Particulars

Formulae

2012 (average)

Profitability Ratios
Gross Profit

Sales - COGS
Turnover

3,073.09
22,116.37

Net Profit Ratio

PAT

Net Marging

Turnover

22,116.37

Operating Profit Ratio 1

EBITDA

3,569.65

Turnover

22,116.37

Operating Profit Ratio 2

PBIT
Turnover

Return on Capital Employed

2,691.40

3,351.40
22,116.37

PBIT

3,351.40

Average Capital Employed

3,086.39

Return on Shareholders funds

PAT

2,691.40

Return on Equity

Average Shareholders funds

3,086.39

Return on Investments

PAT

2,691.40

Return on Total Assets

Average Total Assets

10,560.47

Leverage

Average Total Assets

10,560.47

Average Shareholder's fund

3,086.39

Turnover Ratios
Total Asset Turnover Ratio

Fixed Asset Turnover Ratio

Turnover

22,116.37

Average Total Assets

10,560.47

Turnover

22,116.37

Average Fixed Assets

Inventory Turnover Ratio

COGS
Average Inventory

Inventory Holding Period

365
Inventory Turnover Ratio

Debtors Turnover Ratio

Turnover

2,158.38
19,043.28
2,663.71
365.00
7.15
23,181.09

Collection Period

Average Debtors

811.13

365

365.00

Debtors Turnover Ratio

Creditors Turnover Ratio

Purchases
Average Creditors

Payable Period

365
Creditors Turnover Ratio

Creditors Turnover Ratio

Purchases
Average Creditors

Payable Period

365
Creditors Turnover Ratio

Operating Cycle

Inventory holding period + Collection period

Cash Cycle

Operating cycle - Payable period

28.58
18,825.03
5,266.63
365.00
3.57
18,825.03
4,816.22
365.00
3.91

Liquidity Ratios
Current Ratio

Current Assets

7,798.62

Current Liabilities

6,448.70

Current Asset - Inventory

5,281.97

Current Liabilities

6,448.70

Super Quick Ratio

Cash + Marketable investments

4,081.94

Cash Ratio

Current Liabilities

6,448.70

Quick Ratio

Solvency Ratios
Debt Equity Ratio

Debt
Equity

Capital Gearing Ratio

Liability to equity ratio

Interest Coverage Ratio

Debt

3,512.93
-

Debt + Equity

3,512.93

Total liability

7,445.34

Shareholders funds

3,512.93

PBIT

3,351.40

Interest cost p.a.

1.24

Interest Coverage Ratio

EBITDA
Interest cost p.a.

Dividend Payout Ratio

Retention Ratio

3,569.65
1.24

Dividend declared (interim + proposed)

1,620.94

PAT

2,691.40

100% - Payout ratio

Financial Leverage

Book Value per share

Book value of net worth

No. of shares

Dividend Yield

Price to book ratio

Dividend per share

3,512.93
216.15
7.50

Stock Price

409.90

Market Price per share

409.90

Book value per share

16.25

Market Ratio
P/E Ratio

Market Price (as on 31.3)

EPS

409.90
12.46

2012 (average)

2012 (without avg)

2011 (without avg)

13.90%

2,457.56

Comments

12.45%

19,735.51
12.17%

2,305.99

11.68%

19,735.51
16.14%

2,951.27

14.95%

19,735.51
15.15%

2,730.44

13.84%

19,735.51
108.59%

3,351.40

95.40%

3,512.93

87.20%

2,691.40

2,691.40

76.61%

10,958.27

24.56%

22,116.37

3.12

22,116.37

2.02

19,043.28

10.30

365.00

7.57

23,181.09

19,735.51

19,735.51

17,277.95
2,810.77

48

7.57
28.58

10,162.66

2,169.10

2,516.65
51

22.69%

3.82

1.94

10,162.66

2,147.47
7.15

2,305.99

2,659.52

10,958.27
10.25

86.71%

10,162.66

3,512.93

2.09

2,305.99

Long term provisions have been excluded

from capital employed. Should other long
term liabilities be included??

2,659.52

10,958.27
3.42

102.67%

2,659.52

3,512.93
25.49%

2,730.44

365.00

9.10 CWIP & Intangibles under devlp. have

been excluded
6.15 COGS = Total expenses (before dividend) Finance cost
59

6.15
34.14

20,639.94

21.88

678.99
13

365.00

943.21
11

34.14

365.00

17

21.88

3.57

102

365.00

#DIV/0!

3.91

18,825.03

365.00

#DIV/0!

