8020 (Tata Chemicals)_a

8/20/2019 8020 (Tata Chemicals)_a

1/64

Balance Sheet Tata Chemicals

in crores

Notes 2015, March

EQUITY AND IABIITIES

Sharehol!ers" #$n!s

Share Capital 3 254.82

Reserves and Surplus 4 5788.45

Non%C$rrent ia&ilities

Long-Term Borroings 5 !73".4

#e$erred Ta% Lia&ilities 'net( ) !"!.23

*ther Long-Term Lia&ilities 7 !.)7

Long-Term +rovisions 8 78.)5

C$rrent ia&ilities

Short-Term Borroings " "7).4)

Trade +a,a&les ! !848.4!

*ther Current Lia&ilities !! 372.84

Short-Term +rovisions !2 )!).7!

T'TA

ASSETS

Non%C$rrent Assets

#i(e! Assets

Tangi&le ssets !3 !".5

Capital /or0-in-+rogress !3 )2.83

1ntangi&le ssets held under #eve !3 .8"

on-Current 1nvestments !4 43)3.85

Long-Term Loans and dvanes !5 42!.32*ther on-Current ssets !) !2.7

C$rrent Assets

Current 1nvestments !7

1nventories !8 !8".3

Trade Reeiva&les !" 248).32

Cash and Ban0 Balane 2 574.3

Short-Term Loans and dvanes 2! !""


2/64

*ther Current ssets 22 37."

T'TA


3/64

Stan!alone re)ort

in crores in crores

201*, March

254.82

544).4!

)43.27 57!.23

!735.5!

2!5.)!

3.)

))2!."5 22.72

!2"".!8

!!"8.73

43!.!8

57.)4

38!4.42 343).73

11++-* 1115+-+

!872.)

!58.)2

4257.)4

4!).222.8"

)7)2." )727.4!

.25

8!.5)

24!.78

"7).85

!83.7"


4/64


5/64

Income Statement

.E/ENUE

Revenue $rom *perations 'ross(

Less 6%ise #ut,

et Revenue $rom *perations

'ther Income

Total .een$e

EENSES

Cost o$ aterials Consumed

+urhases o$ Sto0-in-Trade

6mplo,ee Benets 6%pense

9inane Costs 'net(

#epreiation and mortisation 6%pense

*ther 6%penses

Total E()enses

E(ce)tional Items1mpairment o$ ssets

ro3t Be4ore Ta(

Ta( E()ense

Current Ta% e%pense $or urrent ,ear

et Current Ta% e%pense

#e$erred Ta%

ro3t #or the Year

6R1S +6R S:R6

'9ae value per share - Rs!(

Changes in 1nventories o$ /or0-in-+rogress; 9inished oods and Sto0-in- Trade

ro3t Be4ore E(ce)tional Items an!Ta(

6%hange Loss 'net( on 9oreign Curren,Long-Term Borroings inludingRevaluation thereo$

Less Current Ta% e%pense relating toprior ,ears


6/64

Basi

#iluted


7/64

in rores in rores

2015, March 201*, March

!;334.58 8;"!5."8

252.52 23).5"

!;82.) 8;)7".3"

!"4.75 22."2

10,2-+1 +,++2-61

3;778.55 3;!"4.24

2;7!2.54 !;)!4.!

-85.84 !3.!"

33.!7 2)7.5

!8).78 !85.32

!"2.72 !58.82

3;72.8! 2;545."4

7,*22-2 +,075-

+5*-07 +-5

5".3

!58.47

2!7.77

+5*-07 5+-++

22".8) !5!

-8.8!

22".8) 7.!"

-!3.74 )2.)2

2!).!2 !32.8!

