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 3.12 10 2.10 8.06
Op profit growth (12) 20.10 (4.90) 12.40
EBIT growth (14) 20.60 (5) 8.68
Net profit growth (14) 26.30 (6.20) 3.16
Profitability ratios (%)        
OPM 24.20 28.40 26.10 28
EBIT margin 21.30 25.40 23.10 24.90
Net profit margin 13.90 16.60 14.50 15.70
RoCE 25.50 33.40 30 34.10
RoNW 4.60 6.26 5.52 6.50
RoA 4.17 5.46 4.69 5.40
Per share ratios ()        
EPS 17.60 20.40 13.70 15.70
Dividend per share 1 8.25 11 7.75
Cash EPS 12.60 15.70 11.40 12.40
Book value per share 105 86.70 76.10 70.10
Valuation ratios        
P/E 17.30 18.60 22.60 23.60
P/CEPS 24.20 24.20 27.20 29.80
P/B 2.91 4.38 4.06 5.27
EV/EBIDTA 9.08 10.40 10.20 11.50
Payout (%)        
Dividend payout 5.68 19.60 55.70 54
Tax payout (34) (34) (36) (36)
Liquidity ratios        
Debtor days 76.10 64.30 64.20 61.10
Inventory days 28.10 29.60 27.40 28.50
Creditor days (49) (37) (29) (30)
Leverage ratios        
Interest coverage (74) (77) (52) (66)
Net debt / equity (0.10) (0.10) 0.03 --
Net debt / op. profit (0.50) (0.10) 0.09 (0.10)
Cost breakup ()        
Material costs (31) (29) (30) (32)
Employee costs (19) (19) (19) (17)
Other costs (26) (23) (25) (23)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 2,328 2,258 2,052 2,010
yoy growth (%) 3.12 10 2.10 8.06
Raw materials (731) (661) (619) (648)
As % of sales 31.40 29.30 30.10 32.20
Employee costs (436) (426) (392) (346)
As % of sales 18.70 18.90 19.10 17.20
Other costs (598) (529) (507) (454)
As % of sales 25.70 23.40 24.70 22.60
Operating profit 564 642 535 562
OPM 24.20 28.40 26.10 28
Depreciation (92) (86) (88) (88)
Interest expense (6.70) (7.40) (9.20) (7.60)
Other income 23.80 17 28.10 25.70
Profit before tax 488 565 466 492
Taxes (164) (191) (169) (176)
Tax rate (34) (34) (36) (36)
Minorities and other -- -- 0.01 --
Adj. profit 324 375 297 316
Exceptional items -- -- -- --
Net profit 324 375 297 316
yoy growth (%) (14) 26.30 (6.20) 3.16
NPM 13.90 16.60 14.50 15.70
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 488 565 466 492
Depreciation (92) (86) (88) (88)
Tax paid (164) (191) (169) (176)
Working capital 459 303 113 24
Other operating items -- -- -- --
Operating cashflow 690 591 321 252
Capital expenditure 829 527 264 56.20
Free cash flow 1,520 1,118 585 308
Equity raised 2,086 1,854 1,887 1,894
Investments 19.30 (19) (10) (3.80)
Debt financing/disposal (160) (87) 20.80 11.70
Dividends paid 18.40 73.60 124 142
Other items -- -- -- --
Net in cash 3,483 2,939 2,607 2,353
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 175 184 184 184
Preference capital -- -- -- --
Reserves 1,652 1,745 1,411 1,214
Net worth 1,827 1,929 1,594 1,398
Minority interest
Debt 50.80 44.90 80.90 137
Deferred tax liabilities (net) 125 122 113 111
Total liabilities 2,002 2,096 1,788 1,646
Fixed assets 987 1,023 932 913
Intangible assets
Investments 36.60 35.60 26.90 70.70
Deferred tax asset (net) 52.60 41.70 34.50 30
Net working capital 793 674 620 543
Inventories 250 160 199 167
Inventory Days -- 25.10 32.10 29.80
Sundry debtors 637 553 418 377
Debtor days -- 86.70 67.60 67.10
Other current assets 351 362 334 333
Sundry creditors (296) (260) (211) (120)
Creditor days -- 40.80 34.10 21.40
Other current liabilities (148) (141) (120) (215)
Cash 133 322 175 90
Total assets 2,002 2,096 1,788 1,646
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 2,463 2,311 2,258 2,022 1,979
Excise Duty -- -- -- -- --
Net Sales 2,463 2,311 2,258 2,022 1,979
Other Operating Income -- -- -- 27.60 30.40
Other Income 16.70 23.80 17 24.10 25.70
Total Income 2,479 2,335 2,275 2,073 2,035
Total Expenditure ** 1,958 1,747 1,616 1,514 1,447
PBIDT 521 588 659 559 588
Interest 8.50 6.70 7.45 13.80 7.56
PBDT 512 581 652 545 580
Depreciation 98.60 92.40 86.30 85.30 88.10
Minority Interest Before NP -- -- -- -- --
Tax 148 165 193 168 178
Deferred Tax (8.50) (0.60) (2.10) (0.20) (2.10)
Reported Profit After Tax 274 324 375 292 316
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest 274 324 375 292 316
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 274 324 375 292 316
EPS (Unit Curr.) 15.30 17.60 20.30 15.80 17.20
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 100 10 40 110 77.50
Equity 175 184 184 184 184
Public Shareholding (Number) -- -- -- -- 55,159,521
Public Shareholding (%) -- -- -- -- 30
Pledged/Encumbered - No. of Shares -- -- -- -- 47,981,510
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- 37.30
Pledged/Encumbered - % in Total Equity -- -- -- -- 26.10
Non Encumbered - No. of Shares -- -- -- -- 80,508,227
Non Encumbered - % in Total Promoters Holding -- -- -- -- 62.70
Non Encumbered - % in Total Equity -- -- -- -- 43.80
PBIDTM(%) 21.20 25.40 29.20 27.60 29.70
PBDTM(%) 20.80 25.10 28.90 27 29.30
PATM(%) 11.10 14 16.60 14.40 16