Modi's Navnirman Limited (NSE:MODIS)

Modi's Navnirman Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	865.39	577.84	430.72	89.87	132.18
Other Revenue	5.37	-	7.65	-	0
Revenue	870.76	577.84	438.37	89.87	132.18
Revenue Growth (YoY)	50.69%	31.82%	387.80%	-32.01%	-39.76%
Cost of Revenue	663.25	469.62	120.86	-8.34	105.63
Gross Profit	207.5	108.22	317.51	98.2	26.54
Selling, General & Admin	34.2	10.09	18.13	6.54	9.58
Other Operating Expenses	12.34	7.72	206.45	80.49	11.27
Operating Expenses	46.66	17.9	224.59	87.06	20.86
Operating Income	160.84	90.32	92.92	11.15	5.68
Interest Expense	-2.21	-0.08	-16.95	-0.01	-0.63
Interest & Investment Income	6.53	0.71	1.22	0.23	0.06
Other Non Operating Income (Expenses)	-0.22	-0.31	-0.28	-0.14	0
Pretax Income	164.94	90.64	76.91	11.23	5.11
Income Tax Expense	42.42	23.72	19.28	2.84	1.33
Net Income	122.52	66.92	57.64	8.39	3.78
Net Income to Common	122.52	66.92	57.64	8.39	3.78
Net Income Growth	83.08%	16.10%	586.73%	121.86%	-72.94%
Shares Outstanding (Basic)	20	19	17	12	12
Shares Outstanding (Diluted)	20	19	17	12	12
Shares Change (YoY)	2.62%	12.83%	42.42%	-	-
EPS (Basic)	6.25	3.51	3.41	0.71	0.32
EPS (Diluted)	6.25	3.51	3.41	0.71	0.32
EPS Growth	78.41%	2.90%	382.17%	122.51%	-73.02%
Free Cash Flow	-216.5	-58.85	-72.57	-160.68	-1.76
Free Cash Flow Per Share	-11.05	-3.08	-4.29	-13.53	-0.15
Dividend Per Share	-	-	1.000	-	-
Gross Margin	23.83%	18.73%	72.43%	109.28%	20.08%
Operating Margin	18.47%	15.63%	21.20%	12.40%	4.30%
Profit Margin	14.07%	11.58%	13.15%	9.34%	2.86%
Free Cash Flow Margin	-24.86%	-10.18%	-16.55%	-178.80%	-1.33%
EBITDA	160.96	90.34	92.94	11.17	5.69
EBITDA Margin	18.49%	15.63%	21.20%	12.43%	4.30%
D&A For EBITDA	0.12	0.01	0.01	0.03	0
EBIT	160.84	90.32	92.92	11.15	5.68
EBIT Margin	18.47%	15.63%	21.20%	12.40%	4.30%
Effective Tax Rate	25.72%	26.17%	25.06%	25.28%	26.03%
Revenue as Reported	885.67	579.05	439.59	90.1	132.23
Advertising Expenses	0.02	0.08	0.06	0.36	0.04

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