Maruti Suzuki India

Standalone Profit & Loss account ------------------- in Rs. Cr. -------------------

19-Mar 18-Mar 17-Mar 16-Mar

12 mths 12 mths 12 mths 12 mths

INCOME
Revenue From Operations [Gross] 83,026.50 80,336.50 76,140.80 63,957.70
Less: Excise/Sevice Tax/Other Levies 0 2,231.70 9,231.40 7,516.50
Revenue From Operations [Net] 83,026.50 78,104.80 66,909.40 56,441.20
Other Operating Revenues 2,993.80 1,657.90 1,125.40 1,096.90
Total Operating Revenues 86,020.30 79,762.70 68,034.80 57,538.10
Other Income 2,561.00 2,045.50 2,300.10 1,461.00
Total Revenue 88,581.30 81,808.20 70,334.90 58,999.10
EXPENSES
Cost Of Materials Consumed 45,023.90 44,941.30 42,629.60 35,483.90
Purchase Of Stock-In Trade 15,019.50 9,993.00 4,482.10 3,206.60
Changes In Inventories Of FG,WIP And Stock-In Trade 210.8 40.7 -380.1 6.9
Employee Benefit Expenses 3,254.90 2,833.80 2,331.00 1,978.80
Finance Costs 75.8 345.7 89.4 81.5
Depreciation And Amortisation Expenses 3,018.90 2,757.90 2,602.10 2,820.20
Other Expenses 11,634.00 9,991.50 8,724.10 8,037.70
Less: Inter Unit / Segment / Division Transfer 122.1 99.1 103.6 60.2
Total Expenses 78,115.70 70,804.80 60,374.60 51,555.40
19-Mar 18-Mar 17-Mar 16-Mar

12 mths 12 mths 12 mths 12 mths

Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax 10,465.60 11,003.40 9,960.30 7,443.70
Profit/Loss Before Tax 10,465.60 11,003.40 9,960.30 7,443.70
Tax Expenses-Continued Operations
Current Tax 2,932.30 3,349.50 2,335.60 2,041.40
Less: MAT Credit Entitlement 0 0 0 0
Deferred Tax 32.7 -67.9 274.5 38
Total Tax Expenses 2,965.00 3,281.60 2,610.10 2,079.40
Profit/Loss After Tax And Before ExtraOrdinary Items 7,500.60 7,721.80 7,350.20 5,364.30
Profit/Loss From Continuing Operations 7,500.60 7,721.80 7,350.20 5,364.30
Profit/Loss For The Period 7,500.60 7,721.80 7,350.20 5,364.30
19-Mar 18-Mar 17-Mar 16-Mar

12 mths 12 mths 12 mths 12 mths

OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE
Basic EPS (Rs.) 248.3 255.62 243.32 177.58
Diluted EPS (Rs.) 248.3 255.62 242.91 177.58
VALUE OF IMPORTED AND INDIGENIOUS RAW MATERIALS
Imported Raw Materials 2,948.90 2,996.50 3,322.10 2,615.80
Indigenous Raw Materials 42,075.00 41,944.80 39,307.50 32,868.10
STORES, SPARES AND LOOSE TOOLS
Imported Stores And Spares 76.1 69.6 67.2 58.5
Indigenous Stores And Spares 428.5 435.6 425.6 400
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 2,416.60 2,265.60 1,057.30 755.2
Tax On Dividend 496.8 461.2 215.2 153.8
Equity Dividend Rate (%) 1,600.00 1,600.00 1,500.00 700
-------------------
15-Mar

12 mths

53,768.50
5,163.00
48,605.50
1,365.10
49,970.60
831.6
50,802.20

32,867.80
2,665.20
-455.9
1,606.60
206
2,470.30
6,643.10
69.1
45,934.00
15-Mar

12 mths

4,868.20
4,868.20

1,302.60
70.4
-75.2
1,157.00
3,711.20
3,711.20
3,711.20
15-Mar

12 mths

123
 123

2,395.30
30,472.50

51.9
306.6

755.2
153.8
500
Maruti Suzuki India
Standalone Balance Sheet ------------------- in Rs. Cr. -------------------
Mar 19 18-Mar 17-Mar 16-Mar 15-Mar

