(Per cent)

Tea (19)

Metal mining (4)

Grains and pulses (6)

SELECTED FINANCIAL RATIO

1993-94

1994-95

1995-96

1993-94

1994-95

1995-96

1993-94

1994-95

1995-96

1

2

3

4

5

6

7

8

9

10

A.

Capital structure ratios

1.

Net fixed assets to total net assets

28.3

30.4

29.6

39.4

38.8

35.4

42.7

46.0

43.1

2.

Net worth to total net assets

32.0

17.1

17.0

16.8

20.4

24.6

12.2

20.9

9.7

3.

Debt to equity

83.1

181.8

165.5

14.3

-

7.8

181.0

94.1

207.3

4.

Debt to equity (equity adjusted for revaluation reserve)

91.0

217.9

195.3

* *

##

#

181.0

148.6

#

5.

Short term bank borrowings to inventories

219.9

272.4

234.3

-

11.3

6.4

96.9

90.3

157.1

6.

Total outside liabilities to net worth

212.0

#

#

#

#

#

#

#

#

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.4

1.2

1.2

0.6

0.7

0.8

0.8

0.9

0.8

8.

Quick assets to current liabilities

27.8

30.5

36.9

13.1

10.5

14.5

39.7

38.6

34.9

9.

Current assets to total net assets

57.1

59.5

62.5

48.8

52.3

55.2

54.3

50.7

53.4

10.

Sundry creditors to current assets

15.2

16.1

17.0

13.9

22.4

18.3

30.4

30.1

32.5

11.

Sundry creditors to net working capital

53.4

118.3

118.5

* *

* *

* *

* *

* *

* *

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

78.4

74.0

80.9

41.3

50.5

62.1

248.6

241.0

262.5

13.

Sales to gross fixed assets

162.6

139.5

154.6

54.8

65.0

77.2

#

#

#

14.

Inventories to sales

9.9

11.2

11.0

60.0

57.9

58.6

8.7

8.5

5.6

15.

Sundry debtors to sales

2.2

2.7

2.4

11.5

14.4

12.5

9.2

8.2

7.8

16.

Exports to sales

0.5

0.5

-

-

-

32.4

-

-

-

17.

Gross value added to gross fixed assets

72.8

62.3

61.2

32.1

32.0

35.5

17.6

15.9

17.7

18.

Raw materials consumed to value of production

16.1

16.2

19.0

11.4

9.5

7.3

86.6

87.4

85.6

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

* *

35.4

&&

&&

40.5

81.6

20.

Gross capital formation to total uses of funds

* *

49.1

* *

* *

63.6

16.1

21.

External sources of funds to total sources of funds

* *

87.4

&&

&&

109.8

91.8

22.

Increase in bank borrowings to total external sources

63.6

- 10.6

* *

&&

14.4

51.9

23.

Gross savings to gross capital formation

- 55.1

56.0

#

214.7

- 17.4

- 45.4

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

13.2

5.7

8.0

12.0

5.2

6.1

6.3

3.5

&

25.

Gross profits to sales

16.9

7.7

9.9

29.1

10.3

9.8

2.5

1.4

&

26.

Profits after tax to net worth

18.2

&

4.1

52.9

13.5

12.9

&

&

&

27.

Tax provision to profits before tax

40.4

* *

73.3

-

-

4.2

* *

* *

* *

28.

Profits retained to profits after tax

94.8

&&

74.2

100.0

93.0

100.0

&&

&&

&&

29.

Dividends to net worth

0.9

1.0

1.1

-

0.9

-

-

-

4.7

30.

Ordinary dividends to ordinary paid-up capital

8.5

5.4

6.4

-

5.6

-

-

-

1.9

(Per cent)

Edible vegetable and

hydrogenated oils (7)

Cotton textiles (61)

Silk and rayon textiles (15)

SELECTED FINANCIAL RATIO

1993-94

1994-95

1995-96

1993-94

1994-95

1995-96

1993-94

1994-95

1995-96

1

11

12

13

14

15

16

17

18

19

A.

Capital structure ratios

1.

Net fixed assets to total net assets

25.8

23.8

28.5

42.2

39.5

40.3

36.7

42.6

41.4

2.

Net worth to total net assets

15.1

15.6

16.2

26.8

28.5

29.1

21.2

24.0

25.9

3.

Debt to equity

42.6

41.3

78.1

63.9

60.2

53.0

70.1

45.9

41.2

4.

Debt to equity (equity adjusted for revaluation reserve)

59.7

56.6

106.3

75.3

65.3

59.3

70.1

45.9

41.2

5.

Short term bank borrowings to inventories

58.3

69.5

82.1

59.4

51.2

62.9

76.1

100.6

95.3

6.

Total outside liabilities to net worth

#

#

#

273.1

250.3

243.8

#

#

#

B.

Liquidity ratios

7.

