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Finances of Large Public Limited Companies, 1997-98 (Part 2 of 5)

Table 8 : Selected Financial Ratios of the Selected 807 Large Public Limited Companies According to the Size of Sales, 1995-96 to 1997-98

 
 
 
 
 
 
 
 

(Per cent)


Sales-range /

Net fixed assets to

Net Worth to

Total outside liabilities

Capital structure ratios

total net assets


total net assets


to net worth


 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Less than Rs.25 crore

41.5

42.8

43.4

31.2

30.0

28.0

220.9

233.3

257.1

Rs.25 crore - Rs.50 crore

40.8

44.7

47.3

31.6

33.8

32.0

216.0

196.2

212.9

Rs.50 crore - Rs.100 crore

41.5

43.5

45.0

41.6

41.7

40.0

140.3

139.6

150.2

Rs.100 crore - Rs.500 crore

42.0

45.0

49.1

40.8

39.8

39.1

145.2

151.5

155.8

Rs.500 crore - Rs.1000 crore

43.6

45.2

47.0

44.5

44.1

42.6

124.7

126.8

134.7

Rs.1000 crore and above


50.2


50.1


52.6


45.1


42.7


43.0


121.7


134.4


132.6


Total


45.8


47.2


50.0


42.9


41.6


41.1


132.9


140.5


143.2


Sales-range /

Debt to equity

Debt to equity (adjusted

Short-term bank

Capital structure ratios

 

for revaluation)


borrowing to inventories


 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Less than Rs.25 crore

63.8

67.7

78.5

62.9

68.6

81.3

73.4

73.7

64.2

Rs.25 crore - Rs.50 crore

69.9

67.9

81.3

70.2

71.7

82.4

67.1

68.1

72.2

Rs.50 crore - Rs.100 crore

48.1

49.9

54.5

51.1

50.9

55.8

66.0

65.1

73.7

Rs.100 crore - Rs.500 crore

53.4

57.6

62.8

53.8

58.8

63.8

57.3

60.0

63.1

Rs.500 crore - Rs.1000 crore

59.7

59.0

66.3

60.5

59.0

66.8

66.0

70.8

68.9

Rs.1000 crore and above


57.8


60.7


54.9


57.7


61.4


57.1


66.7


70.1


75.2


Total


56.9


59.3


60.0


57.3


60.0


61.6


63.5


66.3


69.4


Sales-range /

Current assets to

Quick assets to

Current assets to

Liquidity ratios

current liabilities*


current liabilities


total net assets


 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Less than Rs.25 crore

1.1

1.1

1.1

49.3

44.5

42.3

54.5

53.1

52.4

Rs.25 crore - Rs.50 crore

1.2

1.2

1.2

49.5

50.6

49.0

56.5

52.4

49.2

Rs.50 crore - Rs.100 crore

1.4

1.4

1.3

63.2

58.0

55.7

54.6

51.8

50.6

Rs.100 crore - Rs.500 crore

1.4

1.4

1.3

58.1

55.1

54.0

53.4

50.6

45.8

Rs.500 crore - Rs.1000 crore

1.6

1.6

1.5

66.7

60.2

62.4

47.5

46.2

44.0

Rs.1000 crore and above


1.5


1.3


1.1


59.2


56.8


49.9


41.8


39.9


36.3


Total


1.5


1.3


1.2


59.7


56.3


53.2


47.5


45.3


41.7


Sales-range /

Sundry creditors to

Sundry creditors to net

 

Liquidity ratios

current assets


working capital


 
 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


 
 
 

Less than Rs.25 crore

26.2

25.8

26.6

243.0

371.6

534.8

     

Rs.25 crore - Rs.50 crore

29.6

30.1

29.8

160.3

169.6

199.1

     

Rs.50 crore - Rs.100 crore

26.0

28.1

26.2

86.5

100.4

106.3

     

