Automobiles Sector

8/13/2019 Automobiles Sector

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PUNJAB TRACTORS LIMITED

PARTICULARS

For the year ended March, 2005 March, 2004

(Rs. In lakh)

BALANCE SHEET:

SOURCES OF FUNDS:

S.1. Share capital

Equity share capital 6075.57 6075.57

Preference share capital 0.00 0.0

S.2. Reserves and surpluses 45166.48 42694.03

S.3. Share holders funds (S1+S2) 51242.05 48769.60

NET WORTH

S.4. Loan funds 3937.68 5993.82

S.5 Deferred tax liabilities 3195.77 3538.33

TOTAL SOURCES OF FUNDS (S3+S4+S5) 58375.50 58301.75

APPLICATION OF FUNDS:

A.1 Fixed assets (Gross) (GFA) 28729.87 28579.85

Goodwill 0.00 0.00

A.2 Fixed assets (Net) (NFA) 11328.64 12749.30

A.3 Investments 1084.92 1022.32

A.4 Current assets

Inventories 11194.10 8784.60

Sundry debtors 53814.29 52125.59

Cash and Bank balance 462.73 847.05

Loans and advances 1921.30 2077.17

Other current assets 0.00 0.00

Total current assets (C.A.) 67392.42 63834.41

Current liabilities and provisions

Current liabilites 16399.80 15116.14

Provisions 5030.68 4188.14

Total Current liabilities (C.L.) 21430.48 19304.28

Net current assets (C.A. - C.L.) (NCA) 45961.94 44530.13

A.5. Miscellaneous expenditures 0.00 0.00

A.6 Deferred Tax assets 0.00 0.00

TOTAL APPLICATION OF FUNDS = 58375.50 58301.75

CAPITAL EMPLOYED

(A.2.+ A.3+ A.4+A.5+A.6)

G.1. Total assets (NFA + INVESTMENTS +CA) 79805.98 77606.03

G.2 Long term funds (S3+S4) 55179.73 54763.42

G.3. Total tangible assets (NFA -Goodwill + Inv. + CA) 79805.98 77606.03


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PROFIT AND LOSS ACCOUNT :

INCOME :

i.1. Business revenue 85801.34 59734.03

i.2. Other revenue 499.06 595.91

i.3. Total income (i1+i2) 86300.40 60329.94

EXPENDITURES:e.1. Operating expenses 61518.78 39805.76

e.2. Administration, sales and other expenses 12892.57 12361.94

e.3. Selling and distribution expenses 0.00 0.00

e.4. Others 0.00 0.00

e.5. Total expenses (e1+e2+e3+e4) 74411.35 52167.70

p.1. PBDIT (i3-e5) 11889.05 8162.24

e.6 Depreciation 1595.13 1645.46

p.2. PBIT (p1-e6) 10293.92 6516.78

e.7. Interest 576.80 980.55

p.3. PBT (p2-e7) 9717.12 5536.23

e.8 Provision for taxation 3427.44 1608.48

p.4. PAT (p3-e8) 6289.68 3927.75e.9 Extra ordinary items 0.00 -0.52

p.5 NPAT AND EOI

(Net profit after tax and extra ordinary items) 6289.68 3927.23

p.6. Preference dividend 0.00 0.00

p.7. EAES (Earnings available for equity share holders) 6289.68 3927.23

g.4. Gross Profit (i1-e1) 24282.56 19928.27

RATIO ANALYSIS :

A. LIQUIDITY RATIO:

A.1. Current ratio (CA / CL) 3.14 3.31

A.2. Liquid ratio (CA-INVENTORIES = QA/CL) 2.62 2.85

A.3. Interval measure

Quick assets / Average daily operating 333.43 504.78

expenses

B. ACTIVITY RATIO:

B.1. Average collection period in days

Accounts receivables/ Average daily sales 228.93 318.51

B.2. Fixed assets turnover ratio

Sales / NFA 7.57 4.69

B.3. Total assets turnover ratio

Sales / TA 1.08 0.77

C. PROFITABILITY RATIO:

C.1 Gross profit ratio

Gross profit / Sales 28.30 33.36

C.2. Business net profit ratio

PAT / Sales 7.29 6.51

C.3. Profit on shareholders investments

EAES / Shareholders funds 12.27 8.05

C.4. Profit on capital employed


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PBIT - Tax / Capital employed 11.76 8.42

