Historical Financial Statement - ADANI ENTER

Years Mar-14 Mar-15 Mar-16 Mar-17

# Income Statement
Sales ₹ 54,947.2 ₹ 64,465.4 ₹ 34,008.4 ₹ 36,532.9
Sales Growth - 17.32% -47.25% 7.42%

COGS ₹ 42,218.3 ₹ 48,247.9 ₹ 30,664.2 ₹ 33,410.8

COGS % Sales 76.83% 74.84% 90.17% 91.45%

Gross Profit ₹ 12,728.89 ₹ 16,217.51 ₹ 3,344.18 ₹ 3,122.05

Gross Margins 23.17% 25.16% 9.83% 8.55%

Selling & General Expenses ₹ 3,346.11 ₹ 3,767.61 ₹ 1,660.59 ₹ 1,219.82

S&G Exp % Sales 6.09% 5.84% 4.88% 3.34%

EBITDA ₹ 9,382.78 ₹ 12,449.90 ₹ 1,683.59 ₹ 1,902.23

EBITDA Margins 17.08% 19.31% 4.95% 5.21%

Interest ₹ 5,703.04 ₹ 7,056.29 ₹ 1,356.99 ₹ 1,257.31

Interest % Sales 10.38% 10.95% 3.99% 3.44%

Depreciation ₹ 3,223.07 ₹ 3,521.86 ₹ 314.45 ₹ 315.46

Depreciation%Sales 5.87% 5.46% 0.92% 0.86%

Earnings Before Tax ₹ 456.67 ₹ 1,871.75 ₹ 12.15 ₹ 329.46

EBT % Sales 0.83% 2.90% 0.04% 0.90%

Tax (₹ 1,031.9) ₹ 365.4 ₹ 77.9 ₹ 271.2

Effective Tax Rate -225.97% 19.52% 641.48% 82.30%

Net Profit ₹ 1,488.6 ₹ 1,506.4 (₹ 65.8) ₹ 58.3

Net Margins 2.71% 2.34% -0.19% 0.16%

No of Equity Shares 109.98 109.98 109.98 109.98

Earnings per Share ₹ 13.54 ₹ 13.70 -₹ 0.60 ₹ 0.53

EPS Growth % 1.19% -104.37% -188.63%

Dividend per Share ₹ 1.4 ₹ 1.4 ₹ 0.4 ₹ 0.4

Dividend payout ratio 10.34% 10.22% -66.86% 75.44%

Retained Earnings 89.66% 89.78% 0.00% 24.56%

# Balance Sheet
Equity Share Capital ₹ 110.0 ₹ 110.0 ₹ 110.0 ₹ 110.0
Reserves ₹ 23,647.2 ₹ 25,617.8 ₹ 13,267.6 ₹ 14,026.0
Borrowings ₹ 71,979.9 ₹ 83,570.6 ₹ 19,169.4 ₹ 20,845.7
Other Liabilities ₹ 22,364.8 ₹ 21,419.7 ₹ 9,132.4 ₹ 12,629.8
Total Liabilities ₹ 118,101.9 ₹ 130,718.2 ₹ 41,679.4 ₹ 47,611.5

Fixed Assets Net Block ₹ 70,578.7 ₹ 83,834.0 ₹ 10,473.3 ₹ 13,668.0

Capital Work in Progress ₹ 13,573.6 ₹ 6,733.0 ₹ 7,704.9 ₹ 7,731.5
Investments ₹ 288.4 ₹ 744.1 ₹ 805.0 ₹ 1,041.8
Other Assets ₹ 15,903.5 ₹ 16,355.1 ₹ 9,669.4 ₹ 9,061.5
Total Non Current Assets ₹ 100,344.2 ₹ 107,666.3 ₹ 28,652.6 ₹ 31,502.7

