Paper and paper

Glass and

products (31)

glassware (5)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

50

51

52

53

54

55

A.

Capital structure ratios

1.

Net fixed assets to total net assets

36.5

39.8

44.0

36.9

39.5

39.1

2.

Net worth to total net assets

30.0

28.0

25.6

47.6

45.5

42.8

3.

Debt to equity

58.3

55.6

62.5

40.6

43.3

37.6

4.

Debt to equity

58.6

59.2

65.4

40.6

43.3

37.6

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

87.6

106.6

119.9

87.1

74.5

54.1

6.

Total outside liabilities to net worth

233.2

257.0

291.0

110.0

119.7

133.7

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.2

1.0

0.9

1.8

1.7

1.5

8.

Quick assets to current liabilities

59.3

51.9

49.7

95.5

83.5

74.0

9.

Current assets to total net assets

61.2

58.3

54.9

60.1

57.5

59.7

10.

Sundry creditors to current assets

31.0

36.0

37.7

17.8

19.4

28.6

11.

Sundry creditors to net working capital

215.4

#

#

39.5

49.1

91.5

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

137.4

128.1

110.3

94.6

88.4

90.4

13.

Sales to gross fixed assets

213.4

204.3

167.2

136.7

128.6

130.8

14.

Inventories to sales

13.3

14.0

14.0

14.9

14.9

16.8

15.

Sundry debtors to sales

17.9

18.5

21.6

13.6

12.0

13.5

16.

Exports to sales

1.4

1.7

0.1

24.4

16.9

28.7

17.

Gross value added to gross fixed assets

38.6

36.0

29.6

46.1

40.3

35.0

18.

Raw materials consumed to value of production

54.0

58.8

56.9

29.7

38.0

46.3

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

57.1

68.4

57.3

48.7

20.

Gross capital formation to total uses of funds

73.9

71.1

65.4

73.5

21.

External sources of funds to total sources of funds

80.5

77.4

58.9

57.8

22.

Increase in bank borrowings to total external sources

39.5

3.6

**

**

23.

Gross savings to gross capital formation

30.4

30.4

59.6

52.1

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

11.6

10.5

8.3

11.3

10.7

7.8

25.

Gross profits to sales

8.4

8.2

7.5

11.9

12.1

8.6

26.

Profits after tax to net worth

13.8

13.8

7.4

13.7

13.5

4.3

27.

Tax provision to profits before tax

34.9

30.2

35.9

17.6

16.1

36.0

28.

Profits retained to profits after tax

82.1

84.4

74.1

92.9

89.1

81.4

29.

Dividends to net worth

2.5

2.1

1.9

1.0

1.5

0.8

30.

Ordinary dividends to ordinary paid-up capital

5.6

5.7

4.8

3.6

3.6

2.9

Printing and publishing

Construction

(10)

(14)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

56

57

58

59

60

61

A.

Capital structure ratios

1.

Net fixed assets to total net assets

46.1

48.0

42.5

14.8

10.1

10.5

2.

Net worth to total net assets

30.6

29.2

27.3

18.6

15.5

20.4

3.

Debt to equity

41.6

42.0

32.6

54.2

41.2

31.6

4.

Debt to equity

66.1

60.5

44.3

75.8

53.1

37.9

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

95.4

74.7

98.1

9.7

14.6

7.0

6.

Total outside liabilities to net worth

226.9

242.1

265.8

439.0

546.5

389.7

B.

Liquidity ratios

7.

Current assets to current liabilities *

0.9

0.9

0.9

1.1

1.1

1.1

8.

Quick assets to current liabilities

37.2

31.6

31.6

19.8

16.0

18.3

9.

Current assets to total net assets

53.3

51.2

56.4

78.8

85.1

83.8

10.

Sundry creditors to current assets

27.3

26.3

30.3

14.4

10.9

10.8

11.

Sundry creditors to net working capital

#

#

#

152.4

133.1

84.4

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

93.6

94.2

99.4

53.9

37.2

30.5

13.

Sales to gross fixed assets

130.9

126.3

137.7

250.8

235.2

177.7

14.

Inventories to sales

22.1

22.8

21.6

58.5

71.5

85.3

15.

Sundry debtors to sales

18.4

15.8

15.5

12.8

17.7

18.7

16.

Exports to sales

**

**

**

0.2

**

**

17.

