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Ratio Analysis

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4 views

Ratio Analysis

Uploaded by

bpsc08
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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RATIO ANALYSIS

A) LIQUIDITY RATIO

CURRENT ASSET
1) CURRENT RATIO = ------------------------------------
CURRENT LIABILITIES

YEAR 2004 2003


CURRENT ASSET 83415.03 83019.85
CURRENT LIABILITIES 84101.15 79945.69
CURRENT RATIO 0.99 1.03

(CURRENT ASSET - INVENTORIES)


2) QUICK RATIO = -------------------------------------------------------
CURRENT LIABILITIES

YEAR 2004 2003


CURRENT ASSET 83415.03 83019.85
INVENTORIES 42860.23 44035.80
CURRENT LIABILITY 84101.15 79945.69
QUICK RATIO 0.4876 0.4822

B) LEVERAGE RATIOS

TOTAL DEBT (incl: Deferred Tax Liabilities)


1) TOTAL DEBT RATIO = ------------------------------------------------------------------
CAPITAL EMPLOYED

TOTAL DEBT = TOTAL FUNDS + DEFERRED TAX LIABILITY

CAPITAL EMPLOYED = TOTAL BORROWINGS +


SHAREHOLDS’ FUNDS
YEAR 2004 2003

TOTAL FUNDS 26897.21 32858.59


DEFERRED TAX LIABILITY 8223.95 7465.56
TOTAL DEBT 35121.16 40324.15
SHAREHOLDERS’ FUNDS 58497.23 47474.28
TOTAL BORROWINGS 26897.21 32858.59
CAPITAL EMPLOYED 85394.44 80332.87
TOTAL DEBT RATIO 0.41 0.50

DEBT
2) DEBT -EQUITY RATIO = --------------------
EQUITY

TOTAL DEBT = TOTAL FUNDS + DEFERRED TAX LIABILITY


EQUITY = SHARE CAPITAL + RESERVES AND SURPLUS

YEAR 2004 2003


TOTAL FUNDS 26897.21 32858.59
DEFERRED TAX LIABILITY 8223.95 7465.56
TOTAL DEBT 35121.16 40324.15
SHARE CAPITAL 3000.00 3000.00
RESERVES AND SURPLUS 55497.23 44474.28
EQUITY 58497.23 47474.28
D/E RATIO 0.6 0.85

DEBT
3) DEBT TO ASSET RATIO = --------------------
TOTAL ASSET

TOTAL ASSET = CURRENT ASSET + FIXED ASSET + INVESTMENT

YEAR 2004 2003


DEBT 35121.16 40324.15
CURRENT ASSET 83415.03 83019.85
FIXED ASSET 74534.80 63662.15
INVESTMENT 19769.71 21062.12
TOTAL ASSET 177719.54 167744.12
DEBT TO ASSET RATIO 0.20 0.24
CAPITAL EMPLOYED
4) CAPITAL EQUITY RATIO = ---------------------------------
NET WORTH

NET WORTH = SHARE CAPITAL + RESERVES AND SURPLUS

CAPITAL EMPLOYED = NET WORTH + TOTAL BORROWINGS

YEAR 2004 2003


SHARE CAPITAL 3000.00 3000.00
RESERVES AND SURPLUS 55497.23 44474.28
NET WORTH 58497.23 47474.28
NET WORTH 58497.23 47474.28
TOTAL BORROWINGS 26897.21 32858.59
CAPITAL EMPLOYED 85394.44 80332.87
CAPITAL EQUITY RATIO 1.45 1.69

E.B.D.I.T.
5) INTEREST COVERAGE RATIO = -------------------
INTEREST

E.B.D.I.T. = P.B.T. + INTEREST + DEPRICIATION

YEAR 2004 2003


PBT 26355.15 19935.37
INTEREST(B) 1049.72 2459.46
DEPRICIATION 5611.57 4809.24
P.B.D.I.T.(A) 33016.44 27204.07
RATIO(A/B) 31.47 11.06

C) TURNOVER
COST OF GOODS SOLD
1) INVENTORY TURNOVER RATIO = --------------------------------------
AVERAGE INVENTORY

360
INVENTORY HOLDING PERIOD = ---------------------------------------------
INVENTORY TURNOVER RATIO

(OPENING INVENTORY+CLOSING
INVENTORY)
AVERAGE INVENTORY = ----------------------------------------------------
2

YEAR 2004 2003


R.M COST 92870.67 98590.56
PACKING MATARIAL 445.44 476.68
STORES, SPARES & MATERIAL 195.67 183.46
REPAIR TO MACHINERY 1235.91 1292.58
POWER & FUEL 210.28 216.38
EXCISE DUTY (154.99) 1561.22
COST OF GOODS SOLD 94802.98 102320.88
INVENTORY 43448 43448
INVENTORY TURNOVER RATIO 2.18 2.35
INVENTORY HOLDING PERIOD 165 153