Receivables ₹ 10,112.5 ₹ 15,319.2 ₹ 10,187.5 ₹ 12,741.8

Inventory ₹ 3,924.1 ₹ 4,081.7 ₹ 1,299.8 ₹ 1,651.9
Cash & Bank ₹ 3,721.1 ₹ 3,651.0 ₹ 1,539.5 ₹ 1,715.1
Total Current Assets ₹ 17,757.7 ₹ 23,051.9 ₹ 13,026.7 ₹ 16,108.7

Total Assets ₹ 118,101.9 ₹ 130,718.2 ₹ 41,679.4 ₹ 47,611.5

Check 1 TRUE TRUE TRUE

# Cash Flow Statements

Operating Activities
Profit from operations ₹ 24,406.0 ₹ 36,303.0 ₹ 43,397.0 ₹ 38,626.0
Receivables (₹ 5,177.0) ₹ 445.0 (₹ 3,179.0) (₹ 2,223.0)
Inventory (₹ 2,656.0) (₹ 2,853.0) (₹ 3,692.0) (₹ 5,743.0)
Payables ₹ 8,132.0 ₹ 4,694.0 ₹ 3,598.0 ₹ 3,947.0
Loans Advances - - - (₹ 520.0)
Other WC items (₹ 303.0) ₹ 1,870.0 (₹ 398.0) ₹ 5,852.0
Working capital changes (₹ 3.0) ₹ 4,157.0 (₹ 3,672.0) ₹ 1,313.0
Direct taxes (₹ 2,240.0) (₹ 4,308.0) (₹ 4,194.0) (₹ 2,040.0)
Cash from Operating Activities ₹ 22,159.0 ₹ 40,308.0 ₹ 31,860.0 ₹ 39,212.0

Investing Activities
Fixed assets purchased (₹ 18,863.0) (₹ 26,975.0) (₹ 31,962.0) (₹ 31,503.0)
Fixed assets sold ₹ 37.0 ₹ 50.0 ₹ 74.0 ₹ 59.0
Investments purchased ₹ 73.0 (₹ 429.0) (₹ 5,461.0) (₹ 4,728.0)
Investments sold ₹ 34.0 ₹ 4.0 ₹ 42.0 ₹ 89.0
Interest received ₹ 713.0 ₹ 653.0 ₹ 698.0 ₹ 731.0
Dividends received ₹ 95.0 ₹ 40.0 ₹ 80.0 ₹ 58.0
Invest in subsidiaries - - - -
Investment in group cos - - (₹ 160.0) -
Redemp n Canc of Shares - - - -
Acquisition of companies - (₹ 185.0) - (₹ 111.0)
Inter corporate deposits ₹ 45.0 - - -
Other investing items (₹ 5,103.0) (₹ 1,149.0) ₹ 456.0 (₹ 1,289.0)
Cash from Investing Activities (₹ 22,969.0) (₹ 27,991.0) (₹ 36,233.0) (₹ 36,694.0)

Financing Activities
Proceeds from shares ₹ 1.0 - - ₹ 7,433.0
Redemption of debentures (₹ 97.0) (₹ 658.0) (₹ 744.0) -
Proceeds from borrowings ₹ 27,863.0 ₹ 33,258.0 ₹ 36,363.0 ₹ 19,519.0
Repayment of borrowings (₹ 20,395.0) (₹ 29,141.0) (₹ 23,332.0) (₹ 24,924.0)
Proceeds from deposits - - - -
Interest paid fin (₹ 4,666.0) (₹ 6,171.0) (₹ 6,307.0) (₹ 5,716.0)
Dividends paid (₹ 1,551.0) (₹ 722.0) (₹ 720.0) (₹ 108.0)
Financial liabilities - - - -
Other financing items (₹ 2,849.0) (₹ 450.0) (₹ 57.0) -
Cash from Financing Activities (₹ 1,694.0) (₹ 3,884.0) ₹ 5,203.0 (₹ 3,796.0)

Net Cash Flow (₹ 2,504.0) ₹ 8,433.0 ₹ 830.0 (₹ 1,278.0)

