www.icmai.in:@0.798205:0.974748:0.923794:0.974748:0.923794:0.957721:0.798205:0.957721:0.015775:0.015775:0.015775:0.005780:0.006278:0.009118:0.016807:0.011271:0.006278:0.005780:0.006278:0.010674
May 2017:@0.406839:0.977956:0.492193:0.977956:0.492193:0.962673:0.406839:0.962673:0.015974:0.009606:0.010131:0.004740:0.011452:0.011452:0.011452:0.010547
80:@0.079500:0.980264:0.102295:0.980264:0.102295:0.958570:0.079500:0.958570:0.011940:0.010855
The Management Accountant:@0.122650:0.977954:0.372489:0.977954:0.372489:0.962671:0.122650:0.962671:0.011452:0.011452:0.009009:0.004740:0.015974:0.010131:0.011452:0.009968:0.009787:0.009009:0.015974:0.009009:0.011452:0.006748:0.004740:0.013713:0.009009:0.009009:0.010131:0.011452:0.011452:0.006748:0.010131:0.011452:0.005843
l:@0.382870:0.976735:0.397343:0.976735:0.397343:0.966042:0.382870:0.966042:0.014473
Interpretation:@0.076923:0.132537:0.189131:0.132537:0.189131:0.114450:0.076923:0.114450:0.005566:0.010220:0.006705:0.009004:0.006743:0.010353:0.006459:0.009004:0.006705:0.009745:0.006705:0.004806:0.009973:0.010220
Above statement show that, significant improvement in major liquidity ratios. Current ratio has increased from :@0.092308:0.147102:0.926853:0.147102:0.926853:0.131819:0.092308:0.131819:0.012809:0.009226:0.008756:0.008521:0.008105:0.003618:0.006965:0.005843:0.009064:0.005843:0.008105:0.015070:0.008105:0.010547:0.005843:0.003618:0.006965:0.010547:0.008883:0.013767:0.003618:0.005843:0.010547:0.009064:0.005843:0.004704:0.003618:0.006965:0.004704:0.009226:0.010547:0.004704:0.004613:0.004613:0.008105:0.009226:0.010547:0.005843:0.003618:0.004704:0.015070:0.009226:0.006965:0.008756:0.008521:0.008105:0.015070:0.008105:0.010547:0.005843:0.003618:0.004704:0.010547:0.003618:0.015070:0.009226:0.004704:0.009226:0.006965:0.003618:0.004704:0.004704:0.009226:0.010547:0.004704:0.009226:0.004704:0.005843:0.009226:0.003618:0.006802:0.009064:0.005843:0.004704:0.009226:0.006965:0.004704:0.003618:0.010547:0.010547:0.007598:0.006965:0.008105:0.010547:0.005843:0.003618:0.006802:0.009064:0.005843:0.004704:0.009226:0.003618:0.010547:0.009226:0.006965:0.003618:0.004704:0.010547:0.008105:0.006965:0.008105:0.009226:0.006965:0.008105:0.009226:0.003618:0.004704:0.006965:0.009226:0.015070:0.003835
1.10 to 1.18 in the year 2015-16. An ideal current ratio is 2:1. :@0.076930:0.163076:0.555785:0.163076:0.555785:0.147794:0.076930:0.147794:0.010547:0.004704:0.010547:0.010547:0.003835:0.005843:0.009226:0.003835:0.010547:0.004704:0.010547:0.010547:0.003835:0.004704:0.010547:0.003835:0.005843:0.010547:0.008105:0.003835:0.008521:0.008105:0.009226:0.006965:0.003835:0.010547:0.010547:0.010547:0.010547:0.005843:0.010547:0.010547:0.004704:0.003835:0.012809:0.010547:0.003835:0.004704:0.009226:0.008105:0.009226:0.004704:0.003835:0.008105:0.010547:0.007598:0.006965:0.008105:0.010547:0.005843:0.003835:0.006802:0.009064:0.005843:0.004704:0.009226:0.003835:0.004704:0.006965:0.003835:0.010547:0.004704:0.010547:0.004704:0.003835
“Absolute figures unless converted into relative ones are meaningless.”:@0.092308:0.179051:0.620009:0.179051:0.620009:0.163769:0.092308:0.163769:0.004505:0.012809:0.009226:0.006965:0.009226:0.004704:0.010547:0.005843:0.008105:0.003835:0.004613:0.004613:0.009226:0.010547:0.006965:0.008105:0.006965:0.003835:0.010547:0.010547:0.004704:0.008105:0.006965:0.006965:0.003835:0.008105:0.009226:0.009842:0.008521:0.008105:0.007490:0.005843:0.008105:0.009226:0.003835:0.004704:0.010547:0.005843:0.009226:0.003835:0.006965:0.008105:0.004704:0.009064:0.005843:0.004360:0.008521:0.008105:0.003835:0.009226:0.010547:0.008105:0.006965:0.003835:0.009226:0.006965:0.008105:0.003835:0.015070:0.008105:0.009226:0.010547:0.004704:0.010547:0.008883:0.004704:0.008105:0.006965:0.006965:0.004704:0.008105
FINANCIAL RATIO STATEMENT AND VARIANCES:@0.084801:0.198826:0.456878:0.198826:0.456878:0.184940:0.084801:0.184940:0.009167:0.005943:0.011365:0.011365:0.012049:0.010860:0.005943:0.011365:0.009492:0.003631:0.011528:0.009899:0.010176:0.005943:0.012212:0.003631:0.008825:0.008890:0.009899:0.010176:0.009672:0.014931:0.009672:0.012049:0.010176:0.003631:0.011365:0.012049:0.012212:0.003631:0.008727:0.011365:0.011528:0.005943:0.011365:0.012049:0.010860:0.009672:0.008825
S.no:@0.084801:0.218798:0.117397:0.218798:0.117397:0.204912:0.084801:0.204912:0.008336:0.004412:0.010518:0.009330
Particulars:@0.147486:0.218798:0.233586:0.218798:0.233586:0.204912:0.147486:0.204912:0.010372:0.008988:0.007734:0.006269:0.005096:0.008304:0.010339:0.005096:0.008988:0.007620:0.007294
Concept:@0.436460:0.218798:0.500025:0.218798:0.500025:0.204912:0.436460:0.204912:0.010860:0.009330:0.010518:0.008304:0.008792:0.009492:0.006269
