ABB India Limited (NSE: ABB)

ABB India Income Statement

Financials in millions INR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	115,688	104,465	85,675	69,340	58,210	73,151
Other Revenue	120.4	-	-	-	-	-
Revenue	115,809	104,465	85,675	69,340	58,210	73,151
Revenue Growth (YoY)	14.48%	21.93%	23.56%	19.12%	-20.43%	9.17%
Cost of Revenue	68,728	66,455	55,900	46,619	38,991	48,899
Gross Profit	47,080	38,010	29,775	22,721	19,219	24,252
Selling, General & Admin	8,155	7,222	6,457	6,096	5,708	6,110
Other Operating Expenses	17,833	15,450	13,175	11,041	10,665	12,409
Operating Expenses	27,270	23,871	20,680	18,164	17,576	19,423
Operating Income	19,810	14,139	9,096	4,558	1,643	4,829
Interest Expense	-190.9	-122.7	-112.8	-91	-101.8	-103.3
Interest & Investment Income	2,770	2,770	1,268	686.2	677.2	783.6
Currency Exchange Gain (Loss)	-371	-371	-488.3	405.7	47.6	-421.2
Other Non Operating Income (Expenses)	669.5	242.7	508.7	488.3	312.1	-27.2
EBT Excluding Unusual Items	22,688	16,659	10,271	6,047	2,578	5,061
Merger & Restructuring Charges	-	-	-	-	-135	-
Gain (Loss) on Sale of Assets	-69.7	-69.7	-35.5	-17.7	12.5	76.4
Asset Writedown	-	-	-	-	-	-697
Other Unusual Items	-	-	3,393	1,213	587.9	-
Pretax Income	22,619	16,589	13,628	7,243	3,044	4,440
Income Tax Expense	5,740	4,107	3,372	1,918	739.3	1,418
Earnings From Continuing Operations	16,879	12,482	10,256	5,325	2,304	3,022
Earnings From Discontinued Operations	-60.1	-61.3	-93.8	-127.8	-112.2	11.7
Net Income	16,819	12,421	10,162	5,197	2,192	3,034
Net Income to Common	16,819	12,421	10,162	5,197	2,192	3,034
Net Income Growth	39.15%	22.22%	95.54%	137.07%	-27.75%	-40.61%
Shares Outstanding (Basic)	212	212	212	212	212	212
Shares Outstanding (Diluted)	212	212	212	212	212	212
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	79.37	58.61	47.96	24.53	10.35	14.32
EPS (Diluted)	79.37	58.61	47.96	24.53	10.34	14.32
EPS Growth	39.16%	22.22%	95.54%	137.18%	-27.77%	-40.62%
Free Cash Flow	-	11,684	5,740	4,779	1,968	5,230
Free Cash Flow Per Share	-	55.14	27.09	22.55	9.29	24.68
Dividend Per Share	34.460	23.800	5.500	5.200	5.000	4.800
Dividend Growth	-	332.73%	5.77%	4.00%	4.17%	0%
Gross Margin	40.65%	36.39%	34.75%	32.77%	33.02%	33.15%
Operating Margin	17.11%	13.53%	10.62%	6.57%	2.82%	6.60%
Profit Margin	14.52%	11.89%	11.86%	7.50%	3.77%	4.15%
Free Cash Flow Margin	-	11.18%	6.70%	6.89%	3.38%	7.15%
EBITDA	20,814	15,077	9,945	5,363	2,592	5,716
EBITDA Margin	17.97%	14.43%	11.61%	7.73%	4.45%	7.81%
D&A For EBITDA	1,004	937.5	849.2	804.7	948.3	886.8
EBIT	19,810	14,139	9,096	4,558	1,643	4,829
EBIT Margin	17.11%	13.53%	10.62%	6.57%	2.82%	6.60%
Effective Tax Rate	25.38%	24.76%	24.74%	26.48%	24.29%	31.93%
Revenue as Reported	119,252	107,482	87,470	70,936	59,326	74,094

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