Maruti Suzuki India

Consolidated Balance Sheet ------------------- in Rs. Cr. -------------------

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS

Equity Share Capital 157.2 151 151 151 151

Total Share Capital 157.2 151 151 151 151

Reserves and Surplus 85,478.80 61,640.30 55,182.50 52,349.60 49,262.00

Total Reserves and Surplus 85,478.80 61,640.30 55,182.50 52,349.60 49,262.00

Total Shareholders Funds 85,636.00 61,791.30 55,333.50 52,500.60 49,413.00

Minority Interest 0 0 0 0 19.2

NON-CURRENT LIABILITIES

Long Term Borrowings 0 0 0 2.8 5.4

Deferred Tax Liabilities [Net] 388.8 0 0 445.4 657.5

Other Long Term Liabilities 3,229.40 2,609.90 2,214.10 2,168.70 2,175.60

Long Term Provisions 144.8 88.4 84.4 44.7 51.6

Total Non-Current Liabilities 3,763.00 2,698.30 2,298.50 2,661.60 2,890.10

CURRENT LIABILITIES

Short Term Borrowings 33.1 1,215.80 381.9 488.8 106.3

Trade Payables 16,988.40 11,785.50 9,765.20 10,168.10 7,498.80

Other Current Liabilities 7,620.60 6,143.60 6,015.10 4,720.80 3,019.60

Short Term Provisions 1,311.90 962.4 861.3 742.8 680.7

Total Current Liabilities 25,954.00 20,107.30 17,023.50 16,120.50 11,305.40

Total Capital And Liabilities 115,353.00 84,596.90 74,655.50 71,282.70 63,627.70

ASSETS

NON-CURRENT ASSETS

Tangible Assets 35,599.60 17,282.50 13,397.30 14,764.50 15,408.60

Intangible Assets 0 547.9 349.9 224.2 335.8

Capital Work-In-Progress 0 2,815.20 2,646.20 1,199.30 1,344.30

Intangible Assets Under Development 0 88.9 290.3 297.5 70.9

Fixed Assets 35,599.60 20,734.50 16,683.70 16,485.50 17,159.60

Non-Current Investments 53,383.80 49,184.30 37,934.60 34,529.10 36,269.20

Deferred Tax Assets [Net] 46.7 279.4 141.1 0 0

Long Term Loans And Advances 0.1 0.2 0.2 0.2 0.2

Other Non-Current Assets 3,689.00 2,782.90 3,102.50 1,723.60 1,758.10

Total Non-Current Assets 92,719.20 72,981.30 57,862.10 52,738.40 55,187.10

CURRENT ASSETS
Current Investments 3,912.20 0 4,100.10 8,415.70 1,218.80

Inventories 5,318.10 4,283.50 3,532.30 3,049.00 3,213.90

Trade Receivables 4,596.80 3,301.40 2,034.50 1,279.90 1,977.70

Cash And Cash Equivalents 2,827.40 41.6 3,042.20 3,047.10 29

Short Term Loans And Advances 32.7 29.7 30.5 23 17

OtherCurrentAssets 5,946.60 3,959.40 4,053.80 2,729.60 1,984.20

Total Current Assets 22,633.80 11,615.60 16,793.40 18,544.30 8,440.60

Total Assets 115,353.00 84,596.90 74,655.50 71,282.70 63,627.70

OTHER ADDITIONAL INFORMATION

CONTINGENT LIABILITIES,
COMMITMENTS

Contingent Liabilities 0 34,446.00 21,354.40 15,704.30 11,232.80

BONUS DETAILS

NON-CURRENT INVESTMENTS

Non-Current Investments Quoted

0 1,580.00 1,484.10 1,132.30 559.8
Market Value

Non-Current Investments Unquoted

0 47,648.50 40,612.50 33,426.60 35,650.00
Book Value

CURRENT INVESTMENTS

Current Investments Unquoted Book

0 0 4,100.10 8,415.70 1,218.80
Value
Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME

Revenue From Operations [Gross] 134,921.70 112,511.30 83,799.80 66,571.80 71,704.80

Revenue From Operations [Net] 134,921.70 112,511.30 83,799.80 66,571.80 71,704.80

Other Operating Revenues 6,936.50 5,060.00 4,530.00 3,800.20 3,955.20

Total Operating Revenues 141,858.20 117,571.30 88,329.80 70,372.00 75,660.00

Other Income 4,093.50 2,140.70 1,744.70 2,936.30 3,334.40

Total Revenue 145,951.70 119,712.00 90,074.50 73,308.30 78,994.40

EXPENSES

Cost Of Materials Consumed 78,915.30 46,669.60 39,739.60 33,296.40 34,634.80

Purchase Of Stock-In Trade 21,204.20 39,985.10 26,397.50 17,254.10 18,767.20

Changes In Inventories Of FG,WIP And

-378.6 -403.9 -93.1 273.6 -238.7
Stock-In Trade

Employee Benefit Expenses 6,301.60 4,634.60 4,051.40 3,431.60 3,416.20

Finance Costs 193.6 187 126.6 101.8 134.2

Depreciation And Amortisation Expenses 5,255.80 2,825.70 2,789.00 3,034.10 3,528.40

