Kaveri Seed Company Limited (NSE: KSCL)

Kaveri Seed Company 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
Operating Revenue	11,816	11,484	10,704	9,700	10,363	9,303
Other Revenue	0	0	-	-	-	-
Revenue	11,816	11,484	10,704	9,700	10,363	9,303
Revenue Growth (YoY)	5.02%	7.29%	10.35%	-6.40%	11.39%	14.94%
Cost of Revenue	6,028	5,784	5,638	5,365	5,408	4,780
Gross Profit	5,788	5,700	5,066	4,335	4,955	4,524
Selling, General & Admin	1,794	1,724	1,464	1,360	1,225	1,099
Other Operating Expenses	1,088	1,112	1,080	930.7	744.98	876.08
Operating Expenses	3,205	3,121	2,754	2,518	2,196	2,246
Operating Income	2,584	2,579	2,312	1,817	2,759	2,278
Interest Expense	-0.29	-0.59	-0.51	-0.28	-3.94	-3.83
Interest & Investment Income	20.29	20.29	9.58	3.6	8.08	8.38
Currency Exchange Gain (Loss)	4.57	4.57	9.09	0.12	-0.6	1.47
Other Non Operating Income (Expenses)	-18.13	11.03	9.29	8.97	9.46	8.39
EBT Excluding Unusual Items	2,590	2,614	2,340	1,829	2,772	2,292
Gain (Loss) on Sale of Investments	592.69	592.69	514.85	397.37	439.32	429.87
Gain (Loss) on Sale of Assets	0.73	0.73	4.36	1.19	-0.82	4.22
Pretax Income	3,183	3,208	2,859	2,228	3,210	2,727
Income Tax Expense	173.94	208.92	132.5	99.55	98.07	127.49
Earnings From Continuing Operations	3,009	2,999	2,726	2,128	3,112	2,599
Minority Interest in Earnings	-6.12	-11.4	-9.19	-3.45	-7.1	-8.67
Net Income	3,003	2,987	2,717	2,125	3,105	2,590
Net Income to Common	3,003	2,987	2,717	2,125	3,105	2,590
Net Income Growth	-3.07%	9.94%	27.90%	-31.58%	19.87%	19.12%
Shares Outstanding (Basic)	52	55	57	58	59	62
Shares Outstanding (Diluted)	52	55	57	58	59	62
Shares Change (YoY)	-5.17%	-3.52%	-2.88%	-1.74%	-4.02%	-3.95%
EPS (Basic)	57.24	54.58	47.89	36.37	52.23	41.82
EPS (Diluted)	57.24	54.58	47.89	36.37	52.23	41.82
EPS Growth	2.22%	13.97%	31.68%	-30.37%	24.89%	24.02%
Free Cash Flow	1,751	2,898	1,880	632.33	2,128	1,400
Free Cash Flow Per Share	33.37	52.94	33.14	10.82	35.80	22.60
Dividend Per Share	5.000	5.000	4.000	4.000	4.000	3.000
Dividend Growth	0%	25.00%	0%	0%	33.33%	0%
Gross Margin	48.99%	49.63%	47.33%	44.69%	47.81%	48.63%
Operating Margin	21.86%	22.46%	21.60%	18.73%	26.62%	24.49%
Profit Margin	25.42%	26.01%	25.39%	21.90%	29.96%	27.84%
Free Cash Flow Margin	14.82%	25.23%	17.57%	6.52%	20.54%	15.05%
EBITDA	2,896	2,853	2,513	2,022	2,974	2,524
EBITDA Margin	24.50%	24.84%	23.48%	20.84%	28.70%	27.13%
D&A For EBITDA	312.06	273.9	200.77	205.33	215.67	245.6
EBIT	2,584	2,579	2,312	1,817	2,759	2,278
EBIT Margin	21.86%	22.46%	21.60%	18.73%	26.62%	24.49%
Effective Tax Rate	5.46%	6.51%	4.63%	4.47%	3.06%	4.68%
Revenue as Reported	12,419	12,116	11,253	10,113	10,821	9,759
Advertising Expenses	-	459.37	421.27	397.96	339.45	385.73

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