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 151 151 151 151 151
Total Share Capital 151 151 151 151 151
Reserves and Surplus 45,990.50 41,606.30 36,280.10 29,733.20 23,553.20
Total Reserves and Surplus 45,990.50 41,606.30 36,280.10 29,733.20 23,553.20
Total Shareholders Funds 46,141.50 41,757.30 36,431.10 29,884.20 23,704.20
NON-CURRENT LIABILITIES
Long Term Borrowings 0 0 0 0 144.8
Deferred Tax Liabilities [Net] 564 558.9 466.2 194.3 481
Other Long Term Liabilities 2,036.50 1,585.30 1,105.00 807.5 105.4
Long Term Provisions 39.5 26.5 21.9 14.8 292.6
Total Non-Current Liabilities 2,640.00 2,170.70 1,593.10 1,016.60 1,023.80
CURRENT LIABILITIES
Short Term Borrowings 149.6 110.8 483.6 77.4 35.4
Trade Payables 9,633.00 10,497.00 8,367.30 7,407.30 5,561.40
Other Current Liabilities 3,743.30 4,274.30 3,926.50 3,155.60 1,865.80
Short Term Provisions 624.4 560 449 398.9 1,360.40
Total Current Liabilities 14,150.30 15,442.10 13,226.40 11,039.20 8,823.00
Total Capital And Liabilities 62,931.80 59,370.10 51,250.60 41,940.00 33,551.00
ASSETS
NON-CURRENT ASSETS
Tangible Assets 14,956.70 13,047.30 12,919.70 12,163.10 11,967.00
Intangible Assets 451.1 311.7 373 346.9 292.3
Capital Work-In-Progress 1,600.10 2,125.90 1,252.30 1,006.90 1,882.80
Fixed Assets 17,007.90 15,484.90 14,545.00 13,516.90 14,142.10
Non-Current Investments 31,469.50 34,072.90 26,302.20 18,875.40 9,817.60
Long Term Loans And Advances 0.2 0.2 0.3 0.4 1,349.30
Other Non-Current Assets 2,092.60 1,890.70 1,626.90 1,701.30 44.1
Total Non-Current Assets 50,570.20 51,448.70 42,474.40 34,094.00 25,353.10
CURRENT ASSETS
Current Investments 5,045.50 1,217.30 2,178.80 1,056.80 2,996.40
Inventories 3,325.70 3,160.80 3,262.20 3,132.10 2,615.00
Trade Receivables 2,310.40 1,461.80 1,199.20 1,322.20 1,069.80
Cash And Cash Equivalents 178.9 71.1 13.8 42.2 18.3
Short Term Loans And Advances 16 3 2.5 147.8 1,172.80
OtherCurrentAssets 1,485.10 2,007.40 2,119.70 2,144.90 325.6
Total Current Assets 12,361.60 7,921.40 8,776.20 7,846.00 8,197.90
Total Assets 62,931.80 59,370.10 51,250.60 41,940.00 33,551.00
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 11,614.90 6,696.80 6,744.90 9,368.70 9,228.60
CIF VALUE OF IMPORTS
Raw Materials 4,396.90 3,887.90 3,725.40 3,363.20 3,181.80
Stores, Spares And Loose Tools 114.2 108.2 115.5 100 75.8
Trade/Other Goods 58.5 66.1 20.1 62.9 23.1
Capital Goods 1,331.20 648.3 1,481.80 738.3 1,011.20
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency 12,802.70 9,328.40 0 3,792.60 3,300.30
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign Currency - - - 424.5 203.7
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods - - - 4,735.30 4,633.20
Other Earnings 5,218.60 5,455.90 - 57 -
BONUS DETAILS
Bonus Equity Share Capital - - - - -
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 1,077.30 1,371.00 1,027.40 583.9 560.5
Non-Current Investments Unquoted Book Value 30,609.10 33,041.90 25,606.20 18,404.60 9,791.10
CURRENT INVESTMENTS
Current Investments Quoted Market Value - - - - -
Current Investments Unquoted Book Value 5,045.50 1,217.30 2,178.80 1,056.80 2,996.40
Book Value
Book Value = ESH's Fund
No. of o/s shares
MP on 04.02.2020 MP on 31.03.2019
Book Value = 461,415,000,000 123.01 7199.6 6672.55
3,751,000,000
 Maruti Suzuki India
Standalone Profit & Loss account ------------------- in Rs. Cr. -------------------
19-Mar 18-Mar 17-Mar 16-Mar
INCOME
Revenue From Operations [Gross] 83,026.50 80,336.50 76,140.80 63,957.70
Less: Excise/Sevice Tax/Other Levies 0 2,231.70 9,231.40 7,516.50
Revenue From Operations [Net] 83,026.50 78,104.80 66,909.40 56,441.20
Other Operating Revenues 2,993.80 1,657.90 1,125.40 1,096.90
Total Operating Revenues 86,020.30 79,762.70 68,034.80 57,538.10
Other Income 2,561.00 2,045.50 2,300.10 1,461.00
Total Revenue 88,581.30 81,808.20 70,334.90 58,999.10
EXPENSES
Cost Of Materials Consumed 45,023.90 44,941.30 42,629.60 35,483.90
Purchase Of Stock-In Trade 15,019.50 9,993.00 4,482.10 3,206.60
Changes In Inventories Of FG,WIP And Stock-In Trade 210.8 40.7 -380.1 6.9
Employee Benefit Expenses 3,254.90 2,833.80 2,331.00 1,978.80
Finance Costs 75.8 345.7 89.4 81.5
Depreciation And Amortisation Expenses 3,018.90 2,757.90 2,602.10 2,820.20
Other Expenses 11,634.00 9,991.50 8,724.10 8,037.70
Less: Inter Unit / Segment / Division Transfer 122.1 99.1 103.6 60.2
Total Expenses 78,115.70 70,804.80 60,374.60 51,555.40
Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax 10,465.60 11,003.40 9,960.30 7,443.70
Profit/Loss Before Tax 10,465.60 11,003.40 9,960.30 7,443.70
Tax Expenses-Continued Operations
Current Tax 2,932.30 3,349.50 2,335.60 2,041.40
Less: MAT Credit Entitlement 0 0 0 0
Deferred Tax 32.7 -67.9 274.5 38
Total Tax Expenses 2,965.00 3,281.60 2,610.10 2,079.40
Profit/Loss After Tax And Before ExtraOrdinary Items 7,500.60 7,721.80 7,350.20 5,364.30
Profit/Loss From Continuing Operations 7,500.60 7,721.80 7,350.20 5,364.30
Profit/Loss For The Period 7,500.60 7,721.80 7,350.20 5,364.30
 COMMON SIZE
------------------- ------------------- in Rs. Cr. -------------------
15-Mar 19-Mar 18-Mar 17-Mar 16-Mar 15-Mar

