Balance Sheet of Havells India

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

Application Of Funds
Gross Block
Less: Revaluation Reserves
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deferred Credit
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets

------------------- in Rs. Cr. ------------------Mar '15

Mar '14

Mar '13

Mar '12

12 mths

12 mths

12 mths

12 mths

62.44
62.44
0.00
0.00
2,313.35
2,375.79
41.73
0.00
41.73
2,417.52
Mar '15

62.39
62.39
0.00
0.00
2,067.46
2,129.85
80.13
75.32
155.45
2,285.30
Mar '14

62.39
62.39
0.00
0.00
1,807.83
1,870.22
108.78
0.00
108.78
1,979.00
Mar '13

62.39
62.39
0.00
0.00
1,545.93
1,608.32
97.08
0.00
97.08
1,705.40
Mar '12

12 mths

12 mths

12 mths

12 mths

1,314.50
0.00
329.70
984.80
22.52
1,011.76
689.72
132.51
522.34
1,344.57
285.20
0.00
1,629.77
0.00
902.96
328.37
1,231.33
398.44
0.00
2,417.52

1,151.17
0.00
244.89
906.28
27.78
882.52
682.71
136.49
626.16
1,445.36
136.16
0.00
1,581.52
0.00
836.75
276.05
1,112.80
468.72
0.00
2,285.30

1,093.08
0.00
189.36
903.72
9.82
791.92
663.03
130.17
246.54
1,039.74
113.08
0.00
1,152.82
0.00
720.88
158.40
879.28
273.54
0.00
1,979.00

914.86
0.00
137.30
777.56
56.39
775.07
648.88
159.71
136.21
944.80
93.13
0.00
1,037.93
0.00
812.57
128.98
941.55
96.38
0.00
1,705.40

Contingent Liabilities
Book Value (Rs)

491.96
38.04

Consolidated Profit & Loss

account

524.94
170.63

604.66
149.89

1,047.10
128.90

------------------- in Rs. Cr. ------------------Mar '15

Mar '14

Mar '13

Mar '12

Mar '11

12 mths

12 mths

12 mths

12 mths

12 mths

8,888.53

8,185.80

7,247.89

0.00

0.00

319.10

0.00

0.00

0.00

0.00

8,569.43

8,185.80

7,247.89

0.00

0.00

50.46

41.25

227.78

0.00

0.00

-103.76

122.81

0.88

0.00

0.00

8,516.13

8,349.86

7,476.55

0.00

0.00

4,762.84

4,800.20

4,190.08

0.00

0.00

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

84.21

80.77

72.55

0.00

0.00

1,187.50

1,086.87

850.26

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1,709.99

1,598.28

1,466.99

0.00

0.00

0.00

0.00

0.00

0.00

0.00

7,744.54

7,566.12

6,579.88

0.00

0.00

Mar '15

Mar '14

Mar '13

Mar '12

Mar '11

12 mths

12 mths

12 mths

12 mths

12 mths

Operating Profit

721.13

742.49

668.89

0.00

0.00

PBDIT

771.59

783.74

896.67

0.00

0.00

Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

Interest

63.96

74.11

123.22

0.00

0.00

PBDT

707.63

709.63

773.45

0.00

0.00

Depreciation

138.66

115.54

109.66

0.00

0.00

Other Written Off

0.00

0.00

0.00

0.00

0.00

Profit Before Tax

568.97

594.09

663.79

0.00

0.00

0.00

0.00

0.00

0.00

0.00

PBT (Post Extra-ord Items)

568.97

594.09

663.79

0.00

0.00

Tax

183.55

147.76

82.36

0.00

0.00

Reported Net Profit

385.42

446.33

581.43

0.00

0.00

Minority Interest

0.00

0.00

0.00

0.00

0.00

Share Of P/L Of Associates

0.00

0.00

0.00

0.00

0.00

385.42

446.33

387.02

0.00

0.00

2,981.70

2,765.92

2,389.80

0.00

0.00

0.00

0.00

0.00

0.00

0.00

187.35

187.23

93.58

0.00

0.00

38.14

31.82

15.91

0.00

0.00

Extra-ordinary items

Net P/L After Minority Interest & Share

Of Associates
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax

Per share data (annualised)

Shares in issue (lakhs)

6,244.88

1,248.21

1,247.75

0.00

0.00

Earning Per Share (Rs)

6.17

35.76

46.60

0.00

0.00

Equity Dividend (%)

0.00

0.00

0.00

0.00

0.00

29.11

133.47

115.57

0.00

0.00

Book Value (Rs)

