Compendium of Nifty 50- October Beta (1.0.0.1) Release

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COMPENDIUM OF NIFTY COMPANIES

Exclusive Financial Analysis of Indian Companies

Prepared and Edited By‐

Tanay Roy, CFAPeu Karak, MBA

Disclaimer

The information, opinions, estimates and forecasts contained in this document have been arrived at or obtained from public sources believed to be reliable and in good faith which has not been independently verified and no warranty, express or implied, is made as to their accuracy,

completeness or correctness.

For more information about this sample and our other services, please write to [email protected]

October‐ 2011

Market Cap Rank264603.19 1227661.59 2203022.53 3153215.25 4145435.57 5143546.63 6138235.20 7121351.68 8108782.40 9100830.32 1094012.79 1183646.26 1282657.75 1380264.15 1473551.62 1552077.32 1651827.24 1747895.67 1847274.01 1947258.70 2045579.64 2144445.32 2243637.69 2341830.94 2439840.95 2538774.42 2638216.93 2737159.85 2833874.37 2931288.95 3030191.99 3128245.58 3227772.45 3325171.94 3425102.76 3523420.69 3622779.60 3722590.18 3821635.19 3921529.34 4021474.07 4120624.73 4217429.82 4316187.30 4415469.80 4514809.39 469988.67 479903.15 487741.12 492369.51 50

Reliance Communications LtdReliance Infrastructure LtdTata Motors LtdReliance Capital LtdTata Power Company Ltd

Company NameReliance Industries LtdOil & Natural Gas Corpn LtdTata Consultancy Services LtdITC LtdInfosys Technologies LtdBharti Airtel LtdNTPC LtdState Bank of IndiaHDFC Bank LtdICICI Bank LtdHDFC LtdWipro LtdLarsen & Toubro LtdBharat Heavy Electricals LtdHindustan Unilever LtdGAIL (India) LtdCairn India LtdSun Pharmaceuticals Industries LtdJindal Steel & Power LtdMahindra & Mahindra LtdPower Grid Corporation of India Ltd

Ambuja Cements LtdCipla Ltd

Grasim Industries LtdACC LtdSesa Goa LtdIDFC LtdJaiprakash Associates Ltd

DLF LtdKotak Mahindra Bank Ltd.Maruti Suzuki India LtdPunjab National BankSiemens LtdHCL Technologies LtdHindalco Industries LtdDr Reddys Laboratories LtdBharat Petroleum Corporation Ltd

Bajaj Auto LtdSteel Authority of India LtdAxis Bank LtdTata Steel LtdHero MotoCorp Ltd.Sterlite Industries (India) Ltd

Rank-Market Cap

Ranbaxy Laboratories LtdReliance Power Ltd

Page: 2

Sales Rank270960.00 1163532.28 287139.68 371744.28 459581.38 549522.09 645610.66 745225.47 843165.93 938872.10 1037263.20 1134309.77 1231478.02 1330705.12 1429330.09 1527780.03 1627670.00 1726532.00 1825067.16 1924711.83 2022481.09 2121486.48 2220787.87 2320439.35 2417496.16 2516710.62 2616293.47 2713872.73 2813179.95 2911787.20 3011514.11 3111047.26 329978.56 338633.76 348592.07 357821.94 366971.82 376878.25 386794.47 396429.64 405730.26 414851.36 424725.41 434712.53 444660.25 453243.89 462949.93 472329.31 4848.78 491.78 50

Company NameReliance Industries LtdBharat Petroleum Corporation LtdState Bank of IndiaOil & Natural Gas Corpn LtdNTPC LtdTata Motors LtdLarsen & Toubro LtdSteel Authority of India LtdBharat Heavy Electricals LtdBharti Airtel LtdMaruti Suzuki India LtdGAIL (India) LtdTata Consultancy Services LtdTata Steel LtdPunjab National BankICICI Bank LtdWipro LtdInfosys Technologies LtdMahindra & Mahindra LtdHindalco Industries LtdITC LtdHDFC Bank LtdHero MotoCorp Ltd.Hindustan Unilever LtdBajaj Auto LtdAxis Bank LtdSterlite Industries (India) LtdHDFC LtdJaiprakash Associates Ltd

Rank-TTM SalesReliance Communications LtdSiemens LtdReliance Infrastructure LtdJindal Steel & Power LtdACC LtdPower Grid Corporation of India LtdAmbuja Cements LtdTata Power Company LtdSesa Goa LtdHCL Technologies LtdCipla LtdDr Reddys Laboratories LtdIDFC LtdGrasim Industries LtdKotak Mahindra Bank Ltd.Ranbaxy Laboratories LtdSun Pharmaceuticals Industries LtdDLF LtdReliance Capital LtdReliance Power LtdCairn India Ltd

Page: 3

REO(%) Rank81.79 170.16 255.72 341.46 433.02 530.16 627.47 727.21 826.75 925.11 1024.15 1123.23 1222.82 1322.31 1422.22 1521.28 1619.86 1719.39 1819.00 1918.89 2017.39 2116.98 2216.88 2316.55 2416.36 2515.99 2615.81 2715.64 2814.56 2914.44 3012.93 3112.66 3212.28 3311.38 3410.67 3510.31 369.91 379.49 388.49 398.21 407.89 417.53 427.16 435.79 445.00 452.70 462.27 471.20 48(0.59) 49(1.13) 50

Company NameHindustan Unilever LtdHero MotoCorp Ltd.Bajaj Auto LtdTata Consultancy Services LtdITC LtdBharat Heavy Electricals LtdSesa Goa LtdInfosys Technologies LtdSiemens LtdMahindra & Mahindra LtdJindal Steel & Power LtdWipro LtdHCL Technologies LtdPunjab National BankSun Pharmaceuticals Industries LtdHDFC LtdMaruti Suzuki India LtdOil & Natural Gas Corpn LtdGAIL (India) LtdAxis Bank LtdDr Reddys Laboratories LtdLarsen & Toubro LtdACC LtdHDFC Bank LtdBharti Airtel LtdTata Steel LtdAmbuja Cements LtdGrasim Industries LtdCipla Ltd

Rank-ROEReliance Industries LtdKotak Mahindra Bank Ltd.Power Grid Corporation of India LtdSteel Authority of India LtdNTPC LtdState Bank of IndiaIDFC LtdICICI Bank LtdTata Motors LtdTata Power Company LtdDLF LtdJaiprakash Associates LtdHindalco Industries LtdReliance Infrastructure LtdSterlite Industries (India) LtdBharat Petroleum Corporation LtdRanbaxy Laboratories LtdReliance Capital LtdReliance Power LtdCairn India LtdReliance Communications Ltd

Page: 4

EV Rank1157227.69 1417882.98 2357317.47 3331086.90 4304865.01 5244136.82 6222779.30 7203025.98 8202486.47 9165238.18 10155315.73 11151135.14 12130270.57 1388088.51 1485129.73 1583187.06 1675420.67 1771911.61 1870797.35 1965500.55 2059337.12 2158838.59 2253124.96 2352255.97 2452065.66 2551533.98 2649049.82 2747924.05 2846323.92 2946179.95 3044613.98 3143899.87 3240226.35 3334714.91 3432218.49 3529105.00 3629089.75 3726661.50 3826481.36 3926392.38 4025734.08 4124449.76 4222947.44 4322273.17 4421848.47 4520555.72 4618760.96 4718222.81 4813586.91 498039.84 50

Company NameState Bank of IndiaICICI Bank LtdPunjab National BankHDFC Bank LtdReliance Industries LtdAxis Bank LtdOil & Natural Gas Corpn LtdHDFC LtdTata Consultancy Services LtdNTPC LtdBharti Airtel LtdITC LtdInfosys Technologies LtdLarsen & Toubro LtdPower Grid Corporation of India LtdWipro LtdKotak Mahindra Bank Ltd.Hindustan Unilever LtdBharat Heavy Electricals LtdTata Steel LtdJindal Steel & Power LtdBharat Petroleum Corporation LtdCairn India LtdGAIL (India) LtdDLF LtdIDFC LtdMahindra & Mahindra LtdSun Pharmaceuticals Industries LtdSteel Authority of India Ltd

Rank-EVReliance Communications LtdBajaj Auto LtdSterlite Industries (India) LtdHero MotoCorp Ltd.Jaiprakash Associates LtdHindalco Industries LtdHCL Technologies LtdMaruti Suzuki India LtdReliance Capital LtdDr Reddys Laboratories LtdSiemens LtdRanbaxy Laboratories LtdTata Motors LtdCipla LtdGrasim Industries LtdReliance Power LtdAmbuja Cements LtdACC LtdSesa Goa LtdReliance Infrastructure LtdTata Power Company Ltd

Page: 5

Market CAP Rank TTM Sales Rank ROE Rank EV RankReliance Industries Ltd 264603.19 1 270960.00 1 14.44 30 304865.01 5Oil & Natural Gas Corpn Ltd 227661.59 2 71744.28 4 19.39 18 222779.30 7Tata Consultancy Services Ltd 203022.53 3 31478.02 13 41.46 4 202486.47 9ITC Ltd 153215.25 4 22481.09 21 33.02 5 151135.14 12Infosys Technologies Ltd 145435.57 5 26532.00 18 27.21 8 130270.57 13Bharti Airtel Ltd 143546.63 6 38872.10 10 16.36 25 155315.73 11NTPC Ltd 138235.20 7 59581.38 5 11.38 34 165238.18 10State Bank of India 121351.68 8 87139.68 3 10.67 35 1157227.69 1HDFC Bank Ltd 108782.40 9 21486.48 22 16.55 24 331086.90 4ICICI Bank Ltd 100830.32 10 27780.03 16 9.91 37 417882.98 2HDFC Ltd 94012.79 11 13872.73 28 21.28 16 203025.98 8Wipro Ltd 83646.26 12 27670.00 17 23.23 12 83187.06 16Larsen & Toubro Ltd 82657.75 13 45610.66 7 16.98 22 88088.51 14Bharat Heavy Electricals Ltd 80264.15 14 43165.93 9 30.16 6 70797.35 19Hindustan Unilever Ltd 73551.62 15 20439.35 24 81.79 1 71911.61 18GAIL (India) Ltd 52077.32 16 34309.77 12 19.00 19 52255.97 24Cairn India Ltd 51827.24 17 1.78 50 (0.59) 49 53124.96 23Sun Pharmaceuticals Industries 47895.67 18 3243.89 46 22.22 15 47924.05 28Jindal Steel & Power Ltd 47274.01 19 9978.56 33 24.15 11 59337.12 21Mahindra & Mahindra Ltd 47258.70 20 25067.16 19 25.11 10 49049.82 27Power Grid Corporation of India 45579.64 21 8592.07 35 12.66 32 85129.73 15Bajaj Auto Ltd 44445.32 22 17496.16 25 55.72 3 44613.98 31Steel Authority of India Ltd 43637.69 23 45225.47 8 12.28 33 46323.92 29Axis Bank Ltd 41830.94 24 16710.62 26 18.89 20 244136.82 6Tata Steel Ltd 39840.95 25 30705.12 14 15.99 26 65500.55 20Hero MotoCorp Ltd. 38774.42 26 20787.87 23 70.16 2 40226.35 33Sterlite Industries (India) Ltd 38216.93 27 16293.47 27 5.79 44 43899.87 32DLF Ltd 37159.85 28 2949.93 47 8.21 40 52065.66 25Kotak Mahindra Bank Ltd. 33874.37 29 4712.53 44 12.93 31 75420.67 17Maruti Suzuki India Ltd 31288.95 30 37263.20 11 19.86 17 29089.75 37Punjab National Bank 30191.99 31 29330.09 15 22.31 14 357317.47 3Siemens Ltd 28245.58 32 11514.11 31 26.75 9 26392.38 40HCL Technologies Ltd 27772.45 33 6794.47 39 22.82 13 29105.00 36

Hindalco Industries Ltd 25171.94 34 24711.83 20 7.53 42 32218.49 35Dr Reddys Laboratories Ltd 25102.76 35 5730.26 41 17.39 21 26481.36 39Bharat Petroleum Corporation L 23420.69 36 163532.28 2 5.00 45 58838.59 22Ambuja Cements Ltd 22779.60 37 7821.94 36 15.81 27 20555.72 46Cipla Ltd 22590.18 38 6429.64 40 14.56 29 22947.44 43Ranbaxy Laboratories Ltd 21635.19 39 4660.25 45 2.70 46 25734.08 41Reliance Power Ltd 21529.34 40 48.78 49 1.20 48 21848.47 45Grasim Industries Ltd 21474.07 41 4725.41 43 15.64 28 22273.17 44ACC Ltd 20624.73 42 8633.76 34 16.88 23 18760.96 47Sesa Goa Ltd 17429.82 43 6878.25 38 27.47 7 18222.81 48IDFC Ltd 16187.30 44 4851.36 42 10.31 36 51533.98 26Jaiprakash Associates Ltd 15469.80 45 13179.95 29 7.89 41 34714.91 34Reliance Communications Ltd 14809.39 46 11787.20 30 (1.13) 50 46179.95 30Reliance Infrastructure Ltd 9988.67 47 11047.26 32 7.16 43 13586.91 49Tata Motors Ltd 9903.15 48 49522.09 6 9.49 38 24449.76 42Reliance Capital Ltd 7741.12 49 2329.31 48 2.27 47 26661.50 38Tata Power Company Ltd 2369.51 50 6971.82 37 8.49 39 8039.84 50

Overview

Name

Page: 6

Industry GroupFace Value

RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)248136.06 192091.87 141959.00 133805.78 111699.03 1463923695 44.722687.98 2193.13 1713.38 772.17 457.00 568723600 17.3740520.69 32162.20 25865.77 23204.69 20862.91 82786318 2.5326913.11 21665.67 20670.48 18357.55 16047.76 266855146 8.1524584.81 19665.72 18896.01 17194.65 14748.86 484374221 14.819615.67 15340.75 15758.67 13634.80 12163.51 407148648 12.4420286.30 16235.67 15309.32 19458.29 11943.40 3273811628 100

146073.32 128366.34 114588.22 80577.34 61315.16304865.01 380574.38 325568.80 336164.90 338484.55 Annual TTM213470.00 190861.03 188492.70 117057.02 89140.89 13.04 12.54221251.97 215864.71 149628.70 104229.10 99532.77 1.75 NA12819.56 12138.82 69043.83 23005.84 7528.13 1.07 0.9833019.27 19255.35 20268.18 20516.11 16251.34 7.52 NA

0.99 NA61.97 49.64 97.28 133.86 85.71103.54 81.74 130.29 167.20 120.268.00 7.00 13.00 13.00 11.00 June ' 11 Growth(%)

462.95 419.43 803.12 560.40 459.13 270960.00 9.18758.04 587.37 902.02 920.48 801.57 3408.00 11.66431.95 378.21 704.28 520.59 416.90 42118.00 2.28

28800.00 4.4626468.00 4.86

16.33 16.74 18.22 17.34 18.68 21096.00 3.9910.85 11.28 14.56 13.72 14.37 21096.00 3.997.91 7.99 11.10 10.19 10.89 15.54 16.59

Adjusted Cash Margin (%) 13.39 13.45 14.76 13.81 15.20 10.63 11.11ROCE (%) 9.50 8.51 8.12 16.62 13.40 7.79 8.17Dividend payout Ratio 13.66 14.97 14.49 9.80 13.75Debt/Equity 0.46 0.48 0.64 0.46 0.45 March ' 11 Growth(%)Fixed Assets Turnover Ratio 1.58 1.24 1.01 1.29 1.13 132463.00 14.48Current Ratio 1.22 1.11 1.08 1.01 0.77 1658.00 18.94Quick Ratio 1.01 0.76 0.90 0.93 0.68 21046.00 4.54Inventory Turnover Ratio 9.59 8.29 12.92 10.57 10.65 14300.00 7.76Fin. Charges Cov.Ratio 17.40 16.08 14.58 19.95 16.06 13055.00 7.12Exports of Total Sales (%) 56.64 53.46 61.22 56.80 52.40 10512.00 7.55Import of Raw Mat.(%) 91.71 95.39 95.74 93.96 94.04 10512.00 7.55

15.89 17.4010.80 11.477.94 8.45

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)29.18 35.32 6.09 19.79 17.31 81018.00 11.4822.56 28.00 121.89 68.96 42.53 1078.00 17.5629.72 37.62 5.78 22.00 18.16 11004.00 2.2725.99 24.34 11.47 11.22 14.20 7809.00 5.9124.22 4.81 12.60 14.39 10.89 7264.00 8.7925.01 4.07 9.89 16.58 10.76 5661.00 5.3027.87 (2.65) 15.58 12.10 10.03 5661.00 5.3024.95 6.05 (21.32) 62.92 11.18 13.58 14.81

9.64 10.156.99 7.40

Year High Price Low Price High P/E Low P/E2011 1090 713.55 16.91 11.072010 1187 840.55 19.15 13.562009 2490 990 50.16 19.94

In Rupees CroreIn US $ million

264603.195400.07

270960.005529.80

Net Sales

Adjusted PAT

30

Other Income

EBIDTA

EBT

Latest Result (TTM)

Latest Result (Half Yearly)

5 Year CAGRLatest Result (Quarterly)

Financial Performance (Annual)

Year End

Ratio Analysis

Rate of Growth

Enterprise ValueCapital EmployedGross BlockCapital Work‐in‐progress Investment

EPS (Rs.)

Net SalesOther IncomeEBIDTAEBITEBT

Other IncomeEBIDTAEBIT

EBIDTAM(%)

APATM(%)

NPM(%)

Enterprise Value

Ambani Group10808.35

Share Holding Information

Valuation Ratio

DiversifiedReliance Industries Ltd

1

Market Cap

Capital EmployedNo. Of Equity Share

21347032733.74

PromoterFIIMutual Funds and UTIBanks and InsuranceOther InvestorsGeneral PublicGRAND TOTALReported PAT

Net Worth

RANK in 50 Stocks 1 1

EBITM(%)

Reported PAT

EBTAdjusted PATReported PATOPM(%) GPM(%) NPM(%)

Half Year EndNet Sales

EBTAdjusted PATReported PATOPM(%)

Cash EPS (Rs.) Dividend Per Share (Rs.)Book Value (Rs.) Sales Per Share (Rs.) Free Reserves Per Share (Rs.)

Total Operating Expenses

WWW.SWASTIKBUSINESSANALYTICS.COM

P/EP/BP/SEV/EBITDADividend Yield

TTM End

TTM Sales ROE(%)304865.016221.73

5

EBIDTAEBITEBTAdjusted PATReported PATOPM(%) GPM(%)

EBIT

Adjusted PAT

GPM(%)

14.4414.44

Net SalesOther IncomeEBIDTAEBIT

Quarter EndNet SalesOther Income

52 Week High Low

Mr.Nikhil R MeswaniMr.Hital R Meswani

Executive DirectorExecutive Director

Key Executives (Top Three)

Name DesignationMr.K Sethuraman Group Co. Secretary & Chief Compl. Officer

Mr.Mukesh D Ambani

Board of Directors (Top Three)

Chairman and Managing directorName Designation

Other Information

GOLD SPONSOR

NPM(%)

NANA

NANA

Page: 7


RANK: Price


97504.43 87282.61 78735.42 70617.40 61923.93222779.30 262255.90 198817.02 192701.88 224356.17 Annual TTM115068.69 103688.25 94771.12 83100.11 77033.00 12.03 11.7680938.60 71553.78 61355.61 57463.78 52038.07 2.33 NA65354.44 56073.25 52923.19 41154.63 37794.16 3.44 3.175332.84 5772.03 5090.32 5899.50 5702.05 4.85 NA

6.58 NA22.12 78.39 75.40 78.09 73.1430.11 102.91 95.76 96.39 88.5317.50 33.00 32.00 32.00 31.00 June ' 11 Growth(%)113.97 408.07 368.11 330.16 289.51 71744.28 3.7377.34 281.70 299.24 280.83 266.09 2887.96 12.45108.01 392.88 353.81 315.74 275.84 45183.57 3.66

28232.38 2.1328206.02 2.13

69.41 68.16 57.59 56.74 56.03 18905.97 2.3559.08 59.46 50.78 50.22 50.25 19357.76 2.2928.38 27.03 24.34 26.98 29.57 62.98 63.02

Adjusted Cash Margin (%) 38.71 35.73 31.15 33.50 35.36 39.35 39.97ROCE (%) 16.45 16.17 17.02 20.10 20.31 26.35 26.71Dividend payout Ratio 45.98 49.02 49.65 47.94 48.85Debt/Equity 0.18 0.18 0.20 0.17 0.24 March ' 11 Growth(%)Fixed Assets Turnover Ratio 0.82 0.84 1.05 1.05 1.10 36912.08 14.44Current Ratio 1.36 1.39 1.45 1.56 1.40 1254.81 (4.46)Quick Ratio 1.20 1.22 1.27 1.39 1.28 22758.66 9.27Inventory Turnover Ratio 94.69 87.82 111.98 122.77 150.64 14330.01 7.63Fin. Charges Cov.Ratio 4.13 3.64 4.34 6.79 8.56 14308.57 7.50Exports of Total Sales (%) 7.12 7.61 5.36 6.31 5.25 9815.94 13.40Import of Raw Mat.(%) 23.34 20.13 17.60 17.41 20.11 9874.09 9.11

61.66 64.5838.82 41.2826.59 26.84

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)9.81 (5.86) 6.56 5.54 3.06 16401.92 1.8361.48 (26.96) 6.07 16.37 7.80 726.97 24.1513.84 (28.98) 4.70 5.46 (2.24) 10196.92 19.1511.83 11.42 8.15 6.87 7.57 6074.45 61.129.12 10.22 7.75 5.49 6.45 6070.44 61.7013.89 2.21 (4.50) 1.11 2.37 4094.90 46.7315.30 4.55 (3.87) (3.71) 2.22 4094.90 46.7312.86 3.98 (3.44) 6.77 3.88 62.17 53.13

37.03 23.4124.97 17.33

Year High Price Low Price High P/E Low P/E2011 1299.5 226.95 57.43 10.032010 1472 997.35 66.55 45.092009 1273.5 614.2 16.25 7.84

Company Secretary & Compliance OfficerNA NA

Other InformationBoard of Directors (Top Three) 52 Week High Low

Name DesignationMrs.Usha Thorat Additional DirectorProf.Deepak Nayyar Additional Director

NA NA

Mr.Arun Ramanathan Additional Director

Key Executives (Top Three)Name DesignationMr.N K Sinha GOLD SPONSOR


EBT Adjusted PATAdjusted PAT Reported PATReported PAT OPM(%)

GPM(%) NPM(%)

Net Sales Net SalesOther Income Other IncomeTotal Operating Expenses EBIDTAEBIDTA EBITEBIT EBT

EBITEBTAdjusted PATReported PATOPM(%) GPM(%)

Rate of Growth NPM(%)


Quarter End

APATM(%) OPM(%) GPM(%) NPM(%)

Latest Result (Half Yearly)Half Year End

Net SalesOther IncomeEBIDTA

EBITRatio Analysis EBT

EBIDTAM(%) Adjusted PATEBITM(%) Reported PAT

Dividend YieldEPS (Rs.) Cash EPS (Rs.) Latest Result (TTM)Dividend Per Share (Rs.) TTM EndBook Value (Rs.) Net SalesSales Per Share (Rs.) Other Income

Gross Block P/BCapital Work‐in‐progress P/SInvestment EV/EBITDA

EBIT Banks and InsuranceEBT Other InvestorsAdjusted PAT General PublicReported PAT GRAND TOTAL

