Month BSE SensexLauras Closing R_SENSEX R_LL

Dec-16 26626.46 94.99 0 0

Jan-17 27655.96 102.01 3.866454646994 7.3902516054322
Feb-17 28743.32 103.06 3.9317384028614 1.0293108518773
Mar-17 29620.5 103.69 3.0517699416769 0.6112943916165
Apr-17 29918.4 113.83 1.0057223882109 9.7791493875976
May-17 31145.8 122.88 4.1024921118776 7.9504524290609
Jun-17 30921.61 116.15 -0.7198081282227 -5.476888020833
Jul-17 32514.94 105.38 5.1528041392411 -9.272492466638
Aug-17 31730.49 101.18 -2.4125832617252 -3.985576010628
Sep-17 31283.72 107.31 -1.4080148147728 6.0585095868749
Oct-17 33213.13 104.78 6.1674570671263 -2.357655390923
Nov-17 33149.35 108.58 -0.1920324883563 3.626646306547
Dec-17 34056.83 103.8 2.7375499067101 -4.402284030208
Jan-18 35965.02 107.67 5.6029583493237 3.728323699422
Feb-18 34184.04 100.62 -4.9519783389527 -6.5477848983
Mar-18 32968.68 102.46 -3.555343370766 1.8286622937786
Apr-18 35160.36 93.7 6.6477638777167 -8.549677923092
May-18 35322.38 92.15 0.4608030179441 -1.654215581644
Jun-18 35423.48 91.22 0.2862208039209 -1.009224091156
Jul-18 37606.58 87.58 6.1628614692853 -3.990352992765
Aug-18 38645.07 86.03 2.7614582341707 -1.769810459009
Sep-18 36227.14 68.36 -6.2567618586278 -20.53934673951
Oct-18 34442.05 76.7 -4.9274935863002 12.200117027501
Nov-18 36194.3 75.94 5.0875310848222 -0.990873533246
Dec-18 36068.33 73.97 -0.3480382270136 -2.594153278904
Jan-19 36256.69 66.39 0.5222309987737 -10.24739759362
Feb-19 35867.44 79.95 -1.0735949696456 20.424762765477
Mar-19 38672.91 76.39 7.8217737312727 -4.452782989368
Apr-19 39031.55 71.95 0.9273675035057 -5.812279094122
May-19 39714.2 67.35 1.7489697437073 -6.393328700486
Jun-19 39394.64 67.32 -0.8046492186674 -0.044543429844
Jul-19 37481.12 65.61 -4.8573105376772 -2.540106951872
Aug-19 37332.79 74.72 -0.3957459115416 13.885078494132
Sep-19 38667.33 73.75 3.5747127391229 -1.29817987152
Oct-19 40129.05 70.07 3.7802454940644 -4.989830508475
Nov-19 40793.81 71.91 1.6565555376965 2.6259454830883
Dec-19 41253.74 86.04 1.1274504636855 19.649561952441
Jan-20 40723.49 82.25 -1.2853380081418 -4.404927940493
Feb-20 38297.29 64.52 -5.9577408517787 -21.55623100304
Mar-20 29468.49 102.47 -23.053328316442 58.818970861748
Apr-20 33717.62 93.25 14.419232203618 -8.997755440617
May-20 32424.1 103.95 -3.836332457629 11.474530831099
Jun-20 34915.8 186.72 7.6847159982852 79.62481962482
Jul-20 37606.89 225.81 7.70737030227 20.935089974293
Aug-20 38628.29 287.05 2.7159916706752 27.12014525486
Sep-20 38067.93 319.2 -1.4506466633651 11.200139348546
Oct-20 39614.07 317.15 4.0615289562632 -0.642230576441
Nov-20 44149.72 353.15 11.449593540881 11.351095696043
Dec-20 47751.33 345.2 8.1577187805495 -2.251168058898
Jan-21 46285.77 350.4 -3.0691501158188 1.5063731170336
Feb-21 49099.99 362.05 6.0800976196356 3.3247716894977
Mar-21 49509.15 453.1 0.8333199253197 25.148460157437
Apr-21 48782.36 523.75 -1.4679912703005 15.592584418451
May-21 51937.44 679.6 6.4676657709877 29.756563245823
Jun-21 52482.71 640.65 1.0498592152405 -5.731312536786
Jul-21 52586.84 666.6 0.1984081995766 4.0505736361508
Aug-21 57552.39 617.05 9.4425715635319 -7.433243324332
Sep-21 59126.36 515.7 2.7348473277999 -16.42492504659
Oct-21 59306.93 508.25 0.3053967807252 -1.444638355633
Nov-21 57064.87 539.2 -3.7804351026094 6.0895228726021
Dec-21 58253.82 502.9 2.0835060169242 -6.732195845697
Jan-22 58014.17 541.55 -0.4113893303478 7.6854245376814
Feb-22 56247.28 590.05 -3.0456179929834 8.9557750900194
Mar-22 58568.51 583.65 4.1268306663007 -1.084653842895
Apr-22 57060.87 567.6 -2.5741477800955 -2.749935749165
May-22 55566.41 464.5 -2.6190627657798 -18.16420014094
Jun-22 53018.94 522.75 -4.5845502705681 12.54036598493
Jul-22 57570.25 578.75 8.5843096825399 10.712577714012
Aug-22 59537.07 512.5 3.4163825934402 -11.44708423326
Sep-22 57426.92 454.6 -3.5442624233944 -11.29756097561
Oct-22 60746.59 417.45 5.7806861311733 -8.172019357677
Nov-22 63099.65 375.15 3.8735672241026 -10.1329500539
Dec-22 60840.74 330.4 -3.5799089218403 -11.92856190857
Jan-23 59549.9 314.15 -2.1216704464804 -4.918280871671
Feb-23 58962.12 293 -0.9870377616083 -6.732452650008
Mar-23 58991.52 307.65 0.0498625219039 5
Apr-23 61112.44 330.55 3.5952964087042 7.4435234844791
May-23 62622.24 366.5 2.4705280954254 10.875813038875
Jun-23 64718.56 338.15 3.347564699059 -7.735334242838
Jul-23 66527.67 399.7 2.7953495875063 18.201981369215
Aug-23 64831.41 395.2 -2.5497060095446 -1.125844383287
Sep-23 65828.41 361.5 1.5378348242002 -8.527327935223
Oct-23 63874.93 380.9 -2.9675333188209 5.3665283540802
Nov-23 66988.44 430.15 4.8743849895413 12.929902861643
Dec-23 72240.26 381.1 7.8398899869888 -11.40299895385
Jan-24 71752.11 406.15 -0.6757312335255 6.5730779323012
Feb-24 72500.3 391.75 1.0427428545307 -3.545488120153
Mar-24 73651.35 450.25 1.5876486028334 14.932992980217
Apr-24 74482.78 419.05 1.1288727226317 -6.929483620211
May-24 73961.31 424.25 -0.7001215582984 1.2409020403293
Jun-24 79032.73 463.5 6.8568552936664 9.2516205067767
Jul-24 81741.34 469.9 3.4272003510444 1.3807982740022
Aug-24 82365.77 501.3 0.7639096692078 6.6822728240051
Sep-24 83079.66 484.9 0.8667314103905 -3.2714941153
AVERAGE 1.3338096439313 2.5835338314528
AVERAGE PA 10.400776924686 31.002405977433
BETA 1 -0.033961563382

