08-09

07-08

06-07

05-06

04-05

03-04

02-03

01-02

00-01

99-00

OPERATING RESULTS

Sales (including excise duty)

2214.07

1908.23

1761.84

1584.18

1562.58

1257.34

1197.13

1074.47

1090.02

979.93

Profit before depreciation,

Interest and tax

170.33

157.88

256.99

307.09

178.50

147.39

105.82

98.53

104.09

92.80

Profit before interest and tax

111.21

104.73

206.60

258.53

140.69

117.79

77.65

70.72

70.50

63.22

Profit before tax (PBT)

83.02

83.44

195.31

245.63

126.18

105.30

62.45

55.34

50.91

41.34

Profit after tax (PAT)

72.18

56.50

155.78

182.93

98.55

82.49

45.89

36.27

36.16

32.84

Dividends

18.48

18.48

27.71

86.84

25.87

18.47

16.63

13.54

12.31

9.85

Dividend tax

3.14

3.14

4.71

12.18

3.63

2.37

2.13

-

1.26

1.08

Retained profits

50.56

34.88

123.36

83.91

69.05

61.65

27.13

22.73

22.59

21.91

SOURCES AND APPLICATION OF FUNDS

SOURCES OF FUNDS

Share capital

36.95

36.95

36.95

36.95

36.95

18.47

18.47

24.62

24.62

24.62

Reserves and surplus

700.00

681.02

618.90

495.15

411.24

376.83

315.18

347.01

362.75

340.33

Net worth

736.95

717.97

655.85

532.10

448.19

395.30

333.65

371.63

387.37

364.95

Debt

399.76

327.50

206.45

244.30

228.12

215.64

262.20

174.25

174.27

181.16

Deferred tax liability (net)

45.77

42.64

41.83

41.50

32.71

31.79

31.98

35.82

-

-

Funds employed

1182.48

1088.11

904.13

817.90

709.02

642.73

627.83

581.70

561.64

546.11

APPLICATION OF FUNDS

Gross fixed assets

964.02

861.91

734.06

626.01

566.43

432.30

406.08

418.72

419.06

391.68

Depreciation

449.87

400.43

369.82

324.44

282.96

206.65

180.75

175.46

164.41

139.02

Net fixed assets

514.15

461.48

364.24

301.57

283.47

225.65

225.33

243.26

254.65

252.66

Capital work-in-progress

29.68

57.31

105.54

80.49

21.42

13.66

2.93

2.14

9.85

6.68

Investments

454.35

316.95

190.55

235.86

189.71

204.17

174.55

97.13

58.58

66.21

Gross current assets

579.86

638.16

583.48

539.62

516.91

440.77

449.78

412.17

392.41

393.48

Current liabilities and provisions

395.56

385.79

339.68

339.64

302.49

262.95

256.46

205.96

165.67

178.76

Net current assets

184.30

252.37

243.80

199.98

177.82

214.42

193.32

206.21

226.74

214.72

Deferred revenue expenditure

0.00

0.00

0.00

-

-

21.43

31.70

32.96

11.82

5.85

Net assets employed

1182.48

1088.11

904.13

817.90

709.02

642.73

627.83

581.70

561.64

546.11

RATIOS

ROCE (%) #

9.40

9.62

22.85

31.61

19.84

18.33

12.37

12.16

12.55

11.58

PBT to sales (%)

3.75

4.37

11.09

15.51

8.08

8.37

5.22

5.15

4.67

4.22

Return on net worth (%) +

9.79

7.87

23.75

34.38

21.99

22.06

15.20

10.71

9.75

9.27

Earnings per share (Rs) $$

3.91

3.06

8.43

49.50

26.67

22.32

19.46

14.73

14.69

13.34

Dividend per share (Rs) $$

1.00

1.00

1.50

23.50

7.00

10.00

9.00

5.50

5.00

4.00

Book value per share (Rs) $$

39.88

38.86

35.49

144.00

121.28

202.39

163.46

137.55

150.58

143.83

Debt equity ratio @ +

0.54

0.46

0.31

0.46

0.51

0.58

0.87

0.51

0.47

0.51

Fixed assets turnover (times)

4.31

4.14

4.84

5.25

5.51

5.57

5.31

4.42

4.28

3.88

Net working capital vs turnover (times)

12.01

7.56

7.23

7.92

7.29

7.07

6.19

5.21

4.81

4.56