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 7.08 15.40 (39) (25)
Op profit growth (155) (509) (73) (123)
EBIT growth 11.50 (18) (47) (57,266)
Net profit growth (27) 85.10 (32) 43.20
Profitability ratios (%)        
OPM (0.80) 1.54 (0.40) (1)
EBIT margin (4) (3.80) (5.40) (6.30)
Net profit margin (14) (20) (12) (11)
RoCE (4.20) (3.70) (4.20) (6.50)
RoNW (18) (18) (6.80) (6.40)
RoA (3.50) (4.80) (2.40) (2.90)
Per share ratios ()        
EPS -- -- -- --
Dividend per share -- -- -- --
Cash EPS (36) (59) (48) (69)
Book value per share 33.10 46.20 95.30 130
Valuation ratios        
P/E -- -- -- --
P/CEPS (1.70) (0.90) (0.80) (0.90)
P/B 1.86 1.22 0.39 0.46
EV/EBIDTA 54.50 32.10 31.80 (59)
Payout (%)        
Dividend payout -- -- -- --
Tax payout 0.23 (25) 0.29 1.57
Liquidity ratios        
Debtor days 46.90 42.90 33.90 44.30
Inventory days 159 164 184 125
Creditor days (54) (81) (88) (53)
Leverage ratios        
Interest coverage 0.42 0.38 0.62 0.99
Net debt / equity 3.51 2.98 1.53 1.11
Net debt / op. profit (80) 39.70 (143) (35)
Cost breakup ()        
Material costs (71) (70) (70) (72)
Employee costs (9.30) (9.80) (11) (12)
Other costs (20) (19) (19) (17)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 385 359 311 507
yoy growth (%) 7.08 15.40 (39) (25)
Raw materials (274) (250) (219) (365)
As % of sales 71.20 69.60 70.40 72
Employee costs (36) (35) (34) (62)
As % of sales 9.32 9.81 10.80 12.10
Other costs (78) (68) (60) (85)
As % of sales 20.20 19.10 19.20 16.90
Operating profit (3) 5.55 (1.40) (5)
OPM (0.80) 1.54 (0.40) (1)
Depreciation (22) (23) (25) (28)
Interest expense (37) (37) (27) (32)
Other income 9.90 4.12 8.99 0.74
Profit before tax (52) (51) (44) (64)
Taxes (0.10) 12.60 (0.10) (1)
Tax rate 0.23 (25) 0.29 1.57
Minorities and other -- -- 0.19 0.14
Adj. profit (52) (38) (44) (65)
Exceptional items -- (34) 5.45 8.25
Net profit (52) (72) (39) (57)
yoy growth (%) (27) 85.10 (32) 43.20
NPM (14) (20) (12) (11)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax (52) (51) (44) (64)
Depreciation (22) (23) (25) (28)
Tax paid (0.10) 12.60 (0.10) (1)
Working capital (8.60) (93) (61) (118)
Other operating items -- -- -- --
Operating cashflow (83) (154) (130) (211)
Capital expenditure 54.20 61.80 (2.50) (25)
Free cash flow (29) (93) (132) (236)
Equity raised 346 389 419 474
Investments (25) (65) (35) (0.10)
Debt financing/disposal 88.80 29.90 26.10 (38)
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 381 261 279 200
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Equity capital 22.50 16 13.20 13.30
Preference capital -- -- -- --
Reserves 47.10 58 113 147
Net worth 69.60 74 126 160
Minority interest
Debt 250 224 198 183
Deferred tax liabilities (net) -- -- 12.80 12.80
Total liabilities 382 358 397 413
Fixed assets 224 240 224 252
Intangible assets
Investments 0.10 0.10 31.70 31.70
Deferred tax asset (net) 13.50 13.60 0.42 0.42
Net working capital 138 101 136 124
Inventories 173 163 159 154
Inventory Days 164 165 187 111
Sundry debtors 45.30 53.60 30.90 26.90
Debtor days 43 54.50 36.20 19.40
Other current assets 35.80 33.40 49 46.40
Sundry creditors (36) (79) (77) (74)
Creditor days 34.30 80.80 90 53
Other current liabilities (79) (70) (26) (30)
Cash 5.82 3.96 4.38 4.65
Total assets 382 358 397 413
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014
Gross Sales 336 277 271 249 422
Excise Duty -- 10.40 21.80 24 --
Net Sales 336 266 249 224 422
Other Operating Income -- -- -- -- --
Other Income 1.40 1.05 0.53 8.74 2.46
Total Income 337 267 249 233 424
Total Expenditure ** 337 274 275 232 421
PBIDT 0.06 (6.90) (25) 1.31 3.50
Interest 24.90 26.20 26 20.50 25.10
PBDT (25) (33) (51) (19) (22)
Depreciation 16.20 16.80 17.70 18.50 21.30
Minority Interest Before NP -- -- -- -- --
Tax -- -- -- -- --
Deferred Tax -- -- -- -- --
Reported Profit After Tax (41) (50) (69) (38) (43)
Minority Interest After NP -- -- (0.40) (0.10) (0.10)
Net Profit after Minority Interest (41) (50) (68) (38) (43)
Extra-ordinary Items -- -- (23) -- 1.62
Adjusted Profit After Extra-ordinary item (41) (50) (46) (38) (44)
EPS (Unit Curr.) (20) (29) (50) (30) (35)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 22.20 21 16 13.20 12.30
Public Shareholding (Number) -- -- -- -- 9,090,487
Public Shareholding (%) -- -- -- -- 73.70
Pledged/Encumbered - No. of Shares -- -- -- -- 1,234,000
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- 38
Pledged/Encumbered - % in Total Equity -- -- -- -- 9.99
Non Encumbered - No. of Shares -- -- -- -- 2,016,567
Non Encumbered - % in Total Promoters Holding -- -- -- -- 62
Non Encumbered - % in Total Equity -- -- -- -- 16.30
PBIDTM(%) 0.02 (2.60) (10) 0.58 0.83
PBDTM(%) (7.40) (12) (21) (8.50) (5.10)
PATM(%) (12) (19) (28) (17) (10)