Net Profit Ratio

YEAR NET PROFIT INC/ DEC INC/DEC % INDEX NET SALES INC/DEC
2005-2006 2,564.35 100.00 13,374.03
2006-2007 3,736.07 1171.72 45.69 145.69 17,237.53 3863.50
2007-2008 4,430.39 694.32 18.58 164.28 19,304.64 2067.11
2008-2009 4,848.85 418.46 9.45 173.72 26,212.33 6907.69
2009-2010 6,590.65 1741.80 35.92 209.64 32,861.44 6649.11

25.00% 22.95%
21.67%
19.17% 20.06%
20.00% 18.50%
PERCENTAGE

15.00%

10.00%

5.00%

0.00%
2005-2006 2006-2007 2007-2008 2008-2009 2009-2010
YEARS
 (Rs. In Crores)
INC/DEC % INDEX RATIO
100.00 19.17%
28.89 128.89 21.67%
11.99 140.88 22.95%
35.78 176.66 18.50%
25.37 202.03 20.06%
Current Ratio

YEAR Current Assets INC/ DEC INC/DEC % INDEX Current Liabilities

2005-2006 16,330.78 100.00 10,320.02
2006-2007 21,062.97 4732.19 28.98 128.98 14,420.11
2007-2008 27,906.18 6843.21 32.49 161.47 20,022.30
2008-2009 36,901.07 8994.89 32.23 193.70 28,332.90
2009-2010 42,934.81 6033.74 16.35 210.05 32,441.72

180.00%
158.24%
160.00% 146.07%
139.38%
140.00% 130.24% 132.34%
PERCENTAGE

120.00%
100.00%
80.00%
60.00%
40.00%
20.00%
0.00%
2005-2006 2006-2007 2007-2008 2008-2009 2009-2010
YEARS
 INC/DEC INC/DEC % INDEX RATIO
100.00 158.24%
4100.09 39.73 139.73 146.07%
5602.19 38.85 178.58 139.38%
8310.60 41.51 220.09 130.24%
4108.82 14.50 234.59 132.34%

1.58244

130.24% 132.34%

2008-2009 2009-2010
Liquid Ratio

YEAR Liquid Assets INC/ DEC INC/DEC % INDEX Current Liabilities

2005-2006 12,586.41 100.00 10,320.02
2006-2007 16,845.30 4258.89 33.84 133.84 14,420.11
2007-2008 22,169.78 5324.48 31.61 165.45 20,022.30
2008-2009 29,064.05 6894.27 31.10 196.54 28,332.90
2009-2010 33,699.35 4635.30 15.95 212.49 32,441.72

125.00% 121.96%
120.00%
116.82%
115.00%
110.73%
PERCENTAGE

110.00%

105.00% 103.88%
102.58%
100.00%

95.00%

90.00%
2005-2006 2006-2007 2007-2008 2008-2009 2009-2010

YEARS
 INC/DEC INC/DEC % INDEX RATIO
100.00 121.96%
4100.09 39.73 139.73 116.82%
5602.19 38.85 178.58 110.73%
8310.60 41.51 220.09 102.58%
4108.82 14.50 234.59 103.88%

103.88%
%

09 2009-2010
Proprietary Ratio

YEAR Share Holders Fund INC/ DEC INC/DEC % INDEX Total Assets
2005-2006 7,301.38 100.00 18,179.64
2006-2007 8,788.26 1486.88 20.36 120.36 23,297.70
2007-2008 10,774.21 1985.95 22.60 142.96 30,690.23
2008-2009 12,938.81 2164.60 20.09 163.05 41,421.08
2009-2010 15,917.36 2978.55 23.02 186.07 48,486.83

45.00%
40.16%
40.00% 37.72%
35.11%
35.00% 32.83%
31.24%
PERCENTAGE

30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
2005-2006 2006-2007 2007-2008 2008-2009 2009-2010
YEARS
 INC/DEC INC/DEC % INDEX RATIO
100.00 40.16%
5118.06 28.15 128.15 37.72%
7392.53 31.73 159.88 35.11%
10730.85 34.97 194.85 31.24%
7065.75 17.06 211.91 32.83%

