3 ACTIVITY RATIO

t Alo teruod aL Poromance Twnbner Ratio

Measunes e ) wl
ow NL He esowrces hare.
beeu ded by the enterpnde

(odnrentoy () Trade (ài tvade

Copitau
Twneel Receirables Payables
eutio TUrtnes Thoen
Ratio Rotio Ratio

BO INVENN TORY TRNOVvER KAlO

->Bhablhes helatiÃu behveen lost y Rereue
rem eperti in and average invEntoy
'caved diug that perod .
Inveutoy
Tneve
Cost Rernue rou lpnatror
Rato Cest

Avenage durentony
’Hiqh Rati'o sheus move dales.

|jectiue > lnnesnent i to ck uas heen

judt'u'eus sR not
 ( iteDE RECEIVIBLES
fkRNOVER RnTIO

Tade Keccihlc
TanoA Katio
vade fecoiyakla
-Hiqheh the bette
ibkjcctiine y Tade htceivakleta
ate
|are ceneited i Caah aud cast eguvaleutr
conited iuto
riiTRADE PAY ABLES
TURN OVER RAo
>Sheus relatio betveiu net dedi't ru chaset
aud tttal payated er arel age payables
TRAde fayables Net Chedit furhases
mnene Ratio
Average Tvade rayatle!
’ High Ratio mans less chedit phicd
L6w Rtio weans leugeh paymeut priod
0bjeetire ’ to deteline te
ut wu'el Trade Payablea are mauaqed
aud paid.
 (i) WORKI NGCALTAL
TURNOVER RATLO
>Shous tie helationslhip betueew
Captad and Revenue pon open atiou'. wokiny
Revenuc om Opeh atur
Tuuoe Raio
Moking Capital.
Cost oj Revcnue fro m
working Capital
’ Higk hato dhow eiueut wt of wovkug
Capita.whereal ow rotio 7 shous!
its iiut tHunt
cent se

4 PKOFITABILITY
RATIO
RATLO
> Ertalblislhes the hel atiôus hip / Ghees
fhepit and Rucnue pon ophati öns
1e Net fale an eutehprise.
Ghots hoft
Ratio Reveuue fou
opuatou.
 iigher host
86jectve Jo odetes ine the
uhich prudu ciou aud/ar pihase per ahod
delling open at1öd ane carued ou .
aud
ofERATINGRATIOY
’ stabiishee the rel ati bnship betwew
Spuahug cost aud Renenuc frm oper atio
operating Rato - Cast o/ Reveme frou
penaug Xlo0
epeule
Rev enue prom bpuatious
>Loue fuatiug Ratis is betteu
Objeetue To ass eLs the oper at'oual.
o/ the bsinest.

’Meaues he helati oshp betvew

epaatig aud kece Puew
i . Net Sales
Xlo0
Ratio Reveue froni
Dper ahos
’ Highe ttee katho , the nmeve
9bi eehne To oleternnne ypenatein al
 wvg NET CROFTRAto
Btabliahes te
He relat'osip betweon Net
’ opuatiot ie.
hopt aud kuenue Pom
Net Sales aud othe Jucone
Net
Katiorelit Reveme "fron opl ahous
X100

ie Net Sales O
> Hughu the betleu
Objeetiue ’ To indi'cate cneal

C) ReiuRNON INVESTMENNT (R0T)

ORRET URN ONCAP I TALEmPOyED

Shoue tHhe nelatonshp

atanl)
(phopit before inteeat
Ca pital Employed
RoZ
Net
hotolilfd Tnteust, Tae
beforeeud
capital tmployed
9bjeatihe --measue how tuently
used.
my Conyinny for
the Roject -

Dabur
Ayuvedie ano Nate al
Board of Diectort

M Aditya Burman

MMukesh Butan1

M Ant Burrna
M Ajt Mohan Sharan

M Mohit Burmman MPN Vijay

MSaket Burmar
Dr Ajay Dua

MRCBhargava
Abeui the: .

