Gandhi Special Tubes Ltd
NSE:GANDHITUBE
Income Statement
Earnings Waterfall
Gandhi Special Tubes Ltd
Revenue
|
1.7B
INR
|
Cost of Revenue
|
-655.3m
INR
|
Gross Profit
|
1B
INR
|
Operating Expenses
|
-423.9m
INR
|
Operating Income
|
582.1m
INR
|
Other Expenses
|
-55.4m
INR
|
Net Income
|
526.8m
INR
|
Income Statement
Gandhi Special Tubes 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 |
854
N/A
|
835
-2%
|
847
+1%
|
886
+5%
|
946
+7%
|
919
-3%
|
943
+3%
|
900
-5%
|
879
-2%
|
912
+4%
|
949
+4%
|
1 028
+8%
|
1 068
+4%
|
1 091
+2%
|
1 112
+2%
|
1 103
-1%
|
1 134
+3%
|
1 173
+3%
|
1 234
+5%
|
1 273
+3%
|
1 269
0%
|
1 229
-3%
|
1 092
-11%
|
936
-14%
|
843
-10%
|
809
-4%
|
682
-16%
|
759
+11%
|
938
+24%
|
1 135
+21%
|
1 355
+19%
|
1 469
+8%
|
1 453
-1%
|
1 370
-6%
|
1 479
+8%
|
1 629
+10%
|
1 648
+1%
|
1 675
+2%
|
1 697
+1%
|
1 616
-5%
|
1 661
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(300)
|
(387)
|
(309)
|
(327)
|
(347)
|
(424)
|
(350)
|
(331)
|
(323)
|
(333)
|
(343)
|
(383)
|
(403)
|
(424)
|
(439)
|
(413)
|
(408)
|
(405)
|
(405)
|
(426)
|
(434)
|
(471)
|
(392)
|
(347)
|
(313)
|
(332)
|
(251)
|
(268)
|
(314)
|
(412)
|
(436)
|
(479)
|
(502)
|
(533)
|
(537)
|
(603)
|
(610)
|
(684)
|
(657)
|
(643)
|
(655)
|
|
Gross Profit |
555
N/A
|
448
-19%
|
538
+20%
|
559
+4%
|
599
+7%
|
495
-17%
|
593
+20%
|
569
-4%
|
556
-2%
|
579
+4%
|
606
+5%
|
645
+6%
|
665
+3%
|
667
+0%
|
673
+1%
|
690
+3%
|
727
+5%
|
768
+6%
|
830
+8%
|
847
+2%
|
835
-1%
|
759
-9%
|
701
-8%
|
589
-16%
|
531
-10%
|
478
-10%
|
431
-10%
|
491
+14%
|
625
+27%
|
723
+16%
|
919
+27%
|
990
+8%
|
951
-4%
|
837
-12%
|
942
+13%
|
1 026
+9%
|
1 039
+1%
|
990
-5%
|
1 040
+5%
|
973
-6%
|
1 006
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(336)
|
(236)
|
(345)
|
(375)
|
(395)
|
(310)
|
(395)
|
(365)
|
(354)
|
(357)
|
(362)
|
(386)
|
(392)
|
(382)
|
(375)
|
(370)
|
(367)
|
(395)
|
(415)
|
(417)
|
(418)
|
(337)
|
(351)
|
(317)
|
(296)
|
(274)
|
(277)
|
(284)
|
(317)
|
(307)
|
(395)
|
(429)
|
(433)
|
(379)
|
(453)
|
(480)
|
(488)
|
(414)
|
(459)
|
(430)
|
(424)
|
|
Selling, General & Administrative |
(186)
|
(184)
|
(177)
|
(193)
|
(201)
|
(257)
|
(189)
|
(165)
|
(154)
|
(153)
|
(131)
|
(112)
|
(92)
|
(337)
|
(74)
|
(77)
|
(81)
|
(357)
|
(88)
|
(88)
|
(86)
|
(300)
|
(77)
|
(70)
|
(68)
|
(239)
|
(73)
|
(98)
|
(142)
|
(274)
|
(218)
|
(231)
|
(231)
|
(347)
|
(240)
|
(266)
|
(260)
|
(383)
|
(242)
|
(218)
|
(222)
|
|
Depreciation & Amortization |
(46)
|
(49)
|
(50)
|
(51)
|
(50)
|
(50)
|
(49)
|
(49)
|
(48)
|
(47)
|
(47)
|
(46)
|
(45)
|
(45)
|
(43)
|
(42)
|
(40)
|
(39)
|
(38)
|
(37)
|
(37)
|
(37)
|
(37)
|
(36)
|
(36)
|
(36)
|
(35)
|
(35)
|
(34)
|
(33)
|
(33)
|
(32)
|
(32)
|
(33)
|
(33)
|
(33)
|
(32)
|
(31)
|
(31)
|
(31)
|
(31)
|
|
Other Operating Expenses |
