J K TYRE

2012

2011

2010

2009

LIQUIDITY RATIOS
CURRENT RATIO
QUICK RATIO

1.03
0.70

1.16
0.70

0.98
0.61

1.18
0.74

SOLVENCY RATIOS
DEBT EQUITY RATIO
FINANCIAL CHARGES COVERAGE RATIO

2.50
1.66

1.84
2.04

1.24
3.05

1.91
1.65

PROFITABILITY RATIOS
NET PROFIT RATIO
OPERATING PROFIT MARGIN RATIO
RETURN ON NET WORTH

0.19%
4.95%
1.64%

1.28%
6.97%
8.58%

4.45%
13.12%
23.57%

0.39%
7.73%
3.31%

INVESTMENT VALUATION RATIOS

DIVIDEND PER SHARE
OPERATING PROFIT PER SHARE

2.5
68.1

3.0
81.4

3.5
117.5

2.7
92.9

Particulars

Mar'12

Mar'11

Mar'10

Mar'09

Sep'07

6,148.59

5,247.57

3,956.29

5,490.32

3,195.71

Excise Duty

502.51

449.39

279.16

556.21

400.64

NET SALES

5,646.08

4,798.18

3,677.13

4,934.11

2,795.07

Other Income

5,649.58

4,822.27

3,695.26

4,956.66

2,807.61

283.85

270.51

225.71

331.23

208.44

Material Consumed

4,299.96

3,560.80

2,404.76

3,549.27

1,885.59

Personal Expenses

294.8

271.8

253.98

294.99

176.72

Selling Expenses

205.43

346.23

295.4

357.35

193.93

Administrative Expenses

282.34

14.61

14.84

19.7

70.93

Sales Turnover

TOTAL INCOME
EXPENDITURE:
Manufacturing Expenses

Expenses Capitalised
Provisions Made

5,366.38

4,463.95

3,194.69

4,552.54

2,535.61

279.7

334.23

482.44

381.57

259.46

EBITDA

283.2

358.32

500.57

404.12

272

Depreciation

101.41

114.54

109.42

148.49

75.44

5.21

4.86

4.35

EBIT

181.79

243.78

385.94

250.77

192.21

Interest

170.43

175.7

164.22

244.24

91.1

EBT

11.36

68.08

221.72

6.53

101.11

Taxes

1.8

30.35

82.21

22.86

34.02

Profit and Loss for the Year

9.56

37.73

139.51

-16.33

67.09

Non Recurring Items

TOTAL EXPENDITURE
Operating Profit

Other Write-offs

1.44

0.49

0.24

-0.3

Other Non Cash Adjustments

0.19

-0.2

0.02

Other Adjustments

23.44

23.76

35.14

REPORTED PAT

11

61.32

163.47

19.05

66.73

Equity Dividend

10.26

12.32

14.37

11.09

8.32

Equity Dividend (%)

24.98

30

34.99

27

27.02

Shares in Issue (Lakhs)

410.59

410.59

410.59

410.59

307.95

EPS - Annualised (Rs)

2.68

14.93

39.81

3.09

21.67

KEY ITEMS
Preference Dividend

Sep '07

Mar '09

Mar '10

Mar '11

Mar '12

Investment Valuation Ratios

Face Value

10

10

10

10

10

Dividend Per Share

2.7

2.7

3.5

2.5

84.26

92.93

117.5

81.4

68.12

907.65

1,201.70

895.56

1,168.60

1,375.10

99.73

93.27

130.02

141.79

141.64

0.12

0.09

0.09

0.09

0.09

9.28

7.73

13.12

6.96

4.95

Operating Profit Per Share (Rs)

Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios
Operating Profit Margin(%)
Profit Before Interest And Tax Margin(%)

Gross Profit Margin(%)

6.58

4.72

10.14

4.57

3.15

Adjusted Cash Margin(%)

5.23

2.76

6.87

3.15

1.96

Net Profit Margin(%)

2.37

0.38

4.42

1.27

0.19

Return On Net Worth(%)

12.69

3.33

23.57

8.57

1.64

Adjusted Return on Net Worth(%)

