Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2018 Mar-2017 Mar-2016 Mar-2015
Growth matrix (%)        
Revenue growth 29.50 7.58 38.60 29.40
Op profit growth 29 10.60 96.40 259
EBIT growth 34 11.90 126 (7,369)
Net profit growth 10.80 133 409 (182)
Profitability ratios (%)        
OPM 14.30 14.40 14 9.89
EBIT margin 12.90 12.40 11.90 7.34
Net profit margin 5.94 6.95 3.21 0.87
RoCE 16.70 14.80 15.90 7.98
RoNW 6.37 6.82 3.49 0.79
RoA 1.93 2.07 1.07 0.24
Per share ratios ()        
EPS 6.20 5.74 2.50 --
Dividend per share 2.43 1.56 0.95 0.45
Cash EPS 3.81 3.57 0.56 (1.60)
Book value per share 25.40 22.50 18.50 15.90
Valuation ratios        
P/E 23.40 14.70 43.40 --
P/CEPS 38.20 23.70 196 (47)
P/B 5.73 3.76 5.87 4.64
EV/EBIDTA 12.80 10.60 13.10 17.10
Payout (%)        
Dividend payout -- -- 22.60 115
Tax payout (29) (11) (31) (68)
Liquidity ratios        
Debtor days 14.90 21.50 24 32.40
Inventory days 31.90 38.90 30.70 38.10
Creditor days (62) (58) (58) (78)
Leverage ratios        
Interest coverage (3.10) (2.70) (2.70) (1.30)
Net debt / equity 1.96 1.89 1.77 1.81
Net debt / op. profit 3.43 3.67 3.13 5.38
Cost breakup ()        
Material costs (65) (64) (66) (68)
Employee costs (7.60) (8.10) (8) (10)
Other costs (13) (13) (12) (12)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 29,620 22,871 21,260 15,341
yoy growth (%) 29.50 7.58 38.60 29.40
Raw materials (19,218) (14,734) (13,974) (10,429)
As % of sales 64.90 64.40 65.70 68
Employee costs (2,257) (1,850) (1,711) (1,536)
As % of sales 7.62 8.09 8.05 10
Other costs (3,896) (2,993) (2,597) (1,859)
As % of sales 13.20 13.10 12.20 12.10
Operating profit 4,248 3,294 2,979 1,517
OPM 14.30 14.40 14 9.89
Depreciation (646) (573) (524) (580)
Interest expense (1,232) (1,049) (925) (872)
Other income 206 121 85.10 189
Profit before tax 2,577 1,793 1,615 254
Taxes (751) (196) (497) (172)
Tax rate (29) (11) (31) (68)
Minorities and other (66) (48) (30) 348
Adj. profit 1,760 1,549 1,088 429
Exceptional items 0.39 40.10 (406) (295)
Net profit 1,760 1,589 682 134
yoy growth (%) 10.80 133 409 (182)
NPM 5.94 6.95 3.21 0.87
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 2,577 1,793 1,615 254
Depreciation (646) (573) (524) (580)
Tax paid (751) (196) (497) (172)
Working capital 708 2,082 -- (2,082)
Other operating items -- -- -- --
Operating cashflow 1,888 3,106 595 (2,581)
Capital expenditure (2,825) (2,600) -- 2,600
Free cash flow (937) 507 595 19.20
Equity raised 9,117 8,746 9,430 10,329
Investments 3,218 434 -- (434)
Debt financing/disposal 12,220 9,212 4,105 4,436
Dividends paid -- -- 154 128
Other items -- -- -- --
Net in cash 23,618 18,898 14,284 14,478
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2019 Mar-2018 Mar-2017 Mar-2016
Equity capital 294 293 293 285
Preference capital -- -- -- --
Reserves 8,452 7,128 6,100 4,979
Net worth 8,746 7,421 6,393 5,264
Minority interest
Debt 19,168 15,791 13,168 11,054
Deferred tax liabilities (net) 1,098 727 764 779
Total liabilities 30,087 24,764 20,914 17,513
Fixed assets 7,373 7,036 6,835 5,977
Intangible assets
Investments 1,492 4,383 1,933 1,031
Deferred tax asset (net) 851 571 751 525
Net working capital 18,594 11,545 10,331 8,263
Inventories 3,077 2,214 2,955 1,922
Inventory Days -- 27.30 47.20 33
Sundry debtors 2,717 1,176 1,238 1,461
Debtor days -- 14.50 19.80 25.10
Other current assets 22,689 17,344 12,584 10,015
Sundry creditors (5,315) (5,169) (3,499) (2,722)
Creditor days -- 63.70 55.80 46.70
Other current liabilities (4,575) (4,020) (2,947) (2,413)
Cash 1,777 1,231 1,064 1,717
Total assets 30,087 24,764 20,914 17,513
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 32,753 29,917 24,190 22,320 15,164
Excise Duty -- 282 1,319 1,060 --
Net Sales 32,753 29,636 22,871 21,260 15,164
Other Operating Income 444 -- -- -- 177
Other Income 175 206 171 169 189
Total Income 33,372 29,841 23,042 21,429 15,530
Total Expenditure ** 28,323 25,403 19,591 18,771 14,119
PBIDT 5,049 4,438 3,451 2,658 1,411
Interest 1,502 1,227 1,049 925 872
PBDT 3,547 3,211 2,402 1,733 538
Depreciation 676 646 573 524 580
Minority Interest Before NP -- -- -- -- --
Tax 526 789 440 514 172
Deferred Tax 151 (38) (244) (17) --
Reported Profit After Tax 2,195 1,814 1,633 712 (214)
Minority Interest After NP -- -- -- -- (339)
Net Profit after Minority Interest 2,195 1,814 1,633 712 134
Extra-ordinary Items 2.11 (8.80) 18.80 (237) (123)
Adjusted Profit After Extra-ordinary item 2,192 1,823 1,614 949 257
EPS (Unit Curr.) 7.08 6.02 5.51 2.40 0.48
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 310 243 156 95 45
Equity 294 293 285 285 285
Public Shareholding (Number) -- -- -- -- 1,412,029,595
Public Shareholding (%) -- -- -- -- 49.60
Pledged/Encumbered - No. of Shares -- -- -- -- 140,200,140
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- 9.78
Pledged/Encumbered - % in Total Equity -- -- -- -- 4.92
Non Encumbered - No. of Shares -- -- -- -- 1,293,646,899
Non Encumbered - % in Total Promoters Holding -- -- -- -- 90.20
Non Encumbered - % in Total Equity -- -- -- -- 45.50
PBIDTM(%) 15.40 15 15.10 12.50 9.30
PBDTM(%) 10.80 10.80 10.50 8.15 3.55
PATM(%) 6.70 6.12 7.14 3.35 (1.40)