Basic Model using correlation
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Company >> Finance >> Profit & Loss Blue Dart Express Ltd Industry :Couriers (Rs in Crs) 1,934.15 2,166.51 1,492.71 0 0 0 1,934.15 2,166.51 1,492.71 41.97 39.41 21.15 0 0 0 1,976.12 2,205.92 1,513.86 0 0 0 14.56 15.21 9.98 264.85 298.28 190.78 1,314.73 1,397.55 991.56 166.16 177.37 119.72 1.32 11.8 1.34 0 0 0 1,761.62 1,900.21 1,313.38 214.5 305.71 200.48 0.03 0.01 0 214.47 305.7 200.48 27.1 34.48 21.6 187.37 271.22 178.88 60.29 85.94 56.57 0 0 0 2.68 -3.38 0.07 124.4 188.66 122.24 1.45 -7.34 -0.14 122.95 196 122.38 0 0 0 534.05 561.36 453.81 0 0 0 151.24 215.97 14.69 507.21 534.05 561.36 118.64 168.47 4.75 0 0 0 500 710 20 43.87 53.88 51.12 Year 14(12) 13(15) 11(12) INCOME : Sales Turnover Excise Duty Net Sales Other Income Stock Adjustments Total Income EXPENDITURE : Raw Materials Power & Fuel Cost Employee Cost Other Manufacturing Expenses Selling and Administration Expenses Miscellaneous Expenses Less: Pre-operative Expenses Capital Total Expenditure Operating Profit Interest Gross Profit Depreciation Profit Before Tax Tax Fringe Benefit tax Deferred Tax Reported Net Profit Extraordinary Items Adjusted Net Profit Adjst. below Net Profit P & L Balance brought forward Statutory Appropriations Appropriations P & L Balance carried down Dividend Preference Dividend Equity Dividend % Earnings Per Share-Unit Curr Earnings Per Share(Adj)-Unit Curr
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Transcript of Basic Model using correlation
Company >> Finance >> Profit & LossBlue Dart Express Ltd
Industry :Couriers(Rs in Crs)
1,934.15 2,166.51 1,492.71 1,147.410 0 0 0
1,934.15 2,166.51 1,492.71 1,147.4141.97 39.41 21.15 5.32
0 0 0 01,976.12 2,205.92 1,513.86 1,152.73
0 0 0 014.56 15.21 9.98 8.72
264.85 298.28 190.78 146.811,314.73 1,397.55 991.56 740.74
166.16 177.37 119.72 95.111.32 11.8 1.34 1.86
0 0 0 01,761.62 1,900.21 1,313.38 993.24
214.5 305.71 200.48 159.490.03 0.01 0 0.01
214.47 305.7 200.48 159.4827.1 34.48 21.6 19.22
187.37 271.22 178.88 140.2660.29 85.94 56.57 46.28
0 0 0 02.68 -3.38 0.07 -0.39
124.4 188.66 122.24 94.371.45 -7.34 -0.14 -0.38
122.95 196 122.38 94.750 0 0 0
534.05 561.36 453.81 362.210 0 0 0
151.24 215.97 14.69 2.77507.21 534.05 561.36 453.81118.64 168.47 4.75 2.37
0 0 0 0500 710 20 10
43.87 53.88 51.12 39.55
267.38 273.44 276.99 227.87
Year Mar 14(12) Mar 13(15) Dec 11(12) Dec 10(12) INCOME : Sales Turnover Excise Duty Net Sales Other Income Stock Adjustments Total Income EXPENDITURE : Raw Materials Power & Fuel Cost Employee Cost Other Manufacturing Expenses Selling and Administration Expenses Miscellaneous Expenses Less: Pre-operative Expenses Capitalised Total Expenditure Operating Profit Interest Gross Profit Depreciation Profit Before Tax Tax Fringe Benefit tax Deferred Tax Reported Net Profit Extraordinary Items Adjusted Net Profit Adjst. below Net Profit P & L Balance brought forward Statutory Appropriations Appropriations P & L Balance carried down Dividend Preference Dividend Equity Dividend % Earnings Per Share-Unit Curr Earnings Per Share(Adj)-Unit Curr Book Value-Unit Curr http://www.capitaline.com
