Va Tech Wabag Ltd
NSE:WABAG
Income Statement
Earnings Waterfall
Va Tech Wabag Ltd
Revenue
|
28.5B
INR
|
Cost of Revenue
|
-21.6B
INR
|
Gross Profit
|
6.9B
INR
|
Operating Expenses
|
-5.7B
INR
|
Operating Income
|
1.2B
INR
|
Other Expenses
|
-543.4m
INR
|
Net Income
|
620m
INR
|
Income Statement
Va Tech Wabag 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 |
20 264
N/A
|
22 386
+10%
|
23 535
+5%
|
23 950
+2%
|
24 251
+1%
|
24 352
+0%
|
24 896
+2%
|
25 759
+3%
|
25 671
0%
|
25 083
-2%
|
26 330
+5%
|
28 173
+7%
|
29 250
+4%
|
32 079
+10%
|
32 962
+3%
|
34 051
+3%
|
35 515
+4%
|
34 573
-3%
|
34 766
+1%
|
33 421
-4%
|
31 393
-6%
|
27 810
-11%
|
25 497
-8%
|
24 338
-5%
|
24 513
+1%
|
25 572
+4%
|
25 315
-1%
|
25 038
-1%
|
26 204
+5%
|
28 345
+8%
|
30 617
+8%
|
31 373
+2%
|
30 868
-2%
|
29 793
-3%
|
29 531
-1%
|
30 195
+2%
|
29 256
-3%
|
29 605
+1%
|
28 817
-3%
|
27 963
-3%
|
28 491
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(15 103)
|
(16 965)
|
(17 974)
|
(18 319)
|
(18 628)
|
(18 388)
|
(18 779)
|
(19 723)
|
(19 678)
|
(19 422)
|
(20 676)
|
(22 185)
|
(22 798)
|
(25 453)
|
(26 009)
|
(26 818)
|
(28 269)
|
(27 368)
|
(27 232)
|
(26 090)
|
(24 312)
|
(21 249)
|
(19 329)
|
(18 134)
|
(18 303)
|
(19 386)
|
(19 341)
|
(19 308)
|
(20 415)
|
(22 353)
|
(24 430)
|
(24 836)
|
(24 218)
|
(23 091)
|
(22 712)
|
(23 413)
|
(22 316)
|
(22 721)
|
(21 864)
|
(20 960)
|
(21 625)
|
|
Gross Profit |
5 163
N/A
|
5 421
+5%
|
5 562
+3%
|
5 632
+1%
|
5 623
0%
|
5 963
+6%
|
6 118
+3%
|
6 038
-1%
|
5 995
-1%
|
5 661
-6%
|
5 654
0%
|
5 987
+6%
|
6 451
+8%
|
6 626
+3%
|
6 953
+5%
|
7 233
+4%
|
7 246
+0%
|
7 205
-1%
|
7 534
+5%
|
7 331
-3%
|
7 081
-3%
|
6 561
-7%
|
6 168
-6%
|
6 204
+1%
|
6 210
+0%
|
6 185
0%
|
5 974
-3%
|
5 730
-4%
|
5 790
+1%
|
5 992
+3%
|
6 187
+3%
|
6 537
+6%
|
6 649
+2%
|
6 702
+1%
|
6 819
+2%
|
6 782
-1%
|
6 940
+2%
|
6 883
-1%
|
6 953
+1%
|
7 003
+1%
|
6 866
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 399)
|
(3 439)
|
(3 617)
|
(3 750)
|
(3 772)
|
(3 987)
|
(4 054)
|
(3 826)
|
(3 757)
|
(3 520)
|
(3 534)
|
(3 756)
|
(3 866)
|
(3 875)
|
(4 034)
|
(4 117)
|
(4 145)
|
(4 462)
|
(4 799)
|
(4 739)
|
(4 770)
|
(4 579)
|
(4 422)
|
(4 474)
|
(4 296)
|
(4 167)
|
(4 039)
|
(3 968)
|
(3 992)
|
(3 827)
|
(4 081)
|
(4 289)
|
(4 334)
|
(4 438)
|
(4 644)
|
(4 632)
|
(4 802)
|
(3 786)
|
(3 463)
|
(6 080)
|
(5 702)
|
|
Selling, General & Administrative |
(2 291)
|
(3 105)
|
(2 244)
|
(2 327)
|
(2 448)
|
(3 697)
|
(2 747)
|
(2 590)
|
(2 358)
|
(3 116)
|
(2 163)
|
(2 299)
|
(2 441)
|
(3 650)
|
(2 522)
|
(2 540)
|
(2 551)
|
