key financial ratios of hindustan unilever
DESCRIPTION
financial ratio and cash flowTRANSCRIPT
Key Financial Ratios of Hindustan Unilever
Mar '12 Mar '11 Mar '10 Mar '09 Dec '07
Investment Valuation Ratios
Face Value 1.00 1.00 1.00 1.00 1.00
Dividend Per Share 7.50 6.50 6.50 7.50 9.00
Operating Profit Per Share (Rs) 15.38 12.34 12.82 13.60 9.54
Net Operating Profit Per Share (Rs) 102.33 91.18 81.45 94.06 63.75
Free Reserves Per Share (Rs) 14.94 11.04 10.70 8.30 5.45
Bonus in Equity Capital 60.92 60.98 60.36 60.40 60.47
Profitability Ratios
Operating Profit Margin(%) 15.03 13.53 15.74 14.46 14.95
Profit Before Interest And Tax Margin(%) 13.94 12.25 14.59 13.39 13.78
Gross Profit Margin(%) 14.04 12.41 14.70 13.50 15.86
Cash Profit Margin(%) 12.12 11.75 12.76 12.29 13.56
Adjusted Cash Margin(%) 12.12 11.75 12.76 12.29 12.90
Net Profit Margin(%) 12.07 11.56 12.29 12.09 12.58
Adjusted Net Profit Margin(%) 12.07 11.56 12.29 12.09 11.91
Return On Capital Employed(%) 93.08 102.47 106.78 118.59 138.72
Return On Net Worth(%) 76.62 87.57 85.25 121.34 122.97
Adjusted Return on Net Worth(%) 70.68 80.67 81.40 113.85 116.49
Return on Assets Excluding Revaluations 16.25 12.19 11.84 9.45 6.61
Return on Assets Including Revaluations 16.25 12.20 11.84 9.46 6.61
Return on Long Term Funds(%) 93.08 102.47 106.78 142.88 147.26
Liquidity And Solvency Ratios
Current Ratio 0.83 0.86 0.84 0.92 0.68
Quick Ratio 0.45 0.43 0.46 0.51 0.25
Debt Equity Ratio -- -- -- 0.20 0.06
Long Term Debt Equity Ratio -- -- -- -- --
Debt Coverage Ratios
Interest Cover2,636.53
11,243.63 395.13 116.28 83.09
Total Debt to Owners Fund -- -- -- 0.20 0.06
Financial Charges Coverage Ratio2,812.54
12,163.75 421.50 123.99 88.52
Financial Charges Coverage Ratio Post Tax2,347.49
10,529.33 342.84 107.47 75.81
Management Efficiency Ratios
Inventory Turnover Ratio 9.93 7.91 8.99 9.26 7.20
Debtors Turnover Ratio 27.27 24.28 29.24 41.83 31.41
Investments Turnover Ratio 9.93 7.91 8.99 9.26 8.20
Fixed Assets Turnover Ratio 6.26 5.63 5.35 7.81 9.80
Total Assets Turnover Ratio 6.37 8.31 7.66 9.22 10.53
Asset Turnover Ratio 7.20 7.55 7.01 -- 5.64
Average Raw Material Holding 46.50 61.54 51.08 72.27 84.20
Average Finished Goods Held 29.08 35.15 32.05 34.18 29.81
Number of Days In Working Capital -21.06 -20.02 -22.62 1.58 -42.05
Profit & Loss Account Ratios
Material Cost Composition 52.90 53.29 50.67 55.50 54.34
Imported Composition of Raw Materials Consumed
12.53 19.20 18.61 21.65 16.67
Selling Distribution Cost Composition 16.75 19.35 18.35 15.98 15.56
Expenses as Composition of Total Sales 2.24 7.25 7.31 9.47 10.68
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 69.99 71.20 75.20 76.47 131.80
