HDFC Asset Management Company Limited (NSE: HDFCAMC)

HDFCAMC 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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	27,851	25,844	21,668	21,154	18,525	20,033
Other Revenue	5,943	5,790	3,157	3,178	3,494	1,393
Revenue	33,794	31,633	24,826	24,331	22,019	21,425
Revenue Growth (YoY)	25.99%	27.42%	2.03%	10.50%	2.77%	2.18%
Cost of Revenue	3,818	3,645	3,223	3,228	2,374	2,422
Gross Profit	29,976	27,988	21,603	21,104	19,645	19,003
Selling, General & Admin	457.4	457.4	423	279.4	153.5	271.7
Other Operating Expenses	2,341	2,166	1,849	1,647	1,357	1,582
Operating Expenses	3,325	3,147	2,806	2,465	2,065	2,358
Operating Income	26,651	24,841	18,797	18,638	17,580	16,645
Interest Expense	-90.6	-90.9	-96.9	-86.4	-89.5	-89.8
Currency Exchange Gain (Loss)	-0.5	-0.5	-0.4	0.6	-1.8	8.8
EBT Excluding Unusual Items	26,560	24,750	18,700	18,553	17,489	16,564
Gain (Loss) on Sale of Investments	-	-	-	-	-	-34
Gain (Loss) on Sale of Assets	0.5	0.5	1.1	0.3	0.4	0.4
Pretax Income	26,560	24,750	18,701	18,553	17,490	16,531
Income Tax Expense	5,870	5,323	4,467	4,622	4,232	3,906
Net Income	20,690	19,427	14,234	13,931	13,258	12,624
Net Income to Common	20,690	19,427	14,234	13,931	13,258	12,624
Net Income Growth	30.41%	36.49%	2.17%	5.08%	5.02%	35.66%
Shares Outstanding (Basic)	213	213	213	213	213	213
Shares Outstanding (Diluted)	214	214	213	213	213	213
Shares Change (YoY)	0.28%	0.17%	0.04%	0.00%	0.07%	0.27%
EPS (Basic)	96.91	91.00	66.72	65.36	62.28	59.37
EPS (Diluted)	96.71	90.89	66.71	65.31	62.16	59.24
EPS Growth	30.05%	36.25%	2.14%	5.07%	4.93%	35.31%
Free Cash Flow	-	15,957	11,353	12,435	10,737	12,550
Free Cash Flow Per Share	-	74.65	53.21	58.30	50.34	58.88
Dividend Per Share	-	70.000	48.000	42.000	34.000	28.000
Dividend Growth	-	45.83%	14.29%	23.53%	21.43%	16.67%
Gross Margin	88.70%	88.48%	87.02%	86.73%	89.22%	88.69%
Operating Margin	78.86%	78.53%	75.72%	76.60%	79.84%	77.69%
Profit Margin	61.22%	61.41%	57.33%	57.26%	60.21%	58.92%
Free Cash Flow Margin	-	50.44%	45.73%	51.11%	48.76%	58.58%
EBITDA	26,749	24,942	18,910	18,756	17,712	16,764
EBITDA Margin	79.15%	78.85%	76.17%	77.09%	80.44%	78.24%
D&A For EBITDA	97.88	101	113.5	117.6	131.4	118.5
EBIT	26,651	24,841	18,797	18,638	17,580	16,645
EBIT Margin	78.86%	78.53%	75.72%	76.60%	79.84%	77.69%
Effective Tax Rate	22.10%	21.51%	23.89%	24.91%	24.20%	23.63%
Revenue as Reported	33,795	31,634	24,827	24,332	22,017	21,434
Advertising Expenses	-	451.4	419.2	275.9	149.9	268.8

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