Cash Flow

------------------- in Rs. Cr. ------------------Mar '15

Mar '14

Mar '13

Mar '12

Mar '11

12 mths

12 mths

12 mths

12 mths

12 mths

Net Profit Before Tax

646.25

595.10

457.18

373.81

309.87

Net Cash From Operating Activities

600.44

652.53

377.63

357.21

348.16

-608.78

-383.94

-131.17

-194.81

-345.39

-268.59

-115.49

-135.55

-84.81

-21.60

-275.92

153.79

110.53

77.59

-18.83

Opening Cash & Cash Equivalents

399.70

245.91

135.99

58.40

67.67

Closing Cash & Cash Equivalents

123.78

399.70

246.52

135.99

48.84

Net Cash (used in)/from

Investing Activities
Net Cash (used in)/from Financing
Activities
Net (decrease)/increase In Cash and
Cash Equivalents

Havells India

Previous Years

Key Financial Ratios

Mar
'15

Mar '14

Mar '13

Mar '12

Mar '11

Face Value

1.00

5.00

5.00

5.00

5.00

Dividend Per Share

3.00

15.00

7.50

6.50

2.50

Investment Valuation Ratios

Operating Profit Per Share (Rs)

11.20

51.40

42.73

38.22

27.62

Net Operating Profit Per Share (Rs)

83.89

378.12

338.61

302.88

241.45

--

--

--

91.35

69.91

82.62

82.68

82.68

82.68

82.68

13.34

13.59

12.61

12.61

11.43

Profit Before Interest And Tax Margin(%) 11.55

12.13

11.22

11.42

10.44

Gross Profit Margin(%)

11.67

12.24

11.24

11.43

10.46

Cash Profit Margin(%)

10.44

11.38

10.13

9.87

8.68

Adjusted Cash Margin(%)

Free Reserves Per Share (Rs)

Bonus in Equity Capital
Profitability Ratios
Operating Profit Margin(%)

10.44

11.38

10.13

9.87

8.68

Net Profit Margin(%)

8.87

10.14

8.79

8.08

8.03

Adjusted Net Profit Margin(%)

8.78

10.04

8.76

8.07

8.02

Return On Capital Employed(%)

27.45

27.21

24.54

25.66

21.67

Return On Net Worth(%)

19.56

22.47

19.85

18.99

18.05

Adjusted Return on Net Worth(%)

19.56

22.47

19.85

20.46

17.34

38.04

170.63

149.89

128.90

107.46

38.04

170.63

149.89

128.90

107.46

27.45

27.36

24.54

26.08

21.91

Current Ratio

1.32

1.41

1.31

1.04

0.99

Quick Ratio

0.76

0.81

0.56

0.41

0.36

Debt Equity Ratio

0.02

0.07

0.06

0.06

0.10

Long Term Debt Equity Ratio

0.02

0.07

0.06

0.04

0.09

37.78

23.10

17.01

13.72

20.02

0.02

0.07

0.06

0.06

0.10

42.76

25.46

19.04

13.81

18.26

Return on Assets Excluding

Revaluations
Return on Assets Including
Revaluations
Return on Long Term Funds(%)
Liquidity And Solvency Ratios

Debt Coverage Ratios

Interest Cover
Total Debt to Owners Fund
Financial Charges Coverage Ratio

Financial Charges Coverage Ratio Post

32.44
Tax

21.14

16.04

11.02

15.20

8.06

6.91

6.37

6.32

6.98

Management Efficiency Ratios

Inventory Turnover Ratio
Debtors Turnover Ratio

38.95

35.40

29.12

27.78

31.46

Investments Turnover Ratio

8.06

6.91

6.37

6.32

6.98

Fixed Assets Turnover Ratio

4.01

4.13

3.90

4.15

3.76

Total Assets Turnover Ratio

2.17

2.07

2.14

2.23

2.05

Asset Turnover Ratio

2.23

2.21

2.29

2.38

2.21

Average Raw Material Holding

--

--

--

31.17

25.82

Average Finished Goods Held

--

--

--

48.00

42.96

17.01

38.69

27.89

14.53

9.96

Material Cost Composition

61.40

62.25

64.31

64.27

67.44

Imported Composition of Raw Materials

Consumed

12.05

17.01

10.07

12.44

11.31

--

--

--

13.63

12.42

5.65

6.70

4.91

4.56

5.83

Dividend Payout Ratio Net Profit

40.29

39.11

25.19

26.55

12.88

Dividend Payout Ratio Cash Profit

33.91

34.52

21.79

23.16

11.49

Earning Retention Ratio

59.71

60.89

74.81

75.36

86.59

Cash Earning Retention Ratio

66.09

65.48

78.21

78.31

88.10

0.08

0.29

0.25

0.26

0.51

Mar
'15

Mar '14

Mar '13

Mar '12

Mar '11

7.45

38.35

29.76

24.48

19.40

38.04

170.63

149.89

128.90

107.46

Number of Days In Working Capital

Profit & Loss Account Ratios

Selling Distribution Cost Composition

Expenses as Composition of Total Sales
Cash Flow Indicator Ratios

AdjustedCash Flow Times

Earnings Per Share

Book Value