(Per cent)

Tea (20)

Metal mining (5)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

2

3

4

5

6

7

A.

Capital structure ratios

1.

Net fixed assets to total net assets

31.0

29.2

28.8

31.6

31.2

32.6

2.

Net worth to total net assets

17.8

16.4

17.5

2.5

18.9

20.0

3.

Debt to equity

159.5

155.2

148.8

255.7

18.1

120.2

4.

Debt to equity

192.1

169.8

193.8

#

184.7

#

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

238.4

228.1

168.2

53.0

9.0

1.9

6.

Total outside liabilities to net worth

462.5

510.5

471.4

#

429.3

399.4

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.1

1.1

1.1

0.7

0.8

1.1

8.

Quick assets to current liabilities

30.1

31.9

31.1

6.7

11.2

13.7

9.

Current assets to total net assets

58.5

61.1

61.7

62.2

62.1

57.8

10.

Sundry creditors to current assets

20.4

19.7

20.3

26.5

17.2

24.8

11.

Sundry creditors to net working capital

239.5

299.0

197.6

#

#

266.6

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

73.5

82.8

81.1

59.4

77.5

49.4

13.

Sales to gross fixed assets

137.9

160.6

157.7

87.4

107.3

64.8

14.

Inventories to sales

12.1

10.6

11.2

37.3

35.6

57.2

15.

Sundry debtors to sales

5.3

2.8

3.3

8.1

7.0

8.5

16.

Exports to sales

0.1

0.2

**

**

18.4

15.0

17.

Gross value added to gross fixed assets

64.2

69.2

65.5

21.7

31.1

16.4

18.

Raw materials consumed to value of production

14.0

16.3

17.3

3.9

4.9

8.9

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

33.2

0.8

#

#

20.

Gross capital formation to total uses of funds

38.5

18.0

#

#

21.

External sources of funds to total sources of funds

89.3

93.7

##

##

22.

Increase in bank borrowings to total external sources

**

**

##

##

23.

Gross savings to gross capital formation

64.5

112.7

337.9

557.4

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

4.9

8.6

6.9

1.8

7.9

1.9

25.

Gross profits to sales

6.7

10.3

8.5

3.0

10.2

3.9

26.

Profits after tax to net worth

**

2.7

**

9.3

46.9

**

27.

Tax provision to profits before tax

#

80.9

232.9

1.2

1.5

#

28.

Profits retained to profits after tax

##

77.0

##

100.0

100.0

##

29.

Dividends to net worth

0.5

0.6

1.1

**

**

**

30.

Ordinary dividends to ordinary paid-up capital

2.0

2.5

4.4

**

**

**

Grains and

Edible vegetable and

pulses (8)

hydrogenated oils (8)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

8

9

10

11

12

13

A.

Capital structure ratios

1.

Net fixed assets to total net assets

50.5

48.5

46.7

39.4

39.3

43.1

2.

Net worth to total net assets

22.5

17.0

13.9

26.3

26.8

29.9

3.

Debt to equity

89.3

110.3

127.8

64.8

67.1

56.2

4.

Debt to equity

119.2

164.3

213.9

72.2

73.3

60.7

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

88.9

117.0

162.5

69.4

108.5

68.1

6.

Total outside liabilities to net worth

343.9

489.4

620.3

280.2

273.2

234.7

B.

Liquidity ratios

7.

Current assets to current liabilities *

0.8

0.8

0.8

1.1

1.1

1.1

8.

Quick assets to current liabilities

37.1

31.4

35.9

53.7

59.1

42.5

9.

Current assets to total net assets

46.8

48.6

52.4

60.3

60.5

56.7

10.

Sundry creditors to current assets

36.2

36.1

32.1

47.6

33.5

38.1

11.

Sundry creditors to net working capital

#

#

#

777.6

385.0

647.7

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

303.8

306.7

367.2

442.0

288.2

323.3

13.

Sales to gross fixed assets

431.9

389.2

429.4

621.6

412.8

410.0

14.

Inventories to sales

6.6

5.6

4.5

5.6

7.7

8.5

15.

Sundry debtors to sales

6.2

6.3

5.7

6.0

10.4

5.9

16.

Exports to sales

**

**

**

2.9

12.9

**

17.

Gross value added to gross fixed assets

19.6

19.1

23.7

27.8

29.7

26.9

18.

Raw materials consumed to value of production

87.9

86.0

85.1

84.7

81.3

81.6

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

85.9

93.0

48.6

334.4

20.

Gross capital formation to total uses of funds

50.1

64.2

50.7

558.0

21.

External sources of funds to total sources of funds

58.9

38.0

56.1

**

22.

Increase in bank borrowings to total external sources

28.4

348.5

114.9

##

23.

Gross savings to gross capital formation

52.9

69.4

80.5

57.9

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

5.9

**

4.7

8.7

9.8

8.9

25.

Gross profits to sales

1.9

**

1.3

2.0

3.4

2.7

26.

Profits after tax to net worth

**

**

**

8.6

13.7

8.2

27.

Tax provision to profits before tax

#

#

#

6.1

10.8

21.1

28.

Profits retained to profits after tax

##

##

##

100.0

100.0

100.0

29.

Dividends to net worth

**

2.0

2.3

**

**

**

30.

Ordinary dividends to ordinary paid-up capital

**

1.5

1.3

**

**

**

Cotton textiles

Silk and rayon textiles

(53)

(9)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

14

15

16

17

18

19

A.

Capital structure ratios

1.

Net fixed assets to total net assets

39.7

38.7

35.0

39.0

36.1

34.0

2.

Net worth to total net assets

25.7

24.2

23.3

20.8

22.7

20.1

3.

Debt to equity

62.0

61.6

57.1

44.8

25.7

28.8

4.

