2017 2016 2015 2014 2013 2012
BALANCE SHEET _ _ _ _ _ _ _ _ _ _ _ _ (Rs in million)_ _ _ _ _ _ _ _ _ _ _ _ _
Property, plant and equipment 6,258 4,919 5,184 6,032
Intangibles 88 19 10 1
Long-term loans and advances 9 4 11 29
Long-term investments _ 5,006 4,955 _
Long-term deposits 9 10 10 10
Deferred taxation 74 199 5 _
Stores and spares 204 154 179 142
Stock-in-trade 9,318 7,785 6,150 4,469
Trade debts 759 1,132 448 1,737
Loans and advances 1,653 1,125 1,221 1,006
Short-term prepayments 21 45 19 15
Accrued return 376 513 419 87
Other receivables 402 191 168 176
Short-term investments 41,488 33,697 26,257 9,121
Taxation - payment less provision _ _ _ 1,216
Cash and bank balances 3,221 2,738 5,365 2,068
Total Assets 63,880 57,537 50,399 26,111
Issued, subscribed and paid up capital 786 786 786 786
Reserves 30,411 26,844 23,250 19,130
Shareholder's Equity 31,197 27,630 24,036 19,916
Deferred Taxation _ _ _ 219
Deferred Revenue 4 _ _ _
Trade, other payables and provisions 9,683 10,035 9,181 4,430
Advances from customers and dealers 22,189 19,127 16,193 1,546
Taxation - provision less payment 807 745 990 _
Total Equity and Liabilities 63,880 57,537 50,399 26,111
PROFIT AND LOSS ACCOUNT
Net Sales 112,272 108,758 96,516 57,064
Cost of sales 92,450 91,027 82,272 51,270
Gross profit 19,822 17,731 14,244 5,794
Distribution costs 1,228 1,061 996 794
Administrative expenses 1,053 931 799 635
Other operating expenses 177 144 119 52
WPPF AND WWF 1,418 1,285 1,052 372
Operating income 3,593 3,164 2,907 1,113
Finance costs 398 77 52 38
Profit before taxation 19,141 17,397 14,133 5,016
Taxation 6,140 5,942 5,022 1,143
Profit after taxation 13,001 11,455 9,110 3,873
Income Statement
Rs. in '000
Net sales 108,758,668 300438.3
Cost of sales 91,027,369
Gross profit 17,731,299
Distribution expenses 1,060,891
Administrative expenses 930,800
Other operating expenses 143,840
2,135,531
15,595,768
worker wellfare fund 1,285,491
14,310,277
other income 3,164,440
17,474,717
Finance cost 77,271
Profit before taxation 17,397,446
Taxation 5,942,506
Profit after taxation 11,454,940.00
Earnings per share 145.74
Ratios Working
Margin analysis
Gross profit margin (Net profit/sales) 11454940/108758668
Operating profit margin (Operating profit/net sales) 3593000/108758668
pretax Profit margin (preatx profit/net sales) 17,397,446 /108758668
Net profit margin (Net profit/ net sales) 11454940/108758668
liquidity ratios
Current Ratio (current asset/ current liabilities) 47380549/ 29,907,385
Acid test ratio ((current assest-inventory)/current liabilities) (47380549-7,785,245)/29907385
Asset management ratios
Inventory turnover ( COGS/ Avg inv) 91027369/50172685
Days sales outstanding ( acc receivale/ avg daily sales) 191303/302107
Fixed asset turnover (Sales/net fixed asset) 108758668/ 10,156,445
Total asset turnover (sales/total asset) 108758668/ 57,536,994
Debt management ratios
Debt Ratio ( total liabilities/ total assets) 29,907,385 /57,536,994
debt to equity ratio (total liabilities/ shareholders equity) 29907385/57,536,994
Times interest earned ratio (EBIT/interest charge) 17731299/77,271000
profitability ratios
Return on total assets (Net income/ total assets) 11454940/ 57,536,994
return on common equity ( net income/ common stock) 11,454,940/27630000
Market value ratio
Earnings per share ( net income/ no of shares outstanding) 11454940/786000
price earning ratio (market price / EPS) 1428/145.74
Book value per share( common equity/no of outstanding shares) 57536994/786000
Answer
11% Avg inv (91027369+93180 50172684.5
3% Avg daily s 302107.4111111
16%
11%
1.58424245382871 times
1.32393066127313 times
1.81428139634146 Times
0.633229286312465 Days
10.7083401721764 Times
1.89023896521254 Times
0.519794012874569 Times
0.519794012874569 Times
0.229468998718795 times
20%
41%
14.574
9.79827089337176 times
73.202
Common Size Income Statement for the 2013-2014
Rs %
Sales Revenue 108758668 100.000%
Cost of Sales 91027369 83.697%
Gross Margin 17731299 16.303%
Expenses 2135531 1.964%
Income from Operations 3164440 2.910%
EBIT 18760208 17.249%
Interest 77271 0.071%
EBT 17397446 15.996%
Tax 5942506 5.464%
Net Income 11454940 10.532%
