DABUR BRITANNIA HUL

Tangible Assets 971.88 1283.85 3907.00

Intangible Assets 15.37 7.62 436.00
Capital work-in-progress 21.69 64.91 373.00
Other Assets 49.37 36.13 0.00
Non Current Investments 2236.74 1050.97 256.00
Deferred Tax Assets (Net) 0.00 0.00 339.00
Long Term Loans And Advances 13.14 15.55 396.00
Other Non-Current Assets 146.24 123.67 784.00
Total Non Current Assets 3454.43 2582.70 6491.00

Current Investments 725.40 594.70 2693.00

Inventories 732.90 718.89 2422.00
Trade Receivables 431.46 350.96 1673.00
Cash and Cash Equivalent 124.71 40.48 3688.00
Short Term Loans and Advances 4.56 1121.41 0.00
Other current assets 105.32 243.83 898.00
Total current assets 2124.35 3070.27 11374.00

Total Assests 5578.78 5652.97 17865.00

Equity Share Capital 176.63 24.03 216.00

Reserves and Surplus 3717.20 4015.42 7418.00
Employee Stock Option 74.99 25.00
Total Shareholder's Fund 3968.82 4039.45 7659.00

Long Term Borrowings 26.05 0.26 0.00

Deffered Tax Liabilities 8.32 3.87 0.00
Other Long Term Liabilities 4.56 27.03 804.00
Long Term Provisions 52.76 1049.00
Total Non Current Liabilties 91.69 31.16 1853.00

Short Term Borrowings 108.72 0.00 0.00

Trade Payables 998.32 1032.54 7070.00
Other Current Liabilities 330.14 361.30 782.00
Short Term Provisions 81.09 188.52 501.00
Total Current Liabilities 1518.27 1582.36 8353.00

Total Capital And Liabilities 5578.78 5652.97 17865.00

Revenue from Operations (Sales) 6189.54 10389.49 37660.00

Other Operating Revenues 83.65 92.96 564.00
Other Income 274.74 190.52 664.00
Total Revenue 6547.93 10672.97 38888.00

Cost of Material Consumed 2262.51 4944.77 13240.00

Purchase of Stock-in-Trade 984.91 1381.88 4708.00
Changes in Inventories of FG,WIP and Stock-In
Trade 10.09 -49.02 12.00
Employee Benefit Expenses 572.33 321.64 1747.00
Finance Costs (Interest) 29.80 1.54 28.00
Depreciaition and Amotisation Expenses 108.83 135.00 524.00
Other Expenses 1076.11 2221.05 9880.00
Total Expenses 5044.58 8956.86 30139.00

EBIT 1533.15 1717.54 8550.00

EBT 1503.35 1716.00 8522.00
Tax 239.06 593.91 2486.00
PAT 1264.29 1122.20 6036.00

Earnings Per Share (Diluted) 7.13 46.68 27.88

Share Price (Face Value) 1.00 1.00 1.00
Market Price Share 444.30 2635.45 1847.95
Book Value 33.50 178.34 36.31

COGS 3257.51 6277.63 17960.00

Gross Profit 3015.68 4204.82 20264.00
Quick Assets 1391.45 2351.38 8952.00
Debt (Borrowings) 134.77 0.26 0.00
NESTLE INDUSTRY AVERAGE (EXCLUDING NESTLE)
2400.62 2054.24
0.00 153.00
105.20 153.20
0.00 28.50
733.36 1181.24
0.00 113.00
40.14 141.56
71.81 351.30
3351.13 4176.04

1925.13 1337.70
965.55 1291.26
124.59 818.47
1610.06 1284.40
17.89 375.32
93.73 415.72
4736.95 5522.87

8088.08 9698.92

96.42 138.89
3577.32 5050.21
0.00 50.00
3673.74 5222.42

35.14 8.77
58.82 4.06
0.51 278.53
2464.92 550.88
2559.39 658.62

0.00 36.24
1240.37 3033.62
457.32 491.15
157.26 256.87
1854.95 3817.88

8088.08 9698.92

11216.23 18079.68
76.04 246.87
258.92 376.42
11551.19 18702.97

4365.68 6815.76
230.56 2358.26

-6.01 -8.98
 1124.15 880.32
111.95 19.78
335.67 255.94
2856.56 4392.39
9122.24 14713.48

2540.90 3933.56
2428.95 3913.78
822.02 1106.32
1606.93 2807.50

166.67 27.23
10.00 1.00
12480.75 1642.57
381.03 82.72

4590.23 9165.05
6702.04 9161.50
3771.40 4231.61
35.14 45.01
 Nestle 2015-16 Nestle 2016-17 Nestle 2017-18 Nestle 2018-19
Tangible Assets 2,897.85 2,729.46 2616.18 2400.62
Capital work-in-progress 230.79 188.17 94.16 105.20
Non Current Investments 341.78 474.31 585.28 733.36
Long Term Loans And Advances 129.95 135.04 46.35 40.14
Other Non-Current Assets 0 0 83.23 71.81
Total Non Current Assets 3,600.85 3,526.98 3425.2 3351.13

