Emami Cement Ltd.

Executive Summary : Mar 2008 - Mar 2017 : Non-Annualised : Rs. Crore

Mar-08 Mar-09 Mar-10
10 mths 12 mths 12 mths
IGAAP IGAAP IGAAP
-
Total income
Sales
Income from financial services

Change in stock

Total expenses
Raw materials, stores & spares
Power, fuel & water charges
Compensation to employees
Interest expenses
Depreciation

Profits
PBDITA
PBDITA net of P&E&OI&FI
Profit after tax (PAT)
PAT net of P&E

Total liabilities 7.75 16.21 40.63

Shareholders' funds -3.19 0.03 -0.34
Paid up equity capital 0.05 0.05 0.05
Reserves and funds
Non-current liabilities (incl long term provns)
Long term borrowings
Current liabilities incl short term provns 1.16 1.24 1.3

Net worth -3.19 0.03 -0.34

Tangible net worth -3.19 0.03 -8.09

Total assets 7.75 16.21 40.63

Non-current assets
Net fixed assets 3.89 6.82 21.1
Long term investments
Current assets (incl short term invest & adv)

Profitability ratios (%)

Operating margin 0 0 0
Net profit margin 0 0 0
 Return on net worth
Return on total assets 0 0
Return on capital employed 0 0

Liquidity ratios (times)

Current ratio 0.398 0.202 0.228
Debt to equity ratio 497.333
Interest cover

Average cost of Funds (%) 0 0

Efficiency ratios (times)

Total income / total assets 0 0
Sales / Net fixed assets 0 0 0
Total income / compensation to employees
 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
IGAAP IGAAP IGAAP IGAAP IGAAP INDAS INDAS

2.34 26.81 25.15 25.7 32.16 197.94

1.97 24.97 25.05 25.22 25.35 190.05
0.37 1.84 0.08 0.43 6.72 7.23

36.39

1.83 24.15 25 25.4 24.61 272.09

115.69
0.01 0.05 0.23 0.16 0.25 16.77
0.08 0.88 0.52 0.39 0.67 18.41
0.89 12.24 12.35 11.69 5.98 36.91
0.53 7.36 7.93 9.05 10.34 25.76

2.15 24.36 22.77 23.94 26.96 -29.48

1.78 22.52 22.68 23.46 20.15 -37.37
0.51 2.66 0.15 0.3 7.55 -37.76
0.51 2.66 0.15 0.3 7.55 -37.93

167.04 378.66 398.71 529.86 1,119.31 2,054.04 3,086.53

50.05 50.32 53.22 128.94 448.21 691.88 853.58
33.38 33.38 33.38 82.04 175.4 223.73 242.08
16.67 17.18 19.84 46.9 272.81 468.15 611.5
113.15 281.49 307.77 254.84 618.98 1,174.52 1,764.12
112.66 281.02 307.62 254.41 615.1 1,173.84 1,588.40
3.84 46.61 37.72 146.08 52.12 187.64 468.83

50.05 50.32 53.22 128.94 448.21 691.88 853.58

42.3 42.72 45.68 121.46 440.83 684.33 835.91

167.04 378.66 398.71 529.86 1,119.31 2,054.04 3,086.53

164.24 320.92 393.77 522.52 1,058.80 1,873.73 2,676.27
109.45 250.08 299.38 343.14 357.8 416.44 1,936.84

2.8 57.74 4.94 7.34 60.51 180.31 410.26

0 90.36 90.19 90.54 93.02 79.49 -19.66

0 21.79 9.92 0.6 1.17 23.48 -19.18
 0 1.02 5.14 0.16 0.1 1.32 -4.91
0 0.19 0.68 0.03 0.04 0.48 -1.48
0 0.2 0.72 0.03 0.04 0.5 -1.66

