FINANCIAL STATEMENTS OF LAKSHMI MILLS COMPANY LIMITED

Years 2018-19 2017-18 2016-17

Statement of Profit and Loss
31.03.2019 31.03.2018 31.03.2017
I INCOMES
Revenue from Operations 24,770.32 23,936.33 22,722.73
Less: Excise Duty NA NA 0.00
Other Income 381.66 413.79 773.49
Total Income 25,151.98 24,350.12 23,496.22

II EXPENSES
Cost of materials consumed 13,318.59 11,003.64 10,956.60
Purchase of Stock-in-Trade 1,440.45 1,726.65 1,780.44
Changes in stock of finished goods, work-in-progress
and stock-in-trade -631.02 904.43 165.82
Employee benefit expense 3,574.35 3,422.78 3,391.38
Finance costs 1,002.96 865.05 829.20
Depreciation and amortisation expense 1,139.88 907.55 694.33
Power and Fuel charges 2,897.33 2,717.92 2,821.95
Other expenses 2,795.77 2,306.30 2,395.89
Total Expenses 25,538.31 23,854.32 23,035.61
Profit before exceptional items and tax -386.33 495.80 460.61

III Exceptional Item 28.57 222.80 17.65

Profit before tax after exceptional items -414.90 273.00 442.96

IV Tax Expense
Current Tax 0.00 27.48 63.11
Less: MAT credit 0.00 -27.40 -61.24
Tax relating to earlier years 0.00 3.23 3.92
Deferred tax 378.22 127.40 330.60
Total Tax 378.22 130.71 336.39
Profit for the year -793.12 142.29 106.57

V Other Comprehensive Income

(i) Items that will not be reclassified to the
statement of profit or loss
(a) Remeasurement of employee defined benefit
plans -98.33 -146.79 9.35
(b) Fairvalue of quoted investments -4,306.82 13,939.15 4,723.00
© Income tax on (a&b) above 498.64 -487.01 -3.24
Total Other Comprehensive Income -3,906.51 13,305.35 4,729.11
Total Comprehensive Income for the year -4,699.63 13,447.64 4,835.68

VI Earnings per equity share of Rs 100/-

Basic (in Rs.) -114.03 20.46 19.09
Diluted (in Rs.) -114.03 20.46 16.55

Balance Sheet
ASSETS
Non-Current Assets
Property, plant and equipment 15,204.15 15,974.26 15,267.90
Capital work-in-progress 72.05 0.00 7.76
Intangible assets 5.15 7.07 10.63
Investment Property 74.91 78.55
Financial assets
Investments 31,945.29 36,252.11 22,312.96
Other Financial Assets 230.07 266.87 240.59
Deferred Tax Assets (net) 1,832.06 1,711.63 2,298.64
Other Non-Current Assets 138.99 136.66 98.09
Total Non-Current Assets 49,502.67 54,427.15 40,236.57
Current Assets
Inventories 3,268.69 3,153.11 3,660.66

Financial Assets
Trade Receivables 3,273.81 3,373.52 1,986.69
Cash and Cash Equivalents 191.68 136.43 33.70
Bank Balances other than above 95.01 265.57 210.77
Other Financial Assets 22.77 23.60 22.43
Current Tax Assets (net) 27.10 0.00 0.00
Other Current Assets 210.72 203.98 252.33
Total Current Assets 7,089.78 7,156.21 6,166.58
Total Assets 56,592.45 61,583.36 46,403.15

EQUITY AND LIABILITIES

Equity
Equity Share Capital 695.55 695.55 695.55
Other Equity 43,662.13 48,437.11 35,064.81
Total Equity 44,357.68 49,132.66 35,760.36

LIABILITIES
Non-Current Liabilities
Financial Liabilities
Borrowimgs 1,699.87 2,467.92 1,490.69
Other Financial Liabilities 14.96 79.34 69.84
Provisions 370.95 295.39 345.87
Other Non-Current Liabilities 161.71 243.94 229.93
Total Non-Current Liabilities 2,247.49 3,086.59 2,136.33
Current Liabilities
Financial Liabilities
Borrowings 4,444.86 4,346.24 4,316.81
Trade Payables 2,917.37
 Total O/s dues of micro enterprises and small ente 12.31 56.37
Total O/s dues of creditors other than micro enter 3,490.25 2,861.00
Other Financial Liabilities 1,460.92 1,603.96 1,175.36
Provisions 107.04 68.96 87.98
Other Liabilities 471.90 424.23 489.91
Current tax Liabilities (net) 0.00 3.35 40.78
Total Current Liabilities 9,987.28 9,364.11 9,028.21
Total Liabilities 12,234.77 12,450.70 11,164.54
Total Equity and Liabilities 56,592.45 61,583.36 46,924.90