Dividend Payout Ratio Cash Profit 64.74 64.98 69.40 70.93 122.23
Earning Retention Ratio 24.13 22.71 21.25 18.50 -39.13
Cash Earning Retention Ratio 30.26 29.99 27.59 24.77 -28.52
AdjustedCash Flow Times -- -- -- 0.17 0.05
Mar '12 Mar '11 Mar '10 Mar '09 Dec '07
Earnings Per Share 12.45 10.68 10.09 11.47 8.12
Book Value 16.25 12.19 11.84 9.45 6.61
Ratios(Rs crore)
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Dec ' 07
Per share ratios
Adjusted EPS (Rs) 11.49 9.84 9.64 10.76 7.70
Adjusted cash EPS (Rs) 12.50 10.86 10.48 11.66 8.33
Reported EPS (Rs) 12.45 10.68 10.09 11.47 8.12
Reported cash EPS (Rs) 13.46 11.70 10.94 12.37 8.76
Dividend per share 7.50 6.50 6.50 7.50 9.00
Operating profit per share (Rs) 15.38 12.34 12.82 13.60 9.54
Book value (excl rev res) per share EPS (Rs) 16.25 12.19 11.84 9.45 6.61
Book value (incl rev res) per share EPS (Rs) 16.25 12.20 11.84 9.46 6.61
Net operating income per share EPS (Rs) 102.33 91.18 81.45 94.06 63.75
Free reserves per share EPS (Rs) 14.94 11.04 10.70 8.30 5.45
Profitability ratios
Operating margin (%) 15.03 13.53 15.74 14.46 14.95
Gross profit margin (%) 14.04 12.41 14.70 13.50 13.96
Net profit margin (%) 12.07 11.56 12.29 12.09 12.58
Adjusted cash margin (%) 12.12 11.75 12.76 12.29 12.90
Adjusted return on net worth (%) 70.68 80.67 81.40 113.85 116.49
Reported return on net worth (%) 76.62 87.57 85.25 121.34 122.97
Return on long term funds (%) 93.08 102.47 106.78 142.88 147.26
Leverage ratios
Long term debt / Equity - - - - -
Total debt/equity - - - 0.20 0.06
Owners fund as % of total source 100.00 100.00 100.00 83.00 94.20
Fixed assets turnover ratio 7.20 5.63 5.35 7.81 5.64
Liquidity ratios
Current ratio 0.83 0.85 0.83 1.01 0.69
Current ratio (inc. st loans) 0.83 0.85 0.83 0.92 0.67
Quick ratio 0.44 0.43 0.45 0.51 0.24
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Dec ' 07
Inventory turnover ratio 9.93 7.91 8.99 9.26 8.20
Payout ratios
Dividend payout ratio (net profit) 69.99 71.20 75.20 76.47 131.80
Dividend payout ratio (cash profit) 64.74 64.98 69.40 70.93 122.23
Earning retention ratio 24.13 22.71 21.25 18.50 -39.13
Cash earnings retention ratio 30.26 29.99 27.59 24.77 -28.52
Coverage ratios
Adjusted cash flow time total debt - - - 0.16 0.04
Financial charges coverage ratio 2,812.54 12,163.75 421.50 123.99 88.52
Fin. charges cov.ratio (post tax) 2,347.49 10,529.33 342.84 107.47 75.81
Component ratios
Material cost component (% earnings) 52.90 53.29 50.67 55.50 54.34
Selling cost Component 16.75 19.35 18.35 15.98 15.56
Exports as percent of total sales 2.24 7.25 7.31 9.47 10.68
Import comp. in raw mat. consumed 12.53 19.20 18.61 21.65 16.67
Long term assets / total Assets 0.42 0.34 0.37 0.26 0.44
