ASSETS

Non-current assets
Property, plant and equipment
Capital work-in-progress
Goodwill
Other intangible assets
Investments in subsidiaries, associates
Financial assets
Investments
Loans
Other financial assets
Non-current tax assets (net)
Deferred tax assets (net)
Other non-current assets
Current assets
Inventories
Financial assets
Investments
Trade receivables
Cash and cash equivalents
Bank balances other than cash and
Other financial assets
Other current assets
Assets held for sale
TOTAL ASSETS

EQUITY AND LIABILITIES

Equity
Equity share capital
Other equity
Liabilities
Non-current liabilities
Financial liabilities
Other financial liabilities

Provisions
Non-current tax liabilities (net)
Other non-current liabilities
Current liabilities
Financial liabilities
Trade payables
Dues to micro and small enterprises
Dues to Others
Other financial liabilities
Other current liabilities
Provisions
TOTAL EQUITY AND LIABILITIES
Purchases of stock-in-trade
raw material purchased
Raw materials [includes in transit: ` 49 crores (31st March, 2017: ` 79 crores)]
Packing materials
Work-in-progress
Finished goods [includes in transit: ` 21 crores (31st March, 2017: ` 18 crores)] (Refer
Stores and spares

raw material purchased during the year

Total purchases
Number of shares
 2018 2017 2016 2015
3,776 3,654 2,902 2,435
430 203 386 479
0 0- -
366 370 12 22
254 254 313 298

2 6 6 6
404 352 162 180
6 6 132 108
439 311 246 252
255 160 168 155
78 70 41 44

2,359 2,362 2,528 2,603

2,855 3,519 2,461 2,724

1,147 928 1,064 783
573 572 635 720
2,800 1,099 2,124 1,818
829 306 253 323
560 507 465 380
16 72 22 9
17,149 14,751 13,920 13,339

216 216 216 216

6,859 6,274 6,063 5,928

115 71 19 18

772 485 594 482

384 296 193 135
167 207 183 133

- 0- -
7,013 6,006 5,498 5,252
203 181 237 208
769 628 627 738
651 387 290 229
17,149 14,751 13,920 13,339
 3812 4166 3972

763 789 904 896

65 90 125 132
249 205 376 318
1,221 1,214 1,251 1,400
61 64 70 70
2,359 2,362 2,726 2,816
12,437 11,207 11,268
16,249 15,373 15,240
2,164,528,777.00 2,164,349,639 2,163,936,971
24.19464253
INCOME 2018 2017
Revenue from operations 35,218 34,487
Other income 569 526
TOTAL INCOME 35,787 35,013
EXPENSES
Cost of materials consumed 12,491 11,363
Purchases of stock-in-trade 3,812 4,166
Changes in inventories of finished goods (including -71 156
work-in-progress
Excise duty 693 2,597
Employee benefits expenses 1,745 1,620
Finance costs 20 22
Depreciation and amortisation expenses 478 396
Other expenses 9,272 8,538
TOTAL EXPENSES 28,440 28,858
Profit before exceptional items and tax 7,347 6,155
Exceptional items -62 241
Profit before tax 7,285 6,396
Tax expenses
Current tax -2,148 -1,865
Deferred tax credit/(charge) 100 -41
PROFIT FOR THE YEAR (A) 5,237 4,490
ROE 78.13%

Opening inventories 1,214 1,206

Finished goods 205 355
Work-in-progress
Closing inventories -1,221 -1,214
Finished goods -249 -205
Work-in-progress -20 14
Excise duty on increase/(decrease) of finished goods -71 156

Salaries and wages, bonus etc. 1,425 1,330

Contribution to provident funds and other funds 88 81
Defined benefit plan expense (Refer Note 40) 65 18
Share based payments to employees (Refer note 41) 79 94
Workmen and staff welfare expenses 88 97
1,745 1,620

Advertising and promotion 4,105 3,470

Carriage and freight 1,492 1,457
Royalty
Brand 487 511
Service 158 169
Technology
Fees for central services from Parent Company 348 364
Processing charges 405 290
Power, fuel, light and water 259 257
Rent 260 241
Travelling and motor car expenses 157 176
Repairs 109 117
Rates & taxes (excluding income tax) 94 116
Corporate social responsibility expense [Refer note (c) below] 116 104
Miscellaneous expenses [Refer note (a) below] 1,282 1,266
9,272 8,538

Auditor's remuneration and expenses

Statutory audit fees 1 2
Tax audit fees 1 1
Others
Fees for other audit related services 1 1
Fees for certification 1 0

Reimbursement of out-of-pocket expenses 0 0

4 4
 2016 Liquidity analysis
33,491 Working capital
564 Current ratio
34,055 Quick ratio
Cash to CL
11,267
3,951
87

2,430
1,573
15
321
8,434
28,078
5,977
-31
5,946

-1,816
7
4,137

1,361
295

-1,206
-355
-8
87

1,245
77
19
127
105
1,573

3,600
1,474

489
 131
267

332
271
233
177
119
125
92
1,124
8,434

2
1

1
0

0
4
Profitability analysis 2018
EBITDA Margin
Operating profit margin 20.86%
Net profit margin 0.146942
Expense ratio 0.807542
Cash profit margin 0.160515

ROE 73.14%
Dupont
NPM 14.7%
ATR 2.053647
Leverage 2.423887
73.14%

ROTA 32.57%
ROCE 86.3%

Net worth 7,075

D/E ratio 0.203251
Equity/TA 0.41256
Interest covergae ratio 368.35

Operating risk 9.088818

Financial risk 1.002722

cash operating expenditure 28,420

Daily COE 77.86301
QA 8,764
Defensive interval ratio 112.5567