Gravita India Limited (BOM: 533282)

Gravita India 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	34,565	31,608	28,006	22,159	14,098	13,478
Revenue Growth (YoY)	12.30%	12.86%	26.39%	57.18%	4.60%	8.54%
Cost of Revenue	28,333	25,882	23,070	17,611	11,492	11,079
Gross Profit	6,231	5,725	4,936	4,548	2,605	2,399
Selling, General & Admin	1,620	1,436	1,459	1,124	776.8	717.27
Other Operating Expenses	987.9	964	811.1	1,292	613.7	669.03
Operating Expenses	2,959	2,780	2,509	2,621	1,594	1,568
Operating Income	3,272	2,945	2,427	1,927	1,012	831.03
Interest Expense	-398.3	-387.9	-276.8	-238.2	-260.3	-267.38
Interest & Investment Income	108.4	108.4	7.4	8.8	8.2	6.85
Earnings From Equity Investments	-	-	-	-	-0.1	-0.1
Currency Exchange Gain (Loss)	18	18	236.1	-18.4	23.4	-12.32
Other Non Operating Income (Expenses)	-68.7	-68.7	-59	-24.8	-14.9	-13.49
EBT Excluding Unusual Items	2,931	2,615	2,334	1,654	768.1	544.6
Gain (Loss) on Sale of Investments	0.8	0.8	-45	4.3	-	-
Gain (Loss) on Sale of Assets	-12.2	-12.2	-0.5	-20.2	-62.7	-25.23
Other Unusual Items	137.9	137.9	-12.8	8.1	3.6	-50.06
Pretax Income	3,058	2,742	2,276	1,646	709	469.31
Income Tax Expense	349.6	318.7	235	161.9	140.8	103.49
Earnings From Continuing Operations	2,708	2,423	2,041	1,485	568.2	365.82
Minority Interest in Earnings	-22.3	-30.9	-29.9	-90.6	-43.5	-34.02
Net Income	2,686	2,392	2,011	1,394	524.7	331.8
Net Income to Common	2,686	2,392	2,011	1,394	524.7	331.8
Net Income Growth	19.93%	18.94%	44.27%	165.66%	58.14%	114.17%
Shares Outstanding (Basic)	69	69	68	68	68	69
Shares Outstanding (Diluted)	69	69	68	68	68	69
Shares Change (YoY)	1.47%	1.37%	-	-0.51%	-1.15%	-0.17%
EPS (Basic)	39.09	34.88	29.72	20.60	7.72	4.82
EPS (Diluted)	39.09	34.88	29.72	20.60	7.72	4.82
EPS Growth	18.20%	17.35%	44.27%	166.98%	60.08%	114.22%
Free Cash Flow	111.5	-557.8	919	-631.9	552.3	189.43
Free Cash Flow Per Share	1.62	-8.13	13.58	-9.34	8.12	2.75
Dividend Per Share	-	5.200	4.350	3.000	1.100	0.700
Dividend Growth	-	19.54%	45.00%	172.73%	57.14%	133.33%
Gross Margin	18.03%	18.11%	17.62%	20.52%	18.48%	17.80%
Operating Margin	9.47%	9.32%	8.66%	8.70%	7.18%	6.17%
Profit Margin	7.77%	7.57%	7.18%	6.29%	3.72%	2.46%
Free Cash Flow Margin	0.32%	-1.76%	3.28%	-2.85%	3.92%	1.41%
EBITDA	3,618	3,319	2,658	2,113	1,190	982.74
EBITDA Margin	10.47%	10.50%	9.49%	9.53%	8.44%	7.29%
D&A For EBITDA	345.9	373.8	231.2	185.9	178.3	151.72
EBIT	3,272	2,945	2,427	1,927	1,012	831.03
EBIT Margin	9.47%	9.32%	8.66%	8.70%	7.18%	6.17%
Effective Tax Rate	11.43%	11.63%	10.33%	9.83%	19.86%	22.05%
Revenue as Reported	35,440	32,386	28,937	22,237	14,169	13,488
Advertising Expenses	-	74.5	60.4	57.8	18.9	20.27

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