Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2017 Mar-2016 Mar-2015 Mar-2014
Growth matrix (%)        
Revenue growth (6.70) (14) (2) 21.20
Op profit growth 46.10 (20) (29) 6.95
EBIT growth 60.60 (26) (30) 4.05
Net profit growth 80.20 (41) (34) 9.43
Profitability ratios (%)        
OPM 13.60 8.67 9.31 12.90
EBIT margin 12.50 7.24 8.37 11.80
Net profit margin 6.93 3.59 5.21 7.73
RoCE 11.70 6.72 8.50 13.10
RoNW 2.22 1.33 2.38 3.91
RoA 1.63 0.83 1.32 2.15
Per share ratios ()        
EPS 23.30 14.60 23 35.50
Dividend per share 11.20 5.50 6 10.40
Cash EPS 10.80 2.95 13.60 24.80
Book value per share 232 287 268 256
Valuation ratios        
P/E 16.10 18.30 12.70 7.94
P/CEPS 34.90 90.70 21.40 11.40
P/B 1.62 0.93 1.09 1.10
EV/EBIDTA 8.98 9.95 10.10 7.06
Payout (%)        
Dividend payout 32 17 28.90 32.20
Tax payout (33) (37) (32) (33)
Liquidity ratios        
Debtor days 20.60 20.80 20 18.30
Inventory days 12.70 14.10 15 13.40
Creditor days (26) (25) (26) (26)
Leverage ratios        
Interest coverage (12) (4.60) (7.80) (11)
Net debt / equity 0.12 0.20 0.49 0.47
Net debt / op. profit 0.70 1.60 2.96 1.91
Cost breakup ()        
Material costs (75) (81) (79) (77)
Employee costs (2.60) (1.90) (1.60) (1.50)
Other costs (8.70) (8.40) (9.80) (8.10)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2017 Mar-2016 Mar-2015 Mar-2014
Revenue 48,572 52,053 60,704 61,918
yoy growth (%) (6.70) (14) (2) 21.20
Raw materials (36,484) (42,170) (48,117) (47,978)
As % of sales 75.10 81 79.30 77.50
Employee costs (1,287) (988) (985) (920)
As % of sales 2.65 1.90 1.62 1.49
Other costs (4,207) (4,380) (5,951) (5,016)
As % of sales 8.66 8.42 9.80 8.10
Operating profit 6,594 4,514 5,650 8,004
OPM 13.60 8.67 9.31 12.90
Depreciation (1,543) (1,496) (1,433) (1,644)
Interest expense (511) (822) (652) (669)
Other income 1,006 752 863 918
Profit before tax 5,547 2,949 4,430 6,610
Taxes (1,809) (1,091) (1,421) (2,195)
Tax rate (33) (37) (32) (33)
Minorities and other (580) 11.70 88.60 58.60
Adj. profit 3,158 1,869 3,097 4,474
Exceptional items 211 -- 62.90 313
Net profit 3,368 1,869 3,160 4,786
yoy growth (%) 80.20 (41) (34) 9.43
NPM 6.93 3.59 5.21 7.73
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2017 Mar-2016 Mar-2015 Mar-2014
Profit before tax 5,547 2,949 4,430 6,610
Depreciation (1,543) (1,496) (1,433) (1,644)
Tax paid (1,809) (1,091) (1,421) (2,195)
Working capital 1,764 2,176 1,644 --
Other operating items -- -- -- --
Operating cashflow 3,958 2,538 3,220 2,771
Capital expenditure 6,194 (321) 10,337 --
Free cash flow 10,151 2,217 13,557 2,771
Equity raised 55,692 57,229 57,881 58,910
Investments 9,032 8,661 18.70 --
Debt financing/disposal 388 5,228 2,213 11,397
Dividends paid 1,078 317 761 1,319
Other items -- -- -- --
Net in cash 76,341 73,652 74,431 74,397
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2017 Mar-2016 Mar-2015 Mar-2014
Equity capital 1,691 1,268 1,268 1,268
Preference capital -- -- -- --
Reserves 37,614 35,135 32,754 31,188
Net worth 39,305 36,403 34,023 32,457
Minority interest
Debt 6,011 9,052 18,291 18,537
Deferred tax liabilities (net) 6,528 5,945 6,681 6,067
Total liabilities 51,878 51,427 60,753 58,820
Fixed assets 34,218 33,634 47,782 46,269
Intangible assets
Investments 10,268 9,844 1,272 1,282
Deferred tax asset (net) 1,235 1,120 3,133 3,337
Net working capital 4,735 4,982 7,007 4,721
Inventories 1,728 1,643 2,379 2,611
Inventory Days 13 11.50 14.30 15.40
Sundry debtors 2,751 2,723 3,210 3,447
Debtor days 20.70 19.10 19.30 20.30
Other current assets 8,853 9,371 13,468 10,046
Sundry creditors (3,015) (3,055) (3,414) (4,289)
Creditor days 22.70 21.40 20.50 25.30
Other current liabilities (5,581) (5,701) (8,636) (7,093)
Cash 1,421 1,846 1,558 3,211
Total assets 51,878 51,427 60,753 58,820
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2017 Mar-2016 Mar-2015 Mar-2014 Mar-2013
Gross Sales 49,334 52,552 60,515 61,644 50,893
Excise Duty 762 500 -- -- --
Net Sales 48,572 52,053 60,515 61,644 50,893
Other Operating Income -- -- 189 275 202
Other Income 1,217 752 926 1,231 829
Total Income 49,789 52,804 61,630 63,149 51,924
Total Expenditure ** 41,978 47,538 55,053 53,914 43,610
PBIDT 7,811 5,266 6,577 9,235 8,314
Interest 511 822 652 669 437
PBDT 7,300 4,444 5,925 8,567 7,877
Depreciation 1,543 1,496 1,433 1,644 1,319
Minority Interest Before NP -- -- -- -- --
Tax 1,794 1,143 589 1,896 1,687
Deferred Tax 15 (52) 832 299 554
Reported Profit After Tax 3,948 1,858 3,071 4,728 4,317
Minority Interest After NP -- -- (0.50) 0.26 (6.30)
Net Profit after Minority Interest 3,374 1,874 3,160 4,786 4,374
Extra-ordinary Items 144 -- 43 214 --
Adjusted Profit After Extra-ordinary item 3,229 1,874 3,117 4,573 4,374
EPS (Unit Curr.) 19.90 14.80 24.90 37.70 34.50
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 112 55 60 104 --
Equity 1,691 1,268 1,268 1,268 1,268
Public Shareholding (Number) -- -- 556,743,749 539,017,856 541,071,744
Public Shareholding (%) -- -- 43.90 42.50 42.70
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- 711,733,651 711,733,632 727,405,696
Non Encumbered - % in Total Promoters Holding -- -- 100 100 100
Non Encumbered - % in Total Equity -- -- 56.10 56.10 57.30
PBIDTM(%) 16.10 10.10 10.90 15 16.30
PBDTM(%) 15 8.54 9.79 13.90 15.50
PATM(%) 8.13 3.57 5.08 7.67 8.48