Praj Industries Limited (NSE: PRAJIND)

Praj Industries 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	33,625	34,663	35,280	23,433	13,047	11,024
Revenue Growth (YoY)	-4.87%	-1.75%	50.56%	79.61%	18.35%	-3.40%
Cost of Revenue	21,232	22,914	24,687	16,897	9,145	7,240
Gross Profit	12,393	11,749	10,594	6,536	3,902	3,784
Selling, General & Admin	78.22	78.22	95.54	71.21	35.01	57.14
Other Operating Expenses	8,201	7,874	7,208	3,943	2,740	2,951
Operating Expenses	9,027	8,472	7,749	4,823	2,996	3,227
Operating Income	3,366	3,277	2,845	1,713	905.9	557.07
Interest Expense	-169.31	-94.17	-41.63	-19.31	-21.68	-24.07
Interest & Investment Income	163.46	163.46	86.54	90.16	75.87	106.3
Currency Exchange Gain (Loss)	28.99	159.61	102.02	120.66	67.31	39.52
Other Non Operating Income (Expenses)	26.97	2.06	3.44	31.69	19.04	38.89
EBT Excluding Unusual Items	3,416	3,508	2,995	1,936	1,046	717.7
Gain (Loss) on Sale of Investments	264.62	264.62	195.69	112.21	85.37	113.65
Gain (Loss) on Sale of Assets	1.6	1.6	-3.38	0.4	-0.76	-
Other Unusual Items	281.57	-	-	-	-	-
Pretax Income	3,964	3,775	3,187	2,049	1,131	831.35
Income Tax Expense	960.63	940.7	789.07	546.35	320.46	126.98
Earnings From Continuing Operations	3,004	2,834	2,398	1,502	810.59	704.36
Minority Interest in Earnings	-0.21	-0.35	-0.24	-0.03	-0.12	-0.05
Net Income	3,003	2,834	2,398	1,502	810.47	704.31
Net Income to Common	3,003	2,834	2,398	1,502	810.47	704.31
Net Income Growth	10.65%	18.17%	59.61%	85.37%	15.07%	3.27%
Shares Outstanding (Basic)	184	184	184	184	183	183
Shares Outstanding (Diluted)	184	184	184	184	183	183
Shares Change (YoY)	0.04%	-0.01%	0.05%	0.19%	0.09%	0.50%
EPS (Basic)	16.34	15.42	13.05	8.18	4.42	3.85
EPS (Diluted)	16.34	15.42	13.05	8.18	4.42	3.85
EPS Growth	10.61%	18.16%	59.54%	85.07%	14.81%	2.94%
Free Cash Flow	1,477	1,101	1,268	1,691	2,164	75.53
Free Cash Flow Per Share	8.04	5.99	6.90	9.21	11.81	0.41
Dividend Per Share	-	6.000	4.500	2.700	2.160	2.700
Dividend Growth	-	33.33%	66.67%	25.00%	-20.00%	66.67%
Gross Margin	36.86%	33.90%	30.03%	27.89%	29.91%	34.33%
Operating Margin	10.01%	9.46%	8.06%	7.31%	6.94%	5.05%
Profit Margin	8.93%	8.17%	6.80%	6.41%	6.21%	6.39%
Free Cash Flow Margin	4.39%	3.18%	3.59%	7.22%	16.59%	0.69%
EBITDA	3,797	3,479	3,023	1,884	1,085	740.26
EBITDA Margin	11.29%	10.04%	8.57%	8.04%	8.31%	6.72%
D&A For EBITDA	430.43	201.93	178.42	170.58	178.66	183.19
EBIT	3,366	3,277	2,845	1,713	905.9	557.07
EBIT Margin	10.01%	9.46%	8.06%	7.31%	6.94%	5.05%
Effective Tax Rate	24.23%	24.92%	24.76%	26.67%	28.33%	15.27%
Revenue as Reported	34,085	35,098	35,636	23,674	13,304	11,324
Advertising Expenses	-	47.22	47.97	29.48	18	26.33

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