c c





























 

Adjusted EPS (Rs)

24.91

17.93

42.91

43.76

35.57

Adjusted cash EPS (Rs)

45.56

35.94

61.50

61.18

51.10

Reported EPS (Rs)

39.26

19.48

52.63

49.65

39.94

Reported cash EPS (Rs)

59.91

37.49

71.22

67.07

55.47

Dividend per share

Operating profit per share (Rs)

15.00
70.68

6.00
33.52

15.00
78.61

15.00
67.12

13.00
56.06

Book value (excl rev res) per share (Rs)

259.03

240.60

202.54

177.33

143.58

Book value (incl rev res) per share (Rs.)

Net operating income per share (Rs)

259.46
619.98

241.09
499.23

203.20
746.24

178.00
691.91

144.26
524.73

Free reserves per share (Rs)

229.67

217.77

182.38

157.16

123.34

Operating margin (%)

11.40

6.71

10.53

9.70

10.68

Gross profit margin (%)

Net profit margin (%)

8.47
6.26

3.30
3.77

8.26
6.96

7.50
6.94

8.09
7.35

Adjusted cash margin (%)

7.26

6.97

8.13

8.55

9.41

Adjusted return on net worth (%)

Reported return on net worth (%)

9.61
15.15

7.45
8.09

21.18
25.98

24.67
28.00

24.77
27.81

Return on long term funds (%)

12.26

8.89

22.85

31.18

28.65

Long term debt / Equity

0.79

0.49

0.49

0.31

0.41

Total debt/equity

1.12

1.06

0.80

0.58

0.53

Owners fund as % of total source

47.05

48.44

55.43

63.05

65.23

Fixed assets turnover ratio

1.95

1.88

2.69

3.08

2.55

Current ratio

0.62

0.84

0.89

1.24

1.24

Current ratio (inc. st loans)

0.44

0.43

0.64

0.85

1.07

Quick ratio

0.43

0.58

0.66

0.91

0.96

Inventory turnover ratio

13.50

13.47

14.44

13.26

12.63

44.28

34.52

32.51

35.34

37.13

   
 


 

   
 


 

Dividend payout ratio (net profit)

























Dividend payout ratio (cash profit)

29.02

17.94

24.02

26.16

26.73

Earning retention ratio

30.22

62.49

60.13

59.90

58.31

Cash earnings retention ratio

61.84

81.29

72.18

71.32

70.98

Adjusted cash flow time total debt

6.40

7.13

2.65

1.70

1.50

Financial charges coverage ratio

3.56

3.64

7.19

7.62

8.08

Fin. charges cov.ratio (post tax)

3.74

3.73

6.82

6.67

7.06

Material cost component (% earnings)

71.70

73.26

72.62

74.55

72.84

Selling cost Component

4.47

4.77

4.09

4.00

3.78

Exports as percent of total sales

8.61

9.49

9.88

10.18

11.87

Import comp. in raw mat. consumed

5.94

5.82

4.60

3.88

4.64

Long term assets / total Assets

Bonus component in equity capital (%)

0.75
19.50

0.71
21.64

0.58
28.86

0.45
28.87

0.39
29.06


 

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#

Face value
10.00
10.00
10.00
'(
)

"

*

+ !

'(
)

"

*

+ !

'(
)

"

*

+ !

Promoter's holding
Indian Promoters

187471466 34.83

187491741 34.93

187473186 37.02

Sub total

187471466 34.83

187491741 34.93

187473186 37.02

Non promoter's holding

Institutional investors
Banks Fin. Inst. and
Insurance

60521038

FII's

127020938 23.60

130000160 24.22

119470169 23.59

Sub total

195089641 36.24

203356630 37.89

208272758 41.13

11.24

64052619

11.93

70596628

13.94

Other investors
Private Corporate Bodies -

2241489

0.42

3271047

0.65

NRI's/OCB's/Foreign
Others

3706140

0.69

4104697

0.76

5151215

1.02

GDR/ADR

109728393 20.39

97844999

18.23

'(
)

"

*

+ !

'(
)

"

*

+ !

'(
)

"

*

+ !