C.5. Return on net worth

EAES / Net worth 12.27 8.05

C.6. Cash profit ratio

PAT + Depreciation / Sales 9.14 9.24

D. LEVERAGES:D.1. Proprietory ratio 0.64 0.63

Net worth / Total assets

D.2. Fixed assets ratio 0.22 0.26

Depreciated value of fixed assets /NW

D.3 Current assets to proprietors funds 1.32 1.31

Current assets / Net worth

D.4. Total liabilites to proprietors funds 0.50 0.52

Long term and short term debts / NW

E. SOLVENCY RATIO:

E.1. Shareholders equity ratio

Shareholders equity / Total tangible assets 0.64 0.63E.2. Fixed assets to long term funds ratio

Fixed assets / Long term funds 0.21 0.23


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TATA MOTORS LIMITED

PARTICULARS

For the year ended March, 2005 March, 2004

(Rs. In lakh)

BALANCE SHEET:

SOURCES OF FUNDS:

S.1. Share capital

Equity share capital 36179 35683

Preference share capital 0 0

S.2. Reserves and surpluses 374960 323677

S.3. Share holders funds (S1+S2) 411139 359360

NET WORTH

S.4. Loan funds 249542 125977

S.5. Deferred tax liabilities 56528 51415

TOTAL SOURCES OF FUNDS (S3+S4+S5) 717209 536752


A.1 Fixed assets (Gross) (GFA) 715079 627149

Goodwill 0 0

A.2 Fixed assets (Net) (NFA) 369651 324780

A.3 Investments 291206 305677

A.4 Current assets

Inventories 160136 114744

Sundry debtors 81132 61499

Cash and Bank balance 200504 77049

Loans and advances 272235 116275

Interest accrued on investments 612 3

Total current assets (C.A.) 714619 369570


Current liabilites 547477 422430

Provisions 112606 43064

Total Current liabilities (C.L.) 660083 465494

Net current assets (C.A. - C.L.) (NCA) 54536 -95924

A.5. Miscellaneous expenditures 1816 2219

A.6 Deferred Tax assets 0 0

TOTAL APPLICATION OF FUNDS = 717209 536752

CAPITAL EMPLOYED

(A.2.+ A.3+ A.4+A.5+A.6)

G.1. Total assets (NFA + INVESTMENTS +CA) 1375476 1000027

G.2 Long term funds (S3+S4) 660681 485337

G.3. Total tangible assets (NFA -Goodwill + Inv. + CA) 1375476 1000027


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INCOME :

i.1. Business revenue 1741913 1322322

i.2. Other revenue 16609 5890

i.3. Total income (i1+i2) 1758522 1328212

EXPENDITURES:e.1. Operating expenses 1309805 960956

e.2. Administration, selling and other expenses 214999 173186

e.3. Product development expenses 6712 5164

e.4. Others 0 0

e.5. Total expenses (e1+e2+e3+e4) 1531516 1139306

p.1. PBDIT (i3-e5) 227006 188906

e.6 Depreciation 45016 38260

p.2. PBIT (p1-e6) 181990 150646

e.7. Interest 15415 16126

p.3. PBT (p2-e7) 166575 134520

e.8 Provision for taxation 41495 48200

p.4. PAT (p3-e8) 125080 86320e.9 Extra ordinary items 1385 5286

p.5 NPAT AND EOI 123695 81034

(Net profit after tax and extra ordinary items)

p.6. Preference dividend 0 0

p.7. EAES (Earnings available for equity share holders) 123695 81034

g.4. Gross Profit (i1-e1) 432108 361366

RATIO ANALYSIS :

A. LIQUIDITY RATIO:





expenses

B. ACTIVITY RATIO:




Sales / NFA 4.71 4.07

B.3. Total assets turnover ratio

Sales / TA 1.27 1.32





PAT / Sales 7.11 6.50


EAES / Shareholders funds 30.09 22.55



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PBIT - Tax / Capital employed 19.59 19.09


EAES / Net worth 30.09 22.55


PAT + Depreciation / Sales 9.67 9.38

D. LEVERAGES:D.1. Proprietory ratio 0.30 0.36








E. SOLVENCY RATIO:

E.1. Shareholders equity ratio

Shareholders equity / Total tangible assets 0.30 0.36E.2. Fixed assets to long term funds ratio



