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ChambalFertilisersandChemicals

Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

10.00

10.00

10.00

10.00

10.00

1.90

1.90

1.80

1.80

1.80

Investment Valuation Ratios


Face Value
Dividend Per Share
Operating Profit Per Share (Rs)

17.86

16.47

16.88

11.52

11.47

111.84

86.09

110.60

65.55

62.39

27.96

22.30

18.50

16.36

12.98

--

--

--

--

--

Operating Profit Margin(%)

15.97

19.12

15.26

17.56

18.37

Profit Before Interest And Tax Margin(%)

10.08

11.79

10.10

10.71

11.54

Gross Profit Margin(%)

10.21

11.93

10.33

10.78

14.98

Cash Profit Margin(%)

12.23

14.34

12.30

12.06

12.58

Adjusted Cash Margin(%)

12.23

14.34

12.30

12.06

11.98

6.89

6.86

4.89

7.41

5.80

Net Operating Profit Per Share (Rs)


Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios

Net Profit Margin(%)


Adjusted Net Profit Margin(%)

6.89

6.86

4.89

7.41

5.19

Return On Capital Employed(%)

12.94

11.70

15.53

10.29

10.07

Return On Net Worth(%)

20.03

17.91

18.70

17.92

14.79

Adjusted Return on Net Worth(%)

18.86

18.71

28.40

12.78

13.25

Return on Assets Excluding Revaluations

39.00

33.40

29.62

27.32

24.51

Return on Assets Including Revaluations

39.00

33.40

29.62

27.32

24.51

Return on Long Term Funds(%)

17.35

13.91

18.70

12.98

13.73

Current Ratio

0.95

0.97

0.64

0.63

0.67

Quick Ratio

1.83

1.52

0.80

1.13

1.24

Debt Equity Ratio

1.53

1.88

2.01

1.66

1.99

Long Term Debt Equity Ratio

0.89

1.43

1.50

1.11

1.19

Interest Cover

5.21

5.51

4.71

3.38

3.26

Total Debt to Owners Fund

1.53

1.88

2.01

1.66

1.99

Financial Charges Coverage Ratio

7.31

7.35

5.77

4.85

4.58

Financial Charges Coverage Ratio Post Tax

6.43

6.13

4.29

4.80

4.10

14.62

18.97

18.27

11.44

7.40

Liquidity And Solvency Ratios

Debt Coverage Ratios

Management Efficiency Ratios


Inventory Turnover Ratio
Debtors Turnover Ratio

8.11

5.88

11.18

7.92

6.15

Investments Turnover Ratio

14.62

18.97

18.27

11.44

9.08

Fixed Assets Turnover Ratio

0.94

0.72

0.99

0.85

1.34

Total Assets Turnover Ratio

1.13

0.90

1.24

0.90

0.85

Asset Turnover Ratio

0.94

0.72

0.99

0.85

0.80

Average Raw Material Holding

18.41

15.43

9.92

14.68

18.90

Average Finished Goods Held

20.36

13.07

17.16

22.13

34.69

Number of Days In Working Capital

74.43

61.60

0.92

51.82

69.25

59.09

49.66

56.65

41.43

50.54

--

--

18.12

--

--

Selling Distribution Cost Composition

7.54

6.55

6.82

9.49

6.60

Expenses as Composition of Total Sales

2.94

7.16

7.38

6.33

4.04

Dividend Payout Ratio Net Profit

28.41

37.02

38.01

43.00

57.99

Dividend Payout Ratio Cash Profit

15.50

18.11

19.07

22.48

26.71

Earning Retention Ratio

69.83

64.55

74.97

39.69

35.17

Profit & Loss Account Ratios


Material Cost Composition
Imported Composition of Raw Materials Consumed

Cash Flow Indicator Ratios

Bharat Fertilizers
Mar '11 Mar '10

Mar '09

Mar '08

Mar '07

10.00

10.00

10.00

10.00

10.00

--

--

--

--

--

Operating Profit Per Share (Rs)

26.92

17.68

3.48

-6.24

0.74

Net Operating Profit Per Share (Rs)

