Mar-08 Mar-09 Mar-10 Mar-11 Mar-12

Particulars

Revenue growth 25.4% 19.0% 18.0% 25.7%

Profitability ratios
Gross margin 43.1% 39.5% 45.3% 42.7% 41.0%
EBITDA margin 15.7% 13.0% 19.1% 18.3% 17.0%
EBIT margin 14.5% 11.8% 18.0% 16.8% 15.7%
Pre tax marging 15.6% 12.2% 20.7% 17.7% 17.1%
Net profit margin 10.4% 8.0% 14.4% 12.2% 12.0%

Return on investment
Operating ROA
Return on asset - RoA
Return on capital employed - RoCE
Return on equity - RoE
Return on common equity

Liquidity ratios
Current ratio (x) 0.85 1.02 0.77 1.36 1.10
Quick ratio (x) 0.30 0.45 0.25 0.72 0.55
Cash ratio (x) 0.04 0.13 0.02 0.30 0.22
Cash conversion cycle (Refer working capital days)

Activity Turnover ratios

Working capital days
- Receivables days 22.8 21.8 19.8 19.6
- Inventory days 72.7 81.5 92.3 90.7
- Payables days 75.1 81.0 83.2 74.6
Working capital days 20.4 22.3 28.8 35.7

Turnover
Receivables turnover 16.0 16.7 18.4 18.6
Inventory turnover 5.0 4.5 4.0 4.0
Payables turnover 4.9 4.5 4.4 4.9
Asset turnover 2.1 2.0 1.8 1.8
Fixed asset turnover 6.7 5.7 5.8 5.9

Solvency ratios
Debt to asset ratio
Debt to capital ratio
Debt to equity ratio (x)
Financial leverage ratio
Interest coverage ratios
Fixed charge coverage ratios

Valuation ratios
Price earnings ratio
Price to cash flow ratio
Price to sales ratio
Price to book value ratio
Basic EPS
Cash flow per share
EBITDA per share
Dividends per share
Dividend payout ratio
Retention rate (%)
Sustainable growth rate
PEG
Du Pont Analysis
Net profit margin
Asset turnover
Financial leverage (Total asset / Total equity)
ROE

Performance and coverage ratios

Cash flow (operating) to revenue
Cash return on assets
Cash return on equity
Cash to income
Cash flow per share
Debt coverage
Interest coverage
Reinvestment
Debt payment
Dividend payment
Investing and financing
Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

12.7% 16.1% 11.8% 8.6% 0.0% 12.0% 15.7% 4.9% 45.4%

42.6% 43.0% 44.7% 48.4% 45.7% 43.6% 42.6% 44.7% 37.6%

17.2% 17.1% 17.3% 19.6% 21.1% 20.6% 20.2% 22.4% 19.4%
15.8% 15.0% 15.3% 17.7% 18.8% 18.4% 17.8% 18.4% 16.5%
16.9% 16.3% 16.6% 18.8% 21.0% 20.2% 19.4% 19.9% 16.8%
11.7% 11.2% 11.4% 12.6% 14.2% 13.4% 13.0% 15.4% 12.5%

1.18 1.29 1.35 1.29 1.64 1.31 1.38 1.49 1.80

0.55 0.70 0.69 0.77 0.87 0.67 0.69 0.60 1.12
0.24 0.27 0.02 0.05 0.07 0.04 0.05 0.12 0.03

23.1 23.6 22.6 21.5 25.3 27.5 26.5 25.0 21.3

97.3 96.7 98.3 95.4 101.1 99.8 92.4 103.9 69.6
77.7 80.8 78.0 76.2 73.6 80.6 72.8 71.6 52.5
42.7 39.4 42.8 40.6 52.8 46.7 46.2 57.3 38.4

