Azad Engineering Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	3,408	2,517	1,945	1,227
Revenue Growth (YoY)	35.40%	29.42%	58.46%	-
Cost of Revenue	486.66	323.4	216.74	146.89
Gross Profit	2,921	2,193	1,728	1,080
Selling, General & Admin	758.93	607.04	468.82	328.51
Other Operating Expenses	996.24	831.74	634.84	470.27
Operating Expenses	1,960	1,605	1,237	887.51
Operating Income	960.58	588.74	491.13	192.81
Interest Expense	-327.41	-413.19	-106.1	-44.62
Interest & Investment Income	14.6	27.1	7.91	10.89
Currency Exchange Gain (Loss)	24.27	60.11	-1.59	10.95
Other Non Operating Income (Expenses)	-123.56	-42.86	-28.87	-7.67
EBT Excluding Unusual Items	548.48	219.9	362.48	162.36
Gain (Loss) on Sale of Assets	98.03	-	14.42	-
Other Unusual Items	161.35	-88.31	24.44	-
Pretax Income	807.86	131.59	401.34	162.36
Income Tax Expense	222.06	46.86	106.77	47.36
Net Income	585.8	84.73	294.57	115
Net Income to Common	585.8	84.73	294.57	115
Net Income Growth	591.37%	-71.24%	156.15%	-
Shares Outstanding (Basic)	52	47	45	45
Shares Outstanding (Diluted)	52	47	45	45
Shares Change (YoY)	10.57%	4.20%	-	-
EPS (Basic)	11.20	1.79	6.49	2.53
EPS (Diluted)	11.20	1.79	6.49	2.53
EPS Growth	525.26%	-72.39%	156.48%	-
Free Cash Flow	-822.89	-958.31	-962.08	-156.11
Free Cash Flow Per Share	-15.73	-20.26	-21.19	-3.44
Gross Margin	85.72%	87.15%	88.85%	88.03%
Operating Margin	28.19%	23.39%	25.25%	15.71%
Profit Margin	17.19%	3.37%	15.15%	9.37%
Free Cash Flow Margin	-24.15%	-38.08%	-49.47%	-12.72%
EBITDA	1,166	754.57	624.27	281.54
EBITDA Margin	34.21%	29.98%	32.10%	22.94%
D&A For EBITDA	205.3	165.83	133.14	88.73
EBIT	960.58	588.74	491.13	192.81
EBIT Margin	28.19%	23.39%	25.25%	15.71%
Effective Tax Rate	27.49%	35.61%	26.60%	29.17%
Revenue as Reported	3,728	2,615	1,993	1,250
Advertising Expenses	5.16	6.34	0.94	2

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.