A 99 MEDIA PUBLICATION
VOLUME 12
ISSUE 01 SEPTEMBER 2012 PRICE 100
www.kometindia.com
www.industry20.com
The automatically convertible lathe KOMET KomTronic® u-axis-systems For contour and turning machining on the machining centre with an existing tool Use of a machining centre instead of lathes or special machines Reduces the processing time by complete processing on one machine Replaces time-consuming circular machining
KOMET PRECISION TOOLS INDIA PVT LTD | 16J Attibele Industrial Area | Bangalore - 562 107 | phone +91(0)80 2807 8000
www.industry20.com
A 99 MEDIA PUBLICATION
VOLUME 12
ISSUE 01 SEPTEMBER 2012 PRICE 100
editorial Vol. 12 | Issue 01 | september 2012
Managing Director: Dr Pramath Raj Sinha Printer & Publisher: Kanak Ghosh Editorial Group Editor: R Giridhar Copy Desk Managing Editor: Sangita Thakur Varma Sub Editor: Radhika Haswani Design Sr. Creative Director: Jayan K Narayanan Sr. Art Director: Anil VK Associate Art Directors: Atul Deshmukh & Anil T Sr. Visualisers: Manav Sachdev & Shokeen Saifi Visualisers: Sristi Maurya & NV Baiju Sr. Designers: Raj Kishore Verma, Shigil Narayanan & Suneesh K Designers: Charu Dwivedi, Peterson PJ, Midhun Mohan, Prameesh Purushothaman C & Haridas Balan MARCOM Associate Art Director: Prasanth Ramakrishnan Designer: Rahul Babu STUDIO Chief Photographer: Subhojit Paul Sr. Photographer: Jiten Gandhi Sales & Marketing VP - Sales & Marketing: Krishna Kumar KG (09810206034) National Manager - Events & Special Projects: Mahantesh Godi (09880436623) Assistant Brand Manager: Maulshree Tewari GM (South & West): Vinodh Kaliappan (09740714817) South: Farooq Faniband (09886600175) North: Madhusudan Sinha (09310582516) East: Jayanta Bhattacharya (09331829284) Production & Logistics Sr. GM - Operations: Shivshankar M Hiremath Manager - Operations: Rakesh Upadhyay Assistant Production Manager: Vilas Mhatre Ad Coordination: Kishan Singh Assistant Manager - Logistics: Vijay Menon Executive - Logistics: MP Singh, Mohamed Ansari & Nilesh Shiravadekar office address Nine Dot Nine Interactive Pvt Ltd Office No. B201-B202, Arjun Centre B Wing, Station Road,Govandi (East), Mumbai 400088. Board line: 91 22 67899666 Fax: 91 22 67899667 For any information, write to info@industry20.com For subscription details, write to subscribe@industry20.com For sales and advertising enquiries, write to advertise@industry20.com For any customer queries and assistance, contact help@9dot9.in Printed and published by Kanak Ghosh for Nine Dot Nine Interactive Pvt Ltd Plot No. 725 GES, Shirvane, Nerul, Navi Mumbai 400706. Board line: 91 22 67899666 Fax: 91 22 67899667 Editor: Anuradha Das Mathur Plot No. 725 GES, Shirvane, Nerul, Navi Mumbai 400706. Printed at Tara Art Printers Pvt ltd. A-46-47, Sector-5, NOIDA (U.P.) 201301
www.industry20.com
Where are the People?
W
hile the Indian manufacturing industry continues to grow, company heads are grappling with the challenge of getting the right people. Despite the fact that engineering and technology colleges have grown at a rapid pace, there continues to be a gross mismatch between the actual needs of the industry and kind of people that are being graduated each year. Many of the new colleges are focused on IT-related subjects—and of little use to manufacturing sector. Graduates from more prestigious institutions are shunning shop floor and field jobs—preferring instead to work in the software sector, finance or marketing. Few engineering jobs are viewed as glamorous or interesting. While innovation has become the latest buzzword of the manufacturing industry, where are the minds to power it? Engineering is a journey towards conquering new technical challenges. It requires a special kind of mindset to understand and delve into emerging challenges. It demands an inherent passion to design and develop new methods, techniques and technologies to overcome challenges. The foundations for this kind of thinking are not laid in training provided in our institutions of engineering and technology. The fault lies in the selection process. The ability to solve a few problems in physics or mathematics should not be the only requirement for students
R Giridhar editor@industry20.com
aspiring to become engineers. We need to find students who have an inherent curiosity about how things are made, how they work—and what will make them better. We need people who are not afraid to experiment—and fail. The manufacturing-industry needs young people who can go beyond the bookish knowledge. People who have the desire to penetrate technical complications, have an interest in solving manufacturing complexities, and can create novel solutions that add value. The problems of manpower are not just at the top of the pyramid. Our diploma and polytechnics are equally bereft of talented people. These are folks that form the backbone of operations in any industry—the foremen, supervisors and junior managers who run engineering operations and instruct workers. Indian manufacturing industry needs to come together, and decisively improve the situation. Since every industry has its unique needs, companies must actively collaborate with educational institutions to shape and guide engineering curricula at the diploma and graduate level to ensure that the graduating students are exposed to the latest thinking, techniques and practices. Manufacturing companies will need to make active efforts to attract and retain the brightest and best talent from the new generation—and inspire them to deliver results. The time to act is now—tommorow may be too little, and too late.
industry 2.0 - technology management for decision-makers | september 2012
3
contents advertiser index Comet India....................................FC Exxon Mobil...................................IFC Mitsubishi......................................... 3 Panasonic......................................... 5 BRY-Air Asia..................................... 7 Schneider.......................................... 9 PCI Ltd.................................. 11, 15, 27 CHEP.............................................16-A SKF Sales.........................................13 Ace Micromatic...............................21 Wipro ........................................... 24-A
Top 500 manufacturing COs.
Rockwell..........................................33
47 Top 500 Large Manufacturing Cos.
Disha..........................................30, 31
In the 10th annual report on the Top 500 large Indian manufacturing companies, we have focused on how the companies have performed during the FY 2010-11. 48 Methodology 96 Sectoral Ranking 50 Top 500 Manufacturing Large Cos. 104 Manufacturing Expenses
143 Top 500 SMBs Cos. The seventh annual report on the Top 500 Indian manufacturing SMBs highlights the performance of the SMB companies during the FY 2010-11. 144 Methodology 206 Sectoral Ranking 214 Manufacturing Expenses 146 Top 500 Manufacturing SMBs
Delta................................................29 Elcon................................................ 41 SAP..........................................45, 142 Omron.......................................... 260 National Instruments.................. IBC GW Precision................................. BC
departments Editorial........................................... 01 Advertiser Index.............................02 Industry Update.............................04
Cover Design: Midhun Mohan
management & strategy 16 Profiting from New Products In some cases even 20 years may pass between launching and generating substantial revenue from a product.
24 Driving Breakthrough Performance
Accelerating and sustaining operational improvement should be considered as our urgent priorities.
opinion 32 Sustaining a Winning Culture
2
Product Update........................... 256 Engaging with your culture champions and acknowledging their contributions help the process.
information technology 34 Godrej Goes Virtual Virtualization technology helps Godrej Consumer Products in meeting several challenges that they were facing in managing the Mumbai datacenter.
36 Using Data for Decisions Well-planned and executed
september 2012 | industry 2.0 - technology management for decision-makers
business intelligence and data warehousing solutions can save money and aid decision making.
sector update 42 Bottled-water Attractive rates of return and other favourable conditions are drawing more players in the Bottled-water sector.
43 Backup power The demand for back-up power solutions is expected to witness a healthy growth in the coming years.
www.industry20.com
Innovative PLC based DCS flexibly and seamlessly integrates FA components for exceptional cost and energy savings. Mitsubishi Electric air-conditioning and ventilation system technologies support rapid transit in India. The iQ Plant Suite provides integrated control of SCADA systems, redundant PLCs and inverters for centralised monitoring of operational status and energy consumption, ensuring the comfort of India’s rapid transit passengers.
Modular PLC
HMI
Compact PLC
VFD
LVS
Mitsubishi Electric – Optimizing the comfort of rapid transit systems.
Micro PLC
Power Multi Meter
www.MitsubishiElectric.in MITSUBISHI ELECTRIC INDIA PVT. LTD. Emerald House, EL-3, J Block, M.I.D.C., Bhosari, Pune, 411-026, Maharastra State, India Tel: 91-20-2710-2000
Fax: 91-20-2710-2100
industry update Jindal Steel Acquires Canadian CIC Energy
J
indal Steel and Power Ltd (JSPL) has acquired Canadian miner CIC Energy for $115 million in a transaction that will give the Naveen Jindal-controlled company access to 6 billion tonnes of coal reserves in Botswana. The company will invest an additional $700 million to develop the coal mine, as well as install a 300
MW power plant in the ‘landlocked’ Botswana over the next two to three years according to Group Chief Financial Officer Sushil Maroo. Elaborating on the company’s newest asset, Maroo said: “There is a huge opportunity in power in the SADC region (South African Development Community). It is very well connected to the grid. Botswana has
Bhansali Bright Bars Adopts SAP
F
ujitsu has implemented SAP ECC 6.0 with IS-Mill ERP solution at Bhansali Bright Bars, a Mumbaibased producer of stainless steel bars and wires. The solution will automate the major functions at the company including finance, materials, sales, distribution, production, quality, and plant maintenance, etc. Kiran Bhansali, Executive Director at Bhansali Bright Bars says, “Our previous IT system had a limited focus, and was lacking effectiveness towards providing a consolidated and integrated perspective. It was becoming a bottleneck in our rapid growth plans. Therefore, we were looking for a capable partner to aid us in seamlessly transform-
ing and streamlining our operations. The new solution provides us with a consolidated, integrated and real time view of our business; and has helped improve our decision-making capabilities.” “With SAP’s world-class technology, we look forward to bringing in good governance, a systemic approach, and improvement in productivity, operational efficiency and responsiveness to customer demand,” adds Hiralal Bhansali, Chairman, Bhansali Bright Bars. Bhansali Bright Bars specialises in manufacturing of stainless steel bright bars in multiple shapes and profiles. They also have a strong foothold in stainless steel wires, wire rods, threaded rods and flanges business.
coal as well as water supplies (unlike some of the other African regions). The tariffs are very good and it is a power-deficient region, so power offtake is a no-brainer.” Of the proposed $700 million investment, roughly $100 million will go into developing the mine, and $500-600 million will be invested in setting up the power plant. JSPL plans to produce 2 to 2.5 MT of coal to feed this plant.
DISA to Enhance Localisation of Equipment
D
ISA India, a supplier of high technology foundry equipment, is planning to increase localisation of equipment by expanding capacity at its manufacturing facilities in Tumkur and Hoskote in Karnataka. “The domestic foundry industry is increasingly opting for automated equipment due to acute labour shortage and high energy costs. We are expanding capacity to meet the needs of our customers,” says Viraj Naidu, Managing Director of DISA India. DISA has played an important role in introducing semi-automatic and automatic high pressure moulding lines to Indian foundries. It hopes to make high-end technology affordable by localising equipment,” Naidu says.
industry update Bosch Packaging Sets Up Goa Facility
B
osch Packaging Technology India has set up a new manufacturing plant in Verna, Goa. Equipped with latest testing infrastructure, the new facility has sophisticated test rooms and equipment to test packaging products and product parts. The new plant also has a facility for internal and external training to familiarise customers with the operation and maintenance of packaging machines. Set up with an investment of Rs 34 crore, the new plant will fulfil increasing demand from the country’s fast growing packaging market. Through this facility, Bosch intends to double production capacity to 400 packaging machines a year over the next three years, and is aiming to cross the Rs 100 crore turnover mark. Managing Director VK Viswanathan says, “Bosch sees India, Middle East and Africa regions as high potential markets for packaging technology, particularly in the pharmaceuticals and food segments. This state-of-the-art manufacturing facility in Goa will meet the growing needs of the region through appropriate products and packaging solutions.
Punjab Fastener Makers Mull Moving Base
T
he fastener industry in Punjab has annual production of Rs 5,000 crore from 1,200 units, with exports constituting 25 per cent of revenue. Hampered by power shortages in Punjab, the industry is looking at moving base and tapping into sectors like refinery, power and automobile sectors which have a strong base in Gujarat. “There is severe power shortage in the state which is hampering industry operations. And despite state government claims, the power is not sufficiently available to the industry. Moreover, power is so costly that it becomes very difficult to compete with the other states,” explains Nar-
inder Bhamra, President of the All India Fastener Manufacturers Association. We have made up our mind to set up a fastener cluster in Gujarat as the state offers immense potential,” he confirms. The industry also foresees increased export potential because of sea ports in Gujarat. “As we will be near the port, we can also import cheap raw material from China and Taiwan which will help us in reducing our input cost. Initially we will be investing Rs 1,000 crore for setting up a fastener cluster comprising 50 to 60 units. We are looking at 100 acres of land in Ahmadabad to start our venture,” Bhamra said.
Audi to Start Unit at Aurangabad Plant
G
erman car maker, Audi is all set to start up a production unit at the Aurangabad plant of Volkswagen group firm Skoda to meet increasing demand in the Indian market. The company, which assembles sedans A4 and A6 along with SUV Q5 at the Aurangabad plant, is looking at an installed capacity of 3,000 cars a year at the new unit. The construction of the plant is going on, and will be completed by the end of this year. The company will assemble two models at the upcoming unit. Audi India Head, Michael Perschke, said, “We are setting up a dedicated production plant in Aurangabad. We will start the assembly of our Q7 SUV by the end of this year, and the assembly of the Q3 model from next year.” Audi India is targeting to sell 8,000 units this year, and is expecting 20 per cent increase in sales in 2013.
6
september 2012 | industry 2.0 - technology management for decision-makers
Reliance Cement Starts Production
R
eliance Cement (RCC), a subsidiary of Reliance Infrastructure, has initiated production from its first manufacturing unit at Butibori, Nagpur (Maharashtra). This unit will mainly service the Vidarbha market in Maharashtra. The company is currently executing two projects with a total capacity of 10 million tonnes in Madhya Pradesh and Maharashtra with connected satellite grinding plants. Pegged at 5 million tonnes each, the two clinker plants are located close to the main raw material, limestone. The company will be setting up satellite grinding units closer to the target markets. Commenting on the development, Sumit Banerjee, Vice Chairman of Reliance Cement, said, “Commissioning of Butibori unit is a landmark event in the cement industry, marking the entry of one of the largest business groups of India into the sector. Reliance’s foray in cement industry is a natural extension of its interests in power and infrastructure businesses. All the business processes of the company are being designed to be fully automated and compatible to the expectations of the NextGen consumers of India.”
www.industry20.com
Henkel Introduces Polyacrylate Auto Gaskets
H
process comes a risk of displacement of the gasket during compression, leading to rework or leakages. Henkel’s XIP gasket technology enables fast and precise dispensing of a liquid gasket directly onto automotive parts, replacing the PIP method. The dispensed liquid material is cured by ultraviolet light within seconds. The output is a perfectly uniform solid compression gasket, with a constant height and perfect start and stop points. These features are enabled by the volumetric dispensing system incorporated into the XIP equipment.
We are
everywhere
®
COMPACT DEHUMIDIFIERS
The favourite of every industry ... all over the world Write to us today for cost effective solutions ISO 9001:2008 & 14001:2004 CERTIFIED Phone: +91 11 23906777 • E-Mail: bryairmarketing@pahwa.com
www.bryair.com
RB/BA/1208HHCA2
enkel has extended its gasketing technology portfolio with new materials and processes designed to replace rubber gaskets in automotive applications. The company’s new Loctite 5883 polyacrylate gaskets combined with the new XIP gasketing process now allows auto manufacturers to dispense high-performance compression gaskets directly onto automotive parts. This new process eliminates the need for solid rubber press-in-place (PIP) gaskets, and enables automotive OEMs and tiered suppliers to enhance the performance and reliability of their products while achieving productivity goals. Engines, Heating, Ventilation and Air-Conditioning (HVAC) modules and electronics components integrate an increasing number of plastic parts such as covers or header tanks, which have to be sealed to the core component unit. The most commonly used plastic-to-substrate sealing method is the press-in-place (PIP) process, whereby the solid rubber gasket or O-ring is manually applied onto the parts. With this
industry update GETIT Signs MoU with IIMM
Ajay Das is VP Quality for Timken
G
T
ETIT Infoservices has entered into an agreement with the Indian Institute of Materials Management (IIMM) to bring enhanced services to supply chain managers. GETIT will provide purchase managers with access to online tools for taking informed purchase decisions, inviting and comparing quotes. C Subbakrishna National President, IIMM, said, “We feel there is a distinct need to look at the needs of chief pur-
chase officers (CPOs) in companies. The association with GETIT will bring in the expertise of an experienced partner who can add significant value to our activities.” Commenting on the association, Sidharth Gupta, Chief Executive Officer for GETIT Infoservices says, “We understand the pain points of purchase professionals. Through this association with IIMM we will facilitate greater effectiveness.”
BHEL Embarks on Rs 1,000 crore Modernisation, Expansion Drive
E
ngineering major BHEL is undertaking capital investments amounting to Rs 1,000 crore this year to modernise and expand different units. The company has also set aside Rs 400 crore for a JV investment in a steel plant, the output of which will be for the company’s own consumption. “All put together, BHEL expects orders worth Rs 8,000 crore. This includes 9,000 MW from Bhutan and other countries like Libya, Ethiopia and Syria with a mixture of hydro thermal and captive generation sets. With this volume of orders, BHEL’s export contribution will go up to eight per cent from the current six per cent.” Referring to defence sector, he said BHEL was showing improvement with 76 mm guns under production at the Haridwar plant. However, he admitted that growth is slow as only two to three units are produced in a year, and the revenue was only about Rs 300-400 crore. In the transport sector, BHEL has enhanced its manufacturing capacity at its Jhansi plant. “Discussions are on with Ministry of Railways for setting up a plant in West Bengal,” he added.
Parker Acquires Filtration Business
P
arker Hannifin, a provider of motion and control technologies, has acquired the filtration business of Bangalore-based John Fowler (India). The John Fowler filtration business manufactures air, fuel and hydraulic filters for use in transportation
8
and industrial applications. “The acquisition of the John Fowler allows us to expand our base business and end market exposure in India,” says Peter Popoff, President of Parker’s Filtration Group. The division will be integrated into Parker’s Filtration.
september 2012 | industry 2.0 - technology management for decision-makers
he Timken Company has selected Ajay Das as the Vice President for quality advancement. In his new role, Das will report to Christopher A Coughlin, Group President. Das will be responsible for the company’s quality management systems and quality assurance. Das most recently held the position as Managing Director and Director of manufacturing for the company’s business in India. In 2001, Das was named Director of manufacturing at the company’s plant in Jamshedpur, India. He later served as Director of new business development in Asia and was based in Shanghai. From 2007 to 2009, he served as General Manager for wind energy, and was based in Ohio. Sanjay Koul has assumed charge as Managing Director and Director of Manufacturing Operations for Timken in India. Koul will be responsible for Timken India’s operational and financial performance as well as manufacturing operations. He will report to J Ron Menning, Senior Vice President of Asia Pacific.
Mukand, Sumitomo Form JV
M
ukand and Sumitomo have decided to establish a joint venture company for secondary processing of speciality steel long products in India, to keep up with increasing demand from the automobile sector. The new company will take over Mukand’s existing business for secondary processing for approximately Rs 2,525 million. The facility will continue to operate from Mukand’s current plant for a while, and have an output capacity of 6,000 MT per month. The JV has plans to build a new plant in Lonand, Maharashtra.
www.industry20.com
HMI-Controller > Compact
Motion Controller > Performance
SoMachine > Software
Drives controllers > Efficient
Logik-Controller > Flexibility
New flexible machine control offers 100% flexibility of your machines Optimized control; shorter time to market
Machines today need to be faster, more flexible, and must be able to solve more complex automation functions than ever before. As a machine builder you must constantly look at innovative ways to build more energy-efficient machines, reduce development costs, and get your machines to market much faster. Flexible Machine Control has made this history. Flexible machine control incorporates SoMachine, a single software suite that runs on multiple hardware control platforms to achieve 100 percent machine flexibility: HMI, motion, drive, and logic controllers. With SoMachine, you need only one software, one cable, and one download to design, commission, and service your machines from a single point. SoMachine minimizes your work and capitalizes on each design. Flexible machine control is part of our brand-new MachineStruxure solution, designed to take complexity out of the business. The MachineStruxure solution also includes: Tested, Validated Architectures and Functions: Build a strong automation platform through the use of our ready-to-use, proven, and fully transparent automation architectures and application function libraries implemented with FDT/ DTM technology. Our architectures are predefined and dedicated to your specific needs for optimum results. Co-engineering Services: Design the optimal solutions for your customers with innovative help from our experts! We implement the latest technological evolutions and provide a unique hands-on industry application knowledge that helps you stay ahead of the competition.
Flexible Machine Control To reach 100% flexibility and optimization, flexible machine control incorporates predefined and proven automation architectures and functions and embeds intelligence in multiple hardware control platforms. A single software suite helps you to develop, program, and commission your machines. One Software Environment
are e ftw in SoMach So n r
One software suite to develop, program, and commission your machines, requiring only one tool, one download, one connection, and one project file
Multiple Hardware Control Platforms
Embedded intelligence where it is needed
tio lle Montro Co
r gic lle Lo ntro Co
r ive lle Dr ntro Co
I ller HMntro Co
s ine ch Ma
Download our “On the road to green machines” white paper today - its FREE and available right now! Visit www.SEreply.com Key Code 24017p ©2012 Schneider Electric Industries SAS, All Rights Reserved. Schneider Electric, MachineStruxure, and SoMachine are owned by Schneider Electric, or its affiliated companies in the United States and other countries. www.schneider-electric.com • 998-2693_IN-GB
industry update Visteon Completes Sale to Varroc Group
V
isteon has completed the sale of its automotive lighting business, for $72 million in cash to Varroc Group, a provider of automotive parts. “This transaction completes an important step in our strategic plan to focus on our core businesses,” says Don Stebbins, Visteon Chairman, CEO and President. “I am pleased with the completion of the sale, and with the efforts of both companies
to ensure a smooth transition for our customers, suppliers and the employees involved.” The Visteon businesses sold to Varroc in 2011 had revenue of $531 million, and encompass a wide range of exterior lighting products supplied to global vehicle manufacturers, including front and rear lighting systems, auxiliary lamps and key subcomponents such as projectors and electronic modules. It includes
manufacturing and engineering facilities in Novy Jicin and Rychvald, Czech Republic; Monterrey, Mexico; and Pune, India. In total, about 4,200 manufacturing, engineering and administrative employees are part of the business sold to Varroc. The two companies also have an agreement for Varroc to acquire Visteon’s equity interest in a China-based lighting joint venture, Visteon TYC Corporation, for $20 million.
Good Demand Planning Spurs Efficiency: Gartner
I
n the fourth quarter of 2011, consulting firm Gartner surveyed 240 respondents in Brazil, China, Europe and the USA across seven industries: consumer products, aerospace and defence, healthcare, consumer electronics, chemical, apparel, and footwear. The survey found that the primary influences on demand variation were increased customer requirements, followed by new product launches and the state of the economy. Steven Steutermann, Research Vice President at Gartner, said, “It is critical that organisations develop the right demand-planning process to improve effectiveness. Without a functioning process, obtaining a consensus-driven demand plan will prove extremely challenging.” Gartner has identified a number of best practices to help supply chain leaders improve their overall demand-planning processes. “Organisations are struggling to find the process that fully utilises the alignment of organisation resources,” said Steutermann. “The balance between bottom-up collaborative approaches versus top-down statistical modelling is challenging, and the ability to understand baseline volumes from promotional volumes—as well as mix and shift within portfolios—is an equally daunting task.” The survey discovered that defining the balance between statistical modelling and collaborative forecasting improves accountability for the forecast, and enables continuous improvement across the organisation. “Determine the best method, or methods to optimise forecast accuracy,” advises Steutermann. “The company should be able to address what items should be statistically modelled, what items are reliant on a collaborative process, or both. The demand-planning organisation should play a central role in identifying accountabilities across the organisation.” The survey also found that the companies that utilise demand sensing and shaping capabilities realise higher forecast accuracy. “To fully realise the benefits of demand
10
september 2012 | industry 2.0 - technology management for decision-makers
sensing and shaping, organisations must first mature their demand-planning processes,” Steutermann says. “A rigorous process and discipline must be supported by organisational balance, metrics, sponsorship, ownership and accountability. Organisations must recognise that the demand plan is not a sales or marketing forecast, nor is it a budget. It is a process by which organisations determine the most profitable mix of items that could be sold, balanced by constraints and demand risks.” The third finding of the survey was that the demand-planning process best practices include measurement, planning hierarchies, and new product launch forecasting. Despite the focus on customer collaboration and customer inputs, only 17 per cent of respondents indicated that they forecast at the stock keeping unit (SKU), location and customer planning level. Given that a primary driver of demand volatility is increased customer requirements, Gartner analysts found it surprising that companies do not measure demand error down to the customer level as a means to better understand the sources of error—so that process and accountabilities can be improved. They also said that new product launch forecasting is overly reliant on sales and marketing for demand inputs. Opportunities exist to remove forecast bias by utilising attribute modelling techniques and solutions that use similar product introductions to understand consumer/ customer trial and repeat, as well as volume-build assumptions, to improve the forecast. “Organisations should measure forecast accuracy at the item, location and customer level for forecast error understanding,” Steutermann comments. “Customer or sales forecast accuracy should be measured for continuous improvement and accountability. The appropriate place to measure for continuous improvement is in the sales and operations planning (S&OP) review process,” he said.
www.industry20.com
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
11
industry update Engineering Exports Dip to $4.5 Bn
E
xports of engineered products have declined by nearly 16 per cent to $4.5 billion in June, due to poor demand from western markets. In June 2011, these exports stood at $5.3 billion, according to the data from Engineering Export Promotion Council (EEPC). During last financial year (2011-12), India’s engineering exports grew 17 per cent to $59 billion. “Exporters are getting few orders from the American and European
markets as buyers in these countries are not keeping inventories,” an EEPC official explains. However, he was optimistic that demand would pick up. The US and Europe together account for over 60 per cent of India’s total engineering exports. India exports engineering items such as transport equipment, capital goods, other machinery/equipment and light engineering products like castings, forgings and fasteners.
Samtel Bags Honeywell Order
S
amtel Avionics & Defence Systems (SA) has secured an order to manufacture avionics equipment for Honeywell. The value of the order is $5.1 million. Both the companies have signed a long-term contract for supply of the component to Honeywell; a continuation of a previous purchase order that Samtel had received from Honeywell in 2010. Samtel, since then, has become an approved supplier for Honeywell worldwide for this equipment that goes into aircraft. The production of this equipment is to begin shortly at Samtel Avionics’ new production facility at Greater Noida. Samtel and Honeywell have been working together for the last five years since the first contract for colour avionics tubes was signed between them. Samtel is also in discussion with Honeywell for multiple display programmes, and expects to get more business with the total potential value reaching up to $100 million over the next five to seven years. Commenting on this order, Puneet Kaura, Executive Director, Samtel Avionics & Defence Systems says, “Samtel and Honeywell have had a successful relationship in the avionics space. Samtel is now poised to become India’s first complete avionics firm in the private domain, and our partnerships with global giants such as Honeywell will help us cement our position.” Samtel already makes multi-function displays through its JV with HAL. These have been inducted on Block III & IV Su-30 MKI aircraft being manufactured by HAL.
India Attracts Global Paper Industry
A
new report by Deloitte says that India has become an attractive market for the American pulp and paper industry. “India has 15 per cent of the world’s population, but consumes less than two per cent of the world’s paper. India’s paper demand is expected to grow at six to seven per cent year over year, with the packaging industry poised to grow at 22 to 25 per cent annually. Meeting the
12
growing demand will require a correspondingly significant investment in both new machines and upgrading of existing facilities,” says John Dixon, Principal, Deloitte Consulting LLP. The report analyses the challenges to investing in India, and says only about 60 per cent of the current papermaking capacity is being used. It advises companies considering entering the market to do so strategically.
september 2012 | industry 2.0 - technology management for decision-makers
Electrical Industry Experiences Deceleration
T
he Indian Electrical and Electronics Manufacturers Association (IEEMA) has released a report on the Q1 FY13 performance of the US $25 billion Indian electrical equipment industry. The report indicates that the industry has registered a negative growth of 2.4 per cent in the first quarter (Q1) of 2012-13 when compared to the corresponding period of Q1 FY12 (13.82%), and sequential quarter Q4 FY12 (14.10%) for the first time in 10 years. The transformer industry has witnessed a negative growth of 7.6 per cent in Q1 FY13 against the growth of 6.6 per cent for the corresponding period of Q1 FY12. The capacitor and cable industry has seen a double digit negative growth of 24.8 per cent and 12.9 per cent respectively compared to the positive growth of 20.9 per cent (capacitor) and 44.6 per cent (cable) in Q1 FY12. The rotating machines industry has witnessed a negative growth of 2.6 per cent in Q1 FY13 against the growth of 9.6 per cent for corresponding quarter of last year. According to IEEMA, these numbers imply a distinct slowdown in industrial capex activities and in off-take due to the credit squeeze, high interest costs, etc. Ramesh Chandak, President of IEEMA says, “In recent years, a surge in imports is significantly impacting the Indian electrical equipment industry. The commercial viability of the industry is getting dented.’’ While the Indian electrical equipment industry has recorded a negative growth, imports have increased by 100 per cent for insulators, motors and generators. Overall, Indian imports of electrical equipment have grown at a CAGR of 28.28 per cent over the past five years.
www.industry20.com
WHY BUY?
JUST HIRE!
CHEP INDIA PVT. LTD. 3rd.floor, Aver Plaza, Opp. Citi Mall, New Link Road, Andheri (W), Mumbai 400 053. Toll Free: 1 800 209 7273 Land Line: +91 22 67839400 Email:salesindia@chep.com www.chep.com
industry update Workflow Software Enhances Plant Safety
H
oneywell has unveiled a workflow process management application called Intelligent Management of Change (iMOC) within its DOC4000 suite to provide a unified and efficient way to manage change, security and compliance across plant control and safety systems. iMOC enables supervisory personnel to modify critical plant systems, includ-
ing distributed control systems, safety systems, programmable logic controllers, field instrumentation databases, and advanced solutions. “The requirement for a formalised Management of Change (MOC) process is a major trend in the process automation industry,” says Jon Lippin, Vice President and General Manager of Lifecycle
Solutions & Service for Honeywell Process Solutions. “Improper changes to automation systems can negatively impact a plant’s safety, availability and compliance, and ultimately its business results. iMOC meets this need by collecting relevant data within a process plant and presenting the information to personnel,” he adds.
Labour Productivity Important for Competitiveness
A
survey by IDC Manufacturing Insights reveals that labour productivity is rated as the most important factor in manufacturing success. Factors such as modern infrastructure, government support, and foreign direct investment ranked in varying degrees after labour productivity. Manufacturing managers, directors, and executives from sectors including automotive, food and beverage, machinery and equipment, and textiles across Australia, Brazil, Canada, China, France, Germany, India, Mexico, Spain, the UK, and the US participated in the survey. Respondents from mature economies fared similar to emerging nations when rating the importance of manufacturing, with 70 per cent of all respondents citing manufacturing as the single most important industry for their country’s economic health. India was the only deviation with 32 per cent claiming manufacturing was detrimental to the economy. India ranked the least amongst developing economies (at 60%) when asked about government support for the manufacturing industry with China rating it the highest, at 82 per cent. This emphasises the Indian manufacturing industry’s concerns about lack of government focus on reforms and growth. When asked about the future of manufacturing as a career option for the next generation, 92 per cent Indians agreed that manufacturing was a practical career option. Australia and China ranked the lowest, with 74 and 70
per cent respectively. On factors that affect the success of manufacturers, majority of all respondents, at a combined 74.7 per cent agreed that a high level of labour productivity is very or extremely important for achieving manufacturing success. While emerging nations rated the need for modern infrastructure higher than mature economies, labour productivity still topped as the main driver of success among all countries. When asked about factors that can improve workforce productivity, training and continuous improvement of the existing workforce was the top choice. Investment in technology followed next, with 63.3 per cent. When asked if absenteeism was not a problem, India at 36 per cent had the highest number of respondents that disagreed, suggesting absenteeism to be a larger issue than other countries. On shortage of skills required for specialised manufacturing jobs, the results suggested the need for greater government involvement in driving reforms and investing in workforce skills development. The respondents were also asked about one strategy that they would recommend for global competitiveness. The winning recommendation, at a combined 45.5 per cent, was that manufacturing companies should keep existing facilities as is and invest in workforce operational excellence methodologies, which comprise strategies for more effective labour cost control, minimised labour law compliance risk, and improved workforce productivity.
management & strategy
P
g
rofitin from New Products Six failure modes bedevil chemical companies when it comes to commercialisation of new products and materials. Right capabilities can speed up launches and achieve high revenues By Michael Boren, Vanessa Chan, and Christopher Musso
C
hemical and materials companies invest a significant portion of their capital in research and development: typically 2 to 3 per cent of sales for commodity players and as much as 10 per cent for some specialty companies. However, the long lag time for new materials to realise meaningful revenue is a major source of frustration among managers. In some cases, as many as 20 years can pass between the time a product is launched and the time it yields substantial revenue. Given this history, many investors and executives have lost faith in new chemical or materials product launches as viable near-term producers of revenue; product launches in other industries perform better in comparison (see Exhibit 1).
16
www.industry20.com
Value-proposition-related failure modes
The value proposition of most materials is simply a performance or cost improvement over alternatives for a given set of market needs. Too often, market needs and the value proposition of new materials are misaligned, which invariably leads to disappointing market share and long adoption time. This misalignment comes in three flavours.
Illustration by Charu Dwivedi
Failure Mode 1: The Risk Disequilibrium
This is one reason companies increasingly place their investments in line extensions or incremental product improvements. Launching new classes of chemicals and materials promises to open up entirely new markets, but investment is unappealing because the process is lengthy and involves much uncertainty Yet not all such launches are doomed to a slow rampup in revenue. While we have not found many companies
www.industry20.com
that consistently launch new materials quickly and successfully, we have observed a number of successful launches. By comparing the successes and failures, we have identified important failure modes that companies encounter related to both value-proposition and marketsegmentation issues, and the capabilities that companies can deploy to improve their chances at successful commercialisation.
We hear all too often from materials innovators that their customers’ testing cycles are irrationally long: “If they could only understand the benefits of our material, they would fast track it.” While it is true that most product manufacturers have waste and downtime in their test cycles, the main issue is that materials producers tend to fail to understand the risks that their materials create. While the benefits of a new material can be exciting, there is often a great disequilibrium between those benefits and the potential liabilities of failure. Consider, for example, the launch of a new lightweight structural material in the automotive space. The material could offer substantial, quantifiable benefits for critical objectives such as fuel efficiency, but if it failed, it would expose the vehicle manufacturer to tremendous warranty costs or safety issues. As a result, even for this critical need, original equipment manufacturers (OEMs) have instituted comprehensive, arduous—but very rational—testing loops that can last many years,
industry 2.0 - technology management for decision-makers | september 2012
17
management & strategy severely damaging the business case for the new material. There are some application segments that seem to systematically require extended testing because of the risk disequilibrium, but that nonetheless appear irresistible to materials innovators. Entering these spaces typically promises outsize profits and outstanding long-term positions as a specified material in a product, yet often results in broken hearts and cancelled materialsdevelopment programmes. We affectionately call them ‘impossible’ entry segments and find it is rarely advisable to try using them as primary launch spaces. These segments include high-liability arenas such as automotivesafety equipment, in-the-body medical devices, and primaryaerostructure components. The entry of carbon fibre (CF) into the primary-aerostructure market illustrates the problem. While benefits from the material’s lightweight and stiffness seem nearly perfectly suited to aircraft construction, there are obviously extreme consequences if primary aerostructures fail. While the core CF material technology was developed in the mid 1960s, it took more than 20 years to find appreciable use in commercial aerostructures, and more than 30 years before it became the primary material for the Boeing 787’s aerostructure, the first predominantly CF commercial aircraft. Luckily, producers found other uses for the material (including military and sporting-goods applications) while waiting for adoption to spread; otherwise, the world may never have enjoyed the benefits that CF composites bring.
Failure Mode 2: Poor Segmentation
Companies with exceptional new materials tend to believe
18
Exhibit 1
Revenue evolution to peak and beyond for various industries Pharma (new drug)
Aerospace (new aircraft platform)
Materials/chemicals (new product launch)
that their products appeal to a much broader market than they actually do. This conviction can lead to a dramatic overestimation of market opportunities (often based on the belief that older products will be completely replaced by the new product); companies then over invest in
september 2012 | industry 2.0 - technology management for decision-makers
capacity and broad, fragmented sales and marketing efforts that bear little fruit. This is the result of poor segmentation in the initial strategic marketing. We have seen poor segmentation in many markets, including bioplastics (“We can attack—and win—in all packaging spaces”), construction products (“Our additives will be accepted in every type of concrete, regardless of application”), and electronics (“Why wouldn’t every consumer want a more energyefficient light bulb enabled by our technology?”). In each of these cases, more detailed market-segmentation analysis revealed that the incumbent offered a superior value proposition for the majority of segments, though the new material surpassed the innovator’s expectations in select spaces. Avoiding under-segmentation leads to more effective launch campaigns and better matching of capacity to likely demand, both of which dramatically improve the return on innovation investment.
Failure Mode 3: The Utopian Illusion
Most new materials are developed based on a distinctive set of properties that is discovered during early research and development. Unfortunately, companies often become enamoured with that set of properties and start to view the material as a utopian panacea, losing sight of how the material actually satisfies customers’ needs. They begin to believe that the virtues of the distinctive properties will provide so much value to customers that the material’s shortcomings will be overlooked. This is rarely true. More often, the material performs well on one or two requirements, but incumbents may have a stronger value proposition for the com-
www.industry20.com
plete set of customer requirements. This results in either a lack of adoption or, worse, a flash-in-the-pan launch. The early launch of high-density polyethylene (HDPE) in the United States is a prime example of companies falling prey to this utopian illusion. HDPE was originally promoted as a superior replacement to low-density polyethylene (LDPE)—capable of doing everything LDPE could do while providing higher heat resistance and greater stiffness, which could open up new applications—and major new plant investments were made. HDPE producers aimed their product at the bottle market and targeted dish-detergent containers for their first conquest. To displace metal containers that held the market, producers highlighted HDPE’s elimination of rust, dents, and leaks, as well as its mouldability into attractivelyshaped containers—and successfully pre-sold their plant output on these claims. Early adopters found, however, that not only was HDPE hard to mould (a drawback known from early tests but overlooked in the rush to market) but also that the new bottles suffered stress fractures. The result: a mass customer exodus and warehouses full of unsold resin. Two years of further development finally enabled HDPE to penetrate the detergent bottle market—one that it has dominated ever since. While the HDPE example dates from 50 years ago and ultimately has a happy ending, launch flops in the intervening years show that the utopian illusion has continued to cast a powerful spell over companies, with a roll call of examples in biopolymers, engineering plastics, elastomers, and electronic materials.
www.industry20.com
Failure Mode 4: Stifled by the Loser
New materials are typically matched to markets because of an outstanding performance characteristic that will benefit the end user. However, benefits to the end user do not always equate to benefits to value-chain players. Value chains are often built up—intentionally or inadvertently—to maintain the status quo, generally in the name of quality and on-time delivery. When a new material threatens to negatively affect
North America (as corrosionresistant pipe for pickle factories) in about 1952, yet widespread use in the all-important housing market did not occur until at least 1965. Although PVC was less expensive than other options and adequately durable, penetration was slow because it created two losers in the plumbing value chain: plumbers and pipe distributors. PVC threatened plumbers because it simplified a major portion of their hourly work and distributors because it was much
Exhibit 2
PVC pipe sales took nearly 15 years to reach reasonable volume
the status quo, there will naturally be resistance to its adoption. Perhaps the best historical example of this is the adoption of polyvinyl chloride (PVC) pipe in the United States. Although PVC pipe has grown to be one of the biggest plastics applications, it did not reach reasonable volume until nearly 15 years after its launch. PVC pipe was introduced in
less profitable than incumbent metal options. These groups fought hard to keep it out, resulting in approvals delays, which were not fully resolved until 1968—several years after PVC was ready for market (Exhibit 2).
Failure Mode 5: ‘Drop-in’ Solution As seductive as the concept is, and as often as the promise is
industry 2.0 - technology management for decision-makers | september 2012
19
management & strategy made, we are sceptical that the elusive ‘drop-in replacement’ material actually exists, and we have found its pursuit considerably extends time to market. Although there are materials that require limited changes at individual steps of the value chain, commercialisers must consider the whole chain when launching new products to avoid barriers. There have been numerous initiatives, for example, to use plastics as drop-in replacements for metals and other polymerbased materials in markets such as automobile body parts. Unfortunately, in a significant number of cases the new materials have run into thermal and chemicalstability issues, developing stress cracks and being unable to perform across the required range of environmental conditions. In the case of automobile assembly,
there have also been compatibility issues in key steps such as coatings. Materials producers therefore need to carefully assess their product’s performance along the complete value chain, or risk unexpected delays in uptake.
Failure Mode 6: Complex Value Chain
Our research and experience have shown that value-chain complexity has a significant influence on adoption time. Value-chain complexity comes from many sources, including the number of steps in the chain, geographical spread, and contract structures. Complex value chains can inhibit adoption simply because they require such substantial realignment to accommodate new materials. From our perspective, the
evergreen promise of polycarbonate (PC) automotive glazing has so far succumbed to valuechain complexity. Although PC glazing can offer dramatic weight-reduction benefits, it has taken far longer than expected to gain scale. Adoption of PC glazing requires multiple supplier tiers to change their production processes, which they are unwilling to do unless they have a clear promise that OEMs will buy the new material. OEMs, however, are unwilling to buy the new material until they see a stable supply chain. As such, materials often face a catch-22, where each player in the value stream is waiting for the others to make the first move. Furthermore, the risk of failure associated with adoption—which causes players in the value chain to raise their prices—
Exhibit 3
Commercialisation diligence can dramatically improve the value potential of a new material
20
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TPM-Trak®
management & strategy increases as the chain becomes more complex, often erasing the original value proposition of a new material.
Improving Commercialisation
In our experience, one of the things that companies can do to improve their chances of commercialisation success is to dig much deeper—and at a much earlier stage—into the value proposition of their products (an activity we call ‘strategic segmentation’). They can also help their chances of success by being very selective in choosing entry markets. Strategic segmentation is a structured process in which technical experts and strategic marketers cooperate to identify the most likely markets—and then market segments—for a new material. While most companies believe they do this, most fail to do so with the necessary rigour. Our experience is that a successful strategic segmentation requires effort and rigour similar to that expended by a mergersand-acquisitions team doing due diligence on a target. The process begins with a broad scan of potential applications, based not only on the obviously attractive material properties but also on unique property combinations and more obscure traits. The company then tests the fundamentals of each target market (size, profitability, growth, and critical tailwinds that will help or hurt the need for new materials) and identifies the most exciting segments. The segmentation team tests the basic hypotheses of the value proposition in the most attractive segments, with the dual goals (by segment) of quantifying the value in use versus incumbents and identifying the drawbacks of the new material. This is typically
22
done over the course of one to two months and involves critical analysis of materials properties, dozens of interviews with end users and converters, and often some prototyping to demonstrate the value proposition. The result of strategic segmentation is a set of target segments in which the material can potentially play, as well as a much different—stronger or weaker—corporate conviction about the true market potential for the material. This conviction leads to appropriate scaling of both ambition and resource investments. Strategic segmentation is also critical to dealing with valuechain failure modes, because it informs the most important decision related to commercialisation timing: the selection of entry applications. Materials are unique in that they can often be used in many different applications but have one property that can dramatically improve their commercialisation potential. The best commercialisers take advantage of this property by seeking applications with the best balance of a strong value proposition and low value-chain barriers, recognising that the two are quite different: that is, the application with the strongest value proposition may not be the best overall creator of value if it will take a long time for adoption to spread. The shortest possible value chain in which players have similar incentives for adoption will be the quickest. Additionally, the best commercialisers are willing to create novel business models to sidestep or eliminate value-chain barriers. There are many ways to do this: value-chain partnerships can be forged to create impetus for value-chain players to adopt materials; switching-cost subsidies can be offered to offset
september 2012 | industry 2.0 - technology management for decision-makers
required investments in process, technology, or logistics for valuechain players; the commercialiser can mimic incumbents by modifying properties to closely match existing products in order to simplify adoption; or the commercialiser can pursue forward integration, owning (by acquiring or building) all of the value-chain steps that could limit adoption. The last approach was used to drive the adoption of PET bottles, and it is being widely employed today in the development of CF composites for automobiles.
Building Muscle
Building commercialisation muscle is not easy, but it can be done. A sequential commercialisation-diligence process can be effective to begin institutionalising this capability (Exhibit 3). However, experience has shown that a process alone is insufficient in the chemical and materials industries. Because most marketers and researchers in those industries have spent their careers chasing volume with (at best) incremental changes to existing projects, they lack the mindset and skills needed for groundbreaking commercialisation. An institutional commercialisation capability requires a cadre of trained and experienced commercialisation experts who are both capable of the deep analytics needed for strategic segmentation, and creative enough to generate novel business models. There are few non-executive roles in most companies where these skills coexist, so it is necessary to carefully screen for the role and to provide heavy training (usually in apprenticeship on commercialisation projects). Furthermore, depending on the frequency of product launches at a company, 12 to 18 months of apprenticeship may be required.
www.industry20.com
While this training may appear daunting, the silver lining is that the skills for successful commercialisation are often helpful in senior-management positions. The mindset and expectations of senior management are also critical to successful commercialisation. When making innovation investments in chemicals and materials, executives must recognise that commercialisation is a long process, taking as little as one to two years to attain appreciable volume for simple line extensions in existing markets, and lasting seven or more years for breakthrough projects in unfamiliar markets. While it takes less time when the right skills and activities are in place, this is not an activity that starts in one quarter and pays off in the next. From the outset of a development project, the senior team must have the resolve to execute it. This is not to say that a project should be left to its own
www.industry20.com
devices—quite the contrary. The best projects have clear but reasonable milestones that point toward commercial success. These milestones typically include the achievement of technical goals, the establishment of the product’s value proposition in core markets, and success in early applications as a path to long-term viability in core markets. Commercialisation teams must be managed according to these milestones, and projects that fail to reach them must be cancelled.
Navigating the Road
The commercialisation of novel materials is an inherently long process that is fraught with challenges. How these challenges are handled makes the difference between success and failure. Recognising the failure modes— in both the value proposition and the value chain—is the first step. But, if these challenges are to be managed, materials produc-
ers must continue the tactical launch planning that they typically do well and raise their game significantly in three major areas: strategic segmentation, market selection, and businessmodel creation. The companies that choose to focus on building institutional capabilities in these areas can create a strategic advantage in launch timing: avoiding the commercialisation pitfalls can cut up to half the time required for a new material to succeed, and it increases the likelihood of adoption. Both of these factors will dramatically improve return on innovation spend, driving improved profits and stronger shareholder value. Michael Boren is a consultant in McKinsey’s Cleveland office, where Christopher Musso is a principal; Vanessa Chan is a principal in the Philadelphia office. This article was originally published in McKinsey Quarterly, www.mckinseyquarterly.com. Copyright (c) 2012 McKinsey & Company. All rights reserved. Reprinted by permission.
industry 2.0 - technology management for decision-makers | september 2012
23
An MBA may not make you a CIO, but this can The CIOs of tomorrow are expected to be outstanding business leaders, not just good technical experts, who can collaborate and communicate in their professional environment ITNEXT invites you to participate in the 2-day Pocket CIO programme to equip yourself with strategic, technical and soft-skills needed for senior management roles. The training sessions will be hosted by experts, and will feature eminent CIOs. SESSIONS WILL COVER
Contemporary trends in a current technology area Delivering innovation or improving business outcomes through IT solutions Best practices for installing, operating and improving enterprise services/infrastructure Thinking strategically about IT Leadership in the corporate context Communication skills for top managers Visit www.next100.in to register for Pocket CIO programme. The full-day (9:00 am to 6:00 pm) program is entirely free of cost.* PRINCIPAL PARTNERS
NEXT100 BOOK PARTNER
KNOWLEDGE PARTNER
MUMBAI : 14th – 15th SEPTEMBER BENGALURU : 21st – 22nd SEPTEMBER NEW DELHI : 28th – 29th SEPTEMBER
TECHNOLOGY PARTNERS
SUPPORTING PARTNER
DATE & CITY
MEDIA PARTNER
APPLY NOW ! www.itnext.in/next100 EVENT BY
* Seats are limited at each location and will be offered only to qualified candidates
management & strategy
Driving
Credit: www.photos.com
Breakthrough Performance
While many industrial goods manufacturers have been using lean methods for a long time, few companies have achieved their full potential. A well designed ‘fast lean’ program can jumpstart an effort that has under performed, and advanced levers can elevate it to a new level. By Dave Ryeson, Michael Zinser, and Pierre Derieux 24
september 2012 | industry 2.0 - technology management for decision-makers
A
s the current macroeconomic picture makes accelerating and sustaining operational improvement an urgent priority, manufacturers’ margins are under pressure. Commodity prices have been rising dramatically, which
www.industry20.com
means that supply chain risks from factors such as fuel costs are increasing. Meanwhile, the earthquake and tsunami in Japan have underscored the constant threat to supply chains from natural disasters. Manufacturers need to manage their costs more efficiently, protect their supply chains more vigilantly, and innovate more rapidly. Practically everyone in industrial-goods manufacturing has ‘done’ lean in some form or other, having adopted 5S programs, kaizen events, standardised work, and numerous other techniques. Many have seen significant benefits, including lower costs, improved quality, better customer response, and a more engaged workforce. However, only a few manufacturers have been able to create sustainable world-class operations. Some companies manage to get only limited benefits from lean because their programs are overly broad and lack sufficient penetration. Some lack the necessary capital, manpower, or analytical tools. Others improve dramatically for a while but then lose momentum. They earn some real wins but can’t quite land the big prize: implementing standard processes across facilities or integrating all business units— not just production—under a coherent lean strategy. For example, five years into a lean transformation effort, one industrial-goods company that BCG worked with hit a plateau. After making very respectable improvements in uptime and quality, results began to dwindle. The efforts up to that point, largely isolated within individual plants, had been opportunistic in nature and lacked top-down coordination across the network. However, by taking a hard look
www.industry20.com
at its situation and assessing its opportunities more holistically, the company was able to reinvigorate the program through a ‘fast lean’ approach, ultimately achieving cost reductions of 10 to 15 per cent.
The effort consisted of the following measures
• Conducting data-driven fastlean assessments at highpriority plants that refocussed scarce resources on those improvement opportunities that could bring the most value in the shortest period • Improving cross-plant coordination through internal benchmarking to identify performance anomalies such as machine/line rate and yield variances that could be corrected and subsequently exploited as quick wins • Instituting a robust bestpractices process linked to benchmarking that quickly identified and deployed best practices throughout • Coordinating improvement efforts from the top down to allow opportunities to be prioritised at the network level and resources to be allocated effectively
Levels of Lean Maturity
Manufacturers need to find ways to migrate to the more mature levels of lean. Companies typically progress through three maturity levels as they improve performance, build expertise, and enjoy the resulting benefits. • Level 1: Learning the Basics. Entry-level lean practitioners are primarily seeking to eliminate waste in production. Their objectives typically include efficiency gains, cost reductions, improved quality, shorter lead times, and
greater flexibility. Companies at this level understand the key lean tools and apply them at local factories but not consistently across the plant network. Through quick wins, they can typically achieve cost savings of 5 to 10 percent, for an immediate impact on the bottom line. Sustaining improvements over time and applying consistent standards across the network are the key challenges that companies must address in order to progress to the next level. • Level 2: Implementing a Lean Production System. Companies at this stage are among the top players in their industry. They are moving toward an integrated lean-production system that involves the whole manufacturing network. As a result, they can reduce value-adding costs (that is, all manufacturing costs except for raw materials and other inputs) by 10 to 15 per cent, while cutting waste virtually to zero. Companies at level 2 consistently apply common lean tools, principles, processes, and metrics across the manufacturing organisation. However, they often overlook critical elements related to tools, organisation structure, resources, incentives, and employee training and qualification. For instance, many companies lack knowledge experts, project management skills, a rollout support team, or clear definitions of roles and responsibilities. Getting the full benefits of lean also involves training and qualifying employees in standards development, company-specific tools such as loss analysis, autonomous maintenance, and
industry 2.0 - technology management for decision-makers | september 2012
25
management & strategy continuous waste identification. Progress toward a lean production system tends to unfold over a period of three to five years. Eventually, forward-looking companies begin to realise that lean benefits can and must be extended beyond manufacturing. • Level 3: Beyond Manufacturing. Companies at this level have a complete view of their non value-adding costs. They have devised and implemented advanced techniques such as product segmentation and production and inventory strategy, as well as disciplined sales and operations planning (S&OP). The optimal production processes have been identified and leveraged using advanced tools such as bill of process (BOP). Most plants and overall equipment efficiency (OEE) levels meet global best-in-class standards. Manufacturing is a key contributor to funding growth. Companies that want to push even further tend to focus subsequent lean efforts on administrative and service processes, where high overhead can hurt the bottom line. But even more complex functions such as R&D and engineering, which are harder to standardise, can benefit dramatically
from lean principles and tools. Applying lean to such areas can deliver impressive results: lead time reductions of 40 to 70 percent, productivity increases of 15 to 25 percent, and error reductions of 50 to 70 per cent. Moving from one level of lean to the next can be difficult. However, organisations at all levels can create significant value by a continued focus on lean. Recently, we’ve observed that many companies trying to get beyond level 1 or 2 have begun implementing shorter, more targeted and effective lean programs. And many at level 3 are deploying a broader range of advanced techniques.
Focussing on Fundamentals
In BCG’s experience, companies that have had difficulty reaching an advanced stage of lean can derive consistent improvement by refocussing on fundamentals and thinking smaller and faster. A fast-lean ‘health check’ and a few focussed changes can have a huge impact on cost and performance. Companies can see major savings in specific areas within weeks—or even days. The key is to pick the most effective improvement
The key is to focus o small no of specific levers in a few high-impact areas. The biggest opportunities for quick wins are in OEE, line staffing and scrap reduction. These areas are easy to analyse, can often be change without a major capital investment... 26
september 2012 | industry 2.0 - technology management for decision-makers
levers, weighing the trade-offs among them and deciding which ones to tackle immediately. A successful fast-lean program involves the following: • Prioritising opportunities on the basis of time to results, relative effort, and financial impact • Focussing scarce resources on top priorities to generate quick wins • Developing a coordinated effort within and across plants to rapidly identify and adopt best practices in the identified priority areas • Creating an environment in which speed and a certain degree of risk taking are rewarded The best opportunities for quick improvements in manufacturing costs and performance typically lie in five areas: • Equipment—by reducing machine downtime, improving maintenance, and boosting overall OEE and throughput • Processes—by standardising work, cutting out low-value steps, optimising workflow, and improving line staffing • Material Yield—reducing loss from scrap and obsolescence • Logistics—by boosting warehouse productivity and minimising freight costs • Inventory—by rightsizing, rethinking levels of buffer stock, streamlining material flows, and improving demand forecasts The key is to focus on a small number of specific levers in a few high-impact areas. At virtually every company we work with, the biggest opportunities for quick wins are in OEE, line staffing, and scrap reduction. These areas are easy to analyse, can often be changed without a major capital investment, and almost always
www.industry20.com
Because cooling shouldn’t hold back your business
Close-coupled cooling options deliver greater energy efficiency. Our InRow units come in floormounted and overhead forms (floor-mounted shown here).
Introducing expanded, efficient APC by Schneider Electric cooling options for your ever-changing IT needs Today’s data centres are really heating up
Racks are packed with more and more equipment, driving the highest-ever rack power densities. The result: unprecedented heat levels, row by row. Meanwhile, virtualization is everywhere, leading to more dynamic loads and shifting hot spots. Tackling this challenge with traditional raised floors and perimeter cooling alone poses a real struggle: How can you locate enough cooling exactly where it’s required? And how can you streamline cooling efficiency to minimize energy costs? APC by Schneider Electric™ has the efficient and effective solution you need: InRow™ cooling. InRow units come in two forms: floor-mounted unit and, now, our new overhead units, both of which deliver cooling targeted at heat sources.
Achieve greater efficiency with InRow cooling.
1 1. Hot spot emerges. 2. Row-based temperature
Variable-speed fans target heat and improve efficiency
Rack-mounted sensors monitor the temperature, giving you real-time information on where heat is hiding. As heat loads shift around the room, unique variable-speed fans automatically adjust to meet the demand. By closely matching cooling with the heat load, you use the cooling that’s required in the right place at the right time, reducing waste by preventing hot and cold air from mixing and eliminating hot spots. You improve efficiency and avoid overcooling. And the overhead units give you the cooling you need within your existing floor print.
Modular design delivers maximum flexibility
Scalable, modular InRow cooling units can be easily and quickly deployed as the foundation of your entire cooling architecture or in addition to current perimeter cooling for a high-density zone within an existing data centre. With this kind of hybrid environment, there is no need to start over and installation is quick and easy, allowing you to align your IT ‘on-demand’ to your business needs.
probes send signal through intelligent controls.
3. Based on required cooling, 2 variable-speed fans fire up or level down.
4. With row-based cooling, air mixing and overcooling are prevented. Heat is handled with the lowest energy consumption possible.
4 3
Next Generation InfraStruxure
InRow cooling is part of the Next Generation InfraStruxure™ solution, the APC by Schneider Electric one-of-a-kind scalable, adaptable, and ‘on-demand’ data centre architecture.
Download a FREE copy our White Paper #118 ‘Virtualization: Optimized Power and Cooling to Maximize Benefits’ and WIN free Nike T-shirt! Visit www.apc.com/promo Key Code 45524y ©2012 Schneider Electric. All Rights Reserved. All trademarks are owned by Schneider Electric Industries SAS or its affiliated companies. • www.schneider-electric.com • 998-5047_IN-GB
management & strategy have room for improvement no matter how much attention has been paid to them in the past. For instance, at an industrialproducts manufacturer with a one-operator-per-line setup, we discovered, through observation and basic analysis, that the line operators were spending considerable time engaged in activities that seemed to add little value. By reorganising workflows and slightly modifying production lines to make the work area more concentrated, the manufacturer was able to assign two lines to each operator instead of one, reducing labour costs by about 40 per cent. Done right, a fast-lean initiative can light a fire under a lean program that has stalled at an early stage. That new momentum enables employees and helps the lean program become self-sustaining. A fastlean effort can generate major savings, which can be enough to fund a larger lean transformation throughout the company. There’s nothing more invigorating to an organisation than fast performance improvements that people can see and touch—and that hit the bottom line.
Advanced Levers
Many smart, experienced managers have implemented lean programs that get past the
basics. Even then, however, it is easy to stagnate. The needle keeps moving in the right direction, but not as fast as it ought to. Sometimes it stops moving altogether. Sometimes managers mistakenly think that they’ve gotten everything possible out of the program. A central concept of lean is maximising cross-functional coordination and cooperation, and this is what even those companies that have done everything right in applying lean techniques have the most difficulty achieving. We’ve found that moving to an advanced stage of lean development requires turning the organisation’s focus to a set of advanced tools. • Sales and Operations Planning. The purpose of S&OP is to improve the alignment between supply and demand across an organisation by better coordinating forecasting, new-product introduction, promotions, and other functions with production planning and inventory and supplier management. Effective S&OP helps clarify responsibility for decisions on both sides of the supply and demand equation. In many organisations, when S&OP programs are evaluated closely, we find that the level of preparation is limited, communication is at a high level only, and accountabilities
Done right, a fast-lean initiative can light a fire under a lean program that has stalled at an early stage. The new momentum enables employees and helps the lean program become self-sustaining 28
september 2012 | industry 2.0 - technology management for decision-makers
are missing. The company’s leaders want to believe that cross-functional alignment is occurring, but often the reality is merely a set of ineffective meetings and continued suboptimal performance. Because of poor S&OP coordination, one drug maker had significant back orders, inventory write-offs, late shipments, and lost sales. A rigorous S&OP redesign, employed correctly and given time to flourish, produced a 2.5 to 5 per cent improvement in gross margins. • Product Segmentation and Production and Inventory Strategy. Many companies treat all products the same way when it comes to production and inventory strategy. Dramatic improvements can be achieved by taking a differentiated approach to product groups. Products can be categorised according to specific characteristics, such as technical manufacturing and packaging requirements (machine and process elements) and production demand characteristics (high or low volume, stable or less predictable demand patterns, manufacturing cost, and inventory carrying cost). Companies that understand their portfolio of products and design strategies for each product segment in a plant can achieve more stable production schedules, allowing for improved optimisation of materials, inventory, labour, and assets. We worked with a global pharmaceutical company that had a long-standing difficulty meeting its production targets within a five-day work week, resulting in unplanned overtime and premium freight
www.industry20.com
costs. Through better alignment of production and inventory strategies with specific product segments, the company was able to improve productivity by 20 per cent, eliminating premium freight charges while improving customer service. • Bill of Process. BOP is a systematic approach to optimising production processes and achieving common manufacturing methods. Similar to the standards set by a bill of materials, BOP focusses on a common set of processes with the goal of creating a shared approach across similar lines or across plants producing the same products. Thus, BOP is closely linked to the product design process. The first step in developing an effective BOP is ‘commonising’ the high-level process sequence. For an automotive manufacturer, this would be the order of key process steps in vehicle fabrication and assembly, such as when and how the doors are installed, the instrument panel inserted, and the engine married to the vehicle. Next comes the commonising of each process step within the high-level process and all its work elements—for example, the type of equipment used to marry the engine to the vehicle, the attachment points and tooling used, and the standard labour required. The final step is to leverage common practices across multiple process steps. Best practices such as using bins to ‘pre-kit’ parts that travel inside the vehicle in order to reduce operator movement can be applied widely across assembly operations, resulting in a shared
www.industry20.com
discipline across lines and plants alike. Establishing a common BOP can provide benefits such as leveraging existing production networks and improving flexibility. For one industrial-goods client we worked with, the benefits included productivity savings on conversion costs of 5 to 10 per cent, internal and external quality improvements of 5 to 10 per cent, and capital expenditure savings (stemming from reuse and bundling) of 10 to 15 per cent.
Exploiting the Potential
There is often much unrealised potential in even a successful lean program, and significant
• Are best practices identified in individual areas but then not effectively leveraged across the organisation? • Is S&OP frequently misaligned or is a current program ineffective? • Are all products subject to the same production and inventory strategy? • Has the company really succeeded in creating a sustainable culture of continuous improvement? Managers today are working in a cash-strapped and resource-starved environment. The macroeconomic forces that lie behind that environment are likely to only intensify over the near term. We’ve found that in
Similar to the standards set by a bill of materials, BOP focusses on a common set of processes with the goal of creating a shared approach across similar lines or across plants producing the same products opportunities for companies willing to tackle the challenges of cross-functional alignment. For managers considering whether to embark on this journey, we suggest asking the following questions: • Is the production system operating to expectations, consistently and effectively across all plants in the network, or is a recommitment to the basics warranted? • Has the company improved productivity but remained dependent on capital expenditures to hit improvement targets?
many companies, an existing lean program—whether relatively basic or advanced—is an underdeveloped resource. But tools exist to unlock its potential and deliver big value without a large expenditure. It is important that companies take advantage of them. Dave Ryeson is a principal in the Detroit office of BCG. Michael Zinser is a partner and managing director is in the Chicago office. Pierre Derieux is senior partner and managing director in BCG’s Paris office. Reprinted with permission. Copyright The Boston Consulting Group, Inc. 2011.
industry 2.0 - technology management for decision-makers | september 2012
29
opinion year ago, we concluded a global poll which comprised about 20 per cent C-suite executives, 20 per cent vice presidents and 60 per cent office professionals with a sample size of just over 1,000 respondents. In this poll, we found out, the five most underrated leadership skills. Here are the five skills: negotiating skills, managing expectations and performance, creating a winning culture at work, winning buy-in, and strategy implementation. In 2011, the ‘winner’ by far was ‘Creating a Winning Culture at Work’. This had over 50 per
lies in to keep doing what we are good at. Time and history have shown that whenever we try to extend our brands and buy into a business we don’t truly understand, we take huge risks, and often fail. By being great at what we do, we keep winning, and a winning team has the confidence to know what it takes to secure the next contract, or agreement. In reality, many organisations that succeed at winning soon, forget to remind themselves what they did in the past that helped them succeed. They also need to keep celebrating what brought them to their present apogee or pinnacle of success—
Sustaining a Culture Creating a win-win situation at work can drive growth and development in the organisation By David Lim
Illustration by Charu Dwivedi
cent of the votes. Around the same time this year, we ran exactly the same poll, albeit with a reduced base of respondents. We found that the winner, by a significant margin once again, was ‘Creating a Winning Culture at Work’. In a previous article, I explored three key points as to why a ‘winning culture’ could drive workplace results, and three reasons to create one. So, how do we now sustain the culture we have (hopefully) assiduously been cultivating? The secret
32
so the issue of ‘celebration’ is still the key one. What else? If you have been watching the Olympic or professional team events, you will notice how team managers often insert a key culture champion in the team at a key moment or from the onset. Think of the influence of Usain Bolt on the Jamaican sprint relay team that brought them gold medals and record timings. Think further back, as to the influence of Tenzing Norgay on his team of Darjeeling sherpas in 1953. As the most experienced high-altitude mountaineer of the expedition he was widely seen as the ‘leader’ of
september 2012 | industry 2.0 - technology management for decision-makers
a key part of the whole machinery that eventually won the summit of Mt Everest that year. At the start of the expedition in Nepal, they were slighted in Kathmandu by the British High Commissioner, who made the whole sherpa contingent take quarters in the stables, while the British Commonwealth members made do in the much more salubrious diplomatic quarters. The sherpas, to show their displeasure, lined up against a wall nearby and emptied their bladders in full view of the rest of the expedition. John Hunt, the expedition leader never forgot this letdown, and worked hard shortly afterwards in forging a team on the mountain that was united. This made Norgay a full and equal member of the team. Sustaining a winning culture involves engaging with your culture champions, and acknowledging their contributions. You will also notice that this has been widely recognised as a key performance motivator in younger workers, or Gen Y, as they are sometimes called. Last but not the least, sustaining engagement demands high quality listening. By listening, you will be able to not only engage champions and the rest of the team, but also calibrate your own leadership style and pace. I like Doug Larson’s take on this when he said, “Wisdom is the reward you get for a lifetime of listening when you’d have preferred to talk.” So, keep doing what you are good at, engage and use your culture champions tirelessly, and listen attentively. These simple actions will help your organisation sustain a winning culture. David Lim is a leadership and negotiation coach, best selling author and two-time Mt Everest expedition leader. He can be reached at david@everestmotivation.com
www.industry20.com
Sustainable Production: Your Opportunity to Turn Challenges into Advantages. Progressive manufacturers understand that implementing sustainability improvements to their processes now better prepares them to differentiate from their competition, meet and exceed regulatory requirements, and glean the rewards of a premium brand as the economy improves. As a leading provider of industrial automation, power, control and information solutions, we help manufacturers in a wide range of industries improve their sustainable production performance. Find out more at www.rockwellautomation.com/solutions/sustainability/
Information Technology
Godrej Goes
Virtual
M
umbai-baseGodrej Consumer Products Limited (GCPL) has increased its global footprint by acquiring a slew of companies in emerging markets in West Africa, Indonesia, Argentina, United Kingdom, South Africa and the Middle East. The company now owns Going Virtual international brands and trademarks in Latin America, Europe, l GCPL IT set Australia, Canada, Africa and the up a test and development Middle East. SAP environAbout a year ago, GCPL ment for encountered numerous chalArgentina lenges with the physical IT l The big benefit infrastructure in the Mumbai of virtualised datacentre. The facility had infrastruc39 physical servers, with each ture—abilserver hosting a database or an ity to roll out application. The server utilisavirtual servers tion was low, and the costs of quickly
34
When global acquisitions put IT infrastructure under strain, Godrej Consumer Products employed virtualisation technology to meet its needs
maintenance, power and cooling were adding up. GCPL’s entire business of manufacturing, sales, and distribution was served by SAP R3 applications running on these physical servers. The load on some servers was increasing after the expansion drive. Further, GCPL also needed a robust ICT infrastructure to support facilities in new countries where the businesses were being acquired. Two other developments were also putting pressure on the ICT facility of GCPL. The first was an upgrade from SAP R3 to SAP ECC6.0. The other was an implementation of SAP for the Argentina entity. The IT team realised that it would be difficult as well as time consuming to activate the new roll outs, and perform the upgrades of the physical
september 2012 | industry 2.0 - technology management for decision-makers
infrastructure. So, the IT team started evaluating virtualisation to mitigate these challenges. One of the primary reasons for virtualisation was reduce server sprawl, and improve utilisation of server resources. “We were aware of the benefits of virtualisation. Our concern was ensuring high availability, flexibility, and scalability of the virtualisation solution,” says Dinesh Chandra Gupta, DGM IT at GCPL. The IT team at GCPL set up a test and development SAP environment for the Argentina entity. It took them only a week to complete this setup in a virtual environment. A similar set up on physical infrastructure would have taken four to five weeks. The success of the test SAP environment gave GCPL the confidence to deploy SAP in a
www.industry20.com
virtualised environment for the Argentina business. The biggest benefit of the virtualised infrastructure was the ability to roll out new virtual servers quickly. Interestingly, GCPL had planned to host only four SAP virtual machines on two physical servers. However, the team discovered that it was possible to configure eight virtual machines on the same infrastructure. For the deployment, GCPL worked with HP and Galaxy as implementation partners. Most of the business critical applications including various modules of SAP such as Document Management System (DMS), Warehouse Management System (WMS), MDO, SAP GRC servers, and XI servers for production, QA and development environment were virtualised. The GCPL IT team consolidated the physical servers at the Mumbai datacentre using VMware’s vSphere.
The new implementation eliminated server sprawl, reduced power, cooling, and maintenance costs while improving server utilisation. VMware vCentre enabled GCPL to easily manage servers from a central point. “We started reaping benefits from the moment we deployed virtualisation at our facility. A budget of Rs 60 lakh was allocated for the first phase. But, we completed the entire project in just Rs 12 lakh,” says an elated Gupta. By moving to a virtualised infrastructure, GCPL has considerably reduced the operating cost. GCPL’s new servers need only 1200W of power per hour. Earlier the consumption rate was 4800W per hour for the eight older servers. As a result, the operational cost of the ICT infrastructure was reduced by 75 per cent. The organisation has also automated the daily opera-
tions of the IT environment, and reduced the dependence on people. This has further improved the operational cost. From being a people dependent organisation, GCPL is now more policy dependent. Now GCPL runs 16 business critical applications on two virtualised servers, instead of earlier requirement of one server per application. “Earlier, if we needed test servers with 4 GB RAM and a 250 GB hard disk, we had to seek various approvals. This was a lengthy and time consuming process. Now an administrator can easily allocate CPU and server space without any hassles,” said a delighted Gupta. GCPL is currently in the process of implementing DR for the complete group on VMware vSphere Enterprise Plus platform. The company also plans to set up a virtual private cloud with autoprovisioning facility.
Information Technology
Using
DATA
for
Decisions Organisations are discovering the strategic benefit of business analytics, and have started deploying the technology for managing key functions By Varun Aggarwal
36
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
B
ad decision-making can often be attributed to lack of information, or the improper use of available data. The problem is compounded by the fact that enterprise information systems that are built to handle day-to-day operations do not automatically produce one version of the truth. Nor do they deliver analysis and insight, especially when the systems have been cobbled together in a patchwork of legacy technologies. A large company may often spend a lot of money on a data warehousing solution and then go on to spend even more on manual number crunching to extract further useful guidance from them. Companies that have mastered the art of business intelligence (BI) realise that well planned and executed business intelligence and data warehousing solutions can not only save money, but also aid decision making. In a global survey conducted by Gartner, the top business priority for both Indian and global CIOs was “increasing enterprise growth”. To achieve this growth, CIOs identified business intelligence and analytics as the top technology priority for 2012. KN Swaminathan, GM-IS for TVS Motors says, “There is a mountain of data generated by various ERP implementations. Added to this is the information available on the web, social websites, etc. I need a solution that can help me manage this deluge intelligently, create a quick summary and convert it into meaningful information to give my top management in real time.” The answer, Swaminathan thinks, is in a BI solution. The Indian market for BI software is expected to reach $81.5 million in 2012—a 15.6 per cent increase over 2011—according to Gartner. The company’s analysts
www.industry20.com
believe that BI platforms will remain one of the fastest growing software markets despite the economic slowdown. “The BI market has remained strong because the dominant vendors continue to put BI, analytics and performance management at the centre of their messaging, while end-user organisations largely continue their BI projects, hoping that resulting transparency and insight will enable them to cut costs and improve productivity and agility down the line,” explains Bhavish Sood, Research Director at Gartner. “It’s a sign of the strategic importance of BI that investment remains strong.” Gartner has identified three major demand-side factors that will expand use and drive the use of BI platforms. These are: 1. Consumerisation of BI: BI tools must be simple, mobile and ‘fun’ in order to expand use and value. Business users are
“With the help of analytics, senior management is able to get an integrated view of the entire organisation in real time” –Sailesh Joshi, Group CIO, Godrej Industries
demanding the same experience from their BI tools that they have come to enjoy with their personal tools. The need for more intuitive and interactive BI tools and applications extends to users on the go, but the vast majority of organisations have yet to embrace mobile BI. This is set to change very quickly with the proliferation of Apple’s iPhone and iPad products. Shailesh Joshi, Group CIO, Godrej Industries is already seeing this trend in his own company. “After our successful implementation of analytics in two of the group companies, we are extending it to all group organisations. Now, senior management is able to see an integrated view of the organisation in real time, as soon as they reach office.” “This report compilation used to take days in the past. We’ll be making the dashboards available on iPads for senior management so that they have a clear view of sales, marketing, project status etc while travelling to work itself,” Joshi adds. TVS’s Swaminathan says, “Consumerisation of BI is possible, if BI can tell people what they do not know—based on the underlying data.” 2. Extreme Data Performance: Capabilities that enable the analysis of large, volatile and diverse data will open up possibilities for a broad range of new, highvalue BI applications and will be another driver of BI growth. This includes in-memory technology, social and content analytics. Combining these capabilities with support for extremely large data volumes and consumer-oriented tools opens up possibilities for a broad range of new, high-value BI applications. Navin Fluorine International Limited (NFIL), a Mumbaibased fluorochemicals company, deployed BusinessObjects’ BI tool in less than seven months. The
industry 2.0 - technology management for decision-makers | september 2012
37
Information Technology company has created 136 business intelligence (BI) reports and 25 dashboards for use by senior management, covering raw material costs, production costs, sales, collections, and more. And all this was driven by the top management. The company was already using SAP, and this implementation was an extension. “The biggest beneficiary was senior management, who can now manage the day-to-day business operations through dashboards and automated reports. Managers can easily monitor daily sales, compare them with last year’s sales, and view a detailed breakdown of sales by customer or product,” explains Seshadri V, General Manager-IT for Navin Fluorine. 3. BI as a Decision Platform: Gartner’s user surveys show that ‘improved decision-making’ is the top driver of BI purchases. Capabilities that will evolve BI from an information delivery system to a decision platform have the potential to increase the value of BI, and drive growth. Joshi explains how improved decisionmaking was the key focus of his company’s BI implementation rather than just RoI. “Earlier top management used to get multiple departmental reports. No single view of the organisation
“Solution providers take a lot of time to understand the requirements and create a solution”
–KN Swaminathan GM-IS, TVS Motors
was available. Effective decisionmaking was a challenge. Now, first thing in the morning you get access to the entire organisation’s health. We’ve moved from weekly reporting to real-time reporting using role-based dashboards,” says Joshi.
Getting it Right
Business intelligence is not just a tool but a massive exercise for
Common Mistakes in BI 1. Going Big Bang: You may underestimate challenges. It’s always better to start with a limited scope pilot, and then scale it up 2. Expecting Clean Data: There is nothing like a clean data. So make sure that the project works with less than perfect data 3. Competing with Excel: Many warriors have fallen flat trying to kill Excel. Try to make Excel an important part of your BI landscape rather than competing against it 4. Inability to Find Takers: Without the champions and early adopters, BI projects cannot be sustained 5. Believing Vendor Promises: Instead of experimenting with the tools and your own data, understand the infrastructure requirements properly. Just going by the size of data may not be enough 6. Change Management: BI projects succeed where the organisation has a data culture. If your organisation does not have one, create it first.
38
september 2012 | industry 2.0 - technology management for decision-makers
an enterprise. Therefore, before embarking on the journey it is important for an organisation to understand what value it wants to derive from the implementation. This is important, because if only a certain department needs business intelligence, the enterprise could opt for a function-specific solution rather than a generic organisationwide implementation. Once the solution is selected, the enterprise needs to identify the sources of data. “Make sure you know where your structured and unstructured data that holds business value resides. This data can be in databases, file servers, social media and individual computers. Lack of visibility into data sources will render all BI efforts useless,” opines Nishchal Khorana, HeadConsulting, ICT Practice, Frost & Sullivan, South Asia & Middle East. The next step is to make sure that the data sources are integrated so that the BI tool can easily fetch the data. Before going in for a BI solution, Godrej Industries standardised and integrated its IT infrastructure across the group. “For any BI deployment to work effectively, it should be able to access data from various sources. After integrating our IT systems, our reporting is more granular and we are able to derive better analysis,” Joshi says. Finally, a BI implementation can only be successful if there is user acceptance. According to Joshi, “Making users shift from Excel sheets to a BI tool can be extremely challenging. It is therefore important to take a top-down approach. We were able to convince our top management to start using BI tools instead of Excel sheets. After they realised the benefits, we saw a trickle-down effect in the
www.industry20.com
Delta is proud to present to you our Hybrid Energy Saving System that provides outstanding energy saving results for the injection molding machine operation. It uses a high performance Delta AC motor drive with pressure sensor and rotary encoder to perform closed loop control. It also responds instantly to host controller commands and outputs precise pressure and flow control. When the oil pump is at the unloading operation or pressure holding stage, the servo motor operates at an extremely low speed for energy saving purposes. With the help of a servo motor to eliminate the energy loss problem during the high pressure throttle process and an internal gear pump to minimize flow leakage, this system attains excellent energy saving results. The Delta Hybrid Energy Saving System helps to lower the heat temperatures of the injection molding operation and benefit the customer with a lower specification requirement for the heat dissipation system. General electrical consumption of any injection molding machine are: · Hydraulic system consumption ( 75 – 80 ) % · Heater consumption ( 10 – 15 ) % · Cooling system consumption ( 5 – 10 ) % · Control component consumption ( 1 – 5 ) %
www.deltaelectronicsindia.com
Information Technology Analysts have clearly seen a positive growth curve for BI, as customers do shift from measurement to analysis, forecasting and optimisation. Gartner predicts that OLAP usage will increase entire organisation.” Vendors also play an important role in getting started on a right note. According to Swaminathan, the main reason for the slow adoption of BI is the lack of a proper tool from any vendor which can be configured and implemented immediately. “All solution providers want to take their own time to understand requirement, create a solution, etc, while the users demand quick a solution which can be implemented in a week’s time, and can be enhanced with ease and speed,” he said.
Road Ahead
Analysts have clearly seen a positive growth curve for BI, as customers do shift from measurement to analysis, forecasting and optimisation. Going ahead, Gartner predicts that interactive visualisation, predictive analysis, dashboards and online analytical processing (OLAP) usage will increase, with data discovery platforms also earning the highest ease of use and complexity of analysis scores. Vendors and CIOs agree that there would be increased proliferation of interactive visualisation tools,
more integrated data mining and packaged analytic applications that encapsulate the complexity of using sophisticated BI analysis tools from business users. CIOs are in agreement with Gartner’s predictions in terms of working out ways to absorb BI more aggressively. For instance, Joshi plans to expand the Godrej Industries’ BI footprint to cover all major business functions across the group companies. The group is already in the process of providing drill-down dashboards to senior management on their iPads. James Kaplan is a principal in McKinsey’s New York office, Naufal Khan is an associate principal in the Chicago office, and Roger Roberts is a principal in the Silicon Valley office. This article was originally published in McKinsey Quarterly, www.mckinseyquarterly.com. Copyright (c) 2012 McKinsey & Company. All rights reserved. Reprinted by permission.
sector update
Quenching Thirst The bottled water industry is giving Indians a taste for nature’s most satisfying thirst quencher, sourced from natural springs and the Himalayas By Charu Bahri
C
hanging lifestyle needs of upwardly mobile middle-class Indians with large disposable incomes is inducing them to consume increasing quantities of bottled water. Ikon Marketing Consultants pegs the Indian bottled water market at Rs 6,478.8 crore for 2011. Sales have been notching double digit growth in recent years, and are expected to maintain this pace of expansion in the next decade. “Market growth will continue to be uneven across the country. Growth is highly dependent on water scarcity in specific regions and the ability of the consumers to pay,” observes Taruna Sondarva, Senior Consultant at Ikon. She cites the south region as dominating the bottled water market, accounting for over half of the total demand. According to Tamojit Roy, Manager, Business Research, Netscribes, a market research firm, “While consumption varies across regions and is primarily linked to prosperity
42
september 2012 | industry 2.0 - technology management for decision-makers
levels, south India takes the lead in production and retail sales. Not only do half of retail sales happen there but also almost half of all the bottling plants are located in the south. Tamil Nadu and Andhra Pradesh account for about one-quarter and onefifth of the total retail market, while Gujarat in the western region contributes 14 per cent of the total retail sales.” Chennai is the biggest city market for packaged water. Attractive rates of return, low-entry barriers and the huge market potential are drawing more players to the sector. The three companies ruling the regular bottled water segment are Parle with Bisleri, Pepsico India Holdings with Aquafina, and Coca Cola India with Kinley. These, and a host of emerging brands, are jostling for a bigger share of the water pie. Roy says that handful of top brands account for more than 85 per cent of the market. A handful of players are eyeing a bigger share of the up-market segment that promises higher margins. “Changing lifestyles and increasing disposable income are fuelling demand for packaged enhanced beverages such as flavoured water, nutrient water, mineral-enriched water, etc,” says Kamlesh Sharma, General Manager, Public Affairs & Communication, Coca Cola India. This segment includes status products like imported hydration brands like Evian and Perrier (brought to India by the Narang Group), and Indian mineral and spring water brands bottled at source in the Himalayas without additional treatment. Mineral water accounts for about one-tenth of the packaged water market and is growing fast. Well-known brands in this segment include Oxyrich from Manikchand, and mineral water brands Golden Eagle and Kingfisher from Mohan Meakins and United Breweries respectively.
www.industry20.com
Sales of packaged mineral water are largely driven by brand image. This tilts the playing field in favour of large companies and multinational corporations with deep pockets to fund brand-building marketing activities. According to Roy, “Larger players are also better positioned to create a wide distribution network.” Strong distribution can push the higher-priced product to consumers patronising fine dining establishments and five-star hotels that are loathe to store a bulky and comparatively lowcost product like water. The industry is witnessing a bevy of innovative product launches. Mountain Spring, a company set up by Seabuckthorn Indage, is offering mineral soda water and multivitamin water in a range of flavours. NourishCo Beverages, a joint venture between PepsiCo and Tata Global Beverages has come out with non-carbonated hydration solutions tailored for the Indian populace. The company portfolio includes three products targeting not only the top but also the bottom end of the water consumer pyramid. Tata Gluco Plus, a glucose-based drink in an affordable cup format, is based on the premise
earlier this year, AquaSure, has been launched in 20-litre and one-litre bottles. A forerunner of direct selling in India, this company has opted for the franchise route, with each franchise making a small investment towards the purification and bottling set up. Since distribution is vital to success, innovative measures to improve these networks are topmost priority. Seabuckthorn Indage, the company behind Mountain Spring, has tied up with Café Coffee Day for co-branding to enhance its distribution network expansion. This measure alone has given them access to 1,200 outlets across the country. In contrast, market leader Bisleri has the muscle to implement standalone initiatives. It has launched Bisleri hubs to drive consumption in cities, by bringing local stationery shops and dairies into the loop to exclusively sell Bisleri water, while supporting delivery by providing vehicles like tricycles. Exclusive Bisleri Shoppes are another means to help preserve margins and experiment with value added new products like Bisleri ice cubes. Success in the bottled water sector is also tied to right stock-keeping units (SKUs). The most com-
Indian bottled water is now being exported to EU, the USA and Australia under brand Mulshi Springs Bottled water now comes in innovative variants like mineral soda and multivitamin
Packaged mineral water is brand image driven, the brand perceived as the indicator of quality. This tilts the field in favour of large homegrown companies and multinational corporations with deep pockets to fund brand-building activities that mass market consumers will not pay extra for a product as elementary as water, but would be willing to shell out a premium for extra functionality. Recently, the JV introduced Tata Water Plus, India’s first water containing essential micronutrients, in two variants. The winning strategies of market leaders include a strong focus on geographical diversification and distribution, enhancing warehousing capacity, improving the supply chain, and putting out varied packaging formats. In recent years, Bisleri has expanded its footprint to 52 bottling units across the country. The wider manufacturing network is helping the company cut logistics costs and compete with regional bottlers. Bisleri is also making big gains by implementing an efficient direct distribution system, wherein bulk packages are delivered at the consumer’s doorstep. The direct distribution is being facilitated by the company’s fleet of 2,500 vans that operate out of warehouses, a field force numbering 2,500 and a 600-strong management team. Eureka Forbes’ new brand to hit the market
www.industry20.com
mon rack sizes are 200 ml, 500 ml, 750 ml, one and two-litre bottles. Bisleri’s large portfolio of bottle sizes gives it a competitive edge. Its smallest 250 ml pack is tagged for consumption on-the-go and the mega 20-litre pack is for home consumption. And it never lets up on innovations in packaging. When the 20-litre pack was found to be too bulky for home deliveries, the company mulled adding a 15-litre pack—replete with a rocking base to allow the bottle to be tilted while pouring. In a first of sorts, Luthra Water Systems, which bottles natural spring under brand Mulshi Springs, has taken Indian water overseas. Mulshi Springs has been certified for import in the EU, USA and Australia. Pilot sales in Paris have posted an encouraging response. Next, the company will begin commercial exports of the high-end glass bottle version of Mulshi Springs to Europe and the United States. The company is eyeing sales of close to Rs 50.3 crore in the first year itself from the European market alone.
industry 2.0 - technology management for decision-makers | september 2012
43
sector update
No Interruptions Powered by rising demand, new technologies and widening applications, the power backup industry is on a roll By Sangita Thakur Varma
T
he power backup market in India is estimated to be worth around Rs 3,600 crore and has registered a growth of around nine per cent over 2011. With India’s economy growing at a brisk pace, the demand for alternate or backup power solutions is expected to witness a healthy growth in the coming years,” says Jaybalan Velayudhan, Director Strategy & Business Development, IT Business, APC. In current financial year 201112, the projected energy shortfall, as per the Central Electricity Authority (CEA), is 10.3 per cent. Netscribes, a global enterprise marketing research firm puts the
44
loss due to power disruption at almost one per cent of GDP every year, but happily enough, the backup industry supplies enough alternate power “to fulfil the demand gap in the commercial sector,” they say. This emphasises the crucial role that power backup sector plays in keeping India’s growth from flagging. The backup power sector is still largely dominated by the UPS market. Pratik Chube, Country General Manager, Products & Marketing, Emerson Network Power in India, says “In India,
september 2012 | industry 2.0 - technology management for decision-makers
the UPS segment is still considered the barometer of the power backup sector’s performance due to greater volumes generated therein.” He estimates the total UPS market size to be almost Rs 3,100 crore! The market is expected to grow at a CAGR of around seven to nine per cent in the next few years to reach Rs 4,629.6 crore in revenues, according to a recent Frost and Sullivan report.
www.industry20.com
RUN
like never before.
If you could do anything with your business, what would you do with it? Where would you run with it? Whatever your vision is, SAP can help you make it real. Accelerate change. Seize opportunity wherever and whenever you find it. Unlock insights instantly. From fine-tuning your business to transforming it entirely, SAP can help you run in entirely new ways.
© 2012 SAP AG. SAP and the SAP logo are trademarks and registered trademarks of SAP AG in Germany and several other countries.
Run like never before at sap.com/runbetter
RUN BETTER.
sector update In an IT-dependent econony the power backup is now being delivered by a much wider range of solutions Green or hybrid backup power with alternative energy fuelled telecom towers is a big trend in the industry
With increasing IT spends of enterprises in an IT-dependent economy, “the need for power backup has essentially transformed into optimisation of operational expenditures, being delivered by a much wider range of solutions,” says Chube. “Steady demand from across industries and verticals including process and industrial automation, marine, infrastructure, retail, manufacturing, oil & gas and many others have contributed to the growth of the backup sector,” explains Velayudhan. In India, the power backup products complement the PC desktop and server market, which is still
number of unorganised players at the low end without the expertise to provide end-to-end solutions are manufacturing cheaper products and selling them to unsuspecting customers.” Velayudhan of APC seconds this view. “The low-end market is highly fragmented, primarily owing to the low-entry barriers. In our estimate, there are more than 500 brands of entry level UPS systems, currently operating in India.” According to Frost and Sullivan, the competitiveness in the market is intensifying, with barriers to entry, especially in the up to 20 kVA power range coming
“We expect customers to focus on remote management in the 8-40 kVA space”
Jaybalan Velayudhan, Director, Strategy & Business Development, APC
“The growth in India is much higher pitched at around 10-12%”
Pratik Chube, Country GM, Products and Marketing, Emerson Network Power, India growing at an annual rate of five to six per cent. The power backup market comprises national, regional and local players, both in the branded and unbranded segments. There are more than 250 to 300 suppliers of UPS products. According to a Frost & Sullivan report, the top brands make up 60 per cent share of the market, while local brands have the remainder. Chube remarks that “a large
46
down. The biggest challenges faced by UPS manufacturers are cheap imports from China and Taiwan, as well as rising raw material prices. But industry players are not worried. “Over time, partners have understood the flaws associated with the Chinese and Taiwanese imports,” says Velayudhan. Branded players are also benefitting from the rising consciousness amongst users. “There is a high rate of conversion towards branded solutions,” says Chube. Velayudhan adds, “Consumers can differentiate between the upfront cost value and the long-term TCO (total cost of ownership) equation.” Since the industry is in the nascent phase, it mainly relies on imported components and raw materials. Industry leaders like Emerson Network Power have set-up their own manufacturing facilities. “Investment in
september 2012 | industry 2.0 - technology management for decision-makers
local manufacturing that can fulfil domestic needs and also create opportunities for export of locally manufactured goods has enormous economic benefits for the Indian industry,” says Chube. APC has global manufacturing plants based in Bangalore and Uttaranchal. The Bangalore facilities are export oriented units (EOUs), and 90 per cent of the production is exported. The Uttaranchal plant caters to the local Indian market. Efficiency, that is maximum power backup with the smallest carbon footprint, is emerging as an important determinant in the sector. “The future of backup sector and especially the UPS segment is a function of the load,” says Chube. With the form factor of high density computing reducing, backup power solutions are expected to follow suit. The increase in power density and rise in power tariffs will compel users to look at efficiency of the UPS as a prerequisite. “Efficiency (> 94%) will become the standard norm,” says Chube and solutions will have to deliver “efficiency without compromise”. Smart controls would drive the industry ahead. “We expect customers to focus on remote management in the coming times in the 8 to 40 kVA space,” adds Velayudhan. Green or hybrid power backup is another trend that the players are betting big on. Telecom players are placing a major emphasis on alternative energy fuelled telecom towers (mainly solar) to save running costs. Vishwesh Palekar, Business Head, Cleantech Ventures of Mahindra & Mahindra, says: “The National Solar Mission has set a target of 20 MW by 2022, and about 3 GW of wind power is deployed every year. This is making green power backup competitive when compared to diesel gensets.”
www.industry20.com
Manufacturing companies Each year Industry 2.0 analyses the performance of the nation’s largest and most profitable manufacturing companies. In the 10th annual report on the Top 500 large manufacturing companies, we look at how organizations performed during the 2010-11 financial year. This year, our report also brings you an analysis of manufacturing expenses. Data analysis by Aman Shukla, Research Manager, 9.9 Media Design by Charu Dwivedi & Sameer Kishore
Methodology 48
Top 500 Companies 50
Sectoral Ranking 96
Manufacturing Expenses 104
TOP 500 RANKINGS Process The rankings of the large manufacturing companies that are presented in this section have been derived through a detailed review and analysis of publicly available financial data to provide you with an insight into the performance of the Indian manufacturing industry.
T
he rankings of the large manufacturing companies that are presented in this section have been derived through a detailed review and analysis of publicly available financial data to provide you with an insight into the performance of the Indian manufacturing industry. Our process started with identifying the sectors that comprise the manufacturing industry in India. Subsequently, the CMIE Prowess database was used to obtain data on key performance financial indicators for all companies in the identified industrial sectors. The CMIE Prowess database contains detailed information on more than 10,000 manufacturing companies. The companies that were selected for our analysis needed to have financial data for the years 2009-10 and 2010-11. We then eliminated all companies with negative Profit after Tax (PAT) for the year 2010-11 from our list. All companies that did not have complete data for our analysis were also removed from the list. This resulted in a grand total of 1,749 manufacturing companies for this year’s ranking process.
48
Since the manufacturing industry has a diverse range of organizations, we divided the total list of 1,749 companies into two groups. Companies with net revenues equal to or more than Rs. 300 crore for the financial year 2010-11 were classified as ‘Top Manufacturing Companies’; while companies with net revenues less than Rs 300 crore and more than Rs 10 crore were grouped into ‘Top SMB Manufacturing Companies’. A total of 758 companies made it to the list of Top Manufacturing Companies, while the remaining 991 organizations were classified as Top SMB Manufacturing Companies (see Industry 2.0, September 2012, Volume 2). This volume has the analysis for the Top Manufacturing Companies.
About the Numbers All data used for the ranking of companies has been obtained from the CMIE Prowess database. Astute observers will discern that the numbers published in this volume are not an exact replica of the data from original sources. The explanation for this is simple. Data from original sources (like the annual accounts of companies) often lacks uniformity of meaning and scope. Definitions vary from company to company, and even from year to year. A meaningful analysis of the performance of companies or their comparisons with others can only be done if the data is re-stated, wherever necessary, to maintain consistency. This process of making data consistent is often termed as ‘normalisation’. The analysts at CMIE have developed a proprietary methodological framework to re-classify the information provided in the annual corporate statement of accounts. They clearly and
september 2012 | industry 2.0 - technology management for decision-makers
unambiguously define every financial parameter—and then re-classify the information from the corporate annual accounts to meet their definitions. Consequently, it is likely that the data obtained from CMIE Prowess, and published in this volume, is at variance from the original sources. Further, all data has been annualized to ensure consistency in analysis.
The Rankings The Industry 2.0 ranks for this year have been derived by comparing the performance of the selected companies across nine parameters (sales turnover, absolute increase in sales, percentage change in the sales turnover, net profit, increase in net profit, PAT/sales ratio, return on capital employed, and increase across two financial years). Scores for all parameters were assigned to each company based on the relative rank of an individual company (to the entire set) on that parameter. The composite scores for each company were then calculated as the sum of the scores obtained for each of the nine parameters. The companies were finally ranked on the composite score, with the lowest score securing the highest rank. This method offers the advantage of eliminating any subjectivity associated with assignment of weights to the parameters considered for ranking the performance of companies. The tables and charts on this page show the overall changes in the ranks. Top 5 New Entrants in List 1 Vardhman Textiles Ltd 2 Ranbaxy Laboratories Ltd
Current Rank 7 16
3 Wyeth Ltd
20
4 V E Commercial Vehicles Ltd
23
5 Sutlej Textiles & Inds Ltd
36
www.industry20.com
Distribution of Companies
Manufacturing Industry Overview*
Sector Auto
2010 5%
2011 3%
Categories Total companies
2009-10 2,297
2010-11 1,749
Change -24%
Automobile Ancillaries
6%
9%
Total Net Sales (Rs cr)
2,146,119
2,689,873
25%
Cement
4%
3%
Total PBDITA (Rs cr)
315,221
351,135
11%
Chemicals & Petroleum Products
10%
13%
Total PAT (Rs cr)
160,516
169,780
6%
Clothing & Textiles
7%
11%
ROCE (Median)
9
5
-47%
Cosmetics & Soaps
2%
2%
* Only companies forming a part of Industry 2.0’s Top 500 ranking.
Diversified Manufacturing
2%
3%
Electrical & Electronic Goods
4%
5%
Manufacturing Companies
Electrical Equipment
4%
3%
Food products
13%
10%
Parameter Total no of companies
2009-10 647
2010-11 726
Change 12.2%
Gems & Jewellery
3%
2%
Total Net Sales (Rs cr)
1,890,974
2,002,366
5.9%
Glass, Ceramics & Refractories
2%
2%
Average Net Sales (Rs cr)
Iron & Steel
11%
7%
Total PBDITA (cr)
Machinery & Equipment
4%
5%
Average PBDITA (cr)
351
405
15.5%
Metal Products
5%
6%
Total PAT (cr)
108,653
151,212
39.2%
Non-Ferrous Metals
2%
2%
Average PAT (cr)
168
208
24.0%
ROCE (Median)
10
10
-6.4%
2,923
2,758
-5.6%
227,036
294,360
29.7%
Non-metallic Mineral Products
1%
1%
Paper & Wood Products
2%
0%
Pharmaceuticals
8%
7%
Plastics & Polymers
3%
4%
Top 5 Rise in Rank 1 Welspun Steel Ltd
Rubber Products
2%
1%
2 Indian Metals & Ferro Alloys Ltd
689
2 J K Lakshmi Cement Ltd
661
Wires & Cables
1%
1%
3 Hindustan Gum & Chemicals Ltd
636
3 Lakshmi Energy & Foods Ltd
613
Wires and Cables
2%
1%
4 Nelcast Ltd
634
4 Shree Cement Ltd
603
5 Ester Industries Ltd
604
5 D C W Ltd
598
2,010,000 1,510,000
758
2010
2011
2012
500
2006
2007
2008 2009 Large Manufacturing
www.industry20.com
SMB
1,702,244
1,890,974
2,002,366
2,585,240 2012
991
180000 160000 140000 120000 100000 80000 60000 40000 20000 0
Total PAT (in Rs Crore)
2006
2007
2008
2009
Large Manufacturing
163466
726
500
2011
SMB
151212
647
500
2010
108653
644
500
2009
130986
1381
500
2008
115315
0
1351 500
2007
142119
500
1571
2006
Large Manufacturing
2000
1000
1,540,021
10,000
1,032,630
510,000
897,242
1,010,000
Total Companies
1500
Change in Rank 676
Total Sales (in Rs crore)
2,510,000
Industry 2.0 Ranked Companies Over the Years 2500
Top 5 Fall in Rank 1 Binani Cement Ltd
54669
Total companies: 758 (2010-11); 726 (2009-10)
Change in Rank 700
2010
2011
2012
SMB
industry 2.0 - technology management for decision-makers | september 2012
49
2.0 Top
Manufacturing Companies
2.0 Top
Manufacturing
2012 2011 Change
NET SALES (Rs Crore)
INDUSTRIAL ACTIVITY
INDUSTRY SECTOR
COMPANY
overall Rank
Companies
2009-10
2010-11
RS Crore
1
203
Jindal Poly Films Ltd
Plastics & Polymers
Biaxially oriented polypropylene
1,743.64
2,970.73
1,227.09
2
94
Bharat Heavy Electricals Ltd
Electrical Equipment
Prime movers
34,613.69
44,002.81
9,389.12
3
127
Matrix Laboratories Ltd
Pharmaceuticals
Drugs, medicines & allied products
1,894.30
2,877.73
983.43
4
495
Garware Polyester Ltd
Plastics & Polymers
Polyester film
329.56
943.02
613.46
5
342
Uflex Ltd
Plastics & Polymers
Flexible packaging materials
1,722.44
2,501.65
779.21
6
1
Bajaj Auto Ltd
Auto
Motorcycles
12,399.92
17,274.35
4,874.43
7
0
Vardhman Textiles Ltd
Clothing & Textiles
Cotton yarn
2,767.22
3,636.96
869.74
8
410
Bharat Forge Ltd
Automobile Ancillaries
Automobile ancillaries
1,933.70
3,078.34
1,144.64
9
252
Tata Steel Ltd
Iron & Steel
Finished Steel (Non-Alloy Steel)
26,757.60
31,901.94
5,144.34
10
710
Welspun Steel Ltd
Metal Products
Iron & steel
342.59
610.22
267.63
11
607
Gujarat State Fertilizers & Chemicals Ltd
Chemicals & Petroleum Products
Fertilisers
4,129.78
4,918.58
788.80
12
24
S R F Ltd
Clothing & Textiles
Textiles
2,092.96
3,204.44
1,111.48
13
702
Indian Metals & Ferro Alloys Ltd
Iron & Steel
Charge chrome
601.29
1,052.22
450.93
14
434
Jindal Steel & Power Ltd
Iron & Steel
Finished Steel (Non-Alloy Steel)
7,895.58
10,460.43
2,564.85
15
26
Biocon Ltd
Pharmaceuticals
Bio-tech base drugs
1,193.36
1,571.79
378.43
4,653.37
5,423.38
770.01
16
0
Ranbaxy Laboratories Ltd
Pharmaceuticals
Drugs, medicines & allied products
17
317
Bosch Ltd
Automobile Ancillaries
Automobile engine parts
5,107.55
7,149.69
2,042.14
18
486
National Aluminium Co Ltd
Non-Ferrous Metals
Aluminium, unwrought
5,420.11
6,482.65
1,062.54
19
623
Ester Industries Ltd
Plastics & Polymers
Polyester film
428.04
717.02
288.98
20
0
Wyeth Ltd
Pharmaceuticals
Drug formulations
294.40
653.11
358.71
21
161
Riddhi Siddhi Gluco Biols Ltd
Chemicals & Petroleum Products
Starches
761.70
1,030.56
268.86
22
10
I T C Ltd
Food Products
Cigarettes
26,399.63
30,633.57
4,233.94
23
0
V E Commercial Vehicles Ltd
Auto
Heavy commercial vehicles
2,677.59
4,195.08
1,517.49
24
217
Pfizer Ltd
Pharmaceuticals
Drug formulations
872.32
1,288.93
416.61
50
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
legend
Percentage
2009-10
2010-11
2009-10
70%
413.76
989.26
208.38
27%
8,801.76
13,292.63
52%
410.08
186%
PAT/NET SALES
RS Crore
Percentage
2009-10
2010-11
RS Crore
Percentage
2009-10
2010-1
592.66
384.28
184%
9.19
19.61
10.42
113%
12%
20%
4,310.64
6,011.20
1,700.56
39%
4.73
11.23
6.50
137%
12%
14%
721.55
213.83
465.72
251.89
118%
10.76
14.90
4.14
38%
11%
16%
60.54
275.59
25.37
188.45
163.08
643%
7.50
21.34
13.84
185%
8%
20%
45%
329.16
658.76
90.40
282.01
191.61
212%
3.71
10.86
7.15
193%
5%
11%
39%
2,568.42
4,598.33
1,700.11
3,339.73
1,639.62
96%
12.96
13.84
0.88
7%
14%
19%
31%
632.36
943.53
215.71
445.81
230.10
107%
7.44
12.70
5.26
71%
8%
12%
59%
479.54
770.38
127.09
310.83
183.74
145%
6.20
9.80
3.60
58%
7%
10%
19%
10,175.76
12,611.49
5,046.80
6,861.15
1,814.35
36%
17.93
20.60
2.67
15%
19%
22%
78%
55.51
733.98
23.12
514.39
491.27
2125%
6.20
39.67
33.47
540%
7%
84%
19%
598.03
1,292.19
254.47
749.37
494.90
194%
5.97
14.39
8.42
141%
6%
15%
53%
652.02
914.49
309.42
483.44
174.02
56%
12.63
14.25
1.62
13%
15%
15%
75%
142.27
349.61
41.01
165.44
124.43
303%
6.49
15.18
8.69
134%
7%
16%
32%
2,800.47
3,994.48
1,479.68
2,064.12
584.44
39%
18.11
19.10
0.99
5%
19%
20%
32%
361.38
609.06
248.36
459.25
210.89
85%
19.82
27.23
7.41
37%
21%
29%
17%
1,402.31
2,300.76
571.98
1,148.73
576.75
101%
8.07
13.07
5.00
62%
12%
21%
40%
1,143.91
1,487.23
590.65
859.27
268.62
45%
8.10
9.44
1.34
17%
12%
12%
20%
1,604.80
2,066.02
814.22
1,069.30
255.08
31%
13.55
15.67
2.12
16%
15%
16%
68%
67.06
226.41
27.87
129.47
101.60
365%
6.47
17.94
11.47
177%
7%
18%
122%
89.10
245.33
59.01
165.29
106.28
180%
19.29
24.19
4.90
25%
20%
25%
35%
122.63
259.27
39.22
164.49
125.27
319%
5.26
15.59
10.33
196%
5%
16%
16%
6,759.72
8,015.21
4,061.60
4,988.21
926.61
23%
14.98
15.81
0.83
6%
15%
16%
57%
216.73
407.93
94.93
259.54
164.61
173%
3.29
6.02
2.73
83%
4%
6%
48%
220.02
362.53
136.88
226.34
89.46
65%
14.14
15.69
1.55
11%
16%
18%
www.industry20.com
2010-11
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
CHANGE IN NET SALES
Meet the top performers of India who have scored big through innovative thinking, cost-optimisation strategies, intelligent marketing and quality products and services, and, of course, sheer hard work.
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
Industry 2.0 presents the Batch of 2011.