6-7 *6-0


8/64

25.4 !7.!2

25.4 !7.!2


9/64

Balance Sheet

8ori9ontal Anal:sis/ertical A

2015 201* Chan;e Chan;e< 2015


Sharehol!ers" #$n!s

Share Capital 254.82 254.82 .< 2.!5<

Reserves and Surplus 5788.45 544).4! 342.4 ).28< 48.77<

)43.27 57!.23 342.4 ).< 5."2<


Long-Term Borroings !73".4 !735.5! 3.8" .22< !4.))<

#e$erred Ta% Lia&ilities 'net( !"!.23 2!5.)! -24.38 -!!.3!< !.)!<

*ther Long-Term Lia&ilities !.)7 3.) -!."3 -53.)!< .!<

Long-Term +rovisions 78.)5 )) !2.)5 !".!7< .))<

2!."5 22.72 -".77 -.48< !)."4<

C$rrent ia&ilities

Short-Term Borroings "7).4) !2"".!8 -322.72 -24.84< 8.23<

Trade +a,a&les !848.4! !!"8.73 )4".)8 54.2< !5.57<

*ther Current Lia&ilities 372.84 43!.!8 -58.34 -!3.53< 3.!4<

Short-Term +rovisions )!).7! 57.)4 !".7 2!.4"< 5.2<

38!4.42 343).73 377.)" !.""< 32.!4<

T'TA 11++- 1115+- 7".") ).3)< !.<

ASSETS

Non%C$rrent Assets

#i(e! Assets

Tangi&le ssets !".5 !872.) 28.44 !.52< !).!<

Capital /or0-in-+rogress )2.83 !58.)2 -"5.7" -).3"< .53<

1ntangi&le ssets held under #e .8" .8" .!<

on-Current 1nvestments 43)3.85 4257.)4 !).2! 2.4"< 3).77<

Long-Term Loans and dvanes 42!.32 4!).2 5.!2 !.23< 3.55<

*ther on-Current ssets !2.7 22.8" -!.!" -44.52< .!!<

)7)2." )727.4! 34.)8 .52< 5)."7<C$rrent Assets

Current 1nvestments .25 -.25 -!.< .<

1nventories !8".3 8!.5) ""8.47 !23.!8< !5.24<

Trade Reeiva&les 248).32 24!.78 84.54 3.52< 2."5<

Cash and Ban0 Balane 574.3 "7).85 -42.55 -4!.2!< 4.84<

Short-Term Loans and dvanes !"" !83.7" !5.2! 8.28< !.)8<

*ther Current ssets 37." 58.4 -2.!4 -34.7< .32<

5!).55 443!.27 )75.28 !5.24< 43.3


10/64

T'TA 11++- 1115+- 7".") ).3)< !.<

Income Statement

8ori9ontal Anal:sis/ertical A

2015, M 201*, M Chan;e Chan;e< 2015

.E/ENUE

Revenue $rom *perations 'ross !;334.58 8;"!5."8 !4!8.) !5."!< !2.5<

Less 6%ise #ut, 252.52 23).5" !5."3 ).73< 2.5<

et Revenue $rom *perations !;82.) 8;)7".3" !42.)7 !).!)< !.<

'ther Income !"4.75 22."2 -8.!7 -4.3< !."3<

Total .een$e === +,++2-61 !3"4.5 !5.7< !!."3<

EENSES

Cost o$ aterials Consumed 3;778.55 3;!"4.24 584.3! !8.2"< 37.48<

+urhases o$ Sto0-in-Trade 2;7!2.54 !;)!4.! !"8.44 )8.5< 2)."<

Changes in 1nventories o$ /or0-i -85.84 !3.!" -"8!.3 -753.54< -8.44<

6mplo,ee Benets 6%pense 33.!7 2)7.5 )3.!2 23.)4< 3.27<

9inane Costs 'net( !8).78 !85.32 !.4) .7"< !.85<

#epreiation and mortisation 6 !"2.72 !58.82 33." 2!.34< !."!<

*ther 6%penses 3;72.8! 2;545."4 52).87 2.)"< 3.48<

Total E()enses 7,*22-2 +,075- !327.) !).3"< "3.4)<

ro3t Be4ore E(ce)tional Ite +5*-07 +-5 )7.44 8.57< 8.47<

E(ce)tional Items

1mpairment o$ ssets 5".3 -5".3 -!.< .<

6%hange Loss 'net( on 9oreign !58.47 -!58.47 -!.< .<

2!7.77 -2!7.77 -!.<

ro3t Be4ore Ta( +5*-07 5+-++ 285.2! 5.!4< 8.47<Ta( E()ense

Current Ta% e%pense $or urrent 22".8) !5! 78.8) 52.23< 2.28<

Less Current Ta% e%pense relating to prior -8.8! 8.8! -!.< .<

et Current Ta% e%pense 22".8) 7.!" !5".)7 227.48< 2.28<

#e$erred Ta% -!3.74 )2.)2 -7).3) -!2!."4< -.!4<

2!).!2 !32.8! 83.3! )2.73< 2.!4<

ro3t #or the Year 6-7 *6-0 2!." 4).3< ).33<

6R1S +6R S:R6

'9ae value per share - Rs!( ! ! .< .!<

Basi 25.4 !7.!2 7."2 4).2)< .25<#iluted 25.4 !7.!2 7."2 4).2)< .25


11/64

nal:sis

201*

2.28<

48.8!<

5!."<

!5.55<

!."3<

.3<

.5"<

!8.!!<

!!.)4<

!.74<

3.8)<

4.55<

3.8<

!.<

!).78<

!.42<

.<

38.!)<

3.73<

.2!<

).2"<

.<

7.2)< S$mmar:

2!.52<

8.75<

!.)5<

.52<

3".7!<

Considera&le redue in the trade pa,a&les hih means ompanits redits. 1nventor, has &een drastiall, hih is a negative $orompan, as e have asset piling up ith ni produtivvit,. Cash =greatl, redued hih shos that ompan, e>eientl, managinmone,.*ther urrent and non urrent assets are graduall, redueshos that om an is onentratin on ore &usiness.


