350

300
Industry :Cigarettes 250
200
Book Value(Unit 150
Ratio Curr) EPS(Unit Curr) 100
2010 1:01 36.69 8.98 50
2005 1:02 315.63 83.92 0

2010 0.042361111111111

20050.043055555555556

19940.042361111111111
1994 1:01 54.2 17
1991 3:05 26.78 11.69
1989 1:01 32.62 11.74
1981 1:05 21.27 2.46
1978 1:05 0 0

Total Dividend Paid

20104500 2009 2008 2007 2006
Total Dividend Paid 3818.184000 1396.53 1319.01 1166.29 995.12
20103500 2009 2008 2007 2006
Dividend(%) 1,000.00
3000 370 350 310 265
Div Yield(%) 7.6 2500 4 3.39 4.12 2.72
Total Dividend Paid
2000
1500
1000
500
0
10 09 08 0 7 06 05 04 03 02 01 0 0 99 98 97 96 95
2 0 2 0 20 20 20 2 0 20 2 0 2 0 20 20 1 9 1 9 19 1 9 19

10-Mar 9-Mar 8-Mar 7-Mar 6-Mar

Price Earning (P/E) 29.3 23.04 26.87
40 22.62 34.94
Price/Cash EPS (P/CEPS) 24.9 19.51 23.32 19.75 30.15 34.94
35
EV/EBIDTA 14.81 12.71 15.33 12.98 20.26
Market Cap/Sales 3.83 3.01 3.64
30 2.93 4.51

25
20.37 20.2
20
16.86 16.01
15 14.37
11.3 11.77
9.97 9.89
10 8.43
6.56
4.5
 30

25
20.37 20.2
20
16.86 16.01
15 14.37
11.3 11.77
9.97 9.89
10 8.43
6.56
4.5
5 2.3 2.5
1.74 1.41 2.18
0
1-Mar 2-Mar 3-Mar 4-Mar 5-Mar 6-Ma

High Low Closing

(as on March 31st)
2001 64.13 32.67 54.29
2002 59.27 38.33 46.44
2003 48.33 37 41.97
2004 79.01 41.27 69.43
2005 94.46 48.8 89.58
2006 200 88.14 194.95
2007 212.7 140.15 150.4
2008 239.4 146.15 206.35
2009 232.4 232.4 232.4
2010 272.7 177.6 263.15
 Paid-up
Issued Capital
Capital Structure Capital
1991 1993 116.733 116.733
1993 1994 121.233 121.233
1994 1995 242.8367 242.8367
1995 2000 245.4149 245.4149
2000 2001 245.4149 245.414
2001 2002 245.4149 245.4149
2002 2003 247.5118 247.5118
2003 2004 247.6788 247.6788
2004 2005 248.2213 248.2213
2005 2006 375.5178 375.5178
2006 2007 376.2222 376.2222
2007 2008 376.861 376.861

10-Mar 9-Mar 8-Mar 7-Mar 6-Mar

Debt-Equity Ratio 0.01 0.02 0.02 0.02 0.02

Growth in Net Sales/PAT

10-Mar 9-Mar 8-Mar 7-Mar 6-Mar
  Net Sales 18,153.19 15,611.92 13,920.76 12,093.88 9,786.34
PAT 4,061.00 3,263.59 3,120.10 2,699.97 2,235.35

2001 2002 2003 2004 2005

Return on Avg Capital

43.24 40.04 40.19 38.53 35.88
Employed (%)

10-Mar 9-Mar 8-Mar 7-Mar 6-Mar

Interest Cover Ratio 67.63 102.27 121.98 245.81 153.8
 M
140
120

10-Mar 9-Mar 8-Mar 7-Mar 100 6-Mar

Market Capitalisation 44.05 -10.31 37.43 -22.71 80 119.47
60 65

40
20
10.8
0
-8.87
-20 1-Mar 3-Mar
-14.46 5

-40
350
300
250 Book
200 Value/EPS
150
100
50
0
Book Value(Unit Curr)

19780.045138888888889
2010 0.042361111111111

20050.043055555555556

19940.042361111111111

1991 0.128472222222222

19890.042361111111111

1981 0.045138888888889
EPS(Unit Curr)

1,200.00
Dividend
2005 2004 1,000.00
2003 2002 2001 2000 1999 1998 Paid%1997 1996
Div. Eield
773.25 495.36 371.27 334.14 245.42 184.06 134.98 110.44 98.17 61.35
800.00
2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
310 200 150 135 100 75 55 45 40 25
600.00
69.21
Total Dividend Paid
57.6 71.5 58.14 36.83 30.61 17.13 18.91 33.5 33.03
Dividend(%)
Div Yield(%)
400.00

