Balance Sheet of Bajaj Auto

(all amounts in
Mar '07
12 mths

billion)

Mar '08
12 mths

Mar '09
12 mths

Mar '10
12 mths

Mar '11
12 mths

Sources Of Funds
Total Share Capital

101.18

144.68

144.68

144.68

289.37

Equity Share Capital

101.18

144.68

144.68

144.68

289.37

Share Application Money

0

0

0

0

0

Preference Share Capital

0

0

0

0

0

5,433.14 1,442.91 1,725.01

2,783.66

4,620.85

0

0

0

5,534.32 1,587.59 1,869.69

2,928.34

4,910.22

Reserves
Revaluation Reserves
Networth

0

other current liabilities

0

1.03

1.60

2.03

2.44

6.95

0

12.98

23.53

Unsecured Loans

1,602.97 1,327.39 1,570.00

1,325.60

301.62

Total Debt

1,625.43 1,334.34 1,570.00

1,338.58

325.15

Total Liabilities

7,159.75 2,921.93 3,439.69

4,266.92

5,235.37

Secured Loans

22.46

Mar '07
12 mths

Mar '08
12 mths

Mar '09
12 mths

Mar '10
12 mths

Mar '11
12 mths

Application Of Funds
Gross Block

3,178.54 2,994.68 3,350.20

3,379.25

3,395.16

Less: Accum. Depreciation

1,904.94 1,726.07 1,807.91

1,899.66

1,912.45

Net Block

1,273.60 1,268.61 1,542.29

1,479.59

1,482.71

106.48

120.84

149.34

6,447.53 1,857.14 1,808.52

4,021.52

4,795.20

Capital Work in Progress
Investments
Inventories
Sundry Debtors

107.62

34.74

309.7

349.61

338.84

446.21

547.28

529.83

275.31

358.65

272.84

362.76

other current asset

3.68

2.73

3.24

13.936

21.642

62.16

54.74

135.68

100.2

155.45

901.69

679.66

833.17

819.25

1,065.49

2,925.24 1,099.68 1,567.09

2,291.29

3,891.66

1.19

1.21

401.04

3,848.25 1,780.67 2,401.45

3,111.75

5,358.19

0

0

0

Current Liabilities

1,683.46 1,185.19 1,378.20

2,218.06

2,624.35

Provisions

2,833.79

834.04 1,224.15

2,248.72

3,925.72

Total CL & Provisions

4,517.25 2,019.23 2,602.35

4,466.78

6,550.07

-200.9 -1,355.03

-1,191.88

Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deffered Credit

Net Current Assets
Miscellaneous Expenses
Total Assets

21.32

0

1.33

0

-669

-238.56

0

0

183.3

0

0

7,159.75 2,921.93 3,439.69

4,266.92

5,235.37

Contingent Liabilities

811.66 1,129.29

924.96

818.25

959.66

Book Value (Rs)

546.96

109.73

129.23

202.4

169.69

14

9

8

1.58

1.95

1.41%
1.41%

4.95%
4.95%

4.21%
4.21%

3.39%
3.39%

5.53%
5.53%

75.88%

49.38%

50.15%

65.24%

88.26%

77.30% 54.33% 54.36%
0.31%
0.24%
22.39% 45.43% 45.64%
22.70% 45.67% 45.64%
100.00% 100.00% 100.00%

68.63%
0.30%
31.07%
31.37%
100.00%

93.79%
0.45%
5.76%
6.21%
100.00%

sundary creditors

common size statement
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

68% -31.59% 10.43% 3.61% 59.Application Of Funds Gross Block Less: Accum.84% 3.11% -8.33% 11.03% 72.93% 2.35% 23.05% 63.05% 53.33% 7.89% 3.07% 17.26% 40.18% 4.35% 19.09% -9.56% 44.46% 6.42% 1.94% 24.20% 53.98% 125.74% 18.40% 9.83% 94.98% 52.64% 38.64% 0.59% 23.52% 34.51% 39.49% 26.76% 50.87% 1.34% 40.58% 63.65% 3.16% 40.66% -5.56% 4.39% 2.33% 51.85% 10.87% 12.76% 26.82% 79.34% 7. Loans & Advances Deffered Credit Current Liabilities Provisions Total CL & Provisions Net Current Assets Miscellaneous Expenses Total Assets Contingent Liabilities Book Value (Rs) 44.40% 52.70% 0.33% 3.39% 102.10% 52.54% 69.94% 97.93% 64.24% ASSUMPTION considered from 3 year data because in first 2 year was a major decline in the value .75% 60.58% 9.97% 7.03% 69.22% 45.53% 28. Depreciation Net Block Capital Work in Progress Investments Inventories Sundry Debtors Cash and Bank Balance Total Current Assets Loans and Advances Fixed Deposits Total CA.13% 74.56% 28.68% 2.56% 0.85% 91.84% 5.76% 19.70% 104.79% 43.32% 2.97% 20.42% 0.25% 10.20% 44.19% 90.77% 11.50% 1.35% 74.45% 6.66% 102.07% 35.59% 75.30% 0.86% 37.11% -22.85% 36.

