Embassy Office Parks REIT (NSE: EMBASSY)

Embassy Office Parks REIT 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
Rental Revenue	38,138	36,852	34,195	29,626	23,603	21,449
Gain (Loss) on Sale of Investments (Rev)	159.04	159.04	143.79	140.82	154.11	378.41
Other Revenue	356.64	342.08	157.53	99.8	42.55	121.3
Total Revenue	39,948	38,659	35,620	30,766	24,771	22,426
Revenue Growth (YoY	7.59%	8.53%	15.78%	24.20%	10.46%	-
Property Expenses	7,183	5,837	5,502	4,402	3,074	2,729
Selling, General & Administrative	666.19	723.99	864.08	587.82	436.74	517.15
Depreciation & Amortization	8,368	7,572	9,165	5,996	4,940	5,120
Other Operating Expenses	2,759	2,589	2,378	1,633	1,516	1,510
Total Operating Expenses	21,094	18,841	20,028	14,588	10,736	10,038
Operating Income	18,854	19,818	15,592	16,179	14,035	12,389
Interest Expense	-10,872	-10,872	-9,761	-6,259	-2,827	-3,804
Income (Loss) on Equity Investments	1,031	892.11	777.5	962.14	994.48	1,169
Other Non-Operating Income	-1,194	-	-	-	-	-
EBT Excluding Unusual Items	7,819	9,837	6,609	10,881	12,202	9,754
Impairment of Goodwill	-	-	-	-	-437.2	-1,410
Gain (Loss) on Sale of Investments	-	-	-	-	-3	-25.16
Gain (Loss) on Sale of Assets	132.85	132.85	-3.28	-15.71	-49.17	-
Asset Writedown	836.02	836.02	-	-6.11	-552.92	-377.29
Other Unusual Items	84.38	84.38	11.97	-1,897	-3,621	13.29
Pretax Income	8,872	10,891	6,618	8,962	7,539	7,955
Income Tax Expense	-13,353	1,250	1,558	78.55	555.34	300
Net Income	22,224	9,640	5,060	8,884	6,984	7,655
Net Income to Common	22,224	9,640	5,060	8,884	6,984	7,655
Net Income Growth	242.25%	90.54%	-43.05%	27.21%	-8.78%	-
Basic Shares Outstanding	948	948	948	948	820	772
Diluted Shares Outstanding	948	948	948	948	820	772
Shares Change (YoY)	-	-	-	15.65%	6.21%	4163.37%
EPS (Basic)	23.45	10.17	5.34	9.37	8.52	9.92
EPS (Diluted)	23.45	10.17	5.34	9.37	8.52	9.92
EPS Growth	242.28%	90.53%	-43.03%	9.98%	-14.11%	-
Dividend Per Share	21.850	21.330	21.710	21.760	21.480	24.390
Dividend Growth	0.09%	-1.75%	-0.23%	1.30%	-11.93%	-
Operating Margin	47.20%	51.26%	43.77%	52.58%	56.66%	55.24%
Profit Margin	55.63%	24.94%	14.20%	28.88%	28.19%	34.14%
Free Cash Flow Margin	69.16%	67.02%	72.02%	76.93%	75.51%	75.61%
EBITDA	28,858	29,030	26,507	24,137	19,733	17,650
EBITDA Margin	72.24%	75.09%	74.42%	78.45%	79.66%	78.70%
D&A For Ebitda	10,004	9,212	10,915	7,959	5,698	5,262
EBIT	18,854	19,818	15,592	16,179	14,035	12,389
EBIT Margin	47.20%	51.26%	43.77%	52.58%	56.66%	55.24%
Effective Tax Rate	-	11.48%	23.54%	0.88%	7.37%	3.77%
Revenue as Reported	40,172	38,883	35,637	30,895	24,788	22,440

Source: S&P Capital IQ. Real Estate template. Financial Sources.