Prestige Estates Projects Limited (NSE: PRESTIGE)

Prestige Estates Projects 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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	80,583	78,771	83,150	63,895	72,419	81,248
Revenue Growth (YoY)	0.01%	-5.27%	30.14%	-11.77%	-10.87%	57.10%
Cost of Revenue	24,841	27,586	41,220	32,732	43,397	44,579
Gross Profit	55,742	51,185	41,930	31,163	29,022	36,669
Selling, General & Admin	9,413	9,044	7,614	4,510	4,813	5,523
Other Operating Expenses	18,428	16,936	13,419	11,197	4,577	7,552
Operating Expenses	35,256	33,145	27,504	20,417	15,316	19,742
Operating Income	20,486	18,040	14,426	10,746	13,706	16,927
Interest Expense	-12,904	-11,825	-7,414	-5,143	-9,519	-9,784
Interest & Investment Income	2,698	2,698	1,463	1,590	1,399	866
Earnings From Equity Investments	22	107	168	-160	-250	42
Currency Exchange Gain (Loss)	-	-	-14	-1	-2	-2
Other Non Operating Income (Expenses)	-1,490	-260	-463	-251	316	-261
EBT Excluding Unusual Items	8,812	8,760	8,166	6,781	5,650	7,788
Gain (Loss) on Sale of Investments	12,431	12,431	2,656	171	-	-
Gain (Loss) on Sale of Assets	32	32	242	62	399	101
Other Unusual Items	-	-	3,079	8,079	27,926	380
Pretax Income	21,275	21,223	14,143	15,093	33,975	8,269
Income Tax Expense	5,096	4,936	3,475	2,945	5,193	2,783
Earnings From Continuing Operations	16,179	16,287	10,668	12,148	28,782	5,486
Minority Interest in Earnings	-2,781	-2,546	-1,250	-648	-959	-1,455
Net Income	13,398	13,741	9,418	11,500	27,823	4,031
Net Income to Common	13,398	13,741	9,418	11,500	27,823	4,031
Net Income Growth	33.47%	45.90%	-18.10%	-58.67%	590.23%	-3.01%
Shares Outstanding (Basic)	401	401	401	401	401	379
Shares Outstanding (Diluted)	401	401	401	401	401	379
Shares Change (YoY)	0.01%	-	0.01%	-0.01%	5.67%	1.16%
EPS (Basic)	33.42	34.28	23.49	28.69	69.41	10.63
EPS (Diluted)	33.42	34.28	23.49	28.69	69.40	10.63
EPS Growth	33.46%	45.93%	-18.12%	-58.66%	553.09%	-4.09%
Free Cash Flow	-	-6,094	-1,107	-1,305	10,900	6,812
Free Cash Flow Per Share	-	-15.20	-2.76	-3.26	27.19	17.96
Dividend Per Share	-	1.800	1.500	1.500	1.500	1.500
Dividend Growth	-	20.00%	0%	0%	0%	0%
Gross Margin	69.17%	64.98%	50.43%	48.77%	40.08%	45.13%
Operating Margin	25.42%	22.90%	17.35%	16.82%	18.93%	20.83%
Profit Margin	16.63%	17.44%	11.33%	18.00%	38.42%	4.96%
Free Cash Flow Margin	-	-7.74%	-1.33%	-2.04%	15.05%	8.38%
EBITDA	24,038	21,549	17,762	15,456	17,083	20,988
EBITDA Margin	29.83%	27.36%	21.36%	24.19%	23.59%	25.83%
D&A For EBITDA	3,552	3,509	3,336	4,710	3,377	4,061
EBIT	20,486	18,040	14,426	10,746	13,706	16,927
EBIT Margin	25.42%	22.90%	17.35%	16.82%	18.93%	20.83%
Effective Tax Rate	23.95%	23.26%	24.57%	19.51%	15.28%	33.66%
Revenue as Reported	94,835	94,253	87,720	66,002	74,854	82,433
Advertising Expenses	-	761	514	-	124	413

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