Ticker

RIL IS Equity
MSIL IS Equity
ITC IS Equity
ACC IS Equity
HMCL IS Equity
BRIT IS Equity

Assumptions
Stocks and BenchMark Index 1 year return is calculated
NSE 200 ( Trailing 3 Months)
PRICE : (Capped at)
Total Liabilities
Weighing Factor
Market Cap of Nifty 200
Unit Multiple
Name Weight Shares Price
Reliance Industries Ltd -- -- 1,172.15
Maruti Suzuki India Ltd -- -- 9,180.05
ITC Ltd -- -- 299.40
ACC Ltd -- -- 1,539.00
Hero MotoCorp Ltd -- -- 3,268.40
Britannia Industries Ltd -- -- 6,445.60

10.35%
1035
Same as the Financial Year i.e. for Sept'17 and Dec'17 Liabilities of FY17 and for Mar'18 and June'18 Liabilities of FY18
0.5333 for Q,0.2666 for Q-1,0.1333 for Q-2, 0.0666 for Q-3
121,165,856,600,000.00
10,000,000.00
 Tot Intang Ast LF Tot Assets LF Net Assets LF Total Return YTD

1,086,560,010,240.00 8,163,479,781,376.00 2,970,449,870,848.00 43.80%

3,116,999,936.00 602,483,982,336.00 425,754,984,448.00 17.99%
6,690,100,224.00 642,888,630,272.00 528,445,800,448.00 5.06%
556,000,000.00 148,457,406,464.00 93,587,300,352.00 -13.07%
3,060,300,032.00 173,967,294,464.00 120,646,696,960.00 -13.72%
1,361,699,968.00 51,879,198,720.00 34,193,700,864.00 67.02%

18 Liabilities of FY18
C&CE LF
Market Cap Q-3 Market Cap Q-2 Market Cap Q-1
42,550,001,664.00 5,367,829,556,806.84 5,974,933,210,769.57 5,967,794,574,594.47
728,000,000.00 2,497,040,752,726.41 2,919,080,496,129.08 2,781,574,676,857.38
27,411,499,008.00 3,205,796,194,274.20 3,143,966,493,679.01 3,188,897,369,598.31
26,812,100,608.00 320,294,748,758.32 312,686,714,184.89 286,909,998,634.69
1,306,099,968.00 751,683,673,967.90 718,736,423,034.99 710,617,444,214.33
1,825,200,000.00 531,627,207,732.40 571,627,881,096.75 622,681,751,258.67
Market Cap Total Liab Q-3 Total Liab Q -1
Total Liab Q-2
6,578,444,123,667.17 2,584,330,000,000.00 2,584,330,000,000.00 3,028,780,000,000.00
2,818,940,871,727.57 148,190,000,000.00 148,190,000,000.00 176,728,997,888.00
3,365,113,287,845.99 88,740,000,000.00 88,740,000,000.00 114,442,797,056.00
260,685,726,649.87 47,750,000,000.00 47,750,000,000.00 54,870,102,016.00
677,513,847,071.03 45,289,700,000.00 45,289,700,000.00 53,320,601,600.00
751,492,130,458.18 11,141,600,000.00 11,141,600,000.00 13,920,200,000.00
Total Liab Q NI / Profit:Q-3 NI / Profit:Q-2 NI / Profit:Q

