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 6.08 37.30 65.30 20.70
Op profit growth (29) 307 195 (42)
EBIT growth (34) 508 1,002 (92)
Net profit growth (102) (6,250) (104) 208
Profitability ratios (%)        
OPM 13.50 20.20 6.79 3.80
EBIT margin 11.40 18.30 4.13 0.62
Net profit margin 1.04 (51) 1.14 (47)
RoCE 45.90 (24) 25.20 (0.70)
RoNW 0.22 (10) 0.15 (3.50)
RoA 0.15 (6.50) 0.10 (2.40)
Per share ratios ()        
EPS 0.11 -- 0.15 --
Dividend per share -- -- -- --
Cash EPS (0.20) (7.10) (0.50) (4.80)
Book value per share 14.60 13.90 26.10 29.20
Valuation ratios        
P/E 133 -- 51 --
P/CEPS (64) (2.70) (15) (0.60)
P/B 1 1.40 0.29 0.10
EV/EBIDTA 12.30 10.10 17.40 35.60
Payout (%)        
Dividend payout -- -- -- --
Tax payout (5.20) 117 6,308 (211)
Liquidity ratios        
Debtor days 144 170 228 391
Inventory days 149 224 437 699
Creditor days (103) (136) (173) (290)
Leverage ratios        
Interest coverage (2.70) (85) (1) (0.10)
Net debt / equity 0.29 0.67 0.51 0.52
Net debt / op. profit 2.97 3.51 14.80 42.80
Cost breakup ()        
Material costs (75) (69) (81) (81)
Employee costs (2.20) (1.60) (2.30) (4.60)
Other costs (9.60) (9.60) (10) (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 231 218 159 95.90
yoy growth (%) 6.08 37.30 65.30 20.70
Raw materials (172) (149) (128) (78)
As % of sales 74.70 68.60 80.90 81.50
Employee costs (5.10) (3.50) (3.70) (4.40)
As % of sales 2.21 1.59 2.31 4.57
Other costs (22) (21) (16) (9.70)
As % of sales 9.61 9.60 10 10.20
Operating profit 31.20 43.90 10.80 3.65
OPM 13.50 20.20 6.79 3.80
Depreciation (7.40) (7.50) (7.80) (4.60)
Interest expense (9.90) (0.50) (6.50) (9.30)
Other income 2.54 3.44 3.60 1.55
Profit before tax 16.40 39.30 0.03 (8.70)
Taxes (0.90) 46 1.78 18.30
Tax rate (5.20) 117 6,308 (211)
Minorities and other -- -- -- --
Adj. profit 15.60 85.30 1.80 9.65
Exceptional items (13) (196) -- (55)
Net profit 2.40 (111) 1.80 (45)
yoy growth (%) (102) (6,250) (104) 208
NPM 1.04 (51) 1.14 (47)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2017 Mar-2016 Mar-2015 Mar-2014
Profit before tax 16.40 39.30 0.03 (8.70)
Depreciation (7.40) (7.50) (7.80) (4.60)
Tax paid (0.90) 46 1.78 18.30
Working capital (66) (94) 30.90 (31)
Other operating items -- -- -- --
Operating cashflow (58) (16) 24.90 (26)
Capital expenditure (2.30) (10) (9.70) 9.71
Free cash flow (60) (26) 15.20 (16)
Equity raised 642 645 567 607
Investments (0.70) (1.30) (1.70) 1.68
Debt financing/disposal 10.50 61.80 69.70 98.40
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 592 679 650 691
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 64.70 54.80 28.10 20.50
Preference capital -- -- -- --
Reserves 257 176 282 279
Net worth 322 231 310 300
Minority interest
Debt 94.10 157 161 158
Deferred tax liabilities (net) -- -- -- --
Total liabilities 416 387 471 458
Fixed assets 132 138 145 162
Intangible assets
Investments 6.67 6.79 6.43 8.11
Deferred tax asset (net) 61.90 62.10 16.10 14.30
Net working capital 214 179 302 271
Inventories 114 75.20 192 188
Inventory Days 180 126 442 714
Sundry debtors 88.10 94.40 108 90.20
Debtor days 139 158 249 343
Other current assets 108 107 124 111
Sundry creditors (51) (62) (68) (72)
Creditor days 81.30 103 156 274
Other current liabilities (44) (37) (54) (45)
Cash 1.58 2.41 2.12 2.11
Total assets 416 387 471 458
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Dec-2016 Dec-2015 Dec-2014 Mar-2014 Jun-2013
Gross Sales 164 154 114 94.90 77.80
Excise Duty -- -- -- -- --
Net Sales 164 154 114 94.90 77.80
Other Operating Income 1.04 1.46 1.71 1 1.46
Other Income 1.21 1.90 4.49 2.54 5.09
Total Income 166 157 120 98.40 84.40
Total Expenditure ** 145 130 116 148 73.90
PBIDT 20.50 27.70 4.11 (50) 10.50
Interest 2.70 0.38 10.30 9.27 12.90
PBDT 17.80 27.30 (6.20) (59) (2.40)
Depreciation 5.57 5.76 5.89 4.60 4.71
Minority Interest Before NP -- -- -- -- --
Tax 2.37 4.13 (0.20) (18) 7.45
Deferred Tax -- -- -- -- --
Reported Profit After Tax 9.84 17.40 (12) (45) (15)
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest 9.84 17.40 (12) (45) (15)
Extra-ordinary Items -- (7.10) 3.15 (55) --
Adjusted Profit After Extra-ordinary item 9.84 24.50 (15) 9.65 (15)
EPS (Unit Curr.) 0.56 1.05 (1.20) (4.40) --
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 35.40 33.20 20.50 20.50 20.50
Public Shareholding (Number) -- 140,222,998 94,255,998 94,256,000 94,256,000
Public Shareholding (%) -- 84.40 92 92 92
Pledged/Encumbered - No. of Shares -- 4,487,000 4,487,000 4,487,000 4,487,000
Pledged/Encumbered - % in Total Promoters Holding -- 17.30 54.40 54.40 54.40
Pledged/Encumbered - % in Total Equity -- 2.70 4.38 4.38 4.38
Non Encumbered - No. of Shares -- 21,428,125 3,755,277 3,755,277 3,755,277
Non Encumbered - % in Total Promoters Holding -- 82.70 45.60 45.60 45.60
Non Encumbered - % in Total Equity -- 12.90 3.66 3.66 3.66
PBIDTM(%) 12.50 18 3.61 (52) 13.40
PBDTM(%) 10.90 17.70 (5.50) (62) (3.10)
PATM(%) 6.01 11.30 (10) (47) (19)