IGARASHI MOTORS INDIA LTD.

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
INCOME :
Sales Turnover	606.16	671.2	516.44	447.62	386.42
Other Income	25.04	33.85	17.08	14.3	17.14
Stock Adjustments	0.9	-0.17	1.24	-0.35	0.95
Total Income	632.1	704.88	534.76	461.57	404.51
EXPENDITURE :
Raw Materials	336	360.91	300.86	265.14	237.18
Excise Duty	0	0	0	2.64	1.34
Power and Fuel Cost	11.28	11.51	6.71	5.54	4.75
Other Manufacturing Expenses	27.99	31.97	24.06	11.03	18.42
Employee Cost	56.19	52.04	27.18	31.85	27.68
Selling and Administration Expenses	49.95	46.6	32.03	19.5	15.42
Miscellaneous Expenses	9.11	9.97	4.77	3.3	2.19
Less: Preoperative Expenditure Capitalised	0	0	0	0	0
Profit before Interest, Depreciation and Tax	141.59	191.88	139.16	122.58	97.53
Interest and Financial Charges	15.73	13.11	3.55	6.26	7.08
Profit before Depreciation and Tax	125.86	178.77	135.61	116.32	90.45
Depreciation	39.93	37.91	22.03	18.96	18.8
Profit Before Tax	85.92	140.86	113.59	97.36	71.65
Tax	28.51	45.6	38.27	33.72	22.7
Profit After Tax	57.41	95.26	75.32	63.64	48.95
Adjustment below Net Profit	0	0	0	0	-1.5
P and L Balance brought forward	227.45	156.54	127.64	80.59	54.11
Appropriations	22.14	24.35	5.53	20.26	20.97
P and L Bal. carried down	262.72	227.45	197.44	123.97	80.59
Equity Dividend	18.37	20.23	4.59	16.83	13.62
Preference Dividend	0	0	0	0	0
Corporate Dividend Tax	3.78	4.12	0.93	3.43	2.72
Equity Dividend (%)	49	60	66.1	55	44.4
Earning Per Share (Rs.)	18.24	31.12	24.3	19.67	15.1
Book Value	136.48	130.28	119.3	96.19	81.99
Extraordinary Items	0	-0.05	0	-0.04	-0.03

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

INCOME :

Sales Turnover

606.16

671.2

516.44

447.62

386.42

Other Income

25.04

33.85

17.08

14.3

17.14

Stock Adjustments

0.9

-0.17

1.24

-0.35

0.95

Total Income

632.1

704.88

534.76

461.57

404.51

EXPENDITURE :

Raw Materials

336

360.91

300.86

265.14

237.18

Excise Duty

2.64

1.34

Power and Fuel Cost

11.28

11.51

6.71

5.54

4.75

Other Manufacturing Expenses

27.99

31.97

24.06

11.03

18.42

Employee Cost

56.19

52.04

27.18

31.85

27.68

Selling and Administration Expenses

49.95

46.6

32.03

19.5

15.42

Miscellaneous Expenses

9.11

9.97

4.77

3.3

2.19

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

141.59

191.88

139.16

122.58

97.53

Interest and Financial Charges

15.73

13.11

3.55

6.26

7.08

Profit before Depreciation and Tax

125.86

178.77

135.61

116.32

90.45

Depreciation

39.93

37.91

22.03

18.96

18.8

Profit Before Tax

85.92

140.86

113.59

97.36

71.65

Tax

28.51

45.6

38.27

33.72

22.7

Profit After Tax

57.41

95.26

75.32

63.64

48.95

Adjustment below Net Profit

-1.5

P and L Balance brought forward

227.45

156.54

127.64

80.59

54.11

Appropriations

22.14

24.35

5.53

20.26

20.97

P and L Bal. carried down

262.72

227.45

197.44

123.97

80.59

Equity Dividend

18.37

20.23

4.59

16.83

13.62

Preference Dividend

Corporate Dividend Tax

3.78

4.12

0.93

3.43

2.72

Equity Dividend (%)

66.1

44.4

Earning Per Share (Rs.)

18.24

31.12

24.3

19.67

15.1

Book Value

136.48

130.28

119.3

96.19

81.99

Extraordinary Items

-0.05

-0.04

-0.03

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	31.48	30.61	30.61	30.61	30.61
Reserves and Surplus	398.11	368.16	334.56	263.81	220.34
Total Shareholders Funds	429.59	398.77	365.17	294.42	250.95
Secured Loans	100.68	77.72	21.91	42.85	54.93
Unsecured Loans	17.64	64.28	0	1.28	2.58
Total Debt	118.32	142	21.91	44.13	57.51
Total Liabilities	547.91	540.77	387.08	338.55	308.46
APPLICATION OF FUNDS :
Gross Block	485.21	390.27	179.67	256.28	223.21
Less: Accum. Depreciation	102.69	70.44	21.73	118.49	102.15
Net Block	382.52	319.83	157.94	137.79	121.06
Capital Work in Progress	23.04	43.8	2.57	11.72	1.21
Investments	34.13	50.31	174.08	33.7	26.13
Current Assets, Loans and Advances
Inventories	61.71	60.88	44.35	34.24	33.06
Sundry Debtors	141.72	169.21	103.24	85.93	78.52
Cash and Bank Balance	3.02	106.38	10.02	126.03	91.14
Loans and Advances	29.77	55.27	11.94	41.82	90.14
Less: Current Liab. and Prov.
Current Liabilities	122.95	258.6	116.28	92.38	92.18
Provisions	5.06	6.31	0.79	40.31	40.61
Net Current Assets	108.21	126.83	52.48	155.33	160.07
Miscellaneous Expenses not w/o	0	0	0	0	0
Total Assets	547.9	540.77	387.07	338.54	308.47
Contingent Liabilities	1.35	1.43	0.78	1.8	8.69

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

31.48

30.61

Reserves and Surplus

398.11

368.16

334.56

263.81

220.34

Total Shareholders Funds

429.59

398.77

365.17

294.42

250.95

Secured Loans

100.68

77.72

21.91

42.85

54.93

Unsecured Loans

17.64

64.28

1.28

2.58

Total Debt

118.32

142

21.91

44.13

57.51

Total Liabilities

547.91

540.77

387.08

338.55

308.46

APPLICATION OF FUNDS :

Gross Block

485.21

390.27

179.67

256.28

223.21

Less: Accum. Depreciation

102.69

70.44

21.73

118.49

102.15

Net Block

382.52

319.83

157.94

137.79

121.06

Capital Work in Progress

23.04

43.8

2.57

11.72

1.21

Investments

34.13

50.31

174.08

33.7

26.13

Current Assets, Loans and Advances

Inventories

61.71

60.88

44.35

34.24

33.06

Sundry Debtors

141.72

169.21

103.24

85.93

78.52

Cash and Bank Balance

3.02

106.38

10.02

126.03

91.14

Loans and Advances

29.77

55.27

11.94

41.82

90.14

Less: Current Liab. and Prov.

Current Liabilities

122.95

258.6

116.28

92.38

92.18

Provisions

5.06

6.31

0.79

40.31

40.61

Net Current Assets

108.21

126.83

52.48

155.33

160.07

Miscellaneous Expenses not w/o

Total Assets

547.9

540.77

387.07

338.54

308.47

Contingent Liabilities

1.35

1.43

0.78

1.8

8.69