Gross value added to gross fixed assets

38.1

37.0

41.6

74.2

66.8

59.1

18.

Raw materials consumed to value of production

51.4

51.7

50.2

47.1

36.1

49.4

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

69.7

10.8

0.9

42.9

20.

Gross capital formation to total uses of funds

89.3

20.3

14.1

47.3

21.

External sources of funds to total sources of funds

62.2

51.3

84.6

110.5

22.

Increase in bank borrowings to total external sources

**

82.1

2.8

**

23.

Gross savings to gross capital formation

43.0

259.6

65.5

81.3

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

6.4

7.1

8.6

8.7

7.6

1.5

25.

Gross profits to sales

6.8

7.5

8.6

16.1

20.5

4.9

26.

Profits after tax to net worth

11.9

5.7

3.5

13.9

11.6

2.5

27.

Tax provision to profits before tax

23.8

22.1

61.3

44.6

24.1

46.2

28.

Profits retained to profits after tax

88.5

92.3

84.5

94.4

93.4

90.4

29.

Dividends to net worth

1.4

0.4

0.5

0.8

0.8

0.2

30.

Ordinary dividends to ordinary paid-up capital

4.9

1.7

2.0

3.1

3.1

0.9

Trading

Land and estate

(83)

(12)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

62

63

64

65

66

67

A.

Capital structure ratios

1.

Net fixed assets to total net assets

17.3

18.7

18.6

76.6

73.5

71.6

2.

Net worth to total net assets

40.9

41.8

40.8

76.7

74.7

73.4

3.

Debt to equity

10.3

5.1

7.1

2.2

2.1

2.2

4.

Debt to equity

10.7

5.3

7.3

2.2

2.1

2.2

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

34.5

40.2

31.4

14.8

5.1

4.4

6.

Total outside liabilities to net worth

144.3

139.3

145.0

30.4

33.9

36.3

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.3

1.3

1.3

0.9

1.0

1.0

8.

Quick assets to current liabilities

58.8

60.3

59.2

10.0

10.9

10.4

9.

Current assets to total net assets

71.3

72.1

74.6

19.6

22.9

24.8

10.

Sundry creditors to current assets

35.3

28.2

24.5

16.2

15.0

10.6

11.

Sundry creditors to net working capital

151.6

125.5

99.0

#

#

#

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

129.4

127.5

122.7

5.5

5.7

6.6

13.

Sales to gross fixed assets

451.3

422.0

389.7

6.6

6.8

7.7

14.

Inventories to sales

12.8

12.6

12.7

172.1

211.2

199.5

15.

Sundry debtors to sales

17.3

17.4

15.1

13.2

13.0

8.3

16.

Exports to sales

7.9

6.6

5.4

**

**

**

17.

Gross value added to gross fixed assets

66.8

58.3

55.5

2.9

2.5

2.6

18.

Raw materials consumed to value of production

74.9

75.9

75.9

25.2

21.7

29.3

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

34.1

35.7

8.4

**

20.

Gross capital formation to total uses of funds

45.8

43.7

90.1

70.7

21.

External sources of funds to total sources of funds

55.1

52.9

61.7

64.9

22.

Increase in bank borrowings to total external sources

17.1

**

**

**

23.

Gross savings to gross capital formation

95.4

116.5

47.0

86.1

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

11.8

10.6

9.0

1.9

**

**

25.

Gross profits to sales

9.1

8.3

7.4

34.7

**

**

26.

Profits after tax to net worth

17.7

15.8

10.2

1.1

**

**

27.

Tax provision to profits before tax

35.5

36.9

43.6

23.9

#

#

28.

Profits retained to profits after tax

81.6

81.0

64.9

67.5

##

##

29.

Dividends to net worth

3.3

3.0

3.6

0.4

0.3

0.3

30.

Ordinary dividends to ordinary paid-up capital

10.6

10.9

13.6

12.0

8.9

9.5

Road transport

Shipping

(6)

(8)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1994-95

1995-96

1996-97

1

68

69

70

71

72

73

A.

Capital structure ratios

1.

Net fixed assets to total net assets

24.5

23.8

25.1

11.1

9.2

15.4

2.

Net worth to total net assets

45.9

46.1

52.0

15.6

17.2

20.2

3.

Debt to equity

1.1

0.8

5.3

31.9

55.3

25.0

4.

