Modi's Navnirman Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Operating Revenue	700.94	577.84	430.72	89.87	132.18	219.4
Other Revenue	3.54	0.5	7.65	-	0	-
Revenue	704.48	578.33	438.37	89.87	132.18	219.4
Revenue Growth (YoY)	42.09%	31.93%	387.80%	-32.01%	-39.76%	-
Cost of Revenue	490.63	394.14	120.86	-8.34	105.63	189.28
Gross Profit	213.85	184.2	317.51	98.2	26.54	30.13
Selling, General & Admin	12.08	10.09	18.13	6.54	9.58	2.63
Other Operating Expenses	89.49	83.7	206.45	80.49	11.27	5.69
Operating Expenses	101.68	93.88	224.59	87.06	20.86	8.32
Operating Income	112.18	90.32	92.92	11.15	5.68	21.81
Interest Expense	-	-0.08	-16.95	-0.01	-0.63	-2.59
Interest & Investment Income	1.03	0.71	1.22	0.23	0.06	0.14
Other Non Operating Income (Expenses)	-0.31	-0.31	-0.28	-0.14	0	-0
Pretax Income	112.9	90.64	76.91	11.23	5.11	19.37
Income Tax Expense	28.85	23.72	19.28	2.84	1.33	5.39
Net Income	84.05	66.92	57.64	8.39	3.78	13.98
Net Income to Common	84.05	66.92	57.64	8.39	3.78	13.98
Net Income Growth	47.47%	16.10%	586.73%	121.86%	-72.94%	-
Shares Outstanding (Basic)	20	19	17	12	12	12
Shares Outstanding (Diluted)	20	19	17	12	12	12
Shares Change (YoY)	21.05%	13.57%	42.42%	-	-	-
EPS (Basic)	4.14	3.48	3.41	0.71	0.32	1.18
EPS (Diluted)	4.10	3.48	3.41	0.71	0.32	1.18
EPS Growth	21.82%	2.23%	382.17%	122.51%	-73.02%	-
Free Cash Flow	-415.19	-254.72	-72.57	-160.68	-1.76	82.85
Free Cash Flow Per Share	-20.26	-13.26	-4.29	-13.53	-0.15	6.97
Dividend Per Share	-	-	1.000	-	-	-
Gross Margin	30.36%	31.85%	72.43%	109.28%	20.08%	13.73%
Operating Margin	15.92%	15.62%	21.20%	12.40%	4.30%	9.94%
Profit Margin	11.93%	11.57%	13.15%	9.34%	2.86%	6.37%
Free Cash Flow Margin	-58.94%	-44.04%	-16.55%	-178.80%	-1.33%	37.76%
EBITDA	112.29	90.4	92.94	11.17	5.69	-
EBITDA Margin	15.94%	15.63%	21.20%	12.43%	4.30%	-
D&A For EBITDA	0.11	0.08	0.01	0.03	0	-
EBIT	112.18	90.32	92.92	11.15	5.68	21.81
EBIT Margin	15.92%	15.62%	21.20%	12.40%	4.30%	9.94%
Effective Tax Rate	25.55%	26.17%	25.06%	25.28%	26.03%	27.82%
Revenue as Reported	705.19	579.05	439.59	90.1	132.23	219.55
Advertising Expenses	-	0.08	0.06	0.36	0.04	0.03

Source: S&P Global Market Intelligence. Standard template. Financial Sources.