Gujarat Narmada Valley Fertilizers & Chemicals Ltd
NSE:GNFC
Income Statement
Earnings Waterfall
Gujarat Narmada Valley Fertilizers & Chemicals Ltd
Revenue
|
80.9B
INR
|
Cost of Revenue
|
-43.2B
INR
|
Gross Profit
|
37.8B
INR
|
Operating Expenses
|
-33.5B
INR
|
Operating Income
|
4.2B
INR
|
Other Expenses
|
2.8B
INR
|
Net Income
|
7B
INR
|
Income Statement
Gujarat Narmada Valley Fertilizers & Chemicals Ltd
Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | 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 |
25 102
N/A
|
28 459
+13%
|
31 223
+10%
|
33 410
+7%
|
35 500
+6%
|
38 620
+9%
|
40 887
+6%
|
42 339
+4%
|
43 102
+2%
|
42 526
-1%
|
43 408
+2%
|
43 697
+1%
|
46 185
+6%
|
48 472
+5%
|
49 014
+1%
|
50 003
+2%
|
47 741
-5%
|
46 415
-3%
|
16 048
-65%
|
32 460
+102%
|
44 652
+38%
|
58 960
+32%
|
55 012
-7%
|
51 924
-6%
|
52 509
+1%
|
51 624
-2%
|
46 528
-10%
|
45 076
-3%
|
47 381
+5%
|
51 287
+8%
|
58 227
+14%
|
67 314
+16%
|
76 035
+13%
|
86 423
+14%
|
99 441
+15%
|
104 352
+5%
|
107 279
+3%
|
102 269
-5%
|
91 829
-10%
|
86 759
-6%
|
80 909
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13 537)
|
(15 287)
|
(16 653)
|
(18 203)
|
(19 884)
|
(22 165)
|
(24 284)
|
(25 371)
|
(25 718)
|
(25 099)
|
(25 752)
|
(25 970)
|
(28 167)
|
(30 495)
|
(31 072)
|
(32 292)
|
(30 649)
|
(29 789)
|
(6 323)
|
(13 958)
|
(20 420)
|
(30 633)
|
(28 684)
|
(28 512)
|
(28 653)
|
(29 063)
|
(24 901)
|
(22 942)
|
(22 879)
|
(25 209)
|
(24 648)
|
(30 107)
|
(34 540)
|
(42 190)
|
(46 173)
|
(49 680)
|
(52 077)
|
(52 401)
|
(47 027)
|
(44 007)
|
(43 157)
|
|
Gross Profit |
11 566
N/A
|
13 173
+14%
|
14 570
+11%
|
15 207
+4%
|
15 616
+3%
|
16 454
+5%
|
16 602
+1%
|
16 967
+2%
|
17 383
+2%
|
17 426
+0%
|
17 654
+1%
|
17 725
+0%
|
18 015
+2%
|
17 977
0%
|
17 942
0%
|
17 711
-1%
|
17 094
-3%
|
16 627
-3%
|
9 725
-42%
|
18 501
+90%
|
24 231
+31%
|
28 327
+17%
|
26 327
-7%
|
23 412
-11%
|
23 856
+2%
|
22 562
-5%
|
21 628
-4%
|
22 135
+2%
|
24 504
+11%
|
26 078
+6%
|
33 582
+29%
|
37 210
+11%
|
41 498
+12%
|
44 233
+7%
|
53 270
+20%
|
54 674
+3%
|
55 203
+1%
|
49 869
-10%
|
44 802
-10%
|
42 752
-5%
|
37 752
-12%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(10 779)
|
(10 593)
|
(10 892)
|
(11 219)
|
(11 620)
|
(12 246)
|
(12 517)
|
(12 951)
|
(13 068)
|
(12 980)
|
(13 250)
|
(13 271)
|
(13 456)
|
(13 198)
|
(13 678)
|
(14 385)
|
(15 295)
|
(15 517)
|
(7 274)
|
(12 989)
|
(18 579)
|
(22 054)
|
(22 405)
|
(22 062)
|
(21 644)
|
(19 580)
|
(20 075)
|
(19 810)
|
(20 248)
|
(18 581)
|
(22 134)
|
(23 424)
|
(24 672)
|
(23 154)
|
(28 718)
|
(31 401)
|
(34 283)
|
(33 923)
|
(35 626)
|
(34 986)
|
(33 526)
|
|
Selling, General & Administrative |
(5 530)
|
(6 089)
