Cash flow Indegene Limited

Stocks

INDGN

INE065X01017

Business Support Services

Market Closed - NSE India S.E. Other stock markets 07:19:29 2026-06-11 am EDT			5-day change	1st Jan Change
506.75 ^INR	-2.27%		-2.54%	-2.63%

May. 05	Indegene Limited Receives Income Tax Demand Notice of INR 436.88441 Million from Income Tax Department	CI
May. 04	Nomura Adjusts Indegene's Price Target to INR480 From INR490, Keeps at Neutral	MT

56250e90e.6HHz57VpyUTyywIIZ0KHJhSjAYNUK7MfukCblZngoh8.2jK8qcVdpwqCv0VNLx3CblbsauAtUYpsygjLotWT00yAAZnQ_wX9LrGbOg

Published financial data: INDEGENE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	9.66B	16.65B	23.06B	25.9B	28.39B
Other Revenues, Total	143M	-	-	-	-
Total Revenues	9.81B	16.65B	23.06B	25.9B	28.39B
Cost of Goods Sold, Total	156M	325M	412M	588M	624M
Gross Profit	9.65B	16.32B	22.65B	25.31B	27.77B
Selling General & Admin Expenses, Total	5.4B	10.22B	14.69B	16.56B	18.2B
Provision for Bad Debts	-	5.07M	-	-	-
Depreciation & Amortization - (IS)	255M	335M	598M	761M	802M
Other Operating Expenses	1.8B	3.23B	4B	3.64B	4.23B
Other Operating Expenses, Total	7.46B	13.79B	19.28B	20.96B	23.23B
Operating Income	2.19B	2.53B	3.36B	4.35B	4.54B
Interest Expense, Total	-55.05M	-46.7M	-233M	-463M	-194M
Interest And Investment Income	8.85M	8.03M	103M	296M	501M
Net Interest Expenses	-46.2M	-38.67M	-130M	-167M	307M
Income (Loss) On Equity Invest.	-2M	-	-	-	-
Currency Exchange Gains (Loss)	62.46M	190M	398M	162M	95M
Other Non Operating Income (Expenses)	-4.8M	-1.96M	-70.61M	-5M	-4M
EBT, Excl. Unusual Items	2.2B	2.68B	3.56B	4.34B	4.94B
Impairment of Goodwill	-	-	-	-911M	-
Gain (Loss) On Sale Of Investments	-	50.14M	68.67M	165M	292M
Gain (Loss) On Sale Of Assets	82.39M	-	-	-	-
Other Unusual Items	29.89M	-469M	-	995M	162M
EBT, Incl. Unusual Items	2.31B	2.26B	3.63B	4.59B	5.39B
Income Tax Expense	458M	637M	969M	1.22B	1.33B
Earnings From Continuing Operations	1.86B	1.63B	2.66B	3.37B	4.07B
Earnings Of Discontinued Operations	-363M	-	-	-	-
Net Income to Company	1.49B	1.63B	2.66B	3.37B	4.07B
Minority Interest	-80K	19.44M	-	-	-
Net Income - (IS)	1.49B	1.65B	2.66B	3.37B	4.07B
Net Income to Common Incl Extra Items	1.49B	1.65B	2.66B	3.37B	4.07B
Net Income to Common Excl. Extra Items	1.86B	1.65B	2.66B	3.37B	4.07B
Per Share Items
Net EPS - Basic	7.56	7.51	12.03	15.19	17.15
Basic EPS - Continuing Operations	9.4	7.51	12.03	15.19	17.15
Basic Weighted Average Shares Outstanding	198M	220M	221M	222M	237M
Net EPS - Diluted	5.27	7.46	11.97	15.07	17.02
Diluted EPS - Continuing Operations	7.01	7.46	11.97	15.07	17.02
Diluted Weighted Average Shares Outstanding	209M	221M	222M	223M	239M
Normalized Basic EPS	6.97	7.73	10.07	12.23	13.02
Normalized Diluted EPS	6.59	7.69	10.02	12.13	12.92
Dividend Per Share	-	-	-	-	2
Supplemental Items
EBITDA	2.32B	2.73B	3.74B	4.85B	5.07B
EBITA	2.25B	2.58B	3.53B	4.64B	4.89B
EBIT	2.19B	2.53B	3.36B	4.35B	4.54B
EBITDAR	2.37B	2.8B	3.78B	4.9B	5.12B
Total Revenues (As Reported)	9.97B	16.9B	23.64B	26.66B	29.46B
Effective Tax Rate - (Ratio)	19.78	28.11	26.7	26.58	24.59
