Balance Sheet of NTPC

--------Mar '11

Mar '10

Mar '09

12 mths

12 mths

12 mths

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

8,245.46
8,245.46
0
0
60,138.66
0
68,384.12
9,910.68
33,277.56
43,188.24
111,572.36

8,245.50
8,245.50
0
0
55,478.60
0
63,724.10
9,079.90
28,717.10
37,797.00
101,521.10

8,245.50
8,245.50
0
0
50,749.40
0
58,994.90
8,969.60
25,598.20
34,567.80
93,562.70

Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets

72,583.94
33,519.19
39,064.75
38,441.84
12,344.84
3,639.12
7,924.31
326.34
11,889.77
7,648.10
15,858.92
35,396.79
0
10,945.55
2,730.31
13,675.86
21,720.93
0
111,572.36

66,663.80
32,088.80
34,575.00
32,290.60
14,807.10
3,347.70
6,651.40
634
10,633.10
6,357.10
13,825.50
30,815.70
0
7,896.80
3,070.50
10,967.30
19,848.40
0
101,521.10

62,353.00
29,415.30
32,937.70
26,404.90
13,983.50
3,243.40
3,584.20
271.8
7,099.40
7,826.10
15,999.80
30,925.30
0
7,439.20
3,249.50
10,688.70
20,236.60
0
93,562.70

33,227.29
82.94

40,044.00
77.28

66,083.20
71.55

Contingent Liabilities
Book Value (Rs)

------------------- in Rs. Cr. ------------------Mar '08

Mar '07

Mar '06

Mar '05

Mar '04

12 mths

12 mths

12 mths

12 mths

12 mths

8,245.50
8,245.50
0
0
46,021.90
0
54,267.40
7,314.70
19,875.90
27,190.60
81,458.00

8,245.50
8,245.50
0
0
40,351.30
0
48,596.80
7,479.60
17,661.50
25,141.10
73,737.90

8,245.50
8,245.50
0
0
36,713.20
0
44,958.70
6,173.50
14,464.60
20,638.10
65,596.80

8,245.50
8,245.50
0
0
33,530.80
0
41,776.30
4,778.10
12,647.10
17,425.20
59,201.50

7,812.50
7,812.50
0
0
28,116.00
0
35,928.50
4,743.50
10,868.40
15,611.90
51,540.40

53,368.00
27,274.30
26,093.70
22,478.30
15,267.20
2,675.70
2,982.70
473
6,131.40
9,936.20
14,460.20
30,527.80
0
5,548.40
7,360.60
12,909.00
17,618.80
0
81,458.00

50,604.20
25,079.20
25,525.00
16,962.30
16,094.30
2,510.20
1,252.30
750.1
4,512.60
8,781.70
12,564.50
25,858.80
0
5,422.20
5,280.30
10,702.50
15,156.30
0
73,737.90

45,917.60
22,950.10
22,967.50
13,756.00
19,289.10
2,340.50
867.8
176.8
3,385.10
6,555.10
8,294.60
18,234.80
0
4,910.30
3,740.30
8,650.60
9,584.20
0
65,596.80

42,996.10
20,791.40
22,204.70
10,038.60
20,797.70
1,777.70
1,374.70
367.3
3,519.70
5,491.10
5,711.00
14,721.80
0
5,884.60
2,676.70
8,561.30
6,160.50
0
59,201.50

39,933.70
18,773.60
21,160.10
7,589.70
17,338.00
1,738.00
469.9
602.5
2,810.40
11,825.40
6.6
14,642.40
0
7,465.30
1,724.50
9,189.80
5,452.60
0
51,540.40

29,361.80
65.81

25,218.80
58.94

16,429.80
54.53

16,680.00
50.67

8,746.50
45.99

Mar '03

Mar '02

12 mths

12 mths

7,812.50
7,812.50
0
0
23,700.20
0
31,512.70
4,149.70
9,093.10
13,242.80
44,755.50

7,812.55
7,812.55
0
0
20,839.93
0
28,652.48
1,645.50
9,935.68
11,581.18
40,233.66

36,610.60
16,745.60
19,865.00
6,386.30
3,667.40
1,771.20
12,434.90
0
14,206.10
4,662.40
544.7
19,413.20
0
3,420.30
1,164.80
4,585.10
14,828.10
8.7
44,755.50

