Mangalam Global Enterprise Limited (NSE: MGEL)

MGEL 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	21,948	18,388	14,252	12,789	9,599	5,818
Revenue	21,948	18,388	14,252	12,789	9,599	5,818
Revenue Growth (YoY)	50.35%	29.02%	11.44%	33.24%	64.99%	49.24%
Cost of Revenue	21,214	17,665	13,410	12,246	9,066	5,475
Gross Profit	733.69	723.41	841.56	543.52	532.98	343.07
Selling, General & Admin	54.44	63	79.67	79.24	66.15	66.16
Other Operating Expenses	309.85	304.9	474.3	346.08	356.07	165.54
Operating Expenses	389.71	397.65	585.21	462.86	451.54	260.47
Operating Income	343.99	325.77	256.34	80.66	81.44	82.59
Interest Expense	-251.76	-244.35	-133.86	-102.13	-67.87	-73.8
Interest & Investment Income	90.69	90.69	15.49	27.86	19.61	13.24
Currency Exchange Gain (Loss)	14.04	14.04	8.89	7.53	16.26	3.06
Other Non Operating Income (Expenses)	44.64	23.03	19.37	2.87	9.03	5.3
EBT Excluding Unusual Items	241.6	209.18	166.23	16.79	58.46	30.4
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.29
Gain (Loss) on Sale of Assets	-	-	-	-	0.94	-
Other Unusual Items	17.15	17.15	-5.53	28.2	-	-
Pretax Income	258.75	226.33	160.7	44.99	59.41	30.69
Income Tax Expense	42.41	24.25	33.73	8.84	12.02	5.98
Earnings From Continuing Operations	216.34	202.08	126.96	36.15	47.39	24.71
Minority Interest in Earnings	-	-	-	6.88	10.54	6.67
Net Income	216.34	202.08	126.96	43.03	57.93	31.38
Net Income to Common	216.34	202.08	126.96	43.03	57.93	31.38
Net Income Growth	4.45%	59.17%	195.07%	-25.72%	84.58%	34.49%
Shares Outstanding (Basic)	145	144	134	126	122	99
Shares Outstanding (Diluted)	145	144	142	128	122	99
Shares Change (YoY)	0.13%	1.56%	11.04%	4.72%	23.38%	379.60%
EPS (Basic)	1.49	1.40	0.95	0.34	0.47	0.32
EPS (Diluted)	1.49	1.40	0.90	0.34	0.47	0.32
EPS Growth	3.78%	55.56%	167.27%	-29.07%	49.61%	-71.96%
Free Cash Flow	-	377.18	-952.74	-285.92	-552	58.79
Free Cash Flow Per Share	-	2.62	-6.71	-2.24	-4.52	0.59
Dividend Per Share	-	0.020	0.020	0.200	0.200	0.133
Dividend Growth	-	0%	-90.00%	0%	50.04%	2415.09%
Gross Margin	3.34%	3.93%	5.90%	4.25%	5.55%	5.90%
Operating Margin	1.57%	1.77%	1.80%	0.63%	0.85%	1.42%
Profit Margin	0.99%	1.10%	0.89%	0.34%	0.60%	0.54%
Free Cash Flow Margin	-	2.05%	-6.68%	-2.24%	-5.75%	1.01%
EBITDA	365.9	345.08	265.25	98.12	102.22	103.02
EBITDA Margin	1.67%	1.88%	1.86%	0.77%	1.06%	1.77%
D&A For EBITDA	21.92	19.31	8.9	17.47	20.78	20.43
EBIT	343.99	325.77	256.34	80.66	81.44	82.59
EBIT Margin	1.57%	1.77%	1.80%	0.63%	0.85%	1.42%
Effective Tax Rate	16.39%	10.71%	20.99%	19.66%	20.24%	19.47%
Revenue as Reported	22,109	18,527	14,304	12,832	9,647	5,841
Advertising Expenses	-	1.21	0.92	4.81	0.66	2.55

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