BEML 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 %	Revenue Qtr Cr	Revenue Growth Qtr YoY	Price to Book Value
BEML Ltd.	775.55	36.31	3229.74	1.03	44.70	53.29	923.85	26.29	1.47
Tata Motors Ltd. Market Leader	164.70	-1.95	55933.77	0.00	-26823.22	12.36	77000.89	3.84	0.58
Ashok Leyland Ltd. Market Runner Up	81.05	12.67	23792.23	3.00	380.84	27.76	6325.24	-11.08	3.32
Escorts Ltd.	658.85	16.96	8075.98	0.30	140.11	114.86	1655.06	37.35	3.17
VST Tillers Tractors..	1439.05	18.45	1243.34	3.47	10.11	35.39	145.98	-11.89	2.08
Garden Reach Shipbui..	81.00	7.19	927.87	0.00	44.91	657.14	488.59	116.21	0.91
SML Isuzu Ltd.	543.00	63.20	786.26	0.28	-14.80	-86.51	231.58	4.57	1.98
Titagarh Wagons Ltd.	61.40	89.17	709.34	0.49	5.90	-84.88	216.30	148.17	0.80

All values except ratios in INR(Crores)


Indicator	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017	Mar-2017	Dec-2016
Revenue Qtr Cr	923.9	734.0	454.7	1,252.6	731.5	689.6	631.7	1,316.0	719.5
Operating Expenses Qtr Cr	848.6	689.2	591.7	1,013.1	690.0	655.9	695.2	1,116.4	685.6
Operating Profit Qtr Cr	75.3	44.8	-137.0	239.5	41.6	33.7	-63.5	199.6	33.9
Operating Profit Margin Qtr %	8.15%	6.1%	-30.13%	19.12%	5.68%	4.89%	-10.06%	15.16%	4.71%
Other Income Qtr Cr	5.2	4.2	4.7	11.8	4.2	3.8	5.1	29.7	18.7
Depreciation Qtr Cr	17.5	17.8	17.0	16.5	16.4	15.9	15.4	14.4	17.7
Interest Qtr Cr	18.3	14.3	11.0	12.7	12.7	11.4	11.3	14.6	13.1
Profit Before Tax Qtr Cr	44.7	16.9	-160.3	222.0	16.7	10.2	-85.1	200.3	21.7
Tax Qtr Cr	0.0	0.0	0.0	34.4	0.0	0.0	0.0	13.8	0.0
Net Profit Qtr Cr	44.7	16.9	-160.3	187.7	16.7	10.2	-85.1	186.4	21.7
Basic EPS Qtr Rs	10.7	4.1	-38.5	45.1	4.0	2.5	-20.4	44.8	5.2
Net profit TTM Cr	88.9	60.9	54.2	129.4	128.2	133.2	106.4	84.4	52.6
Basic EPS TTM Rs	21.4	14.6	13.0	31.1	30.8	32.0	25.6	20.2	12.6

Quarterly Revenue Qtr Cr Analysis

Revenue Qtr Cr growth is higher than historical averages.

Quarterly Net Profit Qtr Cr Analysis

Net Profit Qtr Cr growth is higher than historical averages.


Indicator	Graph
Revenue Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Operating Profit Margin Qtr %
Other Income Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Profit Before Tax Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
Basic EPS Qtr Rs
Net profit TTM Cr
Basic EPS TTM Rs

