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 (54) (20) (25) (37)
Op profit growth 17.10 (43) (27) (9.70)
EBIT growth (3.60) (16) (20) (28)
Net profit growth 106 (48) (53) (44)
Profitability ratios (%)        
OPM 7.41 2.94 4.14 4.22
EBIT margin 7.44 3.59 3.42 3.21
Net profit margin 1.94 0.44 0.67 1.07
RoCE 7.96 9.68 12.10 13.70
RoNW 1.15 0.62 1.31 2.94
RoA 0.52 0.30 0.59 1.14
Per share ratios ()        
EPS 1.62 0.79 1.51 3.20
Dividend per share -- -- -- --
Cash EPS (0.20) (1.40) (1.20) (0.60)
Book value per share 36.20 34.10 28.80 28.70
Valuation ratios        
P/E 150 77.60 32 8.66
P/CEPS (1,031) (43) (39) (44)
P/B 6.70 1.80 1.68 0.96
EV/EBIDTA 34.40 9.97 6.17 3.94
Payout (%)        
Dividend payout -- -- -- --
Tax payout (31) (39) (43) (37)
Liquidity ratios        
Debtor days 125 60.30 61.30 49.80
Inventory days 70.80 15.40 4.96 11.80
Creditor days (145) (37) (32) (41)
Leverage ratios        
Interest coverage (1.60) (1.20) (1.50) (2.10)
Net debt / equity 0.95 0.73 0.55 0.88
Net debt / op. profit 5.59 4.73 1.70 2
Cost breakup ()        
Material costs (76) (92) (92) (91)
Employee costs (4.80) (2.20) (1.20) (1)
Other costs (12) (3.20) (2.90) (3.90)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 715 1,538 1,922 2,570
yoy growth (%) (54) (20) (25) (37)
Raw materials (540) (1,410) (1,763) (2,336)
As % of sales 75.50 91.70 91.70 90.90
Employee costs (34) (34) (23) (24)
As % of sales 4.79 2.20 1.22 0.95
Other costs (88) (49) (56) (100)
As % of sales 12.30 3.17 2.90 3.91
Operating profit 53 45.20 79.60 109
OPM 7.41 2.94 4.14 4.22
Depreciation (16) (19) (23) (33)
Interest expense (33) (44) (43) (40)
Other income 16.10 29 9.55 6.90
Profit before tax 20 11 22.90 42.40
Taxes (6.10) (4.30) (9.90) (16)
Tax rate (31) (39) (43) (37)
Minorities and other -- -- -- --
Adj. profit 13.90 6.74 12.90 26.80
Exceptional items -- -- -- 0.64
Net profit 13.90 6.74 12.90 27.50
yoy growth (%) 106 (48) (53) (44)
NPM 1.94 0.44 0.67 1.07
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 20 11 22.90 42.40
Depreciation (16) (19) (23) (33)
Tax paid (6.10) (4.30) (9.90) (16)
Working capital 199 147 58.90 (19)
Other operating items -- -- -- --
Operating cashflow 197 135 48.40 (25)
Capital expenditure 361 137 115 11.50
Free cash flow 558 272 163 (13)
Equity raised 239 255 234 267
Investments 8.18 15.10 3.95 (1.80)
Debt financing/disposal 309 195 102 (52)
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 1,115 737 503 200
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Equity capital 85.80 85.80 85.80 85.80
Preference capital -- -- -- --
Reserves 225 207 162 161
Net worth 311 293 247 246
Minority interest
Debt 397 337 255 336
Deferred tax liabilities (net) -- 0.23 0.27 0.24
Total liabilities 703 633 506 582
Fixed assets 226 181 185 205
Intangible assets
Investments 9.30 16.70 5.09 4.11
Deferred tax asset (net) 17.30 8.96 6.60 3.32
Net working capital 349 303 189 252
Inventories 157 121 9.58 42.70
Inventory Days 80 28.60 1.82 6.06
Sundry debtors 204 284 224 421
Debtor days 104 67.30 42.60 59.80
Other current assets 291 321 123 127
Sundry creditors (226) (300) (6.40) (319)
Creditor days 115 71.20 1.21 45.30
Other current liabilities (77) (122) (162) (20)
Cash 102 123 120 118
Total assets 703 633 506 582
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 1,196 722 1,561 1,915 2,557
Excise Duty -- 0.28 -- -- --
Net Sales 1,196 722 1,561 1,915 2,557
Other Operating Income -- -- -- -- 10.20
Other Income 63.10 16.10 29 6.60 9.62
Total Income 1,259 738 1,590 1,921 2,577
Total Expenditure ** 1,257 669 1,516 1,832 2,461
PBIDT 2.49 69 74 89.20 116
Interest 42.40 33.10 43.80 42.90 40.30
PBDT (40) 35.90 30.20 46.40 75.80
Depreciation 17.20 15.90 19.10 23.50 32.80
Minority Interest Before NP -- -- -- -- --
Tax 1.12 12.20 6.09 9.93 15.60
Deferred Tax 1.21 (6.10) (1.90) -- --
Reported Profit After Tax (59) 13.90 6.90 12.90 27.40
Minority Interest After NP -- -- -- -- 0.17
Net Profit after Minority Interest (59) 13.90 6.90 12.90 27.30
Extra-ordinary Items -- -- -- -- 0.41
Adjusted Profit After Extra-ordinary item (59) 13.90 6.90 12.90 26.90
EPS (Unit Curr.) (7.20) 1.61 0.88 1.51 3.18
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 85.80 85.80 85.80 85.80 85.80
Public Shareholding (Number) -- -- -- -- 21,513,650
Public Shareholding (%) -- -- -- -- 25.10
Pledged/Encumbered - No. of Shares -- -- -- -- 12,636,055
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- 19.70
Pledged/Encumbered - % in Total Equity -- -- -- -- 14.70
Non Encumbered - No. of Shares -- -- -- -- 21,664,486
Non Encumbered - % in Total Promoters Holding -- -- -- -- 80.40
Non Encumbered - % in Total Equity -- -- -- -- 60.20
PBIDTM(%) 0.21 9.55 4.74 4.66 4.54
PBDTM(%) (3.30) 4.97 1.93 2.42 2.97
PATM(%) (5) 1.92 0.44 0.68 1.07