Statement 11 : Selected Financial Ratios of the Selected 990 Large Public Limited Companies - Selected Industries, 1999-00 to 2001-02

(Per cent)

Tea

Mining and

Food products

Sugar

Item

plantations

Quarrying

and Beverages

(13)

(7)

(64)

(17)

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1

2

3

4

5

6

7

8

9

10

11

12

13

Selected Financial Ratios

A.

Capital structure ratios

1.

Net fixed assets to total net assets

59.4

60.6

63.5

46.7

46.3

47.8

38.1

36.3

35.2

42.1

40.6

39.8

2.

Net worth to total net assets

68.9

68.8

70.0

29.3

20.8

13.3

33.8

32.9

31.8

29.6

28.3

24.8

3.

Debt to equity

10.0

9.8

11.8

67.1

106.0

176.6

53.5

55.9

51.0

89.2

83.0

85.8

4.

Debt to equity (equity adjusted for

revaluationreserve)

18.7

18.1

23.8

168.5

300.0

#

58.3

60.3

54.7

95.8

88.7

92.1

5.

Short term bank borrowings to

inventories

103.5

81.0

77.5

121.4

134.4

202.8

53.9

57.5

60.2

52.8

61.2

64.5

6.

Total outside liabilities to net worth

45.1

45.3

42.8

240.8

380.7

#

195.9

204.2

215.0

237.3

254.0

303.0

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.6

1.5

1.6

1.0

0.9

0.8

1.2

1.2

1.1

1.3

1.2

1.1

8.

Quick assets to current liabilities

70.0

51.7

48.0

38.5

40.2

36.4

30.4

28.2

28.5

10.0

8.8

8.6

9.

Current assets to total net assets

38.8

35.6

34.1

49.2

49.5

48.1

57.1

57.1

56.9

55.8

57.2

58.2

10.

Sundry creditors to current assets

13.7

18.7

24.4

43.0

49.0

45.9

33.4

32.6

35.8

20.8

19.9

22.5

11.

Sundry creditors to net working capital

36.5

59.3

63.0

#

#

#

207.7

215.7

401.2

94.0

123.1

280.5

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

59.0

56.8

53.1

47.4

51.8

55.4

142.1

145.4

142.2

74.6

65.8

64.0

13.

Sales to gross fixed assets

71.1

65.1

57.5

58.5

59.7

62.2

265.9

275.4

268.3

132.6

118.5

114.1

14.

Inventories to sales

11.3

12.0

12.9

24.2

22.8

15.4

24.1

24.1

23.4

61.7

73.1

76.0

15.

Sundry debtors to sales

7.7

7.8

7.8

15.1

12.7

13.3

7.4

7.2

7.7

4.0

4.4

4.2

16.

Exports to sales

16.0

20.3

21.7

43.2

46.6

43.6

4.9

4.6

4.0

0.5

0.6

1.6

17.

Gross value added to gross fixed assets

39.7

33.9

28.7

8.4

17.8

21.0

34.7

34.4

32.8

30.6

29.1

25.0

18.

Raw materials consumed to

value of production

7.6

10.5

10.6

12.3

10.0

10.2

68.3

68.2

69.0

65.3

64.9

66.7

D.

Profitability and profit allocation ratios

19.

Gross profits to total net assets

10.4

5.2

1.7

—

5.9

8.1

8.5

8.7

8.1

8.4

8.9

6.8

20.

Gross profits to sales

17.6

9.1

3.1

—

11.3

14.7

6.0

6.0

5.7

11.2

13.6

10.6

21.

Profits after tax to net worth

7.7

1.2

—

—

—

—

7.1

8.2

14.5

4.4

8.0

1.5

22.

Tax provision to profits before tax

37.4

61.0

#

#

#

#

35.6

37.6

28.4

20.8

16.2

61.9

23.

Profits retained to profits after tax

49.1

—

&

&

&

&

49.9

57.0

71.8

49.7

74.1

—

24.

Dividends to net worth

3.9

2.6

1.4

0.9

2.5

12.4

3.5

3.5

4.1

2.2

2.1

2.6

25.

