The document provides financial information for Sharon Bio-Medicine Ltd for the years 2010-11 and 2009-10. It includes various liquidity, solvency, and valuation ratios calculated for the company. The current ratio improved from 9.08:1 in 2009-10 to 9.59:1 in 2010-11. The net asset value per share increased from Rs. 108.90 to Rs. 136.32 over the same period. The market capitalization grew from Rs. 10,608.78 lacs to Rs. 15,834 lacs between 2009-10 and 2010-11.

1. GROUP - 1
ATHIRA MOHAN -121
VINOD AMBOLKAR -122
ARJUN SREENIVASAN -123
DEBASHREE BANERJEE -124
MANISH BALERAO -125
KEVAL BHANUSHALI -126
ASHWINI CHOUDHARI -127

2. SHARON
BIO-MEDICINE LTD
 Sharon Bio-Medicine Limited , Incorporated in 1989.
 It is mainly involved in manufacturing of Intermediates, Active
Pharmaceutical Ingredients and Finished Dosage Forms.
 Growing at around 50% year on year Sharon now has an annual
turnover of over $100 million.
 Recently started an Animal Toxicology Lab Operating as per GLP
requirements.

3. KEY MEMBERS
 Mrs. Savita Gowda -MANAGING DIRECTOR.
 Mr. Mohan P. Kala -NON EXECUTIVE DIRECTOR.
 Mr. Lalit Misra – WHOLE TIME DIRECTOR.

4. Rs. in Lacs
LIQUIDITY RATIO 2010-11 2009-10
Current Ratio=
= 37417.59 = 29020.43
Current Asset 3900.83 3196.65
Current Liabilities
= 9.59:1 = 9.08:1
9.7
9.6
9.5
9.4
9.3
9.2 2010-11
9.1 2009-10
9
8.9
8.8
Current Ratio

5. LIQUIDITY RATIO 2010-11 2009-10
Quick Ratio=
Current Assets – Stock - Prepaid = 21896.22 = 17353.82
expenses 3900.83 3196.65
Current Liabilities - Bank OD
= 5.61:1 = 5.43:1
10
9
8
7
6
5 2010-11
4 2009-10
3
2
1
0
Quick Ratio

6. LIQUIDITY RATIO 2010-11 2009-10
Debtors Turnover Ratio=
Sundry Debtors+ Bills Receivable x 365 = 19,253.50 x 365 = 15,877.20 x
Credit sales 60,604.66 365
49,649.88
= 115.96 days
= 116.72 days
116.8
116.6
116.4
116.2
2010-11
116
2009-10
115.8
115.6
115.4
Debto Turn over Ratio

7. LIQUIDITY RATIO 2010-11 2009-10
Creditors Turnover Ratio=
Sundry Creditors+Bills Payable x = 3235.57 x365 = 2630.44 x365
365 54,334.88 44,609.28
Credit purchases
= 21.74 days = 21.53 days
21.8
21.75
21.7
21.65
21.6 2010-11
21.55 2009-10
21.5
21.45
21.4
Creditors Turnover Ratio

8. LIQUIDITY RATIO 2010-11 2009-10
Inventory holding period=
Inventory x365 = 15,521.37 x 365 = 11,666.61 x 365
Cost of goods sold 50,480.12 41,908.60
= 112.23 days = 101.61 days
114
112
110
108
106
104 2010-11
102 2009-10
100
98
96
Inventory Holding Period

9. SOLVENCY RATIO 2010-11 2009-10
Net Asset Value=
Equity Shareholders fund = 14390.85 = 11495.80
No. of Equity Shares 105.56 105.56
=Rs.136.32 =Rs.108.90
160
140
120
100
80 2010-11
60 2009-10
40
20
0
Net Asset Value

10. SOLVENCY RATIO 2010-11 2009-10
Debt Equity Ratio=
Borrowed Funds = 34361.96 = 34256.42
Equity Shareholders fund 14390.85 11495.80
= 2.39:1 = 2.98:1
3.5
3
2.5
2
2010-11
1.5
2009-10
1
0.5
0
Debt Equity Ratio

11. SOLVENCY RATIO 2010-11 2009-10
Interest coverage Ratio=
PBT+Financial charges + Non cash = 7152.43 = 5142.05
charges 2680.81 2099.88
Financial charges
=2.67 =2.45
2.7
2.65
2.6
2.55
2.5 2010-11
2.45 2009-10
2.4
2.35
2.3
Interest Coverage Ratio

12. VALUATION RATIO 2010-11 2009-10
Earning per share=
Net profit before Tax = 3,647.22 = 2,402.19
No. of Equity Shares 1,05.56 1,05.56
= Rs. 34.55 = Rs. 22.75
40
35
30
25
20 2010-11
15 2009-10
10
5
0
Earning Per Share

13. VALUATION RATIO 2010-11 2009-10
Price Earning Ratio=
Market price per share = 150 = 100.50
Earning price 34.55 22.75
=Rs. 4.34 =Rs. 4.42
4.44
4.42
4.4
4.38
2010-11
4.36
2009-10
4.34
4.32
4.3
Price Earning Ratio

14. VALUATION RATIO 2010-11 2009-10
Market price to NAV=
Market price per share =150.00 = 100.50
NAV 136.32 108.90
=1.10 =0.92
1.15
1.1
1.05
1
2010-11
0.95
2009-10
0.9
0.85
0.8
Market Price to NAV

15. VALUATION RATIO 2010-11 2009-10
Market Capitalisation=
No. of Equity Shares x Market =105.56 x 150.00 =105.56 x100.50
Price
=Rs. 15834 =Rs. 10608.78
18000
16000
14000
12000
10000
8000 2010-11
6000 2009-10
4000
2000
0
Market Capitalisation