Sri Krishna Consulting: Reliance Industry LTD

SRIKRISHNACONSULTING
COMPANY FINALYTICS
RelianceIndustryLtd.
Exclusive Financial Analysis of Indian Companies
PreparedandEditedBy
SRIKRISHNACONSULTING
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correctness.
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Monday,May21,2012
Description
Page
Summary
LatestResult
ValuationMatrix
ROEAnalysis
IncomeStatement
BalanceSheet
CashflowStatement
QuarterlyResult
GrowthAnalysis
ComparativeAnalysis
IncomeStatement
BalanceSheet
8
8
8
IndexAnalysis
9
9
9
IncomeStatement
BalanceSheet
RatioAnalysis
Annual
Quarterly
CONTENT
3
3
3
3
10
10
11
TTMAnalysis
11
TechnicalAnalysis
12
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Page2
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Summary
AtaGlance
LatestResults
Annual
LatestResults
Quarterly
TTM
Industry
Diversified
BusinessGroup
AmbaniGroup
FaceValue
10
Equityshares(inLacs)
32707.69
March'12
Growth
March'12
Growth
March'12
Growth
8858.00
(1.60)
39810.00
(4.56)
(4.59)
20040.00
(5.38)
Price
695.5
(4.59)
20040.00
(5.38)
MarketCap(Rs.InCr)
227502.15
EBDITA
ReportedNet
Profit
38388.00
(5.26)
20040.00
(1.21)
4236.00
AdjustedPAT
18616.00
7.35
4236.00
ValuationMatrix
ShareHolding
Annual
March'12
TTMRatio
March'12
ReportedP/E
11.35
11.35
Price/SalesPerShare
0.69
0.69
Price/BookValue
DividendYield(%)
1.37
0.00
NA
NA
EarningYield(%)
8.81
8.81
Particulars
General
Public
12%
Promoter
45%
Others
15%
FII's
17%
227502.15
MarketCap(Rs.InCr)
MF
3%
BFI
8%
ROEAnalysis
ROE
March'08
March'09
March'10
March'11
March'12
ReportedPAT/PBT
1.13
0.81
0.83
0.83
0.82
AdjustedPAT/PBT
0.79
0.83
0.78
0.80
0.77
PBT/PBIT
0.94
0.91
0.91
0.91
0.90
PBIT/Sales
0.14
0.15
0.11
0.11
0.08
Sales/TotalAssets
0.90
0.61
0.79
0.89
1.13
TotalAssets/NetWorth
1.85
2.04
1.89
1.91
1.79
ReportedROE
25%
14%
12%
14%
12%
AdjustedROE
17%
14%
12%
14%
11%
Particulars
30%
25%
20%
15%
10%
5%
0%
March' March' March' March' March'
08
09
10
11
12
ReportedROE
AdjustedROE
ROEFactors
2.50
30%
2.00
25%
20%
1.50
15%
1.00
10%
0.50
5%
0.00
0%
March'08
ReportedROE
Page3
March'09
ReportedPAT/PBT
March'10
PBT/PBIT
PBIT/Sales
March'11
Sales/TotalAssets
March'12
TotalAssets/NetWorth
IncomeStatement
Particulars(Rs.InCr)
NetSales
March'08
March'09
March'10
March'11
March'12
133805.78
141959.00
192091.87
248136.06
329932.00
OperatingExpenses
MaterialConsumed
100699.30
108856.78
149741.12
194833.16
278865.00
ManufacturingExpenses
2768.03
4518.96
4860.38
5170.51
6651.00
PersonnelExpenses
2119.33
2397.50
2330.82
2621.59
2857.00
SellingExpenses
3229.59
3095.27
4123.77
5353.10
5393.00
AdminstrativeExpenses
2732.47
2203.75
2284.63
2355.25
2372.00
ExpensesCapitalised
(175.46)
(3265.65)
(1217.92)
(30.26)
(37.00)
TotalOperatingExpenses
111373.26
117806.61
162122.80
210303.35
296101.00
OperatingProfit
22432.52
