Finance >>Profit & Loss IND>>Britannia Industries Ltd

Year 202203 202103 202003 201903 201803

Revenue From Operations(Net) 13,371.62 12,378.83 10,986.68 10,482.45 9,304.06
Other Income 359.43 292.7 335.43 190.52 155.93
Total Revenue 13,731.05 12,671.53 11,322.11 10,672.97 9,459.99
EXPENSES:
Cost of Material Consumed 6,366.31 5,509.69 5,052.67 4,944.77 4,405.17
Purchases of Stock-in-Trade 2,183.41 1,908.50 1,543.55 1,381.88 1,372.46
Changes in Inventories of Finished Goods, Work-in-
Progress and Stock-in-Trade -73.96 -43.22 61.51 -49.02 -4.18
Employee Benefits / Salaries & other Staff Cost 413.56 402.85 368.87 321.64 294.87
Finance Cost 133.46 97.81 65.17 1.54 1.45
Depreciation and Amortization 170.01 166.77 151.69 135 119.76
Other Expenses 2,393.14 2,249.69 2,189.39 2,221.05 1,825.26
Total Expenses 11,585.93 10,292.09 9,432.85 8,956.86 8,014.79
Profit Before Exceptional Items and Tax 2,145.12 2,379.44 1,889.26 1,716.11 1,445.20
Exceptional Items Before Tax 0 0 19 0 0
Profit Before Extraordinary Items and Tax 2,145.12 2,379.44 1,908.26 1,716.11 1,445.20
Profit Before Tax 2,145.12 2,379.44 1,908.26 1,716.11 1,445.20
Tax Expenses 541.93 619.41 423.96 593.91 497.31
Current Tax 590.36 622.53 416.86 581.36 499.56
Deferred Tax -48.43 -3.12 7.1 12.55 -2.25
Profit After Tax 1,603.19 1,760.03 1,484.30 1,122.20 947.89
Profit After Pre-acquisition Profit 1,603.19 1,760.03 1,484.30 1,122.20 947.89
Profit/(Loss) for the period from Continuing
Operations 1,603.19 1,760.03 1,484.30 1,122.20 947.89
Profit Attributable to Shareholders 1,603.19 1,760.03 1,484.30 1,122.20 947.89
Profit Attributable to Ordinary Shareholders 1,603.19 1,760.03 1,484.30 1,122.20 947.89
Profits Available for Appropriation 1,603.19 1,760.03 1,484.30 1,122.20 947.89
Unappropriated Profits Carried Forward 1,603.19 1,760.03 1,484.30 1,122.20 947.89
Other Comprehensive Income :
Other Comprehensive Income That Will Not Be
Reclassified to Profit Or Loss 0.49 2.42 -4.59 -2.09 -0.38
Total Comprehensive Income for the Year 1,603.68 1,762.45 1,479.71 1,120.11 947.51
Earning Per Share - Basic 66.56 73.12 61.75 46.71 39.48
Earning Per Share - Diluted 66.56 73.09 61.73 46.68 39.46
Dividend Per Share
Total Dividend Per Share 56.5 157.5 35 15 25
Dividend Percentage
Total Dividend Percentage 5,650.00 15,750.00 3,500.00 1,500.00 1,250.00
Total Dividend 1,360.91 3,793.68 841.64 360.48 300.14

Weighted Average Number of Shares in Issue - Basic 24.09 24.07 24.04 24.02 24.01
 Year 202203 202103 202003 201903 201803
ASSETS
Non-Current Assets:
Fixed Assets 1,878.28 1,480.22 1,463.31 1,356.38 1,216.56
Property, Plant and Equipment 1,327.41 1,360.02 1,416.02 1,283.85 1,008.31
Capital Work in Progress 535.27 111.66 38.92 64.91 200.28
Intangible Assets 15.6 8.54 8.37 7.62 7.97
Non-current Investments
Investment Properties 34.42 35.28 36.14 36.13 14.99
Investments in Subsidiaries, Associates and Joint
venture 391.3 397.3 376.3 325.87 236.18
Financial Assets :
Investments of Life Insurance Business 0 0 0 0 0
Investments - Long-term 830.31 1,260.08 1,882.81 725.1 214.47
Loans - Long - Term 100 58 192.03 15.55 86.74
Others Financial Assets - Long-term 13.13 13.61 1.2 1 0
Non Current Tax Assets - Long - Term 27.54 55.68 59.31 29.52 14.07

Other Non-current Assets 94.33 101.13 37.09 93.15 68.09

Deferred Tax Assets (Net) 40.58 0 0 0 8.68
Total Reported Non-current Assets 3,409.89 3,401.30 4,048.19 2,582.70 1,859.78

Current Assets:

Inventories 1,251.64 991.28 633.53 718.89 594.58

Financial Assets :
Current Investments 802.5 1,292.96 882.06 594.7 735.48
Trade Receivables 253.85 198.36 242.23 350.96 230.32
Cash and Cash Equivalents 9.97 77.58 21.76 24.73 88.91

Bank Balances Other Than Cash and Cash Equivalents 42.32 33.22 17.4 15.75 8.34
Loans - Short-term 698 941.09 1,075.73 1,121.41 820.41
Others Financial Assets - Short-term 426.37 388.5 227.88 119.54 98.51
Other Current Assets 108.41 91.72 104.56 124.29 190.97
Total Current Assets 3,593.06 4,014.71 3,205.15 3,070.27 2,767.52

Total Non-Current and Other Assets 3,409.89 3,401.30 4,048.19 2,582.70 1,859.78

Total Assets 7,002.95 7,416.01 7,253.34 5,652.97 4,627.30

EQUITY AND LIABILITIES

Share Capital 24.09 24.09 24.05 24.03 24.01

Number of Total Bonus Shares Issued upto Current
period 10.97 10.97 10.97 10.97 10.97
Number of Equity Shares - Paid Up 24.09 24.09 24.05 24.03 12.01
Paid Up Capital 24.09 24.09 24.05 24.03 24.01

