APIS India Limited (BOM:506166)

APIS India Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	3,828	3,503	3,161	3,320	2,952	2,734
Other Revenue	5.88	-	-	-	-	-
Revenue	3,834	3,503	3,161	3,320	2,952	2,734
Revenue Growth (YoY)	13.02%	10.83%	-4.78%	12.45%	8.01%	30.16%
Cost of Revenue	2,589	2,363	2,050	2,424	2,044	1,830
Gross Profit	1,245	1,141	1,111	895.42	908.11	903.93
Selling, General & Admin	312.34	308.95	249.27	210.24	220.44	227.77
Other Operating Expenses	536.62	475.87	512.49	463.44	504	524.76
Operating Expenses	895.41	824.2	785.39	701.15	753.17	776.39
Operating Income	349.17	316.6	325.46	194.27	154.95	127.54
Interest Expense	-39.62	-49.09	-51.83	-70.87	-69.93	-52.39
Interest & Investment Income	4.18	4.18	3.24	4.89	2.56	2.73
Earnings From Equity Investments	-8.37	43.04	109.34	108.93	23.56	14.06
Currency Exchange Gain (Loss)	-	-	-5.46	-	-	-1.67
Other Non Operating Income (Expenses)	13.23	13.23	-0.19	1.58	1.59	-0.79
EBT Excluding Unusual Items	318.6	327.96	380.56	238.8	112.73	89.48
Gain (Loss) on Sale of Investments	-	-	0.06	-0.02	0.09	0.17
Gain (Loss) on Sale of Assets	-	-	-	0.23	-	1.11
Pretax Income	319.42	328.78	381.06	239.06	113.01	90.76
Income Tax Expense	88.41	75.41	55.39	56.53	33.19	27.21
Net Income	231	253.37	325.67	182.53	79.82	63.55
Net Income to Common	231	253.37	325.67	182.53	79.82	63.55
Net Income Growth	14.46%	-22.20%	78.41%	128.69%	25.60%	94.75%
Shares Outstanding (Basic)	237	138	138	138	138	138
Shares Outstanding (Diluted)	237	138	138	138	138	138
Shares Change (YoY)	71.78%	-	-	0.00%	-	-
EPS (Basic)	0.98	1.84	2.36	1.33	0.58	0.46
EPS (Diluted)	0.98	1.84	2.36	1.33	0.58	0.46
EPS Growth	-33.37%	-22.20%	78.41%	128.69%	25.60%	94.83%
Free Cash Flow	-	31.53	-69.7	157.14	89.7	-58.64
Free Cash Flow Per Share	-	0.23	-0.51	1.14	0.65	-0.43
Gross Margin	32.46%	32.56%	35.14%	26.97%	30.76%	33.07%
Operating Margin	9.11%	9.04%	10.30%	5.85%	5.25%	4.67%
Profit Margin	6.03%	7.23%	10.30%	5.50%	2.70%	2.33%
Free Cash Flow Margin	-	0.90%	-2.21%	4.73%	3.04%	-2.15%
EBITDA	381.31	342.93	344.05	216.98	179.18	151.4
EBITDA Margin	9.95%	9.79%	10.88%	6.54%	6.07%	5.54%
D&A For EBITDA	32.14	26.33	18.59	22.71	24.24	23.86
EBIT	349.17	316.6	325.46	194.27	154.95	127.54
EBIT Margin	9.11%	9.04%	10.30%	5.85%	5.25%	4.67%
Effective Tax Rate	27.68%	22.94%	14.54%	23.65%	29.37%	29.98%
Revenue as Reported	3,852	3,522	3,172	3,330	2,960	2,739
Advertising Expenses	-	3.52	3.05	1.36	0.73	0.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.