HISTORICAL FINANCIAL STATEMENT - RELIANCE INDUSTRIES LTD

Years Mar-20 Mar-21 Mar-22 Mar-23

# Income Statement
Sales ₹ 596,679.0 ₹ 466,307.0 ₹ 694,673.0 ₹ 876,396.0
Sales Growth - -21.85% 48.97% 26.16%

COGS ₹ 445,847.0 ₹ 328,419.0 ₹ 521,826.0 ₹ 658,075.0

COGS % sales 74.72% 70.43% 75.12% 75.09%

Gross Profit ₹ 150,832.0 ₹ 137,888.0 ₹ 172,847.0 ₹ 218,321.0

Gross Margin 25.28% 29.57% 24.88% 24.91%

Operating Expenses ₹ 61,566.0 ₹ 57,098.0 ₹ 64,266.0 ₹ 76,003.0

Operating Margin 10.32% 12.24% 9.25% 8.67%

EBITDA ₹ 89,266.0 ₹ 80,790.0 ₹ 108,581.0 ₹ 142,318.0

EBITDA Margin 14.96% 17.33% 15.63% 16.24%

Depriciation ₹ 22,203.0 ₹ 26,572.0 ₹ 29,782.0 ₹ 40,303.0

EBIT ₹ 67,063.0 ₹ 54,218.0 ₹ 78,799.0 ₹ 102,015.0

Interest Expenses ₹ 22,027.0 ₹ 21,189.0 ₹ 14,584.0 ₹ 19,571.0

EBT ₹ 45,036.0 ₹ 33,029.0 ₹ 64,215.0 ₹ 82,444.0

Tax Expenses ₹ 13,726.0 ₹ 1,722.0 ₹ 15,970.0 ₹ 20,376.0

Effective Tax Rate 30.48% 5.21% 24.87% 24.71%

Net Profit ₹ 31,310.0 ₹ 31,307.0 ₹ 48,245.0 ₹ 62,068.0

Net Profit Margin 5.25% 6.71% 6.94% 7.08%

No. of Equity Shares 1352.37 1267.89 1352.98 1353.12

Earnings Per share ₹ 23.2 ₹ 24.7 ₹ 35.7 ₹ 45.9

EPS Growth #REF! 6.65% 44.41% 28.64%

Dividend Per Share ₹ 2.4 ₹ 2.8 ₹ 2.8 ₹ 3.0

Dividend Payout Ratio 10.40% 11.35% 7.98% 6.64%

Retained Earnings 89.60% 88.65% 92.02% 93.36%

# Balance Sheet

Equity Share Capital ₹ 6,339.0 ₹ 6,445.0 ₹ 6,765.0 ₹ 6,766.0

Reserves ₹ 442,827.0 ₹ 693,727.0 ₹ 772,720.0 ₹ 709,106.0
Borrowings ₹ 355,133.0 ₹ 278,962.0 ₹ 319,158.0 ₹ 451,664.0
 Other Liabilities ₹ 358,716.0 ₹ 340,931.0 ₹ 399,979.0 ₹ 438,346.0
Total Liabilities ₹ 1,163,015.0 ₹ 1,320,065.0 ₹ 1,498,622.0 ₹ 1,605,882.0

Fixed Assets Net Block ₹ 532,658.0 ₹ 541,258.0 ₹ 627,798.0 ₹ 724,805.0

Capital Work in Progress ₹ 109,106.0 ₹ 125,953.0 ₹ 172,506.0 ₹ 293,752.0
Investments ₹ 276,767.0 ₹ 364,828.0 ₹ 394,264.0 ₹ 235,560.0
Other Assets ₹ 120,005.0 ₹ 169,943.0 ₹ 136,458.0 ₹ 114,645.0
Total Fixed Assets ₹ 1,038,536.0 ₹ 1,201,982.0 ₹ 1,331,026.0 ₹ 1,368,762.0

Receivables ₹ 19,656.0 ₹ 19,014.0 ₹ 23,640.0 ₹ 28,448.0

Inventory ₹ 73,903.0 ₹ 81,672.0 ₹ 107,778.0 ₹ 140,008.0
Cash & Bank ₹ 30,920.0 ₹ 17,397.0 ₹ 36,178.0 ₹ 68,664.0
Total Current Assets ₹ 124,479.0 ₹ 118,083.0 ₹ 167,596.0 ₹ 237,120.0