Other Expenses 17,289.40 15,805.50 12,672.70 10,837.50 11,889.60

Less: Inter Unit / Segment / Division
0 137.3 144.5 72.8 121.7
Transfer
Total Expenses 128,781.30 109,566.30 85,539.20 68,156.30 72,010.00
Profit/Loss Before Exceptional,
17,170.40 10,145.70 4,535.30 5,152.00 6,984.40
ExtraOrdinary Items And Tax

Profit/Loss Before Tax 17,170.40 10,145.70 4,535.30 5,152.00 6,984.40

Tax Expenses-Continued Operations

Current Tax 3,936.30 2,249.60 1,431.00 1,156.20 1,376.50

Deferred Tax 0 -137.5 -613.3 -224.3 48.7

Total Tax Expenses 3,936.30 2,112.10 817.7 931.9 1,425.20

Profit/Loss After Tax And Before

13,234.10 8,033.60 3,717.60 4,220.10 5,559.20
ExtraOrdinary Items

Profit/Loss From Continuing

13,234.10 8,033.60 3,717.60 4,220.10 5,559.20
Operations

Profit/Loss For The Period 13,234.10 8,033.60 3,717.60 4,220.10 5,559.20

Minority Interest 0 0 0 0 -1.6

Share Of Profit/Loss Of Associates 254.1 177.4 161.9 169 118.4

Consolidated Profit/Loss After MI And

13,488.20 8,211.00 3,879.50 4,389.10 5,676.00
Associates

OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE

Basic EPS (Rs.) 429 272 128 145 188

Diluted EPS (Rs.) 429 272 128 145 188

DIVIDEND AND DIVIDEND

PERCENTAGE
Equity Share Dividend 0 1,812.50 1,359.40 1,812.50 2,416.60

Tax On Dividend 0 0 0 0 496.8

Tata Motors
Consolidated Balance Sheet ------------------- in Rs. Cr. -------------------

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS

Equity Share Capital 766.5 766.02 765.88 765.81 719.54

Preference Share Capital 2,547.90 2,500.00 0 0 0

Total Share Capital 3,314.40 3,266.02 765.88 765.81 719.54

Reserves and Surplus 84,149.79 44,553.31 43,788.97 54,480.91 61,491.49

Total Reserves and Surplus 84,149.79 44,553.31 43,788.97 54,480.91 61,491.49

Money Received Against Share

0 0 0 0 867.5
Warrants

Total Shareholders Funds 87,464.19 47,819.33 44,554.85 55,246.72 63,078.53

Equity Share Application

1.73 2.46 6.39 0 0
Money

Minority Interest 8,175.91 7,277.72 4,271.06 1,573.49 813.56

NON-CURRENT LIABILITIES

Long Term Borrowings 62,148.53 88,695.81 97,759.17 93,112.77 83,315.62

Deferred Tax Liabilities [Net] 1,143.35 1,406.95 1,558.44 1,555.89 1,941.87

Other Long Term Liabilities 21,576.59 22,655.25 18,831.32 20,280.99 17,780.94

Long Term Provisions 16,536.66 13,196.53 12,955.89 13,606.76 14,736.69

Total Non-Current Liabilities 101,405.13 125,954.54 131,104.82 128,556.41 117,775.12

CURRENT LIABILITIES

Short Term Borrowings 36,351.56 36,964.66 41,917.87 21,662.79 16,362.53

Trade Payables 88,042.95 72,055.77 59,970.38 68,179.84 63,626.88

Other Current Liabilities 36,931.02 34,196.24 38,028.25 55,058.52 50,135.60

Short Term Provisions 12,291.47 11,810.66 10,766.31 12,848.03 10,329.04

Total Current Liabilities 173,617.00 155,027.33 150,682.81 157,749.18 140,454.05

Total Capital And Liabilities 370,663.96 336,081.38 330,619.93 343,125.80 322,121.26

ASSETS

NON-CURRENT ASSETS

Tangible Assets 81,184.15 84,442.47 87,586.15 86,130.71 84,158.17

Intangible Assets 39,241.05 46,796.69 50,462.13 51,773.18 42,171.91

Capital Work-In-Progress 10,937.33 5,219.87 3,529.04 8,377.14 8,599.56

Intangible Assets Under

24,761.10 9,054.63 6,722.05 12,586.79 27,022.73
Development

Fixed Assets 156,123.63 145,513.66 148,299.37 158,867.82 161,952.37

Non-Current Investments 8,717.83 7,540.85 6,670.31 5,569.09 5,446.94

Deferred Tax Assets [Net] 13,099.02 5,184.67 3,870.85 4,520.35 5,457.90

Long Term Loans And

441.58 870.65 843.35 1,204.59 782.78
Advances

Other Non-Current Assets 23,029.49 24,602.48 23,151.34 25,272.59 28,116.96

Total Non-Current Assets 202,271.81 184,552.91 183,642.39 196,238.16 202,534.01

CURRENT ASSETS

Current Investments 14,253.24 18,838.31 22,709.22 19,051.19 10,861.54

Inventories 47,788.29 40,755.39 35,240.34 36,088.59 37,456.88

Trade Receivables 16,951.81 15,737.97 12,442.12 12,679.08 11,172.69

Cash And Cash Equivalents 45,806.69 37,015.56 40,669.19 46,792.46 33,726.97

Short Term Loans And

196.7 2,302.84 1,671.93 1,749.40 935.25
Advances

OtherCurrentAssets 43,395.42 36,878.40 34,244.74 30,526.92 25,433.92

Total Current Assets 168,392.15 151,528.47 146,977.54 146,887.64 119,587.25

Total Assets 370,663.96 336,081.38 330,619.93 343,125.80 322,121.26

OTHER ADDITIONAL
INFORMATION
CONTINGENT LIABILITIES,
COMMITMENTS

Contingent Liabilities 43,055.25 39,477.30 18,470.45 17,773.75 15,590.75

BONUS DETAILS

Bonus Equity Share Capital 111.29 111.29 111.29 111.29 111.29

NON-CURRENT
INVESTMENTS

Non-Current Investments
2,035.32 1,733.69 1,345.52 499.39 316.46
Quoted Market Value

