Investor Presentaiton
PROFIT & LOSS STATEMENT (Consolidated)
Profit and Loss Account
FY17
FY18
FY19
FY20
FY21
FY22
FY23
Sales Volume: Two Wheelers (Nos.)
666,135
820,121
822,724
697,582
609,403
595,474
824,066
Total revenue from operations (net of excise)
7,033
8,965
9,797
9,154
8,720
10,298
14,442
Manufacturing and other expenses
4,859
6,157
6,894
6,973
6,939
8,126
10,999
Earnings before interest, depreciation and tax
2,174
2,808
2,903
2,180
1,781
2,172
3,444
(EBITDA)
EBITDA to Net Revenue (%)
30.9%
31.3%
29.6%
23.8%
20.4%
21.1%
23.8%
Depreciation
154
223
300
382
451
452
526
Earnings before interest and tax (EBIT)
2,020
2,584
2,603
1,799
1,331
1,720
2,917
EBIT to Net Revenue (%)
28.7%
28.8%
26.6%
19.7%
15.3%
16.7%
20.2%
Finance Cost
4
5
7
19
16
19
28
Other Income
227
280
443
543
453
441
595
Share of profit/(loss) of joint venture
189
257
258
32
31
60
315
Profit before tax
2,433
3,116
3,297
2,355
1,798
2,203
3,800
Provision for taxation
720
936
1,077
527
452
526
886
Profit after tax and share of profit of Joint Venture
from continuing operations
1,713
2,180
2,220
1,827
1,347
1,677
2,914
Discontinued Operations: Share of loss of Joint
Venture*
(46)
(220)
(18)
Profit After Tax
1,667
1,960
2,203
1,827
1,347
1,677
2,914
PAT to Net Revenue (%)
23.7%
21.9%
22.5%
20.0%
15.4%
16.3%
20.2%
RE
INVESTOR PRESENTATION
78
May 2023View entire presentation