Formulas Investment Valuation Ratios Face Value Dividend Per Share Operating Profit Per Share (Rs) Net

Operating Profit Per Share (Rs) P/E Ratio EPS Bonus in Equity Capital Profitability Ratios Operating Profit Margin(%) Gross Profit Margin(%) Net Profit Margin(%) Return On Capital Employed(%) Return On Net Worth(%) Return on Long Term Funds(%) Liquidity And Solvency Ratios Current Ratio Quick Ratio Debt Equity Ratio Long Term Debt Equity Ratio Debt Coverage Ratios Interest Cover Total Debt to Owners Fund Financial Charges Coverage Ratio Management Efficiency Ratios Inventory Turnover Ratio Debtors Turnover Ratio Fixed Assets Turnover Ratio z Number of Days In Working Capital Cash Flow Indicator Ratios Dividend Payout Ratio Net Profit Current Assets/Current Liabilities Quick Assets /Quick Liabilities Debt/Equity Long Term Debt/ Equity EBIT/Interest Long Term Debt/ Owners Fund EBIT+Fixed Charges/Fixed Charges + Interest Sales / Inventory Average net credit sales/ Average Debtors Net sales/ Fixed sales Net sales / Total Assets Average working Capital X 365/ Annual Sales Revenue Dividends / Net Income Dividend / Number of Share Operating profit/ Number of shares Net Operating profit / Number of Shares Market price per share/Earning per share Profit avaialable for shareholders/Number of shares

Tech Mahindra 10.00 4.00 75.48 394.23 13.15

Siemens 2.00 6.00 34.93 351.33 10.56

55.31 83.60 19.14 16.36 13.95 16.18 20.58 18.07

25.94 65.84 9.94 8.66 6.98 31.23 22.16 31.23

Operating profit/ Sales Gross Profit/ Sales Net Profit/ Sales Net Profit before tax/Capital Employed Net Profit before tax/Net Worth Net profit before tax/Long term funds

1.58 2.49 0.53 0.37 8.41 0.53 7.97 8275.83 4.59 4.00 0.96 98.98 8.51

1.28 1.16 --93.63 -42.55

-32.59 3.17 72.20 28.06

Earning Retention Ratio

Net Income - Dividend / Net Income

90.25

67.52 30.8 38.68

TCS March WIPRO 1.00 14.00 44.82 149.58 21.84 2.00 4.00 23.47 107.16 22.25

NIIT 2.00 1.50 6.33 39.25 9.82

Cummins 2.00 15.00 33.51 199.26 12.74

Industry Average

206.80 15.06

15.46 79.65 29.96 28.12 25.44 44.38 38.80 44.38

19.00 96.94 21.90 19.62 17.96 22.34 20.41 27.20

20.21 86.11 7.22 16.12 7.34 11.35 11.94 12.81

32.16 96.21 16.81 15.88 14.33 44.08 32.71 44.08

28.01 84.73 17.50 17.46 14.33 28.26 24.43 29.63

2.41 2.40 0.01 0.01 -435.25 0.01 462.13 5451.66 7.19 4.91 1.50 111.38 42.21

1.45 2.20 0.22

1.46 1.72 0.60 0.42 2.83 0.60 4.05 47.52 2.69 2.29 2.29 144.76 55.14

1.63 1.12 0.01 0.01 423.68 0.01 442.98 8.08 6.36 4.31 2.16 60.04 58.49

1.64 1.85 0.27 0.20

99.37 0.22 109.61 43.12 4.87 3.45 1.02 142.51 27.61

0.27

5.14 8.59 1.85 104.98 36.67

57.73 4/2/2012 Mar, 11

72.76

28.54

41.51

59.72

WIPRO

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

TCS March

Infosys 2 4 23.47 107.16 84.28 96.94

Oracle
5 -110.91 281.36 608.89 74.04

1 14 44.82 149.58 97.95 79.65

5 60 146.56 442.13 420.79 93.26

Profitability Ratios
Operating Profit Margin(%) Gross Profit Margin(%) Net Profit Margin(%) Return On Capital Employed(%) Return On Net Worth(%) Return on Assets Including Revaluations Return on Long Term Funds(%) 29.96 28.12 25.44 44.38 38.8 99.53 44.38
21.9 19.62 17.96 22.34 20.41 86.86 27.2

