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Year
Mar 16
Mar 15
Mar 14
Mar
13
Mar
12
Mar
11
Mar
10
Current
Ratio
3.0
2.8
2.4
2.2
2.3
2.3
2.3
The current ratio measures a companys ability to pay off its current
liabilities (payable within one year) with its current assets such as
cash, accounts receivable and inventories. The higher the ratio, the
better the companys liquidity position.
Current Ratio
3.5
3.0
2.5
2.0
Current Ratio
1.5
1.0
0.5
0.0
Comment:
It is seen that the companies Current Ratio is increasing Y-o-Y
basis .
Mar
09
1.8
Mar
08
2.5
M
0
Quick Ratio
Quick ratio = (Current assets Inventories) / Current liabilities
= (Cash and equivalents + Marketable securities + Accounts
receivable) / Current liabilities
The quick ratio measures a companys ability to meet its shortterm obligations with its most liquid assets, and therefore
excludes inventories from its current assets. It is also known as
the acid-test ratio.
Year
Mar
16
Quick
Ratio
2.90
4
Mar
15
2.77
4
Mar
14
2.34
7
Mar
13
2.18
2
Mar
12
Mar
11
2.20
2
2.15
4
Mar
10
2.26
2
Mar
09
Mar
08
1.76
5
Quick Ratio
3.500
3.000
2.500
2.000
1.500
Quick Ratio
1.000
0.500
0.000
Comments:
2.43
7
Mar
07
1.59
7
Solvency Ratios
Debt to Equity
Debt to equity = Total debt / Total equity
This ratio indicates the degree of financial leverage being used by
the business and includes both short-term and long-term debt. A
rising debt-to-equity ratio implies higher interest expenses, and
beyond a certain point it may affect a companys credit rating,
making it more expensive to raise more debt.
Year
Debt to
Equity
Mar
16
0.17
Mar
15
0.18
Mar
14
Mar
13
0.1
6 0.25
Mar
12
0.22
Mar
11
0.22
Mar
10
Mar
09
Mar
08
0.31
0.40
0.33 0.03
Debt to Equity
0.45
0.40
0.35
0.30
0.25
Debt to Equity
0.20
0.15
0.10
0.05
0.00
Comments:
Mar
07
The level of the Debt to Equity is coming down which shows the Debt level of
company is lowering
Debt to Assets
Debt to assets = Total debt / Total assets
Another leverage measure, this ratio measures the percentage
of a companys assets that have been financed with debt
(short-term and long-term). A higher ratio indicates a greater
degree of leverage, and consequently, financial risk.
Mar
16
Year
Debt
to
Asset
s
0.14
1
Mar
15
0.14
9
Mar
14
0.13
4
Mar
13
0.19
9
Mar
12
0.17
7
Mar
11
0.17
8
Mar
10
Mar
09
0.23
8
0.28
6
Mar
08
0.24
8
Debt to Assets
0.350
0.300
0.250
0.200
0.150
0.100
0.050
0.000
Comments:
Debt to Assets
Mar
07
0.02
5
Year
Interest
Coverage
Ratio
5.25
Mar
15
(12)
6.89
Mar
14
(12)
4.30
Mar
13
(12)
3.76
Mar 12
(12)
Mar 11
(12)
2.03
5.01
Mar
10
(12)
8.68
Comments:
The Interest Coverage Ratio of the company is 5.25 for FY
2016 which shows the companies ability to meet its
Mar 09
(12)
2.73
Mar
08
(12)
3.6
Profitability Ratio
Gross Profit Margin
Year
Gross
Profit
Margin
Mar 16
25.40
%
Mar 15
27.51
%
Mar 14
26.69
%
Mar-13
Mar-12
Mar-11
Mar-10
Mar-09
23.79
%
20.96
%
23.88
%
27.25
%
18.88
%
Mar 0
22.2
%
15.00%
10.00%
5.00%
0.00%
Comments:
Gross Profit margin shows how efficiently a company is using its raw
materials, labor and manufacturing-related fixed assets to generate profits.
25.4 % Gross profit Margin shows the company is 25% efficient in using its
resources to generate profit
A higher margin percentage is a favorable profit indicator
Mar 16
Mar 15
Mar 14
Mar 08
Mar-13
Mar-12
Mar-11
Mar-10
Mar-09
Mar 07
Operating
Profit Margin
26.58
%
28.39
%
27.65
%
24.85
%
22.86
%
24.40
%
27.68
%
19.80
%
22.89
%
25.75
%
15.00%
10.00%
5.00%
0.00%
Comments:
The companies operating margin has dipped from 28.39% to
26.58 % in FY 2016.
Higher operating incomes is the real indicator of good
performance of a company
Pretax Profit Margin
Pretax
Profit
Margin
Mar 16
23.46
%
Mar 15
25.62
%
Mar 14
24.79
%
Mar-13
Mar-12
Mar-11
Mar-10
Mar-09
21.68
%
18.61
%
21.61
%
24.73
%
16.42
%
Mar 08
Mar 07
19.65
%
23.09
%
15.00%
10.00%
5.00%
0.00%
Mar 16
Mar 15
Mar 14
Mar-13
Mar-12
Mar-11
Mar-10
Mar-09
Mar 08
Net Profit
Margin
18.12
%
19.88
%
19.06
%
17.00
%
14.73
%
18.35
%
21.29
%
13.76
%
17.35
%
10.00%
5.00%
0.00%
Comments:
The companys net profit margin has shown a dip to 18.12%
from 19.88%
This is due the increase in expenses of the company as
compared to the previous year.
Return on Asset
The Return on Assets ratio is an important profitability ratio because
it measures the efficiency with which the company is managing its
investment in assets and using them to generate profit. It measures
the amount of profit earned relative to the firm's level of investment
in total assets. The return on assets ratio is related to the asset
management category of financial ratios.
The calculation for the return on assets ratio is: Net Income/Total
Assets
Yea
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Mar 09
Mar
RO
A
16.40
%
19.22
%
21.20
%
17.91
%
15.61
%
18.15
%
20.98
%
ROA
ROA
Comments:
Return on Equity
The Return on Equity ratio is perhaps the most important of all the
financial ratios to investors in the company. It measures the return
on the money the investors have put into the company. This is the
ratio potential investors look at when deciding whether or not to
invest in the company.
The calculation is: Net Income/Stockholder's Equity = _____%.
16.63
%
19
RO
E
Mar 16
Mar 15
19.31
%
22.78
%
Mar 14
24.76
%
Mar 13
Mar 12
22.60
%
19.18
%
Mar 11
22.65
%
Mar 10
27.54
%
Mar 09
23.30
%
Mar 08
25.79
%
ROE
ROE
Comments:
The ROE of the company is also going down for the past 2
years which shows the companies performance is going down
in the past two years which is not a good sign for the investors
Mar 07
29.86
%