51
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
25
18
Lupin Ltd
Pharmaceuticals
Drug formulations
3,728.41
4,505.79
777.38
26
461
Atlas Copco (India) Ltd
Machinery & Equipment
Non-electrical machinery
1,319.98
1,759.41
439.43
27
661
Nelcast Ltd
Metal Products
Cast iron castings
346.86
557.47
210.61
28
7
Hindustan Zinc Ltd
Non-Ferrous Metals
Zinc
8,439.86
10,565.02
2,125.16
29
23
Nestle India Ltd
Food Products
Dairy products
5,232.59
6,382.78
1,150.19
30
534
Coromandel International Ltd
Chemicals & Petroleum Products
Ammonium phosphate
6,442.48
7,598.56
1,156.08
31
25
Motherson Sumi Systems Ltd
Automobile Ancillaries
Wiring harness & parts
1,872.77
3,096.92
1,224.15
32
270
Sintex Industries Ltd
Plastics & Polymers
Plastic products
2,103.56
2,718.74
615.18
33
478
Sun Pharmaceutical Inds Ltd
Pharmaceuticals
Drug formulations
1,868.65
2,004.64
135.99
34
37
Castrol India Ltd
Chemicals & Petroleum Products
Lube oils & lubricants
2,767.42
3,214.09
446.67
35
41
Titan Industries Ltd
Gems & Jewellery
Jewellery
4,798.65
6,703.99
1,905.34
36
0
Sutlej Textiles & Inds Ltd
Clothing & Textiles
Synthetic filament yarn
1,183.09
1,617.37
434.28
37
579
S K F India Ltd
Machinery & Equipment
Ball or roller bearings
1,689.12
2,208.85
519.73
38
0
Panacea Biotec Ltd
Pharmaceuticals
Vaccines
892.05
1,145.15
253.10
39
312
Sterlite Industries (India) Ltd
Non-Ferrous Metals
Copper
13,676.47
16,253.88
2,577.41
40
225
Bharat Electronics Ltd
Electrical & Electronic Goods
Professional recording equipment
5,240.60
5,554.85
314.25
41
4
Mahindra & Mahindra Ltd
Auto
Automobiles
20,396.12
25,569.55
5,173.43
42
290
Cummins India Ltd
Machinery & Equipment
Internal combustion engines
3,050.26
4,253.25
1,202.99
43
240
Ahmednagar Forgings Ltd
Metal Products
Forgings
655.91
935.74
279.83
44
0
Polyplex Corporation Ltd
Plastics & Polymers
Polyester film
258.43
973.93
715.50
45
608
Bhilai Engineering Corpn Ltd
Metal Products
Iron & steel
475.76
798.72
322.96
46
439
Glenmark Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
1,034.55
1,220.56
186.01
47
107
Godrej Consumer Products Ltd
Chemicals & Petroleum Products
Chemicals
1,301.58
2,514.37
1,212.79
48
0
National Engineering Inds Ltd
Machinery & Equipment
Ball or roller bearings
823.26
1,091.64
268.38
49
0
S I Group-India Ltd
Chemicals & Petroleum Products
Phenol
739.91
988.70
248.79
50
0
Wabco India Ltd
Automobile Ancillaries
Air brakes
657.33
980.70
323.37
51
537
F A G Bearings India Ltd
Machinery & Equipment
Ball or roller bearings
847.96
1,116.09
268.13
52
60
Bhushan Steel Ltd
Iron & Steel
Cold rolled coils, strips, sheets
6,003.07
7,576.29
1,573.22
53
0
Nahar Spinning Mills Ltd
Clothing & Textiles
Cotton & blended yarn
1,110.86
1,392.08
281.22
54
354
Opto Circuits (India) Ltd
Electrical & Electronic Goods
Other diodes & transitors
471.50
603.20
131.70
55
67
Glaxosmithkline Consumer Healthcare Ltd
Food Products
Malted milk foods
2,076.73
2,490.43
413.70
56
273
T V S Motor Co Ltd
Auto
Two wheelers
4,679.59
6,712.53
2,032.94
57
82
Reliance Industries Ltd
Chemicals & Petroleum Products
Petroleum products (Refineries)
200,399.79 258,651.15
58,251.36
58
532
Thermax Ltd
Machinery & Equipment
Non-electrical machinery
52
september 2012 | industry 2.0 - technology management for decision-makers
3,142.17
4,903.93
www.industry20.com
1,761.76
2009-10
2010-11
21%
829.00
959.28
648.93
33%
190.07
310.76
61%
24.29
25%
2010-11
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
RS Crore
Percentage
2009-10
2010-11
RS Crore
2009-10
2010-11 2010-1
809.98
161.05
25%
17.47
17.92
0.45
3%
17%
18%
84.75
165.73
80.98
96%
6.42
9.21
2.79
43%
6%
9%
146.54
6.89
86.90
80.01
1161%
1.99
12.59
10.60
533%
2%
16%
5,392.47
6,434.27
4,041.41
4,900.49
859.08
21%
44.08
42.84
-1.24
-3%
48%
46%
22%
1,061.97
1,293.58
655.00
818.66
163.66
25%
12.57
12.88
0.31
2%
13%
13%
18%
870.96
1,173.51
468.20
694.46
226.26
48%
6.79
7.98
1.19
18%
7%
9%
65%
386.88
511.37
178.47
287.49
109.02
61%
8.62
8.72
0.10
1%
10%
9%
29%
470.19
648.46
273.70
357.56
83.86
31%
12.73
13.12
0.39
3%
13%
13%
7%
1,062.50
1,520.35
898.65
1,383.80
485.15
54%
33.54
40.96
7.42
22%
48%
69%
16%
612.41
766.73
381.06
491.03
109.97
29%
14.12
15.13
1.01
7%
14%
15%
40%
448.54
669.97
250.32
430.42
180.10
72%
5.23
6.00
0.77
15%
5%
6%
37%
185.74
298.56
26.31
114.34
88.03
335%
1.53
6.69
5.16
337%
2%
7%
31%
173.37
301.54
94.25
177.02
82.77
88%
5.44
7.70
2.26
42%
6%
8%
28%
214.56
268.66
80.04
135.18
55.14
69%
6.89
11.26
4.37
63%
9%
12%
19%
1,421.13
2,335.52
824.13
1,419.71
595.58
72%
7.19
7.81
0.62
9%
6%
9%
6%
1,244.39
1,393.97
711.23
857.68
146.45
21%
11.85
13.35
1.50
13%
14%
15%
25%
3,425.40
4,006.23
2,087.75
2,662.10
574.35
28%
10.13
10.02
-0.11
-1%
10%
10%
39%
658.59
854.88
443.87
590.99
147.12
33%
13.84
13.17
-0.67
-5%
15%
14%
43%
176.31
248.68
64.09
108.16
44.07
69%
8.67
11.55
2.88
33%
10%
12%
277%
96.84
322.12
59.98
176.53
116.55
194%
17.48
17.26
-0.22
-1%
23%
18%
68%
65.80
176.01
16.88
69.00
52.12
309%
3.22
8.64
5.42
168%
4%
9%
18%
358.78
375.67
128.46
212.18
83.72
65%
11.67
16.41
4.74
41%
12%
17%
93%
316.59
569.43
248.12
434.95
186.83
75%
18.48
15.74
-2.74
-15%
19%
17%
33%
178.68
241.84
62.29
118.90
56.61
91%
7.50
10.51
3.01
40%
8%
11%
34%
101.07
175.15
41.21
100.35
59.14
144%
5.39
10.20
4.81
89%
6%
10%
49%
135.50
207.32
78.19
127.43
49.24
63%
11.97
12.95
0.98
8%
12%
13%
32%
120.58
214.13
65.54
121.50
55.96
85%
8.26
10.86
2.60
31%
8%
11%
26%
1,582.48
2,101.96
845.80
1,005.09
159.29
19%
13.74
13.12
-0.62
-5%
14%
13%
25%
200.29
299.45
53.49
119.73
66.24
124%
4.51
9.01
4.50
100%
5%
9%
28%
212.88
277.99
147.04
244.38
97.34
66%
31.78
38.19
6.41
20%
31%
41%
20%
407.56
502.93
232.78
300.14
67.36
29%
10.80
11.66
0.86
8%
11%
12%
43%
347.05
464.10
88.01
194.58
106.57
121%
0.71
3.04
2.33
328%
2%
3%
29%
33,162.91
41,267.92
16,235.67
20,286.30
4,050.63
25%
7.97
7.76
-0.21
-3%
8%
8%
56%
345.34
633.68
141.44
382.42
240.98
170%
7.83
7.58
-0.25
-3%
5%
8%
www.industry20.com
2009-10
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
53
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
59
474
Chambal Fertilisers & Chemicals Ltd
Chemicals & Petroleum Products
Urea
3,552.46
4,651.85
1,099.39
60
0
R S W M Ltd
Clothing & Textiles
Cotton & cotton textiles
1,638.21
2,071.47
433.26
61
328
Carborundum Universal Ltd
Non-metallic Mineral Products
Abrasive powder or grain on a base
791.73
995.66
203.93
62
120
Jubilant Foodworks Ltd
Food Products
Pizzas
475.52
765.44
289.92
63
170
Oswal Woollen Mills Ltd
Clothing & Textiles
Wool & woollen textiles
634.61
962.30
327.69
64
304
Hindalco Industries Ltd
Non-Ferrous Metals
Copper
20,572.97
25,352.20
4,779.23
65
11
Tractors & Farm Equipment Ltd
Auto
Tractors
3,023.66
3,875.70
852.04
3,319.60
4,229.99
910.39
5,627.68
6,411.18
783.50
856.59
1,126.42
269.83
66
15
Aurobindo Pharma Ltd
Pharmaceuticals
Drugs, medicines & allied products
67
35
Crompton Greaves Ltd
Electrical Equipment
Transformers
68
244
Godrej Industries Ltd
Chemicals & Petroleum Products
Organic chemicals
69
450
Emami Ltd
Cosmetics & Soaps
Cosmetics & toilet preparations
1,008.15
1,222.36
214.21
70
166
S Kumars Nationwide Ltd
Clothing & Textiles
Cloth (Fabrics)
2,154.83
2,757.36
602.53
71
427
Hindustan Unilever Ltd
Cosmetics & Soaps
Cosmetics, toilet preparations, soap
18,462.34
20,598.89
2,136.55
72
443
Aventis Pharma Ltd
Pharmaceuticals
Drug formulations
1,050.59
1,166.09
115.50
73
522
Lakshmi Machine Works Ltd
Machinery & Equipment
Textile spinning machines
1,327.02
2,065.28
738.26
74
0
Madras Fertilizers Ltd
Chemicals & Petroleum Products
Urea
1,303.59
1,624.01
320.42
75
93
T T K Prestige Ltd
Metal Products
Non-electric cooking appliances
517.35
776.71
259.36
76
286
Maharashtra Seamless Ltd
Metal Products
Seamless tubes & pipes
1,703.25
1,909.79
206.54
77
183
Kennametal India Ltd
Machinery & Equipment
Machine tools
395.28
540.57
145.29
78
714
Hindustan Gum & Chemicals Ltd
Chemical & Petroleum Products
Guar gum
343.20
773.47
430.27
79
77
Ultratech Cement Ltd
Cement
Cement
7,729.13
14,858.60
7,129.47
80
222
Glaxosmithkline Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
1,970.35
2,209.81
239.46
81
384
Apar Industries Ltd
Diversified Manufacturing
Diversified
2,123.42
2,932.75
809.33
82
51
Ashok Leyland Ltd
Auto
Heavy commercial vehicles
8,071.75
12,393.36
4,321.61
83
0
Indian Technomac Co Ltd
Iron & Steel
Ferro alloys
594.88
1,761.05
1,166.17
84
22
Cadila Healthcare Ltd
Pharmaceuticals
Drug formulations
1,964.60
2,359.70
395.10
85
20
Exide Industries Ltd
Electrical & Electronic Goods
Storage batteries
4,546.42
5,558.79
1,012.37
86
672
Gujarat Narmada Valley Fertilizers Co Ltd
Chemicals & Petroleum Products
Chemicals
2,708.91
2,988.16
279.25
87
210
Ambuja Cements Ltd
Cement
Cement
7,763.93
8,311.69
547.76
88
541
H S I L Ltd
Glass, Ceramics & Refractories
Bottles
839.79
1,113.47
273.68
944.48
1,326.07
381.59
89
475
Divi'S Laboratories Ltd
Pharmaceuticals
Drugs, medicines & allied products
90
543
Sathavahana Ispat Ltd
Iron & Steel
Pig iron
407.77
707.58
299.81
91
233
Gitanjali Gems Ltd
Gems & Jewellery
Diamonds
3,355.08
5,122.89
1,767.81
92
275
Amtek India Ltd
Metal Products
Castings
974.47
1,382.77
408.30
54
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
31%
756.23
26%
2010-11
2009-10
2010-11 2010-11
884.57
249.05
325.18
76.13
249.17
385.14
36.04
122.96
26%
150.76
228.40
58.01
61%
65.84
122.85
52%
127.87
23%
PAT/NET SALES
2009-10
2010-11
RS Crore
Percentage
2009-10
2010-11 2010-1
31%
5.57
6.20
0.63
11%
7%
7%
86.92
241%
2.37
6.23
3.86
163%
2%
6%
124.26
66.25
114%
6.63
9.77
3.14
47%
7%
12%
32.97
72.00
39.03
118%
6.96
9.35
2.39
34%
7%
9%
198.09
54.12
94.45
40.33
75%
8.65
9.96
1.31
15%
9%
10%
3,344.75
3,627.50
1,915.63
2,136.92
221.29
12%
8.30
8.18
-0.12
-1%
9%
8%
28%
575.47
653.27
338.51
431.05
92.54
27%
10.79
10.48
-0.31
-3%
11%
11%
27%
868.74
1,022.16
525.76
593.80
68.04
13%
14.91
13.87
-1.04
-7%
16%
14%
14%
1,046.85
1,046.85
617.34
694.33
76.99
12%
10.33
10.57
0.24
2%
11%
11%
32%
181.56
242.83
80.96
133.43
52.47
65%
7.11
8.30
1.19
17%
9%
12%
21%
276.12
296.67
63.31
125.40
62.09
98%
5.81
9.17
3.36
58%
6%
10%
28%
442.10
605.42
106.10
172.70
66.60
63%
5.16
6.24
1.08
21%
5%
6%
12%
3,112.52
3,128.11
2,202.03
2,305.97
103.94
5%
10.68
10.52
-0.16
-1%
12%
11%
11%
262.30
348.65
157.41
230.75
73.34
47%
12.65
16.98
4.33
34%
15%
20%
56%
250.26
347.84
104.68
165.98
61.30
59%
7.38
7.46
0.08
1%
8%
8%
25%
135.82
267.00
6.88
169.86
162.98
2369%
0.53
2.72
2.19
413%
1%
10%
50%
84.33
129.64
52.44
83.75
31.31
60%
9.33
10.77
1.44
15%
10%
11%
12%
453.08
514.54
284.60
341.66
57.06
20%
16.32
17.31
0.99
6%
17%
18%
37%
98.55
153.27
51.97
88.55
36.58
70%
11.67
15.41
3.74
32%
13%
16%
125%
30.19
79.92
16.91
55.31
38.40
227%
4.72
7.06
2.34
50%
5%
7%
92%
2,094.33
2,954.64
1,093.24
1,404.23
310.99
28%
13.91
8.48
-5.43
-39%
14%
9%
12%
807.23
890.78
512.29
563.69
51.40
10%
24.12
24.51
0.39
2%
26%
26%
38%
196.46
224.25
30.58
105.85
75.27
246%
1.28
3.55
2.27
177%
1%
4%
54%
845.17
1,261.34
423.67
631.30
207.63
49%
5.23
5.09
-0.14
-3%
5%
5%
196%
32.28
149.15
11.97
67.19
55.22
461%
2.01
3.81
1.80
90%
2%
4%
20%
701.80
793.70
503.30
610.40
107.10
21%
20.27
19.56
-0.71
-4%
26%
26%
22%
910.65
1,026.14
537.09
666.36
129.27
24%
11.67
10.67
-1.00
-9%
12%
12%
10%
441.15
524.67
123.84
266.53
142.69
115%
2.85
5.14
2.29
80%
5%
9%
7%
2,142.72
2,192.09
1,218.37
1,264.32
45.95
4%
13.92
13.75
-0.17
-1%
16%
15%
33%
149.42
219.40
36.42
87.35
50.93
140%
4.30
6.85
2.55
59%
4%
8%
40%
445.16
536.91
344.20
435.57
91.37
27%
35.60
32.07
-3.53
-10%
36%
33%
74%
72.51
126.74
25.45
56.54
31.09
122%
5.43
7.86
2.43
45%
6%
8%
53%
279.45
365.17
142.09
224.60
82.51
58%
4.18
4.37
0.19
5%
4%
4%
42%
288.16
403.20
76.34
113.83
37.49
49%
7.43
7.92
0.49
7%
8%
8%
www.industry20.com
RS Crore Percentage Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
55
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
836.89
1,037.30
200.41
1,624.61
1,973.30
348.69
493.49
625.34
131.85
93
488
B O C India Ltd
Chemicals & Petroleum Products
Oxygen
94
31
Ipca Laboratories Ltd
Pharmaceuticals
Drug formulations
95
320
Maithan Alloys Ltd
Iron & Steel
Ferro alloys
96
250
Bombay Rayon Fashions Ltd
Clothing & Textiles
Apparels (Readymade garment)
1,614.77
2,254.84
640.07
97
0
Endurance Technologies Ltd
Automobile Ancillaries
Automobile ancillaries
1,728.93
2,515.94
787.01
98
394
Deepak Fertilisers & Petrochemicals Corpn Ltd
Chemicals & Petroleum Products
Chemicals
1,354.17
1,665.04
310.87
99
122
Torrent Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
1,441.97
1,755.00
313.03
100
71
Dhunseri Petrochem & Tea Ltd
Plastics & Polymers
Polyethylene terephthalate (PET)
1,223.47
1,691.67
468.20
101
48
Dr Reddy'S Laboratories Ltd
Pharmaceuticals
Drug formulations
4,882.60
5,749.20
866.60
102
144
Reckitt Benckiser (India) Ltd
Cosmetics & Soaps
Soap, washing preparations, etc
1,821.69
2,195.37
373.68
103
416
Nagarjuna Fertilizers & Chemicals Ltd
Chemicals & Petroleum Products
Urea
1,988.65
3,089.37
1,100.72
104
588
Diamond Power Infrastructure Ltd
Wires & Cables
Cables & other conductors
595.34
1,172.94
577.60
105
199
Aditya Birla Nuvo Ltd
Diversified Manufacturing
Diversified
4,997.08
6,710.84
1,713.76
106
544
Bannari Amman Spinning Mills Ltd
Clothing & Textiles
Cotton yarn
354.95
548.75
193.80
107
0
Indo Rama Synthetics (India) Ltd
Clothing & Textiles
Man-made filaments & fibres
2,664.85
3,005.05
340.20
108
307
Gujarat Ambuja Exports Ltd
Food Products
Wheat flour
1,407.33
1,956.08
548.75
109
193
Micro Inks Ltd
Chemicals & Petroleum Products
Printing ink
1,446.64
1,814.16
367.52
110
148
Shree Ganesh Jewellery House Ltd
Gems & Jewellery
Jewellery
2,952.89
5,242.94
2,290.05
111
141
Reid & Taylor (India) Ltd
Clothing & Textiles
Cloth (Fabrics)
983.88
1,253.84
269.96
112
73
Dabur India Ltd
Cosmetics & Soaps
Diversified
2,891.51
3,306.09
414.58
113
467
Atul Ltd
Chemicals & Petroleum Products
Chemicals
1,247.65
1,620.97
373.32
114
0
Liberty Phosphate Ltd
Chemicals & Petroleum Products
Single superphosphate
204.19
364.27
160.08
115
119
Alok Industries Ltd
Clothing & Textiles
Cotton & cotton textiles
4,520.88
6,633.57
2,112.69
116
0
Sangam (India) Ltd
Clothing & Textiles
Yarn of synthetic staple fibres
850.18
1,179.87
329.69
117
50
Kansai Nerolac Paints Ltd
Chemicals & Petroleum Products
Industrial paints
1,972.08
2,493.45
521.37
118
178
Hanung Toys & Textiles Ltd
Clothing & Textiles
Other textile articles
848.34
1,133.67
285.33
119
0
Khaitan Chemicals & Fertilizers Ltd
Chemicals & Petroleum Products
Single superphosphate
204.59
462.71
258.12
120
293
N R B Bearings Ltd
Machinery & Equipment
Ball or roller bearings
378.39
515.79
137.40
121
0
Arvind Ltd
Clothing & Textiles
Cloth (Fabrics)
2,306.39
2,665.81
359.42
122
0
Hindustan Copper Ltd
Non-Ferrous Metals
Copper
1,439.65
1,261.47
-178.18
123
154
Inox Air Products Ltd
Chemicals & Petroleum Products
Oxygen
567.05
663.96
96.91
124
387
Innoventive Industries Ltd
Metal Products
Steel tubular structural poles
421.70
625.02
203.32
125
223
V S T Industries Ltd
Food Products
Cigarettes
1,125.42
1,396.54
271.12
126
262
Ind-Swift Laboratories Ltd
Pharmaceuticals
Roxithromycin
791.67
1,031.76
240.09
56
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
24%
151.15
21%
2010-11
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10
2010-11
RS Crore
Percentage
2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-1
195.62
53.24
93.63
40.39
76%
4.48
8.09
3.61
81%
6%
9%
348.45
421.88
209.19
255.37
46.18
22%
12.82
12.82
0.00
0%
13%
13%
27%
74.69
115.87
30.24
72.84
42.60
141%
5.01
10.70
5.69
114%
6%
12%
40%
402.86
564.35
175.92
226.70
50.78
29%
10.90
9.95
-0.95
-9%
11%
10%
46%
272.84
345.92
53.15
103.39
50.24
95%
3.38
4.21
0.83
25%
3%
4%
23%
349.77
381.18
172.05
186.62
14.57
8%
10.62
11.25
0.63
6%
13%
11%
22%
380.30
440.07
207.37
290.86
83.49
40%
16.60
16.03
-0.57
-3%
14%
17%
38%
169.60
251.28
89.05
127.31
38.26
43%
6.97
7.28
0.31
4%
7%
8%
18%
1,439.90
1,417.30
846.10
893.40
47.30
6%
16.41
14.22
-2.19
-13%
17%
16%
21%
358.21
445.90
291.96
338.57
46.61
16%
15.74
15.17
-0.57
-4%
16%
15%
55%
389.77
469.78
66.37
117.35
50.98
77%
3.26
3.74
0.48
15%
3%
4%
97%
101.21
163.35
50.57
97.62
47.05
93%
8.47
8.31
-0.16
-2%
8%
8%
34%
858.03
1,000.44
283.40
379.69
96.29
34%
5.48
5.35
-0.13
-2%
6%
6%
55%
74.12
125.10
15.05
38.80
23.75
158%
4.23
11.03
6.80
161%
4%
7%
13%
236.24
438.31
7.13
139.41
132.28
1855%
0.11
3.87
3.76
3418%
0%
5%
39%
129.42
165.08
60.02
94.10
34.08
57%
3.50
4.50
1.00
29%
4%
5%
25%
230.82
249.03
112.55
141.84
29.29
26%
7.76
8.28
0.52
7%
8%
8%
78%
269.93
392.94
165.88
263.85
97.97
59%
5.48
4.96
-0.52
-9%
6%
5%
27%
383.27
469.41
202.94
242.53
39.59
20%
19.54
18.72
-0.82
-4%
21%
19%
14%
593.77
649.28
433.14
471.81
38.67
9%
14.69
14.08
-0.61
-4%
15%
14%
30%
175.60
211.50
56.81
90.00
33.19
58%
2.86
4.76
1.90
66%
5%
6%
78%
17.71
65.14
6.48
35.19
28.71
443%
2.21
9.42
7.21
326%
3%
10%
47%
1,427.74
2,095.84
247.34
404.36
157.02
63%
7.08
5.98
-1.10
-16%
5%
6%
39%
137.94
208.25
17.15
56.59
39.44
230%
2.04
4.83
2.79
137%
2%
5%
26%
285.48
337.93
165.50
205.99
40.49
24%
8.10
8.00
-0.10
-1%
8%
8%
34%
178.80
242.86
90.48
120.06
29.58
33%
10.79
10.84
0.05
0%
11%
11%
126%
19.35
71.70
0.81
31.43
30.62
3780%
0.53
7.15
6.62
1249%
0%
7%
36%
67.57
109.36
24.41
53.92
29.51
121%
5.89
10.13
4.24
72%
6%
10%
16%
379.12
467.26
52.00
134.80
82.80
159%
1.78
3.79
2.01
113%
2%
5%
-12%
310.57
449.91
154.68
224.10
69.42
45%
10.21
16.60
6.39
63%
11%
18%
17%
265.44
310.03
113.65
148.03
34.38
30%
16.07
18.25
2.18
14%
20%
22%
48%
104.59
154.12
27.39
56.55
29.16
106%
6.47
8.01
1.54
24%
6%
9%
24%
103.45
159.85
62.05
95.01
32.96
53%
5.08
6.55
1.47
29%
6%
7%
30%
142.73
183.23
57.96
87.62
29.66
51%
7.61
8.45
0.84
11%
7%
8%
www.industry20.com
RS Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
57
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
127
204
Elgi Equipments Ltd
Machinery & Equipment
Compressors
615.86
829.14
213.28
128
164
Rallis India Ltd
Chemicals & Petroleum Products
Pesticides
942.91
1,140.48
197.57
129
186
Godfrey Phillips India Ltd
Food Products
Cigarettes
2,617.00
3,069.38
452.38
130
38
T A F E Motors & Tractors Ltd
Auto
Tractors
1,324.92
1,533.20
208.28
131
65
Godrej & Boyce Mfg Co Ltd
Diversified Manufacturing
Diversified
4,608.82
5,843.87
1,235.05
132
364
Tube Investments Of India Ltd
Metal Products
Iron & steel
2,548.74
3,261.92
713.18
1,051.98
1,321.42
269.44
3,693.23
3,723.88
30.65
133
340
Arch Pharmalabs Ltd
Pharmaceuticals
Drugs, medicines & allied products
134
105
Rei Agro Ltd
Food Products
Rice
135
0
Mandhana Industries Ltd
Clothing & Textiles
Cloth (Fabrics)
561.12
747.23
186.11
136
0
Jamna Auto Inds Ltd
Automobile Ancillaries
Leaf springs (Automotive)
607.71
911.42
303.71
137
61
Marico Ltd
Food Products
Edible oils
2,032.90
2,358.23
325.33
138
0
Ambika Cotton Mills Ltd
Clothing & Textiles
Cotton yarn
216.41
321.42
105.01
139
0
Hindusthan Engineering & Inds Ltd
Diversified Manufacturing
Diversified
469.38
728.54
259.16
140
231
K P R Mill Ltd
Clothing & Textiles
Cotton yarn
822.42
1,032.50
210.08
141
333
Jai Corp Ltd
Plastics & Polymers
Sacks & bags of polyethylene
432.57
514.40
81.83
142
206
United Breweries Ltd
Food Products
Beer
2,955.81
4,557.12
1,601.31
143
98
Dharampal Satyapal Ltd
Food Products
Other tobacco products
1,029.64
1,226.61
196.97
144
498
Britannia Industries Ltd
Food Products
Biscuits
3,478.37
4,304.91
826.54
145
47
Jain Irrigation Systems Ltd
Plastics & Polymers
Plastic products
2,793.65
3,422.88
629.23
146
436
Eicher Motors Ltd
Auto
Motorcycles
411.42
488.32
76.90
147
0
Shiva Texyarn Ltd
Clothing & Textiles
Cotton yarn
193.79
397.28
203.49
148
0
T M L Drivelines Ltd
Automobile Ancillaries
Automobile ancillaries
237.20
305.21
68.01
149
0
Suryalakshmi Cotton Mills Ltd
Clothing & Textiles
Cloth (Fabrics)
419.71
612.02
192.31
150
0
Paradeep Phosphates Ltd
Chemicals & Petroleum Products
Diammonium phosphate
2,996.83
3,531.37
534.54
151
515
R S B Transmissions (I) Ltd
Automobile Ancillaries
Propeller shafts
618.49
962.61
344.12
152
388
S E L Manufacturing Co Ltd
Clothing & Textiles
Textiles
963.64
1,602.06
638.42
153
128
Simpson & Co Ltd
Machinery & Equipment
Diesel engines
733.49
986.82
253.33
154
0
Piramal Glass Ltd
Glass, Ceramics & Refractories
Glass containers
704.51
802.32
97.81
155
189
Sundram Fasteners Ltd
Automobile Ancillaries
Automobile ancillaries
1,421.93
1,944.82
522.89
156
0
Aanjaneya Lifecare Ltd
Pharmaceuticals
Drug formulations
161.68
320.26
158.58
157
296
Novartis India Ltd
Pharmaceuticals
Drug formulations
667.50
754.79
87.29
158
246
P I Industries Ltd
Chemicals & Petroleum Products
Pesticides
619.15
836.07
216.92
159
531
Otis Elevator Co (India) Ltd
Machinery & Equipment
Lifts & elevators
756.96
915.51
158.55
160
617
Sundaram-Clayton Ltd
Automobile Ancillaries
Suspension & braking parts
561.30
865.07
303.77
58
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
35%
101.08
137.59
55.18
81.39
26.21
21%
192.56
217.59
101.04
126.21
17%
210.03
291.95
118.38
16%
269.26
225.30
27%
580.64
28%
PAT/NET SALES 2009-10
2010-11 2010-1
47%
8.88
9.70
0.82
9%
9%
10%
25.17
25%
8.98
9.84
0.86
10%
11%
11%
166.03
47.65
40%
4.47
5.31
0.84
19%
5%
5%
115.56
147.77
32.21
28%
8.60
9.39
0.79
9%
9%
10%
654.51
336.25
398.98
62.73
19%
7.04
6.35
-0.69
-10%
7%
7%
286.21
426.60
81.21
169.66
88.45
109%
2.89
3.19
0.30
10%
3%
5%
26%
248.58
334.08
50.88
83.34
32.46
64%
4.81
6.26
1.45
30%
5%
6%
1%
611.95
777.59
157.17
282.45
125.28
80%
4.27
7.61
3.34
78%
4%
8%
33%
129.20
153.87
43.40
66.75
23.35
54%
7.76
9.29
1.53
20%
8%
9%
50%
66.38
110.79
7.77
42.48
34.71
447%
0.94
3.85
2.91
310%
1%
5%
16%
379.23
435.82
235.02
315.32
80.30
34%
11.33
10.46
-0.87
-8%
12%
13%
49%
60.19
99.35
17.35
42.53
25.18
145%
8.28
12.89
4.61
56%
8%
13%
55%
46.16
113.53
16.37
43.07
26.70
163%
3.44
5.77
2.33
68%
3%
6%
26%
166.62
238.26
50.18
71.26
21.08
42%
6.05
7.92
1.87
31%
6%
7%
19%
101.84
136.84
61.03
92.48
31.45
52%
12.57
15.89
3.32
26%
14%
18%
54%
296.10
438.29
96.97
147.29
50.32
52%
3.03
3.06
0.03
1%
3%
3%
19%
193.75
222.05
120.82
142.12
21.30
18%
10.94
11.28
0.34
3%
12%
12%
24%
227.88
285.61
116.51
145.29
28.78
25%
2.08
2.91
0.83
40%
3%
3%
23%
666.87
758.11
271.24
295.26
24.02
9%
9.40
8.53
-0.87
-9%
10%
9%
19%
56.00
99.01
37.65
75.44
37.79
100%
8.46
13.82
5.36
63%
9%
15%
105%
34.29
78.11
5.18
26.60
21.42
414%
3.00
8.64
5.64
188%
3%
7%
29%
138.67
186.37
63.85
94.21
30.36
48%
26.57
29.99
3.42
13%
27%
31%
46%
53.51
96.32
4.35
34.81
30.46
700%
1.15
5.82
4.67
406%
1%
6%
18%
348.31
414.16
151.55
177.08
25.53
17%
1.77
2.65
0.88
50%
5%
5%
56%
80.71
117.82
7.79
35.87
28.08
360%
1.25
3.73
2.48
198%
1%
4%
66%
180.58
283.12
61.90
101.18
39.28
63%
6.91
6.30
-0.61
-9%
6%
6%
35%
147.58
166.05
96.01
121.32
25.31
26%
12.36
11.74
-0.62
-5%
13%
12%
14%
190.08
213.24
15.77
68.59
52.82
335%
2.36
8.48
6.12
259%
2%
9%
37%
185.83
231.62
75.01
105.43
30.42
41%
5.29
5.37
0.08
2%
5%
5%
98%
29.81
71.14
15.08
36.01
20.93
139%
9.32
11.26
1.94
21%
9%
11%
13%
182.60
223.38
115.99
146.67
30.68
26%
16.52
17.69
1.17
7%
17%
19%
35%
90.36
127.17
40.95
64.12
23.17
57%
6.65
7.55
0.90
14%
7%
8%
21%
162.52
186.43
81.95
107.90
25.95
32%
10.02
10.60
0.58
6%
11%
12%
54%
72.34
109.09
11.60
37.97
26.37
227%
1.95
4.08
2.13
109%
2%
4%
www.industry20.com
RS Crore Percentage Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
RS Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
59
161
265
Kajaria Ceramics Ltd
Glass, Ceramics & Refractories
Glazed ceramic tiles, paving & flags
766.75
1,005.50
238.75
162
299
Time Technoplast Ltd
Plastics & Polymers
Reservoirs, tanks, etc
702.64
880.60
177.96
163
687
Timken India Ltd
Machinery & Equipment
Ball or roller bearings
340.99
503.72
162.73
164
200
Siyaram Silk Mills Ltd
Clothing & Textiles
Cloth (Fabrics)
660.87
856.87
196.00
165
255
Siemens Ltd
Diversified Manufacturing
Diversified
9,560.92
12,301.20
2,740.28
166
185
Su-Raj Diamonds & Jewellery Ltd
Gems & Jewellery
Diamonds
3,101.78
5,178.52
2,076.74
392.98
883.26
490.28
1,477.75
1,991.04
513.29
COMPANY
INDUSTRIAL ACTIVITY
NET SALES (Rs Crore)
Manufacturing Companies
INDUSTRY SECTOR
overall Rank
2.0 Top
2012 2011 Change
2009-10
2010-11 2010-11
RS Crore
167
507
Sumeet Industries Ltd
Clothing & Textiles
Polypropylene filament yarn (PPFY)
168
171
Tecpro Systems Ltd
Machinery & Equipment
Material handling equipment
169
0
Lohia Starlinger Ltd
Machinery & Equipment
Weaving machines
404.76
583.75
178.99
170
715
Ferro Alloys Corpn Ltd
Iron & Steel
Ferro alloys
309.92
435.72
125.80
171
401
Kwality Dairy (India) Ltd
Food Products
Dairy products
1,054.13
1,608.04
553.91
172
84
Hyundai Motor India Ltd
Auto
Passenger cars
21,472.20
21,579.17
106.97
173
0
Finolex Cables Ltd
Wires & Cables
Cables & other conductors
1,726.59
2,186.36
459.77
174
112
Berger Paints India Ltd
Chemicals & Petroleum Products
Decorative paints
1,830.32
2,297.56
467.24
175
39
Pidilite Industries Ltd
Chemicals & Petroleum Products
Glues (adhesive)
2,031.24
2,495.10
463.86
176
6
Asian Paints Ltd
Chemicals & Petroleum Products
Decorative paints
5,793.72
7,258.29
1,464.57
889.92
1,134.88
244.96
1,113.06
1,277.80
164.74
177
213
Nectar Lifesciences Ltd
Pharmaceuticals
Drugs, medicines & allied products
178
267
Bata India Ltd
Clothing & Textiles
Leather shoes
179
0
Loyal Textile Mills Ltd
Clothing & Textiles
Cotton & cotton textiles
483.36
982.73
499.37
180
0
Sukhjit Starch & Chemicals Ltd
Chemical & Petroleum Products
Starches
265.57
353.45
87.88
181
389
Parekh Aluminex Ltd
Non-Ferrous Metals
Other aluminium products
634.16
902.35
268.19
182
0
Styrolution A B S (India) Ltd
Plastics & Polymers
Acrylonitrile butadiene styrene
610.72
819.59
208.87
183
0
Bhansali Engineering Polymers Ltd
Plastics & Polymers
Acrylonitrile butadiene styrene
339.63
510.06
170.43
184
0
Bombay Burmah Trdg Corpn Ltd
Diversified Manufacturing
Diversified
304.69
325.30
20.61
619.10
903.87
284.77
2,045.08
2,614.90
569.82
185
375
Galaxy Surfactants Ltd
Cosmetics & Soaps
Organic surface-active agents other than soap
186
106
Cadbury India Ltd
Food Products
Chocolate & sugar confectionery
187
396
Gillanders Arbuthnot & Co Ltd
Diversified Manufacturing
Diversified
622.66
757.88
135.22
188
268
Page Industries Ltd
Clothing & Textiles
Apparels (Readymade garment)
349.01
511.37
162.36
189
63
Supreme Industries Ltd
Plastics & Polymers
Plastic tube and pipes
2,173.56
2,683.92
510.36
190
642
Godawari Power & Ispat Ltd
Metal Products
Iron & steel
832.41
1,030.64
198.23
869.86
1,184.44
314.58
191
393
Powerica Ltd
Electrical Equipment
Generating sets with diesel engines
192
696
Flexituff International Ltd
Clothing & Textiles
Sacks/Bags (Cotton)
329.34
618.07
288.73
193
108
Savita Oil Technologies Ltd
Chemicals & Petroleum Products
Lube oils & lubricants
1,324.21
1,741.22
417.01
194
324
Kemrock Industries & Exports Ltd
Plastics & Polymers
Other articles of plastics
629.69
927.76
298.07
60
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
31%
119.44
150.76
35.85
60.66
24.81
25%
131.77
178.76
67.77
92.24
48%
59.00
84.11
32.53
30%
81.87
118.84
29%
1,479.05
67%
PAT/NET SALES
2009-10
2010-11
RS Crore
Percentage
2009-10
2010-11 2010-1
69%
4.88
6.30
1.42
29%
5%
6%
24.47
36%
9.63
10.11
0.48
5%
10%
10%
51.06
18.53
57%
8.70
9.87
1.17
13%
10%
10%
33.72
57.65
23.93
71%
4.70
6.59
1.89
40%
5%
7%
1,470.62
827.21
845.43
18.22
2%
8.26
6.40
-1.86
-23%
9%
7%
142.19
188.37
65.19
111.64
46.45
71%
2.05
2.10
0.05
2%
2%
2%
125%
31.21
61.11
10.85
34.15
23.30
215%
2.49
3.86
1.37
55%
3%
4%
35%
252.82
355.19
109.64
136.22
26.58
24%
7.25
6.74
-0.51
-7%
7%
7%
44%
63.15
96.33
29.63
47.10
17.47
59%
6.81
8.31
1.50
22%
7%
8%
41%
36.92
71.79
14.02
37.44
23.42
167%
2.06
7.13
5.07
246%
5%
9%
53%
51.66
101.23
17.95
45.94
27.99
156%
1.76
2.86
1.10
63%
2%
3%
0%
1,413.50
1,966.95
375.53
794.28
418.75
112%
1.72
3.61
1.89
110%
2%
4%
27%
219.36
200.25
57.63
86.82
29.19
51%
3.29
3.93
0.64
19%
3%
4%
26%
202.36
255.18
120.14
148.31
28.17
23%
6.47
6.34
-0.13
-2%
7%
6%
23%
427.97
502.02
293.49
303.89
10.40
4%
14.10
12.04
-2.06
-15%
14%
12%
25%
1,194.11
1,239.28
774.50
775.15
0.65
0%
12.80
10.51
-2.29
-18%
13%
11%
28%
216.02
240.39
91.97
102.81
10.84
12%
9.06
9.31
0.25
3%
10%
9%
15%
142.28
186.12
67.23
95.35
28.12
42%
5.89
7.37
1.48
25%
6%
7%
103%
76.63
138.16
1.97
31.37
29.40
1492%
0.32
1.98
1.66
519%
0%
3%
33%
32.18
63.06
14.67
38.78
24.11
164%
5.35
10.86
5.51
103%
6%
11%
42%
110.34
161.71
45.38
67.27
21.89
48%
7.16
7.44
0.28
4%
7%
7%
34%
99.23
120.50
48.99
70.03
21.04
43%
7.96
8.43
0.47
6%
8%
9%
50%
39.23
58.88
10.53
33.41
22.88
217%
3.18
6.65
3.47
109%
3%
7%
7%
53.48
130.34
13.66
76.55
62.89
460%
4.44
17.85
13.41
302%
4%
24%
46%
92.66
119.02
40.36
61.52
21.16
52%
6.48
6.85
0.37
6%
7%
7%
28%
296.37
318.47
188.63
208.78
20.15
11%
9.07
7.82
-1.25
-14%
9%
8%
22%
86.24
116.93
25.36
54.19
28.83
114%
3.57
6.97
3.40
95%
4%
7%
47%
71.64
102.90
39.61
58.55
18.94
48%
11.25
11.60
0.35
3%
11%
11%
23%
314.83
375.77
144.83
174.97
30.14
21%
6.46
6.06
-0.40
-6%
7%
7%
24%
125.59
197.61
51.40
71.27
19.87
39%
6.22
7.24
1.02
16%
6%
7%
36%
169.59
214.54
105.35
128.06
22.71
22%
11.47
9.66
-1.81
-16%
12%
11%
88%
44.23
70.00
7.51
27.44
19.93
265%
2.09
4.43
2.34
112%
2%
4%
31%
161.25
197.39
86.38
109.33
22.95
27%
6.33
6.22
-0.11
-2%
7%
6%
47%
155.36
257.21
52.69
75.46
22.77
43%
8.40
8.06
-0.34
-4%
8%
8%
www.industry20.com
RS RSCrore Crore Percentage Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
61
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
195
449
L G Balakrishnan & Bros Ltd
Metal Products
Chains & anchors of iron & steel
591.14
768.67
177.53
196
546
Numaligarh Refinery Ltd
Chemicals & Petroleum Products
Petroleum products (Refineries)
7,874.09
8,972.19
1,098.10
197
648
Ingersoll-Rand (India) Ltd
Machinery & Equipment
Pumps & compressors
396.34
521.94
125.60
198
0
Facor Alloys Ltd
Iron & Steel
Other ferro alloys
267.80
398.17
130.37
199
553
D I C India Ltd
Chemicals & Petroleum Products
Printing ink
497.87
607.11
109.24
200
0
Radico Khaitan Ltd
Food Products
Indian made foreign liquors
1,479.14
1,738.19
259.05
201
0
Jayaswal Neco Inds Ltd
Metal Products
Iron & steel
1,911.17
2,455.05
543.88
202
424
Tata Coffee Ltd
Food Products
Coffee
332.95
400.86
67.91
203
111
Supreme Petrochem Ltd
Plastics & Polymers
Polystyrene
1,722.96
2,101.58
378.62
204
104
Venky's (India) Ltd
Food Products
Poultry
706.28
853.30
147.02
205
209
Surya Pharmaceutical Ltd
Pharmaceuticals
Antibiotics
1,157.53
1,633.27
475.74
206
0
Tribhovandas Bhimji Zaveri Ltd
Gems & Jewellery
Jewellery
884.89
1,193.93
309.04
207
306
Confidence Petroleum India Ltd
Chemicals & Petroleum Products
Liquefied petroleum gas
361.87
663.27
301.40
208
278
Hindustan Petroleum Corpn Ltd
Chemicals & Petroleum Products
Petroleum products (Refineries)
116,049.94 143,776.83
27,726.89
209
311
Gujarat Fluorochemicals Ltd
Chemicals & Petroleum Products
Refrigerant gases
533.53
1,025.50
491.97
210
567
Titagarh Wagons Ltd
Auto
Railway wagons, coaches, etc
575.21
686.43
111.22
211
0
Globus Spirits Ltd
Food Products
Ethyl alcohol
384.29
521.58
137.29
212
143
Lucas-Tvs Ltd
Automobile Ancillaries
Electrical automobile parts
1,187.97
1,622.95
434.98
213
99
Paras Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
382.10
494.49
112.39
214
242
Garden Silk Mills Ltd
Clothing & Textiles
Polyester chips & granules
2,663.20
3,668.27
1,005.07
2,672.72
2,933.31
260.59
2,051.53
2,330.80
279.27
689.77
811.24
121.47
2,578.27
3,178.89
600.62
215
58
Kalpataru Power Transmission Ltd
Metal Products
Transmission towers & structurals
216
279
Jai Balaji Inds Ltd
Metal Products
Iron & steel
217
260
J B Chemicals & Pharmaceuticals Ltd
Pharmaceuticals
218
66
Havells India Ltd
Electrical Equipment
Drugs, medicines & allied products Electrical machinery other than electronics
219
0
Parabolic Drugs Ltd
Pharmaceuticals
Penicillin
559.36
693.36
134.00
344.57
456.26
111.69
861.26
1,215.35
354.09
13,506.68
16,635.29
3,128.61
220
361
Hi-Tech Gears Ltd
Automobile Ancillaries
Drive transmission & steering parts
221
226
Pennar Industries Ltd
Iron & Steel
Cold rolled coils, strips, sheets
222
169
Ruchi Soya Inds Ltd
Food Products
Soyabean oil
223
347
Banswara Syntex Ltd
Clothing & Textiles
Textiles
646.85
838.04
191.19
224
325
Twilight Litaka Pharma Ltd
Pharmaceuticals
Drug formulations
493.90
660.81
166.91
225
561
C Mahendra Exports Ltd
Gems & Jewellery
Diamonds
1,564.67
1,843.28
278.61
226
0
Sakthi Auto Components Ltd
Automobile Ancillaries
Automobile ancillaries
281.15
509.27
228.12
227
371
Elecon Engineering Co Ltd
Machinery & Equipment
Non-electrical machinery
1,129.99
1,287.89
157.90
228
8
J S W Steel Ltd
Iron & Steel
Flat products
19,396.43
25,092.09
5,695.66
62
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Percentage Percentage
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
30%
82.55
90.07
24.84
45.81
20.97
14%
529.61
622.33
232.08
279.26
32%
80.98
109.59
47.40
49%
25.77
53.99
22%
48.21
18%
PAT/NET SALES 2009-10 2009-10
2010-11 2010-1
84%
3.63
6.13
2.50
69%
4%
6%
47.18
20%
2.85
3.10
0.25
9%
3%
3%
68.63
21.23
45%
11.37
11.83
0.46
4%
12%
13%
14.03
33.12
19.09
136%
5.18
8.18
3.00
58%
5%
8%
80.32
22.29
50.74
28.45
128%
4.06
7.49
3.43
84%
4%
8%
158.27
161.81
41.54
69.45
27.91
67%
2.28
4.26
1.98
87%
3%
4%
28%
326.23
383.37
69.13
98.16
29.03
42%
3.59
3.78
0.19
5%
4%
4%
20%
89.65
100.84
31.99
55.08
23.09
72%
8.60
12.66
4.06
47%
10%
14%
22%
128.66
164.87
60.48
87.69
27.21
45%
3.51
4.06
0.55
16%
4%
4%
21%
96.60
122.37
53.92
73.03
19.11
35%
7.50
8.48
0.98
13%
8%
9%
41%
173.46
265.41
75.54
98.91
23.37
31%
6.71
6.10
-0.61
-9%
7%
6%
35%
48.73
89.72
15.37
39.42
24.05
156%
1.74
3.30
1.56
90%
2%
3%
83%
53.78
97.20
24.18
45.88
21.70
90%
6.82
6.91
0.09
1%
7%
7%
24%
5,041.80
5,003.42
1,301.18
1,538.82
237.64
18%
1.15
1.14
-0.01
-1%
1%
1%
92%
524.04
459.52
334.16
263.63
-70.53
-21%
30.33
23.11
-7.22
-24%
63%
26%
19%
114.53
144.45
65.37
81.39
16.02
25%
9.95
10.90
0.95
10%
11%
12%
36%
51.87
65.38
28.92
39.93
11.01
38%
4.43
7.57
3.14
71%
8%
8%
37%
113.21
138.38
54.23
75.71
21.48
40%
4.51
4.60
0.09
2%
5%
5%
29%
110.89
142.18
71.30
100.94
29.64
42%
18.31
18.01
-0.30
-2%
19%
20%
38%
254.07
302.15
63.20
87.87
24.67
39%
2.29
2.44
0.15
7%
2%
2%
10%
385.83
420.89
171.26
190.56
19.30
11%
6.01
6.24
0.23
4%
6%
6%
14%
261.76
360.97
31.81
73.95
42.14
132%
1.49
3.16
1.67
112%
2%
3%
18%
160.29
178.36
101.00
118.19
17.19
17%
14.33
14.43
0.10
1%
15%
15%
23%
338.36
377.30
228.16
242.05
13.89
6%
9.05
7.50
-1.55
-17%
9%
8%
24%
97.03
126.30
29.54
52.02
22.48
76%
6.07
7.62
1.55
26%
5%
8%
32%
50.92
79.33
17.82
35.03
17.21
97%
5.18
8.62
3.44
66%
5%
8%
41%
114.41
141.77
50.07
69.46
19.39
39%
5.81
5.74
-0.07
-1%
6%
6%
23%
587.33
727.10
172.47
213.21
40.74
24%
1.04
1.13
0.09
9%
1%
1%
30%
108.31
141.52
30.88
47.32
16.44
53%
3.83
5.42
1.59
42%
5%
6%
34%
69.76
101.05
32.63
49.05
16.42
50%
6.49
7.38
0.89
14%
7%
7%
18%
146.35
131.84
21.15
57.21
36.06
170%
1.34
3.08
1.74
130%
1%
3%
81%
41.72
73.15
1.97
21.31
19.34
982%
0.59
4.02
3.43
581%
1%
4%
14%
187.59
227.52
66.95
87.92
20.97
31%
5.67
6.62
0.95
17%
6%
7%
29%
4,852.68
5,078.58
2,022.74
2,010.67
-12.07
-1%
9.67
7.20
-2.47
-26%
10%
8%
www.industry20.com
RS Crore Percentage Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore) 2009-10
RS RSCrore Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
63
229
570
Tata Sponge Iron Ltd
Iron & Steel
Sponge iron
230
57
M R F Ltd
Rubber Products
231
101
Bajaj Electricals Ltd
232
390
233
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
557.70
735.27
177.57
Tyres
8,091.47
10,644.86
2,553.39
Diversified Manufacturing
Diversified
2,249.50
2,765.84
516.34
Responsive Industries Ltd
Plastics & Polymers
Floor coverings of plastics
574.92
755.75
180.83
551
Mangalore Refinery & Petrochemicals Ltd
Chemicals & Petroleum Products
Petroleum products (Refineries)
36,140.94
43,800.24
7,659.30
234
305
Anil Ltd
Food Products
Instant & semi-processed foods
383.80
521.22
137.42
235
0
R P Info Systems Pvt Ltd
Electrical & Electronic Goods
Computer systems
1,151.55
1,620.94
469.39
236
245
Monnet Ispat & Energy Ltd
Iron & Steel
Sponge iron
1,567.38
1,695.96
128.58
237
0
Setco Automotive Ltd
Automobile Ancillaries
Clutch plates/discs
226.64
326.76
100.12
238
76
Voltas Ltd
Diversified Manufacturing
Diversified
4,518.81
5,171.54
652.73
239
592
Kiri Industries Ltd
Chemicals & Petroleum Products
Dyes
359.20
600.93
241.73
240
145
Grasim Industries Ltd
Clothing & Textiles
Viscose staple fibre (VSF)
8,939.35
4,977.56
-3,961.79
241
53
Cipla Ltd
Pharmaceuticals
Drugs, medicines & allied products
5,678.62
6,379.66
701.04
242
43
Whirlpool Of India Ltd
Electrical & Electronic Goods
Refrigerators, freezers, etc
2,396.33
2,929.00
532.67
2,063.33
2,460.82
397.49
243
271
Jyoti Structures Ltd
Metal Products
Transmission towers & structurals
244
243
Steel Authority Of India Ltd
Iron & Steel
Finished Steel (Non-Alloy Steel)
44,059.72
47,156.51
3,096.79
245
230
Surya Roshni Ltd
Metal Products
Tubes & pipes
1,897.41
2,367.41
470.00
246
21
Tata Cummins Ltd
Machinery & Equipment
Internal combustion engines
1,944.61
2,750.98
806.37
247
197
United Spirits Ltd
Food Products
Ethyl alcohol
9,205.97
12,860.52
3,654.55
527.63
784.91
257.28
248
0
Himadri Chemicals & Inds Ltd
Chemical & Petroleum Products
Asphalt, bitumen or coal tar pitch products
249
685
M S P Steel & Power Ltd
Iron & Steel
Long products
418.78
518.36
99.58
250
440
Elder Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
709.46
842.20
132.74
251
253
Sterling Biotech Ltd
Chemicals & Petroleum Products
Gelatin
1,438.17
1,616.58
178.41
252
489
Axiom Cordages Ltd
Plastics & Polymers
Plastic rope
366.49
555.78
189.29
253
0
Shakti Bhog Foods Ltd
Food Products
Wheat
2,673.47
3,271.99
598.52
254
444
Ajanta Pharma Ltd
Pharmaceuticals
Drug formulations
385.00
462.41
77.41
255
0
Harsha Engineers Ltd
Machinery & Equipment
Bearing parts
161.47
302.77
141.30
256
3
Hero Motocorp Ltd
Auto
Motorcycles
17,410.37
21,109.01
3,698.64
257
428
Mirza International Ltd
Clothing & Textiles
Footwear
379.49
473.21
93.72
258
318
Minda Corporation Ltd
Automobile Ancillaries
Automobile locks
354.41
512.99
158.58
259
232
Dhanuka Agritech Ltd
Chemicals & Petroleum Products
Pesticides
446.16
546.04
99.88
260
74
Rockman Industries Ltd
Automobile Ancillaries
Automobile ancillaries
730.41
1,033.72
303.31
261
315
Mangalore Chemicals & Fertilizers Ltd
Chemicals & Petroleum Products
Fertilisers
2,077.41
2,523.57
446.16
262
420
Man Industries (India) Ltd
Metal Products
Tubes & pipes
1,505.43
1,600.97
95.54
64
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
RS Crore
32%
145.87
168.80
84.52
101.34
32%
862.92
1,244.04
353.98
23%
253.14
273.99
31%
81.77
21%
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
Percentage
2009-10
2010-11 2010-11
RS Crore Percentage Percentage
2009-10
2010-11 2010-1
16.82
20%
14.58
13.38
-1.20
-8%
15%
14%
619.42
265.44
75%
4.33
1.91
-2.42
-56%
4%
6%
117.09
143.79
26.70
23%
5.48
5.10
-0.38
-7%
5%
5%
100.39
38.14
54.85
16.71
44%
6.59
7.18
0.59
9%
7%
7%
2,213.83
2,248.67
1,112.38
1,176.63
64.25
6%
3.00
2.62
-0.38
-13%
3%
3%
36%
52.45
88.38
24.00
40.25
16.25
68%
6.28
7.75
1.47
23%
6%
8%
41%
120.10
179.72
70.39
89.66
19.27
27%
5.78
5.30
-0.48
-8%
6%
6%
8%
494.70
478.71
269.10
281.16
12.06
4%
16.94
16.28
-0.66
-4%
17%
17%
44%
39.30
60.90
17.81
32.88
15.07
85%
8.05
10.12
2.07
26%
8%
10%
14%
542.02
585.71
344.22
353.53
9.31
3%
6.28
5.81
-0.47
-7%
8%
7%
67%
67.02
100.97
24.90
33.05
8.15
33%
6.77
7.65
0.88
13%
7%
5%
-44%
3,363.02
1,867.70
2,092.10
1,181.71
-910.39
-44%
18.50
20.66
2.16
12%
23%
24%
12%
1,659.09
1,451.17
1,081.49
960.39
-121.10
-11%
16.94
14.75
-2.19
-13%
19%
15%
22%
272.02
313.54
145.02
166.15
21.13
15%
5.76
5.17
-0.59
-10%
6%
6%
19%
272.64
328.21
91.01
110.94
19.93
22%
4.39
4.50
0.11
3%
4%
5%
7%
12,023.85
9,215.84
6,754.37
4,904.74
-1,849.63
-27%
10.66
9.60
-1.06
-10%
15%
10%
25%
129.55
181.93
45.17
66.74
21.57
48%
2.36
2.82
0.46
19%
2%
3%
41%
208.13
218.78
104.88
120.97
16.09
15%
5.39
4.39
-1.00
-19%
5%
4%
40%
934.37
1,129.02
376.02
385.47
9.45
3%
3.10
2.62
-0.48
-15%
4%
3%
49%
197.96
207.36
107.34
114.39
7.05
7%
19.77
14.28
-5.49
-28%
20%
15%
24%
73.35
112.17
32.05
50.21
18.16
57%
7.60
8.88
1.28
17%
8%
10%
19%
138.22
181.42
55.39
70.79
15.40
28%
7.75
8.40
0.65
8%
8%
8%
12%
578.11
645.49
237.00
146.20
-90.80
-38%
11.97
12.81
0.84
7%
16%
9%
52%
56.98
95.65
28.69
43.78
15.09
53%
7.54
7.73
0.19
3%
8%
8%
22%
216.22
296.36
92.03
116.52
24.49
27%
3.69
3.64
-0.05
-1%
3%
4%
20%
74.30
91.79
28.54
46.45
17.91
63%
7.38
9.88
2.50
34%
7%
10%
88%
33.03
56.96
12.70
26.15
13.45
106%
7.48
8.57
1.09
15%
8%
9%
21%
3,041.91
2,831.57
2,231.83
1,927.90
-303.93
-14%
12.60
9.40
-3.20
-25%
13%
9%
25%
59.61
88.05
18.79
39.19
20.40
109%
5.07
7.55
2.48
49%
5%
8%
45%
38.11
70.02
18.03
34.19
16.16
90%
4.91
5.99
1.08
22%
5%
7%
22%
61.24
79.49
36.34
51.11
14.77
41%
8.12
9.28
1.16
14%
8%
9%
42%
109.64
120.47
53.63
71.14
17.51
33%
7.20
6.44
-0.76
-11%
7%
7%
21%
130.55
159.80
56.49
77.54
21.05
37%
2.81
3.13
0.32
11%
3%
3%
6%
175.59
159.10
67.09
91.96
24.87
37%
4.23
5.59
1.36
32%
4%
6%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
65
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
263
362
Cheminova India Ltd
Chemicals & Petroleum Products
Pesticides
439.54
556.37
116.83
264
490
Steel Strips Wheels Ltd
Automobile Ancillaries
Wheels for automobiles
453.14
717.13
263.99
265
599
Bosch Chassis Systems India Ltd
Automobile Ancillaries
Brake assembly
652.12
914.80
262.68
266
147
Hetero Drugs Ltd
Pharmaceuticals
Drug formulations
1,541.61
1,741.43
199.82
267
569
Shrenuj & Co Ltd
Gems & Jewellery
Diamonds
1,038.93
1,574.19
535.26
268
0
Suryajyoti Spinning Mills Ltd
Clothing & Textiles
Cotton yarn
269.56
394.66
125.10
269
0
Vivimed Labs Ltd
Chemicals & Petroleum Products
Chemicals for photographic uses
210.59
309.81
99.22
2,079.48
2,381.52
302.04
1,402.40
2,018.83
616.43
270
32
Colgate-Palmolive (India) Ltd
Cosmetics & Soaps
Preparations for oral or dental hygiene
271
42
Balkrishna Industries Ltd
Rubber Products
Tyres
272
472
Solar Industries India Ltd
Chemicals & Petroleum Products
Industrial explosives
506.36
570.03
63.67
273
277
Jay Bharat Maruti Ltd
Automobile Ancillaries
Other automobile ancillaries
879.91
1,189.12
309.21
274
102
Shriram Pistons & Rings Ltd
Automobile Ancillaries
Pistons
809.04
929.56
120.52
275
398
Aarvee Denims & Exports Ltd
Clothing & Textiles
Denim
379.53
496.04
116.51
276
395
Panama Petrochem Ltd
Chemicals & Petroleum Products
Lube oils & lubricants
346.58
501.93
155.35
277
224
B A S F India Ltd
Diversified Manufacturing
Diversified
1,466.53
3,237.22
1,770.69
278
308
F C C Rico Ltd
Automobile Ancillaries
Clutch assembly
510.91
700.68
189.77
279
350
Gokul Refoils & Solvent Ltd
Food Products
Edible oils
2,821.38
4,539.83
1,718.45
280
0
Z F Steering Gear (India) Ltd
Automobile Ancillaries
Steering gears
234.54
328.88
94.34
281
593
Action Construction Equipment Ltd
Auto
Mobile cranes
440.91
714.59
273.68
282
505
A I A Engineering Ltd
Metal Products
Castings
845.84
1,024.34
178.50
627.22
938.42
311.20
283
372
Bharat Dynamics Ltd
Electrical & Electronic Goods
Defence communication equipment
284
0
Cheviot Co Ltd
Clothing & Textiles
Jute yarn
176.14
308.61
132.47
285
90
Automotive Axles Ltd
Automobile Ancillaries
Axle shafts
734.09
1,113.98
379.89
286
249
Akzo Nobel India Ltd
Chemicals & Petroleum Products
Decorative paints
1,114.50
1,323.00
208.50
248.14
302.02
53.88
758.36
1,056.86
298.50
287
0
Solvay Pharma India Ltd
Pharmaceuticals
Drugs, medicines & allied products
288
207
Gabriel India Ltd
Automobile Ancillaries
Shock absorbers
289
511
Force Motors Ltd
Auto
Automobiles
1,108.23
1,738.72
630.49
290
0
V-Guard Industries Ltd
Diversified Manufacturing
Diversified
462.57
737.75
275.18
291
103
Suzuki Powertrain India Ltd
Automobile Ancillaries
Automobile ancillaries
3,566.76
4,482.35
915.59
292
187
J B F Industries Ltd
Clothing & Textiles
Polyester chips & granules
2,846.58
3,860.65
1,014.07
293
366
Bilcare Ltd
Plastics & Polymers
Other plastic packaging goods
550.71
659.05
108.34
294
621
Gitanjali Exports Corporation Ltd
Gems & Jewellery
Diamonds
1,157.95
1,602.24
444.29
295
499
Vesuvius India Ltd
Glass, Ceramics & Refractories
Other refractories
384.47
476.12
91.65
296
0
Easy Fit Jewellery Pvt Ltd
Gems & Jewellery
Jewellery
352.49
425.33
72.84
66
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RS RSCrore Crore
Percentage
2009-10
2010-11 2010-11
27%
54.61
73.03
26.11
40.46
14.35
55%
5.53
7.19
1.66
58%
61.70
88.24
14.52
29.81
15.29
105%
3.51
4.19
40%
93.51
98.69
45.21
49.24
4.03
9%
4.82
13%
234.52
224.15
117.51
123.68
6.17
5%
52%
108.68
118.02
15.50
30.52
15.02
46%
35.87
64.89
3.66
21.22
47%
44.66
57.45
16.54
15%
524.70
557.51
44%
399.62
13%
2009-10
2010-11 2010-1
30%
6%
7%
0.68
19%
3%
4%
5.30
0.48
10%
7%
5%
7.55
7.70
0.15
2%
8%
7%
97%
1.47
1.94
0.47
32%
1%
2%
17.56
480%
1.34
5.27
3.93
293%
1%
5%
27.76
11.22
68%
7.78
9.40
1.62
21%
8%
9%
423.26
402.58
-20.68
-5%
19.50
16.40
-3.10
-16%
20%
17%
372.59
208.73
185.66
-23.07
-11%
14.45
9.11
-5.34
-37%
15%
9%
74.18
93.11
31.27
50.29
19.02
61%
5.87
8.50
2.63
45%
6%
9%
35%
78.15
99.63
21.01
38.30
17.29
82%
2.39
2.97
0.58
24%
2%
3%
15%
176.80
193.56
68.92
82.69
13.77
20%
8.36
8.69
0.33
4%
9%
9%
31%
73.50
87.14
22.97
33.44
10.47
46%
4.09
6.64
2.55
62%
6%
7%
45%
39.53
60.15
23.92
36.81
12.89
54%
6.80
7.28
0.48
7%
7%
7%
121%
180.25
207.40
96.81
117.83
21.02
22%
6.28
3.27
-3.01
-48%
7%
4%
37%
45.27
65.00
21.76
34.71
12.95
60%
4.07
4.98
0.91
22%
4%
5%
61%
134.00
176.28
42.95
61.98
19.03
44%
1.41
1.31
-0.10
-7%
2%
1%
40%
49.79
73.72
28.66
40.91
12.25
43%
11.72
12.08
0.36
3%
12%
12%
62%
42.06
66.17
24.44
40.58
16.14
66%
5.49
5.46
-0.03
-1%
6%
6%
21%
251.51
211.98
122.56
129.75
7.19
6%
14.27
12.46
-1.81
-13%
14%
13%
50%
79.07
121.06
33.77
51.70
17.93
53%
2.03
2.08
0.05
2%
5%
6%
75%
25.88
43.02
16.41
28.84
12.43
76%
8.60
9.03
0.43
5%
9%
9%
52%
90.74
116.88
44.07
57.56
13.49
31%
5.84
5.23
-0.61
-10%
6%
5%
19%
229.11
252.50
159.31
176.60
17.29
11%
12.86
8.94
-3.92
-30%
14%
13%
22%
65.72
79.42
40.03
50.85
10.82
27%
15.12
16.50
1.38
9%
16%
17%
39%
69.85
103.82
24.04
45.34
21.30
89%
3.24
3.33
0.09
3%
3%
4%
57%
101.77
150.65
60.42
58.62
-1.80
-3%
3.10
3.23
0.13
4%
5%
3%
59%
53.08
80.04
25.47
42.64
17.17
67%
5.50
5.29
-0.21
-4%
6%
6%
26%
544.76
705.47
91.80
119.50
27.70
30%
2.72
2.36
-0.36
-13%
3%
3%
36%
308.89
435.46
128.78
131.45
2.67
2%
3.71
3.34
-0.37
-10%
5%
3%
20%
165.75
207.15
75.47
87.04
11.57
15%
13.32
13.00
-0.32
-2%
14%
13%
38%
61.25
84.39
24.24
38.50
14.26
59%
2.09
2.40
0.31
15%
2%
2%
24%
74.85
92.58
37.38
48.85
11.47
31%
9.12
9.88
0.76
8%
10%
10%
21%
10.09
33.62
1.41
27.02
25.61
1816%
0.40
6.26
5.86
1465%
0%
6%
www.industry20.com
RS Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
67
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
623.71
756.29
132.58
297
0
V I P Industries Ltd
Plastics & Polymers
Moulded luggage
298
151
Prakash Industries Ltd
Iron & Steel
Finished Steel (Non-Alloy Steel)
1,690.81
1,821.20
130.39
299
5
Maruti Suzuki India Ltd
Auto
Passenger cars
32,233.60
40,965.30
8,731.70
300
594
Corporate Ispat Alloys Ltd
Metal Products
Iron & steel
348.31
566.33
218.02
301
239
S M L Isuzu Ltd
Auto
Light commercial vehicles
779.60
978.92
199.32
921.39
1,134.59
213.20
846.54
1,205.00
358.46
302
162
Carrier Airconditioning & Refrigeration Ltd
Electrical & Electronic Goods
Refrigerators, air conditioners, etc
303
405
Rohit Ferro-Tech Ltd
Iron & Steel
Ferro chromium
304
667
Usha Martin Ltd
Metal Products
Wires & ropes of iron & steel
1,960.03
2,742.24
782.21
931.50
1,156.73
225.23
5,733.05
5,620.59
-112.46
305
0
Sona Koyo Steering Systems Ltd
Automobile Ancillaries
Drive transmission & steering parts
306
572
Rashtriya Chemicals & Fertilizers Ltd
Chemical & Petroleum Products
Urea
307
0
Rajapalayam Mills Ltd
Clothing & Textiles
Cotton yarn
260.58
324.70
64.12
308
125
Bayer Cropscience Ltd
Chemicals & Petroleum Products
Pesticides
1,791.23
2,229.70
438.47
309
418
Cmi F P E Ltd
Machinery & Equipment
Metal rolling machines
401.20
437.06
35.86
310
0
Lumax Industries Ltd
Automobile Ancillaries
Auto head lights
695.04
953.67
258.63
311
0
Maral Overseas Ltd
Clothing & Textiles
Cotton yarn
200.63
509.42
308.79
312
653
Delphi-T V S Diesel Systems Ltd
Automobile Ancillaries
Fuel injection equipment
582.97
746.17
163.20
313
0
N C L Industries Ltd
Cement
Cement
285.44
464.75
179.31
314
0
I F B Agro Inds Ltd
Food Products
Beverages, spirits & vinegar
407.04
582.02
174.98
315
510
Shiva Texfabs Ltd
Clothing & Textiles
Acrylic filament yarn (AFY)
708.91
940.98
232.07
316
0
Zydus Wellness Ltd
Food Products
Margarine
267.52
335.50
67.98
317
0
G E I Industrial Systems Ltd
Machinery & Equipment
Heat exchangers
268.56
411.92
143.36
318
29
Greaves Cotton Ltd
Machinery & Equipment
Diesel engines
1,464.44
1,370.77
-93.67
319
589
Gujarat Alkalies & Chemicals Ltd
Chemicals & Petroleum Products
Sodium hydroxide (Caustic Soda)
1,406.83
1,565.61
158.78
320
0
Kirloskar Oil Engines Ltd
Machinery & Equipment
Diesel engines
2,370.46
2,566.45
195.99
321
0
Phillips Carbon Black Ltd
Chemicals & Petroleum Products
Carbon black
1,358.45
1,909.90
551.45
322
0
Ramkrishna Forgings Ltd
Iron & Steel
Automobile ancillaries
306.33
444.90
138.57
323
509
Genus Power Infrastructures Ltd
Diversified Manufacturing
Diversified
663.52
722.73
59.21
324
476
Astrazeneca Pharma India Ltd
Pharmaceuticals
Drug formulations
405.22
605.45
200.23
325
597
G K N Driveline (India) Ltd
Automobile Ancillaries
Axle housing/front axle assembly
476.66
639.40
162.74
326
134
Rane T R W Steering Systems Ltd
Automobile Ancillaries
Steering gears
434.99
621.11
186.12
327
0
Ginni Filaments Ltd
Clothing & Textiles
Cotton yarn
511.28
697.46
186.18
328
322
Bharat Aluminium Co Ltd
Non-Ferrous Metals
Aluminium unalloyed ingots
3,644.82
3,934.53
289.71
329
0
Vinati Organics Ltd
Chemicals & Petroleum Products
Organic chemicals
243.26
335.26
92.00
330
0
Lumax Auto Technologies Ltd
Automobile Ancillaries
Automobile ancillaries
236.88
358.17
121.29
68
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Percentage Percentage
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore) 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RS RSCrore Crore
Percentage
2009-10
2010-11 2010-11
2009-10
2010-11 2010-1
21%
96.96
127.32
50.05
62.02
11.97
24%
7.95
8.15
0.20
3%
8%
8%
8%
357.42
348.91
266.16
267.08
0.92
0%
15.87
14.37
-1.50
-9%
16%
15%
27%
4,469.70
4,152.70
2,497.60
2,288.60
-209.00
-8%
7.42
5.34
-2.08
-28%
8%
6%
63%
92.57
140.03
19.04
31.80
12.76
67%
5.27
5.48
0.21
4%
5%
6%
26%
59.01
72.32
21.46
36.56
15.10
70%
2.63
3.62
0.99
38%
3%
4%
23%
98.41
121.01
55.10
67.75
12.65
23%
5.29
5.32
0.03
1%
6%
6%
42%
110.34
144.47
34.17
46.19
12.02
35%
4.21
4.11
-0.10
-2%
4%
4%
40%
385.92
505.01
92.21
99.65
7.44
8%
4.10
3.35
-0.75
-18%
5%
4%
24%
89.39
109.70
21.65
37.41
15.76
73%
2.28
3.15
0.87
38%
2%
3%
-2%
617.22
568.28
234.87
245.12
10.25
4%
2.05
3.74
1.69
82%
4%
4%
25%
74.00
99.82
11.77
26.87
15.10
128%
4.41
7.86
3.45
78%
5%
8%
24%
240.25
249.96
127.25
131.54
4.29
3%
6.60
5.55
-1.05
-16%
7%
6%
9%
73.67
97.35
27.29
47.18
19.89
73%
3.58
6.65
3.07
86%
7%
11%
37%
72.13
61.49
5.93
17.97
12.04
203%
0.97
2.73
1.76
181%
1%
2%
154%
26.81
57.20
3.50
12.87
9.37
268%
1.61
3.27
1.66
103%
2%
3%
28%
90.62
124.22
4.34
23.52
19.18
442%
0.74
3.11
2.37
320%
1%
3%
63%
69.38
100.97
11.71
23.42
11.71
100%
4.07
4.88
0.81
20%
4%
5%
43%
17.50
36.56
4.42
17.82
13.40
303%
0.62
3.02
2.40
387%
1%
3%
33%
107.45
104.88
35.50
31.01
-4.49
-13%
0.24
3.13
2.89
1204%
5%
3%
25%
72.26
91.79
45.27
59.48
14.21
31%
17.25
17.14
-0.11
-1%
17%
18%
53%
38.87
62.82
14.29
24.40
10.11
71%
5.40
6.21
0.81
15%
5%
6%
-6%
217.29
214.26
117.97
127.28
9.31
8%
7.98
8.59
0.61
8%
8%
9%
11%
369.35
293.12
171.84
114.30
-57.54
-33%
6.32
7.02
0.70
11%
12%
7%
8%
382.56
361.97
164.01
173.73
9.72
6%
6.39
5.93
-0.46
-7%
7%
7%
41%
220.92
249.35
122.69
115.87
-6.82
-6%
8.04
5.97
-2.07
-26%
9%
6%
45%
47.78
74.73
10.89
22.06
11.17
103%
3.59
5.00
1.41
39%
4%
5%
9%
85.18
120.88
26.39
61.08
34.69
131%
7.00
7.46
0.46
7%
4%
8%
49%
96.03
112.97
57.62
64.13
6.51
11%
14.17
10.49
-3.68
-26%
14%
11%
34%
72.39
87.05
27.64
36.25
8.61
31%
5.13
5.54
0.41
8%
6%
6%
43%
79.21
93.20
40.25
50.98
10.73
27%
9.16
8.00
-1.16
-13%
9%
8%
36%
68.31
91.97
4.98
18.28
13.30
267%
0.91
2.80
1.89
208%
1%
3%
8%
1,003.92
902.82
535.97
440.85
-95.12
-18%
13.05
10.28
-2.77
-21%
15%
11%
38%
61.40
73.62
40.04
51.97
11.93
30%
16.20
15.27
-0.93
-6%
16%
16%
51%
13.65
30.03
6.77
17.90
11.13
164%
2.91
4.91
2.00
69%
3%
5%
www.industry20.com
RS Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
69
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
331
355
Indoco Remedies Ltd
Pharmaceuticals
Drug formulations
404.55
486.06
81.51
332
323
Rane (Madras) Ltd
Automobile Ancillaries
Steering gears
448.72
631.82
183.10
333
0
Wheels India Ltd
Automobile Ancillaries
Wheels for automobiles
1,338.96
1,824.42
485.46
334
0
Heavy Engineering Corpn Ltd
Machinery & Equipment
Metallurgical machinery
537.81
691.37
153.56
335
319
Shri Lakshmi Cotsyn Ltd
Clothing & Textiles
Cloth (Fabrics)
1,374.92
1,594.38
219.46
336
466
Usher Agro Ltd
Food Products
Rice
342.05
560.76
218.71
337
559
A P L Apollo Tubes Ltd
Metal Products
Tubes & pipes
407.26
643.37
236.11
338
188
National Fertilizers Ltd
Chemicals & Petroleum Products
Urea
5,069.44
5,839.44
770.00
339
0
Ludlow Jute & Specialities Ltd
Clothing & Textiles
Jute & jute products
195.21
317.16
121.95
919.75
983.44
63.69
5,514.80
6,354.07
839.27
340
288
Gharda Chemicals Ltd
Chemicals & Petroleum Products
Pesticides & pesticide intermediates
341
520
Tata Chemicals Ltd
Chemicals & Petroleum Products
Chemicals
342
114
Strides Arcolab Ltd
Pharmaceuticals
Drug formulations
782.97
527.81
-255.16
343
248
Precision Wires India Ltd
Wires & Cables
Copper winding wires
697.06
976.18
279.12
344
0
Secure Meters Ltd
Electrical Equipment
Meters electricity
668.41
587.11
-81.30
345
64
K R B L Ltd
Food Products
Rice
1,579.80
1,552.24
-27.56
346
0
India Glycols Ltd
Chemicals & Petroleum Products
Chemicals
1,353.13
1,835.66
482.53
347
344
Merck Ltd
Pharmaceuticals
Drug formulations
495.50
540.35
44.85
348
297
Bharat Petroleum Corpn Ltd
Chemicals & Petroleum Products
Middle distillates
131,499.72 163,218.21
31,718.49
349
0
Manugraph India Ltd
Machinery & Equipment
Printing machinery
218.85
320.31
101.46
350
44
Tata Motors Ltd
Auto
Commercial vehicles
38,161.87
51,953.37
13,791.50
351
0
Trident Ltd
Clothing & Textiles
Textiles
1,821.95
2,561.35
739.40
496.50
606.05
109.55
700.97
732.17
31.20
1,020.82
1,247.56
226.74
352
635
Sharon Bio-Medicine Ltd
Pharmaceuticals
Drugs, medicines & allied products
353
201
V A Tech Wabag Ltd
Machinery & Equipment
Water treatment plants
354
491
Nahar Industrial Enterprises Ltd
Clothing & Textiles
Cotton yarn
355
0
S T Cottex Exports Pvt Ltd
Clothing & Textiles
Cotton & blended yarn
221.01
399.36
178.35
356
465
Amrit Banaspati Co Ltd
Food Products
Vanaspati
807.79
1,009.98
202.19
357
0
S R S Ltd
Gems & Jewellery
Jewellery
1,310.59
2,044.43
733.84
358
17
Shree Renuka Sugars Ltd
Food Products
Sugar
5,634.06
5,634.06
-
359
454
Essel Propack Ltd
Plastics & Polymers
Plastic packaging goods
449.29
439.84
-9.45
360
501
Ucal Fuel Systems Ltd
Automobile Ancillaries
Carburettors
426.13
526.00
99.87
361
70
3M India Ltd
Diversified Manufacturing
Diversified
1,124.82
1,232.78
107.96
362
550
Vardhman Yarns & Threads Ltd
Clothing & Textiles
Cotton yarn & sewing threads
389.60
445.31
55.71
363
0
Jai Bharat Gum & Chemicals Ltd
Chemical & Petroleum Products
Guar gum
135.14
325.91
190.77
364
212
Mcnally Bharat Engg Co Ltd
Machinery & Equipment
Material handling equipment
1,486.15
1,761.78
275.63
70
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
20%
69.69
76.49
42.09
51.12
9.03
41%
35.76
46.15
13.81
24.58
36%
91.15
128.45
12.95
29%
162.74
71.87
16%
177.00
64%
PAT/NET SALES 2009-10
2010-11 2010-1
21%
9.91
10.32
0.41
4%
10%
11%
10.77
78%
3.00
3.79
0.79
26%
3%
4%
24.64
11.69
90%
0.96
1.27
0.31
32%
1%
1%
123.28
38.14
-85.14
-69%
1.49
4.43
2.94
197%
23%
6%
241.49
64.47
75.12
10.65
17%
4.66
4.71
0.05
1%
5%
5%
48.55
76.22
23.53
35.42
11.89
51%
6.86
6.36
-0.50
-7%
7%
6%
58%
40.49
57.81
17.24
25.38
8.14
47%
3.67
4.00
0.33
9%
4%
4%
15%
376.24
316.52
171.51
138.50
-33.01
-19%
2.33
2.69
0.36
15%
3%
2%
62%
11.43
26.87
3.34
14.53
11.19
335%
1.53
3.89
2.36
154%
2%
5%
7%
163.35
153.48
76.44
88.08
11.64
15%
8.24
8.37
0.13
2%
8%
9%
15%
1,112.09
997.02
434.78
408.49
-26.29
-6%
7.31
5.66
-1.65
-23%
8%
6%
-33%
226.19
230.38
105.51
73.56
-31.95
-30%
8.18
15.52
7.34
90%
13%
14%
40%
54.97
65.83
22.62
31.00
8.38
37%
2.91
3.22
0.31
11%
3%
3%
-12%
71.28
103.35
17.43
40.92
23.49
135%
2.46
6.88
4.42
180%
3%
7%
-2%
202.91
242.22
107.11
115.51
8.40
8%
6.74
7.33
0.59
9%
7%
7%
36%
163.13
224.64
20.00
25.64
5.64
28%
0.79
1.15
0.36
46%
1%
1%
9%
104.92
103.14
65.48
63.18
-2.30
-4%
12.33
13.74
1.41
11%
13%
12%
24%
5,743.18
5,296.46
1,537.53
1,546.53
9.00
1%
1.19
0.78
-0.41
-34%
1%
1%
46%
33.91
47.87
12.91
22.38
9.47
73%
6.49
7.29
0.80
12%
6%
7%
36%
6,398.45
5,280.66
2,240.08
1,811.82
-428.26
-19%
5.53
3.44
-2.09
-38%
6%
3%
41%
377.05
426.38
56.46
67.08
10.62
19%
2.88
2.28
-0.60
-21%
3%
3%
22%
53.76
71.79
18.72
31.17
12.45
67%
3.78
5.14
1.36
36%
4%
5%
4%
100.96
95.47
40.98
55.26
14.28
35%
5.86
6.91
1.05
18%
6%
8%
22%
156.74
227.34
19.47
34.11
14.64
75%
1.82
2.36
0.54
30%
2%
3%
81%
29.12
50.52
5.59
14.60
9.01
161%
2.51
3.68
1.17
47%
3%
4%
25%
19.98
40.86
7.98
22.06
14.08
176%
1.06
2.19
1.13
107%
1%
2%
56%
70.94
93.60
25.94
37.13
11.19
43%
2.08
1.83
-0.25
-12%
2%
2%
0%
725.34
725.34
410.05
410.05
0.00
0%
7.17
7.17
0.00
0%
7%
7%
-2%
184.49
149.29
34.55
44.08
9.53
28%
5.90
8.70
2.80
47%
8%
10%
23%
66.35
87.01
7.57
22.21
14.64
193%
1.11
3.81
2.70
243%
2%
4%
10%
164.88
172.18
92.84
98.81
5.97
6%
7.36
7.19
-0.17
-2%
8%
8%
14%
85.54
99.95
41.33
49.31
7.98
19%
10.44
10.90
0.46
4%
11%
11%
141%
5.13
21.22
1.26
9.75
8.49
674%
0.93
2.96
2.03
218%
1%
3%
19%
112.98
148.80
34.69
47.92
13.23
38%
2.29
2.51
0.22
10%
2%
3%
www.industry20.com
RS Crore Percentage Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
RS Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
71
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
365
157
Clariant Chemicals (India) Ltd
Diversified Manufacturing
Diversified
987.29
1,050.28
62.99
366
526
Omax Autos Ltd
Automobile Ancillaries
Auto sheet metal parts
965.03
1,313.98
348.95
367
49
Amara Raja Batteries Ltd
Electrical & Electronic Goods
Storage batteries
1,698.11
2,078.02
379.91
368
0
Fiem Industries Ltd
Automobile Ancillaries
Other auto lights
315.42
456.57
141.15
369
438
I S M T Ltd
Iron & Steel
Alloy steel
1,278.32
1,769.17
490.85
370
0
Chennai Petroleum Corpn Ltd
Chemicals & Petroleum Products
Petroleum products (Refineries)
29,898.95
39,054.89
9,155.94
371
446
Mirc Electronics Ltd
Electrical & Electronic Goods
Electronics
1,568.35
2,000.36
432.01
372
0
Johnson & Johnson Ltd
Chemicals & Petroleum Products
Chemicals
2,646.58
3,014.24
367.66
373
0
Privi Organics Ltd
Cosmetics & Soaps
Essential oils
272.70
378.13
105.43
374
692
Hatsun Agro Products Ltd
Food Products
Milk
1,141.28
1,355.79
214.51
375
629
Jayant Agro-Organics Ltd
Food Products
Castor oil
879.17
1,146.30
267.13
376
202
T V S Srichakra Ltd
Rubber Products
Tyres
755.25
1,186.81
431.56
377
0
Vishnu Chemicals Ltd
Chemicals & Petroleum Products
Chromates of sodium, potassium, zinc & lead
219.85
309.64
89.79
378
0
Megha Technical & Engineers Pvt Ltd
Cement
Cement
292.58
347.10
54.52
379
0
Nitin Spinners Ltd
Clothing & Textiles
Cotton yarn
299.27
407.05
107.78
380
0
Bajaj Corp Ltd
Cosmetics & Soaps
Hair oil
295.04
359.20
64.16
381
9
Jindal Saw Ltd
Metal Products
Tubes & pipes
6,968.22
4,344.66
-2,623.56
382
0
Alstom T & D India Ltd
Diversified Manufacturing
Diversified
3,737.26
4,280.35
543.09
383
146
Goodricke Group Ltd
Food Products
Tea
373.61
402.22
28.61
384
0
T D Power Systems Ltd
Electrical Equipment
AC generators
452.00
515.89
63.89
385
0
Universal Comfort Products Ltd
Electrical & Electronic Goods
Window airconditioner
332.16
491.67
159.51
386
0
Jindal Stainless Ltd
Iron & Steel
Flat products
6,102.47
7,308.16
1,205.69
387
0
Suprajit Engineering Ltd
Automobile Ancillaries
Automobile equipment
225.62
328.16
102.54
388
0
Apollo International Ltd
Diversified Manufacturing
Diversified
305.21
363.25
58.04
389
341
Vikas W S P Ltd
Chemical & Petroleum Products
Guar gum
459.40
546.16
86.76
390
0
Gloster Ltd
Clothing & Textiles
Jute & jute products
196.79
309.13
112.34
391
0
Ginni International Ltd
Clothing & Textiles
Cloth (Fabrics)
266.87
339.15
72.28
392
632
Renaissance Jewellery Ltd
Gems & Jewellery
Jewellery
475.85
605.72
129.87
393
408
Orient Paper & Inds Ltd
Cement
Portland slag cement
1,824.53
2,247.04
422.51
394
87
F D C Ltd
Pharmaceuticals
Drug formulations
633.70
710.46
76.76
395
36
Welspun Corp Ltd
Metal Products
Tubes & pipes
6,919.24
6,532.16
-387.08
396
280
Electrosteel Castings Ltd
Metal Products
Tubes & pipes
1,481.46
1,728.09
246.63
397
630
Dankuni Steels Ltd
Iron & Steel
Pig iron
564.37
647.92
83.55
398
140
Century Plyboards (India) Ltd
Paper & Wood Products
Plywood
806.89
1,080.97
274.08
72
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RS RSCrore Crore
6%
185.68
184.31
108.14
112.57
4.43
36%
84.04
94.85
14.20
21.29
22%
310.04
268.29
167.03
45%
34.41
41.93
38%
225.64
31%
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10
2010-11 2010-11
RS Crore Percentage Percentage
2009-10
2010-11 2010-1
4%
10.45
10.07
-0.38
-4%
11%
11%
7.09
50%
0.97
1.34
0.37
38%
1%
2%
148.10
-18.93
-11%
9.68
6.93
-2.75
-28%
10%
7%
10.75
11.43
0.68
6%
3.36
6.38
3.02
90%
3%
3%
280.54
74.61
75.36
0.75
1%
5.67
4.21
-1.46
-26%
6%
4%
1,236.40
1,326.33
603.22
511.52
-91.70
-15%
1.47
1.25
-0.22
-15%
2%
1%
28%
64.29
76.98
18.37
27.29
8.92
49%
1.03
1.27
0.24
23%
1%
1%
14%
326.37
309.16
173.90
176.68
2.78
2%
6.11
4.65
-1.46
-24%
7%
6%
39%
43.69
62.89
16.94
23.13
6.19
37%
5.13
6.01
0.88
17%
6%
6%
19%
67.45
96.01
2.69
18.75
16.06
597%
0.20
1.39
1.19
595%
0%
1%
30%
30.00
47.88
7.84
17.74
9.90
126%
0.89
1.53
0.64
72%
1%
2%
57%
70.78
102.65
29.82
39.17
9.35
31%
3.93
3.28
-0.65
-17%
4%
3%
41%
39.50
53.43
1.61
11.44
9.83
611%
1.11
4.91
3.80
342%
1%
4%
19%
47.25
38.03
28.94
36.43
7.49
26%
9.71
10.44
0.73
8%
10%
10%
36%
34.80
54.73
0.68
6.74
6.06
891%
0.09
6.84
6.75
7500%
0%
2%
22%
102.55
107.01
83.91
84.10
0.19
0%
27.95
27.34
-0.61
-2%
28%
23%
-38%
1,343.20
890.61
730.35
461.56
-268.79
-37%
10.14
10.18
0.04
0%
10%
11%
15%
456.57
526.32
192.00
186.74
-5.26
-3%
5.26
4.36
-0.90
-17%
5%
4%
8%
70.22
74.62
41.94
45.00
3.06
7%
8.97
10.47
1.50
17%
11%
11%
14%
64.44
80.23
33.02
41.64
8.62
26%
7.23
7.97
0.74
10%
7%
8%
48%
17.16
34.06
14.06
27.36
13.30
95%
5.71
5.64
-0.07
-1%
4%
6%
20%
1,348.88
1,204.03
378.48
318.34
-60.14
-16%
5.86
4.15
-1.71
-29%
6%
4%
45%
43.33
54.88
21.81
30.50
8.69
40%
9.55
9.22
-0.33
-3%
10%
9%
19%
21.16
43.60
9.19
22.68
13.49
147%
2.99
5.83
2.84
95%
3%
6%
19%
175.64
190.22
119.95
122.23
2.28
2%
25.96
22.28
-3.68
-14%
26%
22%
57%
23.04
32.22
9.75
14.08
4.33
44%
4.96
6.25
1.29
26%
5%
5%
27%
32.78
53.56
1.92
14.43
12.51
652%
0.50
4.75
4.25
850%
1%
4%
27%
38.26
49.64
23.43
33.00
9.57
41%
4.85
5.16
0.31
6%
5%
5%
23%
319.13
333.37
159.31
143.10
-16.21
-10%
8.71
5.95
-2.76
-32%
9%
6%
12%
193.79
198.41
148.82
148.75
-0.07
0%
22.63
20.26
-2.37
-10%
23%
21%
-6%
1,253.13
887.79
540.20
364.45
-175.75
-33%
7.81
8.36
0.55
7%
8%
6%
17%
441.96
353.28
205.99
154.64
-51.35
-25%
10.32
7.91
-2.41
-23%
14%
9%
15%
40.06
69.29
9.32
25.35
16.03
172%
1.65
3.90
2.25
136%
2%
4%
34%
130.70
115.57
80.95
75.44
-5.51
-7%
9.51
6.76
-2.75
-29%
10%
7%
www.industry20.com
Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
73
399
557
Cosmo Films Ltd
Plastics & Polymers
Biaxially oriented polypropylene (BOPP) film
400
12
Mcleod Russel India Ltd
Food Products
401
374
Rashtriya Ispat Nigam Ltd
402
89
Tide Water Oil Co (India) Ltd
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS RSCrore Crore
782.86
993.11
210.25
Tea
1,106.63
1,102.83
-3.80
Iron & Steel
Finished Steel (Non-Alloy Steel)
10,649.18
11,533.82
884.64
Chemicals & Petroleum Products
Lube oils & lubricants
751.58
861.42
109.84
311.93
357.27
45.34
403
555
Venus Remedies Ltd
Pharmaceuticals
Drugs, medicines & allied products
404
455
Mishra Dhatu Nigam Ltd
Iron & Steel
Ferro alloys
371.33
417.99
46.66
405
704
Deepak Nitrite Ltd
Chemicals & Petroleum Products
Chemicals
571.14
718.34
147.20
406
126
Syngenta India Ltd
Chemicals & Petroleum Products
Pesticides
1,823.58
2,150.00
326.42
407
0
Swaraj Engines Ltd
Machinery & Equipment
Diesel engines
306.44
398.08
91.64
408
78
Videocon Industries Ltd
Electrical & Electronic Goods
Television receivers
14,675.93
14,675.93
-
409
85
Goodyear India Ltd
Rubber Products
Tyres
1,072.03
1,383.10
311.07
753.85
849.81
95.96
686.48
928.98
242.50
410
75
Grindwell Norton Ltd
Non-metallic Mineral Products
Abrasive powder or grain on a base
411
115
Spicer India Ltd
Automobile Ancillaries
Axle shafts
412
447
Munjal Showa Ltd
Automobile Ancillaries
Shock absorbers
1,076.96
1,386.90
309.94
413
547
Vimal Oil & Foods Ltd
Food Products
Cotton seed oil
734.77
1,139.91
405.14
414
485
Ratnamani Metals & Tubes Ltd
Metal Products
Tubes & pipes
903.67
876.35
-27.32
220.39
337.93
117.54
415
0
Xpro India Ltd
Plastics & Polymers
Biaxially oriented polypropylene (BOPP) film
416
343
Rupa & Co Ltd
Clothing & Textiles
Apparels - knitted / crocheted
519.93
638.51
118.58
417
0
Behr India Ltd
Diversified Manufacturing
Diversified
333.83
505.70
171.87
418
0
Munjal Auto Inds Ltd
Automobile Ancillaries
Automobile ancillaries
325.36
570.56
245.20
419
503
B M W Industries Ltd
Metal Products
Tubes & pipes
511.93
679.82
167.89
420
247
Procter & Gamble Hygiene & Health Care Ltd
Cosmetics & Soaps
Cosmetics & toilet preparations
917.12
1,040.18
123.06
421
0
Precot Meridian Ltd
Clothing & Textiles
Cotton yarn
442.12
584.25
142.13
422
391
Telco Construction Equipment Co Ltd
Auto
Scrappers, shovels & excavators
2,093.17
2,663.71
570.54
423
568
Beekay Steel Inds Ltd
Iron & Steel
Bars & rods
332.62
458.83
126.21
424
218
Fenner (India) Ltd
Rubber Products
V belt
347.97
439.26
91.29
425
132
Sudarshan Chemical Inds Ltd
Chemicals & Petroleum Products
Pigments
601.91
751.79
149.88
426
539
Godrej Agrovet Ltd
Food Products
Animal and bird feeds
1,397.47
1,603.18
205.71
427
376
Minda Industries Ltd
Automobile Ancillaries
Automobile equipment
638.72
975.93
337.21
428
0
J M T Auto Ltd
Automobile Ancillaries
Automobile ancillaries
215.40
328.86
113.46
429
167
Indian Oil Corpn Ltd
Chemicals & Petroleum Products
Petroleum products (Refineries)
291,384.51
357,421.98
66,037.47
430
192
Navin Fluorine Intl Ltd
Chemicals & Petroleum Products
Aluminium fluoride
441.92
375.18
-66.74
431
142
Valvoline Cummins Ltd
Chemicals & Petroleum Products
Lube oils & lubricants
722.18
722.18
0.00
432
160
Nilkamal Ltd
Plastics & Polymers
Plastic injection moulding items
1,163.54
1,425.98
262.44
74
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
27%
107.77
117.07
44.60
51.52
6.92
0%
385.98
341.95
240.33
232.23
8%
1,602.68
1,460.59
796.67
15%
103.45
112.00
15%
75.88
13%
PAT/NET SALES 2009-10
2010-11 2010-1
16%
5.39
4.84
-0.55
-10%
6%
5%
-8.10
-3%
20.96
19.34
-1.62
-8%
22%
21%
658.49
-138.18
-17%
7.06
4.92
-2.14
-30%
7%
6%
57.79
64.16
6.37
11%
7.32
7.14
-0.18
-2%
8%
7%
91.36
41.05
47.48
6.43
16%
13.15
13.28
0.13
1%
13%
13%
78.68
91.27
44.62
50.42
5.80
13%
11.41
11.63
0.22
2%
12%
12%
26%
57.26
62.77
20.01
25.80
5.79
29%
3.10
3.82
0.72
23%
4%
4%
18%
295.31
296.95
178.53
151.66
-26.87
-15%
9.75
6.84
-2.91
-30%
10%
7%
30%
59.58
68.85
37.35
43.91
6.56
18%
11.80
10.81
-0.99
-8%
12%
11%
0%
2,893.60
2,893.60
738.91
738.91
0.00
0%
5.04
5.04
0.00
0%
5%
5%
29%
132.46
132.65
73.09
74.81
1.72
2%
6.71
4.78
-1.93
-29%
7%
5%
13%
149.28
143.01
87.51
85.63
-1.88
-2%
10.37
9.90
-0.47
-5%
12%
10%
35%
74.62
72.39
49.88
53.37
3.49
7%
7.24
5.66
-1.58
-22%
7%
6%
29%
72.21
89.67
24.61
34.02
9.41
38%
2.35
2.34
-0.01
0%
2%
2%
55%
24.95
38.50
5.32
10.35
5.03
95%
0.72
0.93
0.21
29%
1%
1%
-3%
178.31
168.96
81.43
83.17
1.74
2%
8.72
8.98
0.26
3%
9%
9%
53%
24.70
33.77
4.40
11.38
6.98
159%
1.19
2.93
1.74
146%
2%
3%
23%
46.11
67.83
24.14
32.02
7.88
33%
4.62
5.01
0.39
8%
5%
5%
51%
44.56
64.20
10.33
16.09
5.76
56%
2.75
3.32
0.57
21%
3%
3%
75%
28.81
45.31
15.78
24.83
9.05
57%
4.80
4.34
-0.46
-10%
5%
4%
33%
47.59
65.43
10.81
19.98
9.17
85%
2.20
2.77
0.57
26%
2%
3%
13%
257.19
202.43
179.77
150.88
-28.89
-16%
18.08
13.61
-4.47
-25%
20%
15%
32%
58.15
86.18
15.72
32.60
16.88
107%
5.73
5.32
-0.41
-7%
4%
6%
27%
218.77
225.62
103.67
95.20
-8.47
-8%
4.87
3.55
-1.32
-27%
5%
4%
38%
35.89
50.52
11.08
18.88
7.80
70%
3.24
3.85
0.61
19%
3%
4%
26%
81.85
93.29
39.11
47.27
8.16
21%
11.87
10.49
-1.38
-12%
11%
11%
25%
90.74
104.80
45.91
55.81
9.90
22%
7.63
6.15
-1.48
-19%
8%
7%
15%
52.35
59.39
21.71
29.80
8.09
37%
1.32
1.85
0.53
40%
2%
2%
53%
72.38
98.38
22.87
34.85
11.98
52%
3.61
2.71
-0.90
-25%
4%
4%
53%
44.63
54.10
3.53
9.82
6.29
178%
0.64
2.66
2.02
316%
2%
3%
23%
21,628.73
17,962.74
10,219.35
7,444.32
-2,775.03
-27%
3.30
1.90
-1.40
-42%
4%
2%
-15%
151.62
123.35
74.36
71.64
-2.72
-4%
16.60
17.22
0.62
4%
17%
19%
0%
119.96
119.96
76.74
76.74
0.00
0%
10.42
10.42
0.00
0%
11%
11%
23%
132.69
136.01
47.24
52.46
5.22
11%
4.06
3.60
-0.46
-11%
4%
4%
www.industry20.com
RS Crore Percentage Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
RS Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
75
433
133
Fedders Lloyd Corpn Ltd
Electrical & Electronic Goods
Air conditioning machines / systems
434
346
Balrampur Chini Mills Ltd
Food Products
Sugar
435
0
Supreme Tex Mart Ltd
Clothing & Textiles
436
471
Bharat Bijlee Ltd
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10 2009-10
2010-11 2010-11
RS RSCrore Crore
699.30
862.95
163.65
3,065.04
3,065.04
0.00
Synthetic staple fibres, not carded or combed
365.75
565.72
199.97
Electrical Equipment
Transformers
712.00
769.02
57.02
455.44
571.02
115.58
482.32
564.04
81.72
437
331
Prakash Steelage Ltd
Iron & Steel
Stainless steel flat rolled products
438
577
Provogue (India) Ltd
Clothing & Textiles
Cloth (Fabrics)
439
423
G H C L Ltd
Chemicals & Petroleum Products
Sodium carbonate (Soda Ash)
1,278.87
1,583.64
304.77
440
172
Jubilant Life Sciences Ltd
Chemicals & Petroleum Products
Organic chemicals
2,540.79
2,281.71
-259.08
441
0
Sri Chamundeswari Sugars Ltd
Food Products
Sugar
202.06
363.42
161.36
442
130
Kirloskar Ferrous Inds Ltd
Iron & Steel
Pig iron
874.76
1,203.06
328.30
443
211
Graphite India Ltd
Glass, Ceramics & Refractories
Graphite carbon bricks
1,181.36
1,283.39
102.03
444
369
Amtek Auto Ltd
Automobile Ancillaries
Automobile ancillaries
1,277.70
1,799.60
521.90
445
241
Pradip Overseas Ltd
Clothing & Textiles
Cloth processed
1,609.51
2,146.28
536.77
446
0
Astral Poly Technik Ltd
Plastics & Polymers
Tubes, pipes & hoses of polyethylene
304.52
436.76
132.24
447
367
Paper Products Ltd
Plastics & Polymers
Flexible packaging materials
626.27
770.36
144.09
448
0
J B M Auto Ltd
Automobile Ancillaries
Auto sheet metal parts
259.03
404.96
145.93
449
487
Philips Electronics India Ltd
Electrical & Electronic Goods
Lamps
3,271.70
3,736.60
464.90
450
409
Amar Remedies Ltd
Cosmetics & Soaps
Tooth paste
473.10
578.41
105.31
451
0
Damodar Threads Ltd
Clothing & Textiles
Cotton & blended yarn, processed
241.80
383.17
141.37
452
678
J V L Agro Inds Ltd
Food Products
Fats, oils and derived products
1,234.14
2,180.79
946.65
453
62
Honeywell Automation India Ltd
Electrical & Electronic Goods
Process control equipment
1,194.23
1,374.12
179.89
454
0
Balaji Amines Ltd
Chemicals & Petroleum Products
Other amine function compounds
278.43
386.48
108.05
455
663
Sarda Energy & Minerals Ltd
Iron & Steel
Ferro alloys
557.12
952.67
395.55
456
221
United Phosphorus Ltd
Chemicals & Petroleum Products
Pesticides
2,798.40
3,198.26
399.86
457
494
Tilaknagar Industries Ltd
Food Products
Indian made foreign liquors
484.84
410.59
-74.25
458
215
Kalyani Steels Ltd
Iron & Steel
Finished Steel (Non-Alloy Steel)
1,185.24
1,447.37
262.13
459
564
Su-Kam Power Systems Ltd
Electrical & Electronic Goods
Uninterrupted power supplies
397.49
621.32
223.83
3,922.81
4,057.67
134.86
460
163
K E C International Ltd
Metal Products
Transmission towers & structurals
461
433
Natco Pharma Ltd
Pharmaceuticals
Drug formulations
313.57
352.72
39.15
462
228
V S T Tillers Tractors Ltd
Auto
Power tillers
346.35
428.21
81.86
463
584
Uttam Galva Steels Ltd
Iron & Steel
Flat products
4,696.18
5,307.29
611.11
464
33
Ess Dee Aluminium Ltd
Non-Ferrous Metals
Aluminium foils
566.77
692.25
125.48
465
0
G M Breweries Ltd
Food Products
Country liquor
613.19
670.44
57.25
466
0
Kei Industries Ltd
Wires & Cables
Cables & other conductors
973.88
1,256.26
282.38
76
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11
RS RSCrore Crore
Percentage
2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-1
23%
79.16
96.63
40.07
46.51
6.44
16%
5.73
5.19
-0.54
-9%
6%
5%
0%
553.04
553.04
165.19
165.19
0.00
0%
5.71
5.71
0.00
0%
5%
5%
55%
48.13
79.76
4.47
9.57
5.10
114%
1.19
1.74
0.55
46%
1%
2%
8%
78.70
113.16
41.22
73.53
32.31
78%
5.65
4.98
-0.67
-12%
6%
10%
25%
45.33
59.17
17.63
24.88
7.25
41%
3.79
4.20
0.41
11%
4%
4%
17%
73.82
88.64
28.35
33.41
5.06
18%
5.58
6.07
0.49
9%
6%
6%
24%
303.96
352.02
121.59
98.35
-23.24
