| |
2010-2011 |
2009-2010 |
2008-2009 |
2007-2008 |
2006-2007 |
2005-2006 |
2004-2005 |
| |
Rs. Millions |
Rs. Millions |
Rs. Millions |
Rs. Millions |
Rs. Millions |
Rs. Millions |
Rs. Millions |
| Financial Results |
|
|
|
|
|
|
|
| Sales |
4,096.4 |
3,798.8 |
3,352.3
|
3,794.9
|
4,168.9
|
3,028.1
|
2,019.3
|
| Gross Profit |
519.6 |
412.3 |
532.4
|
369.9
|
614.2
|
495.1
|
319.5
|
| Operating Profit |
250.7 |
197.7 |
350.9
|
7.0
|
390.5
|
329.5
|
207.1
|
| Profit before tax |
146.7 |
52.3 |
101.8
|
53.6
|
293.3
|
261.2
|
170.3
|
| Profit after tax |
85.7
|
45.5
|
63.9
|
65.4
|
194.3
|
173.0
|
112.5
|
| EBITDA |
361.0 |
323.1 |
432.4 |
257.0 |
464.7 |
371.6 |
224.1 |
| Dividend |
56.9
|
32.2
|
48.3
|
- |
54.8
|
24.4
|
38.0
|
| Bonus Issue |
- |
- |
- |
19.5
|
48.8
|
68.3
|
19.5
|
| Capital expenditure |
34.2 |
30.2 |
169.9 |
338.4 |
280.0 |
272.0 |
124.5 |
| Fixed assets at cost/revaluation |
2,254.0 |
2,218.0 |
2,192.0 |
1,776.4 |
1,429.6 |
1,274.9 |
1,007.9 |
| Current assets less current
liabilities |
569.7 |
41.4 |
78.7 |
2.7 |
142.6 |
145.7 |
112.1 |
|
| Cash Flow From: |
|
|
|
|
|
|
|
| Operating activities |
(4.0) |
(562.4) |
630.2 |
31.8 |
(345.4) |
211.9 |
57.7 |
| Investing activities |
(27.3) |
(25.2) |
(164.9) |
(246.8) |
(270.4) |
(265.9) |
(120.9) |
| Financing activities |
357.8 |
556.8 |
(58.5) |
(448.5) |
353.7 |
444.4 |
(51.9) |
| Cash and cash
equivalents |
(11.6) |
(338.0) |
(307.2) |
(714.0) |
(50.4) |
211.6 |
(178.8) |
| Shareholders' funds |
|
|
|
|
|
|
|
| Issued capital |
284.6 |
214.6 |
214.6 |
195.1 |
146.3 |
97.5 |
58.5 |
| Reserve & retained
earning |
1,088.9 |
504.2 |
503.6 |
455.9 |
456.4 |
358.6 |
227.7 |
| Total Shareholders' fund |
1,373.5 |
718.8 |
718.2 |
651.0 |
602.7 |
456.1 |
286.2 |
| Surplus on revaluation
of fixed assets |
695.8 |
680.8 |
684.2 |
687.6 |
549.0 |
551.3 |
549.4 |
| Long term Loans & Liabilities |
199.3 |
394.5 |
510.0 |
378.2 |
259.0 |
174.4 |
46.3 |
| Net Assets employed |
2,268.7 |
1,794.2 |
1,912.4 |
1,716.8 |
1,410.7 |
1,181.8 |
881.9 |
| Liquidity |
|
|
|
|
|
|
|
| Current Ratio |
1.4:1 |
1:1 |
1.1:1 |
1:1 |
1.1:1 |
1.1:1 |
1.1:1 |
| Acid Test Ratio |
0.5:1 |
0.5:1 |
0.4:1 |
0.4:1 |
0.4:1 |
0.4:1 |
0.3:1 |
| |
|
|
|
|
|
|
|
| Financial Gearing |
|
|
|
|
|
|
|
| Financial Leverage |
46:54 |
62:38 |
53:47 |
60:40 |
61:39 |
63:37 |
54:46 |
| Debt to equity ratio |
09:91 |
22:78 |
27:73 |
22:78 |
18:82 |
15:85 |
05:95 |
| Interest coverage (Times) |
2.5 |
1.3 |
1.4 |
1.4 |
3.6 |
4.4 |
5.6 |
| |
|
|
|
|
|
|
|
| Capital efficiency |
|
|
|
|
|
|
|
| Debtor turnover (Times) |
8.6 |
6.0 |
10.4 |
9.6 |
8.3 |
7.7 |
8.2 |
| Inventory turnover (Times) |
2.7 |
3.4 |
4.3 |
3.4 |
3.1 |
2.6 |
2.4 |