Bonus component in equity capital (%) 60.92 60.98 60.36 60.40 60.47
Cash flowRs crore)
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Dec ' 07
Profit before tax 3,350.16 2,730.18 2,707.07 3,025.12 2,184.53
Net cashflow-operating activity 2,869.56 1,890.57 3,432.37 2,028.65 1,680.11
Net cash used in investing activity -452.45 134.99 -1,137.46 878.19 1,023.76
Netcash used in fin. activity -1,722.32 -2,277.75 -2,180.32 -1,330.36 -2,921.34
Net inc/dec in cash and equivlnt 694.79 -252.19 114.59 1,576.49 -217.47
Cash and equivalnt begin of year 228.15 1,892.20 1,777.62 200.86 418.33
Cash and equivalnt end of year 922.94 1,640.01 1,892.21 1,777.35 200.86
Key Financial Ratios of ITC
Mar '12
Mar '11 Mar '10 Mar '09 Mar '08
Investment Valuation RatiosFace Value 1.00 1.00 1.00 1.00 1.00Dividend Per Share 4.50 4.45 10.00 3.70 3.50Operating Profit Per Share (Rs) 11.41 9.30 16.06 13.04 11.76Net Operating Profit Per Share (Rs) 32.09 27.29 48.63 39.70 37.23Free Reserves Per Share (Rs) 22.50 19.07 34.73 34.27 29.88Bonus in Equity Capital 90.87 91.81 85.85 86.84 86.98Profitability RatiosOperating Profit Margin(%) 35.55 34.08 33.02 32.84 31.57Profit Before Interest And Tax Margin(%) 31.99 30.05 28.97 28.37 27.50Gross Profit Margin(%) 32.77 30.97 29.74 29.17 28.44Cash Profit Margin(%) 26.10 25.17 23.98 24.22 23.45Adjusted Cash Margin(%) 26.10 25.17 23.98 24.22 23.45Net Profit Margin(%) 23.97 22.91 21.30 21.18 21.50Adjusted Net Profit Margin(%) 23.97 22.91 21.30 21.18 21.50Return On Capital Employed(%) 46.95 44.94 42.64 34.60 36.60Return On Net Worth(%) 32.88 31.36 28.98 23.85 25.99Adjusted Return on Net Worth(%) 32.07 30.34 28.29 23.26 24.71Return on Assets Excluding Revaluations 23.97 20.55 36.69 36.24 31.85Return on Assets Including Revaluations 24.04 20.62 36.84 36.39 32.00Return on Long Term Funds(%) 46.95 44.95 42.64 34.75 36.88Liquidity And Solvency RatiosCurrent Ratio 1.08 1.08 0.92 1.42 1.36Quick Ratio 0.51 0.50 0.39 0.61 0.56Debt Equity Ratio -- 0.01 0.01 0.01 0.02Long Term Debt Equity Ratio -- 0.01 0.01 0.01 0.01Debt Coverage RatiosInterest Cover 131.91 123.30 82.46 168.97 258.92Total Debt to Owners Fund 0.00 0.01 0.01 0.01 0.02Financial Charges Coverage Ratio 109.56 100.46 73.42 112.17 199.51Financial Charges Coverage Ratio Post Tax 79.84 73.25 52.72 81.02 145.60Management Efficiency RatiosInventory Turnover Ratio 6.53 6.05 6.04 5.26 5.51Debtors Turnover Ratio 26.50 23.91 24.31 21.32 20.43Investments Turnover Ratio 6.53 6.05 6.04 5.26 5.51
Fixed Assets Turnover Ratio 1.81 1.69 1.58 1.44 1.59Total Assets Turnover Ratio 1.34 1.34 1.33 1.09 1.16Asset Turnover Ratio 1.44 1.40 1.32 1.14 1.59Average Raw Material Holding 168.12 184.53 193.81 185.08 220.61Average Finished Goods Held 40.51 40.67 36.33 64.35 43.88Number of Days In Working Capital 12.56 13.97 -13.69 62.19 52.39Profit & Loss Account RatiosMaterial Cost Composition 39.59 40.72 38.45 45.80 44.95Imported Composition of Raw Materials Consumed