Annual Results

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	TTM	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010
Total Revenue Annual Cr	3,365.2	3,270.4	2,561.3	3,022.7	2,868.7	2,974.9	2,912.5	2,771.6	2,855.0	2,918.7
Operating Expenses Annual Cr	3,142.6	2,994.3	2,353.2	2,855.3	2,739.5	2,798.4	2,855.4	2,603.3	2,548.8	2,556.2
Operating Profit Annual in Cr	222.6	251.2	145.6	128.4	69.6	113.2	-46.5	123.2	103.5	299.7
Operating Profit Margin Annual %		7.68%	5.69%	4.25%	2.43%	3.8%	-1.6%	4.44%	3.62%	10.27%
Total Expenses Annual Cr		3,106.7	2,463.0	2,957.6	2,862.2	2,962.4	3,046.7	2,735.7	2,643.7	2,637.3
Other Expenses Annual Cr	449.7	441.7	351.8	366.5	387.5	367.2	461.7	471.2	354.8	273.6
Employee Expenses Annual Cr	798.7	808.5	780.7	767.9	769.1	716.8	739.4	721.7	683.1	555.1
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	248.4	276.1	208.1	167.4	129.2	176.6	57.1	168.2	306.2	362.5
EBIDT margin Annual %		8.44%	8.12%	5.54%	4.5%	5.93%	1.96%	6.07%	10.73%	12.42%
Other Income Annual Cr	25.9	24.9	62.4	39.0	59.5	63.4	103.6	45.1	202.8	62.9
Interest Annual Cr	56.4	48.1	47.8	49.0	70.5	110.5	141.0	88.4	61.3	48.9
Depreciation Cr	68.8	64.2	62.0	53.2	52.1	53.6	50.2	43.9	33.6	32.2
Profit Before Tax Annual Cr	123.3	163.8	98.3	65.2	6.6	28.4	-124.1	64.7	211.3	281.4
Tax Annual Cr	34.4	34.3	13.8	11.6	0.2	4.4	-42.5	9.2	37.0	99.2
PAT Before ExtraOrdinary Items Annual Cr		129.4	84.4	53.5	6.5	24.0	-81.6	55.5	174.3	182.1
Minority Interest Income Annual Cr
Net Profit Annual Cr	88.9	129.4	84.4	52.7	6.8	4.7	-79.9	57.2	149.8	222.8
Net Profit Margin Annual %		3.98%	3.37%	1.76%	0.24%	0.16%	-2.84%	2.09%	5.64%	7.8%
Basic EPS Annual Rs		31.1	20.3	12.6	1.6	1.1	-19.2	13.8	36.0	53.3

Annual Total Revenue Annual Cr Analysis

Total Revenue Annual Cr growth is higher than historical averages.

1 Year:: 3,270.45 Cr
3 Years:: 2,951.48 Cr
5 Years:: 2,939.61 Cr
7 Years:: 2,911.73 Cr

Annual Net Profit Annual Cr Analysis

Net Profit Annual Cr growth is stable compared to historical averages.

1 Year:: 129.45 Cr
3 Years:: 88.85 Cr
5 Years:: 55.6 Cr
7 Years:: 36.48 Cr

Annual ROE Annual % Analysis

ROE Annual % is stable compared to historical averages.

