Berger Paints India Limited (BOM: 509480)

Berger Paints India 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	112,677	111,989	105,678	87,618	68,176	63,658
Other Revenue	0.8	0.8	1.2	1.1	2.2	-
Revenue	112,678	111,990	105,680	87,619	68,178	63,658
Revenue Growth (YoY)	3.05%	5.97%	20.61%	28.51%	7.10%	5.01%
Cost of Revenue	68,336	68,101	68,633	55,410	39,585	38,133
Gross Profit	44,342	43,889	37,047	32,209	28,593	25,525
Selling, General & Admin	12,300	11,738	9,599	8,273	7,201	7,213
Other Operating Expenses	14,017	13,388	12,225	10,403	9,256	7,555
Operating Expenses	29,777	28,435	24,464	20,941	18,569	16,678
Operating Income	14,565	15,454	12,583	11,268	10,024	8,847
Interest Expense	-692.9	-779	-989.2	-504.2	-438.3	-458.4
Interest & Investment Income	255.4	255.4	158.7	201.6	163.2	188.1
Earnings From Equity Investments	519	410.2	-131.7	38.6	-56.1	-83
Currency Exchange Gain (Loss)	-40.4	-40.4	-190.4	-64.5	-147.6	-75.8
Other Non Operating Income (Expenses)	426.9	141.2	155.3	94.3	96.1	242.2
EBT Excluding Unusual Items	15,033	15,442	11,585	11,034	9,641	8,660
Gain (Loss) on Sale of Investments	76.3	76.3	22.5	78.1	100.3	171.1
Gain (Loss) on Sale of Assets	12.4	12.4	-37.6	67.9	0.7	-
Other Unusual Items	32	32	36.5	12.6	20.4	-
Pretax Income	15,160	15,569	11,623	11,223	9,786	8,832
Income Tax Expense	3,693	3,871	3,019	2,893	2,589	2,271
Earnings From Continuing Operations	11,467	11,698	8,604	8,330	7,197	6,561
Minority Interest in Earnings	-17.4	-20.8	-9.8	-1.3	0.3	17.1
Net Income	11,450	11,677	8,594	8,328	7,198	6,578
Net Income to Common	11,450	11,677	8,594	8,328	7,198	6,578
Net Income Growth	10.88%	35.88%	3.19%	15.71%	9.42%	33.08%
Shares Outstanding (Basic)	1,165	1,166	1,166	1,166	1,165	1,165
Shares Outstanding (Diluted)	1,166	1,166	1,166	1,166	1,166	1,166
Shares Change (YoY)	-0.01%	0.01%	-0.00%	0.01%	0.01%	0.01%
EPS (Basic)	9.83	10.02	7.37	7.15	6.18	5.64
EPS (Diluted)	9.82	10.02	7.37	7.14	6.17	5.64
EPS Growth	10.94%	35.92%	3.20%	15.66%	9.41%	33.05%
Free Cash Flow	11,856	13,161	2,275	-2,075	6,097	2,897
Free Cash Flow Per Share	10.16	11.29	1.95	-1.78	5.23	2.49
Dividend Per Share	-	3.500	2.667	2.583	2.333	1.833
Dividend Growth	-	31.25%	3.23%	10.71%	27.27%	15.79%
Gross Margin	39.35%	39.19%	35.06%	36.76%	41.94%	40.10%
Operating Margin	12.93%	13.80%	11.91%	12.86%	14.70%	13.90%
Profit Margin	10.16%	10.43%	8.13%	9.51%	10.56%	10.33%
Free Cash Flow Margin	10.52%	11.75%	2.15%	-2.37%	8.94%	4.55%
EBITDA	17,041	17,779	14,372	12,855	11,577	10,242
EBITDA Margin	15.12%	15.88%	13.60%	14.67%	16.98%	16.09%
D&A For EBITDA	2,476	2,325	1,789	1,588	1,553	1,395
EBIT	14,565	15,454	12,583	11,268	10,024	8,847
EBIT Margin	12.93%	13.80%	11.91%	12.86%	14.70%	13.90%
Effective Tax Rate	24.36%	24.86%	25.98%	25.78%	26.46%	25.71%
Revenue as Reported	113,600	112,626	106,194	88,264	68,691	64,343
Advertising Expenses	-	4,454	3,379	2,713	2,294	2,616

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