GRM OVERSEAS LTD.

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )
INCOME :
Sales Turnover	1109.05	944.15	591.15	355.72
Other Income	1.45	0.07	0	0
Stock Adjustments	-25.57	47.1	73.77	-11.91
Total Income	1084.93	991.32	664.92	343.81
EXPENDITURE :
Raw Materials	936.17	850.11	572.63	286.38
Excise Duty	0	0	0	0
Power and Fuel Cost	6.1	7.26	6.85	6.05
Other Manufacturing Expenses	36.04	30.79	16.08	1.7
Employee Cost	3.64	3.04	2.18	1.81
Selling and Administration Expenses	64.05	62.99	46.77	33.68
Miscellaneous Expenses	2.85	2.05	0.2	0.02
Less: Preoperative Expenditure Capitalised	0	0	0	0
Profit before Interest, Depreciation and Tax	36.08	35.08	20.22	14.18
Interest and Financial Charges	15.99	14.76	9.82	9.12
Profit before Depreciation and Tax	20.09	20.32	10.4	5.06
Depreciation	2.16	2.03	1.93	1.95
Minority Interest before PAT	0	0	0	0
Profit Before Tax	17.93	18.28	8.47	3.11
Tax	8.86	6.43	2.88	1.06
Profit After Tax	9.07	11.85	5.59	2.05
Minority Interest after PAT	0	0	0	0
Profit/Loss of Associate Company	0	0	0	0
Profit after Minority Interest and P/L of Assoc. Co.	9.07	11.85	5.59	2.05
Adjustment below Net Profit	-0.39	0	0	0
P and L Balance brought forward	40.97	29.11	23.53	21.48
Appropriations	1.84	0	0	0
P and L Bal. carried down	47.81	40.97	29.11	23.53
Equity Dividend	1.84	0	0	0
Preference Dividend	0	0	0	0
Corporate Dividend Tax	0	0	0	0
Equity Dividend (%)	50	0	0	0
Earning Per Share (Rs.)	24.59	32.13	15.14	5.56
Book Value	159.41	140.88	108.75	93.61
Extraordinary Items	0.49	0	-0.03	0

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

INCOME :

Sales Turnover

1109.05

944.15

591.15

355.72

Other Income

1.45

0.07

Stock Adjustments

-25.57

47.1

73.77

-11.91

Total Income

1084.93

991.32

664.92

343.81

EXPENDITURE :

Raw Materials

936.17

850.11

572.63

286.38

Excise Duty

Power and Fuel Cost

6.1

7.26

6.85

6.05

Other Manufacturing Expenses

36.04

30.79

16.08

1.7

Employee Cost

3.64

3.04

2.18

1.81

Selling and Administration Expenses

64.05

62.99

46.77

33.68

Miscellaneous Expenses

2.85

2.05

0.2

0.02

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

36.08

35.08

20.22

14.18

Interest and Financial Charges

15.99

14.76

9.82

9.12

Profit before Depreciation and Tax

20.09

20.32

10.4

5.06

Depreciation

2.16

2.03

1.93

1.95

Minority Interest before PAT

Profit Before Tax

17.93

18.28

8.47

3.11

Tax

8.86

6.43

2.88

1.06

Profit After Tax

9.07

11.85

5.59

2.05

Minority Interest after PAT

Profit/Loss of Associate Company

Profit after Minority Interest and P/L of Assoc. Co.

9.07

11.85

5.59

2.05

Adjustment below Net Profit

-0.39

P and L Balance brought forward

40.97

29.11

23.53

21.48

Appropriations

1.84

P and L Bal. carried down

47.81

40.97

29.11

23.53

Equity Dividend

1.84

Preference Dividend

Corporate Dividend Tax

Equity Dividend (%)

Earning Per Share (Rs.)

24.59

32.13

15.14

5.56

Book Value

159.41

140.88

108.75

93.61

Extraordinary Items

0.49

-0.03

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	3.69	3.69	3.69	3.69
Reserves and Surplus	57.08	50.24	38.38	32.8
Total Shareholders Funds	60.77	53.93	42.07	36.49
Secured Loans	278.19	234.79	150.56	90.86
Unsecured Loans	70.22	57.04	47.48	41.36
Total Debt	348.41	291.83	198.04	132.22
Minority Interest	0	0	0	0
Total Liabilities	409.18	345.76	240.11	168.71
APPLICATION OF FUNDS :
Gross Block	49.55	37.51	35.91	34.22
Less: Accum. Depreciation	18.82	16.72	14.69	13.07
Net Block	30.73	20.79	21.22	21.15
Capital Work in Progress	3.09	0	0	0
Investments	0	0	0	0
Current Assets, Loans and Advances
Inventories	167.38	226.75	201.04	62.8
Sundry Debtors	278.68	190.98	74.13	82.38
Cash and Bank Balance	3.17	1.06	1.76	15.53
Loans and Advances	9.37	6.07	1.93	1.6
Less: Current Liab. and Prov.
Current Liabilities	82.82	98.54	59.95	14.76
Provisions	0.43	1.34	0	0
Net Current Assets	375.35	324.98	218.91	147.55
Miscellaneous Expenses not w/o	0	0	0	0
Total Assets	409.17	345.77	240.13	168.7
Contingent Liabilities	0	0	0	0

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

3.69

Reserves and Surplus

57.08

50.24

38.38

32.8

Total Shareholders Funds

60.77

53.93

42.07

36.49

Secured Loans

278.19

234.79

150.56

90.86

Unsecured Loans

70.22

57.04

47.48

41.36

Total Debt

348.41

291.83

198.04

132.22

Minority Interest

Total Liabilities

409.18

345.76

240.11

168.71

APPLICATION OF FUNDS :

Gross Block

49.55

37.51

35.91

34.22

Less: Accum. Depreciation

18.82

16.72

14.69

13.07

Net Block

30.73

20.79

21.22

21.15

Capital Work in Progress

3.09

Investments

Current Assets, Loans and Advances

Inventories

167.38

226.75

201.04

62.8

Sundry Debtors

278.68

190.98

74.13

82.38

Cash and Bank Balance

3.17

1.06

1.76

15.53

Loans and Advances

9.37

6.07

1.93

1.6

Less: Current Liab. and Prov.

Current Liabilities

82.82

98.54

59.95

14.76

Provisions

0.43

1.34

Net Current Assets

375.35

324.98

218.91

147.55

Miscellaneous Expenses not w/o

Total Assets

409.17

345.77

240.13

168.7

Contingent Liabilities