Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07

Per share ratios

Adjusted EPS (Rs) 2.97 Adjusted cash EPS (Rs) 2.97 Reported EPS (Rs) 2.95 Reported cash EPS (Rs) 2.95 Dividend per share 1.40 Operating profit per share (Rs) 2.98 Net operating income per share (Rs) 3.43 2.87 2.87 2.96 2.96 1.20 3.28 3.57 91.97 91.97 67.27 65.30 0.12 0.12 3.23 7.37 7.37 5.52 0.47 42.00 42.00 56.73 56.74 3.19 3.19 3.19 3.19 0.80 3.65 3.92 92.99 92.99 62.72 62.73 6.05 6.05 6.09 6.09 4.00 8.96 11.30 79.27 79.27 48.60 48.30 2.26 2.26 0.37 0.37 3.36 4.23 79.38 79.38 8.66 52.43

Profitability ratios
Operating margin (%) Gross profit margin (%) Net profit margin (%) Adjusted cash margin (%) 86.79 86.78 66.24 66.59 2.94 4.75 4.75 4.74 55.10 55.09 45.18 45.19

Leverage ratios
Long term debt / Equity Total debt/equity Fixed assets turnover ratio 6,814.10 5,889.21 11.42 11.42 10.57 1.70 26.19 26.19 73.81 73.81 12.91 12.91 12.83 19.69 65.71 65.70 33.89 33.89 31.84 31.84 31.82 100.00 100.00

Liquidity ratios
Current ratio Current ratio (inc. st loans) Quick ratio Inventory turnover ratio

Payout ratios
Dividend payout ratio (net profit) Dividend payout ratio (cash profit) Earning retention ratio Cash earnings retention ratio

Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07

Per share ratios

Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Adjusted EPS (Rs) 2.97 2.87 3.19 6.05 2.26 Adjusted cash EPS (Rs) 2.97 2.87 3.19 6.05 2.26 Reported EPS (Rs) 2.95 2.96 3.19 6.09 0.37 Reported cash EPS (Rs) 2.95 2.96 3.19 6.09 0.37 Dividend per share 1.40 1.20 0.80 4.00 Operating profit per share (Rs) 2.98 3.28 3.65 8.96 3.36 Net operating income per share (Rs) 3.43 3.57 3.92 11.30 4.23

Net operating income per Per share ratios share (Rs), Mar ' 08, 11.3 Adjusted EPS (Rs) Operating profit per share (Rs), Mar ' 08, Adjusted cash EPS (Rs) 8.96 Reported EPS (Rs) Reported cash EPS (Rs), Mar ' 08, 6.09 Reported cash EPS (Rs) Net operating Operating profit per income per share Reported cash EPS share (Rs), Mar ' 11, (Rs), Mar ' 11, 3.43 (Rs), Mar ' 11, 2.95 2.98 Net operating Operating profit per income per share share (Rs), Mar ' 10, Reported 10, EPS (Rs), Mar 'cash3.57 3.28 (Rs), Mar ' 10, 2.96 Net operating Net operating income per Operating profit per Dividend per share, Dividend per share share Operating profit per income per share Mar ' 08, 4 ' 07, 4.23 (Rs), Mar share (Rs), Mar ' 09, Reported 09, EPS share (Rs), Mar ' 07, (Rs), Mar 'cash3.92 3.65 (Rs), Mar ' 09, 3.19 Operating profit per share 3.36 (Rs)

Dividend per share, Dividend per share, Net operating income per Mar ' 11, 1.4 Dividend per share, Mar ' 10, 1.2 share (Rs) Reported cash EPS Mar ' 09, 0.8 Dividend per share, (Rs), Mar ' 07, 0.37 Mar ' 07, 0

Profitability ratios

Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Operating margin (%) 86.79 91.97 92.99 79.27 79.38 Gross profit margin (%) 86.78 91.97 92.99 79.27 79.38 Net profit margin (%) 66.24 67.27 62.72 48.60 8.66 Adjusted cash margin (%) 66.59 65.30 62.73 48.30 52.43

Adjusted cash Adjusted cash Adjusted cash margin (%), Mar ' margin (%), Mar ' margin (%), Mar ' 10, 65.3 09, 62.73 11, 66.59 Adjusted cash Net profit margin Net profit margin Net profit margin margin (%), Mar ' (%), Mar ' 10, (%), Mar ' 09, Adjusted cash (%), Mar ' 11, 08, 67.27 62.72 Adjusted cash 48.3 (%) ' margin 66.24 Netmargin (%), Mar profit margin Gross profit Gross profit 07, (%) Mar ' 08, 48.6 Gross profit Net (%),margin 52.43 margin (%), Mar ' margin (%), Mar 'profitNetGross profit Gross profit profit margin margin (%), Mar ' 09, 92.99Gross margin (%),(%), Mar ' 10, 91.97 profit margin 07, '8.66 margin ' (%) (%), Mar Mar 11, 86.78 07, 79.38 08, 79.27 Operating margin (%) Operating margin Operating margin Operating margin Operating margin (%), Mar ' 09, Operating margin (%), Mar ' 10, (%), Mar ' 11, (%),(%), Mar ' 07, Mar ' 08, 92.99 91.97 86.79 79.38 79.27