Net Worth Valuation Ratio

Free Reserves Per Share (Rs.) EBIDTA

PromoterOther Income FIIEBIDTA Mutual Funds and UTI

In US $ million 4646.15 1464.17 19.39 4546.52RANK in 50 Stocks 2 4 18 7

Enterprise ValueCapital Employed P/E

Financial Performance (Annual) Share Holding Information

Year EndNet Sales

In Rupees Crore 227661.59 71744.28 19.39 222779.30

Oil & Natural Gas Corpn LtdOil Drilling And Exploration Public Sector

Capital Employed 115068.69 5

2 No. Of Equity Share 85554.90 266.1

Market Cap TTM Sales ROE(%) Enterprise Value

Page: 8


RANK: Price


19479.49 15016.62 13346.25 10904.81 8058.99202486.47 182840.48 56271.33 72690.76 113697.39 Annual TTM19620.61 15152.36 13486.62 11023.06 8109.73 26.86 25.146030.16 4871.21 4359.24 3240.64 2315.36 10.37 NA1345.37 940.72 685.13 889.74 757.85 6.93 6.455795.49 7893.39 5936.03 4509.33 3252.04 21.90 NA

1.35 NA38.62 28.62 47.92 46.07 38.3941.37 31.02 52.18 50.76 41.9014.00 20.00 14.00 14.00 11.50 June ' 11 Growth(%)100.04 77.24 137.40 112.45 82.35 31478.02 7.52149.58 117.74 228.92 189.39 152.67 715.70 44.6697.95 75.24 134.37 110.22 80.25 10051.94 8.57

9471.46 8.619451.03 8.63

31.59 29.96 27.91 28.01 29.37 8076.01 6.6829.75 27.92 26.05 25.53 27.07 8076.01 6.6825.82 24.68 24.50 23.04 24.30 31.93 31.62


32.69 30.4130.79 28.6526.93 24.63

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)27.04 2.87 20.87 24.05 14.40 8613.56 8.08101.22 1.57 40.97 91.03 40.65 257.40 18.1325.20 (0.02) 21.27 26.97 14.02 2691.46 2.8733.95 10.39 20.48 18.30 16.08 2534.20 3.0835.36 10.25 23.33 17.00 16.58 2531.84 3.0335.25 10.23 23.27 17.01 16.55 2062.43 (4.04)32.92 3.62 28.50 17.65 15.80 2062.43 (4.04)34.73 19.64 4.16 20.00 15.04 31.25 32.83

29.42 30.8523.94 26.97

Year High Price Low Price High P/E Low P/E2011 1247 902.9 30.22 21.882010 1179 692 30.53 17.922009 805 355.25 28.13 12.41

Chief Compliance OfficerMr.Suprakash Mukhopadhyay Company Secretary & Compliance Officer


Name DesignationMr.R N Tata Chairman / Chair PersonMr.Aman Mehta Director

Mr.Ajoyendra Mukherjee Global Human Resources

Mr.V Thyagarajan Director

Key Executives (Top Three)Name DesignationMr.Ravindra J Shah GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End





EPS (Rs.) Cash EPS (Rs.) Latest Result (TTM)Dividend Per Share (Rs.) TTM EndBook Value (Rs.) Net SalesSales Per Share (Rs.) Other Income

EBITEBTAdjusted PATReported PAT

Investment EV/EBITDADividend Yield

EBT Other InvestorsAdjusted PAT General PublicReported PAT GRAND TOTAL

Net Worth Valuation RatioEnterprise Value

Free Reserves Per Share (Rs.) EBIDTAEBIT

Ratio Analysis EBT

EBIT Banks and Insurance

642.41 41.46 4132.38RANK in 50 Stocks 3 13 4 9


Capital Employed P/EGross Block P/BCapital Work‐in‐progress P/S


Year EndNet Sales PromoterOther Income FIIEBIDTA Mutual Funds and UTI

In Rupees Crore 203022.53 31478.02 41.46 202486.47In US $ million 4143.32

1


Tata Consultancy Services LtdComputers ‐ Software Tata Group

Capital Employed 19620.61

Page: 9


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)21120.83 18567.45 14985.81 14032.20 12313.83 0 0647.91 496.27 422.80 479.82 300.14 1126688742 14.567846.94 6628.59 5344.82 4910.05 4303.98 1156183527 14.947190.95 6019.88 4795.41 4471.59 3941.06 1622443845 20.977112.84 5929.60 4747.76 4446.98 3925.02 2967403379 38.354825.15 3964.17 3182.63 2966.01 2661.95 865424787 11.184987.61 4061.00 3263.59 3120.10 2699.97 7738144280 100

15899.93 14009.99 13679.99 12001.55 10380.00151135.14 87759.21 79738.04 69636.69 65553.47 Annual TTM15999.13 14117.70 13857.54 12215.98 10580.88 30.70 29.1812765.82 11967.86 10558.65 8959.70 7134.31 9.60 NA1333.40 1008.99 1214.06 1126.82 1130.20 7.26 6.825554.66 5726.87 2837.75 2934.55 3067.77 19.26 NA

2.25 NA6.45 10.64 8.65 8.28 7.187.29 12.23 10.10 9.44 8.144.45 10.00 3.70 3.50 3.10 June ' 11 Growth(%)20.62 36.84 36.39 32.00 27.74 22481.09 4.7227.29 48.63 39.70 37.23 32.73 563.53 8.7519.07 34.73 34.27 29.88 25.62 8356.64 4.82

7693.88 5.167635.10 5.05

37.15 35.70 35.67 34.99 34.95 5250.02 5.2634.05 32.42 32.00 31.87 32.01 5250.02 5.2622.85 21.35 21.24 21.14 21.62 37.17 37.14


36.93 37.3734.03 34.1323.28 23.18

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)13.75 23.90 6.80 13.95 11.39 5860.18 (1.67)30.56 17.38 (11.88) 59.87 16.64 143.84 40.8011.96 23.56 4.81 15.55 10.87 2119.93 5.2118.38 24.02 8.85 14.08 12.76 1953.48 5.5519.45 25.53 7.24 13.46 12.78 1937.03 5.4619.95 24.89 6.76 13.30 12.63 1332.72 4.0021.72 24.56 7.30 11.42 12.63 1332.72 4.0022.82 24.43 4.60 15.56 13.06 36.18 33.81

33.33 31.0522.74 21.50

Year High Price Low Price High P/E Low P/E2011 211.35 150 31.15 22.112010 313.3 151.5 48.57 23.492009 271.3 155.75 25.50 14.64

Chief Financial OfficerMr.Biswa Behari Chatterjee Executive Vice President & Co. Secretary


Name DesignationMr.Yogesh Chander Deveshw Chairman / Chair PersonMr.Nakul Anand Executive Director

NA NA

Mr.Pradeep Vasant Dhobale Executive Director

Key Executives (Top Three)Name DesignationMr.Rajiv Tandon GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


458.80 33.02 3084.39RANK in 50 Stocks 4 21 5 12






1

4 No. Of Equity Share 77381.44 198

ITC LtdCigarettes MNC Associate


Page: 10


RANK: Price


24501.00 22036.00 17809.00 13490.00 11162.00130270.57 154739.26 96139.95 79740.59 107168.26 Annual TTM24501.00 22036.00 17809.00 13490.00 11162.00 22.57 21.826934.00 6357.00 5986.00 4508.00 3889.00 5.93 NA499.00 409.00 615.00 1260.00 957.00 5.73 5.481325.00 4636.00 1005.00 964.00 839.00 13.68 NA

2.37 NA112.22 101.13 101.58 78.15 66.23125.11 115.19 113.70 87.69 74.4460.00 25.00 23.50 33.25 11.50 June ' 11 Growth(%)426.85 383.90 311.35 235.84 195.14 26532.00 4.52442.13 368.40 353.75 273.57 230.20 1325.00 15.52420.79 378.08 305.80 230.74 190.30 9951.00 4.08

9200.00 4.309200.00 4.30

37.51 38.95 38.40 36.06 34.67 6666.00 3.4634.60 35.13 34.98 32.57 31.11 6666.00 3.4625.23 27.00 30.55 28.53 28.42 37.51 37.66


38.16 37.1335.34 34.1125.53 25.22

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)20.08 4.32 29.50 19.01 14.06 6905.00 3.5527.21 (0.34) 28.91 103.60 27.18 415.00 7.2423.17 3.16 25.01 19.74 13.72 2489.00 (3.75)15.67 5.80 37.93 23.76 15.87 2298.00 (4.13)18.27 4.77 39.09 24.60 16.52 2298.00 (4.13)18.29 4.77 39.08 24.60 16.52 1654.00 (4.39)12.21 (7.82) 38.66 19.48 11.37 1654.00 (4.39)11.03 (0.27) 30.18 18.16 11.24 36.05 38.78

33.28 35.9523.95 25.94

Year High Price Low Price High P/E Low P/E2011 3493.95 2169 30.09 18.682010 3454 2333 30.78 20.792009 2614.9 1101 25.86 10.89

Chief Financial OfficerMr.K Parvatheesam Company Secretary & Compliance Officer


Name DesignationMr.Ravi Venkatesan Additional DirectorMr.K V Kamath Chairman / Chair Person

Mr.Srinath Batni Head ‐ Delivery Excellence

Mr.N R Narayana Murthy Chairman Emeritus

Key Executives (Top Three)Name DesignationMr.V Balakrishnan


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


541.47 27.21 2658.58RANK in 50 Stocks 5 18 8 13






5


Infosys Technologies LtdComputers ‐ Software Not Applicable

Capital Employed 24501

GOLD SPONSOR


Page: 11


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)38015.80 35609.54 34048.32 25761.11 17851.61 2593412342 68.29154.90 148.98 235.99 266.91 101.70 667809880 17.59

13557.70 14066.60 13428.77 10926.24 7359.35 140959626 3.718946.10 9968.68 10043.67 7493.59 4868.25 180932368 4.768649.40 9685.32 9609.50 7100.16 4586.17 154875235 4.087641.80 8507.45 9287.72 6467.73 4019.38 59540645 1.577716.90 9426.15 7743.84 6244.19 4033.23 3797530096 100

44109.50 36735.05 27641.84 20239.36 11441.14155315.73 124414.52 122668.75 147841.05 164983.24 Annual TTM56007.00 41773.97 35355.49 26809.70 16751.95 18.60 19.8961437.50 44212.53 37266.70 28115.65 26509.93 3.25 NA6497.60 1594.74 2566.67 2751.08 2375.82 3.78 3.6911813.00 15773.32 11777.76 10952.85 705.82 11.46 NA

0.26 NA20.32 24.82 40.79 32.90 21.2732.46 35.61 58.63 50.99 34.411.00 1.00 2.00 0.00 0.00 June ' 11 Growth(%)

116.16 96.74 145.63 106.65 60.36 38872.10 2.25100.11 93.77 179.37 135.73 94.16 81.90 (27.46)103.84 84.64 121.78 83.18 49.88 13141.50 (1.52)

8549.70 (3.47)8360.20 (4.19)

35.66 39.50 39.44 42.41 41.23 7218.30 (6.46)23.53 27.99 29.50 29.09 27.27 7218.30 (6.46)20.10 23.89 27.28 25.11 22.52 33.81 35.10

Adjusted Cash Margin (%) 32.23 35.40 37.22 38.43 36.47 21.99 23.30ROCE (%) 13.78 22.56 21.90 23.29 24.08 18.57 20.30Dividend payout Ratio 5.70 4.71 5.73 0.00 0.00Debt/Equity 0.27 0.13 0.28 0.32 0.46 March ' 11 Growth(%)Fixed Assets Turnover Ratio 0.82 0.87 0.99 1.03 0.74 19392.20 4.13Current Ratio 0.70 0.70 0.69 0.56 0.47 43.00 (38.48)Quick Ratio 0.77 0.67 0.64 0.55 0.47 6609.40 (1.86)Inventory Turnover Ratio 1105.11 1307.05 547.83 453.06 373.35 4254.50 (7.55)Fin. Charges Cov.Ratio 45.69 49.64 30.93 27.77 26.09 4122.30 (10.45)Exports of Total Sales (%) 4.77 5.03 5.31 6.00 8.82 3685.70 (8.57)Import of Raw Mat.(%) 0.00 0.00 0.00 0.00 0.00 3685.70 (8.57)

34.08 36.1621.94 24.7119.01 21.65

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)6.76 4.59 32.17 44.31 16.32 10180.00 3.583.97 (36.87) (11.58) 162.45 8.78 19.00 (32.38)13.47 4.01 38.10 42.55 18.36 3213.80 (5.09)(3.62) 4.75 22.90 48.47 13.00 2043.10 (5.38)(10.26) (0.75) 34.03 53.93 12.94 1839.80 (11.67)(10.70) 0.79 35.34 54.82 13.53 1432.30 (22.07)(10.18) (8.40) 43.60 60.91 13.71 1432.30 (22.07)(18.13) 21.72 24.02 54.82 13.86 31.57 34.45

20.07 21.9714.07 18.70

Year High Price Low Price High P/E Low P/E2011 444.7 304.25 23.4 16.012010 376.5 254 18.53 12.502009 990 229.5 39.89 9.25

CEO (India & South Asia)Mr.Srikanth Balachander Chief Financial Officer


Name DesignationMr.Sunil Bharti Mittal Chairman and Managing directorMr.Manoj Kohli Joint Managing Director & CEO

Mr.Mukesh Bhavnani Co. Secretary & Compl. Officer

Mr.N Kumar Non Executive Director

Key Executives (Top Three)Name DesignationMr.Sanjay Kapoor GOLD SPONSOR


Adjusted PAT Reported PATReported PAT OPM(%)

GPM(%) NPM(%)




Quarter End




EBT Adjusted PAT








Ratio Analysis EBT


793.31 16.36 3169.71RANK in 50 Stocks 6 10 25 11






5


Bharti Airtel LtdTelecommunications ‐ Service Bharti Group


OPM(%) GPM(%)

Page: 12


RANK: Price


68384.12 63724.10 58994.90 54267.40 48596.80165238.18 194101.06 186173.85 178815.77 182466.38 Annual TTM111572.36 101521.10 93562.70 81458.00 73737.90 15.19 17.7672583.94 66663.80 62353.00 53368.00 50604.20 2.02 NA38441.84 32290.60 26404.90 22478.30 16962.30 2.52 2.3212344.84 14807.10 13983.50 15267.20 16094.30 10.93 NA

2.27 NA11.04 10.59 9.95 8.99 8.3314.06 13.80 12.82 11.59 10.853.80 3.80 3.60 3.50 3.20 June ' 11 Growth(%)82.94 77.28 71.55 65.81 58.94 59581.38 2.0966.63 56.25 50.91 44.98 39.58 1304.85 46.9369.08 62.75 56.25 52.34 47.38 16975.34 1.74

12979.19 2.6310991.51 4.71

27.53 32.99 33.00 39.05 39.59 7784.43 3.1022.99 27.26 27.35 33.28 33.20 7784.43 3.1014.52 17.46 17.13 19.86 20.27 28.49 28.59


30.98 31.5325.68 22.9017.21 13.90

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)18.46 10.49 13.17 13.67 10.98 14524.23 (9.11)(13.36) (13.53) 11.81 7.12 (2.14) 643.66 213.1324.62 7.98 22.96 13.76 13.48 3862.64 (19.00)(1.15) 10.45 (4.38) 12.11 3.20 3221.50 (14.93)(0.09) 10.12 (6.98) 13.92 3.12 2847.15 (12.58)(1.64) 10.64 (5.94) 18.01 3.85 2075.78 (25.38)(1.53) 12.64 (2.39) 11.35 3.81 2075.78 (25.38)4.29 6.42 10.61 8.01 5.81 26.59 29.84

22.18 23.7014.29 17.41


Chief Vigilance OfficerMr.A K Rastogi Company Secretary & Compliance Officer


Name DesignationMr.Arup Roy Choudhury Chairman and Managing directorMr.I J Kapoor Director (Commercial)

Mr.N K Sharma Executive Director

Mr.A K Singhal Director (Finance)

Key Executives (Top Three)Name DesignationMr.T Venkatesh


GOLD SPONSOR


GPM(%) NPM(%)




Quarter End




EBT Adjusted PAT








Ratio Analysis EBT


1215.95 11.38 3372.21RANK in 50 Stocks 7 5 34 10






10


NTPC LtdPower ‐ Generation/Distribution Public Sector


OPM(%) GPM(%)

Page: 13


RANK: Price


64986.04 65949.20 57947.70 49032.66 31298.561157227.69 1061999.92 909819.72 716516.50 570670.38 Annual TTM1223736.20 1053413.73 964432.08 721526.31 566565.25 14.68 17.5094395.50 61290.87 55546.17 51534.62 29076.43 1.87 NA756719.45 631914.15 542503.20 416768.20 337336.49 1.27 1.39295600.57 285790.07 275953.96 189501.27 149148.88 71.36 NA

1.57 NA130.15 144.35 143.64 105.97 71.52181.96 148.86 147.73 125.13 89.9430.00 29.99 28.99 21.38 11.60 June ' 11 Growth(%)

1023.40 1038.57 912.56 772.17 492.89 87139.68 7.061504.34 1352.90 1179.22 894.83 690.72 15668.87 (0.98)1013.40 1028.57 902.56 762.22 484.60 15123.62 4.44

26443.64 4.3713456.78 (10.01)

11.98 13.39 14.25 13.47 12.34 6933.86 (16.10)18.09 18.19 20.70 20.88 20.02 6933.86 (16.10)8.67 10.68 12.18 11.82 10.33 30.35 31.13

Fund based income(%) 87.79 88.43 89.76 89.57 89.45 7.96 10.15Fee based income(%) 12.20 11.56 10.23 10.42 10.54 11.31 11.72Yield on Fund Advances 7.92 8.01 8.55 8.45 7.36Break‐Even Yield Ratio 6.45 7.48 7.91 7.66 6.94 March ' 11 Growth(%)Cost of Funds Ratio 4.63 5.21 5.39 5.41 4.93 43134.14 12.74Borrowings within India(%) 41.26 37.51 6.84 24.75 14.65 8129.43 5.64Borrowings from outside(%) 58.73 62.48 93.15 75.24 85.34 7730.48 14.53Deposits within India(%) 94.99 95.10 95.68 95.77 96.42 12844.19 2.82Deposits Outside India(%) 5.00 4.89 4.31 4.22 3.57 6635.70 (20.23)Net Profit Per Branch 0.60 0.73 0.79 0.65 0.47 2848.94 (47.39)Deposits Per Branch 68.18 63.63 64.30 52.33 45.37 2848.94 (47.39)

29.78 32.656.60 14.1512.05 12.05

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)11.19 14.73 31.78 29.55 16.84 24197.44 11.401.33 17.54 (0.78) (10.61) 1.10 3534.23 (26.61)11.18 18.34 31.44 27.08 17.06 3717.37 (11.89)13.53 30.85 25.19 (1.85) 12.79 7242.44 19.1210.57 0.84 30.64 35.09 14.50 3085.54 60.48(8.80) 0.68 43.13 39.86 12.95 1583.55 7484.05(9.74) 0.57 35.82 48.33 12.83 1583.55 7484.05(9.84) 0.49 35.55 48.18 12.72 29.93 27.99

6.54 0.1010.56 10.69

Year High Price Low Price High P/E Low P/E2011 2959.9 1812.9 27.11 16.62010 3515 1863 27.01 14.312009 2500 894 17.32 6.19

Chief Finance OfficerMr.P Nanda Kumaran Chief General Manager (Ex‐Officio)


Name DesignationMr.Pratip Chaudhuri Chairman / Chair PersonMr.D K Mittal Director

Mrs.Soundara Kumar Chief General Manager (Ex‐Officio)

Dr.Subir Vithal Gokran Director

Key Executives (Top Three)Name DesignationMr.Diwakar Gupta GOLD SPONSOR



NPM(%) Capital Adequacy Ratio

Net Sales Net SalesOther Income Other IncomeTotal Operating Expenses Personnel Expenses Personnel Expenses EBIDTAEBIDTA EBT

Rate of Growth Capital Adequacy Ratio


Quarter End

APATM(%) OPM(%) NPM(%) Capital Adequacy Ratio


Net SalesOther IncomePersonnel Expenses

EBT Adjusted PAT

Capital Adequacy Ratio Adjusted PATEBIDTAM(%) Reported PAT


EBIDTAEBTAdjusted PATReported PAT




Free Reserves Per Share (Rs.) Personnel Expenses EBIDTA

Ratio Analysis EBT

EBITDA Banks and Insurance

1613.70 10.67 21430.14RANK in 50 Stocks 8 3 35 1


Capital Employed P/ECash & Balances with RBI P/BAdvances P/S


Year EndNet Sales PromoterOther Income FIIOperating Profit Mutual Funds and UTI


10


State Bank of IndiaFinance ‐ Banks ‐ Public Sector SBI Group


OPM(%) NPM(%)

Page: 14


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)24393.60 19958.76 19770.72 12354.41 8303.34 108643220 23.28

0.00 17.72 0.00 43.04 102.96 136452749 29.237460.57 4863.43 3928.88 3803.73 2752.83 20361911 4.367460.57 4881.15 3928.88 3846.77 2855.79 31603211 6.775820.07 4285.65 3295.67 2280.38 1640.20 127100432 27.233927.21 2944.66 2240.75 1589.48 1142.50 42609613 9.133926.40 2948.70 2244.94 1590.18 1141.45 466771136 100

25379.27 21522.49 15052.73 11497.23 6433.15331086.90 636515.25 430435.41 339607.57 291330.62 Annual TTM277352.60 222458.56 183270.77 133176.60 91235.61 27.70 25.9025100.82 15483.28 13527.21 12553.18 5182.48 4.29 NA159982.67 125830.59 98883.05 63426.90 46944.78 4.46 5.0670929.37 58607.62 58817.55 49393.54 30564.80 44.38 NA

0.71 NA16.88 12.68 9.65 6.84 4.9123.92 15.23 12.37 13.57 10.133.30 2.36 1.83 1.30 0.96 June ' 11 Growth(%)

109.10 92.52 64.71 49.43 27.66 21486.48 7.82104.87 85.80 84.99 53.11 35.70 4464.31 4.21107.10 90.56 61.16 47.90 26.28 2949.96 4.02

8010.01 3.686214.66 6.81

16.22 17.44 15.69 13.60 13.08 4199.66 6.9630.58 24.46 19.87 31.14 34.39 4199.66 6.9616.10 14.75 11.33 12.87 13.76 37.28 38.77

Fund based income(%) 84.65 85.37 87.20 85.70 84.05 19.55 19.70Fee based income(%) 15.34 14.62 12.79 14.29 15.94 16.60 16.45Yield on Fund Advances 9.42 9.61 12.27 10.98 9.23Break‐Even Yield Ratio 5.86 6.18 9.01 7.70 6.77 March ' 11 Growth(%)Cost of Funds Ratio 4.20 4.31 6.12 4.64 4.47 10698.51 15.91Borrowings within India(%) 60.43 73.04 26.74 19.80 38.40 2383.58 22.16Borrowings from outside(%) 39.56 26.95 73.25 80.19 61.59 1458.40 5.86Deposits within India(%) 99.87 99.96 99.96 100.00 100.00 4169.55 17.26Deposits Outside India(%) 0.12 0.03 0.03 0.00 0.00 3272.34 28.51Net Profit Per Branch 1.98 1.71 1.59 2.09 1.67 2202.54 27.77Deposits Per Branch 105.03 97.05 101.14 132.42 99.85 2202.54 27.77