-19%
9.36
5.99
-3.37
-36%
10%
6%
-10%
661.44
479.16
363.10
279.63
-83.47
-23%
13.74
12.39
-1.35
-10%
14%
12%
80%
57.34
77.38
11.53
18.04
6.51
56%
3.23
3.30
0.07
2%
6%
5%
38%
104.38
104.89
49.62
49.48
-0.14
0%
5.34
3.84
-1.50
-28%
6%
4%
9%
411.80
300.75
232.16
172.32
-59.84
-26%
19.02
12.83
-6.19
-33%
20%
13%
41%
491.82
654.80
143.06
81.82
-61.24
-43%
9.30
4.15
-5.15
-55%
11%
5%
33%
184.38
211.30
66.69
66.36
-0.33
0%
4.27
2.73
-1.54
-36%
4%
3%
43%
47.38
57.24
28.03
33.59
5.56
20%
8.82
7.21
-1.61
-18%
9%
8%
23%
84.43
92.89
37.38
48.05
10.67
29%
5.15
4.36
-0.79
-15%
6%
6%
56%
31.86
41.05
8.24
12.96
4.72
57%
2.82
3.26
0.44
16%
3%
3%
14%
293.50
257.00
117.50
88.90
-28.60
-24%
2.16
2.10
-0.06
-3%
4%
2%
22%
69.86
85.28
32.25
38.05
5.80
18%
6.82
6.57
-0.25
-4%
7%
7%
58%
24.39
32.12
2.97
8.20
5.23
176%
1.23
2.13
0.90
73%
1%
2%
77%
63.11
67.67
29.22
31.46
2.24
8%
2.35
1.44
-0.91
-39%
2%
1%
15%
213.37
167.61
132.79
105.05
-27.74
-21%
11.40
8.17
-3.23
-28%
11%
8%
39%
48.11
64.80
20.65
26.61
5.96
29%
7.28
6.84
-0.44
-6%
7%
7%
71%
137.70
160.73
63.20
49.67
-13.53
-21%
10.40
4.91
-5.49
-53%
11%
5%
14%
480.21
621.44
181.29
157.50
-23.79
-13%
5.06
3.38
-1.68
-33%
6%
5%
-15%
80.30
105.29
33.12
34.90
1.78
5%
6.36
8.28
1.92
30%
7%
8%
22%
108.69
122.65
43.34
54.71
11.37
26%
4.55
3.22
-1.33
-29%
4%
4%
56%
48.03
54.99
11.01
17.23
6.22
56%
2.76
2.73
-0.03
-1%
3%
3%
3%
481.49
453.42
170.99
147.21
-23.78
-14%
3.86
3.78
-0.08
-2%
4%
4%
12%
97.92
100.86
47.66
52.12
4.46
9%
15.42
14.55
-0.87
-6%
15%
15%
24%
66.43
74.23
42.33
46.19
3.86
9%
12.13
10.37
-1.76
-15%
12%
11%
13%
432.87
439.06
57.13
70.65
13.52
24%
2.18
1.44
-0.74
-34%
1%
1%
22%
156.12
180.13
181.93
107.56
-74.37
-41%
31.13
13.78
-17.35
-56%
32%
16%
9%
15.76
37.96
6.60
21.03
14.43
219%
1.08
2.92
1.84
170%
1%
3%
29%
77.37
95.12
14.23
10.56
-3.67
-26%
0.37
0.81
0.44
119%
1%
1%
www.industry20.com
Crore Percentage Percentage RSRS Crore
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
77
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
8,803.17
8,609.29
-193.88
467
28
A C C Ltd
Cement
Cement
468
0
Welspun Syntex Ltd
Clothing & Textiles
Polyester filament yarn (PFY)
381.47
531.78
150.31
469
0
Nandan Exim Ltd
Clothing & Textiles
Denim
385.47
520.39
134.92
470
96
Gillette India Ltd
Metal Products
Razors & razor blades
862.98
1,072.93
209.95
471
0
Premium Transmission Ltd
Machinery & Equipment
Gears
345.77
305.86
-39.91
626.35
665.15
38.80
472
72
Jyothy Laboratories Ltd
Cosmetics & Soaps
Cosmetics, toilet preparations, soap
473
0
T R L Krosaki Refractories Ltd
Glass, Ceramics & Refractories
Other refractories
863.55
921.25
57.70
474
679
Rico Auto Inds Ltd
Automobile Ancillaries
Automobile ancillaries
789.55
1,022.55
233.00
475
0
Automotive Stampings & Assemblies Ltd
Automobile Ancillaries
Auto sheet metal parts
452.15
591.52
139.37
476
0
Asian Ppg Inds Ltd
Chemicals & Petroleum Products
Industrial paints
477.17
616.80
139.63
477
0
P G Electroplast Ltd
Electrical & Electronic Goods
Consumer electronic products
371.36
448.20
76.84
478
0
Vikash Metal & Power Ltd
Metal Products
Iron & steel
707.71
879.98
172.27
479
0
D C M Ltd
Clothing & Textiles
Cotton & blended yarn
238.71
311.10
72.39
480
345
Adhunik Metaliks Ltd
Metal Products
Iron & steel
1,356.65
1,565.66
209.01
481
0
Autoline Industries Ltd
Automobile Ancillaries
Auto sheet metal parts
302.12
538.23
236.11
482
313
Unichem Laboratories Ltd
Pharmaceuticals
Drug formulations
693.51
770.23
76.72
483
0
Neosym Industry Ltd
Non-Ferrous Metals
Non-ferrous metals
427.15
582.43
155.28
484
0
Finolex Industries Ltd
Chemical & Petroleum Products
Plastics & Rubbers
1,592.49
2,191.65
599.16
485
0
Arvind Remedies Ltd
Pharmaceuticals
Drug formulations
309.24
377.53
68.29
486
27
Birla Corporation Ltd
Cement
Cement
2,391.34
2,420.36
29.02
487
92
Alfa Laval (India) Ltd
Machinery & Equipment
Food & beverage machinery
919.05
874.20
-44.85
488
0
Kesar Enterprises Ltd
Food Products
Sugar
266.42
496.27
229.85
489
419
Excel Crop Care Ltd
Chemicals & Petroleum Products
Pesticides
666.41
766.28
99.87
490
257
Blue Star Ltd
Electrical & Electronic Goods
Refrigerators, air conditioners, etc
2,557.56
2,886.09
328.53
491
173
Abbott India Ltd
Pharmaceuticals
Drug formulations
812.89
1,045.96
233.07
492
0
Jindal Worldwide Ltd
Clothing & Textiles
Denim
290.80
366.85
76.05
493
0
Nava Bharat Ventures Ltd
Iron & Steel
Ferro chromium
1,202.12
1,105.53
-96.59
494
184
Escorts Ltd
Auto
Tractors
2,776.79
3,249.72
472.93
495
0
T T Ltd
Clothing & Textiles
Cotton & blended yarn
353.62
486.72
133.10
496
0
T T K Healthcare Ltd
Pharmaceuticals
Drug formulations
252.43
310.30
57.87
497
0
Rane Brake Lining Ltd
Automobile Ancillaries
Brake linings
257.50
339.35
81.85
498
363
Transpek-Silox Industry Ltd
Non-Ferrous Metals
Zinc products
344.76
422.75
77.99
499
0
Tata Autocomp Systems Ltd
Automobile Ancillaries
Auto plastic moulded components
976.60
950.55
-26.05
500
0
Samsonite South Asia Pvt Ltd
Plastics & Polymers
Moulded luggage
281.92
434.25
152.33
78
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 2010-1
-2%
2,773.64
2,068.81
1,606.73
1,120.94
-485.79
-30%
17.26
11.07
-6.19
-36%
18%
13%
39%
28.04
36.37
7.13
12.81
5.68
80%
1.85
2.30
0.45
24%
2%
2%
35%
69.54
80.52
11.58
17.35
5.77
50%
3.05
3.35
0.30
10%
3%
3%
24%
231.95
162.21
137.09
86.15
-50.94
-37%
15.38
7.60
-7.78
-51%
16%
8%
-12%
62.26
59.51
27.79
30.29
2.50
9%
8.35
9.89
1.54
18%
8%
10%
6%
119.43
108.17
80.05
80.27
0.22
0%
11.53
10.27
-1.26
-11%
13%
12%
7%
92.08
97.76
38.47
42.69
4.22
11%
4.01
4.43
0.42
10%
4%
5%
30%
93.13
134.37
6.07
26.51
20.44
337%
0.82
0.74
-0.08
-10%
1%
3%
31%
28.19
33.88
5.15
10.17
5.02
97%
0.87
1.66
0.79
91%
1%
2%
29%
50.44
53.68
28.52
32.92
4.40
15%
5.87
5.29
-0.58
-10%
6%
5%
21%
18.20
30.83
9.86
17.85
7.99
81%
2.73
3.82
1.09
40%
3%
4%
24%
41.65
52.23
3.72
10.16
6.44
173%
0.59
1.14
0.55
93%
1%
1%
30%
75.66
62.51
65.70
25.76
-39.94
-61%
7.46
7.90
0.44
6%
28%
8%
15%
278.47
337.08
53.91
56.86
2.95
5%
3.86
3.41
-0.45
-12%
4%
4%
78%
38.01
60.25
13.51
20.06
6.55
48%
4.43
3.72
-0.71
-16%
4%
4%
11%
195.27
171.15
133.95
108.50
-25.45
-19%
18.48
13.91
-4.57
-25%
19%
14%
36%
24.06
30.52
5.62
8.70
3.08
55%
0.71
1.41
0.70
99%
1%
1%
38%
380.17
265.51
132.32
76.17
-56.15
-42%
8.31
3.45
-4.86
-58%
8%
3%
22%
31.60
41.61
10.64
16.90
6.26
59%
3.46
4.49
1.03
30%
3%
4%
1%
843.56
555.81
557.18
319.88
-237.30
-43%
21.70
12.41
-9.29
-43%
23%
13%
-5%
216.90
185.11
123.34
108.12
-15.22
-12%
13.09
11.93
-1.16
-9%
13%
12%
86%
28.07
26.36
4.43
3.62
-0.81
-18%
0.13
0.63
0.50
385%
2%
1%
15%
80.00
96.75
37.44
43.68
6.24
17%
5.20
4.95
-0.25
-5%
6%
6%
13%
336.19
299.50
211.49
155.00
-56.49
-27%
8.07
4.42
-3.65
-45%
8%
5%
29%
127.23
106.26
77.51
60.94
-16.57
-21%
9.35
5.64
-3.71
-40%
10%
6%
26%
24.31
36.22
7.17
13.30
6.13
85%
2.49
3.62
1.13
45%
2%
4%
-8%
572.69
371.35
498.68
303.79
-194.89
-39%
35.14
26.70
-8.44
-24%
41%
27%
17%
291.97
262.86
137.55
120.09
-17.46
-13%
3.69
2.18
-1.51
-41%
5%
4%
38%
37.04
59.03
10.47
15.79
5.32
51%
3.03
3.24
0.21
7%
3%
3%
23%
19.39
26.44
9.13
14.72
5.59
61%
3.57
4.65
1.08
30%
4%
5%
32%
30.88
37.06
10.09
15.28
5.19
51%
3.58
4.03
0.45
13%
4%
5%
23%
60.33
60.12
33.86
36.20
2.34
7%
9.10
8.31
-0.79
-9%
10%
9%
-3%
152.16
141.14
41.78
54.10
12.32
29%
3.84
3.92
0.08
2%
4%
6%
54%
39.14
45.76
16.48
21.97
5.49
33%
5.90
5.00
-0.90
-15%
6%
5%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
79
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
501
0
Aquamall Water Solutions Ltd
Electrical & Electronic Goods
Water filters
287.77
332.14
44.37
502
0
B C L Industries & Infrastructures Ltd
Food Products
Fats, oils and derived products
304.98
480.45
175.47
503
0
Vardhman Acrylics Ltd
Clothing & Textiles
Acrylic fibre
286.82
430.42
143.60
504
668
Nocil Ltd
Chemicals & Petroleum Products
Rubber chemicals
464.44
484.28
19.84
505
615
Aarti Industries Ltd
Chemicals & Petroleum Products
Dinitrochlorobenzene
1,337.75
1,537.70
199.95
506
0
Swelect Energy Systems Ltd
Electrical & Electronic Goods
Uninterrupted power supplies
457.52
510.43
52.91
507
385
Honda Siel Power Products Ltd
Electrical Equipment
Portable generating sets
322.89
435.17
112.28
508
458
Esab India Ltd
Electrical Equipment
Welding electrodes / sticks
455.57
548.55
92.98
509
0
Ruchi Strips & Alloys Ltd
Iron & Steel
Cold rolled coils, strips, sheets
694.83
1,046.80
351.97
510
258
Everest Industries Ltd
Non-metallic Mineral Products
Asbestos-cement products
682.21
763.19
80.98
511
360
Raymond Apparel Ltd
Clothing & Textiles
Apparels (Readymade garment)
406.70
469.84
63.14
512
0
Bright Autoplast Ltd
Automobile Ancillaries
Auto plastic moulded components
223.11
314.83
91.72
513
0
Gitanjali Brands Ltd
Gems & Jewellery
Jewellery
915.02
1,339.66
424.64
514
195
Sujana Towers Ltd
Iron & Steel
Flat products
1,749.13
1,749.13
0.00
515
0
S W A L Corporation Ltd
Chemicals & Petroleum Products
Fertilisers
303.26
426.48
123.22
516
0
Rane Engine Valve Ltd
Automobile Ancillaries
Engine valves
251.08
310.38
59.30
517
0
Amalgamated Bean Coffee Trading Co Ltd
Food Products
Coffee
629.29
961.55
332.26
518
431
Avon Cycles Ltd
Auto
Bicycles
398.62
422.80
24.18
519
556
Bharat Seats Ltd
Automobile Ancillaries
Auto seating systems
367.64
489.03
121.39
520
16
Tata Global Beverages Ltd
Food Products
Tea
1,705.62
1,800.37
94.75
2,305.59
2,636.71
331.12
521
0
National Steel & Agro Inds Ltd
Iron & Steel
Clad, plated or coated flat rolled products
522
289
Ramco Industries Ltd
Non-metallic Mineral Products
Asbestos-cement products
551.95
618.32
66.37
523
295
Insecticides (India) Ltd
Chemicals & Petroleum Products
Insecticides
397.05
477.90
80.85
524
0
Nagreeka Exports Ltd
Clothing & Textiles
Cotton yarn
417.06
560.60
143.54
525
417
Crew B O S Products Ltd
Clothing & Textiles
Leather Products
446.46
620.81
174.35
526
79
Century Textiles & Inds Ltd
Cement
Cement
4,980.26
5,274.14
293.88
527
110
O C L India Ltd
Cement
Cement
1,509.30
1,657.85
148.55
528
0
Ghatge Patil Inds Ltd
Automobile Ancillaries
Auto castings
234.04
338.81
104.77
529
0
Goenka Diamond & Jewels Ltd
Gems & Jewellery
Diamonds
536.84
560.99
24.15
530
352
I F B Industries Ltd
Diversified Manufacturing
Diversified
644.93
816.93
172.00
531
528
Compuage Infocom Ltd
Electrical & Electronic Goods
Computer peripherals
1,087.80
1,373.91
286.11
452.50
502.23
49.73
532
601
Garware-Wall Ropes Ltd
Clothing & Textiles
Sanitary towels, twine, cordage, etc
533
574
Claris Lifesciences Ltd
Pharmaceuticals
Drug formulations
638.24
630.34
-7.90
534
720
Rathi Steel & Power Ltd
Iron & Steel
Bars & rods
779.01
845.39
66.38
80
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RS RSCrore Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
15%
40.54
45.31
25.65
29.58
3.93
15%
8.83
8.85
0.02
58%
11.93
16.40
2.13
5.21
3.08
145%
0.67
1.12
50%
68.65
68.20
43.44
37.64
-5.80
-13%
15.41
4%
65.96
56.89
34.03
33.32
-0.71
-2%
15%
207.97
197.92
70.02
66.68
-3.34
12%
57.75
59.95
36.79
40.22
35%
27.62
53.62
12.69
20%
109.66
100.81
51%
29.08
12%
2009-10
2010-11 2010-1
0%
9%
9%
0.45
67%
1%
1%
8.62
-6.79
-44%
15%
9%
5.47
6.38
0.91
17%
7%
7%
-5%
5.21
4.27
-0.94
-18%
5%
4%
3.43
9%
7.99
7.83
-0.16
-2%
8%
8%
29.66
16.97
134%
9.58
6.44
-3.14
-33%
4%
7%
66.18
58.96
-7.22
-11%
14.22
10.51
-3.71
-26%
15%
11%
43.37
3.24
12.59
9.35
289%
0.46
0.37
-0.09
-20%
0%
1%
74.52
84.29
30.01
40.72
10.71
36%
4.27
4.15
-0.12
-3%
4%
5%
16%
51.18
42.35
34.49
22.64
-11.85
-34%
4.79
6.12
1.33
28%
8%
5%
41%
26.21
43.40
0.62
5.63
5.01
808%
0.28
1.67
1.39
496%
0%
2%
46%
26.19
51.49
8.05
22.07
14.02
174%
0.88
0.32
-0.56
-64%
1%
2%
0%
240.52
240.52
78.61
78.61
0.00
0%
4.72
4.72
0.00
0%
4%
4%
41%
6.47
12.74
2.90
7.05
4.15
143%
0.89
1.52
0.63
71%
1%
2%
24%
30.76
41.20
4.30
10.80
6.50
151%
1.38
3.14
1.76
128%
2%
3%
53%
135.93
154.21
12.81
16.11
3.30
26%
2.03
1.65
-0.38
-19%
2%
2%
6%
60.05
65.13
30.99
33.83
2.84
9%
7.49
7.77
0.28
4%
8%
8%
33%
9.26
18.52
3.84
8.23
4.39
114%
1.05
1.72
0.67
64%
1%
2%
6%
573.76
294.44
392.56
182.80
-209.76
-53%
18.41
8.66
-9.75
-53%
23%
10%
14%
126.76
141.22
25.00
32.24
7.24
29%
1.39
1.22
-0.17
-12%
1%
1%
12%
119.55
119.28
53.60
53.21
-0.39
-1%
9.46
8.41
-1.05
-11%
10%
9%
20%
36.79
45.31
28.22
32.22
4.00
14%
7.12
6.76
-0.36
-5%
7%
7%
34%
27.14
32.28
1.94
6.16
4.22
218%
0.58
1.07
0.49
84%
0%
1%
39%
67.35
84.59
18.57
22.43
3.86
21%
4.18
3.65
-0.53
-13%
4%
4%
6%
881.03
750.01
339.47
237.49
-101.98
-30%
6.75
3.61
-3.14
-47%
7%
5%
10%
422.52
338.71
163.70
114.47
-49.23
-30%
10.68
6.57
-4.11
-38%
11%
7%
45%
33.40
37.81
10.35
14.31
3.96
38%
4.14
4.19
0.05
1%
4%
4%
4%
51.26
58.98
41.18
42.96
1.78
4%
7.67
7.60
-0.07
-1%
8%
8%
27%
68.50
83.93
53.76
50.31
-3.45
-6%
7.20
4.75
-2.45
-34%
8%
6%
26%
20.08
25.13
6.29
8.67
2.38
38%
0.58
0.63
0.05
9%
1%
1%
11%
49.76
55.68
19.38
24.43
5.05
26%
4.27
4.84
0.57
13%
4%
5%
-1%
233.84
204.14
90.32
79.02
-11.30
-13%
10.88
9.67
-1.21
-11%
14%
13%
9%
54.93
69.91
4.38
14.05
9.67
221%
0.50
1.51
1.01
202%
1%
2%
www.industry20.com
Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
81
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
396.04
473.60
77.56
535
412
Technocraft Industries (India) Ltd
Diversified Manufacturing
Diversified
536
0
Polycab Wires Pvt Ltd
Wires & Cables
Wires & cables, insulated
2,759.47
3,583.41
823.94
537
191
Hindusthan National Glass & Inds Ltd
Glass, Ceramics & Refractories
Bottles
1,451.89
1,677.86
225.97
538
113
H E G Ltd
Glass, Ceramics & Refractories
Graphite carbon bricks
1,154.65
1,140.24
-14.41
885.15
980.85
95.70
539
662
Manaksia Ltd
Non-Ferrous Metals
Aluminium plates, sheets & strips
540
13
Apollo Tyres Ltd
Rubber Products
Tyres
5,439.95
6,026.44
586.49
541
0
Baramati Agro Ltd
Food Products
Sugar
286.91
530.88
243.97
542
80
Sunflag Iron & Steel Co Ltd
Iron & Steel
Other alloy steels
1,454.35
1,702.55
248.20
543
548
Ion Exchange (India) Ltd
Machinery & Equipment
Water treatment plants
516.51
598.67
82.16
544
0
Manali Petrochemicals Ltd
Chemicals & Petroleum Products
Organic chemicals
420.75
497.64
76.89
545
0
Suashish Diamonds Ltd
Gems & Jewellery
Diamonds
1,246.65
1,022.44
-224.21
546
0
Bodal Chemicals Ltd
Chemicals & Petroleum Products
Chemicals
524.93
634.75
109.82
547
0
Raj Rayon Industries Ltd
Clothing & Textiles
Textured yarn of synthetic filament yarn
347.71
466.02
118.31
548
0
Associated Pigments Ltd
Non-Ferrous Metals
Lead containing antimony
302.52
424.73
122.21
683.27
790.26
106.99
267.53
359.33
91.80
549
356
Lloyd Electric & Engineering Ltd
Electrical & Electronic Goods
Refrigerators, air conditioners, etc
550
0
Bharat Gears Ltd
Automobile Ancillaries
Gears including crown wheels
551
190
J K Tyre & Inds Ltd
Rubber Products
Tyres
3,983.12
5,259.38
1,276.26
552
0
Talbros Automotive Components Ltd
Automobile Ancillaries
Gaskets
247.02
324.47
77.45
553
451
Bajaj Hindusthan Ltd
Food Products
Sugar
2,976.70
5,012.69
2,035.99
554
294
Cement Manufacturing Co Ltd
Cement
Cement
327.36
345.04
17.68
555
422
Amrit Feeds Ltd
Food Products
Poultry feed
608.79
755.51
146.72
556
0
Nile Ltd
Non-Ferrous Metals
Other fabricated metal products
153.16
322.70
169.54
557
669
Adani Wilmar Ltd
Food Products
Edible oils
6,122.38
8,559.66
2,437.28
558
351
Somany Ceramics Ltd
Glass, Ceramics & Refractories
Ceramic tiles
563.06
751.89
188.83
559
0
Tata Toyo Radiator Ltd
Automobile Ancillaries
Radiators
444.78
560.28
115.50
560
0
Vardhman Industries Ltd
Iron & Steel
Cold rolled coils, strips, sheets
284.43
339.55
55.12
561
235
Subros Ltd
Automobile Ancillaries
Automobile ancillaries
983.83
1,203.12
219.29
562
571
S K M Animal Feeds & Foods (India) Ltd
Food Products
Poultry feed
568.78
700.70
131.92
563
0
Financial Technologies (India) Ltd
Diversified Manufacturing
Diversified
332.52
352.60
20.08
564
0
Jyoti Ltd (Duplicate Name, Gujarat)
Electrical Equipment
Motors & generators
299.04
395.11
96.07
565
0
K G Denim Ltd
Clothing & Textiles
Cloth (Fabrics)
272.35
345.86
73.51
566
0
Falcon Marine Exports Ltd
Food Products
Fish, crustaceans & molluscus
246.14
330.83
84.69
567
604
Tamilnadu Petroproducts Ltd
Chemicals & Petroleum Products
Linear alkyl benzene
978.65
1,189.34
210.69
568
109
Century Enka Ltd
Clothing & Textiles
Synthetic filament yarn
1,333.34
1,492.02
158.68
82
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
20%
73.52
93.64
29.60
33.44
3.84
30%
310.54
236.99
113.96
70.16
16%
321.98
278.63
155.20
-1%
353.25
264.84
11%
111.65
11%
PAT/NET SALES 2009-10
2010-11 2010-1
13%
6.52
6.05
-0.47
-7%
7%
7%
-43.80
-38%
4.08
1.35
-2.73
-67%
4%
2%
86.70
-68.50
-44%
9.61
5.50
-4.11
-43%
11%
5%
171.07
128.86
-42.21
-25%
15.08
10.60
-4.48
-30%
15%
11%
93.77
24.78
29.26
4.48
18%
2.65
2.89
0.24
9%
3%
3%
823.35
580.04
414.99
198.25
-216.74
-52%
7.41
2.92
-4.49
-61%
8%
3%
85%
42.52
79.34
11.93
16.39
4.46
37%
4.13
3.08
-1.05
-25%
4%
3%
17%
196.02
167.68
94.91
70.53
-24.38
-26%
6.50
4.14
-2.36
-36%
7%
4%
16%
42.52
42.47
6.61
12.13
5.52
84%
0.69
1.57
0.88
128%
1%
2%
18%
37.36
41.17
21.06
25.28
4.22
20%
4.99
5.00
0.01
0%
5%
5%
-18%
162.56
142.67
69.88
61.85
-8.03
-11%
4.93
5.11
0.18
4%
6%
6%
21%
54.32
61.68
14.04
16.76
2.72
19%
2.41
2.76
0.35
15%
3%
3%
34%
35.20
46.14
2.51
4.06
1.55
62%
0.11
0.89
0.78
709%
1%
1%
40%
17.51
25.95
6.24
10.99
4.75
76%
2.02
2.17
0.15
7%
2%
3%
16%
76.60
84.26
34.38
36.06
1.68
5%
5.03
4.57
-0.46
-9%
5%
5%
34%
28.01
32.50
6.14
9.71
3.57
58%
2.07
2.60
0.53
26%
2%
3%
32%
425.15
281.34
163.18
61.32
-101.86
-62%
4.08
1.16
-2.92
-72%
4%
1%
31%
30.57
36.96
6.06
9.51
3.45
57%
2.06
2.86
0.80
39%
2%
3%
68%
727.68
989.89
51.75
12.00
-39.75
-77%
0.58
0.12
-0.46
-79%
2%
0%
5%
115.91
103.27
95.72
83.46
-12.26
-13%
28.67
23.88
-4.79
-17%
29%
24%
24%
14.73
20.90
5.72
9.11
3.39
59%
0.94
1.19
0.25
27%
1%
1%
111%
11.86
19.88
3.24
7.18
3.94
122%
2.18
2.21
0.03
1%
2%
2%
40%
114.85
126.88
15.71
7.03
-8.68
-55%
0.29
0.07
-0.22
-76%
0%
0%
34%
59.15
69.73
20.45
23.43
2.98
15%
3.46
2.84
-0.62
-18%
4%
3%
26%
77.38
71.60
36.75
35.05
-1.70
-5%
7.94
6.08
-1.86
-23%
8%
6%
19%
18.69
26.69
5.80
10.88
5.08
88%
2.05
3.24
1.19
58%
2%
3%
22%
94.09
91.38
28.09
28.55
0.46
2%
2.92
2.49
-0.43
-15%
3%
2%
23%
18.50
22.55
6.59
9.73
3.14
48%
1.08
1.40
0.32
30%
1%
1%
6%
483.18
167.70
344.37
91.93
-252.44
-73%
52.40
46.15
-6.25
-12%
104%
26%
32%
37.45
55.33
8.07
11.86
3.79
47%
2.69
2.97
0.28
10%
3%
3%
27%
34.45
40.49
0.17
4.50
4.33
2547%
0.17
1.55
1.38
812%
0%
1%
34%
23.93
30.67
10.73
14.18
3.45
32%
4.16
4.17
0.01
0%
4%
4%
22%
67.99
92.90
10.77
29.47
18.70
174%
0.89
0.49
-0.40
-45%
1%
2%
12%
235.65
191.80
100.16
79.36
-20.80
-21%
7.29
4.57
-2.72
-37%
8%
5%
www.industry20.com
RS Crore Percentage Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
RS Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
83
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
569
0
Sundaram Industries Ltd
Automobile Ancillaries
Automobile ancillaries
257.65
320.73
63.08
570
686
Audco India Ltd
Machinery & Equipment
Industrial valves
390.23
482.30
92.07
571
576
Superhouse Ltd
Clothing & Textiles
Leather shoes
356.48
448.73
92.25
572
643
Dynamatic Technologies Ltd
Automobile Ancillaries
Automobile ancillaries
324.65
390.11
65.46
573
40
Prism Cement Ltd
Non-metallic Mineral Products
Cement, asbestos, abrasives, etc
2,992.89
3,564.45
571.56
347.54
400.39
52.85
574
219
Orient Abrasives Ltd
Glass, Ceramics & Refractories
Goods of siliceous fossil meals / earths
575
403
Jay Ushin Ltd
Automobile Ancillaries
Automobile locks
397.76
509.12
111.36
576
497
Gili India Ltd
Gems & Jewellery
Jewellery
428.28
690.72
262.44
577
97
Banco Products (India) Ltd
Automobile Ancillaries
Radiators
433.18
496.83
63.65
578
0
C C L Products (India) Ltd
Food Products
Instant coffee
282.01
355.50
73.49
579
0
Chloride Metals Ltd
Non-Ferrous Metals
Lead
270.51
441.40
170.89
580
194
Jay Shree Tea & Inds Ltd
Food Products
Tea
417.35
501.67
84.32
581
264
Madras Cements Ltd
Cement
Cement
3,102.63
2,970.83
-131.80
582
0
Hwashin Automotive India Pvt Ltd
Automobile Ancillaries
Auto sheet metals parts
1,286.35
1,363.49
77.14
583
205
Southern Ispat & Energy Ltd
Iron & Steel
Stainless steel bars & rods
328.73
452.39
123.66
584
377
Icomm Tele Ltd
Metal Products
Other articles of iron & steel
1,041.26
1,041.26
0.00
585
681
Khaitan Electricals Ltd
Electrical & Electronic Goods
Fans
372.89
489.91
117.02
586
0
Bombay Dyeing & Mfg Co Ltd
Clothing & Textiles
Polyester staple fibre (PSF)
1,960.16
2,094.53
134.37
587
492
Modern Insulators Ltd
Electrical Equipment
Porcelain HT insulators
581.31
581.31
0.00
588
0
M C C Pta India Corpn Pvt Ltd
Chemicals & Petroleum Products
Purified Terephthalic acid (PTA)
1,850.94
3,158.84
1,307.90
589
300
Ankit Metal & Power Ltd
Metal Products
Iron & steel
694.10
756.02
61.92
590
0
Hind Aluminium Inds Ltd
Non-Ferrous Metals
Aluminium bars & rods
183.58
361.25
177.67
591
0
Howrah Mills Co Ltd
Clothing & Textiles
Jute & jute products
206.97
324.52
117.55
592
448
Meghmani Organics Ltd
Chemicals & Petroleum Products
Pesticides
793.24
926.90
133.66
287.73
327.09
39.36
593
0
Ador Welding Ltd
Electrical Equipment
Welding electrodes / sticks / wires / fluxes
594
633
Skipper Ltd
Metal Products
Welded steel tubular poles
443.64
559.14
115.50
595
0
Axles India Ltd
Automobile Ancillaries
Axle shafts
426.56
520.35
93.79
596
483
Kirloskar Pneumatic Co Ltd
Machinery & Equipment
Compressors
474.24
527.48
53.24
597
609
Govind Rubber Ltd
Rubber Products
Cycle tyres
301.38
349.27
47.89
598
0
Empee Distilleries Ltd
Food Products
Indian made foreign liquors
853.17
872.20
19.03
599
378
Greenply Industries Ltd
Paper & Wood Products
Plywood
954.60
1,334.94
380.34
600
656
Asian Granito India Ltd
Glass, Ceramics & Refractories
Ceramic tiles
432.18
542.53
110.35
601
706
Tulsyan N E C Ltd
Iron & Steel
Finished Steel (Non-Alloy Steel)
634.20
843.11
208.91
602
496
K S B Pumps Ltd
Machinery & Equipment
Pumps
591.65
641.59
49.94
84
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10 2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
2009-10
2010-11 2010-11
24%
97.43
37.40
83.08
21.62
-61.46
24%
59.35
54.74
31.70
32.58
26%
39.45
46.80
13.61
20%
56.30
69.11
19%
521.22
15%
PAT/NET SALES 2009-10
2010-11 2010-1
-74%
5.48
5.82
0.34
6%
32%
7%
0.88
3%
7.41
6.16
-1.25
-17%
8%
7%
17.18
3.57
26%
3.71
3.76
0.05
1%
4%
4%
10.82
14.84
4.02
37%
3.35
3.80
0.45
13%
3%
4%
365.15
252.90
97.03
-155.87
-62%
8.61
2.51
-6.10
-71%
8%
3%
84.50
82.62
51.17
46.84
-4.33
-8%
14.90
11.36
-3.54
-24%
15%
12%
28%
23.26
32.48
6.07
10.19
4.12
68%
1.49
1.73
0.24
16%
2%
2%
61%
38.09
47.65
19.47
19.51
0.04
0%
4.46
2.77
-1.69
-38%
5%
3%
15%
109.97
96.58
78.41
58.83
-19.58
-25%
17.88
11.57
-6.31
-35%
18%
12%
26%
64.10
68.00
27.00
26.99
-0.01
0%
9.04
7.66
-1.38
-15%
10%
8%
63%
19.47
23.00
9.94
13.17
3.23
32%
3.67
3.07
-0.60
-16%
4%
3%
20%
91.65
100.57
61.72
46.31
-15.41
-25%
13.34
8.78
-4.56
-34%
15%
9%
-4%
873.55
659.86
353.68
210.97
-142.71
-40%
11.38
7.00
-4.38
-38%
11%
7%
6%
78.16
76.59
12.19
15.99
3.80
31%
0.77
1.14
0.37
48%
1%
1%
38%
13.77
16.91
8.23
11.25
3.02
37%
2.49
2.49
0.00
0%
3%
2%
0%
172.86
172.86
43.91
43.91
0.00
0%
3.90
3.90
0.00
0%
4%
4%
31%
30.32
32.73
3.59
5.51
1.92
53%
0.93
1.26
0.33
35%
1%
1%
7%
314.05
269.92
18.42
21.39
2.97
16%
0.88
0.94
0.06
7%
1%
1%
0%
64.85
64.85
34.02
34.02
0.00
0%
5.83
5.83
0.00
0%
6%
6%
71%
219.56
247.69
108.08
23.31
-84.77
-78%
5.74
0.84
-4.90
-85%
6%
1%
9%
44.16
62.48
20.87
24.25
3.38
16%
3.01
3.20
0.19
6%
3%
3%
97%
7.14
11.71
2.73
5.06
2.33
85%
1.48
1.47
-0.01
-1%
1%
1%
57%
11.43
11.59
2.43
2.07
-0.36
-15%
0.25
0.58
0.33
132%
1%
1%
17%
116.12
100.43
61.58
47.18
-14.40
-23%
7.57
5.13
-2.44
-32%
8%
5%
14%
50.57
49.28
25.61
25.69
0.08
0%
7.84
7.53
-0.31
-4%
9%
8%
26%
36.02
54.58
13.56
17.65
4.09
30%
3.29
3.03
-0.26
-8%
3%
3%
22%
28.72
30.10
0.86
4.20
3.34
388%
0.20
0.80
0.60
300%
0%
1%
11%
82.60
84.46
47.90
43.91
-3.99
-8%
9.68
7.80
-1.88
-19%
10%
8%
16%
18.81
23.53
3.27
5.07
1.80
55%
1.08
3.14
2.06
191%
1%
1%
2%
42.78
49.50
17.09
21.21
4.12
24%
2.00
2.39
0.39
20%
2%
2%
40%
108.20
129.21
49.57
25.09
-24.48
-49%
4.89
1.56
-3.33
-68%
5%
2%
26%
51.88
60.00
19.04
20.09
1.05
6%
4.37
3.70
-0.67
-15%
4%
4%
33%
53.68
62.32
8.49
9.34
0.85
10%
1.34
1.12
-0.22
-16%
1%
1%
8%
125.71
95.51
66.18
51.57
-14.61
-22%
10.86
7.49
-3.37
-31%
11%
8%
www.industry20.com
RS Crore Percentage Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
RS Crore Percentage Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
85
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS Crore
603
493
Gallantt Metal Ltd
Metal Products
Iron & steel
450.23
592.76
142.53
604
0
Syngene International Ltd
Pharmaceuticals
Trade in manufactured products
263.92
315.96
52.04
605
708
Jindal Photo Ltd
Chemicals & Petroleum Products
Photographic paper
399.66
425.28
25.62
606
620
Mahamaya Steel Inds Ltd
Metal Products
Structures
415.21
618.39
203.18
607
0
Accel Frontline Ltd
Electrical & Electronic Goods
Computer systems
267.74
350.34
82.60
608
45
Sterlite Technologies Ltd
Wires & Cables
Power cables with aluminium
2,495.50
2,316.69
-178.81
609
0
Federal-Mogul Goetze (India) Ltd
Automobile Ancillaries
Automobile engine parts
834.29
1,010.51
176.22
610
349
Filatex India Ltd
Clothing & Textiles
Polyester filament yarn (PFY)
429.23
537.11
107.88
611
0
Hawkins Cookers Ltd
Electrical & Electronic Goods
Cookers
296.05
344.28
48.23
431.92
488.81
56.89
266.11
305.30
39.19
1,185.76
1,291.15
105.39
357.65
428.07
70.42
1,531.18
1,765.55
234.37
640.89
705.41
64.52
612
220
Wartsila India Ltd
Electrical Equipment
Generating sets with diesel engines
613
0
Liberty Shoes Ltd
Clothing & Textiles
Leather shoes
614
298
E I D-Parry (India) Ltd
Food Products
Sugar
615
640
Dishman Pharmaceuticals & Chemicals Ltd
Pharmaceuticals
Drug formulations
616
0
Chettinad Cement Corpn Ltd
Cement
Cement
617
251
Visaka Industries Ltd
Non-metallic Mineral Products
Asbestos-cement products
618
123
Eveready Industries (India) Ltd
Electrical & Electronic Goods
Dry cells
1,011.43
1,002.26
-9.17
619
69
J K Cement Ltd
Cement
Pozzolana portland cement
2,248.07
2,652.09
404.02
620
697
Lloyds Metals & Energy Ltd
Iron & Steel
Sponge iron
592.00
728.27
136.27
621
353
Vijai Electricals Ltd
Electrical Equipment
Transformers
1,702.67
1,945.42
242.75
622
659
P S L Ltd
Metal Products
Tubes & pipes
2,761.52
2,578.67
-182.85
623
216
Jocil Ltd
Cosmetics & Soaps
Soap
323.79
431.20
107.41
624
0
Bhuwalka Steel Inds Ltd
Iron & Steel
Flat products
475.63
573.24
97.61
625
0
V M C Systems Ltd
Electrical & Electronic Goods
Telephone components
1,055.10
1,021.15
-33.95
626
514
Vippy Industries Ltd
Food Products
Soyabean oil
735.12
765.03
29.91
627
479
Electrotherm (India) Ltd
Metal Products
Iron & steel
2,017.96
2,420.26
402.30
628
124
Leadage Alloys India Ltd
Non-Ferrous Metals
Lead
609.47
845.38
235.91
629
285
Gujarat Tea Processors & Packers Ltd
Food Products
Tea
451.98
527.87
75.89
630
0
Ruchi Infrastructure Ltd
Food Products
Edible oils
1,466.60
1,755.42
288.82
246.89
336.79
89.90
374.12
404.73
30.61
631
0
Lakshmi Precision Screws Ltd
Metal Products
632
673
Everest Kanto Cylinder Ltd
Metal Products
Screws, bolts, nuts, rivets, washers, etc LPG cylinders & other gas containers
633
530
Bosch Rexroth (India) Ltd
Machinery & Equipment
General purpose machinery
374.05
510.02
135.97
634
0
Sayaji Industries Ltd
Chemical & Petroleum Products
Starches
275.57
338.72
63.15
635
641
Sujana Metal Products Ltd
Iron & Steel
Flat products
4,361.70
4,361.70
0.00
636
261
Plethico Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
476.98
454.69
-22.29
86
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RSCrore Crore RS
Percentage
2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-1 2010-11
32%
61.48
59.10
23.55
22.92
-0.63
-3%
6.06
3.80
-2.26
-37%
5%
4%
20%
88.68
106.06
30.81
28.27
-2.54
-8%
11.55
8.80
-2.75
-24%
12%
9%
6%
24.88
28.17
14.51
18.13
3.62
25%
3.56
3.85
0.29
8%
4%
4%
49%
27.90
29.10
10.86
11.14
0.28
3%
2.65
1.81
-0.84
-32%
3%
2%
31%
20.85
26.42
4.79
7.13
2.34
49%
1.61
1.80
0.19
12%
2%
2%
-7%
404.99
282.56
246.07
140.53
-105.54
-43%
9.82
6.04
-3.78
-38%
10%
6%
21%
131.06
125.56
46.10
34.39
-11.71
-25%
5.99
3.46
-2.53
-42%
6%
3%
25%
39.41
43.59
17.19
19.01
1.82
11%
3.98
3.36
-0.62
-16%
4%
4%
16%
59.28
51.57
36.84
31.77
-5.07
-14%
12.32
9.09
-3.23
-26%
12%
9%
13%
91.76
86.30
48.83
41.21
-7.62
-16%
9.23
6.64
-2.59
-28%
11%
8%
15%
31.04
27.79
9.20
10.08
0.88
10%
2.64
3.37
0.73
28%
3%
3%
9%
357.03
190.87
205.52
85.00
-120.52
-59%
15.17
4.73
-10.44
-69%
17%
7%
20%
133.33
116.65
71.07
40.13
-30.94
-44%
18.90
9.08
-9.82
-52%
20%
9%
15%
527.56
522.77
107.83
75.17
-32.66
-30%
6.31
1.17
-5.14
-81%
7%
4%
10%
119.99
96.26
57.21
45.07
-12.14
-21%
8.68
6.18
-2.50
-29%
9%
6%
-1%
228.65
105.41
142.21
39.37
-102.84
-72%
2.85
3.01
0.16
6%
14%
4%
18%
466.81
318.53
226.00
64.05
-161.95
-72%
9.80
1.41
-8.39
-86%
10%
2%
23%
43.97
45.84
17.87
18.60
0.73
4%
1.53
1.30
-0.23
-15%
3%
3%
14%
200.42
215.09
20.27
18.45
-1.82
-9%
1.09
0.89
-0.20
-18%
1%
1%
-7%
332.61
412.91
85.45
74.07
-11.38
-13%
3.14
2.84
-0.30
-10%
3%
3%
33%
38.18
38.20
21.37
19.43
-1.94
-9%
6.25
4.48
-1.77
-28%
7%
5%
21%
20.12
28.97
2.09
3.29
1.20
57%
0.33
0.56
0.23
70%
0%
1%
-3%
172.34
163.65
84.46
62.53
-21.93
-26%
7.90
6.00
-1.90
-24%
8%
6%
4%
14.50
21.91
9.42
12.66
3.24
34%
1.28
1.65
0.37
29%
1%
2%
20%
292.92
373.30
53.79
28.83
-24.96
-46%
2.35
1.09
-1.26
-54%
3%
1%
39%
59.06
38.50
35.22
21.37
-13.85
-39%
5.78
2.51
-3.27
-57%
6%
3%
17%
52.55
49.47
31.32
29.28
-2.04
-7%
6.68
5.26
-1.42
-21%
7%
6%
20%
78.89
69.53
34.55
20.34
-14.21
-41%
1.64
1.09
-0.55
-34%
2%
1%
36%
36.69
52.03
5.28
8.88
3.60
68%
2.12
2.06
-0.06
-3%
2%
3%
8%
71.63
66.66
40.49
22.52
-17.97
-44%
5.21
5.28
0.07
1%
11%
6%
36%
49.71
55.31
19.11
19.48
0.37
2%
6.70
3.66
-3.04
-45%
5%
4%
23%
12.19
17.20
0.83
3.08
2.25
271%
0.34
0.94
0.60
176%
0%
1%
0%
332.57
332.57
38.69
38.69
0.00
0%
0.88
0.88
0.00
0%
1%
1%
-5%
161.11
147.07
107.04
57.91
-49.13
-46%
21.11
11.92
-9.19
-44%
22%
13%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
87
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS RSCrore Crore
637
129
Indofil Industries Ltd
Chemicals & Petroleum Products
Pesticides
757.93
881.10
123.17
638
0
Tata Metaliks Ltd
Iron & Steel
Pig iron
1,146.64
1,434.01
287.37
639
337
Avon Ispat & Power Ltd
Iron & Steel
Hot rolled coils, strips, sheets
711.76
839.25
127.49
640
0
S E Electricals Ltd
Electrical Equipment
Generator,
240.70
399.71
159.01
641
504
Walchandnagar Industries Ltd
Machinery & Equipment
Industrial machinery
693.68
976.00
282.32
642
573
Voltamp Transformers Ltd
Electrical Equipment
Transformers
596.91
589.15
-7.76
643
382
Transformers & Rectifiers (India) Ltd
Electrical Equipment
Transformers
554.62
583.77
29.15
644
153
Relaxo Footwears Ltd
Clothing & Textiles
Slippers & chappals
555.70
690.07
134.37
645
181
Nirma Ltd
Chemicals & Petroleum Products
Synthetic detergents
3,329.68
3,509.20
179.52
646
0
Modern Steels Ltd
Iron & Steel
Bars & rods
314.15
382.23
68.08
647
647
Sujana Universal Inds Ltd
Iron & Steel
Cast iron castings
3,877.65
3,877.65
0.00
648
502
Indian Hume Pipe Co Ltd
Non-metallic Mineral Products
Products of cement, concrete, etc
597.68
692.95
95.27
649
0
Ceat Ltd
Rubber Products
Tyres
3,001.83
3,779.67
777.84
650
580
K C P Ltd
Cement
Cement
398.73
352.04
-46.69
651
693
Vijay Solvex Ltd
Food Products
Vegetable oils
448.10
613.49
165.39
652
0
Fresenius Kabi Oncology Ltd
Pharmaceuticals
Drug formulations
433.37
425.75
-7.62
653
721
Zenith Birla (India) Ltd
Metal Products
Tubes & pipes
503.93
534.01
30.08
654
549
Praj Industries Ltd
Machinery & Equipment
Brewery machinery
619.39
576.72
-42.67
655
0
Indian Explosives Ltd
Chemicals & Petroleum Products
Blasting powder
411.22
376.66
-34.56
656
638
Unimark Remedies Ltd
Pharmaceuticals
Drug formulations
664.59
661.37
-3.22
657
0
Kisan Mouldings Ltd
Plastics & Polymers
Plastic tube and pipes
218.54
311.89
93.35
658
177
Lanco Industries Ltd
Metal Products
Spun pipes
710.52
751.29
40.77
659
56
Shree Cement Ltd
Cement
Cement
4,014.08
3,937.79
-76.29
660
0
Astrix Laboratories Ltd
Pharmaceuticals
Pharmaceutical products
524.42
484.71
-39.71
661
614
Sanwaria Agro Oils Ltd
Food Products
Soyabean oil cake
800.03
901.74
101.71
662
468
Asian Star Co Ltd
Gems & Jewellery
Diamonds
1,342.13
1,455.92
113.79
663
95
Hyderabad Industries Ltd
Non-metallic Mineral Products
Asbestos-cement products
758.77
805.49
46.72
664
516
Shalimar Paints Ltd
Chemicals & Petroleum Products
Decorative paints
395.49
441.47
45.98
665
644
Good Luck Steel Tubes Ltd
Metal Products
Iron & steel
522.79
620.28
97.49
666
437
Agro Tech Foods Ltd
Food Products
Edible oils
649.57
718.69
69.12
688.01
831.44
143.43
1,167.45
1,321.77
154.32
667
118
Hitachi Home & Life Solutions (India) Ltd
Electrical & Electronic Goods
668
0
Jindal (India) Ltd
Iron & Steel
Air conditioning machines / systems Clad, plated or coated flat rolled products
669
0
Bajaj Motors Ltd
Automobile Ancillaries
Automobile engine parts
402.35
506.42
104.07
670
256
Yokogawa India Ltd
Electrical & Electronic Goods
Process control equipment
510.91
606.03
95.12
88
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 2010-1
16%
139.07
93.67
68.69
40.57
-28.12
-41%
9.03
4.58
-4.45
-49%
9%
5%
25%
107.66
76.74
45.55
22.95
-22.60
-50%
3.51
1.52
-1.99
-57%
4%
2%
18%
53.11
54.19
19.08
20.10
1.02
5%
2.84
2.30
-0.54
-19%
3%
2%
66%
30.68
43.44
5.75
7.75
2.00
35%
2.69
1.84
-0.85
-32%
2%
2%
41%
47.46
68.19
22.29
12.80
-9.49
-43%
3.09
1.18
-1.91
-62%
3%
1%
-1%
129.01
85.09
82.53
51.78
-30.75
-37%
13.18
8.48
-4.70
-36%
14%
9%
5%
87.94
72.13
49.51
40.11
-9.40
-19%
8.80
6.53
-2.27
-26%
9%
7%
24%
81.27
74.31
37.76
26.79
-10.97
-29%
6.76
3.78
-2.98
-44%
7%
4%
5%
661.82
447.92
237.94
74.04
-163.90
-69%
6.79
2.89
-3.90
-57%
7%
2%
22%
25.32
30.44
6.15
8.23
2.08
34%
1.99
2.16
0.17
9%
2%
2%
0%
165.02
165.02
33.45
33.45
0.00
0%
0.66
0.66
0.00
0%
1%
1%
16%
74.70
71.93
28.57
27.97
-0.60
-2%
5.59
3.94
-1.65
-30%
5%
4%
26%
347.51
169.92
161.04
22.28
-138.76
-86%
5.18
0.55
-4.63
-89%
5%
1%
-12%
112.42
85.82
60.02
41.35
-18.67
-31%
13.61
10.09
-3.52
-26%
15%
12%
37%
13.93
14.59
3.74
4.09
0.35
9%
0.82
0.66
-0.16
-20%
1%
1%
-2%
128.90
108.32
80.23
49.24
-30.99
-39%
18.34
10.18
-8.16
-44%
19%
12%
6%
46.19
44.35
11.96
10.89
-1.07
-9%
1.26
1.71
0.45
36%
2%
2%
-7%
155.61
81.27
113.88
53.47
-60.41
-53%
14.72
8.70
-6.02
-41%
18%
9%
-8%
77.33
54.60
40.76
31.39
-9.37
-23%
9.42
8.07
-1.35
-14%
10%
8%
0%
89.71
99.27
28.17
26.47
-1.70
-6%
4.23
4.01
-0.22
-5%
4%
4%
43%
21.38
27.90
4.61
3.72
-0.89
-19%
1.71
1.72
0.01
1%
2%
1%
6%
148.29
103.74
66.12
41.44
-24.68
-37%
8.00
5.73
-2.27
-28%
9%
6%
-2%
1,607.43
1,071.20
676.10
209.70
-466.40
-69%
16.87
3.40
-13.47
-80%
17%
5%
-8%
112.52
81.42
59.60
41.12
-18.48
-31%
11.28
8.37
-2.91
-26%
11%
8%
13%
78.22
70.49
39.48
30.13
-9.35
-24%
4.89
3.41
-1.48
-30%
5%
3%
8%
76.11
71.23
28.12
25.36
-2.76
-10%
2.12
1.60
-0.52
-25%
2%
2%
6%
157.40
99.38
89.72
50.60
-39.12
-44%
11.78
5.81
-5.97
-51%
12%
6%
12%
28.14
29.50
10.00
11.67
1.67
17%
2.51
2.63
0.12
5%
3%
3%
19%
39.54
39.07
15.41
14.75
-0.66
-4%
3.05
2.65
-0.40
-13%
3%
2%
11%
36.91
52.10
25.14
31.78
6.64
26%
3.63
1.91
-1.72
-47%
4%
4%
21%
70.73
62.12
46.14
29.33
-16.81
-36%
6.03
2.85
-3.18
-53%
7%
4%
13%
130.43
94.25
39.34
26.65
-12.69
-32%
3.28
1.98
-1.30
-40%
3%
2%
26%
40.66
47.84
12.99
13.17
0.18
1%
2.99
2.34
-0.65
-22%
3%
3%
19%
62.15
46.88
32.45
25.77
-6.68
-21%
5.77
3.67
-2.10
-36%
6%
4%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
89
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10
2010-11 2010-11
RS RSCrore Crore
358.87
328.63
-30.24
671
149
Meghalaya Cement Ltd
Cement
Cement
672
237
Trend Electronics Ltd
Electrical & Electronic Goods
Television receivers
1,964.51
1,964.51
0.00
673
263
Heidelberg Cement India Ltd
Cement
Cement
1,045.15
989.53
-55.62
674
713
Hind Agro Inds Ltd
Food Products
Meat of buffaloes
686.13
701.37
15.24
675
484
L T Foods Ltd
Food Products
Rice
690.76
839.54
148.78
676
675
Bhawani Industries Ltd
Metal Products
Iron & steel
351.23
449.63
98.40
677
0
Panchmahal Steel Ltd
Iron & Steel
Flat products
311.45
429.88
118.43
678
236
Granules India Ltd
Pharmaceuticals
Paracetamol
394.13
413.25
19.12
679
0
Thirumalai Chemicals Ltd
Chemicals & Petroleum Products
Phthalic Anhydride
671.73
835.54
163.81
680
0
Cords Cable Inds Ltd
Wires & Cables
Wires & cables
232.32
311.18
78.86
681
266
Falcon Tyres Ltd
Rubber Products
Tyres
849.54
978.19
128.65
682
0
Itarsi Oils & Flours Ltd
Food Products
Soyabean oil
535.96
641.82
105.86
683
0
Antrix Diamond Exports Pvt Ltd
Gems & Jewellery
Diamonds
547.73
566.06
18.33
684
373
Kalpena Industries Ltd
Plastics & Polymers
Other articles of plastics
765.93
903.44
137.51
685
357
Value Industries Ltd
Electrical & Electronic Goods
Washing machines
1,754.62
1,754.62
0.00
686
695
Adhunik Industries Ltd
Iron & Steel
Bars & rods
414.45
350.83
-63.62
687
469
Universal Cables Ltd
Wires & Cables
PVC insulated cables & flexes
531.66
579.76
48.10
688
622
Atlas Cycles (Haryana) Ltd
Auto
Bicycles
676.91
793.31
116.40
689
512
B E M L Ltd
Auto
Earth moving machinery
3,005.93
2,824.53
-181.40
690
14
Binani Cement Ltd
Cement
Ordinary portland cement
2,068.02
1,982.65
-85.37
691
606
Dhampur Sugar Mills Ltd
Food Products
Sugar
2,400.90
2,400.90
0.00
692
612
Impex Ferro Tech Ltd
Diversified Manufacturing
Diversified
556.02
608.05
52.03
693
329
Aarti Drugs Ltd
Pharmaceuticals
Drugs, medicines & allied products
496.96
523.01
26.05
694
137
Kirloskar Brothers Ltd
Machinery & Equipment
Pumps
2,056.29
1,994.17
-62.12
695
591
Oil Country Tubular Ltd
Metal Products
Seamless tubes & pipes
337.98
330.04
-7.94
696
152
Rain Cements Ltd
Cement
Cement
937.55
954.13
16.58
697
0
Grauer & Weil (India) Ltd
Chemicals & Petroleum Products
Chemicals
240.01
303.91
63.90
698
711
Kanishk Steel Inds Ltd
Iron & Steel
Bars & rods
454.93
446.32
-8.61
699
116
Bannari Amman Sugars Ltd
Food Products
Sugar
903.52
844.56
-58.96
700
542
Kanoria Chemicals & Inds Ltd
Chemicals & Petroleum Products
Inorganic chemicals
455.95
529.51
73.56
701
565
A B B Ltd
Diversified Manufacturing
Diversified
6,515.19
6,638.39
123.20
702
0
Pasupati Acrylon Ltd
Clothing & Textiles
Acrylic fibre
229.10
425.20
196.10
703
701
Kamdhenu Ispat Ltd
Diversified Manufacturing
Diversified
389.28
411.71
22.43
704
651
Surya Foods & Agro Ltd
Food Products
Biscuits
436.99
474.77
37.78
90
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
-8%
127.31
67.86
124.77
0%
96.62
96.62
-5%
205.19
2%
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
RS RSCrore Crore Percentage Percentage
2009-10
2010-11 2010-11
RS Crore Percentage Percentage
2009-10
2010-11 2010-1
46.09
-78.68
-63%
34.58
13.93
-20.65
-60%
35%
14%
19.06
19.06
0.00
0%
1.03
1.03
0.00
0%
1%
1%
129.12
134.04
63.30
-70.74
-53%
11.38
5.88
-5.50
-48%
13%
6%
31.12
35.49
5.20
5.80
0.60
12%
0.12
0.29
0.17
142%
1%
1%
22%
93.79
86.95
24.95
16.18
-8.77
-35%
3.38
2.13
-1.25
-37%
4%
2%
28%
22.02
26.34
5.78
6.57
0.79
14%
1.65
1.45
-0.20
-12%
2%
1%
38%
38.69
39.86
14.57
11.58
-2.99
-21%
4.38
2.75
-1.63
-37%
5%
3%
5%
63.12
55.31
23.95
21.72
-2.23
-9%
5.89
5.26
-0.63
-11%
6%
5%
24%
73.61
63.92
25.86
18.55
-7.31
-28%
3.94
1.67
-2.27
-58%
4%
2%
34%
21.21
26.88
4.19
5.37
1.18
28%
1.87
1.71
-0.16
-9%
2%
2%
15%
92.55
77.49
51.63
28.98
-22.65
-44%
6.07
2.95
-3.12
-51%
6%
3%
20%
17.48
20.78
5.71
6.15
0.44
8%
1.25
1.12
-0.13
-10%
1%
1%
3%
35.91
26.41
6.97
8.22
1.25
18%
1.26
1.41
0.15
12%
1%
1%
18%
60.97
49.41
29.91
19.13
-10.78
-36%
3.92
2.16
-1.76
-45%
4%
2%
0%
213.35
213.35
14.44
14.44
0.00
0%
0.55
0.55
0.00
0%
1%
1%
-15%
30.90
29.44
13.53
12.69
-0.84
-6%
3.37
3.62
0.25
7%
3%
4%
9%
69.33
59.74
27.14
17.80
-9.34
-34%
3.31
3.04
-0.27
-8%
5%
3%
17%
20.66
23.24
3.81
3.76
-0.05
-1%
0.62
0.56
-0.06
-10%
1%
0%
-6%
446.37
327.98
222.85
149.76
-73.09
-33%
5.76
0.99
-4.77
-83%
7%
5%
-4%
584.23
298.56
281.92
90.78
-191.14
-68%
14.24
3.74
-10.50
-74%
14%
5%
0%
241.02
241.02
9.04
9.04
0.00
0%
0.49
0.49
0.00
0%
0%
0%
9%
29.62
30.18
5.71
6.80
1.09
19%
1.16
1.19
0.03
3%
1%
1%
5%
74.91
62.94
26.07
22.47
-3.60
-14%
5.31
4.31
-1.00
-19%
5%
4%
-3%
256.86
253.26
117.52
61.36
-56.16
-48%
5.23
3.04
-2.19
-42%
6%
3%
-2%
107.96
62.78
55.84
30.47
-25.37
-45%
16.40
9.28
-7.12
-43%
17%
9%
2%
196.19
99.05
123.55
26.51
-97.04
-79%
12.74
8.65
-4.09
-32%
13%
3%
27%
36.05
42.73
16.42
14.41
-2.01
-12%
6.86
4.11
-2.75
-40%
7%
5%
-2%
10.61
13.56
2.00
3.22
1.22
61%
0.38
0.74
0.36
95%
0%
1%
-7%
244.25
154.95
143.69
53.06
-90.63
-63%
15.77
5.64
-10.13
-64%
16%
6%
16%
102.60
87.01
27.98
16.98
-11.00
-39%
5.20
3.77
-1.43
-28%
6%
3%
2%
745.51
361.85
354.64
63.39
-291.25
-82%
5.42
1.01
-4.41
-81%
5%
1%
86%
33.72
12.22
8.29
0.47
-7.82
-94%
3.78
1.47
-2.31
-61%
4%
0%
6%
11.06
14.85
1.94
2.84
0.90
46%
0.47
0.72
0.25
53%
0%
1%
9%
14.86
16.41
3.85
4.56
0.71
18%
0.88
1.00
0.12
14%
1%
1%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
91
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10 2009-10
2010-11 2010-11
RS RSCrore Crore
705
303
Andhra Sugars Ltd
Chemicals & Petroleum Products
Inorganic chemicals
590.14
519.62
-70.52
706
281
Ram Ratna Wires Ltd
Wires & Cables
Copper enamelled winding wires
438.71
546.02
107.31
707
0
Sturdy Industries Ltd
Plastics & Polymers
Plastic tube and pipes
517.15
608.61
91.46
246.83
317.41
70.58
346.42
405.54
59.12
708
0
Real Strips Ltd
Iron & Steel
709
332
Merino Industries Ltd
Plastics & Polymers
Stainless steel flat rolled products Sheets, films, etc of plastic, not reinforced
710
524
Sagar Cements Ltd
Cement
Cement
527.00
544.83
17.83
711
158
Dharani Sugars & Chemicals Ltd
Food Products
Sugar
596.79
858.95
262.16
712
131
Mangalam Cement Ltd
Cement
Ordinary portland cement
735.10
564.61
-170.49
713
0
Hindustan Tin Works Ltd
Metal Products
Tin container
295.88
312.30
16.42
714
165
Tinplate Co Of India Ltd
Non-Ferrous Metals
Tin plates, sheets & strips
799.63
820.93
21.30
715
581
Nippo Batteries Co Ltd
Electrical & Electronic Goods
Dry cells
337.53
350.00
12.47
716
473
Denso India Ltd
Automobile Ancillaries
Electrical automobile parts
806.38
1,017.49
211.11
717
0
Pricol Ltd
Automobile Ancillaries
Automobile equipment
873.49
970.50
97.01
718
0
Arvind Products Ltd
Clothing & Textiles
Cloth (Fabrics)
474.73
619.94
145.21
719
208
Hikal Ltd
Chemicals & Petroleum Products
Organic chemicals
542.94
511.49
-31.45
720
59
J K Lakshmi Cement Ltd
Cement
Cement
1,646.71
1,490.18
-156.53
721
683
Eskay K'N'It (India) Ltd
Clothing & Textiles
Cloth (Fabrics)
816.76
930.01
113.25
722
0
Pearl Global Ltd
Clothing & Textiles
Apparels (Readymade garment)
557.90
658.80
100.90
723
626
Chandigarh Distillers & Bottlers Ltd
Food Products
Rectified spirit
583.55
533.69
-49.86
724
0
Eureka Forbes Ltd
Electrical & Electronic Goods
Water filters
961.18
1,060.14
98.96
725
0
Sri Sarvaraya Sugars Ltd
Food Products
Sugar
354.01
354.01
0.00
726
327
I G Petrochemicals Ltd
Chemicals & Petroleum Products
Phthalic Anhydride
574.61
681.05
106.44
727
316
India Cements Ltd
Cement
Cement
4,104.19
3,892.17
-212.02
728
660
Rasoya Proteins Ltd
Food Products
Soyabean oil cake
370.22
417.22
47.00
729
0
Nezone Tubes Ltd
Metal Products
Tubes & pipes
280.24
314.44
34.20
730
441
Raj Oil Mills Ltd
Food Products
Coconut oil
461.97
469.49
7.52
731
0
F C I Oen Connectors Ltd
Electrical & Electronic Goods
Connectors
281.13
409.13
128.00
732
0
Ajanta Soya Ltd
Food Products
Vanaspati
232.37
302.15
69.78
733
135
D C W Ltd
Diversified Manufacturing
Diversified
1,098.62
1,145.47
46.85
734
481
K S E Ltd
Food Products
Cattle feed
370.97
453.72
82.75
735
0
Grasim Bhiwani Textiles Ltd
Clothing & Textiles
Man-made fabrics
283.00
337.30
54.30
736
587
Chiripal Industries Ltd
Clothing & Textiles
Textiles
611.10
664.72
53.62
737
0
Sahyadri Industries Ltd
Non-metallic Mineral Products
Corrugated asbestos sheets
302.58
308.49
5.91
738
0
Kokuyo Camlin Ltd
Plastics & Polymers
Toys, games, sports goods, etc
339.99
370.23
30.24
92
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RS RSCrore Crore
Percentage
2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 2010-1
-12%
157.04
113.41
66.76
36.21
-30.55
-46%
10.82
6.50
-4.32
-40%
11%
7%
24%
27.36
24.66
11.71
9.47
-2.24
-19%
2.69
1.75
-0.94
-35%
3%
2%
18%
16.55
20.00
5.86
6.47
0.61
10%
1.65
1.37
-0.28
-17%
1%
1%
29%
20.27
22.77
6.28
6.55
0.27
4%
2.55
2.07
-0.48
-19%
3%
2%
17%
44.63
59.77
14.46
23.79
9.33
65%
8.18
1.62
-6.56
-80%
4%
6%
3%
86.52
81.71
19.12
17.41
-1.71
-9%
3.60
3.15
-0.45
-13%
4%
3%
44%
122.86
84.20
45.63
3.59
-42.04
-92%
7.31
0.54
-6.77
-93%
8%
0%
-23%
211.73
66.61
118.94
38.24
-80.70
-68%
15.58
7.40
-8.18
-53%
16%
7%
6%
30.25
30.37
11.46
11.28
-0.18
-2%
3.83
3.62
-0.21
-5%
4%
4%
3%
156.52
99.07
67.15
35.81
-31.34
-47%
8.35
3.91
-4.44
-53%
8%
4%
4%
31.01
27.61
16.52
14.63
-1.89
-11%
4.77
4.08
-0.69
-14%
5%
4%
26%
44.30
29.38
18.89
2.04
-16.85
-89%
2.26
0.20
-2.06
-91%
2%
0%
11%
107.28
95.57
25.48
23.11
-2.37
-9%
2.82
1.11
-1.71
-61%
3%
2%
31%
55.23
55.87
4.07
0.40
-3.67
-90%
0.60
0.08
-0.52
-87%
1%
0%
-6%
190.34
133.38
88.52
34.69
-53.83
-61%
16.25
6.23
-10.02
-62%
16%
7%
-10%
465.89
222.79
241.13
59.13
-182.00
-75%
15.24
3.21
-12.03
-79%
15%
4%
14%
110.13
118.30
9.80
6.45
-3.35
-34%
1.20
0.69
-0.51
-43%
1%
1%
18%
40.11
39.59
9.82
6.53
-3.29
-34%
1.34
0.84
-0.50
-37%
2%
1%
-9%
33.95
30.52
12.29
11.25
-1.04
-8%
1.92
1.82
-0.10
-5%
2%
2%
10%
43.22
39.03
19.17
10.46
-8.71
-45%
1.47
0.78
-0.69
-47%
2%
1%
0%
42.73
42.73
8.24
8.24
0.00
0%
1.37
1.37
0.00
0%
2%
2%
19%
63.50
52.08
27.32
13.23
-14.09
-52%
4.27
1.46
-2.81
-66%
5%
2%
-5%
910.05
477.23
351.35
65.11
-286.24
-81%
8.25
1.61
-6.64
-80%
9%
2%
13%
18.10
26.17
7.67
7.12
-0.55
-7%
2.07
1.68
-0.39
-19%
2%
2%
12%
15.01
16.75
5.57
5.79
0.22
4%
2.12
1.85
-0.27
-13%
2%
2%
2%
65.42
47.96
35.89
20.32
-15.57
-43%
7.76
4.16
-3.60
-46%
8%
4%
46%
54.75
42.96
25.84
4.89
-20.95
-81%
8.98
1.18
-7.80
-87%
9%
1%
30%
2.71
3.44
0.45
0.46
0.01
2%
0.20
0.10
-0.10
-50%
0%
0%
4%
188.05
115.79
67.63
28.91
-38.72
-57%
5.90
1.33
-4.57
-77%
6%
3%
22%
19.85
14.58
8.27
4.50
-3.77
-46%
2.16
1.10
-1.06
-49%
2%
1%
19%
19.06
19.73
4.59
4.29
-0.30
-7%
1.12
0.73
-0.39
-35%
2%
1%
9%
67.37
68.40
16.16
7.25
-8.91
-55%
2.46
1.31
-1.15
-47%
3%
1%
2%
57.03
45.31
26.82
13.48
-13.34
-50%
8.94
4.38
-4.56
-51%
9%
4%
9%
28.39
27.44
12.04
8.59
-3.45
-29%
3.52
2.24
-1.28
-36%
4%
2%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
93
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing Companies
COMPANY
overall Rank
2.0 Top
2009-10 2009-10
2010-11 2010-11
RS Crore
739
0
Steelco Gujarat Ltd
Iron & Steel
Cold rolled coils, strips, sheets
484.78
553.56
68.78
740
0
First Winner Inds Ltd
Clothing & Textiles
Cloth (Fabrics)
268.28
309.89
41.61
741
562
Mcnally Sayaji Engg Ltd
Machinery & Equipment
Non-electrical machinery
336.98
326.11
-10.87
742
698
I O L Chemicals & Pharmaceuticals Ltd
Chemicals & Petroleum Products
Carboxylic acids
380.46
422.42
41.96
270.77
313.40
42.63
743
0
Orient Bell Ltd
Glass, Ceramics & Refractories
Glazed ceramic tiles, paving & flags
744
0
Shyam Ferro Alloys Ltd
Iron & Steel
Ferro alloys
536.94
557.24
20.30
745
0
Tata B P Solar (India) Ltd
Electrical & Electronic Goods
Photovoltaic power modules
978.78
906.78
-72.00
746
0
Deccan Cements Ltd
Cement
Portland slag cement
374.56
428.90
54.34
747
666
Suzlon Wind Intl Ltd
Electrical Equipment
Wind turbines
868.62
632.53
-236.09
337.28
380.71
43.43
1,211.48
1,172.00
-39.48
461.17
440.69
-20.48
748
309
Parenteral Drugs (India) Ltd
Pharmaceuticals
Drugs, medicines & allied products
749
0
Zuari Cement Ltd
Cement
Cement
750
229
Sabero Organics Gujarat Ltd
Chemicals & Petroleum Products
Organophosphorous insecticides
751
464
H B L Power Systems Ltd
Electrical & Electronic Goods
Lead-acid accumulators
1,203.51
1,092.43
-111.08
752
139
Lakshmi Energy & Foods Ltd
Food Products
Rice
1,167.96
1,037.56
-130.40
753
425
Classic Diamonds (India) Ltd
Gems & Jewellery
Diamonds
703.25
510.48
-192.77
754
0
Shree Digvijay Cement Co Ltd
Cement
Cement
286.84
326.09
39.25
755
674
Harrisons Malayalam Ltd
Rubber Products
Natural rubber
328.22
367.96
39.74
756
689
Bilpower Ltd
Electrical Equipment
Stampings & laminations
456.61
398.71
-57.90
438.01
373.29
-64.72
2,345.53
694.30
-1,651.23
628
Gujarat Guardian Ltd
Glass, Ceramics & Refractories
758
379
Dalmia Bharat Sugar & Inds Ltd
Food Products
Sugar
techwatch
757
Float glass & surface polished glass
94
Mineral Cuts Pollution from Diesel Engines E ngineers at a company cofounded by a University of Texas professor have identified a material that can reduce pollution produced by vehicles that run on diesel fuel. Mullite, a material from a family of minerals called oxides, could replace platinum that is currently used in diesel engines to control the amount of pollution released into the air. “Many pollution control and renewable-energy applications
require precious metals that are limited— there isn’t enough platinum to supply the millions of automobiles driven in the world,” said Dr Kyeongjae Cho, Professor of Materials Science and Engineering and Physics at UT Dallas. In 2003, Cho became a co-founder and lead scientist at Nanostellar, a company created to find catalysts through a material design that would replace platinum in reducing diesel exhaust. Cho and his team suspected that the oxygen-based composition of mullite,
september 2012 | industry 2.0 - technology management for decision-makers
originally found off the Isle of Mull in Scotland, might prove to be a suitable alternative. His team synthesised mullite and used advanced computer modelling techniques to analyse how different forms of the mineral interacted with oxygen and NOx. After computer modelling confirmed the efficiency of mullite to consume NOx, researchers used the oxide catalyst to replace platinum in diesel engine experiments. The mullite alternative is being commercialised under the trademark name Noxicat.
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RS RSCrore Crore
Percentage
2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 2010-1
14%
36.99
36.76
4.84
2.52
-2.32
-48%
1.00
0.45
-0.55
-55%
1%
0%
16%
11.36
13.90
3.22
2.71
-0.51
-16%
1.20
0.87
-0.33
-28%
1%
1%
-3%
63.50
46.01
23.37
13.19
-10.18
-44%
6.31
3.44
-2.87
-45%
7%
4%
11%
39.62
69.60
10.02
6.18
-3.84
-38%
2.71
1.47
-1.24
-46%
3%
1%
16%
35.95
33.31
11.46
9.77
-1.69
-15%
4.28
0.97
-3.31
-77%
4%
3%
4%
47.02
36.36
18.08
9.27
-8.81
-49%
3.13
1.28
-1.85
-59%
3%
2%
-7%
77.44
96.52
26.39
12.59
-13.80
-52%
4.20
1.39
-2.81
-67%
3%
1%
15%
75.93
69.04
4.34
1.99
-2.35
-54%
1.33
0.47
-0.86
-65%
1%
0%
-27%
285.71
193.20
89.09
19.52
-69.57
-78%
10.29
2.96
-7.33
-71%
10%
3%
13%
56.53
45.17
27.29
8.72
-18.57
-68%
7.98
2.25
-5.73
-72%
8%
2%
-3%
358.92
194.21
169.64
20.63
-149.01
-88%
13.76
1.00
-12.76
-93%
14%
2%
-4%
86.82
45.18
38.71
10.63
-28.08
-73%
8.35
3.32
-5.03
-60%
8%
2%
-9%
216.27
87.89
100.42
16.45
-83.97
-84%
8.36
1.03
-7.33
-88%
8%
2%
-11%
227.35
148.81
139.24
13.13
-126.11
-91%
10.05
1.24
-8.81
-88%
12%
1%
-27%
108.10
52.56
17.42
6.00
-11.42
-66%
2.35
1.21
-1.14
-49%
2%
1%
14%
44.47
12.61
35.70
1.00
-34.70
-97%
12.14
3.91
-8.23
-68%
12%
0%
12%
31.44
28.55
9.91
3.95
-5.96
-60%
2.22
0.40
-1.82
-82%
3%
1%
-13%
36.78
25.42
15.16
4.30
-10.86
-72%
3.15
1.17
-1.98
-63%
3%
1%
-15%
97.58
37.84
56.36
11.12
-45.24
-80%
12.46
1.68
-10.78
-87%
13%
3%
-70%
529.51
87.96
136.99
3.10
-133.89
-98%
5.78
0.49
-5.29
-92%
6%
0%
Cost-effective Production of Infrared Lenses
Credit: Fraunhofer IWM
T
hermal cameras are useful when visibility is poor. However, such devices have been very expensive—largely due to the cost of making infrared lenses. Researchers at the Fraunhofer Institute for Mechanics of Materials IWM in A thermal image Freiburg are working produced by test on the infrared lenscamera equipped with pressed lenses. es which are cheaper Below: Pressed to manufacture. “We lenses made of chalcogenide glass have developed a
www.industry20.com
production process for lenses that enables us to lower the costs of these components by more than 70 per cent,” says Dr Helen Müller, Scientist at IWM. Normally, the lenses are made out of germanium, zinc selenide or zinc sulfide. The problem is that these materials are very expensive and can only be processed mechanically—it takes grinding, polishing or diamond turning to shape them correctly. “Instead of crystalline materials, we use amorphous chalcogenide glass. Its softening temperature is low. So, we can form it using non-isothermic hot stamping,” explains Müller.
The process is similar to making waffles on a waffle iron. The researchers place the chalcogenide glass between two pressing tools which determine the form of the required lenses. Then, it is heated and formed between both pressing tools. After a few minutes, the glass is cooled again to below the softening temperature and removed. The lens formed exhibit the same optical imaging quality as those manufactured through polishing. To ensure that no glass remains attached to the tools, their surfaces are coated with antiadhesive, non-stick coatings.
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
95
2.0 Top
Manufacturing Companies
Auto Sectoral rank
PAT/ Net Sales
2010-11
2010-11
2010-11
4,598.33
3,339.73
13.84
19%
4,195.08
407.93
259.54
6.02
6%
25,569.55
4,006.23
2,662.10
10.02
10%
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
Bajaj Auto Ltd
17,274.35
V E Commercial Vehicles Ltd Mahindra & Mahindra Ltd
company
2012 2011 change 5
roce
net sales
overall RANK
1
6
1
2
23
0
3
41
4
37
4
56
273
-217
T V S Motor Co Ltd
6,712.53
464.10
194.58
3.04
3%
5
65
11
54
Tractors & Farm Equipment Ltd
3,875.70
653.27
431.05
10.48
11%
PARAMETER Total no of companies Total Net Sales (Rs cr)
2011
2012
Change
34.00
22.00
-35%
185825.52 222149.88
20%
Average Net Sales (Rs cr)
5465.46
10097.72
85%
Total PBDITA (Rs cr)
29436.51
27360.04
-7%
Average PBDITA (Rs cr)
865.78
1243.64
44%
Total PAT (Rs cr)
16435.88
15230.09
-7%
Average PAT (Rs cr)
483.41
692.28
43%
2011
2012
Change
Automobile ancillaries Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
PARAMETER Total no of companies
46.00
46.00
0%
Total Net Sales (Rs cr)
38749.59
38749.59
0%
1
8
410
-402
Bharat Forge Ltd
3,078.34
770.38
310.83
9.80
10%
2
17
317
-300
Bosch Ltd
7,149.69
1,487.23
859.27
9.44
12%
3
31
25
6
Motherson Sumi Systems Ltd
3,096.92
511.37
287.49
8.72
9%
Average PBDITA (Rs cr)
138.38
143.29
4%
4
50
0
Wabco India Ltd
980.70
207.32
127.43
12.95
13%
Total PAT (Rs cr)
2378.40
3789.33
59%
5
97
0
Endurance Technologies Ltd
2,515.94
345.92
103.39
4.21
4%
Average PAT (Rs cr)
51.70
56.56
9%
roce
PAT/ Net Sales
PARAMETER
2011
2012
2010-11
2010-11
Average Net Sales (Rs cr)
842.38
842.38
0%
Total PBDITA (Rs cr)
6365.30
9600.51
51%
Cement Sectoral rank
96
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
1
79
77
2
Ultratech Cement Ltd
14,858.60
2,954.64
1,404.23
8.48
9%
2
87
210
-123
Ambuja Cements Ltd
8,311.69
2,192.09
1,264.32
13.75
15%
3
313
0
N C L Industries Ltd
464.75
100.97
23.42
4.88
5%
4
378
0
5
393 408
-15
Change
Total no of companies
26.00
26.00
0%
Total Net Sales (Rs cr)
57312.20
68887.88
20%
Average Net Sales (Rs cr)
2204.32
2649.53
20%
Total PBDITA (Rs cr)
16769.96
13812.68
-18%
Average PBDITA (Rs cr)
645.00
531.26
-18%
Megha Technical & Engineers Pvt Ltd
347.10
38.03
36.43
10.44
10%
Total PAT (Rs cr)
8686.31
5779.17
-33%
Orient Paper & Inds Ltd
2,247.04
333.37
143.10
5.95
6%
Average PAT (Rs cr)
334.09
222.28
-33%
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Sectoral Rankings
Chemicals & petro. prod. Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
PARAMETER Total no of companies
2011 76.00
2012
Change
97.00
28%
Total Net Sales (Rs cr)
844188.25 1157841.92
37%
Average Net Sales (Rs cr)
43132.33
14253.45
-67%
1
78
714
Hindustan Gum & Chemicals Ltd
773.47
79.92
55.31
7.06
7%
2
180
0
Sukhjit Starch & Chemicals Ltd
353.45
63.06
38.78
10.86
11%
Total PBDITA (Rs cr)
81367.39
96225.60
18%
3
248
0
Himadri Chemicals & Inds Ltd
784.91
207.36
114.39
14.28
15%
Average PBDITA (Rs cr)
3952.86
1241.91
-69%
Rashtriya Chemicals & Fertilizers Ltd
5,620.59
568.28
245.12
3.74
4%
Total PAT (Rs cr)
39269.15
43687.06
11%
Jai Bharat Gum & Chemicals Ltd
325.91
21.22
9.75
2.96
3%
Average PAT (Rs cr)
1928.33
566.50
-71%
roce
PAT/ Net Sales
PARAMETER
2011
2012
2010-11
2010-11
4
306 572
5
363
-636
-266
0
Clothing & textile Sectoral rank
overall RANK
company
2012 2011 change
1
7
0
2
12
24
3
36
4 5
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
Change
Total no of companies
49.00
80.00
63%
Total Net Sales (Rs cr)
48966.74
89602.77
83%
999.32
1120.03
12%
10818.11
16683.10
54%
Vardhman Textiles Ltd
3,636.96
943.53
445.81
12.70
12%
S R F Ltd
3,204.44
914.49
483.44
14.25
15%
0
Sutlej Textiles & Inds Ltd
1,617.37
298.56
114.34
6.69
7%
Average PBDITA (Rs cr)
220.78
208.54
-6%
53
0
Nahar Spinning Mills Ltd
1,392.08
299.45
119.73
9.01
9%
Total PAT (Rs cr)
4538.85
6107.40
35%
60
0
R S W M Ltd
2,071.47
385.14
122.96
6.23
6%
Average PAT (Rs cr)
92.63
76.34
-18%
PARAMETER
2011
2012
Change
-12
Average Net Sales (Rs cr) Total PBDITA (Rs cr)
Cosmetics & soaps Sectoral rank
overall RANK
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
Total no of companies
14.00
12.00
-14%
Total Net Sales (Rs cr)
37613.34
34060.37
-9%
Average Net Sales (Rs cr)
2686.67
2838.36
6% -12%
1
69
450
-381
Emami Ltd
1,222.36
296.67
125.40
9.17
10%
2
71
427
-356
Hindustan Unilever Ltd
20,598.89
3,128.11
2,305.97
10.52
11%
Total PBDITA (Rs cr)
6608.95
5800.47
3
102 144
-42
Reckitt Benckiser (India) Ltd
2,195.37
445.90
338.57
15.17
15%
Average PBDITA (Rs cr)
472.07
483.37
2%
4
112
73
39
Dabur India Ltd
3,306.09
649.28
471.81
14.08
14%
Total PAT (Rs cr)
4414.73
4101.71
-7%
5
185 375
-190
Galaxy Surfactants Ltd
903.87
119.02
61.52
6.85
7%
Average PAT (Rs cr)
315.34
341.81
8%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
97
2.0 Top
Manufacturing Companies
Diversified manufacturing Sectoral rank
overall RANK
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
PARAMETER
2011
2012
Change
Total no of companies
16.00
24.00
50%
Total Net Sales (Rs cr)
33366.72
60114.57
80%
Average Net Sales (Rs cr)
2085.42
2504.77
20% 56%
1
81
384
-303
Apar Industries Ltd
2,932.75
224.25
105.85
3.55
4%
2
105 199
-94
Aditya Birla Nuvo Ltd
6,710.84
1,000.44
379.69
5.35
6%
Total PBDITA (Rs cr)
4396.31
6837.19
3
131
65
66
Godrej & Boyce Mfg Co Ltd
5,843.87
654.51
398.98
6.35
7%
Average PBDITA (Rs cr)
274.77
284.88
4%
4
139
0
Hindusthan Engineering & Inds Ltd
728.54
113.53
43.07
5.77
6%
Total PAT (Rs cr)
1858.05
3337.14
80%
5
165 255
12,301.20
1,470.62
845.43
6.40
7%
Average PAT (Rs cr)
116.13
139.05
20%
2012
Change
-90
Siemens Ltd
Electrical & electronic goods Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
PARAMETER
2011
Total no of companies
31.00
35.00
13%
Total Net Sales (Rs cr)
49423.46
62704.81
27%
1
40
225 -185
Bharat Electronics Ltd
5,554.85
1,393.97
857.68
13.35
15%
2
54
354 -300
Opto Circuits (India) Ltd
603.20
277.99
244.38
38.19
41%
3
85
20
Exide Industries Ltd
5,558.79
1,026.14
666.36
10.67
12%
Average PBDITA (Rs cr)
225.55
254.87
13%
4
235
0
R P Info Systems Pvt Ltd
1,620.94
179.72
89.66
5.30
6%
Total PAT (Rs cr)
3132.44
3924.34
25%
5
242
43
Whirlpool Of India Ltd
2,929.00
313.54
166.15
5.17
6%
Average PAT (Rs cr)
101.05
112.12
11%
PARAMETER
2011
2012
Change
65
199
Average Net Sales (Rs cr)
1594.31
1791.57
12%
Total PBDITA (Rs cr)
6992.06
8920.33
28%
Electrical equipment Sectoral rank
98
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
1
2
94
-92
Bharat Heavy Electricals Ltd
44,002.81
13,292.63
6,011.20
11.23
14%
2
67
35
32
Crompton Greaves Ltd
6,411.18
1,046.85
694.33
10.57
11%
3
191 393
-202
Powerica Ltd
1,184.44
214.54
128.06
9.66
11%
4
218
66
152
Havells India Ltd
3,178.89
377.30
242.05
7.50
5
344
0
Secure Meters Ltd
587.11
103.35
40.92
6.88
september 2012 | industry 2.0 - technology management for decision-makers
Total no of companies
32.00
19.00
-41%
Total Net Sales (Rs cr)
81242.01
63974.67
-21%
Average Net Sales (Rs cr)
2538.81
3367.09
33%
Total PBDITA (Rs cr)
14538.92
16272.62
12%
Average PBDITA (Rs cr)
454.34
856.45
89%
8%
Total PAT (Rs cr)
8501.23
7575.04
-11%
7%
Average PAT (Rs cr)
265.66
398.69
50%
www.industry20.com
Sectoral Rankings
Food products Sectoral rank
overall RANK
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
PARAMETER
2011
2012
Change
Total no of companies
91.00
75.00
-18%
Total Net Sales (Rs cr)
145238.32
170501.48
17%
Average Net Sales (Rs cr)
1596.03
2273.35
42%
1
22
10
12
I T C Ltd
30,633.57
8,015.21
4,988.21
15.81
16%
2
29
23
6
Nestle India Ltd
6,382.78
1,293.58
818.66
12.88
13%
Total PBDITA (Rs cr)
21292.60
22201.37
4%
3
55
67
-12
Glaxosmithkline Consumer Healthcare Ltd
2,490.43
502.93
300.14
11.66
12%
Average PBDITA (Rs cr)
233.98
296.02
27%
4
62
120
-58
Jubilant Foodworks Ltd
765.44
122.85
72.00
9.35
9%
Total PAT (Rs cr)
10731.75
10911.56
2%
5
108 307
-199
Gujarat Ambuja Exports Ltd
1,956.08
165.08
94.10
4.50
5%
Average PAT (Rs cr)
117.93
145.49
23%
roce
PAT/ Net Sales
PARAMETER
2011
2012
Change
2010-11
2010-11
Gems & jewellery Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
Total no of companies
19.00
18.00
-5%
Total Net Sales (Rs cr)
51337.61
37683.73
-27%
1
35
41
-6
Titan Industries Ltd
6,703.99
669.97
430.42
6.00
6%
2
91
233
-142
Gitanjali Gems Ltd
5,122.89
365.17
224.60
4.37
4%
3
110 148
-38
Shree Ganesh Jewellery House Ltd
5,242.94
392.94
263.85
4.96
5%
Average PBDITA (Rs cr)
106.89
148.24
39%
4
166 185
-19
Su-Raj Diamonds & Jewellery Ltd
5,178.52
188.37
111.64
2.10
2%
Total PAT (Rs cr)
1077.68
1479.28
37%
5
206
Tribhovandas Bhimji Zaveri Ltd
1,193.93
89.72
39.42
3.30
3%
Average PAT (Rs cr)
56.72
82.18
45%
roce
PAT/ Net Sales
PARAMETER
2011
2012
Change
2010-11
2010-11
0
Average Net Sales (Rs cr)
2701.98
2093.54
-23%
Total PBDITA (Rs cr)
2030.86
2668.27
31%
Glass & ceramics Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
1
88
541
2
154
0
3
161 265
-104
4
295 499
-204
Vesuvius India Ltd
476.12
92.58
48.85
9.88
5
443 211
232
Graphite India Ltd
1,283.39
300.75
172.32
12.83
www.industry20.com
-453
H S I L Ltd
1,113.47
219.40
87.35
6.85
8%
Piramal Glass Ltd
802.32
213.24
68.59
8.48
9%
Kajaria Ceramics Ltd
1,005.50
150.76
60.66
6.30
6%
Total no of companies
13.00
13.00
0%
Total Net Sales (Rs cr)
8833.15
10801.65
22%
Average Net Sales (Rs cr)
679.47
830.90
22%
Total PBDITA (Rs cr)
1920.53
1901.46
-1%
Average PBDITA (Rs cr)
147.73
146.27
-1%
10%
Total PAT (Rs cr)
896.94
807.27
-10%
13%
Average PAT (Rs cr)
69.00
62.10
-10%
industry 2.0 - technology management for decision-makers | september 2012
99
2.0 Top
Manufacturing Companies
Iron & steel Sectoral rank
overall RANK
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
1
9
252
-243
Tata Steel Ltd
31,901.94
12,611.49
6,861.15
20.60
22%
2
13
702
-689
Indian Metals & Ferro Alloys Ltd
1,052.22
349.61
165.44
15.18
16%
3
14
434
-420
Jindal Steel & Power Ltd
10,460.43
3,994.48
2,064.12
19.10
20%
4
52
60
-8
Bhushan Steel Ltd
7,576.29
2,101.96
1,005.09
13.12
13%
5
83
0
Indian Technomac Co Ltd
1,761.05
149.15
67.19
3.81
4%
PARAMETER Total no of companies Total Net Sales (Rs cr)
2011
2012
Change
78.00
52.00
-33%
161172.24 193315.20
20%
Average Net Sales (Rs cr)
2066.31
3717.60
80%
Total PBDITA (Rs cr)
39760.83
41528.54
4%
Average PBDITA (Rs cr)
509.75
798.63
57%
Total PAT (Rs cr)
19532.94
20273.14
4%
Average PAT (Rs cr)
250.42
389.87
56%
2011
2012
Change
Machinery & equipment Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
PARAMETER Total no of companies
31.00
39.00
26%
Total Net Sales (Rs cr)
24527.42
45631.40
86%
1
26
461
-435
Atlas Copco (India) Ltd
1,759.41
310.76
165.73
9.21
9%
2
37
579
-542
S K F India Ltd
2,208.85
301.54
177.02
7.70
8%
3
42
290
-248
Cummins India Ltd
4,253.25
854.88
590.99
13.17
14%
Average PBDITA (Rs cr)
127.20
179.51
41%
4
48
0
National Engineering Inds Ltd
1,091.64
241.84
118.90
10.51
11%
Total PAT (Rs cr)
2261.07
3732.77
65%
5
51
537
F A G Bearings India Ltd
1,116.09
214.13
121.50
10.86
11%
Average PAT (Rs cr)
72.94
95.71
31%
roce
PAT/ Net Sales
PARAMETER
2011
2012
2010-11
2010-11
-486
Average Net Sales (Rs cr)
791.21
1170.04
48%
Total PBDITA (Rs cr)
3943.05
7000.95
78%
Metal products Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
1
10
710
-700
Welspun Steel Ltd
610.22
733.98
514.39
39.67
84%
2
27
661
-634
Nelcast Ltd
557.47
146.54
86.90
12.59
16%
3
43
240
-197
Ahmednagar Forgings Ltd
935.74
248.68
108.16
11.55
12%
4
45
608
-563
Bhilai Engineering Corpn Ltd
798.72
176.01
69.00
8.64
5
75
93
-18
T T K Prestige Ltd
776.71
129.64
83.75
10.77
100
september 2012 | industry 2.0 - technology management for decision-makers
Change
Total no of companies
35.00
46.00
31%
Total Net Sales (Rs cr)
46864.11
66139.64
41%
Average Net Sales (Rs cr)
1338.97
1437.82
7%
Total PBDITA (Rs cr)
7170.71
10947.72
53%
Average PBDITA (Rs cr)
204.88
237.99
16%
9%
Total PAT (Rs cr)
3372.46
4339.41
29%
11%
Average PAT (Rs cr)
96.36
94.34
-2%
www.industry20.com
Sectoral Rankings
Non-ferrous metals Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
1
18
486
-468
National Aluminium Co Ltd
6,482.65
2,066.02
1,069.30
15.67
16%
2
28
7
21
Hindustan Zinc Ltd
10,565.02
6,434.27
4,900.49
42.84
46%
3
39
312
-273
Sterlite Industries (India) Ltd
16,253.88
2,335.52
1,419.71
7.81
9%
4
64
304
-240
Hindalco Industries Ltd
25,352.20
3,627.50
2,136.92
8.18
5
122
0
Hindustan Copper Ltd
1,261.47
449.91
224.10
16.60
PARAMETER
2011
2012
Change
Total no of companies
12.00
17.00
42%
Total Net Sales (Rs cr)
53582.06
70646.77
32%
Average Net Sales (Rs cr)
4465.17
4155.69
-7%
Total PBDITA (Rs cr)
13345.88
16560.40
24%
Average PBDITA (Rs cr)
1112.16
974.14
-12%
8%
Total PAT (Rs cr)
8552.83
10533.94
23%
18%
Average PAT (Rs cr)
712.74
619.64
-13%
2012
Change
Non-metallic mineral products Sectoral rank
overall RANK
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
PARAMETER
2011
Total no of companies
9.00
9.00
0%
Total Net Sales (Rs cr)
5143.61
9303.77
81%
Average Net Sales (Rs cr)
571.51
1033.75
81%
Total PBDITA (Rs cr)
971.19
1253.01
29% 29%
1
61
328
-267
Carborundum Universal Ltd
995.66
228.40
124.26
9.77
12%
2
410
75
335
Grindwell Norton Ltd
849.81
143.01
85.63
9.90
10%
3
510 258
252
Everest Industries Ltd
763.19
84.29
40.72
4.15
5%
Average PBDITA (Rs cr)
107.91
139.22
4
522 289
233
Ramco Industries Ltd
618.32
119.28
53.21
8.41
9%
Total PAT (Rs cr)
494.05
537.97
9%
5
573
533
Prism Cement Ltd
3,564.45
365.15
97.03
2.51
3%
Average PAT (Rs cr)
54.89
59.77
9%
roce
PAT/ Net Sales
PARAMETER
2011
2012
Change
40
Pharmaceuticals Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
2010-11
2010-11
Total no of companies
56.00
54.00
-4%
Total Net Sales (Rs cr)
63171.75
71452.29
13%
1
3
127
-124
Matrix Laboratories Ltd
2,877.73
721.55
465.72
14.90
16%
2
15
26
-11
Biocon Ltd
1,571.79
609.06
459.25
27.23
29%
3
16
0
Ranbaxy Laboratories Ltd
5,423.38
2,300.76
1,148.73
13.07
21%
Average PBDITA (Rs cr)
287.75
360.84
25%
4
20
0
Wyeth Ltd
653.11
245.33
165.29
24.19
25%
Total PAT (Rs cr)
10390.59
12115.67
17%
5
24
217
Pfizer Ltd
1,288.93
362.53
226.34
15.69
18%
Average PAT (Rs cr)
185.55
224.36
21%
www.industry20.com
-193
Average Net Sales (Rs cr)
1128.07
1323.19
17%
Total PBDITA (Rs cr)
16113.78
19485.32
21%
industry 2.0 - technology management for decision-makers | september 2012
101
2.0 Top
Manufacturing Companies
Plastics & polymers Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
PARAMETER
2011
2012
Change
Total no of companies
24.00
31.00
29%
Total Net Sales (Rs cr)
25092.27
34542.36
38%
1
1
203
-202
Jindal Poly Films Ltd
2,970.73
989.26
592.66
19.61
20%
2
4
495
-491
Garware Polyester Ltd
943.02
275.59
188.45
21.34
20%
3
5
342
-337
Uflex Ltd
2,501.65
658.76
282.01
10.86
11%
Average PBDITA (Rs cr)
184.57
218.38
18%
4
19
623
-604
Ester Industries Ltd
717.02
226.41
129.47
17.94
18%
Total PAT (Rs cr)
1998.10
3347.97
68%
5
32
270
-238
Sintex Industries Ltd
2,718.74
648.46
357.56
13.12
13%
Average PAT (Rs cr)
83.25
108.00
30%
roce
PAT/ Net Sales
PARAMETER
2011
2012
Change
Average Net Sales (Rs cr)
1045.51
1114.27
7%
Total PBDITA (Rs cr)
4429.72
6769.88
53%
Rubber products Sectoral rank
overall RANK
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
2010-11
2010-11
Total no of companies
13.00
11.00
-15%
Total Net Sales (Rs cr)
22371.72
32433.77
45%
Average Net Sales (Rs cr)
1720.90
2948.52
71%
Total PBDITA (Rs cr)
3012.30
3106.09
3%
1
230
57
173
M R F Ltd
10,644.86
1,244.04
619.42
1.91
6%
2
271
42
229
Balkrishna Industries Ltd
2,018.83
372.59
185.66
9.11
9%
3
376 202
174
T V S Srichakra Ltd
1,186.81
102.65
39.17
3.28
3%
Average PBDITA (Rs cr)
231.72
282.37
22%
4
409
85
324
Goodyear India Ltd
1,383.10
132.65
74.81
4.78
5%
Total PAT (Rs cr)
1390.57
1286.18
-8%
5
424 218
206
Fenner (India) Ltd
439.26
93.29
47.27
10.49
11%
Average PAT (Rs cr)
106.97
116.93
9%
roce
PAT/ Net Sales
PARAMETER
2011
2012
2010-11
2010-11
Wires & cables Sectoral rank
overall RANK 2012 2011 change
1
104 588
2
173
3
343 248
4
466
5
536
102
company
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
Change
Total no of companies
9.00
9.00
0%
Total Net Sales (Rs cr)
8323.75
12928.80
55%
Diamond Power Infrastructure Ltd
1,172.94
163.35
97.62
8.31
8%
Finolex Cables Ltd
2,186.36
200.25
86.82
3.93
4%
Precision Wires India Ltd
976.18
65.83
31.00
3.22
3%
Average PBDITA (Rs cr)
120.43
128.38
7%
0
Kei Industries Ltd
1,256.26
95.12
10.56
0.81
1%
Total PAT (Rs cr)
638.42
469.33
-26%
0
Polycab Wires Pvt Ltd
3,583.41
236.99
70.16
1.35
2%
Average PAT (Rs cr)
70.94
52.15
-26%
-484
0 95
september 2012 | industry 2.0 - technology management for decision-makers
Average Net Sales (Rs cr)
924.86
1436.53
55%
Total PBDITA (Rs cr)
1083.83
1155.38
7%
www.industry20.com
2.0 Top
Manufacturing expenses
2.0 Top
Manufacturing
2009-10
2010-11
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
I 2 Rank
COMPANY
INDUSTRIAL ACTIVITY
Expenses
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
AUTO 688
Atlas Cycles (Haryana) Ltd
Bicycles
515.79
621.71
21%
24.40
42.08
72%
518
Avon Cycles Ltd
Bicycles
285.19
310.50
9%
22.66
26.24
16%
689
B E M L Ltd
Earth moving machinery
1,829.91
1,672.40
-9%
128.16
150.51
17%
146
Eicher Motors Ltd
Motorcycles
231.44
281.51
22%
7.23
7.92
10%
494
Escorts Ltd
Tractors
1,813.79
2,138.70
18%
27.91
31.31
12%
172
Hyundai Motor India Ltd
Passenger cars
16,325.77 16,093.38
-1%
252.37
271.59
8%
301
S M L Isuzu Ltd
Light commercial vehicles
551.40
689.27
25%
0.85
1.51
78%
130
T A F E Motors & Tractors Ltd
Tractors
797.54
993.74
25%
9.42
11.68
24%
56
T V S Motor Co Ltd
Two wheelers
3,169.76
4,806.50
52%
34.36
48.71
42%
422
Telco Construction Equipment Co Ltd
Scrappers, shovels & excavators
1,197.42
1,655.25
38%
37.85
50.58
34%
210
Titagarh Wagons Ltd
Railway wagons, coaches, etc.
362.57
437.79
21%
33.00
43.47
32%
65
Tractors & Farm Equipment Ltd
Tractors
1,874.80
2,690.22
43%
31.84
41.49
30%
23
V E Commercial Vehicles Ltd
Heavy commercial vehicles
1,143.59
2,060.96
80%
8.13
14.09
73%
462
V S T Tillers Tractors Ltd
Power tillers
219.38
283.24
29%
3.60
3.66
2%
AUTOMOBILE ANCILLARIES 444
Amtek Auto Ltd
Automobile ancillaries
806.90
1,161.76
44%
15.79
20.01
27%
285
Automotive Axles Ltd
Axle shafts
489.42
754.77
54%
15.11
20.20
34%
475
Automotive Stampings & Assemblies Ltd
Auto sheet metal parts
326.56
428.94
31%
7.18
9.48
32%
669
Bajaj Motors Ltd
Automobile engine parts
219.76
278.17
27%
31.10
45.75
47%
577
Banco Products (India) Ltd
Radiators
216.10
265.53
23%
7.91
10.09
28%
550
Bharat Gears Ltd
Gears including crown wheels
141.07
200.63
42%
19.04
25.84
36%
519
Bharat Seats Ltd
Auto seating systems
298.26
386.90
30%
0.36
0.59
64%
104
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
legend
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
7.57
8.64
14%
9.75
2.19
2.73
25%
31.69
29.23
5.03
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr)
Meet the top performers of India who have scored big through innovative thinking, cost-optimisation strategies, intelligent marketing and quality products and services, and, of course, sheer hard work.
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
6.92
-29%
31.47
36.92
17%
7.91
11.96
51%
1.86
2.64
42%
13.38
14.58
9%
0.21
0.19
-10%
-8%
28.69
19.74
-31%
466.18
602.47
29%
154.02
204.79
33%
5.48
9%
4.82
5.50
14%
27.50
31.42
14%
35.10
47.40
35%
31.99
35.22
10%
40.88
40.61
-1%
236.55
266.78
13%
26.73
30.04
12%
121.02
132.67
10%
141.66
171.59
21%
274.76
325.19
18%
1,108.76
1,621.06
46%
4.62
5.94
29%
1.59
1.45
-9%
35.71
51.26
44%
60.32
89.18
48%
7.80
9.33
20%
12.61
16.88
34%
57.95
71.84
24%
25.13
27.36
9%
50.23
68.10
36%
48.08
57.37
19%
221.89
287.65
30%
320.58
536.89
67%
8.81
11.04
25%
6.34
12.78
102%
90.25
109.95
22%
137.08
234.17
71%
20.70
27.41
32%
3.86
2.10
-46%
20.11
25.99
29%
15.82
21.98
39%
29.24
35.68
22%
22.40
35.10
57%
152.31
179.53
18%
46.51
62.29
34%
15.63
23.40
50%
17.23
21.21
23%
132.35
152.58
15%
142.55
281.29
97%
2.05
2.44
19%
1.48
2.35
59%
20.05
24.17
21%
1.21
1.84
52%
26.20
34.52
32%
7.53
8.15
8%
59.54
71.70
20%
0.85
1.02
20%
12.80
21.56
68%
12.71
15.80
24%
34.68
45.14
30%
64.48
101.88
58%
6.17
6.95
13%
6.33
7.48
18%
24.87
33.34
34%
38.16
61.77
62%
21.13
29.93
42%
7.63
10.98
44%
7.26
8.28
14%
38.89
48.02
23%
4.64
5.56
20%
6.34
10.03
58%
15.78
18.41
17%
24.93
35.98
44%
19.60
24.87
27%
4.69
7.11
52%
34.15
43.91
29%
17.92
25.09
40%
3.97
5.07
28%
2.15
3.14
46%
5.66
7.61
34%
31.56
47.97
52%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
Industry 2.0 presents the Batch of 2011.
