Electrical machinery,

Machinery other than

apparatus, appliances,

transport and

etc. @@ (53)

electricals @@ (62)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

26

27

28

29

30

31

A.

Capital structure ratios

1.

Net fixed assets to total net assets

22.6

20.2

20.8

26.2

26.0

28.0

2.

Net worth to total net assets

29.3

32.5

34.2

33.7

34.1

37.2

3.

Debt to equity

30.3

24.6

18.4

19.5

18.1

14.5

4.

Debt to equity

32.9

26.6

19.6

20.5

18.7

15.6

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

103.6

87.4

78.6

46.9

47.4

48.8

6.

Total outside liabilities to net worth

241.7

207.4

192.0

197.0

192.9

168.6

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.2

1.3

1.3

1.2

1.2

1.2

8.

Quick assets to current liabilities

62.6

71.9

64.6

55.3

53.2

51.1

9.

Current assets to total net assets

74.0

76.8

76.2

71.0

71.3

69.4

10.

Sundry creditors to current assets

25.6

28.1

26.3

30.2

29.5

27.5

11.

Sundry creditors to net working capital

154.0

123.4

118.6

188.8

179.1

155.8

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

117.8

108.0

105.1

107.4

105.0

101.1

13.

ales to gross fixed assets

267.7

273.6

255.6

257.0

257.2

231.4

14.

Inventories to sales

19.4

21.3

25.2

25.6

27.9

28.4

15.

Sundry debtors to sales

22.3

30.8

27.0

22.6

24.0

23.0

16.

Exports to sales

8.7

9.4

10.0

4.5

4.3

4.8

17.

Gross value added to gross fixed assets

58.3

62.7

63.9

71.2

69.3

64.4

18.

Raw materials consumed to value of production

63.2

62.7

60.4

50.2

51.5

49.8

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

21.7

44.1

32.7

51.1

20.

Gross capital formation to total uses of funds

42.8

90.9

65.8

73.2

21.

External sources of funds to total sources of funds

81.4

57.7

66.2

33.4

22.

Increase in bank borrowings to total external sources

11.1

38.2

33.9

26.7

23.

Gross savings to gross capital formation

46.3

48.8

60.2

93.0

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

9.3

8.9

9.7

14.1

12.8

11.8

25.

Gross profits to sales

7.9

8.3

9.2

13.1

12.2

11.7

26.

Profits after tax to net worth

14.3

6.5

8.1

21.2

20.3

13.2

27.

Tax provision to profits before tax

31.6

55.9

41.0

36.6

32.4

39.2

28.

Profits retained to profits after tax

76.9

71.2

73.3

80.2

81.6

71.1

29.

Dividends to net worth

3.3

1.9

2.1

4.2

3.7

3.8

30.

Ordinary dividends to ordinary paid-up capital

7.6

4.7

5.6

14.3

13.2

13.1

Foundries and

Ferrous/ non-ferrous

engineering workshops

metal products @@ (49)

@@ (19)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

32

33

34

35

36

37

A.

Capital structure ratios

1.

Net fixed assets to total net assets

26.4

26.3

24.4

27.5

23.7

25.9

2.

Net worth to total net assets

26.2

24.8

24.9

32.8

30.6

31.2

3.

Debt to equity

42.1

36.1

32.2

26.7

23.3

16.9

4.

Debt to equity

48.0

40.0

34.8

29.3

24.9

17.8

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

61.7

52.5

52.6

75.0

87.4

84.3

6.

Total outside liabilities to net worth

281.7

304.0

302.3

205.3

226.9

220.8

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.2

1.1

1.1

1.2

1.2

1.1

8.

Quick assets to current liabilities

54.2

51.6

52.0

60.1

68.5

61.6

9.

Current assets to total net assets

72.1

72.5

74.5

69.6

71.9

69.2

10.

Sundry creditors to current assets

26.0

25.6

27.1

25.0

29.0

31.2

11.

Sundry creditors to net working capital

196.0

289.3

265.7

155.1

214.5

371.9

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

127.0

138.4

132.8

146.6

143.0

125.2

13.

Sales to gross fixed assets

259.6

296.0

300.6

295.6

326.0

271.1

14.

Inventories to sales

22.7

21.1

22.3

17.8

15.0

17.3

15.

Sundry debtors to sales

22.5

21.7

23.4

19.4

23.6

23.4

16.

Exports to sales

7.0

7.4

6.5

6.5

12.7

14.1

17.

Gross value added to gross fixed assets

61.2

69.5

53.1

58.7

64.5

56.6

18.

Raw materials consumed to value of production

52.2

48.4

50.9

62.9

61.0

57.6

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

34.3

27.1

20.6

51.6

20.

Gross capital formation to total uses of funds

62.0

54.9

24.9

70.5

21.

External sources of funds to total sources of funds

77.6

66.6

70.0

57.2

22.

Increase in bank borrowings to total external sources

19.5

13.7

24.1

19.9

23.

Gross savings to gross capital formation

41.7

51.0

127.8

58.3

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

8.0

8.8

10.7

14.1

13.7

11.9

25.

Gross profits to sales

6.3

6.4

8.1

9.6

9.6

9.5

26.

Profits after tax to net worth

10.2

12.9

17.2

16.7

18.5

14.2

27.

Tax provision to profits before tax

35.1

36.2

36.5

36.3

32.8

32.9

28.

Profits retained to profits after tax

80.0

86.5

86.7

84.0

84.3

76.9

29.

Dividends to net worth

2.0

1.7

2.3

2.7

2.9

3.3

30.

Ordinary dividends to ordinary paid-up capital

5.7

5.1

7.8

8.1

8.5

9.4

Chemicals $$

Basic industrial

(93)

chemicals $$ (28)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

38

39

40

41

42

43

A.

