10 Years Financial

₹ crores
Parameters / Year Ind AS IGAAP
2022-23** 2021-22** 2020-21** 2019-20** 2018-19** 2017-18** 2016-17** 2015-16** 2014-15 2013-14 2012-13
OPERATING RESULTS
Net sales* 10,386 8,696 7,150 6,839 6,793 6,051 5,335 4,633 4,211 3,437 2,959
Profit before depreciation, interest & tax (PBDIT) ^ 1,389 1,091 1,181 1,125 990 929 878 849 724 576 466
Profit before interest & tax (PBIT) ^ 947 688 861 824 725 696 684 704 588 509 395
Profit before tax (PBT) 948 690 873 841 730 714 702 723 610 537 422
Profit after tax (PAT) 694 511 647 661 483 471 478 492 411 367 287
Dividends + 58 171 85 275 71 107 - 73 62 55 43
Dividend Tax + - - - 56 15 22 - 15 12 9 7
Retained profits 636 340 561 330 398 343 478 404 337 303 236
SOURCES AND APPLICATION OF FUNDS
SOURCES OF FUNDS
Share capital 17 17 17 17 17 17 17 17 17 17 17
Reserves and surplus 5,281 4,534 4,193 3,639 3,318 2,920 2,576 2,099 1,682 1,346 1,043
Net worth 5,289 4,551 4,210 3,656 3,335 2,937 2,593 2,116 1,700 1,363 1,060
Debt 17 23 34 47 58 64 72 74 76 86 88
Deferred tax liability 73 31 41 44 96 88 82 54 37 30 20
Funds employed 5,388 4,606 4,285 3,747 3,490 3,089 2,747 2,244 1,812 1,479 1,167
APPLICATION OF FUNDS
Net fixed assets 2,897 2,492 2,455 1,829 1,813 1,703 1,492 1,352 944 623 359
Capital work-in-progress 234 830 399 827 315 226 240 123 86 145 103
Investments 486 78 281 156 20 35 147 20 16 16 16
Gross current assets 3,483 2,976 2,663 2,188 2,348 2,204 1,706 1,456 1,341 1,356 1,292
Current liabilities and provisions 1,712 1,770 1,512 1,254 1,006 1,080 838 707 576 661 603
Net current assets 1,771 1,206 1,151 934 1,342 1,124 868 749 766 695 689
Net assets 5,388 4,606 4,285 3,747 3,490 3,089 2,747 2,244 1,812 1,479 1,167
RATIOS
PBT to Net sales (%) 9.12 7.93 12.21 12.29 10.75 11.80 13.16 15.60 14.48 15.62 14.26
PAT to Net sales (%) 6.69 5.88 9.05 9.66 7.12 7.79 8.97 10.61 9.76 10.69 9.69
Return on Assets (ROA)(%) @ 22.09 18.53 26.32 27.77 24.77 27.38 31.77 40.57 48.49 64.56 59.75
Return on net worth (%) & 14.10 11.67 16.45 18.91 15.42 17.04 20.32 25.77 26.83 30.33 30.45
Debt : Equity (times) 0.00 0.01 0.01 0.01 0.02 0.02 0.03 0.04 0.04 0.06 0.08
Fixed assets turnover (times) # 3.38 3.28 2.75 3.64 3.65 3.43 3.45 3.18 4.14 5.06 7.52
Earnings per share (₹) 40.65 29.93 37.87 38.69 28.31 27.59 28.01 28.78 24.05 21.51 16.78
Dividend (%) + 610.00 450.00 500 1,100 708 415 425 425 361 323 252
Dividend per share (₹) 6.10 4.50 11.00 11.00 7.08 4.15 4.25 4.25 3.61 3.23 2.52
Book value per share (₹) 310.16 266.46 246.49 214.01 195.26 171.97 151.81 123.87 99.50 79.78 62.05
Share Price (as of 31st March) - (₹) 579.10 536.40 853.8 478.05 718.95 797.50 890.05 879.55 833.05 394.40 273.65
  • *   Net sales are after reducing excise duty collection from gross sales.
  • ^   PBDIT and PBIT are net of non operating income and expenditure and exceptional items
  • +   Under Ind AS final dividend including taxes are accounted only after approval by the shareholders in AGM. The Finance Act, 2020 has repealed the Dividend Distribution Tax (DDT). The Company is now required to pay/distribute dividend after deducting applicable taxes.
  • @   ROA is PBIT divided by Average Net Operating Assets (ANOA). Net operating assets exclude CWIP, Cash and Non-Trade Investments
  • &   Return on networth is computed based on average networth
  • #   Year end net fixed assets and manufacturing revenue are considered for computing fixed assets turnover
  • ₹   Net fixed assets are including Right-of- use asset in view of IND AS 116 ‘Leases’ w.e.f. 1st April 2019
  • **  Figures for these years are as per new accounting standards (Ind AS) and Schedule III of Companies Act, 2013. Hence these numbers are not comparable with previous years. The figures presented for other years are as per IGAAP.