This data

can be
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pasted into
a Microsoft
Excel
sheet
201003
200603
TM03
balance
Tata
Motor
s « Previous Years  

------------
------- in
Rs. Cr.
Balance ------------
Sheet -------
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total
Share
Capital 382.87 385.41 385.54 514.05 570.6
Equity
Share
Capital 382.87 385.41 385.54 514.05 570.6
Share
Applicati
on
Money 0 0 0 0 0

Preferen
ce Share
Capital 0 0 0 0 0
Reserve
s 5,127.81 6,458.39 7,428.45 ### ###
Revaluati
on
Reserve
s 26.39 25.95 25.51 25.07 0

Networth 5,537.07 6,869.75 7,839.50 ### ###

Secured
Loans 822.76 2,022.04 2,461.99 5,251.65 7,742.60

Unsecur
ed Loans 2,114.08 1,987.10 3,818.53 7,913.91 8,883.31
Total
Debt 2,936.84 4,009.14 6,280.52 ### ###

Total
Liabilities 8,473.91 ### ### ### ###
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Application Of
Funds
Gross
Block 7,971.55 8,775.80 ### ### ###
Less:
Accum.
Deprecia
tion 4,401.51 4,894.54 5,443.52 6,259.90 7,212.92
Net
Block 3,570.04 3,881.26 5,387.31 7,645.27 ###

Capital
Work in
Progress 951.19 2,513.32 5,064.96 6,954.04 5,232.15
Investme
nts 2,015.15 2,477.00 4,910.27 ### ###
Inventori
es 2,012.24 2,500.95 2,421.83 2,229.81 2,935.59
Sundry
Debtors 715.78 782.18 1,130.73 1,555.20 2,391.92
Cash
and
Bank
Balance 327.66 535.78 750.14 638.17 1,753.26
Total
Current
Assets 3,055.68 3,818.91 4,302.70 4,423.18 7,080.77
Loans
and
Advance
s 5,964.61 6,208.53 4,831.36 5,909.75 4,618.90

Fixed
Deposits 791.77 290.98 1,647.17 503.65 0

Total CA,
Loans &
Advance
s 9,812.06 ### ### ### ###
Deffered
Credit 0 0 0 0 0

Current
Liabilities 6,673.61 6,956.88 ### ### ###
Provision
s 1,215.04 1,364.32 1,989.43 1,877.26 2,763.43
Total CL
&
Provision
s 7,888.65 8,321.20 ### ### ###
Net
Current
Assets 1,923.41 1,997.22 ### ### ###
Miscellan
eous
Expense
s 14.12 10.09 6.05 2.02 0
Total
Assets 8,473.91 ### ### ### ###

Continge
nt
Liabilities 2,185.63 5,196.07 5,590.83 5,433.07 3,447.50
Book
Value
(Rs) 143.94 177.59 202.7 240.64 262.3

Source : Asian CERC

This data
can be
easily copy
pasted into
a Microsoft
Excel
sheet
201003
200603
TM03
profit
Tata
Motor
s « Previous Years  

------------
------- in
Profit & Rs. Cr.
Loss ------------
account -------
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Income

Sales
Turnover ### ### ### ### ###
Excise
Duty 3,401.92 4,425.44 4,355.63 2,877.53 2,800.10
Net
Sales ### ### ### ### ###
Other
Income 852.41 1,114.38 734.17 921.29 933
Stock
Adjustme
nts 256.91 349.68 -40.48 -238.04 606.63
Total
Income ### ### ### ### ###
Expenditure

Raw
Materials ### ### ### ### ###
Power &
Fuel
Cost 258.51 327.41 325.19 304.94 362.62
Employe
e Cost 1,143.13 1,367.83 1,544.57 1,551.39 1,836.13
Other
Manufact
uring
Expense
s 671.31 872.95 904.95 866.65 76.7