Investment Valuation Ratios


Face Value
Dividend Per Share

55.22

43.15

7.06

2.49

13.39

Free Reserves Per Share (Rs)

--

-5.68

-15.92

-12.16

-6.53

Bonus in Equity Capital

--

--

--

--

--

Operating Profit Margin(%)

48.74

40.97

49.26

-250.98

5.53

Profit Before Interest And Tax Margin(%)

46.63

39.02

24.79

-317.28

-9.12

Gross Profit Margin(%)

46.89

39.54

24.97

-319.29

20.36

Cash Profit Margin(%)

38.99

37.09

28.86

-308.86

18.11

Adjusted Cash Margin(%)

38.99

37.09

28.86

-308.86

17.79

Net Profit Margin(%)

56.73

23.42

-37.49

-391.99

4.72

Adjusted Net Profit Margin(%)

56.73

23.42

-37.49

-391.99

4.40

Return On Capital Employed(%)

58.73

78.34

22.21

-96.76

8.69

Return On Net Worth(%)

76.52

56.41

81.70

1,724.74

7.81

Adjusted Return on Net Worth(%)

50.12

85.94

25.28

-202.25

7.27

Return on Assets Excluding Revaluations

41.17

18.15

-3.26

-0.57

10.50

Return on Assets Including Revaluations

41.17

22.33

1.37

4.58

19.36

Return on Long Term Funds(%)

58.73

78.34

87.44

-241.81

9.91

Current Ratio

1.70

1.43

0.80

0.62

1.32

Quick Ratio

0.29

0.12

0.08

0.29

1.24

Debt Equity Ratio

0.08

0.24

8.34

1.91

1.61

Long Term Debt Equity Ratio

0.08

0.24

8.34

1.91

1.29

227.61

30.88

1.86

-5.37

2.03

0.08

0.24

8.34

1.91

1.61

Financial Charges Coverage Ratio

236.48

31.96

3.61

-4.22

3.53

Financial Charges Coverage Ratio Post


Tax

283.46

20.01

0.03

-4.49

3.35

0.85

42.36

1.32

0.52

1.78

Profitability Ratios

Liquidity And Solvency Ratios

Debt Coverage Ratios


Interest Cover
Total Debt to Owners Fund

Management Efficiency Ratios


Inventory Turnover Ratio
Debtors Turnover Ratio

670.34

1,824.79

21.40

1.06

2.11

Investments Turnover Ratio

0.85

42.36

1.32

0.52

1.48

Fixed Assets Turnover Ratio

1.06

0.84

0.15

0.05

2.17

Total Assets Turnover Ratio

1.24

1.92

0.86

1.11

0.73

Asset Turnover Ratio

1.06

0.84

0.15

0.05

0.18

Average Raw Material Holding

--

--

638.77

1,889.06

470.58

Average Finished Goods Held

--

14.53

90.60

1.32

6.56

Number of Days In Working Capital

210.75

128.21

215.56

-1.20

333.24

41.18

2.26

28.10

39.61

41.54

Imported Composition of Raw Materials


Consumed

--

--

--

--

--

Selling Distribution Cost Composition

--

3.11

2.22

19.57

11.83

Expenses as Composition of Total Sales

--

--

--

--

--

--

--

--

--

--

Profit & Loss Account Ratios


Material Cost Composition

Cash Flow Indicator Ratios


Dividend Payout Ratio Net Profit
Dividend Payout Ratio Cash Profit

--

--

--

--

--

Earning Retention Ratio

100.00

100.00

--

--

100.00

Cash Earning Retention Ratio

100.00

100.00

100.00

--

100.00

0.16

0.27

5.57

--

5.49

Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

Earnings Per Share

31.50

10.24

-2.67

-9.81

0.82

Book Value

41.17

18.15

-3.26

-0.57

10.50

AdjustedCash Flow Times

Deepak Fertilizers and Petrochemicals Coprn


Mar '11 Mar '10

Mar '09

Mar '08

Mar '07

10.00

10.00

10.00

10.00

10.00

5.00

4.50

4.00

3.50

3.00

Investment Valuation Ratios


Face Value
Dividend Per Share
Operating Profit Per Share (Rs)

