Dai-ichi Karkaria Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2020 Mar-2018 Mar-2017 Mar-2016
Growth matrix (%)        
Revenue growth (28) 18.40 (35) 7.09
Op profit growth (129) (0.10) (46) 45.20
EBIT growth (165) (40) (19) 35.40
Net profit growth (268) (45) 13.90 (6.10)
Profitability ratios (%)        
OPM (4.70) 11.70 13.90 16.60
EBIT margin (10) 11.10 21.90 17.50
Net profit margin (21) 9.15 19.80 11.30
RoCE (4.40) 8.38 19.50 28.70
RoNW (4.10) 2.21 4.51 4.66
RoA (2.40) 1.73 4.40 4.61
Per share ratios ()        
EPS -- 16.10 28 27.40
Dividend per share -- 2.50 3 3
Cash EPS (43) 12.30 30.70 26.20
Book value per share 161 213 201 170
Valuation ratios        
P/E -- 24.60 17.70 12.80
P/CEPS (4) 32.10 16.10 13.30
P/B 1.09 1.86 2.47 2.06
EV/EBIDTA (189) 17.40 12.50 6.94
Payout (%)        
Dividend payout -- 13.60 8.99 17
Tax payout -- (27) (24) (35)
Liquidity ratios        
Debtor days 86.40 62.20 83.30 70.20
Inventory days 67.60 43.60 46.70 30.50
Creditor days (106) (77) (78) (62)
Leverage ratios        
Interest coverage 1.04 (118) (276) (70)
Net debt / equity 0.88 0.44 -- (0.10)
Net debt / op. profit (21) 4 -- (0.30)
Cost breakup ()        
Material costs (67) (64) (61) (59)
Employee costs (15) (10) (11) (8.90)
Other costs (23) (15) (15) (16)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Revenue 107 149 126 194
yoy growth (%) (28) 18.40 (35) 7.09
Raw materials (72) (95) (76) (114)
As % of sales 66.70 63.50 60.50 58.90
Employee costs (16) (15) (14) (17)
As % of sales 15.10 10.10 10.90 8.91
Other costs (25) (22) (19) (30)
As % of sales 22.90 14.70 14.70 15.70
Operating profit (5.10) 17.40 17.50 32.10
OPM (4.70) 11.70 13.90 16.60
Depreciation (9.50) (4.50) (2) (2.30)
Interest expense (10) (0.10) (0.10) (0.50)
Other income 3.84 3.54 12.20 4.24
Profit before tax (21) 16.40 27.50 33.50
Taxes -- (4.40) (6.60) (12)
Tax rate -- (27) (24) (35)
Minorities and other 2.02 1.67 4.02 --
Adj. profit (19) 13.70 24.90 21.90
Exceptional items (4) -- -- --
Net profit (23) 13.70 24.90 21.90
yoy growth (%) (268) (45) 13.90 (6.10)
NPM (21) 9.15 19.80 11.30
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Profit before tax (21) 16.40 27.50 33.50
Depreciation (9.50) (4.50) (2) (2.30)
Tax paid -- (4.40) (6.60) (12)
Working capital 16 23.70 1.66 11.80
Other operating items -- -- -- --
Operating cashflow (14) 31.20 20.50 31.40
Capital expenditure 127 47.30 (33) 7.38
Free cash flow 112 78.50 (13) 38.70
Equity raised 195 202 186 179
Investments (11) 13.30 44.70 9.20
Debt financing/disposal 110 77.90 4.46 0.17
Dividends paid -- 1.86 2.24 2.24
Other items -- -- -- --
Net in cash 406 373 225 230
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2019 Mar-2018 Mar-2017
Equity capital 7.45 7.45 7.45 7.45
Preference capital -- -- -- --
Reserves 112 135 151 142
Net worth 120 143 159 150
Minority interest
Debt 108 104 76.70 3.96
Deferred tax liabilities (net) 17.90 9.33 2.78 1.73
Total liabilities 246 256 238 156
Fixed assets 156 169 136 52.40
Intangible assets
Investments 22.80 23.80 41.30 64.20
Deferred tax asset (net) 28.70 20.10 1.69 1.51
Net working capital 34.80 35.20 52 32.60
Inventories 20.40 17.10 19.30 16.30
Inventory Days 69.50 -- 47.30 47.20
Sundry debtors 20.40 16.50 30.30 20.50
Debtor days 69.50 -- 74.10 59.40
Other current assets 36.40 36.20 41.90 20.50
Sundry creditors (30) (29) (35) (20)
Creditor days 101 -- 86.20 59.10
Other current liabilities (13) (5.60) (4.30) (4.30)
Cash 3.60 7.68 6.92 4.82
Total assets 246 256 238 156
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Sep-2020 Jun-2020 Mar-2020 Dec-2019 Sep-2019
Gross Sales 24.40 17.80 26.40 30.40 27.20
Excise Duty -- -- -- -- --
Net Sales 24.40 17.80 26.40 30.40 27.20
Other Operating Income -- -- -- -- --
Other Income 1.94 0.86 1.57 0.55 1.39
Total Income 26.30 18.70 27.90 30.90 28.60
Total Expenditure ** 25.90 20.60 29.70 30.70 31.50
PBIDT 0.37 (2) (1.80) 0.26 (2.90)
Interest 2.45 2.63 2.47 2.62 2.56
PBDT (2.10) (4.60) (4.20) (2.40) (5.50)
Depreciation 2.38 2.34 2.38 2.34 2.53
Minority Interest Before NP -- -- -- -- --
Tax -- -- -- -- --
Deferred Tax -- -- -- -- --
Reported Profit After Tax (4.50) (6.90) (6.60) (4.70) (8)
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest (4) (6.20) (5.80) (3.80) (7.80)
Extra-ordinary Items -- -- -- (0.40) (3.70)
Adjusted Profit After Extra-ordinary item (4) (6.20) (5.80) (3.50) (4.20)
EPS (Unit Curr.) (5.30) (8.40) (7.80) (5.10) (11)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 7.45 7.45 7.45 7.45 7.45
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(%) 1.52 (11) (6.70) 0.86 (11)
PBDTM(%) (8.50) (26) (16) (7.80) (20)
PATM(%) (18) (39) (25) (15) (29)