3,028,780,000,000.00 81,090,002,944.00 94,230,003,712.00 94,350,000,128.00

176,728,997,888.00 24,843,000,000.00 17,990,000,000.00 18,821,000,000.00
114,442,797,056.00 26,398,400,000.00 30,902,000,000.00 29,327,100,000.00
54,870,102,016.00 1,815,100,032.00 2,056,600,064.00 2,503,600,128.00
53,320,601,600.00 10,104,900,000.00 8,054,300,000.00 9,674,000,000.00
13,920,200,000.00 2,159,800,064.00 2,610,500,096.00 2,636,000,000.00
NI / Profit:Q-1
MTA Q-3 MTA Q-2 MTA Q-1
94,590,001,152.00 7,952,159,556,806.84 8,559,263,210,769.57 8,996,574,574,594.47
19,753,000,000.00 2,645,230,752,726.41 3,067,270,496,129.08 2,958,303,674,745.38
28,186,800,000.00 3,294,536,194,274.20 3,232,706,493,679.01 3,303,340,166,654.31
3,286,899,968.00 368,044,748,758.32 360,436,714,184.89 341,780,100,650.69
9,091,700,000.00 796,973,373,967.90 764,026,123,034.99 763,938,045,814.33
2,636,000,000.00 542,768,807,732.40 582,769,481,096.75 636,601,951,258.67
MTA Q Book Value NIMTA Q-3 NIMTA Q-2 NIMTA Q-1
9,607,224,123,667.16 4,048,139,771,136.00 0.01019723 0.011009125597801 0.01048732
2,995,669,869,615.57 422,637,984,512.00 0.00939162 0.005865149494544 0.00636209
3,479,556,084,901.99 521,755,732,992.00 0.00801278 0.009559172804714 0.00887801
315,555,828,665.87 93,031,304,448.00 0.00493174 0.005705856210156 0.00732518
730,834,448,671.03 117,586,392,832.00 0.01267909 0.010541917032896 0.01266333
765,412,330,458.18 36,597,298,752.00 0.00397923 0.004479472897392 0.00414074
NIMTA NIMTAAVG TLMTA CASHMTA EXRETAVG
0.009846 0.010426900935599 0.32 0.00 2.0140131141638500%
0.006594 0.007859416706332 0.06 0.00 0.3282941875243270%
0.008101 0.008544637170299 0.03 0.01 0.4703547423603190%
0.010416 0.005821443510311 0.17 0.08 -0.3827246951627670%
0.01244 0.012088772543826 0.07 0.00 -1.4396151833001000%
0.003444 0.004097672419927 0.02 0.00 1.5607519217527700%
SIGMA RSIZE MB Price LPFD Probability of Default
5.94% 0.05 2.23 3.01 -9.00270661 0.0123%
5.12% 0.02 4.52 3.01 -9.02382625 0.0120%
5.58% 0.03 4.32 2.48 -9.07922345 0.0114%
9.26% 0.00 2.87 3.01 -9.01362555 0.0122%
5.57% 0.01 4.21 3.01 -8.98327748 0.0125%
4.41% 0.01 7.08 3.01 -8.91535365 0.0134%
 Monthly Return (Trailing 12 months)
Reliance Maruti Hero Britannia
Month Factor Industries Suzuki ITC Ltd ACC Ltd MotoCorp Industries
Ltd India Ltd Ltd Ltd
07/31/18 0.220053 21.96% 7.87% 11.83% 14.17% -5.15% 5.29%
06/30/18 0.174656 5.55% 3.38% -2.01% -1.09% -2.01% 4.89%
05/31/18 0.138625 -4.35% -3.15% -3.48% -14.65% -5.02% 7.45%
04/30/18 0.110026 9.13% -0.52% 10.16% 5.28% 5.35% 10.92%
03/31/18 0.087328 -7.53% 0.11% -3.60% -7.12% -1.50% -0.47%
02/28/18 0.069312 -0.70% -6.93% -2.34% -5.38% -2.57% 6.62%
01/31/18 0.055013 4.37% -2.26% 3.10% -2.45% -2.48% -0.53%
12/31/17 0.043664 -0.05% 13.15% 2.81% 5.43% 4.17% -2.21%
11/30/17 0.034656 -2.05% 4.72% -3.63% -7.83% -5.62% 3.80%
10/31/17 0.027507 20.48% 2.92% 2.86% 9.21% 2.00% 6.80%
09/30/17 0.021832 -2.05% 3.61% -8.49% -7.96% -5.52% 2.68%
08/31/17 0.017328 -1.28% -0.64% -1.05% 3.87% 9.28% 7.89%