32.83%
%

09 2009-2010
Solvency Ratio

YEAR Total Debt INC/ DEC INC/DEC % INDEX Total Assets INC/DEC
2005-2006 10,878.26 100.00 18,179.64
2006-2007 14,509.44 3631.18 33.38 133.38 23,297.70 5118.06
2007-2008 19,916.02 5406.58 37.26 170.64 30,690.23 7392.53
2008-2009 28,482.27 8566.25 43.01 213.65 41,421.08 10730.85
2009-2010 32,569.47 4087.20 14.35 228.00 48,486.83 7065.75

70.00% 68.76%
68.00% 67.17%

66.00% 64.89%
PERCENTAGE

64.00%
62.28%
62.00%
59.84%
60.00%
58.00%
56.00%
54.00%
2005-2006 2006-2007 2007-2008 2008-2009 2009-2010
YEARS
INC/DEC % INDEX RATIO
100.00 59.84%
28.15 128.15 62.28%
31.73 159.88 64.89%
34.97 194.85 68.76%
17.06 211.91 67.17%
Operating Profit Ratio

YEAR Operating Profit INC/ DEC INC/DEC % INDEX NET SALES

2005-2006 276.90 100.00 13,374.03
2006-2007 376.80 99.90 36.08 136.08 17,237.53
2007-2008 422.26 45.46 12.06 148.14 19,304.64
2008-2009 514.46 92.20 21.83 169.98 26,212.33
2009-2010 498.15 -16.31 -3.17 166.81 32,861.44

2.50%
2.19% 2.19%
2.07%
1.96%
2.00%

1.52%
PERCENTAGE

1.50%

1.00%

0.50%

0.00%
2005-2006 2006-2007 2007-2008 2008-2009 2009-2010
YEARS
 INC/DEC INC/DEC % INDEX RATIO
100.00 2.07%
3863.50 28.89 128.89 2.19%
2067.11 11.99 140.88 2.19%
6907.69 35.78 176.66 1.96%
6649.11 25.37 202.03 1.52%

6.13

1.52% `

09 2009-2010
Cash Ratio

YEAR Cash & Bank INC/ DEC INC/DEC % INDEX Current Liabilities INC/DEC
2005-2006 4,133.97 100.00 10,320.02
2006-2007 5,808.91 1674.94 40.52 140.52 14,420.11 4100.09
2007-2008 8,386.02 2577.11 44.36 184.88 20,022.30 5602.19
2008-2009 10,314.67 1928.65 23.00 207.88 28,332.90 8310.60
2009-2010 9,790.08 -524.59 -5.09 202.79 32,441.72 4108.82

45.00% 41.88%
40.06% 40.28%
40.00% 36.41%
35.00%
30.18%
30.00%
PERCENTAGE

25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
2005-2006 2006-2007 2007-2008 2008-2009 2009-2010
YEARS
INC/DEC % INDEX RATIO
100.00 40.06%
39.73 139.73 40.28%
38.85 178.58 41.88%
41.51 220.09 36.41%
14.50 234.59 30.18%
4.9.1. Correlation Between net profit ratio and current ratio

Year Net Profit Ratio Current Ratio

2005-2006 19.17 158.24
2006-2007 21.67 146.07
2007-2008 22.95 139.38
2008-2009 18.50 130.24
2009-2010 20.06 132.34

4.9.2. Correlation Between net profit ratio and liquid ratio

Year Net Profit Ratio Liquid Ratio

2005-2006 19.17 121.96
2006-2007 21.67 116.82
2007-2008 22.95 110.73
2008-2009 18.50 102.58
2009-2010 20.06 103.88

