Balance Sheet of Dr ------------------- in Rs. Cr.

-------------------
Reddys Laboratories
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 38.35 83.96 84.09 84.20 84.40
Equity Share Capital 38.35 83.96 84.09 84.20 84.40
Share Application Money 0.00 0.00 0.00 0.00 0.00
Preference Share Capital 0.00 0.00 0.00 0.00 0.00
2,223.7
Reserves 4,289.40 4,727.72 5,174.90 5,830.20
9
Revaluation Reserves 0.00 0.00 0.00 0.00 0.00
2,262.1
Networth 4,373.36 4,811.81 5,259.10 5,914.60
4
Secured Loans 145.13 1.92 3.40 2.60 0.80
Unsecured Loans 778.74 327.98 458.91 637.70 562.40
Total Debt 923.87 329.90 462.31 640.30 563.20
3,186.0
Total Liabilities 4,703.26 5,274.12 5,899.40 6,477.80
1
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
1,052.9
Gross Block 1,291.19 1,750.21 2,157.30 2,425.70
0
Less: Accum. Depreciation 491.08 609.15 762.80 946.50 1,110.10
Net Block 561.82 682.04 987.41 1,210.80 1,315.60
Capital Work in Progress 112.92 280.61 245.71 411.20 745.40
Investments 911.36 966.99 2,080.71 1,865.10 2,652.70
Inventories 443.10 487.58 640.93 735.10 897.40
Sundry Debtors 581.22 1,055.70 897.71 1,419.70 1,060.50
Cash and Bank Balance 25.50 148.60 67.19 84.30 47.90
1,049.8
Total Current Assets 1,691.88 1,605.83 2,239.10 2,005.80
2
Loans and Advances 723.61 1,028.56 1,272.02 1,331.20 1,321.40
Fixed Deposits 625.44 1,308.11 470.15 300.10 320.10
2,398.8
Total CA, Loans & Advances 4,028.55 3,348.00 3,870.40 3,647.30
7
Deffered Credit 0.00 0.00 0.00 0.00 0.00
Current Liabilities 624.25 731.96 786.36 1,163.30 1,543.80
Provisions 174.70 522.97 601.38 294.80 339.40
Total CL & Provisions 798.95 1,254.93 1,387.74 1,458.10 1,883.20
 1,599.9
Net Current Assets 2,773.62 1,960.26 2,412.30 1,764.10
2
Miscellaneous Expenses 0.00 0.00 0.00 0.00 0.00
3,186.0
Total Assets 4,703.26 5,274.09 5,899.40 6,477.80
2

2,409.2
Contingent Liabilities 1,896.92 1,892.55 1,934.80 2,016.10
7
Book Value (Rs) 294.95 260.45 286.12 312.17 350.30