Non-Current Investments
1,342.23 1,131.50 975.4 868.91 711.59
Unquoted Book Value

CURRENT INVESTMENTS

Current Investments Quoted

265.29 134.45 685.62 0 0
Market Value

Current Investments Unquoted

13,987.95 18,703.86 22,023.60 19,051.19 10,861.54
Book Value
Consolidated Profit & Loss
------------------- in Rs. Cr. -------------------
account

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME

Revenue From Operations [Gross] 434,984.12 342,874.58 275,235.23 246,972.17 258,594.36

Revenue From Operations [Net] 434,984.12 342,874.58 275,235.23 246,972.17 258,594.36

Other Operating Revenues 2,943.65 3,092.38 3,218.39 2,822.58 2,473.61

Total Operating Revenues 437,927.77 345,966.96 278,453.62 249,794.75 261,067.97

Other Income 5,949.92 4,633.19 3,053.63 2,643.19 2,973.15

Total Revenue 443,877.69 350,600.15 281,507.25 252,437.94 264,041.12

EXPENSES

Cost Of Materials Consumed 249,277.79 208,944.31 160,920.56 141,357.27 152,671.47

Purchase Of Stock-In Trade 25,043.44 22,306.95 18,374.77 12,250.09 12,228.35

Operating And Direct Expenses 11,006.62 10,675.71 9,223.95 5,226.63 4,188.49

Changes In Inventories Of FG,WIP

-1,565.53 -4,781.62 1,590.49 4,684.16 2,231.19
And Stock-In Trade
Employee Benefit Expenses 42,486.64 33,654.70 30,808.52 27,648.48 30,438.60

Finance Costs 9,985.76 10,225.48 9,311.86 8,097.17 7,243.33

Depreciation And Amortisation

27,270.13 24,860.36 24,835.69 23,546.71 21,425.43
Expenses

Other Expenses 78,898.82 61,682.08 47,212.53 39,189.82 58,826.20

Less: Amounts Transfer To Capital

26,758.35 18,434.84 14,397.29 12,849.13 17,503.40
Accounts

Total Expenses 415,645.32 349,133.13 287,881.08 249,151.20 271,749.66

Profit/Loss Before Exceptional,
28,232.37 1,467.02 -6,373.83 3,286.74 -7,708.54
ExtraOrdinary Items And Tax

Exceptional Items -977.06 1,590.53 -629.58 -13,761.02 -2,871.44

Profit/Loss Before Tax 27,255.31 3,057.55 -7,003.41 -10,474.28 -10,579.98

Tax Expenses-Continued
Operations

Current Tax 4,937.13 3,258.35 2,669.98 1,710.18 1,893.05

Deferred Tax -8,788.77 -2,554.29 1,561.31 831.68 -1,497.80

Total Tax Expenses -3,851.64 704.06 4,231.29 2,541.86 395.25

Profit/Loss After Tax And Before
31,106.95 2,353.49 -11,234.70 -13,016.14 -10,975.23
ExtraOrdinary Items

Profit/Loss From Continuing

31,106.95 2,353.49 -11,234.70 -13,016.14 -10,975.23
Operations

Profit/Loss For The Period 31,106.95 2,353.49 -11,234.70 -13,016.14 -10,975.23

Minority Interest -407.66 -275.58 -132.71 -56.29 -95.62

Share Of Profit/Loss Of Associates 699.8 336.38 -74.06 -378.96 -1,000.00

Consolidated Profit/Loss After MI

31,399.09 2,414.29 -11,441.47 -13,451.39 -12,070.85
And Associates

OTHER ADDITIONAL
INFORMATION
EARNINGS PER SHARE

Basic EPS (Rs.) 82 6 -30 -37 -35

Diluted EPS (Rs.) 82 6 -30 -37 -35

DIVIDEND AND DIVIDEND

PERCENTAGE
Equity Share Dividend 771.16 0 0 0 0
Mahindra and Mahindra
Consolidated Balance
------------------- in Rs. Cr. -------------------
Sheet

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND
LIABILITIES
SHAREHOLDER'S
FUNDS
Equity Share Capital 557.38 556.82 556.06 555.15 554.28

Total Share Capital 557.38 556.82 556.06 555.15 554.28

Reserves and Surplus 65,633.17 55,548.64 46,343.12 40,771.89 39,150.07

Total Reserves and

65,633.17 55,548.64 46,343.12 40,771.89 39,150.07
Surplus
Employees Stock
0 260.33 223.46 254.88 264.96
Options

