Statement 8: Selected Financial Ratios of The Selected 855 Large Public Limited Companies According to Size of Sales, 1997-98 to 1999-2000

(Per cent)

Sales Range/

Net fixed assets to

Net worth to

Debt to equity

Capital Structure Ratios

total net assets

total net assets

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Less than Rs. 25 crore

51.8

51.5

49.9

30.8

24.0

17.4

85.8

116.7

165.4

Rs. 25 crore - Rs. 50 crore

48.4

48.2

46.6

35.3

34.6

34.1

66.6

72.4

70.8

Rs. 50 crore - Rs.100 crore

44.4

44.0

44.4

40.6

38.1

38.0

60.7

65.2

65.1

Rs. 100 crore - Rs 500 crore

48.5

47.1

51.6

39.5

38.8

38.6

69.8

75.1

71.3

Rs 500 crore - Rs 1000 crore

46.0

47.7

45.9

42.5

42.6

42.9

61.4

67.3

65.2

Rs 1000 crore and above

52.9

51.8

51.7

42.5

42.1

44.0

56.4

61.1

58.4

Total

50.2

49.6

50.3

41.1

40.5

41.3

61.4

66.5

64.0

Sales Range/

Debt to equity (adjusted

Short term bank borrowings

Total outside liabilities to

Capital Structure Ratios

for revaluation reserve)

