Tata Metaliks Ltd.

Peer Group

Stock	Current Price Rs	PE TTM Price to Earnings	Market Capitalization in Cr	Dividend yield 1yr %	Net Profit Qtr Cr	Net Profit Annual Growth YoY %	Operating Revenues Qtr Cr	Revenue Growth Qtr YoY	Price to Book Value
Tata Metaliks Ltd.	564.00	9.26	1584.28	0.62	19.62	14.26	499.03	6.74	2.07
JSW Steel Ltd. Market Leader	238.10	9.12	57144.00	1.72	1027.00	24.43	19812.00	-3.45	2.09
Tata Steel Ltd. Market Runner Up	368.55	5.53	42196.76	0.88	649.75	-49.55	35947.11	1.28	0.58
Steel Authority of I..	34.40	8.32	14209.02	1.45	68.84	552.31	14820.01	-6.83	0.37
Jindal Steel & Power..	108.65	-4.24	11060.57	0.00	-87.40	-48.47	9945.58	2.90	0.34
KIOCL Ltd.	125.45	59.05	7802.06	1.06	16.64	37.29	598.44	52.21	3.91
Tata Steel BSL Ltd.	23.00	-9.05	2514.94	0.00	113.26	106.90	4332.74	-6.29	2.47
Jindal Stainless Ltd.	33.70	14.04	1614.90	0.00	66.83	-56.31	3066.72	-2.54	0.65

All values except ratios in INR(Crores)


Indicator	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017
Total Revenue Qtr cr	503.4	596.6	547.6	548.5	469.0	555.4	490.0	450.5	397.7
Operating Revenues Qtr Cr	499.0	593.8	546.4	547.4	467.5	546.1	489.9	450.2	387.1
Other Income Qtr Cr	4.4	2.8	1.3	1.1	1.5	9.3	0.1	0.2	10.6
Operating Expenses Qtr Cr	454.1	512.9	471.7	461.7	401.6	458.1	417.3	383.3	337.6
Operating Profit Qtr Cr	45.0	80.9	74.7	85.7	66.0	87.9	72.6	66.9	49.5
Operating Profit Margin Qtr %	9.01%	13.62%	13.67%	15.65%	14.11%	16.1%	14.82%	14.86%	12.79%
Depreciation Qtr Cr	14.5	15.3	13.6	13.5	15.2	13.2	12.3	12.0	11.6
Interest Qtr Cr	7.3	11.5	11.1	10.0	10.6	17.7	10.1	10.0	9.3
Profit Before Tax Qtr Cr	27.5	56.8	51.2	63.3	41.7	66.3	50.4	45.2	39.1
Tax Qtr Cr	7.7	-7.7	11.3	15.5	11.1	11.4	9.8	11.5	8.5
Net Profit Qtr Cr	19.6	64.3	39.6	47.5	30.4	54.6	40.4	33.5	30.6
Basic EPS Qtr Rs	7.0	25.4	15.7	18.8	12.0	21.6	16.0	13.3	12.1
Net profit TTM Cr	171.1	181.9	172.2	172.9	158.9	159.2	144.9	124.3	102.0
Basic EPS TTM Rs	60.9	64.8	68.1	68.4	62.8	62.9	57.3	49.1	40.3

Quarterly Operating Revenues Qtr Cr Analysis

Operating Revenues Qtr Cr growth is lower than historical averages.

Quarterly Net Profit Qtr Cr Analysis

Net Profit Qtr Cr growth is lower than historical averages.


