---------------

Standalon ---- in Rs.

e Balance Cr.
Sheet ---------------
----
Mar 19 18-Mar 17-Mar 16-Mar 15-Mar

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND
LIABILITIES
SHAREHOLDER'S
FUNDS
Equity
Share 26.61 26.61 26.61 26.61 26.61
Capital
Total
Share 26.61 26.61 26.61 26.61 26.61
Capital
Reserves
and 622.44 568.05 510.95 420.1 378.18
Surplus
Total
Reserves
622.44 568.05 510.95 420.1 378.18
and
Surplus

Total
Sharehold 649.04 594.66 537.55 446.7 404.79
ers Funds

NON-CURRENT
LIABILITIES

Long Term
192.65 181.75 0 0 0
Borrowings

Deferred
Tax
39.87 39.21 38.24 28.47 24.32
Liabilities
[Net]

Other Long
Term 3.12 0 0 0.58 0
Liabilities

Total Non-
Current 235.63 220.96 38.24 29.05 24.32
Liabilities
CURRENT
LIABILITIES

Short Term
168.46 126.61 98.45 114.47 93.31
Borrowings

Trade
54.31 7.96 6.22 7.12 34.45
Payables
Other
Current 105.38 31.62 21.38 18.5 15.13
Liabilities

Short Term
0 0 3.09 19.42 24.29
Provisions

Total
Current 328.15 166.2 129.14 159.52 167.18
Liabilities
Total
Capital
1,212.82 981.82 704.94 635.27 596.29
And
Liabilities
ASSETS
NON-CURRENT
ASSETS
Tangible
220.43 211.6 214.82 209.18 168.77
Assets
Intangible
0.01 0.03 0.08 0.14 0
Assets
Capital
Work-In- 424.13 213.43 0.16 0 6.75
Progress
Fixed
644.56 425.06 215.06 209.32 175.52
Assets
Non-
Current
158.58 157.89 153.92 150.96 150.96
Investment
s

Long Term
Loans And 0 0 0 39.09 4.92
Advances

Other Non-
Current 41.92 40.11 39.32 0 0
Assets
Total Non-
Current 845.06 623.06 408.3 399.37 331.4
Assets
CURRENT ASSETS

Inventories 145.19 144.98 137.15 95.02 128.8

Trade
Receivable 148.91 124.98 104.47 91.74 89.98
s
Cash And
Cash
38.98 8.03 5.56 3.85 3.03
Equivalent
s

Short Term
Loans And 0 0 0 44.64 42.6
Advances
OtherCurre
34.68 80.77 49.46 0.65 0.49
ntAssets
Total
Current 367.76 358.76 296.64 235.91 264.9
Assets
Total
1,212.82 981.82 704.94 635.27 596.29
Assets
OTHER ADDITIONAL
INFORMATION
CONTINGENT
LIABILITIES,
COMMITMENTS

Contingent
77.1 93.42 154.68 321.54 159.2
Liabilities

CIF VALUE OF
IMPORTS
Raw
0 0 0 325.74 333.97
Materials

Stores,
Spares
0 0 0 3.36 5.24
And Loose
Tools

Capital
0 0 0 7.45 6.86
Goods
EXPENDITURE IN
FOREIGN
EXCHANGE
Expenditur
e In
374.32 424.68 360.73 0.8 0.31
Foreign
Currency

REMITTANCES IN
FOREIGN
CURRENCIES FOR
DIVIDENDS

Dividend
Remittanc
e In - - - 2.17 1.03
Foreign
Currency
EARNINGS IN
FOREIGN
EXCHANGE
FOB Value
689.74 737.96 639.09 636.14 601.85
Of Goods

Other
29.4 0.07 0.14 0.13 0.2
Earnings
BONUS DETAILS
Bonus
Equity
13.3 13.3 13.3 13.3 13.3
Share
Capital
NON-CURRENT
INVESTMENTS
Non-
Current
Investment
- - - 0.52 0.04
s Quoted
Market
Value

Non-
Current
Investment
s 158.58 157.89 153.89 150.95 150.95
Unquoted
Book
Value

CURRENT
INVESTMENTS
Current
Investment
s Quoted - - - - -
Market
Value

Current
Investment
s
Unquoted
Book
Value

cash flow

---------------
---- in Rs.
Cash Flow Cr.
---------------
----
Mar '19 Mar '18 Mar '17 Mar '16 Mar '15

