10 Years Financial

₹ crores
Parameters / Year Ind AS IGAAP
2018-19 2017-18** 2016-17** 2015-16** 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10
OPERATING RESULTS
Net sales* 6,793 6,051 5,335 4,633 4,211 3,437 2,959 2,365 1,761 1,465
Profit before depreciation, interest & tax (PBDIT) ^ 990 929 878 849 724 576 466 357 259 297
Profit before interest & tax (PBIT)^ 725 696 684 704 588 509 395 310 217 254
Profit before tax (PBT) 730 714 702 723 610 537 422 319 220 255
Profit after tax (PAT) 483 471 478 492 411 367 287 215 148 167
Dividends + 71 107 - 73 62 55 43 32 39 25
Dividend Tax + 15 22 - 15 12 9 7 5 7 4
Retained profits 398 343 478 404 337 303 236 178 102 138
SOURCES AND APPLICATION OF FUNDS
SOURCES OF FUNDS
Share capital 17 17 17 17 17 17 17 17 17 17
Reserves and surplus 3,318 2,920 2,576 2,099 1,682 1,346 1,043 806 629 527
Net worth 3,335 2,937 2,593 2,116 1,700 1,363 1,060 823 646 544
Debt 58 64 72 74 76 86 88 86 100 91
Deferred tax liability 96 88 82 54 37 30 20 22 20 22
Funds employed 3,490 3,089 2,747 2,244 1,812 1,479 1,167 931 766 657
APPLICATION OF FUNDS
Net fixed assets 1,813 1,703 1,492 1,352 944 623 359 355 315 306
Capital work-in-progress 315 226 240 123 86 145 103 32 38 23
Investments 20 35 147 20 16 16 16 16 16 16
Gross current assets 2,348 2,204 1,706 1,456 1,341 1,356 1,292 949 747 631
Current liabilities and provisions 1,006 1,080 838 707 576 661 603 421 350 319
Net current assets 1,342 1,124 868 749 766 695 689 529 398 312
Net assets 3,490 3,089 2,747 2,244 1,812 1,479 1,167 931 766 657
RATIOS
PBT to Net sales (%) 10.75 11.80 13.16 15.60 14.48 15.62 14.26 13.48 12.51 17.38
PAT to Net sales (%) 7.12 7.79 8.97 10.61 9.76 10.69 9.69 9.10 8.41 11.40
Return on Assets (ROA)(%)@ 24.77 27.38 31.77 40.57 48.49 64.56 59.75 45.76 34.61 44.51
Return on net worth (%)& 15.42 17.04 20.32 25.77 26.83 30.33 30.45 29.28 24.90 35.18
Debt : Equity (times) 0.02 0.02 0.03 0.04 0.04 0.06 0.08 0.10 0.15 0.17
Fixed assets turnover (times) # 3.76 3.54 3.56 3.40 4.14 5.06 7.52 6.42 5.57 4.79
Earnings per share (₹) 28.31 27.59 28.01 28.78 24.05 21.51 16.78 25.18 17.34 19.56
Dividend (%) + 708 415 425 425 361 323 252 189 230 145
Dividend per share (₹) 7.08 4.15 4.25 4.25 3.61 3.23 2.52 1.89 4.60 2.90
Book value per share (₹) 195.26 171.97 151.81 123.87 99.50 79.78 62.05 48.21 75.63 63.65
Share Price (as of 31st March) - (₹) 718.95 797.50 890.05 879.55 833.05 394.40 273.65 292.80 189.75 164.20
  • *   Net sales are after reducing excise duty collection from gross sales.
  • ^   PBDIT and PBIT are net of non operating income and expenditure
  • +   Under Ind AS final dividend including taxes are accounted only after approval of the shareholders in AGM, hence final dividend for FY 2016-17 and interim dividend for FY 2017-18 are shown in FY 2017-18 and shown as "nil" for FY 2016-17.
  • @   ROA is PBIT divided by Average Net Operating Assets (ANOA). Net operating assets exclude CWIP, Cash and Non-Trade Investments
  • &   Return on networth is computed based on average networth
  • #   Year end net fixed assets and manufacturing revenue are considered for computing fixed assets turnover
  •    Earnings, dividend, book value and share price are on face value of C2/- each upto FY2011-12 and thereafter on face value of C1/- each
  • **   Figures for these years are as per new accounting standards (Ind AS) and Schedule III of the Companies Act, 2013. ROCE and RONW for basis as per Ind AS. Hence these numbers are not comparable with previous years. The figures presented for other years as per IGAAP