Amara Raja Energy & Mobility Limited (NSE: ARE&M)

ARE_M Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	124,662	117,084	103,920	86,972	71,498	68,392
Revenue	124,662	117,084	103,920	86,972	71,498	68,392
Revenue Growth (YoY)	15.19%	12.67%	19.49%	21.64%	4.54%	0.68%
Cost of Revenue	83,981	78,947	70,334	61,439	47,609	44,621
Gross Profit	40,681	38,137	33,586	25,533	23,888	23,771
Selling, General & Admin	8,564	8,121	6,949	5,399	4,552	4,187
Other Operating Expenses	14,705	13,375	12,140	9,789	8,155	8,586
Operating Expenses	28,241	26,355	23,617	19,181	15,914	15,793
Operating Income	12,440	11,782	9,969	6,352	7,974	7,978
Interest Expense	-216.9	-144.2	-150.4	-59.8	-34.4	-38.8
Interest & Investment Income	108.5	108.5	111.7	46	63.1	91.8
Currency Exchange Gain (Loss)	295.7	295.7	407.8	335.6	229.4	133.7
Other Non Operating Income (Expenses)	87.1	66.2	99.7	94.8	214.5	40.6
EBT Excluding Unusual Items	12,714	12,108	10,438	6,769	8,447	8,205
Gain (Loss) on Sale of Investments	288	288	147.1	118.3	164.1	187.5
Gain (Loss) on Sale of Assets	-38.4	-38.4	-150.1	-69.6	-9.1	7.1
Other Unusual Items	144.7	144.7	-468.5	93.9	131.6	6.7
Pretax Income	13,109	12,502	9,967	6,911	8,734	8,407
Income Tax Expense	3,285	3,158	2,658	1,786	2,265	1,799
Net Income	9,824	9,344	7,308	5,126	6,468	6,608
Net Income to Common	9,824	9,344	7,308	5,126	6,468	6,608
Net Income Growth	25.99%	27.85%	42.58%	-20.76%	-2.11%	36.75%
Shares Outstanding (Basic)	183	183	183	171	171	171
Shares Outstanding (Diluted)	183	183	183	171	171	171
Shares Change (YoY)	7.16%	-	7.15%	-	-	-
EPS (Basic)	53.67	51.05	39.93	30.01	37.87	38.69
EPS (Diluted)	53.67	51.05	39.93	30.01	37.87	38.69
EPS Growth	17.57%	27.85%	33.07%	-20.76%	-2.11%	36.75%
Free Cash Flow	2,668	3,946	4,339	-1,277	3,056	4,752
Free Cash Flow Per Share	14.58	21.56	23.71	-7.47	17.89	27.82
Dividend Per Share	10.400	9.900	6.100	4.500	11.000	11.000
Dividend Growth	30.00%	62.30%	35.56%	-59.09%	0%	55.37%
Gross Margin	32.63%	32.57%	32.32%	29.36%	33.41%	34.76%
Operating Margin	9.98%	10.06%	9.59%	7.30%	11.15%	11.67%
Profit Margin	7.88%	7.98%	7.03%	5.89%	9.05%	9.66%
Free Cash Flow Margin	2.14%	3.37%	4.18%	-1.47%	4.27%	6.95%
EBITDA	16,902	16,130	14,012	9,957	10,892	10,778
EBITDA Margin	13.56%	13.78%	13.48%	11.45%	15.23%	15.76%
D&A For EBITDA	4,462	4,348	4,043	3,605	2,918	2,800
EBIT	12,440	11,782	9,969	6,352	7,974	7,978
EBIT Margin	9.98%	10.06%	9.59%	7.30%	11.15%	11.67%
Effective Tax Rate	25.06%	25.26%	26.67%	25.83%	25.94%	21.39%
Revenue as Reported	125,787	118,189	104,844	87,751	72,371	68,942
Advertising Expenses	-	728.6	394.3	383.4	270.2	309.2

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