DCM Shriram Ltd
NSE:DCMSHRIRAM
Income Statement
Earnings Waterfall
DCM Shriram Ltd
Revenue
|
117.5B
INR
|
Cost of Revenue
|
-64.3B
INR
|
Gross Profit
|
53.1B
INR
|
Operating Expenses
|
-45.4B
INR
|
Operating Income
|
7.8B
INR
|
Other Expenses
|
-2.6B
INR
|
Net Income
|
5.2B
INR
|
Income Statement
DCM Shriram 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 |
61 299
N/A
|
61 822
+1%
|
63 257
+2%
|
60 643
-4%
|
58 092
-4%
|
56 392
-3%
|
57 881
+3%
|
58 438
+1%
|
59 559
+2%
|
60 302
+1%
|
56 907
-6%
|
56 527
-1%
|
57 918
+2%
|
61 172
+6%
|
66 556
+9%
|
68 141
+2%
|
71 495
+5%
|
70 066
-2%
|
70 224
+0%
|
71 178
+1%
|
74 493
+5%
|
77 711
+4%
|
76 057
-2%
|
76 585
+1%
|
77 379
+1%
|
77 671
+0%
|
77 767
+0%
|
80 707
+4%
|
80 348
0%
|
83 082
+3%
|
84 040
+1%
|
85 346
+2%
|
91 667
+7%
|
98 494
+7%
|
108 134
+10%
|
115 113
+6%
|
121 042
+5%
|
120 795
0%
|
120 449
0%
|
119 949
0%
|
117 487
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(39 872)
|
(42 219)
|
(40 010)
|
(36 802)
|
(34 506)
|
(37 244)
|
(36 621)
|
(36 724)
|
(37 205)
|
(39 177)
|
(33 183)
|
(32 602)
|
(32 302)
|
(35 789)
|
(37 400)
|
(36 807)
|
(38 405)
|
(40 501)
|
(36 657)
|
(36 064)
|
(37 957)
|
(39 807)
|
(34 664)
|
(35 837)
|
(36 769)
|
(41 101)
|
(41 410)
|
(44 007)
|
(43 053)
|
(48 217)
|
(43 648)
|
(43 299)
|
(44 867)
|
(50 015)
|
(51 367)
|
(56 209)
|
(61 281)
|
(66 173)
|
(64 085)
|
(65 030)
|
(64 343)
|
|
Gross Profit |
21 427
N/A
|
19 603
-9%
|
23 246
+19%
|
23 840
+3%
|
23 584
-1%
|
19 148
-19%
|
21 257
+11%
|
21 712
+2%
|
22 354
+3%
|
21 126
-5%
|
23 725
+12%
|
23 926
+1%
|
25 616
+7%
|
25 383
-1%
|
29 156
+15%
|
31 334
+7%
|
33 090
+6%
|
29 565
-11%
|
33 567
+14%
|
35 114
+5%
|
36 537
+4%
|
37 905
+4%
|
41 394
+9%
|
40 749
-2%
|
40 610
0%
|
36 570
-10%
|
36 358
-1%
|
36 701
+1%
|
37 296
+2%
|
34 864
-7%
|
40 393
+16%
|
42 048
+4%
|
46 801
+11%
|
48 479
+4%
|
56 767
+17%
|
58 903
+4%
|
59 760
+1%
|
54 622
-9%
|
56 363
+3%
|
54 919
-3%
|
53 144
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(17 660)
|
(15 786)
|
(18 849)
|
(19 275)
|
(19 555)
|
(16 119)
|
(19 057)
|
(19 241)
|
(19 335)
|
(16 856)
|
(19 084)
|
(19 153)
|
(19 926)
|
(18 665)
|
(21 750)
|
(22 331)
|
(22 733)
|
(20 518)
|
(24 593)
|
(26 097)
|
(27 478)
|
(25 678)
|
(29 292)
|
(29 653)
|
(30 162)
|
(26 613)
|
(28 701)
|
(28 858)
|
(28 297)
|
(25 669)
|
(30 009)
|
(30 977)
|
(33 929)
|
(32 876)
|
(39 687)
|
(42 061)
|
(43 313)
|
(41 190)
|
(45 714)
|
(45 937)
|
(45 363)
|
|
Selling, General & Administrative |
(9 931)
|
(13 180)
|
(10 593)
|
(10 918)
|
(11 160)
|
(13 666)
|
(13 130)
|
(13 457)
|
(13 645)
|
(14 527)
|
(11 672)
|
(11 847)
|
(12 341)
|
(16 038)
|
(13 920)
|
(14 154)
|
(14 467)
|
(17 365)
|
(15 505)
|
(16 004)
|
(16 759)
|
(22 348)
|
(17 585)
|
(17 927)
|
(17 990)
|
(22 661)
|
(16 838)
