Biocon Ltd
NSE:BIOCON
Income Statement
Earnings Waterfall
Biocon Ltd
Revenue
|
146.1B
INR
|
Cost of Revenue
|
-48B
INR
|
Gross Profit
|
98.2B
INR
|
Operating Expenses
|
-79.6B
INR
|
Operating Income
|
18.5B
INR
|
Other Expenses
|
-6.5B
INR
|
Net Income
|
12B
INR
|
Income Statement
Biocon 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 |
27 859
N/A
|
28 773
+3%
|
29 019
+1%
|
29 187
+1%
|
29 806
+2%
|
30 898
+4%
|
31 855
+3%
|
32 241
+1%
|
32 620
+1%
|
33 810
+4%
|
35 520
+5%
|
37 099
+4%
|
39 472
+6%
|
39 216
-1%
|
38 633
-1%
|
38 778
+0%
|
38 913
+0%
|
41 297
+6%
|
43 198
+5%
|
46 722
+8%
|
51 551
+10%
|
55 144
+7%
|
58 495
+6%
|
60 958
+4%
|
62 718
+3%
|
63 005
+0%
|
65 354
+4%
|
66 904
+2%
|
68 585
+3%
|
71 431
+4%
|
72 099
+1%
|
73 280
+2%
|
76 173
+4%
|
81 840
+7%
|
85 629
+5%
|
90 422
+6%
|
98 091
+8%
|
111 742
+14%
|
124 573
+11%
|
135 999
+9%
|
146 125
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(11 696)
|
(14 207)
|
(11 735)
|
(11 884)
|
(12 112)
|
(14 837)
|
(12 935)
|
(13 099)
|
(12 954)
|
(15 725)
|
(13 957)
|
(14 232)
|
(14 948)
|
(17 089)
|
(14 427)
|
(14 665)
|
(15 156)
|
(19 114)
|
(17 105)
|
(17 796)
|
(18 839)
|
(22 444)
|
(18 805)
|
(19 076)
|
(19 271)
|
(23 624)
|
(21 345)
|
(21 709)
|
(22 151)
|
(26 518)
|
(22 930)
|
(23 479)
|
(24 690)
|
(32 055)
|
(28 091)
|
(29 959)
|
(32 626)
|
(43 504)
|
(41 699)
|
(45 450)
|
(47 972)
|
|
Gross Profit |
16 163
N/A
|
14 566
-10%
|
17 284
+19%
|
17 303
+0%
|
17 694
+2%
|
16 061
-9%
|
18 919
+18%
|
19 141
+1%
|
19 665
+3%
|
18 085
-8%
|
21 563
+19%
|
22 867
+6%
|
24 524
+7%
|
22 127
-10%
|
24 206
+9%
|
24 113
0%
|
23 757
-1%
|
22 183
-7%
|
26 093
+18%
|
28 926
+11%
|
32 712
+13%
|
32 700
0%
|
39 690
+21%
|
41 882
+6%
|
43 447
+4%
|
39 381
-9%
|
44 009
+12%
|
45 195
+3%
|
46 434
+3%
|
44 913
-3%
|
49 169
+9%
|
49 801
+1%
|
51 483
+3%
|
49 785
-3%
|
57 538
+16%
|
60 463
+5%
|
65 465
+8%
|
68 238
+4%
|
82 874
+21%
|
90 549
+9%
|
98 153
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11 880)
|
(9 358)
|
(12 346)
|
(12 435)
|
(12 998)
|
(10 980)
|
(13 904)
|
(14 233)
|
(14 648)
|
(12 799)
|
(15 905)
|
(13 889)
|
(14 697)
|
(15 081)
|
(18 220)
|
(18 957)
|
(19 416)
|
(17 742)
|
(21 199)
|
(22 367)
|
(24 708)
|
(23 241)
|
(28 485)
|
(30 517)
|
(31 768)
|
(28 859)
|
(34 168)
|
(35 873)
|
(37 909)
|
(35 463)
|
(40 312)
|
(40 694)
|
(41 756)
|
(37 928)
|
(46 654)
|
(49 623)
|
(54 018)
|
(51 977)
|
(67 143)
|
(73 694)
|
(79 607)
|
|
Selling, General & Administrative |
(4 529)
|
(7 467)
|
(4 765)
|
(4 988)
|
(5 193)
|
(7 851)
|
(5 562)
|
(5 639)
|
(5 801)
|
(9 632)
|
(6 403)
|
(6 776)
|
(7 196)
|
(11 731)
|
(7 818)
|
(8 269)
|
(8 680)
|
(14 999)
|
(9 792)
|
(10 426)
|
(11 017)
|
(19 886)
|
(12 449)
|
(13 093)
|
(13 910)
|
(23 524)
|
(15 115)
|
(15 901)
|
(16 773)
|
(27 628)
|
(17 833)
|
(18 302)
|
(18 619)
|
(29 209)