53,768.50 PERFORMANCE
5,163.00
Net Revenue has been
48,605.50 1 1 1 1 1 increasing from 5 yrs thus
1,365.10 0.04 0.02 0.02 0.02 0.03 sales has been increased.
49,970.60 1.04 1.02 1.02 1.02 1.03
831.6 0.03 0.03 0.03 0.03 0.02
50,802.20 1.07 1.05 1.05 1.05 1.05
EFFICIENCY
32,867.80 0.54 0.58 0.64 0.63 0.68
Efficiency is decreasing from
2,665.20 0.18 0.13 0.07 0.06 0.05 Mar-16 to Mar-19 thus cost of
-455.9 0.00 0.00 -0.01 0.00 -0.01 sales is increasing.
1,606.60 0.04 0.04 0.03 0.04 0.03
206 0.00 0.00 0.00 0.00 0.00
2,470.30 0.04 0.04 0.04 0.05 0.05
6,643.10 0.14 0.13 0.13 0.14 0.14
69.1 0.00 0.00 0.00 0.00 0.00
45,934.00 0.94 0.91 0.90 0.91 0.95
4,868.20 0.13 0.14 0.15 0.13 0.10
4,868.20 0.13 0.14 0.15 0.13 0.10

1,302.60 0.04 0.04 0.03 0.04 0.03

70.4 0.00 0.00 0.00 0.00 0.00
-75.2 0.00 0.00 0.00 0.00 0.00
1,157.00 0.04 0.04 0.04 0.04 0.03
3,711.20 0.09 0.10 0.11 0.10 0.07 PROFITABILITY
3,711.20 0.09 0.10 0.11 0.10 0.07
Profitability has increased from
3,711.20 0.09 0.10 0.11 0.10 0.07 7% to 11% and again decrease
to 9%.
Maruti Suzuki India Com
Standalone Balance Sheet ------------------- in Rs. Cr. ------------------- ------------------- in
Mar 19 18-Mar 17-Mar 16-Mar 15-Mar Mar 19

