Particulars Mar ' 09 Mar ' 08 Mar ' 07

Profit before tax 300.81 831.38 683.46

Net cashflow-operating activity 1,775.10 2,401.48 2,010.09

Net cash used in investing activity -1,286.26 -611.36 -1,423.02

Netcash used in fin. activity -380.17 -1,823.49 -880

Net inc/dec in cash and equivlnt 108.67 -33.37 -292.93

Cash and equivalnt begin of year 399.49 432.86 725.79

Cash and equivalnt end of year 508.16 399.49 432.86

Particulars Mar ' 10 Mar ' 09 Mar ' 08
Income
Operating income 10,591.24 11,717.40 10,763.35
Expenses
Material consumed 4,980.47 3,983.17 4,108.57

Manufacturing expenses  3,391.52 4,426.80 3,587.56

Personnel expenses 217.69 233.07 225.8
Selling expenses - 291.73 215.12

Adminstrative expenses 510.6 269.98 265.5

Expenses capitalised - - -
Cost of sales 9,100.28 9,204.75 8,402.55
Operating profit 1,490.96 2,512.65 2,360.80
Other recurring income 282.32 124.48 41.15
Adjusted PBDIT 1,773.28 2,637.13 2,401.95
Financial expenses 908.4 861.63 890.01
Depreciation  792.85 828.11 766.52
Other write offs - - -
Adjusted PBT 72.03 947.39 745.42
Tax charges  49 110.32 383.07
Adjusted PAT 23.03 837.07 362.35
Non recurring items - -707.01 84.16
Other non cash
adjustments -0.58 55.14 -16.02
Reported net profit 22.45 185.2 430.49
Earnigs before
appropriation 1,892.47 1,859.10 1,874.78
Equity dividend - - -
Preference dividend 8.72 - 11.5
Dividend tax 1.48 - 1.96
Retained earnings 1,882.27 1,859.10 1,861.32
Particulars Mar ' 10 Mar ' 09 Mar ' 08
Sources of funds
Owner's fund
Equity share capital 2,213.73 1,140.48 1,140.48
Share application money 33.53 - -
Preference share capital 43.6 43.6 43.6
Reserves & surplus 6,838.70 3,554.28 3,447.25
Loan funds
Secured loans 16,596.35 6,317.62 5,383.11
Unsecured loans 1,590.89 993.77 733.47
Total 27,316.80 12,049.75 10,747.91
Uses of funds
Fixed assets
Gross block 16,329.22 15,367.85 14,688.87
Less : revaluation reserve - - -

Less : accumulated depreciation 7,045.54 6,239.03 5,414.98

Net block 9,283.68 9,128.82 9,273.89
Capital work-in-progress 14,492.20 549.61 575.12
Investments 492.79 791.31 515.22
Net current assets

Current assets, loans & advances 7,970.52 5,465.23 4,829.42

Less : current liabilities & provisions 4,922.39 3,885.22 4,445.74

Total net current assets 3,048.13 1,580.01 383.68

Miscellaneous expenses not written - - -

Total 27,316.80 12,049.75 10,747.91
Notes:
Book value of unquoted
investments 491.73 790.25 514.09

Market value of quoted investments 2.96 1.87 4.43

Contingent liabilities 6,045.40 2,784.46 3,541.40
Number of equity sharesoutstanding
(Lacs) 22130.61 11398.11 11398.11
 Mar ' 10 Mar ' 09 Mar ' 08
Per share ratios
Adjusted EPS (Rs) 0.06 7.34 3.08
Adjusted cash EPS (Rs) 3.65 14.61 9.8
Reported EPS (Rs) 0.06 1.62 3.66
Reported cash EPS (Rs) 3.64 8.89 10.38
Dividend per share - - -

Operating profit per share (Rs) 6.74 22.04 20.71

Book value (excl rev res) per
share (Rs) 40.9 41.19 40.25
Book value (incl rev res) per
share (Rs.) 40.9 41.19 40.25
Net operating income per share
(Rs) 47.86 102.8 94.43
Free reserves per share (Rs) - 29.29 28.35
Profitability ratios
Operating margin (%) 14.07 21.44 21.93
Gross profit margin (%) - 14.37 14.81
Net profit margin (%) - 1.56 3.96
Adjusted cash margin (%) 7.5 14.06 10.44

Adjusted return on net worth (%) 0.15 17.82 7.64

Reported return on net worth (%) 0.15 3.94 9.09

Return on long term funds (%) 3.59 18.48 17.87

Leverage ratios
Long term debt / Equity 2.01 1.08 0.99
Total debt/equity 2.01 1.57 1.34

Owners fund as % of total source 33.17 38.96 42.68

Fixed assets turnover ratio 0.64 0.76 0.73
Liquidity ratios
Current ratio 1.62 1.41 1.09
Current ratio (inc. st loans) 1.62 0.7 0.67
Quick ratio 1.08 0.62 0.41
Inventory turnover ratio 4.32 8.69 8.94
Payout ratios

Dividend payout ratio (net profit) 10.77 - 0.46

Dividend payout ratio (cash profit) 0.18 - 0.16

Earning retention ratio 89.66 100 99.45
Cash earnings retention ratio 99.82 100 99.83
Coverage ratios
Adjusted cash flow time total debt 22.29 4.39 5.42

Financial charges coverage ratio 1.95 3.06 2.7

Fin. charges cov.ratio (post tax) 1.9 2.18 2.34

Component ratios
Material cost component (%
earnings) 48.6 35.36 36.6
Selling cost Component - 2.48 1.99

Exports as percent of total sales 10.99 25.29 29.96

Import comp. in raw mat.
consumed 18.77 3.28 11.94

Long term assets / total Assets 0.75 0.65 0.68

Bonus component in equity
capital (%) - 0.34 0.34