Ipca Laboratories LTD
Ipca Laboratories LTD
Ipca Laboratories LTD
BY,
BHOOPENDRA TIWARI
13 (A)
BALANCE SHEET OF IPCA LABS. LTD. ON
31 MARCH 2008
AMT.Rs. % AMT.Rs. %
2008 2007
NET SALE 1041.94 100 907.26 100
LESS: COGS 435.79 41 397.23 42
GROSS PROFIT (A) 606.15 58 510.03 56
LESS: OPER. EXP. 392.96 37 322.15 35
EBITDA 213.19 20 187.88 20
LESS: DEP. & AMOR. 16.24 1.7 12.16 1.3
EBIT 196.95 18 176.72 17
LESS: INTEREST 8.52 .8 4.71 .5
EBT 188.43 17 172.01 16
LESS: TAXES 47.31 4 44.21 4
EAT 141.12 14 127.80 14
LIQUIDITY RATIOS
CURRENT RATIO = CURRENT ASSETS
CURRENT LIABILITIES
= 605.42
160.30
= 3.77
QUICK ASSET RATIO = QUICK ASSETS
CURRENT LIABILITIES
= 345.90
160.30
= 2.15
TURNOVER RATIOS
CAPITAL TURNOVER RATIO = NET SALES
CAPITAL EMPLOYED
= 1041.94
986.16
= 1.05
FIXED ASSET TURNOVER RATIO = NETSALES
NET FIXEDASSETS
= 1041.94
541.04
= 1.92
STOCK TURNOVER RATIO = COGS
AVERAGE STOCK
= 435.79
245.86
= 1.77
DEBTOR TURNOVER RATIO
= NET CREDIT SALES
AVERAGE ACCOUNT RECIEVABLES
= 1041.41(ASSUMPTION)
226.39
= 4.60
AVERAGE COLLECTION PERIOD = 365 DAYS
DEBTOR TURNOVER RATIO
= 365
4.60
= 79.34 DAYS
= 435.79+392.96 X 100
1041.94
= 828.75 X 100
1041.94
= 79.53
.OVERALL PROFIBILITY RATIO
RETURN ON INVESTMENT=
NET PROFIT X 100
CAPITAL EMPLOYED
= 196.96 X 100
986.16
= 19.97
RETURN ON EQUITY = EARNING AFTER TAX X 100
EQUITY SHAREHOLDER;S FUND
= 141.12 X 100
607.70
= 23.22
VALUATION RATIOS
EARNING PER SHARE =
EARNING AFTER TAX
NO.OF SHARE OUTSTANDING
= 141.12
2.5
= 56.44
PRICE EARNING RATIO =
MARKET PRICE PER SHARE
EARNING PER SHARE
= 63.50
56.44
= 1.12
MARKET VALUE TO BOOK VALUE RATIO
= MARKET PRICE PER SHARE
BOOK VALUE PER SHARE
= 63.50
45
= 1.41