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 2.81 (15) (23) (30)
Op profit growth 9.22 (170) (203) 28.30
EBIT growth 30.80 (334) (151) 26.40
Net profit growth (133) (86) 2,889 (92)
Profitability ratios (%)        
OPM 8.36 7.87 (9.60) 7.15
EBIT margin 20.80 16.30 (6) 9.03
Net profit margin 0.81 (2.50) (15) (0.40)
RoCE 17.20 15 (6) 11.60
RoNW (3) 12.90 (67) (1)
RoA 0.17 (0.60) (3.90) (0.10)
Per share ratios ()        
EPS -- -- -- --
Dividend per share -- -- -- --
Cash EPS (2.20) (7.20) (32) (6.70)
Book value per share (7.60) (12) (2.10) 24
Valuation ratios        
P/E -- -- -- --
P/CEPS (13) (7.50) (1.40) (13)
P/B (2.80) (4.60) (4.60) 7.46
EV/EBIDTA 6.83 8.26 (37) 9.29
Payout (%)        
Dividend payout -- -- -- --
Tax payout (18) 0.83 0.42 4.29
Liquidity ratios        
Debtor days 87.70 100 118 98.80
Inventory days 171 160 170 133
Creditor days (179) (191) (166) (148)
Leverage ratios        
Interest coverage (0.90) (0.90) 0.41 (0.90)
Net debt / equity (26) (14) (80) 7.25
Net debt / op. profit 16.50 15 (10) 9.79
Cost breakup ()        
Material costs (29) (30) (47) (29)
Employee costs (7.80) (5.80) (6.60) (11)
Other costs (55) (56) (56) (52)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 1,869 1,818 2,132 2,783
yoy growth (%) 2.81 (15) (23) (30)
Raw materials (541) (549) (1,004) (806)
As % of sales 28.90 30.20 47.10 29
Employee costs (147) (106) (141) (319)
As % of sales 7.84 5.82 6.61 11.50
Other costs (1,025) (1,020) (1,192) (1,459)
As % of sales 54.90 56.10 55.90 52.40
Operating profit 156 143 (205) 199
OPM 8.36 7.87 (9.60) 7.15
Depreciation (45) (48) (56) (64)
Interest expense (409) (349) (308) (273)
Other income 277 202 134 117
Profit before tax (21) (52) (435) (22)
Taxes 3.71 (0.40) (1.80) (1)
Tax rate (18) 0.83 0.42 4.29
Minorities and other 32 5.77 111 12.20
Adj. profit 15.20 (46) (326) (11)
Exceptional items -- -- -- --
Net profit 15.20 (46) (326) (11)
yoy growth (%) (133) (86) 2,889 (92)
NPM 0.81 (2.50) (15) (0.40)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax (21) (52) (435) (22)
Depreciation (45) (48) (56) (64)
Tax paid 3.71 (0.40) (1.80) (1)
Working capital (104) (71) (182) --
Other operating items -- -- -- --
Operating cashflow (165) (171) (675) (87)
Capital expenditure (289) (370) 79 --
Free cash flow (454) (541) (596) (87)
Equity raised (303) (383) (116) 50.30
Investments 167 26 -- --
Debt financing/disposal 2,063 1,186 877 223
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 1,473 288 165 186
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 131 131 131 121
Preference capital -- 39.80 -- 92.80
Reserves (1,969) (270) (285) (240)
Net worth (1,838) (99) (154) (26)
Minority interest
Debt 2,692 2,604 2,162 2,073
Deferred tax liabilities (net) -- 10 8.24 --
Total liabilities 854 2,514 2,016 1,954
Fixed assets 121 183 184 206
Intangible assets
Investments 59.60 319 278 284
Deferred tax asset (net) 243 263 258 0.02
Net working capital 401 1,720 1,275 1,442
Inventories 89.80 1,021 725 873
Inventory Days -- 199 146 149
Sundry debtors 155 495 404 594
Debtor days -- 96.60 81.10 102
Other current assets 2,982 3,007 2,445 2,016
Sundry creditors (769) (967) (713) (1,041)
Creditor days -- 189 143 178
Other current liabilities (2,057) (1,835) (1,587) (1,000)
Cash 29.40 28.50 21.90 21.70
Total assets 854 2,514 2,016 1,954
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 1,239 1,869 1,818 2,132 2,771
Excise Duty -- -- -- -- --
Net Sales 1,239 1,869 1,818 2,132 2,771
Other Operating Income -- -- -- -- 11.70
Other Income 23.10 309 208 134 117
Total Income 1,262 2,178 2,026 2,266 2,899
Total Expenditure ** 2,968 1,713 1,675 2,337 2,584
PBIDT (1,705) 465 351 (71) 316
Interest 290 409 349 308 273
PBDT (1,996) 56 2.09 (379) 42
Depreciation 36.80 44.50 48 56.40 64.20
Minority Interest Before NP -- -- -- -- --
Tax 10.40 (3.70) 0.43 1.82 0.95
Deferred Tax -- -- -- -- --
Reported Profit After Tax (2,043) 15.20 (46) (437) (23)
Minority Interest After NP -- -- -- (111) (12)
Net Profit after Minority Interest (2,043) 15.20 (46) (326) (11)
Extra-ordinary Items (1,632) -- -- -- --
Adjusted Profit After Extra-ordinary item (411) 15.20 (46) (326) (11)
EPS (Unit Curr.) (156) 1.16 (4) (28) (2.30)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 131 131 131 121 112
Public Shareholding (Number) -- -- -- -- 75,584,341
Public Shareholding (%) -- -- -- -- 67.40
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- 36,538,477
Non Encumbered - % in Total Promoters Holding -- -- -- -- 100
Non Encumbered - % in Total Equity -- -- -- -- 32.60
PBIDTM(%) (138) 24.90 19.30 (3.30) 11.40
PBDTM(%) (161) 3 0.11 (18) 1.52
PATM(%) (165) 0.81 (2.50) (21) (0.80)