105
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
407.23
570.63
40%
13.58
24.15
78%
1,747.51
2,346.55
34%
161.42
183.12
13%
265
Bosch Chassis Systems India Ltd
Brake assembly
17
Bosch Ltd
Automobile engine parts
512
Bright Autoplast Ltd
Auto plastic moulded components
93.12
135.16
45%
11.03
13.23
20%
312
Delphi-T V S Diesel Systems Ltd
Fuel injection equipment
326.98
398.66
22%
24.96
31.62
27%
716
Denso India Ltd
Electrical automobile parts
506.73
699.21
38%
6.21
7.82
26%
572
Dynamatic Technologies Ltd
Automobile ancillaries
177.39
208.93
18%
12.96
14.74
14%
97
Endurance Technologies Ltd
Automobile ancillaries
1,054.25
1,586.69
51%
39.64
51.14
29%
278
F C C Rico Ltd
Clutch assembly
381.47
489.66
28%
5.73
8.51
49%
609
Federal-Mogul Goetze (India) Ltd
Automobile engine parts
316.31
423.93
34%
82.24
98.67
20%
368
Fiem Industries Ltd
Other auto lights
176.21
264.25
50%
4.94
6.09
23%
325
G K N Driveline (India) Ltd
Axle housing/front axle assembly
252.00
361.46
43%
18.97
21.08
11%
288
Gabriel India Ltd
Shock absorbers
485.19
681.91
41%
15.15
21.80
44%
220
Hi-Tech Gears Ltd
Drive transmission & steering parts
150.10
199.51
33%
17.71
22.91
29%
448
J B M Auto Ltd
Auto sheet metal parts
177.76
254.64
43%
4.33
5.45
26%
428
J M T Auto Ltd
Automobile ancillaries
90.23
154.69
71%
14.37
23.22
62%
136
Jamna Auto Inds Ltd
Leaf springs (Automotive)
412.08
598.63
45%
38.66
60.35
56%
273
Jay Bharat Maruti Ltd
Other automobile ancillaries
643.66
864.10
34%
11.06
12.39
12%
575
Jay Ushin Ltd
Automobile locks
286.52
367.81
28%
1.34
1.81
35%
212
Lucas-Tvs Ltd
Electrical automobile parts
780.99
1,072.87
37%
17.10
20.29
19%
330
Lumax Auto Technologies Ltd
Automobile ancillaries
70.31
88.64
26%
3.65
4.88
34%
310
Lumax Industries Ltd
Auto head lights
447.53
627.91
40%
1.63
2.14
31%
258
Minda Corporation Ltd
Automobile locks
223.28
312.98
40%
4.92
22.18
351%
427
Minda Industries Ltd
Automobile equipment
415.12
641.76
55%
14.65
14.35
-2%
31
Motherson Sumi Systems Ltd
Wiring harness & parts
1,083.37
1,828.10
69%
24.25
37.35
54%
418
Munjal Auto Inds Ltd
Automobile ancillaries
203.29
402.35
98%
12.63
21.49
70%
412
Munjal Showa Ltd
Shock absorbers
792.69
1,020.17
29%
41.21
46.98
14%
717
Pricol Ltd
Automobile equipment
505.35
586.40
16%
3.60
4.65
29%
151
R S B Transmissions (I) Ltd
Propeller shafts
359.92
570.63
59%
30.06
45.40
51%
332
Rane (Madras) Ltd
Steering gears
272.42
385.50
42%
17.23
23.06
34%
497
Rane Brake Lining Ltd
Brake linings
114.14
159.94
40%
4.01
5.29
32%
516
Rane Engine Valve Ltd
Engine valves
91.04
109.23
20%
18.09
20.84
15%
326
Rane T R W Steering Systems Ltd
Steering gears
240.48
362.69
51%
11.40
19.43
70%
106
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
13.65
21.36
56%
7.17
56.02
86.54
54%
13.98
19.95
19.10
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
8.60
20%
47.84
60.38
26%
45.54
86.63
90%
142.55
162.07
14%
563.12
699.17
24%
299.44
464.87
55%
43%
3.34
4.64
39%
16.02
23.58
47%
32.16
39.96
24%
28.98
52%
16.61
22.71
37%
41.50
54.65
32%
37.62
57.81
54%
5.72
7.37
29%
4.62
8.31
80%
55.48
71.83
29%
63.80
90.77
42%
5.10
5.20
2%
5.30
6.37
20%
36.06
47.09
31%
24.42
31.74
30%
90.78
115.45
27%
33.71
44.75
33%
72.35
90.63
25%
120.71
192.73
60%
4.03
5.32
32%
0.76
0.97
28%
15.36
23.24
51%
44.53
72.14
62%
47.80
57.62
21%
6.14
10.93
78%
146.09
165.95
14%
52.80
78.92
49%
13.95
18.43
32%
4.10
5.76
40%
32.43
43.74
35%
20.84
35.90
72%
13.08
15.39
18%
9.86
12.17
23%
27.63
33.83
22%
38.76
59.43
53%
13.60
18.05
33%
8.69
12.48
44%
42.61
61.83
45%
55.78
87.38
57%
13.47
15.41
14%
4.05
3.67
-9%
37.53
47.63
27%
21.95
31.79
45%
3.86
5.01
30%
2.61
3.64
39%
17.10
22.08
29%
21.56
41.42
92%
25.96
39.53
52%
2.19
3.03
38%
9.62
10.66
11%
24.51
24.54
0%
30.88
55.94
81%
4.78
8.05
68%
25.15
36.59
45%
48.42
94.83
96%
14.15
19.35
37%
14.79
15.83
7%
37.08
48.88
32%
76.33
129.13
69%
2.57
3.24
26%
2.99
3.27
9%
19.98
24.21
21%
40.41
56.42
40%
19.80
22.76
15%
15.40
21.33
39%
81.57
107.44
32%
119.06
178.87
50%
1.62
1.81
12%
0.51
0.60
18%
9.86
14.35
46%
10.12
17.62
74%
21.31
29.13
37%
5.44
6.62
22%
49.53
56.97
15%
58.91
89.97
53%
7.69
11.49
49%
2.99
3.96
32%
30.85
45.47
47%
16.12
29.46
83%
14.10
22.60
60%
4.99
5.57
12%
58.76
89.21
52%
39.08
70.62
81%
31.76
51.78
63%
44.13
66.22
50%
149.43
231.29
55%
126.42
265.33
110%
12.82
15.26
19%
1.07
1.28
20%
12.69
18.44
45%
34.80
51.43
48%
34.78
46.06
32%
13.49
15.13
12%
38.20
50.09
31%
73.01
98.00
34%
15.40
18.36
19%
7.49
8.60
15%
82.33
103.88
26%
90.35
92.05
2%
13.52
18.36
36%
5.68
8.08
42%
36.60
55.12
51%
72.82
126.70
74%
7.58
10.29
36%
7.53
8.70
16%
37.07
47.88
29%
29.83
49.01
64%
13.26
16.48
24%
4.95
6.93
40%
29.20
31.60
8%
22.54
34.64
54%
12.55
16.87
34%
7.22
10.36
43%
46.72
54.82
17%
15.92
22.72
43%
8.08
13.10
62%
7.17
11.01
54%
29.42
38.08
29%
34.39
52.69
53%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
107
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
474
Rico Auto Inds Ltd
Automobile ancillaries
474.59
609.16
28%
51.95
63.46
22%
260
Rockman Industries Ltd
Automobile ancillaries
508.20
765.06
51%
36.99
58.88
59%
226
Sakthi Auto Components Ltd
Automobile ancillaries
136.91
251.76
84%
69.66
128.20
84%
237
Setco Automotive Ltd
Clutch plates/discs
130.43
187.03
43%
3.28
5.13
56%
305
Sona Koyo Steering Systems Ltd
Drive transmission & steering parts
653.82
779.67
19%
14.77
19.90
35%
411
Spicer India Ltd
Axle shafts
475.63
660.02
39%
16.71
27.41
64%
264
Steel Strips Wheels Ltd
Wheels for automobiles
279.60
450.22
61%
11.54
22.23
93%
561
Subros Ltd
Automobile ancillaries
692.84
845.80
22%
15.54
24.36
57%
160
Sundaram-Clayton Ltd
Suspension & braking parts
283.56
514.97
82%
49.71
64.65
30%
155
Sundram Fasteners Ltd
Automobile ancillaries
772.74
1,064.77
38%
134.53
199.89
49%
291
Suzuki Powertrain India Ltd
Automobile ancillaries
2,335.85
2,940.58
26%
87.56
106.38
21%
552
Talbros Automotive Components Ltd
Gaskets
123.19
169.01
37%
12.82
19.45
52%
360
Ucal Fuel Systems Ltd
Carburettors
197.57
240.14
22%
12.89
16.85
31%
50
Wabco India Ltd
Air brakes
356.12
542.34
52%
21.58
35.55
65%
554
Cement Manufacturing Co Ltd
Cement
29.29
33.27
14%
3.74
2.81
-25%
616
Chettinad Cement Corpn Ltd
Cement
216.47
267.94
24%
48.36
59.14
22%
746
Deccan Cements Ltd
Portland slag cement
33.70
32.74
-3%
13.96
13.56
-3%
673
Heidelberg Cement India Ltd
Cement
257.47
246.59
-4%
36.48
36.21
-1%
619
J K Cement Ltd
Pozzolana portland cement
247.68
345.32
39%
48.54
68.17
40%
650
K C P Ltd
Cement
95.82
81.97
-14%
36.37
31.15
-14%
581
Madras Cements Ltd
Cement
468.50
456.69
-3%
84.35
65.66
-22%
378
Megha Technical & Engineers Pvt Ltd
Cement
132.42
133.38
1%
0.60
0.88
47%
671
Meghalaya Cement Ltd
Cement
31.37
42.12
34%
14.28
19.11
34%
313
N C L Industries Ltd
Cement
50.38
63.04
25%
9.90
13.06
32%
527
O C L India Ltd
Cement
450.07
517.61
15%
71.20
76.41
7%
393
Orient Paper & Inds Ltd
Portland slag cement
535.18
662.61
24%
59.04
64.12
9%
696
Rain Cements Ltd
Cement
608.84
209.08
-66%
17.59
26.51
51%
710
Sagar Cements Ltd
Cement
50.22
64.35
28%
8.38
14.71
76%
659
Shree Cement Ltd
Cement
635.80
735.35
16%
191.15
216.06
13%
754
Shree Digvijay Cement Co Ltd
Cement
38.04
43.67
15%
27.75
23.69
-15%
79
Ultratech Cement Ltd
Cement
1,409.48
2,741.76
95%
420.43
825.35
96%
749
Zuari Cement Ltd
Cement
95.98
112.59
17%
25.89
25.99
0%
108
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
66.24
79.62
20%
5.61
31.77
40.77
28%
35.10
65.96
2.14
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
6.75
20%
90.18
124.94
39%
53.38
80.59
51%
9.90
7.97
-19%
32.96
45.87
39%
22.81
32.60
43%
88%
6.02
12.90
114%
10.60
15.07
42%
16.93
41.48
145%
2.95
38%
0.99
1.29
30%
13.00
17.96
38%
14.77
24.00
62%
11.72
14.97
28%
5.43
7.70
42%
46.82
63.70
36%
78.94
120.75
53%
4.72
7.05
49%
4.03
6.66
65%
24.95
32.45
30%
41.00
71.05
73%
12.29
17.26
40%
6.86
13.15
92%
20.00
33.45
67%
33.46
61.36
83%
9.32
12.82
38%
12.71
16.07
26%
47.23
55.96
18%
79.18
114.88
45%
31.46
44.56
42%
17.38
20.56
18%
56.43
77.35
37%
42.60
58.16
37%
62.29
86.95
40%
21.70
31.68
46%
111.01
142.69
29%
93.52
142.82
53%
99.18
101.58
2%
17.46
17.33
-1%
48.59
58.09
20%
292.48
443.55
52%
10.72
13.42
25%
3.35
4.85
45%
26.06
31.85
22%
18.32
28.10
53%
11.70
16.50
41%
7.94
9.57
21%
36.04
41.67
16%
33.24
45.70
37%
9.89
14.31
45%
6.85
8.09
18%
47.77
62.28
30%
50.62
85.98
70%
73.57
89.01
21%
9.92
5.10
-49%
20.34
19.12
-6%
23.75
21.49
-10%
310.57
426.82
37%
32.09
41.40
29%
54.82
69.51
27%
168.17
222.41
32%
117.13
111.51
-5%
7.38
8.20
11%
10.57
11.01
4%
77.71
90.46
16%
176.54
194.62
10%
10.62
11.24
6%
61.05
61.60
1%
154.54
149.65
-3%
411.39
554.33
35%
36.80
49.35
34%
86.13
114.20
33%
432.85
576.16
33%
59.01
77.36
31%
14.32
13.80
-4%
41.51
40.02
-4%
41.09
48.14
17%
597.76
662.32
11%
39.72
45.35
14%
152.44
155.29
2%
318.71
359.83
13%
12.16
14.28
17%
0.57
0.60
5%
4.87
7.04
45%
41.36
58.85
42%
68.21
70.46
3%
3.80
4.61
21%
10.20
13.42
32%
9.42
10.46
11%
49.94
95.52
91%
3.34
7.66
129%
13.90
17.36
25%
51.14
99.34
94%
197.81
265.43
34%
41.29
55.55
35%
66.99
65.39
-2%
151.39
209.18
38%
267.97
329.93
23%
38.83
45.78
18%
95.75
107.49
12%
153.35
220.20
44%
14.93
154.94
938%
4.89
11.27
130%
15.56
26.47
70%
47.22
182.29
286%
138.27
158.19
14%
7.06
6.36
-10%
15.10
16.24
8%
99.89
121.77
22%
610.48
912.32
49%
48.69
53.72
10%
139.61
177.80
27%
392.83
446.71
14%
89.98
131.18
46%
5.85
5.59
-4%
15.84
20.55
30%
22.59
31.26
38%
1,432.35
3,126.12
118%
137.87
239.02
73%
229.95
581.63
153%
727.22
1,746.12
140%
260.92
339.40
30%
9.88
11.88
20%
42.83
45.83
7%
124.27
156.04
26%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
109
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
CEMENT 554
Cement Manufacturing Co Ltd
Cement
29.29
33.27
14%
3.74
2.81
-25%
616
Chettinad Cement Corpn Ltd
Cement
216.47
267.94
24%
48.36
59.14
22%
746
Deccan Cements Ltd
Portland slag cement
33.70
32.74
-3%
13.96
13.56
-3%
673
Heidelberg Cement India Ltd
Cement
257.47
246.59
-4%
36.48
36.21
-1%
619
J K Cement Ltd
Pozzolana portland cement
247.68
345.32
39%
48.54
68.17
40%
650
K C P Ltd
Cement
95.82
81.97
-14%
36.37
31.15
-14%
581
Madras Cements Ltd
Cement
468.50
456.69
-3%
84.35
65.66
-22%
378
Megha Technical & Engineers Pvt Ltd
Cement
132.42
133.38
1%
0.60
0.88
47%
671
Meghalaya Cement Ltd
Cement
31.37
42.12
34%
14.28
19.11
34%
313
N C L Industries Ltd
Cement
50.38
63.04
25%
9.90
13.06
32%
527
O C L India Ltd
Cement
450.07
517.61
15%
71.20
76.41
7%
393
Orient Paper & Inds Ltd
Portland slag cement
535.18
662.61
24%
59.04
64.12
9%
696
Rain Cements Ltd
Cement
608.84
209.08
-66%
17.59
26.51
51%
710
Sagar Cements Ltd
Cement
50.22
64.35
28%
8.38
14.71
76%
659
Shree Cement Ltd
Cement
635.80
735.35
16%
191.15
216.06
13%
754
Shree Digvijay Cement Co Ltd
Cement
38.04
43.67
15%
27.75
23.69
-15%
79
Ultratech Cement Ltd
Cement
1,409.48
2,741.76
95%
420.43
825.35
96%
749
Zuari Cement Ltd
Cement
95.98
112.59
17%
25.89
25.99
0%
CHEMICALS & PETROLEUM PRODUCTS 484
Finolex Industries Ltd
Plastics & Rubbers
973.73
1,335.41
37%
19.70
22.11
12%
78
Hindustan Gum & Chemicals Ltd
Guar gum
257.36
577.39
124%
13.87
21.01
51%
389
Vikas W S P Ltd
Guar gum
235.49
315.67
34%
1.09
1.11
2%
505
Aarti Industries Ltd
Dinitrochlorobenzene
709.61
764.45
8%
16.47
18.77
14%
286
Akzo Nobel India Ltd
Decorative paints
344.60
449.30
30%
1.90
1.40
-26%
176
Asian Paints Ltd
Decorative paints
2,381.04
3,106.91
30%
19.11
24.99
31%
113
Atul Ltd
Chemicals
672.66
902.86
34%
10.85
10.93
1%
93
B O C India Ltd
Oxygen
213.37
158.32
-26%
17.02
22.55
32%
308
Bayer Cropscience Ltd
Pesticides
360.79
386.44
7%
4.07
7.66
88%
174
Berger Paints India Ltd
Decorative paints
839.89
1,097.60
31%
3.02
4.58
52%
348
Bharat Petroleum Corpn Ltd
Middle distillates
50671.97
62,783.65
24%
79.52
53.25
-33%
546
Bodal Chemicals Ltd
Chemicals
336.44
385.90
15%
4.42
3.48
-21%
110
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
73.57
89.01
21%
9.92
310.57
426.82
37%
117.13
111.51
176.54
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
5.10
-49%
20.34
19.12
-6%
23.75
21.49
-10%
32.09
41.40
29%
54.82
69.51
27%
168.17
222.41
32%
-5%
7.38
8.20
11%
10.57
11.01
4%
77.71
90.46
16%
194.62
10%
10.62
11.24
6%
61.05
61.60
1%
154.54
149.65
-3%
411.39
554.33
35%
36.80
49.35
34%
86.13
114.20
33%
432.85
576.16
33%
59.01
77.36
31%
14.32
13.80
-4%
41.51
40.02
-4%
41.09
48.14
17%
597.76
662.32
11%
39.72
45.35
14%
152.44
155.29
2%
318.71
359.83
13%
12.16
14.28
17%
0.57
0.60
5%
4.87
7.04
45%
41.36
58.85
42%
68.21
70.46
3%
3.80
4.61
21%
10.20
13.42
32%
9.42
10.46
11%
49.94
95.52
91%
3.34
7.66
129%
13.90
17.36
25%
51.14
99.34
94%
197.81
265.43
34%
41.29
55.55
35%
66.99
65.39
-2%
151.39
209.18
38%
267.97
329.93
23%
38.83
45.78
18%
95.75
107.49
12%
153.35
220.20
44%
14.93
154.94
938%
4.89
11.27
130%
15.56
26.47
70%
47.22
182.29
286%
138.27
158.19
14%
7.06
6.36
-10%
15.10
16.24
8%
99.89
121.77
22%
610.48
912.32
49%
48.69
53.72
10%
139.61
177.80
27%
392.83
446.71
14%
89.98
131.18
46%
5.85
5.59
-4%
15.84
20.55
30%
22.59
31.26
38%
1,432.35
3126.12
118%
137.87
239.02
73%
229.95
581.63
153%
727.22
1,746.12
140%
260.92
339.40
30%
9.88
11.88
20%
42.83
45.83
7%
124.27
156.04
26%
161.46
162.97
1%
9.63
10.65
11%
36.90
45.36
23%
137.56
213.92
56%
21.10
45.28
115%
3.69
7.42
101%
8.22
10.60
29%
1.32
1.57
19%
11.47
19.62
71%
0.27
0.51
89%
3.82
5.01
31%
0.66
0.40
-39%
98.42
98.89
0%
12.57
15.01
19%
30.25
34.94
16%
55.81
91.77
64%
5.00
5.80
16%
2.70
3.40
26%
49.50
64.00
29%
78.30
117.60
50%
47.03
68.61
46%
28.03
34.56
23%
246.56
281.69
14%
448.13
653.13
46%
112.52
137.61
22%
45.56
55.63
22%
95.67
95.73
0%
59.97
86.73
45%
172.92
259.65
50%
12.11
15.23
26%
38.32
46.22
21%
32.20
52.92
64%
14.25
18.66
31%
15.81
19.57
24%
133.11
152.05
14%
73.96
101.84
38%
17.86
22.61
27%
4.46
5.63
26%
79.03
94.97
20%
137.10
204.79
49%
237.12
475.89
101%
493.59
537.51
9%
1,027.30
1,034.66
1%
9,985.71
12,415.77
24%
44.66
51.40
15%
6.72
7.28
8%
21.52
28.52
33%
45.46
64.27
41%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
111
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
985.38
1,220.02
24%
1.22
1.25
2%
1,072.66
1,230.02
15%
36.98
47.91
30%
34
Castrol India Ltd
Lube oils & lubricants
59
Chambal Fertilisers & Chemicals Ltd
Urea
263
Cheminova India Ltd
Pesticides
165.96
259.38
56%
3.42
3.53
3%
370
Chennai Petroleum Corpn Ltd
Petroleum products (Refineries)
23,759.93
31,100.69
31%
74.49
50.07
-33%
207
Confidence Petroleum India Ltd
Liquefied petroleum gas
282.08
524.85
86%
10.24
14.69
43%
199
D I C India Ltd
Printing ink
294.51
370.44
26%
2.00
6.82
241%
259
Dhanuka Agritech Ltd
Pesticides
228.09
263.19
15%
0.25
0.23
-8%
489
Excel Crop Care Ltd
Pesticides
291.66
323.54
11%
2.61
3.10
19%
439
G H C L Ltd
Sodium carbonate (Soda Ash)
438.35
627.45
43%
32.21
33.84
5%
47
Godrej Consumer Products Ltd
Chemicals
440.15
598.09
36%
5.38
8.59
60%
697
Grauer & Weil (India) Ltd
Chemicals
124.97
163.72
31%
0.87
3.19
267%
319
Gujarat Alkalies & Chemicals Ltd
Sodium hydroxide (Caustic Soda)
605.22
653.28
8%
28.69
37.49
31%
209
Gujarat Fluorochemicals Ltd
Refrigerant gases
177.97
226.38
27%
19.53
24.23
24%
86
Gujarat Narmada Valley Fertilizers Co Ltd
Chemicals
1,280.13
1,564.95
22%
28.96
38.21
32%
11
Gujarat State Fertilizers & Chemicals Ltd
Fertilisers
2,475.65
2,576.30
4%
37.80
35.67
-6%
719
Hikal Ltd
Organic chemicals
216.08
232.56
8%
8.84
8.25
-7%
208
Hindustan Petroleum Corpn Ltd
Petroleum products (Refineries)
37,901.86
40,478.67
7%
174.27
116.66
-33%
726
I G Petrochemicals Ltd
Phthalic Anhydride
425.97
534.62
26%
0.96
1.78
85%
346
India Glycols Ltd
Chemicals
768.17
960.24
25%
103.57
111.29
7%
655
Indian Explosives Ltd
Blasting powder
238.49
226.55
-5%
2.29
1.97
-14%
429
Indian Oil Corpn Ltd
Petroleum products (Refineries)
116,556.29
142,880.91
23%
744.07
825.83
11%
637
Indofil Industries Ltd
Pesticides
347.41
466.38
34%
4.16
4.87
17%
123
Inox Air Products Ltd
Oxygen
41.49
53.13
28%
10.46
10.93
4%
523
Insecticides (India) Ltd
Insecticides
242.20
281.08
16%
0.96
1.43
49%
605
Jindal Photo Ltd
Photographic paper
197.68
204.64
4%
0.22
0.11
-50%
372
Johnson & Johnson Ltd
Chemicals
474.27
651.07
37%
21.91
35.97
64%
440
Jubilant Life Sciences Ltd
Organic chemicals
1,169.72
995.66
-15%
116.08
94.24
-19%
700
Kanoria Chemicals & Inds Ltd
Inorganic chemicals
182.12
214.11
18%
13.34
15.78
18%
119
Khaitan Chemicals & Fertilizers Ltd
Single superphosphate
205.71
330.46
61%
11.93
14.07
18%
74
Madras Fertilizers Ltd
Urea
701.87
867.47
24%
21.51
21.50
0%
261
Mangalore Chemicals & Fertilizers Ltd
Fertilisers
956.66
1,064.46
11%
9.57
7.85
-18%
592
Meghmani Organics Ltd
Pesticides
451.06
527.48
17%
6.50
8.77
35%
109
Micro Inks Ltd
Printing ink
850.45
1,148.03
35%
7.40
6.81
-8%
112
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
3.48
3.64
5%
16.57
16.10
-3%
90.89
88.41
-3%
370.06
417.84
13%
584.86
655.98
12%
24.78
28.21
14%
94.19
109.50
16%
4.79
5.30
11%
21.65
21.58
0%
4.23
3.73
-12%
22.57
27.90
24%
26.71
44.68
67%
42.43
38.23
-10%
155.85
127.97
-18%
171.12
183.12
7%
4,364.61
5,189.59
19%
2.90
4.16
43%
0.55
0.62
13%
4.05
5.82
44%
12.31
15.30
24%
8.04
6.13
-24%
3.30
2.46
-25%
29.45
34.27
16%
36.81
53.82
46%
1.53
1.55
1%
5.36
7.15
33%
25.07
33.27
33%
38.14
55.26
45%
13.07
15.96
22%
9.66
11.83
22%
42.71
45.63
7%
34.97
51.48
47%
186.87
227.91
22%
11.73
15.08
29%
78.27
88.37
13%
61.25
90.05
47%
32.90
51.15
55%
3.60
4.82
34%
119.47
129.01
8%
29.29
90.20
208%
2.16
3.31
53%
3.16
4.86
54%
17.08
21.01
23%
21.38
30.87
44%
171.28
229.72
34%
36.43
40.96
12%
106.14
97.46
-8%
107.11
139.04
30%
174.72
173.83
-1%
19.97
24.59
23%
55.96
57.98
4%
21.69
38.14
76%
359.25
372.07
4%
79.00
85.17
8%
161.94
188.30
16%
100.57
146.47
46%
317.28
335.25
6%
78.26
70.15
-10%
214.46
213.70
0%
114.33
174.00
52%
50.38
54.22
8%
7.26
8.54
18%
39.03
44.98
15%
7.49
18.55
148%
473.71
615.68
30%
559.69
648.81
16%
900.33
1,195.43
33%
7,637.12
9,229.28
21%
10.94
15.54
42%
4.97
6.35
28%
12.75
12.54
-2%
32.43
51.66
59%
182.38
236.93
30%
13.87
13.49
-3%
39.19
59.66
52%
245.92
239.85
-2%
8.67
10.32
19%
5.09
6.24
23%
28.20
28.64
2%
33.62
34.05
1%
1,137.43
2,058.61
81%
1,389.17
1,461.54
5%
3,280.84
5,191.97
58%
22,443.22
26,885.75
20%
21.95
22.26
1%
5.33
3.88
-27%
45.05
59.33
32%
42.95
42.73
-1%
151.50
170.26
12%
7.34
4.67
-36%
48.68
53.84
11%
40.60
55.18
36%
0.93
0.86
-8%
0.73
0.76
4%
9.07
12.76
41%
19.73
28.06
42%
1.17
1.01
-14%
0.56
0.56
0%
5.72
5.88
3%
20.83
25.76
24%
15.02
20.60
37%
18.62
20.18
8%
284.40
352.01
24%
57.74
111.55
93%
199.46
206.65
4%
44.82
42.62
-5%
166.17
159.18
-4%
84.40
78.46
-7%
79.30
87.70
11%
12.77
16.71
31%
31.80
36.11
14%
31.62
38.85
23%
5.46
6.87
26%
4.34
1.88
-57%
5.20
8.19
58%
1.28
3.02
136%
377.89
434.14
15%
19.57
31.60
61%
35.74
49.54
39%
0.74
0.92
24%
267.11
304.70
14%
32.60
43.42
33%
39.64
49.33
24%
2.05
3.76
83%
51.15
60.57
18%
4.39
6.58
50%
20.31
23.37
15%
41.31
62.00
50%
55.72
64.79
16%
12.21
13.15
8%
51.80
65.00
25%
57.44
76.04
32%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
113
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
103
Nagarjuna Fertilizers & Chemicals Ltd
Urea
422.59
587.11
39%
15.87
22.19
40%
338
National Fertilizers Ltd
Urea
2,643.11
3,317.01
25%
31.39
24.66
-21%
504
Nocil Ltd
Rubber chemicals
254.91
283.77
11%
4.63
4.24
-8%
196
Numaligarh Refinery Ltd
Petroleum products (Refineries)
6,547.68
7,034.57
7%
28.24
61.78
119%
158
P I Industries Ltd
Pesticides
308.87
434.45
41%
6.40
5.08
-21%
150
Paradeep Phosphates Ltd
Diammonium phosphate
1,872.36
2,265.50
21%
25.80
33.42
30%
321
Phillips Carbon Black Ltd
Carbon black
937.55
1,304.87
39%
39.20
45.64
16%
175
Pidilite Industries Ltd
Glues (adhesive)
702.69
909.64
29%
8.94
11.40
28%
128
Rallis India Ltd
Pesticides
420.33
541.81
29%
4.03
5.29
31%
57
Reliance Industries Ltd
Petroleum products (Refineries)
150,693.19
196,612.00
30%
2,773.98
3,378.00
22%
21
Riddhi Siddhi Gluco Biols Ltd
Starches
477.17
577.48
21%
12.80
18.63
46%
750
Sabero Organics Gujarat Ltd
Organophosphorous insecticides
257.57
287.54
12%
10.02
10.18
2%
664
Shalimar Paints Ltd
Decorative paints
195.84
229.87
17%
0.84
0.96
14%
425
Sudarshan Chemical Inds Ltd
Pigments
290.26
390.98
35%
15.61
19.33
24%
406
Syngenta India Ltd
Pesticides
980.37
1,178.57
20%
17.37
17.57
1%
567
Tamilnadu Petroproducts Ltd
Linear alkyl benzene
463.42
622.64
34%
28.31
25.36
-10%
679
Thirumalai Chemicals Ltd
Phthalic Anhydride
450.47
558.07
24%
3.71
4.11
11%
402
Tide Water Oil Co (India) Ltd
Lube oils & lubricants
302.97
437.86
45%
1.12
1.22
9%
456
United Phosphorus Ltd
Pesticides
1,242.82
1,386.26
12%
26.36
28.92
10%
377
Vishnu Chemicals Ltd
Chromates of sodium, potassium, zinc & lead
136.16
175.07
29%
34.90
47.67
37%
269
Vivimed Labs Ltd
Chemicals for photographic uses
128.56
200.15
56%
0.98
1.31
34%
CLOTHING & TEXTILES 275
Aarvee Denims & Exports Ltd
Denim
212.28
300.68
42%
8.70
9.98
15%
106
Bannari Amman Spinning Mills Ltd
Cotton yarn
223.47
364.04
63%
0.70
0.96
37%
223
Banswara Syntex Ltd
Textiles
310.12
415.53
34%
40.11
51.45
28%
178
Bata India Ltd
Leather shoes
198.53
195.91
-1%
2.36
2.92
24%
586
Bombay Dyeing & Mfg Co Ltd
Polyester staple fibre (PSF)
822.33
1,169.49
42%
45.70
46.39
2%
736
Chiripal Industries Ltd
Textiles
384.67
422.71
10%
4.61
5.03
9%
479
D C M Ltd
Cotton & blended yarn
129.23
186.64
44%
5.02
6.21
24%
610
Filatex India Ltd
Polyester filament yarn (PFY)
309.34
394.23
27%
5.68
6.78
19%
740
First Winner Inds Ltd
Cloth (Fabrics)
3.52
2.00
-43%
1.18
1.71
45%
192
Flexituff International Ltd
Sacks/Bags (Cotton)
193.06
340.71
76%
12.89
19.78
53%
114
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
312.80
389.15
24%
12.56
12.32
-2%
68.85
89.60
1,074.94
1,262.25
17%
76.57
74.20
-3%
217.34
41.73
42.55
2%
6.38
6.92
8%
0.03
2.11
6933%
49.59
69.53
20.91
26.83
28%
3.60
62.73
92.24
47%
13.67
14.30
22.16
30%
3.12
4.19
34%
253.90
17%
11.03
16.28
48%
30.25
26.26
-13%
25.57
34.47
35%
40%
85.76
103.58
21%
802.08
779.40
-3%
3.91
9%
40.72
51.99
28%
26.56
47.37
78%
12.27
18.53
51%
41.24
61.90
50%
3.18
5.84
84%
5%
9.35
11.77
26%
31.35
42.74
36%
112.96
189.67
68%
28.96
31%
9.23
9.64
4%
185.76
213.70
15%
100.46
140.61
40%
19.38
30.44
57%
7.28
9.01
24%
61.21
62.97
3%
62.15
83.94
35%
2,706.71
2,255.00
-17%
660.18
904.00
37%
2,067.55
2,329.00
13%
8,913.08
11,338.00
27%
65.90
89.10
35%
4.27
4.45
4%
16.49
18.92
15%
16.62
31.83
92%
28.73
28.72
0%
3.81
3.00
-21%
14.93
18.29
23%
30.90
28.01
-9%
3.21
3.82
19%
1.67
1.96
17%
16.19
19.21
19%
28.25
37.53
33%
38.27
51.99
36%
11.88
12.92
9%
45.63
49.92
9%
34.69
48.10
39%
54.14
66.96
24%
8.41
12.98
54%
69.00
82.42
19%
51.25
73.47
43%
197.77
231.34
17%
13.05
14.74
13%
18.49
21.62
17%
69.41
107.99
56%
17.90
24.12
35%
2.21
4.18
89%
11.50
14.76
28%
48.71
68.02
40%
1.58
1.62
3%
2.50
2.22
-11%
19.98
23.40
17%
101.63
111.74
10%
63.03
111.31
77%
20.69
25.48
23%
108.23
126.21
17%
102.59
162.59
58%
8.95
12.92
44%
4.09
5.81
42%
5.44
7.64
40%
19.07
25.06
31%
7.72
10.50
36%
1.39
3.14
126%
11.28
11.35
1%
0.13
0.15
15%
45.81
52.46
15%
4.46
5.02
13%
16.16
19.47
20%
0.57
1.01
77%
17.49
24.97
43%
8.36
13.23
58%
9.12
14.59
60%
0.52
1.32
154%
72.40
81.22
12%
10.06
8.42
-16%
67.30
87.44
30%
17.07
37.36
119%
28.82
32.75
14%
7.62
8.44
11%
160.25
168.71
5%
25.19
28.96
15%
82.87
85.78
4%
5.19
8.08
56%
45.04
54.53
21%
50.70
106.50
110%
55.61
56.26
1%
6.17
6.63
7%
17.45
20.87
20%
40.36
50.95
26%
21.61
22.21
3%
0.47
0.51
9%
53.64
55.27
3%
0.32
0.32
0%
25.07
22.20
-11%
2.52
2.20
-13%
9.07
10.51
16%
29.54
50.74
72%
2.00
2.42
21%
0.29
0.28
-3%
1.91
2.60
36%
0.04
0.01
-75%
15.66
22.37
43%
6.77
6.41
-5%
40.50
59.70
47%
1.80
6.71
273%
www.industry20.com
Y-O-Y Change
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
115
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
COMPANY
INDUSTRIAL ACTIVITY
Manufacturing expenses
I 2 Rank
2.0 Top
532
Garware-Wall Ropes Ltd
Sanitary towels, twine, cordage, ropes, etc.
190.86
225.73
18%
23.58
26.45
12%
391
Ginni International Ltd
Cloth (Fabrics)
184.58
251.00
36%
15.03
16.93
13%
735
Grasim Bhiwani Textiles Ltd
Man-made fabrics
118.89
151.04
27%
17.16
20.73
21%
240
Grasim Industries Ltd
Viscose staple fibre (VSF)
2,604.67
2,077.67
-20%
333.70
122.93
-63%
118
Hanung Toys & Textiles Ltd
Other textile articles
617.95
855.56
38%
0.80
0.67
-16%
292
J B F Industries Ltd
Polyester chips & granules
2,158.64
2,852.59
32%
21.62
30.85
43%
492
Jindal Worldwide Ltd
Denim
193.60
276.62
43%
19.24
22.86
19%
565
K G Denim Ltd
Cloth (Fabrics)
132.64
177.09
34%
31.96
35.96
13%
140
K P R Mill Ltd
Cotton yarn
527.75
715.17
36%
16.95
23.71
40%
613
Liberty Shoes Ltd
Leather shoes
105.34
132.84
26%
2.14
1.92
-10%
179
Loyal Textile Mills Ltd
Cotton & cotton textiles
232.05
466.77
101%
19.23
26.97
40%
339
Ludlow Jute & Specialities Ltd
Jute & jute products
111.82
198.04
77%
10.27
14.04
37%
311
Maral Overseas Ltd
Cotton yarn
96.13
268.09
179%
9.83
22.88
133%
257
Mirza International Ltd
Footwear
133.46
176.55
32%
1.91
3.09
62%
524
Nagreeka Exports Ltd
Cotton yarn
88.05
145.58
65%
3.86
4.96
28%
354
Nahar Industrial Enterprises Ltd
Cotton yarn
590.64
836.29
42%
94.41
107.72
14%
53
Nahar Spinning Mills Ltd
Cotton & blended yarn
561.31
831.50
48%
23.37
23.02
-1%
469
Nandan Exim Ltd
Denim
182.31
323.28
77%
4.06
2.22
-45%
63
Oswal Woollen Mills Ltd
Wool & woollen textiles
221.31
364.91
65%
34.49
43.49
26%
188
Page Industries Ltd
Apparels (Readymade garment)
115.28
153.27
33%
2.72
4.43
63%
702
Pasupati Acrylon Ltd
Acrylic fibre
124.97
320.03
156%
4.34
9.79
126%
722
Pearl Global Ltd
Apparels (Readymade garment)
173.83
214.25
23%
4.62
6.83
48%
445
Pradip Overseas Ltd
Cloth processed
1,243.94
1,607.72
29%
53.25
59.62
12%
421
Precot Meridian Ltd
Cotton yarn
241.32
374.43
55%
18.30
22.28
22%
60
R S W M Ltd
Cotton & cotton textiles
961.19
1,234.43
28%
71.50
80.53
13%
547
Raj Rayon Industries Ltd
Textured yarn of synthetic filament yarn
201.02
261.55
30%
3.58
2.71
-24%
111
Reid & Taylor (India) Ltd
Cloth (Fabrics)
612.30
675.77
10%
5.24
5.15
-2%
152
S E L Manufacturing Co Ltd
Textiles
503.91
451.52
-10%
11.03
20.62
87%
70
S Kumars Nationwide Ltd
Cloth (Fabrics)
1,644.29
2,054.09
25%
1.23
1.54
25%
12
S R F Ltd
Textiles
1,137.77
1,650.74
45%
10.85
15.00
38%
355
S T Cottex Exports Pvt Ltd
Cotton & blended yarn
139.01
264.14
90%
0.21
0.41
95%
Sangam (India) Ltd
Yarn of synthetic staple fibres, excluding sewing thread
515.07
721.40
40%
48.65
58.64
21%
116
116
september 2012 | industry 2.0 - technology management for decision-makers
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
www.industry20.com
2010-11
Y-O-Y Change
22.52
27.40
24.17
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
22%
8.64
11.06
28%
52.04
60.57
23.39
-3%
1.32
1.68
27%
11.97
28.43
32.60
15%
2.97
2.48
-16%
1,165.64
498.93
-57%
87.54
45.11
17.40
20.59
18%
3.06
134.50
161.25
20%
18.24
18.99
20.68
16%
3.75
3.11
-17%
14.89
24%
0.04
0.06
50%
36.38
38.21
5%
0.24
0.46
92%
-48%
447.47
284.86
-36%
717.60
379.17
-47%
4.00
31%
26.32
28.07
7%
0.72
0.65
-10%
2.90
3.17
9%
24.76
35.39
43%
162.89
308.12
89%
4%
1.52
4.11
170%
6.71
8.70
30%
2.07
2.36
14%
27.32
32%
6.40
10.71
67%
12.45
15.81
27%
0.46
0.42
-9%
24.38
30.88
27%
15.42
21.37
39%
42.76
52.29
22%
0.29
0.46
59%
3.30
4.53
37%
2.86
4.05
42%
26.56
35.14
32%
7.24
10.55
46%
50.12
69.07
38%
13.41
23.04
72%
24.85
38.01
53%
1.03
0.96
-7%
9.61
12.85
34%
2.86
4.42
55%
37.71
51.13
36%
1.92
3.20
67%
15.21
36.73
141%
4.95
10.05
103%
16.23
35.40
118%
0.33
1.04
215%
10.37
12.21
18%
2.68
3.36
25%
19.91
22.66
14%
0.60
0.36
-40%
15.24
17.85
17%
0.36
0.41
14%
8.13
9.27
14%
0.27
0.18
-33%
138.42
149.07
8%
3.66
6.23
70%
64.24
81.03
26%
2.58
4.79
86%
140.26
145.61
4%
21.66
24.95
15%
78.24
90.29
15%
4.53
2.17
-52%
28.30
33.27
18%
0.23
0.10
-57%
12.95
14.61
13%
0.20
0.26
30%
37.48
46.24
23%
13.02
15.38
18%
43.94
53.19
21%
0.82
2.44
198%
2.74
4.36
59%
3.01
3.99
33%
53.41
83.12
56%
7.71
14.77
92%
18.44
38.57
109%
1.85
4.15
124%
5.72
14.04
145%
16.71
40.62
143%
7.37
10.36
41%
0.90
1.95
117%
39.16
55.32
41%
1.18
0.87
-26%
13.32
16.00
20%
1.22
2.02
66%
5.48
6.29
15%
0.08
0.31
288%
47.07
60.72
29%
23.90
29.08
22%
40.54
48.38
19%
0.35
0.37
6%
175.17
172.40
-2%
8.45
10.45
24%
120.17
150.93
26%
15.02
12.63
-16%
29.60
28.14
-5%
0.91
0.62
-32%
5.42
6.38
18%
19.62
36.49
86%
19.23
20.14
5%
1.83
2.37
30%
30.91
40.85
32%
0.30
0.84
180%
45.47
52.47
15%
6.64
7.33
10%
19.85
37.36
88%
0.46
0.72
57%
7.99
16.55
107%
1.68
2.22
32%
39.77
55.79
40%
0.39
1.11
185%
165.73
212.49
28%
45.08
51.39
14%
92.54
122.53
32%
168.62
285.18
69%
25.21
28.13
12%
3.47
5.96
72%
11.30
25.45
125%
0.20
0.17
-15%
101.57
104.26
3%
3.83
3.97
4%
56.80
67.36
19%
3.06
12.57
311%
www.industry20.com
Y-O-Y Change
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
117
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
147
Shiva Texyarn Ltd
Cotton yarn
125.66
270.93
116%
2.65
4.16
57%
164
Siyaram Silk Mills Ltd
Cloth (Fabrics)
274.23
386.90
41%
15.86
19.74
24%
167
Sumeet Industries Ltd
Polypropylene filament yarn (PPFY)
257.78
490.75
90%
1.05
2.94
180%
571
Superhouse Ltd
Leather shoes
212.76
256.20
20%
72.96
86.96
19%
435
Supreme Tex Mart Ltd
Synthetic staple fibres, not carded or combed
264.09
441.89
67%
25.75
41.64
62%
268
Suryajyoti Spinning Mills Ltd
Cotton yarn
157.36
258.24
64%
10.33
24.92
141%
149
Suryalakshmi Cotton Mills Ltd
Cloth (Fabrics)
276.56
399.42
44%
32.97
44.59
35%
495
T T Ltd
Cotton & blended yarn
115.07
190.30
65%
1.78
2.14
20%
351
Trident Ltd
Textiles
952.07
1,495.00
57%
38.91
46.68
20%
503
Vardhman Acrylics Ltd
Acrylic fibre
125.07
219.32
75%
2.31
2.50
8%
7
Vardhman Textiles Ltd
Cotton yarn
1,466.83
2,006.78
37%
123.27
147.32
20%
362
Vardhman Yarns & Threads Ltd
Cotton yarn & sewing threads
133.39
160.52
20%
20.38
22.12
9%
468
Welspun Syntex Ltd
Polyester filament yarn (PFY)
258.94
367.55
42%
27.49
34.87
27%
COSMETICS & SOAPS 270
Colgate-Palmolive (India) Ltd
Preparations for oral or dental hygiene
637.48
748.94
17%
7.96
9.42
18%
112
Dabur India Ltd
Diversified
607.06
785.06
29%
10.36
11.72
13%
69
Emami Ltd
Cosmetics & toilet preparations
145.78
349.13
139%
1.35
1.66
23%
185
Galaxy Surfactants Ltd
Organic surface-active agents other than soap
381.00
615.07
61%
0.78
1.12
44%
71
Hindustan Unilever Ltd
5,355.62
6,011.10
12%
103.36
146.94
42%
472
Jyothy Laboratories Ltd
Cosmetics, toilet preparations, soap & washing preparations Cosmetics, toilet preparations, soap & washing preparations
98.48
125.85
28%
3.00
3.38
13%
373
Privi Organics Ltd
Essential oils
169.19
234.74
39%
1.83
3.69
102%
420
Procter & Gamble Hygiene & Health Care Ltd
Cosmetics & toilet preparations
183.83
214.38
17%
3.49
4.97
42%
102
Reckitt Benckiser (India) Ltd
Soap, washing preparations, etc.
558.21
678.20
21%
3.00
3.55
18%
DIVERSIFIED MANUFACTURING 361
3M India Ltd
Diversified
316.11
375.47
19%
3.80
3.86
2%
701
A B B Ltd
Diversified
1,898.38
2,616.63
38%
32.13
29.56
-8%
382
Alstom T & D India Ltd
Diversified
2,462.92
2,890.44
17%
9.53
14.68
54%
277
B A S F India Ltd
Diversified
596.55
1,430.48
140%
4.51
9.20
104%
231
Bajaj Electricals Ltd
Diversified
165.64
183.54
11%
10.67
9.97
-7%
417
Behr India Ltd
Diversified
202.48
327.98
62%
6.57
12.21
86%
184
Bombay Burmah Trdg Corpn Ltd
Diversified
137.69
143.12
4%
16.57
15.56
-6%
365
Clariant Chemicals (India) Ltd
Diversified
389.57
436.85
12%
5.07
5.33
5%
118
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
13.96
14.30
2%
6.39
9.66
12.18
14.18
16%
8.13
9.95
32.98
231%
8.47
10.81
30.71
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
51%
6.36
10.21
61%
0.41
0.58
41%
15.45
90%
35.46
43.60
23%
0.66
1.97
198%
1.69
1.81
7%
2.81
5.73
104%
28.63
62.95
120%
28%
4.51
5.00
11%
18.30
21.36
17%
1.44
1.63
13%
36.44
19%
1.32
0.92
-30%
11.03
15.14
37%
0.18
0.72
300%
17.40
22.21
28%
0.78
1.00
28%
13.85
19.63
42%
2.31
3.06
32%
37.74
44.61
18%
7.02
8.60
23%
19.87
26.82
35%
2.99
4.59
54%
15.19
20.49
35%
0.64
0.85
33%
9.38
12.18
30%
0.12
0.19
58%
153.71
188.35
23%
4.55
7.51
65%
179.07
198.55
11%
20.45
24.92
22%
15.39
17.36
13%
3.29
4.19
27%
6.26
6.87
10%
17.55
33.35
90%
350.65
376.98
8%
88.84
104.52
18%
167.45
200.60
20%
25.24
32.19
28%
39.28
39.62
1%
14.90
15.41
3%
38.53
46.76
21%
0.48
0.48
0%
32.19
32.50
1%
2.55
3.32
30%
17.07
22.26
30%
18.03
33.89
88%
14.03
14.46
3%
10.80
9.66
-11%
152.06
185.11
22%
74.66
109.54
47%
35.43
42.39
20%
11.39
13.82
21%
194.77
196.08
1%
28.11
37.36
33%
5.53
6.09
10%
8.94
9.71
9%
50.75
62.95
24%
68.22
83.28
22%
20.08
27.26
36%
7.65
7.11
-7%
24.95
32.30
29%
29.76
59.75
101%
244.34
274.74
12%
89.65
106.65
19%
892.02
869.86
-2%
746.98
992.92
33%
11.79
14.41
22%
2.78
3.81
37%
60.84
70.36
16%
56.09
70.96
27%
14.88
20.20
36%
1.70
2.61
54%
8.91
13.27
49%
10.21
15.47
52%
6.19
6.13
-1%
5.05
4.64
-8%
65.71
73.67
12%
18.50
43.73
136%
13.03
19.66
51%
8.70
12.97
49%
86.94
98.55
13%
56.10
63.64
13%
7.67
7.95
4%
10.01
9.29
-7%
121.99
139.00
14%
33.54
45.77
36%
27.16
30.47
12%
15.57
21.40
37%
365.75
459.56
26%
273.20
343.62
26%
17.28
23.97
39%
34.07
43.21
27%
267.29
318.97
19%
168.47
264.64
57%
22.18
42.06
90%
6.26
14.36
129%
94.34
173.42
84%
89.12
176.30
98%
3.89
2.00
-49%
4.93
3.83
-22%
90.76
117.72
30%
23.73
24.74
4%
1.90
3.29
73%
2.16
2.81
30%
23.21
30.13
30%
1.45
0.76
-48%
13.92
15.59
12%
6.75
4.98
-26%
49.29
51.97
5%
8.38
12.34
47%
45.74
36.05
-21%
10.79
14.35
33%
51.81
57.40
11%
53.80
65.87
22%
www.industry20.com
Y-O-Y Change
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
119
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
323
Genus Power Infrastructures Ltd
Diversified
462.56
514.42
11%
5.20
5.68
9%
187
Gillanders Arbuthnot & Co Ltd
Diversified
306.68
397.93
30%
22.87
27.46
20%
139
Hindusthan Engineering & Inds Ltd
Diversified
286.12
428.47
50%
39.15
56.49
44%
530
I F B Industries Ltd
Diversified
246.73
286.45
16%
27.20
25.15
-8%
692
Impex Ferro Tech Ltd
Diversified
101.30
380.21
275%
0.65
0.65
0%
703
Kamdhenu Ispat Ltd
Diversified
184.08
184.52
0%
2.72
2.65
-3%
165
Siemens Ltd
Diversified
2,036.20
2,161.85
6%
58.36
65.35
12%
535
Technocraft Industries (India) Ltd
Diversified
214.09
293.10
37%
18.82
24.45
30%
290
V-Guard Industries Ltd
Diversified
149.28
231.08
55%
4.40
4.65
6%
238
Voltas Ltd
Diversified
313.22
385.90
23%
4.63
4.68
1%
ELECTRICAL & ELECTRICAL GOODS 361
3M India Ltd
Diversified
316.11
375.47
19%
3.80
3.86
2%
701
A B B Ltd
Diversified
1,898.38
2,616.63
38%
32.13
29.56
-8%
382
Alstom T & D India Ltd
Diversified
2,462.92
2,890.44
17%
9.53
14.68
54%
277
B A S F India Ltd
Diversified
596.55
1,430.48
140%
4.51
9.20
104%
231
Bajaj Electricals Ltd
Diversified
165.64
183.54
11%
10.67
9.97
-7%
417
Behr India Ltd
Diversified
202.48
327.98
62%
6.57
12.21
86%
184
Bombay Burmah Trdg Corpn Ltd
Diversified
137.69
143.12
4%
16.57
15.56
-6%
365
Clariant Chemicals (India) Ltd
Diversified
389.57
436.85
12%
5.07
5.33
5%
323
Genus Power Infrastructures Ltd
Diversified
462.56
514.42
11%
5.20
5.68
9%
187
Gillanders Arbuthnot & Co Ltd
Diversified
306.68
397.93
30%
22.87
27.46
20%
139
Hindusthan Engineering & Inds Ltd
Diversified
286.12
428.47
50%
39.15
56.49
44%
530
I F B Industries Ltd
Diversified
246.73
286.45
16%
27.20
25.15
-8%
692
Impex Ferro Tech Ltd
Diversified
101.30
380.21
275%
0.65
0.65
0%
703
Kamdhenu Ispat Ltd
Diversified
184.08
184.52
0%
2.72
2.65
-3%
165
Siemens Ltd
Diversified
2,036.20
2,161.85
6%
58.36
65.35
12%
535
Technocraft Industries (India) Ltd
Diversified
214.09
293.10
37%
18.82
24.45
30%
290
V-Guard Industries Ltd
Diversified
149.28
231.08
55%
4.40
4.65
6%
238
Voltas Ltd
Diversified
313.22
385.90
23%
4.63
4.68
1%
ELECTRICAL EQUIPMENT 593
Ador Welding Ltd
Welding electrodes / sticks / wires / fluxes
149.64
181.70
21%
5.94
5.73
-4%
436
Bharat Bijlee Ltd
Transformers
459.93
504.87
10%
1.57
2.93
87%
120
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
1.25
2.01
61%
1.74
40.11
43.92
9%
33.86
41.74
5.32
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2.16
24%
28.67
39.85
39%
10.18
15.64
54%
13.07
13.02
0%
70.33
74.60
6%
10.74
14.32
33%
23%
4.46
5.19
16%
70.39
81.21
15%
16.78
23.88
42%
6.77
27%
3.07
4.85
58%
42.57
48.42
14%
34.01
42.50
25%
51.28
40.44
-21%
1.19
1.17
-2%
1.23
1.69
37%
4.50
2.16
-52%
18.30
16.19
-12%
1.82
2.11
16%
13.28
15.65
18%
22.17
29.47
33%
35.07
40.59
16%
29.72
60.00
102%
581.35
865.40
49%
289.89
448.08
55%
30.57
21.31
-30%
7.26
10.37
43%
22.41
27.79
24%
0.17
0.09
-47%
3.71
3.73
1%
2.37
2.96
25%
25.18
35.54
41%
9.57
13.44
40%
2.41
3.56
48%
6.90
7.29
6%
470.20
479.78
2%
24.99
36.25
45%
7.67
7.95
4%
10.01
9.29
-7%
121.99
139.00
14%
33.54
45.77
36%
27.16
30.47
12%
15.57
21.40
37%
365.75
459.56
26%
273.20
343.62
26%
17.28
23.97
39%
34.07
43.21
27%
267.29
318.97
19%
168.47
264.64
57%
22.18
42.06
90%
6.26
14.36
129%
94.34
173.42
84%
89.12
176.30
98%
3.89
2.00
-49%
4.93
3.83
-22%
90.76
117.72
30%
23.73
24.74
4%
1.90
3.29
73%
2.16
2.81
30%
23.21
30.13
30%
1.45
0.76
-48%
13.92
15.59
12%
6.75
4.98
-26%
49.29
51.97
5%
8.38
12.34
47%
45.74
36.05
-21%
10.79
14.35
33%
51.81
57.40
11%
53.80
65.87
22%
1.25
2.01
61%
1.74
2.16
24%
28.67
39.85
39%
10.18
15.64
54%
40.11
43.92
9%
13.07
13.02
0%
70.33
74.60
6%
10.74
14.32
33%
33.86
41.74
23%
4.46
5.19
16%
70.39
81.21
15%
16.78
23.88
42%
5.32
6.77
27%
3.07
4.85
58%
42.57
48.42
14%
34.01
42.50
25%
51.28
40.44
-21%
1.19
1.17
-2%
1.23
1.69
37%
4.50
2.16
-52%
18.30
16.19
-12%
1.82
2.11
16%
13.28
15.65
18%
22.17
29.47
33%
35.07
40.59
16%
29.72
60.00
102%
581.35
865.40
49%
289.89
448.08
55%
30.57
21.31
-30%
7.26
10.37
43%
22.41
27.79
24%
0.17
0.09
-47%
3.71
3.73
1%
2.37
2.96
25%
25.18
35.54
41%
9.57
13.44
40%
2.41
3.56
48%
6.90
7.29
6%
470.20
479.78
2%
24.99
36.25
45%
5.66
6.98
23%
2.13
2.47
16%
22.29
25.62
15%
20.73
28.35
37%
5.12
5.81
13%
3.27
2.29
-30%
53.07
53.47
1%
51.19
66.79
30%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
121
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
17,631.87
19,818.94
12%
457.40
469.86
3%
407.32
372.34
-9%
0.15
0.01
-93%
2,567.63
2,938.56
14%
29.18
38.02
30%
214.47
267.51
25%
3.53
4.99
41%
1,329.88
1,655.48
24%
24.70
23.81
-4%
2
Bharat Heavy Electricals Ltd
Prime movers
756
Bilpower Ltd
Stampings & laminations
67
Crompton Greaves Ltd
Transformers
508
Esab India Ltd
Welding electrodes / sticks
218
Havells India Ltd
Electrical machinery other than electronics
507
Honda Siel Power Products Ltd
Portable generating sets
163.32
230.68
41%
3.61
3.54
-2%
564
Jyoti Ltd (Duplicate Name, Gujarat)
Motors & generators
205.35
271.86
32%
1.42
1.38
-3%
587
Modern Insulators Ltd
Porcelain HT insulators
282.21
282.21
0%
28.28
28.28
0%
344
Secure Meters Ltd
Meters electricity
414.29
356.55
-14%
1.08
0.06
-94%
643
Transformers & Rectifiers (India) Ltd
Transformers
383.86
454.85
18%
0.88
0.49
-44%
642
Voltamp Transformers Ltd
Transformers
390.48
409.55
5%
6.86
6.84
0%
612
Wartsila India Ltd
Generating sets with diesel engines
103.42
207.05
100%
8.43
3.27
-61%
FOOD PRODUCTS 557
Adani Wilmar Ltd
Edible oils
3,889.43
5,925.74
52%
35.36
53.71
52%
666
Agro Tech Foods Ltd
Edible oils
203.35
259.84
28%
0.15
0.88
487%
732
Ajanta Soya Ltd
Vanaspati
208.12
229.10
10%
1.10
1.00
-9%
517
Amalgamated Bean Coffee Trading Co Ltd
Coffee
81.70
255.74
213%
3.23
4.02
24%
356
Amrit Banaspati Co Ltd
Vanaspati
560.24
722.73
29%
5.47
6.31
15%
555
Amrit Feeds Ltd
Poultry feed
528.17
641.57
21%
1.97
3.18
61%
234
Anil Ltd
Instant & semi-processed foods
267.49
348.65
30%
14.36
23.86
66%
502
B C L Industries & Infrastructures Ltd
Fats, oils and derived products
261.91
412.52
58%
4.40
5.53
26%
699
Bannari Amman Sugars Ltd
Sugar
464.53
811.89
75%
13.85
18.61
34%
578
C C L Products (India) Ltd
Instant coffee
150.47
213.50
42%
1.12
1.65
47%
186
Cadbury India Ltd
Chocolate & sugar confectionery
626.48
913.89
46%
9.19
10.07
10%
758
Dalmia Bharat Sugar & Inds Ltd
Sugar
764.36
505.31
-34%
8.21
7.04
-14%
143
Dharampal Satyapal Ltd
Other tobacco products
383.66
507.71
32%
0.42
0.49
17%
711
Dharani Sugars & Chemicals Ltd
Sugar
558.90
559.59
0%
9.70
10.20
5%
566
Falcon Marine Exports Ltd
Fish, crustaceans & molluscus
192.02
244.53
27%
0.32
0.43
34%
465
G M Breweries Ltd
Country liquor
102.89
85.22
-17%
0.17
0.29
71%
55
Glaxosmithkline Consumer Healthcare Ltd
Malted milk foods
494.46
587.16
19%
1.80
1.95
8%
211
Globus Spirits Ltd
Ethyl alcohol
110.34
148.97
35%
4.28
3.66
-14%
129
Godfrey Phillips India Ltd
Cigarettes
357.08
440.42
23%
0.59
0.63
7%
426
Godrej Agrovet Ltd
Animal and bird feeds
1,085.55
1,228.88
13%
4.13
7.37
78%
122
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
337.99
402.86
19%
161.44
201.24
25%
3,962.80
4,793.00
21%
1,442.95
2,030.50
41%
0.51
0.12
-76%
0.09
0.02
-78%
2.90
1.65
-43%
3.92
1.31
-67%
31.02
35.90
16%
39.34
34.88
-11%
231.59
275.30
19%
255.20
343.34
35%
7.81
10.37
33%
2.61
3.16
21%
26.07
33.90
30%
32.63
42.98
32%
35.67
42.81
20%
10.85
13.10
21%
74.51
104.27
40%
112.53
171.42
52%
4.12
5.13
25%
2.57
3.39
32%
23.16
27.10
17%
16.65
28.62
72%
2.29
2.47
8%
1.74
1.81
4%
24.71
36.21
47%
8.66
11.79
36%
103.58
103.58
0%
12.70
12.70
0%
31.74
31.74
0%
41.38
41.38
0%
4.80
2.53
-47%
3.30
2.88
-13%
82.23
57.30
-30%
2.21
0.48
-78%
2.46
3.05
24%
1.73
1.53
-12%
14.02
19.02
36%
38.41
44.04
15%
2.62
2.23
-15%
0.59
1.11
88%
15.82
15.83
0%
55.04
65.36
19%
1.38
1.59
15%
3.69
2.89
-22%
65.90
71.27
8%
5.37
4.44
-17%
79.22
124.30
57%
9.77
12.97
33%
40.58
49.85
23%
7.40
12.88
74%
1.67
1.70
2%
1.44
1.12
-22%
22.32
25.43
14%
3.16
4.08
29%
7.53
8.62
14%
0.91
0.66
-27%
1.44
1.48
3%
0.38
0.45
18%
15.45
21.12
37%
6.11
9.00
47%
37.47
50.49
35%
48.19
66.65
38%
20.59
21.87
6%
4.15
2.55
-39%
8.12
8.25
2%
1.62
2.84
75%
5.18
8.21
58%
1.68
2.26
35%
8.16
12.48
53%
0.48
0.66
38%
33.05
35.49
7%
6.88
5.71
-17%
14.48
15.08
4%
10.28
17.33
69%
10.22
12.38
21%
2.63
2.52
-4%
2.58
2.87
11%
6.50
14.17
118%
15.61
14.41
-8%
19.74
26.36
34%
32.50
39.31
21%
19.41
29.32
51%
16.37
23.16
41%
4.25
5.58
31%
6.47
8.94
38%
0.81
2.69
232%
37.25
52.61
41%
13.98
15.96
14%
133.98
168.63
26%
132.57
191.50
44%
437.15
35.45
-92%
70.92
13.79
-81%
99.37
34.50
-65%
205.00
29.10
-86%
7.85
9.96
27%
11.66
13.26
14%
50.75
65.31
29%
198.33
140.02
-29%
1.39
2.52
81%
5.31
4.90
-8%
13.64
15.86
16%
22.30
11.56
-48%
0.88
1.78
102%
1.44
1.66
15%
1.13
1.28
13%
0.24
0.22
-8%
0.68
0.85
25%
5.11
5.34
5%
3.17
4.17
32%
393.85
439.17
12%
39.64
45.28
14%
18.50
16.84
-9%
174.38
203.17
17%
117.28
148.77
27%
16.86
34.77
106%
1.30
2.28
75%
4.35
6.53
50%
120.05
142.32
19%
8.72
9.45
8%
10.80
14.60
35%
93.02
122.60
32%
1,243.92
1,509.41
21%
16.57
23.00
39%
2.24
2.73
22%
50.54
64.04
27%
1.21
2.91
140%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
123
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
279
Gokul Refoils & Solvent Ltd
Edible oils
1,944.52
3,301.08
70%
1.34
4.27
219%
108
Gujarat Ambuja Exports Ltd
Wheat flour
877.48
1,244.30
42%
19.09
27.57
44%
629
Gujarat Tea Processors & Packers Ltd
Tea
327.00
387.16
18%
0.11
0.30
173%
374
Hatsun Agro Products Ltd
Milk
884.10
1,005.05
14%
6.52
7.36
13%
674
Hind Agro Inds Ltd
Meat of buffaloes
578.43
571.64
-1%
2.77
2.51
-9%
314
I F B Agro Inds Ltd
Beverages, spirits & vinegar
142.05
190.72
34%
1.68
1.86
11%
22
I T C Ltd
Cigarettes
5,978.81
7,185.22
20%
202.57
213.66
5%
452
J V L Agro Inds Ltd
Fats, oils and derived products
858.67
1,410.28
64%
4.49
3.48
-22%
580
Jay Shree Tea & Inds Ltd
Tea
62.96
177.13
181%
17.17
21.23
24%
62
Jubilant Foodworks Ltd
Pizzas
95.48
154.29
62%
5.51
9.76
77%
345
K R B L Ltd
Rice
1,099.36
1,377.29
25%
3.18
4.71
48%
734
K S E Ltd
Cattle feed
304.08
384.28
26%
2.25
2.81
25%
675
L T Foods Ltd
Rice
340.92
351.43
3%
3.27
4.15
27%
752
Lakshmi Energy & Foods Ltd
Rice
1,014.84
928.84
-8%
0.94
10.01
965%
137
Marico Ltd
Edible oils
844.71
1,118.87
32%
14.11
22.54
60%
400
Mcleod Russel India Ltd
Tea
121.57
143.25
18%
49.84
54.64
10%
29
Nestle India Ltd
Dairy products
2,036.20
2,589.76
27%
21.91
29.67
35%
200
Radico Khaitan Ltd
Indian made foreign liquors
252.79
268.50
6%
13.18
18.28
39%
728
Rasoya Proteins Ltd
Soyabean oil cake
324.31
370.63
14%
3.48
5.67
63%
134
Rei Agro Ltd
Rice
2,572.76
2,006.74
-22%
43.32
31.31
-28%
222
Ruchi Soya Inds Ltd
Soyabean oil
7,346.75
9,940.12
35%
91.27
119.13
31%
562
S K M Animal Feeds & Foods (India) Ltd
Poultry feed
448.99
541.59
21%
2.12
2.43
15%
661
Sanwaria Agro Oils Ltd
Soyabean oil cake
562.64
557.22
-1%
6.11
10.67
75%
253
Shakti Bhog Foods Ltd
Wheat
2,049.75
2,519.37
23%
0.20
0.25
25%
358
Shree Renuka Sugars Ltd
Sugar
3,291.08
3,562.19
8%
36.01
63.24
76%
441
Sri Chamundeswari Sugars Ltd
Sugar
118.30
220.53
86%
8.10
13.42
66%
704
Surya Foods & Agro Ltd
Biscuits
279.86
276.66
-1%
1.40
1.06
-24%
247
United Spirits Ltd
Ethyl alcohol
1,236.23
1,690.70
37%
10.35
18.35
77%
336
Usher Agro Ltd
Rice
290.09
487.51
68%
0.20
0.32
60%
204
Venky's (India) Ltd
Poultry
438.29
500.16
14%
6.16
8.04
31%
413
Vimal Oil & Foods Ltd
Cotton seed oil
414.47
568.12
37%
1.82
2.80
54%
1,105.39
1,253.97
13%
1.52
2.10
38%
GEMS & JEWELLERY 662
Asian Star Co Ltd
124
Diamonds
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
35.12
52.01
48%
2.64
68.60
91.36
33%
0.64
0.70
34.62
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
3.38
28%
13.20
20.20
53%
57.74
144.00
149%
3.70
5.21
41%
38.05
49.29
30%
8.72
13.40
54%
9%
0.73
0.80
10%
13.50
15.81
17%
0.36
0.71
97%
41.74
21%
11.44
11.69
2%
30.95
38.01
23%
1.68
3.26
94%
18.02
20.33
13%
3.33
3.43
3%
5.47
5.71
4%
0.30
0.24
-20%
11.52
14.03
22%
1.90
1.49
-22%
13.14
17.21
31%
176.98
227.86
29%
387.34
421.06
9%
263.91
284.88
8%
836.02
972.64
16%
8,075.26
9,753.29
21%
21.92
43.84
100%
0.42
0.77
83%
3.37
3.81
13%
0.16
0.14
-13%
27.09
32.00
18%
11.08
14.79
33%
105.50
121.13
15%
8.51
15.14
78%
23.28
34.07
46%
8.50
10.21
20%
75.48
126.38
67%
54.58
91.32
67%
6.58
5.37
-18%
9.21
6.57
-29%
25.19
29.61
18%
6.42
6.51
1%
7.51
8.59
14%
1.16
1.35
16%
13.53
16.87
25%
0.44
0.45
2%
6.96
9.48
36%
1.48
1.70
15%
13.97
18.20
30%
0.56
0.50
-11%
3.45
6.83
98%
1.67
1.40
-16%
10.65
11.09
4%
0.23
0.16
-30%
5.24
9.49
81%
8.54
10.66
25%
95.36
97.52
2%
18.48
12.28
-34%
92.60
100.52
9%
42.84
49.45
15%
309.45
330.21
7%
19.49
17.28
-11%
158.87
219.20
38%
43.49
53.84
24%
286.65
351.33
23%
138.58
156.45
13%
21.78
34.46
58%
6.55
9.79
49%
50.19
57.48
15%
700.15
814.19
16%
6.97
5.26
-25%
0.70
0.75
7%
1.68
3.26
94%
4.04
6.57
63%
10.75
7.80
-27%
4.31
4.96
15%
13.57
16.22
20%
0.09
3.82
4144%
165.57
229.25
38%
21.03
25.66
22%
60.92
77.57
27%
23.50
47.15
101%
10.30
11.08
8%
2.41
3.01
25%
5.42
6.51
20%
0.55
0.69
25%
13.03
17.50
34%
0.79
0.44
-44%
4.04
4.90
21%
1.32
3.77
186%
8.79
11.88
35%
1.10
2.37
115%
15.90
22.83
44%
0.21
0.29
38%
29.55
52.20
77%
14.13
24.42
73%
71.62
134.72
88%
122.87
106.08
-14%
19.36
17.70
-9%
4.34
8.74
101%
19.30
25.50
32%
7.11
11.32
59%
25.13
21.75
-13%
7.42
8.64
16%
5.29
5.56
5%
0.10
1.41
1310%
19.34
26.61
38%
15.19
13.30
-12%
305.09
376.92
24%
4,342.01
6,540.55
51%
3.16
5.73
81%
0.60
1.17
95%
4.44
7.51
69%
0.02
0.02
0%
25.02
28.79
15%
8.46
9.52
13%
39.35
50.17
27%
2.18
3.20
47%
4.05
5.81
43%
0.41
0.56
37%
1.90
2.16
14%
0.02
0.21
950%
2.96
3.58
21%
2.44
3.46
42%
11.88
16.68
40%
0.01
0.01
0%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
125
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
COMPANY
INDUSTRIAL ACTIVITY
Manufacturing expenses
I 2 Rank
2.0 Top
225
C Mahendra Exports Ltd
Diamonds
550.20
898.99
63%
0.67
1.16
73%
753
Classic Diamonds (India) Ltd
Diamonds
291.71
164.67
-44%
0.80
0.65
-19%
267
Shrenuj & Co Ltd
Diamonds
710.99
1,300.23
83%
1.46
3.83
162%
35
Titan Industries Ltd
Jewellery
3,148.90
4,428.34
41%
61.46
83.47
36%
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
GLASS, CERAMICS & REFRACTORIES 600
Asian Granito India Ltd
Ceramic tiles
130.48
152.92
17%
13.10
15.32
17%
443
Graphite India Ltd
Graphite carbon bricks
420.01
734.59
75%
78.32
137.46
76%
757
Gujarat Guardian Ltd
Float glass & surface polished glass
119.19
108.72
-9%
15.87
22.03
39%
538
H E G Ltd
Graphite carbon bricks
520.66
701.23
35%
50.71
88.25
74%
88
H S I L Ltd
Bottles
167.82
208.06
24%
28.43
33.05
16%
537
Hindusthan National Glass & Inds Ltd
Bottles
455.82
506.25
11%
71.22
96.16
35%
161
Kajaria Ceramics Ltd
Glazed ceramic tiles, paving & flags
129.92
138.86
7%
11.61
14.73
27%
574
Orient Abrasives Ltd
Goods of siliceous fossil meals / earths
104.39
137.39
32%
24.83
26.35
6%
743
Orient Bell Ltd
Glazed ceramic tiles, paving & flags
69.75
71.45
2%
8.80
7.97
-9%
154
Piramal Glass Ltd
Glass containers
125.18
136.31
9%
22.41
22.70
1%
558
Somany Ceramics Ltd
Ceramic tiles
123.79
144.26
17%
37.27
40.26
8%
295
Vesuvius India Ltd
Other refractories
146.03
180.41
24%
2.12
2.92
38%
IRON & STEEL 686
Adhunik Industries Ltd
Bars & rods
350.93
308.22
-12%
1.63
1.41
-13%
639
Avon Ispat & Power Ltd
Hot rolled coils, strips, sheets
557.98
624.74
12%
7.39
6.50
-12%
423
Beekay Steel Inds Ltd
Bars & rods
198.18
291.64
47%
4.69
7.54
61%
624
Bhuwalka Steel Inds Ltd
Flat products
341.00
415.34
22%
3.97
4.42
11%
397
Dankuni Steels Ltd
Pig iron
513.40
511.16
0%
8.69
11.43
32%
198
Facor Alloys Ltd
Other ferro alloys
131.54
201.84
53%
2.84
2.93
3%
170
Ferro Alloys Corpn Ltd
Ferro alloys
80.52
106.00
32%
2.57
3.00
17%
369
I S M T Ltd
Alloy steel
651.21
933.80
43%
109.95
136.02
24%
13
Indian Metals & Ferro Alloys Ltd
Charge chrome
256.79
418.79
63%
10.25
18.85
84%
668
Jindal (India) Ltd
Clad, plated or coated flat rolled products
922.60
1,107.89
20%
34.10
27.52
-19%
386
Jindal Stainless Ltd
Flat products
3,742.35
4,738.57
27%
294.00
305.72
4%
698
Kanishk Steel Inds Ltd
Bars & rods
400.93
371.55
-7%
3.78
2.06
-46%
442
Kirloskar Ferrous Inds Ltd
Pig iron
581.96
867.54
49%
77.32
86.33
12%
620
Lloyds Metals & Energy Ltd
Sponge iron
241.66
378.54
57%
6.68
7.79
17%
126
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
0.37
0.47
27%
1.65
1.58
1.17
0.94
-20%
0.51
1.98
3.67
85%
17.47
21.29
71.28
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
-4%
9.75
14.72
51%
0.41
0.19
-54%
0.40
-22%
18.38
10.15
-45%
0.05
0.05
0%
1.17
1.91
63%
16.20
33.00
104%
0.15
0.33
120%
22%
7.11
10.36
46%
255.97
339.36
33%
71.98
141.17
96%
84.60
19%
1.71
3.40
99%
19.83
24.32
23%
52.96
71.80
36%
80.15
127.72
59%
11.54
14.68
27%
70.71
79.75
13%
49.95
58.57
17%
57.42
38.39
-33%
11.20
33.79
202%
22.67
17.10
-25%
30.65
28.58
-7%
52.39
69.40
32%
23.49
39.39
68%
43.18
45.74
6%
22.41
23.21
4%
166.87
199.05
19%
8.97
11.53
29%
78.05
109.56
40%
51.70
76.98
49%
376.31
457.44
22%
14.28
19.34
35%
82.48
97.36
18%
93.09
129.49
39%
106.07
94.01
-11%
6.44
6.92
7%
59.86
73.98
24%
35.83
50.06
40%
41.60
50.68
22%
4.64
4.64
0%
35.98
38.38
7%
21.52
30.94
44%
43.93
49.49
13%
2.58
2.69
4%
27.20
31.23
15%
19.83
23.12
17%
108.69
121.60
12%
5.23
4.99
-5%
66.96
78.35
17%
29.44
35.92
22%
63.11
86.83
38%
5.32
3.75
-30%
40.57
51.37
27%
28.72
42.96
50%
8.03
12.40
54%
6.54
8.36
28%
18.70
23.27
24%
23.35
35.11
50%
6.09
7.82
28%
0.10
0.10
0%
1.21
1.22
1%
21.95
17.62
-20%
37.40
42.83
15%
5.50
6.94
26%
15.97
16.31
2%
55.22
78.10
41%
34.26
46.01
34%
1.16
1.55
34%
3.72
4.76
28%
17.93
20.50
14%
21.45
26.27
22%
0.94
0.81
-14%
4.96
5.92
19%
31.79
47.14
48%
4.38
4.81
10%
0.45
0.47
4%
0.34
0.56
65%
5.62
14.44
157%
59.51
78.42
32%
8.62
10.55
22%
18.94
19.33
2%
0.12
0.16
33%
74.03
101.83
38%
12.51
16.27
30%
27.52
33.66
22%
0.32
0.46
44%
214.71
280.98
31%
7.47
9.37
25%
76.72
88.13
15%
88.92
132.63
49%
0.06
0.07
17%
33.08
21.88
-34%
57.89
84.14
45%
24.21
28.52
18%
40.94
47.62
16%
2.65
3.20
21%
6.03
8.12
35%
58.73
79.37
35%
503.73
560.23
11%
18.12
21.85
21%
117.55
147.24
25%
378.78
518.55
37%
16.16
16.39
1%
2.14
1.64
-23%
1.00
1.14
14%
23.11
31.19
35%
44.56
56.15
26%
6.91
9.24
34%
31.09
31.43
1%
69.80
115.63
66%
9.62
11.10
15%
1.28
0.83
-35%
6.52
9.02
38%
24.21
38.40
59%
www.industry20.com
Y-O-Y Change
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
127
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
COMPANY
INDUSTRIAL ACTIVITY
Manufacturing expenses
I 2 Rank
2.0 Top
249
M S P Steel & Power Ltd
Long products
253.55
345.68
36%
18.58
25.04
35%
404
Mishra Dhatu Nigam Ltd
Ferro alloys
145.73
209.79
44%
11.07
14.50
31%
646
Modern Steels Ltd
Bars & rods
196.90
241.59
23%
42.63
58.31
37%
236
Monnet Ispat & Energy Ltd
Sponge iron
740.91
925.60
25%
39.56
30.97
-22%
521
National Steel & Agro Inds Ltd
Clad, plated or coated flat rolled products
1,177.01
1,296.18
10%
6.64
7.01
6%
677
Panchmahal Steel Ltd
Flat products
219.75
314.26
43%
20.82
22.91
10%
221
Pennar Industries Ltd
Cold rolled coils, strips, sheets
603.54
820.57
36%
28.37
45.09
59%
298
Prakash Industries Ltd
Finished Steel (Non-Alloy Steel)
930.27
1,043.10
12%
35.17
34.24
-3%
437
Prakash Steelage Ltd
Stainless steel flat rolled products
159.05
207.07
30%
8.57
10.61
24%
322
Ramkrishna Forgings Ltd
Automobile ancillaries
179.66
260.59
45%
13.88
20.17
45%
401
Rashtriya Ispat Nigam Ltd
Finished Steel (Non-Alloy Steel)
5,837.26
7,522.78
29%
466.48
471.22
1%
534
Rathi Steel & Power Ltd
Bars & rods
647.40
650.53
0%
40.38
38.95
-4%
708
Real Strips Ltd
Stainless steel flat rolled products
200.15
248.84
24%
5.89
5.94
1%
303
Rohit Ferro-Tech Ltd
Ferro chromium
411.09
692.27
68%
16.32
21.36
31%
509
Ruchi Strips & Alloys Ltd
Cold rolled coils, strips, sheets
409.88
440.08
7%
5.10
6.43
26%
455
Sarda Energy & Minerals Ltd
Ferro alloys
407.31
655.81
61%
11.51
45.37
294%
90
Sathavahana Ispat Ltd
Pig iron
262.38
548.22
109%
4.59
3.91
-15%
744
Shyam Ferro Alloys Ltd
Ferro alloys
380.58
390.69
3%
82.44
65.06
-21%
244
Steel Authority Of India Ltd
Finished Steel (Non-Alloy Steel)
16,988.14
20,993.25
24%
1,932.86
2,160.09
12%
635
Sujana Metal Products Ltd
Flat products
686.94
686.94
0%
25.49
25.49
0%
463
Uttam Galva Steels Ltd
Flat products
3,227.86
3,149.23
-2%
37.54
41.60
11%
560
Vardhman Industries Ltd
Cold rolled coils, strips, sheets
241.61
281.46
16%
2.20
1.62
-26%
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
MACHINERY EQUIPMENT 487
Alfa Laval (India) Ltd
Machinery used in food & beverage industries
484.42
450.27
-7%
9.06
9.68
7%
26
Atlas Copco (India) Ltd
Non-electrical machinery
542.65
674.79
24%
5.90
6.03
2%
570
Audco India Ltd
Industrial valves
235.69
338.52
44%
8.96
11.84
32%
633
Bosch Rexroth (India) Ltd
General purpose machinery
114.07
167.56
47%
10.89
13.21
21%
309
Cmi F P E Ltd
Metal rolling machines
252.46
258.14
2%
4.05
4.65
15%
227
Elecon Engineering Co Ltd
Non-electrical machinery
592.25
702.03
19%
13.65
17.89
31%
127
Elgi Equipments Ltd
Compressors
357.23
470.93
32%
7.58
12.45
64%
51
F A G Bearings India Ltd
Ball or roller bearings
236.60
360.93
53%
23.94
28.37
19%
317
G E I Industrial Systems Ltd
Heat exchangers
156.33
263.86
69%
4.09
7.06
73%
128
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
14.21
19.14
35%
0.97
24.42
31.42
29%
41.81
49.97
97.33
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
3.07
216%
11.39
14.60
28%
26.55
43.08
62%
7.52
8.20
9%
74.69
82.53
10%
7.88
10.10
28%
20%
2.73
3.50
28%
10.82
12.26
13%
25.02
36.58
46%
81.20
-17%
18.73
17.54
-6%
67.76
73.08
8%
86.22
125.85
46%
37.15
38.20
3%
1.94
1.53
-21%
20.37
26.61
31%
71.61
96.46
35%
36.04
41.55
15%
1.22
1.89
55%
14.91
16.41
10%
21.42
26.97
26%
7.00
8.96
28%
2.36
3.15
33%
25.03
34.34
37%
89.98
143.61
60%
66.93
63.66
-5%
50.59
42.64
-16%
64.57
73.49
14%
125.50
159.45
27%
2.22
2.37
7%
1.16
1.54
33%
5.12
6.95
36%
17.72
25.43
44%
26.65
35.54
33%
1.47
2.69
83%
15.18
20.27
34%
22.24
35.91
61%
440.51
450.35
2%
142.85
145.70
2%
1,145.93
1,087.02
-5%
855.23
1,107.07
29%
23.36
24.18
4%
2.05
2.07
1%
7.95
9.57
20%
23.32
21.08
-10%
12.61
13.30
5%
0.42
0.57
36%
3.45
3.91
13%
19.10
29.53
55%
168.08
278.84
66%
0.73
1.43
96%
7.50
12.42
66%
22.26
39.17
76%
10.41
12.33
18%
0.64
1.04
63%
7.59
9.09
20%
27.07
36.51
35%
4.44
10.29
132%
3.75
7.27
94%
21.20
32.19
52%
33.93
82.10
142%
4.35
8.40
93%
8.08
7.88
-2%
9.58
13.10
37%
24.25
34.88
44%
98.98
93.98
-5%
10.42
13.96
34%
9.31
10.36
11%
0.29
0.22
-24%
1,932.86
2,160.09
8%
2,924.96
3,110.48
6%
4,315.91
4,827.23
12%
3,497.12
4,668.89
34%
58.29
58.29
0%
3.67
3.67
0%
28.53
28.53
0%
107.40
107.40
0%
156.72
152.17
-3%
13.43
21.78
62%
53.08
59.58
12%
178.21
289.03
62%
10.54
10.21
-3%
0.88
0.64
-27%
4.24
5.59
32%
0.61
2.67
338%
4.79
5.23
9%
7.29
13.37
83%
49.42
60.80
23%
28.71
38.30
33%
4.59
5.50
20%
4.79
6.58
37%
88.25
111.93
27%
50.81
80.05
58%
4.40
5.52
25%
10.89
8.87
-19%
44.53
45.78
3%
20.02
22.56
13%
2.25
2.71
20%
2.46
3.95
61%
29.56
40.10
36%
13.40
21.13
58%
1.30
1.27
-2%
1.65
1.70
3%
24.38
32.58
34%
16.97
21.00
24%
7.82
6.08
-22%
9.88
10.88
10%
40.62
51.46
27%
86.04
115.37
34%
4.75
6.75
42%
9.54
12.50
31%
41.85
54.17
29%
35.45
56.40
59%
25.21
18.77
-26%
2.30
3.80
65%
57.20
72.25
26%
47.54
78.06
64%
1.26
1.43
13%
0.53
0.52
-2%
13.60
16.60
22%
20.27
40.01
97%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
129
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
318
Greaves Cotton Ltd
Diesel engines
896.11
825.45
-8%
8.63
8.33
-3%
255
Harsha Engineers Ltd
Bearing parts
86.90
170.46
96%
9.70
13.47
39%
334
Heavy Engineering Corpn Ltd
Metallurgical machinery
212.30
355.20
67%
98.50
214.97
118%
543
Ion Exchange (India) Ltd
Water treatment plants
337.29
385.82
14%
0.31
0.26
-16%
602
K S B Pumps Ltd
Pumps
256.37
352.84
38%
13.42
17.96
34%
77
Kennametal India Ltd
Machine tools
91.65
133.84
46%
9.60
12.45
30%
694
Kirloskar Brothers Ltd
Pumps
975.16
857.18
-12%
36.30
47.16
30%
320
Kirloskar Oil Engines Ltd
Diesel engines
1,282.76
1,440.40
12%
81.27
102.74
26%
596
Kirloskar Pneumatic Co Ltd
Compressors
248.67
288.84
16%
7.87
10.29
31%
73
Lakshmi Machine Works Ltd
Textile spinning machines
770.14
1,292.76
68%
56.19
106.03
89%
169
Lohia Starlinger Ltd
Weaving machines
234.57
353.78
51%
9.05
11.71
29%
349
Manugraph India Ltd
Printing machinery
80.19
208.56
160%
2.25
4.06
80%
364
Mcnally Bharat Engg Co Ltd
Material handling equipment
899.25
919.08
2%
0.11
0.01
-91%
120
N R B Bearings Ltd
Ball or roller bearings
147.44
205.87
40%
35.73
44.29
24%
48
National Engineering Inds Ltd
Ball or roller bearings
367.96
506.00
38%
47.25
57.53
22%
159
Otis Elevator Co (India) Ltd
Lifts & elevators
306.92
403.11
31%
4.43
4.46
1%
654
Praj Industries Ltd
Brewery machinery
343.37
327.34
-5%
5.79
6.45
11%
471
Premium Transmission Ltd
Gears
175.06
154.58
-12%
12.83
10.05
-22%
37
S K F India Ltd
Ball or roller bearings
480.17
618.72
29%
51.63
71.98
39%
407
Swaraj Engines Ltd
Diesel engines
212.91
278.01
31%
4.50
4.76
6%
246
Tata Cummins Ltd
Internal combustion engines
1,348.63
1,965.69
46%
43.66
65.02
49%
58
Thermax Ltd
Non-electrical machinery
2,018.11
3,434.49
70%
16.86
18.45
9%
163
Timken India Ltd
Ball or roller bearings
157.90
263.43
67%
19.27
26.18
36%
641
Walchandnagar Industries Ltd
Industrial machinery
414.79
614.68
48%
18.47
23.71
28%
METAL PRODUCTS 282
A I A Engineering Ltd
Castings
317.68
440.82
39%
99.57
125.52
26%
337
A P L Apollo Tubes Ltd
Tubes & pipes
331.87
510.26
54%
3.88
3.41
-12%
480
Adhunik Metaliks Ltd
Iron & steel
708.28
967.02
37%
115.91
131.01
13%
43
Ahmednagar Forgings Ltd
Forgings
409.98
592.10
44%
11.74
13.27
13%
589
Ankit Metal & Power Ltd
Iron & steel
401.08
410.26
2%
8.82
11.12
26%
676
Bhawani Industries Ltd
Iron & steel
252.17
330.60
31%
13.59
9.20
-32%
45
Bhilai Engineering Corpn Ltd
Iron & steel
274.22
432.02
58%
2.32
2.75
19%
130
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
12.12
11.31
-7%
7.52
5.07
7.72
52%
25.58
27.99
5.68
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
6.62
-12%
94.97
76.73
-19%
113.88
118.27
4%
1.12
1.84
64%
14.63
21.29
46%
9.71
18.53
91%
9%
4.60
4.73
3%
129.87
138.51
7%
33.22
42.97
29%
6.45
14%
2.93
3.04
4%
41.21
48.51
18%
16.49
27.42
66%
9.03
11.41
26%
9.53
9.28
-3%
73.18
85.08
16%
28.63
38.67
35%
8.90
10.94
23%
8.82
6.44
-27%
60.41
72.90
21%
30.45
37.36
23%
11.86
15.24
28%
16.41
10.03
-39%
92.19
131.19
42%
40.75
53.29
31%
22.78
25.71
13%
26.55
39.38
48%
119.20
159.56
34%
128.14
174.21
36%
4.85
5.60
15%
5.81
9.45
63%
48.96
55.86
14%
24.02
37.81
57%
35.16
49.60
41%
34.26
51.37
50%
103.54
155.90
51%
93.55
155.65
66%
6.88
9.01
31%
3.10
3.99
29%
33.42
36.51
9%
20.29
29.36
45%
0.89
2.01
126%
0.93
1.99
114%
30.67
43.04
40%
11.73
21.43
83%
5.21
8.93
71%
2.99
5.45
82%
66.05
108.48
64%
10.51
3.08
-71%
15.03
17.99
20%
2.87
5.06
76%
53.08
65.71
24%
26.74
44.19
65%
26.77
31.93
19%
6.07
5.01
-17%
75.40
83.39
11%
97.03
149.03
54%
2.34
2.92
25%
12.47
12.81
3%
105.35
128.76
22%
66.36
90.30
36%
3.42
3.31
-3%
2.97
4.39
48%
58.45
68.31
17%
17.27
23.93
39%
5.57
4.41
-21%
5.56
4.00
-28%
32.23
23.48
-27%
27.93
27.42
-2%
27.56
34.73
26%
21.14
30.64
45%
115.01
127.53
11%
100.76
139.13
38%
2.34
2.50
7%
1.93
2.01
4%
13.13
15.47
18%
24.01
37.45
56%
12.74
13.96
10%
6.00
8.86
48%
42.81
65.52
53%
158.11
259.04
64%
18.51
22.71
23%
20.59
23.98
16%
274.07
344.88
26%
86.48
150.37
74%
6.23
7.72
24%
2.87
6.83
138%
30.64
42.54
39%
21.71
42.79
97%
8.16
9.68
19%
2.97
3.54
19%
60.97
77.44
27%
20.61
18.72
-9%
69.79
84.58
21%
3.45
4.54
32%
27.49
33.29
21%
27.92
39.32
41%
7.13
8.73
22%
0.12
0.27
125%
3.19
6.16
93%
29.83
55.90
87%
65.40
102.38
57%
19.18
34.86
82%
41.09
56.32
37%
100.95
130.61
29%
28.67
36.87
29%
2.51
3.26
30%
40.99
51.11
25%
0.50
0.25
-50%
24.11
28.95
20%
0.56
0.57
2%
3.49
4.86
39%
59.26
71.26
20%
37.09
44.18
19%
2.72
2.13
-22%
5.29
7.31
38%
27.53
37.31
36%
8.44
9.50
13%
6.17
10.87
76%
26.02
44.14
70%
0.64
0.59
-8%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
131
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
COMPANY
INDUSTRIAL ACTIVITY
Manufacturing expenses
I 2 Rank
2.0 Top
300
Corporate Ispat Alloys Ltd
Iron & steel
103.51
223.95
116%
11.16
11.61
4%
627
Electrotherm (India) Ltd
Iron & steel
1,395.81
2,049.82
47%
91.83
100.84
10%
470
Gillette India Ltd
Razors & razor blades
223.31
275.66
23%
6.41
7.76
21%
190
Godawari Power & Ispat Ltd
Iron & steel
589.26
609.79
3%
22.23
49.42
122%
665
Good Luck Steel Tubes Ltd
Iron & steel
385.43
461.66
20%
16.63
20.02
20%
713
Hindustan Tin Works Ltd
Tin container
231.60
222.05
-4%
2.11
2.60
23%
584
Icomm Tele Ltd
Other articles of iron & steel
575.46
575.46
0%
5.66
5.66
0%
216
Jai Balaji Inds Ltd
Iron & steel
1,395.97
1,493.02
7%
125.44
135.17
8%
201
Jayaswal Neco Inds Ltd
Iron & steel
1,199.73
1,427.24
19%
122.38
161.97
32%
381
Jindal Saw Ltd
Tubes & pipes
4,251.77
2,617.54
-38%
160.38
149.88
-7%
243
Jyoti Structures Ltd
Transmission towers & structurals
1,304.25
1,478.44
13%
10.44
16.22
55%
460
K E C International Ltd
Transmission towers & structurals
1,998.29
2,195.52
10%
28.10
32.54
16%
215
Kalpataru Power Transmission Ltd
Transmission towers & structurals
1,312.17
1,436.40
9%
10.28
10.38
1%
195
L G Balakrishnan & Bros Ltd
Chains & anchors of iron & steel
216.19
319.13
48%
29.58
47.98
62%
631
Lakshmi Precision Screws Ltd
Screws, bolts, nuts, rivets, washers, etc.
94.92
147.29
55%
10.53
7.22
-31%
606
Mahamaya Steel Inds Ltd
Structures
277.00
441.17
59%
23.42
32.21
38%
76
Maharashtra Seamless Ltd
Seamless tubes & pipes
1,004.29
1,157.69
15%
54.27
54.90
1%
262
Man Industries (India) Ltd
Tubes & pipes
1,108.14
1,223.94
10%
4.26
11.53
171%
27
Nelcast Ltd
Cast iron castings
197.73
281.85
43%
45.68
17.86
-61%
729
Nezone Tubes Ltd
Tubes & pipes
221.45
253.54
14%
2.40
3.41
42%
622
P S L Ltd
Tubes & pipes
2,107.90
2,410.29
14%
42.06
46.62
11%
414
Ratnamani Metals & Tubes Ltd
Tubes & pipes
597.66
582.74
-2%
31.32
24.64
-21%
594
Skipper Ltd
Welded steel tubular poles
351.46
447.21
27%
3.41
6.05
77%
245
Surya Roshni Ltd
Tubes & pipes
1,322.37
1,589.28
20%
16.26
17.64
8%
75
T T K Prestige Ltd
Non-electric cooking appliances
125.97
187.43
49%
1.39
1.91
37%
132
Tube Investments Of India Ltd
Iron & steel
1,630.64
2,067.99
27%
145.35
188.22
29%
304
Usha Martin Ltd
Wires & ropes of iron & steel
1,051.20
1,394.92
33%
147.30
193.38
31%
478
Vikash Metal & Power Ltd
Iron & steel
194.67
302.48
55%
4.22
5.76
36%
395
Welspun Corp Ltd
Tubes & pipes
4,165.60
4,090.75
-2%
157.85
144.87
-8%
10
Welspun Steel Ltd
Iron & steel
270.90
466.75
72%
7.22
14.24
97%
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
NON- FERROUS METALS 548
Associated Pigments Ltd
Lead containing antimony
232.70
340.54
46%
6.09
8.61
41%
328
Bharat Aluminium Co Ltd
Aluminium unalloyed ingots
962.25
970.78
1%
109.93
110.48
1%
132
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
48.01
39.13
-18%
7.11
111.02
128.03
15%
7.17
6.08
10.61
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
7.01
-1%
12.52
21.91
75%
11.30
20.92
85%
4.71
3.83
-19%
49.92
62.21
25%
14.06
132.08
839%
-15%
3.10
3.06
-1%
40.94
50.96
24%
19.38
26.76
38%
55.36
422%
6.44
12.96
101%
15.87
27.06
71%
61.21
102.10
67%
10.76
14.07
31%
1.71
1.73
1%
13.62
17.58
29%
37.13
50.39
36%
2.76
4.09
48%
0.48
0.49
2%
11.13
13.31
20%
11.04
17.58
59%
1.22
1.22
0%
7.28
7.28
0%
42.01
42.01
0%
40.34
40.34
0%
144.88
114.24
-21%
15.44
14.48
-6%
40.30
52.48
30%
129.11
159.92
24%
61.32
77.68
27%
47.10
57.28
22%
66.98
83.80
25%
150.09
219.89
47%
182.70
165.96
-9%
33.85
27.53
-19%
192.40
188.69
-2%
202.69
162.40
-20%
13.58
16.81
24%
6.74
8.22
22%
54.23
66.03
22%
67.49
102.14
51%
30.60
43.38
42%
11.92
14.51
22%
159.77
190.19
19%
101.33
143.89
42%
21.04
31.42
49%
3.76
3.47
-8%
150.95
188.10
25%
109.71
123.52
13%
16.30
24.71
52%
11.67
14.80
27%
44.65
60.36
35%
39.07
59.12
51%
12.37
16.89
37%
2.52
2.60
3%
37.38
44.66
19%
18.89
26.87
42%
51.39
59.29
15%
0.12
0.22
83%
7.74
9.34
21%
39.96
67.94
70%
110.66
144.06
30%
4.05
5.49
36%
26.01
28.96
11%
99.43
131.26
32%
13.59
25.93
91%
1.23
1.74
41%
37.80
43.44
15%
31.73
12.72
-60%
39.37
58.09
48%
4.70
8.08
72%
15.67
21.32
36%
27.08
49.38
82%
2.85
3.43
20%
0.19
0.20
5%
3.03
3.35
11%
28.90
38.13
32%
0.58
0.85
47%
5.97
6.38
7%
51.46
66.68
30%
168.37
200.58
19%
17.64
20.94
19%
6.64
5.13
-23%
44.91
46.04
3%
51.71
64.11
24%
5.26
15.82
201%
1.27
0.65
-49%
6.69
11.23
68%
34.64
56.97
64%
38.05
43.12
13%
2.56
2.68
5%
82.46
108.20
31%
106.92
150.89
41%
4.91
6.32
29%
3.26
3.53
8%
36.35
49.33
36%
10.24
12.62
23%
30.61
35.54
16%
35.86
44.14
23%
158.39
214.25
35%
114.84
170.65
49%
207.32
324.26
56%
48.92
73.46
50%
87.94
112.67
28%
117.03
224.77
92%
21.08
8.88
-58%
1.07
0.53
-50%
1.40
1.56
11%
15.50
33.63
117%
62.10
35.37
-43%
22.67
26.76
18%
130.07
173.12
33%
309.57
273.85
-12%
5.24
15.35
193%
0.42
1.53
264%
6.13
11.94
95%
22.20
47.69
115%
5.50
7.94
44%
1.26
1.71
36%
1.85
3.02
63%
29.45
47.78
62%
850.27
851.98
0%
118.54
119.83
1%
227.37
309.15
36%
225.66
313.76
39%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
133
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
579
Chloride Metals Ltd
Lead
211.58
330.92
56%
0.28
0.32
14%
28
Hindustan Zinc Ltd
Zinc
640.76
1,193.62
86%
587.61
882.91
50%
539
Manaksia Ltd
Aluminium plates, sheets & strips
602.88
729.99
21%
6.92
11.01
59%
18
National Aluminium Co Ltd
Aluminium, unwrought
911.22
865.77
-5%
92.52
105.22
14%
483
Neosym Industry Ltd
Non-ferrous metals
303.57
400.81
32%
33.37
44.74
34%
556
Nile Ltd
Other fabricated metal products
125.56
250.37
99%
6.66
14.70
121%
39
Sterlite Industries (India) Ltd
Copper
12,346.63
14,081.04
14%
91.51
121.54
33%
714
Tinplate Co Of India Ltd
Tin plates, sheets & strips
218.00
288.91
33%
45.53
51.36
13%
498
Transpek-Silox Industry Ltd
Zinc products
193.55
256.97
33%
19.59
23.06
18%
NON- METALLIC MINERAL PRODUCTS 61
Carborundum Universal Ltd
Abrasive powder or grain on a base
342.07
437.18
28%
27.93
37.28
33%
510
Everest Industries Ltd
Asbestos-cement products
384.99
418.61
9%
22.39
24.20
8%
410
Grindwell Norton Ltd
Abrasive powder or grain on a base
266.72
322.39
21%
16.38
19.89
21%
648
Indian Hume Pipe Co Ltd
Products of cement, concrete, etc.
146.37
122.41
-16%
8.05
8.48
5%
573
Prism Cement Ltd
Cement, asbestos, abrasives, etc.
688.60
892.99
30%
87.47
79.74
-9%
522
Ramco Industries Ltd
Asbestos-cement products
302.82
312.81
3%
11.19
10.36
-7%
737
Sahyadri Industries Ltd
Corrugated asbestos sheets
146.23
147.72
1%
3.52
3.27
-7%
617
Visaka Industries Ltd
Asbestos-cement products
358.98
391.65
9%
23.20
21.01
-9%
PHARMACEUTICALS 156
Aanjaneya Lifecare Ltd
Drug formulations
130.46
247.91
90%
0.18
0.24
33%
693
Aarti Drugs Ltd
Drugs, medicines & allied products
230.89
271.73
18%
3.02
3.60
19%
491
Abbott India Ltd
Drug formulations
33.96
29.21
-14%
1.81
1.72
-5%
254
Ajanta Pharma Ltd
Drug formulations
90.71
116.69
29%
2.08
2.73
31%
485
Arvind Remedies Ltd
Drug formulations
242.24
294.29
21%
0.12
0.15
25%
324
Astrazeneca Pharma India Ltd
Drug formulations
34.75
58.66
69%
2.19
2.88
32%
660
Astrix Laboratories Ltd
Pharmaceutical products
347.78
296.63
-15%
4.10
5.66
38%
66
Aurobindo Pharma Ltd
Drugs, medicines & allied products
1,850.35
2,279.29
23%
87.56
123.15
41%
84
Cadila Healthcare Ltd
Drug formulations
513.20
558.80
9%
27.50
29.80
8%
241
Cipla Ltd
Drugs, medicines & allied products
1,681.71
2,414.77
44%
50.47
99.73
98%
533
Claris Lifesciences Ltd
Drug formulations
89.61
146.39
63%
7.98
4.31
-46%
615
Dishman Pharmaceuticals & Chemicals Ltd
Drug formulations
123.62
154.50
25%
0.82
0.27
-67%
89
Divi'S Laboratories Ltd
Drugs, medicines & allied products
411.22
508.57
24%
14.85
21.90
47%
134
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
6.25
9.78
56%
1.49
1.80
723.86
1,022.60
41%
366.43
29.94
38.17
27%
1,465.90
1,633.99
35.91
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
21%
1.29
1.46
13%
31.03
60.16
94%
457.90
25%
445.22
466.67
5%
419.71
586.37
40%
9.10
8.99
-1%
20.50
25.14
23%
50.43
51.96
3%
11%
298.01
416.26
40%
702.82
782.86
11%
397.65
578.56
45%
43.10
20%
2.54
3.27
29%
32.82
41.02
25%
34.56
54.85
59%
5.69
10.36
82%
1.56
1.64
5%
5.73
7.41
29%
9.18
23.46
156%
351.12
370.14
5%
68.67
86.49
26%
65.27
77.50
19%
563.62
964.06
71%
56.07
64.60
15%
24.81
26.37
6%
61.47
65.42
6%
11.75
18.99
62%
26.50
30.62
16%
2.27
2.00
-12%
24.10
22.09
-8%
19.14
27.32
43%
65.82
85.70
30%
18.97
24.17
27%
69.29
80.66
16%
50.58
71.06
40%
23.49
28.36
21%
11.11
10.88
-2%
59.54
65.07
9%
30.61
42.16
38%
47.72
56.69
19%
5.21
8.53
64%
82.45
76.31
-7%
46.30
60.18
30%
3.29
3.70
12%
3.60
3.02
-16%
32.42
35.90
11%
35.82
42.99
20%
308.54
428.20
39%
37.69
43.10
14%
121.72
157.70
30%
182.19
214.95
18%
33.99
39.57
16%
13.74
16.48
20%
27.81
33.19
19%
44.20
56.35
27%
11.32
10.38
-8%
5.32
7.08
33%
13.78
13.26
-4%
21.32
29.24
37%
29.55
33.69
14%
8.72
6.14
-30%
26.49
30.48
15%
42.78
52.91
24%
1.61
2.25
40%
0.23
0.83
261%
2.24
4.46
99%
0.30
0.48
60%
24.26
28.65
18%
1.02
0.85
-17%
14.72
16.56
13%
25.53
26.59
4%
5.10
6.97
37%
5.03
6.94
38%
58.85
105.39
79%
42.49
57.97
36%
4.60
5.33
16%
3.27
1.43
-56%
43.59
58.00
33%
3.16
4.99
58%
0.46
0.57
24%
0.26
0.44
69%
6.96
7.40
6%
11.66
14.46
24%
1.96
3.31
69%
2.50
3.68
47%
72.29
136.45
89%
8.21
13.52
65%
6.74
8.46
26%
2.67
4.04
51%
10.63
10.82
2%
17.85
11.79
-34%
134.35
183.35
36%
38.09
67.03
76%
223.31
288.69
29%
73.45
106.33
45%
57.90
71.90
24%
25.40
32.00
26%
301.50
409.30
36%
22.80
35.30
55%
92.15
164.42
78%
71.19
127.64
79%
285.61
421.40
48%
56.90
57.06
0%
23.90
38.54
61%
3.06
4.32
41%
36.67
44.27
21%
3.92
4.54
16%
18.22
22.06
21%
6.21
8.54
38%
32.59
40.50
24%
5.04
8.50
69%
45.13
62.65
39%
15.50
21.14
36%
89.45
108.07
21%
7.34
15.70
114%
www.industry20.com
Y-O-Y Change
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
135
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
101
Dr Reddy'S Laboratories Ltd
Drug formulations
1,546.10
1,750.60
13%
253.40
83.40
-67%
250
Elder Pharmaceuticals Ltd
Drug formulations
77.42
96.53
25%
1.57
1.77
13%
394
F D C Ltd
Drug formulations
142.64
160.38
12%
2.62
3.48
33%
652
Fresenius Kabi Oncology Ltd
Drug formulations
139.92
127.37
-9%
10.57
13.00
23%
80
Glaxosmithkline Pharmaceuticals Ltd
Drug formulations
299.21
308.51
3%
4.02
3.46
-14%
46
Glenmark Pharmaceuticals Ltd
Drug formulations
204.51
243.94
19%
4.23
5.95
41%
678
Granules India Ltd
Paracetamol
238.80
255.39
7%
1.69
2.69
59%
331
Indoco Remedies Ltd
Drug formulations
106.77
190.36
78%
1.64
1.88
15%
126
Ind-Swift Laboratories Ltd
Roxithromycin
339.03
871.20
157%
2.21
3.79
71%
94
Ipca Laboratories Ltd
Drug formulations
506.04
621.52
23%
10.68
13.28
24%
217
J B Chemicals & Pharmaceuticals Ltd
Drugs, medicines & allied products
161.73
211.03
30%
2.37
3.19
35%
25
Lupin Ltd
Drug formulations
1,059.30
1,381.41
30%
105.98
154.57
46%
3
Matrix Laboratories Ltd
Drugs, medicines & allied products
1,110.54
1,581.99
42%
52.94
79.89
51%
347
Merck Ltd
Drug formulations
107.81
95.95
-11%
3.51
2.77
-21%
461
Natco Pharma Ltd
Drug formulations
80.37
93.78
17%
6.75
6.62
-2%
177
Nectar Lifesciences Ltd
Drugs, medicines & allied products
513.85
802.43
56%
6.05
9.04
49%
38
Panacea Biotec Ltd
Vaccines
508.01
452.89
-11%
6.52
7.13
9%
219
Parabolic Drugs Ltd
Penicillin
422.90
544.78
29%
0.78
0.73
-6%
213
Paras Pharmaceuticals Ltd
Drug formulations
37.07
47.25
27%
0.91
1.04
14%
748
Parenteral Drugs (India) Ltd
Drugs, medicines & allied products
152.65
185.88
22%
0.54
0.83
54%
24
Pfizer Ltd
Drug formulations
146.25
197.15
35%
1.83
2.35
28%
16
Ranbaxy Laboratories Ltd
Drugs, medicines & allied products
1,472.05
1,461.01
-1%
102.73
93.90
-9%
342
Strides Arcolab Ltd
Drug formulations
363.56
229.46
-37%
11.56
5.99
-48%
33
Sun Pharmaceutical Inds Ltd
Drug formulations
677.49
689.48
2%
32.26
33.91
5%
205
Surya Pharmaceutical Ltd
Antibiotics
1,105.28
1,502.41
36%
2.47
4.06
64%
496
T T K Healthcare Ltd
Drug formulations
10.22
11.56
13%
0.09
0.13
44%
99
Torrent Pharmaceuticals Ltd
Drug formulations
364.97
517.38
42%
14.90
23.70
59%
224
Twilight Litaka Pharma Ltd
Drug formulations
339.07
451.16
33%
0.60
0.87
45%
482
Unichem Laboratories Ltd
Drug formulations
111.65
153.29
37%
3.77
6.12
62%
656
Unimark Remedies Ltd
Drug formulations
337.66
265.87
-21%
4.56
4.28
-6%
403
Venus Remedies Ltd
Drugs, medicines & allied products
145.27
156.11
7%
0.75
0.89
19%
20
Wyeth Ltd
Drug formulations
29.09
54.71
88%
0.09
0.36
300%
136
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
104.10
144.60
39%
143.10
160.40
12%
457.00
630.00
38%
82.90
111.10
34%
6.57
8.55
30%
4.54
4.72
4%
86.57
100.87
17%
10.26
16.28
59%
11.44
12.68
11%
9.13
9.32
2%
66.94
79.35
19%
11.82
12.47
5%
11.23
12.93
15%
4.83
5.95
23%
42.35
49.64
17%
12.23
14.11
15%
24.66
26.75
8%
14.71
16.45
12%
197.88
227.47
15%
48.64
50.02
3%
7.72
10.89
41%
8.53
9.96
17%
109.21
142.74
31%
47.23
56.09
19%
11.00
12.51
14%
5.83
6.18
6%
23.06
28.40
23%
8.19
7.75
-5%
13.95
17.29
24%
8.43
7.36
-13%
55.62
66.09
19%
0.66
6.03
814%
14.64
16.02
9%
1.82
3.00
65%
18.56
22.32
20%
9.97
10.42
5%
47.42
58.95
24%
26.54
33.76
27%
192.69
235.66
22%
58.76
66.92
14%
17.74
22.94
29%
6.17
8.64
40%
91.91
107.33
17%
8.72
10.19
17%
141.68
196.83
39%
51.78
65.91
27%
348.38
454.58
30%
40.64
48.30
19%
61.27
84.67
38%
28.08
36.08
28%
105.58
172.44
63%
14.63
26.27
80%
6.28
6.60
5%
5.09
4.07
-20%
51.13
61.41
20%
13.45
13.95
4%
14.80
21.19
43%
15.73
19.70
25%
36.98
44.47
20%
5.84
7.85
34%
28.57
33.38
17%
5.74
6.51
13%
30.12
33.95
13%
40.02
60.32
51%
13.16
19.04
45%
8.42
8.99
7%
95.11
124.47
31%
2.03
1.87
-8%
4.12
6.10
48%
3.28
3.21
-2%
14.08
17.27
23%
45.19
59.45
32%
2.04
2.42
19%
0.21
0.61
190%
25.14
28.31
13%
2.55
3.42
34%
9.42
11.20
19%
1.27
1.06
-17%
11.41
17.25
51%
1.26
2.30
83%
8.51
9.14
7%
1.50
1.88
25%
118.70
214.90
81%
74.77
49.31
-34%
136.80
164.24
20%
51.45
60.63
18%
695.67
713.20
3%
60.52
93.02
54%
16.50
8.80
-47%
11.65
5.15
-56%
63.17
72.78
15%
4.18
2.67
-36%
47.38
39.40
-17%
30.16
34.01
13%
159.83
187.49
17%
47.79
53.67
12%
15.47
24.81
60%
4.37
6.73
54%
27.04
37.61
39%
24.27
33.82
39%
2.02
2.66
32%
2.01
2.52
25%
27.91
33.35
19%
0.37
0.15
-59%
26.94
37.74
40%
7.54
8.63
14%
159.24
215.04
35%
7.91
7.17
-9%
2.25
2.70
20%
0.99
1.17
18%
15.95
17.22
8%
1.59
4.06
155%
15.63
21.83
40%
7.17
8.06
12%
74.09
87.65
18%
6.58
8.83
34%
24.72
22.92
-7%
3.16
3.03
-4%
36.68
37.71
3%
38.21
41.48
9%
1.64
2.28
39%
1.61
1.95
21%
15.56
18.20
17%
0.48
0.63
31%
4.44
8.45
90%
1.85
4.99
170%
32.44
48.04
48%
9.50
20.12
112%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
137
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
PLASTICS & POLYMERS 446
Astral Poly Technik Ltd
Tubes, pipes & hoses of polyethylene
216.19
293.51
36%
0.84
0.92
10%
252
Axiom Cordages Ltd
Plastic rope
286.56
420.50
47%
1.14
2.02
77%
183
Bhansali Engineering Polymers Ltd
Acrylonitrile butadiene styrene
257.74
355.83
38%
1.78
2.09
17%
293
Bilcare Ltd
Other plastic packaging goods
339.40
399.49
18%
1.91
2.04
7%
399
Cosmo Films Ltd
Biaxially oriented polypropylene (BOPP) film
505.23
655.13
30%
35.68
45.98
29%
359
Essel Propack Ltd
Plastic packaging goods
201.08
202.57
1%
14.64
13.91
-5%
19
Ester Industries Ltd
Polyester film
258.28
348.14
35%
7.46
8.02
8%
4
Garware Polyester Ltd
Polyester film
160.60
411.01
156%
12.04
43.33
260%
141
Jai Corp Ltd
Sacks & bags of polyethylene
285.37
327.72
15%
10.87
15.62
44%
145
Jain Irrigation Systems Ltd
Plastic products
1,397.01
2,194.53
57%
43.95
66.38
51%
1
Jindal Poly Films Ltd
Biaxially oriented polypropylene (BOPP) film
1,059.98
1,465.59
38%
13.34
28.84
116%
684
Kalpena Industries Ltd
Other articles of plastics
621.56
730.50
18%
2.09
3.78
81%
194
Kemrock Industries & Exports Ltd
Other articles of plastics
363.12
568.86
57%
21.69
19.09
-12%
657
Kisan Mouldings Ltd
Tubes, pipes & hoses of poly vinyl chloride
116.04
163.95
41%
4.95
6.54
32%
709
Merino Industries Ltd
Sheets, films, etc. of plastic, not reinforced
177.72
222.45
25%
6.85
8.17
19%
432
Nilkamal Ltd
Plastic injection moulding items
404.90
479.52
18%
13.07
14.44
10%
447
Paper Products Ltd
Flexible packaging materials
385.30
502.97
31%
4.88
5.74
18%
44
Polyplex Corporation Ltd
Polyester film
154.87
479.34
210%
6.65
11.63
75%
232
Responsive Industries Ltd
Floor coverings of plastics
428.18
574.64
34%
2.80
4.96
77%
182
Styrolution A B S (India) Ltd
Acrylonitrile butadiene styrene
352.27
527.12
50%
3.46
3.45
0%
189
Supreme Industries Ltd
Tubes, pipes & hoses & fittings of plastics
1,203.60
1,533.74
27%
20.07
23.34
16%
162
Time Technoplast Ltd
Reservoirs, tanks, etc.
447.29
545.50
22%
3.25
3.91
20%
5
Uflex Ltd
Flexible packaging materials
925.64
1,203.46
30%
19.69
26.01
32%
297
V I P Industries Ltd
Moulded luggage
139.17
158.78
14%
2.06
2.61
27%
415
Xpro India Ltd
Biaxially oriented polypropylene (BOPP) film
145.25
225.33
55%
5.09
8.53
68%
RUBBER PRODUCTS 540
Apollo Tyres Ltd
Tyres
3,103.30
4,149.00
34%
34.37
37.71
10%
271
Balkrishna Industries Ltd
Tyres
726.34
1,259.38
73%
54.26
62.35
15%
649
Ceat Ltd
Tyres
1,737.67
2,675.98
54%
20.20
26.28
30%
681
Falcon Tyres Ltd
Tyres
422.19
539.91
28%
1.86
2.34
26%
424
Fenner (India) Ltd
V belt
124.52
174.28
40%
13.69
19.12
40%
138
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11
6.99
9.99
3.10
2009-10
2010-11
43%
3.24
4.30
3.89
25%
0.65
13.56
17.14
26%
5.64
6.63
53.35
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
33%
8.44
10.02
19%
15.88
26.41
66%
0.54
-17%
0.95
1.16
22%
13.90
32.55
134%
0.65
0.84
29%
8.97
12.41
38%
26.76
46.29
73%
18%
2.34
2.49
6%
22.55
24.27
8%
0.38
0.54
42%
66.37
24%
6.75
8.50
26%
37.52
46.43
24%
35.96
47.26
31%
18.85
19.84
5%
2.88
3.08
7%
42.09
40.15
-5%
20.71
22.33
8%
24.68
36.02
46%
1.90
2.28
20%
19.36
28.27
46%
26.70
47.23
77%
31.75
65.78
107%
5.64
15.73
179%
19.72
44.73
127%
17.16
51.21
198%
26.84
30.30
13%
0.93
1.69
82%
29.14
39.06
34%
21.64
30.93
43%
78.01
88.02
13%
30.04
26.73
-11%
95.30
141.75
49%
75.57
103.51
37%
155.55
194.25
25%
3.51
15.79
350%
15.92
22.23
40%
112.76
211.42
87%
9.53
12.51
31%
1.81
2.46
36%
5.70
8.44
48%
47.32
60.85
29%
11.41
11.47
1%
4.28
3.98
-7%
31.66
35.83
13%
31.40
26.19
-17%
6.95
10.51
51%
1.37
1.61
18%
7.53
12.88
71%
23.21
37.70
62%
13.74
17.93
30%
4.96
5.25
6%
26.93
33.32
24%
17.38
25.91
49%
33.33
38.62
16%
8.75
9.35
7%
52.07
69.60
34%
135.19
176.55
31%
19.99
21.62
8%
11.50
10.57
-8%
45.93
53.11
16%
42.42
58.28
37%
23.40
80.27
243%
5.88
7.86
34%
16.12
43.62
171%
14.79
30.47
106%
14.78
18.82
27%
2.28
2.32
2%
5.69
7.74
36%
28.15
37.88
35%
27.90
28.96
4%
2.70
2.37
-12%
18.07
20.39
13%
46.07
74.12
61%
80.25
100.91
26%
16.93
20.27
20%
75.02
90.10
20%
166.15
234.74
41%
28.42
31.35
10%
3.28
3.85
17%
19.51
25.63
31%
48.29
69.70
44%
118.51
126.63
7%
27.49
35.60
30%
96.82
122.80
27%
133.74
209.66
57%
11.41
11.12
-3%
4.04
4.03
0%
59.89
68.04
14%
13.73
14.31
4%
13.41
19.45
45%
1.97
2.30
17%
13.72
17.99
31%
16.86
31.78
88%
163.47
179.02
10%
28.32
42.02
48%
251.70
265.54
5%
401.67
557.08
39%
53.96
75.91
41%
19.44
16.99
-13%
41.66
53.60
29%
12.00
19.24
60%
108.91
122.61
13%
23.22
30.41
31%
169.94
183.15
8%
186.50
295.94
59%
21.83
25.01
15%
6.24
6.26
0%
42.73
45.95
8%
59.15
74.52
26%
15.88
19.57
23%
3.34
4.79
43%
44.87
51.46
15%
26.44
38.30
45%
www.industry20.com
Y-O-Y Change
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr) Y-O-Y Change
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
139
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
409
Goodyear India Ltd
Tyres
433.17
656.67
52%
1.60
1.60
0%
597
Govind Rubber Ltd
Cycle tyres
161.08
237.73
48%
5.34
5.16
-3%
755
Harrisons Malayalam Ltd
Natural rubber
122.94
124.29
1%
25.88
27.40
6%
230
M R F Ltd
Tyres
5,298.38
7,579.46
43%
155.31
203.02
31%
376
T V S Srichakra Ltd
Tyres
426.72
748.24
75%
8.55
13.83
62%
WIRES & CABLES Cords Cable Inds Ltd
Wires & cables
183.24
234.31
28%
0.77
1.00
30%
104
Diamond Power Infrastructure Ltd
Cables & other conductors
496.29
987.71
99%
0.71
1.10
55%
173
Finolex Cables Ltd
Cables & other conductors
1,258.58
1,654.93
31%
16.86
18.34
9%
466
Kei Industries Ltd
Cables & other conductors
738.24
981.97
33%
2.62
3.28
25%
536
Polycab Wires Pvt Ltd
Wires & cables, insulated
2,050.37
3,124.04
52%
7.37
10.88
48%
343
Precision Wires India Ltd
Copper winding wires
524.34
771.44
47%
3.70
4.70
27%
706
Ram Ratna Wires Ltd
Copper enamelled winding wires
363.25
444.94
22%
0.67
0.90
34%
608
Sterlite Technologies Ltd
Power cables with aluminium
1,663.31
1,616.70
-3%
29.72
30.45
2%
techwatch
680
140
Aerospace Materials Facilitate In-situ Pipelines
M
o Ehsani, Professor Emeritus of Civil Engineering at the University of Arizona, has designed a new, lightweight underground pipe he says could transform the pipeline construction industry. Instead of conventional concrete or steel, Ehsani’s new pipe consists of a central layer of lightweight plastic honeycomb, similar to that used in the aerospace industry, sandwiched between layers of resin-saturated carbon fibre fabric. In combination, these materials are as strong, or stronger, than conventional steel and concrete pipes, which are time-consuming and expensive to manufacture and transport. Typically, concrete and steel pipes are built in short sections to fit on standard trucks. However, Ehsani’s new pipe can be built onsite as a single section of virtually infinite length, hence the product name InfinitPipe. Ehsani’s company, QuakeWrap, is marketing InfinitPipe as the world’s first ‘green’
september 2012 | industry 2.0 - technology management for decision-makers
Mo Ehsani, Professor Emeritus of Civil Engineering at the University of Arizona, easily lifts a section of StifPipe built at his facility Credit: University of Arizona College of Engineering
pipe. “There are really two aspects to this invention,” he says. “One is this new type of lightweight honeycomb pipe. Second is our ability to give clients an endless or infinite pipe, without a joint. That is a big breakthrough in the pipeline industry that has
www.industry20.com
2010-11
Y-O-Y Change
2009-10
2010-11
27.65
30.90
12%
5.79
16.95
16.71
-1%
15.10
14.91
390.96
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
2009-10
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
5.23
-10%
45.02
51.28
14%
55.66
83.80
51%
0.87
3.03
248%
19.29
22.62
17%
0.26
0.74
185%
-1%
3.43
4.42
29%
100.52
104.59
4%
1.59
1.50
-6%
435.88
11%
62.50
74.68
19%
325.40
380.33
17%
648.65
935.89
44%
32.89
55.21
68%
14.31
20.14
41%
48.20
75.96
58%
53.36
97.01
82%
3.11
3.47
12%
1.40
1.83
31%
9.62
11.46
19%
11.91
21.77
83%
3.74
7.27
94%
0.60
1.01
68%
6.60
6.66
1%
11.27
17.70
57%
29.11
33.24
14%
4.00
4.62
16%
58.59
64.11
9%
111.38
153.36
38%
18.17
20.60
13%
5.06
5.93
17%
17.70
25.74
45%
64.92
97.29
50%
10.68
19.16
79%
7.71
4.87
-37%
26.23
41.75
59%
208.12
313.76
51%
15.90
14.58
-8%
3.36
4.45
32%
10.12
10.74
6%
66.88
102.96
54%
8.38
7.30
-13%
0.99
1.47
48%
5.28
6.27
19%
33.38
47.03
41%
86.08
96.90
13%
9.55
9.69
1%
53.54
75.92
42%
66.04
58.55
-11%
implications for natural gas, oil, water, and sewer pipes.” The secret of producing virtually endless pipe sections lies in the manufacturing methodology. Ehsani wraps the various layers of carbon fabric and honeycomb around a mandrel, a kind of tubular mould with a cross-sectional shape that matches the pipe’s internal cross-section, which is typically, but not always, circular. “We basically start with a tube and wrap the materials on the outside,” Ehsani said. “A couple of layers of carbon fabric, then we put on the honeycomb and then a couple of layers of carbon or glass fibre on the outside. This becomes the pipe.” Ehsani had an inspiration when he realised that the finished pipe could be partially slid off the mandrel, and more pipe could be added to the section of pipe remaining on the mandrel. “Imagine having a truck with a mandrel in the back,” Ehsani said. “You start making the pipe on, say, a 20-foot mandrel, and pull off 18 feet so you
www.industry20.com
have two feet left on the mandrel,” he said. “Then you just move the truck forward and drop the pipe in the ground, and keep adding pipe.” Carbon fibre, resin and aerospace honeycomb are all very light materials that can be transported at a fraction of the cost of conventional prefabricated steel and concrete pipe. Ehsani sees applications for this manufacturing process in remote locations and in developing nations. “You could ship the raw materials to the workers there and they could make this pipe in their own village. No matter what size or shape they want, all they need to do is build a mandrel and make the pipe on the spot,” Ehsani explains. If Ehsani’s concept for mobile pipe manufacture using lightweight components takes off, he envisions an industry freed from the shackles of heavy industrial plant. “As a business model, a company that wants to get into pipeline manufacturing with one of these mobile trucks could have a factory anywhere in the world,” he said.
industry 2.0 - technology management for decision-makers | september 2012
1) RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2) STORES: Stores, spares and tools consumed 3) POWER & FUEL: Power, fuel and water charges 4) REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5) COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6) TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes Source of data: CMIE Prowess Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
POWER & FUEL (in Rs cr)
legend
141
RUN
like never before.
If you could do anything with your business, what would you do with it? Where would you run with it? Whatever your vision is, SAP can help you make it real. Accelerate change. Seize opportunity wherever and whenever you find it. Unlock insights instantly. From fine-tuning your business to transforming it entirely, SAP can help you run in entirely new ways.
© 2012 SAP AG. SAP and the SAP logo are trademarks and registered trademarks of SAP AG in Germany and several other countries.
Run like never before at sap.com/runbetter
RUN BETTER.
Manufacturing SMBs Each year Industry 2.0 analyses the performance of the nation’s most profitable mid-sized manufacturing companies. In the 7th annual report on the Top 500 Indian SMB manufacturing companies, we look at how organizations performed during the 2010-11 financial year. This year, our report also brings you an analysis of manufacturing expenses. Data analysis by Aman Shukla, Research Manager, 9.9 Media Design by Charu Dwivedi & Sameer Kishore
Methodology 144 Top 500 Companies 146 Sectoral Ranking 206 Manufacturing Expenses 214
TOP 500 RANKINGS Process The rankings of mid-size manufacturing companies that are presented in the following pages have been derived through an intensive analysis of financial data to provide you with an insight into the performance of the Indian manufacturing industry.