0.69 1.227 0.109 0.045 1.134 0.433 0.563

2.293 5.908 6.419 2.932 1.419 1.796 2.092
1.708 1.269 1.015 1.03 1.917

0 0.43 3.83 3.43 2.31 0.64 2.44

0 0.009 0.069 0.054 0.031 0.02 0.077

0 0.79 8.34 7.3 7.05 6.09 9.81
29.25 30.466 48.346 65.897 48 10.743
Emami Cement Ltd.
Executive Summary (Peer Comparison) : Annualised : Mar 2017 : Rs. Crore
Company Name Year Total income
A C C Ltd. 31-Dec-16 12,651.73
Adhunik Cement Ltd. 31-Mar-17 462.51
Ambuja Cements Ltd. 31-Dec-16 11,066.85
Andhra Cements Ltd. 31-Mar-17 407.41
Anjani Portland Cement Ltd. 31-Mar-17 361.62
Barak Valley Cements Ltd. 31-Mar-17 128.01
Bharathi Cement Corpn. Pvt. Ltd. 31-Dec-16 1,271.86
Bhavya Cements Ltd. 31-Mar-17 337.52
Bhilai Jaypee Cement Ltd. 31-Mar-17 85.28
Binani Cement Ltd. 31-Mar-17 1,534.61
Birla Corporation Ltd. 31-Mar-17 3,974.96
Burnpur Cement Ltd. 31-Mar-17 82.8
Calcom Cement India Ltd. 31-Mar-17 736.97
Cement Corpn. Of India Ltd. 31-Mar-17 480.59
Dakshin Cements Ltd. 31-Mar-17
Dalmia Cement (Bharat) Ltd. 31-Mar-17 3,441.47
Dalmia Cement East Ltd. 31-Mar-17 929.21
Deccan Cements Ltd. 31-Mar-17 738.52
Dirk India Pvt. Ltd. 31-Mar-17 25.24
Emami Cement Ltd. 31-Mar-17 197.94
Green Valliey Inds. Ltd. 31-Mar-17 242.46
Gujarat Sidhee Cement Ltd. 31-Mar-17 501.9
Harish Cement Ltd. 31-Mar-17
Heidelberg Cement India Ltd. 31-Mar-17 2,025.54
Hills Cement Co. Ltd. 31-Mar-17 167.27
India Cements Ltd. 31-Mar-17 5,794.03
J K Cement Ltd. 31-Mar-17 4,486.35
J K Lakshmi Cement Ltd. 31-Mar-17 3,340.40
J S W Cement Ltd. 31-Mar-17 1,675.60
J U D Cements Ltd. 31-Mar-17 65.95
Jaiprakash Associates Ltd. 31-Mar-17 6,765.53
Jaypee Assam Cement Ltd. 31-Mar-17
K C P Ltd. 31-Mar-17 954.78
K J S Cement Ltd. 31-Mar-17 818.02
Kalyanpur Cements Ltd. 31-Mar-17 79.21
Keerthi Industries Ltd. 31-Mar-17 223.12
Kesoram Industries Ltd. 31-Mar-17 4,375.98
Lok Cements Ltd. 31-Mar-17
M G T Cements Pvt. Ltd. 31-Dec-16
Mangalam Cement Ltd. 31-Mar-17 1,065.88
Megha Technical & Engineers Pvt. Ltd. 31-Mar-17 194.01
My Home Inds. Pvt. Ltd. 31-Mar-17 1,464.19
N C L Industries Ltd. 31-Mar-17 987.71
Nuvoco Vistas Corporation Ltd. 31-Mar-17 5,955.01
O C L India Ltd. 31-Mar-17 3,423.62
Orient Cement Ltd. 31-Mar-17 2,318.55
Panyam Cements & Mineral Inds. Ltd. 31-Mar-17 279.68
Parasakti Cement Inds. Ltd. 31-Mar-17 379.35
Penna Cement Inds. Ltd. 31-Mar-17 1,918.54
Prism Johnson Ltd. 31-Mar-17 5,555.24
Purbanchal Cement Ltd. 31-Mar-17 200.78
R C C Cements Ltd. 31-Mar-17 0.11
Rain Cements Ltd. 31-Dec-16 1,072.22
Ramco Cements Ltd. 31-Mar-17 4,626.28
Sagar Cements (R) Ltd. 31-Mar-17 343.13
Sagar Cements Ltd. 31-Mar-17 643.53
Sanghi Industries Ltd. 31-Mar-17 1,104.26
Saurashtra Cement Ltd. 31-Mar-17 546.2
Shiva Cement Ltd. 31-Mar-17 26.51
Shree Cement Ltd. 31-Mar-17 10,037.07
Shree Digvijay Cement Co. Ltd. 31-Mar-17 364.82
Shri Keshav Cements & Infra Ltd. 31-Mar-17 52.1
Srichakra Cements Ltd. 31-Mar-17 248.76
Star Cement Ltd. 31-Mar-17 1,352.04
Star Cement Meghalaya Ltd. 31-Mar-17 480.77
Udaipur Cement Works Ltd. 31-Mar-17 101.67
Ultratech Cement Ltd. 31-Mar-17 27,854.53
Vadraj Cement Ltd. 31-Mar-17 90.15
Zuari Cement Ltd. 31-Dec-16 2,144.90
