Financial Highlights
Five Years at a Glance
| FINANCIAL | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
|---|---|---|---|---|---|
| Net Sales (Rupees in million) | 145,769.91 | 95,134.48 | 73,018.27 | 72,026.37 | 59,457.12 |
| Profit before taxation (Rupees in million) | 85,847.18 | 52,116.31 | 43,931.36 | 41,279.45 | 34,708.33 |
| Profit for the year (Rupees in million) | 56,128.71 | 33,063.01 | 31,444.91 | 30,312.87 | 24,327.09 |
| Earnings per share (Rupees) | 420.75 | 247.84 | 235.71 | 227.23 | 182.36 |
| Dividend per share (Rupees) | 147.00 * | 124.00 | 141.00 | 6.10 | 6.00 |
| Contribution to national exchequer (Rupees in million) | 73,754.38 | 77,620.98 | 63,067.73 | 78,287.21 | 77,045.51 |
Performance Indicators
| PROFITABILITY RATIOS | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
|---|---|---|---|---|---|
| Net profit to net sales (%) | 38.51 | 34.75 | 43.06 | 42.09 | 40.92 |
| EBITDA margin to net sales (%) | 59.85 | 56.34 | 67.76 | 63.87 | 64.83 |
| Operating leverage (Times) | 1.16 | 0.58 | 7.81 | 0.50 | 1.46 |
| Return on equity / shareholders’ funds (%) | 37.51 | 26.84 | 30.14 | 38.68 | 46.87 |
| Return on capital employed (%) | 37.33 | 26.76 | 30.14 | 38.68 | 46.87 |
| Equity / Shareholders’ funds (Rs in billion) | 168.43 | 130.86 | 115.53 | 93.15 | 63.61 |
| LIQUIDITY RATIOS | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
| Current ratio (Times) | 1.98 | 2.26 | 3.61 | 3.71 | 2.98 |
| Quick / acid test ratio (Times) | 1.77 | 2.13 | 3.36 | 3.15 | 2.60 |
| Cash to current liabilities (Times) | 0.65 | 1.09 | 2.05 | 2.22 | 1.45 |
| Cash flow from operations to net sales (Times) | 0.39 | 0.52 | 0.41 | 0.44 | 0.34 |
| ACTIVITY / TURNOVER RATIOS | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
| Debtor turnover (Times) | 3.47 | 3.61 | 3.22 | 3.65 | 4.37 |
| No. of days in receivables (Days) | 105 | 101 | 113 | 100 | 83 |
| Total assets turnover (Times) | 0.66 | 0.57 | 0.53 | 0.66 | 0.79 |
| Fixed assets turnover (Times) | 1.35 | 1.24 | 1.44 | 1.91 | 1.88 |
| INVESTMENT / MARKET RATIOS | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
| Earnings per share (EPS) – basic and diluted (Rupees) | 420.75 | 247.84 | 235.71 | 227.23 | 182.36 |
| Price earnings (Times) | 3.60 | 7.02 | 6.47 | 5.44 | 5.53 |
| Price to book ratio (Times) | 1.20 | 1.77 | 1.76 | 1.77 | 1.92 |
| Dividend Yield (%) | 9.71* | 7.13 | 9.25 | 0.49 | 0.59 |
| Dividend payout (%) | 34.94* | 50.03 | 59.82 | 2.68 | 3.29 |
| Dividend cover (Times) | 2.86* | 2.00 | 1.67 | 37.25 | 30.39 |
| Dividend per share (Rupees) | 147.00* | 124.00 | 141.00 | 6.10 | 6.00 |
| Stock dividend per share (%) | – | – | – | 10 | 10 |
| Market value per share at the end of year (Rupees) | 1,514.64 | 1,739.74 | 1,524.39 | 1,236.65 | 1,009.33 |
| Breakup value per share (Rupees) | 1,262.54 | 980.93 | 866.05 | 698.26 | 524.48 |
| Market capitalization – year end price (Rupees in billion) | 202.06 | 232.09 | 203.36 | 164.97 | 122.41 |
| CAPITAL STRUCTURE RATIOS | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
| Debt : Equity ratio (as per book value) (%) | 0.40 : 99.60 | 0.55 : 99.45 | 00 : 100 | 00 : 100 | 00 : 100 |
| Debt : Equity ratio (as per market value) (%) | 0.39: 99.61 | 0.31 : 99.69 | 00 : 100 | 00 : 100 | 00 : 100 |
*This includes final dividend of Rs. 58 per share for the year ended June 30, 2023 proposed by the Board of Directors for approval of members in the Annual General Meeting.