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

Y/e 31 Mar	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Growth matrix (%)
Revenue growth	42.10	(6.50)	2.50	31.70
Op profit growth	40.30	23.60	51.40	225
EBIT growth	69.70	24.50	42.30	146
Net profit growth	195	83.20	(13)	(774)
Profitability ratios (%)
OPM	3.65	3.70	2.80	1.89
EBIT margin	3.84	3.21	2.41	1.74
Net profit margin	2.81	1.36	0.69	0.81
RoCE	22.80	15.10	12.50	9.80
RoNW	8.18	3.50	2.24	2.83
RoA	4.19	1.60	0.90	1.15
Per share ratios ()
EPS	112	57	31.10	26.50
Dividend per share	23.90	15.80	--	--
Cash EPS	68.50	6.38	(2.40)	10.20
Book value per share	335	248	214	180
Valuation ratios
P/E	15.40	11.80	9.06	10.10
P/CEPS	25.30	105	(119)	26.20
P/B	5.18	2.70	1.31	1.49
EV/EBIDTA	11.30	7.02	4.61	7.38
Payout (%)
Dividend payout	--	--	--	--
Tax payout	(5.60)	(12)	(8.50)	(0.20)
Liquidity ratios
Debtor days	48.20	51.20	51.10	51
Inventory days	10.40	11.20	8.76	5.65
Creditor days	(53)	(49)	(42)	(35)
Leverage ratios
Interest coverage	(12)	(7.80)	(3.30)	(3.50)
Net debt / equity	0.09	0.20	0.44	0.70
Net debt / op. profit	0.23	0.57	1.32	2.68
Cost breakup ()
Material costs	(84)	(83)	(83)	(85)
Employee costs	(7)	(6.70)	(6.60)	(5.70)
Other costs	(5.50)	(6.20)	(7.20)	(7)

Y/e 31 Mar( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue	8,828	6,213	6,648	6,486
yoy growth (%)	42.10	(6.50)	2.50	31.70
Raw materials	(7,396)	(5,185)	(5,549)	(5,538)
As % of sales	83.80	83.50	83.50	85.40
Employee costs	(621)	(414)	(436)	(368)
As % of sales	7.03	6.67	6.56	5.68
Other costs	(489)	(383)	(477)	(457)
As % of sales	5.54	6.17	7.17	7.04
Operating profit	323	230	186	123
OPM	3.65	3.70	2.80	1.89
Depreciation	(70)	(68)	(52)	(26)
Interest expense	(28)	(26)	(49)	(32)
Other income	86	37.40	26.50	16.10
Profit before tax	311	174	111	80.30
Taxes	(17)	(22)	(9.50)	(0.10)
Tax rate	(5.60)	(12)	(8.50)	(0.20)
Minorities and other	(44)	(64)	(35)	(27)
Adj. profit	249	88.20	66.50	52.80
Exceptional items	--	--	(14)	--
Net profit	248	84.30	46	52.80
yoy growth (%)	195	83.20	(13)	(774)
NPM	2.81	1.36	0.69	0.81

Y/e 31 Mar ( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue	116	46.10	41.10	39.20
yoy growth (%)	151	12.10	4.89	116
Raw materials	(54)	(15)	--	(0.30)
As % of sales	46.60	33.50	--	0.76
Employee costs	(37)	(15)	(23)	(23)
As % of sales	31.60	33.20	54.90	59
Other costs	(13)	(7)	(11)	(12)
As % of sales	10.80	15.20	26.40	29.50
Operating profit	12.70	8.37	7.71	4.22
OPM	10.90	18.20	18.70	10.80
Depreciation	(3.20)	(2.70)	(2.50)	(2.50)
Interest expense	(1.10)	(1.60)	(1.70)	(2)
Other income	61.90	42.10	0.75	0.95
Profit before tax	70.20	46.20	4.17	0.66
Taxes	(3.40)	(1.50)	(1.50)	0.43
Tax rate	(4.80)	(3.20)	(36)	65.80
Minorities and other	--	--	--	--
Adj. profit	66.80	44.70	2.68	1.09
Exceptional items	--	--	--	--
Net profit	66.80	44.70	2.68	1.09
yoy growth (%)	49.40	1,572	145	(71)
NPM	57.70	97	6.50	2.78

Y/e 31 Mar ( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Profit before tax	311	174	111	80.30
Depreciation	(70)	(68)	(52)	(26)
Tax paid	(17)	(22)	(9.50)	(0.10)
Working capital	187	(100)	81.50	42.40
Other operating items	--	--	--	--
Operating cashflow	411	(15)	131	96.20
Capital expenditure	498	481	405	211
Free cash flow	909	465	536	307
Equity raised	1,023	957	942	826
Investments	297	135	45.50	11.70
Debt financing/disposal	297	130	367	1,089
Dividends paid	--	--	--	--
Other items	--	--	--	--
Net in cash	2,526	1,687	1,889	2,234

Y/e 31 Mar ( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Equity capital	26	26.10	26.10	26.10
Preference capital	--	--	--	--
Reserves	846	621	533	442
Net worth	872	647	559	468
Minority interest
Debt	740	562	747	700
Deferred tax liabilities (net)	6.48	4.34	0.77	1.75
Total liabilities	1,683	1,281	1,359	1,201
Fixed assets	467	469	500	369
Intangible assets
Investments	319	154	89	79.50
Deferred tax asset (net)	15	11.60	0.57	3.16
Net working capital	217	217	267	379
Inventories	305	197	183	136
Inventory Days	12.60	11.60	10	7.65
Sundry debtors	1,421	910	832	1,029
Debtor days	58.80	53.50	45.70	57.90
Other current assets	209	177	237	187
Sundry creditors	(1,566)	(892)	(729)	(748)
Creditor days	64.80	52.40	40	42.10
Other current liabilities	(152)	(175)	(256)	(225)
Cash	665	431	502	370
Total assets	1,683	1,281	1,359	1,201

Select Period

Particulars ( Rupees In Crores.)	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017
Gross Sales	6,053	4,448	4,644	4,403	3,419
Excise Duty	--	--	--	--	--
Net Sales	6,053	4,448	4,644	4,403	3,419
Other Operating Income	--	--	--	--	--
Other Income	65.30	27.50	34	22.20	21.80
Total Income	6,118	4,475	4,678	4,425	3,441
Total Expenditure **	5,833	4,319	4,572	4,365	3,413
PBIDT	285	157	106	60.10	27.90
Interest	17	20.50	23.10	27.30	13.50
PBDT	268	136	83	32.80	14.40
Depreciation	50.60	47.40	35.40	13.90	11.50
Minority Interest Before NP	--	--	--	--	--
Tax	11.40	9.86	2.06	(14)	1.20
Deferred Tax	(0.60)	0.17	0.29	(0.60)	(0.50)
Reported Profit After Tax	207	79	45.30	33.60	2.28
Minority Interest After NP	35.30	55	16.20	15.30	14
Net Profit after Minority Interest	171	24	29.10	18.50	(11)
Extra-ordinary Items	--	--	--	--	--
Adjusted Profit After Extra-ordinary item	171	24	29.10	18.50	(11)
EPS (Unit Curr.)	65.80	9.21	11.20	7.11	(4.40)
Book Value (Unit Curr.)	--	--	--	--	--
Dividend (%)	--	--	--	--	--
Equity	26	26.10	26.10	26.10	26.10
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(%)	4.71	3.53	2.28	1.36	0.82
PBDTM(%)	4.43	3.07	1.79	0.74	0.42
PATM(%)	3.41	1.78	0.98	0.76	0.07