c








(Rs crore)


 

       

 

Owner's fund
Equity share capital
Share application money
Preference share capital
Reserves & surplus

8,245.46
60,138.66

8,245.50
55,478.60

8,245.50
50,749.40

8,245.50
46,021.90

8,245.50
40,351.30


Secured loans
Unsecured loans
Total

9,910.68
9,079.90
8,969.60 7,314.70 7,479.60
33,277.56 28,717.10 25,598.20 19,875.90 17,661.50
1,11,572.36 1,01,521.10 93,562.70 81,458.00 73,737.90



Fixed assets
Gross block
Less : revaluation reserve
Less : accumulated depreciation
Net block
Capital work-in-progress
Investments

72,583.94
33,519.19
39,064.75
38,441.84
12,344.84

66,663.80
32,088.80
34,575.00
32,290.60
14,807.10

62,353.00
29,415.30
32,937.70
26,404.90
13,983.50

53,368.00
27,274.30
26,093.70
22,478.30
15,267.20

50,604.20
25,079.20
25,525.00
16,962.30
16,094.30

35,396.79
13,675.86
21,720.93
1,11,572.36

30,815.70
10,967.30
19,848.40
1,01,521.10

30,925.30
10,688.70
20,236.60
93,562.70

30,527.80
12,909.00
17,618.80
81,458.00

25,858.80
10,702.50
15,156.30
73,737.90

12,332.84
100.92
33,227.29

14,795.10
133.60
40,044.00

13,785.00 15,453.10 18,008.20

275.50
304.30
316.40
66,083.20 29,361.80 25,218.80

82454.64

82454.64

82454.64 82454.64 82454.64

c



Current assets, loans & advances
Less : current liabilities & provisions
Total net current assets
Miscellaneous expenses not written
Total

c

Book value of unquoted investments
Market value of quoted investments
Contingent liabilities
Number of equity shares outstanding
(Lacs)



 


         

!"

Operating income

54,938.68 46,377.70 41,975.20 37,091.00 32,631.70

#$%


Material consumed
Manufacturing expenses
Personnel expenses
Selling expenses
Administrative expenses
Expenses capitalized
Cost of sales
Operating profit
Other recurring income
Adjusted PBDIT
Financial expenses
Depreciation
Other write offs
Adjusted PBT
Tax charges
Adjusted PAT
Non recurring items
Other non cash adjustments
Reported net profit
Earnings before appropriation
Equity dividend
Preference dividend
Dividend tax
Retained earnings

31.33
37,069.51
3,395.27
174.22
2,676.34
-1,052.98
42,293.69
12,644.99
2,477.56
15,122.55
2,027.21
2,485.69
4.50
10,605.15
2,630.54
7,974.61
47.92
1,330.06
9,352.59
9,382.18
3,133.26
514.77
5,734.15

31.10
30,785.70
2,946.80
65.10
977.60
-866.90
33,939.40
12,438.30
2,859.60
15,297.90
1,861.90
2,650.10
4.30
10,781.60
2,682.70
8,098.90
13.20
616.10
8,728.20
8,743.30
3,133.20
527.60
5,082.50

31.00
28,232.30
2,897.60
57.50
851.10
-637.40
31,432.10
10,543.10
3,307.00
13,850.10
1,737.00
2,364.50
3.60
9,745.00
2,554.70
7,190.30
-294.20
1,305.20
8,201.30
8,222.40
2,968.30
501.70
4,752.40

26.80
23,080.70
2,229.30
45.00
726.80
-544.70
25,563.90
11,527.10
2,957.60
14,484.70
1,982.20
2,138.50
3.10
10,360.90
2,994.20
7,366.70
162.10
-114.00
7,414.80
7,504.70
2,885.90
490.50
4,128.30

23.70
20,790.50
1,362.60
57.70
656.00
-418.40
22,472.10
10,159.60
2,760.90
12,920.50
2,055.70
2,075.40
9.90
8,779.50
2,163.70
6,615.80
114.70
134.20
6,864.70
6,939.90
2,638.50
389.60
3,911.80

(Rs crore)

&


         

Profit before tax
10,410.88 10,807.60 9,467.80 10,529.40 8,896.50
Net cash flow-operating activity 11,095.20 10,594.20 9,688.10 10,171.10 8,065.30
Net cash used in investing activity -7,658.85 -10,497.70 -7,500.40 -6,203.80 -3,145.80
Net cash used in fin. Activity
-1,710.57 -1,908.60 -849.30 -2,348.70 -76.30
Net inc/dec in cash and equivalent 1,725.78 -1,812.10 1,338.40 1,618.60 4,843.20
Cash and equivalent begin of year 14,459.48 16,271.60 14,933.20 13,314.60 8,471.40
Cash and equivalent end of year 16,185.26 14,459.50 16,271.60 14,933.20 13,314.60

' ( 

)
  ' ( 
*+,
2011 May 8
2011 Jan
30
2010 May 8
2010 Feb
30
2009 May 8
2009 Jan
28
2008 May 8
2008 Jan
27
2007 May 8
2007 Jan
24
2006 May 8
2006 Jan
20
2005 Jun
12
2005 Feb
12

