Historical Financial Statement - POWER FINAN

Years Mar-15 Mar-16 Mar-17 Mar-18

# Income Statement
Sales ₹ 24,988.3 ₹ 27,860.6 ₹ 27,581.3 ₹ 48,623.8
Sales Growth - 11.49% -1.00% 76.29%

COGS ₹ 106.7 ₹ 112.6 ₹ 141.1 ₹ 550.4

COGS % Sales 0.43% 0.40% 0.51% 1.13%

Gross Profit ₹ 24,881.62 ₹ 27,748.02 ₹ 27,440.22 ₹ 48,073.46

Gross Margins 99.57% 99.60% 99.49% 98.87%

Selling & General Expenses ₹ 996.64 ₹ 1,928.94 ₹ 5,397.21 ₹ 6,032.47

S&G Exp % Sales 3.99% 6.92% 19.57% 12.41%

EBITDA ₹ 23,884.98 ₹ 25,819.08 ₹ 22,043.01 ₹ 42,040.99

EBITDA Margins 95.58% 92.67% 79.92% 86.46%

Interest ₹ 15,455.83 ₹ 16,656.89 ₹ 16,768.33 ₹ 30,288.83

Interest % Sales 61.85% 59.79% 60.80% 62.29%

Depreciation ₹ 7.92 ₹ 20.08 ₹ 40.82 ₹ 14.68

Depreciation%Sales 0.03% 0.07% 0.15% 0.03%

Earnings Before Tax ₹ 8,421.23 ₹ 9,142.11 ₹ 5,233.86 ₹ 11,737.48

EBT % Sales 33.70% 32.81% 18.98% 24.14%

Tax ₹ 2,441.5 ₹ 2,983.1 ₹ 3,027.6 ₹ 2,982.8

Effective Tax Rate 28.99% 32.63% 57.85% 25.41%

Net Profit ₹ 5,979.8 ₹ 6,159.0 ₹ 2,206.3 ₹ 8,754.7

Net Margins 23.93% 22.11% 8.00% 18.01%

No of Equity Shares 330.02 330.02 330.01 330.01

Earnings per Share ₹ 18.12 ₹ 18.66 ₹ 6.69 ₹ 26.53

EPS Growth % 3.00% -64.18% 296.81%

Dividend per Share ₹ 3.6 ₹ 5.6 ₹ 4.0 ₹ 6.2

Dividend payout ratio 20.09% 29.79% 59.83% 23.52%

Retained Earnings 79.91% 70.21% 40.17% 76.48%

# Balance Sheet
Equity Share Capital ₹ 1,320.0 ₹ 1,320.0 ₹ 2,640.1 ₹ 2,640.1
 Reserves ₹ 31,091.3 ₹ 34,708.3 ₹ 34,204.8 ₹ 37,194.5
Borrowings ₹ 187,795.1 ₹ 200,660.1 ₹ 202,992.7 ₹ 441,151.4
Other Liabilities ₹ 8,705.2 ₹ 10,531.3 ₹ 19,699.8 ₹ 41,545.6
Total Liabilities ₹ 228,911.7 ₹ 247,219.8 ₹ 259,537.5 ₹ 522,531.5

Fixed Assets Net Block ₹ 101.5 ₹ 198.5 ₹ 296.4 ₹ 161.4

Capital Work in Progress ₹ 2.4 ₹ 46.6 ₹ 105.4 ₹ 128.7
Investments ₹ 527.8 ₹ 2,230.0 ₹ 3,145.2 ₹ 5,492.5
Other Assets ₹ 222,883.9 ₹ 244,331.9 ₹ 251,918.1 ₹ 513,753.8
Total Non Current Assets ₹ 223,515.7 ₹ 246,807.0 ₹ 255,465.1 ₹ 519,536.4

Receivables ₹ 28.6 ₹ 111.2 ₹ 279.6 ₹ 145.8

Inventory - - - -
Cash & Bank ₹ 5,367.4 ₹ 301.6 ₹ 3,792.8 ₹ 2,849.3
Total Current Assets ₹ 5,396.0 ₹ 412.8 ₹ 4,072.4 ₹ 2,995.1

