Sandhar Technologies Limited (NSE:SANDHAR)

Sandhar Technologies 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
Revenue	43,482	38,845	35,211	29,089	23,237	18,636
Revenue Growth (YoY)	17.39%	10.32%	21.05%	25.18%	24.69%	-4.11%
Cost of Revenue	27,785	24,463	22,027	18,702	14,522	11,173
Gross Profit	15,697	14,382	13,184	10,387	8,716	7,462
Selling, General & Admin	5,778	5,387	4,856	3,882	3,205	2,800
Other Operating Expenses	5,899	5,135	4,918	4,003	3,451	2,778
Operating Expenses	13,493	12,228	11,310	9,101	7,656	6,518
Operating Income	2,204	2,153	1,874	1,286	1,060	944.59
Interest Expense	-604.88	-539.59	-491.35	-340.47	-160.38	-141.98
Interest & Investment Income	37.04	37.04	22.43	11.32	11.28	31.52
Earnings From Equity Investments	97.25	96.99	39.46	-28.08	-127.16	-111.99
Currency Exchange Gain (Loss)	-26.94	-26.94	-0.92	-10.6	7.05	0.35
Other Non Operating Income (Expenses)	526.37	63.93	30.19	56.71	21.57	45.54
EBT Excluding Unusual Items	2,233	1,785	1,474	975.11	812.32	768.03
Gain (Loss) on Sale of Investments	11.38	11.38	29.87	5.14	7.44	7.4
Gain (Loss) on Sale of Assets	26.5	26.5	-2.75	34.44	5.3	4.73
Other Unusual Items	23.17	23.17	1.12	-11.05	-10.63	-
Pretax Income	2,294	1,846	1,502	1,004	814.42	780.15
Income Tax Expense	554.51	429.51	399.45	268.07	255.13	201.82
Earnings From Continuing Operations	1,739	1,416	1,103	735.57	559.29	578.34
Minority Interest in Earnings	-	-	-4.83	-5.88	-2.01	-0.8
Net Income	1,739	1,416	1,098	729.69	557.29	577.54
Net Income to Common	1,739	1,416	1,098	729.69	557.29	577.54
Net Income Growth	33.63%	29.03%	50.44%	30.94%	-3.51%	1.51%
Shares Outstanding (Basic)	60	60	60	60	60	60
Shares Outstanding (Diluted)	60	60	60	60	60	60
Shares Change (YoY)	-0.34%	-	-	-	-	-
EPS (Basic)	28.89	23.53	18.24	12.12	9.26	9.60
EPS (Diluted)	28.89	23.53	18.24	12.12	9.26	9.60
EPS Growth	34.07%	29.01%	50.44%	30.94%	-3.51%	1.51%
Free Cash Flow	-1,960	-692.08	375.91	512.52	-2,484	467.56
Free Cash Flow Per Share	-32.56	-11.50	6.25	8.52	-41.27	7.77
Dividend Per Share	-	3.500	3.250	2.500	2.250	2.250
Dividend Growth	-	7.69%	30.00%	11.11%	-	12.50%
Gross Margin	36.10%	37.02%	37.44%	35.71%	37.51%	40.04%
Operating Margin	5.07%	5.54%	5.32%	4.42%	4.56%	5.07%
Profit Margin	4.00%	3.65%	3.12%	2.51%	2.40%	3.10%
Free Cash Flow Margin	-4.51%	-1.78%	1.07%	1.76%	-10.69%	2.51%
EBITDA	3,787	3,627	3,186	2,323	1,913	1,733
EBITDA Margin	8.71%	9.34%	9.05%	7.99%	8.23%	9.30%
D&A For EBITDA	1,583	1,473	1,312	1,037	853.38	788.09
EBIT	2,204	2,153	1,874	1,286	1,060	944.59
EBIT Margin	5.07%	5.54%	5.32%	4.42%	4.56%	5.07%
Effective Tax Rate	24.17%	23.27%	26.59%	26.71%	31.33%	25.87%
Revenue as Reported	44,110	39,010	35,319	29,214	23,307	18,743
Advertising Expenses	-	2.62	0.92	1.3	0.37	0.18

Source: S&P Global Market Intelligence. Standard template. Financial Sources.