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Indian hotels company ltd.

Consolidated Balance Sheet(in Crores)


Mar 17 Mar-16 Mar-15 Mar-14 Mar-13

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES


SHAREHOLDER'S FUNDS
Equity Share Capital 98.93 98.93 80.75 80.75 80.75
Total Share Capital 98.93 98.93 80.75 80.75 80.75
Revaluation Reserves 0 0 50.39 56.15 46.75
Reserves and Surplus 2,418.76 3,083.04 2,096.08 2,499.56 2,851.78
Total Reserves and Surplus 2,418.76 3,083.04 2,146.47 2,555.71 2,898.53
Total Shareholders Funds 2,517.69 3,181.97 2,227.22 2,636.46 2,979.28
Minority Interest 737.82 835.34 737.84 735.86 707.72
NON-CURRENT LIABILITIES
Long Term Borrowings 2,789.86 3,684.80 4,597.67 3,023.88 3,431.18
Deferred Tax Liabilities [Net] 317.25 371.66 251.64 165.58 128.79
Other Long Term Liabilities 356.83 488.77 585.91 77.94 76.22
Long Term Provisions 75.56 78.82 54.44 604.25 695.98
Total Non-Current Liabilities 3,539.50 4,624.05 5,489.66 3,871.65 4,332.17
CURRENT LIABILITIES
Short Term Borrowings 18.16 110.23 33.39 221.25 247.67
Trade Payables 293.06 381.34 331.15 341.33 319.96
Other Current Liabilities 1,392.84 1,622.57 957.06 1,442.28 574.63
Short Term Provisions 135.21 189.07 110.66 269.74 135.13
Total Current Liabilities 1,839.27 2,303.21 1,432.26 2,274.60 1,277.39
Total Capital And Liabilities 8,634.28 10,944.57 9,886.98 9,518.57 9,296.56
ASSETS
NON-CURRENT ASSETS
Tangible Assets 4,618.48 6,620.43 5,766.89 5,585.83 5,342.48
Intangible Assets 641.35 68.89 53.85 48.87 40.46
Capital Work-In-Progress 222.25 307.04 302.76 548.96 400.57
Intangible Assets Under Developme 0.42 0.74 2.97 5.23 20.93
Fixed Assets 5,482.50 6,997.10 6,126.47 6,188.89 5,804.44
Non-Current Investments 1,152.91 914.09 1,040.59 1,319.28 1,522.61
Deferred Tax Assets [Net] 35.21 5 3.1 4.09 4.45
Long Term Loans And Advances 15.09 546.01 498.79 459.89 476.42
Other Non-Current Assets 466.67 14.71 17.09 28.95 26.49
Total Non-Current Assets 7,707.94 9,822.92 8,164.49 8,581.19 8,347.24
CURRENT ASSETS
Current Investments 90.8 184.79 546.31 107.93 40.69
Inventories 80.44 98.08 102.96 102.07 96.74
Trade Receivables 272.06 331.69 503.57 280.49 273.98
Cash And Cash Equivalents 247.06 210.22 299.82 183.55 210.06
Short Term Loans And Advances 49.02 216.41 195.33 190.42 256.04
OtherCurrentAssets 186.96 80.46 74.5 72.92 71.81
Total Current Assets 926.34 1,121.65 1,722.49 937.38 949.32
Total Assets 8,634.28 10,944.57 9,886.98 9,518.57 9,296.56
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 151.71 738.87 696.43 714.43 630.59
BONUS DETAILS
Bonus Equity Share Capital 29.79 29.79 29.79 29.79 29.79
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted M 878.82 568.16 694.16 774.42 428.86
Non-Current Investments Unquoted 465.54 162.9 193.09 418.28 472.7
CURRENT INVESTMENTS
Current Investments Unquoted Book 90.8 184.79 546.31 107.93 40.69

Source : Dion Global Solutions Limited

Income statement
Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------
Mar 17 Mar-16 Mar-15 Mar-14 Mar-13