00 0.74 0.35 175.02 -0.15 574.00 3425.40 0.15 77.Mar '12 Mar '13 Mar '14 Mar '15 Mar '16 363.39 -0.38 3.35 34.38 1030.99 0.32 0.15 31.00 0.18 -0.17 369.68 0.33 0.90 0.16 0.72 0.00 0.02 1407.38 0.26 363.68 0.35 101.12 17370.24 0.41 24178.26 457.12 6615.68 0.13 0.00 9286.56 -0.38 0.15 3410.41 17604.82 0.96 0.75 0.01 208.02 1389.00 0.00 6752.38 0.02 1425.17 365.01 186.00 0.00 0.09 0.00 1948.02 1463.41 12839.20 0.53 -0.12 9126.15 104.76 0.86 0.43 0.00 0.42 40.69 -0.41 0.73 0.15 457.15 908.26 0.76 0.00 0.02 1444.43 0.38 0.76 0.25 0.00 3455.00 2021.40 0.32 0.42 68.00 0.74 0.24 0.83 -0.41 9401.42 24.50 0.48 0.00 23485.20 -0.26 908.42 115.26 0.01 233.26 574.57 -0.00 24154.75 0.26 0.00 0.12 23963.79 0.22 0.17 364.45 0.80 0.00 6396.70 0.35 58.00 3440.00 1984.26 0.17 368.91 -0.00 0.00 0.38 750.35 19.98 0.19 0.00 16966.39 -0.00 .26 722.00 0.40 0.00 2098.41 6946.15 722.00 0.65 0.13 0.41 -0.00 12256.12 12590.89 0.19 0.53 0.00 0.00 3470.88 0.70 0.00 0.68 0.49 0.00 0.26 0.13 0.88 0.00 17563.01 166.00 2059.11 0.49 0.00 0.17 366.00 8854.38 4.15 42.00 0.26 0.26 0.74 0.64 0.38 1207.38 641.65 -0.42 193.16 0.15 57.01 260.38 879.38 2.51 0.99 -0.38 3.00 0.66 0.00 -0.38 4.67 0.48 0.00 12771.38 0.26 0.

47 16334.00 24178.11 0.26 0.73% 10.09 0.01 0.05 1253.94% 1.35% 122.00 4014.65% 0.00% .80 0.00% 177.71 141.00 -1.00 -0.15 1007.80 0.07% 448.52 0.55 0.03 -0.02 0.10 0.87 194.28 0.15 1019.11 0.38% 0.36 -3859.47 12045.80 0.10 20142.89 0.59 0.62 75.95% 6.29 0.20% 100.34% 3.46% 100.98% 13.95 6.49 0.36 -2144.00 17604.05 1598.21 -0.09 0.93 0.30 0.39 0.56 0.69% 100.38% 0.34 0.08 5254.00 0.00 0.69 0.91 0.80 0.15 995.00 9401.15 983.40.11% 324.01 265.05 0.00 -1.15 971.24 18278.80 0.47 0.01 243.60% 128.70 0.88 0.74 -0.99% 0.00 -1.74 0.13% 1.24 26850.10% 1.98% 0.18% 169.13% 234.35 485.14 0.21 0.65 0.88 0.95% 8.94% 2.24 5766.61% 3.00% 335.24 8471.05 1359.00 -1.47 22151.52 0.35 587.52 0.36 -22495.01 203.68 0.87 177.30 0.48 0.16 0.47 30039.48% 1.30 0.73% 8.37% 1.26 0.97 0.78 0.58 0.00 0.89 0.08 9576.80% 13.82 0.71 0.01 -0.01 185.00 6140.87 186.01 222.80% 17.68 0.36 -12500.08 12929.46 0.09 0.87 162.81 0.83 0.78% 100.51 0.80 0.05 1474.35 533.36 -6946.08 17456.09 0.00 0.65 0.80 0.94 0.09 0.10 6982.24 0.56 0.24 12443.00 0.27 0.84 265.81% 1.35% 17.00 7595.91 0.48% 0.00 3245.93 0.35 645.99 0.10 11859.30 0.87 170.93 0.00 6946.05 1155.17 0.31% 100.78 0.31 0.10 9100.08 7093.85 497.30 0.00 12839.00% 461.30 0.00% 243.00 0.47 8882.10 15455.99 0.00 4965.35 441.13 0.00 -1.98% 10.86 0.17 0.

