Amara Raja Batteries Ltd.

Company Report Card-Standalone

Renigunta Cuddapah Road,Karakambadi

Phone : Tirupati,517520,Andhra Pradesh

Stock Cues

1 Day Return% -0.87 1 Year Return% 88.43

Market Capitalization 13212.35 Daily Vol (BSE) 18109
Enterprise Value 15368.21 Daily Vol (NSE) 82253
Free Float % 47.94 Beta 1.0393
Total No of Shares 85406250 Face Value (INR) 2
TTM EPS 19.56 Book Value 63.65
TTM PE 7.91 Dividend Yield% 0.52
Bloomberg Code AMRJ IN Reuters Code AMAR.BO

Quarterly Analysis
Particulars 201003 200912 Q on Q Var% 200903 Y on Y Var%

Total Expenditure 3698.95 2982.49 24.02 2712.02 36.39

PBIDT (Excl OI) 633.98 692.34 -8.43 598.88 5.86

PAT 366.99 398.6 -7.93 280.49 30.84

PBIDTM% (Excl OI) 14.63 18.84 -22.35 18.09 -19.13

PBIDTM% 14.77 19.01 -22.3 18.26 -19.11

PATM% 8.47 10.85 -21.94 8.47 0

EPS (Rs) 4.3 4.67 -7.92 3.28 31.1

Shareholding Pattern (Mar-2010)

Description Value

Promoters 52.06

Public & Others 18.07

Institutions 13.91

Foreign 10.29

Corporate Holdings 5.67

Company Report Card-Standalone (Industry-Auto Ancillary)

Renigunta Cuddapah Road,Karakambadi

Phone : Tirupati,517520,Andhra Pradesh

INR Millions

Description 200903 200803 200703 200603 200503

Inc / Exp Performance
Gross Sales 15839.54 13499.87 7451.03 4458.3 2685.44
Total Income 13240.02 11058.92 6041.54 3705.06 2429.05
Total Expenditure 11466.91 9210.83 5112.2 3156.28 2155.48
PBIDT 1773.11 1848.09 929.35 548.79 273.57
Growth% -4.06 98.86 69.35 100.6
PBIT 1427.55 1603.64 759.32 401.78 137.26
PBT 1226.59 1459.38 711.98 373.46 135.81
PAT 804.79 943.63 470.43 238.47 86.9
Growth% -14.71 100.59 97.27 174.42
Cash Profit 1150.35 1188.08 640.46 385.47 223.21
Sources of Funds
Equity Paid Up 170.81 113.88 113.88 113.88 113.88
Reserves and Surplus 3885.05 3217.14 2322.78 1898.98 1692.97
Net Worth 4055.86 3331.01 2436.66 2012.85 1806.85
Total Debt 2858.71 3162.62 1407.08 405.41 233.06
Capital Employed 6914.57 6493.64 3843.74 2418.26 2039.91
Application of Funds
Gross Block 4270.94 3105.84 2577.79 1907.12 1672.3
Investments 470.99 162.01 161.94 320.14 235.63
Cash and Bank balance 702.85 511.45 256 205.21 169.12
Net Current Assets 3416.81 3955.22 2187.92 1126.44 973.68
Total Current Liabilities 1843.09 2020.74 1312.27 1154.04 638.96
Total Assets 6914.57 6493.64 3843.74 2418.26 2039.91
Cash Flow
Cash Flow from Operations 2239.35 -296.47 -375.66 266.37 66.81
Cash Flow from Investing activities -1321.46 -1156.98 -542.77 -349.93 -115.32
Cash Flow from Finance activities -726.5 1708.91 969.21 119.64 65.34
Free Cash flow -842.82 2236.51 1064.37 292.6 302.01
Key Ratios
Debt to Equity(x) 0.82 0.79 0.41 0.17 0.11
Current Ratio(x) 4.62 5.82 4.76 3.38 4.67
ROCE(%) 21.29 31.03 24.25 18.02 6.98
RONW(%) 21.79 32.72 21.15 12.49 4.89
PBIDTM(%) 11.19 13.69 12.47 12.31 10.19
PATM(%) 5.08 6.99 6.31 5.35 3.24
CPM(%) 7.26 8.8 8.6 8.65 8.31
Market Cues
Close Price (Unit Curr.) 36.95 128.73 45.31 31.24 12.35
High Price (Unit Curr.) 143.33 183.27 64.61 37.11 16.59
Low Price (Unit Curr.) 30.5 43.2 19.73 12.27 6.49
Market Capitalization 3155.76 10994.63 3870.04 2668.09 1055.05
EPS 9.42 16.57 8.26 20.94 7.63
Price / Book Value(x) 0.78 2.2 0.21 0.18 0.08
CEPS 13.47 20.87 56.24 33.85 19.6
Equity Dividend % 40 35 35 25 20
Enterprise Value 5311.62 13645.8 5021.13 2868.29 1118.99
Dividend Yield % 2.17 0.36 1.03 1.07 2.16
Valuation Ratio
Adjusted PE (x) 3.92 11.65 41.14 11.19 12.14
PCE(x) 2.74 6.17 0.81 0.92 0.63
Price / Book Value(x) 0.78 2.2 0.21 0.18 0.08
Dividend Yield(%) 2.17 0.36 1.03 1.07 2.16
EV/Net Sales(x) 0.4 1.26 0.84 0.79 0.48
EV/EBITDA(x) 3 7.38 5.4 5.23 4.09
EV/EBIT(x) 3.72 8.51 6.61 7.14 8.15
EV/CE(x) 0.77 2.1 1.31 1.19 0.55
M Cap / Sales 0.24 1.02 0.65 0.73 0.45