Current Investments 983.14 1,275.04 1393.59 1925.13

Inventories 820.81 943.18 902.47 965.55
Trade Receivables 78.42 97.93 88.97 124.59
Cash and Cash Equivalent 499.55 880 1457.42 1610.06
Short Term Loans and Advances 82.97 57.02 28.8 17.89
Other current assets 14.72 25.82 66 93.73
Total current assets 2,479.61 3,278.99 3937.39 4736.95

Total Assests 6,080.46 6,805.97 7362.59 8088.08

Equity Share Capital 96.42 96.42 96.42 96.42

Reserves and Surplus 2,721.42 2,917.28 3324.17 3577.32
Total Shareholder's Fund 2,817.84 3,013.70 3420.59 3673.74

Long Term Borrowings 16.79 33.15 35.14 35.14

Deffered Tax Liabilities 172.93 154.21 121.96 58.82
Other Long Term Liabilities 0 0 0.6 0.51
Long Term Provisions 1,597.17 1,972.21 2291.59 2464.92
Total Non Current Liabilties 1,786.89 2,159.57 2449.29 2559.39

Short Term Borrowings 0.94 0 0 0.00

Trade Payables 743.54 799.16 984.64 1240.37
Other Current Liabilities 465.93 512.84 420.61 457.32
Short Term Provisions 265.32 320.7 87.46 157.26
Total Current Liabilities 1,475.73 1,632.70 1492.71 1854.95

Total Capital And Liabilities 6,080.46 6,805.97 7362.59 8088.08

Revenue from Operations (Net) 8,123.27 9,159.28 9,952.53 11216.23

Other Operating Revenues 52.04 64.52 57.07 76.04
Other Income 110.09 149.39 176.92 258.92
Total Revenue 8,285.40 9,373.19 10,186.52 11,551.19

Cost of Material Consumed 3,358.87 3,775.09 4231.66 4365.68

Purchase of Stock-in-Trade 98.07 115.38 174.76 230.56
Changes in Inventories of FG,WIP
and Stock-In Trade 11.97 -10.78 -79.56 -6.01
Employee Benefit Expenses 912.75 1,073.36 1017.45 1124.15
Finance Costs 3.29 3.51 91.9 111.95
Depreciaition and Amotisation
Expenses 347.26 353.62 342.25 335.67
Other Expenses 2175.26 2379.03 2481.11 2856.56
Provisions and Contingencies 63.46 180.3 87.65 103.68
Total Expenses 6,970.93 7,869.51 8,347.22 9122.24

EBIT 1,317.76 1,507.19 1,931.20 2,540.90

EBT 1,314.47 1,503.68 1,839.30 2,428.95
Tax 250.36 515 614.11 822.02
PAT 1,064.11 988.68 1,225.19 1,606.93

Earnings Per Share (Diluted) 58.42 96.1 127.07 166.67

Share Price (Face Value) 10 10 10 10.00
Market Price Share 5862.65 5959.95 7715.65 12480.75
Book Value 292.26 312.57 354.78 381.03

COGS 3,468.91 3,879.69 4326.86 4590.23

Gross Profit 4,654.36 5,279.59 5,625.67 6702.04
Quick Assets 1,658.80 2,335.81 3,034.92 3771.40
Debt (Borrowings) 17.73 33.15 35.14 35.14
RATIOS DABUR BRITANNIA HUL INDUSTRY AVERAGE NESTLE'16 NESTLE'17
Profit Margin = Profit after
Tax/Sales 0.20 0.11 0.16 0.16 0.13 0.12
Gross Profit Margin = Gross
Profit/Sales 0.49 0.40 0.54 0.51 0.57 0.57
ATO = Sales/Assets 1.11 1.84 2.11 1.86 1.34 1.35
Return on Assets (ROA) =
Profits/Assets 0.23 0.20 0.34 0.29 0.18 0.17
Return on Equity (ROE) =
Profit/Equity 0.32 0.28 0.79 0.54 0.38 0.36
Current Ratio = Current
Assets/Current Liability 1.40 1.94 1.36 1.45 1.68 2.64
Quick Ratio = (Current Assets -
Inventories)/Current Liability 0.92 1.49 1.07 1.11 1.12 2.03
Receivable Turnover (RTO) =
Sales/Receivables 14.35 29.60 22.51 22.09 103.59 111.86
DSO = 360/RTO 25.09 12.16 15.99 16.30 3.48 3.22
Inventory Turnover (ITO) =
COGS/Inventory 4.44 8.73 7.42 7.10 4.23 4.79
Liabillity to Equity = All
Liabilities/Equity 0.41 0.40 1.33 0.86 1.16 1.26
Debt to Equity (D/E) =
Debt/Equity 0.76 0.01 0.00 0.32 0.01 0.01
Interest Cover = Profits before
Interest and Tax/Interest
Expense 51.45 1115.29 305.36 198.87 400.53 429.40
Price Earnings Ratio = Market
price per share/Earnings per
share 62.31 56.46 66.28 60.32 100.35 60.72
NESTLE'18 NESTLE'19