T
he rankings of mid-size manufacturing companies that are presented in the following pages have been derived through an intensive analysis of financial data to provide you with an insight into the performance of the Indian manufacturing industry. Our process started with identifying the sectors that comprise the manufacturing industry in India. Subsequently, the CMIE Prowess database was used to obtain data on key performance financial indicators for all companies in the identified industrial sectors. The CMIE Prowess database contains detailed information on more than 10,000 manufacturing companies. The companies that were selected for our analysis needed to have financial data for the years 2009-10 and 2010-11. We then eliminated all companies with negative Profit after Tax (PAT) for the year 2010-11 from our list. All companies that did not have complete data for our analysis were also removed from the list. This resulted in a grand total of 1,749 manufacturing companies for this year’s ranking process. Since the manufacturing industry has a diverse range of organizations, we
144
divided the total list of 1,749 companies into two groups. Companies with net revenues equal to or more than Rs. 300 crore for the financial year 2010-11 were classified as ‘Top Manufacturing Companies’; while companies with net revenues less than Rs 300 crore and more than Rs 10 crore were grouped into ‘Top SMB Manufacturing Companies’. A total of 758 companies made it to the list of Top Manufacturing Companies (see Industry 2.0, September 2012, Volume 1), while the remaining 991 organizations were classified as Top SMB Manufacturing Companies. This volume has the analysis for the Top SMB Manufacturing Companies.
About the Numbers All data used for the ranking of companies has been obtained from the CMIE Prowess database. Astute observers will discern that the numbers published in this volume are not an exact replica of the data from original sources. The explanation for this is simple. Data from original sources (like the annual accounts of companies) often lacks uniformity of meaning and scope. Definitions vary from company to company, and even from year to year. A meaningful analysis of the performance of companies or their comparisons with others can only be done if the data is re-stated, wherever necessary, to maintain consistency. This process of making data consistent is often termed as ‘normalisation’. The analysts at CMIE have developed a proprietary methodological framework to re-classify the information provided in the annual corporate statement of accounts. They clearly and unambiguously define every financial
september 2012 | industry 2.0 - technology management for decision-makers
parameter—and then re-classify the information from the corporate annual accounts to meet their definitions. Consequently, it is likely that the data obtained from CMIE Prowess, and published in this volume, is at variance from the original sources. Further, all data has been annualized to ensure consistency in analysis.
The Rankings The Industry 2.0 ranks for this year have been derived by comparing the performance of the selected companies across nine parameters (sales turnover, absolute increase in sales, percentage change in the sales turnover, net profit, increase in net profit, PAT/sales ratio, return on capital employed, and increase across two financial years). Scores for all parameters were assigned to each company based on the relative rank of an individual company (to the entire set) on that parameter. The composite scores for each company were then calculated as the sum of the scores obtained for each of the nine parameters. The companies were finally ranked on the composite score, with the lowest score securing the highest rank. This method offers the advantage of eliminating any subjectivity associated with assignment of weights to the parameters considered for ranking the performance of companies. The tables and charts on this page show the overall changes in the ranks. Top 5 New Entrants in List 1 Windsor Machines Ltd
Current Rank 3
2 L & T Plastics Machinery Ltd
8
3 Suryavanshi Spinning Mills Ltd
14
4 Kanani Industries Ltd J S W Steel Processing 5 Centres Ltd
24 30
www.industry20.com
Distribution of Companies
Manufacturing Industry Overview*
Sector Auto
2010 2011 Change 1% 1% 240%
Categories Total companies
2009-10 2,297
2010-11 1,749
Change -24%
Automobile ancillaries
6%
6%
-1%
Total Net Sales (Rs cr)
2,146,119
2,689,873
25%
Cement
1%
1%
350%
Total PBDITA (Rs cr)
315,221
351,135
11%
Chemicals & Petroleum Products 12% 12%
-15%
Total PAT (Rs cr)
160,516
169,780
6%
Clothing and Textile
-44%
ROCE (Median)
9
5
-47%
*Only companies forming a part of Industry 2.0’s Top 500 ranking.
Parameter Total companies
2009-10 1571
2010-11 991
Change -37%
Total Net Sales (Rs cr)
143,752
104,634
-27%
92
106
15%
20,861
14,799
-29%
1%
2%
178%
2%
2%
-1%
Iron & Steel
8%
2%
41%
Machinery & Equipment
6%
7%
-28%
Metal Products
5%
9%
9%
Non Ferrous Metals
2%
2%
-9%
Non-metallic Mineral Products
1%
1%
7%
Paper & Wood Products
4%
2%
-61%
Pharmaceuticals
7%
7%
242%
Average Net Sales (Rs cr) Total PBDITA (Rs cr) Average PBDITA (Rs cr)
13
15
15%
Total PAT (Rs cr)
9,304
6,313
-32%
Average PAT (Rs cr)
6
6
6%
ROCE (Median)
8
4
-53%
Plastics & Polymers
5%
8%
9%
Rubber Products
2%
2%
-51%
Top 5 Rise in Rank 1 Avery India Ltd
Wires & Cables
1%
1%
-12%
Total companies: 991 (2010-11); 1,571 (2009-10)
Change in Rank 1473
Top 5 Fall in Rank 1 International Conveyors Ltd
Change in Rank 863
2 O C L Iron & Steel Ltd
1453
2 Barak Valley Cements Ltd
853
3 S N L Bearings Ltd Sree Rayalaseema Hi-Strength 4 Hypo Ltd 5 Gujarat Polybutenes Pvt Ltd
1419
3 Tasty Bite Eatables Ltd
820
1403
4 Nitta Gelatin India Ltd
809
5 I T L Industries Ltd
789
2,010,000 1,510,000 1,010,000 510,000 10,000
2000
1000 500 0
1351
1381
644
647
726
758
2010
2011
2012
500
500
500
500
500
500
2006
2007
2008 2009 Large Manufacturing
www.industry20.com
1571
SMB
2006
2007
2008
2009
2010
2011
2012
Large Manufacturing
Total Companies
1500
Total Sales (in Rs crore)
2,510,000
Industry 2.0 Ranked Companies Over the Years 2500
1353
2,585,240
Gems & Jewellery Glass, Ceramics & Refractories
991
180000 160000 140000 120000 100000 80000 60000 40000 20000 0
SMB
Total PAT (in Rs Crore)
2006
2007
2008
2009
Large Manufacturing
163466
-11%
2,002,366
13% 11%
151212
Food Products
SMB Manufacturing Companies
1,890,974
22%
108653
-16%
1,702,244
5% 3%
130986
5% 3%
1,540,021
Electrical & Electronic Goods Electrical Equipment
115315
57% 509%
1,032,630
1% 2%
142119
1% 2%
897,242
Cosmetics & Soaps Diversified Manufacturing
54669
12% 13%
2010
2011
2012
SMB
industry 2.0 - technology management for decision-makers | september 2012
145
2.0 Top
Manufacturing smbs
2.0 Top
Manufacturing
2012 2011 Change
NET SALES (Rs Crore)
INDUSTRIAL ACTIVITY
INDUSTRY SECTOR
COMPANY
overall Rank
SMBs
2009-10
2010-11
RS Crore
1
868
National Peroxide Ltd
Chemicals & Petroleum Products
Hydrogen peroxide
131.89
199.73
67.84
2
6
H V Transmissions Ltd
Automobile ancillaries
Gears including crown wheels
205.35
288.14
82.79
222.79
273.14
50.35
3
0
Windsor Machines Ltd
Machinery & Equipment
Rubber & plastic products machinery
4
344
Piccadily Agro Inds Ltd
Food Products
Sugar
187.97
245.98
58.01
5
98
Ruby Mills Ltd
Clothing and Textile
Cloth (Fabrics)
159.07
207.70
48.63
6
987
Hercules Hoists Ltd
Machinery & Equipment
Material handling equipment
91.21
130.36
39.15
7
325
Suryalata Spinning Mills Ltd
Clothing and Textile
Cotton & blended yarn
170.10
248.25
78.15
8
0
L & T Plastics Machinery Ltd
Machinery & Equipment
Injection moulding machines
143.11
210.69
67.58
9
486
Diamines & Chemicals Ltd
Chemicals & Petroleum Products
Ethylenediamine
49.03
90.39
41.36
10
957
M M Forgings Ltd
Metal Products
Forgings
164.42
272.12
107.70
11
1187
Astra Microwave Products Ltd
Electrical & Electronic Goods
Microwave passive components
110.30
164.90
54.60
12
303
Aurigene Discovery Technologies Ltd
Pharmaceuticals
Bio-tech parks
88.89
128.76
39.87
13
1174
Shanthi Gears Ltd
Machinery & Equipment
Gears
129.55
174.41
44.86
14
0
Suryavanshi Spinning Mills Ltd
Clothing and Textile
Cotton & blended yarn
187.89
289.36
101.47
15
247
Asahi Songwon Colors Ltd
Chemicals & Petroleum Products
Pigments
128.03
184.50
56.47
16
580
Nitin Fire Protection Inds Ltd
Machinery & Equipment
Fire extinguishing / protection systems
93.89
146.50
52.61
17
1097
Agrocel Industries Ltd
Chemicals & Petroleum Products
Bromine
75.74
116.68
40.94
18
1421
Sree Rayalaseema Hi-Strength Hypo Ltd
Chemicals & Petroleum Products
Inorganic chemicals
178.75
218.77
40.02
19
756
Godrej Oil Palm Ltd
Food Products
Palm oil
63.88
111.21
47.33
20
328
Indian Steel & Wire Products Ltd
Metal Products
Cast iron castings
103.99
152.57
48.58
21
26
Kewal Kiran Clothing Ltd
Clothing and Textile
Apparels (Readymade garment)
176.34
237.62
61.28
22
54
A B C Bearings Ltd
Machinery & Equipment
Ball or roller bearings
175.75
221.15
45.40
23
851
V T M Ltd
Clothing and Textile
Cloth (Fabrics)
81.31
131.77
50.46
24
0
Kanani Industries Ltd
Gems & Jewellery
Jewellery
86.84
151.67
64.83
146
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
legend
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
CHANGE IN NET SALES
Meet the top performers of India who have scored big through innovative thinking, cost-optimisation strategies, intelligent marketing and quality products and services, and, of course, sheer hard work.
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11
51%
34.01
95.45
16.20
58.15
41.95
259%
11.94
28.52
16.58%
139%
12%
29%
40%
114.61
176.3
52.64
90.76
38.12
72%
25.07
30.76
5.69%
23%
26%
31%
23%
23.68
128.19
12.92
140.49
127.57
987%
5.87
21.37
15.50%
264%
6%
51%
31%
29.57
53.59
9.85
27.67
17.82
181%
5.50
11.23
5.73%
104%
5%
11%
31%
50.19
107.8
19.13
57.56
38.43
201%
20.51
26.74
6.23%
30%
12%
28%
43%
23.24
46.76
14.39
29.91
15.52
108%
14.16
21.75
7.59%
54%
16%
23%
46%
20.88
43.97
5.72
19.79
14.07
246%
3.42
8.02
4.60%
135%
3%
8%
47%
10.80
24.65
5.75
18.40
12.65
220%
3.67
8.61
4.94%
135%
4%
9%
84%
18.69
26.02
9.35
14.71
5.36
57%
1.69
15.53
13.84%
819%
19%
16%
66%
29.57
63.63
10.42
29.73
19.31
185%
6.02
7.52
1.50%
25%
6%
11%
50%
25.31
43.72
7.14
18.60
11.46
161%
6.78
10.82
4.04%
60%
6%
11%
45%
21.46
35.38
10.55
22.25
11.70
111%
11.74
17.26
5.52%
47%
12%
17%
35%
55.84
72.10
16.18
27.86
11.68
72%
11.63
16.00
4.37%
38%
12%
16%
54%
19.22
33.28
3.05
16.14
13.09
429%
1.43
5.49
4.06%
284%
2%
6%
44%
20.65
31.10
9.54
20.04
10.50
110%
7.55
10.79
3.24%
43%
7%
11%
56%
18.27
34.6
11.75
23.72
11.97
102%
12.65
14.56
1.91%
15%
13%
16%
54%
8.31
23.60
2.25
12.48
10.23
455%
2.73
10.49
7.76%
284%
3%
11%
22%
40.27
41.43
3.43
20.76
17.33
505%
2.18
10.49
8.31%
381%
2%
9%
74%
14.92
27.85
6.80
15.58
8.780
129%
10.55
14.15
3.60%
34%
11%
14%
47%
14.47
23.42
6.87
14.75
7.88
115%
6.59
11.43
4.84%
73%
7%
10%
35%
57.60
77.74
32.52
46.23
13.71
42%
18.02
18.58
0.56%
3%
18%
19%
26%
38.37
47.12
20.54
28.27
7.73
38%
8.34
11.97
3.63%
44%
12%
13%
62%
12.28
27.28
3.88
11.87
7.99
206%
4.67
9.65
4.98%
107%
5%
9%
75%
8.60
17.29
7.55
16.18
8.63
114%
8.69
10.65
1.96%
23%
9%
11%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
Industry 2.0 presents the Batch of 2011.
147
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
25
1351
Transpek Industry Ltd
Chemicals & Petroleum Products
Chlorides, chloride oxides & hydroxides
118.48
190.91
72.43
26
229
Precision Pipes & Profiles Co Ltd
Automobile ancillaries
Automobile ancillaries
186.39
226.48
40.09
27
391
Kallam Spinning Mills Ltd
Clothing and Textile
Cotton & blended yarn
85.39
137.23
51.84
28
200
Mazda Colours Ltd
Chemicals & Petroleum Products
Pigments
102.53
195.18
92.65
29
531
Hira Ferro Alloys Ltd
Iron & Steel
Ferro silico manganese
111.35
162.86
51.51
30
0
J S W Steel Processing Centres Ltd
Metal Products
Flat products
33.19
53.58
20.39
31
95
Nesco Ltd
Machinery & Equipment
Textile (incl jute) machinery
104.13
135.68
31.55
32
0
Ganesha Ecosphere Ltd
Clothing and Textile
Polyester staple fibre (PSF)
199.00
293.99
94.99
33
19
Sharp Industries Ltd
Plastics & Polymers
Flexible packaging materials
113.32
196.01
82.69
34
0
Sankalp Forgings Pvt Ltd
Metal Products
Forgings
42.64
82.46
39.82
35
0
Biocon Biopharmaceuticals Pvt Ltd
Pharmaceuticals
Bio-tech base drugs
14.98
27.92
12.94
36
432
P B M Polytex Ltd
Clothing and Textile
Cotton & blended yarn
152.17
194.10
41.93
37
0
Metkore Alloys & Inds Ltd
Iron & Steel
Ferro alloys
120.83
182.37
61.54
38
0
Rajvir Industries Ltd
Clothing and Textile
Cotton yarn
210.95
277.58
66.63
39
0
B S & B Safety Systems (I) Ltd
Electrical & Electronic Goods
Miscellaneous components
27.30
51.68
24.38
176.15
269.14
92.99
40
14
Mayur Uniquoters Ltd
Clothing and Textile
Other coated / laminated textile fabrics
41
0
Sambandam Spinning Mills Ltd
Clothing and Textile
Cotton yarn
145.06
212.11
67.05
42
0
Ramaraju Surgical Cotton Mills Ltd
Clothing and Textile
Cotton yarn
163.08
211.85
48.77
43
0
Timex Group India Ltd
Machinery & Equipment
Wrist watches
137.67
175.09
37.42
44
573
Plastiblends India Ltd
Chemicals & Petroleum Products
Other colouring substances
225.25
299.96
74.71
45
632
J K Files (India) Ltd
Metal Products
Files
143.71
282.52
138.81
46
0
V B C Ferro Alloys Ltd
Iron & Steel
Ferro silicon
89.12
119.53
30.41
47
444
Wendt (India) Ltd
Machinery & Equipment
Machine tools
60.47
89.47
29.00
48
0
Fairfield Atlas Ltd
Machinery & Equipment
Gears
96.94
171.83
74.89
49
99
Cera Sanitaryware Ltd
Glass, Ceramics & Refractories
Ceramic sinks, wash basins, etc
200.32
255.61
55.29
50
175
Mahindra Sona Ltd
Automobile ancillaries
Clutch assembly
195.46
259.59
64.13
51
319
Som Distilleries & Breweries Ltd
Food Products
Beer
104.79
182.97
78.18
52
463
Neo Corp Intl Ltd
Plastics & Polymers
HDPE woven sacks
187.66
244.51
56.85
53
946
Foseco India Ltd
Chemicals & Petroleum Products
Miscellaneous chemicals
134.68
202.31
67.63
54
241
Aditya Birla Chemicals (India) Ltd
Chemicals & Petroleum Products
Sodium hydroxide (Caustic Soda)
242.86
262.61
19.75
55
0
Pennar Engineered Building Systems Ltd
Metal Products
Articles of iron & steel
34.04
165.87
131.83
56
1317
Orient Press Ltd
Diversified Manufacturing
Diversified
70.71
158.74
88.03
57
365
G K W Ltd
Metal Products
Screws, bolts, nuts, rivets, washers, etc
27.83
43.93
16.10
58
47
Poly Medicure Ltd
Electrical & Electronic Goods
Medical equipment
137.66
171.37
33.71
148
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11
61%
21.67
33.83
4.55
12.78
8.23
181%
3.33
6.77
3.44%
103%
4%
7%
22%
42.16
55.47
13.58
27.17
13.59
100%
7.75
12.07
4.32%
56%
7%
12%
61%
23.28
32.96
6.06
13.98
7.92
131%
6.76
10.21
3.45%
51%
7%
10%
90%
14.51
28.59
6.54
15.37
8.83
135%
6.65
8.33
1.68%
25%
6%
8%
46%
30.95
44.35
17.51
28.68
11.17
64%
15.70
16.73
1.03%
7%
16%
18%
61%
28.05
45.55
6.16
18.82
12.66
206%
18.21
34.92
16.71%
92%
19%
35%
30%
83.27
104.24
54.98
68.62
13.64
25%
42.67
46.86
4.19%
10%
53%
51%
48%
24.41
37.92
8.88
17.91
9.03
102%
4.41
6.10
1.69%
38%
4%
6%
73%
22.23
40.09
18.63
32.78
14.15
76%
16.44
16.34
-0.10%
-1%
16%
17%
93%
8.10
19.42
1.50
9.01
7.51
501%
3.39
10.60
7.21%
213%
4%
11%
86%
18.12
28.48
2.61
19.2
16.59
636%
6.77
38.62
31.85%
470%
17%
69%
28%
16.90
34.53
3.76
15.09
11.33
301%
2.49
7.89
5.40%
217%
2%
8%
51%
11.85
25.25
5.93
13.39
7.46
126%
4.89
7.33
2.44%
50%
5%
7%
32%
31.09
56.53
2.27
14.28
12.01
529%
1.01
5.13
4.12%
408%
1%
5%
89%
12.05
27.21
7.34
17.08
9.74
133%
26.63
32.51
5.88%
22%
27%
33%
53%
29.69
42.42
16.26
25.27
9.01
55%
9.16
9.29
0.13%
1%
9%
9%
46%
30.22
45.62
4.69
12.56
7.87
168%
3.17
5.87
2.70%
85%
3%
6%
30%
33.47
59.41
0.96
12.59
11.63
1211%
0.53
5.93
5.40%
1019%
1%
6%
27%
9.52
19.58
4.62
14.01
9.39
203%
2.13
7.78
5.65%
265%
3%
8%
33%
20.24
30.84
10.43
18.55
8.12
78%
4.59
6.01
1.42%
31%
5%
6%
97%
15.19
28.82
4.58
10.91
6.33
138%
1.21
3.37
2.16%
179%
3%
4%
34%
-1.56
20.53
-8.84
10.19
19.03
-215%
2.61
8.45
5.84%
224%
-10%
9%
48%
18.04
27.17
9.82
15.95
6.13
62%
15.44
17.35
1.91%
12%
16%
18%
77%
20.03
27.20
15.09
17.61
2.52
17%
9.63
9.99
0.36%
4%
16%
10%
28%
38.56
51.11
19.61
26.54
6.93
35%
9.82
10.27
0.45%
5%
10%
10%
33%
26.12
33.42
13.71
19.64
5.93
43%
6.54
7.45
0.91%
14%
7%
8%
75%
12.63
27.22
8.35
15.14
6.79
81%
7.98
8.22
0.24%
3%
8%
8%
30%
23.25
34.61
9.22
14.19
4.97
54%
3.00
5.47
2.47%
82%
5%
6%
50%
22.79
33.26
12.51
19.3
6.79
54%
9.15
9.19
0.04%
0%
9%
10%
8%
88.14
94.07
53.49
62.3
8.81
16%
18.41
20.70
2.29%
12%
22%
24%
387%
2.42
18.63
0.21
6.5
6.29
2995%
0.59
3.89
3.30%
559%
1%
4%
124%
8.97
18.00
5.89
11.15
5.26
89%
5.50
6.28
0.78%
14%
8%
7%
58%
15.48
23.68
11.17
23.68
12.51
112%
35.44
38.49
3.05%
9%
40%
54%
24%
41.59
39.25
16.43
21.72
5.29
32%
11.18
12.71
1.53%
14%
12%
13%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
149
1095
60
NET SALES (Rs Crore)
INDUSTRIAL ACTIVITY
INDUSTRY SECTOR
2012 2011 Change
59
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
Amrit Corp Ltd
Food Products
Milk
36.59
45.78
9.19
0
Omkar Speciality Chemicals Ltd
Chemicals & Petroleum Products
Chemical elements
72.42
114.48
42.06
61
727
V B C Industries Ltd
Iron & Steel
Ferro silicon
47.39
65.13
17.74
62
0
Kandagiri Spinning Mills Ltd
Clothing and Textile
Cotton yarn
115.23
162.57
47.34
63
824
Repro India Ltd
Paper & Wood Products
Printed books, brochures, etc
201.25
260.74
59.49
64
92
Technofab Engineering Ltd
Metal Products
Other fabricated metal products
200.37
290.08
89.71
65
74
Parry Agro Inds Ltd
Food Products
Tea
152.46
158.73
6.27
49.15
65.81
16.66
66
348
Fermenta Biotech Ltd
Pharmaceuticals
Drugs, medicines & allied products
67
362
Symphony Ltd
Electrical & Electronic Goods
Coolers
190.3
233.49
43.19
68
499
La Opala R G Ltd
Glass, Ceramics & Refractories
Kitchen glass wares
77.81
100.49
22.68
69
0
A P M Industries Ltd
Clothing and Textile
Synthetic filament yarn
196.95
243.61
46.66
70
20
Srinivasa Hatcheries Ltd
Food Products
Poultry
122.39
143.47
21.08
71
267
Sven Genetech Ltd
Pharmaceuticals
Amino acid liquids
48.60
78.15
29.55
72
0
Priyadarshini Spinning Mills Ltd
Clothing and Textile
Synthetic filament yarn
192.43
259.62
67.19
73
1526
O C L Iron & Steel Ltd
Iron & Steel
Semi-finished Steel
205.96
246.37
40.41
74
0
Ador Fontech Ltd
Electrical Equipment
Welding machinery
123.04
153.48
30.44
75
593
Ring Plus Aqua Ltd
Automobile ancillaries
Thickwall, thinwall bearings
81.74
116.70
34.96
76
0
Kilburn Engineering Ltd
Machinery & Equipment
Dryers
94.07
134.06
39.99
77
18
Lumax D K Auto Inds Ltd
Automobile ancillaries
Auto head lights
197.00
293.94
96.94
78
1012
Disa India Ltd
Machinery & Equipment
Metallurgical machinery
76.87
117.49
40.62
79
1552
Avery India Ltd
Machinery & Equipment
Weighing machinery
68.31
85.33
17.02
80
237
Orbit Exports Ltd
Clothing and Textile
Cloth (Fabrics)
61.68
89.88
28.20
81
0
Shalimar Wires Industries Ltd
Non Ferrous Metals
Copper wire
82.84
91.02
8.18
82
0
S E L Textiles Ltd
Clothing and Textile
Cotton yarn
39.99
192.20
152.21
83
516
D F M Foods Ltd
Food Products
Noodles
72.19
119.84
47.65
84
0
Jamshri Ranjitsinghji Spg & Wvg Mills Co Ltd
Clothing and Textile
Cotton & blended yarn
39.28
51.98
12.70
85
55
India Nippon Electricals Ltd
Automobile ancillaries
Electrical automobile parts
188.47
259.43
70.96
86
366
Midfield Industries Ltd
Metal Products
Articles of iron & steel
90.51
132.25
41.74
87
453
Atul Auto Ltd
Auto
Three wheelers
130.44
222.29
91.85
88
164
Simmonds Marshall Ltd
Automobile ancillaries
Other automobile ancillaries
50.75
78.83
28.08
89
0
Venture Lighting India Ltd
Electrical & Electronic Goods
Lamps
159.96
189.98
30.02
90
534
Gujarat Reclaim & Rubber Products Ltd
Rubber Products
Reclaimed rubber
149.88
193.45
43.57
91
879
Birla Precision Technologies Ltd
Metal Products
Tools, implements, etc
84.65
115.35
30.70
92
419
M I L Controls Ltd
Electrical & Electronic Goods
Control valves
82.19
102.61
20.42
150
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10 2009-10
20010-11 2010-11
25%
5.26
24.03
2.59
18.68
16.09
621%
6.39
28.34
21.95%
344%
7%
41%
58%
13.10
21.90
5.18
10.14
4.96
96%
7.10
8.83
1.73%
24%
7%
9%
37%
7.18
13.93
3.28
9.27
5.99
183%
6.73
13.96
7.23%
107%
7%
14%
41%
22.7
33.33
3.34
9.26
5.92
177%
2.88
5.83
2.95%
102%
3%
6%
30%
40.24
38.56
17.56
22.79
5.23
30%
7.69
7.95
0.26%
3%
9%
9%
45%
35.15
45.21
19.09
26.03
6.94
36%
9.46
8.93
-0.53%
-6%
10%
9%
4%
80.60
130.92
47.06
104.35
57.29
122%
20.56
31.96
11.40%
55%
31%
66%
34%
10.29
17.23
4.19
9.45
5.26
126%
6.99
14.10
7.11%
102%
9%
14%
23%
57.65
69.08
36.93
44.93
8.00
22%
18.89
18.65
-0.24%
-1%
19%
19%
29%
14.14
22.08
2.77
9.33
6.56
237%
3.68
9.14
5.46%
148%
4%
9%
24%
20.18
32.58
6.60
13.82
7.22
109%
2.98
5.39
2.41%
81%
3%
6%
17%
22.22
32.49
12.39
19.5
7.11
57%
9.90
12.92
3.02%
31%
10%
14%
61%
23.95
39.20
9.54
15.39
5.85
61%
19.60
19.96
0.36%
2%
20%
20%
35%
14.07
23.96
0.01
8.73
8.72
87200%
0.01
3.34
3.33%
33300%
0%
3%
20%
16.18
27.39
0.20
11.76
11.56
5780%
0.02
4.39
4.37%
21850%
0%
5%
25%
21.05
28.74
12.64
18.36
5.72
45%
10.25
11.40
1.15%
11%
10%
12%
43%
13.73
21.04
5.08
11.29
6.21
122%
6.09
7.49
1.40%
23%
6%
10%
43%
9.63
21.32
4.36
9.12
4.76
109%
3.96
6.07
2.11%
53%
5%
7%
49%
27.11
33.58
19.04
27.31
8.27
43%
9.57
8.45
-1.12%
-12%
10%
9%
53%
17.77
25.39
9.86
15.1
5.24
53%
12.38
12.39
0.01%
0%
13%
13%
25%
2.97
14.01
0.62
8.47
7.85
1266%
0.41
9.59
9.18%
2239%
1%
10%
46%
7.30
15.30
3.29
7.69
4.40
134%
5.30
8.47
3.17%
60%
5%
9%
10%
37.37
71.96
20.47
58.61
38.14
186%
7.07
13.12
6.05%
86%
25%
64%
381%
6.58
30.91
2.49
11.82
9.33
375%
6.22
6.14
-0.08%
-1%
6%
6%
66%
8.65
16.2
4.21
8.32
4.11
98%
5.64
6.96
1.32%
23%
6%
7%
32%
5.80
9.37
4.72
8.43
3.71
79%
4.47
16.12
11.65%
261%
12%
16%
38%
29.63
40.16
19.92
25.44
5.52
28%
10.18
9.50
-0.68%
-7%
11%
10%
46%
19.87
28.20
8.24
12.56
4.32
52%
9.08
9.47
0.39%
4%
9%
9%
70%
14.21
20.03
4.54
9.43
4.89
108%
3.40
4.23
0.83%
24%
3%
4%
55%
10.19
16.28
4.43
8.44
4.01
91%
8.84
10.77
1.93%
22%
9%
11%
19%
26.04
23.17
0.95
10.09
9.14
962%
0.29
5.33
5.04%
1738%
1%
5%
29%
28.92
33.41
13.81
17.62
3.81
28%
8.64
8.98
0.34%
4%
9%
9%
36%
10.26
23.19
0.96
6.59
5.63
586%
1.04
5.68
4.64%
446%
1%
6%
25%
24.87
33.56
13.77
18.45
4.68
34%
15.57
16.77
1.20%
8%
17%
18%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
151
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
93
217
Zydus Animal Health Ltd
Pharmaceuticals
Antibiotics
119.19
139.03
19.84
94
132
Federal-Mogul T P R (India) Ltd
Automobile ancillaries
Piston rings
84.77
100.80
16.03
95
894
Ultramarine & Pigments Ltd
Chemicals & Petroleum Products
Ultramarine
116.30
130.50
14.20
96
0
Haldyn Glass Ltd
Glass, Ceramics & Refractories
Bottles
142.37
171.24
28.87
97
142
Modison Metals Ltd
Electrical Equipment
Contactors
103.83
137.87
34.04
65.68
94.72
29.04
98
0
Western India Shipyard Ltd
Metal Products
Miscellaneous articles of base metals
99
933
V M T Spinning Co Ltd
Clothing and Textile
Cotton yarn
104.00
129.32
25.32
A V T Natural Products Ltd
Cosmetics & Soaps
Essential oils
84.98
138.09
53.11
204.48
234.96
30.48
100 1031 101
31
Kabra Extrusiontechnik Ltd
Machinery & Equipment
Rubber & plastic products machinery
102
225
Sicgil Industrial Gases Ltd
Chemicals & Petroleum Products
Carbon dioxide
54.25
74.10
19.85
103
0
Maris Spinners Ltd
Clothing and Textile
Cotton yarn
66.35
92.20
25.85
104
111
Smruthi Organics Ltd
Pharmaceuticals
Drugs, medicines & allied products
126.49
162.29
35.80
105
73
Gandhi Special Tubes Ltd
Metal Products
Seamless tubes & pipes
81.86
99.49
17.63
106
0
Palanpur Engineering & Fabrications Ltd
Metal Products
Forgings
37.46
56.48
19.02
107
107
San Engineering & Locomotive Co Ltd
Auto
Locomotives
77.15
88.28
11.13
108
0
Guindy Machine Tools Ltd
Machinery & Equipment
Lapping machines
22.92
40.57
17.65
109
264
Jupiter Bioscience Ltd
Chemicals & Petroleum Products
Organic chemicals
183.94
253.11
69.17
110
0
Shilpi Cable Technologies Ltd
Wires & Cables
Wires & cables
170.01
230.67
60.66
111
281
Manjushree Technopack Ltd
Plastics & Polymers
Sacks & bags of polyethylene
160.05
241.86
81.81
194.75
272.67
77.92
112
78
Sterling Tools Ltd
Metal Products
Screws, bolts, nuts, rivets, washers, etc
113
0
Cimmco Ltd
Auto
Railway wagons, coaches, etc
29.67
118.54
88.87
114
0
Surana Ventures Ltd
Electrical & Electronic Goods
Solar modules
29.34
102.34
73.00
115 1070
Mallcom (India) Ltd
Diversified Manufacturing
Diversified
90.40
114.63
24.23
116
861
Murugappa Morgan Thermal Ceramics Ltd
Glass, Ceramics & Refractories
Other ceramic products
80.41
104.11
23.70
117
293
Arcotech Ltd
Non Ferrous Metals
Non-ferrous metals
101.46
222.65
121.19
118
590
Saint-Gobain Sekurit India Ltd
Automobile ancillaries
Automobile ancillaries
91.20
103.75
12.55
119
109
Advanced Enzyme Technologies Ltd
Chemicals & Petroleum Products
Enzymes
112.40
118.20
5.80
120
333
Ewac Alloys Ltd
Diversified Manufacturing
Diversified
149.03
195.47
46.44
121
744
Gulshan Polyols Ltd
Chemicals & Petroleum Products
Sorbitol
202.85
253.28
50.43
122
0
Parksons Packaging Ltd
Paper & Wood Products
Cartons, boxes, cases, etc
207.15
278.01
70.86
123
0
Zim Laboratories Ltd
Pharmaceuticals
Drug formulations
102.59
145.26
42.67
124
514
Marsons Ltd
Electrical Equipment
Transformers
78.33
114.51
36.18
125
0
V T X Industries Ltd
Clothing and Textile
Cloth (Fabrics)
117.84
168.33
50.49
Suryaamba Spinning Mills Ltd
Clothing and Textile
Polyester filament yarn (PFY)
85.48
120.29
34.81
126 1193
152
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
20010-11 2010-11
17%
33.81
34.37
17.07
21.59
4.52
26%
13.77
15.31
1.54%
11%
14%
16%
19%
25.92
31.77
13.09
18.18
5.09
39%
15.09
17.43
2.34%
16%
15%
18%
12%
23.76
29.26
10.78
17.01
6.23
58%
8.87
12.37
3.50%
39%
9%
13%
20%
30.98
35.19
11.01
15.85
4.84
44%
7.64
8.96
1.32%
17%
8%
9%
33%
23.05
30.92
11.80
15.84
4.04
34%
11.28
11.48
0.20%
2%
11%
11%
44%
69.59
43.38
49.78
15.34
-34.44
-69%
2.10
17.04
14.94%
711%
76%
16%
24%
20.27
22.17
10.13
13.29
3.16
31%
9.60
11.29
1.69%
18%
10%
10%
62%
18.65
24.53
6.52
10.81
4.29
66%
7.89
7.92
0.03%
0%
8%
8%
15%
36.23
39.97
21.46
25.82
4.36
20%
10.37
10.65
0.28%
3%
10%
11%
37%
14.37
20.87
4.95
8.61
3.66
74%
8.81
11.28
2.47%
28%
9%
12%
39%
11.39
22.07
0.24
8.49
8.25
3438%
0.12
2.75
2.63%
2192%
0%
9%
28%
15.78
22.37
5.55
10.03
4.48
81%
4.37
5.94
1.57%
36%
4%
6%
22%
41.72
42.67
25.33
26.29
0.96
4%
23.27
25.48
2.21%
9%
31%
26%
51%
5.20
9.85
2.45
5.79
3.34
136%
6.49
9.94
3.45%
53%
7%
10%
14%
14.48
22.29
7.49
12.86
5.37
72%
9.61
14.33
4.72%
49%
10%
15%
77%
4.95
9.38
1.30
4.28
2.98
229%
5.56
10.47
4.91%
88%
6%
11%
38%
96.94
109.38
30.82
33.42
2.60
8%
18.01
14.85
-3.16%
-18%
17%
13%
36%
29.66
37.16
9.70
13.36
3.66
38%
5.64
5.73
0.09%
2%
6%
6%
51%
29.41
48.26
10.57
14.79
4.22
40%
6.56
6.10
-0.46%
-7%
7%
6%
40%
31.02
38.41
11.59
15.85
4.26
37%
5.97
5.71
-0.26%
-4%
6%
6%
300%
557.60
10.16
556.83
10.94
-545.89
-98%
11.27
13.66
2.39%
21%
1877%
9%
249%
7.87
25.6
6.21
16.45
10.24
165%
19.63
15.77
-3.86%
-20%
21%
16%
27%
7.27
12.82
2.05
6.63
4.58
223%
2.17
5.94
3.77%
174%
2%
6%
29%
17.90
22.19
8.57
11.70
3.13
37%
10.46
11.12
0.66%
6%
11%
11%
119%
18.33
34.26
7.67
14.17
6.50
85%
7.55
6.29
-1.26%
-17%
8%
6%
14%
13.25
16.69
5.04
10.01
4.97
99%
4.92
9.61
4.69%
95%
6%
10%
5%
21.47
26.93
10.92
17.53
6.61
61%
9.73
14.49
4.76%
49%
10%
15%
31%
38.04
42.45
24.14
27.28
3.14
13%
15.74
13.91
-1.83%
-12%
16%
14%
25%
36.10
38.04
12.87
16.30
3.43
27%
5.84
5.91
0.07%
1%
6%
6%
34%
39.14
46.09
12.09
15.27
3.18
26%
5.65
5.53
-0.12%
-2%
6%
5%
42%
16.86
22.70
6.49
9.48
2.99
46%
6.09
6.37
0.28%
5%
6%
7%
46%
10.69
14.42
2.18
5.17
2.99
137%
3.36
5.55
2.19%
65%
3%
5%
43%
35.76
43.12
3.62
7.14
3.52
97%
3.03
4.14
1.11%
37%
3%
4%
41%
4.83
13.74
0.27
4.60
4.33
1604%
0.29
3.81
3.52%
1214%
0%
4%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
153
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
127
649
Caplin Point Laboratories Ltd
Pharmaceuticals
Drug formulations
60.46
80.02
19.56
128
1
Shilpa Medicare Ltd
Pharmaceuticals
Drugs, medicines & allied products
240.67
263.37
22.70
129
0
Standard Electrical Ltd
Electrical Equipment
Switchgears
94.22
101.61
7.39
76.69
109.29
32.60
130
0
Veejay Lakshmi Engg Works Ltd
Machinery & Equipment
Textile winding or reeling machines
131
128
N H K Spring India Ltd
Metal Products
Coil springs
137.06
193.89
56.83
132
0
Yuken India Ltd
Machinery & Equipment
Pumps
124.41
165.16
40.75
133
316
C T R Manufacturing Inds Ltd
Electrical Equipment
On load tap changing gears
121.01
149.87
28.86
134
0
Igarashi Motors India Ltd
Electrical Equipment
AC motors, others
161.89
200.29
38.40
135
0
I T D L Imagetec Ltd
Chemicals & Petroleum Products
Duplicating ink
27.77
37.27
9.50
136
34
Super Sales India Ltd
Clothing and Textile
Cotton yarn
128.41
179.06
50.65
137
0
Bharat Fertiliser Inds Ltd
Chemicals & Petroleum Products
Superphosphates
22.81
29.20
6.39
138
308
Shivam Autotech Ltd
Automobile ancillaries
Automobile ancillaries
207.15
278.86
71.71
139 1153
Clear Mipak Packaging Solutions Ltd
Plastics & Polymers
Plastic injection moulding items
87.72
150.36
62.64
140 1559
S N L Bearings Ltd
Machinery & Equipment
Needle roller bearings
14.27
19.37
5.10
141
292
Rajagiri Rubber & Produce Co Ltd
Rubber Products
Rubbers
31.76
40.30
8.54
142
0
Ishan Dyes & Chemicals Ltd
Chemicals & Petroleum Products
Other dyes
41.34
61.50
20.16
143 1125
Apollo Earthmovers Ltd
Auto
Construction machinery
76.81
107.82
31.01
144
0
Goldiam International Ltd
Gems & Jewellery
Jewellery
60.19
83.03
22.84
145
417
Samkrg Pistons & Rings Ltd
Automobile ancillaries
Pistons
150.85
198.21
47.36
146
654
Kothari Petrochemicals Ltd
Plastics & Polymers
Polyisobutylene
121.8
159.57
37.77
177.16
257.16
80.00
129.73
151.04
21.31
147
0
Kalyani Forge Ltd
Automobile ancillaries
148
975
Suven Life Sciences Ltd
Pharmaceuticals
Drive transmission & steering parts Drugs, medicines & allied products
149
67
Empire Industries Ltd
Diversified Manufacturing
Diversified
196.47
225.39
28.92
150
91
Elantas Beck India Ltd
Chemicals & Petroleum Products
Wire enamel
212.80
277.72
64.92
151
133
Apcotex Industries Ltd
Rubber Products
Styrene butadiene latex
156.83
222.59
65.76
152
143
Gravita India Ltd
Non Ferrous Metals
Lead, refined
110.94
205.84
94.90
153
557
Stovec Industries Ltd
Machinery & Equipment
Printing machinery
49.67
63.44
13.77
154
436
Maharashtra Polybutenes Ltd
Plastics & Polymers
Polyisobutylene
87.58
103.19
15.61
155
282
Avon Corporation Ltd
Machinery & Equipment
Weighing machinery
116.90
117.24
0.34
156
121
Nissan Copper Ltd
Non Ferrous Metals
Copper tubes & pipes
188.80
299.06
110.26
157
592
Keventer Agro Ltd
Diversified Manufacturing
Diversified
179.14
250.19
71.05
158
0
Rathi Rajasthan Steel Mills Ltd
Metal Products
Bars & rods
127.46
289.61
162.15
159
0
Anil Bioplus Ltd
Chemicals & Petroleum Products
Enzymes
17.00
30.76
13.76
160
0
Rishi Laser Ltd
Metal Products
Other fabricated metal products
121.27
155.10
33.83
154
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
20010-11 2010-11
32%
6.77
12.47
3.33
6.54
3.21
96%
4.68
7.50
2.82%
60%
6%
8%
9%
82.77
78.54
46.12
50.89
4.77
10%
18.82
18.22
-0.60%
-3%
19%
19%
8%
16.98
22.2
14.32
19.72
5.40
38%
16.72
19.20
2.48%
15%
15%
19%
43%
9.10
14.89
1.74
4.69
2.95
170%
2.24
5.24
3.00%
134%
2%
4%
41%
17.34
29.17
7.62
13.04
5.42
71%
7.14
6.64
-0.50%
-7%
6%
7%
33%
17.35
21.34
6.93
9.8
2.87
41%
4.83
5.49
0.66%
14%
6%
6%
24%
22.99
27.27
11.99
14.45
2.46
21%
9.88
10.12
0.24%
2%
10%
10%
24%
19.93
29.44
2.73
7.58
4.85
178%
1.64
3.77
2.13%
130%
2%
4%
34%
7.43
9.18
3.09
6.16
3.07
99%
11.03
15.77
4.74%
43%
11%
17%
39%
41.20
53.74
18.08
21.44
3.36
19%
13.31
10.96
-2.35%
-18%
14%
12%
28%
6.81
20.14
5.41
16.65
11.24
208%
34.79
36.88
2.09%
6%
24%
57%
35%
46.47
61.29
11.55
14.78
3.23
28%
5.59
5.32
-0.27%
-5%
6%
5%
71%
10.45
16.96
1.07
4.27
3.20
299%
0.76
2.58
1.82%
239%
1%
3%
36%
1.17
5.61
0.05
3.82
3.77
7540%
0.48
19.88
19.40%
4042%
0%
20%
27%
4.08
8.98
2.49
5.95
3.46
139%
7.49
13.29
5.80%
77%
8%
15%
49%
5.25
8.99
2.36
5.02
2.66
113%
6.76
8.86
2.10%
31%
6%
8%
40%
11.1
23.82
6.99
16.64
9.65
138%
8.99
8.10
-0.89%
-10%
9%
15%
38%
13.44
13.99
5.11
6.34
1.23
24%
4.68
6.96
2.28%
49%
8%
8%
31%
21.2
26.27
7.11
9.92
2.81
40%
4.63
4.99
0.36%
8%
5%
5%
31%
9.49
12.19
3.75
7.07
3.32
89%
3.07
4.39
1.32%
43%
3%
4%
45%
22.82
30.16
3.31
6.45
3.14
95%
0.94
1.84
0.90%
96%
2%
3%
16%
15.18
14.73
7.00
10.40
3.40
49%
5.37
6.84
1.47%
27%
5%
7%
15%
49.71
50.89
25.83
28.53
2.7
10%
13.15
12.49
-0.66%
-5%
13%
13%
31%
50.57
52.52
31.62
32.39
0.77
2%
14.13
11.38
-2.75%
-19%
15%
12%
42%
15.30
19.80
8.33
10.72
2.39
29%
4.95
4.88
-0.07%
-1%
5%
5%
86%
9.69
16.38
5.77
9.73
3.96
69%
5.14
4.63
-0.51%
-10%
5%
5%
28%
15.5
13.00
6.55
7.22
0.67
10%
5.39
9.58
4.19%
78%
13%
11%
18%
6.76
9.09
3.81
7.47
3.66
96%
3.86
6.65
2.79%
72%
4%
7%
0%
23.02
23.71
11.39
17.31
5.92
52%
9.87
14.60
4.73%
48%
10%
15%
58%
24.45
34.20
9.13
12.54
3.41
37%
4.80
4.10
-0.70%
-15%
5%
4%
40%
19.22
24.07
7.04
7.95
0.91
13%
2.35
3.13
0.78%
33%
4%
3%
127%
6.97
13.59
1.06
4.38
3.32
313%
0.83
1.39
0.56%
67%
1%
2%
81%
2.76
5.67
1.74
3.73
1.99
114%
9.86
11.83
1.97%
20%
10%
12%
28%
17.28
22.07
1.36
5.29
3.93
289%
1.01
3.25
2.24%
222%
1%
3%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
155
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
161 1325
Reil Electricals India Ltd
Automobile ancillaries
Starter motors
20.56
32.16
11.60
162
112
Aries Agro Ltd
Chemicals & Petroleum Products
Fertilisers
139.75
158.26
18.51
163
63
Dujodwala Products Ltd
Chemicals & Petroleum Products
Camphor
156.08
207.89
51.81
164 1042
Hind Rectifiers Ltd
Electrical & Electronic Goods
Electronics
79.71
108.11
28.40
165
662
Simplex Castings Ltd
Metal Products
Castings
183.48
230.19
46.71
166
802
Silver Spark Apparel Ltd
Clothing and Textile
Apparels (Readymade garment)
84.54
111.14
26.6
167
741
Uni Klinger Ltd
Automobile ancillaries
Automobile engine parts
41.96
51.31
9.35
168
0
Texmo Pipes & Products Ltd
Plastics & Polymers
PVC pipes
82.14
133.76
51.62
153.47
207.82
54.35
169
0
Oriental Rubber Inds Ltd
Rubber Products
Conveyor or transmission beltings of vulcanised rubber
170
0
Wintac Ltd
Pharmaceuticals
Drug formulations
21.68
28.05
6.37
171
313
Jessop & Co Ltd
Machinery & Equipment
Other industrial machinery
239.28
270.69
31.41
172 1470
Pitti Laminations Ltd
Electrical Equipment
Stampings & laminations
158.43
269.17
110.74
173
551
Salona Cotspin Ltd
Clothing and Textile
Cotton & cotton textiles
55.71
80.64
24.93
174
210
Archies Ltd
Paper & Wood Products
Greeting card
156.41
188.18
31.77
175 1164
Indo Borax & Chemicals Ltd
Chemicals & Petroleum Products
Boric acid
38.31
44.24
5.93
176 1522
Axtel Industries Ltd
Machinery & Equipment
Dairy machinery
28.59
58.83
30.24
177
825
Sri Venkatesa Mills Ltd
Clothing and Textile
Cotton & blended yarn
19.71
32.90
13.19
178
646
Jindal Cotex Ltd
Clothing and Textile
Textiles
146.50
269.18
122.68
179
0
Camlin Fine Sciences Ltd
Chemicals & Petroleum Products
Chemicals
126.99
166.77
39.78
180
538
Ray Ban Sun Optics India Ltd
Glass, Ceramics & Refractories
Spectacles, goggles, etc
76.59
66.71
-9.88
181
609
Mahalaxmi Rubtech Ltd
Clothing and Textile
Cotton & cotton textiles
89.38
129.69
40.31
182
441
Victor Gaskets India Ltd
Automobile ancillaries
Gaskets
50.53
62.81
12.28
183
297
Frontier Springs Ltd
Automobile ancillaries
Leaf springs (Automotive)
36.49
46.09
9.60
184
904
R M Mohite Inds Ltd
Clothing and Textile
Cotton & cotton textiles
106.30
136.16
29.86
185
949
Unifrax India Ltd
Glass, Ceramics & Refractories
Other ceramic products
47.46
59.01
11.55
186
0
K L R F Ltd
Diversified Manufacturing
Diversified
161.68
214.70
53.02
76.20
96.82
20.62
187
726
Roots Multiclean Ltd
Electrical & Electronic Goods
Household or laundry-type washing mahchines
188
212
R P G Life Sciences Ltd
Pharmaceuticals
Drug formulations
166.31
191.10
24.79
189
0
Jonas Woodhead & Sons (India) Ltd
Automobile ancillaries
Leaf springs (Automotive)
23.02
26.37
3.35
190
0
Gampa Alcoates Ltd
Paper & Wood Products
Metallised Paper
17.74
21.44
3.70
191
245
A D F Foods Ltd
Food Products
Semi processed snacks & foods
100.82
109.62
8.80
192
619
Menon Pistons Ltd
Automobile ancillaries
Pistons
113.50
149.45
35.95
193
539
T P L Plastech Ltd
Plastics & Polymers
Reservoirs, tanks, etc
79.16
107.34
28.18
194
408
Premier Ltd
Machinery & Equipment
Machine tools
158.59
243.11
84.52
156
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
20010-11 2010-11
56%
3.00
4.54
1.94
3.28
1.34
69%
9.78
13.97
4.19%
43%
9%
10%
13%
27.8
36.49
11.14
14.38
3.24
29%
8.88
9.18
0.30%
3%
8%
9%
33%
15.86
23.10
7.21
9.65
2.44
34%
4.62
4.65
0.03%
1%
5%
5%
36%
12.17
14.92
7.71
10.14
2.43
32%
9.63
9.34
-0.29%
-3%
10%
9%
25%
27.91
34.14
10.49
12.41
1.92
18%
5.66
5.58
-0.08%
-1%
6%
5%
31%
13.52
11.6
3.06
5.62
2.56
84%
3.57
4.98
1.41%
39%
4%
5%
22%
5.31
9.16
1.50
4.58
3.08
205%
3.72
8.78
5.06%
136%
4%
9%
63%
10.55
18.43
4.01
6.80
2.79
70%
4.99
4.93
-0.06%
-1%
5%
5%
35%
17.07
22.56
5.30
7.77
2.47
47%
5.19
5.20
0.01%
0%
3%
4%
29%
4.37
5.96
1.14
3.61
2.47
217%
5.85
13.06
7.21%
123%
5%
13%
13%
39.55
44.97
22.43
23.79
1.36
6%
7.75
7.45
-0.30%
-4%
9%
9%
70%
19.22
33.11
0.29
8.49
8.20
2828%
3.60
3.14
-0.46%
-13%
0%
3%
45%
10.02
16.58
2.26
4.47
2.21
98%
4.02
5.38
1.36%
34%
4%
6%
20%
19.23
24.68
8.8
12.13
3.33
38%
6.01
5.97
-0.04%
-1%
6%
6%
15%
10.35
11.38
4.74
7.48
2.74
58%
11.94
16.27
4.33%
36%
12%
17%
106%
2.20
5.14
0.66
2.42
1.76
267%
2.31
4.89
2.58%
112%
2%
4%
67%
4.17
6.00
1.32
2.87
1.55
117%
5.56
8.57
3.01%
54%
7%
9%
84%
13.62
33.19
7.09
10.45
3.36
47%
4.84
3.86
-0.98%
-20%
5%
4%
31%
17.24
22.06
4.29
6.66
2.37
55%
3.31
3.96
0.65%
20%
3%
4%
-13%
37.39
41.68
16.89
20.66
3.77
22%
14.73
26.00
11.27%
77%
22%
31%
45%
11.82
14.17
4.57
5.97
1.40
31%
4.00
4.46
0.46%
12%
5%
5%
24%
6.38
9.08
2.08
4.66
2.58
124%
2.44
5.94
3.50%
143%
4%
7%
26%
5.97
8.06
2.97
4.98
2.01
68%
8.19
10.83
2.64%
32%
8%
11%
28%
22.39
21.85
4.05
4.28
0.23
6%
1.80
6.38
4.58%
254%
4%
3%
24%
17.53
21.00
10.9
13.61
2.71
25%
22.40
22.34
-0.06%
0%
23%
23%
33%
15.37
19.76
0.52
3.9
3.38
650%
0.27
1.78
1.51%
559%
0%
2%
27%
11.75
13.72
5.32
7.14
1.82
34%
7.03
7.59
0.56%
8%
7%
7%
15%
34.63
34.91
10.80
12.71
1.91
18%
5.93
6.12
0.19%
3%
6%
7%
15%
2.12
7.22
0.16
4.66
4.50
2813%
0.65
13.27
12.62%
1942%
1%
18%
21%
3.55
5.99
1.83
4.68
2.85
156%
9.85
20.30
10.45%
106%
10%
22%
9%
25.51
28.21
15.63
17.8
2.17
14%
14.52
14.78
0.26%
2%
16%
16%
32%
12.69
18.31
5.46
8.77
3.31
61%
5.88
5.73
-0.15%
-3%
5%
6%
36%
10.77
17.68
4.58
9.03
4.45
97%
5.47
5.31
-0.16%
-3%
6%
8%
53%
38.81
143.91
16.63
18.45
1.82
11%
9.85
5.55
-4.30%
-44%
10%
8%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
157
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
195
24
Wim Plast Ltd
Plastics & Polymers
Plastic injection moulding items
142.03
179.77
37.74
196
803
Vikram Thermo (India) Ltd
Pharmaceuticals
Basic pharmaceuticals
20.53
31.99
11.46
197
0
Cosmo Ferrites Ltd
Electrical & Electronic Goods
Soft ferrites
39.33
51.27
11.94
198
71
W P I L Ltd
Machinery & Equipment
Pumps
216.77
224.80
8.03
199
0
Chemetall-Rai India Ltd
Chemicals & Petroleum Products
Miscellaneous chemicals
91.12
103.64
12.52
200 1434
Shree Sanyeeji Ispat Ltd
Metal Products
Bars & rods
115.28
126.58
11.30
201
0
Pix Transmissions Ltd
Rubber Products
V belt
178.99
238.03
59.04
202
0
Hindoostan Mills Ltd
Clothing and Textile
Cloth (Fabrics)
7.63
97.35
89.72
203 1020
Kamadgiri Fashion Ltd
Clothing and Textile
Cloth (Fabrics)
105.35
145.71
40.36
204
0
Nutraplus India Ltd
Chemicals & Petroleum Products
Anisole
14.92
38.74
23.82
205
0
Aksharchem (India) Ltd
Chemicals & Petroleum Products
Dyes
80.87
84.77
3.90
206
0
Saptagir Camphor Ltd
Chemicals & Petroleum Products
Camphor
135.64
163.31
27.67
207 1560
Gujarat Polybutenes Pvt Ltd
Plastics & Polymers
Polyisobutylene
35.80
44.04
8.24
208
254
Surat Textile Mills Ltd
Clothing and Textile
Polyester filament yarn (PFY)
260.88
299.82
38.94
209
0
Smita Conductors Pvt Ltd
Wires & Cables
Power cables with aluminium
269.52
232.61
-36.91
210
0
Milano Bathroom Fittings Pvt Ltd
Metal Products
Faucets
12.23
22.27
10.04
211
0
Stewart Holl (India) Ltd
Food Products
Tea
62.16
60.83
-1.33
Shiv Agrevo Ltd
Food Products
Edible oils
109.70
161.89
52.19
238.58
249.12
10.54
212 1486 213 1407
S M S Pharmaceuticals Ltd
Pharmaceuticals
Drugs, medicines & allied products
214
0
A I S Glass Solutions Ltd
Glass, Ceramics & Refractories
Glass & glass wares
41.26
54.16
12.90
215
0
Alicon Castalloy Ltd
Non Ferrous Metals
Aluminium castings
238.35
290.26
51.91
143.92
188.94
45.02
45.10
52.54
7.44
216
0
B S L Ltd
Clothing and Textile
217
0
Brooks Laboratories Ltd
Pharmaceuticals
Woven blended fabrics of synthetic staple fibres & c Drugs, medicines & allied products
218
0
Diamond Power Transformers Ltd
Electrical Equipment
Transformers
136.51
254.31
117.80
219 1315
Himachal Fibres Ltd
Clothing and Textile
Cotton & cotton textiles
49.53
100.20
50.67
220
Anmol Biscuits Ltd
Food Products
Biscuits
199.65
258.12
58.47
221 1129
I S T Ltd
Automobile ancillaries
Auto Ancillaries
19.80
22.58
2.78
222
568
Lakshmi Electrical Control Systems Ltd
Electrical & Electronic Goods
Control panels
107.61
162.32
54.71
223
562
Voith Paper Fabrics India Ltd
Clothing and Textile
Felt
56.23
60.60
4.37
224
329
Zodiac Clothing Co Ltd
Clothing and Textile
Apparels (Readymade garment)
276.17
291.75
15.58
225
0
Remsons Industries Ltd
Automobile ancillaries
Automobile equipment
75.23
104.44
29.21
226
0
Expo Gas Containers Ltd
Metal Products
Pressure vessels
20.77
27.66
6.89
227
81
Economic Explosives Ltd
Chemicals & Petroleum Products
Detonating, safety & other fuses, igniters
111.08
107.65
-3.43
228
222
Jenburkt Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
52.21
57.54
5.33
536
158
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11
2009-10
2010-11
RS Crore
27%
26.5
30.96
17.01
18.25
1.24
56%
4.50
5.59
2.00
3.02
30%
7.06
10.83
2.18
4%
29.10
32.48
14%
27.91
10%
PAT/NET SALES
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
20010-11 2010-11
7%
11.86
9.93
-1.93%
-16%
12%
10%
1.02
51%
6.56
9.43
2.87%
44%
10%
9%
4.18
2.00
92%
5.65
8.03
2.38%
42%
6%
8%
13.37
15.73
2.36
18%
6.13
6.98
0.85%
14%
6%
7%
25.03
16.72
14.22
-2.5
-15%
8.83
13.39
4.56%
52%
18%
14%
7.44
10.16
3.05
6.80
3.75
123%
2.64
5.26
2.62%
99%
3%
5%
33%
37.07
48.16
0.70
3.64
2.94
420%
0.36
1.50
1.14%
317%
0%
2%
1176%
2.61
17.61
1.45
8.57
7.12
491%
12.97
7.51
-5.46%
-42%
19%
9%
38%
6.85
11.99
1.68
3.23
1.55
92%
0.01
2.29
2.28%
22800%
2%
2%
160%
2.37
5.24
0.73
2.04
1.31
179%
3.28
5.68
2.40%
73%
5%
5%
5%
4.39
8.63
1.51
6.37
4.86
322%
1.45
7.00
5.55%
383%
2%
8%
20%
19.96
22.25
11.62
13.19
1.57
14%
8.57
8.07
-0.50%
-6%
9%
8%
23%
1.48
6.37
0.21
3.06
2.85
1357%
0.50
6.85
6.35%
1270%
1%
7%
15%
14.53
26.67
7.21
17.88
10.67
148%
2.76
2.52
-0.24%
-9%
3%
6%
-14%
43.56
42.7
24.10
25.88
1.78
7%
8.75
10.78
2.03%
23%
9%
11%
82%
1.53
2.67
0.66
1.98
1.32
200%
5.40
8.89
3.49%
65%
5%
9%
-2%
22.38
22.76
14.33
16.06
1.73
12%
17.84
24.51
6.67%
37%
23%
26%
48%
2.75
6.12
1.38
3.61
2.23
162%
1.28
2.20
0.92%
72%
1%
2%
4%
32.43
48.12
2.40
8.39
5.99
250%
0.99
3.32
2.33%
235%
1%
3%
31%
7.70
9.46
0.30
2.76
2.46
820%
0.29
5.06
4.77%
1645%
1%
5%
22%
36.82
40.44
13.40
14.63
1.23
9%
5.61
5.04
-0.57%
-10%
6%
5%
31%
28.69
34.18
3.79
5.66
1.87
49%
2.70
3.22
0.52%
19%
3%
3%
16%
7.53
9.41
5.17
6.89
1.72
33%
11.43
13.23
1.80%
16%
11%
13%
86%
18.54
23.42
11.43
12.77
1.34
12%
8.37
5.02
-3.35%
-40%
8%
5%
102%
5.10
9.77
2.13
4.42
2.29
108%
4.00
3.99
-0.01%
0%
4%
4%
29%
10.69
14.37
5.16
7.03
1.87
36%
2.48
2.66
0.18%
7%
3%
3%
14%
3.57
7.71
1.77
4.50
2.73
154%
9.18
18.15
8.97%
98%
9%
20%
51%
14.91
19.74
7.26
9.01
1.75
24%
6.69
5.48
-1.21%
-18%
7%
6%
8%
16.39
20.64
8.57
11.53
2.96
35%
13.36
14.58
1.22%
9%
15%
19%
6%
40.18
38.92
21.05
23.30
2.25
11%
7.10
6.74
-0.36%
-5%
8%
8%
39%
7.19
7.33
1.67
3.40
1.73
104%
1.64
3.08
1.44%
88%
2%
3%
33%
3.50
4.76
0.49
2.28
1.79
365%
2.30
7.98
5.68%
247%
2%
8%
-3%
44.57
44.81
27.33
28.62
1.29
5%
23.52
24.91
1.39%
6%
25%
27%
10%
7.18
10.76
3.72
6.13
2.41
65%
6.84
10.01
3.17%
46%
7%
11%
www.industry20.com
Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
159
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
229
0
Saicon Steels Pvt Ltd
Metal Products
Cold rolled coils, strips, sheets
42.22
51.96
9.74
230
261
Shakti Pumps (India) Ltd
Machinery & Equipment
Pumps
124.34
121.92
-2.42
231
0
Indus-League Clothing Ltd
Clothing and Textile
Apparels (Readymade garment)
240.15
278.14
37.99
232
0
Aunde India Ltd
Clothing and Textile
Coated / laminated textile fabrics
56.20
77.10
20.90
233
0
Kohinoor Steel Pvt Ltd
Iron & Steel
Sponge iron
200.73
277.01
76.28
234
0
Centum Rakon India Pvt Ltd
Electrical & Electronic Goods
Piezo electric elements
50.87
72.09
21.22
235
0
Tokyo Plast International Ltd
Plastics & Polymers
Other articles of plastics
40.91
48.51
7.60
169.35
219.29
49.94
236
205
Bliss G V S Pharma Ltd
Pharmaceuticals
Drugs, medicines & allied products
237
0
Ellenbarrie Industrial Gases Ltd
Chemicals & Petroleum Products
Hydrogen, rare & other gases
51.84
68.85
17.01
238
139
A T S Elgi Ltd
Automobile ancillaries
Automobile equipment
92.90
120.14
27.24
52.56
72.75
20.19
239
411
Ecoplast Ltd
Plastics & Polymers
Other sheets, films & foils of plastics
240
40
Kitex Garments Ltd
Clothing and Textile
Apparels - knitted / crocheted
272.23
258.06
-14.17
241
0
Shaily Engineering Plastics Ltd
Plastics & Polymers
Plastic Products
96.81
129.14
32.33
242
299
Sarla Performance Fibres Ltd
Clothing and Textile
Textured yarn of synthetic filament yarn
136.06
166.14
30.08
243
750
Ravi Dyeware Co Ltd
Chemicals & Petroleum Products
Dyes
111.62
151.92
40.30
244
0
P G Foils Ltd
Non Ferrous Metals
Aluminium foils
153.46
154.51
1.05
245 1511
Gujarat Intrux Ltd
Metal Products
Steel castings
19.62
29.28
9.66
246
Kavveri Telecom Products Ltd
Electrical & Electronic Goods
Antennas
210.51
256.87
46.36
247 1159
Kolhapur Steel Ltd
Metal Products
Steel castings
37.68
40.54
2.86
248
269
Narmada Gelatines Ltd
Chemicals & Petroleum Products
Gelatin
87.53
96.48
8.95
249
564
Midland Rubber & Produce Co Ltd
Food Products
Non-food crops
27.01
25.08
-1.93
250
0
Readymade Steel India Ltd
Metal Products
Bars & rods
32.37
101.06
68.69
251
211
Polson Ltd
Chemicals & Petroleum Products
Tanning extracts of vegetable origin
59.19
74.19
15.00
252
713
Kilburn Chemicals Ltd
Chemicals & Petroleum Products
Titanium dioxide
116.51
130.22
13.71
253
488
U P Twiga Fiberglass Ltd
Glass, Ceramics & Refractories
Glass fibres
98.80
113.73
14.93
254
0
Vaswani Industries Ltd
Iron & Steel
Sponge iron
102.68
145.36
42.68
255
0
Tamilnadu Jai Bharath Mills Ltd
Clothing and Textile
Cotton yarn
87.16
94.76
7.60
256
722
Pentokey Organy (India) Ltd
Chemicals & Petroleum Products
Ethyl acetate
49.03
67.14
18.11
257
0
Alfred Herbert Ltd
Machinery & Equipment
Rubber manufacturing machinery
22.08
26.79
4.71
258 1343
Lambodhara Textiles Ltd
Clothing and Textile
Cotton yarn
50.33
75.52
25.19
259 1230
Super Tannery Ltd
Clothing and Textile
Leather, canvas & other shoes
152.52
219.87
67.35
260 1284
Paushak Ltd
Chemicals & Petroleum Products
Miscellaneous chemicals
26.54
31.27
4.73
261
167
Famy Care Ltd
Rubber Products
Sheath contraceptives
258.81
258.81
0
262
940
Reliance Chemotex Inds Ltd
Clothing and Textile
Cotton & blended yarn
167.77
195.00
27.23
38
160
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
20010-11 2010-11
23%
6.05
7.85
0.69
3.10
2.41
349%
1.62
5.96
4.34%
268%
2%
6%
-2%
24.34
26.48
10.75
13.42
2.67
25%
8.63
10.92
2.29%
27%
9%
11%
16%
20.93
25.40
1.72
5.05
3.33
194%
0.79
1.92
1.13%
143%
1%
2%
37%
9.16
12.81
1.47
3.22
1.75
119%
2.61
4.17
1.56%
60%
3%
4%
38%
47.56
58.11
9.88
10.96
1.08
11%
4.79
3.87
-0.92%
-19%
5%
4%
42%
8.80
12.04
1.52
3.11
1.59
105%
2.82
4.25
1.43%
51%
3%
4%
19%
6.63
11.57
2.33
4.30
1.97
85%
4.98
7.82
2.84%
57%
6%
9%
29%
53.08
60.6
41.72
40.63
-1.09
-3%
24.38
18.13
-6.25%
-26%
25%
19%
33%
16.24
15.97
1.65
3.35
1.70
103%
0.82
3.11
2.29%
279%
3%
5%
29%
8.42
14.23
5.07
8.30
3.23
64%
7.62
6.83
-0.79%
-10%
5%
7%
38%
4.25
6.76
1.31
3.06
1.75
134%
2.68
4.19
1.51%
56%
2%
4%
-5%
49.56
53.01
18.50
20.63
2.13
12%
6.77
8.07
1.30%
19%
7%
8%
33%
12.99
15.66
2.12
3.82
1.70
80%
2.05
3.06
1.01%
49%
2%
3%
22%
24.63
25.93
11.23
12.41
1.18
11%
8.28
7.40
-0.88%
-11%
8%
7%
36%
7.25
10.90
2.00
4.15
2.15
108%
1.03
1.66
0.63%
61%
2%
3%
1%
16.69
19.68
2.86
9.38
6.52
228%
1.52
4.07
2.55%
168%
2%
6%
49%
1.98
4.01
0.73
1.97
1.24
170%
3.53
6.72
3.19%
90%
4%
7%
22%
58.34
60.42
31.15
34.11
2.96
10%
14.59
5.46
-9.13%
-63%
15%
13%
8%
5.68
9.13
1.83
4.47
2.64
144%
4.82
10.72
5.90%
122%
5%
11%
10%
13.92
15.82
8.18
9.47
1.29
16%
9.24
9.68
0.44%
5%
9%
10%
-7%
8.63
11.62
5.53
9.29
3.76
68%
18.06
28.20
10.14%
56%
20%
37%
212%
2.39
5.64
0.79
2.28
1.49
189%
1.60
2.27
0.67%
42%
2%
2%
25%
10.11
14.32
4.87
6.08
1.21
25%
8.01
8.26
0.25%
3%
8%
8%
12%
16.87
17.29
3.42
5.76
2.34
68%
2.62
4.20
1.58%
60%
3%
4%
15%
19.82
20.55
6.89
8.53
1.64
24%
6.31
6.50
0.19%
3%
7%
8%
42%
15.17
20.48
3.68
4.95
1.27
35%
3.40
3.47
0.07%
2%
4%
3%
9%
10.95
20.93
0.83
4.39
3.56
429%
0.71
4.61
3.90%
549%
1%
5%
37%
2.11
3.64
1.08
2.68
1.60
148%
2.08
3.99
1.91%
92%
2%
4%
21%
2.29
3.60
1.72
2.80
1.08
63%
4.57
11.05
6.48%
142%
8%
10%
50%
5.13
9.15
0.77
2.43
1.66
216%
1.69
3.18
1.49%
88%
2%
3%
44%
18.28
18.33
4.45
5.66
1.21
27%
2.80
2.73
-0.07%
-2%
3%
3%
18%
5.39
6.95
2.14
3.70
1.56
73%
8.00
11.37
3.37%
42%
8%
12%
0%
105.65
105.65
66.22
66.22
0
0%
25.04
25.04
0.00%
0%
26%
26%
16%
19.39
21.52
1.82
4.38
2.56
141%
0.66
2.11
1.45%
220%
1%
2%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
161
Grabal Alok Impex Ltd
Clothing and Textile
Special woven fabrics
251.3
242.94
-8.36
264 1391
Tedco Granite Ltd
Chemicals & Petroleum Products
Single superphosphate
15.17
18.94
3.77
265
Lokesh Machines Ltd
Machinery & Equipment
General purpose machinery
113.45
173.11
59.66
266 1345
Steelcast Ltd
Metal Products
Steel castings
103.02
141.64
38.62
267
94
Machino Plastics Ltd
Plastics & Polymers
Other articles of plastics
136.33
177.31
40.98
268
320
Elgi Ultra Inds Ltd
Electrical & Electronic Goods
Grinders & mixers
79.62
94.51
14.89
269 1236
Suraj Ltd
Metal Products
Tubes & pipes
186.39
254.45
68.06
270
346
Jost'S Engineering Co Ltd
Machinery & Equipment
Material handling equipment
61.58
79.85
18.27
271
0
Sarup Industries Ltd
Clothing and Textile
Leather shoes
36.63
61.35
24.72
272
0
Punjab Bevel Gears Ltd
Automobile ancillaries
Gears including crown wheels
106.64
146.45
39.81
273
0
Coastal Corporation Ltd
Food Products
Shrimps
27.16
38.88
11.72
274
786
Andhra Pradesh Heavy Machinery & Engg Ltd
Machinery & Equipment
Material handling equipment
62.13
66.34
4.21
275
755
Biddle Sawyer Ltd
Pharmaceuticals
Drug formulations
37.62
40.07
2.45
276
944
Sanghvi Forging & Engg Ltd
Metal Products
Forgings
31.15
42.81
11.66
277 1025
Talbros Engineering Ltd
Automobile ancillaries
Axle shafts
67.08
91.18
24.10
278
Octant Industries Ltd
Chemicals & Petroleum Products
Hydrogenated castor oil
36.14
55.74
19.6
147.05
218.19
71.14
COMPANY
INDUSTRIAL ACTIVITY
NET SALES (Rs Crore)
Manufacturing smbs
INDUSTRY SECTOR
overall Rank
2.0 Top
2012 2011 Change
263
0
358
0
2009-10
2010-11
RS Crore
279 1437
Welcast Steels Ltd
Non-metallic Mineral Products
Abrasive powder or grain on a base
280
386
Hester Biosciences Ltd
Pharmaceuticals
Vaccines
37.53
41.97
4.44
281
746
Paras Petrofils Ltd
Clothing and Textile
Polyester filament yarn (PFY)
108.41
131.66
23.25
282
0
Gayatri Bioorganics Ltd
Food Products
Starches
63.83
91.47
27.64
283
396
Triton Valves Ltd
Automobile ancillaries
Engine valves
99.45
138.24
38.79
284
0
B C H Electric Ltd
Electrical Equipment
Switching apparatus
210.48
261.25
50.77
285
794
Roto Pumps Ltd
Automobile ancillaries
Rotor pumps
51.57
61.83
10.26
286
790
Chembond Chemicals Ltd
Chemicals & Petroleum Products
Chemicals
125.37
149.21
23.84
287
174
Frick India Ltd
Electrical & Electronic Goods
Freezers
93.51
129.05
35.54
288
631
Oswal Industries Ltd
Machinery & Equipment
Valves
73.88
91.98
18.10
99.56
133.29
33.73
289
420
Rajasthan Electronics & Instruments Ltd
Electrical & Electronic Goods
Control instrumentation & industrial electronics
290
0
Sushrut Herbals Pvt Ltd
Food Products
Ayurvedic & unani herbs
30.88
37.74
6.86
291
257
Chembond Ashland Water Technologies Ltd
Chemicals & Petroleum Products
Miscellaneous chemicals
49.27
53.92
4.65
Indfrag Ltd
Cosmetics & Soaps
Essential oils other than of citrus fruits
30.89
37.74
6.85
293 1139
Devi Sea Foods Ltd
Food Products
Shrimps
165.28
289.5
124.22
294
0
Auto Ignition Ltd
Automobile ancillaries
Starter motors
162.85
199.96
37.11
295
781
Devi Fisheries Ltd
Food Products
Shrimps
132.01
241.21
109.20
296
0
R D B Rasayans Ltd
Plastics & Polymers
Sacks & bags
30.71
46.13
15.42
292
0
162
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11
2009-10
2010-11
RS Crore
-3%
87.21
71.26
16.20
17.65
1.45
25%
3.25
7.49
1.55
4.25
53%
22.71
30.76
4.05
37%
13.50
16.50
30%
27.35
19%
PAT/NET SALES
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
20010-11 2010-11
9%
6.09
7.30
1.21%
20%
6%
7%
2.70
174%
6.42
8.42
2.00%
31%
10%
22%
7.09
3.04
75%
3.49
2.71
-0.78%
-22%
4%
4%
2.77
4.33
1.56
56%
2.56
2.81
0.25%
10%
3%
3%
27.98
7.13
8.24
1.11
16%
4.80
4.31
-0.49%
-10%
5%
5%
12.50
9.56
5.47
5.24
-0.23
-4%
3.01
6.25
3.24%
108%
7%
6%
37%
28.95
34.35
5.14
6.75
1.61
31%
2.79
2.51
-0.28%
-10%
3%
3%
30%
4.87
7.47
2.33
4.40
2.07
89%
3.72
4.25
0.53%
14%
4%
6%
67%
3.20
6.22
0.85
2.09
1.24
146%
2.05
3.39
1.34%
65%
2%
3%
37%
11.56
15.74
2.63
4.04
1.41
54%
2.37
2.69
0.32%
14%
2%
3%
43%
2.33
3.21
0.70
1.98
1.28
183%
2.54
5.07
2.53%
100%
3%
5%
7%
9.10
9.30
4.10
4.94
0.84
20%
2.72
7.74
5.02%
185%
7%
7%
7%
20.98
22.57
13.57
14.88
1.31
10%
33.59
34.36
0.77%
2%
36%
37%
37%
5.95
8.29
2.61
3.93
1.32
51%
9.01
9.15
0.14%
2%
8%
9%
36%
5.43
8.54
1.03
2.61
1.58
153%
1.44
2.83
1.39%
97%
2%
3%
54%
0.12
6.29
0.01
1.61
1.60
16000%
0.03
2.89
2.86%
9533%
0%
3%
48%
6.88
7.33
1.27
2.67
1.40
110%
0.83
1.15
0.32%
39%
1%
1%
12%
15.95
18.5
6.03
7.60
1.57
26%
16.69
17.34
0.65%
4%
16%
18%
21%
10.25
9.43
2.11
3.63
1.52
72%
1.21
2.71
1.50%
124%
2%
3%
43%
5.36
9.45
1.49
2.87
1.38
93%
2.33
3.12
0.79%
34%
2%
3%
39%
12.5
15.45
4.81
6.04
1.23
26%
4.84
4.37
-0.47%
-10%
5%
4%
24%
31.14
32.48
5.72
7.21
1.49
26%
2.46
2.44
-0.02%
-1%
3%
3%
20%
9.08
11.45
4.15
5.39
1.24
30%
7.95
8.39
0.44%
6%
8%
9%
19%
10.36
12.73
5.17
6.47
1.30
25%
3.98
4.15
0.17%
4%
4%
4%
38%
13.82
16.09
8.50
8.95
0.45
5%
8.44
6.71
-1.73%
-20%
9%
7%
24%
17.30
19.73
8.44
9.03
0.59
7%
11.30
10.41
-0.89%
-8%
11%
10%
34%
6.11
11.79
1.83
5.03
3.20
175%
2.58
2.56
-0.02%
-1%
2%
4%
22%
7.22
7.69
4.14
4.92
0.78
19%
12.21
12.83
0.62%
5%
13%
13%
9%
8.69
10.21
5.09
6.43
1.34
26%
10.61
11.67
1.06%
10%
10%
12%
22%
7.12
7.54
4.14
4.92
0.78
19%
12.21
12.83
0.62%
5%
13%
13%
75%
18.39
19.01
5.32
6.57
1.25
23%
2.99
2.15
-0.84%
-28%
3%
2%
23%
25.63
22.98
15.78
13.07
-2.71
-17%
6.68
6.52
-0.16%
-2%
10%
7%
83%
5.92
9.50
1.22
2.49
1.27
104%
0.88
1.00
0.12%
14%
1%
1%
50%
3.92
5.30
0.78
1.80
1.02
131%
1.79
3.87
2.08%
116%
3%
4%
www.industry20.com
Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
163
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
297
324
Avon Organics Ltd
Chemicals & Petroleum Products
Organic chemicals
150.45
162.12
11.67
298
0
Elder Health Care Ltd
Pharmaceuticals
Drug formulations
81.15
115.95
34.80
299
407
Sundaram Multi Pap Ltd
Paper & Wood Products
Registers, account books, note books, etc
151.38
193.66
42.28
300
692
Eimco Elecon (India) Ltd
Machinery & Equipment
Non-electrical machinery
172.55
197.10
24.55
301
374
Gujarat Organics Ltd
Chemicals & Petroleum Products
Benzoic acid
39.90
41.41
1.51
302
259
Menon Bearings Ltd
Automobile ancillaries
Automobile engine parts
56.63
79.67
23.04
Indo Amines Ltd
Chemicals & Petroleum Products
Organic chemicals
97.74
166.00
68.26
90.20
149.83
59.63
303 1429 304
705
Shekhawati Poly-Yarn Ltd
Clothing and Textile
Textured yarn of synthetic filament yarn
305
0
Seam Industries Ltd
Metal Products
Seamless tubes & pipes
47.16
80.98
33.82
306
0
Travancore Sugars & Chemicals Ltd
Food Products
Indian made foreign liquors
15.29
23.20
7.91
307
483
T C P L Packaging Ltd
Paper & Wood Products
Other printed matter
198.43
254.34
55.91
308
398
Sterling Abrasives Ltd
Non-metallic Mineral Products
Grinding wheels of synthetic abrasives
33.88
44.58
10.70
309
679
Richa Industries Ltd
Clothing and Textile
Cloth processed
174.57
228.6
54.03
310 1100
Mohit Industries Ltd
Clothing and Textile
Cotton & blended yarn
108.36
147.71
39.35
311 1256
Sudal Industries Ltd
Non Ferrous Metals
Other aluminium products
76.01
121.15
45.14
312
462
T A L Manufacturing Solutions Ltd
Diversified Manufacturing
Diversified
173.07
231.61
58.54
313
188
Mold-Tek Packaging Ltd
Plastics & Polymers
Plastic injection moulding items
131.02
164.39
33.37
314
600
Shivalik Bimetal Controls Ltd
Metal Products
Hot rolled coils, strips, sheets
78.15
94.46
16.31
315
0
Deltronix India Ltd
Automobile ancillaries
Automobile ancillaries
37.50
43.44
5.94
316 1029
Binayak Tex Processors Ltd
Clothing and Textile
Cloth processed
133.10
154.70
21.60
317
493
Himalya International Ltd
Food Products
Mushroom
68.97
82.88
13.91
318
265
Amarjothi Spinning Mills Ltd
Clothing and Textile
Cotton yarn
98.58
123.99
25.41
319 1113
Smartchem Technologies Ltd
Chemicals & Petroleum Products
Ammonium nitrate
55.05
70.11
15.06
320
Ankit India Ltd
Food Products
Wheat flour
203.91
257.05
53.14
48.51
53.63
5.12
0
321
860
Tirupati Starch & Chemicals Ltd
Food Products
Food products, beverages & tobacco
322
0
Hematic Motors Ltd
Electrical Equipment
Electric motors
38.96
96.46
57.50
323
0
Uniply Industries Ltd
Paper & Wood Products
Plywood
98.34
119.57
21.23
324
0
Balmer Lawrie-Van Leer Ltd
Plastics & Polymers
Reservoirs, tanks, etc
165.05
186.09
21.04
325
0
Yogindera Worsted Ltd
Clothing and Textile
Acrylic filament yarn (AFY)
186.62
211.72
25.10
326
666
Bimetal Bearings Ltd
Automobile ancillaries
Thickwall, thinwall bearings
123.12
160.26
37.14
327
431
Akar Tools Ltd
Machinery & Equipment
Machine tools
113.26
131.13
17.87
328
0
Sarda Plywood Inds Ltd
Paper & Wood Products
Plywood
122.97
158.75
35.78
329
719
Addison & Co Ltd
Machinery & Equipment
Drilling machines
187.75
263.04
75.29
B & A Packaging India Ltd
Paper & Wood Products
Sacks and bags of paper
20.27
30.11
9.84
330 1312
164
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
8%
26.44
29.46
8.90
9.86
0.96
11%
5.94
6.07
0.13%
43%
4.49
7.70
0.05
1.61
1.56
3120%
0.06
1.44
28%
21.48
26.37
7.74
8.65
0.91
12%
5.26
14%
27.7
27.18
12.80
13.4
0.60
5%
4%
8.35
9.54
5.11
6.38
1.27
41%
14.79
16.06
7.55
6.38
70%
6.62
9.03
1.33
66%
9.23
16.15
72%
6.59
52%
2009-10
20010-11 2010-11
2%
6%
6%
1.38%
2300%
0%
1%
4.35
-0.91%
-17%
5%
4%
7.27
6.29
-0.98%
-13%
7%
7%
25%
11.03
13.41
2.38%
22%
13%
15%
-1.17
-15%
8.13
8.14
0.01%
0%
13%
8%
2.80
1.47
111%
1.36
1.43
0.07%
5%
1%
2%
2.21
3.58
1.37
62%
2.45
2.36
-0.09%
-4%
2%
2%
8.48
2.32
3.64
1.32
57%
4.85
4.49
-0.36%
-7%
5%
4%
1.61
2.90
0.90
1.76
0.86
96%
5.85
7.46
1.61%
28%
6%
8%
28%
27.25
35.61
4.43
6.29
1.86
42%
2.77
2.48
-0.29%
-10%
2%
2%
32%
9.82
11.01
5.55
6.42
0.87
16%
14.59
13.69
-0.90%
-6%
16%
14%
31%
22.56
34.51
5.66
8.45
2.79
49%
5.52
3.66
-1.86%
-34%
3%
4%
36%
6.52
12.48
1.16
2.77
1.61
139%
0.91
1.37
0.46%
51%
1%
2%
59%
10.05
10.75
2.30
3.50
1.20
52%
2.84
2.80
-0.04%
-1%
3%
3%
34%
28.53
25.74
15.34
14.70
-0.64
-4%
7.33
5.34
-1.99%
-27%
9%
6%
25%
17.36
19.70
7.36
8.00
0.64
9%
5.35
4.78
-0.57%
-11%
6%
5%
21%
11.42
13.72
5.11
6.43
1.32
26%
7.03
6.69
-0.34%
-5%
7%
7%
16%
6.79
9.11
2.44
3.59
1.15
47%
6.49
8.45
1.96%
30%
7%
8%
16%
10.03
10.56
4.38
4.40
0.02
0%
1.68
3.61
1.93%
115%
3%
3%
20%
24.32
28.74
15.25
15.36
0.11
1%
21.00
18.47
-2.53%
-12%
22%
19%
26%
26.02
38.85
9.49
9.80
0.31
3%
9.51
7.63
-1.88%
-20%
10%
8%
27%
14.44
15.74
8.49
9.14
0.65
8%
15.09
12.71
-2.38%
-16%
15%
13%
26%
14.26
17.36
2.40
3.56
1.16
48%
1.04
1.29
0.25%
24%
1%
1%
11%
3.28
5.99
1.02
2.98
1.96
192%
2.38
5.58
3.20%
134%
2%
6%
148%
3.68
10.48
2.05
3.95
1.90
93%
5.20
3.78
-1.42%
-27%
5%
4%
22%
6.67
9.98
-3.43
2.01
5.44
-159%
0.30
1.67
1.37%
457%
-3%
2%
13%
43.72
22.65
26.04
9.06
-16.98
-65%
0.84
2.75
1.91%
227%
16%
5%
13%
14.62
20.30
3.26
4.68
1.42
44%
1.67
2.28
0.61%
37%
2%
2%
30%
17.67
18.82
8.94
9.14
0.20
2%
6.87
5.49
-1.38%
-20%
7%
6%
16%
10.10
13.04
2.05
4.02
1.97
96%
2.30
3.03
0.73%
32%
2%
3%
29%
6.01
7.83
1.54
2.62
1.08
70%
1.04
1.66
0.62%
60%
1%
2%
40%
26.97
29.95
4.31
5.04
0.73
17%
2.25
1.92
-0.33%
-15%
2%
2%
49%
2.92
3.91
0.61
1.45
0.84
138%
3.00
4.81
1.81%
60%
3%
5%
www.industry20.com
Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
165
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
331 1096
Vippy Spinpro Ltd
Clothing and Textile
Cotton yarn
53.71
89.07
35.36
332
0
Suashish Jewelry India Ltd
Gems & Jewellery
Diamonds
61.78
72.65
10.87
333
382
Hemadri Cements Ltd
Cement
Cement
50.74
59.02
8.28
334
294
Albert David Ltd
Pharmaceuticals
Drug formulations
206.35
221.98
15.63
335
0
Gopalpur Tea Co Ltd
Food Products
Tea
9.48
10.70
1.22
336
0
Solitaire Machine Tools Ltd
Machinery & Equipment
Grinder, tool or cutter machines
6.87
10.44
3.57
J H S Svendgaard Laboratories Ltd
Cosmetics & Soaps
Preparations for oral or dental hygiene
51.16
85.69
34.53
338 1341
Ranba Castings Ltd
Metal Products
Cast iron castings
38.28
59.61
21.33
339
404
Troikaa Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
129.68
175.68
46.00
340
0
Southern Spinners & Processors Ltd
Clothing and Textile
Cotton yarn
42.98
70.72
27.74
341
0
Kirloskar Corrocoat Pvt Ltd
Chemicals & Petroleum Products
Miscellaneous chemicals
24.51
42.98
18.47
342
792
General Metallisers Ltd
Paper & Wood Products
Metallised Paper
31.80
39.17
7.37
343
981
Shri Dinesh Mills Ltd
Clothing and Textile
Woven fabrics of wool
81.37
88.61
7.24
Avantel Ltd
Electrical & Electronic Goods
Filters
22.69
24.07
1.38
20.77
25.91
5.14
337
220
344 1406 345 1166
Roop Telsonic Ultrasonix Ltd
Electrical & Electronic Goods
Industrial electronics & automation equipment
346
0
Timbor Home Ltd
Paper & Wood Products
Wood
51.87
80.60
28.73
347
0
Prag Distillery Pvt Ltd
Food Products
Indian made foreign liquors
62.38
207.57
145.19
348
0
Galaxy Bearings Ltd
Machinery & Equipment
Ball bearings
26.33
41.56
15.23
349
10
Veljan Denison Ltd
Automobile ancillaries
Hydraulic pumps
106.94
106.94
0
45.91
61.24
15.33
350
841
Photoquip (India) Ltd
Electrical & Electronic Goods
Photographic flashlight apparatus
351
0
Rational Engineers Ltd
Plastics & Polymers
Plastic Products
75.09
101.45
26.36
352
870
Basant Agro Tech (India) Ltd
Chemicals & Petroleum Products
Fertilisers
128.21
168.71
40.5
353
512
Thermax Instrumentation Ltd
Electrical & Electronic Goods
103.47
251.89
148.42
354 1285
Rungta Irrigation Ltd
Plastics & Polymers
Electronic test & measuring instruments Tubes, pipes & hoses of poly vinyl chloride
37.81
61.60
23.79
355
0
I V P Ltd
Chemicals & Petroleum Products
Miscellaneous chemicals
83.36
141.13
57.77
356
196
Revathi Equipment Ltd
Machinery & Equipment
Drilling machines
120.10
120.85
0.75
357
459
Cabot Sanmar Ltd
Chemicals & Petroleum Products
Silicon dioxide
32.12
40.60
8.48
358
161
Bengal Tea & Fabrics Ltd
Clothing and Textile
Cotton & cotton textiles
155.29
177.96
22.67
359
85
Indag Rubber Ltd
Rubber Products
Retreaded & other tyres
111.35
149.56
38.21
360
553
Rapicut Carbides Ltd
Non Ferrous Metals
Tungsten
22.31
27.47
5.16
361
768
Rushil Decor Ltd
Plastics & Polymers
Sheets, films, etc of plastic
101.75
124.89
23.14
362
33
Vikas Granaries Ltd
Chemicals & Petroleum Products
Guar gum
115.93
132.80
16.87
363
122
Smartlink Network Systems Ltd
Electrical & Electronic Goods
Computer peripherals
175.33
200.36
25.03
364
840
Emmbi Polyarns Ltd
Plastics & Polymers
Sacks & bags
53.96
77.67
23.71
166
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
20010-11 2010-11
66%
5.02
7.45
0.97
2.03
1.06
109%
1.86
2.29
0.43%
23%
2%
2%
18%
14.3
14.33
12.91
13.51
0.60
5%
20.90
17.78
-3.12%
-15%
21%
19%
16%
35.95
10.88
32.32
6.44
-25.88
-80%
8.45
10.94
2.49%
29%
64%
11%
8%
29.11
29.66
10.27
10.85
0.58
6%
4.90
4.75
-0.15%
-3%
5%
5%
13%
0.86
1.99
0.33
1.41
1.08
327%
3.37
13.17
9.80%
291%
3%
13%
52%
1.28
2.29
0.17
0.77
0.6
353%
3.86
8.11
4.25%
110%
2%
7%
67%
15.69
18.23
5.70
6.01
0.31
5%
10.74
7.26
-3.48%
-32%
11%
7%
56%
2.79
5.14
0.23
1.34
1.11
483%
0.60
2.19
1.59%
265%
1%
2%
35%
17.60
19.71
5.72
6.40
0.68
12%
4.59
3.64
-0.95%
-21%
4%
4%
65%
1.26
3.65
0.09
1.15
1.06
1178%
0.21
1.62
1.41%
671%
0%
2%
75%
5.87
9.59
3.21
4.33
1.12
35%
13.08
10.03
-3.05%
-23%
13%
10%
23%
3.71
5.14
1.21
2.43
1.22
101%
3.45
5.10
1.65%
48%
4%
6%
9%
21.87
23.08
7.36
7.81
0.45
6%
8.47
8.47
0.00%
0%
9%
9%
6%
2.86
4.70
1.23
2.46
1.23
100%
5.13
10.36
5.23%
102%
5%
10%
25%
3.33
4.78
1.15
2.35
1.20
104%
8.77
9.81
1.04%
12%
6%
9%
55%
5.48
8.52
1.78
2.75
0.97
54%
3.43
3.41
-0.02%
-1%
3%
3%
233%
7.12
13.44
4.00
5.61
1.61
40%
6.41
2.70
-3.71%
-58%
6%
3%
58%
3.31
4.90
0.50
1.36
0.86
172%
1.90
3.30
1.40%
74%
2%
3%
0%
33.43
33.43
16.97
16.97
0
0%
15.77
15.77
0.00%
0%
16%
16%
33%
6.17
7.63
4.33
4.65
0.32
7%
8.40
7.82
-0.58%
-7%
9%
8%
35%
6.89
9.40
3.00
4.03
1.03
34%
3.97
3.69
-0.28%
-7%
4%
4%
32%
14.59
16.21
5.46
5.92
0.46
8%
4.32
3.61
-0.71%
-16%
4%
4%
143%
4.89
8.11
2.02
3.37
1.35
67%
1.91
1.32
-0.59%
-31%
2%
1%
63%
3.97
4.88
0.61
1.61
1.00
164%
1.53
2.24
0.71%
46%
2%
3%
69%
-1.14
5.91
-1.62
3.18
4.80
-296%
6.56
4.10
-2.46%
-38%
-2%
2%
1%
24.97
23.50
9.86
11.22
1.36
14%
7.74
7.69
-0.05%
-1%
8%
9%
26%
9.00
10.20
4.73
5.57
0.84
18%
14.62
13.43
-1.19%
-8%
15%
14%
15%
25.99
25.89
8.00
8.12
0.12
1%
4.00
3.95
-0.05%
-1%
5%
5%
34%
14.09
16.69
11.57
10.75
-0.82
-7%
10.07
6.98
-3.09%
-31%
10%
7%
23%
3.22
4.32
1.75
2.44
0.69
39%
7.78
9.05
1.27%
16%
8%
9%
23%
14.3
15.21
3.51
4.48
0.97
28%
3.68
3.66
-0.02%
-1%
3%
4%
15%
41.3
40.33
21.76
20.51
-1.25
-6%
18.77
15.44
-3.33%
-18%
19%
15%
14%
37.06
29.70
17.86
16.56
-1.30
-7%
9.54
7.93
-1.61%
-17%
10%
8%
44%
5.76
7.36
1.77
2.57
0.80
45%
3.26
3.37
0.11%
3%
3%
3%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
167
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
365
0
India Denim Ltd
Clothing and Textile
Cotton yarn
34.57
53.66
19.09
366
250
Dynemic Products Ltd
Chemicals & Petroleum Products
Chemicals
63.62
64.92
1.30
367
0
Delta Magnets Ltd
Electrical Equipment
Hard ferrites
10.11
13.75
3.64
368
0
Mahindra Gujarat Tractor Ltd
Auto
Tractors
75.89
86.86
10.97
369
446
Inducto Steel Ltd
Non Ferrous Metals
Other base materials
40.11
64.23
24.12
218.62
287.80
69.18
370
301
Anu'S Laboratories Ltd
Pharmaceuticals
Drugs, medicines & allied products
371
76
Om Metals Infraprojects Ltd
Metal Products
Other fabricated metal products
202.18
236.31
34.13
372
0
Reliance Jute Mills (International) Ltd
Clothing and Textile
Jute & jute products
156.51
267.61
111.10
373
230
Salzer Electronics Ltd
Electrical & Electronic Goods
Rotary switches
196.11
199.38
3.27
374
0
Quantum Knits Pvt Ltd
Clothing and Textile
Apparels (Readymade garment)
62.79
173.56
110.77
249.38
271.34
21.96
375
350
Clutch Auto Ltd
Automobile ancillaries
Drive transmission & steering parts
376
321
Sundaram Brake Linings Ltd
Automobile ancillaries
Brake linings
211.92
254.11
42.19
377 1234
I M P Powers Ltd
Electrical Equipment
Distribution transformers
208.57
272.92
64.35
378
519
Prasol Chemicals Ltd
Chemicals & Petroleum Products
Phosphorous
115.45
143.72
28.27
379
385
Precision Seals Mfg Ltd
Rubber Products
Rubber & rubber products
31.34
41.10
9.76
380 1014
Laffans Petrochemicals Ltd
Chemicals & Petroleum Products
Ethylene glycols
226.16
281.47
55.31
381
0
Century Flour Mills Ltd
Food Products
Maida
79.35
85.86
6.51
382
0
Rishi Consfab Pvt Ltd
Metal Products
Other fabricated metal products
19.75
40.73
20.98
383
0
Chromatic India Ltd
Chemicals & Petroleum Products
Dyes
16.42
105.24
88.82
384
0
Vaishno International Pvt Ltd
Clothing and Textile
Cotton yarn
2.21
58.55
56.34
385 1065
Anjani Synthetics Ltd
Clothing and Textile
Cloth (Fabrics)
222.19
286.04
63.85
386
867
Uni Abex Alloy Products Ltd
Metal Products
Tubes & pipes
69.44
55.79
-13.65
387
89
Anuh Pharma Ltd
Pharmaceuticals
Antibiotics
176.54
189.39
12.85
388
680
Fineotex Chemical Ltd
Chemicals & Petroleum Products
Chemicals
22.08
30.61
8.53
389
195
Hitech Plast Ltd
Plastics & Polymers
Reservoirs, tanks, etc
174.12
226.45
52.33
390
910
Cenlub Industries Ltd
Machinery & Equipment
Hand pumps
19.64
30.07
10.43
391
151
Simran Farms Ltd
Food Products
Poultry
136.8
165.99
29.19
392
723
Magna Electro Castings Ltd
Metal Products
Steel castings
41.31
64.90
23.59
Remi Elektrotechnik Ltd
Electrical & Electronic Goods
Scientific & laboratory instruments
61.50
78.49
16.99
394 1007
Amrutanjan Health Care Ltd
Pharmaceuticals
Ayurvedic & unani medicaments
93.92
108.01
14.09
395 1417
Kothari Fermentation & Biochem Ltd
Food Products
Yeasts
19.08
24.80
5.72
396 1145
Betex India Ltd
Clothing and Textile
Cloth processed
19.84
29.98
10.14
397
Warren Tea Ltd
Food Products
Tea
200.53
210.05
9.52
Acknit Industries Ltd
Clothing and Textile
Gloves, mittens, etc
43.78
65.41
21.63
393
591
56
398 1497
168
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
55%
4.57
8.56
0.45
1.35
0.90
200%
1.36
2.51
1.15%
85%
1%
3%
2%
11.09
11.56
4.80
5.71
0.91
19%
7.57
8.60
1.03%
14%
8%
9%
36%
1.19
1.99
0.13
0.84
0.71
546%
1.41
5.89
4.48%
318%
1%
6%
14%
5.27
6.69
3.02
3.91
0.89
29%
3.62
4.26
0.64%
18%
4%
5%
60%
5.28
6.85
3.00
3.75
0.75
25%
6.63
5.43
-1.20%
-18%
7%
6%
32%
36.95
42.01
17.95
13.19
-4.76
-27%
9.58
5.95
-3.63%
-38%
8%
5%
17%
56.27
67.75
32.44
28.64
-3.80
-12%
15.37
8.91
-6.46%
-42%
16%
12%
71%
2.65
11.89
-1.76
3.06
4.82
-274%
1.64
0.93
-0.71%
-43%
-1%
1%
2%
24.54
27.01
8.28
9.05
0.77
9%
4.21
4.53
0.32%
8%
4%
5%
176%
0.55
2.60
0.25
0.95
0.70
280%
0.40
0.53
0.13%
33%
0%
1%
9%
39.64
43.46
8.40
8.77
0.37
4%
3.36
3.23
-0.13%
-4%
3%
3%
20%
16.77
17.32
6.17
6.30
0.13
2%
5.97
5.17
-0.80%
-13%
3%
2%
31%
21.91
26.11
4.59
2.78
-1.81
-39%
2.19
2.64
0.45%
21%
2%
1%
24%
11.55
11.83
5.39
5.69
0.30
6%
4.24
3.82
-0.42%
-10%
5%
4%
31%
12.09
13.14
6.23
6.66
0.43
7%
19.44
15.90
-3.54%
-18%
20%
16%
24%
11.19
12.55
3.30
3.99
0.69
21%
1.49
1.43
-0.06%
-4%
1%
1%
8%
7.55
9.90
2.48
3.68
1.20
48%
3.14
4.28
1.14%
36%
3%
4%
106%
2.42
4.45
0.20
0.92
0.72
360%
1.01
2.23
1.22%
121%
1%
2%
541%
0.70
4.21
0.16
0.92
0.76
475%
0.36
0.53
0.17%
47%
1%
1%
2549%
0.01
3.73
0.01
0.67
0.66
6600%
0.45
1.14
0.69%
153%
0%
1%
29%
12.63
14.38
2.42
3.13
0.71
29%
1.13
1.10
-0.03%
-3%
1%
1%
-20%
14.89
14.08
7.76
7.95
0.19
2%
10.63
12.64
2.01%
19%
11%
14%
7%
19.86
19.63
12.85
12.38
-0.47
-4%
6.73
6.39
-0.34%
-5%
7%
7%
39%
5.51
6.48
3.50
4.24
0.74
21%
16.09
13.71
-2.38%
-15%
16%
14%
30%
28.74
31.02
13.75
11.85
-1.90
-14%
7.86
5.15
-2.71%
-34%
8%
5%
53%
2.64
3.78
1.19
1.78
0.59
50%
6.09
6.17
0.08%
1%
6%
6%
21%
6.40
6.92
3.41
3.99
0.58
17%
2.50
2.55
0.05%
2%
2%
2%
57%
11.00
12.04
3.11
3.76
0.65
21%
7.84
5.93
-1.91%
-24%
8%
6%
28%
6.29
6.66
2.66
2.85
0.19
7%
2.86
3.51
0.65%
23%
4%
4%
15%
23.54
25.64
11.81
10.68
-1.13
-10%
9.49
8.70
-0.79%
-8%
13%
10%
30%
2.12
3.09
0.78
1.40
0.62
79%
3.72
5.64
1.92%
52%
4%
6%
51%
2.41
3.07
0.64
1.23
0.59
92%
3.16
4.24
1.08%
34%
3%
4%
5%
44.27
42.40
22.27
20.6
-1.67
-7%
10.79
9.49
-1.30%
-12%
11%
10%
49%
4.27
6.18
0.87
1.48
0.61
70%
1.79
2.43
0.64%
36%
2%
2%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
169
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
399
450
Stylam Industries Ltd
Plastics & Polymers
Sheets, films, etc of plastic, not reinforced
66.48
86.34
19.86
400
566
Patels Airtemp (India) Ltd
Machinery & Equipment
Heat exchangers
75.81
83.40
7.59
401
0
Trio Elevators Pvt Ltd
Machinery & Equipment
Lifts & elevators
15.67
19.55
3.88
402
804
Katare Spinning Mills Ltd
Clothing and Textile
Cotton yarn
35.97
48.24
12.27
403
286
Alkyl Amines Chemicals Ltd
Chemicals & Petroleum Products
Other amine function compounds
235.42
258.73
23.31
404
44
Rossell India Ltd
Food Products
Tea
78.09
77.75
-0.34
405
239
G E E Ltd
Electrical Equipment
Welding machinery
137.37
158.93
21.56
406
616
Jasch Industries Ltd
Clothing and Textile
Coated / laminated textile fabrics
70.45
82.53
12.08
407
0
Sunraj Diamond Exports Ltd
Gems & Jewellery
Diamonds
34.3
54.87
20.57
177.96
203.40
25.44
415
Caprihans India Ltd
Plastics & Polymers
Sheets, films, etc of plastic, not reinforced
409 1170
Mepco Industries Ltd
Chemicals & Petroleum Products
Potassium chlorate
29.00
36.00
7.00
410
0
Strapex India Ltd
Machinery & Equipment
Packaging machinery
14.4
20.10
5.70
411
0
Goa Formulations Ltd
Pharmaceuticals
IV fluids
17.01
19.77
2.76
412
815
Makers Laboratories Ltd
Pharmaceuticals
Drug formulations
49.47
57.70
8.23
413
0
Lekar Pharma Ltd
Pharmaceuticals
Drug formulations
25.86
28.70
2.84
414 1334
Trident Sugars Ltd
Food Products
Sugar
62.90
128.44
65.54
415
Arex Industries Ltd
Clothing and Textile
Textile labels, badges, etc
21.93
25.40
3.47
168.78
201.88
33.10
408
848
416
0
Kopran Ltd
Pharmaceuticals
Drugs, medicines & allied products
417
422
T Stanes & Co Ltd
Diversified Manufacturing
Diversified
162.2
183.64
21.44
418
577
Anil Special Steel Inds Ltd
Metal Products
Cold rolled coils, strips, sheets
114.07
137.79
23.72
419 1403
Nagpur Power & Inds Ltd
Iron & Steel
Ferro alloys
12.60
12.01
-0.59
420 1489
J K Talabot Ltd
Metal Products
Files
17.73
21.67
3.94
421
584
J S L Industries Ltd
Electrical Equipment
Generators, transformers & switchgears
38.41
51.67
13.26
422
0
Kanoria Plaschem Ltd
Plastics & Polymers
Plastic injection moulding items
10.38
16.49
6.11
112.13
132.72
20.59
423
393
G S Auto International Ltd
Metal Products
Screws, bolts, nuts, rivets, washers, etc
424
911
Kanpur Plastipack Ltd
Plastics & Polymers
Sacks & bags
102.65
121.14
18.49
425
0
G V D Textiles Pvt Ltd
Clothing and Textile
Cotton yarn
25.75
39.28
13.53
85.68
90.17
4.49
426
677
Mazda Ltd
Electrical & Electronic Goods
Domestic appliances (Electro-mechanical)
427
0
Stone India Ltd
Auto
Railway & tramway equipment
101.65
100.65
-1.00
428
890
Arcee Ispat Udyog Ltd
Metal Products
Tubes & pipes
227.61
272.17
44.56
429
0
Pondy Oxides & Chemicals Ltd
Chemicals & Petroleum Products
Zinc oxide
159.23
271.06
111.83
430 1339
R T S Power Corpn Ltd
Electrical Equipment
Transformers
109.84
146.76
36.92
431
973
Ortin Laboratories Ltd
Pharmaceuticals
Provitamins & vitamins
31.40
67.52
36.12
432
930
Amalgamations Repco Ltd
Automobile ancillaries
Clutch plates/discs
80.28
104.92
24.64
170
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
30%
7.10
8.28
3.00
3.76
0.76
25%
4.47
4.11
-0.36%
-8%
5%
4%
10%
16.16
16.4
8.68
8.87
0.19
2%
11.30
10.44
-0.86%
-8%
11%
11%
25%
1.30
2.11
0.42
1.13
0.71
169%
2.34
5.72
3.38%
144%
3%
6%
34%
3.06
3.75
1.09
1.61
0.52
48%
2.22
3.36
1.14%
51%
3%
3%
10%
36.57
35.48
10.04
10.40
0.36
4%
4.23
3.44
-0.79%
-19%
4%
4%
0%
29.14
27.46
19.31
19.27
-0.04
0%
24.84
24.42
-0.42%
-2%
25%
25%
16%
17.01
19.45
9.26
9.21
-0.05
-1%
6.84
5.77
-1.07%
-16%
7%
6%
17%
6.78
8.51
1.85
2.76
0.91
49%
2.67
3.39
0.72%
27%
3%
3%
60%
0.61
2.13
0.13
0.85
0.72
554%
0.38
1.66
1.28%
337%
0%
2%
14%
14.43
14.91
5.02
7.42
2.40
48%
4.31
3.10
-1.21%
-28%
3%
4%
24%
5.60
6.04
2.67
3.20
0.53
20%
8.96
8.83
-0.13%
-1%
9%
9%
40%
0.96
1.72
0.64
1.19
0.55
86%
4.34
5.60
1.26%
29%
4%
6%
16%
3.38
4.10
0.67
1.41
0.74
110%
3.93
7.12
3.19%
81%
4%
7%
17%
6.08
6.87
2.80
3.45
0.65
23%
5.79
5.93
0.14%
2%
6%
6%
11%
2.67
3.81
1.74
2.58
0.84
48%
7.40
8.55
1.15%
16%
7%
9%
104%
13.13
13.65
2.83
3.35
0.52
18%
4.45
2.80
-1.65%
-37%
4%
3%
16%
8.19
10.72
0.97
1.83
0.86
89%
4.33
6.18
1.85%
43%
4%
7%
20%
28.08
25.29
9.97
5.40
-4.57
-46%
0.95
1.49
0.54%
57%
6%
3%
13%
13.82
14.69
6.80
6.78
-0.02
0%
3.98
3.83
-0.15%
-4%
4%
4%
21%
12.74
11.37
2.14
3.05
0.91
43%
1.87
2.03
0.16%
9%
2%
2%
-5%
10.74
7.21
5.54
4.39
-1.15
-21%
21.70
34.11
12.41%
57%
44%
37%
22%
3.99
4.85
0.60
1.43
0.83
138%
4.66
6.28
1.62%
35%
3%
7%
35%
2.83
3.40
1.40
1.98
0.58
41%
3.60
3.88
0.28%
8%
4%
4%
59%
0.61
2.07
0.01
1.03
1.02
10200%
0.10
1.15
1.05%
1050%
0%
6%
18%
8.73
9.09
4.05
4.53
0.48
12%
3.61
3.42
-0.19%
-5%
4%
3%
18%
9.09
10.66
2.71
3.04
0.33
12%
2.49
2.87
0.38%
15%
3%
3%
53%
2.09
3.50
0.43
1.17
0.74
172%
1.67
2.43
0.76%
46%
2%
3%
5%
16.63
28.49
9.61
18.90
9.29
97%
11.25
5.69
-5.56%
-49%
11%
21%
-1%
16.39
12.45
4.41
4.56
0.15
3%
0.39
3.53
3.14%
805%
4%
5%
20%
8.17
9.67
0.53
1.29
0.76
143%
0.26
0.48
0.22%
85%
0%
0%
70%
13.65
16.80
5.72
5.52
-0.20
-3%
3.60
2.05
-1.55%
-43%
4%
2%
34%
9.04
11.14
1.51
2.01
0.50
33%
1.37
1.46
0.09%
7%
1%
1%
115%
1.72
4.23
0.82
1.62
0.80
98%
2.67
2.50
-0.17%
-6%
3%
2%
31%
3.39
4.63
0.82
1.60
0.78
95%
1.02
1.41
0.39%
38%
1%
2%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
171
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
433
0
Duropack Ltd
Plastics & Polymers
Other sheets, films & foils of plastics
7.14
10.04
2.90
434
552
Fluidomat Ltd
Electrical Equipment
Electro-magnetic couplings
19.27
22.52
3.25
435 1533
Oswal Knit India Ltd
Clothing and Textile
Textiles
61.78
84.13
22.35
436
136
Linc Pen & Plastics Ltd
Plastics & Polymers
Pens
225.45
252.19
26.74
437
101
Shree Hanuman Sugar & Inds Ltd
Food Products
Sugar
32.29
32.29
0
438 1461
Natraj Proteins Ltd
Food Products
Oil cakes & meals
133.10
189.59
56.49
439
349
Diana Tea Co Ltd
Food Products
Tea
53.59
62.68
9.09
440
65
M K Shah Exports Ltd
Food Products
Tea
184.08
191.70
7.62
441
0
Tijaria Polypipes Ltd
Plastics & Polymers
HDPE pipes
110.82
118.97
8.15
442 1003
Haldiram Bhujiawala Ltd
Food Products
Instant & semi-processed foods
70.66
96.12
25.46
443
658
Multimetals Ltd
Non Ferrous Metals
Copper tubes & pipes
134.19
162.22
28.03
444
665
National Plastic Technologies Ltd
Plastics & Polymers
Plastic injection moulding items
55.45
66.36
10.91
445
845
Group Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
51.49
61.01
9.52
446
655
Kilitch Drugs (India) Ltd
Pharmaceuticals
Drug formulations
142.65
146.00
3.35
447
805
Chemfab Alkalis Ltd
Chemicals & Petroleum Products
Sodium hydroxide (Caustic Soda)
94.08
87.52
-6.56
448
425
Malankara Plantations Ltd
Diversified Manufacturing
Diversified
22.76
25.94
3.18
70.74
78.05
7.31
191.16
282.37
91.21
449
932
Shivalik Agro Poly Products Ltd
Plastics & Polymers
450
522
Torrent Cables Ltd
Wires & Cables
Biaxially oriented polypropylene (BOPP) film Cross linked polyethylene cables (XLPE)
451
0
Nilachal Iron & Power Ltd
Iron & Steel
Sponge iron
128.62
138.97
10.35
112.55
131.79
19.24
452
878
Mangalam Drugs & Organics Ltd
Pharmaceuticals
Drugs, medicines & allied products
453
305
Eurocoustic Products Ltd
Metal Products
Metal furnitures & fixtures
30.28
38.32
8.04
454 1369
Ruttonsha International Rectifier Ltd
Electrical & Electronic Goods
Semiconductor devices
21.80
28.25
6.45
455 1017
Acrysil Ltd
Plastics & Polymers
Tableware, kitchenware, other household articles
47.13
56.07
8.94
456
Swiss Glascoat Equipments Ltd
Machinery & Equipment
Other chemical machinery
48.92
57.57
8.65
72.93
87.58
14.65
66.92
63.59
-3.33
155.87
186.31
30.44
764
457
0
E P C Industrie Ltd
Plastics & Polymers
458
763
Oricon Enterprises Ltd
Metal Products
459
80
Merino Panel Products Ltd
Plastics & Polymers
Tubes, pipes & hoses of poly vinyl chloride Stoppers, caps & lids (including crown caps) Sheets, films, etc of plastic, not reinforced
460
0
Priya Ltd
Electrical & Electronic Goods
Computer components
192.18
220.60
28.42
461 1171
Ashiana Ispat Ltd
Metal Products
Bars & rods
209.36
284.10
74.74
462 1182
Phyto Chem (India) Ltd
Chemicals & Petroleum Products
Pesticides
17.34
33.67
16.33
463
0
Inarco Ltd
Rubber Products
Rubber aprons
44.26
55.42
11.16
464
0
Piccadily Sugar & Allied Inds Ltd
Food Products
Liquors
36.91
26.32
-10.59
465
336
Siemens Healthcare Diagnostics Ltd
Electrical & Electronic Goods
Medical equipment
177.92
177.92
0
466
0
Threads (India) Ltd
Clothing and Textile
Sewing thread of man-made filaments
62.63
80.51
17.88
172
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
41%
3.73
2.68
2.76
1.37
-1.39
-50%
1.95
4.87
2.92%
150%
39%
14%
17%
3.49
3.96
1.92
2.31
0.39
20%
9.90
10.47
0.57%
6%
10%
10%
36%
4.12
5.88
0.12
0.90
0.78
650%
0.21
1.03
0.82%
390%
0%
1%
12%
16.32
16.36
8.40
8.40
0
0%
3.82
3.31
-0.51%
-13%
4%
3%
0%
11.76
11.76
9.31
9.31
0
0%
28.83
28.83
0.00%
0%
29%
29%
42%
4.15
5.73
1.42
1.67
0.25
18%
0.71
0.74
0.03%
4%
1%
1%
17%
11.05
11.80
7.07
7.16
0.09
1%
13.53
11.28
-2.25%
-17%
13%
11%
4%
41.35
36.36
32.48
21.74
-10.74
-33%
12.86
10.81
-2.05%
-16%
18%
11%
7%
13.68
13.94
6.73
6.90
0.17
3%
6.05
5.75
-0.30%
-5%
6%
6%
36%
4.86
6.19
1.16
1.85
0.69
59%
1.82
1.93
0.11%
6%
2%
2%
21%
11.51
14.88
4.44
4.75
0.31
7%
3.18
2.77
-0.41%
-13%
3%
3%
20%
8.56
9.77
2.30
2.82
0.52
23%
3.83
4.00
0.17%
4%
4%
4%
18%
4.33
5.55
1.34
2.24
0.90
67%
3.07
3.67
0.60%
20%
3%
4%
2%
24.11
22.61
10.47
10.46
-0.01
0%
7.55
7.15
-0.40%
-5%
7%
7%
-7%
19.54
19.82
7.22
9.67
2.45
34%
8.31
7.53
-0.78%
-9%
8%
11%
14%
8.07
9.25
5.62
6.04
0.42
7%
24.13
22.69
-1.44%
-6%
25%
23%
10%
8.65
10.23
5.76
6.03
0.27
5%
8.59
7.81
-0.78%
-9%
8%
8%
48%
15.74
19.08
10.50
6.87
-3.63
-35%
3.63
2.25
-1.38%
-38%
5%
2%
8%
12.37
16.14
3.94
3.99
0.05
1%
1.89
2.63
0.74%
39%
3%
3%
17%
11.14
13.15
1.29
2.09
0.80
62%
1.14
1.58
0.44%
39%
1%
2%
27%
6.25
6.64
3.73
4.04
0.31
8%
12.06
10.11
-1.95%
-16%
12%
11%
30%
4.22
4.57
1.02
1.48
0.46
45%
4.68
5.24
0.56%
12%
5%
5%
19%
12.01
12.23
5.91
6.06
0.15
3%
12.61
10.24
-2.37%
-19%
13%
11%
18%
6.52
8.14
2.40
2.71
0.31
13%
4.60
4.84
0.24%
5%
5%
5%
20%
7.84
9.14
0.95
1.44
0.49
52%
0.79
1.92
1.13%
143%
1%
2%
-5%
19.69
23.24
9.56
9.17
-0.39
-4%
11.83
12.04
0.21%
2%
14%
14%
20%
30.24
24.31
14.46
10.99
-3.47
-24%
8.42
5.51
-2.91%
-35%
9%
6%
15%
7.48
8.33
1.12
2.00
0.88
79%
0.62
0.81
0.19%
31%
1%
1%
36%
8.48
8.80
2.06
2.3
0.24
12%
1.01
0.81
-0.20%
-20%
1%
1%
94%
1.10
2.99
0.13
0.58
0.45
346%
0.69
1.71
1.02%
148%
1%
2%
25%
3.85
5.02
1.48
2.20
0.72
49%
3.66
3.70
0.04%
1%
3%
4%
-29%
5.80
5.63
2.68
2.82
0.14
5%
7.19
10.68
3.49%
49%
7%
11%
0%
45.81
45.81
9.68
9.68
0
0%
5.07
5.07
0.00%
0%
5%
5%
29%
10.40
12.41
3.79
4.22
0.43
11%
7.38
5.26
-2.12%
-29%
6%
5%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
173
NET SALES (Rs Crore)
INDUSTRIAL ACTIVITY
INDUSTRY SECTOR
2012 2011 Change
467
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
Lamina Foundries Ltd
Metal Products
Cast iron castings
38.83
63.12
24.29
468 1420
Sakthi Auto Ancillary Pvt Ltd
Automobile ancillaries
Auto castings
48.00
84.98
36.98
469
270
Assam Company India Ltd
Food Products
Tea
230.69
225.36
-5.33
470
0
Deesan Agro-Tech Ltd
Food Products
Soyabean oil cake
211.04
239.51
28.47
471 1521
Ador Powertron Ltd
Electrical Equipment
Rectifiers
74.07
83.43
9.36
472
0
Metal Link Alloys Ltd
Iron & Steel
Semi-finished Steel
184.51
224.60
40.09
473
0
Bhoruka Aluminium Ltd
Non Ferrous Metals
Other aluminium products
137.13
163.42
26.29
474 1529
Jumbo Bag Ltd
Plastics & Polymers
Sacks & bags
67.48
103.37
35.89
475
Ritesh International Ltd
Chemicals & Petroleum Products
Stearic acid
13.16
23.31
10.15
153.64
191.63
37.99
0
0
476
541
Fenoplast Ltd
Plastics & Polymers
Other sheets, films & foils of plastics
477
771
Natural Capsules Ltd
Pharmaceuticals
Empty capsules
29.00
34.14
5.14
478
361
Sicgil India Ltd
Chemicals & Petroleum Products
Carbon dioxide
40.63
46.69
6.06
479
0
Eaton Fluid Power Ltd
Diversified Manufacturing
Diversified
158.39
223.17
64.78
480
0
Andrew Yule & Co Ltd
Food Products
Tea
198.66
249.60
50.94
481 1480
Teesta Agro Inds Ltd
Chemicals & Petroleum Products
Single superphosphate
59.56
88.75
29.19
482
641
Euro Fashion Inners Intl Pvt Ltd
Clothing and Textile
Apparels - knitted / crocheted
30.97
34.34
3.37
483
775
Flex Art Foil Pvt Ltd
Non Ferrous Metals
Aluminium foils
93.51
113.56
20.05
484
480
Bombay Oxygen Corpn Ltd
Chemicals & Petroleum Products
Hydrogen, rare & other gases
41.25
45.83
4.58
485 1062
Bhuruka Gases Ltd
Chemicals & Petroleum Products
Oxygen
46.01
53.30
7.29
486
0
Karur K C P Packkagings Ltd
Paper & Wood Products
Paper, newsprint & paper board
238.37
272.65
34.28
487
279
Perfect Circle India Ltd
Automobile ancillaries
Piston rings
83.90
112.29
28.39
488
912
Accurate Transformers Ltd
Electrical Equipment
Transformers
194.65
230.33
35.68
489
682
Tirupati Foam Ltd
Rubber Products
Rubber foam
55.09
68.75
13.66
490 1502
Titan Timeproducts Ltd
Electrical & Electronic Goods
Integrated circuits
15.51
24.57
9.06
491
354
A M D Industries Ltd
Metal Products
Crown caps
112.08
137.46
25.38
492
0
Karuturi Global Ltd
Diversified Manufacturing
Diversified
28.09
31.79
3.70
493
559
Lincoln Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
124.38
176.93
52.55
494
25
Poddar Pigments Ltd
Chemicals & Petroleum Products
Synthetic colouring substances
162.41
200.55
38.14
495
110
Camphor & Allied Products Ltd
Chemicals & Petroleum Products
Chemicals
179.22
235.05
55.83
496
0
Genau Extrusions Ltd
Automobile ancillaries
Automobile ancillaries
18.71
31.27
