8102 (JK Lakshmi Cement)

8/20/2019 8102 (JK Lakshmi Cement)

1/53

20

EQUITY AND LIABILITIES

SHAREHOLDERS’ FUNDS :

(a) Share Capital 58.85

(b) Reserves and Surplus 1,271.85

NON CURRENT LIABILITIES :

(a) Long Term Borrowings 1,437.08

(b) Deferred Tax Liabilities (Net) 128.44

() !ther Long Term Liabilities 66.16

(d) Long Term "rovisions 7.87

CURRENT LIABILITIES :

(a) Short Term Borrowings 233.13

(b) Trade "a#ables 218.33

() !ther Current Liabilities 626.05

(d) Short Term "rovisions 3.45

T!"#$

ASSETS

NON CURRENT ASSETS :

(a) $ixed %ssets

Tangible %ssets 2,580.2

&ntangible %ssets 1.58

Capital 'orin"rogress 361.46

(b) Non Current &nvestments 168.81

() Long Term Loans and %dvanes 203.62

(d) !ther Non Current %ssets %

CURRENT ASSETS :

(a) Current &nvestments 253.

(b) &nventories 223.47

() Trade Reeivables 70.4

(d) Cash and Ban Balanes 15.2

(e) Short Term Loans and %dvanes 135.37

(f) !ther Current %ssets 72.21

T!"#$


2/53

S"#"&'&(" !) *+!)" #(- L! )!+ "/& + &(-&

*ross Revenue from Sale of "roduts and Servies

Less + ,xise Dut#

R&&(& )+!' O&+#"!( N&"

!ther &nome

T!"#$ R&&(&

E&(& :

Cost of -aterials Consumed

"urhases of StoinTrade

,mplo#ee Benefits ,xpense

!ther ,xpenses

T!"#$ E&(&

*BIDT

$inane Costs

Depreiation and %mortisation ,xpense

"rofit Before ,xeptional &tem and Tax

"rofit Before Tax

Current Tax 27.24

Less + -%T Credit ,ntitlement 27.24

Net Current Tax %

Deferred Tax (Net) 7.47

Tax %d.ustments for ,arlier /ears 8.70

16.17

*+!)" )!+ "/& +

E#+((9 &+ &" /#+&

($ae value Rs0 12 per share) (Rupees)

Basi

Diluted

Changes in &nventories of $inished *oods3 'orin"rogress3 StoinTrade and -anufatured Components

L& : ,xeptional &tems

L& : Tax ,xpense


3/53

Horizonal Analysis Vertical

15 2014 Change Change% 2015

14041 - 0.00% 1.44%

53677089 27.48 2.21% 31.12%

1,330.70 538:8066 27.48 2.11% 32.56%

538;60:7 75.04 5.51% 35.16%

56601< 5.85 4.77% 3.14%

75049 24.29 58.01% 1.62%

;0:; 1.81 29.87% 0.19%

1,63.55 5318601; 106.99 6.98% 40.11%

76054 190.95 452.70% 5.70%

56


4/53

31" #+/, 2015

Rupees rores Horizonal Analysis Vertical

2015 2014 Change Change% 2015

2,568.4 636


5/53

Analysis

2014

1.65%No change

34.89%No signifcan change




1.17%!hange no im"ac#$



1.18%&' has increase man*#os +hich means he com"an* is no+ es

3.63% roa* eca$se com"an* rea/e is erms o# crei

14.68%

0.99%No signifcan !hange

20.49%

100.00%

44.01% nesmen #or ong erm groh

0.05%

25.47% os ! #rom as *ear is no+ rea*, an "ar o#

3.05%

7.48%

0.03%

80.10%

9.50% !om"an* has so ao$ 25% o# is c$rren n

2.87% nenor* has increase, eaing o esser $rnoer an $ick raio

1.56%

0.99%

3.07%

1.91%

19.90%

100.00%


6/53

Analysis

2014

1.091733

11.28%

97.89%

2.11%

100.00%

17.21%

8.89%

0.13%

5.85%

51.43%

83.52% 'oa /"enses hae ecrease sigh*

16.48%

3.67%

6.43%

6.37% ' has increase as a %age o# oa reen$e

0.88%

5.49%

1.15%

-0.50%

0.65%

0.44%

-0.03%

1.06%

4.43%

4


7/53

i$i


8/53


9/53



(a) Share Capital

(b) Reserves and Surplus


(a) Long Term Borrowings

(b) Deferred Tax Liabilities (Net)

