36 - vaibhav raj dixit - ambuja cements

8/8/2019 36 - Vaibhav Raj Dixit - Ambuja Cements

1/32

CURENT RATIOS

Year current asset current liabilities

2004 7801 5078.73

2005 491.48 347.41

2006 587.84 395.75

2007 1,177.61 701.59

2008 1,587.33 1,169.09

2009 2,339.45 1,473.80

Debtor Turn over RATIOS

Year Sales Average debtors Debtor Turn over rat

2004 197939.51 2753.17 71.9

2005 2305.18 44.33 52.01

2006 3,025.84 44.28 68.34

2007 7,010.47 67.9 103.25

2008 6,469.68 117.19 55.212009 7,089.89 185.14 38.29

80

100

120

Debtor Turn over ratio

1 2 3 4

0

0.2

0.4

0.6

0.8

1

1.2

1.4

1.6

1.8

current ratio


2/32

Return on Assets ratio

Year net income total assets Return on assets rati

2004 1856214 4740940 0.39

2005 3,367,796 36621479 0.09

2006 4,682,920 36,869,598 0.13

2007 15,032,464 47,409,634 0.32

2008 17,691,056.00 53,700,500.00 0.332009 14,022,776.00 63,423,021.00 0.22

1 2 3 4

0

20

40

60

1 2 3 4

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

0.45

Return on assets ratio


3/32

Return on equity ratio


4/32

Year net income total equity

2004 1856214 142517.05

2005 3,367,796 174298

2006 4,682,920 240,126

2007 15,032,464 390,178

2008 17,691,056.00 485,926.00

2009 14,022,776.00 567,140.00

Intrest coverage ratio

1 2 3 4

0

5

10

15

20

25

30

35

40

45

Return on equity ratio

Rr


5/32

Year profit before taxe intrest expenditure

2004 176588.24 217555

2005 454,100 900600

2006 6,180,900 9,021,000

2007 20,044,900 8,015,000

2008 27,893,600.00 7,709,000.00

2009 19,576,400.00 3,206,000.00

price earning ratio

1 2 3 4

0

1

2

3

4

5

6

7

interest coverage rat


6/32

Year price of 1 share earning per share

2004 274.85 8.14

2005 449 21.24

2006 245 3

2007 245 10

2008 245 11.64

2009 245.00 9.21

1 2 3 4

0

10

20

30

40

50

60

70

80

price earning ratio


7/32

current ratio

1.54

1.41

1.49

1.68

1.36

1.59

io Year

2004

2005

2006

2007

20082009

20

25

30

1 2

0

0.2

0.4

0.6

0.8

1

1.2

1.4

1.6

5 6

current ratio


8/32

o Year

2004

2005

2006

2007

20082009

1

0

5

10

15

5 6

Debtor Turn overratio

5 6

Return on assetsratio

1 2

0

0.5

1

1.52

2.5

3

3.5

4

4.5


9/32


10/32

Return on equity ratio Year

13.02 2004

19.32 2005

19.5 2006

38.53 2007

36.41 2008

24.73 2009

5 6

eturn on equitytio

1 2

0

0.5

1

1.5

2

2.5

3

3.5

Pro


11/32

interest coverage ratio Year

0.81 2004

0.5 2005

0.69 2006

2.5 2007

3.62 2008

6.11 2009

Earning per share

5 6

io

interest coverage

ratio

1 2

0

1

2

3

4

5

6

7

return


12/32

price earning ratio Year net profit

33.77 2004 118316000

21.12 2005 3,576,900,000

70.73 2006 4,682,900,000

24.24 2007 15,282,000,000

