Hindustan Aeronautics Limited (NSE: HAL)

Hindustan Aeronautics 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
Revenue	311,538	303,811	269,275	246,200	228,823	214,452
Revenue Growth (YoY)	12.42%	12.83%	9.37%	7.59%	6.70%	7.18%
Cost of Revenue	123,699	118,426	109,148	105,799	117,060	100,293
Gross Profit	187,839	185,385	160,127	140,401	111,764	114,158
Selling, General & Admin	53,306	53,073	49,410	46,144	43,288	47,880
Other Operating Expenses	45,072	44,595	48,356	46,740	23,811	22,645
Operating Expenses	110,207	111,739	115,613	103,989	78,678	80,509
Operating Income	77,632	73,646	44,514	36,412	33,085	33,649
Interest Expense	-319.3	-321.1	-579.7	-582	-2,592	-3,485
Interest & Investment Income	16,344	16,344	14,991	6,877	1,371	662.9
Earnings From Equity Investments	365.2	265	28.7	-2.3	48.1	70.2
Currency Exchange Gain (Loss)	185.6	185.6	-1,224	385.1	36.8	-1,622
Other Non Operating Income (Expenses)	16,688	12,220	13,308	10,913	11,505	9,650
EBT Excluding Unusual Items	110,896	102,339	71,039	54,003	43,454	38,926
Gain (Loss) on Sale of Investments	-	-	-0.3	-8.6	-2.5	-13.3
Gain (Loss) on Sale of Assets	59	59	31.8	15.7	1.2	2.3
Asset Writedown	-105.8	-149.5	-5,975	-1,764	-638.5	-317.9
Other Unusual Items	58.9	-	-	-	20.2	1,189
Pretax Income	110,909	102,249	65,095	52,245	42,835	39,786
Income Tax Expense	25,730	26,039	6,818	1,447	10,379	10,960
Earnings From Continuing Operations	85,178	76,210	58,277	50,799	32,456	28,827
Minority Interest in Earnings	-0.7	1	0.1	1.6	4	1.7
Net Income	85,178	76,211	58,277	50,800	32,460	28,828
Net Income to Common	85,178	76,211	58,277	50,800	32,460	28,828
Net Income Growth	41.09%	30.77%	14.72%	56.50%	12.60%	23.80%
Shares Outstanding (Basic)	669	669	669	669	669	669
Shares Outstanding (Diluted)	669	669	669	669	669	669
Shares Change (YoY)	-0.02%	-	-	-	-	-
EPS (Basic)	127.39	113.96	87.14	75.96	48.54	43.11
EPS (Diluted)	127.38	113.95	87.14	75.96	48.54	43.10
EPS Growth	41.11%	30.77%	14.72%	56.50%	12.60%	23.80%
Free Cash Flow	82,367	73,064	80,473	93,738	144,627	6,372
Free Cash Flow Per Share	123.18	109.25	120.33	140.16	216.26	9.53
Dividend Per Share	-	35.000	27.500	25.000	15.000	16.625
Dividend Growth	-	27.27%	10.00%	66.67%	-9.77%	67.93%
Gross Margin	60.29%	61.02%	59.47%	57.03%	48.84%	53.23%
Operating Margin	24.92%	24.24%	16.53%	14.79%	14.46%	15.69%
Profit Margin	27.34%	25.08%	21.64%	20.63%	14.19%	13.44%
Free Cash Flow Margin	26.44%	24.05%	29.89%	38.07%	63.20%	2.97%
EBITDA	89,568	87,867	52,870	44,057	41,701	42,974
EBITDA Margin	28.75%	28.92%	19.63%	17.89%	18.22%	20.04%
D&A For EBITDA	11,935	14,221	8,356	7,646	8,616	9,325
EBIT	77,632	73,646	44,514	36,412	33,085	33,649
EBIT Margin	24.92%	24.24%	16.53%	14.79%	14.46%	15.69%
Effective Tax Rate	23.20%	25.47%	10.47%	2.77%	24.23%	27.55%
Revenue as Reported	334,499	322,777	285,976	256,050	232,398	217,417
Advertising Expenses	-	158.7	297.9	89.5	226	86.8

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