Debt to equity

1.1

0.8

5.3

31.9

55.3

25.0

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

66.8

42.8

46.2

#

#

#

6.

Total outside liabilities to net worth

117.8

116.8

92.4

539.4

480.2

396.1

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.3

1.3

1.6

1.1

1.2

1.1

8.

Quick assets to current liabilities

80.8

57.1

89.2

64.9

57.7

58.1

9.

Current assets to total net assets

70.1

70.4

71.4

88.8

85.8

78.9

10.

Sundry creditors to current assets

43.5

36.1

27.5

55.1

47.5

49.8

11.

Sundry creditors to net working capital

184.2

150.2

75.1

521.1

324.9

955.5

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

215.1

190.4

196.2

47.8

23.7

34.0

13.

Sales to gross fixed assets

341.8

322.7

312.5

114.3

60.7

81.8

14.

Inventories to sales

4.4

10.0

7.9

0.1

**

**

15.

Sundry debtors to sales

8.3

11.8

14.8

97.5

157.2

111.3

16.

Exports to sales

**

**

**

**

**

**

17.

Gross value added to gross fixed assets

102.6

104.1

71.6

66.3

22.4

22.9

18.

Raw materials consumed to value of production

45.1

45.3

26.5

0.1

**

**

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

36.6

55.7

**

67.8

20.

Gross capital formation to total uses of funds

86.0

47.9

**

67.8

21.

External sources of funds to total sources of funds

44.2

3.2

40.3

66.2

22.

Increase in bank borrowings to total external sources

30.5

**

**

**

23.

Gross savings to gross capital formation

82.6

202.8

#

89.4

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

21.2

22.7

25.2

11.7

5.4

6.0

25.

Gross profits to sales

9.8

11.9

12.9

24.6

22.8

17.7

26.

Profits after tax to net worth

20.9

25.5

24.3

5.7

15.2

24.8

27.

Tax provision to profits before tax

48.8

44.3

44.5

41.7

33.5

35.2

28.

Profits retained to profits after tax

70.6

75.1

77.2

95.1

84.1

99.3

29.

Dividends to net worth

6.1

6.4

5.6

0.3

2.4

0.2

30.

Ordinary dividends to ordinary paid-up capital

23.2

28.6

27.9

0.8

7.7

0.8

Hotels, restaurants and

eating houses (34)

SELECTED FINANCIAL RATIO

1994-95

1995-96

1996-97

1

74

75

76

A.

Capital structure ratios

1.

Net fixed assets to total net assets

61.4

54.0

57.1

2.

Net worth to total net assets

51.0

52.5

62.2

3.

Debt to equity

22.0

22.6

16.1

4.

Debt to equity

24.9

24.9

21.9

(equity adjusted for revaluation reserve)

5.

Short term bank borrowings to inventories

239.9

201.9

305.7

6.

Total outside liabilities to net worth

96.3

90.5

60.8

B.

Liquidity ratios

7.

Current assets to current liabilities *

0.9

1.2

1.4

8.

Quick assets to current liabilities

37.9

59.3

72.5

9.

Current assets to total net assets

33.7

41.3

37.6

10.

Sundry creditors to current assets

40.0

23.8

23.4

11.

Sundry creditors to net working capital

#

173.6

88.8

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

64.3

67.9

57.1

13.

Sales to gross fixed assets

71.0

84.9

73.4

14.

Inventories to sales

4.1

3.4

2.8

15.

Sundry debtors to sales

14.3

12.8

10.9

16.

Exports to sales

0.5

0.6

**

17.

Gross value added to gross fixed assets

29.9

39.7

33.5

18.

Raw materials consumed to value of production

16.0

15.4

13.7

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

37.1

40.7

20.

Gross capital formation to total uses of funds

38.0

40.1

21.

External sources of funds to total sources of funds

34.2

14.8

22.

Increase in bank borrowings to total external sources

**

78.7

23.

Gross savings to gross capital formation

171.7

219.6

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

14.9

20.7

17.0

25.

Gross profits to sales

23.1

30.5

29.9

26.

Profits after tax to net worth

19.1

26.5

20.4

27.

Tax provision to profits before tax

19.8

20.9

22.4

28.

Profits retained to profits after tax

89.5

93.5

84.4

29.

Dividends to net worth

2.0

1.7

3.2

30.

Ordinary dividends to ordinary paid-up capital

6.2

7.0

20.4

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'.