The health of our business

Operations-fiscal years

Ratios

Balance sheet ratios

Ratios	2013-15^*	2015-16	2016-17	2017-18	2018-19	2019-20	2020-21	2021-22
Earnings per share	(13.19)	22.02	8.87	5.39	5.05	3.90	4.86	8.24
Book Value per share	44.60	52.66	15.19	19.43	24.62	25.69	30.74	35.76
Inventory turnover ratio (net revenue/closing inventory)	3.33	1.55	2.08	2.51	1.60	1.54	2.08	2.45
Fixed Assets Turnover ratio	2.85	2.23	3.59	4.19	3.23	3.09	4.48	3.72
Fixed Assets coverage ratio	1.47	1.18	2.31	6.33	2.32	1.18	2.08	2.12

Profitability ratios

Ratios	2013-15^*	2015-16	2016-17	2017-18	2018-19	2019-20	2020-21	2021-22
EBIDTA margin (%)	8.42	15.16	24.16	11.05	14.74	10.55	11.29	14.87
Net profit margin (%)	(2.33)	4.91	17.32	7.06	9.90	5.33	6.49	11.06
Return on capital employed (%)	7.55	13.03	33.32	18.46	12.02	8.00	14.16	20.98

P&L figures

RS IN CRORES

Ratios	2013-15^*	2015-16	2016-17	2017-18	2018-19	2019-20	2020-21	2021-22
INCOME FROM OPERATION	1176.43	831.51	1256.10	1458.28	1084.12	1336.13	1838.85	1974.06
EBITDA	95.87	121.74	291.15	159.97	165.15	141.47	208.34	293.97
CASH PROFIT	20.66	63.78	191.68	114.07	119.76	95.85	139.58	223.80
PBT	(26.59)	39.39	208.71	102.16	110.94	71.57	119.80	218.68

Financials

Liquidity and solvency ratios

Ratios	2013-15^*	2015-16	2016-17	2017-18	2018-19	2019-20	2020-21	2021-22
Current ratio	0.82	0.97	1.12	1.07	1.29	1.21	1.41	1.62
Quick ratio	0.11	0.13	0.10	0.10	0.17	0.20	0.18	0.16
Debt-equity ratio (incl working capital)	6.01	5.60	1.73	0.89	1.37	1.70	1.04	0.77
Debt-equity ratio (only long-term debt)	2.61	2.58	0.50	0.15	0.33	0.77	0.34	0.37
Interest Cover	0.65	1.76	4.54	6.29	7.00	4.04	3.78	7.14
Receivables in days of turnover equivalent (considering sale of power & ethanol which are only sold on credit)	63.84	223.41	195.55	167.28	153.57	216.61	114.43	49.45
Payables in days of turnover equivalent	45.46	101.68	46.76	48.29	66.53	64.18	52.75	37.71

Stakeholder value creation

Ratios	2013-15^*	2015-16	2016-17	2017-18	2018-19	2019-20	2020-21	2021-22
For farmers through cane purchases (₹cr.)	1,168.57	632.16	800.88	1,033.70	1,063.27	1052.91	1275.30	1275.94
For equity shareholders through dividends (₹cr.)	---	---	18.83		18.83	18.83	23.54	37.66
For exchequer through taxes (₹cr.)	40.35	38.62	109.45	48.92	24.13	12.59	21.11	38.51
For employees through wages ( ₹cr.)	71.44	49.68	71.57	69.33	70.84	78.79	92.75	96.29