to inventories

net worth

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Less than Rs. 25 crore

94.1

135.0

211.3

75.3

96.9

97.7

224.4

#

#

Rs. 25 crore - Rs. 50 crore

77.3

84.0

82.0

77.7

80.1

83.2

183.2

189.1

192.9

Rs. 50 crore - Rs.100 crore

68.1

73.8

73.0

57.5

77.8

80.0

146.3

162.6

163.5

Rs. 100 crore - Rs 500 crore

75.9

81.5

77.2

71.3

66.2

73.2

153.3

157.8

159.1

Rs 500 crore - Rs 1000 crore

65.6

71.3

68.6

55.4

50.9

51.9

135.5

135.0

133.2

Rs 1000 crore and above

61.2

67.2

63.8

86.6

82.5

69.2

135.4

137.7

127.1

Total

66.8

72.8

69.7

74.1

72.6

69.6

143.2

147.0

141.9

Sales Range/

Current assets to

Quick assets to

Current assets to

Liquidity Ratios

current liabilities *

current liabilities

total net assets

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Less than Rs. 25 crore

1.0

0.9

0.8

41.3

37.8

34.5

43.9

43.5

44.9

Rs. 25 crore - Rs. 50 crore

1.1

1.2

1.2

51.6

57.6

56.2

47.0

47.9

47.8

Rs. 50 crore - Rs.100 crore

1.4

1.3

1.3

62.0

64.9

64.0

48.0

49.2

48.9

Rs. 100 crore - Rs 500 crore

1.4

1.5

1.3

63.0

63.7

58.6

46.8

46.2

42.8

Rs 500 crore - Rs 1000 crore

1.5

1.5

1.6

65.4

66.9

67.7

46.2

43.5

45.8

Rs 1000 crore and above

1.1

1.2

1.2

45.6

55.1

48.3

35.7

38.7

36.3

Total

1.2

1.3

1.3

53.6

58.8

54.3

41.2

42.2

40.5

Sales Range/

Sundry creditors to

Sundry creditors to

Liquidity Ratios

current assets

net working capital

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Less than Rs. 25 crore

24.1

23.2

22.6

#

#

#

Rs. 25 crore - Rs. 50 crore

30.8

30.2

28.9

240.6

187.7

220.1

Rs. 50 crore - Rs.100 crore

25.8

23.5

25.3

92.5

94.3

105.6

Rs. 100 crore - Rs 500 crore

25.5

24.9

26.8

85.9

79.7

127.0

Rs 500 crore - Rs 1000 crore

23.6

24.6

24.8

73.1

71.9

67.5

Rs 1000 crore and above

29.5

24.8

30.2

#

148.1

179.6

Total

27.1

24.9

27.9

145.3

107.9

135.2

Sales Range/

Sales to

Sales to

Inventories to sales

Asset Utilization and

total net assets

gross fixed assets

Turnover Ratios

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Less than Rs. 25 crore

51.8

44.4

39.3

78.7

64.1

56.7

32.3

34.0

39.5

Rs. 25 crore - Rs. 50 crore

71.0

70.3

68.3

105.6

100.6

96.1

23.5

22.7

22.6

Rs. 50 crore - Rs.100 crore

71.2

68.7

70.0

111.6

106.4

105.1

23.3

22.7

21.8

Rs. 100 crore - Rs 500 crore

71.8

71.1

72.2

110.4

109.3

101.8

20.7

19.8

19.2

Rs 500 crore - Rs 1000 crore

79.0

77.0

76.2

121.4

112.6

112.3

19.3

18.0

18.0

Rs 1000 crore and above

57.8

56.6

64.2

81.3

78.8

85.5

17.5

16.8

15.6

Total

65.3

63.8

67.9

95.9

92.2

93.8

19.5

18.6

17.8

Sales Range/

Sundry debtors to

Exports to sales

Gross value added to

Asset Utilization and

sales

gross fixed assets

Turnover Ratios

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Less than Rs. 25 crore

27.2

33.5

35.9

9.0

9.0

9.6

16.1

13.4

13.3

Rs. 25 crore - Rs. 50 crore

22.6

23.4

24.6

8.8

9.2

8.2

23.1

22.5

23.2

Rs. 50 crore - Rs.100 crore

23.1

25.4

25.4

12.1

12.3

11.8

27.0

24.6

24.6

Rs. 100 crore - Rs 500 crore

21.4

21.0

20.8

14.6

14.6

14.4

26.3

25.6

23.7

Rs 500 crore - Rs 1000 crore

18.2

18.0

18.3

8.1

8.7

9.2

27.6

25.6

25.7

Rs 1000 crore and above

16.4

15.4

14.1

9.1

8.4

8.6

22.0

20.2

21.2

Total

18.9

18.5

17.8

10.6

10.4

10.4

23.9

22.3

22.5

Sales Range/

Raw materials consumed to

Asset Utilization and

value of production

Turnover Ratios

1997-98

1998-99

1999-00

Less than Rs. 25 crore

53.3

51.2

48.0

Rs. 25 crore - Rs. 50 crore

54.5

52.5

49.0

Rs. 50 crore - Rs.100 crore

49.6

50.3

49.3

Rs. 100 crore - Rs 500 crore

49.3

49.1

48.5

Rs 500 crore - Rs 1000 crore

52.3

52.4

50.9

Rs 1000 crore and above

46.9

48.2

49.5

Total

49.0

49.5

49.4

Sales Range/

Gross profits to

Gross profits to sales

Profits after tax to

Profitability Ratios

total net assets

net worth

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Less than Rs. 25 crore

2.0

-

0.3

3.9

-

0.7

-

-

-

Rs. 25 crore - Rs. 50 crore

5.1

5.1

5.3

7.2

7.3

7.8

3.2

0.3

-

Rs. 50 crore - Rs.100 crore

7.5

6.1

7.5

10.5

8.8

10.6

4.7

0.1

2.7

Rs. 100 crore - Rs 500 crore

8.1

7.3

7.4

11.3

10.2

10.3

7.6

5.7

6.6

Rs 500 crore - Rs 1000 crore

9.4

8.4

8.5

11.9

10.8

11.2

9.4

8.7

11.3

Rs 1000 crore and above

9.1

8.0

8.7

15.8

14.1

13.5

10.7

8.7

8.7

Total

8.5

7.5

8.0

13.0

11.7

11.8

8.8

6.9

7.6

Sales Range/

Tax provision to

Profits retained to

Dividends to

Profitability Ratios

profits before tax

profits after tax

net worth

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Less than Rs. 25 crore

#

#

#

&

&

&

1.6

1.9

2.9

Rs. 25 crore - Rs. 50 crore

49.0

90.6

191.8

14.5

-

&

2.7

2.5

2.6

Rs. 50 crore - Rs.100 crore

39.5

95.6

55.7

41.5

-

-

2.8

2.7

4.4

Rs. 100 crore - Rs 500 crore

26.1

29.8

30.0

61.4

52.4

48.4

2.9

2.7

3.4

Rs 500 crore - Rs 1000 crore

25.0

25.7

22.6

65.3

69.1

74.6

3.3

2.7

2.9

Rs 1000 crore and above

21.7

23.5

27.1

69.4

65.1

63.4

3.3

3.0

3.2

Total

24.9

28.1

29.2

64.5

58.1

57.6

3.1

2.9

3.2

Sales Range/

Ordinary dividends to

Profitability Ratios

ordinary paid-up capital

1997-98

1998-99

1999-00

Less than Rs. 25 crore

2.3

2.0

2.2

Rs. 25 crore - Rs. 50 crore

6.0

5.2

5.4

Rs. 50 crore - Rs.100 crore

8.5

8.1

12.2

Rs. 100 crore - Rs 500 crore

14.8

13.6

16.8

Rs 500 crore - Rs 1000 crore

23.7

21.1

22.6

Rs 1000 crore and above

28.3

26.1

28.3

Total

18.4

17.0

19.3

*

Actual ratio of current assets to current liabilities

-

Numerator negative or nil or negligible.

#

Denominator negative or nil or negligible.

&

Numerator and denominator both negative or nil.