Total Assets ₹ 1,163,015.0 ₹ 1,320,065.0 ₹ 1,498,622.0 ₹ 1,605,882.0

Check BALANCED BALANCED BALANCED BALANCED

# Cash Flows

Operating Activities
Profit from operations ₹ 85,347.0 ₹ 80,129.0 ₹ 113,726.0 ₹ 140,963.0
Receivables (₹ 13,792.0) ₹ 959.0 (₹ 14,180.0) ₹ 13,194.0
Inventory (₹ 6,342.0) (₹ 7,769.0) (₹ 24,983.0) (₹ 32,228.0)
Payables ₹ 38,050.0 (₹ 43,148.0) ₹ 39,888.0 (₹ 600.0)
Working capital changes ₹ 17,916.0 (₹ 49,958.0) ₹ 725.0 (₹ 19,634.0)
Direct taxes (₹ 8,386.0) (₹ 3,213.0) (₹ 3,797.0) (₹ 6,297.0)
Cash from Operating Activity ₹ 94,877.0 ₹ 26,958.0 ₹ 110,654.0 ₹ 115,032.0

Investing Activities
Fixed assets purchased (₹ 76,517.0) (₹ 105,837.0) (₹ 100,145.0) (₹ 140,988.0)
Fixed assets sold ₹ 964.0 ₹ 2,319.0 ₹ 3,137.0 ₹ 9,186.0
Investments purchased (₹ 1,156,843.0) (₹ 689,866.0) (₹ 667,878.0) (₹ 471,822.0)
Investments sold ₹ 1,174,796.0 ₹ 642,551.0 ₹ 668,137.0 ₹ 501,266.0
Interest received ₹ 1,441.0 ₹ 8,400.0 ₹ 5,933.0 ₹ 11,103.0
Dividends received ₹ 78.0 ₹ 26.0 ₹ 19.0 ₹ 20.0
Other investing items (₹ 16,416.0) ₹ 22.0 (₹ 18,365.0) (₹ 1,766.0)
Cash from Investing Activity (₹ 72,497.0) (₹ 142,385.0) (₹ 109,162.0) (₹ 93,001.0)

Financing Activities
Proceeds from shares ₹ 129.0 ₹ 5.0 ₹ 455.0 ₹ 479.0
Proceeds from borrowings ₹ 53,760.0 ₹ 46,421.0 ₹ 59,343.0 ₹ 67,134.0
Repayment of borrowings (₹ 18,179.0) (₹ 116,921.0) (₹ 49,493.0) (₹ 29,059.0)
Interest paid fin (₹ 28,508.0) (₹ 18,340.0) (₹ 26,349.0) (₹ 21,650.0)
Dividends paid (₹ 4,592.0) (₹ 3,921.0) (₹ 4,297.0) (₹ 5,083.0)
Financial liabilities (₹ 1,062.0) (₹ 1,022.0) (₹ 2,132.0) (₹ 1,406.0)
Share application money ₹ 1.0 - - -
Other financing items (₹ 4,090.0) ₹ 195,682.0 ₹ 39,762.0 ₹ 40.0
Cash from Financing Activity (₹ 2,541.0) ₹ 101,904.0 ₹ 17,289.0 ₹ 10,455.0

Net Cash Flow ₹ 19,839.0 (₹ 13,523.0) ₹ 18,781.0 ₹ 32,486.0

IES LTD
Mar-24 LTM

₹ 899,041.0 ₹ 924,938.0
2.58% 2.88%

₹ 651,435.0 ₹ 763,943.0
72.46% 82.59%

₹ 247,606.0 ₹ 160,995.0
27.54% 17.41%

₹ 85,108.0
9.47%

₹ 162,498.0 ₹ 160,995.0
18.07% 17.41%

₹ 50,832.0 -

₹ 111,666.0 ₹ 160,995.0

₹ 23,118.0 ₹ 23,485.0

₹ 88,548.0 ₹ 137,510.0

₹ 25,707.0 ₹ 24,644.0
29.03% 17.92%

₹ 62,841.0 ₹ 112,866.0
6.99% 12.20%

1353.14 1353.14

₹ 46.4 ₹ 83.4
1.24% 79.61%

₹ 3.3 ₹ 4.0
7.18% 4.80%

92.82% 95.20%

₹ 6,766.0
₹ 786,715.0
₹ 458,991.0
 ₹ 502,576.0
₹ 1,755,048.0

₹ 779,985.0
₹ 338,855.0
₹ 225,672.0
₹ 128,913.0
₹ 1,473,425.0

₹ 31,628.0
₹ 152,770.0
₹ 97,225.0
₹ 281,623.0

₹ 1,755,048.0

BALANCED

₹ 164,383.0
(₹ 15,674.0)
(₹ 12,756.0)
₹ 34,796.0
₹ 6,366.0
(₹ 11,961.0)
₹ 158,788.0