Debt to equity

68.1

74.4

67.5

44.8

25.7

28.8

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

46.6

59.8

65.3

39.7

54.4

45.3

6.

Total outside liabilities to net worth

289.0

312.9

330.0

381.8

340.2

398.1

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.0

1.0

1.0

0.8

0.8

0.8

8.

Quick assets to current liabilities

37.6

40.0

54.4

36.7

39.4

34.2

9.

Current assets to total net assets

59.5

60.3

64.0

56.0

59.5

62.8

10.

Sundry creditors to current assets

42.6

44.5

55.0

39.9

31.2

26.1

11.

Sundry creditors to net working capital

#

#

#

#

#

#

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

141.4

168.1

174.4

154.1

133.7

148.8

13.

Sales to gross fixed assets

189.5

223.3

246.0

188.1

164.7

187.4

14.

Inventories to sales

20.2

15.7

11.3

13.6

15.6

18.2

15.

Sundry debtors to sales

13.1

12.8

17.8

13.7

18.1

14.8

16.

Exports to sales

0.9

1.3

1.8

10.3

9.5

4.9

17.

Gross value added to gross fixed assets

30.1

29.2

33.3

31.1

26.7

25.0

18.

Raw materials consumed to value of production

64.4

69.5

67.3

45.7

58.8

67.1

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

52.7

24.3

33.4

44.5

20.

Gross capital formation to total uses of funds

48.6

**

41.8

94.2

21.

External sources of funds to total sources of funds

65.9

72.8

34.5

66.6

22.

Increase in bank borrowings to total external sources

57.2

**

99.5

30.2

23.

Gross savings to gross capital formation

87.6

#

149.4

31.0

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

6.6

5.4

6.3

7.8

7.9

6.4

25.

Gross profits to sales

4.7

3.2

3.6

5.1

5.9

4.3

26.

Profits after tax to net worth

7.1

**

3.4

20.8

6.3

**

27.

Tax provision to profits before tax

23.9

#

47.4

26.5

60.1

137.9

28.

Profits retained to profits after tax

90.6

##

74.5

88.3

66.4

##

29.

Dividends to net worth

0.7

0.1

0.9

2.4

2.1

2.1

30.

Ordinary dividends to ordinary paid-up capital

1.7

0.2

1.9

3.1

2.9

2.7

Engineering @@

Motor vehicles @@

(210)

(19)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

20

21

22

23

24

25

A.

Capital structure ratios

1.

Net fixed assets to total net assets

25.0

24.0

25.3

26.3

29.2

31.2

2.

Net worth to total net assets

26.7

28.8

30.7

8.6

23.4

25.8

3.

Debt to equity

32.0

24.8

20.4

227.4

50.5

46.8

4.

Debt to equity

34.7

26.7

22.0

227.4

63.6

56.4

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

62.3

61.5

59.3

67.6

70.3

52.0

6.

Total outside liabilities to net worth

274.0

247.0

225.9

#

328.0

287.6

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.1

1.1

1.2

1.0

1.1

1.1

8.

Quick assets to current liabilities

53.3

57.8

55.7

50.4

65.1

63.8

9.

Current assets to total net assets

72.4

73.2

71.8

73.2

69.8

65.5

10.

Sundry creditors to current assets

29.9

30.0

28.5

44.9

41.5

41.6

11.

Sundry creditors to net working capital

274.5

236.0

203.4

#

584.2

797.9

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

122.0

119.2

113.8

136.5

119.3

125.6

13.

Sales to gross fixed assets

269.3

280.8

256.2

236.3

229.2

224.2

14.

Inventories to sales

21.9

21.3

23.1

18.9

13.9

13.6

15.

Sundry debtors to sales

21.1

25.2

23.8

22.3

31.7

27.5

16.

Exports to sales

5.7

7.0

7.4

4.4

1.4

0.2

17.

Gross value added to gross fixed assets

62.9

65.1

60.6

57.6

55.2

61.2

18.

Raw materials consumed to value of production

57.1

56.7

54.9

54.2

50.3

49.5

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

27.8

47.8

30.9

86.8

20.

Gross capital formation to total uses of funds

46.4

76.9

21.8

105.1

21.

External sources of funds to total sources of funds

69.2

48.2

55.1

18.2

22.

Increase in bank borrowings to total external sources

21.8

24.3

**

**

23.

Gross savings to gross capital formation

68.0

65.1

145.6

77.7

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

11.7

11.3

10.6

8.3

9.1

8.7

25.

Gross profits to sales

9.5

9.5

9.3

6.1

7.6

6.9

26.

Profits after tax to net worth

19.4

17.6

12.5

**

25.3

12.5

27.

Tax provision to profits before tax

37.1

35.3

39.2

174.7

34.1

44.2

28.

Profits retained to profits after tax

81.1

83.3

74.5

##

92.9

82.1

29.

Dividends to net worth

3.7

2.9

3.2

6.9

1.8

2.2

30.

Ordinary dividends to ordinary paid-up capital

9.6

8.5

9.3

6.5

5.5

6.7

Note :

Figures in brackets represent the number of companies.

@

Adjusted for revaluation, etc.

*

Item B.7 is the actual ratio of current assets to current liabilities.

**

Numerator is negative or nil or negligible.

#

Denominator is negative or nil or negligible.

##

Both numerator and denominator are negative or nil or negligible.

@@

Industry-groups viz., 'Motor vehicles', 'Electrical machinery, apparatus, appliances, etc.', 'Machinery other than transport and electricals', 'Foundries and engineering workshops' and 'Ferrous/ non-ferrous metal products' are subgroups of 'Engineering'.

$$

Industry-groups viz., 'Basic industrial chemicals' and 'Medicines and pharmaceutical preparations' are sub-groups of 'Chemicals'.