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME
Revenue From Operations [Gross] 3,835.31 4,590.92 4,188.64 4,066.19 3,743.36
Revenue From Operations [Net] 3,835.31 4,590.92 4,188.64 4,066.19 3,743.36
Other Operating Revenues 174.95 0 0 0 0
Total Operating Revenues 4,010.26 4,590.92 4,188.64 4,066.19 3,743.36
Other Income 54.94 115.35 98.71 59.75 60.16
Total Revenue 4,065.20 4,706.27 4,287.35 4,125.94 3,803.52
EXPENSES
Operating And Direct Expenses 1,229.61 1,500.69 1,394.29 1,349.74 1,211.78
Employee Benefit Expenses 1,364.65 1,609.71 1,462.46 1,372.19 1,271.75
Finance Costs 323.83 245.96 175.57 168.51 170.74
Depreciation And Amortisation Exp 299.37 316.67 291.29 308.13 288.42
Other Expenses 806.38 863.94 843.31 784.69 722.19
Total Expenses 4,023.84 4,536.97 4,166.92 3,983.26 3,664.88
Profit/Loss Before Exceptional, Ext 41.36 169.3 120.43 142.68 138.64
Exceptional Items -10.78 -67.16 -352.91 -554.84 -430.43
Profit/Loss Before Tax 30.58 102.14 -232.48 -412.16 -291.79
Tax Expenses-Continued Operations
Current Tax 125.76 81.13 72.31 94.35 91.47
Less: MAT Credit Entitlement 0 56.75 42.94 0.59 1.37
Deferred Tax -12.02 118.35 87.28 42.03 22.55
Tax For Earlier Years 0 -2.66 -2.05 -24.84 -13.69
Total Tax Expenses 113.74 140.07 114.6 110.95 98.96
Profit/Loss After Tax And Before Ex -83.16 -37.93 -347.08 -523.11 -390.75
Profit/Loss From Continuing Operat -83.16 -37.93 -347.08 -523.11 -390.75
Profit/Loss For The Period -83.16 -37.93 -347.08 -523.11 -390.75
Minority Interest -17.6 -25.45 -30.98 -17.49 -40.86
Share Of Profit/Loss Of Associates 37.56 2.85 -0.04 -13.25 1.37
Consolidated Profit/Loss After MI A -63.2 -60.53 -378.1 -553.85 -430.24
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) -1 -1 -5 -7 -5
Diluted EPS (Rs.) -1 -1 -5 -7 -5
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 0 0 0 0 64.6
Tax On Dividend 0 4.85 3.53 7.24 11.75

Source : Dion Global Solutions Limited


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

Mar '17 Mar '16 Mar '15 Mar '14 Mar '13

Investment Valuation Ratios


Face Value 1 1 1 1 1
Dividend Per Share -- -- -- -- --
Operating Profit Per Share (Rs) 6.16 6.23 6.05 6.93 6.66
Net Operating Profit Per Share (Rs) 40.54 46.41 51.87 50.36 46.36
Free Reserves Per Share (Rs) -- -- -- -- --
Bonus in Equity Capital 30.11 30.11 36.89 36.89 36.89
Profitability Ratios
Operating Profit Margin(%) 15.2 13.43 11.66 13.76 14.36
Profit Before Interest And Tax Mar 7.63 6.37 4.6 6.09 6.55
Gross Profit Margin(%) 7.73 6.53 4.71 6.18 6.65
Cash Profit Margin(%) 5.58 7.34 6.93 8.23 8.62
Adjusted Cash Margin(%) 5.58 7.34 6.93 8.23 8.62
Net Profit Margin(%) -1.57 -1.31 -9.02 -13.62 -11.49
Adjusted Net Profit Margin(%) -1.55 -1.28 -8.81 -13.42 -11.31
Return On Capital Employed(%) 6.85 5.95 4.34 5.34 4.67
Return On Net Worth(%) -2.51 -1.9 -17.36 -21.46 -14.67
Adjusted Return on Net Worth(%) -2.87 0.91 0.26 1.22 1.35
Return on Assets Excluding Revalua 25.45 32.16 26.96 31.96 36.32
Return on Assets Including Revalua 25.45 32.16 27.58 32.65 36.9
Return on Long Term Funds(%) 6.88 6.04 4.36 5.55 4.86
Liquidity And Solvency Ratios
Current Ratio 0.52 0.46 0.73 0.42 0.63
Quick Ratio 0.48 0.45 0.69 0.42 0.68
Debt Equity Ratio 1.12 1.19 2.13 1.26 1.25
Long Term Debt Equity Ratio 1.11 1.16 2.11 1.17 1.17
Debt Coverage Ratios
Interest Cover 1.13 1.69 1.69 1.85 1.81
Total Debt to Owners Fund 1.12 1.19 2.13 1.26 1.25
Financial Charges Coverage Ratio 2.05 2.98 3.35 3.68 3.5
Financial Charges Coverage Ratio P 1.73 2.04 0.51 -0.46 0.17
Management Efficiency Ratios
Inventory Turnover Ratio 49.85 46.81 40.68 39.84 38.7
Debtors Turnover Ratio 13.28 10.99 10.68 14.67 13.27
Investments Turnover Ratio 49.85 46.81 40.68 39.84 38.7
Fixed Assets Turnover Ratio 0.79 0.47 0.49 0.5 0.49
Total Assets Turnover Ratio 0.82 0.72 0.6 0.69 0.55
Asset Turnover Ratio 0.58 0.6 0.59 0.58 0.52

