Segment Wise

2011
Growth%
2012
Growth%
2013
Growth%
2014
Growth%
FMCG - Cigarettes 20721.27 14.41% 23232.32
12%
27136.12
18%
30417.58 12.09%
FMCG Total
25225.3 15.85% 28796.04 14.15% 34173.83 18.70% 38558.52 12.80%
% Revenue
from Cigarettes
82.14%
80.70%
79.40%
78.90%
Income
Expenditure
Raw Materials
Power & Fuel cost
Employee Cost

23383.52

27395.52

32761.98

36400.77

8656.51

9970.96

12602.3

13597.83

446.64
1708.5

476.74
1935.11

579.98
2145.63

644.96
2504.24

0
0
5018.58
0
17401.39

0
0
5382.13
0
20710.04

0
0
5630.9
0
22377.93

Other Manufacturing Expenses

0
Selling and Admin Expenses 0
Misc expenses
4366.98
Pre-operative Expense Capitalised
0
Total Expenses
15178.63

Operating Profit

7668.79

9209.78

11174.34

13051.89

Profit Before Tax

7434.87

9168.15

11105.65

13051.5

Reported Net Profit 5069.42

6322.39

7693.58

8990.62

16,950.33

2015E
34676.04
43498.04
79.72%

Income
Expenditure
Raw Materials
Power & Fuel cost
Employee Cost
Other Manufacturing
Expenses
Selling and Admin
Expenses
Misc expenses
Pre-operative
Expense Capitalised
Total Expenses

2010 Growth% 2011

19646
15.9
23383.5

7077.2
410.37
1467.9

8656.51
446.64
1708.5

422.31

2278.6
1142.9

0
4366.98

-75.31
12724

0
15178.6

Operating Profit

6358.3

7668.79

Profit Before Tax

6255

7434.87

Reported Net Profit

4210.8

5069.42

Advertising and Sales

Promotion

511.97

654.55

% of Revenue spent
on Advertising and sales
promotion

Parameters
Revenue from Operations
Expenditure
Cost of Material Consumed
Purchase of Stock-in-trade
Changes in Inventories
Employee Benefit Expense

2010

Growth%

2011
22574.7

7077.2

7136.87
1296.83
-272.72

1467.9

1708.5

Finance Cost
Depreciation and
amortization expense
Other Expenses

422.31

70.93

2278.6
1142.9

699.09
5036.43

Total Expenses

12724

15675.9

Operating Profit

6358.3

7668.79

Profit Before Tax

6255

7434.87

Reported Net Profit

4210.8

5017.93

Advertising and Sales

Promotion

511.97

654.55

% of revenue spent on
advertising and sales

2.90%

Growth%
19.03

2012 Growth% 2013 Growth%

2014
2015E
27395.5 17.16 32761.98 19.59 36400.77 42923.79

9970.96
476.74
1935.11

12602.3
579.98
2145.63

13597.83
644.96
2504.24

0
5018.58

0
5382.13

0
5630.9

0
17401.4

14.64

0
20710.04

19.01

0
22377.93

20.6108875 9209.78

20.09

11174.34

21.33

13051.89

18.8628297 9168.15

23.31

11105.65

21.13

13051.5

20.3914714 6322.39

24.72

7693.58

21.69

8990.62

19.29

682.69

Growth%
16.04%

806.65

795.89

2012 Growth% 2013 Growth%

2014
2015E
26551.8 17.62% 31627.54 19.12% 35317.08 41532.88

0.84

7810.52
1921.18
-86.42

9.44
48.14
-68.31

9069.82
3305.23
-256.84

16.4

1944.28

13.80

2145.63

16.12 10376.05 11289.14

72.04 2976.98 4765.936
197.20 -112.74
-152
10.36 2504.24

2842.713

Avg Growth
Rate %

8.8
60.09

13.52

-83.20

80.5

13.49

87.81

-69.32
340.7

745.48
5752.48

6.64
14.22

859.11
6189.36

23.20

18168

15.90

21399.49

20.61

9209.78

20.09

18.86

9168.15

19.17

27.85

5.082594

-20.21

812.3324
7232.064

-15.81
10.91

17.79

23236.48 27642.47

18.96

11174.34

21.33

13051.89 15750.87

20.68

23.31

11105.65

21.13

13051.5

15805.74

21.10

6258.14

24.72

7608.07

21.57

8990.62

10952.22

21.82

710.09

8.49

17.48

825.81

1096.468

2.67%

834.23

2.64%

9.08

6.37

15.24 964.92
7.59 6520.66

2.34%

2.64%

Average Growth Rate over last year

17.92