Balance Sheet for Cipla

as on 31st March 2014

2012

Equity and Liability

shareholder's funds
share capital
reserves and surplus

160.58
7389.7

Non-Current Liabilities
long term borrowings
deferred tax liabilities
other long term liabilities
long term provisions

2.2
232.45
30
29.12

Current Liabilities
short term borrowings
trade payables
other current liabilites
short term provisions

10
685.85
232.79
220.64
8993.33

Assets
Non-Current Assets
fixed assets
tangible assets
intangible assets
capital work-in-progress
intangible assets under development
non curent investments
long term loans and advances
other non current assets
Current Assets
current investments
inventories
trade recievables
cash and bank balances
short term loans and advances
other current assets

3002.66
NA
343.45
NA
461.83
393.5
61.57

573.32
1824.5
1519.31
55.06
765.48
53.98
8993.33

Assumptions:
2012
Fixed Assets
Net Fixed Assets - Opening
Add: Capex
Add: Acquisitions / (Disposals)/WIP addns
Less: Depreciation
Net Fixed Assets - Ending
Capex (as a % of sales)
Depreciation (as a % of sales)
Debt
Average Debt
Interest paid
Interest cost %
non curent investments
Interest earned
Interest rate %
Mar '12

INVESTMENT Valuation Ratios

Face Value

Dividend Per Share

Operating Profit Per Share (Rs)

19.7

Net Operating Profit Per Share (Rs)

86.9

Free Reserves Per Share (Rs)

Bonus in Equity Capital

-94.44

Profitability Ratios
Operating Profit Margin(%)

22.67

Profit Before Interest And Tax Margin(%)

18.24

Gross Profit Margin(%)

18.62

Cash Profit Margin(%)

19.73

Adjusted Cash Margin(%)

19.73

Net Profit Margin(%)

15.77

Adjusted Net Profit Margin(%)

15.77

Return On Capital Employed(%)

19.14

Return On Net Worth(%)

14.88

Adjusted Return on Net Worth(%)

14.88

Return on Assets Excluding Revaluations

94.04

Return on Assets Including Revaluations

94.04

Return on Long Term FUNDS(%)

19.17

Liquidity And Solvency Ratios

Current Ratio

3.18

Quick Ratio

1.95

Debt Equity Ratio

--

Long Term Debt Equity Ratio

--

Debt Coverage Ratios

Interest Cover

Total Debt to Owners FUND

FINANCIAL Charges Coverage Ratio
FINANCIAL Charges Coverage Ratio Post Tax

54.38
0
64.97
53.8

Management Efficiency Ratios

Inventory Turnover Ratio

3.82

Debtors Turnover Ratio

4.63

INVESTMENTS Turnover Ratio

3.82

Fixed Assets Turnover Ratio

1.62

Total Assets Turnover Ratio

0.92

Asset Turnover Ratio

0.95

Average Raw Material Holding

--

Average Finished Goods Held

--

Number of Days In Working Capital

175.71

Profit & Loss Account Ratios

Material Cost Composition

42.24

Imported Composition of Raw Materials Consumed

38.68

Selling Distribution Cost Composition

Expenses as Composition of Total Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit
Dividend Payout Ratio Cash Profit
Earning Retention Ratio
Cash Earning Retention Ratio
AdjustedCash Flow Times

Earnings Per Share

Book Value

-53.43

16.6
13.27
83.4
86.73
0.01

14
94.04

In Crores
2013

2014

160.58
8708.94

160.58
9931.06

0.55
281.2
30
47.34

0.43
311.2
30
73.99

965.26
827.09
242.62
229.63
11493.21

876.91
962.56
333.2
244.07
12924

3418.29
NA
339.99
10.35
514.36
373.71
61.57

3519.59
4.6
319.64
57.05
3328.28
535.3
61.57

2087.46
2343.37
1645.22
105.07
591.53
2.28
11493.21

258.85
2511.16
1728.1
46.04
515.56
38.26
12924

2013

2014

Mar '13

Mar '14

26.39

24.78

102.16

116.83

--

--

94.44

94.44

25.83

21.2

21.53

17.24

22.14

17.75

21.46

17.72

21.46

17.72

17.87

14.37

17.87

14.37

20.79

17.74

16.99

13.75

16.99

13.75

110.47

125.69

110.47

125.69

23.05

19.28

1.95

1.92

1.68

1.5

0.11

0.09

--

--

61.27

15.22

0.11

0.09

70.35

17.75

55.23

14.39

3.5

3.74

5.18

5.56

3.5

3.74

1.65

1.74

0.83

0.86

0.94

0.9

--

--

--

--

166.55

143.66

41.94

42.67

39.71

53.16

--

--

54.79

54.9

12.46

0.53

11.56
9.37
88.44
90.63
0.51

18.77
110.47

17.29
125.69

10.37
87.54
89.63

statement of profit and loss

for the year ended 31st March

2012

2013

7074.73
97.23
6977.5
148.3
7125.8

8294.58
92.16
8202.42
229.13
8431.55

cost of materials consumed

purchase of traded goods
changes in inventories of finished goods, WIP and traded goods
employee benefits expense
finance costs
depreciation and amortisation expense
other expenses

