Profitability Ratios

Gross profit margin

Gross profit margin=

Description
Gross Profit
Rs.000
Sales
Rs.000
Gross Profit
margin (%)

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

8,316,655

6,161,006

5,287,761

5,243,313

3,785,742

24,074,821

19,685,529

17,695,809

12,887,421

7,797,614

34.55

31.30

29.88

40.69

48.55

Net profit margin

Net Profit
Net profit margin=
100
Sales

Description
Net Profit
Rs.000
Sales
Rs.000
Net Profit
margin (%)

Gross Profit
100
Sales

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

1,293,808

1,168,912

1,019,414

1,263,667

840,465

24,074,821

19,685,529

17,695,809

12,887,421

7,797,614

5.37

5.94

5.76

9.81

10.78

Assets turnover ratio

Assets turnover ratio=

Description
Sales
Rs.000
Assets
(Beginning)
Rs.000
Assets (End)
Rs.000
Average Assets
Rs.000
Assets Turnover
Ratio

Sales
Average Assets

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

24,074,821

19,685,529

17,695,809

12,887,421

7,797,614

24,581,692

17,616,468

10,507,002

9,478,742

6,191,502

26,896,540

24,581,692

17,616,468

10,507,002

9,478,742

25,739,116

21,099,080

14,061,735

9,992,872

7,835,122

0.94

0.93

1.26

1.29

1.00

Earning power
Earning power=

Description
Earnings Before
Interest and Tax
Rs.000
Assets
(Beginning)
Rs.000
Assets (End)
Rs.000
Average Assets
Rs.000
Earning Power

Earnings before it
Average assets

2015/2014

2014/2013

2012/2011
2,175,152

2011/2010

2,392,708

2,062,272

1,590,034

24,581,692

17,616,468

10,507,002

9,478,742

6,191,502

26,896,540

24,581,692

17,616,468

10,507,002

9,478,742

25,739,116

21,099,080

14,061,735

9,992,872

7,835,122

0.09

0.10

0.11

0.22

0.18

1,415,801

Return on equity
Return on Equity=

Description
Net Income
Rs.000
Equity
(Beginning)
Rs.000
Equity (End)
Rs.000
Average Equity
Rs.000
Return on
Equity

Net income
Average Equity

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

1,285,812

1,167,791

1,019,414

1,263,667

840,465

6,760,107

5,892,033

5,176,132

5,031,152

3,545,912

7,738,092

6,760,107

5,892,033

5,176,132

5,031,152

7,249,100

6,326,070

5,534,083

5103642

4,288,532

0.18

0.18

0.18

0.25

0.20

Liquidity ratios

2013/2012

Current ratio
Current ratio=

Current Assets
Current Liabilities

Description
Current Assets
Rs.000
Current
Liabilities
Rs.000
Current Ratio

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

7,720,870

12,217,754

9,244,096

5,338,164

2,358,962

9,216,466

11,025,660

8,116,256

3,540,262

2,673,820

0.84

1.11

1.14

1.51

0.88

Quick ratio
Quick ratio=

Description
Current Assets
Rs.000
Inventories
Rs.000
Quick Assets
Rs.000
Current
Liabilities
Rs.000
Quick Ratio

Quick Assets
Curent AssetsInventories
=
Current Liabilities
Current Liabilities

2015/201
4

2014/2013

2013/2012

2012/2011

2011/2010

7,720,870

12,217,754

9,244,096

5,338,164

2,358,962

2,798,064

2,695,021

2,406,716

1,341,247

1,015,645

4,922,806

9,522,733

6,837,380

3,996,917

1,343,317

9,216,466

11,025,660

8,116,256

3,540,262

2,673,820

1.87

1.16

1.19

0.89

1.99

Financial Structure or Capitalization Ratios

Debt / Equity ratio

Debt / Equity ratio=

Description
Debt
Rs.000
Equity
Rs.000
Debt/Equity
Ratio

Debt
Equity

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

19,158,448

17,821,585

11,724,435

5,330,870

4,447,590

7,738,092

6,760,107

5,892,033

5,176,132

5,031,152

2.48

2.64

1.99

1.03

0.88

2012/2011

2011/2010

Debt / Total Assets ratio

Debt /T otal A ssets ratio=

Description

2015/2014

Debt
100
Total assets

2014/2013

2013/2012

Debt
Rs.000
Total Assets
Rs.000
Debt/ Total
Assets Ratio
(%)

17,821,585

11,724,435

5,330,870

4,447,590

26,896,540

24,581,692

17,616,468

10,507,002

9,478,742

71.23

72.50

66.55

50.74

46.92

Equity ratio
Equity ratio=

Description
Equity
Rs.000
Total Assets
Rs.000
Equity/ Total
Assets Ratio
(%)

