Maruti Suzuki India Ltd.

: Ratio Analysis

0703-(12)  0603-(12)  0503-(12)  0403-(12)  0303-(12) 

PER SHARE RATIOS 

Adjusted E P S (Rs.)   53.69  43.87  28.85  21.16  4.10

Adjusted Cash EPS (Rs.)   63.09  53.75  45.23  40.80  16.59
Reported EPS (Rs.)   54.07  41.16  29.55  18.76  5.07
Reported Cash EPS (Rs.)   63.46  51.04  45.92  38.40  17.55
Dividend Per Share   4.50  3.50  2.00  1.50  1.50
Operating Profit Per Share (Rs.)   76.30  64.59  54.35  43.35  17.19
Book Value (Excl Rev Res) Per Share (Rs.)   237.23  188.73  151.56  123.74  104.16
Book Value (Incl Rev Res) Per Share (Rs.)   237.23  188.73  151.56  123.74  104.16
Net Operating Income Per Share (Rs.)   512.49  422.20  382.34  327.07  255.92
Free Reserves Per Share (Rs.)   231.89  183.18  144.13  116.91  97.89

PROFITABILITY RATIOS 

Operating Margin (%)   14.88  15.29  14.21  13.25  6.71

Gross Profit Margin (%)   13.05  12.95  10.08  8.01  2.36
Net Profit Margin (%)   10.29  9.53  7.57  5.61  1.93
Adjusted Cash Margin (%)   12.01  12.45  11.59  12.21  6.34
Adjusted Return On Net Worth (%)   22.63  23.24  19.03  17.10  3.93
Reported Return On Net Worth (%)   22.78  21.80  19.49  15.16  4.86
Return On long Term Funds (%)   30.74  33.47  28.12  22.71  8.42

LEVERAGE RATIOS 

Long Term Debt / Equity   0.08  0.01  0.06  0.08  0.14

Total Debt/Equity   0.09  0.01  0.07  0.08  0.14
Owners fund as % of total Source   91.57  98.70  93.43  92.00  87.16
Fixed Assets Turnover Ratio   2.41  2.46  2.19  2.07  1.64

LIQUIDITY RATIOS 

Current Ratio   1.42  1.77  1.68  1.17  1.57

Current Ratio (Inc. ST Loans)   1.40  1.77  1.67  1.15  1.56
Quick Ratio   1.13  1.31  1.25  0.85  1.20
Inventory Turnover Ratio   28.76  18.78  22.97  30.43  22.28

PAYOUT RATIOS 

Dividend payout Ratio (Net Profit)   9.72  9.69  7.73  9.02  32.92
Dividend payout Ratio (Cash Profit)   8.28  7.81  4.97  4.40  9.50
Earning Retention Ratio   90.21  90.91  92.09  92.01  59.33
 Cash Earnings Retention Ratio   91.67  92.58  94.95  95.86  89.95

COVERAGE RATIOS 

Adjusted Cash Flow Time Total Debt   0.34  0.04  0.23  0.26  0.95
Financial Charges Coverage Ratio   68.23  104.61  49.70  32.32  11.60
Fin. Charges Cov.Ratio (Post Tax)   49.76  73.28  37.85  25.71  9.93

COMPONENT RATIOS 

Material Cost Component(% earnings)   73.36  77.25  78.30  74.47  76.62

Selling Cost Component   3.37  2.91  3.34  7.05  8.22
Exports as percent of Total Sales   3.90  4.78  8.89  9.96  8.39
Import Comp. in Raw Mat. Consumed   12.62  18.75  19.69  20.40  26.04
Long term assets / Total Assets   0.61  0.49  0.52  0.62  0.43
Bonus Component In Equity Capital (%)   0.00  0.00  0.00  0.00  0.00