Samvardhana Motherson International Limited (NSE: MOTHERSON)

MOTHERSON 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	1,083,948	977,794	778,707	629,367	569,513	602,783
Other Revenue	3,753	3,753	3,460	4,043	2,229	2,013
Revenue	1,087,701	981,547	782,167	633,410	571,742	604,796
Revenue Growth (YoY)	23.35%	25.49%	23.49%	10.79%	-5.47%	-4.45%
Cost of Revenue	607,225	562,077	467,067	379,054	336,657	360,955
Gross Profit	480,475	419,470	315,100	254,356	235,085	243,841
Selling, General & Admin	270,804	238,122	181,756	156,055	141,719	146,493
Other Operating Expenses	102,232	87,017	70,739	50,778	46,124	49,736
Operating Expenses	417,089	364,581	283,497	236,415	217,103	222,702
Operating Income	63,386	54,889	31,603	17,941	17,982	21,139
Interest Expense	-9,246	-6,745	-3,929	-3,081	-3,500	-1,321
Interest & Investment Income	1,496	1,496	703	1,178	656	364
Earnings From Equity Investments	4,329	2,376	-437	160	849	575
Currency Exchange Gain (Loss)	217	217	874	1,285	-566	501
Other Non Operating Income (Expenses)	-9,220	-11,328	-3,657	-2,243	-1,611	-4,607
EBT Excluding Unusual Items	50,963	40,905	25,157	15,240	13,810	16,651
Merger & Restructuring Charges	-4,027	-4,027	-734	-741	-1,688	-220
Impairment of Goodwill	-	-	-231	-	-	-
Gain (Loss) on Sale of Investments	341	341	-	12	-	-
Gain (Loss) on Sale of Assets	-351	-351	148	-148	-111	40
Asset Writedown	1,337	1,337	-557	-	-	-737
Other Unusual Items	2,691	197	265	-121	-278	489
Pretax Income	50,954	38,402	24,048	14,242	11,733	16,223
Income Tax Expense	9,721	8,206	7,352	6,069	-694	6,881
Earnings From Continuing Operations	41,233	30,196	16,696	8,173	12,427	9,342
Earnings From Discontinued Operations	-	-	-	3,642	3,267	3,603
Net Income to Company	41,233	30,196	16,696	11,815	15,694	12,945
Minority Interest in Earnings	-3,356	-3,034	-1,740	-3,077	-5,302	-1,244
Net Income	37,877	27,162	14,956	8,738	10,392	11,701
Net Income to Common	37,877	27,162	14,956	8,738	10,392	11,701
Net Income Growth	98.27%	81.61%	71.16%	-15.92%	-11.19%	-27.46%
Shares Outstanding (Basic)	6,771	6,776	6,776	5,240	4,737	4,737
Shares Outstanding (Diluted)	6,771	6,776	6,776	5,240	4,737	4,737
Shares Change (YoY)	-0.07%	-	29.33%	10.62%	-	-
EPS (Basic)	5.59	4.01	2.21	1.67	2.19	2.47
EPS (Diluted)	5.59	4.01	2.21	1.67	2.19	2.47
EPS Growth	98.42%	81.61%	32.55%	-24.10%	-11.19%	-27.46%
Free Cash Flow	36,837	34,435	24,219	-454	30,813	40,779
Free Cash Flow Per Share	5.44	5.08	3.57	-0.09	6.50	8.61
Dividend Per Share	-	0.800	0.650	0.433	1.000	1.000
Dividend Growth	-	23.08%	50.01%	-56.67%	0%	0%
Gross Margin	44.17%	42.74%	40.29%	40.16%	41.12%	40.32%
Operating Margin	5.83%	5.59%	4.04%	2.83%	3.15%	3.50%
Profit Margin	3.48%	2.77%	1.91%	1.38%	1.82%	1.93%
Free Cash Flow Margin	3.39%	3.51%	3.10%	-0.07%	5.39%	6.74%
EBITDA	98,616	85,508	58,693	42,967	42,581	43,579
EBITDA Margin	9.07%	8.71%	7.50%	6.78%	7.45%	7.21%
D&A For EBITDA	35,230	30,619	27,090	25,026	24,599	22,440
EBIT	63,386	54,889	31,603	17,941	17,982	21,139
EBIT Margin	5.83%	5.59%	4.04%	2.83%	3.15%	3.50%
Effective Tax Rate	19.08%	21.37%	30.57%	42.61%	-	42.41%
Revenue as Reported	1,097,803	988,793	789,577	640,317	575,992	609,535

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