Average Raw Material Holding -- -- -- -- --


Average Finished Goods Held -- -- -- -- --
Number of Days In Working Capital -144.69 -107.97 -38.22 -136.33 -47.63
Profit & Loss Account Ratios
Material Cost Composition -- -- -- -- --
Imported Composition of Raw Mat-- -- -- -- --
Selling Distribution Cost Composit -- -- -- -- --
Expenses as Composition of Total S-- -- -- -- --
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit -- -- -- -- --
Dividend Payout Ratio Cash Profit -- 1.89 -4.06 -2.94 -53.83
Earning Retention Ratio -- -- -- -- --
Cash Earning Retention Ratio 100 98.6 98.82 97.87 76.73
AdjustedCash Flow Times 12.37 10.97 15.59 9.55 11.21

Source : Dion Global Solutions Limited


Royals orchid

Consolidated Balance Sheet of ------------------- in Rs. Cr. -------------------


Mar 16 Mar-15 Mar-14 Mar-13 Mar-12

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES


SHAREHOLDER'S FUNDS
Equity Share Capital 27.23 27.23 27.23 27.23 27.23
Total Share Capital 27.23 27.23 27.23 27.23 27.23
Reserves and Surplus 132.58 135.44 144.19 180.67 211.15
Total Reserves and Surplus 132.58 135.44 144.19 180.67 211.15
Total Shareholders Funds 159.82 162.67 171.42 207.9 238.38
Minority Interest 36.55 34.43 35.31 37.9 31.33
NON-CURRENT LIABILITIES
Long Term Borrowings 59.48 64.94 75.02 216.46 214.51
Deferred Tax Liabilities [Net] 0.8 1.67 3.58 7.79 7.76
Other Long Term Liabilities 2.03 1.77 1.5 0.88 2.07
Long Term Provisions 2.42 1.6 2.36 2.46 2
Total Non-Current Liabilities 64.73 69.97 82.46 227.59 226.35
CURRENT LIABILITIES
Short Term Borrowings 10.25 9.53 26.19 22.85 5.99
Trade Payables 29.94 15.24 15.22 27.3 15.06
Other Current Liabilities 39.9 52.18 64.22 56.36 118.92
Short Term Provisions 1.18 1.6 0.44 0.47 0.15
Total Current Liabilities 81.27 78.56 106.07 106.98 140.12
Total Capital And Liabilities 342.37 345.63 395.25 580.37 636.18
ASSETS
NON-CURRENT ASSETS
Tangible Assets 220.33 230.41 251.43 465.45 317.41
Intangible Assets 0.05 0.09 0.13 0.27 0.23
Capital Work-In-Progress 21.98 19.68 16.67 15.92 194.73
Fixed Assets 242.36 250.18 268.22 481.64 512.36
Non-Current Investments 0.02 0.02 0.02 0.02 0.05
Deferred Tax Assets [Net] 0.2 0 0 0 0
Long Term Loans And Advance 45.47 38.68 46.25 38.62 54.47
Other Non-Current Assets 0 0 0.55 1.41 1.3
Total Non-Current Assets 305.79 306.63 332.79 539.44 596.6
CURRENT ASSETS
Inventories 2.15 2.04 2.04 2.24 2.37
Trade Receivables 15.3 15.46 12.4 14.04 12.24
Cash And Cash Equivalents 13.65 14.12 37.7 9.49 19.42
Short Term Loans And Advance 3.63 6.52 8.95 15.14 5.55
OtherCurrentAssets 1.85 0.85 1.37 0 0
Total Current Assets 36.57 39 62.47 40.93 39.58
Total Assets 342.37 345.63 395.25 580.37 636.18
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 77.85 250.46 263.67 244.67 43.69
BONUS DETAILS
Bonus Equity Share Capital 9.72 9.72 9.72 9.72 9.72
NON-CURRENT INVESTMENTS
Non-Current Investments Unqu 0.02 0.02 0.02 0.02 0.05
CURRENT INVESTMENTS

Source : Dion Global Solutions Limited

Consolidated Profit & Loss acc ------------------- in Rs. Cr. -------------------