12 mths 12 mths 12 mths 12 mths 12 mths

Net Profit
Before 178.58 151.25 153.11 126.26 114.24
Tax
Net Cash
From
113.93 72.04 55.45 107.17 64.43
Operating
Activities
Net Cash
(used
in)/from -136.05 -239.5 -21.96 -76.77 -22.62
Investing
Activities
Net Cash
(used
in)/from 29.71 169.88 -32.03 -29.58 -43.77
Financing
Activities

Net
(decrease)
/increase
In Cash 7.59 2.42 1.46 0.82 -1.95
and Cash
Equivalen
ts

Opening
Cash &
Cash 7.55 5.12 3.66 3.03 4.98
Equivalent
s

Closing
Cash &
Cash 15.14 7.55 5.12 3.85 3.03
Equivalent
s

cash flow (new)

---------------
Standalon ---- in Rs.
e Balance Cr.
Sheet ---------------
----
Mar 19 18-Mar 17-Mar 16-Mar 15-Mar

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND
LIABILITIES
SHAREHOLDER'S
FUNDS
Equity
Share 26.61 26.61 26.61 26.61 26.61
Capital
Total
Share 26.61 26.61 26.61 26.61 26.61
Capital
Reserves
and 622.44 568.05 510.95 420.1 378.18
Surplus
Total
Reserves
622.44 568.05 510.95 420.1 378.18
and
Surplus
Total
Sharehold 649.04 594.66 537.55 446.7 404.79
ers Funds

NON-CURRENT
LIABILITIES

Long Term
192.65 181.75 0 0 0
Borrowings

Deferred
Tax
39.87 39.21 38.24 28.47 24.32
Liabilities
[Net]

Other Long
Term 3.12 0 0 0.58 0
Liabilities

Total Non-
Current 235.63 220.96 38.24 29.05 24.32
Liabilities
CURRENT
LIABILITIES

Short Term
168.46 126.61 98.45 114.47 93.31
Borrowings

Trade
54.31 7.96 6.22 7.12 34.45
Payables
Other
Current 105.38 31.62 21.38 18.5 15.13
Liabilities

Short Term
0 0 3.09 19.42 24.29
Provisions

Total
Current 328.15 166.2 129.14 159.52 167.18
Liabilities
Total
Capital
1,212.82 981.82 704.94 635.27 596.29
And
Liabilities
ASSETS
NON-CURRENT
ASSETS
Tangible
220.43 211.6 214.82 209.18 168.77
Assets
Intangible
0.01 0.03 0.08 0.14 0
Assets
Capital
Work-In- 424.13 213.43 0.16 0 6.75
Progress
Fixed
644.56 425.06 215.06 209.32 175.52
Assets
Non-
Current
158.58 157.89 153.92 150.96 150.96
Investment
s

Long Term
Loans And 0 0 0 39.09 4.92
Advances

Other Non-
Current 41.92 40.11 39.32 0 0
Assets
Total Non-
Current 845.06 623.06 408.3 399.37 331.4
Assets
CURRENT ASSETS

Inventories 145.19 144.98 137.15 95.02 128.8

Trade
Receivable 148.91 124.98 104.47 91.74 89.98
s
Cash And
Cash
38.98 8.03 5.56 3.85 3.03
Equivalent
s

Short Term
Loans And 0 0 0 44.64 42.6
Advances

OtherCurre
34.68 80.77 49.46 0.65 0.49
ntAssets
Total
Current 367.76 358.76 296.64 235.91 264.9
Assets
Total
1,212.82 981.82 704.94 635.27 596.29
Assets
OTHER ADDITIONAL
INFORMATION
CONTINGENT
LIABILITIES,
COMMITMENTS

Contingent
77.1 93.42 154.68 321.54 159.2
Liabilities

CIF VALUE OF
IMPORTS
Raw
0 0 0 325.74 333.97
Materials

Stores,
Spares
0 0 0 3.36 5.24
And Loose
Tools

Capital
0 0 0 7.45 6.86
Goods
EXPENDITURE IN
FOREIGN
EXCHANGE
Expenditur
e In
374.32 424.68 360.73 0.8 0.31
Foreign
Currency
REMITTANCES IN
FOREIGN
CURRENCIES FOR
DIVIDENDS

Dividend
Remittanc
e In - - - 2.17 1.03
Foreign
Currency
EARNINGS IN
FOREIGN
EXCHANGE
FOB Value
689.74 737.96 639.09 636.14 601.85
Of Goods

Other
29.4 0.07 0.14 0.13 0.2
Earnings
BONUS DETAILS
Bonus
Equity
13.3 13.3 13.3 13.3 13.3
Share
Capital
NON-CURRENT
INVESTMENTS

