Dec '06

Dec '07

Mar '09

Mar '10

Total Share Capital

220.68

217.75

217.99

218.17

Equity Share Capital

220.68

217.75

217.99

218.17

2502.14

1220.82

1842.85

2364.68

0.67

0.67

0.67

0.67

2723.49

1439.24

2061.51

2583.52

Secured Loans

37.13

25.52

144.65

0.00

Unsecured Loans

35.47

63.01

277.30

0.00

Total Debt

72.60

88.53

421.95

0.00

2796.09

1527.77

2483.46

2583.52

Dec '06

Dec '07

Mar '09

Mar '10

Gross Block

2462.69

2669.08

2881.73

3581.96

Less: Accum. Depreciation

1061.94

1146.57

1274.95

1419.85

Net Block

1400.75

1522.51

1606.78

2162.11

110.26

185.64

472.07

273.96

Investments

2522.22

1440.81

332.62

1264.08

Inventories

1547.71

1953.60

2528.86

2179.93

Sources Of Funds

Reserves
Revaluation Reserves
Networth

Total Liabilities

Application Of Funds

Capital Work in Progress

Sundry Debtors

440.37

443.37

536.89

678.44

Cash and Bank Balance

170.80

200.11

190.59

231.37

Total Current Assets

2158.88

2597.08

3256.34

3089.74

Loans and Advances

1150.06

1083.28

1196.95

1068.31

246.15

0.75

1586.76

1660.84

Total CA, Loans & Advances

3555.09

3681.11

6040.05

5818.89

Current Liabilities

3362.52

4028.41

4440.08

5493.97

Provisions

1429.71

1273.90

1527.98

1441.55

Total CL & Provisions

4792.23

5302.31

5968.06

6935.52

-1237.14

-1621.20

71.99

-1116.63

Total Assets

2796.09

1527.76

2483.46

2583.52

Total working capital

-1237.14

-1621.20

71.99

-1116.63

384.06

-1693.19

1188.62

-21.63

72.93

88.94

423.89

0.00

293.61

306.69

641.88

218.17

We

0.75

0.71

0.34

1.00

Wd

0.25

0.29

0.66

0.00

Kd

14.71

28.67

5.97

0.00

risk free rate (%)

5.70

7.25

7.95

6.68

beta

0.47

0.32

0.88

0.40

expected market return (Rm)

0.18

11.32

18.95

19.35

cost of equity (using CAPM)

