Equity Analysis

Particulars(INCOME)	Mar 1996 ( Cr)	Mar 1995 ( Cr)	Mar 1994 ( Cr)	Mar 1993 ( Cr)	Mar 1992 ( Cr)
Sales Turnover	27.37	37.07	23.07	20.00	11.95
Excise Duty	3.10	3.55	2.78	3.32	0.00
Net Sales	24.27	33.52	20.29	16.68	11.95
Other Income	0.01	0.00	0.00	0.07	1.33
Stock Adjustments	-0.10	-0.38	0.52	0.10	0.01
Total Income	24.18	33.14	20.81	16.85	13.29
EXPENDITURE :
Raw Materials	19.34	26.63	16.43	13.47	9.43
Power & Fuel Cost	0.77	0.84	0.40	0.22	0.12
Employee Cost	0.72	0.62	0.51	0.35	0.25
Other Manufacturing Expenses	0.57	0.91	0.76	0.64	0.62
Selling & Administrative Expenses	0.83	1.05	0.58	0.49	0.25
Miscellaneous Expenses	0.17	0.13	0.17	0.15	0.15
Less : Pre-operative Expenses Capitalised	0.00	0.00	0.00	0.00	0.00
Total Expenditure	22.40	30.18	18.85	15.32	10.82
Operating Profit	1.78	2.96	1.96	1.53	2.47
Interest	1.38	1.09	0.74	0.49	0.44
Gross Profit	0.40	1.87	1.22	1.04	2.03
Depreciation	0.82	0.56	0.42	0.32	0.30
Profit Before Tax	-0.42	1.31	0.80	0.72	1.73
Tax	0.00	0.22	0.01	0.27	0.14
Fringe Benefit tax	0.00	0.00	0.00	0.00	0.00
Deferred Tax	0.00	0.00	0.00	0.00	0.00
Reported Net Profit	-0.42	1.09	0.79	0.45	1.59
Extraordinary Items	0.00	0.00	0.00	0.00	1.20
Adjusted Net Profit	-0.42	1.09	0.79	0.45	0.39
Adjustment below Net Profit	0.00	0.00	0.00	0.00	0.00
P & L Balance brought forward	1.10	0.36	0.16	0.10	0.04
Statutory Appropriations	0.00	0.00	0.00	0.00	0.00
Appropriations	0.00	0.35	0.59	0.39	1.53
P & L Balance carried down	0.68	1.10	0.36	0.16	0.10
Dividend	0.00	0.00	0.33	0.14	0.05
Preference Dividend	0.00	0.00	0.00	0.00	0.00
Equity Dividend %	0.00	0.00	15.00	15.00	15.00
Dividend Per Share(Rs)	0.00	0.00	0.00	0.00	0.00
Earnings Per Share-Unit Curr	0.00	2.55	3.66	2.08	441.67
Earnings Per Share(Adj)-Unit Curr	0.00	2.55	3.66	2.08	441.67
Book Value-Unit Curr	21.90	22.88	25.65	23.47	722.22
Book Value(Adj)-Unit Curr	21.90	22.88	25.65	23.47	722.22