USHER AGRO LTD.

	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )	2014 ( ₹ in Cr. )	2013 ( ₹ in Cr. )
INCOME :
Sales Turnover	468.4	1613.18	1314.94	1226.44	958.03
Other Income	2.06	3.83	1.49	4.74	2.25
Stock Adjustments	-99.33	-43.55	43.7	-9.5	18.03
Total Income	371.13	1573.46	1360.13	1221.68	978.31
EXPENDITURE :
Raw Materials	655.32	1629.77	1129.47	991.2	797.34
Excise Duty	0	0	0	0	0
Power and Fuel Cost	1.95	8.66	5.4	6.86	6.34
Other Manufacturing Expenses	5.32	4.9	3.83	7.18	15.61
Employee Cost	8.74	21.81	14.53	13.82	10.84
Selling and Administration Expenses	24.89	23.56	27.18	32.23	13.92
Miscellaneous Expenses	24.16	9.4	4.28	1	2.63
Less: Preoperative Expenditure Capitalised	0	0	0	0	0
Profit before Interest, Depreciation and Tax	-349.25	-124.64	175.44	169.39	131.64
Interest and Financial Charges	42.36	129.59	90.05	83.59	52.24
Profit before Depreciation and Tax	-391.61	-254.23	85.39	85.8	79.4
Depreciation	41.31	45.28	37.71	24.27	16.46
Minority Interest before PAT	0	0	0	0	0
Profit Before Tax	-432.92	-299.51	47.67	61.53	62.95
Tax	2.84	-1.62	9.09	2.58	22.56
Profit After Tax	-435.76	-297.89	38.58	58.95	40.39
Minority Interest after PAT	-2.91	-0.17	-2.35	-1.37	-1.49
Profit/Loss of Associate Company	0	0	0	0	0
Profit after Minority Interest and P/L of Assoc. Co.	-432.85	-297.72	40.94	60.32	41.87
Adjustment below Net Profit	0	0.14	-11.07	2.49	0.01
P and L Balance brought forward	-149.89	147.69	160.11	127.3	96.41
Appropriations	0	0	42.29	30	11
P and L Bal. carried down	-582.74	-149.89	147.69	160.11	127.3
Equity Dividend	0	0	1.9	0	0
Preference Dividend	0	0	0	0	0
Corporate Dividend Tax	0	0	0.39	0	0
Equity Dividend (%)	0	0	6.67	0	0
Earning Per Share (Rs.)	0	0	14.21	15.85	11
Book Value	-36.29	28.17	106.36	98.83	82.33
Extraordinary Items	-1.68	-0.45	-0.02	2.59	-0.02

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

2014 ( ₹ in Cr. )

2013 ( ₹ in Cr. )

INCOME :

Sales Turnover

468.4

1613.18

1314.94

1226.44

958.03

Other Income

2.06

3.83

1.49

4.74

2.25

Stock Adjustments

-99.33

-43.55

43.7

-9.5

18.03

Total Income

371.13

1573.46

1360.13

1221.68

978.31

EXPENDITURE :

Raw Materials

655.32

1629.77

1129.47

991.2

797.34

Excise Duty

Power and Fuel Cost

1.95

8.66

5.4

6.86

6.34

Other Manufacturing Expenses

5.32

4.9

3.83

7.18

15.61

Employee Cost

8.74

21.81

14.53

13.82

10.84

Selling and Administration Expenses

24.89

23.56

27.18

32.23

13.92

Miscellaneous Expenses

24.16

9.4

4.28

2.63

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

-349.25

-124.64

175.44

169.39

131.64

Interest and Financial Charges

42.36

129.59

90.05

83.59

52.24

Profit before Depreciation and Tax

-391.61

-254.23

85.39

85.8

79.4

Depreciation

41.31

45.28

37.71

24.27

16.46

Minority Interest before PAT

Profit Before Tax

-432.92

-299.51

47.67

61.53

62.95

Tax

2.84

-1.62

9.09

2.58

22.56

Profit After Tax

-435.76

-297.89

38.58

58.95

40.39

Minority Interest after PAT

-2.91

-0.17

-2.35

-1.37

-1.49

Profit/Loss of Associate Company

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

-432.85

-297.72

40.94

60.32

41.87

Adjustment below Net Profit

0.14

-11.07

2.49

0.01

P and L Balance brought forward

-149.89

147.69

160.11

127.3

96.41

Appropriations

42.29

P and L Bal. carried down

-582.74

-149.89

147.69

160.11

127.3

Equity Dividend

1.9

Preference Dividend

Corporate Dividend Tax

0.39

Equity Dividend (%)

6.67

Earning Per Share (Rs.)