Key Financial Ratios of ------------------- in Rs. Cr. -------------------

Dr Reddys Laboratories

Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Investment Valuation Ratios

Face Value 5.00 5.00 5.00 5.00 5.00
Dividend Per Share 5.00 3.75 3.75 6.25 11.25
Operating Profit Per Share (Rs) 41.34 79.05 34.65 44.99 64.47
261.2
Net Operating Profit Per Share (Rs) 225.31 198.84 237.40 260.33
0
288.3
Free Reserves Per Share (Rs) 254.35 278.46 304.97 341.13
7
Bonus in Equity Capital 45.60 66.54 66.43 66.34 66.19
Profitability Ratios
Operating Profit Margin(%) 15.82 35.08 17.42 18.95 24.76
Profit Before Interest And Tax
9.82 29.43 12.01 13.28 18.92
Margin(%)
Gross Profit Margin(%) 18.65 38.66 12.58 14.11 19.70
Cash Profit Margin(%) 15.39 32.30 17.59 19.10 22.17
Adjusted Cash Margin(%) 15.80 33.50 17.59 19.10 22.17
Net Profit Margin(%) 10.08 29.01 13.57 13.20 18.48
Adjusted Net Profit Margin(%) 9.85 29.77 13.57 13.20 18.48
Return On Capital Employed(%) 8.90 30.79 10.55 13.46 15.87
Return On Net Worth(%) 9.33 26.91 9.87 10.66 14.30
Adjusted Return on Net Worth(%) 9.12 27.60 9.00 11.37 13.07
Return on Assets Excluding
5.30 260.45 286.12 312.17 350.30
Revaluations
Return on Assets Including
5.30 260.45 286.12 312.17 350.30
Revaluations
Return on Long Term Funds(%) 12.48 33.05 11.54 15.08 17.36
Liquidity And Solvency Ratios
Current Ratio 1.29 2.56 1.82 1.85 1.49
Quick Ratio 2.43 2.81 1.94 2.13 1.45
Debt Equity Ratio 0.41 0.08 0.10 0.12 0.10
Long Term Debt Equity Ratio -- -- -- -- --
Debt Coverage Ratios
Interest Cover 16.13 45.49 85.79 53.32 250.76
Total Debt to Owners Fund 0.41 0.08 0.10 0.12 0.10
Financial Charges Coverage Ratio 16.58 30.80 50.33 36.78 79.36
Financial Charges Coverage Ratio
14.63 26.57 45.79 29.26 68.99
Post Tax
Management Efficiency Ratios
Inventory Turnover Ratio 4.73 8.32 5.90 6.09 5.39
Debtors Turnover Ratio 4.01 4.62 3.42 3.45 3.54
Investments Turnover Ratio 5.14 8.72 5.90 6.09 5.39
Fixed Assets Turnover Ratio 3.31 4.95 1.97 1.91 1.86
Total Assets Turnover Ratio 0.64 0.81 0.64 0.69 0.69
Asset Turnover Ratio 2.01 3.06 1.97 1.91 1.86
142.5
Average Raw Material Holding 85.16 104.05 108.84 104.48
8
Average Finished Goods Held 18.69 10.63 14.65 15.37 18.28
287.5
Number of Days In Working Capital 263.93 211.04 217.13 144.48
2
Profit & Loss Account Ratios
Material Cost Composition 39.57 30.26 40.29 38.35 36.38
Imported Composition of Raw
56.72 36.74 26.37 38.75 30.36
Materials Consumed
Selling Distribution Cost Composition 12.13 8.54 11.22 11.21 10.09
Expenses as Composition of Total
60.40 81.74 70.77 78.09 71.92
Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 20.71 6.25 15.52 21.94 26.19
Dividend Payout Ratio Cash Profit 13.02 5.54 11.21 15.90 20.37
Earning Retention Ratio 78.82 93.90 82.97 79.43 71.35
Cash Earning Retention Ratio 86.79 94.58 88.02 84.84 78.17
AdjustedCash Flow Times 2.79 0.24 0.75 0.79 0.55

Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Earnings Per Share 27.53 70.09 28.26 33.29 50.11