Total Shareholders
66,190.55 56,365.79 47,122.64 41,581.92 39,969.31
Funds

Minority Interest 11,318.79 10,716.32 9,702.62 9,070.31 7,691.74

NON-CURRENT
LIABILITIES
Long Term Borrowings 67,719.69 55,027.39 48,625.06 54,906.56 52,298.05

Deferred Tax Liabilities

1,772.13 1,608.64 1,786.10 1,494.16 1,511.89
[Net]
Other Long Term
11,990.64 9,778.27 9,090.06 6,362.65 7,142.02
Liabilities

Long Term Provisions 1,763.28 1,815.95 1,497.99 1,600.88 4,384.13

Total Non-Current
83,245.74 68,230.25 60,999.21 64,364.25 65,336.09
Liabilities

CURRENT
LIABILITIES
Short Term Borrowings 35,483.54 33,739.62 26,042.12 4,646.59 10,217.53

Trade Payables 25,665.64 23,835.66 19,036.55 15,505.79 14,985.35

Other Current Liabilities 13,273.47 11,814.65 10,241.47 30,219.29 27,055.10

Short Term Provisions 1,123.00 1,189.48 968.19 1,074.34 1,751.54

Total Current
75,545.65 70,579.41 56,288.33 51,446.01 54,009.52
Liabilities
Total Capital And
236,300.73 205,891.77 174,112.80 166,462.49 167,006.66
Liabilities
ASSETS
NON-CURRENT
ASSETS
Tangible Assets 33,720.34 20,351.33 21,902.26 17,611.65 24,417.18

Intangible Assets 0 4,239.75 2,775.83 2,463.13 3,759.78

Capital Work-In-
0 1,222.66 3,036.10 4,477.64 2,551.75
Progress

Intangible Assets Under

0 2,745.92 3,666.71 3,394.97 4,304.73
Development

Fixed Assets 33,720.34 28,559.66 31,380.90 27,947.39 35,033.44

Non-Current
21,573.46 21,006.50 19,210.55 18,745.84 12,914.78
Investments
Deferred Tax Assets
1,578.99 1,615.46 1,724.31 1,717.32 1,290.53
[Net]

Long Term Loans And

67,783.65 52,772.75 38,849.40 38,525.68 45,945.23
Advances

Other Non-Current
10,930.28 8,063.06 6,459.24 6,083.45 6,264.94
Assets
Total Non-Current
138,035.09 114,566.33 98,964.80 94,324.58 102,961.23
Assets
CURRENT ASSETS

Current Investments 13,634.64 14,265.92 10,849.88 10,031.82 6,295.56

Inventories 18,590.47 16,854.97 11,595.82 9,615.41 11,111.86

Trade Receivables 7,459.40 7,028.02 6,373.95 6,007.76 6,928.28

Cash And Cash

12,012.75 11,273.43 11,117.61 12,851.99 7,910.90
Equivalents

Short Term Loans And

39,060.13 34,684.81 29,242.26 29,119.55 27,963.68
Advances

OtherCurrentAssets 7,508.25 7,218.29 5,968.48 4,511.38 3,835.15

Total Current Assets 98,265.64 91,325.44 75,148.00 72,137.91 64,045.43

Total Assets 236,300.73 205,891.77 174,112.80 166,462.49 167,006.66

OTHER ADDITIONAL
INFORMATION
CONTINGENT
LIABILITIES,
COMMITMENTS
Contingent Liabilities 0 10,610.92 7,015.76 8,934.97 9,130.31

BONUS DETAILS
Bonus Equity Share
0 481.41 481.41 481.41 481.41
Capital
NON-CURRENT
INVESTMENTS

Non-Current
Investments Quoted 0 36,369.28 46,117.60 34,421.25 17,464.02
Market Value

Non-Current
Investments Unquoted 0 5,034.98 3,524.46 3,359.68 3,268.64
Book Value

CURRENT
INVESTMENTS

Current Investments
0 9,418.74 9,535.50 7,324.28 5,677.26
Quoted Market Value

Current Investments
0 4,847.39 1,315.04 2,708.39 618.3
Unquoted Book Value
Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME

Revenue From Operations [Gross] 139,078.27 119,040.38 89,353.96 72,678.98 74,304.07

Revenue From Operations [Net] 139,078.27 119,040.38 89,353.96 72,678.98 74,304.07

Other Operating Revenues 0 2,228.17 816.61 1,598.80 1,077.86

Total Operating Revenues 139,078.27 121,268.55 90,170.57 74,277.78 75,381.93

Other Income 2,176.42 1,206.49 934.51 1,033.11 1,028.69

Total Revenue 141,254.69 122,475.04 91,105.08 75,310.89 76,410.62

EXPENSES

Cost Of Materials Consumed 77,848.82 68,477.97 46,265.48 32,797.56 32,321.80

Purchase Of Stock-In Trade 7,221.25 7,541.90 6,399.37 5,473.64 5,273.50

Changes In Inventories Of FG,WIP And
-1,455.32 -2,032.31 -861.66 135.59 826.62
Stock-In Trade

Employee Benefit Expenses 10,624.33 9,677.95 8,386.74 7,813.26 8,214.82

Finance Costs 7,488.21 5,829.70 5,018.05 6,102.22 6,021.15

Depreciation And Amortisation Expenses 4,723.78 4,356.81 3,507.50 3,378.11 3,366.68