13.03 13.34 12.03 12.98 12.78
Selling Distribution Cost Composition 6.67 6.80 6.66 7.12 7.44Expenses as Composition of Total Sales 10.44 13.32 12.68 14.85 15.45Cash Flow Indicator RatiosDividend Payout Ratio Net Profit 66.35 80.24 109.63 50.06 49.45Dividend Payout Ratio Cash Profit 59.59 70.91 95.34 42.84 43.36Earning Retention Ratio 31.98 17.06 -12.31 48.67 47.98Cash Earning Retention Ratio 39.06 26.99 2.64 56.23 54.68AdjustedCash Flow Times 0.01 0.02 0.02 0.05 0.06
Mar '12
Mar '11 Mar '10 Mar '09 Mar '08
Earnings Per Share 7.88 6.45 10.64 8.65 8.28Book Value 23.97 20.55 36.69 36.24 31.85
Particulars Mar 2012 Mar 2011 Mar 2010 Mar 2009 Mar 2008
Operational & Financial Ratios
Earnings Per Share (Rs) 7.88 6.45 10.64 8.65 8.28
CEPS(Rs) 8.78 7.29 6.12 5.05 4.72
DPS(Rs) 4.50 4.45 10.00 3.70 3.50
Book NAV/Share(Rs) 23.97 20.55 36.69 36.24 31.85
Tax Rate(%) 30.74 31.38 32.49 32.37 31.75
Margin Ratios
Core EBITDA Margin(%) 25.16 24.12 23.20 21.08 20.72
EBIT Margin(%) 25.52 23.87 23.25 21.06 21.58
Pre Tax Margin(%) 25.24 23.58 22.91 20.85 21.41
PAT Margin (%) 17.48 16.18 15.46 14.10 14.61
Cash Profit Margin (%) 19.47 18.31 17.78 16.48 16.66
Performance Ratios
ROA(%) 22.66 32.89 28.92 24.93 27.24
ROE(%) 35.58 33.35 29.33 25.42 27.88
ROCE(%) 51.66 48.69 43.65 37.38 40.44
Asset Turnover(x) 1.30 2.03 1.87 1.77 1.86
Sales/Fixed Asset(x) 2.62 2.49 2.33 2.37 2.65
Working Capital/Sales(x) 6.60 53.44 333.07 6.70 8.26
Efficiency Ratios
Fixed Capital/Sales(x) 0.38 0.40 0.43 0.42 0.38
Receivable days 9.69 10.41 10.80 11.27 11.94
Inventory Days 56.47 58.14 63.58 68.21 63.28
Payable days 33.95 65.68 103.44 100.84 103.31
Valuation Parameters
PER(x) 28.78 28.15 12.37 10.69 12.46
PCE(x) 25.85 24.88 21.52 18.29 21.85
Price/Book(x) 9.46 8.83 7.17 5.10 6.48
Yield(%) 1.98 2.45 3.80 2.00 1.70
EV/Net Sales(x) 6.94 6.45 5.48 4.41 5.55
EV/Core EBITDA(x) 18.01 17.27 14.81 12.71 15.33
EV/EBIT(x) 19.41 18.81 16.29 14.14 16.79
EV/CE(x) 6.03 8.57 7.02 4.95 6.31
M Cap / Sales 7.05 6.54 5.53 4.47 5.58
Growth Ratio
Net Sales Growth(%) 17.31 18.21 16.28 11.93 14.66
Core EBITDA Growth(%) 20.99 19.33 23.82 7.42 17.24
EBIT Growth(%) 22.29 20.48 25.28 5.72 16.91
PAT Growth(%) 23.55 22.82 24.43 4.60 15.56
EPS Growth(%) 22.29 -39.40 23.01 4.44 15.36
Financial Stability Ratios
Total Debt/Equity(x) 0.00 0.01 0.01 0.01 0.02
Current Ratio(x) 1.59 1.07 1.01 1.73 1.58
Quick Ratio(x) 0.97 0.45 0.45 0.76 0.67
Interest Cover(x) 91.83 83.61 67.63 102.27 121.98
Total Debt/Mcap(x) 0.00 0.00 0.00 0.01 0.01
Ratios For ITC Ltd.
