2008 2009 2010 9month-2010 9month-2011

Sales 3,663.52 4,363.21 5,866.34 4,209.20 4,960.55

Growth 0.190988 0.344501 0.1785018531

Profit 211.24 407.89 836.55 548.59 716.25

Growth 0.930932 1.050921 0.3056198618
 Torrent
2011(9 m) 2010 2009
Turnover 5,112.44 5,909.20 4,363.21
Net Profit 726.14 836.55 407.89
Profit% 0.142034 0.141567 0.093484
Assets 6,531.81 3,638.21
Debt 7,151.44 6,485.70
 CASH FLOW STATEMENT
Mar-11 Mar-12
Amt(Rs) Amt(Rs) Amt(Rs) Amt(Rs)
Net Profit for the year ended 1535.47 981.55
(A)Cash from Operating activities:
interest paid 314.37 910.00
Depreciation 395.01 336.35
changes in working capital:
Debtors -81.44 -93.66
Creditors 234.00 269.09
Provisions 141.42 162.63
Stock -21.61 -24.85
Cash Generated 2,517.22 2,541.11
Tax paid 349.90 289.54
Net cash flow from operating activities 2,167.32 2,251.57

(B)Cash from Investing activities:

Loans & Advances -110.31 345.69

©Cash from Financing activities:

Issue of Equity Shares - 2,500.00
Secured Loan - 6,000.00
Interest paid on Loan -314.37 -910.00 7,590.00
Net Cash generated during the year 1,742.64 10,187.26
Add: Opening cash & cash equivalent 1,171.43 2,914.07
Closing cash & cash equivalent 2,914.07 13,101.33
 Projected Profit & Loss A/C
Actual
Mar-10 Mar-11 Mar-12 Mar-13
INCOME
Sales Turnover 5866.34 6913.48 8147.54 15652.37
Other Income 77.14 92.60 108.06 110.00
Total Income 5943.48 7006.08 8255.60 15762.37

data based on
EXPENDITURE avg of 2 years
Raw Materials 181.43 156.24 184.13 353.74
Power & Fuel cost 1886.75 1844.52 2173.76 4176.05
Employee Cost 306.66 373.33 439.97 845.23
Other Manufacturing Expenses 1562.85 2301.24 3039.63 2279.72
Selling& Administration Expenses 232.62 198.42 233.83 449.22
Miscellaneous Expenses 81.23 87.80 103.47 198.79
Preoperative Exp Capitalised -143.94 -200.32 -147.10 -250.00
Total Expenses 4107.60 4761.23 6027.70 8052.75

Profit before Int, Depn, Tax(PBDIT) 1835.88 2244.85 2227.90 7709.62

Interest 314.37 314.37 910.00 910.00
PBDT 1521.51 1930.48 1317.90 6799.62
Depreciation 335.35 395.01 336.35 4720.07
PBT 1186.16 1535.47 981.55 2079.55
Tax 349.90 452.94 289.54 613.44
Net Profit 836.26 1082.53 692.00 1466.11
(All in Rs Crore)
 Balance Sheet
Mar-10 Mar-11
Sources of funds
Equity Share Capital 472.45 472.45
Reserves 3487.7 5609.77
Secured Loans 3133.31 3133.31
Unsecured Loans 57.98 57.98
Total Liabilities 7151.44 9273.514

Application Of Funds
Net Block 6531.81 6136.8
Investments 357.9 357.9
Inventories 144.05 165.66
Sundry Debtors 542.94 624.38
Cash & Bank balance 1171.43 2914.07
Loans & Advances 735.38 845.69
Fixed Deposits 1107.17 1107.17
Total Current Assets 3700.97 5656.96
Current Liabilities 1559.97 1793.97
Provisions 942.77 1084.19
Total Current Liabilities 2502.74 2878.15
Net Current Assets 1198.23 2778.814
Total Assets 8087.94 9273.514
 (All in Rs Crore)
Mar-12 Mar-13

572.45 572.45
8535.70 10001.81
9133.31 9133.31
57.98 57.98
18299.44 19765.55

5800.45 12080.38 1.77005

357.9 357.9
190.51 333.39
718.04 1256.57
13101.33 9917.96
500.00 500.00
941.09 799.93
15450.97 12807.84
2063.06 3610.36
1246.81 1870.22
3309.87 5480.58
12141.09 7327.27
18299.44 19765.55
 Ratio Analysis
Mar-11 Mar-12 Mar-13
No. of shares Outstanding(cr) 4.730 5.730 5.730
Face Value per share(rs) 10.000 10.000 10.000
Net Profit Margin(%) 15.658 8.493 9.367
Debt Equity Ratio 0.525 1.009 0.869
Interest Coverage Ratio(times) 7.141 2.448 8.472
Fixed Assets Turnover Ratio(times) 1.127 1.405 1.296
Earnings Per Share 22.913 12.088 25.611
Book Value Per share 128.724 159.094 184.703
Price Earnings (P/E) Ratio 10.700 - -
CMP 230.000 - -