21.07 2008 17,691,000,000

26.6 2009 14,022,700,000

5 6

price earning ratio

1 2

0

5

10

15

20

25

earn


13/32

QUICK RATIO

Year Quick asset Current liabilitieQuick ratio

2004 4516.95 5078.73 0.89

2005 237.2 347.41 0.68

2006 587.84 395.75 1.49

2007 270.84 701.59 0.39

2008 768.79 1,169.09 0.66

2009 1,399.70 1,473.80 0.95

Inventory Turn over RATIOS

COGS Average inventories Inventory Turn over ratio

136046.1 18490.02 7.36

1964.7 239.3 8.21

2,854.61 369.22 7.73

5,168.87 362.91 14.24

4,543.22 495.21 9.177,089.89 259.44 27.33

Inventory Turn over ratio

3 4 5 6

Quick ratio

Quick ratio


14/32

asset turnover ratio

sales total assets asset turnover ratio

19793951 4740940 4.18

23051800 36621479 0.63

302,584.00 36,869,598 0.01

701,047.00 47,409,634 0.01

646,968.00 53,700,500.00 0.01708,989.00 63,423,021.00 0.01

2 3 4 5 6

Inventory Turn overratio

3 4 5 6




15/32

profit margin ratio


16/32

profit after tax net sales Profit margin ratio

1856214 3150553 0.59

3,367,796 2417780 1.39

4,682,920 3,085,470 1.52

15,032,464 6,393,130 2.35

17,691,056 5,792,080 3.05

14,022,776 5,671,400 2.47

return on equity

3 4 5 6

fit margin ratio

Profit margin ratio


17/32

net profit average shareholders return on investment

1856214 1425170.5 1.3

3,367,796 1673500.5 2.01

4,682,920 2,248,900 2.08

15,032,464 2,868,750 5.24

17,691,056 3,039,250 5.82

14,022,776 3,045,000 4.61

4 5 6

on investment

return on investment


18/32

No. of shares earning per share

192450483 0.61

182357454 19.61

1,351,670,085 3.46

1,509,897,352 10.12

1,520,262,996 11.64

1,522,509,108.00 9.21

3 4 5 6

ing per share

earning per share


19/32

Jun '04 Jun '05 Dec '06 Dec '07 Dec '08

12 mths 12 mths 18 mths 12 mths

Sources Of Funds

Total Share Capital 179.4 270.38 303.37 304.48

Equity Share Capital 179.4 270.38 303.37 304.48Share Application Money 0.07 0.03 1.14 0

Preference Share Capital 0 0 0 0

Reserves 1,842.29 1,908.01 3,187.21 4,356.77

Revaluation Reserves 0 0 0 0

Networth 2,021.76 2,178.42 3,491.72 4,661.25

Secured Loans 649.78 549.33 317.77 100

Unsecured Loans 619.9 578.12 547.61 230.42

Total Debt 1,269.68 1,127.45 865.38 330.42

Total Liabilities 3,291.44 3,305.87 4,357.10 4,991.67

Jun '04 Jun '05 Dec '06 Dec '07

12 mths 12 mths 18 mths 12 mths

Application Of Funds

Gross Block 3,658.07 3,709.17 4,542.50 5,231.05

Less: Accum. Depreciation 1,284.14 1,463.93 2,053.32 2,271.19

Net Block 2,373.93 2,245.24 2,489.18 2,959.86

Capital Work in Progress 124.29 118.1 634.93 696.79

Investments 1,010.97 1,125.06 1,133.12 1,288.94

Inventories 254.28 317 408.82 581.6

Sundry Debtors 42.71 45.84 89.95 145.68Cash and Bank Balance 68.52 86.27 172.36 114.94