Indicator	Sep-2016	Jun-2016	Mar-2016	Dec-2015	Sep-2015	Jun-2015	Mar-2015	Dec-2014	Sep-2014
Total Revenue Qtr cr	343.1	334.9	360.9	293.8	328.5	319.5	389.4	324.2	350.9
Operating Revenues Qtr Cr	342.9	334.4	360.7	293.2	327.9	319.3	388.2	321.1	350.8
Other Income Qtr Cr	0.2	0.5	0.3	0.5	0.6	0.2	1.2	3.1	0.1
Operating Expenses Qtr Cr	297.3	273.8	284.2	246.7	279.9	272.3	338.4	282.2	298.3
Operating Profit Qtr Cr	45.6	60.6	76.4	46.5	48.0	47.0	49.8	38.9	52.5
Operating Profit Margin Qtr %	13.3%	18.11%	21.19%	15.86%	14.65%	14.7%	12.82%	12.1%	14.97%
Depreciation Qtr Cr	8.0	7.7	7.7	8.1	9.2	8.0	7.7	7.7	7.3
Interest Qtr Cr	8.4	8.3	8.6	8.6	10.0	10.6	10.1	10.1	9.7
Profit Before Tax Qtr Cr	29.4	45.1	60.4	30.3	29.4	28.6	33.2	23.6	34.4
Tax Qtr Cr	7.7	10.7	11.8	4.3	8.0	1.9	4.8	4.3	7.4
Net Profit Qtr Cr	21.7	34.4	48.6	26.0	21.5	26.6	28.4	19.3	27.0
Basic EPS Qtr Rs	8.6	13.6	19.2	10.3	8.5	10.5	11.3	7.7	10.7
Net profit TTM Cr	130.8	130.6	122.8	102.6	95.9	101.5	109.1	111.5	90.8
Basic EPS TTM Rs	51.7	51.6	48.6	40.6	37.9	40.1	43.2	44.1	35.9

Quarterly Operating Revenues Qtr Cr Analysis

Operating Revenues Qtr Cr growth is higher than historical averages.

Quarterly Net Profit Qtr Cr Analysis

Net Profit Qtr Cr growth is lower than historical averages.

Annual Results

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	TTM	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Total Revenue Annual Cr	2,196.2	2,161.8	1,893.6	1,340.1	929.6	1,100.0	1,151.0	900.8	1,161.7	1,330.4
Operating Revenues Annual Cr	2,186.6	2,155.1	1,873.3	1,338.7	928.7	1,098.6	1,149.8	866.3	1,132.9	1,318.3
Other Income Annual Cr	9.6	6.6	20.2	1.5	0.9	1.4	1.2	34.5	28.8	12.1
Operating Expenses Annual Cr	1,900.4	1,847.9	1,596.1	1,113.7	817.5	946.6	1,056.9	864.1	1,245.1	1,256.4
Operating Profit Annual in Cr	286.2	307.2	277.2	224.9	111.2	152.0	92.9	2.2	-112.2	61.9
Operating Profit Margin Annual %		14.21%	14.64%	16.78%	11.96%	13.82%	8.07%	0.24%	-9.65%	4.66%
Total Expenses Annual Cr		1,948.8	1,692.2	1,187.7	864.1	991.4	1,098.3	899.6	1,287.2	1,301.7
Other Expenses Annual Cr	419.6	403.4	407.4	375.4	169.2	177.6	168.7	131.1	125.1	117.3
Employee Expenses Annual Cr	114.2	112.0	100.3	84.9	40.0	35.5	28.7	33.4	29.6	26.8
Cost Of Power Purchased Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cost Of Fuel Annual Cr		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBIDT Annual Cr		313.9	297.5	226.4	112.1	153.4	94.1	36.7	-83.4	74.0
EBIDT margin Annual %		14.52%	15.71%	16.89%	12.06%	13.94%	8.18%	4.07%	-7.18%	5.56%
Other Income Annual Cr	9.6	6.6	20.2	1.5	0.9	1.4	1.2	34.5	28.8	12.1
Interest Annual Cr	40.0	43.3	47.1	37.5	33.0	32.2	25.5	19.4	25.6	28.7
Depreciation Cr	56.9	57.6	49.1	36.4	13.6	12.6	15.8	16.1	16.5	16.6
Profit Before Tax Annual Cr	198.8	213.0	201.3	152.5	65.5	106.8	31.9	-54.5	-125.5	28.7
Tax Annual Cr	26.8	30.2	41.2	35.6	14.4	23.2	-6.7	0.0	-34.9	5.7
PAT Before ExtraOrdinary Items Annual Cr		182.8	160.1	116.8	51.2	83.7	38.6	-54.5	-90.6	22.9
Minority Interest Income Annual Cr
Net Profit Annual Cr	171.1	181.9	159.2	116.1	50.6	83.7	38.6	-54.5	-90.6	22.9
Net Profit Margin Annual %		8.43%	8.49%	8.66%	5.44%	7.61%	3.35%	-6.29%	-7.99%	1.74%
Basic EPS Annual Rs		71.8	63.0	45.9	16.0	33.1	15.3	-21.6	-35.8	9.1

