in million (Rs.

)
2020
Stock in Trade 32
Distribution Cost 12
Trade Debts 62
Loans and Advances 56
Franchises 38
Issued, subscribed & paid-up capital (par value of Rs. 10 / share) 74
Short Term Investments 56
Preferred Stock (Rs. 10 each) 29
Capital Reserve 42
Administration Expenses 6
Revenue Reserves 45
Surplus on Revaluation of Fixed Assets 50
Other Operating Income 1
Finance Cost 7
Donated Capital 30
Cost of Sales 47
Cumulative Translation Adjustment 8
Net Unrealized Investment Gain (Loss) -3
Redeemable Preferred Stock 71
Long-Term Loans 52
Cumulative Effect of Change in Accounting Principle (Loss) -6
Cash and Bank Balances 1
Liabilities Against Asset Subject to Financial Lease 100
Deferred Tax Liabilities 58
Long Term Loans and Advances 28
Other Expenses 2
Stores, spares and loose tools 45
Warranty Obligations 67
Current Portion of Liabilities Against Asset Subject to Financial Lease 10
Sales 117
Goodwill 44
Patents 29
Trade and Other Payables 5
Capital work-in-progress 13
Accrued Mark-up 7
Prepayments 17
Short Term Borrowings 7
Other Receivables 16
Current Portion of Long-Term Debt 5
Property, Plant and Equipment 188
Sales Tax Payable 4
Discontinues Operations (Loss) 1
Long Term Investments 37
Taxes 20%
 2020
in Rs. (million)
Issued, subscribed & paid-up capital (par value of Rs. 10 / share) 400
Preferred Stock (Rs. 10 each) 80
Capital Reserve 60
Revenue Reserves 50
Surplus on Revaluation of Fixed Assets 10
Donated Capital 10
Cumulative Translation Adjustment 5
Net Unrealized Investment Gain (Loss) -1
Redeemable Preferred Stock 15
Long-Term Loans 90
Liabilities Against Asset Subject to Financial Lease 60
Deferred Tax Liabilities 5
Warranty Obligations 10
Current Portion of Liabilities Against Asset Subject to Financial Lease 5
Trade and Other Payables 80
Accrued Mark-up 2
Short Term Borrowings 10
Current Portion of Long-Term Debt 10
Sales Tax Payable 1

TOTAL 902

Property, Plant and Equipment 400

Capital work-in-progress 20
Goodwill 30
Patents 10
Franchises 7
Long Term Investments 50
Long Term Loans and Advances 10
Stores, spares and loose tools 10
Stock in Trade 110
Trade Debts 90
Loans and Advances 30
Prepayments 10
Other Receivables 5
Short Term Investments 60
Cash and Bank Balances 60
TOTAL 902
 2021
in Rs. (million)
400 constant
80 constant
60 constant
60 increased/decreased as per net income - dividends
10 increased by % of sales
12 increased by % of sales
6 Increase with sales increase and vice versa
-1.2 Increase with sales increase and vice versa
18 all liabilities are increased by % of sales method
108 all liabilities are increased by % of sales method
72 all liabilities are increased by % of sales method
6 all liabilities are increased by % of sales method
12 all liabilities are increased by % of sales method
6 all liabilities are increased by % of sales method
96 all liabilities are increased by % of sales method
2.4 all liabilities are increased by % of sales method
12 all liabilities are increased by % of sales method
12 all liabilities are increased by % of sales method
1.2 all liabilities are increased by % of sales method
110.0 EFN
1,082.4

480 all assets are increased by % of sales method

24 all assets are increased by % of sales method
36 all assets are increased by % of sales method
12 all assets are increased by % of sales method
8.4 all assets are increased by % of sales method
60 all assets are increased by % of sales method
12 all assets are increased by % of sales method
12 all assets are increased by % of sales method
132 all assets are increased by % of sales method
108 all assets are increased by % of sales method
36 all assets are increased by % of sales method
12 all assets are increased by % of sales method
6 all assets are increased by % of sales method
72 all assets are increased by % of sales method
72 all assets are increased by % of sales method
1082.4
Net Income 100 1.2 120
Dividends 50 1.2 60
Dividend Payout Ratio 0.5
Change in RR 10
(IFRS 3-5 years once)/constant
Assets Sales Sales Change
plus dependent on exchange rate 902 1000 200
plus dependent on market conditions Debt Sales Sales Change
288 1000 200
NP Projected Sales NPM
100 1200 0.1

EFN
180.4 180.4

57.6 57.6

60 10.0

62.8 112.8
 base year 10/unit
Sales 50 100 150
Cost of sales 50 50 50
Gross Profit 0 50 100 business risk
Administrative Exp 10 10 10 total risk
Marketing Exp 15 15 15
EBIT -25 25 75
Interest Exp 5 5 5 financial risk
EBT -30 20 70
Taxes 0.2 -6 4 14
NI -24 16 56
less PS Dividends
Income for CS holders ? ? ?
Sales change -0.5 0.5
EBIT Change -2 2
NI change -2.5 2.5
EBT change -2.5 2.5
DOL 4 4 fixed cost

