Pondy Oxides & Chemicals Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2014 Mar-2013 Mar-2012 Mar-2011
Growth matrix (%)        
Revenue growth 27.50 16 (4.10) --
Op profit growth 30.50 (5.70) (42) --
EBIT growth 8.12 25.60 (50) --
Net profit growth (11) 11.20 (61) --
Profitability ratios (%)        
OPM 3.03 2.96 3.64 6.04
EBIT margin 2.82 3.32 3.07 5.82
Net profit margin 0.64 0.91 0.95 2.32
RoCE 11.20 11.80 10.30 --
RoNW 1.88 2.20 2.05 --
RoA 0.63 0.81 0.80 --
Per share ratios ()        
EPS 2.45 2.76 2.47 7.22
Dividend per share 1 1 1 1.40
Cash EPS 0.59 0.83 0.08 4.87
Book value per share 35.60 34.10 32.50 34.70
Valuation ratios        
P/E 8.24 7.92 10 4.33
P/CEPS 34 26.40 302 6.41
P/B 0.57 0.64 0.76 0.90
EV/EBIDTA 6 6.11 5.34 3.85
Payout (%)        
Dividend payout 44.60 39.90 44.30 22
Tax payout (33) (36) (38) (33)
Liquidity ratios        
Debtor days 40.40 39 34.90 --
Inventory days 29.80 33.50 36.80 --
Creditor days (15) (14) (11) --
Leverage ratios        
Interest coverage (1.50) (1.50) (1.70) (2.50)
Net debt / equity 1.72 1.65 1.05 1.44
Net debt / op. profit 4.92 5.90 3.38 2.60
Cost breakup ()        
Material costs (89) (88) (87) (86)
Employee costs (1.80) (2) (2) (1.70)
Other costs (6.50) (7.50) (7.60) (6.70)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2014 Mar-2013 Mar-2012 Mar-2011
Revenue 457 359 309 323
yoy growth (%) 27.50 16 (4.10) --
Raw materials (406) (314) (268) (276)
As % of sales 88.70 87.60 86.80 85.60
Employee costs (8.20) (7) (6.20) (5.40)
As % of sales 1.79 1.96 2.02 1.67
Other costs (30) (27) (23) (21)
As % of sales 6.49 7.51 7.56 6.65
Operating profit 13.90 10.60 11.30 19.50
OPM 3.03 2.96 3.64 6.04
Depreciation (2.30) (2.30) (2.80) (2.60)
Interest expense (8.50) (7.80) (5.60) (7.60)
Other income 1.26 3.62 1.05 1.86
Profit before tax 4.38 4.15 3.85 11.20
Taxes (1.50) (1.50) (1.50) (3.70)
Tax rate (33) (36) (38) (33)
Minorities and other -- -- -- --
Adj. profit 2.92 2.65 2.39 7.49
Exceptional items -- 0.61 0.55 --
Net profit 2.92 3.26 2.93 7.49
yoy growth (%) (11) 11.20 (61) --
NPM 0.64 0.91 0.95 2.32
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2014 Mar-2013 Mar-2012 Mar-2011
Profit before tax 4.38 4.15 3.85 11.20
Depreciation (2.30) (2.30) (2.80) (2.60)
Tax paid (1.50) (1.50) (1.50) (3.70)
Working capital 21.90 26.20 (26) --
Other operating items -- -- -- --
Operating cashflow 22.50 26.50 (27) --
Capital expenditure 1.61 3.21 (3.20) --
Free cash flow 24.10 29.70 (30) --
Equity raised 52.90 49.80 50.10 --
Investments 0.06 -- 0.04 --
Debt financing/disposal 27 43.30 (7) --
Dividends paid 1.12 1.12 1.12 1.42
Other items -- -- -- --
Net in cash 105 124 14.50 --
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2014 Mar-2013 Mar-2012 Mar-2011
Equity capital 11.20 11.20 11.20 10.10
Preference capital -- -- -- --
Reserves 28.60 26.90 25.10 25.10
Net worth 39.70 38 36.20 35.10
Minority interest
Debt 75.30 75.90 50.20 58.30
Deferred tax liabilities (net) 0.73 0.63 0.33 0.27
Total liabilities 116 115 86.80 96.90
Fixed assets 25.10 24.40 22.70 28
Intangible assets
Investments 0.36 0.26 0.30 0.30
Deferred tax asset (net) -- -- -- --
Net working capital 83.30 76.60 51.60 60.90
Inventories 41.80 33 32.80 29.70
Inventory Days 33.30 33.60 38.70 33.50
Sundry debtors 48.60 52.70 23.90 35.20
Debtor days 38.80 53.60 28.20 39.80
Other current assets 18.40 17.20 10.50 22.30
Sundry creditors (18) (18) (8.20) (10)
Creditor days 14 18.10 9.71 11.40
Other current liabilities (7.90) (8.50) (7.30) (16)
Cash 7.02 13.20 12.10 7.73
Total assets 116 115 86.80 96.90
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2014 Mar-2013 Mar-2012 Mar-2011 Mar-2010
Gross Sales 499 359 309 339 245
Excise Duty 41.40 -- -- 16.30 13.10
Net Sales 457 359 309 323 231
Other Operating Income 0.06 0.01 0.30 -- --
Other Income 1.26 4.23 1.60 1.86 1.05
Total Income 459 363 311 325 232
Total Expenditure ** 444 348 298 303 209
PBIDT 15.10 14.90 12.90 21.20 23.60
Interest 8.49 7.76 5.63 7.58 6.63
PBDT 6.64 7.10 7.24 13.60 17
Depreciation 2.25 2.34 2.84 2.42 1.77
Minority Interest Before NP -- -- -- -- --
Tax 1.37 1.19 1.42 3.81 2.96
Deferred Tax 0.09 0.31 0.05 (0.10) --
Reported Profit After Tax 2.92 3.26 2.93 7.49 12.30
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest 2.92 3.26 2.93 7.49 12.30
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 2.92 3.26 2.93 7.49 12.30
EPS (Unit Curr.) 2.61 3.22 2.90 7.41 12.20
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 10 10 10 -- --
Equity 11.10 11.10 11.10 10.10 10.10
Public Shareholding (Number) 5,354,054 5,777,127 6,258,654 -- --
Public Shareholding (%) 48 51.80 61.90 -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares 5,797,931 5,374,858 4,893,331 -- --
Non Encumbered - % in Total Promoters Holding 100 100 100 -- --
Non Encumbered - % in Total Equity 52 48.20 38.10 -- --
PBIDTM(%) 3.31 4.14 4.16 6.57 10.20
PBDTM(%) 1.45 1.98 2.34 4.22 7.35
PATM(%) 0.64 0.91 0.95 2.32 5.31