Sheet: ANNUALSheet: QTRLYSheet: Sheet3Sheet: KEY FINPROFIT AND LOSS A/C199903.0200003.0200103.0200203.0200303.0200304.0Sales Turnover 29.3935.4846.3956.9274.0775.38Raw Materials 16.9417.2717.1518.4319.6Power & Fuel Cost0.490.510.560.540.6Other Manufacturing Expenses 4.026.97.3814.0117.81Employee Cost 1.611.431.772.352.52Selling and Administration Expenses 0.810.862.953.424.29Miscellaneous Expenses 0.030.371.391.121.223.927.3431.19999999999999639.8746.0200000000000147.19Stock Adjustments 0.030.020.17-0.05-0.18-0.11Cost of Sales23.86999999999999727.3231.02999999999999439.91999999999999546.2000000000000144.74Operating Profit5.5200000000000038.15999999999999715.36000000000000717.00000000000000727.86999999999998330.639999999999993% of sales18.78189860496768722.99887260428409533.110584177624529.86647926914969337.6265694613203540.64738657468824Other Income 1.011.352.744.073.983.41PBIDT6.5300000000000039.50999999999999618.1000000000000121.07000000000000731.84999999999998434.05Interest & Financial Charges 0.00.00.261.21.051.39PBDT6.5300000000000039.50999999999999617.84000000000000719.87000000000000830.79999999999998332.66Depreciation1.011.030.53.794.254.18PBT5.5200000000000038.47999999999999717.34000000000000716.0800000000000126.54999999999998328.479999999999997Tax1.953.35.03.758.259.0PAT before deferred tax3.5700000000000035.17999999999999712.34000000000000712.33000000000000918.29999999999998319.479999999999997Deferred Tax0.00.00.01.991.71.1PAT after Deferred Tax3.5700000000000035.17999999999999712.34000000000000710.34000000000000916.59999999999998418.379999999999995Cash Profit4.5800000000000036.20999999999999712.84000000000000716.12000000000000822.54999999999998323.659999999999997Equity Capital0.058.5510.7510.7510.7510.75EPS357.00000000000023.02923976608186955.7395348837209344.8093023255813997.7209302325581328.548837209302324CEPS458.00000000000023.6315789473684195.9720930232558177.49767441860465510.48837209302324811.004651162790696Equity Dividend (%) 0.035.021.025.040.050.0BALANCE SHEET199903.0200003.0200103.0200203.0200303.0200403.0SOURCES OF FUNDS :Share Capital 0.058.5510.7510.7510.75NOTReserves & Surplus 10.814.1764.6270.7382.53AVAILABLETotal Shareholders Funds10.8612.7275.3781.4893.28Secured Loans 0.00.00.07.124.51Unsecured Loans 1.255.217.417.937.1Total Debt1.255.217.4115.0511.61Total Liabilities12.1117.9382.7896.53104.89APPLICATION OF FUNDS :Gross Block 8.829.6453.169.8671.91Less : Accum. Depreciation2.663.644.157.912.15Net Block6.166.048.9561.9659.76Capital Work in Progress0.011.753.260.932.01Investments0.00.00.00.00.05Current Assets, Loans & Adv.Inventories 0.40.421.310.530.72Sundry Debtors 10.2212.6413.8523.4428.47Cash and Bank Balance1.574.477.3922.863.03Loans and Advances 14.9913.2646.7123.7952.25Less : Current Liab. & Prov.Current Liabilities 14.7717.5325.7125.4821.71Provisions 6.4613.0817.2514.7421.85Net Current Assets5.950.1826.330.440.91Miscellaneous Expenses not w/o 0.00.04.273.242.16Total Assets12.1117.9382.7896.53104.89KEY INDICATORS199903.0200003.0200103.0200203.0200303.0200403.0OPM%18.78189860496768722.99887260428409533.110584177624529.86647926914969337.6265694613203540.64738657468824EPS 357.00000000000023.02923976608186955.7395348837209344.8093023255813997.7209302325581328.548837209302324CEPS 458.00000000000023.6315789473684195.9720930232558177.49767441860465510.48837209302324811.004651162790696Capial Emp.Net Sales Ratio2.426919900908341.97880646960401550.56040106305870980.58966124520874340.7061683668605204RoCE( PBIT/CE)%45.58216350123867547.2950362520914521.26117419666587317.90117062053248626.31328057965486RoNW(PAT/Networth)%32.87292817679560440.7232704402515516.3725620273318415.13254786450663819.618353344768423Debt / Equity Ratio 0.115101289134438320.409591194968553450.098314979434788370.184707903780068740.1244639794168096Debt collection period(days)126.92412385165022130.0338218714769108.9728389739168150.3092059030218140.29364115026328BV1086.07.4385964912280735.05581395348837537.8976744186046543.3860465116279Div. %0.035.021.025.040.050.0( Period in Months)200109.0200112.0200203.0200206.0200209.0200212.0200303.0200306.0200309.0200312.0200403.0200406.0200403.0200303.0200203.0(Rs.in Crs.)3.03.03.03.03.03.03.03.03.03.03.03.012.012.012.0Net Sales11.0814.0316.621.1718.5218.4216.0818.0919.2721.2416.7819.4375.3874.0756.92Total Expenditure 