Welspun Living Limited (NSE: WELSPUNLIV)

Welspun Living 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
Operating Revenue	103,957	96,792	80,938	93,115	73,402	67,411
Other Revenue	-	-	15.3	15.3	-	-
Revenue	103,957	96,792	80,953	93,130	73,402	67,411
Revenue Growth (YoY)	19.25%	19.57%	-13.08%	26.88%	8.89%	3.29%
Cost of Revenue	56,408	51,861	45,889	51,764	36,640	33,692
Gross Profit	47,549	44,932	35,064	41,366	36,762	33,719
Selling, General & Admin	13,002	12,094	9,868	10,068	9,125	9,145
Other Operating Expenses	20,510	19,080	17,212	17,520	13,998	12,039
Operating Expenses	37,302	35,119	31,506	31,794	27,664	26,042
Operating Income	10,246	9,813	3,558	9,572	9,098	7,677
Interest Expense	-1,650	-1,264	-1,031	-915.6	-1,390	-1,268
Interest & Investment Income	478.9	478.9	568.5	279.4	268.8	84.14
Earnings From Equity Investments	3.6	1.1	0.5	1.3	0.62	-
Currency Exchange Gain (Loss)	67.8	63.5	-382.8	-85.1	-69.18	393.43
Other Non Operating Income (Expenses)	971	439.8	133.5	-110.3	-190.86	-377.97
EBT Excluding Unusual Items	10,118	9,532	2,846	8,742	7,718	6,508
Impairment of Goodwill	-	-	-	-	-	-28.11
Gain (Loss) on Sale of Investments	75.9	75.9	4.6	-1.2	62.58	-256.07
Gain (Loss) on Sale of Assets	9.2	9.2	97	-24.2	24.12	104.96
Other Unusual Items	2.6	2.6	11.2	13.6	-117.18	412.89
Pretax Income	10,255	9,670	3,019	8,730	7,687	6,944
Income Tax Expense	3,276	2,942	994	2,663	2,179	1,700
Earnings From Continuing Operations	6,980	6,727	2,025	6,067	5,508	5,244
Minority Interest in Earnings	113.4	83.6	-36.8	-55.4	-111.2	-169.82
Net Income	7,093	6,811	1,988	6,012	5,397	5,074
Net Income to Common	7,093	6,811	1,988	6,012	5,397	5,074
Net Income Growth	34.82%	242.55%	-66.93%	11.40%	6.37%	141.80%
Shares Outstanding (Basic)	960	965	984	993	1,005	1,005
Shares Outstanding (Diluted)	961	965	984	993	1,005	1,005
Shares Change (YoY)	-0.62%	-1.96%	-0.86%	-1.19%	-	0.00%
EPS (Basic)	7.39	7.06	2.02	6.06	5.37	5.05
EPS (Diluted)	7.38	7.06	2.02	6.06	5.37	5.05
EPS Growth	35.70%	249.50%	-66.64%	12.77%	6.34%	141.80%
Free Cash Flow	-266.5	2,574	4,809	570	5,037	2,593
Free Cash Flow Per Share	-0.28	2.67	4.89	0.57	5.01	2.58
Dividend Per Share	0.100	0.100	0.100	0.150	0.150	1.000
Dividend Growth	-	0%	-33.33%	0%	-85.00%	233.33%
Gross Margin	45.74%	46.42%	43.31%	44.42%	50.08%	50.02%
Operating Margin	9.86%	10.14%	4.39%	10.28%	12.39%	11.39%
Profit Margin	6.82%	7.04%	2.46%	6.46%	7.35%	7.53%
Free Cash Flow Margin	-0.26%	2.66%	5.94%	0.61%	6.86%	3.85%
EBITDA	13,636	13,359	7,574	13,397	13,223	12,028
EBITDA Margin	13.12%	13.80%	9.36%	14.39%	18.01%	17.84%
D&A For EBITDA	3,390	3,546	4,016	3,825	4,125	4,351
EBIT	10,246	9,813	3,558	9,572	9,098	7,677
EBIT Margin	9.86%	10.14%	4.39%	10.28%	12.39%	11.39%
Effective Tax Rate	31.94%	30.43%	32.92%	30.50%	28.35%	24.49%
Revenue as Reported	105,951	98,251	82,151	93,773	74,080	68,362
Advertising Expenses	-	1,306	1,234	1,014	738.74	1,116

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