14.21

15.85

Book Value

-36.29

28.17

106.36

98.83

82.33

Extraordinary Items

-1.68

-0.45

-0.02

2.59

-0.02

	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )	2014 ( ₹ in Cr. )	2013 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	77.67	38.06	38.06	38.06	38.06
Reserves and Surplus	-359.55	82.14	366.74	338.09	275.27
Total Shareholders Funds	-281.88	120.2	404.8	376.15	313.33
Secured Loans	974.94	1058.48	902.92	790.89	659.66
Unsecured Loans	135.36	171.83	132.71	87.13	40.91
Total Debt	1110.3	1230.31	1035.63	878.02	700.57
Minority Interest	-1.09	1.82	1.98	4.33	5.71
Total Liabilities	827.33	1352.33	1442.41	1258.5	1019.61
APPLICATION OF FUNDS :
Gross Block	581.28	590.81	562.68	548.59	299.33
Less: Accum. Depreciation	199.09	158.01	112.97	75.52	51.35
Net Block	382.19	432.8	449.71	473.07	247.98
Capital Work in Progress	66.55	42.18	36.41	30.23	140.82
Investments	0.11	0.11	0.11	0.11	0.11
Current Assets, Loans and Advances
Inventories	17.13	485.08	692.37	575.13	413
Sundry Debtors	693.18	469.77	374.17	262.59	244.62
Cash and Bank Balance	2.25	82.98	16.6	13.06	33.72
Loans and Advances	90.75	172.26	107.98	38.85	44.23
Less: Current Liab. and Prov.
Current Liabilities	416.45	328.13	228.43	127.9	87.54
Provisions	8.37	4.73	6.51	6.64	17.31
Net Current Assets	378.49	877.23	956.18	755.09	630.72
Miscellaneous Expenses not w/o	0	0	0	0	0
Total Assets	827.34	1352.32	1442.41	1258.5	1019.63
Contingent Liabilities	79.49	18.72	20.67	7.15	41.05

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

2014 ( ₹ in Cr. )

2013 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

77.67

38.06

Reserves and Surplus

-359.55

82.14

366.74

338.09

275.27

Total Shareholders Funds

-281.88

120.2

404.8

376.15

313.33

Secured Loans

974.94

1058.48

902.92

790.89

659.66

Unsecured Loans

135.36

171.83

132.71

87.13

40.91

Total Debt

1110.3

1230.31

1035.63

878.02

700.57

Minority Interest

-1.09

1.82

1.98

4.33

5.71

Total Liabilities

827.33

1352.33

1442.41

1258.5

1019.61

APPLICATION OF FUNDS :

Gross Block

581.28

590.81

562.68

548.59

299.33

Less: Accum. Depreciation

199.09

158.01

112.97

75.52

51.35

Net Block

382.19

432.8

449.71

473.07

247.98

Capital Work in Progress

66.55

42.18

36.41

30.23

140.82

Investments

0.11

Current Assets, Loans and Advances

Inventories

17.13

485.08

692.37

575.13

413

Sundry Debtors

693.18

469.77

374.17

262.59

244.62

Cash and Bank Balance

2.25

82.98

16.6

13.06

33.72

Loans and Advances

90.75

172.26

107.98

38.85

44.23

Less: Current Liab. and Prov.

Current Liabilities

416.45

328.13

228.43

127.9

87.54

Provisions

8.37

4.73

6.51

6.64

17.31

Net Current Assets

378.49

877.23

956.18

755.09

630.72

Miscellaneous Expenses not w/o

Total Assets

827.34

1352.32

1442.41

1258.5

1019.63

Contingent Liabilities

79.49

18.72

20.67

7.15

41.05