TABLE 8 : SELECTED FINANCIAL RATIOS OF THE SELECTED 820 LARGE PUBLIC LIMITED COMPANIES ACCORDING TO THE SIZE OF SALES, 1996-97 TO 1998-99

(Per cent)

Sales-range/

Net fixed assets to

Net worth to

Debt to equity

Capital structure ratios

total net assets

total net assets

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Less than Rs. 25 crore

43.7

45.4

46.4

35.5

32.7

28.3

50.9

59.2

82.4

Rs. 25 crore - Rs. 50 crore

43.3

44.9

46.0

38.5

37.2

33.6

52.9

57.7

72.2

Rs. 50 crore - Rs.100 crore

40.1

41.7

41.3

39.1

40.5

41.9

48.0

51.2

48.8

Rs. 100 crore - Rs. 500 crore

43.3

46.7

45.9

42.3

40.7

39.0

56.6

62.4

70.8

Rs. 500 crore - Rs. 1000 crore

48.5

52.1

55.7

40.6

38.9

37.2

72.4

78.4

87.5

Rs. 1000 crore and above

48.3

51.6

49.3

40.6

40.5

39.4

63.4

57.6

63.3

Total

46.1

49.4

48.9

40.9

40.1

38.6

61.5

62.5

69.6

Sales-range/

Debt to equity (adjusted

Short term bank borrowings

Total outside liabilities to

Capital structure ratios

for revaluation)

to inventories

net worth

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Less than Rs. 25 crore

50.9

59.0

83.0

69.2

71.7

83.4

181.5

205.5

253.7

Rs. 25 crore - Rs. 50 crore

54.0

57.9

72.7

60.4

64.3

63.6

159.5

168.7

197.7

Rs. 50 crore - Rs.100 crore

49.4

51.1

49.5

60.0

65.4

65.2

155.9

146.9

138.5

Rs. 100 crore - Rs. 500 crore

57.9

62.9

71.1

63.3

68.2

68.0

136.2

145.7

156.5

Rs. 500 crore - Rs. 1000 crore

72.3

80.3

87.5

61.4

85.1

85.4

146.2

157.0

169.0

Rs. 1000 crore and above

64.3

61.1

63.3

81.0

77.7

82.6

146.4

147.0

153.6

Total

62.4

64.4

69.8

68.4

73.9

75.6

144.5

149.6

158.8

Sales-range/

Current assets to

Quick assets to

Current assets to

Liquidity ratios

current liabilities *

current liabilities

total net assets

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Less than Rs. 25 crore

1.1

1.0

1.0

47.8

44.4

42.3

51.0

50.1

46.6

Rs. 25 crore - Rs. 50 crore

1.3

1.3

1.2

53.7

52.6

50.7

53.4

52.2

50.7

Rs. 50 crore - Rs.100 crore

1.3

1.4

1.4

55.6

57.2

63.9

56.0

53.6

54.2

Rs. 100 crore - Rs. 500 crore

1.5

1.4

1.4

60.3

59.9

60.9

51.5

47.8

46.6

Rs. 500 crore - Rs. 1000 crore

1.5

1.4

1.3

59.6

57.5

56.2

44.8

41.2

38.2

Rs. 1000 crore and above

1.3

1.1

1.2

58.6

48.7

54.0

42.1

38.6

41.2

Total

1.4

1.2

1.3

58.7

54.2

56.6

46.7

43.3

43.3

Sales-range/

Sundry creditors to

Sundry creditors to

Liquidity ratios

current assets

net working capital

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Less than Rs. 25 crore

25.8

25.7

29.3

280.8

575.1

#

Rs. 25 crore - Rs. 50 crore

30.2

29.0

29.2

129.2

137.2

170.6

Rs. 50 crore - Rs.100 crore

24.5

25.8

25.4

98.9

93.2

82.6

Rs. 100 crore - Rs. 500 crore

22.5

23.6

23.6

64.8

80.6

81.6

Rs. 500 crore - Rs. 1000 crore

24.7

24.5

26.9

74.1

93.6

128.3

Rs. 1000 crore and above

28.2

30.2

27.0

140.2

465.9

199.0

Total

25.5

26.6

25.9

92.4

136.1

125.4

* Actual ratio of current assets to current liabilities

# Denominator nil or negligible

TABLE 8 : SELECTED FINANCIAL RATIOS OF THE SELECTED 820 LARGE PUBLIC LIMITED COMPANIES ACCORDING TO THE SIZE of SALES, 1996-97 TO 1998-99 (Contd.)

