Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

19.29
76.97
20.49
20.49
26.37
19.29
19.29
20.49
20.49
26.37
0
0
11.35
0
0
0
57.68
0
0
0
114.04 146.32 212.09 199.25 560.77
9.61
9.54
9.47
9.41
9.35
142.94 232.83
253.4 229.15 596.49
232.87 276.87 210.98 400.25 244.92
109.11 333.37 329.05 300.11 201.22
341.98 610.24 540.03 700.36 446.14
484.92 843.07 793.43 929.51 1,042.63
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
Gross Block
318.23
Less: Accum. Depreciation 60.78
Net Block
257.45
Capital Work in Progress
3.76
Investments
7.21
Inventories
63.84
Sundry Debtors
90.29
Cash and Bank Balance
3.16
Total Current Assets
157.29
Loans and Advances
142.2
Fixed Deposits
1.11
Total CA, Loans & Advances300.6
Deffered Credit
0
Current Liabilities
79.32
Provisions
7.63
Total CL & Provisions
86.95
Net Current Assets
213.65
Miscellaneous Expenses
2.84
Total Assets
484.91
Contingent Liabilities
Book Value (Rs)

18.24
13.82

360.61
76.13
284.48
44.23
25.29
73.79
129.58
14.87
218.24
195.51
194.11
607.86
0
98.44
20.36
118.8
489.06
0
843.06

441.8
94.58
347.22
40.92
33.57
76.79
138.97
13.81
229.57
236.74
69.34
535.65
0
114.98
48.94
163.92
371.73
0
793.44

29.67
17.17

18.65
22.7

511.92 550.51
111.22 136.58
400.7 413.93
76.98
52.96
52.59
89.37
108.44 123.05
170.03 235.55
15.33
28.59
293.8 387.19
261.64 293.49
26.65
4.65
582.09 685.33
0
0
133.56 151.04
49.26
47.94
182.82 198.98
399.27 486.35
0
0
929.54 1,042.61
25.38
21.45

83.98
44.54

Radico

Radico Khaitan

Radico Khaitan
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover
829.29 977.67 1,228.19 1,174.73 1,481.25
Excise Duty334.67 388.68 418.77
478.7
645.7
Net Sales 494.62 588.99 809.42 696.03 835.55
Other Income0.01
17.21
24.32 -11.49
10.07
Stock Adjustments
0.73
5.07
4.65
10.63
12.13
Total Income
495.36 611.27 838.39 695.17 857.75
Expenditure
Raw Materials
242.25 278.44 450.75 342.66 404.98
Power & Fuel 5.44
Cost
16.71
13.28
17.44
21.78
Employee Cost
28.59
39.87
47.63
55.25
53.2
Other Manufacturing
3.65
Expenses
4.41
17.04
7.28
7.07
Selling and 119.39
Admin Expenses
157.87 175.52 175.66 204.61
Miscellaneous
11.79
Expenses
16.25
26.92
15.59
17.83
Preoperative Exp0Capitalised
0
0
0
0
Total Expenses
411.11 513.55 731.14 613.88 709.47
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit
84.24
80.51
PBDIT
84.25
97.72
Interest
21.95
38.32
PBDT
62.3
59.4
Depreciation11.26
15.51
Other Written4.94
Off
0
Profit Before Tax
46.1
43.89
Extra-ordinary1.28
items -7.25
PBT (Post Extra-ord
47.38 Items)
36.64
Tax
7.16
10.76
Reported Net45.17
Profit 32.54
Total Value168.86
Addition 235.1
Preference Dividend
0
2.35
Equity Dividend
4.82
4.82
Corporate Dividend
0.68 Tax1.21

82.93
107.25
49.51
57.74
18.98
0
38.76
0.39
39.15
6.07
33.07
280.39
3.5
5.12
1.47

92.78
81.29
56.5
24.79
23.12
0
1.67
12.16
13.83
5.89
6.54
271.21
0
3.07
0.52

138.21
148.28
75.36
72.92
25.6
0
47.32
2.7
50.02
8.45
41.54
304.49
0
7.91
1.31

Per share data (annualised)

Shares in issue
964.48
(lakhs)
964.48 1,024.62 1,024.62 1,318.31
Earning Per Share
4.68 (Rs) 3.13
2.89
0.64
3.15
Equity Dividend25
(%)
25
25
15
30
Book Value (Rs)
13.82
17.17
22.7
21.45
44.54

Cash flows
Mar '06 Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths 12 mths
52.33
44.03
39.14
12.37
9.98
-3.4
54.47
-5.47