XRETAVG (Weighted) 6.16% 2.12% 2.45% 0.46% -1.95% 5.06%

Nifty 200

5.59%
-1.03%
-1.53%
6.60%
-3.51%
-4.68%
2.84%
3.47%
-0.36%
6.14%
-1.21%
-1.22%

1.35%
Date RIL IS Equity MSIL IS Equity ITC IS Equity ACC IS Equity
5/3/2018 955.71 8,755.95 279.66 1,505.15
5/4/2018 948.10 8,678.20 271.96 1,495.32
5/7/2018 965.05 8,743.70 276.96 1,491.16
5/8/2018 961.17 8,775.20 277.40 1,486.41
5/9/2018 970.71 8,718.35 277.01 1,477.60
5/10/2018 975.14 8,704.95 274.90 1,462.14
5/11/2018 983.19 8,750.30 278.34 1,435.42
5/14/2018 980.55 8,707.00 279.46 1,420.39
5/15/2018 972.95 8,726.60 276.57 1,381.68
5/16/2018 950.29 8,695.60 280.49 1,380.85
5/17/2018 939.56 8,697.50 273.72 1,385.50
5/18/2018 928.13 8,510.95 277.01 1,374.35
5/21/2018 925.64 8,428.50 277.06 1,344.10
5/22/2018 921.07 8,560.65 273.53 1,325.30
5/23/2018 906.66 8,497.40 268.33 1,313.75
5/24/2018 910.24 8,410.75 269.70 1,332.80
5/25/2018 915.16 8,548.15 272.30 1,322.85
5/28/2018 914.76 8,709.30 275.30 1,322.50
5/29/2018 911.83 8,714.90 274.05 1,310.00
5/30/2018 910.49 8,588.20 271.90 1,309.40
5/31/2018 915.70 8,537.20 271.65 1,354.60
6/1/2018 924.85 8,808.85 269.95 1,326.70
6/4/2018 935.08 8,749.85 268.90 1,308.05
6/5/2018 941.84 8,810.40 267.50 1,285.05
6/6/2018 948.55 8,842.35 270.40 1,315.95
6/7/2018 965.40 8,911.25 271.05 1,316.45
6/8/2018 978.32 8,932.45 267.90 1,315.10
6/11/2018 976.63 9,022.65 269.25 1,320.20
6/12/2018 991.04 9,016.75 270.25 1,315.70
6/13/2018 996.36 8,967.35 267.85 1,330.95
6/14/2018 1,001.77 8,958.00 267.25 1,307.20
6/15/2018 1,007.98 8,951.60 264.50 1,302.10
6/18/2018 1,009.33 8,973.45 264.55 1,300.40
6/19/2018 989.95 8,862.60 266.05 1,284.55
6/20/2018 1,013.00 8,948.30 263.75 1,275.20
6/21/2018 1,025.63 8,863.05 260.85 1,270.05
6/22/2018 1,006.29 8,874.90 265.15 1,294.65
6/25/2018 998.29 8,793.00 262.60 1,315.55
6/26/2018 972.95 8,931.35 264.80 1,357.60
6/27/2018 965.85 8,898.30 262.75 1,308.80
6/28/2018 944.95 8,771.30 260.50 1,291.35
6/29/2018 972.45 8,825.60 266.20 1,339.90
7/2/2018 960.60 8,821.05 263.05 1,320.15
7/3/2018 971.30 8,975.15 265.45 1,332.85
7/4/2018 990.10 9,220.80 264.40 1,350.85
7/5/2018 964.50 9,347.05 272.50 1,389.70
7/6/2018 977.55 9,317.50 272.65 1,373.70
7/9/2018 997.10 9,374.90 274.40 1,375.80
7/10/2018 1,025.70 9,531.00 277.05 1,371.00
7/11/2018 1,038.80 9,384.70 275.75 1,360.55
7/12/2018 1,082.35 9,347.00 277.20 1,350.00
7/13/2018 1,099.80 9,431.05 270.40 1,337.65
7/17/2018 1,092.35 9,445.40 269.85 1,288.35
7/18/2018 1,092.55 9,366.80 268.55 1,291.70
7/19/2018 1,104.85 9,389.10 273.30 1,274.50
7/20/2018 1,128.65 9,398.95 274.00 1,293.00
7/23/2018 1,120.30 9,701.00 284.15 1,310.80
7/24/2018 1,110.95 9,832.45 285.65 1,475.50
7/25/2018 1,115.15 9,758.95 286.15 1,469.65
7/26/2018 1,110.65 9,396.25 287.20 1,522.70
7/27/2018 1,129.85 9,310.40 302.55 1,535.00
7/30/2018 1,151.40 9,381.90 301.05 1,503.80
7/31/2018 1,186.00 9,520.55 297.70 1,529.75
8/1/2018 1,192.35 9,341.60 301.60 1,531.35
8/2/2018 1,168.35 9,142.40 299.20 1,541.10