38.88

31.95

34.69

20.43

16.29

Net Operating Profit Per Share (Rs)

177.55

146.18

160.40

119.28

94.45

Free Reserves Per Share (Rs)

106.18

92.37

79.28

67.75

60.69

--

--

--

--

--

Operating Profit Margin(%)

21.89

21.85

21.62

17.12

17.24

Profit Before Interest And Tax Margin(%)

17.06

16.54

17.51

12.57

12.09

Gross Profit Margin(%)

17.33

16.86

17.92

12.87

19.02

Cash Profit Margin(%)

15.67

14.95

16.26

12.79

15.31

Adjusted Cash Margin(%)

15.67

14.95

16.26

12.79

14.69

Net Profit Margin(%)

11.73

13.09

10.26

9.31

10.76

Adjusted Net Profit Margin(%)

11.73

13.09

10.26

9.31

10.14

Return On Capital Employed(%)

16.08

14.56

20.34

15.28

14.00

Return On Net Worth(%)

17.50

18.49

18.52

14.37

14.62

Bonus in Equity Capital


Profitability Ratios

Adjusted Return on Net Worth(%)

16.68

14.20

22.82

13.33

13.82

Return on Assets Excluding Revaluations

120.87

105.48

90.99

79.09

71.83

Return on Assets Including Revaluations

120.87

105.48

90.99

79.09

71.83

17.16

15.02

21.08

16.67

15.10

Current Ratio

1.33

1.80

1.59

1.04

1.17

Quick Ratio

1.68

1.70

1.51

1.06

1.01

Debt Equity Ratio

0.73

0.79

0.76

0.50

0.51

Return on Long Term Funds(%)


Liquidity And Solvency Ratios

Long Term Debt Equity Ratio

0.62

0.73

0.69

0.38

0.40

Interest Cover

6.96

5.62

7.71

11.81

14.07

Total Debt to Owners Fund

0.73

0.79

0.76

0.50

0.51

Financial Charges Coverage Ratio

8.38

6.61

8.39

12.85

15.13

Financial Charges Coverage Ratio Post Tax

6.88

6.10

5.97

10.09

12.51

20.08

26.45

25.21

25.52

7.49

6.99

5.49

5.79

6.21

7.84

Investments Turnover Ratio

20.08

26.45

25.21

25.52

10.47

Fixed Assets Turnover Ratio

0.95

0.96

1.13

1.02

1.49

Total Assets Turnover Ratio

0.86

0.78

1.01

1.01

0.87

Asset Turnover Ratio

0.95

0.96

1.13

1.02

0.95

28.80

13.87

26.72

8.60

35.16

Debt Coverage Ratios

Management Efficiency Ratios


Inventory Turnover Ratio
Debtors Turnover Ratio

Average Raw Material Holding


Average Finished Goods Held

7.65

10.43

8.01

14.44

30.57

101.14

92.96

72.06

35.76

52.80

Material Cost Composition

61.98

62.58

64.90

66.50

72.74

Imported Composition of Raw Materials


Consumed

15.76

16.19

29.62

7.10

13.68

Selling Distribution Cost Composition

1.56

1.40

1.07

1.40

1.95

Expenses as Composition of Total Sales

3.19

3.49

3.82

6.37

2.87

Dividend Payout Ratio Net Profit

27.18

25.91

25.56

36.02

33.31

Dividend Payout Ratio Cash Profit

19.65

18.85

18.90

24.91

23.42

Earning Retention Ratio

71.49

66.27

79.25

61.19

64.66

Cash Earning Retention Ratio

79.66

77.32

83.87

73.79

75.60

3.11

3.72

2.58

2.54

2.56

Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

21.16

19.51

16.86

11.37

10.54

120.87

105.48

91.05

79.23

72.04

Number of Days In Working Capital


Profit & Loss Account Ratios

Cash Flow Indicator Ratios

AdjustedCash Flow Times

Earnings Per Share


Book Value

Gujarat State Fertilizers Company


Mar '11 Mar '10

Mar '09

Mar '08

Mar '07

10.00

10.00

10.00

10.00

10.00

7.00

4.50

4.50

4.50

4.50

Investment Valuation Ratios


Face Value
Dividend Per Share
Operating Profit Per Share (Rs)

