ICICI Securities Limited (NSE: ISEC)

ICICI Securities 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
Interest and Dividend Income	21,930	16,734	10,015	7,186	3,449	2,350
Total Interest Expense	13,953	9,823	5,330	2,691	1,045	848.8
Net Interest Income	7,978	6,911	4,686	4,495	2,404	1,502
Brokerage Commission	22,840	18,774	12,563	15,526	15,045	9,476
Gain on Sale of Investments (Rev)	112.5	112.5	-29.9	22.8	-	-
Other Revenue	17,249	14,872	11,609	11,616	7,368	5,236
Revenue Before Loan Losses	48,180	40,669	28,828	31,659	24,817	16,213
Provision for Loan Losses	2.2	2.2	20.2	-76.5	-4.1	90
Revenue	48,178	40,667	28,807	31,736	24,821	16,123
Revenue Growth (YoY)	49.57%	41.17%	-9.23%	27.86%	53.94%	-3.06%
Salaries & Employee Benefits	10,086	8,745	6,978	6,644	5,880	5,338
Cost of Services Provided	5,278	4,597	3,615	3,986	2,538	1,243
Other Operating Expenses	3,793	3,390	2,537	1,981	1,574	1,552
Total Operating Expenses	20,609	17,911	13,894	13,243	10,496	8,755
Operating Income	27,568	22,756	14,914	18,493	14,325	7,368
Currency Exchange Gains	0.9	0.9	27.6	26.9	-9.9	21.7
Other Non-Operating Income (Expenses)	37.7	-	57.7	-	-	147.5
EBT Excluding Unusual Items	27,607	22,757	14,999	18,520	14,315	7,537
Asset Writedown	-	-	-	-	-6.9	-8.1
Pretax Income	27,625	22,775	15,011	18,528	14,308	7,529
Income Tax Expense	7,043	5,808	3,835	4,702	3,631	2,109
Net Income	20,582	16,967	11,176	13,826	10,677	5,420
Net Income to Common	20,582	16,967	11,176	13,826	10,677	5,420
Net Income Growth	66.24%	51.81%	-19.16%	29.49%	97.00%	10.45%
Shares Outstanding (Basic)	323	323	323	323	322	322
Shares Outstanding (Diluted)	326	325	324	324	323	322
Shares Change (YoY)	0.61%	0.40%	-0.09%	0.34%	0.12%	0.06%
EPS (Basic)	63.63	52.51	34.62	42.86	33.14	16.83
EPS (Diluted)	63.15	52.22	34.54	42.69	33.08	16.81
EPS Growth	65.21%	51.19%	-19.09%	29.05%	96.79%	10.37%
Free Cash Flow	-73,426	-58,798	-7,999	-26,616	-16,502	-19,017
Free Cash Flow Per Share	-225.30	-180.97	-24.72	-82.17	-51.12	-58.99
Dividend Per Share	17.000	29.000	19.000	24.000	21.500	11.000
Dividend Growth	-20.00%	52.63%	-20.83%	11.63%	95.45%	17.02%
Operating Margin	57.22%	55.96%	51.77%	58.27%	57.71%	45.70%
Profit Margin	42.72%	41.72%	38.80%	43.57%	43.02%	33.62%
Free Cash Flow Margin	-152.41%	-144.58%	-27.77%	-83.87%	-66.48%	-117.95%
Effective Tax Rate	25.50%	25.50%	25.55%	25.38%	25.37%	28.01%
Revenue as Reported	62,189	50,511	34,255	34,385	25,862	17,249

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