Standard Daviation
Annualised STD
1-Year Return 42.65% 18.73% 8.01% -16.12%
Total Number of Shares 5,630,542,439.17 308,337,061.51 11,247,035,938.78 169,155,623.07
6432233304.9973
314574736.33983
12156322969.132
186404101.71027
201593112.51097
121635788.08813

4370.647949 531627207732.4 263.714299333333 3205796194274

4699.50406933333 571627881096.75 258.628082 3143966493679
5119.23144533333 622681751258.67 262.324173 3188897369598
6178.21565733333 751492130458.18 276.819997 3365113287846

1718.281657 320294748758.32
1677.466919 312686714184.89
1539.18286133333 286909998634.69
1398.49780266667 260685726649.87
HMCL IS Equity BRIT IS Equity RIL Return MSIL ReturnITC Return ACC Return HMCL Return
BRIT Return
3,573.91 5,295.60 - - - - -
3,577.97 5,342.63 -0.80% -0.89% -2.75% -0.65% 0.11% 0.89%
3,566.53 5,430.15 1.79% 0.75% 1.84% -0.28% -0.32% 1.64%
3,575.57 5,402.36 -0.40% 0.36% 0.16% -0.32% 0.25% -0.51%
3,572.74 5,359.50 0.99% -0.65% -0.14% -0.59% -0.08% -0.79%
3,564.53 5,344.57 0.46% -0.15% -0.76% -1.05% -0.23% -0.28%
3,537.44 5,435.11 0.83% 0.52% 1.25% -1.83% -0.76% 1.69%
3,566.77 5,421.61 -0.27% -0.49% 0.41% -1.05% 0.83% -0.25%
3,568.05 5,412.38 -0.78% 0.23% -1.04% -2.73% 0.04% -0.17%
3,495.60 5,499.10 -2.33% -0.36% 1.42% -0.06% -2.03% 1.60%
3,475.12 5,434.16 -1.13% 0.02% -2.41% 0.34% -0.59% -1.18%
3,481.47 5,553.53 -1.22% -2.14% 1.20% -0.80% 0.18% 2.20%
3,414.85 5,478.66 -0.27% -0.97% 0.02% -2.20% -1.91% -1.35%
3,421.69 5,560.82 -0.49% 1.57% -1.28% -1.40% 0.20% 1.50%
3,405.12 5,671.26 -1.56% -0.74% -1.90% -0.87% -0.48% 1.99%
3,411.91 5,673.74 0.39% -1.02% 0.51% 1.45% 0.20% 0.04%
3,473.46 5,782.19 0.54% 1.63% 0.96% -0.75% 1.80% 1.91%
3,519.36 5,797.52 -0.04% 1.89% 1.10% -0.03% 1.32% 0.27%
3,529.72 5,759.96 -0.32% 0.06% -0.45% -0.95% 0.29% -0.65%
3,520.97 5,744.83 -0.15% -1.45% -0.78% -0.05% -0.25% -0.26%
3,465.68 5,877.89 0.57% -0.59% -0.09% 3.45% -1.57% 2.32%
3,545.27 5,767.25 1.00% 3.18% -0.63% -2.06% 2.30% -1.88%
3,532.85 5,721.36 1.11% -0.67% -0.39% -1.41% -0.35% -0.80%
3,529.72 5,766.61 0.72% 0.69% -0.52% -1.76% -0.09% 0.79%
3,553.97 5,831.25 0.71% 0.36% 1.08% 2.40% 0.69% 1.12%
3,569.90 5,946.70 1.78% 0.78% 0.24% 0.04% 0.45% 1.98%