149.03

60.94

123.45

60.87

63.08

Net Operating Profit Per Share (Rs)

596.55

504.12

738.39

446.19

416.88

Free Reserves Per Share (Rs)

339.17

253.28

226.60

160.11

146.54

39.20

39.20

39.20

39.20

39.20

Bonus in Equity Capital


Profitability Ratios

Operating Profit Margin(%)

24.98

11.18

16.71

13.64

15.13

Profit Before Interest And Tax Margin(%)

21.47

7.47

14.13

9.45

10.65

Gross Profit Margin(%)

21.90

7.68

14.28

9.63

14.46

Cash Profit Margin(%)

18.54

9.61

12.88

10.73

12.11

Adjusted Cash Margin(%)

18.54

9.71

12.88

10.73

11.22

Net Profit Margin(%)

15.45

6.20

8.39

6.57

7.89

Adjusted Net Profit Margin(%)

15.45

6.15

8.39

6.57

7.01

Return On Capital Employed(%)

35.15

14.89

39.80

20.23

17.95

Return On Net Worth(%)

26.49

11.86

25.85

16.18

19.55

Adjusted Return on Net Worth(%)

26.51

12.02

32.00

16.75

17.36

Return on Assets Excluding Revaluations

354.93

269.04

242.36

184.87

171.30

Return on Assets Including Revaluations

354.93

269.04

242.36

184.87

171.30

39.99

19.98

46.09

26.92

28.19

Current Ratio

1.45

1.15

0.96

0.89

0.84

Quick Ratio

1.48

1.37

0.59

0.85

1.32

Debt Equity Ratio

0.14

0.32

0.17

0.38

0.71

--

0.32

0.01

0.04

0.09

82.12

13.77

22.92

9.21

5.83

0.14

0.32

0.17

0.38

0.71

Financial Charges Coverage Ratio

66.65

15.24

26.70

12.40

7.36

Financial Charges Coverage Ratio Post


Tax

47.73

11.56

17.53

9.53

6.37

12.70

6.76

10.57

8.61

6.28

6.30

7.29

11.32

5.31

3.95

Investments Turnover Ratio

12.70

10.00

10.57

8.61

9.38

Fixed Assets Turnover Ratio

1.34

1.24

1.83

1.14

2.38

Total Assets Turnover Ratio

1.48

1.42

2.61

1.75

1.43

Asset Turnover Ratio

1.34

1.24

1.83

1.14

1.08

Average Raw Material Holding

31.04

32.73

28.20

34.43

18.62

Average Finished Goods Held

10.67

13.06

14.62

20.75

30.30

Number of Days In Working Capital

91.89

102.45

24.23

54.88

92.63

Material Cost Composition

55.79

63.67

67.12

64.51

64.62

Imported Composition of Raw Materials


Consumed

56.41

60.68

68.43

58.77

59.23

Selling Distribution Cost Composition

3.20

4.07

2.20

3.78

4.72

Expenses as Composition of Total Sales

1.76

2.07

1.23

0.94

2.16

Dividend Payout Ratio Net Profit

8.65

16.43

8.40

17.59

15.71

Dividend Payout Ratio Cash Profit

7.21

10.57

6.48

11.01

10.24

Earning Retention Ratio

91.36

83.78

93.22

83.01

82.30

Cash Earning Retention Ratio

92.79

89.52

94.53

89.23

88.95

0.44

1.72

0.42

1.44

2.54

Return on Long Term Funds(%)


Liquidity And Solvency Ratios

Long Term Debt Equity Ratio


Debt Coverage Ratios
Interest Cover
Total Debt to Owners Fund

Management Efficiency Ratios


Inventory Turnover Ratio
Debtors Turnover Ratio

Profit & Loss Account Ratios

Cash Flow Indicator Ratios

AdjustedCash Flow Times

Earnings Per Share


Book Value

Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

94.03

31.93

62.66

29.92

33.49

354.93

269.04

242.36

184.87

171.30

Gujarat Narmada Valley Fertilizers Company


Mar '11 Mar '10

Mar '09

Mar '08

Mar '07

10.00

10.00

10.00

10.00

10.0

3.25

3.25

3.25

4.25

4.2

Investment Valuation Ratios


Face Value
Dividend Per Share
Operating Profit Per Share (Rs)

