Titan Securities Limited (BOM:530045)

Titan Securities 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	51.83	96.71	63.41	26.19	59	463.7
Other Revenue	6.04	7.51	6.59	7.95	11.57	8.83
Revenue	57.87	104.22	70	34.14	70.57	472.53
Revenue Growth (YoY)	-37.50%	48.89%	105.04%	-51.62%	-85.07%	2159.31%
Cost of Revenue	49.72	86.14	56.56	21.68	41.52	461.49
Gross Profit	8.15	18.08	13.44	12.46	29.05	11.04
Selling, General & Admin	2.35	2.19	1.79	4.56	3.83	5.29
Other Operating Expenses	1.35	1.14	1.33	1.23	1.62	1.68
Operating Expenses	3.86	3.33	3.57	6.72	6.53	7.84
Operating Income	4.29	14.75	9.88	5.74	22.53	3.19
Interest Expense	-0.39	-0.05	-0.01	-0.17	-0.26	-0.04
Earnings From Equity Investments	107.56	93.41	89.95	132.64	142.74	101.91
Other Non Operating Income (Expenses)	0.07	0.07	2.47	0.5	0.59	-
EBT Excluding Unusual Items	111.53	108.18	102.29	138.71	165.6	105.06
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.06
Gain (Loss) on Sale of Assets	0.29	0.29	1.49	-	-	0.25
Other Unusual Items	-	-	-	-	-	5.84
Pretax Income	111.82	108.47	103.78	138.71	165.6	111.09
Income Tax Expense	1.07	3.73	3.09	1.54	5.76	8.47
Earnings From Continuing Operations	110.75	104.74	100.69	137.17	159.83	102.62
Net Income	110.75	104.74	100.69	137.17	159.83	102.62
Net Income to Common	110.75	104.74	100.69	137.17	159.83	102.62
Net Income Growth	1.52%	4.01%	-26.59%	-14.18%	55.75%	372.56%
Shares Outstanding (Basic)	25	25	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25	25	25
Shares Change (YoY)	0.09%	-	-	0.00%	-0.00%	-
EPS (Basic)	4.43	4.19	4.03	5.48	6.39	4.10
EPS (Diluted)	4.43	4.19	4.03	5.48	6.39	4.10
EPS Growth	1.43%	4.01%	-26.55%	-14.23%	55.84%	372.31%
Free Cash Flow	-	21.37	0.47	25.62	12	-33.12
Free Cash Flow Per Share	-	0.85	0.02	1.02	0.48	-1.32
Gross Margin	14.09%	17.35%	19.20%	36.49%	41.17%	2.33%
Operating Margin	7.42%	14.15%	14.11%	16.82%	31.92%	0.68%
Profit Margin	191.37%	100.49%	143.85%	401.79%	226.50%	21.72%
Free Cash Flow Margin	-	20.50%	0.66%	75.06%	17.00%	-7.01%
EBITDA	3.97	14.76	10.32	6.67	23.61	4.07
EBITDA Margin	6.87%	14.16%	14.74%	19.54%	33.45%	0.86%
D&A For EBITDA	-0.32	0.01	0.44	0.93	1.08	0.88
EBIT	4.29	14.75	9.88	5.74	22.53	3.19
EBIT Margin	7.42%	14.15%	14.11%	16.82%	31.92%	0.68%
Effective Tax Rate	0.95%	3.44%	2.97%	1.11%	3.48%	7.62%
Revenue as Reported	58.23	104.58	73.96	34.64	71.16	472.78
Advertising Expenses	-	0.04	0.04	0.04	0.04	0.05

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