Bharat Sanchar Nigam

LTD.
RATIO ANALYSIS

CLASSIFCATION OF RATIOS
Financial
ratios

Current ratios
Debt Equity ratios
Quick asset ratio

Operating
ratios

Gross profit ratio

Operating ratio
Net profit ratio

Composite
ratios

Fixed asset turnover ratio

Earning per share
Debtors turnover ratio

GP RATIO
Mar ' 09

Mar ' 08

Mar ' 07

Mar ' 06

Mar ' 05

Gross Profit

6576.35

5934.01

4782.7

4267.44

3679.34

sales

28,738.30

26664.25

20088.63

17199.17

13028.17

GP Ratio

22.883573

22.25455

23.80799

24.81189 28.241418

NET PROFIT RATIO

Mar ' 09

sales

net profit

Net Profit
Ratio

Mar ' 08

Mar ' 07

Mar ' 06

Mar ' 05

28,738.30 26664.25 20088.63 17199.17 13028.17

3,000.91

2586.51

2146.36

2000.05

1727.28

10.442197 9.700292 10.68445 11.62876 13.25804

OPERATING RATIO
Mar ' 09

Mar ' 08

Mar ' 07

Mar ' 06

Mar ' 05

sales

28,738.30

26664.25

20088.63

17199.17

13028.17

cost of goods
sold

22,161.95

20730.24

15305.93

12931.73

9348.83

operating
expenses

4,706.84

3,924.55

2945.19

2549.82

2096.95

Operating ratio

93.49

92.46

90.85

90.01

87.85

DEBT EQUITY RATIO

Mar ' 09

Mar ' 08

Mar ' 07

Mar ' 06

Mar ' 05

Debt

6,280.52

4,009.14

2,936.84

2,495.42

1,259.77

Equity

14,094.51

10,852.94

8,447.52

6,606.81

4,853.37

Debt Equity ratio

0.4456005

0.369406

0.347657

0.377704

0.259566

CURRENT RATIO
Mar ' 09

Mar ' 08

Mar ' 07

Mar ' 06

Mar ' 05

Current Assets

10,781.23

10,318.42

9,812.06

7,248.88

3,835.78

Current
Liabilities

12,029.80

8,321.20

7,888.65

7,268.80

5,309.17

Current ratio

0.8962102

1.240016

1.24382

0.99726

0.722482

FIXED ASSET RATIO

Mar ' 09

Mar ' 08

Mar ' 07

Mar ' 06

Mar ' 05

cost of goods
sold

22,161.95

20730.24

15305.93

12931.73

9348.83

fixed Assets

15,337.03

8,845.63

6,509.99

6,608.57

6,304.57

Fixed Asset
T.O ratio

1.4449962

2.343557

2.351145

1.956812

1.4828656

RETURN ON NETWORTH

Mar ' 09

Mar ' 08

Mar ' 07

Mar ' 06

Mar ' 05

net profit

3,000.91

2586.51

2146.36

2000.05

1727.28

Equity

14,094.51

10,852.94

8,447.52

6,606.81

4,853.37

Return on
networth

21.29134

23.83234

25.40817

30.27255

35.589292

PROFIT AND LOSS A/C

Income:
Operating
income
Expenses
Material
consumed
Manufacturing
expenses
Personnel
expenses

28,738.30

26,664.25

20,088.63

17,199.17

13,028.17

20,931.81

19,529.88

14,376.11

12,101.28

8,720.10

1,230.14

1,200.36

929.82

830.45

628.73

1,544.57

1,367.83

1,143.13

1,039.34

882.49

1,179.48

1,068.56

759.54

598.75

455.56

Selling expenses
Adminstrative
expenses
Expenses
capitalised

1,982.79

1,488.16

1,042.52

911.73

758.9

-1,131.40

-577.05

-308.85

-282.43

-144.89

Cost of sales

25,737.39

24,077.74

17,942.27

15,199.12

11,300.89

Operating profit
Other recurring
income

3,000.91

2,586.51

2,146.36

2,000.05

1,727.28

389.03

887.23

685.18

399.94

235.65

Adjusted PBDIT
Financial
expenses

3,389.94

3,473.74

2,831.54

2,399.99

1,962.93

471.56

455.75

350.24

234.3

225.96

652.31

586.29

520.94

450.16

382.6

Depreciation

CNTD
Other write
offs
Adjusted PBT
Tax charges

Adjusted PAT
Non recurring
items
Other non
cash
adjustments
Reported net
profit
Earnings
before
appropriation
Equity
dividend
Preference
dividend
Dividend tax
Retained
earnings

64.35

85.02

73.78

67.12

51.64

2,201.72

2,346.68

1,886.58

1,648.41

1,302.73

547.55

660.37

524.93

415.5

482.55

1,654.17

1,686.31

1,361.65

1,232.91

820.18

374.75

227.15

167.23

4.04

-6.82

-0.07

-1.54

-3.02

2,028.92

1,913.39

1,528.88

1,235.41

810.34

3,042.75

2,690.15

2,094.54

1,601.21

934.05

578.43

578.07

497.94

452.19

282.11

81.25

98.25

69.84

63.42

36.14

2,383.07

2,013.83

1,526.76

1,085.60

615.8

BALANCE SHEET OF BSNL

Sources of funds
Owner's fund
Equity share
capital
Share
application
money
Preference
share capital
Reserves &
surplus

385.54

385.41

382.87

361.79

353

3.83

7,428.45

6,458.39

5,127.81

3,749.60

3,236.77

2,461.99

2,022.04

822.76

489.81

942.65

3,818.53

1,987.10

2,114.08

2,005.61

317.12

14,094.51

10,852.94

8,447.52

6,606.81

4,853.37

Loan funds
Secured loans
Unsecured
loans
Total

Uses of funds
Fixed assets
Gross block
Less :
revaluation
reserve
Less :
accumulated
depreciation

10,830.83

8,775.80

7,971.55

6,611.95

5,985.40

25.51

25.95

26.39

5,443.52

4,894.54

4,401.51

3,454.28

3,023.69

Net block
Capital work-inprogress

5,361.80

3,855.31

3,543.65

3,157.67

2,961.71

5,064.96

2,513.32

951.19

538.84

286.09

Investments

4,910.27

2,477.00

2,015.15

2,912.06

3,056.77

10,781.23

10,318.42

9,812.06

7,248.88

3,835.78

12,029.80

8,321.20

7,888.65

7,268.80

5,309.17

-1,248.57

1,997.22

1,923.41

-19.92

-1,473.39

6.05

10.09

14.12

18.16

22.19

14,094.51

10,852.94

8,447.52

6,606.81

4,853.37

Net current assets

Current assets,
loans &
advances
Less : current
liabilities &
provisions
Total net current
assets
Miscellaneous
expenses not
written
Total

Notes:
Book value
of unquoted
investments
Market value
of quoted
investments
Contingent
liabilities
Number of
equity
sharesoutsta
nding (Lacs)

4,145.82

2,117.86

1,648.57

2,480.15

2,778.87

2,530.55

1,323.08

1,550.00

1,260.05

732.76

5,590.83

5,196.07

2,185.63

1,450.32

896.07

3855.04

3853.74

3828.34

3617.52

3529.58