accounts - comparison

8/3/2019 Accounts - Comparison

1/24

ey

Financial

Ratios

Jun '11 Mar '10 Mar '09 Mar '08 Mar '07

Face

Value 10 10 10 10 10

Dividend

Per Share -- -- -- -- --

Operating

Profit Per

Share

(Rs) 1.63 4.58 -3.32 1.25 2.76

Net

OperatingProfit Per

Share

(Rs) 104.28 128.77 122.84 114.76 89.82

Free

Reserves

Per Share

(Rs) -41.57 -50.27 -49.68 -46.27 -44.31

Bonus inEquity

Capital 0.58 1.02 1.08 1.19 1.2

Profitability Ratios

Investment Valuation

Ratios


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y

Adjusted

CashMargin(%) 0.31 2.01 -4.42 1.58 3.01

Net Profit

Margin(%) -3.45 -2.68 -6.29 -2.14 -3.83

Adjusted

Net Profit

Margin(%) -3.45 -2.68 -6.29 -2.14 -3.58

Return On

Capital

Employed

(%) -13.16 0.06 -22.57 -4.05 -1.35

Return On

Net

Worth(%) 26.55 13.8 25.09 7.51 18.13

Adjusted

Return on

Net

Worth(%) -- -- -- -- --

Return on

Assets

Excluding

Revaluatio

ns -13.68 -25.13 -31.03 -33.63 -32.08

Return onAssets

Including

Revaluatio


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Interest

Cover -0.67 0.01 -4.88 -0.99 -0.4

Total Debt

to Owners

Fund -- -- -- -- --

Financial

Charges

Coverage

Ratio 1.15 2 -0.82 1.78 2.08Financial

Charges

Coverage

Ratio Post

Tax 1.15 1.66 0.22 2.49 1.99

Inventory

Turnover

Ratio 15.77 22.82 22.87 19.97 5.89

Debtors

Turnover

Ratio 20.2 17.76 20.92 17.81 15.02

Investmen

ts

Turnover

Ratio 15.77 22.82 22.87 19.97 8.08Fixed

Assets

Turnover

Debt Coverage

Ratios

Management

Efficiency Ratios


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Number of

Days In

Working

Capital -82.66 -66.84 -32.68 -29.66 -28.87

Material

Cost

Compositi

on 88.29 79.51 84.9 74.88 72.41

Imported

Compositi

on of Raw

Materials

Consume

d 4.11 11.82 19.42 13.76 27.8

Selling

Distributio

n Cost

Compositi

on -- 2.93 3.03 2.97 5.37

Expenses

as

Compositi

on of

Total

Sales 0.53 0.08 3.27 0.98 6.98

Dividend

P t

Profit & Loss Account

Ratios

Cash Flow Indicator

Ratios


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Jun '11 Mar '10 Mar '09 Mar '08 Mar '07