Annual Total Revenue Annual Cr Analysis

Total Revenue Annual Cr growth is stable compared to historical averages.

1 Year:: 2,161.76 Cr
3 Years:: 1,798.48 Cr
5 Years:: 1,485.01 Cr
7 Years:: 1,353.83 Cr

Annual Net Profit Annual Cr Analysis

Net Profit Annual Cr growth is lower than historical averages.

1 Year:: 181.89 Cr
3 Years:: 152.37 Cr
5 Years:: 118.28 Cr
7 Years:: 82.21 Cr

Annual ROE Annual % Analysis

ROE Annual % is stable compared to historical averages.

1 Year:: 23.71 %
3 Years:: 41.36 %
5 Years:: 51.98 %
7 Years:: 158.39 %


Indicator	TTM	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010	Mar-2009	Mar-2008
Total Revenue Annual Cr	1,332.7	1,302.6	1,423.1	1,426.2	1,030.8	1,258.7	1,358.6	1,070.2	1,026.6	1,053.2
Operating Revenues Annual Cr	1,331.1	1,301.1	1,418.6	1,424.5	994.6	1,226.2	1,345.3	1,040.2	1,004.8	1,031.6
Other Income Annual Cr	1.5	1.6	4.5	1.7	36.2	32.5	13.2	30.0	21.8	21.6
Operating Expenses Annual Cr	1,102.0	1,082.6	1,216.8	1,328.8	1,022.1	1,362.2	1,309.7	987.6	1,148.5	913.1
Operating Profit Annual in Cr	229.1	218.5	201.8	95.7	-27.5	-136.0	35.6	52.6	-143.7	118.5
Operating Profit Margin Annual %		16.77%	14.18%	6.71%	-2.66%	-10.8%	2.62%	4.92%	-13.99%	11.25%
Total Expenses Annual Cr		1,153.3	1,289.0	1,402.6	1,089.0	1,428.8	1,373.8	1,054.7	1,195.2	947.9
Other Expenses Annual Cr	426.8	369.1	362.8	347.5	242.1	206.3	157.3	75.5	67.5	68.5
Employee Expenses Annual Cr	76.0	72.3	62.1	50.0	50.6	44.6	35.9	31.7	20.0	23.6
Cost Of Power Purchased Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cost Of Fuel Annual Cr		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBIDT Annual Cr		220.1	206.3	97.4	8.7	-103.5	48.9	82.6	-121.9	140.1
EBIDT margin Annual %		16.9%	14.5%	6.83%	0.85%	-8.22%	3.6%	7.72%	-11.87%	13.3%
Other Income Annual Cr	1.5	1.6	4.5	1.7	36.2	32.5	13.2	30.0	21.8	21.6
Interest Annual Cr	33.9	37.8	41.3	42.7	38.7	39.6	37.7	42.0	30.4	19.2
Depreciation Cr	31.5	33.0	30.9	31.1	28.2	27.0	26.4	25.1	16.3	15.5
Profit Before Tax Annual Cr	165.3	149.3	132.3	2.8	-113.9	-170.1	-15.2	15.5	-168.6	105.3
Tax Annual Cr	34.5	26.0	23.2	-6.7	0.0	-34.9	5.7	5.1	-16.4	36.7
PAT Before ExtraOrdinary Items Annual Cr		123.3	109.1	9.5	-113.9	-135.2	-20.9	10.4	-152.2	68.6
Minority Interest Income Annual Cr	0.1	0.0	0.0	0.0	26.8	21.8	21.5	-16.3	-0.9	-0.5
Net Profit Annual Cr	130.8	122.8	109.1	9.5	-113.9	-135.2	-20.9	12.3	-150.6	68.6
Net Profit Margin Annual %		9.43%	7.69%	0.66%	-11.45%	-11.02%	-1.55%	1.17%	-14.98%	6.64%
Basic EPS Annual Rs		44.5	43.2	3.8	-34.5	-44.9	0.2	11.3	-59.2	27.3