3,553.92 5,871.63 1.34% 0.24% -1.16% -0.10% -0.45% -1.26%
3,531.58 5,864.49 -0.17% 1.01% 0.50% 0.39% -0.63% -0.12%
3,605.44 5,900.36 1.48% -0.07% 0.37% -0.34% 2.09% 0.61%
3,614.19 5,970.36 0.54% -0.55% -0.89% 1.16% 0.24% 1.19%
3,613.02 5,955.08 0.54% -0.10% -0.22% -1.78% -0.03% -0.26%
3,611.16 6,088.88 0.62% -0.07% -1.03% -0.39% -0.05% 2.25%
3,584.22 6,026.77 0.13% 0.24% 0.02% -0.13% -0.75% -1.02%
3,571.12 5,930.08 -1.92% -1.24% 0.57% -1.22% -0.37% -1.60%
3,574.11 5,948.93 2.33% 0.97% -0.86% -0.73% 0.08% 0.32%
3,553.97 5,916.33 1.25% -0.95% -1.10% -0.40% -0.56% -0.55%
3,556.36 5,913.11 -1.88% 0.13% 1.65% 1.94% 0.07% -0.05%
3,506.70 5,930.92 -0.80% -0.92% -0.96% 1.61% -1.40% 0.30%
3,487.14 6,003.06 -2.54% 1.57% 0.84% 3.20% -0.56% 1.22%
3,458.94 6,040.26 -0.73% -0.37% -0.77% -3.59% -0.81% 0.62%
3,437.48 6,081.89 -2.16% -1.43% -0.86% -1.33% -0.62% 0.69%
3,395.88 6,165.43 2.91% 0.62% 2.19% 3.76% -1.21% 1.37%
3,339.08 6,184.48 -1.22% -0.05% -1.18% -1.47% -1.67% 0.31%
3,370.61 6,168.21 1.11% 1.75% 0.91% 0.96% 0.94% -0.26%
 3,381.51 6,250.76 1.94% 2.74% -0.40% 1.35% 0.32% 1.34%
3,427.41 6,258.25 -2.59% 1.37% 3.06% 2.88% 1.36% 0.12%
3,555.82 6,260.83 1.35% -0.32% 0.06% -1.15% 3.75% 0.04%
3,530.80 6,333.22 2.00% 0.62% 0.64% 0.15% -0.70% 1.16%
3,503.42 6,340.01 2.87% 1.67% 0.97% -0.35% -0.78% 0.11%
3,496.60 6,308.31 1.28% -1.53% -0.47% -0.76% -0.19% -0.50%
3,498.85 6,355.84 4.19% -0.40% 0.53% -0.78% 0.06% 0.75%
3,455.90 6,424.75 1.61% 0.90% -2.45% -0.91% -1.23% 1.08%
3,488.60 6,376.92 -0.68% 0.15% -0.20% -3.69% 0.95% -0.74%
3,506.15 6,316.30 0.02% -0.83% -0.48% 0.26% 0.50% -0.95%
3,451.10 6,322.75 1.13% 0.24% 1.77% -1.33% -1.57% 0.10%
3,376.95 6,308.71 2.15% 0.10% 0.26% 1.45% -2.15% -0.22%
3,165.45 6,385.90 -0.74% 3.21% 3.70% 1.38% -6.26% 1.22%
3,108.25 6,416.17 -0.83% 1.36% 0.53% 12.56% -1.81% 0.47%
3,110.05 6,393.89 0.38% -0.75% 0.18% -0.40% 0.06% -0.35%
3,136.75 6,400.14 -0.40% -3.72% 0.37% 3.61% 0.86% 0.10%
3,203.95 6,360.20 1.73% -0.91% 5.34% 0.81% 2.14% -0.62%
3,209.95 6,331.45 1.91% 0.77% -0.50% -2.03% 0.19% -0.45%
3,294.45 6,542.20 3.01% 1.48% -1.11% 1.73% 2.63% 3.33%
3,280.40 6,489.85 0.54% -1.88% 1.31% 0.10% -0.43% -0.80%
3,263.70 6,457.40 -2.01% -2.13% -0.80% 0.64% -0.51% -0.50%