Rs.100 crore - Rs.500 crore

25.7

24.6

26.2

84.7

92.6

125.3

     

Rs.500 crore - Rs.1000 crore

22.2

21.3

22.1

56.5

59.7

64.9

     

Rs.1000 crore and above


29.1


29.6


32.4


91.5


137.0


385.2


 
 
 

Total


26.5


26.4


28.0


83.5


102.6


152.7


 
 
 

Sales-range /

Sales to total net

Sales to gross fixed

Inventories to

 

Asset utilization & turnover ratios

assets


assets


sales


 

 


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


 
 
 

Less than Rs.25 crore

70.8

69.6

54.0

123.9

115.9

87.6

27.5

27.7

37.8

     

Rs.25 crore - Rs.50 crore

85.3

81.1

72.1

137.2

122.0

103.3

27.2

26.2

27.3

     

Rs.50 crore - Rs.100 crore

86.3

82.6

79.1

142.6

129.3

117.8

23.0

23.1

23.5

     

Rs.100 crore - Rs.500 crore

84.4

78.2

72.9

139.9

124.2

107.5

23.5

23.0

22.9

     

Rs.500 crore - Rs.1000 crore

68.9

68.5

65.0

112.6

106.3

97.0

20.1

19.2

20.0

     

Rs.1000 crore and above


69.5


66.7


63.5


103.1


97.7


88.0


18.3


17.3


16.3


 
 
 

Total


75.0


71.6


67.3


118.0


109.0


96.7


21.0


20.2


20.0


 
 
 

Sales-range /

Sundry debtors to

Exports to sales

Gross value added

Raw materials to

Asset utilization & turnover ratios

sales


 

to gross fixed assets


value of production


 


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Less than Rs.25 crore

28.0

26.7

31.9

6.3

7.2

7.0

31.6

26.9

21.0

51.1

49.5

46.3

Rs.25 crore - Rs.50 crore

21.4

21.7

22.5

10.4

9.8

9.6

34.5

30.0

24.1

51.9

48.9

48.1

Rs.50 crore - Rs.100 crore

22.3

21.0

20.7

11.8

13.0

13.0

33.6

29.7

26.4

53.5

51.6

51.4

Rs.100 crore - Rs.500 crore

18.4

19.3

18.9

9.7

10.3

10.3

34.0

30.6

25.5

51.0

50.0

48.6

Rs.500 crore - Rs.1000 crore

17.4

16.8

18.2

7.6

7.6

7.9

29.9

27.2

25.4

44.4

44.7

45.0

Rs.1000 crore and above


15.4


18.3


16.7


7.5


6.9


7.1


28.0


25.0


22.2


46.7


50.4


48.9


Total


17.6


18.8


18.2


8.5


8.5


8.6


30.5


27.3


23.9


48.3


49.3


48.2


Sales-range /

Gross profits to

Gross profits to

Profits after tax to

 

Profitability ratios

total net assets


sales


net worth


 
 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


 
 
 

Less than Rs.25 crore

7.8

5.0

2.5

11.0

7.2

4.7

9.3

- 1.8

- 10.8

     

Rs.25 crore - Rs.50 crore

10.5

8.3

6.0

12.3

10.2

8.3

14.6

4.7

4.2

     

Rs.50 crore - Rs.100 crore

10.6

8.2

6.4

12.3

9.9

8.1

12.5

4.5

0.6

     

Rs.100 crore - Rs.500 crore

10.8

9.2

7.4

12.8

11.8

10.1

14.3

8.7

5.5

     

Rs.500 crore - Rs.1000 crore

11.9

10.3

9.4

17.3

15.0

14.5

15.0

10.6

10.2

     

Rs.1000 crore and above


12.5


10.7


9.4


18.0


16.0


14.8


16.8


13.6


11.1


 
 
 

Total


11.7


9.9


8.5


15.6


13.8


12.6


15.4


10.8


8.5


 
 