Total Assets ₹ 228,911.7 ₹ 247,219.8 ₹ 259,537.5 ₹ 522,531.5

Check 1 TRUE TRUE TRUE

# Cash Flow Statements

Operating Activities
Profit from operations ₹ 24,406.0 ₹ 36,303.0 ₹ 43,397.0 ₹ 38,626.0
Receivables (₹ 5,177.0) ₹ 445.0 (₹ 3,179.0) (₹ 2,223.0)
Inventory (₹ 2,656.0) (₹ 2,853.0) (₹ 3,692.0) (₹ 5,743.0)
Payables ₹ 8,132.0 ₹ 4,694.0 ₹ 3,598.0 ₹ 3,947.0
Loans Advances - - - (₹ 520.0)
Other WC items (₹ 303.0) ₹ 1,870.0 (₹ 398.0) ₹ 5,852.0
Working capital changes (₹ 3.0) ₹ 4,157.0 (₹ 3,672.0) ₹ 1,313.0
Direct taxes (₹ 2,240.0) (₹ 4,308.0) (₹ 4,194.0) (₹ 2,040.0)
Cash from Operating Activities ₹ 22,159.0 ₹ 40,308.0 ₹ 31,860.0 ₹ 39,212.0

Investing Activities
Fixed assets purchased (₹ 18,863.0) (₹ 26,975.0) (₹ 31,962.0) (₹ 31,503.0)
Fixed assets sold ₹ 37.0 ₹ 50.0 ₹ 74.0 ₹ 59.0
Investments purchased ₹ 73.0 (₹ 429.0) (₹ 5,461.0) (₹ 4,728.0)
Investments sold ₹ 34.0 ₹ 4.0 ₹ 42.0 ₹ 89.0
Interest received ₹ 713.0 ₹ 653.0 ₹ 698.0 ₹ 731.0
Dividends received ₹ 95.0 ₹ 40.0 ₹ 80.0 ₹ 58.0
Invest in subsidiaries - - - -
Investment in group cos - - (₹ 160.0) -
Redemp n Canc of Shares - - - -
Acquisition of companies - (₹ 185.0) - (₹ 111.0)
Inter corporate deposits ₹ 45.0 - - -
Other investing items (₹ 5,103.0) (₹ 1,149.0) ₹ 456.0 (₹ 1,289.0)
Cash from Investing Activities (₹ 22,969.0) (₹ 27,991.0) (₹ 36,233.0) (₹ 36,694.0)

Financing Activities
Proceeds from shares ₹ 1.0 - - ₹ 7,433.0
Redemption of debentures (₹ 97.0) (₹ 658.0) (₹ 744.0) -
Proceeds from borrowings ₹ 27,863.0 ₹ 33,258.0 ₹ 36,363.0 ₹ 19,519.0
Repayment of borrowings (₹ 20,395.0) (₹ 29,141.0) (₹ 23,332.0) (₹ 24,924.0)
Proceeds from deposits - - - -
Interest paid fin (₹ 4,666.0) (₹ 6,171.0) (₹ 6,307.0) (₹ 5,716.0)
Dividends paid (₹ 1,551.0) (₹ 722.0) (₹ 720.0) (₹ 108.0)
Financial liabilities - - - -
Other financing items (₹ 2,849.0) (₹ 450.0) (₹ 57.0) -
Cash from Financing Activities (₹ 1,694.0) (₹ 3,884.0) ₹ 5,203.0 (₹ 3,796.0)

Net Cash Flow (₹ 2,504.0) ₹ 8,433.0 ₹ 830.0 (₹ 1,278.0)

atement - POWER FINANCE CORPORATION LTD
Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 LTM

₹ 54,105.7 ₹ 62,189.4 ₹ 71,656.1 ₹ 76,261.7 ₹ 77,568.3 ₹ 91,096.7 ₹ 91,096.7

11.27% 14.94% 15.22% 6.43% 1.71% 17.44% 0.00%

₹ 1,810.5 ₹ 4,857.9 ₹ 632.8 ₹ 1,898.2 ₹ 3,543.7 ₹ 496.8 (₹ 428.8)

3.35% 7.81% 0.88% 2.49% 4.57% 0.55% -0.47%

₹ 52,295.16 ₹ 57,331.52 ₹ 71,023.25 ₹ 74,363.46 ₹ 74,024.57 ₹ 90,599.96 ₹ 91,525.57

96.65% 92.19% 99.12% 97.51% 95.43% 99.45% 100.47%

-₹ 114.95 ₹ 2,474.47 ₹ 6,469.20 ₹ 6,317.07 ₹ 507.16 -₹ 925.61

-0.21% 3.98% 9.03% 8.28% 0.65% -1.02% 0.00%

₹ 52,410.11 ₹ 54,857.05 ₹ 64,554.05 ₹ 68,046.39 ₹ 73,517.41 ₹ 91,525.57 ₹ 84,903.70

