Finances of Non-Government Non- Financial Large Public Limited Companies: 2010-11* This article presents the financial performance of select 2,072 non-government non-financial large public limited companies during the financial year 2010-11, based on their audited annual accounts. The data are presented at the aggregate level for all select companies and also for select industries. The aggregate results of the select companies in 2010-11 revealed that while major parameters like sales, value of production, manufacturing expenses recorded higher growth as compared to those in 2009-10, the growth rates of various measures of profit like PBDIT, gross profits, profits after tax and gross savings moderated in 2010-11. Profitability and profit allocation ratios such as profit margin, return on equity worsened in 2010-11 as compared with 2009-10, while dividends to net worth ratio remained at similar level. However, growth in borrowings was at a much higher level in 2010- 11 as compared with the previous year. As a result, the share of external sources of funds (i.e., other than own sources) exceeded that of internal sources (i.e., own sources) in the year 2010-11. This article presents the financial performance of select 2,072 non-government non-financial (NGNF) large1 public limited companies for the financial year 2010-11 based on their audited annual accounts closed during April 2010 to March 20112. The select 2,072 companies accounted for 21.0 per cent of population paid-up capital (provisional estimate supplied by Ministry of Corporate Affairs, GoI) of all nongovernment non financial public limited companies as on March 31, 2011. Income and Expenditure The total sales of 2,072 select companies amounted to `19,990 billion, registering a higher growth of 22.5 per cent in 2010-11 as against 13.5 per cent in 2009-10 (Table 1 & Chart 1). However, manufacturing expenses and remuneration to employees recorded a much higher growth in 2010-11. As a result, the growth in various measures of profit like profit before depreciation, interest and tax (PBDIT), gross profits (PBIT) and profits after tax has moderated in the study year. Interest payments increased at slightly higher rate in 2010-11 mainly on account of higher growth in borrowings during the year. Dividend payments and profits retained by the select companies increased by 18.1 per cent and 8.5 per cent, respectively in 2010-11 as compared with higher growth at 45.0 per cent and 24.0 per cent, respectively in 2009-10. Both gross saving and gross value added grew at lower rates in 2010-11 as compared with 2009-10.
Table 1: Growth Rates and Ratios of Select Items |
(Per cent) |
Item |
2009-10 |
2010-11 |
Growth rates |
|
|
Sales + |
13.5 |
22.5 |
Value of production |
13.5 |
23.1 |
Manufacturing expenses |
14.3 |
26.3 |
Remuneration to employees |
4.4 |
19.5 |
PBDIT |
34.1 |
16.6 |
Gross profit (PBIT) |
31.3 |
11.3 |
Interest paid |
12.4 |
13.4 |
Non-operating surplus / Deficit |
-35.7 |
36.1 |
Profit before tax |
30.8 |
11.9 |
Tax provision |
40.1 |
13.4 |
Profit after tax |
27.8 |
11.3 |
Dividend paid |
45.0 |
18.1 |
Profit retained |
24.0 |
8.5 |
Net worth @ |
18.3 |
16.5 |
Gross saving |
23.3 |
11.8 |
Ratios |
|
|
Debt to equity |
41.4 |
38.6 |
Gross fixed assets formation to total uses of funds |
38.4 |
24.0 |
Gross capital formation to total uses of funds |
50.6 |
37.3 |
PBDIT to sales |
13.7 |
13.0 |
Gross profit to sales |
14.8 |
13.5 |
Profit after tax to net worth |
14.0 |
13.4 |
Tax provision to profit before tax* |
23.9 |
24.4 |
Profits retained to profit after tax* |
75.6 |
73.7 |
Ordinary dividends to ordinary paid-up capital |
46.3 |
50.5 |
+ Net of ‘Rebates and discounts’ and ‘Excise duty and cess’. @ Adjusted for revaluation, etc. * Calculated based on companies which made profit during the year. |
|
Composition of income of the select companies in 2010-11 was quite similar to that in the previous year (Table 2). In the expenditure side, the share of manufacturing expenses increased to 66.0 per cent in 2010-11 from 63.8 per cent in 2009-10, whereas the share of other expenses decreased to 20.7 per cent in 2010-11 from 22.4 per cent in the previous year.
Table 2: Operating Income and Expenditure |
(Per cent) |
Income |
2009-10 |
2010-11 |
Expenditure |
2009-10 |
2010-11 |
Sales |
93.5 |
93.8 |
Manufacturing expenses |
63.8 |
66.0 |
Change in Inventory |
1.1 |
1.6 |
Remuneration to employees |
7.2 |
7.0 |
Other income |
5.4 |
4.6 |
Interest expenses |
2.7 |
2.5 |
|
|
|
Other expenses |
22.4 |
20.7 |
|
|
|
Provision (other than tax) |
3.9 |
3.8 |
Total |
100.0 |
100.0 |
Total |
100.0 |
100.0 |
|
The gross profit margin (PBIT to sales) of the select companies decreased by 1.3 percentage points to 13.5 per cent and PBDIT margin (PBDIT to sales) decreased by 0.7 percentage points to 13.0 per cent in 2010-11 (Statement 2 & Chart 2). Retention ratio (measured by profits retained as percentage of profits after tax based on companies which made profit in the year under study) decreased and dividends to net worth ratio remained in the same level in 2010-11 as compared to that in 2009-10. Effective tax rate3 (tax provision as percentage of profits before tax) increased marginally from 23.9 per cent in 2009-10 to 24.4 per cent in 2010- 11. The ordinary dividend rate (ordinary dividends as percentage of ordinary paid-up capital) increased from 46.3 per cent in 2009-10 to 50.5 per cent in 2010-11. The utilisation of assets have improved in 2010-11 as reflected by the assets utilisation ratios (sales to total net assets and sales to gross fixed assets). Earnings and Expenditure in Foreign Currencies The total earnings in foreign currencies4 of the select companies grew by 21.2 per cent to `5,088 billion in 2010-11 as against a lower growth of 5.0 per cent in 2009-10 (Statements 1 & 6). The merchandise exports recorded a higher increase by 28.1 per cent in 2010-11 as compared with 6.8 per cent growth recorded in the previous year. The exports to sales ratio increased to 18.9 per cent in 2010-11 from 18.1 per cent in 2009-10 (Statement 2). Similarly, the total expenditure in foreign currencies (`6,321 billion) increased by 18.5 per cent in 2010-11 as compared with 10.9 percent increase in 2009-10. The value of merchandise imports registered a higher growth of 19.9 per cent in 2010-11. The share of raw materials in total merchandise imports moved up to 86.1 per cent in 2010-11 (85.4 per cent in 2009-10) while that of capital goods declined to 6.4 per cent (7.9 per cent in 2009-10). The net outflow in foreign currencies for the select companies increased by 8.6 per cent to `1,232 billion in 2010-11 from `1,135 billion in 2009-10.
Table 3: Composition of Liabilities and Assets |
(Per cent) |
Capital and Liabilities |
2009-10 |
2010-11 |
Assets |
2009-10 |
2010-11 |
1 Share capital |
3.8 |
3.6 |
1 Gross fixed assets |
54.7 |
50.7 |
2 Reserves and surplus |
42.1 |
42.0 |
2 Depreciation |
16.5 |
16.1 |
of which: Capital reserve |
15.3 |
14.9 |
3 Net fixed assets |
38.2 |
34.6 |
3 Borrowings |
31.1 |
30.6 |
4 Inventories |
11.0 |
11.6 |
of which: From banks |
18.9 |
19.0 |
5 Loans and advances and other debtor balances |
22.2 |
24.1 |
4 Trade dues and other current liabilities |
18.9 |
20.1 |
6 Investments |
19.3 |
18.1 |
of which: Sundry creditors |
11.5 |
12.3 |
7 Advance of income-tax |
|
|
5 Provisions |
4.1 |
3.7 |
8 Other assets |
2.8 |
4.5 |
6 Miscellaneous non-current liabilities |
_ |
_ |
9 Cash and bank balances |
6.5 |
7.1 |
Total |
100.0 |
100.0 |
Total |
100.0 |
100.0 |
Liabilities and Assets Total liabilities/net assets of the select companies witnessed a higher growth of 17.1 per cent at `27,695 billion in 2010-11 against growth at 12.7 per cent in 2009-10 (Statement 4). The net worth grew at a lower rate of 16.5 per cent in 2010-11 as compared with 18.3 per cent in the previous year. Total borrowings showed a higher growth of 15.2 per cent in 2010-11 as compared with 5.6 per cent in the previous year. Further, borrowings from banks recorded 17.5 per cent growth in 2010-11 as against 1.2 per cent in 2009- 10. Trade dues and other current liabilities increased by 24.0 per cent in 2010-11. On the assets side, gross fixed assets (adjusted for revaluation) registered a lower growth of 8.5 per cent in 2010-11 as compared with 10.6 per cent in 2009-10. But inventories grew at a higher rate of 23.3 per cent.
|
The composition of capital and liabilities (Table 3 and Chart 3) in 2010-11 showed a marginal decrease in the share of borrowings and an increase in the share of Trade dues and other current liabilities. Reserves and surplus and borrowings continued to be the major contributor in total liabilities having share of 42.0 per cent and 30.6 per cent, respectively in 2010-11. Debt to equity ratio (debt as percentage of equity) decreased to 38.6 per cent in 2010-11 from 41.4 per cent in 2009-10.
Table 4: Composition of Sources and Uses of funds |
(Per cent) |
Sources of funds |
2009-10 |
2010-11 |
Uses of funds |
2009-10 |
2010-11 |
Internal sources (Own sources) |
56.5 |
39.4 |
1 Gross fixed assets |
38.4 |
24.0 |
1 Paid-up capital |
0.9 |
0.5 |
of which: i) Buildings |
6.1 |
4.0 |
2 Reserves and Surplus |
34.4 |
25.8 |
ii) Plant and Machinery |
44.1 |
9.0 |
3 Provisions |
21.2 |
13.1 |
2 Inventories |
12.2 |
13.3 |
of which: Depreciation provision |
16.7 |
11.4 |
of which: i) Raw materials etc. |
6.3 |
5.1 |
External sources (Other than own sources) |
43.5 |
60.6 |
ii) Finished goods |
2.4 |
4.4 |
4 Paid-up capital* |
16.6 |
12.6 |
3 Loans and advances and |
|
|
of which: Premium on shares |
16.5 |
11.1 |
other debtor balances |
17.2 |
31.0 |
5 Borrowings |
12.0 |
24.4 |
4 Investments |
29.0 |
9.1 |
of which: i) Debentures |
5.5 |
2.4 |
5 Other assets |
0.4 |
13.1 |
ii) Loans and advances |
5.5 |
21.9 |
6 Cash and bank balances |
2.8 |
9.5 |
of which: From banks |
1.6 |
17.1 |
|
|
|
6 Trade dues and other current liabilities |
14.7 |
23.5 |
|
|
|
Total |
100.0 |
100.0 |
Total |
100.0 |
100.0 |
* Includes capital receipts. |
The composition of assets in 2010-11 displayed a decline in share of ‘net fixed assets’ by 3.6 percentage points to 34.6 per cent. Besides, the share of ‘investment’ reduced by 1.2 percentage points to 18.0 per cent in the current study year. On the other hand, there were increases in the shares of ‘Loans and advances and other debtor balances’ (1.9 percentage points) and ‘Other assets’ (1.7 percentage points). The current ratio (current assets to current liabilities) stood at the same level of 1.2 in 2010-11.
Sources and Uses of Funds The share of external sources of funds in total sources of funds increased to 60.6 per cent in the year 2010-11 from 43.5 per cent in the previous year (Statement 5). The share of borrowings in total sources of funds rose sharply by 12.4 percentage points to 24.4 per cent while that of trade dues and other current liabilities rose by 8.8 percentage points to 23.5 per cent in 2010-11. Accordingly, the share of internal sources of funds declined with ‘reserve and surplus’ (25.8 per cent against 34.4 per cent) and provisions (13.1 per cent against 21.2 per cent) contributing in equal measure. The composition of uses of funds in 2010-11 displayed a significant decrease in the share of gross fixed assets formation (by 14.4 percentage points to 24.0 per cent) and in the share of investments (by 19.9 percentage points to 9.1 per cent). On the other hand, there was increase in the share of loans and advances and other debtor balances (from 17.2 per cent in 2009- 10 to 31.0 per cent in 2010-11), other assets (from 0.4 per cent to 13.1 per cent) and cash and bank balances (from 2.8 per cent to 9.5 per cent). Gross savings to gross capital formation ratio increased further to 116.8 per cent in 2010-11 from 109.4 per cent in the previous year. Performance of Companies by Size of Sales On analysing the performance of companies according to size of sales, it was observed that while larger companies recorded higher growth in sales in 2010-11, smaller companies, having sales volume less than `250 million, recorded further decline in sales (Table 5 and Statement 7). Companies having sales volume upto `1 billion recorded decline in PBDIT while the companies in higher sales size groups displayed moderation in growth. Total net assets grew at higher rates in 2010-11 in all size groups except those with sales size upto `500 million.
Table 5: Performance of Companies by Size of Sales |
A. Growth Rates of Select items |
(Per cent) |
Sales size Group |
Number of Companies |
Sales |
PBDIT |
Total Net Assets |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
Less than `250 million |
375 |
-4.3 |
-26.6 |
-51.7 |
-45.1 |
18.4 |
10.5 |
`250 million - `500 million |
232 |
-3.0 |
11.7 |
-14.8 |
-2.9 |
9.1 |
6.1 |
`500 million - `1 billion |
303 |
7.6 |
11.2 |
28.5 |
-3.0 |
11.5 |
12.6 |
`1 billion - `5 billion |
581 |
9.9 |
17.9 |
42.6 |
2.7 |
12.9 |
15.7 |
`5 billion - `10 billion |
240 |
10.7 |
18.8 |
18.2 |
9.1 |
15.6 |
19.2 |
`10 billion and above |
341 |
14.5 |
23.8 |
34.7 |
18.5 |
12.5 |
17.4 |
B. Select Financial Ratios |
(Per cent) |
Sales size Group |
PBDIT to Sales |
Debt to Equity |
Tax provision to Profits before tax* |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
Less than `250 million |
-28.4 |
-45.0 |
-89.0 |
30.2 |
30.2 |
28.2 |
20.9 |
21.6 |
24.2 |
`250 million - `500 million |
-49.4 |
-58.5 |
-53.9 |
33.2 |
37.5 |
39.1 |
25.3 |
33.9 |
27.9 |
`500 million - `1 billion |
10.7 |
12.7 |
11.1 |
50.0 |
46.3 |
45.2 |
24.1 |
22.0 |
23.9 |
`1 billion - `5 billion |
7.7 |
10.0 |
8.7 |
50.8 |
45.8 |
40.2 |
24.5 |
25.3 |
24.8 |
`5 billion - `10 billion |
10.5 |
11.2 |
10.3 |
61.4 |
61.9 |
64.9 |
22.1 |
24.6 |
25.3 |
`10 billion and above |
12.7 |
15.0 |
14.4 |
39.9 |
39.0 |
36.0 |
21.7 |
23.9 |
24.2 |
* Calculated based on companies which made profit in the year. |
While the companies having sales sizes less than `500 million had negative profit margin for the third consecutive year, PBDIT margin in other sales groups moderated in 2010-11 (Table 5 and Statement 8). Debt to equity ratio was the lowest, at 28.2 per cent, for the smallest sales size companies i.e. ‘Less than `250 million’, while companies in ‘`5 billion to `10 billion’ sales range recorded the highest debt to equity ratio at 64.9 per cent in 2010-11. Performance of Companies by Size of Paidup Capital When grouped according to size of their paid-up capital (PUC), it was observed that growth rate in sales was significantly higher in 2010-11 than in the previous year for all PUC size classes (Table 6 and Statement 9). Growth in PBDIT, on the other hand, moderated except for the lowest PUC size class ‘`10 million to `20 million’. Companies in ‘`250 million to `500 million’ PUC size-class recorded the lowest (2.9 per cent) growth in PBDIT while those in ‘`500 million to `1 billion’ PUC size-class recorded the highest growth (58.1 per cent) in 2010-11. Growth in total net assets was higher in 2010-11 as compared to that in 2009-10 across all PUC size-classes. PBDIT margin moderated in 2010-11 for companies in all PUC size classes except those in PUC size classes ‘`10 million – `20 million’ and ‘`500 million – `1 billion’ (Table 6 and Statement 10). Debt to equity ratio was lower in 2010-11 as compared with that in 2009-10 for most of the PUC size classes except for the size classes ‘`50 million – `100 million’ and ‘`250 million – `500 million’. Companies in PUC size-classes ‘`250 million - `500 million’ and ‘`500 million - `1 billion’ displayed relatively higher debt to equity ratio in all three years of the study period while the lowest debt to equity ratio was recorded in the lowest PUC size class i.e. ‘`10 million – `20 million’.
Table 6: Performance of companies by size of Paid-up capital |
A. Growth Rates of Select items |
(Per cent) |
PUC Size Group |
Number of Companies |
Sales |
PBDIT |
Total Net Assets |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
`10 million -`20 million |
97 |
7.4 |
28.4 |
46.4 |
54.7 |
17.8 |
37.2 |
`20 million -`50 million |
333 |
8.6 |
20.3 |
36.1 |
12.3 |
8.2 |
19.1 |
`50 million -`100 million |
391 |
11.3 |
24.2 |
30.8 |
9.1 |
10.2 |
20.9 |
`100 million -`250 million |
592 |
13.7 |
21.4 |
40.3 |
12.6 |
14.0 |
16.6 |
`250 million -`500 million |
292 |
13.2 |
22.6 |
46.9 |
2.9 |
18.7 |
19.2 |
`500 million -`1 billion |
193 |
9.0 |
22.1 |
121.5 |
58.1 |
12.0 |
19.3 |
`1 billion and above |
174 |
15.1 |
22.7 |
25.6 |
14.7 |
11.9 |
16.0 |
B. Select Financial Ratios |
(Per cent) |
PUC Size Group |
PBDIT to Sales |
Debt to Equity |
Tax provision to Profits before tax* |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
`10 million -`20 million |
14.7 |
20.1 |
24.2 |
19.9 |
11.2 |
8.2 |
37.3 |
31.2 |
30.6 |
`20 million -`50 million |
6.4 |
8.0 |
7.5 |
38.5 |
33.4 |
29.4 |
32.2 |
28.4 |
27.1 |
`50 million -`100 million |
8.6 |
10.1 |
8.9 |
38.8 |
32.1 |
32.9 |
29.5 |
30.0 |
28.3 |
`100 million -`250 million |
9.7 |
12.0 |
11.1 |
45.8 |
41.5 |
39.8 |
26.4 |
26.4 |
27.5 |
`250 million -`500 million |
8.4 |
10.9 |
9.1 |
62.7 |
62.7 |
64.2 |
22.9 |
23.8 |
23.6 |
`500 million -`1 billion |
3.9 |
7.9 |
10.2 |
60.3 |
54.4 |
47.5 |
25.8 |
25.6 |
26.6 |
`1 billion and above |
15.3 |
16.7 |
15.6 |
35.9 |
36.1 |
33.3 |
19.8 |
23.0 |
23.3 |
* Calculated based on companies which made profit in the year. |
Industry-wise Performance During the year 2010-11, growth in sales improved while that in PBDIT moderated in both the manufacturing5 and service6 sectors (Table 7 and Statement 11). While companies in the manufacturing sector recorded higher growth in both sales and PBDIT as compared with those in the services sector, the PBDIT margin in the services sector was found to be higher than that in the manufacturing sector. The debt to equity has declined gradually for both the sectors during the three year study period. Borrowing from banks in manufacturing sector grown at 13.9 per cent in 2010-11 (decline at 2.1 per cent in 2009-10) and in services sector at 25.1 per cent (1.8 per cent).
Table 7: Industry-wise Performance |
A. Growth Rates of select items |
(Per cent) |
Select Industry Group |
Number of companies |
Sales |
PBDIT |
Bank borrowings |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
Mining and quarrying |
23 |
3.9 |
25.9 |
22.1 |
47.3 |
11.0 |
22.4 |
Manufacturing |
1439 |
14.7 |
24.0 |
38.4 |
13.7 |
-2.1 |
13.9 |
Food products and beverages |
134 |
16.4 |
32.0 |
66.0 |
-10.3 |
14.0 |
20.1 |
of which: Sugar |
38 |
38.5 |
44.3 |
162.3 |
-61.8 |
-0.4 |
17.8 |
Cotton textiles |
106 |
19.8 |
33.7 |
86.9 |
54.2 |
10.5 |
15.0 |
Man-made textiles |
21 |
17.6 |
29.2 |
79.5 |
64.9 |
4.4 |
11.1 |
Chemicals and chemical products |
298 |
4.5 |
18.2 |
42.0 |
14.7 |
-2.3 |
13.5 |
of which: Chemical fertilizers and pesticides |
29 |
-16.1 |
16.6 |
-12.0 |
13.2 |
-7.8 |
-18.8 |
Pharmaceuticals and medicines |
105 |
11.7 |
16.7 |
74.3 |
13.2 |
-1.1 |
32.1 |
Plastic products |
71 |
12.4 |
24.0 |
54.1 |
38.5 |
21.9 |
9.9 |
Cement and cement products |
37 |
6.3 |
-7.2 |
23.1 |
-35.1 |
-4.3 |
9.2 |
Iron and steel |
93 |
6.6 |
21.6 |
24.6 |
18.5 |
2.2 |
20.5 |
Machinery and machine tools |
120 |
1.6 |
16.9 |
10.8 |
12.0 |
-2.0 |
22.2 |
Electrical machinery and apparatus |
66 |
-1.5 |
15.2 |
# |
16.7 |
-11.5 |
12.6 |
Motor vehicles and other transport equipments |
104 |
31.3 |
31.7 |
111.6 |
17.7 |
-4.2 |
-8.7 |
Construction |
75 |
29.9 |
24.3 |
-13.8 |
38.8 |
20.1 |
29.8 |
Services |
487 |
8.0 |
17.2 |
19.6 |
12.2 |
1.8 |
25.1 |
Transport, storage and communications |
51 |
0.7 |
14.2 |
15.0 |
5.1 |
-8.0 |
37.9 |
Real estate |
37 |
20.8 |
5.0 |
-10.8 |
26.9 |
7.5 |
27.8 |
Computer and related activities |
138 |
6.1 |
17.4 |
26.0 |
13.8 |
29.6 |
8.3 |
All industries |
2072 |
13.5 |
22.5 |
34.1 |
16.6 |
1.2 |
17.5 |
B. Select Financial Ratios |
Select Industry Group |
PBDIT to sales |
Debt to equity |
Tax provision to profits before tax* |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
Mining and quarrying |
7.6 |
8.9 |
10.4 |
133.6 |
110.8 |
94.3 |
33.5 |
31.3 |
30.3 |
Manufacturing |
11.9 |
14.3 |
13.1 |
38.2 |
37.0 |
34.4 |
23.3 |
25.3 |
25.4 |
Food products and beverages |
7.0 |
10.0 |
6.8 |
71.2 |
62.1 |
59.5 |
30.5 |
27.1 |
29.0 |
of which: Sugar |
7.9 |
15.0 |
4.0 |
145.3 |
113.0 |
104.8 |
13.0 |
19.4 |
19.5 |
Cotton textiles |
8.9 |
13.8 |
16.0 |
175.6 |
164.3 |
137.5 |
15.7 |
18.6 |
18.3 |
Man-made textiles |
6.1 |
9.3 |
11.8 |
110.1 |
98.4 |
89.8 |
20.2 |
18.6 |
22.8 |
Chemicals and chemical products |
10.3 |
14.0 |
13.6 |
38.9 |
33.9 |
32.6 |
25.1 |
24.8 |
24.1 |
of which: Chemical fertilizers and pesticides |
8.5 |
8.9 |
8.6 |
31.7 |
32.7 |
39.1 |
37.5 |
35.2 |
32.6 |
Pharmaceuticals and medicines |
11.5 |
17.9 |
17.3 |
33.9 |
27.4 |
26.6 |
18.7 |
20.0 |
19.0 |
Plastic products |
10.2 |
13.9 |
15.6 |
70.9 |
68.7 |
57.6 |
18.6 |
22.2 |
27.5 |
Cement and cement products |
24.3 |
28.1 |
19.6 |
37.1 |
36.1 |
32.9 |
26.4 |
27.3 |
27.3 |
Iron and steel |
17.4 |
20.4 |
19.9 |
76.3 |
70.6 |
64.6 |
25.8 |
23.1 |
24.6 |
Machinery and machine tools |
10.8 |
11.7 |
11.2 |
19.7 |
19.0 |
18.1 |
27.6 |
32.7 |
32.7 |
Electrical machinery and apparatus |
-0.5 |
3.0 |
3.0 |
27.7 |
28.8 |
24.5 |
34.5 |
30.6 |
31.0 |
Motor vehicles and other transport equipments |
7.4 |
11.9 |
10.6 |
37.2 |
40.5 |
32.7 |
25.0 |
26.7 |
25.7 |
Construction |
-33.0 |
-28.9 |
-14.3 |
67.6 |
72.4 |
76.2 |
24.3 |
26.6 |
28.3 |
Services |
17.1 |
18.9 |
18.1 |
42.4 |
41.0 |
37.9 |
16.0 |
19.7 |
20.9 |
Transport, storage and communications |
15.8 |
18.1 |
16.6 |
59.6 |
60.1 |
57.8 |
7.9 |
10.3 |
8.5 |
Real estate |
29.1 |
21.5 |
25.9 |
55.8 |
53.3 |
52.1 |
17.9 |
20.0 |
23.0 |
Computer and related activities |
22.7 |
27.0 |
26.1 |
10.1 |
9.0 |
9.1 |
18.3 |
22.1 |
23.3 |
All industries |
11.6 |
13.7 |
13.0 |
42.6 |
41.4 |
38.6 |
21.3 |
23.9 |
24.4 |
* Calculated based on companies which made profit during the year # Denominator is negative or nil or negligible. |
While analysing industry-wise performance, it was observed that performance of companies were not uniform across industries. Companies in ‘Mining and quarrying’ displayed improved performance in 2010-11 recording higher growth both in sales and PBDIT. In manufacturing sector, companies in ‘Machinery and machine tools’ industries also recorded higher growth both in sales and PBDIT in 2010-11 while those in ‘Food products and beverages’ recorded a fall in PBDIT despite a higher growth in sales. Companies in ‘Cement and cement products’ industry displayed a poor performance in 2010-11 as compared with 2009-10 recording fall in both sales and PBDIT. In services sector, companies in the ’Real estate’ industry recorded lower growth rate in sales in 2010-11 but its PBDIT increased by 26.9 per cent (against decline by 10.8 per cent in 2009-10) mainly due to increase in the stock. PBDIT margin, in general, declined across all industries with the exceptions of ‘Mining and quarrying’, ‘Cotton textiles’, ’Manmade Textiles’ and ‘Plastic products’ in the manufacturing sector and ‘Real estate’ in the services sector. In services sector, companies in ‘Real estate’ and ‘Computer and related activities’ industries were observed to record relatively higher PBDIT margin during the three year study period. Companies in ‘construction’ industry showed a negative PBDIT margin in all the three years. Debt to equity ratio in ‘Mining and quarrying’ and ‘Construction’ was at high level. In manufacturing sector, companies in textile industry – especially in ‘Cotton textiles’ continued to record very high debt to equity ratio (above 100.0 per cent) during the years under study. Other industries recording high debt to equity in 2010-11 were ‘Sugar’ and ‘Man made textiles’ while it was lower in ‘Machinery and machine tools’ industries. In services sector, debt to equity ratio was observed to be lower (below 20.0 per cent) in ‘Computer and related activities’. Concluding Observations The aggregate result of the select 2,072 companies displayed higher growth in sales and moderation in growth in profits in 2010-11 due to relatively higher growth in expenditure. As a result, PBDIT margin declined and the growth in saving moderated in 2010- 11. As regards finances, external sources of funds was more than that of internal sources mainly due to increased borrowing during the year. However, capital formation out of uses of funds was lower this year than in previous year. Debt to equity ratio has declined while asset utilisation ratios have improved.
