Scribd
Upload
35 views11 pages

Step 1ruby

The balance sheet shows Vardhman Textiles' equity, liabilities, and assets for fiscal years 2011 and 2012. Shareholders' equity increased from Rs. 152.32 crore to Rs. 208.13 crore due to higher retained earnings. Total assets grew from Rs. 810.09 crore to Rs. 1019.29 crore as non-current and current assets increased. The profit and loss statement indicates net income rose from Rs. 57.56 crore to Rs. 58.23 crore on higher revenues despite increased expenses. Cash flow was positive in 2011 but negative in 2012 primarily due to greater capital expenditures and debt repayments.

Uploaded by

R
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
35 views11 pages

Step 1ruby

The balance sheet shows Vardhman Textiles' equity, liabilities, and assets for fiscal years 2011 and 2012. Shareholders' equity increased from Rs. 152.32 crore to Rs. 208.13 crore due to higher retained earnings. Total assets grew from Rs. 810.09 crore to Rs. 1019.29 crore as non-current and current assets increased. The profit and loss statement indicates net income rose from Rs. 57.56 crore to Rs. 58.23 crore on higher revenues despite increased expenses. Cash flow was positive in 2011 but negative in 2012 primarily due to greater capital expenditures and debt repayments.

Uploaded by

R
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 11

Balance Sheet of Vardhman Textiles

EQUITIES AND LIABILITIES


SHAREHOLDER'S FUNDS
Equity Share Capital
Total Share Capital
Reserves and Surplus
Total Reserves and Surplus
Total Shareholders Funds
NON-CURRENT LIABILITIES
Long Term Borrowings
Deferred Tax Liabilities [Net]
Other Long Term Liabilities
Long Term Provisions
Total Non-Current Liabilities
CURRENT LIABILITIES
Short Term Borrowings
Trade Payables
Other Current Liabilities
Short Term Provisions
Total Current Liabilities
Total Capital And Liabilities
ASSETS
NON-CURRENT ASSETS
Tangible Assets
Intangible Assets
Net PP&E
Capital Work-In-Progress
Fixed Assets
Non-Current Investments
Long Term Loans And Advances
Other Non-Current Assets
Total Non-Current Assets
CURRENT ASSETS
Current Investments
Inventories
Trade Receivables
Cash And Cash Equivalents
Short Term Loans And Advances
OtherCurrentAssets
Total Current Assets
Total Assets
Standalone Profit & Loss account

------------------- in Rs. Cr. ----------Mar-11


Mar-12

4.18
4.18
148.14
148.14
152.32

4.18
4.18
203.95
203.95
208.13

254.85
10.5
27.86
0.21
293.43

494.77
6.32
12.82
0.19
514.1

42.93
26.55
288.62
6.25
364.34
810.09

48.31
21.15
224.95
2.64
297.05
1019.29

208.59
0
208.59
36.98
245.57
245.57
489.28
0.01
734.87

195.93
0
195.93
40.36
236.29
0
586.86
0.01
823.16

0
0
40.27
43.18
13.24
22.46
9.7
64.59
0.86
52.35
11.14
13.54
75.21
196.12
810.08 1,019.28

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

Income
Revenue From Operations [Gross]
Less: Excise/Sevice Tax/Other Levies
Revenue From Operations [Net]
Other Operating Revenues
Total Operating Revenues
Other Income
Total Revenue
Change in Sales
EXPENSES
Cost Of Materials Consumed
Purchase Of Stock-In Trade
Changes In Inventories Of FG,WIP And Stock-In Trade
COGS
Employee Benefit Expenses
Finance Costs
Depreciation And Amortisation Expenses
Other Expenses
Total Expenses
PBDIT
Interest
PBDT
Depreciation
Profit Before Tax
Tax
PAT Before Extra Ordinary Items
Net Profit/Loss From Discontinuing Operations
Net Income

Cash Flow

Net Profit/Loss Before Extraordinary Items And Tax


Net CashFlow From Operating Activities
Net Cash Used In Investing Activities
Net Cash Used From Financing Activities
Adjustments on Amalgamation / Merger / Demerger / Others
Net Inc/Dec In Cash And Cash Equivalents
Cash And Cash Equivalents Begin of Year
Cash And Cash Equivalents End Of Year