294.9
Book Value 260.45 286.12 312.17 350.30
5
alance Sheet of Cipla ------------------- in Rs. Cr. -------------------
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 59.97 155.46 155.46 155.46 160.58
Equity Share Capital 59.97 155.46 155.46 155.46 160.58
Share Application Money 0.00 0.00 0.00 0.00 0.00
Preference Share Capital 0.00 0.00 0.00 0.00 0.00
1,913.9
Reserves 3,071.84 3,591.39 4,186.32 5,744.54
8
Revaluation Reserves 9.32 8.97 8.97 8.97 8.97
1,983.2
Networth 3,236.27 3,755.82 4,350.75 5,914.09
7
Secured Loans 51.27 7.25 16.98 2.79 0.41
Unsecured Loans 417.64 116.31 563.55 937.45 4.66
Total Debt 468.91 123.56 580.53 940.24 5.07
2,452.1
Total Liabilities 3,359.83 4,336.35 5,290.99 5,919.16
8
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
 1,366.6
Gross Block 1,799.71 2,201.79 2,693.29 2,895.44
7
Less: Accum. Depreciation 310.06 411.64 540.43 700.80 884.27
1,056.6
Net Block 1,388.07 1,661.36 1,992.49 2,011.17
1
Capital Work in Progress 87.01 73.19 233.12 366.32 684.24
Investments 22.43 117.80 94.75 81.32 265.10
Inventories 957.00 978.60 1,120.49 1,398.32 1,512.58
Sundry Debtors 875.96 1,028.78 1,393.91 1,837.15 1,552.71
Cash and Bank Balance 44.45 56.33 79.12 52.84 60.32
1,877.4
Total Current Assets 2,063.71 2,593.52 3,288.31 3,125.61
1
Loans and Advances 414.84 695.81 1,150.30 1,131.10 2,357.29
Fixed Deposits 0.03 75.16 0.16 0.16 0.52
2,292.2
Total CA, Loans & Advances 2,834.68 3,743.98 4,419.57 5,483.42
8
Deffered Credit 0.00 0.00 0.00 0.00 0.00
Current Liabilities 733.84 643.78 980.05 1,177.00 1,177.11
Provisions 272.31 410.13 416.81 391.71 1,347.66
1,006.1
Total CL & Provisions 1,053.91 1,396.86 1,568.71 2,524.77
5
1,286.1
Net Current Assets 1,780.77 2,347.12 2,850.86 2,958.65
3
Miscellaneous Expenses 0.00 0.00 0.00 0.00 0.00
2,452.1
Total Assets 3,359.83 4,336.35 5,290.99 5,919.16
8

1,600.7
Contingent Liabilities 1,586.64 1,664.58 730.75 423.87
5
Book Value (Rs) 65.83 41.52 48.20 55.86 73.55

Key Financial Ratios of ------------------- in Rs. Cr. -------------------

Cipla

Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Investment Valuation Ratios

Face Value 2.00 2.00 2.00 2.00 2.00
Dividend Per Share 2.00 2.00 2.00 2.00 2.00
Operating Profit Per Share (Rs) 23.14 10.57 10.96 16.02 17.20
Net Operating Profit Per Share (Rs) 99.42 45.83 54.08 67.34 69.82
Free Reserves Per Share (Rs) 63.82 39.52 46.20 53.86 71.54
Bonus in Equity Capital 97.36 97.55 97.55 97.55 94.44
Profitability Ratios
Operating Profit Margin(%) 23.27 23.07 20.27 23.78 24.63
Profit Before Interest And Tax
20.32 19.80 16.90 20.52 21.32
Margin(%)
Gross Profit Margin(%) 23.86 24.27 17.16 20.88 21.68
Cash Profit Margin(%) 22.78 21.26 17.85 21.75 21.11
Adjusted Cash Margin(%) 20.32 20.30 17.85 21.75 21.11
Net Profit Margin(%) 20.12 18.41 16.43 14.58 18.97
Adjusted Net Profit Margin(%) 17.66 17.45 16.43 14.58 18.97
Return On Capital Employed(%) 26.67 23.40 18.17 22.39 22.16
Return On Net Worth(%) 30.78 20.70 18.72 17.89 18.31
Adjusted Return on Net Worth(%) 27.02 19.61 16.85 23.17 17.57
Return on Assets Excluding
17.57 41.52 48.20 55.86 73.55
Revaluations
Return on Assets Including
17.62 41.64 48.32 55.97 73.66
Revaluations
Return on Long Term Funds(%) 27.24 23.45 18.24 26.79 22.16
Liquidity And Solvency Ratios
Current Ratio 2.07 2.65 2.62 1.81 2.17
Quick Ratio 1.33 1.76 1.88 1.93 1.57
Debt Equity Ratio 0.24 0.04 0.15 0.22 --
Long Term Debt Equity Ratio 0.21 0.04 0.15 0.02 --
Debt Coverage Ratios
Interest Cover 57.07 112.84 67.27 35.92 57.08
Total Debt to Owners Fund 0.24 0.04 0.15 0.22 0.00
Financial Charges Coverage Ratio 45.54 79.53 50.81 25.56 52.13
Financial Charges Coverage Ratio
43.80 70.12 47.10 18.78 45.05
Post Tax
Management Efficiency Ratios
Inventory Turnover Ratio 3.16 3.71 3.83 3.79 3.74
Debtors Turnover Ratio 4.07 3.74 3.47 3.24 3.31
Investments Turnover Ratio 3.24 3.74 3.83 3.79 3.74
Fixed Assets Turnover Ratio 3.03 2.75 1.91 1.94 1.94
Total Assets Turnover Ratio 1.22 1.06 0.97 0.99 0.95
Asset Turnover Ratio 2.18 1.98 1.91 1.94 1.94
189.4
Average Raw Material Holding 200.76 181.28 203.30 168.92
9
Average Finished Goods Held 56.03 41.94 37.36 41.54 53.87
155.3
Number of Days In Working Capital 179.98 201.02 196.07 190.01
0
Profit & Loss Account Ratios
Material Cost Composition 52.46 49.26 51.44 48.01 47.94
Imported Composition of Raw
39.28 42.17 44.03 42.63 43.85
Materials Consumed
Selling Distribution Cost Composition 6.29 6.34 6.77 7.17 5.82
Expenses as Composition of Total
52.51 52.36 53.65 56.55 54.54
Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 29.17 27.22 25.92 23.41 17.31
Dividend Payout Ratio Cash Profit 25.77 23.57 21.85 19.58 15.01
Earning Retention Ratio 66.77 71.28 71.20 81.93 81.97
Cash Earning Retention Ratio 71.12 75.31 76.14 84.30 84.44
AdjustedCash Flow Times 0.76 0.17 0.76 0.81 0.00

Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Earnings Per Share 20.26 8.59 9.02 9.99 13.47

Book Value 65.83 41.52 48.20 55.86 73.55

Balance Sheet of Abbott ------------------- in Rs. Cr. -------------------

India
Nov
Nov '07 Nov '08 Nov '09 Dec '10
'06
 12
12 mths 12 mths 12 mths 13 mths
mths

Sources Of Funds
Total Share Capital 15.28 14.47 13.68 13.68 13.68
Equity Share Capital 15.28 14.47 13.68 13.68 13.68
Share Application Money 0.00 0.00 0.00 0.00 0.00
Preference Share Capital 0.00 0.00 0.00 0.00 0.00
230.5
Reserves 216.55 207.57 257.88 291.71
3
Revaluation Reserves 0.00 0.00 0.00 0.00 0.00
245.8
Networth 231.02 221.25 271.56 305.39
1
Secured Loans 0.00 0.00 0.00 0.00 0.00
Unsecured Loans 1.41 1.03 0.76 0.00 0.00
Total Debt 1.41 1.03 0.76 0.00 0.00
247.2
Total Liabilities 232.05 222.01 271.56 305.39
2
Nov
Nov '07 Nov '08 Nov '09 Dec '10
'06

12
12 mths 12 mths 12 mths 13 mths
mths

Application Of Funds
Gross Block 70.59 80.05 98.72 107.10 118.21
Less: Accum. Depreciation 39.96 44.85 50.79 58.31 68.50
Net Block 30.63 35.20 47.93 48.79 49.71
Capital Work in Progress 0.90 1.11 2.70 0.36 0.86
204.7
Investments 149.62 0.00 0.00 0.00
0
Inventories 54.74 86.39 92.12 102.38 128.59
Sundry Debtors 23.52 30.34 32.37 44.40 65.28
Cash and Bank Balance 13.18 17.02 39.76 46.21 35.29
Total Current Assets 91.44 133.75 164.25 192.99 229.16
Loans and Advances 14.15 10.70 13.93 14.23 24.39
Fixed Deposits 0.00 0.00 123.78 129.39 153.22
105.5
Total CA, Loans & Advances 144.45 301.96 336.61 406.77
9
Deffered Credit 0.00 0.00 0.00 0.00 0.00
Current Liabilities 44.37 46.41 87.23 62.94 102.06
Provisions 50.23 51.92 43.35 51.26 49.90
Total CL & Provisions 94.60 98.33 130.58 114.20 151.96
Net Current Assets 10.99 46.12 171.38 222.41 254.81
Miscellaneous Expenses 0.00 0.00 0.00 0.00 0.00
Total Assets 247.2 232.05 222.01 271.56 305.38
 2

