MTAR Technologies Limited (NSE:MTARTECH)

MTAR Technologies 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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	6,359	5,808	5,738	3,220	2,464	2,138
Revenue Growth (YoY)	0.27%	1.22%	78.18%	30.67%	15.28%	16.39%
Cost of Revenue	3,396	3,093	2,763	1,209	837.83	756.88
Gross Profit	2,963	2,715	2,975	2,011	1,626	1,381
Selling, General & Admin	1,150	973.33	939.49	710.5	533.03	518.83
Other Operating Expenses	763.72	614.21	493.94	356.4	260.25	280.55
Operating Expenses	2,199	1,819	1,620	1,210	918.85	921.68
Operating Income	763.94	895.39	1,355	801.16	707.64	459.18
Interest Expense	-182.61	-188.12	-115.6	-32.55	-40.98	-19.68
Interest & Investment Income	11.32	11.32	14.24	34.23	13.1	9.96
Currency Exchange Gain (Loss)	20.24	20.24	144.96	28.57	-2.46	29.06
Other Non Operating Income (Expenses)	-37.58	-34.53	-22.44	-31.57	-29.03	-27.45
EBT Excluding Unusual Items	575.31	704.3	1,376	799.84	648.27	451.07
Gain (Loss) on Sale of Investments	23.64	23.64	27.94	19.64	-	-
Gain (Loss) on Sale of Assets	2.43	2.43	-1.81	-	-	-
Other Unusual Items	-	-	-	2.72	-	4.26
Pretax Income	601.38	730.37	1,402	822.2	648.27	455.33
Income Tax Expense	161.02	169.24	368.04	213.46	187.61	142.15
Net Income	440.36	561.13	1,034	608.74	460.66	313.18
Net Income to Common	440.36	561.13	1,034	608.74	460.66	313.18
Net Income Growth	-46.50%	-45.74%	69.89%	32.15%	47.09%	-20.11%
Shares Outstanding (Basic)	31	31	31	31	27	28
Shares Outstanding (Diluted)	31	31	31	31	27	28
Shares Change (YoY)	0.03%	-	-	13.50%	-3.88%	-0.07%
EPS (Basic)	14.31	18.24	33.62	19.79	17.00	11.11
EPS (Diluted)	14.31	18.24	33.62	19.79	17.00	11.11
EPS Growth	-46.52%	-45.74%	69.89%	16.43%	53.02%	-20.05%
Free Cash Flow	-	-367.85	-1,010	-1,209	-142.18	442.99
Free Cash Flow Per Share	-	-11.96	-32.82	-39.30	-5.25	15.71
Dividend Per Share	-	-	-	3.000	3.000	5.000
Dividend Growth	-	-	-	-	-40.00%	66.67%
Gross Margin	46.59%	46.74%	51.85%	62.46%	66.00%	64.59%
Operating Margin	12.01%	15.42%	23.61%	24.88%	28.72%	21.48%
Profit Margin	6.93%	9.66%	18.02%	18.91%	18.69%	14.65%
Free Cash Flow Margin	-	-6.33%	-17.60%	-37.55%	-5.77%	20.72%
EBITDA	1,025	1,122	1,535	939.13	830.73	578.97
EBITDA Margin	16.11%	19.31%	26.76%	29.17%	33.71%	27.08%
D&A For EBITDA	260.57	226.2	180.37	137.97	123.09	119.79
EBIT	763.94	895.39	1,355	801.16	707.64	459.18
EBIT Margin	12.01%	15.42%	23.61%	24.88%	28.72%	21.48%
Effective Tax Rate	26.77%	23.17%	26.25%	25.96%	28.94%	31.22%
Revenue as Reported	6,414	5,866	5,932	3,308	2,477	2,181
Advertising Expenses	-	3.58	4.4	2.73	2.63	2.57

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