Current assets to current liabilities *

0.9

1.0

1.0

1.0

1.1

1.1

1.0

0.8

0.9

8.

Quick assets to current liabilities

41.0

52.1

53.3

37.6

40.0

43.5

42.5

38.3

41.8

9.

Current assets to total net assets

73.3

75.8

71.2

56.7

59.8

58.7

62.8

54.7

55.8

10.

Sundry creditors to current assets

59.5

58.7

50.5

42.1

37.1

41.7

41.5

35.9

30.1

11.

Sundry creditors to net working capital

* *

* *

#

#

#

#

* *

* *

* *

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

#

#

283.5

145.6

132.9

146.4

228.5

177.1

170.5

13.

Sales to gross fixed assets

#

#

#

188.5

195.1

214.2

#

224.5

213.2

14.

Inventories to sales

8.2

5.8

8.2

17.7

21.7

17.1

11.0

12.7

12.9

15.

Sundry debtors to sales

6.6

7.2

11.5

12.4

13.4

14.3

10.4

11.8

13.6

16.

Exports to sales

-

-

-

4.4

5.3

2.3

5.7

4.8

4.0

17.

Gross value added to gross fixed assets

22.9

25.9

26.7

34.6

30.4

28.6

35.6

29.7

25.1

18.

Raw materials consumed to value of production

81.9

85.4

83.4

61.5

65.8

69.5

70.0

63.3

72.4

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

39.5

* *

34.6

56.0

89.0

53.7

20.

Gross capital formation to total uses of funds

- 79.9

* *

72.1

57.2

92.1

61.8

21.

External sources of funds to total sources of funds

74.4

&&

81.0

74.2

48.6

23.6

22.

Increase in bank borrowings to total external sources

21.7

* *

21.4

23.9

110.6

160.9

23.

Gross savings to gross capital formation

* *

#

41.7

49.8

69.0

113.3

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

3.1

3.4

4.2

10.8

7.5

6.8

11.9

9.4

8.6

25.

Gross profits to sales

0.8

0.7

1.5

7.4

5.7

4.7

5.2

5.3

5.0

26.

Profits after tax to net worth

&

&

&

17.0

12.3

4.8

14.7

21.6

9.6

27.

Tax provision to profits before tax

#

* *

* *

19.5

15.7

18.4

41.1

17.7

34.4

28.

Profits retained to profits after tax

&&

&&

&&

90.2

89.8

70.8

91.2

92.9

85.4

29.

Dividends to net worth

-

-

-

1.7

1.3

1.4

1.3

1.5

1.4

30.

Ordinary dividends to ordinary paid-up capital

-

-

-

4.7

3.1

3.7

1.5

2.3

2.0

(Per cent)

Electrical machinery,

apparatus,

Engineering @@ (228)

Motor vehicles @@ (21)

appliances, etc. @@ (60)

SELECTED FINANCIAL RATIO

1993-94

1994-95

1995-96

1993-94

1994-95

1995-96

1993-94

1994-95

1995-96

1

20

21

22

23

24

25

26

27

28

A.

Capital structure ratios

1.

Net fixed assets to total net assets

25.1

25.5

25.5

30.7

28.3

30.9

22.5

22.9

22.2

2.

Net worth to total net assets

22.6

26.7

30.2

19.0

15.4

30.3

25.7

28.6

31.1

3.

Debt to equity

42.2

31.7

25.5

86.4

110.4

34.2

30.1

29.0

24.9

4.

Debt to equity (equity adjusted for revaluation reserve)

47.1

34.9

27.7

117.5

140.9

42.6

35.2

32.5

27.8

5.

Short term bank borrowings to inventories

65.5

59.3

60.0

78.9

68.7

70.9

89.3

97.7

91.9

6.

Total outside liabilities to net worth

#

274.8

230.9

#

#

229.6

289.6

249.3

221.4

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.1

1.1

1.2

1.0

1.0

1.1

1.1

1.2

1.2

8.

Quick assets to current liabilities

50.3

51.4

58.2

50.6

52.0

68.4

61.0

62.9

69.9

9.

Current assets to total net assets

72.3

71.7

71.5

64.8

70.5

67.5

73.6

72.4

73.0

10.

Sundry creditors to current assets

31.0

30.7

31.6

35.8

42.5

35.9

32.6

30.5

33.7

11.

Sundry creditors to net working capital

#

#

238.3

#

#

#

#

233.8

205.5

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

116.6

122.6

124.2

107.1

123.7

118.6

114.2

128.0

120.8

13.

Sales to gross fixed assets

252.9

275.4

289.4

172.2

217.1

221.3

#

#

#

14.

Inventories to sales

23.0

21.8

20.0

21.6

20.6

14.2

20.2

17.2

17.0

15.

Sundry debtors to sales

22.1

20.2

23.2

27.6

24.1

30.7

24.3

22.5

28.0

16.

