2021

Sales 6180.59
EBIT 2397.05
EBT 878.28

2021
Change in Sales -20.01%
Change in EBIT -14.96%

2021
DOL 1.34
DFL 2.73
DCL 3.65

DOL
30.00 3.00

25.00
2.50
20.00
2.00
15.00

10.00 1.50

5.00 1.00

0.00
2 02 1 2020 2 01 9 2 0 18 0.50
-5.00
0.00
-10.00 2021 2 0 20
 2020 2019 2018 2017
7726.39 8255.25 7536.59 6924.16
2818.66 2825.94 2860.18 2640.44
1308.28 1325.59 1428.8 1321.68
Chart Title
2020 2019 2018 60.00
-6.41% 9.54% 8.84% 50.00
-0.26% -1.20% 8.32% 40.00
30.00
2020 2019 2018 20.00
24.87 -7.97 1.06 10.00
2.15 2.13 2.00
0.00
53.58 -16.98 2.13 2021 2020 2019
-10.00
-20.00
-30.00

DOL DFL DCL

DFL DCL
3.00 60.00

50.00
2.50
40.00
2.00 30.00

20.00
1.50
10.00
1.00
0.00
2021 2 02 0
0.50 -10.00

-20.00
0.00
2021 2 0 20 2019 2 01 8 -30.00
 Chart Title

2020 2019 2018

DOL DFL DCL

DCL

1 2 02 0 2019 2 01 8
 2021 2020 2019 2018
Net Income 6,050.40 7,529.36 8,117.57 7,396.54
Total Asset 37,142.78 31,299.61 31,171.12 26,938.83
Shareholder Equity 16,878.56 13,761.97 14,189.60 12,988.53
Total Current Liabilities 10,547.62 11,586.50 12,667.17 13,159.38
EBIT 2397.05 2818.66 2825.94 2860.18
Net Sales 6,050.40 7,529.36 8,117.57 7,396.54
COGS 258.18 214 248.23 279.88

2021 2020 2019 2018

ROA 0.16 0.24 0.26 0.27
ROE 0.36 0.55 0.57 0.57
ROCE 0.09 0.14 0.15 0.21
GPM 22.43 34.18 31.70 25.43

ROA RO
0.30 0.70

0.25 0.60

0.50
0.20
0.40
0.15
0.30
0.10
0.20

0.05 0.10

0.00 0.00
2 02 1 2 0 20 2019 2 0 18 2017 2 01 7 2 01 8

G
40.00

35.00

30.00

25.00

20.00

15.00

10.00

5.00

0.00
2021 2 0 20
10.00

5.00

0.00
2021 2 0 20
 2017
6,784.68 Chart Title
29,331.81 40.00
16,591.97
35.00
11,998.15
30.00
2640.44
6,784.68 25.00
221.3 20.00
15.00
2017 10.00
0.23
5.00
0.41
0.15 0.00
2021 2020 2019 2018
29.66
ROA ROE ROCE GPM

ROE ROCE
0.70 0.25

0.60
0.20
0.50

0.15
0.40

0.30
0.10

0.20
0.05
0.10

0.00 0.00
2 01 7 2 01 8 2 01 9 2020 20 2 1 2021 2 02 0 2 0 19 201

GPM
40.00

35.00

30.00

25.00

20.00

15.00

10.00

5.00

0.00
2021 2 0 20 2019 2018 2017
10.00

5.00

0.00
2021 2 0 20 2019 2018 2017
Chart Title

2019 2018 2017

ROE ROCE GPM

ROCE

02 0 2 0 19 2018 2017
 2021 2020 2019 2018
Inventory 632.94 635.01 579.51 474.22
Cost of Material Consumed 39.34 36.61 23.58 71.04
Trade receivable 910.87 1,108.68 1,256.44 972.05
Trade Payable 1,137.00 1,001.87 1,102.14 1,105.68
Total Revenue 7,429.55 8,309.01 8,771.60 8,465.93
Total Current Asset 5,244.83 5,887.58 7,025.84 7,668.99
Total Current Liabilities 10,547.62 11,586.50 12,667.17 13,159.38

