Sales Figures 2010

Sales of Hero
4600130

Industry Total sales 9936924

Calculation of WC

Mar 16 
Total Current Assets 28,377.60
Total Current Liabilities 40,858.70
WC -12,481.10
WC for Chittor plant -2,139.62
change in WC -741.00

393.70 22.158.70 1200000 -1.60 7500000 -8.7 27% 16% 2% 8% 10% 6% Mar 15  Mar-14 30.38 1800000 10500000 .823.982.183.823.398.62 -3.30 41. 2011 2012 2013 2014 2015 2016 5402444 6235205 6073581 6245960 6631703 7315868.569.60 -18.90 38.7 17% 15% -3% 3% 6% 10% 12602187 14598319 14961494 16160444 17696828 18758637.

6 11363917.3 21677481.7 26801691.2 25284614.7 23411680.5 28409793 7% 8% 8% 8% 6% 6% .9 10720676.2 7% 11% 8% 8% 6% 6% 20071742. 2017 2018 2019 2020 2021 2022 7827979.5 8670992.68 9364672.1 10113845.

1 35866709.6 31921243.1 38018711.4 33836518.2 14346683.2 12768497.4 13534607. 2023 2024 2025 2026 2027 12045752.687 6% 6% 6% 6% 6% .675 6% 6% 6% 6% 6% 30114380.7 15207484.

38853 42717824.5 6% 6% 6% 5% 5% .78 18112357.56758 19017975.4 19968874.6 49922185.45 5280893.2 6% 6% 6% 5% 5% 40299834.75541 17087129. 2028 2029 2030 2031 2032 16119933.918949 47544938.

8 23116468 24041126.7 5% 5% 5% 4% 4% 4% .8 55039209.6 57791170 60102816.9 22015683. 2033 2034 2035 2036 2037 2038 20967317.7 5% 5% 5% 4% 4% 4% 52418294.8 62506929.8 26002882.7 25002771.5 65007206.

6 76049237.2 79091206.7 32901942 4% 4% 4% 4% 4% 4% 67607495 70311794.8 73124266.7 82254855 4% 4% 4% 4% 4% 4% .9 31636482. 2039 2040 2041 2042 2043 2044 27042998 28124717.6 30419694.9 29249706.

2 4% 4% 4% 4% .1 92525525.7 35586740.5 37010210.2 96226546. 2045 2046 2047 2048 34218019.5 4% 4% 4% 4% 85545049.2 88966851.1 38490618.

854037 626.86217 5276.00 Capital Expenditure 8000 4000 0 FCFF -8000 -1.064012 Retained earning 528.4487 21105.13509 1566.45 0.54 Price/Vehicle 47898.43109 2638.20 2.77335 Dividend 793.421.9812 Gross profit 4310.24765 Operating profit 2155.76442 2238. 2018 2019 Capacity Utilisation 25% 30.3109 26382.4953 SG&A @ 10% of sales 2155.77 Initial Investment 16000 Wacc 12% NPV ₹ 13.709341 Change in Working Capital -741.666667 400 EBIT 1888.00 -741.281056 940.0% Sales from AP Plant (Mn Vehicles) 0.670.24765 Depriciation 266.4686 48856.75 IRR 22% .4379 Sales (Millions) 21554.4765 COGS @ 80% of sales 17243.43109 2638.707.24765 Tax@30% 566.474294 NOPAT/PAT 1322.629326 671.

3412 7176.7796 53941.58976 4724.0% 50.1141 66024.53 49833.856.627.79652 1338.8359 1889.5285 16506.08061 7615.666667 866.44 1.566687 50830.40504045 1172.168015 45747.4552 35880.666667 1133.41394 6748.82418 2024.00 -741.39 -1.4265 28704.27791 892.238 51846.668.72 0. 2020 2021 2022 2023 2024 40.00 -741.8061 76152.26427 8253.13 .1612 15230.57928 2135.17 1.666667 866.04265 400 666.60733 1993.5976 7119.32 858.6427 82530.70 5.44284 12132.41643 1559.00 -741.0853 3588.7714 48528.0% 65.134412 36597.51861 -741.41099 2990.2142 60660.25533 1455.01832 4983.383 2183.6448 60922.04265 3588.0% 80.0% 0.72142 6066.9 1.64470442 1094.9128 2231.00 -741.0% 85.0168015 4574.05476 5199.26 -1.75385 2834.0168015 4574.70932 956.9670566 1641.08061 7615.00 8000 6000 0 8000 6000 -4.611761 2735.033603 9149.0168015 3908.33333 3188.72142 6066.247.26427 8253.63833 3639.8428 52883.

