Incap Limited (BOM:517370)

Incap 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	284.22	335.79	193.65	210.59	231.59	209.08
Revenue	284.22	335.79	193.65	210.59	231.59	209.08
Revenue Growth (YoY)	-12.81%	73.40%	-8.04%	-9.07%	10.77%	-45.45%
Cost of Revenue	226.24	272.37	131.85	123.15	127.02	103.46
Gross Profit	57.98	63.42	61.8	87.44	104.57	105.62
Selling, General & Admin	24.88	25.69	25.34	20.1	19.22	18.77
Other Operating Expenses	18.17	20.47	29.82	59.99	79.54	86.08
Operating Expenses	47.97	49.99	59	84	103.17	109.57
Operating Income	10.01	13.43	2.8	3.44	1.41	-3.95
Interest Expense	-4.93	-4.57	-1.74	-1.84	-1.61	-1.4
Interest & Investment Income	0.08	0.08	8.02	9.47	10.07	8.8
Currency Exchange Gain (Loss)	1.51	1.51	-0.05	-2.9	-	2.42
Other Non Operating Income (Expenses)	1.59	-	0.05	0.02	0	-
EBT Excluding Unusual Items	8.26	10.45	9.07	8.19	9.87	5.88
Gain (Loss) on Sale of Assets	-	-	0.13	0.72	1.7	0.94
Pretax Income	8.26	10.45	9.21	8.91	11.57	6.82
Income Tax Expense	2.46	2.46	2.51	2.28	3.54	0.97
Net Income	5.8	7.99	6.7	6.63	8.03	5.85
Net Income to Common	5.8	7.99	6.7	6.63	8.03	5.85
Net Income Growth	-35.84%	19.38%	0.97%	-17.35%	37.26%	33.00%
Shares Outstanding (Basic)	-	5	5	5	5	5
Shares Outstanding (Diluted)	-	5	5	5	5	5
Shares Change (YoY)	-	-0.51%	0.19%	-0.06%	0.30%	0.33%
EPS (Basic)	-	1.56	1.30	1.29	1.56	1.14
EPS (Diluted)	-	1.56	1.30	1.29	1.56	1.14
EPS Growth	-	20.00%	0.78%	-17.31%	36.84%	32.56%
Free Cash Flow	95.96	-63.95	-62.13	-16.2	-38.4	28.28
Free Cash Flow Per Share	-	-12.48	-12.06	-3.15	-7.46	5.51
Dividend Per Share	-	1.000	1.000	1.000	1.000	1.000
Gross Margin	20.40%	18.89%	31.91%	41.52%	45.15%	50.52%
Operating Margin	3.52%	4.00%	1.45%	1.63%	0.61%	-1.89%
Profit Margin	2.04%	2.38%	3.46%	3.15%	3.46%	2.80%
Free Cash Flow Margin	33.76%	-19.04%	-32.09%	-7.69%	-16.58%	13.53%
EBITDA	14.93	17.25	6.63	7.35	5.81	0.77
EBITDA Margin	5.25%	5.14%	3.42%	3.49%	2.51%	0.37%
D&A For EBITDA	4.92	3.82	3.83	3.91	4.4	4.72
EBIT	10.01	13.43	2.8	3.44	1.41	-3.95
EBIT Margin	3.52%	4.00%	1.45%	1.63%	0.61%	-1.89%
Effective Tax Rate	29.78%	23.52%	27.25%	25.58%	30.63%	14.24%
Revenue as Reported	287.73	337.71	202.43	220.81	243.37	221.27
Advertising Expenses	-	0.32	0.85	0.45	0.08	0.13

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