The document analyzes the financial performance and position of ACC Cement over several years through various financial ratios and analysis of items in the balance sheet and profit and loss statement. It provides detailed information on assets, liabilities, income, expenditure, cash flows, and valuation ratios to understand the company's financial trends and stability.
The document analyzes the financial performance and position of ACC Cement over several years through various financial ratios and analysis of items in the balance sheet and profit and loss statement. It provides detailed information on assets, liabilities, income, expenditure, cash flows, and valuation ratios to understand the company's financial trends and stability.
The document analyzes the financial performance and position of ACC Cement over several years through various financial ratios and analysis of items in the balance sheet and profit and loss statement. It provides detailed information on assets, liabilities, income, expenditure, cash flows, and valuation ratios to understand the company's financial trends and stability.
The document analyzes the financial performance and position of ACC Cement over several years through various financial ratios and analysis of items in the balance sheet and profit and loss statement. It provides detailed information on assets, liabilities, income, expenditure, cash flows, and valuation ratios to understand the company's financial trends and stability.
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Financial Analysis of ACC Cement
Balance Sheet Standalone (Rs. in Million) Particulars
Dec 2013
Dec 2010
Dec 2009
Share Capital
1879.50
1879.50
1879.50
1879.50
1879.40
0.00
0.00
0.00
0.00
1.00
Total Reserves
76368.90
71948.50
70043.20
62815.40
58281.80
Shareholder's Funds
78248.40
73828.00
71922.70
64694.90
60162.20
Minority Interest
Long-Term Borrowings
Secured Loans
820.00
5000.00
5099.30
5500.00
Unsecured Loans
30.30
60.80
138.90
169.20
Deferred Tax Assets / Liabilities
5072.70
5169.20
5183.60
3615.30
3492.50
Other Long Term Liabilities
4067.50
3810.90
3722.60
890.90
923.60
1230.60
10031.10
10754.00
15197.60
8853.50
9161.70
6392.00
6604.90
7102.60
16163.80
14087.10
15456.90
15158.10
15170.60
6341.70
5552.00
Short Term Provisions
10807.50
12917.30
10499.40
24086.60
11500.00
Total Current Liabilities
32656.40
34680.30
32772.60
46592.10
31139.10
120935.90
119262.30
119892.90
69933.10
65831.40
ASSETS
Non-Current Assets
103995.50
102187.80
96453.70
80769.50
68262.70
48836.60
43549.10
34378.40
29945.10
26679.80
119.30
Share Warrants & Outstandings
Long Term Trade Payables
Long Term Provisions Total Non-Current Liabilities Current Liabilities Trade Payables Other Current Liabilities Short Term Borrowings
Total Liabilities
Gross Block Less: Accumulated Depreciation Less: Impairment of Assets
Dec 2012
Dec 2011
Net Block
55039.60
58638.70
62075.30
50824.40
41582.90
8196.10
3113.00
3656.30
15628.00
21562.10
Intangible assets under development
Pre-operative Expenses pending
Assets in transit
Non Current Investments
1768.10
1946.70
4451.00
3951.10
3461.70
Long Term Loans & Advances
8668.30
5642.00
4478.80
Other Non Current Assets
3082.40
1658.40
561.40
76754.50
70998.80
75222.80
70403.50
66606.70
Currents Investments
20172.10
23588.80
11798.50
13075.60
11294.70
Inventories
11214.70
11335.50
10995.40
9149.80
7789.80
Sundry Debtors
3972.20
3034.50
1877.40
1782.80
2037.00
Cash and Bank
5033.80
6783.80
16525.60
9800.30
7463.80
194.70
288.00
150.00
561.20
109.90
3593.90
3232.90
3323.20
15367.30
5161.10
44181.40
48263.50
44670.10
49737.00
33856.30
11525.00
13583.20
11897.50
3144.90
2717.20
24009.30
24674.70
32871.60
36661.40
22561.60
120935.90
119262.30
119892.90
69933.10
65831.40
17641.50
16812.20
4487.70
4089.00
3591.00
Total Debt
350.30
1630.60
5107.30
5238.20
5669.20
Book Value
416.76
393.21
383.07
344.57
320.44
Adjusted Book Value
416.76
393.21
383.07
344.57
320.44
Lease Adjustment A/c
Capital Work in Progress
Total Non-Current Assets
Current Assets Loans & Advances
Other Current Assets
Short Term Loans and Advances Total Current Assets Net Current Assets (Including Current Investments) Total Current Assets Excluding Current Investments Miscellaneous Expenses not written off Total Assets Contingent Liabilities
INCOME STATEMENT Particulars No of Months
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
12
12
12
12
12
124910.70
126394.40
107000.20
85637.10
87242.40
Less :Inter divisional transfers
Less: Sales Returns
13221.30
12814.80
10397.30
8463.80
6970.40
111689.40
113579.60
96602.90
77173.30
80272.00
130.00
1084.90
95.50
585.60
557.80
Raw Materials Consumed
18543.40
17102.20
13100.80
12242.10
9846.70
Power & Fuel Cost
23823.40
23822.60
21833.00
15986.70
15396.50
6616.80
6166.50
5330.10
4566.60
3637.50
12013.80
10611.50
9746.20
10566.80
8878.90
1725.30
1752.40
1500.70
1434.40
1446.70
25139.10
24069.10
20853.40
12510.20
12241.80
7409.70
7014.60
4936.00
3741.10
3462.50
Total Expenditure
95401.50
91623.80
77395.70
61633.50
55468.40
PBIDT (Excl OI)
16287.90
21955.80
19207.20
15539.80
24803.60
2237.90
3394.30
1919.10
4016.00
2607.50
18525.80
25350.10
21126.30
19555.80
27411.10
516.70
1892.60
969.10
1014.50
1046.30
18009.10
23457.50
20157.20
18541.30
26364.80
5739.50
5588.80
4753.00
3926.80
3420.90
12269.60
17868.70
15404.20
14614.50
22943.90
0.00
-3353.80
Gross Sales
Less: Excise Net Sales EXPENDITURE : Increase/Decrease in Stock
Employee Cost Other Manufacturing Expenses General and Administration Expenses Selling and Distribution Expenses Miscellaneous Expenses Expenses Capitalised
Other Income Operating Profit Interest PBDT Depreciation Profit Before Taxation & Exceptional Items Exceptional Income / Expenses
Profit Before Tax
12269.60
14514.90
15404.20
14614.50
22943.90
Provision for Tax
1312.00
3903.00
2151.60
3414.40
6876.60
10957.60
10611.90
13252.60
11200.10
16067.30
-2162.90
Profit Balance B/F
38618.30
38215.40
33814.10
32038.50
24779.10
Appropriations
49575.90
46664.40
47066.70
43238.60
40846.40
300.00
300.00
280.00
305.00
230.00
58.36
56.52
70.59
59.65
85.58
416.76
393.21
383.07
344.57
320.44
PAT Adj to Profit After Tax
Equity Dividend (%)
Earnings Per Share (Rs.) Book Value (Rs.)