|
(16 788)
|
(16 319)
|
(21 920)
|
(17 532)
|
(18 538)
|
(20 980)
|
(28 821)
|
(25 734)
|
(27 717)
|
(28 480)
|
(36 344)
|
(30 002)
|
(29 542)
|
(28 406)
|
|
Depreciation & Amortization |
(1 385)
|
(1 379)
|
(1 325)
|
(1 256)
|
(1 179)
|
(1 102)
|
(1 068)
|
(1 045)
|
(1 014)
|
(979)
|
(963)
|
(978)
|
(1 047)
|
(1 136)
|
(1 213)
|
(1 302)
|
(1 361)
|
(1 406)
|
(1 455)
|
(1 473)
|
(1 501)
|
(1 570)
|
(1 709)
|
(1 865)
|
(2 026)
|
(2 189)
|
(2 281)
|
(2 347)
|
(2 348)
|
(2 330)
|
(2 311)
|
(2 307)
|
(2 356)
|
(2 379)
|
(2 415)
|
(2 451)
|
(2 501)
|
(2 602)
|
(2 715)
|
(2 825)
|
(2 935)
|
|
Other Operating Expenses |
(6 344)
|
(1 226)
|
(6 932)
|
(7 101)
|
(7 215)
|
(1 352)
|
(4 859)
|
(4 741)
|
(4 678)
|
(1 351)
|
(6 449)
|
(6 327)
|
(6 536)
|
(1 491)
|
(6 615)
|
(6 873)
|
(6 903)
|
(1 747)
|
(7 631)
|
(8 618)
|
(9 217)
|
(1 761)
|
(9 998)
|
(9 861)
|
(10 146)
|
(1 763)
|
(9 582)
|
(9 724)
|
(9 632)
|
(1 418)
|
(10 166)
|
(10 134)
|
(10 595)
|
(1 676)
|
(11 539)
|
(11 895)
|
(12 334)
|
(2 244)
|
(12 998)
|
(13 572)
|
(14 021)
|
|
Operating Income |
3 765
N/A
|
3 817
+1%
|
4 396
+15%
|
4 565
+4%
|
4 031
-12%
|
3 029
-25%
|
2 202
-27%
|
2 472
+12%
|
3 018
+22%
|
4 269
+41%
|
4 641
+9%
|
4 773
+3%
|
5 691
+19%
|
6 718
+18%
|
7 406
+10%
|
9 003
+22%
|
10 357
+15%
|
9 046
-13%
|
8 975
-1%
|
9 018
+0%
|
9 060
+0%
|
12 226
+35%
|
12 103
-1%
|
11 098
-8%
|
10 449
-6%
|
9 957
-5%
|
7 656
-23%
|
7 841
+2%
|
8 999
+15%
|
9 196
+2%
|
10 383
+13%
|
11 071
+7%
|
12 870
+16%
|
15 603
+21%
|
17 080
+9%
|
16 842
-1%
|
16 447
-2%
|
13 433
-18%
|
10 650
-21%
|
8 981
-16%
|
7 781
-13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 568)
|
(1 181)
|
(1 307)
|
(1 182)
|
(1 120)
|
(838)
|
(1 103)
|
(1 054)
|
(938)
|
(523)
|
(782)
|
(661)
|
(689)
|
(414)
|
(760)
|
(831)
|
(843)
|
(414)
|
(943)
|
(1 155)
|
(1 157)
|
(766)
|
(1 203)
|
(1 214)
|
(1 409)
|
(1 146)
|
(1 702)
|
(1 536)
|
(1 439)
|
(784)
|
(1 062)
|
(1 039)
|
(927)
|
(190)
|
(748)
|
(629)
|
(584)
|
354
|
(615)
|
(648)
|
(670)
|
|
Non-Reccuring Items |
27
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(150)
|
0
|
0
|
0
|
(83)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(94)
|
0
|
0
|
(146)
|
(280)
|
0
|
(147)
|
(1)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
99
|
0
|
0
|
0
|
70
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
34
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
37
|
0
|
0
|
0
|
(208)
|
0
|
0
|
0
|
85
|
0
|
0
|
0
|
125
|
0
|
0
|
0
|
122
|
0
|
0
|
0
|
|
Total Other Income |
396
|
(11)
|
525
|
552
|
587
|
20
|
478
|
470
|
415
|
15
|
411
|
409
|
417
|
73
|
486
|
544
|
602
|
142
|
529
|
543
|
569
|
399
|
1 021
|
1 167
|
1 316
|
650
|
1 047
|
906
|
727
|
402
|
829
|
863
|
945
|
112
|
1 028
|
1 141
|
1 223
|
223
|
1 090
|
986
|
1 003
|
|
Pre-Tax Income |
2 620
