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

Y/e 31 Mar	Mar-2016	Mar-2015	Mar-2014	Mar-2013
Growth matrix (%)
Revenue growth	15.40	(8.90)	(12)	(18)
Op profit growth	77.30	(50)	(20)	(21)
EBIT growth	121	(61)	(18)	(20)
Net profit growth	105	(51)	(25)	(21)
Profitability ratios (%)
OPM	9.72	6.33	11.60	12.80
EBIT margin	9.77	5.11	12	13
Net profit margin	7.23	4.06	7.55	8.87
RoCE	15.60	7.49	20.10	27.10
RoNW	2.91	1.50	3.24	4.86
RoA	2.89	1.49	3.16	4.62
Per share ratios ()
EPS	25.40	12	25.70	34.10
Dividend per share	7	5	10	12
Cash EPS	13.80	(0.80)	18.10	29
Book value per share	256	236	228	211
Valuation ratios
P/E	5.28	9.13	3.22	2.58
P/CEPS	9.72	(143)	4.57	3.04
P/B	0.52	0.46	0.36	0.42
EV/EBIDTA	12.10	16.40	7.27	6.70
Payout (%)
Dividend payout	29.40	43.10	41.10	37
Tax payout	(31)	(26)	(39)	(34)
Liquidity ratios
Debtor days	94.10	105	91.30	88.80
Inventory days	41.30	41.20	43.10	51.40
Creditor days	(75)	(75)	(68)	(74)
Leverage ratios
Interest coverage	(3,171)	(1,194)	(167)	(54)
Net debt / equity	(0.10)	(0.10)	--	--
Net debt / op. profit	(0.50)	(0.70)	(0.20)	(0.10)
Cost breakup ()
Material costs	(53)	(51)	(54)	(52)
Employee costs	(16)	(19)	(17)	(15)
Other costs	(21)	(24)	(17)	(21)

Y/e 31 Mar( In .Cr)	Mar-2016	Mar-2015	Mar-2014	Mar-2013
Revenue	509	441	484	549
yoy growth (%)	15.40	(8.90)	(12)	(18)
Raw materials	(269)	(226)	(263)	(285)
As % of sales	52.90	51.20	54.40	51.90
Employee costs	(82)	(82)	(81)	(80)
As % of sales	16.10	18.60	16.70	14.60
Other costs	(108)	(105)	(84)	(114)
As % of sales	21.30	23.90	17.30	20.80
Operating profit	49.50	27.90	56.10	70
OPM	9.72	6.33	11.60	12.80
Depreciation	(19)	(19)	(13)	(11)
Interest expense	--	--	(0.30)	(1.30)
Other income	19.30	13.50	15.30	12.90
Profit before tax	49.70	22.50	57.80	70
Taxes	(15)	(5.80)	(23)	(24)
Tax rate	(31)	(26)	(39)	(34)
Minorities and other	2.34	1.24	1.31	2.33
Adj. profit	36.80	17.90	36.50	48.70
Exceptional items	--	--	--	--
Net profit	36.80	17.90	36.50	48.70
yoy growth (%)	105	(51)	(25)	(21)
NPM	7.23	4.06	7.55	8.87

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Revenue	823	821	600	514
yoy growth (%)	0.26	36.70	16.70	1.10
Raw materials	(451)	(444)	(312)	(262)
As % of sales	54.70	54.10	51.90	50.90
Employee costs	(113)	(111)	(89)	(87)
As % of sales	13.80	13.60	14.90	16.90
Other costs	(146)	(178)	(126)	(105)
As % of sales	17.80	21.70	21	20.40
Operating profit	113	87.20	73.80	60.80
OPM	13.70	10.60	12.30	11.80
Depreciation	(38)	(33)	(17)	(17)
Interest expense	(1.70)	(1.20)	(0.20)	--
Other income	10.10	18.50	16.30	28
Profit before tax	83.90	71.90	72.70	71.40
Taxes	(20)	(18)	(23)	(18)
Tax rate	(24)	(26)	(31)	(25)
Minorities and other	--	--	--	--
Adj. profit	63.80	53.50	49.90	53.80
Exceptional items	--	--	--	--
Net profit	63.80	53.50	49.90	53.80
yoy growth (%)	19.30	7.11	(7.10)	47.80
NPM	7.75	6.51	8.32	10.50

Y/e 31 Mar ( In .Cr)	Mar-2016	Mar-2015	Mar-2014	Mar-2013
Profit before tax	49.70	22.50	57.80	70
Depreciation	(19)	(19)	(13)	(11)
Tax paid	(15)	(5.80)	(23)	(24)
Working capital	1.88	11.60	(27)	26.50
Other operating items	--	--	--	--
Operating cashflow	17.20	9.40	(4.50)	61.40
Capital expenditure	47.90	41.60	24.40	(24)
Free cash flow	65.20	51	19.90	37
Equity raised	462	496	515	505
Investments	99.90	18.10	9.05	(9)
Debt financing/disposal	(6.20)	--	6.25	6.25
Dividends paid	8.99	6.42	12.80	15.40
Other items	--	--	--	--
Net in cash	630	571	563	555

