Puravankara Projects- Profit & Loss account

Consolidated Profit & Loss account

Rs. Cr
Mar '13

Mar '12

Mar '11

Mar '10

Mar '09

1,245.89

814.51

599.21

478.36

444.9

1,245.89

814.51

599.21

478.36

444.9

2.59

0.96

9.66

4.52

4.54

385.98

1,634.46

815.47

608.87

482.88

449.44

591.8

73.76

49.22

18.88

17.6

16.21

247.84

293.04

402.8

274.81

263.89

31.63

23.64

29

141.62

82.85

2.83

3.27

-152.51

-119.45

-110.04

1,055.02

425.11

303.8

199.43

202.33

576.85

389.4

295.41

278.93

242.57

PBDIT

579.44

390.36

305.07

283.45

247.11

Interest

231.79

192.76

156.6

122.31

113.88

PBDT

347.65

197.6

148.47

161.14

133.23

7.03

5.43

1.43

1.29

1.31

340.62

192.17

147.04

159.85

131.92

2.12

-1.77

340.62

194.29

145.27

159.85

131.92

112.4

62.87

26.2

29.81

2.6

228.22

131.42

119.07

130.04

129.32

Share Of P/L Of Associates

-15.22

-4.32

1.16

-15.28

-15.1

Net P/L After Minority Interest & Share Of

Associates

243.44

133.61

119.68

145.32

144.42

Total Value Addition

463.22

425.11

303.81

199.43

202.34

Preference Dividend

Equity Dividend

26.7

21.34

21.34

Corporate Dividend Tax

4.54

3.46

3.54

2,134.20

2,134.24

2,134.24

2,134.24

2,134.24

10.69

6.16

5.58

6.09

6.06

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
Miscellaneous Expenses
Preoperative Exp Capitalized
Total Expenses
Operating Profit

Depreciation
Other Written Of
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Minority Interest

Per share data (annualized)

Shares in issue (lakhs)
Earnings Per Share (Rs)

Equity Dividend (%)

Book Value (Rs)

89

79.06

73.86

69.59

63.95

Godrej Properties- Profit & Loss account

Consolidated Profit & Loss account

Rs. Cr
Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

1,179.21

1,037.12

770.05

447.06

241.24

Income
Sales Turnover
Excise Duty

1,179.21

1,037.12

770.05

447.06

241.24

75.01

10.45

49.71

111.78

149.14

1,254.22

1,047.57

819.76

558.84

390.38

Raw Materials

Power & Fuel Cost

0.23

0.44

Net Sales
Other Income
Stock Adjustments
Total Income
Expenditure

Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalized
Total Expenses
Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Of

25.3

17.69

6.19

7.31

10.69

838.08

691.57

578.33

317.59

202.25

21.22

11.45

33.21

42.07

27.55

0.01

0.03

-76.94

-88.62

896.59

751.33

612.07

269.42

136.24

282.62

285.79

157.98

177.64

105

357.63

296.24

207.69

289.42

254.14

4.48

5.31

80.34

89.17

353.15

293.24

202.38

209.08

164.97

5.77

4.39

3.88

3.97

2.6

347.38

288.85

198.5

205.11

162.37

0.13

-0.26

-0.18

-0.21

PBT (Post Extra-ord Items)

347.38

288.98

198.24

204.93

162.16

Tax

111.09

91.7

69.5

62.24

38.18

Reported Net Profit

236.29

197.29

128.79

142.68

123.97

76.85

58.85

30.86

11.82

1.16

Profit Before Tax

Extra-ordinary items

Minority Interest
Share Of P/L Of Associates
Net P/L After Minority Interest & Share Of Associates

159.44

138.3

98.19

131.04

123.03

Total Value Addition

896.59

751.32

612.07

269.42

136.24

Preference Dividend

39.87

31.23

23.41

31.43

27.94

6.78

5.31

3.8

5.1

4.64

Equity Dividend
Corporate Dividend Tax

Per share data (annualized)

Shares in issue (lakhs)
Earnings Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)