Current Domestic Taxes	-	-	497M	443M	630M
Current Foreign Taxes	-	-	405M	812M	861M
Total Current Taxes	471M	947M	902M	1.26B	1.49B
Deferred Domestic Taxes	-	-	-35.62M	-16M	-63M
Deferred Foreign Taxes	-	-	100M	-20M	-107M
Total Deferred Taxes	-13.51M	-310M	64.8M	-36M	-170M
Normalized Net Income	1.38B	1.7B	2.23B	2.71B	3.09B
Interest on Long-Term Debt	22.46M	19.36M	53.78M	57M	54M
Non-Cash Pension Expense	6.44M	61.31M	20.1M	28M	34M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	88.3M	-	-	-	-
Net Rental Expense, Total	47.48M	73.05M	39.66M	44M	48M
Imputed Operating Lease Interest Expense	7.83M	46.6M	26M	32.85M	25.2M
Imputed Operating Lease Depreciation	39.65M	26.45M	13.66M	11.15M	22.8M
Maintenance & Repair Expenses, Total	156M	325M	412M	588M	624M
Stock-Based Comp., SG&A Exp. (Total)	4.92M	75.4M	158M	213M	174M
Total Stock-Based Compensation	4.92M	75.4M	158M	213M	174M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.33B	5.06B	736M	1.89B	3.75B
Short Term Investments	-	-	-	-	7.86B
Trading Asset Securities, Total	-	1.2B	6.14B	7.96B	5.03B
Total Cash And Short Term Investments	1.33B	6.26B	6.88B	9.85B	16.64B
Accounts Receivable, Total	2.85B	4.44B	6.42B	6.48B	7.51B
Other Receivables	390K	10.41M	166M	167M	69M
Total Receivables	2.85B	4.45B	6.59B	6.65B	7.58B
Prepaid Expenses	255M	342M	411M	735M	473M
Other Current Assets, Total	150M	247M	613M	675M	601M
Total Current Assets	4.59B	11.3B	14.49B	17.91B	25.3B
Gross Property Plant And Equipment	1.28B	1.85B	2.99B	2.97B	3.5B
Accumulated Depreciation	-816M	-1.05B	-1.53B	-1.82B	-2.12B
Net Property Plant And Equipment	464M	799M	1.46B	1.14B	1.38B
Long-term Investments	-	-	-	-	-
Goodwill	290M	409M	3.26B	3.33B	3.56B
Other Intangibles, Total	105M	169M	1.92B	1.98B	1.86B
Loans Receivable Long-Term	-	-	-	135M	-
Deferred Tax Assets Long-Term	367M	692M	671M	708M	898M
Other Long-Term Assets, Total	141M	166M	240M	247M	249M
Total Assets	5.96B	13.53B	22.04B	25.46B	33.26B
Liabilities
Accounts Payable, Total	502M	742M	733M	1.18B	934M
Accrued Expenses, Total	725M	1.29B	1.86B	2.14B	2.21B
Short-term Borrowings	-	-	-	97M	-
Current Portion of Long-Term Debt	70.75M	72.95M	-	600M	-
Current Portion of Leases	132M	146M	230M	213M	292M
Current Income Taxes Payable	-	253M	120M	128M	81M
Unearned Revenue Current, Total	550M	1.77B	1.06B	1.28B	1.92B
Other Current Liabilities	14.72M	132M	892M	473M	205M
Total Current Liabilities	1.99B	4.4B	4.89B	6.11B	5.64B
Long-Term Debt	177M	109M	3.94B	3.33B	-
Long-Term Leases	134M	329M	852M	652M	724M
Pension & Other Post Retirement Benefits	123M	265M	350M	432M	585M
Other Non Current Liabilities	201M	788M	1.36B	638M	149M
Total Liabilities	2.63B	5.9B	11.4B	11.16B	7.1B
Common Stock, Total	3.13M	3.51M	443M	444M	479M
Additional Paid In Capital	162M	2.81B	2.4B	2.47B	9.93B
Retained Earnings	3B	4.69B	7.36B	10.72B	14.78B
Comprehensive Income and Other	76.7M	137M	438M	653M	972M
Total Common Equity	3.25B	7.64B	10.64B	14.29B	26.16B
Minority Interest	85.75M	-	-	-	-
Total Equity	3.33B	7.64B	10.64B	14.29B	26.16B