Calculation Of Ke and Kd
Return_Sensex Return_DLF
Average Per Month 1.3338096439313 2.5835338314528
Average PA 10.400776924686 31.002405977433
Beta 1 -0.033961563382
Rf 4.9
Ke 4.713185015823
Deb Interest=FC/LTB 22.913195444922
Kd 16.039236811445
Balance Sheet of Laurus Labs (in Rs.
Mar-24
Cr.) Mar-23 Mar-22 Mar-21 Mar-20
12 mths 12 mths 12 mths 12 mths 12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 107.79 107.73 107.47 107.32 106.91
Total Share Capital 107.79 107.73 107.47 107.32 106.91
Reserves and Surplus 3,981.69 3,917.72 3,234.55 2,485.31 1,658.23
Total Reserves and Surplus 3,981.69 3,917.72 3,234.55 2,485.31 1,658.23
Total Shareholders Funds 4,110.95 4,037.53 3,351.19 2,597.55 1,769.78
Minority Interest 4.62 11.13 7.86 3.15 0
NON-CURRENT LIABILITIES
Long Term Borrowings 798.23 761.42 596.34 429.16 165.02
Deferred Tax Liabilities [Net] 57.04 82.45 69.11 19.18 0
Other Long Term Liabilities 210.44 254.14 189.86 181.31 77.3
Long Term Provisions 93.47 81.47 72.67 63.19 45.85
Total Non-Current Liabilities 1,159.18 1,179.48 927.98 692.84 288.17
CURRENT LIABILITIES
Short Term Borrowings 1,708.82 1,210.55 1,135.69 886.12 790.51
Trade Payables 1,051.24 710.65 876.37 1,178.69 615.61
Other Current Liabilities 327.41 490.97 652.46 379.88 275.31
Short Term Provisions 24.81 20.09 16.49 12.46 10.94
Total Current Liabilities 3,112.28 2,432.26 2,681.01 2,457.15 1,692.37
Total Capital And Liabilities 8,387.03 7,660.40 6,968.04 5,750.69 3,750.32
ASSETS
NON-CURRENT ASSETS
Tangible Assets 3,624.69 3,149.39 2,395.34 1,915.00 1,706.84
Intangible Assets 19.02 12.93 10.83 9.32 9.75
Capital Work-In-Progress 422.84 550.78 813.22 362.17 67.18
Fixed Assets 4,066.55 3,713.10 3,219.39 2,286.49 1,783.78
Non-Current Investments 123.98 49.9 30.81 3.41 3.41
Deferred Tax Assets [Net] 0 0 0 0 73.93
Long Term Loans And Advance 0 0 0 0 0
Other Non-Current Assets 115.23 189.42 126.93 139.63 67.41
Total Non-Current Assets 4,552.06 4,198.72 3,623.43 2,675.83 1,938.26
CURRENT ASSETS
Current Investments 0 0 0 0 0
Inventories 1,845.41 1,684.81 1,760.30 1,575.45 905.22
Trade Receivables 1,662.92 1,580.44 1,354.18 1,306.06 791.42
Cash And Cash Equivalents 141.65 48.46 75.94 48.46 1.74
Short Term Loans And Advanc 0.95 0.97 0.64 0.68 0.49
OtherCurrentAssets 184.04 147 153.55 144.21 113.19
Total Current Assets 3,834.97 3,461.68 3,344.61 3,074.86 1,812.06
Total Assets 8,387.03 7,660.40 6,968.04 5,750.69 3,750.32
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 414.14 494.88 481.87 555.75 307.84
BONUS DETAILS
Bonus Equity Share Capital 73.97 73.97 73.97 73.97 73.97
NON-CURRENT INVESTMENTS
Non-Current Investments Quo 0 0 0 0 0
Non-Current Investments Unq 3.41 3.41 3.41 3.41 3.41
CURRENT INVESTMENTS
Current Investments Quoted M 0 0 0 0 0
Current Investments Unquoted 0 0 0 0 0
Consolidated Profit & Loss account