CASH FLOW Standalone (Rs. in Million) Particulars Profit Before Tax Adjustment Changes In working Capital Cash Flow after changes in Working Capital
Cash Flow from Operating Activities
Dec 2013 12269.6 0
Dec 2012
Dec 2011 Dec 2010
14514.90
15404.2
14614.5
Dec 2009 22943.90
4663.10
7769.70
3690.70
4462.60
3988.10
-1876.50
-4455.40
780.40
1036.20
1979.30
19875.3
20113.3
15713.1
19353.8
15056.2 0 10770.0 0
17829.20
15770.00
23970.80 -
Cash Flow from Investing Activities
-8521.10
Cash Flow from Financing Activities
-8608.80
Net Cash Inflow / Outflow
-6359.90
2003.30
5447.50
5017.40
31350.5
29303.20
22855.7
17858.5 14382.90
Opening Cash & Cash Equivalents
-3106.50 -2582.40 -8122.50
28911.30
10660.20
15049.40
-7683.20 -6213.90 -4545.80
4375.60
0 Cash & Cash Equivalent on Amalgamation / Take over / Merger Cash & Cash Equivalent of Subsidiaries under liquidations Translation adjustment on reserves / op cash balalces frgn subsidiaries Effect of Foreign Exchange Fluctuations
44.00
Closing Cash & Cash Equivalent
Valuation Ratios Particulars
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Total Debt/Equity(%)
0.00
0.02
0.07
0.08
0.09
Current Ratio(x)
1.35
1.39
1.36
1.07
1.09
Quick Ratio(x)
1.01
1.06
1.03
0.87
0.84
24.75
8.67
16.90
15.41
22.93
0.00
0.01
0.02
0.03
0.03
GPM(%)
14.42
18.56
18.84
21.65
30.22
NPM(%)
8.77
8.40
12.39
13.08
18.42
38.93
40.45
2.40
1.72
2.58
1.03
1.06
0.89
0.71
0.87
Liquidity ratios
Interest Cover(x) Total Debt/Mcap(%) Profitability Ratios
Turn Over Ratios
Sales/Current Assets Sales/Total Assets
Financial Ratios
Particulars
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operational & Financial Ratios
Earnings Per Share (Rs)
58.36
56.52
70.59
59.65
85.58
CEPS(Rs)
88.93
86.29
95.90
80.57
103.80
DPS(Rs)
30.00
30.00
28.00
30.50
23.00
416.76
393.21
383.07
344.57
320.44
10.69
26.89
13.97
23.36
29.97
Core EBITDA Margin(%)
13.04
17.37
17.95
18.15
28.43
EBIT Margin(%)
10.24
12.98
15.30
18.25
27.50
Pre Tax Margin(%)
9.82
11.48
14.40
17.07
26.30
PAT Margin (%)
8.77
8.40
12.39
13.08
18.42
13.37
12.82
16.83
17.66
22.34
ROA(%)
9.12
8.87
11.04
10.15
17.32
ROE(%)
14.41
14.56
19.40
17.94
29.36
ROCE(%)
16.60
21.52
22.28
23.02
40.01
Asset Turnover(x)
1.04
1.06
0.89
0.78
0.94
Sales/Fixed Asset(x)
1.21
1.27
1.21
1.15
1.38
10.84
9.31
8.99
27.23
32.11
0.83
0.79
0.83
0.87
0.73
Receivable days
10.24
7.09
6.24
8.14
10.75
Inventory Days
32.95
32.24
34.36
36.10
32.89
Payable days
25.81
28.38
56.63
92.46
97.91
PER(x)
18.99
25.29
16.10
18.03
10.18
PCE(x)
12.46
16.57
11.85
13.35
8.40
Price/Book(x)
2.66
3.64
2.97
3.12
2.72
Yield(%)
2.71
2.10
2.46
2.84
2.64
Book NAV/Share(Rs) Tax Rate(%) Margin Ratios
Cash Profit Margin (%)
Performance Ratios
Working Capital/Sales(x) Efficiency Ratios Fixed Capital/Sales(x)