DFL 1.25 1.25 .25 extra (interest exp)

 base year base year base year base year base year base year base year
400 150 80 70 50 10 0 40
50 50 50 50 50 50 50
350 100 30 20 0 -40 -50
10 10 10 10 10 10 10
15 15 15 15 15 15 15
325 75 5 -5 -25 -65 -75
bankruptcy 5 5 5 5 5 5 5
320 70 0 -10 -30 -70 -80
0 0 0 0 0 0 0
320 70 0 -10 -30 -70 -80

75 75 75 75 75 75 75

-45 -35 -25

 15 8 7 5 1 0

500

400

300

200

100

0
-45 -35 -25 -15 -5 5 15 25 35 45
 COMPANY 1
in million (Rs.)
2018 2019 2020
Stock in Trade 32 27 40
Distribution Cost 12 16 11
Trade Debts 62 75 54
Loans and Advances 56 44 45
Franchises 38 23 47
Issued, subscribed & paid-up capital (par value of Rs. 10 / share) 74 52 54
Short Term Investments 56 44 46
Preferred Stock (Rs. 10 each) 29 27 11
Capital Reserve 42 98 80
Administration Expenses 6 8 5
Revenue Reserves 45 59 59
Surplus on Revaluation of Fixed Assets 50 50 50
Other Operating Income 1 2 1
Finance Cost 7 9 6
Donated Capital 30 30 30
Cost of Sales 47 63 42
Cumulative Translation Adjustment 8 6 9
Net Unrealized Investment Gain (Loss) -3 -1 -5
Redeemable Preferred Stock 71 53 65
Long-Term Loans 52 85 83
Cumulative Effect of Change in Accounting Principle (Loss) -6 -2 -17
Cash and Bank Balances 1 61 13
Liabilities Against Asset Subject to Financial Lease 100 92 62
Deferred Tax Liabilities 58 47 68
Long Term Loans and Advances 28 23 26
Other Expenses 2 2 2
Stores, spares and loose tools 45 36 40
Warranty Obligations 67 62 94
Current Portion of Liabilities Against Asset Subject to Financial Lease 10 9 6
Sales 117 157 105
Goodwill 44 67 61
Patents 29 36 41
Trade and Other Payables 5 4 8
Capital work-in-progress 13 14 18
Accrued Mark-up 7 6 6
Prepayments 17 19 18
Short Term Borrowings 7 6 4
Other Receivables 16 15 18
Current Portion of Long-Term Debt 5 9 8
Property, Plant and Equipment 188 180 197
Sales Tax Payable 4 7 7
Discontinues Operations (Loss) 1 0 -2
Long Term Investments 37 37 36
in million in million in million
Opening balance for Common Stock share 10 18 25
1st Issue (April 1st) 5 3 4
2nd Issue (September 1st) 3 4 2
Rs. Rs. Rs.
Market Price/Share 118 102 107
 Total Dividends for year
(interim + final dividends)
Redeemable Preferred stock Rs./share 2 3 1
Preferred stock Rs./share 1 2 2
Common Stock Rs./share 0 2 1
 COMPANY 2 COMPANY 3 COMPANY 4 COMPANY 5
in million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2018 2019 2020 2018 2019 2020 2018 2019 2020 2018
25 20 36 35 48 38 29 44 50 29
11 11 14 13 11 13 10 18 16 15
25 48 48 65 65 25 80 56 66 43
35 50 55 43 41 25 46 50 43 42
26 28 46 40 41 44 24 48 38 50
43 90 49 73 99 56 57 85 76 80
30 40 46 59 60 35 50 47 42 57
12 22 29 27 23 24 24 20 29 21
78 59 73 75 84 56 78 45 99 74
6 6 7 7 5 6 5 9 8 8
55 48 41 23 56 52 34 57 34 41
50 50 50 50 50 50 50 50 50 50
1 1 1 1 1 1 1 2 2 2
7 7 8 8 6 8 6 11 10 9
30 30 30 30 30 30 30 30 30 30
44 45 54 53 42 52 41 71 64 62
6 5 10 6 7 7 5 7 10 10
-3 4 -5 5 -3 -1 -2 -5 -5 0
85 40 56 60 40 79 57 95 78 90
57 68 96 95 99 45 84 63 50 72
20 17 0 -1 4 -8 19 9 -5 13
3 25 14 8 66 8 19 25 40 52
68 68 77 83 94 57 79 97 65 53
47 98 68 78 78 51 96 49 83 46
40 39 43 25 46 20 23 45 21 42
2 2 2 2 2 2 2 3 2 2