(ompany
Dabur
Chyawanprash

Pabwr Judia ltd.

the (ating)
FMCÓ1 onpalie
Judia."dt ha a uwque min /
divese gvowt eugines juited,
heatthcare SkLncare and home cale. i
Dabu alao a weld leadler
yusvedi 0er 250
Hyurvede
roduts
t was feunded u 184l594 ky
Sk B man A 4 Revenue 989 heres. *

Dabur
MicdtHönitus (R
Dabu
REMDYM
Chyawanprash
2
 Financial Statements
Dabur
otebrte litat

Consolidated Statement of Profit and Loss

for the year ended 31 March, 2021 otherwise stated)
(All amounts in crores, unless 31 March, 2020
31 March, 2021
Note
Particulars 8.703 59
Income 9.561.65
34 305.29
Revenue from operations 35
325.29 9.008.88
Other income 9,886.94
Total income 3,731.71
Expenses 3.998.58 18.95
36
Cost of materials consumed 15.05 674.62
Excise duty 982.53 (65.04)
Purchases of stock-in-trade
37
(207.20) g47.74
Changes in inventories of finished goods. stock-in-trade and work-in-progress 38
1,033.46 49.54
Employee benefits expense 30.81 220.45
39
Finance costs 240.13
40
Depreciation and amotization expense 649.98
Other expenses 784.36 953.28
Advertisement and publicity 952.19 7,181.23
41
Others 7,829.91 1,827.65
Total expenses 2,057.03
exceptional items (0.01)
Profit before share of loss from joint venture and 55
(1.01) 1,827.64
Share of loss of joint venture 2,056.02
100.00
Profit before exceptional items and tax
42 1,727.64
Exceptional items 2,056.02
Profit before tax 43 465.42
Tax expense 505.18 (185.70)
Current tax (including earlier years) (144.11)
279.72
Deferred tax 361.07
1,447.92
Total tax expense 1,694.95
Net profit for the year 44 (28.83)
Other comprehensive income 6.60
loss 10.39
A (i) Items that will not be reclassified to profit or Ioss
(2.40) 130.29
that will not be reclassified to profit or (98.66)
(ü) Income tax relating to items (8.15)
reclasssified to profit or loss 6.25
B (0) Items that will be loss 103.70
that will be reclasssified to profit or
(ü) Income tax relating to items (88.21)
1,551.62
Total other comprehensive income 1,606.74
Total comprehensive income for the year 1,444.96
Net profit attributable to: 1.693.30
2.96
Owners of the Holding Company 1.65
Non-controlling interest 101.59
attributable to: (86.79)
Other comprehensive income 2.11
Owners of the Holding Company (1.42)
Non-controlling interest 1.546.55
attributable to: 1.606.51
Total comprehensive income 5.07
Owners of the Holding Company 0.23
Non-controlling interest
8.18
Earnings per equity share 45 9.58
8.15
9.55
Basic
Diluted ? 6

Summary of significant accounting policies consolidated financial statements

an integral part of these
The accompanying notes are Profit and Loss referred to in our
report of even date.
Statement of
This is the consolidated Directors
Co LLPp For and on behalf of the Board of
For Walker Chandiok &
Chartered Accountants
001076N/N500013 P.D. Narang
Firm's Registration No.: Amit Burman
Mohit Malhotra
Whole Time Director
Whole Time Director
Neeraj Goei DIN: 00021581
Chairman DIN: 08346826
Partner DIN: 00042050
Membership No.:099514 Ankush Jain
Ashok Kumar Jain
Chief Financial Officer
EVP (Finance) and Company Secretary
M. No.: FCS 4311
Place : New Delhi
Place :Gurgaon Date :7 May. 2021
Date :7 May, 2021