12/64

!.<

nal:sis

201*

!2.73<

2.73<

!.<

2.34< ar0s 4

!2.34<

3).8<

!8.)<

!.5<

3.8<

2.!4<

!.83<

2".33<

"3.27<

".)<

.)8<

!.83<

2.5!<

).55<

!.74<

-."3<

.8!< Summar,

.72<

!.53<

5.2<

.!2<

.2<.2<

1nrease in revenue &, !5< shos that ompan, is groing hisign and also &ased on the vertial anal,sis that C*S hasnt inrmuh. But the purhase sto0 and hange in 1nventor, are drastihanged hih means that there is a lotoutsouring o$ sto0 hapand also ompan, is not a&le to meet its sales target.


13/64

learingheBB is

g thed hih


14/64


15/64

Balance Sheet

2015 201*


Sharehol!ers" #$n!sShare Capital 254.82 254.82

Reserves and Surplus 5788.45 544).4!

)43.27 57!.23


!73".4 !735.5!

#e$erred Ta% Lia&ilities 'net( !"!.23 2!5.)!

*ther Long-Term Lia&ilities !.)7 3.)

Long-Term +rovisions 78.)5 ))

2!."5 22.72

C$rrent ia&ilitiesShort-Term Borroings "7).4) !2"".!8

Trade +a,a&les !848.4! !!"8.73

*ther Current Lia&ilities 372.84 43!.!8

Short-Term +rovisions )!).7! 57.)4

38!4.42 343).73

T'TA 11++-* 1115+-+

ASSETS

Non%C$rrent Assets

#i(e! Assets

Tangi&le ssets !".5 !872.)

Capital /or0-in-+rogress )2.83 !58.)2

1ntangi&le ssets held under #eve .8"

on-Current 1nvestments 43)3.85 4257.)4

Long-Term Loans and dvanes 42!.32 4!).2

*ther on-Current ssets !2.7 22.8"

)7)2." )727.4!

C$rrent Assets

Current 1nvestments .25

1nventories !8".3 8!.5)

Trade Reeiva&les 248).32 24!.78

Cash and Ban0 Balane 574.3 "7).85

Short-Term Loans and dvanes !"" !83.7"

*ther Current ssets 37." 58.4

5!).55 443!.27


16/64

T'TA 11++-* 1115+-+

Income Statementin rores in rores

2015 201*

.E/ENUERevenue $rom *perations 'ross( !;334.58 8;"!5."8

Less 6%ise #ut, 252.52 23).5"

et Revenue $rom *perations !;82.) 8;)7".3"

'ther Income !"4.75 22."2

Total .een$e 10,2-+1 +,++2-61

EENSES

Cost o$ aterials Consumed 3;778.55 3;!"4.24

+urhases o$ Sto0-in-Trade 2;7!2.54 !;)!4.!

Changes in 1nventories o$ /or0-in- -85.84 !3.!"

6mplo,ee Benets 6%pense 33.!7 2)7.5

9inane Costs 'net( !8).78 !85.32

#epreiation and mortisation 6%p !"2.72 !58.82

*ther 6%penses 3;72.8! 2;545."4

Total E()enses 7,*22-2 +,075-

ro3t Be4ore E(ce)tional Item +5*-07 +-5

E(ce)tional Items

1mpairment o$ ssets 5".3

6%hange Loss 'net( on 9oreign Cu !58.47

2!7.77

ro3t Be4ore Ta( +5*-07 5+-++

Ta( E()ense

Current Ta% e%pense $or urrent ,e 22".8) !5!

Less Current Ta% e%pense relating -8.8!

et Current Ta% e%pense 22".8) 7.!"

#e$erred Ta% -!3.74 )2.)2

2!).!2 !32.8!

ro3t #or the Year 6-7 *6-0

6R1S +6R S:R6

'9ae value per share - Rs!( ! !


17/64


18/64

RATIO ANALYSIS

I. Liquidity Ratios 2015 2014

1. Current Ratio =CA/CL !.34 !.2"2. Quick Ratio = (CA-Inventories)/CL .8) !.5

3. Cash Ratio =(Cash & BB Current invest! .!5 .28

II. Leverage Ratios

1. "e#t-$%uit Ratio ='on-current ia#/hareh .33 .35

2. "e#t-*ota assets ratio = 'on-current ia#/* .4" .4"

3.Assets-$%uit Ratio =*ota Assets/hareho !.") !.")