Exports to sales

6.1

5.3

5.3

1.2

3.7

1.5

7.1

5.2

6.4

17.

Gross value added to gross fixed assets

56.2

63.1

68.9

44.8

51.0

47.9

58.7

63.3

68.7

18.

Raw materials consumed to value of production

56.5

56.9

56.7

51.4

53.7

52.8

64.5

64.6

65.5

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

29.4

31.8

25.0

36.6

31.7

26.7

20.

Gross capital formation to total uses of funds

55.3

47.3

58.8

25.3

46.8

40.8

21.

External sources of funds to total sources of funds

62.6

64.1

100.1

59.1

55.9

76.5

22.

Increase in bank borrowings to total external sources

17.8

20.5

18.0

- 8.8

49.3

8.5

23.

Gross savings to gross capital formation

66.1

76.4

13.2

124.3

88.3

59.7

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

10.1

12.2

12.7

8.2

7.9

7.9

9.8

10.1

9.7

25.

Gross profits to sales

8.6

10.0

10.2

7.7

6.4

6.6

8.6

7.9

8.1

26.

Profits after tax to net worth

11.9

22.4

20.2

&

&

14.8

13.0

19.2

10.8

27.

Tax provision to profits before tax

50.8

35.0

33.5

136.8

157.2

35.6

32.2

27.7

39.8

28.

Profits retained to profits after tax

70.1

82.8

84.6

&&

&&

92.4

84.3

83.1

73.3

29.

Dividends to net worth

3.6

3.8

3.1

1.8

5.9

1.1

2.0

3.2

2.9

30.

Ordinary dividends to ordinary paid-up capital

9.3

10.8

9.5

3.2

9.1

3.3

6.2

8.9

7.8

(Per cent)

Machinery other than

transport and

Foundries and engineering

Ferrous/ non-ferrous

electricals @@ (64)

workshops @@ (22)

metal products @@ (52)

SELECTED FINANCIAL RATIO

1993-94

1994-95

1995-96

1993-94

1994-95

1995-96

1993-94

1994-95

1995-96

1

29

30

31

32

33

34

35

36

37

A.

Capital structure ratios

1.

Net fixed assets to total net assets

23.2

25.1

26.3

27.7

31.2

28.3

29.8

27.9

26.1

2.

Net worth to total net assets

29.9

34.4

37.3

&

5.3

12.5

32.0

36.3

33.8

3.

Debt to equity

23.9

18.4

16.4

* *

266.5

84.0

36.7

22.3

24.0

4.

Debt to equity (equity adjusted for revaluation reserve)

24.7

19.2

17.0

* *

#

98.9

37.9

24.1

25.2

5.

Short term bank borrowings to inventories

45.1

35.3

40.9

93.9

85.8

71.8

86.0

72.0

80.3

6.

Total outside liabilities to net worth

234.5

191.1

168.4

* *

#

#

212.2

175.2

195.8

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.2

1.2

1.3

0.8

0.8

0.9

1.2

1.2

1.2

8.

Quick assets to current liabilities

50.7

51.5

53.3

38.6

38.9

46.1

63.3

62.9

69.9

9.

Current assets to total net assets

74.9

72.6

71.7

70.6

67.4

70.6

67.3

68.8

69.3

10.

Sundry creditors to current assets

27.0

26.8

28.2

40.9

43.0

36.2

25.8

23.5

29.9

11.

Sundry creditors to net working capital

168.1

146.0

134.0

* *

* *

* *

154.7

120.9

183.0

C.

Assets utilization and turnover ratios

12.

Sales to total net assets

103.5

111.8

118.2

106.4

111.4

128.9

137.5

141.5

132.9

13.

Sales to gross fixed assets

244.1

265.5

276.1

222.3

223.2

283.9

253.1

288.3

301.2

14.

Inventories to sales

29.8

26.5

24.9

24.1

23.4

20.6

16.6

17.7

16.0

15.

Sundry debtors to sales

21.6

18.7

18.6

26.4

23.6

24.3

22.4

20.1

24.4

16.

Exports to sales

7.5

6.4

5.5

6.7

6.2

6.1

7.1

5.3

6.5

17.

Gross value added to gross fixed assets

68.2

71.4

76.9

57.7

63.2

83.9

47.9

58.6

62.6

18.

Raw materials consumed to value of production

49.5

51.7

51.9

40.7

44.7

42.3

59.0

59.6

57.4

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

31.1

40.0

48.4

25.3

22.6

28.4

20.

Gross capital formation to total uses of funds

56.8

64.9

75.6

51.5

54.2

38.5

21.

External sources of funds to total sources of funds

49.1

50.8

81.0

57.1

66.7

73.8

22.

Increase in bank borrowings to total external sources

- 1.6

46.4

19.2

12.9