Annual Total Revenue Annual Cr Analysis

Total Revenue Annual Cr growth is lower than historical averages.

1 Year:: 1,302.64 Cr
3 Years:: 1,383.99 Cr
5 Years:: 1,288.3 Cr
7 Years:: 1,267.18 Cr

Annual Net Profit Annual Cr Analysis

Net Profit Annual Cr growth is lower than historical averages.

1 Year:: 122.79 Cr
3 Years:: 80.47 Cr
5 Years:: -1.55 Cr
7 Years:: -2.35 Cr

Annual ROE Annual % Analysis

ROE Annual % is stable compared to historical averages.

1 Year:: 131.99 %
3 Years:: -248.16 %
5 Years:: -81.54 %
7 Years:: -52.36 %

Financial Ratios

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Book Value Per Share Annual Rs	273.1	141.8	81.9	48.3	35.1	2.2	-13.0	8.5	44.4
RoA Annual %	13.15%	14.14%	10.88%	6.61%	11.88%	5.65%	-7.43%	-13.63%	3.42%
ROE Annual %	23.71%	44.37%	56.01%	41.45%	94.34%	683.31%	165.52%	-419.62%	20.45%
ROCE Annual %	31.25%	43.43%	50.3%	17.19%	28.88%	22.16%	-34.3%	-51.99%	9.41%
Profitability Ratio
EBDIT Annual Margin %	14.56%	15.87%	16.91%	12.06%	13.96%	8.18%	4.23%	-7.35%	5.61%
EBIT Annual Margin %	11.88%	13.25%	14.19%	10.6%	12.81%	6.8%	2.37%	-8.81%	4.35%
PBT Annual Margin %	9.88%	10.74%	11.38%	7.05%	9.72%	2.77%	-6.29%	-11.07%	2.17%
Net Profit Margin Annual %	8.43%	8.49%	8.66%	5.44%	7.61%	3.35%	-6.29%	-7.99%	1.74%
Asset Turnover Annual %	155.88%	166.5%	125.61%	121.33%	156.02%	168.4%	118.13%	170.5%	196.5%
Liquidity Ratio
Current Ratio Annual	1.2	0.9	0.6	0.7	0.7	0.5	0.5	0.6	0.8
Quick Ratio Annual	0.7	0.5	0.4	0.6	0.6	0.4	0.2	0.3	0.3
Dividend Payout to NP Annual %	4.17%	3.97%	4.35%	9.99%	0.0%	0.0%	0.0%	0.0%	0.0%
Dividend Payout CP Annual %	3.16%	3.03%	3.31%	7.87%	0.0%	0.0%	0.0%	0.0%	0.0%
Earning Retention Annual %	95.83%	96.03%	95.65%	90.01%	100.0%	100.0%	0.0%	0.0%	100.0%
Cash Earning Retention Annual %	96.84%	96.97%	96.69%	92.13%	100.0%	100.0%	0.0%	0.0%	100.0%
Valuation Ratio
EnterpriseValue Annual Cr	1,832.3	2,282.6	1,811.3	531.6	545.3	412.4	501.6	616.8	593.0
EV Per Net Sales Annual	0.9	1.2	1.4	0.6	0.5	0.4	0.6	0.5	0.4
Price To Book Value Annual	2.4	5.2	7.2	2.0	3.4	23.2	-3.3	7.7	2.6
EV Per EBITDA Annual	5.8	7.7	8.0	4.7	3.6	4.4	13.7	-7.4	8.0
Market Cap Per Sales Annual	0.8	1.0	1.1	0.3	0.3	0.1	0.1	0.1	0.2
Retention Ratio Annual %	95.82%	96.02%	95.64%	90.0%	100.0%	100.0%	0.0%	0.0%	100.0%
Earnings Yield Annual	0.1	0.1	0.1	0.2	0.3	0.3	-0.5	-0.5	0.1
Cash Earning Retention Annual %	96.84%	96.97%	96.69%	92.13%	100.0%	100.0%	0.0%	0.0%	100.0%
Total Debt to Total Equity Annual	0.1	1.2	1.6	1.5	1.6	35.1	-8.9	19.5	2.7