2014-15 2015-16 Variance:@0.680056:0.218798:0.911424:0.218798:0.911424:0.204912:0.680056:0.204912:0.010176:0.010176:0.010176:0.010176:0.005422:0.010176:0.010176:0.015566:0.010176:0.010176:0.010176:0.010176:0.005422:0.010176:0.010176:0.015566:0.009444:0.008988:0.007457:0.005096:0.008988:0.010518:0.008304:0.008483
A:@0.084801:0.238771:0.096165:0.238771:0.096165:0.224885:0.084801:0.224885:0.011365
Solvency /Leverage Ratio:@0.147486:0.238771:0.337075:0.238771:0.337075:0.224885:0.147486:0.224885:0.008825:0.009330:0.005096:0.008076:0.008483:0.010518:0.008467:0.008304:0.003631:0.006448:0.009492:0.008336:0.008076:0.008483:0.007620:0.008516:0.008825:0.008483:0.003631:0.011267:0.008988:0.006269:0.005096:0.009330
A.1:@0.084801:0.258743:0.110754:0.258743:0.110754:0.244857:0.084801:0.244857:0.011365:0.004412:0.010176
Debt Equity Ratio:@0.147486:0.258743:0.265645:0.258743:0.265645:0.244989:0.147486:0.244989:0.010518:0.007294:0.008304:0.005259:0.003452:0.008304:0.008304:0.009492:0.004233:0.005259:0.008304:0.003452:0.010030:0.008157:0.005259:0.004233:0.008304
Total Debt/ Net Worth:@0.514581:0.258743:0.665581:0.258743:0.665581:0.244989:0.514581:0.244989:0.008369:0.008304:0.005259:0.008304:0.004233:0.003452:0.010518:0.007294:0.008304:0.005259:0.006269:0.003452:0.011528:0.007294:0.005259:0.003452:0.014654:0.008304:0.006741:0.005259:0.009492
2.56:@0.714916:0.258743:0.747626:0.258743:0.747626:0.244989:0.714916:0.244989:0.009492:0.004233:0.009492:0.009492
1.40:@0.796961:0.258743:0.829672:0.258743:0.829672:0.244989:0.796961:0.244989:0.009492:0.004233:0.009492:0.009492
-1.16:@0.875522:0.258743:0.913492:0.258743:0.913492:0.244989:0.875522:0.244989:0.005259:0.009492:0.004233:0.009492:0.009492
A.2:@0.084784:0.278716:0.110738:0.278716:0.110738:0.264830:0.084784:0.264830:0.011365:0.004412:0.010176
Solvency Ratio:@0.147470:0.278716:0.247654:0.278716:0.247654:0.264962:0.147470:0.264962:0.008304:0.008304:0.004233:0.007669:0.007294:0.009492:0.007148:0.008304:0.003452:0.010030:0.008157:0.005259:0.004233:0.008304
Net worth/Total Assets:@0.509404:0.278716:0.665565:0.278716:0.665565:0.264962:0.509404:0.264962:0.011528:0.007294:0.005259:0.003452:0.011756:0.008304:0.006741:0.005259:0.009492:0.006269:0.008369:0.008304:0.005259:0.008304:0.004233:0.003452:0.011528:0.006269:0.006269:0.007294:0.005259:0.006269
0.07:@0.714900:0.278716:0.747610:0.278716:0.747610:0.264962:0.714900:0.264962:0.009492:0.004233:0.009492:0.009492
0.13:@0.796945:0.278716:0.829655:0.278716:0.829655:0.264962:0.796945:0.264962:0.009492:0.004233:0.009492:0.009492
0.06:@0.880765:0.278716:0.913475:0.278716:0.913475:0.264962:0.880765:0.264962:0.009492:0.004233:0.009492:0.009492
A.3:@0.084768:0.298689:0.110722:0.298689:0.110722:0.284802:0.084768:0.284802:0.011365:0.004412:0.010176
Fixed asset to Net worth Ratio:@0.147454:0.298689:0.349465:0.298689:0.349465:0.284934:0.147454:0.284934:0.008304:0.004233:0.008043:0.007294:0.008304:0.003452:0.008304:0.006269:0.006269:0.007294:0.005259:0.003452:0.005259:0.008304:0.003452:0.011528:0.007294:0.005259:0.003452:0.011756:0.008304:0.006741:0.005259:0.009492:0.003452:0.010030:0.008157:0.005259:0.004233:0.008304
Net worth/Fixed Assets:@0.507678:0.298689:0.665549:0.298689:0.665549:0.284934:0.507678:0.284934:0.011528:0.007294:0.005259:0.003452:0.011756:0.008304:0.006741:0.005259:0.009492:0.006269:0.008304:0.004233:0.008043:0.007294:0.008304:0.003452:0.011528:0.006269:0.006269:0.007294:0.005259:0.006269
0.72:@0.714883:0.298689:0.747594:0.298689:0.747594:0.284934:0.714883:0.284934:0.009492:0.004233:0.009492:0.009492
0.82:@0.796928:0.298689:0.829639:0.298689:0.829639:0.284934:0.796928:0.284934:0.009492:0.004233:0.009492:0.009492
0.10:@0.880748:0.298689:0.913459:0.298689:0.913459:0.284934:0.880748:0.284934:0.009492:0.004233:0.009492:0.009492
A.4:@0.084752:0.318661:0.110705:0.318661:0.110705:0.304775:0.084752:0.304775:0.011365:0.004412:0.010176
Gross profit to Total Income Ratio (%):@0.147438:0.318661:0.399858:0.318661:0.399858:0.304907:0.147438:0.304907:0.010518:0.006269:0.008304:0.006269:0.006269:0.003452:0.008304:0.006269:0.008304:0.004152:0.004152:0.005259:0.003452:0.005259:0.008304:0.002801:0.008369:0.008304:0.005259:0.008304:0.004233:0.003452:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294:0.003452:0.010030:0.008157:0.005259:0.004233:0.008304:0.003452:0.005259:0.012553:0.005259
Gross profit/Total Income:@0.492617:0.318661:0.665532:0.318661:0.665532:0.304907:0.492617:0.304907:0.010518:0.006269:0.008304:0.006269:0.006269:0.003452:0.008304:0.006269:0.008304:0.004152:0.004152:0.005259:0.006269:0.008369:0.008304:0.005259:0.008304:0.004233:0.003452:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294
