Windlas Biotech 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	2018 - 2020
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	2018 - 2020
Revenue	8,302	7,599	6,310	5,131	4,659	4,276	Upgrade
Revenue Growth (YoY)	19.34%	20.43%	22.97%	10.12%	8.96%	30.03%	Upgrade
Cost of Revenue	5,156	4,748	4,004	3,296	3,079	2,791	Upgrade
Gross Profit	3,146	2,851	2,305	1,835	1,581	1,485	Upgrade
Selling, General & Admin	1,364	1,265	927.74	736.88	656.86	596.43	Upgrade
Other Operating Expenses	725.54	640.8	595.94	495.85	399.53	324.41	Upgrade
Operating Expenses	2,393	2,186	1,658	1,356	1,178	1,050	Upgrade
Operating Income	753.11	664.94	647.28	478.7	402.76	434.14	Upgrade
Interest Expense	-48.61	-43.82	-11.05	-7.88	-14.17	-12.9	Upgrade
Interest & Investment Income	15.45	15.45	19.69	34.9	42.85	19.21	Upgrade
Earnings From Equity Investments	-	-	-	-	-	-1.73	Upgrade
Currency Exchange Gain (Loss)	4.88	4.88	3.23	3.82	4.77	1.03	Upgrade
Other Non Operating Income (Expenses)	4.35	5.25	3.49	4.35	0.77	1.98	Upgrade
EBT Excluding Unusual Items	729.18	646.7	662.64	513.89	436.98	441.73	Upgrade
Impairment of Goodwill	-	-	-	-	-	-272.64	Upgrade
Gain (Loss) on Sale of Investments	150.79	150.79	108.21	47.82	18.57	62.22	Upgrade
Gain (Loss) on Sale of Assets	0.09	0.09	0.06	8.76	0.1	0.09	Upgrade
Asset Writedown	-	-	-	-0.08	-	-14	Upgrade
Pretax Income	880.06	797.58	770.91	570.39	455.65	217.4	Upgrade
Income Tax Expense	206.85	187.64	189.04	144.13	74.76	61.7	Upgrade
Earnings From Continuing Operations	673.21	609.94	581.87	426.26	380.89	155.7	Upgrade
Minority Interest in Earnings	-	-	-	-	-	2.62	Upgrade
Net Income	673.21	609.94	581.87	426.26	380.89	158.32	Upgrade
Net Income to Common	673.21	609.94	581.87	426.26	380.89	158.32	Upgrade
Net Income Growth	9.95%	4.82%	36.51%	11.91%	140.58%	-2.35%	Upgrade
Shares Outstanding (Basic)	21	21	21	22	20	18	Upgrade
Shares Outstanding (Diluted)	21	21	21	22	20	18	Upgrade
Shares Change (YoY)	1.08%	1.22%	-3.53%	5.56%	12.58%	-	Upgrade
EPS (Basic)	32.13	29.19	27.97	19.70	18.58	8.70	Upgrade
EPS (Diluted)	31.73	28.87	27.88	19.70	18.58	8.70	Upgrade
EPS Growth	8.76%	3.55%	41.52%	6.03%	113.68%	-2.30%	Upgrade
Free Cash Flow	439.97	159.93	712.76	-99.25	-56.74	56.07	Upgrade
Free Cash Flow Per Share	20.74	7.57	34.15	-4.59	-2.77	3.08	Upgrade
Dividend Per Share	-	5.800	5.500	4.000	3.500	-	Upgrade
Dividend Growth	-	5.46%	37.50%	14.29%	-	-	Upgrade
Gross Margin	37.89%	37.52%	36.54%	35.77%	33.92%	34.72%	Upgrade
Operating Margin	9.07%	8.75%	10.26%	9.33%	8.64%	10.15%	Upgrade
Profit Margin	8.11%	8.03%	9.22%	8.31%	8.18%	3.70%	Upgrade
Free Cash Flow Margin	5.30%	2.10%	11.30%	-1.93%	-1.22%	1.31%	Upgrade
EBITDA	1,021	909.63	762.1	586.88	515.48	552.26	Upgrade
EBITDA Margin	12.30%	11.97%	12.08%	11.44%	11.06%	12.91%	Upgrade
D&A For EBITDA	268.03	244.69	114.82	108.18	112.72	118.12	Upgrade
EBIT	753.11	664.94	647.28	478.7	402.76	434.14	Upgrade
EBIT Margin	9.07%	8.75%	10.26%	9.33%	8.64%	10.15%	Upgrade
Effective Tax Rate	23.50%	23.53%	24.52%	25.27%	16.41%	28.38%	Upgrade
Revenue as Reported	8,481	7,779	6,444	5,230	4,726	4,307	Upgrade
Advertising Expenses	-	27.87	48.32	29.75	18.4	12.79	Upgrade

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