(Per cent)

Sales-range/

Sales to

Sales to

Inventories to sales

Asset utilization and

total net assets

gross fixed assets

turnover ratio

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Less than Rs. 25 crore

69.2

61.6

51.4

115.3

97.3

78.0

24.5

25.9

27.3

Rs. 25 crore - Rs. 50 crore

86.2

80.5

72.9

133.4

119.9

104.1

24.3

25.4

26.7

Rs. 50 crore - Rs.100 crore

81.2

81.7

80.7

133.5

125.9

121.6

24.0

24.0

23.5

Rs. 100 crore - Rs. 500 crore

76.0

70.3

68.8

124.6

108.6

106.0

21.7

21.8

20.8

Rs. 500 crore - Rs. 1000 crore

74.1

70.6

66.3

114.0

101.4

88.9

18.6

17.5

16.4

Rs. 1000 crore and above

60.0

56.8

55.6

93.2

82.1

80.7

19.1

19.0

17.8

Total

69.7

65.6

63.3

110.4

97.1

92.3

20.5

20.3

19.4

Sales-range/

Sundry debtors to

Exports to sales

Gross value added to

Asset utilization and

Sales

gross fixed assets

turnover ratio

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Less than Rs. 25 crore

26.5

28.5

33.0

7.9

7.7

7.2

28.5

23.9

18.8

Rs. 25 crore - Rs. 50 crore

20.8

21.2

23.7

8.7

10.0

9.0

33.8

29.3

24.6

Rs. 50 crore - Rs.100 crore

20.6

21.0

21.7

8.1

9.6

10.6

33.6

29.8

32.1

Rs. 100 crore - Rs. 500 crore

19.3

20.1

20.3

11.0

11.4

11.6

31.8

28.4

28.1

Rs. 500 crore - Rs. 1000 crore

16.4

18.4

18.2

6.8

6.9

6.6

27.0

23.2

19.5

Rs. 1000 crore and above

20.6

17.5

16.2

6.9

7.5

7.0

22.9

20.4

19.4

Total

19.5

19.1

18.8

8.5

8.9

8.8

27.3

24.1

22.7

Sales-range/

Raw materials consumed to

Asset utilization and

value of production

turnover ratio

1996-97

1997-98

1998-99

Less than Rs. 25 crore

49.4

47.5

46.2

Rs. 25 crore - Rs. 50 crore

50.0

49.9

48.4

Rs. 50 crore - Rs.100 crore

49.1

49.1

48.2

Rs. 100 crore - Rs. 500 crore

48.4

47.1

46.7

Rs. 500 crore - Rs. 1000 crore

50.2

50.1

50.9

Rs. 1000 crore and above

52.6

50.5

50.8

Total

50.3

49.1

49.1

Sales-range/

Gross profits to

Gross profits to sales

Profits after tax to

Profitability ratios

total net assets

net worth

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Less than Rs. 25 crore

6.4

4.3

1.6

9.2

6.9

3.1

1.6

-4.1

-11.9

Rs. 25 crore - Rs. 50 crore

9.7

7.2

4.5

11.3

9.0

6.1

6.3

4.6

-3.8

Rs. 50 crore - Rs.100 crore

9.1

6.8

8.5

11.2

8.3

10.6

7.2

4.7

7.1

Rs. 100 crore - Rs. 500 crore

9.7

8.7

7.7

12.7

12.3

11.1

9.4

8.4

6.1

Rs. 500 crore - Rs. 1000 crore

10.1

8.4

6.5

13.6

11.8

9.8

10.5

7.2

4.6

Rs. 1000 crore and above

9.2

7.7

6.6

15.3

13.5

11.9

12.5

8.7

7.4

Total

9.4

8.0

6.9

13.5

12.2

10.8

10.4

7.8

5.9

TABLE 8 : SELECTED FINANCIAL RATIOS OF THE SELECTED 820 LARGE PUBLIC LIMITED COMPANIES ACCORDING TO THE SIZE OF SALES, 1996-97 TO 1998-99 (Concld.)

(Per cent)