1 Year:: 5.88 %
3 Years:: 4.08 %
5 Years:: 2.56 %
7 Years:: 1.65 %


Indicator	TTM	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010
Total Revenue Annual Cr	0.0	3,323.7	2,892.1	3,319.9	2,861.8	2,967.4	2,905.6	2,760.3	2,846.7	2,909.2
Operating Expenses Annual Cr	0.0	3,046.0	2,682.9	3,135.5	2,732.1	2,789.0	2,849.9	2,591.0	2,541.8	2,542.8
Operating Profit Annual in Cr	0.0	252.7	146.5	142.1	70.0	114.7	-48.6	124.0	102.0	303.4
Operating Profit Margin Annual %		7.6%	5.07%	4.28%	2.45%	3.87%	-1.67%	4.49%	3.58%	10.43%
Total Expenses Annual Cr		3,159.7	2,793.8	3,241.3	2,855.8	2,954.0	3,042.4	2,724.8	2,638.2	2,624.9
Other Expenses Annual Cr	0.0	508.3	692.7	672.7	392.8	372.5	466.7	480.8	363.4	297.0
Employee Expenses Annual Cr	0.0	813.2	785.1	759.5	775.0	722.7	745.2	728.4	688.8	561.0
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	0.0	277.8	209.1	184.4	129.7	178.4	55.7	169.2	304.9	366.4
EBIDT margin Annual %		8.36%	7.23%	5.56%	4.53%	6.01%	1.92%	6.13%	10.71%	12.59%
Other Income Annual Cr	0.0	25.0	62.6	42.3	59.7	63.7	104.3	45.2	202.9	63.0
Interest Annual Cr	0.0	48.3	48.0	49.3	70.8	110.7	141.5	89.1	62.0	49.3
Depreciation Cr	0.0	65.4	62.8	56.6	53.0	54.3	51.0	44.7	34.4	32.7
Profit Before Tax Annual Cr	0.0	164.1	98.3	78.6	6.1	29.3	-126.7	64.3	208.5	284.3
Tax Annual Cr	0.0	34.4	13.5	14.2	-0.5	3.9	-42.0	9.0	37.1	100.4
PAT Before ExtraOrdinary Items Annual Cr		129.7	84.8	64.4	6.6	25.4	-84.6	55.2	171.4	183.9
Minority Interest Income Annual Cr	0.0	-0.0	-0.0	-0.0	0.0	0.0	0.1	-0.0	0.1	0.1
Net Profit Annual Cr	0.0	129.7	84.8	64.4	5.9	6.1	-83.4	56.9	146.9	224.6
Net Profit Margin Annual %		3.93%	2.99%	1.96%	0.21%	0.2%	-2.97%	2.09%	5.55%	7.88%
Basic EPS Annual Rs		31.1	20.4	15.5	1.4	1.5	-20.0	13.7	35.3	53.7

Annual Total Revenue Annual Cr Analysis

Total Revenue Annual Cr growth is higher than historical averages.

1 Year:: 3,323.75 Cr
3 Years:: 3,178.56 Cr
5 Years:: 3,072.97 Cr
7 Years:: 3,004.38 Cr

Annual Net Profit Annual Cr Analysis

Net Profit Annual Cr growth is stable compared to historical averages.

1 Year:: 129.68 Cr
3 Years:: 92.95 Cr
5 Years:: 58.17 Cr
7 Years:: 37.77 Cr

Annual ROE Annual % Analysis

ROE Annual % is stable compared to historical averages.

