Manav Infra Projects Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	415.58	244.97	143.11	119.47	53.92
Other Revenue	2.87	-	-	-	-
Revenue	418.44	244.97	143.11	119.47	53.92
Revenue Growth (YoY)	70.81%	71.17%	19.79%	121.57%	6.75%
Cost of Revenue	20.14	14.84	9.78	14.78	26.03
Gross Profit	398.3	230.14	133.33	104.69	27.89
Selling, General & Admin	9.95	7.94	7.34	7.37	8.86
Other Operating Expenses	318.85	167.78	93.52	67.77	33.81
Operating Expenses	343.08	184.8	105.44	83.57	57.02
Operating Income	55.22	45.33	27.9	21.12	-29.13
Interest Expense	-9.01	-14.94	-11.69	-13.98	-12.07
Interest & Investment Income	-	0.01	0.03	0.05	0.08
Other Non Operating Income (Expenses)	-	-0.36	-0.21	-0.53	-0.3
EBT Excluding Unusual Items	46.22	30.05	16.03	6.66	-41.42
Gain (Loss) on Sale of Assets	-	1.01	-0.28	0.89	-0.78
Pretax Income	46.22	31.06	15.75	7.54	-42.2
Income Tax Expense	5.96	-1.13	4.19	1.56	-0.94
Net Income	40.26	32.19	11.56	5.98	-41.27
Net Income to Common	40.26	32.19	11.56	5.98	-41.27
Net Income Growth	25.07%	178.39%	93.23%	-	-
Shares Outstanding (Basic)	13	7	7	7	7
Shares Outstanding (Diluted)	13	7	7	7	7
Shares Change (YoY)	90.51%	1.01%	-	-	-
EPS (Basic)	3.06	4.66	1.69	0.88	-6.04
EPS (Diluted)	3.06	4.66	1.69	0.88	-6.04
EPS Growth	-34.34%	175.74%	93.08%	-	-
Free Cash Flow	-38.11	-1.63	-2.38	33.61	11.15
Free Cash Flow Per Share	-2.90	-0.24	-0.35	4.92	1.63
Gross Margin	95.19%	93.94%	93.17%	87.63%	51.73%
Operating Margin	13.20%	18.51%	19.49%	17.68%	-54.02%
Profit Margin	9.62%	13.14%	8.08%	5.01%	-76.54%
Free Cash Flow Margin	-9.11%	-0.67%	-1.67%	28.13%	20.68%
EBITDA	69.49	53.62	32.91	28.21	-18.4
EBITDA Margin	16.61%	21.89%	23.00%	23.61%	-34.12%
D&A For EBITDA	14.27	8.29	5.02	7.08	10.73
EBIT	55.22	45.33	27.9	21.12	-29.13
EBIT Margin	13.20%	18.51%	19.49%	17.68%	-54.02%
Effective Tax Rate	12.90%	-	26.58%	20.68%	-
Revenue as Reported	418.44	246.49	143.14	120.69	54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.