 

Sales-range /

Tax provision to

Profits retained to

Dividends to net worth

Dividends to

Profitability ratios

profits before tax


profits after tax


 

ordinary paid-up capital


 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Less than Rs.25 crore

26.3

185.5

- 36.4

61.9

273.8

120.1

3.5

3.1

2.2

6.6

5.5

3.5

Rs.25 crore - Rs.50 crore

22.8

46.9

48.4

72.4

35.1

26.7

4.0

3.1

3.1

10.9

8.9

9.1

Rs.50 crore - Rs.100 crore

20.3

42.4

82.3

70.2

36.4 -

305.3

3.7

2.9

2.4

15.3

12.0

9.8

Rs.100 crore - Rs.500 crore

20.1

31.1

37.4

73.1

61.6

47.0

3.9

3.3

2.9

20.5

17.2

15.7

Rs.500 crore - Rs.1000 crore

19.3

24.8

23.5

68.3

56.4

57.4

4.8

4.6

4.3

24.8

24.9

25.1

Rs.1000 crore and above


19.0


22.3


21.1


76.8


73.1


72.7


3.9


3.6


3.0


46.9


46.6


37.4


Total


19.5


26.0


26.6


73.7


65.9


62.4


4.1


3.7


3.2


26.4


24.5


22.0


*

Actual ratio of current assets to current liabilities.

Table 9 : Selected Financial Ratios of the Selected 807 Large Public Limited Companies According to the Size of Paid-Up Capital, 1995-96 to 1997-98

 
 
 
 
 
 
 
 

(Per cent)


PUC-range /

Net fixed assets to

Net Worth to

Total outside liabilities

Capital structure ratios

total net assets


total net assets


to net worth


 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Rs.1 crore - Rs.2 crore

34.0

35.0

38.7

32.7

36.7

38.5

205.5

172.7

159.4

Rs.2 crore - Rs.5 crore

35.7

36.9

38.1

33.7

34.6

35.9

196.3

189.2

178.8

Rs.5 crore - Rs.10 crore

38.2

41.8

42.3

39.1

39.2

37.6

156.1

154.8

165.7

Rs.10 crore - Rs.25 crore

38.7

40.1

41.6

39.7

40.4

41.5

152.1

147.5

140.7

Rs.25 crore - Rs.50 crore

41.4

42.4

41.5

44.9

40.0

38.0

122.5

150.1

163.2

Rs.50 crore - Rs.100 crore

53.0

55.5

57.9

42.6

49.1

45.5

135.0

103.5

119.7

Rs.100 crore and above


51.8


50.9


55.0


46.3


41.2


41.7


116.0


142.5


140.0


Total


45.8


47.2


50.0


42.9


41.6


41.1


132.9


140.5


143.2


PUC-range/

Debt to equity

Debt to equity (adjusted

Short-term bank

Capital structure ratios

 

for revaluation)