Ordinary dividends to

ordinary paid-up capital

45.4

28.3

14.4

1.6

3.1

9.4

13.6

13.7

17.0

8.0

7.6

9.4

(Per cent)

Edible Oils and

Cotton

Man-made

Paperand

Item

Oilcakes

textiles

textiles

paper products

(15)

(41)

(62)

(28)

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1

14

15

16

17

18

19

20

21

22

23

24

25

Selected Financial Ratios

A.

Capital structure ratios

1.

Net fixed assets to total net assets

32.5

31.7

32.4

48.8

49.6

47.7

67.0

65.5

66.4

66.5

63.5

66.2

2.

Net worth to total net assets

33.7

31.5

29.2

37.0

36.3

31.3

26.3

23.4

20.1

33.5

34.4

23.3

3.

Debt to equity

39.2

51.0

51.2

71.0

77.2

98.5

146.4

176.6

196.6

110.3

106.7

165.3

4.

Debt to equity (equity adjusted for

revaluationreserve)

46.1

59.3

59.0

75.4

81.4

104.7

182.3

221.1

251.2

134.4

126.0

193.5

5.

Short term bank borrowings to

inventories

49.7

48.3

51.2

70.1

79.3

77.4

109.8

93.2

101.7

76.2

62.7

75.1

6.

Total outside liabilities to net worth

196.9

217.1

242.4

170.3

175.3

219.9

280.1

327.7

397.3

198.2

190.8

329.6

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.2

1.2

1.1

1.2

1.2

1.1

0.9

0.9

0.8

1.1

1.2

0.8

8.

Quick assets to current liabilities

49.3

49.8

54.0

48.9

49.9

50.4

34.4

33.2

30.0

37.7

39.4

30.3

9.

Current assets to total net assets

63.7

63.5

63.1

45.3

42.1

43.1

31.1

32.0

31.0

31.2

34.4

30.2

10.

Sundry creditors to current assets

43.1

45.1

54.2

20.3

20.1

21.3

29.7

32.8

36.2

30.2

30.5

28.8

11.

Sundry creditors to net working capital

260.1

257.2

472.0

103.5

128.0

166.1

#

#

#

#

178.5

#

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

246.1

271.9

269.9

82.6

81.3

79.1

71.3

78.9

78.8

60.7

74.6

65.6

13.

Sales to gross fixed assets

558.1

610.6

573.1

106.0

101.1

96.2

74.6

80.3

75.4

65.4

80.5

72.2

14.

Inventories to sales

12.1

10.8

9.3

24.1

21.5

23.6

17.8

17.8

17.5

20.0

19.2

18.2

15.

Sundry debtors to sales

8.8

8.2

9.5

17.3

17.1

19.7

14.0

12.2

12.7

15.7

12.9

14.8

16.

Exports to sales

7.5

6.6

5.4

31.7

32.7

30.5

10.9

12.7

10.0

2.7

1.9

3.4

17.

Gross value added to gross fixed assets

30.0

28.1

27.7

20.3

20.2

17.1

10.9

11.2

11.5

14.3

18.7

18.7

18.

Raw materials consumed to

value of production

81.7

83.0

83.7

56.7

58.4

58.2

63.5

64.0

62.0

36.8

39.0

35.6

D.

Profitability and profit allocation ratios

19.

Gross profits to total net assets

7.8

6.1

6.6

4.2

5.3

2.4

2.1

2.6

2.8

4.6

7.1

6.7

20.

Gross profits to sales

3.2

2.3

2.4

5.0

6.5

3.0

2.9

3.3

3.5

7.5

9.5

10.2

21.

Profits after tax to net worth

8.0

3.5

11.9

—

3.3

—

—

—

—

—

6.6

9.6

22.

Tax provision to profits before tax

23.9

36.2

17.5

95.9

18.5

#

#

#

#

#

25.1

20.9

23.

Profits retained to profits after tax

53.2

—

58.9

—

63.9

&

&

&

&

&

76.6

78.7

24.

Dividends to net worth

3.7

3.9

4.9

1.8

1.2

0.7

0.9

1.1

2.1

1.2

1.5

2.0

25.