12.76

-2.86

20.11

5.27

1.42

Return on Assets Excluding Revaluations

170.71

138.97

168.88

174.07

163.32

Return on Assets Including Revaluations

170.71

138.97

168.88

174.07

163.32

18.55

21.94

30.48

19.92

10.99

Return on Long Term Funds(%)

Liquidity And Solvency Ratios

Current Ratio

1.16

1.18

0.98

1.16

1.03

Quick Ratio

0.62

0.72

0.6

0.69

0.68

Debt Equity Ratio

1.71

1.91

1.24

1.84

2.5

Long Term Debt Equity Ratio

0.94

0.98

0.83

0.71

1.47

Debt Coverage Ratios

Interest Cover

Total Debt to Owners Fund

1.71

1.91

1.24

1.84

2.5

Financial Charges Coverage Ratio

2.99

1.65

3.05

2.04

1.66

Financial Charges Coverage Ratio Post Tax

2.61

1.71

2.69

1.66

6.53

14.03

9.11

7.91

9.78

1.3

2.18

1.44

1.76

2.58

Average Raw Material Holding

28.18

20.71

39.19

29.11

29.89

Average Finished Goods Held

43.49

27.88

18.69

26.62

15.58

Number of Days In Working Capital

20.47

19

-2.1

17.63

3.53

Material Cost Composition

72.02

70.44

63.38

77.93

74.61

Imported Composition of Raw Materials Consumed

28.18

33.56

34.21

28.84

33.22

6.93

7.24

8.03

7.21

3.63

17.26

15.24

9.82

8.86

10.54

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit

6.64

7.52

6.02

8.14

10.61

Management Efficiency Ratios

Investments Turnover Ratio
Asset Turnover Ratio

Profit & Loss Account Ratios

Selling Distribution Cost Composition

Expenses as Composition of Total Sales

Dividend Payout Ratio Cash Profit

Earning Retention Ratio
Cash Earning Retention Ratio
AdjustedCash Flow Times

85.5

179.42

87.99

62.05

-24.79

93.38

90.54

93.41

90.6

89.25

6.23

8.04

3.38

8.66

15.12

Particulars

Mar'12

Mar'11

Mar'10

Mar'09

Sep'07

Liabilities

12 Months

12 Months

12 Months

12 Months

12 Months

Share Capital

41.06

41.06

41.06

41.06

30.79

629.54

673.66

652.36

534.77

503.13

670.6

714.72

693.42

575.83

533.92

1,396.69

758.68

433.33

850.31

686.82

281.35

559.35

426.85

251.49

228.13

2,348.64

2,032.75

1,553.60

1,677.63

1,448.87

Gross Block

2,773.27

2,737.33

2,561.90

2,270.38

2,156.07

(-) Acc. Depreciation

1,330.08

1,321.02

1,209.13

1,101.50

957.27

Net Block

1,443.19

1,416.31

1,352.77

1,168.88

1,198.80

749.2

287.88

132.02

240.19

20.34

Investments.

100.89

93.56

90.24

89.75

62.6

Inventories

661.54

688.6

459.7

414.45

502.85

Sundry Debtors

867.36

713.99

487.6

442.47

435.52

Reserves & Surplus

Net Worth
Secured Loans
Unsecured Loans
TOTAL LIABILITIES
Assets

Capital Work in Progress.

Cash And Bank

78.42

85.28

63.27

41.99

29.22

470.48

250.02

212.57

217.54

155

Total Current Assets

2,077.80

1,737.89

1,223.14

1,116.45

1,122.59

Current Liabilities

1,917.17

1,398.74

1,137.51

883.08

927.78

105.27

104.15

107.06

59.77

35.9

2,022.44

1,502.89

1,244.57

942.85

963.68

55.36

235

-21.43

173.6

158.91

5.21

8.22

2,348.64

2,032.75

1,553.60

1,677.63

1,448.87

Loans And Advances

Provisions
Total Current Liabilities
NET CURRENT ASSETS
Misc. Expenses
TOTAL ASSETS (A+B+C+D+E)