Greenlam Industries Ltd
NSE:GREENLAM
Income Statement
Earnings Waterfall
Greenlam Industries Ltd
Revenue
|
27.3B
INR
|
Cost of Revenue
|
-13.1B
INR
|
Gross Profit
|
14.2B
INR
|
Operating Expenses
|
-11.6B
INR
|
Operating Income
|
2.5B
INR
|
Other Expenses
|
-774.5m
INR
|
Net Income
|
1.8B
INR
|
Income Statement
Greenlam Industries Ltd
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 |
11 163
N/A
|
11 318
+1%
|
11 189
-1%
|
11 482
+3%
|
11 557
+1%
|
11 551
0%
|
11 979
+4%
|
12 316
+3%
|
12 807
+4%
|
12 821
+0%
|
13 127
+2%
|
13 568
+3%
|
13 206
-3%
|
11 914
-10%
|
11 317
-5%
|
11 083
-2%
|
11 996
+8%
|
13 754
+15%
|
15 402
+12%
|
16 553
+7%
|
17 034
+3%
|
18 379
+8%
|
19 018
+3%
|
19 555
+3%
|
20 260
+4%
|
20 706
+2%
|
26 714
+29%
|
27 313
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(6 426)
|
(6 169)
|
(5 996)
|
(6 115)
|
(6 480)
|
(6 045)
|
(6 351)
|
(6 520)
|
(7 316)
|
(6 834)
|
(6 960)
|
(7 119)
|
(7 140)
|
(6 050)
|
(5 679)
|
(5 501)
|
(6 447)
|
(7 029)
|
(7 981)
|
(8 882)
|
(10 107)
|
(10 076)
|
(10 518)
|
(10 616)
|
(11 657)
|
(10 665)
|
(13 185)
|
(13 132)
|
|
Gross Profit |
4 737
N/A
|
5 150
+9%
|
5 194
+1%
|
5 367
+3%
|
5 078
-5%
|
5 505
+8%
|
5 628
+2%
|
5 796
+3%
|
5 491
-5%
|
5 987
+9%
|
6 168
+3%
|
6 449
+5%
|
6 065
-6%
|
5 864
-3%
|
5 639
-4%
|
5 582
-1%
|
5 549
-1%
|
6 725
+21%
|
7 421
+10%
|
7 672
+3%
|
6 927
-10%
|
8 303
+20%
|
8 499
+2%
|
8 939
+5%
|
8 602
-4%
|
10 041
+17%
|
13 529
+35%
|
14 182
+5%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(3 682)
|
(4 100)
|
(4 112)
|
(4 195)
|
(3 947)
|
(4 371)
|
(4 484)
|
(4 634)
|
(4 256)
|
(4 812)
|
(4 962)
|
(5 151)
|
(4 800)
|
(4 867)
|
(4 709)
|
(4 625)
|
(4 354)
|
(5 376)
|
(5 898)
|
(6 207)
|
(5 633)
|
(6 928)
|
(7 030)
|
(7 465)
|
(6 902)
|
(8 231)
|
(11 071)
|
(11 642)
|
|
Selling, General & Administrative |
(3 315)
|
(1 566)
|
(1 599)
|
(1 658)
|
(3 587)
|
(1 781)
|
(1 833)
|
(1 888)
|
(3 888)
|
(1 974)
|
(2 033)
|
(2 120)
|
(4 275)
|
(2 106)
|
(2 028)
|
(1 995)
|
(3 798)
|
(2 251)
|
(2 471)
|
(2 588)
|
(5 048)
|
(2 745)
|
(2 816)
|
(2 959)
|
(6 269)
|
(3 369)
|
(4 654)
|
(4 941)
|
|
Depreciation & Amortization |
(366)
|
(360)
|
(357)
|
(356)
|
(360)
|
(364)
|
(366)
|
(367)
|
(368)
|
(371)
|
(433)
|
(476)
|
(525)
|
(565)
|
(553)
|
(557)
|
(556)
|
(563)
|
(567)
|
(580)
|
(585)
|
(590)
|
(600)
|
(609)
|
(632)
|
(659)
|
(873)
|
(956)
|
|
Other Operating Expenses |
0
|
(2 175)
|
(2 156)
|
(2 181)
|
0
|
(2 226)
|
(2 285)
|
(2 379)
|
0
|
(2 467)
|
(2 495)
|
(2 555)
|
0
|
(2 197)
|
(2 128)
|
(2 073)
|
0
|
(2 562)
|
(2 860)
|
(3 039)
|
0
|
(3 593)
|
(3 614)
|
(3 897)