96.87% 88.21% 90.09% 89.23% 94.78% 100.47% 93.20%

₹ 34,626.80 ₹ 40,844.65 ₹ 44,683.52 ₹ 44,708.78 ₹ 47,016.78 ₹ 57,962.20 ₹ 57,962.20

64.00% 65.68% 62.36% 58.63% 60.61% 63.63% 63.63%

₹ 15.49 ₹ 24.43 ₹ 25.46 ₹ 34.77 ₹ 51.80 ₹ 53.40 ₹ 53.40

0.03% 0.04% 0.04% 0.05% 0.07% 0.06% 0.06%

₹ 17,767.82 ₹ 13,987.97 ₹ 19,845.1 ₹ 23,302.8 ₹ 26,448.8 ₹ 33,510.0 ₹ 26,888.1

32.84% 22.49% 27.69% 30.56% 34.10% 36.79% 29.52%

₹ 5,221.8 ₹ 4,615.4 ₹ 4,174.5 ₹ 4,614.0 ₹ 5,317.5 ₹ 7,126.9 ₹ 7,126.9

29.39% 33.00% 21.04% 19.80% 20.10% 21.27% 26.51%

₹ 12,546.1 ₹ 9,372.6 ₹ 15,670.5 ₹ 18,688.8 ₹ 21,131.4 ₹ 26,383.0 ₹ 19,761.2

23.19% 15.07% 21.87% 24.51% 27.24% 28.96% 21.69%

330.01 330.01 330.01 330.01 330.01 330.01 330.01

₹ 38.02 ₹ 28.40 ₹ 47.49 ₹ 56.63 ₹ 64.03 ₹ 79.95 ₹ 59.88

43.31% -25.29% 67.20% 19.26% 13.07% 24.85% -25.10%

- ₹ 7.6 ₹ 8.0 ₹ 9.6 ₹ 10.6 ₹ 13.5 -

0.00% 26.76% 16.85% 16.95% 16.55% 16.89% 0.00%

100.00% 73.24% 83.15% 83.05% 83.45% 83.11% 100.00%

₹ 2,640.1 ₹ 2,640.1 ₹ 2,640.1 ₹ 2,640.1 ₹ 2,640.1 ₹ 3,300.1

 ₹ 44,481.2 ₹ 46,759.7 ₹ 58,127.4 ₹ 69,036.2 ₹ 81,518.4 ₹ 97,846.7
₹ 539,487.7 ₹ 596,561.1 ₹ 659,682.2 ₹ 660,476.3 ₹ 751,157.5 ₹ 861,961.1
₹ 42,259.8 ₹ 48,559.7 ₹ 55,257.4 ₹ 58,847.8 ₹ 60,795.9 ₹ 75,769.6
₹ 628,868.7 ₹ 694,520.6 ₹ 775,707.1 ₹ 791,000.3 ₹ 896,111.9 ₹ 1,038,877.4

₹ 195.6 ₹ 238.1 ₹ 341.3 ₹ 719.2 ₹ 782.3 ₹ 775.6

₹ 198.5 ₹ 288.4 ₹ 336.4 ₹ 53.4 ₹ 21.9 ₹ 28.1
₹ 4,603.7 ₹ 4,403.6 ₹ 3,498.8 ₹ 3,774.0 ₹ 5,973.4 ₹ 10,971.4
₹ 607,321.6 ₹ 685,266.7 ₹ 763,160.3 ₹ 779,643.6 ₹ 885,062.1 ₹ 1,023,522.0
₹ 612,319.5 ₹ 690,196.8 ₹ 767,336.9 ₹ 784,190.1 ₹ 891,839.7 ₹ 1,035,297.0

₹ 172.1 ₹ 135.7 ₹ 167.6 ₹ 125.6 ₹ 171.2 ₹ 191.9

- - - - - -
₹ 16,377.0 ₹ 4,188.2 ₹ 8,202.6 ₹ 6,684.5 ₹ 4,101.0 ₹ 3,388.6
₹ 16,549.2 ₹ 4,323.8 ₹ 8,370.2 ₹ 6,810.1 ₹ 4,272.2 ₹ 3,580.4