200.00

0.00
10 09 08 07 06 05 04 03 02 01 00 9 9 9 8 97 96 9 5
20 2 0 2 0 20 2 0 2 0 20 2 0 2 0 20 20 19 19 1 9 1 9 19

5-Mar 4-Mar 3-Mar 2-Mar 1-Mar

16.01 16.86 11.77 14.37 20.37
13.92
34.94 14.56 9.98 12.32 17.83
9.89 9.97 6.56 8.43 11.3
2.5 2.18 1.41 29.3 1.74 2.3
26.87
22.62 23.04
20.26 Price Earning (P/E)
Price/Cash EPS (P/CEPS)
16.86 16.01
15.33 14.81 EV/EBIDTA
12.98 12.71 Market Cap/Sales
1.77
9.97 9.89
6.56
4.51
 29.3
26.87
22.62 23.04
20.26 Price Earning (P/E)
Price/Cash EPS (P/CEPS)
16.86 16.01
15.33 14.81 EV/EBIDTA
12.98 12.71 Market Cap/Sales
1.77
9.97 9.89
6.56
4.51 3.64 3.83
2.18 2.5 2.93 3.01
1.41

3-Mar 4-Mar 5-Mar 6-Mar 7-Mar 8-Mar 9-Mar 10-Mar

100%
300
90%
80%
250
0.266106637045 0.278489816194
70% 0.290652003142 734 0.246916708903
0.333333333333
0.216228737838
265 184 0.217542564967
200 374
0.209585981790 333 0.248931249561
0.182450475066
531
60% 582 07 988
758
50% Closing (as on March 31st)
150 0.424449003904
0.411482921410 0.422652757078
0.416477781877
0.414001531805
0.405686308194
0.404460212873 High
40% 957 719 0.379654359780 0.382227205830
Low
603 468 668 987 796 0.333333333333
047 822 Low
High
30%
100 333
Closing (as on March 31st)
20%
10%50
0%
0
01 002 0 03 004 005 0 06 007 00 8 0 09 010
20 2 2 2 2 2 2 2 2 2
400
350 Capital
300 Structure
250
200
150 Issued Capital
Paid-up Capital
100
50
0
19931994

19941995

20012002

20032004

20042005

20072008
1991 1993

1995 2000

2000 2001

2002 2003

2005 2006

2006 2007

Debt-Equity Ratio
0.24
0.25
5-Mar 4-Mar Mar 03  Mar 02  1-Mar
0.2
0.15
0.15
Debt-Equity Ratio

0.1
 0.24
0.25

0.2
0.15
0.15
Debt-Equity Ratio
0.03 0.02 0.04 0.15 0.24
0.1

0.04
0.05 0.03
0.02 0.02 0.02 0.02 0.02
0.01
0
10- 9- 8- 7- 6- 5- 4- Mar Mar 1-
Mar Mar Mar Mar Mar Mar Mar 03  02  Mar

20,000.00
18,000.00 Net
Sales/PAT
5-Mar16,000.00
4-Mar Mar 03  Mar 02  1-Mar
7,594.9414,000.00
6,407.46 5,875.78 5,022.40 4,196.44
2,191.4012,000.00
1,592.85 1,371.35 1,189.72 1,006.26
10,000.00
  Net Sales
8,000.00
PAT
6,000.00
4,000.00
2,000.00
0.00
ar ar ar ar ar ar ar 3  2  ar
-M -M - M -M -M -M -M ar 0 ar 0 - M
10 9 8 7 6 5 4 M M 1

Return on Avg Capital Employed (%)

2006 2007 2008 2009
43.24
45 40.0440.19
38.53 38.12 38.25
36.41 38.12 38.25 40 35.11 35.88 36.41 35.11
35
30
Return on Avg Capital
25 Employed (%)
20
15
10
5
0
2001 2002 2003 2004 2005 2006 2007 2008 2009
Interest Cover Ratio
300
5-Mar 4-Mar 3-Mar 2-Mar 1-Mar
53.63
250 68.85 52.09 23.91 245.81
16.79

200
Interest Cover Ratio
150 153.8
121.98
102.27
 300

250 245.81

200
Interest Cover Ratio
150 153.8
121.98
100 102.27
68.85 67.63
50 52.09 53.63
16.7923.91
0
1-Mar 3-Mar 5-Mar 7-Mar 9-Mar

Market Capitalisation
140
120 119.47
100 5-Mar 4-Mar 3-Mar 2-Mar 1-Mar
80 29.32 65.55 -8.87 -14.46 10.8
65.55 Market Capitalisation
60
40 44.05
37.43
29.32
20
10.8
0
-8.87 -10.31
-20 1-Mar 3-Mar
-14.46 5-Mar 7-Mar
-22.71
9-Mar

-40
 1995
133.56
1995
55
57.89
d (%)

n on Avg Capital
oyed (%)