Earnings

Per Share -3.63 -3.47 -7.78 -2.53 -3.55

Book

Value -13.68 -25.13 -31.03 -33.63 -31.86


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11/24

ey

Financial

Ratios

Mar '11 Mar '10 Mar '09 Mar '08 Mar '07

Face

Value 2 10 10 10 10

Dividend

Per Share 0.5 2.5 2.5 2.5 2.5

Operating

Profit Per

Share

(Rs) 95.61 342.05 257.44 196.68 147.89

Net

Operating

Profit Per

Share

(Rs) 326.99 1,323.65 1,173.89 984.24 901.68

Free

Reserves

Per Share

(Rs) 263.75 898.06 454.63 364.45 254.72

Bonus inEquity

Capital -- -- -- -- --

Investment Valuation

Ratios



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Adjusted

Cash

Margin(%) 19.07 17.12 17.06 14.98 13.02

Net Profit

Margin(%) 14.42 14.96 8.42 10.09 8.14

Adjusted

Net Profit

Margin(%) 14.42 14.96 8.42 10.09 7.59

Return On

Capital

Employed

(%) 7.89 8.27 8.34 8.72 9.81

Return On

Net

Worth(%) 17.18 21.37 20.77 26.07 25.79

Adjusted

Return on

Net

Worth(%) 17.96 19.18 30.54 25.69 24.06

Return on

Assets

Excluding

Revaluatio

ns 274.43 931.21 477.51 382.68 285.96

Return onAssets

Including

Revaluatio


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Interest

Cover 10.94 9.2 15.02 10.95 6.81

Total Debt

to Owners

Fund 2.86 2.89 3.98 3.52 2.67

Financial

Charges

Coverage

Ratio 5.8 7.06 9.47 7.9 7.53Financial

Charges

Coverage

Ratio Post

Tax 4.62 6.02 6.59 6.89 7.08

Inventory

TurnoverRatio 2.58 3.35 4.75 4.4 5.09

Debtors

Turnover

Ratio 11.41 8.31 8.06 7.23 8.12

Investmen

ts

Turnover

Ratio 2.58 3.35 4.75 4.4 5.84Fixed

Assets

Turnover

Debt Coverage

Ratios

Management

Efficiency Ratios


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Number of

Days In

Working

Capital 116.74 117.64 79.49 82.5 77.09

Material

Cost

Compositi

on 64.88 72.09 67.73 77.12 78.46

Imported

Compositi

on of Raw

Materials

Consume

d 34.14 49.07 36.97 37.82 33.74

Selling

Distributio

n CostCompositi

on 3.23 3.1 2.81 2.05 2.66

Expenses

as

Compositi

on of

Total

Sales 17.37 21.71 29.34 30.14 39.86

Dividend

P t

Profit & Loss Account

Ratios

Cash Flow Indicator

Ratios


15/24

Mar '11 Mar '10 Mar '09 Mar '08 Mar '07

Earnings

Per Share 47.16 199.09 99.2 99.77 73.76

Book

Value 274.43 931.21 477.51 382.68 285.96


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Key Ratios

Pennar

Industries Lloyds Steel BHUSHAN Steel

Mar '11 Jun'11 Mar '11

Face Value 5 10 2

Dividend Per Share 1.25 -- 0.5Operating Profit Per Share (Rs) 11.53 1.63 95.61Free Reserves Per Share (Rs) 13.1 -41.57 263.75

Operating Profit Margin(%) 12.68 1.56 29.24

Profit Before Interest And Tax

Margin(%) 11.66 -2.21 25.15

Gross Profit Margin(%) 11.67 -2.22 25.23

Net Profit Margin(%) 6.25 -3.45 14.42

Return On Capital Employed(%) 37.13 -13.16 7.89

Return On Net Worth(%) 31.13 26.55 17.18Return on Long Term Funds(%) 49.62 -13.16 8.19

Current Ratio 1.08 0.6 1.04

Quick Ratio 1.71 0.45 0.67

Debt Equity Ratio 0.57 -- 2.86Long Term Debt Equity Ratio 0.17 -- 2.72

Interest Cover 12.64 -0.67 10.94Total Debt to Owners Fund 0.57 -- 2.86

Inventory Turnover Ratio 15.63 15.77 2.58

Debtors Turnover Ratio 8.37 20.2 11.41

Fixed Assets Turnover Ratio 3.76 1.48 0.48

Total Assets Turnover Ratio 3.17 9.44 0.31

Average Raw Material Holding 10.61 -- 146.82

Average Finished Goods Held 7.09 -- 53.63

Number of Days In WorkingCapital 65.52 -82.66 116.74

COMPARISON WITH PEERS


Liquidity And Solvency Ratios

Debt Coverage Ratios

Management Efficiency Ratios

Investment Valuation Ratios


22/24

Material Cost Composition 73.98 88.29 64.88

Imported Composition of Raw

Materials Consumed 0.03 4.11 34.14

Selling Distribution Cost

Composition 5.65 -- 3.23Expenses as Composition of Total

Sales 0.02 0.53 17.37

Dividend Payout Ratio Net Profit 25.5 -- 1.29Earning Retention Ratio 74.51 -- 98.77

Earnings Per Share 5.69 -3.63 47.16Book Value 18.28 -13.68 274.43

RATIO AS on 9th NOVEMBER 2011

PE RATIO 0.55 -3.37 6.8

Profit & Loss Account Ratios

Cash Flow Indicator Ratios


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COMMENTS


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