Indef Manufacturing Limited (NSE:BAJAJINDEF)

Indef Manufacturing Income Statement

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

Fiscal Year	TTM	FY 2025
Period Ending	Dec 31, 2025	Mar 31, 2025
Revenue	1,926	1,786
Cost of Revenue	1,030	952.31
Gross Profit	896.4	833.97
Selling, General & Admin	314.77	274.28
Other Operating Expenses	333.07	253.11
Operating Expenses	702.77	579.1
Operating Income	193.63	254.87
Interest Expense	-3.88	-4.25
Interest & Investment Income	19.93	19.93
Currency Exchange Gain (Loss)	3.46	3.46
Other Non Operating Income (Expenses)	-0.35	0.62
EBT Excluding Unusual Items	212.8	274.64
Gain (Loss) on Sale of Investments	145.07	145.07
Gain (Loss) on Sale of Assets	0.03	0.03
Asset Writedown	-0.79	-0.79
Other Unusual Items	-3.33	0.56
Pretax Income	353.78	419.51
Income Tax Expense	85.52	77.9
Net Income	269.35	341.6
Net Income to Common	269.35	341.6
Shares Outstanding (Basic)	32	32
Shares Outstanding (Diluted)	32	32
EPS (Basic)	8.41	10.68
EPS (Diluted)	8.41	10.68
Free Cash Flow	-	-39.71
Free Cash Flow Per Share	-	-1.24
Dividend Per Share	-	2.000
Gross Margin	46.53%	46.69%
Operating Margin	10.05%	14.27%
Profit Margin	13.98%	19.12%
Free Cash Flow Margin	-	-2.22%
EBITDA	227.42	288.1
EBITDA Margin	11.81%	16.13%
D&A For EBITDA	33.79	33.23
EBIT	193.63	254.87
EBIT Margin	10.05%	14.27%
Effective Tax Rate	24.17%	18.57%
Revenue as Reported	2,095	1,956
Advertising Expenses	-	32.72

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