Vashu Bhagnani Industries Limited (BOM:532011)

Vashu Bhagnani Industries 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	165.91	159.9	580.71	466.23	245.2	29.82
Other Revenue	2.2	2.2	-	-	-	-
Revenue	168.11	162.11	580.71	466.23	245.2	29.82
Revenue Growth (YoY)	-11.65%	-72.08%	24.56%	90.14%	722.27%	-93.27%
Cost of Revenue	93.76	67.36	441.13	402.23	196.11	-
Gross Profit	74.35	94.75	139.58	64	49.09	29.82
Selling, General & Admin	10.07	18.66	17.56	16.05	14.17	13.13
Other Operating Expenses	9.77	13.06	5.14	11.2	3.32	9.5
Operating Expenses	20.3	32.22	22.96	27.37	17.6	22.75
Operating Income	54.05	62.53	116.62	36.63	31.49	7.07
Interest Expense	-	-4.66	-7.38	-5.52	-3.22	-0.66
Interest & Investment Income	3.24	0.39	0.05	0.04	0.47	0.17
Currency Exchange Gain (Loss)	-0.26	-0.26	-0.08	-0.65	0.11	-
Other Non Operating Income (Expenses)	-0.15	3.32	2.63	-0	0.16	0
EBT Excluding Unusual Items	56.89	61.32	111.85	30.51	29.02	6.58
Pretax Income	56.89	61.32	111.85	30.51	29.02	6.58
Income Tax Expense	-6.35	-1.16	30.96	1.83	1.04	0.38
Earnings From Continuing Operations	63.24	62.48	80.89	28.68	27.98	6.21
Minority Interest in Earnings	-0.6	-0.19	-	-	-	-
Net Income	62.64	62.28	80.89	28.68	27.98	6.21
Net Income to Common	62.64	62.28	80.89	28.68	27.98	6.21
Net Income Growth	-43.07%	-23.00%	182.09%	2.50%	350.73%	-97.54%
Shares Outstanding (Basic)	73	74	74	35	32	32
Shares Outstanding (Diluted)	73	74	74	35	32	32
Shares Change (YoY)	104.30%	-	110.27%	10.31%	-	-
EPS (Basic)	0.85	0.85	1.10	0.82	0.88	0.20
EPS (Diluted)	0.85	0.85	1.10	0.82	0.88	0.20
EPS Growth	-72.13%	-23.00%	34.16%	-7.08%	350.73%	-97.54%
Free Cash Flow	-	-731.66	-383.07	-32.83	-53.96	-25.76
Free Cash Flow Per Share	-	-9.94	-5.21	-0.94	-1.70	-0.81
Gross Margin	44.23%	58.45%	24.04%	13.73%	20.02%	100.00%
Operating Margin	32.15%	38.57%	20.08%	7.86%	12.84%	23.72%
Profit Margin	37.26%	38.42%	13.93%	6.15%	11.41%	20.82%
Free Cash Flow Margin	-	-451.35%	-65.96%	-7.04%	-22.00%	-86.38%
EBITDA	54.73	63.03	116.88	36.75	31.6	7.19
EBITDA Margin	32.56%	38.88%	20.13%	7.88%	12.89%	24.09%
D&A For EBITDA	0.68	0.5	0.26	0.12	0.11	0.11
EBIT	54.05	62.53	116.62	36.63	31.49	7.07
EBIT Margin	32.15%	38.57%	20.08%	7.86%	12.84%	23.72%
Effective Tax Rate	-	-	27.68%	6.00%	3.59%	5.71%
Revenue as Reported	168.34	165.82	583.39	466.27	245.95	29.99
Advertising Expenses	-	0.17	0.21	0.14	0.15	0.02

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.