Atul Ltd 2015-16

Atul Ltd | Annual Report 2015-16 ( ` cr) Particulars 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 Operating results Net sales 2,407 2,510 2,307 1,964 1,746 1,508 1,168 1,159 998 895 817 682 568 Revenue 2,505 2,571 2,405 2,022 1,792 1,553 1,204 1,196 1,033 925 837 710 604 PBIDT 478 391 362 268 203 194 143 124 97 85 78 68 56 Interest 26 24 31 32 43 26 26 41 33 28 29 22 22 PBDT 1 452 367 331 236 160 168 117 83 64 57 49 46 34 Depreciation 62 55 54 49 44 39 37 32 29 31 29 27 27 PBT from operations 1 390 312 277 187 116 129 80 51 35 26 20 19 7 Exceptional | Non- recurring items 3 – 20 2 5 6 10 – (5) 3 – 63 – – PBT 393 312 297 192 122 139 80 46 38 26 83 19 7 Tax 125 95 84 56 34 43 27 10 3 1 (1) 3 5 Net profit 268 217 213 136 88 96 53 36 35 25 84 16 2 Dividend (including DDT) 3 36 30 26 21 16 16 14 10 10 10 10 7 5 Financial position Gross block 4 1,698 1,345 1,285 1,202 1,100 1,002 986 967 936 771 730 685 666 Net block 4 883 578 573 526 474 420 424 443 433 295 273 249 276 Other assets (net) 671 719 719 585 550 474 355 384 428 374 349 312 310 Capital employed 1,554 1,297 1,292 1,111 1,024 894 779 827 861 669 622 561 586 Equity share capital 30 30 30 30 30 30 30 30 30 30 30 30 30 Reserves and surplus 1,221 986 911 726 612 537 454 429 403 270 243 170 256 Shareholders' fund 1,251 1,016 941 756 642 567 484 459 433 300 273 200 286 Borrowings 303 281 351 355 382 327 295 368 428 369 349 361 300 Per Equity share ( ` ) Dividend 10.00 8.50 7.50 6.00 4.50 4.50 4.00 3.00 3.00 3.00 3.00 2.00 1.50 Book value 422 343 317 255 216 191 163 155 146 101 92 67 96 Earning 90.37 73.30 71.74 45.69 29.70 30.34 19.15 12.77 12.35 9.98 28.00 6.07 0.67 Key indicators PBIDT % 19.86 15.58 15.69 13.65 11.63 12.86 12.24 10.70 9.72 9.50 9.55 9.97 9.86 PBDT % 18.78 14.62 14.35 12.02 9.16 11.14 10.02 7.16 6.41 6.37 6.00 6.74 5.99 PBT % 16.20 12.43 12.01 9.52 6.64 8.55 6.85 4.40 3.51 2.91 2.45 2.79 1.23 Employee cost % 7.15 6.14 6.07 6.52 6.70 6.76 8.82 7.85 8.12 8.04 10.40 9.97 13.56 Interest cost % 1.08 0.96 1.34 1.63 2.46 1.72 2.23 3.54 3.31 3.13 3.55 3.23 3.87 Debt-Equity ratio 0.24 0.28 0.37 0.47 0.60 0.58 0.61 0.80 0.99 1.23 1.28 1.81 1.05 Interest coverage ratio 18.38 16.29 11.68 8.38 4.72 7.46 5.50 3.02 2.94 3.04 2.69 3.09 2.55 Asset turnover ratio 5 1.58 2.02 1.87 1.70 1.67 1.55 1.20 1.22 1.14 1.25 1.19 1.02 0.87 RoCE % 1 30.95 26.76 26.04 21.04 16.93 18.46 13.09 11.19 9.42 8.81 8.41 6.98 4.88 RoNW % 1 23.38 22.18 23.45 18.74 13.56 16.37 11.24 8.95 8.80 8.73 8.56 6.58 0.70 Payment to the exchequer 329 305 267 212 191 167 99 101 98 99 82 70 56 Notes: 1 Excluding exceptional items | 2 Relates to one-time dividend received, grouped as revenue but excluded from PBIDT above | 3 Dividend distribution tax | 4 Including capital work-in-progress | 5 Excluding capital work-in-progress. Figures for the year prior to 2010-11 are as per old Schedule VI of the Companies Act, 1956. Performance trend