bal. and p&l(1)
TRANSCRIPT
-
8/4/2019 BAL. AND P&L(1)
1/14
BALANCE SHEET
AS AT MARCH 31, 2009 (Rs. in Millio
Schedule
SOURCES OF FUNDS
SHAREHOLDERS' FUNDS
Capital 1 1,445 1,445
Reserves and Surplus 2 92,004 93,449 82,709 84,15
LOAN FUNDS
Secured Loans 3 1 1
Unsecured Loans 4 6,988 6,989 9,001 9,00
DEFERRED TAX (Note 19 on Schedule 23)
Deferred Tax Liabilities 2,340 2,697
Deferred Tax Assets (789) 1,551 (996) 1,70
Total 101,989 94,85
APPLICATION OF FUNDS FIXED ASSETS
FIXED ASSETS 5
Gross Block 87,206 72,853
Less: Depreciation (46,498) (39,888)
40,708 32,965
Capital Work-In-Progress 6 8,613 49,321 7,363 40,32
INVESTMENTS 7 31,733 51,80
CURRENT ASSETS, LOANS AND ADVANCES
Inventories 8 9,023 10,380
Sundry Debtors 9 9,189 6,555
Cash and Bank Balances 10 19,390 3,305
Other Current Assets 11 981 331
Loans and Advances 12 16,328 10,408
54,911 30,979
LESS: CURRENT LIABILITIES AND PROVISIONS
Current Liabilities 13 30,169 24,562Provisions 14 3,807 3,695
33,976 28,257
Net Current Assets 20,935 2,7
Total 101,989 94,85
SIGNIFICANT ACCOUNTING POLICIES 22
NOTES TO ACCOUNTS 23
As at 31.03.09 As at 31.03.08
-
8/4/2019 BAL. AND P&L(1)
2/14
LIQUIDITY RATIOS
Current assests, Loans and Advances
Current Liabilities and Provision
Current assests, Loans and Advances - Inventories
Current Liabilities and Provision - Bank Overdraft
Absolute Liquid Assets
Current Liabilities
LEVERAGE RATIO
Debt
Equity
Shareholders Net Worth
Total Assets
TURNOVER RATIO
Cost of Goods sold
Average Inventory
Credit Sales
Average Debtors
Bad Debts
Sales
Net Credit Purchases
Average Creditors
PROFITABILITY RATIO
Gross Profit X 100
4 Debt Equity Ratio =
5 Net Worth Ratio=
1 Current Ratio=
2 Quick Liquid Ratio=
3 Absolute Liquid Ratio=
6 Inventory Turnover Ratio=
7 Debtor Turnover Ratio=
8 Bad Debts to Sales Ratio=
9 Creditors Turnover Ratio=
=
-
8/4/2019 BAL. AND P&L(1)
3/14
Sales
Net profit before Interest and Tax X 100
Sales
Expenses X 100
Net Sales
Profit before Interest, Depriciation and Tax
Interest
Profit after Tax + Depriciation + Interest on Loan
Interest on Loan + Loan Repayment in a Year
Net Profit after Tax X 100
Total Assets
Profit after Tax X Net Sales X Total Assets
Net sales X Total Assets X Net worth
Cost of Goods sold + Operating expenses
Net Sales
MARKET BASED RATIO
Net profit after Tax and Preference Dividend
No. of Equity Shares
11 Net Profit Margin=
15 Return on Total Assets=
16 Return on Equity =
12 Expense Ratio=
13 Interest Cover=
14 Debt Service Coverage Ratio=
17 Operating Ratios=
18 Earning per Share(EPS)=
-
8/4/2019 BAL. AND P&L(1)
4/14
Ratios Of the Year
2008-2009
Ratios Of the Year
2009-2010
1.62 1.06
1.35 0.72
0.64 0.03
0.98 1.35
19.73 17.49
22.16 35.76
0.02 0.02
0.17 0.20
0.22 0.11
-
8/4/2019 BAL. AND P&L(1)
5/14
5.28 7.85
92.15 89.41
47.71 132.87
38.75 100.18
8.96 15.27
0.13 0.21
1.86 1.81
42.18 86.45
-
8/4/2019 BAL. AND P&L(1)
6/14
PROFIT & LOSS ACCOUNT
FOR THE YEAR ENDED MARCH 31, 2009 (Rs. in Million)
Schedule
For the year
ended 31.03.09
For the year
ended 31.03.08
INCOME
Gross Sales 15 230,852 209,493
less: Excise Duty 27,269 30,890
Net Sales 203,583 178,603
Income from Services [Net of expenses Rs 153 million 970 759
(Previous year Rs 208 million)]