Profit after tax (PAT) PAT net of P&E Shareholders' funds Reserves and funds Long term borrowings
647.05 645.72 8,831.87 8,643.88
-88.38 -104.49 -63.56 -96.51 160.49
932.24 848 19,356.87 18,959.74 15.73
-103.12 -103.12 -66.14 -359.66 881.37
44.88 45.15 204.23 178.94 29.99
1.35 -1.95 84.76 62.6 31.88
202.23 202.23 2,307.60 2,228.40
6.24 6.23 128.64 49.04 73.64
-69.03 -68.86 97.38 -282.3
-347.6 -347.6 494.18 262.59 3,264.07
214 197.08 3,022.00 3,097.11 1,835.32
-53.88 -53.9 45.34 -36.16 26.25
-13.84 -13.53 148.78 -260.02 634.26
42.33 -23.75 -13.82 -806.9 21.25
0 -0.05
135.32 122.18 3,354.25 3,101.33 4,128.86
102.42 102.02 462.49 328.84 224.26
46.6 46.85 327.41 320.41 26.38
-2.11 -2.11 -29.87 -31.95 17.64
-37.76 -37.93 853.58 611.5 1,588.40
-202.15 -107.84 -257.29 -274.79 51.24
-39.04 -40.48 138.3 52.1 12.93
0 0 153.73 153.48
76.21 59.33 966.95 740.33 575.19
-6.16 -7.6 41.53 -67.93 102.02
173.35 171.39 5,109.90 4,801.75 2,379.65
259.58 279.13 1,920.33 1,850.40 2,318.45
82 81.31 1,377.19 1,322.84 1,590.06
115.65 117.24 546.47 95.96 1,493.61
-51.81 -49.75 -107.77 -167.85 71.46
-4,361.57 -4,367.95 7,426.78 6,940.29 15,388.38
-0.01 -0.01 -0.98 -1.04
33.81 28.29 410.56 397.68 222.1
12.83 12.83 73.24 52.13 685.05
-145.34 -94.65 -522.58 -550.45 80.46
13.32 13.32 73.06 56.16 33.4
-154.87 -320.98 880.48 729 2,048.94
-0.09 -0.09 -2.26 -3.26 2.54
-0.01 -0.01 0 -0.75
36.63 36.47 504.7 479.29 228
-0.72 2.85 242.85 215.5
77.7 77.79 2,434.39 2,370.47 43.46
 54.73 54.73 240.49 203.76 243.54
165.67 62.99 3,948.95 2,864.79 4,298.46
383.87 383.78 2,355.40 2,344.01 1,011.47
-32.1 -39.81 987.17 966.68 1,188.49
4.24 4.21 36.51 13.17 98.93
13.79 13.79 128.66 162.25 82.01
166.5 166.87 850.02 840.26 689.52
17.51 15.75 955.65 452.29 1,009.36
0.2 0.2 68.86 31.01 0.12
0 0 4.37 -1.23
49.51 50.36 349.39 319.58 72.9
649.29 654.16 3,738.00 3,717.70 503.63
-14.76 -14.82 167.13 -116.09 201.69
12.49 12.54 784.34 764.07 148.29
63.14 63.14 1,113.98 894 459.02
9.64 6.3 283.37 214.18 2.12
-20.82 -9.72 83.65 42.38 30.77
1,339.11 1,324.76 7,698.14 7,663.30 518.74
-15.34 -18.1 183 41.62
5.94 5.94 26.36 21.24 39.79
3.43 3.55 51.22 42.22 46.21
80.02 80.02 627.76 585.84 365.29
92.24 92.61 552.43 522.61 84.42
2.85 -1.23 259.37 40.62 487.5
2,627.72 2,445.00 23,941.01 23,666.50 4,200.12
-509.58 -509.58 482.19 -1,517.81 3,077.42
102.01 101.53 1,324.30 1,049.34 152.44
Non-current assets Net fixed assets Net profit margin Return on net worth
9,709.47 7,524.95 5.12 7.48
814.95 704.27 -23.41
19,401.91 5,941.61 7.73 5.72
1,225.22 777.5 -25.31
290.03 261.09 12.49 30.97
152.08 67.83 -1.56 -2.32
1,620.64 1,261.46 15.9 9
189.65 170.55 1.85 4.96
874.17 603.77 -80.75 -52.27
3,080.23 1,676.95 -22.65 -55.61
5,278.97 2,012.07 4.99 6.71
292.25 291.34 -65.11 -74.58
1,150.52 912.44 -1.84 -8.69
245.1 114.49 -5.75
0
7,625.45 4,501.80 3.56 3.72
648.67 549.78 10.98 24.8
411.72 376.93 6.35 15.27
15.31 10.67 -8.36
2,676.27 1,936.84 -19.18 -4.91
131.86 127.55 -44.52
240.1 95.29 -8.09 -25.65
155.26 93.63 0
2,166.30 1,877.07 2.95 6.37
146.5 143.09 -4.58 -17.03
8,946.67 6,972.88 2.96 3.4
4,857.49 3,680.02 6.22 15.46
3,831.98 2,825.68 2.43 6.08
2,628.55 1,527.03 7 24.2
173.03 166.01 -75.44
23,988.74 6,449.16 -64.62 -45.46