1,992.34

780.46

780.37

698.5

698.5

11.86

25.28

16.5

20.43

17.75

90.01

183.09

184.87

130.51

117

Puravankara Projects- Balance sheet

Consolidated Balance Sheet

Rs. Cr
Mar '13

Mar '12

Mar '11

Mar '10

Mar '09

Total Share Capital

106.71

106.71

106.71

106.71

106.71

Equity Share Capital

106.71

106.71

106.71

106.71

106.71

Share Application Money

Preference Share Capital

Init. Contribution Settler

Preference Share Application Money

Employee Stock Option

1,792.80

1,580.60

1,469.67

1,378.52

1,258.17

Net worth

1,899.51

1,687.31

1,576.38

1,485.23

1,364.88

Secured Loans

1,527.01

909.97

1,120.86

872.57

810.58

96.46

86.53

37.85

8.5

1,623.47

996.5

1,158.71

881.07

814.58

Minority Interest

Policy Holders Funds

Group Share in Joint Venture

3,522.98

2,683.81

2,735.09

2,366.30

2,179.46

126.81

105.59

74.38

64.2

63.21

40.47

34.97

31.66

27.97

16.92

Sources Of Funds

Reserves
Revaluation Reserves

Unsecured Loans
Total Debt

Total Liabilities
Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block

86.34

70.62

42.72

36.23

46.29

Capital Work in Progress

798.26

2.01

112.06

115.17

111.35

Investments

144.19

123.26

118.94

119.11

103.82

2,117.63

1,732.31

2,421.80

2,140.88

2,079.49

Sundry Debtors

307.31

199.85

114.35

111.2

114.61

Cash and Bank Balance

233.36

73.17

59.57

62.57

13.35

Total Current Assets

2,658.30

2,005.33

2,595.72

2,314.65

2,207.45

Loans and Advances

382.89

1,214.53

220.22

173.13

165.25

40.33

15.64

13.44

Inventories

Fixed Deposits

Total CA, Loans & Advances

3,041.19

3,219.86

2,856.27

2,503.42

2,386.14

507.38

695.73

365.39

379.51

466.74

39.61

36.21

29.52

28.14

1.41

546.99

731.94

394.91

407.65

468.15

2,494.20

2,487.92

2,461.36

2,095.77

1,917.99

Minority Interest

Group Share in Joint Venture

Miscellaneous Expenses

3,522.99

2,683.81

2,735.08

2,366.28

2,179.45

82.58

24.6

25.73

1.71

1.71

89

79.06

73.86

69.59

63.95

Deferred Credit
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets

Total Assets
Contingent Liabilities
Book Value (Rs)

