Balance sheet as at March 31 2020

2020 March 312019 March 32018 March 3 2017 March 2016 March

ASSETS
Non-Current Assets:
PPE 131289.43 138955.47 130448.8 127469.96 108651.32
Intagible assets
Other non current assets 27904.45 22676.97 19865.02 18032.92 8283.9
Current Assets:
Inventories 29692.18 24857.37 22670.55 29255.1 29266.15
Trade Receivables 13256.43 20978.64 20103.24 12989.62 10153.83
Cash & Bank balance 42126.85 39935.2 45616.14 29430.44 28830.45
Other current assets 16127.64 15244.65 17682.01 13887.02 9181.4
TOTAL ASSETS 260396.98 262648.3 256385.76 231065.06 194367.05
EQUITY & LIABILITIES
Equity:
Equity share capital 2719.86 2719.86 2719.86 2719.86 2719.86
Other equity 156696.03 141955.46 149740.83 124659.85 99227.21
Non-current liabilities:
Borrowings 118.13 7889.22 133.13 114.23 6425.04
Other non-current liabilities 13832.654 4973.29 5513.02 5316.03 2340.71
Current Liabilities:
Trade Payables 61251.34 61318.2 77269.24 72564.12 55194.06
Short -term borrowings 2552.47 21976.72
Other current liabilities 23226.51 21815.55 21009.68 25690.97 28460.17
TOTAL EQUITY & LIABILITIES 260396.994 262648.3 256385.76 231065.06 194367.05

Statement of Profit and Loss of Colgate Palmolive (India) Ltd

2020 March 312019 March 32018 March 3 2017 March 2016 March
Net Sales 452508.34 446243.18 432842.44 452019.82 416228.98
Cost of sales 190516.6 185448.21 193645.97 230321.42 176508.72
Gross profit (3) 261991.74 260794.97 239196.47 221698.4 239720.26
Selling, general & Administration e 141824.59 137189.16 127959.3 127343.62 146590.32
Depreciation & Amortisation expens 19794.04 15916.83 15651 13324.28 11141.11
Operating Profit (6) = [3-4-5] 100373.11 107688.98 95586.17 81030.5 81988.83
Other Income (7) 4924.27 3765.54 3882.05 4112.43 3960.51
Exceptional Items (8) 0 3050.52 -1165.07 0 -3134.47
EBIT (9 = 6+7+8) 105297.38 114505.04 98303.15 85142.93 82814.87
Finance cost (10) 961.55 249.53
EBT (11 = 9-10) 104335.83 114255.51 98303.15 85142.93 82814.87
Tax expense (12) 22689.23 36698.63 30965.66 27399.69 25163.79
PAT [11-12] 81646.6 77556.88 67337.49 57743.24 57651.08
Additional Information:
EPS (Basic and Diluted) 30.02 28.52 24.76 21.23 21.20

DABUR
 Balance sheet as at March 31 2020 (CRORES)
2020 March 312019 March 32018 March 3 2017 March 2016 March
ASSETS
Non-Current Assets:
PPE 1166.58 993.57 998.16 957.43 698.45
Intangible assets 25.15 15.37 8.78 12.8 17.04
Other non current assets 1643.19 2445.49 2846.92 2461.18 1787.07
Current Assets:
Inventories 809.14 732.9 704.79 599.27 615.56
Trade Receivables 379.63 431.46 321.34 333.25 420.69
Cash & Bank balance 525.6 124.71 87.02 26.16 54.16
Other current assets 1550.82 835.28 845.69 826.93 862.04
TOTAL ASSETS 6100.11 5578.78 5812.7 5217.02 4455.01
EQUITY & LIABILITIES
Equity:
Equity share capital 176.71 176.63 176.15 176.15 175.91
Other equity 4397.52 3792.19 4050.71 3481.73 2695.87
Non-current liabilities:
Borrowings 29.34 30.61 205.29 204.35
Other non-current liabilities 54.69 61.08 146.07 145.8 109.5
Current Liabilities:
Trade Payables 1032.45 998.32 960.62 914.52 931.34
Short -term borrowings 226.57 373.55 167.09 159.56 86.51
Other current liabilities 182.83 146.4 106.77 134.91 455.88
TOTAL EQUITY & LIABILITIES 6100.11 5578.78 5812.7 5217.02 4455.01

