Eicher Motors Limited (BOM: 505200)

Eicher Motors 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
Operating Revenue	167,887	162,340	141,759	101,271	86,616	90,736
Other Revenue	11,816	10,623	5,452	689.5	148.9	253.3
Revenue	179,702	172,963	147,211	101,960	86,765	90,989
Revenue Growth (YoY)	15.87%	17.49%	44.38%	17.51%	-4.64%	-6.69%
Cost of Revenue	93,271	91,359	83,469	60,895	52,236	50,961
Gross Profit	86,432	81,604	63,742	41,065	34,528	40,027
Selling, General & Admin	14,601	13,589	10,903	8,800	8,759	8,319
Other Operating Expenses	17,945	16,768	15,249	11,250	8,118	10,073
Operating Expenses	39,161	36,333	31,414	24,569	21,384	22,208
Operating Income	47,271	45,271	32,328	16,496	13,144	17,820
Interest Expense	-485.3	-462.3	-235.5	-163.7	-156.8	-177.6
Interest & Investment Income	2,038	2,038	1,772	2,454	3,115	2,207
Earnings From Equity Investments	5,340	4,477	3,152	601.5	311.3	317.1
Currency Exchange Gain (Loss)	58.9	58.9	194.6	125.9	-79.9	-175.4
Other Non Operating Income (Expenses)	645.2	645.2	788.7	2,554	1,632	3,585
EBT Excluding Unusual Items	54,867	52,028	37,999	22,067	17,966	23,576
Gain (Loss) on Sale of Assets	-13.9	-13.9	-3.1	-42.3	-14.8	-22.7
Asset Writedown	-	-	-	-	-	-4.2
Other Unusual Items	6.3	6.3	-	-	32.5	-
Pretax Income	54,860	52,020	37,996	22,025	17,984	23,549
Income Tax Expense	12,178	12,010	8,857	5,259	4,515	5,275
Earnings From Continuing Operations	42,682	40,010	29,139	16,766	13,469	18,274
Net Income to Company	42,682	40,010	29,139	16,766	13,469	18,274
Net Income	42,682	40,010	29,139	16,766	13,469	18,274
Net Income to Common	42,682	40,010	29,139	16,766	13,469	18,274
Net Income Growth	19.19%	37.31%	73.80%	24.48%	-26.30%	-17.04%
Shares Outstanding (Basic)	274	274	273	273	273	273
Shares Outstanding (Diluted)	274	274	274	274	274	273
Shares Change (YoY)	0.14%	0.10%	0.09%	0.05%	0.16%	0.03%
EPS (Basic)	155.84	146.18	106.56	61.33	49.30	66.95
EPS (Diluted)	155.52	145.92	106.38	61.26	49.24	66.92
EPS Growth	19.02%	37.17%	73.65%	24.41%	-26.42%	-17.06%
Free Cash Flow	22,279	29,052	21,402	8,862	11,588	11,482
Free Cash Flow Per Share	81.18	105.96	78.13	32.38	42.36	42.05
Dividend Per Share	-	51.000	37.000	21.000	17.000	12.500
Dividend Growth	-	37.84%	76.19%	23.53%	36.00%	0%
Gross Margin	48.10%	47.18%	43.30%	40.28%	39.80%	43.99%
Operating Margin	26.31%	26.17%	21.96%	16.18%	15.15%	19.58%
Profit Margin	23.75%	23.13%	19.79%	16.44%	15.52%	20.08%
Free Cash Flow Margin	12.40%	16.80%	14.54%	8.69%	13.36%	12.62%
EBITDA	52,210	49,571	36,440	20,063	16,652	20,932
EBITDA Margin	29.05%	28.66%	24.75%	19.68%	19.19%	23.01%
D&A For EBITDA	4,939	4,301	4,112	3,567	3,508	3,112
EBIT	47,271	45,271	32,328	16,496	13,144	17,820
EBIT Margin	26.31%	26.17%	21.96%	16.18%	15.15%	19.58%
Effective Tax Rate	22.20%	23.09%	23.31%	23.88%	25.11%	22.40%
Revenue as Reported	182,856	176,117	150,373	107,387	91,735	96,968
Advertising Expenses	-	551.7	422.1	308.2	182	217.6

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