Non-
Current
Investment
- - - 0.52 0.04
s Quoted
Market
Value

Non-
Current
Investment
s 158.58 157.89 153.89 150.95 150.95
Unquoted
Book
Value

CURRENT
INVESTMENTS
Current
Investment
s Quoted - - - - -
Market
Value

Current
Investment
s
Unquoted
Book
Value
financial ratios

Key
Financial
Ratios

Mar '19 Mar '18 Mar '17 Mar '16 Mar '15

Investment Valuation
Ratios

Face Value 2 2 2 2 2

Dividend
3.5 2.5 2.5 2.5 1.5
Per Share

Operating
Profit Per 12.68 12.38 12.74 10.49 9.62
Share (Rs)

Net
Operating
60.82 61.89 53.18 50.91 50.51
Profit Per
Share (Rs)

Free
Reserves
-- -- -- -- --
Per Share
(Rs)
Bonus in
Equity 50 50 50 50 50
Capital
Profitability Ratios
Operating
Profit 20.85 19.99 23.95 20.6 19.04
Margin(%)

Profit
Before
Interest 18.64 18.54 22.4 19.12 17.6
And Tax
Margin(%)

Gross
Profit 19.34 18.63 22.44 19.15 17.64
Margin(%)

Cash Profit
16.39 13.17 15.47 13.53 12.49
Margin(%)

Adjusted
Cash 16.39 13.17 15.47 13.53 12.49
Margin(%)
Net Profit
15.5 11.87 13.99 12.1 11.11
Margin(%)
Adjusted
Net Profit 14.94 11.81 13.96 12.08 11.08
Margin(%)
Return On
Capital
18.48 17.43 25.14 23.26 24.06
Employed(
%)
Return On
Net 19.32 16.44 18.41 18.34 18.44
Worth(%)
Adjusted
Return on
19.32 16.44 18.41 18.34 18.44
Net
Worth(%)

Return on
Assets
Excluding 48.79 44.7 40.41 33.58 30.43
Revaluatio
ns

Return on
Assets
Including 48.79 44.7 40.41 33.58 30.43
Revaluatio
ns

Return on
Long Term 22.18 20.27 29.75 29.22 29.61
Funds(%)

Liquidity And
Solvency Ratios
Current
0.76 1.2 1.26 0.91 0.95
Ratio
Quick
1.31 3.22 2.88 2.43 1.44
Ratio
Debt
Equity 0.56 0.52 0.18 0.26 0.23
Ratio

Long Term
Debt
0.3 0.31 -- -- --
Equity
Ratio
Debt Coverage
Ratios
Interest
23 25.41 23.43 30.39 21.25
Cover
Total Debt
to Owners 0.56 0.52 0.18 0.26 0.23
Fund
Financial
Charges
24.51 27.22 24.99 32.68 22.93
Coverage
Ratio
Financial
Charges
Coverage 17.96 18.59 17.06 22.37 15.91
Ratio Post
Tax
Management
Efficiency Ratios
Inventory
Turnover 5.57 5.69 5.21 7.16 5.26
Ratio
Debtors
Turnover 5.91 7.18 7.21 7.45 8.17
Ratio

Investment
s Turnover 5.57 5.69 5.21 7.16 5.26
Ratio

Fixed
Assets
3.19 3.53 3.14 1.93 2.23
Turnover
Ratio

Total
Assets
0.8 0.91 1.11 1.21 1.35
Turnover
Ratio
Asset
Turnover 0.85 1.07 1.18 1.28 1.4
Ratio

Average
Raw
-- -- -- -- --
Material
Holding

Average
Finished
-- -- -- -- --
Goods
Held

Number of
Days In
76.8 105.67 111.69 123.26 106.14
Working
Capital
Profit & Loss
Account Ratios
Material
Cost
62.94 67.52 59.94 63.64 66.35
Compositio
n

Imported
Compositio
n of Raw -- -- -- 84.74 77.36
Materials
Consumed
Selling
Distribution
Cost -- -- -- -- --
Compositio
n

Expenses
as
Compositio 88.87 89.63 90.36 93.95 89.59
n of Total
Sales
Cash Flow Indicator
Ratios
Dividend
Payout
53.71 40.94 16.17 40.58 26.72
Ratio Net
Profit

Dividend
Payout
48.94 36.72 14.6 36.23 23.72
Ratio Cash
Profit

Earning
Retention 46.29 59.06 83.83 59.42 73.28
Ratio
Cash
Earning
51.06 63.28 85.4 63.77 76.28
Retention
Ratio
AdjustedC
ash Flow 2.62 2.83 0.9 1.25 1.11
Times