Godrej Properties- Balance sheet

Consolidated Balance Sheet

Rs.cr.
Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

Total Share Capital

99.12

78.05

78.04

69.85

69.85

Equity Share Capital

99.12

78.05

78.04

69.85

69.85

Share Application Money

Preference Share Capital

Unit. Contribution Settler

Preference Share Application Money

Sources Of Funds

Employee Stock Option

1,694.28

1,350.90

1,364.61

841.74

747.42

Net worth

1,793.40

1,428.95

1,442.65

911.59

817.27

Secured Loans

1,499.65

1,116.49

1,169.11

547.79

383.15

929.38

546.8

764.14

397.07

326.43

2,429.03

1,663.29

1,933.25

944.86

709.58

203.06

105.92

46.7

14.83

2.97

Policy Holders Funds

Group Share in Joint Venture

4,425.49

3,198.16

3,422.60

1,871.28

1,529.82

Gross Block

80.12

66.36

58.17

56

33.96

Less: Accum. Depreciation

16.38

13.87

10.97

9.92

6.35

Net Block

63.74

52.49

47.2

46.08

27.61

Capital Work in Progress

61.79

33.64

17.79

1.38

0.22

14.14

207.81

Reserves
Revaluation Reserves

Unsecured Loans
Total Debt
Minority Interest

Total Liabilities
Application Of Funds

Investments

Inventories
Sundry Debtors
Cash and Bank Balance

3,726.79

3,235.19

2,738.40

1,015.45

725.09

159.96

107.02

248.63

289.95

179.8

871.01

170.72

532.27

17.88

34.32

Total Current Assets

4,757.76

3,512.93

3,519.30

1,323.28

939.21

Loans and Advances

1,263.43

1,079.79

1,124.93

697.25

492.7

131.15

61.19

6,021.19

4,592.72

4,644.23

2,151.68

1,493.10

1,662.28

1,429.41

1,238.48

291.96

161.91

58.96

51.28

48.15

50.06

37

Total CL & Provisions

1,721.24

1,480.69

1,286.63

342.02

198.91

Net Current Assets

4,299.95

3,112.03

3,357.60

1,809.66

1,294.19

Minority Interest

Group Share in Joint Venture

Fixed Deposits
Total CA, Loans & Advances
Deferred Credit
Current Liabilities
Provisions

Miscellaneous Expenses
Total Assets
Contingent Liabilities
Book Value (Rs)

0.01

4,425.48

3,198.16

3,422.59

1,871.27

1,529.83

1,735.86

44.84

8.81

6.88

3.33

90.01

183.09

184.87

130.51

117

Puravankara Projects- Key Financial Ratios

Key Financial Ratios

Rs. Cr
Mar '13

Mar '12

Mar '11

Mar '10

Mar '09

Investment Valuation Ratios

Face Value

Dividend Per Share

--

--

--

--

--

Operating Profit Per Share (Rs)

27.03

18.25

13.84

13.07

11.37

Net Operating Profit Per Share (Rs)

58.38

38.16

28.08

22.41

20.85

Free Reserves Per Share (Rs)

--

--

68.8

64.14

58.79

82.46

82.46

82.46

82.46

82.46

Operating Profit Margin (%)

46.29

47.8

49.29

58.3

54.52

Profit Before Interest And Tax Margin (%)

45.64

47.08

48.29

57.5

53.67

Gross Profit Margin (%)

45.73

47.14

49.06

58.03

54.22

Cash Profit Margin (%)

18.84

16.52

20.06

27.18

29.07

Adjusted Cash Margin (%)

18.84

16.52

20.06

27.18

29.07

Net Profit Margin (%)

19.49

16.64

19.36

30.09

32.12

Adjusted Net Profit Margin (%)

19.49

16.64

19.36

30.09

32.12

Return On Capital Employed (%)

16.24

14.34

11.09

11.92

11.28

Return On Net Worth (%)

12.81

8.04

7.47

9.78

10.58

Adjusted Return on Net Worth (%)

12.01

7.66

7.65

8.75

9.47

Bonus in Equity Capital

Profitability Ratios

Return on Assets Excluding Revaluations

89

79.06

73.86

69.59

63.95

Return on Assets Including Revaluations

89

79.06

73.86

69.59

63.95

20.46

16.67

12.29

13.74

12.17

Current Ratio

1.58

2.31

3.21

2.44

3.05

Quick Ratio

1.69

2.03

1.1

0.89

0.66

Debt Equity Ratio

0.85

0.59

0.74

0.59

0.6

Long Term Debt Equity Ratio

0.47

0.37

0.57

0.38

0.48

Interest Cover

2.47

2.16

2.44

2.37

Total Debt to Owners Fund

0.85

0.59

0.74

0.59

0.6

2.5

2.03

1.95

2.32

2.17

2.08

1.73

1.76

2.2

2.28

Inventory Turnover Ratio

0.59

0.47

21.11

21.09

22.54

Debtors Turnover Ratio

4.91

5.18

5.31

4.24

4.52

Investments Turnover Ratio

0.59

0.47

21.11

21.09

22.54

Fixed Assets Turnover Ratio

10.03

7.83

8.3

7.69

7.27

Total Assets Turnover Ratio

0.35

0.3

0.22

0.2

0.2

0.4

0.3

0.23

7.69

7.27

Average Raw Material Holding

--

--

--

--

--

Average Finished Goods Held

--

--

--

--

--

700.54

1,099.62

1,478.77

1,577.22

1,551.98

47.5

--

--

--

--

Imported Composition of Raw Materials

Consumed

--

--

--

--

--

Selling Distribution Cost Composition

--

--

3.49

2.72

3.83

Expenses as Composition of Total Sales

--

--

--

0.18

--

Dividend Payout Ratio Net Profit

12.83

18.27

21.1

--

--

Dividend Payout Ratio Cash Profit

12.47

17.57

20.85

--

--

Earning Retention Ratio

86.32

80.82

79.39

100

100

Cash Earning Retention Ratio

86.73

81.59

79.63

100

100

6.9

7.4

9.49

6.71

6.23

Return on Long Term Funds (%)

