Cost of Debt 2018-19 2017-18

Total Debt (Rs.in crores) 70,848 55897.32

Interest expense (Rs.in
crores) 5,021 3987.09

Interest (% of debt) 7.09% 0.07

Tax 26% 25%
Kd (Cost of Debt) 5.21% 5.36%

Values (Rs. In
WACC crores) Weights
Equity 39,983 0.36
Debt 70,848 0.64
WACC
110,832

Beta 2017-18
BSE-Sensex 1.2916
NSE-Nifty 1.2999

Particulars 2015-16 2016-17

Equity 26,493 29,738
Debt 41,553 48,762
Total 68,046 78,500
Equity % 39% 38%
Debt % 61% 62%
Net Profit (PAT) 3,205 3,643
ROE 12.10% 12.25%
 Cost of Equity 2018-19
Rf 7.40%

β (BSE-Sensex) 1.2916

25% Risk premium (Rm-Rf) 4.60%

Rm 12.00%
5.36% Ke (Cost of Equity) 13.34

Cost
13.34%
5.21%
8.09 %

Rs. In crores
2017-18 2018-19
36,775 39,983
55,898 70,848
92,673 110,832
40% 36%
60% 64%
4,356 4,796
11.84% 12.00%
2017-18
7.38%

1.2999

3.92%
11.30%
12.443072