₹ 628,868.7 ₹ 694,520.6 ₹ 775,707.1 ₹ 791,000.3 ₹ 896,111.9 ₹ 1,038,877.4

TRUE TRUE TRUE TRUE TRUE TRUE

₹ 28,840.0 ₹ 33,312.0 ₹ 28,771.0 ₹ 23,352.0 ₹ 31,198.0 ₹ 26,666.0

(₹ 4,152.0) (₹ 10,688.0) (₹ 9,109.0) ₹ 9,950.0 (₹ 5,505.0) ₹ 337.0
(₹ 6,621.0) (₹ 3,560.0) ₹ 2,069.0 ₹ 2,326.0 ₹ 3,814.0 ₹ 597.0
₹ 9,301.0 ₹ 7,320.0 (₹ 4,692.0) (₹ 8,085.0) ₹ 5,748.0 (₹ 7,012.0)
- - - - - -
₹ 4,727.0 ₹ 494.0 ₹ 4,512.0 ₹ 875.0 (₹ 4,150.0) (₹ 4,396.0)
₹ 3,254.0 (₹ 6,434.0) (₹ 7,221.0) ₹ 5,065.0 (₹ 93.0) (₹ 10,474.0)
(₹ 1,895.0) (₹ 3,021.0) (₹ 2,659.0) (₹ 1,785.0) (₹ 2,105.0) (₹ 1,910.0)
₹ 33,454.0 ₹ 17,423.0 ₹ 11,671.0 ₹ 31,698.0 ₹ 28,907.0 ₹ 3,808.0

(₹ 16,072.0) (₹ 35,079.0) (₹ 35,304.0) (₹ 29,702.0) (₹ 20,205.0) (₹ 15,168.0)

₹ 53.0 ₹ 30.0 ₹ 67.0 ₹ 171.0 ₹ 351.0 ₹ 230.0
(₹ 6.0) (₹ 329.0) (₹ 130.0) (₹ 1,439.0) (₹ 7,530.0) (₹ 3,008.0)
₹ 1,965.0 ₹ 2,381.0 ₹ 5,644.0 ₹ 21.0 ₹ 226.0 ₹ 104.0
₹ 638.0 ₹ 690.0 ₹ 761.0 ₹ 1,104.0 ₹ 428.0 ₹ 653.0
₹ 620.0 ₹ 1,797.0 ₹ 232.0 ₹ 21.0 ₹ 18.0 ₹ 32.0
- - - - - -
(₹ 107.0) (₹ 4.0) (₹ 9.0) (₹ 606.0) (₹ 10.0) -
- ₹ 14.0 ₹ 533.0 - - -
- - (₹ 8.0) (₹ 27.0) - (₹ 98.0)
- - - - - -
(₹ 26,663.0) ₹ 5,360.0 ₹ 7,335.0 (₹ 2,659.0) ₹ 1,051.0 ₹ 12,813.0
(₹ 39,572.0) (₹ 25,140.0) (₹ 20,879.0) (₹ 33,116.0) (₹ 25,671.0) (₹ 4,442.0)
 ₹ 5.0 - - ₹ 3,889.0 ₹ 2,603.0 ₹ 19.0
- - - - - -
₹ 33,390.0 ₹ 37,482.0 ₹ 51,128.0 ₹ 38,297.0 ₹ 46,641.0 ₹ 46,578.0
(₹ 21,732.0) (₹ 29,964.0) (₹ 35,198.0) (₹ 29,847.0) (₹ 29,709.0) (₹ 42,816.0)
- - - - - -
(₹ 5,336.0) (₹ 5,411.0) (₹ 7,005.0) (₹ 7,518.0) (₹ 8,123.0) (₹ 9,251.0)
(₹ 121.0) (₹ 96.0) (₹ 95.0) (₹ 57.0) (₹ 30.0) (₹ 100.0)
- - - (₹ 1,346.0) (₹ 1,477.0) (₹ 1,559.0)
- - - (₹ 29.0) - ₹ 3,750.0
₹ 6,206.0 ₹ 2,011.0 ₹ 8,830.0 ₹ 3,389.0 ₹ 9,905.0 (₹ 3,379.0)

₹ 88.0 (₹ 5,706.0) (₹ 378.0) ₹ 1,971.0 ₹ 13,141.0 (₹ 4,013.0)

 Ratio Analysis - POWER FINAN
Years Mar-15 Mar-16 Mar-17 Mar-18 Mar-19

Sales Growth 11.49% -1.00% 76.29% 11.27%

GrossProfit Growth 11.52% -1.11% 75.19% 8.78%
EBITDA Growth 8.10% -14.63% 90.72% 24.66%
EBIT Growth 8.56% -42.75% 124.26% 51.38%
Net Profit Growth 3.00% -64.18% 296.81% 43.31%
Dividend Growth 52.75% -28.06% 56.00% -100.00%

