Edelweiss Financial Services Limited (BOM: 532922)

Edelweiss Financial Services 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
Interest and Dividend Income	28,566	28,848	29,778	30,711	41,313	61,540
Total Interest Expense	28,183	27,865	25,746	29,841	38,340	47,930
Net Interest Income	383.27	982.57	4,032	870.17	2,973	13,610
Brokerage Commission	11,480	12,270	12,443	14,438	16,239	20,287
Gain on Sale of Investments (Rev)	19,564	19,564	12,327	-	-	-
Other Revenue	45,433	34,180	30,052	22,792	35,467	12,557
Revenue Before Loan Losses	76,859	66,996	58,854	38,101	54,679	46,453
Provision for Loan Losses	8,887	7,558	12,180	-31.28	19,453	35,088
Revenue	67,973	59,438	46,674	38,132	35,226	11,365
Revenue Growth (YoY)	26.55%	27.35%	22.40%	8.25%	209.95%	-81.55%
Salaries & Employee Benefits	14,210	12,101	10,652	10,643	16,159	14,073
Cost of Services Provided	31,288	28,108	19,684	18,927	17,472	9,594
Other Operating Expenses	14,871	14,691	13,648	10,072	10,945	10,308
Total Operating Expenses	61,653	56,095	45,459	41,109	46,963	36,084
Operating Income	6,319	3,343	1,215	-2,977	-11,736	-24,719
Other Non-Operating Income (Expenses)	980.35	1,020	755.55	859.5	922.63	893.15
EBT Excluding Unusual Items	7,300	4,363	3,288	-1,151	-10,820	-23,826
Asset Writedown	-2.76	-2.76	136.5	50.08	-348.69	-323.03
Gain (Loss) on Sale of Investments	18.22	18.22	-333.97	327.26	-1,146	-417.56
Pretax Income	7,311	4,374	3,847	2,274	1,456	-24,567
Income Tax Expense	1,534	-906.47	-208.32	153.06	-1,083	-4,129
Earnings From Continuing Ops.	5,777	5,280	4,056	2,121	2,539	-20,438
Minority Interest in Earnings	-1,144	-1,073	-613.94	-232.9	114.16	-14.73
Net Income	4,633	4,207	3,442	1,888	2,653	-20,452
Net Income to Common	4,633	4,207	3,442	1,888	2,653	-20,452
Net Income Growth	22.88%	22.24%	82.31%	-28.85%	-	-
Shares Outstanding (Basic)	793	899	898	894	890	889
Shares Outstanding (Diluted)	796	901	898	895	894	889
Shares Change (YoY)	-11.23%	0.29%	0.40%	0.11%	0.57%	-0.96%
EPS (Basic)	5.85	4.68	3.83	2.11	2.98	-23.01
EPS (Diluted)	5.83	4.68	3.83	2.11	2.97	-23.01
EPS Growth	38.75%	22.19%	81.52%	-28.96%	-	-
Free Cash Flow	22,627	28,060	28,088	54,894	33,888	119,773
Free Cash Flow Per Share	28.42	31.14	31.27	61.35	37.92	134.77
Dividend Per Share	-	1.500	1.500	1.450	1.450	-
Dividend Growth	-	0%	3.45%	0%	-	-
Operating Margin	9.30%	5.62%	2.60%	-7.81%	-33.32%	-217.50%
Profit Margin	6.82%	7.08%	7.37%	4.95%	7.53%	-179.96%
Free Cash Flow Margin	33.29%	47.21%	60.18%	143.96%	96.20%	1053.86%
Effective Tax Rate	20.98%	-	-	6.73%	-	-
Revenue as Reported	106,200	96,016	86,326	72,126	108,378	96,026

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