2300.85
555.55
11.24
728.21
26.63
282.07
1799.79
5704.34

2646.83
706.89
-290.75
969.28
33.38
303.03
2051.03
6419.69

profit before tax

1421.46

2011.86

277.5
20
1123.96

386
70
48.75
1507.11

14
14
803924752

18.77
18.77
803924752

7074.73
1,421.5
1,144.0
1,124.0

8294.58
2,011.9
1,625.9
1,507.1

32.52%
7.85%
0.16%

31.91%
8.52%
-3.51%

income
revenue from operations(gross)
less: Excise Duty
revenue from operations(net)
other income

expenditure

tax expense
current tax
MAT credit (entitlement)/utilization
deferred tax
profit of the year
PER SHARE DATA
EPS basic
EPS diluted
no. of shares
Key Figures
Gross Profit
EBITDA
Operating Profit (EBIT)
PAT
Assumption
Material Cost (as a % of Sales)
Purchase of Stock in trade
Change in Inventory of FG,WIP, Stock

NA

Other Expenses
Employee benefit Expenses
D&A
Tax

25.44%
10.3%
3.99%

24.73%
11.7%
3.65%

in crores
2014

9479.41
99.12
9380.29
280.28
9660.57

3145.34
773.4
-158.12
1284.75
127.86
323.61
2345.39
7842.23
1818.34

400
NA
30
1388.34

17.29
17.27
803924752

9479.41
1,818.3
1,418.3
1,388.3

33.18%
8.16%
-1.67%

24.74%
13.6%
3.41%

Date
1-Apr-14
3-Mar-14
3-Feb-14
1-Jan-14
2-Dec-13
1-Nov-13
1-Oct-13
2-Sep-13
1-Aug-13
1-Jul-13
3-Jun-13
2-May-13
1-Apr-13
1-Mar-13
1-Feb-13
1-Jan-13
3-Dec-12
1-Nov-12
1-Oct-12
3-Sep-12
1-Aug-12
2-Jul-12
1-Jun-12
2-May-12
2-Apr-12
1-Mar-12
1-Feb-12
2-Jan-12
1-Dec-11
1-Nov-11
3-Oct-11
2-Sep-11
1-Aug-11
1-Jul-11
1-Jun-11
2-May-11
1-Apr-11
1-Mar-11
1-Feb-11
3-Jan-11

Open Price
High Price
Low Price
Last Traded Price
Close Price
Total Traded Quantity
383.7
385.75
379.15
382.15
381.5
1470749
386
387.7
375.05
376
376.6
1038366
408.5
415.75
408.5
412.85
412.5
883601
402.5
405.9
400.8
401.25
401.75
429074
392
395.85
391.25
392
391.9
975507
414.5
418.2
413.5
417.3
416.3
576321
432
435.9
430.65
432.3
431.9
488339
418
424
414.05
416.8
417.85
932389
401.85
408.4
396
403.25
403.35
677074
391.05
398.75
389.35
398.75
397.75
1111324
371.55
375.7
364
369
367.55
1399483
407.05
413.25
405.8
409.5
409.05
1002488
383.75
390
379.65
384.75
384.6
1254854
358
372
354
370.75
370.1
1666456
407
415.15
407
415
414.4
1562599
416
420.8
415.5
417
417.45
727832
416.9
416.9
409.1
413.5
413.55
1311415
365.1
376.25
365.1
375.85
375.3
1523764
382
387.2
378.2
379.75
378.9
1100715
377.25
386.55
377.25
382
384.8
2102747
360
363.6
350.1
353.7
354
6571518
316.25
319.8
313.7
313.7
315.45
1064183
310.7
311.3
306.6
308
308.55
1007264
312.25
318.9
310.35
318
318.05
1568155
305
309.95
304.05
309.25
309.15
444510
318.9
320
311.35
316.15
315.15
1201944
350.25
354.7
347.4
349
348.85
1192931
320.9
324.15
316.5
321
320.75
550952
332.25
334.05
326.05
329.95
329.9
1424873
292.35
295.75
287.3
289
289
2449813
280.05
287.25
276.15
286.05
284.35
836310
289.1
289.9
277.55
280.7
279.8
1878819
310
310.5
305.6
307.1
306.9
403072
330.7
331.5
325.25
327
326.9
357118
326.05
328.5
324.25
325.7
327.25
644602
312.5
315.85
310.05
314.4
314.9
485952
322.9
326.45
317.2
319.9
319.85
1310131
300
306.4
300
305.95
305.9
1219413
332.5
334.6
327.25
328
329
663464
370.9
376.5
367.55
373.05
372.5
1385467

Turnover (in Lakhs)

5619.99
3945.02
3641.31
1730.27
3835.69
2399.28
2114.57
3915.09
2730.12
4383.18
5170.48
4106.12
4841.9
6099.21
6460.26
3041.18
5415.92
5665.5
4206.78
8071.91
23408.78
3383.66
3113.69
4933.04
1370.36
3806.93
4181.9
1773.79
4701.58
7080.66
2349.23
5278.67
1238.69
1169.43
2103.93
1523.24
4195.87
3714.29
2189.22
5158.29

320.9
350.25
318.9
305
312.25
310.7
316.25
360
377.25
382
365.1
416.9
416
407
358
383.75
407.05
371.55
391.05
401.85
418
432
414.5
392
402.5
408.5
386
383.7