Annual Performance 2012-13 | History of Growth rates | Quarterly Results |

Annual Reports |

Annual Accounts-Subsidiaries

In an increasingly competitive market place and continuing commodity inflation during the year, Profit from Operations increased
35.6%, from Rs. 231.91 crores to Rs. 314.45 crores. Against an overall revenue growth of 12.5%, several of your Companys iconic
brands grew at a significantly higher rate, whilst a few were laggards. Your Company added Rs. 644 crores to its Operating Revenue
(Sale of Products) and Rs. 82.54 crores to its Profit from Operations. Earnings per share (Basic) of Rs. 2 were Rs. 19.57. The tables
below show trends in performance across key parameters:

SIGNIFICANT RATIOS
Measures of Investment
Return on equity

2012-13

2011-12

Net profit
Shareholders funds

36.7

35.9

Book value per share

Shareholders' funds
Number of equity shares

Rs.

53.2

43.5

Dividend cover

Earnings per share ( Basic )

Dividend (plus tax) per share

times

2.0

1.6

5.9

5.0

times

73.3

96.0

times

40.7

39.2

33.9

83.6

Measures of Performance

Profit margin

Profit before tax

Revenue from operations + Other income

Debtors turnover

Sale of products
Trade receivables

Stock turnover

Sale of products
Inventories (Finished goods + Stock-in-trade)

Measures of Financial Status

Debt equity ratio

Long-term borrowings + Short-term

borrowings + Current maturities of
long-term debt and finance lease obligations
Shareholders funds

Current ratio

Current assets
Current liabilities - Current
maturities of long-term debt
and finance lease obligations

times

0.8

1.5

Tax ratio

Provision for tax

Profit before tax

29.6

26.0

Top

TEN YEAR FINANCIAL STATISTICS : 2004 - 2013

In
Crores
As at / Year ended 31st March

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Assets employed
Fixed assets less Depreciation &
Amortisation
Investments (non-current and
current)

128.30 133.84 151.64 214.40 250.68 283.86 291.47 315.40 458.82 580.12
291.32 330.08 359.86 320.05 380.83 423.10 490.64 545.00 428.94 279.60

Other assets, net

4.29

(48.50) 30.89

59.57

207.17 116.10 43.76

22.34

66.78

(7.83)

Miscellaneous expenditure

46.30

34.24

25.58

23.23

16.06

26.64

470.21 449.66 558.45 619.60 861.91 849.70 825.87 882.74 954.54 851.89
Financed by
Equity shares

25.11

Reserves & Surplus

405.91 419.63 525.20 590.93 731.92 800.65 372.36 427.41 496.15 612.50

Loan funds (long-term borrowings,

short- term borrowings and current
39.19
maturities of long-term debt &
finance lease obligations)

23.89

6.14

23.89

9.36

23.89

4.78

23.89

23.89

106.10 25.16

23.89

23.89

23.89

23.91

429.62 431.44 434.50 215.48

470.21 449.66 558.45 619.60 861.91 849.70 825.87 882.74 954.54 851.89
Profits and appropriations
Sale of products
Profit before Depreciation,
Amortisation
and Tax
Depreciation and Amortisation
Profit before tax and Exceptional
items

1,470.531,615.451,817.922,317.212,616.983,142.893,426.644,230.595,005.665,649.66
218.73 261.03 217.56 151.38 253.56 286.61 204.96 242.65 299.69 389.26
22.40

18.97

21.72

25.27

29.08

33.46

37.54

44.59

47.32

57.08

196.33 242.06 195.84 126.11 224.48 253.15 167.42 198.06 252.37 332.18
)
4.88
(21.82)

Exceptional items

(11.94

Profit before tax

184.39 220.24 200.72 118.41 232.26 232.52 120.78 198.06 252.37 332.18

Tax

65.59

Net profit

118.80 148.77 146.43 107.65 191.00 180.40 116.51 145.29 186.74 233.87

Dividend

27.23

33.45

35.84

35.84

43.00

95.56

59.73

77.64

101.53 101.66 *

Tax on dividend

3.49

4.69

5.03

6.09

7.31

16.24

9.92

12.60

16.47

17.28 #

88.08

110.63 105.56 65.72

46.86

55.05

68.74

114.93

Profit for the year after dividend

and tax thereon
* Proposed dividend.
# Tax on proposed dividend.

71.47

54.29

(7.70)

10.76

7.78

41.26

(20.63) (46.64) -

52.12

140.69 68.60

4.27

52.77

65.63

98.31