Tata Investment Corporation Limited (BOM: 501301)

Tata Investment Corporation 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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Other Revenue	3,949	3,859	2,777	2,540	1,632	1,440
Revenue	3,949	3,859	2,777	2,540	1,632	1,440
Revenue Growth (YoY)	14.31%	38.97%	9.34%	55.59%	13.39%	-18.73%
Cost of Revenue	0.25	0.25	0.39	0.24	0.16	0.24
Gross Profit	3,949	3,859	2,777	2,540	1,632	1,439
Selling, General & Admin	152.05	151.05	139.59	129.33	105.46	109.19
Other Operating Expenses	196.69	177.99	178.93	119.78	90.78	85.39
Operating Expenses	358.2	338.4	327.99	258.19	204.59	202.05
Operating Income	3,590	3,521	2,449	2,282	1,428	1,237
Interest Expense	-9.33	-107.23	-81.49	-0.91	-0.88	-2.63
Interest & Investment Income	-	-	-	0.03	0.13	-
Earnings From Equity Investments	859.73	646.43	356.58	178.57	247.09	-55.16
Other Non Operating Income (Expenses)	-0.57	-0.57	-1.06	-	-	16.66
EBT Excluding Unusual Items	4,440	4,059	2,723	2,459	1,674	1,196
Gain (Loss) on Sale of Investments	-	-	-	-	-	-188.42
Gain (Loss) on Sale of Assets	-0.06	-0.06	-0.09	-0.01	-0.04	-0.29
Pretax Income	4,440	4,059	2,723	2,459	1,674	1,008
Income Tax Expense	755.48	209.78	205.32	314.55	127.86	106.69
Earnings From Continuing Operations	3,685	3,850	2,517	2,145	1,546	900.9
Minority Interest in Earnings	-	-	1.29	-2.22	-6.43	4.42
Net Income	3,685	3,850	2,519	2,142	1,540	905.31
Net Income to Common	3,685	3,850	2,519	2,142	1,540	905.31
Net Income Growth	13.01%	52.84%	17.56%	39.14%	70.08%	-32.33%
Shares Outstanding (Basic)	51	51	51	51	51	51
Shares Outstanding (Diluted)	51	51	51	51	51	51
Shares Change (YoY)	-0.00%	-	-	-	-	-7.40%
EPS (Basic)	72.83	76.09	49.78	42.34	30.43	17.89
EPS (Diluted)	72.83	76.09	49.78	42.34	30.43	17.89
EPS Growth	13.01%	52.84%	17.56%	39.14%	70.08%	-26.92%
Free Cash Flow	2,354	2,347	2,294	1,223	856.93	1,170
Free Cash Flow Per Share	46.52	46.38	45.34	24.18	16.94	23.12
Dividend Per Share	-	28.000	48.000	55.000	24.000	18.000
Dividend Growth	-	-41.67%	-12.73%	129.17%	33.33%	-10.00%
Gross Margin	99.99%	99.99%	99.99%	99.99%	99.99%	99.98%
Operating Margin	90.92%	91.23%	88.18%	89.83%	87.46%	85.95%
Profit Margin	93.31%	99.74%	90.69%	84.35%	94.32%	62.88%
Free Cash Flow Margin	59.61%	60.81%	82.61%	48.16%	52.49%	81.23%
EBITDA	3,592	3,522	2,450	2,283	1,429	1,238
EBITDA Margin	90.95%	91.25%	88.22%	89.88%	87.55%	86.02%
D&A For EBITDA	1.15	1.05	1.18	1.5	1.56	0.97
EBIT	3,590	3,521	2,449	2,282	1,428	1,237
EBIT Margin	90.92%	91.23%	88.18%	89.83%	87.46%	85.95%
Effective Tax Rate	17.01%	5.17%	7.54%	12.79%	7.64%	10.59%
Revenue as Reported	3,949	3,859	2,777	2,540	1,633	1,440

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