Contingent Liabilities 3.20 9.26 3.49 3.68 6.42

160.8
Book Value (Rs) 159.62 161.79 198.58 223.31
7

ey Financial Ratios of ------------------- in Rs. Cr. -------------------

Abbott India

Nov
Nov '07 Nov '08 Nov '09 Dec '10
'06

Investment Valuation Ratios

Face Value 10.00 10.00 10.00 10.00 10.00
Dividend Per Share 17.50 17.50 14.00 17.00 17.00
Operating Profit Per Share (Rs) 46.83 56.40 55.73 71.46 51.11
349.5
Net Operating Profit Per Share (Rs) 430.06 508.45 580.70 757.57
5
146.6
Free Reserves Per Share (Rs) 141.18 145.83 182.63 207.37
0
Bonus in Equity Capital 98.82 98.81 98.69 98.72 98.72
Profitability Ratios
Operating Profit Margin(%) 13.39 13.11 10.96 12.30 6.74
Profit Before Interest And Tax
12.14 11.76 9.65 10.77 5.47
Margin(%)
Gross Profit Margin(%) 16.23 16.22 9.95 11.17 5.66
Cash Profit Margin(%) 11.66 11.47 9.14 10.55 6.85
Adjusted Cash Margin(%) 11.26 11.04 9.14 10.55 6.85
Net Profit Margin(%) 10.86 10.60 8.62 9.46 5.68
Adjusted Net Profit Margin(%) 10.45 10.16 8.62 9.46 5.68
Return On Capital Employed(%) 34.51 42.69 41.04 43.29 30.82
Return On Net Worth(%) 24.41 29.62 27.95 28.68 19.95
Adjusted Return on Net Worth(%) 23.50 28.40 26.49 28.67 20.36
Return on Assets Excluding
17.55 159.62 161.79 198.58 223.31
Revaluations
Return on Assets Including
17.55 159.62 161.79 198.58 223.31
Revaluations
Return on Long Term Funds(%) 34.51 42.69 41.04 43.29 30.82
Liquidity And Solvency Ratios
Current Ratio 1.12 1.47 2.31 2.95 2.68
Quick Ratio 0.52 0.59 1.59 2.03 1.80
Debt Equity Ratio 0.01 -- -- -- --
Long Term Debt Equity Ratio 0.01 -- -- -- --
Debt Coverage Ratios
711.1
Interest Cover 4,953.50 4,556.50 580.53 2,432.26
7
Total Debt to Owners Fund 0.01 0.00 0.00 -- --
748.1
Financial Charges Coverage Ratio 5,236.50 4,905.50 625.04 2,722.97
7
Financial Charges Coverage Ratio 537.9
3,705.50 3,443.00 430.20 1,866.26
Post Tax 2
Management Efficiency Ratios
Inventory Turnover Ratio 10.09 7.47 7.74 7.92 8.18
Debtors Turnover Ratio 24.54 23.11 22.18 20.69 18.89
Investments Turnover Ratio 9.99 7.41 7.74 7.92 8.18
Fixed Assets Turnover Ratio 17.04 18.35 7.04 7.41 8.76
Total Assets Turnover Ratio 2.16 2.68 3.13 2.92 3.39
Asset Turnover Ratio 7.57 7.78 7.04 7.41 8.76
Average Raw Material Holding 45.81 14.34 64.88 23.41 49.25
Average Finished Goods Held 45.43 60.85 55.92 55.75 55.72
Number of Days In Working Capital 7.41 26.68 88.73 100.83 95.92
Profit & Loss Account Ratios
Material Cost Composition 68.12 72.42 65.98 65.07 65.06
Imported Composition of Raw
0.77 -- -- -- 1.19
Materials Consumed
Selling Distribution Cost Composition 9.16 7.40 9.09 9.16 11.09
Expenses as Composition of Total
0.66 0.63 1.05 1.07 1.18
Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 50.82 44.10 36.21 34.91 44.48
Dividend Payout Ratio Cash Profit 47.32 40.73 32.53 31.29 37.55
Earning Retention Ratio 47.23 54.01 61.79 65.08 56.42
Cash Earning Retention Ratio 50.99 57.66 65.86 68.70 63.10
AdjustedCash Flow Times 0.02 0.01 0.01 -- --

