5. Nakoda Ltd Balance Sheet - Consolidated - Actual - Schedules- [INR-Crore]
DESCRIPTION Mar-08 Mar-09
SOURCES OF FUNDS:
Share Capital 18.05 18.05
Face Value 5 5
No of shares 3.61 3.61
Share Warrants & Outstandings 0 0
Total Reserves 506.6 487.86
Securities Premium 209.59 209.59
Capital Reserves 13.63 13.63
Profit & Loss Account Balance 5.69 -27.97
General Reserves 277.69 283.38
Exchange Fluctuation reserve 0 9.23
Shareholder's Funds 524.65 505.91
Minority Interest 0.00 0.00
Secured Loans 801.94 634.48
Term Loans - Banks 393.18 366.17
Working Capital Loans - Banks 408.76 268.31
Vehicle loans 0.00 0.00
Unsecured Loans 25.27 6.27
Other Deposits 15.47 0
Other Unsecured Loan 9.8 6.27
Total Debts 827.21 640.75
Total Liabilities 1351.86 1146.66
Debt to Equity Ratio 2.576685 2.26653
APPLICATION OF FUNDS :
Gross Block 1259.1 1324.8
Less: Accumulated Depreciation 609.77 676.06
Net Block 649.33 648.74
Capital Work in Progress 63.88 23.9
Investments 9 17.05
Current Assets, Loans & Advances 0 0
Inventories 405.13 201.73
As a % of Raw Material Consumed 89.14% 40.15%
Sundry Debtors 219.55 237.16
As a % of Net Sales 23.95% 23.68%
Cash and Bank 10.38 9.36
Loans and Advances 131.48 114.27
Total Current Assets 766.54 562.52
Less : Current Liabilities and Provisions
Current Liabilities 72.39 56.07
Sundry Creditors 24.25 15.25
As a % of Raw Material 5.34% 3.03%
Acceptances 9.12 1.95
6. As a % Raw Material 2.01% 0.39%
Other Liabilities 39.02 38.87
Provisions 10.23 2.51
Total Current Liabilities 82.62 58.58
Net Current Assets 683.92 503.94
Deferred Tax Assets / Liabilities -53.67 -45.41
Total Assets 1352.46 1148.22
Contingent Liabilities 252.83 214.97
Book Value 145.67 140.69
Adjusted Book Value 145.67 140.69
CASH FLOW STATEMENT
Cash Flow Statement Mar-08 Mar-09
PAT -15.8918
Dep 76.11
Others
Operating profit before WC Changes 60.2182
Change in Current Assets 203
Change in Current Liabilities -24.04
Provisions 7.72
Deferred Tax Liability 8.26
Net Cash from Operating Activities 255.1582
Purchase Fixed Asset -65.7
CWIP 39.98
Purchase/Sale of investments -8.05
Cash from Investing Activities -33.77
Change in Minority Interest
Issue of capital 0
Debt borowed -186.46
Premium on Issue of Capital 0
Repayment of Debt
Dividend Paid and DDT Tax -1.805
Cash From Financing Activities -188.26
Foreign currency translation -34.15
Cash from all the activities -1.02
Opening balance of Cash 10.38
Closing balance of Cash 9.36
7. Mar-08 Mar-09
Share Capital 18.05 18.05
Total Reserves 506.6 487.86
Minority Interest 0 0
Total Debts 827.208 640.75
Total Liabilities 1351.858 1146.66
Gross Block 1259.1 1324.8
Less: Accumulated Depreciation 609.77 676.06
Net Block 649.33 648.74
Capital Work in Progress 63.88 23.9
Investments 9 17.05
Net Current Assets 683.92 503.94
Deferred Tax Assets / Liabilities -53.67 -45.41
Total Assets 1352.46 1148.22
Current Ratio 9.277899 9.602595
Interest coverage
inventory days 161.1706 73.51456
creditor days 9.647244 5.557414
debtor days 87.34237 86.42598
14. CY08 CY09 CY10 CY11 CY12 CY13
capital expendiure planned 200 200 0
Secured Loans
Term Loans 393.178 366.17 349.81 549.81 749.81 749.81
Debt Repaid 27.01 0.00 0 0
Growth in sales 9.17% 10.87% 20.06% 22.54% 17.03%
Working Capital Loans 408.76 268.31 496.14 521.02 550.39 573.82
Vehicle Loans 0.00 0.00 0 0 0
801.94 634.48 845.95 1070.83 1300.20 1323.63
Unsecured Loans
from corporate bodies 9.8 6.27 9.92 10 10 10
from banks 15.47
Others
6.27 9.92 10.00 10.00 10.00
Total 827.21 640.75 855.87 1080.83 1310.20 1333.63
