Marico Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020	2019 - 2015
Revenue	100,070	96,530	97,640	95,120	80,480	73,150	Upgrade
Revenue Growth (YoY)	3.56%	-1.14%	2.65%	18.19%	10.02%	-0.26%	Upgrade
Cost of Revenue	49,370	48,290	54,100	54,870	43,170	37,840	Upgrade
Gross Profit	50,700	48,240	43,540	40,250	37,310	35,310	Upgrade
Selling, General & Admin	17,930	16,950	14,950	13,820	12,680	4,780	Upgrade
Other Operating Expenses	11,710	11,000	10,450	9,570	8,705	15,820	Upgrade
Operating Expenses	31,290	29,530	26,950	24,780	22,775	21,980	Upgrade
Operating Income	19,410	18,710	16,590	15,470	14,535	13,330	Upgrade
Interest Expense	-390	-480	-320	-190	-240	-330	Upgrade
Interest & Investment Income	770	770	490	590	590	720	Upgrade
Earnings From Equity Investments	-	-	-	-	-20	-	Upgrade
Currency Exchange Gain (Loss)	-340	-340	40	-20	-30	60	Upgrade
Other Non Operating Income (Expenses)	190	-160	-120	-90	30	-60	Upgrade
EBT Excluding Unusual Items	19,640	18,500	16,680	15,760	14,865	13,720	Upgrade
Merger & Restructuring Charges	-10	-10	-30	-50	-325	-190	Upgrade
Impairment of Goodwill	-	-	-	-	-190	-100	Upgrade
Gain (Loss) on Sale of Investments	730	730	500	300	240	330	Upgrade
Gain (Loss) on Sale of Assets	150	150	280	-	-	-	Upgrade
Asset Writedown	-	-	-	-	-	-20	Upgrade
Other Unusual Items	-	-	-	-	640	-	Upgrade
Pretax Income	20,510	19,370	17,430	16,010	15,230	13,740	Upgrade
Income Tax Expense	4,380	4,350	4,210	3,460	3,240	3,310	Upgrade
Earnings From Continuing Operations	16,130	15,020	13,220	12,550	11,990	10,430	Upgrade
Minority Interest in Earnings	-250	-210	-200	-300	-270	-220	Upgrade
Net Income	15,880	14,810	13,020	12,250	11,720	10,210	Upgrade
Net Income to Common	15,880	14,810	13,020	12,250	11,720	10,210	Upgrade
Net Income Growth	12.62%	13.75%	6.29%	4.52%	14.79%	-8.35%	Upgrade
Shares Outstanding (Basic)	1,293	1,292	1,292	1,291	1,290	1,290	Upgrade
Shares Outstanding (Diluted)	1,295	1,295	1,295	1,292	1,291	1,291	Upgrade
Shares Change (YoY)	-0.07%	-0.01%	0.26%	0.09%	-0.01%	0.10%	Upgrade
EPS (Basic)	12.28	11.46	10.08	9.49	9.08	7.92	Upgrade
EPS (Diluted)	12.26	11.43	10.05	9.49	9.08	7.91	Upgrade
EPS Growth	12.68%	13.73%	5.90%	4.52%	14.79%	-8.34%	Upgrade
Free Cash Flow	7,950	12,830	12,370	8,840	18,650	10,260	Upgrade
Free Cash Flow Per Share	6.14	9.90	9.55	6.84	14.45	7.95	Upgrade
Dividend Per Share	6.500	9.500	4.500	9.250	7.500	6.750	Upgrade
Dividend Growth	-	111.11%	-51.35%	23.33%	11.11%	42.11%	Upgrade
Gross Margin	50.66%	49.97%	44.59%	42.31%	46.36%	48.27%	Upgrade
Operating Margin	19.40%	19.38%	16.99%	16.26%	18.06%	18.22%	Upgrade
Profit Margin	15.87%	15.34%	13.33%	12.88%	14.56%	13.96%	Upgrade
Free Cash Flow Margin	7.94%	13.29%	12.67%	9.29%	23.17%	14.03%	Upgrade
EBITDA	20,540	19,770	17,670	16,430	15,515	14,300	Upgrade
EBITDA Margin	20.53%	20.48%	18.10%	17.27%	19.28%	19.55%	Upgrade
D&A For EBITDA	1,130	1,060	1,080	960	980	970	Upgrade
EBIT	19,410	18,710	16,590	15,470	14,535	13,330	Upgrade
EBIT Margin	19.40%	19.38%	16.99%	16.26%	18.06%	18.22%	Upgrade
Effective Tax Rate	21.36%	22.46%	24.15%	21.61%	21.27%	24.09%	Upgrade
Revenue as Reported	101,840	97,950	99,080	96,100	81,420	74,390	Upgrade
Advertising Expenses	-	9,520	8,420	7,960	6,980	7,330	Upgrade

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