Total Liabilities And Equity	5.96B	13.53B	22.04B	25.46B	33.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	198M	222M	222M	222M	240M
ECS Total Common Shares Outstanding	198M	221M	222M	222M	240M
Book Value / Share	16.42	34.56	47.97	64.25	108.98
Tangible Book Value	2.85B	7.06B	5.45B	8.98B	20.73B
Tangible Book Value Per Share	14.42	31.94	24.59	40.36	86.37
Total Debt	514M	658M	5.03B	4.9B	1.02B
Net Debt	-820M	-5.6B	-1.85B	-4.96B	-15.63B
Debt Equivalent of Unfunded Proj. Benefit Obligation	132M	287M	376M	472M	611M
Debt Equivalent Oper. Leases	380M	584M	317M	352M	384M
Minority Interest, Total (Incl. Fin. Div)	85.75M	-	-	-	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	-	3	3	3	3
Machinery, Total	658M	862M	1.07B	1.04B	1.16B
Full Time Employees	-	4.82K	5.43K	4.37K	4.16K
Accumulated Allowance for Doubtful Accounts (Supple)	14.76M	54.39M	86.55M	17M	36M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	1.49B	1.65B	2.66B	3.37B	4.07B
Depreciation & Amortization - CF	197M	290M	430M	469M	456M
Amortization of Goodwill and Intangible Assets - (CF)	60.79M	44.63M	168M	292M	346M
Depreciation & Amortization, Total	258M	335M	598M	761M	802M
Amortization of Deferred Charges, Total - (CF)	88.3M	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-82.39M	-50.14M	-68.67M	-165M	-292M
Asset Writedown & Restructuring Costs	-	-	-	911M	-
Net (Increase) Decrease in Loans Originated / Sold - Operating	-	-	-	-	135M
(Income) Loss On Equity Investments - (CF)	2M	-	-	-	-
Stock-Based Compensation (CF)	4.92M	75.4M	158M	213M	174M
Provision and Write-off of Bad Debts	6.77M	26.67M	-2M	-54M	18M
Other Operating Activities, Total	-136M	398M	116M	-914M	-726M
Change In Accounts Receivable	-701M	-1.52B	-1.15B	312M	-820M
Change in Other Net Operating Assets	786M	2.06B	-1.01B	646M	1.06B
Cash from Operations	1.72B	2.97B	1.3B	5.08B	4.42B
Capital Expenditure	-206M	-247M	-188M	-107M	-300M
Cash Acquisitions	-44.66M	-164M	-3.92B	-1.72B	-1.11B
Investment in Marketable and Equity Securities, Total	-	-1.15B	-4.87B	-1.67B	-5.9B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-135M	-
Other Investing Activities, Total	8.33M	-41.81M	53.86M	359M	486M
Cash from Investing	-242M	-1.6B	-8.93B	-3.27B	-6.83B
Long-Term Debt Issued, Total	-	446M	3.94B	-	-
Total Debt Issued	-	446M	3.94B	-	-
Long-Term Debt Repaid, Total	-1.26B	-678M	-437M	-346M	-4.35B
Total Debt Repaid	-1.26B	-678M	-437M	-346M	-4.35B
Issuance of Common Stock	-	2.63B	90K	-	7.33B
Repurchase of Common Stock	-15.61M	-10.15M	-	-	-
Other Financing Activities, Total	-35.04M	-51.85M	-176M	-316M	-103M
Cash from Financing	-1.32B	2.33B	3.33B	-662M	2.88B
Foreign Exchange Rate Adjustments	-24.26M	26.05M	-26.53M	7M	57M
Miscellaneous Cash Flow Adjustments	-544M	-	-	-	-
Net Change in Cash	-405M	3.73B	-4.33B	1.15B	524M
Supplemental Items
Cash Interest Paid	35.04M	27.34M	176M	316M	103M
Cash Income Tax Paid (Refund)	496M	703M	1.08B	1.25B	1.6B
Levered Free Cash Flow	1.21B	2.33B	429M	3.3B	2.92B
Unlevered Free Cash Flow	1.25B	2.36B	574M	3.59B	3.04B
Change In Net Working Capital	269M	-614M	2.1B	-8M	470M