57% 174.06% 3.54% 333.55% 3.55% 28.43% 12.01% -132.34% 26.29% 40.68% 161.43% 133.62% 27.78% 3.79% -429.73% 23.20% 226.80% 7.24% 19.71% 38.65.93% 10.07% 100.27% 173.34% 384.38% 65.64% 19.97% 76.77% 145.16% 246.96% 182.42% 37.80% 230.24% 4.98% 3.68% 117.99% 240.54% 4.96% 3.36% 8.06% 7.11% 22.14% 423.48% 5.66% -40.34% 6.00% 110.97% 11.79% 19.22% 295.03% 3.69% 18.32% 14.59% 3.53% 66.91% 27.25% 23.01% 4.84% 237.24% 3.50% 16.94% 135.08% 26.68% 7.68% 312.08% -73.74% 62.15% 169.46% 331.72% 30.36% 12.00% 39.30% 349.21% 27.22% 66.96% 3.73% 94.49% 9.98% 457.55% 18.25% 6.08% 512.19% 126.40% 25.88% 19.88% 573.08% .12% -238.01% 3.82% 65.14% 37.89% 4.

84 0.00 2259.17 371.41 45691.63 0.06 0.17 373.00 0.38 1940.00 62825.73 0.25 -0.93 0.38 1656.00 62295.00 0.00 0.38 2273.41 62830.62 0.00 33218.43 0.90 0.25 -0.73 -0.35 6.00 0.00 3501.00 45002.45 -0.41 86403.74 0.46 0.00 0.00 0.17 0.44 0.46 0.48 0.00 0.62 0.00 342.27 0.00 0.15 2267.00 2137.56 -0.00 2218.09 -0.38 0.51 -0.00 0.97 0.29 0.62 0.00 0.38 1414.02 1371.15 140.01 326.51 0.68 -0.77 0.94 0.12 0.12 45609.05 0.00 3516.42 8.90 0.38 3485.Mar '17 Mar '18 Mar '19 Mar '20 1141.15 254.26 2267.17 372.15 1803.00 0.38 5.08 0.26 0.38 7.55 0.26 0.10 0.87 -0.24 0.00 45683.05 0.00 2177.55 0.00 0.04 0.00 0.66 0.43 0.00 86233.01 291.61 0.01 407.12 86806.39 -0.99 -0.01 364.17 375.35 2.00 86400.00 3532.26 1435.42 5.24 0.18 0.00 0.38 6.25 0.04 0.08 0.41 0.54 0.00 0.12 33060.12 62922.03 -0.42 14.26 0.42 3.00 0.26 0.02 1318.55 0.77 0.35 11.34 0.78 0.02 1336.00 32510.28 0.38 0.15 1435.38 0.41 33232.38 0.30 0.15 .84 0.26 1803.35 3.02 1353.26 1141.15 188.65 0.26 0.

07% 0.15 1044.00 -0.08 31818.00 -1.99 0.80 0.17 0.35 859.15 1070.36 -72852.30 0.50 0.00 0.59 0.24 57939.00 0.10 34210.88 0.00 17772.04 0.36 0.24 85110.98 0.47 0.00 9393.53% 0.05 1733.74 0.48 0.80 0.30 0.15 1032.00 3258.98% 859.80 0.59 0.61 0.06% 100.59 0.66 0.00 11618.80 0.15 1057.05 1880.00% 1650.87 222.41% 34.66 0.51 0.00 0.94 0.25 0.30 0.32% 6.76 0.63 0.66 0.47 55243.05 2212.00 0.13% 634.45 0.00 0.09 0.81% 27.91 0.00% 872.93 0.84 0.59% 1189.00 33232.01 348.00% 1200.00 62830.43 0.73 0.87 212.35 0.00 21.26 0.63 0.01 318.53 0.26 0.04 0.16% 100.47 101592.30 0.10 26250.08 57997.24 39442.08 42957.41% 27.10% 100.09 0.00 -1.10 58102.22% 0.00 -1.98 1740.00 -1.10 44583.17 0.13 0.58 0.19 0.30 0.46% 43.04% 0.27% 100.00% .29 0.36 -40483.65 0.00 45691.00 -1.00 -1.36 -235935.95 0.87 203.00 232.55 0.09 0.36 -131105.20 0.90 0.24 125023.930.01 290.60% 0.68% 0.05 2039.09 0.00 86403.35 710.05 0.23 0.47 74915.98 0.35 945.52 0.46% 34.31% 43.02% 4.00 14369.13% 0.85% 0.08 23567.83 0.59% 3.81% 21.00 -1.50% 2.35 781.31% 620.01 381.90% 1647.47 40736.