Mar 16 Mar-15 Mar-14 Mar-13 Mar-12

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME
Revenue From Operations [Gro 158.53 147.75 142.04 169.41 160.56
Revenue From Operations [Net 158.53 147.75 142.04 169.41 160.56
Total Operating Revenues 158.53 147.75 142.04 169.41 160.56
Other Income 4.36 5.3 7.11 30.3 1.86
Total Revenue 162.89 153.05 149.16 199.71 162.42
EXPENSES
Operating And Direct Expenses 20.75 19.09 17.77 20.26 18.53
Employee Benefit Expenses 36.77 35.25 31.33 39.43 35.78
Finance Costs 14.92 16.35 20.49 29.4 16.29
Depreciation And Amortisation 13.9 14.62 13.85 27.36 14.15
Other Expenses 80.68 73.54 72.16 92.06 80.1
Total Expenses 167.01 158.84 155.61 208.52 164.85
Profit/Loss Before Exceptional -4.12 -5.79 -6.45 -8.81 -2.43
Exceptional Items 1.32 0 0 0 0
Profit/Loss Before Tax -2.8 -5.79 -6.45 -8.81 -2.43
Tax Expenses-Continued Operations
Current Tax 2.96 2.7 0.48 1.32 1.99
Less: MAT Credit Entitlement 1.65 1.56 0.11 0.75 -0.07
Deferred Tax -1.07 -0.15 -4.21 -0.62 0.45
Tax For Earlier Years 0.61 0 0 0 0
Total Tax Expenses 0.84 1 -3.84 -0.06 2.51
Profit/Loss After Tax And Befo -3.64 -6.79 -2.61 -8.75 -4.94
Profit/Loss From Continuing O -3.64 -6.79 -2.61 -8.75 -4.94
Profit Loss From Discontinuing 0 0 -37.86 -0.27 0
Net Profit Loss From Discontin 0 0 -37.86 -0.27 0
Profit/Loss For The Period -3.64 -6.79 -40.47 -9.02 -4.94
Minority Interest 2.34 2.92 2.98 1.27 2.32
Consolidated Profit/Loss After -1.3 -3.87 -37.49 -7.75 -2.63
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 0 -1 -14 -3 -1
Diluted EPS (Rs.) 0 -1 -14 -3 -1
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 0 0 0.51 0 0
Tax On Dividend 0 0 0.17 0 0

Source : Dion Global Solutions Limited


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

Mar '16 Mar '15 Mar '14 Mar '13 Mar '12

Investment Valuation Ratios


Face Value 10 10 10 10 10
Dividend Per Share -- -- -- -- --
Operating Profit Per Share (Rs) 7.47 7.3 7.63 6.48 9.6
Net Operating Profit Per Share (Rs) 58.21 54.25 52.16 62.21 58.96
Free Reserves Per Share (Rs) -- -- -- -- --
Bonus in Equity Capital 35.69 35.69 35.69 35.69 35.69
Profitability Ratios
Operating Profit Margin(%) 12.82 13.45 14.62 10.42 16.28
Profit Before Interest And Tax Margin 3.95 3.43 4.64 -4.85 7.38
Gross Profit Margin(%) 4.06 3.56 4.87 -5.72 7.46
Cash Profit Margin(%) 5.48 5.11 7.53 9.31 5.67
Adjusted Cash Margin(%) 5.48 5.11 7.53 9.31 5.67
Net Profit Margin(%) -0.82 -2.61 -26.39 -4.57 -1.63
Adjusted Net Profit Margin(%) -0.79 -2.52 -25.13 -3.87 -1.61
Return On Capital Employed(%) 4.7 4.45 5.15 4.6 3.01
Return On Net Worth(%) -0.81 -2.37 -21.87 -3.72 -1.1
Adjusted Return on Net Worth(%) -3.1 -4.17 -1.52 -4.2 -2.07
Return on Assets Excluding Revaluati 58.68 59.73 62.94 76.34 87.53
Return on Assets Including Revaluatio 58.68 59.73 62.94 76.34 87.53
Return on Long Term Funds(%) 4.92 4.63 5.69 4.85 3.05
Liquidity And Solvency Ratios
Current Ratio 0.87 0.9 0.91 0.65 0.63
Quick Ratio 1.05 1.02 1.23 0.83 0.64
Debt Equity Ratio 0.44 0.46 0.59 1.15 0.93
Long Term Debt Equity Ratio 0.37 0.4 0.44 1.04 0.9
Debt Coverage Ratios
Interest Cover 0.72 0.65 0.69 0.7 0.85
Total Debt to Owners Fund 0.44 0.46 0.59 1.15 0.93
Financial Charges Coverage Ratio 1.66 1.54 1.36 1.63 1.72
Financial Charges Coverage Ratio Post 1.84 1.66 -0.15 1.67 1.71
Management Efficiency Ratios
Inventory Turnover Ratio 73.64 72.41 69.55 75.51 67.72
Debtors Turnover Ratio 10.31 10.6 10.74 12.89 13.88
Investments Turnover Ratio 73.64 72.41 69.55 75.51 67.72
Fixed Assets Turnover Ratio 0.46 0.42 0.41 0.3 0.41
Total Assets Turnover Ratio 0.64 0.58 0.49 0.36 0.35
Asset Turnover Ratio 0.59 0.51 0.36 0.35 0.33

Average Raw Material Holding -- -- -- -- --


Average Finished Goods Held -- -- -- -- --
Number of Days In Working Capital 10.84 10.95 60.66 -17.05 -100.34
Profit & Loss Account Ratios
Material Cost Composition -- -- -- -- --
Imported Composition of Raw Materi-- -- -- -- --
Selling Distribution Cost Composition -- -- -- -- --
Expenses as Composition of Total Sale-- -- -- -- --
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit -- -- -- -- --
Dividend Payout Ratio Cash Profit -- -- -2.86 -- --
Earning Retention Ratio -- -- -- -- --
Cash Earning Retention Ratio 100 100 93.97 100 100
AdjustedCash Flow Times 7.8 9.51 9.01 12.86 23.94