,.Interest Coverae Ratio = BI*/inance cos 5.57 2.7

III. Turnover Ratios

1. Inventor *urnover Ratio = 'et Revenue 0ro . 1.1

2."e#tors4 *urnover Ratio = 'et Revenue 0ro ,.5 3.51

3. Averae Coection erio+ =35/"*R 6.1 11.

,. i7e+ Assets *urnover Ratio ='e Revenue 1.,6 1.26

. *ota Assets *urnover Ratio='et Revenue 0 .8 .8

IV. ro!ita"i#ity Ratios1. 9ross ro0it :arin = 9ross ;ro0it/'et reve .2 .11

2.


19/64

1. *ota Return = Ca;ita ain "ivi+en+ >ie+ 55.25< -7.77<

rice at the #einnin o0 inancia >ear 2"2.75 323.7

rice at the en+ o0 inancia ear 442 28).85

Ca;ita ain =(rice at the en+ o0 >-rice at .68? -11.38?

"ivi+en+ ;er share !2.54 !!.7!2

"ivi+en+ ie+ ="ivi+en+ ;er share +urin >/ ,.2? 3.52?Tota# return

2. rice-$arnins Ratio = :arket ;rice ;er sha 1.5 15.5

3. rice-Book @aue Ratio = :arket ;rice ;er ,,.2 28.58

Book vaue ;er share 237.!5838)3! 223.735578!

/B Ratio

/I- Aaltman>s ?%Score @ 1-2NCTA1-* .ETA6-6 EBITTA0-M/EB

?F 2-5 8ealth: G ?@ 1-+1 to 2-5 Hre: Area $n!er scanG ?2-5 'n t

/CT ? 'Current ssets-Current Lia&( .!" .2!

Retained 6arnings T ?'et prot availa .3 .!

+B1TT ." .7

6B# ?ar0et value o$ eAuit,Boo0 !!.53 5.)3

ST ?et revenue $rom operationsT .85 .78

? Score +-66 *-*

Summar, D sore shos that it is health, ompan, groing organiall,

ar0et alue o$ 6Auit, !!2)3.44 73".5!!7

Boo0 alue o$ Total #e&t "7).4) !2"".!8

ar0s !4


20/64


21/64

S$mmar:

S$mmar:

S$mmar:

S$mmar:

S$mmar:

Current and Aui0 ratio are managed ell and standaurrent ratio iis !.33 and &ut industr, average is Auitompared to the standard rate

It has ess +e#t as co!;are+ to he e%uit hich sas it can #orrosa0er ;osition.Assets are aso +ou#e to e%uit hich !eans the cuse+. Intrest coverae ratio is o hen co!a;re+ to in+ustr avereasi ;a the intrest ratess hich ;uts it in sa0e one

1nventor, turnover ratio is less ompared to industrialhih is a slight diadvantage &ut its previou ,ear average olletion period is also less ompared to indhih means the ompan, is less eEient in realisin

1n terms o$ earning poer and net prot margin the vlo and hene has to or0 on the prota&ilit,

Return on eAuit, is Auite less to attrative levels o$ !ill liitle onern $or the investors and hene the omor0 on these ratios


22/64

pr-!4 pr-!3

2"2.75 323.7 o0

442 28).85 o0 S$mmar:

ar-!5 ar-!4

!2.5 !

237.!) 223.74

/D1-0NSTA

e Ja: to &anKr$)tc:

Capital ,eild $or TT Chemials has &een ver, goodlast ,ear hih shos a lot o$ good ill and also reFeprie earning ratio. 1t ill denetl, have a hgher valu

ompared to last ,ear


23/64


24/64

Standard

rd rate $orhigh hen

!ore an+ it is inan #e e00ectiveae #ut sti it can

l averagegood.

ustr, averagethe sales. 1n

alue are Auite

< hih ispan, has to


25/64

ompared tots in theirtion


26/64


27/64


28/64

Income Statement

.E/ENUE

Revenue $rom *perations 'ross(

Less 6%ise #ut,

et Revenue $rom *perations

'ther Income

Total .een$e

EENSES

Cost o$ aterials Consumed

+urhases o$ Sto0-in-TradeChanges in 1nventories o$ /or0-in-+rogress; 9inished oo

6mplo,ee Benets 6%pense

9inane Costs 'net(

#epreiation and mortisation 6%pense

*ther 6%penses

Total E()enses

ro3t Be4ore E(ce)tional Items an! Ta(

E(ce)tional Items

1mpairment o$ ssets

6%hange Loss 'net( on 9oreign Curren, Long-Term Borr

ro3t Be4ore Ta(

Ta( E()ense

Current Ta% e%pense $or urrent ,ear

Less Current Ta% e%pense relating to prior ,earset Current Ta% e%pense

#e$erred Ta%

ro3t #or the Year

6R1S +6R S:R6

'9ae value per share - Rs!(

Basi


29/64

#iluted

#$n!s #loJ StatementL Total #$n!s Basis

So$rces

1n in Reserves = Surplus 342.41n in L T +rovisions !2.)5

1n in Trade pa,a&les )4".)8

1n in LT &orroings 3.8"

1n in ST +rovisions !".7

#e in C/1+ "5.7"

#e in other on-C !.!"