15.8 15.5 16.2 17.0 14.4 13.3 13.8 14.6 17.1

3.8 3.8 3.7 3.8 3.6 3.7 4.0 3.5 5.2
4.7 4.5 4.7 4.8 5.0 4.5 5.0 5.1 7.0
1.7 1.7 1.7 1.6 1.4 1.3 1.3 1.3 1.6
4.8 5.0 5.6 5.2 4.6 4.2 3.7 3.5 5.1
A
A
A
A
A
A 12 15
A Revenue 100 100
A COGS -59 -55.3
A Gross Profit 41 44.7
A Operating Expenses -24 -27.4
A EBITDA 17 17.3
A Dep -1.3 -2
A EBIT 15.7 15.3
A Interest
A EBT 17.1 16.6
A Tax
A PAT 12 11.4
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
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A
 Mar-08 Mar-09 Mar-10 Mar-11
INCOME
Revenue From Operations [Net] 3,595.5 4,510.1 5,367.7 6,308.1
Other Operating Revenues - - - 28.0
Total Operating Revenues 3,595.5 4,510.1 5,367.7 6,336.1
Cost Of Materials Consumed 1,983.2 2,610.8 2,921.1 3,681.9
Purchase Of Stock-In Trade 56.1 76.1 92.2 105.6
Operating And Direct Expenses 39.3 40.5 52.3 -
Changes In Inventories Of FG,WIP And Stock-In -33.9 -0.6 -130.8 -157.5
Trade
Material Cost 2,044.6 2,726.7 2,934.7 3,629.9
Gross profit 1,550.9 1,783.4 2,433.0 2,706.1
Employee Benefit Expenses 195.5 239.8 262.7 300.5
Other Expenses 791.1 955.2 1,142.6 1,248.4
Other operating expenses 986.6 1,195.0 1,405.4 1,548.9
EBITDA 564.3 588.4 1,027.6 1,157.3
Depreciation And Amortisation Expenses 43.8 57.2 60.7 94.5
EBIT 520.5 531.3 966.9 1,062.8
Finance Costs 8.3 10.4 13.8 15.4
EBT (pre other income) 512.3 520.9 953.1 1,047.4
Other Income 52.3 29.8 125.2 74.9
Exceptional Items -2.7 -2.3 32.7 -
EBT 561.9 548.3 1,111.0 1,122.3
Current Tax 171.3 162.8 334.0 325.0
Deferred Tax 9.4 16.4 2.5 26.4
Tax For Earlier Years 6.0 6.8 - -4.2
Total tax 186.7 186.0 336.5 347.2
Effective tax rate 33.2% 33.9% 30.3% 30.9%
PAT 375.2 362.4 774.5 775.1

Basic EPS (Rs.) 39.12 37.78 80.74 80.81

Diluted EPS (Rs.) 39.12 37.78 80.74 80.81
Equity Share Dividend 163.06 167.86 258.98 306.94
Tax On Dividend 27.72 28.53 43.33 50.11

Equity Dividend Rate (%) 170 175 270 320

SHAREHOLDER'S FUNDS

Equity Share Capital 95.9 95.9 95.9 95.9

Reserves and Surplus 832.6 998.6 1,461.3 1,879.4

Total Shareholders Funds 928.5 1,094.5 1,557.2 1,975.3

NON-CURRENT LIABILITIES

Long Term Borrowings 63.8 65.3 66.0 57.7

Deferred Tax Liabilities [Net] 48.4 67.9 70.5 75.5

Other Long Term Liabilities - - - 5.0

Long Term Provisions - - - 66.4

Total Non-Current Liabilities 112.2 133.2 136.4 204.6

CURRENT LIABILITIES

Short Term Borrowings 13.6 - 0.3 4.0

Trade Payables 590.2 534.9 864.4 931.9

Other Current Liabilities 212.2 246.3 294.1 464.5

Short Term Provisions 166.5 185.8 304.2 274.8

Total Current Liabilities 982.5 967.0 1,463.1 1,675.1

Total Capital And Liabilities 2,023.2 2,194.7 3,156.7 3,855.0

ASSETS

NON-CURRENT ASSETS

Tangible Assets 395.7 586.2 660.8 1,038.7

Intangible Assets 33.1 36.7 46.7 18.5

Capital Work-In-Progress 136.3 164.6 380.7 39.7

Fixed Assets 565.1 787.6 1,088.2 1,096.9

Non-Current Investments 422.9 234.8 703.7 206.8

Long Term Loans And Advances 16.9 20.0 22.6 -

Other Non-Current Assets - - - 97.8

Total Non-Current Assets 1,004.8 1,042.4 1,814.4 1,401.5

CURRENT ASSETS

Current Investments - - - 341.0

Inventories 539.0 546.7 763.1 1,071.8

Trade Receivables 251.9 311.0 331.4 355.6

Cash And Cash Equivalents 41.4 128.3 28.6 509.0

Short Term Loans And Advances 186.1 166.3 219.1 84.8

Other Current Assets - - - 91.5

Total Current Assets 1,018.4 1,152.3 1,342.3 2,453.6

Total Assets 2,023.2 2,194.7 3,156.7 3,855.0

Check sum - - - -
Other key balance sheet parameters
Current assets 832.2 986.0 1,123.2 2,277.3
Current liabilites 982.5 967.0 1,463.1 1,675.1
Net current assets -150.3 19.0 -339.9 602.2