Statement 1: Growth Rates of the Select Items of the Select 2,072 Large Public Limited Companies, 2009-10 and 2010-11 |
(Per cent) |
Item |
2009-10 |
2010-11 |
1 |
2 |
3 |
1 Sales $ |
13.5 |
22.5 |
2 Value of production |
13.5 |
23.1 |
3 Total Income |
13.3 |
22.1 |
4 Manufacturing Expenses |
14.3 |
26.3 |
5 Remuneration to employees |
4.4 |
19.5 |
6 PBDIT |
34.1 |
16.6 |
7 Depreciation provision |
22.1 |
17.3 |
8 Gross profit (PBIT) |
31.3 |
11.3 |
9 Interest |
12.4 |
13.4 |
10 Profit before tax and non-operating surplus/deficit |
36.7 |
10.8 |
11 Non-operating surplus / deficit |
-35.7 |
36.1 |
12 Profit Before Tax |
30.8 |
11.9 |
13 Tax provision |
40.1 |
13.4 |
14 Profit After Tax |
27.8 |
11.3 |
15 Dividend paid |
45.0 |
18.1 |
16 Profit retained |
24.0 |
8.5 |
17 Gross saving |
23.3 |
11.8 |
18 (a) Gross value added |
22.6 |
13.9 |
(b) Net value added |
22.7 |
13.2 |
19 Net worth @ |
18.3 |
16.5 |
20 Total borrowings @ |
5.6 |
15.2 |
of which:, from banks @ |
1.2 |
17.5 |
21 Trade dues and other current liabilities @ |
11.8 |
24.0 |
22 (a) Gross fixed assets @ |
10.6 |
8.5 |
(b) Net fixed assets @ |
8.3 |
6.4 |
23 Inventories @ |
17.8 |
23.3 |
24 (a) Gross physical assets @ |
11.7 |
11.0 |
(b) Net physical assets @ |
10.3 |
10.2 |
25 (a) Total gross assets @ |
13.3 |
16.6 |
(b) Total net assets @ |
12.8 |
17.1 |
26 Total earnings in foreign currencies |
5.0 |
21.2 |
of which:, Exports |
6.8 |
28.1 |
27 Total expenditure in foreign currencies |
10.9 |
18.5 |
of which:, Imports |
15.1 |
19.9 |
+ : Net of ‘rebates and discounts’ and ‘excise duty and cess’. @ : Adjusted for revaluation, etc. Note : Rates of growth of all items are adjusted for changes due to amalgamation of companies. |
Statement 2: Select Financial Ratios of the Select 2,072 Large Public Limited Companies, 2008-09 to 2010-11 |
(Per cent) |
Selected Financial Ratios |
2008-09 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
A. Capital structure ratios |
|
|
|
1 Net fixed assets to total net assets |
39.8 |
38.2 |
34.6 |
2 Net worth to total net assets |
43.9 |
45.9 |
45.6 |
3 Debt to equity |
42.6 |
41.4 |
38.6 |
4 Debt to equity (equity adjusted for revaluation reserve) |
44.0 |
42.5 |
39.5 |
5 Short term bank borrowings to inventories |
117.3 |
87.8 |
91.4 |
6 Total outside liabilities to net worth |
128.0 |
117.8 |
119.2 |
B. Liquidity ratios |
|
|
|
7 Current assets to current liabilities * |
1.1 |
1.2 |
1.2 |
8 Quick assets to current liabilities |
51.3 |
56.0 |
56.7 |
9 Current assets to total net assets |
42.0 |
42.5 |
45.6 |
10 Sundry creditors to current assets |
27.1 |
27.0 |
26.9 |
11 Sundry creditors to net working capital |
234.0 |
149.5 |
135.4 |
C. Assets utilisation and turnover ratios |
|
|
|
12 Sales to total net assets |
68.5 |
69.0 |
72.2 |
13 Sales to gross fixed assets |
123.2 |
126.1 |
142.3 |
14 Inventories to sales |
15.4 |
16.0 |
16.1 |
15 Sundry debtors to sales |
14.6 |
14.9 |
15.0 |
16 Exports to sales |
19.2 |
18.1 |
18.9 |
17 Gross value added to gross fixed assets |
29.8 |
32.9 |
34.5 |
18 Raw materials consumed to value of production |
51.5 |
52.5 |
55.0 |
D. Sources and uses of funds ratios @ |
|
|
|
19 Gross fixed assets formation to total uses of funds |
|
38.4 |
24.0 |
20 Gross capital formation to total uses of funds |
|
50.6 |
37.3 |
21 External sources of funds to total sources of funds |
|
43.5 |
60.6 |
22 Increase in bank borrowings to total external sources |
|
3.7 |
28.2 |
23 Gross savings to gross capital formation |
|
109.4 |
116.8 |
E. Profitability and profit allocation ratios |
|
|
|
24 Gross profit (PBIT) to total net assets |
8.8 |
10.2 |
9.7 |
25 Gross profit (PBIT) to sales |
12.8 |
14.8 |
13.5 |
26 Profit after tax to net worth |
12.9 |
14.0 |
13.4 |
27 PBDIT to sales |
11.6 |
13.7 |
13.0 |
28 Tax provision to profit before tax** |
21.3 |
23.9 |
24.4 |
29 Profit retained to profit after tax** |
79.5 |
75.6 |
73.7 |
30 Dividends to net worth |
2.8 |
3.5 |
3.5 |
31 Ordinary dividends to ordinary paid-up capital |
35.4 |
46.3 |
50.5 |
* : Item B.7 is the actual ratio of current assets to current liabilities. ** : Calculated based on companies which made profit in the year. @ : Available for two years, as these are worked based on sources and uses of funds taking difference between two successive years. These ratios are adjusted for revaluation, etc. |
Statement 3: Combined Income, Value of Production, Expenditure and Appropriation Accounts of the Select 2,072 Large Public Limited Companies, 2008-09 to 2010-11 |
(` Million) |
Item |
2008-09 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
INCOME AND VALUE OF PRODUCTION |
|
|
|
1 Sales+ |
1,43,86,842 |
1,63,23,326 |
1,99,89,753 |
2 Increase(+) or decrease(-) in value of stock |
|
|
|
of finished goods and work in progress |
1,55,691 |
1,88,525 |
3,31,166 |
3 Value of production (1+2) |
1,45,42,533 |
1,65,11,850 |
2,03,20,919 |
4 Other income |
7,30,248 |
8,62,017 |
8,81,944 |
Of which, (a) Dividends |
59,233 |
48,971 |
60,301 |
(b) Interest |
1,52,194 |
1,54,611 |
1,92,544 |
(c) Rent |
13,468 |
7,948 |
8,865 |
5 Non-operating surplus(+)/ deficit(-) |
1,27,924 |
82,193 |
1,11,843 |
6 Total (3+4+5) |
1,54,00,706 |
1,74,56,060 |
2,13,14,705 |
EXPENDITURE AND APPROPRIATIONS |
|
|
|
7 Raw materials, components etc. consumed |
74,88,295 |
86,64,332 |
1,11,67,077 |
8 Stores and spares consumed |
3,67,223 |
3,89,869 |
4,60,357 |
9 Power and fuel |
7,98,398 |
7,70,958 |
9,17,489 |
10 Other manufacturing expenses |
10,90,462 |
13,15,508 |
15,26,853 |
11 Salaries, wages and bonus |
9,99,441 |
10,43,652 |
12,47,759 |
12 Providend fund |
54,308 |
54,923 |
70,037 |
13 Employees' welfare expenses |
94,210 |
99,441 |
1,13,293 |
14 Managerial remuneration |
42,826 |
53,121 |
58,810 |
15 Royalty |
31,550 |
43,654 |
64,217 |
16 Repairs to buildings |
18,989 |
20,362 |
22,905 |
17 Repairs to machinery |
1,06,059 |
1,19,988 |
1,38,861 |
18 Bad debts |
39,123 |
45,367 |
36,421 |
19 Selling commission |
1,75,520 |
1,97,592 |
2,29,001 |
20 Rent |
1,15,708 |
1,29,701 |
1,42,413 |
21 Rates and taxes |
38,488 |
44,078 |
52,150 |
22 Advertisement |
1,28,497 |
1,54,715 |
1,77,798 |
23 Insurance |
25,401 |
29,514 |
32,709 |
24 Research and development |
74,959 |
94,459 |
1,06,234 |
25 Other expenses |
11,54,825 |
9,92,968 |
11,33,216 |
26 Other provision (excl. depreciation & tax) |
34,883 |
17,847 |
23,178 |
27 PBDIT |
16,63,367 |
22,29,803 |
26,00,140 |
28 Depreciation provision |
5,47,268 |
6,68,390 |
7,83,984 |
29 Gross profit (PBIT) |
18,46,346 |
24,23,431 |
26,98,100 |
30 Less: Interest |
4,13,826 |
4,65,206 |
5,27,458 |
31 Profit before tax and non-operating surplus/deficit |
14,32,520 |
19,58,225 |
21,70,642 |
32 Non-operating surplus (+) / deficit (-) |
1,27,924 |
82,193 |
1,11,843 |
33 Profit Before Tax |
15,60,444 |
20,40,418 |
22,82,485 |
34 Less: Tax provision |
3,70,389 |
5,19,039 |
5,88,573 |
35 Profit After Tax |
11,90,055 |
15,21,379 |
16,93,912 |
36 Dividend |
2,60,718 |
3,78,089 |
4,46,368 |
(a) Ordinary |
2,57,863 |
3,75,185 |
4,44,787 |
(b) Preference |
2,855 |
2,904 |
1,581 |
37 Profit retained |
9,00,626 |
11,16,362 |
12,10,805 |
38 Total ( 7 to 26 + 28 + 29 + 32) |
1,54,00,706 |
1,74,56,060 |
2,13,14,705 |
+ : Net of ‘rebates and discounts’ and ‘excise duty and cess’. |
Statement 4: Combined Balance Sheet of the Selected 2,072 Large Public Limited Companies, 2008-09 to 2010-11 |
(` Million) |
Capital and Liabilities |
2008-09 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
A. Share capital |
8,77,688 |
9,07,310 |
10,02,046 |
1 Paid-up capital |
8,76,518 |
9,05,808 |
10,00,199 |
(a) Ordinary |
7,28,785 |
8,10,638 |
8,81,254 |
Of which, bonus |
1,48,203 |
1,76,859 |
2,01,231 |
(b) Preference |
1,47,732 |
95,170 |
1,18,945 |
2 Forfeited shares |
1,171 |
1,502 |
1,847 |
B. Reserves and surplus |
83,26,053 |
99,55,693 |
1,16,30,479 |
3 Capital reserve |
31,19,927 |
36,29,345 |
41,34,803 |
Of which, premium on shares |
26,78,673 |
31,78,727 |
36,85,609 |
4 Investment allowance reserve |
2,103 |
1,492 |
2,374 |
5 Sinking funds |
82,696 |
1,29,740 |
1,65,213 |
6 Other reserves |
51,21,326 |
61,95,116 |
73,28,089 |
C. Borrowings |
69,57,765 |
73,50,738 |
84,65,267 |
7 Debentures @ |
5,33,730 |
7,09,768 |
8,18,758 |
8 Loans and advances |
61,54,413 |
63,36,340 |
73,38,378 |
(a) From banks |
44,09,632 |
44,67,834 |
52,50,955 |
Of which, short-term borrowings |
25,99,159 |
22,92,279 |
29,42,302 |
(b) From other Indian financial institutions |
2,58,646 |
2,73,309 |
2,66,216 |
(c) From foreign institutional agencies |
9,54,454 |
9,45,128 |
10,74,048 |
(d) From Government and semi-Government bodies |
44,593 |
45,695 |
53,001 |
(e) From companies |
1,89,106 |
2,47,525 |
2,95,975 |
(f) From others |
2,97,983 |
3,56,849 |
3,98,183 |
9 Deferred payments |
2,14,852 |
1,93,992 |
1,76,601 |
10 Public deposits |
54,770 |
1,10,639 |
1,31,530 |
Of total borrowings, debt |
39,17,988 |
44,96,107 |
48,82,130 |
D. Trade dues and other current liabilities |
40,05,589 |
44,80,742 |
55,58,021 |
11 Sundry creditors |
23,90,305 |
27,14,962 |
34,01,413 |
12 Acceptances |
2,69,358 |
3,12,251 |
3,62,772 |
13 Liabilities to companies |
49,400 |
56,054 |
57,969 |
14 Advances/ deposits from customers, agents, etc. |
7,13,742 |
7,98,397 |
9,80,969 |
15 Interest accrued on loans |
78,915 |
64,118 |
72,843 |
16 Others |
5,03,869 |
5,34,959 |
6,82,055 |
E. Provisions |
8,19,360 |
9,62,372 |
10,39,256 |
17 Taxation (net of advance of income-tax) |
2,83,914 |
3,00,940 |
3,02,055 |
18 Dividends |
2,00,717 |
3,18,442 |
3,51,849 |
19 Other current provisions |
2,68,761 |
2,73,114 |
3,21,070 |
20 Non-current provisions |
65,969 |
69,877 |
64,282 |
F. 21 Miscellaneous non-current liabilities |
1,726 |
2,203 |
72 |
22 TOTAL |
2,09,88,182 |
2,36,59,058 |
2,76,95,140 |
@ : Include privately placed debentures. |
Statement 4: Combined Balance Sheet of the Selected 2,072 Large Public Limited Companies, 2008-09 to 2010-11 (Concld.) |
(` Million) |
Assets |
2008-09 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
G. Gross fixed assets |
1,16,78,096 |
1,29,40,648 |
1,40,45,435 |
23 Land |
4,14,547 |
4,84,851 |
5,38,361 |
24 Buildings |
10,04,920 |
12,04,678 |
13,88,046 |
25 Plant and machinery |
75,03,031 |
89,37,317 |
93,51,159 |
26 Capital work-in-progress |
20,36,825 |
15,08,820 |
18,82,755 |
27 Furniture, fixtures and office equipments |
2,76,817 |
3,04,020 |
3,89,797 |
28 Others |
4,41,955 |
5,00,962 |
4,95,317 |
H. 29 Depreciation |
33,33,289 |
39,08,097 |
44,53,844 |
I. 30 Net fixed assets |
83,44,807 |
90,32,551 |
95,91,591 |
J. Inventories |
22,15,887 |
26,10,090 |
32,17,534 |
31 Raw materials, components, etc. |
7,02,257 |
9,06,046 |
11,39,683 |
32 Finished goods |
5,84,915 |
6,61,204 |
8,63,704 |
33 Work-in-progress |
4,87,701 |
5,79,449 |
6,83,738 |
34 Stores and spares |
2,30,371 |
2,32,214 |
2,66,088 |
35 Others |
2,10,643 |
2,31,178 |
2,64,322 |
K. Loans and advances and other debtor balances |
47,00,494 |
52,55,810 |
66,76,016 |
36 Sundry debtors |
20,97,562 |
24,33,628 |
30,04,771 |
37 Loans and advances |
20,44,465 |
21,43,876 |
26,81,224 |
(a) To subsidiaries and companies under the same management |
7,87,139 |
8,31,502 |
10,91,786 |
(b) Others |
12,57,326 |
13,12,374 |
15,89,438 |
38 Interest accrued on loans and advances |
71,872 |
75,127 |
1,03,017 |
39 Deposits/ balances with Government/ others |
3,16,682 |
3,54,117 |
3,90,549 |
40 Others |
1,69,913 |
2,49,063 |
4,96,455 |
L. Investments |
36,49,707 |
45,78,029 |
49,96,631 |
Of which, quoted investments |
4,65,695 |
6,47,308 |
7,67,702 |
41 Foreign |
3,13,278 |
8,51,783 |
9,37,756 |
42 Indian |
33,36,429 |
37,26,246 |
40,58,875 |
(a) Government/ semi-Government securities |
29,882 |
21,231 |
16,478 |
(b) Securities of Financial Institutions |
6,64,205 |
10,80,047 |
9,04,286 |
(c) Industrial securities |
2,84,896 |
3,60,561 |
4,78,976 |
(d) Shares and debentures of subsidiaries |
22,50,602 |
21,01,231 |
23,95,146 |
(e) Others |
1,06,844 |
1,63,177 |
2,63,989 |
M. 43 Advance of income-tax (net of tax provision) |
- |
- |
- |
N. Other assets |
6,38,938 |
6,52,444 |
12,47,168 |
44 Immovable property |
1,53,155 |
1,80,969 |
2,03,370 |
45 Intangible assets |
4,74,005 |
4,69,331 |
10,43,754 |
46 Miscellaneous non-current assets |
11,778 |
2,144 |
44 |
O. Cash and bank balances |
14,38,350 |
15,30,134 |
19,66,201 |
47 Fixed deposits with banks |
11,47,151 |
11,45,207 |
15,61,309 |
48 Other bank balances |
2,46,721 |
3,49,357 |
3,62,386 |
49 Cash in hand |
44,478 |
35,569 |
42,506 |
50 TOTAL (I to O) |
2,09,88,182 |
2,36,59,058 |
2,76,95,140 |
- : Nil or negligible. |
Statement 5: Sources and Uses of Funds of the Selected 2,072 Large Public Limited Companies, 2009-10 and 2010-11 |
(` Million) |
Sources of Funds |
2009-10 |
2010-11 |
1 |
2 |
3 |
INTERNAL SOURCES |
18,22,550 |
18,04,365 |
A. 1 Paid-up capital |
28,694 |
24,425 |
B. Reserves and Surplus |
11,10,970 |
11,81,244 |
2 Capital reserve |
-5,290 |
11,945 |
3 Investment allowance reserve |
-611 |
882 |
4 Sinking funds |
47,044 |
35,473 |
5 Other reserves |
10,69,828 |
11,32,944 |
C. Provisions |
6,82,885 |
5,98,696 |
6 Depreciation |
5,39,873 |
5,21,813 |
7 Taxation (net of advance of income tax) |
17,026 |
1,115 |
8 Dividends |
1,17,725 |
33,407 |
9 Other current provisions |
4,353 |
47,956 |
10 Non-current provisions |
3,908 |
-5,595 |
EXTERNAL SOURCES |
14,01,576 |
27,72,652 |
D. Paid-up capital |
5,33,752 |
5,79,391 |
11 Net issues |
2,620 |
70,311 |
12 Premium on shares |
5,31,132 |
5,09,080 |
E. 13 Capital receipts |
7,891 |
3,583 |
F. Borrowings |
3,86,965 |
11,14,529 |
14 Debentures |
1,76,038 |
1,08,990 |
15 Loans and advances |
1,75,918 |
10,02,038 |
(a) From banks |
51,694 |
7,83,122 |
(b) From other Indian financial institutions |
14,663 |
-7,093 |
(c) From foreign institutional agencies |
-9,326 |
1,28,920 |
(d) From Government and semi-Government bodies |
1,102 |
7,306 |
(e) From companies |
58,420 |
48,449 |
(f) From others |
59,366 |
41,334 |
16 Deferred payments |
-20,860 |
-17,391 |
17 Public deposits |
55,868 |
20,891 |
G. Trade dues and other current liabilities |
4,72,490 |
10,77,280 |
18 Sundry creditors |
3,23,526 |
6,86,451 |
19 Acceptances |
42,893 |
50,521 |
20 Liabilities to companies |
7,258 |
1,915 |
21 Advances/ deposits from customers, agents, etc. |
84,655 |
1,82,572 |
22 Interest accruded on loans |
-14,775 |
8,725 |
23 Others |
28,933 |
1,47,096 |
H. 24 Miscellaneous non-current liabilities |
477 |
-2,131 |
25 TOTAL |
32,24,129 |
45,77,017 |
Note: This statement is derived from Statement 4. Figures have been adjusted for the changes consequent on amalgamation of companies and for revaluation etc.,wherever necessary. |
Statement 5: Sources and Uses of Funds of the Selected 2,072 Large Public Limited Companies, 2009-10 and 2010-11 (Concld.) |
(` Million) |
Uses of Funds |
2009-10 |
2010-11 |
1 |
2 |
3 |
I. Gross fixed assets |
12,36,566 |
10,99,996 |
26 Land |
63,460 |
49,828 |
27 Buildings |
1,96,376 |
1,82,260 |
28 Plant and machinery |
14,20,869 |
4,13,842 |
29 Capital work-in-progress |
-5,30,337 |
3,73,935 |
30 Furniture, fixtures and office equipments |
27,258 |
85,776 |
31 Others |
58,938 |
-5,645 |
J. Inventories |
3,94,508 |
6,07,444 |
32 Raw materials, components, etc. |
2,04,082 |
2,33,637 |
33 Finished goods |
76,252 |
2,02,500 |
34 Work-in-progress |
91,797 |
1,04,289 |
35 Stores and spares |
1,843 |
33,874 |
36 Others |
20,535 |
33,144 |
K. Loans and advances and other debtor balances |
5,54,299 |
14,20,206 |
37 Sundry debtors |
3,36,262 |
5,71,143 |
38 Loans and advances |
98,196 |
5,37,349 |
a) To subsidiaries and companies under the same management |
45,435 |
2,60,284 |
b) Others |
52,761 |
2,77,065 |
39 Interest accrued on loans and advances |
3,255 |
27,890 |
40 Deposits/ balances with Government/ others |
37,435 |
36,432 |
41 Others |
79,151 |
2,47,391 |
L. 42 Investments |
9,34,984 |
4,18,602 |
M. 43 Other assets |
11,988 |
5,94,712 |
N. 44 Cash and bank balances |
91,784 |
4,36,050 |
45 TOTAL |
32,24,129 |
45,77,017 |
Statement 6: Earnings / Expenditure in Foreign Currencies of Selected 2,072 Large Public Limited Companies, 2008-09 to 2010-11 |
(` Million) |
Item |
2008-09 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
I. |
Expenditure in foreign currencies |
48,06,788 |
53,32,105 |
63,20,729 |
|
(a) Imports (on c.i.f. basis) |
37,90,018 |
43,63,247 |
52,29,810 |
|
of which: i) Raw materials |
30,33,793 |
37,26,485 |
45,05,558 |
|
ii) Capital goods |
4,51,924 |
3,43,688 |
3,33,174 |
|
iii) Stores and spares |
1,37,598 |
1,21,494 |
1,59,987 |
|
(b) Other expenditure in foreign currencies |
10,16,770 |
9,68,858 |
10,90,919 |
II. |
Earnings in foreign currencies |
39,95,205 |
41,96,746 |
50,88,273 |
|
of which: Exports (on f.o.b. basis) |
27,67,298 |
29,56,840 |
37,86,382 |
III. |
Net inflow (+) / outflow (-) in foreign currencies |
-8,11,583 |
-11,35,360 |
-12,32,456 |
Statement 7: Growth Rates of the Select Items of the Select 2,072 Large Public Limited Companies - Sales-wise, 2009-10 and 2010-11 |
(Per cent) |
Sales-Range Item |
Less than `250 million (375) |
`250-500 million (232) |
`500 million - 1 billion (303) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
1 Sales+ |
-4.3 |
-26.6 |
-3.0 |
11.7 |
7.6 |
11.2 |
2 Value of production |
-5.4 |
-20.5 |
-4.2 |
12.3 |
8.5 |
13.7 |
3 Total Income |
11.3 |
-4.2 |
0.1 |
9.5 |
11.6 |
10.6 |
4 Manufacturing expenses |
11.3 |
-2.7 |
1.2 |
9.4 |
6.9 |
18.5 |
