Standalone Profit and Loss Statement Maruti Suzuki

Mar-18 Mar-17
Net revenue from operations 79762.70 68034.80
Other income 2045.50 2300.10
Total Revenue 81808.20 70334.90
Expenses
Cost of material consumed 44941.30 42629.60
Purchase of stock-in-trade 9993.00 4482.10
Change in inventories of FG, WIP& stock-in-trade 40.70 -380.10
Employee benefit expenses 2833.80 2331.00
Finance costs 345.70 89.40
Depreciation and amortisation 2757.90 2602.10
Other expenses 9991.50 8724.10
Cost of Mfd/purchased for own use(vehicles/dies for own use) -99.10 -103.60
Total expenses 70804.80 60374.60
Profit before exceptional items and tax 11003.40 9960.30
Add: Exceptional items 0.00 0.00
PBT 11003.40 9960.30
Current tax 3349.50 2335.60
MAT credit availed of 0.00 0.00
Deferred tax (Net) -67.90 274.50
Net profit for the year 7721.80 7350.20

Dividend 2265.60 1057.30

Tax on Dividend 461.20 215.20
Per share data (in Rs.)
Dividend Per Share 80.00 75.00
Earnings per share 255.62 243.32
Book Value per share 1382.69 1206.33
Market price per share 8863.15 6024.30
Standalone Balance Sheet Maruti Suzuki
Equity & Liabilities Mar-18 Mar-17
Share capital 151.00 151.00
Reserves & Surplus 41606.30 36280.10
Total Shareholders' fund 41757.30 36431.10
Non-current Liabilities
Long term borrowings 0.00 0.00
Deferred tax liabilities (Net) 558.90 466.20
Other long term liabilities 1585.30 1105.00
Long term provisions 26.50 21.90
2170.70 1593.10
Current liabilities
Short term borrowings 110.80 483.60
Trade payables 10497.00 8367.30
Total outstanding dues of MSMEs 71.10 83.20
 Total outstanding dues of other than MSMEs 10425.90 8284.10
Other financial liabilities 1333.80 1302.70
Other current liabilities 2940.50 2623.80
Short term provisions 560.00 449.00
Total current Liabilities 15442.10 13226.40
Total liabilities 17612.80 14819.50
Total equity and liabilities 59370.10 51250.60
Assets
Fixed Assets
Tangible assets 13047.30 12919.70
Capital work in progress 2125.90 1252.30
Intagible Assets 311.70 373.00
Intangible assets under development 0.00 0.00
15484.90 14545.00
Goodwill on consolidation 0.00 0.00
Non current investments 34072.90 26302.20
Defferred tax assets (net) 0.00 0.00
Long term loans and advances 0.20 0.30
Other financial assets 32.40 23.80
Other non-current assets 1858.30 1603.10
51448.70 42474.40
Current Assets
Inventories 3160.80 3262.20
Current Investments 1217.30 2178.80
Trade receivables 1461.80 1199.20
Cash and Bank Balances 71.10 13.80
Shortterm loans and advances 3.00 2.50
Other financial assets 284.60 95.00
Other current assets 1722.80 2024.70
Total current assets 7921.40 8776.20
Total Assets 59370.10 51250.60
NCA -7520.70 -4450.20
Change in NCA -3070.5
Change in TA 8119.50
Groqth in TA 0.1584274135
 M&M Financial Ratios
Mar-18 Mar-17 A. Short-term Liquidity Ratios
48685.55 44053.50 1. Current Ratio =CA/CL
1036.36 1345.46 2. Quick Ratio =(CA-Inventory)/CL
49721.91 45398.96 3. Cash Ratio =Cash & BB/CL
4.NWC to TA Ratio =(CA-CL)/TA
23265.31 21129.65 5. Interval ratio =CA/Avg daily operating cost
10674.47 10893.63 B. Long-term Liquidity Ratios
194.87 57.87 1. Total Debt Ratio =(TA-TE)/TA
2840.89 2714.43 2.Debt-Equity Ratio =Total Debt/TE = (TA-TE)/TE
112.20 159.59 3.Equity Multiplier =TA/TE
1479.42 1526.38 4.Times Interest Earned (TIE) Ratio=PBIT/I
5614.45 4880.33 5.Cash Coverage Ratio =EBITDA/I
-128.46 -137.07 C.Asset Turnover Ratios
44053.15 41224.81 1 a). Inventory Turnover Ratio(ITR) =NS/Inventory
5668.76 4174.15 1. b). Days' sales in inventory =365/ITR
433.61 548.46 2. a) Receivables Turnover Ratio (RTR) =NS/Trade Receivables
6102.37 4722.61 2. b). Days' sales in receivables =365/RTR
1211.23 973.67 3.a). Payables Turnover Ratio =COGS*/Trade Payables
0.00 0.00 3.b) Days' COGS in Payables = 365/PTR
535.13 105.55 4. NWC turnover ratio =NS/NWC
4356.01 3643.39 5. CA Turnover Ratio =NS/CA
6. FA Turnover Ratio =NS/NFA
932.39 807.43 7. Total Asset Turnover Ratio (TATR) =NS/TA
122.14 120.20 D. Profitability Ratios
1. Gross profit margin (GPM)=Gross profit/NS = (NS-COGS*)/NS
7.50 13.00 2. Operating Profit Margin(OPM) =PBIT/NS
36.64 30.69 3. Net Profit Margin (NPM) =NP/Total Revenue
254.58 451.23 4. Adj NPM = (NP-Exceptional items)/Total Revenue
740.20 642.35 5. Return on Equity (ROE) =NP/TE
M&M ROE Analysis
Mar-18 Mar-17 a).PBIT/Net Rev from Ope (impact of profitable operations)
594.97 296.81 b).PBT/PBIT (Impact of finance cost)
29699.07 26488.81 c). Net profit available to shareholders/PBT (Impact of tax)
30294.04 26785.62 d) .TATR (Impact of efficiency in using assets)
e).TA/TSF (Impact of borrowing)
2195.90 2233.99 Return of Equity = Product of the above ratios
277.24 0.00 E. Valuation Ratios
464.55 490.21 1.Price- Earnings (P/E) Ratio =Market price per share/Earnings per share
861.81 824.45 2.Price-sales(P/S) ratio =MP per share/Sales per share
3799.50 3548.65 3.Price-book (P/B) ratio =MP per share/BV per share
4. Dividend yield (DY)= DPS/beginning price per share
668.47 538.88 5. Capital gain (CG)=(end price per share-beginning price per share)/beg price
8603.40 6881.08 6. Total Return to Shareholders=DY+CG
 906.99 757.01
2476.96 891.60
667.39 565.48
13323.21 9634.05
17122.71 13182.70
47416.75 39968.32

