MCDOWELL-N Financial Statements

United Spirits Annually Results

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2021 Mar-2020 Mar-2018 Mar-2017
Growth matrix (%)        
Revenue growth (13) 8.55 (2.60) 3.80
Op profit growth (33) 30.90 21.40 2.55
EBIT growth (39) 6.66 35.50 6.45
Net profit growth (42) 3.96 533 (28)
Profitability ratios (%)        
OPM 12.90 16.90 14 11.20
EBIT margin 9.75 14 14.30 10.30
Net profit margin 4.72 7.07 7.38 1.14
RoCE 13.60 21 20.30 15.10
RoNW 2.44 5.36 7.54 1.46
RoA 1.64 2.64 2.63 0.42
Per share ratios ()        
EPS 4.98 8.54 44.90 6.40
Dividend per share -- -- -- --
Cash EPS 1.16 5.14 30.40 (6.10)
Book value per share 56.70 51.30 166 123
Valuation ratios        
P/E 112 56.80 13.90 67.90
P/CEPS 478 94.30 20.60 (71)
P/B 9.81 9.45 3.76 3.54
EV/EBIDTA 37.90 23.70 34.20 32.60
Payout (%)        
Dividend payout -- -- -- --
Tax payout (29) (49) (27) (13)
Liquidity ratios        
Debtor days 100 97.70 120 109
Inventory days 89.30 75.30 81.70 80.30
Creditor days (69) (63) (67) (55)
Leverage ratios        
Interest coverage (4.20) (6.20) (4.50) (2.40)
Net debt / equity 0.23 0.67 1.31 2.27
Net debt / op. profit 0.91 1.59 2.64 4.10
Cost breakup ()        
Material costs (55) (54) (51) (56)
Employee costs (6.80) (5.70) (7.90) (7.80)
Other costs (25) (24) (28) (25)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2021 Mar-2020 Mar-2018 Mar-2017
Revenue 8,131 9,325 8,591 8,818
yoy growth (%) (13) 8.55 (2.60) 3.80
Raw materials (4,456) (5,029) (4,341) (4,930)
As % of sales 54.80 53.90 50.50 55.90
Employee costs (556) (530) (681) (688)
As % of sales 6.84 5.68 7.93 7.80
Other costs (2,067) (2,194) (2,368) (2,210)
As % of sales 25.40 23.50 27.60 25.10
Operating profit 1,053 1,572 1,201 989
OPM 12.90 16.90 14 11.20
Depreciation (299) (285) (192) (189)
Interest expense (188) (212) (271) (375)
Other income 39.60 22 219 105
Profit before tax 606 1,097 956 531
Taxes (178) (540) (260) (70)
Tax rate (29) (49) (27) (13)
Minorities and other 21.50 38.30 (18) 7.10
Adj. profit 449 596 678 468
Exceptional items (64) 66.60 (45) (368)
Net profit 384 659 634 100
yoy growth (%) (42) 3.96 533 (28)
NPM 4.72 7.07 7.38 1.14
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2021 Mar-2020 Mar-2018 Mar-2017
Profit before tax 606 1,097 956 531
Depreciation (299) (285) (192) (189)
Tax paid (178) (540) (260) (70)
Working capital (1,554) (1,157) (346) (922)
Other operating items -- -- -- --
Operating cashflow (1,426) (885) 158 (650)
Capital expenditure (4,110) (5,950) (6,659) (4,938)
Free cash flow (5,536) (6,835) (6,501) (5,588)
Equity raised 7,663 7,479 6,321 4,427
Investments (154) (214) (218) (238)
Debt financing/disposal (2,821) (3,007) (3,459) (477)
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash (848) (2,576) (3,857) (1,876)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2021 Mar-2020 Mar-2019 Mar-2018
Equity capital 25.60 25.60 25.60 25.60
Preference capital -- -- -- --
Reserves 4,094 3,702 3,065 2,394
Net worth 4,120 3,728 3,090 2,419
Minority interest
Debt 1,037 2,570 2,883 3,421
Deferred tax liabilities (net) 167 185 366 194
Total liabilities 5,262 6,442 6,336 6,048
Fixed assets 1,990 2,077 1,960 1,893
Intangible assets
Investments -- 21.90 25.20 0.10
Deferred tax asset (net) 312 337 656 366
Net working capital 2,877 3,933 3,413 3,533
Inventories 2,052 1,928 1,934 1,920
Inventory Days 92.10 75.40 -- 81.60
Sundry debtors 2,187 2,284 2,543 2,711
Debtor days 98.20 89.40 -- 115
Other current assets 2,053 2,309 2,074 1,974
Sundry creditors (1,446) (1,225) (1,440) (1,447)
Creditor days 64.90 47.90 -- 61.50
Other current liabilities (1,970) (1,362) (1,699) (1,625)
Cash 83.90 73.50 283 256
Total assets 5,262 6,442 6,336 6,048
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2021 Mar-2020 Mar-2019 Mar-2018 Mar-2017
Gross Sales 27,419 28,824 28,873 26,556 25,757
Excise Duty 19,287 19,498 19,532 17,965 16,939
Net Sales 8,131 9,325 9,341 8,591 8,818
Other Operating Income -- -- -- -- --
Other Income 39.60 88.60 71.80 219 105
Total Income 8,171 9,414 9,413 8,810 8,923
Total Expenditure ** 7,144 7,756 7,949 7,434 8,196
PBIDT 1,027 1,658 1,464 1,375 726
Interest 188 212 237 271 375
PBDT 839 1,446 1,226 1,104 351
Depreciation 299 285 215 192 189
Minority Interest Before NP -- -- -- -- --
Tax 173 402 435 243 59.80
Deferred Tax 4.60 137 (107) 17.10 9.90
Reported Profit After Tax 362 621 684 652 93
Minority Interest After NP (22) (38) (17) -- --
Net Profit after Minority Interest 384 659 700 652 93
Extra-ordinary Items (43) 35.60 1.48 (32) (298)
Adjusted Profit After Extra-ordinary item 427 623 699 684 391
EPS (Unit Curr.) 5.41 9.29 9.87 44.70 7.06
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 145 145 145 145 145
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(%) 12.60 17.80 15.70 16 8.24
PBDTM(%) 10.30 15.50 13.10 12.90 3.98
PATM(%) 4.45 6.65 7.32 7.59 1.05
Open ZERO Brokerage Demat Account
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity