Engro Fertilizers Income Statement

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	2017 - 2013
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	2017 - 2013
Revenue	194,672	157,017	132,363	105,846	121,355	109,197	Upgrade
Revenue Growth (YoY)	29.35%	18.63%	25.05%	-12.78%	11.13%	41.58%	Upgrade
Cost of Revenue	140,977	114,206	88,300	71,670	81,815	73,880	Upgrade
Gross Profit	53,695	42,811	44,063	34,176	39,540	35,316	Upgrade
Selling, General & Admin	14,411	12,066	10,402	10,297	9,982	9,486	Upgrade
Other Operating Expenses	2,329	1,879	2,566	1,894	2,622	1,520	Upgrade
Operating Expenses	16,741	13,945	12,968	12,191	12,604	11,007	Upgrade
Operating Income	36,954	28,866	31,095	21,985	26,936	24,310	Upgrade
Interest Expense	-2,432	-2,435	-1,525	-3,190	-	-2,070	Upgrade
Interest & Investment Income	2,260	1,838	1,631	1,439	-	-	Upgrade
Currency Exchange Gain (Loss)	-831.48	-831.48	-77.57	-46.44	-	-	Upgrade
Other Non Operating Income (Expenses)	-350.89	-349.79	-398.51	-1,024	425.27	2,025	Upgrade
EBT Excluding Unusual Items	35,600	27,088	30,726	19,164	27,361	24,264	Upgrade
Gain (Loss) on Sale of Assets	403.39	313.79	-27.7	13.24	-	-	Upgrade
Asset Writedown	-	-	-64.64	-	-	-	Upgrade
Other Unusual Items	-778.18	-839.94	-742.98	2,121	-	-	Upgrade
Pretax Income	35,225	26,562	29,890	21,298	27,361	24,264	Upgrade
Income Tax Expense	13,772	10,558	8,798	3,165	10,526	6,869	Upgrade
Earnings From Continuing Operations	21,453	16,003	21,093	18,133	16,835	17,396	Upgrade
Earnings From Discontinued Operations	-	-	-	-	36.19	17.94	Upgrade
Net Income	21,453	16,003	21,093	18,133	16,871	17,414	Upgrade
Net Income to Common	21,453	16,003	21,093	18,133	16,871	17,414	Upgrade
Net Income Growth	36.07%	-24.13%	16.32%	7.48%	-3.11%	56.10%	Upgrade
Shares Outstanding (Basic)	1,336	1,335	1,335	1,335	1,335	1,335	Upgrade
Shares Outstanding (Diluted)	1,336	1,335	1,335	1,335	1,335	1,335	Upgrade
Shares Change (YoY)	0.10%	-	-	-	-	0.07%	Upgrade
EPS (Basic)	16.06	11.98	15.80	13.58	12.63	13.04	Upgrade
EPS (Diluted)	16.06	11.98	15.80	13.58	12.63	13.04	Upgrade
EPS Growth	35.93%	-24.13%	16.32%	7.48%	-3.11%	56.00%	Upgrade
Free Cash Flow	48,633	23,257	5,814	46,206	17,970	18,910	Upgrade
Free Cash Flow Per Share	36.41	17.42	4.35	34.60	13.46	14.16	Upgrade
Dividend Per Share	17.500	13.500	16.500	13.000	13.000	11.000	Upgrade
Dividend Growth	29.63%	-18.18%	26.92%	0%	18.18%	29.41%	Upgrade
Gross Margin	27.58%	27.27%	33.29%	32.29%	32.58%	32.34%	Upgrade
Operating Margin	18.98%	18.38%	23.49%	20.77%	22.20%	22.26%	Upgrade
Profit Margin	11.02%	10.19%	15.94%	17.13%	13.90%	15.95%	Upgrade
Free Cash Flow Margin	24.98%	14.81%	4.39%	43.65%	14.81%	17.32%	Upgrade
EBITDA	40,687	32,127	33,984	27,226	32,543	29,481	Upgrade
EBITDA Margin	20.90%	20.46%	25.68%	25.72%	26.82%	27.00%	Upgrade
D&A For EBITDA	3,733	3,262	2,889	5,241	5,606	5,171	Upgrade
EBIT	36,954	28,866	31,095	21,985	26,936	24,310	Upgrade
EBIT Margin	18.98%	18.38%	23.49%	20.77%	22.20%	22.26%	Upgrade
Effective Tax Rate	39.10%	39.75%	29.43%	14.86%	38.47%	28.31%	Upgrade

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