The document presents annual financial information for the company from March 2008 to March 2012 across various parameters like sales, operating profit, interest, gross profit, EPS, and net profit. Some key highlights from March 2012 include total sales of Rs. 3,494.12 crores, net profit of Rs. 434.23 crores, EPS of Rs. 17.05, and operating profit of Rs. 501.24 crores. The company saw growth in most parameters from March 2011 to March 2012.
3. Cash flow
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08
Profit before tax 488.09 134.80 52.00 -46.96 29.61
Net cashflow-operating activity 363.97 112.54 347.56 224.96 345.57
Net cash used in investing activity 99.44 73.82 -10.35 -32.74 -212.06
Netcash used in fin. activity -474.14 -200.41 -320.50 -181.71 -139.50
Net inc/dec in cash and equivlnt -10.73 -14.05 16.71 10.51 -5.99
Cash and equivalnt begin of year 37.53 43.14 26.43 16.32 22.31
Cash and equivalnt end of year 26.80 29.09 43.14 26.83 16.32
4. Quarterly results in brief
Sep ' 12 Jun ' 12 Mar ' 12 Dec ' 11 Sep ' 11
Sales 959.05 852.07 847.90 831.37 765.38
Operating profit 141.06 120.95 105.14 150.79 139.97
Interest 67.40 62.92 57.50 101.09 77.34
Gross profit 102.14 82.33 95.21 84.78 80.74
EPS (Rs) 2.51 1.76 2.46 9.81 2.06
Quarterly results in details
Sep ' 12 Jun ' 12 Mar ' 12 Dec ' 11 Sep ' 11
Other income 28.48 24.30 47.57 35.08 18.11
Stock adjustment -30.73 -54.85 -3.39 -28.29 30.60
Raw material 413.49 370.79 377.14 376.86 314.96
Power and fuel 104.27 98.61 96.04 90.23 67.95
Employee expenses 111.62 99.42 95.09 92.29 75.26
Excise - - - - -
Admin and selling expenses - - - - -
Research and development expenses - - - - -
Expenses capitalised - - - - -
Other expenses 219.34 217.15 177.88 149.49 136.64
Provisions made - - - - -
Depreciation 37.34 36.18 32.69 32.81 28.30
Taxation - 0.69 - - -
Net profit / loss 64.80 45.46 62.52 249.91 52.40
Extra ordinary item - - - 197.94 -0.04
Prior year adjustments - - - - -
Equity capital 258.04 258.04 254.63 254.63 254.56
Equity dividend rate - - - - -
Agg.of non-prom. shares (Lacs) 1482.98 1482.96 1449.29 1441.82 1440.39
Agg.of non promotoholding (%) 57.47 57.47 56.92 56.62 56.58
OPM (%) 14.71 14.19 12.40 18.14 18.29
GPM (%) 10.34 9.39 10.63 9.78 10.31
NPM (%) 6.56 5.19 6.98 28.84 6.69
9. From To Class Of Authorized Issued Paid Up Shares Paid Up Face Paid Up
Year Year Share Capital Capital (Nos) Value Capital
1975 1979 Equity Share 2.50 2.50 250000 100 2.50
1971 1975 Equity Share 2.00 2.00 200000 100 2.00
1967 1971 Equity Share 1.50 1.50 150000 100 1.50
1966 1967 Equity Share 1.00 1.00 100000 100 1.00
1962 1966 Equity Share 1.00 1.00 100000 100 1.00
1956 1962 Equity Share 0.60 0.60 60000 100 0.60
1953 1956 Equity Share 0.26 0.26 26250 100 0.26
1952 1953 Equity Share 0.21 0.21 21000 100 0.21
1949 1952 Equity Share 0.21 0.21 21000 100 0.21
10. Ratios
Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08
Per share ratios
Adjusted EPS (Rs) 7.16 2.78 0.83 -1.38 -3.05
Adjusted cash EPS (Rs) 12.29 7.35 5.74 4.20 3.19
Reported EPS (Rs) 17.05 5.30 2.21 -2.26 1.14
Reported cash EPS (Rs) 22.18 9.86 7.11 3.31 7.38
Dividend per share 1.00 - - - -
Operating profit per share (Rs) 19.68 15.09 13.34 11.74 10.46
Book value (excl rev res) per share (Rs) 79.20 58.59 57.73 51.55 63.11
Book value (incl rev res) per share (Rs.) 79.20 70.61 60.89 52.18 64.23
Net operating income per share (Rs) 137.22 104.70 99.87 107.08 101.08
Free reserves per share (Rs) - 43.61 42.11 44.10 51.10
Profitability ratios
Operating margin (%) 14.34 14.41 13.35 10.96 10.34
Gross profit margin (%) 10.61 10.05 8.44 5.75 4.17
Net profit margin (%) 11.96 5.02 2.20 -1.99 1.22