Capital structure ratios

1.

Net fixed assets to total net assets

32.7

30.5

27.4

41.7

39.9

40.6

2.

Net worth to total net assets

27.8

28.4

24.9

28.7

29.6

33.2

3.

Debt to equity

40.3

42.7

41.2

66.5

54.9

40.5

4.

Debt to equity

45.4

46.2

43.9

70.8

57.5

41.8

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

79.0

81.8

39.6

88.4

80.8

70.8

6.

Total outside liabilities to net worth

259.6

251.7

302.4

248.4

237.3

200.9

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.0

1.1

1.1

1.0

1.1

1.1

8.

Quick assets to current liabilities

48.4

50.0

39.9

53.0

50.6

55.7

9.

Current assets to total net assets

61.5

66.7

70.2

53.8

59.0

58.5

10.

Sundry creditors to current assets

35.4

28.6

39.2

36.9

33.5

32.3

11.

Sundry creditors to net working capital

#

259.8

516.7

#

402.3

365.3

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

138.0

134.9

115.7

126.7

132.2

143.4

13.

Sales to gross fixed assets

250.6

261.6

253.2

203.1

212.7

218.5

14.

Inventories to sales

15.3

15.6

30.6

14.2

15.0

14.2

15.

Sundry debtors to sales

18.5

18.3

18.6

18.6

17.7

17.8

16.

Exports to sales

9.8

8.7

7.9

7.5

6.3

6.4

17.

Gross value added to gross fixed assets

46.1

49.0

46.8

36.4

39.7

39.7

18.

Raw materials consumed to value of production

57.6

57.8

55.8

58.9

60.7

56.3

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

34.4

26.4

46.4

66.6

20.

Gross capital formation to total uses of funds

52.7

95.5

70.2

82.6

21.

External sources of funds to total sources of funds

68.1

80.6

59.2

36.9

22.

Increase in bank borrowings to total external sources

22.0

6.2

22.9

**

23.

Gross savings to gross capital formation

68.5

21.1

66.8

81.1

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

11.7

11.6

9.3

9.7

9.9

10.0

25.

Gross profits to sales

8.5

8.6

8.0

7.7

7.5

6.9

26.

Profits after tax to net worth

16.2

20.0

13.5

15.8

14.2

11.0

27.

Tax provision to profits before tax

33.1

29.3

39.4

24.7

30.8

32.2

28.

Profits retained to profits after tax

87.9

89.6

81.8

82.6

86.7

83.5

29.

Dividends to net worth

2.0

2.1

2.5

2.7

1.9

1.8

30.

Ordinary dividends to ordinary paid-up capital

3.6

4.5

5.6

4.3

3.0

3.1

Medicines and

Rubber and rubber

pharmaceutical

products (11)

preparations $$ (30)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

44

45

46

47

48

49

A.

Capital structure ratios

1.

Net fixed assets to total net assets

26.8

23.7

19.0

31.7

28.4

31.1

2.

Net worth to total net assets

11.4

14.1

11.5

22.2

24.8

22.1

3.

Debt to equity

87.7

100.2

107.4

27.7

18.3

16.3

4.

Debt to equity

96.6

102.4

109.0

28.1

19.1

17.0

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

73.5

86.6

23.1

109.5

69.6

55.5

6.

Total outside liabilities to net worth

780.9

607.9

769.8

350.5

303.2

351.9

B.

Liquidity ratios

7.

Current assets to current liabilities *

0.8

1.0

1.0

1.0

1.0

0.9

8.

Quick assets to current liabilities

35.8

38.2

25.0

48.3

45.6

36.8

9.

Current assets to total net assets

65.6

74.4

79.0

67.8

71.3

68.7

10.

Sundry creditors to current assets

36.2

23.8

43.7

32.5

38.2

33.0

11.

Sundry creditors to net working capital

#

#

#

#

#

#

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

152.5

135.0

96.4

153.1

147.2

128.2

13.

Sales to gross fixed assets

326.3

343.5

319.6

204.0

213.1

181.5

14.

Inventories to sales

16.8

17.3

53.0

12.0

17.6

22.9

15.

Sundry debtors to sales

16.2

16.8

16.4

15.3

15.0

14.6

16.

Exports to sales

4.5

5.6

5.1

**

**

**

17.

Gross value added to gross fixed assets

62.4

68.1

68.5

50.8

50.6

42.0

18.

Raw materials consumed to value of production

56.1

53.1

49.7

56.7

59.1

58.1

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

23.2

15.6

31.6

61.9

20.

Gross capital formation to total uses of funds

41.5

105.4

79.4

102.6

21.

External sources of funds to total sources of funds

83.4

88.6

52.2

90.1

22.

Increase in bank borrowings to total external sources

21.2

**

11.6

**

23.

Gross savings to gross capital formation

53.1

10.5

64.9

22.7

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

12.4

13.1

10.0

14.2

10.4

7.0

25.

Gross profits to sales

8.1

9.7

10.4

9.3

7.1

5.4

26.

Profits after tax to net worth

21.3

38.8

28.6

18.1

25.4

0.5

27.

Tax provision to profits before tax

55.6

31.3

43.8

50.2

33.9

93.2

28.

Profits retained to profits after tax

81.8

88.2

82.0

75.8

82.9

**

29.

Dividends to net worth

3.9

4.6

5.1

4.4

4.3

4.8

30.

Ordinary dividends to ordinary paid-up capital

5.2

9.9

13.9

10.1

6.4

6.7

Note :

Figures in brackets represent the number of companies.

@

Adjusted for revaluation, etc.

*

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

**

Numerator is negative or nil or negligible.

#

Denominator is negative or nil or negligible.

##

Both numerator and denominator are negative or nil or negligible.

@@

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

$$

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