#e in urrent investments .25

#e in other urrent assets 2.!4

#e in ash = BB 42.55

Total So$rces 1*-25

#$n!s #loJ StatementL orKin; Ca)ital Basis

So$rces

1n in Reserves = Surplus 342.4

1n in L T +rovisions !2.)5


#e in C/1+ "5.7"

#e in other on-C !.!"#e in urrent investments .25

Total So$rces o4 C **-+1

Chan;e in NC %2*-++

Chan;es in C com)onents

C$rrest Assets

Change in 1nventories ""8.47

Change in Trade Reeiva&les 84.54

Cash and Ban0 Balane -42.55

Short-Term Loans and dvanes !5.2!*ther Current ssets -2.!4

Total Change in Current ssets 5-56

Change in /C %2*-++

#$n!s #loJ StatementL Cash Basis

So$rces

1n in Reserves = Surplus 342.4

1n in L T +rovisions !2.)5


30/64

1n in Trade pa,a&les )4".)8


1n in ST +rovisions !".7

#e in C/1+ "5.7"

#e in other on-C !.!"

#e in urrent investments .25

#e in other urrent assets 2.!4

Total So$rces 12*6-

Chan;e in Cash BB 42.55

Classi3e! CashoJ Statements

A- Cash #loJs 4rom ')eratons

R+ - other inome 443.22

dd 1nterest !8).78

dd #ep'on Cash 6%pense( !"2.72*C9s &e$ore hanges in /C omponents +22-2

Less 1n in inventor, -""8.47

Less 1n in de&tors -84.54

Less1n in Loans= dv -!5.2!

dd #e in other C 2.!4

Less #e in other CL -58.34

dd 1n in trade pa,a&les )4".)8

dd 1n in ST provisions !".7

'C# **5-05

C- Cash #loJs 4rom #inancin;1n in LT Borroings 3.8"

#e in ST &orroings -322.72

#e in de$ ta% lia& -24.38

#ividends -3!8.5473

1nterest -!8).78

#e in other LT lia& -!."3

1n in LT provisions !2.)5

Total %+6-+1

D- 'ther income !"4.75

ABCD -425.!)73Chan;e in CBB -42.55

.eason 4or mis%match

Reported net prot -#ividend 3!".4227

#e in Reserves = Surplus -22.)!725

*verstatement o$ *C9s

dG hange in Cash = BB -425.!)73


31/64

'Reasons an &e &u, &a0 o$ Shares et(


32/64

2015 201* Chan;e

254.82 254.82 5788.45 544).4! 342.4

)43.27 57!.23 342.4

!73".4 !735.5! 3.8"

!"!.23 2!5.)! -24.38

!.)7 3.) -!."3

78.)5 )) !2.)5

2!."5 22.72 -".77

"7).4) !2"".!8 -322.72!848.4! !!"8.73 )4".)8

372.84 43!.!8 -58.34

)!).7! 57.)4 !".7

38!4.42 343).73 377.)"

11++- 1115+- 7".")

!".5 !872.) 28.44

)2.83 !58.)2 -"5.7"

.8" .8"

43)3.85 4257.)4 !).2!

42!.32 4!).2 5.!2

!2.7 22.8" -!.!"

)7)2." )727.4! 34.)8

.25 -.25

!8".3 8!.5) ""8.47

248).32 24!.78 84.54

574.3 "7).85 -42.55

!"" !83.7" !5.2!

37." 58.4 -2.!4

5!).55 443!.27 )75.28

11++- 1115+- 7".")


33/64

in rores in rores

2015 201*

!;334.58 8;"!5."8

252.52 23).5"

!;82.) 8;)7".3"

!"4.75 22."2

=== +,++2-61

3;778.55 3;!"4.24

2;7!2.54 !;)!4.! ds and Sto0-in-Trade -85.84 !3.!"

33.!7 2)7.5

!8).78 !85.32

!"2.72 !58.82

3;72.8! 2;545."4

7,*22-2 +,075-

+5*-07 +-5

5".3

ings inluding Revaluation thereo$ !58.47

2!7.77

+5*-07 5+-++

22".8) !5!

-8.8!22".8) 7.!"

-!3.74 )2.)2

2!).!2 !32.8!

6-7 *6-0

! !

25.4 !7.!2


34/64

25.4 !7.!2

Uses

#e in other urrent lia&ilities 58.34#e in de> ta% lia& 'net( 24.38

#e in other LT lia&ilities !."3

#e in ST &oroings 322.72

1n in tangi&le assets 28.44

1n in 1ntangi&le assets .8"

1n in non-urrent investments !).2!

1n in inventories ""8.47

1n in ST loans = adv !5.2!