Annual Book Value Per Share Annual Rs Analysis

Book Value Per Share Annual Rs growth is stable compared to historical averages.

1 Year:: 273.13 Rs
3 Years:: 165.63 Rs
5 Years:: 116.05 Rs
7 Years:: 81.35 Rs

Annual RoA Annual % Analysis

RoA Annual % is growing slower than historical averages.

1 Year:: 13.15 %
3 Years:: 12.72 %
5 Years:: 11.33 %
7 Years:: 7.84 %


Indicator	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010	Mar-2009	Mar-2008
Book Value Per Share Annual Rs	36.8	-5.0	-47.4	-51.1	-6.1	40.1	38.8	30.7	78.6
RoA Annual %	14.24%	14.98%	1.28%	-10.2%	-13.85%	0.07%	3.63%	-22.11%	11.53%
ROE Annual %	131.99%	-868.55%	-7.91%	67.4%	269.36%	0.8%	40.36%	-354.69%	36.0%
ROCE Annual %	44.21%	49.66%	8.23%	-54.0%	-49.69%	0.18%	7.65%	-49.15%	22.76%
Profitability Ratio
EBDIT Annual Margin %	16.91%	14.54%	6.83%	0.87%	-8.44%	3.63%	7.94%	-12.13%	13.58%
EBIT Annual Margin %	14.38%	12.36%	4.65%	-1.95%	-10.63%	1.66%	5.53%	-13.75%	12.07%
PBT Annual Margin %	11.47%	9.32%	0.19%	-11.45%	-13.87%	-1.12%	1.49%	-16.77%	10.2%
Net Profit Margin Annual %	9.43%	7.69%	0.66%	-11.45%	-11.02%	-1.55%	1.17%	-14.98%	6.64%
Asset Turnover Annual %	150.97%	194.78%	193.75%	116.49%	149.71%	165.07%	132.18%	148.45%	172.24%
Liquidity Ratio
Current Ratio Annual	0.6	0.5	0.5	0.5	0.6	0.8	0.9	0.7	1.1
Quick Ratio Annual	0.4	0.3	0.3	0.2	0.3	0.3	0.3	0.3	0.5
Dividend Payout to NP Annual %	6.92%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	25.61%
Dividend Payout CP Annual %	5.45%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	20.91%
Earning Retention Annual %	93.08%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	74.39%
Cash Earning Retention Annual %	94.55%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	79.09%
Valuation Ratio
EnterpriseValue Annual Cr	550.8	573.0	475.8	631.8	742.3	688.8	700.4	623.1	421.6
EV Per Net Sales Annual	0.4	0.4	0.3	0.6	0.6	0.5	0.7	0.6	0.4
Price To Book Value Annual	2.6	-24.1	-1.1	-0.8	-4.0	4.2	5.1	3.0	1.8
EV Per EBITDA Annual	2.5	2.8	4.9	72.3	-7.2	14.1	8.5	-5.1	3.0
Market Cap Per Sales Annual	0.2	0.2	0.1	0.1	0.1	0.2	0.3	0.1	0.3
Retention Ratio Annual %	93.07%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	74.38%
Earnings Yield Annual	0.5	0.4	0.1	-0.8	-0.7	0.0	0.1	-1.2	0.2
Cash Earning Retention Annual %	94.55%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	79.09%
Total Debt to Total Equity Annual	2.2	-13.9	-2.2	-3.3	-12.6	5.2	4.7	11.5	0.4

Annual Book Value Per Share Annual Rs Analysis

Book Value Per Share Annual Rs growth is higher than historical averages.

