TATA STEEL

Standalone Profit & Loss account

Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
Expenditure
Raw Materials
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

Mar '13

( Rs. Cr. )

( Rs. Cr. )
Mar '12

12 mths

12 mths

38199.43
0
38199.43
227.51
404.6
38831.54

33933.46
0
33933.46
1397.44
220.72
35551.62

12421.63
2510.17
3608.52
0
0
8937.47
0
27477.79

9917.37
1990.16
3047.26
0
0
7662.62
0
22617.41

Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Off
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax

11126.24
11353.75
1876.77
9476.98
1640.38
0
7836.6
0
7836.6
2773.63
5062.97
15056.16
0
776.97
128.73

11536.77
12934.21
1925.42
11008.79
1151.44
0
9857.35
0
9857.35
3160.93
6696.42
12700.04
0
1165.46
181.57

Per share data (annualised)

Shares in issue (lakhs)

9712.15

9712.14

Earning Per Share (Rs)

Equity Dividend (%)
Book Value (Rs)

Standalone Balance Sheet

52.13
80
568.46

( Rs. Cr.)

68.95
120
541.81

( Rs. Cr.)
Mar '13

Mar '12

12 mths

12 mths

971.41
971.41
0
0
54238.27
0

Mar '13

971.41
971.41
0
0
51649.95
0
52621.36
4190.47
19503.35
23693.82
76315.18
Mar '12

12 mths

12 mths

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

4311.02
21600.49
25911.51
81121.19

Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets

38056.28
13181.23
24875.05
8722.29
50418.8
5257.94
796.92
2218.11
8272.97
9587.82
0
17860.79
0
17098.06
3657.68
20755.74
-2894.95
0
81121.19

23081.58
11715.32
11366.26
16058.49
50282.52
4858.99
904.08
3946.99
9710.06
8773.73
0
18483.79
0
15958.34
3917.54
19875.88
-1392.09
0
76315.18

Contingent Liabilities
Book Value (Rs)

18999.02
568.46

18039.57
541.81

Ratios

Formula

Net Profit(%)
Current ratio
Debt/equity
Debt
ROE(%)
Book value
Asset turnover
EPS
Debtors turnover
interest coverage
operating profit

net profit/sales
current assets/current liabiities
debt/equity
debt/total assets
PAT/Equity
equity/no of shares
sales/ avg total assets
PAT/no of shares
sales(gross)/avg debtors
EBIT/interest
operating profit/sales

Values
13%
0.861
0.47
0.32
9.17%
568.35
0.49
52.12
44.91
5.18
29.13%

20%
0.930
0.45
0.31
12.73%
541.70
0.48
68.94
51.10
6.12
34.00%

TEEL

( Rs. Cr. )
Mar '11

( Rs. Cr. )
Mar '10

( Rs. Cr. )
Mar '09

12 mths

12 mths

12 mths

29396.35
0
29396.35
1176.45
173.65
30746.45

26757.6
1816.95
24940.65
1241.08
-134.97
26046.76

26843.53
2495.21
24348.32
603.07
289.27
25240.66

7841.47
1558.49
2837.46
0
0
5850.29
0
18087.71

8356.45
1383.44
2361.48
2419.89
417.9
1287.04
-326.11
15900.09

8568.71
1222.48
2305.81
2127.48
400.24
1180.08
-343.65
15461.15

11482.29
12658.74
1735.7
10923.04
1146.19
0
9776.85
0
9776.85
2911.16
6865.69
10246.24
0
1151.06
156.71

8905.59
10146.67
1848.19
8298.48
1083.18
0
7215.3
0
7215.3
2168.5
5046.8
7543.64
45.88
709.77
122.8

9176.44
9779.51
1489.5
8290.01
973.4
0
7316.61
0
7316.61
2114.87
5201.74
6892.44
109.45
1168.95
214.1

9592.14

8872.14

7305.92

71.58
120
487.55

56.37
80
418.94

69.7
160
331.68

( Rs. Cr.)
( Rs. Cr.)
( Rs. Cr.)
Mar '11
Mar '10
Mar '09
12 mths

12 mths

12 mths

959.41
887.41
6203.45
959.41
887.41
730.79
178.2
0
0
0
0
5472.66
45807.02
36281.34
23501.15
0
0
0
46944.63
37168.75
29704.6
3509.18
2259.32
3913.05
22639
22979.88
23033.13
26148.18
25239.2
26946.18
73092.81
62407.95
56650.78
Mar '11
Mar '10
Mar '09
12 mths