(₹ 152,883.0)
₹ 15,307.0
(₹ 514,380.0)
₹ 531,355.0
₹ 10,648.0
₹ 75.0
(₹ 3,703.0)
(₹ 113,581.0)

₹ 20,915.0
₹ 69,610.0
(₹ 60,348.0)
(₹ 37,173.0)
(₹ 6,089.0)
(₹ 2,483.0)
-
(₹ 1,078.0)
(₹ 16,646.0)

₹ 28,561.0
 Common Size Income Statement - ZOMATO LTD

Particulars Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

Sales 100.00% 100.00% 100.00% 100.00% 100.00%

Raw Material Cost 68.76% 64.71% 71.18% 70.60% 65.65%
Change in Inventory 0.85% 1.94% 3.09% 3.45% 0.54%
Power and Fuel 2.53% 2.83% 2.58% 2.86% 2.46%
Other Mfr. Exp 1.92% 1.65% 1.75% 2.24% 2.03%
Employee Cost 2.36% 3.18% 2.70% 2.84% 2.86%
Selling and admin 10.50% 12.04% 9.14% 7.69% 8.60%
Other Expenses -0.18% 0.20% 0.11% 0.99% 0.87%
Other Income 1.44% 4.81% 2.82% 1.37% 1.80%
Depreciation 3.72% 5.70% 4.29% 4.60% 5.65%
Interest 3.69% 4.54% 2.10% 2.23% 2.57%
Profit before tax 8.98% 11.89% 12.07% 10.78% 11.65%
Tax 2.30% 0.37% 2.30% 2.32% 2.86%
Net profit 6.60% 10.54% 8.74% 7.61% 7.74%
Dividend Amount 0.69% 0.97% 0.78% 0.69% 0.75%

Common Size Balance Sheet - ZOMATO LTD

Particulars Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

Total Liabilities 100.00% 100.00% 100.00% 100.00% 100.00%

Equity Share Capital 0.55% 0.49% 0.45% 0.42% 0.39%
Reserves 38.08% 52.55% 51.56% 44.16% 44.83%
Borrowings 30.54% 21.13% 21.30% 28.13% 26.15%
Other Liabilities 30.84% 25.83% 26.69% 27.30% 28.64%

Total Assets 100.00% 100.00% 100.00% 100.00% 100.00%

Net Block 45.80% 41.00% 41.89% 45.13% 44.44%
Capital Work in Progress 9.38% 9.54% 11.51% 18.29% 19.31%
Investments 23.80% 27.64% 26.31% 14.67% 12.86%
Other Assets 10.32% 12.87% 9.11% 7.14% 7.35%
Receivables 1.69% 1.44% 1.58% 1.77% 1.80%
Inventory 6.35% 6.19% 7.19% 8.72% 8.70%
Cash & Bank 2.66% 1.32% 2.41% 4.28% 5.54%
 RATIO ANALYSIS - RELIANCE INDUSTRIES LTD
Years Mar-20 Mar-21 Mar-22 Mar-23
# Liquidity Ratios
Current Ratio 0.35 0.35 0.42 0.54
Acid Test Ratio 0.14 0.11 0.15 0.22
Cash Ratio 0.09 0.05 0.09 0.16
Operating Cash Flow Ratio 0.26 0.08 0.28 0.26
# Leverage Financial Ratios
Debt Ratio 0.61 0.47 0.48 0.55
Debt to Equity Ratio 0.89 0.64 0.66 0.77
Interest Coverage Ratio 3.04 2.56 5.40 5.21
Debt Service Coverage Ratio (2.72) (0.48) (1.29) (3.28)
# Efficiency Ratios
Asset Turnover Ratio
Inventory Turnover Ratio
Accounts Receivable Turnover Ratio
Days Sales in Inventory Ratio
# Profitability Ratios
Gross Margin Ratio
Operating Margin Ratio
Return on Assets Ratio
Return on Equity Ratio
# Market Value Ratios
Book Value per Share Ratio
Dividend Yield Ratio
Earnings Per Share Ratio
Price-Earnings Ratio
Mar-24

