Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 

Debt-Equity Ratio HUL 0 0 0 0 0

ITC 0 0 0 0 0
Dabur 0.05 0.07 0.07 0.05 0.04 0.12
Marico 0.03 0.04 0.04 0.06 0.1 0.1
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
Interest Cover Ratio HUL 86.77 305.36 365.25 291.73 397.4 0.08

ITC 239.27 318.78 154.76 343 201.67 0.06

Dabur 74.09 51.45 63.73 80.75 118.87 0.04
Marico 39.12 50.29 120.25 91.68 62.68
0.02
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
ROCE (%) HUL 91.93 94.87 90.96 86.63 98.38 0
Mar 20 
ITC 31.36 33.72 34.92 35.6 39.92
Dabur 31.31 34.44 32.59 36.28 42.5
Marico 34.58 34.94 30.94 39.86 35.47
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
 Gross Block HUL 26 24 22 20 20
ITC 44 43 42 40 41 450
Dabur 24 24 25 24 22 400
Marico 22 19 19 21 19 350
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
300
Net profit margin HUL 17 15 15 14 13
250
ITC 33.17 27.7 27.62 25.4 26.72
200
Dabur 17 17 18 17 16
Marico 14 15 13 14 12 150

ROE Mar 20  Mar 19  Mar 18  Mar 17  Mar 16  100
HUL 85.89 81.93 77.21 70.33 82.71 50
ITC 24.82 22.8 23.2 23.45 25.79 0
Mar 20 
Dabur 27.4 30.85 27.19 29.57 34.52
Marico 28.77 34.58 24.07 30.85 28.32

Acnt payables
HUL 7399 7070 7013 6006 5498
ITC 3446.74 3368.28 3382.28 2551.22 2265.59 35
Dabur 1032.45 998.32 960.62 914.5 931.34
Marico 709 715 586.65 476.24 483.52 30

25

20

15

10

0
Mar 20  M
 Debt-Equity Rati o ROC
0.12 120

0.1 100

0.08 80

0.06 60

0.04 40

0.02 20

0 0
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16  Mar 20  Mar 19  Mar 1

HUL ITC Dabur Marico HUL ITC

Interest cover rati o Gross Profi

450
50
400 45
350 40
300 35
250 30
200 25
150 20
100 15

50 10

0 5
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16  0
Mar 20  Mar 19  Mar

HUL ITC Dabur Marico HUL ITC

Net profi t margin ROE

35 100
90
30
80
25 70
60
20
50
15 40
30
10
20
5 10
0 0
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16  Mar 20  Mar 19  Mar

HUL ITC Dabur Marico HUL ITC

 30
10
20
5 10
0 0
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16  Mar 20  Mar 19  Mar

HUL ITC Dabur Marico HUL ITC

 ROCE

Mar 19  Mar 18  Mar 17  Mar 16 

HUL ITC Dabur Marico

Gross Profi t Margin

Mar 19  Mar 18  Mar 17  Mar 16 

HUL ITC Dabur Marico

ROE ratio

Mar 19  Mar 18  Mar 17  Mar 16 

HUL ITC Dabur Marico

Mar 19  Mar 18  Mar 17  Mar 16 

HUL ITC Dabur Marico

 Cu
2.5
2
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
P/E ratio HUL 1.5

ITC 13.97 29.17 27.82 33.39 31.57 1

Dabur 24 39 33 40 37 0.5
Marico 25 30 40 47 35 0
Mar 20  Mar 19 
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
Current Ratio HUL 1.14 1.03 0.92 0.96 0.92 HUL
ITC 1.61 1.4 1.47 1.79 1.59
Dabur 1.1 0.93 0.87 0.85 0.91
Marico 2.02 2.04 1.85 1.64 1.58
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
Inventory Turnover Ratio HUL 15.34 15.99 14.92 14.11 13.06 Inventory
ITC 5.99 6.18 5.87 6.77 6.35 18
16
Dabur 8.18 8.73 8.6 8.84 9.3
14
Marico 4.88 4.69 4.32 5.26 6.24 12
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16  10
8
Receivables Turnover Ratio HUL 28.53 27.11 33.95 34.63 36.27 6
ITC 16.31 15.25 19.42 28.48 30.48 4
Dabur 15.56 16.67 17.14 14.24 14.28 2
0
Marico 13.08 16.63 20.1 23.2 30.18 Mar 20  Mar 19 
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
HUL
Fixed Asset Turnover Ratio HUL 5.82 6.81 7.06 8.7 8.44
ITC 1.9 2.2 2.49 3.48 2.83
Dabur 3.36 3.64 3.48 4.01 4.81
Marico 5.61 7.14 7.66 8.27 7.6

