Pidilite Industries Ltd
NSE:PIDILITIND
Income Statement
Earnings Waterfall
Pidilite Industries Ltd
Revenue
|
121.7B
INR
|
Cost of Revenue
|
-60.8B
INR
|
Gross Profit
|
60.9B
INR
|
Operating Expenses
|
-38.1B
INR
|
Operating Income
|
22.8B
INR
|
Other Expenses
|
-5.7B
INR
|
Net Income
|
17.1B
INR
|
Income Statement
Pidilite Industries 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 |
41 316
N/A
|
42 832
+4%
|
45 033
+5%
|
46 578
+3%
|
47 912
+3%
|
48 441
+1%
|
50 577
+4%
|
52 062
+3%
|
54 302
+4%
|
57 016
+5%
|
58 354
+2%
|
59 618
+2%
|
59 728
+0%
|
60 623
+1%
|
60 317
-1%
|
60 321
+0%
|
61 378
+2%
|
62 188
+1%
|
63 922
+3%
|
66 197
+4%
|
69 251
+5%
|
70 787
+2%
|
72 614
+3%
|
73 106
+1%
|
73 889
+1%
|
72 945
-1%
|
61 557
-16%
|
62 294
+1%
|
66 018
+6%
|
72 927
+10%
|
83 516
+15%
|
90 977
+9%
|
96 494
+6%
|
99 210
+3%
|
110 853
+12%
|
114 701
+3%
|
116 170
+1%
|
117 991
+2%
|
119 732
+1%
|
120 380
+1%
|
121 704
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(22 410)
|
(24 182)
|
(25 153)
|
(26 068)
|
(26 913)
|
(27 484)
|
(27 643)
|
(27 831)
|
(28 478)
|
(29 884)
|
(29 584)
|
(30 099)
|
(30 018)
|
(31 544)
|
(30 937)
|
(30 411)
|
(30 323)
|
(31 054)
|
(30 569)
|
(32 271)
|
(34 837)
|
(36 793)
|
(36 597)
|
(36 127)
|
(35 278)
|
(35 032)
|
(28 305)
|
(28 167)
|
(29 666)
|
(34 573)
|
(39 454)
|
(45 509)
|
(51 190)
|
(55 764)
|
(62 665)
|
(66 095)
|
(67 447)
|
(69 077)
|
(66 211)
|
(63 420)
|
(60 755)
|
|
Gross Profit |
18 907
N/A
|
18 650
-1%
|
19 880
+7%
|
20 511
+3%
|
21 000
+2%
|
20 957
0%
|
22 936
+9%
|
24 232
+6%
|
25 825
+7%
|
27 132
+5%
|
28 771
+6%
|
29 520
+3%
|
29 711
+1%
|
29 079
-2%
|
29 380
+1%
|
29 910
+2%
|
31 055
+4%
|
31 134
+0%
|
33 353
+7%
|
33 927
+2%
|
34 415
+1%
|
33 995
-1%
|
36 018
+6%
|
36 979
+3%
|
38 611
+4%
|
37 913
-2%
|
33 253
-12%
|
34 129
+3%
|
36 354
+7%
|
38 354
+6%
|
44 063
+15%
|
45 467
+3%
|
45 304
0%
|
43 446
-4%
|
48 188
+11%
|
48 606
+1%
|
48 722
+0%
|
48 914
+0%
|
53 519
+9%
|
56 960
+6%
|
60 949
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(12 808)
|
(12 649)
|
(13 858)
|
(14 421)
|
(14 656)
|
(14 354)
|
(15 317)
|
(15 602)
|
(16 137)
|
(16 328)
|
(17 488)
|
(18 076)
|
(18 338)
|
(17 506)
|
(18 641)
|
(18 628)
|
(18 977)
|
(18 861)
|
(20 484)
|
(21 190)
|
(22 041)
|
(21 455)
|
(23 119)
|
(24 133)
|
(24 599)
|
(23 797)
|
(23 049)
|
(22 557)
|
(23 082)
|
(23 366)
|
(26 470)
|
(27 630)
|
(28 494)
|
(27 048)
|
(30 340)
|
(31 288)
|
(32 018)
|
(31 394)
|
(34 720)
|
(36 478)
|
(38 109)
|
|
Selling, General & Administrative |
(4 218)
|
(10 768)
|
(4 587)
|
(4 780)
|
(4 982)
|
(12 126)
|
(5 115)
|
(5 227)
|
(5 392)
|
(13 500)
|
(5 925)
|
(6 095)
|
(6 307)
|
(14 501)
|
(6 637)
|
(6 912)
|
(7 002)
|
(15 707)
|
(7 386)
|
(7 586)
|
(7 930)
|
(18 204)
|
(8 731)
|
(9 039)
|
(9 313)
|
(19 922)
|