38.97 38.5220.59 18.6817.00 17.00

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)22.22 0.95 60.03 48.79 24.05 5977.97 9.32

(100.00) 0.00 (100.00) (58.20) (100.00) 1120.03 (10.81)12.17 (4.71) 85.27 54.05 24.99 780.99 6.5023.89 2.28 71.99 67.51 29.56 2033.36 (3.03)52.84 24.24 2.13 34.70 21.17 1589.70 (4.55)35.80 30.04 44.52 39.03 28.83 1084.98 (2.67)33.37 31.41 40.97 39.12 28.01 1084.98 (2.67)33.16 31.35 41.18 39.31 28.03 34.01 38.34

18.15 20.3816.90 16.20


Executive Vice President (Legal) & Co. SecretaNA NA


Name DesignationMr.C M Vasudev Chairman / Chair PersonMr.Ashim Samanta Director

NA NA

Mrs.Renu Karnad Director

Key Executives (Top Three)Name DesignationMr.Sanjay Dongre GOLD SPONSOR







Quarter End




EBT Adjusted PAT








Ratio Analysis EBT


429.73 16.55 6621.74RANK in 50 Stocks 9 22 24 4






2


HDFC Bank LtdFinance ‐ Banks ‐ Private Sector HDFC Group


OPM(%) NPM(%)

Page: 15


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)32369.69 32747.36 38250.39 39467.92 28457.13 0 0

7.26 305.36 330.64 65.58 309.17 447033384 38.87380.82 5552.30 5407.92 5706.86 3793.56 91942002 7.987388.08 5857.66 5738.56 5772.44 4102.73 195532871 16.976719.53 5491.25 5571.13 5703.86 3979.25 357074543 30.995110.20 3890.47 3740.62 4092.13 2995.00 60546621 5.265151.38 4024.98 3758.13 4157.73 3110.22 1152129421 100

55090.93 51618.37 49533.02 46470.21 24313.26417882.98 387183.89 368277.75 412134.67 379064.70 Annual TTM406233.67 363399.72 379300.96 399795.07 344658.12 19.58 18.4820906.97 27514.29 17536.33 29377.53 18706.88 1.83 NA205082.96 170423.30 208090.41 215060.94 188614.01 3.11 3.63134685.96 120892.80 103058.31 111454.34 91257.84 56.62 NA

1.60 NA44.72 34.94 32.63 36.10 27.0050.51 38.12 34.08 36.69 28.0714.00 11.62 10.63 10.66 7.82 June ' 11 Growth(%)478.29 448.15 430.04 403.45 211.09 27780.03 6.95281.03 284.31 332.09 342.66 247.06 6610.28 (0.57)468.29 438.47 420.38 393.79 203.28 2974.20 5.58

9093.51 0.517150.63 5.77

19.54 19.41 15.53 13.97 11.69 5457.60 5.9422.82 17.89 15.00 14.63 14.42 5457.60 5.9415.79 11.88 9.78 10.37 10.52 32.73 34.83


33.55 36.3020.86 18.6620.23 20.23

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)(1.15) (14.39) (3.08) 38.69 2.61 7618.52 6.46(97.62) (7.65) 404.18 (78.79) (52.78) 1642.89 0.14(8.11) (17.20) (2.72) 36.89 0.26 732.85 (14.45)46.27 (2.33) (5.16) 28.59 11.74 2234.03 (3.08)26.13 2.08 (0.59) 40.70 12.48 1780.17 (7.35)22.37 (1.43) (2.33) 43.34 11.05 1332.20 (8.26)31.35 4.01 (8.59) 36.63 11.28 1332.20 (8.26)27.99 7.10 (9.61) 33.68 10.62 29.32 32.21

17.49 20.2919.57 19.54

Year High Price Low Price High P/E Low P/E2011 1158 813.55 24.44 17.172010 1277 773 28.56 17.292009 983.7 252.75 28.15 7.23

Group Co. Secretary & Compl. OfficerMr.Zarin Daruwala President


Name DesignationMr.K V Kamath Chairman / Chair PersonMr.Homi Khusrokhan Director

Mr.Pravir Vohra President

Mr.M S Ramachandran Director

Key Executives (Top Three)Name DesignationMr.Sandeep Batra GOLD SPONSOR







Quarter End




EBT Adjusted PAT








Ratio Analysis EBT


544.71 9.91 8193.78RANK in 50 Stocks 10 16 37 2






10


ICICI Bank LtdFinance ‐ Banks ‐ Private Sector ICICI Group


OPM(%) NPM(%)

Page: 16


RANK: Price


25.14 22.55 22.87 19.71 20.76 1074555570 73.112469.33 11005.15 10692.75 7907.19 5660.49 44124653 312450.13 10986.95 10675.29 7890.59 5643.03 165624353 11.274908.26 3924.35 3004.58 2706.06 1969.76 37399407 2.543575.61 2834.20 2068.08 1768.20 1571.79 148226717 10.083534.96 2826.49 2282.54 2436.25 1570.38 1469930700 100

17316.51 15197.66 13137.39 11947.34 5551.39203025.98 144957.75 138924.69 131699.75 113911.35 Annual TTM132726.99 111762.97 96993.47 81098.56 62744.42 26.59 25.51

547.55 524.46 493.85 488.57 493.10 5.43 NA4.57 0.00 0.00 40.40 16.02 7.31 6.78

11832.39 10727.45 10468.75 6915.01 3666.23 16.28 NA1.40 NA

24.10 98.45 80.24 85.77 62.0724.23 99.08 80.86 86.36 62.769.00 36.00 30.00 25.00 22.00 June ' 11 Growth(%)

118.05 529.34 461.85 420.63 219.42 13872.73 7.9387.62 394.91 386.52 287.86 232.23 24.99 (0.60)78.06 355.11 329.46 310.06 119.16 13450.83 8.07

13431.18 8.085075.90 4.29

97.02 97.06 97.25 96.71 96.34 3684.90 4.2496.87 96.90 97.09 96.51 96.04 3684.90 4.2427.82 25.00 18.81 21.63 26.75 96.96 96.83


97.32 97.2397.17 97.0828.67 26.34

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)13.36 3.12 34.47 39.16 16.95 3816.93 1.1311.49 (1.40) 16.03 (5.06) 3.90 4.67 (56.48)14.92 9.47 12.48 22.52 11.63 3694.92 0.1613.30 2.92 35.23 39.69 17.11 3690.46 0.1813.32 2.92 35.29 39.83 17.15 1175.53 (24.35)25.07 30.61 11.03 37.38 20.03 844.53 (26.04)26.16 37.04 16.96 12.50 17.87 844.53 (26.04)25.07 23.83 (6.31) 55.14 17.62 96.80 97.75

96.69 97.6122.13 30.26

Year High Price Low Price High P/E Low P/E2011 738.45 582.25 29.4 23.182010 3139 595.95 130.25 24.732009 2875 1116.1 29.20 11.34

Company Secretary & Compliance OfficerMr.K Suresh Kumar General Manager


Name DesignationMr.Deepak S Parekh Chairman / Chair PersonMr.Shirish B Patel Director

Ms.Sonal Modi General Manager

Mr.B S Mehta Director

Key Executives (Top Three)Name DesignationMr.Girish V Koliyote GOLD SPONSOR



GPM(%) NPM(%)




Quarter End




EBT Adjusted PAT








Ratio Analysis EBT


283.12 21.28 4143.39RANK in 50 Stocks 11 28 16 8






2


HDFC LtdFinance ‐ Housing HDFC Group


GPM(%) OPM(%)

Page: 17


RANK: Price


21320.90 17692.20 12515.00 11610.70 9320.4083187.06 79211.69 66089.35 52675.07 79728.05 Annual TTM26065.00 23222.40 17528.90 15433.10 9558.40 19.22 16.897779.30 6761.30 5743.30 2282.20 1645.90 3.92 NA603.10 991.10 1311.80 1335.00 989.50 3.18 3.02

10813.40 8966.50 6895.30 4500.10 4348.70 12.95 NA1.17 NA

17.73 33.36 20.30 20.96 19.4820.18 37.31 23.94 24.08 21.954.00 6.00 4.00 6.00 6.00 June ' 11 Growth(%)86.88 120.52 85.43 79.44 63.88 27670.00 5.05107.16 156.12 146.81 119.69 93.79 722.10 12.7484.28 116.54 81.06 0.00 0.00 6672.60 3.59

6034.50 3.315895.10 3.33

24.42 25.90 24.30 23.11 25.89 4952.70 2.2622.14 23.37 21.82 20.50 23.26 4952.70 2.2618.64 19.48 18.24 17.51 20.77 24.11 24.45


24.79 24.0822.44 21.8818.56 18.20

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)14.74 6.58 22.95 27.83 13.96 7311.30 1.8552.53 (7.26) 43.22 13.23 18.07 210.40 (0.14)17.90 4.01 21.57 32.10 14.52 1750.80 (1.77)8.21 13.56 29.30 14.09 12.63 1576.80 (2.17)8.72 14.12 30.86 12.66 12.84 1497.90 (5.22)9.67 16.90 29.59 9.24 12.66 1219.30 (8.84)9.79 13.85 28.04 7.78 11.52 1219.30 (8.84)(1.11) 64.71 (2.92) 7.78 11.25 23.95 24.83

21.57 22.4516.68 18.63

Year High Price Low Price High P/E Low P/E2011 494.95 310.2 24.53 15.372010 753 327.85 42.47 18.492009 699 195 20.95 5.85

CEO ‐ IT BusinessMr.L K Badiga Chief Information Officer


Name DesignationMr.Azim H Premji Chairman / Chair PersonDr.Henning Kagermann Director

Mr.V Suresh Chief Marketing Officer

Mr.T K Kurien Director

Key Executives (Top Three)Name DesignationMr.T K Kurien GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


564.69 23.23 1697.70RANK in 50 Stocks 12 17 12 16






2


Wipro LtdComputers ‐ Software Wipro Group


Page: 18


RANK: Price


21824.13 18288.35 12435.10 9529.18 5740.5088088.51 113252.19 74804.07 76724.42 86600.56 Annual TTM28985.24 25089.18 18991.13 13113.17 7818.25 20.88 19.388897.02 7235.78 5575.00 4188.91 2876.30 3.78 NA785.00 857.66 1040.99 699.00 471.22 1.89 1.81

14684.82 13705.35 8263.72 6922.26 3104.44 12.45 NA1.07 NA

65.01 72.66 59.45 74.35 49.5374.85 79.54 64.67 81.59 55.1814.50 12.50 10.50 17.00 13.00 June ' 11 Growth(%)358.81 304.08 212.73 326.84 203.65 45610.66 3.63717.03 612.26 578.06 853.36 622.91 1295.37 5.66347.12 294.74 205.21 319.09 197.15 7006.27 2.77

6353.35 2.175687.06 2.09

16.21 16.43 14.45 14.90 14.12 3704.96 2.2114.84 15.31 13.54 14.05 13.21 4264.64 1.917.84 8.33 7.79 8.10 7.92 15.36 15.49


15.66 15.2314.30 13.868.45 7.90

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)18.41 8.90 35.72 41.38 19.86 9482.61 (38.36)23.03 30.15 56.95 4.04 21.20 296.18 (19.91)18.85 6.97 36.89 39.04 19.33 1422.65 (47.52)16.83 23.87 31.60 49.15 23.22 1254.80 (49.30)14.79 23.09 30.82 50.32 22.68 1093.54 (53.24)13.57 21.85 27.04 50.14 21.42 746.15 (48.87)11.38 16.39 30.57 44.53 19.59 746.15 (61.00)(9.54) 25.67 60.19 54.91 23.05 15.00 17.62

13.23 16.097.87 9.49


Company Secretary & Compliance OfficerMr.S N Subrahmanyan Sr. Vice President


Name DesignationMr.Y M Deosthalee CFO & Wholetime DirectorMr.A M Naik Chairman and Managing director

Mr.R Shankar Raman Sr. Vice President

Mr.T Thomas Mathew Nominee Director

Key Executives (Top Three)Name DesignationMr.N Hariharan


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


930.83 16.98 1797.72RANK in 50 Stocks 13 7 22 14






2


Larsen & Toubro LtdDiversified L & T Group


GOLD SPONSOR


Page: 19


RANK: Price


20153.84 15917.36 12938.81 10774.21 8788.2670797.35 106721.05 82843.50 82647.08 45998.21 Annual TTM20317.19 16045.11 13088.18 10869.39 8877.59 13.35 13.038049.30 6579.70 5224.43 4443.03 4134.61 3.98 NA1762.62 1550.49 1212.70 658.47 306.58 1.91 1.86439.17 79.84 52.34 8.29 8.29 7.48 NA

1.90 NA122.80 88.06 64.11 58.41 98.66132.51 97.41 70.94 64.48 108.6531.15 23.30 17.00 15.25 24.50 June ' 11 Growth(%)411.71 325.16 264.32 220.10 359.06 43165.93 1.58858.45 678.75 543.68 399.19 709.38 727.01 13.27401.65 315.11 254.23 209.99 348.80 9837.93 2.43

9249.79 2.099190.09 2.05

22.53 21.36 19.43 24.64 23.31 6077.61 2.4921.39 19.98 18.18 23.12 21.91 6159.06 2.4613.92 12.88 11.30 14.93 14.10 22.79 22.60


24.38 19.3723.35 17.6415.05 11.97

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)26.47 24.84 36.20 12.55 19.34 7271.46 (60.44)(15.41) 11.28 (7.38) 112.46 13.12 248.65 52.1422.98 21.39 42.03 14.31 19.37 1361.88 (69.44)33.37 37.24 7.40 18.95 18.52 1190.97 (72.42)35.41 37.26 7.07 18.78 18.77 1182.17 (72.43)35.27 37.44 7.23 19.21 18.90 815.51 (70.02)36.64 42.31 3.08 19.12 19.01 815.51 (70.85)39.45 37.36 9.75 18.41 20.01 18.73 24.25

16.38 23.5011.22 14.80

Year High Price Low Price High P/E Low P/E2011 2352 1602.2 18.69 12.732010 2695 2060 21.95 16.782009 2550 1250 28.96 14.19



Name DesignationMr.B Prasada Rao Chairman and Managing directorMr.M A Pathan Director

NA NA

Mrs.Reva Nayyar Director

Key Executives (Top Three)Name DesignationMr.I P Singh


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


880.94 30.16 1444.84RANK in 50 Stocks 14 9 6 19






10


Bharat Heavy Electricals LtdEngineering ‐ Heavy Public Sector


GOLD SPONSOR


Page: 20


RANK: Price

March ' 11 March ' 10 March ' 09 December ' 07 December ' 06 Shares (%)19689.91 17769.12 20504.28 13880.56 12244.02 1134849460 52.52254.81 144.36 174.94 180.42 166.53 396551416 18.352919.30 2942.06 3139.89 2256.84 1972.21 62253097 2.882698.47 2758.03 2944.59 2118.48 1842.05 192480911 8.912698.23 2751.05 2919.26 2092.99 1831.32 60852984 2.822124.36 2102.69 2346.32 1675.85 1509.52 313695692 14.522305.97 2202.03 2500.71 1769.06 1855.37 2160683560 100

2633.25 2582.85 2060.84 1438.57 2722.8271911.61 56882.44 54961.70 47465.24 43393.96 Annual TTM2633.25 2582.85 2482.79 1527.10 2795.42 31.89 28.943759.62 3581.96 2881.73 2669.08 2462.69 27.92 NA299.08 273.96 472.07 185.64 110.26 3.74 3.601260.68 1264.08 332.62 1440.81 2522.22 24.63 NA

1.91 NA10.68 10.09 11.47 8.12 8.4111.70 10.94 12.37 8.76 9.006.50 6.50 7.50 9.00 6.00 June ' 11 Growth(%)12.20 11.84 9.46 6.61 12.34 20439.35 3.5791.18 81.45 94.06 63.75 55.48 260.42 3.3611.04 10.70 8.30 5.45 11.20 3034.06 2.81

2810.53 2.932810.36 2.94

14.83 16.56 15.31 16.26 16.11 2153.86 2.6113.70 15.52 14.36 15.26 15.04 2541.29 5.5310.79 11.83 11.44 12.07 12.33 14.84 14.95


14.90 15.0113.79 13.8810.49 10.79

March ' 11 March ' 10 March ' 09 December ' 07 June ' 11 Growth(%)10.81 (13.34) 47.72 13.37 9.97 5580.36 12.3676.51 (17.48) (3.04) 8.34 8.88 50.60 (9.61)13.72 (14.64) 48.59 13.08 10.28 805.87 14.72(0.77) (6.30) 39.13 14.43 8.16 749.67 15.90(2.16) (6.34) 39.00 15.01 7.94 749.65 15.90(1.92) (5.76) 39.48 14.29 8.06 569.41 17.271.03 (10.38) 40.01 11.02 7.07 684.91 4.934.72 (11.94) 41.36 (4.65) 4.44 14.44 14.14

13.43 13.0210.20 9.78

Year High Price Low Price High P/E Low P/E2011 354 264.5 30.08 22.482010 320.7 218.1 30.03 20.422009 306 210.7 30.33 20.88



Name DesignationMr.Harish Manwani Chairman / Chair PersonMr.Gopal Vittal Executive Director

NA NA

Mr.Pradeep Banerjee Executive Director

Key Executives (Top Three)Name DesignationMr.Dev Bajpai


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


417.13 81.79 1467.58RANK in 50 Stocks 15 24 1 18






1


Hindustan Unilever LtdPersonal Care MNC Associate


GOLD SPONSOR


Page: 21


RANK: Price


19253.34 16799.00 14769.63 13004.88 11392.9152255.97 54577.44 36930.41 27236.35 32668.44 Annual TTM21563.34 18279.38 15969.76 14270.75 12730.76 14.63 14.2322144.38 21037.67 17603.98 16957.86 14932.56 2.70 NA5879.17 2640.51 2426.33 816.66 1936.94 1.60 1.522035.74 1763.01 1737.27 1490.88 1463.84 8.66 NA

1.83 NA28.07 24.75 22.10 30.76 28.2233.20 29.18 26.52 37.52 35.037.50 7.50 7.00 10.00 10.00 June ' 11 Growth(%)

151.78 132.43 116.44 153.79 134.72 34309.77 5.45255.89 197.02 187.51 213.00 189.64 457.60 3.83140.21 120.92 104.90 141.86 123.18 6112.67 2.34

5444.17 2.285361.06 2.31

18.59 20.94 20.68 25.04 22.04 3658.92 2.7516.58 18.69 18.33 21.87 18.45 3658.92 2.7510.98 12.59 12.01 14.39 12.71 17.82 18.36

Adjusted Cash Margin (%) 12.98 14.84 14.37 17.56 16.30 15.87 16.36ROCE (%) 16.51 17.18 17.56 18.23 18.75 10.66 10.95Dividend payout Ratio 31.07 35.36 37.05 38.03 40.61Debt/Equity 0.11 0.08 0.08 0.09 0.11 March ' 11 Growth(%)Fixed Assets Turnover Ratio 1.48 1.20 1.36 1.07 1.08 17292.55 13.44Current Ratio 1.12 1.16 1.29 1.40 1.32 243.07 22.99Quick Ratio 1.04 1.09 1.21 1.31 1.21 2863.90 (7.89)Inventory Turnover Ratio 75.77 97.51 101.36 79.18 80.80 2536.16 (8.99)Fin. Charges Cov.Ratio 43.12 61.43 48.66 47.85 33.00 2485.58 (9.76)Exports of Total Sales (%) 0.01 0.02 0.02 0.03 0.17 1750.70 (3.30)Import of Raw Mat.(%) 0.00 0.00 0.00 0.00 0.00 1750.70 (3.30)

16.56 20.4014.67 18.2810.12 11.88

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)29.88 5.07 32.04 12.32 15.14 8889.00 (0.22)(6.85) (32.04) 43.41 1.88 (1.55) 64.65 23.1932.66 3.24 39.87 7.74 15.60 1641.87 22.5115.29 6.38 9.06 27.63 11.29 1463.70 24.7815.24 7.16 10.65 33.15 12.71 1442.91 26.7014.33 7.70 10.73 34.84 12.95 984.67 25.7413.24 10.13 10.26 27.13 11.82 984.67 25.7413.42 11.99 7.77 9.00 8.33 18.47 15.04

16.47 13.1711.08 8.79


Company SecretaryNA NA


Name DesignationMr.B C Tripathi Chairman and Managing directorMr.S Venkatraman Director

NA NA

Mr.Sudhir Bhargava Director

Key Executives (Top Three)Name DesignationMr.N K Nagpal


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


700.20 19.00 1066.45RANK in 50 Stocks 16 12 19 24






10


GAIL (India) LtdOil Drilling And Exploration Public Sector


GOLD SPONSOR


Page: 22


RANK: Price

March ' 11 March ' 10 March ' 09 December ' 07 December ' 06 Shares (%)2.39 3.20 3.73 1.27 0.00 1183243791 62.292.21 148.74 154.17 29.93 5.91 283293924 14.89(26.45) (18.45) 11.22 (49.51) (29.05) 66026006 3.47(26.48) (18.50) (9.66) (49.51) (29.05) 212972832 11.2(213.17) (84.78) (10.01) (49.53) (29.22) 794939419 41.79(213.17) (89.18) (67.84) (81.58) (29.22) 88943930 4.68(212.67) (68.95) 54.24 (78.82) (29.22) 1902234029 100

31814.56 31936.74 31990.80 29373.48 29272.3853124.96 59771.37 42094.89 38292.60 26781.06 Annual TTM33164.56 33281.74 31990.80 29373.48 29292.85 NA NA

2.59 0.11 0.06 0.00 0.00 1.63 NA21.88 24.21 54.03 0.00 0.00 27250.00 29116.43

32568.25 33129.09 29225.40 29413.73 26681.87 NA NA0.00 NA

(1.12) (0.36) 0.28 (0.44) (0.16)(1.12) (0.36) 0.39 (0.44) (0.16)0.00 0.00 0.00 0.00 0.00 June ' 11 Growth(%)

167.28 168.36 168.67 165.17 165.82 1.78 (25.52)0.01 0.01 0.01 0.01 0.00 103.80 9.39

156.97 158.11 158.46 154.64 155.62 (8.81) (66.05)(8.84) (65.97)

(186.14) (12.47)(1106.69) (576.56) 300.80 (3898.43) NA (186.21) (12.44)(1107.95) (578.13) (258.98) (3898.43) NA (186.21) (12.44)(8919.25) (2786.88) (1818.77) (6423.62) NA (494.94) (1085.77)

Adjusted Cash Margin (%) (8917.99) (2785.31) (1258.98) (6423.62) NA (496.63) (1087.03)ROCE (%) (0.64) (0.21) 0.17 (0.27) (0.10) (10461.24) (8898.33)Dividend payout Ratio 0.00 0.00 0.00 0.00 0.00Debt/Equity 0.04 0.04 0.00 0.00 0.00 March ' 11 Growth(%)Fixed Assets Turnover Ratio 0.96 1001.25 0.00 0.00 0.00 0.53 (71.51)Current Ratio 4.38 1.85 20.48 0.15 1.77 51.27 23.72Quick Ratio 4.37 1.84 20.48 0.15 1.78 (23.51) 863.52Inventory Turnover Ratio 0.83 3.26 0.00 0.00 0.00 (23.52) 856.10Fin. Charges Cov.Ratio (0.14) (0.27) 32.55 (2371.18) (169.46) (93.88) (20.97)Exports of Total Sales (%) 100.00 100.02 100.66 99.99 0.00 (93.88) (20.97)Import of Raw Mat.(%) 0.00 0.00 0.00 0.00 0.00 (93.88) (20.97)

