Income Statement 2012-13 2013-14 2014-15

Sales
Cash 200 480 800
Credit 1800 4320 7200
Total Sales 2000 4800 8000
Cost of Goods Sold 1240 2832 4800
Gross Profit 760 1968 3200
Operating Expenses
General, Administation,and selling expenses 80 450 1000
Depreciation 100 400 660
Interest Expenses (on borrowings) 60 158 340
Total Expenses 240 1008 2000
Profit before tax (PBT) 520 960 1200
Tax @30% 156 288 360
Profit after tax (PAT) 364 672 840
Profit before interest and tax (PBIT) 580 1118 1540

Ratio Analysis for Company 2012-13 2013-14 2014-15

Current Ratio 2.54 1.79 1.60
Quick Ratio 1.31 0.93 0.79
Receivables Turnover 5.33 4.44
Inventory Turnover 5.27 4.27
Receivables Days 68.44 82.13
Inventory Days 69.20 85.55
Debt-to-Equity Ratio 0.61 0.77 1.25
Net Profit Ratio 18.20 14.00 10.50
Return on Equity 48.00 46.67
Return on Total Assets 16.47 11.39
Interest Coverage Ratio 9.67 7.08 4.53
Balance Sheet 2012-13 2013-14 2014-15
Assets
Fixed assets (net of depreciation) 1900 2500 4700

Current assets
Cash and cash equivalents 40 100 106
Accounts receivable 300 1500 2100
Inventories 320 1500 2250
Total Current Assets 660 3100 4456
Total Assets 2560 5600 9156

Equity & Liabilities

Equity share capital (shares of Rs 10 each) 1200 1600 2000
Reserve & Surpulus 364 1036 1876
Long-term borrowings 736 1236 2500
Current liabilities 260 1728 2780
Total Liabilities 2560 5600 9156
Ratio Analysis for Industry Ratio Analysis for Anandam 2015
Current Ratio 2.3 Current Ratio 1.6
Quick Ratio 1.2 Quick Ratio 0.79
Receivables Turnover 7 times Receivables Turnover 4.44 times
Inventory Turnover 4.85 times Inventory Turnover 4.27 times
Receivables Days 52 days Receivables Days 82.13
Inventory Days 75 days Inventory Days 85.55
Debt-to-Equity Ratio 35% Debt-to-Equity Ratio 125%
Net Profit Ratio 18% Net Profit Ratio 10.50%
Return on Equity 22% Return on Equity 46.67%
Return on Total Assets 10% Return on Total Assets 11.39%
Interest Coverage Ratio 10 Interest Coverage Ratio 4.53