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 10.80 3.38 13.50 12.40
Op profit growth (2.70) (33) 101 38.70
EBIT growth (46) (50) 276 73.10
Net profit growth (1,645) (94) (612) (26)
Profitability ratios (%)        
OPM 3.55 4.04 6.25 3.53
EBIT margin 0.86 1.76 3.64 1.10
Net profit margin (0.80) 0.05 0.99 (0.20)
RoCE 3.09 5.83 12.60 3.80
RoNW (1.90) 0.12 2.08 (0.40)
RoA (0.70) 0.05 0.85 (0.20)
Per share ratios ()        
EPS -- -- 5.73 --
Dividend per share 0.75 0.75 0.75 0.75
Cash EPS (23) (15) (9.90) (13)
Book value per share 57.40 61.70 63.40 58.90
Valuation ratios        
P/E -- -- 71.50 --
P/CEPS (16) (24) (41) (30)
P/B 6.32 5.91 6.46 6.53
EV/EBIDTA 20.20 18.60 14.70 27.40
Payout (%)        
Dividend payout -- 624 17.70 (88)
Tax payout 44.70 482 (37) 108
Liquidity ratios        
Debtor days 4.04 6.31 6.36 3.87
Inventory days 43 44.70 40.70 39.60
Creditor days (39) (42) (43) (42)
Leverage ratios        
Interest coverage (0.50) (0.90) (2) (0.60)
Net debt / equity 1.83 1.59 1.38 1.26
Net debt / op. profit 5.04 4.57 2.73 4.63
Cost breakup ()        
Material costs (65) (65) (63) (65)
Employee costs (7.90) (7.50) (7.40) (7.70)
Other costs (24) (24) (24) (24)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2017 Mar-2016 Mar-2015 Mar-2014
Revenue 4,910 4,432 4,287 3,778
yoy growth (%) 10.80 3.38 13.50 12.40
Raw materials (3,189) (2,863) (2,693) (2,446)
As % of sales 65 64.60 62.80 64.70
Employee costs (389) (333) (316) (292)
As % of sales 7.91 7.51 7.36 7.72
Other costs (1,158) (1,057) (1,011) (907)
As % of sales 23.60 23.80 23.60 24
Operating profit 174 179 268 133
OPM 3.55 4.04 6.25 3.53
Depreciation (151) (130) (125) (98)
Interest expense (87) (85) (78) (65)
Other income 18.80 28.50 13.30 6.18
Profit before tax (45) (6.90) 77.80 (24)
Taxes (20) (33) (29) (26)
Tax rate 44.70 482 (37) 108
Minorities and other 41.10 42.70 (6.60) 42
Adj. profit (24) 2.41 42.40 (7.60)
Exceptional items (13) -- -- (0.70)
Net profit (37) 2.41 42.40 (8.30)
yoy growth (%) (1,645) (94) (612) (26)
NPM (0.80) 0.05 0.99 (0.20)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2017 Mar-2016 Mar-2015 Mar-2014
Profit before tax (45) (6.90) 77.80 (24)
Depreciation (151) (130) (125) (98)
Tax paid (20) (33) (29) (26)
Working capital 68.90 53.40 74.80 --
Other operating items -- -- -- --
Operating cashflow (148) (116) (1.50) (148)
Capital expenditure 226 (32) 320 --
Free cash flow 78.40 (149) 319 (148)
Equity raised 935 959 910 912
Investments 19.90 38.90 -- --
Debt financing/disposal 662 479 332 48.30
Dividends paid -- 12.50 6.25 6.24
Other items -- -- -- --
Net in cash 1,696 1,340 1,567 819
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 41.80 42 41.70 41.60
Preference capital -- -- -- --
Reserves 437 473 487 449
Net worth 479 515 528 490
Minority interest
Debt 885 829 751 645
Deferred tax liabilities (net) 7.39 7.08 18.20 20.80
Total liabilities 1,377 1,350 1,324 1,158
Fixed assets 942 940 931 896
Intangible assets
Investments 19.90 39 0.02 0.02
Deferred tax asset (net) 11.70 10.70 8.67 10.80
Net working capital 395 350 365 223
Inventories 578 579 506 449
Inventory Days 42.90 47.70 43.10 43.40
Sundry debtors 56.80 51.90 101 48
Debtor days 4.22 4.27 8.64 4.64
Other current assets 448 408 423 356
Sundry creditors (505) (507) (481) (457)
Creditor days 37.50 41.80 40.90 44.10
Other current liabilities (182) (182) (185) (173)
Cash 7.61 10.40 19.90 27.90
Total assets 1,377 1,350 1,324 1,158
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2017 Mar-2016 Mar-2015 Mar-2014 Mar-2013
Gross Sales 4,910 4,432 4,200 3,706 3,212
Excise Duty -- -- -- -- --
Net Sales 4,910 4,432 4,200 3,706 3,212
Other Operating Income -- -- 86.90 72.30 56.50
Other Income 25.10 28.50 13.30 6.18 6.89
Total Income 4,935 4,460 4,300 3,784 3,276
Total Expenditure ** 4,755 4,253 4,019 3,646 3,173
PBIDT 180 208 281 139 102
Interest 87.40 84.90 78.10 65.30 54.90
PBDT 92.90 123 203 73.40 47.50
Depreciation 151 130 125 98.10 79.10
Minority Interest Before NP -- -- -- -- --
Tax 20.90 42.80 28.80 22 22.80
Deferred Tax (0.70) (9.40) -- 3.70 --
Reported Profit After Tax (78) (40) 49 (50) (54)
Minority Interest After NP -- -- 6.60 (42) (43)
Net Profit after Minority Interest (78) (40) 42.40 (8.30) (11)
Extra-ordinary Items (8.20) -- -- 0.03 (0.20)
Adjusted Profit After Extra-ordinary item (70) (40) 42.40 (8.30) (11)
EPS (Unit Curr.) (4.50) 0.29 5.09 (1) (1.40)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 15 15 15 15 15
Equity 41.80 41.70 41.70 41.60 41.50
Public Shareholding (Number) -- -- 27,338,131 27,186,086 26,949,844
Public Shareholding (%) -- -- 32.80 32.70 32.50
Pledged/Encumbered - No. of Shares -- -- 7,077,204 7,077,204 7,077,204
Pledged/Encumbered - % in Total Promoters Holding -- -- 12.60 12.60 12.60
Pledged/Encumbered - % in Total Equity -- -- 8.49 8.50 8.53
Non Encumbered - No. of Shares -- -- 48,952,470 48,952,472 48,952,472
Non Encumbered - % in Total Promoters Holding -- -- 87.40 87.40 87.40
Non Encumbered - % in Total Equity -- -- 58.70 58.80 59
PBIDTM(%) 3.67 4.68 6.70 3.74 3.19
PBDTM(%) 1.89 2.77 4.84 1.98 1.48
PATM(%) (1.60) (0.90) 1.17 (1.40) (1.70)