Source : Dion Global Solutions Limited


Mahindra holida

Consolidated Balance Sheet of------------------- in Rs. Cr. -------------------


Mar 17 Mar-16 Mar-15 Mar-14 Mar-13

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES


SHAREHOLDER'S FUNDS
Equity Share Capital 88.23 88.06 88.03 88.02 83.88
Total Share Capital 88.23 88.06 88.03 88.02 83.88
Reserves and Surplus 509.15 582 637.07 672.73 528.91
Total Reserves and Surplus 509.15 582 637.07 672.73 528.91
Employees Stock Options 0 0.2 0.02 0 0
Total Shareholders Funds 597.39 670.26 725.12 760.75 612.79
Minority Interest 28.25 75.09 0.35 0.65 1.21
NON-CURRENT LIABILITIES
Long Term Borrowings 693.81 632.13 117.38 0.02 5.35
Deferred Tax Liabilities [Net] 1.84 69.63 61.43 58.98 41.2
Other Long Term Liabilities 1,916.90 1,730.12 1,514.44 1,400.18 1,258.51
Long Term Provisions 8.6 6.82 5.09 4.16 4.12
Total Non-Current Liabilities 2,621.15 2,438.71 1,698.34 1,463.35 1,309.18
CURRENT LIABILITIES
Short Term Borrowings 18.19 11.25 6.41 2.95 1.99
Trade Payables 274.95 257.55 111.73 94.95 82.54
Other Current Liabilities 417.12 418.95 244.99 221.59 193.52
Short Term Provisions 1.61 53.66 42.92 41.77 42
Total Current Liabilities 711.88 741.4 406.04 361.25 320.04
Total Capital And Liabilities 3,958.66 3,925.46 2,829.85 2,586.00 2,243.23
ASSETS
NON-CURRENT ASSETS
Tangible Assets 1,157.65 1,233.89 890.82 826.02 612.89
Intangible Assets 47.07 60.73 22.39 22.62 3.37
Capital Work-In-Progress 169.22 71.46 87.26 73.02 237.31
Intangible Assets Under Deve 2.11 3.8 7.31 4.55 21.2
Fixed Assets 1,376.05 1,369.88 1,007.77 926.21 874.77
Non-Current Investments 6.48 2.61 133.58 0.03 0.03
Deferred Tax Assets [Net] 45.86 10.01 0 0 0
Long Term Loans And Advance 37.52 169.58 184.54 164.68 144.02
Other Non-Current Assets 637.78 526.23 437.02 384.42 329.63
Total Non-Current Assets 2,171.96 2,125.20 1,881.24 1,618.04 1,494.28
CURRENT ASSETS
Current Investments 97.11 57.89 9.58 12.66 10.22
Inventories 395.39 458 5.98 10.28 7.23
Trade Receivables 1,019.97 1,092.54 871.38 844.63 627.8
Cash And Cash Equivalents 196.12 112.43 22.06 48.33 45.2
Short Term Loans And Advanc 18.42 78.39 39.01 51.49 58.43
OtherCurrentAssets 59.69 1.01 0.59 0.57 0.07
Total Current Assets 1,786.70 1,800.26 948.61 967.96 748.95
Total Assets 3,958.66 3,925.46 2,829.85 2,586.00 2,243.23
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 818.31 665.09 1,000.15 404.07 537.03
BONUS DETAILS
Bonus Equity Share Capital 49 49 49 49 49
NON-CURRENT INVESTMENTS
Non-Current Investments Unq 6.48 2.61 133.58 0.03 0.03
CURRENT INVESTMENTS
Current Investments Unquoted 97.11 57.89 9.58 12.66 10.22

Consolidated Profit & Loss acc ------------------- in Rs. Cr. -------------------