CASH FLOW STATEMENT

Cash Flow from Operating Activities
Profit before tax -414.90 273.00 442.96
Adjustments for:
Depreciation and Amortisation expense 1,139.88 907.55 694.33
Provision for doubtful debts 0.00 0.00 25.00
Net loss/(gain) on disposal of property, plant and eq -11.95 -17.18 -7.74
Interest Income -14.67 -27.77 -14.77
Dividend Income -208.00 -182.00 -208.00
Net Unrealised loss/(gain) -45.78 -94.35 -260.80
Interest expense 1,002.96 865.05 829.20
Operating Profit before WC changes 1,447.54 1,724.30 1,500.18
Adjustmenst for increase/(decrease) in Opearting Assets
Inventories -115.58 507.55 -26.21
Trade Receivables 145.49 -1,292.48 -186.88
Other Current Financial Assets -3.97 0.22 -15.31
Other Current Assets -6.74 48.35 80.60
Other Non-Current Financial Assets 36.80 -26.28 -33.45
Other Non-Current Assets -3.03 -33.39 0.09
Adjustmenst for increase/(decrease) in Opearting Liabilities
Other Non-Current Financial Liabilities -64.38 9.50 8.36
Other Non-Current Liabilities -82.23 14.01 9.50
Trade Payables 585.19 521.75 198.32
Provisions 15.31 -216.29 20.49
Other Financial Liabilities 76.47 137.60 47.63
Other Current Liabilities 47.67 -65.68 78.38
Cash used in/generated from Operations 2,078.54 1,329.16 1,681.70
Net income tax (paid)/refunds -29.75 -73.32 -32.01
Net Cash Flow from Operating Activities (A) 2,048.79 1,255.84 1,649.69

Cash Flow from Investing Activities

Capital Expenditure on Property, Plant and Equipmen -439.31 -1,682.30 -1,018.69
Proceeds from sale of Property, Plant and Equipment 15.00 18.34 18.16
Bank Balances not considered as Cash and Cash Equiv 170.56 -54.80 -132.69
Dividend Income 208.00 182.00 208.00
Interest Received 19.47 26.38 14.77
Net Cash Used in Investing Activities (B) -26.28 -1,510.38 -910.45
Cash Flow from Financing Activities
Proceeds from Long Term Borrowings 0.00 1,817.60 -577.09
Repayment of Long Term Borrowings -978.45 -559.70 594.78
Proceeds fro Short Term Borrowings (net) 98.62 29.43 136.45
Finance Costs -1,013.19 -854.82 -823.87
Dividends Paid, including tax thereon -74.24 -75.24 -74.33
Transfer of Unclaimed Dividend to IEPF 0.00 0.00 -1.01
Net Cash Used in Financing Activities (C) -1,967.26 357.27 -745.07
Net Increase in Cash and Cash Equivalents (A+B+C) 55.25 102.73 -5.83
Cash and Cash Equivalents at Beginning of the Year 136.43 33.70 39.53
Cash and Cash Equivalents at End of the Year 191.68 136.43 33.70

Check 0.00 0.00 0.00

Y LIMITED

2015-16 2014-15
Common Size Statements
31.03.2016 31.03.2015 31.03.2019 31.03.2018 31.03.2017 31.03.2016

19,919.71 22,130.01 100.00% 100.00% 100.00% 100.00%

0.00 0.00 - - 0.00% 0.00%
452.79 625.23 1.54% 1.73% 3.40% 2.27%
20,372.50 22,755.24 101.54% 101.73% 103.40% 102.27%

9,344.29 10,416.47 53.77% 45.97% 48.22% 46.91%

1,225.32 1,117.41 5.82% 7.21% 7.84% 6.15%

-716.54 378.91 -2.55% 3.78% 0.73% -3.60%

3,205.68 3,084.52 14.43% 14.30% 14.93% 16.09%
1,030.60 1,008.31 4.05% 3.61% 3.65% 5.17%
693.41 713.92 4.60% 3.79% 3.06% 3.48%
3,160.51 3,158.81 11.70% 11.35% 12.42% 15.87%
2,244.95 2,309.18 11.29% 9.64% 10.54% 11.27%
20,188.22 22,187.53 103.10% 99.66% 101.38% 101.35%
184.28 567.71 -1.56% 2.07% 2.03% 0.93%