Ordinary dividends to

ordinary paid-up capital

16.8

17.0

22.2

7.8

4.9

1.8

2.0

2.2

3.4

2.7

3.5

3.9

(Per cent)

Chemicals and Chemical products

Basic Chemicals

Chemical fertilisers and Pesticides

Paints and Varnishes

Item

(163)

(23)

(23)

(14)

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1999-00

2000-01

2001-02

1

26

27

28

29

30

31

32

33

34

35

36

37

Selected Financial Ratios

A.

Capital structure ratios

1.

Net fixed assets to total net assets

48.1

45.1

44.7

65.9

64.3

62.4

52.7

47.6

49.5

39.6

39.6

38.1

2.

Net worth to total net assets

39.8

40.2

39.1

32.5

31.9

30.6

33.6

34.1

32.5

42.9

43.4

40.3

3.

Debt to equity

65.3

65.0

61.7

109.8

127.0

119.0

102.4

99.6

98.7

44.0

46.7

47.9

4.

Debt to equity (equity adjusted for

revaluationreserve)

68.5

67.6

64.9

111.6

128.8

120.1

110.6

106.0

108.7

46.2

48.6

49.7

5.

Short term bank borrowings to

inventories

68.9

68.0

65.5

137.4

99.7

117.1

69.8

84.9

76.9

54.5

59.9

72.8

6.

Total outside liabilities to net worth

151.3

148.4

155.6

207.2

213.0

226.6

197.3

193.1

208.1

133.0

130.2

148.4

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.3

1.4

1.3

0.9

1.1

0.9

1.3

1.5

1.2

1.4

1.5

1.3

8.

Quick assets to current liabilities

56.7

63.1

60.1

45.7

50.1

39.9

49.9

63.8

60.4

61.1

62.6

60.4

9.

Current assets to total net assets

45.3

47.6

46.3

29.8

30.0

29.7

42.2

46.5

43.8

53.8

53.6

50.8

10.

Sundry creditors to current assets

26.4

24.6

26.4

34.0

25.1

26.5

27.3

23.3

28.7

25.4

22.3

24.8

11.

Sundry creditors to net working capital

107.3

82.7

126.6

#

288.9

#

111.0

73.0

150.3

86.8

68.8

119.5

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

74.5

78.2

83.1

58.1

69.3

68.4

60.3

60.5

72.2

99.7

101.3

98.7

13.

Sales to gross fixed assets

108.4

116.6

120.5

64.6

75.1

72.1

80.5

85.8

96.3

156.7

157.6

155.4

14.

Inventories to sales

19.8

19.0

17.3

15.6

13.6

14.7

20.5

20.6

16.6

22.3

21.2

17.3

15.

Sundry debtors to sales

19.6

20.7

20.7

19.1

16.0

16.5

19.7

24.9

23.3

20.6

20.1

20.0

16.

Exports to sales

12.1

12.5

13.4

9.1

8.2

8.8

5.9

6.3

4.2

10.2

12.1

16.0

17.

Gross value added to gross fixed assets

24.4

24.9

27.3

13.2

15.9

15.6

16.5

15.3

20.4

36.7

35.9

36.8

18.

Raw materials consumed to

value of production

49.8

50.6

48.9

35.6

35.0

40.3

54.6

57.7

52.7

50.2

50.9

49.4

D.

Profitability and profit allocation ratios

19.

Gross profits to total net assets

8.5

8.1

9.9

4.6

6.9

6.3

6.5

4.7

8.6

12.0

11.9

12.1

20.

Gross profits to sales

11.4

10.4

11.9

7.9

10.0

9.2

10.8

7.8

11.9

12.0

11.8

12.3

21.

Profits after tax to net worth

9.6

9.4

6.9

—

0.1

—

11.6

7.7

0.2

11.7

12.8

13.5

22.

Tax provision to profits before tax

28.2

28.9

40.2

#

87.9

#

16.4

20.1

94.0

33.6

29.7

30.6

23.

Profits retained to profits after tax

49.0

49.4

29.4

&

—

&

71.0

60.4

—

57.5

61.1

55.8

24.

Dividends to net worth

4.9

4.8

4.9

1.3

1.5

1.6

3.4

3.1

3.1

5.0

5.0

6.0

25.

Ordinary dividends to

ordinary paid-up capital

22.5

22.3

22.9

4.8

5.3

5.5

13.8

12.6

12.4

35.8

35.2

41.9