ECONOMIC PERFORMANCE


GRI Standards

The Year Before

Gross Sales and other operating income for the year aggregated to ₹ 5197.77 crores as compared to ₹ 4936.05 crores for the previous year. GST was introduced in July 2017, hence sales figures of the previous year are not comparable with the sales figures of the current year. However, Net Sales (excluding excise duty) and other operating income reflects a growth of 14.6% over the previous year.

Depreciation for the year is at ₹ 75.79 crores as against ` 69.49 crores in the previous year. Other income was lower at ₹ 72.42 crores as compared to ₹ 98.22 crores for the previous year. Reduction is due to utilization of surplus funds for funding projects and lower interest rates.

The company continued with its initiatives to reduce procurement cost and to reduce operational costs. These initiatives helped the company in the current year to keep the operational costs under control and improve the bottom line.

Profit Before Depreciation, Interest and Tax (PBDIT) for the year is higher at ₹ 789.77 crores compared to ₹ 730.69 crores last year, reflecting a growth of 8.1%. Profit Before Tax (PBT) for the year is ₹ 786.40 crores as compared to ₹ 759.42 crores of the previous year which is a growth of 3.6% over the previous year. The company spent ₹ 11.03 crores towards Corporate Social Responsibility compared to ` 6.46 crores in the previous year.

Financial Position

The company has not accepted any deposits covered under Chapter V of the Companies Act, 2013, during the year. There are no significant or material orders passed by any Regulators, Courts or Tribunals against the company which could impact the going concern status and the company’s operations in the future. There has been no change in the nature of business during the year. There have been no material changes and commitments affecting the financial position of the company, which have occurred between the end of the financial year of the company, to which the financial statements relate, and the date of this report.

SALES (₹ in Crores)
Sales (Net of Excise)

PROFIT (₹ in Crores)

*Before exceptional item (Net of Tax)

PROFITABILITY (%)
Profitability ratios are based on Net Sales (Net of Excise)

*Before exceptional item (Net of Tax)

SHAREHODERS’ FUNDS (₹ in Crores)
Sales (Net of Excise)

*Before exceptional item (Net of Tax)

RETURN ON NET WORTH (%)
(Profitafter Tax dividedby Shareholders Funds)

*Before exceptional item (Net of Tax)

RETURN ON CAPITAL EMPLOYED (%)

*Before exceptional item (Net of Tax)

MARKET CAPITALISATION (₹ in Crores)

EARNINGS PER SHARE (EPS) (₹)

*Before exceptional item (Net of Tax)

EPSfor the years hasbeen calculated consdiering face value of share as `1 each.

DIVIDEND (%)

*Includes speacial dividend of 125%

*Includes speacial dividend of 50%

BOOK VALUE PER SHARE (₹)

Book value of shares for the years has been calculated considering face value of ₹ 1 each.