Other Equity 2,378.45 3,295.44 4,250.60 4,015.42 3,211.27

Total Stockholders’ Equity 2,402.54 3,319.53 4,274.65 4,039.45 3,235.28

Total Equity 2,402.54 3,319.53 4,274.65 4,039.45 3,235.28

Non-Current Liabilities:
Long Term Borrowings 698.52 720.95 722.13 0.26 0.3
Others Financial Liabilities - Long-term 52.39 44.69 30.53 27.03 24.97
Deferred Tax Liabilities (Net) 0 7.85 10.97 3.87 0
Other Non-Current Liabilities 0 0 0 0 0.72
Total Reported Non-current Liabilities 750.94 774.09 763.63 31.16 25.99

Current Liabilities:

Short Term Borrowings 758.67 1,075.70 479.99 0 9.01

Trade Payables 1,156.62 1,189.53 886.7 1,032.54 866.36
Others Financial Liabilities - Short-term 1,308.80 500.7 414.63 205.17 182.62
Current Tax Liabilities - Short-term 59.56 61.7 43.63 70.59 54.23
Provisions 451.16 365.63 251.98 188.52 171.05
Other Current Liabilities 114.09 128.36 138.13 85.54 82.76
Total Current Liabilities 3,849.47 3,322.39 2,215.06 1,582.36 1,366.03

Total Equity and Liabilities 7,002.95 7,416.01 7,253.34 5,652.97 4,627.30

Contingent Liabilities and Commitments (to the Extent

Not Provided for) 781.9 763.23 193.29 472.26 430.91
Book Value of Share 99.74 137.82 177.76 168.09 269.47

Year 202203 202103 202003 201903 201803

Cash Flow Summary

Cash and Cash Equivalents at Beginning of the year 76.29 20.22 23.13 66.84 11.31
Net Cash from Operating Activities 1,206.09 1,791.56 1,659.68 1,113.65 1,182.58
Net Profit before Tax & Extraordinary Items 2145.12 2379.44 1908.26 1716.11 1445.2
Depreciation 170.01 166.77 151.69 135 119.76
Interest (Net) -38.51 -121.71 -103.5 -126.96 -101.52
Dividend Received -146.33 0 -66.47 0 0
P/L on Sales of Assets -1.03 -0.09 -0.17 -1.16 -0.45
P/L on Sales of Invest 0 0 0 0 0
Prov. & W/O (Net) 0 0 -19 0 0
 P/L in Forex 0 0 0 0 0
Fin. Lease & Rental Chrgs 0 0 0 0 0
Others -22.06 -41.81 -59.84 -36.97 -38.94
Total Adjustments (PBT & Extraordinary Items) -37.92 3.16 -97.29 -30.09 -21.15
Op. Profit before Working Capital Changes 2107.2 2382.6 1810.97 1686.02 1424.05
Trade & 0th receivables -55.49 43.87 108.73 -120.64 -103.91
Inventories -260.36 -357.75 85.36 -124.31 8.03
Trade Payables 37.04 476.09 157.18 205.51 252.73
Loans & Advances -57.78 -151.57 0 0 0
Investments 0 0 0 0 0
Net Stock on Hire 0 0 0 0 0
Leased Assets Net of Sale 0 0 0 0 0
Trade Bill(s) Purchased 0 0 0 0 0
Change in Borrowing 0 0 0 0 0
Change in Deposits 0 0 0 0 0
Others 0 0 -30.26 46.4 86.16
Total (OP before Working Capital Changes) -336.59 10.64 321.01 6.96 243.01
Cash Generated from/(used in) Operations 1770.61 2393.24 2131.98 1692.98 1667.06
Interest Paid(Net) 0 0 0 0 0
Direct Taxes Paid -564.52 -601.68 -472.3 -579.33 -484.48
Advance Tax Paid 0 0 0 0 0
Others 0 0 0 0 0
Total-others -564.52 -601.68 -472.3 -579.33 -484.48
Cash Flow before Extraordinary Items 1206.09 1791.56 1659.68 1113.65 1182.58
Excess Depreciation W/b 0 0 0 0 0
Premium on Lease of land 0 0 0 0 0
Payment Towards VRS 0 0 0 0 0
Prior Year 's Taxation 0 0 0 0 0
Gain on Forex Exch. Tran 0 0 0 0 0
Others 0 0 0 0 0
Net Cash Used in Investing Activities 930.63 486.16 -1,568.34 -831.1 -822.78
Purchased of Fixed Assets -542.21 -228.56 -225.05 -314.39 -391.98
Sale of Fixed Assets 1.7 0.28 0.68 1.82 2.39
Capital Expenditure 0 0 0 0 0
capital WIP 0 0 0 0 0
Capital Subsidy Recd 0 0 0 0 0
Purchase of Investments 0 0 -1363.65 -316.76 -512.44
Sale of Investments 947.07 272.58 0 0 0
Investment Income 0 0 0 0 0
Interest Received 185.95 230.68 114.64 113.13 107.5
Dividend Received 140.22 0 66.47 0 0
Invest.In Subsidiaires 0 0 -31.43 -89.69 -26.2
Loans to Subsidiaires 0 0 0 0 0
Investment in Group Cos 0 0 0 0 0
Issue of Sh. on Acqu. of Cos 0 0 0 0 0
Canc. of Invest. in Cos Acq. 6 0 0 0 0
Acquisition of Companies 0 -21 0 0 0
Inter Corporate Deposits 201 248 -130 -225.21 -91
Others -9.1 -15.82 0 0 88.95
Net Cash Used in Financing Activities -2,211.71 -2,221.65 -94.25 -326.26 -304.27

Proceeds from Issue of shares (incl share premium) 0 103.15 23.97 29.79 15.06
Proceed from Issue of Debentures 698.52 0 720.95 0 0
Proceed from 0ther Long Term Borrowings 650 1531.47 474.4 0.15 0
Proceed from Bank Borrowings 0 0 0 0 0
Proceed from Short Tem Borrowings 0 0 0 0 0
Proceed from Deposits 0 0 0 0 0
Share Application Money 0 0 0 0 0
Cash/Capital Investment Subsidy 0 0 0 0 0
Loans from a Corporate Body 0 0 0 0 0
Share Application Money Refund 0 0 0 0 0
On Redemption of Debenture 0 0 -867.79 0 0
Of the Long Tem Borrowings -966.29 -943.24 0 0 0
Of the short term Borrowings 0 0 0 0 0
Of financial Liabilities -0.77 -0.81 -0.44 0 0
Dividend Paid -2484.88 -2823.75 -420.23 -354.38 -317.38
Shelter Assistance Reserve 0 0 0 0 0
Interest Paid -108.29 -88.47 -25.11 -1.82 -1.81
Others 0 0 0 0 -0.14
Net Inc/(Dec) in Cash and Cash Equivalent -74.99 56.07 -2.91 -43.71 55.53
Cash and Cash Equivalents at End of the year 1.3 76.29 20.22 23.13 66.84
es Ltd
201703 201603
8,414.37 7,731.70
144.78 119.83
8,559.15 7,851.53
Ind As
4,342.78 3,812.06
904.78 833.01

