PERFORMANCE REVIEW

  Standalone Consolidated
Particulars FY 2022 FY 2021 FY 2022 FY 2021
Debtors Turnover ratio 51.43 69.63 88.0.3 90.92
Inventory turnover ratio 59.06 62.88 204.22 224.18
Interest Coverage ratio 1.86 1.18 1.45 1.73
Current ratio 1.06 0.78 1.30 1.49
Debt Equity ratio 0.25 0.25 1.31 0.99
Operating Profit Margin (%)        
Pharmaceuticals 4.81 4.12 18.00 22.21
Financial Services 29.28 16.47 22.22 34.13
Normalised Net profit margin ratio (%) 26.17 7.07 20.24 19.88
Return on Net worth (%) 2.52 0.56 7.98 7.49

Following are reasons for the movement in key ratios:

  • Interest Coverage ratio at standalone has increased on account of higher profits during the year while at consolidated level it has decreased as compared to FY 2021 on account of lower profits due to higher provisions and increase in finance costs due to additional borrowings taken for DHFL acquisition.
  • Current Ratio at standalone has increased from FY 2021 on account of repayment of short-term borrowings.
  • Debt-Equity Ratio at consolidated has increased on account of additional borrowings taken for DHFL acquisition.
  • Financial Services Operating Profit Margin at standalone has increased on account of higher dividends while at consolidated level it has decreased on account of higher provisions.
  • Normalised Net profit margin and return on net worth at standalone have increase on account of higher dividends resulting in higher profits

10 YEAR CONSOLIDATED FINANCIAL HIGHLIGHTS

(` Crores)

Profit and Loss Account FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022
Revenue from Operations 3,544 4,503 5,123 6,381 8,547 10,639 11,883 13,068 12,809 13,993
EBITDA 611 860 1,140 1,929 3,733 5,419 7,175 6,758 7,828 7,170
Interest 575 1,050 511 959 2,031 2,978 4,100 5,321 4,209 4,480
Profit Before Tax (193) (435) 3,035 954 1,480 2,244 2,675 918 3,058 2,025
Profit After Tax2 (227) (501) 2,850 905 1,252 5,120 1,464 21 1,413 1,999
Normalised Profit3 (227) (501) 421 905 1,252 1,551 2,142 2,615 2,627 2,908
Earnings per share2 (` only) (13) (29) 165 52 73 281.8 72.2 1.14 56.19 80.70