VOLTAS LTD.

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
INCOME :
Sales Turnover	7124.07	6427.87	6095.02	5746.65	5204.8
Other Income	187.57	179.93	213.12	179.38	344.58
Stock Adjustments	279.55	-105.41	190.25	-59.3	-16.66
Total Income	7591.19	6502.39	6498.39	5866.73	5532.72
EXPENDITURE :
Raw Materials	5541.78	4462.11	4426.14	4027.85	3580.78
Excise Duty	0	23.49	62.22	26.85	21.71
Power and Fuel Cost	11.22	10.39	14.51	7.46	5.78
Other Manufacturing Expenses	77.69	58.05	58.49	55.88	13.89
Employee Cost	641.86	586.73	618.43	635.14	589.92
Selling and Administration Expenses	399.96	404.66	368.35	341.33	285.87
Miscellaneous Expenses	184.31	115.78	189.49	167.41	469.81
Less: Preoperative Expenditure Capitalised	0	0	0	0	0
Profit before Interest, Depreciation and Tax	734.37	841.18	760.76	604.83	564.95
Interest and Financial Charges	32.98	11.92	16.04	15.8	23.26
Profit before Depreciation and Tax	701.39	829.26	744.72	589.03	541.69
Depreciation	23.98	24.35	24.45	26.35	28.04
Minority Interest before PAT	0	0	0	0	0
Profit Before Tax	677.41	804.91	720.27	562.69	513.66
Tax	163.53	227.01	200.41	169.58	127.62
Profit After Tax	513.88	577.9	519.86	393.11	386.04
Minority Interest after PAT	5.97	5.5	2.43	6.02	3.33
Profit/Loss of Associate Company	0	0	0	0	1.63
Profit after Minority Interest and P/L of Assoc. Co.	507.91	572.4	517.43	387.09	384.34
Adjustment below Net Profit	-22.83	-18.23	-19.57	11.53	-3.55
P and L Balance brought forward	1925.38	1543.95	1150.35	859.28	499.5
Appropriations	281.29	172.74	104.26	107.56	125.49
P and L Bal. carried down	2129.17	1925.38	1543.95	1150.35	754.8
Equity Dividend	132.35	115.81	86.03	74.45	74.45
Preference Dividend	0	0	0	0	0
Corporate Dividend Tax	0	0	0	5.29	23.6
Equity Dividend (%)	400	400	350	260	225
Earning Per Share (Rs.)	15.35	17.3	15.64	11.54	10.91
Book Value	124.24	118.05	99.96	84.99	63.56
Extraordinary Items	-8.24	0.41	-0.14	54.84	40.82

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

INCOME :

Sales Turnover

7124.07

6427.87

6095.02

5746.65

5204.8

Other Income

187.57

179.93

213.12

179.38

344.58

Stock Adjustments

279.55

-105.41

190.25

-59.3

-16.66

Total Income

7591.19

6502.39

6498.39

5866.73

5532.72

EXPENDITURE :

Raw Materials

5541.78

4462.11

4426.14

4027.85

3580.78

Excise Duty

23.49

62.22

26.85

21.71

Power and Fuel Cost

11.22

10.39

14.51

7.46

5.78

Other Manufacturing Expenses

77.69

58.05

58.49

55.88

13.89

Employee Cost

641.86

586.73

618.43

635.14

589.92

Selling and Administration Expenses

399.96

404.66

368.35

341.33

285.87

Miscellaneous Expenses

184.31

115.78

189.49

167.41

469.81

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

734.37

841.18

760.76

604.83

564.95

Interest and Financial Charges

32.98

11.92

16.04

15.8

23.26

Profit before Depreciation and Tax

701.39

829.26

744.72

589.03

541.69

Depreciation

23.98

24.35

24.45

26.35

28.04

Minority Interest before PAT

Profit Before Tax

677.41

804.91

720.27

562.69

513.66

Tax

163.53

227.01

200.41

169.58

127.62

Profit After Tax

513.88

577.9

519.86

393.11

386.04

Minority Interest after PAT

5.97

5.5

2.43

6.02

3.33

Profit/Loss of Associate Company

1.63

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

507.91

572.4

517.43

387.09

384.34

Adjustment below Net Profit

-22.83

-18.23

-19.57

11.53

-3.55

P and L Balance brought forward

1925.38

1543.95

1150.35

859.28

499.5

Appropriations

281.29

172.74

104.26

107.56

125.49

P and L Bal. carried down

2129.17

1925.38

1543.95

1150.35

754.8

Equity Dividend

132.35

115.81

86.03

74.45

Preference Dividend

Corporate Dividend Tax

5.29

23.6

Equity Dividend (%)

400

350

260

225

Earning Per Share (Rs.)

