Balance Sheet ------------------- in Rs. Cr.

-------------------
Dec '00 Dec '01 Dec '02 Dec '03 Dec '04 Dec '05 Dec '06

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 11.27 11.27 11.27 11.27 11.27 11.27 11.27
Equity Share Capital 11.27 11.27 11.27 11.27 11.27 11.27 11.27
Share Application Money 0 0 0 0 0 0 0
Preference Share Capital 0 0 0 0 0 0 0
Reserves 44.53 58.33 73.22 98.19 123.72 162.14 212.56
Revaluation Reserves 0 0 0 0 0 0 0
Networth 55.8 69.6 84.49 109.46 134.99 173.41 223.83
Secured Loans 5.29 0 3.52 0 0 0 0
Unsecured Loans 38.77 34.65 0 0 0 0 0
Total Debt 44.06 34.65 3.52 0 0 0 0
Total Liabilities 99.86 104.25 88.01 109.46 134.99 173.41 223.83
Dec '00 Dec '01 Dec '02 Dec '03 Dec '04 Dec '05 Dec '06

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
Gross Block 58.09 60.34 57.66 55.07 66.33 70.13 79.37
Less: Accum. Depreciation 20.01 25.96 27.42 30.07 35.32 41.08 47.54
Net Block 38.08 34.38 30.24 25 31.01 29.05 31.83
Capital Work in Progress 0.02 0.1 0.02 1.09 1.11 0.29 12.48
Investments 0 0 0 0 0 0 0
Inventories 31.38 30.87 26.68 23.97 40.22 60.15 66.17
Sundry Debtors 36.13 40.9 37.65 29.1 29.68 49.99 62.62
Cash and Bank Balance 6.35 8.98 5.98 5.9 7.78 15.67 18.54
Total Current Assets 73.86 80.75 70.31 58.97 77.68 125.81 147.33
Loans and Advances 38.11 44.03 64.01 72.14 29.12 37.52 42.45
Fixed Deposits 0.07 0.07 3.03 44.06 54.03 60.53 81.11
Total CA, Loans & Advances 112.04 124.85 137.35 175.17 160.83 223.86 270.89
Deffered Credit 0 0 0 0 0 0 0
Current Liabilities 30.84 26.1 37.45 42.76 53.53 73.49 85.34
Provisions 19.45 29 42.15 49.06 4.44 6.29 6.05
Total CL & Provisions 50.29 55.1 79.6 91.82 57.97 79.78 91.39
Net Current Assets 61.75 69.75 57.75 83.35 102.86 144.08 179.5
Miscellaneous Expenses 0.01 0 0 0 0 0 0
Total Assets 99.86 104.23 88.01 109.44 134.98 173.42 223.81

Contingent Liabilities 1.43 2.72 6.02 6.47 6.82 3.59 21.45

Book Value (Rs) 49.53 61.78 75 97.16 119.83 153.93 198.69
 Profit & Loss account ------------------- in Rs. Cr. -------------------
Dec '00 Dec '01
Dec '07 Dec '08 Mar '10
12 mths 12 mths
12 mths 12 mths 15 mths
Income
Sales Turnover 208.85 230.72
11.27 11.27 11.27 Excise Duty 9.92 10.72
11.27 11.27 11.27 Net Sales 198.93 220
0 0 0 Other Income 0.2 0.56
0 0 0 Stock Adjustments 6 -2.29
279.04 336.49 429.33 Total Income 205.13 218.27
0 0 0 Expenditure
290.31 347.76 440.6 Raw Materials 133.92 138.33
0 0 0 Power & Fuel Cost 1.4 1.55
0 0 0 Employee Cost 14.17 16.26
0 0 0 Other Manufacturing Expenses 0.48 0.55
290.31 347.76 440.6 Selling and Admin Expenses 22.53 23.32
Dec '07 Dec '08 Mar '10 Miscellaneous Expenses 2.59 3.13
Preoperative Exp Capitalised 0 0
12 mths 12 mths 15 mths Total Expenses 175.09 183.14
Dec '00 Dec '01

100.88 166.85 203.72 12 mths 12 mths

44.21 50.86 62.42
56.67 115.99 141.3 Operating Profit 29.84 34.57
40.76 27.33 39.72 PBDIT 30.04 35.13
0 0 0 Interest 5.18 5.85
67.57 105.97 123.11 PBDT 24.86 29.28
83.72 108.6 142.48 Depreciation 4.76 6.07
14.26 32.05 30.52 Other Written Off 0.05 0.01
165.55 246.62 296.11 Profit Before Tax 20.05 23.2
58.12 69.67 63.96 Extra-ordinary items 0 0
78.76 20.43 75.06 PBT (Post Extra-ord Items) 20.05 23.2
302.43 336.72 435.13 Tax 9.29 9.39
0 0 0 Reported Net Profit 10.75 13.8
101.65 120.08 162.25 Total Value Addition 41.17 44.81
7.9 12.21 13.29 Preference Dividend 0 0
109.55 132.29 175.54 Equity Dividend 0 0
192.88 204.43 259.59 Corporate Dividend Tax 0 0
0 0 0 Per share data (annualised)
290.31 347.75 440.61 Shares in issue (lakhs) 112.65 112.65
Earning Per Share (Rs) 9.55 12.25
46.98 22.68 28.97 Equity Dividend (%) 0 0
257.7 308.7 391.11 Book Value (Rs) 49.53 61.78
------ in Rs. Cr. -------------------
Dec '02 Dec '03 Dec '04 Dec '05 Dec '06 Dec '07 Dec '08 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 15 mths

