IVRCL Ltd Stock/Share Price, Latest BSE/NSE IVRCL Ltd Financial Summary at www.indiainfoline.com

Y/e 31 Mar	Mar-2020	Mar-2019	Mar-2018	Mar-2017
Growth matrix (%)
Revenue growth	(15)	(34)	(26)	(13)
Op profit growth	524	(78)	42.90	(57)
EBIT growth	116	(34)	36.90	(43)
Net profit growth	20.10	(13)	279	(59)
Profitability ratios (%)
OPM	(31)	(4.20)	(13)	(6.50)
EBIT margin	(51)	(20)	(20)	(11)
Net profit margin	(214)	(152)	(115)	(22)
RoCE	(11)	(3.90)	(4.50)	(2.80)
RoNW	12.10	18.20	44.50	26.60
RoA	(11)	(7.40)	(6.40)	(1.40)
Per share ratios ()
EPS	(29)	(25)	--	--
Dividend per share	--	--	--	--
Cash EPS	(32)	(27)	(32)	(9.70)
Book value per share	(75)	(46)	(21)	(10)
Valuation ratios
P/E	--	--	--	--
P/CEPS	--	--	(0.10)	(0.50)
P/B	--	--	(0.10)	(0.50)
EV/EBIDTA	--	(857)	(83)	(111)
Payout (%)
Dividend payout	--	--	--	--
Tax payout	0.07	0.01	0.74	(65)
Liquidity ratios
Debtor days	333	346	273	254
Inventory days	382	323	215	164
Creditor days	(379)	(377)	(254)	(232)
Leverage ratios
Interest coverage	0.32	0.17	0.29	0.24
Net debt / equity	(1.60)	(2.50)	(4.90)	(13)
Net debt / op. profit	(29)	(174)	(34)	(62)
Cost breakup ()
Material costs	(7.70)	(5.20)	(13)	(14)
Employee costs	(5.40)	(6.20)	(5.80)	(6.30)
Other costs	(118)	(93)	(93)	(86)

Y/e 31 Mar( In .Cr)	Mar-2020	Mar-2019	Mar-2018	Mar-2017
Revenue	1,066	1,253	1,903	2,589
yoy growth (%)	(15)	(34)	(26)	(13)
Raw materials	(82)	(65)	(256)	(368)
As % of sales	7.65	5.23	13.40	14.20
Employee costs	(58)	(78)	(110)	(164)
As % of sales	5.40	6.19	5.80	6.32
Other costs	(1,253)	(1,162)	(1,778)	(2,226)
As % of sales	118	92.80	93.40	86
Operating profit	(326)	(52)	(240)	(168)
OPM	(31)	(4.20)	(13)	(6.50)
Depreciation	(253)	(242)	(284)	(183)
Interest expense	(1,689)	(1,493)	(1,325)	(1,194)
Other income	33.90	41.60	138	69.80
Profit before tax	(2,234)	(1,746)	(1,711)	(1,476)
Taxes	(1.60)	(0.20)	(13)	955
Tax rate	0.07	0.01	0.74	(65)
Minorities and other	4.94	17.70	9.86	267
Adj. profit	(2,231)	(1,729)	(1,713)	(253)
Exceptional items	(53)	(173)	(475)	(324)
Net profit	(2,284)	(1,902)	(2,189)	(577)
yoy growth (%)	20.10	(13)	279	(59)
NPM	(214)	(152)	(115)	(22)

Y/e 31 Mar ( In .Cr)	Mar-2020	Mar-2019	Mar-2018	Mar-2017
Revenue	489	729	1,413	2,015
yoy growth (%)	(33)	(48)	(30)	(15)
Raw materials	(6.30)	(49)	(222)	(270)
As % of sales	1.28	6.72	15.70	13.40
Employee costs	(47)	(69)	(101)	(132)
As % of sales	9.66	9.48	7.16	6.57
Other costs	(965)	(737)	(1,618)	(1,985)
As % of sales	197	101	114	98.50
Operating profit	(529)	(126)	(528)	(372)
OPM	(108)	(17)	(37)	(18)
Depreciation	(33)	(48)	(65)	(72)
Interest expense	(1,397)	(1,219)	(1,014)	(685)
Other income	15.20	23.10	86.50	38.90
Profit before tax	(1,944)	(1,371)	(1,520)	(1,090)
Taxes	(1.50)	(1.50)	4.09	961
Tax rate	0.08	0.11	(0.30)	(88)
Minorities and other	--	--	--	--
Adj. profit	(1,946)	(1,372)	(1,516)	(130)
Exceptional items	(53)	(173)	(475)	--
Net profit	(1,999)	(1,545)	(1,991)	(130)
yoy growth (%)	29.40	(22)	1,437	(88)
NPM	(409)	(212)	(141)	(6.40)

