Aditya Birla Retail Ltd.

Ratio Analysis

The Group's foray into the retail sector began in December 2006 when it acquired Trinethra, the chain of stores based in south India. May 2007 saw Aditya Birla Retail Limited (ABRL) launch their own brand of stores called 'More.' ABRL's vision is "to consistently provide the Indian consumer complete and differentiated shopping experiences and be amongst India's top retailers while delivering superior returns to all stakeholders".

Liquidity Ratios: for meeting short term obligations Current Ratio: 1.36 Current ratio has been improving year on year(yoy)

Quick Ratio:0.99 It is satisfactory

Solvency Ratios: It shows the long term financial solvency and measure firms ability to pay the interest regularly Debt equity ratio: 1.97 It is satisfactory for retail company Intrest cover Ratio:2.47 This shows firms better ability to pay interest Activity Ratios :It measures firms ability to use available resourses Fixed asset turnover ratio:2.77 times Current asset turnover ratio:0.47 times Working Capital Turnover ratio:10.39 times

 Capital Turnover Ratio:2.77 times

Profitabily Ratios: These ratios measure managements overall effectiveness as shown by returns generated on sales and investment ROTA: 39.86% ROCE/ROI: -28.39% It is negative as firm is making losses EPS: Rs.-44.18 DPS:Rs.0.00 Dividend Payout Ratio:0.00

Operating Cycle=Inv. Holding Days + Rec. Days=35.47 + 4=39.47 Days Cash cycle=Op.cycle-Payable days=39.47-23.70=15.77 Days