Sales-range/

Tax provision to

Profits retained to

Dividends to

Profitability ratios

profits before tax

profits after tax

net worth

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Less than Rs. 25 crore

68.8

#

-29.6

-91.5

166.2

121.0

3.0

2.7

2.5

Rs. 25 crore - Rs. 50 crore

41.4

40.1

#

49.4

38.6

172.6

3.2

2.8

2.7

Rs. 50 crore - Rs.100 crore

35.3

42.2

33.8

58.1

36.5

58.6

3.0

3.0

2.9

Rs. 100 crore - Rs. 500 crore

27.2

24.3

29.1

64.7

65.1

55.3

3.3

2.9

2.7

Rs. 500 crore - Rs. 1000 crore

23.7

27.5

35.3

67.2

55.0

41.8

3.5

3.2

2.7

Rs. 1000 crore and above

18.7

20.6

23.0

70.4

66.5

61.7

3.7

2.9

2.8

Total

23.8

24.8

29.3

66.8

61.9

53.1

3.5

3.0

2.8

Sales-range/

Dividends to

Profitability ratios

ordinary paid-up capital

1996-97

1997-98

1998-99

Less than Rs. 25 crore

5.6

4.7

3.7

Rs. 25 crore - Rs. 50 crore

10.4

8.5

7.8

Rs. 50 crore - Rs.100 crore

12.8

12.4

12.3

Rs. 100 crore - Rs. 500 crore

16.4

15.7

14.8

Rs. 500 crore - Rs. 1000 crore

20.5

20.0

16.7

Rs. 1000 crore and above

40.2

29.6

26.1

Total

21.2

18.6

17.0

TABLE 9 : SELECTED FINANCIAL RATIOS OF THE SELECTED 820 LARGE PUBLIC LIMITED COMPANIES ACCORDING TO SIZE OF PAID-UP CAPITAL, 1996-97 TO 1998-99

(Per cent)

PUC-range/

Net fixed assets to

Net worth to

Debt to equity

Capital structure ratios

total net assets

total net assets

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Rs. 1 crore - Rs. 2 crore

35.1

36.5

38.2

40.7

42.7

40.3

32.0

30.9

34.9

Rs. 2 crore - Rs. 5 crore

37.0

37.8

37.4

35.1

35.6

35.8

51.5

52.4

58.6

Rs. 5 crore - Rs. 10 crore

38.8

40.1

41.1

39.7

39.3

39.9

50.1

55.0

54.6

Rs. 10 crore - Rs. 25 crore

41.8

42.1

41.7

41.3

40.2

39.6

51.3

54.6

56.5

Rs. 25 crore - Rs. 50 crore

40.7

43.6

43.7

42.1

41.5

41.6

52.8

59.0

61.1

Rs. 50 crore - Rs. 100 crore

49.6

51.5

50.7

42.5

42.0

41.2

69.1

72.5

78.7

Rs. 100 crore and above

51.2

56.2

54.7

40.8

39.7

37.0

70.1

67.3

79.4

Total

46.1

49.4

48.9

40.9

40.1

38.6

61.5

62.5

69.6

PUC-range/

Debt to equity (equity

Short term bank

Total outside liabilities

Capital structure ratios

adjusted for revaluation)

