Ratio Formular

Return on Equity ROE = Net Income (PAT)/ Shareholders’ Equity

ROCE=EBIT/Total Assets-Total Current Liability

Return on capital Employed
ROCE=EBIT/Shareholder's Equity + Long Term Liability

Return on Assets ROA = Net Income / Average Assets

Net Profit Margin NPA=Net Profit/Sales*100

Gross Profit Margin GPM=Gross Profit/Net Sale*100

Return on Asset
ROA=PAIT/Total Assets

ROSF ROSF=PAT/Equity

PBT as a % of Revenue
PAT as a % of Revenue
Earnings Per Share (Rs.)
Dividend Per Share (Rs.)
Net Assets Per Share (Rs.)
Return on Capital Employed

Revenue
Gross Profit
Profit from Operating Activities
Finance Expenses
Profit Before Taxation
Income Tax Expense
Profit for the Year

Earnings Per Share (Rs.)

Non-Current Assets
Current Assets
Equity
Stated Capital
Non-Current Liabilities
Non-Current Provisions 21
Non-Current Financial Liabilities 22
Non-Current Financial Liabilities 22.1
Current Liabilities
Current Financial Liabilities 22.2
Current Financial Liabilities 17
 Year
Workings
2017 2018 2019

75.73% 61.86% 46.57%

9.67% 9.34% 7.06%

34.78% 37.10% 32.85%

23.3% 19.7% 15.2%

75.73% 61.86% 46.57%

2017 2018 2019

12.60% 13.20% 10.40%
9.70% 9.30% 7.10%
67.67 64.88 47.76
50 50 47.5
89.36 104.89 102.55
77.60% 55.20% 44.10%

37,601,472 37,336,943 36,355,084

13,075,987 13,850,401 11,941,069
4,887,982 5,147,381 4,088,871
-183,360 -251,530 -355,940
 4,734,672 4,941,457 3,769,894
-1,098,831 -1,455,656 -1,203,911
3,635,841 3,485,801 2,565,983

67.67 64.88 47.76

8,170,221 10,237,243 9,755,655
7,406,314 7,421,563 7,114,904
4,801,035 5,635,156 5,509,609
537,255 537,255 537,255
1,495,708 3,688,838 3,771,842
190,220 289,459 421,434
11,894 2,007,954
1,984,029
9,279,792 8,334,812 7,589,108
987,577
2,592,200 1,524,174
 2020 2021

49.66%

Return on Capital Ratio Formula = Net Operating Income (EBIT) / Capi

7.78%

32.27%

15.3%

49.66%

2020
11.30%
7.80%
54.85
55
110.45
56.10%

37,866,215
12,219,021
4,496,906
-272,155
 4,263,921
-1,317,038
2,946,883

54.85
9,269,803
9,941,876
5,933,783
537,255
2,083,788
524,089

84,460
11,194,108
2,053,756
erating Income (EBIT) / Capital Employed EBIT ( Earnings Before Interest and Taxes ) – It can be calculated by add
can be calculated by adding taxes and interest back into net profit. Capital employed (Total Assets – Current Liabiliti
Assets – Current Liabilities ) – Capital employed
 Ratio Formular

Return on Equity ROE = Net Income (PAT)/ Shareholders’ Equity

ROCE=EBIT/Total Assets-Total Current Liability

Return on capital Employed
ROCE=EBIT/Shareholder's Equity + Long Term Liability

Return on Assets ROA = Net Income / Average Assets

Net Profit Margin NPA=Net Profit/Sales*100

Gross Profit Margin GPM=Gross Profit/Net Sale*100

Return on Asset
ROA=PAIT/Total Assets

ROSF ROSF=PAT/Equity

Revenue
Gross Profit
Operating Profit
Net Finance Income
Pro it before tax
Income tax expense
Profit for the year
Finance expenses 7.2
Earnings per share

Total non-current assets

Total current assets
Equity
Stated capital
Total non-current liabilities
Lease creditor 25 NCL
Related party payables 24
Total current liabilities
Lease creditor 25
Related party payables 24

Net debt to equity ratio

 Year
Workings
2017 2018 2019 2020

16.07% 18.53% 10.87%

6.07% 6.89% 4.18%

20.16% 19.31% 19.82%

11.19% 14.53% 7.91%

16.07% 18.53% 10.87%

2017 2018 2019 2020

3,131,674,621 3,626,418,360 3,652,268,411
631,426,641 700,409,715.00 723,815,924
258,811,067.00 286,100,304.00 214,604,825
1,365,012 23,668,136 246,147,285
227,309,226 260,176,079 309,768,440 246,147,285
-70,126,562 -59,838,063 -93,564,538
186,619,472 190,049,517.00 249,930,377.00 152,582,747
-7,234,115 -1,447,979
 99 130.19 79.49