301
DADUR INDIA IMITED)

Consolidated Balance Sheet

as at 31 March, 2021
(AlAOnte in oteo, ules4 itterwise tata)
Particulars
ASSETS
Non-current
bjcOty, plan
and equipment
l work-in-progress 7
c) Investment property
d) Goodwill
Other intangible assets Á4,71
) Investments in Joint Venture
o) Financiat Assets
(0)
(0)
Investiments
Loans 2.95 ,396
246
() Others
h) Deforred tax assets (net) 07 174
i) Non-current tax assets (net)
) Other non-current assets 13995
Total ont arent assota 6,071,19 4A13.19
Current
a) Inventories
b) Financial assets
1 1,734,2%
(0) Investmonts A601
(0) Trade recelvablos 16 419,
(iii) Cash and cash equivalonts 94123
(iv) Bank balances other than (i) above 17 1,0870
(V) Loans 1445
(vi) Others 44 295
c) Current tax assets (not) 9,24
d) Other current assets 21 38712
e) Asset held for sale 027 027
Total current assets 4,#H0,24
4,116,94
Total assets 10,447.13 9,35401
EQUITY AND LIABILITIES
Equ
a) Eouity share capital 176,74 1/6./1
b) Other equity 7495.79 6A29 4
Equity attributable to shareholders of the Holding Company 7,56%,53 5,505.75
c) Non-controlling interest
Total equity 7,700,22 5642 21
Liabilities
Non-current liabilities
a) Financial liabilities
() Borrowings 134.13
(ü) Other financial liabilities 2 137
b) Provisions 26 6331
c) Deferred tax liabil1ties (net) 27 13.91 1743
Total non-current liabilities 212.72 247 92
Current liabilities
a) Financial liabilities
(0 Borrowings 2 349,14
() Trade payables
Due to micro and small enterprises 2 117 87 44 74
Due to others 29 1,79739 1437A1
(ii) Other financial liabilities 30 229 92
b) Other current liabilities 31 158 44
c) Provisions 32 187 24 1 A
d) Current tax liabilities (net) 45,
Total current liabilities 2,934,19
Total liabilities 3,14,91 2,711.8
Total equity and liabilities 10,847.13 9,35401
Summary of significant accounting policies
The accompanying notes are an integral part of these consolidated financial staterments
This is the consolidated Balance Sheet referred to in our report of even date.
For Walker Chandiok & Co LLP For and on benalf of the Board of Directors
Chartered Accountants
Firm's Registration No.: 001076N/N500013
Neeraj Goel Amit Burman Mohit Maihotra P.D. iarag
Partner Chairman Whole Tirne Director Whcis Tirne Drector
Membership No..099514 DIN: 00042050 DIN: 08346826 DIN: 00021581
Ashok Kumar Jain Ankush Jain
EVP (Finance) and Company Secretary Chief Financial Otficer
M. No.. FCS 4311
Place : Gurgaon Place : New Delhi
Date :7 May, 2021 Date :7 May. 2021

300
 R

Calolaticn
A

Ratio
4. lrent Katio luirent Asset
lursent iabilited
2:1
2021 ’ 4175 94 1"6 1
Q934 19
2020 ’ 4880"26 = 1o9:1
463-83

the rató 2 or more tau 2

then the compay o able to meet iti
tet fuiana'al 6lipat us.
Hd i 2020 hatio a 43434 vuar to 2.

’ But it len than 2 tlen conpany nay

2021 ti o is 16:1. desd than g.

 katio
Liuidity
Z-Auil testlugud/Quk katio - lyud hut
Jdeat aat'o 1:1 Cwneutabilitir

2021 ’ 475-94 -137 2 -/4 16

2734?
(uÙud ameti - wnnt asseti - advance -hpavd
Airentoreu)
1:1
Y80.26 -/374.57-/3 -07
2020 ’
2468-98
1.4:1
en conpany
4! les thau 1mmediate ay not be
able to meet iti
bligatibnt.
ratiois do nore it túdicates gord
- ian ual healt the conpany
lempay has cuogl lgucd assct to
meet it'shoht - terui lijatiu.
d i bot the yeald 2021 . 2022 haio
4.:1
is 1:1 and
hupectily.
 SolvRatie
eney
!
Debt

1. Debt to Eq uity
Rato

Roti'o Debt
Fquiy
2021’ /34-13 + 633[ /2744
7663-53. 766353

’ 0"02 :1

202O>l62 - 89+ 6294225 83

C605 15 6605-7
’ Oo03: 1

Low debt to equty hatio meand

that te coupay dep ends nnore
guareheler tnd! aud ko
lendes ae at low risk aud
have cover.
AA deen ui boh the years 202) ano
2020 Ju 2021 he sratio çturte
dereased to O-02
2020.
 usne dauhuh
rato
t the 2021 and 2020 ui fd
tnent nred on
rehi lue eitt wich
an aud funde praphit
mpeper
mi means rtio ugh
vey a
But esmes atio Hgh
leudus.
fedafe less weaus hatió Ieio
"ol 934S
6605o15
lo&47-13
o/ X100 0"* 66353 =
1ueta
oquy Total
d/ holdw Shate Ratió 2.
 LRatin _Ratto
1- Jnvent ory Tuwno
Cott of Rerue punmn opuation
Ag Tnuetry
4488.6 2o| *| = 2tinee
2246.4|

436024 = 2tes

hatio shos tnat mevedales

tig
ahe being prduced ky a upee
iveshment inrenties.

