ABB India Limited (BOM: 500002)

ABB India Income Statement

Financials in millions INR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	114,314	104,465	85,675	69,340	58,210	73,151
Other Revenue	64.7	-	-	-	-	-
Revenue	114,379	104,465	85,675	69,340	58,210	73,151
Revenue Growth (YoY)	21.49%	21.93%	23.56%	19.12%	-20.43%	9.17%
Cost of Revenue	69,765	66,455	55,900	46,619	38,991	48,899
Gross Profit	44,614	38,010	29,775	22,721	19,219	24,252
Selling, General & Admin	7,904	7,222	6,457	6,096	5,708	6,110
Other Operating Expenses	16,635	15,450	13,175	11,041	10,665	12,409
Operating Expenses	25,795	23,871	20,680	18,164	17,576	19,423
Operating Income	18,819	14,139	9,096	4,558	1,643	4,829
Interest Expense	-169.7	-122.7	-112.8	-91	-101.8	-103.3
Interest & Investment Income	2,770	2,770	1,268	686.2	677.2	783.6
Currency Exchange Gain (Loss)	-371	-371	-488.3	405.7	47.6	-421.2
Other Non Operating Income (Expenses)	508.8	242.7	508.7	488.3	312.1	-27.2
EBT Excluding Unusual Items	21,557	16,659	10,271	6,047	2,578	5,061
Merger & Restructuring Charges	-	-	-	-	-135	-
Gain (Loss) on Sale of Assets	-69.7	-69.7	-35.5	-17.7	12.5	76.4
Asset Writedown	-	-	-	-	-	-697
Other Unusual Items	-	-	3,393	1,213	587.9	-
Pretax Income	21,488	16,589	13,628	7,243	3,044	4,440
Income Tax Expense	5,393	4,107	3,372	1,918	739.3	1,418
Earnings From Continuing Operations	16,094	12,482	10,256	5,325	2,304	3,022
Earnings From Discontinued Operations	-51.2	-61.3	-93.8	-127.8	-112.2	11.7
Net Income	16,043	12,421	10,162	5,197	2,192	3,034
Net Income to Common	16,043	12,421	10,162	5,197	2,192	3,034
Net Income Growth	20.50%	22.22%	95.54%	137.07%	-27.75%	-40.61%
Shares Outstanding (Basic)	212	212	212	212	212	212
Shares Outstanding (Diluted)	212	212	212	212	212	212
Shares Change (YoY)	-0.03%	-	-	-	-	-
EPS (Basic)	75.71	58.61	47.96	24.53	10.35	14.32
EPS (Diluted)	75.71	58.61	47.96	24.53	10.34	14.32
EPS Growth	20.53%	22.22%	95.54%	137.18%	-27.77%	-40.62%
Free Cash Flow	12,039	11,684	5,740	4,779	1,968	5,230
Free Cash Flow Per Share	56.81	55.14	27.09	22.55	9.29	24.68
Dividend Per Share	34.460	23.800	5.500	5.200	5.000	4.800
Dividend Growth	526.55%	332.73%	5.77%	4.00%	4.17%	0%
Gross Margin	39.01%	36.39%	34.75%	32.77%	33.02%	33.15%
Operating Margin	16.45%	13.53%	10.62%	6.57%	2.82%	6.60%
Profit Margin	14.03%	11.89%	11.86%	7.50%	3.77%	4.15%
Free Cash Flow Margin	10.53%	11.18%	6.70%	6.89%	3.38%	7.15%
EBITDA	19,813	15,077	9,945	5,363	2,592	5,716
EBITDA Margin	17.32%	14.43%	11.61%	7.73%	4.45%	7.81%
D&A For EBITDA	994.3	937.5	849.2	804.7	948.3	886.8
EBIT	18,819	14,139	9,096	4,558	1,643	4,829
EBIT Margin	16.45%	13.53%	10.62%	6.57%	2.82%	6.60%
Effective Tax Rate	25.10%	24.76%	24.74%	26.48%	24.29%	31.93%
Revenue as Reported	117,662	107,482	87,470	70,936	59,326	74,094

Source: S&P Capital IQ. Standard template. Financial Sources.