12 mths

12 mths

22497.83
10692.73
11805.1
5612.28
46564.94
3953.76
424.02
4138.78
8516.56
17052.84
0
25569.4
0
12037.59
4421.32
16458.91
9110.49
0
73092.81

22306.07
10143.63
12162.44
3843.59
44979.67
3077.75
434.83
500.3
4012.88
6678.55
2733.84
13425.27
0
8699.34
3303.68
12003.02
1422.25
0
62407.95

20057.01
9062.47
10994.54
3487.68
42371.78
3480.47
635.98
463.58
4580.03
5884.61
1127.02
11591.66
0
8965.76
2934.19
11899.95
-308.29
105.07
56650.78

14288.41
487.55

13184.61
418.94

12188.55
331.68

Values
23%
1.554
0.56
0.36
14.63%
489.31
0.45
71.56
68.46
6.63
39.06%

19%
1.118
0.68
0.40
13.58%
418.85
0.44
56.87
49.98
4.90
33.28%

19%
0.974
0.91
0.48
17.51%
406.47
0.45
71.18
42.21
5.91
34.18%

Balance Sheet of Jindal Steel & Po

Mar '13

( Rs. Cr. )

( Rs. Cr. )
Mar '12

12 mths

12 mths

Sources Of Funds
Total Share Capital

93.48

93.48

Equity Share Capital

93.48

93.48

Share Application Money

Preference Share Capital

Init. Contribution Settler

Preference Share Application Money

Employee Stock Opiton

Reserves

0
21158.78

0
18017.62

Revaluation Reserves
Networth

0
21252.26

0
18111.1

Secured Loans

23648.82

9278.02

Unsecured Loans
Total Debt

0
23648.82

6470.92
15748.94

Minority Interest

557.27

307.1

Policy Holders Funds

Group Share in Joint Venture

Total Liabilities

45458.35
Mar '13

34167.14
Mar '12

12 mths
Application Of Funds
Gross Block

12 mths

26788.38

22376.38

7359.48
19428.9

5790.6
16585.78

19230.29

13651.95

Investments
Inventories

808.86
4524.17

377.62
3579.53

Sundry Debtors

1954.13

1306.75

200.13

149.21

Total Current Assets

6678.43

5035.49

Loans and Advances

10926.16

9356.7

17604.59

14392.19

6697.78
4916.51

6695.53
4144.87

11614.29

10840.4

5990.3

3551.79

Minority Interest

Group Share in Joint Venture

Miscellaneous Expenses

Total Assets

45458.35

34167.14

Contingent Liabilities

14827.93

16190.09

Less: Accum. Depreciation

Net Block
Capital Work in Progress

Cash and Bank Balance

Fixed Deposits

Total CA, Loans & Advances

Deffered Credit
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets

Book Value (Rs)

Profit & Loss account of Jindal

Steel & Power

227.34

193.74

------------------- in Rs. Cr. ------------------Mar '13

Mar '12

12 mths

12 mths

14954.7
0
14954.7
159.28

13333.95
0
13333.95
184.48

Stock Adjustments
Total Income
Expenditure
Raw Materials

148.2
15262.18

379.24
13897.67

6928.54

6439.76

Power & Fuel Cost

Employee Cost

939.38
447.89

838.37
385.44

Other Manufacturing Expenses

Selling and Admin Expenses

2848.64

1987.13

0
11164.45

0
9650.7

Income
Sales Turnover
Excise Duty
Net Sales
Other Income

Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Off

Mar '13

Mar '12

12 mths

12 mths
3938.45
4097.73
820.77
3276.96
1048.46

4062.49
4246.97
536.77
3710.2
867.19

Profit Before Tax

2228.5

2843.01

2228.5
635.95

2843.01
732.36

Reported Net Profit

1592.55

2110.65

Total Value Addition

4235.91

3210.94

Preference Dividend
Equity Dividend

0
149.57

0
149.46

3.32

3.15

Shares in issue (lakhs)

9348.34

9348.34

Earning Per Share (Rs)

17.04

22.58

160

160

132.09

116.01

Extra-ordinary items
PBT (Post Extra-ord Items)
Tax

Corporate Dividend Tax

Per share data (annualised)

Equity Dividend (%)

Book Value (Rs)

