Bharat Seats Ltd
BSE:523229
Income Statement
Earnings Waterfall
Bharat Seats Ltd
Revenue
|
10.8B
INR
|
Cost of Revenue
|
-9.1B
INR
|
Gross Profit
|
1.7B
INR
|
Operating Expenses
|
-1.4B
INR
|
Operating Income
|
360.2m
INR
|
Other Expenses
|
-116.7m
INR
|
Net Income
|
243.5m
INR
|
Income Statement
Bharat Seats Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
5 613
N/A
|
5 600
0%
|
5 799
+4%
|
6 230
+7%
|
6 588
+6%
|
6 939
+5%
|
7 312
+5%
|
7 672
+5%
|
7 849
+2%
|
7 931
+1%
|
8 074
+2%
|
8 451
+5%
|
8 793
+4%
|
9 478
+8%
|
10 076
+6%
|
10 261
+2%
|
10 153
-1%
|
10 014
-1%
|
9 848
-2%
|
9 852
+0%
|
9 702
-2%
|
9 036
-7%
|
8 350
-8%
|
7 194
-14%
|
6 603
-8%
|
5 886
-11%
|
4 399
-25%
|
4 395
0%
|
4 718
+7%
|
5 477
+16%
|
6 943
+27%
|
7 353
+6%
|
7 563
+3%
|
8 176
+8%
|
8 971
+10%
|
9 969
+11%
|
10 186
+2%
|
10 510
+3%
|
10 561
+0%
|
10 513
0%
|
10 821
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 892)
|
(4 965)
|
(5 017)
|
(5 400)
|
(5 718)
|
(6 032)
|
(6 384)
|
(6 722)
|
(6 913)
|
(7 004)
|
(7 133)
|
(7 488)
|
(7 791)
|
(8 423)
|
(8 934)
|
(8 976)
|
(8 790)
|
(8 534)
|
(8 271)
|
(8 252)
|
(8 087)
|
(7 627)
|
(6 815)
|
(5 763)
|
(5 216)
|
(4 722)
|
(3 449)
|
(3 486)
|
(3 766)
|
(4 535)
|
(5 718)
|
(6 151)
|
(6 425)
|
(7 076)
|
(7 700)
|
(8 571)
|
(8 718)
|
(9 123)
|
(8 985)
|
(8 852)
|
(9 090)
|
|
Gross Profit |
721
N/A
|
635
-12%
|
782
+23%
|
831
+6%
|
870
+5%
|
907
+4%
|
928
+2%
|
950
+2%
|
936
-2%
|
927
-1%
|
942
+2%
|
963
+2%
|
1 002
+4%
|
1 055
+5%
|
1 142
+8%
|
1 285
+13%
|
1 363
+6%
|
1 479
+9%
|
1 577
+7%
|
1 600
+1%
|
1 616
+1%
|
1 409
-13%
|
1 535
+9%
|
1 431
-7%
|
1 387
-3%
|
1 164
-16%
|
950
-18%
|
909
-4%
|
953
+5%
|
941
-1%
|
1 225
+30%
|
1 202
-2%
|
1 137
-5%
|
1 101
-3%
|
1 271
+15%
|
1 398
+10%
|
1 467
+5%
|
1 387
-5%
|
1 576
+14%
|
1 662
+5%
|
1 732
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(574)
|
(484)
|
(627)
|
(666)
|
(710)
|
(743)
|
(771)
|
(788)
|
(796)
|
(794)
|
(805)
|
(809)
|
(826)
|
(854)
|
(902)
|
(943)
|
(976)
|
(1 020)
|
(1 077)
|
(1 166)
|
(1 227)
|
(1 108)
|
(1 291)
|
(1 244)
|
(1 206)
|
(1 025)
|
(1 014)
|
(963)
|
(947)
|
(848)
|
(1 006)