  


     


  
Adjusted EPS (Rs)
Adjusted cash EPS (Rs)
Reported EPS (Rs)
Reported cash EPS (Rs)
Dividend per share
Operating profit per share (Rs)
Book value (excl rev res) per share (Rs)
Book value (incl rev res) per share (Rs.)
Net operating income per share (Rs)
Free reserves per share (Rs)

9.67
12.69
11.04
14.06
3.80
15.34
82.94
82.94
66.63
69.08

9.82
13.04
10.59
13.80
3.80
15.09
77.28
77.28
56.25
62.75

8.72
11.59
9.95
12.82
3.60
12.79
71.55
71.55
50.91
56.25

8.93
11.53
8.99
11.59
3.50
13.98
65.81
65.81
44.98
52.34

8.02
10.55
8.33
10.85
3.20
12.32
58.94
58.94
39.58
47.38

23.01
18.49
15.85
18.22
11.66
13.31
11.32

26.81
21.10
17.72
21.83
12.70
13.69
12.45

25.11
19.48
18.11
21.10
12.18
13.90
12.27

31.07
25.31
18.51
23.74
13.57
13.66
15.15

31.13
24.77
19.39
24.58
13.61
14.12
14.69

0.63
0.63
61.29
0.76

0.59
0.59
62.76
0.69

0.58
0.58
63.05
0.67

0.50
0.50
66.62
0.69

0.51
0.51
65.90
0.64

2.59
2.59
2.32
29.18

2.81
2.81
2.50
27.54

2.89
2.89
2.59
28.21

2.36
2.36
2.16
33.59

2.42
2.42
2.18
30.50

40.07

41.94

42.31

45.53

44.11

 -  .  
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 (%)


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

 0  .  
Current ratio
Current ratio (inc. st loans)
Quick ratio
Inventory turnover ratio

.  
Dividend payout ratio (net profit)


Dividend payout ratio (cash profit)
Earning retention ratio
Cash earnings retention ratio

     

31.46
32.16
32.83
35.33
33.83
54.26
54.80
51.75
54.17
54.23
65.14
65.96
63.70
64.49
65.20

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

4.13
7.46
6.72

3.51
8.22
7.11

3.62
7.97
7.08

2.86
7.31
5.82

2.89
6.29
5.35

0.05
0.31
0.71
-

0.06
0.14
0.72
-

0.07
0.13
0.70
-

0.07
0.12
0.67
-

0.07
0.17
0.69
-

"%
  
Material cost component (% earnings)
Selling cost Component
Exports as percent of total sales
Import comp. in raw mat. consumed
Long term assets / total Assets
Bonus component in equity capital (%)


 
!  


 


(Rs crore)







         1

 

Owner's fund
Equity share capital

244.92

226.07

235.62

228.57

212.36

Share application money

541.08

783.49

783.49

88.24

Preference share capital

Reserves & surplus

13,830.35 10,308.14 10,024.16 8,412.74

6,820.51

Secured loans

1,475.00

1,848.33

1,125.00

1,435.00

1,919.81

Unsecured loans

2,639.90

5,483.85

3,884.04

4,423.32

2,347.12

Total

18,731.25 18,649.88 16,052.31 14,499.63 11,388.04





Fixed assets
Gross block

7,428.27

6,922.69

6,396.14

5,898.36

5,470.61

Less : revaluation reserve

535.84

589.74

643.69

697.93

752.17

Less : accumulated depreciation

3,951.13

3,582.52

3,328.56

3,082.49

2,814.55

Net block

2,941.30

2,750.43

2,423.89

2,117.94

1,903.89

Capital work-in-progress

602.27

564.42

568.92

288.49

217.65

Investments

10,019.57 12,147.10 7,664.36

2,511.88

1,192.74

Current assets, loans & advances

12,214.26 8,972.41

9,073.85

12,849.04 10,559.79

Less : current liabilities & provisions

7,046.15

5,784.48

3,678.71

3,267.72

2,486.03

Total net current assets

5,168.11

3,187.93

5,395.14

9,581.32

8,073.76

Miscellaneous expenses not written

Total

18,731.25 18,649.88 16,052.31 14,499.63 11,388.04

c




(Rs crore)

 


         1

!"