0.11 0.14

0.58 0.60
1.35 1.39

0.15 0.20

0.33 0.44

2.01 2.55

1.43 2.03

93.53 90.03
3.85 4.00

4.11 4.75

1.15 1.20

0.01 0.01

21.01 22.70

62.02 74.88
RATIOS INDUSTRY AVERAGE NESTLE'19
Profit Margin = Profit after
Tax/Sales 0.16 0.14 N
Gross Profit Margin = Gross
Profit/Sales 0.51 0.60 Y
ATO = Sales/Assets 1.86 1.39 N
Return on Assets (ROA) =
Profits/Assets 0.29 0.20 N
Return on Equity (ROE) =
Profit/Equity 0.54 0.44 N
Current Ratio = Current
Assets/Current Liability 1.45 2.55 Y
Quick Ratio = (Current Assets -
Inventories)/Current Liability 1.11 2.03 Y
Receivable Turnover (RTO) =
Sales/Receivables 22.09 90.03 Y
DSO = 360/RTO 16.30 4.00 N
Inventory Turnover (ITO) =
COGS/Inventory 7.10 4.75 N
Liabillity to Equity = All
Liabilities/Equity 0.86 1.20 Y
Debt to Equity (D/E) =
Debt/Equity 0.32 0.36 Y
Interest Cover = Profits before
Interest and Tax/Interest
Expense 198.87 22.70 N
Price Earnings Ratio = Market
price per share/Earnings per
share 60.32 74.88 Y
 Profit Margin Gross Profit Ma
0.16 0.61
0.14 0.60
0.12 0.59
0.10
0.58
0.08
0.57
0.06
0.04 0.56
0.02 0.55
0.00 0.54
NESTLE'16 NESTLE'17 NESTLE'18 NESTLE'19 NESTLE'16 NESTLE'17 NEST

Asset Turnover Ratio Return on Ass

1.40 0.61
1.39 0.60
1.38
1.37 0.59
1.36 0.58
1.35 0.57
1.34
0.56
1.33
1.32 0.55
1.31 0.54
NESTLE'16 NESTLE'17 NESTLE'18 NESTLE'19 NESTLE'16 NESTLE'17 NEST

Return on Equity Current Ratio

0.50 3.00

0.40 2.50
2.00
0.30
1.50
0.20
1.00
0.10
0.50
0.00 0.00
NESTLE'16 NESTLE'17 NESTLE'18 NESTLE'19 NESTLE'16 NESTLE'17 NESTL

Quick Ratio Receivable Turnove

2.50 120.00

2.00 100.00
80.00
1.50
60.00
1.00
40.00
0.50
20.00
0.00 0.00
NESTLE'16 NESTLE'17 NESTLE'18 NESTLE'19 NESTLE'16 NESTLE'17 NESTLE
 60.00
1.00
40.00
0.50
20.00
0.00 0.00
NESTLE'16 NESTLE'17 NESTLE'18 NESTLE'19 NESTLE'16 NESTLE'17 NESTLE

DSO Inventory Turnover

4.50 5.00
4.00 4.80
3.50 4.60
3.00
4.40
2.50
2.00 4.20
1.50 4.00
1.00 3.80
0.50
0.00 3.60
NESTLE'16 NESTLE'17 NESTLE'18 NESTLE'19 NESTLE'16 NESTLE'17 NEST

Liability to Equity Ratio Debt to Equity R

1.30 0.01
1.25 0.01
0.01
1.20
0.01
1.15
0.00
1.10
0.00
1.05 0.00
NESTLE'16 NESTLE'17 NESTLE'18 NESTLE'19 NESTLE'16 NESTLE'17 NEST

Interest Coverage Ratio Price Earnings R

500.00 120.00

400.00 100.00
80.00
300.00
60.00
200.00 40.00
100.00 20.00
0.00
0.00
NESTLE'16 NESTLE'17 NESTLE'18 NESTLE'19 NESTLE'16 NESTLE'17 NEST
 Gross Profit Margin

'16 NESTLE'17 NESTLE'18 NESTLE'19

Return on Asset

16 NESTLE'17 NESTLE'18 NESTLE'19

Current Ratio

16 NESTLE'17 NESTLE'18 NESTLE'19

Receivable Turnover Ratio

'16 NESTLE'17 NESTLE'18 NESTLE'19

 '16 NESTLE'17 NESTLE'18 NESTLE'19

Inventory Turnover Ratio

16 NESTLE'17 NESTLE'18 NESTLE'19

Debt to Equity Ratio

16 NESTLE'17 NESTLE'18 NESTLE'19

Price Earnings Ratio

E'16 NESTLE'17 NESTLE'18 NESTLE'19