81% 179.42% 851.50% -4506.16% 13.55% 274.37% 25.57% 631.45% 7.19% -1391.52% 6.48% 27.53% 16.69% 1055.17% 42.48% 2388.92% 1106.56% 19.12% 450.86% 37.47% 43.01% 7.42% 7.68% 1430.57% 501.09% 3.96% 6.66.05% 1940.20% 6.72% 5.76% 14.56% 19.93% 653.65% 20.48% 1625.14% 4.64% 7.79% 1658.20% 5.08% 20.06% 1109.39% 778.18% 31.89% 33.97% 1201.94% -2504.59% 67.22% 339.45% 42.86% 6.08% 43.83% 26.17% 25.07% 35.06% 7.26% 221.25% 38.88% 41.79% 18.28% .11% -773.23% 871.41% 66.44% 67.43% 753.59% 25.11% 4.25% 1107.17% 4.58% 40.92% 607.19% 7.96% 820.

986.66 -8.85 9.61 9.07 350.26 3.096.56 221.63 225.27 -69.32 1.01 5.48 1.068.28 Miscellaneous Expenses Rs Bn 230.94 as % of growth or decline Preoperative Exp Capitalised Rs Bn Rs Bn -32.2 22.64 1.321.24 1.48 11.51 10.98 PBDT Rs Bn 1.15 381.67 Total Expenses Rs Bn 8.89 8.90 -24.10 3.26 173.05 -10.520.065.11 Power & Fuel Cost Rs Bn 79.71 Interest Rs Bn 5.04 7.14 -23.63 -15.21 1.54 33.856.53 53.04 6.250.35 Rs Bn 6.827 170.64 -462.897.98 67.67 411.76 Other Manufacturing Expenses Rs Bn 74.34 69.79 7.579.49 47.95 -5.67 12.502.96 4.089.50 9.30 9.45 7.6 8.16 Mar '07 12 mths Mar '08 Mar '09 Mar '10 Operating Profit Rs Bn 12 mths 12 mths 12 mths 1.813 -6.029.50 6.420 567.24 12.86 2.809.54 Selling and Admin Expenses Rs Bn 457.08 57.17 390.73 407.700 11.44 8.87 2.891.085.089.2 60.16 21.79 136.41 610.741.669.542.21 PBDIT Rs Bn 1.72 57.06 -14.55 4.91 2009 12 mths 2010 12 mths -0.420.329.42 -1.536.969.35 Employee Cost Rs Bn 310.9 9.760.883.89 1.5 -103.71 1.07 607.310.96 129.all data in billion 2007 Profit & Loss account of Bajaj Auto Unit Income Sales Turnover growth Excise Duty as % of sales turnover Net Sales Other Income growth Stock Adjustments Total Income Expenditure Raw Materials 12 mths 2008 12 mths Rs Bn % pa Rs Bn % Rs Bn Rs Bn % pa Rs Bn Rs Bn 10.27 9.7 6.10 8.05 1.89 70.340.73 Depreciation Rs Bn 190.45 .07 2.61 as % of sales turnover Rs Bn 4.09 366.89 209.255.34 5.187.

66% 100.79% 4.59% 73.53 Preference Dividend Rs Bn 0 0 0 0 Equity Dividend Rs Bn 404.25 45.70% 107.Other Written Off Rs Bn 0.1 96.01% 106.077.19% 0.45% .78 301.40% 100.30% 0.66% 11.73 129.28% 99.03% 100.49% 3.46 1.56 957.72 26.119.03% 14.37 117.85% 76.23 202.42% 74.39 1.37 318.210.00% 1.74% 0.77% 102.95 1.446.15 Tax Rs Bn 490.6 59.28 Extra-ordinary items Rs Bn 26.16 Total Value Addition Rs Bn 1.78% 3.8 1541 Earning Per Share (Rs) Equity Dividend (%) Book Value (Rs) Market Price (per share) common size statement Income Sales Turnover Excise Duty Net Sales Other Income Stock Adjustments Total Income Expenditure Raw Materials Power & Fuel Cost Employee Cost Other Manufacturing Expenses Selling and Admin Expenses Mar '07 12 mths Mar '08 12 mths Mar '09 12 mths Mar '10 12 mths 114.075.09 378.97% 0.84 1.12 0 0 Profit Before Tax Rs Bn 1.14% 5.87 PBT (Post Extra-ord Items) Rs Bn 1.46 637.049.727.84 122.01% 7.60% 3.65% 105.3 578.01% 100.446.97 696.153.69 400 200 220 400 546.24 939.400.51 1.49% 0.98% 0.29% 0.00% 0.14% 100.07% -0.446.79 2.61% 4.73 289.66 1.73 Corporate Dividend Tax Per share data (annualised) Shares in issue (lakhs) Rs Bn 68.00% 6.02% -0.35 52.4 391.690.32 18.78 49.84 1.12 1.39% 69.84% 3.75 1.96 109.84 1.66% 4.701.07 2.06 1.134.12 Reported Net Profit Rs Bn 1.01% 111.427.1 1754.011.18 54.21% 0.70% 4.93% 0.58% 0.61 710.00% -0.