1 Year:: 36.79 Rs
3 Years:: -5.18 Rs
5 Years:: -14.54 Rs
7 Years:: 0.88 Rs

Annual RoA Annual % Analysis

RoA Annual % is growing slower than historical averages.

1 Year:: 14.24 %
3 Years:: 10.17 %
5 Years:: 1.29 %
7 Years:: 1.45 %

Balance Sheet

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Total ShareHolders Funds Annual Cr	767.1	358.7	207.2	322.1	188.7	105.6	67.0	121.6	112.2
Equity Share Capital Annual Cr	28.1	25.3	25.3	25.3	25.3	25.3	25.3	25.3	25.3
Total Share Capital Annual Cr	28.1	25.3	25.3	125.3	125.3	125.3	125.3	125.3	25.3
Reserves Plus Surplus Annual Cr	739.0	333.4	181.9	96.8	63.4	-19.6	-58.2	-3.7	86.9
Total Reserves Plus Surplus Annual Cr	739.0	333.4	181.9	96.8	63.4	-19.6	-58.2	-3.7	86.9
Minority Interest Liability Annual Cr
Total Non Current Liabilities Annual Cr	52.7	213.2	170.4	72.3	100.9	68.5	92.0	52.7	131.5
Deferred Tax Liabilities Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	6.7	6.7	6.7
Other LongTerm Liabilities Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Liabilities Annual Cr	562.7	553.2	688.1	471.1	414.5	508.6	574.3	490.2	427.1
Trade Payables Annual Cr	481.1	208.2	170.7	197.1	240.4	263.6	253.6	75.9	157.8
Other Current Liabilities Annual Cr	75.5	123.3	308.8	113.3	109.6	105.7	105.1	29.1	68.4
Short Term Provisions Annual Cr	5.4	3.9	35.3	38.1	12.7	1.0	0.9	3.1	23.0
Total Capital Plus Liabilities Annual Cr	1,382.5	1,125.1	1,065.7	765.4	704.1	682.8	733.3	664.5	670.9
Fixed Assets Annual Cr	661.1	609.8	623.3	230.2	200.6	229.2	266.2	214.1	209.7
Tangible Assets Annual Cr	629.5	585.4	589.5	186.9	199.7	225.2	151.5	187.7	204.3
Intangible Assets Annual Cr	0.1	0.2	0.2	0.3	0.4	0.6	0.7	0.0	0.0
Capital Work In Progress Annual Cr	31.5	24.2	33.5	43.0	0.4	3.5	114.0	26.4	5.4
Total Non Current Assets Annual Cr	701.0	631.1	642.9	416.4	396.3	414.4	422.3	389.5	320.0
Non Current Investments Annual Cr	0.0	0.0	0.0	133.8	133.8	133.8	98.8	91.8	74.0
Deferred Tax Assets Annual Cr	19.8	3.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long Term Loans Plus Advances Annual Cr	0.0	0.0	0.0	52.4	61.8	51.2	57.1	83.6	36.4
Other Non Current Assets Annual Cr	20.2	18.3	19.6	0.1	0.2	0.1	0.2	0.0	0.0
Total Current Assets Annual Cr	681.5	494.0	422.8	349.0	307.8	268.4	311.0	275.0	350.9
Current Investments Annual Cr	0.0	10.0	0.0	0.0	0.0	0.0	0.0	10.0	0.0
Trade Receivables Annual Cr	277.8	214.7	187.9	242.9	215.1	152.2	121.2	38.0	93.5
Cash Plus Cash Equivalents Annual Cr	28.8	3.2	2.2	0.1	2.3	17.1	1.8	72.0	2.0
Short Term Loans Plus Advances Annual Cr	0.0	0.0	0.0	23.0	16.6	15.3	17.8	12.3	19.8
Other Current Assets Annual Cr	59.8	67.4	72.5	3.1	1.6	1.6	2.7	5.8	0.1
Total Assets Annual Cr	1,382.5	1,125.1	1,065.7	765.4	704.1	682.8	733.3	664.5	670.9
Contingent Liabilities plus Commitments Annual Cr	147.2	150.9	116.3	211.5	341.3	244.5	140.9	230.6	148.9
Bonus Equity Share Capital Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Non Current Investments Unquoted BookValue Annual Cr	0.0	0.0	0.0	133.8	133.8	133.8	98.8	91.8	74.0
Current Investments Unquoted BookValue Annual Cr	0.0	10.0	0.0	0.0	0.0	0.0	0.0	10.0	0.0