-49.25 -7.12
241.68 216.24
1.34 1.25
96.43 87.79
1,770.23 1,759.17
7,307.99 6,702.40
1,251.16 1,149.13 2,145.12
0 0
1,251.16 1,149.13
1,251.16 1,149.13
407.47 385.82
390.2 384.22
17.27 1.6
843.69 763.31
843.69 763.31

843.69 763.31
843.69 763.31
843.69 763.31
843.69 763.31
843.69 763.31

-0.24 -0.25
843.45 763.06
70.31 63.63
70.3 63.61

22 20 1361.085 3791.025 841.4 360.3 600.25

1,100.00 1,000.00
264 239.95

12 12
201703 201603 201503 201403 201303

853.84 716.29 574.16 642.88 580.12

812.47 628.47 513.24 529.81 437.76
29.77 74.5 48.22 97.22 128.44
11.6 13.32 12.7 15.85 13.92

15.25 0- - -

209.98 198.17 - - -

0 0- - -
304.2 366.2 - - -
116.52 258.01 - - -
12.12 37.57 - - -
16.58 16.4 - - -

156.34 51.4 - - -
6.43 23.7 21.11 0 0
1,691.26 1,667.74 1,032.68 984.38 967.65

602.61 384.2 345.74 366.86 331.49

85.73 356.96 387.9 144.04 45.5

126.41 106.88 70.98 53.69 77.12
21.23 19.96 - - -

32.32 5.85 - - -
791.94 426.12 - - -
78.28 17.78 - - -
266.36 114.48 - - -
2,004.88 1,432.23 1,429.31 860.06 715.38

1,691.26 1,667.74 1,032.68 984.38 967.65

3,696.14 3,099.97 2,461.99 1,844.44 1,683.03

24 24 23.99 23.99 23.91

10.97 10.97 10.97 10.97 10.97

 12 12 11.99 11.99 11.95
24 24 23.99 23.99 23.91

2,557.98 1,992.03 1,215.20 833.75 617.32

2,581.98 2,016.03 1,239.19 857.74 643.52

2,581.98 2,016.03 1,239.19 857.74 643.52

0.44 0.49 0.73 0.34 0.41

22.86 21.09 - - -
0 0 0 9.16 13.62
1.44 2.15 - - -
24.74 23.73 20.35 28.27 33.21

0 0 0 0 189.24
643.82 644.72 615.21 484.68 333.61
142.93 129.4 - - -
41.86 37.07 - - -
174.48 166.32 - - -
86.33 82.7 - - -
1,089.42 1,060.21 1,202.45 958.43 1,006.30

3,696.14 3,099.97 2,461.99 1,844.44 1,683.03

401.33 475.99 173.77 249.48 83.71

215.21 168.04 103.33 71.51 53.64
1770.61

1206.09
 Income Statement of NMDC Ltd Standalone (Crores)
Year 202203 202103 202003 201903
Revenue From Operations(Net) 25,881.73 15,370.05 11,698.79 12,152.15
Other Income 718.33 349.88 513.79 588.3
Total Revenue 26,600.06 15,719.93 12,212.58 12,740.45
Cost of Goods Sold -697.02 248.40 340.50 347.14
Cost of Material Consumed 503.48 410.21 394.33 426.36
Purchases of Stock-in-Trade 0 0 0 0
Changes in Inventories of Finished Goods, Work-in-Progress and-1,200.50 -161.81 -53.83 -79.22
Stock-in-Trade
Gross Profit 26,578.75 15,121.65 11,358.29 11,805.01
Total expenses 3,880.49 3,356.42 3,252.04 2,871.97
Employee Benefits / Salaries & other Staff Cost 1,333.68 1,081.81 1,046.83 1,036.75
Other Expenses 2,546.81 2,274.61 2,205.21 1,835.22
EBIDTA 22,698.26 11,765.23 8,106.25 8,933.04
Depreciation and Amortization 286.85 227.83 294.38 278.89
PBIT 22,411.41 11,537.40 7,811.87 8,654.15
Finance Cost 39.06 16.81 9.88 40.32
Exceptional Item before Tax 0 0 -96.44 0
Profit Before Tax 23,090.68 11,870.47 8,219.34 9,202.13
Tax Expenses 3321.72 2305.25 1741.25 2555.68
Current Tax 3,444.39 2,316.46 1,555.59 2,752.70
Deferred Tax -122.67 -11.21 185.66 -197.02
Profit After Tax 19,768.96 9,565.22 6,478.09 6,646.45
Profit Attributable to Ordinary Shareholders 19,768.96 9,565.22 6,478.09 6,646.45
Other Comprehensive Income :
Other Comprehensive Income 9.07 -56.09 -75.04 -0.13
Total Comprehensive Income for the Year 19,778.03 9,509.13 6,403.05 6,646.32
Earning Per Share - Basic 67.47 32.65 21.17 21.72
Total Dividend Per Share 14.74 7.76 5.29 5.52
Weighted Average Number of Shares in Issue - Basic 293 293 306 306
MPS 166.25 138.45 79.25 105.3
NIFTY 17670.75 14867.5 8660.25 11623.9