() !ther Long Term Liabilities

(d) Long Term "rovisions


(a) Short Term Borrowings

(b) Trade "a#ables

() !ther Current Liabilities

(d) Short Term "rovisions

T!"#$

ASSETS


(a) $ixed %ssets

Tangible %ssets

&ntangible %ssets

Capital 'orin"rogress

(b) Non Current &nvestments

() Long Term Loans and %dvanes

(d) !ther Non Current %ssets

CURRENT ASSETS :

(a) Current &nvestments

(b) &nventories

() Trade Reeivables

(d) Cash and Ban Balanes

(e) Short Term Loans and %dvanes

(f) !ther Current %ssets

T!"#$


10/53

S"#"&'&(" !) *+!)" #(- L! )!+ "/& &


Less + ,xise Dut#

R&&(& )+!' O&+#"!( N&"

!ther &nome

T!"#$ R&&(&

E&(& :




!ther ,xpenses

T!"#$ E&(&

*BIDT

$inane Costs



"rofit Before Tax

Current Tax

Less + -%T Credit ,ntitlement

Net Current Tax

Deferred Tax (Net)

Tax %d.ustments for ,arlier /ears

&mplied Tax rate

*+!)" )!+ "/& +

E#+((9 &+ &" /#+&

($ae value Rs0 12 per share) (Rupees)

Basi

Diluted

Changes in &nventories of $inished *oods3 'orin"rogress3 StoinTrade and-anufatured Components


L& : Tax ,xpense


11/53

C!*S=(R->"?$>,C>!-,>Dep)

*ross "rofit (*") =( NSC!*S)

I. L-" R#"!

50 Current Ratio =C%2CL

60 @ui Ratio = (C%&nventories)2CL

80 Cash Ratio =(Cash ? BB > Current investments)2CL

II. L&&+#9& R#"!

50 Debt,Auit# Ratio =Nonurrent liab2Shareholders funds

60 DebtTotal assets ratio = Nonurrent liab2Total assets

80%ssets,Auit# Ratio =Total %ssets2Shareholders funds

70&nterest Coverage Ratio = "B&T2$inane ost

III. T+(!&+ R#"!

50 &nventor# Turnover Ratio = C!*S2&nventor#

60Debtors Turnover Ratio = Net Revenue from operations2Debtors

80 %verage Colletion "eriod =8;12DTR

70 $ixed %ssets Turnover Ratio =Ne Revenue from operations2Nonurrent assets

10 Total %ssets Turnover Ratio=Net Revenue from operations2Total %ssets

C!*S=(R->"?$>Ch0 &nv>:01,C>:01!-,)

I;. *+!)"#


12/53

50"B&T2Net Rev from !pe (impat of profitable operations)

60"BT2"B&T (&mpat of finane ost)

80 Net profit available to shareholders2"BT (&mpat of tax)

70T%TR (&mpat of effiien# in using assets)

10T%2S$ (&mpat of borrowing)

R&"+( !) E" @ *+!-" !) "/& #

"rie at the end of $inanial #ear

Capital gain =("rie at the end of $/"rie at the beginning of $/)2"rie at the beg

Dividend per share

Dividend #ield =Dividend per share during $/2"rie at the beginning of $/

T!"#$ +&"+(

60 "rie,arnings Ratio = -aret prie per share (end) 2Diluted ,arnings per share

80 "rieBoo alue Ratio = -aret prie per share (end)2Boo value per share

Boo value per share

;I. A#$"'#( %S!+& @ 1.2NCTA1.4 RETA3.3 EBITTA0.6;EB;D1.

