Balance Sheet (Rs.

in millions)
March- March- March- 2006
Liabilities 2008 2007 (12 Months)
(12 Months) (12 Months)
Share Capital 238.90 238.90 238.90
Reserves & Surplus 7,319.20 5,909.28 5,251.99
Net Worth (1) 7,558.10 6,148.18 5,490.90
Secured Loans (2) 19.37 15.35 16.20
Unsecured Loans (3) 1,041.60 32.47 77.38

Total Liabilities(1+2+3) 8,619.08 6,195.99 5,584.48

March- March- March- 2006

Assets 2008 2007 (12 Months)
(12 Months) (12 Months)

Fixed Assets
Gross Block 4,531.83 3,921.17 3,153.67
(-) Acc. Depreciation 2,121.94 1,937.48 1,748.06
Net Block (A) 2,409.89 1,983.69 1,405.60
Capital Work in Prgs. (B) 96.92 160.26 110.78
Investments (C) 3,808.30 3,200.46 3,598.64
Current Assets, Loans & Advs.
Inventories 3,015.31 2,149.41 1,847.96
Sundry Debtors 463.26 286.07 208.52
Cash And Bank 437.66 486.46 353.40
Loans And Advances 1,632.18 904.15 1,081.18
(i) 5,548.41 3,826.09 3,491.05
Current Liab. & Provs.
Current Liabilities 2,470.18 2,381.17 2,398.89
Provisions 1,006.52 849.10 783.31
(ii) 3,476.69 3,230.27 3,182.20
Net Curr. Assets (i - ii) (D) 2,071.71 595.82 308.85
Misc. Expenses (E) 232.26 255.75 160.61
Total Assets (A+B+C+D+E) 8,619.08 6,195.99 5,584.48
 Profit & Loss Accounts (Rs. in millions)
March - 2008 % March - 2007 % March - 2006 %
(12 months) (12 months) (12 months)
Sales 25,878.56 +0.99 21,993.21 +0.99 17,133.38 +0.99

Other Income 240.68 +0.01 156.72 +0.01 133.83 +0.01

Total Income 26,119.24 - 22,149.93 - 17,267.21 -
Raw Material Cost 15,637.93 +0.60 14,045.79 +0.63 10,086.44 +0.58
Excise 298.03 +0.01 1,177.93 +0.05 1,045.83 +0.06
Other Expenses 7,619.41 +0.29 5,482.53 +0.25 3,991.51 +0.23
Operating Profit 2,323.19 +0.09 1,286.97 +0.06 2,009.61 +0.12
Interest Name 97.32 +0.00 88.98 +0.00 50.86 +0.00
Gross Profit 2,225.87 +0.09 1,197.99 +0.05 1,958.74 +0.11
Depreciation 290.83 +0.01 252.71 +0.01 217.23 +0.01
Profit Bef. Tax 2,175.72 +0.08 1,102.00 +0.05 1,875.34 +0.11
Tax 412.57 +0.02 107.59 +0.00 542.86 +0.03
Net Profit 1,763.15 +0.07 994.41 +0.04 1,332.48 +0.08
Other Non- Recurring Income 146.88 +.01 82.13 +.00 131.78 +.01
Reported Profit 1,910.03 +0.07 1,076.54 +0.05 1,464.26 +0.08
Equity Dividend 430.02 +0.02 358.35 +0.02 358.35 +0.02
 Ratios
Profitability Ratios % March- 2008 March- 2007 March- 2006
(12 months) (12 months) (12 months)
Operating Profit Margin 8.97 5.85 11.72
Gross Profit Margin 7.85 4.70 10.46
Net Profit Margin 7.31 4.86 8.48
Turnover Ratios
Inventory Turnover Ratio 9.98 12.88 11.79
Debtor Turnover Ratio 55.86 76.88 82.17
Fixed Asset Turnover Ratio 5.73 5.63 5.43
Solvency Ratio
Current Ratio 1.60 1.18 1.10
Debt Equity Ratio 0 .14 0 .01 0 .02
Interest Covering Ratio 23.87 14.46 39.51
Performance Ratio %
Return On Investment 26.95 20.77 35.98
Return On Networth 26.07 18.26 27.47
Dividend Yield 26.34 38.94 27.90