Balance Sheet of NMDC Ltd Standalone

Year 202203 202103 202003 201903
ASSETS
Non-Current Assets:
Fixed Assets 22,260.72 20,195.13 18,488.29 16,513.14
Property, Plant and Equipment 3,522.13 2,677.28 2,616.84 2,554.49
Capital Work in Progress 18,294.69 17,076.68 15,471.56 13,792.45
Intangible Assets 443.9 441.17 399.89 166.2
Non-current Investments 1396.7 1819.95 2547.79 1133.17
Investment Properties 34.42 35.28 36.14 36.13
Investments in Subsidiaries, Associates and Joint venture 391.3 397.3 376.3 325.87
Investments - Long-term 830.31 1,260.08 1,882.81 725.1
Loans - Long - Term 100 58 192.03 15.55
Others Financial Assets - Long-term 13.13 13.61 1.2 1
 Non Current Tax Assets - Long - Term 27.54 55.68 59.31 29.52
Other Non-current Assets 4,449.79 3,695.91 3,075.48 2,986.32
Deferred Tax Assets (Net) 530.95 408.28 397.06 582.73
Total Reported Non-current Assets 28,638.16 26,119.27 24,508.62 21,215.36

Current Investments 0 0 0 0

Inventories 2,164.90 921.72 723.51 666.17

Trade Receivables 2,954.30 2,139.89 2,223.71 1,424.51

Cash and Cash Equivalents 83.69 408.67 60.87 38.33

Bank Balances Other Than Cash and Cash Equivalents 7856.48 5397.34 2331.47 4569.39
Loans - Short-term 698 941.09 1,075.73 1,121.41
Others Financial Assets - Short-term 426.37 388.5 227.88 119.54
Other Current Assets 2,715.69 1,680.50 1,962.16 1,265.58

Total Current Assets 16,899.43 11,877.71 8,605.33 9,204.93

TOTAL ASSETS 45,537.59 37,996.98 33,113.95 30,420.29

EQUITY AND LIABILITIES

Shareholder's Fund 34,843.97 29,756.14 27,533.95 25,951.53
Share Capital 293.07 293.07 306.19 306.19

Other Equity 34,550.90 29,463.07 27,227.76 25,645.34

Non-Current Liabilities: 2916.35 1496.16 833.39 768.39

Long Term Borrowings 1,668.22 546.43 0 0

Others Financial Liabilities - Long-term 156.13 4.57 5.51 0

Deferred Tax Liabilities (Net) 0 0 0 0

Other Non-Current Liabilities 1,092.00 945.16 827.88 768.39

Current Liabilities: 8299.98 6095 3234.86 3337.82

Short Term Borrowings 1,815.13 1,448.04 565.57 364.15

Trade Payables 967.22 360.26 225.55 202.74

Others Financial Liabilities - Short-term 1,308.80 500.7 414.63 205.17

Current Tax Liabilities - Short-term 59.56 61.7 43.63 70.59
Provisions 14.39 98 222.47 41.26

Other Current Liabilities 4,134.88 3,626.30 1,763.01 2,453.91

Total Equity and Liabilities 46,060.30 37,347.30 31,602.20 30,057.74

Contingent Liabilities 11,783.56 9,795.84 8,541.75 9,739.05

Book Value of Share 118.92 101.56 89.98 84.81

CASH FLOW OF NMDC (in Rs. Cr.) Mar-22 Mar-21 Mar-20 Mar-19
12 mths 12 mths 12 mths 12 mths
NET PROFIT/LOSS BEFORE EXTRAORDINARY ITEMS AND TAX 12,980.50 8,901.63 6,123.48 7,199.06

Net CashFlow From Operating Activities 7,617.32 7,330.53 2,052.94 4,046.89

Net Cash Used In Investing Activities -5,026.18 -4,391.51 -277.27 -738.68
Net Cash Used From Financing Activities -2,916.12 -2,591.22 -1,753.13 -3,295.85
Foreign Exchange Gains / Losses 0 0 0 0
Adjustments On Amalgamation Merger Demerger Others 0 0 0 0
NET INC/DEC IN CASH AND CASH EQUIVALENTS -324.98 347.8 22.54 12.36
Cash And Cash Equivalents Begin of Year 408.67 60.87 38.33 25.97
Cash And Cash Equivalents End Of Year 83.69 408.67 60.87 38.33
S
201803 202203 202103 202003 201903 201803
11,490.93
519.73
12,010.66 69.21% 28.72% -4.14% 6.08%
348.35 -380.60% -27.05% -1.91% -0.35%
386.83
0
-38.48

11,142.58 75.77% 33.13% -3.78% 5.95%

3,338.24 15.61% 3.21% 13.23% -13.97%
1,046.42 23.28% 3.34% 0.97% -0.92%
2,291.82 11.97% 3.15% 20.16% -19.92%
7,804.34 92.93% 45.14% -9.26% 14.46%
256.04
7,548.30 94.25% 47.69% -9.73% 14.65%
37.1
144.3
8,175.23 94.52% 44.42% -10.68% 12.56%
2209.28
2,141.62
67.66
5,965.95 106.68% 47.65% -2.53% 11.41%
5,965.95

47.24
6,013.19
19.50
4.3
306
118.95
10113.7

201803

15,191.60 10.23% 9.23% 11.96% 8.70%

2,507.53
12,519.90
164.17
566.45 -23.26% -28.57% 124.84% 100.05%
14.99
236.18
214.47
86.74
0
 14.07
2,626.23 20.40% 20.17% 2.99% 13.71%
385.71
18,769.99 9.64% 6.57% 15.52% 13.03%

0
571.69
1,472.74
25.97

5412.25
820.41
98.51
1,356.80

9,758.37 42.28% 38.03% -6.51% -5.67%

28,528.36 19.85% 14.75% 8.85% 6.63%

24,353.83 17.10% 8.07% 6.10% 6.56%

316.39 0.00% -4.28% 0.00% -3.22%
24,037.44 17.27% 8.21% 6.17% 6.69%
714.12 94.92% 79.53% 8.46% 7.60%
0 205.29% #DIV/0! #DIV/0! #DIV/0!
0

0
714.12

3778.02 36.18% 88.42% -3.08% -11.65%

500.09
159.54

182.62
54.23
27.4
2,854.14

28,845.97 23.33% 18.18% 5.14% 4.20%

3,036.74

79.59

Mar-18
12 mths
6,179.66

3,381.19 3.91% 257.07% -49.27% 19.69%

-1,868.63 14.45% 1483.84% -62.46% -60.47%
-1,556.97 12.54% 47.81% -46.81% 111.68%
0
0
-44.41
70.38
25.97
 Income Statement of Britania Industries Ltd Standalone (Crores)
Year 202203 202103 202003
25,881.73 15,370.05 11,698.79
Revenue From Operations(Net)
Other Income 718.33 349.88 513.79
Total Revenue 26,600.06 15,719.93 12,212.58

