Pulz Electronics Limited (NSE:PULZ)

Pulz Electronics 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
Operating Revenue	306.38	373.35	388.16	448.86	197.07	89.51
Other Revenue	0.42	0.42	0.39	-	-	0
Revenue	306.8	373.76	388.56	448.86	197.07	89.51
Revenue Growth (YoY)	-36.93%	-3.81%	-13.44%	127.77%	120.15%	-71.29%
Cost of Revenue	117.72	147.7	160.71	272.53	125.77	60.13
Gross Profit	189.08	226.07	227.85	176.34	71.3	29.38
Selling, General & Admin	79.78	77.75	63.65	41.17	24.44	14.86
Other Operating Expenses	61.02	59.53	49.87	45.51	30.11	21.28
Operating Expenses	148.22	144.22	120.6	93.8	59.64	41.68
Operating Income	40.86	81.85	107.25	82.54	11.66	-12.3
Interest Expense	-0.2	-0.22	-0.16	-0.13	-0.06	-0.01
Interest & Investment Income	3.47	3.47	1.06	0.16	0.41	0.77
Currency Exchange Gain (Loss)	0.73	0.73	0.93	0.86	-0.15	0.48
Other Non Operating Income (Expenses)	0.76	0.13	0.1	8.5	5.06	6.72
EBT Excluding Unusual Items	45.63	85.97	109.18	91.94	16.91	-4.34
Gain (Loss) on Sale of Assets	-0.51	-0.51	0.54	-	-	0.83
Asset Writedown	-27.93	-27.93	-	-	-	-
Other Unusual Items	-	-	-	-	-0.08	-
Pretax Income	17.2	57.54	109.72	91.94	16.83	-3.51
Income Tax Expense	5.68	15.87	26.93	24.51	3.7	-0.26
Net Income	11.52	41.67	82.8	67.43	13.13	-3.25
Net Income to Common	11.52	41.67	82.8	67.43	13.13	-3.25
Net Income Growth	-87.19%	-49.68%	22.79%	413.64%	-	-
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	22	22	22	22	22	22
Shares Change (YoY)	-0.16%	-	-	-	-	-
EPS (Basic)	0.53	1.91	3.80	3.09	0.60	-0.15
EPS (Diluted)	0.53	1.91	3.80	3.09	0.60	-0.15
EPS Growth	-87.19%	-49.69%	22.79%	413.64%	-	-
Free Cash Flow	19.66	22.99	36.71	-13.54	14.98	-14.04
Free Cash Flow Per Share	0.90	1.05	1.68	-0.62	0.69	-0.64
Dividend Per Share	-	-	-	0.025	-	-
Gross Margin	61.63%	60.48%	58.64%	39.28%	36.18%	32.82%
Operating Margin	13.32%	21.90%	27.60%	18.39%	5.92%	-13.74%
Profit Margin	3.75%	11.15%	21.31%	15.02%	6.66%	-3.63%
Free Cash Flow Margin	6.41%	6.15%	9.45%	-3.02%	7.60%	-15.68%
EBITDA	48.07	88.57	114.33	89.65	16.76	-6.75
EBITDA Margin	15.67%	23.70%	29.42%	19.97%	8.50%	-7.55%
D&A For EBITDA	7.21	6.72	7.09	7.11	5.1	5.54
EBIT	40.86	81.85	107.25	82.54	11.66	-12.3
EBIT Margin	13.32%	21.90%	27.60%	18.39%	5.92%	-13.74%
Effective Tax Rate	33.04%	27.58%	24.54%	26.66%	21.99%	-
Revenue as Reported	315.59	381.93	394.87	459.68	203.04	98.71
Advertising Expenses	-	32.76	19.81	15.4	0.16	-0.21

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