Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2019 Mar-2018 Mar-2017 Mar-2016
Growth matrix (%)        
Revenue growth 0.07 (1.20) (19) (27)
Op profit growth (8.90) (47) (42) (18)
EBIT growth 26 (44) (24) (19)
Net profit growth (57) (79) (35) (0.30)
Profitability ratios (%)        
OPM 5.25 5.77 10.70 15.10
EBIT margin 9.30 7.39 13 13.80
Net profit margin 0.37 0.85 3.98 4.92
RoCE 3.39 3.20 6.87 9.52
RoNW 0.08 0.21 1.18 1.89
RoA 0.03 0.09 0.53 0.85
Per share ratios ()        
EPS 0.04 0.10 0.52 0.79
Dividend per share -- -- 0.10 --
Cash EPS (0.10) (0.10) 0.32 0.57
Book value per share 12.60 12.80 11 10.80
Valuation ratios        
P/E 165 162 17 14.80
P/CEPS (118) (261) 27.60 20.70
P/B 0.52 1.26 0.80 1.08
EV/EBIDTA 22.60 30.60 12 8.70
Payout (%)        
Dividend payout -- -- 19.40 --
Tax payout (67) 12.20 (34) (38)
Liquidity ratios        
Debtor days 7.84 10.30 13.50 10.60
Inventory days 793 784 747 616
Creditor days (51) (75) (93) (74)
Leverage ratios        
Interest coverage (1.10) (1.10) (1.90) (2.40)
Net debt / equity 1.55 1.12 1.24 0.87
Net debt / op. profit 32.70 21.90 9.84 3.88
Cost breakup ()        
Material costs (73) (72) (67) (62)
Employee costs (6) (5.80) (5.80) (9.10)
Other costs (16) (17) (17) (14)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2019 Mar-2018 Mar-2017 Mar-2016
Revenue 146 146 147 182
yoy growth (%) 0.07 (1.20) (19) (27)
Raw materials (106) (105) (98) (113)
As % of sales 72.80 71.80 66.60 62.20
Employee costs (8.70) (8.40) (8.50) (17)
As % of sales 5.96 5.78 5.79 9.13
Other costs (23) (24) (25) (25)
As % of sales 15.90 16.70 16.80 13.60
Operating profit 7.65 8.40 15.80 27.50
OPM 5.25 5.77 10.70 15.10
Depreciation (1.30) (2) (2.20) (2.50)
Interest expense (12) (9.70) (10) (11)
Other income 7.15 4.40 5.49 0.10
Profit before tax 1.64 1.11 8.91 14.40
Taxes (1.10) 0.13 (3) (5.50)
Tax rate (67) 12.20 (34) (38)
Minorities and other -- -- -- --
Adj. profit 0.53 1.24 5.87 8.96
Exceptional items -- -- -- --
Net profit 0.53 1.24 5.87 8.96
yoy growth (%) (57) (79) (35) (0.30)
NPM 0.37 0.85 3.98 4.92
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2019 Mar-2018 Mar-2017 Mar-2016
Profit before tax 1.64 1.11 8.91 14.40
Depreciation (1.30) (2) (2.20) (2.50)
Tax paid (1.10) 0.13 (3) (5.50)
Working capital 214 103 2.51 (67)
Other operating items -- -- -- --
Operating cashflow 213 103 6.15 (61)
Capital expenditure 32.50 87.50 36.60 5.10
Free cash flow 246 190 42.70 (56)
Equity raised 194 199 166 175
Investments 37.40 40.50 40.40 0.59
Debt financing/disposal 233 181 27.10 0.45
Dividends paid -- -- 1.14 --
Other items -- -- -- --
Net in cash 711 611 277 120
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 42.10 42.10 22.70 22.70
Preference capital -- -- -- --
Reserves 120 122 102 100
Net worth 162 164 125 123
Minority interest
Debt 266 208 175 132
Deferred tax liabilities (net) -- -- 0.04 0.26
Total liabilities 427 372 300 255
Fixed assets 47.90 100 101 107
Intangible assets
Investments 40.70 40.70 40.70 40.80
Deferred tax asset (net) 1.34 1.79 0.88 0.48
Net working capital 322 206 138 81.50
Inventories 320 313 312 292
Inventory Days 802 785 773 585
Sundry debtors 3.28 2.98 5.25 5.63
Debtor days 8.22 7.47 13 11.30
Other current assets 262 173 117 120
Sundry creditors (20) (18) (38) (29)
Creditor days 50.40 45.40 94.50 57.30
Other current liabilities (243) (265) (259) (308)
Cash 15.20 23.40 19.30 25.50
Total assets 427 372 300 255
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Dec-2018 Sep-2018 Jun-2018 Mar-2018 Dec-2017
Gross Sales 35 38.40 31 42.50 31.30
Excise Duty -- -- -- -- --
Net Sales 35 38.40 31 42.50 31.30
Other Operating Income -- -- -- -- --
Other Income 0.45 0.63 0.30 4.36 0.01
Total Income 35.50 39 31.30 46.80 31.30
Total Expenditure ** 31.60 35.90 28.30 44.10 28.60
PBIDT 3.88 3.17 3 2.75 2.74
Interest 2.52 2.29 2.26 5.01 1.74
PBDT 1.36 0.88 0.74 (2.30) 1
Depreciation 0.31 0.38 0.46 0.55 0.47
Minority Interest Before NP -- -- -- -- --
Tax 0.32 0.38 0.23 (0.80) 0.40
Deferred Tax 0.07 (0.20) (0.10) (0.20) (0.10)
Reported Profit After Tax 0.65 0.28 0.19 (1.80) 0.24
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest 0.65 0.28 0.19 (1.80) 0.24
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 0.65 0.28 0.19 (1.80) 0.24
EPS (Unit Curr.) 0.05 0.02 0.01 (0.20) 0.02
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 25.70 25.70 25.70 25.70 22.70
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 11.10 8.25 9.67 6.48 8.76
PBDTM(%) 3.88 2.29 2.38 (5.30) 3.20
PATM(%) 1.86 0.73 0.61 (4.30) 0.77