Mishra Dhatu Nigam Limited (NSE: MIDHANI)

Mishra Dhatu Nigam 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
Revenue	10,838	10,727	8,719	8,595	8,132	7,129
Revenue Growth (YoY)	9.33%	23.02%	1.45%	5.69%	14.08%	0.29%
Cost of Revenue	4,896	4,671	1,802	2,045	2,221	1,283
Gross Profit	5,941	6,056	6,917	6,550	5,911	5,845
Selling, General & Admin	1,393	1,356	1,314	1,247	1,228	1,276
Other Operating Expenses	2,521	2,624	2,889	2,639	2,187	2,575
Operating Expenses	4,533	4,576	4,739	4,221	3,699	4,112
Operating Income	1,408	1,480	2,179	2,329	2,212	1,734
Interest Expense	-318.76	-345.75	-257.32	-215	-119.95	-59.16
Interest & Investment Income	55.18	55.18	58.97	154.84	42.99	133.52
Earnings From Equity Investments	7.29	5.19	3.88	3.1	1.31	-16.28
Currency Exchange Gain (Loss)	-7.56	-7.56	-13	4.01	-1.6	-5.53
Other Non Operating Income (Expenses)	72.67	72.67	129.21	76.53	46.42	94.18
EBT Excluding Unusual Items	1,217	1,260	2,100	2,353	2,181	1,880
Gain (Loss) on Sale of Assets	-	-	0.01	0.02	0.12	1.13
Asset Writedown	-2.56	-2.56	-0.47	-1.1	-1.75	-0.2
Other Unusual Items	57.78	57.78	69.58	42.84	82.54	123.21
Pretax Income	1,272	1,315	2,169	2,394	2,262	2,005
Income Tax Expense	389.47	396.96	606.73	628.12	598.02	423.52
Net Income	882.53	917.82	1,563	1,766	1,664	1,581
Net Income to Common	882.53	917.82	1,563	1,766	1,664	1,581
Net Income Growth	-35.83%	-41.27%	-11.52%	6.13%	5.26%	21.10%
Shares Outstanding (Basic)	187	187	187	187	187	187
Shares Outstanding (Diluted)	187	187	187	187	187	187
Shares Change (YoY)	0.03%	-	-	-	-	-
EPS (Basic)	4.71	4.90	8.34	9.43	8.88	8.44
EPS (Diluted)	4.71	4.90	8.34	9.43	8.88	8.44
EPS Growth	-35.84%	-41.26%	-11.54%	6.17%	5.22%	21.10%
Free Cash Flow	1,834	1,366	-1,083	-853.74	167.91	-872.49
Free Cash Flow Per Share	9.78	7.29	-5.78	-4.56	0.90	-4.66
Dividend Per Share	-	1.410	3.350	3.100	2.780	2.560
Dividend Growth	-	-57.91%	8.06%	11.51%	8.59%	16.89%
Gross Margin	54.82%	56.45%	79.33%	76.21%	72.68%	82.00%
Operating Margin	12.99%	13.80%	24.98%	27.10%	27.20%	24.32%
Profit Margin	8.14%	8.56%	17.92%	20.55%	20.46%	22.18%
Free Cash Flow Margin	16.92%	12.73%	-12.42%	-9.93%	2.06%	-12.24%
EBITDA	1,876	1,925	2,572	2,598	2,479	1,993
EBITDA Margin	17.31%	17.94%	29.50%	30.22%	30.49%	27.95%
D&A For EBITDA	467.89	444.69	393.81	268.55	267.29	259.01
EBIT	1,408	1,480	2,179	2,329	2,212	1,734
EBIT Margin	12.99%	13.80%	24.98%	27.10%	27.20%	24.32%
Effective Tax Rate	30.62%	30.19%	27.97%	26.23%	26.43%	21.13%
Revenue as Reported	11,137	11,026	9,097	8,908	8,331	7,493
Advertising Expenses	-	11.49	48.3	15.43	12.27	32.11

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