4143 74187.75292 5558.505.98582 2327.7172 3492.701 19296.01485 2437.30117 2223.8803 71306.00 0 0 0 0 0 0 7.28591 5955.62 1.33333 1333.632.04949 8125.0% 1.00 -741.1036 18546.9761 8913.40825 2552.2748 98409.00 -741.21386 2275.33333 1333.5048 96480.69415 8507.58015 3258.2885 72732.00 -741.69 57243.62 1.95273 7758.33333 1333.8606 90915.37 7.8038 77184.02748 9840.9043 17826.45175 3334.0% 90.46554 2382.62 55020.38676 2172.00 -741.33333 7579.98803 8913.7252 60746.17154 3573.762.28606 9091.69 .2843 56120.09 7.29641 5305.1038 58387.0% 90.85048 9648.7656 18917.96691 5430.38282 9458.98803 1333.20 7.0626 75670.894.0% 90.82078 3412.85048 9648.029.55178 9273.380.62 8.33333 1333.0% 90.862 5820.62 1.1448 2328.21497 2122.51714 8314.8397 89132.38282 9458.00 -741.8282 94588.35829 3183.2199 78727.6547 2273.33333 1333. 2025 2026 2027 2028 2029 2030 90.5721 18183.9659 59555.11436 2382.5178 92733.02748 9840.055 19681.03464 5687.0% 90.55178 9273.14332 -741.62 1.30 7.65514 2494.62 1.21845 7940.28606 9091.

67 8.0% 90.0019 9318.2019 10865.87927 3740.1018 10037.4919 22165.167.564 10443.33333 1333.6156 20477.078 102385.246 11082.6705 21304.33333 1333.80053 2609.00 -741.56919 2733.3352 10652.91264 9749.3352 10652.64 104433.597.1279 20886.79 .92481 4003.00057 2795.45229 3655.54 8.67138 2437.33333 1333.0% 90.62 61961.33333 1333.00 -741.0% 90.33 8.62 1.66143 6377.62 1.23062 9110.0% 90.20802 6672.0% 90.78092 -741.7765 63201.33333 8704.808 100378.307.564 10443.28321 2668.746.19686 3826.352 106522.00 -741. 2031 2032 2033 2034 2035 2036 90.00 -741.99 8.62 1.4624 81908.47 8.66058 2859.00133 6523.40331 4094.8686 9531.93554 2729.5509 1333.3329 67069.25285 2493.00 0 0 0 0 0 0 8.46 110825.246 11082.6818 85217.47446 8905.5116 83546.46457 2550.21756 2611.4196 68410.4071 20075.0% 1.00 -741.4039 21730.509 80302.2008 3913.13212 6233.33885 6824.6155 86921.8078 10238.76527 6093.8078 10238.019 108652.33333 1333.2019 10865.898.451.62 1.5509 10037.0323 65754.57379 2924.012 64465.34234 2671.9678 88660.62 1.

2876 94087.00 -741.33333 1333.00 -741.26057 3059.0241 71174.0587 75531.62 1. 2037 2038 2039 2040 2041 2042 90.5583 10662.62 69779.4038 23060.019 115302.8432 2855.1095 12236.22 9.538.62 1.5047 11304.33333 1333.91598 2791.608 7137.0634 24961.373.7762 10902.9526 10427.62 1.19329 4187.7523 1333.7833 23992.2257 6979.706.0% 90.29083 7463.0967 74050.80951 3344.0% 90.0% 90.1333 95968.8917 11996.94332 7631.0317 12480.8917 11996.00 0 0 0 0 0 0 9.317 124807.00 -741.681 113042.2859 11760.523 90433.7201 4379.00 -741.212.0% 90.75554 3121.6984 11147.877.20 9.095 122360.62 1.6046 72598.94 9.2859 11760.00 -741.0% 90.0317 12480.859 117608.33333 1333.62 9.053.33333 1333.0186 22608.28 9.7523 11304.876 97888.6153 92242.2675 3198.0598 77041.71633 2985.14673 2919.1095 12236.86683 7299.13331 4681.62 1.419 2991.2535 99846.5719 23521.83285 3270.36599 4579.219 24472.2019 11530.0% 1.33333 1333.2019 11530.53 .86858 10196.5745 4478.7648 4282.27732 -741.57733 3052.08578 3128.917 119961.33333 9970.88885 7803.

92383 8156.62 78582.2344 12446.48 10.052.6742 13509.939 103879.6742 13509.7591 12730.00 0 0 0 0 0 10.677 137797.33333 1333.01843 5227.9747 13244.00 -741.3409 12176.6414 11911.0% 90.034 11651.33333 1333.17545 3409.70 10.7591 1333.49242 3573.34562 3484.0% 90.11021 3495.45959 3335.0% 90.498 4786.14897 8337.92772 7977.76317 5114.2411 127303.62 1.36406 8712.1354 27559.072 25460.62 1.591 101842.40226 3652.674 129849.9747 13244.9992 -741.87031 3733.5677 13779.2482 83392.5677 13779.3674 12984.786.93862 8523.62 1. 2043 2044 2045 2046 2047 90.26 10.68938 5002.33333 1333.62 1.798 105957.412.4257 3419.3484 27019.742 135095.394 108076.33333 1333.3674 12984.7347 25969.542 110238.5146 80154.1649 81757.3932 85060.597.747 132446.00 -741.0% 90.9494 26489.00 -741.16953 3262.27 10.0% 1.7543 4893.33333 11397.230.5181 12730.4988 3191.83 .00 -741.