Financial Statement - ADANI ENTERPRISES LTD
Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 LTM

₹ 35,923.9 ₹ 40,378.7 ₹ 43,402.6 ₹ 39,537.1 ₹ 69,420.2 ₹ 136,977.8 ₹ 105,914.1

-1.67% 12.40% 7.49% -8.91% 75.58% 97.32% -22.68%

₹ 32,775.1 ₹ 36,535.6 ₹ 38,471.1 ₹ 35,449.5 ₹ 62,752.2 ₹ 119,188.4 ₹ 95,743.7

91.23% 90.48% 88.64% 89.66% 90.39% 87.01% 90.40%

₹ 3,148.81 ₹ 3,843.05 ₹ 4,931.48 ₹ 4,087.67 ₹ 6,668.03 ₹ 17,789.40 ₹ 10,170.36

8.77% 9.52% 11.36% 10.34% 9.61% 12.99% 9.60%

₹ 1,111.10 ₹ 1,873.71 ₹ 2,637.09 ₹ 1,582.02 ₹ 2,954.43 ₹ 8,961.42

3.09% 4.64% 6.08% 4.00% 4.26% 6.54% 0.00%

₹ 2,037.71 ₹ 1,969.34 ₹ 2,294.39 ₹ 2,505.65 ₹ 3,713.60 ₹ 8,827.98 ₹ 11,315.78

5.67% 4.88% 5.29% 6.34% 5.35% 6.44% 10.68%

₹ 1,250.17 ₹ 1,625.07 ₹ 1,572.32 ₹ 1,376.85 ₹ 2,525.88 ₹ 3,969.98 ₹ 4,566.95

3.48% 4.02% 3.62% 3.48% 3.64% 2.90% 4.31%

₹ 663.92 ₹ 389.77 ₹ 472.06 ₹ 537.14 ₹ 1,247.78 ₹ 2,436.14 ₹ 2,958.47

1.85% 0.97% 1.09% 1.36% 1.80% 1.78% 2.79%

₹ 123.62 -₹ 45.50 ₹ 250.0 ₹ 591.7 (₹ 60.1) ₹ 2,421.9 ₹ 3,790.4

0.34% -0.11% 0.58% 1.50% -0.09% 1.77% 3.58%

₹ 112.1 ₹ 144.5 ₹ 324.3 ₹ 339.7 ₹ 476.7 ₹ 1,041.0 ₹ 1,346.1

90.69% -317.67% 129.73% 57.41% -793.67% 42.98% 35.51%

₹ 11.5 (₹ 190.0) (₹ 74.3) ₹ 252.0 (₹ 536.7) ₹ 1,380.9 ₹ 2,444.3

0.03% -0.47% -0.17% 0.64% -0.77% 1.01% 2.31%

109.98 109.98 109.98 109.98 109.98 114 114

₹ 0.10 -₹ 1.73 -₹ 0.68 ₹ 2.29 -₹ 4.88 ₹ 12.11 ₹ 21.44

-80.26% -1751.09% -60.89% -439.09% -312.98% -348.20% 77.01%

₹ 0.4 ₹ 0.4 ₹ 1.0 ₹ 1.0 ₹ 1.0 ₹ 1.2 -

382.19% -23.15% -147.98% 43.64% -20.49% 9.91% 0.00%

0.00% 0.00% 0.00% 56.36% 0.00% 90.09% 100.00%

 ₹ 110.0 ₹ 110.0 ₹ 110.0 ₹ 110.0 ₹ 110.0 ₹ 114.0
₹ 14,979.2 ₹ 14,646.0 ₹ 16,836.6 ₹ 17,048.6 ₹ 22,146.5 ₹ 32,937.0
₹ 17,636.7 ₹ 11,243.2 ₹ 12,419.3 ₹ 16,227.1 ₹ 41,604.0 ₹ 53,200.5
₹ 23,679.5 ₹ 16,537.0 ₹ 17,509.2 ₹ 18,231.1 ₹ 37,725.8 ₹ 55,027.0
₹ 56,405.3 ₹ 42,536.2 ₹ 46,875.1 ₹ 51,616.7 ₹ 101,586.4 ₹ 141,278.5