(4 103)
|
(2 635)
|
(2 632)
|
(2 673)
|
(4 263)
|
(2 499)
|
(2 457)
|
(2 368)
|
(3 879)
|
(2 227)
|
(2 104)
|
(1 988)
|
(3 540)
|
(2 093)
|
(2 224)
|
(2 371)
|
(4 201)
|
(2 566)
|
(2 608)
|
(2 619)
|
(3 584)
|
(2 587)
|
(2 538)
|
(2 449)
|
|
Research & Development |
0
|
(21)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(146)
|
(150)
|
(151)
|
(168)
|
(178)
|
(109)
|
(161)
|
(159)
|
(154)
|
(205)
|
(200)
|
(194)
|
(190)
|
(191)
|
(190)
|
(188)
|
(185)
|
(178)
|
(176)
|
(173)
|
(171)
|
(168)
|
(160)
|
(161)
|
(156)
|
(154)
|
(148)
|
(140)
|
(134)
|
(121)
|
(119)
|
(110)
|
(103)
|
(101)
|
(97)
|
(93)
|
(92)
|
(88)
|
(83)
|
(82)
|
(81)
|
|
Other Operating Expenses |
(962)
|
(163)
|
(1 221)
|
(1 255)
|
(1 147)
|
(167)
|
(1 148)
|
(1 078)
|
(1 245)
|
(185)
|
(1 171)
|
(1 263)
|
(1 235)
|
(24)
|
(1 323)
|
(1 391)
|
(1 411)
|
(172)
|
(1 990)
|
(1 936)
|
(1 928)
|
(145)
|
(1 765)
|
(1 857)
|
(1 773)
|
(127)
|
(1 665)
|
(1 725)
|
(1 871)
|
(135)
|
(1 868)
|
(1 954)
|
(1 859)
|
(102)
|
(1 982)
|
(1 932)
|
(2 092)
|
(79)
|
(794)
|
(3 461)
|
(3 173)
|
|
Operating Income |
1 764
N/A
|
1 982
+12%
|
1 947
-2%
|
1 882
-3%
|
1 852
-2%
|
1 976
+7%
|
2 064
+4%
|
2 213
+7%
|
2 239
+1%
|
2 140
-4%
|
2 121
-1%
|
2 232
+5%
|
2 585
+16%
|
2 752
+6%
|
2 919
+6%
|
3 116
+7%
|
3 101
0%
|
2 743
-12%
|
2 735
0%
|
2 591
-5%
|
2 310
-11%
|
1 982
-14%
|
1 745
-12%
|
1 731
-1%
|
1 916
+11%
|
2 019
+5%
|
1 936
-4%
|
1 762
-9%
|
1 797
+2%
|
2 165
+20%
|
2 107
-3%
|
2 249
+7%
|
2 316
+3%
|
2 264
-2%
|
2 175
-4%
|
2 150
-1%
|
2 138
-1%
|
3 098
+45%
|
3 490
+13%
|
922
-74%
|
1 163
+26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(253)
|
(181)
|
(257)
|
(234)
|
(252)
|
(56)
|
(547)
|
(620)
|
(612)
|
(355)
|
(511)
|
(493)
|
(1 145)
|
(704)
|
(1 229)
|
(1 265)
|
(658)
|
(190)
|
(552)
|
(581)
|
(634)
|
(557)
|
(849)
|
(944)
|
(1 007)
|
(395)
|
(983)
|
(955)
|
(911)
|
(326)
|
(887)
|
(873)
|
(896)
|
(143)
|
(814)
|
(743)
|
(661)
|
281
|
(675)
|
(693)
|
(717)
|
|
Non-Reccuring Items |
0
|
51
|
51
|
51
|
51
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
193
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
66
|
0
|
0
|
0
|
(2 842)
|
(2 892)
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(6)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(184)
|
0
|
0
|
0
|
(244)
|
0
|
0
|
0
|
(212)
|
134
|
153
|
188
|
(258)
|
186
|
169
|
142
|
(308)
|
43
|
46
|
43
|
(328)
|
49
|
99
|
122
|
(489)
|
353
|
315
|
323
|
(537)
|
212
|
225
|
244
|
(514)
|
513
|
712
|
677
|
(371)
|
495
|
420
|
437
|
|
Pre-Tax Income |
1 510
N/A
|
1 662
+10%
|
1 740
+5%
|
1 700