Nov
Nov '07 Nov '08 Nov '09 Dec '10
'06

Earnings Per Share 39.26 47.28 45.24 56.96 44.56

160.8
Book Value 159.62 161.79 198.58 223.31
7
Balance Sheet of Sun
Pharmaceutical ------------------- in Rs. Cr. -------------------
Industries
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 94.27 98.07 103.56 103.56 103.56
Equity Share Capital 92.87 96.70 103.56 103.56 103.56
Share Application Money 0.00 0.00 0.00 0.00 0.00
Preference Share Capital 1.40 1.37 0.00 0.00 0.00
1,370.6
Reserves 2,351.42 4,104.06 5,047.86 5,614.42
7
Revaluation Reserves 0.00 0.00 0.00 0.00 0.00
1,464.9
Networth 2,449.49 4,207.62 5,151.42 5,717.98
4
Secured Loans 18.23 20.39 22.88 23.60 29.49
1,727.5
Unsecured Loans 1,047.76 79.64 0.00 0.00
9
1,745.8
Total Debt 1,068.15 102.52 23.60 29.49
2
3,210.7
Total Liabilities 3,517.64 4,310.14 5,175.02 5,747.47
6
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
Gross Block 744.26 838.70 935.03 1,061.90 1,159.76
Less: Accum. Depreciation 208.07 249.41 304.99 362.64 419.24
Net Block 536.19 589.29 630.04 699.26 740.52
Capital Work in Progress 30.80 31.91 33.43 75.95 92.15
Investments 779.62 1,057.49 1,843.57 2,694.59 3,951.69
Inventories 263.41 333.38 389.63 486.74 570.14
Sundry Debtors 256.47 310.00 1,055.44 680.03 553.29
Cash and Bank Balance 11.26 35.69 23.29 20.17 26.11
Total Current Assets 531.14 679.07 1,468.36 1,186.94 1,149.54
Loans and Advances 509.25 345.82 394.13 311.42 383.34
1,219.5
Fixed Deposits 1,166.99 1,049.13 1,245.30 161.16
6
2,259.9
Total CA, Loans & Advances 2,191.88 2,911.62 2,743.66 1,694.04
5
Deffered Credit 0.00 0.00 0.00 0.00 0.00
Current Liabilities 273.30 345.23 845.73 696.34 388.45
Provisions 122.50 7.70 262.79 342.10 342.48
Total CL & Provisions 395.80 352.93 1,108.52 1,038.44 730.93
1,864.1
Net Current Assets 1,838.95 1,803.10 1,705.22 963.11
5
Miscellaneous Expenses 0.00 0.00 0.00 0.00 0.00
3,210.7
Total Assets 3,517.64 4,310.14 5,175.02 5,747.47
6