Mar' 12 Mar' 11 Mar' 10 Mar' 09 Mar' 08
PER SHARE RATIOS
Adjusted E P S (Rs.) 7.69 6.24 10.38 8.43 7.87
Adjusted Cash EPS (Rs.) 8.58 7.08 11.98 9.89 9.03
Reported EPS (Rs.) 7.88 6.45 10.64 8.65 8.28
Reported Cash EPS (Rs.) 8.78 7.29 12.23 10.10 9.44
Dividend Per Share 4.50 4.45 10.00 3.70 3.50
Operating Profit Per Share (Rs.) 11.41 9.30 16.06 13.04 11.76
Book Value (Excl Rev Res) Per Share (Rs.) 23.97 20.55 36.69 36.24 31.85
Book Value (Incl Rev Res) Per Share (Rs.) 24.04 20.62 36.84 36.39 32.00
Net Operating Income Per Share (Rs.) 32.09 27.29 48.63 39.70 37.23
Free Reserves Per Share (Rs.) 22.50 19.07 34.73 34.27 29.88
PROFITABILITY RATIOS
Operating Margin (%) 35.55 34.08 33.02 32.84 31.57
Gross Profit Margin (%) 32.77 30.97 29.74 29.17 28.44
Net Profit Margin (%) 23.97 22.91 21.30 21.18 21.50
Adjusted Cash Margin (%) 26.10 25.17 23.98 24.22 23.45
Adjusted Return On Net Worth (%) 32.07 30.34 28.29 23.26 24.71
Reported Return On Net Worth (%) 32.88 31.36 28.98 23.85 25.99
Return On long Term Funds (%) 46.95 44.95 42.64 34.75 36.88
LEVERAGE RATIOS
Long Term Debt / Equity 0.00 0.01 0.01 0.01 0.01
Total Debt/Equity 0.00 0.01 0.01 0.01 0.01
Owners fund as % of total Source 99.57 99.37 99.23 98.71 98.24
Fixed Assets Turnover Ratio 1.44 1.69 1.58 1.44 1.59
LIQUIDITY RATIOS
Current Ratio 1.08 1.08 0.92 1.44 1.39
Current Ratio (Inc. ST Loans) 1.08 1.08 0.92 1.42 1.36
Quick Ratio 0.50 0.50 0.39 0.60 0.56
Inventory Turnover Ratio 6.53 6.05 6.04 5.26 5.51
PAYOUT RATIOS
Dividend payout Ratio (Net Profit) 66.35 80.24 109.63 50.06 49.45
Dividend payout Ratio (Cash Profit) 59.59 70.91 95.34 42.84 43.36
Earning Retention Ratio 31.98 17.06 -12.31 48.67 47.98
Cash Earnings Retention Ratio 39.06 26.99 2.64 56.23 54.68
COVERAGE RATIOS
Adjusted Cash Flow Time Total Debt 0.01 0.01 0.02 0.04 0.06
Financial Charges Coverage Ratio 109.56 100.46 73.42 112.17 199.51
Fin. Charges Cov.Ratio (Post Tax) 79.84 73.25 52.72 81.02 145.60
COMPONENT RATIOS
Material Cost Component(% earnings) 39.59 40.72 38.45 45.80 44.95
Selling Cost Component 6.67 6.80 6.66 7.12 7.44
Exports as percent of Total Sales 10.44 13.32 12.68 14.85 15.45
Import Comp. in Raw Mat. Consumed 13.03 13.34 12.03 12.98 12.78
Long term assets / Total Assets 0.61 0.58 0.63 0.56 0.57
Bonus Component In Equity Capital (%) 90.87 91.81 85.85 86.84 86.98
Cash Flow For ITC Ltd.