9 but aney higl natio shous onehradug

and it may' reult i
capital thvtage wonkig
Ju bot the Jeans Hue
wid
whih Aos move ales
 2. Wohking taptal Rotió - kerenue

= 456 -65
wobing copit.
5 tinet

=8403 59 - 3 tmes
Q46" 3&
> A High ratio shons
woking captal.
Whereas
se.

tu boh the ycaus we

We can Aee

hato wh'ch te

woty capi'tl is te.

 I Ratio
X I00
4. Gross Rastiö
Rerenue em epehatiow
ddeal Roctiô high
- .

202| ’ 44269 XI00 = 49-97.

1564 65

2020’4343-35 Xxl00 =
8703- 59

ligh qrsPralit Rotio leaves mere margue

tor meetiny operatùg eupeses and
ceatig Upeerned.
 Rerenue om opvatin
Q.
Qporcting Ratio = cost ohaulg
D+ oporatHulg enpene
Rernuefrom epohatiou
X to0

202) 6946 ) X o0
9s6l" 65

202O ’ 6|P47
8o3-5

Lomer aperaling Katio is better

Suice it leavet hgh margie to
meet on
-opehatig epeuses

lise i Ratio nd'cates elecline

3. Net Prokt Ratio Net hoit alter tax
Rercnue
Xl00

202) ls4-95 X lo0

561 65

2020 l44792
0l6 -167
8703-57

’ Jhii Ratió indiates oneal!

the better

durease i the Katio dhouus

lmprovemt i eperato nal

’ A we cau dee Ratio iheasd

 Mded.
are buslness
actiy
e f
he esuced
how
etnphise . the 4
snerall asscsded Ro1 >
5/ 136990
X00 172764 ’2020
. Xloo 94412
2056e
02 202|
d lpitad
tan,lnterest,
Profil thvement et - on Ketwr 7.
4.
 ast
How Hatement that shom te
Cash tlous ie. iflew and cutflow
s caslb aud Catl Equivaleut1 durug
ecowntng yea

"Oper atng
acties acHivi tieu
awe the principal chauge nú size and
heneue producing
activitied q the
eutorpriue aud Capital and O her
Othes actnities boyowugs o/ He
that are not entepnse ron ohes
SourceÃ
Pnan
Activitiz
" Jnvetig
achiiti
ahe ue acquisi tion
aud
ddisposal 9/e le (ouq-teru
aset an other
lumestments
not iucluolecd n
Cash equivatets
 Opehating Actvites
Codh Dutllow
- (askh pwschasu
-Cash dales - Tyadé Payables
Cnoh heceived fon Traole - bper attig epus
Receivables - wager
Koyulty,fee, comn'ssion - gucone tan paicl
- Jncone tan meuud
Finau cinq company -Paymut o dutehest
- Receipts dateret +Dlvidend
-Sale o) secuntes -lagment tr
pnchase "e
-Brokhage
Stoek boke veceined by
Jecits

dnvsting Actiritus
Cash snlow Cash outHo
- Sale
ked assety -Puuchage yired
- Sale -"Jnneoments asset
-Iuterest -furchaoe -secwites
-Dlviden
- Rent Recelned
s t'nestnewtr
TJncowe tan paie
relaed to nt.)

fuauiny Achiities
low Outflow
- 48sue qsharcs -Paic' oaus
- gssue aydebeutuey, -Redephon
-Buy back sharcs
- l0ng teim borrowMngt
-Juterest
Jucowme tapaid
(Receipts) Bauk oneciaf t
(loynowta)
 Jemal f lash hou
Particulars
Cast ow ou operatiug achivihis
Swplls
NPBT
Add: no cash - non Dpeahug expela
Lesd: noh - Cast non -per atng income
Add: nrease liab Decrease sses
Lesd: Decrease lial. Sucease osets
|Less. Tan paud

Snstig Actiyitis
Sale
|fayenent
finaucng
3ssue
Actiritis
ledephe
feeeipt
layent
VA. TOTAL
Cash and Cask Equivalenti (ope
Cash and cash Eqwivalent
 Dabur nda Limited
Cash low
Consolidated Cash Flow Statement for the year ended 31 March 2021

