Key Financial Ratios of

Shree Cements

------------------- in Rs. Cr. -------------------

Mar '05

Mar '06

Mar '07

Mar '08

Ma

10.00

10.00

10.00

10.00

4.00

5.00

6.00

8.00

50.02

63.26

170.49

248.40

27

172.85

199.45

402.74

605.16

77

37.63

37.69

82.08

147.89

30

--

--

--

--

28.94

31.71

42.33

41.04

8.46

8.08

11.29

17.76

Gross Profit Margin(%)

26.12

30.15

42.45

18.33

Cash Profit Margin(%)

25.08

26.13

42.84

36.23

Adjusted Cash Margin(%)

25.62

28.74

41.46

36.23

Net Profit Margin(%)

4.79

2.63

12.43

11.96

Adjusted Net Profit Margin(%)

5.09

2.07

11.04

11.96

Return On Capital Employed(%)

9.38

5.76

13.62

23.37

Return On Net Worth(%)

10.04

6.21

38.94

38.69

Adjusted Return on Net Worth(%)

10.67

4.88

34.61

46.03

Return on Assets Excluding Revaluations

3.69

1.95

10.28

10.48

Return on Assets Including Revaluations

4.01

2.06

10.58

10.48

10.29

6.16

13.62

23.78

Current Ratio

0.69

0.71

2.30

1.84

Quick Ratio

0.52

0.43

1.82

1.70

Debt Equity Ratio

0.98

1.17

1.94

1.89

Long Term Debt Equity Ratio

0.80

1.03

1.94

1.84

Interest Cover

2.71

2.90

17.53

9.13

Total Debt to Owners Fund

0.98

1.17

1.94

1.89

Financial Charges Coverage Ratio

8.56

16.01

51.07

17.93

Financial Charges Coverage Ratio Post Tax

8.38

15.66

51.67

15.21

8.35

6.18

9.12

28.34

Debtors Turnover Ratio

22.44

32.92

63.01

55.73

Investments Turnover Ratio

20.27

11.14

15.74

28.34

Investment Valuation Ratios

Face Value
Dividend Per Share
Operating Profit Per Share (Rs)
Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios
Operating Profit Margin(%)
Profit Before Interest And Tax Margin(%)

Return on Long Term Funds(%)

Liquidity And Solvency Ratios

Debt Coverage Ratios

Management Efficiency Ratios

Inventory Turnover Ratio

Fixed Assets Turnover Ratio

1.09

1.12

1.85

0.96

Total Assets Turnover Ratio

1.05

1.08

1.05

1.09

Asset Turnover Ratio

0.61

0.54

0.85

0.96

Average Raw Material Holding

45.43

78.76

29.69

10.54

Average Finished Goods Held

3.51

7.82

4.01

4.45

Number of Days In Working Capital

0.50

-14.95

113.27

98.02

19.24

22.60

18.42

17.85

--

--

--

--

20.14

20.90

15.98

17.06

--

--

--

0.81

Dividend Payout Ratio Net Profit

54.66

107.92

13.46

12.52

Dividend Payout Ratio Cash Profit

10.35

9.71

3.90

4.41

Earning Retention Ratio

48.59

-37.19

84.86

89.48

Cash Earning Retention Ratio

89.77

90.10

95.97

95.87

1.82

1.73

1.49

1.61

Mar '05

Mar '06

Mar '07

Mar '08

Ma

8.34

5.28

50.81

74.74

16

83.10

85.05

130.48

193.13

34

Profit & Loss Account Ratios

Material Cost Composition
Imported Composition of Raw Materials
Consumed
Selling Distribution Cost Composition
Expenses as Composition of Total Sales

Cash Flow Indicator Ratios

AdjustedCash Flow Times

Earnings Per Share

Book Value

Key Financial Ratios of

Shree Cements

------------------- in Rs. Cr. -------------------

Mar '05

Mar '06

Mar '07

Mar '08

Ma

10.00

10.00

10.00

10.00

4.00

5.00

6.00

8.00

50.02

63.26

170.49

248.40

27

172.85

199.45

402.74

605.16

77

37.63

37.69

82.08

147.89

30

--

--

--

--

28.94

31.71

42.33

41.04

8.46

8.08

11.29

17.76

Gross Profit Margin(%)

26.12

30.15

42.45

18.33

Cash Profit Margin(%)

25.08

26.13

42.84

36.23

Adjusted Cash Margin(%)

25.62

28.74

41.46

36.23

Investment Valuation Ratios

Face Value
Dividend Per Share
Operating Profit Per Share (Rs)
Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios
Operating Profit Margin(%)
Profit Before Interest And Tax Margin(%)

Net Profit Margin(%)

4.79

2.63

12.43

11.96

Adjusted Net Profit Margin(%)

5.09

2.07

11.04

11.96

Return On Capital Employed(%)

9.38

5.76

13.62

23.37

Return On Net Worth(%)

10.04

6.21

38.94

38.69

Adjusted Return on Net Worth(%)

10.67

4.88

34.61

46.03

Return on Assets Excluding Revaluations

3.69

1.95

10.28

10.48

Return on Assets Including Revaluations

4.01

2.06

10.58

10.48

10.29

6.16

13.62

23.78

Current Ratio

0.69

0.71

2.30

1.84

Quick Ratio

0.52

0.43

1.82

1.70

Debt Equity Ratio

0.98

1.17

1.94

1.89

Long Term Debt Equity Ratio

0.80

1.03

1.94

1.84

Interest Cover

2.71

2.90

17.53

9.13

Total Debt to Owners Fund

0.98

1.17

1.94

1.89

Financial Charges Coverage Ratio

8.56

16.01

51.07

17.93

Financial Charges Coverage Ratio Post Tax

8.38

15.66

51.67

15.21

8.35

6.18

9.12

28.34

Debtors Turnover Ratio

22.44

32.92

63.01

55.73

Investments Turnover Ratio

20.27

11.14

15.74

28.34

Fixed Assets Turnover Ratio

1.09

1.12

1.85

0.96

Total Assets Turnover Ratio

1.05

1.08

1.05

1.09

Asset Turnover Ratio

0.61

0.54

0.85

0.96

Average Raw Material Holding

45.43

78.76

29.69

10.54

Average Finished Goods Held

3.51

7.82

4.01

4.45

Number of Days In Working Capital

0.50

-14.95

113.27

98.02

19.24

22.60

18.42

17.85

--

--

--

--

20.14

20.90

15.98

17.06

--

--

--

0.81

Dividend Payout Ratio Net Profit

54.66

107.92

13.46

12.52

Dividend Payout Ratio Cash Profit

10.35

9.71

3.90

4.41

Earning Retention Ratio

48.59

-37.19

84.86

89.48

Cash Earning Retention Ratio

89.77

90.10

95.97

95.87

Return on Long Term Funds(%)

Liquidity And Solvency Ratios

Debt Coverage Ratios

Management Efficiency Ratios

Inventory Turnover Ratio

Profit & Loss Account Ratios

Material Cost Composition
Imported Composition of Raw Materials
Consumed
Selling Distribution Cost Composition
Expenses as Composition of Total Sales

Cash Flow Indicator Ratios

AdjustedCash Flow Times

Earnings Per Share

Book Value

1.82

1.73

1.49

1.61

Mar '05

Mar '06

Mar '07

Mar '08

Ma

8.34

5.28

50.81

74.74

16

83.10

85.05

130.48

193.13

34