221.55 239.34 271.24 402.95 540.49 646.7 780.08 1,118.57

12.11 12.81 15.09 24.91 35.63 38.29 38.06 30.68
209.44 226.53 256.15 378.04 504.86 608.41 742.02 1,087.89
-0.33 2.01 2.48 3.06 4.15 4.98 3.23 18.58
-4 -1.96 7.73 10.91 3.32 2.93 21.28 17.25
205.11 226.58 266.36 392.01 512.33 616.32 766.53 1,123.72

123.4 126.61 141.84 215.98 290.55 340.62 462.18 644.07

1.56 1.63 2.04 2.85 3.79 4.89 5.71 7.67
17.63 21.4 32.55 45.7 61.35 75.57 94.59 127.69
0.46 0.38 0.52 0.81 2.23 2.34 2.76 25.99
22.07 22.95 28.09 38.62 49.42 48.69 63.12 106.96
1.05 6.8 12.06 16.73 16.63 19.06 22.25 28.04
0 0 0 0 0 0 0 0
166.17 179.77 217.1 320.69 423.97 491.17 650.61 940.42
Dec '02 Dec '03 Dec '04 Dec '05 Dec '06 Dec '07 Dec '08 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 15 mths

39.27 44.8 46.78 68.26 84.21 120.17 112.69 164.72

38.94 46.81 49.26 71.32 88.36 125.15 115.92 183.3
3.19 2.36 2.94 4.02 3.92 14.64 18.15 25.63
35.75 44.45 46.32 67.3 84.44 110.51 97.77 157.67
5.89 4.99 5.28 6.73 6.46 5.89 7.23 16.95
0 0 0 0 0 0 0 0
29.86 39.46 41.04 60.57 77.98 104.62 90.54 140.72
0 0 0 0 0.26 0.8 0.48 0.16
29.86 39.46 41.04 60.57 78.24 105.42 91.02 140.88
12.31 14.5 15.51 22.17 27.81 38.95 33.57 48.03
17.54 24.97 25.54 38.42 50.42 67.68 57.45 92.84
42.77 53.16 75.25 104.71 133.42 150.55 188.43 296.35
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0

112.65 112.65 112.65 112.65 112.65 112.65 112.65 112.65

15.57 22.16 22.67 34.1 44.76 60.08 51 82.41
0 0 0 0 0 0 0 0
75 97.16 119.83 153.93 198.69 257.7 308.7 391.11
cash Flow ------------------- in Rs. Cr. -------------------
Dec '00 Dec '01 Dec '02 Dec '03