(4435.85) (131.18)(4437.74) (132.26)(17713.21) (6386.56)

March ' 11 March ' 10 March ' 09 December ' 07 June ' 11 Growth(%)(25.31) (14.21) 193.70 0.00 0.00 0.55 189.47(38.01) (3.52) 415.10 406.43 73.24 27.29 0.00(28.96) 16.16 81.74 130.86 28.20 12.49 (244.90)(43.36) (264.44) 122.66 (70.43) (1.86) 12.48 (244.44)(43.14) (91.51) 80.49 (70.43) (1.84) (16.24) (39.67)(151.44) (746.95) 79.79 (69.51) 48.80 (16.31) (39.41)(139.03) (31.46) 16.84 (179.19) 48.80 (16.31) (39.41)(208.44) (227.12) 168.82 (169.75) 48.73 2270.91 (4536.84)

2269.09 (4547.37)(2965.45) (14168.42)

Year High Price Low Price High P/E Low P/E2011 372 250 NA NA2010 368 248 NA NA2009 301.45 142.5 NA NA

Co. Secretary & Compl. OfficerMr.Rahul Dhir Managing Director & CEO


Name DesignationMr.William B B Gammell Chairman / Chair PersonDr.Omkar Goswami Director

NA NA

Mr.Jann Brown Director

Key Executives (Top Three)Name DesignationMs.Neerja Sharma


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


0.04 (0.59) 1084.18RANK in 50 Stocks 17 50 49 23





In Rupees Crore 51827.24 1.78 (0.59) 53124.96In US $ million 1057.70

10


Cairn India LtdOil Drilling And Exploration Not Applicable


GOLD SPONSOR


Page: 23


RANK: Price


6680.53 5717.98 5151.42 4207.62 2448.1247924.05 28861.32 25208.20 24366.39 20665.86 Annual TTM6731.06 5747.47 5175.02 4310.14 3517.64 34.62 32.271268.76 1159.76 1061.90 935.03 838.70 7.17 NA228.06 92.15 75.95 33.43 31.91 24.77 14.763601.42 3951.69 2694.59 1843.57 1057.49 32.42 NA

0.76 NA13.36 43.39 61.09 48.96 32.5213.98 46.74 63.93 51.67 34.913.50 13.75 13.75 10.50 6.75 June ' 11 Growth(%)64.51 276.07 248.72 203.15 126.65 3243.89 3.3218.67 89.08 133.97 114.36 85.96 76.54 7.6763.11 269.08 241.72 196.16 119.51 1474.35 5.89

1410.35 6.191560.75 7.35

76.47 56.90 47.96 46.44 38.41 1484.29 7.2773.15 53.14 45.84 44.07 35.63 1484.29 7.2769.48 50.37 44.65 42.24 34.40 45.45 44.35


44.49 44.2042.33 42.2745.48 42.66

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)4.79 (33.50) 17.15 42.46 3.06 862.96 6.2466.03 (36.12) 38.67 30.01 13.84 38.47 136.5911.73 (40.84) 24.14 26.37 0.73 425.87 16.4240.82 (21.10) 20.99 72.22 18.28 408.28 16.6544.25 (22.91) 21.85 76.20 19.01 449.47 15.6044.25 (22.78) 22.18 77.99 19.36 423.20 13.5544.53 (24.98) 23.83 74.94 18.62 423.20 13.5553.99 (28.98) 24.78 61.23 17.08 49.35 45.03

47.31 43.0949.04 45.88


Co. Secretary & Compl. OfficerNA NA


Name DesignationMr.S Kalyansundaram CFO & Wholetime DirectorMr.Dilip S Shanghvi Chairman and Managing director

NA NA

Mr.S Mohanchand Dadha Director

Key Executives (Top Three)Name DesignationMr.Sunil Ajmera


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


66.20 22.22 978.04RANK in 50 Stocks 18 46 15 28






1


Sun Pharmaceuticals Industries LtdPharmaceuticals Not Applicable


GOLD SPONSOR


Page: 24


RANK: Price


8689.34 6746.00 5415.32 3756.38 2496.7359337.12 70154.77 36883.38 136440.92 32078.22 Annual TTM20804.01 15129.26 10377.97 7619.73 6004.45 22.91 22.5312787.35 8814.21 7362.90 5918.94 4929.03 5.44 NA7077.87 7225.21 2318.01 660.48 937.84 4.95 4.741210.01 1067.11 1233.40 1036.19 709.82 15.03 NA

0.30 NA22.09 15.89 99.35 80.34 228.3029.45 21.39 127.36 109.69 337.661.50 1.25 5.50 4.00 18.00 June ' 11 Growth(%)93.00 72.44 350.05 243.92 810.63 9978.56 4.23102.15 78.90 496.46 348.67 1144.14 154.16 7.2787.46 67.83 327.99 230.73 773.29 3978.69 4.81

3231.80 3.972818.48 2.37

41.37 37.58 36.95 43.84 41.04 2098.59 1.6734.17 30.61 31.31 35.42 31.48 2098.59 1.6721.88 20.27 21.76 25.95 19.70 39.87 39.65


41.47 37.5434.16 30.5022.32 20.67

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)29.89 (4.30) 43.03 52.37 22.06 2526.53 (7.86)29.94 2.96 248.04 58.84 49.21 16.65 (86.49)22.33 (4.92) 64.05 45.38 22.64 980.07 (17.80)43.01 (2.70) 20.57 62.75 22.25 773.48 (22.49)45.00 (6.46) 26.44 71.43 24.07 641.01 (28.12)44.88 (10.26) 28.81 77.19 24.30 470.16 (27.48)40.24 (10.87) 19.95 100.67 24.65 470.16 (27.48)39.50 (3.70) 24.21 75.96 24.04 38.79 43.48

30.61 36.3918.61 23.64

Year High Price Low Price High P/E Low P/E2011 735 451.1 32.72 20.082010 755.25 572.7 34.19 25.932009 3622.9 545.1 228.00 34.30

Co. Secretary & Compl. OfficerMr.V R Sharma Dy. MD & CEO (Steel Business)


Name DesignationMr.Naveen Jindal Chairman and Managing directorMr.R V Shahi Director

Mr.D K Saraogi Executive President JSIS, Oma

Mr.Arun K Purwar Director

Key Executives (Top Three)Name DesignationMr.T K Sadhu


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


203.64 24.15 1210.96RANK in 50 Stocks 19 33 11 21






1


Jindal Steel & Power LtdSteel ‐ Sponge Iron Jindal O P Group


GOLD SPONSOR


Page: 25


RANK: Price


10302.21 7818.56 5231.88 4337.60 3540.0449049.82 48883.49 20994.74 14901.85 19435.87 Annual TTM12707.50 10698.71 9284.64 6924.66 5176.04 17.75 17.475849.27 4866.18 4653.66 3552.64 3180.57 4.58 NA1364.31 1374.31 886.96 649.94 329.72 2.01 1.899325.29 6398.02 5786.41 4215.06 2237.46 12.77 NA

1.43 NA45.33 36.89 30.69 46.15 44.8852.38 43.44 41.39 56.16 53.7011.50 9.50 10.00 11.50 11.50 June ' 11 Growth(%)175.62 138.37 192.35 181.96 149.26 25067.16 6.70399.79 327.20 479.84 473.09 416.81 313.91 1.42165.14 120.24 170.32 168.36 135.66 3891.85 3.35

3465.73 3.403495.32 2.74

16.36 18.01 12.16 13.45 15.53 2587.11 1.6714.60 16.01 9.93 11.34 13.42 2704.59 1.6010.64 11.06 7.38 7.88 9.69 15.53 16.03

Adjusted Cash Margin (%) 12.40 13.06 9.61 10.00 11.80 13.83 14.27ROCE (%) 20.95 19.51 9.01 15.93 20.64 10.32 10.83Dividend payout Ratio 30.15 29.87 37.29 29.10 30.39Debt/Equity 0.23 0.36 0.77 0.59 0.46 March ' 11 Growth(%)Fixed Assets Turnover Ratio 4.08 3.85 2.84 3.22 3.14 12899.26 21.75Current Ratio 0.86 1.11 0.90 0.86 1.31 89.27 (59.47)Quick Ratio 0.60 0.86 0.83 0.74 1.01 1874.90 (0.84)Inventory Turnover Ratio 15.64 17.91 14.56 12.49 13.42 1655.66 (2.39)Fin. Charges Cov.Ratio 54.20 21.26 11.86 17.37 77.85 1674.20 (3.11)Exports of Total Sales (%) 4.68 4.11 5.28 7.81 7.18 1223.74 (7.35)Import of Raw Mat.(%) 1.79 1.51 1.39 1.59 1.97 1341.22 1.54

14.53 17.8512.84 16.019.49 12.47

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)26.79 41.55 15.66 14.00 18.80 6733.54 (0.66)25.59 3.93 (15.95) (10.08) (0.27) 24.87 (47.53)29.27 31.39 16.19 15.57 17.93 922.21 1.4215.17 109.67 4.52 (1.26) 20.04 812.33 2.5415.61 128.17 1.29 (3.66) 20.82 814.33 0.7819.55 140.98 (2.51) (8.88) 20.67 604.88 (0.27)21.98 112.20 8.27 (7.26) 21.05 604.88 (0.27)27.51 149.50 (24.16) 3.27 20.03 13.70 13.41

12.06 11.698.98 8.95

Year High Price Low Price High P/E Low P/E2011 819.2 585.1 17.79 12.72010 1196.7 491 26.40 10.832009 1098.7 258.8 29.78 7.02

CEO Real Estate SectorMr.Rajan Wadhera Chief Executive


Name DesignationMr.Keshub Mahindra Chairman / Chair PersonMr.Deepak S Parekh Director

Mr.Rajesh Jejurikar Chief Executive ‐ Automotive Division

Mr.A K Nanda Director

Key Executives (Top Three)Name DesignationMr.Anita Arjundas


GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


511.57 25.11 1001.02RANK in 50 Stocks 20 19 10 27






5


Mahindra & Mahindra LtdAuto ‐ Cars & Jeeps M & M Group


GOLD SPONSOR


Page: 26


RANK: Price


21367.00 15793.92 13533.98 13754.17 10964.8885129.73 75973.83 67998.69 64117.23 65935.22 Annual TTM64597.15 50210.71 41999.41 36017.65 30290.38 16.89 16.8950351.78 43186.09 40319.33 35417.14 29004.09 2.13 NA26624.59 20438.37 13286.00 8758.09 9450.93 5.43 5.301365.05 1453.22 1592.83 1736.22 1967.00 10.96 NA

1.02 NA5.83 4.85 4.02 3.44 3.2510.58 9.56 6.62 5.73 5.451.00 1.50 1.20 1.20 1.00 June ' 11 Growth(%)46.15 37.53 32.16 32.68 28.95 8592.07 2.4218.12 16.93 15.63 10.96 9.48 703.77 (1.03)(0.01) 21.58 17.39 18.78 15.21 7919.47 2.02

5643.44 1.453869.83 1.06

92.56 88.30 100.31 102.09 93.23 2705.82 0.1766.32 60.50 83.65 81.18 69.95 2699.00 0.0832.26 29.89 29.28 35.15 30.36 92.17 92.53

Adjusted Cash Margin (%) 58.50 57.69 45.94 56.06 53.64 65.68 66.32ROCE (%) 4.17 4.06 4.03 4.02 4.06 31.49 32.20Dividend payout Ratio 34.94 36.11 34.95 40.79 34.82Debt/Equity 2.02 2.18 2.10 1.62 1.77 March ' 11 Growth(%)Fixed Assets Turnover Ratio 0.16 0.16 0.16 0.13 0.12 4262.95 3.33Current Ratio 0.94 0.65 0.59 0.67 0.48 464.19 88.00Quick Ratio 0.91 0.68 0.60 0.70 0.51 4089.01 11.31Inventory Turnover Ratio 21.99 20.67 0.00 0.00 19.50 2935.13 11.69Fin. Charges Cov.Ratio 4.48 3.97 2.06 2.56 2.86 1969.90 5.95Exports of Total Sales (%) 0.23 0.03 0.01 0.05 0.01 1344.38 (0.92)Import of Raw Mat.(%) 0.00 0.00 0.00 0.00 9.77 1342.31 (0.91)

95.92 89.0468.85 63.7031.54 32.89

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)17.70 8.32 42.58 28.55 18.50 2202.49 (0.38)43.58 (1.43) 7.15 30.63 14.65 143.24 (61.40)0.47 175.71 29.51 (38.15) 17.28 1988.71 (10.74)23.37 (4.65) 40.09 40.77 18.33 1409.68 (14.44)29.01 (21.66) 46.92 49.19 17.24 965.09 (14.24)40.47 18.29 21.01 42.17 23.38 706.54 (5.61)27.00 10.58 18.78 48.84 19.95 705.29 (6.10)32.14 20.72 16.72 17.82 17.01 90.29 100.78

64.00 74.5332.08 33.86

Year High Price Low Price High P/E Low P/E2011 112.35 93.6 19.27 16.062010 121.25 91.8 20.80 15.752009 128.35 71.05 26.46 14.65

Chief Vigilance OfficerMs.Divya Tandon Company Secretary & Compliance Officer


Name DesignationMr.R N Nayak Chairman and Managing directorMrs.Rita Acharya Director

NA NA

Mr.R T Agarwal Director (Finance)

Key Executives (Top Three)Name DesignationMr.Parvez Hyatt GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


175.35 12.66 1737.34RANK in 50 Stocks 21 35 32 15






10


Power Grid Corporation of India LtdPower ‐ Transmission/Equipment Public Sector


Page: 27


RANK: Price


4910.22 2928.34 1869.69 1587.59 5534.3244613.98 33606.60 17189.22 10218.74 1543.34 Annual TTM5235.37 4266.92 3439.69 2921.93 7159.75 13.31 10.623395.16 3379.25 3350.20 2994.68 3178.54 9.05 NA149.34 120.84 106.48 34.74 107.62 2.70 2.544795.20 4021.52 1808.52 1857.14 6447.53 12.19 NA

2.60 NA115.42 117.69 45.37 52.25 122.35119.66 127.12 54.34 64.35 141.1940.00 40.00 22.00 20.00 40.00 June ' 11 Growth(%)169.69 202.40 129.23 109.73 546.98 17496.16 5.34568.54 816.49 601.32 610.10 931.01 357.23 (2.35)158.97 190.09 106.56 99.73 535.16 3876.06 3.34

3754.40 3.493753.11 3.50

22.25 22.47 14.46 15.13 17.91 2736.09 4.6221.50 21.31 12.97 13.15 15.89 4185.19 2.9715.35 15.25 9.26 8.80 10.63 22.15 22.58

Adjusted Cash Margin (%) 16.10 16.41 10.75 10.78 12.65 21.46 21.84ROCE (%) 63.79 39.91 19.09 25.87 17.29 15.64 15.75Dividend payout Ratio 40.27 39.63 56.72 44.78 38.24Debt/Equity 0.06 0.45 0.83 0.84 0.29 March ' 11 Growth(%)Fixed Assets Turnover Ratio 4.85 3.50 2.60 2.95 2.96 8377.05 1.76Current Ratio 0.79 0.69 0.84 0.88 0.84 200.43 21.19Quick Ratio 0.70 0.55 0.73 0.64 0.75 1911.25 3.90Inventory Turnover Ratio 32.80 28.87 28.64 29.33 36.88 1747.91 (1.68)Fin. Charges Cov.Ratio 2166.08 443.88 59.89 258.84 315.98 1747.50 (1.63)Exports of Total Sales (%) 27.74 27.67 30.82 23.53 18.36 1240.68 (2.48)Import of Raw Mat.(%) 4.06 3.59 2.35 2.37 5.56 2067.50 62.51

22.82 22.3520.87 21.6014.81 15.45

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)39.27 35.78 (1.44) (6.30) 11.80 4777.29 13.75170.09 (7.80) (34.54) (30.04) 2.66 73.09 (27.61)41.78 22.41 (1.76) (4.31) 10.28 983.93 2.2337.91 110.95 (5.79) (20.85) 16.75 953.29 2.2440.50 123.12 (2.76) (22.46) 18.77 953.06 2.2240.77 126.82 (4.14) (22.53) 18.85 711.06 5.2140.14 123.59 3.77 (22.44) 20.32 711.06 (66.54)96.14 159.37 (13.16) (38.94) 21.96 20.60 22.92

19.95 22.2014.88 16.09


Chief Operating OfficerMr.Abraham Joseph Chief Technology Officer


Name DesignationMr.Rahul Bajaj Chairman / Chair PersonMr.Manish Kejriwal Director

Mr.J Sridhar Company Secretary & Compliance Officer

Mr.P Murari Director

Key Executives (Top Three)Name DesignationMr.Pradeep Shrivastava GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


357.06 55.72 910.49RANK in 50 Stocks 22 25 3 31






10


Bajaj Auto LtdAuto ‐ 2 & 3 Wheelers Bajaj Group


Page: 28


RANK: Price


37069.47 33316.70 27984.10 23063.57 17313.1546323.92 82029.14 54074.95 60318.37 72057.01 Annual TTM57234.96 49827.95 35522.89 26108.81 21493.67 8.90 9.5638263.20 35382.49 32728.69 30922.73 29912.71 1.18 NA22225.83 15039.83 6544.24 2389.55 1236.04 1.02 0.96684.14 668.83 652.70 538.20 513.79 5.12 NA

2.27 NA11.87 16.35 14.95 18.25 15.0215.47 19.62 18.37 21.42 18.262.40 3.30 2.60 3.70 3.10 June ' 11 Growth(%)89.75 80.66 67.75 55.84 41.92 45225.47 4.13103.14 98.29 106.04 96.74 83.11 1517.48 5.330.00 69.93 57.16 45.02 30.72 8700.45 (4.97)

7191.00 (6.24)6674.74 (7.22)

21.25 28.43 25.62 32.05 32.04 4551.38 (6.92)17.76 25.11 22.39 28.77 28.14 4566.15 (6.90)11.24 15.62 14.32 18.29 17.69 19.24 21.08


20.51 21.5617.25 17.9511.11 11.32

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)4.94 (7.31) 9.61 16.40 4.41 10926.00 (10.30)(5.50) 2.12 48.07 13.63 10.18 463.04 13.5013.92 (9.97) 21.49 16.23 7.69 1774.45 (36.38)(21.59) 2.87 (12.38) 16.43 (3.82) 1400.29 (41.70)(25.80) 3.95 (14.68) 19.01 (4.77) 1229.34 (44.75)(27.60) 2.50 (15.03) 20.56 (5.34) 838.06 (45.04)(24.51) 1.12 (14.22) 20.36 (4.65) 838.06 (45.25)(27.38) 9.39 (18.07) 21.52 (4.59) 16.24 22.90

12.82 19.727.67 12.52

Year High Price Low Price High P/E Low P/E2011 189.5 101.1 17.14 9.152010 258.55 167.35 21.78 14.102009 243.6 70 14.90 4.28

Chief Executive Officer ‐ Bhilai Steel PlantMr.S S Mohanty Chief Executive Officer ‐ Bokaro Steel Plant


Name DesignationMr.C S Verma Chairman / Chair PersonMr.S Mukherjee Director (Commercial)

Mr.P K Bajaj Chief Executive Officer ‐ Durgapur Steel Plant

Mr.Anil Kumar Chaudhary Director (Finance)

Key Executives (Top Three)Name DesignationMr.Pankaj Gautam GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


922.97 12.28 945.39RANK in 50 Stocks 23 8 33 29






10


Steel Authority of India LtdSteel Public Sector


Page: 29


RANK: Price


18998.83 16044.61 10214.80 8770.69 3402.21244136.82 201565.47 146569.16 117881.96 82988.75 Annual TTM242713.37 180647.84 147722.06 109577.85 73257.21 12.34 11.6613886.16 9473.88 9419.21 7305.66 4661.03 2.20 NA142407.83 104343.12 81556.77 59661.14 36876.48 2.16 2.5071991.62 55974.82 46330.35 33705.10 26897.16 46.00 NA

1.60 NA82.54 61.25 44.22 26.09 16.0595.07 64.49 51.23 31.63 18.5316.33 13.82 10.24 6.13 3.62 June ' 11 Growth(%)462.77 390.81 248.81 213.63 82.87 16710.62 10.27471.16 375.30 330.07 213.15 133.03 4799.22 3.61452.77 380.93 240.03 204.87 76.01 1707.44 5.80

6524.12 1.695401.25 5.17

12.65 15.80 13.69 13.73 11.57 3588.96 5.9229.25 26.90 22.74 23.41 22.23 3588.96 5.9217.55 16.35 13.46 12.41 12.12 39.04 42.33

Fund based income(%) 82.21 82.80 83.65 84.55 85.58 21.48 22.36Fee based income(%) 17.78 17.19 16.34 15.44 14.41 12.83 13.33Yield on Fund Advances 7.30 7.65 9.15 7.95 7.32Break‐Even Yield Ratio 6.03 6.35 8.76 7.40 8.11 March ' 11 Growth(%)Cost of Funds Ratio 3.98 4.18 5.60 4.73 4.67 8204.97 18.06Borrowings within India(%) 29.81 43.01 29.56 9.72 34.71 2598.11 27.73Borrowings from outside(%) 70.18 56.98 70.43 90.27 65.28 792.18 (3.59)Deposits within India(%) 96.53 97.08 97.93 98.59 99.63 3479.29 18.49Deposits Outside India(%) 3.46 2.91 2.06 1.40 0.36 2911.02 30.85Net Profit Per Branch 2.44 2.43 2.18 1.62 1.18 1911.47 29.41Deposits Per Branch 136.14 136.52 140.57 130.59 104.79 1911.47 29.41

42.40 42.2523.30 21.2513.68 13.68

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)25.54 13.70 54.86 60.22 28.78 4881.40 11.7973.63 147.12 490.26 (34.75) 75.24 1167.87 (19.48)22.42 8.67 57.11 57.34 26.88 509.96 28.7728.51 25.88 48.85 75.76 33.45 1558.48 (14.41)36.53 34.47 50.43 68.71 36.04 1382.64 (11.73)28.24 43.57 53.41 68.50 36.62 942.35 (7.62)34.83 38.10 67.88 64.09 38.68 942.35 (7.62)34.76 38.51 69.50 62.52 38.75 31.93 41.70

19.30 23.3612.53 12.65


Company SecretaryMr.Somnath Sengupta Executive Director & CFO


Name DesignationMr.A K Dasgupta Additional DirectorProf.Samir Barua Addnl.Independent Director

Mr.V Srinivasan Executive Director (Corp. Banking)

Dr.Adarsh Kishore Chairman / Chair Person

Key Executives (Top Three)Name DesignationMr.P J Oza GOLD SPONSOR





OPM(%) NPM(%)



Quarter End











Ratio Analysis EBT


341.03 18.89 4982.38RANK in 50 Stocks 24 26 20 6






10


Axis Bank LtdFinance ‐ Banks ‐ Private Sector Not Applicable


Page: 30


RANK: Price


12223.53 9237.18 9481.80 8591.82 7398.89 32457309 3.3811077.34 8154.00 8508.40 7757.21 6579.60 219843542 22.929776.85 6305.81 7018.90 6828.18 6328.35 51727660 5.396865.69 4137.31 4904.03 4447.90 4287.88 196462747 20.486865.69 5046.80 5201.74 4687.03 4222.15 959214450 100