Y/e 31 Mar ( In .Cr)	Mar-2016	Mar-2015	Mar-2014	Mar-2013
Equity capital	12.80	12.80	12.80	12.80
Preference capital	--	--	--	--
Reserves	316	290	280	258
Net worth	329	303	293	271
Minority interest
Debt	--	--	--	6.25
Deferred tax liabilities (net)	1.95	2.43	4.07	3.32
Total liabilities	331	305	297	281
Fixed assets	112	127	141	102
Intangible assets
Investments	161	121	134	125
Deferred tax asset (net)	3.24	3.28	3.53	3.21
Net working capital	30.10	33	4.94	34.10
Inventories	57.40	57.80	41.80	72.40
Inventory Days	41.20	47.90	31.50	48.10
Sundry debtors	119	144	110	132
Debtor days	85	119	82.90	87.80
Other current assets	35.30	31.10	40.10	45.50
Sundry creditors	(94)	(96)	(74)	(85)
Creditor days	67.10	79.10	55.90	56.70
Other current liabilities	(88)	(104)	(113)	(131)
Cash	24.90	20.80	13.20	16
Total assets	331	305	297	281

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Equity capital	12.90	12.80	12.80	12.80
Preference capital	--	--	--	--
Reserves	576	482	481	449
Net worth	589	495	494	462
Minority interest
Debt	40	28.30	0.69	0.83
Deferred tax liabilities (net)	6.17	4.40	3.07	0.72
Total liabilities	635	527	498	463
Fixed assets	183	216	186	142
Intangible assets
Investments	223	138	196	199
Deferred tax asset (net)	2.88	3.79	4.67	6.19
Net working capital	173	140	79.20	54.60
Inventories	107	159	96.30	89.40
Inventory Days	47.50	70.80	--	54.40
Sundry debtors	308	189	184	209
Debtor days	137	84.10	--	127
Other current assets	50.50	43.30	53	29.70
Sundry creditors	(146)	(137)	(133)	(163)
Creditor days	64.60	61	--	99
Other current liabilities	(147)	(114)	(120)	(110)
Cash	52.40	30	31.90	61.30
Total assets	635	527	498	463

Select Period

Particulars ( Rupees In Crores.)	Mar-2016	Dec-2015	Mar-2015	Dec-2014	Mar-2014
Gross Sales	183	102	177	101	137
Excise Duty	--	--	--	--	--
Net Sales	183	102	177	101	137
Other Operating Income	0.84	1.51	0.90	0.66	1.31
Other Income	3.30	4.98	5.09	1.34	3.38
Total Income	187	109	183	103	141
Total Expenditure **	152	96.30	150	94	114
PBIDT	34.70	12.30	33	9.15	27.30
Interest	0.01	--	0.01	--	0.09
PBDT	34.70	12.30	33	9.15	27.20
Depreciation	5.91	5.20	4.91	4.82	3.65
Minority Interest Before NP	--	--	--	--	--
Tax	9.80	1.96	8.02	1.82	10.70
Deferred Tax	--	--	--	--	--
Reported Profit After Tax	19	5.15	20.10	2.51	12.90
Minority Interest After NP	--	--	--	--	--
Net Profit after Minority Interest	21.30	5.15	21.30	2.51	14.20
Extra-ordinary Items	--	--	--	--	--
Adjusted Profit After Extra-ordinary item	21.30	5.15	21.30	2.51	14.20
EPS (Unit Curr.)	16.60	4.01	16.60	1.95	11.10
Book Value (Unit Curr.)	--	--	--	--	--
Dividend (%)	--	--	--	--	--
Equity	12.80	12.80	12.80	12.80	12.80
Public Shareholding (Number)	--	--	4,124,214	4,124,214	4,121,214
Public Shareholding (%)	--	--	32.10	32.10	32.10
Pledged/Encumbered - No. of Shares	--	--	--	--	--
Pledged/Encumbered - % in Total Promoters Holding	--	--	--	--	--
Pledged/Encumbered - % in Total Equity	--	--	--	--	--
Non Encumbered - No. of Shares	--	--	8,720,124	8,720,124	8,720,124
Non Encumbered - % in Total Promoters Holding	--	--	100	100	100
Non Encumbered - % in Total Equity	--	--	67.90	67.90	67.90
PBIDTM(%)	19	12.10	18.70	9.04	20
PBDTM(%)	19	12.10	18.70	9.04	19.90
PATM(%)	10.40	5.04	11.30	2.48	9.44