12 mths 12 mths 12 mths 12 mths

Net Profit Before Tax 0.02 23.19 29.85 38.18

Net Cash From Operating Activities 0 14.51 32.69 41.66
Net Cash (used in)/from -0.02 -2.59 -2.26 1.02
Investing Activities
Net Cash (used in)/from Financing Activities 0.02 -9.29 -30.48 -1.73
Net (decrease)/increase In Cash and Cash Equivalents 0 2.63 -0.04 40.95
Opening Cash & Cash Equivalents 0.01 6.42 9.05 9.01
Closing Cash & Cash Equivalents 0.01 9.05 9.01 49.95
Dec '04 Dec '05 Dec '06 Dec '07 Dec '08 march'10 Capital Structure
Period
12 mths 12 mths 12 mths 12 mths 12 mths 15 moths From To
2009 2010
41.04 60.58 77.97 106.63 91.02 140.87 2008 2008
23.16 15.54 40.79 46.37 0.81 105.97 2007 2007
-11.3 -1 -17.05 -52.73 -43.94 -52.45 2006 2006
2005 2005
0 -0.15 -0.28 -0.28 -0.37 -0.43 2004 2004
11.86 14.39 23.45 -6.64 -43.51 53.09 2003 2003
49.95 61.81 76.2 99.65 95.99 52.48 2002 2002
61.81 76.2 99.65 93.02 52.48 105.58 2001 2001
2000 2000
1992 1999
1991 1992
Instrument --- CAPITAL (Rs. cr) --- -PAIDUP-
Authorised Issued Shares (nos) Face Value Capital
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 11.27 11.27 11265070 10 11.27
Equity Share 10 9.2 9200070 10 9.2
Balance Sheet ------------------- in Rs. Cr. -------------------
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 24.83 160.59 180.98 180.98 181 153.05 156.3
Equity Share Capital 24.83 160.59 30.98 30.98 31 53.05 56.3
Share Application Money 0 0 0 0 0 0 0
Preference Share Capital 0 0 150 150 150 100 100
Reserves 67.73 29.59 27.93 29.06 29.91 219.17 305.35
Revaluation Reserves 0 0 0 0 0 0 0
Networth 92.56 190.18 208.91 210.04 210.91 372.22 461.65
Secured Loans 1 10.15 23.81 62.42 59.62 56.35 51.28
Unsecured Loans 224.93 0 23.68 31.67 82.24 259.03 494.73
Total Debt 225.93 10.15 47.49 94.09 141.86 315.38 546.01
Total Liabilities 318.49 200.33 256.4 304.13 352.77 687.6 1,007.66
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
Gross Block 89.66 144.12 152.69 181.21 239.79 307.05 195.69
Less: Accum. Depreciation 8.12 0 34.73 57.95 74.65 99.92 70.89
Net Block 81.54 144.12 117.96 123.26 165.14 207.13 124.8
Capital Work in Progress 1.79 10.42 12.07 5.68 7.91 2.25 12.99
Investments 203.64 6.57 86.07 95.84 86.65 100.94 591.72
Inventories 0 0 0.45 0.89 0.03 0.03 0
Sundry Debtors 13.1 55.85 44.48 54.36 57.59 108.35 109.67
Cash and Bank Balance 2.96 10.93 4.03 9.93 9.06 29.24 16.06
Total Current Assets 16.06 66.78 48.96 65.18 66.68 137.62 125.73
Loans and Advances 52.56 27.42 37.56 63.34 119.47 133.15 227.37
Fixed Deposits 0.5 0 0 0.47 0.3 220.22 49.12
Total CA, Loans & Advances 69.12 94.2 86.52 128.99 186.45 490.99 402.22
Deffered Credit 0 0 0 0 0 0 0
Current Liabilities 14.52 56.31 47.42 44.9 83.39 88.37 84.82
Provisions 23.39 0 0 5.8 10.9 25.35 39.24
Total CL & Provisions 37.91 56.31 47.42 50.7 94.29 113.72 124.06
Net Current Assets 31.21 37.89 39.1 78.29 92.16 377.27 278.16
Miscellaneous Expenses 0.32 1.33 1.2 1.04 0.9 0 0
Total Assets 318.5 200.33 256.4 304.11 352.76 687.59 1,007.67

Contingent Liabilities 4.36 0 0 0.57 6.17 13.16 52.47

Book Value (Rs) 18.64 11.84 9.51 9.69 19.65 51.32 64.24
Mar '08 Mar '09 Mar '10 Profit & Loss account ------------------- in Rs. Cr. -------------------
Mar '01 Mar '02 Mar '03
12 mths 12 mths 12 mths
12 mths 12 mths 12 mths

230.54 230.75 268.76 Income

130.54 130.75 168.76 Sales Turnover 107.85 260.25 179.37
0 0 0 Excise Duty 0 0 0
100 100 100 Net Sales 107.85 260.25 179.37
414.45 515.9 626.34 Other Income 2.13 5.84 -21.48
0 0 0 Stock Adjustments 0 0 0
644.99 746.65 895.1 Total Income 109.98 266.09 157.89
108.32 257.16 401.82 Expenditure
1,153.78 1,263.82 1,206.28 Raw Materials 0 0 0
1,262.10 1,520.98 1,608.10 Power & Fuel Cost 0 0 0
1,907.09 2,267.63 2,503.20 Employee Cost 25.04 0 59.18
Mar '08 Mar '09 Mar '10 Other Manufacturing Expenses 12.95 164.14 0
Selling and Admin Expenses 13.1 0 0
12 mths 12 mths 12 mths Miscellaneous Expenses 6.57 62.45 72.24
Preoperative Exp Capitalised 0 0 0
Total Expenses 57.66 226.59 131.42
290.51 542.75 408.91 Mar '01 Mar '02 Mar '03
106 162.48 179.06
184.51 380.27 229.85 12 mths 12 mths 12 mths
64.87 71.89 1.38
1,204.36 1,455.42 1,724.84 Operating Profit 50.19 33.66 47.95
0 0 0 PBDIT 52.32 39.5 26.47
130.01 136.41 250.07 Interest 2.86 12.98 3.86
32.62 93.33 19.26 PBDT 49.46 26.52 22.61
162.63 229.74 269.33 Depreciation 4.81 12.5 17.11
448.71 514.38 594.23 Other Written Off 3.11 0 0
4.44 5.82 25.48 Profit Before Tax 41.54 14.02 5.5
615.78 749.94 889.04 Extra-ordinary items 0.6 0 -5.42
0 0 0 PBT (Post Extra-ord Items) 42.14 14.02 0.08
105.98 335.25 286.35 Tax 14.21 10.51 -4.58
56.46 54.64 55.56 Reported Net Profit 27.93 3.52 12.57
162.44 389.89 341.91 Total Value Addition 57.67 226.59 131.42
453.34 360.05 547.13 Preference Dividend 0 0 13.12
0 0 0 Equity Dividend 4.67 0 1.54
1,907.08 2,267.63 2,503.20 Corporate Dividend Tax 1.06 0 0.2
Per share data (annualised)
16.92 88.77 28.53 Shares in issue (lakhs) 496.67 1,605.88 619.58
41.75 49.46 47.11 Earning Per Share (Rs) 5.62 0.22 -0.09
Equity Dividend (%) 55 0 5
Book Value (Rs) 18.64 11.84 9.51
Cr. -------------------
Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