24.52

23.27

29.98

42.07

37.3

Net Operating Profit Per Share (Rs)

183.02

168.21

187.99

220.90

176.2

Free Reserves Per Share (Rs)

137.10

123.73

119.55

108.72

91.0

--

--

--

--

13.40

13.83

15.96

19.04

21.1

Profit Before Interest And Tax Margin(%)

9.05

9.21

11.66

15.65

17.0

Gross Profit Margin(%)

9.14

9.35

11.86

15.82

21.2

Cash Profit Margin(%)

9.56

10.61

12.13

13.63

15.7

Adjusted Cash Margin(%)

9.56

10.61

12.12

13.63

15.0

Net Profit Margin(%)

9.27

4.66

7.65

10.74

11.8

Adjusted Net Profit Margin(%)

9.27

4.66

7.65

10.74

11.0

Return On Capital Employed(%)

8.42

10.87

16.68

26.86

25.6

11.65

5.95

11.29

20.20

20.7

Bonus in Equity Capital


Profitability Ratios
Operating Profit Margin(%)

Return On Net Worth(%)


Adjusted Return on Net Worth(%)

6.71

7.93

11.93

19.64

19.3

Return on Assets Excluding Revaluations

147.14

133.77

129.59

118.76

101.0

Return on Assets Including Revaluations

147.14

133.77

129.59

118.76

101.0

9.49

12.20

19.58

31.35

31.0

Current Ratio

0.97

0.98

0.97

0.91

0.9

Quick Ratio

1.01

0.95

0.96

1.13

1.3

Debt Equity Ratio

0.50

0.27

0.18

0.17

0.2

Long Term Debt Equity Ratio

0.33

0.13

--

--

0.0

15.70

12.25

14.69

50.06

29.3

Return on Long Term Funds(%)


Liquidity And Solvency Ratios

Debt Coverage Ratios


Interest Cover
Total Debt to Owners Fund

0.50

0.27

0.18

0.17

0.2

Financial Charges Coverage Ratio

20.21

15.85

18.09

48.81

33.3

Financial Charges Coverage Ratio Post Tax

20.11

10.46

13.20

35.16

25.1

Inventory Turnover Ratio

17.72

19.89

15.60

19.61

7.1

Debtors Turnover Ratio

12.53

17.12

8.61

6.90

5.2

Investments Turnover Ratio

17.72

19.89

15.60

19.61

15.1

Fixed Assets Turnover Ratio

0.89

0.86

0.98

1.27

2.7

Total Assets Turnover Ratio

0.84

1.01

1.26

1.62

1.4

Asset Turnover Ratio

0.89

0.86

0.98

1.27

1.0

22.13

29.16

18.62

16.85

17.8

Management Efficiency Ratios

Average Raw Material Holding

Average Finished Goods Held

6.71

5.00

15.98

12.06

22.4

65.83

47.57

47.83

52.36

83.9

58.03

52.76

55.92

57.86

55.8

Imported Composition of Raw Materials


Consumed

5.26

5.94

6.84

4.06

4.5

Selling Distribution Cost Composition

2.45

2.17

2.32

2.70

3.5

Expenses as Composition of Total Sales

0.30

0.22

0.49

0.92

1.1

Dividend Payout Ratio Net Profit

22.02

47.56

25.97

20.72

23.6

Dividend Payout Ratio Cash Profit

15.14

24.46

17.01

15.98

17.6

Earning Retention Ratio

61.79

64.30

75.43

78.69

74.6

Cash Earning Retention Ratio

78.64

79.11

83.60

83.67

81.4

4.15

1.97

0.99

0.66

0.8

Mar '11

Mar '10

Mar '09

Mar '08

Mar '0

Number of Days In Working Capital


Profit & Loss Account Ratios
Material Cost Composition

Cash Flow Indicator Ratios

AdjustedCash Flow Times

Earnings Per Share


Book Value

17.15

7.97

14.64

23.99

21.0

147.14

133.77

129.59

118.76

101.0

Zuari Industries
Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

10.00

10.00

10.00

10.00

Investment Valuation Ratios


Face Value
Dividend Per Share

10.0

4.50

4.50

3.00

3.00

2.5

78.15

66.17

41.15

51.62

35.4

1,875.89

1,452.94

2,068.78

889.23

814.1

403.13

351.66

303.61

275.43

254.0

--

--

--

--

Operating Profit Margin(%)

