Rail Vikas Nigam Limited (NSE: RVNL)

Rail Vikas Nigam 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
Operating Revenue	203,915	218,892	202,816	193,817	154,038	145,306
Revenue	203,915	218,892	202,816	193,817	154,038	145,306
Revenue Growth (YoY)	-3.87%	7.93%	4.64%	25.82%	6.01%	44.31%
Cost of Revenue	188,395	201,819	187,200	179,024	142,294	134,158
Gross Profit	15,520	17,074	15,616	14,794	11,744	11,148
Selling, General & Admin	1,893	1,889	2,159	2,185	2,184	2,210
Other Operating Expenses	-10,082	-10,199	988.8	777.3	761	1,073
Operating Expenses	-7,966	-8,101	3,371	3,172	3,174	3,486
Operating Income	23,485	25,175	12,245	11,622	8,569	7,662
Interest Expense	-5,598	-5,685	-5,814	-5,637	-4,581	-998.5
Interest & Investment Income	-	-	4,280	2,346	2,231	2,745
Earnings From Equity Investments	986.6	1,049	1,586	309.1	687.2	-132.3
Other Non Operating Income (Expenses)	-186.6	-	5,685	5,656	4,661	300.7
EBT Excluding Unusual Items	18,687	20,539	17,981	14,296	11,567	9,577
Other Unusual Items	-	-	-	-	500	-
Pretax Income	18,687	20,539	17,981	14,296	12,067	9,577
Income Tax Expense	4,134	4,794	3,776	3,195	2,151	2,010
Earnings From Continuing Operations	14,553	15,745	14,206	11,101	9,916	7,567
Minority Interest in Earnings	0.2	-1.7	-	-	-	-
Net Income	14,553	15,743	14,206	11,101	9,916	7,567
Net Income to Common	14,553	15,743	14,206	11,101	9,916	7,567
Net Income Growth	-0.71%	10.82%	27.96%	11.96%	31.05%	10.02%
Shares Outstanding (Basic)	2,089	2,085	2,085	2,085	2,085	2,085
Shares Outstanding (Diluted)	2,089	2,085	2,085	2,085	2,085	2,085
Shares Change (YoY)	0.18%	0.01%	-	-	0.00%	-0.00%
EPS (Basic)	6.97	7.55	6.81	5.32	4.76	3.63
EPS (Diluted)	6.97	7.55	6.81	5.32	4.76	3.63
EPS Growth	-0.89%	10.87%	28.01%	11.87%	31.05%	10.02%
Free Cash Flow	-	26,140	-41,374	46,771	2,765	-9,792
Free Cash Flow Per Share	-	12.54	-19.84	22.43	1.33	-4.70
Dividend Per Share	-	2.110	2.130	1.830	1.580	1.140
Dividend Growth	-	-0.94%	16.39%	15.82%	38.60%	1166.67%
Gross Margin	7.61%	7.80%	7.70%	7.63%	7.62%	7.67%
Operating Margin	11.52%	11.50%	6.04%	6.00%	5.56%	5.27%
Profit Margin	7.14%	7.19%	7.00%	5.73%	6.44%	5.21%
Free Cash Flow Margin	-	11.94%	-20.40%	24.13%	1.79%	-6.74%
EBITDA	23,936	25,552	12,329	11,710	8,651	7,694
EBITDA Margin	11.74%	11.67%	6.08%	6.04%	5.62%	5.29%
D&A For EBITDA	451.2	377.8	84.2	88	81.5	31.8
EBIT	23,485	25,175	12,245	11,622	8,569	7,662
EBIT Margin	11.52%	11.50%	6.04%	6.00%	5.56%	5.27%
Effective Tax Rate	22.12%	23.34%	21.00%	22.35%	17.83%	20.99%
Revenue as Reported	215,584	230,748	212,780	201,820	161,430	147,763
Advertising Expenses	-	-	162	62.9	37.5	67.4

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