Modi's Navnirman Limited (BOM:543539)

Modi's Navnirman Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	1,566	865.39	577.84	430.72	89.87	132.18
Other Revenue	5.37	5.37	-	7.65	-	0
Revenue	1,571	870.76	577.84	438.37	89.87	132.18
Revenue Growth (YoY)	144.97%	50.69%	31.82%	387.80%	-32.01%	-39.76%
Cost of Revenue	1,186	663.25	469.62	120.86	-8.34	105.63
Gross Profit	385.44	207.5	108.22	317.51	98.2	26.54
Selling, General & Admin	41.65	34.2	10.09	18.13	6.54	9.58
Other Operating Expenses	26.49	12.34	7.72	206.45	80.49	11.27
Operating Expenses	68.4	46.66	17.9	224.59	87.06	20.86
Operating Income	317.05	160.84	90.32	92.92	11.15	5.68
Interest Expense	-1.85	-2.21	-0.08	-16.95	-0.01	-0.63
Interest & Investment Income	6.53	6.53	0.71	1.22	0.23	0.06
Other Non Operating Income (Expenses)	-0.22	-0.22	-0.31	-0.28	-0.14	0
Pretax Income	321.5	164.94	90.64	76.91	11.23	5.11
Income Tax Expense	71.96	42.42	23.72	19.28	2.84	1.33
Net Income	249.54	122.52	66.92	57.64	8.39	3.78
Net Income to Common	249.54	122.52	66.92	57.64	8.39	3.78
Net Income Growth	230.60%	83.08%	16.10%	586.73%	121.86%	-72.94%
Shares Outstanding (Basic)	20	20	19	17	12	12
Shares Outstanding (Diluted)	20	20	19	17	12	12
Shares Change (YoY)	-1.08%	2.62%	12.83%	42.42%	-	-
EPS (Basic)	12.71	6.25	3.51	3.41	0.71	0.32
EPS (Diluted)	12.71	6.25	3.51	3.41	0.71	0.32
EPS Growth	234.20%	78.41%	2.90%	382.17%	122.51%	-73.02%
Free Cash Flow	-	-216.5	-58.85	-72.57	-160.68	-1.76
Free Cash Flow Per Share	-	-11.05	-3.08	-4.29	-13.53	-0.15
Dividend Per Share	-	-	-	1.000	-	-
Gross Margin	24.53%	23.83%	18.73%	72.43%	109.28%	20.08%
Operating Margin	20.18%	18.47%	15.63%	21.20%	12.40%	4.30%
Profit Margin	15.88%	14.07%	11.58%	13.15%	9.34%	2.86%
Free Cash Flow Margin	-	-24.86%	-10.18%	-16.55%	-178.80%	-1.33%
EBITDA	317.19	160.96	90.34	92.94	11.17	5.69
EBITDA Margin	20.19%	18.49%	15.63%	21.20%	12.43%	4.30%
D&A For EBITDA	0.15	0.12	0.01	0.01	0.03	0
EBIT	317.05	160.84	90.32	92.92	11.15	5.68
EBIT Margin	20.18%	18.47%	15.63%	21.20%	12.40%	4.30%
Effective Tax Rate	22.38%	25.72%	26.17%	25.06%	25.28%	26.03%
Revenue as Reported	1,581	885.67	579.05	439.59	90.1	132.23
Advertising Expenses	-	0.02	0.08	0.06	0.36	0.04

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