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 3.63 2.13 (14) 6.02
Op profit growth 9.76 83.40 (50) (45)
EBIT growth 15.80 105 (62) (39)
Net profit growth 64.40 (147) (213) (56)
Profitability ratios (%)        
OPM 4.25 4.02 2.24 3.82
EBIT margin 4.09 3.66 1.83 4.07
Net profit margin 1.21 0.77 (1.70) 1.26
RoCE 6.95 5.90 2.82 7.58
RoNW 1.14 0.72 (1.50) 1.33
RoA 0.52 0.31 (0.60) 0.59
Per share ratios ()        
EPS 3.19 1.94 -- 3.40
Dividend per share 0.75 -- -- 1
Cash EPS 1.86 0.58 (5.70) 2.35
Book value per share 71.40 68.30 65.30 69.50
Valuation ratios        
P/E 26.70 40.10 -- 43.50
P/CEPS 45.70 133 (10) 63.10
P/B 1.19 1.14 0.89 2.13
EV/EBIDTA 13.60 14.60 24.50 17.70
Payout (%)        
Dividend payout -- -- -- 34.20
Tax payout (33) 10.30 7.52 (47)
Liquidity ratios        
Debtor days 2.62 0.31 0.16 0.35
Inventory days 213 232 247 210
Creditor days (19) (19) (23) (19)
Leverage ratios        
Interest coverage (1.80) (1.20) (0.50) (1.60)
Net debt / equity 1.11 1.14 1.40 1.20
Net debt / op. profit 7.13 7.62 16.50 7.51
Cost breakup ()        
Material costs (85) (85) (85) (85)
Employee costs (4.50) (4.70) (4.30) (3.20)
Other costs (6.40) (6.20) (8.40) (7.50)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 1,751 1,690 1,655 1,934
yoy growth (%) 3.63 2.13 (14) 6.02
Raw materials (1,486) (1,438) (1,406) (1,654)
As % of sales 84.80 85.10 85 85.50
Employee costs (78) (80) (72) (62)
As % of sales 4.48 4.72 4.33 3.22
Other costs (113) (104) (140) (144)
As % of sales 6.44 6.18 8.44 7.46
Operating profit 74.50 67.90 37 73.80
OPM 4.25 4.02 2.24 3.82
Depreciation (8.80) (9) (10) (8.70)
Interest expense (40) (50) (56) (50)
Other income 5.99 3.05 3.64 13.50
Profit before tax 32 11.70 (26) 28.40
Taxes (11) 1.20 (1.90) (13)
Tax rate (33) 10.30 7.52 (47)
Minorities and other -- -- -- --
Adj. profit 21.30 12.90 (28) 15
Exceptional items -- -- -- 9.34
Net profit 21.30 12.90 (28) 24.30
yoy growth (%) 64.40 (147) (213) (56)
NPM 1.21 0.77 (1.70) 1.26
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 32 11.70 (26) 28.40
Depreciation (8.80) (9) (10) (8.70)
Tax paid (11) 1.20 (1.90) (13)
Working capital 670 577 242 28.50
Other operating items -- -- -- --
Operating cashflow 682 581 204 34.80
Capital expenditure 57.20 43.50 34.40 7.48
Free cash flow 739 624 238 42.30
Equity raised 462 503 740 760
Investments -- 0.09 0.05 0.05
Debt financing/disposal 381 366 239 146
Dividends paid -- -- -- 6.67
Other items -- -- -- --
Net in cash 1,582 1,493 1,217 955
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 66.70 66.70 66.70 66.70
Preference capital -- -- -- --
Reserves 417 410 389 369
Net worth 484 477 456 436
Minority interest
Debt 606 569 549 650
Deferred tax liabilities (net) 5.63 6.01 5.73 --
Total liabilities 1,095 1,051 1,011 1,087
Fixed assets 111 103 104 109
Intangible assets
Investments 0.03 0.03 0.14 0.10
Deferred tax asset (net) 5.63 4.31 6.55 --
Net working capital 939 906 868 938
Inventories 1,179 1,021 1,027 1,126
Inventory Days -- 213 222 248
Sundry debtors 25.90 23 2.21 0.69
Debtor days -- 4.78 0.48 0.15
Other current assets 67.60 33.80 25.90 21.70
Sundry creditors (198) (92) (79) (93)
Creditor days -- 19.30 17.10 20.50
Other current liabilities (136) (79) (108) (117)
Cash 39.80 37.60 31.60 39.30
Total assets 1,095 1,051 1,011 1,087
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 1,764 1,755 1,698 1,654 1,934
Excise Duty -- 4.28 7.96 0.06 --
Net Sales 1,764 1,751 1,690 1,654 1,934
Other Operating Income 0.25 0.61 0.42 0.47 0.47
Other Income 4.22 5.99 3.05 3.64 22.80
Total Income 1,768 1,757 1,693 1,658 1,957
Total Expenditure ** 1,688 1,677 1,622 1,618 1,860
PBIDT 79.70 80.50 70.90 40.70 96.70
Interest 46.40 39.70 50.20 55.80 50.20
PBDT 33.30 40.80 20.80 (15) 46.40
Depreciation 10.20 8.83 9.03 10.50 8.66
Minority Interest Before NP -- -- -- -- --
Tax 9.94 9.84 (2) 1.93 13.50
Deferred Tax (2.40) 0.87 0.83 -- --
Reported Profit After Tax 15.60 21.30 12.90 (28) 24.30
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest 15.60 21.30 12.90 (28) 24.30
Extra-ordinary Items -- -- -- -- 6.01
Adjusted Profit After Extra-ordinary item 15.60 21.30 12.90 (28) 18.30
EPS (Unit Curr.) 2.33 3.19 1.94 (4.10) 3.65
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 7.50 7.50 -- -- 10
Equity 66.70 66.70 66.70 66.70 66.70
Public Shareholding (Number) -- -- -- -- 17,260,125
Public Shareholding (%) -- -- -- -- 25.90
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- 49,459,775
Non Encumbered - % in Total Promoters Holding -- -- -- -- 100
Non Encumbered - % in Total Equity -- -- -- -- 74.10
PBIDTM(%) 4.52 4.60 4.20 2.46 5
PBDTM(%) 1.89 2.33 1.23 (0.90) 2.40
PATM(%) 0.88 1.21 0.77 (1.70) 1.26