₹ 10,555.2 ₹ 9,020.1 ₹ 10,476.5 ₹ 10,837.6 ₹ 30,122.8 ₹ 56,881.1

₹ 5,525.9 ₹ 5,764.9 ₹ 7,346.7 ₹ 8,825.5 ₹ 23,544.4 ₹ 24,025.2
₹ 1,460.7 ₹ 1,511.4 ₹ 1,952.5 ₹ 5,502.9 ₹ 4,292.2 ₹ 6,310.2
₹ 22,538.0 ₹ 7,554.7 ₹ 8,013.8 ₹ 10,900.2 ₹ 19,210.6 ₹ 29,217.4
₹ 40,079.8 ₹ 23,851.1 ₹ 27,789.5 ₹ 36,066.2 ₹ 77,170.0 ₹ 116,433.9

₹ 12,098.8 ₹ 14,307.0 ₹ 13,146.5 ₹ 11,982.7 ₹ 13,712.2 ₹ 12,552.9

₹ 2,342.6 ₹ 2,668.8 ₹ 2,562.4 ₹ 1,757.0 ₹ 6,788.3 ₹ 6,918.1
₹ 1,884.3 ₹ 1,709.3 ₹ 3,376.7 ₹ 1,810.8 ₹ 3,915.9 ₹ 5,373.7
₹ 16,325.6 ₹ 18,685.1 ₹ 19,085.6 ₹ 15,550.5 ₹ 24,416.3 ₹ 24,844.6

₹ 56,405.3 ₹ 42,536.2 ₹ 46,875.1 ₹ 51,616.7 ₹ 101,586.4 ₹ 141,278.5

TRUE TRUE TRUE TRUE TRUE TRUE

₹ 28,840.0 ₹ 33,312.0 ₹ 28,771.0 ₹ 23,352.0 ₹ 31,198.0 ₹ 26,666.0

(₹ 4,152.0) (₹ 10,688.0) (₹ 9,109.0) ₹ 9,950.0 (₹ 5,505.0) ₹ 337.0
(₹ 6,621.0) (₹ 3,560.0) ₹ 2,069.0 ₹ 2,326.0 ₹ 3,814.0 ₹ 597.0
₹ 9,301.0 ₹ 7,320.0 (₹ 4,692.0) (₹ 8,085.0) ₹ 5,748.0 (₹ 7,012.0)
- - - - - -
₹ 4,727.0 ₹ 494.0 ₹ 4,512.0 ₹ 875.0 (₹ 4,150.0) (₹ 4,396.0)
₹ 3,254.0 (₹ 6,434.0) (₹ 7,221.0) ₹ 5,065.0 (₹ 93.0) (₹ 10,474.0)
(₹ 1,895.0) (₹ 3,021.0) (₹ 2,659.0) (₹ 1,785.0) (₹ 2,105.0) (₹ 1,910.0)
₹ 33,454.0 ₹ 17,423.0 ₹ 11,671.0 ₹ 31,698.0 ₹ 28,907.0 ₹ 3,808.0

(₹ 16,072.0) (₹ 35,079.0) (₹ 35,304.0) (₹ 29,702.0) (₹ 20,205.0) (₹ 15,168.0)

