Bhel balance sheet

Balance Sheet of Bharat Heavy Electricals

------------------- in Rs. Cr. ------------------Mar '12

Mar '11

Mar '10

Mar '09

Mar '0

12 mths

12 mths

12 mths

12 mths

12 mth

Total Share Capital

Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth

489.52
489.52
0.00
0.00
24,883.69
0.00
25,373.21

489.52
489.52
0.00
0.00
19,664.32
0.00
20,153.84

489.52
489.52
0.00
0.00
15,427.84
0.00
15,917.36

489.52
489.52
0.00
0.00
12,449.29
0.00
12,938.81

489.5
489.5
0.0
0.0
10,284.6
0.0
10,774.2

Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

0.00
123.43
123.43
25,496.64
Mar '12

0.00
163.35
163.35
20,317.19
Mar '11

0.00
127.75
127.75
16,045.11
Mar '10

0.00
149.37
149.37
13,088.18
Mar '09

0.0
95.1
95.1
10,869.3
Mar '0

12 mths

12 mths

12 mths

12 mths

12 mth

Gross Block
Less: Accum. Depreciation
Net Block

9,729.62
5,409.83
4,319.79

8,049.30
4,648.82
3,400.48

6,579.70
4,164.74
2,414.96

5,224.43
3,754.47
1,469.96

4,443.0
3,462.2
980.8

Capital Work in Progress

Investments

1,324.63
461.67

1,762.62
439.17

1,550.49
79.84

1,212.70
52.34

658.4
8.2

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

13,444.50
26,336.13
6,671.98
46,452.61
14,217.32
0.00
60,669.93
0.00
33,638.01
7,641.37
41,279.38
19,390.55

10,963.03
27,354.62
1,430.15
39,747.80
13,267.07
8,200.00
61,214.87
0.00
31,469.58
15,030.37
46,499.95
14,714.92

9,235.46
20,688.75
865.08
30,789.29
4,801.24
8,925.00
44,515.53
0.00
28,097.73
4,417.98
32,515.71
11,999.82

7,837.02
15,975.50
1,950.51
25,763.03
4,616.67
8,364.16
38,743.86
0.00
23,415.10
4,975.58
28,390.68
10,353.18

5,736.4
11,974.8
1,511.0
19,222.2
7,366.1
6,875.0
33,463.4
0.0
16,632.9
7,608.6
24,241.6
9,221.8

Miscellaneous Expenses
Total Assets

0.00
25,496.64

0.00
20,317.19

0.00
16,045.11

0.00
13,088.18

0.0
10,869.3

2,424.33

2,324.26

2,538.13

2,546.25

1,673.1

Sources Of Funds

Application Of Funds

Contingent Liabilities
Book Value (Rs)

Bharat Heavy Electricals

Previous Years

Standalone Profit & Loss account

------------------- in Rs. Cr. ------------------Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

12 mths

12 mths

12 mths

12 mths

12 mths

Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
Expenditure

50,260.81
2,530.22
47,730.59
1,265.55
823.20
49,819.34

44,002.76
1,980.00
42,022.76
1,015.31
127.35
43,165.42

34,613.43
1,387.18
33,226.25
1,085.73
786.65
35,098.63

28,504.05
1,889.69
26,614.36
1,023.88
1,151.54
28,789.78

21,775.60
2,234.52
19,541.08
1,023.12
827.33
21,391.53

Raw Materials
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

25,113.12
510.25
5,465.83
3,830.21
0.00
3,831.25
0.00
38,750.66
Mar '12

19,887.45
402.86
5,396.71
3,482.76
3,939.30
486.30
0.00
33,595.38
Mar '11

17,752.74
337.99
6,449.17
2,980.25
279.72
113.84
0.00
27,913.71
Mar '10

15,587.43
341.82
2,991.27
2,086.06
2,412.22
162.50
0.00
23,581.30
Mar '09

10,400.69
273.07
2,602.30
1,464.58
1,664.57
216.60
0.00
16,621.81
Mar '08

12 mths

12 mths

12 mths

12 mths

12 mths

9,803.13

8,554.73

6,099.19

4,184.60

3,746.60

PBDIT
Interest
PBDT
Depreciation
Other Written Off
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit

11,068.68
51.28
11,017.40
800.00
0.00
10,217.40
-19.25
10,198.15
3,262.30
7,039.96

9,570.04
54.73
9,515.31
475.61
0.00
9,039.70
79.66
9,119.36
3,088.13
6,011.20

7,184.92
33.50
7,151.42
458.01
0.00
6,693.41
46.47
6,739.88
2,326.35
4,310.64

5,208.48
30.71
5,177.77
334.27
0.00
4,843.50
96.64
4,940.14
1,799.31
3,138.21

4,769.72
35.42
4,734.30
297.21
0.00
4,437.09
-12.69
4,424.40
1,565.06
2,859.34

Total Value Addition

Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)

