India Pesticides Limited (NSE: IPL)

India Pesticides 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	6,993	6,804	8,849	7,161	6,490	4,796
Other Revenue	0.1	0.1	-	-	-	-
Revenue	6,993	6,804	8,849	7,161	6,490	4,796
Revenue Growth (YoY)	-19.42%	-23.11%	23.57%	10.35%	35.30%	40.78%
Cost of Revenue	4,104	4,053	4,887	3,333	3,150	2,563
Gross Profit	2,889	2,751	3,962	3,828	3,340	2,233
Selling, General & Admin	507.2	472.4	388.8	319.68	250.91	181.14
Other Operating Expenses	1,462	1,412	1,604	1,371	1,258	1,110
Operating Expenses	2,126	2,035	2,107	1,776	1,570	1,342
Operating Income	763.2	715.5	1,856	2,053	1,769	890.83
Interest Expense	-31.7	-34.5	-54.8	-55.83	-24.92	-45.84
Interest & Investment Income	90.4	90.4	42.3	44.82	22.55	4.03
Currency Exchange Gain (Loss)	34.5	34.5	76.1	55.65	20.61	95.43
Other Non Operating Income (Expenses)	2	-2.2	-5.9	-5.83	-8.55	-5.39
EBT Excluding Unusual Items	858.4	803.7	1,913	2,091	1,779	939.06
Gain (Loss) on Sale of Investments	19.1	19.1	2.7	23.33	20.18	-5.56
Gain (Loss) on Sale of Assets	0.2	0.2	0.4	0.88	0.03	0.19
Pretax Income	877.7	823	1,916	2,116	1,799	933.69
Income Tax Expense	236.4	221.3	484	536.16	454.12	225.86
Net Income	641.3	601.7	1,432	1,580	1,345	707.83
Net Income to Common	641.3	601.7	1,432	1,580	1,345	707.83
Net Income Growth	-45.46%	-57.99%	-9.31%	17.41%	90.06%	61.16%
Shares Outstanding (Basic)	115	115	115	114	111	111
Shares Outstanding (Diluted)	115	115	115	114	111	111
Shares Change (YoY)	0.65%	-	0.78%	2.51%	0.06%	-
EPS (Basic)	5.55	5.22	12.44	13.82	12.07	6.35
EPS (Diluted)	5.55	5.22	12.44	13.82	12.07	6.35
EPS Growth	-45.81%	-57.99%	-10.01%	14.54%	90.04%	61.17%
Free Cash Flow	-	374.5	-305.4	-62.04	413.57	443.13
Free Cash Flow Per Share	-	3.25	-2.65	-0.54	3.71	3.98
Dividend Per Share	-	0.750	0.750	0.750	0.320	110.000
Dividend Growth	-	0%	0%	134.38%	-99.71%	-
Gross Margin	41.31%	40.43%	44.77%	53.46%	51.47%	46.56%
Operating Margin	10.91%	10.52%	20.97%	28.66%	27.27%	18.57%
Profit Margin	9.17%	8.84%	16.19%	22.06%	20.73%	14.76%
Free Cash Flow Margin	-	5.50%	-3.45%	-0.87%	6.37%	9.24%
EBITDA	915.68	859	1,963	2,135	1,831	941.39
EBITDA Margin	13.09%	12.62%	22.18%	29.81%	28.21%	19.63%
D&A For EBITDA	152.48	143.5	107.6	82.04	61.25	50.56
EBIT	763.2	715.5	1,856	2,053	1,769	890.83
EBIT Margin	10.91%	10.52%	20.97%	28.66%	27.27%	18.57%
Effective Tax Rate	26.93%	26.89%	25.26%	25.34%	25.24%	24.19%
Revenue as Reported	7,149	6,956	8,982	7,293	6,554	4,897
Advertising Expenses	-	36.8	21.3	11.27	16.77	9.4

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