4.16

4.55

1.98

5.80

4.3

Profit Before Interest And Tax Margin(%)

3.72

4.01

1.67

5.03

3.5

Gross Profit Margin(%)

3.77

4.09

1.69

5.14

3.2

Cash Profit Margin(%)

3.52

4.57

1.92

3.98

16.9

Adjusted Cash Margin(%)

3.52

4.57

1.92

3.98

2.6

Net Profit Margin(%)

2.97

3.59

1.50

2.74

16.2

Adjusted Net Profit Margin(%)

2.97

3.59

1.50

2.74

1.8

Return On Capital Employed(%)

13.16

12.14

15.61

11.27

6.3

Return On Net Worth(%)

13.67

14.68

10.05

8.69

50.3

Adjusted Return on Net Worth(%)

14.43

16.85

10.88

10.57

5.6

Return on Assets Excluding Revaluations

414.53

363.06

315.01

286.83

265.4

Return on Assets Including Revaluations

414.53

363.06

315.01

286.83

265.4

23.62

24.33

19.18

13.61

7.1

0.96

0.68

0.96

1.26

1.5

Operating Profit Per Share (Rs)


Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios

Return on Long Term Funds(%)


Liquidity And Solvency Ratios
Current Ratio

Quick Ratio

1.91

1.79

0.92

1.92

1.9

Debt Equity Ratio

0.80

1.01

0.34

0.99

1.1

--

--

0.09

0.65

0.8

Interest Cover

7.53

15.18

3.21

3.34

2.3

Total Debt to Owners Fund

0.80

1.01

0.34

0.99

1.1

Financial Charges Coverage Ratio

7.91

15.33

3.45

3.59

2.7

Financial Charges Coverage Ratio Post


Tax

5.80

10.64

2.80

2.57

9.9

Inventory Turnover Ratio

8.28

12.64

12.36

8.13

7.2

Debtors Turnover Ratio

7.99

5.04

7.76

4.97

3.9

Investments Turnover Ratio

8.28

12.64

12.36

8.13

8.0

Fixed Assets Turnover Ratio

12.57

10.35

15.40

6.74

13.2

Long Term Debt Equity Ratio


Debt Coverage Ratios

Management Efficiency Ratios

Total Assets Turnover Ratio

2.53

2.00

4.89

1.56

1.4

Asset Turnover Ratio

12.57

10.35

15.40

6.74

6.2

Average Raw Material Holding

48.03

37.37

24.29

37.16

38.0

Average Finished Goods Held

21.62

7.96

15.30

16.58

19.2

Number of Days In Working Capital

94.23

77.00

21.17

119.88

118.0

Material Cost Composition

86.75

78.86

91.68

78.72

82.0

Imported Composition of Raw Materials


Consumed

94.98

92.77

5.71

4.09

2.5

Selling Distribution Cost Composition

4.53

4.17

2.25

4.13

3.9

Expenses as Composition of Total Sales

0.12

--

--

--

Dividend Payout Ratio Net Profit

9.19

9.87

11.07

14.07

2.1

Dividend Payout Ratio Cash Profit

8.15

8.78

9.30

11.39

2.0

Earning Retention Ratio

91.29

91.40

89.77

88.43

80.5

Cash Earning Retention Ratio

92.23

92.24

91.30

90.31

86.5

4.92

5.42

2.69

7.85

13.4

Mar '11

Mar '10

Mar '09

Mar '08

Mar '0

56.68

53.31

31.69

24.94

133.6

414.53

363.06

315.01

286.83

265.4

Profit & Loss Account Ratios

Cash Flow Indicator Ratios

AdjustedCash Flow Times

Earnings Per Share


Book Value

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