12.56
497 1213
Golkunda Diamonds & Jewellery Ltd
Gems & Jewellery
Diamonds
81.56
102.06
20.50
498
284
D H P India Ltd
Machinery & Equipment
Other valves
18.45
23.44
4.99
499
0
Spectrum Infotech Pvt Ltd
Electrical & Electronic Goods
Electronic components
9.42
25.94
16.52
500
153
N C L Alltek & Seccolor Ltd
Diversified Manufacturing
Diversified
118.48
137.31
18.83
174
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
63%
4.06
5.05
0.18
0.63
0.45
250%
0.46
0.99
0.53%
115%
0%
1%
77%
4.84
6.69
0.97
1.36
0.39
40%
1.62
1.58
-0.04%
-2%
2%
2%
-2%
97.55
76.58
20.17
9.89
-10.28
-51%
3.11
4.42
1.31%
42%
9%
4%
13%
5.51
8.01
1.99
2.46
0.47
24%
0.86
1.00
0.14%
16%
1%
1%
13%
4.78
6.67
0.90
1.91
1.01
112%
1.20
2.14
0.94%
78%
1%
2%
22%
11.37
13.44
3.17
2.98
-0.19
-6%
1.70
1.72
0.02%
1%
2%
1%
19%
14.95
14.50
0.74
1.43
0.69
93%
0.59
0.89
0.30%
51%
1%
1%
53%
5.77
6.74
0.61
0.64
0.03
5%
0.12
0.48
0.36%
300%
1%
1%
77%
1.04
1.26
0.44
0.61
0.17
39%
1.03
2.52
1.49%
145%
3%
3%
25%
16.06
15.68
2.20
2.49
0.29
13%
1.32
1.29
-0.03%
-2%
1%
1%
18%
8.34
9.36
4.27
4.47
0.20
5%
14.48
13.00
-1.48%
-10%
15%
13%
15%
9.86
11.32
4.78
6.64
1.86
39%
9.05
6.10
-2.95%
-33%
12%
14%
41%
28.08
22.72
17.26
8.50
-8.76
-51%
7.57
3.51
-4.06%
-54%
11%
4%
26%
110.71
63.75
75.38
41.32
-34.06
-45%
18.99
1.40
-17.59%
-93%
38%
17%
49%
2.80
3.04
0.54
0.94
0.40
74%
0.87
1.09
0.22%
25%
1%
1%
11%
1.96
2.98
1.04
1.68
0.64
62%
3.35
4.89
1.54%
46%
3%
5%
21%
18.83
16.82
11.84
9.40
-2.44
-21%
12.62
8.19
-4.43%
-35%
13%
8%
11%
8.75
8.84
4.07
4.15
0.08
2%
8.78
8.59
-0.19%
-2%
10%
9%
16%
12.53
14.55
2.93
3.29
0.36
12%
5.34
5.22
-0.12%
-2%
6%
6%
14%
52.96
51.31
8.20
7.67
-0.53
-6%
3.35
2.68
-0.67%
-20%
3%
3%
34%
16.49
17.15
7.18
5.90
-1.28
-18%
7.85
5.19
-2.66%
-34%
9%
5%
18%
22.56
26.53
6.21
5.97
-0.24
-4%
3.19
2.58
-0.61%
-19%
3%
3%
25%
4.12
5.33
2.06
2.44
0.38
18%
3.62
3.55
-0.07%
-2%
4%
4%
58%
1.14
1.99
0.34
0.73
0.39
115%
2.16
2.98
0.82%
38%
2%
3%
23%
25.45
26.68
6.54
5.77
-0.77
-12%
5.11
4.07
-1.04%
-20%
6%
4%
13%
14.95
14.54
8.78
9.91
1.13
13%
29.96
17.97
-11.99%
-40%
31%
31%
42%
11.63
12.82
5.77
4.03
-1.74
-30%
4.88
3.38
-1.50%
-31%
5%
2%
23%
20.66
18.44
14.19
9.55
-4.64
-33%
8.17
4.59
-3.58%
-44%
9%
5%
31%
20.12
15.23
10.24
7.65
-2.59
-25%
5.70
3.05
-2.65%
-46%
6%
3%
67%
3.03
3.60
0.28
0.68
0.40
143%
1.48
2.15
0.67%
45%
1%
2%
25%
4.43
5.50
0.51
1.02
0.51
100%
0.61
1.03
0.42%
69%
1%
1%
27%
4.76
5.42
2.29
2.60
0.31
14%
12.48
11.06
-1.42%
-11%
12%
11%
175%
2.99
4.19
1.66
2.17
0.51
31%
17.01
8.29
-8.72%
-51%
18%
8%
16%
22.94
19.39
12.09
9.32
-2.77
-23%
9.96
6.80
-3.16%
-32%
10%
7%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
175
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
501
0
J K Agri Genetics Ltd
Chemicals & Petroleum Products
Pesticides
113.83
120.36
6.53
502
0
Bright Brothers Ltd
Plastics & Polymers
Plastic injection moulding items
106.77
139.08
32.31
503 1472
Crest Geartech Pvt Ltd
Automobile ancillaries
Automobile ancillaries
10.97
13.02
2.05
504
Tirupati Inks Ltd
Plastics & Polymers
Polyester film
71.67
98.01
26.34
International Combustion (India) Ltd
Machinery & Equipment
Mining, construction & earth moving machinery
104.31
115.11
10.80
506 1057
Schablona India Ltd
Glass, Ceramics & Refractories
Other ceramic products
36.06
42.01
5.95
507
208
India Carbon Ltd
Chemicals & Petroleum Products
Petroleum coke
155.31
176.36
21.05
508
197
Vadilal Industries Ltd
Food Products
Icecreams & kulfi
187.79
235.98
48.19
Sequent Scientific Ltd
Pharmaceuticals
Drugs, medicines & allied products
253.14
286.51
33.37
510 1119
Divya Jyoti Inds Ltd
Food Products
Soyabean oil cake
158.15
254.97
96.82
511
0
Indfos Industries Ltd
Electrical & Electronic Goods
Temperature controllers
15.66
15.33
-0.33
512
925
Konark Synthetic Ltd
Clothing and Textile
Cloth (Fabrics)
76.36
87.49
11.13
513
0
Bharat Bobbins Ltd
Machinery & Equipment
Textile (incl jute) machinery
5.64
11.49
5.85
514 1562
Asian Fertilizers Ltd
Chemicals & Petroleum Products
Single superphosphate
28.85
39.42
10.57
515
0
Trinity India Ltd
Metal Products
Forgings
66.52
90.78
24.26
516
0
Ucal Polymer Inds Ltd
Rubber Products
Rubber & rubber products
12.58
17.50
4.92
517
0
Multibase India Ltd
Rubber Products
Rubbers
35.64
41.77
6.13
30.18
35.07
4.89
505
509
477 567
16
518
782
John Oakey & Mohan Ltd
Non-metallic Mineral Products
Abrasive powder or grain on a base
519
0
Phoenix International Ltd
Clothing and Textile
Shoe uppers
21.23
26.61
5.38
520 1269
Western India Plywoods Ltd
Paper & Wood Products
Particle boards
89.85
94.84
4.99
521
375
Rajratan Global Wire Ltd
Metal Products
Wires & ropes of iron & steel
160.23
176.86
16.63
522 1357
Dynamic Industries Ltd
Chemicals & Petroleum Products
Dyes
37.77
47.25
9.48
523
Bhagyanagar India Ltd
Non Ferrous Metals
Electrolytic wire bars
189.10
204.98
15.88
524 1358
Premco Global Ltd
Clothing and Textile
Rubberised textile fabrics (elastic tapes)
26.79
36.94
10.15
525
452
Amarawati Tea Co Ltd
Food Products
Tea
32.40
32.34
-0.06
526
623
Prakash Woollen Mills Ltd
Clothing and Textile
Blankets & travelling rugs
44.52
53.42
8.90
65.93
79.53
13.6
630
643
Wires & Fabriks (SA) Ltd
Clothing and Textile
Textile products for technical uses
528 1203
Gagan Polycot India Ltd
Clothing and Textile
Cloth (Fabrics)
39.28
91.95
52.67
69.71
96.50
26.79
527
529
443
Kulkarni Power Tools Ltd
Machinery & Equipment
Machine tools for drilling, boring, milling, etc
530
959
Esvee Precision Components Ltd
Automobile ancillaries
Automobile ancillaries
74.27
67.11
-7.16
531
603
Vamshi Rubber Ltd
Rubber Products
Tyre treads
59.29
72.61
13.32
532
588
Austin Engineering Co Ltd
Machinery & Equipment
Ball bearings
70.56
87.91
17.35
533
617
Canara Workshops Ltd
Automobile ancillaries
Leaf springs (Automotive)
32.15
38.56
6.41
Samrat Forgings Ltd
Metal Products
Forgings
43.62
57.38
13.76
534 1018
176
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11
2009-10
2010-11
RS Crore
6%
16.83
17.01
10.64
10.89
0.25
30%
7.80
8.41
2.80
1.54
19%
0.65
1.39
0.31
37%
6.86
6.77
10%
21.65
17%
PAT/NET SALES
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
2%
8.17
5.46
-2.71%
-33%
9%
9%
-1.26
-45%
2.71
2.93
0.22%
8%
3%
1%
0.71
0.40
129%
2.82
5.45
2.63%
93%
3%
5%
2.49
2.53
0.04
2%
3.08
2.67
-0.41%
-13%
3%
3%
18.39
11.96
10.03
-1.93
-16%
11.00
8.37
-2.63%
-24%
11%
9%
2.74
4.07
0.98
1.72
0.74
76%
3.31
3.86
0.55%
17%
3%
4%
14%
18.37
16.59
11.47
9.18
-2.29
-20%
7.24
5.16
-2.08%
-29%
7%
5%
26%
22.97
27.58
5.75
5.08
-0.67
-12%
2.91
2.04
-0.87%
-30%
3%
2%
13%
71.14
65.69
20.79
15.93
-4.86
-23%
7.98
3.62
-4.36%
-55%
8%
6%
61%
4.10
6.19
0.59
0.66
0.07
12%
0.38
0.33
-0.05%
-13%
0%
0%
-2%
2.68
1.94
1.45
1.35
-0.10
-7%
4.05
8.77
4.72%
117%
9%
9%
15%
7.46
9.76
1.11
1.71
0.60
54%
1.50
2.04
0.54%
36%
1%
2%
104%
1.48
2.37
1.15
1.49
0.34
30%
18.08
12.84
-5.24%
-29%
20%
13%
37%
0.77
1.28
0.33
0.70
0.37
112%
0.87
1.80
0.93%
107%
1%
2%
36%
8.01
9.13
0.20
0.59
0.39
195%
1.03
1.35
0.32%
31%
0%
1%
39%
1.97
3.38
0.60
0.88
0.28
47%
4.76
5.02
0.26%
5%
5%
5%
17%
4.93
5.56
2.69
2.91
0.22
8%
7.52
6.84
-0.68%
-9%
8%
7%
16%
2.16
3.18
0.86
1.38
0.52
60%
3.01
3.88
0.87%
29%
3%
4%
25%
8.84
12.34
0.74
1.09
0.35
47%
3.17
3.83
0.66%
21%
3%
4%
6%
18.26
12.76
3.74
3.07
-0.67
-18%
2.35
3.53
1.18%
50%
4%
3%
10%
22.25
22.15
9.09
8.06
-1.03
-11%
5.72
4.25
-1.47%
-26%
6%
5%
25%
2.46
3.20
0.21
0.71
0.50
238%
0.24
1.51
1.27%
529%
1%
2%
8%
22.71
25.23
13.35
10.19
-3.16
-24%
6.44
4.63
-1.81%
-28%
7%
5%
38%
3.02
4.05
1.05
1.36
0.31
30%
4.05
3.91
-0.14%
-3%
4%
4%
0%
3.72
3.95
1.88
2.24
0.36
19%
5.76
6.60
0.84%
15%
6%
7%
20%
6.63
6.66
1.35
1.67
0.32
24%
2.83
3.16
0.33%
12%
3%
3%
21%
14.94
16.66
4.09
4.35
0.26
6%
4.73
3.48
-1.25%
-26%
6%
5%
134%
0.05
0.19
0.02
0.05
0.03
150%
0.03
0.05
0.02%
67%
0%
0%
38%
13.37
13.05
4.62
3.88
-0.74
-16%
6.82
4.19
-2.63%
-39%
7%
4%
-10%
6.07
6.43
3.30
3.53
0.23
7%
4.44
5.30
0.86%
19%
4%
5%
22%
5.17
5.39
1.95
2.25
0.30
15%
3.28
3.13
-0.15%
-5%
3%
3%
25%
13.40
11.60
7.06
5.52
-1.54
-22%
9.76
6.29
-3.47%
-36%
10%
6%
20%
3.95
3.87
1.16
1.51
0.35
30%
3.62
3.89
0.27%
7%
4%
4%
32%
4.67
5.89
1.23
1.54
0.31
25%
2.82
2.78
-0.04%
-1%
3%
3%
www.industry20.com
Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
177
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
535
0
Hindustan Hardy Spicer Ltd
Automobile ancillaries
Propeller shafts
35.83
49.52
13.69
536
822
M I C Electronics Ltd
Electrical & Electronic Goods
LED displays
231.63
230.16
-1.47
537
0
Gyscoal Alloys Ltd
Iron & Steel
Stainless steel
175.31
218.09
42.78
538
372
Jagsonpal Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
143.19
165.35
22.16
539
697
K A R Mobiles Ltd
Automobile ancillaries
Engine valves
88.00
101.57
13.57
540
456
Gujarat Foils Ltd
Non Ferrous Metals
Aluminium foils
137.32
240.83
103.51
541
886
Surya Shakti Vessels Pvt Ltd
Metal Products
Misc Manufactured Articles
39.56
43.94
4.38
Vacuum Plant & Instruments Mfg Co Ltd
Machinery & Equipment
Industrial machinery
35.85
27.39
-8.46
69.82
90.00
20.18
542 1059 543
819
Raunaq Automotive Components Ltd
Automobile ancillaries
Drive transmission & steering parts
544
0
Autolite (India) Ltd
Automobile ancillaries
Automobile equipment
98.64
116.10
17.46
68.40
82.45
14.05
545
585
Valson Industries Ltd
Clothing and Textile
Textured yarn of synthetic filament yarn
546
138
Gujarat Apollo Inds Ltd
Auto
Other construction machinery
214.16
213.21
-0.95
547
627
Kaira Can Co Ltd
Non Ferrous Metals
Tin container
102.62
118.50
15.88
548
953
Bhagwati Autocast Ltd
Metal Products
Cast iron castings
57.99
70.58
12.59
549 1306
Gujarat Craft Inds Ltd
Diversified Manufacturing
Diversified
28.17
41.10
12.93
550
908
New Chemi Inds Ltd
Chemicals & Petroleum Products
Pesticides
81.51
89.47
7.96
551
0
Sampre Nutritions Ltd
Food Products
Medicated confectionery
4.33
10.41
6.08
Bhartiya International Ltd
Clothing and Textile
Leather apparel & clothing accessories
178.98
168.19
-10.79
553 1243
Antarctic Industries Ltd
Iron & Steel
Semi-finished Steel
50.81
69.82
19.01
554
0
Kanara Wood & Plywood Inds Ltd
Paper & Wood Products
Plywood
26.22
33.01
6.79
555
611
Bambino Agro Inds Ltd
Food Products
Wheat flour
181.00
204.10
23.10
556
0
Amco Saft India Ltd
Electrical & Electronic Goods
Storage batteries
47.36
48.77
1.41
557
0
Orient Beverages Ltd
Food Products
Mineral waters
7.87
11.40
3.53
558 1118
Proseal Closures Ltd
Metal Products
Stoppers, caps & lids
44.99
58.06
13.07
559
0
Shree Parashnath Re-Rolling Mills Ltd
Metal Products
Misc Manufactured Articles
358.36
296.26
-62.10
560
606
Safari Industries (India) Ltd
Plastics & Polymers
Moulded luggage
65.73
76.9
11.17
561
0
H P L India Ltd
Electrical & Electronic Goods
Electric appliances
21.63
35.62
13.99
562 1353
Bhandari Hosiery Exports Ltd
Clothing and Textile
Apparels - knitted / crocheted
86.79
91.87
5.08
563
0
Cantabil Retail India Ltd
Clothing and Textile
Apparels (Readymade garment)
201.83
186.04
-15.79
564
154
I P Rings Ltd
Automobile ancillaries
Piston rings
73.51
87.63
14.12
565 1318
Flex Foods Ltd
Food Products
Mushroom
37.42
45.90
8.48
566 1026
Rexnord Electronics & Controls Ltd
Electrical & Electronic Goods
Instrument cooling fans
23.32
31.00
7.68
567
0
Akzo Nobel Chemicals (India) Ltd
Chemicals & Petroleum Products
Catalysts, reaction initiators
73.25
61.47
-11.78
568
113
Premier Explosives Ltd
Chemicals & Petroleum Products
Industrial explosives
94.96
101.87
6.91
552
413
178
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
38%
1.55
2.10
0.20
0.55
0.35
175%
0.11
0.72
0.61%
555%
1%
1%
-1%
83.35
84.66
53.03
34.2
-18.83
-36%
23.09
14.15
-8.94%
-39%
23%
15%
24%
14.77
14.51
4.92
4.28
-0.64
-13%
2.80
1.96
-0.84%
-30%
3%
2%
15%
16.08
14.79
9.24
7.18
-2.06
-22%
6.44
4.34
-2.10%
-33%
6%
4%
15%
7.66
8.08
2.93
3.13
0.20
7%
3.11
2.88
-0.23%
-7%
3%
3%
75%
9.04
23.01
1.90
1.87
-0.03
-2%
1.45
0.68
-0.77%
-53%
1%
1%
11%
3.59
3.94
1.82
2.10
0.28
15%
4.46
4.66
0.20%
4%
5%
5%
-24%
9.40
7.30
5.53
4.46
-1.07
-19%
15.23
15.73
0.50%
3%
15%
16%
29%
8.69
10.21
2.49
2.60
0.11
4%
3.52
2.85
-0.67%
-19%
4%
3%
18%
6.39
8.01
-0.69
0.70
1.39
-201%
0.40
0.63
0.23%
58%
-1%
1%
21%
6.84
7.13
2.47
2.68
0.21
9%
3.75
3.30
-0.45%
-12%
4%
3%
0%
48.57
37.11
26.93
19.10
-7.83
-29%
12.40
9.42
-2.98%
-24%
13%
9%
15%
8.07
5.23
4.04
1.67
-2.37
-59%
1.53
2.40
0.87%
57%
4%
1%
22%
4.94
6.24
2.17
2.51
0.34
16%
3.89
3.38
-0.51%
-13%
4%
4%
46%
2.16
3.12
0.30
0.63
0.33
110%
1.14
1.53
0.39%
34%
1%
2%
10%
6.93
8.24
2.97
4.04
1.07
36%
3.25
2.66
-0.59%
-18%
4%
5%
140%
1.14
1.31
0.05
0.24
0.19
380%
1.15
2.30
1.15%
100%
1%
2%
-6%
16.26
15.30
5.43
5.54
0.11
2%
3.04
3.30
0.26%
9%
3%
3%
37%
4.53
4.62
2.69
2.63
-0.06
-2%
5.60
3.99
-1.61%
-29%
5%
4%
26%
1.91
2.52
0.38
0.75
0.37
97%
1.37
2.30
0.93%
68%
1%
2%
13%
14.03
17.14
1.63
1.86
0.23
14%
0.90
0.91
0.01%
1%
1%
1%
3%
9.35
8.76
4.60
4.54
-0.06
-1%
9.34
8.73
-0.61%
-7%
10%
9%
45%
2.81
3.36
0.86
1.01
0.15
17%
4.95
4.73
-0.22%
-4%
11%
9%
29%
8.08
8.38
3.53
3.30
-0.23
-7%
7.89
5.62
-2.27%
-29%
8%
6%
-17%
15.10
16.87
1.99
3.21
1.22
61%
0.56
1.07
0.51%
91%
1%
1%
17%
5.57
7.08
1.93
2.65
0.72
37%
2.65
2.34
-0.31%
-12%
3%
3%
65%
13.79
7.12
8.61
4.36
-4.25
-49%
13.70
6.22
-7.48%
-55%
40%
12%
6%
4.82
5.30
0.44
1.42
0.98
223%
0.52
1.23
0.71%
137%
1%
2%
-8%
31.98
28.50
14.68
12.38
-2.30
-16%
7.26
6.58
-0.68%
-9%
7%
7%
19%
13.68
12.69
5.57
4.69
-0.88
-16%
7.49
5.36
-2.13%
-28%
8%
5%
23%
10.93
9.57
3.84
3.44
-0.40
-10%
8.96
7.07
-1.89%
-21%
10%
7%
33%
2.58
2.26
0.31
0.68
0.37
119%
1.44
2.08
0.64%
44%
1%
2%
-16%
18.63
15.84
11.57
9.11
-2.46
-21%
13.87
13.31
-0.56%
-4%
16%
15%
7%
23.39
27.39
5.94
10.02
4.08
69%
6.04
1.37
-4.67%
-77%
6%
10%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
179
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
569
405
G M M Pfaudler Ltd
Machinery & Equipment
Chemical machinery
164.67
155.25
-9.42
570
0
Gufic Biosciences Ltd
Pharmaceuticals
Drugs, medicines & allied products
64.31
73.99
9.68
571
203
N H B Ball & Roller Ltd
Machinery & Equipment
Ball or roller bearings
137.58
137.58
0
572
0
Kansara Bearings Ltd
Machinery & Equipment
Roller bearings
16.11
20.46
4.35
19.99
23.77
3.78
573
542
Pragati Chemicals Ltd
Plastics & Polymers
Amino/phenolic resins & polyurethanes
574
0
Celestial Biolabs Ltd
Pharmaceuticals
Drug formulations
21.53
25.22
3.69
575
0
Sri Ramnarayan Mills Ltd
Clothing and Textile
Cotton yarn
17.13
19.52
2.39
65.71
81.36
15.65
576 1219
Mohindra Fasteners Ltd
Metal Products
Screws, bolts, nuts, rivets, washers, etc
577
Gujarat Automotive Gears Ltd
Automobile ancillaries
Gears including crown wheels
15.11
18.67
3.56
Krishna Ferro Products Ltd
Iron & Steel
Semi-finished Steel
22.80
28.62
5.82
146.07
204.03
57.96
663
578 1027 579
388
Panasonic Home Appliances India Co Ltd
Electrical & Electronic Goods
Domestic appliances (Electro-mechanical)
580
428
Scottish Assam (India) Ltd
Food Products
Tea
17.65
21.17
3.52
581
899
Chordia Food Products Ltd
Food Products
Vegetable / fruit products
34.99
30.60
-4.39
582
0
Wellcome Fisheries Ltd
Food Products
Fish, crustaceans & molluscus
97.68
116.60
18.92
583
353
I F G L Refractories Ltd
Glass, Ceramics & Refractories
Other refractories
190.34
230.78
40.44
584
334
Karnataka Antibiotics & Pharmaceuticals Ltd
Pharmaceuticals
Drug formulations
212.82
210.04
-2.78
585
942
Transpares Ltd
Electrical Equipment
Pressed steel cooling radiators
16.38
19.06
2.68
586
28
Indsil Hydro Power & Manganese Ltd
Iron & Steel
Ferro silico manganese
94.12
93.76
-0.36
19.08
22.55
3.47
587
769
Rasi Electrodes Ltd
Electrical Equipment
Welding electrodes / sticks / wires / fluxes
588
416
I T C Filtrona Ltd
Clothing and Textile
Cigarette filter rods
136.48
141.37
4.89
33.68
45.21
11.53
589
0
Auro Sundaram Ply & Doors Pvt Ltd
Paper & Wood Products
Veneer sheets & sheets of plywood
590
976
Shiva Global Agro Inds Ltd
Chemicals & Petroleum Products
Single superphosphate
89.22
90.74
1.52
591
0
Dunlop India Ltd
Rubber Products
Tyres
179.92
176.01
-3.91
592
0
Waterwings Equipments Pvt Ltd
Machinery & Equipment
Water treatment plants
7.29
14.48
7.19
593
760
Benaka Sponge Iron Pvt Ltd
Metal Products
Flat products
60.41
73.88
13.47
594
0
Suditi Industries Ltd
Clothing and Textile
Cloth processed
30.38
31.01
0.63
595
0
Singer India Ltd
Machinery & Equipment
Sewing machines
112.87
120.29
7.42
596 1006
B D H Industries Ltd
Pharmaceuticals
Drug formulations
30.39
38.39
8.00
597
2
Ponni Sugars (Erode) Ltd
Food Products
Sugar
255.50
281.76
26.26
598
766
Rathi Bars Ltd
Metal Products
Bars & rods
216.85
210.67
-6.18
599 1090
Lactose (India) Ltd
Food Products
Lactose & lactose syrup
24.03
28.04
4.01
600
0
Kothari Sugars & Chemicals Ltd
Food Products
Sugar
350.65
276.54
-74.11
601
0
Elofic Industries Ltd
Automobile ancillaries
Automotive filters
104.32
120.04
15.72
602
51
Majestic Auto Ltd
Auto
Two wheeler
141.87
169.52
27.65
180
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
2009-10
2010-11
2009-10
2010-11
RS Crore
-6%
23.09
21.29
11.06
11.02
-0.04
15%
6.32
6.51
1.23
1.46
0%
21.26
21.26
5.08
27%
1.78
2.32
19%
2.72
17%
PAT/NET SALES
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
0%
6.78
5.51
-1.27%
-19%
7%
7%
0.23
19%
1.65
2.05
0.40%
24%
2%
2%
5.08
0
0%
3.56
3.56
0.00%
0%
4%
4%
0.28
0.56
0.28
100%
1.35
2.70
1.35%
100%
2%
3%
2.86
1.73
1.91
0.18
10%
8.62
7.94
-0.68%
-8%
9%
8%
4.49
7.24
2.34
2.42
0.08
3%
10.72
9.55
-1.17%
-11%
11%
10%
14%
3.55
4.06
1.02
1.29
0.27
26%
5.96
6.13
0.17%
3%
6%
7%
24%
10.26
10.74
2.02
2.14
0.12
6%
3.10
2.72
-0.38%
-12%
3%
3%
24%
2.66
8.17
1.34
5.90
4.56
340%
9.21
3.38
-5.83%
-63%
9%
32%
26%
3.44
5.59
1.26
1.49
0.23
18%
5.60
5.20
-0.40%
-7%
6%
5%
40%
6.59
7.95
1.93
1.79
-0.14
-7%
1.35
0.80
-0.55%
-41%
1%
1%
20%
4.83
4.49
3.38
3.28
-0.10
-3%
17.64
14.31
-3.33%
-19%
19%
15%
-13%
4.10
4.21
1.75
1.88
0.13
7%
4.97
6.12
1.15%
23%
5%
6%
19%
2.19
2.98
0.70
0.99
0.29
41%
0.72
0.85
0.13%
18%
1%
1%
21%
32.34
21.31
14.74
7.37
-7.37
-50%
7.57
2.91
-4.66%
-62%
8%
3%
-1%
20.25
22.5
11.5
10.56
-0.94
-8%
4.89
4.24
-0.65%
-13%
5%
5%
16%
2.64
3.15
1.36
1.47
0.11
8%
8.27
8.05
-0.22%
-3%
8%
8%
0%
20.45
17.73
13.59
10.54
-3.05
-22%
14.41
11.43
-2.98%
-21%
14%
11%
18%
2.54
2.82
1.17
1.38
0.21
18%
6.29
6.11
-0.18%
-3%
6%
6%
4%
18.4
14.88
10.13
8.18
-1.95
-19%
7.54
5.75
-1.79%
-24%
7%
6%
34%
2.32
2.77
0.37
0.60
0.23
62%
0.98
1.33
0.35%
36%
1%
1%
2%
7.49
8.48
2.33
2.60
0.27
12%
2.57
2.85
0.28%
11%
3%
3%
-2%
5.50
9.20
1.27
2.02
0.75
59%
0.05
0.61
0.56%
1120%
1%
1%
99%
0.84
1.30
0.55
0.82
0.27
49%
7.37
5.65
-1.72%
-23%
8%
6%
22%
6.40
8.00
1.84
1.99
0.15
8%
3.07
2.69
-0.38%
-12%
3%
3%
2%
2.52
2.89
0.85
1.20
0.35
41%
2.90
4.08
1.18%
41%
3%
4%
7%
7.90
6.95
2.45
2.92
0.47
19%
2.40
2.21
-0.19%
-8%
2%
2%
26%
2.58
2.71
0.54
0.78
0.24
44%
1.84
2.24
0.40%
22%
2%
2%
10%
75.15
32.51
36.85
18.61
-18.24
-49%
14.35
1.58
-12.77%
-89%
14%
7%
-3%
8.40
9.17
4.77
4.82
0.05
1%
2.24
2.34
0.10%
4%
2%
2%
17%
3.31
3.21
0.50
0.75
0.25
50%
0.61
1.92
1.31%
215%
2%
3%
-21%
38.64
32.99
11.39
7.57
-3.82
-34%
3.16
3.41
0.25%
8%
3%
3%
15%
19.05
14.35
8.39
6.04
-2.35
-28%
8.53
4.90
-3.63%
-43%
8%
5%
19%
33.42
24.88
20.80
7.09
-13.71
-66%
13.08
4.00
-9.08%
-69%
15%
4%
www.industry20.com
Percentage
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
181
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
603
0
Bhageria Dye-Chem Ltd
Chemicals & Petroleum Products
Derivatives of hydrocarbons
58.84
64.78
5.94
604
0
Themis Medicare Ltd
Pharmaceuticals
Drug formulations
219.57
241.59
22.02
605
0
Rhyme Organics & Chemicals Ltd
Chemicals & Petroleum Products
Pesticides
9.06
12.79
3.73
606
13
Virgo Engineers Ltd
Machinery & Equipment
Valves
296.86
271.45
-25.41
607
0
Anglo-French Drugs & Inds Ltd
Pharmaceuticals
Drug formulations
82.63
83.15
0.52
608
82
Morganite Crucible (India) Ltd
Non-metallic Mineral Products
Ceramic ware for laboratory uses
57.50
73.02
15.52
609 1103
Associated Alcohols & Breweries Ltd
Food Products
Ethyl alcohol
108.58
90.76
-17.82
610 1055
U V Boards Ltd
Paper & Wood Products
Plywood
19.53
41.11
21.58
611 1004
Zenith Fibres Ltd
Clothing and Textile
Polypropylene fibre
35.82
41.78
5.96
612
669
Eastern Treads Ltd
Rubber Products
Rubber & rubber products
50.63
67.84
17.21
613
583
Coral Laboratories Ltd
Pharmaceuticals
Drug formulations
35.43
33.77
-1.66
614
0
Butterfly Gandhimathi Appliances Ltd
Electrical & Electronic Goods
Non-electric cooking appliances
273.08
223.17
-49.91
615
0
Neogem India Ltd
Gems & Jewellery
Jewellery of gold
23.90
82.00
58.10
616
448
Shiva Cement Ltd
Cement
Cement
48.72
56.45
7.73
617
0
Suncity Synthetics Ltd
Clothing and Textile
Polyester chips & granules
5.36
10.86
5.50
618
0
Sovereign Diamonds Ltd
Gems & Jewellery
Diamonds
12.66
19.56
6.90
619
926
Kilpest India Ltd
Chemicals & Petroleum Products
Pesticides
20.47
23.24
2.77
620
906
Dai-Ichi Karkaria Ltd
Chemicals & Petroleum Products
Chemicals
54.25
58.84
4.59
Span Diagnostics Ltd
Pharmaceuticals
80.39
84.53
4.14
622 1309
Vinyoflex Ltd
Plastics & Polymers
Drugs, medicines & allied products Other sheets, films & foils of plastics
17.75
21.83
4.08
623 1427
Shivagrico Implements Ltd
Machinery & Equipment
Agricultural implements
23.80
24.77
0.97
624
0
Ansaldocaldaie Boilers India Pvt Ltd
Machinery & Equipment
Other steam boilers
26.84
41.92
15.08
625
543
Salter India Ltd
Machinery & Equipment
Weighing machinery
14.36
15.66
1.30
C M I Ltd
Wires & Cables
Jelly filled cables
52.00
64.94
12.94
Indian Wood Products Co Ltd
Food Products
Products of food, beverages & tobacco
55.98
63.68
7.70
628 1433
Chase Bright Steel Ltd
Metal Products
Bars & rods
24.33
36.55
12.22
629
0
Rajputana Stainless Ltd
Iron & Steel
Stainless steel
264.68
261.68
-3.00
630
977
Medi-Caps Ltd
Pharmaceuticals
Empty capsules
21.80
28.01
6.21
631
0
Amex Alloys Pvt Ltd
Metal Products
Steel castings
14.57
20.61
6.04
632
806
Haryana Texprints (Overseas) Ltd
Clothing and Textile
Cloth processed
45.07
54.59
9.52
633
826
Anshul Specialty Molecules Ltd
Chemicals & Petroleum Products
Miscellaneous chemicals
24.98
37.82
12.84
634
0
Commercial Engineers & Body Builders Co Ltd
Automobile ancillaries
Automobile bodies
243.85
298.06
54.21
635
256
Resins & Plastics Ltd
Plastics & Polymers
70.58
75.85
5.27
Yashraj Containeurs Ltd
Metal Products
Amino/phenolic resins & polyurethanes Reservoirs, tanks & other fabrications
115.96
127.50
11.54
621
218
626 1206 627
710
636 1394
182
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
10%
3.90
3.28
1.14
0.90
-0.24
-21%
0.96
2.53
1.57%
164%
2%
1%
10%
33.07
25.75
18.67
10.13
-8.54
-46%
7.88
3.14
-4.74%
-60%
9%
4%
41%
0.23
0.61
0.09
0.27
0.18
200%
0.99
2.11
1.12%
113%
1%
2%
-9%
96.21
53.66
59.53
26.20
-33.33
-56%
17.84
9.10
-8.74%
-49%
20%
10%
1%
7.04
5.53
2.57
2.05
-0.52
-20%
0.92
2.39
1.47%
160%
3%
2%
27%
12.89
15.52
6.82
4.95
-1.87
-27%
13.50
5.13
-8.37%
-62%
12%
7%
-16%
7.38
11.28
1.20
2.46
1.26
105%
0.51
1.02
0.51%
100%
1%
3%
110%
2.37
2.29
0.87
0.55
-0.32
-37%
4.37
3.93
-0.44%
-10%
4%
1%
17%
5.30
4.76
2.86
2.48
-0.38
-13%
6.99
6.11
-0.88%
-13%
8%
6%
34%
2.12
2.38
1.11
1.28
0.17
15%
2.19
1.88
-0.31%
-14%
2%
2%
-5%
7.40
6.67
4.67
4.16
-0.51
-11%
13.12
12.31
-0.81%
-6%
13%
12%
-18%
29.02
27.98
15.58
15.19
-0.39
-3%
6.21
4.30
-1.91%
-31%
6%
7%
243%
2.12
3.42
1.15
1.43
0.28
24%
4.65
1.27
-3.38%
-73%
5%
2%
16%
9.93
10.60
2.29
2.31
0.02
1%
4.67
4.07
-0.60%
-13%
5%
4%
103%
0.70
1.41
0.21
0.41
0.20
95%
3.86
3.70
-0.16%
-4%
4%
4%
55%
0.84
1.31
0.02
0.21
0.19
950%
0.16
0.87
0.71%
444%
0%
1%
14%
1.67
1.84
0.49
0.78
0.29
59%
2.39
3.35
0.96%
40%
2%
3%
8%
7.02
6.08
4.00
4.10
0.10
2%
4.67
3.63
-1.04%
-22%
7%
7%
5%
13.02
12.43
5.38
4.62
-0.76
-14%
6.00
5.15
-0.85%
-14%
7%
5%
23%
1.19
1.47
0.36
0.54
0.18
50%
2.03
2.93
0.90%
44%
2%
2%
4%
2.08
2.48
0.10
0.66
0.56
560%
0.25
2.54
2.29%
916%
0%
3%
56%
2.07
3.87
0.64
0.85
0.21
33%
2.33
1.98
-0.35%
-15%
2%
2%
9%
3.42
3.32
2.12
2.09
-0.03
-1%
14.38
13.01
-1.37%
-10%
15%
13%
25%
4.39
6.10
1.92
2.02
0.10
5%
3.46
2.68
-0.78%
-23%
4%
3%
14%
3.22
3.65
0.93
1.21
0.28
30%
1.69
1.91
0.22%
13%
2%
2%
50%
1.17
1.40
0.27
0.40
0.13
48%
0.99
1.18
0.19%
19%
1%
1%
-1%
17.48
23.73
6.75
6.15
-0.60
-9%
2.55
2.50
-0.05%
-2%
3%
2%
28%
5.95
6.42
3.62
2.71
-0.91
-25%
14.95
9.26
-5.69%
-38%
17%
10%
41%
1.64
1.41
0.09
0.29
0.20
222%
0.75
1.40
0.65%
87%
1%
1%
21%
3.14
3.41
0.78
0.99
0.21
27%
1.64
1.76
0.12%
7%
2%
2%
51%
4.57
4.27
1.84
1.66
-0.18
-10%
7.13
4.34
-2.79%
-39%
7%
4%
22%
40.02
20.24
20.30
5.70
-14.60
-72%
8.74
1.93
-6.81%
-78%
8%
2%
7%
6.40
5.71
3.91
3.60
-0.31
-8%
5.48
4.64
-0.84%
-15%
6%
5%
10%
10.42
10.73
1.27
1.29
0.02
2%
0.89
1.04
0.15%
17%
1%
1%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
183
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
637 1373
Cosco (India) Ltd
Diversified Manufacturing
Diversified
58.29
69.80
11.51
638
Pioneer Agro Extracts Ltd
Food Products
Vanaspati
90.11
96.87
6.76
639 1281
Fairdeal Filaments Ltd
Clothing and Textile
Cotton & blended yarn
86.50
125.23
38.73
640 1304
Eimco-K C P Ltd
Automobile ancillaries
Automobile engine parts
30.52
29.70
-0.82
641
326
Tea Estates India Ltd
Food Products
Tea
79.39
72.92
-6.47
642
105
Ahlcon Parenterals (India) Ltd
Pharmaceuticals
IV fluids
55.13
67.63
12.50
21.43
20.51
-0.92
0
643
644
Spenta International Ltd
Clothing and Textile
Other clothing accessories, knitted or crocheted
644
0
Padmanabh Alloys & Polymers Ltd
Plastics & Polymers
Plastic Products
8.21
11.23
3.02
645
545
N G L Fine-Chem Ltd
Pharmaceuticals
Pharmaceutical products
29.99
37.75
7.76
646
0
Trishul Concrete Products Ltd
Non-metallic Mineral Products
Products of cement, concrete, etc
84.19
85.37
1.18
647
464
Nikhil Adhesives Ltd
Chemicals & Petroleum Products
Glues (adhesive)
130.58
143.48
12.90
648
753
Highway Industries Ltd
Automobile ancillaries
Automobile ancillaries
151.49
213.67
62.18
649
0
Coventry Coil-O-Matic (Haryana) Ltd
Metal Products
Coil springs
35.52
45.54
10.02
650 1422
Auro Laboratories Ltd
Pharmaceuticals
Drugs, medicines & allied products
12.24
22.06
9.82
651
Tyroon Tea Co Ltd
Food Products
Tea
18.05
21.72
3.67
652 1023
Lamina Suspension Products Ltd
Automobile ancillaries
Leaf springs (Automotive)
70.54
82.86
12.32
653
Zenith Computers Ltd
Electrical & Electronic Goods
Computer systems
277.29
204.07
-73.22
654 1308
Sandu Pharmaceuticals Ltd
Pharmaceuticals
Ayurvedic & unani medicaments
15.58
21.68
6.10
655
Prima Plastics Ltd
Plastics & Polymers
Plastic injection moulding items
55.54
65.48
9.94
155.31
186.8
31.49
322
984
0
656
979
Garg Furnace Ltd
Metal Products
Miscellaneous articles of base metals
657
529
Skyline Millars Ltd
Auto
Construction machinery
23.73
30.31
6.58
658
0
Sandhya Marines Ltd
Food Products
Shrimps
77.49
99.12
21.63
659
426
Jolly Board Ltd
Paper & Wood Products
Particle boards
134.06
82.51
-51.55
660
0
Gini Silk Mills Ltd
Clothing and Textile
Woven fabrics of synthetic filament yarns
34.18
36.32
2.14
661
527
Neelamalai Agro Inds Ltd
Food Products
Tea
18.82
18.27
-0.55
662 1297
Nitin Alloys Global Ltd
Metal Products
Steel castings
26.33
34.27
7.94
663
0
Asahi Industries Ltd
Clothing and Textile
Cotton yarn
87.01
124.44
37.43
664
835
Jaysynth Dyestuff (India) Ltd
Chemicals & Petroleum Products
Dyes
89.05
96.85
7.80
665
402
Hindustan Fluorocarbons Ltd
Plastics & Polymers
Polytetrafluoroethylene
19.70
34.29
14.59
666
0
Advance Steel Tubes Ltd
Metal Products
Tubes & pipes
161.47
181.68
20.21
667
905
Pearl Drinks Ltd
Food Products
Soft drinks
234.10
264.50
30.40
668
148
B & A Ltd
Food Products
Tea
69.09
76.41
7.32
669
0
Cigfil Ltd
Diversified Manufacturing
Diversified
64.81
80.11
15.3
Sacheta Metals Ltd
Non Ferrous Metals
Aluminium kitchen ware
44.74
53.37
8.63
670 1073
184
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
20%
4.63
4.90
0.49
0.71
0.22
45%
0.80
1.03
0.23%
29%
1%
1%
8%
2.39
2.98
0.20
0.70
0.50
250%
0.22
0.55
0.33%
150%
0%
1%
45%
5.31
6.54
0.53
0.45
-0.08
-15%
0.54
0.45
-0.09%
-17%
1%
0%
-3%
2.60
2.83
0.56
0.93
0.37
66%
0.26
2.14
1.88%
723%
2%
3%
-8%
31.04
19.13
22.84
13.69
-9.15
-40%
28.43
18.32
-10.11%
-36%
29%
19%
23%
15.16
12.23
7.16
4.29
-2.87
-40%
13.11
5.92
-7.19%
-55%
13%
6%
-4%
5.01
5.13
1.88
1.83
-0.05
-3%
8.79
8.76
-0.03%
0%
9%
9%
37%
1.09
1.14
0.65
0.75
0.10
15%
7.92
6.68
-1.24%
-16%
8%
7%
26%
5.23
5.46
2.71
2.42
-0.29
-11%
10.25
6.37
-3.88%
-38%
9%
6%
1%
3.20
4.56
1.15
1.68
0.53
46%
1.64
1.96
0.32%
20%
1%
2%
10%
7.97
7.97
2.27
2.47
0.20
9%
1.77
1.43
-0.34%
-19%
2%
2%
41%
22.05
21.93
7.16
3.01
-4.15
-58%
4.46
1.12
-3.34%
-75%
5%
1%
28%
1.36
1.46
0.11
0.37
0.26
236%
0.48
0.75
0.27%
56%
0%
1%
80%
0.96
1.81
0.08
0.21
0.13
163%
0.65
0.90
0.25%
38%
1%
1%
20%
3.10
5.36
2.31
2.22
-0.09
-4%
12.55
9.07
-3.48%
-28%
13%
10%
17%
7.64
8.05
1.61
1.76
0.15
9%
2.28
1.96
-0.32%
-14%
2%
2%
-26%
12.98
19.57
2.05
2.27
0.22
11%
0.64
1.14
0.50%
78%
1%
1%
39%
1.60
1.85
0.69
0.82
0.13
19%
4.29
3.75
-0.54%
-13%
4%
4%
18%
6.12
5.71
3.03
2.63
-0.40
-13%
5.19
3.94
-1.25%
-24%
5%
4%
20%
4.26
4.74
1.32
1.23
-0.09
-7%
0.83
0.66
-0.17%
-20%
1%
1%
28%
5.31
5.31
4.24
3.10
-1.14
-27%
17.44
8.02
-9.42%
-54%
18%
10%
28%
5.20
5.31
1.55
1.88
0.33
21%
1.54
0.77
-0.77%
-50%
2%
2%
-38%
67.38
34.84
51.33
24.56
-26.77
-52%
52.20
27.25
-24.95%
-48%
38%
30%
6%
7.01
5.89
5.05
3.97
-1.08
-21%
13.24
10.47
-2.77%
-21%
15%
11%
-3%
4.22
3.94
3.08
2.85
-0.23
-7%
14.81
13.46
-1.35%
-9%
16%
16%
30%
4.37
4.22
1.55
1.46
-0.09
-6%
5.86
4.53
-1.33%
-23%
6%
4%
43%
12.01
12.94
1.23
1.03
-0.20
-16%
1.41
0.83
-0.58%
-41%
1%
1%
9%
7.38
7.08
5.90
4.47
-1.43
-24%
6.61
4.49
-2.12%
-32%
7%
5%
74%
6.65
6.61
3.06
2.23
-0.83
-27%
14.62
3.88
-10.74%
-73%
16%
7%
13%
13.47
10.63
6.52
4.51
-2.01
-31%
4.06
2.43
-1.63%
-40%
4%
2%
13%
27.73
35.15
4.64
3.26
-1.38
-30%
1.53
0.93
-0.60%
-39%
2%
1%
11%
12.55
13.37
7.97
4.70
-3.27
-41%
11.27
6.92
-4.35%
-39%
12%
6%
24%
6.03
6.97
0.71
0.86
0.15
21%
1.08
1.05
-0.03%
-3%
1%
1%
19%
2.63
4.26
0.62
0.72
0.10
16%
1.09
1.37
0.28%
26%
1%
1%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
185
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
671
0
Sanrhea Technical Textiles Ltd
Clothing and Textile
Cloth (Fabrics)
19.73
29.43
9.70
672
965
Metal Coatings (India) Ltd
Metal Products
Articles of iron & steel
91.71
76.57
-15.14
673 1319
Penam Laboratories Ltd
Pharmaceuticals
Drug formulations
104.77
104.77
0
674 1550
Sree Jayalakshmi Autospin Ltd
Clothing and Textile
Cotton linters, yarn
10.84
22.40
11.56
675
Nelliampathy Tea & Produce Co Ltd
Food Products
Tea
15.81
16.11
0.30
13.01
13.72
0.71
708
676 1195
Transweld Mechanical Engg Works Pvt Ltd
Metal Products
Reservoirs, tanks & other fabrications
677
0
Texel Industries Ltd
Plastics & Polymers
Plastic packaging goods
26.68
26.81
0.13
678
0
Panasonic Energy India Co Ltd
Electrical & Electronic Goods
Dry cells
186.73
198.62
11.89
679
304
Choksi Imaging Ltd
Chemicals & Petroleum Products
Photographic film
156.37
180.03
23.66
680
0
Trident Tools Ltd
Metal Products
Tools, implements, etc
23.14
21.76
-1.38
681
660
Fancy Fittings Ltd
Plastics & Polymers
Plastic injection moulding items
50.81
66.47
15.66
682
0
Neycer India Ltd
Glass, Ceramics & Refractories
Ceramic sinks, wash basins, etc
19.24
22.45
3.21
683 1227
Kanchi Karpooram Ltd
Chemicals & Petroleum Products
Camphor
31.59
41.99
10.4
684
701
Panasonic Carbon India Co Ltd
Electrical Equipment
Welding machinery
31.15
24.26
-6.89
685
811
Transformers & Electricals, Kerala Ltd
Electrical Equipment
Transformers
221.51
201.96
-19.55
176.41
179.57
3.16
47.97
47.56
-0.41
686 1294
Shri Bajrang Alloys Ltd
Metal Products
687
0
Samrat Pharmachem Ltd
Pharmaceuticals
Other structurals (Steel windows, doors, frames) Drugs, medicines & allied products
688
0
Rubfila International Ltd
Rubber Products
Vulcanised rubber thread & cord
52.73
79.21
26.48
689
863
Mahindra Steel Service Centre Ltd
Metal Products
Flat products
14.99
80.98
65.99
690 1066
Pranavaditya Spinning Mills Ltd
Clothing and Textile
Cotton yarn
32.72
48.91
16.19
691
716
Dujodwala Paper Chemicals Ltd
Chemicals & Petroleum Products
Rosin & resin acids
132.7
138.53
5.83
692
844
Nekkanti Sea Foods Ltd
Food Products
Shrimps
94.14
127.38
33.24
693 1110
United Drilling Tools Ltd
Machinery & Equipment
Machine tools for drilling, boring, milling, etc
26.22
26.67
0.45
694 1252
Hisar Spinning Mills Ltd
Clothing and Textile
Cotton yarn
11.65
12.88
1.23
695
252
Medicamen Biotech Ltd
Pharmaceuticals
Drug formulations
102.18
123.51
21.33
696
742
S P E L Semiconductor Ltd
Electrical & Electronic Goods
Integrated circuits
87.29
91.46
4.17
697 1192
Gem Sugars Ltd
Food Products
Sugar
179.40
179.40
0
698
922
Polyspin Exports Ltd
Plastics & Polymers
HDPE woven sacks
35.09
44.53
9.44
699
876
Continental Petroleums Ltd
Chemicals & Petroleum Products
Lube oils & lubricants
10.93
15.54
4.61
700
918
Tikaula Sugar Mills Ltd
Food Products
Sugar
214.20
214.20
0
701
0
Poona Dal & Oil Inds Ltd
Food Products
Soyabean oil
366.06
274.06
-92.00
15.45
19.78
4.33
702
0
Gennex Laboratories Ltd
Pharmaceuticals
Drugs, medicines & allied products
703
0
Kriti Auto & Engg Plastics Pvt Ltd
Plastics & Polymers
Plastic Products
5.49
26.34
20.85
704
177
Rajoo Engineers Ltd
Machinery & Equipment
Rubber & plastic products machinery
74.17
77.39
3.22
186
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
49%
2.14
2.68
0.88
0.97
0.09
10%
4.44
3.29
-1.15%
-26%
4%
3%
-17%
3.87
3.79
1.04
1.51
0.47
45%
1.13
1.97
0.84%
74%
1%
2%
0%
6.19
6.19
3.01
3.01
0
0%
2.53
2.53
0.00%
0%
3%
3%
107%
0.38
0.57
0.04
0.17
0.13
325%
0.65
0.80
0.15%
23%
0%
1%
2%
3.96
3.89
3.03
2.68
-0.35
-12%
18.46
15.93
-2.53%
-14%
19%
17%
5%
1.34
1.38
0.76
0.83
0.07
9%
5.84
5.98
0.14%
2%
6%
6%
0%
1.97
1.90
0.64
0.91
0.27
42%
2.59
3.39
0.80%
31%
2%
3%
6%
9.92
11.25
7.20
5.50
-1.70
-24%
3.79
2.39
-1.40%
-37%
4%
3%
15%
10.35
9.07
4.79
3.40
-1.39
-29%
3.08
1.87
-1.21%
-39%
3%
2%
-6%
1.84
2.80
0.52
0.78
0.26
50%
2.25
3.58
1.33%
59%
2%
4%
31%
8.09
7.94
3.57
2.46
-1.11
-31%
6.96
3.71
-3.25%
-47%
7%
4%
17%
36.53
3.07
34.42
0.92
-33.50
-97%
1.59
2.78
1.19%
75%
179%
4%
33%
3.93
3.54
0.97
1.03
0.06
6%
3.04
2.49
-0.55%
-18%
3%
2%
-22%
11.29
7.60
6.69
4.70
-1.99
-30%
18.86
16.89
-1.97%
-10%
21%
19%
-9%
51.44
25.42
29.68
12.2
-17.48
-59%
12.52
7.68
-4.84%
-39%
13%
6%
2%
6.56
7.80
2.07
2.11
0.04
2%
1.14
1.17
0.03%
3%
1%
1%
-1%
1.94
2.47
1.13
1.35
0.22
19%
2.35
2.90
0.55%
23%
2%
3%
50%
25.51
5.35
22.59
2.15
-20.44
-90%
5.08
2.63
-2.45%
-48%
43%
3%
440%
7.80
8.46
3.60
1.77
-1.83
-51%
23.49
2.18
-21.31%
-91%
24%
2%
49%
4.32
4.90
2.06
1.62
-0.44
-21%
5.68
3.06
-2.62%
-46%
6%
3%
4%
7.55
9.39
1.04
1.23
0.19
18%
0.78
0.89
0.11%
14%
1%
1%
35%
4.52
5.08
1.12
0.97
-0.15
-13%
1.19
0.72
-0.47%
-39%
1%
1%
2%
1.53
1.43
0.76
0.71
-0.05
-7%
0.68
2.64
1.96%
288%
3%
3%
11%
1.08
1.24
0.27
0.52
0.25
93%
1.80
2.48
0.68%
38%
2%
4%
21%
8.97
7.81
3.98
2.78
-1.20
-30%
3.88
2.23
-1.65%
-43%
4%
2%
5%
19.63
18.28
6.11
4.53
-1.58
-26%
6.89
4.87
-2.02%
-29%
7%
5%
0%
30.12
30.12
2.80
2.8
0
0%
1.55
1.55
0.00%
0%
2%
2%
27%
3.54
5.68
1.00
1.49
0.49
49%
4.46
2.62
-1.84%
-41%
3%
3%
42%
0.92
1.09
0.51
0.61
0.10
20%
4.65
3.93
-0.72%
-15%
5%
4%
0%
18.10
18.10
3.33
3.33
0
0%
0.78
0.78
0.00%
0%
2%
2%
-25%
5.88
6.22
2.34
2.36
0.02
1%
0.65
0.89
0.24%
37%
1%
1%
28%
0.78
1.56
-0.70
0.41
1.11
-159%
2.33
2.32
-0.01%
0%
-5%
2%
380%
0.60
2.87
0.32
0.68
0.36
113%
5.82
2.58
-3.24%
-56%
6%
3%
4%
8.68
8.49
4.46
3.69
-0.77
-17%
6.03
4.75
-1.28%
-21%
6%
5%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
187
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
705
773
Techno Forge Ltd
Metal Products
Forgings
21.87
26.99
5.12
706
180
Chaman Lal Setia Exports Ltd
Food Products
Rice
185.67
166.89
-18.78
707
885
Mahindra Composites Ltd
Plastics & Polymers
Other articles of plastics
49.79
57.11
7.32
708
0
Faze Three Ltd
Clothing and Textile
Cotton durries
134.94
145.87
10.93
709
430
Rydak Syndicate Ltd
Food Products
Tea
51.50
57.39
5.89
710
948
Aarey Drugs & Pharmaceuticals Ltd
Chemicals & Petroleum Products
Thinner
46.59
67.77
21.18
711
855
Marvel Vinyls Ltd
Plastics & Polymers
Sheets of vinyl chloride
79.93
96.71
16.78
712
0
Kanco Tea & Inds Ltd
Food Products
Tea
27.00
31.07
4.07
35.83
36.44
0.61
713
368
Weld Excel India Ltd
Electrical Equipment
Welding electrodes / sticks / wires / fluxes
714
0
Paramount Cosmetics (India) Ltd
Cosmetics & Soaps
Skin preperation and deodarants
28.92
43.07
14.15
G T V Engineering Ltd
Metal Products
18.42
92.69
74.27
716 1376
Alpa Laboratories Ltd
Pharmaceuticals
Reservoirs, tanks & other fabrications Drugs, medicines & allied products
94.28
82.87
-11.41
717 1564
Uniroyal Marine Exports Ltd
Food Products
Shrimps
19.95
25.45
5.50
718 1208
Sri Rama Vilas Service Ltd
Diversified Manufacturing
Diversified
13.42
15.89
2.47
719
Interfit Techno Products Ltd
Metal Products
Tube & pipe fittings
33.78
26.71
-7.07
Sreechem Resins Ltd
Plastics & Polymers
Polyester or contract resins
19.67
33.48
13.81
34.24
37.72
3.48
715
0
0
720 1503 721
389
Banaras Beads Ltd
Glass, Ceramics & Refractories
Glass beads, bangles, imitation pearls, etc
722
795
Hindustan Adhesives Ltd
Plastics & Polymers
Cellulose adhesive tapes
45.60
56.88
11.28
723 1553
Filatex Fashions Ltd
Clothing and Textile
Knitted / crocheted fabrics
38.47
61.45
22.98
724
213
Tulsi Extrusions Ltd
Plastics & Polymers
PVC pipes
109.92
162.71
52.79
725
0
Shri Jagdamba Polymers Ltd
Plastics & Polymers
Sacks & bags of polyethylene
32.25
38.65
6.40
726
817
North-Western Cachar Tea Co Ltd
Food Products
Tea
27.08
30.12
3.04
727
0
Alumeco India Extrusion Ltd
Non Ferrous Metals
Other aluminium products
66.47
90.95
24.48
728
0
Mahaan Foods Ltd
Food Products
Dairy products
109.24
119.22
9.98
729
830
Everest Organics Ltd
Pharmaceuticals
Drug formulations
44.05
58.27
14.22
730
983
Amines & Plasticizers Ltd
Chemicals & Petroleum Products
Ethanolamines
176.44
197.74
21.30
731
0
Rasandik Engineering Inds India Ltd
Automobile ancillaries
Automobile ancillaries
253.39
298.13
44.74
732
0
Karnataka Soaps & Detergents Ltd
Cosmetics & Soaps
Soap
193.99
197.02
3.03
30.49
64.63
34.14
733 1127
Ashnoor Textile Mills Ltd
Clothing and Textile
Terry towelling & similar woven terry fabrics
734
Shilchar Technologies Ltd
Electrical Equipment
Transformers
76.84
102.16
25.32
Khator Fibre & Fabrics Ltd
Clothing and Textile
Cloth processed
19.85
27.08
7.23
91.19
99.86
8.67
0
735 1458 736
712
Perfectpac Ltd
Paper & Wood Products
Cartons, boxes, cases of corrugated paper
737
612
Hind Filters Ltd
Clothing and Textile
Cigarette filter rods
45.01
48.15
3.14
738
0
Continental Milkose (India) Ltd
Food Products
Weaning foods
134.46
148.74
14.28
188
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
23%
3.59
4.00
1.08
1.03
-0.05
-5%
4.62
4.07
-0.55%
-12%
5%
4%
-10%
14.78
12.02
6.96
4.74
-2.22
-32%
3.76
3.58
-0.18%
-5%
4%
3%
15%
6.03
5.69
2.58
2.43
-0.15
-6%
5.11
3.54
-1.57%
-31%
5%
4%
8%
21.53
15.50
4.30
0.25
-4.05
-94%
1.46
2.10
0.64%
44%
3%
0%
11%
4.97
5.48
1.70
1.69
-0.01
-1%
3.28
2.94
-0.34%
-10%
3%
3%
45%
1.47
1.65
0.81
0.79
-0.02
-2%
1.63
1.08
-0.55%
-34%
2%
1%
21%
4.33
4.75
0.90
1.03
0.13
14%
1.12
0.85
-0.27%
-24%
1%
1%
15%
6.62
6.15
5.09
3.15
-1.94
-38%
18.67
10.28
-8.39%
-45%
19%
10%
2%
4.67
4.54
2.46
2.29
-0.17
-7%
6.68
5.86
-0.82%
-12%
7%
6%
49%
2.64
4.10
1.10
1.44
0.34
31%
3.87
1.27
-2.60%
-67%
4%
3%
403%
1.28
1.60
0.29
0.31
0.02
7%
1.50
0.33
-1.17%
-78%
2%
0%
-12%
4.28
2.35
0.80
0.9
0.10
13%
0.64
1.85
1.21%
189%
1%
1%
28%
1.20
1.59
0.22
0.31
0.09
41%
1.00
1.37
0.37%
37%
1%
1%
18%
3.31
2.81
2.31
1.77
-0.54
-23%
14.68
10.13
-4.55%
-31%
17%
11%
-21%
3.71
3.17
2.83
2.16
-0.67
-24%
8.37
8.08
-0.29%
-3%
8%
8%
70%
0.83
1.02
0.08
0.13
0.05
63%
0.41
0.42
0.01%
2%
0%
0%
10%
5.29
6.51
4.19
3.09
-1.10
-26%
11.97
7.91
-4.06%
-34%
12%
8%
25%
6.50
6.03
2.24
1.77
-0.47
-21%
4.87
3.26
-1.61%
-33%
5%
3%
60%
0.94
1.09
0.22
0.31
0.09
41%
0.57
0.41
-0.16%
-28%
1%
1%
48%
16.91
18.25
6.29
1.94
-4.35
-69%
5.69
0.98
-4.71%
-83%
6%
1%
20%
4.82
4.69
1.14
1.21
0.07
6%
3.50
2.91
-0.59%
-17%
4%
3%
11%
3.01
3.22
0.66
0.68
0.02
3%
2.28
2.72
0.44%
19%
2%
2%
37%
2.73
3.23
1.13
1.04
-0.09
-8%
1.35
0.67
-0.68%
-50%
2%
1%
9%
2.22
2.37
0
0.11
0.11
#DIV/0!
0.05
0.09
0.04%
80%
0%
0%
32%
4.10
4.38
1.16
0.97
-0.19
-16%
2.61
1.95
-0.66%
-25%
3%
2%
12%
11.33
10.39
3.02
2.13
-0.89
-29%
1.70
1.08
-0.62%
-36%
2%
1%
18%
30.46
32.83
4.86
2.05
-2.81
-58%
1.92
0.73
-1.19%
-62%
2%
1%
2%
16.40
11.13
9.44
6.66
-2.78
-29%
4.92
3.00
-1.92%
-39%
5%
3%
112%
4.28
3.75
0.99
0.90
-0.09
-9%
2.82
0.89
-1.93%
-68%
3%
1%
33%
6.38
7.56
1.54
1.16
-0.38
-25%
2.14
1.15
-0.99%
-46%
2%
1%
36%
2.21
3.05
0.55
0.64
0.09
16%
2.77
2.36
-0.41%
-15%
3%
2%
10%
5.08
5.43
1.09
1.31
0.22
20%
1.20
1.03
-0.17%
-14%
1%
1%
7%
8.08
5.79
5.24
3.53
-1.71
-33%
10.53
6.83
-3.70%
-35%
12%
7%
11%
3.66
4.74
0.46
0.47
0.01
2%
0.32
0.32
0.00%
0%
0%
0%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
189
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
Surya Cotspin Ltd
Clothing and Textile
Cotton yarn
17.77
26.25
8.48
Stanes Motor Parts Ltd
Automobile ancillaries
Automobile ancillaries
21.87
24.60
2.73
0
D & H India Ltd
Electrical Equipment
Welding electrodes / sticks / wires / fluxes
56.48
61.49
5.01
742
0
Gokul Jewellery House Pvt Ltd
Gems & Jewellery
Jewellery of gold
196.47
93.64
-102.83
743
523
Bedmutha Industries Ltd
Metal Products
Wires & ropes of iron & steel
167.28
208.93
41.65
744
0
United Provinces Sugar Co Ltd
Food Products
Sugar
130.62
135.81
5.19
745
0
Neha International Ltd
Food Products
Flowers & flower buds, cut
23.90
44.04
20.14
746
699
Sulzer India Ltd
Machinery & Equipment
Textile (incl jute) machinery
157.42
176.11
18.69
747
0
Universal Petrochemicals Ltd
Chemicals & Petroleum Products
Lube oils & lubricants
35.58
38.62
3.04
748
0
Federal-Mogul Bearings India Ltd
Automobile ancillaries
Bimetal bearings
55.20
72.33
17.13
749
27
K C P Sugar & Inds Corpn Ltd
Food Products
Sugar
259.36
213.22
-46.14
750
0
Akasaka Electronics Ltd
Electrical & Electronic Goods
Printed circuit boards
37.11
41.78
4.67
751
1374
Borax Morarji Ltd
Chemicals & Petroleum Products
Borax
74.95
80.64
5.69
752
0
Vega Conveyors & Automation Ltd
Machinery & Equipment
Conveyors
13.33
20.97
7.64
66.85
75.69
8.84
739
0
740
1259
741
753
982
Syncom Healthcare Ltd
Pharmaceuticals
Drugs, medicines & allied products
754
558
Dutron Polymers Ltd
Plastics & Polymers
HDPE pipes
53.39
66.25
12.86
755
0
Advanced Micronic Devices Ltd
Electrical & Electronic Goods
Medical equipment
66.00
71.82
5.82
756
1507
Endo Labs Ltd
Pharmaceuticals
Drug formulations
20.09
24.11
4.02
757
866
K E W Industries Ltd
Automobile ancillaries
Other automobile ancillaries
64.85
106.38
41.53
758
599
Remi Process Plant & Machinery Ltd
Machinery & Equipment
Agitators & mixers
24.44
17.96
-6.48
759
967
Forbes Aquamall Ltd
Electrical & Electronic Goods
Vacuum cleaners
73.39
78.32
4.93
760
434
Naraingarh Sugar Mills Ltd
Food Products
Sugar and allied products
107.79
94.62
-13.17
761
0
Nalco Metal Products Ltd
Non Ferrous Metals
Aluminium powders, flakes & paste
18.63
25.13
6.50
762
400
United Nilgiri Tea Estates Co Ltd
Food Products
Tea
28.98
26.66
-2.32
763
1190
Hindusthan Udyog Ltd
Metal Products
Steel castings
50.92
54.33
3.41
764
0
E C E Industries Ltd
Electrical Equipment
Transformers
160.28
203.18
42.90
765
1043
Mohamed Aboobacker Chank Lungi Ltd
Clothing and Textile
Other textile articles
19.41
22.01
2.60
766
0
Shree Hari Chemicals Export Ltd
Chemicals & Petroleum Products
Acid
69.17
73.12
3.95
767
962
Jagan Lamps Ltd
Automobile ancillaries
Auto head lights
11.34
16.99
5.65
20.57
27.7
7.13
768
0
Polymechplast Machines Ltd
Machinery & Equipment
Rubber & plastic products machinery
769
342
National Plastic Inds Ltd
Plastics & Polymers
Plastic injection moulding items
53.90
62.32
8.42
770
1087
Alkali Metals Ltd
Chemicals & Petroleum Products
Sodium
60.41
69.15
8.74
771
1225
Foods & Inns Ltd
Food Products
Fruit pulps
216.82
216.82
0
772
0
Moon Beverages Ltd
Food Products
Soft drinks
172.31
173.12
0.81
190
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11 2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
48%
0.84
1.20
0.07
0.13
0.06
86%
0.39
0.49
0.10%
26%
0%
0%
12%
1.17
1.43
0.43
0.59
0.16
37%
1.91
2.30
0.39%
20%
2%
2%
9%
3.21
3.33
1.59
1.57
-0.02
-1%
2.76
2.52
-0.24%
-9%
3%
3%
-52%
1.62
2.86
0.13
0.74
0.61
469%
0.07
0.78
0.71%
1014%
0%
1%
25%
26.63
18.40
10.01
2.65
-7.36
-74%
5.91
1.25
-4.66%
-79%
6%
1%
4%
11.05
14.34
0.44
0.36
-0.08
-18%
0.02
0.13
0.11%
550%
0%
0%
84%
2.18
2.52
1.37
1.03
-0.34
-25%
5.78
2.33
-3.45%
-60%
6%
2%
12%
52.17
24.87
29.50
7.08
-22.42
-76%
14.30
1.61
-12.69%
-89%
19%
4%
9%
4.58
4.14
2.43
2.21
-0.22
-9%
7.58
5.45
-2.13%
-28%
7%
6%
31%
7.28
4.73
3.06
0.39
-2.67
-87%
3.97
3.47
-0.50%
-13%
6%
1%
-18%
49.72
30.12
23.74
11.83
-11.91
-50%
8.82
4.64
-4.18%
-47%
9%
6%
13%
4.69
4.83
1.79
1.69
-0.1
-6%
4.72
3.72
-1.00%
-21%
5%
4%
8%
8.48
6.60
2.58
1.37
-1.21
-47%
1.58
1.67
0.09%
6%
3%
2%
57%
1.70
1.62
0.94
0.74
-0.2
-21%
7.05
4.19
-2.86%
-41%
7%
4%
13%
9.47
8.71
3.70
2.63
-1.07
-29%
5.50
3.33
-2.17%
-39%
6%
3%
24%
4.08
3.85
1.67
1.39
-0.28
-17%
3.13
2.10
-1.03%
-33%
3%
2%
9%
3.86
5.14
0.26
1.74
1.48
569%
2.75
1.63
-1.12%
-41%
0%
2%
20%
1.82
2.00
0.12
0.26
0.14
117%
0.50
0.87
0.37%
74%
1%
1%
64%
8.73
9.13
1.70
0.74
-0.96
-56%
2.65
0.74
-1.91%
-72%
3%
1%
-27%
4.21
2.56
2.12
0.89
-1.23
-58%
4.07
5.06
0.99%
24%
9%
5%
7%
7.44
6.12
4.05
2.89
-1.16
-29%
5.16
3.68
-1.48%
-29%
6%
4%
-12%
16.35
14.93
6.48
5.73
-0.75
-12%
4.01
2.88
-1.13%
-28%
6%
6%
35%
3.66
3.06
2.33
1.41
-0.92
-39%
12.03
5.50
-6.53%
-54%
13%
6%
-8%
7.62
5.28
4.75
3.25
-1.5
-32%
14.75
11.03
-3.72%
-25%
16%
12%
7%
8.44
6.16
4.38
3.08
-1.3
-30%
8.59
5.50
-3.09%
-36%
9%
6%
27%
14.54
8.50
8.12
2.09
-6.03
-74%
3.26
0.56
-2.70%
-83%
5%
1%
13%
0.91
1.09
0.41
0.52
0.11
27%
2.11
2.36
0.25%
12%
2%
2%
6%
5.87
6.23
0.85
0.81
-0.04
-5%
0.89
1.10
0.21%
24%
1%
1%
50%
0.98
1.50
0.24
0.56
0.32
133%
5.74
3.35
-2.39%
-42%
2%
3%
35%
1.74
2.10
0.72
1.08
0.36
50%
4.37
1.93
-2.44%
-56%
4%
4%
16%
5.98
6.29
2.94
2.05
-0.89
-30%
5.77
3.58
-2.19%
-38%
5%
3%
14%
13.84
9.29
6.54
3.12
-3.42
-52%
11.42
4.53
-6.89%
-60%
11%
5%
0%
24.05
24.05
1.65
1.65
0
0%
0.56
0.56
0.00%
0%
1%
1%
0%
37.73
31.72
5.12
3.84
-1.28
-25%
2.90
2.23
-0.67%
-23%
3%
2%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
191
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
773 1238
Sonal Adhesives Ltd
Plastics & Polymers
Self-adhesive plates, sheets, films, etc
35.44
45.18
9.74
774
Uniproducts (India) Ltd
Plastics & Polymers
Floor coverings of plastics
170.06
193.67
23.61
775 1115
M V L Telecom Ltd
Electrical & Electronic Goods
Video/TV games
279.48
279.48
0
776
Harinagar Sugar Mills Ltd
Food Products
Sugar
286.84
269.57
-17.27
777 1410
Protochem Industries Pvt Ltd
Diversified Manufacturing
Diversified
15.71
14.94
-0.77
778
0
Ambadi Enterprises Ltd
Clothing and Textile
Carpets, etc
61.33
62.25
0.92
779
0
Fimakem India Ltd
Chemicals & Petroleum Products
Calcium carbonates
33.42
42.99
9.57
780 1546
Interdril (Asia) Ltd
Machinery & Equipment
Weights & measures
46.00
46.00
0
781 1508
Interfit India Ltd
Metal Products
SG iron castings
24.15
17.37
-6.78
782
853
Rathi Graphic Technologies Ltd
Chemicals & Petroleum Products
Chemicals for photographic uses
19.77
20.80
1.03
783
0
B L G Electronics Ltd
Electrical & Electronic Goods
Printed circuit boards
10.03
12.21
2.18
784
306
Investment & Precision Castings Ltd
Metal Products
Castings
67.50
74.07
6.57
785 1364
Indian Toners & Developers Ltd
Chemicals & Petroleum Products
Duplicating ink
31.87
25.69
-6.18
786
0
Circuit Systems (India) Ltd
Electrical & Electronic Goods
Printed circuit boards
39.47
40.50
1.03
787
788
Bharat Rasayan Ltd
Chemicals & Petroleum Products
Fenvalerate
101.43
93.92
-7.51
788
0
G G Automotive Gears Ltd
Automobile ancillaries
Parts of railways & tramways
8.93
18.02
9.09
789
850
Glory Polyfilms Ltd
Plastics & Polymers
Plastic film
120.88
177.17
56.29
790
0
Shri Chlochem Ltd
Chemicals & Petroleum Products
Monochloroacetic acid
9.14
44.49
35.35
23.10
24.50
1.40
0
0
791 1054
Shree Bharani Spinnings (India) Ltd
Clothing and Textile
High tenacity yarn of viscose rayon
792 1431
Riba Textiles Ltd
Clothing and Textile
Towels including turkish towels
49.09
53.93
4.84
793
0
Kriti Industries (India) Ltd
Plastics & Polymers
Plastic tubes & pipes
415.50
275.79
-139.71
794
204
Shilp Gravures Ltd
Machinery & Equipment
Printing machinery
51.59
55.03
3.44
795 1363
Aditya Ispat Ltd
Metal Products
Bars & rods
11.56
14.41
2.85
796 1138
Sunshield Chemicals Ltd
Chemicals & Petroleum Products
Phenols & their derivatives
68.65
84.80
16.15
797
Dynacons Systems & Solutions Ltd
Electrical & Electronic Goods
Computer systems
38.06
42.33
4.27
798 1557
Sharda Ispat Ltd
Iron & Steel
Alloy steel
29.22
38.75
9.53
799 1191
Indian Furniture Products Ltd
Paper & Wood Products
Furniture
99.34
130.89
31.55
800
Shree Laxmi Infosolutions & Jewellary Ltd
Gems & Jewellery
Jewellery of gold
81.53
74.72
-6.81
801 1185
Suraj Products Ltd
Iron & Steel
Sponge iron
55.91
66.11
10.20
802 1126
Anjani Portland Cement Ltd
Cement
Cement
148.53
215.68
67.15
803
Aurangabad Motor Mfrs Pvt Ltd
Machinery & Equipment
Evaporators & Condensors
61.68
67.44
5.76
Blue Chip Tex Inds Ltd
Clothing and Textile
Textured yarn of synthetic filament yarn
9.62
12.12
2.50
805 1146
Mewar Polytex Ltd
Plastics & Polymers
Sacks & bags of polyethylene
26.84
31.24
4.40
806
Kaycee Industries Ltd
Electrical & Electronic Goods
Rotary switches
28.13
30.32
2.19
804
791
0
221 0
829
192
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
27%
1.56
1.99
0.41
0.48
0.07
17%
1.10
0.96
-0.14%
-13%
1%
1%
14%
21.30
20.40
4.64
2.33
-2.31
-50%
2.70
1.08
-1.62%
-60%
3%
1%
0%
3.55
3.55
1.25
1.25
0
0%
0.47
0.47
0.00%
0%
0%
0%
-6%
44.06
32.66
17.52
9.52
-8
-46%
5.94
2.97
-2.97%
-50%
6%
4%
-5%
2.00
0.62
0.92
0.29
-0.63
-68%
2.76
4.53
1.77%
64%
6%
2%
2%
9.96
6.30
4.81
3.56
-1.25
-26%
3.50
2.61
-0.89%
-25%
8%
6%
29%
6.29
5.45
1.85
1.29
-0.56
-30%
5.18
2.90
-2.28%
-44%
6%
3%
0%
11.11
11.11
1.19
1.19
0
0%
2.54
2.54
0.00%
0%
3%
3%
-28%
2.18
1.68
0.94
0.64
-0.30
-32%
1.81
2.92
1.11%
61%
4%
4%
5%
3.30
3.20
1.30
1.15
-0.15
-12%
6.60
5.66
-0.94%
-14%
7%
6%
22%
0.91
0.98
0.12
0.19
0.07
58%
1.19
1.55
0.36%
30%
1%
2%
10%
12.76
12.66
5.51
3.26
-2.25
-41%
7.94
3.72
-4.22%
-53%
8%
4%
-19%
5.62
3.62
2.22
1.51
-0.71
-32%
5.66
5.41
-0.25%
-4%
7%
6%
3%
5.20
3.34
0.73
0.20
-0.53
-73%
1.44
2.80
1.36%
94%
2%
0%
-7%
10.07
10.19
5.81
5.89
0.08
1%
5.60
2.17
-3.43%
-61%
6%
6%
102%
1.31
3.09
0.35
0.23
-0.12
-34%
5.81
3.85
-1.96%
-34%
4%
1%
47%
18.02
19.81
3.96
0.51
-3.45
-87%
3.26
0.43
-2.83%
-87%
3%
0%
387%
1.32
2.33
0.24
0.31
0.07
29%
2.98
0.69
-2.29%
-77%
3%
1%
6%
2.36
2.69
0.30
0.45
0.15
50%
1.38
1.75
0.37%
27%
1%
2%
10%
5.21
5.39
0.20
0.30
0.10
50%
0.41
0.56
0.15%
37%
0%
1%
-34%
32.31
19.63
9.11
4.96
-4.15
-46%
2.18
1.79
-0.39%
-18%
2%
2%
7%
16.92
14.21
5.13
3.34
-1.79
-35%
10.36
4.68
-5.68%
-55%
10%
6%
25%
0.50
0.84
0.15
0.21
0.06
40%
1.30
1.46
0.16%
12%
1%
1%
24%
9.39
8.71
3.05
1.61
-1.44
-47%
4.37
1.89
-2.48%
-57%
4%
2%
11%
2.36
3.33
0.73
0.77
0.04
5%
2.10
1.93
-0.17%
-8%
2%
2%
33%
1.97
2.55
0.60
0.36
-0.24
-40%
1.06
0.92
-0.14%
-13%
2%
1%
32%
7.43
6.55
2.06
0.74
-1.32
-64%
1.97
0.56
-1.41%
-72%
2%
1%
-8%
14.76
8.93
12.16
5.18
-6.98
-57%
14.87
6.92
-7.95%
-53%
15%
7%
18%
7.63
6.63
1.41
1.08
-0.33
-23%
2.48
1.66
-0.82%
-33%
3%
2%
45%
27.19
39.67
11.69
0.58
-11.11
-95%
7.85
0.34
-7.51%
-96%
8%
0%
9%
7.79
4.96
4.56
2.28
-2.28
-50%
5.78
3.53
-2.25%
-39%
7%
3%
26%
0.74
0.77
0.37
0.39
0.02
5%
3.80
3.19
-0.61%
-16%
4%
3%
16%
3.92
3.18
0.71
0.74
0.03
4%
2.86
2.38
-0.48%
-17%
3%
2%
8%
1.91
2.29
1.05
1.01
-0.04
-4%
3.72
3.20
-0.52%
-14%
4%
3%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
193
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
807 1196
Panchsheel Organics Ltd
Pharmaceuticals
Drugs, medicines & allied products
23.61
26.58
2.97
808 1379
Ankur Chemfood Ltd
Food Products
Iodised salt
129.65
145.38
15.73
809
0
Lyka Labs Ltd
Pharmaceuticals
Drug formulations
124.2
124.2
0
810
0
Kavi Commercial Co Ltd
Diversified Manufacturing
Diversified
141.21
113.57
-27.64
811
974
Somi Conveyor Beltings Ltd
Rubber Products
Conveyor belting
25.25
27.48
2.23
812
491
Sirhind Steel Ltd
Metal Products
Bars & rods
73.01
73.82
0.81
813
0
Duncans Tea Ltd
Food Products
Tea
145.95
145.95
0
814
0
Tirupati Sugars Ltd
Food Products
Sugar
87.85
161.86
74.01
815
0
Asian Paints Industrial Coatings Ltd
Chemicals & Petroleum Products
Industrial paints
73.11
82.02
8.91
816 1008
Oswal Spinning & Wvg Mills Ltd
Clothing and Textile
Cotton yarn
117.81
117.81
0
817 1466
Meenakshi (India) Ltd
Clothing and Textile
Apparels (Readymade garment)
26.26
26.87
0.61
818
335
Century Extrusions Ltd
Non Ferrous Metals
Other aluminium products
132.96
180.33
47.37
819
895
Rajkumar Forge Ltd
Metal Products
Forgings
34.50
33.28
-1.22
820
0
White Diamond Inds Ltd
Gems & Jewellery
Diamonds
7.41
15.86
8.45
821
0
Uniroyal Industries Ltd
Clothing and Textile
Textile labels, badges, etc
10.49
13.14
2.65
822 1064
National General Inds Ltd
Metal Products
Bars & rods
21.64
45.02
23.38
823
445
Air Control & Chemical Engg Co Ltd
Machinery & Equipment
Non-electrical machinery
22.14
23.57
1.43
824
53
Hari Machines Ltd
Machinery & Equipment
Other industrial machinery
207.11
164.88
-42.23
825 1241
Keerthi Industries Ltd
Cement
Cement
77.90
93.57
15.67
826
Astec Lifesciences Ltd
Chemicals & Petroleum Products
Chemicals
116.38
115.07
-1.31
45.63
45.74
0.11
312
827
920
Tyche Industries Ltd
Pharmaceuticals
Drugs, medicines & allied products
828
287
Haryana Leather Chemicals Ltd
Chemicals & Petroleum Products
Leather auxilliaries
34.67
37.50
2.83
829
520
Goldstone Infratech Ltd
Electrical Equipment
Electrical insulators
70.35
72.95
2.60
830 1273
Bhatkawa Tea Inds Ltd
Food Products
Tea
16.82
15.79
-1.03
831 1265
Rolcon Engineering Co Ltd
Metal Products
Chains & anchors of iron & steel
32.02
37.61
5.59
832
Surya Fresh Foods Ltd
Food Products
Fruit juice
47.47
46.03
-1.44
833 1365
Rashtraudhyog Ltd
Non Ferrous Metals
Aluminium castings
16.49
25.84
9.35
834 1445
Vishal Malleables Ltd
Metal Products
Castings
64.83
78.35
13.52
835
0
Sulzer Chemtech Tower Field Services (India) Pvt Ltd
Chemicals & Petroleum Products
Fertilisers
16.25
22.94
6.69
836
471
Ganpati Sugar Inds Ltd
Food Products
Sugar
119.99
140.81
20.82
837
0
Woco Motherson Elastomer Ltd
Rubber Products
Rubber & rubber products
31.58
29.33
-2.25
69.53
48.34
-21.19
891
838
0
Ashtech Infotech Pvt Ltd
Electrical & Electronic Goods
Data processing systems & office equipment
839
874
Samtex Fashions Ltd
Clothing and Textile
Men's suits, trousers, etc
57.82
59.48
1.66
840
952
India Gelatine & Chemicals Ltd
Chemicals & Petroleum Products
Gelatin
82.01
87.60
5.59
194
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
13%
2.18
2.18
0.91
0.71
-0.20
-22%
3.60
3.31
-0.29%
-8%
4%
3%
12%
11.00
12.97
1.59
0.77
-0.82
-52%
0.92
0.62
-0.30%
-33%
1%
1%
0%
16.98
16.98
1.08
1.08
0
0%
0.74
0.74
0.00%
0%
1%
1%
-20%
18.45
9.56
11.86
5.62
-6.24
-53%
8.34
4.85
-3.49%
-42%
8%
5%
9%
6.09
6.08
1.55
1.23
-0.32
-21%
6.01
4.42
-1.59%
-26%
6%
4%
1%
6.78
3.83
5.7
3.27
-2.43
-43%
7.26
4.28
-2.98%
-41%
8%
4%
0%
6.87
6.87
0.74
0.74
0
0%
0.91
0.91
0.00%
0%
1%
1%
84%
23.65
13.29
18.30
0.43
-17.87
-98%
20.17
0.21
-19.96%
-99%
21%
0%
12%
9.62
5.74
5.03
2.76
-2.27
-45%
7.63
2.70
-4.93%
-65%
7%
3%
0%
15.70
15.70
0.99
0.99
0
0%
0.77
0.77
0.00%
0%
1%
1%
2%
2.78
2.70
0.86
0.86
0
0%
3.18
2.96
-0.22%
-7%
3%
3%
36%
13.70
10.44
5.35
0.58
-4.77
-89%
3.96
0.48
-3.48%
-88%
4%
0%
-4%
7.19
5.70
3.36
2.26
-1.10
-33%
8.56
5.83
-2.73%
-32%
10%
7%
114%
-0.28
0.31
-0.25
0.18
0.43
-172%
2.24
1.12
-1.12%
-50%
-3%
1%
25%
4.08
4.01
1.55
0.87
-0.68
-44%
12.97
5.96
-7.01%
-54%
15%
7%
108%
0.81
1.27
0.31
0.22
-0.09
-29%
1.42
0.40
-1.02%
-72%
1%
0%
6%
2.77
3.04
1.48
0.97
-0.51
-34%
6.51
5.35
-1.16%
-18%
7%
4%
-20%
36.78
23.33
16.13
6.32
-9.81
-61%
5.73
3.25
-2.48%
-43%
8%
4%
20%
12.63
14.06
4.19
1.77
-2.42
-58%
5.50
1.88
-3.62%
-66%
5%
2%
-1%
25.88
17.59
13.21
5.08
-8.13
-62%
11.79
4.42
-7.37%
-63%
11%
4%
0%
5.99
4.75
3.66
2.43
-1.23
-34%
8.05
4.97
-3.08%
-38%
8%
5%
8%
4.69
4.04
3.04
1.86
-1.18
-39%
8.28
4.89
-3.39%
-41%
9%
5%
4%
14.72
11.40
6.74
3.24
-3.50
-52%
9.24
4.38
-4.86%
-53%
10%
4%
-6%
1.76
1.59
0.91
0.71
-0.20
-22%
4.37
4.19
-0.18%
-4%
5%
4%
17%
3.39
2.93
1.44
1.01
-0.43
-30%
3.95
2.69
-1.26%
-32%
4%
3%
-3%
6.28
5.45
3.41
2.33
-1.08
-32%
7.63
5.11
-2.52%
-33%
7%
5%
57%
0.29
0.77
0.10
0.11
0.01
10%
0.60
0.42
-0.18%
-30%
1%
0%
21%
4.18
4.74
0.43
0.31
-0.12
-28%
0.42
0.28
-0.14%
-33%
1%
0%
41%
4.07
3.68
1.94
1.04
-0.90
-46%
11.83
2.60
-9.23%
-78%
12%
5%
17%
22.82
15.50
7.96
2.10
-5.86
-74%
11.36
1.57
-9.79%
-86%
7%
1%
-7%
7.57
4.58
4.37
2.48
-1.89
-43%
12.71
7.27
-5.44%
-43%
14%
8%
-30%
5.11
2.66
1.09
0.81
-0.28
-26%
1.03
1.42
0.39%
38%
2%
2%
3%
5.99
6.14
1.05
0.98
-0.07
-7%
1.84
1.64
-0.20%
-11%
2%
2%
7%
14.99
9.47
6.74
2.77
-3.97
-59%
8.18
3.34
-4.84%
-59%
8%
3%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
195
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
841 1479
I P I Steel Ltd
Iron & Steel
Semi-finished Steel
50.02
47.97
-2.05
842
115
Kakatiya Textiles Ltd
Clothing and Textile
Cotton yarn
19.61
25.02
5.41
843
0
Surya Global Steel Tubes Ltd
Metal Products
ERW tubes & pipes
98.80
98.80
0
844 1402
Novel Sugar Ltd
Food Products
Sugar
28.03
53.33
25.30
845
0
Veejay Terry Products Ltd
Clothing and Textile
Cotton yarn
16.06
22.43
6.37
846
789
Gujarat Petrosynthese Ltd
Plastics & Polymers
Polyacetals
10.20
11.92
1.72
847 1035
Denis Chem Lab Ltd
Pharmaceuticals
Other pharmaceutical products
30.80
34.86
4.06
848 1082
Satyakala Agro Oil Products Ltd
Food Products
Rice bran oil
53.53
53.35
-0.18
849
0
Plus Paper Foodpac Ltd
Paper & Wood Products
Cartons, boxes, cases, etc
37.11
37.11
0
850
238
Haileyburia Tea Estates Ltd
Food Products
Tea
16.18
12.59
-3.59
851 1111
K G Petrochem Ltd
Clothing and Textile
Towels including turkish towels
62.76
81.13
18.37
852
Peria Karamalai Tea & Produce Co Ltd
Food Products
Tea
40.08
35.08
-5.00
853 1387
Mukesh Strips Ltd
Metal Products
Articles of iron & steel
41.08
46.04
4.96
854
Sita Shree Food Products Ltd
Food Products
Wheat flour
135.26
136.86
1.60
855 1161
Virat Industries Ltd
Clothing and Textile
Apparels - knitted / crocheted
13.53
15.30
1.77
856 1347
Dhanlaxmi Fabrics Ltd
Clothing and Textile
Cloth processed
48.48
51.04
2.56
857
0
Punit Commercials Ltd
Gems & Jewellery
Diamonds
8.47
17.19
8.72
858
0
Rajasthan Tube Mfg Co Ltd
Metal Products
Tubes & pipes
70.11
75.77
5.66
859
0
Benzo Petro International Ltd
Chemicals & Petroleum Products
Ortho-chloro-benzaldehyde
105.79
71.88
-33.91
860
847
Southern Gas Ltd
Chemicals & Petroleum Products
Hydrogen, rare & other gases
16.15
20.04
3.89
861
783
Gontermann-Peipers (India) Ltd
Metal Products
Flat products
146.57
172.56
25.99
862 1272
Crimson Metal Engg Co Ltd
Metal Products
Tubes & pipes
70.54
89.11
18.57
863 1142
Bemco Hydraulics Ltd
Machinery & Equipment
Hydraulic presses
19.47
25.88
6.41
864 1280
Apis India Ltd
Food Products
Honey
57.94
61.57
3.63
865
0
Tamilnadu Steel Tubes Ltd
Metal Products
Tubes & pipes
82.09
88.99
6.90
866
714
Sunil Agro Foods Ltd
Food Products
Wheat flour
70.46
76.42
5.96
17.77
24.07
6.30
194
668
867 1525
Naval Technoplast Inds Ltd
Machinery & Equipment
Auxiliary machinery used in textile machinery
868
0
J B Mangharam Foods Pvt Ltd
Food Products
Biscuits
19.15
21.18
2.03
869
647
Gopal Iron & Steels Co (Gujarat) Ltd
Iron & Steel
Finished Steel (Non-Alloy Steel)
69.12
43.95
-25.17
Bharat Wire Ropes Ltd
Electrical Equipment
90.44
83.95
-6.49
871 1442
Premier Polyfilm Ltd
Plastics & Polymers
Electrical machinery other than electronics Other sheets, films & foils of plastics
54.31
58.78
4.47
872 1147
Kakatiya Cement Sugar & Inds Ltd
Cement
Cement
129.65
105.18
-24.47
873
0
M & B Switchgears Ltd
Electrical Equipment
Transformers
42.38
37.07
-5.31
874
155
Shri Nataraj Ceramic & Chemical Inds Ltd
Glass, Ceramics & Refractories
Other refractories
99.88
88.01
-11.87
870
0
196
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
-4%
2.17
2.30
1.02
0.79
-0.23
-23%
0.58
0.77
0.19%
33%
2%
2%
28%
1.49
2.83
3.33
1.23
-2.10
-63%
29.90
4.88
-25.02%
-84%
17%
5%
0%
12.37
12.37
0.74
0.74
0
0%
0.76
0.76
0.00%
0%
1%
1%
90%
6.47
4.88
0.25
0.03
-0.22
-88%
0.89
0.06
-0.83%
-93%
1%
0%
40%
3.71
3.70
0.35
0.40
0.05
14%
2.30
1.34
-0.96%
-42%
2%
2%
17%
1.19
1.10
0.7
0.54
-0.16
-23%
5.68
4.00
-1.68%
-30%
7%
5%
13%
3.46
4.10
0.66
0.63
-0.03
-5%
2.14
1.80
-0.34%
-16%
2%
2%
0%
2.64
2.45
1.24
1.11
-0.13
-10%
2.21
2.01
-0.20%
-9%
2%
2%
0%
5.03
5.03
0.68
0.68
0
0%
1.82
1.82
0.00%
0%
2%
2%
-22%
3.81
2.29
2.74
1.41
-1.33
-49%
16.82
11.01
-5.81%
-35%
17%
11%
29%
7.53
10.36
0.99
0.66
-0.33
-33%
3.34
0.79
-2.55%
-76%
2%
1%
-12%
13.53
6.63
11.28
4.81
-6.47
-57%
26.47
4.90
-21.57%
-81%
28%
14%
12%
1.44
1.44
0.3
0.32
0.02
7%
0.72
0.67
-0.05%
-7%
1%
1%
1%
5.17
4.26
1.19
0.94
-0.25
-21%
0.90
0.74
-0.16%
-18%
1%
1%
13%
3.31
2.14
1.46
0.87
-0.59
-40%
10.20
5.76
-4.44%
-44%
11%
6%
5%
6.59
7.89
0.64
1.43
0.79
123%
1.09
0.39
-0.70%
-64%
1%
3%
103%
0.10
0.05
0.01
0.01
0
0%
0.12
0.06
-0.06%
-50%
0%
0%
8%
2.77
3.41
0.7
1.12
0.42
60%
1.00
0.24
-0.76%
-76%
1%
1%
-32%
3.08
7.17
1.26
0.96
-0.30
-24%
1.16
1.23
0.07%
6%
1%
1%
24%
3.20
3.53
1.04
0.81
-0.23
-22%
5.63
2.62
-3.01%
-53%
6%
4%
18%
25.24
20.57
5.13
0.90
-4.23
-82%
2.11
0.09
-2.02%
-96%
4%
1%
26%
5.38
2.12
4.28
1.00
-3.28
-77%
4.19
0.79
-3.40%
-81%
6%
1%
33%
3.48
3.67
0.58
0.42
-0.16
-28%
2.63
1.48
-1.15%
-44%
3%
2%
6%
2.59
3.04
1.24
0.82
-0.42
-34%
2.15
1.64
-0.51%
-24%
2%
1%
8%
-0.67
1.6
-3.61
0.01
3.62
-100%
1.57
0.40
-1.17%
-75%
-4%
0%
8%
2.13
2.26
0.51
0.45
-0.06
-12%
0.71
0.52
-0.19%
-27%
1%
1%
35%
2.35
2.45
0.19
0.17
-0.02
-11%
1.12
0.71
-0.41%
-37%
1%
1%
11%
2.06
1.57
1.01
0.71
-0.30
-30%
3.29
2.41
-0.88%
-27%
5%
3%
-36%
2.61
2.51
0.64
0.50
-0.14
-22%
0.92
1.15
0.23%
25%
1%
1%
-7%
8.66
11.79
5.58
2.43
-3.15
-56%
6.08
3.61
-2.47%
-41%
6%
3%
8%
4.42
3.67
2.15
0.98
-1.17
-54%
2.11
1.45
-0.66%
-31%
4%
2%
-19%
24.84
11.76
11.19
3.91
-7.28
-65%
8.53
3.64
-4.89%
-57%
9%
4%
-13%
3.61
3.39
0.93
0.75
-0.18
-19%
2.16
2.06
-0.10%
-5%
2%
2%
-12%
18.50
9.45
10.18
3.55
-6.63
-65%
9.79
3.89
-5.90%
-60%
10%
4%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
197
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
875 1512
Anant Syntex Ltd
Clothing and Textile
Cloth processed
35.23
40.26
5.03
876
0
Snowtex Udyog Ltd
Glass, Ceramics & Refractories
Refractory bricks
28.65
30.63
1.98
877
828
Roopa Industries Ltd
Pharmaceuticals
Drugs, medicines & allied products
29.26
34.15
4.89
878 1060
Mark Steels Ltd
Metal Products
Iron & steel
62.80
66.55
3.75
879
90
I T L Industries Ltd
Machinery & Equipment
Sawing or cutting off machines
67.45
53.46
-13.99
880
693
Krypton Industries Ltd
Diversified Manufacturing
Diversified
23.89
24.93
1.04
881
61
Tasty Bite Eatables Ltd
Food Products
Semi processed snacks & foods
72.28
81.41
9.13
882
0
Yamuna Power & Infrastructure Ltd
Wires & Cables
Wires & cables
102.40
57.67
-44.73
883
182
C G Lucy Switchgear Ltd
Electrical Equipment
Switching apparatus
93.09
63.07
-30.02
884 1013
Sitaram Ayurveda Pharmacy Ltd
Pharmaceuticals
Ayurvedic & unani medicaments
13.24
17.03
3.79
885 1071
Unique Organics Ltd
Food Products
Spices & Condiments
54.09
60.20
6.11
886 1022
Chemcel Biotech Ltd
Chemicals & Petroleum Products
Pesticides
45.76
50.22
4.46
887 1114
Lubi Electricals Ltd
Diversified Manufacturing
Diversified
98.30
114.59
16.29
888
323
Aishwarya Telecom Ltd
Electrical Equipment
Other communication equipment
42.99
36.02
-6.97
889
571
Daikaffil Chemicals India Ltd
Chemicals & Petroleum Products
Dyes
19.53
20.71
1.18
890 1222
Cabb Karnavati Rasayan Ltd
Chemicals & Petroleum Products
Monochloroacetic acid
64.16
70.77
6.61
891
169
Glass Equipment (India) Ltd
Machinery & Equipment
Other industrial machinery
39.59
26.90
-12.69
892
367
Indian Card Clothing Co Ltd
Clothing and Textile
Metallised yarn
53.89
58.42
4.53
893
0
Sunlord Apparels Mfg Co Ltd
Clothing and Textile
Apparels (Readymade garment)
36.43
44.37
7.94
24.22
40.50
16.28
894
0
Aditya Forge Ltd
Metal Products
Miscellaneous articles of base metals
895
0
Thirumagal Mills Ltd
Clothing and Textile
Cotton yarn
14.28
19.36
5.08
896
0
Kimplas Piping Systems Ltd
Machinery & Equipment
Valves
39.43
39.43
0
897
638
Safepack Industries Ltd
Diversified Manufacturing
Diversified
38.06
48.35
10.29
898 1426
Mimansa Jewellery Pvt Ltd
Gems & Jewellery
Diamonds
26.75
32.95
6.20
899
628
U M Cables Ltd
Wires & Cables
Jelly filled cables
140.24
90.80
-49.44
900
0
Premier Pipes Ltd
Metal Products
Tubes & pipes
20.71
42.12
21.41
901
0
Patiala Flour Mills Co Ltd
Food Products
Wheat flour
105.21
109.36
4.15
902
0
Brilliant Bio Pharma Ltd
Pharmaceuticals
Vaccines for veterniary medicines
8.41
12.85
4.44
903
0
Sagar Petroleums Ltd
Chemicals & Petroleum Products
Lube oils & lubricants
8.31
10.26
1.95
904 1430
Seasons Textiles Ltd
Clothing and Textile
Cloth (Fabrics)
35.50
36.51
1.01
905
G R M Overseas Ltd
Food Products
Rice
275.67
170.08
-105.59
906 1204
Subh Laxmi Syntex Ltd
Clothing and Textile
Cloth (Fabrics)
33.46
36.77
3.31
907 1224
Cherma'S Exquisite Ltd
Clothing and Textile
Apparels (Readymade garment)
129.65
133.08
3.43
908 1405
Pankaj Polymers Ltd
Plastics & Polymers
Sacks & bags of polyethylene
25.97
27.51
1.54
779
198
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
14%
3.01
3.12
0.27
0.30
0.03
11%
0.99
0.75
-0.24%
-24%
1%
1%
7%
3.86
3.26
1.59
1.01
-0.58
-36%
5.35
3.27
-2.08%
-39%
6%
3%
17%
1.52
1.76
0.29
0.48
0.19
66%
2.52
1.40
-1.12%
-44%
1%
1%
6%
4.08
3.71
1.29
0.97
-0.32
-25%
1.94
1.22
-0.72%
-37%
2%
1%
-21%
11.49
5.46
5.000
2.17
-2.83
-57%
7.45
4.56
-2.89%
-39%
7%
4%
4%
3.24
3.89
0.86
0.70
-0.16
-19%
3.73
2.84
-0.89%
-24%
4%
3%
13%
14.14
6.33
6.97
1.88
-5.09
-73%
8.97
1.77
-7.20%
-80%
10%
2%
-44%
11.64
7.22
4.03
2.06
-1.97
-49%
3.76
2.79
-0.97%
-26%
4%
4%
-32%
12.05
4.80
6.85
3.08
-3.77
-55%
7.16
3.67
-3.49%
-49%
7%
5%
29%
0.77
0.77
0.13
0.12
-0.01
-8%
0.90
0.70
-0.20%
-22%
1%
1%
11%
2.53
1.38
0.97
0.48
-0.49
-51%
1.42
0.92
-0.50%
-35%
2%
1%
10%
3.18
2.72
1.37
0.87
-0.50
-36%
2.99
1.73
-1.26%
-42%
3%
2%
17%
9.23
5.65
3.95
0.88
-3.07
-78%
3.79
0.67
-3.12%
-82%
4%
1%
-16%
9.06
4.96
6.21
2.15
-4.06
-65%
13.62
5.81
-7.81%
-57%
14%
6%
6%
3.05
1.95
1.62
0.96
-0.66
-41%
8.27
4.19
-4.08%
-49%
8%
5%
10%
9.01
4.93
3.23
1.37
-1.86
-58%
5.41
1.91
-3.50%
-65%
5%
2%
-32%
9.83
4.36
5.56
1.80
-3.76
-68%
13.94
6.91
-7.03%
-50%
14%
7%
8%
10.20
9.29
4.55
2.24
-2.31
-51%
6.40
1.37
-5.03%
-79%
8%
4%
22%
2.38
2.18
0.72
0.32
-0.40
-56%
1.44
0.76
-0.68%
-47%
2%
1%
67%
2.23
1.39
1.18
0.31
-0.87
-74%
5.03
0.22
-4.81%
-96%
5%
1%
36%
3.10
4.23
0.11
0.11
0
0%
0.89
0.49
-0.40%
-45%
1%
1%
0%
5.19
5.19
0.16
0.16
0
0%
1.19
1.19
0.00%
0%
0%
0%
27%
2.76
2.71
0.76
0.36
-0.40
-53%
2.07
0.62
-1.45%
-70%
2%
1%
23%
0.68
0.97
0.19
0.14
-0.05
-26%
0.71
0.42
-0.29%
-41%
1%
0%
-35%
18.01
8.27
5.09
2.00
-3.09
-61%
2.91
2.06
-0.85%
-29%
4%
2%
103%
10.82
4.04
3.50
0.24
-3.26
-93%
16.60
0.57
-16.03%
-97%
17%
1%
4%
1.79
1.51
0.78
0.47
-0.31
-40%
0.74
0.42
-0.32%
-43%
1%
0%
53%
2.27
3.60
0.48
0.23
-0.25
-52%
5.03
1.63
-3.40%
-68%
6%
2%
23%
0.92
0.70
0.47
0.29
-0.18
-38%
5.60
2.90
-2.70%
-48%
6%
3%
3%
6.62
6.46
0.47
0.51
0.04
9%
2.22
1.60
-0.62%
-28%
1%
1%
-38%
10.14
7.21
3.68
1.6
-2.08
-57%
1.36
0.94
-0.42%
-31%
1%
1%
10%
4.07
4.16
0.17
0.20
0.03
18%
0.51
0.41
-0.10%
-20%
1%
1%
3%
11.31
10.04
0.92
0.49
-0.43
-47%
0.71
0.37
-0.34%
-48%
1%
0%
6%
1.68
1.90
0.27
0.21
-0.06
-22%
0.65
0.62
-0.03%
-5%
1%
1%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
199
NET SALES (Rs Crore)
INDUSTRIAL ACTIVITY
INDUSTRY SECTOR
2012 2011 Change
909
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
602
Sanjivani Paranteral Ltd
Pharmaceuticals
Antibiotics
139.39
144.45
5.06
910 1186
S B & T International Ltd
Gems & Jewellery
Jewellery
129.09
129.96
0.87
911
Burnpur Cement Ltd
Cement
Cement
30.77
30.83
0.06
9.73
11.13
1.40
0
912
0
Kamron Laboratories Ltd
Pharmaceuticals
Drugs, medicines & allied products
913
0
Kalpena Plastiks Ltd
Plastics & Polymers
Plastic Products
102.55
18.86
-83.69
914
0
Sharp India Ltd
Electrical & Electronic Goods
Television receivers
114.54
120.81
6.27
20.39
18.98
-1.41
915
509
Spice Islands Apparels Ltd
Clothing and Textile
Apparels - not knitted / crocheted
916
0
Mayur Dye-Chem Intermediates Ltd
Chemicals & Petroleum Products
Dyes
161.08
156.38
-4.70
917
168
Joonktollee Tea & Inds Ltd
Food Products
Tea
52.97
49.41
-3.56
918
0
Santosh Fine-Fab Ltd
Clothing and Textile
Cloth (Fabrics)
23.86
26.14
2.28
919
770
Anand Engineers Pvt Ltd
Chemicals & Petroleum Products
Lube oils & lubricants
20.93
24.97
4.04
920
0
Jai Mata Glass Ltd
Glass, Ceramics & Refractories
Glass in mass
46.63
48.10
1.47
921 1254
Polycon International Ltd
Plastics & Polymers
Builders wares of plastics
42.15
35.47
-6.68
922
59
International Conveyors Ltd
Plastics & Polymers
PVC belt conveyor
90.38
80.00
-10.38
923
0
Shroffs Engineering Ltd
Machinery & Equipment
Pumps
41.66
48.73
7.07
924 1052
Cement International Ltd
Cement
Cement
44.63
27.90
-16.73
925
0
Winsome Breweries Ltd
Food Products
Beer
48.31
37.40
-10.91
926
117
Nitta Gelatin India Ltd
Chemicals & Petroleum Products
Chemicals
199.51
207.48
7.97
927 1257
G G Dandekar Machine Works Ltd
Machinery & Equipment
Rice mill machinery
19.26
16.57
-2.69
928 1136
Salguti Industries Ltd
Plastics & Polymers
Sacks & bags of polyethylene
71.38
74.16
2.78
929 1392
Garware Marine Inds Ltd
Clothing and Textile
Fishing nets
12.20
10.92
-1.28
930
187
R R L Steels Ltd
Metal Products
Castings
29.51
18.58
-10.93
931
0
Delton Cables Ltd
Wires & Cables
Wires & cables, insulated
151.05
135.60
-15.45
932
0
Vivid Global Inds Ltd
Chemicals & Petroleum Products
Amine function compounds
12.74
13.13
0.39
933
0
Khandelwal Extractions Ltd
Food Products
Oil cakes & meals
8.43
10.42
1.99
934 1092
Star Delta Transformers Ltd
Electrical Equipment
Distribution transformers
75.83
68.20
-7.63
935 1436
Texplast Industries Ltd
Plastics & Polymers
Sacks & bags
29.75
30.83
1.08
936
0
Balaji Galvanising Inds Ltd
Metal Products
Stainless steel wires
9.97
10.46
0.49
937
439
Integrated Thermoplastics Ltd
Plastics & Polymers
Tubes, pipes & hoses, flexible
98.30
87.00
-11.30
938 1168
Mangalam Ventures Ltd
Clothing and Textile
Apparels - knitted / crocheted
34.40
38.10
3.70
939
Celebrations Apparel Ltd
Clothing and Textile
Apparels - knitted / crocheted
18.04
18.06
0.02
940 1567
Nagreeka Foils Ltd
Plastics & Polymers
Other articles of iron & steel
42.28
45.54
3.26
941 1117
Vallabh Steels Ltd
Metal Products
Iron & steel
248.78
224.51
-24.27
942 1571
Rainbow Agri Inds Ltd
Food Products
Animal and bird feeds
20.77
20.77
0
0
200
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
4%
12.5
9.77
3.60
0.42
-3.18
-88%
2.57
1.52
-1.05%
-41%
3%
0%
1%
8.82
5.65
0.34
0.21
-0.13
-38%
0.26
0.16
-0.10%
-38%
0%
0%
0%
2.91
2.71
0.65
0.49
-0.16
-25%
1.94
1.57
-0.37%
-19%
2%
2%
14%
0.84
0.88
0.10
0.10
0
0%
1.03
0.90
-0.13%
-13%
1%
1%
-82%
0.31
0.15
0.08
0.07
-0.01
-13%
0.08
0.36
0.28%
350%
0%
0%
5%
4.60
5.55
1.61
0.82
-0.79
-49%
1.08
0.20
-0.88%
-81%
1%
1%
-7%
4.90
3.06
3.30
1.09
-2.21
-67%
13.64
5.87
-7.77%
-57%
16%
6%
-3%
6.87
5.80
3.03
1.47
-1.56
-51%
1.94
0.93
-1.01%
-52%
2%
1%
-7%
12.44
6.62
6.22
2.06
-4.16
-67%
11.45
3.70
-7.75%
-68%
12%
4%
10%
1.38
1.24
0.06
0.06
0
0%
0.25
0.23
-0.02%
-8%
0%
0%
19%
2.12
1.64
1.28
0.60
-0.68
-53%
5.97
2.38
-3.59%
-60%
6%
2%
3%
4.18
2.47
2.84
1.52
-1.32
-46%
7.65
2.47
-5.18%
-68%
6%
3%
-16%
4.55
3.65
0.33
0.45
0.12
36%
0.76
0.67
-0.09%
-12%
1%
1%
-11%
29.27
11.41
12.96
2.75
-10.21
-79%
13.76
3.15
-10.61%
-77%
14%
3%
17%
4.48
2.50
2.06
0.70
-1.36
-66%
4.83
1.35
-3.48%
-72%
5%
1%
-37%
5.61
4.22
3.49
1.74
-1.75
-50%
4.52
2.33
-2.19%
-48%
8%
6%
-23%
4.89
2.99
0.72
0.48
-0.24
-33%
1.22
1.14
-0.08%
-7%
1%
1%
4%
40.58
14.34
25.46
1.89
-23.57
-93%
12.56
0.13
-12.43%
-99%
13%
1%
-14%
4.07
3.73
1.67
1.80
0.13
8%
8.47
0.72
-7.75%
-91%
9%
11%
4%
5.86
6.50
0.33
0.21
-0.12
-36%
0.46
0.28
-0.18%
-39%
0%
0%
-10%
1.42
1.11
0.72
0.42
-0.30
-42%
4.36
3.10
-1.26%
-29%
6%
4%
-37%
8.44
2.34
5.31
1.25
-4.06
-76%
17.75
6.31
-11.44%
-64%
18%
7%
-10%
11.8
10.02
1.84
0.97
-0.87
-47%
1.17
0.65
-0.52%
-44%
1%
1%
3%
1.05
0.59
0.71
0.45
-0.26
-37%
5.11
2.88
-2.23%
-44%
6%
3%
24%
0.91
0.56
0.35
0.19
-0.16
-46%
3.97
1.84
-2.13%
-54%
4%
2%
-10%
8.57
6.42
4.60
1.72
-2.88
-63%
6.04
2.57
-3.47%
-57%
6%
3%
4%
3.46
3.89
0.79
0.92
0.13
16%
2.78
0.51
-2.27%
-82%
3%
3%
5%
0.57
0.44
0.36
0.25
-0.11
-31%
3.61
2.39
-1.22%
-34%
4%
2%
-11%
3.51
3.63
1.40
0.77
-0.63
-45%
1.42
0.88
-0.54%
-38%
1%
1%
11%
2.49
2.54
0.60
0.07
-0.53
-88%
1.78
1.17
-0.61%
-34%
2%
0%
0%
5.08
4.04
2.09
0.68
-1.41
-67%
11.40
4.69
-6.71%
-59%
12%
4%
8%
5.03
4.79
0.39
0.41
0.02
5%
0.53
0.09
-0.44%
-83%
1%
1%
-10%
8.70
7.07
1.61
0.56
-1.05
-65%
0.65
0.25
-0.40%
-62%
1%
0%
0%
3.14
3.14
0.08
0.08
0
0%
0.14
0.14
0.00%
0%
0%
0%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
201
NET SALES (Rs Crore)
INDUSTRY SECTOR
2012 2011 Change
INDUSTRIAL ACTIVITY
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10
2010-11
RS Crore
943 1302
Alfa Ica (India) Ltd
Plastics & Polymers
Sheets, films, etc of plastic
36.38
43.67
7.29
944
963
Swaraj Automotives Ltd
Automobile ancillaries
Auto seating systems
74.95
74.28
-0.67
945
837
Indian Sucrose Ltd
Food Products
Sugar
103.84
114.71
10.87
946
0
Mysore Paints & Varnish Ltd
Chemicals & Petroleum Products
Printing ink
15.93
16.93
1.00
947 1024
Ravikumar Distilleries Ltd
Food Products
Indian made foreign liquors
97.72
98.87
1.15
948
Lohia Metals Pvt Ltd
Non Ferrous Metals
Lead
95.34
87.00
-8.34
54.45
48.94
-5.51
0
949
801
Suyash Laboratories Ltd
Pharmaceuticals
Drugs, medicines & allied products
950
640
Keltech Energies Ltd
Chemicals & Petroleum Products
Explosives
120.55
119.64
-0.91
951
0
Cubex Tubings Ltd
Non Ferrous Metals
Copper tubes & pipes
64.41
55.10
-9.31
952
740
Mid India Inds Ltd
Clothing and Textile
Cotton & blended yarn
25.76
33.46
7.70
953 1541
Add Corporation Ltd
Plastics & Polymers
Pens
26.54
26.13
-0.41
954
0
Balkrishna Synthetics Ltd
Clothing and Textile
Cloth processed
34.16
36.19
2.03
955
875
Zodiac-Jrd-Mkj Ltd
Gems & Jewellery
Diamonds
25.18
14.25
-10.93
956 1384
Pawan Power & Telecom Ltd
Wires & Cables
Cables & other conductors
23.29
26.40
3.11
957
0
Vadilal Dairy International Ltd
Food Products
Icecreams & kulfi
13.43
14.95
1.52
958
359
Hisar Metal Inds Ltd
Metal Products
Cold rolled coils, strips, sheets
160.69
159.54
-1.15
959 1237
Raj Packaging Inds Ltd
Plastics & Polymers
Plastic packaging goods
21.45
28.94
7.49
960
0
Super Seals India Ltd
Automobile ancillaries
Oil seals
23.84
26.50
2.66
961
0
Link Pharma Chem Ltd
Chemicals & Petroleum Products
Organic chemicals
11.80
14.43
2.63
962 1163
Deccan Polypacks Ltd
Plastics & Polymers
Sacks & bags
29.94
30.70
0.76
963
683
M I L Industries Ltd
Rubber Products
Unvulcanised rubber products
17.91
18.74
0.83
964
0
Seksaria Biswan Sugar Factory Pvt Ltd
Food Products
Sugar
187.33
168.96
-18.37
965 1045
Ador Multiproducts Ltd
Cosmetics & Soaps
Powders (Talcum powder)
13.09
11.91
-1.18
966
Leela Gold Designs Ltd
Gems & Jewellery
Jewellery of gold
28.26
25.99
-2.27
967 1173
Rangar Breweries Ltd
Food Products
Ethyl alcohol
51.34
43.62
-7.72
968 1061
Bajaj Steel Inds Ltd
Plastics & Polymers
Plastic Products
224.59
221.13
-3.46
969
0
Engo Tea Co Ltd
Food Products
Tea
18.83
20.01
1.18
970
943
Shri Keshav Cements & Infra Ltd
Cement
Cement
28.31
23.34
-4.97
971 1205
Jayshree Chemicals Ltd
Chemicals & Petroleum Products
Sodium hydroxide
54.62
34.60
-20.02
972
0
Surya Polyvin Ltd
Plastics & Polymers
Plastic tubes & pipes
18.84
19.45
0.61
973
0
Sulakshana Circuits Ltd
Electrical & Electronic Goods
Printed circuit boards
9.96
11.01
1.05
974
728
Unison Metals Ltd
Metal Products
Cold rolled coils, strips, sheets
33.03
18.33
-14.7
975
676
Resonance Specialties Ltd
Pharmaceuticals
Drug formulations
33.8
29.66
-4.14
Balanoor Plantations & Inds Ltd
Food Products
Plantation crops
11.58
13.04
1.46
0
976 1077
202
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage
2009-10
2010-11
2009-10
2010-11
RS Crore
Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore
Percentage
2009-10
2010-11 20010-11
20%
2.58
2.88
0.74
0.21
-0.53
-72%
2.03
0.48
-1.55%
-76%
2%
0%
-1%
6.37
3.02
3.48
1.34
-2.14
-61%
4.60
1.82
-2.78%
-60%
5%
2%
10%
22.16
22.05
4.55
0.63
-3.92
-86%
4.37
0.30
-4.07%
-93%
4%
1%
6%
2.77
1.07
1.79
0.58
-1.21
-68%
9.10
3.55
-5.55%
-61%
11%
3%
1%
6.37
6.90
1.80
0.88
-0.92
-51%
1.71
0.41
-1.30%
-76%
2%
1%
-9%
10.08
4.83
6.40
1.82
-4.58
-72%
6.77
2.21
-4.56%
-67%
7%
2%
-10%
9.03
6.80
2.31
1.08
-1.23
-53%
4.20
2.10
-2.10%
-50%
4%
2%
-1%
12.88
4.46
5.90
1.56
-4.34
-74%
4.90
1.29
-3.61%
-74%
5%
1%
-14%
3.54
2.85
1.87
0.93
-0.94
-50%
2.85
1.64
-1.21%
-42%
3%
2%
30%
1.07
0.45
0.75
0.11
-0.64
-85%
2.90
0.33
-2.57%
-89%
3%
0%
-2%
7.74
5.79
0.47
0.33
-0.14
-30%
1.98
1.34
-0.64%
-32%
2%
1%
6%
5.78
4.38
2.74
0.91
-1.83
-67%
7.02
1.83
-5.19%
-74%
8%
3%
-43%
2.16
0.78
1.34
0.43
-0.91
-68%
5.09
3.42
-1.67%
-33%
5%
3%
13%
1.06
1.02
0.43
0.21
-0.22
-51%
1.80
0.78
-1.02%
-57%
2%
1%
11%
0.82
0.42
0.58
0.19
-0.39
-67%
11.05
4.10
-6.95%
-63%
4%
1%
-1%
10.84
8.96
2.33
0.53
-1.80
-77%
1.45
0.34
-1.11%
-77%
1%
0%
35%
2.05
1.98
0.91
0.04
-0.87
-96%
4.24
0.10
-4.14%
-98%
4%
0%
11%
2.43
1.94
0.88
0.30
-0.58
-66%
3.68
1.28
-2.40%
-65%
4%
1%
22%
1.79
1.34
0.89
0.23
-0.66
-74%
7.47
1.47
-6.00%
-80%
8%
2%
3%
2.09
2.01
0.49
0.24
-0.25
-51%
1.63
0.78
-0.85%
-52%
2%
1%
5%
3.02
1.83
1.12
0.51
-0.61
-54%
5.03
1.53
-3.50%
-70%
6%
3%
-10%
33.89
10.15
20.62
1.12
-19.5
-95%
10.91
1.55
-9.36%
-86%
11%
1%
-9%
0.80
0.48
0.42
0.22
-0.20
-48%
3.11
1.84
-1.27%
-41%
3%
2%
-8%
1.29
1.02
0.42
0.24
-0.18
-43%
1.48
0.88
-0.60%
-41%
1%
1%
-15%
2.62
2.04
0.54
0.24
-0.3
-56%
1.02
0.62
-0.40%
-39%
1%
1%
-2%
27.15
13.25
10.24
0.46
-9.78
-96%
4.22
0.69
-3.53%
-84%
5%
0%
6%
1.05
1.05
0.13
0.30
0.17
131%
7.30
1.10
-6.20%
-85%
1%
1%
-18%
7.16
6.23
1.00
0.58
-0.42
-42%
3.52
1.49
-2.03%
-58%
4%
2%
-37%
9.13
3.73
4.73
1.08
-3.65
-77%
8.34
2.41
-5.93%
-71%
9%
3%
3%
0.90
1.02
0.16
0.08
-0.08
-50%
0.87
0.41
-0.46%
-53%
1%
0%
11%
1.91
1.56
0.11
0.11
0
0%
1.15
0.18
-0.97%
-84%
1%
1%
-45%
3.25
1.74
1.66
0.46
-1.20
-72%
4.59
2.42
-2.17%
-47%
5%
3%
-12%
4.76
3.00
1.87
0.58
-1.29
-69%
5.39
2.01
-3.38%
-63%
6%
2%
13%
2.29
1.72
1.13
0.45
-0.68
-60%
9.52
0.15
-9.37%
-98%
10%
3%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
203
NET SALES (Rs Crore)
INDUSTRIAL ACTIVITY
INDUSTRY SECTOR
2012 2011 2011 Change Change 2012
977
Manufacturing smbs
COMPANY
overall Rank
2.0 Top
2009-10 2009-10
2010-11 2010-11
RS Crore Crore RS
809
Tinna Overseas Ltd
Chemicals & Petroleum Products
Bitumen & asphalt
165.12
127.12
-38.00
978 1440
Modi Naturals Ltd
Food Products
Vegetable oils
115.81
110.37
-5.44
979
0
Anjana Explosives Ltd
Chemicals & Petroleum Products
Other explosives
11.41
12.51
1.10
980
968
Gravity (India) Ltd
Clothing and Textile
Man-made filaments & fibres
36.49
35.8
-0.69
981
928
Goldline Milkfood Ltd
Food Products
Milk
85.60
65.38
-20.22
Kunshan Rotam Reddy Pharmaceutical Co Ltd
Pharmaceuticals
Drugs, medicines & allied products
78.83
81.84
3.01
983 1524
Ocean Agro (India) Ltd
Chemicals & Petroleum Products
Pesticides
13.90
15.00
1.10
984 1346
Excella Pencils Ltd
Paper & Wood Products
Pencils
18.40
19.72
1.32
985 1116
Vasundhara Rasayans Ltd
Chemicals & Petroleum Products
Aluminium hydroxide
18.01
15.37
-2.64
986
414
Highland Produce Co Ltd
Food Products
Tea
48.63
43.70
-4.93
987
134
Barak Valley Cements Ltd
Cement
Cement
121.73
103.26
-18.47
21.02
16.44
-4.58
982
0
988 1084
Arcee Industries Ltd
Plastics & Polymers
Tubes, pipes & hoses of poly vinyl chloride
989
Punjab Formulations Ltd
Pharmaceuticals
IV fluids
51.96
47.61
-4.35
990 1322
Bhagiradha Chemicals & Inds Ltd
Chemicals & Petroleum Products
Chemicals
103.01
65.01
-38.00
991 1128
Ravalgaon Sugar Farm Ltd
Food Products
Sugar
64.21
29.37
-34.84
204
Cheaper, Cleaner Catalyst for Burning Methane
A
s the world’s accessible oil reses the burning of methane 30 times betserves dwindle, natural gas has ter than currently available catalysts. The become an increasing important enerdiscovery offers a way to completely exploit gy source. The primary component of energy from methane, potentially reducing natural gas is methane, which has the emissions of this powerful greenhouse gas advantage of releasing less carbon from vehicles that run on natural gas. The dioxide when it’s burned than many catalyst may also offer a cleaner and cheapother hydrocarbon fuels. But because er way of generating energy from catalytic of the very stable structure of the combustion in gas turbines. methane molecule, it can be difficult “It’s hard to come up with materials that to access the energy stored within. are active and stable enough to withstand When unburned methane escapes into the harsh conditions of methane combusA representation of the newly developed catalyst the atmosphere, a greenhouse gas tion,” says Raymond J Gorte, Professor in on an aluminium oxide that is 20 times more harmful than Penn’s Department of Chemical and Biomosurface depicts the coreshell structure carbon dioxide. lecular Engineering. “Our materials look Now, researchers from the Unipromising for some important applications.” versity of Pennsylvania, along with collaborators from Catalysts that are currently available to burn methItaly and Spain, have created a material that catalyane leave unburned methane to escape into the atmos-
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Credit: University of Pennsylvania
techwatch
447
PAT/NET SALES
CHANGE In ROCE
ROCE (%)
CHANGE in PAT
PAT (Rs Crore)
PBDITA (Rs Crore)
Percentage Percentage
2009-10 2009-10
2010-11 2010-11
2009-10 2009-10
2010-11 2010-11
RS Crore Crore RS
Percentage Percentage
2009-10 2009-10
2010-11 2010-11
RS Crore Crore RS
Percentage Percentage
2009-10 2009-10
20010-11 2010-11
-23%
7.32
5.95
3.36
0.67
-2.69
-80%
2.13
0.46
-1.67%
-78%
2%
1%
-5%
4.11
2.65
0.96
0.04
-0.92
-96%
0.85
0.03
-0.82%
-96%
1%
0%
10%
0.92
0.93
0.38
0.13
-0.25
-66%
3.30
1.03
-2.27%
-69%
3%
1%
-2%
0.78
0.71
0.20
0.10
-0.10
-50%
0.63
0.17
-0.46%
-73%
1%
0%
-24%
1.61
0.68
0.80
0.24
-0.56
-70%
0.93
0.37
-0.56%
-60%
1%
0%
4%
13.72
3.31
13.34
0.5
-12.84
-96%
16.45
0.81
-15.64%
-95%
17%
1%
8%
1.86
1.75
0.15
0.02
-0.13
-87%
1.08
0.20
-0.88%
-81%
1%
0%
7%
1.28
0.98
0.43
0.14
-0.29
-67%
2.23
0.10
-2.13%
-96%
2%
1%
-15%
2.49
1.92
0.92
0.25
-0.67
-73%
5.37
1.54
-3.83%
-71%
5%
2%
-10%
6.49
4.02
2.80
0.49
-2.31
-83%
5.50
0.81
-4.69%
-85%
6%
1%
-15%
23.61
11.78
13.18
0.58
-12.60
-96%
11.03
0.14
-10.89%
-99%
11%
1%
-22%
0.57
0.69
0.19
0.01
-0.18
-95%
0.86
0.12
-0.74%
-86%
1%
0%
-8%
6.04
3.87
2.46
0.23
-2.23
-91%
4.73
0.48
-4.25%
-90%
5%
0%
-37%
9.05
1.00
3.32
0.08
-3.24
-98%
3.50
0.18
-3.32%
-95%
3%
0%
-54%
12.49
3.68
6.15
0.03
-6.12
-100%
8.38
0.31
-8.07%
-96%
10%
0%
phere and contribute to climate change. “Particularly if you have a natural-gas engine, methane is going to be a major part of that tailpipe exhaust,” Gorte says. In addition, these conventional catalysts can require high temperatures of 600-700oC to encourage reactions to move along. Yet the catalysts themselves often lose their efficiency or deactivate when exposed to the high temperatures generated by methane combustion. Additional environmental harm can result when methane is used to produce energy in a gas turbine. In this process, methane is typically burned at very high temperatures, in excess of 800oC. When those temperatures rise to around 1,300oC or higher, the reaction can produce harmful byproducts, including nitrogen oxides, sulfur oxides and carbon monoxide. Conventional catalysts for methane combustion are composed of metal nanoparticles, and in particular palladium (Pd), deposited on oxides such as cerium oxide (CeO2). Tweaking that approach, the researchers
www.industry20.com
instead used a method that relies on self-assembly of nanoparticles. They first built the palladium particles— just 1.8 nanometers in diameter—and then surrounded them with a protective porous shell made of cerium oxide, creating a collection of spherical structures with metallic cores. Since small particles tend to clump together when heated and reduce a catalyst’s activity, the team deposited them on a hydrophobic surface composed of aluminum oxide to ensure they were evenly distributed. Testing the material’s activity, the researchers found that their core-shell nanostructure performed 30 times better than the best methane combustion catalysts currently available, using the same amount of metal. It completely burned methane at 400oC. The researchers plan to further study the structure of the new catalyst to better understand why it works so well. And they will use similar methods to create new materials to test.
