Divi's Laboratories Limited (NSE: DIVISLAB)

Divi's Laboratories 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
Operating Revenue	81,850	78,450	77,670	89,598	69,694	53,944
Other Revenue	-	-	-	0.9	0.7	0.5
Revenue	81,850	78,450	77,670	89,599	69,695	53,945
Revenue Growth (YoY)	12.27%	1.00%	-13.31%	28.56%	29.20%	9.06%
Cost of Revenue	35,170	33,520	32,740	31,605	24,718	22,456
Gross Profit	46,680	44,930	44,930	57,995	44,977	31,489
Selling, General & Admin	11,350	11,060	9,870	9,571	8,367	6,317
Other Operating Expenses	12,050	11,780	11,370	9,583	7,906	6,918
Operating Expenses	27,220	26,620	24,670	22,269	18,829	15,097
Operating Income	19,460	18,310	20,260	35,726	26,148	16,392
Interest Expense	-30	-30	-	-3.7	-3.9	-55.4
Interest & Investment Income	3,010	3,010	2,050	689.6	572.4	440.3
Currency Exchange Gain (Loss)	260	300	1,300	405.8	-43.8	821.1
Other Non Operating Income (Expenses)	40	30	40	38.1	21.2	34.9
EBT Excluding Unusual Items	22,740	21,620	23,650	36,856	26,694	17,633
Gain (Loss) on Sale of Investments	50	50	50	-	26.5	593.9
Gain (Loss) on Sale of Assets	-40	-40	-10	-20.5	-59.6	-32.5
Pretax Income	22,750	21,630	23,690	36,835	26,660	18,195
Income Tax Expense	6,010	5,630	5,450	7,231	6,818	4,429
Net Income	16,740	16,000	18,240	29,605	19,843	13,765
Net Income to Common	16,740	16,000	18,240	29,605	19,843	13,765
Net Income Growth	13.31%	-12.28%	-38.39%	49.19%	44.15%	1.76%
Shares Outstanding (Basic)	265	265	265	265	265	265
Shares Outstanding (Diluted)	265	265	265	265	265	265
Shares Change (YoY)	-0.00%	-	-	-	-	-
EPS (Basic)	63.06	60.27	68.71	111.52	74.75	51.85
EPS (Diluted)	63.06	60.27	68.69	111.52	74.75	51.85
EPS Growth	13.31%	-12.26%	-38.40%	49.19%	44.16%	1.75%
Free Cash Flow	-	2,580	19,860	11,986	10,367	327.3
Free Cash Flow Per Share	-	9.72	74.81	45.15	39.05	1.23
Dividend Per Share	-	30.000	30.000	30.000	20.000	16.000
Dividend Growth	-	0%	0%	50.00%	25.00%	0%
Gross Margin	57.03%	57.27%	57.85%	64.73%	64.53%	58.37%
Operating Margin	23.78%	23.34%	26.08%	39.87%	37.52%	30.39%
Profit Margin	20.45%	20.40%	23.48%	33.04%	28.47%	25.52%
Free Cash Flow Margin	-	3.29%	25.57%	13.38%	14.88%	0.61%
EBITDA	23,290	22,050	23,640	38,801	28,666	18,224
EBITDA Margin	28.45%	28.11%	30.44%	43.30%	41.13%	33.78%
D&A For EBITDA	3,830	3,740	3,380	3,075	2,518	1,832
EBIT	19,460	18,310	20,260	35,726	26,148	16,392
EBIT Margin	23.78%	23.34%	26.08%	39.87%	37.52%	30.39%
Effective Tax Rate	26.42%	26.03%	23.01%	19.63%	25.57%	24.34%
Revenue as Reported	85,220	81,840	81,120	90,737	70,320	55,841
Advertising Expenses	-	-	-	1.6	0.7	9.1

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