Other Expenses 19,947.26 17,317.75 15,452.96 14,541.92 15,871.20

Less: Amounts Transfer To Capital

0 0 155.17 160.74 317.58
Accounts
Total Expenses 126,398.33 111,169.77 84,013.27 70,081.56 71,578.19

Profit/Loss Before Exceptional,

14,856.36 11,305.27 7,091.81 5,229.33 4,832.43
ExtraOrdinary Items And Tax

Exceptional Items 0 1,249.52 414.17 -1,158.26 -1,171.28

Profit/Loss Before Tax 14,856.36 12,554.79 7,505.98 4,071.07 3,661.15

Tax Expenses-Continued Operations

Current Tax 3,707.97 2,742.04 1,868.10 2,014.89 2,314.16

Deferred Tax 0 -56.29 240.66 -369.08 -338.55

Total Tax Expenses 3,707.97 2,685.75 2,108.76 1,645.81 1,975.61

Profit/Loss After Tax And Before
11,148.39 9,869.04 5,397.22 2,425.26 1,685.54
ExtraOrdinary Items
Profit/Loss From Continuing
11,148.39 9,869.04 5,397.22 2,425.26 1,685.54
Operations

Profit Loss From Discontinuing Operations 0 0 0 -2,189.53 -3,033.82

Net Profit Loss From Discontinuing

0 0 0 -2,189.53 -3,033.82
Operations

Profit/Loss For The Period 11,148.39 9,869.04 5,397.22 235.73 -1,348.28

Minority Interest -1,001.18 -1,092.98 -675.69 300.1 448.04

Share Of Profit/Loss Of Associates 1,121.43 1,505.44 1,855.79 1,276.66 1,027.28

Consolidated Profit/Loss After MI And

11,268.64 10,281.50 6,577.32 1,812.49 127.04
Associates

OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE

Basic EPS (Rs.) 100 92 59 16 -1

Diluted EPS (Rs.) 0 92 59 16 -1

DIVIDEND AND DIVIDEND
PERCENTAGE
Equity Share Dividend 0 1,284.77 979.17 262.16 1,135.09
TVS Motor
Consolidated Balance Sheet ------------------- in Rs. Cr. -------------------

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS

Equity Share Capital 47.51 47.51 47.51 47.51 47.51

Total Share Capital 47.51 47.51 47.51 47.51 47.51

Reserves and Surplus 6,736.00 5,457.49 4,351.94 3,779.10 3,234.59

Total Reserves and Surplus 6,736.00 5,457.49 4,351.94 3,779.10 3,234.59

Total Shareholders Funds 6,783.51 5,505.00 4,399.45 3,826.61 3,282.10

Minority Interest 727.6 404.85 653.56 387.9 320.94

NON-CURRENT LIABILITIES

Long Term Borrowings 12,629.32 9,064.08 7,305.77 6,280.26 5,221.23

Deferred Tax Liabilities [Net] 196.46 208.37 207.56 218.9 173.77

Other Long Term Liabilities 535.18 600.65 457.78 210.87 204.12

Long Term Provisions 270.18 231.26 196.24 159.44 131.42

Total Non-Current Liabilities 13,631.14 10,104.36 8,167.35 6,869.47 5,730.54

CURRENT LIABILITIES

Short Term Borrowings 12,657.30 12,562.15 7,991.51 3,069.25 3,780.70

Trade Payables 6,638.22 5,096.67 4,624.99 4,298.60 3,186.84

Other Current Liabilities 1,616.05 1,444.14 1,127.80 3,455.52 2,967.13

Short Term Provisions 166.64 115.74 107.42 85.34 90.57

Total Current Liabilities 21,078.21 19,218.70 13,851.72 10,908.71 10,025.24

Total Capital And Liabilities 42,220.46 35,232.91 27,072.08 21,992.69 19,358.82

ASSETS

NON-CURRENT ASSETS

Tangible Assets 6,326.72 4,315.10 4,515.68 3,504.30 3,439.38

Intangible Assets 0 835.88 889.49 528.44 183

Capital Work-In-Progress 0 315.81 320.18 873.89 847.14

Intangible Assets Under
0 427.64 231.35 166.88 158.87
Development
Fixed Assets 6,326.72 5,894.43 5,956.70 5,073.51 4,628.39

Non-Current Investments 960 775.33 474.33 468.01 370.91

Deferred Tax Assets [Net] 394.28 305.73 217.88 127.62 86.65

Long Term Loans And
12,054.55 10,321.42 6,716.45 5,361.97 4,148.49
Advances
Other Non-Current Assets 367.85 331.72 289.17 236.43 197.07

Total Non-Current Assets 20,700.45 18,225.68 14,224.00 11,455.85 9,619.82

CURRENT ASSETS

Current Investments 163.19 191.92 130.23 0 0

Inventories 2,248.40 1,921.51 1,642.36 1,367.43 1,188.47

Trade Receivables 1,839.42 1,232.20 1,155.24 1,035.97 1,454.36

Cash And Cash Equivalents 2,425.73 1,879.11 1,535.61 1,656.85 1,107.57

Short Term Loans And
13,417.26 10,225.16 7,299.25 5,794.23 5,306.84
Advances
OtherCurrentAssets 1,426.01 1,557.33 1,085.39 682.36 681.76
Total Current Assets 21,520.01 17,007.23 12,848.08 10,536.84 9,739.00