6507.95 6536.72
1079.72 409.78
1351.46 1234.32
2048.99 1630.62
10988.12 9811.44
0.00 0.00
16645.48 14301.70
0.00 254.84
43.01 34.12
488.73 378.59
2776.94 2579.63
30942.28 27360.32

2701.69 2758.01
3937.49 3606.70
3172.98 2938.84
2893.73 1687.48
975.16 506.51
621.53 571.29
2171.89 539.17
16474.47 12608.00
47416.75 39968.32
3151.26 2973.95
177.31
7448.43
0.1863583
Maruti Suzuki M&M
Mar-18 Mar-17 Mar-18 Mar-17
0.51 0.66 1.24 1.31
0.31 0.42 1.03 1.02
0.00 0.00 0.22 0.18
-0.13 -0.09 0.07 0.07
33.16 53.06 136.50 111.63

0.30 0.29 0.36 0.33

0.42 0.41 0.57 0.49
1.42 1.41 1.57 1.49
32.83 112.41 51.52 27.16
40.81 141.52 64.71 36.72

14.22 13.07 8.61 7.66

25.67 27.93 42.39 47.64
54.56 56.73 15.34 14.99
6.69 6.43 23.79 24.35
4.28 5.09 2.70 3.07
85.25 71.64 134.98 118.87
-10.61 -15.29 15.45 14.81
10.07 7.75 2.96 3.49
5.15 4.68 4.43 4.49
1.34 1.33 1.03 1.10

0.44 0.37 0.52 0.52 check this section

0.14 0.15 0.12 0.10
0.10 0.11 0.09 0.08
0.14 0.15 0.12 0.09
0.18 0.20 0.14 0.14

0.14 0.15
0.97 0.99 0.97 0.98
77 71
1.12 1.08
1.57 1.4x
0.52963