Cost of Goods Sold -697.02 248.40 340.50

503.48 410.21 394.33

Cost of Material Consumed

0 0 0
Purchases of Stock-in-Trade
-1,200.50 -161.81 -53.83

Changes in Inventories of Finished Goods, Work-in-Progress and

Stock-in-Trade
Gross Profit 26,578.75 15,121.65 11,358.29
Total expenses 3,880.49 3,356.42 3,252.04
1,333.68 1,081.81 1,046.83

Employee Benefits / Salaries & other Staff Cost

2,546.81 2,274.61 2,205.21
Other Expenses
EBIDTA 22,698.26 11,765.23 8,106.25
286.85 227.83 294.38

Depreciation and Amortization

PBIT 22,411.41 11,537.40 7,811.87
Finance Cost 39.06 16.81 9.88
0 0 -96.44

Exceptional Item before Tax

Profit Before Tax 23,090.68 11,870.47 8,219.34

Tax Expenses 3321.72 2305.25 1741.25
Current Tax 3,444.39 2,316.46 1,555.59
Deferred Tax -122.67 -11.21 185.66
Profit After Tax 19,768.96 9,565.22 6,478.09
Profit Attributable to Ordinary Shareholders 19,768.96 9,565.22 6,478.09
Other Comprehensive Income :
Other Comprehensive Income 9.07 -56.09 -75.04
Total Comprehensive Income for the Year 19,778.03 9,509.13 6,403.05
Earning Per Share - Basic 67.47 32.65 21.17
Total Dividend Per Share 14.74 7.76 5.29
Weighted Average Number of Shares in Issue - Basic 293 293 306
MPS
NIFTY

Balance Sheet of Britania Industries Ltd Standalone

Year 202203 202103 202003
ASSETS
Non-Current Assets:
Fixed Assets 22,260.72 20,195.13 18,488.29
Property, Plant and Equipment 3,522.13 2,677.28 2,616.84

Capital Work in Progress 18,294.69 17,076.68 15,471.56

Intangible Assets 443.9 441.17 399.89

Non-current Investments 1396.7 1819.95 2547.79

Investment Properties 34.42 35.28 36.14
Investments in Subsidiaries, Associates and Joint venture 391.3 397.3 376.3
Investments - Long-term 830.31 1,260.08 1,882.81
Loans - Long - Term 100 58 192.03
Others Financial Assets - Long-term 13.13 13.61 1.2
Non Current Tax Assets - Long - Term 27.54 55.68 59.31
Other Non-current Assets 4,449.79 3,695.91 3,075.48

Deferred Tax Assets (Net) 530.95 408.28 397.06

Total Reported Non-current Assets 28,638.16 26,119.27 24,508.62

Current Investments 0 0 0

Inventories 2,164.90 921.72 723.51

Trade Receivables 2,954.30 2,139.89 2,223.71
Cash and Cash Equivalents 83.69 408.67 60.87
Bank Balances Other Than Cash and Cash Equivalents 7856.48 5397.34 2331.47
Loans - Short-term 698 941.09 1,075.73
Others Financial Assets - Short-term 426.37 388.5 227.88
Other Current Assets 2,715.69 1,680.50 1,962.16
Total Current Assets 16,899.43 11,877.71 8,605.33
TOTAL ASSETS 45,537.59 37,996.98 33,113.95

EQUITY AND LIABILITIES

Shareholder's Fund 34,843.97 29,756.14 27,533.95
Share Capital 293.07 293.07 306.19
Other Equity 34,550.90 29,463.07 27,227.76
Non-Current Liabilities: 2916.35 1496.16 833.39
Long Term Borrowings 1,668.22 546.43 0
Others Financial Liabilities - Long-term 156.13 4.57 5.51
Deferred Tax Liabilities (Net) 0 0 0
Other Non-Current Liabilities 1,092.00 945.16 827.88

Current Liabilities: 8299.98 6095 3234.86

Short Term Borrowings 1,815.13 1,448.04 565.57

Trade Payables 967.22 360.26 225.55

Others Financial Liabilities - Short-term 1,308.80 500.7 414.63

Current Tax Liabilities - Short-term 59.56 61.7 43.63
 Provisions 14.39 98 222.47

Other Current Liabilities 4,134.88 3,626.30 1,763.01

Total Equity and Liabilities 46,060.30 37,347.30 31,602.20

Contingent Liabilities 11,783.56 9,795.84 8,541.75
Book Value of Share 118.92 101.56 89.98
rores)
201903 201803 202203 202103 202003 201903 201803
12,152.15 11,490.93 Revenue From
Operations(Net)
588.3 519.73 Other Income
12,740.45 12,010.66 Total Revenue 100 100 100 100 100
Cost of Goods
347.14 348.35 Sold -2.62 1.58 2.79 2.72 2.90
426.36 386.83
Cost of
Material
Consumed
0 0 Purchases of
Stock-in-Trade
-79.22 -38.48

Changes in
Inventories of
Finished Goods,
Work-in-
Progress and
Stock-in-Trade
11,805.01 11,142.58 Gross Profit 99.92 96.19 93.00 92.66 92.77
2,871.97 3,338.24 Total expenses 14.59 21.35 26.63 22.54 27.79
1,036.75 1,046.42

Employee
Benefits /
Salaries & other
Staff Cost 5.01 6.88 8.57 8.14 8.71
1,835.22 2,291.82 Other
Expenses 9.57 14.47 18.06 14.40 19.08
8,933.04 7,804.34 EBIDTA 85.33 74.84 66.38 70.12 64.98
278.89 256.04
Depreciation
and
Amortization 1.08 1.45 2.41 2.19 2.13
8,654.15 7,548.30 PBIT 84.25 73.39 63.97 67.93 62.85
40.32 37.1 Finance Cost 0.15 0.11 0.08 0.32 0.31
0 144.3
Exceptional
Item before Tax 0.00 0.00 -0.79 0.00 1.20

9,202.13 8,175.23 Profit Before Tax 86.81 75.51 67.30 72.23 68.07
2555.68 2209.28 Tax Expenses 12.49 14.66 14.26 20.06 18.39
2,752.70 2,141.62 Current Tax
-197.02 67.66 Deferred Tax
6,646.45 5,965.95 Profit After Tax 74.32 60.85 53.04 52.17 49.67
6,646.45 5,965.95

