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 (0.20) (16) (7.50) 9.28
Op profit growth 2.62 2.66 3.03 8.89
EBIT growth 8.28 8 22.50 25.40
Net profit growth 37.70 63.90 (25) 20.70
Profitability ratios (%)        
OPM 10.60 10.30 8.39 7.54
EBIT margin 11.80 10.90 8.47 6.39
Net profit margin 6.62 4.79 2.45 3.03
RoCE 11.40 11.50 10.70 8.82
RoNW 5 4.54 2.68 3.42
RoA 1.60 1.27 0.78 1.04
Per share ratios ()        
EPS 11.90 8.62 3.54 6.36
Dividend per share 1.90 1.90 1.90 1.90
Cash EPS 9.93 6.49 2.64 1.89
Book value per share 68.80 51 44.90 54.40
Valuation ratios        
P/E 13.70 10 15.50 10.60
P/CEPS 16.40 13.30 20.80 35.80
P/B 2.70 1.70 1.22 1.24
EV/EBIDTA 12.70 8.83 8.63 7.98
Payout (%)        
Dividend payout -- -- -- 32.30
Tax payout (33) (33) (32) (39)
Liquidity ratios        
Debtor days 135 167 142 126
Inventory days 39.80 41.50 32.60 26.70
Creditor days (25) (24) (18) (14)
Leverage ratios        
Interest coverage (5.70) (3.20) (2.90) (3.80)
Net debt / equity 1.97 2.11 2.82 1.73
Net debt / op. profit 7.08 5.78 6.96 5.29
Cost breakup ()        
Material costs (61) (63) (65) (58)
Employee costs (2) (1.90) (1.90) (3.50)
Other costs (26) (25) (25) (31)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 7,541 7,553 9,008 9,738
yoy growth (%) (0.20) (16) (7.50) 9.28
Raw materials (4,632) (4,760) (5,811) (5,653)
As % of sales 61.40 63 64.50 58.10
Employee costs (149) (142) (167) (338)
As % of sales 1.98 1.88 1.85 3.47
Other costs (1,963) (1,876) (2,274) (3,013)
As % of sales 26 24.80 25.20 30.90
Operating profit 797 776 756 734
OPM 10.60 10.30 8.39 7.54
Depreciation (85) (92) (111) (216)
Interest expense (155) (254) (266) (163)
Other income 181 140 118 105
Profit before tax 737 570 497 459
Taxes (245) (186) (160) (180)
Tax rate (33) (33) (32) (39)
Minorities and other 7.11 (18) (47) 15.10
Adj. profit 499 366 290 295
Exceptional items -- (4.10) (69) --
Net profit 499 362 221 295
yoy growth (%) 37.70 63.90 (25) 20.70
NPM 6.62 4.79 2.45 3.03
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 737 570 497 459
Depreciation (85) (92) (111) (216)
Tax paid (245) (186) (160) (180)
Working capital 1,806 958 113 (342)
Other operating items -- -- -- --
Operating cashflow 2,213 1,250 338 (279)
Capital expenditure (4,126) (4,576) (3,995) 102
Free cash flow (1,913) (3,326) (3,656) (177)
Equity raised 3,110 2,630 2,666 3,264
Investments 207 173 211 30
Debt financing/disposal 5,281 5,122 6,266 2,101
Dividends paid -- -- -- 79.10
Other items -- -- -- --
Net in cash 6,686 4,600 5,487 5,297
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 405 402 399 416
Preference capital 382 360 -- --
Reserves 2,478 2,104 1,725 1,451
Net worth 3,265 2,865 2,124 1,867
Minority interest
Debt 8,664 5,720 4,619 5,317
Deferred tax liabilities (net) 191 213 249 258
Total liabilities 12,021 8,711 6,909 7,365
Fixed assets 7,027 5,369 2,874 2,432
Intangible assets
Investments 300 207 174 211
Deferred tax asset (net) 1.15 1.29 66.50 11.90
Net working capital 4,612 3,056 3,663 4,656
Inventories 1,323 795 849 868
Inventory Days -- 38.50 41 35.20
Sundry debtors 4,827 2,535 3,036 3,861
Debtor days -- 123 147 156
Other current assets 367 479 991 696
Sundry creditors (1,590) (520) (419) (454)
Creditor days -- 25.20 20.20 18.40
Other current liabilities (316) (232) (795) (316)
Cash 81.10 77.70 132 54.30
Total assets 12,021 8,711 6,909 7,365
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 10,177 7,546 7,574 9,028 9,724
Excise Duty -- 5.05 20.20 20 --
Net Sales 10,177 7,541 7,553 9,008 9,724
Other Operating Income -- -- -- -- 14.10
Other Income 199 184 140 118 105
Total Income 10,377 7,725 7,693 9,126 9,843
Total Expenditure ** 9,147 6,745 6,803 8,441 9,004
PBIDT 1,230 981 891 685 839
Interest 253 155 254 266 163
PBDT 978 826 637 419 676
Depreciation 144 85.40 92.20 111 216
Minority Interest Before NP -- -- -- -- --
Tax 210 214 167 157 163
Deferred Tax 38.20 30.70 18.90 3.68 16.90
Reported Profit After Tax 585 495 359 147 280
Minority Interest After NP -- -- -- -- (15)
Net Profit after Minority Interest 585 495 359 147 295
Extra-ordinary Items (138) -- (2.80) (43) --
Adjusted Profit After Extra-ordinary item 723 495 362 190 295
EPS (Unit Curr.) 14.20 12 8.70 5.31 7.08
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 20 19 19 19 19
Equity 416 416 416 416 416
Public Shareholding (Number) -- -- -- -- 179,944,849
Public Shareholding (%) -- -- -- -- 43.20
Pledged/Encumbered - No. of Shares -- -- -- -- 20,325,000
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- 8.60
Pledged/Encumbered - % in Total Equity -- -- -- -- 4.89
Non Encumbered - No. of Shares -- -- -- -- 215,938,003
Non Encumbered - % in Total Promoters Holding -- -- -- -- 91.40
Non Encumbered - % in Total Equity -- -- -- -- 51.90
PBIDTM(%) 12.10 13 11.80 7.60 8.63
PBDTM(%) 9.60 10.90 8.43 4.65 6.95
PATM(%) 5.75 6.57 4.75 1.64 2.87