2023 2022 2021 2020 2019

ASSETS
Non-current assets
Property, plant and equipment 11301.20 11,263.09 9672.05 8632.18 6368.08
Capital work-in-progress 134.50 548.04 1029.96 1272 654.9
Investment property
Right of use assets 466.51 522.34 524.49 620.97
Intangible assets 46.21 43.90 37.6 32.04 31.44
Financial assets
Investments 2421.36 2,423.99 2409.72 2409.52 2232.57
Loans
Other financial assets 401.99 394.05 368.83 232.61 121.06
Other non-current assets 57.77 33.61 232.24 365.05 730.45
Total non-current assets 14829.54 15,229.01 14265.88 13564.44 10138.5
Current Assets
Inventories 2276.87 2,463.89 2076.6 1808.25 2051.48
Financial assets
Investments 401.69 450.75 90.07
Trade receivables 1588.39 995.99 732.04 445.08 779.5
Cash and cash equivalents 500.44 315.40 225.81 225.63 210.38
Bank balances other than cash and cash 10.22
equivalents 210.02 1174.44 10.96 7.19
Loans -
Other Financial Assets 236.54 128.41 289.7 74.74 28.34
Current Tax Assets (Net)
Other current assets 270.95 229.06 308.91 352.89 433.56
Total current assets 5285.11 4,793.52 4897.57 2917.55 3510.44
Total Assets 20114.64 20,022.53 19163.45 16481.99 13648.94
EQUITY AND LIABILITIES
Equity
Equity share capital 63.51 63.51 63.51 57.21 57.21
Other equity 9836.39 9,454.97 9409.05 7634.94 7583.96
Total Equity 9899.90 9,518.48 9472.56 7692.15 7641.16
Liabilities
Non-current Liabilities
Financial Liabilities
Borrowings 3174.81 3,531.01 3660.43 3208.32 2443.86
Lease liabilities 400.63 466.70
Other financial liabilities 468.23 531.9 1.53
Provisions 49.30 49.04 49.48 50.33 49.88
Deferred tax liabilities (net) 795.54 705.33 673.37 531.27 575.46
Other non-current liabilities 260.97 605.73 510.48 375.45 287.95
Total non-current liabilities 4681.25 5,357.82 5362.99 4697.37 3358.68
Current Liabilities
Financial liabilities
Borrowings 900.65 855.28 100.49 1118.07 292.51
 Trade payables 2429.11 2,784.41 1929.26 1610.71 1368.66
Lease liabilities 93.10 84.93
Other financial liabilities 400.65 964.47 1816.89 1018.26 457.26
Other current liabilities 1481.93 217.98 219.14 109.29 284.29
Provisions 207.24 194.78 192.34 180.19 165.98
Current tax liabilities (net) 20.82 44.39 70.79 55.95 80.4
Total current liabilities 5533.50 5,146.23 4328.9 4092.48 2649.1
Total Equity and Liabilities 20114.65 20,022.53 19163.45 16481.99 13648.94
 2018

5679.32
671.79

34.55

1639.38

88.29
152.33
8265.66

1721.49

1339.05
550.15
254.45

6.07
571.81
43.31

390.6
4876.92
13142.58

57.21
7203.4
7260.61

1864.39

13.16
45.07
544.34
343.34
2810.3

647.42
 1512.57

319.32
234.2
265.12
93.04
3071.67
13142.58
 APOLLO TYRES LTD
PROFIT AND LOSS STATEMENT (in Rs. Cr)
2023 2022 2021
Revenue from Operations 17301.019 14,649.40 11,733.40
Other Income 75.126 126.90 121.52
Total Income 17376.145 14,776.30 11,854.92
Expenses
Cost of materials consumed 10693.772 9,493.77 6,238.32
Purchase of stock-in-trade 962.817 846.59 694.83
Changes in inventories of finished goods,
stock-in-trade and work-in-progress 45.554 (348.45) 6.92
Excise duty on sales - -
Employee benefits expenses 1025.915 1,024.02 910.90
Finance costs 467.228 382.16 379.41
Depreciation and amortisation expense 907.05 823.91 713.38
Other expenses 2462.042 2,202.68 1,848.11
Total expenses 16564.378 14,424.68 10,791.87
Profit before Interest, Depreciation & Tax
(PBIDT) 2186.045 1557.689 2155.846
Profit before exceptional items and tax 811.767 351.62 1,063.05
Exceptional items 1.27 11.02
Profit before tax 811.767 350.35 1,052.04
Tax expense - -
Current tax expense 147.715 61.16 190.44
Deferred tax 85.314 28.13 138.78
Total tax 233.029 89.29 329.22
Net profit for the year 578.738 261.06 722.82
Other comprehensive Income / (loss) (9.10) 7.13 0.62
Total Comprehensive income for the year 587.838 268.20 72.90
Other Equity Balance as on march 31 9836.39 9,454.97 9,409.05
Cr)
2020 2019 2018
11,068.32 12,353.77 10,556.91
28.61 111.47 119.50
11,096.93 12,465.20 10,676.40