0.56
0.26
0.19
0.32

0.55
0.77
4.83
(1.50)
 RELIANCE INDUSTRIES LTD- Sales
Weight Year Sales Sales Growth
1 2018A 390823.0
2 2019A 568337.0 -99.66%
3 2020A 596679.0 4.99%
4 2021A 466307.0 -21.85%
5 2022A 694673.0 48.97%
6 2023A 876396.0 26.16%
7 2024A 899041.0 2.58%
8 2025E -100412.4 -111.17%
9 2026E 1041530.5 -1137.25%
10 2027E 1121486.4 7.68%
11 2028E 1201442.4 7.13%
12 2029E 1281398.3 6.65%
COMPANY NAME RELIANCE INDUSTRIES LTD
LATEST VERSION 2.10 PLEAS
CURRENT VERSION 2.10

META
Number of shares 1,353.46
Face Value 10.00
Current Price 1,252.20
Market Capitalization 1,694,796.90

PROFIT & LOSS

Report Date Mar-15 Mar-16 Mar-17 Mar-18
Sales 374,372.00 272,583.00 303,954.00 390,823.00
Raw Material Cost 292,563.00 186,254.00 217,518.00 276,076.00
Change in Inventory -1,483.00 -2,560.00 5,218.00 8,610.00
Power and Fuel 13,261.00 10,741.00 11,251.00 14,569.00
Other Mfr. Exp 8,914.00 8,272.00 9,909.00 9,691.00
Employee Cost 6,262.00 7,407.00 8,388.00 9,523.00
Selling and admin 12,548.00 18,808.00 18,520.00 29,111.00
Other Expenses 1,892.00 -3,240.00 -2,721.00 -3,852.00
Other Income 8,528.00 12,212.00 9,222.00 9,869.00
Depreciation 11,547.00 11,565.00 11,646.00 16,706.00
Interest 3,316.00 3,691.00 3,849.00 8,052.00
Profit before tax 31,114.00 38,737.00 40,034.00 49,426.00
Tax 7,474.00 8,876.00 10,201.00 13,346.00
Net profit 23,566.00 29,745.00 29,901.00 36,075.00
Dividend Amount 2,943.00 3,095.40 3,254.90 3,553.20

Quarters
Report Date Jun-22 Sep-22 Dec-22 Mar-23
Sales 218,855.00 229,409.00 216,737.00 212,834.00
Expenses 181,157.00 198,438.00 181,728.00 174,478.00
Other Income 2,275.00 3,656.00 3,377.00 2,996.00
Depreciation 8,942.00 9,726.00 10,183.00 11,452.00
Interest 3,997.00 4,554.00 5,201.00 5,819.00
Profit before tax 27,034.00 20,347.00 23,002.00 24,081.00
Tax 7,591.00 4,835.00 5,196.00 2,754.00
Net profit 17,955.00 13,656.00 15,792.00 19,299.00
Operating Profit 37,698.00 30,971.00 35,009.00 38,356.00
BALANCE SHEET
Report Date Mar-15 Mar-16 Mar-17 Mar-18
Equity Share Capital 2,943.00 2,948.00 2,959.00 5,922.00
Reserves 215,556.00 228,608.00 260,750.00 287,584.00
Borrowings 168,251.00 194,714.00 217,475.00 239,843.00
Other Liabilities 117,736.00 172,727.00 225,618.00 277,924.00
Total 504,486.00 598,997.00 706,802.00 811,273.00
Net Block 156,458.00 184,910.00 198,526.00 403,885.00
Capital Work in Progress 166,462.00 228,697.00 324,837.00 187,022.00
Investments 76,451.00 84,015.00 82,899.00 82,862.00
Other Assets 105,115.00 101,375.00 100,540.00 137,504.00
Total 504,486.00 598,997.00 706,802.00 811,273.00
Receivables 5,315.00 4,465.00 8,177.00 17,555.00
Inventory 53,248.00 46,486.00 48,951.00 60,837.00
Cash & Bank 12,545.00 11,028.00 3,023.00 4,255.00
No. of Equity Shares ### ### ### ###
New Bonus Shares ###
Face value 10.00 10.00 10.00 10.00