Adjusted cash margin (%) 8.62 6.96 5.68 3.90 3.23
Adjusted return on net worth (%) 9.04 4.74 1.43 -2.66 -4.83
Reported return on net worth (%) 21.53 9.04 3.82 -4.38 1.80
Return on long term funds (%) 18.59 11.34 9.61 7.76 4.34
Leverage ratios
Long term debt / Equity 0.35 0.69 0.81 1.13 0.90
Total debt/equity 0.79 1.22 1.40 1.79 1.37
Owners fund as % of total source 55.71 45.12 41.72 35.78 42.20
Fixed assets turnover ratio 0.96 0.84 0.77 0.85 0.84
Liquidity ratios
Current ratio 1.84 2.77 3.26 2.62 3.72
Current ratio (inc. st loans) 0.66 0.81 0.74 0.74 0.86
Quick ratio 1.11 1.70 2.31 1.66 2.27
Inventory turnover ratio 4.82 3.99 5.84 4.22 4.13
Payout ratios
Dividend payout ratio (net profit) 6.90 - 0.25 - 1.68
11. Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08
Dividend payout ratio (cash profit) 5.31 - 0.07 0.40 0.26
Earning retention ratio 83.57 100.00 99.33 - 100.62
Cash earnings retention ratio 90.42 100.00 99.91 99.69 99.40
Coverage ratios
Adjusted cash flow time total debt 5.12 9.70 13.98 21.62 25.91
Financial charges coverage ratio 2.36 1.87 1.63 1.45 1.42
Fin. charges cov.ratio (post tax) 3.09 2.16 1.78 1.35 1.93
Component ratios
Material cost component (% earnings) 53.15 57.05 52.61 49.12 50.81
Selling cost Component - 2.05 2.43 5.74 5.06
Exports as percent of total sales 42.63 42.70 45.81 39.28 43.54
Import comp. in raw mat. consumed 8.53 5.23 13.77 11.38 9.22
Long term assets / total Assets 0.60 0.54 0.59 0.54 0.56
Bonus component in equity capital (%) 1.54 1.54 1.69 1.79 1.79
12. Arvind Mills Organization structure
Sanjay S. Lalbhai
CHAIRMAN AND MANAGING DIRECTOR
Jayesh K. Shah
DIRECTOR AND CHIEF FINANCIAL OFFICER
S R. Rao
Nominee of EXIM Bank
K M Jayarao
Nominee of ICICI Bank
Sudhir Mehta
Independent Director
Tarun Seth
Independent Director
Munesh Khanna
Independent Director
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13. arvind Mills
Type Public (NSE, BSE)
Industry Textiles
Founded 1931
Headquarters Ahmedabad
Key people Sanjay Lalbhai (CEO &MD) Arvind N. Lalbhai
Products Denim, Knits, Khakhis
Revenue Rs. 52.35 Billion
Net income Profit Rs. 4.36 Billion[1]
Employees 25620[2]
Website www.arvindmills.com
14. Registered Office
Naroda Road
City:Ahmedabad
State:Gujarat
Pincode:380025
Email ID:investor@arvind.com
Web Url:http://www.arvind.com
Overseas Office
Plot No.221
Bir Uttam Mir Shawkat Road
(Gulshan – Tejgaon Link Road)
City:Dhaka
State:Not Specified
Pincode:1208
Email ID:p.anilkumar@arvind.com
Unit:1705,
17th flr,Trendy Centre, 682-684,
Castle Peak Road, Cheung Sha Wan,
City:Not Specified
State:Not Specified
Email ID:arvindmills@netvigator.com
584, Broadway New York,
Suite 801
City:New York
State:Not Specified
Pincode:10012
Email ID:viresh@arvinddenimlab.com
130, West 42nd Street,
Suite No.603,
6th Floor.
City:New York
State:Not Specified
Pincode:10036
Email ID:raju@arvindusa.com
Paragon House,
Apartment No.5A, House no .15,
Road No.24 CWN(C)
City:Dhaka
State:Not Specified
Pincode:1212
Email ID:p.anilkumar@arvind.com
Factory/plant
Denim,
Naroda Road
City:Ahmedabad
State:Gujarat
Pincode:380025
Email ID:subir.mukherjee@arvind.in
Lifestyle Apparel - Shirts,
No.23/1, Sonnenahalli Village,
Sitarampalya Cross,
City:Bangalore
State:Karnataka
16. Management
Name Designation
Bakul Dholakia Director
G M Yadwadkar Nominee Director
Jayesh K Shah Director & CFO
Kulin Lalbhai Executive Director
Munesh Khanna Director
Prabhakar Dalal Nominee Director
Punit Lalbhai Executive Director
R V Bhimani Company Secretary & Compliance Officer
R V Bhimani Secretary
Renuka Ramnath Director
Sanjay S Lalbhai CEO
Sanjay S Lalbhai Chairman & Managing Director
Sudhir Mehta Director