Dec '05 Dec '06 Dec '07 Dec '08 Dec '09

Investment Valuation Ratios

Face Value 10 10 10 10 10

Dividend Per Share 8 15 20 20 23

Operating Profit Per Share (Rs) 31.44 89.3 103.47 95.02 136.52

Net Operating Profit Per Share (Rs) 172.56 306.06 367.48 385.22 427.27

Free Reserves Per Share (Rs) 91.75 144.12 206.6 247.26 304.59

Bonus in Equity Capital 49.78 49.05 48.95 48.94 48.92

Profitability Ratios

Operating Profit Margin(%) 18.21 29.17 28.15 24.66 31.95

Profit Before Interest And Tax

Margin(%) 12.86 24.35 23.24 20.01 27.22

Gross Profit Margin(%) 17.32 28.97 23.72 20.59 27.68

Cash Profit Margin(%) 21.95 25.53 21.57 19.22 23.61

Adjusted Cash Margin(%) 12.97 22.63 21.57 19.22 23.61

Net Profit Margin(%) 16.85 21.16 20.44 16.29 19.69

Adjusted Net Profit Margin(%) 7.68 18.15 20.44 16.29 19.69

Return On Capital Employed(%) 14.16 38.35 39.84 31.43 35.8

Return On Net Worth(%) 25.47 39.19 34.64 24.61 26.7

Adjusted Return on Net Worth(%) 11.64 33.64 29.16 23.05 26.32

Return on Assets Excluding

Revaluations 10.94 20.35 221.33 262.56 320.45

Return on Assets Including

Revaluations 10.94 20.35 221.33 262.56 320.45

Return on Long Term Funds(%) 15.36 40.1 39.98 31.43 35.8

Liquidity And Solvency Ratios

Current Ratio 0.58 0.77 0.86 0.89 0.67

Quick Ratio 0.42 0.61 0.55 0.61 0.42

Debt Equity Ratio 0.5 0.25 0.07 0.1 0.09

Long Term Debt Equity Ratio 0.39 0.2 0.07 0.1 0.09

Debt Coverage Ratios

Interest Cover 6.87 19.97 24.05 42.56 27.96

Total Debt to Owners Fund 0.5 0.25 0.07 0.1 0.09

Financial Charges Coverage Ratio 9.45 23.43 28.21 49.92 32.02

Financial Charges Coverage Ratio

Post Tax 11.81 20.85 24.63 38.71 24.12

Management Efficiency Ratios

Inventory Turnover Ratio 5.37 9.33 24.85 27.51 25.22

Debtors Turnover Ratio 16.34 27.75 27.4 24.12 31.22

Investments Turnover Ratio 12.29 22.4 24.85 27.51 25.22

Fixed Assets Turnover Ratio 1.05 1.72 1.26 1.25 1.19

Total Assets Turnover Ratio 0.99 1.46 1.55 1.35 1.23

Asset Turnover Ratio 0.69 1.19 1.26 1.25 1.19

Average Raw Material Holding 19.85 22.19 21.34 33.05 37.17

Average Finished Goods Held 9.14 7.07 7.17 6.45 7.01

Number of Days In Working Capital -27.93 -6.96 -18.25 -17.02 -54.17

Profit & Loss Account Ratios

Material Cost Composition 33.88 26.4 26.73 16.32 15.37

Imported Composition of Raw

Materials Consumed 1.36 3 6.49 9.83 15.72

Selling Distribution Cost Composition 22.8 20.02 18.55 19.05 17.37

Expenses as Composition of Total

Sales 1.93 1.2 1.29 0.99 0.69

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit 30.92 26 30.49 36.2 31.43

Dividend Payout Ratio Cash Profit 23.53 21.45 25.13 29.13 25.92

Earning Retention Ratio 32.15 69.7 63.78 61.35 68.11

Cash Earning Retention Ratio 59.85 75.7 71.1 69.3 73.78

AdjustedCash Flow Times 2.56 0.59 0.2 0.34 0.29

Dec '05 Dec '06 Dec '07 Dec '08 Dec '09

Earnings Per Share 29.49 65.78 76.67 64.62 85.58

Book Value 115.76 167.81 221.33 262.56 320.45