Narmada Gelatines 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
Operating Revenue	2,035	1,889	1,818	1,911	1,574	1,349
Other Revenue	-9.8	-	-	-	-	0.48
Revenue	2,025	1,889	1,818	1,911	1,574	1,349
Revenue Growth (YoY)	7.36%	3.92%	-4.89%	21.46%	16.65%	0.43%
Cost of Revenue	1,387	1,406	1,396	1,507	1,256	1,111
Gross Profit	638.1	483.1	422.26	404.61	318.08	238.39
Selling, General & Admin	198.48	164.58	151.13	139.13	124.5	116.59
Other Operating Expenses	99.22	72.72	58.49	67.96	48.22	44.1
Operating Expenses	322.72	259.52	229.98	226.27	193.55	175.55
Operating Income	315.39	223.59	192.28	178.34	124.53	62.84
Interest Expense	-10.68	-10.68	-0.01	-0.06	-0.64	-1.34
Interest & Investment Income	11.52	11.52	10.44	8.84	10.48	12.12
Earnings From Equity Investments	35.9	8.2	-	-	-	-
Currency Exchange Gain (Loss)	-0.01	-0.01	-0.02	-0.04	-0.06	0.06
Other Non Operating Income (Expenses)	-0.33	-1.53	-2.59	-2.99	-0.2	-0.34
EBT Excluding Unusual Items	351.79	231.09	200.12	184.08	134.11	73.35
Gain (Loss) on Sale of Investments	5.01	5.01	5.67	14.08	21.54	40.53
Gain (Loss) on Sale of Assets	-	-	-	-	-1.39	-0.01
Pretax Income	356.8	236.1	205.78	198.17	154.26	114.05
Income Tax Expense	81.3	55.8	52.48	45.34	30.87	29.47
Net Income	275.49	180.29	153.3	152.83	123.39	84.58
Net Income to Common	275.49	180.29	153.3	152.83	123.39	84.58
Net Income Growth	60.64%	17.61%	0.31%	23.86%	45.89%	-34.33%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
EPS (Basic)	45.53	29.80	25.34	25.26	20.40	13.98
EPS (Diluted)	45.53	29.80	25.34	25.26	20.40	13.98
EPS Growth	60.61%	17.61%	0.31%	23.86%	45.89%	-34.33%
Free Cash Flow	-	23.47	127.78	115.6	16.98	-3.91
Free Cash Flow Per Share	-	3.88	21.12	19.11	2.81	-0.65
Dividend Per Share	-	10.000	10.000	-	10.000	10.000
Gross Margin	31.51%	25.57%	23.23%	21.17%	20.21%	17.67%
Operating Margin	15.57%	11.83%	10.58%	9.33%	7.91%	4.66%
Profit Margin	13.61%	9.54%	8.43%	8.00%	7.84%	6.27%
Free Cash Flow Margin	-	1.24%	7.03%	6.05%	1.08%	-0.29%
EBITDA	339.01	245.81	212.65	197.52	145.36	77.7
EBITDA Margin	16.74%	13.01%	11.70%	10.33%	9.24%	5.76%
D&A For EBITDA	23.62	22.22	20.36	19.19	20.83	14.85
EBIT	315.39	223.59	192.28	178.34	124.53	62.84
EBIT Margin	15.57%	11.83%	10.58%	9.33%	7.91%	4.66%
Effective Tax Rate	22.79%	23.64%	25.50%	22.88%	20.01%	25.84%
Revenue as Reported	2,042	1,906	1,834	1,934	1,606	1,404
Advertising Expenses	-	1.17	0.39	0.45	0.29	0.31

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