2.675 H$"/ G @ 1.81 "! 2.675 ?+& A+ (-&+ #(G 2.675 O( "/& =# "!N'C2T% = (Current %ssetsCurrent Liab)2T%

Retained ,arnings 2T% =(Net profit available to shareholderseAuit# dividend)2T%

"B&T2T%

-,2BD =-aret value of eAuit#2Boo value of total debt

NS2T% =Net revenue from operations2T%

S!+&

S''#+: T/& D*!(" A(#$ /!= "/#" ROE 7.18. I"


13/53

2015 2014

58.85 14041 11.77 23.54

1,271.85 53677089 27.48

1,330.70 538:8066

1,437.08 538;60:7

128.44 56601<

66.16 75049

7.87 ;0:;

1,63.55 5318601;

233.13 76054

218.33 56


14/53

+ &(-&- 31" #+/, 2015

Rupees rores

2015 2014

2,568.4 636


15/53

#+%15

638:90:; 63:1;0;:

53695088 535160


16/53

:0:< :0:<

:011 :0;:

:04; :045

:01; :014

80:9 6097

7.18 7.14

5510< 5:606

81404 555071

6:&" &&"(9 "/& !'#( "! &+)!+'/& &&"&- ()+#"+"+&

ns that the com$any is ina lot in gro#th #hich has


17/53


18/53

i* shares 117,670,066


19/53


20/53


21/53

*alance Sheet As on +1st ,arch 2015










CURRENT LIABILITIES :(a) Short Term Borrowings 233.13




T!"#$

ASSETS

NON CURRENT ASSETS :(a) $ixed %ssets







CURRENT ASSETS :








22/53

T!"#$

S"#"&'&(" !) *+!)" #(- L! )!+ "/&


Less + ,xise Dut#

R&&(& )+!' O&+#"!( N&"!ther &nome

T!"#$ R&&(&

E&(& :




!ther ,xpenses

T!"#$ E&(&

*BIDT

$inane Costs



"rofit Before Tax

Current Tax 27.24


Net Current Tax %



16.17

Changes in &nventories of $inished *oods3 'orin"rogress3StoinTrade and -anufatured Components


L& : Tax ,xpense


23/53

*+!)" )!+ "/& +

Dividend "aid

un(s lo# Statement: .otal un(s *asis

Sources

nc in share ca"ia -nc in es &$r"$s 27.48

nc in :' 75.04

nc in ;e< a/ ia 5.85

nc in oher :' iaiiies 24.29

nc in :' "roisions 1.81

nc in rae a*aes 88.90

nc in &' orro+ings 190.95

nc in &' roisions 4.06

nc in oher c$rren ia 102.37

;ec in inangie asses 0.38;ec in ! 546.90

;ec in :' : 63.23

;ec in oher non-! 1.21

;ec in c$rren inesmens 84.93

;ec in cash 19.92

.otal 1"2+!+2

S: /C *asis

Sources o) /C

nc in share ca" -nc in & 27.48

nc in :' orro+ings 75.04





;ec in inangie asses 0.38

;ec in :' oans aances 63.23


;ec in !$rren inesmens 84.93;ec in ! 546.90

.otal Sources o) /C 1"0220!

Change in /C 42!3

Changes in /C com$onents

!hange in inenor* 121.04

!hange in eors 14.97


24/53

!hange in ! (19.92)

!hange in oans 25.87

!hange in oher c$rren asses 4.10

Change in CA 140

Change in /C 42!3

S: Cash *asis

Sourcesnc in share ca"ia 0

nc in es &$r"$s 27.48

nc in :' 75.04




nc in rae a*aes 88.9


nc in &' roisions 4.06

nc in oher c$rren ia 102.37;ec in inangie asses 0.38

;ec in ! 546.9

;ec in :' : 63.23


;ec in c$rren inesmens 84.93

.otal 121!4

Change in Cash ** 123

Classi6e( Cash7o# Statements

CS: 8$eratonsN - oher income 67.40

= neres 90.74

= ;e" 111.90

8Cs &e)ore changes in /C com$onents 2!004

:ess= nc in inenor* 121.04

:ess= nc in eors 14.97

:ess=nc in :oans 25.87

:ess= nc in oher ! 4.10

= nc in oher !: 102.37

= nc in rae "a*aes 88.90= nc in &' "roisions 4.06

8C 2+

CS: inancing

nc in share ca"ia -

nc in :' orro+ings 75.04


nc in e# a/ ia 5.85


25/53

;iiens (27.36)

neres (90.74)

nc in oher ia 24.29


'oa 179.84

>her income 28.20

!hange in ! 20.84

9easons )or mis-match

N-;i 68.24

i; im Actual 9< Change in C** -12


26/53

2015 2014 Change ?@?8

14041 % F

53677089 27.48 O

1,330.70 538:8066 27.48

538;60:7 75.04 F

56601< 5.85 F

75049 24.2 F

;0:; 1.81 F

1,63.55 5318601; 106.