|
(1 017)
|
(1 012)
|
(948)
|
(1 071)
|
(1 139)
|
(1 186)
|
(1 079)
|
(1 269)
|
(1 325)
|
(1 372)
|
|
Selling, General & Administrative |
(113)
|
(143)
|
(120)
|
(126)
|
(134)
|
(148)
|
(158)
|
(166)
|
(177)
|
(629)
|
(193)
|
(201)
|
(203)
|
(683)
|
(217)
|
(228)
|
(236)
|
(829)
|
(261)
|
(277)
|
(298)
|
(777)
|
(324)
|
(325)
|
(324)
|
(683)
|
(288)
|
(274)
|
(266)
|
(551)
|
(274)
|
(297)
|
(316)
|
(719)
|
(376)
|
(389)
|
(402)
|
(858)
|
(413)
|
(422)
|
(433)
|
|
Research & Development |
0
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(129)
|
(135)
|
(143)
|
(152)
|
(158)
|
(164)
|
(168)
|
(168)
|
(167)
|
(165)
|
(166)
|
(166)
|
(167)
|
(171)
|
(175)
|
(181)
|
(185)
|
(191)
|
(195)
|
(198)
|
(204)
|
(206)
|
(215)
|
(222)
|
(225)
|
(225)
|
(215)
|
(203)
|
(192)
|
(180)
|
(176)
|
(174)
|
(173)
|
(176)
|
(175)
|
(173)
|
(171)
|
(171)
|
(181)
|
(202)
|
(223)
|
|
Other Operating Expenses |
(333)
|
(198)
|
(364)
|
(387)
|
(418)
|
(430)
|
(445)
|
(454)
|
(452)
|
0
|
(446)
|
(443)
|
(456)
|
0
|
(509)
|
(534)
|
(555)
|
0
|
(621)
|
(691)
|
(725)
|
(91)
|
(752)
|
(697)
|
(657)
|
(81)
|
(511)
|
(485)
|
(490)
|
(70)
|
(556)
|
(546)
|
(523)
|
(45)
|
(520)
|
(578)
|
(613)
|
(40)
|
(675)
|
(701)
|
(716)
|
|
Operating Income |
147
N/A
|
151
+3%
|
155
+3%
|
165
+6%
|
160
-3%
|
164
+3%
|
157
-4%
|
162
+3%
|
140
-14%
|
133
-5%
|
137
+3%
|
154
+12%
|
177
+15%
|
201
+14%
|
240
+19%
|
342
+43%
|
387
+13%
|
459
+19%
|
500
+9%
|
433
-13%
|
388
-10%
|
300
-23%
|
244
-19%
|
187
-23%
|
181
-3%
|
139
-23%
|
(64)
N/A
|
(54)
+16%
|
6
N/A
|
94
+1 578%
|
219
+134%
|
185
-16%
|
125
-32%
|
152
+22%
|
200
+31%
|
259
+30%
|
281
+9%
|
308
+10%
|
307
0%
|
336
+10%
|
360
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(59)
|
(61)
|
(63)
|
(64)
|
(60)
|
(62)
|
(60)
|
(59)
|
(58)
|
(52)
|
(52)
|
(51)
|
(49)
|
(43)
|
(43)
|
(39)
|
(36)
|
(32)
|
(30)
|
(28)
|
(29)
|
(22)
|
(30)
|
(31)
|
(32)
|
(29)
|
(34)
|
(39)
|
(41)
|
(42)
|
(42)
|
(39)
|
(40)
|
(25)
|
(38)
|
(36)
|
(33)
|
(35)
|
(43)
|
(59)
|
(72)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
14
|
1
|
2
|
6
|
5
|
11
|
13
|
8
|
14
|
18
|
23
|
24
|
27
|
14
|
14
|