46944.63 37168.75 24231.94 21828.21 14096.1565500.55 74601.32 53711.68 57678.50 43984.42 Annual TTM76745.77 62407.95 56650.78 45322.42 23741.48 5.80 5.3129815.64 22306.07 20057.01 16479.59 16029.49 0.85 NA

0.00 3843.59 3487.68 4367.45 2497.44 1.36 1.3046564.94 44979.67 42371.78 4103.19 6106.18 5.36 NA

2.89 NA71.58 56.37 69.70 63.85 72.7483.53 68.58 83.02 75.27 86.8512.00 8.00 16.00 16.00 15.50 June ' 11 Growth(%)489.31 418.85 406.47 373.58 242.76 30705.12 4.45305.54 281.11 333.27 269.02 300.66 1294.88 63.770.00 392.98 309.18 275.25 213.24 12914.45 5.65

11763.16 6.1910563.08 8.04

41.71 37.04 38.94 43.71 42.39 7505.73 9.3237.80 32.69 34.94 39.47 37.70 7505.73 9.3223.43 16.59 20.14 22.63 24.57 42.06 41.58


37.47 46.3233.76 42.2120.47 26.68

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)17.51 2.43 23.88 12.62 10.92 7860.25 (5.76)138.45 8.59 (12.07) (28.42) 10.26 552.64 (31860.92)11.47 5.69 32.97 8.26 11.14 3655.80 19.2732.33 (2.58) 10.36 16.12 10.56 3370.50 21.8135.85 (4.17) 9.68 17.90 10.98 3143.23 27.1555.05 (10.16) 2.79 7.90 9.09 2219.43 29.9765.95 (15.63) 10.25 3.73 9.87 2219.43 29.9736.04 (2.98) 10.98 11.01 10.21 46.51 36.75

42.88 33.1728.24 20.47


Chief (Group Information Services)Mr.V S N Murty Chief Financial Controller


Name DesignationMr.Ratan N Tata Chairman / Chair PersonMr.S M Palia Ind. Non‐Executive Director

Mr.A Anjeneyan Co. Secretary & Chief of Compliance

Mr.Nusli N Wadia Ind. Non‐Executive Director

Key Executives (Top Three)Name DesignationMr.Shreekant Mokashi GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


626.64 15.99 1336.75RANK in 50 Stocks 25 14 26 20






10


Tata Steel LtdSteel Tata Group


Page: 31


RANK: Price


2956.06 3465.02 3800.75 2986.24 2470.0640226.35 35856.86 25553.57 14652.19 13845.44 Annual TTM4447.22 3531.05 3879.24 3118.24 2635.23 20.11 19.445538.46 2750.98 2516.27 1938.78 1800.63 13.12 NA125.14 48.14 120.54 408.49 189.92 2.00 1.875128.75 3925.71 3368.75 2566.82 1973.87 14.79 NA

5.41 NA96.55 111.77 64.19 48.47 42.96116.70 121.35 73.24 56.50 49.96105.00 110.00 20.00 19.00 17.00 June ' 11 Growth(%)148.03 173.51 190.32 149.54 123.69 20787.87 7.15969.86 793.22 617.23 518.06 496.07 303.13 13.05146.03 171.52 188.33 147.55 121.70 3135.34 8.67

2541.45 2.362543.83 2.38

14.05 17.95 15.10 14.08 12.98 2073.94 3.3011.97 16.74 13.64 12.53 11.57 1994.10 3.439.36 12.88 9.48 8.12 7.51 15.08 14.87

Adjusted Cash Margin (%) 11.44 14.09 10.94 9.67 8.92 12.23 12.80ROCE (%) 43.35 63.21 33.04 31.04 32.55 9.98 10.35Dividend payout Ratio 126.39 115.04 36.45 45.86 46.29Debt/Equity 0.50 0.01 0.02 0.04 0.06 March ' 11 Growth(%)Fixed Assets Turnover Ratio 3.70 6.29 5.34 5.89 6.01 10552.59 19.26Current Ratio 0.23 0.57 0.46 0.48 0.56 136.37 3.49Quick Ratio 0.15 0.49 0.31 0.31 0.39 1542.88 14.95Inventory Turnover Ratio 43.88 42.80 47.53 42.82 47.48 1249.53 1.32Fin. Charges Cov.Ratio 96.48 255.15 142.76 108.14 93.44 1246.65 0.70Exports of Total Sales (%) 2.29 2.13 2.01 2.35 2.66 1010.45 1.32Import of Raw Mat.(%) 4.22 1.66 0.79 0.67 1.10 930.61 (6.69)

14.62 15.1711.84 13.949.58 11.27

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)22.27 28.51 19.14 4.43 14.35 5683.33 5.4225.22 (9.02) 22.18 6.11 8.11 88.41 18.9328.05 23.87 17.77 3.14 14.02 906.17 0.21(4.28) 52.69 27.80 13.29 16.17 666.38 (0.07)(12.55) 57.71 29.67 13.12 15.13 669.57 1.64(13.24) 58.27 30.02 13.31 15.13 557.89 11.22(11.11) 74.62 39.00 12.97 19.51 557.89 11.22(13.62) 74.12 32.43 12.82 17.58 15.94 16.77

11.73 12.379.82 9.30

Year High Price Low Price High P/E Low P/E2011 2231.7 1377.95 22.35 13.82010 2094 1497 21.69 15.502009 1797.8 755 16.08 6.75

Co. Secretary & Compl. OfficerMr.Pawan Munjal Managing Director & CEO


Name DesignationMr.Brijmohan Lall Munjal Chairman / Chair PersonMr.Sunil Kant Munjal Joint Managing Director

Mr.Vikram Kasbekar Plants Head‐Operations

Mr.Pawan Munjal Managing Director & CEO

Key Executives (Top Three)Name DesignationMr.Ilam C Kamboj GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


424.24 70.16 820.95RANK in 50 Stocks 26 23 2 33






2


Hero MotoCorp Ltd.Auto ‐ 2 & 3 Wheelers Hero Group


Page: 32


RANK: Price


23209.15 22235.48 14039.02 13156.30 4457.9343899.87 50473.38 44011.74 47440.45 46000.59 Annual TTM28970.18 27557.68 17869.06 16414.11 7267.68 26.94 28.452972.76 2981.87 2889.07 2765.34 2688.51 1.65 NA720.35 265.81 32.16 52.49 32.23 2.50 2.356237.85 10984.17 11661.85 12357.03 2912.96 23.73 NA

0.97 NA4.22 9.89 17.45 13.43 14.044.68 11.69 19.80 15.39 16.431.10 3.75 3.50 4.00 4.00 June ' 11 Growth(%)69.11 264.97 198.16 185.82 79.82 16293.47 6.3445.50 156.06 163.00 178.88 211.68 1449.20 (9.92)67.68 260.78 194.80 182.38 76.19 2232.30 (3.13)

2079.88 (3.34)1787.73 (4.62)

12.10 11.73 14.30 11.29 10.04 1343.14 (5.39)11.10 10.58 12.86 10.19 8.91 1343.14 (5.39)6.30 7.60 9.81 7.69 6.28 13.70 15.04


10.70 21.599.87 20.346.51 13.43

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)16.60 13.56 (8.88) 7.20 5.28 4172.63 (13.62)15.22 35.15 27.84 489.98 63.67 389.59 50.5216.04 18.25 (10.01) 10.18 6.35 657.80 32.8620.30 (6.89) 15.47 20.46 9.27 619.96 35.6822.36 (6.61) 15.02 22.53 10.00 489.09 33.6525.88 (11.76) 13.71 29.35 10.32 342.86 21.14(3.44) (11.97) 16.29 31.11 5.32 342.86 21.1470.74 (32.75) 29.93 21.38 12.61 15.76 10.25

14.86 9.468.22 5.86

Year High Price Low Price High P/E Low P/E2011 195.9 120.8 49.02 30.232010 928 148.8 219.91 35.262009 902.2 234 91.22 23.66

Chief Executive OfficerMr.Rajiv Choubey Company Secretary & Compliance Officer


Name DesignationMr.D D Jalan CFO & Wholetime DirectorMr.Anil Agarwal Chairman / Chair Person

NA NA

Mr.Navin Agarwal Executive Vice Chairman

Key Executives (Top Three)Name DesignationMr.Mahendra Singh Mehta GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


332.52 5.79 895.92RANK in 50 Stocks 27 27 44 32






1


Sterlite Industries (India) Ltdetals ‐ Non Ferrous ‐ Copper/Copper Alloys ‐ Pro Sterlite Group


Page: 33


RANK: Price


13810.49 12830.01 12374.83 11269.15 652.8052065.66 68015.38 61040.50 125293.35 129450.49 Annual TTM28870.04 25467.87 21989.80 19655.55 7422.09 29.26 32.112143.37 2002.85 1968.40 1533.72 365.58 2.69 NA2199.25 1718.51 1657.73 1781.79 665.03 12.74 12.607037.24 6558.88 2956.32 1839.83 769.17 17.89 NA

0.91 NA7.48 4.51 9.12 15.10 2.658.54 5.49 10.01 15.50 2.712.00 2.00 2.00 4.00 2.00 June ' 11 Growth(%)81.35 75.59 72.91 66.10 4.27 2949.93 1.1617.18 13.59 16.66 32.24 7.20 1239.31 (0.27)71.90 70.78 69.75 63.84 2.25 2834.66 (4.63)

2736.97 (3.72)1429.10 (8.15)

99.79 84.16 97.93 66.09 89.51 1133.89 (9.02)93.61 76.90 92.56 64.86 88.65 1157.11 (8.86)38.89 32.56 54.69 46.83 36.84 96.09 101.93


106.95 94.69103.16 89.2953.37 27.41

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)26.40 (18.42) (48.56) 398.97 21.49 685.74 (19.04)26.02 (10.92) 79.53 71.13 28.10 159.26 (76.64)(9.97) 18.49 (56.08) 447.13 20.72 454.84 (61.51)49.86 (29.89) (23.76) 268.39 24.16 454.84 (60.43)53.86 (32.22) (26.58) 265.04 22.82 124.96 (84.99)55.67 (48.72) (42.02) 402.50 18.39 92.64 (87.03)50.94 (51.43) (39.91) 534.23 22.81 92.64 (87.43)65.95 (50.57) (39.88) 534.45 25.62 66.33 139.52

66.33 135.7213.51 84.33


Company Secretary & Compliance OfficerMr.Ashok Kumar Tyagi Group Chief Financial Officer


Name DesignationDr.K P Singh Chairman / Chair PersonMr.Kameshwar Swarup Group Exe.Director

NA NA

Mr.T C Goyal Managing Director

Key Executives (Top Three)Name DesignationMr.Subhash Setia GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


60.20 8.21 1062.56RANK in 50 Stocks 28 47 40 25






2


DLF LtdConstruction & Contracting DLF Group


Page: 34


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)4739.06 3655.79 3262.68 2820.30 1592.06 335790268 45.5118.94 26.14 42.00 14.08 5.93 191806202 26

1250.25 900.89 452.03 562.35 231.51 17268212 2.341269.19 927.03 494.03 576.43 237.44 22571675 3.061187.67 814.03 425.78 396.66 202.70 76021092 10.3818.15 564.03 275.82 292.81 140.82 94352920 12.79818.18 561.11 276.10 293.93 141.37 737810369 100

6833.39 4539.92 3905.53 3593.71 1661.9375420.67 76272.11 60232.37 80303.56 73524.71 Annual TTM50850.67 37436.32 28711.87 28312.36 19915.42 41.41 38.352107.72 2085.67 995.35 1710.29 751.22 4.96 NA29329.31 20775.05 16625.34 15552.22 10924.07 7.15 7.1917121.44 12512.66 9110.18 9141.99 6861.96 60.32 NA

0.11 NA11.10 7.61 3.75 3.99 1.9212.21 9.18 4.67 6.43 2.390.50 0.40 0.35 0.35 0.31 June ' 11 Growth(%)92.73 61.61 53.00 48.77 22.55 4712.53 9.5064.31 49.61 44.28 38.27 21.61 724.63 14.4787.73 56.89 48.31 44.09 18.13 791.72 5.40

1395.49 5.341292.41 8.82

19.92 18.35 20.01 18.65 13.46 883.30 7.9626.78 25.36 15.14 20.44 14.91 883.30 7.9617.26 15.43 8.45 10.38 8.85 29.61 30.78


28.83 33.1718.44 19.7219.43 19.43

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)29.63 12.05 15.69 77.15 24.38 1329.78 7.88(27.54) (37.76) 198.30 137.44 26.14 228.66 19.5326.64 (1.98) 24.48 65.96 20.72 206.19 (5.55)34.34 (0.03) 12.40 77.22 21.75 386.05 4.9136.91 87.65 (14.29) 142.77 39.83 363.97 (2.98)45.90 91.19 7.34 95.69 42.42 252.03 1.3445.05 104.49 (5.80) 107.93 42.18 252.03 1.3445.81 103.23 (6.07) 107.92 42.07 29.03 29.85

18.95 20.180.00 19.92

Year High Price Low Price High P/E Low P/E2011 508.95 333.25 42.46 27.82010 878 434 79.10 39.102009 849.8 208.05 111.67 27.34

Company Secretary & Compliance OfficerMr.Jaimin Bhatt Group Chief Financial Officer


Name DesignationDr.Sudipto Mundle DirectorMr.Asim Ghosh Director

NA NA

Mr.Prakash Apte Director

Key Executives (Top Three)Name DesignationMs.Bina Chandarana GOLD SPONSOR





OPM(%) NPM(%)



Quarter End











Ratio Analysis EBT


90.63 12.93 1450.40RANK in 50 Stocks 29 44 31 17






5


Kotak Mahindra Bank Ltd.Finance ‐ Banks ‐ Private Sector Kotak Mahindra Group


Page: 35


RANK: Price


13867.50 11835.10 9344.90 8415.40 6853.9029089.75 40750.24 30083.52 21594.40 27593.41 Annual TTM14176.80 12656.50 10043.80 9315.60 7484.70 13.67 11.3611737.70 10406.70 8720.60 7285.30 6146.80 2.26 NA1428.60 387.60 861.30 736.30 238.90 0.86 0.845106.70 7176.60 3173.30 5180.70 3409.20 7.11 NA

0.69 NA79.21 86.45 42.18 59.91 54.07114.30 115.00 66.64 79.57 63.467.50 6.00 3.50 5.00 4.50 June ' 11 Growth(%)

479.84 409.52 323.35 291.19 237.16 37263.20 0.811265.50 1014.77 717.50 625.34 512.49 562.18 16.56474.32 403.82 318.45 286.28 231.89 4629.32 2.25

3615.05 2.873592.87 2.96

11.18 14.86 11.83 16.65 17.33 2753.41 3.148.41 12.04 8.42 13.50 15.49 2753.41 3.146.10 8.19 5.97 8.95 10.48 12.42 12.25


11.03 11.388.30 8.646.25 6.09

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)24.71 41.43 14.74 22.02 19.82 8529.30 (15.49)20.72 12.80 20.06 26.31 15.61 180.07 50.2229.86 35.88 21.33 23.12 21.39 994.47 (34.16)(6.12) 77.69 (18.49) 17.22 9.77 752.00 (38.05)(12.89) 102.35 (28.47) 6.32 6.04 746.25 (38.20)(12.76) 106.46 (28.82) 5.46 6.22 549.23 (47.23)(7.14) 94.24 (23.49) 4.20 7.54 549.23 (47.23)(8.37) 104.94 (29.59) 10.81 7.94 11.66 14.97

8.82 12.036.44 10.31

Year High Price Low Price High P/E Low P/E2011 1452.2 1045 15.24 10.962010 1599.9 1171 20.20 14.782009 1740 428.4 20.13 4.96

Chief Financial OfficerMr.S Ravi Aiyar Chief General Manager(Legal) & Co. Secretary


Name DesignationMr.R C Bhargava Chairman / Chair PersonMr.Tsuneo Ohashi Director

Mr.S Y Siddiqui Managing Executive Officer

Mr.Shuji Oishi Director

Key Executives (Top Three)Name DesignationMr.Ajay Seth GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


760.47 19.86 593.67RANK in 50 Stocks 30 11 17 37






5


Maruti Suzuki India LtdAuto ‐ Cars & Jeeps MNC Associate


Page: 36


RANK: Price


20037.80 16230.93 13139.89 10782.65 10141.61357317.47 290704.18 230230.19 184477.36 153683.02 Annual TTM376854.49 295140.79 245404.88 197484.67 162128.65 6.81 6.7523776.90 18327.58 17058.25 15258.15 12372.03 1.51 NA242106.67 186601.21 154702.99 119501.57 96596.52 1.01 1.0395162.35 77724.47 63385.18 53991.71 45189.84 54.86 NA

2.31 NA139.94 123.27 97.56 64.67 48.61158.77 141.47 115.37 77.27 60.2422.00 21.90 19.90 12.94 12.94 June ' 11 Growth(%)632.49 512.32 414.76 340.35 320.12 29330.09 8.60940.77 774.12 691.50 502.69 382.07 3804.51 5.91622.49 502.37 404.80 330.40 310.16 4678.52 4.87

9431.46 4.156580.09 0.25

12.42 14.16 14.03 13.46 12.29 4470.28 0.8324.01 26.42 24.33 23.20 20.96 4470.28 0.8314.87 15.91 14.10 12.86 12.72 32.16 33.53


33.36 33.7815.73 17.2411.65 11.65

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)21.53 11.95 37.56 31.57 19.75 8315.24 11.7647.54 (21.05) 138.75 24.08 28.11 1083.67 (5.39)26.02 7.89 37.45 27.77 19.01 1212.64 7.3842.93 6.73 18.80 4.64 13.65 2473.93 (1.34)10.47 21.57 44.27 45.62 23.05 1580.41 (11.19)11.15 23.87 44.63 51.95 24.79 1105.07 (7.98)13.52 26.34 50.86 33.02 23.54 1105.07 (7.98)13.52 26.35 50.87 33.03 23.55 29.75 33.70

13.29 16.1411.45 11.76

Year High Price Low Price High P/E Low P/E2011 1237 897.45 8.77 6.362010 1395 842.1 9.97 6.022009 943 286.2 7.65 2.32

Asst. General ManagerMr.Ranjan Dhawan Chief General Manager


Name DesignationMr.K R Kamath Chairman and Managing directorMr.Pradeep Kumar Director

Mr.Ramesh Kumar Kochar Company Secretary & Compliance Officer

Mr.G R Sundaravadivel Director

Key Executives (Top Three)Name DesignationMr.Arti Mattoo GOLD SPONSOR





OPM(%) NPM(%)



Quarter End











Ratio Analysis EBT


553.40 22.31 6741.84RANK in 50 Stocks 31 15 14 3






10


Punjab National BankFinance ‐ Banks ‐ Public Sector Public Sector


Page: 37


RANK: Price

September ' 10 September ' 09 September ' 08 September ' 07 September ' 06 Shares (%)9322.41 8396.53 8293.33 7732.02 4515.72 255221175 75128.55 288.81 55.79 105.28 145.71 10203364 31423.34 1307.37 616.60 734.50 549.98 10351026 3.041321.86 1229.59 552.87 685.27 505.77 18761134 5.511299.66 1210.34 539.60 673.69 494.54 6673282 1.96868.12 823.33 241.16 396.01 349.17 39084919 11.49827.21 1044.85 593.33 596.54 365.86 340294900 100

3476.54 2915.30 2067.68 1589.40 1085.5226392.38 22772.21 12426.02 18961.70 26187.08 Annual TTM3476.78 2915.89 2068.74 1590.93 1087.52 34.15 30.381354.89 1134.78 991.10 870.12 647.29 8.12 NA246.52 105.70 87.01 93.29 154.16 3.03 2.45388.46 476.97 523.65 467.59 463.97 18.54 NA

0.60 NA24.53 30.99 17.60 35.39 21.7027.54 33.30 19.49 38.31 24.335.00 5.00 3.00 4.80 3.80 June ' 11 Growth(%)

103.15 86.51 61.37 94.37 64.48 11514.11 5.02276.50 249.04 245.98 458.66 267.87 2.07 NA100.92 84.30 59.16 91.95 62.06 1461.91 0.72

1328.70 (0.35)1409.20 (0.44)

15.27 15.57 7.43 9.50 12.18 929.83 (0.14)14.18 14.64 6.67 8.86 11.20 929.83 (0.14)9.31 9.81 2.91 5.12 7.73 12.70 13.24

Adjusted Cash Margin (%) 10.40 10.73 3.68 5.76 8.71 11.54 12.16ROCE (%) 23.79 35.83 28.68 37.50 33.64 8.08 8.49Dividend payout Ratio 23.76 18.87 19.94 15.86 19.96Debt/Equity 0.00 0.00 0.00 0.00 0.00 March ' 11 Growth(%)Fixed Assets Turnover Ratio 7.00 7.56 8.57 9.14 7.33 5696.45 8.06Current Ratio 1.27 1.25 1.15 1.13 1.06 0.00 NAQuick Ratio 1.05 1.09 1.00 0.94 0.90 1784.45 179.16Inventory Turnover Ratio 6.24 8.86 11.30 10.76 9.90 1716.61 193.84Fin. Charges Cov.Ratio 64.09 67.91 46.46 63.43 48.99 1758.28 181.92Exports of Total Sales (%) 17.18 24.45 37.32 34.55 23.36 1490.57 265.69Import of Raw Mat.(%) 40.36 36.70 34.22 35.65 26.79 1490.57 265.69

31.33 12.1330.13 11.0826.17 7.73

September ' 10 September ' 09 September ' 08 September ' 07 June ' 11 Growth(%)11.03 1.24 7.26 71.22 15.60 2796.81 (10.31)(55.49) 417.67 (47.01) (27.75) (2.47) 2.07 NA8.80 (4.59) 8.87 72.76 14.32 252.40 (43.26)8.87 112.03 (16.05) 33.55 20.95 212.31 (48.21)7.50 122.40 (19.32) 35.49 21.18 228.85 (45.95)7.38 124.30 (19.90) 36.23 21.32 154.79 (44.26)5.44 241.40 (39.10) 13.41 19.98 154.79 (44.26)

(20.83) 76.10 (0.54) 63.05 17.72 9.02 14.277.59 13.155.53 8.91

Year High Price Low Price High P/E Low P/E2011 951 690.05 34.48 25.022010 856.5 580 34.92 23.642009 605 186.2 19.52 6.01

Executive Director & CFODr.Armin Bruck Managing Director & CEO


Name DesignationDr.Roland Busch Additional DirectorMr.Stephan Schneider Alternate Director

Mr.Ajai Jain VP(Legal)&Co.Secretary &Compl.Officer

Dr.Otmar Schmitt Alternate Director

Key Executives (Top Three)Name DesignationMr.Sunil D Mathur GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


234.98 26.75 538.62RANK in 50 Stocks 32 31 9 40






2


Siemens LtdInstrumentation & Process Control MNC Associate


Page: 38


RANK: Price

June ' 10 June ' 09 June ' 08 June ' 07 June ' 06 Shares (%)5078.76 4675.09 4615.39 3768.62 3032.92 443342144 64.37155.26 158.67 62.85 16.07 6.55 147010023 21.351568.91 1548.34 1289.81 953.15 816.31 21307779 3.091294.88 1296.45 1071.94 774.94 677.51 20917625 3.041193.52 1261.10 1047.01 754.34 659.70 33042720 4.81093.51 1064.49 952.41 678.47 644.25 23068233 3.351056.58 997.31 780.65 1101.82 638.38 688688524 100