(Rs in Cr)
Mar' 12 Mar' 11 Mar' 10 Mar' 09 Mar' 08
Profit Before Tax 8,897.53 7,268.16 6,015.31 4,825.74 4,571.77
Net CashFlow-Operating Activity 6,015.59 5,264.24 4,630.65 3,279.03 2,722.96
Net Cash Used In Investing Activity -2,210.19 -616.22 -3,531.56 -1,260.74 -1,736.78
NetCash Used in Fin. Activity -3,246.55 -3,551.64 -1,009.86 -1,556.15 -1,316.09
Net Inc/Dec In Cash And Equivlnt 558.85 1,096.38 89.23 462.14 -329.91
Cash And Equivalnt Begin of Year 2,178.92 1,082.93 993.70 570.25 900.16
Cash And Equivalnt End Of Year 2,737.77 2,179.31 1,082.93 1,032.39 570.25
Key Financial Ratios of Colgate Palmolive (India)
Mar '12
Mar '11 Mar '10 Mar '09 Mar '08
Investment Valuation RatiosFace Value 1.00 1.00 1.00 1.00 1.00Dividend Per Share 25.00 22.00 20.00 15.00 13.00Operating Profit Per Share (Rs) 42.54 38.25 35.77 24.63 20.21Net Operating Profit Per Share (Rs) 197.66 167.98 148.16 128.74 111.69Free Reserves Per Share (Rs) -- 27.24 22.98 14.89 10.91Bonus in Equity Capital 82.27 82.27 82.27 82.27 82.27Profitability RatiosOperating Profit Margin(%) 21.52 22.77 -- 18.79 18.09Profit Before Interest And Tax Margin(%) 19.69 20.93 -- 17.10 16.51Gross Profit Margin(%) 20.06 21.27 -- 17.47 16.78Cash Profit Margin(%) 17.70 18.54 -- 17.41 15.43Adjusted Cash Margin(%) 17.70 18.54 21.87 17.41 15.43Net Profit Margin(%) 16.30 17.34 20.70 16.21 15.00Adjusted Net Profit Margin(%) 16.30 17.34 -- 16.21 15.00Return On Capital Employed(%) 135.27 135.93 -- 156.03 167.88Return On Net Worth(%) 102.54 104.82 -- 134.17 142.84Adjusted Return on Net Worth(%) 102.33 103.15 125.63 133.44 134.65Return on Assets Excluding Revaluations 32.02 28.24 23.98 15.90 11.93Return on Assets Including Revaluations 32.02 28.24 23.98 15.90 11.93
Return on Long Term Funds(%) 135.27 135.93 144.74 158.71 167.88Liquidity And Solvency RatiosCurrent Ratio 1.09 1.12 1.10 1.01 0.81Quick Ratio 0.76 0.83 0.84 0.80 0.59Debt Equity Ratio -- -- 0.01 0.02 0.03Long Term Debt Equity Ratio -- -- 0.01 0.02 0.03Debt Coverage RatiosInterest Cover 389.32 158.91 -- 313.44 195.25Total Debt to Owners Fund -- 0.00 0.01 0.02 0.03Financial Charges Coverage Ratio 415.31 64.60 69.65 53.20 209.07Financial Charges Coverage Ratio Post Tax 322.11 51.72 63.17 45.58 176.29Management Efficiency RatiosInventory Turnover Ratio 12.89 16.24 -- 23.00 22.26Debtors Turnover Ratio 41.28 86.64 187.53 172.32 164.10Investments Turnover Ratio 12.89 16.24 19.84 23.00 22.26Fixed Assets Turnover Ratio 5.14 4.24 -- 4.55 3.72Total Assets Turnover Ratio 6.17 6.65 -- 9.72 12.05Asset Turnover Ratio 6.56 4.24 7.30 9.03 3.72Average Raw Material Holding -- 20.12 15.60 14.40 13.22Average Finished Goods Held -- 26.20 22.01 19.17 22.59Number of Days In Working Capital 8.63 12.30 10.11 0.83 -24.81Profit & Loss Account RatiosMaterial Cost Composition 41.07 39.88 39.47 42.88 42.07Imported Composition of Raw Materials Consumed
11.60 8.38 9.77 17.38 11.27
Selling Distribution Cost Composition -- 18.48 17.37 18.08 19.55Expenses as Composition of Total Sales 3.69 3.12 3.16 4.25 4.31Cash Flow Indicator RatiosDividend Payout Ratio Net Profit 88.50 86.65 75.08 82.05 98.24Dividend Payout Ratio Cash Profit 81.34 79.86 68.96 76.03 90.49Earning Retention Ratio 11.32 11.94 22.44 17.50 -4.21Cash Earning Retention Ratio 18.51 18.95 28.95 23.58 4.47AdjustedCash Flow Times -- 0.00 0.01 0.02 0.02
