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8/4/2019 BALANCESHEET PANTA[1]

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BALANCESHEET-PANTALOONS RETAIL (IND) LTD

Particulars Jun'10 Jun'09 Jun'08

Liabilities12

Months

12

Months

12

Months

Share Capital 228.77 60.94 95.12

Reserves & Surplus 2,527.48 2,211.48 1,751.50

Net Worth 2,756.25 2,272.42 1,846.62

Secured Loans 1,236.03 2,525.53 1,991.77

Unsecured Loans 150.19 324.86 200.01

TOTAL LIABILITIES 4,142.47 5,122.81 4,038.40

Assets

Gross Block 1,417.04 1,876.45 1,368.76(-) Acc. Depreciation 294.89 307.69 170.59

Net Block 1,122.15 1,568.76 1,198.17

Capital Work in Progress. 59.68 345.23 330.64

Investments. 2,002.91 954.03 586.52

Inventories 1,270.67 1,787.84 1,429.84

Sundry Debtors 123.57 177.25 113.16

Cash And Bank 100.54 109.34 121.1

Loans And Advances 452.89 1,211.08 991.66

Total Current Assets 1,947.67 3,285.51 2,655.76

Current Liabilities 965.72 1,010.26 715.11

Provisions 24.22 20.46 17.58

Total Current Liabilities 989.94 1,030.72 732.69

NET CURRENT ASSETS 957.73 2,254.79 1,923.07

Misc. Expenses 0 0 0

TOTAL ASSETS

(A+B+C+D+E)4,142.47 5,122.81 4,038.40


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Reserves and surpluses has increased


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PROFIT AND LOSS-PANTALOONS RETAIL (IND) LTD

Jun'10 Jun'09 Jun'08

12 Months 12 Months 12 Months

INCOME:

Sales Turnover 6,316.66 6,661.42 5,295.88

Excise Duty 0 0 0

NET SALES 6,316.66 6,661.42 5,295.88

Other Income 0 0 0

TOTAL INCOME 6,338.99 6,673.50 5,326.81

EXPENDITURE:

Manufacturing Expenses 99.14 115.91 100.66

Material Consumed 4,089.51 4,481.95 3,556.21

Personal Expenses 280.18 275.94 275.78

Selling Expenses 543.13 443.36 372.54Administrative Expenses 704.26 672.01 527.28

Expenses Capitalised 0 0 0

Provisions Made 0 0 0

TOTAL EXPENDITURE 5,716.22 5,989.17 4,832.47

Operating Profit 600.44 672.25 463.41

EBITDA 622.77 684.33 494.34

Depreciation 161.88 140.05 83.39

Other Write-offs 0 0 0

EBIT 460.89 544.28 410.95

Interest 299.79 317.76 201.45

EBT 161.1 226.52 209.5

Taxes 37.25 75.38 69.68

Profit and Loss for the

Year123.85 151.14 139.82

Non Recurring Items 51.41 -10.29 -13.88

Other Non Cash

Adjustments3.17 -0.2 0.03

Other Adjustments 1.13 0 0

REPORTED PAT 179.56 140.58 125.97

KEY ITEMS

Preference Dividend 0 0 0

Equity Dividend 17.13 11.57 10.67

Equity Dividend (%) 41.54 30.39 33.49

Shares in Issue (Lakhs) 2,061.43 1,903.21 1,592.92

EPS - Annualised (Rs) 8.71 7.39 7.91


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Net sales of the company has increased in the year 2009 as compared to 2008 but it has decreased in2010 as compared to 2011 .the reason for the decline is rise in raw material prices, inflation and additionalexcise duty. In apparels, raw material costs have been the biggest concern said company investor update.Though the prices of raw materials such as cotton have reduced, it is still high when compared to last year

.moreove. apparel prices-increased due to the mandatory 10% excise duty on branded garments

introduced in the Union budget and soaring cotton prices-for the fall in demand.

Total expenditure of pantaloons india has increased for both the years .this has happened because of

because the rise in cost of production-raw material, labour and borrowing costs-have outweighed

increase in prices.

EBIT increased by 38.60% in 2009 as compared to 2008 but it decreased in the year 2010 by

38.41% as compared to 2009. This is because of reduction in net sales and increase in total

expenditure.

Taxes increased in the year 2009 but it decreased in 2010 by 38.43% as compared to 2009.

Profit and loss for the year has increased in the year 2009 compared to 2008 but decreased

further in 2010 because of reduction in net sales and increase in total expenditure.

Net pat has increased in both the years .the reason for increase in 2010 is because of non

reccuring items.


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SHAREHOLDING PATTERN PANTALOONS RETAIL LTD

Holder's Name No of Shares % Share Holding

Promoters 90363248 44.92%

ForeignInstitutions 49046511 24.38%

NBanksMutualFunds 15497481 7.70%

FinancialInstitutions 13987235 6.95%

OtherCompanies 13829376 6.88%

GeneralPublic 12900660 6.41%

Others 5369766 2.67%

ForeignNRI 110662 0.06%

Directors 37600 0.02%


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44.92%

24.38%

7.70%

6.95%

6.88%

6.41%

2.67%

0.06% 0.02%

No of Shares

Promoters

Fore

I stitutions

NB nksMutualFunds

FinancialInstitutions

OtherCompanies

GeneralPublic

Others

ForeignNRI

Directors


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Ratios Year 2010 Year2009

ebt-equity 0.50 1.3

nventory turnover 1.30 1.40

Dividend payout ratio 11.16 9.63

Dividend yield ratio(%) 0.23 0.43

E 7.00 6.2

CE 13.40 11.30Working capital ratio 0.10 0.20

et profit margin(%) 3.00 2.20

P/E ratio 41.5 20.24

EPS 9.4 8.0

Comments on ratios

Debt-equity ratio:-

The ratio is less than 1, which means equity provides majority of financing for the year 2010.But for

the year 2009 the ratio is more than 1 which means assets were mainly financed by debt. But it was

well within the limit. As compared to previous year the ratio has decreased which means company is

repaying its debt and concentrating more on equity for financing.

nventory turnover :-

The inventory turnover ratio is very low for both the years. The low value implies that company is

inefficient in managing the inventory level. The ratio has decreased compared to previous year

implying sales has declined and therefore excess inventory.

Dividend payout ratio:-

The ratio is low for both the years which means that most of the earnings of the company is

ploughed back into business. This is a good sign aslower payout ratio means higher retained earnings

which in turn implies company is in a stronger financial position.

Dividend yield ratio:-

The ratio has decreased as compared to previous year which is not a good sign from investors point

of view as it indicates that the intending investor is not going to get effective returns on the

proposed investment.

eturn on equity ( E):-

This ratio has increased compared to previous year. This ratio is of great importance to the

present and prospective shareholders as well as the management of the


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company. As the ratio has increased from previous year it reveals how well the

resources of the firm are being used. As the primary objective of business is to

maximize its earnings, the above ratio indicates that the primary objective of

business is achieved to greater extent.

Return on capital employed:-

Looking at this ratio it is clear that the ROCE has increased as compared to

previous year which is clear indication and supports the previous findings that

the company is making profits. It indicates how well the management has used

the investment made by owners and creditors into the business.

Net profit margin ratio:-

Earning per share (EPS) :-

Comparatively the EPS of the company has increased as compared to previous y

ear which means earning power of the company has increased .this is a good

sign revealing that company is into profits.

P/E ratio:-

P/E ratio of the company has increased by almost 100 % which indicates good

demand for shares and high share price and high expectation of future profits.

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