5 Remuneration to employees |
-3.5 |
6.7 |
2.5 |
17.5 |
7.3 |
16.8 |
6 PBDIT |
-51.7 |
-45.1 |
-14.8 |
-2.9 |
28.5 |
-3.0 |
7 Depreciation provision |
3.5 |
-1.3 |
5.0 |
6.1 |
4.9 |
14.6 |
8 Gross profits |
57.2 |
-16.9 |
-18.9 |
4.2 |
31.8 |
-4.1 |
9 Interest |
11.4 |
12.2 |
14.4 |
10.2 |
-1.2 |
15.6 |
10 Operating profits |
146.8 |
-42.5 |
-55.0 |
-12.3 |
58.6 |
-14.1 |
11 Non-operating surplus/deficit |
77.3 |
-91.8 |
-37.6 |
288.2 |
301.9 |
-67.4 |
12 Profits before tax |
118.5 |
-58.8 |
-52.7 |
40.7 |
103.6 |
-33.6 |
13 Tax provision |
23.1 |
-16.2 |
22.1 |
-4.7 |
43.4 |
-9.1 |
14 Profits after tax |
246.9 |
-79.1 |
-101.0 |
# |
133.2 |
-40.9 |
15 Dividend paid |
30.2 |
-3.8 |
-3.0 |
5.3 |
27.0 |
15.0 |
16 Profits retained |
437.4 |
-96.2 |
-135.9 |
129.1 |
170.0 |
-49.0 |
17 Gross saving |
76.1 |
-49.7 |
-45.3 |
37.9 |
72.1 |
-26.0 |
(a) Gross value added |
16.5 |
-5.6 |
-2.8 |
11.0 |
16.4 |
6.0 |
(b) Net value added |
19.8 |
-6.5 |
-4.5 |
12.2 |
19.1 |
4.3 |
18 Net worth @ |
24.3 |
14.2 |
2.6 |
4.3 |
17.4 |
10.0 |
19 Total borrowings @ |
13.5 |
12.1 |
13.2 |
13.3 |
8.8 |
17.2 |
Of which, from banks @ |
22.0 |
26.8 |
0.9 |
15.1 |
9.3 |
17.3 |
20 Trade dues and other current liabilities @ |
11.4 |
-2.1 |
14.6 |
9.3 |
2.7 |
13.3 |
21 (a) Gross fixed assets @ |
5.2 |
5.9 |
5.4 |
7.3 |
7.0 |
7.2 |
(b) Net fixed assets @ |
4.5 |
5.7 |
3.5 |
5.6 |
7.1 |
5.8 |
22 Inventories @ |
4.8 |
12.9 |
0.8 |
11.1 |
7.5 |
24.4 |
23 (a) Gross physical assets @ |
5.1 |
7.2 |
4.5 |
8.0 |
7.1 |
10.1 |
(b) Net physical assets @ |
4.6 |
7.6 |
2.8 |
7.1 |
7.2 |
10.3 |
24 (a) Total gross assets @ |
16.6 |
9.8 |
9.0 |
6.6 |
10.5 |
12.1 |
(b) Total net assets @ |
18.4 |
10.5 |
9.1 |
6.1 |
11.5 |
12.6 |
25 Total earnings in foreign currencies |
-18.8 |
-11.9 |
-23.8 |
4.9 |
-17.5 |
-6.5 |
Of which, Exports |
-24.1 |
-26.0 |
-6.9 |
4.6 |
-26.6 |
6.6 |
26 Total expenditure in foreign currencies |
-15.7 |
-19.9 |
-35.1 |
13.9 |
0.2 |
8.3 |
Of which, Imports |
-18.5 |
-20.3 |
-29.7 |
20.8 |
6.2 |
9.7 |
+ Net of ‘rebates and discounts’ and ‘excise duty and cess’. @ Adjusted for revaluation, etc. - Numerator is negative or nil or negligible. # Denominator is negative or nil or negligible. ^ Both numerator and denominator are negative or nil or negligible. Note : 1. Figures in brackets below the sales range represent the number of companies in the sales range. 2. Rates of growth of all the items are adjusted for changes due to amalgamation of companies. |
Statement 7: Growth Rates of the Select Items of the Select 2,072 Large Public Limited Companies - Sales-wise, 2009-10 and 2010-11 (Concld.) |
(Per cent) |
Sales-Range Item |
`1-5 billion (581) |
`5-10 billion (240) |
Above `10 billion (341) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
8 |
9 |
10 |
11 |
12 |
13 |
1 Sales+ |
9.9 |
17.9 |
10.7 |
18.8 |
14.5 |
23.8 |
2 Value of production |
9.2 |
20.0 |
9.3 |
21.2 |
14.8 |
24.0 |
3 Total Income |
9.9 |
21.0 |
8.8 |
21.1 |
14.4 |
22.8 |
4 Manufacturing expenses |
9.0 |
24.3 |
9.4 |
24.2 |
15.8 |
27.3 |
5 Remuneration to employees |
7.0 |
17.7 |
13.4 |
22.0 |
3.1 |
19.6 |
6 PBDIT |
42.6 |
2.7 |
18.2 |
9.1 |
34.7 |
18.5 |
7 Depreciation provision |
11.0 |
15.0 |
17.2 |
16.5 |
24.7 |
17.9 |
8 Gross profits |
39.9 |
14.3 |
10.5 |
6.3 |
32.8 |
11.8 |
9 Interest |
7.2 |
20.6 |
13.9 |
25.4 |
13.4 |
10.1 |
10 Operating profits |
66.2 |
11.0 |
8.8 |
-3.7 |
37.4 |
12.2 |
11 Non-operating surplus/deficit |
81.7 |
50.8 |
-3.0 |
179.7 |
-51.4 |
41.4 |
12 Profits before tax |
67.5 |
14.7 |
8.3 |
3.2 |
30.0 |
13.1 |
13 Tax provision |
30.8 |
16.8 |
18.5 |
20.8 |
43.1 |
13.1 |
14 Profits after tax |
89.5 |
13.8 |
4.6 |
-4.0 |
26.2 |
13.0 |
15 Dividend paid |
36.8 |
20.9 |
3.7 |
19.0 |
49.2 |
17.9 |
16 Profits retained |
120.5 |
12.5 |
7.1 |
-11.0 |
20.7 |
10.6 |
17 Gross saving |
50.2 |
13.7 |
11.6 |
1.9 |
22.1 |
13.2 |
(a) Gross value added |
22.1 |
14.5 |
14.5 |
12.5 |
23.9 |
14.2 |
(b) Net value added |
24.6 |
14.5 |
14.0 |
11.7 |
23.7 |
13.5 |
18 Net worth @ |
16.5 |
17.8 |
17.4 |
14.3 |
18.7 |
16.8 |
19 Total borrowings @ |
9.4 |
13.3 |
14.4 |
20.4 |
3.7 |
14.7 |
Of which, from banks @ |
6.9 |
18.3 |
14.7 |
24.0 |
-1.6 |
16.4 |
20 Trade dues and other current liabilities @ |
8.9 |
17.5 |
16.5 |
27.7 |
11.7 |
25.0 |
21 (a) Gross fixed assets @ |
8.4 |
8.9 |
14.1 |
12.8 |
10.7 |
8.1 |
(b) Net fixed assets @ |
6.7 |
6.8 |
12.9 |
11.4 |
8.2 |
5.9 |
22 Inventories @ |
9.9 |
25.7 |
16.9 |
23.9 |
19.8 |
23.0 |
23 (a) Gross physical assets @ |
8.7 |
11.9 |
14.8 |
15.8 |
12.0 |
10.4 |
(b) Net physical assets @ |
7.5 |
11.5 |
14.3 |
15.7 |
10.4 |
9.4 |
24 (a) Total gross assets @ |
12.7 |
15.3 |
15.8 |
18.8 |
13.1 |
16.8 |
(b) Total net assets @ |
12.9 |
15.7 |
15.6 |
19.2 |
12.5 |
17.4 |
25 Total earnings in foreign currencies |
0.8 |
13.8 |
-5.4 |
19.6 |
6.7 |
22.3 |
Of which, Exports |
0.1 |
17.9 |
-8.1 |
25.8 |
9.4 |
29.4 |
26 Total expenditure in foreign currencies |
-1.5 |
14.8 |
2.6 |
28.0 |
12.2 |
18.4 |
Of which, Imports |
-2.3 |
18.1 |
0.2 |
30.8 |
17.1 |
19.5 |
Statement 8: Select Financial Ratios of the Select 2,072 Large Public Limited Companies - Sales-wise, 2008-09 to 2010-11 |
(Per cent) |
Sales-range Item |
Less than `250 million (375) |
`250-500 million (232) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
A. |
Capital structure ratios |
|
|
|
|
|
|
|
1 Net fixed assets to total net assets |
34.7 |
30.6 |
29.3 |
26.7 |
25.3 |
25.3 |
|
2 Net worth to total net assets |
44.9 |
47.1 |
48.7 |
37.4 |
35.2 |
34.7 |
|
3 Debt to equity |
30.2 |
30.2 |
28.2 |
33.2 |
37.5 |
39.1 |
|
4 Debt to equity (equity adjusted for revaluation reserve) |
31.9 |
31.4 |
29.4 |
34.1 |
38.4 |
40.1 |
|
5 Short term bank borrowings to inventories |
85.2 |
91.1 |
94.6 |
134.4 |
121.1 |
137.9 |
|
6 Total outside liabilities to net worth |
122.8 |
112.2 |
105.1 |
167.2 |
183.9 |
188.3 |
B. |
Liquidity ratios |
|
|
|
|
|
|
|
7 Current assets to current liabilities * |
1.2 |
1.4 |
1.5 |
1.2 |
1.2 |
1.2 |
|
8 Quick assets to current liabilities |
57.9 |
76.0 |
80.1 |
55.4 |
62.5 |
57.1 |
|
9 Current assets to total net assets |
50.4 |
54.3 |
55.4 |
59.7 |
60.6 |
62.7 |
|
10 Sundry Creditors to current assets |
25.3 |
19.7 |
18.1 |
22.3 |
23.5 |
25.0 |
|
11 Sundry Creditors to net working capital |
139.9 |
67.2 |
55.5 |
136.0 |
120.0 |
140.2 |
C. |
Assets utilisation and turnover ratios |
|
|
|
|
|
|
|
12 Sales to total net assets |
38.5 |
31.1 |
20.7 |
38.1 |
33.9 |
35.6 |
|
13 Sales to gross fixed assets |
72.2 |
65.7 |
45.5 |
90.6 |
83.4 |
86.5 |
|
14 Inventories to sales |
31.8 |
34.8 |
53.6 |
26.0 |
27.0 |
26.8 |
|
15 Sundry debtors to sales |
42.8 |
51.9 |
77.0 |
50.9 |
61.7 |
56.1 |
|
16 Exports to sales |
10.1 |
8.0 |
8.0 |
14.1 |
13.5 |
12.6 |
|
17 Gross value added to gross fixed assets |
23.0 |
25.5 |
22.7 |
31.8 |
29.4 |
30.3 |
|
18 Raw materials consumed to value of production |
49.3 |
55.9 |
50.9 |
63.6 |
70.1 |
69.3 |
D. |
Sources and uses of funds ratios @ |
|
|
|
|
|
|
|
19 Gross fixed assets formation to total uses of funds |
|
14.2 |
24.2 |
|
21.8 |
42.2 |
|
20 Gross capital formation to total uses of funds |
|
17.2 |
36.3 |
|
22.6 |
56.6 |
|
21 External sources of funds to total sources of funds |
|
73.5 |
91.9 |
|
88.4 |
112.2 |
|
22 Increase in bank borrowings to total external sources |
|
24.4 |
41.9 |
|
2.0 |
38.2 |
|
23 Gross savings to gross capital formation |
|
156.8 |
53.8 |
|
87.7 |
65.0 |
E. |
Profitability and profit allocation ratios |
|
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
3.8 |
5.1 |
3.8 |
5.5 |
4.1 |
4.0 |
|
25 Gross profit (PBIT) to sales |
10.0 |
16.4 |
18.6 |
14.5 |
12.1 |
11.3 |
|
26 Profit after tax to net worth |
2.1 |
5.8 |
1.1 |
5.0 |
-0.1 |
1.6 |
|
27 PBDIT to sales |
-28.4 |
-45.0 |
-89.0 |
-49.4 |
-58.5 |
-53.9 |
|
28 Tax provision to profit before tax** |
22.4 |
22.0 |
24.2 |
23.2 |
33.1 |
27.9 |
|
29 Profit retained to profit after tax** |
89.8 |
90.2 |
86.7 |
87.7 |
84.5 |
86.2 |
|
30 Dividends to net worth |
0.9 |
0.9 |
0.8 |
1.3 |
1.2 |
1.2 |
|
31 Ordinary dividends to ordinary paid-up capital |
1.8 |
2.1 |
1.9 |
4.3 |
4.1 |
4.2 |
* Item B.7 is the actual ratio of current assets to current liabilities. ** Calculated based on companies which made profit in the year. Note : 1. Figures in brackets below the sales range represent the number of companies in the sale range. 2. For footnotes, please refer to Statement 7. |
Statement 8: Select Financial Ratios of the Select 2,072 Large Public Limited Companies - Sales-wise, 2008-09 to 2010-11 (Contd.) |
(Per cent) |
Sales-range Item |
`500 million-1 billion (303) |
`1-5 billion (581) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
8 |
9 |
10 |
11 |
12 |
13 |
A. |
Capital structure ratios |
|
|
|
|
|
|
|
1 Net fixed assets to total net assets |
40.4 |
38.8 |
36.5 |
38.5 |
36.4 |
33.8 |
|
2 Net worth to total net assets |
43.7 |
46.0 |
44.9 |
42.9 |
44.3 |
45.2 |
|
3 Debt to equity |
50.0 |
46.3 |
45.2 |
50.8 |
45.8 |
40.2 |
|
4 Debt to equity (equity adjusted for revaluation reserve) |
51.7 |
47.5 |
46.3 |
52.7 |
47.3 |
41.5 |
|
5 Short term bank borrowings to inventories |
72.3 |
68.1 |
73.0 |
83.4 |
81.0 |
84.1 |
|
6 Total outside liabilities to net worth |
128.8 |
117.4 |
122.7 |
133.2 |
125.9 |
121.1 |
B. |
Liquidity ratios |
|
|
|
|
|
|
|
7 Current assets to current liabilities * |
1.4 |
1.5 |
1.5 |
1.3 |
1.3 |
1.4 |
|
8 Quick assets to current liabilities |
64.3 |
72.4 |
73.5 |
61.1 |
63.0 |
62.2 |
|
9 Current assets to total net assets |
46.4 |
47.2 |
50.6 |
46.9 |
47.3 |
51.1 |
|
10 Sundry Creditors to current assets |
21.7 |
22.4 |
22.0 |
22.6 |
22.3 |
21.1 |
|
11 Sundry Creditors to net working capital |
82.0 |
71.9 |
69.2 |
89.7 |
87.0 |
72.9 |
C. |
Assets utilisation and turnover ratios |
|
|
|
|
|
|
|
12 Sales to total net assets |
67.1 |
64.8 |
64.0 |
65.6 |
63.6 |
64.7 |
|
13 Sales to gross fixed assets |
104.2 |
104.8 |
108.8 |
115.7 |
116.9 |
126.4 |
|
14 Inventories to sales |
18.8 |
18.7 |
21.0 |
18.9 |
18.9 |
20.1 |
|
15 Sundry debtors to sales |
23.8 |
24.7 |
27.0 |
20.9 |
22.1 |
22.2 |
|
16 Exports to sales |
19.6 |
13.4 |
12.8 |
15.2 |
13.8 |
13.8 |
|
17 Gross value added to gross fixed assets |
25.5 |
27.8 |
27.5 |
26.2 |
29.5 |
30.9 |
|
18 Raw materials consumed to value of production |
48.1 |
48.4 |
51.2 |
53.0 |
52.0 |
54.8 |
D. |
Sources and uses of funds ratios @ |
|
|
|
|
|
|
|
19 Gross fixed assets formation to total uses of funds |
|
34.4 |
30.1 |
|
31.7 |
26.8 |
|
20 Gross capital formation to total uses of funds |
|
41.6 |
50.2 |
|
39.9 |
43.9 |
|
21 External sources of funds to total sources of funds |
|
44.1 |
69.7 |
|
55.9 |
65.9 |
|
22 Increase in bank borrowings to total external sources |
|
33.9 |
34.6 |
|
18.8 |
33.5 |
|
23 Gross savings to gross capital formation |
|
164.1 |
79.7 |
|
105.9 |
80.4 |
E. |
Profitability and profit allocation ratios |
|
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
6.1 |
7.3 |
6.2 |
6.2 |
7.6 |
7.5 |
|
25 Gross profit (PBIT) to sales |
9.1 |
11.2 |
9.7 |
9.4 |
12.0 |
11.6 |
|
26 Profit after tax to net worth |
6.4 |
12.7 |
6.8 |
5.5 |
8.9 |
8.5 |
|
27 PBDIT to sales |
10.7 |
12.7 |
11.1 |
7.7 |
10.0 |
8.7 |
|
28 Tax provision to profit before tax** |
22.8 |
20.3 |
23.9 |
24.2 |
25.0 |
24.8 |
|
29 Profit retained to profit after tax** |
85.8 |
89.6 |
84.0 |
81.2 |
80.1 |
79.9 |
|
30 Dividends to net worth |
1.4 |
1.5 |
1.5 |
1.7 |
2.0 |
2.0 |
|
31 Ordinary dividends to ordinary paid-up capital |
4.1 |
5.0 |
5.4 |
9.6 |
11.6 |
12.9 |
Statement 8: Select Financial Ratios of the Select 2,072 Large Public Limited Companies - Sales-wise, 2008-09 to 2010-11 (Concld.) |
(Per cent) |
Sales-range Item |
`5-10 billion (240) |
Above `10 billion (341) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
14 |
15 |
16 |
17 |
18 |
19 |
A. |
Capital structure ratios |
|
|
|
|
|
|
|
1 Net fixed assets to total net assets |
37.3 |
36.4 |
34.0 |
40.4 |
38.8 |
34.9 |
|
2 Net worth to total net assets |
39.5 |
40.1 |
38.5 |
44.5 |
46.9 |
46.6 |
|
3 Debt to equity |
61.4 |
61.9 |
64.9 |
39.9 |
39.0 |
36.0 |
|
4 Debt to equity (equity adjusted for revaluation reserve) |
63.6 |
64.3 |
67.2 |
41.2 |
40.0 |
36.7 |
|
5 Short term bank borrowings to inventories |
59.7 |
53.1 |
54.0 |
136.1 |
96.1 |
100.3 |
|
6 Total outside liabilities to net worth |
153.0 |
149.2 |
159.9 |
124.7 |
113.4 |
114.8 |
B. |
Liquidity ratios |
|
|
|
|
|
|
|
7 Current assets to current liabilities * |
1.5 |
1.6 |
1.5 |
1.1 |
1.2 |
1.2 |
|
8 Quick assets to current liabilities |
55.4 |
60.4 |
55.2 |
49.5 |
54.1 |
55.8 |
|
9 Current assets to total net assets |
53.2 |
54.3 |
55.4 |
39.9 |
40.1 |
43.5 |
|
10 Sundry Creditors to current assets |
19.8 |
20.2 |
20.6 |
29.0 |
29.0 |
28.9 |
|
11 Sundry Croreeditors to net working capital |
61.0 |
56.2 |
60.0 |
463.5 |
208.2 |
178.1 |
C. |
Assets utilisation and turnover ratios |
|
|
|
|
|
|
|
12 Sales to total net assets |
71.9 |
68.9 |
68.6 |
69.2 |
70.5 |
74.5 |
|
13 Sales to gross fixed assets |
138.3 |
134.2 |
141.3 |
123.7 |
127.7 |
146.2 |
|
14 Inventories to sales |
26.1 |
27.6 |
28.8 |
13.6 |
14.2 |
14.1 |
|
15 Sundry debtors to sales |
19.2 |
19.9 |
20.5 |
12.8 |
13.0 |
13.2 |
|
16 Exports to sales |
15.4 |
12.8 |
13.5 |
20.2 |
19.3 |
20.2 |
|
17 Gross value added to gross fixed assets |
30.4 |
30.5 |
30.4 |
30.2 |
33.8 |
35.7 |
|
18 Raw materials consumed to value of production |
55.0 |
54.4 |
56.9 |
50.9 |
52.3 |
54.7 |
D. |
Sources and uses of funds ratios @ |
|
|
|
|
|
|
|
19 Gross fixed assets formation to total uses of funds |
|
40.5 |
30.4 |
|
39.3 |
22.8 |
|
20 Gross capital formation to total uses of funds |
|
58.0 |
51.4 |
|
51.6 |
34.6 |
|
21 External sources of funds to total sources of funds |
|
60.2 |
74.4 |
|
39.1 |
57.8 |
|
22 Increase in bank borrowings to total external sources |
|
33.0 |
36.3 |
|
-5.6 |
26.0 |
|
23 Gross savings to gross capital formation |
|
59.9 |
49.9 |
|
116.2 |
135.5 |
E. |
Profitability and profit allocation ratios |
|
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
8.3 |
7.9 |
7.1 |
9.3 |
11.0 |
10.5 |
|
25 Gross profit (PBIT) to sales |
11.5 |
11.5 |
10.3 |
13.4 |
15.6 |
14.1 |
|
26 Profit after tax to net worth |
10.7 |
9.5 |
8.0 |
14.3 |
15.2 |
14.8 |
|
27 PBDIT to sales |
10.5 |
11.2 |
10.3 |
12.7 |
15.0 |
14.4 |
|
28 Tax provision to profit before tax** |
21.9 |
23.9 |
25.3 |
20.9 |
23.9 |
24.2 |
|
29 Profit retained to profit after tax** |
80.8 |
81.8 |
80.6 |
79.1 |
74.4 |
72.4 |
|
30 Dividends to net worth |
2.5 |
2.2 |
2.3 |
3.0 |
3.8 |
3.9 |
|
31 Ordinary dividends to ordinary paid-up capital |
17.2 |
16.1 |
17.8 |
57.5 |
77.7 |
84.1 |
Statement 9: Growth Rates of the Select Items of the Select 2,072 Large Public Limited Companies - Paid-up Capital-wise, 2009-10 and 2010-11 |
(Per cent) |
PUC-range Item |
`10-20 million (97) |
`20-50 million (333) |
`50-100 million (391) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
1 Sales $ |
7.4 |
28.4 |
8.6 |
20.3 |
11.3 |
24.2 |
2 Value of production |
9.8 |
30.7 |
7.1 |
23.6 |
10.8 |
26.1 |
3 Total Income |
12.3 |
29.2 |
8.9 |
23.9 |
10.5 |
25.7 |
4 Manufacturing Expenses |
5.8 |
23.6 |
4.5 |
27.6 |
11.1 |
31.7 |
5 Remuneration to employees |
7.9 |
22.3 |
10.6 |
17.9 |
8.2 |
15.7 |
6 PBDIT |
46.4 |
54.7 |
36.1 |
12.3 |
30.8 |
9.1 |
7 Depreciation provision |
24.4 |
14.8 |
14.1 |
8.9 |
8.5 |
12.5 |
8 Gross profit (PBIT) |
48.9 |
48.7 |
39.4 |
15.0 |
24.8 |
6.8 |
9 Interest |
2.8 |
10.9 |
-7.0 |
7.7 |
-0.2 |
20.9 |
10 Profit before tax and non-operating surplus/deficit |
53.8 |
51.4 |
68.7 |
17.5 |
36.3 |
2.0 |
11 Non-operating surplus / deficit |
# |
-27.4 |
294.3 |
53.5 |
302.7 |
97.2 |
12 Profit Before Tax |
60.4 |
47.8 |
93.3 |
25.5 |
41.9 |
4.2 |
13 Tax provision |
33.6 |
42.9 |
65.0 |
17.7 |
29.8 |
1.8 |
14 Profit After Tax |
77.2 |
50.2 |
108.6 |
28.8 |
48.1 |
5.3 |
15 Dividend paid |
-91.5 |
71.2 |
26.8 |
39.1 |
-12.5 |
14.5 |
16 Profit retained |
443.6 |
49.5 |
135.1 |
27.7 |
73.3 |
3.8 |
17 Gross saving |
262.2 |
44.3 |
71.6 |
21.1 |
40.6 |
7.2 |
18 (a) Gross value added |
32.5 |
36.8 |
22.6 |
15.0 |
16.9 |
10.9 |
(b) Net value added |
33.2 |
38.5 |
24.1 |
16.0 |
18.2 |
10.7 |
19 Net worth @ |
49.9 |
51.6 |
18.2 |
18.3 |
15.4 |
11.8 |
20 Total borrowings @ |
-16.8 |
15.8 |
-4.9 |
21.2 |
7.7 |
21.4 |
of which, from banks @ |
-25.4 |
12.9 |
-5.2 |
30.2 |
6.4 |
26.0 |
21 Trade dues and other current liabilities @ |
8.2 |
24.3 |
11.4 |
18.5 |
8.0 |
37.9 |
22 (a) Gross fixed assets @ |
13.1 |
15.2 |
5.4 |
12.7 |
7.1 |
10.0 |
(b) Net fixed assets @ |
13.8 |
17.6 |
1.5 |
14.3 |
4.0 |
8.8 |
23 Inventories @ |
11.5 |
39.0 |
2.0 |
30.9 |
11.4 |
27.8 |
24 (a) Gross physical assets @ |
12.7 |
20.3 |
4.5 |
17.3 |
8.3 |
14.8 |
(b) Net physical assets @ |
13.1 |
24.1 |
1.7 |
20.5 |
6.7 |
16.0 |
25 (a) Total gross assets @ |
16.9 |
33.3 |
8.7 |
17.4 |
10.6 |
19.4 |
(b)Total net assets @ |
17.8 |
37.2 |
8.2 |
19.1 |
10.2 |
20.9 |
26 Total earnings in foreign currencies |
10.3 |
36.5 |
-0.4 |
17.5 |
-14.4 |
10.3 |
of which, Exports |
14.1 |
41.3 |
-0.2 |
18.1 |
-15.9 |
26.3 |
27 Total expenditure in foreign currencies |
23.6 |
19.8 |
3.9 |
30.4 |
-8.7 |
23.6 |
of which, Imports |
29.5 |
14.9 |
4.8 |
29.1 |
-6.9 |
30.7 |
#: Denominator is negative or nil or negligible. Note : 1. Figures in brackets below the PUC range represent the number of companies in the PUC range. 2. Rates of growth of all the items are adjusted for changes due to amalgamation of companies. 3. For footnotes, please refer to Statement 7. |