8.710.2111.9312.8211.5911.5410.8311.3510.8712.2410.2811.344.7446.1540.15Operating Profit2.3800000000000013.81999999999999854.6700000000000028.3500000000000016.936.8800000000000035.2499999999999986.748.48.9999999999999986.5000000000000028.12999999999999930.63999999999999327.91999999999999516.770000000000003% of sales21.48014440433213727.22736992159656628.13253012048193539.44260746339159637.41900647948164537.3507057546145632.6492537313432737.25815367606412643.5910742086144342.3728813559321938.7365911799761741.8425115800308840.6473865746882437.6940731740245729.46240337315531Other Income1.681.080.140.861.021.00.990.411.081.320.61.283.413.984.07PBIDT4.06000000000000054.8999999999999994.8100000000000019.217.9499999999999997.8800000000000036.2399999999999987.159.4810.3199999999999997.1000000000000019.40999999999999834.0531.89999999999999520.840000000000003Interest0.230.390.220.320.250.270.150.270.440.440.240.391.391.050.97PBDT3.83000000000000054.5099999999999994.5900000000000028.897.6999999999999997.6100000000000036.0899999999999986.8800000000000019.0400000000000019.8799999999999996.8600000000000019.01999999999999832.6630.84999999999999419.870000000000005Depreciation0.950.841.180.991.11.091.041.021.071.041.051.264.184.253.79PBT2.8800000000000013.6699999999999993.4100000000000027.96.66.5200000000000035.0499999999999985.8600000000000017.9700000000000018.845.8100000000000017.75999999999999828.47999999999999726.59999999999999416.080000000000005Tax1.00.750.652.02.02.01.91.82.22.82.22.259.08.253.75PAT before deferred tax1.88000000000000082.9199999999999992.7600000000000025.94.64.5200000000000033.1499999999999984.0600000000000015.77000000000000056.043.6100000000000015.50999999999999819.47999999999999718.34999999999999412.330000000000005Deferred Tax0.50.50.420.410.410.440.430.260.260.240.340.281.11.71.99Reported Profit After Tax1.38000000000000082.4199999999999992.3400000000000025.494.18999999999999954.0800000000000032.7199999999999983.80000000000000165.5100000000000015.83.27000000000000145.22999999999999818.37999999999999516.64999999999999510.340000000000005Cash Profit2.3300000000000013.2599999999999993.52000000000000226.485.2899999999999995.1700000000000033.7599999999999984.8200000000000026.5800000000000016.844.3200000000000016.489999999999997522.55999999999999520.89999999999999514.130000000000006Equity10.7510.7510.7510.7510.7510.7510.7510.7510.7510.7510.7510.7510.7510.7510.75EPS (Annualised)3.49767441860465275.4325581395348825.13488372093023710.9767441860465128.558139534883728.4093023255814025.8604651162790677.553488372093025510.73488372093023311.2372093023255816.71627906976744410.251162790697679.0604651162790698.534883720930235.734883720930235CEPS (Annualised)4.3348837209302346.0651162790697656.54883720930232912.0558139534883719.8418604651162789.6186046511627966.9953488372092998.96744186046511912.2418604651162812.7255813953488368.03720930232558212.07441860465115710.4930232558139529.7209302325581376.5720930232558175ADLABS FILMS LIMITEDRs.92.8IndustryEntertainment - Films ProcessingP/E 10.24PromotersMr.Man Mohan Shetty & Vasanji MamaniaCash P/E8.44Share Holding(%)Promoters and associates : 63.02Div.Yld.% 0.0269(30.06.04)Institutions : 0.82BV/Share ( on 31.03.03)Rs.43.39Reliance Capital Ltd. : 7.66Shares Outstanding 10.75 Million Shares Pvt. Corp. Bodies : 6.82Mkt.CapRs.99.76 CrsRubaiyat Arun Patel : 10.0052 Wk High / LowRs 148.85 - 58.1Others : 11.68Enterprise ValueRs.111.37 Crs.Websitehttp://www.adlabsfilms.com/EBIDTARs. 34.05 Crs.Face ValueRs.5/-Enterprise Value/ EBIDTA3.27Year EndNetOPO.PBIDTNetCashEquityEPS*CEPSOPMRoCERoNWDebt/Div(Rs in crs.)SalesInc.Profit* Profit(Rs.)(Rs.)( % )( % )%Equity(%)Mar.9939.395.521.016.5299999999999993.574.580.05356.99999999999994458.014.01370906321401445.5832.870.120.0Mar.0035.488.161.359.515.186.218.553.0292397660818713.63157894736842122.99887260428410647.340.720.4135.0Mar.0146.3915.362.7418.112.3412.8410.755.739534883720935.97209302325581333.1105841776244921.2616.370.121.0Mar.0256.9217.04.0721.0712.3316.1210.755.7348837209302337.49767441860465129.86647926914968217.915.130.1825.0Mar.0374.0727.873.9831.8518.322.5510.758.51162790697674510.48837209302325737.6265694613203726.3119.620.1240.0Mar.0475.3830.643.4134.0519.4823.6610.759.06046511627906911.00465116279069740.6473865746882550.0* Net Profit is before Deferred Tax Provision.EPS /CEPS are annualised.