30 44 49 38 21 35 44 40 27 22
51 51 71 54 72 87 40 54 62 70
7 7 8 8 9 6 8 10 7 5
110 112 135 132 106 129 103 177 160 154
70 83 72 64 100 55 56 42 66 52
36 49 25 50 28 29 34 46 20 41
8 8 4 9 9 4 7 10 9 9
11 19 15 14 17 11 10 19 14 18
8 7 8 4 5 8 5 8 4 7
18 14 17 20 15 18 19 16 17 14
5 4 8 4 7 6 6 4 6 7
20 11 16 15 16 15 20 10 11 14
6 7 10 10 10 5 8 6 5 7
210 175 185 190 193 220 181 177 194 179
7 6 8 4 8 7 5 7 6 7
-2 1 0 -1 -1 1 -1 0 0 -1
40 27 23 32 20 50 36 27 48 24
in million in million in million in million in million in million in million in million in million in million
10 14 20 10 18 24 10 16 21 10
2 3 5 4 2 5 4 3 4 5
2 3 3 4 4 2 2 2 4 3
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
108 104 102 104 111 106 105 112 111 117
3 2 2 1 1 1 2 3 2 3
2 2 1 1 1 3 3 1 2 2
0 1 0 1 1 1 2 2 2 3
 COMPANY 5 COMPANY 6 COMPANY 7 COMPANY 8
in million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2019 2020 2018 2019 2020 2018 2019 2020 2018 2019
25 24 25 28 47 34 40 39 28 38
15 19 13 13 16 16 15 18 13 19
40 25 55 45 25 50 48 59 79 75
47 25 25 48 35 50 51 48 41 51
42 28 47 50 40 30 46 40 41 24
92 42 58 82 40 51 89 62 98 66
60 25 25 53 57 60 50 59 41 43
24 28 26 27 10 10 15 18 25 21
57 52 98 79 42 93 93 60 77 82
8 9 7 6 8 8 7 9 6 10
30 58 38 30 21 35 44 52 27 26
50 50 50 50 50 50 50 50 50 50
2 2 1 1 2 2 1 2 1 2
9 11 8 8 10 9 9 11 8 11
30 30 30 30 30 30 30 30 30 30
60 74 52 52 64 62 58 70 50 76
7 7 4 8 5 6 9 7 6 9
-2 0 4 -3 2 1 -1 4 -2 -5
86 79 92 90 64 95 64 61 97 81
54 45 48 93 64 87 54 81 66 98
13 -7 17 4 -16 -19 26 -11 30 25
78 48 10 85 3 98 27 4 68 10
80 88 55 76 97 58 50 92 100 82
68 91 40 81 97 76 49 86 86 52
21 30 44 32 29 31 21 31 32 42
2 3 2 2 2 2 2 3 2 3
47 43 46 41 25 48 40 49 36 46
73 40 58 92 46 99 95 65 61 52
8 9 6 8 10 6 5 9 10 8
151 185 130 129 161 156 145 175 125 191
52 91 72 91 58 56 72 92 81 53
20 30 25 27 41 27 26 30 42 22
8 5 5 6 8 10 9 5 10 9
19 14 16 15 11 13 11 15 12 18
5 4 8 7 5 6 4 5 8 6
13 16 19 19 19 13 10 13 17 17
6 7 8 7 5 8 4 8 7 8
19 14 10 12 15 12 12 11 20 11
5 5 5 9 6 9 5 8 7 10
179 185 195 185 177 189 181 193 196 199
4 4 8 8 8 7 8 6 5 8
1 -1 1 -1 -2 -1 0 0 -2 -1
23 45 26 49 28 26 41 26 34 45
in million in million in million in million in million in million in million in million in million in million
18 24 10 15 23 10 16 24 10 20
3 5 2 4 3 3 3 2 5 3
3 3 3 4 2 3 5 3 5 4
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
106 118 106 100 101 101 117 104 100 117
2 2 2 2 3 2 1 3 3 1
1 2 3 1 1 3 3 1 1 1
0 2 0 3 1 0 1 0 0 1
COMPANY 8 COMPANY 9 COMPANY 10 COMPANY 11
n million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2020 2018 2019 2020 2018 2019 2020 2018 2019 2020
35 47 37 40 42 39 44 45 38 41
14 12 18 13 18 15 12 11 13 13
70 75 25 25 75 40 42 25 74 50
47 46 57 49 47 55 44 25 25 48
34 42 37 28 25 44 50 31 47 33
81 91 60 51 69 46 63 68 97 86
57 46 51 59 42 54 44 44 58 59
24 10 14 19 15 24 26 18 11 13
81 51 42 64 83 41 95 76 59 40
7 6 9 6 9 7 6 6 7 6
29 50 28 52 50 55 33 22 49 59
50 50 50 50 50 50 50 50 50 50
1 1 2 1 2 1 1 1 1 1
9 7 11 8 11 9 7 7 8 8
30 30 30 30 30 30 30 30 30 30
57 49 74 50 73 60 47 44 54 51
6 5 5 7 9 9 10 5 7 9
5 -2 -1 -1 -5 -1 5 1 -5 -5
