Note 29.17 Dividend on equity shares (` cr) Particulars As at March 31, 2025 As at March 31, 2024 Dividend on equity shares declared and paid during the year Final dividend of ` 20.00 per share for the year 2023-24 (2022-23: ` 25.00) 58.88 73.78 58.88 73.78 Proposed dividend on equity shares not recognised as liability Final dividend of ` 25.00 per share for the year 2024-25 (2023-24: ` 20.00) 73.60 58.88 73.60 58.88 Note: Proposed dividend on equity shares is subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting and not recognised as liability as at the Balance Sheet date. Note 29.18 Buy-back of shares The Board of Directors in its meeting held on November 07, 2023, had approved a proposal to buy-back fully paid-up equity shares of face value of ` 10 each of the Company. The buy-back of equity shares through the open market stock exchange route commenced on November 21, 2023, and it was completed on January 01, 2024. The Company bought back and extinguished 72,000 equity shares at an average buy-back price of ` 6,934.70 per equity share, constituting 0.24% of the pre-buy-back paid-up equity share capital of the Company. The buy-back resulted in a cash outflow of ` 49.93 cr (excluding tax on buy-back and transaction costs). The Company purchased the said shares out of its free reserves and created capital redemption reserve of ` 0.07 cr equal to the nominal value of the shares bought back as an appropriation from the free reserves in accordance with Section 69 of the Companies Act, 2013. Note 29.19 Ratios No. Ratio UoM Formula (Refer below table for numerator and denominator details) As at March 31, 2025 As at March 31, 2024 Variance % Reason for variance 01. Current ratio Times A ÷ B 2.24 2.15 4.01% Below threshold of 25% 02. Debt-equity ratio Times I ÷ H 0.00 0.00 0.00% Below threshold of 25% 03. Debt service coverage ratio Times Q ÷ (J + M) 47.02 44.72 5.14% Below threshold of 25% 04. Return on equity ratio % P ÷ average of H 9% 7.95% 8.05% Below threshold of 25% 05. Inventory turnover ratio Times L ÷ average of D 8.21 7.10 15.57% Below threshold of 25% 06. Trade receivables turnover ratio Times L ÷ average of E 5.33 4.94 8.04% Below threshold of 25% 07. Trade payables turnover ratio Times (R + S) ÷ average of G 6.93 6.35 9.28% Below threshold of 25% 08. Net working capital turnover ratio Times L ÷ average of C 5.40 4.29 25.81% Increase in sales 09. Net profit ratio % P ÷ L 9.12% 8.94% 2.01% Below threshold of 25% 10. Return on capital employed % (M + O) ÷ average of K 13.73% 12.52% 9.72% Below threshold of 25% 11. Return on investment % (M + O) ÷ average of F 10.03% 8.95% 12.06% Below threshold of 25% 221 221 Corporate overview Performance overview ESG overview Statutory Reports Financial Statements
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