905.23 974.46 808.72 668.02 415.09 458.330 0 0 0 0 0
905.23 974.46 808.72 668.02 415.09 458.337.6 10.71 3.13 1.95 7.69 5.34
0 0 0 0 0 0912.83 985.17 811.85 669.97 422.78 463.67
0 0 0 0 0 07.59 7.35 5.33 4.15 2.86 3.35
132.76 130.73 113.52 92.03 57.32 65.8578.22 627.56 496.08 421.85 245.43 266.23
81.21 82.34 62.12 47.04 30.55 42.851.71 1.37 3.78 3.24 4.96 4.63
0 0 0 0 0 0801.49 849.35 680.83 568.31 341.12 382.86111.34 135.82 131.02 101.66 81.66 80.81
0.55 0.51 0.42 1.78 2.36 5.36110.79 135.31 130.6 99.88 79.3 75.45
17.76 16.56 24.03 22.01 13.14 15.3293.03 118.75 106.57 77.87 66.16 60.1331.44 39.56 37.48 27.13 20.33 19.31
0.17 1.65 0.9 0.85 0.65 00.71 0.19 -1.74 -0.34 1.77 1.78
60.71 77.35 69.93 50.23 43.41 39.040.01 -0.09 -0.96 -1.13 -2.7 1.6560.7 77.44 70.89 51.36 46.11 37.39
0 0 -0.07 0 0 0304.27 229.7 162.62 116.35 79.17 52.15
0 0 0 0 0 02.77 2.78 2.78 3.96 6.23 12.02
362.21 304.27 229.7 162.62 116.35 79.172.37 2.37 2.37 2.37 3.56 7.12
0 0 0 0 0 010 10 10 10 15 30
25.38 32.38 29.26 21 24.08 16.01
189.31 164.93 133.54 105.31 85.31 68.75
Dec 09(12) Dec 08(12) Dec 07(12) Dec 06(12) Dec 05(9) Mar 05(12)
Company >> Finance >> Balance SheetBlue Dart Express Ltd
Industry :Couriers(Rs in Crs)
23.76 23.76 23.76 23.76 23.76 23.76 23.76611.53 625.93 634.37 517.65 426.05 368.11 293.54
0 0 0 0 0 0 00 0 0 0 0 0 0
635.29 649.69 658.13 541.41 449.81 391.87 317.30 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 0
9.16 9.4 8.49 0 0 0 0644.45 659.09 666.62 541.41 449.81 391.87 317.3
421.49 394.46 393.25 325.44 300.36 285.62 256.92193.77 174.28 160.52 142.34 128.7 112.44 96.75
0 0 0 0 0 0 0227.72 220.18 232.73 183.1 171.66 173.18 160.17
0 0 0 0 0 0 08.46 12.28 2.87 26.72 17.08 8.91 3.38
19.77 19.77 71.47 95.98 104.72 69.77 63.47
2.72 2.35 2.62 2.17 2 2.19 2.04266.72 227.21 188.98 153.29 125.94 118.01 110.46105.93 236.49 37.56 34.73 25.47 47.74 29.6
67.06 53.79 27.8 196.43 129.49 89.34 60442.43 519.84 256.96 386.62 282.9 257.28 202.1
222.88 160.79 146.42 121.45 98.17 86.06 80.2845.89 205.41 5.88 11.39 9.82 13.36 13.87
268.77 366.2 152.3 132.84 107.99 99.42 94.15173.66 153.64 104.66 253.78 174.91 157.86 107.95
0 0 0 0 0 0 07.3 8.87 3.69 3.43 2.93 3.83 2.84
24.84 23.73 21.93 21.6 21.49 21.68 20.51-17.54 -14.86 -18.24 -18.17 -18.56 -17.85 -17.67232.38 268.08 273.13 0 0 0 0644.45 659.09 666.62 541.41 449.81 391.87 317.3
9.09 0 0.36 168.47 168.37 168.16 113.95
Year Mar 14 Mar 13 Dec 11 Dec 10 Dec 09 Dec 08 Dec 07 SOURCES OF FUNDS : Share Capital Reserves Total Equity Share Warrants Equity Application Money Total Shareholders Funds Secured Loans Unsecured Loans Total Debt Other Liabilities Total Liabilities APPLICATION OF FUNDS : Gross Block Less : Accumulated Depreciation Less:Impairment of Assets Net Block Lease Adjustment Capital Work in Progress Investments Current Assets, Loans & Advances Inventories Sundry Debtors Cash and Bank Loans and Advances Total Current Assets Less : Current Liabilities and Provisions Current Liabilities Provisions Total Current Liabilities Net Current Assets Miscellaneous Expenses not written off Deferred Tax Assets Deferred Tax Liability Net Deferred Tax Other Assets Total Assets Contingent Liabilities http://www.capitaline.com
