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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	23,170	18,388	14,252	12,789	9,599	5,818
Revenue	23,170	18,388	14,252	12,789	9,599	5,818
Revenue Growth (YoY)	38.67%	29.02%	11.44%	33.24%	64.99%	49.24%
Cost of Revenue	22,379	17,665	13,410	12,246	9,066	5,475
Gross Profit	791.81	723.41	841.56	543.52	532.98	343.07
Selling, General & Admin	51.61	63	79.67	79.24	66.15	66.16
Other Operating Expenses	269.14	304.9	474.3	346.08	356.07	165.54
Operating Expenses	342.2	397.65	585.21	462.86	451.54	260.47
Operating Income	449.61	325.77	256.34	80.66	81.44	82.59
Interest Expense	-271.07	-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)	49.88	23.03	19.37	2.87	9.03	5.3
EBT Excluding Unusual Items	333.15	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	-20.9	17.15	-5.53	28.2	-	-
Pretax Income	312.25	226.33	160.7	44.99	59.41	30.69
Income Tax Expense	49.7	24.25	33.73	8.84	12.02	5.98
Earnings From Continuing Operations	262.55	202.08	126.96	36.15	47.39	24.71
Minority Interest in Earnings	-	-	-	6.88	10.54	6.67
Net Income	262.55	202.08	126.96	43.03	57.93	31.38
Net Income to Common	262.55	202.08	126.96	43.03	57.93	31.38
Net Income Growth	52.31%	59.17%	195.07%	-25.72%	84.58%	34.49%
Shares Outstanding (Basic)	150	144	134	126	122	99
Shares Outstanding (Diluted)	150	144	142	128	122	99
Shares Change (YoY)	5.49%	1.56%	11.04%	4.72%	23.38%	379.60%
EPS (Basic)	1.75	1.40	0.95	0.34	0.47	0.32
EPS (Diluted)	1.74	1.40	0.90	0.34	0.47	0.32
EPS Growth	44.19%	55.56%	167.27%	-29.07%	49.61%	-71.96%
Free Cash Flow	-56.73	377.18	-952.74	-285.92	-552	58.79
Free Cash Flow Per Share	-0.38	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	3.42%	3.93%	5.90%	4.25%	5.55%	5.90%
Operating Margin	1.94%	1.77%	1.80%	0.63%	0.85%	1.42%
Profit Margin	1.13%	1.10%	0.89%	0.34%	0.60%	0.54%
Free Cash Flow Margin	-0.24%	2.05%	-6.68%	-2.24%	-5.75%	1.01%
EBITDA	469.1	345.08	265.25	98.12	102.22	103.02
EBITDA Margin	2.02%	1.88%	1.86%	0.77%	1.06%	1.77%
D&A For EBITDA	19.49	19.31	8.9	17.47	20.78	20.43
EBIT	449.61	325.77	256.34	80.66	81.44	82.59
EBIT Margin	1.94%	1.77%	1.80%	0.63%	0.85%	1.42%
Effective Tax Rate	15.92%	10.71%	20.99%	19.66%	20.24%	19.47%
Revenue as Reported	23,336	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.