0.08:@0.714867:0.318661:0.747578:0.318661:0.747578:0.304907:0.714867:0.304907:0.009492:0.004233:0.009492:0.009492
0.07:@0.796912:0.318661:0.829623:0.318661:0.829623:0.304907:0.796912:0.304907:0.009492:0.004233:0.009492:0.009492
-0.01:@0.875473:0.318661:0.913443:0.318661:0.913443:0.304907:0.875473:0.304907:0.005259:0.009492:0.004233:0.009492:0.009492
A.5:@0.084735:0.338634:0.110689:0.338634:0.110689:0.324748:0.084735:0.324748:0.011365:0.004412:0.010176
Net profit to Total Income ratio (%):@0.147421:0.338634:0.382388:0.338634:0.382388:0.324879:0.147421:0.324879:0.011528:0.007294:0.005259:0.003452:0.008304:0.006269:0.008304:0.004152:0.004152:0.005259:0.003452:0.005259:0.008304:0.002801:0.008369:0.008304:0.005259:0.008304:0.004233:0.003452:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294:0.003452:0.006122:0.008157:0.005259:0.004233:0.008304:0.003452:0.005259:0.012553:0.005259
Net Profit/Total Income:@0.504959:0.338634:0.665516:0.338634:0.665516:0.324879:0.504959:0.324879:0.011528:0.007294:0.005259:0.003452:0.009492:0.006269:0.008304:0.004152:0.004152:0.005259:0.006269:0.008369:0.008304:0.005259:0.008304:0.004233:0.003452:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294
0.12:@0.714851:0.338634:0.747561:0.338634:0.747561:0.324879:0.714851:0.324879:0.009492:0.004233:0.009492:0.009492
0.20:@0.796896:0.338634:0.829607:0.338634:0.829607:0.324879:0.796896:0.324879:0.009492:0.004233:0.009492:0.009492
0.08:@0.880716:0.338634:0.913427:0.338634:0.913427:0.324879:0.880716:0.324879:0.009492:0.004233:0.009492:0.009492
A.6:@0.084719:0.358606:0.110673:0.358606:0.110673:0.344720:0.084719:0.344720:0.011365:0.004412:0.010176
Gross Value added  (Rs.Lakhs:@0.147405:0.358606:0.344678:0.358606:0.344678:0.344852:0.147405:0.344852:0.010518:0.006269:0.008304:0.006269:0.006269:0.003452:0.008890:0.008304:0.004233:0.009492:0.007294:0.003452:0.008304:0.008467:0.008304:0.007294:0.008304:0.003452:0.003452:0.005259:0.010518:0.006269:0.004233:0.008304:0.008304:0.008304:0.009492:0.006269
):@0.344678:0.358606:0.350442:0.358606:0.350442:0.344720:0.344678:0.344720:0.005764
(Income -Rm-P&C-Pac):@0.506506:0.358606:0.665500:0.358606:0.665500:0.344852:0.506506:0.344852:0.005259:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294:0.003452:0.005259:0.010518:0.013563:0.005259:0.009492:0.010518:0.009492:0.005259:0.008857:0.008304:0.007294:0.005259
6185.52:@0.686357:0.358606:0.747545:0.358606:0.747545:0.344852:0.686357:0.344852:0.009492:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
5516.14:@0.768402:0.358606:0.829590:0.358606:0.829590:0.344852:0.768402:0.344852:0.009492:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
-669.38:@0.856456:0.358606:0.913410:0.358606:0.913410:0.344852:0.856456:0.344852:0.005259:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
A.7:@0.084703:0.378579:0.110656:0.378579:0.110656:0.364693:0.084703:0.364693:0.011365:0.004412:0.010176
Net Value added  (Rs.Lakhs:@0.147389:0.378579:0.331115:0.378579:0.331115:0.364824:0.147389:0.364824:0.011528:0.007294:0.005259:0.003452:0.008890:0.008304:0.004233:0.009492:0.007294:0.003452:0.008304:0.008467:0.008304:0.007294:0.008304:0.003452:0.003452:0.005259:0.010518:0.006269:0.004233:0.008304:0.008304:0.008304:0.009492:0.006269
):@0.331115:0.378579:0.336879:0.378579:0.336879:0.364693:0.331115:0.364693:0.005764
Gross Value added-Depreciation:@0.450153:0.378579:0.665484:0.378579:0.665484:0.364824:0.450153:0.364824:0.010518:0.006269:0.008304:0.006269:0.006269:0.003452:0.008890:0.008304:0.004233:0.009492:0.007294:0.003452:0.008304:0.008467:0.008304:0.007294:0.008304:0.005259:0.010518:0.007294:0.008304:0.006269:0.007294:0.007294:0.004233:0.008157:0.005259:0.004233:0.008304:0.009492
5915.60:@0.686341:0.378579:0.747529:0.378579:0.747529:0.364824:0.686341:0.364824:0.009492:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
5206.93:@0.768386:0.378579:0.829574:0.378579:0.829574:0.364824:0.768386:0.364824:0.009492:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
-708.67:@0.856439:0.378579:0.913394:0.378579:0.913394:0.364824:0.856439:0.364824:0.005259:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
A.8:@0.084687:0.398551:0.110640:0.398551:0.110640:0.384665:0.084687:0.384665:0.011365:0.004412:0.010176
Raw material to Value of output:@0.147372:0.398551:0.364705:0.398551:0.364705:0.384797:0.147372:0.384797:0.010030:0.007832:0.012391:0.003452:0.013563:0.008157:0.005259:0.007294:0.006269:0.004233:0.008304:0.004233:0.003452:0.005259:0.008304:0.003452:0.008890:0.008304:0.004233:0.009492:0.007294:0.003452:0.008304:0.006317:0.003452:0.008304:0.009492:0.005259:0.008304:0.009492:0.005259