Net debt 22.5 -63.0 37.4 -451.3

Capital employed 1,040.7 1,227.7 1,693.6 2,179.9

Purchases 2,734.5 3,151.2 3,938.6

Average
- Equity 1,011.5 1,325.8 1,766.3
- Debt 71.3 65.8 64.0
- Total capital 1,082.8 1,391.6 1,830.3
- Assets 2,108.9 2,675.7 3,505.9
- Fixed assets 676.3 937.9 1,092.5
- CE 1,134.2 1,460.7 1,936.8
- debtors 281.5 321.2 343.5
- inventory 542.8 654.9 917.5
- creditors 562.5 699.6 898.2

Earnings per share 39.12 37.78 80.74 80.81

Market price at the end of the year 119.99 78.64 203.88 252.58
Market price - High
Market price - Low
Market price - Average
Book value per share 96.8 114.1 162.3 205.9
Cash flow per share 47.7 33.9 88.3 77.5
Sales per share 374.8 470.2 559.6 660.6
No of shares - in crores 9.59 9.59 9.59 9.59

Net Profit/Loss Before Extraordinary Items And Tax 564.6 547.9 1,104.8 1,122.3
Net CashFlow From Operating Activities 457.3 325.2 847.4 743.3
Net Cash Used In Investing Activities -331.9 -16.7 -241.8 -410.2
Net Cash Used From Financing Activities -126.5 -221.6 -238.0 -319.5
Adjustments on Amalgamation / Merger / Demerger - - - -0.0
Net Inc/Dec In Cash And Cash Equivalents -1.1 86.9 367.6 13.5
Cash And Cash Equivalents Begin of Year 42.5 41.4 127.9 495.6
Cash And Cash Equivalents End Of Year 41.4 128.3 495.6 509.0
Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18

7,924.7 8,921.1 10,300.2 11,485.7 12,458.7 12,448.8 13,937.5

39.5 50.6 118.6 163.2 187.2 198.3 230.4
7,964.2 8,971.7 10,418.8 11,648.8 12,645.9 12,647.1 14,167.9
4,722.7 5,125.5 5,758.7 6,191.7 5,842.3 6,737.5 7,100.2
120.4 199.6 256.6 380.6 524.4 646.5 742.6
- - - - - - -
-143.8 -175.9 -75.3 -132.4 162.9 -515.6 154.1
4,699.4 5,149.1 5,940.0 6,439.9 6,529.6 6,868.4 7,996.8
3,264.8 3,822.6 4,478.8 5,209.0 6,116.3 5,778.7 6,171.0
341.6 404.6 482.4 606.9 664.2 742.8 791.1
1,571.4 1,870.7 2,219.1 2,591.5 2,972.6 2,365.0 2,459.4
1,913.0 2,275.3 2,701.6 3,198.5 3,636.8 3,107.9 3,250.5
1,351.8 1,547.3 1,777.3 2,010.5 2,479.6 2,670.8 2,920.5
99.5 127.0 212.3 223.1 238.4 295.4 311.1
1,252.3 1,420.3 1,564.9 1,787.4 2,241.2 2,375.4 2,609.4
30.8 30.6 26.1 27.1 23.4 18.9 21.1
1,221.4 1,389.7 1,538.9 1,760.3 2,217.8 2,356.5 2,588.3
141.5 126.2 173.7 186.8 225.3 300.2 277.5
- - -10.0 -13.5 -65.4 - -
1,362.9 1,515.9 1,702.6 1,933.6 2,377.7 2,656.7 2,865.8
402.8 406.0 498.6 616.4 743.7 817.3 968.9
4.2 62.6 33.7 -9.3 39.9 41.3 2.6
-2.4 -2.7 1.1 -1.0 -3.3 -3.6 -0.4
404.5 465.9 533.5 606.2 780.3 855.0 971.0
29.7% 30.7% 31.3% 31.3% 32.8% 32.2% 33.9%
958.4 1,050.0 1,169.1 1,327.4 1,597.4 1,801.7 1,894.8

99.92 109.47 12.19 13.84 16.65 18.78 19.75

99.92 109.47 12.19 13.84 16.65 18.78 19.75
383.69 441.23 508.37 585.12 719.39 762.56 987.98
62.24 74.29 82.02 112.95 145.14 154.33 199.44