₹ 53.0 ₹ 30.0 ₹ 67.0 ₹ 171.0 ₹ 351.0 ₹ 230.0
(₹ 6.0) (₹ 329.0) (₹ 130.0) (₹ 1,439.0) (₹ 7,530.0) (₹ 3,008.0)
₹ 1,965.0 ₹ 2,381.0 ₹ 5,644.0 ₹ 21.0 ₹ 226.0 ₹ 104.0
₹ 638.0 ₹ 690.0 ₹ 761.0 ₹ 1,104.0 ₹ 428.0 ₹ 653.0
₹ 620.0 ₹ 1,797.0 ₹ 232.0 ₹ 21.0 ₹ 18.0 ₹ 32.0
- - - - - -
(₹ 107.0) (₹ 4.0) (₹ 9.0) (₹ 606.0) (₹ 10.0) -
- ₹ 14.0 ₹ 533.0 - - -
 - - (₹ 8.0) (₹ 27.0) - (₹ 98.0)
- - - - - -
(₹ 26,663.0) ₹ 5,360.0 ₹ 7,335.0 (₹ 2,659.0) ₹ 1,051.0 ₹ 12,813.0
(₹ 39,572.0) (₹ 25,140.0) (₹ 20,879.0) (₹ 33,116.0) (₹ 25,671.0) (₹ 4,442.0)

₹ 5.0 - - ₹ 3,889.0 ₹ 2,603.0 ₹ 19.0

- - - - - -
₹ 33,390.0 ₹ 37,482.0 ₹ 51,128.0 ₹ 38,297.0 ₹ 46,641.0 ₹ 46,578.0
(₹ 21,732.0) (₹ 29,964.0) (₹ 35,198.0) (₹ 29,847.0) (₹ 29,709.0) (₹ 42,816.0)
- - - - - -
(₹ 5,336.0) (₹ 5,411.0) (₹ 7,005.0) (₹ 7,518.0) (₹ 8,123.0) (₹ 9,251.0)
(₹ 121.0) (₹ 96.0) (₹ 95.0) (₹ 57.0) (₹ 30.0) (₹ 100.0)
- - - (₹ 1,346.0) (₹ 1,477.0) (₹ 1,559.0)
- - - (₹ 29.0) - ₹ 3,750.0
₹ 6,206.0 ₹ 2,011.0 ₹ 8,830.0 ₹ 3,389.0 ₹ 9,905.0 (₹ 3,379.0)

₹ 88.0 (₹ 5,706.0) (₹ 378.0) ₹ 1,971.0 ₹ 13,141.0 (₹ 4,013.0)

 TATA MOTORS LTD-Sales

Year Weight Year Sales sales growth Year Weight

1 2014A 232,833.66 1
2 2015A 263,158.98 13.02% 2
3 2016A 273,045.60 3.76% 3
4 2017A 269,692.51 -1.23% 4
5 2018A 291,550.48 8.10% 5
6 2019A 301,938.40 3.56% 6
7 2020A 261,067.97 -13.54% 7
8 2021A 249,794.75 -4.32% 8
9 2022A 278,453.62 11.47% 9
10 2023A 345,966.97 24.25% 10
11 2024,E 309867.70467 -10.43% 11
12 2025,E 315889.05206 1.94% 12
13 2026,E 321910.39945 1.91% 13
14 2027,E 327931.74685 1.87% 14
15 2028,E 333953.09424 1.84% 15
TATA MOTORS LTD-EBITDAFORECASTING TATA MOTORS LTD-E.p.s forecasting

Year Sales sales growth Year WeighYear Sales les growth

2014A 34,583.41 1 2014A 49.39
2015A 39,879.32 15.31% 2 2015A 46.22 -6.42%
2016A 36,204.22 -9.22% 3 2016A 47.69 3.19%
2017A 32,848.59 -9.27% 4 2017A 14.53 -69.54%
2018A 39,566.22 20.45% 5 2018A 3.05 -79.01%
2019A -1,914.45 -104.84% 6 2019A -7.78 -355.28%
2020A 16,993.16 -987.63% 7 2020A -35.86 360.68%
2021A 20,734.35 22.02% 8 2021A -5.72 -84.06%
2022A 26,937.37 29.92% 9 2022A -41.13 619.43%
2023A 38,204.19 41.83% 10 2023A -11.97 -70.91%
2024,E 20,923.54 -45.23% 11 2024,E -47.25 294.87%
2025,E 19,563.52 -6.50% 12 2025,E -56.90 20.43%
2026,E 18,203.50 -6.95% 13 2026,E -66.55 16.96%
2027,E 16,843.49 -7.47% 14 2027,E -76.21 14.50%
2028,E 15,483.47 -8.07% 15 2028,E -85.86 12.67%
COMPANY NAME ADANI ENTERPRISES LTD
LATEST VERSION 2.10 PLEASE DO NOT MAKE A
CURRENT VERSION 2.10