INCOME
Revenue From Operations [Gross]
Revenue From Operations [Net]
Other Operating Revenues
Total Operating Revenues
Other Income
Total Revenue
EXPENSES
Cost Of Materials Consumed
Purchase Of Stock-In Trade
Changes In Inventories Of FG,WIP And Stock-In Trade
Employee Benefit Expenses
Finance Costs
Depreciation And Amortisation Expenses
Other Expenses
Total Expenses
Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax
Profit/Loss Before Tax
Tax Expenses-Continued Operations
Current Tax
Deferred Tax
Total Tax Expenses
Profit/Loss After Tax And Before ExtraOrdinary Items
Profit/Loss From Continuing Operations
Profit/Loss For The Period
Minority Interest
Share Of Profit/Loss Of Associates
Consolidated Profit/Loss After MI And Associates
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.)
Diluted EPS (Rs.)
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend
Tax On Dividend
------------------- in Rs. Cr. -------------------
Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

5,001.80 6,014.22 4,888.54 4,723.22 2,758.61

5,001.80 6,014.22 4,888.54 4,723.22 2,758.61
39.03 26.33 47.03 90.29 73.11
5,040.83 6,040.55 4,935.57 4,813.51 2,831.72
26.34 6 13.58 23.66 5.92
5,067.17 6,046.55 4,949.15 4,837.17 2,837.65

2,422.38 2,596.57 2,269.13 2,358.97 1,613.69

110.92 155.71 145.81 96.23 15.88
-100.88 22.04 -221.17 -297.01 -216.15
639.93 580.64 501.53 434.09 344.87
182.9 165.17 100.67 68.16 89.59
384.58 324.08 251.49 205.07 187.27
1,190.98 1,093.40 817.84 670.55 508.9
4,830.81 4,937.61 3,865.30 3,536.06 2,544.04
236.36 1,108.94 1,083.85 1,301.11 293.61
236.36 1,108.94 1,083.85 1,301.11 293.61

93.11 289.83 254.22 337.6 53.58

-24.96 22.47 -2.8 -20.31 -15.24
68.15 312.3 251.42 317.29 38.34
168.21 796.64 832.43 983.82 255.27
168.21 796.64 832.43 983.82 255.27
168.21 796.64 832.43 983.82 255.27
-1.72 -3.32 -4.71 -0.24 0
-5.94 -3.21 -0.2 0 0
160.55 790.11 827.52 983.58 255.27

3 15 15 18 24
3 15 15 18 24

86.18 107.47 85.86 75.04 32

0 0 0 0 6.58
CALCULATION OF WACC
SOURCE AMOUNT SPECIFIC COST PROPORTION WACC
EQUITY 107.79 19.63 0.016 0.31
DEBT 10.86 0.0596 0.65
PREFERENCE SHARE 0 0 0 0
RESERVES AND SURPLUS 28,569.74 19.63 0.9244 18.15
TOTAL 30905.78 19.11

WACC 19.10759