1 Year:: 5.89 %
3 Years:: 4.26 %
5 Years:: 2.67 %
7 Years:: 1.71 %

Financial Ratios

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010
Book Value Per Share Annual Rs	526.7	522.3	505.0	497.2	497.9	497.9	520.0	512.1	487.8
RoA Annual %	2.76%	1.79%	1.21%	0.14%	0.09%	-1.53%	1.15%	3.52%	5.02%
ROE Annual %	5.88%	3.87%	2.49%	0.32%	0.22%	-3.83%	2.63%	7.0%	10.93%
ROCE Annual %	7.05%	4.85%	1.75%	0.22%	0.15%	-2.54%	1.93%	6.17%	10.75%
Profitability Ratio
EBDIT Annual Margin %	8.5%	8.32%	5.61%	4.59%	6.06%	2.03%	6.17%	11.54%	12.69%
EBIT Annual Margin %	6.52%	5.84%	3.82%	2.74%	4.22%	0.24%	4.55%	10.27%	11.56%
PBT Annual Margin %	5.04%	3.93%	2.18%	0.23%	0.97%	-4.41%	2.37%	7.96%	9.85%
Net Profit Margin Annual %	3.98%	3.37%	1.76%	0.24%	0.16%	-2.84%	2.09%	5.64%	7.8%
Asset Turnover Annual %	69.42%	53.22%	69.02%	61.19%	61.15%	53.86%	55.24%	62.48%	64.41%
Liquidity Ratio
Current Ratio Annual	2.2	2.3	2.5	2.2	2.2	2.0	2.0	1.9	1.7
Quick Ratio Annual	1.2	1.1	1.2	1.0	0.9	0.8	0.8	0.9	1.0
Dividend Payout to NP Annual %	25.73%	0.0%	31.63%	61.64%	89.02%	-13.03%	36.37%	27.8%	18.68%
Dividend Payout CP Annual %	17.2%	0.0%	15.73%	7.07%	7.15%	-35.14%	20.58%	22.7%	16.32%
Earning Retention Annual %	74.27%	0.0%	68.37%	38.36%	10.98%	113.03%	63.63%	72.2%	81.32%
Cash Earning Retention Annual %	82.8%	0.0%	84.27%	92.93%	92.85%	135.14%	79.42%	77.3%	83.68%
Valuation Ratio
EnterpriseValue Annual Cr	4,798.8	6,093.3	4,772.0	5,010.4	2,106.5	1,746.2	3,471.9	3,615.1	4,736.0
EV Per Net Sales Annual	1.5	2.4	1.6	1.8	0.7	0.6	1.3	1.4	1.7
Price To Book Value Annual	2.0	2.6	2.1	2.2	0.6	0.3	1.3	1.3	2.2
EV Per EBITDA Annual	17.4	29.3	28.5	38.8	11.9	30.6	20.6	11.8	13.1
Market Cap Per Sales Annual	1.3	2.3	1.5	1.6	0.4	0.2	1.0	1.1	1.5
Retention Ratio Annual %	74.26%	0.0%	68.36%	38.35%	10.97%	113.03%	63.62%	72.19%	81.31%
Earnings Yield Annual	0.0	0.0	0.0	0.0	0.0	-0.1	0.0	0.1	0.1
Cash Earning Retention Annual %	82.8%	0.0%	84.27%	92.93%	92.85%	135.14%	79.42%	77.3%	83.68%
Total Debt to Total Equity Annual	0.2	0.2	0.2	0.3	0.4	0.6	0.4	0.4	0.4

Annual Book Value Per Share Annual Rs Analysis

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

1 Year:: 526.72 Rs
3 Years:: 517.98 Rs