Statement of Profit and Loss of Colgate Palmolive (India) Ltd

2020 March 312019 March 32018 March 3 2017 March 2016 March
Net Sales 6309.8 6273.19 5609.06 5369.84 5750
Cost of sales 3822.96 3829.84 3380.59 3284.08 3243.89
Gross profit (3) 2486.84 2443.35 2228.47 2085.76 2506.11
Selling, general & Administration e 1106.07 1076.11 999.64 974.39 1407.36
Depreciation & Amortisation expens 129.93 108.83 102.5 75.43 72.82
Operating Profit (6) = [3-4-5] 1250.84 1258.41 1126.33 1035.94 1025.93
Other Income (7) 276.9 274.74 283.23 274.64 196.64
Exceptional Items (8) -100 0 -14.54 0
EBIT (9 = 6+7+8) 1427.74 1533.15 1395.02 1310.58 1222.57
Finance cost (10) 19.27 29.8 21.89 16.23 9.83
EBT (11 = 9-10) 1408.47 1503.35 1373.13 1294.35 1212.74
Tax expense (12) 238.12 239.06 301.08 296.02 273.23
PAT [11-12] 1170.35 1264.29 1072.05 998.33 939.51
Additional Information:
EPS ( Basic ) 6.62 7.16 6.09 5.67 5.34
EPS(Diluted) 6.6 7.13 6.06 5.64 5.31
2015 March 31

92276.46

8941.55

25222.53
6964.36
26145
10639.9
170189.8

1359.93
75671.62

6085.99
413.28

51440.56

35218.42
170189.8

2015 March 31
398194.33
172664.99 Cost of Sales:
225529.34 1. Cost of material consumed
143305.66 2. Purchases of stock in trade
7502.04 3. Changes in inventories of finaished goods, stock in trade and work in progress.
74721.64 4. Employees costs
3317.3
0
78038.94

78038.94
22140.55
55898.39

20.55
2015 March 31

674.65
20.09
1401.3

550.6
338.79
123.94
578.99
3688.36

175.65
2160.54

93.14

756.64
129.13
373.26
3688.36

2015 March 31
5431.28
3219.08
2212.2
1273.7
65.97
872.53
137.85
-23.96
986.42
9.89
976.53
213.95
762.58

4.34
4.32
work in progress.
 Balance sheet as at March 31 2020
2020 March 2019 March 32018 March 3 2017 March 2016 March 2015 March 31
ASSETS
Non-Current Assets:
PPE 131289.43 138955.47 130448.8 127469.96 108651.32 92276.46
Intagible assets
Other non current assets 27904.45 22676.97 19865.02 18032.92 8283.9 8941.55
Current Assets:
Inventories 29692.18 24857.37 22670.55 29255.1 29266.15 25222.53
Trade Receivables 13256.43 20978.64 20103.24 12989.62 10153.83 6964.36
Cash & Bank balance 42126.85 39935.2 45616.14 29430.44 28830.45 26145
Other current assets 16127.64 15244.65 17682.01 13887.02 9181.4 10639.9
TOTAL ASSETS 260396.98 262648.3 256385.76 231065.06 194367.05 170189.8
EQUITY & LIABILITIES
Equity:
Equity share capital 2719.86 2719.86 2719.86 2719.86 2719.86 1359.93
Other equity 156696.03 141955.46 149740.83 124659.85 99227.21 75671.62
Non-current liabilities:
Borrowings 118.13 7889.22 133.13 114.23 6425.04 6085.99
Other non-current liabilities 13832.654 4973.29 5513.02 5316.03 2340.71 413.28
Current Liabilities:
Trade Payables 61251.34 61318.2 77269.24 72564.12 55194.06 51440.56
Short -term borrowings 2552.47 21976.72
Other current liabilities 23226.51 21815.55 21009.68 25690.97 28460.17 35218.42
TOTAL EQUITY & LIABILITIES 260396.994 262648.3 256385.76 231065.06 194367.05 170189.8