192.6 207.03 276.03 332.37 447.27 527.24 519.99

0 0 0 0 0 0 0
192.6 207.03 276.03 332.37 447.27 527.24 519.99
1.36 1.38 5.7 27.14 16.09 36.45 -219.57
0 0 0 0 0 0 0
193.96 208.41 281.73 359.51 463.36 563.69 300.42

0 0 0 0 0 0 0
0 0 0 0 0 0 0
7.09 8.13 15.61 137.96 189.02 211.15 290.67
136.26 140.7 167.4 83.94 99.84 103.85 114.14
13.46 12.82 25.15 39.21 59.21 109.54 110.72
10.78 14.42 22 21.4 41.89 42.21 40.66
-12.23 -15.61 -22.24 -23.18 -96.19 -203.12 -305.22
155.36 160.46 207.92 259.33 293.77 263.63 250.97
Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

37.24 46.57 68.11 73.04 153.5 263.61 269.02

38.6 47.95 73.81 100.18 169.59 300.06 49.45
7.52 11.13 9.13 22.25 40.57 64.71 51.23
31.08 36.82 64.68 77.93 129.02 235.35 -1.78
23.36 17.01 23.68 13.77 25.06 47.99 94.33
0.16 0.14 0 0 4.95 0 0
7.56 19.67 41 64.16 99.01 187.36 -96.11
7.61 4.39 1.05 2.06 -0.07 -0.4 -0.44
15.17 24.06 42.05 66.22 98.94 186.96 -96.55
3.27 5.56 2.75 1.61 3.45 2.39 3.06
11.9 17.61 39.19 49.44 100.46 184.57 -99.61
155.37 160.46 207.92 259.33 293.76 263.63 250.97
8.01 9.55 8.66 6.35 6.37 6.35 6.35
1.55 5.4 10.61 11.26 20.92 19.61 25.32
1.23 1.95 2.7 2.8 4.45 4.44 5.4

619.58 310.03 530.45 562.99 1,305.35 1,307.51 1,687.60

0.63 2.6 5.76 7.65 7.21 13.63 -6.28
 5 10 20 20 15 15 15
9.69 19.65 51.32 64.24 41.75 49.46 47.11
Cash Flow ------------------- in Rs. Cr. -------------------
Mar '03 Mar '04 Mar '05 Mar '06

12 mths 12 mths 12 mths 12 mths

Net Profit Before Tax 5.51 7.56 19.87 41

Net Cash From Operating Activities -0.1 4.07 30.62 5.16
Net Cash (used in)/from -26.19 -27.99 -58.86 -74.46
Investing Activities
Net Cash (used in)/from Financing Activities 26.16 30.34 26.5 307.59
Net (decrease)/increase In Cash and Cash Equivalents 0.13 6.43 -1.74 238.29
Opening Cash & Cash Equivalents 3.39 3.23 9.66 7.92
Closing Cash & Cash Equivalents 3.26 9.66 7.92 246.21
 Capital Structure
Mar '07 Mar '08 Mar '09 Mar '10 Period Instrument--- CAPITAL (Rs. cr) ---
From To AuthorisedIssued
12 mths 12 mths 12 mths 12 mths 2009 2010 Equity Sha 214.75 168.76
2008 2009 Equity Sha 214.75 130.75
51.05 104.14 161.4 136.49 2007 2008 Equity Sha 214.75 130.54
111.26 199.67 356 194.8 2006 2007 Equity Sha 150 56.3
-418.79 -764.8 -425.97 -386 2005 2006 Equity Sha 100 53.04
2004 2005 Equity Sha 100 31
121.78 537.35 73.34 189.45 2003 2004 Equity Sha 50 30.98
-185.75 -27.79 3.37 -1.75 2000 2001 Equity Sha 35 24.83
246.21 60.45 32.66 36.03 1999 2000 Equity Sha 10 5
60.45 32.66 36.03 34.28
-PAIDUP-
Shares (nosFace ValueCapital
1.69E+08 10 168.76
1.31E+08 10 130.75
1.31E+08 10 130.54
56298739 10 56.3
53044855 10 53.04
31002841 10 31
61958282 5 30.98
49666667 5 24.83
10000000 5 5
ABB « Previous Years Next Years »
Balance Sheet ------------------- in Rs. Cr. -------------------
Dec '00 Dec '01 Dec '02 Dec '03 Dec '04 Dec '05 Dec '06