CASH FLOW:
Report Date Mar-15 Mar-16 Mar-17 Mar-18
Cash from Operating Activity 34,374.00 38,134.00 49,550.00 71,459.00
Cash from Investing Activity -64,706.00 -36,186.00 -66,201.00 -68,192.00
Cash from Financing Activity 8,444.00 -3,210.00 8,617.00 -2,001.00
Net Cash Flow -21,888.00 -1,262.00 -8,034.00 1,266.00

PRICE: 187.66 237.46 300.09 401.08

DERIVED:
Adjusted Equity Shares in Cr 1,380.56 1,382.58 1,387.22 1,351.39
 PLEASE DO NOT MAKE ANY CHANGES TO THIS SHEET

Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

568,337.00 596,679.00 466,307.00 694,673.00 876,396.00 899,041.00
399,167.00 410,288.00 301,765.00 494,449.00 618,746.00 590,226.00
4,680.00 5,048.00 9,064.00 21,457.00 30,263.00 4,883.00
17,029.00 15,098.00 13,214.00 17,902.00 25,062.00 22,137.00
12,198.00 11,434.00 7,687.00 12,174.00 19,658.00 18,276.00
12,488.00 14,075.00 14,817.00 18,758.00 24,872.00 25,679.00
50,221.00 62,622.00 56,154.00 63,513.00 67,369.00 77,292.00
-2,336.00 -1,056.00 944.00 753.00 8,634.00 7,816.00
8,406.00 8,570.00 22,432.00 19,600.00 12,020.00 16,179.00
20,934.00 22,203.00 26,572.00 29,782.00 40,303.00 50,832.00
16,495.00 22,027.00 21,189.00 14,584.00 19,571.00 23,118.00
55,227.00 53,606.00 55,461.00 83,815.00 94,464.00 104,727.00
15,390.00 13,726.00 1,722.00 15,970.00 20,376.00 25,707.00
39,588.00 39,354.00 49,128.00 60,705.00 66,702.00 69,621.00
3,851.90 4,120.35 4,511.50 5,412.00 6,089.40 6,766.00

Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24

207,559.00 231,886.00 225,086.00 236,533.00 231,784.00 231,535.00
169,466.00 190,918.00 184,430.00 194,017.00 193,019.00 192,477.00
3,813.00 3,841.00 4,022.00 4,534.00 3,983.00 4,876.00
11,775.00 12,585.00 12,903.00 13,569.00 13,596.00 12,880.00
5,837.00 5,731.00 5,789.00 5,761.00 5,918.00 6,017.00
24,294.00 26,493.00 25,986.00 27,720.00 23,234.00 25,037.00
6,112.00 6,673.00 6,345.00 6,577.00 5,786.00 5,936.00
16,011.00 17,394.00 17,265.00 18,951.00 15,138.00 16,563.00
38,093.00 40,968.00 40,656.00 42,516.00 38,765.00 39,058.00
Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24
5,926.00 6,339.00 6,445.00 6,765.00 6,766.00 6,766.00
381,186.00 442,827.00 693,727.00 772,720.00 709,106.00 786,715.00
307,714.00 355,133.00 278,962.00 319,158.00 451,664.00 458,991.00
302,804.00 358,716.00 340,931.00 399,979.00 438,346.00 502,576.00
997,630.00 1,163,015.00 1,320,065.00 1,498,622.00 1,605,882.00 1,755,048.00
398,374.00 532,658.00 541,258.00 627,798.00 724,805.00 779,985.00
179,463.00 109,106.00 125,953.00 172,506.00 293,752.00 338,855.00
235,635.00 276,767.00 364,828.00 394,264.00 235,560.00 225,672.00
184,158.00 244,484.00 288,026.00 304,054.00 351,765.00 410,536.00
997,630.00 1,163,015.00 1,320,065.00 1,498,622.00 1,605,882.00 1,755,048.00
30,089.00 19,656.00 19,014.00 23,640.00 28,448.00 31,628.00
67,561.00 73,903.00 81,672.00 107,778.00 140,008.00 152,770.00
11,081.00 30,920.00 17,397.00 36,178.00 68,664.00 97,225.00
### ### ### ### ### ###
###
10.00 10.00 10.00 10.00 10.00 10.00

Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

42,346.00 94,877.00 26,958.00 110,654.00 115,032.00 158,788.00
-94,507.00 -72,497.00 -142,385.00 -109,162.00 -93,001.00 -113,581.00
55,906.00 -2,541.00 101,904.00 17,289.00 10,455.00 -16,646.00
3,745.00 19,839.00 -13,523.00 18,781.00 32,486.00 28,561.00

619.43 506.06 918.78 1,208.51 1,069.21 1,485.85

1,352.26 1,352.37 1,267.89 1,352.98 1,353.12 1,353.14

Particulars Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

Equity Capital 5,922.0 5,926.0 6,339.0 6,445.0 6,765.0

Reserves 287,584.0 381,186.0 442,827.0 693,727.0 772,720.0

Borrowings -
Long term Borrowings 164,385.0 226,345.0 216,470.0 182,520.0 224,883.0
Short term Borrowings 37,429.0 64,436.0 93,786.0 88,128.0 78,606.0
Lease Liabilities - - - 8,314.0 15,669.0
Other Borrowings 38,029.0 16,933.0 44,877.0 - -

Other Liabilities -
Non controlling int 3,539.0 8,280.0 12,181.0 99,260.0 109,499.0
Trade Payables 106,861.0 108,309.0 96,799.0 108,897.0 159,330.0
Other liability items 167,524.0 186,215.0 249,736.0 132,774.0 131,150.0

Total Liabilities 811,273.0 997,630.0 1,163,015.0 1,320,065.0 1,498,622.0

Fixed Assets -
Land 66,765.0 49,371.0 68,743.0 68,768.0 69,855.0
Building 22,194.0 27,672.0 34,380.0 36,781.0 47,561.0
Plant Machinery 325,183.0 318,853.0 449,770.0 471,201.0 518,865.0
Ships Vessels 5,038.0 417.0 502.0 515.0 508.0
Equipments - - - - 32,638.0
Furniture n fittings 10,146.0 21,817.0 31,211.0 38,039.0 24,970.0
Vehicles 1,199.0 1,240.0 1,411.0 2,336.0 2,530.0
Intangible Assets 76,599.0 86,765.0 81,462.0 77,353.0 65,970.0
Other fixed assets 74,160.0 90,387.0 76,299.0 80,819.0 120,717.0
Gross Block 581,284.0 596,522.0 743,778.0 775,812.0 883,614.0
Accumulated Depreciation 177,399.0 198,148.0 211,120.0 234,554.0 255,816.0

Net Block 403,885.0 398,374.0 532,658.0 541,258.0 627,798.0

CWIP 187,022.0 179,463.0 109,106.0 125,953.0 172,506.0

Investments 82,862.0 235,635.0 276,767.0 364,828.0 394,264.0

Other Assets -
Inventories 60,837.0 67,561.0 73,903.0 81,672.0 107,778.0
Trade receivables 17,555.0 30,089.0 19,656.0 19,014.0 23,640.0
Cash Equivalents 4,255.0 11,081.0 30,920.0 17,397.0 36,178.0
Loans n Advances 2,327.0 545.0 669.0 65.0 130.0
Other asset items 52,530.0 74,882.0 119,336.0 169,878.0 136,328.0

Total Assets 811,273.0 997,630.0 1,163,015.0 1,320,065.0 1,498,622.0

Cash from Operating Activity - 71,459.0 42,346.0 94,877.0 26,958.0 110,654.0
Profit from operations 62,765.0 83,319.0 85,347.0 80,129.0 113,726.0
Receivables (21,991.0) (40,136.0) (13,792.0) 959.0 (14,180.0)
Inventory (10,474.0) (6,724.0) (6,342.0) (7,769.0) (24,983.0)
Payables 51,003.0 18,078.0 38,050.0 (43,148.0) 39,888.0
Working capital changes 18,538.0 (28,782.0) 17,916.0 (49,958.0) 725.0
Direct taxes (9,844.0) (12,191.0) (8,386.0) (3,213.0) (3,797.0)
Other operating items - - - - -

Cash from Investing Activity - (68,192.0) (94,507.0) (72,497.0) (142,385.0) (109,162.0)

