Star Cement Limited (BOM: 540575)

Star Cement 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	29,575	29,107	27,048	22,218	17,199	18,431
Other Revenue	17.33	17.33	31.46	-	-	-
Revenue	29,592	29,124	27,080	22,218	17,199	18,431
Revenue Growth (YoY)	5.99%	7.55%	21.88%	29.18%	-6.69%	0.66%
Cost of Revenue	10,257	10,388	8,978	10,322	4,288	4,222
Gross Profit	19,336	18,736	18,102	11,896	12,911	14,210
Selling, General & Admin	10,606	10,131	10,376	6,420	1,570	1,619
Other Operating Expenses	3,322	3,035	3,011	2,024	8,015	8,647
Operating Expenses	16,267	14,633	14,698	9,660	10,485	11,195
Operating Income	3,069	4,103	3,404	2,236	2,426	3,014
Interest Expense	-183.52	-108.28	-78.53	-108.68	-52.08	-75.87
Interest & Investment Income	199.09	199.09	433.48	331.24	272.57	283.83
Other Non Operating Income (Expenses)	-132.55	-17.73	-18.42	-23.02	-8.83	-5.51
EBT Excluding Unusual Items	2,952	4,176	3,741	2,436	2,638	3,217
Gain (Loss) on Sale of Investments	1.15	1.15	0.68	0.78	0.65	-1.46
Gain (Loss) on Sale of Assets	11.5	11.5	0.18	-	-	-
Other Unusual Items	47.08	47.08	55.03	-	-645.74	-
Pretax Income	3,012	4,236	3,797	2,437	1,993	3,215
Income Tax Expense	1,033	1,285	1,321	-31.21	121.34	342.14
Earnings From Continuing Operations	1,978	2,951	2,476	2,468	1,871	2,873
Minority Interest in Earnings	1.19	-	-	-	-	-17.54
Net Income	1,980	2,951	2,476	2,468	1,871	2,855
Net Income to Common	1,980	2,951	2,476	2,468	1,871	2,855
Net Income Growth	-30.03%	19.19%	0.34%	31.87%	-34.47%	-4.43%
Shares Outstanding (Basic)	404	404	404	409	412	417
Shares Outstanding (Diluted)	404	404	404	409	412	417
Shares Change (YoY)	-0.11%	-	-1.08%	-0.93%	-1.02%	-0.61%
EPS (Basic)	4.90	7.30	6.13	6.04	4.54	6.85
EPS (Diluted)	4.90	7.30	6.13	6.04	4.54	6.85
EPS Growth	-29.97%	19.16%	1.43%	33.11%	-33.76%	-3.88%
Free Cash Flow	-5,485	-5,467	-2,134	2,176	2,425	2,554
Free Cash Flow Per Share	-13.58	-13.53	-5.28	5.33	5.88	6.13
Dividend Per Share	-	-	-	-	-	1.000
Gross Margin	65.34%	64.33%	66.85%	53.54%	75.07%	77.09%
Operating Margin	10.37%	14.09%	12.57%	10.06%	14.11%	16.35%
Profit Margin	6.69%	10.13%	9.14%	11.11%	10.88%	15.49%
Free Cash Flow Margin	-18.53%	-18.77%	-7.88%	9.80%	14.10%	13.86%
EBITDA	5,342	5,504	4,677	3,425	3,304	3,929
EBITDA Margin	18.05%	18.90%	17.27%	15.42%	19.21%	21.32%
D&A For EBITDA	2,273	1,401	1,273	1,189	878.12	915.02
EBIT	3,069	4,103	3,404	2,236	2,426	3,014
EBIT Margin	10.37%	14.09%	12.57%	10.06%	14.11%	16.35%
Effective Tax Rate	34.31%	30.33%	34.78%	-	6.09%	10.64%
Revenue as Reported	29,725	29,371	27,569	22,552	17,482	18,726
Advertising Expenses	-	543.3	468.27	518.21	219.3	352.94

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