400 460 530 610 750 1,030.00 870

 95.9 95.9 95.9 95.9 95.9 95.9 95.9

2,391.9 2,926.3 3,505.0 4,134.3 4,867.2 6,998.8 7,702.2

2,487.8 3,022.3 3,600.9 4,230.3 4,963.2 7,094.8 7,798.2

52.6 46.8 39.5 32.1 31.6 10.4 9.9

80.8 143.3 177.1 167.8 207.7 261.2 270.3

3.6 0.5 0.1 - 1.7 6.0 3.3

65.2 76.8 80.2 85.3 94.2 109.8 107.4

202.2 267.4 296.9 285.1 335.2 387.4 390.8

110.5 - - - - 26.8 -

1,069.1 1,214.1 1,498.8 1,313.1 1,333.2 1,671.3 1,851.5

755.4 721.0 747.5 832.7 1,021.3 1,141.6 1,504.6

355.1 423.6 537.5 612.0 711.4 36.2 42.9

2,290.1 2,358.7 2,783.8 2,757.8 3,065.8 2,875.9 3,399.0

4,980.0 5,648.3 6,681.7 7,273.2 8,364.2 10,358.0 11,587.9

987.8 2,074.9 1,973.2 1,886.4 2,533.0 2,512.0 2,477.4

21.3 27.0 39.0 79.1 92.2 92.7 91.1

602.8 52.6 38.0 139.5 92.8 219.8 1,391.8

1,611.9 2,154.4 2,050.2 2,105.0 2,717.9 2,824.4 3,960.4

279.2 359.7 548.2 775.7 1,006.9 1,598.2 1,547.3

- - 94.6 209.5 111.2 70.3 79.1

311.3 92.9 6.3 13.6 30.5 434.9 500.1

2,202.4 2,607.0 2,699.3 3,103.9 3,866.6 4,927.8 6,086.8

263.0 90.0 482.0 1,118.1 1,432.8 1,315.4 1,030.0

1,264.4 1,480.8 1,665.1 1,802.2 1,610.1 2,194.1 2,178.4

500.2 633.9 712.4 728.9 759.1 994.6 1,138.2

501.0 566.9 745.4 61.8 155.0 205.9 120.8

153.7 164.1 201.5 205.4 221.9 13.6 12.2

95.3 105.7 176.1 252.9 318.7 706.6 1,021.4

2,777.6 3,041.3 3,982.4 4,169.3 4,497.6 5,430.2 5,501.1

4,980.0 5,648.3 6,681.7 7,273.2 8,364.2 10,358.0 11,587.9

- - - - - - -
2,528.6 2,771.5 3,604.8 3,710.9 3,957.0 4,710.1 4,467.5
2,290.1 2,358.7 2,783.8 2,757.8 3,065.8 2,875.9 3,399.0
238.6 412.9 820.9 953.1 891.2 1,834.1 1,068.5

-448.3 -520.1 -705.9 -29.7 -123.5 -195.6 -111.0

2,690.0 3,289.6 3,897.9 4,515.4 5,298.3 7,482.1 8,189.0

4,892.0 5,365.5 6,124.2 6,577.0 6,337.5 7,452.4 7,981.2

2,231.6 2,755.0 3,311.6 3,915.6 4,596.7 6,029.0 7,446.5

112.4 105.0 43.1 35.8 31.8 34.4 23.5
2,344.0 2,860.0 3,354.7 3,951.4 4,628.5 6,063.3 7,470.0
4,417.5 5,314.2 6,165.0 6,977.5 7,818.7 9,361.1 10,973.0
1,354.4 1,883.2 2,102.3 2,077.6 2,411.5 2,771.2 3,392.4
2,434.9 2,989.8 3,593.7 4,206.6 4,906.8 6,390.2 7,835.5
427.9 567.1 673.1 720.6 744.0 876.8 1,066.4
1,168.1 1,372.6 1,572.9 1,733.6 1,706.2 1,902.1 2,186.3
1,000.5 1,141.6 1,356.5 1,406.0 1,323.1 1,502.2 1,761.4

99.92 109.47 12.19 13.84 16.65 18.78 19.75

324.20 491.73 547.95 811.30 868.40 1073.50 1120.40

259.4 315.1 37.5 44.1 51.7 74.0 81.3

78.6 112.7 14.3 11.9 21.3 14.8 22.3
830.3 935.3 108.6 121.4 131.8 131.9 147.7
9.59 9.59 95.92 95.92 95.92 95.92 95.92