13
|
10
|
12
|
7
|
19
|
17
|
41
|
51
|
40
|
40
|
14
|
19
|
23
|
22
|
16
|
37
|
46
|
50
|
32
|
38
|
33
|
41
|
24
|
48
|
47
|
47
|
|
Pre-Tax Income |
102
N/A
|
90
-12%
|
94
+4%
|
107
+15%
|
104
-3%
|
114
+9%
|
111
-3%
|
111
+1%
|
96
-14%
|
98
+3%
|
107
+9%
|
126
+18%
|
155
+23%
|
168
+9%
|
211
+26%
|
316
+50%
|
361
+14%
|
435
+21%
|
476
+9%
|
425
-11%
|
376
-12%
|
312
-17%
|
265
-15%
|
196
-26%
|
189
-4%
|
122
-35%
|
(79)
N/A
|
(71)
+10%
|
(14)
+80%
|
66
N/A
|
214
+222%
|
192
-10%
|
135
-30%
|
159
+18%
|
200
+26%
|
256
+28%
|
289
+13%
|
296
+2%
|
312
+5%
|
325
+4%
|
336
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(28)
|
(23)
|
(26)
|
(34)
|
(31)
|
(33)
|
(33)
|
(34)
|
(27)
|
(26)
|
(28)
|
(33)
|
(45)
|
(46)
|
(63)
|
(100)
|
(116)
|
(153)
|
(166)
|
(150)
|
(132)
|
(98)
|
(84)
|
(13)
|
(10)
|
3
|
61
|
16
|
2
|
(18)
|
(56)
|
(51)
|
(37)
|
(40)
|
(50)
|
(64)
|
(73)
|
(81)
|
(86)
|
(89)
|
(92)
|
|
Income from Continuing Operations |
75
|
67
|
68
|
74
|
74
|
81
|
78
|
77
|
68
|
72
|
79
|
93
|
110
|
122
|
149
|
216
|
245
|
282
|
310
|
276
|
244
|
214
|
181
|
183
|
179
|
125
|
(18)
|
(55)
|
(12)
|
48
|
157
|
141
|
99
|
119
|
150
|
192
|
216
|
215
|
227
|
236
|
243
|
|
Net Income (Common) |
75
N/A
|
67
-10%
|
68
+1%
|
74
+9%
|
74
+0%
|
81
+10%
|
78
-4%
|
77
-1%
|
68
-12%
|
72
+5%
|
79
+9%
|
93
+17%
|
110
+19%
|
122
+11%
|
149
+22%
|
216
+45%
|
245
+13%
|
282
+15%
|
310
+10%
|
276
-11%
|
244
-11%
|
214
-12%
|
181
-16%
|
183
+1%
|
179
-2%
|
125
-30%
|
(18)
N/A
|
(55)
-206%
|
(12)
+78%
|
48
N/A
|
157
+228%
|
141
-10%
|
99
-30%
|
119
+21%
|
150
+26%
|
192
+28%
|
216
+12%
|
215
0%
|
227
+5%
|
236
+4%
|
243
+3%
|
|
EPS (Diluted) |
2.38
N/A
|
2.16
-9%
|
2.15
0%
|
2.34
+9%
|
2.35
+0%
|
2.59
+10%
|
2.49
-4%
|
2.47
-1%
|
2.18
-12%
|
2.3
+6%
|
2.51
+9%
|
2.94
+17%
|
3.5
+19%
|
3.88
+11%
|
4.73
+22%
|
6.87
+45%
|
7.79
+13%
|
8.99
+15%
|
9.86
+10%
|
8.78
-11%
|
7.78
-11%
|
6.82
-12%
|
5.76
-16%
|
5.82
+1%
|
5.69
-2%
|
3.99
-30%
|
-0.58
N/A
|
-1.76
-203%
|
-0.39
+78%
|
1.53
N/A
|
5.01
+227%
|
4.51
-10%
|
3.14
-30%
|
3.79
+21%
|
4.77
+26%
|
6.14
+29%
|
6.87
+12%
|
6.86
0%
|
7.22
+5%
|
7.51
+4%
|
7.76
+3%
|