3.12

8.55

17.59

11.75

Fixed Deposits

Net Current Assets

change in wc
dept capital
total of equity/depth

WACC

0.06

0.14

0.10

0.12

FCFF

1940.54

2895.45

797.03

3692.19

CAPEX

-197.95

1023.76

878.19

-1137.46

DCF

1940.60

2895.59

797.13

3692.31

2531.28

725.12

3304.03

TERMINAL VALUE
PV OF FCFF
VALUE OF FIRM

120865.58
1830.68
134776.54
6.11

Mar '11

Mar '12

Mar '13

Mar '14

Mar '15

Mar '16

215.95

215.95

215.95

215.95

215.95

215.95

215.95

215.95

215.95

215.95

215.95

215.95

2417.30

5792.73

5769.67

5722.75

4961.11

-3810.15

2633.92

6008.68

5985.62

5938.70

5177.06

-3594.20

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

2633.92

6008.68

5985.62

5938.70

5177.06

-3594.20

Mar '11

Mar '12

Mar '13

Mar '14

Mar '15

Mar '16

3759.62

3853.61

4046.29

4248.61

4117.00

6.00

1590.46

1833.37

2100.58

2394.50

2717.82

3073.47

2169.16

2020.24

1945.71

1854.10

1399.18

-3067.47

299.08

327.49

358.60

392.67

429.98

470.82

1260.68

1285.89

1382.34

1486.01

1597.46

1717.27

2811.26

3148.61

3526.44

3949.62

4423.57

4954.40

0.67

943.20

1056.38

1183.15

1325.13

1484.14

1662.24

281.91

287.55

347.93

421.00

509.41

616.39

4036.37

8126.17

8744.18

9428.53

9843.74

6353.65

1099.72

1231.69

1379.49

1545.03

1730.43

1938.08

1358.10

1358.10

1358.10

1358.10

1358.10

1358.10

6494.19

10715.95

11481.77

12331.66

12932.27

9649.84

6264.21

7015.92

7857.83

8800.76

9856.86

11039.68

1324.98

1324.98

1324.98

1324.98

1324.98

1324.98

7589.19

8340.90

9182.81

10125.74

11181.84

12364.66

-1095.00

2375.06

2298.97

2205.91

1750.44

-2714.82

2633.92

6008.68

5985.62

5938.70

5177.06

-3594.20

-1095.00

2375.06

2298.97

2205.91

1750.44

-2714.82

-3470.06

76.09

93.05

455.48

4465.26

386.14

0.00

0.00

0.00

0.00

0.00

0.00

215.95

215.95

215.95

215.95

215.95

215.95

1.00

1.00

1.00

1.00

1.00

1.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

7.78
0.29
16.32
10.26

0.10
6086.00

6086.09

6086.18

6652.20

7270.85

7947.04

6086.10

5519.85

6086.09

6086.18

6652.20

7270.85

5519.85

6086.09

6086.18

6652.20

7270.85

7947.04

134.99

Mar '17

Mar '18

Mar '19

Mar '20

Mar '21

215.95

215.95

215.95

215.95

215.95

215.95

215.95

215.95

215.95

215.95

-4413.68

-5076.21

-5801.89

-6594.78

-7458.74

-4197.73

-4860.26

-5585.94

-6378.83

-7242.79

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-4197.73

-4860.26

-5585.94

-6378.83

-7242.79

Mar '17

Mar '18

Mar '19

Mar '20

Mar '21

6.30

6.62

6.95

7.29

7.66

3464.68

3895.02

4368.39

4889.09

5461.87

-3458.38

-3888.40

-4361.44

-4881.80

-5454.21

515.55

564.53

618.16

676.88

741.19

1846.07

1984.52

2133.36

2293.36

2465.36

5548.93

6214.80

6960.58

7795.85

8731.35

1861.71

2085.11

2335.33

2615.57

2929.44

745.83

902.45

1091.96

1321.28

1598.74

7059.70

7863.01

8777.95

9821.14

11011.87

2170.65

2431.13

2722.87

3049.61

3415.56

1358.10

1358.10

1358.10

1358.10

1358.10

10588.45

11652.24

12858.91

14228.85

15785.53

12364.44

13848.17

15509.95

17371.15

19455.69

1324.98

1324.98

1324.98

1324.98

1324.98

13689.42

15173.15

16834.93

18696.13

20780.67

-3100.97

-3520.91

-3976.02

-4467.28

-4995.13

-4197.73

-4860.26

-5585.94

-6378.83

-7242.79

-3100.97

-3520.91

-3976.02

-4467.28

-4995.13

419.94

455.11

491.26

527.85

-4995.13

0.00

0.00

0.00

0.00

0.00

215.95

215.95

215.95

215.95

215.95

1.00

1.00

1.00

1.00

1.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

8686.12

9493.93

10376.86

11341.91

12396.71

7947.04

8686.12

9493.93

10376.86

11341.91

8686.12

9493.93

10376.86

11341.91

12396.71

Dec '06

Dec '07

Mar '09

13189.70

14937.88

21927.23

945.68

1057.32

1422.95

12244.02

13880.56

20504.28

Other Income

512.60

428.37

276.54

Stock Adjustments

129.97

162.06

434.33

12886.59

14470.99

21215.15

6687.30

7542.78

11380.05

Power & Fuel Cost

180.79

198.89

301.37

Employee Cost

642.81

767.81

1152.12

Other Manufacturing Expenses

187.37

204.10

297.34

2328.51

2561.12

3857.48

541.52

691.49

985.31

0.00

0.00

0.00

10568.30

11966.19

17973.67

2318.29

2504.80

3241.48

10.73

25.50

25.32

2307.56

2479.30

3216.16

130.16

138.36

195.30

Other Written Off

0.00

0.00

0.00

Profit Before Tax

2177.40

2340.94

3020.86

-0.21

1.67

48.53

Income
Sales Turnover
Excise Duty
Net Sales

Total Income
Expenditure
Raw Materials

Selling and Admin Expenses

Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

PBDIT
Interest
PBDT
Depreciation

Extra-ordinary items

PBT (Post Extra-ord Items)