47% 2.89% 11.32% 0.12% 1.22% 11.29% 7.16% 0.38% 21.53% 0.67% 12.16% 1.89% 14.52% 0.34% 85.33% 12.18% 0.47% 7.23% 20.07% Operating Profit PBDIT Interest PBDT Depreciation Other Written Off Profit Before Tax Extra-ordinary items PBT (Post Extra-ord Items) Tax Reported Net Profit 20.37% -0.20% 12.14% 0.28% 18.47% 1.01% 12.00% 18.87% 2.13% 79.06% 20.26% 88.Miscellaneous Expenses Preoperative Exp Capitalised Total Expenses 2.34% 5.29% 1.17% 87.01% 14.45% -0.88% -0.24% 12.76% .01% 3.59% -0.79% 0.00% 20.22% 0.49% 0.00% 10.05% 21.85% 4.89% 12.02% 0.97% 0.31% 9.55% 6.08% 2.06% 0.85% 11.06% 14.

02 1043 0.01 1.56 0.20555 7380.0 17709.07 16.788 17439 0.196066 10351.33 0.141 24.185502 66.66 246 0.066657 -0.1 0.0 14853 0.10 576 -0.5 4656.102 0.45 -16.66589 11399.04 447 -0.00 5.196066 12265.45 -16.126.04 445 -0.184924 0.11 87 0.76 Mar '11 12 mths 3.017 19.185502 79.00 17.184924 1.02 596 0.10 55 -0.063 17510 0.9 1177.61 494.11 89 0.02 950 0.255.65 -16.2011 12 mths 2012.1 0.07 16.20555 14577.196066 14533.968 22.999 17492 0.69 4.0 1.03 0.1 16531.11 88 0.02 654 0.268188 -0.0 12 mths 2013 12 mths 2014 12 mths 2015 12 mths 2016 12 mths 2017 12 mths 2018 12 mths 2019 12 mths 17.2 112.0 448.00 18.2 1.1 872.07 16.84 .04 441 -0.424914 -0.606 0.8 0.16 0.00 17.11 89 0.00 18.8 0.267 0.184924 0.20555 10372.279.3 -0.10 57 -0.10 46 -0.003 4 28410 0.608 1180 0.0 542.814 1185 0.184924 0.04 442 -0.26 0.10 814 -0.185502 72.673229 -0.30 4.86 0.965.003 4 18437 0.20555 12296.53485 -0.123 17528 0.20555 8749.01 1.196066 6221.07 16.1 59.16 0.10 759 -0.02 865 0.185502 60.2 5250.29 14692.30 1.184924 0.260 3893.176.8 17422 0.10 49 -0.312 0.25 0.66 242 0.42 0.07 16.562 27.01 1.003 4 20542 0.01 1.79 17.07 16.47898 6662.61 122.30 13331.5 -16.77 450.429.02 718 0.45 -16.45 -16.10 51 -0.01 1.710.31 0.16 0.66 245 0.16 0.59 17404.01 1.184924 0.185502 86.258 30.66 243 0.31076 9530.5 0.18 2.20555 17281.680 1182 0.42 0.67 82.2 0.196066 7372.10 617 -0.003 4 22887 0.16 0.33 61.57774 13634.11 88 0.1185 5570.66 239.59 237.8 16.0 4.2 0.847411 -0.10 47 -0.8 0.1 88.11 89 0.2 5251.991 1191 0.98 934.7 0.744 0.10 53 -0.013 0.3 0.11 89 0.20555 6225.45 -16.437 0.625 0.02 788 0.00 17.003 4 25500 0.56327 7968.10 537 -0.66 13.18 0.934 1189 0.6 0.293 0.66 248 0.2 0.748 1183 0.99967 86.337575 -0.71 5.862 17457 0.04 443 -0.431.45 -16.01 1.1 -0.04 446 -0.184924 0.7 241 0.185502 94.185502 103.003 4 6.196066 17220.66 249 0.10 661 -0.875 1187 0.16 0.16 0.196066 8735.452 1.386.932 17475 0.04 439 -0.181 11.10 708 -0.003 4 16548 0.45 -16.51 39.945 0.07 16.00 18.00 17.319 0.38 16.265 18.

