Munjal Showa Limited (NSE:MUNJALSHOW)

Munjal Showa Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	12,406	12,504	11,727	12,405	10,599	10,854
Revenue Growth (YoY)	1.19%	6.63%	-5.47%	17.04%	-2.34%	-15.75%
Cost of Revenue	9,712	9,788	9,168	9,732	8,293	8,233
Gross Profit	2,694	2,717	2,560	2,673	2,307	2,621
Selling, General & Admin	1,195	1,196	1,149	1,079	1,127	1,233
Other Operating Expenses	1,302	1,352	1,256	1,292	1,097	1,148
Operating Expenses	2,610	2,668	2,528	2,489	2,349	2,544
Operating Income	84.3	49.09	31.86	184.15	-42.06	76.9
Interest Expense	-0.16	-0.17	-0.13	-0.49	-0.6	-1.48
Interest & Investment Income	56.81	56.81	40.16	80.47	17.5	14.89
Currency Exchange Gain (Loss)	4.1	4.1	1.69	2.35	5.12	16.3
Other Non Operating Income (Expenses)	-194.13	-154.27	259.2	20.71	102.24	163.79
EBT Excluding Unusual Items	-49.08	-44.44	332.78	287.18	82.21	270.4
Merger & Restructuring Charges	-	-	-12.65	-74.67	-	-
Gain (Loss) on Sale of Investments	335.14	335.14	31.18	88.25	56.54	44.86
Gain (Loss) on Sale of Assets	1.25	1.25	4.17	2.11	-0.18	-0.84
Other Unusual Items	59.69	59.69	7.42	119	0.2	-
Pretax Income	347.01	351.65	362.9	421.87	138.76	314.43
Income Tax Expense	87.94	62.95	55.24	102.84	17.26	53.02
Net Income	259.07	288.7	307.66	319.03	121.5	261.4
Net Income to Common	259.07	288.7	307.66	319.03	121.5	261.4
Net Income Growth	-14.88%	-6.16%	-3.56%	162.57%	-53.52%	-38.55%
Shares Outstanding (Basic)	40	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40	40
EPS (Basic)	6.48	7.22	7.69	7.98	3.04	6.54
EPS (Diluted)	6.48	7.22	7.69	7.98	3.04	6.54
EPS Growth	-14.76%	-6.13%	-3.60%	162.57%	-53.52%	-38.55%
Free Cash Flow	54.69	298.1	71.87	-58.35	224.25	-228.54
Free Cash Flow Per Share	1.37	7.45	1.80	-1.46	5.61	-5.71
Dividend Per Share	-	4.500	4.500	4.500	4.500	4.500
Gross Margin	21.71%	21.73%	21.83%	21.55%	21.76%	24.14%
Operating Margin	0.68%	0.39%	0.27%	1.48%	-0.40%	0.71%
Profit Margin	2.09%	2.31%	2.62%	2.57%	1.15%	2.41%
Free Cash Flow Margin	0.44%	2.38%	0.61%	-0.47%	2.12%	-2.11%
EBITDA	178.72	151.54	138.21	292.72	69.46	218.76
EBITDA Margin	1.44%	1.21%	1.18%	2.36%	0.66%	2.02%
D&A For EBITDA	94.42	102.45	106.35	108.58	111.52	141.86
EBIT	84.3	49.09	31.86	184.15	-42.06	76.9
EBIT Margin	0.68%	0.39%	0.27%	1.48%	-0.40%	0.71%
Effective Tax Rate	25.34%	17.90%	15.22%	24.38%	12.44%	16.86%
Revenue as Reported	12,669	12,807	12,071	12,608	10,781	11,094
Advertising Expenses	-	-	-	-	-	0.48

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.