2177.19

2342.61

3069.39

321.80

417.14

572.94

1855.37

1769.06

2500.71

0.00

0.00

0.00

1325.48

1976.12

1634.51

185.90

355.50

277.79

Shares in issue (lakhs)

22067.76

21774.63

21798.76

Earning Per Share (Rs)

8.41

8.12

11.47

600.00

900.00

750.00

45.53

9.98

50.40

Tax
Reported Net Profit
Preference Dividend
Equity Dividend
Corporate Dividend Tax

Equity Dividend (%)

Depreciation OF ACC

PBDIT

2,318.29

2,504.80

3,241.48

10.73

25.5

25.32

EBT

2,307.56

2,479.30

3,216.16

Tax

321.8

417.14

572.94

EAT

1,985.76

2,062.16

2,643.22

Interest

Depreciation
CASH FLOW

130.16
2,115.92

138.36
2,200.52

195.30
2,838.52

PAT

1855.60

1923.80

2447.92

NOPAT

1996.49

2087.66

2668.54

OPERATING CASH FLOW

2126.65

2226.02

2863.84

Mar '10

Mar '11

Mar '12

Mar '13

Mar '14

Mar '15

18462.34

20598.89

23070.76

25839.25

28939.96

32412.75

693.22

908.98

1018.06

1140.22

1277.05

1430.30

17769.12

19689.91

22052.70

24699.02

27662.91

30982.45

199.73

439.48

461.45

484.53

508.75

534.19

19.47

295.08

0.00

0.00

0.00

0.00

17988.32

20424.47

22514.15

25183.55

28171.66

31516.65

9003.97

10494.33

11753.65

13164.09

14743.78

16513.03

244.34

274.74

307.71

344.63

385.99

432.31

936.30

961.27

1057.40

1163.14

1279.45

1407.40

412.19

551.25

617.40

691.49

774.47

867.40

3737.52

4366.30

4890.26

5477.09

6134.34

6870.46

656.57

672.61

689.43

706.66

724.33

742.44

0.00

0.00

0.00

0.00

0.00

0.00

14990.89

17320.50

19315.84

21547.09

24042.35

26833.03

2997.43

3103.97

3198.32

3636.46

4129.31

4683.61

6.98

0.24

0.26

0.29

0.32

0.35

2990.45

3103.73

3198.05

3636.17

4128.99

4683.26

184.03

220.83

242.91

267.20

293.92

323.32

0.00

0.00

0.00

0.00

0.00

0.00

2806.42

2882.90

2955.14

3368.96

3835.07

4359.95

43.97

-3.06

0.00

0.00

0.00

0.00

2850.39

2879.84

2955.14

3368.96

3835.07

4359.95

648.36

573.87

588.88

671.34

764.22

868.81

2202.03

2305.97

2366.26

2697.62

3070.85

3491.13

0.00

0.00

0.00

0.00

0.00

0.00

1417.94

1410.60

1551.66

1706.83

1877.51

2065.26

238.03

231.36

0.00

0.00

0.00

0.00

21816.87

21594.72

21594.72

21594.72

21594.72

21594.72

10.09

10.68

10.96

12.49

14.22

16.17

650.00

650.00

698.75

751.16

807.49

868.05

13.42

-22.08

-24.29

-26.72

-29.39

-32.33

2,997.43

3,103.97

6.98

0.24

2,990.45

3,103.73

588.61

671.05

763.90

868.46

648.36

573.87

108.8323486

124.0745994

141.2426778

160.5758097

2,342.09

2,529.86

479.78

546.97

622.66

707.89

184.03
2,526.12

220.83
2,750.69

588.88
0.264

242.91
722.69

671.34
0.2904

267.20
814.18

764.22
0.31944

293.92
916.58

868.81
0.351384

323.32
1,031.20

2158.06

2309.03

2366.26

2697.62

3070.85

3491.13

2349.07

2530.10

2609.44

2965.12

3365.09

3814.80

2533.10

2750.93

2852.35

3232.32

3659.02

4138.12

Mar '16

Mar '17

Mar '18

Mar '19

Mar '20

Mar '21

36302.28

40658.56

45537.58

51002.09

57122.34

63977.03

1601.93

1794.17

2009.47

2250.60

2520.67

2823.15