Statement 9: Selected Financial Ratios of The Selected 855 Large Public Limited Companies According to Size of Paid-up Capital, 1997-98 to 1999-2000

(Per cent)

PUC Range/

Net fixed assets to

Net worth to

Debt to equity

Capital Structure Ratios

total net assets

total net assets

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

33.3

34.6

35.2

44.5

44.9

45.6

25.1

21.2

15.5

Rs 2 crore - Rs 5 crore

38.8

37.8

36.6

37.4

38.1

38.8

47.1

48.3

47.0

Rs 5 crore - Rs 10 crore

40.2

40.5

39.9

40.9

41.1

40.9

47.2

48.7

48.8

Rs 10 crore - Rs 25 crore

40.6

41.3

40.2

40.2

40.1

38.8

54.6

54.9

55.3

Rs 25 crore - Rs 50 crore

43.2

43.4

44.7

40.8

40.9

40.5

60.5

62.5

61.4

Rs 50 crore - Rs 100 crore

55.8

57.9

56.0

46.0

48.4

51.1

64.0

59.4

54.6

Rs 100 crore and above

56.0

53.7

55.7

40.7

38.9

40.4

65.9

76.4

72.9

Total

50.2

49.6

50.3

41.1

40.5

41.3

61.4

66.5

64.0

Debt to equity (equity

PUC Range/

adjusted

Short term bank borrowings

Total outside liabilities

Capital Structure Ratios

for revaluation reserve)