6,072.95 7,583.84 6,281.15

651.73 735.53 251.76

112.83 (261.47) 12.55

- 254.89
826.12 737.24 709.68
225.70 137.86 137.54
620.71 446.33 364.38
2,005.52 2,079.51 1,797.18
10,515.54 11,458.84 9,809.12

1427.8 1590.58 1369.23

581.39 1,006.39 867.31
200.00
581.39 806.39 867.31

102.66 180.65 188.47

(29.90) 33.63 56.46
72.76 214.28 244.92
508.62 592.11 622.39
(26.62) (4.67) 6.42
482.01 587.44 628.81
7,634.94 7,583.96 7,203.41
1,557.69
Sr. No. Ratio Formula Mar-23
Liquidity
1 Current Ratio =Current assets/Current Liabilities
Apollo
MRF
JK

=( Cash + Trading Investment+

2 Quick Ratio Accounts Receivables)/(Current
Liabilities-BOD)
Apollo
MRF
JK

Working Capital =Current Assets- Current liabilities

Apollo
MRF
JK

Turnove
Inventory/Stock
1 =COGS/Average Inventory
Turnover Ratio
Apollo
MRF
JK

Inventory Holding
2 Period / Days of Holding =365/ITR
Inventory
Apollo
MRF
JK

3 Debtors Turnover Ratio =Sales/Average Debtors

Apollo
MRF
JK

Debtors Collection
4 Period / Days of Sales =365/DTR
Outstanding
Apollo
MRF
JK

Creditors Turnover
5 =COGS/Average Creditors
Ratio
Apollo
 MRF
JK

Creditors Payment
6 =365/CTR
Period
Apollo
MRF
JK

Total assets Turnover

7 = Sales/ Total Assets
ratio
Apollo
MRF
JK

Leverage/Solvenc

=Long term Liabilities/Shareholders

1 Debt/Equity Ratio
Equity
Apollo
MRF
JK

2 Interest Cover =EBDIT/Interest

Apollo
MRF
JK

Debt Service Coverage

=(EBIT/( Interest on Loan+Lease
3 Ratio/Fixed payment
Payment+ ( Loan Repayment/ (1-T)
Coverage
Apollo
MRF
JK

Net worth to Total = (Total Shareholders Equity/Total

4
Assets Assets) *100
Apollo
MRF
JK

Total Debt To total =(Total outside Liabilities/Total

5
Assets Assets) *100
Apollo
MRF
JK

Profitability Ratios
1 Operating Margin =(Operating Profit/ Revenue)*100
Apollo
MRF
JK

2 Net Profit/Margin =(Net Profit/ Revenue)*100

Apollo
MRF
JK

3 Return on Total Assets =(PAT/Average Total Assets)*100

Apollo
MRF
JK

=(PAT/Average Shareholders Net

4 Return on Equity
Equity)*100
Apollo
MRF
JK

Market Bas
Face Value

Apollo
MRF
JK

1 Dividend Payout Ratio =(Dividend Per share/EPS)*100

Apollo
MRF
JK

=(Dividend Per share/Market Price

2 Dividend Yield
per share)*100
Apollo
MRF
JK

=Earnings available for Equity

3 Earnings per share Shareholders/Number of Equity
Shares)
Apollo
MRF
JK

4 P/E Ratio =Market price Per Share/EPS

Apollo
MRF
JK
 Mar-22 Mar-21 Mar-20
Liquidity Ratios

Turnover Ratios
 Leverage/Solvency/Gearing Ratios

Profitability Ratios - higher the better

Market Based Ratios

Face Value Dividend Declared Dividend Rs.