Acnt payables
HUL 7399 7070 7013 6006 5498
ITC 3446.74 3368.28 3382.28 2551.22 2265.59
Dabur 1032.45 998.32 960.62 914.5 931.34
Marico 709 715 586.65 476.24 483.52

COGS HUL 11572 13240 12491 11363 11267

ITC 13121.76 13184.97 11756.21 11765.56 11054.75
Dabur 2449.37 2262.51 2060.26 1843.18 1847.75
Marico 2930 3463 3014.97 2347.14 2478.34
Paya
changes in inventories HUL -121 12 -71 156 87 6.0
ITC -176.34 -180.14 1041.85 644.17 58.17 5.0
Dabur 2449.37 2262.51 2060.26 1843.18 1847.75 4.0
3.0
2.0
1.0
 Paya
6.0
5.0
4.0
Marico 138 -101 -221.62 -47.44 37.06 3.0
2.0
1.0
purchases HUL 11451 13252 12420 11519 11354
0.0
ITC 12945.42 13004.83 12798.06 12409.73 11112.92 Mar 20  Mar 19 
Dabur 4898.74 4525.02 4120.52 3686.36 3695.5
HUL
Marico 3068 3362 2793.35 2299.7 2515.4

Payable turnover Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
HUL 1.5 1.9 1.8 1.9 2.1
ITC 3.8 3.9 3.8 4.9 4.9
Dabur 4.7 4.5 4.3 4.0 4.0
Marico 4.3 4.7 4.8 4.8 5.2
 Current ratio Recievable turnover rati
2.5 40
2 30
1.5 20
1
10
0.5
0
0 Mar 20  Mar 19  Mar 18  Mar 17 
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
HUL ITC Dabur Ma
HUL ITC Dabur Marico

Inventory Turnover rati o Fixed Asset Turnover r

18 10
16 9
14 8
12 7
10 6
8 5
6 4
4 3
2 2
0 1
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
0
Mar 20  Mar 19  Mar 18  Mar
HUL ITC Dabur Marico
HUL ITC Dabur

Payable turnover rati o

6.0
5.0
4.0
3.0
2.0
1.0
 Payable turnover rati o
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 

HUL ITC Dabur Marico

vable turnover rati o

19  Mar 18  Mar 17  Mar 16 

ITC Dabur Marico

d Asset Turnover rati o

ar 19  Mar 18  Mar 17  Mar 16 

HUL ITC Dabur Marico

Inventory Period Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
HUL 23.79 22.83 24.46 25.87 27.95
ITC 60.93 59.06 62.18 53.91 57.48
Dabur 44.62 41.81 42.44 41.29 39.25
Marico 74.80 77.83 84.49 69.39 58.49

Receivables Period Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
HUL 12.79 13.46 10.75 10.54 10.06
ITC 22.38 23.93 18.80 12.82 11.98
Dabur 23.46 21.90 21.30 25.63 25.56
Marico 27.91 21.95 18.16 15.73 12.09

Payable Period Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
HUL 235.84 194.73 206.10 190.31 176.75
ITC 97.18 94.54 96.46 75.04 74.41
Dabur 76.93 80.53 85.09 90.55 91.99
Marico 84.35 77.62 76.66 75.59 70.16

Operating cycle Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
HUL 36.59 36.29 35.21 36.41 38.01
ITC 83.31 83.00 80.98 66.73 69.46
Dabur 68.08 63.71 63.74 66.92 64.81
Marico 102.70 99.77 102.65 85.12 70.59

Cash Cycle Mar 20  Mar 19  Mar 18  Mar 17  Mar 16 
HUL -199.26 -158.44 -170.88 -153.90 -138.73
ITC -13.87 -11.54 -15.49 -8.31 -4.96
Dabur -8.85 -16.82 -21.36 -23.63 -27.18
Marico 18.35 22.15 25.99 9.54 0.43
 CASH CYCLE
50.00

0.00
Mar 20  Mar 19  Mar 18  Mar 17 

-50.00

-100.00

-150.00

-200.00

-250.00

HUL ITC Dabur Marico

LE

Mar 17  Mar 16 

Marico