76054 10.5 F

56


27/53

4,087.21 831;;07; 520.75

+ &(-&- 31" #+/, 2015

Rupees rores

2015 2014 !hange

2,568.4 636


28/53

5.60


29/53

'oa !hange in !: 195.33

& 3

sesnc in &' : 25.87

nc in angie asse 1011.34

nc in non-c$rren in 60

nc in nenor* 121.04

nc in rae receiaes 14.97

nc in oher c$rren asses 4.1

.otal 12+!+2

& 1

CS: @n'estingnc in ? (1,122.86)

;ec in ! 546.90

nc in N! inesmens (60.00)


;ec :' oans an aances 63.23

;ec in !$rren n 84.93

.otal 4B53


30/53

& 7

'>': 19

/"

>er saemen o# >!


31/53

Source?se

S

S

S

S

S

S

S

S

S

U

S

S

U

S

S

S

U

U

S

U

U


32/53

& 5


33/53


34/53


35/53


36/53

20










CURRENT LIABILITIES :(a) Short Term Borrowings 233.13




T!"#$

ASSETS

NON CURRENT ASSETS :(a) $ixed %ssets







CURRENT ASSETS :








37/53

T!"#$

E& F(- 18.15553

S"#"&'&(" !) *+!)" #(- L! )!+ "/& + &(-&- 31"


Less + ,xise Dut#

R&&(& )+!' O&+#"!( N&"

!ther &nome

T!"#$ R&&(&

E&(& :




!ther ,xpensesT!"#$ E&(&

*BIDT

$inane Costs



"rofit Before Tax

Current Tax 27.24


Net Current Tax %



Net Tax 16.17

*+!)" )!+ "/& +

Changes in &nventories of $inished *oods3 'orin"rogress3 StoinTrade and -anufatured Components


L& : Tax ,xpense


38/53

Dividend "aid

Dividend "a#out Ratio

Retained ,arnings


39/53

% o# Ne >"e een$e

15 2014 2015 6:57 A'g

14041 2.55% 2.86% 2.71% 53677089 55.13% 60.51% 57.82%

1,330.70 538:8066

538;60:7 62.29% 66.23% 64.26%

56601< 5.57% 5.96% 5.76%

75049 2.87% 2.04% 2.45%

;0:; 0.34% 0.29% 0.32%

1,63.55 5318601;

76054 10.11% 2.05% 6.08%

56


40/53

4,087.21 831;;07;

#+/, 2015

Rupees rores % o# Ne >"e een$e

2015 2014 2015 6:57 A'g

2,568.4 636


41/53

27.36 870::

0.2 0.37 0.3259

27.48


42/53

Assum$n 201 Change

No !hange 58.85 - 'aken #rom : 1,316.18 3.49%

1375.03 3.33%

No !hange 1437.08 0.00%

146.28 13.89%

62.22 -5.95%

No change 7.87 0.00%

- 1,653.45 0.85%

-

-No !hange 233.13 0.00%

199.94 -8.42%

667.43 6.61%

43.53 10.35%

- 1,144.03 2.42%

-

- 4172.5061204 2.09%

-

-

--

2,387.91 -7.48%

2.08 31.54%

759.24 110.05%

-

No !hange 168.81 0.00%

276.63 35.86%

0.75

- 3,595.42 8.41%

-

No !hange 253.99 0.00%

186.11 -16.72%

73.02 3.60%

30.13 97.08%

142.01 4.91%

81.74 13.19%

767.00 -0.49%


43/53

4362.42246518 6.73%

Assum$n 201 Change

2,537.77 10.00% 42.82 51.86%

2,580.59 10.51%

-

-

442.40 10.96%

241.17 5.37%

-21.72 -48.90%

156.22 6.92%

1,341.19 9.36%

2,159.26 10.30%

-

421.33 11.56%

No change 90.74 0.00%

144.94 29.53%

-

185.65 6.07%

ss$me @ero - -100.00%

185.65 66.10%

-

g m"ie 'a/ +14+

154.22 61.32%

?ro+h rae o# 10%as "er rens


44/53

50.26

g ;i a*o$ r 32.59%

44.33

& 3.5

c$a reain earningsas a "orion o# '