5 Years:: 509.8 Rs
7 Years:: 509.56 Rs

Annual RoA Annual % Analysis

RoA Annual % is stable compared to historical averages.

1 Year:: 2.76 %
3 Years:: 1.92 %
5 Years:: 1.2 %
7 Years:: 0.8 %


Indicator	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010
Book Value Per Share Annual Rs	527.0	522.5	509.8	497.2	498.2	497.9	520.8	513.0	489.2
RoA Annual %	2.76%	1.8%	1.47%	0.12%	0.12%	-1.59%	1.15%	3.44%	5.04%
ROE Annual %	5.89%	3.88%	3.02%	0.28%	0.29%	-4.0%	2.61%	6.85%	10.98%
ROCE Annual %	7.06%	4.86%	2.13%	0.19%	0.19%	-2.65%	1.92%	6.04%	10.0%
Profitability Ratio
EBDIT Annual Margin %	8.42%	7.39%	5.62%	4.63%	6.14%	1.98%	6.23%	11.53%	12.87%
EBIT Annual Margin %	6.43%	5.17%	3.9%	2.73%	4.27%	0.16%	4.58%	10.23%	11.72%
PBT Annual Margin %	4.97%	3.47%	2.39%	0.21%	1.0%	-4.52%	2.36%	7.88%	9.99%
Net Profit Margin Annual %	3.93%	2.99%	1.96%	0.21%	0.2%	-2.97%	2.09%	5.55%	7.88%
Asset Turnover Annual %	70.4%	60.12%	74.97%	60.93%	60.87%	53.64%	54.86%	62.03%	63.94%
Liquidity Ratio
Current Ratio Annual	2.2	2.3	2.5	2.2	2.2	2.0	2.0	1.9	1.8
Quick Ratio Annual	1.2	1.1	1.2	1.0	0.9	0.8	0.8	0.8	1.1
Dividend Payout to NP Annual %	25.69%	19.65%	6.46%	70.22%	68.25%	-12.49%	36.58%	28.34%	18.64%
Dividend Payout CP Annual %	17.07%	11.28%	3.44%	7.06%	6.89%	-32.26%	20.49%	22.96%	15.87%
Earning Retention Annual %	74.31%	80.35%	93.54%	29.78%	31.75%	112.49%	63.42%	71.66%	81.36%
Cash Earning Retention Annual %	82.93%	88.72%	96.56%	92.94%	93.11%	132.26%	79.51%	77.04%	84.13%
Valuation Ratio
EnterpriseValue Annual Cr	4,799.3	6,094.8	4,781.4	5,011.7	2,107.2	1,746.4	3,472.2	3,618.5	4,743.7
EV Per Net Sales Annual	1.5	2.2	1.5	1.8	0.7	0.6	1.3	1.4	1.7
Price To Book Value Annual	2.0	2.6	2.0	2.2	0.6	0.3	1.3	1.3	2.2
EV Per EBITDA Annual	17.3	29.1	25.9	38.6	11.8	31.4	20.5	11.9	12.9
Market Cap Per Sales Annual	1.3	2.0	1.3	1.6	0.4	0.2	1.0	1.1	1.5
Retention Ratio Annual %	74.3%	80.34%	93.53%	29.77%	31.74%	112.49%	63.41%	71.65%	81.35%
Earnings Yield Annual	0.0	0.0	0.0	0.0	0.0	-0.1	0.0	0.1	0.1
Cash Earning Retention Annual %	82.93%	88.72%	96.56%	92.94%	93.11%	132.26%	79.51%	77.04%	84.13%
Total Debt to Total Equity Annual	0.2	0.2	0.2	0.3	0.4	0.6	0.4	0.4	0.4

