Basic HTML Version
39
Annual Report 2011-12
38 Kajaria Ceramics Limited
5-YEAR
FINANCIALS
(
`
million)
2007-08 2008-09 2009-10
2010-11
2011-12
Share Capital
147.17
147.17
147.17
147.17
147.17
Reserves
1,401.74 1,473.51 1,746.23
2,078.44
2,671.80
Loan funds
3,372.57 3,251.67 2,628.28
2,796.79
2,417.24
Gross Block
4,900.74 5,014.92 5,435.47
6,999.88
7,233.27
Net Block (Fixed Assets)
3,382.02 3,276.53 3,447.90
4,790.39
4,690.67
Capital work-in-progress
26.28
–
25.43
0.63
17.60
Investments
33.94
33.94
33.94
90.14
123.52
Current assets
2,794.64 2,968.30 2,976.43
3,077.30
3,763.88
Current Liabilities
793.39
871.87 1,413.49
2,334.15
2,723.18
Net Current Assets
2,001.24 2,096.43 1,562.94
743.15
1,040.70
Deferred tax liabilities
522.00
534.55
548.52
601.91
636.28
Turnover
5,289.07 6,911.99 7,667.54 10,045.71
14,003.23
Other Income and Operating Income
15.30
9.96
7.45
12.49
25.67
Material costs
2,380.32 3,601.85 3,643.53
5,398.85
6,825.83
Power and fuel costs
777.02
906.21 1,048.76
926.61
1,937.81
Employee Costs
416.34
504.87
612.84
758.07
1,036.57
Other manufacturing expenses
140.30
133.69
167.77
198.99
429.61
Admn and selling expenses
493.59
552.92
733.20
767.28
893.61
EBIDTA
834.35
959.26 1,156.72
1,486.14
2,015.77
Interest
397.79
582.42
375.24
299.39
469.82
EBDT
436.56
376.84
781.48
1,186.75
1,545.95
Depreciation
236.14
249.37
267.06
294.99
370.77
PBT
200.43
127.47
514.42
891.76
1,175.18
Tax
50.20
38.48
155.90
285.14
368.03
Net Profit
150.23
88.99
358.52
606.62
807.15
Networth
1,548.91 1,620.68 1,893.40
2,225.61
2,818.97
Capital Employed
5,443.48 5,406.90 5,070.20
5,624.31
5,872.49
EPS (
`
)*
2.04
1.21
4.87
8.24
10.97
Book value (
`
)*
21.05
22.02
25.73
30.25
38.31
Dividend (
`
)*
0.20
0.20
1.00
2.00
2.50
RONW / ROE (%)
10.13
5.62
20.40
29.45
32.00
ROCE (%)
11.20
13.08
16.98
22.28
28.62
VALUE ADDED
STATEMENT
(
`
million)
2007-08 2008-09 2009-10
2010-11
2011-12
Sales (gross)
5,289.07 6,911.98 7,667.54 10,045.71
14,003.23
Other income and operating income
15.30
9.96
7.45
12.49
25.67
Stock Adjustments
291.97
(67.38)
(40.60)
(39.22)
154.71
5,596.34 6,854.56 7,634.39 10,018.98
14,183.61
Less
Raw Material consumed
1,169.58 1,251.84 1,437.91
1,555.68
2,862.79
Trading goods
1,502.71 2,282.63 2,165.03
3,803.95
4,117.75
Manufacturing expenses
917.32 1,039.89 1,216.53
1,125.60
2,367.42
Other expenses
493.59
552.92
733.20
767.28
893.61
4,083.20 5,127.28 5,552.67
7,252.51
10,241.57
TOTAL VALUE ADDITION
1,513.14 1,727.28 2,081.73
2,766.47
3,942.04
DISTRIBUTION
OF VALUE-ADDED
(
`
million)
2007-08 2008-09 2009-10
2010-11
2011-12
To the Government
Excise duty
262.48
263.16
312.18
522.26
889.70
Dividend tax
2.50
2.50
12.22
23.87
29.84
Current tax
25.74
25.93
141.93
231.75
333.66
290.72
291.59
466.33
777.88
1253.20
To the employees
416.34
504.86
612.84
758.07
1036.57
To providers of finance
397.79
582.42
375.24
299.39
469.82
To shareholders
14.72
14.72
73.58
147.17
183.96
Depreciation
236.14
249.37
267.06
294.99
370.77
Deferred tax
24.45
12.55
13.97
53.39
34.37
Profit ploughed back
133.00
71.78
272.71
435.58
593.35
Retained in business
393.58
333.70
553.74
783.96
998.49
TOTAL VALUE ADDED DISTRIBUTED
1,513.14 1,727.28 2,081.73
2,766.47
3,942.04
*Face Value of
`
2/- per share.
Note: As per new schedule VI of the Companies act, some of the heads, like current assets, current liabilities, loan
funds, etc have been classified differently in the balance sheet for 2010-11 and 2011-12. We have adjusted these
numbers in line with the old Schedule VI, for ease of comparison with earlier years. The basis of comparison and
reconciliation have been provided in financial analysis section (page 32 to page 35).