Statement of Profit and Loss of Colgate Palmolive (India) Ltd

2020 March 2019 March 32018 March 3 2017 March 2016 March 2015 March 31
Net Sales 452508.34 446243.18 432842.44 452019.82 416228.98 398194.33
Cost of sales 190516.6 185448.21 193645.97 230321.42 176508.72 172664.99
Gross profit (3) 261991.74 260794.97 239196.47 221698.4 239720.26 225529.34
Selling, general & Administration 141824.59 137189.16 127959.3 127343.62 146590.32 143305.66
Depreciation & Amortisation exp 19794.04 15916.83 15651 13324.28 11141.11 7502.04
Operating Profit (6) = [3-4-5] 100373.11 107688.98 95586.17 81030.5 81988.83 74721.64
Other Income (7) 4924.27 3765.54 3882.05 4112.43 3960.51 3317.3
Exceptional Items (8) 0 3050.52 -1165.07 0 -3134.47 0
EBIT (9 = 6+7+8) 105297.38 114505.04 98303.15 85142.93 82814.87 78038.94
Finance cost (10) 961.55 249.53
EBT (11 = 9-10) 104335.83 114255.51 98303.15 85142.93 82814.87 78038.94
Tax expense (12) 22689.23 36698.63 30965.66 27399.69 25163.79 22140.55
PAT [11-12] 81646.6 77556.88 67337.49 57743.24 57651.08 55898.39
Additional Information:
EPS (Basic and Diluted) 30.02 28.52 24.76 21.23 21.20 20.55
DABUR
Balance sheet as at March 31 2020 (CRORES)
2020 March 2019 March 32018 March 3 2017 March 2016 March 2015 March 31
ASSETS
Non-Current Assets:
PPE 1166.58 993.57 998.16 957.43 698.45 674.65
Intangible assets 25.15 15.37 8.78 12.8 17.04 20.09
Other non current assets 1643.19 2445.49 2846.92 2461.18 1787.07 1401.3
Current Assets:
Inventories 809.14 732.9 704.79 599.27 615.56 550.6
Trade Receivables 379.63 431.46 321.34 333.25 420.69 338.79
Cash & Bank balance 525.6 124.71 87.02 26.16 54.16 123.94
Other current assets 1550.82 835.28 845.69 826.93 862.04 578.99
TOTAL ASSETS 6100.11 5578.78 5812.7 5217.02 4455.01 3688.36
EQUITY & LIABILITIES
Equity:
Equity share capital 176.71 176.63 176.15 176.15 175.91 175.65
Other equity 4397.52 3792.19 4050.71 3481.73 2695.87 2160.54
Non-current liabilities:
Borrowings 29.34 30.61 205.29 204.35
Other non-current liabilities 54.69 61.08 146.07 145.8 109.5 93.14
Current Liabilities:
Trade Payables 1032.45 998.32 960.62 914.52 931.34 756.64
Short -term borrowings 226.57 373.55 167.09 159.56 86.51 129.13
Other current liabilities 182.83 146.4 106.77 134.91 455.88 373.26
TOTAL EQUITY & LIABILITIES 6100.11 5578.78 5812.7 5217.02 4455.01 3688.36

Statement of Profit and Loss of Colgate Palmolive (India) Ltd

2020 March 2019 March 32018 March 3 2017 March 2016 March 2015 March 31
Net Sales 6309.8 6273.19 5609.06 5369.84 5750 5431.28
Cost of sales 3822.96 3829.84 3380.59 3284.08 3243.89 3219.08
Gross profit (3) 2486.84 2443.35 2228.47 2085.76 2506.11 2212.2
Selling, general & Administration 1106.07 1076.11 999.64 974.39 1407.36 1273.7
Depreciation & Amortisation exp 129.93 108.83 102.5 75.43 72.82 65.97
Operating Profit (6) = [3-4-5] 1250.84 1258.41 1126.33 1035.94 1025.93 872.53
Other Income (7) 276.9 274.74 283.23 274.64 196.64 137.85
Exceptional Items (8) -100 0 -14.54 0 -23.96
EBIT (9 = 6+7+8) 1427.74 1533.15 1395.02 1310.58 1222.57 986.42
Finance cost (10) 19.27 29.8 21.89 16.23 9.83 9.89
EBT (11 = 9-10) 1408.47 1503.35 1373.13 1294.35 1212.74 976.53
Tax expense (12) 238.12 239.06 301.08 296.02 273.23 213.95
PAT [11-12] 1170.35 1264.29 1072.05 998.33 939.51 762.58
Additional Information:
EPS ( Basic ) 6.62 7.16 6.09 5.67 5.34 4.34
EPS(Diluted) 6.6 7.13 6.06 5.64 5.31 4.32
2020 Marc2019 Marc2018 Marc2017 Marc2016 March 31

94.48 106.52 102.34 117.32 117.75

123.05 114.16 110.16 217.69 92.65

119.45 109.65 77.49 99.96 116.03

63.19 104.35 154.76 127.93 145.80
105.49 87.55 155.00 102.08 110.27
105.79 86.22 127.33 151.25 86.29
99.14 102.44 110.96 118.88 114.21

