RATIO ANALYSIS

Company Name Reference Opto Circuit Moneycontrol.com Annual Report Sagar Desai Bhargesh Ved

Prepared By

Annual Report

Opto-CircuitsAnnual-Report-201

Opto Circuits India

Standalone Balance Sheet In Rs, Cr Mar '12

Balance sheet ratios

1 Current ratio Current Ratio = Current Assets / Current Liabilities CA 568.38

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 242.32 242.32 0 0 970.79 0 1,213.11 581.43 67.82 649.25 1,862.36 Mar '12 12 mths 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 95.8 21.9 73.9 1.28 381.66 265.45 257.33 45.6 568.38 980.36 0 1,548.74 0 58 85.23 143.23 1,405.51 0 1,862.35

CL 143.23 Current Ratio = 3.968303 Current Ratio(:) 4:1 The current ratio compares a company's current assets (th cash during the current accounting period) to its current li due during the same period)

Conclusion The Company has adequate assets to pay

2 Acid-Test/Quick Ratio Quick Ratio = (Current Assets - Inventory) / Current Liabil CA 568.38 Inventory 265.45 CL 143.23 Quick Ratio= 2.11 0.47

Conclusion The Company has adequate assets to pay

3 Debt-Equity ratio Debt-Equity ratio = Long Term Debts / Share Hodlers Equ LTD SHE Debt-Equity ratio = 649.25 242.32 2.68

Conclusion The Debt-Equity ratio is healthy

Contingent Liabilities Book Value (Rs)

506.65 50.06

nce sheet ratios

Current Liabilities

pany's current assets (those that can be converted to g period) to its current liabilities (those liabilities coming

dequate assets to pay its liablites

ventory) / Current Liabilities

dequate assets to pay its liablites

bts / Share Hodlers Equity

io is healthy

Standalone Profit & Loss account

in Rs. Cr. Mar '12

12 mths 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 377.02 1.18 8.25 1.41 0 15.99 0 403.85 Mar '12 12 mths 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 (%) 279.35 280.69 36.65 244.04 6.05 0 237.99 0 237.99 3.21 234.77 26.84 0 72.7 11.79 2,423.19 9.69 30

1 Operating Ratio = (Operating c

669.74 0 669.74 1.34 13.46 684.54

Operating Ratio = 100

Operating costs are the expense operation of a device, compone by an organization just to maint

56.29% 0.18% 1.23% 0.21% 0.00% 2.39% 0.00% 60.30%

2 Expense Ratio = (Particular Exp Conclusion

3 Operating profit ratio =

Operating Ratio =

Conclusion Comparing the Ope very High. The actual Profit of t

Book Value (Rs)

50.06

Source : Dion Global Solutions Limited

P&L Ratios

Operating Ratio erating Ratio = (Operating cost / Net Sales) * 100 Operating Cost 403.85 Net Sales 669.74 erating Ratio = 60%

erating costs are the expenses which are related to the operation of a business, or to the ration of a device, component, piece of equipment or facility. They are the cost of resources used an organization just to maintain its existence. Conclusion The operating cost is 60% of net sales which is very high

Expense Ratio ense Ratio = (Particular Expenses/Net Sales) * 100 Compared with net sales the raw material cost is very is high which needs to be controlled This impacts Companys profitablity

Operating Profit Ratio erating profit ratio = (Operating Profit / Net Sales) *100 Operating Profit 279.35 Net Sales 669.74 erating Ratio = 42%

nclusion Comparing the Operation Ratio as well as Expense Ratio the Operating Profit Ratio of this company is y High. The actual Profit of this compny is low due to Taxes , Interests paid which are affecting the Net Profits