borrowing to inventories


 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Rs.1 crore - Rs.2 crore

55.2

42.5

40.0

54.2

43.9

43.5

59.6

62.9

66.3

Rs.2 crore - Rs.5 crore

51.4

49.7

47.9

53.2

50.5

49.6

67.5

67.6

67.1

Rs.5 crore - Rs.10 crore

47.4

54.1

62.7

47.5

54.4

63.8

53.4

62.3

65.6

Rs.10 crore - Rs.25 crore

50.6

48.8

49.5

51.3

49.5

49.6

59.2

54.6

60.5

Rs.25 crore - Rs.50 crore

49.6

60.5

68.2

50.3

61.3

69.3

66.4

71.8

73.9

Rs.50 crore - Rs.100 crore

66.9

52.5

57.5

66.9

52.9

57.9

73.4

86.2

93.2

Rs.100 crore and above


61.6


67.6


62.6


61.6


68.5


65.3


62.6


62.6


64.6


Total


56.9


59.3


60.0


57.3


60.0


61.6


63.5


66.3


69.4


PUC-range/

Current assets to

Quick assets to

Current assets to

Liquidity ratios

current liabilities*


current liabilities


total net assets


 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Rs.1 crore - Rs.2 crore

1.3

1.3

1.3

56.4

58.7

56.0

64.1

62.7

58.5

Rs.2 crore - Rs.5 crore

1.3

1.2

1.2

52.8

52.1

53.3

61.1

59.1

57.5

Rs.5 crore - Rs.10 crore

1.4

1.4

1.4

54.9

58.0

60.3

58.5

54.5

54.3

Rs.10 crore - Rs.25 crore

1.4

1.4

1.4

54.5

53.7

56.2

55.9

54.1

52.5

Rs.25 crore - Rs.50 crore

1.5

1.4

1.4

60.0

58.8

61.4

49.5

51.1

50.1

Rs.50 crore - Rs.100 crore

1.4

1.5

1.2

60.4

62.1

51.4

41.5

36.1

33.6

Rs.100 crore and above


1.6


1.3


1.1


67.0


54.5


47.9


40.0


39.5


34.6


Total


1.5


1.3


1.2


59.7


56.3


53.2


47.5


45.3


41.7


PUC-range/

Sundry creditors to

Sundry creditors to net

 

Liquidity ratios

current assets


working capital


 
 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


 
 
 

Rs.1 crore - Rs.2 crore

32.6

31.9

31.8

132.2

131.8

147.4

     

Rs.2 crore - Rs.5 crore

30.0

29.9

29.0

146.8

157.9

153.1

     

Rs.5 crore - Rs.10 crore

30.5

29.3

28.3

109.2

106.2

98.7

     

Rs.10 crore - Rs.25 crore

27.4

27.1

26.5

97.5

102.4

94.5

     

Rs.25 crore - Rs.50 crore

24.6

25.9

26.7

72.0

85.9

94.6

     

Rs.50 crore - Rs.100 crore

23.9

23.2

26.8

77.8

73.7

159.4

     

Rs.100 crore and above


25.5


25.5


29.0


67.8


116.9


413.4


 
 
 

Total


26.5


26.4


28.0


83.5


102.6


152.7


 
 
 

PUC-range/

Sales to total net

Sales to gross fixed

Inventories to

 

Asset utilization & turnover ratios

assets


assets


sales


 

 


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


 
 
 

Rs.1 crore - Rs.2 crore

131.0

135.8

134.8

229.7

230.1

210.6

21.0

17.9

16.9

     

Rs.2 crore - Rs.5 crore

113.3

114.3

110.7

197.3

193.3

180.6

22.1

21.4

21.0

     

Rs.5 crore - Rs.10 crore

101.0

93.2

88.7

175.7

149.4

139.5

23.9

22.4

23.4

     

Rs.10 crore - Rs.25 crore

95.7

95.0

91.8

160.6

156.9

142.8

21.3

21.3

21.8

     

Rs.25 crore - Rs.50 crore

76.2

82.1

80.1

124.9

131.1

131.0

21.5

20.7

20.0

     

Rs.50 crore - Rs.100 crore

61.2

57.1

57.2

88.2

77.5

73.9

20.7

18.6

18.0

     

Rs.100 crore and above


56.5


53.2


49.8


84.8


79.2


68.2


18.7


19.0


18.9


 
 
 

Total


75.0


71.6


67.3


118.0


109.0


96.7


21.0


20.2


20.0


 
 
 

PUC-range/

Sundry debtors to

Exports to sales

Gross value added

Raw materials to

Asset utilization & turnover ratios

sales


 

to gross fixed assets


value of production


 