Statement 9: Growth Rates of the Select Items of the Select 2,072 Large Public Limited Companies - Paid-up Capital-wise, 2009-10 and 2010-11 (Concld.) |
(Per cent) |
PUC-range Item |
`100-250 million (592) |
`250-500 million (292) |
`500 million- 1 billion (193) |
Above `1 billion (174) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
1 Sales $ |
13.7 |
21.4 |
13.2 |
22.6 |
9.0 |
22.1 |
15.1 |
22.7 |
2 Value of production |
13.3 |
23.2 |
13.5 |
24.3 |
8.8 |
23.5 |
15.4 |
22.3 |
3 Total Income |
12.6 |
22.7 |
12.9 |
23.9 |
8.7 |
18.1 |
15.4 |
22.2 |
4 Manufacturing Expenses |
12.4 |
26.0 |
12.7 |
28.7 |
6.1 |
23.6 |
18.8 |
26.0 |
5 Remuneration to employees |
11.9 |
25.8 |
7.6 |
19.6 |
7.7 |
15.6 |
0.8 |
19.3 |
6 PBDIT |
40.3 |
12.6 |
46.9 |
2.9 |
121.5 |
58.1 |
25.6 |
14.7 |
7 Depreciation provision |
16.7 |
11.5 |
14.6 |
18.7 |
12.6 |
11.3 |
27.8 |
19.6 |
8 Gross profit (PBIT) |
28.2 |
11.3 |
40.5 |
3.6 |
45.6 |
11.5 |
27.2 |
12.7 |
9 Interest |
11.4 |
14.8 |
9.4 |
18.6 |
16.9 |
14.0 |
13.8 |
11.3 |
10 Profit before tax and non-operating surplus/deficit |
34.9 |
10.2 |
50.8 |
0.0 |
57.7 |
10.7 |
30.3 |
13.0 |
11 Non-operating surplus / deficit |
183.2 |
6.0 |
-106.2 |
# |
-4.2 |
-84.1 |
-50.3 |
87.9 |
12 Profit Before Tax |
37.8 |
10.0 |
39.6 |
2.7 |
49.6 |
2.8 |
23.3 |
15.6 |
13 Tax provision |
30.6 |
19.5 |
30.1 |
8.7 |
36.9 |
6.6 |
44.9 |
15.1 |
14 Profit After Tax |
40.8 |
6.4 |
42.9 |
0.7 |
54.8 |
1.5 |
17.6 |
15.8 |
15 Dividend paid |
32.0 |
25.4 |
100.5 |
31.6 |
28.6 |
19.0 |
46.8 |
14.6 |
16 Profit retained |
45.3 |
2.4 |
32.1 |
-14.0 |
64.9 |
-3.3 |
9.8 |
15.5 |
17 Gross saving |
33.1 |
5.8 |
24.7 |
-1.2 |
42.0 |
1.8 |
16.0 |
17.1 |
18 (a) Gross value added |
21.0 |
15.9 |
27.4 |
10.1 |
25.6 |
12.3 |
21.6 |
14.6 |
(b) Net value added |
21.7 |
16.6 |
30.0 |
8.5 |
28.2 |
12.5 |
20.5 |
13.7 |
19 Net worth @ |
17.1 |
15.7 |
21.2 |
15.0 |
17.8 |
17.4 |
18.1 |
16.6 |
20 Total borrowings @ |
7.8 |
16.7 |
16.9 |
21.8 |
7.1 |
18.1 |
2.6 |
12.0 |
of which, from banks @ |
8.0 |
19.9 |
16.3 |
20.2 |
3.4 |
21.8 |
-4.3 |
14.2 |
21 Trade dues and other current liabilities @ |
18.8 |
18.7 |
14.0 |
26.3 |
7.6 |
28.9 |
11.5 |
22.5 |
22 (a) Gross fixed assets @ |
10.5 |
11.7 |
15.9 |
16.7 |
7.3 |
13.6 |
10.7 |
5.0 |
(b) Net fixed assets @ |
8.5 |
10.5 |
16.1 |
16.0 |
6.5 |
13.0 |
7.6 |
2.0 |
23 Inventories @ |
14.4 |
28.7 |
20.9 |
29.2 |
11.5 |
34.4 |
22.0 |
14.6 |
24 (a) Gross physical assets @ |
11.4 |
15.6 |
16.9 |
19.4 |
8.1 |
17.6 |
12.1 |
6.2 |
(b) Net physical assets @ |
10.2 |
16.1 |
17.4 |
19.6 |
7.7 |
18.4 |
9.9 |
4.3 |
25 (a) Total gross assets @ |
14.1 |
16.2 |
18.2 |
19.1 |
11.6 |
18.7 |
12.8 |
15.5 |
(b)Total net assets @ |
14.0 |
16.6 |
18.7 |
19.2 |
12.0 |
19.3 |
11.9 |
16.0 |
26 Total earnings in foreign currencies |
9.8 |
12.5 |
8.8 |
16.5 |
-3.5 |
18.4 |
6.6 |
24.4 |
of which, Exports |
10.6 |
16.2 |
13.3 |
19.5 |
2.6 |
29.4 |
7.3 |
32.3 |
27 Total expenditure in foreign currencies |
4.7 |
16.0 |
21.2 |
36.2 |
4.0 |
14.7 |
12.2 |
16.4 |
of which, Imports |
2.3 |
19.9 |
24.9 |
25.2 |
6.2 |
21.9 |
17.6 |
18.1 |
Statement 10: Select Financial Ratios of the Select 2,072 Large Public Limited Companies - Paid-up Capital-wise, 2008-09 to 2010-11 |
(Per cent) |
PUC-range Item |
`10-20 million (97) |
`20-50 million (333) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
A. |
Capital structure ratios |
|
|
|
|
|
|
|
1 Net fixed assets to total net assets |
30.6 |
29.5 |
25.3 |
34.0 |
32.4 |
31.0 |
|
2 Net worth to total net assets |
43.7 |
55.6 |
61.4 |
37.8 |
41.7 |
41.4 |
|
3 Debt to equity |
19.9 |
11.2 |
8.2 |
38.5 |
33.4 |
29.4 |
|
4 Debt to equity (equity adjusted for revaluation reserve) |
21.8 |
11.9 |
8.7 |
40.8 |
35.6 |
31.0 |
|
5 Short term bank borrowings to inventories |
96.9 |
61.6 |
53.4 |
77.0 |
62.8 |
71.1 |
|
6 Total outside liabilities to net worth |
129.0 |
80.0 |
62.9 |
164.6 |
139.9 |
141.8 |
B. |
Liquidity ratios |
|
|
|
|
|
|
|
7 Current assets to current liabilities * |
1.4 |
1.7 |
2.1 |
1.2 |
1.3 |
1.3 |
|
8 Quick assets to current liabilities |
78.5 |
108.7 |
136.6 |
55.3 |
59.7 |
55.6 |
|
9 Current assets to total net assets |
63.8 |
64.8 |
68.9 |
58.9 |
57.7 |
58.9 |
|
10 Sundry creditors to current assets |
26.4 |
25.6 |
20.5 |
27.4 |
27.9 |
27.7 |
|
11 Sundry creditors to net working capital |
101.2 |
61.5 |
39.7 |
137.8 |
117.2 |
124.5 |
C. |
Assets utilisation and turnover ratios |
|
|
|
|
|
|
|
12 Sales to total net assets |
112.8 |
102.9 |
96.3 |
122.8 |
122.4 |
123.6 |
|
13 Sales to gross fixed assets |
227.7 |
216.3 |
241.0 |
208.7 |
212.3 |
226.7 |
|
14 Inventories to sales |
12.2 |
12.6 |
13.7 |
17.0 |
16.0 |
17.4 |
|
15 Sundry debtors to sales |
19.7 |
17.6 |
19.2 |
16.0 |
15.4 |
15.5 |
|
16 Exports to sales |
32.7 |
34.8 |
38.3 |
15.8 |
14.5 |
14.2 |
|
17 Gross value added to gross fixed assets |
68.2 |
79.9 |
94.9 |
33.7 |
38.7 |
39.5 |
|
18 Raw materials consumed to value of production |
38.5 |
39.7 |
37.9 |
65.5 |
64.0 |
66.8 |
D. |
Sources and uses of funds ratios @ |
|
|
|
|
|
|
|
19 Gross fixed assets formation to total uses of funds |
|
32.2 |
18.5 |
|
29.3 |
33.5 |
|
20 Gross capital formation to total uses of funds |
|
40.1 |
31.4 |
|
33.1 |
61.1 |
|
21 External sources of funds to total sources of funds |
|
-5.3 |
22.5 |
|
13.9 |
52.3 |
|
22 Increase in bank borrowings to total external sources |
|
456.2 |
17.6 |
|
-85.5 |
57.0 |
|
23 Gross savings to gross capital formation |
|
267.3 |
214.3 |
|
270.1 |
81.2 |
E. |
Profitability and profit allocation ratios |
|
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
19.2 |
24.3 |
26.3 |
7.9 |
10.2 |
9.8 |
|
25 Gross profit (PBIT) to sales |
17.0 |
23.6 |
27.3 |
6.5 |
8.3 |
7.9 |
|
26 Profit after tax to net worth |
24.5 |
29.0 |
28.8 |
9.4 |
16.3 |
17.7 |
|
27 PBDIT to sales |
14.7 |
20.1 |
24.2 |
6.4 |
8.0 |
7.5 |
|
28 Tax provision to profit before tax** |
37.3 |
31.2 |
30.6 |
31.8 |
28.2 |
27.1 |
|
29 Profit retained to profit after tax** |
34.7 |
96.7 |
96.2 |
79.4 |
87.0 |
85.8 |
|
30 Dividends to net worth |
16.7 |
1.0 |
1.1 |
2.0 |
2.1 |
2.4 |
|
31 Ordinary dividends to ordinary paid-up capital |
214.8 |
17.8 |
30.0 |
16.9 |
21.4 |
29.7 |
* : Item B.7 is the actual ratio of current assets to current liabilties. ** : Calculated based on Companies which made profit in all the three years during 2008-09 to 2010-11. #: Denominator is negative or nil or negligible. Note : 1. Figures in brackets below the PUC range represent the number of companies in the PUC range. 2. For footnotes, please refer to Statement 7. |
Statement 10: Select Financial Ratios of the Select 2,072 Large Public Limited Companies - Paid-up Capital-wise, 2008-09 to 2010-11 (Contd.) |
(Per cent) |
PUC-range Item |
`50-100 million (391) |
`100-250 million (592) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
8 |
9 |
10 |
11 |
12 |
13 |
A. |
Capital structure ratios |
|
|
|
|
|
|
|
1 Net fixed assets to total net assets |
33.0 |
31.1 |
28.0 |
38.4 |
36.7 |
34.8 |
|
2 Net worth to total net assets |
39.1 |
40.9 |
37.8 |
41.1 |
42.3 |
42.0 |
|
3 Debt to equity |
38.8 |
32.1 |
32.9 |
45.8 |
41.5 |
39.8 |
|
4 Debt to equity (equity adjusted for revaluation reserve) |
39.7 |
32.8 |
33.5 |
46.5 |
42.1 |
40.2 |
|
5 Short term bank borrowings to inventories |
73.8 |
77.4 |
78.0 |
80.6 |
75.7 |
75.2 |
|
6 Total outside liabilities to net worth |
155.9 |
144.7 |
164.3 |
143.5 |
136.4 |
138.2 |
B. |
Liquidity ratios |
|
|
|
|
|
|
|
7 Current assets to current liabilities * |
1.3 |
1.3 |
1.3 |
1.3 |
1.4 |
1.4 |
|
8 Quick assets to current liabilities |
65.5 |
64.9 |
64.6 |
66.3 |
68.5 |
67.2 |
|
9 Current assets to total net assets |
60.5 |
61.2 |
65.0 |
53.5 |
55.0 |
57.2 |
|
10 Sundry creditors to current assets |
24.2 |
25.3 |
27.0 |
23.8 |
24.7 |
24.3 |
|
11 Sundry creditors to net working capital |
97.9 |
100.2 |
112.8 |
92.9 |
89.7 |
86.0 |
C. |
Assets utilisation and turnover ratios |
|
|
|
|
|
|
|
12 Sales to total net assets |
107.4 |
108.5 |
111.3 |
93.0 |
92.6 |
96.4 |
|
13 Sales to gross fixed assets |
203.2 |
211.0 |
238.0 |
164.5 |
168.6 |
183.3 |
|
14 Inventories to sales |
17.6 |
17.6 |
18.1 |
17.6 |
17.8 |
18.8 |
|
15 Sundry debtors to sales |
20.2 |
20.2 |
21.7 |
19.6 |
19.6 |
19.4 |
|
16 Exports to sales |
16.7 |
12.6 |
12.8 |
15.8 |
15.3 |
14.7 |
|
17 Gross value added to gross fixed assets |
41.9 |
45.7 |
46.0 |
35.2 |
38.4 |
39.9 |
|
18 Raw materials consumed to value of production |
54.8 |
54.4 |
59.2 |
57.1 |
56.4 |
58.6 |
D. |
Sources and uses of funds ratios @ |
|
|
|
|
|
|
|
19 Gross fixed assets formation to total uses of funds |
|
29.8 |
22.1 |
|
35.6 |
33.5 |
|
20 Gross capital formation to total uses of funds |
|
46.8 |
44.8 |
|
49.8 |
58.2 |
|
21 External sources of funds to total sources of funds |
|
41.1 |
68.9 |
|
47.1 |
58.0 |
|
22 Increase in bank borrowings to total external sources |
|
28.7 |
36.7 |
|
25.0 |
41.4 |
|
23 Gross savings to gross capital formation |
|
138.5 |
76.4 |
|
110.0 |
75.9 |
E. |
Profitability and profit allocation ratios |
|
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
9.2 |
10.4 |
9.2 |
9.7 |
10.9 |
10.4 |
|
25 Gross profit (PBIT) to sales |
8.5 |
9.6 |
8.2 |
10.4 |
11.7 |
10.8 |
|
26 Profit after tax to net worth |
10.4 |
13.4 |
12.6 |
12.2 |
14.6 |
13.4 |
|
27 PBDIT to sales |
8.6 |
10.1 |
8.9 |
9.7 |
12.0 |
11.1 |
|
28 Tax provision to profit before tax** |
29.5 |
29.9 |
28.3 |
25.8 |
26.1 |
27.5 |
|
29 Profit retained to profit after tax** |
76.2 |
84.1 |
83.6 |
82.2 |
82.6 |
80.8 |
|
30 Dividends to net worth |
2.8 |
2.1 |
2.2 |
2.3 |
2.6 |
2.8 |
|
31 Ordinary dividends to ordinary paid-up capital |
25.2 |
21.7 |
24.7 |
22.1 |
28.2 |
33.4 |
Statement 10: Select Financial Ratios of the Select 2,072 Large Public Limited Companies - Paid-up Capital-wise, 2008-09 to 2010-11 (Contd.) |
(Per cent) |
PUC-range Item |
`250-500 million (292) |
`500 million-1 billion (193) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
14 |
15 |
16 |
17 |
18 |
19 |
A. |
Capital structure ratios |
|
|
|
|
|
|
|
1 Net fixed assets to total net assets |
40.9 |
40.2 |
39.2 |
40.8 |
38.8 |
36.8 |
|
2 Net worth to total net assets |
38.3 |
39.3 |
38.0 |
39.6 |
41.5 |
40.9 |
|
3 Debt to equity |
62.7 |
62.7 |
64.2 |
60.3 |
54.4 |
47.5 |
|
4 Debt to equity (equity adjusted for revaluation reserve) |
63.8 |
64.5 |
66.6 |
64.3 |
57.5 |
49.9 |
|
5 Short term bank borrowings to inventories |
74.6 |
63.7 |
64.1 |
77.5 |
70.8 |
79.2 |
|
6 Total outside liabilities to net worth |
161.1 |
154.6 |
163.1 |
152.8 |
140.8 |
144.7 |
B. |
Liquidity ratios |
|
|
|
|
|
|
|
7 Current assets to current liabilities * |
1.3 |
1.4 |
1.4 |
1.3 |
1.4 |
1.3 |
|
8 Quick assets to current liabilities |
64.9 |
71.2 |
67.8 |
56.1 |
61.9 |
55.3 |
|
9 Current assets to total net assets |
49.4 |
50.1 |
51.4 |
47.4 |
48.9 |
50.7 |
|
10 Sundry creditors to current assets |
25.0 |
23.9 |
24.7 |
26.1 |
25.4 |
25.6 |
|
11 Sundry creditors to net working capital |
103.3 |
83.0 |
90.6 |
111.8 |
92.1 |
114.2 |
C. |
Assets utilisation and turnover ratios |
|
|
|
|
|
|
|
12 Sales to total net assets |
80.0 |
76.0 |
78.1 |
67.5 |
65.7 |
67.2 |
|
13 Sales to gross fixed assets |
139.1 |
135.1 |
141.8 |
118.3 |
120.2 |
129.1 |
|
14 Inventories to sales |
18.5 |
19.7 |
20.8 |
19.4 |
19.8 |
21.8 |
|
15 Sundry debtors to sales |
16.4 |
16.8 |
17.1 |
19.4 |
20.2 |
20.9 |
|
16 Exports to sales |
20.3 |
20.3 |
19.8 |
15.9 |
14.9 |
15.8 |
|
17 Gross value added to gross fixed assets |
28.6 |
31.3 |
29.5 |
27.2 |
31.9 |
31.5 |
|
18 Raw materials consumed to value of production |
60.9 |
60.7 |
63.5 |
51.1 |
50.9 |
52.5 |
D. |
Sources and uses of funds ratios @ |
|
|
|
|
|
|
|
19 Gross fixed assets formation to total uses of funds |
|
43.0 |
42.4 |
|
30.9 |
34.4 |
|
20 Gross capital formation to total uses of funds |
|
57.5 |
62.2 |
|
42.0 |
55.0 |
|
21 External sources of funds to total sources of funds |
|
55.7 |
67.1 |
|
50.7 |
65.3 |
|
22 Increase in bank borrowings to total external sources |
|
34.5 |
33.1 |
|
10.8 |
31.1 |
|
23 Gross savings to gross capital formation |
|
67.7 |
49.7 |
|
146.5 |
63.2 |
E. |
Profitability and profit allocation ratios |
|
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
8.7 |
10.3 |
8.9 |
7.7 |
10.0 |
9.4 |
|
25 Gross profit (PBIT) to sales |
10.9 |
13.6 |
11.5 |
11.4 |
15.3 |
14.0 |
|
26 Profit after tax to net worth |
13.6 |
15.9 |
13.9 |
11.2 |
14.8 |
12.8 |
|
27 PBDIT to sales |
8.4 |
10.9 |
9.1 |
3.9 |
7.9 |
10.2 |
|
28 Tax provision to profit before tax** |
22.6 |
23.4 |
23.6 |
25.7 |
25.5 |
26.6 |
|
29 Profit retained to profit after tax** |
78.4 |
69.5 |
62.7 |
78.3 |
80.1 |
76.4 |
|
30 Dividends to net worth |
2.6 |
4.3 |
4.9 |
2.8 |
3.1 |
3.1 |
|
31 Ordinary dividends to ordinary paid-up capital |
27.6 |
51.0 |
64.6 |
32.8 |
37.5 |
41.3 |
Statement 10: Select Financial Ratios of the Select 2,072 Large Public Limited Companies - Paid-up Capital-wise, 2008-09 to 2010-11 (Concld..) |
(Per cent) |
PUC-range Item |
Above `1 billion (174) |
2008-09 |
2009-10 |
2010-11 |
1 |
20 |
21 |
22 |
A. |
Capital structure ratios |
|
|
|
|
1 Net fixed assets to total net assets |
40.0 |
38.3 |
33.6 |
|
2 Net worth to total net assets |
46.7 |
49.1 |
49.3 |
|
3 Debt to equity |
35.9 |
36.1 |
33.3 |
|
4 Debt to equity (equity adjusted for revaluation reserve) |
37.0 |
36.8 |
33.7 |
|
5 Short term bank borrowings to inventories |
167.5 |
108.5 |
115.8 |
|
6 Total outside liabilities to net worth |
114.3 |
103.7 |
103.0 |
B. |
Liquidity ratios |
|
|
|
|
7 Current assets to current liabilities * |
1.0 |
1.1 |
1.2 |
|
8 Quick assets to current liabilities |
44.1 |
48.2 |
51.9 |
|
9 Current assets to total net assets |
36.4 |
36.2 |
40.1 |
|
10 Sundry creditors to current assets |
28.9 |
29.1 |
28.5 |
|
11 Sundry creditors to net working capital |
# |
319.7 |
192.9 |
C. |
Assets utilisation and turnover ratios |
|
|
|
|
12 Sales to total net assets |
59.9 |
61.7 |
65.4 |
|
13 Sales to gross fixed assets |
109.1 |
113.3 |
132.4 |
|
14 Inventories to sales |
12.8 |
13.6 |
12.7 |
|
15 Sundry debtors to sales |
11.1 |
11.6 |
11.5 |
|
16 Exports to sales |
21.0 |
19.5 |
21.1 |
|
17 Gross value added to gross fixed assets |
29.0 |
31.8 |
34.8 |
|
18 Raw materials consumed to value of production |
47.2 |
49.4 |
51.9 |
D. |
Sources and uses of funds ratios @ |
|
|
|
|
19 Gross fixed assets formation to total uses of funds |
|
39.7 |
15.0 |
|
20 Gross capital formation to total uses of funds |
|
51.2 |
21.9 |
|
21 External sources of funds to total sources of funds |
|
38.8 |
58.0 |
|
22 Increase in bank borrowings to total external sources |
|
-14.6 |
22.6 |
|
23 Gross savings to gross capital formation |
|
111.9 |
225.5 |
E. |
Profitability and profit allocation ratios |
|
|
|
|
24 Gross profit (PBIT) to total net assets |
8.9 |
10.1 |
9.9 |
|
25 Gross profit (PBIT) to sales |
14.9 |
16.4 |
15.1 |
|
26 Profit after tax to net worth |
13.4 |
13.4 |
13.3 |
|
27 PBDIT to sales |
15.3 |
16.7 |
15.6 |
|
28 Tax provision to profit before tax** |
19.0 |
22.9 |
23.3 |
|
29 Profit retained to profit after tax** |
79.9 |
74.0 |
73.2 |
|
30 Dividends to net worth |
2.9 |
3.6 |
3.6 |
|
31 Ordinary dividends to ordinary paid-up capital |
40.7 |
52.7 |
54.8 |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 |
(Per cent) |
Item |
Mining & Quarrying (23) |
Food Products & Beverages (134) |
Sugar (38) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
1 |
Sales $ |
3.9 |
25.9 |
16.4 |
32.0 |
38.5 |
44.3 |
2 |
Value of production |
5.9 |
27.4 |
17.9 |
34.2 |
39.6 |
53.2 |
3 |
Total Income |
6.8 |
25.9 |
17.1 |
34.8 |
35.2 |
56.3 |
4 |
Manufacturing Expenses |
6.9 |
26.8 |
15.3 |
42.8 |
36.4 |
78.9 |
5 |
Remuneration to employees |
9.3 |
20.5 |
15.6 |
18.5 |
9.1 |
23.8 |
6 |
PBDIT |
22.1 |
47.3 |
66.0 |
-10.3 |
162.3 |
-61.8 |
7 |
Depreciation provision |
23.0 |
16.0 |
19.1 |
14.4 |
17.7 |
15.8 |
8 |
Gross profit (PBIT) |
36.7 |
30.6 |
53.6 |
-3.6 |
125.4 |
-44.4 |
9 |
Interest |
24.9 |
8.0 |
14.6 |
22.2 |
10.8 |
18.8 |
10 |
Profit before tax and non-operating surplus/deficit |
43.6 |
42.2 |
84.3 |
-16.3 |
# |
-93.8 |
11 |
Non-operating surplus / deficit |
# |
79.2 |
-27.8 |
202.2 |
-298.1 |
270.3 |
12 |
Profit Before Tax |
38.1 |
48.6 |
75.8 |
-9.4 |
# |
-75.1 |
13 |
Tax provision |
4.3 |
44.2 |
37.3 |
9.8 |
266.9 |
-39.0 |
14 |
Profit After Tax |
62.0 |
50.6 |
99.0 |
-17.4 |
784.7 |
-85.0 |
15 |
Dividend paid |
-32.6 |
23.3 |
27.5 |
15.8 |
160.9 |
-15.0 |
16 |
Profit retained |
135.2 |
56.6 |
183.4 |
-31.8 |
# |
-100.5 |
17 |
Gross saving |
65.4 |
37.8 |
80.4 |
-12.7 |
146.1 |
-44.5 |
18 |
(a) Gross value added |
36.0 |
28.9 |
39.1 |
5.0 |
63.7 |
-18.7 |
|
(b) Net value added |
40.1 |
32.4 |
43.1 |
3.5 |
79.6 |
-26.5 |
19 |
Net worth @ |
23.5 |
36.5 |
28.7 |
10.0 |
28.5 |
4.4 |
20 |
Total borrowings @ |
8.4 |
29.6 |
10.2 |
16.4 |
-2.3 |
16.1 |
|
of which, from banks @ |
11.0 |
22.4 |
14.0 |
20.1 |
-0.4 |
17.8 |
21 |
Trade dues and other current liabilities @ |
40.7 |
3.7 |
39.4 |
24.2 |
75.2 |
18.7 |
22 |
(a) Gross fixed assets @ |
26.7 |
18.9 |
10.4 |
10.8 |
7.2 |
6.2 |
|
(b) Net fixed assets @ |
25.1 |
16.8 |
8.6 |
8.4 |
4.5 |
2.1 |
23 |
Inventories @ |
49.5 |
44.4 |
39.1 |
21.7 |
47.4 |
19.4 |
24 |
(a) Gross physical assets @ |
29.0 |
21.9 |
17.8 |
14.2 |
16.1 |
10.0 |
|
(b) Net physical assets @ |
27.8 |
20.4 |
18.4 |
13.5 |
16.0 |
8.0 |
25 |
(a) Total gross assets @ |
21.8 |
25.1 |
21.9 |