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LML LIMITED

PARTICULARS

For the year ended March, 2005 Sept., 2003

(18 MONTHS)

(Rs. In lakh)

BALANCE SHEET:

SOURCES OF FUNDS:

S.1. Share capital

Equity share capital 4894.10 4365.56

Preference share capital 11842.52 0.00

Share application money pending allotment 404.12 0.00

Warrants 133.11 0.00

S.2. Reserves and surpluses 6564.77 4487.60

S.3. Share holders funds (S1+S2) 23838.62 8853.16

NET WORTHS.4. Loan funds 21248.74 27760.17

TOTAL SOURCES OF FUNDS (S3+S4+S5) 45087.36 36613.33


A.1 Fixed assets (Gross) (GFA) 52760.07 52710.44

Goodwill 0.00 0.00

A.2 Fixed assets (Net) (NFA) 24025.73 26065.93

A.3 Investments 3.86 20.31

A.4 Current assets

Inventories 12018.51 16095.47

Sundry debtors 1405.62 2073.77

Cash and Bank balance 9980.56 4386.42

Loans and advances 4840.98 7427.88

Total current assets (C.A.) 28245.67 29983.54


Current liabilites 30596.86 30059.57

Provisions 818.22 915.94

Total Current liabilities (C.L.) 31415.08 30975.51

Net current assets (C.A. - C.L.) (NCA) -3169.41 -991.97

A.5. Miscellaneous expenditures 1067.95 2823.09

A.6 Profit and loss account Debit balance 15336.60 5705.58A.7 Deferred Tax Assets 7822.63 2990.39

TOTAL APPLICATION OF FUNDS = 45087.36 36613.33

CAPITAL EMPLOYED

(A.2.+ A.3+ A.4+A.5+A.6)

G.1. Total assets (NFA + INVESTMENTS +CA) 52275.26 56069.78

G.2 Long term funds (S3+S4) 45087.36 36613.33


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G.3. Total tangible assets (NFA -Goodwill + Inv. + CA) 52275.26 56069.78


INCOME :

i.1. Business revenue 59469.74 94625.38

i.2. Other revenue 3345.10 2359.36

i.3. Total income (i1+i2) 62814.84 96984.74

EXPENDITURES:

e.1. Operating expenses 47352.07 68182.51

e.2. Administration, sales and other expenses 25767.91 25426.36

e.3. Prior period adjustments 70.47 27.56

e.4. Exceptional items -1933.14 0.00

e.5. Total expenses (e1+e2+e3+e4) 71257.31 93636.43

p.1. PBDIT (i3-e5) -8442.47 3348.31

e.6 Depreciation 4057.40 4195.54

p.2. PBIT (p1-e6) -12499.87 -847.23

e.7. Interest 1963.39 5271.02

p.3. PBT (p2-e7) -14463.26 -6118.25e.8 Provision for taxation 4832.24 2250.12

p.4. PAT (p3-e8) -9631.02 -3868.13

e.9 Extra ordinary items 0.00 0.00

p.5 NPAT AND EOI

(Net profit after tax and extra ordinary items) -9631.02 -3868.13

p.6. Preference dividend 0.00 0.00

p.7. EAES (Earnings available for equity share holders) -9631.02 -3868.13

g.4. Gross Profit (i1-e1) 12117.67 26442.87

RATIO ANALYSIS :

A. LIQUIDITY RATIO:





expenses

B. ACTIVITY RATIO:




Sales / NFA 2.48 3.63

B.3. Total assets turnover ratio Sales / TA 1.14 1.69





PAT / Sales -15.33 -3.99



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EAES / Shareholders funds -40.40 -43.69


PBIT - Tax / Capital employed -38.44 -8.46


EAES / Net worth -40.40 -43.69


PAT + Depreciation / Sales -8.87 0.34

D. LEVERAGES:

D.1. Proprietory ratio 0.46 0.16








E. SOLVENCY RATIO:E.1. Shareholders equity ratio

Shareholders equity / Total tangible assets 0.22 0.16

E.2. Fixed assets to long term funds ratio


Documents

Automobiles Sector