45/53



(a) Share Capital

(b) Reserves and Surplus


(a) Long Term Borrowings

(b) Deferred Tax Liabilities (Net)

() !ther Long Term Liabilities

(d) Long Term "rovisions


(a) Short Term Borrowings

(b) Trade "a#ables

() !ther Current Liabilities

(d) Short Term "rovisions

T!"#$

ASSETS


(a) $ixed %ssets

Tangible %ssets

&ntangible %ssets

Capital 'orin"rogress

(b) Non Current &nvestments

() Long Term Loans and %dvanes

(d) !ther Non Current %ssets

CURRENT ASSETS :

(a) Current &nvestments

(b) &nventories

() Trade Reeivables

(d) Cash and Ban Balanes

(e) Short Term Loans and %dvanes

(f) !ther Current %ssets

T!"#$


46/53

S"#"&'&(" !) *+!)" #(- L! )!+ "/


Less + ,xise Dut#

R&&(& )+!' O&+#"!( N&"

!ther &nome

T!"#$ R&&(&

E&(& :




!ther ,xpenses

T!"#$ E&(&

*BIDT

$inane Costs



"rofit Before Tax

Current Tax

Less + -%T Credit ,ntitlement Net Current Tax

Deferred Tax (Net)

Tax %d.ustments for ,arlier /ears

&mplied Tax rate

*+!)" )!+ "/& +

Dividend "aid

!>?&

/oring Ca$ital Dolicy

Changes in &nventories of $inished *oods3 'orin"rogress3 StoinTrade and-anufatured Components


L& : Tax ,xpense


47/53

a3 Ee'el o) Current Assets

'!AN&

N!AN&

'!A'

N!A'

&3 Current Asset inancing

&'A'!

&'AN!

Cash Con'ersion Cycle CCC3

nenor* '$rnoer aio(') B!>?&Anenor*

;a*s nenor* >$saning (;>)B365A'

;eorsC '$rnoer aio(;') BN&A;eors

;a*s &aes >$saning (;&>) B ;eorsAN& "er a* B 365A;'

a*aesCC $rnoer raio (') B!>?&Aa*aes

;a*s a*ae >$saning (;>) B365A'

CCCF@8GS8-D8

Cash /C

Current assets

>her !s

'!

'!:N!B'!-'!:

C/CF/C-e$-e&torsD,

;i


48/53

2015 2014

58.85 14041

1,271.85 53677089

1,330.70 538:8066

1,437.08 538;60:7

128.44 56601<

66.16 75049

7.87 ;0:;

1,63.55 5318601;

233.13 76054

218.33 56


49/53

+ &(-&- 31" #+/, 2015

Rupees rores

2015 2014

2,568.4 636


50/53

0.22 0.18

-0.16 -0.15

0.13 0.10

-0.09 -0.09

0.45 0.11

-0.64 -0.13

5.69 11.26

64.16 32.43

32.73 37.04

11.15 9.85

5.82 8.91

62.68 40.98

1+! B+2

A(>ustmen

2015

223.47 102.43 223.47

70.49 55.52 57.58

15.29 35.21 15.29

135.37 109.50 135.37

72.21 68.11 72.21

51B+ +!0!! 50+2

BB+B+ BB50-379.91 -327.54 (379.91) cn+c

-44!+ -4522

114.82 137.68

111.90 135.17

2.89 2.46

&


51/53


52/53


53/53

s ? 0.45 0.44

2014 &aes 0.27 0.26

102.43

45.71

35.21

109.50

68.11

+0

7

Documents

8102 (JK Lakshmi Cement)