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 9.24 (1.20) 3.76 13
Op profit growth 16.70 (19) (6.50) 12.60
EBIT growth 11.40 (40) (22) 8.72
Net profit growth 20.60 (36) (17) --
Profitability ratios (%)        
OPM 11.70 11 13.40 14.90
EBIT margin 4.70 4.61 7.64 10.20
Net profit margin 3.05 2.76 4.24 5.31
RoCE 7.78 7.31 13.20 19.80
RoNW 2.93 2.72 4.28 5.74
RoA 1.26 1.10 1.82 2.59
Per share ratios ()        
EPS 20.10 17.90 32.70 43.50
Dividend per share -- -- 0.20 --
Cash EPS (37) (31) (15) 1.86
Book value per share 281 171 232 175
Valuation ratios        
P/E 16.30 26.10 11.80 12.50
P/CEPS (8.90) (15) (26) 293
P/B 1.17 2.73 1.66 3.11
EV/EBIDTA 4.20 5.84 4 4.78
Payout (%)        
Dividend payout -- -- -- 0.45
Tax payout (47) (40) (19) (35)
Liquidity ratios        
Debtor days 21 18.70 17.50 16.10
Inventory days 47.80 45.80 41.40 39.20
Creditor days (99) (93) (92) (92)
Leverage ratios        
Interest coverage (3) (2.90) (4.30) (5.50)
Net debt / equity 0.57 0.73 0.49 0.74
Net debt / op. profit 1.57 1.44 1.06 1.06
Cost breakup ()        
Material costs (63) (62) (60) (61)
Employee costs (10) (11) (11) (9.70)
Other costs (15) (17) (16) (15)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 294,619 269,693 273,046 263,159
yoy growth (%) 9.24 (1.20) 3.76 13
Raw materials (185,850) (165,894) (163,383) (159,920)
As % of sales 63.10 61.50 59.80 60.80
Employee costs (30,300) (28,333) (28,881) (25,549)
As % of sales 10.30 10.50 10.60 9.71
Other costs (43,943) (45,877) (44,091) (38,451)
As % of sales 14.90 17 16.10 14.60
Operating profit 34,526 29,589 36,691 39,239
OPM 11.70 11 13.40 14.90
Depreciation (21,554) (17,905) (16,711) (13,389)
Interest expense (4,682) (4,238) (4,889) (4,861)
Other income 889 755 885 899
Profit before tax 9,180 8,200 15,976 21,887
Taxes (4,342) (3,251) (3,025) (7,643)
Tax rate (47) (40) (19) (35)
Minorities and other 2,176 1,391 479 (73)
Adj. profit 7,014 6,340 13,430 14,171
Exceptional items 1,975 1,115 (1,850) (185)
Net profit 8,989 7,454 11,579 13,986
yoy growth (%) 20.60 (36) (17) --
NPM 3.05 2.76 4.24 5.31
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 9,180 8,200 15,976 21,887
Depreciation (21,554) (17,905) (16,711) (13,389)
Tax paid (4,342) (3,251) (3,025) (7,643)
Working capital 4,033 570 865 (4,371)
Other operating items -- -- -- --
Operating cashflow (12,682) (12,386) (2,895) (3,516)
Capital expenditure 138,161 69,639 61,706 24,997
Free cash flow 125,479 57,254 58,811 21,481
Equity raised 104,341 82,037 103,734 106,594
Investments 18,268 11,420 15,002 4,650
Debt financing/disposal 84,270 94,205 88,972 104,991
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 332,358 244,915 266,520 237,715
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 679 679 679 679
Preference capital -- -- -- --
Reserves 59,500 94,749 57,383 78,273
Net worth 60,180 95,428 58,062 78,952
Minority interest
Debt 106,175 88,950 78,604 69,360
Deferred tax liabilities (net) 1,491 6,126 28,040 26,388
Total liabilities 168,369 191,029 165,159 175,133
Fixed assets 143,118 161,447 129,643 133,151
Intangible assets
Investments 15,771 20,813 20,338 23,767
Deferred tax asset (net) 5,151 4,159 31,323 25,870
Net working capital (28,320) (30,003) (52,223) (38,115)
Inventories 39,014 42,138 35,085 32,656
Inventory Days -- 52.20 47.50 43.70
Sundry debtors 18,996 19,893 14,076 13,571
Debtor days -- 24.60 19 18.10
Other current assets 52,496 48,287 34,077 29,579
Sundry creditors (75,560) (80,258) (60,819) (61,084)
Creditor days -- 99.40 82.30 81.70
Other current liabilities (63,265) (60,063) (74,643) (52,838)
Cash 32,649 34,614 36,078 30,460
Total assets 168,369 191,029 165,159 175,133
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Sep-2019 Jun-2019 Mar-2019 Dec-2018 Sep-2018
Gross Sales 64,763 60,830 85,676 76,265 71,293
Excise Duty -- -- -- -- --
Net Sales 64,763 60,830 85,676 76,265 71,293
Other Operating Income 669 637 746 651 688
Other Income 807 836 1,297 667 748
Total Income 66,239 62,303 87,719 77,583 72,729
Total Expenditure ** 58,483 58,718 79,513 98,803 66,385
PBIDT 7,756 3,585 8,206 (21,221) 6,345
Interest 1,835 1,712 1,588 1,568 1,227
PBDT 5,921 1,874 6,618 (22,789) 5,118
Depreciation 5,300 5,112 5,353 6,439 5,941
Minority Interest Before NP -- -- -- -- --
Tax 275 440 639 325 551
Deferred Tax 171 (244) (528) (2,730) (279)
Reported Profit After Tax 176 (3,434) 1,153 (26,823) (1,095)
Minority Interest After NP 28.90 18.70 (8.80) 31.70 39.30
Net Profit after Minority Interest (217) (3,698) 1,117 (26,993) (1,049)
Extra-ordinary Items 11.10 (94) (548) (27,703) (176)
Adjusted Profit After Extra-ordinary item (228) (3,604) 1,665 710 (873)
EPS (Unit Curr.) (0.60) (11) 3.28 (79) (3.10)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 679 679 679 679 679
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(%) 12 5.89 9.58 (28) 8.90
PBDTM(%) 9.14 3.08 7.72 (30) 7.18
PATM(%) 0.27 (5.60) 1.35 (35) (1.50)