100.00 100.00 100.00 100.00 200.00

110.38 94.80 120.12 125.63 131.13

1.50 5925.95 116.55 1.78 105.57

278.14 90.21 103.71 227.11 566.37

99.89 79.36 106.48 131.47 107.30

11.61
106.47 103.84 81.78 90.27 80.81
99.14 102.44 110.96 118.88 114.21

2020 Marc2019 Marc2018 Marc2017 Marc2016 March 31

101.40 103.10 95.76 108.60 104.53
102.73 95.77 84.08 130.49 102.23
100.46 109.03 107.89 92.48 106.29
103.38 107.21 100.48 86.87 102.29
124.36 101.70 117.46 119.60 148.51
93.21 112.66 117.96 98.83 109.73
130.77 97.00 94.40 103.84 119.39
0.00 -261.83 0.00
91.96 116.48 115.46 102.81 106.12
385.34
91.32 116.23 115.46 102.81 106.12
61.83 118.51 113.01 108.89 113.65
105.27 115.18 116.62 100.16 103.14

105.27 115.18 116.62 100.16 103.15

2020 Marc2019 Marc2018 Marc2017 Marc2016 March 31

117.41 99.54 104.25 137.08 103.53

163.63 175.06 68.59 75.12 84.82
67.19 85.90 115.67 137.72 127.53

110.40 103.99 117.61 97.35 111.80

87.99 134.27 96.43 79.22 124.17
421.46 143.31 332.65 48.30 43.70
185.66 98.77 102.27 95.93 148.89
109.34 95.98 111.42 117.10 120.79

100.05 100.27 100.00 100.14 100.15

115.96 93.62 116.34 129.15 124.78

95.85 14.91 100.46

89.54 41.82 100.19 133.15 117.56

103.42 103.92 105.04 98.19 123.09

60.65
124.88 137.12 79.14 29.59 122.13
109.34 95.98 111.42 117.10 120.79

2020 Marc2019 Marc2018 Marc2017 Marc2016 March 31

100.58 111.84 104.45 93.39 105.87
99.82 113.29 102.94 101.24 100.77
101.78 109.64 106.84 83.23 113.29
102.78 107.65 102.59 69.24 110.49
119.39 106.18 135.89 103.58 110.38
99.40 111.73 108.73 100.98 117.58
100.79 97.00 103.13 139.67 142.65
0.00
93.12 109.90 106.44 107.20 123.94
64.66
93.69 109.48 106.09 106.73 124.19
99.61 79.40 101.71 108.34 127.71
92.57 117.93 107.38 106.26 123.20

92.53 117.61 107.38 106.12 123.02

92.57 117.66 107.45 106.21 122.92
 Balance sheet as at March 31 2020
2020 March 2019 March 32018 March 3 2017 March 2016 March 2015 March 31
ASSETS
Non-Current Assets:
PPE 131289.43 138955.47 130448.8 127469.96 108651.32 92276.46
Intagible assets
Other non current assets 27904.45 22676.97 19865.02 18032.92 8283.9 8941.55
Current Assets:
Inventories 29692.18 24857.37 22670.55 29255.1 29266.15 25222.53
Trade Receivables 13256.43 20978.64 20103.24 12989.62 10153.83 6964.36
Cash & Bank balance 42126.85 39935.2 45616.14 29430.44 28830.45 26145
Other current assets 16127.64 15244.65 17682.01 13887.02 9181.4 10639.9
TOTAL ASSETS 260396.98 262648.3 256385.76 231065.06 194367.05 170189.8
EQUITY & LIABILITIES
Equity:
Equity share capital 2719.86 2719.86 2719.86 2719.86 2719.86 1359.93
Other equity 156696.03 141955.46 149740.83 124659.85 99227.21 75671.62
Non-current liabilities:
Borrowings 118.13 7889.22 133.13 114.23 6425.04 6085.99
Other non-current liabilities 13832.654 4973.29 5513.02 5316.03 2340.71 413.28
Current Liabilities:
Trade Payables 61251.34 61318.2 77269.24 72564.12 55194.06 51440.56
Short -term borrowings 2552.47 21976.72
Other current liabilities 23226.51 21815.55 21009.68 25690.97 28460.17 35218.42
TOTAL EQUITY & LIABILITIES 260396.994 262648.3 256385.76 231065.06 194367.05 170189.8

