Hundred and fourth annual report 2010-11

Financial Ratios
2010-11 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 1. EBITDA/Turnover PBT/Turnover Return on Avg. Capital Employed Return on Avg. Net Worth Asset Turnover Inventory Turnover (in days) Debtors Turnover (in days) Gross Block to Net Block Net Debt to Equity Current Ratio Interest Cover ratio Networth per share (post CCPS conversion) Earnings per share (Basic) Dividend Payout P/E Ratio 41.58% 33.26% 15.52% 16.04% 79.88% 42.00 5.00 1.59 0.49 1.64 8.52 533.97 75.63 19.00% 8.2 2009-10 39.19% 28.83% 14.25% 15.12% 94.83% 46.00 8.00 1.63 0.61 1.15 5.78 448.60 60.26 17.00% 10.50 2008-09 2007-08 38.83% 30.09% 16.12% 18.33% 43.00 9.00 1.63 0.78 1.12 7.35 360.18 69.45 29.00% 2.97 41.93% 33.70% 20.53% 22.84% 42.00 11.00 1.65 0.81 0.90 9.44 376.28 66.80 30.00% 10.38 2006-07 41.34% 35.68% 32.37% 36.09% 76.54% 43.00 12.00 1.68 (0.15) 2.18 37.01 214.80 65.28 26.00% 6.89 2005-06 40.35% 34.44% 40.81% 42.90% 45.00 13.00 1.68 0.02 1.10 43.08 171.68 63.35 23.00% 8.47 2004-05 2003-04 41.89% 36.34% 49.43% 62.01% 37.00 16.00 1.65 0.18 1.10 29.21 123.68 62.77 24.00% 6.39 31.82% 24.83% 28.02% 46.28% 39.00 27.00 1.69 0.42 1.03 22.76 78.77 31.55 24.00% 12.16 2002-03 2001-02 24.34% 16.87% 14.48% 16.29% 35.88% 43.00 43.00 1.64 1.15 1.35 5.14 86.35 27.44 4.87 3.51% 6.35% 6.38% 50.00 64.00 1.56 1.34 1.53 1.64 66.81 5.51 17.72

99.17% 105.36%

108.13% 110.13% 100.41%

77.97% 63.07%

33.00% 73.00%

EBITDA/Turnover : Earnings Before Interest Depreciation Tax and Exceptional Items/Turnover. (EBITDA : Profit before Taxes +/(-) Exceptional Items + Net Finance Charges + Depreciation). (Turnover : Sales & Other Operating Income less Excise Duty).

2. 3.

PBT/Turnover : Profit Before Tax/Turnover. (Profit before Taxes +/(-) Exceptional Items). Return on Average Capital Employed : EBIT/Average Capital Employed. (Capital Employed : Total Funds Employed Miscellaneous Expenses to the extent not written off or adjusted Foreign Currency Monetary Item Translation Difference Account)). (EBIT : Profit before Taxes +/(-) Exceptional Items + Net Finance Charges).

4.

Return on Average Net Worth : Profit after Taxes/Average Net Worth. (Net Worth : Equity Share Capital + Preference Share Capital + Reserves & Surplus + Hybrid Perpetual Securities Miscellaneous Expenses to the extent not written off or adjusted - Foreign Currency Monetary Item Translation Difference Account).

5. 6. 7. 8. 9.

Asset Turnover : Net Sales/(Total Assets - Investments Misc Expenses to the extent not written off or adjusted Foreign Currency Monetary Item Translation Difference Account Advance Against Equity + Current Liabilities & Provisions). Inventory Turnover : Average Inventory/Sale of Products in days. Debtors Turnover : Average Debtors/Turnover in days. Gross Block to Net Block : Gross Block/Net Block. Net Debt to Equity : Net Debt/Average Net Worth. (Net Debt : Secured Loans + Unsecured loans Cash & Bank Current Investments).

10. Current Ratio : Current Assets (excluding advance against equity)/Current Liabilities. 11. Interest Cover Ratio : Earnings Before Interest and Tax/Net Finance Charges. 12. Net Worth per share : Net Worth/Average Number of Equity Shares (post CCPS conversion). 13. Earnings per share(Basic) : Profit attributable to Ordinary Shareholders/Weighted average number of ordinary shares. 14. Dividend Payout : Dividend/Profit after Taxes. 15. P/E Ratio : Market Price/Earnings per share (Basic).

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