Balance Sheet of

################in Rs. Cr. ###################

Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

12 mths

12 mths

12 mths

12 mths

12 mths

Total Share Capital

634.75

634.65

570.6

514.05

385.54

Equity Share Capital

634.75

634.65

570.6

514.05

385.54

Share Application Money

3.06

Preference Share Capital

18,709.16

19,351.40

14,208.55

11,855.15

7,428.45

23.75

24.19

24.63

25.07

25.51

19,367.66

20,013.30

14,803.78

12,394.27

7,839.50

Secured Loans

6,915.77

7,766.05

7,742.60

5,251.65

2,461.99

Unsecured Loans

4,095.86

8,132.70

8,883.31

7,913.91

3,818.53

Total Debt

11,011.63

15,898.75

16,625.91

13,165.56

6,280.52

Total Liabilities

30,379.29

35,912.05

31,429.69

25,559.83

14,120.02

Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

12 mths

12 mths

12 mths

12 mths

12 mths

27,111.76

21,883.32

18,416.81

13,905.17

10,830.83

9,965.87

8,466.25

7,212.92

6,259.90

5,443.52

17,145.89

13,417.07

11,203.89

7,645.27

5,387.31

2,073.96

4,058.56

5,232.15

6,954.04

5,064.96

20,493.55

22,624.21

22,336.90

12,968.13

4,910.27

Inventories

4,588.23

3,891.39

2,935.59

2,229.81

2,421.83

Sundry Debtors

2,708.32

2,602.88

2,391.92

1,555.20

1,130.73

Cash and Bank Balance

1,115.08

638.79

612.16

638.17

750.14

Total Current Assets

8,411.63

7,133.06

5,939.67

4,423.18

4,302.70

Loans and Advances

6,400.65

5,852.42

5,248.71

5,909.75

4,831.36

725.88

1,790.13

1,141.10

503.65

1,647.17

15,538.16

14,775.61

12,329.48

10,836.58

10,781.23

21,271.45

15,740.69

16,909.30

10,968.95

10,040.37

3,600.82

3,222.71

2,763.43

1,877.26

1,989.43

Total CL & Provisions

24,872.27

18,963.40

19,672.73

12,846.21

12,029.80

Net Current Assets

-9,334.11

-4,187.79

-7,343.25

-2,009.63

-1,248.57

2.02

6.05

30,379.29

35,912.05

31,429.69

25,559.83

14,120.02

3,284.12

4,798.83

3,708.33

5,433.07

5,590.83

60.95

314.93

259.03

240.64

202.7

Sources Of Funds

Reserves
Revaluation Reserves
Networth

Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments

Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions

Miscellaneous Expenses
Total Assets
Contingent Liabilities
Book Value (Rs)

Consolidated Profit &

Loss account
Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments

########## in Rs. Cr. ######

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

170,677.58

127,358.20

94,835.38

5,139.89

4,425.37

3,135.12

165,537.69

122,932.83

91,700.26

-169.77

1,295.12

3,555.32

2,535.72

1,836.19

817.1

Total Income

167,903.64

126,064.14

96,072.68

Expenditure
Raw Materials

113,220.54

82,033.81

63,703.05

1,017.19

851.6

689.45

12,298.45

9,342.67

8,751.77

1,714.56

1,400.93

1,157.12

12,358.19

8,954.69

Power & Fuel Cost

Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses

25,777.41

7,932.21

7,037.94

Preoperative Exp Capitalised

-8,265.98

-5,966.17

-4,592.50

145,762.17

107,953.24

85,701.52

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

Operating Profit

22,311.24

16,815.78

6,815.84

PBDIT

22,141.47

18,110.90

10,371.16

Interest

2,982.22

3,014.12

2,916.20

19,159.25

15,096.78

7,454.96

Total Expenses

PBDT
Depreciation

5,625.38

4,655.51

3,887.13

Other Written Off

Profit Before Tax

13,533.87

10,441.27

3,567.83

Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Minority Interest

13,533.87

10,441.27

3,567.83

-40.04

1,216.38

1,005.75

13,573.91

9,220.79

2,516.89

82.33

48.52

30.33

-24.92

-101.35

-84.5

Share Of P/L Of Associates

Net P/L After Minority Interest & Share Of
Associates

14,348.04

9,273.62

2,915.13

Total Value Addition

32,541.63

25,919.43

21,998.47

Preference Dividend

1,280.70

1,274.23

859.05

207.92

207.07

142.8

Equity Dividend
Corporate Dividend Tax

Per share data (annualised)

Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)