(104)
|
(3)
|
(117)
|
(131)
|
(144)
|
(3)
|
(158)
|
(151)
|
(152)
|
(157)
|
(185)
|
(228)
|
(254)
|
0
|
(258)
|
(251)
|
(247)
|
0
|
(289)
|
(291)
|
(294)
|
0
|
(237)
|
(211)
|
(192)
|
0
|
(170)
|
(152)
|
(142)
|
0
|
(145)
|
(166)
|
(170)
|
0
|
(181)
|
(182)
|
(197)
|
0
|
(186)
|
(181)
|
(171)
|
|
Operating Income |
219
N/A
|
212
-3%
|
193
-9%
|
184
-5%
|
205
+11%
|
185
-10%
|
198
+7%
|
204
+3%
|
202
-1%
|
222
+10%
|
244
+10%
|
259
+6%
|
273
+6%
|
285
+4%
|
299
+5%
|
321
+7%
|
360
+12%
|
373
+4%
|
415
+11%
|
431
+4%
|
417
-3%
|
421
+1%
|
350
-17%
|
272
-22%
|
235
-14%
|
204
-13%
|
154
-24%
|
206
+34%
|
307
+49%
|
416
+35%
|
524
+26%
|
560
+7%
|
517
-8%
|
458
-12%
|
490
+7%
|
546
+11%
|
551
+1%
|
576
+5%
|
581
+1%
|
543
-6%
|
582
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
79
|
0
|
0
|
0
|
43
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
76
|
0
|
0
|
0
|
56
|
(1)
|
(1)
|
(1)
|
61
|
(1)
|
(1)
|
(1)
|
47
|
(1)
|
(1)
|
(2)
|
53
|
(1)
|
(1)
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
77
|
1
|
51
|
57
|
30
|
1
|
42
|
32
|
31
|
30
|
50
|
74
|
89
|
96
|
97
|
94
|
90
|
82
|
70
|
62
|
71
|
1
|
76
|
81
|
70
|
1
|
63
|
58
|
58
|
0
|
62
|
62
|
54
|
(0)
|
31
|
34
|
46
|
0
|
94
|
102
|
112
|
|
Pre-Tax Income |
296
N/A
|
291
-2%
|
245
-16%
|
241
-1%
|
235
-3%
|
228
-3%
|
239
+5%
|
236
-2%
|
233
-1%
|
252
+8%
|
294
+17%
|
332
+13%
|
362
+9%
|
381
+5%
|
396
+4%
|
414
+5%
|
450
+9%
|
455
+1%
|
485
+7%
|
493
+2%
|
488
-1%
|
498
+2%
|
425
-15%
|
352
-17%
|
305
-14%
|
260
-15%
|
217
-17%
|
263
+21%
|
365
+39%
|
476
+30%
|
585
+23%
|
621
+6%
|
571
-8%
|
505
-12%
|
520
+3%
|
578
+11%
|
595
+3%
|
629
+6%
|
674
+7%
|
645
-4%
|
693
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(82)
|
(118)
|
(112)
|
(110)
|
(108)
|
(70)
|
(77)
|
(78)
|
(77)
|
(67)
|
(64)
|
(75)
|
(60)
|
(73)
|
(86)
|
(94)
|
(113)
|
(119)
|
(125)
|
(119)
|
(109)
|
(111)
|
(95)
|
(55)
|
(60)
|
(47)
|
(29)
|
(61)
|
(88)
|
(114)
|
(144)
|
(153)
|
(141)
|
(119)
|
(125)
|
(139)
|
(142)
|
(155)
|
(162)
|
(154)
|
(167)
|
|
Income from Continuing Operations |
214
|
173
|
132
|
131
|
127
|
158
|
163
|
158
|
155
|
186
|
230
|
257
|
301
|
308
|
309
|
320
|
337
|
336
|
360
|
373
|
379
|
386
|
331
|
298
|
245
|
214
|
188
|
202
|
277
|
362
|
441
|
468
|
430
|
386
|
395
|
439
|
453
|
473
|
511
|
490
|
527
|
|
Net Income (Common) |
214
N/A
|
173
-19%
|
132
-24%
|
131
-1%
|
127
-3%
|
158
+24%
|
163
+3%
|
158
-3%
|
155
-2%
|
186
+20%
|
230
+24%
|
257
+12%
|
301
+17%
|
308
+2%
|
309
+0%
|
320
+3%
|
337
+5%
|
336
0%
|
360
+7%
|
373
+4%
|
379
+1%
|
386
+2%
|
331
-14%
|
298
-10%
|
245
-18%
|
214
-13%
|
188
-12%
|
202
+8%
|
277
+37%
|
362
+30%
|
441
+22%
|
468
+6%
|
430
-8%
|
386
-10%
|
395
+2%
|
439
+11%
|
453
+3%
|
473
+5%
|
511
+8%
|
490
-4%
|
527
+7%
|