-0.13 47.24
6,646.32 6,013.19
21.72 19.50
5.52 4.3
306 306
201903 201803 202203 202103 202003 201903 201803

16,513.14 15,191.60 48.88 53.15 55.83 54.28 53.25

2,554.49 2,507.53 7.73 7.05 7.90 8.40 8.79
13,792.45 12,519.90 40.17 44.94 46.72 45.34 43.89
166.2 164.17 0.97 1.16 1.21 0.55 0.58
1133.17 566.45 3.07 4.79 7.69 3.73 1.99
36.13 14.99 0.08 0.09 0.11 0.12 0.05
325.87 236.18 0.86 1.05 1.14 1.07 0.83
725.1 214.47 1.82 3.32 5.69 2.38 0.75
15.55 86.74 0.22 0.15 0.58 0.05 0.30
1 0 0.03 0.04 0.00 0.00 0.00
29.52 14.07 0.06 0.15 0.18 0.10 0.05
2,986.32 2,626.23 9.77 9.73 9.29 9.82 9.21
582.73 385.71 1.17 1.07 1.20 1.92 1.35
21,215.36 18,769.99 62.89 68.74 74.01 69.74 65.79

0 0 0.00 0.00 0.00 0.00 0.00

666.17 571.69 4.75 2.43 2.18 2.19 2.00
1,424.51 1,472.74 6.49 5.63 6.72 4.68 5.16
38.33 25.97 0.18 1.08 0.18 0.13 0.09
4569.39 5412.25 17.25 14.20 7.04 15.02 18.97
1,121.41 820.41 1.53 2.48 3.25 3.69 2.88
119.54 98.51 0.94 1.02 0.69 0.39 0.35
1,265.58 1,356.80 5.96 4.42 5.93 4.16 4.76
9,204.93 9,758.37 37.11 31.26 25.99 30.26 34.21
30,420.29 28,528.36 100 100 100 100 100

25,951.53 24,353.83 76.52 78.31 83.15 85.31 85.37

306.19 316.39 0.64 0.77 0.92 1.01 1.11
25,645.34 24,037.44 75.87 77.54 82.22 84.30 84.26
768.39 714.12 6.40 3.94 2.52 2.53 2.50
0 0 3.66 1.44 0.00 0.00 0.00
0 0 0.34 0.01 0.02 0.00 0.00
0 0 0.00 0.00 0.00 0.00 0.00
768.39 714.12 2.40 2.49 2.50 2.53 2.50

3337.82 3778.02 18.23 16.04 9.77 10.97 13.24

364.15 500.09 3.99 3.81 1.71 1.20 1.75
202.74 159.54 2.12 0.95 0.68 0.67 0.56
205.17 182.62 2.87 1.32 1.25 0.67 0.64
70.59 54.23 0.13 0.16 0.13 0.23 0.19
 41.26 27.4 0.03 0.26 0.67 0.14 0.10
2,453.91 2,854.14 9.08 9.54 5.32 8.07 10.00

30,057.74 28,845.97 101.15 98.29 95.43 98.81 101.11

9,739.05 3,036.74
84.81 79.59
 202203 202103 202003 201903 201803
Sales 225.2 133.8 101.8 105.8 100.0
PAT 331.4 160.3 108.6 111.4 100.0
Fixed Assets 146.5 132.9 121.7 108.7 100.0
MPS 139.8 116.4 66.6 88.5 100.0
NIFTY 174.7 147.0 85.6 114.9 100.0

CASH FLOW Mar-22 Mar-21 Mar-20 Mar-19 Mar-18

OF NMDC (in
Rs. Cr.)
12 mths 12 mths 12 mths 12 mths 12 mths
NET 12,980.50 8,901.63 6,123.48 7,199.06 6,179.66
PROFIT/LOSS
BEFORE
EXTRAORDIN
ARY ITEMS
AND TAX

Net CashFlow 7,617.32 7,330.53 2,052.94 4,046.89 3,381.19

From Operating
Activities 125.3% 117% -39%
Net Cash Used -5,026.18 -4,391.51 -277.27 -738.68 -1,868.63
In Investing
Activities 169.0% 135% -85%
Net Cash Used -2,916.12 -2,591.22 -1,753.13 -3,295.85 -1,556.97
From Financing
Activities 87.3% 66% 13%
Foreign 0 0 0 0 0
Exchange Gains
/ Losses
Adjustments On 0 0 0 0 0
Amalgamation
Merger
Demerger
Others -100%
NET INC/DEC -324.98 347.8 22.54 12.36 -44.41
IN CASH AND
CASH
EQUIVALENTS
-122%
Cash And Cash 408.67 60.87 38.33 25.97 70.38
Equivalents
Begin of Year -104%
Cash And Cash 83.69 408.67 60.87 38.33 25.97
Equivalents End
Of Year -126%
20% 100

-60% 100

112% 100
 Income Statement of Britania Industries Ltd Standalone (Crores)
Year 202203 202103 202003
Revenue From Operations(Net) 25,881.73 15,370.05 11,698.79
Other Income 718.33 349.88 513.79
Total Revenue 26,600.06 15,719.93 12,212.58
Cost of Goods Sold -697.02 248.40 340.50
Cost of Material Consumed 503.48 410.21 394.33
Purchases of Stock-in-Trade 0 0 0
Changes in Inventories of Finished Goods, Work-in- -1,200.50 -161.81 -53.83
Progress and Stock-in-Trade
Gross Profit 26,578.75 15,121.65 11,358.29
Total expenses 3,880.49 3,356.42 3,252.04
Employee Benefits / Salaries & other Staff Cost 1,333.68 1,081.81 1,046.83
Other Expenses 2,546.81 2,274.61 2,205.21
EBIDTA 22,698.26 11,765.23 8,106.25
Depreciation and Amortization 286.85 227.83 294.38
PBIT 22,411.41 11,537.40 7,811.87
Finance Cost 39.06 16.81 9.88
Exceptional Item before Tax 0 0 -96.44
Profit Before Tax 23,090.68 11,870.47 8,219.34
Tax Expenses 3321.72 2305.25 1741.25
Current Tax 3,444.39 2,316.46 1,555.59
Deferred Tax -122.67 -11.21 185.66
Profit After Tax 19,768.96 9,565.22 6,478.09
Profit Attributable to Ordinary Shareholders 19,768.96 9,565.22 6,478.09
Other Comprehensive Income :
Other Comprehensive Income 9.07 -56.09 -75.04
Total Comprehensive Income for the Year 19,778.03 9,509.13 6,403.05
Earning Per Share - Basic 67.47 32.65 21.17
Total Dividend Per Share 14.74 7.76 5.29

