Equity Analysis

Particulars(INCOME)	Dec 1996 ( Cr)	Jun 1995 ( Cr)	Jun 1994 ( Cr)	Mar 1993 ( Cr)	Mar 1992 ( Cr)
Sales Turnover	36.02	33.86	27.10	14.01	9.42
Excise Duty	0.00	0.00	0.00	0.01	0.02
Net Sales	36.02	33.86	27.10	14.00	9.40
Other Income	3.02	0.44	0.23	0.07	0.52
Stock Adjustments	1.55	0.88	-1.75	0.16	-0.12
Total Income	40.59	35.18	25.58	14.23	9.80
EXPENDITURE :
Raw Materials	27.71	27.72	19.83	10.18	6.48
Power & Fuel Cost	0.13	0.12	0.10	0.08	0.07
Employee Cost	0.52	0.38	0.44	0.46	0.34
Other Manufacturing Expenses	2.85	0.74	0.72	0.37	0.34
Selling & Administrative Expenses	2.66	1.39	1.22	0.74	0.47
Miscellaneous Expenses	0.90	0.21	0.00	0.00	0.00
Less : Pre-operative Expenses Capitalised	0.00	0.00	0.00	0.00	0.00
Total Expenditure	34.77	30.56	22.31	11.83	7.70
Operating Profit	5.82	4.62	3.27	2.40	2.10
Interest	2.21	1.77	1.84	1.96	1.76
Gross Profit	3.61	2.85	1.43	0.44	0.34
Depreciation	0.79	0.33	0.23	0.11	0.08
Profit Before Tax	2.82	2.52	1.20	0.33	0.26
Tax	0.09	0.03	0.26	0.02	0.00
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	2.73	2.49	0.94	0.31	0.26
Extraordinary Items	0.38	0.14	0.00	0.00	0.00
Adjusted Net Profit	2.35	2.35	0.94	0.31	0.26
Adjustment below Net Profit	0.00	0.22	0.00	0.00	0.00
P & L Balance brought forward	0.00	0.46	0.04	0.06	0.01
Statutory Appropriations	0.00	0.00	0.00	0.00	0.00
Appropriations	2.73	2.80	0.52	0.33	0.21
P & L Balance carried down	0.00	0.37	0.46	0.04	0.06
Dividend	0.00	2.21	0.26	0.08	0.06
Preference Dividend	0.00	0.00	0.00	0.00	0.00
Equity Dividend %	0.00	15.00	15.00	10.00	10.00
Dividend Per Share(Rs)	0.00	0.00	0.00	0.00	0.00
Earnings Per Share-Unit Curr	1.08	1.69	1.05	2.14	4.13
Earnings Per Share(Adj)-Unit Curr	1.08	1.69	1.05	2.14	4.13
Book Value-Unit Curr	13.13	11.24	11.85	14.48	16.67
Book Value(Adj)-Unit Curr	13.13	11.24	11.85	14.48	16.67