Total Assets 42,220.46 35,232.91 27,072.08 21,992.69 19,358.82

OTHER ADDITIONAL
INFORMATION
CONTINGENT LIABILITIES,
COMMITMENTS
Contingent Liabilities 0 660.49 716.64 629.15 436.13

BONUS DETAILS

Bonus Equity Share Capital 0 23.75 23.75 23.75 23.75

NON-CURRENT
INVESTMENTS
Non-Current Investments
0 1 1.03 80.95 33.23
Quoted Market Value
Non-Current Investments
0 363.1 108.48 99.44 162.48
Unquoted Book Value
CURRENT INVESTMENTS
Current Investments Unquoted
0 191.92 130.23 0 0
Book Value
Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME

Revenue From Operations [Gross] 39,144.74 31,189.19 23,767.38 19,072.72 18,321.02

Revenue From Operations [Net] 39,144.74 31,189.19 23,767.38 19,072.72 18,321.02

Other Operating Revenues 0 784.8 587.93 348.1 528.29

Total Operating Revenues 39,144.74 31,973.99 24,355.31 19,420.82 18,849.31

Other Income 105.82 138 32.87 47.22 51.83

Total Revenue 39,250.56 32,111.99 24,388.18 19,468.04 18,901.14

EXPENSES

Cost Of Materials Consumed 23,717.91 20,093.26 15,938.65 12,700.73 12,050.84

Purchase Of Stock-In Trade 1,011.69 890.95 579.04 224.92 259.2

Changes In Inventories Of FG,WIP And
-324.35 -140.93 -260.4 -0.19 6.73
Stock-In Trade
Employee Benefit Expenses 3,385.19 2,890.25 2,124.03 1,689.37 1,539.35

Finance Costs 1,927.72 1,367.89 940.22 881.49 854.54

Depreciation And Amortisation
975.12 858.86 742.86 564.82 556
Expenses
Other Expenses 5,810.89 4,173.08 3,219.36 2,568.16 2,720.14

Total Expenses 36,504.17 30,133.36 23,283.76 18,629.30 17,986.80

Profit/Loss Before Exceptional,
2,746.39 1,978.63 1,104.42 838.74 914.34
ExtraOrdinary Items And Tax
Exceptional Items 0 -1.87 -40.12 -9.36 -40.33

Profit/Loss Before Tax 2,746.39 1,976.76 1,064.30 829.38 874.01

Tax Expenses-Continued Operations

Current Tax 924.38 703.46 364.55 249.76 294.65

Deferred Tax 0 -76.89 -28.64 -35.63 -76.03

Total Tax Expenses 924.38 626.57 335.91 214.13 218.62

Profit/Loss After Tax And Before
1,822.01 1,350.19 728.39 615.25 655.39
ExtraOrdinary Items
Profit/Loss From Continuing
1,822.01 1,350.19 728.39 615.25 655.39
Operations
Profit/Loss For The Period 1,822.01 1,350.19 728.39 615.25 655.39

Minority Interest -92.17 19.21 25.94 -13.24 -22.18

Share Of Profit/Loss Of Associates -43.47 -40.73 2.49 -7.75 -8.59

Consolidated Profit/Loss After MI
1,686.37 1,328.67 756.82 594.26 624.62
And Associates
OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE

Basic EPS (Rs.) 36 28 16 13 13

Diluted EPS (Rs.) 36 28 16 13 13

DIVIDEND AND DIVIDEND
PERCENTAGE
Equity Share Dividend 0 237.54 178.16 166.28 166.28

Tax On Dividend 0 0 0 0 34.18

Hero Motocorp
Consolidated Balance Sheet ------------------- in Rs. Cr. -------------------