Net Debt Issued / Repaid	-1.26B	-232M	3.51B	-346M	-4.35B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	22.91	16.25	11.82	11.44	9.67
Return on Total Capital	32.18	26.1	17.55	15.59	12.24
Return On Equity %	116.97	29.68	29.12	27.01	20.11
Return on Common Equity	168.92	30.28	29.12	27.01	20.11
Margin Analysis
Gross Profit Margin %	98.4	98.05	98.21	97.73	97.8
SG&A Margin	55.1	61.37	63.69	63.95	64.1
EBITDA Margin %	23.69	16.39	16.2	18.74	17.85
EBITA Margin %	22.98	15.5	15.32	17.91	17.21
EBIT Margin %	22.36	15.23	14.59	16.79	15.99
Income From Continuing Operations Margin %	18.94	9.78	11.54	13	14.32
Net Income Margin %	15.24	9.9	11.54	13	14.32
Net Avail. For Common Margin %	18.94	9.9	11.54	13	14.32
Normalized Net Income Margin	14.04	10.19	9.65	10.47	10.87
Levered Free Cash Flow Margin	12.35	14.01	1.86	12.75	10.29
Unlevered Free Cash Flow Margin	12.71	14.19	2.49	13.87	10.72
Asset Turnover
Asset Turnover	1.64	1.71	1.3	1.09	0.97
Fixed Assets Turnover	22.79	26.36	20.45	19.92	22.45
Receivables Turnover (Average Receivables)	3.8	4.56	4.25	4.01	4.06
Short Term Liquidity
Current Ratio	2.3	2.57	2.96	2.93	4.48
Quick Ratio	2.1	2.43	2.75	2.7	4.29
Operating Cash Flow to Current Liabilities	0.86	0.67	0.27	0.83	0.78
Days Sales Outstanding (Average Receivables)	96.13	79.96	85.94	91.16	89.95
Average Days Payable Outstanding	945.29	699.53	652.76	595.68	618.57
Long Term Solvency
Total Debt/Equity	15.43	8.61	47.25	34.26	3.88
Total Debt / Total Capital	13.37	7.93	32.09	25.52	3.74
LT Debt/Equity	9.34	5.74	45.08	27.89	2.77
Long-Term Debt / Total Capital	8.09	5.29	30.62	20.77	2.66
Total Liabilities / Total Assets	44.12	43.56	51.73	43.86	21.36
EBIT / Interest Expense	39.83	54.28	14.44	9.39	23.41
EBITDA / Interest Expense	44.52	61.44	17.01	11.03	27.54
(EBITDA - Capex) / Interest Expense	40.77	56.15	16.2	10.8	25.99
Total Debt / EBITDA	0.21	0.23	1.27	0.96	0.19
Net Debt / EBITDA	-0.33	-1.95	-0.47	-0.97	-2.92
Total Debt / (EBITDA - Capex)	0.23	0.25	1.33	0.98	0.2
Net Debt / (EBITDA - Capex)	-0.37	-2.14	-0.49	-0.99	-3.1
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	52.36	69.76	38.54	12.29	9.64
Gross Profit, 1 Yr. Growth %	52.53	69.15	38.77	11.74	9.72
EBITDA, 1 Yr. Growth %	73.42	17.45	36.92	29.93	4.45
EBITA, 1 Yr. Growth %	76.04	14.45	36.94	31.38	5.35
EBIT, 1 Yr. Growth %	75.44	15.59	32.72	29.26	4.46
Earnings From Cont. Operations, 1 Yr. Growth %	273.73	-12.31	63.43	26.53	20.79
Net Income, 1 Yr. Growth %	-2.47K	10.28	61.5	26.53	20.79
Normalized Net Income, 1 Yr. Growth %	70.37	23.28	31.19	21.79	13.88
Diluted EPS Before Extra, 1 Yr. Growth %	147.96	6.45	60.46	25.9	12.94
Accounts Receivable, 1 Yr. Growth %	27.65	55.54	44.63	0.93	15.96
Net Property, Plant and Equip., 1 Yr. Growth %	17.16	72.09	82.29	-21.43	21.07
Total Assets, 1 Yr. Growth %	-0.7	127.08	62.83	15.5	30.65
Tangible Book Value, 1 Yr. Growth %	-254.63	147.73	-22.78	64.62	130.91
Common Equity, 1 Yr. Growth %	-410	135.4	39.25	34.34	83.02
Cash From Operations, 1 Yr. Growth %	672.38	72.67	-56.16	289.94	-12.96
Capital Expenditures, 1 Yr. Growth %	240.65	19.85	-23.78	-43.09	180.37