4.07

4,622.96
93

365.00

17,057.12
5,009.05

90

4.07

365.00
3.41

3.41 Purchases = Total Expenses - Depreciation

- Finance Cost
Only Trade payables considered. Short term
107 provisions & other Current Liabilities
excluded since most of it belongs to
statutory dues

64

59

76

(30)

(31)

(31)

1.21

6,974.25

1.05

6,620.07
0.82

4,163.48

0.63

6,620.07
0.63

2,768.56
6,620.07

0.42 Marketable investments = Current

Investments

Closing balance

Closing balance

2,659.52
-

2,659.52

2.12

2,702.74

2,730.44
0.24

11,376.83

2,878.75

2,951.27

12,296.96

0.24
60.23%

0.00%
2,305.99

39.77%

100.00%

16.25

1.83%

25.22

32.90

284.6
10.58

26.90

Particulars

Notes

31.03.2012

31.03.2011

EQUITY & LIABILITIES

Shareholders Capital
Share Capital
Reserves & Surplus

3
4

216.15
3,296.78

1.97%
30.08%

215.95
2,443.57

2.12%
24.04%

Non Current liabilities

Other long term liabilities
Long term provisions

5
6

329.69
666.95

3.01%
6.09%

219.20
663.87

2.16%
6.53%

Current Liabilities
Trade Payables
Other Current Liabilities
Short term provisions

7
9
10

4,622.96
546.77
1,278.97
10,958.27

42.19%
4.99%
11.67%
100.00%

5,009.05
554.59
1,056.43
10,162.66

49.29%
5.46%
10.40%
100.00%

ASSETS
Fixed Assets
Tangible assets
Intangible assets
CWIP
Intangible assets under development

12
13

2,117.53
29.94
205.13
10.32

19.32%
0.27%
1.87%
0.09%

2,133.58
35.52
216.59
72.17

20.99%
0.35%
2.13%
0.71%

Non-current investments
Deferred tax asset (net)
Long term loans & advances

14
15
16

186.31
214.24
396.18

1.70%
1.96%
3.62%

120.58
209.66
400.31

1.19%
2.06%
3.94%

Current Assets
Current Investments
Inventories
Trade Receivables
Cash & Bank
Short term loans & advances
Other current assets

17
18
19
20
21
22

2,251.90
2,516.65
678.99
1,830.04
485.79
35.25
10,958.27
-

20.55%
22.97%
6.20%
16.70%
4.43%
0.32%
100.00%

1,140.09
2,810.77
943.21
1,628.47
416.35
35.36
10,162.66
-

11.22%
27.66%
9.28%
16.02%
4.10%
0.35%
100.00%

Particulars

Notes

Revenues from operations

Less: Excise Duty
Revenues from operations (NET)
Other Income
Total Revenue

26

Cost of materials consumed

Purchases of stock in trade
Changes in inventories
Employee benefit expenses
Finance Costs
Depreciation & Amortization
Other expenses
Total Expenses

28
29
30
31
32
33
34

27

Profit before exceptional item & tax

Exceptional Items
PBT
Tax
Current Tax
Deferred Tax
Tax Adjustment of previous years (net)
Profit for the year
EPS
Basic
Diluted

35

31.03.2012

23,181.09
(1,064.72)
22,116.37
278.31
22,394.68

103.51%
-4.75%
98.76%
1.24%
100.00%

8,584.89
3,024.14
128.73
1,107.28
1.24
218.25
5,979.99
19,044.52

38.33%
13.50%
0.57%
4.94%
0.01%
0.97%
26.70%
85.04%

3,350.16

14.96%

118.87

0.53%

3,469.03

15.49%

(784.52)
(0.76)
7.65
2,691.40

12.46
12.45

-3.50%
0.00%
0.03%
12.02%

31.03.2011
20,639.94
(904.43)
19,735.51
272.88
20,008.39
7,550.49
2,818.13
(290.53)
961.26
0.24
220.83
6,017.77
17,278.19

%
103.16%
-4.52%
98.64%
1.36%
100.00%

Yoy
12.31%
17.72%
12.06%
1.99%
11.93%

37.74%
13.70%
14.08%
7.31%
-1.45% -144.31%
4.80%
15.19%
0.00% 416.67%
1.10%
-1.17%
30.08%
-0.63%
86.35%
10.22%

2,730.20

13.65%

22.71%

206.83

1.03%

-42.53%

2,937.03

14.68%

18.11%

(588.82)
(39.16)
(3.06)
2,305.99

10.58
10.56

-2.94%
33.24%
-0.20% -98.06%
-0.02% -350.00%
11.53%

16.71%

17.77%
17.90%