Polycab India Limited (NSE: POLYCAB)

Polycab India 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	201,288	180,394	141,078	122,038	87,922	88,300
Revenue Growth (YoY)	24.67%	27.87%	15.60%	38.80%	-0.43%	10.57%
Cost of Revenue	151,217	133,096	105,306	94,909	65,359	63,886
Gross Profit	50,072	47,299	35,772	27,129	22,563	24,413
Selling, General & Admin	8,439	8,144	5,869	4,956	4,290	4,825
Other Operating Expenses	16,140	14,237	11,382	9,509	7,161	7,943
Operating Expenses	27,247	24,831	19,342	16,480	13,214	14,377
Operating Income	22,825	22,468	16,430	10,649	9,350	10,037
Interest Expense	-1,178	-914.48	-441.55	-161.72	-274.42	-311.96
Interest & Investment Income	233.4	331.2	295.06	269.3	357.11	269.97
Earnings From Equity Investments	-	-	-92.63	-25.55	5.78	-74.08
Currency Exchange Gain (Loss)	1,038	778.3	184.39	316.92	568.43	-282.22
Other Non Operating Income (Expenses)	-90.71	46.94	-54.53	-110.58	-54.25	294.06
EBT Excluding Unusual Items	22,827	22,710	16,320	10,937	9,952	9,932
Gain (Loss) on Sale of Investments	1,124	879.86	651.15	227.62	167.04	179.08
Gain (Loss) on Sale of Assets	0.45	1.93	97.88	-11.83	1.13	-13.08
Other Unusual Items	1.64	1.6	3.29	5.79	0.92	1.42
Pretax Income	23,954	23,593	17,073	11,159	10,122	10,100
Income Tax Expense	5,786	5,564	4,242	2,706	1,703	2,444
Earnings From Continuing Operations	18,168	18,029	12,831	8,452	8,418	7,656
Earnings From Discontinued Operations	-	-	-	720.53	441.02	-
Net Income to Company	18,168	18,029	12,831	9,173	8,859	7,656
Minority Interest in Earnings	-221.96	-188.72	-123.03	-87.07	-38.19	-65.61
Net Income	17,946	17,840	12,708	9,086	8,821	7,591
Net Income to Common	17,946	17,840	12,708	9,086	8,821	7,591
Net Income Growth	11.60%	40.39%	39.87%	3.00%	16.21%	51.90%
Shares Outstanding (Basic)	150	150	150	149	149	148
Shares Outstanding (Diluted)	151	151	150	150	150	149
Shares Change (YoY)	0.34%	0.31%	0.12%	0.21%	0.47%	5.45%
EPS (Basic)	119.45	118.93	84.93	60.87	59.20	51.16
EPS (Diluted)	119.02	118.49	84.66	60.61	58.96	50.97
EPS Growth	11.22%	39.96%	39.69%	2.80%	15.67%	44.03%
Free Cash Flow	12,557	4,433	9,501	-149.12	10,654	-457.62
Free Cash Flow Per Share	83.28	29.44	63.30	-0.99	71.21	-3.07
Dividend Per Share	30.000	30.000	20.000	14.000	10.000	7.000
Dividend Growth	50.00%	50.00%	42.86%	40.00%	42.86%	133.33%
Gross Margin	24.88%	26.22%	25.36%	22.23%	25.66%	27.65%
Operating Margin	11.34%	12.45%	11.65%	8.73%	10.63%	11.37%
Profit Margin	8.92%	9.89%	9.01%	7.45%	10.03%	8.60%
Free Cash Flow Margin	6.24%	2.46%	6.73%	-0.12%	12.12%	-0.52%
EBITDA	25,155	24,706	18,379	12,516	10,982	11,513
EBITDA Margin	12.50%	13.70%	13.03%	10.26%	12.49%	13.04%
D&A For EBITDA	2,330	2,239	1,950	1,868	1,633	1,477
EBIT	22,825	22,468	16,430	10,649	9,350	10,037
EBIT Margin	11.34%	12.45%	11.65%	8.73%	10.63%	11.37%
Effective Tax Rate	24.15%	23.58%	24.85%	24.25%	16.83%	24.20%
Revenue as Reported	203,849	182,603	142,411	122,937	89,115	89,227
Advertising Expenses	-	1,989	1,244	822.69	682.51	1,087

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