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 3.91 10.70 19 10.40
Op profit growth 21.30 18 15.40 4.11
EBIT growth 28.20 15.90 10.70 5.95
Net profit growth (33) 170 (16) 9.57
Profitability ratios (%)        
OPM 31 26.50 24.90 25.70
EBIT margin 34.80 28.20 26.90 29
Net profit margin 22.10 34.50 14.20 20
RoCE 25.90 23.50 25.90 27.40
RoNW 4.80 9.66 3.98 4.75
RoA 4.11 7.20 3.41 4.73
Per share ratios ()        
EPS 15.40 23.10 8.58 8.19
Dividend per share 2.90 2.50 2.25 2.25
Cash EPS 13.50 21.90 7.76 9.48
Book value per share 90.60 69.70 50 57.80
Valuation ratios        
P/E 37.40 23.10 45 41.70
P/CEPS 42.70 24.40 49.80 36.10
P/B 7.32 7.68 7.73 9.30
EV/EBIDTA 21.60 26.40 23 21.70
Payout (%)        
Dividend payout -- -- -- 41.50
Tax payout (39) (41) (39) (31)
Liquidity ratios        
Debtor days 75.80 73.50 75.90 78.40
Inventory days 118 85.50 78.70 88.20
Creditor days (80) (52) (39) (47)
Leverage ratios        
Interest coverage (16) (13) (9.80) (137)
Net debt / equity (0.10) (0.10) 0.16 (0.10)
Net debt / op. profit (0.60) (0.20) 0.52 (0.60)
Cost breakup ()        
Material costs 13.90 5.88 2.24 0.28
Employee costs (10) (9.40) (8.60) (9.20)
Other costs (73) (70) (69) (65)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 6,686 6,434 5,813 4,884
yoy growth (%) 3.91 10.70 19 10.40
Raw materials 932 378 130 13.80
As % of sales 13.90 5.88 2.24 0.28
Employee costs (666) (604) (499) (450)
As % of sales 9.96 9.39 8.58 9.21
Other costs (4,882) (4,502) (3,998) (3,194)
As % of sales 73 70 68.80 65.40
Operating profit 2,070 1,706 1,446 1,254
OPM 31 26.50 24.90 25.70
Depreciation (182) (115) (78) (67)
Interest expense (145) (137) (160) (10)
Other income 440 224 197 228
Profit before tax 2,183 1,678 1,406 1,404
Taxes (841) (681) (549) (429)
Tax rate (39) (41) (39) (31)
Minorities and other 1.30 1.20 (0.50) 2
Adj. profit 1,343 998 856 978
Exceptional items 135 1,223 (33) --
Net profit 1,479 2,221 823 978
yoy growth (%) (33) 170 (16) 9.57
NPM 22.10 34.50 14.20 20
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 2,183 1,678 1,406 1,404
Depreciation (182) (115) (78) (67)
Tax paid (841) (681) (549) (429)
Working capital 3,837 4,144 1,438 309
Other operating items -- -- -- --
Operating cashflow 4,997 5,026 2,218 1,217
Capital expenditure 1,106 241 456 75.50
Free cash flow 6,102 5,267 2,673 1,292
Equity raised 10,130 7,713 7,701 5,421
Investments 833 543 356 147
Debt financing/disposal 380 2,201 1,713 (0.70)
Dividends paid -- -- -- 216
Other items -- -- -- --
Net in cash 17,444 15,724 12,444 7,075
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 96 96 96 96
Preference capital 741 1,144 -- --
Reserves 8,828 7,466 6,594 4,708
Net worth 9,665 8,706 6,690 4,804
Minority interest
Debt 374 382 2,203 1,716
Deferred tax liabilities (net) -- -- 7.20 --
Total liabilities 10,053 9,102 8,902 6,522
Fixed assets 1,571 1,568 1,071 1,443
Intangible assets
Investments 977 1,529 1,343 1,148
Deferred tax asset (net) -- -- 97.50 64.80
Net working capital 6,284 4,394 3,777 2,903
Inventories 3,851 2,628 1,696 1,318
Inventory Days -- 143 96.20 82.80
Sundry debtors 1,827 1,537 1,242 1,348
Debtor days -- 83.90 70.40 84.70
Other current assets 3,486 2,257 2,202 1,681
Sundry creditors (1,512) (1,168) (852) (496)
Creditor days -- 63.70 48.40 31.20
Other current liabilities (1,368) (860) (511) (948)
Cash 1,222 1,612 2,613 963
Total assets 10,053 9,102 8,902 6,522
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 7,934 6,686 6,434 5,813 4,884
Excise Duty -- -- -- -- --
Net Sales 7,934 6,686 6,434 5,813 4,884
Other Operating Income -- -- -- -- --
Other Income 254 576 1,447 197 228
Total Income 8,188 7,262 7,882 6,010 5,111
Total Expenditure ** 5,388 4,616 4,728 4,399 3,630
PBIDT 2,800 2,646 3,153 1,610 1,481
Interest 130 145 137 160 10.30
PBDT 2,669 2,501 3,016 1,451 1,471
Depreciation 235 182 115 77.70 67.30
Minority Interest Before NP -- -- -- -- --
Tax 854 878 433 555 143
Deferred Tax 13.40 (37) 247 (5.50) 286
Reported Profit After Tax 1,567 1,478 2,220 824 975
Minority Interest After NP 0.15 (1.40) (1.20) -- (5.70)
Net Profit after Minority Interest 1,567 1,479 2,221 824 978
Extra-ordinary Items (14) 83.70 936 (20) --
Adjusted Profit After Extra-ordinary item 1,581 1,395 1,285 843 978
EPS (Unit Curr.) 16.30 15.40 23.10 8.57 8.67
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 350 290 250 225 225
Equity 96.10 96.10 96 96 96
Public Shareholding (Number) -- -- -- -- 546,800,000
Public Shareholding (%) -- -- -- -- 56.90
Pledged/Encumbered - No. of Shares -- -- -- -- 155,600,000
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- 37.60
Pledged/Encumbered - % in Total Equity -- -- -- -- 16.20
Non Encumbered - No. of Shares -- -- -- -- 258,000,000
Non Encumbered - % in Total Promoters Holding -- -- -- -- 62.40
Non Encumbered - % in Total Equity -- -- -- -- 26.90
PBIDTM(%) 35.30 39.60 49 27.70 30.30
PBDTM(%) 33.60 37.40 46.90 25 30.10
PATM(%) 19.80 22.10 34.50 14.20 20