|
0
|
(4 203)
|
(5 543)
|
(5 745)
|
|
Operating Income |
1 055
N/A
|
1 049
-1%
|
1 082
+3%
|
1 172
+8%
|
1 131
-4%
|
1 135
+0%
|
1 144
+1%
|
1 162
+2%
|
1 235
+6%
|
1 176
-5%
|
1 206
+3%
|
1 299
+8%
|
1 265
-3%
|
997
-21%
|
929
-7%
|
958
+3%
|
1 195
+25%
|
1 349
+13%
|
1 524
+13%
|
1 465
-4%
|
1 294
-12%
|
1 375
+6%
|
1 469
+7%
|
1 475
+0%
|
1 701
+15%
|
1 810
+6%
|
2 459
+36%
|
2 540
+3%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(298)
|
(249)
|
(220)
|
(197)
|
(170)
|
(175)
|
(179)
|
(179)
|
(181)
|
(173)
|
(190)
|
(200)
|
(184)
|
(223)
|
(202)
|
(187)
|
(164)
|
(153)
|
(141)
|
(142)
|
(106)
|
(160)
|
(184)
|
(204)
|
(118)
|
(255)
|
(364)
|
(447)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(124)
|
0
|
(150)
|
(150)
|
(26)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
|
Total Other Income |
1
|
26
|
18
|
11
|
5
|
13
|
13
|
14
|
8
|
13
|
22
|
25
|
10
|
52
|
61
|
69
|
56
|
84
|
89
|
90
|
38
|
78
|
109
|
148
|
57
|
196
|
242
|
213
|
|
Pre-Tax Income |
757
N/A
|
826
+9%
|
879
+6%
|
987
+12%
|
965
-2%
|
973
+1%
|
977
+0%
|
997
+2%
|
1 063
+7%
|
1 016
-4%
|
1 037
+2%
|
1 124
+8%
|
1 083
-4%
|
826
-24%
|
788
-5%
|
839
+7%
|
960
+14%
|
1 280
+33%
|
1 322
+3%
|
1 263
-4%
|
1 191
-6%
|
1 294
+9%
|
1 394
+8%
|
1 419
+2%
|
1 641
+16%
|
1 750
+7%
|
2 337
+33%
|
2 306
-1%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(260)
|
(281)
|
(312)
|
(342)
|
(319)
|
(308)
|
(290)
|
(285)
|
(291)
|
(314)
|
(243)
|
(237)
|
(217)
|
(120)
|
(172)
|
(194)
|
(223)
|
(293)
|
(313)
|
(305)
|
(286)
|
(316)
|
(331)
|
(344)
|
(361)
|
(393)
|
(552)
|
(551)
|
|
Income from Continuing Operations |
497
|
546
|
567
|
646
|
646
|
665
|
688
|
712
|
771
|
702
|
795
|
887
|
867
|
706
|
616
|
645
|
737
|
987
|
1 009
|
958
|
906
|
978
|
1 063
|
1 076
|
1 280
|
1 357
|
1 785
|
1 756
|
|
Income to Minority Interest |
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
2
|
2
|
1
|
2
|
4
|
9
|
10
|
9
|
|
Net Income (Common) |
497
N/A
|
546
+10%
|
567
+4%
|
645
+14%
|
646
+0%
|
665
+3%
|
688
+3%
|
712
+4%
|
771
+8%
|
702
-9%
|
794
+13%
|
887
+12%
|
867
-2%
|
706
-19%
|
617
-13%
|
645
+5%
|
738
+14%
|
989
+34%
|
1 011
+2%
|
961
-5%
|
907
-6%
|
980
+8%
|
1 064
+9%
|
1 078
+1%
|
1 284
+19%
|
1 366
+6%
|
1 795
+31%
|
1 765
-2%
|
|
EPS (Diluted) |
20.7
N/A
|
22.64
+9%
|
23.53
+4%
|
28.3
+20%
|
26.91
-5%
|
27.6
+3%
|
28.42
+3%
|
29.55
+4%
|
32.12
+9%
|
29.1
-9%
|
32.95
+13%
|
36.8
+12%
|
36.12
-2%
|
29.3
-19%
|
25.58
-13%
|
26.77
+5%
|
6.11
-77%
|
8.18
+34%
|
8.37
+2%
|
7.96
-5%
|
7.52
-6%
|
8.12
+8%
|
8.48
+4%
|
8.67
+2%
|
10.27
+18%
|
10.75
+5%
|
14.04
+31%
|
13.81
-2%
|