1,362.9 1,515.9 1,702.6 1,933.6 2,377.8 2,656.7 2,865.8

753.7 1,081.1 1,368.8 1,143.6 2,045.7 1,420.0 2,136.1
-464.9 -424.9 -615.4 -292.2 -862.8 -584.8 -1,371.0
-297.1 -590.4 -559.7 -726.6 -771.1 -956.0 -1,239.1
0.2 - - - - 1.3 -
-8.0 65.9 193.8 124.8 411.9 -119.5 -473.9
509.0 501.0 551.6 745.1 862.7 1,276.5 1,157.0
501.0 566.9 745.4 869.9 1,274.5 1,157.0 683.1
 Mar-19 Mar-20 Mar-21

16,209.4 17,025.6 25,002.1

182.3 168.5 -
16,391.8 17,194.1 25,002.1 16.1%
8,647.8 8,432.5 13,838.9
1,010.7 1,283.9 2,978.7
- - -
-247.9 -210.2 -1,208.6
9,410.6 9,506.2 15,609.0
6,981.2 7,687.9 9,393.1
902.8 985.4 1,310.1
2,770.4 2,845.4 3,229.7
3,673.2 3,830.9 4,539.9
3,308.0 3,857.0 4,853.3
382.2 690.0 721.6
2,925.8 3,167.1 4,131.7
30.0 78.4 70.3
2,895.8 3,088.7 4,061.5
278.8 357.5 186.4
- -33.2 -53.7
3,174.6 3,413.0 4,194.1
881.6 871.2 1,059.4
160.3 -117.7 -
-2.2 5.7 -
1,039.8 759.1 1,059.4
32.8% 22.2% 25.3%
2,134.8 2,654.0 3,134.7

22.26 27.67 31.82

22.26 27.67 31.82
853.68 1740.95 321.35
173.5 353.07 0

1050 1200 1785

 95.9 95.9 95.9

8,791.6 9,357.4 11,995.2

8,887.6 9,453.3 12,091.1

10.9 18.5 14.3

416.4 282.7 265.2

2.9 501.3 473.2

118.5 136.8 163.5

548.6 939.3 916.2

4.4 - -

2,062.3 1,760.1 2,814.3

1,597.3 1,390.8 1,703.1

52.3 44.1 57.9

3,716.2 3,195.0 4,575.3

13,152.4 13,587.6 17,582.7

4,580.6 4,875.2 4,525.7

90.0 85.6 76.9

179.3 108.1 110.1

4,849.9 5,069.0 4,712.7

1,817.4 2,225.6 2,161.9

76.0 64.1 57.0

355.8 403.3 694.5

7,099.0 7,761.9 7,626.1

1,146.6 432.4 3,178.8

2,585.1 2,827.5 3,124.6

1,245.0 1,109.2 1,809.8

167.5 376.1 134.9

14.0 21.3 24.6

895.2 1,059.3 1,683.9

6,053.4 5,825.7 9,956.5

13,152.4 13,587.6 17,582.7

- - -
 5,144.2 4,745.1 8,248.1
3,716.2 3,195.0 4,575.3
1,428.0 1,550.1 3,672.8

-156.6 -357.6 -120.6

9,436.2 10,392.6 13,007.3

9,817.3 9,748.6 15,906.1

8,342.9 9,170.4 10,772.2

12.6 16.9 16.4
8,355.4 9,187.3 10,788.6
12,370.2 13,370.0 15,585.1
4,405.1 4,959.4 4,890.8
8,812.6 9,914.4 11,700.0
1,191.6 1,177.1 1,459.5
2,381.8 2,706.3 2,976.0
1,956.9 1,911.2 2,287.2