2017 2018 2019 2020

829,443,949 811,752,107 929,356,928
868,951,730 908,674,934 1,000,099,660
1,076,714,576 1,182,473,311 1,348,544,929 1,403,465,471
105,578,000 105,578,000 105,578,000
142,660,484 136,634,990 151,505,440
440,479
4,257,289
373,261,884 235,247,122 374,485,677
155,027
77,000,000

0.18 0.28
 2021

12.01%

Return on Capital Ratio Formula = Net Operating Income (EBIT) / Capital Employed EB

5.02%

20.05%

8.19%

12.01%

2021
3,531,604,786
708,131,764
172,314,986
190,195,052
190,195,052
-13,056,191
177,138,861
-6,517,530
 92.28

2021
999,037,102
1,163,517,193
1,474,922,772
105,578,000
206,732,605
55,777,120

480,898,918
11,629,180
BIT) / Capital Employed EBIT ( Earnings Before Interest and Taxes ) – It can be calculated by adding taxes and inter
by adding taxes and interest back into net profit. Capital employed (Total Assets – Current Liabilities ) – Capital emp
Liabilities ) – Capital employed
 GP Ratio
Harischandra
2017 2018 2019
Revenue 3,003,823,937 3,178,556,180 3,676,070,725
cos -2,408,376,249 -2,500,247,980 -2,926,008,645
GP 595,447,688 678,308,200 750,062,080
GP Ratio 19.8229889796634 21.340135633532 20.40390776214

nestel
2017 2018 2019
Revenue 37,601,472 37,336,943 36,355,084
GP 13,075,987 13,850,401 11,941,069

GP Ratio 34.7751997581371 37.095701702199 32.84566472189

NP Ratio
Harischandra
2017 2018 2019
Revenue 3,003,823,937 3,178,556,180 3,676,070,725
NP 186,619,472 190,049,517.00 249,930,377.00

NP Ratio 6.21273003724652 5.9791146117166 6.798845715897

nestel
2017 2018 2019
Revenue 37,601,472 37,336,943 36,355,084
NP 3,635,841 3,485,801 2,565,983

NP Ratio 9.66941134644942 9.3360642835703 7.058113247655

ROCE
Harischandra
2017 2018 2019
Finance Expenses -27,976,144 -20,501,428 -7,234,115
Profit Before Taxation 227,309,226 260,176,079 309,768,440

Profit Betore Taxation& interest 199,333,082 239,674,651 302,534,325

Capital employed 1,076,714,576 1,182,473,311 1,348,544,929
Non-Current Financial Liabilities
Current Financial Liabilities
ROCE Ratio 18.5130847527414 20.268926898427 22.43413018685
nestel
2017 2018 2019
Finance Expenses 183,360 251,530 355,940
Profit Before Taxation 4,734,672 4,941,457 3,769,894

Profit Betore Taxation& interest 4,918,032 5,192,987 4,125,834

Capital employed 4,801,035 5,635,156 5,509,609
Non-Current Financial Liabilities 11,894 2,007,954 1,984,029
Current Financial Liabilities 2,592,200 1,524,174 987,577
ROCE Ratio 66.4138599070995 56.646952357972 48.64673280892

ROE
Harischandra
2017 2018 2019
Profit for the year 186,619,472 190,049,517.00 249,930,377.00
Equity 1,076,714,576 1,182,473,311 1,348,544,929
17.3323066446534 16.072203510393 18.5333370528

nestel
2017 2018 2019
Profit for the year 3,635,841 3,485,801 2,565,983
Equity 4,801,035 5,635,156 5,509,609
76 62 47
 2020
3,686,440,071
-2,928,452,487
757,987,584
20.56150566404

2020
37,866,215
12,219,021

32.26892627108

2020
3,686,440,071
152,582,747

4.139026921943

2020
37,866,215
2,946,883

7.782354270159

2020
-1,447,979
246,147,285

244,699,306
1,403,465,471

17.43536346681
 2020
272,155
4,263,921

4,536,076
5,933,783
84,460
2,053,756
56.1952002224

2020
152,582,747
1,403,465,471
10.8718561413

2020
2,946,883
5,933,783
50