SP Refractories 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	Sep '25 Sep 30, 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	321.46	302.54	288.11	272.36	315.16	256.95
Other Revenue	0	-	-	-	-	-
Revenue	321.46	302.54	288.11	272.36	315.16	256.95
Revenue Growth (YoY)	9.78%	5.01%	5.78%	-13.58%	22.65%	22.42%
Cost of Revenue	190.6	190.87	192.68	210.83	228.8	194.68
Gross Profit	130.86	111.67	95.43	61.53	86.36	62.27
Selling, General & Admin	36.86	34.33	25.28	18.61	23.23	19.45
Other Operating Expenses	43.17	42.03	41.17	28.1	43.23	28.16
Operating Expenses	84.11	80.36	69.72	49.15	68.71	49.97
Operating Income	46.76	31.31	25.71	12.38	17.66	12.3
Interest Expense	-2.7	-3.44	-4.25	-4.1	-4.08	-2.07
Interest & Investment Income	0.06	0.06	0.03	0.04	0.07	0.23
Other Non Operating Income (Expenses)	0.02	-	0	0	-0.01	-0.01
EBT Excluding Unusual Items	44.14	27.93	21.49	8.32	13.63	10.46
Pretax Income	44.14	27.93	21.68	8.32	13.63	10.46
Income Tax Expense	10.99	7.03	6.1	2.16	3.79	2.92
Net Income	33.15	20.91	15.59	6.16	9.85	7.53
Net Income to Common	33.15	20.91	15.59	6.16	9.85	7.53
Net Income Growth	86.17%	34.13%	153.14%	-37.46%	30.66%	88.70%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-0.00%	-	-	19.30%	-10.71%	12.60%
EPS (Basic)	18.52	11.68	8.71	3.44	6.56	4.49
EPS (Diluted)	18.52	11.68	8.71	3.44	6.56	4.49
EPS Growth	86.15%	34.10%	153.19%	-47.59%	46.33%	67.58%
Free Cash Flow	3.5	11.09	4.36	-13.29	-23.33	-7.88
Free Cash Flow Per Share	1.95	6.20	2.43	-7.43	-15.55	-4.69
Gross Margin	40.71%	36.91%	33.12%	22.59%	27.40%	24.23%
Operating Margin	14.54%	10.35%	8.92%	4.54%	5.60%	4.79%
Profit Margin	10.31%	6.91%	5.41%	2.26%	3.12%	2.93%
Free Cash Flow Margin	1.09%	3.67%	1.51%	-4.88%	-7.40%	-3.07%
EBITDA	50.83	35.31	28.99	14.81	19.9	14.67
EBITDA Margin	15.81%	11.67%	10.06%	5.44%	6.31%	5.71%
D&A For EBITDA	4.08	4	3.27	2.43	2.24	2.37
EBIT	46.76	31.31	25.71	12.38	17.66	12.3
EBIT Margin	14.54%	10.35%	8.92%	4.54%	5.60%	4.79%
Effective Tax Rate	24.90%	25.16%	28.12%	26.00%	27.78%	27.93%
Revenue as Reported	321.55	302.6	288.37	272.43	315.27	257.25
Advertising Expenses	-	0.02	0.03	0.04	0.07	-

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