Mar 17 Mar-16 Mar-15 Mar-14 Mar-13

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME
Revenue From Operations [Gro 2,163.02 1,480.77 750.86 768.68 694.45
Revenue From Operations [Net 2,163.02 1,480.77 750.86 768.68 694.45
Other Operating Revenues 119.14 117.81 61.02 47.69 0
Total Operating Revenues 2,282.16 1,598.59 811.88 816.37 694.45
Other Income 27.83 5.23 17.76 13.93 49.59
Total Revenue 2,309.99 1,603.82 829.64 830.31 744.03
EXPENSES
Operating And Direct Expense 316.59 0 0 0 0
Employee Benefit Expenses 512.77 357.87 168.39 188.27 160.78
Finance Costs 19.72 14.66 2.59 1.08 2.37
Depreciation And Amortisatio 105.92 97.53 66.35 39.36 27.26
Other Expenses 1,130.92 955.28 463.13 467.89 410.85
Total Expenses 2,085.91 1,425.33 700.45 696.6 601.25
Profit/Loss Before Exceptional 224.07 178.49 129.19 133.7 142.78
Exceptional Items 0 0 -21.88 0 0
Profit/Loss Before Tax 224.07 178.49 107.31 133.7 142.78
Tax Expenses-Continued Operations
Current Tax 79.03 49.84 19.27 29.1 47.31
Deferred Tax -0.46 9.19 7.72 17.79 4.56
Other Direct Taxes 0 0.33 0.05 0.02 0.03
Tax For Earlier Years 0 0 0 0 0.01
Total Tax Expenses 78.57 59.37 27.04 46.91 51.91
Profit/Loss After Tax And Befo 145.5 119.12 80.27 86.79 90.87
Profit/Loss From Continuing O 145.5 119.12 80.27 86.79 90.87
Profit/Loss For The Period 145.5 119.12 80.27 86.79 90.87
Minority Interest 3.02 -5.12 0.3 0.24 0.05
Share Of Profit/Loss Of Associ 0.05 -14.94 0.66 0 0
Consolidated Profit/Loss After 148.58 99.06 81.23 87.03 90.92
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 17 11 9 10 11
Diluted EPS (Rs.) 17 11 9 10 11
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 54.67 44.39 35.51 35.51 35.51
Tax On Dividend 0 9.04 7.23 6.04 6.04

Source : Dion Global Solutions Limited


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

Mar '17 Mar '16 Mar '15 Mar '14 Mar '13

Investment Valuation Ratios


Face Value 10 10 10 10 10
Dividend Per Share -- -- -- -- --
Operating Profit Per Share (Rs) 36.48 32.42 20.49 18.2 14.64
Net Operating Profit Per Share (Rs) 258.65 181.54 92.23 92.74 82.79
Free Reserves Per Share (Rs) -- -- -- -- --
Bonus in Equity Capital 55.52 55.63 55.65 55.66 58.41
Profitability Ratios
Operating Profit Margin(%) 14.1 17.85 22.21 19.62 17.68
Profit Before Interest And Tax Margin(%) 9.34 11.71 13.74 14.55 12.84
Gross Profit Margin(%) 9.46 11.75 14.04 14.8 13.76
Cash Profit Margin(%) 10.88 13.5 20.31 15.19 15.87
Adjusted Cash Margin(%) 10.88 13.5 20.31 15.19 15.87
Net Profit Margin(%) 6.51 6.19 10 10.66 13.09
Adjusted Net Profit Margin(%) 6.43 6.17 9.79 10.48 12.21
Return On Capital Employed(%) 18.61 14.7 15.52 17.64 23.4
Return On Net Worth(%) 24.87 14.78 11.2 11.43 14.83
Adjusted Return on Net Worth(%) 24.35 17.77 14.08 11.4 14.82
Return on Assets Excluding Revaluations 67.7 76.09 82.37 86.43 73.06
Return on Assets Including Revaluations 67.7 76.09 82.37 86.43 73.06
Return on Long Term Funds(%) 18.88 14.83 15.64 17.71 23.48
Liquidity And Solvency Ratios
Current Ratio 0.91 0.96 0.78 0.82 0.75
Quick Ratio 0.75 0.78 0.78 0.82 0.74
Debt Equity Ratio 1.19 0.96 0.17 -- 0.01
Long Term Debt Equity Ratio 1.16 0.94 0.16 -- 0.01
Debt Coverage Ratios
Interest Cover 12.37 13.18 50.97 124.85 61.27
Total Debt to Owners Fund 1.19 0.96 0.17 0 0.01
Financial Charges Coverage Ratio 17.74 19.83 76.64 161.31 72.77
Financial Charges Coverage Ratio Post Ta 13.91 14.41 58.09 118.08 50.88
Management Efficiency Ratios
Inventory Turnover Ratio 5.77 3.49 135.68 79.43 96.04
Debtors Turnover Ratio 2.16 1.63 0.95 1.11 1.21
Investments Turnover Ratio 5.77 3.49 135.68 79.43 96.04
Fixed Assets Turnover Ratio 1.5 0.93 0.72 0.82 0.91
Total Assets Turnover Ratio 1.87 1.25 1.15 1.36 1.47
Asset Turnover Ratio 1.67 1.43 1.01 0.6 1.16

Average Raw Material Holding -- -- -- -- --


Average Finished Goods Held -- -- -- -- --
Number of Days In Working Capital -152.21 -126.98 -357.92 -287.58 -366.86
Profit & Loss Account Ratios
Material Cost Composition -- -- -- -- --
Imported Composition of Raw Material -- -- -- -- --
Selling Distribution Cost Composition -- -- -- -- --
Expenses as Composition of Total Sales -- -- -- -- --
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 36.79 53.93 52.62 47.73 45.69
Dividend Payout Ratio Cash Profit 21.48 27.17 28.96 32.87 35.15
Earning Retention Ratio 62.43 55.15 58.16 52.13 54.28
Cash Earning Retention Ratio 78.26 75.34 74.64 67.07 64.83
AdjustedCash Flow Times 2.83 2.97 0.73 0.02 0.06
westlife dev