1.45% 1.26% 1.37% 2.24% 1.36% 1.09%

5.94% 5.12% 5.58% 9.26% 5.57% 4.41%
-15.31% 65.02%
207,590,727.47 116,376,891.92

3728.717041774047083070 7937.83 2.447527E+12 834.5203

3565.28263333740119615489 9279.45 2.861198E+12 928.9049
3525.008545731759088194 8842.333 2.726419E+12 927.7951
3360.798584697670622932 8961.117 2.763044E+12 1022.731
BRIT Return
4.698802E+12
5.230239E+12
5.22399E+12
5.75853E+12
 CFO:Y-1 CFO:Y
Ticker Name Price
RIL IS Equity Reliance Industries Ltd 1176.95 380,850,012,160.00 561,209,999,360.00
ITC IS Equity ITC Ltd 303.95 113,626,603,520.00 138,694,705,152.00
ACC IS Equity ACC Ltd 1518.65 14,165,399,552.00 15,873,399,808.00
HMCL IS Equity Hero MotoCorp Ltd 3250.55 41,752,399,872.00 42,117,799,936.00
MSIL IS Equity Maruti Suzuki India Ltd 9187 102,215,999,488.00 115,295,002,624.00
BRIT IS Equity Britannia Industries Ltd 6392.7002 5,106,599,936.00 13,504,000,000.00

Unit 10,000,000.00
Source Bloomberg
 Days in
Accounts & Notes Accounts
NI / Profit:Y-1 NI / Profit:Y Receivable:Y-1 Revenue:Y-1 Receivable
(Y)
299,009,998,848.00 360,749,989,888.00 81,769,996,288.00 3,053,820,051,456.00 11.989700697
102,894,403,584.00 112,711,999,488.00 24,742,899,712.00 423,600,390,144.00 21.823111386
6,582,900,224.00 9,244,099,584.00 5,331,800,064.00 107,677,900,800.00 16.924114238
35,842,699,264.00 37,204,000,768.00 15,517,500,416.00 282,813,988,864.00 17.091748732
75,098,996,736.00 78,800,003,072.00 12,026,000,384.00 669,247,012,864.00 6.2330782889
8,844,699,648.00 10,042,300,416.00 1,791,600,000.00 89,622,798,336.00 8.9817407157
 Sales to Other Sales to Other
Days in Accounts Receivable (Y- Current Current
1) Inv Days:Y-1 Inv Days:Y Assets:Y-1 Assets:Y D&A:Y-1

9.77334883595712 80.072692871 72.575340271 10.386436462 8.9966230392 116,460,003,328.00