Ratios

Formula

Net Profit(%)
Current ratio
Debt/equity
Debt
ROE(%)
Book value
Asset turnover
EPS
Debtors turnover
interest coverage
operating profit

net profit/sales
current assets/current liabiities
debt/equity
debt/total assets
PAT/Equity
equity/no of shares
sales/ avg total assets
PAT/no of shares
sales(gross)/avg debtors
EBIT/interest
operating profit/sales

Values
11%
1.52
1.11
0.52
7%
227.34
0.38

16%
1.33
0.87
0.46
12%
193.74
0.43

17.04

22.58

9.17
3.72
26%

10.84
6.30
30%

indal Steel & Power

( Rs. Cr. )
Mar '11

( Rs. Cr. )
Mar '10

( Rs. Cr. )
Mar '09

12 mths

12 mths

12 mths

93.43

93.12

15.47

93.43

93.12

15.47

1.79
14015.09

22.34
10301.33

27.19
7007.83

-0.01
14110.3

-0.01
10416.78

0
7050.49

5548.86

5329.81

5274.85

8427.73
13976.59

3274.48
8604.29

2838.46
8113.31

233.45

165.91

4.46

28320.34
19186.98
15168.26
Mar '11
Mar '10
Mar '09

12 mths

12 mths

12 mths

19377.4

13263.17

11708.73

4432.12
14945.28

3265.08
9998.09

2241.49
9467.24

10040.87

7946.97

3255.36

297.88
2773.43

318.47
1430.82

513.87
1240.27

1153.7

753.32

574.11

152.72

88.81

212.32

4079.85

2272.95

2026.7

6481.28

4642.66

3662.17

327.49

23.96

457.04

10888.62

6939.57

6145.91

4766.46
3106.26

3971.74
2052.22

2986.94
1229.32

7872.72

6023.96

4216.26

3015.9

915.61

1929.65

20.41

7.84

3.14

28320.34

19186.98

15169.26

14730.7

15719.53

10749.6

151.01

111.62

454.13

Mar '11

Mar '10

Mar '09

12 mths

12 mths

12 mths

9574.17
0
9574.17
143.16

7895.58
548.14
7347.44
192.87

8433.81
755.98
7677.83
54.68

333.45
10050.78

40.06
7580.37

73.1
7805.61

4042.6

3219.44

3492.52

568.47
277.78

391.8
219.72

414.53
181.46

446.6

359.31

320.9

499.14

1436.22

233.56

166.11

0
6325.07
Mar '11

0
0
4832.02
5113.07
Mar '10
Mar '09

12 mths

12 mths

12 mths

3582.55
3725.71
285
3440.71
687.77

2555.48
2748.35
331.66
2416.69
512.16

2637.86
2692.54
267.89
2424.65
433.03

0.2

2752.94

1904.53

1991.42

2.93

10.46

2752.94
688.82

1907.46
427.78

2001.88
465.4

2064.12

1479.68

1536.48

2282.47

1612.58

1620.55

0
140.19

0
116.52

0
85.33

3.75

4.28

9342.69

9312.34

1546.53

22.09

15.89

99.35

150

125

550

93.01

72.44

350.16

22%
1.38
0.99
0.49
15%
151.01
0.40

19%
1.15
0.83
0.45
14%
111.62
0.46

18%
1.46
1.15
0.53
22%
454.13
0.56

22.09

15.89

99.35

10.04
10.66
37%

11.90
6.74
32%

14.69
8.43
31%

jindal
EPS

tata
52.12
68.94
71.56
56.87
71.18

17.04
22.58
22.09
15.89
99.35

120
100
80
60
40
20
0
2013

Net Profit(%)

jindal

2012

tata
11%
16%
22%
19%
18%

13%
20%
23%
19%
19%

25%
20%
15%
10%
5%
0%
2013

jindal
ROE(%)

tata
7%
12%
15%
14%
22%

9.17%
12.73%
14.63%
13.58%
17.51%

25%
20%
15%

2012

15%
10%
5%
0%
2013

jindal
interest coverage

3.72
6.30
10.66
6.74
8.43

2012

tata
5.18
6.12
6.63
4.90
5.91

12.00
10.00
8.00
6.00
5.18
4.00

3.72

2.00
0.00
2013

2012

EPS

Jindal steel
Tata Steel

2012

2011

2010

2009

Net Profit

Jindal Steel
Tata Steel

2012

2011

2010

ROE

2009

Jindal Steel
Tata Steel

2012

2011

2010

2009

Interest Coverage
10.66
8.43
6.30
6.12

6.63

6.74

5.91

4.90

2012

2011

2010

Jindal Steel
Tata Steel

2009