Selling
and
Admin
Expense
s 1,061.07 1,505.23 2,197.49 1,652.31 81.72
Miscellan
eous
Expense
s 740.99 1,051.49 964.78 1,438.89 5,009.60

Preopera
tive Exp
Capitalis
ed -308.85 -577.05 ### -916.02 -740.54
Total
Expense
s ### ### ### ### ###
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Operatin
g Profit 2,146.36 2,586.51 3,030.52 1,723.10 4,178.28
PBDIT 2,998.77 3,700.89 3,764.69 2,644.39 5,111.28
Interest 350.24 455.75 471.56 704.92 1,103.84
PBDT 2,648.53 3,245.14 3,293.13 1,939.47 4,007.44
Deprecia
tion 520.94 586.29 652.31 874.54 1,033.87
Other
Written
Off 73.78 85.02 64.35 51.17 144.03
Profit
Before
Tax 2,053.81 2,573.83 2,576.47 1,013.76 2,829.54
Extra-
ordinary
items 0 -0.07 0 15.29 0
PBT
(Post
Extra-ord
Items) 2,053.81 2,573.76 2,576.47 1,029.05 2,829.54
Tax 524.93 660.37 547.55 12.5 589.46

Reported
Net Profit 1,528.88 1,913.46 2,028.92 1,001.26 2,240.08
Total
Value
Addition 3,566.16 4,547.86 4,805.58 4,898.16 6,626.23
Preferen
ce
Dividend 0 0 0 0 0
Equity
Dividend 497.94 578.07 578.43 311.61 859.05
Corporat
e
Dividend
Tax 69.84 98.25 81.25 34.09 132.89
Per share data
(annualised)
Shares
in issue
(lakhs) 3,828.34 3,853.74 3,855.04 5,140.08 5,705.58
Earning
Per
Share
(Rs) 39.94 49.65 52.63 19.48 39.26
Equity
Dividend
(%) 130 150 150 60 150
Book
Value
(Rs) 143.94 177.59 202.7 240.64 262.3

Source : Asian CERC

This data
can be
easily copy
pasted into
a Microsoft
Excel
sheet
201003
200603
TM03
cashflow
Tata
Motor
s « Previous Years  

------------
------- in
Rs. Cr.
Cash ------------
Flow -------
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Net Profit
Before
Tax 1528.88 1913.46 2028.92 1001.26 2240.08

Net Cash
From
Operatin
g
Activities -221.03 2210.13 6174.5 1295.02 6586.03

Net Cash
(used
in)/from
Investing
Activities -1.06 -2805.1 -5721.86 -10645 -11848

Net Cash
(used
in)/from
Financin
g
Activities -855.27 303.58 1132.46 8104.7 5348.49
Net
(decreas
e)/increa
se In
Cash
and
Cash
Equivale
nts -1077.36 -291.39 1585.1 -1244.95 86.23

Opening
Cash &
Cash
Equivale
nts 2196.79 1118.15 806.21 2386.77 630.04

Closing
Cash &
Cash
Equivale
nts 1119.43 826.76 2391.31 1141.82 716.27

Source : Asian CERC

This data
can be
easily copy
pasted into
a Microsoft
Excel
sheet
201003
200603
TM03
keyfinratio
Tata
Motor
s « Previous Years  

------------
------- in
Key Rs. Cr.
Financia ------------
l Ratios -------

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

Investment
Valuation Ratios
Face
Value 10 10 10 10 10
Dividend
Per
Share 13 15 15 6 15

Operatin
g Profit
Per
Share
(Rs) 56.07 67.12 78.61 33.52 70.68

Net
Operatin
g Profit
Per
Share
(Rs) 524.73 691.91 746.24 499.23 619.98

Free
Reserve
s Per
Share
(Rs) 123.34 157.16 182.38 217.77 229.67
Bonus in
Equity
Capital 29.06 28.87 28.86 21.64 19.5
Profitability Ratios
Operatin
g Profit
Margin(
%) 10.68 9.7 10.53 6.71 11.74