Statement of Profit and Loss of Colgate Palmolive (India) Ltd

2020 March 2019 March 32018 March 3 2017 March 2016 March 2015 March 31
Net Sales 452508.34 446243.18 432842.44 452019.82 416228.98 398194.33
Cost of sales 190516.6 185448.21 193645.97 230321.42 176508.72 172664.99
Gross profit (3) 261991.74 260794.97 239196.47 221698.4 239720.26 225529.34
Selling, general & Administration 141824.59 137189.16 127959.3 127343.62 146590.32 143305.66
Depreciation & Amortisation exp 19794.04 15916.83 15651 13324.28 11141.11 7502.04
Operating Profit (6) = [3-4-5] 100373.11 107688.98 95586.17 81030.5 81988.83 74721.64
Other Income (7) 4924.27 3765.54 3882.05 4112.43 3960.51 3317.3
Exceptional Items (8) 0 3050.52 -1165.07 0 -3134.47 0
EBIT (9 = 6+7+8) 105297.38 114505.04 98303.15 85142.93 82814.87 78038.94
Finance cost (10) 961.55 249.53
EBT (11 = 9-10) 104335.83 114255.51 98303.15 85142.93 82814.87 78038.94
Tax expense (12) 22689.23 36698.63 30965.66 27399.69 25163.79 22140.55
PAT [11-12] 81646.6 77556.88 67337.49 57743.24 57651.08 55898.39
Additional Information:
EPS (Basic and Diluted) 30.02 28.52 24.76 21.23 21.20 20.55
2015 March 31 2020 Marc2019 Marc2018 Marc2017 Marc2016 March 31

142.28 150.59 141.37 138.14 117.75

312.08 253.61 222.17 201.68 92.65

117.72 98.55 89.88 115.99 116.03

190.35 301.23 288.66 186.52 145.80
161.13 152.75 174.47 112.57 110.27
151.58 143.28 166.19 130.52 86.29
153.00 154.33 150.65 135.77 114.21

200.00 200.00 200.00 200.00 200.00

207.07 187.59 197.88 164.74 131.13

1.94 129.63 2.19 1.88 105.57

3347.04 1203.37 1333.97 1286.30 566.37

119.07 119.20 150.21 141.06 107.30

65.95 61.94 59.66 72.95 80.81

153.00 154.33 150.65 135.77 114.21

2015 March 31 2020 Marc2019 Marc2018 Marc2017 Marc2016 March 31

113.64 112.07 108.70 113.52 104.53
110.34 107.40 112.15 133.39 102.23
116.17 115.64 106.06 98.30 106.29
98.97 95.73 89.29 88.86 102.29
263.85 212.17 208.62 177.61 148.51
134.33 144.12 127.92 108.44 109.73
148.44 113.51 117.02 123.97 119.39

134.93 146.73 125.97 109.10 106.12

133.70 146.41 125.97 109.10 106.12

102.48 165.75 139.86 123.75 113.65
146.06 138.75 120.46 103.30 103.14

146.08 138.76 120.48 103.31 103.15

 Balance sheet as at March 31 2020
2020 March 2019 March 32018 March 3 2017 March 2016 March 2015 March 31
ASSETS
Non-Current Assets:
PPE 131289.43 138955.47 130448.8 127469.96 108651.32 92276.46
Intagible assets
Other non current assets 27904.45 22676.97 19865.02 18032.92 8283.9 8941.55
Current Assets:
Inventories 29692.18 24857.37 22670.55 29255.1 29266.15 25222.53
Trade Receivables 13256.43 20978.64 20103.24 12989.62 10153.83 6964.36
Cash & Bank balance 42126.85 39935.2 45616.14 29430.44 28830.45 26145
Other current assets 16127.64 15244.65 17682.01 13887.02 9181.4 10639.9
TOTAL ASSETS 260396.98 262648.3 256385.76 231065.06 194367.05 170189.8
EQUITY & LIABILITIES
Equity:
Equity share capital 2719.86 2719.86 2719.86 2719.86 2719.86 1359.93
Other equity 156696.03 141955.46 149740.83 124659.85 99227.21 75671.62
Non-current liabilities:
Borrowings 118.13 7889.22 133.13 114.23 6425.04 6085.99
Other non-current liabilities 13832.654 4973.29 5513.02 5316.03 2340.71 413.28
Current Liabilities:
Trade Payables 61251.34 61318.2 77269.24 72564.12 55194.06 51440.56
Short -term borrowings 2552.47 21976.72
Other current liabilities 23226.51 21815.55 21009.68 25690.97 28460.17 35218.42
TOTAL EQUITY & LIABILITIES 260396.994 262648.3 256385.76 231065.06 194367.05 170189.8