32,891.16
15,213.11
17,678.05
6,558.38
4,028.11
2,014.20
11,532.83
1,199.29
14,746.32
3,025.31
5.57
17,777.20
0
3,141.70
2,673.61
5,815.31
11,961.89
7.24
40,233.67

0
40.34

7,429.53
3,667.49

Profit & Loss account

Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
Expenditure
Raw Materials
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses
Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Off
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)
Internal growth
ROE
Number of Shares

Mar '11

Mar '10

12 mths

12 mths

55,216.69
278.01
54,938.68
2,525.48
0
57,464.16

46,623.60
245.9
46,377.70
2,872.80
0
49,250.50

31.33
35,796.37
3,395.27
1,273.14
2,264.01
525.63
-1,052.98
42,232.77

31.1
29,689.10
2,946.80
1,096.60
578.5
436.4
-866.9
33,911.60

12,705.91
15,231.39
2,027.21
13,204.18
2,485.69
4.5
10,713.99
1,330.06
12,044.05
2,630.54
9,102.59
42,201.44
0
3,133.26
514.77

12,466.10
15,338.90
1,861.90
13,477.00
2,650.10
4.3
10,822.60
616.1
11,438.70
2,682.70
8,728.20
33,880.50
0
3,133.20
527.6

82,454.64
11.04
38
82.94

82,454.64
10.59
38
77.28

0.133109704
48418964

0.136968588
8245464400

EPS
Dividend Per Share
payout ratio
Retention ratio
Growth in equity
Past Data
EPS
Growth in equity
A.M.
G.M.
Regression approach
Year
year-avg. year(y)
EPS
ln EPS
y.ln EPS
y2
ln(1+growth)
Growth in equity

11.04
3.8
0.344202899
0.655797101
0.087292958

10.59
3.8
0.358829084
0.641170916
0.087820275

11.04
0.042492918

10.59
0.064321608

10
4.5
11.04
2.401525041
10.80686268

9
3.5
10.59
2.35991016
8.259685559

20.25

12.25

Mar '09

Mar '08

------------------- in Rs. Cr. ------------------Mar '07

Mar '06
Mar '05

12 mths

12 mths

12 mths

12 mths

12 mths

42,196.80
221.6
41,975.20
3,012.80
0
44,988.00

37,302.40
211.4
37,091.00
3,119.70
0
40,210.70

32,817.30
185.6
32,631.70
2,875.60
0
35,507.30

26,318.60
175.7
26,142.90
2,897.90
0
29,040.80

22,565.00
0
22,565.00
2,438.60
0
25,003.60

31
27,292.30
2,897.60
940
473.2
394.9
-637.4
31,391.60

26.8
22,160.70
2,229.30
920
389.8
368.2
-544.7
25,550.10

23.7
19,947.60
1,362.60
842.9
410.8
292.4
-418.4
22,461.60

25
16,497.10
1,137.50
705.1
353.2
247.2
-256.4
18,708.70

17.9
13,804.10
997.1
586.7
-284.9
205.8
-74.8
15,251.90

10,583.60
13,596.40
1,737.00
11,859.40
2,364.50
3.6
9,491.30
1,305.20
10,796.50
2,554.70
8,201.30
31,360.60
0
2,968.30
501.7

11,540.90
14,660.60
1,982.20
12,678.40
2,138.50
3.1
10,536.80
-114
10,422.80
2,994.20
7,414.80
25,523.30
0
2,885.90
490.5

10,170.10
13,045.70
2,055.70
10,990.00
2,075.40
9.9
8,904.70
134.2
9,038.90
2,163.70
6,864.70
22,437.90
0
2,638.50
389.6

7,434.20
10,332.10
2,004.60
8,327.50
2,047.70
1.3
6,278.50
633.7
6,912.20
1,082.40
5,820.20
18,683.70
0
2,308.70
323.8

7,313.10
9,751.70
1,701.60
8,050.10
1,958.40
0.4
6,091.30
574.70
6,666.00
834.80
5,807.00
15,234.00
0
1,979.00
268

