Maruti Suzuki India Ltd.

- Research Center
(Rs crore)

Balance sheet

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Sources of funds
Owner's fund
Equity share capital 144.50 144.50 144.50 144.50 144.50
Share application money - - - - -
Preference share capital - - - - -
Reserves & surplus 9,200.40 8,270.90 6,709.40 5,308.10 4,234.30
Loan funds
Secured loans 0.10 0.10 63.50 71.70 307.60
Unsecured loans 698.80 900.10 567.30 - -
Total 10,043.80 9,315.60 7,484.70 5,524.30 4,686.40
Uses of funds
Fixed assets
Gross block 8,720.60 7,285.30 6,146.80 4,954.60 5,053.10
Less : revaluation reserve - - - - -
Less : accumulated depreciation 4,649.80 3,988.80 3,487.10 3,259.40 3,179.40
Net block 4,070.80 3,296.50 2,659.70 1,695.20 1,873.70
Capital work-in-progress 861.30 736.30 238.90 92.00 42.10
Investments 3,173.30 5,180.70 3,409.20 2,051.20 1,516.60
Net current assets
Current assets, loans & advances 5,570.00 3,190.50 3,956.00 3,870.70 3,097.40
Less : current liabilities & provisions 3,631.60 3,088.40 2,779.10 2,184.80 1,843.40
Total net current assets 1,938.40 102.10 1,176.90 1,685.90 1,254.00
Miscellaneous expenses not written - - - - -
Total 10,043.80 9,315.60 7,484.70 5,524.30 4,686.40
Notes:
Book value of unquoted investments 3,162.20 5,169.60 3,398.10 2,040.10 1,505.50
Market value of quoted investments 108.70 219.50 270.40 289.80 200.10
Contingent liabilities 1,901.70 2,734.20 2,094.60 1,289.70 893.60
Number of equity sharesoutstanding (Lacs) 2889.10 2889.10 2889.10 2889.10 2889.10

Quarterly results in brief

   Jun ' 09 Mar ' 09 Dec ' 08 Sep ' 08 Jun ' 08
Sales 6,493.00 6,432.90 4,625.81 4,993.62 4,753.58
Operating profit 793.17 449.30 296.78 515.71 463.64
Interest 6.31 8.87 4.51 20.77 16.83
Gross profit 1,003.39 545.87 469.96 590.98 775.59
EPS (Rs) 20.20 8.42 7.39 10.25 16.12

Quarterly results in details

  Jun ' 09 Mar ' 09 Dec ' 08 Sep ' 08 Jun ' 08
Other income 216.53 105.44 177.69 96.04 328.78
Stock adjustment -59.62 162.13 18.26 56.07 33.42
Raw material 4,827.34 4,738.49 3,451.23 3,578.03 3,479.51
Power and fuel - - - - -
Employee expenses 133.56 133.09 110.37 116.47 111.17
Excise - - - - -
Admin and selling expenses - - - - -
Research and development expenses - - - - -
Expenses capitalised - - - - -
Other expenses 798.55 949.89 749.17 727.34 665.84
Provisions made - - - - -
Depreciation 196.09 197.14 177.49 165.84 166.06
Taxation 223.76 105.60 78.90 129.02 143.68
Net profit / loss 583.54 243.13 213.57 296.12 465.85
Extra ordinary item - - - - -
Prior year adjustments - - - - -
Equity capital 144.46 144.46 144.46 144.46 144.46
Equity dividend rate - - - - -
Agg.of non-prom. shares (Lacs) 1322.92 1322.92 1322.92 1322.92 1322.92
Agg.of non promotoholding (%) 45.79 45.79 45.79 45.79 45.79
OPM (%) 12.22 6.98 6.42 10.33 9.75
GPM (%) 14.95 8.35 9.78 11.61 15.26
NPM (%) 8.70 3.72 4.45 5.82 9.17

Half yearly results in brief

  Mar ' 09 Sep ' 07 Mar ' 07 Sep ' 06 Mar ' 06
Sales 11,058.71 9,958.81 9,506.86 7,699.02 7,814.99
Operating profit 746.08 1,172.58 1,058.19 932.22 952.02
   Mar ' 09 Sep ' 07 Mar ' 07 Sep ' 06 Mar ' 06
Interest 13.38 29.13 31.30 6.33 5.14
Gross profit 1,015.83 1,555.16 1,360.30 1,190.89 1,168.76
EPS (Rs) 15.81 33.44 28.55 25.51 24.23

