Type Period Ending No.

of Months Descriptio n Net Sales / Interest Earned / Operating Income Other Income Expenditure Interest Profit Before Depreciatio n and Tax Depreciatio n Profit before Tax Tax Profit after Tax Extraordina ry Items Net Profit Equity Capital Reserves Basic EPS after Extraordina ry items Diluted EPS after Extraordina ry items Nos. of Shares Public Percent of SharesPublic Operating Profit Margin Net Profit Margin Cash EPS

Audited 31-Mar-12 12

Audited 31-Mar-11 12

Audited 31-Mar-10 12

Amount (Rs. million)

3299040 61,920.00 -2962850 -26,670.00

2481700 30,520.00 -2100440 -23,280.00

1924610 24,600.00 -1618800 -19,970.00

371440 -113940 257500 -57,100.00 200400 0 200400 32,710.00 1596980

388500 -136080 252420 -49,560.00 202860 0 202860 32,730.00 1428000

310440 -104970 205470 -43,110.00 162360 0 162360 32,700.00 1250970

61.2

62

49.7

61.2

62

49.7

1,80,71,00,000.00

1,80,95,00,000.00 1,80,65,00,000.00

55.25

55.28

55.24

12.07 6.07 96.1

16.59 8.17 103.56

17.17 8.44 81.75

Audited 31-Mar-09 12

on)

1418470 20,600.00 -1185340 -17,450.00

329904 6192 -296285 -2667

248170 3052 -210044 -2328

192461 2460 -161880 -1997

141847 2060 -118534 -1745

236280 -51,950.00 184330 -31,240.00 153090 3,280.00 156370 15,740.00 1129450

37144 -11394 25750 -5710 20040 0 20040 3271 159698

38850 -13608 25242 -4956 20286 0 20286 3273 142800

31044 -10497 20547 -4311 16236 0 16236 3270 125097

23628 -5195 18433 -3124 15309 328 15637 1574 112945

96.8

96.8

74,82,00,000.00

47.54

17.89 11.02 132.35

Profit and Loss Account 1 2 3=1+2 4 5=3-4 6 7=5-6 8 9=7-8 10 11 = 9 - 10 12 13 = 11 - 12 14 15 100* (PBIDT / Total Income) PBIDT / Interest PAT after EO + Depreciation Operating Income Other Income Total Income Operating Expenditure PBIDT Interest PBDT Depreciation PBT Tax PAT before EO EO: Extra ordinary Items PAT after EO Equity Share Capital Reserves and Surplus

16 = 100* (5/3) PBIDT Margins (%) 17 = 5 / 6 Interest coverage 18 = 13 + 8 Cash Profit

Profit and Loss Account 2011-12 2010-11 2009-10 2008-09 329904 248170 192461 141847 6192 3052 2460 2060 336096 251222 194921 143907 296285 210044 161880 118534 39811 41178 33041 25373 2667 2328 1997 1745 37144 38850 31044 23628 11394 13608 10497 5195 25750 25242 20547 18433 5710 4956 4311 3124 20040 20286 16236 15309 0 0 0 328 20040 20286 16236 15637 3271 3273 3270 1574 159698 142800 125097 112945 61.3 62.0 49.7 97.3 11.8% 16.4% 17.0% 17.6% 14.9 17.7 16.5 14.5 31434 33894 26733 20832

1 2 3=1+2 4 5 6 7 8 = 5 + 6+ 7 9=3 +8

10 11 12 13 14 15 16 17 18 19 = 13 + 14 + 15 + 16 + 17 + 18 20 21 22 23 = 20 + 21 + 22 24 = 19 - 23 25 = 10 + 11 + 24

Balance Sheet as of 31st March Liabilities 2012 2011 Share Capital 3271 3273 Reserves & Surplus 162825 148267 Share Holders Funds 166096 151540 Loans Long Term Borrowings Short Term Borrowings Deferred Tax Liability Total Borrowings Total Capital Employed

Current Ratio Quick / Acid Test Ratio Cash Ratio Interval Measure

2.3 1.7 1.1 119

1.6 1.1 0.7 115

48034 10593 12122 70749 236845

51124 12304 11562 74990 226530

Operating expenses are treated as cost of goods sold + sellin Net Working Capital Ratio Assets 2012 Fixed Assets 135817 Long term Investments 26979 Current Assets Current Investments 27029 Inventoreis 35955 Trade Receivables 18424 Cash and Bank Balances 39598 Short term loans and advances 11089 Other current Assets 249 Total Current Assets 132344 Less: Current Liabilities Trade Payables 40324 Other Current Liabilities 13713 Short term provisions 4258 Current Liabilities 58295 Net Current Assets 74049 Net Assets 236845 2011 165633 23209 14443 29825 17442 27135 6833 199 95877 34844 18735 4602 58181 37696 226538 74049