15.5 |
18.3 |
13.1 |
|
(b) Total net assets @ |
20.4 |
24.4 |
22.9 |
15.2 |
18.6 |
12.1 |
26 |
Total earnings in foreign currencies |
-16.6 |
55.3 |
-31.4 |
99.3 |
-81.2 |
# |
|
of which, Exports |
-16.6 |
72.6 |
-31.9 |
96.4 |
-81.8 |
# |
27 |
Total expenditure in foreign currencies |
4.1 |
17.4 |
56.4 |
23.2 |
# |
44.1 |
|
of which, Imports |
5.3 |
17.7 |
65.8 |
22.3 |
# |
40.2 |
#: Denominator is negative or nil or negligible. Note : 1. Figures in brackets below the industry name represent the number of companies in the industry. 2. Rates of growth of all the items are adjusted for changes due to amalgamation of companies. 3. For footnotes, please refer to Statement 7. 4. Industry group ‘Sugar’ is sub-group of ‘Food Products & Beverages’. |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Contd.) |
(Per cent) |
Item |
Cotton Textiles (106) |
Man-made Textiles (21) |
Apparel (25) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
8 |
9 |
10 |
11 |
12 |
13 |
1 |
Sales $ |
19.8 |
33.7 |
17.6 |
29.2 |
13.4 |
0.0 |
2 |
Value of production |
20.3 |
36.8 |
22.8 |
32.1 |
9.3 |
-0.9 |
3 |
Total Income |
18.3 |
36.5 |
22.9 |
30.8 |
9.7 |
-0.4 |
4 |
Manufacturing Expenses |
17.5 |
35.9 |
22.0 |
29.4 |
9.9 |
6.6 |
5 |
Remuneration to employees |
12.3 |
19.5 |
20.0 |
17.7 |
7.9 |
12.0 |
6 |
PBDIT |
86.9 |
54.2 |
79.5 |
64.9 |
52.4 |
-83.4 |
7 |
Depreciation provision |
14.9 |
17.5 |
12.1 |
1.7 |
9.0 |
-2.6 |
8 |
Gross profit (PBIT) |
126.8 |
57.7 |
222.3 |
107.5 |
39.7 |
-73.4 |
9 |
Interest |
6.8 |
24.0 |
-6.0 |
7.8 |
8.8 |
11.8 |
10 |
Profit before tax and non-operating surplus/deficit |
417.3 |
108.9 |
299.8 |
214.7 |
70.7 |
-128.2 |
11 |
Non-operating surplus / deficit |
-146.0 |
204.7 |
2.9 |
-188.1 |
266.6 |
223.4 |
12 |
Profit Before Tax |
# |
147.4 |
# |
140.4 |
94.1 |
-107.2 |
13 |
Tax provision |
110.6 |
99.0 |
171.1 |
176.4 |
28.3 |
-15.0 |
14 |
Profit After Tax |
483.1 |
162.3 |
353.3 |
130.4 |
164.5 |
-155.1 |
15 |
Dividend paid |
90.0 |
62.8 |
145.1 |
189.1 |
19.5 |
39.0 |
16 |
Profit retained |
313.4 |
216.2 |
290.4 |
123.0 |
263.8 |
-198.8 |
17 |
Gross saving |
88.1 |
67.7 |
143.2 |
42.9 |
88.3 |
-120.6 |
18 |
(a) Gross value added |
49.7 |
37.5 |
55.4 |
47.5 |
20.5 |
-29.2 |
|
(b) Net value added |
69.5 |
45.3 |
87.7 |
67.9 |
22.0 |
-32.2 |
19 |
Net worth @ |
18.6 |
21.2 |
14.2 |
30.6 |
13.3 |
-1.6 |
20 |
Total borrowings @ |
12.0 |
12.5 |
6.3 |
9.9 |
9.3 |
15.6 |
|
of which, from banks @ |
10.5 |
15.0 |
4.4 |
11.1 |
16.0 |
10.0 |
21 |
Trade dues and other current liabilities @ |
4.8 |
34.6 |
12.1 |
39.4 |
1.3 |
28.7 |
22 |
(a) Gross fixed assets @ |
9.2 |
11.0 |
4.1 |
10.5 |
8.0 |
8.7 |
|
(b) Net fixed assets @ |
5.8 |
8.2 |
-1.6 |
10.6 |
4.5 |
6.4 |
23 |
Inventories @ |
39.7 |
52.1 |
38.1 |
53.1 |
4.3 |
6.5 |
24 |
(a) Gross physical assets @ |
13.4 |
18.0 |
8.3 |
17.3 |
6.1 |
7.6 |
|
(b) Net physical assets @ |
12.1 |
18.4 |
6.2 |
21.5 |
4.4 |
6.4 |
25 |
(a) Total gross assets @ |
13.8 |
17.1 |
10.1 |
18.7 |
11.7 |
8.7 |
|
(b) Total net assets @ |
12.9 |
17.2 |
9.4 |
22.5 |
11.2 |
8.2 |
26 |
Total earnings in foreign currencies |
23.4 |
38.2 |
26.5 |
53.2 |
5.9 |
-3.7 |
|
of which, Exports |
23.5 |
38.3 |
25.4 |
52.2 |
5.6 |
-3.5 |
27 |
Total expenditure in foreign currencies |
4.7 |
28.0 |
48.2 |
225.4 |
16.6 |
14.5 |
|
of which, Imports |
6.7 |
21.9 |
53.6 |
232.1 |
18.3 |
17.9 |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Contd.) |
(Per cent) |
Item |
Paper and Paper Products (33) |
Chemicals and Chemical Products (298) |
Basic Chemicals (57) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
14 |
15 |
16 |
17 |
18 |
19 |
1 Sales $ |
2.5 |
25.5 |
4.5 |
18.2 |
3.6 |
22.2 |
2 Value of production |
1.9 |
26.2 |
4.1 |
19.9 |
2.3 |
24.7 |
3 Total Income |
0.8 |
26.9 |
4.5 |
19.9 |
0.8 |
23.8 |
4 Manufacturing Expenses |
0.2 |
31.1 |
2.3 |
23.2 |
-0.1 |
28.1 |
5 Remuneration to employees |
8.6 |
23.5 |
11.5 |
16.5 |
6.0 |
17.0 |
6 PBDIT |
7.6 |
10.8 |
42.0 |
14.7 |
32.4 |
17.0 |
7 Depreciation provision |
13.5 |
34.0 |
11.8 |
16.3 |
14.6 |
20.2 |
8 Gross profit (PBIT) |
2.4 |
-3.0 |
37.8 |
20.5 |
2.8 |
13.5 |
9 Interest |
6.2 |
17.0 |
5.2 |
8.5 |
1.3 |
17.8 |
10 Profit before tax and non-operating surplus/deficit |
0.0 |
-16.4 |
46.4 |
22.7 |
3.3 |
12.1 |
11 Non-operating surplus / deficit |
-295.7 |
105.0 |
25.3 |
-74.2 |
238.0 |
-28.5 |
12 Profit Before Tax |
-10.2 |
-2.9 |
45.0 |
17.4 |
13.8 |
10.0 |
13 Tax provision |
-19.1 |
18.1 |
26.1 |
10.6 |
6.9 |
4.6 |
14 Profit After Tax |
-8.1 |
-7.3 |
53.2 |
19.8 |
16.2 |
11.7 |
15 Dividend paid |
4.1 |
12.7 |
19.3 |
22.9 |
22.6 |
9.3 |
16 Profit retained |
-10.2 |
-7.8 |
79.0 |
18.6 |
19.3 |
13.2 |
17 Gross saving |
1.8 |
15.7 |
49.2 |
17.8 |
17.1 |
16.4 |
18 (a) Gross value added |
9.1 |
13.2 |
28.3 |
18.3 |
7.9 |
15.0 |
(b) Net value added |
7.8 |
7.1 |
31.4 |
18.6 |
6.3 |
13.7 |
19 Net worth @ |
11.8 |
13.8 |
17.2 |
17.7 |
9.6 |
10.1 |
20 Total borrowings @ |
7.4 |
0.8 |
-3.5 |
14.2 |
0.8 |
13.1 |
of which, from banks @ |
-9.1 |
6.4 |
-2.3 |
13.5 |
-2.3 |
6.0 |
21 Trade dues and other current liabilities @ |
-3.0 |
36.2 |
5.7 |
15.7 |
13.0 |
23.2 |
22 (a) Gross fixed assets @ |
13.8 |
6.3 |
10.1 |
11.5 |
8.1 |
10.8 |
(b) Net fixed assets @ |
12.9 |
1.8 |
9.3 |
11.2 |
6.5 |
11.5 |
23 Inventories @ |
-0.3 |
28.3 |
7.2 |
28.0 |
-5.4 |
32.3 |
24 (a) Gross physical assets @ |
12.4 |
8.2 |
9.5 |
14.7 |
6.4 |
13.2 |
(b) Net physical assets @ |
11.3 |
4.6 |
8.7 |
15.8 |
4.3 |
15.0 |
25 (a) Total gross assets @ |
8.8 |
11.1 |
8.7 |
15.0 |
8.0 |
12.6 |
(b) Total net assets @ |
7.3 |
9.1 |
8.1 |
15.7 |
7.3 |
13.4 |
26 Total earnings in foreign currencies |
-1.7 |
96.5 |
7.5 |
16.9 |
-7.4 |
10.9 |
of which, Exports |
-6.3 |
106.2 |
8.7 |
18.8 |
-4.7 |
22.5 |
27 Total expenditure in foreign currencies |
29.5 |
-8.8 |
-13.7 |
22.7 |
-15.6 |
22.9 |
of which, Imports |
20.7 |
-3.9 |
-15.7 |
27.1 |
-17.6 |
26.8 |
Note: Industry group, ‘Basic Chemicals’ is sub group of ‘Chemicals and Chemical Products’. |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Contd.) |
(Per cent) |
Item |
Chemical Fertilizers and Pesticides (29) |
Paints and Varnishes (15) |
Pharmaceuticals and Medicines (105) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
20 |
21 |
22 |
23 |
24 |
25 |
1 |
Sales $ |
-16.1 |
16.6 |
15.9 |
22.8 |
11.7 |
16.7 |
2 |
Value of production |
-17.0 |
18.5 |
17.9 |
23.9 |
11.2 |
17.0 |
3 |
Total Income |
-14.7 |
21.0 |
16.7 |
23.1 |
10.5 |
18.5 |
4 |
Manufacturing Expenses |
-11.8 |
22.0 |
14.5 |
28.5 |
9.4 |
18.9 |
5 |
Remuneration to employees |
-2.8 |
15.6 |
13.5 |
15.6 |
17.9 |
24.8 |
6 |
PBDIT |
-12.0 |
13.2 |
61.0 |
12.0 |
74.3 |
13.2 |
7 |
Depreciation provision |
9.6 |
6.8 |
9.8 |
24.2 |
14.8 |
17.7 |
8 |
Gross profit (PBIT) |
-3.4 |
47.5 |
64.8 |
12.6 |
62.1 |
22.8 |
9 |
Interest |
-24.0 |
1.5 |
-20.8 |
30.6 |
22.1 |
3.4 |
10 |
Profit before tax and non-operating surplus/deficit |
4.5 |
60.4 |
71.2 |
12.0 |
71.6 |
26.1 |
11 |
Non-operating surplus / deficit |
206.4 |
-31.1 |
-31.8 |
-33.2 |
-108.6 |
-492.2 |
12 |
Profit Before Tax |
13.2 |
49.8 |
48.9 |
7.5 |
58.8 |
24.3 |
13 |
Tax provision |
-13.5 |
31.8 |
49.5 |
4.7 |
39.8 |
13.9 |
14 |
Profit After Tax |
38.7 |
60.5 |
48.7 |
8.9 |
65.0 |
27.2 |
15 |
Dividend paid |
12.4 |
16.2 |
41.1 |
17.8 |
18.0 |
56.8 |
16 |
Profit retained |
52.4 |
80.9 |
52.6 |
4.5 |
89.9 |
18.2 |
17 |
Gross saving |
28.0 |
44.7 |
42.3 |
8.2 |
63.2 |
18.1 |
18 |
(a) Gross value added |
2.1 |
32.1 |
42.9 |
13.4 |
44.3 |
22.0 |
|
(b) Net value added |
0.4 |
38.6 |
46.5 |
12.5 |
48.9 |
22.5 |
19 |
Net worth @ |
10.8 |
16.1 |
26.8 |
20.6 |
21.4 |
18.2 |
20 |
Total borrowings @ |
-5.4 |
2.8 |
-1.0 |
21.9 |
-5.7 |
22.6 |
|
of which, from banks @ |
-7.8 |
-18.8 |
9.6 |
46.4 |
-1.1 |
32.1 |
21 |
Trade dues and other current liabilities @ |
-19.8 |
22.8 |
29.7 |
21.6 |
2.9 |
5.8 |
22 |
(a) Gross fixed assets @ |
6.3 |
7.2 |
17.1 |
11.5 |
14.9 |
16.5 |
|
(b) Net fixed assets @ |
4.5 |
7.3 |
26.7 |
9.5 |
13.7 |
15.4 |
23 |
Inventories @ |
-2.3 |
19.9 |
25.9 |
38.5 |
12.8 |
22.0 |
24 |
(a) Gross physical assets @ |
5.1 |
8.9 |
19.6 |
19.7 |
14.4 |
17.9 |
|
(b) Net physical assets @ |
2.8 |
10.2 |
26.3 |
22.1 |
13.4 |
17.6 |
25 |
(a) Total gross assets @ |
1.8 |
10.4 |
21.4 |
19.1 |
10.4 |
17.3 |
|
(b) Total net assets @ |
-0.4 |
11.6 |
25.1 |
20.1 |
9.6 |
17.1 |
26 |
Total earnings in foreign currencies |
1.7 |
7.7 |
-4.9 |
28.2 |
12.1 |
18.4 |
|
of which, Exports |
4.0 |
7.6 |
-6.1 |
29.3 |
13.0 |
18.7 |
27 |
Total expenditure in foreign currencies |
-39.8 |
22.8 |
23.0 |
34.4 |
-1.5 |
17.6 |
|
of which, Imports |
-40.3 |
26.1 |
22.4 |
36.4 |
-0.1 |
22.3 |
Note: Industry groups, viz. ‘Chemical Fertilizers and Pesticides’, ‘Paints and Varnishes’ and ‘Pharmaceuticals and Medicines’ are sub groups of ‘Chemicals and Chemical Products’. |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Contd.) |
(Per cent) |
Item |
Rubber and Plastic Products (97) |
Plastic Products (71) |
Ceramics (17) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
26 |
27 |
28 |
29 |
30 |
31 |
1 |
Sales $ |
9.2 |
25.2 |
12.4 |
24.0 |
14.2 |
19.9 |
2 |
Value of production |
9.6 |
28.7 |
14.7 |
25.0 |
13.5 |
20.7 |
3 |
Total Income |
9.4 |
28.2 |
14.0 |
23.6 |
13.1 |
20.2 |
4 |
Manufacturing Expenses |
4.6 |
34.3 |
14.9 |
24.2 |
16.4 |
25.5 |
5 |
Remuneration to employees |
9.3 |
20.5 |
10.2 |
21.9 |
19.7 |
16.2 |
6 |
PBDIT |
66.2 |
17.8 |
54.1 |
38.5 |
8.1 |
9.5 |
7 |
Depreciation provision |
19.5 |
12.3 |
17.8 |
12.5 |
12.6 |
8.0 |
8 |
Gross profit (PBIT) |
77.5 |
15.0 |
61.3 |
31.4 |
0.5 |
8.4 |
9 |
Interest |
-4.0 |
30.0 |
5.1 |
30.3 |
-14.1 |
10.0 |
10 |
Profit before tax and non-operating surplus/deficit |
126.6 |
11.2 |
101.5 |
31.8 |
7.9 |
7.7 |
11 |
Non-operating surplus / deficit |
-185.0 |
88.6 |
-118.3 |
0.4 |
# |
-13.1 |
12 |
Profit Before Tax |
108.6 |
13.5 |
71.5 |
32.3 |
12.0 |
6.9 |
13 |
Tax provision |
119.7 |
21.8 |
91.2 |
64.7 |
14.4 |
4.4 |
14 |
Profit After Tax |
104.6 |
10.4 |
66.3 |
22.5 |
10.5 |
8.4 |
15 |
Dividend paid |
50.8 |
15.2 |
61.7 |
26.3 |
48.6 |
68.0 |
16 |
Profit retained |
118.8 |
11.4 |
65.5 |
26.5 |
3.8 |
-9.2 |
17 |
Gross saving |
66.8 |
11.7 |
42.4 |
20.9 |
8.5 |
0.2 |
18 |
(a) Gross value added |
46.0 |
17.3 |
41.1 |
29.8 |
9.4 |
11.3 |
|
(b) Net value added |
52.7 |
18.2 |
47.4 |
33.6 |
8.7 |
12.1 |
19 |
Net worth @ |
20.5 |
18.4 |
19.7 |
18.6 |
9.7 |
12.2 |
20 |
Total borrowings @ |
9.3 |
18.1 |
17.2 |
7.2 |
2.1 |
5.8 |
|
of which, from banks @ |
0.8 |
28.8 |
21.9 |
9.9 |
-6.4 |
8.5 |
21 |
Trade dues and other current liabilities @ |
13.4 |
31.0 |
5.5 |
26.6 |
24.0 |
12.8 |
22 |
(a) Gross fixed assets @ |
12.3 |
15.2 |
10.9 |
13.1 |
8.2 |
6.4 |
|
(b) Net fixed assets @ |
12.2 |
17.0 |
10.5 |
13.7 |
3.9 |
1.8 |
23 |
Inventories @ |
10.9 |
54.4 |
17.9 |
37.7 |
7.5 |
16.9 |
24 |
(a) Gross physical assets @ |
12.1 |
21.0 |
11.9 |
16.9 |
8.1 |
8.6 |
|
(b) Net physical assets @ |
11.9 |
25.1 |
12.1 |
19.1 |
5.0 |
6.6 |
25 |
(a) Total gross assets @ |
14.1 |
18.4 |
14.5 |
14.2 |
10.7 |
11.0 |
|
(b) Total net assets @ |
14.5 |
20.0 |
15.1 |
14.6 |
9.5 |
10.4 |
26 |
Total earnings in foreign currencies |
2.0 |
29.9 |
19.3 |
19.9 |
8.5 |
15.3 |
|
of which, Exports |
1.1 |
30.5 |
17.1 |
21.4 |
8.2 |
15.2 |
27 |
Total expenditure in foreign currencies |
20.2 |
28.7 |
35.2 |
10.1 |
2.0 |
18.4 |
|
of which, Imports |
21.0 |
28.5 |
36.9 |
10.1 |
1.5 |
18.3 |
Note: Industry group ‘Plastic Products’ is sub group of ‘Rubber and Plastic Products’ |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Contd.) |
(Per cent) |
Item |
Cement and Cement Products (37) |
Iron and Steel (93) |
Fabricated Metal Products (47) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
32 |
33 |
34 |
35 |
36 |
37 |
1 |
Sales $ |
6.3 |
-7.2 |
6.6 |
21.6 |
1.6 |
20.4 |
2 |
Value of production |
5.9 |
-6.3 |
6.4 |
24.2 |
-3.2 |
26.1 |
3 |
Total Income |
5.9 |
-5.1 |
7.8 |
23.5 |
-1.4 |
27.9 |
4 |
Manufacturing Expenses |
-1.7 |
6.5 |
5.0 |
26.0 |
-5.9 |
30.8 |
5 |
Remuneration to employees |
4.0 |
7.0 |
8.6 |
20.6 |
15.6 |
28.5 |
6 |
PBDIT |
23.1 |
-35.1 |
24.6 |
18.5 |
8.2 |
3.2 |
7 |
Depreciation provision |
19.2 |
9.7 |
18.0 |
16.0 |
21.1 |
28.1 |
8 |
Gross profit (PBIT) |
21.9 |
-40.7 |
31.8 |
15.4 |
18.7 |
20.3 |
9 |
Interest |
31.6 |
7.4 |
22.2 |
-9.0 |
9.3 |
15.8 |
10 |
Profit before tax and non-operating surplus/deficit |
21.1 |
-45.2 |
34.6 |
21.7 |
22.5 |
21.9 |
11 |
Non-operating surplus / deficit |
52.0 |
# |
210.9 |
221.6 |
-2.7 |
53.7 |
12 |
Profit Before Tax |
21.4 |
-41.5 |
36.4 |
22.9 |
24.1 |
26.9 |
13 |
Tax provision |
25.3 |
-40.8 |
11.6 |
31.1 |
46.9 |
12.7 |
14 |
Profit After Tax |
20.0 |
-41.8 |
46.2 |
20.5 |
13.8 |
35.2 |
15 |
Dividend paid |
11.7 |
|
-13.5 |
35.7 |
10.8 |
47.0 |
16 |
Profit retained |
22.3 |
-51.4 |
68.7 |
16.2 |
14.8 |
32.0 |
17 |
Gross saving |
21.3 |
-32.6 |
49.8 |
16.1 |
17.5 |
30.3 |
18 |
(a) Gross value added |
19.0 |
-26.4 |
26.7 |
15.8 |
19.7 |
23.0 |
|
(b) Net value added |
19.0 |
-33.6 |
28.4 |
15.8 |
19.5 |
22.0 |
19 |
Net worth @ |
10.4 |
8.7 |
26.2 |
30.0 |
24.3 |
14.5 |
20 |
Total borrowings @ |
0.1 |
8.0 |
9.2 |
23.4 |
21.4 |
9.7 |
|
of which, from banks @ |
-4.3 |
9.2 |
2.2 |
20.5 |
3.8 |
4.0 |
21 |
Trade dues and other current liabilities @ |
-4.0 |
16.0 |
2.0 |
24.9 |
-23.5 |
31.8 |
22 |
(a) Gross fixed assets @ |
0.0 |
11.6 |
19.1 |
21.3 |
9.9 |
13.0 |
|
(b) Net fixed assets @ |
0.0 |
9.4 |
19.2 |
22.5 |
6.7 |
8.8 |
23 |
Inventories @ |
-7.7 |
15.4 |
6.6 |
42.3 |
-16.5 |
28.3 |
24 |
(a) Gross physical assets @ |
-0.7 |
11.9 |
17.2 |
24.1 |
1.6 |
17.0 |
|
(b) Net physical assets @ |
-1.1 |
10.2 |
16.8 |
25.8 |
-2.2 |
15.2 |
25 |
(a) Total gross assets @ |
4.2 |
11.2 |
14.9 |
25.1 |
7.7 |
18.5 |
|
(b) Total net assets @ |
5.3 |
9.9 |
14.4 |
26.2 |
6.3 |
17.8 |
26 |
Total earnings in foreign currencies |
4.2 |
-2.3 |
-28.6 |
15.0 |
-5.4 |
25.1 |
|
of which, Exports |
7.0 |
-3.7 |
-27.3 |
14.6 |
-6.4 |
21.6 |
27 |
Total expenditure in foreign currencies |
33.2 |
-8.3 |
0.6 |
21.2 |
-48.5 |
46.5 |
|
of which, Imports |
10.0 |
-12.2 |
4.1 |
22.9 |
-52.5 |
65.9 |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Contd.) |
(Per cent) |
Item |
Machinery and Machine Tools (120) |
Electrical Machinery and Apparatus (66) |
Radio, Television & Communication Equip. & Apparatus (33) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
38 |
39 |
40 |
41 |
42 |
43 |
1 |
Sales $ |
1.6 |
16.9 |
-1.5 |
15.2 |
1.3 |
39.1 |
2 |
Value of production |
1.7 |
18.2 |
-0.8 |
18.8 |
1.4 |
39.3 |
3 |
Total Income |
0.8 |
17.5 |
-0.9 |
17.6 |
2.2 |
38.3 |
4 |
Manufacturing Expenses |
-0.2 |
19.6 |
-2.8 |
20.3 |
2.2 |
39.4 |
5 |
Remuneration to employees |
6.5 |
17.9 |
14.2 |
19.0 |
-7.4 |
23.5 |
6 |
PBDIT |
10.8 |
12.0 |
# |
16.7 |
-3.4 |
39.2 |
7 |
Depreciation provision |
6.9 |
-2.6 |
18.2 |
18.6 |
-9.3 |
21.0 |
8 |
Gross profit (PBIT) |
7.7 |
12.2 |
51.5 |
-2.5 |
3.0 |
39.6 |
9 |
Interest |
2.0 |
18.8 |
23.5 |
-2.6 |
29.9 |
38.5 |
10 |
Profit before tax and non-operating surplus/deficit |
8.7 |
11.1 |
61.1 |
-2.5 |
-14.0 |
40.7 |
11 |
Non-operating surplus / deficit |
-60.8 |
3.4 |
-198.0 |
168.2 |
114.9 |
-314.1 |
12 |
Profit Before Tax |
-0.1 |
10.7 |
31.5 |
11.6 |
-4.6 |
35.5 |
13 |
Tax provision |
14.7 |
18.2 |
29.7 |
-8.7 |
-20.0 |
74.9 |
14 |
Profit After Tax |
-6.1 |
7.0 |
32.7 |
25.5 |
-0.4 |
26.9 |
15 |
Dividend paid |
26.7 |
8.4 |
42.4 |
22.2 |
64.1 |
7.4 |
16 |
Profit retained |
-15.6 |
6.3 |
29.8 |
26.7 |
-3.8 |
28.4 |
17 |
Gross saving |
-7.5 |
2.6 |
26.0 |
24.2 |
-6.9 |
24.4 |
18 |
(a) Gross value added |
8.0 |
12.0 |
32.3 |
6.1 |
-2.2 |
31.8 |
|
(b) Net value added |
8.2 |
14.6 |
34.0 |
4.8 |
0.5 |
35.4 |
19 |
Net worth @ |
14.7 |
11.2 |
15.8 |
17.6 |
10.6 |
27.1 |
20 |
Total borrowings @ |
2.5 |
15.0 |
-0.8 |
3.6 |
13.6 |
26.6 |
|
of which, from banks @ |
-2.0 |
22.2 |
-11.5 |
12.6 |
20.4 |
27.0 |
21 |
Trade dues and other current liabilities @ |
6.7 |
18.8 |
10.1 |
13.5 |
6.5 |
1.2 |
22 |
(a) Gross fixed assets @ |
3.3 |
8.7 |
10.8 |
14.9 |
0.9 |
4.8 |
|
(b) Net fixed assets @ |
-0.9 |
6.5 |
10.0 |
16.5 |
1.4 |
0.1 |
23 |
Inventories @ |
5.2 |
24.5 |
4.2 |
32.7 |
10.2 |
17.0 |
24 |
(a) Gross physical assets @ |
3.8 |
12.8 |
8.8 |
20.2 |
2.3 |
6.7 |
|
(b) Net physical assets @ |
1.5 |
13.9 |
7.6 |
23.1 |
3.5 |
4.4 |
25 |
(a) Total gross assets @ |
9.2 |
14.1 |
10.6 |
14.0 |
9.2 |
20.6 |
|
(b) Total net assets @ |
9.5 |
14.8 |
10.5 |
14.2 |
11.8 |
23.1 |
26 |
Total earnings in foreign currencies |
-28.2 |
5.1 |
-29.6 |
-18.8 |
-7.6 |
18.8 |
|
of which, Exports |
-26.9 |
6.2 |
-33.1 |
-19.1 |
-8.8 |
17.9 |
27 |
Total expenditure in foreign currencies |
-12.6 |
15.3 |
-16.2 |
57.4 |
6.1 |
40.2 |
|
of which, Imports |
-12.2 |
15.5 |
-13.8 |
22.7 |
10.9 |
41.8 |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Contd.) |
(Per cent) |
Item |
Motor Veicles and Other Transport Equip. (104) |
Construction (75) |
Wholesale & Retail Trade (122) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
44 |
45 |
46 |
47 |
48 |
49 |
1 |
Sales $ |
31.3 |
31.7 |
29.9 |
24.3 |
28.4 |
29.8 |
2 |
Value of production |
32.8 |
31.6 |
25.2 |
26.7 |
28.2 |
27.6 |
3 |
Total Income |
31.5 |
30.8 |
24.9 |
11.9 |
27.6 |
27.2 |
4 |
Manufacturing Expenses |
29.0 |
35.7 |
24.6 |
12.5 |
28.7 |
29.3 |
5 |
Remuneration to employees |
16.3 |
25.4 |
34.7 |
35.0 |
1.8 |
11.9 |
6 |
PBDIT |
111.6 |
17.7 |
-13.8 |
38.8 |
# |
26.6 |
7 |
Depreciation provision |
15.3 |
22.3 |
22.3 |
20.1 |
29.8 |
15.8 |
8 |
Gross profit (PBIT) |
109.9 |
