Financial Ratios of

Adani Group

 
 
  Mar- Mar-07 Mar-08 Mar-09 Mar-10      
06

 
Investment Valuation Ratios              

Face Value 1 1 1 1 1      
Dividend Per Share 0.45 0.45 0.6 1 1      
Operating Profit Per Share (Rs) 11.91 10.49 11.13 14.34 8.77      
Net Operating Profit Per Share 412.77 408.2 461.67 459.48 229.58      
(Rs)
Free Reserves Per Share (Rs) 32.62 38.52 52.05 64.65 38.51      
Bonus in Equity Capital 75.33 69.12 69.12 69.09 84.01      
Profitability Ratios              

Operating Profit Margin(%) 2.88 2.57 2.41 3.12 4.96      

Profit Before Interest And Tax 2.76 2.43 2.22 2.9 4.84      
Margin(%)
Gross Profit Margin(%) 2.81 1.61 2.31 3.01 4.85      
Cash Profit Margin(%) 1.26 1.52 2.31 2.5 2.23      
Adjusted Cash Margin(%) 2.08 0.86 2.31 2.5 3.19      
Net Profit Margin(%) 1.22 1.46 2.64 2.77 2.16      
Adjusted Net Profit Margin(%) 2.05 0.79 2.64 2.77 2.19      
Return On Capital Employed(%) 27.23 12.53 15.79 16.1 10.89      
Return On Net Worth(%) 15.36 14.43 23.36 19.86 12.92      
Adjusted Return on Net 25.66 7.85 19.55 17.17 18.36      
Worth(%)
Return on Assets Excluding 2.93 42.36 54.27 66.63 39.51      
Revaluations
Return on Assets Including 2.93 42.36 54.27 66.63 39.51      
Revaluations
Return on Long Term Funds(%) 30 13.33 16.15 24.66 24.33      
Liquidity And Solvency Ratios              

Current Ratio 1.55 2.14 2 1.19 1.08      

Quick Ratio 1.7 2.55 1.77 2.15 2.29      
Debt Equity Ratio 1.71 2.9 2.29 1.95 1.76      
Long Term Debt Equity Ratio 1.46 2.66 2.22 1.89 1.76      
Debt Coverage Ratios              

Interest Cover 1.89 1.45 1.88 1.87 1.91      

Total Debt to Owners Fund 1.71 2.9 2.29 1.95 1.76      
Financial Charges Coverage 1.72 1.36 1.81 1.76 2.25      
Ratio
Financial Charges Coverage 1.36 1.41 1.83 1.75 1.82      
Ratio Post Tax
Management Efficiency Ratios              

Inventory Turnover Ratio 24.82 25.88 12.44 34.18 43.53      

Debtors Turnover Ratio 4.26 5.16 7.89 7.62 7.41      
Investments Turnover Ratio 24.04 25.23 12.44 34.18 42.96      
Fixed Assets Turnover Ratio 73.64 43.33 49.37 45.32 56.96      
Total Assets Turnover Ratio 4.47 2.47 2.59 2.34 2.13      
Asset Turnover Ratio 114.32 45.2 49.37 45.32 57.1      
                 
Average Raw Material Holding 46.57 12.53 32.77 9.24 1.82      
Average Finished Goods Held 13.31 13.12 27.89 10.03 7.85      
Number of Days In Working 67.36 112.74 84.98 78.51 89.63      
Capital
Profit & Loss Account Ratios              

Material Cost Composition 94.4 94.42 97.65 87.43 90.88      

Imported Composition of Raw 90.14 71.08 1.09 72.38 96.5      
Materials Consumed
Selling Distribution Cost 1.74 2.13 2.81 2.88 3.66      
Composition
Expenses as Composition of 28.16 35.99 52.29 54.16 32.43      
Total Sales
Cash Flow Indicator Ratios              

Dividend Payout Ratio Net Profit 9.84 8.58 5.53 8.84 22.82      
Dividend Payout Ratio Cash 9.58 8.2 5.34 8.52 21.73      
Profit
Earning Retention Ratio 94.11 84.24 93.39 89.78 83.94      
Cash Earning Retention Ratio 94.21 85.47 93.66 90.2 84.49      
AdjustedCash Flow Times 6.57 34.01 11.22 10.89 9.28      

 
Earnings Per Share 5.23 6.11 12.68 13.24 5.11      
Book Value 34.06 42.36 54.27 66.63 39.56