Statement of Profit and Loss of Colgate Palmolive (India) Ltd

2020 March 2019 March 32018 March 3 2017 March 2016 March 2015 March 31
Net Sales 452508.34 446243.18 432842.44 452019.82 416228.98 398194.33
Cost of sales 190516.6 185448.21 193645.97 230321.42 176508.72 172664.99
Gross profit (3) 261991.74 260794.97 239196.47 221698.4 239720.26 225529.34
Selling, general & Administration 141824.59 137189.16 127959.3 127343.62 146590.32 143305.66
Depreciation & Amortisation exp 19794.04 15916.83 15651 13324.28 11141.11 7502.04
Operating Profit (6) = [3-4-5] 100373.11 107688.98 95586.17 81030.5 81988.83 74721.64
Other Income (7) 4924.27 3765.54 3882.05 4112.43 3960.51 3317.3
Exceptional Items (8) 0 3050.52 -1165.07 0 -3134.47 0
EBIT (9 = 6+7+8) 105297.38 114505.04 98303.15 85142.93 82814.87 78038.94
Finance cost (10) 961.55 249.53
EBT (11 = 9-10) 104335.83 114255.51 98303.15 85142.93 82814.87 78038.94
Tax expense (12) 22689.23 36698.63 30965.66 27399.69 25163.79 22140.55
PAT [11-12] 81646.6 77556.88 67337.49 57743.24 57651.08 55898.39
Additional Information:
EPS (Basic and Diluted) 30.02 28.52 24.76 21.23 21.20 20.55
2015 March 31 2020 Marc2019 Marc2018 Marc2017 Marc2016 March 31

50.42 52.91 50.88 55.17 55.90

10.72 8.63 7.75 7.80 4.26

11.40 9.46 8.84 12.66 15.06

5.09 7.99 7.84 5.62 5.22
16.18 15.20 17.79 12.74 14.83
6.19 5.80 6.90 6.01 4.72
100.00 100.00 100.00 100.00 100.00

1.04 1.04 1.06 1.18 1.40

60.18 54.05 58.40 53.95 51.05

0.05 3.00 0.05 0.05 3.31

5.31 1.89 2.15 2.30 1.20

23.52 23.35 30.14 31.40 28.40

0.98 8.37 0.00 0.00 0.00
8.92 8.31 8.19 11.12 14.64
100.00 100.00 100.00 100.00 100.00

2015 March 31 2020 Marc2019 Marc2018 Marc2017 Marc2016 March 31

100.00 100.00 100.00 100.00 100.00
42.10 41.56 44.74 50.95 42.41
57.90 58.44 55.26 49.05 57.59
31.34 30.74 29.56 28.17 35.22
4.37 3.57 3.62 2.95 2.68
22.18 24.13 22.08 17.93 19.70
1.09 0.84 0.90 0.91 0.95

23.27 25.66 22.71 18.84 19.90

23.06 25.60 22.71 18.84 19.90

5.01 8.22 7.15 6.06 6.05
18.04 17.38 15.56 12.77 13.85
 Balance sheet as at March 31 2020
2020 Marc2019 Marc2018 Marc2017 Mar2016 March2015 March 31
ASSETS
Non-Current Assets:
PPE 131289 138955 130448.8 127470 108651.32 92276.5
Intagible assets
Other non current assets 27904.45 22676.97 19865.02 18032.9 8283.9 8941.55
Current Assets:
Inventories 29692.18 24857.37 22670.55 29255.1 29266.15 25222.5
Trade Receivables 13256.43 20978.64 20103.24 12989.6 10153.83 6964.36
Cash & Bank balance 42126.85 39935.2 45616.14 29430.4 28830.45 26145
Other current assets 16127.64 15244.65 17682.01 13887 9181.4 10639.9
TOTAL ASSETS 260397 262648.3 256386 231065 194367.05 170190
EQUITY & LIABILITIES
Equity:
Equity share capital 2719.86 2719.86 2719.86 2719.86 2719.86 1359.93
Other equity 156696 141955 149741 124660 99227.21 75671.6
Non-current liabilities:
Borrowings 118.13 7889.22 133.13 114.23 6425.04 6085.99
Other non-current liabilities 13832.65 4973.29 5513.02 5316.03 2340.71 413.28
Current Liabilities:
Trade Payables 61251.34 61318.2 77269.24 72564.1 55194.06 51440.6
Short -term borrowings 2552.47 21976.72
Other current liabilities 23226.51 21815.55 21009.68 25691 28460.17 35218.4
TOTAL EQUITY & LIABILITIES 260397 262648.3 256386 231065 194367.05 170190