Contingent Liabilities 39.76 107.62 72.08 85.36 184.22

Book Value (Rs) 78.80 126.58 203.15 248.72 276.08

Key Financial Ratios of

Sun Pharmaceutical ------------------- in Rs. Cr. -------------------
Industries

Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Investment Valuation Ratios

Face Value 5.00 5.00 5.00 5.00 5.00
Dividend Per Share 5.50 6.75 10.50 13.75 13.75
Operating Profit Per Share (Rs) 0.81 -2.83 9.59 3.90 12.14
Net Operating Profit Per Share (Rs) 69.54 85.96 114.36 133.97 89.08
Free Reserves Per Share (Rs) 71.65 119.51 196.16 241.72 269.08
Bonus in Equity Capital 87.01 83.57 78.03 78.03 78.03
Profitability Ratios
Operating Profit Margin(%) 1.16 -3.28 8.38 2.91 13.63
Profit Before Interest And Tax
-1.43 -4.28 4.35 0.54 6.88
Margin(%)
Gross Profit Margin(%) 27.81 26.73 6.01 0.79 9.86
Cash Profit Margin(%) 28.13 28.66 32.31 32.24 37.78
Adjusted Cash Margin(%) 26.28 26.24 32.31 32.24 37.78
Net Profit Margin(%) 25.85 26.69 31.01 31.43 33.99
Adjusted Net Profit Margin(%) 24.00 24.27 31.01 31.43 33.99
Return On Capital Employed(%) 14.53 16.83 24.21 24.57 17.05
Return On Net Worth(%) 31.49 25.68 24.09 24.56 15.71
Adjusted Return on Net Worth(%) 29.25 23.35 23.77 24.05 16.25
Return on Assets Excluding
12.79 126.58 203.15 248.72 276.08
Revaluations
Return on Assets Including
12.79 126.58 203.15 248.72 276.08
Revaluations
Return on Long Term Funds(%) 14.62 16.93 24.34 24.68 17.14
Liquidity And Solvency Ratios
Current Ratio 5.23 5.57 2.52 2.53 2.14
Quick Ratio 5.04 5.25 2.27 2.17 1.52
Debt Equity Ratio 1.19 0.44 0.02 -- 0.01
Long Term Debt Equity Ratio 1.18 0.43 0.02 -- --
Debt Coverage Ratios
Interest Cover 41.57 67.31 206.27 459.14 2,228.18
Total Debt to Owners Fund 1.19 0.44 0.02 0.00 0.01
Financial Charges Coverage Ratio 45.20 72.57 217.36 480.39 2,386.07
Financial Charges Coverage Ratio
45.70 77.73 212.49 479.03 2,201.27
Post Tax
Management Efficiency Ratios
Inventory Turnover Ratio 6.77 7.07 6.79 6.47 3.65
Debtors Turnover Ratio 5.26 5.87 3.47 3.20 2.99
Investments Turnover Ratio 5.53 5.62 6.79 6.47 3.65
Fixed Assets Turnover Ratio 2.67 3.02 2.66 2.73 1.65
Total Assets Turnover Ratio 0.41 0.48 0.56 0.54 0.32
Asset Turnover Ratio 1.85 2.09 2.66 2.73 1.65
Average Raw Material Holding 89.00 89.68 96.56 118.13 142.46
Average Finished Goods Held 17.48 19.08 14.19 13.78 19.00
519.5
Number of Days In Working Capital 398.19 274.06 221.25 187.91
7
Profit & Loss Account Ratios
Material Cost Composition 69.65 73.04 66.05 70.70 47.61
Imported Composition of Raw
42.96 39.26 40.06 41.63 44.38
Materials Consumed
Selling Distribution Cost Composition 9.40 8.60 8.01 8.54 10.67
Expenses as Composition of Total
31.34 28.98 37.79 29.84 46.11
Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 25.29 23.57 25.11 26.33 36.95
Dividend Payout Ratio Cash Profit 23.24 21.96 23.79 25.16 34.30
Earning Retention Ratio 72.76 74.08 74.55 73.11 64.28
Cash Earning Retention Ratio 75.12 76.02 75.90 74.33 66.76
AdjustedCash Flow Times 3.72 1.73 0.10 0.02 0.03

Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Earnings Per Share 24.83 32.52 48.96 61.09 43.39

Book Value 78.80 126.58 203.15 248.72 276.08