37.15 284.81 0.12% 0.93% 0.08% 0.19%

147.13 282.90 -1.67% 1.14% 1.95% 0.74%

1.28 45.26 0.00% 0.11% 0.28% 0.01%

-1.28 -44.14 0.00% -0.11% -0.27% -0.01%
0.87 -17.91 0.00% 0.01% 0.02% 0.00%
41.45 -129.39 1.53% 0.53% 1.45% 0.21%
42.32 -146.18 1.53% 0.55% 1.48% 0.21%
104.81 429.08 -3.20% 0.59% 0.47% 0.53%

0.00 0.00 -0.40% -0.61% 0.04% 0.00%

0.00 0.00 -17.39% 58.23% 20.79% 0.00%
0.00 0.00 2.01% -2.03% -0.01% 0.00%
0.00 0.00 -15.77% 55.59% 20.81% 0.00%
104.81 429.08 -18.97% 56.18% 21.28% 0.53%

20.41
 15.07

14,964.51 0.2686603955 0.2593924723 0.329027232 0.3641481987

0.00 0.001273138 0 0.00016723 0
7.84 9.100154E-05 0.0001148037 0.0002290793 0.0001907795
0.0013236748 0.0012755069 0 0
0 0 0 0
17,589.96 0.5644797142 0.5886672958 0.4808501147 0.428036217
207.14 0.0040653833 0.0043334758 0.0051847773 0.0050405698
2,571.24 0.0323728695 0.0277937092 0.0495362923 0.0625688656
70.55 0.0024559813 0.0022191059 0.0021138651 0.0017167722
35,411.24 0.00 0.8747221582 0.8837963697 0.8671085907 0.8617014028
0 0 0 0
3,634.45 0.0577584112 0.0512006815 0.0788881789 0.0884411465

0 0 0 0
1,564.01 0.0578488827 0.0547797327 0.0428136883 0.0380588088
39.53 0.0033870242 0.0022153712 0.0007262438 0.0009619278
78.08 0.0016788459 0.0043123662 0.0045421485 0.0019000082
12.45 0.0004023505 0.0003832204 #REF! 0.0005458143
21.87 0.0004788625 0 0 0.0005321872
332.93 0.0037234649 0.0033122584 0.0054377774 0.0081015589
5,683.32 0.00 0.1252778418 0.1162036303 0.1328914093 0.1382985972
41,094.56 0.00 1 1 1 1

695.55 695.55 0.0122905087 0.0112944471 0.0149892841 0.0169255979

30,304.47 0.771518639 0.7865291858 0.7556558122 0.7374326432
31,000.02 695.55 0.7838091477 0.7978236329 0.7706450963 0.7543582411

1,483.00 0.0300370456 0.0400744617 0.0321247588 0.0360875016

61.48 0.0002643462 0.001288335 0.0015050702 0.0014960618
357.32 0.0065547613 0.0047965879 0.0074535888 0.0086950682
220.43 0.0028574483 0.003961135 0.0049550515 0.0053639703
2,122.23 0.00 0.0397136014 0.0501205196 0.0460384694 0.0516426018

4,180.36 0.0785415722 0.0705749085 0.0930283828 0.1017253865

2,395.62 0 0 0.0628700853 0.0582953072
 0.0002175202 0.0009153447 0 0
0.0616734211 0.0464573547 0 0
1,117.73 0.0258147509 0.0260453473 0.0253293149 0.0271989772
65.39 0.0018914184 0.001119783 0.001895992 0.0015912082
411.53 0.0083385681 0.0068887115 0.0105576884 0.0100142209
0.00 0 5.439781E-05 0.0008788196 0
8,170.63 0.00 0.1764772509 0.1520558476 0.1945602831 0.1988251
10,292.86 0.00 0.2161908523 0.2021763671 0.2405987525 0.2504677018
41,292.88 695.55 1 1 1.0112438487 1.0048259429

147.13 282.90

693.41

-195.00

645.54 282.90

645.54 282.90

645.54 282.90

0.00 0.00
 0.00 0.00
645.54 282.90
0.00
645.54 282.90

606.01 282.90
ts Comparative statements CAGR
31.03.2015 31.03.2019 31.03.2018 31.03.2017 31.03.2016

100.00% 3.48% 5.34% 14.07% -9.99% -2.23%

0.00% #VALUE! #VALUE! #DIV/0! #DIV/0! #VALUE!
2.83% -7.76% -46.50% 70.83% -27.58% 10.16%
102.83% 3.29% 3.63% 15.33% -10.47% -1.99%

