Royal Ceramics Lanka PLC (COSE: RCL.N0000)

Royal Ceramics Lanka Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	60,442	61,192	63,206	54,981	44,972	31,412
Revenue Growth (YoY)	-2.59%	-3.19%	14.96%	22.25%	43.17%	-0.28%
Cost of Revenue	37,526	37,704	37,676	32,946	28,169	20,987
Gross Profit	22,916	23,488	25,530	22,034	16,803	10,425
Selling, General & Admin	12,348	12,164	11,240	8,440	7,342	6,015
Other Operating Expenses	-755.46	-385.65	-442.98	-327.49	323.01	-85.87
Operating Expenses	11,593	11,779	10,797	8,112	7,665	5,929
Operating Income	11,324	11,709	14,733	13,922	9,138	4,497
Interest Expense	-2,156	-2,524	-3,557	-771.71	-1,406	-2,280
Interest & Investment Income	321.73	359.35	1,154	493.88	83.17	30.83
Earnings From Equity Investments	2,732	2,707	2,313	2,328	1,814	1,373
Currency Exchange Gain (Loss)	-264.27	-264.27	-243.26	711.87	100.24	-
Other Non Operating Income (Expenses)	0	0	-	-	-	-
EBT Excluding Unusual Items	11,957	11,986	14,399	16,684	9,729	3,621
Gain (Loss) on Sale of Investments	-4.29	-4.29	20.71	-1.83	15.49	0.43
Gain (Loss) on Sale of Assets	31.81	31.81	5	-22	37.49	-0.64
Asset Writedown	65.79	65.79	22.27	46.57	77.67	58.74
Pretax Income	12,050	12,079	14,447	16,707	9,860	3,679
Income Tax Expense	2,980	3,023	4,229	3,076	1,309	802.72
Earnings From Continuing Operations	9,070	9,056	10,218	13,631	8,551	2,877
Earnings From Discontinued Operations	178.74	177.41	375.99	58.11	-133.31	-115.38
Net Income to Company	9,249	9,234	10,594	13,690	8,418	2,761
Minority Interest in Earnings	-2,019	-2,017	-2,847	-3,899	-2,283	-175.57
Net Income	7,229	7,216	7,747	9,790	6,135	2,586
Net Income to Common	7,229	7,216	7,747	9,790	6,135	2,586
Net Income Growth	13.55%	-6.85%	-20.87%	59.59%	137.24%	-1.74%
Shares Outstanding (Basic)	1,109	1,108	1,108	1,108	1,108	1,108
Shares Outstanding (Diluted)	1,109	1,108	1,108	1,108	1,108	1,108
Shares Change (YoY)	0.22%	-	-	-	-	-
EPS (Basic)	6.52	6.51	6.99	8.84	5.54	2.33
EPS (Diluted)	6.52	6.51	6.99	8.84	5.54	2.33
EPS Growth	13.30%	-6.85%	-20.87%	59.59%	137.24%	-1.74%
Free Cash Flow	-2,784	-2,084	-15,314	11,454	16,413	-223.04
Free Cash Flow Per Share	-2.51	-1.88	-13.82	10.34	14.81	-0.20
Dividend Per Share	2.900	2.900	2.900	3.750	2.600	-
Dividend Growth	0%	0%	-22.67%	44.23%	-	-
Gross Margin	37.91%	38.38%	40.39%	40.08%	37.36%	33.19%
Operating Margin	18.73%	19.13%	23.31%	25.32%	20.32%	14.32%
Profit Margin	11.96%	11.79%	12.26%	17.81%	13.64%	8.23%
Free Cash Flow Margin	-4.61%	-3.41%	-24.23%	20.83%	36.50%	-0.71%
EBITDA	13,550	13,828	16,772	15,889	11,029	6,317
EBITDA Margin	22.42%	22.60%	26.54%	28.90%	24.52%	20.11%
D&A For EBITDA	2,226	2,120	2,039	1,967	1,890	1,820
EBIT	11,324	11,709	14,733	13,922	9,138	4,497
EBIT Margin	18.73%	19.13%	23.31%	25.32%	20.32%	14.32%
Effective Tax Rate	24.73%	25.03%	29.27%	18.41%	13.27%	21.82%

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