89 70 98 60 100 77 78 46 100 70
58 60 70 95 44 67 50 93 94 68
1 28 -17 5 -19 -11 -13 25 -8 -20
56 52 20 5 38 14 4 7 5 18
73 96 94 70 89 84 44 73 48 78
75 100 74 44 53 92 41 59 44 58
42 25 50 28 43 34 23 30 40 24
2 2 3 2 3 2 2 2 2 2
40 35 25 30 21 26 33 38 42 38
74 82 72 89 70 68 80 47 79 99
7 10 9 7 9 8 4 7 5 8
143 122 184 126 183 149 118 110 134 128
58 64 66 93 51 99 70 92 79 74
20 42 47 50 48 21 23 26 44 46
9 7 5 7 8 10 9 10 6 6
19 10 10 13 19 15 19 14 13 13
5 4 5 5 6 5 6 4 4 5
12 13 15 16 15 19 20 11 20 19
6 6 8 6 7 4 6 5 6 6
11 13 14 20 16 13 11 12 11 15
6 6 7 10 4 7 5 9 9 7
183 181 195 185 175 187 185 180 175 175
7 4 4 4 5 6 5 5 4 7
-2 0 -1 -1 0 -1 -2 -1 -1 -1
31 38 25 28 39 23 28 48 27 40
in million in million in million in million in million in million in million in million in million in million
27 10 20 28 10 17 24 10 16 24
3 5 3 5 2 2 5 2 3 3
5 5 5 5 5 5 2 4 5 2
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
111 105 117 120 101 117 103 114 106 105
2 3 2 3 3 1 2 3 1 1
1 3 3 3 3 3 1 3 1 2
1 3 0 1 3 0 0 2 1 3
 COMPANY 12 COMPANY 13 COMPANY 14 COMPANY 15
in million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2018 2019 2020 2018 2019 2020 2018 2019 2020 2018
34 40 30 26 23 32 45 27 47 34
18 13 13 17 15 12 13 15 17 18
55 49 60 25 58 42 25 58 25 25
40 56 55 25 43 51 47 53 50 59
35 21 30 39 26 47 33 41 26 31
53 47 67 60 51 78 77 68 40 68
41 41 56 49 59 42 43 43 47 51
26 14 24 27 29 18 23 13 26 11
68 78 54 59 59 97 99 74 80 48
9 6 6 9 7 6 7 7 8 9
46 41 59 51 48 23 32 33 52 38
50 50 50 50 50 50 50 50 50 50
2 1 1 2 1 1 1 1 2 2
11 8 8 10 9 7 8 9 10 11
30 30 30 30 30 30 30 30 30 30
74 50 52 69 60 48 52 58 67 72
8 8 7 6 10 8 8 7 5 10
-4 5 3 -2 1 -5 3 2 -2 -4
89 75 83 51 61 69 56 85 68 98
97 82 99 55 98 55 60 97 76 63
14 29 9 7 19 11 24 3 28 11
9 3 85 14 55 32 34 96 9 15
85 68 70 75 73 55 41 70 84 68
44 92 81 86 83 90 82 82 60 63
48 47 50 36 22 24 23 24 38 38
3 2 2 3 2 2 2 2 3 3
44 49 21 22 48 27 23 39 39 31
85 42 96 59 47 76 56 95 68 72
9 7 7 8 7 6 4 7 8 7
184 125 129 173 149 119 131 146 168 179
82 76 73 80 53 93 74 54 92 43
42 30 39 45 44 20 49 47 37 41
7 10 9 5 10 7 9 4 7 9
14 11 11 10 14 14 12 12 15 15
5 5 7 8 6 7 4 6 4 5
15 12 13 17 12 10 13 12 14 19
6 5 7 8 6 8 4 6 5 4
13 14 17 16 13 11 18 19 15 13
10 8 10 6 10 6 6 10 8 6
197 178 182 192 183 193 191 190 187 188
4 7 6 4 8 8 7 5 6 5
0 -2 -1 0 0 -2 -1 1 0 0
48 47 47 49 34 47 21 29 34 48
in million in million in million in million in million in million in million in million in million in million
10 19 23 10 15 23 10 18 25 10
5 2 3 2 5 4 4 2 4 5
4 2 5 3 3 3 4 5 5 5
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
107 108 110 106 111 104 103 112 104 103
1 2 3 2 2 2 3 2 2 1
3 1 3 2 2 3 2 2 1 2
3 1 1 3 1 0 0 3 3 2
COMPANY 15 COMPANY 16 COMPANY 17 COMPANY 18
in million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2019 2020 2018 2019 2020 2018 2019 2020 2018 2019
35 21 34 39 42 26 26 23 37 45
15 15 19 16 14 11 11 17 19 12
61 25 76 52 71 63 44 25 60 77
47 45 60 40 45 60 51 43 54 48
26 35 40 21 25 40 39 28 21 39
50 67 50 69 40 93 70 44 57 98
46 50 57 50 55 40 51 56 41 50
14 13 22 17 21 24 24 25 11 30
66 41 78 58 94 93 60 77 94 89
