Ten Years performance

10 YEARS PERFORMANCE AT A GLANCE (Year ended 31st March) ( Rupees in Millions )
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
OPERATING RESULTS
Net Sales and Service Charges
– Domestic 3,891.32 4,217.01 4,809.48 4,803.69 4,765.51 6,338.06 7,100.16 7,886.74 6,996.69 6,899.65  7,842.34  9,799.21
– Export 598.36 599.87 1,024.35 1,260.94 1,375.25 1,085.86 1,062.93 1,428.05 1,285.91 1,402.78  1,162.55  1,005.28
Total Net Sales 4,489.68 4,816.88 5,833.83 6,064.63 6,140.76 7,423.92 8,163.09 9,314.79 8,282.60 8,302.43 9,004.89 10,804.49
Gross Surplus from Operation 890.31 778.13 954.17 763.11 335.34 909.50 768.73 737.32 604.37 658.14 232.84 1,066.54
Other Income 19.45 29.30 30.36 69.41 42.28 33.30 57.15 21.47 15.16 36.22 20.06  70.00
Depreciation & Amortisation Expense(a) 218.90 256.60 295.92 327.19 364.91 351.78 337.04 291.91 319.50 306.65 352.55  341.74
Finance Costs(b) 68.33 121.87 180.48 287.00 395.51 316.45 273.12 297.92 163.31 65.20  78.90  93.12
Profit / (Loss) from operations before
Exceptional Items and Tax
508.13 218.33 (382.80) 274.57 215.72 168.96 136.72 322.51 (178.55) 701.68
Exceptional Items(Net) 494.20 516.33 (46.77)  (100.16)
Profit / (Loss) Before Tax (PBT) (c) 622.53 428.96 508.13 218.33 (382.80) 274.57 215.72 663.16 136.72 838.84  (225.32) 601.52
Tax Provision Incl.
Deferred Tax
210.00 125.87 146.00 27.50 (82.56) 19.77 (15.43) 99 (20.68) 168.85 45.35  169.55
Profit / (Loss)
After Tax (PAT) (d)
412.53 303.09 362.13 190.83 (300.24) 254.80 231.15 564.16 157.40 669.99 (179.97) 431.97
Dividend
(including
Tax) (e)
102.62 102.62 105.30 63.18 41.98 62.76 83.68 42.12 88.45  _  114.10
Retained Profit/Loss 309.91 200.47 256.83 127.65 (300.24) 212.82 168.39 480.48 115.28 581.54 (179.97)  317.87
As at 31st March 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
SOURCES OF FUNDS
Share Capital 90.00 90.00 90.00 90.00 90.00 90.00 90.00 90.00 90.00 94.50 94.80  94.80
Reserves & Surplus 1,163.81 1,394.06 1,650.89 1,778.54 1,478.30 1,691.12 1,859.51 2,339.99 2,455.28 3,113.32 2580.59  2898.47
Money received against Share Warrants 20.25 20.25
Networth (f) 1,253.81 1,484.06 1,740.89 1,868.54 1,568.30 1,781.12 1,949.51 2,450.24 2,565.53 3,207.82  2,675.35  2,993.27
Deferred Tax Liability/ (Asset) 93.19 87.19 67.19 37.19 (29.81) (56.81) 7.00 51.00 40.00 81.00  14.00  (10.00)
Loan Funds (g) 1,558.71 2,334.16 2,979.65 3,250.60 3,090.05 2,559.98 2,380.60 1,738.56 1,049.24 439.42  640.10  500.00
Total Capital Employed (h) 2,905.71 3,905.41 4787.73 5156.33 4,628.54 4,284.29 4,337.11 4,239.80 3,654.77 3,728.24  3,329.49  3,483.27
APPLICATION OF FUNDS
Gross Fixed Asset 3,130.38 3,505.33 4,186.60 4,741.85 4,972.66 5,127.37 5,138.11 5,043.79 5,180.64 5,041.60  4,557.01  4,703.33
Depreciation 1,326.63 1,502.76 1,794.99 2,119.56 2,461.98 2,804.32 2,979.66 3,130.63 3,347.13 3,231.80  2,796.33  2,898.77
Net Fixed Asset 1,803,75 2,002.57 2,391.61 2,622.29 2,510.68 2,323.05 2,158.45 1913.16 1,833.51 1,809.80  1,760.68  1,804.56
Investment 49.83 277.74 243.74 182.91 182.91 252.41 252.41 302.41 388.05 603.85  527.56  954.42
Net Current Asset 1,052.13 1,625.10 2,152.38 2,351.13 1,934.95 1,708.83 1,926.25 2,024.23 1,433.21 1,314.59  1,401.25  724.29
Net Assets Employed 2,905.71 3,905.41 4,787.73 5,156.33 4,628.54 4,284.29 4,337.11 4,239.80 3,654.77 3,728.24  3,329.49  3,483.27
PERFORMANCE INDICATORS
Equity Shares (Nos. in Mn) (i) @90.00 90.00 90.00 90.00 90.00 90.00 90.00 90.00 90.00 94.50  94.80  94.80
Face Value of Equity share (Rs.) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00  1.00  1.00
Earnings per Share(EPS) (Rs.) (d/i) #4.58 3.37 4.02 2.12 (3.34) 2.83 2.57 6.27 1.75 7.16  (1.90)  4.56
Diluted Earnings per share (`) 4.58 3.37 4.02 2.12 (3.34) 2.83 2.57 6.18 1.67 7.16  (1.90)   4.56
Dividend per Share (Rs.) 1.00 1.00 1.00 0.60 0.40 0.60 0.80 0.40 0.80  _  1.00
Networth per Share(NWPS) (Rs.) (f/i)  #13.93 16.49 19.34 20.76 17.43 19.79 21.66 27.22 28.51 33.95  28.22  31.58
Return on Average Networth (RONW) (%) * 36.95 22.14 22.46 10.57 (17.47) 15.21 12.39 25.65 6.28 23.21  (6.12)  15.24
Return on Average Capital Employed (ROCE) (%) ** 26.88 16.17 15.84 10.16 0.26 13.26 11.34 22.41 7.60 24.49  (4.15)  20.39
Total Debt to Networth (g/f) 1.24 1.57 1.71 1.74 1.97 1.44 1.22 0.71 0.41 0.14  0.24  0.17
Interest Coverage Ratio (a+b+c) / b 13.32 6.63 5.46 2.90 0.95 2.98 3.02 4.21 3.79 18.57  2.61  11.13
@ Increase in the Equity shares is on account of Bonus issue in the ratio 1:2 and splitting of the equity shares from the face value of Rs.10/- per share to Re1/- per share on 15th July 2004
# Earning Per Share and Networth Per Share have been calculated on the enhanced Equity Capital on account of the Bonus Issue and enhanced number of Equity Shares due to Stock Split.
* RONW = [PAT /{(Previous Year Networth + Current Year Networth) / 2}] x 100
**ROCE= [(PBT + Interest)/{(Previous Year Capital Employed + Current Year Capital Employed)/2}] x 100