Page 47 - BCML AR 2019-20

VALUE-ADDED STATEMENT (C crore)
Particulars March 2016 March 2017 March 2018 March 2019 March 2020
Income from operations 2,892.89 3,879.66 3,932.79 4,824.14 4,703.96
Add: other income 46.48 24.94 27.72 42.75 38.55
Value added 2,939.37 3,904.60 3,960.51 4,866.89 4,742.51
Less: cost of materials consumed 2,112.54 2,576.85 3,064.88 3,595.41 3,464.16
Less: other manufacturing expenses 218.43 252.33 213.57 309.20 303.84
Equals gross value-added 608.40 1075.42 682.06 962.28 974.51
Less: Depreciation and amortisation expenses 110.11 104.94 95.16 95.85 101.42
Less: Exceptional items 173.10 - - - -
Equals net value-added 325.19 970.48 586.90 866.43 873.09
Allocation of net value-added
To personnel 150.95 180.91 209.79 238.36 265.70
To taxes (including tax on dividend) 7.43 159.32 121.78 33.37 53.43
To creditors (via interest) 66.55 55.43 52.03 40.94 64.17
To investors (via dividend) - 85.75 58.76 57.11 55.00
To investors (via buy-back) - 175.00 99.00 - 147.67
To the Company (via retained earnings) 100.26 314.07 45.54 496.65 286.67
KEY FINANCIAL NUMBERS

Particulars March 2016 March 2017 March 2018 March 2019 March 2020
Overhead/total revenue (%) 12.85 11.90 9.46 12.59 11.77
EBIDTA/total revenue (%) 14.30 23.88 10.26 16.08 14.38
Interest/total revenue (%) 2.32 1.52 1.18 0.96 1.35
Interest cover (times) 6.18 15.69 8.68 16.83 10.63
PBDT/total revenue (%) 13.60 23.05 9.71 16.12 13.84
TCI/total revenue (%) 3.49 16.27 4.92 13.19 10.59
Return on net worth (%) 8.88 44.42 14.33 31.74 23.11
Return on capital employed (%) 14.86 28.42 15.59 21.79 17.89
BALANCE SHEET RATIOS
Particulars March 2016 March 2017 March 2018 March 2019 March 2020
Debt-equity ratio 0.56 0.13 0.08 0.18 0.19
Inventory turnover (days) 237 232 149 198 188
Current ratio 1.22 1.16 1.10 1.37 1.46
Quick ratio 0.18 0.09 0.14 0.31 0.31
Asset turnover (total revenue-total assets) 0.76 0.95 1.15 1.03 1.01
Fixed asset coverage ratio 2.08 6.92 11.72 3.91 3.65
Debt-service coverage ratio 1.22 7.99 2.71 9.90 6.10
GROWTH NUMBERS
Financial year March 2016 March 2017 March 2018 March 2019 March 2020
Growth in turnover (%) (7.08) 26.68 20.87 (2.61) 10.63
Growth in EBIDTA (%) 224.90 111.59 (48.06) 52.57 (1.03)
Growth in Total Comprehensive Income (%) -* 490.74 (63.44) 161.12 (11.18)

SHARE DATA
Particulars March 2016 March 2017 March 2018 March 2019 March 2020
Basic EPS (C) 4.09 24.26 9.41 24.98 22.98
CEPS (C) 8.59 28.56 13.27 28.95 27.24
Dividend (C) - 3.50 2.50 2.50 2.50
Book value (C) 50.28 65.58 69.48 91.17 107.75
Price earning (%) 26.35 5.99 8.04 5.49 4.53
Net indebtedness (C) ** 28.03 8.72 5.44 16.45 20.38
*Loss to profit ** only on long-term borrowings

Annual Report 2019-20 | 45