Balance Sheet of Chettinad

Cement

------------------ in Rs. Cr.

-----------------Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

12 mths

12 mths

Sources Of Funds
Total Share Capital

38.2

38.2

38.2

38.2

29.5

Equity Share Capital

38.2

38.2

38.2

38.2

29.5

Share Application Money

8.7

Preference Share Capital

1,240.30

1,157.40

1,042.21

887.51

825.52

1,278.50

1,195.60

1,080.41

925.71

863.72

Secured Loans

418.51

315.28

249.5

406.28

343.89

Unsecured Loans

349.37

568.78

739.78

489.78

414.98

Total Debt

767.88

884.06

989.28

896.06

758.87

2,046.38

2,079.66

2,069.69

1,821.77

1,622.59

Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

12 mths

12 mths

Application Of Funds
Gross Block

4,144.24

3,904.13

3,553.24

2,836.59

2,315.69

Less: Accum. Depreciation

2,475.03

2,176.96

1,809.62

1,462.81

1,167.89

Net Block

1,669.21

1,727.17

1,743.62

1,373.78

1,147.80

5.12

109.24

153.06

233.54

95.46

Reserves
Revaluation Reserves
Networth

Total Liabilities

Capital Work in Progress

Investments

0.58

0.58

0.58

Inventories

531.08

488.76

374.85

231.62

224.09

Sundry Debtors

224.86

213.2

173.91

106.57

72.51

Cash and Bank Balance

9.13

4.58

1.94

20.73

73.07

Total Current Assets

765.07

706.54

550.7

358.92

369.67

Loans and Advances

130.88

99.82

94.33

343.72

383.17

Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities

895.95

806.36

645.03

702.64

752.84

494.74

531.94

416.23

223.95

151.96

Provisions

29.16

31.17

56.37

264.82

222.13

Total CL & Provisions

523.9

563.11

472.6

488.77

374.09

Net Current Assets

372.05

243.25

172.43

213.87

378.75

2,046.38

2,079.66

2,069.69

1,821.77

1,622.59

Contingent Liabilities

245.01

102.44

211.88

448.76

318.74

Book Value (Rs)

334.69

312.99

282.84

242.34

289.8

Miscellaneous Expenses
Total Assets

Chettinad Cement

Previous Years

------------------- in
Rs. Cr. ------------Standalone Profit & Loss account
-----Mar '14

Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
Expenditure
Raw Materials
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Off
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)

Mar '13

Mar '12

Mar '11

Mar '10

12 mths

12 mths

12 mths

12 mths

12 mths

2,206.18
0
2,206.18
8.08
-12.51
2,201.75

2,450.78
0
2,450.78
6.47
23.69
2,480.94

2,347.30
287.4
2,059.90
8.75
40.7
2,109.35

1,766.28
220.7
1,545.58
55.56
-6
1,595.14

1,535.12
166.38
1,368.74
1.5
-9.94
1,360.30

507.02
611.33
116.76
52.55
0
430.18
0
1,717.84
Mar '14

609.34
666.53
121.95
0
0
448.36
0
1,846.18
Mar '13

432.72
564.68
103.06
19.17
0
299.22
0
1,418.85
Mar '12

329.8
426.82
80
19.47
208.43
8.11
0
1,072.63
Mar '11

270.97
310.57
64.54
20.05
172.86
8.1
0
847.09
Mar '10

12 mths

12 mths

12 mths

12 mths

12 mths

475.83
483.91
79.68
404.23
298.24
0
105.99
0
105.99
-0.05
106.04
1,210.82
0
19.1
3.25

628.29
634.76
106.05
528.71
371.49
0
157.22
0
157.22
19.68
137.54
1,236.84
0
19.09
3.26

681.75
690.5
92.49
598.01
346.81
0
251.2
0
251.2
63.2
188
986.13
0
28.65
4.65

466.95
522.51
64.57
457.94
362.87
0
95.07
0
95.07
19.9
75.17
742.83
0
19.1
3.17

511.71
513.21
77.91
435.3
308.08
0
127.22
11.2
138.42
30.59
96.63
576.12
0
0
0

381.99
27.76
50
334.69

381.99
36.01
50
312.99

381.99
49.22
75
282.84

381.99
19.68
50
242.34

295.03
32.75
0
289.8

Key Financial Ratios of Chettinad Cement

Mar '14

Mar '13

Mar '12

Mar '11

10
5

10

10

10

7.5

Operating Profit Per Share (Rs)