Gross Margin 99.57% 99.60% 99.49% 98.87% 96.65%

EBITDA Margin 95.58% 92.67% 79.92% 86.46% 96.87%
EBIT Margin 95.55% 92.60% 79.77% 86.43% 96.84%
EBT Margin (Op. margin) 33.70% 32.81% 18.98% 24.14% 32.84%
Net Profit Margin 23.93% 22.11% 8.00% 18.01% 23.19%

SalesExpenses%Sales 3.99% 6.92% 19.57% 12.41% -0.21%

Depreciation%Sales 0.03% 0.07% 0.15% 0.03% 0.03%
OperatingIncome%Sales (E 33.70% 32.81% 18.98% 24.14% 32.84%

Return on Capital Employe 10.84% 10.90% 9.17% 8.74% 8.93%

Retained Earnings% 79.91% 70.21% 40.17% 76.48% 100.00%
Return on Equity% 2.72% 2.60% 0.92% 1.82% 2.14%
Self Sustained Growth Rate 2.17% 1.83% 0.37% 1.39% 2.14%
Interest Coverage Ratio 38603x 43152x 36190x 67466x 81869x

Debtor Turnover Ratio 874.02x 250.52x 98.66x 333.57x 314.33x

Creditor Turnover Ratio 2.87x 2.65x 1.40x 1.17x 1.28x
Inventory Turnover #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Fixed Asset Turnover 246.19x 140.37x 93.06x 301.19x 276.56x
Capital Turnover Ratio 0.77x 0.77x 0.75x 1.22x 1.15x

Debtor Days 0 Days 1 Days 4 Days 1 Days 1 Days

Payable Days 127 Days 138 Days 261 Days 312 Days 285 Days
Inventory Days #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Cash Conversion Cycle #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

CFO/Sales 98% 130% 157% 79% 53%

CFO/Total Assets 11% 15% 17% 7% 5%
CFO/Total Debt 13% 18% 21% 9% 5%
s - POWER FINANCE CORPORATION LTD
Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Trend Mean

14.94% 15.22% 6.43% 1.71% 17.44% 17.09%

9.63% 23.88% 4.70% -0.46% 22.39% 17.17%
4.67% 17.68% 5.41% 8.04% 24.50% 18.79%
-21.27% 41.87% 17.42% 13.50% 26.70% 24.41%
-25.29% 67.20% 19.26% 13.07% 24.85% 42.00%
#DIV/0! 5.26% 20.00% 10.42% 27.36% #DIV/0!

92.19% 99.12% 97.51% 95.43% 99.45% 97.79%

88.21% 90.09% 89.23% 94.78% 100.47% 91.43%
88.17% 90.05% 89.18% 94.71% 100.41% 91.37%
22.49% 27.69% 30.56% 34.10% 36.79% 29.41%
15.07% 21.87% 24.51% 27.24% 28.96% 21.29%

3.98% 9.03% 8.28% 0.65% -1.02% 6.36%

0.04% 0.04% 0.05% 0.07% 0.06% 0.06%
22.49% 27.69% 30.56% 34.10% 36.79% 29.41%

8.49% 8.96% 9.29% 8.79% 9.50% 9.36%

73.24% 83.15% 83.05% 83.45% 83.11% 77.28%
1.45% 2.18% 2.55% 2.53% 2.74% 2.16%
1.06% 1.81% 2.12% 2.11% 2.28% 1.73%
83487x 103480x 116010x 121204x 143763x 83522x

458.42x 427.52x 607.03x 453.17x 474.78x 429.20x

1.28x 1.30x 1.30x 1.28x 1.20x 1.57x
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
261.19x 209.94x 106.04x 99.15x 117.46x 185.11x
1.26x 1.18x 1.06x 0.92x 0.90x 1.00x

1 Days 1 Days 1 Days 1 Days 1 Days 1 Days

285 Days 281 Days 282 Days 286 Days 304 Days 256 Days
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

54% 40% 31% 40% 29% 71.19%

5% 4% 3% 3% 3% 7.16%
6% 4% 4% 4% 3% 8.73%
Median

11.49%
9.63%
8.10%
17.42%
19.26%
#DIV/0!

