| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 3 | 3 | 3 | 3 | 9 | 9 | 25 | 25 |
| Reserves | -3 | -3 | -3 | -3 | 59 | 65 | 60 | 56 |
| Borrowings | 0 | 0 | 0 | 27 | 25 | 43 | 39 | 40 |
| Other Liabilities | 0 | 0 | 0 | 0 | 4 | 4 | 6 | 4 |
| Total Liabilities | 0 | 0 | 0 | 27 | 97 | 121 | 130 | 125 |
| AssetsFixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 13 | 79 | 81 | 87 | 88 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0 | 0 | 0 | 14 | 18 | 39 | 43 | 38 |
| Total Assets | 0 | 0 | 0 | 27 | 97 | 121 | 130 | 125 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -0 | -0 | -0 | -0 | -13 | 2 | -18 | 2 |
| Cash from Investing | 0 | 0 | 0 | 0 | -14 | -65 | -3 | -6 |
| Cash from Financing | 0 | 0 | 0 | 0 | 27 | 64 | 21 | 4 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -0 | -0 | -0 | -0 | -26 | -64 | -21 | -4 |
| 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.
TAHMARENT · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.