Balance sheet

Mar ' 11

Mar ' 10

Mar ' 09

Mar ' 08

Mar ' 07

472.67

433.52

433.52

433.52

433.52

Share application money

Preference share capital

1,200.00

500.00

500.00

Reserves & surplus

2,850.50

2,229.96

1,884.55

1,672.89

1,417.81

Unsecured loans

73,248.32

61,931.75

54,535.42

47,952.01

37,604.50

Total

77,771.49

65,095.22

57,353.50

50,058.42

39,455.83

1,061.78

1,008.88

944.71

907.88

541.24

Less : revaluation reserve

293.83

311.68

331.22

352.64

45.35

Less : accumulated depreciation

575.78

515.72

451.46

400.06

355.06

Net block

192.16

181.48

162.02

155.18

140.83

25,138.58

21,107.45

17,387.70

16,617.32

12,018.41

Current assets, loans & advances

1,929.06

1,635.03

1,473.42

1,272.59

859.23

Less : current liabilities & provisions

1,599.92

2,876.63

4,078.64

3,854.37

2,658.18

329.14

-1,241.60

-2,605.22

-2,581.79

-1,798.94

25,659.88

20,047.33

14,944.50

14,190.71

10,360.29

Book value of unquoted investments

Market value of quoted investments

15,377.74

11,950.19

13,219.57

13,461.72

9,833.88

4726.67

4335.18

4335.18

4335.18

4335.18

Sources of funds
Owner's fund
Equity share capital

Loan funds
Secured loans

Uses of funds
Fixed assets
Gross block

Capital work-in-progress
Investments

Net current assets

Total net current assets

Miscellaneous expenses not written
Total

Notes:

Contingent liabilities
Number of equity sharesoutstanding (Lacs)

Profit loss account

Mar ' 11

Mar ' 10

Mar ' 09

Mar ' 08

Mar ' 07

6,064.03

5,792.48

5,587.46

3,982.08

2,813.97

Material consumed

Manufacturing expenses

1,010.44

705.62

597.47

404.92

392.14

11.30

5.05

8.88

11.73

7.79

778.84

786.33

415.61

354.39

331.34

1,800.57

1,496.99

1,021.96

771.04

731.27

Operating profit

366.18

543.92

452.48

152.63

331.54

Other recurring income

290.73

268.91

224.63

190.12

163.32

Adjusted PBDIT

656.91

812.83

677.10

342.75

494.87

3,897.28

3,751.57

4,113.02

3,058.42

1,751.16

46.17

48.93

36.98

30.80

40.13

-3,286.54

763.91

640.12

311.95

454.74

84.14

252.12

222.23

35.40

37.10

521.09

483.56

207.64

349.91

289.02

-0.15

-0.26

0.23

6.00

-0.07

2.88

24.00

54.61

5.37

42.40

523.82

507.30

262.48

361.28

331.34

1,377.58

1,257.77

1,013.17

967.41

824.39

137.34

126.80

50.72

101.44

100.15

94.79

35.10

0.10

1,145.46

1,095.87

962.36

865.97

724.23

Income
Operating income

Expenses

Personnel expenses
Selling expenses
Adminstrative expenses
Expenses capitalised
Cost of sales

Financial expenses
Depreciation
Other write offs
Adjusted PBT
Tax charges
Adjusted PAT
Non recurring items
Other non cash adjustments
Reported net profit
Earnigs before appropriation
Equity dividend
Preference dividend
Dividend tax
Retained earnings

Cash flow
Mar ' 11

Mar ' 10

Mar ' 09

Mar ' 08

Mar ' 07

-1,235.55

-1,723.86

2,519.71

-1,300.15

2,188.46

-39.00

-48.84

-22.40

-12.58

-23.26

1,148.86

-350.23

-922.49

2,339.97

69.79

Net inc/dec in cash and equivlnt

-125.69

-2,122.93

1,574.82

1,027.24

2,234.98

Cash and equivalnt begin of year

5,549.25

7,672.18

6,097.36

5,070.12

2,835.14

Cash and equivalnt end of year

5,423.57

5,549.25

7,672.18

6,097.36

5,070.12

Profit before tax

Net cashflow-operating activity
Net cash used in investing activity
Netcash used in fin. activity

Ratios
Mar ' 11

Mar ' 10

Mar ' 09

Mar ' 08

Mar ' 07

9.02

10.34

4.79

8.07

6.67

10.00

11.47

5.64

8.78

7.59

9.08

10.89

6.05

8.33

7.64

10.05

12.02

6.91

9.04

8.57

Dividend per share

2.50

2.50

1.00

2.00

2.00

Operating profit per share (Rs)

7.75

12.55

10.44

3.52

7.65

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

70.31

61.44

53.47

48.59

42.70

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

76.52

68.63

61.11

56.72

43.75

128.29

133.62

128.89

91.86

64.91

30.56

23.22

20.78

20.79

17.56

Operating margin (%)

6.03

9.39

8.09

3.83

11.78

Gross profit margin (%)

5.27

8.54

7.43

3.05

10.35

Net profit margin (%)

8.24

8.36

4.51

8.65

11.12

Adjusted cash margin (%)

8.92

8.78

4.20

9.12

11.05

Adjusted return on net worth (%)

12.82

16.83

8.95

16.61

15.61

Reported return on net worth (%)

12.91

17.72

11.31

17.15

17.89

Return on long term funds (%)

99.54

141.84

161.20

163.48

112.20

0.36

0.18

0.21

22.40

23.44

23.74

22.76

20.31

Per share ratios

Adjusted EPS (Rs)
Adjusted cash EPS (Rs)
Reported EPS (Rs)
Reported cash EPS (Rs)

Net operating income per share (Rs)

Free reserves per share (Rs)

Profitability ratios

Leverage ratios
Long term debt / Equity
Total debt/equity

Mar ' 11

Mar ' 10

Mar ' 09

Mar ' 08

Mar ' 07

Owners fund as % of total source

4.27

4.09

4.04

4.20

4.69

Fixed assets turnover ratio

5.71

5.74

5.91

4.39

5.20

Current ratio

1.21

0.56

0.36

0.33

0.32

Current ratio (inc. st loans)

0.02

0.02

0.02

0.02

0.02

34.70

16.40

10.43

10.02

10.72

Dividend payout ratio (net profit)

32.01

26.85

19.33

28.07

30.22

Dividend payout ratio (cash profit)

28.90

24.33

16.94

25.87

26.96

Earning retention ratio

67.79

71.73

75.57

71.02

65.35

Cash earnings retention ratio

70.94

74.51

79.26

73.36

69.58

129.13

116.31

222.94

125.95

114.25

Financial charges coverage ratio

0.16

1.22

1.16

1.11

1.28

Fin. charges cov.ratio (post tax)

1.15

1.15

1.07

1.13

1.21

0.18

0.08

0.15

0.29

0.27

Exports as percent of total sales

Import comp. in raw mat. consumed

0.92

0.92

0.92

0.92

0.93

Liquidity ratios

Quick ratio
Inventory turnover ratio

Payout ratios

Coverage ratios
Adjusted cash flow time total debt

Component ratios
Material cost component (% earnings)
Selling cost Component

Long term assets / total Assets

Bonus component in equity capital (%)

Dividend
Year

Month

Dividend (%)

2011

Apr

25

2010

Apr

25

2009

Apr

10

2008

Apr

20

2007

Apr

10

2006

Oct

10

2006

Apr

10

2005

Apr

10

2005

Feb

15

2004

Jun

15

2004

Apr

15

2003

Nov

10

2003

Apr

12

2002

May

12

2001

May