868.44 678.8 2.98 7.09

832.61 816.98 1.57 22.58
72.08 51.44 -119.49
134.02 121.7 5.97 23.16
3,772.58 2,029.55 -7.63 -58.75
0.32
0 0 -200
1,045.25 813.57 3.42 7.46
244.98 23 1.47 1.17
2,607.52 1,319.31 5.31 3.25
 554.76 385.38 5.54 25.03
10,022.60 8,914.56 1.08 1.55
2,353.04 2,113.07 11.21 17.74
2,700.23 2,295.64 -1.72 -3.93
179.86 86.33 1.51 13.36
208.49 197.11 3.64 11.33
1,635.63 1,114.90 8.7 21.66
2,992.11 1,989.21 0.28 1.66
48.69 21.36 0.1 0.29
4.5 0 0 0
656.89 410.22 4.7 9
5,743.32 4,942.38 14.15 19.16
539.92 437.01 -4.32 -29.13
870.97 494.67 1.95 1.87
1,780.22 1,451.86 5.72 5.83
322.59 199.01 1.16 2.3
182.56 160.71 -36.67 -10.56
7,905.07 2,599.12 13.22 18.22
282.48 215.99 -5.01 -9.49
81.44 79.9 11.4 25.7
77.58 65.22 1.43 7.17
723.63 285.5 5.92 13.34
594.98 348.31 19.26 18.29
793.23 654.45 -1.26 -0.67
27,974.73 23,231.76 8.84 10.73
3,991.40 1,912.40 -565.26 -108.06
2,411.30 1,961.06 4.73 7.67
Emami Cement Ltd.
Income & Expenditure Summary : Mar 2008 - Mar 2017 : Non-Annualised : Rs. Crore
Mar-08 Mar-09
10 mths 12 mths
IGAAP IGAAP
-
Total income
Sales
Industrial sales
Income from non-financial services
Income from financial services
Interest income
Dividends
Income from treasury operations
Other income
Prior period and extraordinary income