Weighted Average Number of Shares in Issue - Basic 293 293 306

MPS 166.25 138.45 79.25
NIFTY 17670.75 14867.5 8660.25
Tax rate 0.14 0.19 0.21
BVPS 118.92 101.56 89.98
CFO/Share 4.12 6.11 5.42

Balance Sheet of Britania Industries Ltd Standalone

Year 202203 202103 202003
ASSETS
Non-Current Assets:
Fixed Assets 22,260.72 20,195.13 18,488.29
Property, Plant and Equipment 3,522.13 2,677.28 2,616.84
Capital Work in Progress 18,294.69 17,076.68 15,471.56
 Intangible Assets 443.9 441.17 399.89
Non-current Investments 1396.7 1819.95 2547.79
Investment Properties 34.42 35.28 36.14
Investments in Subsidiaries, Associates and Joint
venture 391.3 397.3 376.3
Investments - Long-term 830.31 1,260.08 1,882.81
Loans - Long - Term 100 58 192.03
Others Financial Assets - Long-term 13.13 13.61 1.2
Non Current Tax Assets - Long - Term 27.54 55.68 59.31
Other Non-current Assets 4,449.79 3,695.91 3,075.48
Deferred Tax Assets (Net) 530.95 408.28 397.06
Total Reported Non-current Assets 28,638.16 26,119.27 24,508.62

Current Investments 0 0 0
Inventories 2,164.90 921.72 723.51
Trade Receivables 2,954.30 2,139.89 2,223.71
Cash and Cash Equivalents 83.69 408.67 60.87

Bank Balances Other Than Cash and Cash Equivalents 7856.48 5397.34 2331.47
Loans - Short-term 698 941.09 1,075.73
Others Financial Assets - Short-term 426.37 388.5 227.88
Other Current Assets 2,715.69 1,680.50 1,962.16
Total Current Assets 16,899.43 11,877.71 8,605.33
TOTAL ASSETS 45,537.59 37,996.98 33,113.95

EQUITY AND LIABILITIES

Shareholder's Fund 34,843.97 29,756.14 27,533.95
Share Capital 293.07 293.07 306.19
Other Equity 34,550.90 29,463.07 27,227.76
Non-Current Liabilities: 2916.35 1496.16 833.39
Long Term Borrowings 1,668.22 546.43 0
Others Financial Liabilities - Long-term 156.13 4.57 5.51
Deferred Tax Liabilities (Net) 0 0 0
Other Non-Current Liabilities 1,092.00 945.16 827.88

Current Liabilities: 8299.98 6095 3234.86

Short Term Borrowings 1,815.13 1,448.04 565.57
Trade Payables 967.22 360.26 225.55
Others Financial Liabilities - Short-term 1,308.80 500.7 414.63
Current Tax Liabilities - Short-term 59.56 61.7 43.63
Provisions 14.39 98 222.47
Other Current Liabilities 4,134.88 3,626.30 1,763.01

Total Equity and Liabilities 46,060.30 37,347.30 31,602.20

Contingent Liabilities 11,783.56 9,795.84 8,541.75
Book Value of Share 118.92 101.56 89.98
Net Working Capital 8,599.45 5,782.71 5,370.47
PERFORMANCE ANALYSIS

LIQUIDITY RATIO 202203 202103 202003

Current Ratio 2.0360808098 1.9487629204 2.6601862214
Quick ratio 1.78 1.80 2.44
Cash Ratio 1.0921158846 1.1707301066 1.1425378533

ACTIVITY RATIO 202203 202103 202003

Inventory TO Ratio -0.5 0.3 0.5
Inventory Holding Period -797.1 1192.2 734.6
Receivables TO Ratio 10.2 7.0 6.4
Receivables Collection Period 35.4 51.1 56.1
Creditors TO ratio 0.0 0.0 0.0
Creditors Payment Period #DIV/0! #DIV/0! #DIV/0!
Net Operating Cycle #DIV/0! #DIV/0! #DIV/0!
Working Capital TO 3.7 2.8 2.2
Fixed Assets TO 1.25 0.81 0.70

SOLVENCY RATIOS 202203 202103 202003

Total Debt/ Total Asset 0.25 0.20 0.12
Total Debt/Equity 0.32 0.26 0.15
Long Term Debt/equity 0.08 0.05 0.03
Financial leverage Ratio 1.31 1.28 1.20
Total Debt/EBIDTA 0.49 0.65 0.50
Long Term Debt/EBIDTA 0.13 0.13 0.10
Intrest Coverage Ratio 573.77 686.34 790.68

PROFITABILITY RATIOS 202203 202103 202003

GP Margin 102.7% 98.4% 97.1%
Operating Profit Margin 86.6% 75.1% 66.8%
Net Profit Margin 74.3% 60.8% 53.0%
Operating RoA 53.7% 32.4% 24.6%
Return on Assets 47.3% 26.9% 20.4%
Return on Capital 46.0% 27.0% 20.0%
Return on Equity 61.20% 33.4% 24.2%

DUPONT ANALYSIS 202203 202103 202003

ROE 0.61 0.33 0.24
ROA (PAT/TOTAL ASSETS) 47% 27% 20%
Financial Leverage (Asset/Net Worth) 1.29 1.24 1.19
2 Step Du Pont 61% 33% 24%
Net Profit margin(PAT/Sales) 74% 61% 53%
Asset TO ratio (Revenue/Total Assets) 0.64 0.44 0.38
3 Point Du Pont Analysis 61% 33% 24%
tax Burden (PAT/PBT) 0.86 0.81 0.79
Intrest Burden (PBT/PBIT) 1.03 1.03 1.05
EBIT Margin(PBIT/Revenue) 84.25% 73.39% 63.97%
5 Point Du Pont Analysis 61% 33% 24%