Total Current Assets 365.51 449.11 671.13 842.22

Loans and Advances 171.84 145.1 313.03 237.04

Fixed Deposits 0.31 0.26 205.74 535.85

Total CA, Loans & Advances 537.66 594.47 1,189.90 1,615.11

Deffered Credit 0 0 0 0

Current Liabilities 692.96 676.7 929.06 1,081.70

Provisions 71.34 106.77 168.68 493.55

Total CL & Provisions 764.3 783.47 1,097.74 1,575.25

Net Current Assets -226.64 -189 92.16 39.86

Miscellaneous Expenses 8.89 6.47 7.71 6.22

Total Assets 3,291.44 3,305.87 4,357.10 4,991.67

Contingent Liabilities 194.57 332.7 506.71 1,193.08

Book Value (Rs) 112.69 16.11 23.01 30.62


20/32


21/32


22/32


23/32

12 mths

304.52

304.520

0

5,368.35

0

5,672.87

100

188.67

288.67

5,961.54

Dec '08

12 mths

5,706.94

2,514.19

3,192.75

1,947.22

332.39

939.75

224.6123.73

1,288.08

351.82

728.11

2,368.01

0

1,412.55

470.56

1,883.11

484.9

4.28

5,961.54

1,224.42

37.26


24/32


25/32


26/32

=


27/32

Ambuja Cements

Profit & Loss account


12 mths 12 mths 18 mths 12 mths 12 mths

Income

Sales Turnover 2,305.18 3,025.84 7,022.59 6,469.68 7,089.89

Excise Duty 343.05 428.79 796.31 798.29 907.80

Net Sales 1,962.13 2,597.05 6,226.28 5,671.39 6,182.09

Other Income 71.84 70.51 111.07 965.04 468.18

Stock Adjustments 11.27 6.97 -10.92 58.79 62.62

Total Income 2,045.24 2,674.53 6,326.43 6,695.22 6,712.89

Expenditure

Raw Materials 337.45 435.52 1,007.07 953.32 1,251.08

Power & Fuel Cost 463.63 678.40 1,239.87 1,004.20 1,325.69

Employee Cost 88.68 106.44 235.98 209.46 266.94

71.68 92.97 185.59 124.50 145.61

408.14 502.01 1,273.55 1,254.41 1,276.80

Miscellaneous Expenses 55.95 61.77 122.96 140.63 215.64

0.00 -3.43 -10.82 -9.47 -21.19

Total Expenses 1,425.53 1,873.68 4,054.20 3,677.05 4,460.57


12 mths 12 mths 18 mths 12 mths 12 mths

Operating Profit 547.87 730.34 2,161.16 2,053.13 1,784.14

PBDIT 619.71 800.85 2,272.23 3,018.17 2,252.32

-------------------in Rs. Cr.

-------------------

Other ManufacturingExpenses

Selling and AdminExpenses

Preoperative ExpCapitalised


28/32

Interest 114.22 91.77 113.23 75.85 32.06

PBDT 505.49 709.08 2,159.00 2,942.32 2,220.26

Depreciation 168.61 195.41 326.12 236.34 259.76

Other Written Off 0.70 0.94 1.07 0.47 1.72

Profit Before Tax 336.18 512.73 1,831.81 2,705.51 1,958.78

Extra-ordinary items 47.59 6.08 10.17 -194.92 11.28

PBT (Post Extra-ord Items) 383.77 518.81 1,841.98 2,510.59 1,970.06

Tax 46.98 50.52 338.73 741.49 567.79

Reported Net Profit 336.79 468.29 1,503.25 1,769.10 1,402.27

Total Value Addition 1,088.08 1,438.16 3,047.13 2,723.73 3,209.49

Preference Dividend 0.00 0.00 0.00 0.00 0.00

Equity Dividend 142.07 189.16 461.24 532.65 334.97

Corporate Dividend Tax 18.34 26.54 64.69 90.52 56.92

Per share data (annualised)

Shares in issue (lakhs) 1,794.00 13,518.83 15,168.29 15,223.75 15,225.99

Earning Per Share (Rs) 18.77 3.46 9.91 11.62 9.21

Equity Dividend (%) 80.00 90.00 165.00 175.00 110.00

Book Value (Rs) 112.69 16.11 23.01 30.62 37.26


29/32


30/32


31/32

the current ratio shows that the current asstes are greater then theis in profits.and it has shown a dip in 2004 and 2005 but spurted uparose again in 2008 which shows that the company is consolidating

the quick ratio shows that the quick asstes have been incostent wit

concen among the company and the company still is yet to reach th

the debt turn over ratio shows that the sales and average debt arefirst it decreases then increases and becomes highest in 2007 andnot avery goods sign for the company

the inventory turn over ratio shows the dependency of cost of goodetermine that what amount of immprovement should be bought fo

The return on assets shows that the net income is what part of thetakes a steep fall in 2005 and then steadily rises to 0.325 in 2008 t

The asset turnover ratio is showing that how is the sales are depenhigheat in 2004 but fell to 4.17 then fell to .78 in 2005 then it fell to

The return on assets shows that the net income is what part of the

takes a steep fall in 2005 and then steadily rises to 0.325 in 2008 t

The profit margin ratio is the profit after tax that the company getsrisen from 2004 to 2008 upto 3 and then fell down to 2.5

THe intrest coverage ratio shows what part of the profit after tax isintrest coverage ratio for gujrat ambuja has initially fallen and it ste

return on investment is the ratio which typically defines the net proshareholder;s value which gives us the net profit which the shareholcompany gives a meger return of 1.3 in year 2004 and the highestto 4.6 in 2009


32/32

current liabilities always and the companyin 2006 then dropped again in 2007 andits profits.

the current liabilities which is a cause of

e highest mark in terms of this ratio in 2007

related to each other in such fashion wherehen falls down to an all time low which is

s sold on average inventory so that we canr the business and the firm to improve.

total asstes employed for the net income iten again falling to 0.22 in the year 2009.

dent on the total assets of the firm.it waslamost zero till 2009.

total asstes employed for the net income it

en again falling to 0.22 in the year 2009.

divided by the net sales it has continously

earned per unit intrest expenditure.theadily rises again to 6.1016 in 2009

it which is divided by the averagelder gets on gis investment.here theeturn was in the year of 2008 and then fell

36 - vaibhav raj dixit - ambuja cements

Documents