Net Operating Profit Per Share (Rs)

124.57

164.48

178.47

122.24

577.55

641.58

539.25

404.61

--

--

--

126.54

Bonus in Equity Capital

11.03

11.03

11.03

11.03

Profitability Ratios
Operating Profit Margin(%)

21.56

25.63

33.09

30.21

Profit Before Interest And Tax Margin(%)

8.02

10.45

16.19

6.72

Gross Profit Margin(%)

8.04

10.47

16.26

6.73

Cash Profit Margin(%)

18.25

20.71

25.85

24.8

Adjusted Cash Margin(%)

18.25

20.71

25.85

24.8

Net Profit Margin(%)

4.78

5.59

9.08

4.85

Adjusted Net Profit Margin(%)

4.78

5.59

9.08

4.85

Return On Capital Employed(%)

9.07

12.65

16.6

5.77

Return On Net Worth(%)

8.29

11.5

17.4

8.12

Investment Valuation Ratios

Face Value
Dividend Per Share

Free Reserves Per Share (Rs)

Adjusted Return on Net Worth(%)

8.29

11.5

17.4

2.24

Return on Assets Excluding Revaluations

334.69

312.99

282.84

242.34

Return on Assets Including Revaluations

334.69

312.99

282.84

242.34

Return on Long Term Funds(%)

10.84

15.56

23.34

6.84

Liquidity And Solvency Ratios

Current Ratio

0.85

0.82

0.56

0.9

Quick Ratio

0.7

0.56

0.57

0.96

Debt Equity Ratio

0.6

0.74

0.92

0.97

Long Term Debt Equity Ratio

0.34

0.41

0.36

0.66

Debt Coverage Ratios

Interest Cover

2.33

2.48

3.72

1.67

Total Debt to Owners Fund

0.6

0.74

0.92

0.97

Financial Charges Coverage Ratio

6.07

5.99

7.47

7.25

Financial Charges Coverage Ratio Post Tax

6.07

5.8

6.78

7.78

Management Efficiency Ratios

Inventory Turnover Ratio

4.15

5.01

6.26

22.59

Debtors Turnover Ratio

10.07

12.66

14.69

17.26

Investments Turnover Ratio

4.15

5.01

6.26

22.59

Fixed Assets Turnover Ratio

0.53

0.63

0.58

0.55

Total Assets Turnover Ratio

1.08

1.18

0.85

Asset Turnover Ratio

1.07

1.18

1.06

0.9

Average Raw Material Holding

--

--

--

50.61

Average Finished Goods Held

--

--

--

6.42

Number of Days In Working Capital

62.78

35.73

Profit & Loss Account Ratios

Material
Composition
ImportedCost
Composition
of Raw Materials

22.98

Consumed

13.59

Selling Distribution Cost Composition

Expenses as Composition of Total Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit
Dividend Payout Ratio Cash Profit

30.13

49.82

24.86

21

21.33

17.14

11.12

2.15

--

--

--

11.28

0.1

0.16

0.09

0.15

18.01

16.24

17.71

29.62

4.72

4.39

6.22

5.08

Earning Retention Ratio

81.99

83.76

82.29

-7.32

Cash Earning Retention Ratio

95.28

95.61

93.78

94.2

1.9

1.74

1.85

2.34

Mar '14

Mar '13

Mar '12

Mar '11

AdjustedCash Flow Times

Earnings Per Share

Book Value

27.76

36.01

49.22

19.68

334.69

312.99

282.84

242.34

Mar '10

10
-173.44
463.93
145.91
14.29
37.38
14.86
14.87
29.53
29.53
7.05
7.05
12.64
11.3
11.3
289.8
289.8
15.36
1.03
1.41
0.89
0.56
2.67
0.89
6.59
6.19
17.78
24.62
17.78
0.59
0.85
0.92
66.14
5.59

99.62
19.79
-10.82
---100
100
1.88

Mar '10
32.75
289.8