financial-information

Financial Information

 

 

 

 

 

Financial Highlights

Amount in PKR. millions
Profit & Loss 2018 2017 2016 2015 2014 2013
Sales 45,626 40,066 32,275 33,355 33,013 30,243
Gross profit 9,576 7,207 7,306 6,094 5,976 4,751
Operating profit 3,315 1,686 2,245 2,118 2,659 852
Earnings before interest and tax 3,315 1,686 2,245 2,118 2,659 2,120
Profit / (loss) before tax 2,328 809 1,335 783 1,496 852
Profit / (loss) after tax 2,075 818 1,141 605 1,235 711
Cash dividend 891 356 555 343 81
Bonus shares              –              – 457 305
Balance Sheet
Property, plant and equipment 16,104 15,969 12,050 9,039 8,210 7,132
Intangible 24 34 13 11 20 23
Long term investment, loans,
advances and deposits 299 291 236 165 151 112
Net current assets 3,193 2,088 1,394 756 890 666
Total assets employed 19,620 18,382 13,693 9,971 9,271 7,933
Represented by:
Share capital 3,565 3,565 2,971 2,285 1,828 1,523
Reserves 9,056 7,349 5,746 4,884 4,832 3,905
Shareholders’ equity 12,621 10,914 8,717 7,169 6,660 5,428
Long term loans 6,912 7,146 4,630 2,408 2,239 2,155
Deferred liabilities 87 322 345 394 372 350
Total capital employed 19,620 18,382 13,692 9,971 9,271 7,933
Cash Flow Statement
Operating activities (1,083) 2,071 (2,085) 670 2,090 (161)
Investing activities (1,956) (5,275) (4,159) (1,783) (1,833) (1,068)
Financing activities 100 4,097 2,407 108 217 210
Cash and cash equivalents at
the end of the year (14,606) (11,665) (12,559) (8,721) (7,715) (8,188)

 

Financial Ratios      2018       2017       2016      2015       2014        2013
Profitabiltiy ratios
Gross profit ratio 20.99 17.99 22.64 18.27 18.10 15.71
Operating leverage ratio 0.08 (1.03) (1.86) (19.65) 2.77 2.54
EBITDA margin to sales 11.37 8.16 10.44 9.28 10.66 9.59
Net profit to sales 4.55 2.04 3.54 1.81 3.74 2.35
Return on equity 17.63 8.34 14.37 8.75 20.43 14.36
Return on capital emplyed 17.45 10.52 18.97 22.01 30.91 28.65
Liquidity ratios
Current ratio 1.14 1.11 1.08 1.05 1.06 1.05
Quick / acid test ratio 0.40 0.37 0.26 0.20 0.20 0.27
Cash to current liabilities 0.02 0.01 0.02 0.01 0.01 0.01
Cash flow from operations to sales (0.02) 0.05 (0.06) 0.02 0.06 (0.01)
Capital structure ratios
Financial leverage ratio 1.85 1.81 2.06 1.67 1.62 2.03
Weighted average cost of debt 0.05 0.04 0.04 0.11 0.09 0.11
Debt to equity ratio 0.55 0.65 0.53 0.34 0.34 0.40
Interest cover ratio 3.36 1.92 2.47 1.59 2.29 1.67
Turnover ratios
Inventory turnover 145 146 184 155 145 121
Inventory turnover ratio 2.52 2.50 1.99 2.35 2.52 3.00
Debtor turnover 35 26 24 18 22 28
Debtor turnover ratio 10.44 14.04 15.09 20.33 16.76 13.01
Creditors turnover 107 84 120 118 126 100
Creditors turnover ratio 3.26 4.41 3.38 3.10 2.91 3.64
Fixed assets turonver ratio 2.83 2.51 2.68 3.69 4.02 4.24
Total assets turnover ratio 1.05 1.09 1.00 1.34 1.36 1.43
Operating cycle 73 88 88 55 41 50
Investor information
Earnings per share 5.82 2.50 *3.92 2.30 5.40 3.21
Price earning ratio 7.38 16.36 *9.23 18.53 11.85 7.39
Price to book ratio 0.35 0.40 *0.33 0.45 0.48 0.17
Dividend yeild ratio 0.06 0.02 0.03 0.03 0.02
Cash dividend per share 2.50 1.00 1.00 1.50 1.50
Bonus shares issued 25 20
Dividend payout ratio 0.43 0.40 0.26 0.65 0.28
Dividend cover ratio 2.33 2.50 3.92 1.77 4.50
Break – up value per share 35.40 33.40 29.93 27.22 29.14 27.41
Market value per share
at the end of the year 42.93 40.98 36.19 49.05 64.01 23.74
high during the year. 49.5 61.2 53.2 73.25 72.35 27.64
low during the year 32.52 36.00 32.99 44.65 20.50 19.16
EBITDA 5,186 3,267 3,371 3,094 3,519 2,900
*Ratio restated based on number of shares outstanding as on June 30, 2018.