Wipro – Ratio Analysis
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Ratio Analysis
description
5yr complete analysis of Wipro's financial statements.
Transcript of Wipro – Ratio Analysis
Ratio AnalysisRatio Analysis
GP Ratio
Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
Gross Profit 14240.5 11674.4 7838.75 5489.61 3873.99
sales 17,492.60 13683.9 10227.12 7233.16 5134.89
GP Ratio 81.40871 85.31486 76.6467 75.89504 75.444459
Net Profit Ratio
Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
sales 17,492.60 13683.9 10227.12 7233.16 5134.89
net profit 3,715.60 3254.5 2483.9 1855.25 1142.45
Net Profit Ratio 21.240982 23.78342 24.28738 25.64923 22.248773
Operating ratio
Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
sales 17,492.60 13683.9 10227.12 7233.16 5134.89cost of
goods sold 3,252.10 2009.5 2388.37 1743.55 1260.9operating expenses 10,524.90 8,419.90 5354.86 3671.48 2745.52Operating
ratio 78.76 76.22 75.71 74.86 78.02
Debt Equity ratio
Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
Debt 3,822.40 238.00 50.16 62.09 100.69Equity 15,433.10 9,554.90 6,478.10 4,955.74 3,608.28
Debt Equity ratio 0.2476755 0.024909 0.007743 0.012529 0.0279053
Current ratio
Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
Current Assets 12,058.10 6,338.40 4,076.68 2,672.86 2,038.41Current
Liabilities 4,742.30 3,767.60 2,788.39 1,734.83 1,680.89Current ratio 2.5426692 1.682344 1.462019 1.540704 1.2126968
Fixed Asset T.O ratio
Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04cost of goods
sold 3,252.10 2009.5 2388.37 1743.55 1260.9fixed Assets 8,117.30 6,984.10 5,189.81 4,017.71 3,250.76Fixed Asset
T.O ratio 0.4006381 0.287725 0.460204 0.433966 0.3878785
Return on networth
Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05 Mar ' 04
net profit 3,715.60 3254.5 2483.9 1855.25 1142.45Equity 15,433.10 9,554.90 6,478.10 4,955.74 3,608.28
Return on networth 24.075526 34.06106 38.34303 37.43639 31.6619
Income:
Operating income 17,492.60 13,683.90 10,227.12 7,233.16 5,134.89
Expenses
Material consumed 2,952.30 1,889.00 1,367.67 1,185.48 846.28Manufacturing expenses 299.8 120.5 1,020.70 558.07 414.62Personnel expenses 7,409.10 5,764.50 4,279.03 2,878.53 864.44
Selling expenses 532.1 0 171.05 107.15 77.02Adminstrative expenses 2,583.70 2,655.40 904.78 685.8 1,804.06Expenses capitalised 0 0 0 -37.12 -13.99
Cost of sales 13,777.00 10,429.40 7,743.22 5,377.92 3,992.43
Operating profit 3,715.60 3,254.50 2,483.90 1,855.25 1,142.45Other recurring income 326.9 288.7 113.59 75.44 88.05
Adjusted PBDIT 4,042.50 3,543.20 2,597.49 1,930.68 1,230.50
Financial expenses 116.8 7.2 3.13 5.57 3.52
Depreciation 456 359.8 292.26 185.97 151.6
Other write offs 0 0 0 0 0
Adjusted PBT 3,469.70 3,176.20 2,302.10 1,739.15 1,075.39
Tax charges 406.4 334.1 286.1 255.15 141.27
Adjusted PAT 3,063.30 2,842.10 2,016.00 1,484.00 934.12
Non recurring items 0 0 38.33 17.88 3.87
Other non cash adjustments 0 0 -33.85 -7.06 -23.11
Reported net profit 3,063.30 2,842.10 2,020.48 1,494.82 914.88
Earnigs before appropriation 3,063.30 2,842.10 2,020.48 1,494.82 914.88
Equity dividend 876.5 873.7 712.88 351.79 675
Preference dividend 0 0 0 0 0
Dividend tax 148.9 126.8 99.98 49.34 86.48
Retained earnings 2,037.90 1,841.60 1,207.62 1,093.70 153.39
Sources of funds
Owner's fundEquity share capital 292.3 291.8 285.15 140.71 46.55Share application money 58 0 7.49 1.21 0Preference share capital 0 0 0 0 0Reserves & surplus 11,260.40 9,025.10 6,135.30 4,751.73 3,461.04
Loan funds
Secured loans 4 23.2 45.06 21.59 94.75
Unsecured loans 3,818.40 214.8 5.1 40.5 5.94Total 15,433.10 9,554.90 6,478.10 4,955.74 3,608.28
Uses of funds
Fixed assets
Gross block 2,282.20 1,645.90 2,364.53 1,763.49 1,333.68Less : revaluation reserve 0 0 0 0 0Less : accumulated depreciation 0 0 1,246.27 855.53 678.66
Net block 2,282.20 1,645.90 1,118.25 907.96 655.02Capital work-in-progress 1,335.00 989.5 612.36 250.24 139.71
Investments 4,500.10 4,348.70 3,459.20 2,859.51 2,456.03
Net current assets
Current assets, loans & advances 12,058.10 6,338.40 4,076.68 2,672.86 2,038.41
Less : current liabilities & provisions 4,742.30 3,767.60 2,788.39 1,734.83 1,680.89
Total net current assets 7,315.80 2,570.80 1,288.29 938.03 357.52
Miscellaneous expenses not written 0 0 0 0 0
Total 15,433.10 9,554.90 6,478.10 4,955.74 3,608.28
Notes:
Book value of unquoted investments 0 0 514.23 782.71 654.63
Market value of quoted investments 0 0 2,956.87 2,088.71 1,803.84
Contingent liabilities 749.9 318.4 509.18 676.65 387.99
Number of equity sharesoutstanding (Lacs) 14615 14590 14257.54 7035.71 2327.59
