HOV Services Limited (BOM:532761)

HOV Services Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	224.68	161.24	120.55	100.58	96.55
Revenue Growth (YoY)	39.35%	33.75%	19.86%	4.17%	-12.00%
Cost of Revenue	171.42	122.43	85.62	67.18	63.02
Gross Profit	53.26	38.81	34.93	33.4	33.53
Selling, General & Admin	-	0.19	0.24	0.21	0.25
Other Operating Expenses	-6.41	1.94	0.09	-0.22	-6.77
Operating Expenses	3.59	8.44	6.37	6.23	-0.29
Operating Income	49.68	30.37	28.56	27.18	33.81
Interest Expense	-1.72	-1.29	-1.6	-0.91	-1.18
Interest & Investment Income	-	6.47	22.12	3.66	2.98
Currency Exchange Gain (Loss)	-	0.98	4.9	1.55	-1.31
Other Non Operating Income (Expenses)	-	-	-0.16	-1.37	-2.87
EBT Excluding Unusual Items	47.96	36.54	53.83	30.1	31.44
Gain (Loss) on Sale of Assets	-	0.03	-	-	0.01
Asset Writedown	-	-	0.69	-	-
Pretax Income	47.96	36.56	54.51	30.1	31.45
Income Tax Expense	5.72	10.08	9.68	8.68	7.5
Earnings From Continuing Operations	42.23	26.49	44.83	21.42	23.94
Earnings From Discontinued Operations	-0.06	0.38	0.86	0.07	1.78
Net Income to Company	42.17	26.86	45.69	21.49	25.72
Net Income	42.17	26.86	45.69	21.49	25.72
Net Income to Common	42.17	26.86	45.69	21.49	25.72
Net Income Growth	56.99%	-41.21%	112.62%	-16.46%	283.71%
Shares Outstanding (Basic)	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13
Shares Change (YoY)	-0.05%	-	0.04%	-0.01%	0.02%
EPS (Basic)	3.35	2.13	3.63	1.71	2.04
EPS (Diluted)	3.35	2.13	3.63	1.71	2.04
EPS Growth	57.07%	-41.21%	112.54%	-16.39%	284.48%
Free Cash Flow	-12.82	-16.03	16.6	-0.93	16
Free Cash Flow Per Share	-1.02	-1.27	1.32	-0.07	1.27
Gross Margin	23.71%	24.07%	28.98%	33.21%	34.73%
Operating Margin	22.11%	18.84%	23.69%	27.02%	35.02%
Profit Margin	18.77%	16.66%	37.90%	21.37%	26.64%
Free Cash Flow Margin	-5.71%	-9.94%	13.77%	-0.92%	16.57%
EBITDA	61.56	34.44	31.64	30.02	36.74
EBITDA Margin	27.40%	21.36%	26.24%	29.84%	38.05%
D&A For EBITDA	11.88	4.07	3.08	2.84	2.93
EBIT	49.68	30.37	28.56	27.18	33.81
EBIT Margin	22.11%	18.84%	23.69%	27.02%	35.02%
Effective Tax Rate	11.94%	27.56%	17.76%	28.85%	23.86%
Revenue as Reported	247.51	178.48	158.69	114.01	111.98
Advertising Expenses	-	0.19	0.24	0.21	0.25

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