Liquidity And Solvency Ratios

Current Ratio Quick Ratio Debt Equity Ratio Long Term Debt Equity Ratio 2.41 2.4 0.01 0.01 -1.45 2.2 0.22

Debt Coverage Ratios

Interest Cover Total Debt to Owners Fund Financial Charges Coverage Ratio Financial Charges Coverage Ratio Post Tax 435.25 0.01 462.13 406.19 5,451.66 7.19 5,451.66 4.91 1.5 4.91 111.38
99.37 0.22 109.61 93.9 43.12 4.87 43.12 3.45 1.02 3.45 142.51

Management Efficiency Ratios

Inventory Turnover Ratio Debtors Turnover Ratio Investments Turnover Ratio Fixed Assets Turnover Ratio Total Assets Turnover Ratio Asset Turnover Ratio Number of Days In Working Capital

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit Dividend Payout Ratio Cash Profit Earning Retention Ratio 42.21 39.4 57.73
27.61 24.27 72.76

Earnings Per Share

38.62 99.53

17.74 86.86

NIIT
2 1.5 6.33 39.25 22.27 86.11

Cummins
2 15 33.51 199.26 -96.21

7.22 16.12 7.34 11.35 11.94 25.22 12.81

1.46 1.72 0.6 0.42

2.83 0.6 4.05 4.26

47.52 2.69 47.52 2.29 2.29 2.29 144.76

55.14 25.53 28.54

3.01 25.22

Tech Mahindra Siemens 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 10 4 75.48 394.23 233.9 83.6 2 6 34.93 351.33 109.79 65.84

TCS March WIPRO

NIIT
2 1.5 6.33 39.25 22.27 86.11

1 14 44.82 149.58 97.95 79.65 29.96 28.12 25.44 44.38 38.8 99.53 44.38 2.41 2.4 0.01 0.01 -435.25 0.01 462.13 406.19 5,451.66 7.19 5,451.66 4.91 1.5 4.91 111.38 42.21 39.4 57.73 38.62 99.53

2 4 23.47 107.16 84.28 96.94 21.9 19.62 17.96 22.34 20.41 86.86 27.2 1.45 2.2 0.22

Profitability Ratios
Operating Profit Margin(%) Gross Profit Margin(%) Net Profit Margin(%) Return On Capital Employed(%) Return On Net Worth(%) Return on Assets Including Revaluations Return on Long Term Funds(%) 19.14 16.36 13.95 16.18 20.58 268.67 18.07 9.94 8.66 6.98 31.23 22.16 112.14 31.23 7.22 16.12 7.34 11.35 11.94 25.22 12.81

Liquidity And Solvency Ratios

Current Ratio Quick Ratio Debt Equity Ratio Long Term Debt Equity Ratio 1.58 2.49 0.53 0.37 1.28 1.16 --1.46 1.72 0.6 0.42

Debt Coverage Ratios

Interest Cover Total Debt to Owners Fund Financial Charges Coverage Ratio Financial Charges Coverage Ratio Post Tax 8.41 0.53 7.97 7.81 93.63 -42.55 32.59

99.37 0.22 109.61 93.9 43.12 4.87 43.12 3.45 1.02 3.45 142.51 27.61 24.27 72.76 17.74 86.86

2.83 0.6 4.05 4.26

Management Efficiency Ratios

Inventory Turnover Ratio Debtors Turnover Ratio Investments Turnover Ratio Fixed Assets Turnover Ratio Total Assets Turnover Ratio Asset Turnover Ratio Number of Days In Working Capital 8,275.83 4.59 8,275.83 4 0.96 4 98.98 -42.55 32.59 3.17 6.11 72.2 47.52 2.69 47.52 2.29 2.29 2.29 144.76 55.14 25.53 28.54 3.01 25.22