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS

Equity Share Capital 39.98 39.97 39.96 39.96 39.95

Total Share Capital 39.98 39.97 39.96 39.96 39.95

Reserves and Surplus 17,658.94 16,579.97 15,782.24 15,357.42 14,350.90

Total Reserves and Surplus 17,658.94 16,579.97 15,782.24 15,357.42 14,350.90

Employees Stock Options 0 35.63 24.45 19.04 15.44

Total Shareholders Funds 17,698.92 16,655.57 15,846.65 15,416.42 14,406.29

Minority Interest 135.65 125.06 148.05 143.19 140.6

NON-CURRENT LIABILITIES

Long Term Borrowings 0 20.09 36.17 45.18 44.02

Deferred Tax Liabilities [Net] 570.13 485.79 378.21 452.74 472.58

Other Long Term Liabilities 377.26 415.96 370.55 358.46 207.62

Long Term Provisions 322.46 201.94 181.13 175.57 123.9

Total Non-Current Liabilities 1,269.85 1,123.78 966.06 1,031.95 848.12

CURRENT LIABILITIES

Short Term Borrowings 363.43 293.15 317.31 285.16 165.88

Trade Payables 5,622.90 4,760.14 4,343.09 5,264.18 3,127.62

Other Current Liabilities 902.6 766.65 678.08 779.37 825.87

Short Term Provisions 159.44 192.68 179.15 175.82 159.69

Total Current Liabilities 7,048.37 6,012.62 5,517.63 6,504.53 4,279.06

Total Capital And Liabilities 26,152.79 23,917.03 22,478.39 23,096.09 19,674.07

ASSETS

NON-CURRENT ASSETS

Tangible Assets 6,240.29 5,640.70 5,872.24 6,061.91 6,305.03

Intangible Assets 0 518.5 321.3 318.48 167.9

Capital Work-In-Progress 0 122.09 149.13 236.4 204.64

Intangible Assets Under Development 0 331.62 368.09 258.73 186.69

Fixed Assets 6,240.29 6,612.91 6,710.76 6,875.52 6,864.26

Non-Current Investments 8,446.16 7,219.08 4,657.56 4,356.28 3,649.52

Deferred Tax Assets [Net] 335.68 0 0 0 0

Long Term Loans And Advances 21.15 19.87 59.44 52.64 67.68

Other Non-Current Assets 794.06 629.84 478.41 441.17 443.41

Total Non-Current Assets 15,837.34 14,481.70 11,906.17 11,725.61 11,024.87

CURRENT ASSETS

Current Investments 4,305.08 3,671.85 5,870.31 6,225.34 4,709.12

Inventories 1,755.90 1,756.39 1,472.41 1,789.27 1,282.32

Trade Receivables 2,630.22 2,719.47 2,158.49 2,274.68 1,511.91

Cash And Cash Equivalents 696.47 422.8 299.74 396.24 435.41

Short Term Loans And Advances 24.56 23.71 22.81 39.77 23.75
OtherCurrentAssets 903.22 841.11 748.46 645.18 686.69

Total Current Assets 10,315.45 9,435.33 10,572.22 11,370.48 8,649.20

Total Assets 26,152.79 23,917.03 22,478.39 23,096.09 19,674.07

OTHER ADDITIONAL INFORMATION

CONTINGENT LIABILITIES,
COMMITMENTS
Contingent Liabilities 0 965.03 659.37 488.61 510.1

BONUS DETAILS

Bonus Equity Share Capital 0 23.96 23.96 23.96 23.96

NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market
0 1,390.60 989.37 614.74 214.87
Value
Non-Current Investments Unquoted Book
0 5,781.21 3,668.19 3,741.78 3,441.70
Value
CURRENT INVESTMENTS

Current Investments Quoted Market Value 0 115.26 85.48 89.44 150.35

Current Investments Unquoted Book

0 3,561.63 5,786.62 6,136.94 4,559.92
Value
Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------

Mar 24 Mar-23 Mar-22 Mar-21 Mar-20

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME

Revenue From Operations [Gross] 37,788.62 33,737.72 28,977.64 30,451.59 28,813.93

Less: Excise/Sevice Tax/Other Levies 0 0 0 0 1.35

Revenue From Operations [Net] 37,788.62 33,737.72 28,977.64 30,451.59 28,812.58

Other Operating Revenues 0 420.66 573.64 507.6 441.39

Total Operating Revenues 37,788.62 34,158.38 29,551.28 30,959.19 29,253.97

Other Income 854.54 569.01 555.01 557.9 730.56

Total Revenue 38,643.16 34,727.39 30,106.29 31,517.09 29,984.53

EXPENSES

Cost Of Materials Consumed 24,836.89 24,060.29 20,845.74 21,968.04 20,004.29

Purchase Of Stock-In Trade 484.2 47.43 45.95 31.14 0

Changes In Inventories Of FG,WIP And
188.35 -163.69 28.67 -255.57 -173.34
Stock-In Trade
Employee Benefit Expenses 2,471.55 2,250.05 1,995.78 1,951.02 1,889.32

Finance Costs 76.37 104.88 53.1 46.41 46.64

Depreciation And Amortisation
757.36 697.39 689.52 715.12 845.76
Expenses
Other Expenses 4,458.00 3,870.53 3,190.37 3,165.05 3,472.78

Total Expenses 33,272.72 30,866.88 26,849.13 27,621.21 26,085.45

Profit/Loss Before Exceptional,
5,370.44 3,860.51 3,257.16 3,895.88 3,899.08
ExtraOrdinary Items And Tax
Exceptional Items -159.99 0 0 0 677.37

Profit/Loss Before Tax 5,210.45 3,860.51 3,257.16 3,895.88 4,576.45

Tax Expenses-Continued Operations

Current Tax 1,348.04 947.69 805.44 931.38 1,096.79

Deferred Tax 0 116.03 -76.38 -18.11 -145.12

Total Tax Expenses 1,348.04 1,063.72 729.06 913.27 951.67

Profit/Loss After Tax And Before
3,862.41 2,796.79 2,528.10 2,982.61 3,624.78
ExtraOrdinary Items
Profit/Loss From Continuing
3,862.41 2,796.79 2,528.10 2,982.61 3,624.78
Operations
Profit/Loss For The Period 3,862.41 2,796.79 2,528.10 2,982.61 3,624.78

Minority Interest 2.67 10.06 -12.17 -18.3 -21.3

Share Of Profit/Loss Of Associates -120.25 3.11 -199.05 -46.56 34.63

Consolidated Profit/Loss After MI
3,744.83 2,809.96 2,316.88 2,917.75 3,638.11
And Associates
OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE

Basic EPS (Rs.) 187 141 116 146 182

Diluted EPS (Rs.) 187 141 116 146 182

DIVIDEND AND DIVIDEND
PERCENTAGE
Equity Share Dividend 0 1,998.33 1,898.13 1,897.81 1,937.44

Tax On Dividend 0 0 1.12 2.49 401.46

Maruti Suzuki India
FYE PAT(Profit after Tax) TR(Total Revenue) TA(Total Assets)
2024 13,234.10 145,951.70 115,353.00
2023 8,033.60 119,712.00 84,596.90
2022 3,717.60 90,074.50 74,655.50
2021 4,220.10 73,308.30 71,282.70
2020 5,559.20 78,994.40 63,627.70

Tata Motors
FYE PAT(Profit after Tax) TR(Total Revenue) TA(Total Assets)
2024 31,106.95 443,877.69 370,663.96
2023 2,353.49 350,600.15 336,081.38
2022 -11,234.70 281,507.25 330,619.93
2021 -13,016.14 252,437.94 343,125.80
2020 -10,975.23 264,041.12 322,121.26

Mahindra and Mahindra

FYE PAT(Profit after Tax) TR(Total Revenue) TA(Total Assets)
2024 11,148.39 141,254.69 236,300.73
2023 9,869.04 122,475.04 205,891.77
2022 5,397.22 91,105.08 174,112.80
2021 235.73 75,310.89 166,462.49
2020 -1,348.28 76,410.62 167,006.66

TVS Motors
FYE PAT(Profit after Tax) TR(Total Revenue) TA(Total Assets)
2024 1,822.01 39,250.56 42,220.46
2023 1,350.19 32,111.99 35,232.91
2022 728.39 24,388.18 27,072.08
2021 615.25 19,468.04 21,992.69
2020 655.39 18,901.14 19,358.82

Hero Motocorp
FYE PAT(Profit after Tax) TR(Total Revenue) TA(Total Assets)
2024 3,862.41 38,643.16 26,152.79
2023 2,796.79 34,727.39 23,917.03
2022 2,528.10 30,106.29 22,478.39
2021 2,982.61 31,517.09 23,096.09
2020 3,624.78 29,984.53 19,674.07
OE(Owner's Equity) Profit Margin(PAT/TR) Asset Turnover(TR/TA) Equity Multiplier(TA/OE)
85,636.00 0.0906745176657757 1.26526141496103 1.34701527395021
61,791.30 0.0671077252071639 1.41508731407416 1.36907461082709
55,333.50 0.0412725022065068 1.20653535238529 1.34919171930205
52,500.60 0.0575664692811046 1.02841643203751 1.3577501971406
49,413.00 0.0703746088330312 1.24150959409188 1.28767126059944

OE(Owner's Equity) Profit Margin(PAT/TR) Asset Turnover(TR/TA) Equity Multiplier(TA/OE)

87,464.19 0.0700800033450656 1.19752049808133 4.23789393121917
47,819.33 0.00671274670019394 1.04320016181795 7.02814907695277
44,554.85 -0.0399090964797532 0.851452754224466 7.42051493832882
55,246.72 -0.0515617422642571 0.735700842081825 6.21079043244558
63,078.53 -0.0415663666325912 0.819694794438591 5.10667036787319

OE(Owner's Equity) Profit Margin(PAT/TR) Asset Turnover(TR/TA) Equity Multiplier(TA/OE)

66,190.55 0.0789240343099404 0.597775089395619 3.57000704783387
56,365.79 0.0805800104249813 0.594851557204059 3.65277892849546
47,122.64 0.0592417019994933 0.523253201372903 3.69488636460096
41,581.92 0.00313009181009546 0.452419581132062 4.00324203403787
39,969.31 -0.0176451912050969 0.457530376333495 4.17837235619029

OE(Owner's Equity) Profit Margin(PAT/TR) Asset Turnover(TR/TA) Equity Multiplier(TA/OE)

6,783.51 0.0464199746449477 0.92965732727687 6.22398433849143
5,505.00 0.0420462886292628 0.911420316970696 6.40016530426885
4,399.45 0.0298665173046943 0.900860960812764 6.15351464387594
3,826.61 0.0316030786869146 0.885205038583275 5.74730374927155
3,282.10 0.0346746280912157 0.976358063146411 5.89830291581609

OE(Owner's Equity) Profit Margin(PAT/TR) Asset Turnover(TR/TA) Equity Multiplier(TA/OE)

17,698.92 0.0999506769115155 1.47759225688732 1.47764891869108
16,655.57 0.0805355657306812 1.45199424844974 1.43597787406855
15,846.65 0.0839724854839304 1.33934369854781 1.4184947607223
15,416.42 0.0946346886720824 1.36460716943864 1.49814872713639
14,406.29 0.12088833808634 1.52406339918482 1.36565833396384
DuPont RoE
0.1545389789
0.1300118301
0.0671853398
0.0803819385
0.1125048064

DuPont RoE
0.3556535538
0.0492162897
-0.252154367
-0.2356002311
-0.1739931162

DuPont RoE
0.1684287259
0.1750891809
0.1145356033
0.0056690504
-0.0337328816

DuPont RoE
0.2685939875
0.2452661217
0.1655638773
0.1607819976
0.1996861765

DuPont RoE
0.2182285699
0.1679192006
0.1595352961
0.1934696901
0.2516109283