Eicher Motor (G16)

7/26/2019 Eicher Motor (G16)

1/14

Year End Mar-2015 Mar-2014 Mar-2013

Share Capital 27.1 27.04 27

Share warrants & Outstandings 0 0 0

Reserve 1206.56 794.3 602.05

Sharehlder!s "unds 1233.66 821.34 629.05

Se#ured $ans 0 0 0

%nse#ured $ans 18.34 14.26 12.49

tal 'e(ts 18.34 14.26 12.49tal $ia(ilities 1252 835.6 641.54

)et*+l#, 638.85 414.89 227.17

$ess .##u/ulated 'epre#iatin 138.27 115.64 89.47

$ess /pair/ent .ssets 0 0 0

$ease .dust/ent .# 0 0 0

Capital r, in rgress 59.34 13.92 56.11

re-perative E6penses pending 0 0 4.22

.ssets in transit 0 0 0

nvest/ents 1335.25 946.16 716.87Current .ssets7 $ans & .dvan#es

nventries 205.13 143.84 75.41

Sundr8 'e(trs 9'e(trs: 10.7 12.13 6.2

Cash and +an, 43.05 18.71 3.5

Other Current .ssets 6.3 2.76 3.02

$ans and .dvan#es 68.54 46.41 21.21

tal Current .ssets 333.72 223.85 109.34

$ess Current $ia(ilities and rvisins

Current $ia(ilities 786.8 536.91 314.32

rvisins 170.02 98.04 62.12

tal Current $ia(ilities 956.82 634.95 376.44

)et Current .ssets -623.1 -411.1 -267.1

Mis#ellaneus E6penses nt written 0 0 0

'eerred a6 .ssets $ia(ilities -20.07 -12.63 -6.26

tal .ssets 1252 835.6 641.54

Cntingent $ia(ilities 70.82 74.55 79.99


2/14

Mar-2012 Mar-2011 Mar-2010 Mar-200; Mar-200< Mar-200= Mar-200>

)R 9in Cr?:

26.99 26.94 12.66 28.09 28.09 28.09 28.09

0 0 14.03 0 0 0 0

513.05 429.73 375.81 452.8 430.24 385.28 416.92

540.04 456.67 402.5 480.89 458.33 413.37 445.01

0 14.36 8.75 3.37 143.23 120.98 87.63

11.4 3.11 3.65 4.68 59.51 79.34 89.93

11.4 17.47 12.4 8.05 202.74 200.32 177.56551.44 474.14 414.9 488.94 661.07 613.69 622.57