interest on term loan 20.51 20.48 32.43879 44.23879 44.23879
interest on term loan 5.60% 5.85% 5.90% 5.90% 5.90%
Total interest paid 31.36 41.34 45.04 60.32 73.66 74.89
interest rate 6.45% 5.26% 5.58% 5.62% 5.62%
Interest paid on other loans 20.83 24.56 27.88 29.42 30.65
Interest Paid 7.59% 4.9% 5.25% 5.25% 5.25%
Interest Capitilised
15. Capital expenditure 200 200
2008 2009 2010 2011 2012
Fixed Assests Mar-08 Mar-09 Mar-10 Mar-11 Mar-12
Land and building 309.61 345.67 378.88 378.88 378.88
Plant and machinery 943.02 972.13 990.27 1110.27 1230.27
Furnitures 6.46 6.83 7.17 7.17 7.17
Intangible assests 0 0.163 0.163 0.163 0.163
Net Assests 1259.09 1324.793 1376.483 1496.483 1616.483
Dep Land and building 60.49 69.13 77.69 87.0128 97.45434
Dep Plant and machinery 544.15 601.45 645.89 710.479 781.5269
Dep Furnitures 5.12 5.43 5.71 6.0526 6.415756
Dep Intangible assests 0 0.03 0.06 0.09 0.12
Net Depreciation 609.76 676.04 729.35 803.6344 885.517
Net Block 649.33 648.753 647.133 692.8486 730.966
% increase dep of Land and building 14.3% 12.4% 12.0% 12.0%
% increase dep of plant and machinery 10.5% 7.4% 10.0% 10.0%
% increase dep of furniture 6.1% 5.2% 6.0% 6.0%
% increase dep of Intangible assests
Depreciation 74.2844 81.88259
Capital Work in progress Mar-08 Mar-09 Mar-10 Mar-11 Mar-12
Capital Work in Progress 63.88 23.9 41.18 121.18 201.18
19. Nahar Ltd Profit And Loss - Consolidated - Actual - Schedules- [INR-Crore]
DESCRIPTION Mar-08 Mar-09
INCOME :
Gross Sales 917.49 1001.59
Growth Rate % 9.17%
Less: Excise Duty 0.93 0.23
As a % of Sales 0.10% 0.02%
Net Sales 916.56 1001.36
Growth Rate % 9.25%
EXPENDITURE :
Increase/Decrease in Stock -10.55 9.11
Raw Material Consumed 454.50 502.50
As a % of Sales 49.59% 50.18%
Power & Fuel Cost 137.15 130.12
As a % of Sales 14.96% 12.99%
Employee Cost 69.78 70.71
As a % of Sales 7.61% 7.06%
Other Manufacturing Expenses 70.29 70.76
As a % of Sales 7.67% 7.07%
General and Administration Expenses 10.98 10.8
As a % of Sales 1.20% 1.08%
Selling and Distribution Expenses 64.6 72.82
As a % of Sales 7.05% 7.27%
Miscellaneous Expenses 1.77 48.1
As a % of Sales 0.19% 4.80%
Total Expenditure 798.52 914.92
% change 14.58%
As a % of Sales 87.12% 91.37%
Operating Profit (Excl OI) 118.04 86.44
EBITDA Margin 12.88% 8.63%
Other Income 10.04 6.72
Operating Profit 128.08 93.16
Operating Profit Margin 13.97% 9.30%
Interest 31.36 41.39
As a % of debt 3.79% 6.46%
PBDT 96.72 51.77
Depreciation 76.91 76.11
As a % of gross block 6.11% 5.75%
Profit Before Taxation & Exceptional Items 19.81 -24.34
Exceptional Items - -
Profit Before Tax 19.81 -24.34
PBT Margin 2.16% -2.43%
Provision for Tax 7.82 -8.45
20. Tax Rate 39.47% 34.71%
Profit After Tax 11.99 -15.89
PAT Margin 1.31% -1.59%
Minority Interest
Consolidated Net Profit 11.99 -15.89
Equity Dividend % 30.00% 10.00%
Earnings Per Share 3.32 -4.40
Adjusted EPS 3.32 -4.40
current price is 108 4.67 as per moneycontrol
interest coverage ratio 4.084327 2.250742
DESCRIPTION Mar-08 Mar-09
Net Sales 916.6 1001.4
Expenditure 798.5 914.9
PBIDT 128.1 93.2
Interest 31.4 41.4
Depreciation 76.9 76.1
Profit After Tax 12.0 -15.9
Equity Share Capital 18.0 18.0
EPS 3.3 0.0
96.7 51.8
Financial leverage 1.32422 1.799526
2008 2009
43. 2008 2009 2010
electricity purchased units 213414326 241043542 223785034
rate per unit 4.21 4.18 4.42
own generation thru disel 51176799 10279508 25083427
rate per unit 4.96 7.02 6.39
own generation thru turbine 16733300 33283148 41936530
rate per unit 1.99 3.34 3.15
Weighted average cost 4.21 4.18 4.41