7 8 10 8 7 6 5 8 9 6
54 23 55 39 51 27 30 45 39 41
50 50 50 50 50 50 50 50 50 50
1 2 2 2 1 1 1 2 2 1
9 9 12 10 9 7 6 10 11 7
30 30 30 30 30 30 30 30 30 30
59 60 78 64 58 46 43 67 75 48
4 6 8 10 8 8 5 6 8 8
5 -4 1 3 0 -5 5 -2 -1 2
100 92 62 78 78 48 47 59 82 89
74 56 95 70 41 46 83 87 96 48
-7 -1 -17 -13 15 17 4 -20 19 -14
134 15 46 28 5 24 17 22 119 40
94 78 66 44 55 96 96 61 86 69
83 47 77 87 49 84 73 48 90 57
40 25 23 28 40 28 38 23 38 28
2 2 3 2 2 2 2 3 3 2
33 35 34 47 45 41 49 32 40 20
100 63 89 43 82 76 95 43 82 94
9 8 7 4 6 10 10 6 9 7
147 151 194 160 144 114 107 167 188 119
56 25 62 25 25 81 87 64 56 81
43 34 29 47 25 25 42 34 47 46
10 6 5 10 8 5 8 7 4 4
17 20 16 12 19 18 15 15 13 15
5 6 4 4 4 8 8 7 6 6
11 10 11 15 13 14 10 15 10 18
8 8 6 4 7 4 4 4 7 6
19 14 12 14 14 20 17 16 12 12
7 6 10 7 4 5 8 9 10 5
183 198 185 196 182 193 196 196 189 179
8 4 8 6 4 7 4 8 4 6
-1 -2 -1 1 -1 -1 1 1 1 0
21 48 37 20 26 35 28 22 26 41
in million in million in million in million in million in million in million in million in million in million
20 27 10 18 28 10 15 22 10 17
5 3 3 5 4 2 2 4 2 3
2 4 5 5 2 3 5 5 5 4
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
120 114 104 109 100 116 114 111 106 111
1 2 3 1 1 1 3 1 1 3
3 2 3 2 3 2 1 1 3 1
1 0 2 2 1 3 1 3 1 3
COMPANY 18 COMPANY 19 COMPANY 20 COMPANY 21
n million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2020 2018 2019 2020 2018 2019 2020 2018 2019 2020
48 35 22 25 33 43 42 24 25 33
10 17 17 13 13 13 11 10 12 15
51 58 43 25 48 71 67 60 50 43
47 35 47 25 56 43 51 35 56 55
36 29 34 29 20 34 45 36 27 24
94 83 71 51 62 48 66 51 94 61
52 49 60 44 48 49 49 56 57 45
25 16 20 26 23 19 25 29 24 24
41 60 82 68 71 92 83 47 64 47
5 8 8 6 7 7 6 5 6 8
35 49 24 53 60 26 38 42 40 22
50 50 50 50 50 50 50 50 50 50
1 2 2 1 1 1 1 1 1 2
6 10 10 8 8 8 7 6 7 9
30 30 30 30 30 30 30 30 30 30
42 67 68 50 52 52 45 42 46 61
5 5 7 4 7 7 9 4 7 9
0 -1 0 -1 1 0 -5 -5 0 2
43 51 51 42 50 72 99 53 60 96
85 73 63 41 65 73 57 96 80 61
4 0 -3 24 -5 -11 28 -4 10 -12
4 5 3 10 48 63 90 17 16 23
98 77 59 70 95 90 90 66 82 56
84 42 95 59 47 82 89 94 47 57
32 35 24 36 38 22 35 36 42 43
2 3 3 2 2 2 2 2 2 2
48 44 30 47 37 35 21 24 22 23
44 66 46 41 79 77 88 96 59 96
10 8 6 7 10 9 9 7 8 6
104 168 169 125 131 131 112 104 116 153
95 60 46 25 46 69 53 97 49 60
27 26 45 50 28 26 47 37 43 22
10 8 4 7 7 6 8 8 7 9
12 14 12 11 11 11 18 18 12 10
5 4 8 7 8 6 7 4 4 6
13 18 20 20 10 17 17 14 17 12
4 8 8 4 5 4 6 4 7 6
16 12 12 16 16 16 17 13 18 12
9 7 6 4 7 7 6 10 8 6
176 192 193 178 194 178 184 177 192 194
8 8 4 6 7 5 5 6 4 5
1 -1 0 -2 -1 1 -2 -1 -1 0
22 32 43 28 50 26 24 47 49 50
in million in million in million in million in million in million in million in million in million in million
24 10 18 23 10 18 25 10 15 23
4 5 2 3 3 4 5 3 5 5
3 3 3 2 5 3 4 2 3 5
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
110 119 109 120 100 106 115 119 115 113
2 3 1 1 2 2 2 1 1 2
1 3 2 1 2 2 3 3 3 2
0 3 3 1 1 3 2 0 1 1
 COMPANY 22 COMPANY 23 COMPANY 24 COMPANY 25
in million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2018 2019 2020 2018 2019 2020 2018 2019 2020 2018
48 42 47 27 50 32 48 21 35 23