Current assets / current liabilities (Current Assets - Inventories) / Current Liabilities (Cash + Marketable securities)/ Current liabilities We have taken current investments as marketable securities (Current assets - Inventories) / (cost of goods sold + selling administrative and general expenses excluding non cash expenditure like depreciation))/ 365 ost of goods sold + selling, administrative and general expenses)

Ratios Liquidity Ratios Leverage Ratios Coverage Ratios Activity Ratios Profitability Ratios

chaitanyanallani@gmail.com

Ratios

Activity Ra

Inventory T

Days of Inv

Debtors tur

Average co

Ratios

Assets Turn Net Assets

Total Asset

Fixed Asset

Current Ass

Working Ca

Note: Sales Ratios

Profitability

Gross Profi

Net Profit M

Operating e

Operating e Ratios

Return ratio

Return on I

Return on c

Return on E

Ratios

Ratios of in

Earnings pe

Price - Earn

Dividend Pe

Dividend Pa

Dividend Yi Net worth

Book Value

Market valu

Ratios Liquidity Ratios are based on only balance Sheet items Current Ratio Current Assets / Current Liabilities Quick / Acid Test Ratio (Current Assets - Inventories) Current Liabilities Cash Ratio (Cash + Marketable Securities) / Current Liabilities Interval Measure 365* (Current Assets - Inventories) /(COGS + SGA excluding depn) Net Working Capital Ratio Net Working Capital / Net Assets Ratios Leverage Ratios are based on only balance sheet items Debt Ratio Total Debt /(Total Debt + Net worth) Debt Equity Ratio Total Debt / Net worth Capital Employed to Net Worth Ratio Capital Employed / Net Worth Capital Employed to Net Worth = 1 + Debt Equity Ratio Capital Employed = Net Assets = Net Worth + Total Debts Ratios Coverage ratios involve items in Profit and loss account as well as Balance Sheet Debt Service Coverage Ratio Net profit + interest + lease rent + non cash expenses / Instalments due + Lease Rentals Instalments due include principal and interest due for the period Interest Coverage Earnings before interest tax, depreciation and amortisation / Interest

Ratios Activity Ratios involve items in profit and loss as well as Balance Sheet Inventory Turnover Ratio Cost of goods sold / Average Inventory (or) Sales / Inventory 365 * inventory / sales Credit sales / average debtors (or) Sales / Debtors 365* Debtors / Sales

Days of Inventory holdings Debtors turnover ratio

Average collection period

Ratios Assets Turnover ratio involve items in profit and loss aas well as Balance Sheet Net Assets Turnover Ratio Total Assets Turnover Ratio Fixed Assets Turnover ratio Current Assets Turnover Ratio Working Capital Turnover Ratio Sales / Net Assets Sales / Total Assets Sales / Net Fixed Assets Sales / Current Assets Sales / Net Current Assets

Note: Sales will be the Numerator in all turnover ratios Ratios Profitability ratio generally involve only Profit and Loss account items Gross Profit Margin Net Profit Margin Operating expenses ratio (Sales - Cost of Goods Sold ) / Sales Profit after Tax / Sales Operating expenses / Sales

Operating expenses = cost of goods sold + SGA Ratios Return ratios involve both Profit and Loss account and Balance Sheet items Return on Investment Return on capital employed Return on Equity Earnings before interest and tax / Total Assets Earnings before interest and tax / Net Assets or Capital employed Profit after tax / Net worth

Ratios Ratios of interest to investors and capital markets Earnings per share (Profit after tax - preference dividiend) / No. of Equity Shares o/s

Price - Earnings Ratio

Market Value Per Share / Earnings Per Share or Market Capitalisation / Net profit after preference dividend Dividend to equity holders / No. of equity shares outstanding Equity dividend / Profit after tax Dividend Per share / Market Value per share Equity Capital + Total Reserves and Surplus Exclude revaluation reserves in reserves and surplus Also reduce miscellaneous expenses not written off, if any Debit balance of Profit and loss account is negative reserve Net Worth / No. of Equity Shares Market Value per share / Book Value per share

Dividend Per Share Dividend Pay out ratio Dividend Yield Net worth

Book Value Market value to Book Value

A excluding depn)

mortisation /

Capital employed

quity Shares o/s

ence dividend outstanding