23.76 23.76 23.76226.46 178.94 139.58
0 0 00 0 0
250.22 202.7 163.3410.18 21.97 33.81
0 20 2010.18 41.97 53.81
0 0 0260.4 244.67 217.15
244.04 241.31 233.0675.34 62.07 56.7
0 0 0168.7 179.24 176.36
0 0 01.78 0.41 1.11
28.57 18.2 13.93
1.76 1.61 1.7888.8 67.11 56.3311.9 10.77 7.62
47.48 38.32 32.18149.94 117.81 97.91
61.03 44.46 44.158.31 7.17 10.58
69.34 51.63 54.7380.6 66.18 43.180.16 0.38 0.542.64 0.86 3.18
22.05 20.6 21.15-19.41 -19.74 -17.97
0 0 0260.4 244.67 217.15
108.18 48.04 40.12
Dec 06 Dec 05 Mar 05
Financial analysis
1934.15 2166.51 1492.71 1147.41 905.23Cogs 1,594.14 1,711.04 1,192.32 896.27 718.57GP 340.01 455.47 300.39 251.14 186.66Opex 167.48 189.17 121.06 96.97 82.92Operating profit 172.53 266.30 179.33 154.17 103.74Non operating income 41.97 39.41 21.15 5.32 7.6PBIT 214.50 305.71 200.48 159.49 111.34Interest 0.03 0.01 0 0.01 0.55Tax 60.29 85.94 56.57 46.28 31.44PAT 154.18 219.76 143.91 113.20 79.35Divident 118.64 168.47 4.75 2.37 2.37Retained Earnings 35.54 51.29 139.16 110.83 76.98
23.76 23.76 23.76 23.76 23.76611.53 625.93 634.37 517.65 426.05
0 0 0 0 0227.72 220.18 232.73 183.1 171.6619.77 19.77 71.47 95.98 104.72
173.66 153.64 104.66 253.78 174.91
Year Mar 14(12) Mar 13(15) Dec 11(12) Dec 10(12) Dec 09(12) Net Sales
Share Capital Reserves Total Total Debt Net Block Investments Net Current Assets
ROE 24.3% 33.8% 21.9% 20.9% 17.6%
Net profit margin 11.09% 14.11% 13.43% 13.90% 12.30%Asset turnover 300% 329% 224% 212% 201%Equity multiplier 101% 101% 101% 100% 100%Leverage 100.0% 100.0% 100.0% 100.0% 99.5%Tax multiplier 71.9% 71.9% 71.8% 71.0% 71.6%
Variables multiplied 24.3% 33.8% 21.9% 20.9% 17.6%ROE dicomposition 1 TRUE TRUE TRUE TRUE
Sales CAGR 16.4%ROE volatility 6.14%
Sustainable growth rate23.7%
68% 0.23050979 0.23339097 0.96699326 0.979063616.02%
Number of shares
Year Mar 14(12) Mar 13(15) Dec 11(12) Dec 10(12) Dec 09(12)
Average ROE
Average Rentention
0.97013233 Err:509 Err:509 Err:509 Err:509 Err:509
DuPont Analysis Latest Year
Sales 10,925
-
Inc
om
e S
tate
me
nt
Cost of Sales
6,778 1,166 -
divided by Net Profit Margin
2,452 10.7% -
Interest Expense Sales
29 10,925 -
Tax Expense
500 -
Othersmultiplied by
-
Sales 10,925
Current Assets
3,500 divided by 1.98
+
Total Assets
2,012 5,513
Ba
lan
ce
Sh
ee
t
Total Liabilities 2,823
Current Liabilities
2,776 +
+ 6,424 Long Term Debt
48 divided by
3,601
Earnings Available
Operating Expense
Total Asset Turnover
Net Fixed Assets (PPE)
Total Liab + SE = Total Assets
Stockholder Equity (SE)
3,601
Common stock equity
21.2%
multiplied by
37.7%
1.78
Return on Total Assets (ROA)
Return on Common Equity
(ROE)
Financial Leverage multiplier
01934.15 2166.51 1492.71 1147.41 905.23 0
PAT 154.18 219.76 143.91 113.2 79.35 0105.93 236.49 37.56 34.73 25.47 47.74
Correl (Sales vs PAT) 0.94926269Correl (Sales vs Cash) 0.87128974
Year Mar 14(12) Mar 13(15) Dec 11(12) Dec 10(12) Dec 09(12) Net Sales
Cash and Bank
1 2 3 4 50
500
1000
1500
2000
2500
Sales Profit and Cash
Net SalesPAT Cash and Bank
0 0 0 0 00 0 0 0 00 0 0 029.6 11.9 10.77 7.62
