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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	86,140	78,450	77,670	89,598	69,694	53,944
Other Revenue	-	-	-	0.9	0.7	0.5
Revenue	86,140	78,450	77,670	89,599	69,695	53,945
Revenue Growth (YoY)	17.27%	1.00%	-13.31%	28.56%	29.20%	9.06%
Cost of Revenue	36,760	33,520	32,740	31,605	24,718	22,456
Gross Profit	49,380	44,930	44,930	57,995	44,977	31,489
Selling, General & Admin	11,730	11,060	9,870	9,571	8,367	6,317
Other Operating Expenses	12,000	11,780	11,370	9,583	7,906	6,918
Operating Expenses	27,590	26,620	24,670	22,269	18,829	15,097
Operating Income	21,790	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)	440	300	1,300	405.8	-43.8	821.1
Other Non Operating Income (Expenses)	60	30	40	38.1	21.2	34.9
EBT Excluding Unusual Items	25,270	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	25,280	21,630	23,690	36,835	26,660	18,195
Income Tax Expense	6,920	5,630	5,450	7,231	6,818	4,429
Net Income	18,360	16,000	18,240	29,605	19,843	13,765
Net Income to Common	18,360	16,000	18,240	29,605	19,843	13,765
Net Income Growth	37.90%	-12.28%	-38.39%	49.19%	44.15%	1.76%
Shares Outstanding (Basic)	266	265	265	265	265	265
Shares Outstanding (Diluted)	266	265	265	265	265	265
Shares Change (YoY)	0.03%	-	-	-	-	-
EPS (Basic)	69.15	60.27	68.71	111.52	74.75	51.85
EPS (Diluted)	69.15	60.27	68.69	111.52	74.75	51.85
EPS Growth	37.86%	-12.26%	-38.40%	49.19%	44.16%	1.75%
Free Cash Flow	4,750	2,580	19,860	11,986	10,367	327.3
Free Cash Flow Per Share	17.89	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	57.33%	57.27%	57.85%	64.73%	64.53%	58.37%
Operating Margin	25.30%	23.34%	26.08%	39.87%	37.52%	30.39%
Profit Margin	21.31%	20.40%	23.48%	33.04%	28.47%	25.52%
Free Cash Flow Margin	5.51%	3.29%	25.57%	13.38%	14.88%	0.61%
EBITDA	25,610	22,050	23,640	38,801	28,666	18,224
EBITDA Margin	29.73%	28.11%	30.44%	43.30%	41.13%	33.78%
D&A For EBITDA	3,820	3,740	3,380	3,075	2,518	1,832
EBIT	21,790	18,310	20,260	35,726	26,148	16,392
EBIT Margin	25.30%	23.34%	26.08%	39.87%	37.52%	30.39%
Effective Tax Rate	27.37%	26.03%	23.01%	19.63%	25.57%	24.34%
Revenue as Reported	89,700	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.