Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2016 Mar-2015 Mar-2014 Mar-2013
Growth matrix (%)        
Revenue growth (2.80) (6) 10.50 10.10
Op profit growth (51) (31) 1.72 18.20
EBIT growth (83) (29) (1) 13.70
Net profit growth (150) (28) (28) 4.80
Profitability ratios (%)        
OPM 6.02 11.80 16 17.40
EBIT margin 1.71 9.62 12.70 14.20
Net profit margin (2.50) 4.81 6.26 9.63
RoCE (12) (64) 46 575
RoNW (1.30) 2.38 3.39 5.24
RoA (0.60) 1.10 1.57 2.36
Per share ratios ()        
EPS -- 15.40 22.50 32
Dividend per share 3 10 10 10
Cash EPS (28) (0.90) 7.31 19.70
Book value per share 168 182 185 172
Valuation ratios        
P/E 2.32 1.93 0.79 1.06
P/CEPS (14) (374) 20 9.25
P/B 2.32 1.93 0.79 1.06
EV/EBIDTA 22.10 10.10 5.12 5.46
Payout (%)        
Dividend payout (41) 68.90 48.30 34.70
Tax payout (3) (26) (23) (6.10)
Liquidity ratios        
Debtor days 152 145 124 117
Inventory days 28.50 27.40 24.20 19.30
Creditor days (39) (33) (34) (45)
Leverage ratios        
Interest coverage (0.40) (3.10) (2.80) (3.60)
Net debt / equity 1 1.03 1.04 0.96
Net debt / op. profit 7.88 4.35 3.10 2.71
Cost breakup ()        
Material costs (54) (54) (50) (44)
Employee costs (13) (12) (11) (11)
Other costs (27) (21) (23) (27)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2016 Mar-2015 Mar-2014 Mar-2013
Revenue 384 396 421 381
yoy growth (%) (2.80) (6) 10.50 10.10
Raw materials (206) (215) (211) (169)
As % of sales 53.60 54.40 50 44.50
Employee costs (51) (49) (45) (41)
As % of sales 13.20 12.50 10.60 10.70
Other costs (104) (84) (98) (104)
As % of sales 27.20 21.30 23.40 27.40
Operating profit 23.10 46.80 67.60 66.40
OPM 6.02 11.80 16 17.40
Depreciation (21) (20) (18) (15)
Interest expense (16) (12) (19) (15)
Other income 4.30 11.30 4.44 2.96
Profit before tax (9.80) 25.70 34.30 39.10
Taxes 0.30 (6.60) (7.90) (2.40)
Tax rate (3) (26) (23) (6.10)
Minorities and other -- -- -- --
Adj. profit (9.50) 19 26.40 36.70
Exceptional items -- -- -- --
Net profit (9.50) 19 26.40 36.70
yoy growth (%) (150) (28) (28) 4.80
NPM (2.50) 4.81 6.26 9.63
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2016 Mar-2015 Mar-2014 Mar-2013
Profit before tax (9.80) 25.70 34.30 39.10
Depreciation (21) (20) (18) (15)
Tax paid 0.30 (6.60) (7.90) (2.40)
Working capital 16.60 41.80 -- (42)
Other operating items -- -- -- --
Operating cashflow (14) 40.80 7.97 (20)
Capital expenditure 69.30 14.70 -- (15)
Free cash flow 55.50 55.40 7.97 (35)
Equity raised 337 356 367 338
Investments -- -- -- --
Debt financing/disposal (13) 22.90 13.20 (23)
Dividends paid 3.27 10.90 10.90 10.90
Other items -- -- -- --
Net in cash 383 445 399 291
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2016 Mar-2015 Mar-2014 Mar-2013
Equity capital 10.90 10.90 10.90 10.90
Preference capital -- -- -- --
Reserves 172 187 191 176
Net worth 183 198 202 187
Minority interest
Debt 192 208 229 185
Deferred tax liabilities (net) 17.70 13.70 18.90 19.10
Total liabilities 392 420 450 391
Fixed assets 202 200 213 200
Intangible assets
Investments -- -- -- --
Deferred tax asset (net) 10.40 6.16 7.07 9.03
Net working capital 170 210 211 177
Inventories 35.30 24.80 34.70 21.20
Inventory Days 33.50 22.80 30.10 20.30
Sundry debtors 149 171 144 143
Debtor days 142 157 125 137
Other current assets 54.60 81.20 86.90 81.40
Sundry creditors (42) (36) (27) (39)
Creditor days 39.50 33.30 23.40 37.70
Other current liabilities (27) (31) (28) (29)
Cash 9.52 3.93 19 4.97
Total assets 392 420 450 391
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2016 Mar-2015 Mar-2014 Mar-2013 Mar-2012
Gross Sales 374 386 411 372 337
Excise Duty -- -- -- -- --
Net Sales 374 386 411 372 337
Other Operating Income 10.90 9.15 9.73 10.60 9.41
Other Income 4.30 11.30 4.44 2.96 3.90
Total Income 389 407 426 386 350
Total Expenditure ** 358 349 351 316 290
PBIDT 30.30 58.10 74 69.40 60.10
Interest 19.30 12.40 21.30 15.10 12.30
PBDT 11 45.70 52.70 54.30 47.80
Depreciation 20.90 20.10 18.40 15.20 12.50
Minority Interest Before NP -- -- -- 0.42 --
Tax (0.30) 6.63 6.19 -- --
Deferred Tax -- -- 1.74 1.95 0.32
Reported Profit After Tax (9.60) 19 26.40 36.70 35
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest (9.60) 19 26.40 36.70 35
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item (9.60) 19 26.40 36.70 35
EPS (Unit Curr.) (8.80) 17.50 24.20 33.70 32.70
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 30 100 100 -- --
Equity 10.90 10.90 10.90 10.90 10.80
Public Shareholding (Number) -- 3,312,598 3,310,898 -- --
Public Shareholding (%) -- 30.40 30.40 -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- 7,591,161 7,592,861 -- --
Non Encumbered - % in Total Promoters Holding -- 100 100 -- --
Non Encumbered - % in Total Equity -- 69.60 69.60 -- --
PBIDTM(%) 8.11 15 18 18.70 17.90
PBDTM(%) 2.96 11.80 12.80 14.60 14.20
PATM(%) (2.60) 4.93 6.41 9.87 10.40