24152.39
29969.07
37832.71
33831.00
772.17
1713.38
2193.13
2687.98
4557.00
23204.69
25865.77
32162.20
40520.69
38388.00
4847.14
0.00
5195.29
0.00
10496.53
0.00
13607.58
0.00
11394.00
0.00
EBIT
18357.55
20670.48
21665.67
26913.11
26994.00
1162.90
1774.47
1999.95
2328.30
2668.00
EBT
17194.65
18896.01
19665.72
24584.81
24326.00
3559.85
3137.34
4324.97
4969.14
5710.00
13634.80
15758.67
15340.75
19615.67
18616.00
5823.49
(449.35)
894.92
670.63
1424.00
OtherIncome
EBDITA
Depreciation
OtherWriteoffs
Interest
IncomeTax
AdjustedPAT
NonRecurringItems
OtherNonCashadjustments
ReportedNetProfit
EquityDividend
PreferenceDividend
DividendTax
RetainedEarnings
48.10
0.00
0.00
0.00
0.00
19506.39
15309.32
16235.67
20286.30
20040.00
1631.24
0.00
277.23
17597.92
1897.05
0.00
322.40
13089.87
2084.67
0.00
346.24
13804.76
2384.99
0.00
386.90
17514.41
0.00
0.00
0.00
20040.00
OperatingIncome
350000.00
300000.00
250000.00
200000.00
150000.00
100000.00
50000.00
0.00
March'March'March'March'March'
08
09
10
11
12
NetSales
OperatingProfit
EBDITA
TotalIncomeBreakup
ProfitLevels
45000.00
Depreciation
40000.00
OtherWriteoffs
Interest
35000.00
IncomeTax
AdjustedPAT
30000.00
25000.00
2% 6%
1%
0%
3%
20000.00
15000.00
10000.00
5000.00
0.00
March'08
March'09
March'10
March'11
March'12
88%
Page4
OperatingProfit
EBDITA
EBT
AdjustedPAT
EBIT
BalanceSheet
March'08
March'09
March'10
March'11
March'12
EquityShareCapital
ShareApplicationMoney
PreferenceShareCapital
Reserves&Surplus
TotalOwnersfund
1453.39
1682.40
0.00
77441.55
80577.34
1573.53
69.25
0.00
112945.44
114588.22
3270.37
0.00
0.00
125095.97
128366.34
3273.37
0.00
0.00
142799.95
146073.32
3271.00
0.00
0.00
159698.00
162969.00
LoanFunds
SecuredLoans
UnsecuredLoans
TotalLoanfund
6600.17
29879.51
36479.68
10697.92
63206.56
73904.48
11670.50
50824.19
62494.69
10571.21
56825.47
67396.68
6969.00
51658.00
58627.00
117057.02
188492.70
190861.03
213470.00
221596.00
SOURCESOFFUNDS
Owner'sFund
Total
CapitalStructure
180000.00
USESOFFUNDS
FixedAssets
GrossBlock
Less:RevaluationReserve
160000.00
104229.10
871.26
Less:Accumulated
Depreciation
149628.70
11784.75
215864.71
8804.27
221251.97
5467.00
209552.00
3127.00
140000.00
120000.00
NetBlock
CapitalWorkinprogress
42345.47
61012.37
23005.84
49285.64
88558.31
69043.83
62604.82
144455.62
12138.82
78545.50
137239.47
12819.56
91770.00
114655.00
4885.00
Investments
20516.11
20268.18
19255.35
33019.27
54008.00
NetCurrentAssets
CurrentAssets,Loans&
Advances
Less:CurrentLiabilities&
Provisions
TotalNetCurrentAssets
Miscellaneousexpensesnot
written
Total
100000.00
80000.00
60000.00
44743.86
56298.09
66595.32
96355.05
118550.00
32221.16
12522.70
45675.71
10622.38
51584.08
15011.24
65963.35
30391.70
70502.00
48048.00
0.00
117057.02
0.00
188492.70
0.00
190861.03
0.00
213470.00
0.00
221596.00
40000.00
20000.00
Note:
BookValueofUnquoted