| Total assets turnover (Times) |
1.1 |
1.0 |
1.1 |
1.1 |
1.4 |
1.1 |
1.1 |
| Creditor turnover (Times) |
96.7 |
15.1 |
14.1 |
36.2 |
15.3 |
5.1 |
4.8 |
| Operating Cycle No. of
days |
174 |
144 |
94 |
135 |
138 |
116 |
121 |
| Fixed asset turn over (Times) |
2.6 |
2.3 |
2.0 |
2.3 |
3.4 |
3.0 |
2.7 |
| Capital employed turnover
(Times) |
1.8 |
2.1 |
1.8 |
2.2 |
2.9 |
2.6 |
2.3 |
| |
|
|
|
|
|
|
|
| Profitability |
|
|
|
|
|
|
|
| Gross profit % |
12.7 |
10.9 |
15.9 |
9.7 |
14.7 |
16.3 |
15.8 |
| Net profit % |
2.1 |
1.2 |
1.9 |
1.7 |
4.7 |
5.7 |
5.6 |
| EBITDA margin % |
8.8 |
8.5 |
12.9 |
6.8 |
11.1 |
12.3 |
11.1 |
| Return on capital employed
(excl. revaulation surplus) % |
15.4 |
18.5 |
27.0 |
17.9 |
47.0 |
53.6 |
62.3 |
| Return on capital employed
(incl. revaulation surplus) % |
10.7 |
11.5 |
17.4 |
10.7 |
28.7 |
28.6 |
23.5 |
| Return on Equity % |
6.2 |
6.3 |
8.9 |
10.0 |
32.2 |
37.9 |
39.3 |
| Return on total assets
% |
2.3 |
1.2 |
2.1 |
1.9 |
6.5 |
6.4 |
6.2 |
| |
|
|
|
|
|
|
|
| Investment |
|
|
|
|
|
|
|
| Price earning ratio |
13.7 |
25.5 |
11.4 |
36.4 |
20.2 |
10.2 |
10.1 |
| Earning per rupee of sales
Rs. |
0.02 |
0.01 |
0.02 |
0.02 |
0.05 |
0.06 |
0.06 |
| Earning per share Rs. |
3.34 |
2.12 |
2.98 |
3.35 |
13.28 |
17.73 |
19.20 |
| Cash dividend per share
Rs. |
2.0 |
1.50 |
2.25 |
- |
3.75 |
2.50 |
6.50 |
| Bonus issue per share Rs. |
- |
- |
- |
1.00 |
3.33 |
7.50 |
3.30 |
| Dividend (cash+bonus) yield
%* |
4.39 |
2.78 |
6.61 |
10.00 |
34.70 |
76.40 |
36.7 |
| Dividend payout % |
66.3 |
70.7 |
75.6 |
29.8 |
53.3 |
54.0 |
51.1 |
| Dividend Cover (Times) |
1.5 |
1.4 |
1.3 |
3.4 |
1.9 |
1.8 |
2.0 |
| Market value per share
Rs. |
45.6 |
54.0 |
34.0 |
122.0 |
267.9 |
180.0 |
195.0 |
| Market value per share
high during the year Rs. |
68.9 |
63.0 |
120.8 |
276.0 |
273.2 |
263.0 |
261.0 |
| Market value per share
low during the year Rs. |
45.6 |
34.2 |
27.8 |
122.0 |
162.0 |
169.0 |
135.0 |
| Break-up value per share
including surplus on revaluation Rs. |
72.7 |
65.2 |
65.3 |
68.6 |
78.7 |
103.3 |
142.8 |
| Break-up value per share
excluding surplus on revaluation Rs. |
48.3 |
33.5 |
33.5 |
33.4 |
41.2 |
46.8 |
51.9 |
| |
|
|
|
|
|
|
|
| Value addition
and its distribution |
|
|
|
|
|
|
|
| Employees as remuneration |
271.0 |
251.8 |
239.8 |
229.2 |
204.6 |
167.2 |
136.1 |
| Government as taxes |
846.0 |
708.7 |
582.7 |
698.7 |
838.1 |
755.2 |
484.4 |
| Shareholders as dividends |
56.9 |
32.2 |
48.3 |
19.5 |
103.6 |
92.7 |
57.6 |
| Provider of Finance |
95.9 |
154.5 |
230.0 |
130.3 |
112.1 |
77.2 |
36.9 |
| Society |
2.0 |
0.2 |
1.5 |
1.0 |
5.3 |
5.3 |
1.6 |
| Retained within the
business |
32.5 |
16.5 |
19.0 |
58.0 |
93.0 |
100.9 |
55.3 |