2021 2020 2019 2018

Inventory Turnover Ratio 5882.08 6054.35 8155.46 2942.27
Accounts Receivable 49.61 51.95 46.37 47.57
Accounts Payable 9922.31 10488.44 17087.67 6298.90
Current Ratio 0.50 0.51 0.55 0.58
Acid Test Ratio 0.44 0.45 0.51 0.55
Operating Cycle 5931.68 6106.30 8201.82 2989.85
Cash Cycle -3990.63 -4382.14 -8885.84 -3309.05
Change in Current Asset -0.11 -0.16 -0.08 0.23
Change in Current Liabilities -0.09 -0.09 -0.04 0.10

Accounts Payable Current Rati o & Q

18000.00 0.70
16000.00 0.60
14000.00
0.50
12000.00
0.40
10000.00
0.30
8000.00
0.20
6000.00
0.10
4000.00
2000.00 0.00
2021 2020 2019
0.00
2021 2 02 0 2019 2 0 18 2017 Current Ratio

Asset & Liab

1.00

0.80
 Asset & Liab
1.00

0.80

0.60

0.40

0.20

0.00
2021 2020 2019
-0.20

-0.40

Change in Current Asset

 2017 2016
671.09 Inventory Turnover Rati o
96.94 9000.00
1,234.82 8000.00
1,346.23
7000.00
7,918.88
6000.00
6,222.91 4,897.36
11,998.15 6,841.47 5000.00
4000.00
3000.00
2000.00
1000.00
2017
1263.40 0.00
2021 2 0 20 2019 2 01 8 2
28.46
2534.42 Accounts Receivable
0.52 60.00
0.46
1291.86 50.00
-1242.57
0.27 40.00
0.75
30.00

20.00

10.00

0.00
2 02 1 2 0 20 2 01 9 2 0 18 2

Current Rati o & Quick Rati o Cash Cycle

10000.00
8000.00
6000.00
4000.00
2000.00
0.00
2021 2020 2019 2018 2
-2000.00
-4000.00
-6000.00
-8000.00
1 2020 2019 2018 2017 -10000.00

Current Ratio Acid Test Ratio Operating Cycle Cash Cycle

Asset & Liabiliti es

 Asset & Liabiliti es

21 2020 2019 2018 2017

Change in Current Asset Change in Current Liabilities

rnover Rati o

2019 2 01 8 2017

eceivable

01 9 2 0 18 2017

Cycle

2019 2018 2017

e Cash Cycle
 2021 2020 2019 2018 2017
Total Current Liabilities 6,841.47 6,268.76 7,604.21 4,560.95 3,797.79
Non- Current Liabilities 10,922.69 10,064.44 8,307.46 9,771.06 7,862.50
Shareholder Funds 15,350.46 15,727.99 13,127.36 12,260.85 11,957.42

2021 2020 2019 2018 2017

D/E Ratio 1.16 1.04 1.21 1.17 0.98
Non- Current Liabilities 10,922.69 10,064.44 8,307.46 9,771.06 7,862.50
Shareholder Funds 15,350.46 15,727.99 13,127.36 12,260.85 11,957.42

Shareholder Funds

15,350.46 15,727.99

13,127.36
12,260.8

1 2 3 4
 D/E Rati o

1.21
1.16 1.17
1.04
0.98

2021 2020 2019 2018 2017

Non- Current Liabiliti es

10,922.69
Shareholder Funds 10,064.44 9,771.06

8,307.46
7,862.50
7.99

13,127.36
12,260.85 11,957.42

1 2 3 4 5

3 4 5
1.17

0.98

018 2017

ti es

71.06

7,862.50

4 5
Announcem Dividend Dividend Dividend
Ex-Date
ent Date Type (%) (Rs)
5/12/2021 6/17/2021 Final 155 1.55
5/19/2020 7/14/2020 Final 155 1.55
5/2/2019 6/4/2019 Final 130 1.3
5/2/2018 7/12/2018 Final 130 1.3
5/19/2017 8/10/2017 Final 130 1.3
5/24/2016 9/7/2016 Final 130 1.3
 Dividend (%)

155 155

130 130 130 130

9/1/2016 7/1/2017 5/1/2018 3/1/2019 1/1/2020 11/1/2020