4.9.3. Correlation Between proprietary ratio and solvency ratio

Year Proprietary ratio Solvency ratio

2005-2006 40.16 59.84
2006-2007 37.72 62.28
2007-2008 35.11 64.89
2008-2009 31.24 68.76
2009-2010 32.83 67.17

4.9.4. Correlation Between net profit ratio and solvency ratio

Year Net profit ratio Solvency ratio

2005-2006 19.17 59.84
2006-2007 21.67 62.28
2007-2008 22.95 64.89
2008-2009 18.50 68.76
2009-2010 20.06 67.17

4.9.5. Correlation Between operating profit ratio and current ratio

Year Operating profit ratio Current Ratio

2005-2006 2.07 121.96
2006-2007 2.19 116.82
 2007-2008 2.19 110.73
2008-2009 1.96 102.58
2009-2010 1.52 103.88

4.9.6. Correlation Between operating profit ratio and cash ratio

Year Operating profit ratio Cash ratio

2005-2006 2.07 40.06 1.219611
2006-2007 2.19 40.28 1.168181
2007-2008 2.19 41.88 1.107254
2008-2009 1.96 36.41 1.025806
2009-2010 1.52 30.18 1.038766

4.9.7. Correlation Between operating profit ratio and liquidity ratio

Year Operating profit ratio Liquid ratio

2005-2006 2.07 121.96
2006-2007 2.19 116.82
2007-2008 2.19 110.73
2008-2009 1.96 102.58
2009-2010 1.52 103.88
121.96
116.82
110.73
102.58
103.88
Co-efficient of Correlation

X Y X2 Y2 XY
2.07 121.96 4.28 14,874.24 252.46
2.19 116.82 4.80 13,646.91 255.84
2.19 110.73 4.80 12,261.13 242.50
1.96 102.58 3.84 10,522.66 201.06
1.52 103.88 2.31 10,791.05 157.90
9.93 555.97 20.03 62,096.00 1,109.75

XY 1,109.75 r = XY / sqrt of x2 x y2 http://www.onlinescientificcalculato

X2 20.03
Y2 62,096.00 XY 1,109.75
Sqrt of X2 x Y2 1115.2251 86.67612
r 0.9951
r2 0.9902 r 0.9950871
1 - r2 0.0098
Sqrt of n - 2 1.7321 X2 x Y2

Sqrt of 1 - r2 0.0990

r / Sqrt of 1 - r2 10.0511
Test of Sign. 1.7235
Calculated Value 17.4089575
http://www.onlinescientificcalculator.org/#

0.96511628

1,243,726.95
24.76186584246
 X x] x2 Y x] x2
5.10 (3.08) 9.49 2.41 0.42 0.18
8.94 0.76 0.58 1.82 (0.17) 0.03
8.18 - - 1.99 - -
5.19 (2.99) 8.94 2.13 0.14 0.02
9.15 0.97 0.94 2.98 0.99 0.98
36.56 (4.34) 19.95 11.33 1.38 1.21

x1 = 8.18 x2 = 1.99 4.9875 0.30125

16.55602

x y
10 -40 1600 30 -20 400 800
20 -30 900 40 -10 100 300
50 0 0 50 0 0 0
70 20 400 60 10 100 200
100 50 2500 70 20 400 1000
250 0 5400 250 0 1000 2300

2323.79 0.989758
Co-efficient of Correlation

X Y X2 Y2 XY
5.10 2.41 26.01 5.81 12.29
8.94 1.82 79.92 3.31 16.27
8.18 1.99 66.91 3.96 16.28
5.19 2.13 26.94 4.54 11.05
9.15 2.98 83.72 8.88 27.27
36.56 11.33 283.50 26.50 83.16

XY 83.16 r = XY / sqrt of x2 x y2 http://www.onlinescientificcalculator.org/#

X2 283.50
Y2 26.50 r
86.67612
r 0.8068
r2 0.650926
1 - r2 0.349074

Level of significance 0.05

Degree of freedom
ficcalculator.org/#

0.96511628