(8 994)
|
(9 070)
|
(9 312)
|
(19 357)
|
(10 457)
|
(10 767)
|
(10 964)
|
(23 287)
|
(11 474)
|
(11 775)
|
(12 063)
|
(27 088)
|
(12 854)
|
(13 453)
|
(14 094)
|
|
Depreciation & Amortization |
(787)
|
(812)
|
(872)
|
(977)
|
(1 071)
|
(1 178)
|
(1 168)
|
(1 103)
|
(1 044)
|
(1 005)
|
(1 021)
|
(1 076)
|
(1 123)
|
(1 151)
|
(1 207)
|
(1 200)
|
(1 197)
|
(1 199)
|
(1 187)
|
(1 207)
|
(1 236)
|
(1 268)
|
(1 404)
|
(1 490)
|
(1 588)
|
(1 699)
|
(1 783)
|
(1 860)
|
(1 936)
|
(2 007)
|
(2 112)
|
(2 236)
|
(2 346)
|
(2 396)
|
(2 443)
|
(2 476)
|
(2 557)
|
(2 697)
|
(2 818)
|
(2 934)
|
(3 043)
|
|
Other Operating Expenses |
(7 803)
|
(1 069)
|
(8 401)
|
(8 665)
|
(8 603)
|
(1 050)
|
(9 036)
|
(9 274)
|
(9 703)
|
(1 823)
|
(10 543)
|
(10 905)
|
(10 908)
|
(1 853)
|
(10 796)
|
(10 516)
|
(10 777)
|
(1 956)
|
(11 910)
|
(12 396)
|
(12 875)
|
(1 983)
|
(12 983)
|
(13 603)
|
(13 698)
|
(2 176)
|
(12 273)
|
(11 628)
|
(11 834)
|
(2 003)
|
(13 902)
|
(14 627)
|
(15 184)
|
(1 366)
|
(16 421)
|
(17 035)
|
(17 396)
|
(1 608)
|
(19 048)
|
(20 090)
|
(20 973)
|
|
Operating Income |
6 098
N/A
|
6 001
-2%
|
6 022
+0%
|
6 089
+1%
|
6 343
+4%
|
6 603
+4%
|
7 617
+15%
|
8 629
+13%
|
9 687
+12%
|
10 804
+12%
|
11 283
+4%
|
11 445
+1%
|
11 374
-1%
|
11 573
+2%
|
10 741
-7%
|
11 283
+5%
|
12 079
+7%
|
12 272
+2%
|
12 869
+5%
|
12 737
-1%
|
12 374
-3%
|
12 540
+1%
|
12 900
+3%
|
12 847
0%
|
14 013
+9%
|
14 116
+1%
|
10 204
-28%
|
11 572
+13%
|
13 272
+15%
|
14 988
+13%
|
17 593
+17%
|
17 838
+1%
|
16 811
-6%
|
16 397
-2%
|
17 850
+9%
|
17 319
-3%
|
16 705
-4%
|
17 521
+5%
|
18 799
+7%
|
20 482
+9%
|
22 840
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(196)
|
76
|
(270)
|
(185)
|
(171)
|
100
|
(218)
|
(230)
|
(191)
|
455
|
(153)
|
(135)
|
(171)
|
803
|
(170)
|
(176)
|
(129)
|
1 085
|
(184)
|
(223)
|
(250)
|
1 069
|
(227)
|
(232)
|
(251)
|
1 152
|
(321)
|
(329)
|
(368)
|
364
|
(319)
|
(356)
|
(321)
|
(263)
|
(284)
|
(253)
|
(318)
|
(372)
|
(482)
|
(541)
|
(531)
|
|
Non-Reccuring Items |
(51)
|
(65)
|
(114)
|
(114)
|
(50)
|
(49)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(239)
|
(180)
|
(402)
|
(402)
|
(552)
|
(552)
|
(330)
|
(330)
|
(122)
|
(122)
|
(122)
|
(122)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
65
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
27
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(91)
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
|
Total Other Income |
467
|
114
|
532
|
601
|
591
|
129
|
414
|
479
|
585
|
148
|
881
|
989
|
1 094
|
128
|
1 314
|
1 327
|
1 250
|
166
|
1 374
|
1 313
|
1 425
|
64
|
1 544
|
1 826
|
1 917
|
(45)
|
1 296
|
955
|
761
|
52
|
655
|
577
|
425
|
95
|
409
|
380
|
379
|
78
|
624
|
829
|
1 148
|
|
Pre-Tax Income |
6 317
N/A
|
6 123
-3%
|
6 170
+1%
|
6 393
+4%
|
6 715
+5%
|
6 779