1 450% 4.5
10 1750% 175
2 100% 2
Mar-19 Mar-18
Market Price as on 31st
EPS
March 2022
319.9 9.11
84047.2 1928.56
155 7.45
Sr. No. Ratio Formula Mar-23
Liquidity
1 Current Ratio =Current assets/Current Liabilities
Apollo 0.96
MRF 1.22
JK 1.13

=( Cash + Trading Investment+

2 Quick Ratio Accounts Receivables)/(Current
Liabilities-BOD)
Apollo 0.45
MRF 0.62
JK 0.58

Working Capital =Current Assets- Current liabilities

Apollo (248.40)
MRF 1609.96
JK 418.74

Turnove
Inventory/Stock
1 =COGS/Average Inventory
Turnover Ratio
Apollo 4.94
MRF 3.76
JK 4.79

Inventory Holding
2 Period / Days of Holding =365/ITR
Inventory
Apollo 74
MRF 97
JK 76

3 Debtors Turnover Ratio =Sales/Average Debtors

Apollo 13.39
MRF 9.56
JK 5.59

Debtors Collection
4 Period / Days of Sales =365/DTR
Outstanding
Apollo 27.26
MRF 38.20
JK 65.30

Creditors Turnover
5 =COGS/Average Creditors
Ratio
Apollo 4.49
 MRF 5.50
JK 5.59

Creditors Payment
6 =365/CTR
Period
Apollo 81.31
MRF 66.32
JK 65.25

Total assets Turnover

7 = Sales/ Total Assets
ratio
Apollo 0.86
MRF 0.94
JK 1.20

Leverage/Solvenc

=Long term Liabilities/Shareholders

1 Debt/Equity Ratio
Equity
Apollo 0.47
MRF 0.15
JK 0.66

2 Interest Cover =EBDIT/Interest

Apollo 4.68
MRF 8.67
JK 3.13

Debt Service Coverage

=(EBIT/( Interest on Loan+Lease
3 Ratio/Fixed payment
Payment+ ( Loan Repayment/ (1-T)
Coverage
Apollo
MRF
JK

Net worth to Total = (Total Shareholders Equity/Total

4
Assets Assets) *100
Apollo 0.49
MRF 0.60
JK 0.36

Total Debt To total =(Total outside Liabilities/Total

5
Assets Assets) *100
Apollo 0.51
MRF 0.40
JK 0.64

Profitability Ratios
1 Operating Margin =(Operating Profit/ Revenue)*100
Apollo 7.39%
MRF 5.92%
JK 5.86%

2 Net Profit/Margin =(Net Profit/ Revenue)*100

Apollo 3.35%
MRF 3.62%
JK 1.91%

3 Return on Total Assets =(PAT/Average Total Assets)*100

Apollo 2.88%
MRF 3.49%
JK 2.28%

=(PAT/Average Shareholders Net

4 Return on Equity
Equity)*100
Apollo 5.96%
MRF 5.77%
JK 6.79%

Market Bas
Face Value

Apollo
MRF
JK

1 Dividend Payout Ratio =(Dividend Per share/EPS)*100

Apollo
MRF
JK

=(Dividend Per share/Market Price

2 Dividend Yield
per share)*100
Apollo
MRF
JK

=Earnings available for Equity

3 Earnings per share Shareholders/Number of Equity
Shares)
Apollo
MRF
JK

4 P/E Ratio =Market price Per Share/EPS

Apollo
MRF
JK
 Mar-22 Mar-21 Mar-20
Liquidity Ratios

0.93 1.13 0.71

1.45 1.41 1.54
1.02 1.08 0.98

0.38 0.51 0.17

0.72 0.97 0.94
0.47 0.52 0.48

(352.71) 568.67 (1174.93)

3097.50 2965.38 2782.19
79.94 207.85 (59.03)

