Kalyani Steels Limited (BOM: 500235)

Kalyani Steels Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	19,241	19,595	18,994	17,060	11,880	11,989
Revenue	19,241	19,595	18,994	17,060	11,880	11,989
Revenue Growth (YoY)	1.10%	3.17%	11.33%	43.60%	-0.91%	-14.76%
Cost of Revenue	13,981	14,301	14,656	12,287	8,092	8,567
Gross Profit	5,261	5,294	4,338	4,773	3,789	3,423
Selling, General & Admin	863	843.77	708.72	656.24	632.41	637.29
Other Operating Expenses	819.76	740.33	832.8	731.83	524.54	699.31
Operating Expenses	2,292	2,192	2,031	1,847	1,598	1,764
Operating Income	2,969	3,103	2,307	2,926	2,190	1,659
Interest Expense	-225.93	-253.6	-272.69	-112.72	-37.94	-19.7
Interest & Investment Income	449.22	449.22	551.37	458.58	308.49	204.87
Currency Exchange Gain (Loss)	8.38	8.38	-339.92	-0.28	64.72	-146.9
Other Non Operating Income (Expenses)	9.29	1.26	-1.94	-20.37	-9.51	-73.46
EBT Excluding Unusual Items	3,210	3,308	2,244	3,251	2,516	1,624
Gain (Loss) on Sale of Investments	4.92	4.92	6.01	3.16	31.2	24.86
Gain (Loss) on Sale of Assets	-	-	0.33	-	0.11	0.03
Other Unusual Items	18.31	18.31	-	51.81	-	-
Pretax Income	3,233	3,331	2,251	3,306	2,547	1,649
Income Tax Expense	835.44	843.18	580.33	829.21	647.35	307.85
Earnings From Continuing Operations	2,397	2,488	1,670	2,477	1,900	1,341
Minority Interest in Earnings	-0.01	-0.01	-	-35.72	2.98	25.31
Net Income	2,397	2,488	1,670	2,441	1,903	1,366
Net Income to Common	2,397	2,488	1,670	2,441	1,903	1,366
Net Income Growth	17.15%	48.95%	-31.59%	28.31%	39.29%	3.72%
Shares Outstanding (Basic)	44	44	44	44	44	44
Shares Outstanding (Diluted)	44	44	44	44	44	44
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	54.92	56.99	38.26	55.93	43.59	31.29
EPS (Diluted)	54.92	56.99	38.26	55.93	43.59	31.29
EPS Growth	17.14%	48.95%	-31.59%	28.31%	39.29%	3.72%
Free Cash Flow	-	-2,584	-2,372	1,872	461.69	2,227
Free Cash Flow Per Share	-	-59.19	-54.33	42.89	10.58	51.03
Dividend Per Share	10.000	10.000	10.000	10.000	7.500	5.000
Dividend Growth	-	0%	0%	33.33%	50.00%	0%
Gross Margin	27.34%	27.02%	22.84%	27.98%	31.89%	28.55%
Operating Margin	15.43%	15.83%	12.15%	17.15%	18.43%	13.84%
Profit Margin	12.46%	12.70%	8.79%	14.31%	16.02%	11.39%
Free Cash Flow Margin	-	-13.19%	-12.49%	10.97%	3.89%	18.58%
EBITDA	3,605	3,709	2,795	3,381	2,623	2,076
EBITDA Margin	18.74%	18.93%	14.72%	19.82%	22.07%	17.32%
D&A For EBITDA	636.23	606.58	487.98	454.92	432.42	417.53
EBIT	2,969	3,103	2,307	2,926	2,190	1,659
EBIT Margin	15.43%	15.83%	12.15%	17.15%	18.43%	13.84%
Effective Tax Rate	25.84%	25.31%	25.79%	25.08%	25.41%	18.67%
Revenue as Reported	19,718	20,063	19,558	17,576	12,308	12,222

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