industry 2.0 - technology management for decision-makers | september 2012
1) Net Sales = (Industrial Sales + Non Financial Services Income - Excise Duty - Sales Tax - VAT - Rates and Taxes - Turnover Tax - Contribution to Oil Pool Account - Contribution to Joint Plan Committee - Service tax - Mining Cess - Misc Indirect Taxes) 2) PAT = PBIT – Taxes 3) PAT Net of P&E = (PAT - Prior Period Extra Ordinary Income + Prior Period Extra Ordinary Expenses) 4) ROCE = PAT Net of P&E/Average Capital Employed 5) Capital Employed = (Paid-up Equity Capital + Paid-up Forfeited Equity Capital + Capital Contribution, Suspense & Application Money + Reserves and Funds + Paid-up Preference Capital - Revaluation of Reserves - Miscellaneous Expenses Not Written Off + Borrowings + Convertible Warrants) 6) Average Capital Employed = ((Capital Employed + Previous Year Annual Capital Employed (Capital Employed))/2) 7) PBDITA = (PAT + Provision for Direct Tax + Amortisation + Depreciation + Interest Expenses + Financial Charges for Instruments + Expenses Incurred on Raising Deposit and Debts + Bill Discounting Charges) [Source of Data: CMIE Prowess]
CHANGE IN NET SALES
legend
205
2.0 Top
Manufacturing smbs
Auto Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
PARAMETER
2011
2012
Change
Total no of companies
16.00
9.00
-44%
Total Net Sales (Rs Cr)
1623.28
1137.48
-30%
1
87
453
-366
Atul Auto Ltd
222.29
20.03
9.43
4.23%
4%
2
107 107
0
San Engineering & Locomotive Co Ltd
88.28
22.29
12.86
14.33%
15%
3
113
Cimmco Ltd
118.54
10.16
10.94
13.66%
9%
Average PBDITA (Rs Cr)
35.21
18.08
-49%
4
143 1125
-982
Apollo Earthmovers Ltd
107.82
23.82
16.64
8.10%
15%
Total PAT (Rs Cr)
262.55
87.63
-67%
5
368
Mahindra Gujarat Tractor Ltd
86.86
6.69
3.91
4.26%
5%
Average PAT (Rs Cr)
16.41
9.74
-41%
2011
2012
Change
0
0
Average Net Sales (Rs Cr)
101.46
126.39
25%
Total PBDITA (Rs Cr)
563.35
162.74
-71%
Automobile ancillaries Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
1
2
6
-4
H V Transmissions Ltd
288.14
176.30
90.76
30.76%
31%
2
26
229
-203
Precision Pipes & Profiles Co Ltd
226.48
55.47
27.17
12.07%
12%
PARAMETER Total no of companies
102.00
58.00
-43%
Total Net Sales (Rs Cr)
12742.61
6927.86
-46%
Average Net Sales (Rs Cr)
124.93
119.45
-4%
Total PBDITA (Rs Cr)
2078.18
1058.52
-49%
3
50
175
-125
Mahindra Sona Ltd
259.59
33.42
19.64
7.45%
8%
Average PBDITA (Rs Cr)
20.37
18.25
-10%
4
75
593
-518
Ring Plus Aqua Ltd
116.70
21.04
11.29
7.49%
10%
Total PAT (Rs Cr)
901.91
455.32
-50%
5
77
18
59
Lumax D K Auto Inds Ltd
293.94
33.58
27.31
8.45%
9%
Average PAT (Rs Cr)
8.84
7.85
-11%
roce
PAT/ Net Sales
Cement Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
2010-11
2010-11
PARAMETER
2011
2012
Change
Total no of companies
17.00
9.00
-47%
Total Net Sales (Rs Cr)
2254.83
715.23
-68%
Average Net Sales (Rs Cr)
132.64
79.47
-40%
Total PBDITA (Rs Cr)
457.57
111.91
-76%
Average PBDITA (Rs Cr)
26.92
12.43
-54%
1
333 382
-49
Hemadri Cements Ltd
59.02
10.88
6.44
10.94%
11%
2
616 448
168
Shiva Cement Ltd
56.45
10.60
2.31
4.07%
4%
3
802 1126
-324
Anjani Portland Cement Ltd
215.68
39.67
0.58
0.34%
0%
4
825 1241
-416
Keerthi Industries Ltd
93.57
14.06
1.77
1.88%
2%
Total PAT (Rs Cr)
232.86
18.40
-92%
5
872 1147
-275
Kakatiya Cement Sugar & Inds Ltd
105.18
11.76
3.91
3.64%
4%
Average PAT (Rs Cr)
13.70
2.04
-85%
206
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Sectoral Rankings
Chemicals & petro. prod. Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
PARAMETER
2011
2012
Change
Total no of companies
184.00
122.00
-34%
Total Net Sales (Rs Cr)
15255.95
12078.73
-21%
1
1
868
-867
National Peroxide Ltd
199.73
95.45
58.15
28.52%
29%
2
9
486
-477
Diamines & Chemicals Ltd
90.39
26.02
14.71
15.53%
16%
3
15
247
-232
Asahi Songwon Colors Ltd
184.50
31.10
20.04
10.79%
11%
15.62
14.58
-7%
4
17 1097 -1080
Agrocel Industries Ltd
116.68
23.60
12.48
10.49%
11%
Total PAT (Rs Cr)
1064.27
846.54
-20%
5
18 1421 -1403
Sree Rayalaseema Hi-Strength Hypo Ltd
218.77
41.43
20.76
10.49%
9%
Average PAT (Rs Cr)
7.26
6.94
-4%
roce
PAT/ Net Sales
2011
2012
Change
Average Net Sales (Rs Cr)
122.39
99.01
-19%
Total PBDITA (Rs Cr)
2284.47
1778.21
-22%
Average PBDITA (Rs Cr)
Clothing & textile Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
2010-11
2010-11
PARAMETER Total no of companies
187.00
130.00
-30%
Total Net Sales (Rs Cr)
15703.69
14087.15
-10%
83.98
108.36
29%
2040.82
2064.28
1% 45%
1
5
98
-93
Ruby Mills Ltd
207.70
107.80
57.56
26.74%
28%
2
7
325
-318
Suryalata Spinning Mills Ltd
248.25
43.97
19.79
8.02%
8%
3
14
0
Suryavanshi Spinning Mills Ltd
289.36
33.28
16.14
5.49%
6%
Average PBDITA (Rs Cr)
10.91
15.88
4
21
26
-5
Kewal Kiran Clothing Ltd
237.62
77.74
46.23
18.58%
19%
Total PAT (Rs Cr)
683.25
730.84
7%
5
23
851
-828
V T M Ltd
131.77
27.28
11.87
9.65%
9%
Average PAT (Rs Cr)
3.65
5.62
54%
Change
Average Net Sales (Rs Cr) Total PBDITA (Rs Cr)
Cosmetics & soaps Sectoral rank
Overall rank
company
2012 2011 change
1
100 1031
2
292
3
337 220
4
714
5
732
-931
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce 2010-11
PAT/ Net Sales 2010-11
A V T Natural Products Ltd
138.09
24.53
10.81
7.92%
8%
Indfrag Ltd
37.74
7.54
4.92
12.83%
13%
J H S Svendgaard Laboratories Ltd
85.69
18.23
6.01
7.26%
7%
0
Paramount Cosmetics (India) Ltd
43.07
4.10
1.44
1.27%
0
Karnataka Soaps & Detergents Ltd
197.02
11.13
6.66
3.00%
0
www.industry20.com
117
PARAMETER
2011
2012
Total no of companies
14.00
6.00
-57%
Total Net Sales (Rs Cr)
1377.65
513.52
-63%
Average Net Sales (Rs Cr)
98.40
85.59
-13%
Total PBDITA (Rs Cr)
265.53
66.01
-75%
Average PBDITA (Rs Cr)
18.97
11.00
-42%
3%
Total PAT (Rs Cr)
163.85
30.06
-82%
3%
Average PAT (Rs Cr)
11.70
5.01
-57%
industry 2.0 - technology management for decision-makers | september 2012
207
2.0 Top
Manufacturing smbs
Diversified manufacturing Sectoral rank
Overall rank
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
1
56 1317 -1261
Orient Press Ltd
158.74
18.00
11.15
6.28%
7%
2
115 1070
-955
Mallcom (India) Ltd
114.63
12.82
6.63
5.94%
6%
PARAMETER
2011
2012
Change
Total no of companies
5.00
21.00
320%
Total Net Sales (Rs Cr)
562.48
2515.86
347%
Average Net Sales (Rs Cr)
112.50
119.80
6%
Total PBDITA (Rs Cr)
78.82
314.55
299%
3
120 333
-213
Ewac Alloys Ltd
195.47
42.45
27.28
13.91%
14%
Average PBDITA (Rs Cr)
15.76
14.98
-5%
4
149
67
82
Empire Industries Ltd
225.39
50.89
28.53
12.49%
13%
Total PAT (Rs Cr)
39.37
152.51
287%
5
157 592
-435
Keventer Agro Ltd
250.19
24.07
7.95
3.13%
3%
Average PAT (Rs Cr)
7.87
7.26
-8%
2012
Change
Electrical & electrical goods Sectoral rank
Overall rank
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
1
11 1187 -1176
Astra Microwave Products Ltd
164.90
43.72
18.60
10.82%
11%
2
39
B S & B Safety Systems (I) Ltd
51.68
27.21
17.08
32.51%
33%
0
PARAMETER
2011
Total no of companies
84.00
50.00
-40%
Total Net Sales (Rs Cr)
8373.52
5588.64
-33%
Average Net Sales (Rs Cr)
99.68
111.77
12%
1310.30
841.79
-36%
Total PBDITA (Rs Cr)
3
58
47
11
Poly Medicure Ltd
171.37
39.25
21.72
12.71%
13%
Average PBDITA (Rs Cr)
15.60
16.84
8%
4
67
362
-295
Symphony Ltd
233.49
69.08
44.93
18.65%
19%
Total PAT (Rs Cr)
619.61
396.37
-36%
5
89
0
Venture Lighting India Ltd
189.98
23.17
10.09
5.33%
5%
Average PAT (Rs Cr)
7.38
7.93
7%
Change
Electrical equipment Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce 2010-11
PAT/ Net Sales 2010-11
PARAMETER
2011
2012
Total no of companies
52.00
32.00
-38%
Total Net Sales (Rs Cr)
4944.73
3751.49
-24%
Average Net Sales (Rs Cr)
95.09
117.23
23%
Total PBDITA (Rs Cr)
671.52
457.41
-32%
Average PBDITA (Rs Cr)
12.91
14.29
11%
1
74
0
Ador Fontech Ltd
153.48
28.74
18.36
11.40%
12%
2
97
142
-45
Modison Metals Ltd
137.87
30.92
15.84
11.48%
11%
3
124 514
-390
Marsons Ltd
114.51
14.42
5.17
5.55%
5%
4
129
Standard Electrical Ltd
101.61
22.20
19.72
19.20%
19%
Total PAT (Rs Cr)
310.86
180.78
-42%
5
133 316
C T R Manufacturing Inds Ltd
149.87
27.27
14.45
10.12%
10%
Average PAT (Rs Cr)
5.98
5.65
-5%
208
0 -183
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Sectoral Rankings
Food products Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce
PAT/ Net Sales
2010-11
2010-11
1
4
344
-340
Piccadily Agro Inds Ltd
245.98
53.59
27.67
11.23%
11%
2
19
756
-737
Godrej Oil Palm Ltd
111.21
27.85
15.58
14.15%
14%
319
-268
PARAMETER
2011
2012
Change
Total no of companies
211.00
113.00
-46%
Total Net Sales (Rs Cr)
20579.43
12249.59
-40%
Average Net Sales (Rs Cr) Total PBDITA (Rs Cr)
97.53
108.40
11%
2544.32
1516.30
-40%
3
51
Som Distilleries & Breweries Ltd
182.97
27.22
15.14
8.22%
8%
12.06
13.42
11%
4
59 1095 -1036
Amrit Corp Ltd
45.78
24.03
18.68
28.34%
41%
Total PAT (Rs Cr)
1117.14
633.34
-43%
5
65
Parry Agro Inds Ltd
158.73
130.92
104.35
31.96%
66%
Average PAT (Rs Cr)
5.29
5.60
6%
2011
2012
Change
74
-9
Average PBDITA (Rs Cr)
Gems & jewellery Sectoral rank
Overall rank
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
PARAMETER Total no of companies
17.00
15.00
-12%
Total Net Sales (Rs Cr)
1757.45
970.40
-45%
Average Net Sales (Rs Cr)
103.38
64.69
-37%
Total PBDITA (Rs Cr)
106.25
78.54
-26%
1
24
0
Kanani Industries Ltd
151.67
17.29
16.18
10.65%
11%
2
144
0
Goldiam International Ltd
83.03
13.99
6.34
6.96%
8%
3
332
0
Suashish Jewelry India Ltd [Merged]
72.65
14.33
13.51
17.78%
19%
Average PBDITA (Rs Cr)
6.25
5.24
-16%
4
407
0
Sunraj Diamond Exports Ltd
54.87
2.13
0.85
1.66%
2%
Total PAT (Rs Cr)
52.06
46.67
-10%
5
497 1213
Golkunda Diamonds & Jewellery Ltd
102.06
5.50
1.02
1.03%
1%
Average PAT (Rs Cr)
3.06
3.11
2%
Change
-716
Glass & ceramics Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce 2010-11
PAT/ Net Sales 2010-11
PARAMETER
2011
2012
Total no of companies
28.00
15.00
-46%
Total Net Sales (Rs Cr)
2288.92
1424.76
-38%
Average Net Sales (Rs Cr)
81.75
94.98
16%
Total PBDITA (Rs Cr)
402.73
273.40
-32%
Average PBDITA (Rs Cr)
14.38
18.23
27%
1
49
99
-50
Cera Sanitaryware Ltd
255.61
51.11
26.54
10.27%
10%
2
68
499
-431
La Opala R G Ltd
100.49
22.08
9.33
9.14%
9%
3
96
0
Haldyn Glass Ltd
171.24
35.19
15.85
8.96%
9%
4
116 861
-745
Murugappa Morgan Thermal Ceramics Ltd
104.11
22.19
11.70
11.12%
11%
Total PAT (Rs Cr)
177.25
128.16
-28%
5
180 538
-358
Ray Ban Sun Optics India Ltd
66.71
41.68
20.66
26.00%
31%
Average PAT (Rs Cr)
6.33
8.54
35%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
209
2.0 Top
Manufacturing smbs
Iron & steel Sectoral rank
Overall rank
roce
PAT/ Net Sales
2009-10
2009-10
2009-10
44.35
28.68
16.73%
18%
25.25
13.39
7.33%
7%
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2009-10
2009-10
Hira Ferro Alloys Ltd
162.86
Metkore Alloys & Inds Ltd
182.37
company
2011 2010 change
PARAMETER
2011
2012
Change
Total no of companies
132.00
19.00
-86%
Total Net Sales (Rs Cr)
10748.80
2442.96
-77%
Average Net Sales (Rs Cr)
81.43
128.58
58%
Total PBDITA (Rs Cr)
943.84
327.00
-65% 141%
1
29
531
2
37
0
3
46
0
V B C Ferro Alloys Ltd
119.53
20.53
10.19
8.45%
9%
7.15
17.21
4
61
727
-666
V B C Industries Ltd
65.13
13.93
9.27
13.96%
14%
Total PAT (Rs Cr)
340.25
128.38
-62%
5
73 1526 -1453
O C L Iron & Steel Ltd
246.37
27.39
11.76
4.39%
5%
Average PAT (Rs Cr)
2.58
6.76
162%
roce
PAT/ Net Sales
2011
2012
Change -21%
-502
Average PBDITA (Rs Cr)
Machinery Sectoral rank
Overall rank
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2009-10
2009-10
2009-10
2009-10
2009-10
Windsor Machines Ltd
273.14
128.19
140.49
21.37%
51%
Hercules Hoists Ltd
130.36
46.76
29.91
21.75%
23%
L & T Plastics Machinery Ltd
210.69
24.65
18.40
8.61%
9%
company
2011 2010 change
PARAMETER Total no of companies
94.00
74.00
Total Net Sales (Rs Cr)
7799.35
7249.92
-7%
Average Net Sales (Rs Cr)
82.97
97.97
18%
1609.81
1476.74
-8% 17%
1
3
0
2
6
987
3
8
0
Average PBDITA (Rs Cr)
17.13
19.96
4
13 1174 -1161
Shanthi Gears Ltd
174.41
72.10
27.86
16.00%
16%
Total PAT (Rs Cr)
834.83
757.72
-9%
5
16
Nitin Fire Protection Inds Ltd
146.5
34.60
23.72
14.56%
16%
Average PAT (Rs Cr)
8.88
10.24
15%
roce
PAT/ Net Sales
580
-981
-564
Total PBDITA (Rs Cr)
Metal products Sectoral rank
Overall rank
company
2011 2010 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2009-10
2009-10
2009-10
2009-10
2009-10
PARAMETER
2011
2012
Change
Total no of companies
81.00
93.00
15%
Total Net Sales (Rs Cr)
7993.76
9705.61
21%
Average Net Sales (Rs Cr)
98.69
104.36
6%
Total PBDITA (Rs Cr)
1043.86
1184.95
14%
Average PBDITA (Rs Cr)
12.89
12.74
-1%
1
10
957
-947
M M Forgings Ltd
272.12
63.63
29.73
7.52%
11%
2
20
328
-308
Indian Steel & Wire Products Ltd
152.57
23.42
14.75
11.43%
10%
3
30
0
J S W Steel Processing Centres Ltd
53.58
45.55
18.82
34.92%
35%
4
34
0
Sankalp Forgings Pvt Ltd
82.46
19.42
9.01
10.60%
11%
Total PAT (Rs Cr)
477.16
455.63
-5%
5
45
632
J K Files (India) Ltd
282.52
28.82
10.91
3.37%
4%
Average PAT (Rs Cr)
5.89
4.90
-17%
210
-587
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Sectoral Rankings
Non-ferrous metals Sectoral rank
PAT/ Net Sales
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
2010-11
2010-11
Shalimar Wires Industries Ltd
91.02
71.96
58.61
13.12%
64%
Overall rank
company
2012 2011 change
roce
PARAMETER
2011
2012
Change
Total no of companies
26.00
22.00
-15%
Total Net Sales (Rs Cr)
2268.67
2997.42
32%
Average Net Sales (Rs Cr)
87.26
136.25
56%
Total PBDITA (Rs Cr)
269.70
367.95
36%
Average PBDITA (Rs Cr)
10.37
16.73
61%
1
81
2
117 293
-176
Arcotech Ltd
222.65
34.26
14.17
6.29%
6%
3
152 143
9
Gravita India Ltd
205.84
16.38
9.73
4.63%
5%
4
156 121
35
Nissan Copper Ltd
299.06
34.20
12.54
4.10%
4%
Total PAT (Rs Cr)
124.68
164.67
32%
5
215
Alicon Castalloy Ltd
290.26
40.44
14.63
5.04%
5%
Average PAT (Rs Cr)
4.80
7.49
56%
0
0
Non-metallic mineral products Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
roce 2010-11
PAT/ Net Sales 2010-11
PARAMETER
2011
2012
Change
Total no of companies
8.00
5.00
-38%
Total Net Sales (Rs Cr)
901.80
456.23
-49%
Average Net Sales (Rs Cr)
112.73
91.25
-19%
Total PBDITA (Rs Cr)
106.20
41.60
-61%
Average PBDITA (Rs Cr)
13.28
8.32
-37%
1
279 1437 -1158
Welcast Steels Ltd
218.19
7.33
2.67
1.15%
1%
2
308 398
-90
Sterling Abrasives Ltd
44.58
11.01
6.42
13.69%
14%
3
518 782
-264
John Oakey & Mohan Ltd
35.07
3.18
1.38
3.88%
4%
4
608
82
526
Morganite Crucible (India) Ltd
73.02
15.52
4.95
5.13%
7%
Total PAT (Rs Cr)
46.53
17.10
-63%
5
646
0
Trishul Concrete Products Ltd
85.37
4.56
1.68
1.96%
2%
Average PAT (Rs Cr)
5.82
3.42
-41%
Paper & wood products Sectoral rank
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
2010-11
2010-11
Repro India Ltd
260.74
38.56
22.79
7.95%
9%
Parksons Packaging Ltd
278.01
46.09
15.27
5.53%
5%
Archies Ltd
188.18
24.68
12.13
5.97%
6%
Gampa Alcoates Ltd
21.44
5.99
4.68
20.30%
Sundaram Multi Pap Ltd
193.66
26.37
8.65
4.35%
company
2012 2011 change
1
63
824
2
122
0
3
174 210
4
190
5
299 407
-761
-36
0
www.industry20.com
-108
PAT/ Net Sales
net sales
Overall rank
roce
PARAMETER
2011
2012
Change
Total no of companies
67.00
21.00
-69%
Total Net Sales (Rs Cr)
6004.54
2481.48
-59%
Average Net Sales (Rs Cr)
89.62
118.17
32%
Total PBDITA (Rs Cr)
803.14
337.16
-58%
Average PBDITA (Rs Cr)
11.99
16.06
34%
22%
Total PAT (Rs Cr)
305.23
121.14
-60%
4%
Average PAT (Rs Cr)
4.56
5.77
27%
industry 2.0 - technology management for decision-makers | september 2012
211
2.0 Top
Manufacturing smbs
Pharmaceuticals Sectoral rank
Overall rank
company
2012 2011 change
1
12
303
2
35
0
3
66
348
4
71
5
93
-291
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
PAT/ Net Sales
roce 2010-11
2010-11
Aurigene Discovery Technologies Ltd
128.76
35.38
22.25
17.26%
17%
Biocon Biopharmaceuticals Pvt Ltd
27.92
28.48
19.20
38.62%
69%
-282
Fermenta Biotech Ltd
65.81
17.23
9.45
14.10%
14%
267
-196
Sven Genetech Ltd
78.15
39.20
15.39
19.96%
217
-124
Zydus Animal Health Ltd
139.03
34.37
21.59
15.31%
PARAMETER
2011
2012
Total no of companies
107.00
71.00
Change -34%
Total Net Sales (Rs Cr)
10283.56
6792.84
-34%
Average Net Sales (Rs Cr)
96.11
95.67
0%
Total PBDITA (Rs Cr)
1790.50
1068.86
-40%
Average PBDITA (Rs Cr)
16.73
15.05
-10%
20%
Total PAT (Rs Cr)
871.68
462.58
-47%
16%
Average PAT (Rs Cr)
8.15
6.52
-20%
Sectoral rank
Overall rank
company
2012 2011 change
PAT/ Net Sales
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
2010-11
2010-11
roce
PARAMETER
2011
2012
Change
Total no of companies
79.00
79.00
0%
Total Net Sales (Rs Cr)
5976.52
7419.01
24%
Average Net Sales (Rs Cr)
75.65
93.91
24%
Total PBDITA (Rs Cr)
753.09
817.17
9%
Average PBDITA (Rs Cr)
9.53
10.34
9%
33
19
14
Sharp Industries Ltd
196.01
40.09
32.78
16.34%
17%
2
52
463
-411
Neo Corp Intl Ltd
244.51
34.61
14.19
5.47%
6%
3
111 281
-170
Manjushree Technopack Ltd
241.86
48.26
14.79
6.10%
6%
4
139 1153 -1014
Clear Mipak Packaging Solutions Ltd
150.36
16.96
4.27
2.58%
3%
Total PAT (Rs Cr)
311.48
296.49
-5%
5
146 654
Kothari Petrochemicals Ltd
159.57
12.19
7.07
4.39%
4%
Average PAT (Rs Cr)
3.94
3.75
-5%
techwatch
1
212
-508
Nanostructures Enable Ultra High Resolution Colour Images
R
esearchers at Singapore’s A*STAR Institute of Materials Research and Engineering (IMRE) have developed an innovative method for creating sharp, full-spectrum colour images at 100,000 dots per inch (dpi), using metal-laced nanometre-sized structures, without the need for inks or dyes. In comparison, current
a
b
c
A coloured nanoscale rendition of a standard test image used in image processing experiments. (a) Before the addition of metal in the nanostructures, the image has only grayscale tones as observed under an optical microscope. (b) Colours are observed after addition of the metal layers. (c) Zooming into the image, the specular reflection at the corner of the eye is observed showing the refined colour detail. (Bottom right) is made up of nanostructures
september 2012 | industry 2.0 - technology management for decision-makers
industrial printers such as inkjet and laserjet printers can only achieve up to 10,000 dpi while research grade methods are able to dispense dyes for only single colour images. This breakthrough can potentially revolutionise the way images are printed, and be further refined for use in high-resolution reflective colour displays as well as high density optical data storage. The inspiration for the research was derived from stained glass, which is traditionally made by mixing tiny fragments of metal into glass. It was found that nanoparticles from these
www.industry20.com
Credit: A*STAR
Plastics & polymers
Sectoral Rankings
Rubber products Sectoral rank
Overall rank
company
2012 2011 change
roce
PAT/ Net Sales
2010-11
2010-11
2010-11
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
PARAMETER
2011
2012
Change
Total no of companies
24.00
19.00
-21%
Total Net Sales (Rs Cr)
1779.75
2006.32
13%
Average Net Sales (Rs Cr)
74.16
105.60
42%
Total PBDITA (Rs Cr)
393.81
322.49
-18%
1
90
534
-444
Gujarat Reclaim & Rubber Products Ltd
193.45
33.41
17.62
8.98%
9%
2
141 292
-151
Rajagiri Rubber & Produce Co Ltd
40.30
8.98
5.95
13.29%
15%
3
151 133
18
Apcotex Industries Ltd
222.59
19.80
10.72
4.88%
5%
Average PBDITA (Rs Cr)
16.41
16.97
3%
4
169
0
Oriental Rubber Inds Ltd
207.82
22.56
7.77
5.20%
4%
Total PAT (Rs Cr)
245.16
149.68
-39%
5
201
0
Pix Transmissions Ltd
238.03
48.16
3.64
1.50%
2%
Average PAT (Rs Cr)
10.22
7.88
-23%
roce
PAT/ Net Sales
Wires & cables Sectoral rank
Overall rank
company
2012 2011 change
net sales
PBDITA
PaT
(Rs Crore)
(Rs Crore)
(Rs Crore)
2010-11
2010-11
2010-11
2010-11
2010-11
PARAMETER
2011
2012
Change
Total no of companies
13.00
8.00
-38%
Total Net Sales (Rs Cr)
1476.30
1121.06
-24%
Average Net Sales (Rs Cr)
113.56
140.13
23%
Total PBDITA (Rs Cr)
139.34
131.57
-6%
Average PBDITA (Rs Cr)
10.72
16.45
53%
1
110
0
Shilpi Cable Technologies Ltd
230.67
37.16
13.36
5.73%
6%
2
209
0
Smita Conductors Pvt Ltd
232.61
42.70
25.88
10.78%
11%
3
450 522
-72
Torrent Cables Ltd
282.37
19.08
6.87
2.25%
2%
4
626 1206
-580
C M I Ltd
64.94
6.10
2.02
2.68%
3%
Total PAT (Rs Cr)
63.31
53.37
-16%
5
882
Yamuna Power & Infrastructure Ltd
57.67
7.22
2.06
2.79%
4%
Average PAT (Rs Cr)
4.87
6.67
37%
0
metal fragments scattered light passing through the glass to give stained glass its colour. Using a similar concept with the help of modern nanotechnology tools, the researchers precisely patterned metal nanostructures, and designed the surface to reflect the light to achieve the colour images. “The resolution of printed colour images depends on the size and spacing between individual ‘nanodots’ of colour,” explains Dr Karthik Kumar, one of the key researchers. “The closer the dots are, the higher
www.industry20.com
the resolution of the image. With the ability to accurately position these extremely small colour dots, we were able to demonstrate the highest theoretical print colour resolution of 100,000 dpi.” “Instead of using different dyes for colours, we encoded colour information into the size and position of tiny metal disks. These disks then interacted with light through the phenomenon of plasmon resonances,” says Dr Joel Yang, the project leader of the research. “The team built a database
of colour that corresponded to a specific nanostructure pattern, size and spacing. These nanostructures were then positioned accordingly. Similar to a child’s ‘colouring-by-numbers’ image, the sizes and positions of these nanostructures defined the ‘numbers’. But instead of sequentially colouring each area with a different ink, an ultrathin and uniform metal film was deposited across the entire image causing the ‘encoded’ colours to appear all at once, almost like magic!” added Dr Joel Yang.
industry 2.0 - technology management for decision-makers | september 2012
213
2.0 Top
Manufacturing expenses smbs
2.0 Manufacturing
Expenses
2009-10
2010-11
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
I 2 Rank
COMPANY
INDUSTRIAL ACTIVITY
SMBs
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
AUTO 113
Cimmco Ltd
Railway wagons, coaches, etc
21.69
87.48
303%
1.66
8.71
425%
546
Gujarat Apollo Inds Ltd
Other construction machinery
118.22
137.26
16%
3.53
3.19
-10%
368
Mahindra Gujarat Tractor Ltd
Tractors
36.66
45.76
25%
0.23
0.43
87%
602
Majestic Auto Ltd
Two wheeler
78.73
97.66
24%
1.70
2.27
34%
107
San Engineering & Locomotive Co Ltd
Locomotives
36.04
36.42
1%
1.64
1.85
13%
657
Skyline Millars Ltd
Construction machinery
5.65
6.43
14%
0.16
0.20
25%
427
Stone India Ltd
Railway & tramway equipment
61.50
56.67
-8%
2.39
3.13
31%
AUTOMOBILE ANCILLARIES 238
A T S Elgi Ltd
Automobile equipment
53.94
70.55
31%
0.80
1.10
38%
432
Amalgamations Repco Ltd
Clutch plates/discs
52.41
71.03
36%
3.39
4.21
24%
294
Auto Ignition Ltd
Starter motors
105.38
133.46
27%
0.96
1.10
15%
326
Bimetal Bearings Ltd
Thickwall, thinwall bearings
52.05
79.59
53%
5.81
8.04
38%
533
Canara Workshops Ltd
Leaf springs (Automotive)
12.43
16.33
31%
0.61
0.56
-8%
375
Clutch Auto Ltd
Drive transmission & steering parts
141.35
151.07
7%
5.25
4.47
-15%
634
Commercial Engineers & Body Builders Co Ltd Automobile bodies
128.86
181.49
41%
9.36
11.98
28%
503
Crest Geartech Pvt Ltd
Automobile ancillaries
7.15
8.35
17%
0.83
0.43
-48%
640
Eimco-K C P Ltd
Automobile engine parts
16.83
13.97
-17%
14.72
9.49
-36%
601
Elofic Industries Ltd
Automotive filters
50.39
61.84
23%
1.33
1.33
0%
748
Federal-Mogul Bearings India Ltd
Bimetal bearings
23.29
29.27
26%
2.27
2.48
9%
94
Federal-Mogul T P R (India) Ltd
Piston rings
24.48
31.17
27%
5.16
7.29
41%
183
Frontier Springs Ltd
Leaf springs (Automotive)
17.81
21.90
23%
0.79
1.10
39%
788
G G Automotive Gears Ltd
Parts of railways & tramways
3.96
9.61
143%
0.45
1.28
184%
214
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
legend
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr)
Meet the top performers of India who have scored big through innovative thinking, cost-optimisation strategies, intelligent marketing and quality products and services, and, of course, sheer hard work.
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
1.31
1.17
-11%
2.08
0.87
-58%
3.38
2.71
-20%
3.19
2.60
-18%
0.68
0.72
6%
0.43
0.50
16%
8.67
8.27
-5%
17.95
21.11
18%
0.43
0.42
-2%
0.19
0.49
158%
7.39
7.79
5%
0.72
0.47
-35%
6.54
5.76
-12%
3.63
2.48
-32%
13.29
15.47
16%
14.38
21.54
50%
0.95
0.95
0%
1.42
1.78
25%
11.54
12.75
10%
4.76
6.50
37%
0.11
0.13
18%
0.07
0.09
29%
0.89
1.04
17%
1.29
1.31
2%
1.09
1.15
6%
0.45
0.57
27%
9.85
12.41
26%
7.49
9.16
22%
0.42
0.46
10%
0.67
0.67
0%
9.58
10.99
15%
4.48
6.92
54%
1.63
1.81
11%
1.34
1.53
14%
5.93
6.35
7%
6.23
9.23
48%
1.67
1.96
17%
1.28
1.49
16%
9.77
11.73
20%
11.70
13.91
19%
11.23
13.11
17%
3.05
4.02
32%
14.27
16.18
13%
8.90
12.35
39%
2.52
2.81
12%
0.99
1.70
72%
3.39
3.94
16%
5.37
7.52
40%
3.77
3.85
2%
1.62
1.70
5%
19.27
20.86
8%
17.91
20.12
12%
1.35
1.89
40%
1.10
2.14
95%
7.04
9.84
40%
58.55
83.76
43%
0.27
0.33
22%
0.41
0.06
-85%
0.72
0.89
24%
0.49
0.67
37%
0.21
0.21
0%
0.21
0.26
24%
3.19
4.23
33%
2.20
2.37
8%
1.39
2.25
62%
0.69
0.95
38%
8.93
11.00
23%
5.77
8.50
47%
3.39
4.50
33%
1.44
1.62
13%
7.45
9.59
29%
3.30
4.87
48%
0.86
0.94
9%
0.06
0.11
83%
2.38
2.50
5%
7.43
9.73
31%
2.32
2.98
28%
1.08
1.52
41%
2.47
3.31
34%
3.93
4.43
13%
0.59
1.01
71%
0.19
0.20
5%
1.46
1.69
16%
0.16
0.24
50%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
Industry 2.0 presents the Batch of 2011.
215
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
496
Genau Extrusions Ltd
Automobile ancillaries
7.26
13.42
85%
0.31
0.60
94%
577
Gujarat Automotive Gears Ltd
Gears including crown wheels
7.99
10.41
30%
2.72
3.36
24%
648
Highway Industries Ltd
Automobile ancillaries
74.96
110.02
47%
11.72
19.73
68%
535
Hindustan Hardy Spicer Ltd
Propeller shafts
15.93
25.89
63%
0.90
1.37
52%
564
I P Rings Ltd
Piston rings
29.11
36.86
27%
4.83
6.56
36%
221
I S T Ltd
Auto Ancillaries
4.61
6.26
36%
1.07
1.37
28%
85
India Nippon Electricals Ltd
Electrical automobile parts
116.95
156.84
34%
2.36
3.11
32%
189
Jonas Woodhead & Sons (India) Ltd
Leaf springs (Automotive)
12.97
16.69
29%
0.80
1.44
80%
539
K A R Mobiles Ltd
Engine valves
36.71
46.84
28%
4.97
5.61
13%
147
Kalyani Forge Ltd
Drive transmission & steering parts
95.59
140.51
47%
10.35
16.11
56%
652
Lamina Suspension Products Ltd
Leaf springs (Automotive)
40.50
51.37
27%
1.56
2.27
46%
77
Lumax D K Auto Inds Ltd
Auto head lights
132.66
227.40
71%
0.98
1.39
42%
50
Mahindra Sona Ltd
Clutch assembly
106.33
139.15
31%
4.50
6.01
34%
192
Menon Pistons Ltd
Pistons
54.77
84.39
54%
7.90
11.88
50%
487
Perfect Circle India Ltd
Piston rings
20.09
31.09
55%
4.94
4.67
-5%
26
Precision Pipes & Profiles Co Ltd
Automobile ancillaries
80.90
93.53
16%
7.06
5.79
-18%
272
Punjab Bevel Gears Ltd
Gears including crown wheels
69.73
56.63
-19%
7.67
11.95
56%
731
Rasandik Engineering Inds India Ltd
Automobile ancillaries
160.14
185.69
16%
5.76
11.13
93%
543
Raunaq Automotive Components Ltd
Drive transmission & steering parts
34.04
44.75
31%
2.63
3.27
24%
161
Reil Electricals India Ltd
Starter motors
10.37
18.61
79%
0.27
0.51
89%
225
Remsons Industries Ltd
Automobile equipment
42.48
60.63
43%
1.48
1.80
22%
285
Roto Pumps Ltd
Rotor pumps
19.29
23.64
23%
1.07
1.18
10%
118
Saint-Gobain Sekurit India Ltd
Automobile ancillaries
41.37
47.83
16%
0.66
0.91
38%
468
Sakthi Auto Ancillary Pvt Ltd
Auto castings
17.38
31.24
80%
8.68
16.37
89%
145
Samkrg Pistons & Rings Ltd
Pistons
52.24
67.47
29%
17.21
24.43
42%
138
Shivam Autotech Ltd
Automobile ancillaries
84.57
117.32
39%
21.35
36.92
73%
88
Simmonds Marshall Ltd
Other automobile ancillaries
24.46
39.75
63%
2.50
4.22
69%
740
Stanes Motor Parts Ltd
Automobile ancillaries
0.03
0.05
67%
0.03
0.05
67%
376
Sundaram Brake Linings Ltd
Brake linings
102.24
129.59
27%
5.39
6.32
17%
960
Super Seals India Ltd
Oil seals
6.56
7.14
9%
0.22
0.25
14%
944
Swaraj Automotives Ltd
Auto seating systems
49.25
50.46
2%
0.46
0.38
-17%
167
Uni Klinger Ltd
Automobile engine parts
17.19
23.37
36%
0.66
0.86
30%
349
Veljan Denison Ltd
Hydraulic pumps
33.60
33.60
0%
2.60
2.60
0%
182
Victor Gaskets India Ltd
Gaskets
26.96
33.95
26%
0.13
0.13
0%
216
september 2011 2012 | VOL. industry II | industry 2.0 - technology 2.0 - technology management management for decision for decision -makers-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
1.08
1.91
77%
0.60
1.30
117%
2.27
3.24
43%
1.54
2.89
88%
0.26
0.34
31%
0.12
0.09
-25%
1.07
1.71
60%
0.65
0.82
26%
11.83
16.87
43%
3.43
5.48
60%
18.00
21.76
21%
15.10
22.67
50%
0.94
1.20
28%
0.55
0.75
36%
5.75
6.73
17%
1.81
2.98
65%
3.05
4.29
41%
1.37
1.82
33%
7.91
8.98
14%
5.87
8.20
40%
0.91
0.97
7%
0.31
0.47
52%
4.78
5.20
9%
1.22
1.97
61%
2.78
3.60
29%
2.20
2.83
29%
13.34
18.05
35%
19.57
30.66
57%
1.89
2.21
17%
0.37
0.21
-43%
2.09
2.37
13%
1.82
1.60
-12%
3.23
4.02
24%
3.28
4.20
28%
17.99
20.60
15%
4.97
6.14
24%
16.45
22.41
36%
4.63
6.44
39%
17.52
21.03
20%
13.34
22.91
72%
4.82
5.97
24%
0.61
0.70
15%
7.44
8.65
16%
0.37
1.07
189%
3.47
4.62
33%
1.17
1.87
60%
6.74
11.42
69%
5.92
10.17
72%
2.57
3.19
24%
1.19
1.15
-3%
18.58
23.02
24%
13.04
20.20
55%
5.44
7.27
34%
0.99
1.51
53%
10.89
12.26
13%
0.23
0.20
-13%
7.00
10.72
53%
2.69
4.98
85%
13.21
15.04
14%
5.04
7.42
47%
5.71
6.86
20%
5.58
5.28
-5%
18.57
22.82
23%
15.67
22.68
45%
4.88
6.04
24%
2.28
3.13
37%
3.05
5.02
65%
0.45
0.63
-240%
6.48
8.15
26%
3.02
3.35
11%
15.16
18.23
20%
23.70
30.89
30%
4.92
6.63
35%
0.39
0.41
5%
7.58
9.38
24%
4.67
7.30
56%
0.14
0.18
29%
0.23
0.30
30%
2.50
2.76
10%
1.40
2.48
77%
1.45
1.79
23%
0.71
0.96
35%
8.29
11.55
39%
8.06
12.99
61%
0.77
1.07
39%
0.53
0.58
9%
11.31
13.78
22%
1.87
2.55
36%
8.17
9.33
14%
1.43
1.75
22%
6.44
6.93
8%
7.33
9.98
36%
9.05
15.90
76%
1.77
2.72
54%
2.43
4.49
85%
5.07
10.02
98%
8.75
12.16
39%
2.53
4.81
90%
16.89
17.80
5%
17.73
28.16
59%
12.77
15.77
23%
1.29
2.14
66%
15.24
17.33
14%
13.12
15.50
18%
1.05
1.66
58%
0.43
0.72
67%
6.44
8.68
35%
2.08
6.83
228%
0.03
0.03
0%
0.02
0.03
50%
0.75
0.88
17%
0.12
0.12
0%
22.68
27.73
22%
3.48
3.97
14%
19.70
23.22
18%
13.01
19.15
47%
1.29
1.38
7%
0.40
0.52
30%
4.76
5.55
17%
2.67
3.51
31%
1.14
1.13
-1%
0.48
0.33
-31%
7.84
8.74
11%
5.77
6.98
21%
1.70
1.90
12%
0.35
0.46
31%
5.56
5.76
4%
2.76
4.12
49%
0.89
0.89
0%
0.80
0.80
0%
7.95
7.95
0%
7.37
7.37
0%
0.42
0.53
26%
0.70
1.08
54%
5.04
5.39
7%
4.49
6.37
42%
www.industry20.com
| september | september industry industry 2.0 - technology 2.0 - technology management management for decision for decision -makers-makers 2011 | VOL. 2012 II
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
217
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
CEMENT 802
Anjani Portland Cement Ltd
Cement
25.63
27.62
8%
3.07
3.39
10%
987
Barak Valley Cements Ltd
Cement
30.98
23.30
-25%
2.95
2.96
0%
924
Cement International Ltd
Cement
22.13
12.84
-42%
0.56
0.56
0%
333
Hemadri Cements Ltd
Cement
8.72
8.47
-3%
2.11
2.51
19%
872
Kakatiya Cement Sugar & Inds Ltd
Cement
22.61
36.23
60%
5.68
6.62
17%
825
Keerthi Industries Ltd
Cement
11.50
13.94
21%
2.67
2.30
-14%
616
Shiva Cement Ltd
Cement
10.78
11.59
8%
0.82
0.85
4%
CHEMICAL & PETROLEUM PRODUCTS 54
Aditya Birla Chemicals (India) Ltd
Sodium hydroxide (Caustic Soda)
88.18
95.44
8%
10.94
10.95
0%
119
Advanced Enzyme Technologies Ltd
Enzymes
50.26
43.38
-14%
2.34
2.20
-6%
17
Agrocel Industries Ltd
Bromine
24.38
45.84
88%
0.82
1.71
109%
205
Aksharchem (India) Ltd
Dyes
60.11
64.11
7%
0.56
0.75
34%
567
Akzo Nobel Chemicals (India) Ltd
Catalysts, reaction initiators
45.98
32.93
-28%
1.23
1.08
-12%
770
Alkali Metals Ltd
Sodium
25.80
33.06
28%
1.73
2.48
43%
403
Alkyl Amines Chemicals Ltd
Other amine function compounds
109.49
129.94
19%
4.16
8.12
95%
730
Amines & Plasticizers Ltd
Ethanolamines
50.10
47.33
-6%
0.65
0.72
11%
919
Anand Engineers Pvt Ltd
Lube oils & lubricants
12.98
14.87
15%
0.06
0.05
-17%
159
Anil Bioplus Ltd
Enzymes
9.90
22.21
124%
1.39
0.73
-47%
633
Anshul Specialty Molecules Ltd
Miscellaneous chemicals
10.33
22.51
118%
0.37
0.56
51%
162
Aries Agro Ltd
Fertilisers
49.94
31.70
-37%
0.46
0.95
107%
15
Asahi Songwon Colors Ltd
Pigments
76.45
109.30
43%
1.34
1.94
45%
514
Asian Fertilizers Ltd
Single superphosphate
28.90
29.09
1%
1.07
1.14
7%
815
Asian Paints Industrial Coatings Ltd
Industrial paints
44.58
55.88
25%
0.68
0.97
43%
826
Astec Lifesciences Ltd
Chemicals
77.02
87.83
14%
0.16
0.20
25%
352
Basant Agro Tech (India) Ltd
Fertilisers
105.62
137.87
31%
1.23
1.61
31%
859
Benzo Petro International Ltd
Ortho-chloro-benzaldehyde
3.52
3.47
-1%
0.09
0.17
89%
603
Bhageria Dye-Chem Ltd
Derivatives of hydrocarbons
25.78
31.00
20%
0.29
0.75
159%
990
Bhagiradha Chemicals & Inds Ltd
Chemicals
61.24
42.85
-30%
2.01
0.81
-60%
485
Bhuruka Gases Ltd
Oxygen
2.67
2.79
4%
2.07
2.66
29%
484
Bombay Oxygen Corpn Ltd
Hydrogen, rare & other gases
0.44
0.44
0%
0.44
0.44
0%
751
Borax Morarji Ltd
Borax
49.10
53.46
9%
0.37
0.47
27%
218
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
37.57
63.48
69%
2.69
3.13
16%
6.90
8.14
18%
28.92
49.30
70%
24.44
21.13
-14%
1.41
1.56
11%
7.35
8.85
20%
9.59
12.34
29%
1.84
0.87
-53%
0.07
0.20
186%
0.36
0.37
3%
5.60
3.86
-31%
21.36
22.69
6%
1.12
1.11
-1%
2.94
3.31
13%
4.57
6.91
51%
31.35
37.41
19%
0.94
1.02
9%
10.43
11.86
14%
16.71
21.09
26%
26.83
27.28
2%
1.29
1.68
30%
4.59
5.59
22%
15.31
21.54
41%
5.16
5.74
11%
0.46
0.32
-30%
2.26
2.40
6%
9.01
10.41
16%
17.72
19.52
10%
4.09
3.33
-19%
11.23
12.05
7%
19.32
25.29
31%
6.64
8.66
30%
1.12
1.08
-4%
6.97
7.87
13%
5.31
6.34
19%
5.49
8.51
55%
1.27
2.94
131%
6.32
8.54
35%
0.08
0.39
388%
5.29
8.82
67%
0.72
0.74
3%
0.92
1.33
45%
0.33
0.50
52%
1.19
1.38
16%
0.53
1.24
134%
2.99
3.71
24%
3.99
5.16
29%
6.79
9.28
37%
1.41
1.40
-1%
4.91
6.19
26%
3.34
3.72
11%
31.11
37.83
22%
3.10
4.51
45%
9.05
9.55
6%
18.15
23.55
30%
7.44
6.58
-12%
2.00
1.68
-16%
4.63
5.43
17%
8.98
9.14
2%
0.05
0.07
40%
0.09
0.08
-11%
1.98
2.58
30%
2.16
2.90
34%
1.51
1.32
-13%
0.08
0.07
-13%
1.19
1.30
9%
0.56
0.96
71%
1.70
2.30
35%
1.09
1.30
19%
2.88
3.18
10%
1.03
2.28
121%
0.56
0.62
11%
0.30
0.56
87%
13.50
16.48
22%
1.58
2.27
44%
14.05
18.75
33%
0.56
1.22
118%
3.28
5.43
66%
1.42
2.15
51%
1.78
2.88
62%
0.45
0.69
53%
0.95
0.95
0%
0.33
0.97
194%
1.49
1.79
20%
0.26
0.24
-8%
3.59
4.58
28%
5.20
7.03
35%
2.39
2.76
15%
0.60
0.82
37%
3.16
3.80
20%
4.55
4.12
-9%
2.45
3.27
33%
0.67
0.72
7%
2.18
3.04
39%
0.05
0.09
80%
0.80
1.05
31%
0.25
0.26
4%
0.38
0.59
55%
0.01
0.05
400%
1.56
1.83
17%
0.20
0.18
-10%
1.07
1.21
13%
2.41
3.15
31%
9.60
6.71
-30%
2.72
0.62
-77%
6.15
5.61
-9%
4.22
5.19
23%
14.27
16.89
18%
0.98
1.65
68%
3.10
3.65
18%
4.26
5.66
33%
21.78
22.51
3%
0.43
0.33
-23%
3.42
2.83
-17%
3.22
4.29
33%
4.79
5.51
15%
1.50
1.69
13%
3.14
3.81
21%
5.36
6.97
30%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
219
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
495
Camphor & Allied Products Ltd
Chemicals
126.41
176.51
40%
0.52
0.22
-58%
286
Chembond Chemicals Ltd
Chemicals
86.82
101.07
16%
0.34
0.21
-38%
447
Chemfab Alkalis Ltd
Sodium hydroxide (Caustic Soda)
8.59
10.24
19%
0.38
2.96
679%
383
Chromatic India Ltd
Dyes
12.14
15.34
26%
0.12
0.15
25%
620
Dai-Ichi Karkaria Ltd
Chemicals
31.85
37.82
19%
0.28
0.33
18%
889
Daikaffil Chemicals India Ltd
Dyes
10.08
12.11
20%
0.03
0.03
0%
9
Diamines & Chemicals Ltd
Ethylenediamine
28.25
43.72
55%
0.15
0.32
113%
691
Dujodwala Paper Chemicals Ltd
Rosin & resin acids
30.25
121.13
300%
1.47
0.55
-63%
163
Dujodwala Products Ltd
Camphor
99.61
148.15
49%
0.67
0.41
-39%
522
Dynamic Industries Ltd
Dyes
27.47
32.64
19%
0.06
0.13
117%
366
Dynemic Products Ltd
Chemicals
39.10
34.43
-12%
0.47
0.65
38%
150
Elantas Beck India Ltd
Wire enamel
105.77
152.65
44%
0.66
0.67
2%
237
Ellenbarrie Industrial Gases Ltd
Hydrogen, rare & other gases
2.31
2.44
6%
0.50
0.51
2%
779
Fimakem India Ltd
Calcium carbonates
16.80
22.92
36%
2.17
2.53
17%
53
Foseco India Ltd
Miscellaneous chemicals
66.60
104.95
58%
0.35
0.52
49%
301
Gujarat Organics Ltd
Benzoic acid
24.53
23.48
-4%
0.56
0.52
-7%
121
Gulshan Polyols Ltd
Sorbitol
99.15
129.02
30%
23.03
30.78
34%
828
Haryana Leather Chemicals Ltd
Leather auxilliaries
18.85
21.77
15%
0.11
0.09
-18%
135
I T D L Imagetec Ltd
Duplicating ink
10.00
13.20
32%
1.40
1.81
29%
507
India Carbon Ltd
Petroleum coke
95.92
144.68
51%
1.68
1.81
8%
840
India Gelatine & Chemicals Ltd
Gelatin
36.70
45.24
23%
4.63
6.17
33%
785
Indian Toners & Developers Ltd
Duplicating ink
13.63
12.99
-5%
2.09
1.39
-33%
303
Indo Amines Ltd
Organic chemicals
42.72
72.51
70%
0.81
1.18
46%
175
Indo Borax & Chemicals Ltd
Boric acid
16.99
21.35
26%
0.46
0.49
7%
501
J K Agri Genetics Ltd
Pesticides
60.11
56.58
-6%
6.04
5.59
-7%
971
Jayshree Chemicals Ltd
Sodium hydroxide (Caustic Soda)
7.00
4.43
-37%
0.63
0.51
-19%
664
Jaysynth Dyestuff (India) Ltd
Dyes
35.74
32.84
-8%
0.82
1.49
82%
109
Jupiter Bioscience Ltd
Organic chemicals
66.54
115.41
73%
1.69
1.71
1%
683
Kanchi Karpooram Ltd
Camphor
20.99
32.30
54%
0.04
0.04
0%
950
Keltech Energies Ltd
Explosives
68.32
62.65
-8%
0.58
1.37
136%
619
Kilpest India Ltd
Pesticides
11.76
12.57
7%
0.09
0.08
-11%
341
Kirloskar Corrocoat Pvt Ltd
Miscellaneous chemicals
6.19
11.45
85%
1.28
2.64
106%
380
Laffans Petrochemicals Ltd
Ethylene glycols
166.55
202.49
22%
0.35
0.27
-23%
220
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
13.72
17.21
25%
1.70
1.91
12%
7.51
7.94
6%
12.95
17.56
36%
0.63
0.86
37%
0.99
0.98
-1%
6.01
7.46
24%
10.68
14.80
39%
31.67
30.38
-4%
7.42
2.83
-62%
7.86
6.53
-17%
6.39
7.15
12%
0.39
0.51
31%
0.24
0.38
58%
1.10
1.60
45%
0.05
0.01
-80%
2.66
2.84
7%
0.44
0.58
32%
6.61
7.32
11%
4.36
5.38
23%
0.94
1.14
21%
0.33
0.22
-33%
1.20
1.53
28%
0.90
1.38
53%
4.83
9.46
96%
0.58
1.44
148%
1.83
2.72
49%
3.41
7.62
123%
1.03
0.82
-20%
0.10
0.12
20%
1.86
1.78
-4%
3.10
2.52
-19%
7.82
9.05
16%
0.57
1.10
93%
2.92
5.11
75%
10.32
18.01
75%
1.83
2.11
15%
0.21
0.30
43%
1.18
1.48
25%
0.66
0.43
-35%
4.75
5.74
21%
0.78
0.87
12%
1.94
2.42
25%
0.17
0.36
112%
3.59
4.20
17%
1.92
2.48
29%
10.81
14.82
37%
15.77
25.31
60%
13.39
26.49
98%
1.48
1.18
-20%
2.73
3.63
33%
2.68
4.61
72%
2.71
3.58
32%
0.89
1.46
64%
1.87
2.21
18%
2.59
3.99
54%
1.88
2.93
56%
1.93
2.63
36%
11.51
15.15
32%
8.73
16.33
87%
4.07
3.79
-7%
0.75
0.51
-32%
2.41
2.75
14%
3.25
2.12
-35%
30.06
40.45
35%
4.60
7.06
53%
6.36
7.69
21%
16.30
22.36
37%
1.00
1.01
1%
0.66
0.79
20%
1.72
2.07
20%
2.19
2.83
29%
1.52
2.17
43%
0.13
0.28
115%
3.40
3.47
2%
0.04
0.10
150%
2.70
3.74
39%
2.03
2.50
23%
3.93
4.72
20%
14.06
18.32
30%
13.42
14.08
5%
2.60
2.03
-22%
2.65
2.33
-12%
0.71
1.98
179%
3.93
3.87
-2%
0.57
0.54
-5%
3.12
2.89
-7%
0.77
0.03
-96%
1.65
2.13
29%
0.60
1.29
115%
3.04
3.80
25%
9.29
16.36
76%
2.13
2.55
20%
0.26
1.07
312%
1.80
2.16
20%
3.00
4.63
54%
0.22
0.25
14%
0.67
0.73
9%
16.51
19.16
16%
0.04
0.03
-25%
20.55
18.42
-10%
2.32
2.01
-13%
5.76
5.38
-7%
4.06
2.92
-28%
0.16
0.31
94%
0.35
0.24
-31%
1.63
2.31
42%
2.42
2.84
17%
2.34
2.44
4%
0.28
0.34
21%
4.92
6.50
32%
0.15
1.13
653%
1.80
2.09
16%
0.64
0.72
13%
1.78
1.08
-39%
2.54
3.81
50%
1.44
1.32
-8%
1.60
1.05
-34%
5.01
5.92
18%
9.17
8.72
-5%
0.10
0.12
20%
0.03
0.13
333%
0.92
1.13
23%
2.22
2.80
26%
0.27
0.25
-7%
0.32
0.87
172%
1.60
2.94
84%
0.96
2.47
157%
13.28
11.49
-13%
0.41
0.29
-29%
2.69
2.96
10%
23.23
30.04
29%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
221
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
916
Mayur Dye-Chem Intermediates Ltd
Dyes
129.83
128.40
-1%
2.34
1.97
-16%
28
Mazda Colours Ltd
Pigments
48.10
115.11
139%
1.44
2.70
88%
409
Mepco Industries Ltd
Potassium chlorate
8.88
11.54
30%
0.15
0.09
-40%
946
Mysore Paints & Varnish Ltd
Printing ink
6.92
11.71
69%
0.42
0.45
7%
248
Narmada Gelatines Ltd
Gelatin
41.62
51.08
23%
2.49
2.33
-6%
550
New Chemi Inds Ltd
Pesticides
53.24
59.20
11%
0.02
0.05
150%
647
Nikhil Adhesives Ltd
Glues (adhesive)
65.87
87.08
32%
0.23
0.21
-9%
926
Nitta Gelatin India Ltd
Chemicals
90.65
121.92
34%
2.85
4.21
48%
204
Nutraplus India Ltd
Anisole
9.80
20.94
114%
0.12
0.06
-50%
983
Ocean Agro (India) Ltd
Pesticides
2.62
3.06
17%
0.04
0.03
-25%
60
Omkar Speciality Chemicals Ltd
Chemical elements
52.42
83.70
60%
0.86
1.58
84%
260
Paushak Ltd
Miscellaneous chemicals
8.87
12.88
45%
1.41
1.47
4%
44
Plastiblends India Ltd
Other colouring substances
156.86
201.18
28%
2.67
2.96
11%
494
Poddar Pigments Ltd
Synthetic colouring substances
119.80
148.98
24%
1.87
1.93
3%
378
Prasol Chemicals Ltd
Phosphorous
77.08
92.13
20%
1.76
1.10
-38%
568
Premier Explosives Ltd
Industrial explosives
40.47
41.68
3%
0.19
0.28
47%
782
Rathi Graphic Technologies Ltd
Chemicals for photographic uses
8.97
9.92
11%
0.02
0.18
800%
475
Ritesh International Ltd
Stearic acid
9.28
16.56
78%
0.39
0.88
126%
903
Sagar Petroleums Ltd
Lube oils & lubricants
4.21
5.59
33%
0.03
0.02
-33%
590
Shiva Global Agro Inds Ltd
Single superphosphate
40.34
40.21
0%
1.18
1.29
9%
766
Shree Hari Chemicals Export Ltd
Acid
47.48
49.92
5%
0.87
1.33
53%
790
Shri Chlochem Ltd
Monochloroacetic acid
5.75
16.49
187%
0.21
0.61
190%
319
Smartchem Technologies Ltd
Ammonium nitrate
26.65
37.70
41%
1.13
2.73
142%
860
Southern Gas Ltd
Hydrogen, rare & other gases
4.04
6.13
52%
0.33
0.34
3%
18
Sree Rayalaseema Hi-Strength Hypo Ltd
Inorganic chemicals
75.71
103.20
36%
9.98
12.14
22%
835
Sulzer Chemtech Tower Field Services (India) Pvt Ltd
Fertilisers
2.07
1.13
-45%
1.82
1.13
-38%
796
Sunshield Chemicals Ltd
Phenols & their derivatives
42.77
55.21
29%
1.48
1.60
8%
977
Tinna Overseas Ltd
Bitumen & asphalt
53.28
67.16
26%
0.39
0.44
13%
25
Transpek Industry Ltd
Chlorides, chloride oxides & hydroxides
36.54
76.50
109%
0.53
1.32
149%
95
Ultramarine & Pigments Ltd
Ultramarine
40.64
44.11
9%
0.57
0.47
-18%
747
Universal Petrochemicals Ltd
Lube oils & lubricants
19.57
23.52
20%
0.01
0.01
0%
Gloves, mittens, etc.
31.40
46.22
47%
1.21
1.79
48%
CLOTHING & TEXTILES 398
Acknit Industries Ltd
222
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
10.77
11.80
10%
1.36
1.21
-11%
3.13
3.43
10%
0.98
0.17
-83%
13.03
14.42
11%
1.42
0.99
-30%
9.01
10.58
17%
5.71
12.25
115%
2.33
1.02
-56%
2.51
2.80
12%
0.85
0.94
11%
1.75
2.37
35%
0.04
0.04
0%
0.20
0.09
-55%
1.63
1.88
15%
1.16
1.49
28%
13.57
14.87
10%
1.08
0.63
-42%
7.33
7.75
6%
3.86
5.58
45%
0.27
0.20
-26%
0.20
0.30
50%
4.24
5.12
21%
0.12
0.09
-25%
1.00
1.38
38%
0.13
0.13
0%
2.63
3.08
17%
8.80
13.17
50%
21.58
24.87
15%
9.45
8.40
-11%
9.57
10.46
9%
4.24
4.71
11%
0.81
1.55
91%
0.43
0.68
58%
0.50
0.64
28%
0.86
2.78
223%
0.23
0.21
-9%
0.18
0.21
17%
0.83
1.58
90%
0.54
0.82
52%
0.44
0.45
2%
0.70
0.85
21%
2.45
2.13
-13%
4.47
7.97
78%
3.50
3.33
-5%
0.57
0.83
46%
3.57
3.70
4%
1.14
1.67
46%
5.89
6.81
16%
0.52
0.89
71%
5.17
7.47
44%
14.95
23.02
54%
2.85
3.23
13%
0.82
0.70
-15%
7.17
8.77
22%
9.39
14.10
50%
7.85
8.53
9%
1.15
0.79
-31%
2.48
3.06
23%
9.60
14.56
52%
0.81
0.89
10%
2.72
3.27
20%
15.46
19.11
24%
6.35
7.59
20%
1.13
1.12
-1%
0.26
0.22
-15%
1.30
1.62
25%
1.58
1.83
16%
1.56
2.76
77%
0.05
0.18
260%
0.54
0.92
70%
1.02
2.11
107%
0.06
0.05
-17%
0.07
0.06
-14%
0.45
0.56
24%
1.74
2.29
32%
1.30
1.67
28%
0.21
0.15
-29%
0.59
0.71
20%
0.13
0.15
15%
7.93
8.68
9%
0.27
0.52
93%
4.28
4.79
12%
0.11
0.03
-73%
0.25
0.64
156%
0.07
0.31
343%
0.33
0.85
158%
0.29
1.04
259%
4.22
5.24
24%
0.42
0.63
50%
3.86
2.71
-30%
4.16
6.58
58%
2.43
2.72
12%
0.92
1.36
48%
3.12
3.35
7%
0.65
1.01
55%
5.13
7.08
38%
10.92
10.88
0%
7.90
8.44
7%
3.38
7.16
112%
0.08
0.16
100%
0.19
0.33
74%
8.73
10.08
15%
0.11
0.10
-9%
2.04
2.98
46%
0.97
0.92
-5%
2.56
3.06
20%
4.46
6.26
40%
0.54
1.16
115%
1.33
1.30
-2%
3.87
5.22
35%
7.92
11.01
39%
11.21
14.16
26%
5.78
6.95
20%
12.43
17.82
43%
4.33
7.47
73%
8.76
11.20
28%
3.79
4.56
20%
14.92
17.22
15%
9.85
12.68
29%
0.12
0.12
0%
0.27
0.21
-22%
0.79
0.83
5%
5.55
6.03
9%
0.69
0.98
42%
0.61
0.60
-2%
1.31
1.64
25%
0.27
0.56
107%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
223
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
318
Amarjothi Spinning Mills Ltd
Cotton yarn
57.18
78.99
38%
2.78
3.54
27%
875
Anant Syntex Ltd
Cloth processed
8.27
10.66
29%
2.52
2.63
4%
385
Anjani Synthetics Ltd
Cloth (Fabrics)
130.50
195.15
50%
4.00
4.98
25%
415
Arex Industries Ltd
Textile labels, badges, etc.
6.46
7.50
16%
0.53
0.86
62%
663
Asahi Industries Ltd
Cotton yarn
59.31
89.86
52%
0.67
1.07
60%
232
Aunde India Ltd
Coated / laminated textile fabrics
27.42
35.14
28%
0.65
0.71
9%
216
B S L Ltd
Woven blended fabrics of synthetic staple fibres &c
29.31
60.68
107%
14.23
13.85
-3%
954
Balkrishna Synthetics Ltd
Cloth processed
10.86
10.11
-7%
2.64
3.00
14%
562
Bhandari Hosiery Exports Ltd
Apparels - knitted / crocheted
29.48
16.99
-42%
3.05
3.19
5%
639
Fairdeal Filaments Ltd
Cotton & blended yarn
40.08
58.73
47%
2.64
3.67
39%
708
Faze Three Ltd
Cotton durries
65.93
71.84
9%
2.31
2.29
-1%
723
Filatex Fashions Ltd
Knitted / crocheted fabrics
36.46
59.59
63%
0.04
0.01
-75%
32
Ganesha Ecosphere Ltd
Polyester staple fibre (PSF)
117.97
200.95
70%
7.47
8.40
12%
660
Gini Silk Mills Ltd
Woven fabrics of synthetic filament yarns
13.97
15.44
11%
0.42
0.52
24%
632
Haryana Texprints (Overseas) Ltd
Cloth processed
30.46
36.33
19%
1.23
1.65
34%
219
Himachal Fibres Ltd
Cotton & cotton textiles
37.61
81.85
118%
0.20
2.59
1195%
737
Hind Filters Ltd
Cigarette filter rods
33.12
33.79
2%
0.25
0.28
12%
588
I T C Filtrona Ltd
Cigarette filter rods
98.72
103.75
5%
0.89
0.86
-3%
892
Indian Card Clothing Co Ltd
Metallised yarn
19.04
19.92
5%
0.69
0.94
36%
84
Jamshri Ranjitsinghji Spg & Wvg Mills Co Ltd
Cotton & blended yarn
26.77
33.42
25%
1.22
1.35
11%
406
Jasch Industries Ltd
Coated / laminated textile fabrics
48.48
56.29
16%
2.51
2.47
-2%
203
Kamadgiri Fashion Ltd
Cloth (Fabrics)
38.77
78.91
104%
1.53
1.97
29%
62
Kandagiri Spinning Mills Ltd
Cotton yarn
63.07
98.26
56%
3.33
4.43
33%
402
Katare Spinning Mills Ltd
Cotton yarn
10.53
13.07
24%
0.60
0.64
7%
512
Konark Synthetic Ltd
Cloth (Fabrics)
56.24
67.70
20%
1.84
2.44
33%
258
Lambodhara Textiles Ltd
Cotton yarn
37.49
51.54
37%
0.41
1.02
149%
181
Mahalaxmi Rubtech Ltd
Cotton & cotton textiles
48.99
88.89
81%
2.76
3.67
33%
103
Maris Spinners Ltd
Cotton yarn
39.82
65.74
65%
1.80
2.43
35%
40
Mayur Uniquoters Ltd
Other coated / laminated textile fabrics
120.23
184.28
53%
6.03
8.40
39%
817
Meenakshi (India) Ltd
Apparels (Readymade garment)
10.78
11.65
8%
0.08
0.17
113%
952
Mid India Inds Ltd
Cotton & blended yarn
16.19
22.52
39%
0.57
0.78
37%
310
Mohit Industries Ltd
Cotton & blended yarn
91.21
119.62
31%
2.94
3.33
13%
435
Oswal Knit India Ltd
Textiles
36.55
62.20
70%
3.08
5.03
63%
224
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
1.60
2.34
46%
1.25
1.71
37%
5.14
6.90
34%
0.08
0.12
50%
9.32
10.70
15%
1.03
0.81
-21%
4.51
5.36
19%
0.03
0.03
0%
12.15
13.48
11%
0.66
0.55
-17%
2.23
2.44
9%
0.09
0.10
11%
1.15
0.52
-55%
0.16
0.12
-25%
2.83
3.03
7%
0.02
0.17
750%
8.91
10.62
19%
0.14
0.22
57%
3.96
7.66
93%
0.54
0.27
-50%
1.07
1.06
-1%
0.20
0.27
35%
2.71
3.30
22%
4.76
7.16
50%
21.70
22.25
3%
1.59
1.68
6%
25.39
30.61
21%
0.32
0.90
181%
10.70
12.87
20%
0.65
1.28
97%
4.38
5.14
17%
0.04
0.07
75%
2.51
2.54
1%
0.45
0.41
-9%
4.88
4.89
0%
0.01
0.01
0%
2.99
3.75
25%
0.36
0.45
25%
2.61
3.44
32%
3.57
4.64
30%
8.59
10.62
24%
1.41
1.54
9%
11.86
13.79
16%
0.02
0.23
1050%
0.18
0.12
-33%
0.12
0.06
-50%
0.36
0.35
-3%
0.05
0.01
-80%
16.15
22.36
38%
2.24
3.11
39%
7.68
10.63
38%
0.06
4.28
7033%
4.81
5.61
17%
0.20
0.24
20%
1.77
2.24
27%
0.09
0.07
-22%
5.33
6.26
17%
0.82
0.93
13%
2.82
3.17
12%
0.04
0.05
25%
0.77
4.16
440%
0.02
0.08
300%
0.25
5.26
2004%
0.07
0.09
29%
0.22
0.24
9%
0.29
0.28
-3%
2.54
2.52
-1%
3.04
4.05
33%
0.87
0.98
13%
0.78
0.72
-8%
2.18
2.49
14%
10.47
12.47
19%
2.80
2.98
6%
1.63
2.14
31%
13.01
14.81
14%
4.22
4.82
14%
4.99
5.66
13%
0.61
0.76
25%
1.96
2.29
17%
1.53
0.42
-73%
3.20
4.55
42%
0.67
0.66
-1%
2.37
2.65
12%
4.85
7.32
51%
2.01
3.07
53%
0.78
1.25
60%
10.78
13.60
26%
0.04
0.25
525%
18.47
22.09
20%
1.73
1.82
5%
8.74
12.55
44%
1.95
2.98
53%
2.09
2.04
-2%
0.20
0.41
105%
1.81
2.12
17%
0.18
0.13
-28%
3.20
3.98
24%
0.35
0.46
31%
4.62
4.94
7%
0.01
0.01
0%
4.64
7.25
56%
0.34
0.60
76%
1.15
1.94
69%
0.27
1.01
274%
18.83
22.36
19%
0.13
0.13
0%
2.95
3.17
7%
0.66
1.09
65%
8.36
10.26
23%
1.23
1.59
29%
3.63
4.54
25%
0.10
0.11
10%
1.53
1.62
6%
1.42
1.65
16%
5.12
7.00
37%
11.47
20.68
80%
0.26
0.34
31%
0.56
0.42
-25%
5.09
6.16
21%
0.06
0.14
133%
2.89
3.43
19%
0.13
0.16
23%
1.57
1.86
18%
0.11
0.02
-82%
4.55
4.92
8%
0.32
0.47
47%
3.54
5.87
66%
0.01
0.71
7000%
0.57
0.84
47%
0.72
1.01
40%
2.35
3.59
53%
0.13
0.02
-85%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
225
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
816
Oswal Spinning & Wvg Mills Ltd
Cotton yarn
69.39
104.80
51%
0.11
0.12
9%
36
P B M Polytex Ltd
Cotton & blended yarn
88.08
127.50
45%
4.23
4.76
13%
281
Paras Petrofils Ltd
Polyester filament yarn (PFY)
75.86
91.29
20%
1.67
1.99
19%
526
Prakash Woollen Mills Ltd
Blankets & travelling rugs
21.77
27.52
26%
1.87
2.19
17%
690
Pranavaditya Spinning Mills Ltd
Cotton yarn
19.67
35.31
80%
0.72
1.05
46%
72
Priyadarshini Spinning Mills Ltd
Synthetic filament yarn other than sewing threads
132.22
186.59
41%
11.51
13.28
15%
374
Quantum Knits Pvt Ltd
Apparels (Readymade garment)
34.96
95.24
172%
0.07
0.20
186%
38
Rajvir Industries Ltd
Cotton yarn
127.35
161.87
27%
4.56
5.05
11%
372
Reliance Jute Mills (International) Ltd
Jute & jute products
101.80
174.70
72%
9.72
12.65
30%
309
Richa Industries Ltd
Cloth processed
134.29
176.43
31%
0.57
2.18
282%
5
Ruby Mills Ltd
Cloth (Fabrics)
48.88
55.26
13%
15.63
16.81
8%
82
S E L Textiles Ltd
Cotton yarn
27.69
120.42
335%
0.06
0.27
350%
173
Salona Cotspin Ltd
Cotton & cotton textiles
34.98
55.95
60%
0.30
0.43
43%
41
Sambandam Spinning Mills Ltd
Cotton yarn
80.49
115.16
43%
3.84
5.99
56%
839
Samtex Fashions Ltd
Men's suits, trousers, etc.
39.91
41.91
5%
0.39
0.27
-31%
671
Sanrhea Technical Textiles Ltd
Cloth (Fabrics)
13.45
20.08
49%
0.37
0.40
8%
918
Santosh Fine-Fab Ltd
Cloth (Fabrics)
6.26
8.96
43%
0.15
0.14
-7%
242
Sarla Performance Fibres Ltd
Textured yarn of synthetic filament yarn
63.80
95.59
50%
3.31
5.00
51%
271
Sarup Industries Ltd
Leather shoes
21.17
35.13
66%
0.30
0.50
67%
904
Seasons Textiles Ltd
Cloth (Fabrics)
12.15
11.58
-5%
0.15
0.06
-60%
791
Shree Bharani Spinnings (India) Ltd
High tenacity yarn of viscose rayon
15.12
16.19
7%
0.63
0.86
37%
343
Shri Dinesh Mills Ltd
Woven fabrics of wool
22.91
25.85
13%
2.81
2.91
4%
340
Southern Spinners & Processors Ltd
Cotton yarn
29.14
48.26
66%
0.97
1.31
35%
643
Spenta International Ltd
Other clothing accessories, knitted or crocheted
10.22
10.88
6%
0.26
0.15
-42%
177
Sri Venkatesa Mills Ltd
Cotton & blended yarn
9.59
15.39
60%
0.54
1.19
120%
906
Subh Laxmi Syntex Ltd
Cloth (Fabrics)
15.91
18.47
16%
0.40
0.73
83%
259
Super Tannery Ltd
Leather, canvas & other shoes
89.15
130.75
47%
40.94
55.92
37%
126
Suryaamba Spinning Mills Ltd
Polyester filament yarn (PFY)
60.57
81.00
34%
0.95
1.00
5%
7
Suryalata Spinning Mills Ltd
Cotton & blended yarn
117.99
165.43
40%
2.50
2.72
9%
14
Suryavanshi Spinning Mills Ltd
Cotton & blended yarn
113.44
180.59
59%
2.51
2.90
16%
255
Tamilnadu Jai Bharath Mills Ltd
Cotton yarn
49.90
51.80
4%
1.92
2.13
11%
895
Thirumagal Mills Ltd
Cotton yarn
7.87
12.56
60%
0.42
0.88
110%
466
Threads (India) Ltd
Sewing thread of man-made filaments
30.34
44.57
47%
0.45
0.57
27%
226
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
10.73
11.24
5%
1.66
2.21
33%
6.01
6.50
8%
0.10
0.10
0%
20.29
22.56
11%
3.97
3.92
-1%
13.27
15.57
17%
1.63
1.93
18%
5.67
7.05
24%
0.17
0.19
12%
1.03
1.14
11%
12.00
17.77
48%
3.65
4.21
15%
0.59
0.82
39%
2.08
2.24
8%
0.37
1.27
243%
4.47
5.94
33%
0.10
0.24
140%
2.67
3.34
25%
0.06
0.13
117%
17.57
20.43
16%
1.77
2.54
44%
17.77
18.26
3%
0.22
0.28
27%
1.75
2.76
58%
0.67
1.16
73%
13.86
24.71
78%
0.01
0.01
0%
19.39
22.67
17%
2.40
3.28
37%
13.57
17.91
32%
0.38
0.45
18%
8.79
11.70
33%
2.73
7.26
166%
29.24
44.86
53%
0.24
0.27
13%
7.02
9.71
38%
1.83
1.94
6%
5.10
8.60
69%
0.07
0.19
171%
23.68
25.96
10%
1.78
1.40
-21%
15.50
16.21
5%
0.74
0.64
-14%
4.06
17.23
324%
0.17
0.69
306%
1.79
6.70
274%
0.04
0.10
150%
3.11
3.46
11%
1.93
2.74
42%
1.51
1.69
12%
0.80
1.05
31%
14.19
21.98
55%
2.24
2.26
1%
11.62
14.92
28%
3.47
5.32
53%
1.13
1.30
15%
0.44
0.43
-2%
6.82
7.21
6%
0.11
0.09
-18%
0.41
0.54
32%
0.07
0.10
43%
1.20
1.55
29%
1.68
3.37
101%
0.37
0.36
-3%
0.15
0.15
0%
0.74
0.80
8%
1.52
2.01
32%
9.72
9.70
0%
1.78
1.70
-4%
2.77
3.27
18%
4.36
7.94
82%
0.65
1.11
71%
0.92
0.80
-13%
8.36
11.65
39%
0.27
0.30
11%
1.03
1.35
31%
0.80
0.92
15%
2.72
3.40
25%
0.03
0.05
67%
1.96
2.40
22%
0.23
0.53
130%
1.17
1.67
43%
0.01
0.02
100%
2.92
4.06
39%
2.52
3.13
24%
17.44
18.32
5%
4.02
4.99
24%
3.53
4.81
36%
0.72
0.94
31%
3.82
3.84
1%
0.93
1.19
28%
1.10
1.11
1%
0.37
0.27
-27%
1.20
1.28
7%
0.01
0.07
600%
4.53
5.93
31%
0.75
2.76
268%
1.16
2.41
108%
0.10
0.07
-30%
1.86
1.86
0%
0.10
0.17
70%
1.43
1.67
17%
0.01
0.01
0%
5.21
6.17
18%
1.45
1.53
6%
10.76
14.20
32%
0.51
0.62
22%
6.30
7.73
23%
1.30
1.45
12%
6.14
8.47
38%
2.86
3.46
21%
12.57
18.70
49%
3.18
3.82
20%
9.81
12.69
29%
2.18
2.47
13%
17.63
22.56
28%
4.07
7.37
81%
13.20
18.74
42%
2.98
3.99
34%
14.96
15.56
4%
0.87
0.98
13%
6.53
7.31
12%
0.05
0.03
-40%
2.20
2.43
10%
0.05
0.10
100%
1.67
2.01
20%
0.19
0.19
0%
4.06
5.64
39%
2.27
2.43
7%
8.30
10.77
30%
0.05
0.04
-20%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
227
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
Manufacturing expenses smbs
2009-10
821
Uniroyal Industries Ltd
Textile labels, badges, etc.