1n in LT loans = advanes 5.!2

1n in trade reeiva&les 84.54

Total Uses 1*-25

MarKs 6

Uses

1n in LT loans = advanes 5.!2

#e in de> ta% lia& 24.38



1n in tangi&le assets 28.441n in 1ntangi&le assets .8"


Total $ses o4 C *+7-7

C$rrent ia&ilities S$mmar:

Change in Trade pa,a&les )4".)8 /or0ing Capital ana

Change in other CLs -58.34

Change in ST +rovisions !".7

Total hange in CL = provisions 00-*1

MarKs 6

Uses

#e in other urrent lia&ilities 58.34

#e in de> ta% lia& 'net( 24.38


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1n in tangi&le assets 28.44

1n in 1ntangi&le assets .8"


1n in inventories ""8.47

1n in ST loans = adv !5.2!1n in LT loans = advanes 5.!2

1n in trade reeiva&les 84.54

Total Uses 1*-25

MarKs 0-5

B- Cash #loJs 4rom Inestin;

1n in B'ross Blo0( -222.5 ross Blo0?

#e in C/1+ "5.7" R+'Reported et +ro

1n in investments -!5.")#e in other non-C !.!"

1n LT loans and advanes -5.!2

Total %22-15

ar0 5.5 Total mar0 !7.

S$mmar:

Change in Reserves has &een understated


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US T:)e

9ollo the $olloing

* @ @ve *perating

* - -ve *perating FoS *@ and 9@ 342.4 1 @ @ve 1nvesting Fo

342.4 1 - -ve investing Fo

9 @ @ve 9inaning F

S 9@ 3.8" 9 - -ve 9inaning Fo

H 9- 24.38

H 9- !."3

S 9@ !2.)5

H ".77

H 9- 322.72S *@ )4".)8

H *- 58.34

S *@ !".7

377.)"

7".")

H 1- 28.44

S 1@ "5.7"

H 1- .8"

H 1- !).2!

H 1- 5.!2

S 1@ !.!"

34.)8

S 1@ .25

H *- ""8.47

H *- 84.54

S *@ 42.55

H *- !5.2!

S *@ 2.!4

)75.28

7".")

A&sol$te /al$eo4 Chan;e


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MarKs 5

2!5 2!4

um&er o$ Shares held in the Compan, 25.475)3 25.475)3

#ividend per share !2.54 !!.7!2

6Auit, #ividend 3!8.5473 2"8.37)


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gement is done ell


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et Blo0 @ #epreiation

+T

, 22.)!


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ode $or T,pe o$ Fo

o


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Balance Sheet

2015 201* 2016


Sharehol!ers" #$n!s

Share Capital 254.82 254.82 254.82

Reserves and Surplus 5788.45 544).4! 552.5

)43.27 57!.23 537.32


Long-Term Borroings !73".4 !735.5! !73

#e$erred Ta% Lia&ilities 'net( !"!.23 2!5.)! !24.75

*ther Long-Term Lia&ilities !.)7 3.) ).7Long-Term +rovisions 78.)5 )) 74.8!

2!."5 22.72 !278.)3

C$rrent ia&ilities

Short-Term Borroings "7).4) !2"".!8 !384.!4

Trade +a,a&les !848.4! !!"8.73 !255.83

*ther Current Lia&ilities 372.84 43!.!8 !532.85

Short-Term +rovisions )!).7! 57.)4 34.24

38!4.42 343).73 45!3.)

T'TA 11++- 1115+- 11077-01

T'TA Jith E(tra #$n!s

ASSETS

Non%C$rrent Assets

#i(e! Assets

Tangi&le ssets !".5 !872.) !"!!.)7

Capital /or0-in-+rogress )2.83 !58.)2 !37.3

1ntangi&le ssets held under #e .8"

on-Current 1nvestments 43)3.85 4257.)4 3")2.8

Long-Term Loans and dvanes 42!.32 4!).2 2)5.2

*ther on-Current ssets !2.7 22.8" 2.78

)7)2." )727.4! )278.85

C$rrent Assets

Current 1nvestments . .25 .25

1nventories !8".3 8!.5) "27.47

Trade Reeiva&les 248).32 24!.78 2484.88

Cash and Ban0 Balane 574.3 "7).85 !!"!."8


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Short-Term Loans and dvanes !"" !83.7" 2"5.7)

*ther Current ssets 37." 58.4 !".82

5!).55 443!.27 482.!)

T'TA 11++- 1115+- 11077-01

Income Sheet

2015 201* 2016

.E/ENUE

Revenue $rom *perations 'ross !;334.58 8;"!5."8 8;)8.52

Less 6%ise #ut, 252.52 23).5" 22).4)

et Revenue $rom *perations !;82.) 8;)7".3" 8;382.)

