Mar '16 Mar '15 Mar '14

Investment Valuation Ratios

Face Value 2 2 --
Dividend Per Share 18.25 16.25 --
Operating Profit Per Share (Rs) 66.25 69.79 --
Net Operating Profit Per Share (Rs) 641.77 613.38 --
Free Reserves Per Share (Rs) -- -- --
Bonus in Equity Capital 81.36 81.53 --
Profitability Ratios
Operating Profit Margin(%) 10.32 11.37 11.77
Profit Before Interest And Tax Margin(%) 8.31 9.24 10.04
Gross Profit Margin(%) 8.65 9.61 10.37
Cash Profit Margin(%) 9.24 9.62 9.74
Adjusted Cash Margin(%) 9.24 9.62 --
Net Profit Margin(%) 8.88 8.86 --
Adjusted Net Profit Margin(%) 8.54 8.52 9.39
Return On Capital Employed(%) 14.31 15.72 18.03
Return On Net Worth(%) 13.04 13.63 16.32
Adjusted Return on Net Worth(%) 11.67 12.67 --
Return on Assets Excluding Revaluations 436.97 398.78 --
Return on Assets Including Revaluations 437.14 398.95 --
Return on Long Term Funds(%) 15.45 17.03 --
Liquidity And Solvency Ratios
Current Ratio 1.35 1.34 --
Quick Ratio 1.43 1.43 --
Debt Equity Ratio 0.3 0.33 0.28
Long Term Debt Equity Ratio 0.2 0.23 0.16
Debt Coverage Ratios
Interest Cover 5.23 5.47 7.21
Total Debt to Owners Fund 0.3 0.33 --
Financial Charges Coverage Ratio 5.92 6.18 --
Financial Charges Coverage Ratio Post Tax 5.35 5.27 --
Management Efficiency Ratios
Inventory Turnover Ratio 32 26.07 28.83
Debtors Turnover Ratio 2.42 2.56 2.56
Investments Turnover Ratio 32 26.07 --
Fixed Assets Turnover Ratio 4.75 4.73 4.96
Total Assets Turnover Ratio 1.13 1.16 1.32
Asset Turnover Ratio 1.17 1.23 --

Average Raw Material Holding -- -- --

Average Finished Goods Held -- -- --
Number of Days In Working Capital -4.93 0.95 --
Profit & Loss Account Ratios
Material Cost Composition 16.68 14.64 --
Imported Composition of Raw Materials Consumed 19.23 26.6 --
Selling Distribution Cost Composition -- -- --
Expenses as Composition of Total Sales 18.54 16.55 --
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 32 29.87 --
Dividend Payout Ratio Cash Profit 26.93 24.9 --
Earning Retention Ratio 64.23 67.86 --
Cash Earning Retention Ratio 70.44 73.54 --
AdjustedCash Flow Times 2.13 2.16 --
Mar '14 Mar '13

2 2
14.25 18.5
71.93 104.11
610.62 989.19
-- --
81.77 73.07

11.77 10.52
10.04 8.9
10.37 9.18
9.74 8.72
9.74 8.72
9.7 8.06
9.39 7.82
18.03 20.03
16.32 16.86
14.57 15.98
362.95 473.24
363.16 473.57
19.82 20.44

1.27 1.31
1.38 1.29
0.28 0.27
0.16 0.25

7.21 7.57
0.28 0.27
7.94 8.41
6.84 6.83

28.83 29.78
2.56 2.95
28.83 29.78
4.96 5.17
1.32 1.64
1.41 1.72

-- --
 -- --
3.18 3.07

17.39 25.04
36.66 42
-- --
16.62 21.55

24.04 23.18
21.01 19.87
73.07 75.56
76.82 79.21
1.64 1.46
 Mar-16 Mar-15

Liquidity And Solvency Ratios

Current Ratio 1.35 1.34
Quick Ratio 1.43 1.43

Asset Management Ratios

Inventory Turnover Ratio 32 26.07
Fixed Assets Turnover Ratio 4.75 4.73
Total Assets Turnover Ratio 1.13 1.16
dso 161.3461 146.1768

debt management ratio

debt ratio 58.052% 57.327%
TIE 11.93887 18.76252

Profitability
Operating Profit Margin(%) 10.32 11.37
ROA(%) 5.68 6.06
ROE(%) 13.75 14.44
Gross Profit Margin(%) 8.65 9.61
BEP 6.891% 7.711%

