Mangalam Cement Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	17,709	16,810	17,255	18,016	15,661	13,049
Revenue Growth (YoY)	9.63%	-2.58%	-4.22%	15.04%	20.02%	6.24%
Cost of Revenue	7,900	7,981	8,217	3,236	3,074	2,239
Gross Profit	9,809	8,829	9,038	14,780	12,587	10,810
Selling, General & Admin	5,885	5,584	5,454	1,568	1,355	1,198
Other Operating Expenses	1,753	1,671	1,559	11,693	9,040	7,149
Operating Expenses	8,459	8,041	7,755	13,955	11,019	8,977
Operating Income	1,350	788.17	1,282	824.35	1,568	1,833
Interest Expense	-416.69	-442.99	-490.76	-403.8	-482.48	-571.69
Interest & Investment Income	116.99	116.99	136.16	58.67	114.44	160.31
Currency Exchange Gain (Loss)	-0.26	-0.26	20.17	-39.91	-1.66	13.24
Other Non Operating Income (Expenses)	-385.35	-189.15	-145.25	-224.57	-150.98	-79.38
EBT Excluding Unusual Items	664.28	272.77	802.44	214.75	1,048	1,356
Merger & Restructuring Charges	-	-	-	-	-5.09	-10.33
Gain (Loss) on Sale of Investments	100.78	100.78	90.41	88.56	42.39	8.91
Gain (Loss) on Sale of Assets	45.52	45.52	30.43	5.57	3.37	-0.57
Other Unusual Items	270.53	280.82	67.83	-31.67	102.62	25.73
Pretax Income	1,081	699.89	991.11	277.21	1,191	1,379
Income Tax Expense	274.86	249.26	393.94	105.98	413.84	444.62
Net Income	806.24	450.63	597.17	171.23	777.06	934.67
Net Income to Common	806.24	450.63	597.17	171.23	777.06	934.67
Net Income Growth	77.46%	-24.54%	248.75%	-77.96%	-16.86%	23.14%
Shares Outstanding (Basic)	28	27	27	27	27	27
Shares Outstanding (Diluted)	28	27	27	27	27	27
Shares Change (YoY)	0.04%	-	-	-	-	3.01%
EPS (Basic)	29.32	16.39	21.72	6.23	28.26	33.99
EPS (Diluted)	29.32	16.39	21.72	6.23	28.26	33.99
EPS Growth	77.39%	-24.54%	248.75%	-77.96%	-16.86%	19.56%
Free Cash Flow	-	622.27	837.11	114.81	640.27	1,554
Free Cash Flow Per Share	-	22.63	30.44	4.17	23.29	56.52
Dividend Per Share	-	1.500	1.500	1.500	1.500	1.500
Dividend Growth	-	-	-	-	-	50.00%
Gross Margin	55.39%	52.52%	52.38%	82.04%	80.37%	82.84%
Operating Margin	7.62%	4.69%	7.43%	4.58%	10.01%	14.05%
Profit Margin	4.55%	2.68%	3.46%	0.95%	4.96%	7.16%
Free Cash Flow Margin	-	3.70%	4.85%	0.64%	4.09%	11.91%
EBITDA	2,133	1,543	1,999	1,501	2,173	2,434
EBITDA Margin	12.05%	9.18%	11.58%	8.33%	13.88%	18.65%
D&A For EBITDA	783.81	754.91	716.39	676.17	604.91	600.5
EBIT	1,350	788.17	1,282	824.35	1,568	1,833
EBIT Margin	7.62%	4.69%	7.43%	4.58%	10.01%	14.05%
Effective Tax Rate	25.42%	35.61%	39.75%	38.23%	34.75%	32.23%
Revenue as Reported	18,119	17,416	17,640	18,365	15,934	13,295
Advertising Expenses	-	376.79	593	392.89	140.3	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.