98.99%
91.38%
91.33%
31.69%
22.65%

5.46%
0.04%
31.69%

9.07%
81.48%
2.35%
1.97%
82677.92 x

440.34 x
1.29 x
#DIV/0!
175.15 x
0.99 x

1 Days
283 Days
#DIV/0!
#DIV/0!

53.43%
4.69%
5.46%
 ITC LTD - SALES Forecasting ITC LTD - EBITDA Fo
Year weight (x) Year Sales (Y) Sales Growth Year weight (x)
1 Mar-14 24,988.27 1
2 Mar-15 27,860.61 11.49% 2
3 Mar-16 27,581.27 -1.00% 3
4 Mar-17 48,623.83 76.29% 4
5 Mar-18 54,105.65 11.27% 5
6 Mar-19 62,189.44 14.94% 6
7 Mar-20 71,656.10 15.22% 7
8 Mar-21 76,261.66 6.43% 8
9 Mar-22 77,568.30 1.71% 9
10 Mar-23 91,096.72 17.44% 10
11 Mar/24 F 98,310.27 7.92% 11
12 Mar/25 F 105,967.92 7.79% 12
13 Mar/26 F 113,625.57 7.23% 13
14 Mar/27 F 121,283.22 6.74% 14
ITC LTD - EBITDA Forecasting ITC LTD - Earning per share Forecasting
Year EBITDA (Y) Sales Growth Year weight (x) Year
Mar-14 6,004.40 1 Mar-14
Mar-15 6,184.00 2.99% 2 Mar-15
Mar-16 2,236.10 -63.84% 3 Mar-16
Mar-17 6,688.69 199.12% 4 Mar-17
Mar-18 9,920.86 48.32% 5 Mar-18
Mar-19 7,122.13 -28.21% 6 Mar-19
Mar-20 11,747.83 64.95% 7 Mar-20
Mar-21 14,014.79 19.30% 8 Mar-21
Mar-22 15,889.33 13.38% 9 Mar-22
Mar-23 19,761.16 24.37% 10 Mar-23
Mar/24 F 18,724.27 -5.25% 11 Mar/24 F
Mar/25 F 20,318.33 8.51% 12 Mar/25 F
Mar/26 F 21,912.40 7.85% 13 Mar/26 F
Mar/27 F 23,506.46 7.27% 14 Mar/27 F
Earning per share Forecasting
EPS (Y) Sales Growth
33.23
81.91 146.49%
31.83 -61.14%
25.10 -21.14%
30.52 21.59%
21.24 -30.41%
30.97 45.81%
42.99 38.81%
53.67 24.84%
65.07 21.24%
46.75 -28.15%
47.68 1.98%
48.61 1.94%
49.54 1.91%
COMPANY NAME POWER FINANCE CORPORATION LTD
LATEST VERSION 2.10 PLEASE DO NOT MAKE A
CURRENT VERSION 2.10

META
Number of shares 330.01
Face Value 10
Current Price 501.5
Market Capitalization 165500.09

PROFIT & LOSS 23,917.54

Report Date Mar-15 Mar-16 Mar-17 Mar-18 Mar-19
Sales 24988.27 27860.61 27581.27 48623.83 54105.65
Raw Material Cost 7.95
Change in Inventory -0.04
Power and Fuel 1.8 1.94 1.85
Other Mfr. Exp 3.38 4.02 5.96 167.98 1447.47
Employee Cost 101.47 106.63 133.24 374.4 363.02
Selling and admin 164.97 202.13 64.77 112.5 304.46
Other Expenses 831.67 1726.81 5332.44 5919.97 -419.41
Other Income 24.64 24.99 29.83 41.96 94.21
Depreciation 7.92 20.08 40.82 14.68 15.49
Interest 15455.83 16656.89 16768.33 30288.83 34626.8
Profit before tax 8445.87 9167.1 5263.69 11779.44 17862.03
Tax 2441.47 2983.1 3027.59 2982.75 5221.76
Net profit 6004.4 6184 2236.1 6688.69 9920.86
Dividend Amount 1201.24 1834.86 1320.04 2059.26
Effective Tax Rate 29% 33% 58% 25% 29%
EPS 33.23 81.91 31.83 25.1 30.52
EBITDA 23,909.62 25,844.07 22,072.84 39,974.95 49,784.91

Quarters
Report Date Dec-21 Mar-22 Jun-22 Sep-22 Dec-22
Sales 19175.75 18853.18 18532.25 19336.05 19639.14
Expenses 1887.41 2492.61 2183.83 1315.62 900.18
Other Income 37.94 20.37 11.79 8.34 23.52
Depreciation 9.26 9.5 11.53 11.91 14.12
Interest 11235.48 10925.52 10837.41 11412.88 12129.36
Profit before tax 6081.54 5445.92 5511.27 6603.98 6619
Tax 1187.63 1150.02 931.74 1374.65 1377.9
Net profit 3580.26 3205.88 3417.11 3935.26 3860.25
Operating Profit 17288.34 16360.57 16348.42 18020.43 18738.96
EBITDA 16,012.63 15,290.92 15,197.79 16,734.70 17,381.63

