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 32.60 19.60 1.79 (12)
Op profit growth (32) (783) (154) (86)
EBIT growth (36) (37) 201 (192)
Net profit growth (35) (78) 126 84.60
Profitability ratios (%)        
OPM 1.91 3.73 (0.70) 1.24
EBIT margin (2.70) (5.60) (11) (3.60)
Net profit margin (4.20) (8.70) (47) (21)
RoCE (1.60) (2.40) (4) (1.40)
RoNW 3.11 4.56 28.80 104
RoA (0.60) (0.90) (4.40) (2)
Per share ratios ()        
EPS -- -- -- --
Dividend per share -- -- -- --
Cash EPS (21) (27) (69) (32)
Book value per share (69) (56) (79) (19)
Valuation ratios        
P/E -- -- -- --
P/CEPS (0.70) (0.80) (0.20) (0.50)
P/B (0.20) (0.40) (0.20) (0.80)
EV/EBIDTA 39.80 53.80 847 114
Payout (%)        
Dividend payout -- -- -- --
Tax payout -- -- 4.48 2.19
Liquidity ratios        
Debtor days 18.40 36.40 31.90 21.40
Inventory days 38.10 58.50 65 82.80
Creditor days (39) (67) (87) (139)
Leverage ratios        
Interest coverage 1.65 1.86 0.29 0.20
Net debt / equity (4.50) (6.20) (4.40) (16)
Net debt / op. profit 91.40 66.10 (448) 210
Cost breakup ()        
Material costs (73) (68) (77) (78)
Employee costs (4) (4.70) (5.10) (3.50)
Other costs (21) (24) (19) (17)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 2,067 1,559 1,303 1,280
yoy growth (%) 32.60 19.60 1.79 (12)
Raw materials (1,515) (1,057) (1,001) (1,002)
As % of sales 73.30 67.80 76.80 78.30
Employee costs (83) (73) (67) (44)
As % of sales 4.04 4.70 5.12 3.46
Other costs (429) (371) (244) (218)
As % of sales 20.80 23.80 18.70 17
Operating profit 39.50 58.10 (8.50) 15.90
OPM 1.91 3.73 (0.70) 1.24
Depreciation (151) (163) (143) (77)
Interest expense (34) (47) (475) (229)
Other income 55.30 17.70 13.20 14.90
Profit before tax (90) (133) (614) (275)
Taxes -- -- (27) (6)
Tax rate -- -- 4.48 2.19
Minorities and other 2.15 (1.70) 25.90 29.70
Adj. profit (88) (135) (616) (252)
Exceptional items -- -- -- (21)
Net profit (88) (135) (616) (273)
yoy growth (%) (35) (78) 126 84.60
NPM (4.20) (8.70) (47) (21)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax (90) (133) (614) (275)
Depreciation (151) (163) (143) (77)
Tax paid -- -- (27) (6)
Working capital 1.11 715 71.60 75.60
Other operating items -- -- -- --
Operating cashflow (239) 419 (713) (282)
Capital expenditure 2,432 2,473 1,628 1,949
Free cash flow 2,192 2,891 915 1,667
Equity raised (569) (462) (249) (79)
Investments 4.19 1.03 1.02 --
Debt financing/disposal 2,283 2,413 1,579 666
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 3,910 4,842 2,246 2,253
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Equity capital 116 110 110 110
Preference capital -- -- -- --
Reserves (909) (725) (976) (315)
Net worth (793) (615) (866) (205)
Minority interest
Debt 3,629 3,885 3,836 3,358
Deferred tax liabilities (net) 550 449 373 253
Total liabilities 3,386 3,776 3,421 3,509
Fixed assets 3,233 3,448 3,245 3,387
Intangible assets
Investments 4.19 1.03 1.02 0.01
Deferred tax asset (net) 550 449 373 253
Net working capital (421) (164) (223) (150)
Inventories 122 310 190 274
Inventory Days 21.50 72.50 53.20 78.20
Sundry debtors 66.60 141 170 58.20
Debtor days 11.80 33.10 47.60 16.60
Other current assets 108 185 162 217
Sundry creditors (146) (287) (261) (362)
Creditor days 25.70 67.20 73.10 103
Other current liabilities (571) (513) (483) (338)
Cash 19.70 42.10 25.50 19.40
Total assets 3,386 3,776 3,421 3,509
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 1,417 2,100 1,670 1,390 1,260
Excise Duty -- 33 111 87.10 --
Net Sales 1,417 2,067 1,559 1,303 1,260
Other Operating Income -- -- -- -- 20.30
Other Income 16 55.30 17.70 20 17.60
Total Income 1,433 2,122 1,577 1,323 1,298
Total Expenditure ** 1,442 2,027 1,501 1,325 1,288
PBIDT (9.60) 94.80 75.80 (1.50) 9.46
Interest 18.70 33.90 46.60 485 229
PBDT (28) 60.90 29.20 (486) (220)
Depreciation 133 151 163 146 76.70
Minority Interest Before NP -- -- -- -- --
Tax -- -- -- 27.50 4.61
Deferred Tax -- -- -- -- 1.41
Reported Profit After Tax (162) (90) (133) (659) (303)
Minority Interest After NP -- (2.20) -- (25) (30)
Net Profit after Minority Interest (162) (88) (133) (634) (273)
Extra-ordinary Items -- -- -- -- (21)
Adjusted Profit After Extra-ordinary item (162) (88) (133) (634) (252)
EPS (Unit Curr.) (14) (8) (12) (60) (25)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 116 116 110 110 110
Public Shareholding (Number) -- -- -- -- 27,500,000
Public Shareholding (%) -- -- -- -- 25
Pledged/Encumbered - No. of Shares -- -- -- -- 68,175,000
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- 82.60
Pledged/Encumbered - % in Total Equity -- -- -- -- 62
Non Encumbered - No. of Shares -- -- -- -- 14,325,000
Non Encumbered - % in Total Promoters Holding -- -- -- -- 17.40
Non Encumbered - % in Total Equity -- -- -- -- 13
PBIDTM(%) (0.70) 4.59 4.86 (0.10) 0.75
PBDTM(%) (2) 2.95 1.87 (37) (17)
PATM(%) (11) (4.30) (8.60) (51) (24)