|
(19 567)
|
(20 182)
|
(20 820)
|
(29 466)
|
(22 477)
|
(23 298)
|
(24 918)
|
|
Research & Development |
0
|
(1 329)
|
0
|
0
|
0
|
(2 000)
|
0
|
0
|
0
|
(1 715)
|
0
|
0
|
0
|
(1 492)
|
0
|
0
|
0
|
(358)
|
0
|
0
|
0
|
(1 396)
|
0
|
0
|
0
|
(3 077)
|
0
|
0
|
0
|
(3 950)
|
0
|
0
|
0
|
(5 028)
|
0
|
0
|
0
|
(6 132)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(1 956)
|
(2 111)
|
(2 073)
|
(2 114)
|
(2 164)
|
(2 210)
|
(2 281)
|
(2 349)
|
(2 425)
|
(2 487)
|
(2 558)
|
(2 631)
|
(2 695)
|
(2 772)
|
(3 099)
|
(3 352)
|
(3 623)
|
(3 850)
|
(3 854)
|
(4 040)
|
(4 233)
|
(4 478)
|
(4 729)
|
(4 923)
|
(5 196)
|
(5 522)
|
(5 948)
|
(6 409)
|
(6 832)
|
(7 151)
|
(7 431)
|
(7 669)
|
(7 863)
|
(8 142)
|
(8 369)
|
(8 662)
|
(9 616)
|
(11 131)
|
(12 536)
|
(14 121)
|
(15 255)
|
|
Other Operating Expenses |
(5 395)
|
1 549
|
(5 509)
|
(5 333)
|
(5 640)
|
1 081
|
(6 060)
|
(6 244)
|
(6 422)
|
1 035
|
(6 944)
|
(4 482)
|
(4 806)
|
914
|
(7 303)
|
(7 336)
|
(7 113)
|
1 465
|
(7 553)
|
(7 901)
|
(9 458)
|
2 519
|
(11 307)
|
(12 501)
|
(12 662)
|
3 264
|
(13 105)
|
(13 563)
|
(14 304)
|
3 266
|
(15 048)
|
(14 723)
|
(15 274)
|
4 451
|
(18 718)
|
(20 779)
|
(23 582)
|
(5 248)
|
(32 130)
|
(36 275)
|
(39 434)
|
|
Operating Income |
4 283
N/A
|
5 208
+22%
|
4 939
-5%
|
4 869
-1%
|
4 697
-4%
|
5 081
+8%
|
5 016
-1%
|
4 909
-2%
|
5 018
+2%
|
5 286
+5%
|
5 658
+7%
|
8 978
+59%
|
9 827
+9%
|
7 046
-28%
|
5 986
-15%
|
5 156
-14%
|
4 341
-16%
|
4 441
+2%
|
4 894
+10%
|
6 559
+34%
|
8 004
+22%
|
9 459
+18%
|
11 205
+18%
|
11 365
+1%
|
11 679
+3%
|
10 522
-10%
|
9 841
-6%
|
9 322
-5%
|
8 525
-9%
|
9 450
+11%
|
8 857
-6%
|
9 107
+3%
|
9 727
+7%
|
11 857
+22%
|
10 884
-8%
|
10 840
0%
|
11 447
+6%
|
16 261
+42%
|
15 731
-3%
|
16 855
+7%
|
18 546
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(20)
|
39
|
(19)
|
(66)
|
(96)
|
(62)
|
(89)
|
32
|
76
|
494
|
(73)
|
(163)
|
(254)
|
1 322
|
(214)
|
(274)
|
(279)
|
1 479
|
(453)
|
1 317
|
1 399
|
2 651
|
1 251
|
(578)
|
(752)
|
913
|
(644)
|
(535)
|
(503)
|
(488)
|
(1 970)
|
(2 672)
|
(3 146)
|
(1 198)
|
(2 614)
|
(2 466)
|
(3 606)
|
(6 533)
|
(7 893)
|
(10 029)
|
(11 178)
|
|
Non-Reccuring Items |
2 019
|
0
|
0
|
0
|
0
|
1 051
|
1 051
|
(27)
|
0
|
1 606
|
1 606
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
675
|
675
|
675
|
675
|
0
|
0
|
1 723
|
126
|
(575)
|
(575)
|
(812)
|
(1 111)
|
(580)
|
(3 294)
|
(744)
|
(2 914)
|
(2 984)
|
249
|
|
Gain/Loss on Disposition of Assets |
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
|
(11)
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
|
Total Other Income |
505
|
130
|
579
|
612
|
535
|
171
|
568
|
645
|
815
|
127
|
1 012
|
1 169
|
1 427
|
129
|
1 702
|
1 826
|
1 691
|
180
|
2 210
|
1 968
|
1 837
|
39
|
997
|
1 115
|
1 265
|
50
|
1 556
|
1 271
|
1 122
|
65
|
2 834
|
3 784
|
4 058
|
7
|
2 984
|
2 580
|
2 883
|
39
|
3 915
|
4 849
|
9 411
|
|
Pre-Tax Income |
6 788
N/A
|
5 377
-21%
|
5 500
+2%
|
5 416
-2%
|
5 136
-5%
|
6 241
+22%
|
6 546
+5%
|
5 559
-15%
|
5 909
+6%
|
7 513
+27%
|
8 203
+9%
|
9 984
+22%
|
11 000
+10%
|
8 497
-23%
|
7 474
-12%
|
6 708
-10%
|
5 753
-14%
|
6 100
+6%
|
6 651
+9%
|
9 844
+48%
|
11 240
+14%
|
12 149
+8%
|
13 453
+11%
|
12 577
-7%
|
12 867
+2%
|
12 149
-6%
|
11 428
-6%
|
10 058
-12%
|
9 144
-9%
|
10 677
+17%
|
9 847
-8%
|
9 644
-2%
|
10 064
+4%
|
9 831
-2%
|
10 143
+3%
|
10 374
+2%
|
7 430
-28%
|
8 971
+21%
|
8 839
-1%
|
8 691
-2%
|
17 028
+96%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 159)
|
(1 069)
|
(1 081)
|
(980)
|
(830)
|
(957)
|
(1 024)
|
(1 088)
|
(1 194)
|
(1 422)
|
(1 598)
|
(1 733)
|
(2 059)
|
(1 616)
|
(1 440)
|
(1 448)
|
(1 265)
|
(1 569)
|
(1 714)
|
(2 021)
|
(2 121)
|
(2 123)
|
(2 454)
|
(2 723)
|
(3 110)
|
(3 151)
|
(3 108)
|
(2 330)
|
(1 971)
|
(2 215)
|
(1 979)
|
(2 219)
|
(2 223)
|
(2 115)
|
(1 837)
|
(2 847)
|
(2 306)
|
(2 541)
|
(2 594)
|
(1 537)
|
(2 134)
|
|
Income from Continuing Operations |
5 629
|
4 308
|
4 419
|
4 436
|
4 307
|
5 284
|
5 522
|
4 471
|
4 714
|
6 091
|
6 605
|
8 251
|
8 941
|
6 881
|
6 034
|
5 260
|
4 488
|
4 531
|
4 937
|
7 823
|
9 119
|
10 026
|
10 999
|
9 854
|
9 757
|
8 998
|
8 320
|
7 728
|
7 173
|
8 462
|
7 868
|
7 425
|
7 841
|
7 716
|
8 306
|
7 527
|
5 124
|
6 430
|
6 245
|
7 154
|
14 894
|
|
Income to Minority Interest |
(135)
|
(170)
|
(186)
|
(205)
|
(217)
|
(310)
|
(339)
|
(414)
|
(525)
|
(587)
|
(674)
|
(747)
|
(765)
|
(760)
|
(766)
|
(771)
|
(793)
|
(807)
|
(829)
|
(856)
|
(899)
|
(973)
|
(1 001)
|
(1 152)
|
(1 167)
|
(1 227)
|
(1 197)
|
(1 077)
|
(982)
|
(1 057)
|
(1 113)
|
(1 066)
|
(1 211)
|
(1 232)
|
(1 222)
|
(1 357)
|
(1 243)
|
(1 803)
|
(2 048)
|
(2 170)
|
(2 892)
|
|
Net Income (Common) |
5 494
N/A
|
4 138
-25%
|
4 233
+2%
|
4 232
0%
|
4 091
-3%
|
4 974
+22%
|
5 184
+4%
|
4 057
-22%
|
4 189
+3%
|
5 504
+31%
|
5 931
+8%
|
7 504
+27%
|
8 176
+9%
|
6 121
-25%
|
5 268
-14%
|
4 489
-15%
|
3 695
-18%
|
3 724
+1%
|
4 108
+10%
|
6 967
+70%
|
8 220
+18%
|
9 053
+10%
|
9 919
+10%
|
8 529
-14%
|
8 385
-2%
|
7 482
-11%
|
6 913
-8%
|
6 449
-7%
|
6 107
-5%
|
7 405
+21%
|
6 755
-9%
|
6 445
-5%
|
6 630
+3%
|
6 484
-2%
|
7 084
+9%
|
6 170
-13%
|
3 881
-37%
|
4 627
+19%
|
4 197
-9%
|
4 984
+19%
|
12 002
+141%
|
|
EPS (Diluted) |
4.62
N/A
|
3.48
-25%
|
3.54
+2%
|
3.53
0%
|
3.36
-5%
|
4.14
+23%
|
4.4
+6%
|
3.44
-22%
|
3.55
+3%
|
4.67
+32%
|
5.03
+8%
|
6.23
+24%
|
6.88
+10%
|
5.16
-25%
|
4.43
-14%
|
3.78
-15%
|
3.12
-17%
|
3.14
+1%
|
3.46
+10%
|
5.77
+67%
|
6.97
+21%
|
7.6
+9%
|
8.36
+10%
|
7.19
-14%
|
7.06
-2%
|
6.3
-11%
|
5.78
-8%
|
5.28
-9%
|
5.15
-2%
|
6.19
+20%
|
5.68
-8%
|
5.4
-5%
|
5.52
+2%
|
5.42
-2%
|
5.92
+9%
|
5.12
-14%
|
3.24
-37%
|
3.87
+19%
|
3.51
-9%
|
4.17
+19%
|
10.03
+141%
|