Sharda Motor Industries Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	31,749	28,366	28,093	26,999	22,553	17,365
Revenue	31,749	28,366	28,093	26,999	22,553	17,365
Revenue Growth (YoY)	13.79%	0.97%	4.05%	19.71%	29.87%	100.69%
Cost of Revenue	24,148	21,140	21,578	21,638	18,138	14,245
Gross Profit	7,601	7,226	6,515	5,361	4,416	3,120
Selling, General & Admin	1,589	1,481	1,331	985.02	924.29	817.81
Other Operating Expenses	1,920	1,756	1,559	1,520	1,210	1,010
Operating Expenses	4,136	3,819	3,415	2,967	2,540	2,268
Operating Income	3,465	3,407	3,100	2,394	1,876	852.57
Interest Expense	-56.94	-39.33	-22.08	-19.12	-14.75	-14.27
Interest & Investment Income	224.94	224.94	310.6	257.35	132.39	100.22
Earnings From Equity Investments	27.91	24.76	46.94	29.09	-122.8	-119.41
Currency Exchange Gain (Loss)	-25.25	-25.25	-11.01	-35.55	8.46	8.85
Other Non Operating Income (Expenses)	121.76	47.17	15.37	40.83	63.36	56.05
EBT Excluding Unusual Items	3,758	3,639	3,440	2,666	1,942	884
Gain (Loss) on Sale of Investments	362.25	362.25	207.43	30.64	-4.15	3.79
Gain (Loss) on Sale of Assets	177.03	177.03	268.68	85.4	91.15	45.59
Other Unusual Items	200.52	21.05	76.47	-	-	-
Pretax Income	4,498	4,200	3,992	2,782	2,029	933.39
Income Tax Expense	1,098	1,050	996.27	698.87	537.03	266.9
Net Income	3,399	3,149	2,996	2,083	1,492	666.49
Net Income to Common	3,399	3,149	2,996	2,083	1,492	666.49
Net Income Growth	6.47%	5.12%	43.80%	39.62%	123.88%	27.22%
Shares Outstanding (Basic)	58	58	59	59	59	59
Shares Outstanding (Diluted)	58	58	59	59	59	59
Shares Change (YoY)	-1.51%	-2.65%	-	-	-0.00%	0.01%
EPS (Basic)	58.73	54.40	50.38	35.04	25.09	11.21
EPS (Diluted)	58.72	54.40	50.38	35.03	25.09	11.21
EPS Growth	8.09%	7.97%	43.81%	39.62%	123.89%	27.22%
Free Cash Flow	-	1,782	2,964	-3,030	1,561	1,076
Free Cash Flow Per Share	-	30.79	49.85	-50.95	26.25	18.09
Dividend Per Share	-	16.250	4.960	8.635	4.075	1.315
Dividend Growth	-	227.62%	-42.56%	111.90%	209.89%	-
Gross Margin	23.94%	25.47%	23.19%	19.86%	19.58%	17.97%
Operating Margin	10.91%	12.01%	11.03%	8.87%	8.32%	4.91%
Profit Margin	10.71%	11.10%	10.66%	7.72%	6.62%	3.84%
Free Cash Flow Margin	-	6.28%	10.55%	-11.22%	6.92%	6.19%
EBITDA	4,053	3,957	3,600	2,833	2,268	1,281
EBITDA Margin	12.77%	13.95%	12.81%	10.49%	10.05%	7.38%
D&A For EBITDA	587.71	550.04	499.82	439.03	392.3	428.21
EBIT	3,465	3,407	3,100	2,394	1,876	852.57
EBIT Margin	10.91%	12.01%	11.03%	8.87%	8.32%	4.91%
Effective Tax Rate	24.42%	25.01%	24.96%	25.12%	26.46%	28.59%
Revenue as Reported	32,656	29,199	28,971	27,417	22,848	17,580

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