Mar-11

Mar-12

134.89
0
134.88
0.88
135.76
69.16
204.92

167.64
0.08
167.56
0.71
168.27
78.64
246.91
41.99

38.65
0
-14.07
24.58
15.15
8.06
21.54
63.12
132.46

41.94
0
-5.36
36.58
15.46
17.43
23.66
71.38
164.5

102.07
8.06
94.01
21.54
72.47
14.91
57.56
0
57.56

110.79
17.43
93.36
23.66
69.7
11.47
58.23
0
58.23

------------------- in Rs. Cr. ----------Mar-11


Mar-12
72.46
109.72
-85
-22.72
0
2

69.7
-157.79
-16.25
228.93
0
54.9

7.69
9.7

9.7
64.59

Cash Interest
Cash Taxes
Gross Block
Less: Accum. Depreciation
Net Block

asset /equity
profitability ratio( pat/sales)
Assets turnover ratio( sales/assets)
equity multiplyer(assets/equity)

323.17
114.59
208.58

329.46
133.53
195.93

b43/
0.28089 0.235835
0.252963 0.24224
5.318277 4.897324

-- in Rs. Cr. ------------------Mar-13


Mar-14

Ratio Analysis
Mar-15

Mar-12
Return on Equity

4.18
4.18
232.48
232.48
236.66

4.18
4.18
275.42
275.42
279.6

Financial Leverage
4.18 Correction Factor
4.18
325.6 Return on Assets
325.6 Return on Sales
329.78 Asset turnover

481.81
10.17
12.59
0.18
504.74

333.56
7.65
20.8
0.2
362.21

292.65 Profitability
5.97 Gross margin
23.19 SG&A as % of Sales
0.23 Operating Margin
322.04 Interest Expense as % of Sales
Effective Tax Rate

41.09
15.25
217.51
2.41
276.26
1017.66

181.63
0
181.63
36.43
218.06
0
451.99
0.01
670.06

26.43
19.25
335.82
5.19
386.69
1028.51

169.82
0
169.82
29.26
199.08
0
471.45
0.01
670.54

66.48
19.89 Asset Turnover Ratios
276.6 Accounts Receivable Turnover
8.55 Inventory Turnover
371.53 Accounts Payable Turnover
1023.35 Fixed Asset Turnover
Days Turnover Ratios
151.25 Days Receivables
0 Days Inventory

151.25
30.26 Days Payables
181.51 Net Trade Cycle
0
479.5 Liquidity Analysis
0 Current Ratio
661.01 Quick Ratio
CFO-to-Current Liabilities

0
0
0
34.47
41.63
39.65 Interest Coverage
19.65
23.74
16.55 Cash Interest Coverage
11.05
3.18
4.76
266.77
271.25
276.74 Debt to Equity
15.65
18.15
24.62 Long-Term-Debt to Equity
347.59
357.95
362.32 Long-Term Debt to Tangible Assets
1,017.65 1,028.49 1,023.33 Other Information

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

Sales Growth

Statutory Tax Rate

32%
5.08
0.84
8%
28%
27%

85%
67%
68%
7%
16%

13.83
0.88
1.76
1.22

26.39
416.34
207.56
235.16

0.66
0.29
-0.48
5.36
#DIV/0!
4.90
2.38
2.53
20%
35%

Mar-13

Mar-14

158.41
0.02
158.39
0.63
159.02
48.1
207.12
-39.79

186.73
0
186.73
0.89
187.63
39.17
226.79
19.67

Mar-15 De-levered Net Income


Purchases
196.98 Weighted Avg Depreciation Rate
0 Weighted Avg Interest Rate
196.98
0.74
197.73
41.75
239.48
12.69