VALUATION RATIO 202203 202103 202003

P/E ratio 2.5 4.2 3.7
P/B 1.4 1.4 0.9
P/S 1.8 2.6 2.0
P/CFO 40.4 22.6 14.6

CASH FLOW OF NMDC (in Rs. Cr.) Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths
NET PROFIT/LOSS BEFORE EXTRAORDINARY ITEMS AND TAX 12,980.50 8,901.63 6,123.48
Net CashFlow From Operating Activities 7,617.32 7,330.53 2,052.94
Net Cash Used In Investing Activities -5,026.18 -4,391.51 -277.27
Net Cash Used From Financing Activities -2,916.12 -2,591.22 -1,753.13
Foreign Exchange Gains / Losses 0 0 0
Adjustments On Amalgamation Merger Demerger Others 0 0 0
NET INC/DEC IN CASH AND CASH EQUIVALENTS -324.98 347.8 22.54
Cash And Cash Equivalents Begin of Year 408.67 60.87 38.33
Cash And Cash Equivalents End Of Year 83.69 408.67 60.87

CFO to Revenue: 0.294312629 0.4769359891 0.1754831055

CFO to Assets 0.1823752729 0.2061716813 0.0646246811
CFO To Equity 0.235829939 0.2559091808 0.0767662551
(Crores)
201903 201803
12,152.15 11,490.93
588.3 519.73
12,740.45 12,010.66
347.14 348.35
426.36 386.83
0 0
-79.22 -38.48

11,805.01 11,142.58
2,871.97 3,338.24
1,036.75 1,046.42
1,835.22 2,291.82
8,933.04 7,804.34
278.89 256.04
8,654.15 7,548.30
40.32 37.1
0 144.3
9,202.13 8,175.23
2555.68 2209.28
2,752.70 2,141.62
-197.02 67.66
6,646.45 5,965.95
6,646.45 5,965.95

-0.13 47.24
6,646.32 6,013.19
21.72 19.50
5.52 4.3

306 306
105.3 118.95
11623.9 10113.7
0.28 0.27
84.81 79.59
3.64 3.86

ne
201903 201803

16,513.14 15,191.60
2,554.49 2,507.53
13,792.45 12,519.90
 166.2 164.17
1133.17 566.45
36.13 14.99

325.87 236.18
725.1 214.47
15.55 86.74
1 0
29.52 14.07
2,986.32 2,626.23
582.73 385.71
21,215.36 18,769.99

0 0
666.17 571.69
1,424.51 1,472.74
38.33 25.97

4569.39 5412.25
1,121.41 820.41
119.54 98.51
1,265.58 1,356.80
9,204.93 9,758.37
30,420.29 28,528.36

25,951.53 24,353.83
306.19 316.39
25,645.34 24,037.44
768.39 714.12
0 0
0 0
0 0
768.39 714.12

3337.82 3778.02
364.15 500.09
202.74 159.54
205.17 182.62
70.59 54.23
41.26 27.4
2,453.91 2,854.14

30,057.74 28,845.97
9,739.05 3,036.74
84.81 79.59
 5,867.11 5,980.35

201903 201803
2.7577670456 2.5829323296
2.56 2.43
1.7522424816 1.6826644645

201903 201803
0.6
641.9
8.4
42.9
0.0
#DIV/0!
#DIV/0!
2.2
0.80

201903
0.13
0.16
0.03
1.17
0.46
0.09
214.64

201903
97.1%
71.2%
52.2%
29.4%
22.5%
21.2%
26.4%

201903
0.26
23%
1.17
26%
52%
0.43
26%
0.72
 1.06
67.93%
26%

201903
4.8
1.2
2.5
28.9

Mar-19 Mar-18
12 mths 12 mths
7,199.06 6,179.66
4,046.89 3,381.19
-738.68 -1,868.63
-3,295.85 -1,556.97
0 0
0 0
12.36 -44.41
25.97 70.38
38.33 25.97

0.3330184371 0.2942485943
0.1373022113 0.237040615
0.1608929943 0.2776721362
 Trend Analysis of NMDC
190.0 100%
90%
170.0 80%
70%
150.0
60%
130.0 50%
40%
110.0
30%
90.0 20%
10%
70.0 0%
202203
50.0
201803 201903 202003 202103 202203 C
C
Sales PAT Fixed Assets MPS NIFTY O

Liquidity Ratios
3

2.5

1.5

0.5
201903 202
0
201803 201903 202003 202103 202203

Current Ratio Quick ratio Cash Ratio Inventory TO Rati

Solvency ratio P
0.14

0.12

0.10

0.08

0.06

0.04

0.02
201903 2020
0.00
201903 202003 202103 202203
GP Margin
Long Term Debt/equity Long Term Debt/EBIDTA Return on Capi
 0.02
201903 2020
0.00
201903 202003 202103 202203
GP Margin
Long Term Debt/equity Long Term Debt/EBIDTA Return on Capi

3 Point Du Pont Analysis

0.80 1.40
0.70 1.20
0.60 1.00
0.50
0.80
0.40
0.60
0.30
0.20 0.40

0.10 0.20
0.00 0.00
201903 202003 202103 202203
201903 202
Financial Leverage (Asset/Net Worth) Asset TO ratio (Revenue/Total Assets)
ROE Net Profit margin(PAT/Sales) P/
 Common Size Statement
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
202203 202103 202003 201903

Cost of Goods Sold Purchases of Stock-in-Trade

Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade Employee Benefits / Salaries & other Staff Cost
Other Expenses Tax Expenses

Activity Ratios
12.0

10.0

8.0

6.0

4.0

2.0

0.0
201903 202003 202103 202203
-2.0

Inventory TO Ratio Receivables TO Ratio Creditors TO ratio

Profitability Analysis
120.0%

100.0%

80.0%

60.0%

40.0%

20.0%

0.0%
201903 202003 202103 202203

GP Margin Net Profit Margin Return on Assets

Return on Capital Return on Equity
 20.0%

0.0%
201903 202003 202103 202203

GP Margin Net Profit Margin Return on Assets

Return on Capital Return on Equity

Valuation Ratios
45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
201903 202003 202103 202203

P/E ratio P/B P/S P/CFO

 201903 201803

of Stock-in-Trade
enefits / Salaries & other Staff Cost
s