211.07 159.27 145.93 135.73 581.52 531.45 500.39

98.77 87.52 82.16 73.86 276.57 237.7 205.17

0 0 0 0 0 0 0

0 0 0 0 0 0 0

3.45 3.06 1.7 1.95 19.33 8.5 7.25

0.76 0 0 0 0 0 0

0 0 0 0 0 0 0

558.58 463.98 299.55 11.68 286.77 272.13 268.9

45.27 28.23 22.03 19.37 210.38 168.91 161.23

4.1 3.64 5.19 5.08 141.32 189.38 117.6

2.98 11.1 114 471.88 48.98 47.73 26.1

42.39 0.33 6.02 11.02 7.13 7.12 7.7

12.55 52.81 38.71 17.2 105.55 199.97 171.81

107.29 96.11 185.95 524.55 513.36 613.11 484.44

179.05 117.45 103.67 82.11 370.16 408.96 290.23

47.97 41.08 30.84 26.78 53.5 125.35 101.41

227.02 158.53 134.51 108.89 423.66 534.31 391.64

-119.73 -62.42 51.44 415.66 89.7 78.8 92.8

0 0 0 0 0 0.63 2.09

-3.92 -2.23 -1.56 -2.22 -39.68 -40.12 -43.69

551.44 474.14 414.9 488.94 661.07 613.69 622.57

84.93 80.62 78.34 125.27 133.6 133.46 80.54


3/14

Year End Mar-2015 Mar-2014 Mar-2013

@rss Sales 3320.23 1917.76 1179.3

$ess E6#ise 289.01 215.29 130.04

)et Sales9Operating n#/e: 3031.22 1702.47 1049.26

EAE)'%RE

n#rease'e#rease in St#, -36.92 -27.9 -17.85

Raw Materials Cnsu/ed 1850.81 1091.79 697.38

wer & "uel Cst 23.23 17.68 11.01

E/pl8ee Cst 160.9 110.9 78.86

Other Manua#turing E6penses 84.69 53.49 35.2

@eneral and .d/inistratin E6penses 60.28 43.66 33.76

Selling and 'istri(utin E6penses 117.59 78.6 48.99

Mis#ellaneus E6penses 37.63 20.56 16.48

$ess re-perative E6penses Capitalised 0 0 0

tal E6penditure 2298.21 1388.78 903.83

+' 9E6#l O: 733.01 313.69 145.43

Other n#/e 116.85 80.14 45.78

Operating rit 849.86 393.83 191.21

nterest 1.67 0.27 0.26+' 848.19 393.56 190.95

'epre#iatin 50.16 30.41 17.15

rit +ere a6atin & E6#eptinal te/s 798.03 363.15 173.8

E6#eptinal n#/e E6penses 0 0 0

rit +ere a6 798.03 363.15 173.8

rvisin r a6 239.11 84.53 29.04

. 558.92 278.62 144.76

.pprpriatins 1177.46 734.38 526.38

'ividend9B: 500 300 200

ES 206.24 103.04 53.61

+, alue 455.23 303.75 232.98


4/14


)R 9in Cr?:

742.83 484.38 407.99 771.78 2512.41 2223.26 1858.45

71.38 45.91 32.9 84.32 310.02 270.76 213.56

671.45 438.47 375.09 687.46 2202.39 1952.5 1644.89

-13.11 -1.93 -2.55 12.32 -38.13 3.72 -33.72

459.84 292.91 238.54 504.57 1656.05 1429.88 1266.28

6.47 5.48 5.03 5.48 15.88 14.86 13.19

51.04 37.85 31.1 47.68 126.74 101.43 92.29

23.08 15.56 13.9 20.23 57.34 50.12 44.48

21.54 15.23 13.15 19.81 34.01 33.72 37.39

32.07 24.6 31.95 52.63 204.11 174.51 137.83

10.67 8.34 20.22 22.96 46.98 38.43 29.81

0 0 0 0 0 0 0

591.6 398.04 351.34 685.68 2102.98 1846.67 1587.55

79.85 40.43 23.75 1.78 99.41 105.83 57.34

77.02 59.54 33.4 31.55 47.04 36.46 38.93

156.87 99.97 57.15 33.33 146.45 142.29 96.27

2.02 2.57 0.42 3.59 17.77 13.83 16.51

154.85 97.4 56.73 29.74 128.68 128.46 79.76

13.02 10.79 10.1 15.2 43.07 40.53 46.82

141.83 86.61 46.63 14.54 85.61 87.93 32.94

0 0 0 20.42 0 0 166.66

141.83 86.61 46.63 34.96 85.61 87.93 199.6

17.28 11.17 9.1 -4.04 22.56 26.67 -17.28

124.55 75.44 37.53 39 63.05 61.26 216.88

437.66 350.68 298.8 376.84 360.59 396.57 368.79

160 110 70 50 50 290 40

46.15 28 29.64 13.88 22.45 21.81 77.21

200.09 169.51 306.85 171.2 163.16 146.93 157.68


5/14

Year End Mar-2015 Mar-2014 Mar-2013Horizontal Analysis

Revenue @rwth 78.05% 62.25% 56.27%

E+'. grwth 133.67% 115.70% 82.13%

Operating prit grwth 22.53% 16.64% 12.23%

. grwth 100.60% 92.47% 16.23%

Common size

Raw Materials Cnsu/ed 80.53% 78.62% 77.16%

wer & "uel Cst 1.01% 1.27% 1.22%

E/pl8ee Cst 7.00% 7.99% 8.73%

Operating E6penses 3.69% 3.85% 3.89%

@eneral and .d/inistratin E6penses 2.62% 3.14% 3.74%

Selling and Mar,eting E6penses 5.12% 5.66% 5.42%

Mis#ellaneus E6penses 1.64% 1.48% 1.82%

"i6ed assets as a per#entage ttal asset 44.72% 37.48% 30.21%

Sundr8 'e(trs 9'e(trs: 0.85% 1.45% 0.97%

Cash and +an, 3.44% 2.24% 0.55%

Other Current .ssets 0.50% 0.33% 0.47%$ans and .dvan#es 5.47% 5.55% 3.31%

Profitability Ratios

E+. Margin 24.18% 18.43% 13.86%

Operating prit /argin 22.53% 16.64% 12.23%

)et prit /argin 18.44% 16.37% 13.80%

RO. 44.64% 33.34% 22.56%

ROE 45.31% 33.92% 23.01%

ROCE 54.54% 33.90% 20.00%

ffi!ien!y Ratios

"i6ed assets turnver 605.54%

tal .ssets turnver 242.11% 203.74% 163.55%

nventr8 turnver 1477.71% 1183.59% 1391.41%

.R turnver 28329.16% 14035.20% 16923.55%

"or#in$ !a%ital mana$ement


6/14

Current rati 34.88% 35.25% 29.05%

)n Cash Current rati 30.38% 32.31% 28.12%

Dui#, rati 13.44% 12.60% 9.01%

'a8s sales utstanding 128.84% 260.06% 215.68%

nventr8 da8s 2470.04% 3083.85% 2623.24%

a8a(le da8s 9474.14% 11511.05% 10934.07%

Cash #versin #8#le -6875.25% -8167.14% -8095.15%

r,ing #apital t sales -20.56% -24.15% -25.46%

&ol'en!y

'e(t euit8 0.015 0.017 0.020

'e(t t ttal #apital 0.015 0.017 0.019

nterest #verage 408.89 1049.19 493.38

(ar#et %osition

E rati 81.73 146.58 92.83

+, value 443 779 664

'ividend rate 500 300 200

)*P+,-

rit /argin 18.44% 16.37% 13.80%

.sset turnver 242.11% 203.74% 163.55%

Euit8 /ultiplier 101.49% 101.74% 101.99%

-ren analysisOperating n#/e 184.28% 103.50% 63.79%

. 258% 128.47% 66.75%

E/pl8ee Cst 174.34% 120.16% 85.45%

Operating E6penses

