TREND ANALYSIS - ACC Ltd.

Particulars 2014 2015 2016 2017 2018

RESULTS FOR THE
YEAR
Sales & Other Income 12006.49 11916.18 11271.05 13416.25 14939.85

Index 100 99.25 93.87 111.74 124.43

Earning Before Interest,
1775.54 1656.52 1529.71 2040.78 2183.13
Depreciation and Tax
Index 100 93.30 86.15 114.94 122.96
Earning Before Interest
1217.96 1004.46 924.55 1400.66 1583.49
and Tax
Index 100 82.47 75.91 115 130.01
Earning Before Tax 1135.20 937.14 851.68 1298.36 1494.29

Index 100 82.55 75.02 114.37 131.63

Profit After Tax 1168.29 591.57 602.40 915.45 1506.63

Index 100 50.64 51.56 78.36 128.96

Equity Dividend 223.78 254.25 254.25 254.20 519.16

Index 100 113.62 113.62 113.59 232.00

Equity Dividend (%) 119.03 135.24 135.24 135.24 276.22

Index 100 113.62 113.62 113.62 232.06

POSITION AT THE YEAR END

Gross Block 10892.28 11293.68 14011.38 8473.55 8866.45

Index 100 103.69 128.64 77.79 81.40

Net Block 5598.39 5284.98 7462.38 7241.02 7049.43

Index 100 94.40 133.30 129.34 125.92

Net Current Assets -850.39 -653.10 -815.95 1691.74 2855.92

Index 100 76.80 95.95 -198.94 -335.84

Net Worth 8235.61 8443.04 8661.44 9365.46 10527.66

Index 100 102.52 105.17 113.72 127.83

Share Capital 187.95 187.95 187.99 187.99 187.99

Reserves & Surplus 8047.66 8255.09 8473.45 9177.47 10339.67

Net current asset shoots up in the last two years in relation to increase in sales. Net worth
growth never in line with growth of gross block.Also their is high dividend distribution.

PBT decreases in 2015 and 2016 as their is decrease in sales and increase substantially in
2017 and 2018.
PAT increases from 2015 to 2018. In this case from 2014 to 2015 it decreases by
approximately 50% but it continuously increases from 2015 to 2018.

TREND ANALYSIS - Ambuja Cement Ltd.

Particulars 2014 2015 2016 2017 2018

RESULTS FOR THE
YEAR
Sales & Other Income 10407.10 9819.59 9706.85 10816.19 11731.74

Index 100 94.35 93.27 103.93 112.73

Earning Before Interest,
2357.42 1889.66 2202.56 2299.23 2266.44
Depreciation and Tax
Index 100 80.16 93.43 97.53 96.14
Earning Before Interest
1847.89 1264.00 1353.71 1726.31 1718.35
and Tax
Index 100 68.40 73.26 93.42 92.99

Earning Before Tax 1783.41 1172.21 1279.47 1619.12 1636.02

Index 100 65.73 71.74 90.79 91.74

Profit After Tax 1496.36 807.56 932.24 1249.57 1487.01

Index 100 53.97 62.30 83.51 99.38

Equity Dividend 628.10 346.07 346.07 475.32 344.48

Index 100 55.10 55.10 75.68 54.84

Equity Dividend (%) 202.64 111.49 87.14 119.68 86.74

Index 100 55.02 43.00 59.06 42.80

POSITION AT THE YEAR END

Gross Block 11362.17 11945.71 6552.11 6900.88 7367.83

Index 100 105.14 57.67 60.74 64.85

Net Block 6227.11 6092.03 5941.61 5721.99 5663.60

Index 100 97.83 95.42 91.89 90.95

Net Current Assets 1032.41 1597.27 1266.27 2032.72 2964.83

Index 100 154.71 122.65 196.89 287.18

 Net Worth 10103.33 10306.87 19356.87 19973.21 21012.53

Index 100 102.01 191.59 197.69 207.98

Share Capital 309.95 310.38 397.13 397.13 397.13

Reserves & Surplus 9793.38 9996.49 18959.74 19576.08 20615.40

Net current asset shoot up in every year despite of no significant sales growth in 2015 and
2016. Net worth growth never in line with growth of gross block. Low dividend distribution.
But net worth growth more than net block growth in the every year is a better indicator of
growth comparision.

PBT decreases in 2015 and 2016 as there is decrease in sales but there is decrease in PBT
eventhough sales is increasing by 2017 and 2018.

PAT decrease in 2014 but increasing from 2015 to 2018.