4935.86 3488.24 3214.83 3425.02 2577.2029105.00 25328.14 14882.50 14138.19 15679.00 Annual TTM6333.25 4001.97 3240.16 3465.91 2590.58 26.28 23.182293.37 1957.86 1599.61 1332.67 1014.08 5.63 NA477.20 417.56 419.03 212.86 163.63 5.47 4.092233.20 562.75 1797.34 1988.86 1907.76 18.55 NA

0.98 NA15.57 14.88 11.72 16.60 19.7419.60 18.64 14.99 19.29 24.034.00 7.00 9.00 8.00 16.00 June ' 11 Growth(%)72.71 52.04 48.25 51.60 79.68 6794.47 10.0274.82 69.75 69.26 56.78 93.77 165.53 7.4764.74 56.44 49.10 47.51 76.07 1682.63 13.59

1391.26 16.651289.86 18.22

30.89 33.12 27.95 25.29 26.91 1126.46 15.1025.50 27.73 23.23 20.56 22.34 1198.25 14.0721.53 22.77 20.64 18.00 21.24 24.76 23.99

Adjusted Cash Margin (%) 26.93 28.16 25.36 22.73 25.82 20.48 19.31ROCE (%) 16.68 24.92 24.09 31.79 24.64 16.58 15.85Dividend payout Ratio 29.86 55.08 89.70 55.10 92.18Debt/Equity 0.28 0.14 0.01 0.01 0.01 June ' 11 Growth(%)Fixed Assets Turnover Ratio 2.56 2.73 3.27 3.13 3.31 3647.09 15.88Current Ratio 1.92 1.50 1.12 1.41 0.99 85.72 6.42Quick Ratio 2.19 1.71 1.06 1.39 0.97 956.03 31.57Inventory Turnover Ratio 1131.13 53.73 0.00 0.00 0.00 810.24 39.45Fin. Charges Cov.Ratio 15.48 43.80 51.74 46.27 45.83 760.55 43.68Exports of Total Sales (%) 97.82 97.80 98.49 98.87 98.72 717.41 49.19Import of Raw Mat.(%) 0.00 0.00 0.00 0.00 0.00 717.41 49.19

26.21 23.0922.22 18.4619.67 15.28

June ' 10 June ' 09 June ' 08 June ' 07 June ' 11 Growth(%)8.63 1.29 22.47 24.26 10.86 1949.36 14.82(2.15) 152.46 291.10 145.34 88.35 47.12 24.4611.56 (3.04) 19.67 27.37 10.52 549.95 35.431.33 20.04 35.32 16.76 13.96 473.70 40.75(0.12) 20.94 38.33 14.38 13.83 448.51 43.73(5.36) 20.45 38.80 14.35 12.59 385.59 48.292.73 11.77 40.38 5.31 11.16 385.59 16.215.94 27.75 (29.15) 72.60 10.60 28.21 23.92

24.30 19.8219.78 15.32


Associate Vice PresidentMr.Nalin Mittal Associate Vice President


Name DesignationMr.R Srinivasan Additional DirectorMr.Shiv Nadar Chairman & Chief Strategy Officer

Mr.Anil Chanana Chief Financial Officer

Mr.Amal Ganguli Non Executive Director

Key Executives (Top Three)Name DesignationMr.Jyoti Das GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


138.66 22.82 593.98RANK in 50 Stocks 33 39 13 36






2


HCL Technologies LtdComputers ‐ Software HCL Group


Page: 39


RANK: Price


29700.10 27910.97 23757.91 17435.82 12418.0432218.49 42212.50 24483.32 24083.60 26931.61 Annual TTM36971.60 34267.87 32082.61 25764.40 19786.64 11.78 11.2014287.32 13793.35 13393.07 12608.46 11252.66 0.85 NA9464.05 3702.79 1389.63 1119.87 1476.43 1.06 1.0218246.75 21480.83 19148.84 14107.99 8675.32 8.09 NA

1.14 NA11.16 10.01 13.12 23.31 22.1214.75 13.52 16.91 28.13 26.921.50 1.35 1.35 1.85 1.70 June ' 11 Growth(%)

155.12 145.85 139.71 142.16 119.03 24711.83 3.57124.06 101.68 106.81 155.79 157.96 425.74 34.41108.11 98.72 86.31 138.43 103.16 3645.76 4.10

2952.02 4.882724.67 5.01

16.76 16.59 19.45 19.86 23.65 2235.68 5.1613.87 13.14 15.90 16.77 20.61 2246.52 5.139.32 7.61 10.68 11.61 14.16 14.75 14.68


14.20 15.2411.49 12.159.03 8.77

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)22.10 7.14 (5.01) 4.40 5.34 6030.87 (11.91)39.74 (51.36) 17.64 64.40 5.62 177.91 69.2422.18 8.41 (3.79) 10.81 7.15 1044.96 2.4923.32 (8.60) (6.98) (12.34) (1.67) 869.61 3.0828.82 (11.45) (9.92) (15.08) (2.69) 802.89 1.9938.10 (23.82) (12.79) (17.19) (5.35) 644.00 (7.61)49.54 (23.65) (12.60) (14.37) (3.10) 644.00 (9.09)11.55 (14.11) (22.04) 11.57 (3.58) 17.33 14.89

14.42 12.3210.68 10.18

Year High Price Low Price High P/E Low P/E2011 251.9 128.55 21.47 10.962010 246.9 129.25 22.12 11.582009 163 36.9 16.28 3.69

Chief Executive OfficerMr.B M Sharma Chief Marketing Officer


Name DesignationMr.Ram Charan Addnl. & Ind.DirectorMr.Kumar Mangalam Birla Chairman / Chair Person

Mr.Shashi K Maudgal Chief Marketing Officer

Mr.Jagdish Khattar Independent Director

Key Executives (Top Three)Name DesignationMr.S N Bontha GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


504.32 7.53 657.52RANK in 50 Stocks 34 20 42 35






1


Hindalco Industries LtdAluminium Birlas (Aditya Vikram) Group


Page: 40


RANK: Price


6020.20 5914.60 5259.10 4811.81 4373.3626481.36 24730.07 13724.15 9570.11 10752.96 Annual TTM7465.00 6477.80 5899.40 5274.12 4703.26 28.10 23.973025.00 2425.70 2157.30 1750.21 1291.19 4.17 NA570.40 745.40 411.20 245.71 280.61 4.84 4.382462.00 2652.70 1865.10 2080.71 966.99 19.84 NA

0.76 NA52.78 50.11 33.29 28.26 70.0969.02 64.43 45.96 39.12 79.1211.25 11.25 6.25 3.75 3.75 June ' 11 Growth(%)355.80 350.39 312.30 286.12 260.45 5730.26 8.03306.55 260.33 237.40 198.84 225.31 174.21 24.80346.32 341.13 304.97 278.46 254.35 1635.92 25.34

1320.51 31.861300.35 30.55

25.73 28.89 25.20 22.11 42.29 1047.15 25.0220.44 23.39 19.86 16.65 38.28 1047.15 25.0217.19 17.59 14.96 12.95 31.92 28.55 24.60

Adjusted Cash Margin (%) 22.48 23.09 20.30 18.42 35.93 23.04 18.88ROCE (%) 11.97 13.06 9.51 9.01 25.02 18.27 15.79Dividend payout Ratio 34.20 26.19 21.94 15.52 6.25Debt/Equity 0.23 0.09 0.12 0.09 0.07 March ' 11 Growth(%)Fixed Assets Turnover Ratio 1.75 1.86 1.91 1.97 3.06 2736.42 6.99Current Ratio 1.66 1.49 1.85 1.82 2.56 66.32 4.06Quick Ratio 1.91 1.45 2.13 1.94 2.81 698.11 5.33Inventory Turnover Ratio 5.36 5.39 6.09 5.90 8.72 512.98 (5.74)Fin. Charges Cov.Ratio 134.85 79.36 36.78 50.33 30.80 508.19 (6.52)Exports of Total Sales (%) 72.23 71.92 78.09 70.77 81.74 428.64 (7.76)Import of Raw Mat.(%) 42.76 30.36 38.75 26.37 36.74 428.64 (7.76)

25.51 25.9118.75 21.2815.66 18.17

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)18.04 9.90 19.61 (11.61) 6.52 1696.96 26.01(36.29) (27.39) 59.41 (42.57) (15.79) 55.54 90.7920.01 2.02 17.40 12.43 10.08 667.30 109.995.13 26.01 36.30 (53.79) (3.56) 598.37 204.473.13 29.42 42.71 (61.57) (6.05) 583.13 203.273.78 31.96 41.52 (61.19) (5.54) 454.05 173.7415.32 29.24 38.17 (64.13) (5.88) 454.05 173.745.59 50.85 18.03 (59.62) (5.36) 39.32 23.60

35.26 14.5926.76 12.32

Year High Price Low Price High P/E Low P/E2011 1728.9 1387 27.94 22.422010 1855 1051.2 35.15 19.922009 1241.9 357 24.78 7.12

Company Secretary & Compliance OfficerMr.Vilas M Dholye Exe. VP ‐ Formulations Manufacturing


Name DesignationMr.Sridar Iyengar Additional DirectorDr.K Anji Reddy Chairman / Chair Person

Mr.K B Sankara Rao Exe. VP ‐ Integrated Product Development

Dr.J P Moreau Independent Director

Key Executives (Top Three)Name DesignationMr.Sandeep Poddar GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


116.94 17.39 540.44RANK in 50 Stocks 35 41 21 39






5


Dr Reddys Laboratories LtdPharmaceuticals Reddy Group


Page: 41


RANK: Price


14057.62 13086.71 12128.11 11676.84 10273.5458838.59 62878.29 49975.12 36674.55 32098.81 Annual TTM33029.49 35281.91 33299.52 26699.22 21102.78 15.14 33.3229334.23 25412.52 22522.33 21500.93 19457.58 1.67 NA1012.23 2517.75 2037.48 766.71 852.34 0.15 0.1411377.96 12201.32 16715.19 9358.01 7385.42 11.36 NA

2.16 NA42.78 42.53 20.35 43.72 49.9488.57 76.89 50.10 74.09 74.9514.00 14.00 7.00 4.00 16.00 June ' 11 Growth(%)388.83 361.97 335.46 322.97 284.16 163532.28 7.854189.90 3325.12 3708.38 3048.28 2670.69 1781.28 6.36

0.00 323.90 316.74 312.56 273.74 4516.94 (12.61)2772.21 (21.10)1568.86 (34.97)

3.42 4.30 4.50 3.75 4.65 702.89 (54.55)2.33 3.26 3.70 2.75 3.71 702.89 (54.55)1.09 1.74 1.89 1.23 2.23 2.76 3.41


3.95 2.782.91 1.631.37 0.61

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)26.01 (10.33) 21.65 14.14 9.42 46139.61 1.924.48 12.64 51.70 27.89 17.95 427.32 (16.22)26.84 (9.88) 20.99 15.31 9.78 (1736.90) (179.87)0.29 (14.38) 45.91 (7.86) 2.91 (2226.97) (231.63)

(10.16) (20.87) 63.26 (15.26) (0.33) (2561.89) (286.16)(16.77) 4.34 18.05 (23.89) (4.84) (2561.89) (373.95)(21.11) (17.46) 86.87 (37.05) (5.19) (2561.89) (373.95)0.59 108.94 (53.44) (12.46) (3.05) (3.76) 4.80

(4.83) 3.74(5.55) 2.07

Year High Price Low Price High P/E Low P/E2011 712.5 530 36.65 27.262010 814.9 488.5 19.05 11.422009 648 329.15 15.24 7.74

Chief Procurement OfficerMs.I Sasikala Chief Vigilance Officer


Name DesignationMr.R K Singh Chairman and Managing directorMr.I P S Anand Director

Mr.S V Kulkarni Company Secretary

Mr.N Venkiteswaran Director

Key Executives (Top Three)Name DesignationMr.Arun Singh GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


3337.39 5.00 1200.79RANK in 50 Stocks 36 2 45 22






10


Bharat Petroleum Corporation LtdRefineries Public Sector


Page: 42


RANK: Price

December ' 10 December ' 09 December ' 08 December ' 07 December ' 06 Shares (%)7371.52 7083.21 6182.09 5671.39 6226.28 771743110 50.39128.59 175.54 158.16 122.59 72.83 363631987 23.741985.44 2093.11 1942.30 2175.72 2233.99 27357102 1.791597.64 1794.55 1680.82 1938.91 1906.80 196889423 12.851548.95 1772.12 1648.76 1863.06 1793.57 54446515 3.551113.40 1186.98 1080.97 1121.57 1454.84 117606774 7.681263.61 1218.37 1402.27 1769.10 1503.25 1531674911 100

7330.10 6470.90 5672.87 4661.25 3491.7220555.72 18676.56 12458.86 14359.13 20259.15 Annual TTM7395.13 6636.60 5961.54 4991.67 4357.10 18.03 19.558778.82 6224.13 5706.94 5231.05 4542.50 3.11 NA930.70 2714.43 1947.22 696.79 634.93 3.09 2.91625.95 727.01 332.39 1288.94 1133.12 10.35 NA

1.75 NA8.26 8.00 9.21 11.62 9.9110.79 9.96 10.93 13.18 12.072.60 2.40 2.20 3.50 3.30 June ' 11 Growth(%)47.91 42.47 37.26 30.62 23.02 7821.94 1.3048.18 46.49 40.60 37.25 41.05 176.61 20.6644.95 39.35 34.13 27.48 19.66 2057.74 (0.74)

1633.86 (1.37)1575.07 (1.85)

26.93 29.55 31.42 38.36 35.88 1158.74 (3.64)21.67 25.34 27.19 34.19 30.63 1165.19 (3.62)15.10 16.76 17.49 19.78 23.37 26.31 26.85

Adjusted Cash Margin (%) 20.36 20.97 21.72 23.95 28.62 20.89 21.45ROCE (%) 17.09 18.36 23.52 35.44 34.50 14.81 15.57Dividend payout Ratio 36.60 35.10 27.94 35.22 34.98Debt/Equity 0.01 0.02 0.05 0.07 0.24 June ' 11 Growth(%)Fixed Assets Turnover Ratio 0.84 1.15 1.10 1.09 1.37 4411.54 (51.52)Current Ratio 1.07 0.89 1.26 1.03 1.08 108.24 (28.20)Quick Ratio 0.74 0.57 0.74 0.63 0.70 1333.67 (44.51)Inventory Turnover Ratio 9.19 11.36 7.54 11.13 17.19 1120.19 (41.48)Fin. Charges Cov.Ratio 40.78 93.32 60.58 28.68 19.73 1091.21 (41.23)Exports of Total Sales (%) 1.33 2.60 3.69 4.90 8.36 754.98 (45.63)Import of Raw Mat.(%) 9.16 31.66 8.41 11.01 5.05 754.98 (46.65)

30.23 26.4125.39 21.0317.11 15.26

December ' 10 December ' 09 December ' 08 December ' 07 June ' 11 Growth(%)4.07 14.58 9.00 (8.91) 3.43 2189.07 (1.50)

(26.75) 10.99 29.02 68.32 12.04 56.15 7.796.76 17.46 21.55 (10.99) 6.29 654.58 (3.61)(5.14) 7.76 (10.73) (2.61) (2.33) 547.21 (4.50)(10.97) 6.77 (13.31) 1.68 (3.48) 532.02 (4.86)(12.59) 7.48 (11.50) 3.87 (2.89) 347.50 (14.72)(6.20) 9.81 (3.62) (22.91) (5.21) 347.50 (14.72)3.71 (13.11) (20.74) 17.69 (3.41) 29.90 30.56

25.00 25.7815.87 18.33


Business Head ‐ EastMr.J C Toshniwal Business Head ‐ North


Name DesignationMr.N S Sekhsaria Chairman / Chair PersonMr.Suresh Neotia Chairman Emeritus

Mr.Ajay Kapur Business Head ‐ West & South

Mr.M L Bhakta Director

Key Executives (Top Three)Name DesignationMr.S N Toshniwal GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


159.63 15.81 419.50RANK in 50 Stocks 37 36 27 46






2


Ambuja Cements LtdCement Ambuja Group


Page: 43


RANK: Price


6612.95 5905.12 4341.78 3746.85 3227.3022947.44 27247.56 21664.23 15656.48 16373.48 Annual TTM7054.34 5910.19 5282.02 4327.38 3350.86 23.52 23.463929.00 2895.44 2693.29 2201.79 1799.71 3.42 NA253.07 684.24 366.32 233.12 73.19 3.68 3.51570.28 265.10 81.32 94.75 117.80 16.56 NA

1.00 NA11.96 13.47 9.99 9.02 8.5914.81 15.53 11.95 10.71 9.922.80 2.00 2.00 2.00 2.00 June ' 11 Growth(%)82.36 73.66 55.97 48.32 41.63 6429.64 1.7776.41 69.82 67.34 54.08 45.83 87.53 10.200.00 71.54 53.86 46.20 39.52 1443.92 1.91

1174.86 1.001165.59 0.65

22.58 26.32 25.50 21.82 24.92 963.04 (0.42)18.85 23.37 22.60 18.71 22.02 963.04 (0.42)15.65 18.52 19.23 15.02 17.77 22.46 22.43

Adjusted Cash Margin (%) 19.38 21.47 22.13 18.13 20.68 18.27 18.41ROCE (%) 13.61 18.30 14.71 16.21 19.94 14.98 15.31Dividend payout Ratio 27.23 17.31 23.41 25.92 27.22Debt/Equity 0.06 0.00 0.21 0.15 0.03 March ' 11 Growth(%)Fixed Assets Turnover Ratio 1.56 1.94 1.94 1.91 1.98 3222.87 4.13Current Ratio 3.45 2.17 1.81 2.62 2.65 46.04 37.89Quick Ratio 2.08 1.57 1.93 1.88 1.76 666.33 (11.22)Inventory Turnover Ratio 3.28 3.74 3.79 3.83 3.74 531.43 (15.89)Fin. Charges Cov.Ratio 269.53 52.13 25.56 50.81 79.53 526.69 (16.59)Exports of Total Sales (%) 55.70 54.54 56.55 53.65 52.36 446.69 (14.17)Import of Raw Mat.(%) 40.63 43.85 42.63 44.03 42.17 446.69 (14.17)

20.68 24.2516.49 20.4113.86 16.81

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)9.45 7.10 24.53 18.00 11.49 1591.42 (4.66)

217.08 4.62 38.73 (1.32) 35.34 24.85 22.1119.50 5.90 19.05 22.30 13.00 394.39 22.31(6.08) 10.51 45.56 3.32 9.31 324.14 28.21(11.71) 10.72 50.45 0.28 8.08 319.89 27.45(10.16) 13.33 47.18 (0.61) 8.29 253.34 18.38(7.48) 3.15 59.38 (0.27) 8.69 253.34 18.38(11.20) 39.22 10.75 5.00 7.53 24.78 19.32

20.37 15.1515.92 12.82

Year High Price Low Price High P/E Low P/E2011 380.8 273.6 31.75 22.812010 380 300.1 31.77 25.092009 363 171.6 26.95 12.74

Co.Secretary & Compl. OfficerNA NA


Name DesignationDr.Y K Hamied Chairman and Managing directorMr.M K Hamied Joint Managing Director

NA NA

Mr.V C Kotwal Non Executive Director

Key Executives (Top Three)Name DesignationMr.Mital Sanghvi GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


131.22 14.56 468.32RANK in 50 Stocks 38 40 29 43






2


Cipla LtdPharmaceuticals Cipla Group


Page: 44


RANK: Price

December ' 10 December ' 09 December ' 08 December ' 07 December ' 06 Shares (%)5646.37 4781.59 4652.04 4293.02 4165.12 268711323 63.77170.21 98.13 91.28 17.18 30.33 37047746 8.791432.63 749.57 342.41 417.15 662.39 8300015 1.971204.28 601.37 187.94 298.42 555.64 41922052 9.951150.08 561.90 42.12 204.99 497.20 17944697 4.26734.60 73.04 616.36 48.30 434.77 47437397 11.261148.73 571.98 (1044.80) 617.72 380.54 421363230 100

5132.40 4134.60 3716.77 2538.40 2350.0125734.08 24071.17 15904.73 17843.35 17939.87 Annual TTM9393.12 7482.98 7442.14 6041.43 5528.61 18.84 42.702857.63 2620.92 2386.75 2261.48 2133.57 4.22 NA330.18 414.92 428.77 327.42 301.88 3.83 4.643804.44 3833.69 3618.03 3237.55 2679.95 17.96 NA

0.39 NA27.28 13.61 (24.85) 16.56 10.2132.71 17.13 (21.18) 19.74 13.082.00 0.00 0.00 8.50 8.50 June ' 11 Growth(%)

121.90 98.35 88.42 68.04 63.06 4660.25 3.53134.10 113.73 110.67 115.07 111.76 224.38 (22.88)112.02 88.90 80.80 62.52 57.48 318.22 (18.37)

114.56 (39.33)156.17 28.36

25.37 15.68 7.36 9.72 15.90 138.81 42.1721.33 12.58 4.04 6.95 13.34 506.64 42.2313.01 1.53 13.25 1.13 10.44 6.83 8.66

Adjusted Cash Margin (%) 17.05 4.63 16.57 3.89 13.00 2.46 4.19ROCE (%) 12.23 7.64 (14.04) 10.22 6.88 2.98 2.17Dividend payout Ratio 8.54 0.00 0.00 60.06 94.95Debt/Equity 0.83 0.84 1.05 1.38 1.35 June ' 11 Growth(%)Fixed Assets Turnover Ratio 2.13 2.00 2.14 2.08 2.12 2377.34 (9.27)Current Ratio 1.40 1.18 1.16 0.83 0.96 125.36 (50.34)Quick Ratio 1.60 0.88 0.86 0.96 1.03 98.94 (81.99)Inventory Turnover Ratio 3.95 4.05 4.07 4.67 4.66 5.70 (98.70)Fin. Charges Cov.Ratio 26.44 18.99 2.35 4.46 11.33 (21.94) (105.26)Exports of Total Sales (%) 67.06 65.59 61.34 61.98 66.16 (16.32) (104.14)Import of Raw Mat.(%) 50.65 65.79 51.56 51.63 55.17 211.24 (23.75)

4.16 20.970.24 16.76(0.69) 15.03

December ' 10 December ' 09 December ' 08 December ' 07 June ' 11 Growth(%)18.09 2.78 8.36 3.07 6.27 1282.02 16.9973.45 7.50 431.32 (43.36) 41.20 44.74 (44.51)6.15 (6.15) 13.05 10.19 4.41 113.35 (27.69)91.13 118.91 (17.92) (37.02) 16.68 66.37 (39.94)100.26 219.98 (37.02) (46.29) 16.73 51.54 (31.40)104.68 1234.05 (79.45) (58.77) 18.26 57.02 (24.26)905.75 (88.15) 1176.11 (88.89) 11.06 150.37 89.74100.83 154.75 (269.14) 62.33 24.73 8.84 14.31

5.18 10.084.45 6.87

Year High Price Low Price High P/E Low P/E2011 611.75 414 50.84 34.412010 624.9 364.2 22.91 13.352009 538 133.15 39.53 9.78

Company Secretary & Compliance OfficerMr.Indrajit Banerjee President & Chief Financial Officer


Name DesignationDr.Tsutomu Une Chairman / Chair PersonMr.Akihiro Watanabe Director

NA NA

Mr.Percy K Shroff Director

Key Executives (Top Three)Name DesignationMr.S K Patawari GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