Turnover Ratios

4.40 3.57 3.54

3.58 3.22 3.28
4.06 3.31 3.48

83 102 103
102 113 111
90 110 105

16.96 19.94 18.08

8.64 7.29 6.92
5.29 4.38 3.97

21.53 18.31 20
42.25 50.09 53
68.95 83.40 92

4.24 3.92 4.59

 3.61 2.86 4.07
4.30 3.54 4.04

86.09 93.09 80
101.10 127.54 90
84.87 102.99 90

0.73 0.61 0.67

0.84 0.72 0.83
0.99 0.85 0.81

Leverage/Solvency/Gearing Ratios

0.56 0.57 0.61

0.15 0.14 0.16
0.76 0.87 1.04

4.08 5.68 6.33

9.42 11.72 9.68
3.18 3.33 1.98

0.48 0.49 0.47

0.61 0.59 0.63
0.31 0.33 0.29

0.52 0.51 0.53

0.39 0.41 0.37
0.69 0.67 0.71

Profitability Ratios - higher the better

 5.01% 12.29% 7.29%
5.93% 12.34% 10.47%
6.10% 10.44% 7.14%

1.78% 6.16% 4.60%

3.41% 7.85% 8.72%
2.28% 4.18% 3.75%

1.33% 4.06% 3.38%

2.88% 6.03% 7.46%
2.38% 3.48% 3.07%

2.75% 8.42% 6.63%

4.80% 9.92% 12.31%
7.43% 11.25% 11.00%

Market Based Ratios

Face Value Dividend Declared Dividend Rs.

1 450% 4.5
10 1750% 175
2 100% 2

49.40%
9.07%
26.85%

1.41%
0.21%
1.29%

9.11
1928.56
7.45

35.1152579582876
43.5802878831875
20.8053691275168
Mar-19 Mar-18

1.33 1.59
1.53 1.69
1.04 0.83

0.38 0.70
0.96 1.17
0.56 0.40

861.34 1805.25
2883.94 3148.15
134.52 (578.11)

4.27 3.80
3.76 8.35
4.78 0.99

85 96
97 44
76 367

18.58 Err:508
7.04 14.21
5.21 #DIV/0!

20 Err:508
52 26
70 #DIV/0!

5.59 Err:508
4.46 9.07
5.32 #DIV/0!

65 Err:508
82 40
69 #DIV/0!

0.91 0.80
0.87 0.93
1.03 0.92

0.44 0.39
0.20 0.22
1.15 1.32

11.54 9.96
10.75 10.41
2.55 1.90

0.56 0.55
0.58 0.59
0.27 0.23

0.44 0.45
0.42 0.41
0.73 0.77
 9.26% 9.52%
11.72% 12.17%
8.14% 5.24%

4.79% 5.90%
6.93% 7.20%
2.69% 0.66%

4.42% 12.76%
6.35% #DIV/0!
2.80% #DIV/0!

7.95% #DIV/0!
10.83% #DIV/0!
11.23% #DIV/0!

Market Price as on 31st

EPS
March 2022
319.9 9.11
84047.2 1928.56
155 7.45
Apollo Tyres The DuPont Analysis is a financial performance framework that helps investors and
DuPont Analysis This template performs a complete DuPont Analysis in Excel.
The analysis provides insights into the main drivers and shortcomings relative to the
This methodology allows for differentiating between profitable organizations and high

Net Income Revenue

RoE x
Average Equity Revenue

2-Way Approach RoE = net profit margin x equity turnover

net income net income revenue

= x
average equity revenue average equity

2022 0.00% = x

3-Way Approach RoE = net profit margin x asset turnover

net income net income revenue

= x
average equity revenue average total assets

2022 0.00% = x

5-Way Approach RoE = tax burden x interest burden

net income net income EBT

= x
average equity EBT EBIT

2022 0.00% = x
hat helps investors and financial analysts decompose a company's Return on Equity (ROE) into its constituent parts.

tcomings relative to the Return on Equity metric by breaking it down into several multiples.
e organizations and highly leveraged entities.

