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 14.90 7.58 5.02 12.30
Op profit growth 7.56 26.10 29.60 22.80
EBIT growth 2.83 40.70 34.50 29.80
Net profit growth 1.09 (44) 229 31.80
Profitability ratios (%)        
OPM 17 18.20 15.50 12.60
EBIT margin 16.90 18.90 14.40 11.30
Net profit margin 11 12.60 23.90 7.64
RoCE 25.30 27.20 24.70 24.40
RoNW 4.33 4.78 11 4.53
RoA 4.13 4.53 10.20 4.14
Per share ratios ()        
EPS 9.53 9.47 16.50 4.81
Dividend per share 2.60 3 3.05 1.40
Cash EPS 8.11 8.14 15.50 3.82
Book value per share 58.10 52.20 46.60 29.70
Valuation ratios        
P/E 52.90 39.90 17.10 44.90
P/CEPS 62.10 46.40 18.20 56.60
P/B 8.67 7.24 6.04 7.28
EV/EBIDTA 31.10 24.10 24.10 24.70
Payout (%)        
Dividend payout 6.58 -- 10.10 33.30
Tax payout (35) (33) (33) (32)
Liquidity ratios        
Debtor days 50.70 51.20 51.40 50
Inventory days 60 57.90 55.10 61.70
Creditor days (62) (62) (51) (46)
Leverage ratios        
Interest coverage -- -- -- (440)
Net debt / equity (0.10) (0.10) (0.20) 0.01
Net debt / op. profit (0.40) (0.30) (0.70) 0.04
Cost breakup ()        
Material costs (60) (58) (63) (66)
Employee costs (5) (5) (4.60) (4.10)
Other costs (18) (18) (17) (17)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 4,658 4,053 3,767 3,587
yoy growth (%) 14.90 7.58 5.02 12.30
Raw materials (2,814) (2,369) (2,368) (2,385)
As % of sales 60.40 58.50 62.90 66.50
Employee costs (235) (203) (173) (146)
As % of sales 5.05 5 4.60 4.08
Other costs (816) (743) (641) (605)
As % of sales 17.50 18.30 17 16.90
Operating profit 793 737 585 451
OPM 17 18.20 15.50 12.60
Depreciation (77) (70) (68) (68)
Interest expense -- -- -- (0.90)
Other income 70.90 98 27.50 21.50
Profit before tax 787 765 544 404
Taxes (273) (255) (177) (128)
Tax rate (35) (33) (33) (32)
Minorities and other 0.65 (1.20) (1) (1.10)
Adj. profit 514 509 366 274
Exceptional items -- -- 535 --
Net profit 514 509 901 274
yoy growth (%) 1.09 (44) 229 31.80
NPM 11 12.60 23.90 7.64
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 787 765 544 404
Depreciation (77) (70) (68) (68)
Tax paid (273) (255) (177) (128)
Working capital 745 621 458 (458)
Other operating items -- -- -- --
Operating cashflow 1,181 1,061 756 (251)
Capital expenditure 581 238 82 (82)
Free cash flow 1,763 1,298 838 (333)
Equity raised 3,797 3,624 3,178 3,805
Investments 468 483 331 (331)
Debt financing/disposal 88.90 88 92.40 97.30
Dividends paid -- -- 75.50 75.50
Other items -- -- -- --
Net in cash 6,117 5,493 4,515 3,313
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 53.90 53.90 53.90 53.90
Preference capital -- -- -- --
Reserves 3,362 3,078 2,761 2,456
Net worth 3,416 3,132 2,815 2,510
Minority interest
Debt 108 35.20 28.70 46.10
Deferred tax liabilities (net) 127 81.40 105 93.70
Total liabilities 3,671 3,265 2,963 2,655
Fixed assets 1,781 1,382 1,112 979
Intangible assets
Investments 197 521 531 539
Deferred tax asset (net) -- -- 25.20 80.80
Net working capital 1,597 999 1,033 578
Inventories 1,111 829 703 583
Inventory Days -- 65 63.30 56.50
Sundry debtors 756 703 590 546
Debtor days -- 55.10 53.20 52.90
Other current assets 577 332 438 115
Sundry creditors (717) (741) (575) (559)
Creditor days -- 58.10 51.80 54.20
Other current liabilities (130) (123) (123) (107)
Cash 96.20 364 261 479
Total assets 3,671 3,265 2,963 2,655
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 5,388 4,792 4,574 4,263 3,571
Excise Duty -- 150 532 507 --
Net Sales 5,388 4,642 4,042 3,756 3,571
Other Operating Income 35.90 16.30 10.40 10.60 16.30
Other Income 60.50 70.90 98 563 21.50
Total Income 5,485 4,729 4,151 4,330 3,609
Total Expenditure ** 4,672 3,864 3,315 3,182 3,136
PBIDT 813 865 835 1,148 473
Interest 9.97 0.67 -- -- 0.92
PBDT 803 864 835 1,148 472
Depreciation 106 77.10 70.10 68.30 68.30
Minority Interest Before NP -- -- -- -- --
Tax 226 271 247 166 118
Deferred Tax 23.60 2.49 8.30 11.50 10.50
Reported Profit After Tax 448 514 510 902 275
Minority Interest After NP (5.10) (0.70) 1.24 1.02 1.13
Net Profit after Minority Interest 453 514 509 901 274
Extra-ordinary Items -- -- -- 447 --
Adjusted Profit After Extra-ordinary item 453 514 509 454 274
EPS (Unit Curr.) 8.40 9.55 9.44 16.70 5.08
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 260 260 300 305 140
Equity 53.90 53.90 53.90 53.90 53.90
Public Shareholding (Number) -- -- -- -- 165,622,120
Public Shareholding (%) -- -- -- -- 30.70
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- 373,297,600
Non Encumbered - % in Total Promoters Holding -- -- -- -- 100
Non Encumbered - % in Total Equity -- -- -- -- 69.30
PBIDTM(%) 15.10 18.60 20.70 30.50 13.20
PBDTM(%) 14.90 18.60 20.70 30.50 13.20
PATM(%) 8.31 11.10 12.60 24 7.71