Particulars
Current year
Dabur
( in ctores)
Previous year
ended ended
(31/03/2021) (31/03/2020)
(Audited) (Audited)
|CASH FLOW FROM OPERATING ACTIVITIES
Profit bctote tax 2,05602 1,/2/54
Adjustments tor: 22045
Depreciation and amort1sation expense 240,13
0.37 399
LOss on disposal of property. plant and equipment (net)
43.30 45.21
Sharc bJscd payment expcnse
13.50 450
Provis1on for disputed habilities
5.94 260
Expected credit loss /impairment of financial and non-financial assets 15,77 539
Provision for enployee benefits
30.81 41.12
Finance cost
(260.78) (241.20)
Interest income
1.01 0.01
Share of foss of ont venture
1 11 (370
Unrealised foregn exchange loss / (gan) (net ) (1.13)
0.76
Loss/(gain}) on tair valuat1on of tinancial instruments (netj (16 90)
Net gain on sale of other financial assets measured at FViPI (15.82)
(12.26) (6.90
|Net gan on sale of financial assets neasured at FVTOCI
(0.42)| (1.87
Net gain on sale of financial assets measured at amortised cost
(71.81) 95.29
Effect of exchange rates on translation of opcrating cashtlaws 100.00
Exceptional items
Operating profit before working capital changes and other adjustments 2,047.63 1,980.50
Working capital changes and other adjustments: (79.02)
Inventories (354.71)|
Trade recevables 247.79 14.28
0.44 14.74
Current and non-current financial assets
Other current and non-current assets 79.83 (107.21)
433.78 25.99
Trade payables
Other current and non-current financial liabilities 62.50 31.71
(81.27) 41.57
Other cur rent iabilities and prov1sions
|Cash flow from operating activities post working capital changes 2,435.99 1,922.56
Direct taxes paid (net of refund) (321.32) (308.94)
Net cash flow from operating activities (A) 2,114.67 1,613.62

|CASH FLOWS FROM INVESTING ACTIVITIES

Acquisiton of property. plant and equipment,cap1tal wok-in-progress and intangibie assets (311.21) (417 46)
4.88 16 97
Proceeds from disposal of property, plant and equipnent
Purchase of investments / bank deposits (7,634.78) (8,478.78)
Proceeds from sale of investments / bank deposits 6,273.72 8,114.22
|Interest reterved 261.61 248.21
Net cash used in investing activities (B) (1,405.78) (516.84)|

C CASH FLOWS FROM FINANCING ACTIVITIES

Procecds from issue of equity share capital 0.03 0.08
Repayment of non-current borrowings (including current maturities) (27.77) (175.10)
Proceeds from / (repayment of) current borrowings (net) 64.65 (182.88)|
|Principal payrnent of lease liabrities (27.61) (25.18)|
Interest paynent of lease liabilities (11.27) (13.60)
Dividend paid (592.09) (512 45)|
Dividend d1stribution tax paid (103 34)
Finance osts paid (19.35) (28.50)
Net cash used in financing activities (C) (613.41)| (1,042.97)
|increase in cash and ash equvalents (A+B-C) 95.48 53.81
Cash and casn eguivalents at the beginning of the yar 91.74 37.72

Net unrealised foreien exchange gain 1.56 0.21

Cash and cash equivalents at the end of the year 188.78 91.74
 Date
Topic.

4. hepae lask lo Statemeeli3lst marh 31st mard

2021
2022
I Equity cud liabiutis
" Shae wolce uads loo000O
a) Shase capitat 150000 600000
Cb)Resehues and Buhple
Nou -Cret iabiuties 200000
100000
la)louq-teu bor outig!4)
3.Cussut abiites 100000 14000O
a)Trade Payale q5000 S0000
(b) Short -terim lrouisis
|490O00
2545000
ToTAL

AssETS
oNon-c r e t assts
ty, Plaut cud Equipmet
Propertutaugibleassetsi3)
(a) oud
40100 00 |200O00
llaut Equipnaeu 8000O 200000
(4)) Sutagible Aset
qoodusil
(b) No-creut Jneshent 6o0000

Q.aent Assets
1 0000 L00000
(a) nnentm'eA 150000
(b rade Receicablet 200000
(C) cash aud Cash Equivaleuts 345000 340000
ToTAL Q545000 1990000
RM
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