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 41.42 49.88 42.38 42.38 42.38 42.38 42.38
Equity Share Capital 41.42 42.38 42.38 42.38 42.38 42.38 42.38
Share Application Money 0 0 0 0 0 0 0
Preference Share Capital 0 7.5 0 0 0 0 0
Reserves 347.84 380.54 453.92 546.16 666.94 846.67 1,138.65
Revaluation Reserves 7.7 17.33 15.87 15.61 15.34 15.07 14.81
Networth 396.96 447.75 512.17 604.15 724.66 904.12 1,195.84
Secured Loans 11.5 0 0 0 0 0 0
Unsecured Loans 5.06 10.88 12.37 10.1 1.49 2.73 1.55
Total Debt 16.56 10.88 12.37 10.1 1.49 2.73 1.55
Total Liabilities 413.52 458.63 524.54 614.25 726.15 906.85 1,197.39
Dec '00 Dec '01 Dec '02 Dec '03 Dec '04 Dec '05 Dec '06

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
Gross Block 255.44 296.26 286.68 313.66 358.03 414.16 514.52
Less: Accum. Depreciation 113.8 140.04 142.82 153.92 168.02 187.5 207.34
Net Block 141.64 156.22 143.86 159.74 190.01 226.66 307.18
Capital Work in Progress 1.19 1.16 4.14 10.27 4.93 38.42 24.62
Investments 10.48 12.78 27.58 58.59 106.97 87.15 77.35
Inventories 112.88 120.45 111.8 123.51 168.29 201.58 354.7
Sundry Debtors 419 420.76 469.58 543.62 626.33 1,029.26 1,570.27
Cash and Bank Balance 28.98 85.29 115.33 143.84 116.62 200.89 285.91
Total Current Assets 560.86 626.5 696.71 810.97 911.24 1,431.73 2,210.88
Loans and Advances 76.07 90.82 104.6 180.62 210.27 375.64 341.83
Fixed Deposits 0.39 57.22 165.34 209.19 300.14 200.07 260.53
Total CA, Loans & Advances 637.32 774.54 966.65 1,200.78 1,421.65 2,007.44 2,813.24
Deffered Credit 0 0 0 0 0 0 0
Current Liabilities 351.21 463.25 587.3 780.87 956.41 1,401.63 1,969.43
Provisions 25.91 22.82 30.37 34.25 40.97 51.2 55.57
Total CL & Provisions 377.12 486.07 617.67 815.12 997.38 1,452.83 2,025.00
Net Current Assets 260.2 288.47 348.98 385.66 424.27 554.61 788.24
Miscellaneous Expenses 0 0 0 0 0 0 0
Total Assets 413.51 458.63 524.56 614.26 726.18 906.84 1,197.39

Contingent Liabilities 44.63 55.22 75.3 88.83 104.97 105.08 95.57

Book Value (Rs) 93.98 99.79 117.1 138.87 167.36 209.77 278.67
 Profit & Loss account ------------------- in Rs. Cr. -------------------
Dec '07 Dec '08 Dec '09 Dec '00 Dec '01 Dec '02

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Income
42.38 42.38 42.38 Sales Turnover 793.28 1,041.60 1,175.76
42.38 42.38 42.38 Excise Duty 0 0 0
0 0 0 Net Sales 793.28 1,041.60 1,175.76
0 0 0 Other Income 13.29 14.59 40.9
1,569.42 2,062.29 2,367.35 Stock Adjustments 10.1 -0.91 -5.45
14.54 14.28 14 Total Income 816.67 1,055.28 1,211.21
1,626.34 2,118.95 2,423.73 Expenditure
0 0 0 Raw Materials 338.98 433.8 482.15
0.57 0.02 0 Power & Fuel Cost 8.66 9.34 9.52
0.57 0.02 0 Employee Cost 101.94 110.03 120.79
1,626.91 2,118.97 2,423.73 Other Manufacturing Expenses 178.32 267.76 309.48
Dec '07 Dec '08 Dec '09 Selling and Admin Expenses 63.74 77.22 89.91
Miscellaneous Expenses 29.5 41.56 36.34
12 mths 12 mths 12 mths Preoperative Exp Capitalised 0 0 0
Total Expenses 721.14 939.71 1,048.19
Dec '00 Dec '01 Dec '02
576.91 766.48 879.26
224.98 220.65 206.13 12 mths 12 mths 12 mths
351.93 545.83 673.13
105.94 137.51 116.34 Operating Profit 82.24 100.98 122.12
70.45 61.12 16.88 PBDIT 95.53 115.57 163.02
488.71 642.65 729.41 Interest 8.25 12.23 5.89
2,423.56 2,975.89 2,857.73 PBDT 87.28 103.34 157.13
441.3 347.28 223.24 Depreciation 16.76 18.25 18.32
3,353.57 3,965.82 3,810.38 Other Written Off 0 0 0
581.67 778.91 699.81 Profit Before Tax 70.52 85.09 138.81
201.56 0.95 300.9 Extra-ordinary items 0 0.48 0.11
4,136.80 4,745.68 4,811.09 PBT (Post Extra-ord Items) 70.52 85.57 138.92
0 0 0 Tax 16.5 20.23 41.73
2,970.40 3,211.55 3,048.65 Reported Net Profit 54.01 65.33 97.17
67.82 159.63 145.04 Total Value Addition 382.16 505.91 566.05
3,038.22 3,371.18 3,193.69 Preference Dividend 0 0 0.48
1,098.58 1,374.50 1,617.40 Equity Dividend 20.71 20.71 25.43
0 0 0 Corporate Dividend Tax 4.68 -0.46 -2.11
1,626.90 2,118.96 2,423.75 Per share data (annualised)
Shares in issue (lakhs) 414.18 423.82 423.82
133.1 248.09 226.58 Earning Per Share (Rs) 13.04 15.41 22.81
76.06 99.32 113.72 Equity Dividend (%) 50 50 60
Book Value (Rs) 93.98 99.79 117.1
Cr. -------------------
Dec '03 Dec '04 Dec '05 Dec '06 Dec '07 Dec '08 Dec '09