7 0.08378 0 -1 7519.4588 0.222455 2893.64498 -0.01159 400 0 52.0 -1.204166 82.0 5186.73% 0.185 0.07% 103.155838 13387.155838 10958.53% 3.00% 0.203031 1350.221699 1541.119482 10970.199 0.12% 104.01159 400 0 66.2 229.0 0.01159 400 0 106.032473 0 -0.221699 1493.00% 0.65787 -0.67 0.2 1356.221699 1643.893.50% 107.33 105.155838 16355.00% 7.65% 122.032473 0 -0.00% 107.6027 0.69% 99.62% 150.62 0.2 2893.42 400 169.67 0.69 1649.00% 0.53% 3.44 0.119482 9119.38% 2.221699 1446.9 0.155838 4919.00% 7.0 0.38% 2.6471 0.3 106.00% 0.08419 -0.58% 0.0 -0.6137 0.295.33 2174.066 0.032473 0 1428.00% 107.0 0.77 4.18% 0.61404 0.203031 2085.942 0.359 0.4 0.661 0.09 0.01159 400 0 41.284 0.1 5237.3 -0.4 0.233868 766.40% 100.204166 58.00% 7.233868 626.199 0.19 0.119482 13197.00% 7.38% 2.00% 7.4 0.359 0.0478 0.07% 0.00% 107.313.64 0.00% 107.2087 2580.00% 107.55% 4.0241 0.16% 3.53% 3.088 0.52989 -0.685 0.68% 100.43% 0.61737 0.23% 4.2087 4004.157.99 0 1.08378 0 -1 19038.2 0.0 111.204166 65.0 107.53% 3.032473 0 -0.45747 0.0593 0.0 105.032473 0 -0.17 0.1 0.13 0.53% 3.221699 1696.1597 -0.08378 0 -1 15810.01% 72.93% 3.3724 -0.68% 5.203031 1561.33 5039.233868 280.00% 107.3 110.458 0.47 187.143 0.60% 167.08378 0 -1 13130.01159 400 0 84.203031 3220.1 0.088 0.119482 7580.3314 0.33 6218.03% 103.155838 7341.068 0.93% 100.204166 92.643 0.203031 2786.15 0.38% 2.07 0.0 2.222455 4521.33 3310.119482 6300.579 0.057 0.38% 2.05% 103.711 0.74% 80.05 0.64% 0.00% 0.2 0.0 112.55% 100.398 0.203031 1804.0 114.1 0.23432 0.9638 -0.28% 5.21% 0.23% 100.2087 4360.222455 4521.36 0.88 0.3 1762.28% 100.0 108.203031 2410.204166 103.222455 3617.75 1.05% 0.221699 1591.16 0.222455 2893.01159 400 0 26.65% 105.2519 -0.2087 4716.03% 0.4519 -0.86 0.222455 3617.8825 -0.306.222455 3617.119482 19101.2 2224.3731 0.21% 0.204166 73.95 0.16% 100.0 0.53% 3.2 4026.00% 7.7592 -0.06 0.0 400.01159 400 0 32.10% 104.00% 107.714 0.2087 2936.032473 0 -0.01% 0.54 1.2 1168.67% 110.38% 2.1391 -0.233868 419.62% 0.35 0.38% 2.00% 7.617 0.90% 100.155838 8969.00% 0.02 3.33 2682.00% 7.119482 15877.65% 3.77 46.67 115.10% 0.032473 0 -0.00% 0.05985 0.2 52.00% 107.781 0.71% 89.00% 0.07689 -0.12% 0.1 Mar '11 12 mths .808 0.90% 4.169 0.886 0.51 0.233868 936.204166 115.221699 1400.088 0.02% 103.53% 3.95 0.2087 3292.551 0.683 0.08% 104.2087 3648.59% 0 4.649 0.5 0.7 0.02% 0.65% 100.33 4084.00% 7.11 0.353.011.-0.6 0.64% 135.162 0.764 0.0 134.08378 0 -1 9055.08378 0 -1 6244.40% 3.77 2.17 0.233868 512.38% 2.233868 343.08378 0 -1 10903.08% 0.6201 -0.08% 0.53% 3.15% 0.155838 6009.

00% 101.87% 1.35% 0.45% -0.10% 26.17% 72.43% 85.62% 0.45% -0.39% 0.36% 36.25% 12.00% 52.13% 29.00% 45.01% 26.94% 8.43% 44.40% 53.67% 52.70% 101.21% 14.16% 0.55% 1.00% 37.45% -0.69% 0.00% 77.06% 0.99% .37% 0.72% 0.06% 9.00% 112.69% 1.00% 93.43% 0.45% -0.35% 37.10% 80.94% 9.68% 112.92% 0.76% 16.39% 45.00% 54.45% -0.37% 0.20% 0.81% 0.21% 37.01% 44.44% 54.32% 31.22% 1.08% 0.1.71% 0.48% 0.18% 0.47% 0.45% -0.46% 0.99% 31.01% 31.87% 0.10% 131.60% 0.76% 0.07% 0.01% 1.94% 0.35% 9.96% 96.93% 1.68% 0.25% 0.44% 9.01% 37.45% -0.28% 26.92% 61.45% -0.55% 78.10% 88.46% 6.10% 178.45% 79.10% 119.82% 0.15% 20.0 -0.00% 26.00% 72.36% 0.24% 0.77% 43.00% 61.57% 0.68% 0.26% 9.62% 8.61% 93.10% 145.00% 64.00% 86.10% 97.03% 7.96% 1.00% 31.29% 64.36% 8.75% 0.52% 0.49% 65.45% 10.03% 8.08% 0.84% 8.85% 0.10% 108.76% 0.68% 7.42% 18.10% 160.07% 24.56% 0.

