Accounts Assignment - Ratios

Company : Madras Aluminium Team Members 1) Harikrishnan Natraj 2) Bhupendra Malviya 3) Chirag Thakkar 4) Gaurav Khanna

Balance Sheet of Madras Aluminium Company Sources Of Funds Total Share Capital Equity Share Capital Share Application Money Preference Share Capital Reserves Revaluation Reserves Networth Secured Loans Unsecured Loans Total Debt Total Liabilities Application Of Funds Gross Block Less: Accum. Depreciation Net Block Capital Work in Progress Investments 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 Miscellaneous Expenses Total Assets Contingent Liabilities Book Value (Rs) Mar '10 22.5 22.5 0 0 493.84 0 516.34 1.05 0 1.05 517.39 Mar '10 603.99 287.51 316.48 6.64 107.04 32.02 44.97 210.52 287.51 38.69 0 326.2 0 210.82 28.15 238.97 87.23 0 517.39 21.42 45.9

------------------- in Rs. Cr. ------------------Mar '09 22.5 22.5 0 0 369.43 4.2 396.13 4.47 0 4.47 400.6 Mar '09 509.13 258.46 250.67 86.28 72.91 28 31.95 2.36 62.31 51.06 170.54 283.91 0 265.97 27.22 293.19 -9.28 0 400.58 30.83 34.84 Mar '08 22.5 22.5 0 0 347.25 4.3 374.05 21.77 0 21.77 395.82 Mar '08 504.83 235.65 269.18 32.39 45.88 83.1 38.52 2.03 123.65 34.53 178.74 336.92 0 258.9 29.66 288.56 48.36 0 395.81 98.79 164.33 Income

Profit & Loss account of Madras Aluminiu Particulars Sales Turnover Excise Duty Net Sales Other Income Stock Adjustments Total Income Expenditure Raw Materials Power & Fuel Cost Employee Cost Other Manufacturing Expenses Selling and Admin Expenses Miscellaneous Expenses Preoperative Exp Capitalised Total Expenses Operating Profit PBDIT Interest PBDT Depreciation Other Written Off Profit Before Tax Extra-ordinary items PBT (Post Extra-ord Items) Tax Reported Net Profit Total Value Addition Preference Dividend Equity Dividend Corporate Dividend Tax Per share data (annualised) Shares in issue (lakhs) Earning Per Share (Rs) Equity Dividend (%) Book Value (Rs)

account of Madras Aluminium Company Mar '10 469.87 0.5 469.37 19.61 -15.59 473.39 206.45 2.73 13.05 7.54 0 25.26 0 255.03 198.75 218.36 12.26 206.1 29 0 177.1 0 177.1 30.57 146.55 48.57 0 22.5 3.74 1,125.00 13.03 100 45.9 Mar '09 542.2 50.03 492.17 10.65 -12.96 489.86 347.25 18.19 32.61 5.65 9.5 3.1 0 416.3 62.91 73.56 3.26 70.3 22.85 0 47.45 0 47.45 1.59 45.86 69.04 0 20.25 3.44 1,125.00 4.08 90 34.84 Mar '08 549.96 75.88 474.08 3.17 1.27 478.52 308.47 20.52 30.43 7.12 10.19 3.26 0 379.99 95.36 98.53 0.78 97.75 21.95 0 75.8 2.12 77.92 12.66 65.28 71.51 0 20.25 3.44 225 29.01 90 164.33

Per share data (annualised)

Ratio Name
Current Ratio Quick Ratio

Description Liquidity Ratios

Current ratio is the proportion of current assets to current liabilities. It is the ratio of quick (or liquid) asset to current liabilities. CA includes all current assets excluding closing stock and prepaid expenses.

Solvency Ratios
Debt-Equity Ratio Debt Equity Ratio measures the relationship between long-term debt and equity. Where Shareholders Funds(equity) = Equity Share Capital + Reserves and Surplus Fictitious Assets + Preference Share Capital Long-term Funds = Debentures + Long-term Loans

Debt Ratio

The Debt Ratio refers to the ratio of long-term debt to the total of external and internal funds

Proprietary ratio

Proprietary ratio expresses relationship of proprietors (shareholders) funds to net assets This ratio measures the extent of the coverage of long-term debt by assets.

Total Assets to Debt Ratio Fixed Assets Turnover Ratio Net profit Ratio

Activity Ratios
It reflects relationship between employed in the business. Higher turnover means better liquidity and profitability.

Profitabilty Ratios
It relates sales to net profit after operational as well as non-operational expenses and incomes

Earnings per Share earnings refer to profit available for equity shareholders which is worked out as Profit after Tax Dividend on Preference Shares Dividend Payout Ratio This refers to the proportion of earning that are distributed against the shareholders

Formula
Current Ratio = Current Assets / Current Liabilities Quick ratio = Quick Assets / Current Liabilities

Year 2010 Year 2009 Year 2008

ity Ratios
1.37 1.23 0.97 0.87 1.17 0.88

ncy Ratios
Debt-Equity ratio = Long-term Debts/ Shareholders Fund (Net Worth)

0.0020

0.01

0.06

Long-term Debt/ Capital Employed (or Net Assets) Cap Emp = FA+CA-CL Shareholders Funds/ Capital employed (or net assets) Total assets/Long-term debt

0.0020

0.01

0.06

1.00

0.99

0.95

492.75

89.62

18.18

ty Ratios
Net Sales/Net Fixed Assets 1.48 1.96 1.76

bilty Ratios
Net profit after tax & interest / Sales 100 31.22 9.32 13.77

Profit available for equity shareholders/ No. of Equity Shares Dividend Per Share/ Earnings Per Share

13.03

4.08

29.01

0.15

0.44

0.06