Annual Book Value Per Share Annual Rs Analysis

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

1 Year:: 526.98 Rs
3 Years:: 519.77 Rs
5 Years:: 510.94 Rs
7 Years:: 510.5 Rs

Annual RoA Annual % Analysis

RoA Annual % is stable compared to historical averages.

1 Year:: 2.76 %
3 Years:: 2.01 %
5 Years:: 1.25 %
7 Years:: 0.83 %

Balance Sheet

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010
Total ShareHolders Funds Annual Cr	2,200.2	2,181.6	2,109.4	2,076.8	2,079.8	2,080.0	2,172.1	2,139.0	2,037.8
Equity Share Capital Annual Cr	41.8	41.8	41.8	41.8	41.8	41.8	41.8	41.8	41.8
Total Share Capital Annual Cr	41.8	41.8	41.8	41.8	41.8	41.8	41.8	41.8	41.8
Reserves Plus Surplus Annual Cr	2,158.5	2,139.8	2,067.6	2,035.0	2,038.1	2,038.3	2,130.3	2,097.3	1,996.1
Total Reserves Plus Surplus Annual Cr	2,158.5	2,139.8	2,067.6	2,035.0	2,038.1	2,038.3	2,130.3	2,097.3	1,996.1
Minority Interest Liability Annual Cr
Total Non Current Liabilities Annual Cr	804.6	827.8	887.3	895.3	980.5	1,053.3	785.9	285.2	33.6
Deferred Tax Liabilities Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	33.6
Other LongTerm Liabilities Annual Cr	333.7	342.3	364.0	317.0	379.4	406.0	417.1	82.0	0.0
Total Current Liabilities Annual Cr	1,669.8	1,685.1	1,326.3	1,618.9	1,700.5	2,081.8	1,977.1	1,820.5	2,361.7
Trade Payables Annual Cr	535.2	496.8	408.2	543.3	385.8	489.6	474.8	440.1	450.6
Other Current Liabilities Annual Cr	663.0	926.0	617.5	771.4	758.9	680.9	609.2	465.1	441.7
Short Term Provisions Annual Cr	336.7	149.4	155.2	126.0	116.4	195.1	197.9	243.8	560.9
Total Capital Plus Liabilities Annual Cr	4,674.7	4,694.4	4,323.0	4,590.9	4,760.8	5,215.1	4,935.1	4,244.8	4,433.2
Fixed Assets Annual Cr	650.9	650.3	644.1	660.4	671.6	672.5	553.1	469.0	306.1
Tangible Assets Annual Cr	530.8	518.4	523.1	454.6	477.8	502.5	501.7	362.5	273.9
Intangible Assets Annual Cr	52.0	52.4	17.2	14.2	20.9	28.2	27.5	27.0	0.0
Capital Work In Progress Annual Cr	68.0	79.4	58.8	149.9	135.3	113.2	23.9	79.5	32.2
Total Non Current Assets Annual Cr	927.0	882.7	982.7	1,002.3	1,076.1	1,065.8	906.5	800.3	383.6
Non Current Investments Annual Cr	2.6	2.6	2.6	2.6	2.6	2.6	4.4	8.2	8.2
Deferred Tax Assets Annual Cr	138.3	111.2	103.5	101.4	100.1	105.2	62.8	46.0	67.8
Long Term Loans Plus Advances Annual Cr	8.6	16.8	228.2	233.9	297.6	283.0	281.0	271.2	0.0
Other Non Current Assets Annual Cr	126.7	101.8	4.3	4.1	4.3	2.5	5.2	5.8	1.5
Total Current Assets Annual Cr	3,747.6	3,811.7	3,340.3	3,588.6	3,684.7	4,149.4	4,028.6	3,444.5	4,049.6
Current Investments Annual Cr	0.4	0.5	0.6	0.8	1.3	1.6	0.0	0.0	0.0
Trade Receivables Annual Cr	1,642.2	1,430.4	1,208.1	991.7	977.4	861.5	792.5	1,168.0	1,360.7
Cash Plus Cash Equivalents Annual Cr	2.3	14.0	65.6	144.7	16.2	76.9	192.5	48.3	567.2
Short Term Loans Plus Advances Annual Cr	8.2	8.2	206.8	166.3	234.4	386.1	407.4	218.9	462.0
Other Current Assets Annual Cr	294.9	384.2	162.9	363.8	303.4	367.0	215.6	120.4	6.7
Total Assets Annual Cr	4,674.7	4,694.4	4,323.0	4,590.9	4,760.8	5,215.1	4,935.1	4,244.8	4,433.2
Contingent Liabilities plus Commitments Annual Cr	938.6	825.9	1,138.6	1,021.0	911.8	149.0	1,295.0	833.9	206.5
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	2.6	2.6	2.6	2.6	2.6	2.6	4.4	8.2	8.2
Current Investments Unquoted BookValue Annual Cr	0.4	0.5	1.9	1.9	1.3	1.6	0.0	0.0	0.0

Annual Long Term Debt To Equity Annual Analysis

Long Term Debt To Equity Annual growth is stable compared to historical averages.