to inventories

to net worth

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

28.4

24.4

17.6

66.2

70.7

72.1

124.9

122.6

119.3

Rs 2 crore - Rs 5 crore

52.9

53.7

52.0

62.7

55.7

53.1

167.3

162.6

157.6

Rs 5 crore - Rs 10 crore

52.7

54.2

54.2

62.0

62.4

64.4

144.4

143.1

144.5

Rs 10 crore - Rs 25 crore

57.0

57.9

58.1

63.5

61.5

64.8

149.0

149.6

157.7

Rs 25 crore - Rs 50 crore

66.3

68.2

67.3

77.9

75.8

72.7

145.1

144.3

147.2

Rs 50 crore - Rs 100 crore

71.8

70.9

63.2

81.9

68.9

59.1

117.3

106.7

95.7

Rs 100 crore and above

71.3

82.3

78.2

81.4

83.9

77.4

145.7

157.2

147.7

Total

66.8

72.8

69.7

74.1

72.6

69.6

143.2

147.0

141.9

PUC Range/

Current assets to

Quick assets to

Current assets to

Liquidity Ratios

current liabilities *

current liabilities

total net assets

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

1.4

1.3

1.2

63.5

66.8

65.3

61.4

60.3

58.4

Rs 2 crore - Rs 5 crore

1.3

1.4

1.4

57.5

64.2

62.8

57.9

59.5

58.7

Rs 5 crore - Rs 10 crore

1.4

1.4

1.4

66.6

69.2

68.7

57.0

56.0

56.5

Rs 10 crore - Rs 25 crore

1.4

1.4

1.4

67.0

64.2

64.3

54.5

52.9

53.5

Rs 25 crore - Rs 50 crore

1.4

1.5

1.4

62.0

67.0

63.4

48.6

49.1

47.5

Rs 50 crore - Rs 100 crore

1.3

1.5

1.6

53.8

66.2

68.2

32.6

33.6

33.0

Rs 100 crore and above

1.0

1.2

1.1

44.0

51.3

42.4

33.9

36.3

33.2

Total

1.2

1.3

1.3

53.6

58.8

54.3

41.2

42.2

40.5

PUC Range/

Sundry creditors to

Sundry creditors to

Liquidity Ratios

Current assets

net working capital

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

28.3

31.7

33.4

101.6

129.1

172.4

Rs 2 crore - Rs 5 crore

29.5

29.3

30.3

129.0

107.3

110.6

Rs 5 crore - Rs 10 crore

29.4

28.3

27.2

96.8

92.0

88.9

Rs 10 crore - Rs 25 crore

26.4

25.4

26.9

86.1

86.3

103.2

Rs 25 crore - Rs 50 crore

23.2

23.8

25.1

79.4

74.6

92.3

Rs 50 crore - Rs 100 crore

20.4

17.4

19.7

80.7

53.5

53.7

Rs 100 crore and above

29.6

25.3

31.0

#

186.3

#

Total

27.1

24.9

27.9

145.3

107.9

135.2

PUC range/

Sales to

Sales to

Inventories to sales

Asset Utilization and

total net assets

gross fixed assets

Turnover Ratios

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

135.0

130.0

121.0

237.6

221.1

199.4

16.1

15.2

14.0

Rs 2 crore - Rs 5 crore

117.3

115.6

116.6

193.9

188.6

186.4

19.3

19.0

18.9

Rs 5 crore - Rs 10 crore

98.5

96.9

94.5

165.2

157.2

152.9

20.9

20.1

20.4

Rs 10 crore - Rs 25 crore

84.9

85.5

86.9

143.6

137.9

139.5

22.0

21.7

20.8

Rs 25 crore - Rs 50 crore

76.2

76.0

78.4

123.8

119.8

119.0

18.8

17.8

16.9

Rs 50 crore - Rs 100 crore

58.1

55.7

55.9

75.5

68.0

68.0

19.7

18.9

18.1

Rs 100 crore and above

49.5

48.5

55.1

68.4

67.8

71.7

18.5

17.3

16.3

Total

65.3

63.8

67.9

95.9

92.2

93.8

19.5

18.6

17.8

PUC range/

Sundry debtors to

Exports to sales

Gross value added to

Asset Utilization and

sales

gross fixed assets

Turnover Ratios

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

16.2

19.2

18.2

8.0

9.2

7.6

63.6

54.7

42.5

Rs 2 crore - Rs 5 crore

17.8

18.6

18.8

8.2

7.6

7.4

39.7

39.3

38.0

Rs 5 crore - Rs 10 crore

21.1

21.4

21.9

9.9

10.2

9.6

38.0

36.3

35.1

Rs 10 crore - Rs 25 crore

23.1

22.1

23.0

21.8

21.9

21.7

32.8

30.7

31.6

Rs 25 crore - Rs 50 crore

21.5

21.3

20.1

10.9

11.0

10.0

27.3

26.6

26.3

Rs 50 crore - Rs 100 crore

15.8

15.9

16.3

10.2

9.6

10.9

20.3

18.9

20.2

Rs 100 crore and above

16.3

15.6

14.0

6.6

6.4

7.0

19.2

17.6

17.9

Total

18.9

18.5

17.8

10.6

10.4

10.4

23.9

22.3

22.5

PUC range/

Raw materials consumed to

Asset Utilization and

value of production

Turnover Ratios

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

46.8

48.3

44.7

Rs 2 crore - Rs 5 crore

57.6

57.3

56.6

Rs 5 crore - Rs 10 crore

52.0

51.4

49.6

Rs 10 crore - Rs 25 crore

52.6

52.1

52.4

Rs 25 crore - Rs 50 crore

54.9

54.5

54.2

Rs 50 crore - Rs 100 crore

40.4

41.6

35.5

Rs 100 crore and above

44.3

46.0

48.0

Total

49.0

49.5

49.4

PUC range/

Gross profits to

Gross profits to sales

Profits after tax to

Profitability Ratios

total net assets

net worth

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

14.1

10.3

7.6

10.4

7.9

6.3

14.5

8.8

5.1

Rs 2 crore - Rs 5 crore

10.5

10.3

9.3

9.0

8.9

8.0

11.6

10.2

8.1

Rs 5 crore - Rs 10 crore

10.4

9.7

9.4

10.5

10.0

10.0

10.0

8.1

9.0

Rs 10 crore - Rs 25 crore

9.1

7.8

8.6

10.7

9.1

9.9

9.1

5.0

8.1

Rs 25 crore - Rs 50 crore

8.1

7.9

8.5

10.6

10.3

10.8

7.7

7.1

8.5

Rs 50 crore - Rs 100 crore

9.1

8.7

9.0

15.6

15.5

16.1

9.1

7.1

8.0

Rs 100 crore and above

8.0

6.6

7.2

16.1

13.5

13.1

8.6

6.7

6.9

Total

8.5

7.5

8.0

13.0

11.7

11.8

8.8

6.9

7.6

PUC range/

Tax provision to

Profits retained to

Dividends to

Profitability Ratios

profits before tax

profits after tax

net worth

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

36.9

47.8

50.1

72.5

62.8

29.7

4.0

3.3

3.6

Rs 2 crore - Rs 5 crore

28.8

33.7

39.0

74.7

72.6

63.9

2.9

2.8

2.9

Rs 5 crore - Rs 10 crore

28.9

32.5

31.9

70.5

63.0

66.3

2.9

3.0

3.0

Rs 10 crore - Rs 25 crore

26.1

36.5

30.6

62.8

32.7

37.6

3.4

3.4

5.1

Rs 25 crore - Rs 50 crore

29.6

29.8

29.7

62.4

59.8

62.9

2.9

2.9

3.1

Rs 50 crore - Rs 100 crore

22.2

25.4

27.5

74.6

72.4

74.0

2.3

2.0

2.1

Rs 100 crore and above

22.4

24.6

27.5

61.0

55.7

54.0

3.3

3.0

3.2

Total

24.9

28.1

29.2

64.5

58.1

57.6

3.1

2.9

3.2

PUC range/

Ordinary dividends to

Profitability Ratios

ordinary paid-up capital

1997-98

1998-99

1999-00

Rs 1 crore - Rs 2 crore

23.5