0.00
08
09
10
11
12
TotalOwnersfund
Investments
MarketValueofQuoted
12746.75
18927.65
15563.83
22377.26
23339.00
Investments
Contingentliabilities
NumberofEquityshares
outstanding(inLacs)
53126.09
37157.61
2930.63
36432.69
8248.22
25531.21
15839.31
41825.13
31439.00
45831.00
14536.49
15737.98
32703.74
32733.74
32710.59
TotalLoanfund
Applicationofcapital
SourcesofCapital
TotalNet
Current
Assets
22%
TotalLoan
fund
26%
NetBlock
52%
TotalOwners
fund
74%
Investments
24%
CapitalWork
inprogress
2%
Page5
CashFlowStatement
ProfitBeforeTax
NetCashFlowOperating
Activity
NetCashUsedInInvesting
Activity
NetCashUsedinFin.Activity
NetInc/DecInCashAnd
Equivlnt
CashAndEquivalntBeginof
Year
CashAndEquivalntEndOf
Year
March'08
March'09
March'10
March'11
March'12
23010.14
18433.23
20547.44
25242.24
25750.00
17426.74
18245.86
20490.22
33280.52
26974.00
(23955.08)
(24084.20)
(18204.50)
(20332.88)
(3046.00)
8973.04
23732.58
(10999.60)
724.57
(11465.00)
2444.70
17894.24
(8713.88)
13672.21
12463.00
1835.35
4282.29
22176.53
13462.65
27135.00
4280.05
22176.53
13462.65
27134.86
39598.00
NetCashFlow
724.57
8973.04 23732.58
33280.52 26974.00
17426.74 18245.86 20490.22
(3046.00)
(23955.08 (24084.20 (18204.50 (20332.88 (11465.00
)
)
)
)
)
(10999.60
)
NetCashFlowOperatingActivity
NetCashUsedInInvestingActivity
NetCashUsedinFin.Activity
QuarterlyResult
September'
11 December'11
March'11
June'11
Netsales
OtherOperatingIncome
72,674.00
0.00
81,018.00
0.00
78,569.00
0.00
85,135.00
0.00
85,182.00
0.00
72,674.00
81,018.00
78,569.00
85,135.00
85,182.00
(726.00)
58,259.00
241.00
0.00
686.00
897.00
64,443.00
573.00
0.00
878.00
(1,607.00)
64,661.00
514.00
0.00
715.00
(1,489.00)
74,190.00
112.00
0.00
672.00
1,327.00
71,519.00
242.00
0.00
597.00
TotalOperatingIncome
Increase/Decreaseofstock
RawMaterialsConsumption
OtherPurchases
PowerandFuel
EmployeesCost
March'12
58,460.00
66,791.00
64,283.00
73,485.00
73,685.00
OperatingProfit
14,214.00
14,227.00
14,286.00
11,650.00
11,497.00
917.00
1,078.00
1,102.00
1,717.00
2,295.00
0.00
4,371.00
4,371.00
0.00
4,301.00
4,301.00
0.00
4,442.00
4,442.00
0.00
4,365.00
4,365.00
0.00
4,934.00
4,934.00
10,760.00
11,004.00
10,946.00
9,002.00
8,858.00
3,387.00
0.00
3,195.00
0.00
2,969.00
0.00
2,570.00
0.00
2,659.00
0.00
7,373.00
7,809.00
7,977.00
6,432.00
6,199.00
696.00
545.00
660.00
694.00
768.00
6,677.00
7,264.00
7,317.00
5,738.00
5,431.00
1,301.00
1,603.00
1,614.00
1,298.00
1,195.00
5,376.00
5,661.00
5,703.00
4,440.00
4,236.00
ExceptionalItem
ExtraOrdinaryItem
PriorYearAdjustment
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
ReportedPAT
5,376.00
5,661.00
5,703.00
4,440.00
4,236.00
OtherIncome
R&DExpenses
OtherExpenses
TotalOtherExpenses
EBITDA
Depreciation
Provisionandcontingencies
EBIT
Interest
EBT
Tax
PAT
Page6
ProfitLevels
March'11 June'11 SeptemberDecemberMarch'12