34700.35

38864.39

43528.12

48751.49

54601.67

61153.87

560.90

588.95

618.39

649.31

681.78

715.87

0.00

0.00

0.00

0.00

0.00

0.00

35261.25

39453.34

44146.51

49400.80

55283.45

61869.74

18494.60

20713.95

23199.62

25983.57

29101.60

32593.80

484.19

542.29

607.36

680.25

761.88

853.30

1548.13

1702.95

1873.24

2060.57

2266.62

2493.29

971.49

1088.07

1218.64

1364.87

1528.66

1712.10

7694.91

8618.30

9652.50

10810.80

12108.09

13561.07

761.00

780.02

799.52

819.51

840.00

861.00

0.00

0.00

0.00

0.00

0.00

0.00

29954.32

33445.58

37350.88

41719.57

46606.85

52074.55

5306.93

6007.76

6795.63

7681.23

8676.59

9795.19

0.39

0.43

0.47

0.51

0.57

0.62

5306.55

6007.33

6795.16

7680.72

8676.03

9794.57

355.65

391.21

430.34

473.37

520.71

572.78

0.00

0.00

0.00

0.00

0.00

0.00

4950.90

5616.12

6364.82

7207.35

8155.32

9221.79

0.00

0.00

0.00

0.00

0.00

0.00

4950.90

5616.12

6364.82

7207.35

8155.32

9221.79

986.57

1119.13

1268.33

1436.22

1625.12

1837.64

3964.33

4496.99

5096.50

5771.13

6530.20

7384.15

0.00

0.00

0.00

0.00

0.00

0.00

2271.79

2498.96

2748.86

3023.75

3326.12

3658.73

0.00

0.00

0.00

0.00

0.00

0.00

21594.72

21594.72

21594.72

21594.72

21594.72

21594.72

18.36

20.82

23.60

26.72

30.24

34.19

933.16

1003.15

1078.38

1159.26

1246.21

1339.67

-35.56

-39.12

-43.03

-47.34

-52.07

6034.64

986.57
0.3865224

1,119.13
0.42517464

1,268.33

1,436.22

1,625.12

0.467692104

0.514461314

0.565907446

1,837.64
0.62249819

986.19

1,118.71

1,267.86

1,435.70

1,624.56

1,837.02

182.3427763

206.8455501

234.4233769

265.4573574

300.3755896

339.6589412

803.84

911.86

1,033.44

1,170.25

1,324.18

1,497.36

355.65
1,159.49

391.21
1,303.08

430.34
1,463.77

473.37
1,643.62

520.71
1,844.89

572.78
2,070.14

3964.33

4496.99

5096.50

5771.13

6530.20

7384.15

4320.36

4888.63

5527.30

6245.01

7051.47

7957.55

4676.01

5279.84

5957.63

6718.38

7572.18

8530.33

Ratio Of HUL
Particulars
(Rs. In Cr. )
Investment Valuation Ratios
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
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(%)
Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio
Interest Cover
Total Debt to Owners Fund
Financial Charges Coverage Ratio
Financial Charges Coverage Ratio Post Tax
Inventory Turnover Ratio
Debtors Turnover Ratio
Investments Turnover Ratio
Fixed Assets Turnover Ratio
Total Assets Turnover Ratio
Asset Turnover Ratio
Average Raw Material Holding
Average Finished Goods Held
Number of Days In Working Capital
Material Cost Composition
Imported Composition of Raw Materials Consumed
Selling Distribution Cost Composition
Expenses as Composition of Total Sales
Dividend Payout Ratio Net Profit

Dec '06

Dec '07

1
6.5
12.34
91.18
11.04
60.98
13.53
12.25
12.41
11.75
11.75
11.56
11.56
102.47
87.57
80.67
12.19
12.2
102.47
0.86
0.43
--11,243.63
-12,163.75
10,529.33
7.91
24.28
7.91
5.63
8.31
5.63
61.54
35.15
-20.02
53.29
19.2
19.35
7.25
71.2

