| Line item | FY25 | FY26 |
|---|---|---|
| LiabilitiesEquity Capital | 0 | 454 |
| Reserves | -0 | -23 |
| Borrowings | 0 | 0 |
| Other Liabilities | 0 | 69 |
| Total Liabilities | 0 | 500 |
| AssetsFixed Assets | 0 | 449 |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| Other Assets | 0 | 51 |
| Total Assets | 0 | 500 |
| Line item | FY25 | FY26 |
|---|---|---|
| ActivitiesCash from Operating | 0 | 11 |
| Cash from Investing | 0 | -215 |
| Cash from Financing | 0 | 219 |
| SummaryCapital Expenditure | — | — |
| Free Cash Flow | 0 | 11 |
| FCF Margin | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
PSTITANIA · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.