The Phoenix Mills Limited (BOM: 503100)

The Phoenix Mills 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
Other Revenue	40,712	38,991	26,012	14,835	10,082	18,432
Total Revenue	40,712	38,991	26,012	14,835	10,082	18,432
Revenue Growth (YoY	41.63%	49.90%	75.34%	47.14%	-45.30%	-2.29%
Property Expenses	4,986	6,413	2,651	1,701	1,330	2,761
Selling, General & Administrative	1,697	1,755	1,244	537.53	375.49	900.76
Depreciation & Amortization	2,847	2,702	2,278	1,859	2,094	2,076
Other Operating Expenses	11,795	8,859	6,843	5,227	3,301	5,025
Total Operating Expenses	21,326	19,728	13,016	9,324	7,101	10,764
Operating Income	19,386	19,263	12,996	5,511	2,982	7,668
Interest Expense	-4,033	-3,959	-3,412	-2,923	-3,461	-3,441
Interest & Investment Income	-	510.74	488.03	375.99	546.46	452.28
Income (Loss) on Equity Investments	63.65	64.25	50.64	201.91	138.14	325.66
Currency Exchange Gain (Loss)	-	3.08	-16.63	-5.49	-	-6.22
Other Non-Operating Income	1,415	74.14	22.97	11.87	17.27	90.52
EBT Excluding Unusual Items	16,831	15,957	10,129	3,172	222.84	5,090
Gain (Loss) on Sale of Investments	-	670.93	578.64	315.74	78.04	-2.5
Gain (Loss) on Sale of Assets	-	-56.09	5.74	-0.98	176.18	-58.96
Asset Writedown	-78.12	-78.12	-	-4.37	-46.42	-
Other Unusual Items	-5.1	-	6,052	-	-	77.66
Pretax Income	16,748	16,493	16,765	3,483	430.63	5,106
Income Tax Expense	3,184	3,166	1,989	800.62	-46.8	1,221
Earnings From Continuing Operations	13,564	13,327	14,776	2,682	477.43	3,885
Minority Interest in Earnings	-2,652	-2,335	-1,426	-308.5	98.89	-537.67
Net Income	10,912	10,992	13,350	2,374	576.32	3,347
Net Income to Common	10,912	10,992	13,350	2,374	576.32	3,347
Net Income Growth	27.37%	-17.66%	462.43%	311.85%	-82.78%	-20.49%
Basic Shares Outstanding	179	179	179	178	171	153
Diluted Shares Outstanding	179	179	179	178	171	154
Shares Change (YoY)	0.32%	0.27%	0.13%	4.25%	11.32%	0.05%
EPS (Basic)	60.91	61.36	74.76	13.31	3.37	21.82
EPS (Diluted)	60.86	61.31	74.71	13.30	3.37	21.77
EPS Growth	26.96%	-17.94%	461.73%	294.66%	-84.52%	-20.55%
Dividend Per Share	-	5.000	5.000	2.400	1.000	-
Dividend Growth	-	0%	108.33%	140.00%	-	-
Operating Margin	47.62%	49.40%	49.96%	37.15%	29.57%	41.60%
Profit Margin	26.80%	28.19%	51.32%	16.00%	5.72%	18.16%
Free Cash Flow Margin	-	55.44%	52.13%	52.62%	42.84%	40.07%
EBITDA	22,196	21,955	15,267	7,359	5,069	9,736
EBITDA Margin	54.52%	56.31%	58.69%	49.60%	50.28%	52.82%
D&A For Ebitda	2,810	2,691	2,272	1,848	2,087	2,067
EBIT	19,386	19,263	12,996	5,511	2,982	7,668
EBIT Margin	47.62%	49.40%	49.96%	37.15%	29.57%	41.60%
Effective Tax Rate	19.01%	19.20%	11.87%	22.99%	-	23.91%
Revenue as Reported	42,127	41,099	27,546	15,579	11,373	19,996

Source: S&P Capital IQ. Real Estate template. Financial Sources.