UltraTech Cement Ltd
OTC:UCLQF
Income Statement
Earnings Waterfall
UltraTech Cement Ltd
Revenue
|
691.5B
INR
|
Cost of Revenue
|
-300.2B
INR
|
Gross Profit
|
391.3B
INR
|
Operating Expenses
|
-300.5B
INR
|
Operating Income
|
90.9B
INR
|
Other Expenses
|
-26.7B
INR
|
Net Income
|
64.1B
INR
|
Income Statement
UltraTech Cement Ltd
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 |
216 515
N/A
|
223 881
+3%
|
232 889
+4%
|
240 665
+3%
|
243 400
+1%
|
254 649
+5%
|
263 624
+4%
|
272 798
+3%
|
283 916
+4%
|
286 868
+1%
|
285 259
-1%
|
284 223
0%
|
286 459
+1%
|
289 591
+1%
|
292 417
+1%
|
303 811
+4%
|
318 725
+5%
|
335 268
+5%
|
359 849
+7%
|
385 286
+7%
|
416 088
+8%
|
434 688
+4%
|
439 430
+1%
|
439 382
0%
|
424 211
-3%
|
386 502
-9%
|
393 138
+2%
|
411 286
+5%
|
447 256
+9%
|
488 845
+9%
|
505 142
+3%
|
512 450
+1%
|
525 986
+3%
|
559 330
+6%
|
578 089
+3%
|
603 449
+4%
|
632 395
+5%
|
658 131
+4%
|
679 325
+3%
|
691 516
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(96 494)
|
(86 531)
|
(89 146)
|
(91 639)
|
(105 972)
|
(100 046)
|
(107 069)
|
(113 819)
|
(136 538)
|
(121 482)
|
(118 900)
|
(118 070)
|
(134 734)
|
(122 896)
|
(121 236)
|
(123 604)
|
(142 065)
|
(129 044)
|
(140 942)
|
(152 430)
|
(164 192)
|
(166 291)
|
(165 249)
|
(161 665)
|
(150 307)
|
(136 766)
|
(136 436)
|
(139 387)
|
(176 403)
|
(167 106)
|
(174 398)
|
(185 254)
|
(229 305)
|
(225 200)
|
(245 859)
|
(264 207)
|
(313 187)
|
(297 378)
|
(303 015)
|
(300 181)
|
|
Gross Profit |
120 021
N/A
|
137 350
+14%
|
143 743
+5%
|
149 026
+4%
|
137 428
-8%
|
154 603
+12%
|
156 554
+1%
|
158 977
+2%
|
147 378
-7%
|
165 384
+12%
|
166 358
+1%
|
166 153
0%
|
151 726
-9%
|
166 695
+10%
|
171 181
+3%
|
180 207
+5%
|
176 659
-2%
|
206 223
+17%
|
218 905
+6%
|
232 853
+6%
|
251 896
+8%
|
268 395
+7%
|
274 180
+2%
|
277 718
+1%
|
273 904
-1%
|
249 737
-9%
|
256 703
+3%
|
271 899
+6%
|
270 853
0%
|
321 739
+19%
|
330 744
+3%
|
327 197
-1%
|
296 681
-9%
|
334 129
+13%
|
332 230
-1%
|
339 242
+2%
|
319 208
-6%
|
360 754
+13%
|
376 311
+4%
|
391 335
+4%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(91 059)
|
(108 823)
|
(113 565)
|
(117 301)
|
(105 164)
|
(121 390)
|
(122 556)
|
(123 822)
|
(112 078)
|
(127 602)
|
(126 702)
|
(126 469)
|
(113 063)
|
(127 232)
|
(132 407)
|
(141 477)
|
(133 663)
|
(164 441)
|
(177 307)
|
(190 112)
|
(202 934)
|
(209 234)
|
(211 028)
|
(211 126)
|
(208 659)
|
(192 815)
|
(191 538)
|
(195 534)
|
(182 173)
|
(220 852)
|
(229 689)
|
(232 892)
|
(208 007)
|
(248 614)
|
(255 520)
|
(263 858)
|
(241 891)
|
(284 451)
|
(294 044)
|
(300 484)
|
|
Selling, General & Administrative |
(74 747)
|
(59 543)
|
(62 761)
|
(65 366)
|
(87 961)
|
(69 930)
|
(70 833)
|
(72 146)
|
(92 215)
|
(74 564)
|
(74 057)
|
(73 899)
|
(92 914)
|
(74 924)
|
(78 530)
|
(84 441)
|
(107 880)
|
(100 817)
|
(109 367)
|
(117 280)
|