15.35

17.3

15.64

11.54

10.91

Book Value

124.24

118.05

99.96

84.99

63.56

Extraordinary Items

-8.24

0.41

-0.14

54.84

40.82

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	33.08	33.08	33.08	33.08	33.07
Reserves and Surplus	4076.91	3872.13	3273.54	2778.01	2069
Total Shareholders Funds	4109.99	3905.21	3306.62	2811.09	2102.07
Secured Loans	314.65	142.29	170.94	270.74	116.47
Unsecured Loans	85.36	88.29	91.63	82.06	133.64
Total Debt	400.01	230.58	262.57	352.8	250.11
Minority Interest	34.75	31.74	28.52	26.68	16.05
Total Liabilities	4544.75	4167.53	3597.71	3190.57	2368.23
APPLICATION OF FUNDS :
Gross Block	707.7	654.62	644.94	594.08	575.94
Less: Accum. Depreciation	364.66	357.47	345.05	318.02	307.1
Net Block	343.04	297.15	299.89	276.06	268.84
Capital Work in Progress	15.66	4.08	0.55	1.29	4.42
Investments	2385.86	2753.59	2267.87	1974.78	1093.89
Current Assets, Loans and Advances
Inventories	1090.66	812.99	907.03	724.68	867.06
Sundry Debtors	1803.17	1570.28	1454.11	1367.22	1338.6
Cash and Bank Balance	321.11	283.69	331.43	185.48	251.63
Loans and Advances	1656.59	1675.86	1310.1	1424.63	1097.9
Less: Current Liab. and Prov.
Current Liabilities	2929.69	3035.04	2748.75	2555.79	2307.92
Provisions	141.65	195.07	224.52	207.79	246.17
Net Current Assets	1800.19	1112.71	1029.4	938.43	1001.1
Miscellaneous Expenses not w/o	0	0	0	0	0
Total Assets	4544.75	4167.53	3597.71	3190.56	2368.25
Contingent Liabilities	2310.92	2465.9	3405.6	553.35	1553.59

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

33.08

33.07

Reserves and Surplus

4076.91

3872.13

3273.54

2778.01

2069

Total Shareholders Funds

4109.99

3905.21

3306.62

2811.09

2102.07

Secured Loans

314.65

142.29

170.94

270.74

116.47

Unsecured Loans

85.36

88.29

91.63

82.06

133.64

Total Debt

400.01

230.58

262.57

352.8

250.11

Minority Interest

34.75

31.74

28.52

26.68

16.05

Total Liabilities

4544.75

4167.53

3597.71

3190.57

2368.23

APPLICATION OF FUNDS :

Gross Block

707.7

654.62

644.94

594.08

575.94

Less: Accum. Depreciation

364.66

357.47

345.05

318.02

307.1

Net Block

343.04

297.15

299.89

276.06

268.84

Capital Work in Progress

15.66

4.08

0.55

1.29

4.42

Investments

2385.86

2753.59

2267.87

1974.78

1093.89

Current Assets, Loans and Advances

Inventories

1090.66

812.99

907.03

724.68

867.06

Sundry Debtors

1803.17

1570.28

1454.11

1367.22

1338.6

Cash and Bank Balance

321.11

283.69

331.43

185.48

251.63

Loans and Advances

1656.59

1675.86

1310.1

1424.63

1097.9

Less: Current Liab. and Prov.

Current Liabilities

2929.69

3035.04

2748.75

2555.79

2307.92

Provisions

141.65

195.07

224.52

207.79

246.17

Net Current Assets

1800.19

1112.71

1029.4

938.43

1001.1

Miscellaneous Expenses not w/o

Total Assets

4544.75

4167.53

3597.71

3190.56

2368.25

Contingent Liabilities

2310.92

2465.9

3405.6

553.35

1553.59