Gulf Oil Lubricants India Limited (NSE:GULFOILLUB)

Gulf Oil Lubricants India 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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	35,600	33,012	29,991	21,895	16,522	16,442
Revenue Growth (YoY)	10.50%	10.07%	36.98%	32.52%	0.49%	-3.61%
Cost of Revenue	20,785	19,576	18,779	13,204	8,948	8,350
Gross Profit	14,815	13,436	11,212	8,691	7,574	8,092
Selling, General & Admin	6,402	6,173	5,230	1,814	1,765	2,195
Other Operating Expenses	3,666	3,034	2,543	4,043	3,157	3,023
Operating Expenses	10,644	9,733	8,180	6,214	5,261	5,545
Operating Income	4,170	3,703	3,033	2,476	2,313	2,547
Interest Expense	-291.61	-234.56	-149.47	-31.65	-155.59	-97.69
Interest & Investment Income	649.38	649.38	417.95	433.2	509.81	348.94
Earnings From Equity Investments	2.95	-1.83	0.04	-0.2	-	-
Currency Exchange Gain (Loss)	2.02	2.02	-200.86	-36.12	35.75	-124.58
Other Non Operating Income (Expenses)	128.49	-25.79	4.87	-28.33	-26.52	-26.05
EBT Excluding Unusual Items	4,662	4,092	3,105	2,813	2,677	2,647
Gain (Loss) on Sale of Investments	25.64	25.64	22.33	8.54	8.66	-
Gain (Loss) on Sale of Assets	5.51	5.51	-0.6	-	2.13	-1.73
Pretax Income	4,693	4,123	3,127	2,843	2,687	2,645
Income Tax Expense	1,177	1,043	804.04	732.62	686.55	620.19
Earnings From Continuing Operations	3,515	3,080	2,323	2,111	2,001	2,025
Minority Interest in Earnings	23.6	-0.56	-	-	-	-
Net Income	3,539	3,080	2,323	2,111	2,001	2,025
Net Income to Common	3,539	3,080	2,323	2,111	2,001	2,025
Net Income Growth	24.66%	32.57%	10.07%	5.48%	-1.20%	13.92%
Shares Outstanding (Basic)	49	49	49	50	50	50
Shares Outstanding (Diluted)	50	50	49	51	50	50
Shares Change (YoY)	0.47%	0.56%	-2.84%	0.59%	0.13%	0.51%
EPS (Basic)	72.11	62.76	47.30	41.89	39.86	40.51
EPS (Diluted)	71.28	62.17	47.16	41.63	39.70	40.23
EPS Growth	24.08%	31.83%	13.28%	4.86%	-1.32%	13.32%
Free Cash Flow	-	3,137	2,501	-483.32	1,849	2,185
Free Cash Flow Per Share	-	63.33	50.78	-9.53	36.68	43.41
Dividend Per Share	40.000	36.000	25.000	5.000	16.000	14.000
Dividend Growth	-2.44%	44.00%	400.00%	-68.75%	14.29%	21.74%
Gross Margin	41.61%	40.70%	37.39%	39.69%	45.84%	49.22%
Operating Margin	11.71%	11.22%	10.11%	11.31%	14.00%	15.49%
Profit Margin	9.94%	9.33%	7.75%	9.64%	12.11%	12.32%
Free Cash Flow Margin	-	9.50%	8.34%	-2.21%	11.19%	13.29%
EBITDA	4,556	4,032	3,288	2,720	2,551	2,776
EBITDA Margin	12.80%	12.21%	10.96%	12.42%	15.44%	16.89%
D&A For EBITDA	385.56	329.54	254.85	243.82	238.15	229.94
EBIT	4,170	3,703	3,033	2,476	2,313	2,547
EBIT Margin	11.71%	11.22%	10.11%	11.31%	14.00%	15.49%
Effective Tax Rate	25.09%	25.29%	25.71%	25.77%	25.55%	23.44%
Revenue as Reported	36,436	33,693	30,462	22,358	17,043	16,790
Advertising Expenses	-	1,087	862.37	595.81	558.7	1,018

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