(Raw material +Process & :@0.489719:0.398551:0.668919:0.398551:0.668919:0.384797:0.489719:0.384797:0.005259:0.010030:0.007832:0.012391:0.003452:0.013563:0.008157:0.005259:0.007294:0.006269:0.004233:0.008304:0.004233:0.003452:0.010860:0.009492:0.006269:0.008304:0.007294:0.007294:0.006269:0.006269:0.003452:0.010518:0.003452
Chem.)/Value of output:@0.504014:0.412330:0.665467:0.412330:0.665467:0.398575:0.504014:0.398575:0.009492:0.009492:0.007294:0.013563:0.004233:0.005259:0.006269:0.008890:0.008304:0.004233:0.009492:0.007294:0.003452:0.008304:0.006317:0.003452:0.008304:0.009492:0.005259:0.008304:0.009492:0.005259
76.04:@0.705309:0.398551:0.747512:0.398551:0.747512:0.384797:0.705309:0.384797:0.009492:0.009492:0.004233:0.009492:0.009492
80.65:@0.787355:0.398551:0.829558:0.398551:0.829558:0.384797:0.787355:0.384797:0.009492:0.009492:0.004233:0.009492:0.009492
4.61:@0.880667:0.398551:0.913378:0.398551:0.913378:0.384797:0.880667:0.384797:0.009492:0.004233:0.009492:0.009492
A.9:@0.084670:0.438484:0.110624:0.438484:0.110624:0.424598:0.084670:0.424598:0.011365:0.004412:0.010176
Wages to Total Income (%):@0.147356:0.438484:0.327029:0.438484:0.327029:0.424730:0.147356:0.424730:0.014491:0.008157:0.007994:0.007294:0.006269:0.003452:0.005259:0.008304:0.002801:0.008369:0.008304:0.005259:0.008304:0.004233:0.003452:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294:0.003452:0.005259:0.012553:0.005259
Wages/Total Income:@0.525849:0.438484:0.665451:0.438484:0.665451:0.424730:0.525849:0.424730:0.014491:0.008157:0.007994:0.007294:0.006269:0.006269:0.008369:0.008304:0.005259:0.008304:0.004233:0.003452:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294
5.07:@0.714786:0.438484:0.747496:0.438484:0.747496:0.424730:0.714786:0.424730:0.009492:0.004233:0.009492:0.009492
5.45:@0.796831:0.438484:0.829541:0.438484:0.829541:0.424730:0.796831:0.424730:0.009492:0.004233:0.009492:0.009492
0.38:@0.880651:0.438484:0.913361:0.438484:0.913361:0.424730:0.880651:0.424730:0.009492:0.004233:0.009492:0.009492
A.10:@0.084654:0.458457:0.120784:0.458457:0.120784:0.444571:0.084654:0.444571:0.011365:0.004412:0.010176:0.010176
Interest to Value output (%):@0.147340:0.458457:0.334502:0.458457:0.334502:0.444703:0.147340:0.444703:0.005259:0.009492:0.005259:0.007294:0.006269:0.007294:0.006269:0.005259:0.003452:0.005259:0.008304:0.003452:0.008890:0.008304:0.004233:0.009492:0.007294:0.003452:0.008304:0.009492:0.005259:0.008304:0.009492:0.005259:0.003452:0.005259:0.012553:0.005259
Interest /Value output:@0.515542:0.458457:0.665435:0.458457:0.665435:0.444703:0.515542:0.444703:0.005259:0.009492:0.005259:0.007294:0.006269:0.007294:0.006269:0.005259:0.003452:0.006269:0.008890:0.008304:0.004233:0.009492:0.007294:0.003452:0.008304:0.009492:0.005259:0.008304:0.009492:0.005259
6.4:@0.724262:0.458457:0.747480:0.458457:0.747480:0.444703:0.724262:0.444703:0.009492:0.004233:0.009492
6.13:@0.796815:0.458457:0.829525:0.458457:0.829525:0.444703:0.796815:0.444703:0.009492:0.004233:0.009492:0.009492
-0.27:@0.875375:0.458457:0.913345:0.458457:0.913345:0.444703:0.875375:0.444703:0.005259:0.009492:0.004233:0.009492:0.009492
A.11:@0.084638:0.478430:0.120768:0.478430:0.120768:0.464543:0.084638:0.464543:0.011365:0.004412:0.010176:0.010176
Net Profit to Equity (%):@0.147324:0.478430:0.303371:0.478430:0.303371:0.464675:0.147324:0.464675:0.011528:0.007294:0.005259:0.003452:0.009492:0.006269:0.008304:0.004152:0.004152:0.005259:0.003452:0.005259:0.008304:0.003452:0.008304:0.008304:0.009492:0.004233:0.005259:0.008304:0.003452:0.005259:0.012553:0.005259
Net profit/Equity:@0.551281:0.478430:0.665418:0.478430:0.665418:0.464675:0.551281:0.464675:0.011528:0.007294:0.005259:0.003452:0.008304:0.006269:0.008304:0.004152:0.004152:0.005259:0.006269:0.008304:0.008304:0.009492:0.004233:0.005259:0.008304
3.18:@0.714753:0.478430:0.747464:0.478430:0.747464:0.464675:0.714753:0.464675:0.009492:0.004233:0.009492:0.009492
5.64:@0.796798:0.478430:0.829509:0.478430:0.829509:0.464675:0.796798:0.464675:0.009492:0.004233:0.009492:0.009492
2.46:@0.880618:0.478430:0.913329:0.478430:0.913329:0.464675:0.880618:0.464675:0.009492:0.004233:0.009492:0.009492
A.12:@0.084621:0.498402:0.120751:0.498402:0.120751:0.484516:0.084621:0.484516:0.011365:0.004412:0.010176:0.010176
Capital employed Turnover ratio:@0.147307:0.498402:0.365780:0.498402:0.365780:0.484648:0.147307:0.484648:0.009492:0.008157:0.008304:0.004233:0.005259:0.008304:0.004233:0.003452:0.007294:0.013563:0.008304:0.004233:0.008092:0.007669:0.007294:0.008304:0.002801:0.009183:0.009492:0.006676:0.009492:0.007881:0.007669:0.007294:0.006269:0.003452:0.006122:0.008157:0.005259:0.004233:0.008304