95.11 2.70 525.19RANK in 50 Stocks 39 45 46 41






5


Ranbaxy Laboratories LtdPharmaceuticals Daiichi‐Sankyo


Page: 45


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)0.00 0.00 0.00 0.00 2.25 2255896656 80.42

471.53 223.79 273.81 112.83 0.00 135226700 4.82297.16 126.88 200.34 87.39 1.37 4706461 0.17296.02 126.37 200.14 87.39 1.37 44094446 1.57253.67 124.67 198.38 81.67 0.55 61302800 2.19253.64 108.96 190.81 75.47 0.17 303899403 10.83274.55 273.23 248.90 94.67 0.16 2805126466 100

15896.57 14066.04 13792.81 13542.67 200.0621848.47 38370.43 35871.72 76693.59 0.00 Annual TTM17450.62 14066.04 13792.81 13542.67 200.06 79.12 112.94

85.23 81.16 78.18 67.41 67.27 1.35 NA58.86 55.30 55.84 61.14 53.57 NA 441.36

8578.32 7213.04 6282.71 8489.75 41.28 73.52 NA0.00 NA

0.97 1.14 1.04 0.41 0.010.98 1.14 1.04 0.41 0.010.00 0.00 0.00 0.00 0.00 June ' 11 Growth(%)56.67 58.69 57.55 59.92 10.00 48.78 34.050.00 0.00 0.00 0.00 0.11 330.17 (24.13)0.00 48.69 47.55 49.92 0.00 201.82 (32.08)

200.28 (32.34)135.99 (46.39)

NA NA NA NA 60.89 190.62 (30.57)NA NA NA NA 60.89 190.62 (30.57)NA NA NA NA 7.56 413.74 816.60

Adjusted Cash Margin (%) NA NA NA NA 7.56 410.58 813.44ROCE (%) 1.57 1.94 1.80 0.70 0.08 390.77 754.44Dividend payout Ratio 0.00 0.00 0.00 0.00 0.00Debt/Equity 0.09 0.00 0.00 0.00 0.00 March ' 11 Growth(%)Fixed Assets Turnover Ratio 0.00 0.00 0.00 0.00 0.03 33.73 1172.83Current Ratio 74.44 189.31 167.36 12.60 9.16 168.30 (36.93)Quick Ratio 74.44 189.31 167.36 12.60 9.16 81.04 (62.50)Inventory Turnover Ratio 0.00 0.00 0.00 0.00 0.00 80.30 (62.78)Fin. Charges Cov.Ratio 7.02 74.91 113.42 15.27 1.67 37.95 (82.41)Exports of Total Sales (%) 0.00 0.00 0.00 0.00 0.00 97.61 (44.83)Import of Raw Mat.(%) 0.00 0.00 0.00 0.00 0.00 97.61 (44.83)

240.26 8155.47238.07 8140.38289.39 6676.98

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)0.00 0.00 0.00 (100.00) (100.00) 13.72 (37.44)

110.70 (18.27) 142.67 0.00 0.00 105.78 33.9279.93 31.90 188.91 2789.77 188.00 92.19 247.62134.21 (36.67) 129.25 6278.83 193.26 91.60 250.69134.25 (36.86) 129.02 6278.83 193.04 69.66 2183.93103.47 (37.16) 142.90 14749.09 241.02 64.63 3.06132.78 (42.90) 152.83 44294.12 331.27 64.63 3.060.48 9.78 162.91 59068.75 343.51 671.94 120.93

667.64 119.11471.06 285.96

Year High Price Low Price High P/E Low P/E2011 162.1 76.85 238.54 113.092010 191 130 196.91 134.022009 210 89.45 184.21 78.46

Chief Executive OfficerMr.Ramaswami Kalidas Company Secretary & Manager


Name DesignationMr.Anil Dhirubhai Ambani Chairman / Chair PersonMr.S L Rao Director

NA NA

Mr.J L Bajaj Director

Key Executives (Top Three)Name DesignationMr.Jayarama Chalasani GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


1.00 1.20 445.89RANK in 50 Stocks 40 49 48 45






10


Reliance Power LtdPower ‐ Generation/Distribution ADA Ent. Group


Page: 46


RANK: Price


8133.72 7145.37 9474.22 8137.11 6226.1522273.17 22530.77 21889.30 24439.03 30341.96 Annual TTM8947.49 8182.99 12869.17 11338.98 9177.71 18.17 16.882983.88 3102.16 11031.19 7588.40 6770.97 2.64 NA100.96 42.98 1248.27 3026.31 1192.35 4.76 4.546910.25 6324.79 4609.10 4080.79 4274.70 12.26 NA

0.85 NA128.87 228.19 179.76 223.35 167.53148.09 266.49 229.61 261.89 202.2120.00 30.00 30.00 30.00 27.50 June ' 11 Growth(%)886.99 779.38 1033.88 888.05 679.62 4725.41 1.71492.33 898.53 1186.59 1117.21 942.83 338.42 13.650.00 768.31 1018.33 874.72 657.73 1910.46 5.14

1743.57 6.261697.61 6.42

40.25 35.84 25.55 32.25 29.41 1272.01 7.6436.34 31.58 21.35 28.80 25.73 1272.01 7.6425.61 20.77 14.53 18.36 16.45 40.43 39.11


37.90 40.8234.72 36.1624.95 26.13

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)(45.20) (24.27) 6.21 18.50 (12.18) 1043.94 (28.58)57.06 24.16 0.16 35.34 21.46 80.43 (5.45)(43.78) (33.19) 16.20 14.29 (12.99) 453.89 (22.13)(38.46) 6.23 (15.84) 29.93 (6.49) 418.82 (22.53)(36.93) 12.01 (21.25) 32.62 (5.90) 408.22 (22.58)(35.71) 13.79 (23.28) 34.58 (5.46) 314.13 (20.58)(32.43) 8.26 (15.92) 32.25 (4.05) 314.13 (20.58)(43.52) 26.95 (19.52) 33.32 (5.11) 43.48 39.88

40.12 36.9930.09 27.06

Year High Price Low Price High P/E Low P/E2011 2625 1981.2 18.92 14.282010 2952 1740 22.91 13.502009 2938 1121.5 12.88 4.91

Business DirectorMr.Lalit Naik Business Head


Name DesignationMr.Adesh Gupta CFO & Wholetime DirectorMr.Kumar Mangalam Birla Chairman / Chair Person

Mr.O P Puranmalka Business Head

Mr.R C Bhargava Director

Key Executives (Top Three)Name DesignationMr.K K Maheshwari GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


96.44 15.64 454.55RANK in 50 Stocks 41 43 28 44






10


Grasim Industries LtdDiversified Birlas (Aditya Vikram) Group


Page: 47


RANK: Price

December ' 10 December ' 09 December ' 08 December ' 07 December ' 06 Shares (%)7647.77 8021.59 7229.97 6894.79 5731.75 94429120 50.3205.72 136.17 211.59 142.24 89.57 28598980 15.231844.36 2699.28 1994.87 2083.67 1762.05 2609322 1.391451.68 2357.19 1700.69 1776.69 1501.20 25834888 13.761394.90 2272.89 1660.73 1702.82 1426.01 9798942 5.22970.75 1583.96 1136.13 1211.12 1056.91 26474104 14.11120.01 1606.73 1212.79 1438.59 1231.84 187745356 100

6469.49 6016.22 4927.73 4152.71 3142.9218760.96 17031.14 12608.32 12874.85 18830.57 Annual TTM6993.31 6583.14 5409.76 4459.12 3914.08 18.41 18.888076.95 6826.27 5835.67 5464.07 4816.25 3.19 NA1562.80 2156.21 1602.86 649.19 558.42 2.70 2.391702.67 1475.64 679.08 844.81 543.09 10.17 NA

2.78 NA59.66 85.58 64.62 76.67 65.7880.57 103.80 80.29 93.04 79.7030.50 23.00 20.00 20.00 15.00 June ' 11 Growth(%)344.21 320.11 262.28 221.09 167.64 8633.76 4.49407.35 427.27 385.22 367.48 306.06 142.56 25.48327.36 304.59 247.26 206.60 144.12 1912.66 0.77

1481.34 (0.34)1398.98 (1.27)

24.12 33.65 27.59 30.22 30.74 1092.21 (2.01)18.98 29.39 23.52 25.77 26.19 1092.21 (2.01)12.69 19.75 15.71 17.57 18.44 22.15 22.97

Adjusted Cash Margin (%) 17.83 24.01 19.78 22.02 22.99 17.16 17.99ROCE (%) 16.02 24.41 22.42 32.26 31.47 12.65 13.49Dividend payout Ratio 59.61 31.43 36.20 30.49 26.00Debt/Equity 0.08 0.09 0.09 0.07 0.24 June ' 11 Growth(%)Fixed Assets Turnover Ratio 0.95 1.19 1.25 1.26 1.19 4856.42 28.57Current Ratio 0.68 0.66 0.89 0.85 0.77 88.75 64.96Quick Ratio 0.42 0.41 0.60 0.55 0.60 1248.54 102.98Inventory Turnover Ratio 19.04 25.22 27.51 24.85 22.40 1020.21 147.55Fin. Charges Cov.Ratio 32.48 32.02 49.92 28.21 23.43 967.81 153.24Exports of Total Sales (%) 0.67 0.69 0.99 1.29 1.20 687.25 93.07Import of Raw Mat.(%) 13.74 15.72 9.83 6.49 3.00 687.25 93.07

25.71 16.2821.01 10.9114.15 9.42

December ' 10 December ' 09 December ' 08 December ' 07 June ' 11 Growth(%)(4.66) 10.95 4.86 20.29 5.94 2432.88 0.3951.08 (35.64) 48.76 58.80 18.09 47.21 13.6210.09 0.22 9.96 22.03 8.16 627.37 (6.39)(31.67) 35.31 (4.26) 18.25 0.92 511.55 (8.27)(38.41) 38.60 (4.28) 18.35 (0.67) 484.45 (9.00)(38.63) 36.86 (2.47) 19.41 (0.44) 336.58 (15.79)(38.71) 39.42 (6.19) 14.59 (1.69) 336.58 (15.79)(30.29) 32.48 (15.70) 16.78 (1.89) 25.79 27.65

21.03 23.0113.83 16.49

Year High Price Low Price High P/E Low P/E2011 1142.5 917 19.64 15.762010 1133.45 700 19.00 11.732009 928 469.1 10.84 5.48

Chief Commercial OfficerMr.Sunil K Nayak Chief Financial Officer


Name DesignationMr.Kuldip Kaura CEO & Managing DirectorMr.N S Sekhsaria Chairman / Chair Person

Mr.A K Pandey Chief Manager ‐ Procurement

Mr.Paul Hugentobler Deputy Chairman

Key Executives (Top Three)Name DesignationMr.J Datta Gupta GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


176.20 16.88 382.88RANK in 50 Stocks 42 34 23 47






10


ACC LtdCement ACC Group


Page: 48


RANK: Price


11588.81 7208.71 4517.78 2791.13 1506.3618222.81 34364.24 19105.49 8744.89 10496.40 Annual TTM12560.13 9134.51 4519.69 2791.13 1506.36 5.08 5.411214.55 836.80 739.27 637.82 596.78 1.50 NA654.15 68.01 48.19 15.85 15.94 2.12 2.539463.81 5478.64 3019.68 2000.44 867.81 3.54 NA

1.75 NA39.50 25.49 24.67 379.05 154.0640.45 26.18 25.23 389.86 162.013.50 3.25 2.25 45.00 40.00 June ' 11 Growth(%)

133.34 86.75 57.39 709.13 382.69 6878.25 (1.66)94.60 63.82 64.46 907.42 512.46 497.76 (3.36)132.31 85.75 56.38 699.03 372.63 4468.95 (5.26)

4378.01 (5.52)4288.21 (6.37)

62.69 60.57 66.16 71.85 59.88 3183.21 (12.23)61.68 59.48 65.29 70.65 58.33 3219.63 (9.87)41.37 35.83 40.92 40.91 29.87 64.97 67.44


66.42 63.7965.18 62.6846.54 55.54

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)55.04 4.50 42.08 77.07 32.45 1698.35 (39.25)100.76 12.84 183.56 59.72 59.31 133.33 (15.99)51.83 20.87 77.97 26.04 32.71 1047.26 (48.88)60.49 (4.34) 30.84 112.47 33.67 1025.18 (48.98)60.77 (4.80) 31.30 114.50 33.94 975.98 (51.10)78.46 (11.74) 25.32 146.23 37.19 672.98 (50.14)79.03 (8.49) 42.11 142.52 41.37 672.98 (50.14)62.07 9.04 30.19 146.04 41.44 61.66 73.28

60.36 71.8839.63 48.28

Year High Price Low Price High P/E Low P/E2011 346 195.3 9.34 5.272010 494.3 287 12.51 7.272009 418.3 67.25 16.41 2.64

AVP ‐ HSECMr.P K Mukherjee Chief Executive Officer


Name DesignationMr.P G Kakodkar DirectorMr.Kuldip K Kaura Director

Mr.C D Chitnis Company Secretary & Compliance Officer

Mr.Jagdish P Singh Director

Key Executives (Top Three)Name DesignationMr.M K Patil GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


140.37 27.47 371.89RANK in 50 Stocks 43 38 7 48






1


Sesa Goa LtdMining/Minerals MNC Associate


Page: 49


RANK: Price


7.40 14.39 7.60 10.23 5.19 684140950 46.773948.55 2885.16 3056.01 2356.64 1433.76 65387850 4.473915.85 2852.32 3035.81 2351.93 1429.68 213032560 14.561560.91 908.22 1008.86 902.42 574.64 363021928 24.821107.47 603.82 779.74 698.39 465.98 137188289 9.381277.15 1012.84 735.92 669.17 462.87 1462771577 100

10230.15 6823.11 6029.20 5454.38 2882.0351533.98 49873.36 37430.77 38803.71 31090.48 Annual TTM47367.42 33345.99 29618.73 27742.88 17771.02 13.00 15.35441.67 433.26 437.71 76.94 76.80 1.46 NA0.64 4.63 4.01 291.36 0.00 3.79 3.34

8107.42 5778.84 7578.39 5517.51 2497.61 13.05 NA1.81 NA

8.52 7.79 5.68 5.17 4.118.75 8.04 5.84 5.21 4.152.00 1.50 1.20 1.20 1.00 June ' 11 Growth(%)75.77 52.46 46.55 42.14 25.60 4851.36 6.7229.24 24.18 25.58 19.50 13.33 22.59 (1.48)43.17 28.06 25.51 23.46 8.16 4461.01 7.50

4195.93 8.161540.60 3.19

92.43 91.75 92.24 93.38 95.55 1054.80 1.4691.67 90.70 91.63 93.20 95.28 1054.80 1.4625.93 19.20 23.53 27.67 31.05 91.95 91.28


96.79 96.1890.27 90.9126.45 30.03

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)35.84 (5.09) 31.29 68.18 23.27 1297.01 (0.10)(48.58) 89.34 (25.71) 97.11 7.35 5.09 (1.17)20.71 3.44 49.41 146.26 35.66 1258.88 0.1636.86 (5.59) 29.68 64.37 22.46 1211.81 5.0537.29 (6.04) 29.08 64.51 22.33 458.18 (2.52)71.86 (9.98) 11.79 57.04 22.12 329.78 (4.84)83.41 (22.56) 11.65 49.88 18.90 329.78 (4.84)26.10 37.63 9.98 44.57 22.51 97.06 96.81

93.43 88.8525.43 26.69


Chief Financial OfficerMr.Mahendra N Shah Company Secretary & Compliance Officer


Name DesignationMr.Michael Fernandes Alternate DirectorMr.Deepak S Parekh Chairman / Chair Person

NA NA

Mr.Abdul Rahim Abu Bakar Director

Key Executives (Top Three)Name DesignationMr.Sunil Kakar GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


99.01 10.31 1051.71RANK in 50 Stocks 44 42 36 26






10


IDFC LtdFinance ‐ Term Lending Institutions Public Sector


Page: 50


RANK: Price


9397.37 8196.80 6390.70 4289.87 2564.0934714.91 42144.95 29640.90 39048.66 31922.56 Annual TTM31105.01 25963.28 19404.51 12524.15 7995.15 13.25 20.4414796.41 12847.14 8619.22 5166.24 4201.93 1.65 NA6352.68 5247.69 5763.37 4545.18 2228.13 1.20 1.176483.75 5576.26 4465.20 3224.83 1778.74 9.24 NA

1.10 NA5.49 8.04 7.58 5.20 18.928.35 10.21 10.19 6.94 26.380.80 1.08 1.00 1.00 3.60 June ' 11 Growth(%)44.19 40.01 56.58 39.25 131.04 13179.95 (0.28)60.85 47.38 48.73 33.96 158.19 105.69 2.030.00 29.81 43.68 28.65 93.78 3334.91 2.85

2705.21 2.691212.57 (2.23)

29.03 26.79 37.44 35.88 31.60 741.73 16.2524.33 22.21 32.08 30.76 26.89 757.00 (35.08)8.91 4.02 15.81 15.24 12.39 25.30 24.53

Adjusted Cash Margin (%) 13.61 8.59 21.17 20.36 17.10 20.53 19.93ROCE (%) 3.75 6.58 4.62 4.87 5.19 5.63 4.83Dividend payout Ratio 15.74 13.01 15.90 21.99 21.91Debt/Equity 2.31 2.17 2.10 2.12 2.12 March ' 11 Growth(%)Fixed Assets Turnover Ratio 0.87 0.78 0.67 0.77 0.82 6930.88 10.26Current Ratio 1.92 1.32 1.13 1.09 1.22 96.29 1219.04Quick Ratio 1.44 1.47 1.24 1.08 1.03 1793.68 23.81Inventory Turnover Ratio 4.12 11.15 7.75 6.83 3.83 1488.86 29.96Fin. Charges Cov.Ratio 2.69 2.33 3.69 3.72 3.68 745.93 50.91Exports of Total Sales (%) 0.27 0.40 1.20 1.85 1.27 535.83 360.81Import of Raw Mat.(%) 6.94 70.38 7.93 7.28 3.60 534.61 (15.34)

25.88 23.0521.48 18.237.73 1.85

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)28.54 74.50 45.00 14.71 30.13 3177.85 (20.20)216.02 (30.65) 47.41 155.01 52.46 5.41 (94.14)31.47 90.90 42.03 13.81 32.32 778.21 (17.50)39.28 24.84 51.32 30.23 27.93 606.11 (23.54)40.78 20.83 51.22 31.20 27.54 179.75 (53.67)62.71 (14.86) 50.69 32.34 22.54 107.21 (62.80)185.03 (55.65) 50.38 41.10 21.82 106.87 (64.61)(31.64) 90.45 47.13 46.94 22.99 24.49 23.69

19.07 19.913.37 7.24


CFO [Cement]Mr.Harish K Vaid Sr. President (Corp. Affairs) & Co. Secretary


Name DesignationMr.R N Bhardwaj DirectorMr.S C Bhargava Director

Mr.Gopal Das Bansal Sr. Vice‐President [Accounts]

Mr.B K Goswami Director

Key Executives (Top Three)Name DesignationMr.Ram Bahadur Singh GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


268.98 7.89 708.47RANK in 50 Stocks 45 29 41 34






2


Jaiprakash Associates LtdConstruction & Contracting Jaypee Group


Page: 51


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)12129.77 13554.60 15086.66 14792.05 12756.30 1400730060 67.86484.25 797.98 675.12 28.68 169.61 173535438 8.41906.14 2991.41 5905.05 6201.97 5682.62 13728504 0.67

(1949.48) 1480.17 3971.54 4358.31 3846.50 169319820 8.2(2127.59) 226.33 2818.30 3488.26 3389.95 64115972 3.11(2127.59) (1178.26) 1329.66 2094.60 2346.57 242597087 11.75(757.99) 478.93 4802.67 2586.45 2408.85 2064026881 100

48144.48 50498.89 51690.32 24840.03 20525.5446179.95 57121.97 81315.73 122655.64 135839.02 Annual TTM79597.22 74977.17 82593.93 45126.46 35093.38 NA NA40904.17 39838.17 37941.15 21576.32 20625.82 0.31 NA9907.66 1683.52 3643.86 7117.56 2185.60 1.22 1.2632102.13 31898.60 31364.75 13844.14 5434.43 50.96 NA

0.70 NA(3.67) 2.32 23.27 12.53 11.7810.16 9.64 32.64 21.46 20.760.50 0.85 0.80 0.75 0.50 June ' 11 Growth(%)

233.26 244.66 250.44 120.35 100.39 11787.20 (2.82)58.77 65.67 73.09 71.67 62.39 494.91 2.200.00 233.03 239.16 109.11 95.39 1090.77 20.38

(469.46) (31.78)(647.43) (25.26)

7.47 22.07 39.14 41.93 44.55 (545.91) (28.61)(16.07) 10.92 26.32 29.46 30.15 (539.18) (28.87)(17.54) (8.69) 8.81 14.16 18.40 9.25 7.47

Adjusted Cash Margin (%) 6.00 2.46 21.63 26.62 32.79 (3.98) (5.67)ROCE (%) (0.95) 0.64 5.81 5.73 6.86 (4.63) (6.30)Dividend payout Ratio 0.00 42.71 4.02 7.00 4.96Debt/Equity 0.65 0.48 0.59 0.81 0.70 March ' 11 Growth(%)Fixed Assets Turnover Ratio 0.29 0.62 0.76 0.77 0.69 5870.67 (6.21)Current Ratio 1.84 1.37 1.45 0.95 1.77 467.81 2745.56Quick Ratio 1.81 2.14 2.70 1.63 1.86 774.90 490.44Inventory Turnover Ratio 39.63 41.20 0.00 0.00 0.00 (42.55) (93.41)Fin. Charges Cov.Ratio 5.09 2.39 5.12 7.13 12.45 101.04 (110.45)Exports of Total Sales (%) 7.68 6.26 9.23 8.88 13.23 202.56 (120.94)Import of Raw Mat.(%) 0.00 0.00 0.00 0.00 0.00 209.29 (121.64)

13.20 2.10(0.72) (10.31)3.45 (15.45)

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)(10.51) (10.16) 1.99 15.96 (1.00) 2835.00 (2.03)(39.32) 18.20 2253.97 (83.09) 23.35 19.00 (94.56)3.05 15.26 14.36 18.99 10.08 311.00 (61.40)

(69.71) (49.34) (4.79) 9.14 (30.73) (61.00) (115.88)(231.71) (62.73) (8.87) 13.31 (187.29) (272.00) (158.37)(1040.04) (91.97) (19.21) 2.90 (191.10) (272.00) (147.93)(80.57) (188.61) (36.52) (10.74) (198.06) (272.00) (147.37)(258.27) (90.03) 85.69 7.37 (179.35) 10.97 27.84

(2.15) 13.27(9.59) 19.61

Year High Price Low Price High P/E Low P/E2011 149.9 71.7 NA NA2010 204.75 119.75 NA NA2009 359 131.35 154.74 56.62

Co. Secretary & ManagerNA NA


Name DesignationMr.Anil Dhirubhai Ambani Chairman / Chair PersonMr.Deepak Shourie Director

NA NA

Mr.A K Purwar Director

Key Executives (Top Three)Name DesignationMr.Prakash Shenoy GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