1
6.5
12.82
81.45
10.7
60.36
15.74
14.59
14.7
12.76
12.76
12.29
12.29
106.78
85.25
81.4
11.84
11.84
106.78
0.84
0.46
--395.13
-421.5
342.84
8.99
29.24
8.99
5.35
7.66
5.35
51.08
32.05
-22.62
50.67
18.61
18.35
7.31
75.2

Dividend Payout Ratio Cash Profit

Earning Retention Ratio
Cash Earning Retention Ratio
AdjustedCash Flow Times

64.98
22.71
29.99
--

69.4
21.25
27.59
--

Mar '09

Mar '10

Mar '11

1
7.5
13.6
94.06
8.3
60.4
14.46
13.39
13.5
12.29
12.29
12.09
12.09
118.59
121.34
113.85
9.45
9.46
142.88
0.92
0.51
0.2
-116.28
0.2
123.99
107.47
9.26
41.83
9.26
7.81
9.22
7.81
72.27
34.18
1.58
55.5
21.65
15.98
9.47
76.47

1
9
9.54
63.75
5.45
60.47
14.95
13.78
15.86
13.56
12.9
12.58
11.91
138.72
122.97
116.49
6.61
6.61
147.26
0.68
0.25
0.06
-83.09
0.06
88.52
75.81
7.2
31.41
8.2
9.8
10.53
5.64
84.2
29.81
-42.05
54.34
16.67
15.56
10.68
131.8

1
6
8.18
55.48
11.2
59.67
14.74
13.5
15.8
15.99
13.21
14.94
12.16
65.89
68.14
55.43
24.45
24.45
67.65
0.73
0.34
0.03
-171.62
0.03
183.74
185.99
8.02
25.42
9.27
9.3
4.67
5.35
68.95
27.53
-36.37
54.61
16.89
15.75
11.72
81.45

Mar '12

7.185367534

14.5030616
102.0925058

7.00394485
6.134716363
2.713788546
3.670139175

70.93
18.5
24.77
0.17

122.23
-39.13
-28.52
0.05

76.11
-0.12
7.83
0.04

63.76848666

Mar '13

Mar '14

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

7.903904288

8.694294716

9.563724188

10.5201 11.57211 12.72932 14.00225

14.72307661

14.92724406

15.11698822

15.2936 15.45826 15.61204 15.75589

101.9617241

101.8391164

101.7241716 101.6164 101.5154 101.4207 101.3319

7.00394485

7.00394485

7.00394485 7.003945 7.003945 7.003945 7.003945

6.110146761
2.824623731
4.12639401

6.087259606
2.933957003
4.658073523

6.065919361 6.046002 6.027393 6.00999 5.993695

3.147426299 5.46148 5.505105 5.535807 5.55386
5.984570473 -9.65455 -9.25843 -8.95592 -8.72754

60.13073809

56.78429912

53.69433212 50.83162 48.17148 45.69288 43.37782

Mar '20 Mar '21

15.40247 16.94272

15.89071 16.01729
101.2486 101.1706

7.003945 7.003945
5.978422 5.964091
5.559607 5.55345
-8.55982 -8.44342

41.21076 39.17823

Ratios
Dec ' 06

Dec ' 07

Mar ' 09

Mar ' 10

Per share ratios

Adjusted EPS (Rs)
Adjusted cash EPS (Rs)
Reported EPS (Rs)
Reported cash EPS (Rs)
Dividend per share
Operating profit per share (Rs)

6.84
7.43
8.41
9
6
8.18

7.7
8.33
8.12
8.76
9
9.54

10.76
11.66
11.47
12.37
7.5
13.6

9.64
10.48
10.09
10.94
6.5
12.82

Book value (excl rev res) per share (Rs)

12.34

6.61

9.45

11.84

Book value (incl rev res) per share (Rs.)

