IRB Infrastructure Developers Limited (BOM: 532947)

IRB Infrastructure Developers 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	75,123	74,090	64,016	58,037	52,986	68,522
Revenue Growth (YoY)	15.34%	15.74%	10.30%	9.53%	-22.67%	2.16%
Cost of Revenue	32,786	33,030	24,993	23,802	21,593	32,448
Gross Profit	42,337	41,060	39,023	34,235	31,394	36,074
Selling, General & Admin	4,434	4,269	3,739	3,128	2,992	3,089
Other Operating Expenses	3,634	3,473	2,975	3,132	3,274	3,271
Operating Expenses	18,186	17,692	15,036	13,088	12,083	11,043
Operating Income	24,151	23,368	23,988	21,147	19,311	25,031
Interest Expense	-18,037	-17,468	-14,433	-18,055	-16,301	-15,155
Interest & Investment Income	2,703	2,703	2,038	2,940	1,590	1,813
Earnings From Equity Investments	-3,232	-3,149	-1,070	-2,262	-1,658	-158.42
Other Non Operating Income (Expenses)	3,862	3,862	-30	1,556	-438.99	-429.97
EBT Excluding Unusual Items	9,447	9,316	10,493	5,327	2,503	11,101
Gain (Loss) on Sale of Investments	189.38	189.38	151.81	157.79	108.39	67.54
Gain (Loss) on Sale of Assets	8.57	8.57	125.19	11.52	4.35	10.34
Other Unusual Items	-	-	-	-	-	573.87
Pretax Income	9,645	9,514	10,770	5,496	2,616	11,752
Income Tax Expense	3,484	3,456	3,569	1,882	1,445	4,544
Earnings From Continuing Operations	6,162	6,058	7,200	3,614	1,171	7,209
Net Income	6,162	6,058	7,200	3,614	1,171	7,209
Net Income to Common	6,162	6,058	7,200	3,614	1,171	7,209
Net Income Growth	22.98%	-15.86%	99.23%	208.49%	-83.75%	-15.19%
Shares Outstanding (Basic)	6,017	6,039	6,039	4,158	3,515	3,515
Shares Outstanding (Diluted)	6,017	6,039	6,039	4,158	3,515	3,515
Shares Change (YoY)	-0.19%	-	45.25%	18.30%	-	-
EPS (Basic)	1.02	1.00	1.19	0.87	0.33	2.05
EPS (Diluted)	1.02	1.00	1.19	0.87	0.33	2.05
EPS Growth	23.16%	-15.97%	36.90%	161.03%	-83.76%	-15.18%
Free Cash Flow	28,314	40,247	17,146	1,168	8,515	36,888
Free Cash Flow Per Share	4.71	6.66	2.84	0.28	2.42	10.50
Dividend Per Share	0.400	0.300	0.200	-	0.500	0.500
Dividend Growth	128.57%	50.00%	-	-	0%	100.00%
Gross Margin	56.36%	55.42%	60.96%	58.99%	59.25%	52.65%
Operating Margin	32.15%	31.54%	37.47%	36.44%	36.44%	36.53%
Profit Margin	8.20%	8.18%	11.25%	6.23%	2.21%	10.52%
Free Cash Flow Margin	37.69%	54.32%	26.78%	2.01%	16.07%	53.83%
EBITDA	34,229	33,278	32,269	27,943	25,097	29,673
EBITDA Margin	45.56%	44.92%	50.41%	48.15%	47.36%	43.30%
D&A For EBITDA	10,078	9,910	8,282	6,796	5,786	4,642
EBIT	24,151	23,368	23,988	21,147	19,311	25,031
EBIT Margin	32.15%	31.54%	37.47%	36.44%	36.44%	36.53%
Effective Tax Rate	36.12%	36.33%	33.14%	34.25%	55.22%	38.66%
Revenue as Reported	83,051	82,018	67,033	63,554	54,875	70,472
Advertising Expenses	-	125.79	69.77	56.9	165.66	22.85

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