2020 12 mths 17545 0.07 17.47 0.16 0.044 1193 0.10 44 -0.41 0.88895 .32 0.213063 -0.185502 55.11 90 0.184924 0.00 18.10 501 -0.604 16307.04 438 -0.20555 20487.003 4 251 0.45 -16.196066 20405.01 1.02 1145 0.66 33.237 31654 0.

21 0.779 0.57% .00% 7.371 0.64037 -0.204166 129.466 0.67 0.9202 -0.71% 0.2087 5072.08378 0 -1 22926.53% 3.863 0.1581 0.032473 0 7672.203031 3722.16 0.01159 400 0 20.00% 107.221699 1751.00% 0.155838 19981.233868 1144.06 0.94% 2.359 0.94% 100.0 103.00% 185.222455 4521.119482 22979.33 102.00% 0.38% 2.-0.

20% 0.76% 134.10% 197.72% 0.1.16% 119.28% .00% 134.51% 0.23% 10.45% -0.33% 0.82% 21.00% 120.84% 117.

564 0.12 209.579 0.38 2622 Liquidity Ratios Current Ratio Quick Ratio Operating Efficiency Ratios Inventory Turnover Ratio Receivable Turnover Ratio Leverage Ratios Total Debt to Total Capitalization Long-Term Debt to Total Capitalization Total Debt to Equity Coverage Ratios Times Interest Earned (TIE) Cash Coverage Ratio .345 8.200 62.120 0.88 0.849607 0.718 0.83% 1.00% 10.163 155.51 88.7 43.213 0.Financial Indicators Valuation Ratios EPS Dividend per Share P/E Ratio P/B (price to book) Ratio Dividend Payout Ratio Profitability Ratios Return on Equity (ROE) Return on Sales (ROS) 2008 2009 2010 2011 6.82 0.441 9.48% 0% 39% 74% 95% 0.5 32.22 92% 0.142229 0.91808 9.237 6.88% 9.421 3.622 7.26 88.844459 6.26935 Growth Rates EPS Growth Rate Dividend Growth Rate Sales Growth Rate EBIT Growth Rate Net Income Growth Rate -4% 10% -1% -13% -8% 37% 82% 36% 133% 165% -25.215242 0.60 243 45.400 187.183 100.320 135.26 0.38 425 2549.664649 6.5 45.337 54.70 52 402.06 80.85 90% 0.25 53% 3.266 0.121 14.400 269.857 13.287 5.220 292.614 0.12527 0.992 0.47% 9.35 90% 0.1 24.30 108.

6 45.434062 0.00 3826.104 170.44 106.00 0% 15.93% 0.47 104.441984 2.44% 23% 0.521577 2.48 104.037 4.35% 23% 0.120 0.53 20% 7.008 1.067 4.615637 1.844 96.697 1257.01 1% 13.742 0.9 45.677437 0.663 34.25 11% 8.563 0.317613 0.06 3% 11.512 245.518691 3.0 45.915 733.376975 1.07 28865 42854.13% 0.081 6.84 108.01355 2.04 0.85 0.027 222.043 203.024 4.726806 1.46% 18% 22% 0.07% 0.62 0.021 1.43% 18% 22% -19.58 0.69% -1% 0.115 1087.609 419.197198 0.099 6.083 177.31% 23% 0.751 475.054 4.2012 2013 2014 2015 2016 2017 2018 2019 2020 6.045 4.45 103.308915 1.283 0.47 106.374625 0.992145 0.69% 0.26 5833 8588.723 24.37% 23% 0.067 186.494 363.13% 0.818 180.49% 18% 22% 0.37% 18% 22% -19.742 664.375 1172.7 45.129 801.271 0.858211 1.17% 0.73% -1% 0.030 4.053 194.2 45.994 1.483 0.958 0.48 105.609868 0.1 45.979698 0.33 95772 .45% 0.022 232.33% 18% 22% 0.01 0% 14.921 0.49 105.138 69.88 0.07% 0.30 8700 12847.35% 18% 22% 0.03 1% 12.130 162.42 35% 5.32% 23% 0.1 45.98 3911 5736.45 64212 95509.551077 4.86 43052 63984.120 0.5 45.034 212.05% 0.173 0.85 19353 28694.976 0.759 132.32% 18% 22% 0.51 0.034 1.42% 23% 0.020 5.40 107.39% 18% 22% 0.061 49.5 45.297 0.41% 18% 22% 0.08 0.12 5% 10.00% 23% 0.806 0.147 0.10 12976 19204.396 16.63 0.