Mar '12
Mar '11 Mar '10 Mar '09 Mar '08
Earnings Per Share 32.83 29.60 31.12 21.34 17.04
Book Value 32.02 28.24 23.98 15.90 11.93
Cash Flow of Colgate Palmolive (India) ------------------- in Rs. Cr. -------------------
Mar '12 Mar '11 Mar '10 Mar '09 Mar '08
12 mths 12 mths 12 mths 12 mths 12 mths
Net Profit Before Tax 588.39 519.95 484.80 345.31 292.05Net Cash From Operating Activities 402.84 385.43 397.35 319.38 281.40Net Cash (used in)/fromInvesting Activities
-10.24 -14.50 34.52 41.83 26.09
Net Cash (used in)/from Financing Activities -398.05 -322.99 -337.46 -255.13 -274.95Net (decrease)/increase In Cash and Cash Equivalents
-5.45 47.93 94.41 106.08 32.54
Opening Cash & Cash Equivalents 161.11 347.67 253.17 145.06 111.72Closing Cash & Cash Equivalents 155.65 395.61 347.58 251.14 144.26
Ratios(Rs crore)
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08
Per share ratios
Adjusted EPS (Rs) 32.76 29.13 30.13 21.22 16.06
Adjusted cash EPS (Rs) 35.65 31.65 32.89 22.91 17.52
Reported EPS (Rs) 32.83 29.60 31.12 21.34 17.04
Reported cash EPS (Rs) 35.72 32.12 33.89 23.03 18.50
Dividend per share 25.00 22.00 20.00 15.00 13.00
Operating profit per share (Rs) 42.54 38.25 35.77 24.63 20.21
Book value (excl rev res) per share EPS (Rs) 32.02 28.24 23.98 15.90 11.93
Book value (incl rev res) per share EPS (Rs) 32.02 28.24 23.98 15.90 11.93
Net operating income per share EPS (Rs) 197.66 167.98 148.16 128.74 111.69
Free reserves per share EPS (Rs) - 27.24 22.98 14.89 10.91
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08
Profitability ratios
Operating margin (%) 21.52 22.77 24.14 19.12 18.09
Gross profit margin (%) 20.06 21.27 22.27 17.81 16.78
Net profit margin (%) 16.30 17.34 20.70 16.21 15.00
Adjusted cash margin (%) 17.70 18.54 21.87 17.41 15.43
Adjusted return on net worth (%) 102.33 103.15 125.63 133.44 134.65
Reported return on net worth (%) 102.54 104.82 129.78 134.17 142.84
Return on long term funds (%) 135.27 135.93 144.74 158.71 167.88
Leverage ratios
Long term debt / Equity - - 0.01 0.02 0.02
Total debt/equity - - 0.01 0.02 0.02
Owners fund as % of total source 100.00 99.98 98.61 97.87 97.19
Fixed assets turnover ratio 6.56 4.24 4.08 4.55 3.72
Liquidity ratios
Current ratio 1.09 1.12 1.10 1.01 0.80
Current ratio (inc. st loans) 1.09 1.12 1.10 1.01 0.80
Quick ratio 0.76 0.83 0.84 0.80 0.59
Inventory turnover ratio 12.89 16.24 19.84 23.00 22.26
Payout ratios
Dividend payout ratio (net profit) 88.50 86.65 75.08 82.05 98.24
Dividend payout ratio (cash profit) 81.34 79.86 68.96 76.03 90.49
Earning retention ratio 11.32 11.94 22.44 17.50 -4.21
Cash earnings retention ratio 18.51 18.95 28.95 23.58 4.47
Coverage ratios
Adjusted cash flow time total debt - - 0.01 0.01 0.01
Financial charges coverage ratio 415.31 64.60 69.65 53.20 209.07
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08
Fin. charges cov.ratio (post tax) 322.11 51.72 63.17 45.58 176.29
Component ratios
Material cost component (% earnings) 41.07 39.88 39.47 42.88 42.07
Selling cost Component - 18.48 17.37 18.08 19.55
Exports as percent of total sales 3.69 3.12 3.16 4.25 4.31
Import comp. in raw mat. consumed 11.60 8.38 9.77 17.38 11.27