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

1,576.73 2,445.80 3,213.18 4,621.89 6,401.40 7,370.98 6,515.19

108.37 185.58 236.88 330.55 452.96 503.21 257.37
1,468.36 2,260.22 2,976.30 4,291.34 5,948.44 6,867.77 6,257.82
47.53 47.02 37.77 56.36 -2.19 99.68 -3.04
-9.32 23.58 7.8 53.02 52.07 0 0
1,506.57 2,330.82 3,021.87 4,400.72 5,998.32 6,967.45 6,254.78

544.6 740.96 899.86 1,297.54 1,612.05 4,984.28 4,550.00

9.14 12.18 14.91 19.01 22.33 27.43 27.16
116.13 136.05 178.38 241.42 306.07 402.96 389.23
494.47 965.38 1,272.95 1,944.55 2,785.58 102.24 90.4
100.86 137.65 181.61 204.24 272.98 331.81 333.39
41.47 70.93 98.14 134.19 193.43 203.82 245.89
0 0 0 0 0 -4.39 -1.55
1,306.67 2,063.15 2,645.85 3,840.95 5,192.44 6,048.15 5,634.52
Dec '03 Dec '04 Dec '05 Dec '06 Dec '07 Dec '08 Dec '09

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

152.37 220.65 338.25 503.41 808.07 819.62 623.3

199.9 267.67 376.02 559.77 805.88 919.3 620.26
5.28 7 13.4 10.1 17.03 49.38 44.35
194.62 260.67 362.62 549.67 788.85 869.92 575.91
18.44 20.36 23.14 26.47 32.41 36.68 48.51
0 0 0 0 0 0 0
176.18 240.31 339.48 523.2 756.44 833.24 527.4
-3.49 0 -0.28 0 0 0 5.76
172.69 240.31 339.2 523.2 756.44 833.24 533.16
51.77 86 120.8 182.9 264.79 285.83 178.52
124.19 154.32 218.68 340.31 491.67 547.41 354.64
762.06 1,322.19 1,745.99 2,543.41 3,580.39 1,063.87 1,084.53
0 0 0 0 0 0 0
25.43 29.67 33.91 42.38 46.62 46.62 42.38
3.26 3.88 4.76 5.94 9.18 7.92 7.2

423.82 423.82 423.82 423.82 2,119.08 2,119.08 2,119.08

29.3 36.41 51.6 80.3 23.2 25.83 16.74
 60 70 80 100 110 110 100
138.87 167.36 209.77 278.67 76.06 99.32 113.72
Cash Flow ------------------- in Rs. Cr. -------------------
Dec '00 Dec '01 Dec '02 Dec '03

12 mths 12 mths 12 mths 12 mths

Net Profit Before Tax 70.51 85.08 122.97 176.19

Net Cash From Operating Activities 41.2 180.06 160.71 125.11
Net Cash (used in)/from -14.58 -11.82 5.08 -20.89
Investing Activities
Net Cash (used in)/from Financing Activities -27.15 -43.59 -27.64 -31.86
Net (decrease)/increase In Cash and Cash Equivalents -0.54 124.65 138.15 72.37
Opening Cash & Cash Equivalents 18.41 17.87 142.52 280.66
Closing Cash & Cash Equivalents 17.87 142.52 280.66 353.03
Dec '04 Dec '05 Dec '06 Dec '07 Dec '08 Dec '09