META
Number of shares 114.00
Face Value 1
Current Price 2208.8
Market Capitalization 251803.45

PROFIT & LOSS 13,338.03

Report Date Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Sales 54947.22 64465.36 34008.38 36532.86 35923.92
Raw Material Cost 38408.7 42515.78 28195.81 30945.16 30771.08
Change in Inventory 676.69 -295.09 -226.21 -36.38 772.74
Power and Fuel 31.18 30.62 7.5 7.42 2.91
Other Mfr. Exp 3625.38 4254.57 1705.69 1910.37 2204.89
Employee Cost 829.76 1151.79 528.99 511.48 568.97
Selling and admin 2566.34 3069.77 1358.01 1004.69 928.28
Other Expenses 779.77 697.84 302.58 215.13 182.82
Other Income 1157.07 791.64 1043.63 749.41 363.21
Depreciation 3223.07 3521.86 314.45 315.46 663.92
Interest 5703.04 7056.29 1356.99 1257.31 1250.17
Profit before tax 1613.74 2663.39 1055.78 1078.87 486.83
Tax -1031.92 365.39 77.94 271.15 112.11
Net profit 2220.77 1948.05 1010.72 987.74 757.25
Dividend Amount 153.97 153.97 43.99 43.99 43.99
Effective Tax Rate -64% 14% 7% 25% 23%

EBITDA 10,114.96 12,891.59 2,760.10 2,831.66 2,783.45

Quarters
Report Date Jun-21 Sep-21 Dec-21 Mar-22 Jun-22
Sales 12578.77 13218.02 18757.87 24865.52 40844.25
Expenses 11782.33 12335.43 17986.15 23603.08 39101.86
Other Income 151.86 379.09 205.53 276.04 222.18
Depreciation 125.63 319.58 353.94 448.63 417.1
Interest 443.13 753.53 707.68 621.54 915
Profit before tax 379.54 188.57 -84.37 468.31 632.47
Tax 182.76 66.83 13.79 213.3 221.74
Net profit 271.46 212.41 -11.63 304.32 469.46
Operating Profit 796.44 882.59 771.72 1262.44 1742.39
EBITDA 1,022.98 1,352.35 1,063.78 1,587.79 2,023.30

BALANCE SHEET
Report Date Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Equity Share Capital 109.98 109.98 109.98 109.98 109.98
Reserves 23647.21 25617.83 13267.63 14025.99 14979.19
Borrowings 71979.92 83570.64 19169.35 20845.72 17636.69
Other Liabilities 22364.81 21419.74 9132.42 12629.78 23679.48
Total 118101.92 130718.19 41679.38 47611.47 56405.34
Net Block 70578.7 83834.04 10473.3 13667.98 10555.19
Capital Work in Progress 13573.6 6733.02 7704.94 7731.49 5525.87
Investments 288.39 744.11 804.95 1041.75 1460.72
Other Assets 33661.23 39407.02 22696.19 25170.25 38863.56
Total 118101.92 130718.19 41679.38 47611.47 56405.34
Receivables 10112.53 15319.15 10187.46 12741.75 12098.77
Inventory 3924.07 4081.68 1299.78 1651.9 2342.56
Cash & Bank 3721.12 3651.04 1539.5 1715.09 1884.25
No. of Equity Shares 1099810100 1099810083 1099810083 1099810083 1099810083
New Bonus Shares
Face value 1 1 1 1 1