'11
'11
EBITDA
EBIT
EBT
ReportedPAT
GrowthAnalysis
Particulars(%)
NetSales
Average
Growth
March'09
March'10
March'11
March'12
6.09
35.32
29.18
32.96
29.61
5yearCAGR
19.78
OperatingExpenses
MaterialConsumed
8.10
37.56
30.11
43.13
34.61
22.60
63.26
7.56
6.38
28.63
21.20
19.16
PersonnelExpenses
13.13
(2.78)
12.48
8.98
8.09
6.16
SellingExpenses
(4.16)
33.23
29.81
0.75
15.47
10.80
(19.35)
3.67
3.09
0.71
0.01
(2.79)
(1761.19)
62.71
97.52
(22.27)
(143.23)
(26.75)
5.78
37.62
29.72
40.80
33.34
21.60
OperatingProfit
7.67
24.08
26.24
(10.58)
9.22
8.56
121.89
28.00
22.56
69.53
52.37
42.62
ExpensesCapitalised
OtherIncome
EBDITA
Depreciation
OtherWriteoffs
EBIT
Interest
EBT
IncomeTax
AdjustedPAT
11.47
24.34
25.99
(5.26)
11.71
10.59
7.18
0.00
102.04
0.00
29.64
0.00
(16.27)
0.00
23.51
0.00
18.64
0.00
12.60
4.81
24.22
0.30
9.61
8.02
52.59
12.71
16.42
14.59
18.56
18.07
9.89
4.07
25.01
(1.05)
8.89
7.19
(11.87)
37.85
14.89
14.91
16.81
9.91
15.58
(2.65)
27.87
(5.10)
7.35
6.43
NonRecurringItems
(107.72)
299.16
(25.06)
112.34
86.48
(24.55)
(100.00)
0.00
0.00
0.00
(10.00)
(100.00)
(21.52)
6.05
24.95
(1.21)
6.06
0.54
16.29
0.00
16.29
(25.62)
9.89
0.00
7.39
5.46
14.41
0.00
11.74
26.87
(100.00)
0.00
(100.00)
14.42
(32.07)
0.00
(33.37)
12.36
(100.00)
0.00
(100.00)
2.63
ReportedNetProfit
EquityDividend
PreferenceDividend
DividendTax
RetainedEarnings
GrowthFactors
5YearCAGR
50.00
45.00
40.00
40.00
35.00
30.00
30.00
25.00
20.00
20.00
15.00
10.00
10.00
5.00
0.00
March'09
March'10
March'11
March'12
0.00
(10.00)
NetSales
EBDITA
EBT
AdjustedPAT
Page7
ComparativeAnalysis
IncomeStatement
March'08
March'09
March'10
March'11
March'12
NetSales
100.00
100.00
100.00
100.00
100.00
MaterialConsumed
75.26
76.68
77.95
78.52
84.52
2.07
3.18
2.53
2.08
2.02
PersonnelExpenses
1.58
1.69
1.21
1.06
0.87
SellingExpenses
2.41
2.18
2.15
2.16
1.63
2.04
1.55
1.19
0.95
0.72
ExpensesCapitalised
(0.13)
(2.30)
(0.63)
(0.01)
(0.01)
83.24
82.99
84.40
84.75
89.75
OperatingProfit
16.76
17.01
15.60
15.25
10.25
0.58
1.21
1.14
1.08
1.38
17.34
18.22
16.74
16.33
11.64
3.62
0.00
3.66
0.00
5.46
0.00
5.48
0.00
3.45
0.00
13.72
14.56
11.28
10.85
8.18
0.87
1.25
1.04
0.94
0.81
12.85
13.31
10.24
9.91
7.37
2.66
2.21
2.25
2.00
1.73
10.19
11.10
7.99
7.91
5.64
NonRecurringItems
4.35
(0.32)
0.47
0.27
0.43
0.04
0.00
0.00
0.00
0.00
14.58
10.78
8.45
8.18
6.07
OtherIncome
EBDITA
Depreciation
OtherWriteoffs
EBIT
Interest
EBT
IncomeTax
AdjustedPAT
ReportedNetProfit
ComparativeNetSales
March'08 March'09 March'10 March'11 March'12