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

240.32 339.48 523.21 756.46 833.24 527.4

171.63 77.21 245.3 267.57 19.67 354.49
-69.3 -53.8 -59.38 -113.89 -224.66 -98.58

-38.61 -39.2 -40.45 -57.26 -89.65 -80

63.72 -15.79 145.48 96.42 -294.63 175.91
353.03 416.75 400.97 546.44 642.86 348.23
416.75 400.97 546.44 642.86 348.23 524.14
Balance Sheet ------------------- in Rs. Cr. -------------------
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 12 15 13 13 32.5 50.92 50.92
Equity Share Capital 12 15 13 13 32.5 50.92 50.92
Share Application Money 0 0 0 0 0 0 0
Preference Share Capital 0 0 0 0 0 0 0
Reserves 15.9 15.4 27.1 40.5 66.26 377.96 485.32
Revaluation Reserves 3 2.7 60.5 57.9 55.6 53.5 51.57
Networth 30.9 33.1 100.6 111.4 154.36 482.38 587.81
Secured Loans 40.6 55.9 27.4 31.9 73.01 99.7 379.58
Unsecured Loans 1.4 3 4.8 0.1 0 0 30
Total Debt 42 58.9 32.2 32 73.01 99.7 409.58
Total Liabilities 72.9 92 132.8 143.4 227.37 582.08 997.39
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
Gross Block 65.6 67.8 120.2 123.3 129.65 143.62 178.27
Less: Accum. Depreciation 23 25.4 23 28.7 33.97 39.55 47.4
Net Block 42.6 42.4 97.2 94.6 95.68 104.07 130.87
Capital Work in Progress 0 0 0 1.2 4.29 51.8 165.2
Investments 0.2 0 0 0 0 0.7 0.89
Inventories 7.6 20.8 45.3 92.6 71.72 224.93 531.85
Sundry Debtors 9.3 46.4 17.8 18.9 12.95 5.77 7.55
Cash and Bank Balance 37.3 40.9 53 39.2 4.66 136.98 1.92
Total Current Assets 54.2 108.1 116.1 150.7 89.33 367.68 541.32
Loans and Advances 37.1 44.7 50.1 32.2 127.14 234.71 663.08
Fixed Deposits 0 0 0 0 43.99 268.03 138.12
Total CA, Loans & Advances 91.3 152.8 166.2 182.9 260.46 870.42 1,342.52
Deffered Credit 0 0 0 0 0 0 0
Current Liabilities 58.1 101.5 126.5 129.7 128.85 428.66 627.13
Provisions 3.1 1.7 4.1 5.6 4.21 16.24 14.95
Total CL & Provisions 61.2 103.2 130.6 135.3 133.06 444.9 642.08
Net Current Assets 30.1 49.6 35.6 47.6 127.4 425.52 700.44
Miscellaneous Expenses 0 0 0 0 0 0 0
Total Assets 72.9 92 132.8 143.4 227.37 582.09 997.4

Contingent Liabilities 0 0 0 0 6.5 7 17.7

Book Value (Rs) 23.25 20.27 30.85 41.15 30.39 84.22 105.31
 Profit & Loss account ------------------- in Rs. Cr. -------------------
Mar '08 Mar '09 Mar '10 Mar '01 Mar '02 Mar '03

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

Income
50.92 50.92 50.92 Sales Turnover 96.4 72 229.5
50.92 50.92 50.92 Excise Duty 0 0 0
31.87 31.87 0 Net Sales 96.4 72 229.5
0 0 0 Other Income 0.5 0.3 0.7
634.08 787.81 1,024.77 Stock Adjustments -1.3 127.4 -30.1
49.45 47.83 46.31 Total Income 95.6 199.7 200.1
766.32 918.43 1,122.00 Expenditure
441.45 1,425.84 2,237.44 Raw Materials 54.8 139.8 122
80.75 342.15 660 Power & Fuel Cost 0 0 0
522.2 1,767.99 2,897.44 Employee Cost 2.7 4.4 5.1
1,288.52 2,686.42 4,019.44 Other Manufacturing Expenses 16.1 25.1 27.9
Mar '08 Mar '09 Mar '10 Selling and Admin Expenses 0 0 0
Miscellaneous Expenses 5.9 9.1 14.8
12 mths 12 mths 12 mths Preoperative Exp Capitalised 0 0 0
Total Expenses 79.5 178.4 169.8
Mar '01 Mar '02 Mar '03
257.63 598.68 737.74
58.5 86.98 137.96 12 mths 12 mths 12 mths
199.13 511.7 599.78
386.45 1,006.35 1,375.44 Operating Profit 15.6 21 29.6
5.82 12.68 240.76 PBDIT 16.1 21.3 30.3
1,242.80 1,203.90 1,066.07 Interest 11.1 16.4 14.9
8.4 39.46 70.4 PBDT 5 4.9 15.4
23.63 32.77 20.33 Depreciation 2.8 3.4 3.3
1,274.83 1,276.13 1,156.80 Other Written Off 0 0 0
1,103.78 1,383.23 2,013.92 Profit Before Tax 2.2 1.5 12.1
63.14 15.07 7.53 Extra-ordinary items 0.1 0 -1
2,441.75 2,674.43 3,178.25 PBT (Post Extra-ord Items) 2.3 1.5 11.1
0 0 0 Tax 0.6 0.9 2.5
1,723.79 1,488.64 1,306.32 Reported Net Profit 1.8 0.7 8.6
20.84 30.1 68.47 Total Value Addition 24.7 38.6 47.8
1,744.63 1,518.74 1,374.79 Preference Dividend 0 0 0
697.12 1,155.69 1,803.46 Equity Dividend 0 0 0
0 0 0 Corporate Dividend Tax 0 0 0
1,288.52 2,686.42 4,019.44 Per share data (annualised)
Shares in issue (lakhs) 120 150 130
88.26 231.81 239.71 Earning Per Share (Rs) 1.5 0.47 6.62
134.52 164.71 211.24 Equity Dividend (%) 0 0 0
Book Value (Rs) 23.25 20.27 30.85
Cr. -------------------
Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