Consolidated Balance Sheet ------------------- in Rs. Cr. -------------------


Mar 17 Mar-16 Mar-15 Mar-14 Mar-13

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES


SHAREHOLDER'S FUNDS
Equity Share Capital 31.11 31.11 31.11 31.11 18.29
Preference Share Capital 0 0 0 0 0.46
Total Share Capital 31.11 31.11 31.11 31.11 18.75
Reserves and Surplus 496.41 506.95 502.5 529.92 244.03
Total Reserves and Surplus 496.41 506.95 502.5 529.92 244.03
Total Shareholders Funds 527.52 538.06 533.61 561.03 262.78
Equity Share Application Money 0 0.04 0 0 0
Minority Interest 0 0 0 0 142.63
NON-CURRENT LIABILITIES
Long Term Borrowings 0 7.5 0 11.29 0
Other Long Term Liabilities 0 0 0 0.22 0.32
Long Term Provisions 0 0 0 0 0.44
Total Non-Current Liabilities 0 7.5 0 11.51 0.76
CURRENT LIABILITIES
Short Term Borrowings 182.9 123.25 72.94 46.55 10.65
Trade Payables 78.32 67.74 59.37 58.95 57.67
Other Current Liabilities 84.7 93.92 103.8 54.83 53.12
Short Term Provisions 6.85 7.33 6.16 4.8 3.7
Total Current Liabilities 352.76 292.24 242.27 165.13 125.15
Total Capital And Liabilities 880.29 837.84 775.88 737.68 531.31
ASSETS
NON-CURRENT ASSETS
Tangible Assets 440.03 415 379.02 342.45 273.35
Intangible Assets 90.72 87.46 85.18 81.36 75.52
Capital Work-In-Progress 17.16 18.43 20.91 17.68 39.5
Fixed Assets 547.9 520.89 485.1 441.49 388.36
Non-Current Investments 59.6 25 9.72 20 0.15
Deferred Tax Assets [Net] 0 0 0.26 0.34 0.07
Long Term Loans And Advances 94.76 87.87 83.37 71.24 59.04
Other Non-Current Assets 0.08 0.01 0.19 0.1 0.01
Total Non-Current Assets 702.33 633.77 578.64 533.16 447.63
CURRENT ASSETS
Current Investments 110.42 131.15 138.35 138.63 0.8
Inventories 30.24 27.82 24.08 19.95 17.73
Trade Receivables 4.92 4.2 4.24 6.46 9.25
Cash And Cash Equivalents 7.06 6.95 7.26 12.14 24.67
Short Term Loans And Advances 19.99 32.82 21.68 10.49 17.4
OtherCurrentAssets 5.32 1.12 1.63 16.84 13.83
Total Current Assets 177.96 204.07 197.24 204.51 83.68
Total Assets 880.29 837.84 775.88 737.68 531.31
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 104.02 192.63 103.05 56.82 12.59
BONUS DETAILS
Bonus Equity Share Capital 18.09 18.09 18.09 18.09 18.09
NON-CURRENT INVESTMENTS
Non-Current Investments Unquo 59.6 25 9.72 20 0.15
CURRENT INVESTMENTS
Current Investments Unquoted 110.42 131.15 138.35 138.63 0.8

Consolidated Profit & Loss acco ------------------- in Rs. Cr. -------------------


Mar 17 Mar-16 Mar-15 Mar-14 Mar-13

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME
Revenue From Operations [Gross 918.87 823.75 760.08 733.82 676.62
Revenue From Operations [Net] 918.87 823.75 760.08 733.82 676.62
Other Operating Revenues 11.92 9.68 4.24 6.49 7.65
Total Operating Revenues 930.79 833.43 764.33 740.31 684.27
Other Income 20.03 9.71 16.47 5.7 7.21
Total Revenue 950.81 843.13 780.8 746.01 691.48
EXPENSES
Cost Of Materials Consumed 366.11 332.99 317.7 319.26 308.31
Purchase Of Stock-In Trade 0.2 0.31 0.05 1.37 1.84
Employee Benefit Expenses 140.73 124.02 113.66 90.78 76.32
Finance Costs 15.38 14.99 10.22 4.63 0.59
Depreciation And Amortisation 63.72 57.65 50.44 43.5 31.34
Other Expenses 376.79 333.48 317.76 285.82 239.75
Total Expenses 962.93 863.45 809.83 745.35 658.14
Profit/Loss Before Exceptional, -12.12 -20.31 -29.02 0.65 33.34
Exceptional Items 0 23.4 0 0 0
Profit/Loss Before Tax -12.12 3.09 -29.02 0.65 33.34
Tax Expenses-Continued Operations
Current Tax 0 0.67 0 0.16 3.06
Less: MAT Credit Entitlement 0 0.67 0 0.41 2.9
Deferred Tax 0 0.26 0.09 -0.27 -0.07
Tax For Earlier Years 0 0 0 0.23 0
Total Tax Expenses 0 0.26 0.09 -0.3 0.08
Profit/Loss After Tax And Before -12.12 2.83 -29.11 0.95 33.25
Profit/Loss From Continuing Ope -12.12 2.83 -29.11 0.95 33.25
Profit/Loss For The Period -12.12 2.83 -29.11 0.95 33.25
Minority Interest 0 0 0 0 -11.99
Consolidated Profit/Loss After M -12.12 2.83 -29.11 0.95 21.26
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) -1 0 -2 0 12
Diluted EPS (Rs.) -1 0 -2 0 12
Imported Raw Materials 8.2 7.99 7.02 9.31 0
Indigenous Raw Materials 357.91 325 310.67 304.47 0
DIVIDEND AND DIVIDEND PERCENTAGE
Preference Share Dividend 0 0 0 0 0.02