OtherIncome
Depreciation
OtherWriteoffs
Interest
BalanceSheet
March'08
March'09
March'10
March'11
March'12
SOURCESOFFUNDS
EquityShareCapital
Reserves&Surplus
TotalOwnersfund
1.24
1.44
0.00
66.16
68.84
0.83
0.04
0.00
59.92
60.79
1.71
0.00
0.00
65.54
67.26
1.53
0.00
0.00
66.89
68.43
1.48
0.00
0.00
72.07
73.54
SecuredLoans
UnsecuredLoans
TotalLoanfund
5.64
25.53
31.16
5.68
33.53
39.21
6.11
26.63
32.74
4.95
26.62
31.57
3.14
23.31
26.46
100.00
100.00
100.00
100.00
100.00
Total
USESOFFUNDS
FixedAssets
GrossBlock
Less:Accumulated
Depreciation
NetBlock
Investments
NetCurrentAssets
Provisions
written
Total
Page8
ComparativeAnalysisSourcesofFund
72.07
23.31
1.48
89.04
0.74
79.38
6.25
113.10
4.61
103.65
2.56
94.56
1.41
36.18
52.12
19.65
26.15
46.98
36.63
32.80
75.69
6.36
36.79
64.29
6.01
41.41
51.74
2.20
17.53
10.75
10.09
15.47
24.37
38.22
29.87
34.89
45.14
53.50
27.53
10.70
24.23
5.64
27.03
7.87
30.90
14.24
31.82
21.68
0.00
100.00
0.00
100.00
0.00
100.00
0.00
100.00
0.00
100.00
0.00
0.00
3.14
IndexAnalysis
IncomeStatement
Particulars
NetSales
March'08
March'09
March'10
March'11
March'12
100.00
106.09
143.56
185.44
246.58
OperatingExpenses
MaterialConsumed
100.00
108.10
148.70
193.48
276.93
100.00
163.26
175.59
186.79
240.28
PersonnelExpenses
100.00
113.13
109.98
123.70
134.81
SellingExpenses
100.00
95.84
127.69
165.75
166.99
100.00
80.65
83.61
86.19
86.81
ExpensesCapitalised
100.00
1861.19
694.13
17.25
21.09
100.00
105.78
145.57
188.83
265.86
OperatingProfit
100.00
107.67
133.60
168.65
150.81
100.00
221.89
284.02
348.11
590.16
100.00
111.47
138.60
174.62
165.43
100.00
0.00
107.18
0.00
216.55
0.00
280.73
0.00
235.07
0.00
100.00
112.60
118.02
146.61
147.05
100.00
152.59
171.98
200.21
229.43
100.00
109.89
114.37
142.98
141.47
100.00
88.13
121.49
139.59
160.40
OtherIncome
EBDITA
Depreciation
OtherWriteoffs
EBIT
Interest
EBT
IncomeTax
AdjustedPAT
100.00
115.58
112.51
143.86
136.53
NonRecurringItems
100.00
(7.72)
15.37
11.52
24.45
100.00
0.00
0.00
0.00
0.00
ReportedNetProfit
100.00
78.48
83.23
104.00
102.74
ProfitIndex
EBIT
EBT
AdjustedPAT
ReportedNetProfit
NetSales
BalanceSheet
Particulars
March'08
March'09
March'10
March'11
March'12
EquityShareCapital
Reserves&Surplus
TotalOwnersfund
100.00
100.00
0.00
100.00
100.00
108.27
4.12
0.00
145.85
142.21
225.02
0.00
0.00
161.54
159.31
225.22
0.00
0.00
184.40
181.28
225.06
0.00
0.00
206.22
202.25
LoanFunds
SecuredLoans
UnsecuredLoans
TotalLoanfund
100.00
100.00
100.00
162.09
211.54
202.59
176.82
170.10
171.31
160.17
190.18
184.75
105.59
172.89
160.71
100.00
161.03
163.05
182.36
189.31
SOURCESOFFUNDS
Total
USESOFFUNDS
FixedAssets
GrossBlock
Less:Accumulated
NetBlock
Investments
NetCurrentAssets
Advances
Provisions
written
Total
Page9
LiabilityIndex
March'
08
100.00
143.56
207.11
212.27
201.05
100.00
100.00
100.00
100.00
1352.61
116.39
145.15
300.11
1010.52
147.84
236.76
52.76
627.48
185.49
224.94
55.72
358.91
216.72
187.92
21.23
100.00
98.79
93.85
160.94
263.25
100.00
125.82
148.84
215.35
264.95
100.00
141.76
160.09
204.72
218.81
100.00
84.82
119.87
242.69
383.69
0.00
100.00
0.00
161.03
0.00
163.05
0.00
182.36
0.00
189.31
March' March'
09
10
TotalOwnersfund
March' March'
11
12
TotalLoanfund
RatioAnalysis
Particulars(Yearly)
March'08
March'09
March'10
March'11
March'12
AdjustedEPS(Rs.)
AdjustedCashEPS(Rs.)
ReportedEPS(Rs.)
ReportedCashEPS(Rs.)
DividendPerShare
93.80
127.14
133.86
167.20
13.00
100.13
133.14
97.28
130.29
13.00
46.91
79.00
49.64
81.74
7.00
59.92
101.50
61.97
103.54
8.00
56.91
91.74
61.26
96.10
0.00
OperatingProfitPerShare
(Rs.)
154.32
153.47
91.64
115.58
103.43
BookValue(ExclRevRes)Per
Share(Rs.)
554.41
728.22
392.51
446.25
498.22
560.40
803.12
419.43
462.95
507.78
920.48
520.59
902.02
704.28
587.37
378.21
758.04
431.95
1008.64
483.90
16.76
13.14
14.45
13.73
17.01
13.35
10.65
14.58
15.60
10.13
8.35
13.29
15.24
9.76
8.08
13.24
10.25
6.80
5.99
8.97
17.28
13.76
11.95
13.42
11.42
24.66
13.36
12.64
13.88
12.29
17.18
11.34
11.71
13.37
12.78
0.35
0.46
0.59
0.64
0.44
0.48
0.37
0.46
0.29
0.35
68.38
1.29
60.77
1.01
67.25
1.24
68.42
1.58
73.54
2.05
1.39
1.01
0.93
10.57
1.23
1.08
0.90
12.92
1.29
1.11
0.76
8.29
1.46
1.22
1.01
9.59
1.68
1.44
1.17
10.42
PERSHARERATIOS
BookValue(InclRevRes)Per
Share(Rs.)
NetOperatingIncomePer
Share(Rs.)
FreeReservesPerShare(Rs.)
PROFITABILITYRATIOS
OperatingMargin(%)
GrossProfitMargin(%)
NetProfitMargin(%)
AdjustedCashMargin(%)
AdjustedReturnOnNet
Worth(%)
ReportedReturnOnNet
Worth(%)
ReturnOnlongTermFunds
(%)
LEVERAGERATIOS
LongTermDebt/Equity
TotalDebt/Equity
Ownersfundas%oftotal
Source
FixedAssetsTurnoverRatio
PerShareRatio
NetOperatingIncomePerShare(Rs.)
AdjustedEPS(Rs.)
AdjustedCashEPS(Rs.)
DividendPerShare
BookValue(InclRevRes)PerShare(Rs.)
ProfitMargin
LIQUIDITYRATIOS
CurrentRatio
CurrentRatio(Inc.STLoans)
QuickRatio
InventoryTurnoverRatio
PAYOUTRATIOS
DividendpayoutRatio(Net
Profit)
DividendpayoutRatio(Cash
Profit)
EarningRetentionRatio
CashEarningsRetentionRatio

