Dalmia Bharat Limited (NSE: DALBHARAT)

Dalmia Bharat 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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	146,850	146,910	135,520	112,860	101,100	96,740
Revenue Growth (YoY)	5.94%	8.40%	20.08%	11.63%	4.51%	2.00%
Cost of Revenue	60,780	61,840	60,010	43,240	34,140	37,540
Gross Profit	86,070	85,070	75,510	69,620	66,960	59,200
Selling, General & Admin	43,380	43,110	38,060	32,760	28,570	27,880
Other Operating Expenses	15,880	15,710	14,290	12,530	10,710	10,260
Operating Expenses	71,390	71,770	63,370	55,610	49,750	49,400
Operating Income	14,680	13,300	12,140	14,010	17,210	9,800
Interest Expense	-3,830	-3,710	-2,160	-1,790	-3,140	-4,120
Interest & Investment Income	1,940	1,940	740	870	1,300	1,230
Earnings From Equity Investments	-	-	5,540	50	-10	70
Currency Exchange Gain (Loss)	-20	-20	-10	-30	230	-230
Other Non Operating Income (Expenses)	210	250	40	-30	-10	-20
EBT Excluding Unusual Items	12,980	11,760	16,290	13,080	15,580	6,730
Impairment of Goodwill	-2,030	-2,030	-2,030	-2,190	-2,090	-4,020
Gain (Loss) on Sale of Investments	820	820	320	400	440	590
Gain (Loss) on Sale of Assets	140	140	30	60	40	10
Other Unusual Items	-1,120	10	-1,360	170	-340	260
Pretax Income	10,790	10,700	13,250	11,520	13,630	3,570
Income Tax Expense	2,240	2,160	2,420	3,150	1,780	1,190
Earnings From Continuing Operations	8,550	8,540	10,830	8,370	11,850	2,380
Earnings From Discontinued Operations	-10	-10	-40	80	-20	-
Net Income to Company	8,540	8,530	10,790	8,450	11,830	2,380
Minority Interest in Earnings	-170	-270	-440	-290	-120	-140
Net Income	8,370	8,260	10,350	8,160	11,710	2,240
Net Income to Common	8,370	8,260	10,350	8,160	11,710	2,240
Net Income Growth	-13.62%	-20.19%	26.84%	-30.32%	422.77%	-27.27%
Shares Outstanding (Basic)	188	188	187	187	188	193
Shares Outstanding (Diluted)	188	188	188	187	188	193
Shares Change (YoY)	0.22%	0.01%	0.09%	-0.23%	-2.86%	0.14%
EPS (Basic)	44.58	44.05	55.22	43.60	62.45	11.61
EPS (Diluted)	44.58	44.05	55.20	43.53	62.35	11.58
EPS Growth	-13.81%	-20.20%	26.81%	-30.19%	438.46%	-27.40%
Free Cash Flow	-	-1,920	-4,570	1,630	25,690	9,900
Free Cash Flow Per Share	-	-10.24	-24.37	8.70	136.80	51.21
Dividend Per Share	-	9.000	9.000	9.000	1.330	2.000
Dividend Growth	-	0%	0%	576.69%	-33.50%	0%
Gross Margin	58.61%	57.91%	55.72%	61.69%	66.23%	61.19%
Operating Margin	10.00%	9.05%	8.96%	12.41%	17.02%	10.13%
Profit Margin	5.70%	5.62%	7.64%	7.23%	11.58%	2.32%
Free Cash Flow Margin	-	-1.31%	-3.37%	1.44%	25.41%	10.23%
EBITDA	29,500	27,680	24,760	25,920	29,180	24,570
EBITDA Margin	20.09%	18.84%	18.27%	22.97%	28.86%	25.40%
D&A For EBITDA	14,820	14,380	12,620	11,910	11,970	14,770
EBIT	14,680	13,300	12,140	14,010	17,210	9,800
EBIT Margin	10.00%	9.05%	8.96%	12.41%	17.02%	10.13%
Effective Tax Rate	20.76%	20.19%	18.26%	27.34%	13.06%	33.33%
Revenue as Reported	149,960	150,060	136,780	114,460	102,910	98,910
Advertising Expenses	-	1,850	1,890	1,460	1,100	1,980

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