Bharat Seats Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	19,510	12,888	10,668	10,510	8,176
Other Revenue	52.82	-	-	-	-
Revenue	19,562	12,888	10,668	10,510	8,176
Revenue Growth (YoY)	51.78%	20.81%	1.50%	28.55%	49.30%
Cost of Revenue	16,794	10,866	8,922	9,055	7,025
Gross Profit	2,768	2,022	1,747	1,456	1,151
Selling, General & Admin	655.82	532.43	453.11	408.96	356.55
Other Operating Expenses	1,068	735.48	685.68	584.72	473.29
Operating Expenses	2,077	1,530	1,379	1,164	1,006
Operating Income	691.46	492.18	367.84	291.83	145.56
Interest Expense	-101.7	-87.89	-76.82	-35.55	-38
Interest & Investment Income	-	4.02	2.64	0.52	12.89
Other Non Operating Income (Expenses)	-	30.66	42.15	39.63	38.37
EBT Excluding Unusual Items	589.76	438.96	335.81	296.44	158.81
Gain (Loss) on Sale of Assets	-	-	-	-0.13	0.34
Other Unusual Items	-13.74	-	-	-	-
Pretax Income	576.03	438.96	335.81	296.31	159.14
Income Tax Expense	153.71	111.96	85.27	80.85	40.01
Net Income	422.31	327	250.54	215.46	119.13
Net Income to Common	422.31	327	250.54	215.46	119.13
Net Income Growth	29.15%	30.52%	16.28%	80.86%	147.90%
Shares Outstanding (Basic)	63	63	63	63	63
Shares Outstanding (Diluted)	63	63	63	63	63
Shares Change (YoY)	0.07%	-	-	-	-
EPS (Basic)	6.72	5.21	3.99	3.43	1.90
EPS (Diluted)	6.72	5.21	3.99	3.43	1.90
EPS Growth	29.06%	30.52%	16.31%	81.00%	147.71%
Free Cash Flow	557.6	262.94	-165.31	-179.63	-15.9
Free Cash Flow Per Share	8.87	4.19	-2.63	-2.86	-0.25
Dividend Per Share	-	1.100	0.800	0.700	0.400
Dividend Growth	-	37.50%	14.29%	75.00%	60.00%
Gross Margin	14.15%	15.69%	16.37%	13.85%	14.08%
Operating Margin	3.54%	3.82%	3.45%	2.78%	1.78%
Profit Margin	2.16%	2.54%	2.35%	2.05%	1.46%
Free Cash Flow Margin	2.85%	2.04%	-1.55%	-1.71%	-0.19%
EBITDA	1,044	736.52	592.8	457.01	317.14
EBITDA Margin	5.34%	5.71%	5.56%	4.35%	3.88%
D&A For EBITDA	352.94	244.35	224.96	165.17	171.59
EBIT	691.46	492.18	367.84	291.83	145.56
EBIT Margin	3.54%	3.82%	3.45%	2.78%	1.78%
Effective Tax Rate	26.68%	25.50%	25.39%	27.28%	25.14%
Revenue as Reported	19,562	12,924	10,714	10,551	8,229

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