9.80
14.49
14.97
13.66
0.00
7.85
86.01
89.68
10.82
85.92
89.41
9.09
84.16
90.60
8.17
85.87
91.66
0.00
100.00
100.00
1.97
3.53
2.42
2.03
1.95
19.95
14.58
16.08
17.40
14.39
21.90
12.56
14.37
15.56
12.78
73.86
76.98
80.00
79.82
84.78
2.41
2.18
2.14
2.15
1.63
56.80
61.22
53.46
56.64
60.15
93.96
95.74
95.39
91.71
91.54
0.69
0.74
0.63
0.55
0.51
33.14
30.61
64.47
64.41
64.46
NetProfitMargin(%)
OperatingMargin(%)
AdjustedReturnOnNetWorth(%)
ReturnOnlongTermFunds(%)
COVERAGERATIOS
AdjustedCashFlowTime
TotalDebt
FinancialChargesCoverage
Ratio
Fin.ChargesCov.Ratio(Post
Tax)
LiquidityRatio
COMPONENTRATIOS
MaterialCostComponent(%
earnings)
SellingCostComponent
ExportsaspercentofTotal
Sales
ImportComp.inRawMat.
Consumed
Longtermassets/Total
Assets
BonusComponentInEquity
Capital(%)
Page10

08
09
10
11
12
CurrentRatio
QuickRatio
RatioAnalysis
Particulars(Quarterly)
March'11
June'11
September'
11 December'11
March'12
QuarterlyProfitMargin
PERSHARERATIOS
OperatingIncomePer
Share(Rs.)
OperatingProfitPer
Share(Rs.)
AdjustedEPS(Rs.)
222.19
247.70
240.22
260.29
260.43
43.46
16.44
43.50
17.31
43.68
17.44
35.62
13.57
35.15
12.95
19.56
14.81
10.15
7.40
17.56
13.58
9.64
6.99
18.18
13.93
10.15
7.26
13.68
10.57
7.56
5.22
13.50
10.40
7.28
4.97
PROFITABILITYRATIOS
OperatingProfitMargin
EBITDAMargin
EBITMargin
PATMargin
March'11
June'11
September' December' March'12