Market
Earnings Per Share (Rs) 57.02 54.39
 Mar 16 Mar-15

12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 186.3 185.91
Total Share Capital 186.3 185.91
Revaluation Reserves 15.18 15.57
Reserves and Surplus 40,516.85 36,883.10
Total Reserves and Surplus 40,532.03 36,898.67
Total Shareholders Funds 40,718.33 37,084.58
NON-CURRENT LIABILITIES
Long Term Borrowings 8,339.27 8,508.60
Deferred Tax Liabilities [Net] 203.36 362.99
Other Long Term Liabilities 152.54 119.62
Long Term Provisions 370.23 350.45
Total Non-Current Liabilities 9,065.40 9,341.66
CURRENT LIABILITIES
Short Term Borrowings 3,881.87 3,791.08
Trade Payables 22,118.80 18,844.77
Other Current Liabilities 18,591.69 15,340.79
Short Term Provisions 2,693.62 2,500.88
Total Current Liabilities 47,285.98 40,477.52
Total Capital And Liabilities 97,069.71 86,903.76
ASSETS
NON-CURRENT ASSETS
Tangible Assets 7,120.59 7,402.20
Intangible Assets 138.4 85.16
Capital Work-In-Progress 250.69 304.54
Intangible Assets Under Development 158.91 189.5
Fixed Assets 7,668.59 7,981.40
Non-Current Investments 19,897.94 17,672.82
Long Term Loans And Advances 3,031.73 2,720.83
Other Non-Current Assets 187.89 127.86
Total Non-Current Assets 30,786.15 28,502.91
CURRENT ASSETS
Current Investments 4,670.98 5,380.08
Inventories 1,888.00 2,207.79
Trade Receivables 26,309.19 23,051.11
Cash And Cash Equivalents 1,680.91 1,515.80
Short Term Loans And Advances 10,205.15 7,812.35
OtherCurrentAssets 21,529.33 18,433.72
Total Current Assets 66,283.56 58,400.85
Total Assets 97,069.71 86,903.76

OTHER ADDITIONAL INFORMATION

CONTINGENT LIABILITIES, COMMITMENTS

Contingent Liabilities 19,427.25 22,896.78

CIF VALUE OF IMPORTS
Raw Materials 1,736.06 1,412.86
Stores, Spares And Loose Tools 1,178.96 1,074.52
Capital Goods 120.88 219.69

EXPENDITURE IN FOREIGN EXCHANGE

Expenditure In Foreign Currency 8,212.48 6,936.27

REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS

Dividend Remittance In Foreign Currency 35.72 29.97

EARNINGS IN FOREIGN EXCHANGE

FOB Value Of Goods 878.06 687.45

Other Earnings 10,210.97 8,753.27
BONUS DETAILS
Bonus Equity Share Capital 151.59 151.59
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 7,468.59 8,060.92
Non-Current Investments Unquoted Book Value 18,429.76 16,058.34
CURRENT INVESTMENTS
Current Investments Quoted Market Value 2,092.35 2,342.93
Current Investments Unquoted Book Value 2,661.88 3,124.14
 Mar-15 Mar-14 Mar-14

12 mths 12 mths 12 mths

185.91 185.38 185.38

185.91 185.38 185.38
15.57 19.25 19.25
36,883.10 33,457.20 33,457.20
36,898.67 33,476.45 33,476.45
37,084.58 33,661.83 33,661.83

8,508.60 5,478.14 5,478.14

362.99 409.92 409.92
119.62 93.57 93.57
350.45 299.61 299.61
9,341.66 6,281.24 6,281.24

3,791.08 5,980.78 3,876.04

18,844.77 16,345.45 16,345.45
15,340.79 13,921.76 16,026.50
2,500.88 2,113.52 2,113.52
40,477.52 38,361.51 38,361.51
86,903.76 78,304.58 78,304.58

7,402.20 7,560.81 7,560.81

85.16 113.99 113.99
304.54 411.86 411.86
189.5 150.55 150.55
7,981.40 8,237.21 8,237.21
17,672.82 15,168.41 15,168.41
2,720.83 3,721.57 3,721.57
127.86 62.78 62.78
28,502.91 27,189.97 27,189.97

5,380.08 4,046.23 4,046.23

2,207.79 1,982.53 1,982.53
23,051.11 21,538.76 21,538.76 dso 161.3461 146.1768
1,515.80 1,782.86 1,782.86 debt ratio 58.0525% 57.3268%
7,812.35 6,345.65 6,345.66 TIE 11.93887 18.76252
18,433.72 15,418.58 15,418.57 BEP 0.06891 0.077111
58,400.85 51,114.61 51,114.61
86,903.76 78,304.58 78,304.58