Sales / Capital Employed :@0.500628:0.498402:0.668854:0.498402:0.668854:0.484648:0.500628:0.484648:0.008304:0.008304:0.004233:0.007294:0.006269:0.003452:0.006269:0.003452:0.009492:0.008157:0.008304:0.004233:0.005259:0.008304:0.004233:0.003452:0.008304:0.013563:0.008304:0.004233:0.008092:0.007669:0.007294:0.008304:0.003452
4.90:@0.714737:0.498402:0.747447:0.498402:0.747447:0.484648:0.714737:0.484648:0.009492:0.004233:0.009492:0.009492
2.35:@0.796782:0.498402:0.829493:0.498402:0.829493:0.484648:0.796782:0.484648:0.009492:0.004233:0.009492:0.009492
-2.55:@0.875343:0.498402:0.913313:0.498402:0.913313:0.484648:0.875343:0.484648:0.005259:0.009492:0.004233:0.009492:0.009492
A.13:@0.084605:0.518375:0.120735:0.518375:0.120735:0.504489:0.084605:0.504489:0.011365:0.004412:0.010176:0.010176
Return on Capital Employed (%):@0.147291:0.518375:0.363810:0.518375:0.363810:0.504620:0.147291:0.504620:0.009883:0.007294:0.005259:0.009492:0.006676:0.009492:0.003452:0.008304:0.009492:0.003452:0.009492:0.008157:0.008304:0.004233:0.005259:0.008304:0.004233:0.003452:0.008304:0.013563:0.008304:0.004233:0.008092:0.007669:0.007294:0.008304:0.003452:0.005259:0.012553:0.005259
EBIT/Capital Employed:@0.509371:0.518375:0.665386:0.518375:0.665386:0.504620:0.509371:0.504620:0.008304:0.009492:0.005259:0.009492:0.006269:0.009492:0.008157:0.008304:0.004233:0.005259:0.008304:0.004233:0.003452:0.008304:0.013563:0.008304:0.004233:0.008092:0.007669:0.007294:0.008304
31.98:@0.705228:0.518375:0.747431:0.518375:0.747431:0.504620:0.705228:0.504620:0.009492:0.009492:0.004233:0.009492:0.009492
14.86:@0.787273:0.518375:0.829476:0.518375:0.829476:0.504620:0.787273:0.504620:0.009492:0.009492:0.004233:0.009492:0.009492
-17.12:@0.865834:0.518375:0.913296:0.518375:0.913296:0.504620:0.865834:0.504620:0.005259:0.009492:0.009492:0.004233:0.009492:0.009492
Interpretation:@0.076923:0.547883:0.189131:0.547883:0.189131:0.529796:0.076923:0.529796:0.005566:0.010220:0.006705:0.009004:0.006743:0.010353:0.006459:0.009004:0.006705:0.009745:0.006705:0.004806:0.009973:0.010220
1) The table shows that the total Debt Equity ratio has decreased in the year 2015-2016 from 2.56 to 1.40.  :@0.092308:0.562448:0.926564:0.562448:0.926564:0.547165:0.092308:0.547165:0.010656:0.005970:0.004016:0.010656:0.010656:0.008231:0.004740:0.005952:0.008828:0.009335:0.004812:0.008231:0.004740:0.007074:0.010656:0.009009:0.013876:0.007074:0.004740:0.005970:0.010656:0.009190:0.005952:0.004740:0.005952:0.010674:0.008213:0.004740:0.005952:0.009353:0.005952:0.009335:0.004830:0.004740:0.011795:0.008213:0.009353:0.005952:0.004740:0.009335:0.009353:0.010656:0.004830:0.005952:0.009335:0.004740:0.006929:0.009172:0.005970:0.004812:0.009335:0.004740:0.010674:0.009335:0.007074:0.004740:0.009353:0.008213:0.008213:0.007092:0.008213:0.009353:0.007074:0.008213:0.009353:0.004740:0.004812:0.010656:0.004740:0.005970:0.010656:0.008213:0.004740:0.008648:0.008213:0.009353:0.007074:0.004740:0.010656:0.010674:0.010656:0.010656:0.005970:0.010656:0.010656:0.010674:0.010656:0.004740:0.004812:0.007092:0.009335:0.015178:0.004740:0.010674:0.004812:0.010656:0.010674:0.004740:0.005952:0.009335:0.004740:0.010674:0.004812:0.010656:0.010674:0.004704:0.000000:0.003835
During FY 2015-16 factory has raised soft loan from banks to pay FRP as per Government norms this has resulted :@0.076930:0.578422:0.926871:0.578422:0.926871:0.563140:0.076930:0.563140:0.011687:0.010547:0.006965:0.004704:0.010547:0.009226:0.003275:0.009226:0.011687:0.003275:0.010547:0.010547:0.010547:0.010547:0.005843:0.010547:0.010547:0.003275:0.004885:0.009226:0.008105:0.005843:0.009226:0.007327:0.009226:0.003275:0.010547:0.009226:0.006965:0.003275:0.006802:0.009226:0.004704:0.006965:0.008105:0.009226:0.003275:0.006965:0.009226:0.004704:0.005843:0.003275:0.004704:0.009226:0.009226:0.010547:0.003275:0.004704:0.006965:0.009226:0.015070:0.003275:0.009226:0.009226:0.010547:0.009226:0.006965:0.003275:0.005843:0.009226:0.003275:0.009226:0.008702:0.009226:0.003275:0.009226:0.011687:0.010547:0.003275:0.009226:0.006965:0.003275:0.009226:0.008105:0.006965:0.003275:0.011687:0.008756:0.008521:0.008105:0.007417:0.010547:0.015070:0.008105:0.010547:0.005843:0.003275:0.010547:0.009226:0.007128:0.015070:0.006965:0.003275:0.005843:0.010547:0.004704:0.006965:0.003275:0.010547:0.009226:0.006965:0.003275:0.006965:0.008105:0.006965:0.010547:0.004704:0.005843:0.008105:0.009226:0.003835