CASH FLOW:
Report Date Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Cash from Operating Activity 8227.72 8531.66 5112.01 774.07 2942.39
Cash from Investing Activity -8007.37 -11464.74 -1825.17 -1459.77 -7648.85
Cash from Financing Activity -1108.53 3445.23 -3448.05 715.82 5119.57
Net Cash Flow -888.18 512.15 -161.21 30.12 413.11

PRICE: 131.49 219.86 49.31 72.53 104.5

DERIVED:
Adjusted Equity Shares in Cr 109.98 109.98 109.98 109.98 109.98
PLEASE DO NOT MAKE ANY CHANGES TO THIS SHEET

8,998.64
Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
40378.66 43402.56 39537.13 69420.18 136977.76
33821.4 34350.2 29791.08 57651.32 103239.89
499.99 -310.13 -456.74 3933.82 327.16
5.74 12.22 13.4 58.98 18.43
2551.28 3115.25 4357.88 7793.57 14377.98
657.18 683.28 830.36 1182.1 1879.22
1230.62 1954.57 1306.48 2412.38 8136.44
643.09 682.52 275.54 542.05 824.98
504.22 872.32 494.31 1012.11 828.04
389.77 472.06 537.14 1247.78 2436.14
1625.07 1572.32 1376.85 2525.88 3969.98
458.72 1122.33 1085.97 952.05 3249.9
144.54 324.33 339.65 476.68 1040.96
717.14 1138.17 922.64 776.56 2472.94
43.99 109.98 109.98 109.98 136.8
32% 29% 31% 50% 32%

2,876.52 3,506.88 3,176.28 5,026.90 9,920.02

Sep-22 Dec-22 Mar-23 Jun-23 Sep-23

38175.23 26612.23 31346.05 25438.45 22517.33
36305.88 24983.06 27758.98 22914.45 20087.21
266.23 338.6 1.03 371.49 460.7
531.39 592.22 895.43 713.86 756.96
933.98 595.9 1525.1 1103.11 1342.84
670.21 779.65 1167.57 1078.52 791.02
231.31 142.99 444.92 360.36 397.8
460.94 820.06 722.48 673.93 227.82
1869.35 1629.17 3587.07 2524 2430.12
2,157.62 2,151.17 3,587.93 2,851.26 2,725.42

Mar-19 Mar-20 Mar-21 Mar-22 Mar-23

 109.98 109.98 109.98 109.98 114
14645.96 16836.59 17048.59 22146.53 32937.01
11243.2 12419.3 16227.06 41604.03 53200.46
16537.04 17509.19 18231.09 37725.82 55027.01
42536.18 46875.06 51616.72 101586.36 141278.48
9020.11 10476.46 10837.61 30122.77 56881.13
5764.92 7346.73 8825.46 23544.42 24025.21
1511.35 1952.49 5502.94 4292.21 6310.17
26239.8 27099.38 26450.71 43626.96 54061.97
42536.18 46875.06 51616.72 101586.36 141278.48
14307.03 13146.53 11982.65 13712.19 12552.88
2668.82 2562.37 1757.04 6788.28 6918.05
1709.28 3376.68 1810.82 3915.86 5373.69
1099810083 1099810083 1099810083 1099810083 1140001121

1 1 1 1 1
2,048.57 1,256.58 19,999.02 27,515.32

Mar-19 Mar-20 Mar-21 Mar-22 Mar-23

3235.92 2453.56 4043.31 1385.28 17626.46
2486.91 -1081.85 -8610.66 -17040.62 -15458.84
-6158.41 -220.9 3108.81 15901.42 -1197.52
-435.58 1150.81 -1458.54 246.08 970.1