03 80.73 -429.07 136.05 681.99 958.7 139.35 1.66 Net Cash (used in)/from Financing Activities Net (decrease)/increase In Cash and Cash Equivalents Opening Cash & Cash Equivalents Closing Cash & Cash Equivalents average no of shares -250.49 -207. Cr.87 144. ------------------Mar '07 Mar '08 Mar '09 12 mths 12 mths Net Profit Before Tax Net Cash From Operating Activities Net Cash (used in)/from Investing Activities 1728.Cash Flow of Bajaj Auto ------------------.39 82.66 0 0 731.in Rs.48 -123.09 411.8 56.41 .09 83.5 free cash flow calculation 2009 Units 2008 Decrease/(Increase) in Accounts Receivable Decrease/(Increase) in Inventories Decrease/(Increase) in Other Current Assets Increase/(Decrease) in Short term debt Change in current Liability rs bn rs bn rs bn rs bn rs bn rs bn rs bn rs bn Change in Working Capital rs bn Change in Current Asset Increase/(Decrease) in Accounts Payable Increase/(Decrease) in Other Current Liabilities Free Cash Flow to Equity (FCFE) Net Income Net Capital Expenditure Change in net working capital New Debt Debt repayment FCFE Rs bn Rs bn Rs bn Rs bn Rs bn Rs bn 939.07 -207.

330.75 .82 Dividend Discount model Dividends Present value of dividend Intrinsic value 94.50 322.402.08 124.35 144.% NPV Average no of shares Valuation of share Intrinsic value Rs bn bn 9 45.032.90 139.30 17.90 318.70 651.

67 195.042 0.37 93.26 -6.408.75 2013.70 32.73 1.36 0 -0.63 1.88 0 0 5.519.42 0 -0.52 0.741 -2487.85 -0.40 810.81 6.45 409.38 150.62 38.78 1.86 195.73 66.52 1.89 146.41 156.42 0.89 0 0 3.07 7.148 -1819.67 275.08 196.283.038 -2574.04 -2574.042 0.91 114.400.88 275.39 7.62 12 13 14 15 16 17 18 4350.49 28.95 -35.70 0.51 0.30 146.46 136.80 123.41 28.91 0 0 3.25 197.32 408.00 0.75 1054.77 -1096.903.89 -1819.04 -1.Mar '10 Mar '11 12 mths 12 mths 2411.49 0.00 0.93 433.85 1.86 640.290.40 242.732 -0.72 -1096.186.90 9.53 275.89 35.810.401.48 0 0.037 0.38 128.25 0 0 274.10 1.37 10.85 8.18 0.16 15.84 38.071 0.66 -2398.07 -1899.92 101.11 -2163.88 -2149.95 13.64 197.914.565.13 2737.37 109.18 -0.572.55 0 0.08 101.38 0.78 1053.67 0 0 4.73 0 0.91 4.130.15 114.81 18.87 101.74 -2487.94 2010 2011 2012 2013 2014 2015 2016 2017 2018 -85.65 231.04 5.71 2.55 0.182 0.94 -862 55.86 114.244.32 408.43 0 -5.28 -2163.658 -2398.055.81 107.22 0.71 0 0 0 0 0 0 0 0 7.78 1053.08 .30 1.06 11.84 0 0.57 -0.39 176.90 14.862 -2239.090.39 206.17 146.18 10.86 640.035 -608.03 0.171 -2149.306.41 0 0.99 89.00 0.19 641.64 -1899.528 0.71 198.90 -2239.64 0 0.

245.44 28.102.00 0.55 .20 77.58 82.428.039.00 0.47 1.673.107.084.30 70.02 578.762.35 5.17 1.94 3250.40 87.41 28.055.682.174.00 3132.94 0.528.00 0.39 49.49 35.25 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 1.00 0.00 0.157.00 0.20 4.016.310.73 90.17 2.647.45 61.94.28 2.78 3.818.

97 0 0.038.17 1801.95 1517.90 0 0 0 0 18.926.40 283.06 -2635.62 -3258.95 22.97 1.79 -2916.00 -7.32 -2686.35 -2924.00 0.43 0 -7.168 0.205.99 .32 -2686.40 1802.41 332.019 2019 2020 1.79 -2916.43 1801.32 0.19 20 -2635.90 19.024 0.322.75 0.42 17.

00 0.672.17.00 6.218.322.99 0.14 7.37 .00 #DIV/0! 0.

Sign up to vote on this title
UsefulNot useful