Fixed assets purchased (73,953.0) (93,626.0) (76,517.0) (105,837.0) (100,145.0)
Fixed assets sold 999.0 849.0 964.0 2,319.0 3,137.0
Investments purchased (533,984.0) (1,107,439.0) (1,156,843.0) (689,866.0) (667,878.0)
Investments sold 537,504.0 1,103,615.0 1,174,796.0 642,551.0 668,137.0
Interest received 1,310.0 972.0 1,441.0 8,400.0 5,933.0
Dividends received 1,021.0 501.0 78.0 26.0 19.0
Other investing items (1,089.0) 621.0 (16,416.0) 22.0 (18,365.0)

Cash from Financing Activity - (2,001.0) 55,906.0 (2,541.0) 101,904.0 17,289.0

Proceeds from shares 406.0 230.0 129.0 5.0 455.0
Proceeds from borrowings 36,970.0 106,701.0 53,760.0 46,421.0 59,343.0
Repayment of borrowings (19,813.0) (20,245.0) (18,179.0) (116,921.0) (49,493.0)
Interest paid fin (17,669.0) (23,338.0) (28,508.0) (18,340.0) (26,349.0)
Dividends paid (3,916.0) (4,282.0) (4,592.0) (3,921.0) (4,297.0)
Financial liabilities - - (1,062.0) (1,022.0) (2,132.0)
Share application money 15.0 2.0 1.0 - -
Other financing items 2,006.0 (3,162.0) (4,090.0) 195,682.0 39,762.0
Net Cash Flow 1,266.0 3,745.0 19,839.0 (13,523.0) 18,781.0
 Mar-23 Mar-24

6,766.0 6,766.0

709,106.0 786,715.0

296,023.0 330,984.0
130,790.0 101,910.0
20,426.0 21,520.0
4,425.0 4,577.0

113,009.0 132,307.0
147,172.0 178,377.0
178,165.0 191,892.0

1,605,882.0 1,755,048.0

79,697.0 87,287.0
69,747.0 82,062.0
557,687.0 579,067.0
518.0 522.0
45,067.0 59,936.0
38,161.0 43,458.0
3,667.0 3,745.0
85,032.0 103,453.0
138,426.0 155,052.0
1,018,002.0 1,114,582.0
293,197.0 334,597.0

724,805.0 779,985.0

293,752.0 338,855.0
235,560.0 225,672.0

140,008.0 152,770.0
28,448.0 31,628.0
68,664.0 97,225.0
176.0 2,517.0
114,469.0 126,396.0

1,605,882.0 1,755,048.0
 115,032.0 158,788.0
140,963.0 164,383.0
13,194.0 (15,674.0)
(32,228.0) (12,756.0)
(600.0) 34,796.0
(19,634.0) 6,366.0
(6,297.0) (11,961.0)
- -

(93,001.0) (113,581.0)
(140,988.0) (152,883.0)
9,186.0 15,307.0
(471,822.0) (514,380.0)
501,266.0 531,355.0
11,103.0 10,648.0
20.0 75.0
(1,766.0) (3,703.0)

10,455.0 (16,646.0)
479.0 20,915.0
67,134.0 69,610.0
(29,059.0) (60,348.0)
(21,650.0) (37,173.0)
(5,083.0) (6,089.0)
(1,406.0) (2,483.0)
- -
40.0 (1,078.0)
32,486.0 28,561.0
 Mar-18 Mar-19 Mar-20
Cash from Operating Activity - 71459 42346 94,877
Profit from operations 62765 83319 85,347
Receivables -21991 -40136 -13792
Inventory -10474 -6724 -6342
Payables 51003 18078 38050
Working capital changes 18538 -28782 17916
Direct taxes -9844 -12191 -8386
Cash from Investing Activity - -68,192 -94,507 -72,497
Fixed assets purchased -73,953 -93,626 -76,517
Fixed assets sold 999 849.00 964.00
Investments purchased -533,984 -1,107,439.00 -1,156,843.00
Investments sold 537,504 1,103,615.00 1,174,796.00
Interest received 1,310 972.00 1,441.00
Dividends received 1,021 501.00 78.00
Other investing items -1,089 621.00 -16,416.00
Cash from Financing Activity - -2,001 55,906.00 -2,541.00
Proceeds from shares 406 230.00 129.00
Proceeds from borrowings 36,970 106,701.00 53,760.00
Repayment of borrowings -19,813 -20,245.00 -18,179.00
Interest paid fin -17,669 -23,338.00 -28,508.00
Dividends paid -3,916 -4,282.00 -4,592.00
Financial liabilities 0 0.00 -1,062.00
Share application money 15 2.00 1.00
Other financing items 2,006 -3,162.00 -4,090.00

