Steel Strips Wheels Limited (BOM: 513262)

Steel Strips Wheels 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
Revenue	42,994	43,571	40,405	35,600	17,494	15,633
Revenue Growth (YoY)	4.32%	7.83%	13.50%	103.49%	11.90%	-23.41%
Cost of Revenue	27,701	28,361	26,636	21,871	10,991	9,663
Gross Profit	15,293	15,210	13,769	13,728	6,503	5,971
Selling, General & Admin	3,768	3,696	2,932	2,428	1,581	1,622
Other Operating Expenses	6,923	6,862	6,250	6,770	2,884	2,602
Operating Expenses	11,845	11,600	9,987	9,967	5,188	4,944
Operating Income	3,448	3,610	3,782	3,761	1,315	1,027
Interest Expense	-1,112	-992.53	-806.12	-788.28	-794.75	-841.46
Interest & Investment Income	120.77	120.77	118.82	107.94	110.55	116.37
Earnings From Equity Investments	-0.24	-4.52	-0.06	-	-	-
Currency Exchange Gain (Loss)	-12.58	-12.58	-158.36	-2.03	-0.83	-34.23
Other Non Operating Income (Expenses)	-83.73	-29.88	-24.13	-49.67	0.82	56.8
EBT Excluding Unusual Items	2,360	2,692	2,913	3,029	631.05	324.78
Gain (Loss) on Sale of Assets	11.53	11.53	-0.5	6.06	7.25	2.23
Other Unusual Items	4,731	4,731	-	-	-0.01	-0
Pretax Income	7,103	7,434	2,912	3,035	638.29	327.01
Income Tax Expense	483.65	687.44	974.21	980.55	145.79	92.51
Net Income	6,619	6,747	1,938	2,055	492.5	234.49
Preferred Dividends & Other Adjustments	-	-	-	-	-0	-
Net Income to Common	6,619	6,747	1,938	2,055	492.5	234.49
Net Income Growth	246.96%	248.15%	-5.68%	317.18%	110.03%	-71.53%
Shares Outstanding (Basic)	157	157	156	156	156	156
Shares Outstanding (Diluted)	157	157	157	156	156	161
Shares Change (YoY)	-0.15%	0.01%	0.26%	-0.00%	-2.80%	-0.03%
EPS (Basic)	42.21	43.07	12.39	13.16	3.16	1.50
EPS (Diluted)	42.17	43.00	12.35	13.13	3.15	1.46
EPS Growth	247.56%	248.18%	-5.94%	317.09%	116.06%	-71.51%
Free Cash Flow	937.42	-1,900	2,114	2,370	1,129	237.41
Free Cash Flow Per Share	5.97	-12.11	13.48	15.14	7.21	1.47
Dividend Per Share	-	1.000	1.000	0.750	0.200	-
Dividend Growth	-	0%	33.33%	275.00%	-	-
Gross Margin	35.57%	34.91%	34.08%	38.56%	37.17%	38.19%
Operating Margin	8.02%	8.29%	9.36%	10.57%	7.52%	6.57%
Profit Margin	15.39%	15.48%	4.80%	5.77%	2.82%	1.50%
Free Cash Flow Margin	2.18%	-4.36%	5.23%	6.66%	6.45%	1.52%
EBITDA	4,600	4,652	4,586	4,530	2,038	1,747
EBITDA Margin	10.70%	10.68%	11.35%	12.72%	11.65%	11.17%
D&A For EBITDA	1,152	1,041	803.27	768.7	723.11	719.38
EBIT	3,448	3,610	3,782	3,761	1,315	1,027
EBIT Margin	8.02%	8.29%	9.36%	10.57%	7.52%	6.57%
Effective Tax Rate	6.81%	9.25%	33.45%	32.31%	22.84%	28.29%
Revenue as Reported	43,076	43,708	40,529	35,730	17,657	15,855
Advertising Expenses	-	5.83	6.86	4.73	3.48	3.29

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