substantial increase in outside liabilities.  :@0.076930:0.594397:0.388098:0.594397:0.388098:0.579115:0.076930:0.579115:0.006965:0.010547:0.009226:0.006965:0.005843:0.009226:0.010547:0.005843:0.004704:0.009226:0.004704:0.003835:0.004704:0.010547:0.008105:0.006965:0.008105:0.009226:0.006965:0.008105:0.003835:0.004704:0.010547:0.003835:0.009226:0.010547:0.005843:0.006965:0.004704:0.009226:0.008105:0.003835:0.004704:0.004704:0.008702:0.009226:0.004704:0.004704:0.004704:0.005843:0.004704:0.008105:0.006965:0.004704:0.003835:0.003835
2) The above table shows the gross profit ratio of the table indicates that the ratio in the year 2015 was 0.08 and :@0.092308:0.610372:0.926727:0.610372:0.926727:0.595089:0.092308:0.595089:0.010547:0.005843:0.002587:0.010547:0.010547:0.008105:0.003311:0.008702:0.009226:0.008756:0.008521:0.008105:0.003311:0.005843:0.008702:0.009226:0.004704:0.008105:0.003311:0.006965:0.010547:0.008883:0.013767:0.006965:0.003311:0.005843:0.010547:0.008105:0.003311:0.009570:0.006965:0.009226:0.006965:0.006965:0.003311:0.009226:0.006965:0.009226:0.004613:0.004613:0.005843:0.003311:0.006802:0.009064:0.005843:0.004704:0.009226:0.003311:0.009226:0.007019:0.003311:0.005843:0.010547:0.008105:0.003311:0.005843:0.008702:0.009226:0.004704:0.008105:0.003311:0.004704:0.010547:0.009226:0.004704:0.008105:0.009064:0.005843:0.008105:0.006965:0.003311:0.005843:0.010547:0.009064:0.005843:0.003311:0.005843:0.010547:0.008105:0.003311:0.006802:0.009064:0.005843:0.004704:0.009226:0.003311:0.004704:0.010547:0.003311:0.005843:0.010547:0.008105:0.003311:0.008521:0.008105:0.009226:0.006965:0.003311:0.010547:0.010547:0.010547:0.010547:0.003311:0.013243:0.009226:0.006965:0.003311:0.010547:0.004704:0.010547:0.010547:0.003311:0.009226:0.010547:0.009226:0.003835
in the year 2016 it decreased to 0.07. :@0.076930:0.626347:0.363060:0.626347:0.363060:0.611064:0.076930:0.611064:0.004704:0.010547:0.003835:0.005843:0.010547:0.008105:0.003835:0.008521:0.008105:0.009226:0.006965:0.003835:0.010547:0.010547:0.010547:0.010547:0.003835:0.004704:0.005843:0.003835:0.009226:0.008105:0.008105:0.006965:0.008105:0.009226:0.006965:0.008105:0.009226:0.003835:0.005843:0.009226:0.003835:0.010547:0.004704:0.010547:0.010547:0.004704:0.003835
“Analyzing is like dissecting. It may not change the past it can improve the future”:@0.092308:0.642322:0.705110:0.642322:0.705110:0.627039:0.092308:0.627039:0.004505:0.012809:0.010547:0.009226:0.004179:0.009226:0.006965:0.004704:0.010547:0.009226:0.003835:0.004704:0.006965:0.003835:0.004704:0.004704:0.008684:0.008105:0.003835:0.009226:0.004704:0.006965:0.006965:0.008105:0.008105:0.005843:0.004704:0.010547:0.008883:0.004704:0.003835:0.005843:0.005843:0.003835:0.015070:0.008702:0.009226:0.003835:0.010547:0.009226:0.005843:0.003835:0.008105:0.010547:0.009226:0.010547:0.008883:0.008105:0.003835:0.005843:0.010547:0.008105:0.003835:0.009226:0.009226:0.006965:0.005843:0.003835:0.004704:0.005843:0.003835:0.008105:0.009226:0.010547:0.003835:0.004704:0.015070:0.009226:0.006965:0.008756:0.008521:0.008105:0.003835:0.005843:0.010547:0.008105:0.003835:0.004704:0.010547:0.005843:0.010547:0.006965:0.008105:0.008105
Variance Analysis:@0.085064:0.682525:0.219521:0.682525:0.219521:0.668639:0.085064:0.668639:0.009444:0.008988:0.007457:0.005096:0.008988:0.010518:0.008304:0.008483:0.003631:0.011365:0.010518:0.008988:0.004689:0.008304:0.007294:0.005096:0.007294
Intra Firm Variance Analysis for the year 2014-15 and 2015-16:@0.085064:0.696303:0.566752:0.696303:0.566752:0.682417:0.085064:0.682417:0.005943:0.010518:0.006269:0.007620:0.008988:0.003631:0.009167:0.005096:0.007864:0.014589:0.003631:0.009444:0.008988:0.007457:0.005096:0.008988:0.010518:0.008304:0.008483:0.003631:0.011365:0.010518:0.008988:0.004689:0.008304:0.007294:0.005096:0.007294:0.003631:0.005259:0.009330:0.007457:0.003631:0.006269:0.010518:0.008483:0.003631:0.007750:0.008483:0.008988:0.007457:0.003631:0.010176:0.010176:0.010176:0.010176:0.005422:0.010176:0.010176:0.003631:0.008988:0.010518:0.009672:0.003631:0.010176:0.010176:0.010176:0.010176:0.005422:0.010176:0.010176
Particulars:@0.085064:0.720194:0.171164:0.720194:0.171164:0.706308:0.085064:0.706308:0.010372:0.008988:0.007734:0.006269:0.005096:0.008304:0.010339:0.005096:0.008988:0.007620:0.007294
2014-15:@0.286717:0.720194:0.353197:0.720194:0.353197:0.706308:0.286717:0.706308:0.010176:0.010176:0.010176:0.010176:0.005422:0.010176:0.010176
2015-16:@0.371335:0.720194:0.437815:0.720194:0.437815:0.706308:0.371335:0.706308:0.010176:0.010176:0.010176:0.010176:0.005422:0.010176:0.010176
