Patel Engineering Limited (BOM: 531120)

Patel Engineering 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	46,802	45,441	38,911	33,803	19,948	26,172
Revenue Growth (YoY)	1.51%	16.78%	15.11%	69.46%	-23.78%	10.80%
Cost of Revenue	33,275	32,920	28,488	24,441	14,590	21,110
Gross Profit	13,527	12,521	10,424	9,363	5,358	5,062
Selling, General & Admin	3,628	3,612	3,341	2,735	2,061	1,991
Other Operating Expenses	2,794	2,006	1,467	1,325	821.83	1,172
Operating Expenses	7,439	6,594	5,617	4,880	3,603	3,825
Operating Income	6,088	5,927	4,807	4,483	1,755	1,237
Interest Expense	-2,766	-2,933	-3,366	-3,409	-3,299	-2,117
Interest & Investment Income	476.38	476.38	587.96	589.12	590.84	924.67
Earnings From Equity Investments	66	6.09	46.79	32.23	-178.21	-201.72
Currency Exchange Gain (Loss)	41.54	41.54	110.33	118.67	-31.39	-44.21
Other Non Operating Income (Expenses)	48.78	-337.89	-318.33	-336.74	-219.34	226.29
EBT Excluding Unusual Items	3,955	3,181	1,867	1,477	-1,382	25.14
Gain (Loss) on Sale of Investments	13.94	13.94	0.3	-	-	-
Gain (Loss) on Sale of Assets	6.6	6.6	12.98	-19.35	-92.71	13.56
Asset Writedown	-	-	-	-	-769.35	-
Other Unusual Items	655.94	856.18	-8.14	-304.94	-1,372	306.78
Pretax Income	4,631	4,057	1,872	1,152	-3,616	345.48
Income Tax Expense	1,258	1,035	388.63	431.43	-708.86	234.17
Earnings From Continuing Operations	3,373	3,022	1,484	720.98	-2,907	111.31
Earnings From Discontinued Operations	-	-119.73	351.06	-	-	-
Net Income to Company	3,373	2,902	1,835	720.98	-2,907	111.31
Net Income	3,373	2,902	1,835	720.98	-2,907	111.31
Net Income to Common	3,373	2,902	1,835	720.98	-2,907	111.31
Net Income Growth	70.28%	58.18%	154.50%	-	-	-92.78%
Shares Outstanding (Basic)	780	774	525	475	429	285
Shares Outstanding (Diluted)	887	867	881	687	429	285
Shares Change (YoY)	-12.80%	-1.58%	28.15%	60.32%	50.22%	-23.61%
EPS (Basic)	4.33	3.75	3.50	1.52	-6.78	0.39
EPS (Diluted)	3.85	3.40	2.43	1.49	-6.78	0.39
EPS Growth	85.84%	40.07%	63.00%	-	-	-90.55%
Free Cash Flow	5,977	5,285	5,341	3,559	2,552	3,546
Free Cash Flow Per Share	6.74	6.10	6.07	5.18	5.95	12.43
Gross Margin	28.90%	27.56%	26.79%	27.70%	26.86%	19.34%
Operating Margin	13.01%	13.04%	12.35%	13.26%	8.80%	4.73%
Profit Margin	7.21%	6.39%	4.72%	2.13%	-14.58%	0.43%
Free Cash Flow Margin	12.77%	11.63%	13.73%	10.53%	12.79%	13.55%
EBITDA	7,052	6,850	5,550	5,225	2,475	1,899
EBITDA Margin	15.07%	15.07%	14.26%	15.46%	12.41%	7.26%
D&A For EBITDA	964.18	922.57	743.36	741.82	720.25	661.86
EBIT	6,088	5,927	4,807	4,483	1,755	1,237
EBIT Margin	13.01%	13.04%	12.35%	13.26%	8.80%	4.73%
Effective Tax Rate	27.16%	25.51%	20.75%	37.44%	-	67.78%
Revenue as Reported	48,077	46,330	40,061	34,965	21,039	27,884

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