'ther Income !"4.75 22."2 3)5.)

Total .een$e === +,++2-61 +,*-

EENSES

Cost o$ aterials Consumed 3;778.55 3;!"4.24 2;"88.7"

+urhases o$ Sto0-in-Trade 2;7!2.54 !;)!4.! !;44.3"

Changes in 1nventories o$ /or0-i -85.84 !3.!" 273.78

6mplo,ee Benets 6%pense 33.!7 2)7.5 273.5)

9inane Costs 'net( !8).78 !85.32 23.25

#epreiation and mortisation 6 !"2.72 !58.82 2!4.2"

*ther 6%penses 3;72.8! 2;545."4 2;3"5.!7

Total E()enses 7,*22-2 +,075- ,56-26ro3t Be4ore E(ce)tional Ite +5*-07 +-5 77*-*6

E(ce)tional Items

1mpairment o$ ssets 5".3 !.8!

6%hange Loss 'net( on 9oreign !58.47 !)7.25

2!7.77 !)".)

ro3t Be4ore Ta( +5*-07 5+-++ +25-6

Ta( E()ense

Current Ta% e%pense $or urrent 22".8) !5! !57

Less Current Ta% e%pense relating to prior -8.8!

et Current Ta% e%pense 22".8) 7.!" !57#e$erred Ta% -!3.74 )2.)2 25.5

2!).!2 !32.8! !82.5

ro3t #or the Year 6-7 *6-0 *6-62

6R1S +6R S:R6

'9ae value per share - Rs!( ! ! !

Basi 25.4 !7.!2 !7.!2

#iluted 25.4 !7.!2 !7.!2


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Ta% Rate .2534!

#ividend 3!8.)2)" 2"8.4452

Retained 6arnings 3!".343! !37.)248


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Ass$m)tions.easons

2.83< o hange due to sales 254.82

).!5< +ro$orma Statement o$ += )28.88

)2."8< )535.7

!).)8< o hange due to sales !73".4

!.")< 232.75

.4< 5.!7.8!< ").48

!".4"< 273.8!

!3.72< o hange due to sales "7).4)

!5.7!< !8)8.88

8."8< !)8.8)

5.34< )35.48

43.7)< 454".)8

!2).23< 16157-17

6%tra 9unds ReAuired !2".5!3288.24

2!.8< 257.3

!.3)< !)2.!4

.< .35

4).54< o hange due to sales 43)3.85

4.5< 48!.2)

.!4< !).77

73.!)< 753!.)7

.< o hange due to sales .23

!2.78< !52.)"

27.33< 325."4

4".7)< Too muh inrease $rom pa )3!.73

Ass$me! HroJth &ase! onin!$str: an! com)an:)reio$s ;roJth

Aera;e )ercento4 sales

ro4orma &alance sheet o4201 ass$min; reen$es

4rom o)eration o4 1+<;roJth


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2.54< 32.!7

.43< 5.8

53.7< 575).57

!2).23< 162++-2*

E(tra #$n!s Aaila&le 127-05

Ass$m)tions.easons

!2.)4< !22!!.3"

2.)4< 3!4.5)

!.< !!8").838

2.88< o hange due to sales !"4.75

!2.88< 12071-5+

3).)5< 435".)"

2.75< 24)8.84

-!.22< -!45.)5

3.2!< 38!.3!

2.!4< o hange due to sales !8).78

2.!< 24".75

2".4)< 355.5

"3.8< 11005-".8< 10+5-+1

.23< o hange due to sales .

!.27< o hange due to sales .

!.5!<

8.2"< 10+5-+1

!.")<

-.3!<

!.)5< !").7).2"< 78.

!."5< Ta% rate does not hange 274.7)

).34< +11-0

!

!7.!2

!7.!2

Aera;e )ercento4 sales

ro4orma Income sheet o4201 ass$min; reen$es4rom o)eration o4 1+<

;roJth


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MarKs

Same alue as previous ,e 3!8.)2)"28

4"2.43!8777332


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1+-00


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*


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Balance Sheet

2015


Sharehol!ers" #$n!s

Share Capital 254.82

Reserves and Surplus 5788.45

)43.27


Long-Term Borroings !73".4

#e$erred Ta% Lia&ilities 'net( !"!.23

*ther Long-Term Lia&ilities !.)7

Long-Term +rovisions 78.)5

2!."5

C$rrent ia&ilities

Short-Term Borroings "7).4)

Trade +a,a&les !848.4!

*ther Current Lia&ilities 372.84

Short-Term +rovisions )!).7!

38!4.42

T'TA 11++-*

ASSETS

Non%C$rrent Assets

#i(e! Assets

Tangi&le ssets !".5

Capital /or0-in-+rogress )2.83

1ntangi&le ssets held under #evelopment .8"

on-Current 1nvestments 43)3.85

Long-Term Loans and dvanes 42!.32

*ther on-Current ssets !2.7

)7)2."C$rrent Assets

Current 1nvestments

1nventories !8".3

Trade Reeiva&les 248).32

Cash and Ban0 Balane 574.3

Short-Term Loans and dvanes !""