295.5 376.64 541.74 704.36 966.84 1,412.22 1,807.67

0 0 0 0 0 0 0
295.5 376.64 541.74 704.36 966.84 1,412.22 1,807.67
3.9 4.56 9.25 18.62 8.86 8.78 107.17
-64.7 -72.63 -36.12 24.11 150 208.51 145.78
234.7 308.57 514.87 747.09 1,125.70 1,629.51 2,060.62

148.2 165.1 307.82 457.55 699.33 1,083.96 1,197.54

0 1.42 1.81 2.71 3.09 4.04 7.53
6.5 10.01 12.99 14.86 29.42 29.43 48.1
30.5 15.98 17.56 30.9 50.63 65.06 106.34
0 16.83 19.4 23.57 38.94 37.32 79.65
13.7 2.39 5.15 3.1 3.4 3.02 37.98
0 0 0 0 0 0 0
198.9 211.73 364.73 532.69 824.81 1,222.83 1,477.14
Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths

31.9 92.28 140.89 195.78 292.03 397.9 476.31

35.8 96.84 150.14 214.4 300.89 406.68 583.48
13.3 24.65 21.41 41.71 52.21 147.1 219.62
22.5 72.19 128.73 172.69 248.68 259.58 363.86
3 3.13 3.62 5.93 7.4 14.48 38.69
0 0 0 0 0 0 0
19.5 69.06 125.11 166.76 241.28 245.1 325.17
-0.6 -1.66 1.22 0.63 4.26 3.17 5.15
18.9 67.4 126.33 167.39 245.54 248.27 330.32
6.6 22.66 42.65 51.1 84.87 77.17 101.4
12.3 44.75 83.68 116.29 160.68 171.1 228.92
50.7 46.62 56.91 75.14 125.48 138.87 279.6
0 0 0 0 0 0 0
0 0 6.11 7.64 10.18 10.18 20.37
0 0 0.86 1.3 1.73 1.73 3.46

130 325 509.22 509.22 509.22 509.22 509.22

9.46 13.77 16.43 22.84 31.55 33.6 44.96
0 0 12 15 20 20 40
41.15 30.39 84.22 105.31 134.52 164.71 211.24
Cash Flow ------------------- in Rs. C------------------- in Rs. Cr. -------------------
Mar '04 Mar '05 Mar '06 Mar '07

12 mths 12 mths 12 mths 12 mths

Net Profit Before Tax 19.5 68.88 126.64 168.13

Net Cash From Operating Activities 6.64 2.18 139.47 -395.58
Net Cash (used in)/from -4.32 -9.55 -61.79 -148.09
Investing Activities
Net Cash (used in)/from Financing Activities -16.04 16.87 278.67 278.7
Net (decrease)/increase In Cash and Cash Equivalents -13.72 9.49 356.36 -264.97
Opening Cash & Cash Equivalents 52.88 39.16 48.65 405.01
Closing Cash & Cash Equivalents 39.16 48.65 405.01 140.04
------ in Rs. Cr. ------------------- Capital Structure
Mar '08 Mar '09 Mar '10 Period Instrument--- CAPITAL (Rs. cr) --- - P A I D U P -
From To AuthorisedIssued Shares (nos
12 mths 12 mths 12 mths 2009 2010 Equity Sha 100 50.92 50921801
2008 2009 Equity Sha 100 50.92 50921801
245.96 249.94 327.3 2007 2008 Equity Sha 100 50.92 50921801
163.77 -271.59 83.5 2006 2007 Equity Sha 100 50.92 50921801
-303.9 -929.12 -717.78 2005 2006 Equity Sha 100 50.92 50921801
2004 2005 Equity Sha 100 32.5 32500000
86.86 1163.18 616.23
-53.27 -37.53 -18.05
140.04 86.77 47.84
86.77 49.24 29.79
-PAIDUP-
Face ValueCapital
10 50.92
10 50.92
10 50.92
10 50.92
10 50.92
10 32.5