22,896.78 15,044.54 14,905.54

1,412.86 1,954.36 1,954.36

1,074.52 1,701.93 1,701.93
219.69 205.37 205.37

6,936.27 6,003.34 6,003.34

29.97 36.27 36.27

687.45 1,006.72 1,006.72

8,753.27 8,403.03 8,403.03

151.59 151.59 151.59

8,060.92 9,740.38 9,740.38

16,058.34 13,476.54 13,476.54

2,342.93 1,798.22 1,798.22

3,124.14 2,291.84 2,291.84
 Mar 16

12 mths

INCOME
Revenue From Operations [Gross] 59,517.13
Less: Excise/Sevice Tax/Other Levies 635.39
Revenue From Operations [Net] 58,881.74
Other Operating Revenues 897.87
Total Operating Revenues 59,779.61
Other Income 2,405.97
Total Revenue 62,185.58
EXPENSES
Cost Of Materials Consumed 7,396.35
Purchase Of Stock-In Trade 1,129.18
Operating And Direct Expenses 37,988.58
Changes In Inventories Of FG,WIP And Stock-In Trade 114.98
Employee Benefit Expenses 4,480.20
Finance Costs 1,449.04
Depreciation And Amortisation Expenses 998.88
Other Expenses 2,505.07
Less: Amounts Transfer To Capital Accounts 5.53
Total Expenses 56,056.75
Mar-16

12 mths

Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax 6,128.83

Exceptional Items 560.28
Profit/Loss Before Tax 6,689.11

Tax Expenses-Continued Operations

Current Tax 1,551.19

Deferred Tax -173.54
Total Tax Expenses 1,377.65
Profit/Loss After Tax And Before ExtraOrdinary Items 5,311.46
Profit/Loss From Continuing Operations 5,311.46
Profit/Loss For The Period 5,311.46
Mar-16

12 mths

OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE

Basic EPS (Rs.) 57.07
Diluted EPS (Rs.) 56.8

VALUE OF IMPORTED AND INDIGENIOUS RAW MATERIALS

Imported Raw Materials 1,422.32

Indigenous Raw Materials 5,974.03

STORES, SPARES AND LOOSE TOOLS

Imported Stores And Spares 189.12

Indigenous Stores And Spares 987.01

DIVIDEND AND DIVIDEND PERCENTAGE

Equity Share Dividend 1,699.95

Tax On Dividend 140.88
Equity Dividend Rate (%) 913
 Mar-15 Mar-15 Mar-14 Mar-14

12 mths 12 mths 12 mths 12 mths

57,558.07 56,791.13 57,163.85 56,567.18

540.66 540.66 564.93 564.93
57,017.41 56,250.47 56,598.92 56,002.25
0 766.94 0 596.67
57,017.41 57,017.41 56,598.92 56,598.92
2,283.37 2,283.37 1,880.89 1,880.89
59,300.78 59,300.78 58,479.81 58,479.81

5,224.66 5,224.66 6,002.80 6,002.80

1,296.75 1,296.75 1,922.16 1,922.16
38,153.67 38,153.67 35,311.46 35,316.52
-278.53 -278.53 110.03 110.03
4,150.84 4,150.84 4,662.37 4,656.90
1,419.03 1,419.03 1,076.08 1,076.08
1,008.15 1,008.15 792.42 792.42
1,997.11 1,997.11 1,932.03 1,932.44
14.96 14.96 8.95 8.95
52,956.72 52,956.72 51,800.40 51,800.40
Mar-15 Mar-15 Mar-14 Mar-14

12 mths 12 mths 12 mths 12 mths

6,344.06 6,344.06 6,679.41 6,679.41

357.16 357.16 588.5 588.5
6,701.22 6,701.22 7,267.91 7,267.91

1,628.74 1,628.74 1,686.53 1,686.53

16.3 16.3 88.25 88.25
1,645.04 1,645.04 1,774.78 1,774.78
5,056.18 5,056.18 5,493.13 5,493.13
5,056.18 5,056.18 5,493.13 5,493.13
5,056.18 5,056.18 5,493.13 5,493.13
Mar-15 Mar-15 Mar-14 Mar-14

12 mths 12 mths 12 mths 12 mths

54 54.46 59 59.36
 54 54.1 59 59

1,390.20 1,390.20 2,200.97 2,200.97

3,834.46 3,834.46 3,801.83 3,801.83

258.16 258.16 0 193.07

1,190.00 1,190.00 0 1,294.69

1,510.54 1,510.54 1,320.85 1,320.85

134.33 134.33 77.8 77.8
813 813 713 713
434.53