Key Financial Ratios of Indian Oil Corporation

------------------- in Rs. Cr. -----------------

Key Financial Ratios Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
Investment Valuation Ratios
Face Value 10.00 10.00 10.00 10.00 10.00
Dividend Per Share 12.50 19.00 5.50 7.50 13.00
Operating Profit Per Share (Rs) 66.86 92.14 94.73 113.42 62.19
Net Operating Profit Per Share (Rs) 1,497.37 1,853.57 2,074.51 2,575.73 1,109.73
Free Reserves Per Share (Rs) 231.37 279.23 324.13 343.01 191.63
Bonus in Equity Capital 91.29 91.29 89.42 89.42 93.91
Profitability Ratios
Operating Profit Margin (%) 4.46 4.97 4.56 4.40 5.60
Profit Before Interest And Tax Margin (%) 3.18 3.74 3.43 3.43 4.35
Gross Profit Margin (%) 4.68 5.09 3.47 3.46 4.40
Cash Profit Margin (%) 4.03 4.62 3.61 3.50 5.04
Adjusted Cash Margin (%) 3.65 3.73 3.61 3.50 5.04
Net Profit Margin (%) 2.78 3.43 2.78 0.95 3.74
Adjusted Net Profit Margin (%) 2.40 2.49 2.78 0.95 3.74
Return On Capital Employed (%) 12.60 15.97 14.06 14.64 15.83
Return On Net Worth (%) 16.77 21.51 16.99 6.71 20.22
Adjusted Return on Net Worth (%) 14.49 15.71 14.83 17.40 20.55
Return on Assets Excluding Revaluations 5.36 296.88 343.53 368.54 208.14
Return on Assets Including Revaluations 5.36 296.88 343.53 368.54 208.14
Return on Long Term Funds (%) 16.18 20.59 19.54 20.72 21.20
Liquidity And Solvency Ratios
Current Ratio 0.83 0.79 0.84 0.61 0.76
Quick Ratio 0.50 0.47 0.54 0.47 0.45
Debt Equity Ratio 0.90 0.78 0.86 1.02 0.88
Long Term Debt Equity Ratio 0.49 0.39 0.35 0.43 0.40
Debt Coverage Ratios
Interest Cover 7.24 6.75 6.94 3.30 9.86
Total Debt to Owners Fund 0.90 0.78 0.86 1.02 0.88
Financial Charges Coverage Ratio 9.28 8.42 8.63 4.04 11.71
Financial Charges Coverage Ratio Post Tax 8.16 7.82 7.23 2.53 9.64
Management Efficiency Ratios
Inventory Turnover Ratio 7.26 8.84 9.09 13.98 8.37
Debtors Turnover Ratio 28.23 32.23 36.50 48.15 45.91
Investments Turnover Ratio 8.26 10.10 9.09 13.98 8.37
Fixed Assets Turnover Ratio 5.26 6.01 4.38 4.98 3.78
Total Assets Turnover Ratio 3.15 3.51 3.24 3.47 2.85
Asset Turnover Ratio 4.02 3.97 4.38 4.98 3.78
Average Raw Material Holding 49.57 38.70 48.65 22.88 45.53
Average Finished Goods Held 27.21 22.26 21.49 16.43 24.77
Number of Days In Working Capital 13.35 6.70 18.93 4.38 13.20
Profit & Loss Account Ratios
Material Cost Composition 90.91 89.28 90.23 89.12 89.33
Imported Composition of Raw Materials
80.46 84.09 84.46 82.70 76.69
Consumed
Selling Distribution Cost Composition 3.84 3.57 3.53 3.15 3.89
Expenses as Composition of Total Sales 3.21 4.21 4.63 4.87 5.10
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 33.87 34.83 10.51 36.11 35.86
Dividend Payout Ratio Cash Profit 23.35 25.60 7.39 17.32 26.98
Earning Retention Ratio 60.73 52.06 87.96 86.08 64.72
Cash Earning Retention Ratio 74.20 67.96 91.89 90.19 73.35
Earnings Per Share 42.08 64.21 58.39 24.74 42.10
Book Value 250.88 298.22 344.58 368.86 208.21