Net Profit Before Tax

Net Cash From Operating Activities
Net Cash (used in)/from
Investing Activities
-111.02
Net Cash (used in)/from Financing Activities
98.53
Net (decrease)/increase In Cash and Cash Equivalents -2.51
Opening Cash & Cash Equivalents
6.79
Closing Cash & Cash Equivalents
4.27

Source : Asian CERC

-97.45
305.56
204.71
4.27
208.98

-62.75
-117.56
-125.84
208.98
83.15

-137.51
101.8
-41.17
83.15
41.98

Mar '10
12 mths
49.94
49.42
-74.99
16.83
-8.73
41.98
33.24

Radico Khaitan
Mar '06 Mar '07 Mar '08 Mar '09
Investment Valuation Ratios
Face Value
Dividend Per Share
Operating Profit Per Share (Rs)
Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios
Operating Profit Margin(%)
Profit Before Interest And Tax Margin(%)
Gross Profit Margin(%)
Cash Profit Margin(%)
Adjusted Cash Margin(%)
Net Profit Margin(%)
Adjusted Net Profit Margin(%)
Return On Capital Employed(%)
Return On Net Worth(%)
Adjusted Return on Net Worth(%)
Return on Assets Excluding Revaluations
Return on Assets Including Revaluations
Return on Long Term Funds(%)

2
0.5
8.74
51.28
11.46
--

2
0.5
8.35
61.07
14.92
--

2
0.5
8.09
79
20.36
--

2
0.3
8.92
67.93
17.94
--

17.03
14.66
13.77
11.33
11.69
9.07
8.44
14.96
33.88
32.2
7.9
8.03
20.45

13.67
10.77
9.89
7.96
7.63
5.39
5.06
9.55
14.57
17.04
17.17
18.16
12.44

10.24
7.78
7.89
4.81
4.81
4.02
4.02
9.71
12.71
7.32
22.7
23.62
13.16

13.12
9.39
9.8
8.14
8.14
0.9
0.9
10.69
2.97
16.37
21.45
22.36
14.81

Liquidity And Solvency Ratios

Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio

0.88
2.7
2.56
1.61

1.28
4.48
4.03
2.87

1.02
2.78
2.32
1.49

0.84
2.53
3.19
2.02

Debt Coverage Ratios

Interest Cover
Total Debt to Owners Fund
Financial Charges Coverage Ratio
Financial Charges Coverage Ratio Post Tax

3.79
2.56
3.98
3.8

2.25
4.03
2.48
2.25

1.65
2.32
1.92
2.05

1.87
3.19
2.15
1.52

Management Efficiency Ratios

Inventory Turnover Ratio
Debtors Turnover Ratio
Investments Turnover Ratio
Fixed Assets Turnover Ratio
Total Assets Turnover Ratio
Asset Turnover Ratio

7.8
6.52
14.94
3.14
1.19
1.91

8.18
5.36
16.51
2.61
0.76
1.96

20.34
6.03
20.34
2.12
1.12
2.12

13
4.51
13
1.54
0.81
1.54

Average Raw Material Holding

Average Finished Goods Held

70.96
24

55.11
23.68

52.62
18.07

70.54
27.11

Number of Days In Working Capital

155.5

298.92

165.33

206.5

Profit & Loss Account Ratios

Material Cost Composition
48.97
Imported Composition of Raw Materials Consumed 1.24
Selling Distribution Cost Composition
18.14
Expenses as Composition of Total Sales
6.38

47.27
2.05
20.6
13.11

55.68
1.14
17.06
7.89

49.23
1.43
20.79
9.18

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit
Dividend Payout Ratio Cash Profit
Earning Retention Ratio
Cash Earning Retention Ratio
AdjustedCash Flow Times

19.97
13.19
78.65
86.22
13.24

22.28
13.57
61.34
81.71
13.66

55.02
12.12
90.01
93.92
11.85

12.17
8.96
86.92
90.56
5.87

Mar '06 Mar '07 Mar '08 Mar '09

Earnings Per Share
Book Value

4.68
13.82
Source : Asian CERC

3.13
17.17

2.89
22.7

0.64
21.45

Mar '10

2
0.6
9.87
63.38
0.09
-15.57
12.4
12.51
7.96
7.96
4.92
4.92
10.72
6.96
6.96
45.25
45.25
10.72

3.55
2.91
0.75
0.75

1.81
0.75
2.22
2.09

12.04
4.12
12.04
1.52
0.8
1.52
---

209.55

34.33
0.61
-9.05

22.21
13.74
77.79
86.26
6.64

Mar '10
3.15
44.54