Forge Auto International Limited (NSE:FORGEAUTO)

Forge Auto International Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	1,801	1,766	1,329	1,095
Other Revenue	0.93	0.76	0.37	0.57
Revenue	1,802	1,767	1,329	1,096
Revenue Growth (YoY)	1.97%	32.96%	21.30%	-
Cost of Revenue	1,020	1,087	812.71	674.04
Gross Profit	782.39	680.62	516.44	421.72
Selling, General & Admin	114.42	83.51	62.28	45.11
Other Operating Expenses	516.55	476.3	340.19	316.75
Operating Expenses	656.7	580.48	451.8	375.46
Operating Income	125.69	100.14	64.64	46.26
Interest Expense	-36.25	-32.85	-27.63	-24.53
Interest & Investment Income	0.82	0.48	0.23	0.23
Currency Exchange Gain (Loss)	1.99	1.81	0.44	0.55
Other Non Operating Income (Expenses)	-4.27	-0.28	-0.23	-0.21
EBT Excluding Unusual Items	87.97	69.3	37.44	22.3
Gain (Loss) on Sale of Assets	4.95	-	-	-
Pretax Income	92.92	69.3	37.44	22.3
Income Tax Expense	26.03	19.67	11.01	6.24
Net Income	66.89	49.63	26.43	16.06
Net Income to Common	66.89	49.63	26.43	16.06
Net Income Growth	34.78%	87.75%	64.65%	-
Shares Outstanding (Basic)	7	7	7	8
Shares Outstanding (Diluted)	7	7	7	8
Shares Change (YoY)	-	-	-18.13%	-
EPS (Basic)	10.21	7.58	4.04	2.01
EPS (Diluted)	10.21	7.58	4.04	2.00
EPS Growth	34.75%	87.75%	101.28%	-
Free Cash Flow	34.4	-4.39	-23.92	6.36
Free Cash Flow Per Share	5.25	-0.67	-3.65	0.80
Gross Margin	43.41%	38.51%	38.86%	38.49%
Operating Margin	6.97%	5.67%	4.86%	4.22%
Profit Margin	3.71%	2.81%	1.99%	1.47%
Free Cash Flow Margin	1.91%	-0.25%	-1.80%	0.58%
EBITDA	150.96	120.5	82.42	59.79
EBITDA Margin	8.38%	6.82%	6.20%	5.46%
D&A For EBITDA	25.27	20.36	17.78	13.53
EBIT	125.69	100.14	64.64	46.26
EBIT Margin	6.97%	5.67%	4.86%	4.22%
Effective Tax Rate	28.02%	28.38%	29.40%	27.99%
Revenue as Reported	1,816	1,776	1,340	1,098
Advertising Expenses	0.55	0.74	0.16	0.12

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.