Statement of Profit and Loss of Colgate Palmolive (India) Ltd

2020 Marc2019 Marc2018 Marc2017 Mar2016 March2015 March 31
Net Sales 452508 446243 432842 452020 416228.98 398194
Cost of sales 190516.6 185448 193646 230321 176508.72 172665
Gross profit (3) 261992 260795 239196 221698 239720.26 225529
Selling, general & Administration expen 141825 137189 127959.3 127344 146590.32 143306
Depreciation & Amortisation expenses (19794.04 15916.83 15651 13324.3 11141.11 7502.04
Operating Profit (6) = [3-4-5] 100373 107689 95586.17 81030.5 81988.83 74721.6
Other Income (7) 4924.27 3765.54 3882.05 4112.43 3960.51 3317.3
Exceptional Items (8) 0 3050.52 -1165.07 0 -3134.47 0
EBIT (9 = 6+7+8) 105297 114505 98303.15 85142.9 82814.87 78038.9
Finance cost (10) 961.55 249.53
EBT (11 = 9-10) 104336 114256 98303.15 85142.9 82814.87 78038.9
Tax expense (12) 22689.23 36698.63 30965.66 27399.7 25163.79 22140.6
PAT [11-12] 81646.6 77556.88 67337.49 57743.2 57651.08 55898.4
Additional Information:
EPS (Basic and Diluted) 30.02 28.52 24.76 21.23 21.20 20.55
Number of shares outstanding (in lakhs 2719.80 2719.80 2719.86 2719.86 2719.86 1359.93
Book Value Per Share 58.61 53.19 56.05 46.83 37.48 56.64
Market Price on 31st March 1252.72 1258.15 1056.9 995.5 830.85 1011.03
Dividend Per Share (including bonus sha 30.02 23 24 10 10 10

Liquidity Ratios: Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average

Current Ratio (times) 1.16 0.96 1.08 0.87 0.93 1.00
Quick Ratio or Acid-test Ratio (times) 0.82 0.72 0.85 0.57 0.58 0.71
Super Quick Ratio (times) 0.48 0.38 0.46 0.30 0.34 0.39
Collection Period (Days) 13.62 16.57 13.76 9.22 7.40 12.11
Days to sell Inventory or Inventory Hol 51.54 46.13 48.27 45.74 55.57 49.45

Colgate
Capital Structure and Solvency: Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
Total debt to equity (%) 63.34 81.54 68.17 81.40 90.65 77.02
Long-term debt to equity (%) 8.75 219.37 188.93 210.23 226.92 170.84
Times interest earned (times) 109.51 458.88 #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Colgate
Return on Investment: Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
Retun on Assets (%) 31.51 29.95 27.63 27.15 31.63 29.57
Return on Equity (%) 53.70 52.20 48.13 50.36 64.42 53.76
 Colgate
Operating Performance: Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
Gross Profit Margin (%) 57.90 58.44 55.26 49.05 57.59 55.65
Operating profit margin (%) 22.18 24.13 22.08 17.93 19.70 21.20
Net Profit Margin (%) 18.04 17.38 15.56 12.77 13.85 15.52

Colgate
Asset Utilization or Efficiency or Turnov Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
Cash and cash equivalent turnover 11.03 10.43 11.54 15.52 15.14 12.73
A.R turnover 26.44 21.72 26.16 39.06 48.63 32.40
Inventory turnover 16.59 18.78 16.67 15.45 15.28 16.55
Working capital turnover 89.80 241.32 NA NA NA NA
PPE turnover 3.35 3.31 3.36 3.83 4.14 3.60
Total assets turnover 1.73 1.72 1.78 2.12 2.28 1.93

Colgate
Market Measures: Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
Price-to-earnings (times) 41.73 44.12 42.69 46.89 39.20 42.93
Earnings yield (%) 2.40 2.27 2.34 2.13 2.55 2.34
Dividend yield (%) 2.40 1.83 2.27 1.00 1.20 1.74
Dividend payout rate (%) 100.00 80.66 96.94 47.10 47.18 74.38
Price-to-book (times) 21.37 23.65 18.85 21.26 22.17 21.46
2020 March2019 Marc2018 Marc2017 March2016 March2015 March 31

1166.58 993.57 998.16 957.43 698.45 674.65

25.15 15.37 8.78 12.8 17.04 20.09
1643.19 2445.49 2846.92 2461.18 1787.07 1401.3

809.14 732.9 704.79 599.27 615.56 550.6

379.63 431.46 321.34 333.25 420.69 338.79
525.6 124.71 87.02 26.16 54.16 123.94
1550.82 835.28 845.69 826.93 862.04 578.99
6100.11 5578.78 5812.7 5217.02 4455.01 3688.4

176.71 176.63 176.15 176.15 175.91 175.65

4397.52 3792.19 4050.71 3481.73 2695.87 2160.5

29.34 30.61 205.29 204.35

54.69 61.08 146.07 145.8 109.5 93.14

1032.45 998.32 960.62 914.52 931.34 756.64

226.57 373.55 167.09 159.56 86.51 129.13
182.83 146.4 106.77 134.91 455.88 373.26
6100.11 5578.78 5812.7 5217.02 4455.01 3688.4