Net Cash Flow -45

 Mar-21 Mar-22 Mar-23 Mar-24
26,958 110654 115032 158788
80129 113726 140963 164383
959 -14180 13194 -15674
-7769 -24983 -32228 -12756
-43148 39888 -600 34796
-49958 725 -19634 6366
-3213 -3797 -6297 -11961
-142,385 -109,162 -93,001 -113,581
-105,837 -100,145 -140,988 -152,883
2,319.00 3,137 9186.00 15,307
-689,866.00 -667,878 -471822.00 -514,380
642,551.00 668,137 501266.00 531,355
8,400.00 5,933 11103.00 10,648
26.00 19 20.00 75
22.00 -18,365 -1766.00 -3,703
101,904.00 17,289 10455.00 -16,646
5.00 455 479.00 20,915
46,421.00 59,343 67134.00 69,610
-116,921.00 -49,493 -29059.00 -60,348
-18,340.00 -26,349 -21650.00 -37,173
-3,921.00 -4,297 -5083.00 -6,089
-1,022.00 -2,132 -1406.00 -2,483
0.00 0 0.00 0
195,682.00 39,762 40.00 -1,078

139 86 -174 91
 Mar-18 Mar-19 Mar-20 Mar-21
Cash from Operating Activity - 71,459 42,346 94,877 26,958
Profit from operations 62,765 83,319 85,347 80,129
Receivables -21,991 -40,136 -13,792 959
Inventory -10,474 -6,724 -6,342 -7,769
Payables 51,003 18,078 38,050 -43,148

Working capital changes 18,538 -28,782 17,916 -49,958

Direct taxes -9,844 -12,191 -8,386 -3,213
Cash from Investing Activity - -68,192 -94,507 -72,497 -142,385
Fixed assets purchased -73,953 -93,626 -76,517 -105,837
Fixed assets sold 999 849.00 964.00 2,319.00
Investments purchased -533,984 -1,107,439.00 -1,156,843.00 -689,866.00
Investments sold 537,504 1,103,615.00 1,174,796.00 642,551.00
Interest received 1,310 972.00 1,441.00 8,400.00
Dividends received 1,021 501.00 78.00 26.00
Other investing items -1,089 621.00 -16,416.00 22.00
Cash from Financing Activity - -2,001 55,906.00 -2,541.00 101,904.00
Proceeds from shares 406 230.00 129.00 5.00
Proceeds from borrowings 36,970 106,701.00 53,760.00 46,421.00
Repayment of borrowings -19,813 -20,245.00 -18,179.00 -116,921.00
Interest paid fin -17,669 -23,338.00 -28,508.00 -18,340.00
Dividends paid -3,916 -4,282.00 -4,592.00 -3,921.00
Financial liabilities 0 0.00 -1,062.00 -1,022.00
Share application money 15 2.00 1.00 0.00
Other financing items 2,006 -3,162.00 -4,090.00 195,682.00

Net Cash Flow 1,266 3,745.00 19,839.00 -13,523.00

 Mar-22 Mar-23 Mar-24
110,654 115,032 158,788
113,726 140,963 164,383
-14,180 13,194 -15,674
-24,983 -32,228 -12,756
39,888 -600 34,796

725 -19,634 6,366

-3,797 -6,297 -11,961
-109,162 -93,001 -113,581
-100,145 -140,988 -152,883
3,137 9186.00 15,307
-667,878 -471822.00 -514,380
668,137 501266.00 531,355
5,933 11103.00 10,648
19 20.00 75
-18,365 -1766.00 -3,703
17,289 10455.00 -16,646
455 479.00 20,915
59,343 67134.00 69,610
-49,493 -29059.00 -60,348
-26,349 -21650.00 -37,173
-4,297 -5083.00 -6,089
-2,132 -1406.00 -2,483
0 0.00 0
39,762 40.00 -1,078

18,781 32486.00 28,561