Average Total Assets

x
Average Total Assets

x Equity Multiplier

average total assets

x
average equity

x operating profit margin x asset turnover x Equity Multiplier

EBIT revenue average total assets

x x x
revenue average total assets average equity

x x x
constituent parts.
Apollo Tyres The DuPont Analysis is a financial performance framework that helps investors and
DuPont Analysis This template performs a complete DuPont Analysis in Excel.
The analysis provides insights into the main drivers and shortcomings relative to the
This methodology allows for differentiating between profitable organizations and high

Net Income Revenue

RoE x
Average Equity Revenue

2-Way Approach RoE = net profit margin x equity turnover

net income net income revenue

= x
average equity revenue average equity

2022 5.96% = 3.33% x 1.79

3-Way Approach RoE = net profit margin x asset turnover

net income net income revenue

= x
average equity revenue average total assets

2022 5.96% = 3.33% x 0.87

5-Way Approach RoE = tax burden x interest burden

net income net income EBT

= x
average equity EBT EBIT

2022 2.57% = 71% x 0.27

hat helps investors and financial analysts decompose a company's Return on Equity (ROE) into its constituent parts.

tcomings relative to the Return on Equity metric by breaking it down into several multiples.
e organizations and highly leveraged entities.

Average Total Assets

x
Average Total Assets

x financial leverage ratio

average total assets

x
average equity

x 2.07

x operating profit margin x asset turnover x financial leverage ratio

EBIT revenue average total assets

x x x
revenue average total assets average equity

x 7.36% x 0.87 x 2.07

constituent parts.
 MRF LTD
BALANCE SHEET (In Rs. Cr)
2023 2022 2021 2020 2019
ASSETS
Non-current assets
Property, plant and equipment 10024.10 9,445.06 9,366.80 8,820.72 6,751.32
Capital work-in-progress 3045.22 1,225.81 1,001.03 1,734.56 1,403.19

Right of use assets

Intangible assets 25.94 21.21 24.31 28.46 16.20
Financial assets
Investments 1130.92 1,155.53 1,150.34 26.53 1,078.00
1.19
Other financial assets 24.08 73.76 21.61 30.44 16.34
Other non-current assets 811.14 827.82 548.02 555.59 642.13
Total non-current assets 15,062.59 12,749.19 12,112.11 11,196.30 9,907.18
Current Assets
Inventories 4,042.68 4,061.72 2,880.33 2,852.69 2,950.93
Financial assets
Investments 1,974.84 2,509.69 4,725.83 1,513.65 2,770.39
Trade receivables 2,442.36 2,283.26 2,112.50 2,257.03 2,361.62
Cash and cash equivalents 146.31 113.11 102.80 1,104.23 57.52
Bank balances other than cash and
cash equivalents 9.98 1.74 2.54 2.62 2.55
Loans 2.95 3.18 6.77 2.89 0.61
Other Financial Assets 103.66 766.97 60.28 50.75 33.91

Other current assets 238.38 204.54 256.69 173.95 142.77

Total current assets 8,961.16 9,944.21 10,147.74 7,957.81 8,320.30
Total Assets 24023.75 22,693.40 22,259.58 19,154.31 18,227.68
EQUITY AND LIABILITIES
Equity
Equity share capital 4.24 4.24 4.24 4.24 4.24
Other equity 14,504.63 13,773.03 13,174.62 12,000.11 10,649.06
Total Equity 14508.87 13,777.27 13,178.86 12,004.35 10,653.30
Liabilities
Non-current Liabilities
Financial Liabilities
Borrowings 823.58 817.21 811.76 779.03 1,054.73
Lease liabilities 508.62 350.87 312.63
Other financial liabilities 106.83 327.48
Provisions 215.02 218.67 211.25 189.16 167.80
Deferred tax liabilities (net) 381.67 393.30 378.50 427.83 839.20
Other non-current liabilities 234.79 182.54 184.22 250.64 76.29
Total non-current liabilities 2163.68 2,069.42 1,898.36 1,974.14 2,138.02
Current Liabilities
Financial liabilities
Borrowings 1,153.50 1,186.51 334.27 241.99 408.86
 Lease liabilities 75.49 60.08 54.99
Trade payables 2757.45 2,774.32 4,109.56 2,340.14 2,327.64
Other financial liabilities 807.08 399.47 444.00 730.63 761.65
Other current liabilities 2,324.74 2,246.29 2,039.81 1,709.78 1,781.13
Provisions 232.94 180.04 199.73 153.08 149.23
Current tax liabilities (net) - - 7.85
Total current liabilities 7351.20 6,846.71 7,182.36 5,175.62 5,436.36
Total Equity and Liabilities 24023.75 22,693.40 22,259.58 19,154.11 18,227.68
 2018