16 18 15 18 16 16 13 14 15 18
25 65 65 44 67 25 25 44 54 25
59 54 60 58 59 50 25 57 46 25
44 30 28 32 21 42 38 23 31 31
58 46 72 59 46 83 46 100 62 48
55 43 56 47 56 45 55 49 47 57
28 14 24 22 27 20 20 22 18 18
74 52 88 47 72 73 71 98 66 48
8 9 7 9 8 8 6 7 8 9
30 52 34 47 47 22 57 30 22 38
50 50 50 50 50 50 50 50 50 50
2 2 1 2 2 2 1 1 2 2
9 11 9 11 9 10 8 8 9 11
30 30 30 30 30 30 30 30 30 30
62 70 58 73 63 66 52 56 61 71
5 5 6 10 6 5 5 7 9 4
-5 1 3 3 3 -5 3 -3 0 -5
69 79 100 85 44 63 88 84 89 43
72 76 44 59 75 48 42 99 91 61
-13 -18 -1 29 10 25 30 19 -17 0
24 14 35 33 26 21 14 54 5 7
48 92 82 53 98 47 45 59 40 54
81 49 53 72 83 99 99 50 83 95
28 43 22 27 22 46 49 37 26 34
2 3 2 3 2 2 2 2 2 3
25 24 23 29 34 45 41 45 35 35
80 78 58 86 65 54 49 79 85 59
5 9 8 5 10 5 5 6 4 5
156 175 146 182 157 164 129 139 153 178
50 67 46 47 60 25 25 86 92 25
43 23 34 47 30 32 44 38 30 43
10 8 8 4 10 8 10 7 10 5
14 20 16 16 12 14 17 18 16 14
6 5 5 6 8 5 8 4 5 8
12 19 19 13 16 19 15 18 14 14
6 7 5 6 4 4 4 8 5 4
15 13 11 14 16 10 15 11 15 20
7 8 4 6 8 5 4 10 9 6
187 178 176 199 190 178 178 200 195 178
5 5 7 7 4 8 4 7 4 5
-1 1 -2 1 -2 0 1 0 1 1
30 31 44 24 30 39 50 46 41 46
in million in million in million in million in million in million in million in million in million in million
10 19 25 10 15 23 10 15 25 10
4 3 3 3 3 2 2 5 4 2
5 3 2 2 5 3 3 5 3 2
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
100 109 102 117 105 116 117 107 109 109
1 2 1 3 1 3 3 1 3 1
3 1 3 3 3 2 3 3 3 2
0 0 3 2 1 0 1 1 1 0
COMPANY 25 COMPANY 26 COMPANY 27 COMPANY 28
in million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2019 2020 2018 2019 2020 2018 2019 2020 2018 2019
30 32 39 33 49 37 46 38 32 26
13 20 13 19 18 16 11 12 15 14
25 43 41 25 25 25 35 75 25 25
25 59 56 53 25 25 60 60 40 25
39 27 39 25 34 23 48 43 42 29
40 59 54 89 42 61 78 44 55 56
42 45 45 60 51 60 49 45 45 52
29 13 27 13 10 13 24 26 11 16
41 52 89 61 88 64 70 59 68 60
7 10 7 9 9 8 6 6 8 7
35 23 47 48 47 56 60 27 32 43
50 50 50 50 50 50 50 50 50 50
1 2 1 2 2 2 1 1 2 1
8 12 8 11 11 10 7 7 9 8
30 30 30 30 30 30 30 30 30 30
52 79 53 74 70 64 45 48 60 56
6 5 9 4 4 5 10 6 8 5
2 -1 2 -3 -2 -1 2 0 -5 2
51 96 78 40 69 45 89 52 70 51
44 71 83 53 44 57 57 56 93 54
-16 -1 -9 26 -3 18 -15 -10 13 16
14 10 93 32 11 4 39 9 13 10
65 49 62 58 59 96 69 92 72 66
62 61 53 86 62 44 85 97 48 54
27 48 44 25 40 40 47 21 49 38
2 3 2 3 3 2 2 2 2 2
27 46 23 34 21 38 30 50 47 28
70 94 94 55 49 68 100 68 73 51
7 5 6 6 6 10 7 9 7 7
131 198 132 185 175 160 113 120 150 139
25 25 47 25 25 51 99 25 65 25
45 36 30 25 37 41 34 27 30 33
9 6 7 9 10 5 8 9 8 9
14 14 14 20 12 12 16 12 13 14
4 6 5 6 8 6 4 7 8 4
11 16 10 10 15 16 12 17 16 14
4 5 6 6 4 8 4 5 8 8
20 17 18 14 17 15 13 17 10 17
4 7 8 5 4 6 6 6 9 5
177 176 179 199 188 200 193 179 182 194
7 6 8 6 4 8 4 8 4 6
-2 -1 1 0 0 -1 1 0 -1 -1
39 43 40 42 38 44 36 33 40 47
in million in million in million in million in million in million in million in million in million in million
14 21 10 15 22 10 18 25 10 15
5 2 3 2 4 4 4 4 2 5
2 5 2 5 4 4 3 5 3 3
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
103 103 116 116 101 104 106 108 102 103
1 1 3 1 2 1 1 1 2 3