13,637.54
0.00
1,566.47
254.12

13,707.93
0.00
1,524.85
249.88

10,160.97
0.00
1,140.58
191.51

7,993.87
0.00
832.18
141.43

6,221.12
0.00
746.52
126.87

Shares in issue (lakhs)

Earning Per Share (Rs)

24,476.00
28.76

4,895.20
122.80

4,895.20
88.06

4,895.20
64.11

4,895.20
58.41

320.00

311.50

233.00

170.00

152.50

Income

Operating Profit

Equity Dividend (%)

Book Value (Rs)

103.67

411.71

325.16

264.32

220.10

Source : Dion Global Solutions Limited

Bharat Heavy Electricals

Previous Years

Key Financial Ratios

Mar
'12

Mar '11

Mar '10

Mar '09

Mar '08

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

2.00
6.40
40.05
195.01
-50.00

10.00
31.15
174.35
858.45
401.65
50.00

10.00
23.30
122.49
678.75
315.11
50.00

10.00
17.00
85.43
543.68
254.23
50.00

10.00
15.25
76.54
399.19
209.99
50.00

Operating Profit Margin(%)

Profit Before Interest And Tax Margin(%)
Gross Profit Margin(%)
Cash Profit Margin(%)
Adjusted Cash Margin(%)
Net Profit Margin(%)
Adjusted Net Profit Margin(%)
Return On Capital Employed(%)
Return On Net Worth(%)
Adjusted Return on Net Worth(%)
Return on Assets Excluding Revaluations
Return on Assets Including Revaluations
Return on Long Term Funds(%)
Liquidity And Solvency Ratios

20.53
18.37
18.86
15.82
15.82
14.36
14.36
40.27
27.74
27.41
103.67
103.67
40.27

20.30
18.76
19.17
14.72
14.72
13.99
13.99
44.25
29.82
29.01
411.71
411.71
44.25

18.04
16.13
16.66
13.80
13.80
12.55
12.55
41.37
27.08
26.88
325.16
325.16
41.37

15.71
13.93
14.45
12.10
12.10
11.36
11.36
36.95
24.25
23.24
264.32
264.32
36.95

19.17
16.73
17.65
15.59
15.59
13.87
13.87
41.56
26.53
27.07
220.10
220.10
41.56

1.47
1.11
---

1.32
1.03
0.01
0.01

1.37
1.04
0.01
0.01

1.36
1.02
0.01
0.01

1.38
1.09
0.01
0.01

200.25
0.00
215.85

164.27
0.01
172.96

198.19
0.01
211.86

157.51
0.01
168.40

127.55
0.01
135.94

153.89

119.52

143.35

114.07

90.12

3.74
1.78

4.11
1.75

3.77
1.81

3.70
1.90

3.88
1.80

Investment Valuation Ratios

Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio
Debt Coverage Ratios
Interest Cover
Total Debt to Owners Fund
Financial Charges Coverage Ratio
Financial Charges Coverage Ratio Post
Tax
Management Efficiency Ratios
Inventory Turnover Ratio
Debtors Turnover Ratio

Investments Turnover Ratio

Fixed Assets Turnover Ratio
Total Assets Turnover Ratio
Asset Turnover Ratio

3.74
5.07
1.90
2.08

4.11
5.31
2.08
2.31

3.77
5.15
2.09
2.28

3.70
5.20
2.05
2.22

3.88
4.48
1.81
4.48

--146.25

101.42
10.27
126.06

83.34
9.80
130.02

80.96
9.74
140.04

88.75
12.03
169.89

Material Cost Composition

Imported Composition of Raw Materials
Consumed
Selling Distribution Cost Composition
Expenses as Composition of Total Sales
Cash Flow Indicator Ratios

52.61

47.32

53.42

58.56

53.22

32.05

31.26

35.15

27.81

27.73

-30.20

0.99
2.90

1.06
4.71

1.09
6.70

1.22
4.80

Dividend Payout Ratio Net Profit

Dividend Payout Ratio Cash Profit
Earning Retention Ratio
Cash Earning Retention Ratio
AdjustedCash Flow Times

25.86
23.22
73.83
76.53
0.02

29.52
27.35
69.66
71.94
0.03

30.90
27.93
68.88
71.89
0.03

31.02
28.03
67.63
70.87
0.04

30.54
27.66
70.07
72.83
0.03

Mar
'12

Mar '11

Mar '10

Mar '09

Mar '08

28.76
103.67

122.80
411.71

88.06
325.16

64.11
264.32

58.41
220.10

Average Raw Material Holding

Average Finished Goods Held
Number of Days In Working Capital
Profit & Loss Account Ratios

Earnings Per Share

Book Value
Source : Dion Global Solutions Limited