-2%
|
1 652
-3%
|
1 671
+1%
|
1 518
-9%
|
1 593
+5%
|
1 626
+2%
|
1 571
-3%
|
1 743
+11%
|
1 891
+8%
|
1 628
-14%
|
1 789
+10%
|
1 876
+5%
|
2 021
+8%
|
2 587
+28%
|
2 245
-13%
|
2 227
-1%
|
2 056
-8%
|
1 719
-16%
|
1 097
-36%
|
946
-14%
|
886
-6%
|
1 030
+16%
|
1 325
+29%
|
1 305
-2%
|
1 122
-14%
|
1 209
+8%
|
1 303
+8%
|
1 431
+10%
|
1 600
+12%
|
1 663
+4%
|
1 684
+1%
|
1 874
+11%
|
2 118
+13%
|
2 153
+2%
|
168
-92%
|
417
+148%
|
650
+56%
|
884
+36%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(493)
|
(526)
|
(526)
|
(514)
|
(542)
|
(566)
|
(616)
|
(680)
|
(665)
|
(668)
|
(680)
|
(715)
|
(645)
|
(667)
|
(717)
|
(751)
|
(954)
|
(774)
|
(714)
|
(635)
|
(536)
|
(205)
|
(189)
|
(176)
|
(159)
|
(755)
|
(693)
|
(609)
|
(597)
|
(295)
|
(328)
|
(377)
|
(366)
|
(363)
|
(400)
|
(439)
|
(463)
|
(59)
|
(110)
|
(206)
|
(280)
|
|
Income from Continuing Operations |
1 018
|
1 136
|
1 215
|
1 187
|
1 111
|
1 105
|
902
|
913
|
961
|
903
|
1 063
|
1 175
|
982
|
1 122
|
1 158
|
1 269
|
1 631
|
1 471
|
1 510
|
1 419
|
1 182
|
892
|
756
|
710
|
872
|
570
|
614
|
514
|
611
|
1 008
|
1 103
|
1 223
|
1 298
|
1 321
|
1 474
|
1 680
|
1 690
|
109
|
307
|
443
|
604
|
|
Income to Minority Interest |
(2)
|
(9)
|
(12)
|
(11)
|
(12)
|
(20)
|
(21)
|
(33)
|
(27)
|
(16)
|
(26)
|
(39)
|
(64)
|
(98)
|
(103)
|
(102)
|
(156)
|
(155)
|
(150)
|
(53)
|
56
|
158
|
189
|
148
|
140
|
70
|
51
|
47
|
59
|
93
|
99
|
74
|
24
|
(2)
|
(5)
|
(6)
|
13
|
19
|
21
|
20
|
17
|
|
Equity Earnings Affiliates |
7
|
6
|
4
|
13
|
12
|
16
|
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) |
1 023
N/A
|
1 134
+11%
|
1 207
+6%
|
1 189
-1%
|
1 110
-7%
|
1 101
-1%
|
901
-18%
|
887
-2%
|
941
+6%
|
887
-6%
|
1 037
+17%
|
1 135
+9%
|
917
-19%
|
1 024
+12%
|
1 055
+3%
|
1 167
+11%
|
1 476
+26%
|
1 315
-11%
|
1 362
+4%
|
1 368
+0%
|
1 239
-9%
|
1 050
-15%
|
946
-10%
|
859
-9%
|
1 013
+18%
|
910
-10%
|
935
+3%
|
831
-11%
|
941
+13%
|
1 101
+17%
|
1 202
+9%
|
1 297
+8%
|
1 321
+2%
|
1 319
0%
|
1 468
+11%
|
1 673
+14%
|
1 702
+2%
|
129
-92%
|
327
+154%
|
462
+41%
|
620
+34%
|
|
EPS (Diluted) |
19.3
N/A
|
21
+9%
|
22.77
+8%
|
23.78
+4%
|
23.12
-3%
|
20.01
-13%
|
16.68
-17%
|
16.42
-2%
|
17.42
+6%
|
16.12
-7%
|
18.85
+17%
|
20.63
+9%
|
16.98
-18%
|
18.61
+10%
|
19.18
+3%
|
21.21
+11%
|
27.33
+29%
|
23.9
-13%
|
24.76
+4%
|
27.91
+13%
|
22.52
-19%
|
19.09
-15%
|
17.2
-10%
|
15.33
-11%
|
21.1
+38%
|
16.54
-22%
|
17
+3%
|
18.46
+9%
|
20.45
+11%
|
18.98
-7%
|
19.38
+2%
|
20.91
+8%
|
19.14
-8%
|
21.27
+11%
|
21.27
N/A
|
22.91
+8%
|
46
+101%
|
2.07
-96%
|
5.12
+147%
|
6.8
+33%
|
12.38
+82%
|