Liquidity And Solvency Ratios

Debt Coverage Ratios

Financial Charges Coverage Ratio

Financial Charges Coverage Ratio Post Tax
Management Efficiency Ratios

Asset Turnover Ratio

Number of Days In Working Capital

Profit & Loss Account Ratios
Material Cost Composition

Cash Flow Indicator Ratios

Adjusted Cash Flow Times

Godrej Properties- Key Financial Ratios

Key Financial Ratios

Rs. Cr.
Mar '13

Mar '12

Mar '11

Mar '10

Mar '09

10

10

10

10

10

Investment Valuation Ratios

Face Value

Dividend Per Share

--

--

--

--

--

36.62

20.25

25.43

15.03

19.97

132.89

98.68

64

34.54

42.29

--

--

120.51

107

39.46

69.45

69.45

77.6

77.65

89.77

Operating Profit Margin (%)

27.55

20.51

39.73

43.52

47.22

Profit Before Interest And Tax Margin (%)

26.86

18.79

37.02

40.87

46.75

Gross Profit Margin (%)

27.13

20.01

38.84

42.44

46.78

Cash Profit Margin (%)

19.23

16.21

12.16

-5.21

13.99

Adjusted Cash Margin (%)

19.23

16.21

12.16

-5.21

13.99

Net Profit Margin (%)

13.21

11.94

27.89

49.02

29.21

Adjusted Net Profit Margin (%)

13.21

11.94

27.89

49.02

29.21

9.43

6.03

10.53

7.31

12.52

Operating Profit Per Share (Rs)

Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios

Return On Capital Employed (%)

Return On Net Worth (%)

9.68

6.78

14.35

15.02

24.98

13.79

8.94

5.82

-1.91

11.58

Return on Assets Excluding Revaluations

183.09

184.87

130.51

117

49.46

Return on Assets Including Revaluations

183.09

184.87

130.51

117

49.46

16.17

6.03

16.51

9.67

17.12

Current Ratio

1.19

3.61

1.5

2.13

1.64

Quick Ratio

0.91

1.48

3.32

3.86

4.67

Debt Equity Ratio

1.16

1.34

1.04

0.87

2.2

Long Term Debt Equity Ratio

0.26

1.34

0.3

0.41

1.34

97.25

38.4

2.48

1.29

14.47

Adjusted Return on Net Worth (%)

Return on Long Term Funds (%)