Change in stock

Total expenses
Operating expenses
Raw materials, stores & spares
Purchase of finished goods
Packaging and packing expenses
Power, fuel & water charges
Compensation to employees
Indirect taxes
Royalties, technical know-how fees, etc
Rent & lease rent
Repairs & maintenance
Insurance premium paid
Outsourced manufacturing jobs
Outsourced professional jobs
Non-executive directors' fees
Selling & distribution expenses
Travel expenses
Communications expenses
Printing & stationery expenses
Miscellaneous expenditure
Other operational exp of industrial ent
Other operational exp of non-fin services ent
Share of loss in other enterprises
Financial services expenses
Fee based financial services expenses
Fund based financial services expenses
 Non-cash charges
Depreciation
Amortisation
Write-offs
Provisions

Prior period and extraordinary expenses

Provision for direct tax

Profit after tax

Addendum Information
Total income net of P&E
Net sales
Cost of goods sold 0 0
Cost of sales
Cost of sales per day 0 0
 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP INDAS INDAS

2.34 26.81 25.15 25.7 32.16 197.94

1.97 24.97 25.05 25.22 25.35 190.05
1.97 24.97 25.05 25.22 25.35 190.05

0.37 1.84 0.08 0.43 6.72 7.23

0.37 1.84 0.08 0.14 0.29 1.47

0.29 6.43 5.76

0.01 0.05 0.09 0.49
0.01 0.17

36.39

1.83 24.15 25 25.4 24.61 272.09

0.19 2.45 2.37 1.76 5.2 263.81
115.69

0.01 0.05 0.23 0.16 0.25 16.77

0.08 0.88 0.52 0.39 0.67 18.41
1.35 23.16

0.06 0.08 0.05 0.47 3.06

0.03 0.03 0.05 0.1 0.32
0.01 0.07 0.06 0.06 0.04 0.2
0 0.01 0.02
0.02 0.34 0.57 0.23 0.16 3.39

0.24 62.7
0.01 0.09 0.21 0.05 0.04 2.43
0.16

0.01 0.08 0.06 0.06 2.12 17.52

0.05 0.61 0.68 0.69

0.99 13.67 14.65 14.52 8.67 48.51

1.31 2.07 2.34
0.99 12.36 12.58 12.18 8.67 48.51
 0.53 7.36 7.93 9.05 10.34 25.76
0.53 7.36 7.93 9.05 10.34 25.76

0.01

0.12 0.67 0.04 0.07 0.4 -65.99

0.51 2.66 0.15 0.3 7.55 -37.76

2.34 26.81 25.14 25.7 32.16 197.77

1.97 24.97 25.05 25.22 25.35 166.89
0 0 0.59 7.94 8.41 9.31 11.05 130.26
0.72 9.81 10.38 10.81 15.54 253.16
0 0 0 0.03 0.03 0.03 0.04 0.69
Emami Cement Ltd.
Balance Sheet Summary : Mar 2008 - Mar 2017 : Non-Annualised : Rs. Crore
Mar-08 Mar-09 Mar-10
10 mths 12 mths 12 mths
IGAAP IGAAP IGAAP
-
Total liabilities 7.75 16.21 40.63