Mar '19 Mar '18 Mar '17 Mar '16 Mar '15

Earnings
9.43 7.35 7.44 6.16 5.61
Per Share
Book
48.79 44.7 40.41 33.58 30.43
Value

financial ratios (new)

---------------
Key ---- in Rs.
Financial Cr.
Ratios ---------------
----

Mar '19 Mar '18 Mar '17 Mar '16 Mar '15
Investment Valuation
Ratios

Face Value 2 2 2 2 2

Dividend
3.5 2.5 2.5 2.5 1.5
Per Share

Operating
Profit Per 12.68 12.38 12.74 10.49 9.62
Share (Rs)

Net
Operating
60.82 61.89 53.18 50.91 50.51
Profit Per
Share (Rs)

Free
Reserves
-- -- -- -- --
Per Share
(Rs)
Bonus in
Equity 50 50 50 50 50
Capital
Profitability Ratios
Operating
Profit 20.85 19.99 23.95 20.6 19.04
Margin(%)

Profit
Before
Interest 18.64 18.54 22.4 19.12 17.6
And Tax
Margin(%)

Gross
Profit 19.34 18.63 22.44 19.15 17.64
Margin(%)

Cash Profit
16.39 13.17 15.47 13.53 12.49
Margin(%)

Adjusted
Cash 16.39 13.17 15.47 13.53 12.49
Margin(%)
Net Profit
15.5 11.87 13.99 12.1 11.11
Margin(%)
Adjusted
Net Profit 14.94 11.81 13.96 12.08 11.08
Margin(%)
Return On
Capital
18.48 17.43 25.14 23.26 24.06
Employed(
%)
Return On
Net 19.32 16.44 18.41 18.34 18.44
Worth(%)
Adjusted
Return on
19.32 16.44 18.41 18.34 18.44
Net
Worth(%)
Return on
Assets
Excluding 48.79 44.7 40.41 33.58 30.43
Revaluatio
ns

Return on
Assets
Including 48.79 44.7 40.41 33.58 30.43
Revaluatio
ns

Return on
Long Term 22.18 20.27 29.75 29.22 29.61
Funds(%)

Liquidity And
Solvency Ratios
Current
0.76 1.2 1.26 0.91 0.95
Ratio
Quick
1.31 3.22 2.88 2.43 1.44
Ratio
Debt
Equity 0.56 0.52 0.18 0.26 0.23
Ratio

Long Term
Debt
0.3 0.31 -- -- --
Equity
Ratio
Debt Coverage
Ratios
Interest
23 25.41 23.43 30.39 21.25
Cover
Total Debt
to Owners 0.56 0.52 0.18 0.26 0.23
Fund
Financial
Charges
24.51 27.22 24.99 32.68 22.93
Coverage
Ratio

Financial
Charges
Coverage 17.96 18.59 17.06 22.37 15.91
Ratio Post
Tax
Management
Efficiency Ratios
Inventory
Turnover 5.57 5.69 5.21 7.16 5.26
Ratio
Debtors
Turnover 5.91 7.18 7.21 7.45 8.17
Ratio

Investment
s Turnover 5.57 5.69 5.21 7.16 5.26
Ratio
Fixed
Assets
3.19 3.53 3.14 1.93 2.23
Turnover
Ratio

Total
Assets
0.8 0.91 1.11 1.21 1.35
Turnover
Ratio
Asset
Turnover 0.85 1.07 1.18 1.28 1.4
Ratio

Average
Raw
-- -- -- -- --
Material
Holding
Average
Finished
-- -- -- -- --
Goods
Held
Number of
Days In
76.8 105.67 111.69 123.26 106.14
Working
Capital
Profit & Loss
Account Ratios
Material
Cost
62.94 67.52 59.94 63.64 66.35
Compositio
n

Imported
Compositio
n of Raw -- -- -- 84.74 77.36
Materials
Consumed

Selling
Distribution
Cost -- -- -- -- --
Compositio
n

Expenses
as
Compositio 88.87 89.63 90.36 93.95 89.59
n of Total
Sales
Cash Flow Indicator
Ratios
Dividend
Payout
53.71 40.94 16.17 40.58 26.72
Ratio Net
Profit
Dividend
Payout
48.94 36.72 14.6 36.23 23.72
Ratio Cash
Profit

Earning
Retention 46.29 59.06 83.83 59.42 73.28
Ratio
Cash
Earning
51.06 63.28 85.4 63.77 76.28
Retention
Ratio
AdjustedC
ash Flow 2.62 2.83 0.9 1.25 1.11
Times