N/A
|
2 724
+4%
|
3 614
+33%
|
3 935
+9%
|
3 498
-11%
|
2 284
-35%
|
1 577
-31%
|
1 888
+20%
|
2 495
+32%
|
3 623
+45%
|
4 270
+18%
|
4 521
+6%
|
5 419
+20%
|
6 327
+17%
|
7 132
+13%
|
8 716
+22%
|
10 116
+16%
|
8 673
-14%
|
8 559
-1%
|
8 404
-2%
|
8 470
+1%
|
11 802
+39%
|
11 921
+1%
|
11 050
-7%
|
10 209
-8%
|
8 973
-12%
|
6 999
-22%
|
7 063
+1%
|
8 285
+17%
|
8 892
+7%
|
10 150
+14%
|
10 895
+7%
|
12 888
+18%
|
15 650
+21%
|
17 360
+11%
|
17 354
0%
|
17 087
-2%
|
14 131
-17%
|
11 125
-21%
|
9 320
-16%
|
8 115
-13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(202)
|
(301)
|
(555)
|
(427)
|
(159)
|
(176)
|
(3)
|
(162)
|
(435)
|
(619)
|
(837)
|
(789)
|
(931)
|
(804)
|
(939)
|
(1 717)
|
(2 353)
|
(1 987)
|
(2 033)
|
(1 920)
|
(1 865)
|
(2 776)
|
(2 873)
|
(2 503)
|
(2 168)
|
(1 778)
|
(1 304)
|
(1 362)
|
(1 802)
|
(2 169)
|
(2 555)
|
(2 904)
|
(3 926)
|
(4 989)
|
(5 733)
|
(6 025)
|
(5 833)
|
(5 023)
|
(3 991)
|
(3 144)
|
(2 955)
|
|
Income from Continuing Operations |
2 418
|
2 424
|
3 058
|
3 507
|
3 338
|
2 108
|
1 574
|
1 726
|
2 060
|
3 004
|
3 433
|
3 732
|
4 488
|
5 523
|
6 195
|
7 001
|
7 766
|
6 687
|
6 527
|
6 484
|
6 604
|
9 026
|
9 047
|
8 547
|
8 042
|
7 194
|
5 696
|
5 703
|
6 485
|
6 723
|
7 597
|
7 992
|
8 962
|
10 661
|
11 627
|
11 329
|
11 254
|
9 108
|
7 135
|
6 176
|
5 160
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
2
|
4
|
5
|
6
|
5
|
6
|
7
|
(7)
|
(6)
|
(7)
|
(8)
|
9
|
8
|
8
|
10
|
11
|
11
|
13
|
12
|
(55)
|
(64)
|
(68)
|
(70)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
3
|
4
|
5
|
7
|
8
|
5
|
4
|
0
|
(9)
|
(8)
|
(4)
|
0
|
10
|
19
|
19
|
18
|
23
|
23
|
28
|
28
|
16
|
14
|
14
|
17
|
24
|
24
|
17
|
12
|
8
|
2
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
2 927
N/A
|
2 424
-17%
|
3 058
+26%
|
3 507
+15%
|
3 338
-5%
|
2 108
-37%
|
1 580
-25%
|
1 735
+10%
|
2 070
+19%
|
3 018
+46%
|
3 444
+14%
|
3 741
+9%
|
4 499
+20%
|
5 517
+23%
|
6 181
+12%
|
6 986
+13%
|
7 753
+11%
|
6 696
-14%
|
6 544
-2%
|
6 511
-1%
|
6 634
+2%
|
9 055
+36%
|
9 083
+0%
|
8 585
-5%
|
8 082
-6%
|
7 167
-11%
|
5 647
-21%
|
5 648
+0%
|
6 429
+14%
|
6 733
+5%
|
7 621
+13%
|
8 016
+5%
|
8 979
+12%
|
10 674
+19%
|
11 635
+9%
|
11 331
-3%
|
11 254
-1%
|
9 108
-19%
|
7 135
-22%
|
6 176
-13%
|
5 160
-16%
|
|
EPS (Diluted) |
17.63
N/A
|
14.61
-17%
|
18.87
+29%
|
21.25
+13%
|
20.47
-4%
|
13.01
-36%
|
9.75
-25%
|
10.69
+10%
|
12.76
+19%
|
18.62
+46%
|
21.25
+14%
|
23.09
+9%
|
27.77
+20%
|
34.05
+23%
|
38.15
+12%
|
43.12
+13%
|
47.27
+10%
|
41.33
-13%
|
40.39
-2%
|
40.69
+1%
|
42.52
+4%
|
56.94
+34%
|
58.22
+2%
|
55.03
-5%
|
51.8
-6%
|
45.96
-11%
|
36.19
-21%
|
36.22
+0%
|
41.74
+15%
|
43.17
+3%
|
48.85
+13%
|
51.38
+5%
|
57.55
+12%
|
68.42
+19%
|
74.6
+9%
|
72.63
-3%
|
72.14
-1%
|
58.41
-19%
|
45.76
-22%
|
39.65
-13%
|
33.09
-17%
|