82,454.64
9.95
36
71.55

82,454.64
8.99
35
65.81

82,454.64
8.33
32
58.94

82,454.64
7.06
28
54.53

82,454.64
7.04
24
50.67

0.139017101
8245464400

0.136634517
8245464400

0.141258272
8245464400

0.12945659
8245464400

0.139002257
8245464400

9.95
3.6
0.361809045
0.638190955
0.088719457

8.99
3.5
0.389321468
0.610678532
0.083439766

8.33
3.2
0.384153661
0.615846339
0.08699339

7.06
2.8
0.396600567
0.603399433
0.078114033

7.04
2.4
0.340909091
0.659090909
0.091615124

9.95
0.106785317

8.99
0.079231693

8.33
0.179886686

7.06
0.002840909

7.04
0.046062407

8
2.5
9.95
2.297572551
5.743931378

7
1.5
8.99
2.196112848
3.294169273

6
0.5
8.33
2.119863456
1.059931728

5
-0.5
7.06
1.954445052
-0.977222526

4
-1.5
7.04
1.95160817
-2.927412255

6.25

2.25

0.25

0.25

2.25

Mar '04

Mar '03

Mar '02

12 mths

12 mths

12 mths

18,868.40
0
18,868.40
6,109.60
0
24,978.00

19,047.50
0
19,047.50
403.6
0
19,451.10

17,917.23
95.73
17,821.50
704.15
0
18,525.65

15.1
12,284.20
961
542.3
-92.7
188.60
-256.2
13,642.30

0
11,031.20
826.8
0
555.5
1,081.40
0
13,494.90

19.42
10,588.68
894.53
566.37
295.23
177.75
-297.37
12,244.61

5,226.10
11,335.70
3,372.70
7,963.00
2,023.20
9.5
5,930.30
1,013.50
6,943.80
1,658.30
5,260.80
13,627.20
0
1,082.30
138.7

5,552.60
5,956.20
991.60
4,964.60
1,529.10
0
3,435.50
318.5
3,754.00
146.50
3,607.50
13,494.90
0
708
39.5

5,576.89
6,281.04
1,153.50
5,127.54
1,383.29
0
3,744.25
828.05
4,572.30
1,029.89
3,539.62
12,225.20
0
707.93
0

78,125.49
6.73
13.85
45.99

78,125.49
4.62
9.06
40.34

781.25
4.5307
9.06
3,667.49

0.146424148
8245464400

0.114477655
7812549400

0.123536252
78125494

6.73
1.39
0.20653789
0.79346211
0.116182013

4.62
0.91
0.196969697
0.803030303
0.091929026

6.73
0.456709957

4.62
0.019709979

4.5307
0.906
0.1999691
0.8000309
0.098832819 0.091094

4.5307
-0.990519961

477.92
0.122291
0.063015

3
-2.5
6.73
1.906575144
-4.766437859

2
-3.5
4.62
1.530394705
-5.356381468

6.25

12.25

1
5.5
-4.5
4.5307
1.510876453
-6.798944038 8.338182
20.25

82.5
0.101069
0.106353

Capital Structure (NTPC)

Period
From
To
2010
2009
2008
2007
2006
2005
2004
2003
2000
1999
1994
1993
1992
Year

Instrument
2011
2010
2009
2008
2007
2006
2005
2004
2002
2000
1995
1994
1993

Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share

70
87.9
112
137.5
254
182
238.7
201
160.3

High Price
Low Price
Close Price
90.05
68
113.9
77.4
157.8
90.9
284.9
129
291
113
241.7
165.5
239
175.2
203.15
152
190.3
155.35

Open Price
2004
2005
2006
2007
2008
2009
2010
2011
2012

Authorized Capital
(Rs. cr)
10000
10000
10000
10000
10000
10000
10000
10000
8000
8000
8000
8000
8000

87.35
112.1
136.4
250.05
181
235.7
200.6
160.6
172.7

Issued Capital
(Rs. cr)
8245.46
8245.46
8245.46
8245.46
8245.46
8245.46
8245.46
7812.55
7812.55
7812.55
7999.84
7999.84
7508.27
No.of Shares
335569397
361045256
259159361
385880374
596458956
284826183
110982919
48418964
10269848