Direcctors/Employees

236222

0.04

236222

0.04

Govt

407181

0.08

407181

0.08

407181

0.08

Others

771492

0.14

1543523

0.29

61326243

12.11

Sub total

114849428 21.34

106378111 19.82

70155686

13.85

General public

38976533

39497336

40479846

7.99

Grand total

536387068 99.65

7.24

7.36

536723818 100.00

506381476 100.00

 

,,!


























-!,

Operating income

35,373.29

25,660.67

28,767.91

26,664.25

20,088.63

Material consumed
Manufacturing expenses

24,759.49
1,652.22

19,039.41
1,171.59

20,931.81
1,230.14

19,529.88
1,200.36

14,376.11
929.82

Personnel expenses

1,836.13

1,551.39

1,544.57

1,367.83

1,143.13

Selling expenses

1,583.24

1,224.15

1,179.48

1,068.56

759.54

Adminstrative expenses

2,249.92

1,867.05

1,982.79

1,488.16

1,042.52

Expenses capitalised

-740.54

-916.02

-1,131.40

-577.05

-308.85

Cost of sales

31,340.46

23,937.57

25,737.39

24,077.74

17,942.27

Operating profit
Other recurring income

4,032.83
402.27

1,723.10
841.54

3,030.52
359.42

2,586.51
887.23

2,146.36
685.18

Adjusted PBDIT

4,435.10

2,564.64

3,389.94

3,473.74

2,831.54

Financial expenses

1,246.25

704.92

471.56

455.75

350.24

Depreciation

1,033.87

874.54

652.31

586.29

520.94

Other write offs

144.03

51.17

64.35

85.02

73.78

Adjusted PBT

2,010.95

934.01

2,201.72

2,346.68

1,886.58

Tax charges

589.46

12.50

547.55

660.37

524.93

Adjusted PAT

1,421.49

921.51

1,654.17

1,686.31

1,361.65

Non recurring items

Other non cash adjustments

818.59
-

79.75
15.29

374.75
-

227.15
-0.07

167.23
-

Reported net profit

2,240.08

1,016.55

2,028.92

1,913.39

1,528.88

!




Earnigs before appropriation


























3,926.07
2,399.62
3,042.75
2,690.15
2,094.54

Equity dividend

859.05

311.61

578.43

578.07

497.94

Preference dividend

Dividend tax

132.89

34.09

81.25

98.25

69.84

Retained earnings

2,934.13

2,053.92

2,383.07

2,013.83

1,526.76

!,























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!

Owner's fund
Equity share capital

570.60

514.05

385.54

385.41

382.87

Share application money

Preference share capital

Reserves & surplus

14,208.55 11,855.15 7,428.45

6,458.39

5,127.81

Secured loans

7,742.60

2,022.04

822.76

Unsecured loans
Total

8,883.31 7,913.91 3,818.53 1,987.10 2,114.08

31,405.06 25,534.76 14,094.51 10,852.94 8,447.52

!
!

5,251.65

2,461.99

.

!

Fixed assets
Gross block

18,416.81 13,905.17 10,830.83 8,775.80

7,971.55

Less : revaluation reserve

24.63

Less : accumulated depreciation

Net block
Capital work-in-progress

7,212.92 6,259.90
11,179.26 7,620.20
5,232.15 6,954.04

Investments

25.07

25.51

25.95

26.39

5,443.52
5,361.80
5,064.96

4,894.54
3,855.31
2,513.32

4,401.51
3,543.65
951.19

22,336.90 12,968.13 4,910.27

2,477.00

2,015.15

'
,!


Current assets, loans & advances
Less : current liabilities & provisions

12,329.48 10,836.58 10,781.23 10,318.42 9,812.06

19,672.73 12,846.21 12,029.80 8,321.20 7,888.65

Total net current assets

Miscellaneous expenses not written
Total

-7,343.25 -2,009.63 -1,248.57 1,997.22 1,923.41

2.02
6.05
10.09
14.12
31,405.06 25,534.76 14,094.51 10,852.94 8,447.52
























'#


Book value of unquoted investments

21,991.93 12,358.84 4,145.82

2,117.86

1,648.57

Market value of quoted investments

345.53

558.32

2,530.55

1,323.08

1,550.00

Contingent liabilities
Number of equity sharesoutstanding (Lacs)

3,708.33
5705.58

5,433.07
5140.08

5,590.83
3855.04

5,196.07
3853.74

2,185.63
3828.34