6,057.84
1,078.84

17.47

1,092.00

16.33
342.31
8,604.79

2,172.07

3,054.02
2,135.92
98.79

39.84
1.90
8.64

185.41
7,696.59
16,301.80

4.24
9,599.96
9,604.20

1,319.33

152.74
619.01
58.08
2,149.16

229.08
 1,998.96
530.41
1,638.90
142.83
8.26
4,548.44
16,301.80
 MRF LTD
PROFIT AND LOSS STATEMENT (in Rs. Cr)
2023 2022 2021 2020 2019 2018
Revenue from Operations 22578.23 18989.51 15921.35 15991.14 15837 15181.05
Other Income 248.21 314.92 207.23 330.5 417.47 328.5
Total Income 22826.44 19304.43 16128.58 16321.64 16254.47 15509.55
Expenses
Cost of materials consumed 15526.9 13254.45 8853.63 9461.73 10220.4 8946.93
Purchase of stock-in-trade 35.23 17.01 15.78 22.3 29.86 44.89
Changes in inventories of finished
goods, stock-in-trade and work-in-
progress (339.63) -844.92 359.36 24.88 -608.6 76.04
Excise duty on sales - - - 405.15
Employee benefits expenses 1558.87 1471.94 1387.87 1320.51 1144.28 1074.65
Finance costs 298.06 247.01 264.72 274.26 247.79 245.17
Depreciation and amortisation
expense 1248.6 1201.41 1136.92 980.62 806.27 705.34
Other expenses 3459.54 3078.37 2410.03 2838.02 2805.58 2409.47
Total expenses 21787.57 18425.27 14428.31 14922.32 14645.58 13907.64
Profit before Interest, Depreciation
& Tax (PBIDT) 2585.53 2327.58 3101.91 2654.2 2662.95 2552.42
Profit before exceptional items and
tax 1038.87 879.16 1700.27 1399.32 1608.89 1601.91
Exceptional items 80.33
Profit before tax 1119.2 879.16 1700.27 1399.32 1608.89 1601.91
Tax expense
Current tax expense 309.1 221.95 489.72 401.8 330 390.77
Deferred tax (6.13) 9.87 -38.51 -397.46 182.02 118.86
Total tax 302.97 231.82 451.21 4.34 512.02 509.63
Net profit for the year 816.23 647.34 1249.06 1394.98 1096.87 1092.28

Other comprehensive Income / (loss) -21.01 14.67 -32.14 -9.61 -17.11 -1.89
Total Comprehensive income for the
year 795.22 662.01 1216.92 1385.37 1079.76 1090.39

