Balance Sheet of Nirma

------------------- in Rs. Cr. -------------------

Mar '

12 mt
Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth

79.
79.
0.
0.
2,687.
0.
2,766.

Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

751.
209.
961.
3,728.
Mar '

12 mt
Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments

4,298.
2,382.
1,916.

279.
535.

Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets

592.
269.
11.
872.
830.
81.
1,784.
0.
637.
149.
787.
997.

Miscellaneous Expenses
Total Assets

0.
3,728.

Contingent Liabilities
Book Value (Rs)

2,166.
173.

Profit & Loss account of Nirma

------------------- in Rs. Cr. ------------------Mar '10

Mar '09

Mar '08

Mar '07

Mar '06

12 mths

12 mths

12 mths

12 mths

12 mths

Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
Expenditure

3,329.18
213.31
3,115.87
29.98
6.80
3,152.65

3,354.15
322.33
3,031.82
-74.03
31.08
2,988.87

2,650.97
317.91
2,333.06
25.22
25.96
2,384.24

2,541.12
295.32
2,245.80
-73.85
67.52
2,239.47

2,244.18
327.55
1,916.63
50.73
6.98
1,974.34

Raw Materials
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

1,369.83
394.83
113.45
35.47
551.20
64.26
0.00
2,529.04
Mar '10

1,483.04
401.06
99.00
33.44
423.43
48.06
0.00
2,488.03
Mar '09

1,136.25
278.53
81.65
25.46
412.11
39.60
0.00
1,973.60
Mar '08

1,139.59
256.27
65.10
24.03
412.59
49.19
0.00
1,946.77
Mar '07

951.90
225.86
43.80
29.49
175.83
26.69
0.00
1,453.57
Mar '06

12 mths

12 mths

12 mths

12 mths

12 mths

Operating Profit

593.63

574.87

385.42

366.55

470.04

PBDIT
Interest
PBDT
Depreciation
Other Written Off
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit

623.61
55.44
568.17
287.56
0.00
280.61
8.49
289.10
47.22
237.94

500.84
71.59
429.25
244.38
0.00
184.87
-0.15
184.72
31.29
93.43

410.64
23.31
387.33
226.65
0.00
160.68
53.72
214.40
-3.15
229.73

292.70
17.77
274.93
207.51
0.00
67.42
110.26
177.68
69.27
109.12

520.77
20.08
500.69
156.42
0.00
344.27
-0.25
344.02
102.64
241.38

Total Value Addition

Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)

1,159.21
0.00
71.61
11.91

1,004.99
0.10
63.66
10.82

837.35
0.00
63.83
10.85

807.18
0.17
63.79
8.97

501.67
0.17
59.54
8.37

Shares in issue (lakhs)

Earning Per Share (Rs)

1,591.42
14.95

1,591.42
5.86

1,591.42
14.44

1,587.69
6.86

793.85
30.38

90.00
173.86

80.00
163.44

80.00
162.26

80.00
152.86

75.00
257.63

Income

Equity Dividend (%)

Book Value (Rs)
Source : Dion Global Solutions Limited

Cash Flow of Nirma

------------------- in Rs. Cr. ------------------Mar '10

Mar '09

Mar '08

Mar '07

Mar '06

12 mths

12 mths

12 mths

12 mths

12 mths

Net Profit Before Tax

276.32

118.33

226.58

178.39

344.02

Net Cash From Operating Activities

Net Cash (used in)/from
Investing Activities
Net Cash (used in)/from Financing Activities
Net (decrease)/increase In Cash and Cash
Equivalents

305.19

384.20

219.93

154.72

369.19

-290.73

-764.09

-333.48

-24.71

0.74

-135.76

520.83

123.43

-339.12

-293.33

-121.30

140.94

9.88

-209.11

76.60

213.59
92.29

72.65
213.59

62.77
72.65

271.17
62.06

194.57
271.17

Opening Cash & Cash Equivalents

Closing Cash & Cash Equivalents

Key Financial Ratios of Nirma

------------------- in Rs. Cr. -------------------

Mar
'10

Mar '09

Mar '08

Mar '07

Mar '06

Face Value
Dividend Per Share
Operating Profit Per Share (Rs)
Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios

5.00
4.50
37.05
195.79
145.31
--

5.00
4.00
32.35
190.51
135.60
--

5.00
4.00
24.22
146.60
134.59
--

5.00
4.00
23.09
141.45
126.01
--

10.00
7.50
59.21
241.44
228.13
--

Operating Profit Margin(%)

Profit Before Interest And Tax Margin(%)
Gross Profit Margin(%)
Cash Profit Margin(%)
Adjusted Cash Margin(%)
Net Profit Margin(%)
Adjusted Net Profit Margin(%)
Return On Capital Employed(%)
Return On Net Worth(%)
Adjusted Return on Net Worth(%)
Return on Assets Excluding Revaluations
Return on Assets Including Revaluations
Return on Long Term Funds(%)
Liquidity And Solvency Ratios