2020 March2019 Marc2018 Marc2017 March2016 March2015 March 31

6309.8 6273.19 5609.06 5369.84 5750 5431.3
3822.96 3829.84 3380.59 3284.08 3243.89 3219.1
2486.84 2443.35 2228.47 2085.76 2506.11 2212.2
1106.07 1076.11 999.64 974.39 1407.36 1273.7
129.93 108.83 102.5 75.43 72.82 65.97
1250.84 1258.41 1126.33 1035.94 1025.93 872.53
276.9 274.74 283.23 274.64 196.64 137.85
-100 0 -14.54 0 -23.96
1427.74 1533.15 1395.02 1310.58 1222.57 986.42
19.27 29.8 21.89 16.23 9.83 9.89
1408.47 1503.35 1373.13 1294.35 1212.74 976.53
238.12 239.06 301.08 296.02 273.23 213.95
1170.35 1264.29 1072.05 998.33 939.51 762.58

6.62 7.16 6.09 5.67 5.34 4.34

176.7 176.62 176.15 176.15 175.91 175.65
25.89 22.47 24.00 20.77 16.33 13.30
266 250 277 327 411 450 Source: Secondary
 3 2.8 7.5 2.3 2.3 2 Source: Annual report 2019-20

Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average

2.26 1.40 1.59 1.48 1.32 1.61 Current Assets/Current Liabilities
1.70 0.92 1.02 0.98 0.91 1.10 Quick Assets/Current Liablities
0.36 0.08 0.07 0.02 0.04 0.12 Cash, cash equivalents and marketable securi
23.14 21.60 21.01 25.27 23.78 22.96 Average A.R / (Sales/360)
72.61 67.57 69.43 66.58 64.71 68.18 Average Inventory / (cost of sales/360)

Dabur
Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
33.36 40.57 37.52 42.62 55.13 41.84 Total liabilities/Equity
1.84 162.43 153.87 162.49 189.43 134.01 Long-term liabilities/Equity
74.09 51.45 63.73 80.75 124.37 99.74 EBIT/Interest expense

Dabur
Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
20.32 22.64 19.75 20.90 23.26 21.37 PAT + Interest Exp (1-Tax rate)/Average total
27.40 30.85 27.19 30.58 36.08 30.42 PAT/Average Equity
Dabur
Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
39.41 38.95 39.73 38.84 43.58 40.10 Gross Profit/net sales
19.82 20.06 20.08 19.29 17.84 19.42 Operating profit/net sales
18.55 20.15 19.11 18.59 16.34 18.55 PAT/net sales

Dabur
Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
19.41 59.26 99.12 133.71 64.57 75.21 Net sales/Average cash and cash equivalents
15.56 16.67 17.14 14.24 15.14 15.75 Net sales/Average accounts receivables
8.18 8.73 8.60 8.84 9.86 8.84 Net sales/average invnetory
5.19 9.43 8.62 10.18 14.16 9.52 Net sales/Average Working Capital, net (Nega
5.84 6.30 5.74 6.49 8.38 6.55 Net sales/Average PPE
1.08 1.10 1.02 1.11 1.41 1.14 Net Sales/Average total assets

Dabur
Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Average
40.16 34.93 45.51 57.70 76.95 51.05 MV per share/EPS
2.49 2.86 2.20 1.73 1.30 2.12 Earnings per share*100/MV
1.13 1.12 2.71 0.70 0.56 1.24 Dividend per share*100/MV
45.30 39.12 123.23 40.58 43.06 58.26 Dividend per share /EPS
10.28 11.13 11.54 15.75 25.18 14.77 MV per share/Book Value per share
 Point 1: Colgate's liquidity is not as stronger as it is in case of Dabur. However, co
ent Liabilities

ts and marketable securities / Current Liablities

(cost of sales/360)

Point 2: Debts of Colgate are higher as compared to Dabur. However, interest co

-Tax rate)/Average total assets Point 3: Profitability of Colgate is much higher than Dabur.
 Point 4: Operating performance of Dabur is slightly better than Colgate.

Point 5: Colgate's efficiency is much higher than Dabur.

sh and cash equivalents
counts receivables

orking Capital, net (Negative working capital turnover is meaning less)

Point 6: Based on multiple indicators, the valuation of colgate is lower as compa

Value per share

 case of Dabur. However, colgate is efficient in managing receivables and inventory

Dabur. However, interest coverage ratio is higher than Dabur

etter than Colgate.

f colgate is lower as compared to Dabur