Garden Reach Shipbuilders & Engineers Ltd
NSE:GRSE
Income Statement
Earnings Waterfall
Garden Reach Shipbuilders & Engineers Ltd
Revenue
|
31.8B
INR
|
Cost of Revenue
|
-24.7B
INR
|
Gross Profit
|
7B
INR
|
Operating Expenses
|
-5.8B
INR
|
Operating Income
|
1.2B
INR
|
Other Expenses
|
1.8B
INR
|
Net Income
|
3B
INR
|
Income Statement
Garden Reach Shipbuilders & Engineers Ltd
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 |
13 864
N/A
|
13 635
-2%
|
15 848
+16%
|
14 658
-8%
|
14 333
-2%
|
13 753
-4%
|
12 087
-12%
|
11 987
-1%
|
11 408
-5%
|
13 351
+17%
|
14 845
+11%
|
16 117
+9%
|
17 544
+9%
|
20 331
+16%
|
22 933
+13%
|
25 055
+9%
|
25 611
+2%
|
27 373
+7%
|
29 532
+8%
|
31 771
+8%
|
|
Gross Profit | |||||||||||||||||||||
Cost of Revenue |
(7 735)
|
(7 217)
|
(9 510)
|
(9 068)
|
(9 012)
|
(8 844)
|
(7 224)
|
(6 870)
|
(6 193)
|
(7 569)
|
(8 793)
|
(10 033)
|
(12 079)
|
(14 311)
|
(16 937)
|
(18 844)
|
(19 398)
|
(20 636)
|
(22 652)
|
(24 750)
|
|
Gross Profit |
6 130
N/A
|
6 418
+5%
|
6 338
-1%
|
5 590
-12%
|
5 321
-5%
|
4 909
-8%
|
4 864
-1%
|
5 117
+5%
|
5 215
+2%
|
5 782
+11%
|
6 052
+5%
|
6 084
+1%
|
5 466
-10%
|
6 020
+10%
|
5 996
0%
|
6 212
+4%
|
6 213
+0%
|
6 737
+8%
|
6 880
+2%
|
7 021
+2%
|
|
Operating Income | |||||||||||||||||||||
Operating Expenses |
(5 972)
|
(6 168)
|
(5 827)
|
(5 508)
|
(5 212)
|
(5 136)
|
(4 891)
|
(4 719)
|
(4 577)
|
(4 925)
|
(5 008)
|
(4 958)
|
(4 345)
|
(4 676)
|
(4 728)
|
(4 995)
|
(4 986)
|
(5 519)
|
(5 663)
|
(5 791)
|
|
Selling, General & Administrative |
(5 702)
|
(4 751)
|
(4 426)
|
(4 102)
|
(4 853)
|
(3 655)
|
(3 393)
|
(3 224)
|
(4 211)
|
(3 413)
|
(3 465)
|
(3 407)
|
(3 799)
|
(3 268)
|
(3 362)
|
(3 490)
|
(4 401)
|
(3 922)
|
(4 084)
|
(4 220)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(129)
|
0
|
0
|
0
|
(137)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(271)
|
(272)
|
(281)
|
(289)
|
(301)
|
(308)
|
(290)
|
(292)
|
(291)
|
(288)
|
(317)
|
(338)
|
(357)
|
(378)
|
(387)
|
(388)
|
(392)
|
(398)
|
(404)
|
(409)
|
|
Other Operating Expenses |
1
|
(1 145)
|
(1 119)
|
(1 118)
|
1
|
(1 173)
|
(1 208)
|
(1 202)
|
(76)
|
(1 225)
|
(1 227)
|
(1 212)
|
(60)
|
(1 030)
|
(978)
|
(1 118)
|
(57)
|
(1 198)
|
(1 175)
|
(1 162)
|
|
Operating Income |
157
N/A
|
250
+59%
|
512
+105%
|
82
-84%
|
109
+34%
|
(227)
N/A
|
(27)
+88%
|
398
N/A
|
638
+60%
|
857
+34%
|
1 044
+22%
|
1 126
+8%
|
1 120
0%
|
1 344
+20%
|
1 268
-6%
|
1 216
-4%
|
1 227
+1%
|
1 218
-1%
|
1 217
0%
|
1 231
+1%
|
|
Pre-Tax Income | |||||||||||||||||||||
Interest Income Expense |
1 678
|
(49)
|
(44)
|
(31)
|
2 039
|
(13)
|
(10)
|
(2)
|
1 636
|
(29)
|
(34)
|
(31)
|
1 484
|
(11)
|
(10)
|
(22)
|
1 790
|
(105)
|
(124)
|
(123)
|
|
Non-Reccuring Items |
(28)
|
(22)
|
(22)
|
(0)
|
(111)
|
(106)
|
(314)
|
(314)
|
(327)
|
(284)
|
(77)
|
(77)
|
(80)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
3
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
|
Total Other Income |
(20)
|
1 798
|
2 129
|
2 227
|
190
|
2 241
|
2 014
|
1 895
|
107
|
1 775
|
1 663
|
1 708
|
42
|
1 617
|
1 663
|
1 727
|
33
|
2 316
|
2 623
|
2 936
|
|
Pre-Tax Income |
1 790
N/A
|
1 977
+10%
|
2 575
+30%
|
2 277
-12%
|
2 239
-2%
|
1 894
-15%
|
1 662
-12%
|
1 977
+19%
|
2 071
+5%
|
2 318
+12%
|
2 596
+12%
|
2 726
+5%
|
2 572
-6%
|
2 950
+15%
|
2 922
-1%
|
2 921
0%
|
3 052
+4%
|
3 429
+12%
|
3 716
+8%
|
4 044
+9%
|
|
Net Income | |||||||||||||||||||||
Tax Provision |
(690)
|
(703)
|
(923)
|
(803)
|
(604)
|
(511)
|
(492)
|
(526)
|
(536)
|
(579)
|
(646)
|
(723)
|
(677)
|
(759)
|
(731)
|
(721)
|
(771)
|
(883)
|
(950)
|
(1 034)
|
|
Income from Continuing Operations |
1 099
|
1 274
|
1 653
|
1 474
|
1 635
|
1 384
|
1 170
|
1 452
|
1 535
|
1 739
|
1 950
|
2 003
|
1 895
|
2 191
|
2 190
|
2 200
|
2 281
|
2 546
|
2 766
|
3 010
|
|
Net Income (Common) |
1 099
N/A
|
1 274
+16%
|
1 653
+30%
|
1 474
-11%
|
1 635
+11%
|
1 384
-15%
|
1 170
-15%
|
1 452
+24%
|
1 535
+6%
|
1 739
+13%
|
1 950
+12%
|
2 003
+3%
|
1 895
-5%
|
2 191
+16%
|
2 190
0%
|
2 200
+0%
|
2 281
+4%
|
2 546
+12%
|
2 766
+9%
|
3 010
+9%
|
|
EPS (Diluted) |
9.55
N/A
|
11.13
+17%
|
14.2
+28%
|
12.86
-9%
|
14.21
+10%
|
12.06
-15%
|
10.21
-15%
|
12.67
+24%
|
13.4
+6%
|
15.19
+13%
|
17.03
+12%
|
17.49
+3%
|
16.55
-5%
|
19.13
+16%
|
19.13
N/A
|
19.22
+0%
|
19.91
+4%
|
22.22
+12%
|
24.14
+9%
|
26.26
+9%
|