1 Year:: 0.14
3 Years:: 0.15
5 Years:: 0.18
7 Years:: 0.18

Annual Total Assets Annual Cr Analysis

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

1 Year:: 4,674.67 Cr
3 Years:: 4,564.01 Cr
5 Years:: 4,608.76 Cr
7 Years:: 4,742.0 Cr


Indicator	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010
Total ShareHolders Funds Annual Cr	2,201.1	2,182.4	2,129.4	2,076.7	2,081.0	2,079.8	2,175.3	2,142.4	2,043.3
Equity Share Capital Annual Cr	41.8	41.8	41.8	41.8	41.8	41.8	41.8	41.8	41.8
Total Share Capital Annual Cr	41.8	41.8	41.8	41.8	41.8	41.8	41.8	41.8	41.8
Reserves Plus Surplus Annual Cr	2,159.3	2,140.6	2,087.7	2,035.0	2,039.3	2,038.0	2,133.6	2,100.6	2,001.5
Total Reserves Plus Surplus Annual Cr	2,159.3	2,140.6	2,087.7	2,035.0	2,039.3	2,038.0	2,133.6	2,100.6	2,001.5
Minority Interest Liability Annual Cr	0.2	0.2	0.2	0.2	0.2	0.2	0.3	0.3	0.3
Total Non Current Liabilities Annual Cr	804.6	827.8	886.3	895.3	980.5	1,053.3	785.9	287.1	199.7
Deferred Tax Liabilities Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	35.1
Other LongTerm Liabilities Annual Cr	333.7	342.3	363.0	317.0	379.4	406.0	417.1	82.0	0.0
Total Current Liabilities Annual Cr	1,679.6	1,695.2	1,355.9	1,626.2	1,708.1	2,088.7	1,987.0	1,831.9	2,207.7
Trade Payables Annual Cr	540.1	501.2	414.9	545.9	388.7	492.6	478.0	444.0	432.7
Other Current Liabilities Annual Cr	663.9	927.5	649.4	772.3	759.8	681.7	612.7	469.8	462.7
Short Term Provisions Annual Cr	339.9	151.9	136.1	127.8	118.2	196.7	199.2	245.2	561.0
Total Capital Plus Liabilities Annual Cr	4,685.5	4,705.6	4,371.8	4,598.4	4,769.7	5,222.0	4,948.6	4,261.7	4,451.0
Fixed Assets Annual Cr	662.7	662.8	661.2	673.9	686.1	682.4	563.8	480.4	318.0
Tangible Assets Annual Cr	542.6	530.9	540.1	468.0	492.3	512.4	512.3	373.9	285.7
Intangible Assets Annual Cr	52.0	52.4	17.2	14.2	20.9	28.2	27.5	27.0	0.0
Capital Work In Progress Annual Cr	68.1	79.4	58.8	149.9	135.3	113.2	24.0	79.6	32.3
Total Non Current Assets Annual Cr	930.5	886.7	994.1	1,007.5	1,083.0	1,073.5	913.6	809.8	393.0
Non Current Investments Annual Cr	0.0	0.0	0.0	0.0	0.0	0.1	0.1	5.4	5.7
Deferred Tax Assets Annual Cr	138.5	111.3	103.5	101.0	99.2	103.9	61.9	44.5	67.8
Long Term Loans Plus Advances Annual Cr	8.6	16.8	24.9	228.6	293.4	284.7	282.7	273.6	0.0
Other Non Current Assets Annual Cr	120.7	95.8	204.5	4.1	4.3	2.5	5.2	5.8	1.5
Total Current Assets Annual Cr	3,755.0	3,818.8	3,377.7	3,590.8	3,686.8	4,148.5	4,034.9	3,451.9	4,058.0
Current Investments Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Trade Receivables Annual Cr	1,642.3	1,431.0	1,207.2	991.7	977.4	861.5	792.5	1,168.0	1,360.7
Cash Plus Cash Equivalents Annual Cr	2.8	14.5	66.4	145.5	17.5	78.5	194.3	48.3	567.2
Short Term Loans Plus Advances Annual Cr	8.2	8.2	8.4	161.0	227.0	373.3	398.8	218.2	463.7
Other Current Assets Annual Cr	294.6	385.6	393.4	363.9	304.1	367.1	215.6	120.4	6.7
Total Assets Annual Cr	4,685.5	4,705.6	4,371.8	4,598.4	4,769.7	5,222.0	4,948.6	4,261.7	4,451.0
Contingent Liabilities plus Commitments Annual Cr	938.6	826.1	2,664.2	1,021.0	1,267.2	149.0	1,287.6	826.4	216.9
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	0.0	0.0	0.1	0.1	5.4	5.7
Current Investments Unquoted BookValue Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0

Annual Long Term Debt To Equity Annual Analysis

Long Term Debt To Equity Annual growth is stable compared to historical averages.

