Ranbaxy Laboratories

Key Financial Ratios ------------------- in Rs. Cr. -------------------

Dec '06 Dec '07 Dec '08 Dec '09 Dec '10

Investment Valuation Ratios

Face Value 5 5 5 5 5

Dividend Per Share 8.5 8.5 -- -- 2

Operating Profit Per Share (Rs) 16.96 10.72 5.97 15.5 29.98
Net Operating Profit Per Share
(Rs) 111.76 115.07 110.67 113.73 134.1

Free Reserves Per Share (Rs) 57.48 62.52 80.8 88.9 112.02

Bonus in Equity Capital 78.8 78.72 69.86 69.85 69.75

Profitability Ratios

Operating Profit Margin(%) 15.17 9.31 5.39 13.62 22.35

Profit Before Interest And Tax
Margin(%) 12.52 6.52 2.03 10.31 17.77

Gross Profit Margin(%) 14.39 7.51 2.07 10.52 18.31

Cash Profit Margin(%) 11.61 17.08 16.25 4.53 16.55

Adjusted Cash Margin(%) 12.9 3.87 16.25 4.53 16.55

Net Profit Margin(%) 9.07 14.33 -22.02 11.72 19.74

Adjusted Net Profit Margin(%) 10.36 1.12 -22.02 11.72 19.74

Return On Capital
Employed(%) 10.05 4.93 2.52 8.03 12.82

Return On Net Worth(%) 16.19 24.34 -29.5 14.44 22.41

Adjusted Return on Net
Worth(%) 18.5 1.9 17.4 1.84 14.33
Return on Assets Excluding
Revaluations 5.41 68.01 84.24 94.16 121.74

Return on Assets Including

Revaluations 5.41 68.01 84.24 94.16 121.74
Return on Long Term
Funds(%) 12.23 6.19 2.94 9.02 15

Liquidity And Solvency Ratios

Current Ratio 0.96 0.83 1.16 1.18 1.4

Quick Ratio 1.03 0.97 0.86 0.89 1.6

Debt Equity Ratio 1.35 1.38 1.05 0.85 0.83

Long Term Debt Equity Ratio 0.93 0.9 0.8 0.68 0.57
Debt Coverage Ratios
Interest Cover 9.51 3.19 1.29 15.24 22.22

Total Debt to Owners Fund 1.35 1.38 1.05 0.85 0.83

Financial Charges Coverage

Ratio 11.33 4.46 2.35 18.99 26.44

Financial Charges Coverage

Ratio Post Tax 9.34 8.88 -5.11 19.25 26.41

Management Efficiency Ratios

Inventory Turnover Ratio 4.39 4.42 4.07 4.05 3.95

Debtors Turnover Ratio 4.58 4.53 4.88 3.74 3.99

Investments Turnover Ratio 4.66 4.67 4.07 4.05 3.95

Fixed Assets Turnover Ratio 2.73 2.71 2.14 2 2.13

Total Assets Turnover Ratio 0.78 0.73 0.64 0.66 0.61

Asset Turnover Ratio 2.12 2.08 2.14 2 2.13

Average Raw Material Holding 112.48 99.69 121.93 137.88 134.51

Average Finished Goods Held 39.36 35.13 34.66 35.02 40.24

Number of Days In Working
Capital 96.18 84.44 150.02 123.55 226.11

Profit & Loss Account Ratios

Material Cost Composition 41.01 43.35 44.05 40.08 38.63

Imported Composition of Raw

Materials Consumed 55.17 51.63 51.56 65.79 50.65

Selling Distribution Cost

Composition 12.98 14.01 12.84 7.74 7.42

Expenses as Composition of
Total Sales 66.16 61.98 61.34 65.59 67.06

Cash Flow Indicator Ratios

Dividend Payout Ratio Net

Profit 94.95 60.06 -- -- 8.54
Dividend Payout Ratio Cash
Profit 74.15 50.38 -- -- 7.13

Earning Retention Ratio 16.89 -668.18 -- 100 86.64

Cash Earning Retention Ratio 33.28 -122.14 100 100 89.81

AdjustedCash Flow Times 5.87 20.97 4.83 15.13 4.42

Dec '06 Dec '07 Dec '08 Dec '09 Dec '10
Earnings Per Share 10.21 16.56 -24.85 13.61 27.28

Book Value 63.03 68.01 84.24 94.16 121.74