|
(6 341)
|
(6 594)
|
(6 769)
|
(7 248)
|
(7 320)
|
(7 414)
|
(7 341)
|
(6 960)
|
(7 200)
|
(7 339)
|
(7 677)
|
(11 491)
|
(7 764)
|
(8 221)
|
(8 630)
|
(13 179)
|
(3 617)
|
(7 199)
|
(10 476)
|
(19 166)
|
(13 827)
|
(13 639)
|
(13 498)
|
(16 598)
|
(12 347)
|
(12 026)
|
(12 177)
|
(15 632)
|
(13 173)
|
(14 118)
|
(15 202)
|
(19 923)
|
(18 416)
|
(20 918)
|
(23 667)
|
(30 438)
|
(24 971)
|
(24 161)
|
(22 621)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(1 185)
|
(1 211)
|
(1 214)
|
(1 235)
|
(1 259)
|
(1 306)
|
(1 365)
|
(1 403)
|
(1 448)
|
(1 486)
|
(1 498)
|
(1 503)
|
(1 476)
|
(1 453)
|
(1 597)
|
(1 748)
|
(1 915)
|
(2 088)
|
(667)
|
(1 323)
|
(1 983)
|
(2 625)
|
(2 605)
|
(2 619)
|
(2 628)
|
(2 639)
|
(2 662)
|
(2 673)
|
(2 701)
|
(2 719)
|
(2 760)
|
(2 788)
|
(2 858)
|
(2 913)
|
(2 976)
|
(3 037)
|
(3 030)
|
(3 021)
|
(3 029)
|
(3 039)
|
(3 039)
|
|
Other Operating Expenses |
(4 064)
|
(3 293)
|
(3 337)
|
(3 391)
|
(3 593)
|
(3 693)
|
(3 832)
|
(4 134)
|
(4 280)
|
(4 534)
|
(4 553)
|
(4 429)
|
(4 302)
|
(241)
|
(4 317)
|
(4 417)
|
(4 751)
|
(234)
|
(2 991)
|
(4 469)
|
(6 120)
|
(263)
|
(5 973)
|
(5 806)
|
(5 520)
|
(344)
|
(5 067)
|
(5 111)
|
(5 370)
|
(231)
|
(6 200)
|
(6 517)
|
(6 611)
|
(318)
|
(7 326)
|
(7 447)
|
(7 586)
|
(464)
|
(7 626)
|
(7 786)
|
(7 866)
|
|
Operating Income |
787
N/A
|
2 580
+228%
|
3 678
+43%
|
3 988
+8%
|
3 996
+0%
|
4 209
+5%
|
4 087
-3%
|
4 018
-2%
|
4 317
+7%
|
4 448
+3%
|
4 406
-1%
|
4 456
+1%
|
4 561
+2%
|
4 779
+5%
|
4 264
-11%
|
3 326
-22%
|
1 798
-46%
|
1 109
-38%
|
2 450
+121%
|
5 511
+125%
|
5 650
+3%
|
6 273
+11%
|
3 921
-37%
|
1 349
-66%
|
2 211
+64%
|
2 981
+35%
|
1 551
-48%
|
2 323
+50%
|
4 255
+83%
|
7 497
+76%
|
11 447
+53%
|
13 786
+20%
|
16 825
+22%
|
21 079
+25%
|
24 551
+16%
|
23 271
-5%
|
20 919
-10%
|
15 946
-24%
|
9 176
-42%
|
7 766
-15%
|
4 226
-46%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(177)
|
(203)
|
(246)
|
(265)
|
(271)
|
(336)
|
(390)
|
(446)
|
(537)
|
(627)
|
(668)
|
(720)
|
(815)
|
(750)
|
(1 366)
|
(1 838)
|
(2 291)
|
(2 555)
|
(37)
|
(50)
|
(55)
|
584
|
(38)
|
(31)
|
(39)
|
504
|
(158)
|
(212)
|
(208)
|
1 189
|
(90)
|
539
|
537
|
1 181
|
533
|
(46)
|
(45)
|
2 347
|
(43)
|
(43)
|
(103)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3 300)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(30)
|
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
|
(57)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
|
Total Other Income |
815
|
1 436
|
1 404
|
1 394
|
1 380
|
301
|
344
|
350
|
360
|
404
|
385
|
431
|
468
|
208
|
462
|
458
|
444
|
225
|
329
|
740
|
1 487
|
1 423
|
2 235
|
2 218
|
1 822
|
837
|
2 207
|
2 207
|
2 304
|
831
|
1 763
|
1 368
|
1 403
|
739
|
1 850
|
2 700
|
2 988
|
1 041
|
3 732
|
4 402
|
4 842
|
|
Pre-Tax Income |
1 425
N/A
|
3 813
+168%
|
4 837
+27%
|
5 119
+6%
|
5 106
0%
|
4 174
-18%
|
4 040
-3%
|
3 920
-3%
|
4 138
+6%
|
4 224
+2%
|
4 122
-2%
|
4 166
+1%
|
4 214
+1%
|
4 238
+1%
|
3 359
-21%
|
1 944
-42%
|
(51)
N/A
|
(4 521)
-8 765%
|
2 743
N/A
|
6 202
+126%
|
7 083
+14%
|
8 194
+16%
|
6 117
-25%
|
3 535
-42%
|
3 993
+13%
|
4 248
+6%
|
3 600
-15%
|
4 318
+20%
|
6 350
+47%
|
9 483
+49%
|
13 119
+38%
|
15 693
+20%
|
18 765
+20%
|
22 981
+22%
|
26 935
+17%
|
25 926
-4%
|
23 863
-8%
|
19 316
-19%
|
12 866
-33%
|
12 126
-6%
|
8 966
-26%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(510)
|
(1 147)
|
(1 528)
|
(1 641)
|
(1 651)
|
(1 337)
|
(1 293)
|
(1 257)
|
(1 329)
|
(1 494)
|
(1 466)
|
(1 487)
|
(1 466)
|
(1 316)
|
(1 188)
|
(824)
|
(365)
|
0
|
(888)
|
(1 384)
|
(608)
|
(782)
|
103
|
541
|
(456)
|
(532)
|
(533)
|
(683)
|
(1 432)
|
(2 591)
|
(3 844)
|
(4 982)
|
(5 071)
|
(5 943)
|
(6 606)
|
(6 050)
|
(6 131)
|
(4 676)
|
(3 066)
|
(2 916)
|
(2 046)
|
|
Income from Continuing Operations |
914
|
2 666
|
3 310
|
3 479
|
3 457
|
2 839
|
2 749
|
2 664
|
2 809
|
2 731
|
2 657
|
2 680
|
2 749
|
2 923
|
2 170
|
1 119
|
(417)
|
(4 521)
|
1 855
|
4 818
|
6 475
|
7 412
|
6 220
|
4 076
|
3 537
|
3 717
|
3 067
|
3 635
|
4 918
|
6 892
|
9 276
|
10 712
|
13 694
|
17 038
|
20 329
|
19 876
|
17 733
|
14 640
|
9 800
|
9 210
|
6 920
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
91
|
24
|
46
|
70
|
86
|
92
|
102
|
95
|
91
|
76
|
66
|
74
|
77
|
82
|
84
|
84
|
67
|
73
|
59
|
54
|
76
|
76
|
106
|
106
|
|
Net Income (Common) |
914
N/A
|
2 666
+192%
|
3 310
+24%
|
3 479
+5%
|
3 457
-1%
|
2 839
-18%
|
2 749
-3%
|
2 664
-3%
|
2 809
+5%
|
2 731
-3%
|
2 657
-3%
|
2 680
+1%
|
2 749
+3%
|
2 923
+6%
|
2 170
-26%
|
1 119
-48%
|
(417)
N/A
|
(4 430)
-962%
|
1 879
N/A
|
4 864
+159%
|
6 545
+35%
|
7 497
+15%
|
6 312
-16%
|
4 178
-34%
|
3 632
-13%
|
5 080
+40%
|
4 416
-13%
|
4 974
+13%
|
6 265
+26%
|
6 970
+11%
|
9 358
+34%
|
10 796
+15%
|
13 778
+28%
|
17 104
+24%
|
20 401
+19%
|
19 934
-2%
|
17 786
-11%
|
14 715
-17%
|
9 875
-33%
|
9 315
-6%
|
7 025
-25%
|
|
EPS (Diluted) |
5.82
N/A
|
17.2
+196%
|
21.35
+24%
|
22.3
+4%
|
22.3
N/A
|
18.31
-18%
|
17.73
-3%
|
16.96
-4%
|
18.11
+7%
|
17.5
-3%
|
17.14
-2%
|
17.17
+0%
|
17.62
+3%
|
18.85
+7%
|
14
-26%
|
7.22
-48%
|
-2.69
N/A
|
-28.58
-962%
|
12.12
N/A
|
31.38
+159%
|
42.22
+35%
|
48.36
+15%
|
40.72
-16%
|
26.95
-34%
|
23.43
-13%
|
32.77
+40%
|
28.49
-13%
|
32.09
+13%
|
40.41
+26%
|
44.96
+11%
|
60.37
+34%
|
69.65
+15%
|
88.89
+28%
|
110.34
+24%
|
131.61
+19%
|
128.6
-2%
|
114.74
-11%
|
94.68
-17%
|
63.74
-33%
|
60.08
-6%
|
45.62
-24%
|