Y/e 31 Mar ( In .Cr)	Mar-2020	Mar-2019	Mar-2018	Mar-2017
Profit before tax	(2,234)	(1,746)	(1,711)	(1,476)
Depreciation	(253)	(242)	(284)	(183)
Tax paid	(1.60)	(0.20)	(13)	955
Working capital	(5,311)	(3,721)	(2,330)	(2,204)
Other operating items	--	--	--	--
Operating cashflow	(7,800)	(5,709)	(4,337)	(2,908)
Capital expenditure	735	286	270	921
Free cash flow	(7,065)	(5,423)	(4,067)	(1,987)
Equity raised	(946)	1,101	3,057	1,705
Investments	441	523	521	25.90
Debt financing/disposal	7,617	4,407	2,858	3,068
Dividends paid	--	--	--	--
Other items	--	--	--	--
Net in cash	46.70	609	2,368	2,812

Y/e 31 Mar ( In .Cr)	Mar-2020	Mar-2019	Mar-2018	Mar-2017
Equity capital	157	157	157	157
Preference capital	--	--	--	--
Reserves	(6,011)	(3,727)	(1,823)	(947)
Net worth	(5,855)	(3,570)	(1,666)	(790)
Minority interest
Debt	9,898	9,304	8,451	10,723
Deferred tax liabilities (net)	22.50	22.50	20	34.20
Total liabilities	4,186	5,874	6,943	10,051
Fixed assets	3,544	3,752	3,958	6,978
Intangible assets
Investments	551	547	544	85
Deferred tax asset (net)	999	998	996	991
Net working capital	(1,207)	354	1,195	1,793
Inventories	1,098	1,131	1,089	1,152
Inventory Days	376	330	209	162
Sundry debtors	857	1,090	1,285	1,561
Debtor days	293	318	246	220
Other current assets	3,538	3,772	3,541	4,006
Sundry creditors	(1,488)	(1,400)	(1,293)	(1,687)
Creditor days	509	408	248	238
Other current liabilities	(5,213)	(4,238)	(3,427)	(3,240)
Cash	300	223	249	205
Total assets	4,186	5,874	6,943	10,051

Select Period

Particulars ( Rupees In Crores.)	Sep-2006	Jun-2006	-	-	-
Gross Sales	457	470	--	--	--
Excise Duty	--	--	--	--	--
Net Sales	457	470	--	--	--
Other Operating Income	--	--	--	--	--
Other Income	5.58	0.95	--	--	--
Total Income	462	471	--	--	--
Total Expenditure **	408	428	--	--	--
PBIDT	54.70	42.20	--	--	--
Interest	13.10	7.74	--	--	--
PBDT	41.60	34.40	--	--	--
Depreciation	5.43	4.30	--	--	--
Minority Interest Before NP	--	--	--	--	--
Tax	6.85	5.68	--	--	--
Deferred Tax	1.15	--	--	--	--
Reported Profit After Tax	28	24.10	--	--	--
Minority Interest After NP	--	--	--	--	--
Net Profit after Minority Interest	28	24.10	--	--	--
Extra-ordinary Items	--	--	--	--	--
Adjusted Profit After Extra-ordinary item	28	24.10	--	--	--
EPS (Unit Curr.)	2.58	--	--	--	--
Book Value (Unit Curr.)	--	--	--	--	--
Dividend (%)	--	--	--	--	--
Equity	21.80	21.80	--	--	--
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(%)	12	8.98	--	--	--
PBDTM(%)	9.11	7.33	--	--	--
PATM(%)	6.12	5.14	--	--	--

Y/e 31 Mar ( In .Cr)	Mar-2020	Mar-2019	Mar-2018	Mar-2017
Equity capital	157	157	157	157
Preference capital	--	--	--	--
Reserves	(5,302)	(3,306)	(1,761)	230
Net worth	(5,145)	(3,149)	(1,604)	387
Minority interest
Debt	7,756	7,058	6,218	5,347
Deferred tax liabilities (net)	22.70	21.20	19.70	18.30
Total liabilities	2,634	3,930	4,634	5,753
Fixed assets	153	187	235	315
Intangible assets
Investments	1,872	1,870	1,870	1,867
Deferred tax asset (net)	995	996	996	991
Net working capital	(527)	768	1,350	2,459
Inventories	52.10	53	66.70	98.80
Inventory Days	38.90	26.50	17.20	17.90
Sundry debtors	795	1,001	1,193	1,390
Debtor days	593	501	308	252
Other current assets	3,819	4,042	3,873	4,191
Sundry creditors	(1,398)	(1,320)	(1,293)	(1,424)
Creditor days	1,044	661	334	258
Other current liabilities	(3,794)	(3,007)	(2,489)	(1,797)
Cash	140	109	183	121
Total assets	2,634	3,930	4,634	5,753

IVRCL Financial Statements