Robust Revenue Growth And Improving ProfitabilitySustained multi-year revenue expansion (₹15,420cr to ₹36,008cr, 2021–2025) and rising gross margins signal durable demand-win with scale benefits. Consistent top-line growth plus improving profitability strengthen long-term cash generation and support reinvestment in product and capacity.
Recovering And Positive Free Cash FlowConversion of earnings into operating cash and a recovery to positive free cash flow reflect improving cash-cycle management. This enhances the company’s ability to fund capex internally, reduce financing reliance, and sustain dividends or strategic investments over the medium term.
Healthy Equity Base And Manageable LeverageAn improved equity ratio and manageable debt-to-equity provide financial flexibility for cyclical auto demand and capex needs. A stronger capital structure reduces refinancing risk, supports investment in manufacturing scale, and helps absorb sector cyclicality over 2–6 months and beyond.