Other Income 16 9,985 8,371
Total 214,538 187,733
EXPENDITURE
Consumption of Raw Materials and Components 150,598 130,342
(Note 4,14 and 17 on Schedule 23)
Purchase of Traded Goods 7,256 7,771
Consumption of Stores 1,978 1,470
"Employees Remuneration and Benefits
(Note 8 and 24 on Schedule 23)" 17 4,711 3,562
Manufacturing, Administrative and Other Expenses 18 15,685 10,793
Selling and Distribution Expenses 19 7,382 5,602
Total 187,610 159,540
Less: Vehicles/ Dies for Own Use 223 198
Add : (Increase) /Decrease in Work-in-Progress and
Finished Goods and Spare Parts 21 2,818 (2,917)
Total 190,205 156,425
Earnings before Interest, Depreciation,
Tax and Amortizations (EBIDTA) 24,333 31,308
Interest 20 510 596
Depreciation 5 7,065 5,682
7,575 6,278
Profit before Tax 16,758 25,030
Less : Tax Expense - Current Tax 4,592 7,509
Deferred Tax (Note 19 on Schedule 23) (118) 26
Fringe Benefit Tax 97 98
Previous Years 89
Profit after Tax 12,187 17,308
Add: Brought forward from previous year's account 70,257 56,373
Profit available for appropriation 82,444 73,681
Less: Appropriation :
General Reserve 1,219 1,731
Proposed Dividend 1,011 1,445
Corporate Dividend Tax 172 248
Balance carried forward to Balance Sheet 80,042 70,257
Basic/Diluted Earnings Per Share (in Rupees)
(Note 18 on Schedule 23) 42.18 59.91
SIGNIFICANT ACCOUNTING POLICIES 22
NOTES TO ACCOUNTS 23
-
8/4/2019 BAL. AND P&L(1)
7/14
BALANCE SHEET
AS AT MARCH 31, 2010 (Rs. in Millio
Schedule
SOURCES OF FUNDS
SHAREHOLDERS' FUNDS
Capital 1 1,445 1,445
Reserves and Surplus 2 116,906 118,351 92,004 93,44
LOAN FUNDS
Secured Loans 3 265 1
Unsecured Loans 4 7,949 8,214 6,988 6,9
DEFERRED TAX (Note 19 on Schedule 23)
Deferred Tax Liabilities 2,206 2,340
Deferred Tax Assets (836) 1,370 (789) 1,5
Total 127,935 101,9
APPLICATION OF FUNDS FIXED ASSETS
FIXED ASSETS 5
Gross Block 104,067 87,206
Less: Depreciation (53,820) (46,498)
50,247 40,708
Capital Work-In-Progress 6 3,876 54,123 8,613 49,32
INVESTMENTS 7 71,766 31,73
CURRENT ASSETS, LOANS AND ADVANCES
Inventories 8 12,088 9,023
Sundry Debtors 9 8,099 9,189
Cash and Bank Balances 10 982 19,390
Other Current Assets 11 848 981
Loans and Advances 12 15,707 16,328
37,724 54,911
LESS: CURRENT LIABILITIES AND PROVISIONS
Current Liabilities 13 29,394 30,169Provisions 14 6,284 3,807
35,678 33,976
Net Current Assets 2,046 20,93
Total 127,935 101,9
SIGNIFICANT ACCOUNTING POLICIES 22
NOTES TO ACCOUNTS 23
As at 31.03.10 As at 31.03.09
-
8/4/2019 BAL. AND P&L(1)
8/14
PROFIT & LOSS ACCOUNT
FOR THE YEAR ENDED MARCH 31, 2010 (Rs. in Million)
Schedule
For the year
ended 31.03.10
For the year
ended 31.03.09
INCOME
Gross Sales 15 318,073 230,852
less: Excise Duty 28,488 27,269
Net Sales 289,585 203,583
Income from Services [Net of expenses Rs 153 million 1,404 970
(Previous year Rs 208 million)]
Other Income 16 10,209 9,985
Total 301,198 214,538
EXPENDITURE
Consumption of Raw Materials and Components 214,881 150,598
(Note 4,14 and 17 on Schedule 23)
Purchase of Traded Goods 9,050 7,256
Consumption of Stores 2,432 1,978
"Employees Remuneration and Benefits
(Note 8 and 24 on Schedule 23)" 17 5,456 4,711
Manufacturing, Administrative and Other Expenses 18 17,938 15,685