34.08
0
11.28
45.36
14.51
18.77
24.4
60.81
163.86

52.53
0
-6.67
45.86
15.52
18.82
22.56
73.5
176.26

46.45
0
-0.03
46.42
17.08
14.9
18.78
76.35
173.53

86.43
18.77
67.66
24.4
43.26
12.77
30.49
0
30.49

91.93
18.82
73.11
22.56
50.55
5.63
44.92
0
44.92

99.63
14.9
84.73
18.78
65.95
12
53.95
0
53.95

-- in Rs. Cr. ------------------Mar-13


Mar-14 Mar 15
43.26
-14.4
2.49
-41.63
0
-53.54

50.53
171.53
3.63
-183.03
0
-7.87

65.95
9.34
7.44
-15.21
0
1.58

64.59
11.05

11.05
3.18

3.18
4.76

69.63
41.94
0.07

334.56
152.92
181.64

340.14
170.32
169.82

341.53
190.28
151.25

0.147209 0.198069 0.22528


0.203528 0.220508 0.23402
4.300051 3.678433 3.103069

Mar-13

Mar-14

Mar-15

14%
4.58
0.71

17%
3.96
0.78

18%
3.37
0.85

4%
21%
20%

6%
25%
22%

6%
27%
23%

78%
79%
76%
9%
30%

80%
78%
82%
8%
11%

81%
72%
82%
6%
18%

9.84
1.17
1.87
1.10

10.45
1.21
3.05
1.29

11.89
1.14
2.37
1.49

37.10
312.41

34.92
302.84

30.70
319.55

194.92
154.60

119.86
217.90

153.78
196.48

1.26
0.11
-0.05

0.93
0.07
0.52

0.98
0.06
0.02

3.60
#DIV/0!

3.88
#DIV/0!

5.69
#DIV/0!

4.30
2.04
2.65

3.68
1.19
1.96

3.10
0.89
1.93

-16%
35%

9%
35%

6%
35%

42.76
34.08
0.07

57.23
52.53
0.07

63.69
46.45
0.06

Return on Equity = Net Income / Avg. Stockholders' Equity


Return on Assets = De-levered Net Income / Avg. Total Assets
Financial Leverage = Avg. Total Assets / Avg. Stockholders Equity
Correction Factor = Net Income / De-levered Net Income

Return on Sales = De-levered Net Income / Sales


Asset turnover = Sales / Avg. Total Assets

Gross Margin = (Sales - Cost of Goods Sold) / Sales


SG&A as a % of Sales = SG&A Expense / Sales
Operating Margin = Operating Income / Sales
Interest Expense as % of Sales = Interest Expense / Sales
Effective Tax Rate = Income Taxes / Pre-tax Income

Accounts Receivables Turnover = Sales / Avg. Accounts Receivable


Inventory Turnover = Cost of Goods Sold / Avg. Inventory
Accounts Payable Turnover = Purchases / Avg. Accounts Payable
Fixed Asset Turnover = Sales / Avg. Net Property, Plant and Equipment

Days Receivables = 365 * (Avg. Accounts Receivable / Sales)


Days Inventory = 365 * (Avg. Inventory / Cost of Goods Sold)
Days Payable = 365 * (Avg. Accounts Payable / Purchases)
Net Trade Cycle = Days Receivable + Days Inventory - Days Payable

Current Ratio = Current Assets / Current Liabilities


Quick Ratio = (Cash + Accts Rec) / Current Liabilities
CFO-to-Current Liabilities = Cash from Operations / Avg. Current Laibilities
Interest Coverage = Operating Income before Depreciation / Interest Expense
Cash Interest Coverage = (Cash from Operations + Cash Interest + Cash Taxes) / Cash Interest Paid
Debt to Equity = Total Liabilities / Total Stockholders Equity
Long-Term-Debt to Equity = Total Long-Term Debt / Total Stockholders Equity
Long-Term Debt to Tangible Assets = Total Long-Term Debt / (Total Assets - Intangible Assets)

Sales Growth = Change in Sales / Prior Year Sales


Federal Statutory Rate + State and Foreign Statutory Rates (excludes permanent differences)
De-levered Net Income = Net Income + (Interest Exp. * (1 - Statutory Tax Rate))

Purchases = Ending Inventory + COGS Beginning Inventory

Weighted Avg Depreciation Rate = Depreciation & Amortization / (Avg. Gross PP&E + Avg. Intangible A

You might also like