+1%
|
7 814
+15%
|
8 878
+14%
|
10 081
+14%
|
11 408
+13%
|
12 010
+5%
|
12 297
+2%
|
12 295
0%
|
12 483
+2%
|
11 885
-5%
|
12 435
+5%
|
13 201
+6%
|
13 588
+3%
|
14 059
+3%
|
13 827
-2%
|
13 548
-2%
|
13 416
-1%
|
14 036
+5%
|
14 037
+0%
|
15 276
+9%
|
14 698
-4%
|
10 626
-28%
|
11 867
+12%
|
13 334
+12%
|
15 225
+14%
|
17 805
+17%
|
17 936
+1%
|
16 791
-6%
|
16 138
-4%
|
17 973
+11%
|
17 444
-3%
|
16 766
-4%
|
17 232
+3%
|
18 941
+10%
|
20 772
+10%
|
23 457
+13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 765)
|
(1 653)
|
(1 638)
|
(1 663)
|
(1 706)
|
(1 694)
|
(2 059)
|
(2 452)
|
(2 904)
|
(3 335)
|
(3 561)
|
(3 580)
|
(3 544)
|
(3 851)
|
(3 701)
|
(4 041)
|
(4 441)
|
(3 927)
|
(4 263)
|
(4 241)
|
(4 158)
|
(4 132)
|
(4 215)
|
(3 278)
|
(3 252)
|
(3 477)
|
(2 192)
|
(3 119)
|
(3 583)
|
(3 964)
|
(4 527)
|
(4 466)
|
(4 193)
|
(4 070)
|
(4 506)
|
(4 356)
|
(4 192)
|
(4 344)
|
(4 891)
|
(5 513)
|
(6 167)
|
|
Income from Continuing Operations |
4 552
|
4 471
|
4 533
|
4 730
|
5 009
|
5 085
|
5 754
|
6 426
|
7 177
|
8 072
|
8 449
|
8 717
|
8 751
|
8 632
|
8 183
|
8 393
|
8 758
|
9 661
|
9 796
|
9 586
|
9 391
|
9 284
|
9 821
|
10 759
|
12 024
|
11 221
|
8 434
|
8 748
|
9 751
|
11 261
|
13 278
|
13 469
|
12 597
|
12 068
|
13 466
|
13 089
|
12 574
|
12 889
|
14 051
|
15 258
|
17 290
|
|
Income to Minority Interest |
(11)
|
(3)
|
(2)
|
(4)
|
(7)
|
(10)
|
(21)
|
(36)
|
(43)
|
(44)
|
(55)
|
(43)
|
(34)
|
(32)
|
(11)
|
(15)
|
(6)
|
(37)
|
(58)
|
(43)
|
(51)
|
(35)
|
(28)
|
(41)
|
(83)
|
(56)
|
69
|
77
|
74
|
51
|
(35)
|
(44)
|
(6)
|
8
|
(56)
|
(100)
|
(128)
|
(156)
|
(173)
|
(203)
|
(172)
|
|
Equity Earnings Affiliates |
38
|
30
|
43
|
52
|
48
|
50
|
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
|
|
Net Income (Common) |
4 580
N/A
|
4 498
-2%
|
4 575
+2%
|
4 779
+4%
|
5 051
+6%
|
5 126
+1%
|
5 774
+13%
|
6 411
+11%
|
7 148
+11%
|
8 028
+12%
|
8 394
+5%
|
8 675
+3%
|
8 718
+0%
|
8 600
-1%
|
8 165
-5%
|
8 377
+3%
|
8 751
+4%
|
9 624
+10%
|
9 745
+1%
|
9 542
-2%
|
9 339
-2%
|
9 249
-1%
|
9 791
+6%
|
10 717
+9%
|
11 940
+11%
|
11 164
-6%
|
8 503
-24%
|
8 825
+4%
|
9 825
+11%
|
11 312
+15%
|
13 245
+17%
|
13 428
+1%
|
12 595
-6%
|
12 076
-4%
|
13 412
+11%
|
12 989
-3%
|
12 446
-4%
|
12 733
+2%
|
13 878
+9%
|
15 055
+8%
|
17 118
+14%
|
|
EPS (Diluted) |
8.94
N/A
|
8.77
-2%
|
8.98
+2%
|
9.13
+2%
|
9.83
+8%
|
9.99
+2%
|
11.25
+13%
|
12.49
+11%
|
13.93
+12%
|
15.65
+12%
|
16.37
+5%
|
16.92
+3%
|
17.01
+1%
|
16.77
-1%
|
15.92
-5%
|
16.33
+3%
|
17.09
+5%
|
18.94
+11%
|
19.18
+1%
|
18.78
-2%
|
18.39
-2%
|
18.2
-1%
|
19.27
+6%
|
21.09
+9%
|
23.45
+11%
|
21.97
-6%
|
16.83
-23%
|
17.36
+3%
|
19.33
+11%
|
22.24
+15%
|
26.07
+17%
|
26.43
+1%
|
24.79
-6%
|
23.72
-4%
|
26.34
+11%
|
25.56
-3%
|
24.47
-4%
|
25.03
+2%
|
27.28
+9%
|
29.59
+8%
|
33.65
+14%
|