| One
of only five manufacturers in the world with fully integrated
operations including mining, fusioning, wind and hydro power
stations, manufacturing, marketing and distribution, CUMI has
shown steady growth over the years. The Company has taken several
steps to gain a visible presence in the international abrasives
arena in the near future.
Financials
|
Rs million
|
| Year (31 March) |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
| REVENUE |
|
|
|
|
|
|
|
|
|
|
| Sales |
2064
|
2397
|
2504
|
2571
|
2857
|
2834
|
2843
|
3142
|
3565
|
4242
|
| Other income # |
78
|
77
|
113
|
180
|
106
|
97
|
311
|
180
|
156
|
484
|
|
|
|
|
|
|
|
|
|
|
|
| PROFITABILITY |
|
|
|
|
|
|
|
|
|
|
| PBIT |
377
|
441
|
439
|
492
|
471
|
425
|
529
|
445
|
554
|
1035
|
| Profit before tax |
202
|
242
|
259
|
349
|
358
|
309
|
455
|
402
|
524
|
1007
|
| Profit after tax |
169
|
184
|
197
|
260
|
232
|
215
|
366
|
317
|
384
|
766
|
| PBIT / Gross sales (per
cent) |
18.26
|
18.39
|
17.53
|
19.14
|
16.48
|
15.00
|
18.61
|
14.16
|
15.54
|
24.39
|
| PBT/ Sales (per cent) |
9.80
|
10.08
|
10.35
|
13.56
|
12.51
|
10.92
|
15.99
|
12.79
|
14.71
|
23.73
|
| |
|
|
|
|
|
|
|
|
|
|
| ASSETS EMPLOYED
|
|
|
|
|
|
|
|
| Fixed assets @ |
950
|
1073
|
1066
|
1013
|
972
|
989
|
911
|
865
|
1060
|
1645
|
| Investments |
475
|
340
|
344
|
364
|
373
|
559
|
502
|
452
|
478
|
511
|
| Net current assets |
680
|
863
|
941
|
898
|
892
|
917
|
901
|
908
|
935
|
1087
|
| Total assets |
2104
|
2277
|
2351
|
2274
|
2237
|
2465
|
2314
|
2225
|
2474
|
3243
|
| Fixed asset turnover |
2.17
|
2.23
|
2.35
|
2.54
|
2.94
|
2.87
|
3.12
|
3.63
|
3.36
|
2.58
|
| Return on capital employed |
17.92
|
19.37
|
18.67
|
21.63
|
21.05
|
17.24
|
22.86
|
20.00
|
22.40
|
31.91
|
| |
|
|
|
|
|
|
|
|
|
|
| FUNDS EMPLOYED
|
|
|
|
|
|
|
|
| Paid up share capital |
111
|
111
|
121
|
121
|
93
|
93
|
93
|
93
|
93
|
187
|
| Reserves |
915
|
959
|
1189
|
1373
|
1179
|
1171
|
1403
|
1589
|
1866
|
2156
|
| Net worth |
1026
|
1070
|
1310
|
1494
|
1272
|
1265
|
1497
|
1682
|
1959
|
2343
|
| Loan funds |
1079
|
1207
|
1041
|
781
|
965
|
1016
|
658
|
404
|
406
|
723
|
| Net deferred tax liability |
-
|
-
|
-
|
-
|
-
|
185
|
159
|
139
|
139
|
177
|
| Total funds |
2104
|
2277
|
2351
|
2274
|
2237
|
2465
|
2314
|
2225
|
2474
|
3243
|
| Debt to equity ratio |
1.05
|
1.13
|
0.79
|
0.52
|
0.76
|
0.80
|
0.44
|
0.24
|
0.21
|
0.31
|
| |
|
|
|
|
|
|
|
|
|
|
| INVESTOR
PARAMETERS
|
|
|
|
|
|
|
|
|
| Dividend (per cent) |
40
|
45
|
50
|
60
|
70
|
75
|
100
|
125+
|
100
|
180
|
| EPS (Rs) |
15.04
|
16.62
|
16.27
|
21.45
|
21.03
|
23.05
|
39.15
|
33.98
|
8.23
|
8.21
|
| EPS (Rs 2 face value)**
|
3.01
|
3.32
|
3.25
|
4.29
|
4.21
|
4.61
|
7.83
|
6.80
|
8.23
|
8.21
|
| Book value per share (Rs) |
93
|
97
|
108
|
123
|
136
|
136
|
161
|
181
|
42
|
|
| Book value (Rs 2 face value)**
|
19.40
|
21.60
|
24.60
|
27.20
|
27.20
|
32.20
|
36.20
|
40.72
|
42.00
|
|
Return on net worth
(per cent) |
16.5
|
17.2
|
15.0
|
17.4
|
18.2
|
17.0
|
24.4
|
18.8
|
19.6
|
32.7
|
| |
@ Excluding revaluation
reserve
* Excluding revaluation reserve and net of miscellaneous expenditure
not written off, and including share capital suspense
# including profit / (loss) on sale of investments and profit
on sale of undertaking
+ including a special dividend of 25 per cent for golden jubilee
** EPS / Book value up to the year 2004 is recomputed based
on the split face value of Rs 2 |
Registered
office
"Parry
House"
43 Moore Street
Chennai - 600 001
Tel: (+91-44) 42216134
Fax: (+91-44) 42216149
Email: dhanvanthkumars@cumi.murugappa.com
Website: www.cumi.murugappa.com
Registrars
and Share Transfer Agents
Karvy Computershare
Private Limited
Karvy House, 46, Avenue 4
Sector No 1, Banjara Hills,
Hyderabad 500 034.
Tel: (+91-40) 23420815 to 23420824
Fax: (+91-40) 23420814
Email: mailmanager@karvy.com
Web: www.karvy.com
|