22.26 27.67 31.82

1492.70 1666.50 2537.40

92.7 98.6 126.1

22.8 25.1 36.1
170.9 179.3 260.7
95.92 95.92 95.92

3,174.6 3,413.0 4,090.4

2,184.1 2,407.5 3,459.5
-815.1 -774.7 -437.0
 -895.8 -2,095.3 -582.9
- - -
473.3 -462.4 2,439.7
683.1 1,156.4 693.9
1,156.4 693.9 3,133.6
 Mar-08 Mar-09 Mar-10
INCOME
Revenue From Operations [Gross] 4,092.4 5,042.4 5,794.1
Less: Excise/Sevice Tax/Other Levies 496.8 532.3 426.4
Revenue From Operations [Net] 3,595.5 4,510.1 5,367.7
Other Operating Revenues - - -
Total Operating Revenues 3,595.5 4,510.1 5,367.7
Other Income 52.3 29.8 125.2
Total Revenue 3,647.8 4,539.9 5,492.9
EXPENSES
Cost Of Materials Consumed 1,983.2 2,610.8 2,921.1
Purchase Of Stock-In Trade 56.1 76.1 92.2
Operating And Direct Expenses 39.3 40.5 52.3
Changes In Inventories Of FG,WIP And Stock-In Trade -33.9 -0.6 -130.8
Employee Benefit Expenses 195.5 239.8 262.7
Finance Costs 8.3 10.4 13.8
Depreciation And Amortisation Expenses 43.8 57.2 60.7
Other Expenses 791.1 955.2 1,142.6
Total Expenses 3,989.3 3,989.3 4,414.6

Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax 550.6 1,078.3

3.6 7.2
-5.9 25.5
Exceptional Items -2.7
Profit/Loss Before Tax 550.6 1,078.3
Tax Expenses-Continued Operations
Current Tax 171.3 162.8 334.0
Deferred Tax 9.4 16.4 2.5
6.8 -
Tax For Earlier Years 6.0 - -
Total Tax Expenses 186.7 186.0 336.5
Profit/Loss After Tax And Before ExtraOrdinary Items 377.9 364.7 741.8

Profit/Loss For The Period 375.2 362.4 774.5

Basic EPS (Rs.) 39.12 37.78 80.74
Diluted EPS (Rs.) 39.12 37.78 80.74
Equity Share Dividend 163.06 167.86 258.98
Tax On Dividend 27.72 28.53 43.33
Equity Dividend Rate (%) 170 175 270
Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16

6,929.7 8,708.3 9,990.0 11,542.0 12,878.8 13,992.2

621.6 783.6 1,068.9 1,241.8 1,393.1 1,533.5
6,308.1 7,924.7 8,921.1 10,300.2 11,485.7 12,458.7
28.0 39.5 50.6 118.6 163.2 187.2
6,336.1 7,964.2 8,971.7 10,418.8 11,648.8 12,645.9
74.9 141.5 126.2 173.7 186.8 225.3
6,411.0 8,105.7 9,097.9 10,592.4 11,835.7 12,871.2

3,681.9 4,722.7 5,125.5 5,758.7 6,191.7 5,842.3

105.6 120.4 199.6 256.6 380.6 524.4
- - -
-157.5 -143.8 -175.9 -75.3 -132.4 162.9
300.5 341.6 404.6 482.4 606.9 664.2
15.4 30.8 30.6 26.1 27.1 23.4
94.5 99.5 127.0 212.3 223.1 238.4
1,248.4 1,571.4 1,870.7 2,219.1 2,591.5 2,972.6
5,288.7 6,742.7 7,582.0 8,879.9 9,888.6 10,428.1

1,122.3 1,362.9 1,515.9 1,712.5 1,947.1 2,443.1

- - -
- - -
-10.0 -13.5 -65.4
1,122.3 1,362.9 1,515.9 1,702.6 1,933.6 2,377.8

325.0 402.8 406.0 498.6 616.4 743.7

26.4 4.2 62.6 33.7 -9.3 39.9
- - -
-4.2 -2.4 -2.7 1.1 -1.0 -3.3
347.2 404.5 465.9 533.5 606.2 780.3
775.2 958.4 1,050.0 1,169.1 1,327.4 1,597.4

775.2 958.4 1,050.0 1,169.1 1,327.4 1,597.4

80.81 99.92 109.47 12.19 13.84 16.65
80.81 99.92 109.47 12.19 13.84 16.65
306.94 383.69 441.23 508.37 585.12 719.39
50.11 62.24 74.29 82.02 112.95 145.14
320 400 460 530 610 750
 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

14,162.1 14,329.2 16,209.4 17,025.6 25,002.1

1,713.3 391.7 - - -
12,448.8 13,937.5 16,209.4 17,025.6 25,002.1
198.3 230.4 182.3 168.5 -
12,647.1 14,167.9 16,391.8 17,194.1 25,002.1
300.2 277.5 278.8 357.5 186.4
12,947.3 14,445.4 16,670.6 17,551.6 25,188.5