Liquidity And Solvency Ratios

Debt Coverage Ratios

Interest Cover
Total Debt to Owners Fund

1.16

1.34

1.04

0.87

2.2

Financial Charges Coverage Ratio

98.71

39.13

2.48

1.28

2.29

Financial Charges Coverage Ratio Post Tax

48.59

20.18

2.68

2.41

2.44

Inventory Turnover Ratio

0.32

0.28

--

--

--

Debtors Turnover Ratio

5.83

2.86

1.9

1.52

--

Investments Turnover Ratio

0.32

0.28

--

0.43

0.54

Fixed Assets Turnover Ratio

42.22

33.92

22.73

18.7

35.96

Total Assets Turnover Ratio

0.33

0.23

0.24

0.16

0.28

Asset Turnover Ratio

0.31

0.29

22.73

18.7

35.96

Average Raw Material Holding

--

--

--

--

--

Average Finished Goods Held

--

--

--

--

--

1,080.23

1,569.68

1,457.26

1,931.28

1,292.92

Material Cost Composition

--

--

--

--

--

Imported Composition of Raw Materials Consumed

--

--

--

--

--

Selling Distribution Cost Composition

--

--

3.95

3.27

0.92

Management Efficiency Ratios

Number of Days In Working Capital

Profit & Loss Account Ratios

Expenses as Composition of Total Sales

--

--

--

--

--

Dividend Payout Ratio Net Profit

26.39

27.78

27.91

26.52

23.66

Dividend Payout Ratio Cash Profit

25.58

26.72

27.09

25.97

23.3

Earning Retention Ratio

81.47

78.92

31.18

307.98

48.99

Cash Earning Retention Ratio

81.88

79.53

35.97

74.31

50.62

8.25

14.54

16.56

5.6

18.34

Cash Flow Indicator Ratios

Adjusted Cash Flow Times

Puravankara Projects- Capital structure

Capital Structure
Period
Fro
m
201
2
201
1
201
0
200
9
200
8
200
7
200
6

Instrument

To
201
3
201
2
201
1
201
0
200
9
200
8
200
7

Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share

--- CAPITAL (Rs. cr)

--Authorized
Issue
d
106.7
160
1
106.7
160
1
106.7
160
1
106.7
160
1
106.7
120
1
106.7
120
1

Equity Share

120

96.01

-PAIDUPShares
(nos)

Face Value

213424000

213424000

213424335

213424335

213424335

213424335

192017455

Capita
l
106.7
1
106.7
1
106.7
1
106.7
1
106.7
1
106.7
1
96.01

Godrej Properties- Capital structure

Capital Structure
Period
Fro
m
201
3
201
2
201
1
201
0
200
9
200
8
200
7
200
6
200
5
200
4
200

Instrument

To

--- CAPITAL (Rs. cr)

--Authorized
Issue
d

-PAIDUPShares
(nos)

Face Value

Capita
l

2014

Equity Share

117

99.12

198246520

99.12

2013

Equity Share

117

78.05

78046103

10

78.05

2012

Equity Share

100

78.04

78036819

10

78.04

2011

Equity Share

100

69.85

69850009

10

69.85

2010

Equity Share

100

69.85

69850009

10

69.85

2009

Equity Share

100

60.42

60420259

10

60.42

2008

Equity Share

100

60.42

60420259

10

60.42

2007

Equity Share

10

6.44

6444545

10

6.44

2006

Equity Share

10

6.44

6444545

10

6.44

2005

Equity Share

10

6.44

6444545

10

6.44

2003

Equity Share

10

6.44

6444545

10

6.44

2
199
9
199
5
199
4
199
3

2000

Equity Share

10

6.44

6444545

10

6.44

1999

Equity Share

10

6.36

6364983

10

6.36

1995

Equity Share

10

4.36

4364983

10

4.36

1994

Equity Share

2.5

19.99

1122740

10

1.12

Puravankara Projects - Cash flow

Cash Flow

Rs. Cr
Mar '13

Mar '12

Mar '11

Mar '10

Mar '09

166.81

67.68

94.93

166.37

135.55

Net Cash From Operating Activities

180.81

51.66

-312

97

-12.84

Net Cash (used in)/from Investing Activities

-31.73

-29.32

174.04

-25.73

-29.9

Net Cash (used in)/from Financing Activities

-2.38

-11.02

148.42

-49.53

33.4

146.71

11.32

10.45

21.73

-9.34

52.98

43.04

31.2

25.09

34.43

199.69

54.36

41.65

46.82

25.09

Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

96.21

139.61

104.4

155.56

158.75

Net Cash From Operating Activities

-448.15

120.6

-452.81

-467.95

-308.33

Net Cash (used in)/from Investing Activities

-362.28

-39.94

29.94

266.21

14.33

Net Cash (used in)/from Financing Activities

1415.21

-490.6

727.91

270.36

351.61

604.79

-409.94

305.04

68.61

57.62

47.73

454.66

130.08

72.35

14.73

652.52

44.72

435.11

140.96

72.35

Net Profit Before Tax

Net (decrease)/increase In Cash and Cash Equivalents

Opening Cash & Cash Equivalents
Closing Cash & Cash Equivalents

Godrej Properties - Cash flow

Rs. Cr
Cash Flow
Net Profit Before Tax

Net (decrease)/increase In Cash and Cash Equivalents

Opening Cash & Cash Equivalents
Closing Cash & Cash Equivalents