19.0 |
41.5 |
4.8 |
48.4 |
19.3 |
9 |
Interest |
23.0 |
15.9 |
40.9 |
32.6 |
26.4 |
12.2 |
10 |
Profit before tax and non-operating surplus/deficit |
131.7 |
19.5 |
41.9 |
-10.6 |
69.6 |
24.4 |
11 |
Non-operating surplus / deficit |
-3.5 |
-54.1 |
-10.4 |
-18.3 |
201.2 |
-14.9 |
12 |
Profit Before Tax |
108.2 |
13.5 |
42.5 |
-11.1 |
81.6 |
23.4 |
13 |
Tax provision |
115.4 |
10.1 |
46.7 |
-7.3 |
32.8 |
7.1 |
14 |
Profit After Tax |
105.6 |
14.8 |
41.0 |
-12.5 |
127.8 |
32.5 |
15 |
Dividend paid |
173.6 |
27.2 |
41.3 |
-3.1 |
19.9 |
0.7 |
16 |
Profit retained |
78.3 |
6.9 |
43.0 |
-14.3 |
265.1 |
46.7 |
17 |
Gross saving |
48.5 |
12.6 |
36.6 |
-4.6 |
98.8 |
32.4 |
18 |
(a) Gross value added |
61.8 |
20.8 |
30.5 |
13.6 |
26.0 |
15.5 |
|
(b) Net value added |
73.7 |
20.6 |
31.3 |
13.0 |
25.6 |
15.4 |
19 |
Net worth @ |
21.3 |
22.2 |
31.9 |
14.3 |
22.6 |
27.5 |
20 |
Total borrowings @ |
10.4 |
-1.1 |
32.4 |
24.6 |
31.4 |
3.1 |
|
of which, from banks @ |
-4.2 |
-8.7 |
20.1 |
29.8 |
32.7 |
-14.3 |
21 |
Trade dues and other current liabilities @ |
30.1 |
19.9 |
17.1 |
36.7 |
29.1 |
59.7 |
22 |
(a) Gross fixed assets @ |
8.1 |
11.7 |
17.6 |
22.0 |
18.4 |
-0.7 |
|
(b) Net fixed assets @ |
5.4 |
9.7 |
15.5 |
20.9 |
18.1 |
-5.3 |
23 |
Inventories @ |
12.7 |
39.1 |
24.1 |
26.5 |
25.5 |
15.0 |
24 |
(a) Gross physical assets @ |
8.7 |
15.9 |
20.1 |
23.9 |
21.4 |
6.3 |
|
(b) Net physical assets @ |
7.0 |
16.5 |
19.4 |
23.5 |
21.7 |
5.0 |
25 |
(a) Total gross assets @ |
21.0 |
15.2 |
27.8 |
24.3 |
26.8 |
27.9 |
|
(b) Total net assets @ |
23.0 |
15.3 |
27.8 |
24.2 |
27.3 |
28.6 |
26 |
Total earnings in foreign currencies |
16.7 |
21.1 |
32.2 |
-54.7 |
75.5 |
40.4 |
|
of which, Exports |
12.1 |
30.0 |
-15.2 |
33.8 |
80.5 |
40.7 |
27 |
Total expenditure in foreign currencies |
-2.5 |
43.8 |
9.5 |
-35.6 |
31.5 |
64.4 |
|
of which, Imports |
-5.0 |
29.0 |
24.4 |
-20.4 |
32.9 |
65.2 |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Contd.) |
(Per cent) |
Item |
Hotels & Restaurants (42) |
Transport, Storage and Communications (51) |
Real Estate Activities (37) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
50 |
51 |
52 |
53 |
54 |
55 |
1 |
Sales $ |
-5.5 |
15.7 |
0.7 |
14.2 |
20.8 |
5.0 |
2 |
Value of production |
-5.5 |
15.7 |
0.7 |
14.2 |
7.8 |
19.1 |
3 |
Total Income |
-7.6 |
15.6 |
-3.1 |
11.1 |
3.0 |
19.8 |
4 |
Manufacturing Expenses |
4.4 |
24.7 |
-2.6 |
20.4 |
15.1 |
18.9 |
5 |
Remuneration to employees |
-3.2 |
22.6 |
-1.6 |
8.0 |
2.8 |
13.5 |
6 |
PBDIT |
-13.4 |
9.0 |
15.0 |
5.1 |
-10.8 |
26.9 |
7 |
Depreciation provision |
14.8 |
9.1 |
9.8 |
14.5 |
13.8 |
12.0 |
8 |
Gross profit (PBIT) |
-28.1 |
16.9 |
24.3 |
-19.6 |
-14.3 |
31.3 |
9 |
Interest |
21.7 |
25.0 |
19.6 |
-10.4 |
-37.6 |
60.4 |
10 |
Profit before tax and non-operating surplus/deficit |
-41.1 |
12.4 |
29.0 |
-28.3 |
-0.3 |
20.4 |
11 |
Non-operating surplus / deficit |
34.8 |
-74.6 |
-72.8 |
-4.9 |
-53.9 |
-35.2 |
12 |
Profit Before Tax |
-37.1 |
2.8 |
-30.0 |
-23.0 |
-8.2 |
16.2 |
13 |
Tax provision |
-44.4 |
26.9 |
6.6 |
-29.3 |
3.0 |
32.8 |
14 |
Profit After Tax |
-33.1 |
-8.4 |
-34.6 |
-21.8 |
-10.7 |
12.1 |
15 |
Dividend paid |
-6.4 |
15.8 |
-9.1 |
0.2 |
27.6 |
10.9 |
16 |
Profit retained |
-46.4 |
-27.8 |
-33.7 |
-37.9 |
-29.1 |
22.9 |
17 |
Gross saving |
-22.2 |
-6.3 |
-11.8 |
-5.1 |
-24.9 |
21.3 |
18 |
(a) Gross value added |
-10.9 |
14.6 |
20.0 |
-1.2 |
-3.5 |
24.2 |
|
(b) Net value added |
-14.5 |
15.7 |
25.2 |
-8.3 |
-4.4 |
25.0 |
19 |
Net worth @ |
2.1 |
17.5 |
5.2 |
9.4 |
25.8 |
13.4 |
20 |
Total borrowings @ |
29.0 |
6.6 |
-2.3 |
19.4 |
4.7 |
20.3 |
|
of which, from banks @ |
23.8 |
11.8 |
-8.0 |
37.9 |
7.5 |
27.8 |
21 |
Trade dues and other current liabilities @ |
20.1 |
12.1 |
0.6 |
20.7 |
6.3 |
22.7 |
22 |
(a) Gross fixed assets @ |
12.0 |
10.7 |
8.8 |
19.0 |
7.1 |
14.2 |
|
(b) Net fixed assets @ |
12.0 |
10.9 |
1.9 |
17.0 |
5.1 |
13.0 |
23 |
Inventories @ |
-2.3 |
16.1 |
8.1 |
13.9 |
0.5 |
9.4 |
24 |
(a) Gross physical assets @ |
11.8 |
10.8 |
8.8 |
18.9 |
2.9 |
11.3 |
|
(b) Net physical assets @ |
11.8 |
11.0 |
2.0 |
16.9 |
2.0 |
10.7 |
25 |
(a) Total gross assets @ |
14.9 |
11.9 |
4.8 |
16.0 |
14.0 |
18.5 |
|
(b) Total net assets @ |
15.3 |
12.2 |
1.4 |
14.7 |
13.9 |
18.5 |
26 |
Total earnings in foreign currencies |
-21.4 |
16.6 |
-5.8 |
14.8 |
-0.3 |
16.0 |
|
of which, Exports |
-100.0 |
# |
148.0 |
21.2 |
80.5 |
150.1 |
27 |
Total expenditure in foreign currencies |
-9.4 |
4.0 |
-19.5 |
-9.0 |
33.3 |
42.6 |
|
of which, Imports |
-14.5 |
18.2 |
-41.7 |
-17.9 |
61.0 |
94.2 |
Statement 11: Growth Rates of the select items of the select 2,072 Large Public Limited Companies, Industry-wise, 2009-10 and 2010-11 (Concld.) |
(Per cent) |
Item |
Computer and Related Activities (138) |
All Industries (2072) |
2009-10 |
2010-11 |
2009-10 |
2010-11 |
1 |
56 |
57 |
58 |
59 |
1 |
Sales $ |
6.1 |
17.4 |
13.5 |
22.5 |
2 |
Value of production |
6.3 |
17.3 |
13.5 |
23.1 |
3 |
Total Income |
7.0 |
16.6 |
13.3 |
22.1 |
4 |
Manufacturing Expenses |
36.3 |
20.8 |
14.3 |
26.3 |
5 |
Remuneration to employees |
-6.2 |
21.4 |
4.4 |
19.5 |
6 |
PBDIT |
26.0 |
13.8 |
34.1 |
16.6 |
7 |
Depreciation provision |
5.8 |
2.8 |
22.1 |
17.3 |
8 |
Gross profit (PBIT) |
26.3 |
16.1 |
31.3 |
11.3 |
9 |
Interest |
49.4 |
10.7 |
12.4 |
13.4 |
10 |
Profit before tax and non-operating surplus/deficit |
25.7 |
16.3 |
36.7 |
10.8 |
11 |
Non-operating surplus / deficit |
105.3 |
-39.5 |
-35.7 |
36.1 |
12 |
Profit Before Tax |
28.3 |
13.4 |
30.8 |
11.9 |
13 |
Tax provision |
54.3 |
19.5 |
40.1 |
13.4 |
14 |
Profit After Tax |
22.3 |
11.6 |
27.8 |
11.3 |
15 |
Dividend paid |
57.2 |
30.0 |
45.0 |
18.1 |
16 |
Profit retained |
10.7 |
2.8 |
24.0 |
8.5 |
17 |
Gross saving |
9.7 |
2.8 |
23.3 |
11.8 |
18 |
(a) Gross value added |
5.2 |
17.2 |
22.6 |
13.9 |
|
(b) Net value added |
5.2 |
17.9 |
22.7 |
13.2 |
19 |
Net worth @ |
23.1 |
18.1 |
18.3 |
16.5 |
20 |
Total borrowings @ |
20.5 |
10.1 |
5.6 |
15.2 |
|
of which, from banks @ |
29.6 |
8.3 |
1.2 |
17.5 |
21 |
Trade dues and other current liabilities @ |
1.7 |
0.8 |
11.8 |
24.0 |
22 |
(a) Gross fixed assets @ |
8.3 |
13.0 |
10.6 |
8.5 |
|
(b) Net fixed assets @ |
1.4 |
10.5 |
8.3 |
6.4 |
23 |
Inventories @ |
37.7 |
26.7 |
17.8 |
23.3 |
24 |
(a) Gross physical assets @ |
9.1 |
13.4 |
11.7 |
11.0 |
|
(b) Net physical assets @ |
3.0 |
11.4 |
10.3 |
10.2 |
25 |
(a) Total gross assets @ |
20.1 |
13.3 |
13.3 |
16.6 |
|
(b) Total net assets @ |
20.1 |
13.0 |
12.8 |
17.1 |
26 |
Total earnings in foreign currencies |
5.9 |
11.5 |
5.0 |
21.2 |
|
of which, Exports |
135.2 |
13.2 |
6.8 |
28.1 |
27 |
Total expenditure in foreign currencies |
3.0 |
19.6 |
10.9 |
18.5 |
|
of which, Imports |
33.7 |
31.1 |
15.1 |
19.9 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 |
(Per cent) |
Item |
Mining & Quarrying (23) |
Food Products & Beverages (134) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
57.4 |
59.7 |
56.0 |
42.4 |
37.4 |
35.2 |
2. Net worth to total net assets |
28.1 |
28.9 |
31.7 |
34.4 |
36.0 |
34.3 |
3. Debt to equity |
133.6 |
110.8 |
94.3 |
71.2 |
62.1 |
59.5 |
4. Debt to equity (equity adjusted for revaluation reserve) |
133.6 |
110.8 |
94.3 |
76.0 |
65.2 |
62.2 |
5. Short term bank borrowings to inventories |
109.5 |
54.8 |
79.7 |
80.8 |
62.4 |
72.3 |
6. Total outside liabilities to net worth |
255.4 |
246.3 |
215.7 |
190.8 |
177.7 |
191.3 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.1 |
0.8 |
0.9 |
1.2 |
1.3 |
1.2 |
8. Quick assets to current liabilities |
46.0 |
35.3 |
43.9 |
34.2 |
36.7 |
34.5 |
9. Current assets to total net assets |
36.0 |
29.3 |
33.8 |
46.8 |
54.2 |
54.4 |
10. Sundry creditors to current assets |
53.8 |
69.5 |
45.0 |
27.6 |
27.7 |
30.5 |
11. Sundry creditors to net working capital |
# |
-208.9 |
-336.6 |
200.7 |
112.1 |
166.5 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
126.1 |
108.8 |
110.1 |
107.9 |
102.3 |
117.3 |
13. Sales to gross fixed assets |
189.6 |
155.4 |
164.5 |
187.8 |
198.1 |
235.9 |
14. Inventories to sales |
5.8 |
8.3 |
9.5 |
18.6 |
22.2 |
20.5 |
15. Sundry debtors to sales |
6.7 |
7.6 |
8.1 |
7.4 |
8.2 |
8.2 |
16. Exports to sales |
22.5 |
18.1 |
24.8 |
10.8 |
6.3 |
9.4 |
17. Gross value added to gross fixed assets |
17.7 |
19.0 |
20.6 |
26.6 |
33.5 |
31.7 |
18. Raw materials consumed to value of production |
79.9 |
79.2 |
80.0 |
65.1 |
64.5 |
69.8 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
74.9 |
47.9 |
|
23.8 |
31.7 |
20. Gross capital formation to total uses of funds |
|
90.1 |
62.5 |
|
54.9 |
59.5 |
21. External sources of funds to total sources of funds |
|
65.6 |
66.5 |
|
56.1 |
71.9 |
22. Increase in bank borrowings to total external sources |
|
23.5 |
37.4 |
|
31.5 |
46.4 |
23. Gross savings to gross capital formation |
|
35.0 |
49.5 |
|
52.2 |
48.8 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
8.3 |
9.5 |
9.9 |
8.1 |
10.2 |
8.5 |
25 Gross profit (PBIT) to sales |
6.6 |
8.7 |
9.0 |
7.5 |
10.0 |
7.3 |
26 Profit after tax to net worth |
10.8 |
14.1 |
15.6 |
9.0 |
13.9 |
10.4 |
27 PBDIT to sales |
7.6 |
8.9 |
10.4 |
7.0 |
10.0 |
6.8 |
28 Tax provision to profit before tax** |
33.5 |
31.3 |
30.3 |
30.5 |
27.1 |
29.0 |
29 Profit retained to profit after tax** |
68.9 |
81.9 |
85.3 |
64.4 |
72.5 |
68.3 |
30 Dividends to net worth |
4.7 |
2.6 |
2.3 |
4.1 |
4.1 |
4.3 |
31 Ordinary dividends to ordinary paid-up capital |
21.2 |
13.9 |
15.3 |
30.9 |
37.3 |
41.0 |
* : Item B.7 is the actual ratio of current assets to current liabilities. ** : Calculated based on companies which made profit in the year. @ : Available for two years, as these are worked based on sources and uses of funds taking difference between two successive years. These ratios are adjusted for revaluation, etc. #: Denominator is negative or nil or negligible. Note : 1. Figures in brackets below the industry name represent the number of companies in the industry. 2. For footnotes, please refer to Statement 7. |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Sugar (38) |
Cotton Textiles (106) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
8 |
9 |
10 |
11 |
12 |
13 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
59.0 |
51.9 |
47.3 |
58.1 |
54.5 |
50.5 |
2. Net worth to total net assets |
25.7 |
27.8 |
25.8 |
25.9 |
27.3 |
28.4 |
3. Debt to equity |
145.3 |
113.0 |
104.8 |
175.6 |
164.3 |
137.5 |
4. Debt to equity (equity adjusted for revaluation reserve) |
166.6 |
124.9 |
114.8 |
182.6 |
170.7 |
143.5 |
5. Short term bank borrowings to inventories |
78.2 |
50.6 |
67.2 |
107.1 |
85.7 |
76.5 |
6. Total outside liabilities to net worth |
288.9 |
259.9 |
287.5 |
285.5 |
266.9 |
251.7 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities* |
1.0 |
1.1 |
0.9 |
1.3 |
1.5 |
1.4 |
8. Quick assets to current liabilities |
14.7 |
17.6 |
14.7 |
48.8 |
56.5 |
49.2 |
9. Current assets to total net assets |
36.8 |
44.4 |
43.8 |
36.9 |
42.1 |
46.6 |
10. Sundry creditors to current assets |
31.2 |
40.0 |
47.0 |
17.1 |
12.8 |
14.7 |
11. Sundry creditors to net working capital |
# |
461.7 |
-670.2 |
73.8 |
37.9 |
48.0 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
55.2 |
64.6 |
83.2 |
60.3 |
64.0 |
72.7 |
13. Sales to gross fixed assets |
73.1 |
94.5 |
128.3 |
72.5 |
79.5 |
95.3 |
14. Inventories to sales |
39.2 |
41.7 |
34.5 |
22.1 |
25.8 |
29.4 |
15. Sundry debtors to sales |
6.2 |
5.6 |
6.1 |
16.1 |
16.8 |
16.4 |
16. Exports to sales |
16.8 |
2.2 |
10.4 |
27.0 |
27.9 |
28.8 |
17. Gross value added to gross fixed assets |
15.5 |
23.7 |
18.1 |
13.3 |
18.2 |
22.5 |
18. Raw materials consumed to value of production |
65.9 |
66.9 |
80.7 |
59.0 |
58.1 |
60.0 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
25.4 |
28.0 |
|
44.5 |
41.0 |
20. Gross capital formation to total uses of funds |
|
73.4 |
62.1 |
|
75.3 |
81.0 |
21. External sources of funds to total sources of funds |
|
61.2 |
84.7 |
|
62.0 |
57.7 |
22. Increase in bank borrowings to total external sources |
|
-1.5 |
51.8 |
|
49.0 |
58.8 |
23. Gross savings to gross capital formation |
|
46.9 |
36.3 |
|
47.7 |
52.6 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
5.1 |
9.8 |
4.9 |
3.5 |
7.0 |
9.3 |
25 Gross profit (PBIT) to sales |
9.3 |
15.2 |
5.8 |
5.8 |
10.9 |
12.8 |
26 Profit after tax to net worth |
2.0 |
14.1 |
2.0 |
-2.1 |
6.9 |
14.7 |
27 PBDIT to sales |
7.9 |
15.0 |
4.0 |
8.9 |
13.8 |
16.0 |
28 Tax provision to profit before tax** |
13.0 |
19.4 |
19.5 |
15.7 |
18.6 |
18.3 |
29 Profit retained to profit after tax** |
82.7 |
85.3 |
77.9 |
89.0 |
80.6 |
89.5 |
30 Dividends to net worth |
1.0 |
2.0 |
1.6 |
0.5 |
0.8 |
1.1 |
31 Ordinary dividends to ordinary paid-up capital |
7.2 |
17.4 |
13.8 |
2.5 |
3.5 |
5.5 |
Note: Industry group ‘Sugar’ is sub-group of ‘Food Products & Beverages’. |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Man-made Textiles (21) |
Apparel (25) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
14 |
15 |
16 |
17 |
18 |
19 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
61.6 |
55.3 |
49.8 |
25.5 |
24.0 |
23.6 |
2. Net worth to total net assets |
24.0 |
24.9 |
26.3 |
43.2 |
44.0 |
40.0 |
3. Debt to equity |
110.1 |
98.4 |
89.8 |
40.0 |
33.2 |
36.8 |
4. Debt to equity (equity adjusted for revaluation reserve) |
122.3 |
106.9 |
94.7 |
40.1 |
33.2 |
36.9 |
5. Short term bank borrowings to inventories |
139.5 |
103.7 |
74.6 |
56.6 |
65.9 |
72.1 |
6. Total outside liabilities to net worth |
317.0 |
302.1 |
279.6 |
131.6 |
127.4 |
150.0 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
0.8 |
0.9 |
1.0 |
1.7 |
1.6 |
1.5 |
8. Quick assets to current liabilities |
26.9 |
31.4 |
35.1 |
44.5 |
47.6 |
48.3 |
9. Current assets to total net assets |
37.6 |
43.5 |
48.8 |
66.1 |
67.7 |
68.4 |
10. Sundry creditors to current assets |
22.0 |
21.6 |
24.3 |
16.2 |
15.5 |
18.0 |
11. Sundry creditors to net working capital |
-71.2 |
-138.0 |
# |
40.3 |
39.8 |
52.9 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
105.8 |
113.9 |
120.4 |
97.1 |
98.9 |
91.5 |
13. Sales to gross fixed assets |
98.7 |
111.5 |
130.3 |
274.0 |
287.8 |
264.8 |
14. Inventories to sales |
14.3 |
16.8 |
20.0 |
37.6 |
34.5 |
36.8 |
15. Sundry debtors to sales |
10.7 |
11.5 |
12.0 |
14.4 |
15.6 |
19.0 |
16. Exports to sales |
14.8 |
15.8 |
18.6 |
40.0 |
37.2 |
35.9 |
17. Gross value added to gross fixed assets |
11.2 |
16.7 |
22.3 |
56.8 |
63.4 |
41.3 |
18. Raw materials consumed to value of production |
67.8 |
68.7 |
68.5 |
50.5 |
51.3 |
56.3 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
29.6 |
39.2 |
|
21.9 |
31.0 |
20. Gross capital formation to total uses of funds |
|
68.9 |
76.4 |
|
33.9 |
54.0 |
21. External sources of funds to total sources of funds |
|
42.2 |
52.7 |
|
42.5 |
133.6 |
22. Increase in bank borrowings to total external sources |
|
30.0 |
31.0 |
|
95.7 |
26.7 |
23. Gross savings to gross capital formation |
|
85.8 |
54.3 |
|
142.5 |
-22.2 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
2.3 |
6.7 |
11.3 |
7.7 |
9.7 |
2.4 |
25 Gross profit (PBIT) to sales |
2.1 |
5.9 |
9.4 |
7.9 |
9.8 |
2.6 |
26 Profit after tax to net worth |
-5.5 |
12.4 |
22.1 |
4.0 |
9.4 |
-5.3 |
27 PBDIT to sales |
6.1 |
9.3 |
11.8 |
6.1 |
8.2 |
1.4 |
28 Tax provision to profit before tax** |
20.2 |
18.6 |
22.8 |
32.9 |
30.8 |
29.3 |
29 Profit retained to profit after tax** |
90.5 |
90.7 |
86.3 |
81.3 |
84.4 |
75.9 |
30 Dividends to net worth |
0.7 |
1.5 |
3.4 |
1.6 |
1.7 |
2.4 |
31 Ordinary dividends to ordinary paid-up capital |
2.1 |
5.0 |
13.3 |
14.1 |
15.9 |
22.5 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
|
Paper and Paper Products (33) |
Chemicals and Chemical Products (298) |
Item |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
20 |
21 |
22 |
23 |
24 |
25 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
64.3 |
67.7 |
63.2 |
36.9 |
37.1 |
35.7 |
2. Net worth to total net assets |
32.4 |
33.7 |
35.2 |
44.1 |
47.8 |
48.7 |
3. Debt to equity |
127.6 |
123.4 |
105.7 |
38.9 |
33.9 |
32.6 |
4. Debt to equity (equity adjusted for revaluation reserve) |
129.7 |
125.0 |
106.9 |
39.9 |
34.6 |
33.3 |
5. Short term bank borrowings to inventories |
94.1 |
95.7 |
90.0 |
84.2 |
69.2 |
63.8 |
6. Total outside liabilities to net worth |
209.0 |
196.5 |
184.1 |
126.8 |
109.1 |
105.5 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.3 |
1.2 |
1.0 |
1.3 |
1.3 |
1.4 |
8. Quick assets to current liabilities |
48.2 |
38.7 |
34.5 |
58.8 |
61.1 |
67.2 |
9. Current assets to total net assets |
32.6 |
29.0 |
28.3 |
48.3 |
46.6 |
49.9 |
10. Sundry creditors to current assets |
27.4 |
26.4 |
27.4 |
25.2 |
26.6 |
25.3 |
11. Sundry creditors to net working capital |
135.5 |
173.2 |
982.0 |
121.4 |
111.1 |
85.1 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
57.8 |
55.2 |
63.6 |
79.4 |
76.5 |
78.2 |
13. Sales to gross fixed assets |
68.8 |
62.0 |
73.2 |
138.0 |
131.1 |
139.0 |
14. Inventories to sales |
15.3 |
14.9 |
15.2 |
17.9 |
18.3 |
19.8 |
15. Sundry debtors to sales |
11.4 |
11.6 |
11.2 |
17.7 |
17.6 |
17.5 |
16. Exports to sales |
3.8 |
3.5 |
5.7 |
22.9 |
23.8 |
23.9 |
17. Gross value added to gross fixed assets |
17.3 |
16.6 |
17.7 |
28.6 |
33.3 |
35.4 |
18. Raw materials consumed to value of production |
38.6 |
38.3 |
40.1 |
51.1 |
50.4 |
51.3 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
109.6 |
41.6 |
|
55.4 |
36.7 |
20. Gross capital formation to total uses of funds |
|
109.3 |
58.9 |
|
65.2 |
58.3 |
21. External sources of funds to total sources of funds |
|
44.6 |
47.5 |
|
16.3 |