47.07% 21.04% 0.43% 17.25% -10.29% -4.80%

5.05% -16.58% -3.02% 45.30% 9.66% -5.03%

1.71% -169.77% 445.43% -123.14% -289.11% Err:523

13.94% 4.43% 0.93% 5.79% 3.93% -2.93%
4.56% 15.94% 4.32% -19.54% 2.21% 0.01%
3.23% 25.60% 30.71% 0.13% -2.87% -9.04%
14.27% 6.60% -3.69% -10.71% 0.05% 1.71%
10.43% 21.22% -3.74% 6.72% -2.78% -3.79%
100.26% 7.06% 3.55% 14.10% -9.01% -2.78%
2.57% -177.92% 7.64% 149.95% -67.54% Err:523

1.29% -87.18% 1162.32% -52.49% -86.96% 56.70%

1.28% -251.98% -38.37% 201.07% -47.99% Err:523

0.20% -100.00% -56.46% 4830.47% -97.17% 124.89%

-0.20% -100.00% -55.26% 4684.38% -97.10% Err:523
-0.08% -100.00% -17.60% 350.57% -104.86% Err:523
-0.58% 196.88% -61.46% 697.59% -132.03% Err:523
-0.66% 189.36% -61.14% 694.87% -128.95% Err:523
1.94% -657.40% 33.52% 1.68% -75.57% Err:523

0.00% -33.01% -1669.95% #DIV/0! #DIV/0! -55.17%

0.00% -130.90% 195.13% #DIV/0! #DIV/0! -80.41%
0.00% -202.39% 14931.17% #DIV/0! #DIV/0! Err:523
0.00% -129.36% 181.35% #DIV/0! #DIV/0! -80.00%
1.94% -134.95% 178.09% 4513.76% -75.57% Err:523

-657.33% 7.18% -6.47% #DIV/0! -56.69%

 -657.33% 23.63% 9.82% #DIV/0! -56.69%

#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!

#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!

#DIV/0!
#DIV/0!
#DIV/0!

#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
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#DIV/0!
#DIV/0!
#DIV/0!
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 Ratios

Profitability Ratios Formuala 31.03.2019 31.03.2018

Operating Profit*100 2.49% 5.69%

Operating Profir Margin
Sales

Net Profit*100 -320.19% 59.45%

Net Profit Margin
Sales

Net Profit*100 -114.03% 20.46%

Return on Net Worth
Shareholder's Equity

Net Profit*100 -2.48% 0.39%

ROI
Total Investment

Net Profit -1.40% 0.23%

Return on Assets
Total Assets

Asset Turnover Ratios

Net Sales 0.1048028357 0.1108301861

Total Asset Turnover
Total Assets

Net Sales 0.2013292926 0.2525313982

Current Asset Turnover
Total Assets

Net Sales 0.1191684927 0.1264282135

Fixed Asset Turnover
Total Assets

Equity Multiplier

Debt 0.1385268571 0.1386890105

Debt - Equity Ratio
Equity

Net Sales
Equity to Total Assets
Total Assets

Valuation Ratios
 Shareholders Equity
Book Value per Share
Shares outstanding

Market Price per Share

Price per share

PE Ratio
EPS

Dividends Paid
Dividend per Share
Shares outstanding

Dividends Paid
Dividend Yield
Price per share

Market value of Equity+Market value of Debt-Cash

EV per Share
Shares outstanding

Liquidity Ratios

Current assets
Current Ratio
Current Liabilities

Liquid Assets
Liquidity Ratio
Current Liabilities

Cash
Cash Ratio
Current Liabilities

Du Pont Analysis

Capital Structure

Net Profit*100
Profit Margin
Sales

Net Sales
Assets Turnover
Total Assets

Total Assets
Financial Leverage
Total Equity
 31.03.2017 31.03.2016 31.03.2015

5.68% 6.10% 7.12%

46.90% 52.62% 193.89%

15.32% 15.07% 61.69%

0.48% 0.60% #DIV/0!

0.23% 0.26% #DIV/0!

0.1298475697 0.2423643178 #DIV/0!

0.273255428 1.7524712668 #DIV/0!

0.1501876261 0.2812625313 #DIV/0!

0.1624004904 0.1826889144 0
1 Excise duty
2 Figures of 2015
3 Figures of investments
4 Total Assets (Average or one year)