Emami Paper Mills Limited (NSE:EMAMIPAP)

Emami Paper Mills Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	18,396	19,280	19,938	23,809	19,577	12,163
Revenue	18,396	19,280	19,938	23,809	19,577	12,163
Revenue Growth (YoY)	-7.95%	-3.30%	-16.25%	21.62%	60.96%	-19.73%
Cost of Revenue	14,084	14,859	14,750	18,534	13,892	8,705
Gross Profit	4,312	4,421	5,188	5,275	5,685	3,458
Selling, General & Admin	914.2	897.6	834.6	813.3	796	646.9
Other Operating Expenses	2,034	2,093	1,985	2,113	1,684	1,032
Operating Expenses	3,477	3,507	3,343	3,602	3,219	2,399
Operating Income	835.4	914	1,846	1,672	2,466	1,059
Interest Expense	-612	-556	-612.9	-548.3	-731.7	-912.7
Interest & Investment Income	10.7	10.7	17	9.2	11	13.2
Currency Exchange Gain (Loss)	-28.7	-28.7	-23	-167.8	-64.6	161.1
Other Non Operating Income (Expenses)	23.1	-29.8	-34.3	-45.1	-89.5	-35.4
EBT Excluding Unusual Items	228.5	310.2	1,192	920.4	1,591	285.2
Gain (Loss) on Sale of Investments	-	-	-	0.1	-	-
Gain (Loss) on Sale of Assets	13	13	2.6	1.2	-0.8	-7.8
Asset Writedown	-	-	-80	-	-59.4	-
Other Unusual Items	-	-	-	-	-	724.6
Pretax Income	252.2	333.9	1,122	931	1,534	1,026
Income Tax Expense	67.1	73.8	278.5	239.3	385.9	515.6
Net Income	185.1	260.1	843	691.7	1,148	510.6
Preferred Dividends & Other Adjustments	49	49	49	49	49	0.8
Net Income to Common	136.1	211.1	794	642.7	1,099	509.8
Net Income Growth	-78.71%	-69.15%	21.87%	-39.75%	124.83%	-
Shares Outstanding (Basic)	61	61	61	61	61	61
Shares Outstanding (Diluted)	71	73	79	79	79	61
Shares Change (YoY)	-10.05%	-7.56%	-	-	30.59%	0.50%
EPS (Basic)	2.24	3.49	13.12	10.62	18.17	8.43
EPS (Diluted)	2.24	3.33	10.62	8.71	14.46	8.40
EPS Growth	-79.51%	-68.68%	21.87%	-39.75%	72.20%	-
Free Cash Flow	1,195	232.8	3,315	63.1	2,938	2,365
Free Cash Flow Per Share	16.72	3.17	41.75	0.80	37.00	38.90
Dividend Per Share	-	1.600	1.600	1.600	1.600	-
Gross Margin	23.44%	22.93%	26.02%	22.16%	29.04%	28.43%
Operating Margin	4.54%	4.74%	9.26%	7.02%	12.60%	8.71%
Profit Margin	0.74%	1.09%	3.98%	2.70%	5.61%	4.19%
Free Cash Flow Margin	6.50%	1.21%	16.63%	0.27%	15.01%	19.45%
EBITDA	1,350	1,416	2,354	2,348	3,202	1,774
EBITDA Margin	7.34%	7.35%	11.80%	9.86%	16.35%	14.59%
D&A For EBITDA	514.2	502.4	508.2	675.7	735.8	715.2
EBIT	835.4	914	1,846	1,672	2,466	1,059
EBIT Margin	4.54%	4.74%	9.26%	7.02%	12.60%	8.71%
Effective Tax Rate	26.61%	22.10%	24.83%	25.70%	25.16%	50.24%
Revenue as Reported	18,494	19,325	19,972	23,833	19,598	12,366

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