18.92
9.60
9.69
16.44
16.44
7.56
7.56
8.91
8.59
8.30
173.86
173.86
9.58

16.98
8.83
8.92
14.40
14.40
3.05
3.05
8.05
3.58
7.55
163.44
163.44
9.40

16.51
6.73
6.80
16.50
16.50
9.74
9.74
6.02
8.89
6.28
162.26
162.26
6.69

16.32
6.92
17.35
13.79
14.33
4.75
5.29
7.57
4.49
5.00
152.86
152.86
8.58

24.52
15.96
25.35
20.24
20.13
12.28
12.17
15.10
11.79
11.68
8.26
8.26
15.43

1.18
1.42
0.35
0.25

0.99
1.37
0.43
0.22

1.26
1.07
0.17
0.06

1.02
1.07
0.13
--

1.80
1.55
0.17
0.15

Investment Valuation Ratios

Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio
Debt Coverage Ratios

Interest Cover
Total Debt to Owners Fund
Financial Charges Coverage Ratio
Financial Charges Coverage Ratio Post Tax
Management Efficiency Ratios

6.26
0.35
11.18
10.48

5.11
0.43
7.60
5.72

9.04
0.17
17.55
20.58

11.74
0.13
23.42
18.82

18.02
0.17
25.81
20.81

Inventory Turnover Ratio

Debtors Turnover Ratio
Investments Turnover Ratio
Fixed Assets Turnover Ratio
Total Assets Turnover Ratio
Asset Turnover Ratio

8.62
11.99
8.62
0.81
0.95
0.81

9.23
12.99
9.23
0.84
0.92
0.84

6.26
10.37
6.26
0.71
0.90
0.71

4.72
9.87
7.13
1.45
0.97
0.70

6.38
9.25
10.64
1.35
0.98
0.83

49.97
25.03
115.22

40.59
24.21
120.43

82.74
26.70
125.21

68.51
23.63
94.55

51.66
11.92
112.26

Material Cost Composition

Imported Composition of Raw Materials
Consumed
Selling Distribution Cost Composition
Expenses as Composition of Total Sales
Cash Flow Indicator Ratios

43.96

48.91

48.70

50.74

49.66

16.84

19.75

22.64

26.20

19.68

16.36
5.91

15.11
5.08

16.86
2.38

17.04
2.46

5.40
2.79

Dividend Payout Ratio Net Profit

Dividend Payout Ratio Cash Profit
Earning Retention Ratio
Cash Earning Retention Ratio
AdjustedCash Flow Times

35.10
15.89
63.66
83.86
1.86

79.80
22.05
62.08
83.11
2.53

32.50
16.36
53.99
80.81
1.14

66.78
22.99
40.07
77.88
0.99

28.15
17.07
71.60
82.83
0.88

Mar
'06

Mar '07

Mar '08

Mar '09

Mar '10

30.38
257.63

6.86
152.86

14.44
162.26

5.86
163.44

14.95
173.86

Average Raw Material Holding

Average Finished Goods Held
Number of Days In Working Capital
Profit & Loss Account Ratios

Earnings Per Share

Book Value
Source : Dion Global Solutions Limited

Capital Structure (Nirma)

Period

Instrument

Authorized
Capital

Issued Capital

-PAIDUP-

(Rs. cr)

(Rs. cr)

Shares (nos)

Face Value

Capital

From

To

2009

2010

Equity Share

140

79.59

159142282

79.57

2008

2009

Equity Share

140

79.59

159142282

79.57

2007

2008

Equity Share

140

79.59

159142282

79.57

2006

2007

Equity Share

95

79.4

158769368

79.38

2005

2006

Equity Share

95

79.4

79384684

10

79.38

2004

2005

Equity Share

95

79.4

79382484

10

79.38

2003

2004

Equity Share

95

79.4

79382484

10

79.38

2002

2003

Equity Share

100

79.4

79382484

10

79.38

2001

2002

Equity Share

100

79.4

79382484

10

79.38

2000

2001

Equity Share

100

79.4

79401376

10

79.4

1999

2000

Equity Share

100

33.88

33883500

10

33.88

1997

1999

Equity Share

100

33.88

33883100

10

33.88

1996

1997

Equity Share

99.98

33.88

33883500

10

33.88

1995

1996

Equity Share

99.98

16.28

16283500

10

16.28

1994

1995

Equity Share

39.98

16.28

16283500

10

16.28

1993

1994

Equity Share

19.5

16.28

16283500

10

16.28

1992

1993

Equity Share

19.5

12.21

1221260

100

12.21

Source : Dion Global Solutions Limited