Steel Authority of India Limited (NSE: SAIL)

Steel Authority of 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	999,802	1,053,783	1,044,477	1,034,768	691,136	616,642
Revenue Growth (YoY)	-7.63%	0.89%	0.94%	49.72%	12.08%	-7.93%
Cost of Revenue	516,837	566,382	590,451	444,865	291,202	253,574
Gross Profit	482,965	487,401	454,026	589,903	399,935	363,068
Selling, General & Admin	114,493	117,682	120,768	128,747	104,773	88,140
Other Operating Expenses	259,083	256,414	243,135	245,355	167,381	169,772
Operating Expenses	427,403	426,880	413,538	416,853	313,182	295,469
Operating Income	55,561	60,521	40,489	173,051	86,753	67,598
Interest Expense	-26,455	-24,142	-18,877	-14,212	-27,952	-33,604
Interest & Investment Income	3,220	3,220	2,952	2,847	2,764	2,438
Earnings From Equity Investments	5,420	4,386	6,457	4,181	4,677	1,943
Currency Exchange Gain (Loss)	-1,812	-1,812	-9,639	-3,078	1,096	-3,449
Other Non Operating Income (Expenses)	1,616	4,275	1,054	992.8	3,256	3,586
EBT Excluding Unusual Items	37,552	46,449	22,435	163,782	70,594	38,512
Merger & Restructuring Charges	-	-	-	-	-1,037	-
Gain (Loss) on Sale of Investments	-	-	-	0.8	28.9	-46.3
Gain (Loss) on Sale of Assets	1,300	1,300	495	-217.1	-377.4	-494.3
Asset Writedown	-	-	-91	-	3,297	-7,718
Other Unusual Items	-6,099	-7,131	6,085	-646.6	-448.6	2,762
Pretax Income	32,753	40,618	28,924	162,919	72,057	33,016
Income Tax Expense	7,478	9,951	7,159	40,484	30,575	11,809
Earnings From Continuing Operations	25,275	30,667	21,765	122,435	41,481	21,207
Net Income	25,275	30,667	21,765	122,435	41,481	21,207
Net Income to Common	25,275	30,667	21,765	122,435	41,481	21,207
Net Income Growth	-21.49%	40.90%	-82.22%	195.16%	95.60%	-9.71%
Shares Outstanding (Basic)	4,133	4,131	4,131	4,131	4,131	4,131
Shares Outstanding (Diluted)	4,133	4,131	4,131	4,131	4,131	4,131
Shares Change (YoY)	0.14%	-	-	-	-	-
EPS (Basic)	6.12	7.42	5.27	29.64	10.04	5.13
EPS (Diluted)	6.12	7.42	5.27	29.64	10.04	5.13
EPS Growth	-21.60%	40.90%	-82.22%	195.16%	95.60%	-9.71%
Free Cash Flow	-70,707	-17,998	-92,118	273,212	198,754	-53,720
Free Cash Flow Per Share	-17.11	-4.36	-22.30	66.14	48.12	-13.01
Dividend Per Share	2.000	2.000	1.500	8.750	2.800	-
Dividend Growth	33.33%	33.33%	-82.86%	212.50%	-	-
Gross Margin	48.31%	46.25%	43.47%	57.01%	57.87%	58.88%
Operating Margin	5.56%	5.74%	3.88%	16.72%	12.55%	10.96%
Profit Margin	2.53%	2.91%	2.08%	11.83%	6.00%	3.44%
Free Cash Flow Margin	-7.07%	-1.71%	-8.82%	26.40%	28.76%	-8.71%
EBITDA	104,916	108,831	86,080	213,451	125,094	103,053
EBITDA Margin	10.49%	10.33%	8.24%	20.63%	18.10%	16.71%
D&A For EBITDA	49,354	48,310	45,592	40,400	38,341	35,455
EBIT	55,561	60,521	40,489	173,051	86,753	67,598
EBIT Margin	5.56%	5.74%	3.88%	16.72%	12.55%	10.96%
Effective Tax Rate	22.83%	24.50%	24.75%	24.85%	42.43%	35.77%
Revenue as Reported	1,007,813	1,064,453	1,053,981	1,043,354	699,743	625,700

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