V-Guard Industries Limited (BOM: 532953)

V-Guard Industries 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
Operating Revenue	52,793	48,567	41,272	35,002	27,212	25,029
Other Revenue	-	-	-	-	22.75	45.12
Revenue	52,793	48,567	41,272	35,002	27,235	25,075
Revenue Growth (YoY)	18.12%	17.67%	17.91%	28.52%	8.62%	-3.34%
Cost of Revenue	34,700	32,698	29,210	24,447	18,742	16,834
Gross Profit	18,092	15,868	12,062	10,555	8,493	8,241
Selling, General & Admin	5,867	5,449	4,089	3,430	2,663	2,816
Other Operating Expenses	7,230	6,113	4,769	3,715	2,657	2,745
Operating Expenses	13,949	12,370	9,502	7,637	5,706	5,855
Operating Income	4,143	3,498	2,560	2,919	2,787	2,386
Interest Expense	-355.3	-395.4	-161.9	-78.81	-60.99	-41.61
Interest & Investment Income	86.8	86.8	61.4	73.45	182.21	198.62
Currency Exchange Gain (Loss)	-30.2	-30.2	7.9	-	-26.16	-46.26
Other Non Operating Income (Expenses)	-92	57.9	34.8	30.38	-	-
EBT Excluding Unusual Items	3,753	3,217	2,502	2,944	2,882	2,497
Gain (Loss) on Sale of Investments	190.3	190.3	54.5	1.74	-	-
Gain (Loss) on Sale of Assets	-8.6	-8.6	-1.8	-7.14	-2.9	-7.47
Other Unusual Items	4.2	4.2	2.5	1.48	1.98	6.28
Pretax Income	3,939	3,403	2,557	2,940	2,881	2,496
Income Tax Expense	970.9	827.4	666.9	655.27	862.08	613.28
Earnings From Continuing Operations	2,968	2,576	1,891	2,284	2,019	1,883
Minority Interest in Earnings	-	-	0.7	-7.45	-10.74	-11.42
Net Income	2,968	2,576	1,891	2,277	2,008	1,871
Net Income to Common	2,968	2,576	1,891	2,277	2,008	1,871
Net Income Growth	37.91%	36.20%	-16.94%	13.38%	7.32%	11.88%
Shares Outstanding (Basic)	437	437	432	431	429	428
Shares Outstanding (Diluted)	439	438	435	434	432	432
Shares Change (YoY)	0.71%	0.76%	0.26%	0.45%	-0.05%	-0.32%
EPS (Basic)	6.78	5.89	4.38	5.29	4.68	4.38
EPS (Diluted)	6.77	5.88	4.35	5.25	4.65	4.32
EPS Growth	36.94%	35.17%	-17.14%	12.90%	7.64%	11.92%
Free Cash Flow	2,735	2,645	3,212	-1,614	1,574	557.11
Free Cash Flow Per Share	6.24	6.03	7.38	-3.72	3.64	1.29
Dividend Per Share	-	1.400	1.300	1.300	1.200	0.900
Dividend Growth	-	7.69%	0%	8.33%	33.33%	12.50%
Gross Margin	34.27%	32.67%	29.23%	30.16%	31.19%	32.87%
Operating Margin	7.85%	7.20%	6.20%	8.34%	10.23%	9.52%
Profit Margin	5.62%	5.30%	4.58%	6.51%	7.37%	7.46%
Free Cash Flow Margin	5.18%	5.45%	7.78%	-4.61%	5.78%	2.22%
EBITDA	4,726	4,038	3,006	3,289	3,074	2,631
EBITDA Margin	8.95%	8.31%	7.28%	9.40%	11.29%	10.49%
D&A For EBITDA	582.7	540	446	370.49	287.43	244.96
EBIT	4,143	3,498	2,560	2,919	2,787	2,386
EBIT Margin	7.85%	7.20%	6.20%	8.34%	10.23%	9.52%
Effective Tax Rate	24.65%	24.31%	26.08%	22.29%	29.92%	24.57%
Revenue as Reported	52,983	48,907	41,434	35,109	27,420	25,281
Advertising Expenses	-	1,269	892	571.39	282.28	568.19

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