Selling and Distribution Expenses 19 9,160 7,382
Total 258,917 187,610
Less: Vehicles/ Dies for Own Use 296 223
Add : (Increase) /Decrease in Work-in-Progress and
Finished Goods and Spare Parts 21 (1,933) 2,818
Total 256,688 190,205
Earnings before Interest, Depreciation,
Tax and Amortizations (EBIDTA) 44,510 24,333
Interest 20 335 510
Depreciation 5 8,250 7,065
8,585 7,575
Profit before Tax 35,925 16,758
Less : Tax Expense - Current Tax 11,230 4,592
Deferred Tax (Note 19 on Schedule 23) (281) (118)
Fringe Benefit Tax 97
Previous Year
Profit after Tax 24,976 12,187
Add: Brought forward from previous year's account 80,042 70,257
Profit available for appropriation 105,018 82,444
Less: Appropriation :
General Reserve 2,498 1,219
Proposed Dividend 1,733 1,011
Corporate Dividend Tax 288 172
Balance carried forward to Balance Sheet 100,499 80,042
Basic/Diluted Earnings Per Share (in Rupees)
(Note 18 on Schedule 23) 86.45 42.18
SIGNIFICANT ACCOUNTING POLICIES 22
NOTES TO ACCOUNTS 23
-
8/4/2019 BAL. AND P&L(1)
9/14
-
8/4/2019 BAL. AND P&L(1)
10/14
-
8/4/2019 BAL. AND P&L(1)
11/14
-
8/4/2019 BAL. AND P&L(1)
12/14
Jun '11 Mar '11
Sales Turnover 8,529.30 9,905.85
Other Income 180.07 119.87
Total Income 8,709.37 10,025.72
Total Expenses 7,714.90 8,701.55
Operating Profit 814.4 1,204.30Profit On Sale Of Assets -- --
Profit On Sale Of Investments -- --
Gain/Loss On Foreign Exchange -- --
VRS Adjustment -- --
Other Extraordinary Income/Expenses -- --
Total Extraordinary Income/Expenses -- --
Tax On Extraordinary Items -- --
Net Extra Ordinary Income/Expenses -- --
Gross Profit 994.47 1,324.17
Interest 5.75 6.35
PBDT 988.72 1,123.24
Depreciation 242.47 296.67
Depreciation On Revaluation Of Assets -- --
PBT 746.25 826.57
Tax 197.02 166.71
Net Profit 549.23 659.86
Prior Years Income/Expenses -- --
Depreciation for Previous Years Written Back/ Provided -- --
Dividend -- --
Dividend Tax -- --
Dividend (%) -- --
Earnings Per Share 19.01 22.84
Book Value -- --
Equity 144.46 144.46
Reserves -- --
Face Value 5 5
-
8/4/2019 BAL. AND P&L(1)
13/14
COMMON SIZE INCOME STATEMENT
Schedule
SOURCES OF FUNDS
SHAREHOLDERS' FUNDS
Capital 1 1.52
Reserves and Surplus 2 87.19 88.72
LOAN FUNDSSecured Loans 3 0.00
Unsecured Loans 4 9.49 9.49
DEFERRED TAX (Note 19 on Schedule 23)
Deferred Tax Liabilities 2.84
Deferred Tax Assets (1.05) 1.79
Total 100.00
APPLICATION OF FUNDS FIXED ASSETS
FIXED ASSETS 5
Gross Block 76.80
Less: Depreciation (42.05)
34.75
Capital Work-In-Progress 6 7.76 42.51
INVESTMENTS 7 54.62
CURRENT ASSETS, LOANS AND ADVANCES
Inventories 8 10.94
Sundry Debtors 9 6.91
Cash and Bank Balances 10 3.48
Other Current Assets 11 0.35
Loans and Advances 12 10.97
32.66
LESS: CURRENT LIABILITIES AND PROVISIONSCurrent Liabilities 13 25.89
Provisions 14 3.90
29.79
Net Current Assets 2.87
Total 100.00
As at 31.03.08
-
8/4/2019 BAL. AND P&L(1)
14/14
1.42 - 1.13
90.21 91.63 91.38 92.51
- -0.00 - 0.21
6.85 6.85 6.21 6.42
- -
2.29 - 1.72
(0.77) 1.52 (0.65) 1.07
- 100.00 100.00
-
-
85.51 81.34
(45.59) (42.07)
39.91 39.28
8.45 48.36 3.03 42.31
31.11 56.10
8.85 9.45
9.01 6.33
19.01 0.77
0.96 0.66
16.01 12.28
53.84 29.49
-29.58 22.98
3.73 4.91
33.31 27.89
- 20.53 1.60
- 100.00 100.00
As at 31.03.09 As at 31.03.10