46.9 |
22. Increase in bank borrowings to total external sources |
|
-59.6 |
26.3 |
|
-26.0 |
27.5 |
23. Gross savings to gross capital formation |
|
54.8 |
86.1 |
|
126.6 |
88.6 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
7.9 |
7.5 |
6.7 |
9.4 |
12.0 |
12.5 |
25 Gross profit (PBIT) to sales |
13.6 |
13.6 |
10.5 |
11.9 |
15.6 |
15.9 |
26 Profit after tax to net worth |
11.7 |
9.6 |
7.8 |
12.6 |
16.4 |
16.7 |
27 PBDIT to sales |
17.1 |
17.9 |
15.8 |
10.3 |
14.0 |
13.6 |
28 Tax provision to profit before tax** |
18.9 |
16.1 |
18.1 |
25.1 |
24.8 |
24.1 |
29 Profit retained to profit after tax** |
81.7 |
84.5 |
82.5 |
68.0 |
70.6 |
68.7 |
30 Dividends to net worth |
1.7 |
1.6 |
1.6 |
5.1 |
5.1 |
5.4 |
31 Ordinary dividends to ordinary paid-up capital |
8.7 |
8.3 |
9.1 |
54.3 |
62.5 |
72.3 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Basic Chemicals (57) |
Chemical Fertilizers and Pesticides (29) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
26 |
27 |
28 |
29 |
30 |
31 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
47.8 |
47.5 |
46.6 |
37.3 |
39.0 |
37.3 |
2. Net worth to total net assets |
45.1 |
46.2 |
44.8 |
39.1 |
43.4 |
45.1 |
3. Debt to equity |
48.4 |
44.0 |
41.0 |
31.7 |
32.7 |
39.1 |
4. Debt to equity (equity adjusted for revaluation reserve) |
52.4 |
47.1 |
43.5 |
33.5 |
34.1 |
40.4 |
5. Short term bank borrowings to inventories |
91.1 |
97.5 |
89.0 |
128.9 |
108.5 |
66.1 |
6. Total outside liabilities to net worth |
121.9 |
116.5 |
123.4 |
155.6 |
130.2 |
122.0 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.4 |
1.3 |
1.2 |
0.9 |
0.9 |
1.2 |
8. Quick assets to current liabilities |
59.2 |
61.5 |
57.4 |
37.5 |
40.0 |
62.2 |
9. Current assets to total net assets |
45.3 |
44.7 |
45.6 |
42.1 |
38.7 |
45.6 |
10. Sundry creditors to current assets |
23.5 |
26.2 |
27.6 |
36.7 |
27.8 |
24.5 |
11. Sundry creditors to net working capital |
86.4 |
103.7 |
141.1 |
-251.0 |
-335.1 |
132.5 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
64.6 |
62.5 |
67.5 |
88.1 |
74.4 |
77.8 |
13. Sales to gross fixed assets |
89.0 |
85.3 |
94.1 |
122.4 |
96.6 |
105.0 |
14. Inventories to sales |
16.4 |
15.0 |
16.3 |
13.8 |
16.1 |
16.5 |
15. Sundry debtors to sales |
18.7 |
18.7 |
18.9 |
14.3 |
15.1 |
17.4 |
16. Exports to sales |
28.8 |
26.5 |
26.6 |
10.8 |
13.4 |
12.4 |
17. Gross value added to gross fixed assets |
20.4 |
20.4 |
21.1 |
20.7 |
19.9 |
24.5 |
18. Raw materials consumed to value of production |
54.7 |
52.3 |
54.7 |
54.0 |
57.6 |
57.1 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
58.6 |
50.0 |
|
186.0 |
38.7 |
20. Gross capital formation to total uses of funds |
|
53.0 |
69.1 |
|
174.4 |
55.2 |
21. External sources of funds to total sources of funds |
|
28.2 |
58.8 |
|
-192.0 |
38.8 |
22. Increase in bank borrowings to total external sources |
|
-16.3 |
12.0 |
|
39.3 |
-73.9 |
23. Gross savings to gross capital formation |
|
135.0 |
71.2 |
|
148.8 |
116.9 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
8.6 |
8.3 |
8.3 |
8.7 |
8.5 |
11.3 |
25 Gross profit (PBIT) to sales |
13.3 |
13.2 |
12.3 |
9.9 |
11.4 |
14.5 |
26 Profit after tax to net worth |
10.0 |
10.6 |
10.8 |
8.6 |
10.8 |
15.1 |
27 PBDIT to sales |
10.8 |
13.8 |
13.2 |
8.5 |
8.9 |
8.6 |
28 Tax provision to profit before tax** |
24.3 |
21.5 |
21.7 |
37.5 |
35.2 |
32.6 |
29 Profit retained to profit after tax** |
77.5 |
79.8 |
78.2 |
77.0 |
72.3 |
78.7 |
30 Dividends to net worth |
2.3 |
2.5 |
2.5 |
3.2 |
3.2 |
3.2 |
31 Ordinary dividends to ordinary paid-up capital |
24.5 |
29.5 |
31.8 |
22.0 |
24.2 |
27.5 |
Note: Industry groups, viz. ‘Basic Chemicals’ and ‘Chemical Fertilizers and Pesticides’ are sub groups of ‘Chemicals and Chemical Products’. |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Paints and Varnishes (15) |
Pharmaceuticals and Medicines (105) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
32 |
33 |
34 |
35 |
36 |
37 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
26.9 |
27.4 |
25.4 |
29.8 |
30.5 |
30.1 |
2. Net worth to total net assets |
51.2 |
51.9 |
52.3 |
48.9 |
54.2 |
54.7 |
3. Debt to equity |
10.9 |
8.4 |
8.5 |
33.9 |
27.4 |
26.6 |
4. Debt to equity (equity adjusted for revaluation reserve) |
11.0 |
8.5 |
8.6 |
34.1 |
27.4 |
26.7 |
5. Short term bank borrowings to inventories |
22.9 |
16.0 |
16.5 |
86.3 |
68.7 |
74.4 |
6. Total outside liabilities to net worth |
95.3 |
92.8 |
91.1 |
104.3 |
84.3 |
82.7 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.3 |
1.3 |
1.4 |
1.5 |
1.6 |
1.7 |
8. Quick assets to current liabilities |
66.8 |
64.6 |
68.5 |
75.9 |
78.7 |
83.7 |
9. Current assets to total net assets |
56.4 |
54.0 |
58.8 |
52.1 |
49.9 |
52.0 |
10. Sundry creditors to current assets |
30.0 |
34.5 |
33.1 |
17.6 |
19.7 |
19.0 |
11. Sundry creditors to net working capital |
122.7 |
164.0 |
117.0 |
51.5 |
51.0 |
45.8 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
145.7 |
135.2 |
137.6 |
59.0 |
59.6 |
59.4 |
13. Sales to gross fixed assets |
283.7 |
279.9 |
308.3 |
147.0 |
143.3 |
143.6 |
14. Inventories to sales |
14.3 |
15.5 |
17.5 |
24.4 |
24.5 |
25.7 |
15. Sundry debtors to sales |
12.2 |
11.8 |
11.4 |
27.8 |
25.9 |
24.8 |
16. Exports to sales |
3.3 |
2.6 |
2.8 |
42.8 |
43.3 |
44.0 |
17. Gross value added to gross fixed assets |
53.1 |
64.6 |
65.7 |
37.5 |
47.2 |
49.5 |
18. Raw materials consumed to value of production |
52.7 |
51.7 |
54.5 |
43.6 |
43.3 |
43.8 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
32.9 |
24.2 |
|
52.0 |
35.5 |
20. Gross capital formation to total uses of funds |
|
53.1 |
59.2 |
|
67.9 |
52.3 |
21. External sources of funds to total sources of funds |
|
40.4 |
36.4 |
|
14.5 |
45.0 |
22. Increase in bank borrowings to total external sources |
|
5.3 |
28.6 |
|
-10.9 |
57.4 |
23. Gross savings to gross capital formation |
|
110.5 |
99.4 |
|
120.2 |
99.8 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
15.9 |
21.0 |
19.6 |
8.6 |
12.6 |
13.2 |
25 Gross profit (PBIT) to sales |
10.9 |
15.6 |
14.3 |
14.6 |
21.1 |
22.2 |
26 Profit after tax to net worth |
24.9 |
29.2 |
26.1 |
11.5 |
15.5 |
16.7 |
27 PBDIT to sales |
11.4 |
15.8 |
14.4 |
11.5 |
17.9 |
17.3 |
28 Tax provision to profit before tax** |
32.5 |
32.8 |
31.9 |
18.7 |
20.0 |
19.0 |
29 Profit retained to profit after tax** |
66.0 |
67.5 |
64.8 |
75.5 |
78.1 |
71.9 |
30 Dividends to net worth |
8.5 |
9.5 |
9.2 |
3.7 |
3.6 |
4.8 |
31 Ordinary dividends to ordinary paid-up capital |
88.3 |
123.0 |
134.2 |
68.5 |
76.7 |
109.5 |
Note: Industry groups, viz. ‘Paints and Varnishes’ and ‘Pharmaceuticals and Medicines’ are sub groups of ‘Chemicals and Chemical Products’. |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Rubber and Plastic Products (97) |
Plastic Products (71) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
38 |
39 |
40 |
41 |
42 |
43 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
44.4 |
43.4 |
42.4 |
37.6 |
36.1 |
35.8 |
2. Net worth to total net assets |
39.5 |
41.6 |
41.0 |
37.7 |
39.2 |
40.6 |
3. Debt to equity |
57.3 |
55.6 |
48.3 |
70.9 |
68.7 |
57.6 |
4. Debt to equity (equity adjusted for revaluation reserve) |
62.3 |
59.3 |
50.8 |
71.2 |
68.9 |
57.8 |
5. Short term bank borrowings to inventories |
115.9 |
89.9 |
90.3 |
130.9 |
118.4 |
108.8 |
6. Total outside liabilities to net worth |
153.1 |
140.7 |
143.8 |
165.1 |
155.0 |
146.5 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.1 |
1.2 |
1.2 |
1.3 |
1.4 |
1.3 |
8. Quick assets to current liabilities |
57.1 |
65.6 |
58.1 |
65.8 |
76.1 |
71.2 |
9. Current assets to total net assets |
42.6 |
43.1 |
45.3 |
44.4 |
45.8 |
46.8 |
10. Sundry creditors to current assets |
23.7 |
24.0 |
25.9 |
17.3 |
16.7 |
20.2 |
11. Sundry creditors to net working capital |
200.3 |
128.3 |
183.3 |
85.4 |
63.4 |
86.6 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
94.3 |
89.9 |
93.8 |
71.3 |
69.6 |
75.3 |
13. Sales to gross fixed assets |
131.5 |
127.9 |
138.9 |
119.7 |
121.3 |
132.9 |
14. Inventories to sales |
13.2 |
13.4 |
16.5 |
14.3 |
15.0 |
16.7 |
15. Sundry debtors to sales |
14.6 |
15.2 |
16.5 |
19.2 |
20.0 |
21.8 |
16. Exports to sales |
16.8 |
15.6 |
16.2 |
14.3 |
14.9 |
14.6 |
17. Gross value added to gross fixed assets |
21.9 |
28.5 |
29.0 |
20.7 |
26.4 |
30.2 |
18. Raw materials consumed to value of production |
64.7 |
60.9 |
65.2 |
61.8 |
60.6 |
62.4 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
49.1 |
46.0 |
|
36.8 |
43.9 |
20. Gross capital formation to total uses of funds |
|
56.6 |
74.1 |
|
47.2 |
66.7 |
21. External sources of funds to total sources of funds |
|
39.8 |
55.0 |
|
57.5 |
49.0 |
22. Increase in bank borrowings to total external sources |
|
2.5 |
44.7 |
|
46.1 |
26.6 |
23. Gross savings to gross capital formation |
|
98.9 |
56.8 |
|
93.2 |
71.0 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
7.6 |
11.8 |
11.3 |
6.7 |
9.4 |
10.7 |
25 Gross profit (PBIT) to sales |
8.0 |
13.1 |
12.0 |
9.4 |
13.5 |
14.3 |
26 Profit after tax to net worth |
9.4 |
15.9 |
14.9 |
9.5 |
13.1 |
13.6 |
27 PBDIT to sales |
9.5 |
14.5 |
13.6 |
10.2 |
13.9 |
15.6 |
28 Tax provision to profit before tax** |
24.4 |
27.0 |
28.8 |
18.6 |
22.2 |
27.5 |
29 Profit retained to profit after tax** |
80.2 |
83.4 |
84.4 |
82.6 |
79.6 |
82.5 |
30 Dividends to net worth |
2.0 |
2.5 |
2.4 |
1.8 |
2.4 |
2.5 |
31 Ordinary dividends to ordinary paid-up capital |
20.2 |
30.1 |
32.6 |
15.3 |
24.3 |
28.2 |
Note: Industry group ‘Plastic Products’ is sub group of ‘Rubber and Plastic Products’. |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Ceramics (17) |
Cement and Cement Products (37) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
44 |
45 |
46 |
47 |
48 |
49 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
46.2 |
43.9 |
40.5 |
58.2 |
55.2 |
55.0 |
2. Net worth to total net assets |
47.9 |
48.0 |
48.8 |
52.2 |
54.7 |
54.1 |
3. Debt to equity |
29.6 |
30.9 |
21.9 |
37.1 |
36.1 |
32.9 |
4. Debt to equity (equity adjusted for revaluation reserve) |
29.6 |
30.9 |
21.9 |
38.3 |
37.0 |
33.6 |
5. Short term bank borrowings to inventories |
69.6 |
62.2 |
66.6 |
46.1 |
35.9 |
54.0 |
6. Total outside liabilities to net worth |
108.8 |
108.5 |
105.1 |
91.5 |
82.8 |
84.7 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.3 |
1.4 |
1.4 |
1.2 |
1.3 |
1.2 |
8. Quick assets to current liabilities |
60.5 |
68.7 |
67.1 |
56.2 |
72.5 |
64.4 |
9. Current assets to total net assets |
50.0 |
52.2 |
55.8 |
34.3 |
33.8 |
34.6 |
10. Sundry creditors to current assets |
23.7 |
25.8 |
24.7 |
28.9 |
23.8 |
23.8 |
11. Sundry creditors to net working capital |
96.8 |
88.3 |
89.0 |
157.5 |
96.0 |
122.7 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
92.7 |
96.6 |
104.9 |
73.5 |
74.2 |
62.8 |
13. Sales to gross fixed assets |
121.7 |
128.4 |
144.7 |
84.8 |
90.1 |
74.9 |
14. Inventories to sales |
22.7 |
21.3 |
20.8 |
12.6 |
11.0 |
13.6 |
15. Sundry debtors to sales |
20.6 |
20.5 |
20.6 |
5.0 |
4.7 |
5.7 |
16. Exports to sales |
12.1 |
11.5 |
11.0 |
2.5 |
2.5 |
2.6 |
17. Gross value added to gross fixed assets |
28.2 |
28.5 |
29.8 |
26.9 |
32.0 |
21.1 |
18. Raw materials consumed to value of production |
42.2 |
46.1 |
48.0 |
18.4 |
18.0 |
20.7 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
45.0 |
33.3 |
|
0.7 |
67.3 |
20. Gross capital formation to total uses of funds |
|
56.3 |
57.5 |
|
-12.6 |
76.1 |
21. External sources of funds to total sources of funds |
|
38.8 |
47.2 |
|
1.9 |
28.7 |
22. Increase in bank borrowings to total external sources |
|
-31.3 |
28.6 |
|
# |
33.3 |
23. Gross savings to gross capital formation |
|
103.6 |
90.0 |
|
# |
88.8 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
10.5 |
9.6 |
9.4 |
16.0 |
18.5 |
10.0 |
25 Gross profit (PBIT) to sales |
11.3 |
10.0 |
9.0 |
21.7 |
24.9 |
15.9 |
26 Profit after tax to net worth |
9.0 |
9.1 |
8.8 |
20.5 |
22.3 |
12.0 |
27 PBDIT to sales |
13.4 |
12.7 |
11.6 |
24.3 |
28.1 |
19.6 |
28 Tax provision to profit before tax** |
33.8 |
33.8 |
33.5 |
26.4 |
27.3 |
27.3 |
29 Profit retained to profit after tax** |
84.9 |
81.5 |
70.9 |
79.5 |
80.9 |
69.1 |
30 Dividends to net worth |
1.5 |
2.1 |
3.1 |
4.0 |
4.0 |
3.7 |
31 Ordinary dividends to ordinary paid-up capital |
7.7 |
10.9 |
15.5 |
54.2 |
59.6 |
59.1 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Iron and Steel (93) |
Fabricated Metal Products (47) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
50 |
51 |
52 |
53 |
54 |
55 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
44.9 |
47.3 |
45.9 |
36.4 |
36.6 |
34.1 |
2. Net worth to total net assets |
36.7 |
40.6 |
41.8 |
31.5 |
36.8 |
36.1 |
3. Debt to equity |
76.3 |
70.6 |
64.6 |
67.9 |
58.3 |
55.0 |
4. Debt to equity (equity adjusted for revaluation reserve) |
78.2 |
73.3 |
66.7 |
68.3 |
58.5 |
55.9 |
5. Short term bank borrowings to inventories |
122.2 |
97.9 |
88.9 |
33.6 |
61.6 |
53.5 |
6. Total outside liabilities to net worth |
172.8 |
146.6 |
139.4 |
217.4 |
171.6 |
177.0 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
0.8 |
0.9 |
1.1 |
1.2 |
1.4 |
1.2 |
8. Quick assets to current liabilities |
28.2 |
32.2 |
32.0 |
50.6 |
67.6 |
57.1 |
9. Current assets to total net assets |
29.4 |
28.2 |
32.9 |
57.9 |
56.2 |
54.4 |
10. Sundry creditors to current assets |
27.2 |
29.2 |
24.2 |
30.7 |
23.9 |
29.4 |
11. Sundry creditors to net working capital |
-147.7 |
-405.9 |
398.3 |
160.9 |
91.1 |
151.2 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
58.4 |
54.1 |
52.1 |
82.3 |
78.6 |
80.0 |
13. Sales to gross fixed assets |
100.3 |
88.5 |
88.7 |
166.5 |
153.8 |
163.9 |
14. Inventories to sales |
17.9 |
18.0 |
21.0 |
27.5 |
22.6 |
24.1 |
15. Sundry debtors to sales |
9.2 |
10.1 |
11.0 |
18.1 |
22.3 |
22.4 |
16. Exports to sales |
20.8 |
14.2 |
13.4 |
21.4 |
19.7 |
19.9 |
17. Gross value added to gross fixed assets |
22.6 |
23.7 |
22.6 |
28.5 |
31.0 |
33.7 |
18. Raw materials consumed to value of production |
56.6 |
54.4 |
56.1 |
68.6 |
65.4 |
69.1 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
65.8 |
45.5 |
|
56.1 |
31.4 |
20. Gross capital formation to total uses of funds |
|
69.9 |
59.9 |
|
13.4 |
55.1 |
21. External sources of funds to total sources of funds |
|
43.5 |
65.2 |
|
20.1 |
59.8 |
22. Increase in bank borrowings to total external sources |
|
7.5 |
24.5 |
|
41.7 |
5.9 |
23. Gross savings to gross capital formation |
|
73.6 |
51.2 |
|
# |
63.8 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
9.1 |
10.5 |
9.6 |
8.5 |
9.5 |
9.7 |
25 Gross profit (PBIT) to sales |
15.6 |
19.3 |
18.3 |
10.4 |
12.1 |
12.1 |
26 Profit after tax to net worth |
13.8 |
15.8 |
14.7 |
12.3 |
11.3 |
13.1 |
27 PBDIT to sales |
17.4 |
20.4 |
19.9 |
8.6 |
9.2 |
7.9 |
28 Tax provision to profit before tax** |
25.8 |
23.1 |
24.6 |
28.6 |
32.2 |
30.3 |
29 Profit retained to profit after tax** |
75.7 |
83.0 |
80.2 |
80.1 |
82.2 |
78.8 |
30 Dividends to net worth |
2.5 |
1.7 |
1.8 |
2.8 |
2.5 |
3.1 |
31 Ordinary dividends to ordinary paid-up capital |
43.0 |
34.7 |
44.3 |
22.6 |
23.6 |
33.8 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Machinery and Machine Tools (120) |
Electrical Machinery and Apparatus (66) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
56 |
57 |
58 |
59 |
60 |
61 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
26.3 |
23.9 |
22.1 |
17.8 |
17.7 |
18.1 |
2. Net worth to total net assets |
41.0 |
43.0 |
41.6 |
40.2 |
42.1 |
43.3 |
3. Debt to equity |
19.7 |
19.0 |
18.1 |
27.7 |
28.8 |
24.5 |
4. Debt to equity (equity adjusted for revaluation reserve) |
20.2 |
19.3 |
18.5 |
27.8 |
28.9 |
24.6 |
5. Short term bank borrowings to inventories |
55.6 |
44.6 |
44.9 |
110.8 |
67.9 |
55.3 |
6. Total outside liabilities to net worth |
144.0 |
132.7 |
140.1 |
148.7 |
137.7 |
130.8 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.4 |
1.5 |
1.4 |
1.3 |
1.4 |
1.4 |
8. Quick assets to current liabilities |
78.5 |
85.3 |
81.7 |
78.3 |
80.9 |
73.5 |
9. Current assets to total net assets |
68.8 |
70.5 |
71.7 |
62.5 |
62.4 |
62.5 |
10. Sundry creditors to current assets |
30.1 |
28.0 |
28.8 |
25.2 |
26.7 |
27.2 |
11. Sundry creditors to net working capital |
113.9 |
89.8 |
97.0 |
111.0 |
99.2 |
101.6 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
103.7 |
96.2 |
98.0 |
88.5 |
78.9 |
79.6 |
13. Sales to gross fixed assets |
207.5 |
203.7 |
218.9 |
308.2 |
273.8 |
274.7 |
14. Inventories to sales |
16.8 |
17.3 |
18.5 |
14.7 |
15.6 |
17.9 |
15. Sundry debtors to sales |
26.5 |
28.3 |
29.0 |
33.4 |
33.2 |
31.3 |
16. Exports to sales |
18.9 |
13.6 |
12.4 |
19.3 |
13.1 |
9.2 |
17. Gross value added to gross fixed assets |
44.9 |
46.9 |
48.3 |
49.9 |
59.6 |
55.0 |
18. Raw materials consumed to value of production |
63.8 |
61.9 |
63.1 |
66.2 |
65.2 |
66.9 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
14.6 |
23.7 |
|
25.9 |
28.0 |
20. Gross capital formation to total uses of funds |
|
22.5 |
47.3 |
|
30.4 |
54.2 |
21. External sources of funds to total sources of funds |
|
31.7 |
54.3 |
|
42.9 |
49.4 |
22. Increase in bank borrowings to total external sources |
|
-7.5 |
29.4 |
|
-38.0 |
22.8 |
23. Gross savings to gross capital formation |
|
342.1 |
99.9 |
|
159.7 |
79.1 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
11.5 |
11.3 |
11.0 |
8.0 |
11.0 |
9.4 |
25 Gross profit (PBIT) to sales |
11.1 |
11.7 |
11.3 |
9.1 |
14.0 |
11.8 |
26 Profit after tax to net worth |
19.3 |
15.8 |
15.1 |
9.9 |
11.4 |
12.1 |
27 PBDIT to sales |
10.8 |
11.7 |
11.2 |
-0.5 |
3.0 |
3.0 |
28 Tax provision to profit before tax** |
