Ratio Analysis

GP Ratio
  Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
Gross
Profit 14240.5 11674.4 7838.75 5489.61 3873.99

sales 17,492.60 13683.9 10227.12 7233.16 5134.89

GP Ratio 81.40871 85.31486 76.6467 75.89504 75.444459

 Net Profit Ratio

  Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
sales 17,492.60 13683.9 10227.12 7233.16 5134.89
net profit 3,715.60 3254.5 2483.9 1855.25 1142.45
Net Profit
Ratio 21.240982 23.78342 24.28738 25.64923 22.248773
 Operating ratio
  Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
sales 17,492.60 13683.9 10227.12 7233.16 5134.89
cost of
goods
sold 3,252.10 2009.5 2388.37 1743.55 1260.9
operatin
g
expense
s 10,524.90 8,419.90 5354.86 3671.48 2745.52
Operatin
g ratio 78.76 76.22 75.71 74.86 78.02
 Debt Equity ratio

  Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
Debt 3,822.40 238.00 50.16 62.09 100.69
Equity 15,433.10 9,554.90 6,478.10 4,955.74 3,608.28
Debt Equity
ratio 0.2476755 0.024909 0.007743 0.012529 0.0279053
 Current ratio
  Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
Current
Assets 12,058.10 6,338.40 4,076.68 2,672.86 2,038.41
Current
Liabilities 4,742.30 3,767.60 2,788.39 1,734.83 1,680.89
Current ratio 2.5426692 1.682344 1.462019 1.540704 1.2126968
 Fixed Asset T.O ratio
  Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
cost of goods
sold 3,252.10 2009.5 2388.37 1743.55 1260.9
fixed Assets 8,117.30 6,984.10 5,189.81 4,017.71 3,250.76
Fixed Asset
T.O ratio 0.4006381 0.287725 0.460204 0.433966 0.3878785
 Return on networth
  Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
net profit 3,715.60 3254.5 2483.9 1855.25 1142.45
Equity 15,433.10 9,554.90 6,478.10 4,955.74 3,608.28
Return
on
networth 24.075526 34.06106 38.34303 37.43639 31.6619
Income: 

Operating income  17,492.60 13,683.90 10,227.12 7,233.16 5,134.89

Expenses 
Material
consumed  2,952.30 1,889.00 1,367.67 1,185.48 846.28
Manufacturing
expenses  299.8 120.5 1,020.70 558.07 414.62
Personnel
expenses 7,409.10 5,764.50 4,279.03 2,878.53 864.44

Selling expenses 532.1 0 171.05 107.15 77.02

Adminstrative
expenses 2,583.70 2,655.40 904.78 685.8 1,804.06
Expenses
capitalised 0 0 0 -37.12 -13.99

Cost of sales 13,777.00 10,429.40 7,743.22 5,377.92 3,992.43

Operating profit 3,715.60 3,254.50 2,483.90 1,855.25 1,142.45

Other recurring
income 326.9 288.7 113.59 75.44 88.05

Adjusted PBDIT 4,042.50 3,543.20 2,597.49 1,930.68 1,230.50

Financial
expenses 116.8 7.2 3.13 5.57 3.52

Depreciation  456 359.8 292.26 185.97 151.6

Other write offs 0 0 0 0 0

Adjusted PBT 3,469.70 3,176.20 2,302.10 1,739.15 1,075.39
Tax charges  406.4 334.1 286.1 255.15 141.27
Adjusted PAT   3,063.30   2,842.10   2,016.00   1,484.00   934.12
Non recurring items 0 0 38.33 17.88 3.87

Other non cash

adjustments 0 0 -33.85 -7.06 -23.11
Reported net profit 3,063.30 2,842.10 2,020.48 1,494.82 914.88

Earnigs before
appropriation 3,063.30 2,842.10 2,020.48 1,494.82 914.88
Equity dividend 876.5 873.7 712.88 351.79 675
Preference dividend 0 0 0 0 0
Dividend tax 148.9 126.8 99.98 49.34 86.48
Retained earnings 2,037.90 1,841.60 1,207.62 1,093.70 153.39
Sources of funds
Owner's fund
Equity share capital 292.3 291.8 285.15 140.71 46.55
Share application
money 58 0 7.49 1.21 0
Preference share
capital 0 0 0 0 0
Reserves & surplus 11,260.40 9,025.10 6,135.30 4,751.73 3,461.04
Loan funds
Secured loans 4 23.2 45.06 21.59 94.75
Unsecured loans 3,818.40 214.8 5.1 40.5 5.94
Total 15,433.10 9,554.90 6,478.10 4,955.74 3,608.28
Uses of funds
Fixed assets
Gross block 2,282.20 1,645.90 2,364.53 1,763.49 1,333.68
Less : revaluation
reserve 0 0 0 0 0
Less : accumulated
depreciation 0 0 1,246.27 855.53 678.66
Net block 2,282.20 1,645.90 1,118.25 907.96 655.02
Capital work-in-
progress 1,335.00 989.5 612.36 250.24 139.71
Investments 4,500.10 4,348.70 3,459.20 2,859.51 2,456.03
Net current assets
Current assets, loans
& advances 12,058.10 6,338.40 4,076.68 2,672.86 2,038.41
Less : current
liabilities & provisions 4,742.30 3,767.60 2,788.39 1,734.83 1,680.89
Total net current
assets 7,315.80 2,570.80 1,288.29 938.03 357.52
Miscellaneous
expenses not written 0 0 0 0 0
Total 15,433.10 9,554.90 6,478.10 4,955.74 3,608.28
Notes:
Book value of
unquoted investments 0 0 514.23 782.71 654.63
Market value of quoted
investments 0 0 2,956.87 2,088.71 1,803.84
Contingent liabilities 749.9 318.4 509.18 676.65 387.99
Number of equity
sharesoutstanding
(Lacs) 14615 14590 14257.54 7035.71 2327.59