Operating income

9,807.43

9,640.16

6,331.50

5,752.47

3,963.97

Material consumed

3,351.24

4,272.53

2,501.51

1,601.86

1,031.93

Manufacturing expenses

4,283.39

3,308.95

2,403.59

2,919.43

1,710.82

Personnel expenses

652.86

536.62

367.95

290.35

212.80

Selling expenses

178.96

173.26

149.89

133.48

8.35

Administrative expenses

465.85

914.40

371.00

310.24

235.88

Expenses capitalized

Cost of sales

8,932.30

9,205.76

5,793.94

5,255.36

3,199.78

Operating profit

875.13

434.40

537.56

497.11

764.19

Other recurring income

959.60

971.07

738.58

695.22

555.24

Adjusted PBDIT

1,834.73

1,405.47

1,276.14

1,192.33

1,319.43

Financial expenses

292.21

330.50

308.76

250.32

191.88

Depreciation

319.84

244.88

222.94

240.06

417.83

Other write offs

Adjusted PBT

1,222.68

830.09

744.44

701.95

709.72

Tax charges

243.29

126.89

160.37

122.07

50.58

Adjusted PAT

979.39

703.20

584.07

579.88

659.14

Non recurring items

49.31

310.12

258.77

103.05

-14.22

Other non cash adjustments

122.99

127.41

241.79

157.92

-65.14

Reported net profit

1,151.69

1,140.73

1,084.63

840.85

579.78

Earnigs before appropriation

1,834.89

1,915.59

1,443.91

1,116.78

780.09

Equity dividend

173.86

157.69

147.73

121.12

104.62

Preference dividend

Dividend tax

9.78

26.80

25.11

20.58

14.87

Retained earnings

1,651.25

1,731.10

1,271.07

975.08

660.60

#$%



(Rs crore)

&


         1

Profit before tax
1,296.94 1,193.43 1,151.70 872.37 781.47
Net cash flow-operating activity 610.44 892.64 246.97 1,118.65 380.87
Net cash used in investing activity 512.35 -992.67 -2,611.77 -6,824.35 -2,103.60
Net cash used in fin. Activity
-1,071.98 263.16 276.53 2,228.72 1,330.26
Net inc/dec in cash and equivalent 50.81
163.13 -2,088.27 -3,476.98 -393.37
Cash and equivalent begin of year 251.01 87.88
2,175.92 5,652.90 6,045.37
Cash and equivalent end of year 301.82 251.01 87.65
2,175.92 5,652.00

' ( 

)
  ' ( 
*+,
2011 May 72
2010 May 71
2009 Apr
70
2008 Apr
63
2007 Apr
53
2006 Apr
38
2005 Jul
12
2005 Apr
14
2005 Jan
11
2004 Sep
11
2004 Jul
11
2004 Apr
15
2004 Jan
10
2003 Oct
10
2003 Jul
10
2003 Apr
44
2002 Jun
43
2001 Jun
40

)
  ' ( 
*+,
2000 Mar
37
1999 May 34
1998 Jun
32
1997 Jul
30
(Rs crore)

 


     1


  
Adjusted EPS (Rs)
Adjusted cash EPS (Rs)
Reported EPS (Rs)
Reported cash EPS (Rs)
Dividend per share
Operating profit per share (Rs)
Book value (excl rev res) per share (Rs)
Book value (incl rev res) per share (Rs.)
Net operating income per share (Rs)
Free reserves per share (Rs)

40.00
53.06
47.03
60.09
7.10
35.74
574.81
596.69
400.52
478.82

31.11
41.95
50.39
61.22
7.00
19.22
466.07
492.16
426.51
396.63

24.69
34.12
45.86
55.28
6.30
22.73
433.76
460.98
267.68
369.71

25.37
35.88
35.07
45.57
5.30
21.75
378.13
408.67
251.72
339.74

31.04
50.72
30.63
50.31
5.00
35.99
331.24
366.66
186.70
292.31

8.92
5.66
10.69
12.06
6.95
8.18
9.74

4.50
1.96
10.73
8.93
6.67
10.81
9.66

8.49
4.96
15.34
11.41
5.69
10.57
9.67

8.64
4.46
12.43
12.71
6.71
9.27
9.45

19.27
8.73
14.39
23.83
9.37
9.24
9.04

0.10
0.29
77.37

0.14
0.69
58.96

0.06
0.48
67.19

0.16
0.67
59.59

0.41
0.60
62.23




 -  .  
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 (%)


(
/
  
Long term debt / Equity
Total debt/equity
Owners fund as % of total source


Fixed assets turnover ratio

     1

1.33
1.40
0.99
0.97
0.72

 0  .  
Current ratio
Current ratio (inc. st loans)
Quick ratio
Inventory turnover ratio

1.73
1.26
1.66
59.45

1.55
0.74
1.45
55.96

2.47
1.06
2.37
40.26

3.93
1.51
3.82
32.87

4.25
2.09
4.07
19.60

15.94
12.47
81.25
85.87

16.19
13.33
73.77
80.55

15.93
13.21
70.41
78.59

17.68
13.60
75.57
82.72

18.37
11.18
81.88
88.91

3.17
6.28
6.04

7.73
4.25
5.19

6.21
4.13
5.23

7.14
4.76
5.16

3.96
6.88
6.57

34.17
1.82
0.43
0.52
3.30

44.32
1.79
0.96
0.63
3.57

39.50
2.36
0.01
0.53
3.43

26.96
2.32
0.27
3.53

27.67
0.21
0.23
3.80

.  
Dividend payout ratio (net profit)
Dividend payout ratio (cash profit)
Earning retention ratio
Cash earnings retention ratio

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

"%
  
Material cost component (% earnings)
Selling cost Component
Exports as percent of total sales
Import comp. in raw mat. consumed
Long term assets / total Assets
Bonus component in equity capital (%)