31,735.47

6,346.14

5,705.58

42.77

145.3

44.11

103.03

299.77

143.93

Mar '09

Mar '08

12 mths

12 mths

74,761.84

40,089.31

3,153.68

4,676.12

71,608.16

35,413.19

-1,139.75

652.87

-602.92

0.3

69,865.49

36,066.36

48,218.24

25,111.81

686.3

377.72

7,297.22

2,745.16

827.97

683.68

6,134.19

1,968.81

8,920.90

1,870.27

-4,669.77

-1,360.70

67,415.05

31,396.75

Mar '09

Mar '08

12 mths

12 mths

3,590.19

4,016.74

2,450.44

4,669.61

2,072.02

800.35

378.42

3,869.26

2,506.77

782.07

0.9

0.9

-2,129.25

3,086.29

-2,129.25

3,086.29

335.75

851.54

-2,465.00

2,234.75

-11.48

132.25

51.73

-65.2

-2,165.96

2,167.70

19,196.81

6,284.94

311.61

578.43

52.97

98.31

4,498.33

3,855.04

-54.8

57.97

115.45

224.95

Cash Flow

###########in Rs. Cr. ########

Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

12 mths

12 mths

12 mths

12 mths

12 mths

Net Profit Before Tax

1242.23

1811.82

2240.08

1001.26

2028.92

Net Cash From Operating

Activities

3653.59

1505.56

6586.03

1295.02

6174.5

144.72

-2521.88

-11848.29

-10644.67

-5721.86

-4235.59

1648.42

5348.49

8104.7

1132.46

-437.28

632.1

86.23

-1244.95

1585.1

Opening Cash & Cash

Equivalents

1352.14

720.04

630.04

2386.77

806.21

Closing Cash & Cash

Equivalents

914.86

1352.14

716.27

1141.82

2391.31

Net Cash (used in)/from

Investing Activities
Net Cash (used in)/from
Financing Activities
Net (decrease)/increase In
Cash and Cash
Equivalents

Financial
Ratios
Investment Valuation Ratios
Face Value
Dividend Per Share
Operating Profit Per Share
(Rs)
Net Operating Profit Per
Share (Rs)
Free Reserves Per Share
(Rs)

Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

10

10

10

10

--

--

--

--

--

70.3

264.91

118.67

79.81

104.19

521.62

1,937.13

1,607.20

1,591.88

918.62

--

359.04

180.17

159.29

191.47

17.53

17.53

19.5

21.64

28.86

Operating Profit Margin(%)

Profit Before Interest And
Tax Margin(%)

13.47

13.67

7.38

5.01

11.34

10.03

9.81

3.1

1.51

9.04

Gross Profit Margin(%)

10.07

9.88

3.14

1.51

9.13

Cash Profit Margin(%)

12.05

10.9

4.34

1.65

7.6

Adjusted Cash Margin(%)

12.05

10.9

4.34

1.65

7.6

8.13

7.48

2.76

-3.49

6.06

8.13

7.48

2.76

-3.49

6.06

24.29

25.24

9.37

2.7

17.72

41.33

48.74

31.3

-49.05

25.01

44.05

46.51

1.76

-25.89

22.37

103.03

299.77

143.93

113.54

224.77

103.03

302.05

147.18

116

225.43

24.29

31.94

16.18

7.24

24

Liquidity And Solvency Ratios

Current Ratio

1.03

0.76

0.59

0.48

0.88

Quick Ratio

0.72

0.75

0.72

0.64

1.17

Debt Equity Ratio

1.18

1.72

4.29

6.73

1.34

Long Term Debt Equity Ratio

1.18

1.15

2.06

1.88

0.72

Debt Coverage Ratios

Interest Cover

5.82

5.87

1.91

0.56

4.83

1.18

1.72

4.29

6.73

1.34

7.7

5.88

2.73

1.73

5.46

7.42

5.62

3.21

4.69

Bonus in Equity Capital

Profitability Ratios

Net Profit Margin(%)

Adjusted Net Profit
Margin(%)
Return On Capital
Employed(%)
Return On Net Worth(%)
Adjusted Return on Net
Worth(%)
Return on Assets Excluding
Revaluations
Return on Assets Including
Revaluations
Return on Long Term
Funds(%)

Total Debt to Owners Fund

Financial Charges Coverage
Ratio
Financial Charges Coverage
Ratio Post Tax

Management Efficiency Ratios

Inventory Turnover Ratio

9.37

9.21

8.6

8.25

12.79

Debtors Turnover Ratio

21.9

17.48

15.29

20.88

18.82

Investments Turnover Ratio

9.37

9.21

8.6

8.25

12.79

Fixed Assets Turnover Ratio

2.34

2.08

1.72

1.37

2.87

Total Assets Turnover Ratio

3.98

3.21

3.04

2.18

1.65

Asset Turnover Ratio

2.34

2.08

1.72

1.37

2.87

--

12.3

11.99

22.88

23.39

--

35.98

35.27

28.78

14.94

5.41

7.58

-1.35

-0.58

62.55

68.39

66.73

69.46

67.33

70.91

--

--

--

--

--

--

9.17

8.88

7.11

3.72

--

--

--

--

--

11.01

15.97

38.96

--

31.21

7.77

10.63

15.51

15,065.28

22.93

89.67

83.27

-589.5

--

65.09

92.57

89.04

75.16

69.25

75.14

1.93

2.43

8.73

29.51

4.26

Average Raw Material

Holding
Average Finished Goods
Held
Number of Days In Working
Capital
Profit & Loss Account Ratios
Material Cost Composition
Imported Composition of
Raw Materials Consumed
Selling Distribution Cost
Composition
Expenses as Composition of
Total Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net
Profit
Dividend Payout Ratio Cash
Profit
Earning Retention Ratio
Cash Earning Retention
Ratio
AdjustedCash Flow Times