Ratio Analysis:

Modern Dairies financial data of balance sheet and Profit and loss A/c (2009-2019)

Particulars 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-2018 2018-2019
Sales/operating 438781 468069400 493301600 585180000 640491100 626733200 497150000 457720000 466810800 560287200
income 4000 0 0 0 0 0 0 0 0 0
400053 433047400 469318000 540986300 575412600 561370700 409076100 199073910 239876543 501688200
COGS
4000 0 0 0 0 0 0 0 6 0
210000
Tax 21983000 646000 646000 1412000 17073000 1283000 1587000 2879000 3097000
00
Operating 256262 271982828
350235000 483613600 561626500 642631200 650695100 173000000 55400000 279876350
expenses 000 0
366428
Inventories 381602000 515603000 755148000 788845000 743989000 45378700 360389000 159766000 137793000
000
640097 119015700 121612200 115950400
Current assets 707002000 750071000 926794000 741595000 312864000 512972000
000 0 0 0
Current 261480 112936000 106049300 134958700 146534400 216459300
223028000 807145000 114044900 206591000
liabilities 000 0 0 0 0 0
Pre-paid
305000 314000 2810000 2939000 4996000 3003000 3157000 2508000 2950000 1711000
expenses
710440
Depreciation 72312000 69673000 66306000 70061000 48080000 49000000 48600000 51400000 52700000
00
387280 258646090 226934256
Gross profit 350220000 239836000 441937000 650785000 653625000 880739000 585990000
000 0 4
652158 106441900 115566500 109959600
Long term loans 661030000 971207000 21851000 23753000 83508000 78039000
000 0 0 0
No. of Equity 233588
23358861 23358861 23358861 23319861 23319861 10654779 10654779 233198161 233198161
share 61
558305
Equity fund 558305000 197185000 207508000 113061000 336865000 579220000 712861000 878593000 233589000
000
Reserves and 324716 111317300
324716000 430700000 441097000 346650000 570454000 812809000 946450000 113173000
surplus 000 0
237288 673361000 503956400
Opening stock 312897000 25831000 22125000 40129000 38406000 37598000 353063000
000 0 0
312897 503956400
Closing stock 308065000 22125000 34875000 42271000 37598000 264478000 87965000 22682000
000 0
Purchase during 407614 432564200 468947500 542621300 575626800 561289900 431764100 172564110 256763542 245398739
year 3000 0 0 0 0 0 0 0 00 80
158338 180865100 167984100 210370300 199194300 207177700 174103400 151439600 116862600 135588000
Total assets
7000 0 0 0 0 0 0 0 0 0
158338 180865100 167984100 210370300 199194300 207177700 174103400 151439600 116862600 135588000
Total liabilities
7000 0 0 0 0 0 0 0 0 0
112714
Other expenses 100757000 432058000 301892000 397973000 391601000 312757000 290708000 294199000 333218000
000
274566 229575290 527980009 512787659
EBITDA 249463000 24988300 251023000 252812000 262024000 567982000
000 0 0 0
203522 224715290 456372870 467896150
EBIT 177151000 188141000 184717000 182751000 213944000 518982000
000 0 0 0
182421 440054900
EAT 153320000 187394900 183970900 181238900 196770900 242355000 133641000 256789090
900 0
 Modern Dairies (Ratios)
2016-
Ratios Formula 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2017-18 2018-19
17
(current assets- inventory-
Quick ratio 1.05 1.46 0.29 0.38 0.40 0.31 0.60 0.52 0.73 0.17
PPE)/current liabilities
Gross profit
gross profit/sales 8.83 7.48 4.86 7.55 10.16 10.43 17.72 56.51 48.61 35.75
ratio (%)
Net profit ratio PAT/total income(sales) 0.04 0.03 0.04 0.03 0.03 0.03 0.05 0.03 0.06 0.04
Return on Profit after
0.33 0.27 0.95 0.89 1.60 0.58 0.42 0.19 0.29 0.38
equity tax/Shareholder's fund
Operating ratio EBIT/total income 0.05 0.04 0.04 0.03 0.03 0.03 0.10 0.49 0.98 0.84
Debt equity
borrowed fund/equity fund 1.17 1.18 5.40 5.57 9.73 2.88 0.04 0.03 0.10 0.33
ratio
Inventory
COGS/inventories 10.92 11.35 9.10 7.16 7.29 7.55 90.15 5.52 15.01 36.41
turnover ratio
Total assets
Sales/total assets 2.77 2.59 2.94 2.78 3.22 3.03 2.86 3.02 3.99 4.13
turnover ratio
Earnings per
PAT/number of share 7.81 6.56 8.02 7.88 7.77 8.44 22.75 12.54 1.10 18.87
share
Cash operating
EBITDA/total income 0.06 0.05 0.01 0.04 0.04 0.04 0.11 0.50 1.13 0.92
margin
Operating Operating
5.84 7.48 9.80 9.60 10.03 10.38 3.48 1.21 6.00 8.54
expense ratio expenses/sales*100
Proprietary Shareholder's Equity/Total
0.35 0.31 0.12 0.10 0.06 0.16 0.33 0.47 0.75 0.87
ratio Assets
Trend Analysis:

Particualrs 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-2018 2018-2019
Sales/operating income 100 106.67 112.43 133.36 109.45 142.83 113.30 104.32 106.39 127.69
COGS 100 108.25 117.31 135.23 143.83 140.32 102.26 49.76 59.96 125.41
Tax 100 1046.81 30.76 30.76 67.24 813.00 61.10 75.57 137.10 147.48
Operating expensese 100 136.67 188.72 219.16 250.77 253.92 67.51 21.62 109.21 1061.35
Inventories 100 104.14 140.71 206.08 215.28 203.04 12.38 98.35 43.60 37.60
Current assets 100 110.45 117.18 185.93 189.99 181.15 144.79 115.86 48.88 80.14
Current liabilities 100 85.29 308.68 431.91 405.57 516.13 560.40 43.62 79.01 827.82
Pre-paid expenses 100 102.95 921.31 963.61 1638.03 984.59 1035.08 822.30 967.21 560.98
Depreciation 100 101.78 98.07 93.33 98.62 67.68 68.97 68.41 72.35 74.18
Gross profit 100 90.43 61.93 114.11 168.04 168.77 227.42 667.85 585.97 151.31
Long term loans 100 101.36 163.21 177.21 168.61 148.92 3.35 3.64 12.80 11.97
No. of Equity share 100 100.00 100.00 100.00 99.83 99.83 45.61 45.61 998.33 998.33
Equity fund 100 100.00 35.32 37.17 20.25 60.34 103.75 127.68 157.37 41.84
Reserves and surplus 100 100.00 132.64 135.84 106.75 175.68 250.31 291.47 342.81 34.85
Opening stock 100 131.86 10.89 9.32 16.91 16.19 15.84 148.79 2837.74 2123.82
Closing stock 100 98.46 7.07 11.15 13.51 12.02 84.53 28.11 1610.61 7.25
Purchase during year 100 106.12 115.05 133.12 141.22 137.70 105.92 42.34 629.92 602.04
Total assets 100 114.23 106.09 132.86 125.80 130.84 109.96 95.64 73.81 85.63
Total liabilities 100 114.23 106.09 132.86 125.80 130.84 109.96 95.64 73.81 85.63
Other expenses 100 89.39 383.32 267.84 353.08 347.43 277.48 257.92 261.01 295.63
EBITDA 100 90.86 9.10 91.43 92.08 95.43 206.87 836.14 1922.96 1867.63
EBIT 100 87.04 92.44 90.76 89.79 105.12 255.00 1104.13 2242.38 2299.00
EAT 100 76.16 93.08 91.38 90.02 97.74 120.38 66.38 127.55 2185.83