Total Capital 0.05 0.05 0.05

Paid up equity capital 0.05 0.05 0.05
Paid up preference capital

Share appln money & suspense account

Reserves and funds

Free reserves
General reserves
Balance as per profit & loss account
Specific reserves
Security premium reserves (net of deductions)
Capital reserves (incl grants and subsidies)
Capital redemption reserves
Debenture and bond redemption reserves

Long term borrowings excl current portion

Long term borrowings incl current portion
From banks
From financial institutions
Syndicated across banks & institutions
Debentures and bonds
Loans from promoters, directors & shareholders
Less: current portion of long term borrowings

Deferred tax liability

Other long term liabilities
Long term provisions

Current liabilities & provisions 1.16 1.24 1.3

Short term borrowings
Short term trade payables and acceptances

Total assets 7.75 16.21 40.63

Net fixed assets 3.89 6.82 21.1

Net intangible assets 7.75
 Land and buildings 3.39 6.21 12.79
Plant, machinery, computers & electrical assets 0.05 0.15 0.14

Capital work-in-progress 0 0
Net pre-operative exp pending allocation 9.02 15.92

Long term investments

Long term investments in group cos
Long term investments in non group cos

Long term loans & advances

Deferred tax assets
Other long term assets

Current assets and loans & advances

Inventories
Trade & bills receivables
Cash & bank balance 0.04
Short term investments
Short term loans & advances

Addendum Information
Net fixed assets net of reval 3.89 6.82 21.1
Tangible net worth -3.19 0.03 -8.09
Total outside liabilities 7.59 15.9 40.26
 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
IGAAP IGAAP IGAAP IGAAP IGAAP INDAS INDAS

167.04 378.66 398.71 529.86 1,119.31 2,054.04 3,086.53

33.38 33.38 33.38 82.04 175.4 223.73 242.08

33.38 33.38 33.38 82.04 175.4 223.73 242.08

16.67 17.18 19.84 46.9 272.81 468.15 611.5

0.51 3.17 3.32 3.62 5.66 -32.66

0.51 3.17 3.32 3.62 5.66 -32.66

16.67 16.67 16.67 43.58 269.19 462.49 644.16
16.67 16.67 16.67 43.58 269.19 462.49 644.16

112.66 281.02 307.62 254.41 615.1 1,173.84 1,588.40

359.32

13.54

142.1
0.01 0.02 0.01 0.01 3.04 31.66
0.48 0.45 0.14 0.42 0.84 0.68 1.96

3.84 46.61 37.72 146.08 52.12 187.64 468.83

2.08 10.79 12.39 111.72 7.59 53.95 120.89
28.7 1.76 0.76 20.43 54.99 100.38

167.04 378.66 398.71 529.86 1,119.31 2,054.04 3,086.53

109.45 250.08 299.38 343.14 357.8 416.44 1,936.84

7.75 7.6 7.54 7.48 7.38 7.55 17.67
101.05 131.07 171.72 215.41 233.46 274.08 455.25
0.09 110.81 116.03 115.82 111.88 132.13 1,455.89

32.46 0 0 121.32 577.74 1,383.85 417.07

55.04 82.87 14.61

22.33 14.84 9.56 42.76 91.93 68.29 112.38

208.09
0.96 1.96 0.69 31.33 5.15 1.89

2.8 57.74 4.94 7.34 60.51 180.31 410.26

0.03 0.07 101.73
1.96 2.34 4.56 4.54 2.44 25.87
2.19 54.93 2.06 2.36 50.73 71.35 105.05
4.84 29.86
0.21 0.37 0.51 0.4 3.88 99.93 147.37

109.45 250.08 299.38 343.14 357.8 416.44 1,936.84

42.3 42.72 45.68 121.46 440.83 684.33 835.91
118.46 343.53 377.81 522.34 687.41 1,427.57 2,246.57