27.6 |
32.7 |
32.7 |
34.5 |
30.6 |
31.0 |
29 Profit retained to profit after tax** |
78.4 |
70.1 |
72.2 |
83.3 |
84.6 |
79.1 |
30 Dividends to net worth |
4.4 |
4.9 |
4.8 |
2.2 |
2.7 |
2.8 |
31 Ordinary dividends to ordinary paid-up capital |
37.4 |
41.7 |
46.7 |
32.5 |
42.9 |
48.4 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Radio, Television & Communication Equip. & Apparatus (33) |
Motor Veicles and Other Transport Equip. (104) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
62 |
63 |
64 |
65 |
66 |
67 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
36.8 |
33.4 |
27.2 |
37.1 |
31.8 |
30.5 |
2. Net worth to total net assets |
37.8 |
37.4 |
38.6 |
42.5 |
42.0 |
44.6 |
3. Debt to equity |
32.3 |
92.0 |
71.5 |
37.2 |
40.5 |
32.7 |
4. Debt to equity (equity adjusted for revaluation reserve) |
32.3 |
92.1 |
71.5 |
38.6 |
41.7 |
33.7 |
5. Short term bank borrowings to inventories |
290.2 |
105.7 |
191.3 |
94.8 |
66.0 |
41.8 |
6. Total outside liabilities to net worth |
164.6 |
167.4 |
158.9 |
135.2 |
138.3 |
124.1 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.0 |
1.9 |
1.7 |
1.0 |
1.0 |
1.1 |
8. Quick assets to current liabilities |
36.1 |
65.1 |
69.3 |
50.2 |
50.3 |
53.5 |
9. Current assets to total net assets |
49.5 |
52.1 |
57.6 |
42.6 |
39.3 |
42.7 |
10. Sundry creditors to current assets |
18.6 |
16.1 |
11.3 |
40.2 |
39.8 |
39.3 |
11. Sundry creditors to net working capital |
# |
34.9 |
27.2 |
# |
# |
# |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
75.2 |
68.2 |
77.1 |
102.0 |
108.9 |
124.1 |
13. Sales to gross fixed assets |
115.3 |
115.8 |
153.8 |
170.1 |
206.4 |
243.5 |
14. Inventories to sales |
15.2 |
16.5 |
13.9 |
10.3 |
8.8 |
9.3 |
15. Sundry debtors to sales |
18.3 |
20.3 |
20.2 |
8.1 |
7.1 |
6.3 |
16. Exports to sales |
6.0 |
5.4 |
4.6 |
11.2 |
9.5 |
9.4 |
17. Gross value added to gross fixed assets |
21.9 |
21.3 |
26.8 |
26.6 |
39.7 |
43.0 |
18. Raw materials consumed to value of production |
65.0 |
68.2 |
71.7 |
69.1 |
67.5 |
69.8 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
4.9 |
10.8 |
|
18.7 |
33.5 |
20. Gross capital formation to total uses of funds |
|
14.8 |
18.2 |
|
23.9 |
54.0 |
21. External sources of funds to total sources of funds |
|
64.4 |
74.9 |
|
54.2 |
48.4 |
22. Increase in bank borrowings to total external sources |
|
97.4 |
54.5 |
|
-4.1 |
-10.6 |
23. Gross savings to gross capital formation |
|
373.7 |
154.3 |
|
165.2 |
94.0 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
7.4 |
6.9 |
7.8 |
7.2 |
12.3 |
12.7 |
25 Gross profit (PBIT) to sales |
9.9 |
10.0 |
10.1 |
7.1 |
11.3 |
10.2 |
26 Profit after tax to net worth |
8.7 |
7.8 |
7.8 |
12.1 |
20.5 |
19.2 |
27 PBDIT to sales |
14.2 |
13.6 |
13.6 |
7.4 |
11.9 |
10.6 |
28 Tax provision to profit before tax** |
16.7 |
17.4 |
21.1 |
25.0 |
26.7 |
25.7 |
29 Profit retained to profit after tax** |
96.2 |
91.9 |
93.5 |
72.1 |
61.7 |
58.0 |
30 Dividends to net worth |
0.4 |
0.7 |
0.6 |
3.5 |
8.0 |
8.3 |
31 Ordinary dividends to ordinary paid-up capital |
4.8 |
7.8 |
7.2 |
57.8 |
141.5 |
162.9 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Construction (75) |
Wholesale & Retail Trade (122) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
68 |
69 |
70 |
71 |
72 |
73 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
22.9 |
20.7 |
20.2 |
22.9 |
21.3 |
15.7 |
2. Net worth to total net assets |
31.4 |
32.4 |
29.9 |
37.7 |
36.3 |
36.0 |
3. Debt to equity |
67.6 |
72.4 |
76.2 |
33.0 |
35.9 |
25.1 |
4. Debt to equity (equity adjusted for revaluation reserve) |
68.3 |
72.9 |
76.7 |
33.5 |
36.3 |
25.3 |
5. Short term bank borrowings to inventories |
72.4 |
63.6 |
68.8 |
62.3 |
63.8 |
62.9 |
6. Total outside liabilities to net worth |
218.1 |
208.2 |
234.9 |
165.3 |
175.5 |
178.0 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.2 |
1.4 |
1.3 |
1.4 |
1.4 |
1.3 |
8. Quick assets to current liabilities |
46.1 |
57.0 |
47.1 |
62.9 |
62.6 |
72.6 |
9. Current assets to total net assets |
58.1 |
61.1 |
59.9 |
69.1 |
69.6 |
71.5 |
10. Sundry creditors to current assets |
19.2 |
18.1 |
17.4 |
30.3 |
29.6 |
37.1 |
11. Sundry creditors to net working capital |
102.1 |
64.9 |
82.9 |
108.2 |
108.4 |
159.6 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
38.1 |
38.7 |
38.8 |
178.4 |
180.0 |
181.6 |
13. Sales to gross fixed assets |
135.3 |
149.5 |
152.3 |
# |
# |
# |
14. Inventories to sales |
48.4 |
46.2 |
47.1 |
12.5 |
12.2 |
10.8 |
15. Sundry debtors to sales |
40.2 |
43.5 |
42.5 |
13.1 |
13.1 |
15.5 |
16. Exports to sales |
0.3 |
0.2 |
0.2 |
8.0 |
11.2 |
12.2 |
17. Gross value added to gross fixed assets |
50.6 |
56.2 |
52.4 |
54.4 |
57.9 |
67.4 |
18. Raw materials consumed to value of production |
43.3 |
40.7 |
33.6 |
86.5 |
86.8 |
88.3 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
16.9 |
22.3 |
|
18.9 |
-0.7 |
20. Gross capital formation to total uses of funds |
|
32.2 |
40.9 |
|
38.8 |
10.5 |
21. External sources of funds to total sources of funds |
|
72.4 |
82.8 |
|
81.6 |
91.4 |
22. Increase in bank borrowings to total external sources |
|
22.8 |
31.9 |
|
33.3 |
-13.0 |
23. Gross savings to gross capital formation |
|
63.7 |
42.7 |
|
41.7 |
154.9 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
7.5 |
8.3 |
7.0 |
6.1 |
7.2 |
6.6 |
25 Gross profit (PBIT) to sales |
19.7 |
21.5 |
18.1 |
3.4 |
4.0 |
3.7 |
26 Profit after tax to net worth |
11.0 |
11.8 |
9.0 |
4.1 |
7.6 |
7.9 |
27 PBDIT to sales |
-33.0 |
-28.9 |
-14.3 |
0.1 |
1.3 |
1.3 |
28 Tax provision to profit before tax** |
24.3 |
26.6 |
28.3 |
33.4 |
29.1 |
26.4 |
29 Profit retained to profit after tax** |
88.5 |
88.7 |
86.6 |
71.1 |
78.3 |
82.8 |
30 Dividends to net worth |
1.1 |
1.2 |
1.0 |
2.0 |
1.9 |
1.5 |
31 Ordinary dividends to ordinary paid-up capital |
16.2 |
16.9 |
16.7 |
8.9 |
9.5 |
8.0 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Hotels & Restaurants (42) |
Transport, Storage and Communications (51) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
74 |
75 |
76 |
77 |
78 |
79 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
62.6 |
60.9 |
60.2 |
42.0 |
42.3 |
43.1 |
2. Net worth to total net assets |
49.4 |
43.9 |
46.0 |
43.1 |
44.8 |
42.7 |
3. Debt to equity |
63.5 |
82.1 |
73.4 |
59.6 |
60.1 |
57.8 |
4. Debt to equity (equity adjusted for revaluation reserve) |
76.8 |
99.5 |
86.1 |
60.7 |
61.1 |
58.7 |
5. Short term bank borrowings to inventories |
287.1 |
249.0 |
232.7 |
# |
# |
# |
6. Total outside liabilities to net worth |
102.4 |
127.6 |
117.6 |
131.8 |
123.4 |
134.2 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.2 |
1.3 |
1.1 |
0.9 |
1.0 |
0.8 |
8. Quick assets to current liabilities |
45.1 |
60.6 |
54.6 |
35.8 |
32.8 |
26.2 |
9. Current assets to total net assets |
23.3 |
23.7 |
23.2 |
29.0 |
27.5 |
25.7 |
10. Sundry creditors to current assets |
15.7 |
15.6 |
13.4 |
33.0 |
35.1 |
39.1 |
11. Sundry creditors to net working capital |
87.0 |
60.7 |
105.2 |
-458.8 |
# |
-147.1 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
26.7 |
21.8 |
22.5 |
38.6 |
38.3 |
38.2 |
13. Sales to gross fixed assets |
35.3 |
29.6 |
31.0 |
70.8 |
65.6 |
62.9 |
14. Inventories to sales |
3.4 |
3.5 |
3.5 |
1.7 |
1.8 |
1.8 |
15. Sundry debtors to sales |
17.8 |
23.2 |
23.9 |
9.1 |
9.2 |
9.5 |
16. Exports to sales |
1.5 |
0.0 |
0.1 |
0.3 |
0.8 |
0.8 |
17. Gross value added to gross fixed assets |
19.4 |
15.4 |
15.9 |
20.9 |
23.1 |
19.2 |
18. Raw materials consumed to value of production |
1.8 |
2.3 |
1.8 |
0.9 |
0.4 |
0.5 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
53.8 |
58.8 |
|
114.0 |
62.1 |
20. Gross capital formation to total uses of funds |
|
53.7 |
59.7 |
|
115.3 |
62.6 |
21. External sources of funds to total sources of funds |
|
80.6 |
81.0 |
|
-2.1 |
76.6 |
22. Increase in bank borrowings to total external sources |
|
34.0 |
22.5 |
|
# |
44.9 |
23. Gross savings to gross capital formation |
|
39.2 |
35.7 |
|
141.1 |
57.2 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
7.5 |
4.6 |
4.8 |
4.3 |
5.3 |
3.7 |
25 Gross profit (PBIT) to sales |
27.9 |
21.3 |
21.5 |
11.3 |
13.9 |
9.8 |
26 Profit after tax to net worth |
8.1 |
5.3 |
4.1 |
10.5 |
6.6 |
4.7 |
27 PBDIT to sales |
27.5 |
25.2 |
23.7 |
15.8 |
18.1 |
16.6 |
28 Tax provision to profit before tax** |
34.6 |
30.9 |
37.2 |
7.9 |
10.3 |
8.5 |
29 Profit retained to profit after tax** |
71.5 |
57.2 |
48.6 |
93.5 |
92.5 |
84.9 |
30 Dividends to net worth |
2.4 |
2.2 |
2.2 |
1.0 |
0.8 |
0.8 |
31 Ordinary dividends to ordinary paid-up capital |
28.0 |
25.3 |
27.4 |
7.5 |
6.6 |
6.0 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Contd.) |
(Per cent) |
Item |
Real Estate Activities (37) |
Computer and Related Activities (138) |
2008-09 |
2009-10 |
2010-11 |
2008-09 |
2009-10 |
2010-11 |
1 |
80 |
81 |
82 |
83 |
84 |
85 |
A Capital structure ratios |
|
|
|
|
|
|
1. Net fixed assets to total net assets |
11.0 |
10.2 |
9.7 |
18.7 |
15.8 |
15.5 |
2. Net worth to total net assets |
40.0 |
44.1 |
42.2 |
66.1 |
67.5 |
70.6 |
3. Debt to equity |
55.5 |
53.0 |
51.9 |
10.1 |
9.0 |
9.1 |
4. Debt to equity (equity adjusted for revaluation reserve) |
55.8 |
53.3 |
52.1 |
10.1 |
9.0 |
9.1 |
5. Short term bank borrowings to inventories |
33.8 |
25.3 |
33.7 |
# |
# |
404.5 |
6. Total outside liabilities to net worth |
150.2 |
126.6 |
136.7 |
51.4 |
48.1 |
41.7 |
B Liquidity ratios |
|
|
|
|
|
|
7. Current assets to current liabilities * |
1.7 |
2.1 |
1.8 |
2.0 |
2.3 |
2.7 |
8. Quick assets to current liabilities |
33.6 |
53.7 |
39.7 |
147.0 |
158.3 |
188.0 |
9. Current assets to total net assets |
65.5 |
66.7 |
63.9 |
54.6 |
58.2 |
60.7 |
10. Sundry creditors to current assets |
9.3 |
8.9 |
11.1 |
12.3 |
11.1 |
10.0 |
11. Sundry creditors to net working capital |
21.9 |
17.4 |
25.0 |
24.2 |
20.0 |
15.9 |
C Assets utilisation and turnover ratios |
|
|
|
|
|
|
12. Sales to total net assets |
20.0 |
21.2 |
18.8 |
84.9 |
75.3 |
78.2 |
13. Sales to gross fixed assets |
157.4 |
177.6 |
163.3 |
292.9 |
286.9 |
298.1 |
14. Inventories to sales |
107.8 |
89.6 |
93.4 |
1.0 |
1.3 |
1.4 |
15. Sundry debtors to sales |
43.7 |
46.1 |
59.0 |
22.1 |
21.2 |
22.3 |
16. Exports to sales |
1.7 |
2.6 |
6.2 |
1.0 |
2.2 |
2.1 |
17. Gross value added to gross fixed assets |
72.1 |
65.0 |
70.7 |
201.2 |
195.5 |
202.8 |
18. Raw materials consumed to value of production |
19.8 |
21.1 |
24.5 |
7.2 |
6.8 |
6.5 |
D Sources and uses of funds ratios @ |
|
|
|
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
6.2 |
9.0 |
|
11.4 |
25.2 |
20. Gross capital formation to total uses of funds |
|
7.0 |
18.5 |
|
12.8 |
27.0 |
21. External sources of funds to total sources of funds |
|
36.3 |
75.2 |
|
19.8 |
15.7 |
22. Increase in bank borrowings to total external sources |
|
24.8 |
31.9 |
|
37.7 |
22.5 |
23. Gross savings to gross capital formation |
|
349.6 |
107.4 |
|
# |
376.3 |
E Profitability and profit allocation ratios |
|
|
|
|
|
|
24 Gross profit (PBIT) to total net assets |
8.1 |
6.1 |
6.8 |
19.1 |
20.2 |
20.8 |
25 Gross profit (PBIT) to sales |
40.6 |
28.8 |
36.0 |
22.5 |
26.9 |
26.6 |
26 Profit after tax to net worth |
12.2 |
8.7 |
8.6 |
23.7 |
23.7 |
22.4 |
27 PBDIT to sales |
29.1 |
21.5 |
25.9 |
22.7 |
27.0 |
26.1 |
28 Tax provision to profit before tax** |
17.9 |
20.0 |
23.0 |
18.3 |
22.1 |
23.3 |
29 Profit retained to profit after tax** |
86.7 |
69.1 |
75.5 |
74.9 |
68.0 |
62.5 |
30 Dividends to net worth |
1.5 |
1.5 |
1.5 |
6.0 |
7.8 |
8.5 |
31 Ordinary dividends to ordinary paid-up capital |
22.0 |
22.7 |
24.1 |
112.5 |
162.1 |
191.7 |
Statement 12: Select Financial Ratios of the select 2,072 Large Public Limited Companies, Industry-wise, 2007-08 to 2009-10 (Concld.) |
(Per cent) |
Item |
All Industries (2072) |
2008-09 |
2009-10 |
2010-11 |
1 |
86 |
87 |
88 |
A Capital structure ratios |
|
|
|
1. Net fixed assets to total net assets |
39.8 |
38.2 |
34.6 |
2. Net worth to total net assets |
43.9 |
45.9 |
45.6 |
3. Debt to equity |
42.6 |
41.4 |
38.6 |
4. Debt to equity (equity adjusted for revaluation reserve) |
44.0 |
42.5 |
39.5 |
5. Short term bank borrowings to inventories |
117.3 |
87.8 |
91.4 |
6. Total outside liabilities to net worth |
128.0 |
117.8 |
119.2 |
B Liquidity ratios |
|
|
|
7. Current assets to current liabilities * |
1.1 |
1.2 |
1.2 |
8. Quick assets to current liabilities |
51.3 |
56.0 |
56.7 |
9. Current assets to total net assets |
42.0 |
42.5 |
45.6 |
10. Sundry creditors to current assets |
27.1 |
27.0 |
26.9 |
11. Sundry creditors to net working capital |
234.0 |
149.5 |
135.4 |
C Assets utilisation and turnover ratios |
|
|
|
12. Sales to total net assets |
68.5 |
69.0 |
72.2 |
13. Sales to gross fixed assets |
123.2 |
126.1 |
142.3 |
14. Inventories to sales |
15.4 |
16.0 |
16.1 |
15. Sundry debtors to sales |
14.6 |
14.9 |
15.0 |
16. Exports to sales |
19.2 |
18.1 |
18.9 |
17. Gross value added to gross fixed assets |
29.8 |
32.9 |
34.5 |
18. Raw materials consumed to value of production |
51.5 |
52.5 |
55.0 |
D Sources and uses of funds ratios @ |
|
|
|
19. Gross fixed assets formation to total uses of funds |
|
38.4 |
24.0 |
20. Gross capital formation to total uses of funds |
|
50.6 |
37.3 |
21. External sources of funds to total sources of funds |
|
43.5 |
60.6 |
22. Increase in bank borrowings to total external sources |
|
3.7 |
28.2 |
23. Gross savings to gross capital formation |
|
109.4 |
116.8 |
E Profitability and profit allocation ratios |
|
|
|
24 Gross profit (PBIT) to total net assets |
8.8 |
10.2 |
9.7 |
25 Gross profit (PBIT) to sales |
12.8 |
14.8 |
13.5 |
26 Profit after tax to net worth |
12.9 |
14.0 |
13.4 |
27 PBDIT to sales |
11.6 |
13.7 |
13.0 |
28 Tax provision to profit before tax** |
23.7 |
25.4 |
25.8 |
29 Profit retained to profit after tax** |
75.7 |
73.4 |
71.5 |
30 Dividends to net worth |
2.8 |
3.5 |
3.5 |
31 Ordinary dividends to ordinary paid-up capital |
35.4 |
46.3 |
50.5 |
APPENDIX Explanatory Notes to Various Statements • Internal Sources: These are own sources comprising Capitalised reserves, Retained Profits, Depreciation Provision and other provisions. • External Sources: These are other than own sources comprising funds raised from capital markets, borrowed funds, trade dues and other current liabilities and miscellaneous non-current liabilities. • The growth rates of all the items and data on sources and uses of funds are adjusted for changes due to amalgamation of companies. These are also adjusted for revaluation, etc., wherever necessary. • Due to rounding off of figures, the constituent items may not add up to the totals. • Sales are net of ‘rebates and discounts’ and ‘excise duty and cess’. • Manufacturing expenses comprise (a) raw materials, components, etc. consumed, (b) stores and spares consumed, (c) power and fuel and (d) other manufacturing expenses. • ‘Raw materials, components, etc., consumed’ includes purchase of traded goods in the case of trading companies and consumption of stores and provisions for hotels, restaurants and eating houses. • ‘Other manufacturing expenses’ include expenses like construction expenses of construction companies, operating expenses of shipping companies, etc. • Remuneration to employees comprises (a) salaries, wages and bonus, (b) provident fund and (c) employees’ welfare expenses. • Non-operating surplus/deficit comprises (a) profit/loss on account of (i) sale of fixed assets, investments, etc., and (ii) revaluation/devaluation of foreign currencies, (b) provisions no longer required written back, (c) insurance claims realised and (d) income or expenditure relating to the previous years and such other items of noncurrent nature. • PBDIT is profit before depreciation provision, interest and tax, however other income and nonoperating surplus/deficit are excluded. • Gross profits (PBIT) are net of depreciation provision but before interest. • Gross saving is measured as the sum of retained profits and depreciation provision. • Gross value added comprises (a) net value added and (b) depreciation provision. • Net value added comprises (a) salaries, wages and bonus, (b) provident fund, (c) employees’ welfare expenses, (d) managerial remuneration, (e) rent paid net of rent received, (f) interest paid net of interest received, (g) tax provision, (h) dividends paid net of dividends received and (i) retained profits net of non-operating surplus/deficit. • Debt comprises (a) all borrowings from Govt. and semi-Govt. bodies, financial institutions other than banks, and from foreign institutional agencies, (b) borrowings from banks against mortgages and other long term securities, (c) borrowings from companies and others against mortgages and other long term securities, (d) debentures, deferred payment liabilities and public deposits. • Equity or Net worth comprises (a) paid-up capital, (b) forfeited shares and (c) all reserves and surplus. • Current assets comprise (a) inventories, (b) loans and advances and other debtor balances, (c) book value of quoted investments, (d) cash and bank balances and (e) advance of income-tax in excess of tax provision. • Current liabilities comprise (a) short term borrowings from banks, (b) unsecured loans and other short term borrowings from companies and others, (c) trade dues and other current liabilities and (d) tax provision in excess of advance of income-tax and other current provisions. • Quick assets comprise (a) sundry debtors, (b) book value of quoted investments and (c) cash and bank balances.
|