1 1 2 3 1 3 3 1 2 3
0 0 2 0 1 2 2 3 1 3
COMPANY 28 COMPANY 29 COMPANY 30 COMPANY 31
n million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2020 2018 2019 2020 2018 2019 2020 2018 2019 2020
36 25 20 36 29 44 50 34 40 39
10 11 11 14 10 18 16 16 15 18
25 25 48 48 80 56 66 50 48 59
25 35 50 55 46 50 43 50 51 48
33 26 28 46 24 48 38 30 46 40
41 43 90 49 57 85 76 51 89 62
40 30 40 46 50 47 42 60 50 59
14 12 22 29 24 20 29 10 15 18
79 78 59 73 78 45 99 93 93 60
5 6 6 7 5 9 8 8 7 9
35 55 48 41 34 57 34 35 44 52
50 50 50 50 50 50 50 50 50 50
1 1 1 1 1 2 2 2 1 2
6 7 7 8 6 11 10 9 9 11
30 30 30 30 30 30 30 30 30 30
41 44 45 54 41 71 64 62 58 70
6 6 5 10 5 7 10 6 9 7
-5 -3 4 -5 -2 -5 -5 1 -1 4
41 85 40 56 57 95 78 95 64 61
65 57 68 96 84 63 50 87 54 81
-15 20 17 0 19 9 -5 -19 26 -11
21 3 25 14 19 25 40 98 27 4
67 68 68 77 79 97 65 58 50 92
58 47 98 68 96 49 83 76 49 86
38 40 39 43 23 45 21 31 21 31
2 2 2 2 2 3 2 2 2 3
24 30 44 49 44 40 27 48 40 49
48 51 51 71 40 54 62 99 95 65
7 7 7 8 8 10 7 6 5 9
102 110 112 135 103 177 160 156 145 175
25 70 83 72 56 42 66 56 72 92
26 36 49 25 34 46 20 27 26 30
8 8 8 4 7 10 9 10 9 5
16 11 19 15 10 19 14 13 11 15
8 8 7 8 5 8 4 6 4 5
16 18 14 17 19 16 17 13 10 13
4 5 4 8 6 4 6 8 4 8
16 20 11 16 20 10 11 12 12 11
7 6 7 10 8 6 5 9 5 8
198 210 175 185 181 177 194 189 181 193
5 7 6 8 5 7 6 7 8 6
-2 -2 1 0 -1 0 0 -1 0 0
28 40 27 23 36 27 48 26 41 26
in million in million in million in million in million in million in million in million in million in million
23 10 14 20 10 16 21 10 16 24
4 2 3 5 4 3 4 3 3 2
5 2 3 3 2 2 4 3 5 3
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
101 108 104 102 105 112 111 101 117 104
2 3 2 2 2 3 2 2 1 3
1 2 2 1 3 1 2 3 3 1
2 0 1 0 2 2 2 0 1 0
 COMPANY 32 COMPANY 33 COMPANY 34 COMPANY 35
in million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2018 2019 2020 2018 2019 2020 2018 2019 2020 2018
28 38 35 26 26 23 37 45 48 35
13 19 14 11 11 17 19 12 10 17
79 75 70 63 44 25 60 77 51 58
41 51 47 60 51 43 54 48 47 35
41 24 34 40 39 28 21 39 36 29
98 66 81 93 70 44 57 98 94 83
41 43 57 40 51 56 41 50 52 49
25 21 24 24 24 25 11 30 25 16
77 82 81 93 60 77 94 89 41 60
6 10 7 6 5 8 9 6 5 8
27 26 29 27 30 45 39 41 35 49
50 50 50 50 50 50 50 50 50 50
1 2 1 1 1 2 2 1 1 2
8 11 9 7 6 10 11 7 6 10
30 30 30 30 30 30 30 30 30 30
50 76 57 46 43 67 75 48 42 67
6 9 6 8 5 6 8 8 5 5
-2 -5 5 -5 5 -2 -1 2 0 -1
97 81 89 48 47 59 82 89 43 51
66 98 58 46 83 87 96 48 85 73
30 25 1 17 4 -20 19 -14 4 0
68 10 56 24 17 22 119 40 4 5
100 82 73 96 96 61 86 69 98 77
86 52 75 84 73 48 90 57 84 42
32 42 42 28 38 23 38 28 32 35
2 3 2 2 2 3 3 2 2 3
36 46 40 41 49 32 40 20 48 44
61 52 74 76 95 43 82 94 44 66
10 8 7 10 10 6 9 7 10 8
125 191 143 114 107 167 188 119 104 168
81 53 58 81 87 64 56 81 95 60
42 22 20 25 42 34 47 46 27 26
10 9 9 5 8 7 4 4 10 8
12 18 19 18 15 15 13 15 12 14
8 6 5 8 8 7 6 6 5 4
17 17 12 14 10 15 10 18 13 18
7 8 6 4 4 4 7 6 4 8
20 11 11 20 17 16 12 12 16 12
7 10 6 5 8 9 10 5 9 7
196 199 183 193 196 196 189 179 176 192
5 8 7 7 4 8 4 6 8 8
-2 -1 -2 -1 1 1 1 0 1 -1
34 45 31 35 28 22 26 41 22 32
in million in million in million in million in million in million in million in million in million in million