1 Year:: 0.14
3 Years:: 0.15
5 Years:: 0.17
7 Years:: 0.18

Annual Total Assets Annual Cr Analysis

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

1 Year:: 4,685.54 Cr
3 Years:: 4,587.65 Cr
5 Years:: 4,626.21 Cr
7 Years:: 4,757.38 Cr

Cash flow

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010
Cash from Operating Activity Annual Cr	128.1	208.1	84.2	548.4	394.0	-138.5	241.8	-158.3	98.2
Profit Before Tax Annual Cr	163.8	98.3	65.2	6.6	28.4	-124.1	64.7	211.3	281.4
Interest Annual Cr	48.1	47.8	49.0	70.5	110.5	141.0	88.4	61.3	48.9
Tax Annual Cr	34.3	13.8	11.6	0.2	4.4	-42.5	9.2	37.0	99.2
Cash from Investing Activity Annual Cr	-61.5	-59.0	-29.5	-36.3	-28.0	-131.8	-106.4	-161.7	-28.1
Cash from Financing Annual Activity Cr	-100.5	-160.0	-133.9	-383.7	-426.7	154.8	8.8	-198.8	233.5
Net Cash Flow Annual Cr	-33.8	-11.0	-79.2	128.5	-60.7	-115.5	144.2	-518.9	303.6
Cash Plus Cash Equivalent Begin Of Year Annual Cr	-98.8	-87.9	144.7	16.2	76.9	192.5	48.3	567.2	263.5
Cash Plus Cash Equivalent End Of Year Annual Cr	-132.7	-98.8	65.6	144.7	16.2	76.9	192.5	48.3	567.2

Annual Cash from Operating Activity Annual Cr Analysis

Cash from Operating Activity Annual Cr growth is lower than historical averages.

1 Year:: 128.12 Cr
3 Years:: 140.13 Cr
5 Years:: 272.57 Cr
7 Years:: 209.45 Cr

Annual Net Cash Flow Annual Cr Analysis

Net Cash Flow Annual Cr growth is lower than historical averages.

1 Year:: -33.84 Cr
3 Years:: -41.32 Cr
5 Years:: -11.23 Cr
7 Years:: -3.93 Cr


Indicator	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011	Mar-2010
Cash from Operating Activity Annual Cr	129.7	208.6	80.3	547.8	393.5	-136.2	244.1	-155.9	101.0
Profit Before Tax Annual Cr	164.1	98.3	78.6	6.1	29.3	-126.7	64.3	208.5	284.3
Interest Annual Cr	48.3	48.0	49.3	70.8	110.7	141.5	89.1	62.0	49.3
Tax Annual Cr	34.4	13.5	14.2	-0.5	3.9	-42.0	9.0	37.1	100.4
Cash from Investing Activity Annual Cr	-61.9	-59.4	-33.2	-36.0	-27.9	-131.7	-104.8	-162.2	-36.3
Cash from Financing Annual Activity Cr	-100.7	-160.3	-104.6	-383.9	-426.6	152.1	6.8	-200.8	239.0
Net Cash Flow Annual Cr	-32.8	-11.1	-57.5	128.0	-61.0	-115.8	146.0	-518.9	303.7
Cash Plus Cash Equivalent Begin Of Year Annual Cr	-100.1	-89.0	-31.6	17.5	78.5	194.3	48.3	567.2	263.5
Cash Plus Cash Equivalent End Of Year Annual Cr	-132.9	-100.1	-89.0	145.5	17.5	78.5	194.3	48.3	567.2

Analyst Rating

No of reports

0

No upgrades

0

No downgrades

0

Featured In Screens

11

PEG TTM Price to Earnings Growth

-1.19

Revenue Qtr Cr s

923.85 Cr

Net Profit Qtr Cr s

44.70 Cr

RSI

43.77

MFI

43.30

MACD

-21.91

MACD signal

-21.83

SMA 30

821.53

SMA 50

842.58

SMA 100

751.45

SMA 200

804.78

Promoter holding %

54.03

FII holding %

3.09

MF holding %

20.10

Institutional holding %

28.44

Peer Group

Quarterly Results

Quarterly Revenue 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

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

Cash flow

Annual Cash from Operating Activity Annual Cr Analysis

Average Cash from Operating Activity Annual Cr

Annual Net Cash Flow Annual Cr Analysis

Average Net Cash Flow Annual Cr