Pioneer Investcorp 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
Total Interest Expense	120.95	128.21	95.18	60.97	93.36	81.45
Net Interest Income	-120.95	-128.21	-95.18	-60.97	-93.36	-81.45
Trading & Principal Transactions	174.71	186.65	264.3	187.33	297.78	249.36
Underwriting & Investment Banking Fee	357.2	178.5	86.27	130.79	42.49	55.04
Other Revenue	57.73	101.7	59.5	5.23	19.78	6.21
Revenue	468.69	338.64	314.88	262.38	266.7	229.15
Revenue Growth (YoY)	30.91%	7.55%	20.01%	-1.62%	16.38%	-30.82%
Salaries & Employee Benefits	179.95	166.25	162.8	158.04	138.02	116.88
Cost of Services Provided	7.37	7.37	11.35	12.27	8.32	4.3
Other Operating Expenses	99.31	70.93	69.92	42.11	56.14	65.48
Total Operating Expenses	296.41	255.14	254.68	221.92	213.23	198.41
Operating Income	172.28	83.5	60.2	40.46	53.47	30.75
Other Non-Operating Income (Expenses)	-3.81	-3.8	-11.28	-4.54	-3.52	-3.26
EBT Excluding Unusual Items	216.79	106.84	66.61	35.93	49.95	27.48
Other Unusual Items	-	-	-	-	-	0.41
Pretax Income	216.79	106.84	66.61	35.93	49.95	27.97
Income Tax Expense	46.16	27.93	25.91	15.37	12.61	19.17
Net Income	170.63	78.9	40.7	20.56	37.34	8.8
Net Income to Common	170.63	78.9	40.7	20.56	37.34	8.8
Net Income Growth	103.39%	93.89%	97.98%	-44.95%	324.49%	-71.73%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
EPS (Basic)	13.86	6.42	3.31	1.67	3.04	0.72
EPS (Diluted)	13.86	6.42	3.31	1.67	3.04	0.72
EPS Growth	102.39%	93.89%	97.98%	-44.95%	324.49%	-71.73%
Free Cash Flow	-	-246.58	-236.37	-301.97	668.61	-549.19
Free Cash Flow Per Share	-	-20.05	-19.22	-24.56	54.37	-44.66
Operating Margin	36.76%	24.66%	19.12%	15.42%	20.05%	13.42%
Profit Margin	36.41%	23.30%	12.92%	7.83%	14.00%	3.84%
Free Cash Flow Margin	-	-72.81%	-75.07%	-115.09%	250.70%	-239.66%
Effective Tax Rate	21.29%	26.15%	38.90%	42.79%	25.25%	68.55%
Revenue as Reported	589.88	467.09	410.18	323.47	360.17	311.28

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