*ther Current ssets 37."

5!).55


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T'TA 11++-*

Income Statement

2015

.E/ENUE

Revenue $rom *perations 'ross( !;334.58

Less 6%ise #ut, 252.52

et Revenue $rom *perations !;82.)

'ther Income !"4.75

Total .een$e 10,2-+1

EENSES

Cost o$ aterials Consumed 3;778.55

+urhases o$ Sto0-in-Trade 2;7!2.54

Changes in 1nventories o$ /or0-in-+rogress; 9inished ood -85.84

6mplo,ee Benets 6%pense 33.!7

9inane Costs 'net( !8).78

#epreiation and mortisation 6%pense !"2.72

*ther 6%penses 3;72.8!

Total E()enses 7,*22-2

ro3t Be4ore E(ce)tional Items an! Ta( +5*-07

E(ce)tional Items

1mpairment o$ ssets

6%hange Loss 'net( on 9oreign Curren, Long-Term Borro

ro3t Be4ore Ta( +5*-07Ta( E()ense

Current Ta% e%pense $or urrent ,ear 22".8)

Less Current Ta% e%pense relating to prior ,ears

et Current Ta% e%pense 22".8)

#e$erred Ta% -!3.74

2!).!2

ro3t #or the Year 6-7

6R1S +6R S:R6

'9ae value per share - Rs!( !

Basi 25.4#iluted 25.4

C'[email protected]$rchase o4 stocK in tra!e Ch in StocK 734!.74

um&er o$ Shares held in the Compan, 25.475)278

#ividend per share !2.54

6Auit, #ividend 3!8.54725

orKin; Ca)ital olic: 2015


58/64

a eel o4 C$rrent Assets

TCS .5!

CS .23

TCT .43

CT .!"

& C$rrent Asset #inancin;

STBTC .!"STBC .43

Cash Conersion C:cle CCC

1nventor, Turnover Ratio'1TR( ?C*S1nventor, 4.)

#a,s 1nventor, *utstanding '#1*(?3)51TR 8"."4

#e&torsI Turnover Ratio'#TR( ?S#e&tors 4.)

#a,s Sales *utstanding '#S*( ? #e&torsS per da, ? 3 ".!

+a,a&lesII turnover ratio '+TR( ?C*S+a,a&les 3."7

#a,s +a,a&le *utstanding '#+*( ?3)5+TR "!."

CCC@DI'DS'%D' ++-05

C$rrent assets 2015

1nventories !8".3

Trade Reeiva&les 248).32

Cash and Ban0 Balane 574.3

Short-Term Loans and dvanes !"".

*ther Current ssets 37."

TC 5!).55

TCL 2837.")

ross +rot margin .27

et +rot argin .)Sales and admin per rs. *$ S .!5

/C?TC-TCL 22)8.5"

CNC !"7!.)"

#i>erene ?/C-C/C 2")."

DiO is acco$nte! 4or

#ep !"2.72

+ on #e&tors !57.3287!7)


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201*

254.82

544).4!

57!.23

!735.5!

2!5.)!

3.)

))

22.72

!2"".!8

!!"8.73

43!.!8

57.)4

343).73

1115+-+

!872.)

!58.)2

4257.)4

4!).2

22.8"

)727.4!

.25

8!.5)

24!.78

"7).85

!83.7"

58.4

443!.27


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1115+-+

201*

8;"!5."8

23).5"

8;)7".3"

22."2

+,++2-61

3;!"4.24

!;)!4.!

!3.!"

2)7.5

!85.32

!58.82

2;545."4

+,075-

+-5

5".3

!58.47

2!7.77

5+-++

!5!

-8.8!

7.!"

)2.)2

!32.8!

*6-0

!

!7.!2!7.!2

)345.25ssumption that hal$ o$ salar, in $ator, or0ers thus .5 and same $or

25.475)278

!!.7!2

2"8.375527"

201*


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.5!

.2)

.4

.2!

.2".57

7.83

4).)3

3.)!

!!.

5.2"

)8.")

+-

A!P$ste! /al$es201* 2015 2!4

8!.5) !8".3 8!.5)

24!.78 2!8".42453 2!8.)8428

"7).85 574.3 "7).85

!83.7" !"" !83.7"

58.4 37." 58.4

443!.2 48".)5453 4!37.3!

2!37.55

.27

.5.!5

22"3.47

!""".7) ar0s ).

2"3.7!

!58.82

!2.)7255!


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other e%penses


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8020 (Tata Chemicals)_a

Documents

Transcript of 8020 (Tata Chemicals)_a