BALANCE SHEET
Report Date Mar-15 Mar-16 Mar-17 Mar-18 Mar-19
Equity Share Capital 1320.04 1320.04 2640.08 2640.08 2640.08
Reserves 31091.31 34708.27 34204.83 37194.45 44481.17
Borrowings 187795.1 200660.14 202992.74 441151.36 539487.69
Other Liabilities 8705.2 10531.3 19699.83 41545.59 42259.78
Total 228911.65 247219.75 259537.48 522531.48 628868.72
Net Block 101.5 198.48 296.38 161.44 195.64
Capital Work in Progress 2.42 46.63 105.44 128.69 198.53
Investments 527.84 2229.97 3145.17 5492.51 4603.73
Other Assets 228279.89 244744.67 255990.49 516748.84 623870.82
Total 228911.65 247219.75 259537.48 522531.48 628868.72
Receivables 28.59 111.21 279.56 145.77 172.13
Inventory
Cash & Bank 5367.36 301.55 3792.83 2849.31 16377.04
No. of Equity Shares 1320040704 1320040704 2640081408 2640081408 2640081408
New Bonus Shares
Face value 10 10 10 10 10

CASH FLOW:
Report Date Mar-15 Mar-16 Mar-17 Mar-18 Mar-19
Cash from Operating Activity -21455.27 -13297.7 1795.46 -57147.56 -80251.82
Cash from Investing Activity -490.6 -1973.3 -667.09 1409.13 -13463.02
Cash from Financing Activity 26916.19 10383.46 1950.32 52018.48 93616.44
Net Cash Flow 4970.32 -4887.54 3078.69 -3719.95 -98.4

PRICE: 109.22 68.54 116.72 68.52 98.48

DERIVED:
Adjusted Equity Shares in Cr 330.02 330.02 330.01 330.01 330.01
PLEASE DO NOT MAKE ANY CHANGES TO THIS SHEET

90,599.96
Mar-20 Mar-21 Mar-22 Mar-23 Mar-24
62189.44 71656.1 76261.66 77568.3 91096.72

4457.84 261.82 1490.48 3104.02

400.08 371.03 407.72 439.71 496.76
108.75 89.45 114.78 160.96
2365.72 6379.75 6202.29 346.2 -925.61
104.7 45.66 79.38 47.24 78.15
24.43 25.46 34.77 51.8 53.4
40844.65 44683.52 44708.78 47016.78 57962.2
14092.67 19890.73 23382.22 26496.07 33588.12
4615.42 4174.53 4614.01 5317.48 7126.94
7122.13 11747.83 14014.79 15889.33 19761.16
2508.08 2640.08 3168.1 3498.11 4455.14
33% 21% 20% 20% 21%
21.24 30.97 42.99 53.67 65.07
52,606.63 60,631.34 63,372.35 68,275.39 84,903.70

Mar-23 Jun-23 Sep-23 Dec-23 Mar-24

20060.86 20992.49 22391 23571.83 24141.4
-339.08 -81.18 -550.89 791.03 -587.81
13.25 8.95 12.69 21.57 34.94
14.24 12.06 12.68 13.81 14.85
12637.13 13669.55 14313.11 14827.24 15152.3
7761.82 7401.01 8628.79 7961.32 9597
1633.19 1418.87 2000.62 1666.88 2040.57
4676.71 4576.32 4833.08 4727.4 5624.36
20399.94 21073.67 22941.89 22780.8 24729.21
18,961.27 19,676.80 21,159.49 21,235.33 22,832.08

Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

2640.08 2640.08 2640.08 2640.08 3300.1
 46759.72 58127.4 69036.16 81518.41 97846.67
596561.1 659682.16 660476.28 751157.52 861961.06
48559.7 55257.44 58847.75 60795.85 75769.55
694520.6 775707.08 791000.27 896111.86 1038877.38
238.1 341.32 719.18 782.3 775.55
288.39 336.44 53.36 21.86 28.06
4403.62 3498.83 3774.01 5973.4 10971.35
689590.49 771530.49 786453.72 889334.3 1027102.42
694520.6 775707.08 791000.27 896111.86 1038877.38
135.66 167.61 125.63 171.17 191.87