Profit
Before
Interest
And Tax
Margin(
%) 7.82 7.25 8.16 3.2 8.82
Gross
Profit
Margin(
%) 12.21 11.19 8.26 3.3 8.84
Cash
Profit
Margin(
%) 9.86 9.07 8.13 6.97 7.12
Adjusted
Cash
Margin(
%) 9.41 8.55 8.13 6.97 7.26

Net Profit
Margin(
%) 7.35 6.94 6.96 3.77 6.26

Adjusted
Net Profit
Margin(
%) 6.55 6.12 6.96 3.77 6.28

Return
On
Capital
Employe
d(%) 26.47 25.82 18.96 6.41 9.66
Return
On Net
Worth(%
) 27.74 27.96 25.98 8.09 14.96

Adjusted
Return
on Net
Worth(%
) 24.77 24.67 21.18 7.45 9.61
Return
on
Assets
Excludin
g
Revaluati
ons 143.58 177.33 202.54 240.6 259.03

Return
on
Assets
Including
Revaluati
ons 144.26 178 203.2 241.09 259.46

Return
on Long
Term
Funds(%
) 28.65 31.18 22.85 8.89 12.26
Liquidity And
Solvency Ratios
Current
Ratio 1.07 0.86 0.64 0.44 0.44
Quick
Ratio 0.97 0.92 0.66 0.58 0.44
Debt
Equity
Ratio 0.53 0.59 0.8 1.06 1.11

Long
Term
Debt
Equity
Ratio 0.42 0.31 0.5 0.49 1.11
Debt Coverage
Ratios
Interest
Cover 7.62 7.19 6.28 2.43 2.77
Total
Debt to
Owners
Fund 0.53 0.59 0.8 1.06 1.12

Financial
Charges
Coverag
e Ratio 8.08 7.62 7.19 3.64 3.56
Financial
Charges
Coverag
e Ratio
Post Tax 7.06 6.67 6.82 3.73 3.74
Management
Efficiency Ratios

Inventory
Turnover
Ratio 10.32 11.02 14.44 13.47 13.07
Debtors
Turnover
Ratio 26.31 35.6 30.08 19.11 18.02
Investme
nts
Turnover
Ratio 12.63 13.26 14.44 13.47 13.5
Fixed
Assets
Turnover
Ratio 5 5.01 2.69 1.88 1.93
Total
Assets
Turnover
Ratio 2.4 2.49 2.06 1.02 1.13
Asset
Turnover
Ratio 2.55 3.08 2.69 1.88 1.95

Average
Raw
Material
Holding 19.88 17.53 15.08 20.9 15.66
Average
Finished
Goods
Held 16.65 17.34 16.81 13.64 17.7

Number
of Days
In
Working
Capital 34.47 26.96 -15.62 -28.19 -74.73
Profit & Loss
Account Ratios
Material
Cost
Composi
tion 72.84 74.55 72.62 73.26 71.7

Imported
Composi
tion of
Raw
Materials
Consum
ed 4.64 3.88 4.6 5.82 5.94

Selling
Distributi
on Cost
Composi
tion 3.78 4 4.09 4.77 4.47

Expense
s as
Composi
tion of
Total
Sales 11.87 10.18 9.88 9.49 8.61
Cash Flow
Indicator Ratios

Dividend
Payout
Ratio Net
Profit 37.13 35.34 32.51 34.52 44.28

Dividend
Payout
Ratio
Cash
Profit 26.73 26.16 24.02 17.94 29.02
Earning
Retentio
n Ratio 58.31 59.9 60.13 62.49 30.22
Cash
Earning
Retentio
n Ratio 70.98 71.32 72.18 81.29 61.84
Adjusted
Cash
Flow
Times 1.5 1.7 2.65 7.13 6.4

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

Earnings
Per
Share 39.94 49.65 52.63 19.48 39.26
Book
Value 143.94 177.59 202.7 240.64 262.3

Source : Asian CERC