CREDIT SALES
2) DEBTOR TURNOVER RATIO = ------------------------------------
AVERAGE DEBTOR

360
AVERAGE COLLECTION PERIOD = -------------------------------------------------
DEBTOR TURNOVER RATIO

YEAR 2004 2003


GROSS SALES 534483.59 485023.53
SUNDRY DEBTOR 8319.63 8428.52
DEBTOR TURNOVER RATIO 64.24 57.54
NO OF DAYS OF COLLECTION PERIOD 5.6 6.26
GROSS SALES
3) ASSET TURNOVER RATIO = ---------------------------
NET ASSETS

NET ASSETS = FIXED ASSETS +CURRENT ASSET+INVESTMENT

YEAR 2004 2003


GROSS SALES 534483.59 485023.53
FIXED ASSET 74534.80 63662.15
CURRENT ASSET 83415.03 83019.85
INVESTMENET 19769.71 21062.12
NET ASSET 177719.54 167744.12
ASSET TURNOVER RATIO 3.00 2.89

TOTAL SALES
4) WORKING CAPITAL TURNOVER = ---------------------------------------
NET WORKING CAPITAL

NET WORKING CAPITAL = CURRENT ASSETS – CURRENT LIABILITIES

YEAR 2004 2003


TOTAL SALES 534483.59 485023.53
CURRENT ASSET (A) 83415.03 83019.85
CURRENT LIABILITIES (B) 84101.15 79945.69
NET WORKING CAPITAL(A-B) (686.12) 3074.16
NET WORKING CAPITAL RATIO 779 157.77

D) PROFITABILITY RATIOS
GROSS PROFIT
1) GROSS MARGIN RATIO = ---------------------------
TOTAL SALES

GROSS PROFIT = TOTAL SALES -COST OF GOODS

YEAR 2004 2003


TOTAL SALES 534483.59 485023.53
COST OF GOODS 94802.98 102320.88
GROSS PROFIT 439680.61 382702.65
GROSS MARGIN RATIO 82.26 78.90

PAT
2) NET MARGIN RATIO= ----------------------
TOTAL SALES

YEAR 2004 2003

PAT 167.79 (48.07)

TOTAL SALES 1643.27 1509.25

GROSS MARGIN RATIO .102 (0.03)

PBT
3) PBT PERCENTAGE RATIO = ----------------------------
TOTAL SALES

YEAR 2004 2003

PBT 257.13 (90.71)

TOTAL SALES 1643.27 1509.25

PBT PERCENTAGE RATIO .156 (0.06)

PBDIT
4) PBDIT PERCENTAGE RATIO = --------------------------
TOTAL SALES
YEAR 2004 2003
PBT 257.27 (90.71)
DEPRECIATION 69.17 68.25
INTEREST 32.43 48.49
PBDIT 358.87 25.03
TOTAL SALES 1643.27 1509.25
PBDIT PERCENTAGE RATIO .22 (0.016)

PBIT
5) PBIT PERCENTAGE RATIO = --------------------------------
TOTAL SALES

YEAR 2004 2003


PBT 257.27 (90.71)
INTEREST 32.43 48.49
PBIT 289.56 (42.22)
TOTAL SALES 1643.27 1509.25
PBIT PERCENTAGE RATIO .176 (0.023)

PBIT
6)RETURN ON INVESTMENT = ---------------------------------
CAPITAL EMPLOYED

YEAR 2004 2003


PBT 257.27 (90.71)
INTEREST 32.43 48.49
PBIT 289.56 (42.22)
SHARE CAPITAL 551.69 551.69
RESERVES AND SURPLUS 695.40 633.41
TOTAL BORROWINGS 215.88 612.64
CAPITAL EMPLOYED 1462.97 1797.74
RETURN ON INVESTMENT 0.198 (0.023)

PAT
7) RETURN ON EQUITY= -------------------
NET WORTH
YEAR 2004 2003
PAT 167.79 (48.07)
SHARE CAPITAL 551.69 551.69
RESERVES AND SURPLUS 695.40 633.41
NET WORTH 1247.09 1185.1
RETURN ON EQUITY 0.13 (0.04)

PAT
EARNING PER SHARE = -------------------------------
NO. OF SHARES
YEAR 2004 2003
PAT 167.79 Cr (48.07) Cr
NO OF SHARES 551688100 551688100
EARNING PER SHARE 3.309

DIVIDEND
DIVIDEND PER SHARE = -------------------------------
NO OF SHARES

YEAR 2004 2003


DIVIDEND 93.79 Cr ----
NO OF SHARES 551688100 551688100
EARNING PER SHARE 1.705 ----

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