11
11
OperatingProfitMargin
EBITMargin
PATMargin
EBITDAMargin
TTMAnalysis
December'11
%ofSales
March'12
%ofSales
Growth(%)
317396.00
0.00
100.00
0.00
329904.00
0.00
100.00
0.00
317396.00
100.00
329904.00
100.00
3.94
NA
NA
3.94
Increase/Decreaseofstock
RawMaterialsConsumption
OtherPurchases
PowerandFuel
EmployeesCost
(2925.00)
261553.00
1440.00
0.00
2951.00
(0.92)
82.41
0.45
0.00
0.93
(872.00)
274813.00
1441.00
0.00
2862.00
(0.26)
83.30
0.44
0.00
0.87
(70.19)
5.07
0.07
NA
(3.02)
263019.00
82.87
278244.00
84.34
5.79
OperatingProfit
54377.00
17.13
51660.00
15.66
(5.00)
4814.00
1.52
6192.00
1.88
28.62
0.00
17479.00
17479.00
0.00
5.51
5.51
0.00
18042.00
18042.00
0.00
5.47
5.47
NA
3.22
3.22
41712.00
13.14
39810.00
12.07
(4.56)
12121.00
0.00
3.82
0.00
11393.00
0.00
3.45
0.00
(6.01)
NA
29591.00
9.32
28417.00
8.61
(3.97)
2595.00
0.82
2667.00
0.81
2.77
26996.00
8.51
25750.00
7.81
(4.62)
5816.00
1.83
5710.00
1.73
(1.82)
21180.00
6.67
20040.00
6.07
(5.38)
ExceptionalItem
ExtraOrdinaryItem
PriorYearAdjustment
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
NA
NA
NA
ReportedPAT
TTMSPS
TTMEPS
21180.00
970.4
64.76
6.67
20040.00
1008.64
61.27
6.07
(5.38)
3.94
(5.39)
Netsales
OtherOperatingIncome
TotalOperatingIncome
OtherIncome
R&DExpenses
OtherExpenses
TotalOtherExpenses
EBITDA
Depreciation
Provisionandcontingencies
EBIT
Interest
EBT
Tax
PAT
Page11
TTMGrowth(%)
3.94
Total Operating
Operating Profit
Income
(5.00)
EBITDA
(4.56)
EBIT
(3.97)
EBT
PAT
(4.62)
(5.38)
TTMEPS&SPS
December'11
March'12
TechnicalAnalysis
PriceChart
1000
900
800
700
600
500
400
300
200
100
0
10000000
9000000
8000000
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
16Dec
27Feb
TotalTradedQuantity
9May
ClosePrice
EMA(200)
EMA(50)
40.00
20.00
0.00
20.00
40.00
MACD
Signalline
100
80
60
40
20
0
RSI(14)
TechnicalIndicators
Page12
Price
695.50
ASOn:
EMA(13)
711.10
ADX
16
EMA(26)
734.09
DX
20
EMA(50)
756.10
+DI
14
EMA(200)
850.88
DI
RSI(14)
17.96
MACD
William(%R)
21/05/2012
21
%K(Fast)
28.76
22.99
%K(Slow)
19.97
71.24
%d(Slow)
11.64
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Exclusive Financial Analysis of Indian Companies

March'11 June'11 SeptemberDecemberMarch'12

March'08 March'09 March'10 March'11 March'12

March'08 March'09 March'10 March'11 March'12

March'08 March'09 March'10 March'11 March'12

March'08 March'09 March'10 March'11 March'12

March' March' March' March' March'

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