-PAIDUPShares (nos)
Face Value
8245464400
8245464400
8245464400
8245464400
8245464400
8245464400
8245464400
7812549400
78125494
78125494
79998394
79998394
75082694

Capital
10
10
10
10
10
10
10
10
1000
1000
1000
1000
1000

8245.46
8245.46
8245.46
8245.46
8245.46
8245.46
8245.46
7812.55
7812.55
7812.55
7999.84
7999.84
7508.27

No. of Trades Total Turnover (Rs.)Spread High-Low

Spread Close-Open
645719
25844315591
22.05
17.35
1107363
33291037124
36.5
24.2
1156705
33240098998
66.9
24.4
2319542
76521877065
155.9
112.55
4750081
1.13614E+11
178
-73
2106819
56827019613
76.2
53.7
784512
22934329235
63.8
-38.1
540681
8549432450
51.15
-40.4
111969
1774679578
34.95
12.4

Dividend growth evaluation process

Internal Growth
A.M.
G.M.
Log-Linear Growth

Growth rate
0.091093886
0.122291437
0.063014562
0.106352843

Cost of Equity
DIV 1
Price
13.2363727470219%
0.91
22.05
16.3561278028432%
10.4284403501188%
14.7622684316262%

YEAR

Mar '11

Total Debt
Networth
CAPITAL EMPLOYED
Interest
PBDIT

43,188.24 37,797.00 34,567.80

68,384.12 63,724.10 58,994.90
111,572.36 101,521.10 93,562.70
2,027.21
1,861.90 1,737.00
15,231.39 15,338.90 13,596.40

TOTAL DEBT RATIO=TOTAL DEBT/CAPITAL EMPLOYED

0.3870873 0.3723068 0.369461 0.333799

DEBT EQUITY RATIO=NET WORTH/TOTAL DEBT

1.5833968 1.6859566 1.706643 1.995815

INTEREST COVERAGE =EBIDTA/INTEREST

7.5134742

Mar '10

Mar '09

Mar '08
27,190.60
54,267.40
81,458.00
1,982.20
14,660.60

8.238305 7.827519 7.396126

INTEREST COVERAGE

8
7
6
5
4

INTEREST COVERAGE

3
2
1
0
Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

LEVERAGE RATIO
Mar '07
25,141.10
48,596.80
73,737.90
2,055.70
13,045.70

0.4

TOTAL DEBT RATIO

0.38
0.36

0.340952

0.34

1.932962

TOTAL DEBT RATIO

0.32

6.346111

0.3
Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

DEBT EQUITY RATIO

2.5
2

INTEREST COVERAGE
1.5
DEBT EQUITY RATIO

1
0.5
0
Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

OTAL DEBT RATIO

Mar '07

YEAR

Mar '07

Total Debt
Networth
CAPITAL EMPLOYED
Interest
PBDIT

Mar '08
25,141.10
48,596.80
73,737.90
2,055.70
13,045.70

27,190.60
54,267.40
81,458.00
1,982.20
14,660.60

TOTAL DEBT RATIO=TOTAL DEBT/CAPITAL EMPLOYED

0.34095221

0.333799013

DEBT EQUITY RATIO=NET WORTH/TOTAL DEBT

1.93296236

1.99581473

6.346110814

7.396125517

INTEREST COVERAGE =EBIDTA/INTEREST

debt equity ratio

2.5
2
1.5
debt equity ratio

1
0.5
0
Mar '07

Mar '08

Mar '09

Mar '10

Mar '11

Mar '09

Mar '10

Mar '11

34,567.80
58,994.90
93,562.70
1,737.00
13,596.40

37,797.00
63,724.10
101,521.10
1,861.90
15,338.90

43,188.24
68,384.12
111,572.36
2,027.21
15,231.39

0.369461334

0.372306841

0.387087268

1.706643177

1.685956557

1.583396777

7.82751871

8.238304957

7.513474184

0.45
0.4
0.35
0.3
0.25
0.2
0.15
0.1
0.05
0

debt equity ratio

Mar '07

Mar '08

Mar '09

Mar '10

Mar '11

interest coverage ratio

9
8
7
6
5
4
3
2
1

interest coverage ratio

1
0
Mar '07

Mar '08

Mar '09

Mar '10

Mar '11

total debt ratio

interest coverage ratio