@eneral and .d/inistratin E6penses 161.22% 116.77% 90.29%

Selling and Mar,eting E6penses 85.32% 57.03% 35.54%

Mis#ellaneus E6penses 126.23% 68.97% 55.28%

CA/R

Revenue 7.03%

rit 11.09%


7/14


8/14


53.13% 16.90% -45.44% -68.79% 12.80% 18.70%

97.50% 70.23% 1234.27% -98.21% -6.07% 84.57%

9.95% 6.76% 3.64% -1.95% 2.56% 3.34%

65.10% 101.01% -3.77% -38.14% 2.92% -71.75%

77.73% 73.59% 67.89% 73.59% 78.75% 77.43% 79.76%

1.09% 1.38% 1.43% 0.80% 0.76% 0.80% 0.83%

8.63% 9.51% 8.85% 6.95% 6.03% 5.49% 5.81%

3.90% 3.91% 3.96% 2.95% 2.73% 2.71% 2.80%

3.64% 3.83% 3.74% 2.89% 1.62% 1.83% 2.36%

5.42% 6.18% 9.09% 7.68% 9.71% 9.45% 8.68%

1.80% 2.10% 5.76% 3.35% 2.23% 2.08% 1.88%

20.99% 15.78% 15.78% 13.05% 49.05% 49.25% 48.58%

0.74% 0.77% 1.25% 1.04% 21.38% 30.86% 18.89%

0.54% 2.34% 27.48% 96.51% 7.41% 7.78% 4.19%

7.69% 0.07% 1.45% 2.25% 1.08% 1.16% 1.24%

2.28% 11.14% 9.33% 3.52% 15.97% 32.58% 27.60%

11.89% 9.22% 6.33% 0.26% 4.51% 5.42% 3.49%

9.95% 6.76% 3.64% -1.95% 2.56% 3.34% 0.64%

18.55% 17.21% 10.01% 5.67% 2.86% 3.14% 13.19%

22.59% 15.91% 9.05% 7.98% 9.54% 9.98% 34.84%

23.06% 16.52% 9.32% 8.11% 13.76% 14.82% 48.74%

12.12% 6.25% 3.29% -2.74% 8.52% 10.64% 1.69%

121.76% 92.48% 90.40% 140.60% 333.16% 318.16% 264.21%

1483.21% 1553.21% 1702.63% 3549.10% 1046.86% 1155.94% 1020.21%

16376.83% 12045.88% 7227.17% 13532.68% 1558.44% 1031.00% 1398.72%


9/14

47.26% 60.63% 138.24% 481.72% 121.17% 114.75% 123.70%

45.95% 53.62% 53.49% 48.37% 109.61% 105.81% 117.03%

27.32% 42.82% 121.86% 463.94% 71.51% 83.14% 82.53%

222.88% 303.01% 505.04% 269.72% 2342.08% 3540.27% 2609.54%

2460.88% 2349.98% 2143.74% 1028.43% 3486.61% 3157.60% 3577.68%

9733.15% 9777.01% 10088.13% 4359.55% 6134.63% 7645.09% 6440.18%

-7049.40% -7124.02% -7439.35% -3061.40% -305.94% -947.22% -252.97%

-17.83% -14.24% 13.71% 60.46% 4.07% 4.04% 5.64%

0.021 0.038 0.031 0.017 0.442 0.485 0.399

0.021 0.037 0.030 0.016 0.307 0.326 0.285

33.08 11.53 32.50 -3.74 3.17 4.72 0.64

62.90 52.71 41.57 47.21 10.47 18.69 4.72

548 454 403 319 241 197 252

160 110 70 50 50 290 40

18.55% 17.21% 10.01% 5.67% 2.86% 3.14% 13.19%

121.76% 92.48% 90.40% 140.60% 333.16% 318.16% 264.21%

102.11% 103.83% 103.08% 101.67% 144.23% 148.46% 139.90%

40.82% 26.66% 22.80% 41.79% 133.89% 118.70% 100.00%

57.43% 34.78% 17.30% 17.98% 29.07% 28.25% 100.00%

55.30% 41.01% 33.70% 51.66% 137.33% 109.90% 100.00%

57.61% 40.73% 35.17% 52.98% 90.96% 90.18% 100.00%

23.27% 17.85% 23.18% 38.18% 148.09% 126.61% 100.00%

35.79% 27.98% 67.83% 77.02% 157.60% 128.92% 100.00%


10/14


11/14

0

50

100

150

200

250

Earnings per share

Yr.

EPS

1858.4

INR in !r."

-100.00%

-50.00%

0.00%

50.00%

100.00%

150.00%Pro#$ a%$er $a& GR'()* in +"

Yr.

Percentage

Raw Materials C

#m$loee Cost

(eneral an )

Miscellaneous #


12/14

3320.23

1917.76

1179.3

742.83484.38407.99

771.78

2512.41223.26

Gross Sales

Yr.

79%1%

7%

4%3% 5% 2%

E&penses %or 2015

onsume Power ! "uel Cost

&$erating #'$enses

inistration #'$enses *elling an Mar+eting #'$enses

'$enses


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Documents

Eicher Motor (G16)