240.56 (1.13) 942.45RANK in 50 Stocks 46 30 50 30





In Rupees Crore 14809.39 11787.20 (1.13) 46179.95In US $ million 302.23

5


Reliance Communications LtdTelecommunications ‐ Service ADA Ent. Group


Page: 52


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)9403.25 9807.43 9640.16 6331.50 5752.47 127628646 48.09863.19 959.60 971.07 738.58 695.22 42449069 161690.91 1834.73 1405.47 1276.14 1192.33 7652047 2.881377.50 1514.89 1160.59 1053.20 952.27 47939404 18.071135.05 1222.68 830.09 744.44 701.95 10256228 3.86966.58 979.39 703.20 584.07 579.88 29444868 11.11080.91 1151.69 1138.88 1084.63 801.45 265370262 100

17667.51 14616.35 11317.70 11043.27 8641.3113586.91 28009.30 27793.44 40231.77 34273.43 Annual TTM21636.80 18731.25 18649.88 16052.31 14499.63 9.24 7.906205.97 7428.27 6922.69 6396.14 5898.36 0.57 NA649.25 602.27 564.42 568.92 288.49 1.06 0.90

12584.08 10019.57 12147.10 7664.36 2511.88 8.04 NA1.93 NA

40.41 47.03 50.39 45.86 35.0752.13 60.09 61.22 55.28 45.577.20 7.10 7.00 6.30 5.30 June ' 11 Growth(%)

660.54 618.66 526.71 496.01 408.59 11047.26 14.90351.56 400.52 426.51 267.68 251.72 442.02 (13.87)0.00 478.82 396.63 369.71 339.74 2062.43 21.97

1756.95 27.551518.84 33.81

17.98 18.71 14.58 20.16 20.73 1265.15 17.0414.65 15.45 12.04 16.63 16.55 1265.15 17.0410.28 9.99 7.29 9.22 10.08 18.67 17.59


17.86 17.3014.94 13.6813.45 8.91

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)(4.12) 1.74 52.26 10.07 10.33 3660.71 57.12(10.05) (1.18) 31.48 6.24 4.42 109.26 (61.18)(3.99) (2.97) 58.89 10.25 10.29 805.39 48.46(7.84) 30.54 10.13 7.03 7.24 736.46 56.64(9.07) 30.53 10.20 10.60 7.66 679.49 66.84(7.17) 47.29 11.51 6.05 10.09 430.49 (13.63)(1.31) 39.28 20.40 0.72 10.76 430.49 (13.63)(6.15) 1.12 5.00 35.33 6.17 22.00 23.29

20.12 20.1811.76 21.39




Name DesignationMr.R R Rai Additional DirectorMr.Anil Dhirubhai Ambani Chairman / Chair Person

NA NA

Mr.S L Rao Director

Key Executives (Top Three)Name DesignationMr.Ramesh Shenoy GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


225.45 7.16 277.28RANK in 50 Stocks 47 32 43 49






10


Reliance Infrastructure LtdPower ‐ Generation/Distribution ADA Ent. Group


Page: 53


RANK: Price

March ' 11 March ' 10 March ' 09 March ' 08 March ' 07 Shares (%)47957.24 35373.29 25660.67 28767.91 26664.25 187537926 34.84420.69 402.27 841.54 359.42 887.23 123788452 235126.41 4435.10 2564.64 3389.94 3473.74 8967125 1.673659.47 3257.20 1638.93 2673.28 2802.43 64725038 12.022275.68 2010.95 934.01 2201.72 2346.68 113393206 21.061890.98 1421.49 921.51 1654.17 1686.31 39910736 7.411811.82 2240.08 1001.26 2028.92 1913.46 538322483 100

19989.11 14779.15 12369.20 7813.99 6843.8024449.76 73721.43 35817.17 21969.35 33837.92 Annual TTM35887.86 31405.06 25534.76 14094.51 10852.94 5.47 5.4421883.32 18416.81 13905.17 10830.83 8775.80 0.49 NA4058.56 5232.15 6954.04 5064.96 2513.32 0.21 0.2022624.21 22336.90 12968.13 4910.27 2477.00 4.77 NA

12.82 NA28.55 39.26 19.48 52.63 49.6551.67 59.91 37.49 71.22 67.0720.00 15.00 6.00 15.00 15.00 June ' 11 Growth(%)315.34 259.44 241.11 203.34 178.25 49522.09 3.08755.69 619.98 499.23 746.24 691.91 229.48 25.22287.53 229.67 217.77 182.38 157.16 4705.50 (2.95)

3286.96 (5.75)2203.83 (5.97)

10.69 12.54 9.99 11.78 13.03 1896.08 (3.21)7.63 9.21 6.39 9.29 10.51 1819.82 0.443.94 4.02 3.59 5.75 6.32 9.50 10.09

Adjusted Cash Margin (%) 7.00 7.35 7.20 8.24 8.84 6.64 7.26ROCE (%) 5.05 7.13 3.92 14.40 17.63 3.83 4.08Dividend payout Ratio 80.96 44.28 34.52 32.51 35.34Debt/Equity 0.79 1.12 1.06 0.80 0.58 March ' 11 Growth(%)Fixed Assets Turnover Ratio 2.22 1.95 1.88 2.69 3.08 26120.13 19.16Current Ratio 0.52 0.44 0.43 0.64 0.85 36.44 (75.18)Quick Ratio 0.53 0.43 0.58 0.66 0.91 2451.20 2.25Inventory Turnover Ratio 13.86 13.50 13.47 14.44 13.26 1729.44 (1.64)Fin. Charges Cov.Ratio 3.70 3.56 3.64 7.19 7.62 1206.62 6.12Exports of Total Sales (%) 7.00 8.61 9.49 9.88 10.18 1068.32 19.95Import of Raw Mat.(%) 5.90 5.94 5.82 4.60 3.88 983.40 18.71

9.38 10.946.62 8.024.09 4.06

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)35.57 37.85 (10.80) 7.89 12.46 11897.89 (18.51)4.58 (52.20) 134.14 (59.49) (13.86) 115.52 272.2838.01 30.93 (6.99) 6.89 12.43 1082.11 (15.30)15.59 72.93 (24.35) (2.41) 8.09 716.97 (19.70)12.35 98.74 (38.69) (4.61) 5.48 463.82 (28.08)13.16 115.30 (57.58) (6.18) (0.61) 398.84 (36.47)33.03 54.26 (44.29) (1.91) 2.32 403.72 (29.58)(19.12) 123.73 (50.65) 6.03 (1.09) 9.09 8.75

6.03 6.123.35 4.30

Year High Price Low Price High P/E Low P/E2011 1334.3 137.65 46.53 4.82010 1381.4 645.1 48.39 22.602009 799.8 126 20.37 3.21

Chief (Strategic Sourcing)Mr.C Ramakrishnan Chief Financial Officer


Name DesignationMr.Ratan N Tata Chairman / Chair PersonMr.N N Wadia Director

Mr.H K Sethna Company Secretary & Compliance Officer

Mr.S M Palia Director

Key Executives (Top Three)Name DesignationMr.B B Parekh GOLD SPONSOR



GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End











Ratio Analysis EBT


1010.65 9.49 498.97RANK in 50 Stocks 48 6 38 42






2


Tata Motors LtdAuto ‐ LCVs/HCVs Tata Group


Page: 54


RANK: Price


1471.70 1724.53 2384.90 1680.03 784.43 588434 0.241457.37 1706.37 2363.68 1662.94 777.36 11318562 4.61200.76 415.45 1125.84 1254.33 734.73 10357729 4.22233.99 326.54 1016.84 1108.33 647.73 35179438 14.32229.27 339.42 968.02 1025.45 646.18 245632800 100

7027.69 6959.06 6806.44 6025.23 5161.2326661.50 30804.13 30005.64 50221.66 40795.08 Annual TTM25510.71 18917.21 20585.97 15350.81 6562.59 33.78 48.60157.34 211.20 351.63 336.24 298.63 1.10 NA110.03 82.25 93.79 17.45 14.60 4.21 3.32

11166.66 10676.04 8746.49 4715.39 2434.34 18.12 NA2.06 NA

9.33 13.82 39.41 41.75 26.319.92 14.56 40.27 42.44 26.596.50 6.50 6.50 5.50 3.50 June ' 11 Growth(%)

285.49 282.70 276.50 244.77 209.67 2329.31 26.5774.92 96.35 119.69 84.15 35.56 97.11 3.73(2.83) 233.68 228.78 209.29 182.47 1895.82 28.82

1721.23 31.25148.70 171.45

79.97 72.87 81.12 81.28 89.80 159.28 91.2479.19 72.10 80.40 80.45 88.99 159.28 91.2412.71 13.80 34.59 53.62 74.15 81.39 79.97


86.60 88.5881.62 75.4410.49 15.48

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)(22.24) (19.50) 42.23 136.61 16.07 703.65 (4.12)

1344.75 (83.94) 215.31 48.15 61.05 15.78 (63.45)(28.72) 8.94 48.92 308.84 36.44 619.51 (4.00)(14.66) (27.69) 41.96 114.17 13.41 602.53 (1.05)(14.59) (27.81) 42.14 113.92 13.39 145.45 67.51(51.68) (63.10) (10.24) 70.72 (22.85) 138.72 23.45(28.34) (67.89) (8.25) 71.11 (18.42) 138.72 23.45(32.45) (64.94) (5.60) 58.69 (18.72) 88.04 87.93

85.63 82.9819.71 15.31


OPM(%) GPM(%)



Quarter End

APATM(%)

NA NA

Dr.Bidhubhusan Samal Director

Key Executives (Top Three)Name DesignationMr.V R Mohan GOLD SPONSOR


NPM(%)


Company Secretary & ManagerNA NA


Name DesignationMr.Anil Dhirubhai Ambani Chairman / Chair PersonMr.C P Jain Director

Reported PAT



GPM(%)






Ratio Analysis EBT

OPM(%) GPM(%) NPM(%)



EBIDTAM(%) Adjusted PATEBITM(%)


47.54 2.27 544.11RANK in 50 Stocks 49 48 47 38






10


Reliance Capital LtdFinance & Investments ADA Ent. Group


Page: 55


RANK: Price


11239.99 10532.36 8643.50 8052.83 5990.958039.84 38092.60 28346.10 26054.18 22075.68 Annual TTM18229.27 16495.78 13890.56 11136.18 9666.47 2.52 2.4410518.92 10010.80 8985.86 6481.99 6229.71 0.21 NA1469.50 476.21 761.16 1681.74 781.05 0.34 0.347939.91 6688.62 5443.47 4430.00 3570.15 3.86 NA

12.52 NA39.67 39.93 41.65 39.42 35.2161.17 60.07 56.72 52.81 50.4612.50 12.00 11.50 10.50 9.50 June ' 11 Growth(%)473.60 443.79 390.33 364.84 302.70 6971.82 0.77291.54 299.37 327.74 267.77 248.54 613.62 24.320.00 372.15 308.95 278.20 215.63 2136.38 4.76

1619.85 5.931170.13 5.19

30.13 29.73 18.62 18.13 21.10 954.07 1.3422.76 23.00 14.02 13.12 14.96 970.72 0.0713.34 12.57 6.62 7.98 9.73 30.64 29.48

Adjusted Cash Margin (%) 20.71 19.29 11.22 12.98 15.87 23.23 22.10ROCE (%) 5.16 5.74 6.64 7.81 7.21 13.68 13.61Dividend payout Ratio 33.26 34.08 31.20 30.84 31.60Debt/Equity 0.62 0.56 0.60 0.38 0.61 March ' 11 Growth(%)Fixed Assets Turnover Ratio 0.65 0.70 0.80 0.91 0.78 3414.51 (2.55)Current Ratio 2.02 2.39 1.64 1.78 2.22 172.52 (46.27)Quick Ratio 1.81 2.17 1.77 1.75 2.00 916.40 (18.40)Inventory Turnover Ratio 11.00 18.98 15.49 18.70 6072.41 665.69 (22.91)Fin. Charges Cov.Ratio 4.51 5.02 4.15 6.23 5.55 436.80 (35.34)Exports of Total Sales (%) 1.70 0.78 4.47 0.31 2.12 420.78 (19.19)Import of Raw Mat.(%) 0.00 0.00 0.00 0.00 0.00 458.30 (10.44)

26.84 32.0519.50 24.6412.32 14.86

March ' 11 March ' 10 March ' 09 March ' 08 June ' 11 Growth(%)(2.61) (2.11) 22.80 20.15 7.06 1921.24 9.0095.60 11.35 49.68 (54.93) 8.00 247.58 183.661.58 (14.48) 22.90 18.33 4.79 675.43 35.28(1.30) 56.32 26.14 3.23 14.97 542.34 43.79(3.66) 60.61 31.18 5.40 16.43 429.93 66.78(8.33) 75.44 14.56 10.02 15.18 281.56 5.173.39 85.69 1.98 (1.53) 14.03 269.69 (9.57)(0.65) 2.76 6.01 24.84 6.20 35.16 28.33

28.23 21.4014.66 15.19

Year High Price Low Price High P/E Low P/E2011 1413 950.6 34.54 23.242010 1518.55 1193.1 38.28 30.082009 1487 602 37.24 15.08

Reported PAT

EV/EBITDADividend Yield


APATM(%)

NA NA

Mr.R Gopalakrishnan Director

Key Executives (Top Three)Name DesignationMr.H M Mistry Company SecretaryMr.B J Shroff Vice President


Name DesignationMr.R N Tata Chairman / Chair PersonMr.P G Mankad Director

EBT Adjusted PATAdjusted PAT

GPM(%) NPM(%)


OPM(%) GPM(%)



Quarter End

Reported PATReported PAT OPM(%)




Ratio Analysis EBT

Latest Result (TTM)Dividend Per Share (Rs.) TTM EndBook Value (Rs.) Net SalesSales Per Share (Rs.) Other Income

OPM(%) GPM(%) NPM(%)



EBIDTAM(%) Adjusted PATEBITM(%)

EPS (Rs.) Cash EPS (Rs.)


142.28 8.49 164.08RANK in 50 Stocks 50 37 39 50


Capital Employed P/EGross Block P/BCapital Work‐in‐progress P/SInvestment




10


Tata Power Company LtdPower ‐ Generation/Distribution Tata Group


GOLD SPONSOR


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Top Overview and RankName of the Company.Rank as per Market Capitalization*.Industry: Industry type under which the company is classified.Group: The Business group under which the company is classified.Capital Employed: Latest year’s total capital employed by the company**Face Value: Face Value of the share.No. of Equity Share: No. of Equity Share of the company (In Lakhs).Price: Price of NSE as per last day of the month.Market Cap: Market cap is determined as (Price X No. of Equity Share).TTM Sales: Trailing Twelve months sales of the company.ROE: TTM Adjusted PAT/ Net worthEnterprise Value: Market Cap + Debt ‐ Cash& Bank BalanceFinancial PerformanceYear End: The Financial year end of the companyNet Sales: Total Sales‐ExciseOther Income: Other Income by the companyEBIDTA: Earning Before Interest Depreciation Tax and AmortizationEBIT: Earning Before Interest and TaxEBT: Earning Before TaxAdjusted PAT: Profit After Tax but Before considering any Extra‐ordinary Nonrecurring items.Reported PAT: Profit after Tax with Extra‐ordinary Nonrecurring items.Net Worth: Share Capital+ Share Premium+ Free ReservesEnterprise Value: Market Cap + Debt ‐ Cash& Bank Balance***Capital Employed: Equity Capital + Preference Capital + Free Reserve + DebtGross Block: Total fixed assets at cost excluding Capital Work‐in‐ProgressCapital Work‐in‐progress: Capital Work in ProgressInvestment: Investment by the companyEPS (Rs.) : RPAT/No. of Equity ShareCash EPS (Rs.) : RPAT + All non‐cash Expenditure/No. of Equity ShareDividend Per Share (Rs.): Equity Dividend/ No. of Equity ShareBook Value (Rs.) : (Equity Capital + Reserve and Surplus)/No. of Equity share Sales Per Share (Rs.) : Net Sales/ No. of Equity ShareFree Reserves Per Share (Rs.) : Free Reserve/ No. of Equity ShareRatio AnalysisEBIDTAM(%): EBITDA/ Net SalesEBITM(%): EBIT/ SalesAPATM(%): APAT/ SalesAdjusted Cash Margin (%): Cash Profit/ Net Sales ROCE (%): RPAT/ Capital EmployedDividend payout Ratio: Equity Dividend/ RPATDebt/Equity: Total Debt/ EquityFixed Assets Turnover Ratio: Net Sales/ Fixed AssetsCurrent Ratio: Current Assets/ Current LiabilitiesQuick Ratio : Current Assets ‐ Inventory/ Current Liabilities ‐ OverdraftInventory Turnover Ratio: Net Sales/ Average InventoryFin. Charges Cov.Ratio: EBIT/ InterestExports of Total Sales (%): Export/ Total SalesImport of Raw Mat.(%): Import of Raw Material/ Total Raw MateriaRate of Growth:Annual Growth rate for last four yearCompounded Annual Growth Rate (CAGR) of last five yearsShare holding Information: Share holding pattern of the companyValuation RatioP/E: Price Earning ratio on year‐end TTM profitP/B: Price to Book value ratioP/S: Price to Sales ratioEV/EBITDA: Enterprise value to EBITDADividend Yield: DPS/PriceLatest Result (TTM, Half Yearly, Quarterly)Period End: Latest published periodGrowth: Growth over last periodNet Sales: Sales ‐ ExciseOther Income: Other Income of the companyEBIDTA: Earning Before Interest Depreciation Tax and AmortizationEBIT: Earning Before Interest and TaxEBT: Earning Before TaxAdjusted PAT: Profit After Tax but Before considering any Extra‐ordinary Nonrecurring items.Reported PAT: Profit after Tax with Extra‐ordinary Nonrecurring items.OPM(%) : Operating Profit MarginGPM(%) : Gross Profit MarginNPM(%) : Net Profit MarginOther Information:Top three Board of Directors and Key ExecutivesLast three year high low information

Data Notes: Except Banks

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Top Overview and RankName of the Company.Rank as per Market Capitalization*.Industry: Industry type under which the company is classified.Group: The Business group under which the company is classified.Capital Employed: Latest year’s total capital employed by the company**Face Value: Face Value of the share.No. of Equity Share: No. of Equity Share of the company (In Lakhs).Price: Price of NSE as per last day of the month.Market Cap: Market cap is determined as (Price X No. of Equity Capital)TTM Sales: Trailing Twelve months sales of the company. ROE: TTM Adjusted PAT/ Net worthEnterprise Value: Market Cap + Debt ‐ Cash& Bank BalanceFinancial PerformanceYear End: The Financial year end of the companyNet Sales: Total Sales‐ExciseOther Income: Other Income by the companyOperating Profit: Operating Profit by banking activityEBITDA: Earning Before Interest Depreciation and AmortizationEBT: Earning Before InterestAdjusted PAT: Profit after Tax without considering any non‐recurring itemReported PAT: Profit after Tax with non‐recurring itemNet Worth: Share Capital+ Share Premium+ Free ReservesEnterprise Value: Market Cap + Total external fund – Cash and Bank BalanceCapital Employed: Net worth+ Total External FundCash & Balances with RBI : Cash and Balances held with RBAdvances : Advances by Banks to its customerInvestment: Investment by BankEPS (Rs.) : RPAT/No. of Equity ShareCash EPS (Rs.) : RPAT + All non‐cash Expenditure/No. of Equity ShareDividend Per Share (Rs.): Equity Dividend/ No. of Equity ShareBook Value (Rs.) : (Equity Capital + Reserve and Surplus)/No. of Equity shareSales Per Share (Rs.) : Net Sales/ No. of Equity ShareFree Reserves Per Share (Rs.) : Free Reserve/ No. of Equity shareRatio AnalysisCapital Adequacy Ratio : Capital Adequacy ratio of the bankEBITM(%): EBIT/ SalesAPATM(%): APAT/ SalesFund based income(%): Income from loans and advancesFee based income(%): Income from other banking activityYield on Fund Advances : Yield of advancesBreak‐Even Yield Ratio : Yield that match fund raising costCost of Funds Ratio : Cost of FundBorrowings within India(%): Borrowing in IndiaBorrowings from outside(%): Borrowing outside IndiaDeposits within India(%): Deposit in IndiaDeposits Outside India(%): Deposit outside IndiaNet Profit Per Branch : Net profit per BranchDeposits Per Branch : Deposit per branchRate of Growth:Annual Growth rate for last four yearCompounded Annual Growth Rate (CAGR) of last five yearsShare holding Information: Share holding pattern of the companyValuation RatioP/E: Price Earning ratio on year‐end TTM profitP/B: Price to Book value ratioP/S: Price to Sales ratioEV/EBITDA: Enterprise value to EBITDADividend Yield: DPS/PriceLatest Result (TTM, Half Yearly, Quarterly)Period End: Latest published periodGrowth: Growth over last periodNet Sales: Income from banking activityOther Income: Other Income of the companyPersonnel Expenses : Employee expensesEBIDTA: Earning Before Interest Depreciation Tax and Amortization EBT: Earning Before TaxAdjusted PAT: Profit after Tax but before considering any Extra‐ordinary Nonrecurring items.Reported PAT: Profit after Tax with Extra‐ordinary Nonrecurring items.OPM(%) : Operating Profit MarginNPM(%) : Net Profit MarginCapital Adequacy Ratio: Capital Adequacy ratio of the bank Other Information:Top three Board of Directors and Key ExecutivesLast three year high low information

**** All figures are In crore ***** $ exchange rate as on last day of previous month

Data Notes: Banks

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About Tanay & PeuOur passion lies in the field of financial research & Investment management and we intend to apply our knowledge gained over a period of years through intense study and keen observation of the nuances of financial markets and instruments to real life scenarios. We possess expert knowledge of financial products and markets as evidenced by top notch qualifications earned by us , all in the first attempt and keep ourselves abreast with the latest happenings and innovations taking place in financial landscape.

1. Expertise in Portfolio Management, Product optimization, Product performance Analysis, Financial Reporting/ Planning, Cash Flow Analysis, Ratio Analysis, Budgeting, Forecasting, Mergers & Acquisition and knowledge of GAAP/ IFRS2. Possess Strong Financial Modeling skills including DCF, LBO and other techniques. Possess ability to research all asset classes in a broad range of industries and geographies.3. Strong equity research, finance, accounting and advisory and assurance experience4. Expertise in Technical analysis, fundamental analysis, developing trading systems.5. Conduct in‐depth financial analysis of company financials.6. Write analytical or trend based reports on companies, sectors or markets.7. Expert level application in Bloomberg, Thomson Banker, Factset, DataStream, Stock Val, Merger markets, Reuters Knowledge, Haver Analytics, Factiva, Pack Hedge,8. Building Excel/VBA based customized tools to perform detailed analysis.

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About Swastik Business Analytics:Swastik business analytics is a global provider of end‐to‐end Market, Business & financial Research solution and Data Management Services. With a unique blend of market knowledge, research expertise and flexible engagement models, we provide cost‐effective yet world‐class research services. Incorporated in Kolkata, India, Swastik Research Services has emerged as a trusted research partner to a large number of global firms who follow the outsourcing model for their research needs, as well as domestic and international firms wishing to understand the Indian market.

Our Mission is to strengthen the performance and reputation of our customers by managing and operating critical knowledge processes. To achieve these objectives we believe in leveraging our extensive domain expertise in targeted industry segments; attract, develop and manage outstanding talent and continue to expand our operational footprints to meet our clients’ needs.

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Compendium of Nifty 50- October Beta (1.0.0.1) Release

Economy & Finance

Transcript of Compendium of Nifty 50- October Beta (1.0.0.1) Release