19,158,448

Equity
100
Total assets

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

7,738,092

6,760,107

5,892,033

5,176,132

5,031,152

26,896,540

24,581,692

17,616,468

10,507,002

9,478,742

28.77

27.50

33.45

49.26

53.08

Time interest earned

Time interest earned =

Description
Earnings
Before Interest
and Tax
Rs.000
Interest
Rs.000
Time Interest
Earned

Earnings Before it
Interest

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

2,392,708

2,062,272

1,590,034

2,175,152

1,415,801

459,253

646,480

173,774

218,828

178,537

5.21

3.19

9.15

9.94

7.93

Asset Management or Activity Ratios

Debtors Turnover Ratio

Net Credit S ales
Debtors T urnover R atio=
Average D ebtors

Description
Net Credit Sales
Rs.000

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

1,033,837

1,065,596

1,556,947

799,713

320,625

Debtors
(Beginning)
Rs.000
Debtors (End)
Rs.000
Average
Debtors
Rs.000
Debtors
Turnover Ratio

2,649,504

3,101,079

1,141,086

1,449,343

1,254,520

2,104,829

2,649,504

3,101,079

1,141,086

1,449,343

2,377,167

2,875,292

2,121,083

1,295,215

1,351,932

0.43

0.37

0.73

0.62

0.24

Average Collection Period

Average Collection P eriod=

Description
Debtors
Turnover
Ration
Average
Collection
Period(Days)

360
Debtors Turnover R atio

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

0.43

0.37

0.73

0.62

0.24

828

971

490

583

1518

Average Payment Period

Average Payment P eriod=

Description
Creditors
(Beginning)
Rs.000
Creditors (End)
Rs.000
Average
Creditors
Rs.000
Purchases
Rs.000
Average
Payment Period
(Days)

Average C reditors
360
Purchases

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

824,714

800,312

631,861

261,538

230,022

845,661

824,714

800,312

631,861

261,538

835,188

812,513

716,087

446,700

245,780

4,066,056

4,090,408

3,610,822

1,357,017

689,731

20.54

19.86

19.83

32.92

35.63

Inventory Turnover
Inverntory T urnover=

Description
COGS Rs.000
Inventory
(Beginning)
Rs.000
Inventory (End)
Rs.000
Average
Inventory
Rs.000
Inventory
Turnover

Costs of Goods Sold

Average I nventory

2015/2014
24,074,821

2014/2013
19,685,529

2013/2012
17,695,809

2012/2011
12,887,421

2011/2010
7,797,614

2,695,021

2,406,716

1,341,247

1,015,645

870,835

2,798,064

2,695,021

2,406,716

1,341,247

1,015,645

2,746,543

2,550,869

1,873,982

1,178,446

943,240

8.77

7.72

9.44

10.94

8.27

Market Test Ratios

Earnings Per Share

Earnings Per S hare=

Description
Net Profit
After Tax
Rs.000
No. of Shares
Earnings Per
Share
Rs.000

Net Profit After Tax

Number of Issued O rdinary S hares

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

8,316,655

6,161,006

5,287,761

5,243,313

3,785,742

40.69

48.55

20,988
34.55

31.30

29.88

Dividends Per Share

Dividends Per Share=

Description
Dividends
No. of Shares
Dividends
Per Share

Dividents
Number o f Issued Ordinary Shares

2015/2014
167,905

2014/2013
146,917

2013/2012
146,917
20,988

2012/2011
83,923

2011/2010
62,964

8.00

7.00

7.00

4.00

3.00

Dividends Payout Ratio

Dividends Per Share
Dividends Payout Ratio=
100
Earnings Per Share
Description
Dividends Per
Share
Earnings Per
Share Rs.000
Dividends
Payout Ratio

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

8.00

7.00

7.00

4.00

3.00

34.55

31.30

29.88

40.69

48.55

12.98

12.57

14.41

6.64

7.49

Price Earnings Ratio

Price Earnings Ratio=

Description
Market Price Per
Share
Earnings Per
Share Rs.000
Price Earnings
Ratio

Market Price Per Share

Earnings Per Share

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

700.10

500.00

474.90

349.90

370.00

61.65

55.69

48.57

60.21

40.05

11.36

8.98

9.78

5.81

9.24

Du Point Analysis

Return 0 n A ssets=Net P rofit M argin Average A sset T urnover

Description
Net Profit
Margin
Average Assets
Turnover
Return On Assets

2015/2014

2014/2013

2013/2012

2012/2011

2011/2010

5.37

5.94

5.76

9.81

10.78

0.94

0.93

1.26

1.29

1.00

5.05

5.52

7.26

12.65

10.78