12.34

6.61

9.46

11.84

Net operating income per share (Rs)

Free reserves per share (Rs)

55.48
11.2

63.75
5.45

94.06
8.3

81.45
10.7

14.74
13.68
14.94
13.21
55.43
68.14
67.65

14.95
13.96
12.58
12.9
116.49
122.97
147.26

14.46
13.5
12.09
12.29
113.85
121.34
142.88

15.74
14.7
12.29
12.76
81.4
85.25
106.78

Profitability ratios
Operating margin (%)
Gross profit margin (%)
Net profit margin (%)
Adjusted cash margin (%)
Adjusted return on net worth (%)
Reported return on net worth (%)
Return on long term funds (%)

Leverage ratios
Long term debt / Equity
Total debt/equity
Owners fund as % of total source
Fixed assets turnover ratio

0.02
97.4
5.35

0.06
94.2
5.64

0.2 83
7.81

100
5.35

0.74
0.72
0.33
9.27

0.69
0.67
0.24
8.2

1.01
0.92
0.51
9.26

0.83
0.83
0.45
8.99

Liquidity ratios
Current ratio
Current ratio (inc. st loans)
Quick ratio
Inventory turnover ratio

Payout ratios

Payout ratios
Dividend payout ratio (net profit)

81.45

131.8

76.47

75.2

Dividend payout ratio (cash profit)

Earning retention ratio
Cash earnings retention ratio

76.11
-0.12
7.83

122.23
-39.13
-28.52

70.93
18.5
24.77

69.4
21.25
27.59

0.04
183.74
185.99

0.04
88.52
75.81

0.16 123.99
107.47

421.5
342.84

Material cost component (% earnings)

Selling cost Component
Exports as percent of total sales

54.61
15.75
11.72

54.34
15.56
10.68

55.5
15.98
9.47

50.67
18.35
7.31

Import comp. in raw mat. consumed

Long term assets / total Assets

16.89
0.52

16.67
0.44

21.65
0.26

18.61
0.37

Bonus component in equity capital (%)

59.67

60.47

60.4

60.36

Coverage ratios
Adjusted cash flow time total debt
Financial charges coverage ratio
Fin. charges cov.ratio (post tax)

Component ratios

Mar '12 Mar '13 Mar '14 Mar '15 Mar '16 Mar '17 Mar '18 Mar '19

Mar ' 11

9.84
10.86
10.68
11.7
6.5
12.34
12.19
12.2
91.18
11.04

13.53 14.50306 14.72308 14.92724 15.11699 15.2936 15.45826 15.61204 15.75589

12.41 102.0925 101.9617 101.8391 101.7242 101.6164 101.5154 101.4207 101.3319
11.56 10.73004 10.92198 11.10095 11.2681 11.42445 11.57097 11.70851 11.83785
11.75
80.67
87.57
102.47

100
5.63 2.713789 2.824624 2.933957 3.147426

5.46148 5.505105 5.535807

5.55386

0.85 1.284749 1.250355 1.217852 1.156543 0.780437 0.773477 0.767951 0.763823

0.85
0.43 0.284749 0.250355 0.217852 0.156543 -0.21956 -0.22652 -0.23205 -0.23618
7.91 7.003945 7.003945 7.003945 7.003945 7.003945 7.003945 7.003945 7.003945

71.2
64.98
22.71
29.99

12,163.75
10,529.33

53.29
19.35
7.25
19.2
0.34
60.98

Mar '20 Mar '21

15.89071 16.01729
101.2486 101.1706
11.95971 12.07471

5.559607

5.55345

0.761059 0.759626
-0.23894 -0.24037
7.003945 7.003945

EPS
DPS

Dec '06
8.41

Dec '07
8.12

Mar '09
11.47

Mar '10
10.09

7.5

6.5

Mar '11
10.68 Interest

Dec '06
10.73

Dec '07
25.5

Retention

28.65636

6.5 PAT
1855.6
1923.8
217.75
Equity Capital 220.68
-10.8374 34.61203 35.57978 39.13858 ROE
840.8555 883.4902

Growth

24095.86

-9574.77

growth
rate is
9.3%
0.093

38867.6 35194.25 41848.64

Mar '09
25.32

Mar '10
6.98

Mar '11
0.24

2447.92

2158.06

2309.03

217.99

218.17

215.95

1122.951 989.1644 1069.243