146.75 137.6 1031.15 2014.75 1750.45

109.98 109.98 109.98 109.98 114.00

 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17
Cash from Operating Activity - 11,240 18,384 22,163 36,151 35,531 37,900 30,199
Profit from operations 16,680 22,432 24,406 36,303 43,397 38,626 28,840
Receivables -1,422 -6,659 -5,177 445 -3,179 -2,223 -4,152
Inventory -2,411 -2,719 -2,656 -2,853 -3,692 -5,743 -6,621
Payables 344 5,867 8,132 4,694 3,598 3,947 9,301
Loans Advances 0 0 0 0 0 -520 0
Other WC items -559 1,231 -303 1,870 -398 5,852 4,727
Working capital changes -4,048 -2,280 -3 4,157 -3,672 1,313 3,254
Direct taxes -1,391 -1,768 -2,240 -4,308 -4,194 -2,040 -1,895
Cash from Investing Activity - -7,023 -19,464 -22,969 -27,991 -36,232 -36,694 -39,571
Fixed assets purchased -8,124 -13,876 -18,863 -26,975 -31,962 -31,503 -16,072
Fixed assets sold 11 93 37 50 74 59 53
Investments purchased -147 -5,857 73 -429 -5,461 -4,728 -6
Investments sold 7 84 34 4 42 89 1,965
Interest received 314 467 713 653 698 731 638
Dividends received 98 70 95 40 80 58 620
Invest in subsidiaries -70 -304 0 0 0 0 0
Investment in group cos -4 -9 0 0 -160 0 -107
Redemp n Canc of Shares 0 0 0 0 0 0 0
Acquisition of companies 2 0 0 -185 0 -111 0
Inter corporate deposits 5 -3 45 0 0 0 0
Other investing items 884 -129 -5,103 -1,149 456 -1,289 -26,663
Cash from Financing Activity - -1,401 6,567 -1,692 -3,883 5,201 -3,795 6,205
Proceeds from shares 3,258 139 1 0 0 7,433 5
Redemption of debentures 0 0 -97 -658 -744 0 0
Proceeds from borrowings 15,530 27,462 27,863 33,258 36,363 19,519 33,390
Repayment of borrowings -16,641 -15,010 -20,395 -29,141 -23,332 -24,924 -21,732
Proceeds from deposits 339 0 0 0 0 0 0
Interest paid fin -2,469 -3,374 -4,666 -6,171 -6,307 -5,716 -5,336
Dividends paid -1,020 -1,503 -1,551 -722 -720 -108 -121
Financial liabilities 0 0 0 0 0 0 0
Other financing items -399 -1,147 -2,849 -450 -57 0 0
Net Cash Flow 2,815 5,488 -2,499 4,277 4,500 -2,589 -3,167
Mar-18 Mar-19 Mar-20 Mar-21 Mar-22
23,857 18,891 26,633 29,001 14,283
33,312 28,771 23,352 31,198 26,666
-10,688 -9,109 9,950 -5,505 337
-3,560 2,069 2,326 3,814 597
7,320 -4,692 -8,085 5,748 -7,012
0 0 0 0 0
494 4,512 875 -4,150 -4,396
-6,434 -7,221 5,065 -93 -10,474
-3,021 -2,659 -1,785 -2,105 -1,910
-25,139 -20,878 -33,115 -25,672 -4,444
-35,079 -35,304 -29,702 -20,205 -15,168
30 67 171 351 230
-329 -130 -1,439 -7,530 -3,008
2,381 5,644 21 226 104
690 761 1,104 428 653
1,797 232 21 18 32
0 0 0 0 0
-4 -9 -606 -10 0
14 533 0 0 0
0 -8 -27 0 -98
0 0 0 0 0
5,360 7,335 -2,659 1,051 12,813
2,012 8,830 3,390 9,904 -3,380
0 0 3,889 2,603 19
0 0 0 0 0
37,482 51,128 38,297 46,641 46,578
-29,964 -35,198 -29,847 -29,709 -42,816
0 0 0 0 0
-5,411 -7,005 -7,518 -8,123 -9,251
-96 -95 -57 -30 -100
0 0 -1,346 -1,477 -1,559
0 0 -29 0 3,750
730 6,843 -3,092 13,232 6,459