Long term assets / total Assets 0.32 0.26 0.27 0.23 0.34
Bonus component in equity capital (%) 82.27 82.27 82.27 82.27 82.27
Cash flow(Rs crore)
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08
Profit before tax 588.39 519.95 484.80 345.31 292.05
Net cashflow-operating activity 402.84 385.43 397.35 319.38 281.40
Net cash used in investing activity -10.24 -14.50 34.52 41.83 26.09
Netcash used in fin. activity -398.05 -322.99 -337.46 -255.13 -274.95
Net inc/dec in cash and equivlnt -5.45 47.93 94.41 106.08 32.54
Cash and equivalnt begin of year 161.11 347.67 253.17 145.06 111.72
Cash and equivalnt end of year 155.65 395.61 347.58 251.14 144.26
http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=CL
Annual Financials for Colgate-Palmolive Co.View RatiosOperating Activities
Fiscal year is January-December. All values USD millions. 2008 2009 2010 2011
Net Income before Extraordinaries 1.96B 2.29B 2.2B 2.43B
Depreciation, Depletion & Amortization 347.6M 351M 376M 421M
Fiscal year is January-December. All values USD millions. 2008 2009 2010 2011
Depreciation and Depletion 328.8M 329M 354M
Amortization of Intangible Assets 18.8M 22M 22M
Deferred Taxes & Investment Tax Credit (6.1M) (23M) 29M 88M
Deferred Taxes (6.1M) (23M) 29M
Investment Tax Credit 0 0 0
Other Funds 49.9M 94M 538M (37M)
Funds from Operations 2.35B 2.71B 3.15B 2.9B
Extraordinaries 0 0 0 0
Changes in Working Capital (110.3M) 564M 65M (7M)
Receivables (69.8M) 57M 40M
Accounts Payable 125.2M 294M (65M)
Other Assets/Liabilities (31M) 169M 100M
Net Operating Cash Flow 2.24B 3.28B 3.21B 2.9B
Investing Activities
2008 2009 2010 2011
Capital Expenditures (683.5M) (575M) (550M) (537M)
Capital Expenditures (Fixed Assets) (683.5M) (575M) (550M)
Capital Expenditures (Other Assets) 0 0 0
Net Assets from Acquisitions 0 0 0 (966M)
Sale of Fixed Assets & Businesses 57.5M 17M 42M 263M
Purchase/Sale of Investments 10.4M (289M) (141M) 67M
Purchase of Investments 0 (289M) (308M)
Sale/Maturity of Investments 10.4M 0 167M
Other Uses 0 0 (9M) (40M)
2008 2009 2010 2011
Other Sources 2.2M 6M 0 0
Net Investing Cash Flow (613.4M) (841M) (658M) (1.21B)
Financing Activities
2008 2009 2010 2011
Cash Dividends Paid - Total (825.2M) (894M) (1.03B) (1.2B)
Common Dividends (796.7M) (864M) (997M) (1.2B)
Preferred Dividends (28.5M) (30M) (34M) 0
Change in Capital Stock (835.7M) (763M) (1.78B) (1.45B)
Repurchase of Common & Preferred Stk. (1.07B) (1.06B) (2.02B) (1.81B)
Sale of Common & Preferred Stock 237.2M 300M 242M 353M
Proceeds from Stock Options 0 0 0
Other Proceeds from Sale of Stock 237.2M 300M 242M
Issuance/Reduction of Debt, Net 195M (526M) 296M 1.41B
Change in Current Debt 0 0 0 0
Change in Long-Term Debt 195M (526M) 296M 1.41B
Issuance of Long-Term Debt 2.51B 3.42B 5.02B
Reduction in Long-Term Debt (2.32B) (3.95B) (4.72B)
Other Funds 0 (87M) (111M) 0
Other Uses 0 (87M) (111M) 0
Other Sources 0 0 0 0
Net Financing Cash Flow (1.47B) (2.27B) (2.62B) (1.24B)
Exchange Rate Effect (32.8M) (121M) (39M) (53M)
Miscellaneous Funds 0 0 0 0
Net Change in Cash 126.2M 45M (110M) 388M
2008 2009 2010 2011
Free Cash Flow 729.6M 1.81B 1.63B 1.16B
http://www.marketwatch.com/investing/stock/cl/financials/cash-flow
http://www.wikinvest.com/stock/Colgate-Palmolive_Company_(CL)/Data/Cash_Flow_Statement