6,737.5 7,100.2 8,647.8 8,432.5 13,838.9

646.5 742.6 1,010.7 1,283.9 2,978.7

-515.6 154.1 -247.9 -210.2 -1,208.6

742.8 791.1 902.8 985.4 1,310.1
18.9 21.1 30.0 78.4 70.3
295.4 311.1 382.2 690.0 721.6
2,365.0 2,459.4 2,770.4 2,845.4 3,229.7
10,290.6 11,579.5 13,496.0 14,105.4 20,940.6

2,656.7 2,865.8 3,174.6 3,446.2 4,247.9

- - -33.2 -53.73
2,656.7 2,865.8 3,174.6 3,413.0 4,194.1

817.3 968.9 881.6 871.2 1,059.4

41.3 2.6 160.3 -117.7 -

-3.6 -0.4 -2.2 5.7 -

855.0 971.0 1,039.8 759.1 1,059.4
1,801.7 1,894.8 2,134.8 2,654.0 3,134.7

1,801.7 1,894.8 2,134.8 2,654.0 3,134.7

18.78 19.75 22.3 27.7 31.8
18.78 19.75 22.3 27.7 31.8
762.56 987.98 853.7 1,741.0 321.4
154.33 199.44 173.5 353.07
1,030.00 870 1050 1200 1785
 Mar-08 Mar-09 Mar-10
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 95.9 95.9 95.9
Total Share Capital 95.9 95.9 95.9
Reserves and Surplus 832.6 998.6 1,461.3
Total Reserves and Surplus 832.6 998.6 1,461.3
Total Shareholders Funds 928.5 1,094.5 1,557.2
NON-CURRENT LIABILITIES
Long Term Borrowings 63.8 65.3 66.0
Deferred Tax Liabilities [Net] 48.4 67.9 70.5
Other Long Term Liabilities - -
Long Term Provisions - -
Total Non-Current Liabilities 112.2 133.2 136.4
CURRENT LIABILITIES
Short Term Borrowings 13.6 - 0.3
Trade Payables 590.2 534.9 864.4
Other Current Liabilities 212.2 246.3 294.1
Short Term Provisions 166.5 185.8 304.2
Total Current Liabilities 982.5 967.0 1,463.1
Total Capital And Liabilities 2,023.2 2,194.7 3,156.7
ASSETS
NON-CURRENT ASSETS
Tangible Assets 395.7 586.2 660.8
Intangible Assets 33.1 36.7 46.7
Capital Work-In-Progress 136.3 164.6 380.7
Fixed Assets 565.1 787.6 1,088.2
Non-Current Investments 422.9 234.8 703.7
Long Term Loans And Advances 16.9 20.0 22.6
Other Non-Current Assets - - -
Total Non-Current Assets 1,004.8 1,042.4 1,814.4
CURRENT ASSETS
Current Investments - - -
Inventories 539.0 546.7 763.1
Trade Receivables 251.9 311.0 331.4
Cash And Cash Equivalents 41.4 128.3 28.6
Short Term Loans And Advances 186.1 166.3 219.1
Other Current Assets - - -
Total Current Assets 1,018.4 1,152.3 1,342.3
Total Assets 2,023.2 2,194.7 3,156.7
Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16

95.9 95.9 95.9 95.9 95.9 95.9

95.9 95.9 95.9 95.9 95.9 95.9
1,879.4 2,391.9 2,926.3 3,505.0 4,134.3 4,867.2
1,879.4 2,391.9 2,926.3 3,505.0 4,134.3 4,867.2
1,975.3 2,487.8 3,022.3 3,600.9 4,230.3 4,963.2

57.7 52.6 46.8 39.5 32.1 31.6

75.5 80.8 143.3 177.1 167.8 207.7
5.0 3.6 0.5 0.1 - 1.7
66.4 65.2 76.8 80.2 85.3 94.2
204.6 202.2 267.4 296.9 285.1 335.2

4.0 110.5 - - - -
931.9 1,069.1 1,214.1 1,498.8 1,313.1 1,333.2
464.5 755.4 721.0 747.5 832.7 1,021.3
274.8 355.1 423.6 537.5 612.0 711.4
1,675.1 2,290.1 2,358.7 2,783.8 2,757.8 3,065.8
3,855.0 4,980.0 5,648.3 6,681.7 7,273.2 8,364.2

1,038.7 987.8 2,074.9 1,973.2 1,886.4 2,533.0

18.5 21.3 27.0 39.0 79.1 92.2
39.7 602.8 52.6 38.0 139.5 92.8
1,096.9 1,611.9 2,154.4 2,050.2 2,105.0 2,717.9
206.8 279.2 359.7 548.2 775.7 1,006.9
- - - 94.6 209.5 111.2
97.8 311.3 92.9 6.3 13.6 30.5
1,401.5 2,202.4 2,607.0 2,699.3 3,103.9 3,866.6