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 151 151 151 151 151 0.00
Total Share Capital 151 151 151 151 151 0.00
Reserves and Surplus 45,990.50 41,606.30 36,280.10 29,733.20 23,553.20 0.73
Total Reserves and Surplus 45,990.50 41,606.30 36,280.10 29,733.20 23,553.20 0.73
Total Shareholders Funds 46,141.50 41,757.30 36,431.10 29,884.20 23,704.20 0.73
NON-CURRENT LIABILITIES
Long Term Borrowings 0 0 0 0 144.8 0.00
Deferred Tax Liabilities [Net] 564 558.9 466.2 194.3 481 0.01
Other Long Term Liabilities 2,036.50 1,585.30 1,105.00 807.5 105.4 0.03
Long Term Provisions 39.5 26.5 21.9 14.8 292.6 0.00
Total Non-Current Liabilities 2,640.00 2,170.70 1,593.10 1,016.60 1,023.80 0.04
CURRENT LIABILITIES
Short Term Borrowings 149.6 110.8 483.6 77.4 35.4 0.00
Trade Payables 9,633.00 10,497.00 8,367.30 7,407.30 5,561.40 0.15
Other Current Liabilities 3,743.30 4,274.30 3,926.50 3,155.60 1,865.80 0.06
Short Term Provisions 624.4 560 449 398.9 1,360.40 0.01
Total Current Liabilities 14,150.30 15,442.10 13,226.40 11,039.20 8,823.00 0.22
Total Capital And Liabilities 62,931.80 59,370.10 51,250.60 41,940.00 33,551.00 1.00
ASSETS
NON-CURRENT ASSETS
Tangible Assets 14,956.70 13,047.30 12,919.70 12,163.10 11,967.00 0.24
Intangible Assets 451.1 311.7 373 346.9 292.3 0.01
Capital Work-In-Progress 1,600.10 2,125.90 1,252.30 1,006.90 1,882.80 0.03
Fixed Assets 17,007.90 15,484.90 14,545.00 13,516.90 14,142.10 0.27
Non-Current Investments 31,469.50 34,072.90 26,302.20 18,875.40 9,817.60 0.50
Long Term Loans And Advances 0.2 0.2 0.3 0.4 1,349.30 0.00
Other Non-Current Assets 2,092.60 1,890.70 1,626.90 1,701.30 44.1 0.03
Total Non-Current Assets 50,570.20 51,448.70 42,474.40 34,094.00 25,353.10 0.80
CURRENT ASSETS
Current Investments 5,045.50 1,217.30 2,178.80 1,056.80 2,996.40 0.08
Inventories 3,325.70 3,160.80 3,262.20 3,132.10 2,615.00 0.05
Trade Receivables 2,310.40 1,461.80 1,199.20 1,322.20 1,069.80 0.04
Cash And Cash Equivalents 178.9 71.1 13.8 42.2 18.3 0.00
Short Term Loans And Advances 16 3 2.5 147.8 1,172.80 0.00
OtherCurrentAssets 1,485.10 2,007.40 2,119.70 2,144.90 325.6 0.02
Total Current Assets 12,361.60 7,921.40 8,776.20 7,846.00 8,197.90 0.20
Total Assets 62,931.80 59,370.10 51,250.60 41,940.00 33,551.00 1.00

WC -1788.7 -7520.7
Inventory 0.27 0.40
 Common Size
------------------- in Rs. Cr. -------------------
18-Mar 17-Mar 16-Mar 15-Mar

0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 NET WORTH
0.70 0.71 0.71 0.70
Net worth is increasing to 10% from
0.70 0.71 0.71 0.70 Mar-2018 to Mar-2019.
0.70 0.71 0.71 0.71
CAPITAL STRUCTURE
0.00 0.00 0.00 0.00
No change in Capital Structure since
0.01 0.01 0.00 0.01
there is no debt from Mar-2016 to
0.03 0.02 0.02 0.00 Mar-19.
0.00 0.00 0.00 0.01
0.04 0.03 0.02 0.03 WORKING CAPITAL
Year 2019 2018
0.00 0.01 0.00 0.00 CA 12,361.60 7,921.40
0.18 0.16 0.18 0.17 CL 14,150.30 15,442.10
0.07 0.08 0.08 0.06 Working Capital -1788.7 -7520.7 76.21631
0.01 0.01 0.01 0.04 Inventories 3325.7 3160.8
0.26 0.26 0.26 0.26
1.00 1.00 1.00 1.00 The Working Capital is -ve in both the
year & the proportion of inventory in
both year is higher in Current Asset,
which means the quality of WC is a
0.22 0.25 0.29 0.36 cause of concern.
0.01 0.01 0.01 0.01
0.04 0.02 0.02 0.06
0.26 0.28 0.32 0.42
0.57 0.51 0.45 0.29
0.00 0.00 0.00 0.04
0.03 0.03 0.04 0.00
0.87 0.83 0.81 0.76

0.02 0.04 0.03 0.09

0.05 0.06 0.07 0.08
0.02 0.02 0.03 0.03
0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.03
0.03 0.04 0.05 0.01
0.13 0.17 0.19 0.24
1.00 1.00 1.00 1.00
Year 2019 2018
CA 9,035.90 4,760.60
CL 14,150.30 15,442.10
Working Capital -5114.4 -10681.5 52.11908
Inventories 3325.7 3160.8