Annual results in details

  Mar ' 09 Sep ' 07 Mar ' 07 Sep ' 06 Mar ' 06
Other income 283.13 411.71 333.41 265.00 221.88
Stock adjustment 180.39 -212.23 278.10 -61.36 -260.38
Raw material 8,189.72 6,260.59 5,854.73 4,691.93 5,065.64
Power and fuel - - - - -
Employee expenses 243.46 171.39 154.49 133.93 115.07
Excise - 1,480.62 1,397.63 1,154.36 1,423.81
Admin and selling expenses - - - - -
Research and development expenses - - - - -
Expenses capitalised - - - - -
Other expenses 1,699.06 1,085.86 763.72 847.94 518.83
Provisions made - - - - -
Depreciation 374.63 170.32 147.68 123.68 140.62
Taxation 184.50 418.74 387.65 330.20 328.21
Net profit / loss 456.70 966.10 824.97 737.01 699.93
Extra ordinary item - - - - -
Prior year adjustments - - - - -
Equity capital 144.46 144.46 144.46 144.46 144.46
Equity dividend rate - - - - -
Agg.of non-prom. shares (Lacs) 1322.92 1322.92 1026.10 1026.10 1026.10
Agg.of non promotoholding (%) 45.79 45.79 35.52 35.52 35.52
OPM (%) 6.75 11.77 11.13 12.11 12.18
GPM (%) 8.96 15.00 13.82 14.95 14.54
NPM (%) 4.03 9.32 8.38 9.25 8.71

Annual results in brief

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Sales 20,852.52 17,860.28 17,205.88 14,753.10 13,343.06
Operating profit 1,832.06 2,167.37 1,990.41 1,626.61 1,406.27
Interest 50.98 59.62 37.63 20.39 36.01
Gross profit 2,382.42 3,071.22 2,551.19 2,035.41 1,761.72
EPS (Rs) 42.18 60.21 54.06 41.15 29.71

Annual results in details

   Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Other income 601.34 963.47 598.41 429.19 391.46
Stock adjustment 281.87 -291.68 218.64 -223.31 -66.29
Raw material 15,235.27 13,161.35 10,830.71 9,440.30 8,583.67
Power and fuel - - - - -
Employee expenses 471.09 356.16 288.42 228.74 196.03
Excise - - 2,551.99 2,700.86 2,380.65
Admin and selling expenses - - - - -
Research and development expenses - - - - -
Expenses capitalised - - - - -
Other expenses 3,032.23 2,467.08 1,325.71 979.90 842.73
Provisions made - - - - -
Depreciation 706.54 568.17 271.36 285.42 456.83
Taxation 457.14 763.32 717.85 560.94 446.49
Net profit / loss 1,218.74 1,739.73 1,561.98 1,189.05 858.40
Extra ordinary item - - - - -
Prior year adjustments - -8.91 - - -4.77
Equity capital 144.46 144.46 144.46 144.46 144.46
Equity dividend rate - - - - -
Agg.of non-prom. shares (Lacs) 1322.92 1322.92 1026.10 1026.10 794.68
Agg.of non promotoHolding (%) 45.79 45.79 35.52 35.52 27.51
OPM (%) 8.79 12.14 11.57 11.03 10.54
GPM (%) 11.10 16.32 14.33 13.41 12.83
NPM (%) 5.68 9.24 8.77 7.83 6.25

Cash flow
  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Profit before tax 1,675.80 2,503.00 2,279.80 1,750.00 1,304.90
Net cashflow-operating activity 1,193.30 1,830.40 2,028.00 1,222.60 1,073.70
Net cash used in investing activity 951.40 -3,061.50 -2,436.80 -530.70 -192.70
Netcash used in fin. activity -536.20 132.30 430.00 -319.70 -91.80
Net inc/dec in cash and equivlnt 1,608.50 -1,098.80 21.20 372.20 789.20
Cash and equivalnt begin of year 330.50 1,422.80 1,401.60 1,029.40 240.20
Cash and equivalnt end of year 1,939.00 324.00 1,422.80 1,401.60 1,029.40