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Rs.1 crore - Rs.2 crore

16.6

16.4

15.0

5.1

5.9

6.1

49.8

52.9

46.9

58.0

55.6

55.7

Rs.2 crore - Rs.5 crore

18.2

17.8

17.9

8.6

9.6

9.4

41.0

40.7

38.2

56.4

54.8

55.2

Rs.5 crore - Rs.10 crore

17.0

18.9

20.6

8.9

10.8

10.7

38.5

35.1

31.9

55.6

51.5

51.4

Rs.10 crore - Rs.25 crore

17.0

17.2

16.6

9.0

9.4

9.0

36.6

35.2

32.3

52.6

54.7

51.5

Rs.25 crore - Rs.50 crore

18.6

18.7

20.7

12.2

11.6

12.1

32.5

29.9

27.4

48.8

50.7

54.1

Rs.50 crore - Rs.100 crore

16.6

17.0

18.1

6.7

7.8

9.3

24.6

22.8

20.0

42.6

41.0

39.7

Rs.100 crore and above


17.7


20.9


17.3


6.5


5.5


5.6


26.0


22.2


19.4


40.6


45.9


43.8


Total


17.6


18.8


18.2


8.5


8.5


8.6


30.5


27.3


23.9


48.3


49.3


48.2


PUC-range/

Gross profits to

Gross profits to

Profits after tax to

 

Profitability ratios

total net assets


sales


net worth


 
 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


 
 
 

Rs.1 crore - Rs.2 crore

11.9

11.7

10.2

9.1

8.6

7.6

14.0

10.1

7.9

     

Rs.2 crore - Rs.5 crore

10.6

10.4

9.9

9.3

9.1

8.9

12.6

9.2

10.0

     

Rs.5 crore - Rs.10 crore

11.9

10.3

8.9

11.7

11.0

10.0

15.6

9.9

7.5

     

Rs.10 crore - Rs.25 crore

12.0

10.7

9.0

12.5

11.3

9.8

16.8

10.6

7.2

     

Rs.25 crore - Rs.50 crore

11.6

9.3

7.3

15.2

11.3

9.1

13.9

8.3

5.9

     

Rs.50 crore - Rs.100 crore

11.7

10.8

8.2

19.1

18.9

14.3

16.6

11.2

7.2

     

Rs.100 crore and above


11.8


9.4


8.6


20.8


17.6


17.2


15.8


12.0


10.3


 
 
 

Total


11.7


9.9


8.5


15.6


13.8


12.6


15.4


10.8


8.5


 
 
 

PUC-range/

Tax provision to

Profits retained to

Dividends to net worth

Dividends to

Profitability ratios

profits before tax


profits after tax


 

ordinary paid-up capital


 

1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


1995-96


1996-97


1997-98


Rs.1 crore - Rs.2 crore

39.0

44.4

45.4

76.9

68.8

70.2

3.2

3.1

2.4

18.2

19.0

16.3

Rs.2 crore - Rs.5 crore

30.1

37.9

32.0

74.7

68.6

74.5

3.2

2.9

2.5

16.6

15.8

14.9

Rs.5 crore - Rs.10 crore

24.3

32.6

34.2

77.3

68.7

62.4

3.5

3.1

2.8

21.8

19.8

17.7

Rs.10 crore - Rs.25 crore

21.7

32.5

39.3

72.8

63.4

49.5

4.6

3.9

3.6

22.1

20.6

20.0

Rs.25 crore - Rs.50 crore

22.8

29.9

36.0

75.8

59.8

43.3

3.4

3.4

3.3

28.0

23.3

20.9

Rs.50 crore - Rs.100 crore

16.9

23.7

22.8

73.6

74.5

66.3

4.4

2.9

2.4

32.1

26.6

22.1

Rs.100 crore and above


14.9


20.7


20.4


72.0


63.7


65.6


4.4


4.4


3.5


28.1


28.1


24.8


Total


19.5


26.0


26.6


73.7


65.9


62.4


4.1


3.7


3.2


26.4


24.5


22.0


*

Actual ratio of current assets to current liabilities.

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