21.3199954603675 209.38052368 198.97392273 21.376686096 14.839160919 11,527,900,160.00
18.0734116183662 227.29389954 198.68307495 25.514276505 14.320623398 6,128,999,936.00
20.0269006303067 14.110848427 13.866419792 42.805206299 37.080478668 5,022,499,840.00
6.55884905839991 24.772657394 21.336889267 31.417097092 38.781265259 26,038,999,040.00
7.29651396900565 35.643722534 39.314319611 7.4290070534 8.5135755539 1,192,700,032.00
 Sales to Gross
Fixed Sales to Gross
D&A:Y Revenue:Y Assets:Y-1 Fixed Assets:Y
Gross Fixed Assets: Y
167,059,996,672.00 3,916,770,050,048.00 0.5727300048 0.6464560032 6,058,834,678,192.87
12,362,800,128.00 431,229,009,920.00 2.0096609592 1.7502750158 246,377,858,347.74
6,473,399,808.00 129,309,499,392.00 1.2832440138 1.4805370569 87,339,589,905.81
5,749,799,936.00 318,057,807,872.00 3.8438510895 3.995595932 79,602,095,227.95
27,598,000,128.00 781,171,032,064.00 3.4597671032 3.4037361145 229,503,993,783.70
1,420,700,032.00 98,295,201,792.00 7.5035209656 5.7090620995 17,217,399,299.50
 Asset Dep/GFA Dep/GFA
Gross Fixed Assets: Y-1 growth (Y) (Y-1) OCA (Y) OCA (Y-1)
5,332,041,321,266.82 13.6% 0.027573 0.0218415 435,360,027,085.95 294,020,000,267.70
210,782,016,835.02 16.9% 0.0501782 0.0546911 29,060,201,737.04 19,815,998,992.45
83,910,697,921.19 4.1% 0.0741176 0.0730419 9,029,599,885.41 4,220,299,986.99
73,575,688,100.46 8.2% 0.0722318 0.068263 8,577,500,056.51 6,606,999,786.19
193,437,012,637.62 18.6% 0.1202506 0.1346123 20,143,000,153.58 21,302,000,337.94
11,944,099,143.21 44.1% 0.0825154 0.0998568 11,545,701,470.52 12,063,900,019.49
 CFO:Y CFO:Y-1 NI / Profit:Y
Ticker Name
RIL IS Equity Reliance Industries Ltd 561,209,999,360.00 380,850,012,160.00 360,749,989,888.00
MSIL IS Equity Maruti Suzuki India Ltd 115,295,002,624.00 102,215,999,488.00 78,800,003,072.00
ITC IS Equity ITC Ltd 138,694,705,152.00 113,626,603,520.00 112,711,999,488.00
ACC IS Equity ACC Ltd 15,873,399,808.00 14,165,399,552.00 9,244,099,584.00
HMCL IS Equity Hero MotoCorp Ltd 42,117,799,936.00 41,752,399,872.00 37,204,000,768.00
BRIT IS Equity Britannia Industries Ltd 13,504,000,000.00 5,106,599,936.00 10,042,300,416.00

Ticker A B C D
RIL IS Equity 0 1 0 1
MSIL IS Equity 0 0 0 0
ITC IS Equity 0 1 0 1
ACC IS Equity 1 0 0 1
HMCL IS Equity 1 0 0 1
BRIT IS Equity 0 1 1 0
 Days in Accounts Days in Accounts Inv Inv
NI / Profit:Y-1 Receivable Receivable (Y-1) Days:Y Days:Y-1
(Y) OCA (Y)
299,009,998,848.00 11.99 9.77 72.58 80.07 435,360,027,085.95
75,098,996,736.00 6.23 6.56 21.34 24.77 20,143,000,153.58
102,894,403,584.00 21.82 21.32 198.97 209.38 29,060,201,737.04
6,582,900,224.00 16.92 18.07 198.68 227.29 9,029,599,885.41
35,842,699,264.00 17.09 20.03 13.87 14.11 8,577,500,056.51
8,844,699,648.00 8.98 7.30 39.31 35.64 11,545,701,470.52

