INR Crore

FinShiksha
ASSETS 2017 2016 2015
Non-current assets
Property, plant and equipment 2,497 2,752 2,267
Capital work-in-progress 1,942 1,779 2,016
Investment property 19,174 19,306 19,176
Goodwill (on consolidation) 1,011 1,018 1,206
Other intangible assets 169 174 179

Investment in joint ventures/ associates 1,049 1,820 1,639

Financial assets:
Investments 109 109 95
Trade receivables 78 70 89
Loans 447 368 335
Others 283 425 266
Deferred tax assets (net) 4,391 4,180 4,154
Advance tax assets (net) 1,426 1,923 1,636
Other non-current assets 1,798 1,597 1,184
Total non-current assets 34,374 35,520 34,243

Current assets
Inventories 19,949 16,834 17,364
Financial assets: - - -
Investments 52 74 97
Trade receivables 3,642 3,417 2,840
Cash and cash equivalents 3,413 2,652 2,441
Bank balances other than above 687 730 314
Loans 552 1,074 573
Others 367 188 377
Other current assets 1,296 1,243 1,258
Total current assets 29,957 26,211 25,264

Total assets 64,331 61,730 59,507

Liabilities
Equity
Equity Share Capital 357 357 356
Other Equity 24,216 23,712 23,914
Equity attributed to the owners of the company 24,573 24,069 24,271
Non-controlling interest 124 126 118
Total equity 24,697 24,195 24,389
Non Current Liabilities
Financial Liabilities
 Borrowings 23,255 20,329 16,580
Trade payables 821 796 798
Other financIal liabilities 1,047 1,112 1,067
Long Term Provisions 67 61 61
Deferred tax liabilities(net) 32 1 1
Other Non-Current Liabilities 530 367 355
Total Non-Current Liabilities 25,753 22,666 18,863

Current Liabilities
Financial Liabilities
Borrowings 3,408 2,694 3,190
Trade Payables 1,719 1,514 1,624
Other current financial Liabilities 3,689 4,104 4,929
Short Term provisions 21 17 20
current tax liability 37 484 288
Other current liabilities 5,007 6,056 6,205
Total Current Liabilities 13,881 14,869 16,255

Total equity and Liabilities 64,331 61,730 59,507

 FinShiksha
Income 2017 2016 2015
Revenue from operations 8,221 9,926 8,298
Other income 719 671 1,492
Total Income 8,941 10,597 9,790
Expenses

Cost of land, plots, development rights, constructed

properties and others 3,466 4,558 3,880
Employee benefits expense 328 315 576
Finance costs 2,980 2,680 2,463
Depreciation and amortisation expense 572 766 663
Other expenses 994 1,055 1,357
Total Expenses 8,340 9,374 8,939

Profit before exchange Share joint ventures and

associates / exceptional items and tax 600 1,223 851
Share of loss of joint ventures and associates (net) (92) (157) 7
Profit before exceptional items and tax 508 1,066 858
Exceptional items 429 (197) (330)
Profit before tax 937 869 528
Tax expense
Current tax 487 653 366
Deferred tax 26 209 (450)
Minimum alternate tax credit entitlement (283) (299) -
Profit for the year 708 305 611

EBITDA
EBIT

Ratios
EBITDA Margin
EBIT Margin
Net Profit Margin

Return on Equity
Return on Capital Employed

Debt / Equity
Interest Coverage

Receivable Turnover Ratio

Inventory Turnover Ratio
Payables Turnover Ratio
Fixed Asset Turnover Ratio
Asset Turnover Ratio

Costs as % of sales
Employee Benefit Expenses

Cost of Debt