Hatsun Agro Product Limited (BOM: 531531)

Hatsun Agro Product 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	83,815	79,904	72,470	63,704	55,513	53,083
Revenue Growth (YoY)	11.15%	10.26%	13.76%	14.76%	4.58%	11.51%
Cost of Revenue	59,299	57,507	53,049	45,253	38,679	38,504
Gross Profit	24,516	22,397	19,421	18,451	16,834	14,580
Selling, General & Admin	4,080	3,995	3,812	3,489	2,842	2,895
Other Operating Expenses	10,270	9,383	8,569	7,709	5,950	6,138
Operating Expenses	18,741	17,474	15,996	14,305	11,742	11,998
Operating Income	5,775	4,923	3,425	4,146	5,091	2,582
Interest Expense	-1,778	-1,530	-1,249	-1,051	-1,072	-1,043
Interest & Investment Income	32.11	32.11	19.63	18.38	31.54	31.12
Currency Exchange Gain (Loss)	-5.05	-5.05	-4.48	-9.53	6.85	10.08
Other Non Operating Income (Expenses)	-87.63	-12.03	-10.22	-15.52	-10.4	-15.31
EBT Excluding Unusual Items	3,936	3,409	2,181	3,088	4,047	1,564
Gain (Loss) on Sale of Investments	16.83	16.83	8.75	2.02	1.47	0.42
Gain (Loss) on Sale of Assets	153.48	153.48	56.12	46.87	-4.27	-0.83
Pretax Income	4,106	3,579	2,246	3,137	4,044	1,564
Income Tax Expense	1,062	906.05	587.02	654.74	1,308	441.22
Earnings From Continuing Operations	3,044	2,673	1,659	2,482	2,736	1,123
Earnings From Discontinued Operations	-	-	-	-303.39	-272.28	-
Net Income	3,044	2,673	1,659	2,179	2,464	1,123
Net Income to Common	3,044	2,673	1,659	2,179	2,464	1,123
Net Income Growth	32.85%	61.16%	-23.89%	-11.55%	119.42%	-2.24%
Shares Outstanding (Basic)	223	223	220	216	216	201
Shares Outstanding (Diluted)	223	223	220	216	216	216
Shares Change (YoY)	-0.42%	1.22%	2.09%	-	-0.00%	-0.23%
EPS (Basic)	13.67	12.00	7.54	10.11	11.43	5.59
EPS (Diluted)	13.67	12.00	7.54	10.11	11.43	5.21
EPS Growth	33.41%	59.21%	-25.44%	-11.53%	119.33%	-1.98%
Free Cash Flow	462.97	-6,067	2,700	-163.25	1,013	56.39
Free Cash Flow Per Share	2.08	-27.24	12.27	-0.76	4.70	0.26
Dividend Per Share	6.000	6.000	6.000	6.000	4.000	3.000
Dividend Growth	0%	0%	0%	50.00%	33.33%	0%
Gross Margin	29.25%	28.03%	26.80%	28.96%	30.32%	27.47%
Operating Margin	6.89%	6.16%	4.73%	6.51%	9.17%	4.86%
Profit Margin	3.63%	3.35%	2.29%	3.42%	4.44%	2.12%
Free Cash Flow Margin	0.55%	-7.59%	3.73%	-0.26%	1.83%	0.11%
EBITDA	9,357	8,209	6,395	7,254	8,041	4,933
EBITDA Margin	11.16%	10.27%	8.82%	11.39%	14.49%	9.29%
D&A For EBITDA	3,582	3,286	2,970	3,108	2,950	2,351
EBIT	5,775	4,923	3,425	4,146	5,091	2,582
EBIT Margin	6.89%	6.16%	4.73%	6.51%	9.17%	4.86%
Effective Tax Rate	25.87%	25.32%	26.14%	20.87%	32.35%	28.21%
Revenue as Reported	83,965	80,130	72,575	63,802	55,570	53,170
Advertising Expenses	-	1,569	1,381	1,194	844.71	1,047

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