E F Total score A Growing divergence between net income and cash flow
0 1 3 B Increasing receivable days (1 point)
1 1 2 C Increasing inventory days (1 point)
1 1 4 D Increasing other current assets (1 point)
0 0 2 E Declines in depreciation relative to gross fixed assets (1
0 0 2 F Total asset growth in excess of 10% (1 point)
1 1 4
 Asset
growt
OCA (Y-1) Dep/GFA (Y) Dep/GFA (Y-1) h
294,020,000,267.70 0.03 0.02 13.6%
21,302,000,337.94 0.12 0.13 18.6%
19,815,998,992.45 0.05 0.05 16.9%
4,220,299,986.99 0.07 0.07 4.1%
6,606,999,786.19 0.07 0.07 8.2%
12,063,900,019.49 0.08 0.10 44.1%

between net income and cash flow (1 point)

e days (1 point)
days (1 point)
ent assets (1 point)
tion relative to gross fixed assets (1 point)
excess of 10% (1 point)
 Ast TO:Y-1Ast TO:Y Tot Eqty:Y-1
Tot Eqty:Y
Ticker Sector Script N Price

RIL IS Equity Reliance In 1020.95 0.465757 0.512436 2.67E+12 2.97E+12

MSIL IS Equity Automobiles Maruti Suzu 8925.3 1.413613 1.392351 3.71E+11 4.26E+11
ITC IS Equity Consumer Goods ITC Ltd 265.5 0.787104 0.717327 4.67E+11 5.28E+11
ACC IS Equity Cement ACC Ltd 1304.75 0.82216 0.9158 8.82E+10 9.36E+10
HMCL IS Equity Automobiles Hero MotoC 3675.95 2.005218 1.984692 1.04E+11 1.21E+11
BRIT IS Equity Consumer Goods Britannia I 6019 2.357654 2.114621 2.7E+10 3.42E+10
Tot Assets:Y-1
Tot Assets:Y GM:Y-1 GM:Y OPM:Y-1 OPM:Y LT Brrwng:Y-1
LT Brrwng:Y
Share CapitShare Capit

7.12E+12 8.16E+12 5.92E+10 2.96E+10 -- -- 11.31304 12.11968 1.52E+12 1.44E+12

5.2E+11 6.02E+11 1.51E+09 1.51E+09 -- -- 11.58646 11.90981 0 1E+08
5.59E+11 6.43E+11 1.22E+10 1.21E+10 -- -- 33.71838 35.35634 1.84E+08 1.15E+08
1.34E+11 1.48E+11 1.89E+09 1.88E+09 -- -- 8.073244 9.812195 0 0
1.53E+11 1.74E+11 3.99E+08 3.99E+08 -- -- 14.40424 14.63435 2.08E+09 1.5E+09
4.11E+10 5.19E+10 2.4E+08 2.4E+08 -- -- 12.93097 13.8316 3.14E+08 8.46E+08
CFO:Y ROA:Y NI / Profit:Y-1
NI / Profit:Y
Curr Ratio:Y-1
Curr Ratio:Y
Net IncomeROA Point POCF Point

5.61E+11 4.719737 2.99E+11 3.61E+11 0.6239 0.585582 1 1 1

1.02E+11 14.04523 7.51E+10 7.88E+10 0.664662 0.513318 1 1 1
1.14E+11 18.74907 1.03E+11 1.13E+11 3.688957 2.853318 1 1 1
1.59E+10 6.546887 6.58E+09 9.24E+09 1.031321 1.179913 1 1 1
4.18E+10 22.74867 3.58E+10 3.72E+10 1.812562 2.008817 1 1 1
5.11E+09 21.60396 8.84E+09 1E+10 1.738695 1.912219 1 1 1
CFO Point LTR CR NNS GMC ATR F Score

1 1 0 0 1 1 7
1 0 0 1 1 0 6
1 1 0 1 1 0 7
1 1 1 1 1 1 9
1 1 1 1 1 0 8
0 0 1 1 1 0 6