(126 053)
|
(128 178)
|
(127 134)
|
(125 322)
|
(122 633)
|
(112 545)
|
(113 400)
|
(118 307)
|
(144 648)
|
(134 590)
|
(139 459)
|
(140 349)
|
(168 791)
|
(149 417)
|
(153 237)
|
(159 497)
|
(198 354)
|
(176 282)
|
(182 173)
|
(184 335)
|
|
Depreciation & Amortization |
(11 241)
|
(11 484)
|
(11 886)
|
(11 982)
|
(12 849)
|
(12 251)
|
(12 594)
|
(13 045)
|
(13 219)
|
(13 967)
|
(13 771)
|
(13 718)
|
(13 115)
|
(13 553)
|
(15 427)
|
(17 025)
|
(18 071)
|
(20 659)
|
(21 683)
|
(23 107)
|
(24 118)
|
(25 914)
|
(26 457)
|
(26 856)
|
(27 227)
|
(26 805)
|
(26 793)
|
(26 752)
|
(26 456)
|
(27 088)
|
(27 091)
|
(27 094)
|
(26 778)
|
(27 501)
|
(27 807)
|
(28 297)
|
(28 654)
|
(29 419)
|
(30 318)
|
(30 920)
|
|
Other Operating Expenses |
(5 072)
|
(37 797)
|
(38 919)
|
(39 955)
|
(4 355)
|
(39 210)
|
(39 130)
|
(38 632)
|
(6 645)
|
(39 072)
|
(38 874)
|
(38 851)
|
(7 035)
|
(38 754)
|
(38 450)
|
(40 013)
|
(7 712)
|
(42 966)
|
(46 258)
|
(49 724)
|
(52 763)
|
(55 142)
|
(57 437)
|
(58 949)
|
(58 799)
|
(53 467)
|
(51 347)
|
(50 476)
|
(11 069)
|
(59 173)
|
(63 137)
|
(65 449)
|
(12 438)
|
(71 696)
|
(74 476)
|
(76 065)
|
(14 883)
|
(78 750)
|
(81 553)
|
(85 229)
|
|
Operating Income |
28 962
N/A
|
28 525
-2%
|
30 176
+6%
|
31 723
+5%
|
32 264
+2%
|
33 214
+3%
|
34 000
+2%
|
35 158
+3%
|
35 300
+0%
|
37 783
+7%
|
39 657
+5%
|
39 684
+0%
|
38 662
-3%
|
39 463
+2%
|
38 773
-2%
|
38 729
0%
|
42 996
+11%
|
41 783
-3%
|
41 600
0%
|
42 744
+3%
|
48 962
+15%
|
59 162
+21%
|
63 152
+7%
|
66 591
+5%
|
65 245
-2%
|
56 921
-13%
|
65 165
+14%
|
76 366
+17%
|
88 680
+16%
|
100 890
+14%
|
101 057
+0%
|
94 305
-7%
|
88 674
-6%
|
85 516
-4%
|
76 710
-10%
|
75 384
-2%
|
77 317
+3%
|
76 303
-1%
|
82 266
+8%
|
90 851
+10%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
126
|
(3 946)
|
(4 486)
|
(5 123)
|
(2 377)
|
(6 264)
|
(6 206)
|
(5 976)
|
(4 411)
|
(5 964)
|
(5 988)
|
(6 016)
|
(1 212)
|
(6 011)
|
(8 398)
|
(10 554)
|
(7 442)
|
(14 754)
|
(15 035)
|
(16 223)
|
(17 625)
|
(19 015)
|
(19 961)
|
(19 898)
|
(19 929)
|
(18 836)
|
(17 303)
|
(16 147)
|
(7 594)
|
(14 145)
|
(12 867)
|
(11 120)
|
(5 225)
|
(8 324)
|
(8 043)
|
(8 347)
|
(3 229)
|
(8 108)
|
(8 394)
|
(8 838)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(315)
|
(315)
|
(315)
|
(3 466)
|
(4 290)
|
(4 290)
|
(4 290)
|
(1 139)
|
0
|
0
|
0
|
0
|
(1 574)
|
(4 931)
|
(4 931)
|
(2 607)
|
(1 033)
|
2 324
|
2 324
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
61
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
41
|
0
|
0
|
0
|
32
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
|
Total Other Income |
(573)
|
3 844
|
3 937
|
3 590
|
(12)
|
2 346
|
3 198
|
3 748
|
3 322
|
5 153
|
5 395
|
5 481
|
1 270
|
7 308
|
7 846
|
8 433
|
926
|
5 594
|
4 895
|
4 457
|
4 462
|
5 189
|
5 238
|
5 804
|
6 511
|
7 952
|
7 825
|
8 814
|
57
|
6 602
|
6 653