4188.17 8202.56 6684.5 4101.02 3388.56

2640081408 2640081408 2640081408 2640081408

10 10 10 10 10
115.28 390.54 76.93 8.10

Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

-42147.66 -59142.61 4904.48 -74698.93 -97820.41
-73.2 1741.06 -547.39 -1693.58 -3408.99
43399.43 60424.08 -8370.59 75518.27 101261.3
1178.57 3022.53 -4013.5 -874.24 31.9

73.56 91 90.08 121.4 390.25

330.01 330.01 330.01 330.01 330.01

 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17
Cash from Operating Activity - 11,240 18,384 22,163 36,151 35,531 37,900 30,199
Profit from operations 16,680 22,432 24,406 36,303 43,397 38,626 28,840
Receivables -1,422 -6,659 -5,177 445 -3,179 -2,223 -4,152
Inventory -2,411 -2,719 -2,656 -2,853 -3,692 -5,743 -6,621
Payables 344 5,867 8,132 4,694 3,598 3,947 9,301
Loans Advances 0 0 0 0 0 -520 0
Other WC items -559 1,231 -303 1,870 -398 5,852 4,727
Working capital changes -4,048 -2,280 -3 4,157 -3,672 1,313 3,254
Direct taxes -1,391 -1,768 -2,240 -4,308 -4,194 -2,040 -1,895
Cash from Investing Activity - -7,023 -19,464 -22,969 -27,991 -36,232 -36,694 -39,571
Fixed assets purchased -8,124 -13,876 -18,863 -26,975 -31,962 -31,503 -16,072
Fixed assets sold 11 93 37 50 74 59 53
Investments purchased -147 -5,857 73 -429 -5,461 -4,728 -6
Investments sold 7 84 34 4 42 89 1,965
Interest received 314 467 713 653 698 731 638
Dividends received 98 70 95 40 80 58 620
Invest in subsidiaries -70 -304 0 0 0 0 0
Investment in group cos -4 -9 0 0 -160 0 -107
Redemp n Canc of Shares 0 0 0 0 0 0 0
Acquisition of companies 2 0 0 -185 0 -111 0
Inter corporate deposits 5 -3 45 0 0 0 0
Other investing items 884 -129 -5,103 -1,149 456 -1,289 -26,663
Cash from Financing Activity - -1,401 6,567 -1,692 -3,883 5,201 -3,795 6,205
Proceeds from shares 3,258 139 1 0 0 7,433 5
Redemption of debentures 0 0 -97 -658 -744 0 0
Proceeds from borrowings 15,530 27,462 27,863 33,258 36,363 19,519 33,390
Repayment of borrowings -16,641 -15,010 -20,395 -29,141 -23,332 -24,924 -21,732
Proceeds from deposits 339 0 0 0 0 0 0
Interest paid fin -2,469 -3,374 -4,666 -6,171 -6,307 -5,716 -5,336
Dividends paid -1,020 -1,503 -1,551 -722 -720 -108 -121
Financial liabilities 0 0 0 0 0 0 0
Other financing items -399 -1,147 -2,849 -450 -57 0 0
Net Cash Flow 2,815 5,488 -2,499 4,277 4,500 -2,589 -3,167
Mar-18 Mar-19 Mar-20 Mar-21 Mar-22
23,857 18,891 26,633 29,001 14,283
33,312 28,771 23,352 31,198 26,666
-10,688 -9,109 9,950 -5,505 337
-3,560 2,069 2,326 3,814 597
7,320 -4,692 -8,085 5,748 -7,012
0 0 0 0 0
494 4,512 875 -4,150 -4,396
-6,434 -7,221 5,065 -93 -10,474
-3,021 -2,659 -1,785 -2,105 -1,910
-25,139 -20,878 -33,115 -25,672 -4,444
-35,079 -35,304 -29,702 -20,205 -15,168
30 67 171 351 230
-329 -130 -1,439 -7,530 -3,008
2,381 5,644 21 226 104
690 761 1,104 428 653
1,797 232 21 18 32
0 0 0 0 0
-4 -9 -606 -10 0
14 533 0 0 0
0 -8 -27 0 -98
0 0 0 0 0
5,360 7,335 -2,659 1,051 12,813
2,012 8,830 3,390 9,904 -3,380
0 0 3,889 2,603 19
0 0 0 0 0
37,482 51,128 38,297 46,641 46,578
-29,964 -35,198 -29,847 -29,709 -42,816
0 0 0 0 0
-5,411 -7,005 -7,518 -8,123 -9,251
-96 -95 -57 -30 -100
0 0 -1,346 -1,477 -1,559
0 0 -29 0 3,750
730 6,843 -3,092 13,232 6,459