10 20 27 10 15 22 10 17 24 10
5 3 3 2 2 4 2 3 4 5
5 4 5 3 5 5 5 4 3 3
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
100 117 111 116 114 111 106 111 110 119
3 1 2 1 3 1 1 3 2 3
1 1 1 2 1 1 3 1 1 3
0 1 1 3 1 3 1 3 0 3
COMPANY 35 COMPANY 36 COMPANY 37 COMPANY 38
in million (Rs.) in million (Rs.) in million (Rs.) in million (Rs.)
2019 2020 2018 2019 2020 2018 2019 2020 2018 2019
22 25 23 30 32 29 25 24 25 28
17 13 18 13 20 15 15 19 13 13
43 25 25 25 43 43 40 25 55 45
47 25 25 25 59 42 47 25 25 48
34 29 31 39 27 50 42 28 47 50
71 51 48 40 59 80 92 42 58 82
60 44 57 42 45 57 60 25 25 53
20 26 18 29 13 21 24 28 26 27
82 68 48 41 52 74 57 52 98 79
8 6 9 7 10 8 8 9 7 6
24 53 38 35 23 41 30 58 38 30
50 50 50 50 50 50 50 50 50 50
2 1 2 1 2 2 2 2 1 1
10 8 11 8 12 9 9 11 8 8
30 30 30 30 30 30 30 30 30 30
68 50 71 52 79 62 60 74 52 52
7 4 4 6 5 10 7 7 4 8
0 -1 -5 2 -1 0 -2 0 4 -3
51 42 43 51 96 90 86 79 92 90
63 41 61 44 71 72 54 45 48 93
-3 24 0 -16 -1 13 13 -7 17 4
3 10 7 14 10 52 78 48 10 85
59 70 54 65 49 53 80 88 55 76
95 59 95 62 61 46 68 91 40 81
24 36 34 27 48 42 21 30 44 32
3 2 3 2 3 2 2 3 2 2
30 47 35 27 46 22 47 43 46 41
46 41 59 70 94 70 73 40 58 92
6 7 5 7 5 5 8 9 6 8
169 125 178 131 198 154 151 185 130 129
46 25 25 25 25 52 52 91 72 91
45 50 43 45 36 41 20 30 25 27
4 7 5 9 6 9 8 5 5 6
12 11 14 14 14 18 19 14 16 15
8 7 8 4 6 7 5 4 8 7
20 20 14 11 16 14 13 16 19 19
8 4 4 4 5 7 6 7 8 7
12 16 20 20 17 14 19 14 10 12
6 4 6 4 7 7 5 5 5 9
193 178 178 177 176 179 179 185 195 185
4 6 5 7 6 7 4 4 8 8
0 -2 1 -2 -1 -1 1 -1 1 -1
43 28 46 39 43 24 23 45 26 49
in million in million in million in million in million in million in million in million in million in million
18 23 10 14 21 10 18 24 10 15
2 3 2 5 2 5 3 5 2 4
3 2 2 2 5 3 3 3 3 4
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
109 120 109 103 103 117 106 118 106 100
1 1 1 1 1 3 2 2 2 2
2 1 2 1 1 2 1 2 3 1
3 1 0 0 0 3 0 2 0 3
COMPANY 38 COMPANY 39 COMPANY 40
n million (Rs.) in million (Rs.) in million (Rs.)
2020 2018 2019 2020 2018 2019 2020
47 34 40 39 28 38 35
16 16 15 18 13 19 14
25 50 48 59 79 75 70
35 50 51 48 41 51 47
40 30 46 40 41 24 34
40 51 89 62 98 66 81
57 60 50 59 41 43 57
10 10 15 18 25 21 24
42 93 93 60 77 82 81
8 8 7 9 6 10 7
21 35 44 52 27 26 29
50 50 50 50 50 50 50
2 2 1 2 1 2 1
10 9 9 11 8 11 9
30 30 30 30 30 30 30
64 62 58 70 50 76 57
5 6 9 7 6 9 6
2 1 -1 4 -2 -5 5
64 95 64 61 97 81 89
64 87 54 81 66 98 58
-16 -19 26 -11 30 25 1
3 98 27 4 68 10 56
97 58 50 92 100 82 73
97 76 49 86 86 52 75
29 31 21 31 32 42 42
2 2 2 3 2 3 2
25 48 40 49 36 46 40
46 99 95 65 61 52 74
10 6 5 9 10 8 7
161 156 145 175 125 191 143
58 56 72 92 81 53 58
41 27 26 30 42 22 20
8 10 9 5 10 9 9
11 13 11 15 12 18 19
5 6 4 5 8 6 5
19 13 10 13 17 17 12
5 8 4 8 7 8 6
15 12 12 11 20 11 11
6 9 5 8 7 10 6
177 189 181 193 196 199 183
8 7 8 6 5 8 7
-2 -1 0 0 -2 -1 -2
28 26 41 26 34 45 31
in million in million in million in million in million in million in million
23 10 16 24 10 20 27
3 3 3 2 5 3 3
2 3 5 3 5 4 5
Rs. Rs. Rs. Rs. Rs. Rs. Rs.
101 101 117 104 100 117 111
3 2 1 3 3 1 2
1 3 3 1 1 1 1
1 0 1 0 0 1 1