Annual Long Term Debt To Equity Annual Analysis

Long Term Debt To Equity Annual growth is lower than historical averages.

1 Year:: 0.05
3 Years:: 0.46
5 Years:: 0.59
7 Years:: 1.59

Annual Total Assets Annual Cr Analysis

Total Assets Annual Cr growth is higher than historical averages.

1 Year:: 1,382.49 Cr
3 Years:: 1,191.09 Cr
5 Years:: 1,008.57 Cr
7 Years:: 922.7 Cr


Indicator	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010	Mar-2009	Mar-2008
Total ShareHolders Funds Annual Cr	193.0	87.4	-19.8	-29.2	57.9	71.3	70.8	42.2	191.9
Equity Share Capital Annual Cr	25.3	25.3	25.3	25.3	25.3	25.3	25.3	25.3	25.3
Total Share Capital Annual Cr	125.3	125.3	125.3	125.3	125.3	25.3	25.3	25.3	25.3
Reserves Plus Surplus Annual Cr	67.7	-37.9	-145.1	-154.5	-67.4	46.1	45.5	16.9	166.6
Total Reserves Plus Surplus Annual Cr	67.7	-37.9	-145.1	-154.5	-67.4	46.1	45.5	16.9	166.6
Minority Interest Liability Annual Cr	0.0	0.0	0.0	0.0	26.8	30.1	27.3	35.3

Analyst Rating

No of reports

0

No upgrades

0

No downgrades

0

PEG TTM Price to Earnings Growth

1.21

Operating Revenues Qtr Cr s

499.03 Cr

Net Profit Qtr Cr s

19.62 Cr

RSI

59.26

MFI

84.86

MACD

8.73

MACD signal

2.77

SMA 30

521.46

SMA 50

534.17

SMA 100

569.05

SMA 200

598.04

Promoter holding %

55.06

FII holding %

1.77

MF holding %

13.58

Institutional holding %

17.51

Peer Group

Write Query

Quarterly Results

Quarterly Operating Revenues Qtr Cr Analysis

Quarterly Net Profit Qtr Cr Analysis

Quarterly Operating Revenues Qtr Cr Analysis

Quarterly Net Profit Qtr Cr Analysis

Annual Results

Annual Total Revenue Annual Cr Analysis

Average Total Revenue Annual Cr

Annual Net Profit Annual Cr Analysis

Average Net Profit Annual Cr

Annual ROE Annual % Analysis

Average ROE Annual %

Annual Total Revenue Annual Cr Analysis

Average Total Revenue Annual Cr

Annual Net Profit Annual Cr Analysis

Average Net Profit Annual Cr

Annual ROE Annual % Analysis

Average ROE Annual %

Financial Ratios

Annual Book Value Per Share Annual Rs Analysis

Average Book Value Per Share Annual Rs

Annual RoA Annual % Analysis

Average RoA Annual %

Annual Book Value Per Share Annual Rs Analysis

Average Book Value Per Share Annual Rs

Annual RoA Annual % Analysis

Average RoA Annual %

Balance Sheet

Annual Long Term Debt To Equity Annual Analysis

Average Long Term Debt To Equity Annual

Annual Total Assets Annual Cr Analysis

Average Total Assets Annual Cr