Variance  AbsoluteVari-:@0.454667:0.720194:0.640787:0.720194:0.640787:0.706308:0.454667:0.706308:0.009444:0.008988:0.007457:0.005096:0.008988:0.010518:0.008304:0.008483:0.003631:0.011137:0.011365:0.009492:0.007294:0.009330:0.005096:0.010339:0.006269:0.008483:0.009444:0.008988:0.007457:0.005096:0.005422
ance Rs. Lakh:@0.536712:0.733972:0.643017:0.733972:0.643017:0.720086:0.536712:0.720086:0.008988:0.010518:0.008304:0.008483:0.003631:0.011528:0.007294:0.004412:0.003631:0.009492:0.008988:0.010518:0.010518
Formula:@0.659544:0.720194:0.723955:0.720194:0.723955:0.706308:0.659544:0.706308:0.008206:0.009330:0.007864:0.014589:0.010339:0.005096:0.008988
Cane Crushed Lakh MT:@0.085064:0.761924:0.244335:0.761924:0.244335:0.748170:0.085064:0.748170:0.009492:0.008304:0.009492:0.007294:0.003452:0.009492:0.006529:0.009492:0.006269:0.009492:0.007294:0.008304:0.003452:0.008304:0.008304:0.008304:0.009492:0.003452:0.013563:0.009492
6.75:@0.286717:0.761924:0.319428:0.761924:0.319428:0.748170:0.286717:0.748170:0.009492:0.004233:0.009492:0.009492
7.31:@0.371335:0.761924:0.404046:0.761924:0.404046:0.748170:0.371335:0.748170:0.009492:0.004233:0.009492:0.009492
0.56:@0.454667:0.761924:0.487377:0.761924:0.487377:0.748170:0.454667:0.748170:0.009492:0.004233:0.009492:0.009492
201.36:@0.536712:0.761924:0.588407:0.761924:0.588407:0.748170:0.536712:0.748170:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
14-15yr’s pmt contribution X:@0.659544:0.755035:0.861474:0.755035:0.861474:0.741281:0.659544:0.741281:0.009492:0.009492:0.005259:0.009492:0.009492:0.008304:0.006269:0.003924:0.006269:0.003452:0.008304:0.013563:0.005259:0.003452:0.007294:0.008304:0.009492:0.005259:0.006269:0.004233:0.008304:0.009492:0.005259:0.004233:0.008304:0.009492:0.003452:0.010518
excess crushing:@0.659544:0.768813:0.766256:0.768813:0.766256:0.755059:0.659544:0.755059:0.006985:0.008043:0.007294:0.007294:0.006269:0.006269:0.003452:0.007294:0.006529:0.009492:0.006269:0.009492:0.004233:0.009492:0.008304
1) Income From Operations:@0.085064:0.788618:0.271787:0.788618:0.271787:0.774864:0.085064:0.774864:0.009492:0.005259:0.003452:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294:0.003452:0.008157:0.006269:0.008304:0.013563:0.003452:0.010681:0.008304:0.007294:0.006122:0.008157:0.005259:0.004233:0.008304:0.009492:0.006269
PMT Income:@0.286717:0.788618:0.383140:0.788618:0.383140:0.774732:0.286717:0.774732:0.010518:0.014931:0.010176:0.003631:0.005943:0.010518:0.008304:0.009330:0.014589:0.008483
PMT:@0.454667:0.788618:0.490292:0.788618:0.490292:0.774732:0.454667:0.774732:0.010518:0.014931:0.010176
  1.1) Sugar Reliazation:@0.085064:0.808591:0.243212:0.808591:0.243212:0.794836:0.085064:0.794836:0.003452:0.003452:0.009492:0.004233:0.009492:0.005259:0.003452:0.008304:0.009492:0.007832:0.008304:0.006269:0.003452:0.009883:0.007294:0.004233:0.004233:0.008304:0.006269:0.008157:0.005259:0.004233:0.008304:0.009492
3905.23:@0.286717:0.808591:0.347905:0.808591:0.347905:0.794836:0.286717:0.794836:0.009492:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
3802.58:@0.371335:0.808591:0.432523:0.808591:0.432523:0.794836:0.371335:0.794836:0.009492:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
-102.64:@0.454667:0.808591:0.511621:0.808591:0.511621:0.794836:0.454667:0.794836:0.005259:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
-750.45:@0.536712:0.808591:0.593666:0.808591:0.593666:0.794836:0.536712:0.794836:0.005259:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
PMT variance X 15-16 yr’s crushing:@0.659544:0.808591:0.908154:0.808591:0.908154:0.794836:0.659544:0.794836:0.009492:0.013563:0.009492:0.003452:0.007994:0.008304:0.006269:0.004233:0.008304:0.009492:0.007294:0.007294:0.003452:0.010518:0.003452:0.009492:0.009492:0.005259:0.009492:0.009492:0.003452:0.008304:0.006269:0.003924:0.006269:0.003452:0.007294:0.006529:0.009492:0.006269:0.009492:0.004233:0.009492:0.008304
  1.2) Bagasse:@0.085064:0.828563:0.177514:0.828563:0.177514:0.814809:0.085064:0.814809:0.003452:0.003452:0.009492:0.004233:0.009492:0.005259:0.003452:0.009492:0.008157:0.007832:0.008304:0.006269:0.006269:0.007294
41.37:@0.286717:0.828563:0.328920:0.828563:0.328920:0.814809:0.286717:0.814809:0.009492:0.009492:0.004233:0.009492:0.009492
74.21:@0.371335:0.828563:0.413538:0.828563:0.413538:0.814809:0.371335:0.814809:0.009492:0.009492:0.004233:0.009492:0.009492
32.84:@0.454667:0.828563:0.496870:0.828563:0.496870:0.814809:0.454667:0.814809:0.009492:0.009492:0.004233:0.009492:0.009492
240.13:@0.536712:0.828563:0.588407:0.828563:0.588407:0.814809:0.536712:0.814809:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