Mar 11 Long term debt / Equity Total debt/equity Fixed assets turnover 2.94 ratio

Leverage ratios

' Mar 10 0.12 0.12 3.23

' Mar 09 -

' Mar 08 -

'

Mar ' 07 -

6,814.10 5,889.21 -

Fixed assets Fixed assets Fixed assets Fixed assets turnover ratio, turnover ratio, turnover ratio, turnover ratio, Mar ' 09, Mar ' 08, Mar ' 11, 2.94 Mar ' 10, 3.23 6,814.10 5,889.21 Fixed assets turnover ratio Total debt/equity Long term debt / Equity Total Long term debt Long term debt Long term debt Long termassets Total Total Long term debt TotalTotal Fixed debt debt/equity, ' debt/equity, ' Mar ' 10, 0.12 debt/equity, ' debt/equity,ratio, / Equity, Mar / Equity, Mar / Equity, Mar / Equity, Mar ' ' / Equity, Mar turnover debt/equity, 10, 0.12 Mar 11, 00 ' 11, Mar 09, 00 ' 09, MarMar 0007, 0 08, ' 07, 0 'Mar '0 08, 07,

Liquidity ratios

Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Current ratio 4.75 7.37 11.42 12.91 31.84 Current ratio (inc. st loans) 4.75 7.37 11.42 12.91 31.84 Quick ratio 4.74 5.52 10.57 12.83 31.82 Inventory turnover ratio 0.47 1.70 19.69 -

Inventory Quick ratio, turnover ratio, Mar ' 07, 31.82 Mar ' 07, 0 Inventory turnover ratio Quick ratio Current ratio Inventory (inc. st loans), turnover ratio, Mar ' (inc. st Current ratio07, 31.84 Mar ' 08, 19.69 loans) Quick Inventory Current ratioratio, Quick ratio, turnover ratio, Mar ' 08, 12.83 Current ratio, Mar ' 09, ratio Current ratio Current 10.57 Mar ' 07, 31.84 Mar ' 09, 1.7 (inc. st loans), (inc. st loans), Mar ' 08, 12.91 Mar ' 09, ratio, Current ratio, Current 11.42 Mar ' 09, 11.42 Mar ' 08, 12.91

Inventory Quick ratio, Current ratio, turnoverratio Mar 11, 4.74 (inc. 'st'loans), Current11, 0 Mar ratio, Mar 11, 4.75 Mar '' 11, 4.75

Inventory Quick ratio, Current ratio, turnoverratio Mar 10, 5.52 (inc. 'st loans), Mar ' 10, 0.47 Current ratio, Mar ' 10, 7.37 Mar ' 10, 7.37

Payout ratios

Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Dividend payout ratio (net profit) 55.10 42.00 26.19 65.71 Dividend payout ratio (cash profit) 55.09 42.00 26.19 65.70 Earning retention ratio 45.18 56.73 73.81 33.89 100.00 Cash earnings retention ratio 45.19 56.74 73.81 33.89 100.00

Cash earnings retention ratio, Mar ' 11, 45.19

Cash earnings earnings Cash earnings Cash earnings Cash retention ratio, ratio, retention ratio, retention ratio, retention earnings Mar ' retention Mar ' 10, 56.74 Mar ' 09, 73.81 CashMar ' 08, 33.89 07, 100 ratio Earning retention ratio, Mar ' 08, Earning retention ratio 33.89 Dividend payout ratio (cash profit), Dividend payout DividendMar ' 08,ratio payout 65.7 ratio (cash profit), Dividend payout (cash profit) Mar ' 11, 55.09 ratio (cash profit), Dividend payout Dividend payout ratio (net Dividend payout Dividend payout ratio (net profit), Mar ' 10, 42 profit) ratio (net profit), Dividend payout ratio (cash profit), Mar ' 08, 65.71 ratio (net profit), Dividend payout Mar ' 11, 55.1 Mar ' 09, 26.19 Dividend payout Dividend payout ratio (net profit), Mar ' 10, 42 ratio (cash profit), ratio (net Mar ' 09, 26.19 Mar ''07, 0 Mar 07, 0