Annual Report 2022-23 
Financial capital
Delivering resilient performance and creating value
FY23 reaffirmed our ability to grow business consistently on the back of a solid, asset-light business model that enables high scalability with minimal incremental funds deployment. This contributes to high free cash flow generation post meeting working capital requirements, enabling us to deliver better returns to shareholders as well as invest in growth opportunities.
SDGs impacted:
A high return on capital of
49.84%*
Robust EBITDA margin at
49.84%*#
despite increased investments in new technology and business initiatives
Solid balance sheet with
Zero debt*
and cash and cash equivalent of ₹ 4,822 million*
Cash and cash equivalent
₹ 4,822 million*
*as on March 31, 2023
#FY23
* After eliminating Non-Controlling Interest