borrowings to inventories

to net worth

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Rs. 1 crore - Rs. 2 crore

33.3

31.0

35.3

57.0

66.9

71.1

145.7

134.0

148.4

Rs. 2 crore - Rs. 5 crore

52.1

52.8

58.7

67.1

64.8

66.3

184.9

181.1

179.1

Rs. 5 crore - Rs. 10 crore

50.1

56.0

55.1

58.4

62.5

60.1

151.8

154.3

150.3

Rs. 10 crore - Rs. 25 crore

52.2

54.9

56.9

56.4

59.7

56.5

141.9

148.7

152.4

Rs. 25 crore - Rs. 50 crore

53.7

60.3

60.9

66.6

82.5

79.1

137.3

141.0

140.7

Rs. 50 crore - Rs. 100 crore

71.6

75.0

79.5

80.4

96.6

81.4

135.1

138.1

142.8

Rs. 100 crore and above

70.9

70.6

79.5

78.2

80.6

92.2

144.8

152.1

170.3

Total

62.4

64.4

69.8

68.4

73.9

75.6

144.5

149.6

158.8

PUC-range/

Current assets to

Quick assets to

Current assets to

Liquidity ratios

current liabilities *

current liabilities

total net assets

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Rs. 1 crore - Rs. 2 crore

1.3

1.3

1.3

54.4

58.6

57.5

60.3

58.7

58.0

Rs. 2 crore - Rs. 5 crore

1.3

1.3

1.3

54.2

54.6

62.5

59.6

58.8

58.0

Rs. 5 crore - Rs. 10 crore

1.4

1.5

1.4

60.0

62.9

64.7

57.5

56.6

54.9

Rs. 10 crore - Rs. 25 crore

1.4

1.3

1.4

54.6

56.4

56.8

50.8

50.6

50.7

Rs. 25 crore - Rs. 50 crore

1.4

1.4

1.5

61.6

61.3

69.3

51.0

47.1

48.4

Rs. 50 crore - Rs. 100 crore

1.6

1.5

1.7

84.4

82.8

93.1

45.5

42.6

44.0

Rs. 100 crore and above

1.3

1.1

1.1

55.5

45.0

45.6

40.6

35.8

36.0

Total

1.4

1.2

1.3

58.7

54.2

56.6

46.7

43.3

43.3

PUC-range/

Sundry creditors to

Sundry creditors to

Liquidity ratios

current assets

net working capital

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Rs. 1 crore - Rs. 2 crore

33.0

28.4

27.4

141.2

112.6

128.1

Rs. 2 crore - Rs. 5 crore

28.9

28.3

27.8

133.2

126.3

107.7

Rs. 5 crore - Rs. 10 crore

27.8

26.8

26.3

93.1

86.2

86.1

Rs. 10 crore - Rs. 25 crore

24.4

24.5

25.0

91.4

95.9

96.5

Rs. 25 crore - Rs. 50 crore

23.2

24.0

22.7

76.3

85.5

71.4

Rs. 50 crore - Rs. 100 crore

21.2

20.4

19.3

55.0

57.5

48.1

Rs. 100 crore and above

26.2

29.2

28.3

104.6

464.5

411.7

Total

25.5

26.6

25.9

92.4

136.1

125.4

* Actual ratio of current assets to current liabilities

TABLE 9 : SELECTED FINANCIAL RATIOS OF THE SELECTED 820 LARGE PUBLIC LIMITED COMPANIES ACCORDING TO SIZE OF PAID-UP CAPITAL, 1996-97 TO 1998-99 (Contd.)

(Per cent)

PUC-range/

Sales to

Sales to

Inventories to sales

Asset utilization and

total net assets

gross fixed assets

Turnover ratio

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Rs. 1 crore - Rs. 2 crore

128.5

131.4

121.4

216.9

214.8

193.9

18.7

16.2

17.2

Rs. 2 crore - Rs. 5 crore

117.9

111.6

108.9

201.0

183.1

173.0

20.5

21.3

19.7

Rs. 5 crore - Rs. 10 crore

97.0

90.2

88.7

167.3

149.5

141.3

23.2

23.5

22.5

Rs. 10 crore - Rs. 25 crore

84.6

80.8

81.6

139.8

131.6

131.0

21.3

22.2

22.4

Rs. 25 crore - Rs. 50 crore

81.6

77.5

76.6

135.7

121.6

115.9

18.5

17.4

16.8

Rs. 50 crore - Rs. 100 crore

58.7

58.4

58.7

88.4

83.9

83.8

19.3

17.5

16.4

Rs. 100 crore and above

51.1

47.7

44.9

77.5

65.9

62.0

20.7

20.5

18.9

Total

69.7

65.6

63.3

110.4

97.1

92.3

20.5

20.3

19.4

PUC-range/

Sundry debtors to

Exports to sales

Gross value added to

Asset utilization and

sales

gross fixed assets

Turnover ratio

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

Rs. 1 crore - Rs. 2 crore

15.6

15.1

16.4

9.1

10.3

9.6

50.6

51.7

58.5

Rs. 2 crore - Rs. 5 crore

17.5

18.1

19.0

7.8

8.6

9.5

42.3

39.9

38.8

Rs. 5 crore - Rs. 10 crore

19.7

20.9

21.3

10.8

10.4

10.9

39.5

35.2

34.0

Rs. 10 crore - Rs. 25 crore

18.4

19.7

19.7

8.2

9.7

10.1

35.5

33.9

33.4

Rs. 25 crore - Rs. 50 crore

18.7

19.9

19.3

10.9

10.7

9.2

30.8

27.9

27.3

Rs. 50 crore - Rs. 100 crore

21.1

21.2

20.1

8.5

8.4

8.1

28.9

27.9

28.4

Rs. 100 crore and above

20.9

17.8

17.2

6.5

7.1

7.1

19.8

16.5

14.5

Total

19.5

19.1

18.8

8.5

8.9

8.8

27.3

24.1

22.7

PUC-range/

Raw materials consumed to

Asset utilization and

value of production

Turnover ratio

1996-97

1997-98

1998-99

Rs. 1 crore - Rs. 2 crore

50.4

49.9

49.8

Rs. 2 crore - Rs. 5 crore

55.4

53.7

52.9

Rs. 5 crore - Rs. 10 crore

53.4

52.8

51.6

Rs. 10 crore - Rs. 25 crore

48.2

47.1

48.4

Rs. 25 crore - Rs. 50 crore

52.1

51.2

49.8

Rs. 50 crore - Rs. 100 crore

42.3

39.9

39.3

Rs. 100 crore and above

49.3

48.3

49.3

Total

50.3

49.1

49.1

PUC-range/

Gross profits to

Gross profits to sales