Source : Dion Global Solutions Limited


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

Mar '17 Mar '16 Mar '15 Mar '14 Mar '13

Investment Valuation Ratios


Face Value 2 2 2 2 10
Dividend Per Share -- -- -- -- --
Operating Profit Per Share (Rs) 3.02 2.74 0.97 2.77 31.75
Net Operating Profit Per Share (Rs) 59.83 53.58 49.14 47.6 374.2
Free Reserves Per Share (Rs) -- -- -- -- --
Bonus in Equity Capital 58.12 58.13 58.14 58.14 98.9
Profitability Ratios
Operating Profit Margin(%) 5.04 5.11 1.98 5.82 8.48
Profit Before Interest And Tax Margin(%) -1.76 -1.78 -4.51 -0.05 3.86
Gross Profit Margin(%) -1.8 -1.8 -4.61 -0.05 3.9
Cash Profit Margin(%) 5.42 4.39 2.73 5.95 9.34
Adjusted Cash Margin(%) 5.42 4.39 2.73 5.95 9.34
Net Profit Margin(%) -1.3 0.33 -3.8 0.12 3.1
Adjusted Net Profit Margin(%) -1.27 0.33 -3.72 0.12 3.07
Return On Capital Employed(%) 0.45 -0.79 -3.1 0.85 12.4
Return On Net Worth(%) -2.29 0.52 -5.45 0.16 8.09
Adjusted Return on Net Worth(%) -2.29 -3.82 -5.45 0.16 12.67
Return on Assets Excluding Revaluations 33.91 34.59 34.31 36.07 143.45
Return on Assets Including Revaluations 33.91 34.59 34.31 36.07 143.45
Return on Long Term Funds(%) 0.61 -0.97 -3.52 0.92 12.91
Liquidity And Solvency Ratios
Current Ratio 0.35 0.4 0.54 0.7 1.04
Quick Ratio 0.78 0.79 0.7 0.99 1.08
Debt Equity Ratio 0.35 0.24 0.14 0.1 0.04
Long Term Debt Equity Ratio -- 0.01 -- 0.02 --
Debt Coverage Ratios
Interest Cover 0.21 -0.35 -1.84 1.14 57.6
Total Debt to Owners Fund 0.35 0.24 0.14 0.1 0.04
Financial Charges Coverage Ratio 4.36 3.49 3.1 10.53 110.8
Financial Charges Coverage Ratio Post Tax 4.36 5.03 3.09 10.6 90.3
Management Efficiency Ratios
Inventory Turnover Ratio 30.78 29.95 31.74 37.11 38.59
Debtors Turnover Ratio 203.99 197.47 142.92 94.24 86.64
Investments Turnover Ratio 30.78 29.95 31.74 37.11 38.59
Fixed Assets Turnover Ratio 1.28 1.27 1.34 1.48 1.73
Total Assets Turnover Ratio 1.5 1.43 1.47 1.38 2.01
Asset Turnover Ratio 1.35 1.31 1.25 1.43 1.96

Average Raw Material Holding -- -- -- -- --


Average Finished Goods Held -- -- -- -- --
Number of Days In Working Capital -5.04 -4.05 -13.69 0.69 6.83
Profit & Loss Account Ratios
Material Cost Composition 39.35 39.99 41.57 43.3 45.32
Imported Composition of Raw Materials 2.24 2.39 2.21 2.96 --
Selling Distribution Cost Composition -- -- -- -- --
Expenses as Composition of Total Sales -- -- -- -- --
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit -- -- -- -- 0.01
Dividend Payout Ratio Cash Profit -- -- -- -- --
Earning Retention Ratio -- 100 -- 100 100
Cash Earning Retention Ratio 100 100 100 100 100
AdjustedCash Flow Times 3.54 3.53 3.42 1.3 0.16