PMT variance X 15-16 yr’s crushing:@0.659544:0.828563:0.908154:0.828563:0.908154:0.814809:0.659544:0.814809:0.009492:0.013563:0.009492:0.003452:0.007994:0.008304:0.006269:0.004233:0.008304:0.009492:0.007294:0.007294:0.003452:0.010518:0.003452:0.009492:0.009492:0.005259:0.009492:0.009492:0.003452:0.008304:0.006269:0.003924:0.006269:0.003452:0.007294:0.006529:0.009492:0.006269:0.009492:0.004233:0.009492:0.008304
  1.3) Molasses:@0.085064:0.848536:0.184401:0.848536:0.184401:0.834781:0.085064:0.834781:0.003452:0.003452:0.009492:0.004233:0.009492:0.005259:0.003452:0.013563:0.008304:0.004233:0.008304:0.006269:0.006269:0.007294:0.006269
140.52:@0.286717:0.848536:0.338413:0.848536:0.338413:0.834781:0.286717:0.834781:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
179.55:@0.371335:0.848536:0.423031:0.848536:0.423031:0.834781:0.371335:0.834781:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
39.04:@0.454667:0.848536:0.496870:0.848536:0.496870:0.834781:0.454667:0.834781:0.009492:0.009492:0.004233:0.009492:0.009492
285.41:@0.536712:0.848536:0.588407:0.848536:0.588407:0.834781:0.536712:0.834781:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
PMT variance X 15-16 yr’s crushing:@0.659544:0.848536:0.908154:0.848536:0.908154:0.834781:0.659544:0.834781:0.009492:0.013563:0.009492:0.003452:0.007994:0.008304:0.006269:0.004233:0.008304:0.009492:0.007294:0.007294:0.003452:0.010518:0.003452:0.009492:0.009492:0.005259:0.009492:0.009492:0.003452:0.008304:0.006269:0.003924:0.006269:0.003452:0.007294:0.006529:0.009492:0.006269:0.009492:0.004233:0.009492:0.008304
  1.4) STOCK IN PROCESS:@0.085064:0.868508:0.259884:0.868508:0.259884:0.854754:0.085064:0.854754:0.003452:0.003452:0.009492:0.004233:0.009492:0.005259:0.003452:0.008304:0.009183:0.010681:0.009492:0.010518:0.003452:0.005259:0.011528:0.003452:0.009492:0.009541:0.010681:0.009492:0.008304:0.008304:0.008304
-35.79:@0.286717:0.868508:0.334179:0.868508:0.334179:0.854754:0.286717:0.854754:0.005259:0.009492:0.009492:0.004233:0.009492:0.009492
-0.01:@0.371335:0.868508:0.409305:0.868508:0.409305:0.854754:0.371335:0.854754:0.005259:0.009492:0.004233:0.009492:0.009492
35.79:@0.454667:0.868508:0.496870:0.868508:0.496870:0.854754:0.454667:0.854754:0.009492:0.009492:0.004233:0.009492:0.009492
261.65:@0.536712:0.868508:0.588407:0.868508:0.588407:0.854754:0.536712:0.854754:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
PMT variance X 15-16 yr’s crushing:@0.659544:0.868508:0.908154:0.868508:0.908154:0.854754:0.659544:0.854754:0.009492:0.013563:0.009492:0.003452:0.007994:0.008304:0.006269:0.004233:0.008304:0.009492:0.007294:0.007294:0.003452:0.010518:0.003452:0.009492:0.009492:0.005259:0.009492:0.009492:0.003452:0.008304:0.006269:0.003924:0.006269:0.003452:0.007294:0.006529:0.009492:0.006269:0.009492:0.004233:0.009492:0.008304
  1.5) Other Income:@0.085064:0.888481:0.217551:0.888481:0.217551:0.874726:0.085064:0.874726:0.003452:0.003452:0.009492:0.004233:0.009492:0.005259:0.003452:0.010681:0.005259:0.009492:0.007294:0.006269:0.003452:0.005259:0.009492:0.007294:0.008304:0.013563:0.007294
24.20:@0.286717:0.888481:0.328920:0.888481:0.328920:0.874726:0.286717:0.874726:0.009492:0.009492:0.004233:0.009492:0.009492
66.34:@0.371335:0.888481:0.413538:0.888481:0.413538:0.874726:0.371335:0.874726:0.009492:0.009492:0.004233:0.009492:0.009492
42.14:@0.454667:0.888481:0.496870:0.888481:0.496870:0.874726:0.454667:0.874726:0.009492:0.009492:0.004233:0.009492:0.009492
308.13:@0.536712:0.888481:0.588407:0.888481:0.588407:0.874726:0.536712:0.874726:0.009492:0.009492:0.009492:0.004233:0.009492:0.009492
PMT variance X 15-16 yr’s crushing:@0.659544:0.888481:0.908154:0.888481:0.908154:0.874726:0.659544:0.874726:0.009492:0.013563:0.009492:0.003452:0.007994:0.008304:0.006269:0.004233:0.008304:0.009492:0.007294:0.007294:0.003452:0.010518:0.003452:0.009492:0.009492:0.005259:0.009492:0.009492:0.003452:0.008304:0.006269:0.003924:0.006269:0.003452:0.007294:0.006529:0.009492:0.006269:0.009492:0.004233:0.009492:0.008304
TOTAL (1):@0.085064:0.908453:0.156412:0.908453:0.156412:0.894699:0.085064:0.894699:0.009183:0.010681:0.008190:0.011528:0.008304:0.003452:0.005259:0.009492:0.005259
4075.52:@0.286717:0.908453:0.352187:0.908453:0.352187:0.894567:0.286717:0.894567:0.010176:0.010176:0.010176:0.010176:0.004412:0.010176:0.010176
4122.69:@0.371335:0.908453:0.436805:0.908453:0.436805:0.894567:0.371335:0.894567:0.010176:0.010176:0.010176:0.010176:0.004412:0.010176:0.010176
47.17:@0.454667:0.908453:0.499784:0.908453:0.499784:0.894567:0.454667:0.894567:0.010176:0.010176:0.004412:0.010176:0.010176
CASE STUDY:@0.165628:0.065938:0.344622:0.065938:0.344622:0.043190:0.165628:0.043190:0.020016:0.020016:0.018822:0.018822:0.010377:0.018822:0.017606:0.020016:0.020016:0.014480