Levered Free Cash Flow, 1 Yr. Growth %	-	92.52	-81.62	545.7	-12.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-	89.54	-75.68	446.64	-15.81
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	60.82	53.36	24.73	10.96
Gross Profit, 2 Yr. CAGR %	-	60.62	53.21	24.52	10.73
EBITDA, 2 Yr. CAGR %	-	42.71	26.81	33.36	16.5
EBITA, 2 Yr. CAGR %	-	41.94	25.19	34.11	17.64
EBIT, 2 Yr. CAGR %	-	42.4	23.86	30.96	16.2
Earnings From Cont. Operations, 2 Yr. CAGR %	-	81.03	19.71	43.8	23.63
Net Income, 2 Yr. CAGR %	-	411.44	33.46	42.95	23.63
Normalized Net Income, 2 Yr. CAGR %	-	44.93	27.18	26.39	17.77
Diluted EPS Before Extra, 2 Yr. CAGR %	-	62.46	30.69	42.13	19.24
Accounts Receivable, 2 Yr. CAGR %	-	40.9	49.99	20.82	8.19
Net Property, Plant and Equip., 2 Yr. CAGR %	-	41.99	77.12	19.67	-2.47
Total Assets, 2 Yr. CAGR %	-	50.16	92.29	37.14	22.85
Tangible Book Value, 2 Yr. CAGR %	-	95.72	38.31	12.76	94.97
Common Equity, 2 Yr. CAGR %	-	170.14	81.05	36.78	56.8
Cash From Operations, 2 Yr. CAGR %	-	265.19	-13	30.74	84.23
Capital Expenditures, 2 Yr. CAGR %	-	102.06	-4.42	-34.19	26.32
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-40.52	18.99	139.06
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-32.11	23.33	115.24
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	53.02	38.22	19.48
Gross Profit, 3 Yr. CAGR %	-	-	52.98	37.91	19.38
EBITDA, 3 Yr. CAGR %	-	-	40.76	27.83	22.93
EBITA, 3 Yr. CAGR %	-	-	40.26	27.21	23.74
EBIT, 3 Yr. CAGR %	-	-	39.1	25.62	21.45
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	74.96	21.94	35.68
Net Income, 3 Yr. CAGR %	-	-	248.28	31.11	35.15
Normalized Net Income, 3 Yr. CAGR %	-	-	40.2	25.35	22.08
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	61.79	29.07	31.65
Accounts Receivable, 3 Yr. CAGR %	-	-	42.14	31.43	19.18
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	54.32	35.08	20.14
Total Assets, 3 Yr. CAGR %	-	-	54.27	62.24	34.94
Tangible Book Value, 3 Yr. CAGR %	-	-	43.55	46.58	43.19
Common Equity, 3 Yr. CAGR %	-	-	116.6	63.91	50.72
Cash From Operations, 3 Yr. CAGR %	-	-	80.15	43.44	14.16
Capital Expenditures, 3 Yr. CAGR %	-	-	46	-19.64	6.68
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	39.69	7.81
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	42.32	8.83
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	34.56
Gross Profit, 5 Yr. CAGR %	-	-	-	-	34.43
EBITDA, 5 Yr. CAGR %	-	-	-	-	30.49
EBITA, 5 Yr. CAGR %	-	-	-	-	30.72
EBIT, 5 Yr. CAGR %	-	-	-	-	29.44
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	52.27
Net Income, 5 Yr. CAGR %	-	-	-	-	130.14
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	30.75
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	43.2
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	27.43
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	28.44
Total Assets, 5 Yr. CAGR %	-	-	-	-	40.84
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	62.26
Common Equity, 5 Yr. CAGR %	-	-	-	-	90.34
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	81.76
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	37.74