|
4 679
|
163
|
4 117
|
4 199
|
4 760
|
71
|
5 701
|
5 890
|
6 028
|
|
Pre-Tax Income |
28 576
N/A
|
28 425
-1%
|
29 629
+4%
|
30 190
+2%
|
29 856
-1%
|
29 296
-2%
|
30 991
+6%
|
32 930
+6%
|
34 213
+4%
|
36 971
+8%
|
39 064
+6%
|
39 149
+0%
|
38 721
-1%
|
40 445
+4%
|
37 906
-6%
|
36 293
-4%
|
33 015
-9%
|
28 333
-14%
|
27 170
-4%
|
26 688
-2%
|
34 685
+30%
|
45 336
+31%
|
48 429
+7%
|
52 497
+8%
|
51 827
-1%
|
44 463
-14%
|
50 755
+14%
|
64 101
+26%
|
78 576
+23%
|
92 312
+17%
|
97 166
+5%
|
90 187
-7%
|
83 644
-7%
|
81 309
-3%
|
72 866
-10%
|
71 797
-1%
|
74 163
+3%
|
73 896
0%
|
79 762
+8%
|
88 041
+10%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(6 448)
|
(6 703)
|
(6 579)
|
(7 119)
|
(8 835)
|
(8 518)
|
(9 466)
|
(9 750)
|
(9 417)
|
(10 414)
|
(11 276)
|
(11 088)
|
(11 586)
|
(12 128)
|
(11 489)
|
(11 249)
|
(10 770)
|
(9 218)
|
(8 734)
|
(8 881)
|
(10 681)
|
(14 369)
|
(15 804)
|
(16 698)
|
5 682
|
8 196
|
5 647
|
1 035
|
(25 387)
|
(30 054)
|
(30 763)
|
(22 529)
|
(11 901)
|
(10 746)
|
(7 819)
|
(13 226)
|
(23 429)
|
(22 080)
|
(22 729)
|
(23 886)
|
|
Income from Continuing Operations |
22 128
|
21 723
|
23 050
|
23 072
|
21 021
|
20 778
|
21 525
|
23 179
|
24 796
|
26 557
|
27 787
|
28 060
|
27 135
|
28 316
|
26 418
|
25 045
|
22 245
|
19 116
|
18 436
|
17 807
|
24 004
|
30 967
|
32 625
|
35 799
|
57 509
|
52 660
|
56 404
|
65 138
|
53 189
|
62 259
|
66 403
|
67 658
|
71 743
|
70 563
|
65 047
|
58 571
|
50 734
|
51 816
|
57 033
|
64 155
|
|
Income to Minority Interest |
(68)
|
(56)
|
(39)
|
(12)
|
(38)
|
(24)
|
(10)
|
(8)
|
(16)
|
(15)
|
(6)
|
12
|
14
|
3
|
(14)
|
(25)
|
(23)
|
(6)
|
15
|
45
|
31
|
21
|
16
|
(3)
|
44
|
58
|
45
|
36
|
13
|
28
|
67
|
45
|
101
|
95
|
34
|
14
|
(94)
|
(133)
|
(92)
|
(27)
|
|
Net Income (Common) |
22 060
N/A
|
21 667
-2%
|
23 010
+6%
|
23 059
+0%
|
20 983
-9%
|
20 753
-1%
|
21 515
+4%
|
23 171
+8%
|
24 780
+7%
|
26 542
+7%
|
27 781
+5%
|
28 071
+1%
|
27 149
-3%
|
28 318
+4%
|
26 403
-7%
|
25 020
-5%
|
22 222
-11%
|
19 111
-14%
|
18 452
-3%
|
17 656
-4%
|
24 035
+36%
|
30 988
+29%
|
32 640
+5%
|
35 991
+10%
|
57 553
+60%
|
52 715
-8%
|
60 587
+15%
|
69 312
+14%
|
54 631
-21%
|
63 715
+17%
|
63 757
+0%
|
64 991
+2%
|
73 443
+13%
|
72 258
-2%
|
66 680
-8%
|
60 184
-10%
|
50 640
-16%
|
51 683
+2%
|
56 941
+10%
|
64 128
+13%
|
|
EPS (Diluted) |
80.51
N/A
|
79.07
-2%
|
83.67
+6%
|
84.15
+1%
|
76.3
-9%
|
75.46
-1%
|
78.23
+4%
|
84.25
+8%
|
90.1
+7%
|
96.51
+7%
|
101.02
+5%
|
102.07
+1%
|
98.72
-3%
|
102.97
+4%
|
96.01
-7%
|
90.98
-5%
|
80.8
-11%
|
69.49
-14%
|
67.09
-3%
|
61.73
-8%
|
84.03
+36%
|
107.22
+28%
|
111.78
+4%
|
124.53
+11%
|
199.83
+60%
|
183.03
-8%
|
209.64
+15%
|
240.66
+15%
|
189.32
-21%
|
220.78
+17%
|
220.94
+0%
|
225.26
+2%
|
254.52
+13%
|
250.47
-2%
|
231.16
-8%
|
208.61
-10%
|
175.54
-16%
|
179.16
+2%
|
197.42
+10%
|
222.34
+13%
|