341.0 263.0 90.0 482.0 1,118.1 1,432.8

1,071.8 1,264.4 1,480.8 1,665.1 1,802.2 1,610.1
355.6 500.2 633.9 712.4 728.9 759.1
509.0 501.0 566.9 745.4 61.8 155.0
84.8 153.7 164.1 201.5 205.4 221.9
91.5 95.3 105.7 176.1 252.9 318.7
2,453.6 2,777.6 3,041.3 3,982.4 4,169.3 4,497.6
3,855.0 4,980.0 5,648.3 6,681.7 7,273.2 8,364.2
 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

95.9 95.9 95.9 95.9 95.9

95.9 95.9 95.9 95.9 95.9
6,998.8 7,702.2 8,791.6 9,357.4 11,995.2
6,998.8 7,702.2 8,791.6 9,357.4 11,995.2
7,094.8 7,798.2 8,887.6 9,453.3 12,091.1

10.4 9.9 10.9 18.5 14.3

261.2 270.3 416.4 282.7 265.2
6.0 3.3 2.9 501.3 473.2
109.8 107.4 118.5 136.8 163.5
387.4 390.8 548.6 939.3 916.2

26.8 - 4.4 - -
1,671.3 1,851.5 2,062.3 1,760.1 2,814.3
1,141.6 1,504.6 1,597.3 1,390.8 1,703.1
36.2 42.9 52.3 44.1 57.9
2,875.9 3,399.0 3,716.2 3,195.1 4,575.3
10,358.0 11,587.9 13,152.4 13,587.6 17,582.7

2,512.0 2,477.4 4,580.6 4,875.2 4,525.7

92.7 91.1 90.0 85.6 76.9
219.8 1,391.8 179.3 108.1 110.1
2,824.4 3,960.4 4,849.9 5,069.0 4,712.7
1,598.2 1,547.3 1,817.4 2,225.6 2,161.9
70.3 79.1 76.0 64.1 57.0
434.9 500.1 355.8 403.3 694.5
4,927.8 6,086.8 7,099.0 7,761.9 7,626.1

1,315.4 1,030.0 1,146.6 432.4 3,178.8

2,194.1 2,178.4 2,585.1 2,827.5 3,124.6
994.6 1,138.2 1,245.0 1,109.2 1,809.8
205.9 120.8 167.5 376.1 134.9
13.6 12.2 14.0 21.3 24.6
706.6 1,021.4 895.2 1,059.3 1,683.9
5,429.6 5,500.2 6,053.4 5,825.7 9,956.5
10,358.0 11,587.9 13,152.4 13,587.6 17,582.7
 Mar-08 Mar-09
Net Profit/Loss Before Extraordinary Items And Tax 564.55 547.9
Net CashFlow From Operating Activities 457.29 325.2
Net Cash Used In Investing Activities -331.91 -16.7
Net Cash Used From Financing Activities -126.52 -221.6
Adjustments on Amalgamation / Merger / Demerger / Others -
Net Inc/Dec In Cash And Cash Equivalents -1.14 86.9
Cash And Cash Equivalents Begin of Year 42.49 41.4
Cash And Cash Equivalents End Of Year 41.35 128.3
Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15
1,104.8 1,122.3 1,362.9 1,515.9 1,702.6 1,933.6
847.4 743.3 753.7 1,081.1 1,368.8 1,143.6
-241.8 -410.2 -464.9 -424.9 -615.4 -292.2
-238.0 -319.5 -297.1 -590.4 -559.7 -726.6
- -0.0 0.2 - - -
367.6 13.5 -8.0 65.9 193.8 124.8
127.9 495.6 509.0 501.0 551.6 745.1
495.6 509.0 501.0 566.9 745.4 869.9
Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
2,377.8 2,656.7 2,865.8 3,174.6 3,413.0 4,090.4
2,045.7 1,420.0 2,136.1 2,184.1 2,407.5 3,459.5
-862.8 -584.8 -1,371.0 -815.1 -774.7 -437.0
-771.1 -956.0 -1,239.1 -895.8 -2,095.3 -582.9
- 1.3 -
411.9 -119.5 -473.9 473.3 -462.4 2,439.7
862.7 1,276.5 1,157.0 683.1 1,156.4 693.9
1,274.5 1,157.0 683.1 1,156.4 693.9 3,133.6