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit Dividend Payout Ratio Cash Profit Earning Retention Ratio Earnings Per Share Book Value 8.51 7.1 90.25 55.31 268.67 28.06 23.78 67.52 24.84 112.11

Cummins
2 15 33.51 199.26 -96.21

16.81 15.88 14.33 44.08 32.71 91.23 44.08

1.63 1.12 0.01 0.01

423.68 0.01 442.98 331.63

8.08 6.36 8.08 4.31 2.16 4.31 60.04

58.49 55.08 41.51 29.85 91.23

Investment Valuation Ratios

Face Value 2

Cummins Investme nt 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 2 15 33.51

Dividend Per Share Operating Profit Per Share (Rs) Net Operating Profit Per Share (Rs)

15 33.51 199.26

Free Reserves Per Share (Rs)

--

199.26

Bonus in Equity Capital

96.21

--

Profitability Ratios
Operating Profit Margin(%) 16.81

96.21

Profitabili ty Ratios
Operating Profit Margin(%) Gross Profit Margin(%) Net Profit Margin(%) Return On Capital Employed(% ) Return On Net Worth(%) Return on Assets Including Revaluation s Return on Long Term Funds(%) 16.81

Profit Before Interest And Tax Margin(%)

15.2

Gross Profit Margin(%) Cash Profit Margin(%)

15.88 15.22

15.88 14.33

Adjusted Cash Margin(%)

15.22

44.08

Net Profit Margin(%)

14.33

32.71

Adjusted Net Profit Margin(%)

14.33

91.23

Return On Capital Employed(%)

44.08

44.08

Return On Net Worth(%)

32.71

Liquidity And Solvency Ratios

Current Ratio Quick Ratio Debt Equity Ratio 1.63 1.12 0.01

Adjusted Return on Net Worth(%) Return on Assets Excluding Revaluations Return on Assets Including Revaluations

32.71 91.23 91.23

Return on Long Term Funds(%)

44.08

Long Term Debt Equity Ratio

0.01

Liquidity And Solvency Ratios

Current Ratio Quick Ratio 1.63 1.12

Debt Coverage Ratios

Interest Cover Total Debt to Owners Fund Financial Charges Coverage Ratio Financial Charges Coverage Ratio Post Tax 423.68 0.01

Debt Equity Ratio

0.01

442.98

Long Term Debt Equity Ratio

0.01

331.63

Debt Coverage Ratios

Manage ment Efficiency Ratios

423.68 Inventory Turnover Ratio Debtors Turnover Ratio Investments Turnover Ratio Fixed Assets Turnover Ratio Total Assets Turnover Ratio 8.08 Asset Turnover Ratio Number of Days In Working Capital 8.08

Interest Cover

Total Debt to Owners Fund

0.01

6.36

Financial Charges Coverage Ratio

442.98

8.08

Financial Charges Coverage Ratio Post Tax

331.63

4.31

Management Efficiency Ratios

2.16

Inventory Turnover Ratio

4.31

Debtors Turnover Ratio

6.36

60.04

Investments Turnover Ratio

8.08

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit 58.49

Fixed Assets Turnover Ratio

4.31

Total Assets Turnover Ratio

2.16

Dividend Payout Ratio Cash Profit Earning Retention Ratio Earnings Per Share Book Value

55.08

Asset Turnover Ratio Average Raw Material Holding Average Finished Goods Held Number of Days In Working Capital

4.31 --60.04 67.9 22.52 -27.78 58.49 55.08 41.51 44.92 0.03 29.85 91.23

41.51 29.85 91.23

Profit & Loss Account Ratios

Material Cost Composition Imported Composition of Raw Materials Consumed Selling Distribution Cost Composition Expenses as Composition of Total Sales

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit Dividend Payout Ratio Cash Profit Earning Retention Ratio Cash Earning Retention Ratio AdjustedCash Flow Times Earnings Per Share Book Value