UTI Asset Management Company Limited (NSE: UTIAMC)

UTIAMC 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	12,498	11,953	11,444	11,303	8,168	7,954
Other Revenue	5,486	5,417	1,225	1,888	3,517	849.2
Revenue	17,984	17,370	12,669	13,191	11,685	8,803
Revenue Growth (YoY)	24.76%	37.11%	-3.96%	12.88%	32.74%	-17.77%
Cost of Revenue	4,691	4,617	4,349	4,248	3,975	3,587
Gross Profit	13,294	12,752	8,319	8,943	7,710	5,217
Selling, General & Admin	269.7	268.4	269.8	243.7	134.6	197.8
Other Operating Expenses	2,167	2,140	1,929	1,718	1,073	1,239
Operating Expenses	2,875	2,831	2,598	2,330	1,565	1,772
Operating Income	10,419	9,921	5,721	6,613	6,145	3,444
Interest Expense	-118.9	-112.7	-95.5	-91.8	-80.6	-93.5
Interest & Investment Income	0.1	0.1	0.5	0.5	0.3	0.5
Currency Exchange Gain (Loss)	4.6	4.6	103.7	46.8	-76.3	42.5
Other Non Operating Income (Expenses)	102.2	65	128.1	34.6	42.7	21.2
EBT Excluding Unusual Items	10,407	9,878	5,858	6,603	6,031	3,415
Gain (Loss) on Sale of Assets	-9.7	-9.7	-1.6	-0.9	-0.5	-1.8
Pretax Income	10,397	9,868	5,856	6,602	6,030	3,413
Income Tax Expense	1,978	1,848	1,459	1,256	1,087	663.8
Earnings From Continuing Operations	8,419	8,020	4,397	5,346	4,943	2,749
Net Income to Company	8,419	8,020	4,397	5,346	4,943	2,749
Minority Interest in Earnings	-564.8	-363.5	-23.2	-3	-1.9	-34.6
Net Income	7,854	7,657	4,374	5,343	4,941	2,715
Net Income to Common	7,854	7,657	4,374	5,343	4,941	2,715
Net Income Growth	35.36%	75.07%	-18.14%	8.13%	82.03%	-23.06%
Shares Outstanding (Basic)	127	127	127	127	127	127
Shares Outstanding (Diluted)	127	127	127	127	127	127
Shares Change (YoY)	0.31%	0.16%	-0.24%	0.39%	-	0.01%
EPS (Basic)	61.76	60.24	34.46	42.14	38.97	21.41
EPS (Diluted)	61.69	60.22	34.44	41.96	38.97	21.41
EPS Growth	34.99%	74.85%	-17.92%	7.67%	82.03%	-23.07%
Free Cash Flow	-	1,785	2,865	2,530	1,261	1,358
Free Cash Flow Per Share	-	14.04	22.56	19.87	9.94	10.71
Dividend Per Share	-	24.000	22.000	21.000	17.000	7.000
Dividend Growth	-	9.09%	4.76%	23.53%	142.86%	40.00%
Gross Margin	73.92%	73.42%	65.67%	67.79%	65.98%	59.26%
Operating Margin	57.94%	57.12%	45.16%	50.13%	52.59%	39.12%
Profit Margin	43.67%	44.08%	34.52%	40.50%	42.29%	30.84%
Free Cash Flow Margin	-	10.28%	22.61%	19.18%	10.79%	15.42%
EBITDA	10,637	10,128	5,885	6,750	6,276	3,588
EBITDA Margin	59.14%	58.31%	46.46%	51.17%	53.70%	40.76%
D&A For EBITDA	217.4	206.8	164.4	137.5	130.8	144.2
EBIT	10,419	9,921	5,721	6,613	6,145	3,444
EBIT Margin	57.94%	57.12%	45.16%	50.13%	52.59%	39.12%
Effective Tax Rate	19.03%	18.73%	24.92%	19.02%	18.03%	19.45%
Revenue as Reported	18,091	17,439	12,901	13,273	11,728	8,900
Advertising Expenses	-	224.4	219.9	198	98.5	146.8

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