Msafe Equipments Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	713.41	433.23	269.79	155.88	55.18
Other Revenue	-	-	0.11	-	-
Revenue	713.41	433.23	269.9	155.88	55.18
Revenue Growth (YoY)	64.67%	60.52%	73.14%	182.47%	397.43%
Cost of Revenue	232.07	182.82	111.08	65.39	18.86
Gross Profit	481.34	250.41	158.81	90.49	36.33
Selling, General & Admin	115.09	146.49	89.11	48.8	24.47
Other Operating Expenses	99.38	-43.89	-27.19	-13.98	-5.2
Operating Expenses	279.16	147.85	96.68	52.05	26.44
Operating Income	202.18	102.56	62.13	38.44	9.88
Interest Expense	-26.88	-20.33	-12.53	-10.16	-5.98
Interest & Investment Income	0.2	0.09	0.03	0	-
Currency Exchange Gain (Loss)	0.19	-	-	0.02	0.2
Other Non Operating Income (Expenses)	-	5.56	-0.61	-0.09	-0.12
EBT Excluding Unusual Items	175.69	87.88	49.02	28.21	3.99
Gain (Loss) on Sale of Assets	-1.4	-	-	-	-
Pretax Income	174.29	87.88	49.02	28.21	3.99
Income Tax Expense	44.17	22.54	12.94	7.29	1.02
Net Income	130.12	65.34	36.08	20.92	2.97
Net Income to Common	130.12	65.34	36.08	20.92	2.97
Net Income Growth	99.14%	81.10%	72.50%	605.09%	864.27%
Shares Outstanding (Basic)	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16
EPS (Basic)	8.13	4.08	2.26	1.31	0.19
EPS (Diluted)	8.13	4.06	2.25	1.31	0.19
EPS Growth	100.18%	80.56%	72.11%	605.09%	865.65%
Free Cash Flow	-9.57	9.04	-	-	-
Free Cash Flow Per Share	-0.60	0.56	-	-	-
Gross Margin	67.47%	57.80%	58.84%	58.05%	65.83%
Operating Margin	28.34%	23.67%	23.02%	24.66%	17.91%
Profit Margin	18.24%	15.08%	13.37%	13.42%	5.38%
Free Cash Flow Margin	-1.34%	2.09%	-	-	-
EBITDA	264.34	147.55	92.55	55.61	17.06
EBITDA Margin	37.05%	34.06%	34.29%	35.67%	30.91%
D&A For EBITDA	62.16	44.99	30.42	17.17	7.17
EBIT	202.18	102.56	62.13	38.44	9.88
EBIT Margin	28.34%	23.67%	23.02%	24.66%	17.91%
Effective Tax Rate	25.34%	25.65%	26.40%	25.85%	25.58%
Revenue as Reported	716.22	483.37	297.12	169.89	60.59
Advertising Expenses	5.9	8.22	4.78	3.5	1.1

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