2.52
3.06
21%
0.51
0.35
-31%
99
V M T Spinning Co Ltd
Cotton yarn
60.09
80.86
35%
0.49
0.55
12%
125
V T X Industries Ltd
Cloth (Fabrics)
43.84
63.30
44%
12.89
14.47
12%
545
Valson Industries Ltd
Textured yarn of synthetic filament yarn
40.69
52.84
30%
0.65
0.63
-3%
331
Vippy Spinpro Ltd
Cotton yarn
38.00
68.05
79%
0.71
0.72
1%
855
Virat Industries Ltd
Apparels - knitted / crocheted
5.50
6.45
17%
0.56
0.52
-7%
223
Voith Paper Fabrics India Ltd
Felt
15.25
16.43
8%
2.14
2.04
-5%
527
Wires & Fabriks (SA) Ltd
Textile products for technical uses
15.60
18.68
20%
4.54
4.92
8%
611
Zenith Fibres Ltd
Polypropylene fibre
21.82
27.79
27%
0.25
0.38
52%
224
Zodiac Clothing Co Ltd
Apparels (Readymade garment)
75.47
89.84
19%
0.75
1.11
48%
I 2 Rank
COMPANY
INDUSTRIAL ACTIVITY
2.0 Top
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
COSMETICS & SOAPS 100
A V T Natural Products Ltd
Essential oils
32.42
68.78
112%
5.25
6.75
29%
965
Ador Multiproducts Ltd
Powders (Talcum powder)
1.59
1.73
9%
0.07
0.07
0%
292
Indfrag Ltd
Essential oils other than of citrus fruits
11.93
19.99
68%
5.90
8.65
47%
337
J H S Svendgaard Laboratories Ltd
Preparations for oral or dental hygiene
24.26
23.08
-5%
0.10
0.13
30%
732
Karnataka Soaps & Detergents Ltd
Soap
90.09
94.23
5%
0.93
0.51
-45%
714
Paramount Cosmetics (India) Ltd
Skin preperation and deodarants
1.38
13.11
850%
0.01
0.01
0%
DIVERSIFIED MANUFACTURING 669
Cigfil Ltd
Diversified
37.24
46.96
26%
1.81
2.31
28%
479
Eaton Fluid Power Ltd
Diversified
55.91
79.72
43%
1.71
2.37
39%
149
Empire Industries Ltd
Diversified
47.95
57.50
20%
6.42
6.97
9%
120
Ewac Alloys Ltd
Diversified
42.65
50.77
19%
1.69
1.45
-14%
549
Gujarat Craft Inds Ltd
Diversified
21.62
30.88
43%
0.44
0.67
52%
186
K L R F Ltd
Diversified
117.25
153.62
31%
6.37
9.82
54%
157
Keventer Agro Ltd
Diversified
57.71
69.50
20%
1.61
2.14
33%
880
Krypton Industries Ltd
Diversified
14.46
15.65
8%
1.52
1.65
9%
887
Lubi Electricals Ltd
Diversified
56.15
73.00
30%
26.21
34.26
31%
448
Malankara Plantations Ltd
Diversified
1.07
1.28
20%
1.07
1.28
20%
115
Mallcom (India) Ltd
Diversified
55.47
72.53
31%
5.52
7.05
28%
500
N C L Alltek & Seccolor Ltd
Diversified
42.42
56.49
33%
6.79
7.57
11%
56
Orient Press Ltd
Diversified
46.78
100.34
114%
0.89
2.06
131%
312
T A L Manufacturing Solutions Ltd
Diversified
90.04
141.44
57%
1.12
1.13
1%
417
T Stanes & Co Ltd
Diversified
57.28
42.68
-25%
0.16
0.15
-6%
228
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
0.87
1.25
44%
0.18
0.22
22%
1.72
2.33
35%
0.01
0.02
100%
9.94
11.35
14%
2.73
3.23
18%
4.94
6.02
22%
0.06
0.04
-33%
14.89
18.26
23%
2.75
2.42
-12%
8.61
17.59
104%
0.27
0.41
52%
7.15
8.16
14%
0.70
0.62
-11%
2.31
2.70
17%
0.87
0.96
10%
3.19
4.49
41%
0.18
0.27
50%
1.09
1.28
17%
0.01
0.07
600%
1.00
1.08
8%
0.07
0.06
-14%
1.32
1.62
23%
0.02
0.03
50%
2.84
3.46
22%
2.94
2.61
-11%
9.30
10.20
10%
5.13
5.62
10%
2.36
2.83
20%
1.12
1.13
1%
9.22
11.17
21%
4.37
5.99
37%
1.63
1.79
10%
0.10
0.11
10%
1.52
1.72
13%
1.85
2.41
30%
4.44
4.78
8%
3.68
4.66
27%
41.33
51.92
26%
0.77
1.91
148%
5.74
8.66
51%
3.36
4.37
30%
8.15
10.75
32%
0.23
0.56
143%
0.10
0.09
-10%
0.13
0.11
-15%
0.92
0.91
-1%
0.74
0.95
28%
3.23
3.80
18%
0.72
1.08
50%
3.60
3.18
-12%
0.12
0.12
0%
1.58
0.93
-41%
0.93
0.88
-5%
4.09
3.36
-18%
0.18
0.32
78%
3.36
3.68
10%
1.87
0.97
-48%
30.45
34.27
13%
15.11
16.95
12%
0.02
0.02
0%
0.16
0.29
81%
3.72
3.43
-8%
0.03
0.01
-67%
2.53
3.59
42%
1.41
1.38
-2%
10.59
11.68
10%
3.08
3.94
28%
2.74
3.07
12%
0.95
1.11
17%
12.22
16.84
38%
5.28
10.47
98%
18.65
19.41
4%
6.76
7.85
16%
39.31
48.54
23%
8.85
10.57
19%
1.54
1.61
5%
1.22
1.15
-6%
7.60
9.72
28%
6.09
11.11
82%
1.48
1.92
30%
0.05
0.07
40%
0.27
0.29
7%
1.79
2.14
20%
6.90
11.54
67%
3.51
6.35
81%
7.52
10.84
44%
7.20
9.55
33%
2.87
4.05
41%
1.24
1.24
0%
8.86
10.60
20%
0.52
0.90
73%
0.60
0.71
18%
0.07
0.21
200%
2.72
3.53
30%
0.33
0.42
27%
4.86
5.67
17%
0.85
1.36
60%
9.29
10.78
16%
3.70
5.77
56%
1.10
1.15
5%
0.79
1.07
35%
5.94
6.41
8%
0.20
0.16
-20%
1.56
2.33
49%
0.95
1.55
63%
1.92
3.05
59%
0.09
0.15
67%
0.67
0.80
19%
0.77
0.68
-12%
9.41
11.63
24%
16.97
22.20
31%
2.09
4.39
110%
0.84
1.79
113%
3.69
8.60
133%
2.98
6.84
130%
1.13
1.70
50%
0.69
0.79
14%
34.83
41.63
20%
11.07
16.08
45%
0.57
0.70
23%
1.13
1.34
19%
12.41
13.51
9%
2.23
3.42
53%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
229
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
ELECTRICAL & ELECTRONIC GOODS 556
Amco Saft India Ltd
Storage batteries
30.09
28.29
-6%
0.10
0.18
80%
838
Ashtech Infotech Pvt Ltd
Data processing systems & office equipment
0.03
0.04
33%
0.03
0.04
33%
344
Avantel Ltd
Filters
9.55
8.34
-13%
0.04
0.07
75%
39
B S & B Safety Systems (I) Ltd
Miscellaneous components
6.76
10.94
62%
0.67
0.98
46%
197
Cosmo Ferrites Ltd
Soft ferrites
15.36
19.47
27%
4.79
6.39
33%
268
Elgi Ultra Inds Ltd
Grinders & mixers
48.15
60.68
26%
0.01
0.02
100%
759
Forbes Aquamall Ltd
Vacuum cleaners
52.09
57.16
10%
0.31
0.27
-13%
287
Frick India Ltd
Freezers
55.82
83.57
50%
18.26
34.98
92%
164
Hind Rectifiers Ltd
Electronics
41.95
61.43
46%
0.25
0.32
28%
511
Indfos Industries Ltd
Temperature controllers
6.36
6.32
-1%
0.43
0.27
-37%
246
Kavveri Telecom Products Ltd
Antennas
27.20
5.34
-80%
0.06
0.02
-67%
222
Lakshmi Electrical Control Systems Ltd
Control panels
73.14
112.35
54%
0.23
0.44
91%
536
M I C Electronics Ltd
LED displays
145.84
252.18
73%
0.16
0.06
-63%
92
M I L Controls Ltd
Control valves
38.24
43.57
14%
1.30
1.42
9%
775
M V L Telecom Ltd
Video/TV games
0.72
0.72
0%
0.01
0.01
0%
426
Mazda Ltd
Domestic appliances (Electro-mechanical)
41.52
46.71
13%
1.17
1.10
-6%
678
Panasonic Energy India Co Ltd
Dry cells
98.99
107.17
8%
0.97
1.12
15%
579
Panasonic Home Appliances India Co Ltd
Domestic appliances (Electro-mechanical)
51.40
78.73
53%
1.71
2.41
41%
58
Poly Medicure Ltd
Medical equipment
40.25
49.70
23%
1.91
2.29
20%
289
Rajasthan Electronics & Instruments Ltd
Control instrumentation & industrial electronics
64.19
95.74
49%
0.26
0.30
15%
566
Rexnord Electronics & Controls Ltd
Instrument cooling fans
10.83
17.16
58%
0.50
0.32
-36%
187
Roots Multiclean Ltd
Household or laundry-type washing mahchines
22.50
25.81
15%
0.24
0.28
17%
696
S P E L Semiconductor Ltd
Integrated circuits
43.07
43.62
1%
6.53
7.52
15%
373
Salzer Electronics Ltd
Rotary switches
122.78
124.32
1%
0.71
0.90
27%
914
Sharp India Ltd
Television receivers
60.47
61.42
2%
2.20
2.25
2%
363
Smartlink Network Systems Ltd
Computer peripherals
33.37
11.13
-67%
2.78
0.40
-86%
114
Surana Ventures Ltd
Solar modules
19.81
74.40
276%
0.17
0.87
412%
67
Symphony Ltd
Coolers
89.97
140.16
56%
0.01
0.03
200%
89
Venture Lighting India Ltd
Lamps
81.08
87.11
7%
2.86
2.88
1%
ELECTRICAL EQUIPMENT 471
Ador Powertron Ltd
Rectifiers
38.87
43.65
12%
0.06
0.11
83%
284
B C H Electric Ltd
Switching apparatus
76.35
106.29
39%
5.77
7.37
28%
230
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
0.30
0.39
30%
0.34
0.31
-9%
2.87
3.25
13%
2.51
3.69
47%
0.18
0.16
-11%
0.17
0.15
-12%
4.96
5.36
8%
0.02
0.06
200%
0.16
0.18
13%
0.39
0.43
10%
3.03
3.29
9%
1.15
1.87
63%
0.32
0.40
25%
0.82
0.73
-11%
3.34
4.29
28%
1.75
4.36
149%
4.35
6.00
38%
0.70
1.30
86%
5.97
7.76
30%
1.80
1.98
10%
1.06
1.14
8%
1.00
1.32
32%
6.47
6.62
2%
1.94
3.11
60%
0.12
0.14
17%
0.23
0.33
43%
1.03
1.14
11%
0.65
0.02
-97%
2.20
2.17
-1%
0.45
0.53
18%
14.02
17.01
21%
3.60
6.33
76%
1.01
1.26
25%
0.32
0.47
47%
8.88
11.34
28%
4.33
6.48
50%
0.34
0.32
-6%
0.15
0.10
-33%
3.48
3.31
-5%
1.21
1.21
0%
0.15
0.15
0%
0.42
0.42
0%
7.49
6.93
-7%
9.77
1.77
-82%
0.89
1.22
37%
0.89
1.98
122%
6.32
7.73
22%
8.87
15.65
76%
0.38
0.51
34%
0.49
0.50
2%
5.23
10.84
107%
8.51
14.43
70%
0.42
0.48
14%
0.74
1.26
70%
8.73
10.27
18%
6.52
8.99
38%
0.02
0.02
0%
0.05
0.05
0%
1.21
1.21
0%
0.07
0.07
0%
0.67
0.70
4%
0.66
0.66
0%
6.80
7.84
15%
5.18
6.58
27%
2.90
3.12
8%
0.81
0.90
11%
14.98
16.05
7%
18.74
24.43
30%
2.79
3.90
40%
0.84
1.00
19%
10.54
13.72
30%
10.10
15.68
55%
4.88
6.74
38%
2.19
1.97
-10%
20.88
26.33
26%
2.05
2.05
0%
0.31
0.32
3%
0.26
0.12
-54%
13.84
14.62
6%
1.64
1.55
-5%
0.51
0.61
20%
0.64
0.56
-13%
0.91
1.09
20%
2.44
3.63
49%
0.30
0.34
13%
1.58
2.18
38%
10.00
11.86
19%
2.00
3.17
59%
3.79
5.27
39%
1.60
1.25
-22%
12.94
14.62
13%
0.14
0.26
86%
3.33
3.65
10%
4.30
5.96
39%
5.69
7.41
30%
20.59
19.63
-5%
0.53
0.54
2%
0.43
0.57
33%
9.57
9.84
3%
7.71
8.72
13%
1.51
0.99
-34%
1.96
1.11
-43%
19.01
13.72
-28%
7.12
1.95
-73%
0.31
0.41
32%
0.06
0.18
200%
0.31
1.66
435%
1.07
2.06
93%
0.05
0.05
0%
0.43
0.54
26%
9.27
12.54
35%
18.86
23.16
23%
3.49
3.76
8%
1.64
2.93
79%
11.67
12.19
4%
0.24
0.47
96%
0.96
0.77
-20%
0.47
0.53
13%
8.85
9.31
5%
5.14
5.89
15%
3.69
5.03
36%
2.56
2.58
1%
36.55
40.96
12%
17.15
20.41
19%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
231
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
870
Bharat Wire Ropes Ltd
Electrical machinery other than electronics
70.05
69.28
-1%
0.01
0.09
800%
883
C G Lucy Switchgear Ltd
Switching apparatus
71.94
47.46
-34%
0.21
0.17
-19%
133
C T R Manufacturing Inds Ltd
On load tap changing gears
61.66
80.21
30%
0.40
0.51
28%
741
D & H India Ltd
Welding electrodes / sticks / wires / fluxes
36.29
39.95
10%
0.05
0.05
0%
367
Delta Magnets Ltd
Hard ferrites
2.69
3.31
23%
1.53
1.79
17%
764
E C E Industries Ltd
Transformers
116.98
135.54
16%
4.05
4.13
2%
434
Fluidomat Ltd
Electro-magnetic couplings
8.06
9.89
23%
0.57
0.70
23%
405
G E E Ltd
Welding machinery
88.67
106.57
20%
1.79
1.99
11%
829
Goldstone Infratech Ltd
Electrical insulators
42.19
41.99
0%
0.20
0.17
-15%
322
Hematic Motors Ltd
Electric motors
27.26
68.82
152%
0.99
2.25
127%
134
Igarashi Motors India Ltd
AC motors, others
101.55
130.93
29%
5.04
5.84
16%
421
J S L Industries Ltd
Generators, transformers & switchgears
22.73
31.89
40%
0.32
0.64
100%
97
Modison Metals Ltd
Contactors
69.61
90.86
31%
1.50
1.91
27%
684
Panasonic Carbon India Co Ltd
Welding machinery
8.86
7.73
-13%
1.16
0.70
-40%
172
Pitti Laminations Ltd
Stampings & laminations
101.24
180.50
78%
4.89
8.65
77%
430
R T S Power Corpn Ltd
Transformers
82.70
116.30
41%
5.93
7.62
28%
734
Shilchar Technologies Ltd
Transformers
57.85
75.88
31%
0.17
0.18
6%
129
Standard Electrical Ltd
Switchgears
31.28
34.61
11%
0.64
0.42
-34%
685
Transformers & Electricals, Kerala Ltd
Transformers
108.04
124.06
15%
2.53
2.72
8%
713
Weld Excel India Ltd
Welding electrodes / sticks / wires / fluxes
18.72
21.63
16%
0.58
0.29
-50%
FOOD PRODUCTS 59
Amrit Corp Ltd
Milk
23.63
28.64
21%
3.52
4.14
18%
480
Andrew Yule & Co Ltd
Tea
64.30
87.20
36%
18.16
14.44
-20%
220
Anmol Biscuits Ltd
Biscuits
115.74
143.81
24%
0.60
0.90
50%
864
Apis India Ltd
Honey
35.65
50.22
41%
2.40
1.90
-21%
609
Associated Alcohols & Breweries Ltd
Ethyl alcohol (strength less than 80%) - (potable alcohol)
59.13
61.88
5%
1.37
1.74
27%
668
B & A Ltd
Tea
18.36
19.79
8%
3.79
3.58
-6%
976
Balanoor Plantations & Inds Ltd
Plantation crops
1.34
1.50
12%
1.34
1.50
12%
273
Coastal Corporation Ltd
Shrimps
0.64
0.64
0%
0.64
0.64
0%
738
Continental Milkose (India) Ltd
Weaning foods
118.19
134.75
14%
2.87
1.55
-46%
565
Flex Foods Ltd
Mushroom
7.79
8.75
12%
0.74
0.72
-3%
771
Foods & Inns Ltd
Fruit pulps
169.69
103.42
-39%
0.61
0.79
30%
905
G R M Overseas Ltd
Rice
130.07
89.22
-31%
0.63
0.37
-41%
232
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
0.53
0.68
28%
0.26
0.44
69%
1.91
3.93
106%
4.73
7.03
49%
0.13
0.16
23%
0.37
0.21
-43%
1.86
2.24
20%
6.91
5.62
-19%
0.87
1.06
22%
1.60
2.75
72%
11.75
14.51
23%
9.09
13.30
46%
1.27
1.55
22%
0.77
0.91
18%
3.54
4.85
37%
6.00
7.59
27%
3.05
3.63
19%
0.22
0.28
27%
2.34
2.49
6%
0.83
1.36
64%
1.68
1.84
10%
2.11
1.09
-48%
8.78
10.34
18%
11.57
16.91
46%
0.50
0.61
22%
0.13
0.24
85%
3.17
3.91
23%
1.64
2.44
49%
2.64
2.87
9%
0.46
0.31
-33%
3.18
3.68
16%
9.12
12.22
34%
1.23
1.25
2%
0.56
0.46
-18%
6.01
6.23
4%
4.85
5.04
4%
0.31
0.77
148%
0.10
0.24
140%
1.86
2.93
58%
2.97
7.60
156%
1.87
2.71
45%
3.13
4.03
29%
5.53
6.23
13%
0.91
0.34
-63%
0.64
0.73
14%
1.11
0.61
-45%
5.92
6.77
14%
3.06
5.44
78%
2.27
2.55
12%
0.82
1.40
71%
5.15
5.76
12%
7.12
10.94
54%
3.41
3.50
3%
1.83
0.84
-54%
4.45
4.21
-5%
2.17
1.97
-9%
1.38
1.55
12%
0.96
1.23
28%
13.91
17.95
29%
9.45
15.01
59%
0.72
0.86
19%
0.50
0.83
66%
1.71
2.21
29%
7.90
13.94
76%
0.18
0.32
78%
0.12
0.22
83%
2.10
2.60
24%
5.79
8.74
51%
0.51
0.50
-2%
0.28
0.29
4%
5.88
4.67
-21%
0.32
0.15
-53%
2.79
2.55
-9%
1.64
1.78
9%
30.19
30.84
2%
15.50
11.12
-28%
0.90
0.84
-7%
0.25
0.23
-8%
1.83
1.37
-25%
2.43
3.37
39%
2.18
2.60
19%
0.80
0.92
15%
3.03
3.97
31%
0.03
0.08
167%
13.11
16.92
29%
4.72
5.28
12%
82.66
88.16
7%
4.60
8.04
75%
6.28
6.95
11%
0.11
0.16
45%
4.17
6.08
46%
11.67
15.10
29%
0.44
0.50
14%
0.13
0.06
-54%
0.72
0.87
21%
0.05
0.06
20%
1.40
1.80
29%
0.34
0.37
9%
1.85
2.32
25%
27.92
0.33
-99%
4.51
5.09
13%
1.30
1.81
39%
20.21
20.80
3%
1.02
1.14
12%
0.82
0.77
-6%
0.68
0.68
0%
5.18
5.29
2%
0.12
0.07
-42%
0.54
0.73
35%
0.24
0.32
33%
0.60
0.85
42%
0.16
0.12
-25%
1.02
2.46
141%
0.41
0.93
127%
1.16
1.40
21%
0.51
1.02
100%
7.74
8.89
15%
1.37
1.32
-4%
6.03
7.06
17%
0.02
0.03
50%
6.29
10.21
62%
2.38
3.55
49%
6.35
12.10
91%
0.81
3.25
301%
3.86
2.90
-25%
1.07
0.60
-44%
0.35
0.35
0%
3.25
1.99
-39%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
233
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
836
Ganpati Sugar Inds Ltd
Sugar
99.75
115.95
16%
1.89
2.48
31%
282
Gayatri Bioorganics Ltd
Starches
45.43
65.39
44%
0.73
1.14
56%
697
Gem Sugars Ltd
Sugar
190.90
190.90
0%
5.69
5.69
0%
19
Godrej Oil Palm Ltd
Palm oil
36.60
64.90
77%
0.45
0.68
51%
981
Goldline Milkfood Ltd
Milk
79.90
60.57
-24%
0.19
0.17
-11%
335
Gopalpur Tea Co Ltd
Tea
0.67
0.66
-1%
0.43
0.27
-37%
850
Haileyburia Tea Estates Ltd
Tea
4.28
2.37
-45%
1.09
1.22
12%
776
Harinagar Sugar Mills Ltd
Sugar
166.49
221.05
33%
15.11
18.08
20%
986
Highland Produce Co Ltd
Tea
25.18
23.28
-8%
2.61
3.39
30%
945
Indian Sucrose Ltd
Sugar
72.93
118.65
63%
3.96
3.00
-24%
627
Indian Wood Products Co Ltd
Products of food, beverages & tobacco
40.41
42.76
6%
10.79
11.02
2%
868
J B Mangharam Foods Pvt Ltd
Biscuits
0.32
0.38
19%
0.32
0.38
19%
917
Joonktollee Tea & Inds Ltd
Tea
8.98
8.00
-11%
0.66
0.76
15%
600
Kothari Sugars & Chemicals Ltd
Sugar
241.17
206.13
-15%
4.82
5.47
13%
599
Lactose (India) Ltd
Lactose & lactose syrup
13.24
14.75
11%
0.63
0.54
-14%
728
Mahaan Foods Ltd
Dairy products
91.26
95.25
4%
0.34
0.32
-6%
249
Midland Rubber & Produce Co Ltd
Non-food crops
6.52
4.42
-32%
1.69
1.88
11%
772
Moon Beverages Ltd
Soft drinks
88.46
88.26
0%
0.90
0.86
-4%
760
Naraingarh Sugar Mills Ltd
Sugar and allied products
83.19
70.06
-16%
0.83
1.08
30%
438
Natraj Proteins Ltd
Oil cakes & meals
117.07
163.14
39%
1.17
2.39
104%
661
Neelamalai Agro Inds Ltd
Tea
5.86
4.64
-21%
1.34
1.48
10%
692
Nekkanti Sea Foods Ltd
Shrimps
67.87
117.25
73%
0.78
1.34
72%
675
Nelliampathy Tea & Produce Co Ltd
Tea
2.60
2.48
-5%
0.80
0.96
20%
726
North-Western Cachar Tea Co Ltd
Tea
3.88
4.19
8%
1.46
1.09
-25%
4
Piccadily Agro Inds Ltd
Sugar
112.78
126.43
12%
2.22
3.21
45%
464
Piccadily Sugar & Allied Inds Ltd
Liquors
12.94
8.36
-35%
0.40
0.61
53%
967
Rangar Breweries Ltd
Ethyl alcohol (strength less than 80%) - (potable alcohol)
30.36
25.28
-17%
11.21
9.40
-16%
991
Ravalgaon Sugar Farm Ltd
Sugar
19.63
44.48
127%
3.50
5.89
68%
404
Rossell India Ltd
Tea
7.41
8.08
9%
7.19
7.25
1%
391
Simran Farms Ltd
Poultry
113.54
139.85
23%
2.06
2.27
10%
854
Sita Shree Food Products Ltd
Wheat flour
78.37
81.86
4%
0.06
0.13
117%
51
Som Distilleries & Breweries Ltd
Beer
50.09
83.63
67%
30.82
51.52
67%
70
Srinivasa Hatcheries Ltd
Poultry
63.44
70.20
11%
1.97
2.58
31%
234
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
0.56
0.61
9%
2.11
2.72
29%
6.49
7.06
9%
4.75
7.06
49%
4.16
5.11
23%
0.44
0.76
73%
4.04
4.95
23%
1.71
4.45
160%
3.49
3.49
0%
4.80
4.80
0%
6.20
6.20
0%
6.78
6.78
0%
0.97
0.66
-32%
0.44
0.65
48%
2.87
4.42
54%
0.04
0.08
100%
1.04
1.09
5%
0.24
0.20
-17%
0.42
0.54
29%
0.09
0.19
111%
0.82
1.13
38%
1.11
0.54
-51%
4.03
4.63
15%
0.04
0.08
100%
1.39
1.24
-11%
0.15
0.17
13%
5.60
5.71
2%
0.11
0.08
-27%
2.65
3.25
23%
4.60
4.82
5%
21.47
25.31
18%
8.48
13.18
55%
4.00
4.58
15%
1.52
1.20
-21%
8.92
9.40
5%
0.47
0.86
83%
1.06
1.31
24%
0.67
4.53
576%
4.64
4.76
3%
3.56
6.64
87%
3.08
4.14
34%
0.39
0.46
18%
5.68
7.40
30%
0.21
0.38
81%
5.29
6.69
26%
0.67
0.72
7%
3.31
3.74
13%
2.86
3.09
8%
3.64
3.41
-6%
2.13
2.37
11%
14.88
16.01
8%
0.76
0.67
-12%
1.89
3.07
62%
20.02
9.04
-55%
14.90
12.29
-18%
13.95
10.64
-24%
2.00
1.81
-10%
0.40
0.27
-33%
1.84
2.40
30%
1.54
2.02
31%
4.96
5.35
8%
0.39
0.52
33%
3.29
3.23
-2%
0.11
0.17
55%
2.30
2.37
3%
1.39
1.06
-24%
10.57
10.56
0%
0.19
0.12
-37%
8.11
7.37
-9%
5.26
5.43
3%
3.44
3.94
15%
12.05
15.27
27%
0.46
0.63
37%
2.02
2.57
27%
3.06
3.51
15%
4.05
3.94
-3%
2.34
4.00
71%
0.72
1.05
46%
0.71
0.69
-3%
0.56
0.20
-64%
1.22
1.49
22%
1.91
1.52
-20%
6.25
6.63
6%
0.12
0.09
-25%
2.28
2.69
18%
0.74
1.02
38%
1.13
1.32
17%
0.21
0.20
-5%
1.35
1.59
18%
1.02
1.10
8%
5.69
6.16
8%
0.12
0.26
117%
2.02
2.31
14%
1.22
1.05
-14%
5.66
5.19
-8%
0.32
0.43
34%
5.61
6.22
11%
2.65
5.07
91%
3.80
4.84
27%
22.34
33.29
49%
1.10
2.11
92%
0.10
0.12
20%
1.38
1.03
-25%
7.30
0.29
-96%
3.29
3.31
1%
0.56
1.41
152%
1.13
1.13
0%
6.18
4.29
-31%
1.21
1.13
-7%
0.64
0.90
41%
6.97
6.65
-5%
3.01
2.06
-32%
4.49
4.71
5%
3.88
2.72
-30%
22.66
24.54
8%
0.85
1.04
22%
2.19
2.24
2%
0.09
0.16
78%
2.81
4.43
58%
0.04
0.03
-25%
1.21
1.49
23%
0.15
0.20
33%
0.63
0.68
8%
0.08
0.06
-25%
3.95
5.52
40%
1.47
2.95
101%
1.82
2.32
27%
7.47
11.33
52%
3.54
4.04
14%
2.98
4.17
40%
9.68
12.44
29%
1.02
0.18
-82%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
235
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
866
Sunil Agro Foods Ltd
Wheat flour
59.15
64.34
9%
0.04
0.07
75%
832
Surya Fresh Foods Ltd
Fruit juice
17.40
14.66
-16%
0.10
0.10
0%
290
Sushrut Herbals Pvt Ltd
Ayurvedic & unani herbs
11.93
19.99
68%
5.90
8.65
47%
641
Tea Estates India Ltd
Tea
9.62
10.23
6%
4.46
5.42
22%
700
Tikaula Sugar Mills Ltd
Sugar
190.08
190.08
0%
2.68
2.68
0%
321
Tirupati Starch & Chemicals Ltd
Food products, beverages & tobacco
31.18
32.25
3%
1.35
1.65
22%
814
Tirupati Sugars Ltd
Sugar
99.97
95.77
-4%
3.87
5.15
33%
717
Uniroyal Marine Exports Ltd
Shrimps
13.50
16.72
24%
0.29
0.33
14%
762
United Nilgiri Tea Estates Co Ltd
Tea
8.83
6.77
-23%
1.34
1.69
26%
744
United Provinces Sugar Co Ltd
Sugar
121.25
115.37
-5%
3.07
3.10
1%
957
Vadilal Dairy International Ltd
Icecreams & kulfi
4.35
7.25
67%
0.30
0.51
70%
508
Vadilal Industries Ltd
Icecreams & kulfi
93.77
108.48
16%
0.47
0.60
28%
GEMS & JEWELLERY 144
Goldiam International Ltd
Jewellery of pearls, precious & semi-precious stones
36.96
56.96
54%
0.29
0.17
-41%
24
Kanani Industries Ltd
Jewellery
77.80
137.06
76%
0.06
0.11
83%
910
S B & T International Ltd
Jewellery of pearls, precious & semi-precious stones
117.04
122.40
5%
0.05
0.02
-60%
618
Sovereign Diamonds Ltd
Diamonds
8.49
15.19
79%
0.32
0.10
-69%
332
Suashish Jewelry India Ltd
Diamonds
46.54
52.15
12%
0.74
1.22
65%
GLASS, CERAMICS & REFRACTORIES 214
A I S Glass Solutions Ltd
Glass & glass wares
18.85
30.46
62%
1.31
1.71
31%
583
I F G L Refractories Ltd
Other refractories
87.08
120.53
38%
4.35
5.85
34%
68
La Opala R G Ltd
Kitchen glass wares
15.09
20.80
38%
2.27
2.67
18%
116
Murugappa Morgan Thermal Ceramics Ltd
Other ceramic products
19.76
24.88
26%
5.61
8.03
43%
682
Neycer India Ltd
Ceramic sinks, wash basins, etc.
2.49
3.50
41%
0.44
0.61
39%
506
Schablona India Ltd
Other ceramic products
14.53
16.51
14%
2.27
2.64
16%
874
Shri Nataraj Ceramic & Chemical Inds Ltd
Other refractories
41.09
36.54
-11%
2.57
2.67
4%
876
Snowtex Udyog Ltd
Refractory bricks
13.10
13.53
3%
1.34
1.53
14%
253
U P Twiga Fiberglass Ltd
Glass fibres
29.96
35.71
19%
3.73
4.04
8%
185
Unifrax India Ltd
Other ceramic products
8.46
10.30
22%
1.01
1.07
6%
IRON & STEEL 553
Antarctic Industries Ltd
Semi-finished Steel
34.06
49.07
44%
5.21
9.39
80%
537
Gyscoal Alloys Ltd
Stainless steel
134.78
167.39
24%
0.20
0.17
-15%
236
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
1.48
1.60
8%
0.61
0.77
26%
0.72
0.77
7%
0.06
0.04
-33%
2.05
1.97
-4%
0.39
0.67
72%
0.87
0.74
-15%
0.05
0.06
20%
3.23
3.80
18%
0.72
1.08
50%
3.60
3.18
-12%
0.12
0.12
0%
7.19
7.56
5%
2.94
4.29
46%
26.69
27.49
3%
0.43
0.39
-9%
4.44
4.44
0%
4.93
4.93
0%
4.14
4.14
0%
8.37
8.37
0%
6.99
7.72
10%
0.34
0.34
0%
2.72
3.02
11%
2.07
3.50
69%
0.86
0.92
7%
1.52
2.66
75%
5.06
6.42
27%
5.17
6.09
18%
1.30
1.23
-5%
0.16
0.22
38%
0.91
0.97
7%
0.07
0.05
-29%
2.01
1.91
-5%
0.83
0.76
-8%
6.30
7.34
17%
0.21
0.16
-24%
0.76
0.86
13%
2.58
3.04
18%
8.50
8.95
5%
6.13
7.10
16%
0.81
0.99
22%
0.04
0.10
150%
1.03
0.95
-8%
0.03
0.06
100%
13.79
17.85
29%
2.43
3.13
29%
9.96
10.29
3%
0.69
1.09
58%
0.47
0.41
-13%
0.27
0.23
-15%
1.03
1.15
12%
0.01
0.06
500%
0.01
0.03
200%
0.02
0.01
-50%
0.37
0.53
43%
0.03
0.05
67%
0.16
0.11
-31%
0.07
0.08
14%
1.61
1.54
-4%
0.07
0.24
243%
0.11
0.14
27%
0.11
0.11
0%
0.98
1.30
33%
0.04
0.05
25%
0.58
0.63
9%
0.20
0.32
60%
1.33
2.19
65%
0.33
0.34
3%
1.76
2.76
57%
1.18
1.92
63%
3.65
5.29
45%
0.01
0.02
100%
9.08
12.62
39%
1.69
1.78
5%
12.79
17.66
38%
9.03
14.76
63%
12.81
15.97
25%
2.39
1.27
-47%
9.99
11.83
18%
3.08
4.73
54%
13.25
16.19
22%
2.53
3.46
37%
7.10
8.72
23%
5.30
7.73
46%
3.20
4.72
48%
0.66
0.67
2%
4.68
6.10
30%
1.26
2.14
70%
1.01
1.25
24%
0.60
0.41
-32%
4.86
5.74
18%
0.72
1.17
63%
9.85
10.87
10%
5.51
4.74
-14%
11.39
13.70
20%
6.24
6.89
10%
5.54
6.48
17%
0.78
0.72
-8%
1.35
1.61
19%
3.31
3.72
12%
17.60
21.15
20%
0.83
1.13
36%
9.42
10.72
14%
7.28
9.92
36%
5.76
6.50
13%
0.30
0.33
10%
3.32
4.25
28%
2.37
3.64
54%
7.03
8.59
22%
0.42
0.48
14%
1.11
1.56
41%
0.03
0.03
0%
5.16
5.17
0%
0.10
0.14
40%
2.36
2.94
25%
16.44
25.41
55%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
237
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
29
Hira Ferro Alloys Ltd
Ferro silico manganese
64.62
91.42
41%
3.87
3.57
-8%
841
I P I Steel Ltd
Semi-finished Steel
30.60
32.09
5%
4.53
4.33
-4%
233
Kohinoor Steel Pvt Ltd
Sponge iron
125.87
208.43
66%
10.35
7.97
-23%
578
Krishna Ferro Products Ltd
Semi-finished Steel
18.91
17.94
-5%
0.99
1.48
49%
37
Metkore Alloys & Inds Ltd
Ferro alloys
59.16
118.96
101%
2.16
3.40
57%
73
O C L Iron & Steel Ltd
Semi-finished Steel
159.43
195.26
22%
10.05
11.31
13%
629
Rajputana Stainless Ltd
Stainless steel
211.61
242.96
15%
7.46
10.82
45%
801
Suraj Products Ltd
Sponge iron
40.02
50.08
25%
2.07
2.52
22%
61
V B C Industries Ltd
Ferro silicon
14.77
21.32
44%
0.76
0.74
-3%
254
Vaswani Industries Ltd
Sponge iron
75.55
112.08
48%
1.22
2.51
106%
AUTO 22
A B C Bearings Ltd
Ball or roller bearings
88.55
99.01
12%
7.93
10.10
27%
329
Addison & Co Ltd
Drilling machines
88.34
118.57
34%
6.27
7.43
19%
823
Air Control & Chemical Engg Co Ltd
Non-electrical machinery
8.56
9.69
13%
6.79
6.65
-2%
257
Alfred Herbert Ltd
Rubber manufacturing machinery
11.15
12.02
8%
0.30
0.39
30%
274
Andhra Pradesh Heavy Machinery & Engg Ltd
Material handling equipment
36.02
31.57
-12%
1.56
1.14
-27%
803
Aurangabad Motor Mfrs Pvt Ltd
Evaporators & Condensors
38.42
44.60
16%
1.22
0.53
-57%
532
Austin Engineering Co Ltd
Ball bearings
22.75
37.33
64%
5.71
5.76
1%
79
Avery India Ltd
Weighing machinery
29.78
36.56
23%
1.33
1.34
1%
863
Bemco Hydraulics Ltd
Hydraulic presses
11.79
14.51
23%
0.47
0.66
40%
390
Cenlub Industries Ltd
Hand pumps
11.30
17.43
54%
0.65
1.11
71%
300
Eimco Elecon (India) Ltd
Non-electrical machinery
103.09
75.73
-27%
1.63
1.75
7%
48
Fairfield Atlas Ltd
Gears
52.27
92.86
78%
5.31
6.75
27%
927
G G Dandekar Machine Works Ltd
Rice mill machinery
7.31
6.26
-14%
0.69
0.32
-54%
569
G M M Pfaudler Ltd
Chemical machinery
81.64
89.95
10%
6.78
7.10
5%
348
Galaxy Bearings Ltd
Ball bearings
14.81
24.74
67%
1.41
2.36
67%
108
Guindy Machine Tools Ltd
Lapping machines
6.97
14.92
114%
0.62
1.75
182%
824
Hari Machines Ltd
Other industrial machinery
109.83
101.72
-7%
4.62
4.19
-9%
879
I T L Industries Ltd
Sawing or cutting off machines
39.89
32.75
-18%
0.22
0.22
0%
780
Interdril (Asia) Ltd
Weights & measures
37.82
37.82
0%
2.97
2.97
0%
505
International Combustion (India) Ltd
Mining, construction & earth moving machinery
46.98
56.41
20%
2.00
2.86
43%
171
Jessop & Co Ltd
Other industrial machinery
32.00
34.41
8%
2.14
8.19
283%
270
Jost'S Engineering Co Ltd
Material handling equipment
15.30
18.42
20%
0.21
0.10
-52%
238
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
6.04
9.30
54%
1.13
1.61
42%
4.06
4.81
18%
8.10
14.52
79%
9.27
11.15
20%
0.14
0.07
-50%
1.84
1.88
2%
3.82
4.48
17%
17.93
2.30
-87%
2.72
3.10
14%
3.87
4.55
18%
21.59
27.13
26%
0.62
1.13
82%
0.05
0.07
40%
0.55
0.80
45%
1.50
2.17
45%
19.50
28.09
44%
4.67
0.36
-92%
4.65
5.10
10%
6.07
11.62
91%
0.15
0.02
-87%
1.08
0.78
-28%
6.36
7.61
20%
15.44
24.50
59%
6.08
7.44
22%
0.17
0.16
-6%
2.38
2.25
-5%
22.25
28.41
28%
2.49
2.69
8%
0.32
0.19
-41%
0.60
0.74
23%
4.02
5.85
46%
17.46
20.49
17%
0.18
0.21
17%
2.13
2.43
14%
3.71
4.98
34%
3.99
3.62
-9%
1.15
1.76
53%
1.90
2.72
43%
0.08
0.49
513%
4.98
5.88
18%
2.26
1.91
-15%
11.98
15.20
27%
13.49
19.94
48%
6.87
8.56
25%
2.66
3.21
21%
17.37
19.38
12%
16.68
24.26
45%
0.47
0.50
6%
0.05
0.13
160%
3.49
3.63
4%
0.80
1.65
106%
0.26
0.28
8%
0.35
0.33
-6%
2.73
3.12
14%
1.78
2.33
31%
0.50
0.61
22%
0.26
0.38
46%
10.50
14.60
39%
4.68
5.35
14%
2.20
1.94
-12%
0.86
1.12
30%
2.30
1.71
-26%
4.57
6.54
43%
0.32
0.48
50%
0.29
0.41
41%
8.54
9.96
17%
2.88
4.03
40%
1.02
1.28
25%
1.15
0.94
-18%
17.63
17.00
-4%
5.76
5.57
-3%
0.23
0.27
17%
0.34
0.13
-62%
3.25
3.98
22%
1.83
2.00
9%
0.20
0.21
5%
0.11
0.13
18%
2.07
3.23
56%
1.45
2.71
87%
1.07
0.90
-16%
2.84
4.77
68%
8.56
8.44
-1%
8.62
11.54
34%
6.58
10.43
59%
2.31
3.35
45%
11.05
15.86
44%
5.64
8.45
50%
0.18
0.20
11%
0.33
0.46
39%
3.42
4.91
44%
0.14
0.09
-36%
8.05
8.29
3%
1.65
1.79
8%
13.57
15.03
11%
10.54
11.57
10%
0.31
0.39
26%
0.07
0.09
29%
1.50
1.94
29%
1.41
2.21
57%
0.88
1.53
74%
0.67
1.04
55%
5.71
7.25
27%
0.51
1.13
122%
0.79
0.97
23%
1.02
1.11
9%
10.01
10.98
10%
16.17
17.04
5%
0.18
0.21
17%
0.04
0.06
50%
2.89
4.10
42%
4.83
4.38
-9%
0.97
0.97
0%
0.75
0.75
0%
4.06
4.06
0%
0.17
0.17
0%
1.11
1.37
23%
0.66
0.72
9%
13.54
15.86
17%
7.54
9.74
29%
1.87
1.66
-11%
0.44
0.40
-9%
17.67
18.19
3%
3.42
1.27
-63%
0.29
0.30
3%
0.15
0.17
13%
9.49
11.07
17%
1.53
2.22
45%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
239
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
572
Kansara Bearings Ltd
Roller bearings
10.17
12.60
24%
1.19
1.75
47%
76
Kilburn Engineering Ltd
Dryers
48.05
77.25
61%
1.45
1.20
-17%
896
Kimplas Piping Systems Ltd
Valves
8.01
8.01
0%
0.13
0.13
0%
529
Kulkarni Power Tools Ltd
Machine tools for drilling, boring, milling, etc.
37.10
49.79
34%
1.39
1.70
22%
8
L & T Plastics Machinery Ltd
Injection moulding machines
101.20
147.28
46%
1.79
2.84
59%
265
Lokesh Machines Ltd
General purpose machinery
46.45
76.90
66%
38.48
63.21
64%
571
N H B Ball & Roller Ltd
Ball or roller bearings
100.82
87.37
-13%
7.97
7.85
-2%
867
Naval Technoplast Inds Ltd
Auxiliary machinery used in textile machinery
8.98
13.13
46%
0.25
0.67
168%
31
Nesco Ltd
Textile (incl. jute) machinery
9.48
12.40
31%
0.55
0.32
-42%
288
Oswal Industries Ltd
Valves
41.13
45.41
10%
4.77
5.53
16%
400
Patels Airtemp (India) Ltd
Heat exchangers
41.33
49.14
19%
2.84
4.27
50%
194
Premier Ltd
Machine tools
80.99
136.08
68%
6.37
8.51
34%
356
Revathi Equipment Ltd
Drilling machines
43.64
54.56
25%
0.84
1.32
57%
140
S N L Bearings Ltd
Needle roller bearings
3.60
5.28
47%
0.82
1.21
48%
625
Salter India Ltd
Weighing machinery
9.05
10.60
17%
0.02
0.01
-50%
794
Shilp Gravures Ltd
Printing machinery
15.93
18.91
19%
3.34
3.33
0%
923
Shroffs Engineering Ltd
Pumps
25.27
34.78
38%
0.56
0.70
25%
336
Solitaire Machine Tools Ltd
Grinder, tool or cutter machines
2.91
4.38
51%
0.09
0.13
44%
153
Stovec Industries Ltd
Printing machinery
19.95
31.00
55%
0.44
0.84
91%
746
Sulzer India Ltd
Textile (incl. jute) machinery
65.94
95.24
44%
2.02
4.88
142%
456
Swiss Glascoat Equipments Ltd
Other chemical machinery
22.55
35.19
56%
1.70
2.41
42%
43
Timex Group India Ltd
Wrist watches
78.85
92.41
17%
0.08
0.14
75%
401
Trio Elevators Pvt Ltd
Lifts & elevators
12.22
15.01
23%
0.08
0.10
25%
130
Veejay Lakshmi Engg Works Ltd
Textile winding or reeling machines
41.26
65.21
58%
3.38
5.56
64%
198
W P I L Ltd
Pumps
148.29
146.92
-1%
4.42
5.19
17%
47
Wendt (India) Ltd
Machine tools
19.43
28.31
46%
2.67
3.72
39%
3
Windsor Machines Ltd
Rubber & plastic products machinery
137.68
152.88
11%
3.17
3.93
24%
132
Yuken India Ltd
Pumps
55.11
77.44
41%
1.61
2.00
24%
METAL PRODUCTS 491
A M D Industries Ltd
Crown caps
66.45
88.14
33%
0.33
0.57
73%
666
Advance Steel Tubes Ltd
Tubes & pipes
124.70
139.39
12%
2.34
2.77
18%
418
Anil Special Steel Inds Ltd
Cold rolled coils, strips, sheets
75.82
98.12
29%
3.30
3.22
-2%
461
Ashiana Ispat Ltd
Bars & rods
161.22
217.49
35%
1.66
1.95
17%
240
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
0.87
0.99
14%
0.08
0.16
100%
2.15
2.43
13%
1.01
1.63
61%
0.13
0.17
31%
1.59
1.75
10%
5.99
7.89
32%
6.01
8.30
38%
0.52
0.52
0%
0.54
0.54
0%
5.81
5.81
0%
2.15
2.15
0%
0.79
1.09
38%
0.83
1.07
29%
5.43
7.24
33%
4.75
7.92
67%
1.14
1.49
31%
1.51
2.19
45%
3.10
2.80
-10%
10.56
18.20
72%
3.07
4.88
59%
1.23
1.25
2%
16.58
21.85
32%
16.57
26.33
59%
7.61
8.38
10%
2.93
3.16
8%
8.24
8.89
8%
0.34
0.44
29%
0.81
0.91
12%
0.10
0.17
70%
0.70
0.73
4%
1.53
2.53
65%
1.85
1.94
5%
4.45
5.06
14%
7.15
7.38
3%
5.99
3.38
-44%
2.06
2.32
13%
0.37
0.57
54%
5.02
6.09
21%
6.53
9.72
49%
0.65
0.58
-11%
0.79
0.84
6%
3.28
4.36
33%
5.21
6.78
30%
3.32
4.09
23%
0.44
0.43
-2%
24.49
29.67
21%
8.82
16.35
85%
0.43
0.55
28%
0.97
1.78
84%
7.69
9.28
21%
6.26
7.14
14%
0.84
0.93
11%
0.29
0.61
110%
5.34
3.33
-38%
1.11
1.84
66%
0.04
0.04
0%
0.06
0.03
-50%
0.27
0.29
7%
0.86
0.65
-24%
1.77
1.74
-2%
0.54
1.94
259%
7.65
7.96
4%
4.19
4.91
17%
0.25
0.26
4%
0.19
0.39
105%
4.08
5.13
26%
1.59
1.86
17%
0.16
0.15
-6%
0.12
0.15
25%
0.75
0.81
8%
0.63
0.89
41%
2.45
3.05
24%
1.03
0.97
-6%
4.44
6.00
35%
2.84
4.27
50%
0.81
1.51
86%
1.52
2.68
76%
12.15
19.53
61%
4.63
8.49
83%
5.82
5.65
-3%
0.64
0.96
50%
2.89
3.28
13%
3.37
4.60
36%
0.61
0.50
-18%
0.59
0.76
29%
13.35
14.34
7%
5.34
6.84
28%
0.06
0.08
33%
0.08
0.19
138%
0.86
0.64
-26%
0.01
0.03
200%
1.88
3.09
64%
0.92
1.48
61%
8.52
11.70
37%
4.80
8.80
83%
2.08
2.27
9%
1.03
1.13
10%
11.79
14.22
21%
4.69
5.80
24%
1.36
1.72
26%
1.00
1.70
70%
8.08
9.51
18%
3.93
7.20
83%
1.45
1.47
1%
2.47
2.03
-18%
16.22
21.11
30%
13.90
20.98
51%
1.81
2.78
54%
2.08
2.56
23%
13.90
19.70
42%
9.93
15.68
58%
6.72
8.97
33%
1.29
1.64
27%
5.68
7.32
29%
0.05
0.07
40%
2.76
3.04
10%
0.49
0.30
-39%
3.22
3.82
19%
9.55
14.45
51%
6.68
7.17
7%
0.97
1.10
13%
8.00
9.10
14%
6.03
7.48
24%
17.82
19.90
12%
0.08
0.21
163%
1.42
1.54
8%
16.58
26.36
59%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
241
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
593
Benaka Sponge Iron Pvt Ltd
Flat products
47.07
57.40
22%
1.93
2.55
32%
548
Bhagwati Autocast Ltd
Cast iron castings
31.41
39.71
26%
6.68
8.96
34%
91
Birla Precision Technologies Ltd
Tools, implements, etc.
36.43
41.64
14%
6.38
8.63
35%
628
Chase Bright Steel Ltd
Bars & rods
19.38
32.72
69%
0.59
0.75
27%
649
Coventry Coil-O-Matic (Haryana) Ltd
Coil springs
21.06
27.18
29%
1.58
2.10
33%
862
Crimson Metal Engg Co Ltd
Tubes & pipes
51.09
64.65
27%
4.93
3.64
-26%
226
Expo Gas Containers Ltd
Pressure vessels
9.11
13.75
51%
0.04
0.13
225%
57
G K W Ltd
Screws, bolts, nuts, rivets, washers, etc.
3.17
13.44
324%
0.14
0.21
50%
423
G S Auto International Ltd
Screws, bolts, nuts, rivets, washers, etc.
62.53
76.46
22%
3.19
3.87
21%
105
Gandhi Special Tubes Ltd
Seamless tubes & pipes
29.89
34.59
16%
3.91
5.23
34%
656
Garg Furnace Ltd
Miscellaneous articles of base metals
74.41
92.45
24%
5.30
5.73
8%
861
Gontermann-Peipers (India) Ltd
Flat products
62.79
82.13
31%
10.68
12.77
20%
245
Gujarat Intrux Ltd
Steel castings
11.98
21.33
78%
0.09
0.21
133%
763
Hindusthan Udyog Ltd
Steel castings
21.18
27.20
28%
4.72
5.17
10%
958
Hisar Metal Inds Ltd
Cold rolled coils, strips, sheets
126.36
123.42
-2%
6.66
5.24
-21%
781
Interfit India Ltd
S.G. iron castings
8.26
7.60
-8%
1.75
1.71
-2%
719
Interfit Techno Products Ltd
Tube & pipe fittings
23.55
17.61
-25%
4.69
3.52
-25%
784
Investment & Precision Castings Ltd
Castings
21.96
26.62
21%
15.55
19.32
24%
247
Kolhapur Steel Ltd
Steel castings
17.98
15.62
-13%
10.13
5.31
-48%
467
Lamina Foundries Ltd
Cast iron castings
19.72
33.80
71%
1.15
1.65
43%
10
M M Forgings Ltd
Forgings
76.01
126.23
66%
5.77
11.84
105%
878
Mark Steels Ltd
Iron & steel
43.41
50.61
17%
1.89
1.51
-20%
672
Metal Coatings (India) Ltd
Articles of iron & steel
77.35
64.71
-16%
1.65
1.43
-13%
86
Midfield Industries Ltd
Articles of iron & steel
57.81
95.23
65%
7.62
14.25
87%
576
Mohindra Fasteners Ltd
Screws, bolts, nuts, rivets, washers, etc.
35.67
42.66
20%
5.05
6.35
26%
131
N H K Spring India Ltd
Coil springs
79.21
108.51
37%
3.39
4.13
22%
822
National General Inds Ltd
Bars & rods
15.74
30.57
94%
0.05
1.39
2680%
662
Nitin Alloys Global Ltd
Steel castings
14.23
23.86
68%
0.38
0.36
-5%
371
Om Metals Infraprojects Ltd
Other fabricated metal products
88.26
120.03
36%
2.37
5.39
127%
106
Palanpur Engineering & Fabrications Ltd
Forgings
24.19
36.28
50%
1.36
2.45
80%
55
Pennar Engineered Building Systems Ltd
Articles of iron & steel
23.03
104.46
354%
3.18
14.24
348%
900
Premier Pipes Ltd
Tubes & pipes
9.84
27.97
184%
0.24
0.28
17%
558
Proseal Closures Ltd
Stoppers, caps & lids (including crown caps)
23.30
32.42
39%
0.59
0.60
2%
242
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
1.99
1.38
-31%
0.44
0.34
-23%
0.55
1.09
98%
4.82
7.11
48%
7.37
7.90
7%
0.40
0.38
-5%
5.27
6.14
17%
5.61
7.68
37%
3.69
4.67
27%
1.04
1.36
31%
17.16
19.48
14%
5.64
8.28
47%
0.42
0.42
0%
0.17
0.26
53%
1.13
1.38
22%
1.80
3.10
72%
3.26
3.99
22%
0.30
0.41
37%
3.22
3.59
11%
2.92
4.37
50%
4.16
5.05
21%
0.44
0.37
-16%
3.80
3.90
3%
4.59
7.30
59%
0.18
0.28
56%
0.09
0.08
-11%
2.36
2.52
7%
1.12
1.15
3%
0.63
0.73
16%
0.60
0.94
57%
3.26
4.06
25%
1.35
3.00
122%
5.00
6.22
24%
1.29
1.37
6%
9.89
11.36
15%
9.54
13.26
39%
3.85
5.02
30%
0.55
0.59
7%
5.33
5.82
9%
6.26
9.15
46%
10.82
10.04
-7%
0.67
0.59
-12%
1.75
1.65
-6%
8.30
11.67
41%
15.27
22.80
49%
1.52
1.99
31%
18.12
23.05
27%
8.55
13.71
60%
1.60
2.09
31%
0.13
0.17
31%
2.46
2.54
3%
0.57
0.90
58%
4.18
4.95
18%
1.38
1.31
-5%
5.28
5.96
13%
3.17
4.26
34%
9.30
8.83
-5%
0.31
0.38
23%
2.02
2.05
1%
12.21
14.36
18%
2.88
2.60
-10%
0.09
0.15
67%
1.27
1.26
-1%
1.44
1.43
-1%
0.99
0.99
0%
0.12
0.25
108%
1.36
1.55
14%
0.41
0.68
66%
9.55
10.94
15%
0.56
0.79
41%
6.19
6.30
2%
5.20
6.54
26%
3.05
3.71
22%
0.23
0.16
-30%
6.41
6.43
0%
3.16
4.23
34%
5.89
8.48
44%
0.34
0.36
6%
4.12
6.16
50%
2.57
5.14
100%
17.46
34.36
97%
4.48
11.09
148%
15.30
26.77
75%
0.37
0.48
30%
10.36
4.27
-59%
0.09
0.07
-22%
1.06
1.12
6%
5.42
5.28
-3%
4.50
3.41
-24%
1.27
1.16
-9%
1.67
1.46
-13%
1.08
0.73
-32%
1.06
1.22
15%
0.16
0.20
25%
1.41
1.88
33%
2.61
4.86
86%
4.32
5.77
34%
0.27
0.43
59%
6.69
8.43
26%
4.98
6.82
37%
10.33
13.76
33%
3.27
3.87
18%
6.48
8.34
29%
11.33
18.83
66%
2.83
7.48
164%
0.21
0.19
-10%
0.46
0.92
100%
1.44
4.31
199%
1.10
1.26
15%
0.11
0.12
9%
1.38
1.69
22%
2.11
3.47
64%
1.73
2.39
38%
1.58
3.76
138%
7.31
10.59
45%
5.99
7.52
26%
3.92
5.17
32%
0.20
0.29
45%
1.41
1.63
16%
0.31
0.45
45%
0.23
0.70
204%
0.26
0.34
31%
6.17
9.91
61%
2.93
20.57
602%
0.56
0.91
63%
0.11
0.07
-36%
0.20
0.50
150%
1.06
3.21
203%
1.35
1.67
24%
1.36
2.28
68%
4.80
6.60
38%
1.01
1.58
56%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
243
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
819
Rajkumar Forge Ltd
Forgings
13.20
15.18
15%
0.62
0.87
40%
521
Rajratan Global Wire Ltd
Wires & ropes of iron & steel
93.21
106.04
14%
1.71
2.14
25%
338
Ranba Castings Ltd
Cast iron castings
23.60
34.62
47%
2.08
2.15
3%
598
Rathi Bars Ltd
Bars & rods
161.24
151.24
-6%
3.89
5.17
33%
158
Rathi Rajasthan Steel Mills Ltd
Bars & rods
111.86
246.91
121%
4.62
9.05
96%
250
Readymade Steel India Ltd
Bars & rods
0.52
0.53
2%
0.52
0.53
2%
382
Rishi Consfab Pvt Ltd
Other fabricated metal products
14.64
28.06
92%
0.83
1.69
104%
160
Rishi Laser Ltd
Other fabricated metal products
66.47
92.79
40%
4.20
6.32
50%
831
Rolcon Engineering Co Ltd
Chains & anchors of iron & steel
14.90
18.34
23%
1.46
1.95
34%
534
Samrat Forgings Ltd
Forgings
27.51
35.76
30%
5.08
6.73
32%
276
Sanghvi Forging & Engg Ltd
Forgings
16.82
25.49
52%
0.96
1.06
10%
314
Shivalik Bimetal Controls Ltd
Hot rolled coils, strips, sheets
43.58
54.12
24%
1.25
1.57
26%
559
Shree Parashnath Re-Rolling Mills Ltd
Misc. Manufactured Articles
270.01
230.33
-15%
3.91
4.88
25%
686
Shri Bajrang Alloys Ltd
Other structurals (Steel windows, doors, frames)
135.79
130.38
-4%
0.88
1.14
30%
266
Steelcast Ltd
Steel castings
47.67
70.40
48%
21.24
26.72
26%
112
Sterling Tools Ltd
Screws, bolts, nuts, rivets, washers, etc.
97.35
143.96
48%
15.63
21.16
35%
269
Suraj Ltd
Tubes & pipes
142.04
166.27
17%
3.92
3.14
-20%
843
Surya Global Steel Tubes Ltd
ERW tubes & pipes
98.09
98.09
0%
6.02
6.02
0%
541
Surya Shakti Vessels Pvt Ltd
Misc. Manufactured Articles
28.72
32.45
13%
2.48
3.09
25%
865
Tamilnadu Steel Tubes Ltd
Tubes & pipes
60.26
66.55
10%
2.38
2.86
20%
705
Techno Forge Ltd
Forgings
14.45
19.87
38%
0.70
0.50
-29%
386
Uni Abex Alloy Products Ltd
Tubes & pipes
23.98
23.47
-2%
2.64
2.65
0%
974
Unison Metals Ltd
Cold rolled coils, strips, sheets
26.37
12.84
-51%
1.45
1.04
-28%
834
Vishal Malleables Ltd
Castings
34.95
46.15
32%
2.86
3.14
10%
636
Yashraj Containeurs Ltd
Reservoirs, tanks & other fabrications
95.12
91.47
-4%
0.68
0.73
7%
NON- FERROUS METALS 215
Alicon Castalloy Ltd
Aluminium castings
108.78
150.97
39%
28.79
30.40
6%
727
Alumeco India Extrusion Ltd
Other aluminium products
51.81
70.20
35%
1.40
1.71
22%
117
Arcotech Ltd
Non-ferrous metals
76.99
172.76
124%
1.00
2.53
153%
523
Bhagyanagar India Ltd
Electrolytic wire bars
137.29
145.24
6%
1.12
1.41
26%
473
Bhoruka Aluminium Ltd
Other aluminium products
90.76
104.68
15%
5.45
5.75
6%
152
Gravita India Ltd
Lead, refined
96.83
169.89
75%
1.55
2.79
80%
540
Gujarat Foils Ltd
Aluminium foils
122.93
197.78
61%
1.14
1.86
63%
244
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
7.27
9.14
26%
0.07
0.12
71%
1.37
1.78
30%
0.39
0.47
21%
10.36
11.05
7%
2.79
3.14
13%
5.35
6.59
23%
11.15
14.87
33%
5.04
7.98
58%
0.59
1.20
103%
2.28
2.71
19%
2.26
3.46
53%
23.10
22.13
-4%
0.78
0.43
-45%
1.56
1.55
-1%
16.79
19.14
14%
2.22
3.88
75%
0.03
0.10
233%
1.32
1.95
48%
9.74
22.96
136%
0.07
0.16
129%
0.04
0.06
50%
1.36
1.42
4%
0.06
0.04
-33%
0.25
0.48
92%
0.16
0.31
94%
1.27
2.46
94%
1.66
3.98
140%
4.60
4.96
8%
1.96
2.15
10%
14.78
16.87
14%
8.28
9.49
15%
1.86
2.16
16%
0.84
0.79
-6%
4.15
4.34
5%
3.41
4.21
23%
2.02
2.95
46%
0.91
1.33
46%
4.15
5.28
27%
3.39
5.01
48%
1.64
2.18
33%
0.35
0.43
23%
1.14
1.63
43%
2.09
3.03
45%
0.74
1.01
36%
1.86
2.15
16%
4.95
5.04
2%
4.59
5.74
25%
28.33
20.53
-28%
0.23
2.81
1122%
7.71
5.15
-33%
26.84
28.94
8%
7.98
6.37
-20%
0.58
0.54
-7%
0.75
0.94
25%
17.26
20.15
17%
14.70
19.15
30%
0.70
1.16
66%
8.20
11.64
42%
6.88
8.70
26%
12.33
16.77
36%
5.05
9.05
79%
15.69
18.81
20%
15.78
25.10
59%
5.31
4.68
-12%
0.78
1.31
68%
7.47
7.00
-6%
13.22
16.48
25%
0.43
0.43
0%
0.01
0.01
0%
9.26
9.26
0%
1.96
1.96
0%
1.59
1.47
-8%
0.46
0.74
61%
0.31
0.95
206%
2.95
4.04
37%
1.13
1.18
4%
0.20
0.72
260%
0.70
0.83
19%
12.10
13.05
8%
3.26
3.40
4%
0.08
0.04
-50%
1.42
1.49
5%
0.05
0.14
180%
3.53
3.19
-10%
0.31
0.24
-23%
5.06
5.52
9%
5.48
5.02
-8%
1.17
0.69
-41%
0.20
0.18
-10%
1.16
1.02
-12%
0.38
0.24
-37%
8.65
9.36
8%
0.75
0.63
-16%
5.13
6.07
18%
5.22
7.18
38%
1.93
1.93
0%
1.27
1.27
0%
2.89
2.92
1%
8.40
13.12
56%
13.46
13.48
0%
4.83
6.82
41%
16.77
19.57
17%
26.32
32.13
22%
2.60
3.61
39%
0.08
0.11
38%
3.11
3.94
27%
2.27
5.18
128%
2.84
4.96
75%
0.59
0.17
-71%
2.43
3.72
53%
8.37
20.41
144%
4.05
4.82
19%
1.74
1.47
-16%
4.25
4.61
8%
21.42
25.87
21%
9.97
11.41
14%
0.48
0.60
25%
8.74
11.16
28%
10.80
14.89
38%
0.12
0.18
50%
0.31
0.59
90%
1.79
4.23
136%
5.65
10.30
82%
0.83
2.20
165%
0.02
0.03
50%
0.92
1.39
51%
6.61
16.93
156%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
245
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
COMPANY
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
I 2 Rank
2.0 Top
761
Nalco Metal Products Ltd
Aluminium powders, flakes & paste
11.38
15.52
36%
0.01
0.01
0%
244
P G Foils Ltd
Aluminium foils
94.95
100.20
6%
8.07
7.00
-13%
360
Rapicut Carbides Ltd
Tungsten
13.47
16.08
19%
0.91
0.70
-23%
670
Sacheta Metals Ltd
Aluminium kitchen ware
38.41
46.65
21%
1.57
1.73
10%
81
Shalimar Wires Industries Ltd
Copper wire
22.91
25.51
11%
4.35
4.60
6%
311
Sudal Industries Ltd
Other aluminium products
51.40
87.22
70%
0.97
1.48
53%
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
NON- METALLIC MINERAL PRODUCTS 518
John Oakey & Mohan Ltd
Abrasive powder or grain on a base
18.55
19.59
6%
0.16
0.14
-13%
608
Morganite Crucible (India) Ltd
Ceramic ware for laboratory uses
28.70
37.71
31%
6.34
8.95
41%
308
Sterling Abrasives Ltd
Grinding wheels of synthetic abrasives
10.92
15.80
45%
1.72
2.86
66%
279
Welcast Steels Ltd
Abrasive powder or grain on a base
95.52
153.99
61%
12.44
16.68
34%
PAPER & WOOD PRODUCTS 174
Archies Ltd
Greeting card
12.28
16.76
36%
0.37
0.39
5%
330
B & A Packaging India Ltd
Sacks and bags of paper
12.72
19.52
53%
0.22
0.34
55%
799
Indian Furniture Products Ltd
Furniture
31.15
36.81
18%
0.90
1.05
17%
659
Jolly Board Ltd
Particle boards
15.96
15.09
-5%
2.91
2.31
-21%
554
Kanara Wood & Plywood Inds Ltd
Plywood
14.48
17.21
19%
0.71
1.01
42%
486
Karur K C P Packkagings Ltd
Paper, newsprint & paper board
123.42
149.52
21%
17.02
19.29
13%
122
Parksons Packaging Ltd
Cartons, boxes, cases, etc.
109.42
158.83
45%
8.73
11.99
37%
849
Plus Paper Foodpac Ltd
Cartons, boxes, cases, etc.
21.01
21.01
0%
0.84
0.84
0%
63
Repro India Ltd
Printed books, brochures, etc.
105.11
154.79
47%
11.86
16.11
36%
328
Sarda Plywood Inds Ltd
Plywood
80.50
96.04
19%
4.84
7.56
56%
299
Sundaram Multi Pap Ltd
Registers, account books, note books, etc.
94.37
108.15
15%
6.14
8.00
30%
307
T C P L Packaging Ltd
Other printed matter
128.81
168.38
31%
18.68
23.67
27%
610
U V Boards Ltd
Plywood
8.57
18.65
118%
2.03
0.51
-75%
323
Uniply Industries Ltd
Plywood
49.64
69.56
40%
1.85
1.91
3%
520
Western India Plywoods Ltd
Particle boards
31.06
36.15
16%
0.24
0.10
-58%
PHARMACEUTICALS 642
Ahlcon Parenterals (India) Ltd
IV fluids
12.90
17.78
38%
0.96
1.36
42%
334
Albert David Ltd
Drug formulations
34.93
34.89
0%
1.37
1.55
13%
607
Anglo-French Drugs & Inds Ltd
Drug formulations
22.32
20.66
-7%
0.22
0.36
64%
387
Anuh Pharma Ltd
Antibiotics
141.87
134.34
-5%
0.03
0.12
300%
246
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
1.54
1.95
27%
0.18
0.25
39%
0.47
0.54
15%
1.50
2.35
57%
3.69
3.79
3%
4.06
1.94
-52%
4.03
4.39
9%
10.48
13.29
27%
0.87
0.89
2%
0.20
0.14
-30%
2.24
2.50
12%
1.62
2.48
53%
1.20
1.44
20%
0.23
0.08
-65%
0.74
0.86
16%
0.02
0.06
200%
2.25
2.55
13%
2.83
2.70
-5%
12.62
13.34
6%
6.45
8.55
33%
4.68
6.49
39%
0.29
0.29
0%
2.83
3.51
24%
5.89
10.83
84%
2.00
3.05
53%
0.60
0.74
23%
1.57
2.16
38%
2.71
3.23
19%
0.81
0.99
22%
0.83
1.20
45%
4.61
6.12
33%
4.27
5.31
24%
1.56
2.20
41%
0.61
1.11
82%
3.76
4.81
28%
2.07
3.38
63%
19.61
24.92
27%
1.15
1.28
11%
5.35
6.30
18%
10.20
17.04
67%
4.10
5.06
23%
7.48
8.29
11%
16.30
22.44
38%
0.28
0.41
46%
0.16
0.24
50%
0.12
0.16
33%
1.16
1.78
53%
2.04
3.48
71%
1.79
2.05
15%
0.56
0.56
0%
8.22
9.91
21%
6.51
8.33
28%
15.79
16.02
1%
1.78
2.24
26%
4.77
5.28
11%
0.41
0.90
120%
0.89
1.11
25%
0.67
0.62
-7%
1.58
3.45
118%
3.13
4.10
31%
22.44
31.04
38%
2.96
2.95
0%
14.36
18.83
31%
24.81
30.96
25%
6.20
7.01
13%
1.52
2.08
37%
14.85
20.67
39%
11.49
14.04
22%
1.82
1.82
0%
0.32
0.32
0%
4.99
4.99
0%
1.62
1.62
0%
3.84
5.55
45%
4.66
4.71
1%
24.62
28.99
18%
0.36
1.27
253%
4.69
5.49
17%
2.32
3.06
32%
5.93
9.20
55%
6.11
10.96
79%
1.67
1.08
-35%
0.49
0.74
51%
3.37
4.02
19%
0.63
0.99
57%
4.50
5.11
14%
0.81
1.81
123%
10.98
14.42
31%
10.12
14.33
42%
0.42
0.25
-40%
0.13
0.32
146%
0.54
0.53
-2%
1.17
1.99
70%
1.90
2.08
9%
0.55
0.47
-15%
2.95
3.30
12%
12.53
17.76
42%
11.51
13.01
13%
3.54
2.04
-42%
9.92
10.76
8%
6.18
8.70
41%
5.59
6.78
21%
1.06
2.42
128%
6.95
10.01
44%
4.81
5.55
15%
12.76
14.49
14%
3.89
4.09
5%
36.56
44.23
21%
4.69
5.24
12%
1.50
1.47
-2%
1.20
0.83
-31%
12.91
12.95
0%
3.21
3.65
14%
1.48
1.69
14%
0.97
1.16
20%
2.10
2.65
26%
10.15
12.97
28%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
247
2009-10
2010-11
STORES (in Rs cr)
I 2 Rank
RAW MATERIALS (in Rs cr)
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
COMPANY
2.0 Top
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
370
Anu'S Laboratories Ltd
Drugs, medicines & allied products
140.63
173.51
23%
2.32
7.88
240%
650
Auro Laboratories Ltd
Drugs, medicines & allied products
8.98
16.10
79%
0.14
0.13
-7%
902
Brilliant Bio Pharma Ltd
Vaccines for veterniary medicines
2.51
3.56
42%
0.66
0.54
-18%
217
Brooks Laboratories Ltd
Drugs, medicines & allied products
25.66
33.50
31%
0.33
0.25
-24%
613
Coral Laboratories Ltd
Drug formulations
11.87
11.06
-7%
0.02
0.02
0%
847
Denis Chem Lab Ltd
Other pharmaceutical products
19.04
22.53
18%
0.43
0.52
21%
298
Elder Health Care Ltd
Drug formulations
6.82
12.64
85%
0.31
0.37
19%
729
Everest Organics Ltd
Drug formulations
29.57
38.24
29%
0.02
0.12
500%
66
Fermenta Biotech Ltd
Drugs, medicines & allied products
14.46
21.23
47%
0.95
1.29
36%
702
Gennex Laboratories Ltd
Drugs, medicines & allied products
9.73
13.72
41%
0.45
0.90
100%
445
Group Pharmaceuticals Ltd
Drug formulations
9.01
10.60
18%
0.31
0.32
3%
570
Gufic Biosciences Ltd
Drugs, medicines & allied products
16.38
18.49
13%
0.21
0.28
33%
280
Hester Biosciences Ltd
Vaccines
9.71
11.89
22%
0.57
0.51
-11%
228
Jenburkt Pharmaceuticals Ltd
Drug formulations
3.25
4.66
43%
0.01
0.02
100%
912
Kamron Laboratories Ltd
Drugs, medicines & allied products
4.07
5.39
32%
0.03
0.02
-33%
584
Karnataka Antibiotics & Pharmaceuticals Ltd
Drug formulations
50.70
67.48
33%
0.34
0.39
15%
416
Kopran Ltd
Drugs, medicines & allied products
94.90
122.27
29%
1.72
2.21
28%
493
Lincoln Pharmaceuticals Ltd
Drug formulations
32.29
31.77
-2%
1.36
1.05
-23%
809
Lyka Labs Ltd
Drug formulations
52.98
52.98
0%
0.10
0.10
0%
452
Mangalam Drugs & Organics Ltd
Drugs, medicines & allied products
89.36
98.77
11%
0.86
0.95
10%
695
Medicamen Biotech Ltd
Drug formulations
55.81
72.88
31%
0.65
0.75
15%
645
N G L Fine-Chem Ltd
Pharmaceutical products
12.18
18.06
48%
0.27
0.42
56%
431
Ortin Laboratories Ltd
Provitamins & vitamins
27.07
53.86
99%
0.09
0.37
311%
807
Panchsheel Organics Ltd
Drugs, medicines & allied products
13.11
13.09
0%
0.08
0.14
75%
673
Penam Laboratories Ltd
Drug formulations
81.04
81.04
0%
0.91
0.91
0%
989
Punjab Formulations Ltd
IV fluids
21.78
17.35
-20%
0.02
0.02
0%
188
R P G Life Sciences Ltd
Drug formulations
44.91
49.86
11%
3.95
4.86
23%
975
Resonance Specialties Ltd
Drug formulations
13.77
8.34
-39%
0.69
0.58
-16%
877
Roopa Industries Ltd
Drugs, medicines & allied products
20.32
24.79
22%
0.72
0.77
7%
213
S M S Pharmaceuticals Ltd
Drugs, medicines & allied products
155.92
163.19
5%
0.91
1.36
49%
509
Sequent Scientific Ltd
Drugs, medicines & allied products
115.13
131.22
14%
3.85
2.87
-25%
621
Span Diagnostics Ltd
Drugs, medicines & allied products
14.10
13.75
-2%
1.36
1.55
14%
148
Suven Life Sciences Ltd
Drugs, medicines & allied products
42.40
55.27
30%
0.28
0.33
18%
248
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
3.19
5.88
84%
0.37
1.30
251%
5.22
8.55
64%
21.04
28.46
35%
0.53
0.82
55%
0.07
0.09
29%
0.51
0.84
65%
0.64
1.26
97%
0.50
0.62
24%
0.16
0.21
31%
2.01
2.07
3%
0.27
0.44
63%
0.88
1.23
40%
0.19
0.40
111%
2.21
2.64
19%
0.03
0.04
33%
0.90
0.83
-8%
0.43
0.35
-19%
2.96
3.34
13%
0.76
0.58
-24%
1.55
2.20
42%
0.17
0.15
-12%
2.25
2.62
16%
0.08
0.12
50%
0.94
1.19
27%
0.16
0.25
56%
13.00
15.73
21%
1.02
2.36
131%
2.79
3.90
40%
0.96
1.10
15%
1.72
2.14
24%
3.09
4.53
47%
2.16
3.35
55%
0.48
0.42
-13%
6.16
8.97
46%
1.28
2.29
79%
0.83
1.07
29%
0.16
0.28
75%
1.13
1.50
33%
0.41
0.63
54%
0.90
1.05
17%
0.81
1.09
35%
8.78
10.32
18%
4.83
6.47
34%
2.04
2.13
4%
0.44
0.70
59%
3.63
4.10
13%
1.42
2.62
85%
2.17
2.32
7%
0.96
1.33
39%
4.81
5.59
16%
0.05
0.12
140%
0.33
0.33
0%
0.21
0.08
-62%
9.42
11.72
24%
0.68
0.85
25%
0.18
0.17
-6%
0.08
0.05
-38%
1.21
1.18
-2%
0.15
0.15
0%
2.06
2.54
23%
1.64
1.75
7%
32.64
31.11
-5%
5.03
6.56
30%
8.70
9.03
4%
1.49
1.59
7%
14.91
15.74
6%
4.54
7.23
59%
1.07
1.29
21%
0.42
0.56
33%
10.09
14.11
40%
2.39
3.00
26%
1.57
1.57
0%
1.06
1.06
0%
9.53
9.53
0%
5.66
5.66
0%
6.03
6.07
1%
1.05
1.31
25%
4.34
5.59
29%
2.71
5.13
89%
2.64
3.72
41%
1.34
0.92
-31%
4.95
6.60
33%
0.61
0.60
-2%
1.96
2.47
26%
1.66
1.75
5%
2.88
3.46
20%
2.02
2.46
22%
0.05
1.35
2600%
0.22
0.33
50%
0.65
2.36
263%
0.75
3.96
428%
0.74
0.82
11%
0.04
0.05
25%
0.57
0.60
5%
0.36
0.68
89%
3.42
3.42
0%
1.40
1.40
0%
3.01
3.01
0%
7.75
7.75
0%
1.69
2.31
37%
0.23
0.17
-26%
2.69
3.14
17%
0.06
0.17
183%
5.37
6.18
15%
3.21
3.82
19%
23.71
32.63
38%
6.72
8.31
24%
2.41
3.36
39%
0.61
0.56
-8%
1.24
1.63
31%
1.01
1.25
24%
1.78
2.30
29%
0.71
1.01
42%
1.36
1.64
21%
1.51
2.10
39%
12.70
15.36
21%
3.41
4.97
46%
9.80
12.62
29%
19.14
25.37
33%
14.20
16.04
13%
7.93
8.86
12%
20.54
22.41
9%
7.22
9.35
30%
1.19
1.27
7%
0.06
0.07
17%
10.48
12.12
16%
1.06
1.52
43%
8.16
10.66
31%
5.71
7.38
29%
13.73
16.66
21%
0.86
0.80
-7%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
249
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
COMPANY
INDUSTRIAL ACTIVITY
Manufacturing expenses smbs
I 2 Rank
2.0 Top
949
Suyash Laboratories Ltd
Drugs, medicines & allied products
23.39
27.00
15%
0.43
0.42
-2%
71
Sven Genetech Ltd
Amino acid liquids
15.08
24.25
61%
0.60
0.62
3%
753
Syncom Healthcare Ltd
Drugs, medicines & allied products
9.56
11.13
16%
0.08
0.14
75%
339
Troikaa Pharmaceuticals Ltd
Drug formulations
27.75
41.21
49%
0.85
1.01
19%
827
Tyche Industries Ltd
Drugs, medicines & allied products
30.73
31.28
2%
2.36
1.64
-31%
196
Vikram Thermo (India) Ltd
Basic pharmaceuticals nec
10.26
17.37
69%
0.04
0.03
-25%
123
Zim Laboratories Ltd
Drug formulations
53.23
89.36
68%
0.46
0.90
96%
2009-10
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
PLASTICS & POLYMERS 455
Acrysil Ltd
Tableware, kitchenware, other household articles
12.82
14.44
13%
0.87
0.99
14%
943
Alfa Ica (India) Ltd
Sheets, films, etc. of plastic, not reinforced
27.12
33.91
25%
0.55
0.61
11%
968
Bajaj Steel Inds Ltd
Plastic Products
131.56
148.40
13%
7.63
7.31
-4%
324
Balmer Lawrie-Van Leer Ltd
Reservoirs, tanks, etc.
103.64
119.06
15%
5.47
6.40
17%
502
Bright Brothers Ltd
Plastic injection moulding items
59.27
76.34
29%
0.66
0.75
14%
139
Clear Mipak Packaging Solutions Ltd
Plastic injection moulding items
50.80
88.41
74%
0.70
1.03
47%
962
Deccan Polypacks Ltd
Sacks & bags
22.13
23.02
4%
0.36
0.34
-6%
457
E P C Industrie Ltd
Tubes, pipes & hoses of poly vinyl chloride
44.96
58.34
30%
0.27
0.40
48%
364
Emmbi Polyarns Ltd
Sacks & bags
31.94
34.49
8%
1.16
1.66
43%
681
Fancy Fittings Ltd
Plastic injection moulding items
31.37
44.59
42%
2.41
4.11
71%
789
Glory Polyfilms Ltd
Plastic film
85.39
132.64
55%
0.66
0.46
-30%
207
Gujarat Polybutenes Pvt Ltd
Polyisobutylene
22.60
32.48
44%
0.14
0.24
71%
722
Hindustan Adhesives Ltd
Cellulose adhesive tapes
23.31
31.46
35%
0.77
0.88
14%
665
Hindustan Fluorocarbons Ltd
Polytetrafluoroethylene
9.37
15.30
63%
0.34
0.52
53%
389
Hitech Plast Ltd
Reservoirs, tanks, etc.
94.60
132.92
41%
0.66
1.02
55%
922
International Conveyors Ltd
PVC belt conveyor
41.04
47.63
16%
0.25
0.21
-16%
474
Jumbo Bag Ltd
Sacks & bags
45.14
54.39
20%
1.06
1.10
4%
422
Kanoria Plaschem Ltd
Plastic injection moulding items
6.43
10.37
61%
0.12
0.15
25%
424
Kanpur Plastipack Ltd
Sacks & bags
70.03
79.63
14%
1.61
2.01
25%
146
Kothari Petrochemicals Ltd
Polyisobutylene
82.65
109.76
33%
1.69
1.44
-15%
793
Kriti Industries (India) Ltd
Tubes, pipes & hoses of poly vinyl chloride
318.72
196.56
-38%
2.46
1.71
-30%
436
Linc Pen & Plastics Ltd
Pens
88.10
71.89
-18%
0.37
0.51
38%
267
Machino Plastics Ltd
Other articles of plastics
79.82
109.68
37%
0.96
0.81
-16%
154
Maharashtra Polybutenes Ltd
Polyisobutylene
64.70
73.32
13%
0.33
0.62
88%
707
Mahindra Composites Ltd
Other articles of plastics
30.36
34.26
13%
0.67
0.90
34%
250
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2.21
2.52
14%
0.08
0.05
-38%
1.13
1.07
-5%
3.39
2.28
-33%
0.25
0.28
12%
0.09
0.10
11%
2.97
3.73
26%
0.35
0.59
69%
0.77
1.11
44%
0.35
0.55
57%
4.79
6.66
39%
0.01
0.02
100%
3.90
4.77
22%
1.27
1.16
-9%
24.08
34.33
43%
2.00
2.66
33%
2.61
2.87
10%
2.83
2.93
4%
2.48
3.12
26%
0.06
0.04
-33%
0.55
0.67
22%
0.28
0.20
-29%
1.28
1.56
22%
1.86
3.59
93%
1.69
2.59
53%
1.70
1.89
11%
6.11
8.03
31%
1.97
2.96
50%
1.90
2.11
11%
0.62
0.74
19%
4.17
4.96
19%
0.48
0.72
50%
2.19
2.17
-1%
0.21
0.15
-29%
0.40
0.32
-20%
1.34
2.18
63%
1.17
1.37
17%
0.81
0.86
6%
15.46
19.79
28%
13.83
17.74
28%
10.02
11.90
19%
1.56
1.82
17%
9.82
11.15
14%
11.15
14.74
32%
4.69
5.40
15%
1.39
1.54
11%
5.71
7.02
23%
7.86
11.70
49%
5.79
8.37
45%
0.98
1.91
95%
5.69
8.13
43%
4.21
8.99
114%
1.06
1.30
23%
0.17
0.16
-6%
1.16
1.22
5%
3.24
3.88
20%
2.44
3.04
25%
0.45
0.53
18%
7.19
9.21
28%
0.54
1.01
87%
1.47
1.55
5%
0.16
0.20
25%
3.47
4.61
33%
2.25
2.29
2%
2.00
2.31
16%
0.83
0.97
17%
4.08
5.83
43%
0.22
0.17
-23%
0.96
1.27
32%
0.54
0.51
-6%
2.84
2.41
-15%
6.74
10.49
56%
6.49
6.10
-6%
0.63
0.49
-22%
2.03
2.17
7%
0.06
0.02
-67%
4.00
4.13
3%
0.83
0.75
-10%
2.81
3.38
20%
3.15
4.64
47%
4.05
5.58
38%
0.06
0.12
100%
3.82
6.08
59%
1.99
3.93
97%
5.59
7.82
40%
1.38
1.71
24%
7.79
9.85
26%
14.79
22.44
52%
2.15
2.56
19%
1.45
1.13
-22%
4.91
5.44
11%
2.46
1.82
-26%
3.36
3.89
16%
0.53
0.69
30%
3.47
4.24
22%
4.92
6.92
41%
0.45
0.75
67%
0.11
0.15
36%
0.74
1.15
55%
0.72
1.60
122%
5.88
6.37
8%
0.64
0.57
-11%
5.20
6.64
28%
3.68
3.88
5%
9.83
12.72
29%
2.45
3.27
33%
3.01
3.32
10%
9.22
11.80
28%
10.26
6.30
-39%
0.58
0.19
-67%
9.87
8.39
-15%
17.10
23.02
35%
1.17
1.53
31%
0.35
0.31
-11%
9.07
11.27
24%
0.07
0.25
257%
7.85
9.37
19%
2.38
2.03
-15%
6.32
9.56
51%
12.93
18.28
41%
4.70
5.28
12%
0.32
0.58
81%
1.54
1.96
27%
10.65
13.02
22%
0.86
0.95
10%
0.92
1.03
12%
3.67
4.31
17%
3.79
4.97
31%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
251
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
Manufacturing expenses smbs
2009-10
111
Manjushree Technopack Ltd
Sacks & bags of polyethylene
84.66
122.51
45%
2.16
2.74
27%
459
Merino Panel Products Ltd
Sheets, films, etc. of plastic, not reinforced
82.94
107.67
30%
2.64
5.27
100%
805
Mewar Polytex Ltd
Sacks & bags of polyethylene
16.70
21.08
26%
0.55
0.49
-11%
313
Mold-Tek Packaging Ltd
Plastic injection moulding items
66.81
86.25
29%
0.38
0.44
16%
940
Nagreeka Foils Ltd
Other articles of iron & steel
28.49
29.88
5%
0.45
0.97
116%
769
National Plastic Inds Ltd
Plastic injection moulding items
33.51
38.06
14%
0.11
0.19
73%
444
National Plastic Technologies Ltd
Plastic injection moulding items
33.41
36.80
10%
0.38
0.27
-29%
52
Neo Corp Intl Ltd
HDPE woven sacks
133.55
196.77
47%
1.49
2.13
43%
644
Padmanabh Alloys & Polymers Ltd
Plastic Products
5.01
7.51
50%
0.02
0.02
0%
908
Pankaj Polymers Ltd
Sacks & bags of polyethylene
20.05
22.15
10%
0.24
0.16
-33%
921
Polycon International Ltd
Builders wares of plastics
21.91
19.17
-13%
0.36
0.29
-19%
698
Polyspin Exports Ltd
HDPE woven sacks
22.65
31.69
40%
0.89
1.55
74%
573
Pragati Chemicals Ltd
Amino/phenolic resins & polyurethanes
13.15
15.96
21%
0.04
0.04
0%
871
Premier Polyfilm Ltd
Other sheets, films & foils of plastics
35.41
38.29
8%
0.72
0.99
38%
655
Prima Plastics Ltd
Plastic injection moulding items
33.24
37.73
14%
0.60
0.72
20%
296
R D B Rasayans Ltd
Sacks & bags
17.59
30.16
71%
0.48
0.62
29%
959
Raj Packaging Inds Ltd
Plastic packaging goods
15.38
21.34
39%
0.56
0.97
73%
635
Resins & Plastics Ltd
Amino/phenolic resins & polyurethanes
48.97
51.43
5%
0.31
0.21
-32%
354
Rungta Irrigation Ltd
Tubes, pipes & hoses of poly vinyl chloride
21.81
47.14
116%
0.51
1.30
155%
361
Rushil Decor Ltd
Sheets, films, etc. of plastic, not reinforced
65.78
84.40
28%
1.59
1.81
14%
560
Safari Industries (India) Ltd
Moulded luggage
17.86
22.58
26%
0.26
0.32
23%
241
Shaily Engineering Plastics Ltd
Plastic Products
56.02
77.56
38%
0.66
1.22
85%
449
Shivalik Agro Poly Products Ltd
Biaxially oriented polypropylene (BOPP) film
42.65
49.50
16%
0.70
0.63
-10%
725
Shri Jagdamba Polymers Ltd
Sacks & bags of polyethylene
15.45
23.17
50%
0.55
0.54
-2%
720
Sreechem Resins Ltd
Polyester or contract resins
14.75
26.37
79%
0.16
0.14
-13%
399
Stylam Industries Ltd
Sheets, films, etc. of plastic, not reinforced
45.57
59.20
30%
1.50
2.03
35%
677
Texel Industries Ltd
Plastic packaging goods
20.23
20.28
0%
0.66
0.54
-18%
935
Texplast Industries Ltd
Sacks & bags
19.12
25.59
34%
0.27
0.14
-48%
441
Tijaria Polypipes Ltd
HDPE pipes
50.79
86.67
71%
0.23
0.25
9%
504
Tirupati Inks Ltd
Polyester film
65.85
94.97
44%
0.06
0.02
-67%
724
Tulsi Extrusions Ltd
PVC pipes
65.76
106.07
61%
1.01
0.92
-9%
774
Uniproducts (India) Ltd
Floor coverings of plastics
85.28
96.61
13%
1.76
1.25
-29%
195
Wim Plast Ltd
Plastic injection moulding items
75.66
92.37
22%
0.41
0.32
-22%
I 2 Rank
COMPANY
INDUSTRIAL ACTIVITY
2.0 Top
252
september 2012 | industry 2.0 - technology management for decision-makers
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
12.08
16.43
36%
2.79
1.75
-37%
8.55
12.25
43%
12.10
27.20
125%
6.96
8.67
25%
2.70
2.73
1%
9.34
11.10
19%
7.44
10.95
47%
1.66
2.16
30%
0.45
0.37
-18%
1.14
1.34
18%
1.23
1.77
44%
4.05
4.57
13%
1.68
2.00
19%
8.04
10.65
32%
12.55
18.29
46%
0.43
0.47
9%
0.21
0.31
48%
1.49
1.87
26%
2.84
2.63
-7%
2.33
1.92
-18%
0.54
0.71
31%
1.24
1.56
26%
3.65
4.86
33%
2.92
3.99
37%
0.48
0.69
44%
1.87
2.46
32%
5.75
7.93
38%
2.84
4.13
45%
0.25
0.73
192%
6.02
7.67
27%
10.79
14.49
34%
0.42
0.47
12%
0.03
0.01
-67%
0.31
0.38
23%
0.62
1.03
66%
1.18
1.27
8%
0.25
0.21
-16%
0.46
0.52
13%
0.93
0.99
6%
3.38
2.85
-16%
0.53
0.44
-17%
0.93
0.89
-4%
5.42
4.78
-12%
1.31
2.46
88%
0.42
0.61
45%
3.10
3.78
22%
0.01
0.02
100%
0.57
0.49
-14%
0.10
0.08
-20%
0.61
0.64
5%
1.59
2.16
36%
3.82
4.02
5%
0.51
0.70
37%
3.27
4.05
24%
3.58
5.07
42%
1.78
1.72
-3%
0.46
0.46
0%
2.75
3.19
16%
5.78
7.05
22%
1.46
2.83
94%
0.12
0.21
75%
1.66
2.51
51%
3.27
5.16
58%
0.63
0.79
25%
0.17
0.12
-29%
0.51
0.56
10%
2.53
3.73
47%
1.30
1.22
-6%
0.18
0.44
144%
3.16
3.43
9%
5.94
7.27
22%
0.67
1.49
122%
0.73
0.21
-71%
2.08
2.61
25%
0.26
1.12
331%
4.68
6.99
49%
0.32
0.59
84%
5.72
7.07
24%
3.79
6.04
59%
1.04
1.08
4%
0.14
0.16
14%
6.01
6.51
8%
9.40
11.26
20%
5.68
6.44
13%
1.24
1.46
18%
9.10
10.72
18%
2.01
2.46
22%
2.35
2.55
9%
0.62
0.83
34%
5.34
4.49
-16%
0.60
1.08
80%
3.59
3.91
9%
0.28
0.08
-71%
3.40
4.52
33%
0.20
0.24
20%
0.83
1.14
37%
0.25
0.27
8%
0.79
0.86
9%
1.55
3.12
101%
2.44
3.98
63%
0.27
0.39
44%
2.70
4.26
58%
2.36
3.17
34%
1.45
1.57
8%
0.15
0.16
7%
0.28
0.33
18%
0.05
0.26
420%
1.09
1.44
32%
0.27
0.28
4%
2.63
3.46
32%
0.86
1.20
40%
1.90
1.75
-8%
0.15
0.07
-53%
1.62
1.66
2%
3.37
6.73
100%
0.11
0.12
9%
0.04
0.07
75%
0.79
0.88
11%
0.79
0.71
-10%
3.04
4.90
61%
0.12
0.23
92%
3.75
7.25
93%
10.43
7.48
-28%
11.12
10.20
-8%
5.12
5.78
13%
14.72
19.76
34%
13.00
17.27
33%
3.66
4.01
10%
0.76
0.65
-14%
3.12
3.82
22%
11.56
21.80
89%
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
253
STORES (in Rs cr)
RAW MATERIALS (in Rs cr)
Manufacturing expenses smbs
2009-10
612
Eastern Treads Ltd
Rubber & rubber products
16.14
21.84
35%
0.09
0.08
-11%
261
Famy Care Ltd
Sheath contraceptives
32.91
40.48
23%
5.90
4.52
-23%
90
Gujarat Reclaim & Rubber Products Ltd
Reclaimed rubber
66.38
87.64
32%
2.14
2.35
10%
463
Inarco Ltd
Rubber aprons
17.24
22.25
29%
1.23
1.75
42%
359
Indag Rubber Ltd
Retreaded & other tyres
83.62
110.94
33%
1.00
0.86
-14%
963
M I L Industries Ltd
Unvulcanised rubber products
6.87
8.24
20%
0.96
1.16
21%
517
Multibase India Ltd
Rubbers
21.46
23.95
12%
0.45
0.34
-24%
201
Pix Transmissions Ltd
V belt
77.41
107.78
39%
0.87
2.71
211%
141
Rajagiri Rubber & Produce Co Ltd
Rubbers
12.90
14.94
16%
1.76
2.15
22%
688
Rubfila International Ltd
Vulcanised rubber thread & cord
38.71
63.51
64%
0.40
1.06
165%
531
Vamshi Rubber Ltd
Tyre treads
38.97
48.82
25%
0.85
0.73
-14%
837
Woco Motherson Elastomer Ltd
Rubber & rubber products
14.46
14.99
4%
0.78
0.71
-9%
I 2 Rank
COMPANY
INDUSTRIAL ACTIVITY
2.0 Top
2010-11
Y-O-Y Change 2009-10
2010-11
Y-O-Y Change
RUBBER PRODUCTS
WIRES & CABLES C M I Ltd
Jelly filled cables
37.26
51.09
37%
0.95
0.75
-21%
931
Delton Cables Ltd
Wires & cables, insulated
103.94
98.00
-6%
0.55
0.79
44%
110
Shilpi Cable Technologies Ltd
Wires & cables
138.11
188.91
37%
1.36
1.28
-6%
450
Torrent Cables Ltd
Cross linked polyethylene cables (XLPE)
129.40
198.40
53%
1.43
1.40
-2%
899
U M Cables Ltd
Jelly filled cables
100.90
71.76
-29%
1.24
0.52
-58%
882
Yamuna Power & Infrastructure Ltd
Wires & cables
13.34
6.57
-51%
0.14
0.08
-43%
techwatch
626
254
Cheaper Production Method for Butanol
A
new discovery is poised to make butanol more attractive to the biofuel industry. University of Illinois scientist Hao Feng has found a way around a bottleneck that has frustrated producers in the past, and could significantly reduce the cost of the energy involved in making it as well. “The first challenge in butanol production is that at a certain concentration, the fuel being created becomes toxic to the organism used to make it (Clostridium pasteurianum and other strains). That toxicity limits the amount of fuel that can be made in one batch. The second issue is
september 2012 | industry 2.0 - technology management for decision-makers
the high energy cost of removing butanol from the fermentation broth at the high concentrations used by the industry. We have solved both problems,” he said. In a study, funded by the Energy Biosciences Institute, Feng’s team successfully tested the use of a non-ionic surfactant, or co-polymer, to create small structures that capture and hold the butanol molecules. “This keeps the amount of butanol in the fermentation broth low. So, it doesn’t kill the organism and we can continue to produce it,” he said. This process, called extractive fermentation, increases
www.industry20.com
TAXES (in Rs cr)
COMPENSATION (in Rs cr)
REPAIRS (in Rs cr)
POWER & FUEL (in Rs cr) 2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
2009-10
2010-11
Y-O-Y Change
0.95
1.07
13%
0.13
0.11
-15%
2.36
2.58
9%
1.99
1.91
-4%
5.97
6.55
10%
1.02
1.30
27%
20.59
25.89
26%
1.58
2.47
56%
16.53
20.70
25%
1.90
1.79
-6%
12.50
15.44
24%
5.06
6.10
21%
2.40
2.99
25%
0.61
0.99
62%
7.63
9.34
22%
3.10
4.62
49%
3.80
4.02
6%
1.39
1.26
-9%
5.66
7.62
35%
0.18
0.28
56%
0.88
0.85
-3%
0.33
0.30
-9%
2.01
2.07
3%
0.71
0.85
20%
0.52
0.46
-12%
0.42
0.29
-31%
2.30
2.94
28%
2.26
3.33
47%
5.78
6.75
17%
0.99
1.34
35%
25.36
27.03
7%
11.83
9.83
-17%
1.23
1.33
8%
1.44
2.02
40%
9.37
9.98
7%
0.20
0.44
120%
3.52
2.85
-19%
1.02
0.95
-7%
2.43
2.94
21%
0.37
0.46
24%
2.29
2.63
15%
0.28
0.24
-14%
3.32
3.57
8%
7.20
9.92
38%
1.45
1.69
17%
0.92
1.33
45%
3.00
3.61
20%
0.35
0.33
-6%
0.86
0.88
2%
0.53
0.58
9%
1.11
1.31
18%
3.80
6.05
59%
3.27
2.84
-13%
0.94
1.31
39%
8.40
8.75
4%
10.40
10.28
-1%
0.62
0.74
19%
0.29
0.27
-7%
2.99
3.56
19%
0.02
0.13
550%
4.22
5.64
34%
1.24
0.38
-69%
7.67
8.60
12%
19.24
31.29
63%
2.50
1.75
-30%
0.23
0.21
-9%
3.93
4.43
13%
5.90
6.10
3%
0.39
0.41
5%
0.39
0.52
33%
4.27
4.00
-6%
1.61
1.20
-25%
the amount of butanol produced during fermentation by 100 per cent or more. But that’s only the beginning. Feng’s group then makes use of one of the polymer’s properties—its sensitivity to temperature. When the fermentation process is finished, the scientists heat the solution until a cloud appears and two layers form. “We use a process called cloud point separation,” he said. “Two phases form, with the second facing the polymer-rich phase. When we remove the second phase, we can recover the butanol, achieving a three to four-fold reduction in energy use there because we don’t have to remove as much water as in traditional fermentation.”
www.industry20.com
A bonus is that the co-polymers can be recycled and can be reused at least three times after butanol is extracted with little effect on phase separation behaviour and butanol enrichment ability. After the first recovery, the volume of butanol recovered is slightly lower but is still at a high concentration, he said. According to Feng, alternative fuel manufacturers may want to take another look at butanol because it has a number of attractive qualities. Butanol has a 30 per cent higher energy content than ethanol, lower vapour pressure, and is less volatile, less flammable, and mixes well with gasoline, he noted.
industry 2.0 - technology management for decision-makers | september 2012
1. RAW MATERIALS: Raw material expenses, opening stock of material, raw materials purchased, Cenvat credit, raw material acquired on mergers and acquisitions, raw material transferred on hive-off and de-mergers, cosing stock of raw materials 2. STORES: Stores, spares and tools consumed 3. POWER & FUEL: Power, fuel and water charges 4. REPAIRS: Repair & maintenance of buildings, repair & maintenance of plant and machinery, repairs & maintenance of vehicles, etc 5. COMPENSATION: Salaries, wages, bonus, ex-gratia payments, gratuities and contribution to provident fund 6. TAXES: Excise duty, sales tax, value added taxes (VAT), and other indirect taxes [Source of data: CMIE Prowess] Disclaimer: While every care has been taken to ensure accuracy in compiling data and presenting this analysis, neither the publisher nor the editor will be responsible for any errors or omissions. Nor will they be held responsible for actions taken by any person or organization placing reliance upon the data herein. Errors, omissions and mistakes may be brought to the attention of the editor for rectification in future issues of the magazine.
2009-10
255
product update Cutting Insert
Heat Sinks
S
O
andvik Coromant has unveiled a light cutting insert for precision gear milling cutters. Suitable for small gear milling machines, the PL geometry flank insert features a positive chip breaker that minimises unwanted cutting forces and vibration. This lends to reduced power consumption, the ability to run accelerated and extended cycles. Typical operations for this insert include rough milling of internal or external gears, as well as machining of gear wheels in 12-22 module range. Sandvik Coromant Co Tel: +1-800-7263845 Website: www.coromant.sandvik.com
Bottle Orientor
hmite Manufacturing has developed the 19000 Series radial-fin heat sink extrusions for LED light engines. Made of black anodised aluminium, the series features radial-fin geometry that is optimised for natural convection. Five models are available with power ratings of 42.8, 26.3, 9, 4.5, and 24W and corresponding thermal resistances of 0.68, 1.15, 2.38, 3.27, and 1.15 C/W. The expected temperature rise above ambient ranges from 14.7°C max for 4.5 W model to 29.2°C for 42.8 W unit. These heat sinks are suitable for many types of LED lighting fixtures, with mounting features incorporated as part of the extrusion. The extrusion profile has screw bosses located precisely to enable easy LED substrate attachment, and a provision a slip-nut attachment enable assembly into diverse lighting fixtures. The heat sinks range in length from 2 inches (50.8 mm) to 10 inches (190.5 mm), with diameters of 1.26 inches (32 mm) to 4.51 inches (mm). Ohmite Mfg Tel: +1-847-2580300 Website: www.ohmite.com
N
albach Engineering has introduced a new line of bottle orientors that quickly assures uniform orientation of asymmetric bottles. Designed to turn non-round bottles into a common direction, the NECO-Orientor Inline 0/180° System accepts bottles from single lane source and, based upon vision sensor's output, allows bottles to pass if they are properly oriented. It spins bottles by 180° if they are not. The system is available as fully integrated option for company's line of plastic bottle unscramblers, or as a standalone product to meet needs of existing production lines Nalbach Engineering Company, Inc Tel: +1- 708-5799100 Website: www.nalbach.com
Cable Connector
C
ooper Crouse-Hinds has developed the Quick-Lok Pro Connector (MCQ series) for commercial construction applications. Offering tool-less, snap-in installation and removal, the series is suitable for terminating cables in steel boxes and enclosures. The unit comes standard with a polycarbonate insulated throat to ensure a smooth pulling surface. Designed to fit into 0.5-inch knock-out, the connector is suitable for steel and aluminium armored cable from 14/2-10/3, steel and aluminium MC/MCI-A and hospital grade cable from 14/2-10/3, and steel and aluminium 0.37 inches reduced wall flexible metal conduit. Cooper Crouse-Hinds Tel: +1- 315-477-7000 Website: www.crouse-hinds.com
Pipe Stand
R
Evaporator System
idge has launched a new folding pipe stand that is lightweight (24 lbs) and can be used for joining applications involving pipes up to 12 inches in diameter and 2,500 lbs in weight. The unit is equipped with an ergonomic V-handle that can be adjusted in height from 28 to 58 inches. With folding rectangular legs, the stand measures 27 inches in diameter when open, and 7 inches in diameter when closed.
quatech has developed a modular evaporator unit, called SMARTMOD, that employs a vertical tube falling film evaporator design for treating difficult water sources. A multiple section design ensures ASME quality distillate, and an on-line washing mechanism allows for continuous distillate production at greater than 70 per cent of design capacity during washing. With minimised centre of mass and evaporator weight, the SMARTMOD module and vessels eliminate the need for a large evaporator building.
Ridge Tool Company Tel: +1- 440-3235581 Website: www.ridgid.com
Aquatech International Corp Tel: +1- 724-7465300 Website: www.aquatech.com
256
A
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Flat Motor
Syringe Pump
M
H
axon has launched the EC 90 flat motor equipped with a MILE encoder. Offering resolutions up to 3,200 impulses/ turn, and a nominal torque of 517 Nm, the EC 90 operates by detecting eddy currents in an electrically conducting target. The inductive rotary encoder resists dust and oil vapour, and is insensitive to interferences form pulses generated by PWM controllers or motor magnets. Maxon Precision Motors Tel: +1- 508-6770520 Website: www.maxonmotorusa.com
arvard Apparatus has launched the PHD Ultra CP syringe pump that can be coupled to virtually any pressure transducer or amplifier with 0-10 V output. The pump delivers fluids with applied force up to 1,000 lb within ±-2 per cent pressure accuracy. The unit infuses fluids under constant pressure by automatically adjusting the flow rate. Applications include organ perfusion studies, ocular injections and perfusions, and constant pressure micro fluidic mixing. Harvard Apparatus Inc Tel: +1- 800-2722775 Website: www.harvardapparatus.com
Material Filler Downdraft Table
A
new multipurpose filler from Flexicon dispenses bulk solid materials into boxes, drums and bulk bags by weight. Constructed with twin centre post frame, the transition hood is connected to fill head using quick-action clamps. It can fill boxes from 36 to 48 inches on the side, and 39 to 44 inches in height. For filling 30 to 55 gallon drums, a pneumatically actuated, telescoping drum filling adapter swivels inward for rapid connection to the fill head. An automated vibratory system raises and vibrates the container deck to de-aerate and densify the material. The unit features a fill head that seals dust-tight against the inlet spout of bulk bags, or connects to transition adapters that seal against open boxes or drums. The filler is constructed of carbon steel with durable industrial finish, or stainless steel finished to industrial, food, dairy or pharmaceutical standards. It is offered with a mechanical or pneumatic conveyor delivery system that can be integrated with upstream process equipment.
ynabrade has introduced a new metal capture downdraft table that helps reduce the potential flammability of materials during grinding. Using a wet filtration system, the table minimises the flammability by capturing potentially combustible filings and dust in air or water. The captured material is then deposed of as slurry. Featuring 12-gauge construction, the table has 42-gallon capacity and working area of 36x60 inches to accommodate large work pieces. The system includes casters for manoeuvring, and has shields on both sides and the back of the table.
Flexicon Corporation Tel: +1- 888-3539426 Website: www.flexicon.com
Dynabrade Inc Tel: +1- 800-8287333 Website: www.dynabrade.com
D
Band Saw
Proximity Sensor
B
C
ehringer has unveiled the new HBM800ALU bandsaw for high-speed cutting of aluminium and other non-ferrous materials. Employing a 30 HP motor and a 1.25-inch bi-metal or carbide-tipped saw blade, the machine enables high-speed cutting of non-ferrous materials. The saw can handle material sizes up to 31.4 inches in metre and 31.4x31.4 inches square. After loading stock, the machine continually manages all aspects of process and displays real-time cutting data at the operator terminal. With electronic control system, blade speed and feed rates are ramped up after initial penetration and ramped down as blade exits material.
arlo Gavazzi has announced a new series of ecofriendly inductive proximity sensors. Available in M12, M18, and M30 housing sizes, the ICB Series feature a potting material made from a recycled corn by-product. The air-core sensing coil offers immunity to magnetic fields while lending to the sensor's vibration and impact resistance. The series features nickel-brass housings in long and short barrel lengths. These 3-wire sensors are available in choice of NO or NC, NPN or PNP outputs.
Behringer Saws, Inc Tel: +1- 888-2347464 Website: www.behringersaws.com
Carlo GAVAZZI Automation Components Tel: +1- 847-465-6100 Website: www.gavazzionline.com
www.industry20.com
industry 2.0 - technology management for decision-makers | september 2012
257
product update Magnetic Chuck
S
chunk has developed an array of standardised magnetic chucks with radial pole pitch for exact machining of thin-walled rings on rotary tables, cylindrical grinding machines, and lathes. The chucks employ electrically activated permanent magnets and radial pole plates. Work pieces can be machined from three sides without changeover. Since the magnetic field is active up to outer fringe areas, extremely large work pieces can be clamped securely and without deformation. The two-dimensional holding force minimises vibrations during machining.
Sensing Switch
N
K Technologies has redesigned its ASM series Smart-Switches to use actual load current and set the trip point. The range accommodates the needs for pumps, fans, heating elements, conveyors, as well as multiload safety-interlocked applications. The output contact is AC and DC compatible. These self-calibrating switches use the actual load current to set the trip point, and provide a simple way to ensure that a motor is working properly. The Smart-Switches are self-powered and self-calibrating to speed start-up, and minimise installation costs. NK Technologies Tel: +1- 888-6960713 Website: www.nktechnologies.com
Schunk Tel: +1- 800-7724865 Website: www.schunk-usa.com
Steam Valve
D
anfoss has unveiled a servo-operated valve for steam applications. Constructed with carbon reinforced PTFE piston ring and glass fibre reinforced PTFE main orifice seal, the device offers a stroke length that accelerates the heating of the medium. The alignment of the double-guided piston and an extra closing spring help prevent leakage, an erosion-resistant stainless steel valve plate protects the seal surface.
Isolation Valves
C
lark Solutions is offering PPS and PEEK moulded two-way and three-way inert isolation valves. Featuring a particle-tolerant soft valve seat seal design, these devices are particularly suitable for control of waste fluid lines on automated chemistry equipment such as analytical, clinical and biotechnology analysers. Available with 4 or 6 mm orifice size, they are also well suited to a large variety of high purity applications in semiconductor, pharmaceutical and other industries. Insulation Resistance is 50 M at 500 Vdc and dielectric strength is 1,500 Vac/1 min. Rated for 12 or 24 Vdc, the valves are suitable for control of waste fluid lines on automated chemistry equipment.
Clark Solutions Tel: +1- 800-2532497 Website: www.clarksol.com
Danfoss Inc Tel: +1- 410-9318250 Website: www.danfoss.com
Flood Light
Copy Mill
W
lacialTech, has added the GL-FL30S to its range of LED flood lights. The 28W AC-input product features an infrared motion sensor, and provides bright illumination that is suitable for indoor/outdoor retail, commercial, and industrial lighting applications. The passive infrared (PIR) motion sensor enhances ease-of-use, cuts power consumption, and improves security. These lights have a luminous efficacy of up to 67.9 lumens per watt.
alter has introduced the new F4031 Xtra-tec Toric copy mill. The new cutter features a Torx Plus screw that permits improved handling, along with higher clamping and unclamping torque. The product also offers precise positioning of the insert via an innovative prism design, and permits insert clamping with fitting bolt to secure optimal clamping and centering. Available in diameters from 0.312 to 1.250 inches, the copy mill has PVDcoated body for wear resistance and extended life. The toric positive insert is completely ground, and holds a corner radius accuracy of ±0.0004 in., and has 90° secondary cutting edge.
GlacialTech Inc Tel : +886-2-22441227 Website: www.glaciallight.com
Walter USA, Inc Tel: +1- 800-9455554 Website: www.walter-tools.com
G
258
september 2012 | industry 2.0 - technology management for decision-makers
www.industry20.com
Screw Conveyor Drive
Shaft Seal
N
ord has added a helical-bevel gear series to its high-performance screw conveyor package. The system is available with right-angle bevel products for installation of gear boxes in confined spaces. While a 3-hole tapered CEMA drive shaft aids mounting and removal, an adjustable flange allows for multiple bolt patterns. The design uses direct coupled gear motor or NEMA C-face input, eliminating need for a separate V belt. Depending on model, NORD helical-bevel screw conveyor drive produces up to 30 HP and a torque of 42,480 lb-inches. Getriebebau-Nord GmbH + Co Tel: +49-4532-4010 Website: www.nord.com
T
he new SKF reinforced all-rubber HSS radial shaft seals provide reliable protection against contaminants and extended service life for large-size bearings in wind turbine drive trains. The seals are designed for easy installation and replacement during maintenance procedures. The seals feature a spring-loaded sealing lip design with a defined radial load. The seals are made from SKF Duratemp hydrogenated nitrile rubber that maximises static sealing performance with the ability to accommodate imperfections in the mating housing surface. SKF USA Tel: +1- 800-4404753 Website: www.skfusa.com
Diaphragm Pump
Spindle Interface
C
ombining max clamping force with minimal interference, the KM4X spindle interface provides optimal connection, stiffness, and bending load capacity for machining high-strength alloys. A three-surface contact results in increased bending moment resistance capacity when compared to other tool systems. Suitable for a wide range of operations, from low-speed/high torque to high-speed/low torque machining, the product can be used in multitasking turning, machining centres and transfer machines in manual, semi-automatic, or fully automatic modes.
lark Solutions has introduced the Pageboy series of pneumatic diaphragm pumps for pumping strong acids or powerful solvents such as MEK, acetone, chloroform, etc. It incorporates a stress-free diaphragm design to ensure high reliability and long life with strong solvents, light oils, and other low-viscosity fluids. The self-priming pump is designed for vertical-upward flow, and operates from 80 to 100 PSI pressure supply, and consumes 0.5 CFM.
Kennametal Inc Tel: +1- 724-5395000 Website: www.kennametal.com
Clark Solutions Tel: +1- 800-2532497 Website: www.clarksol.com
Honing Machine
T
C
Electric
Transducer
he SV-20 honing system suits job-shop part production with a true linear, vertical, servostroking system to produce precision bore geometries on compressors, oil field components, automotive blocks and similar parts. With 1,500 lb capacity and a 36x40-inches work envelop, the PLC-controlled, front-loading product produces precision bore geometries (IDs from 0.75 to 8.00 inches). The variable-speed (15 to 550 rpm), 5.5 HP spindle motor can drive two-stage, metal-bonded and diamond abrasives. The linear stroking system keeps the honing tool concentric with bore throughout the full stroke length.
hio Semitronics has introduced the MVTR and MCTR series of single-phase, RoHS compliant transducers for the measurement of voltage and current. Supplied in a 35 mm DIN rail enclosure, the products produce fully isolated, 4 to 20 mA output that is proportional to the input voltage or current for sinusoidal and non-sinusoidal inputs found in variable frequency applications. Instrument power is supplied though a control industry standard 4 to 20 mA loop to facilitate installation.
Sunnen Products Co Tel: +1- 800-3253670 Website: www.sunnen.com
Ohio Semitronics, Inc Tel: +1- 614-7771005 Website: www.ohiosemitronics.com
www.industry20.com
O
industry 2.0 - technology management for decision-makers | september 2012
259