Other Equity Balance as on march 31 14504.63 13773.03 13174.62 12000.11 10649.06 9599.96
 JK TYRE AND INDUSTRIES LTD
BALANCE SHEET (In Rs. Cr)
2022 2021 2020 2019 2018
ASSETS
Non-current assets
Property, plant and equipment 3362.08 3,346.52 3,335.47 3,489.99 3,320.46 3,566.82
Capital work-in-progress 104.80 73.33 64.12 60.88 73.80 83.31
Investment property 5.53
Right of use assets
Intangible assets 7.04 8.35 6.58 8.97 9.86 11.10
Financial assets
Investments 786.67 791.11 733.10 723.80 596.61 544.87
Other financial assets (including
loans)
48.65 121.20 133.41 151.31 128.61 136.52
Other non-current assets 48.28 16.79 15.10 28.28 35.41 33.97
Total non-current assets 4363.05 4,357.30 4,287.78 4,463.23 4,164.75 4,376.59
Current Assets
Inventories 1291.67 1,532.84 1,194.58 1,095.53 1,136.12 1,026.01
Financial assets
Investments 11.17
Trade receivables 1774.20 1,667.38 1,367.28 1,436.03 1,632.45 1,289.72
Cash and cash equivalents 50.23 53.16 41.11 20.90 75.84 59.80
Bank balances other than cash
and cash equivalents 28.54 23.11 21.86 25.38 24.46 12.49
Loans -
Other Financial Assets 138.71 190.25 127.18 116.19 140.85 186.65
27.07
Other current assets 321.38 320.78 216.42 331.23 230.91 227.15
Total current assets 3642.97 3,787.52 2,968.43 3,025.26 3,240.63 2,801.82
Total Assets 8006.02 8,144.82 7,256.21 7,488.49 7,405.38 7,178.41
EQUITY AND LIABILITIES
Equity
Equity share capital 49.25 49.25 49.25 49.25 49.24 45.36
Other equity 2839.97 2,476.85 2,349.14 2,113.25 1,945.88 1,598.93
Total Equity 2889.22 2,526.10 2,398.39 2,162.50 1,995.12 1,644.29
Liabilities
Non-current Liabilities
Financial Liabilities
Borrowings 849.03 972.06 1,188.48 1,465.00 1,558.22 1,475.75
Lease liabilities 47.04 58.70 88.52
Other financial liabilities 593.74 506.82 479.93 501.70 314.36 298.45
Provisions 32.99 30.80 28.88 31.33 26.66 24.15
Deferred tax liabilities (net) 369.77 342.76 311.43 243.67 404.91 373.84
Other non-current liabilities
Total non-current liabilities 1892.57 1,911.14 2,097.24 2,241.70 2,304.15 2,172.19
Current Liabilities
Financial liabilities
 Borrowings 1698.28 1,848.87 1,145.59 1,528.13 1,451.85 1,522.38
Lease liabilities 40.34 37.62 48.83
Trade payables 1036.86 1,380.52 1,196.15 943.71 979.10 961.39
Other financial liabilities 278.20 276.31 223.07 511.64 527.92 769.67
Other current liabilities 159.79 158.00 140.04 79.02 139.55 120.36
Provisions 10.76 6.26 6.90 21.79 7.69 6.13
Current tax liabilities (net)
Total current liabilities 3224.23 3,707.58 2,760.58 3,084.29 3,106.11 3,379.93
Total Equity and Liabilities 8006.02 8,144.82 7,256.21 7,488.49 7,405.38 7,178.41
 JKTYRES AND INDUSTRIES LTD
PROFIT AND LOSS STATEMENT (in Rs. Cr)
2023 2022 2021 2020 2019
Revenue from Operations 9617.92 8032.06 6134.52 6094.84 7610.4
Other Income 31.52 30.2 35.6 25.39 79.27
Total Income 9649.44 8062.26 6170.12 6120.23 7689.67
Expenses
Cost of materials consumed 5707.01 5099.09 3255.87 3157.83 4071.3
Purchase of stock-in-trade 1074.34 612.17 451.65 769.42 1273.24
Changes in inventories of finished
goods, stock-in-trade and work-in-
progress (19.60) -170.27 84.52 -40.98 -180.24
Excise duty on sales
Employee benefits expenses 707.54 607.4 547.99 553.76 560.36
Finance costs 257.51 229.61 266.27 342.92 316.28
Depreciation and amortisation
expense 242.58 240.74 245.99 242.39 188.36
Other expenses 1373.82 1183.17 943.48 1002.57 1157.49
Total expenses 9343.2 7801.91 5795.77 6027.91 7386.79
Profit before Interest, Depreciation &
Tax (PBIDT) 806.33 730.7 886.61 677.63 807.52
Profit before exceptional items and tax 306.24 260.35 374.35 92.32 302.88
Exceptional items -36.17 3.95 21.21 -7.15 1.8
Profit before tax 270.07 264.3 395.56 85.17 304.68
Tax expense
Current tax expense 72.41 96.41 128 16.57 42.54
Deferred tax 13.89 -15.15 11.11 -160.06 57.74
Total tax 86.3 81.26 139.11 -143.49 100.28
Net profit for the year 183.77 183.04 256.45 228.66 204.4
Other comprehensive Income / (loss) (10.25) -6.08 -3.32 -16.76 -10.27
Total Comprehensive income for the
year 173.52 176.96 253.13 211.9 194.13
Other Equity Balance as on march 31 2839.97 2476.85 2349.14 2113.25 1945.88
2018
6578.5
32.45
6610.95

3748.74
667.96

-69.8
125.15
523.6
274.12

175.14
1095.5
6540.41

519.8
70.54
-6.69
63.85

-2.48
23.24
20.76
43.09
-4.5

38.59
1598.93