Vaidya Sane Ayurved Laboratories Limited (NSE:MADHAVBAUG)

NSE:MADHAVBAUG Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	979.9	898.47	993.31	991.69	747.11	522.75
Revenue Growth (YoY)	8.84%	-9.55%	0.16%	32.74%	42.92%	-30.51%
Cost of Revenue	170.98	180.16	279.61	298.93	241.25	180.94
Gross Profit	808.91	718.31	713.7	692.76	505.86	341.8
Selling, General & Admin	386.42	394.62	456.23	423.06	267.72	166.15
Other Operating Expenses	258.88	188.66	212.44	191.13	167.11	131.72
Operating Expenses	699.18	624.83	700.09	640.17	457.68	322.35
Operating Income	109.73	93.48	13.62	52.59	48.18	19.45
Interest Expense	-1.31	-1.04	-2.48	-1.88	-2.02	-3.03
Interest & Investment Income	14.94	14.94	9.04	8.73	1.47	0.05
Earnings From Equity Investments	-0.1	-0.17	-0.11	-	-	-
Other Non Operating Income (Expenses)	4.8	3.64	4.98	4.89	-0	-0
EBT Excluding Unusual Items	128.06	110.85	25.04	64.33	47.64	16.47
Gain (Loss) on Sale of Investments	-	-	3.42	-	-	-
Gain (Loss) on Sale of Assets	-	-	0.07	-	-	-
Other Unusual Items	-12.03	-12.03	-	-	-0.15	-11.92
Pretax Income	116.03	98.82	28.54	64.33	47.49	4.55
Income Tax Expense	33.95	27.45	8.74	16	12.8	0.63
Earnings From Continuing Operations	82.08	71.37	19.79	48.33	34.69	3.92
Minority Interest in Earnings	0.01	-0.01	0.01	-0.01	-	-
Net Income	82.09	71.36	19.8	48.33	34.69	3.92
Net Income to Common	82.09	71.36	19.8	48.33	34.69	3.92
Net Income Growth	102.61%	260.34%	-59.02%	39.32%	784.92%	-
Shares Outstanding (Basic)	11	11	11	11	11	7
Shares Outstanding (Diluted)	11	12	12	11	11	7
Shares Change (YoY)	-38.55%	-	17.37%	-	50.73%	-
EPS (Basic)	7.76	6.79	1.88	4.60	3.30	0.56
EPS (Diluted)	7.76	5.81	1.57	4.60	3.30	0.56
EPS Growth	229.31%	270.06%	-65.85%	39.32%	487.10%	-
Free Cash Flow	49.45	21.55	-124.09	-69.15	-162.95	48.51
Free Cash Flow Per Share	4.67	1.75	-10.06	-6.58	-15.50	6.96
Dividend Per Share	-	-	-	0.500	-	-
Gross Margin	82.55%	79.95%	71.85%	69.86%	67.71%	65.39%
Operating Margin	11.20%	10.40%	1.37%	5.30%	6.45%	3.72%
Profit Margin	8.38%	7.94%	1.99%	4.87%	4.64%	0.75%
Free Cash Flow Margin	5.05%	2.40%	-12.49%	-6.97%	-21.81%	9.28%
EBITDA	160.35	133.41	45.03	78.57	68.68	43.93
EBITDA Margin	16.36%	14.85%	4.53%	7.92%	9.19%	8.40%
D&A For EBITDA	50.62	39.93	31.42	25.98	20.5	24.47
EBIT	109.73	93.48	13.62	52.59	48.18	19.45
EBIT Margin	11.20%	10.40%	1.37%	5.30%	6.45%	3.72%
Effective Tax Rate	29.26%	27.78%	30.64%	24.87%	26.95%	13.81%
Revenue as Reported	999.64	917.05	1,011	1,005	750.49	523.77
Advertising Expenses	-	140.94	137.62	159.29	85.94	32.59

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.