Alfa Laval (India) (Delisted) financials and balance sheet
BSE: 505885
Last traded ₹3,946.95 on 11 Apr 2012
Delisted on 19 Apr 2012.
5 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to December.Alfa Laval (India) annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹1,154 Cr, year to Dec 2011
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs.
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
Results for the year to Dec 2011
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue1,154
- Operating expenses−991
- Operating profit164
- Depreciation−14
- Other income+41
- Finance costs−0.1
- Profit before tax190
- Tax−60
- Net profit131
Profit and loss
Standalone, ₹ crore, years to December.Alfa Laval (India) quarterly results
| ₹ crore | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 |
|---|---|---|---|---|---|
| Revenue from operations | 695 | 799 | 888 | 836 | 1,154 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 568 | 664 | 699 | 680 | 991 |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. | – | – | 22 | – | 30 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 126 | 135 | 189 | 156 | 164 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 18.2% | 16.9% | 21.3% | 18.7% | 14.2% |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. | 8 | 10 | 13 | 13 | 14 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 119 | 125 | 176 | 144 | 150 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 19 | 12 | 12 | 23 | 41 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 1 | 0 | 1 | 1 | 0 |
| Profit before tax | 136 | 136 | 187 | 166 | 190 |
| Tax | 45 | 46 | 64 | 58 | 60 |
| Net profit | 91 | 90 | 123 | 108 | 131 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 13.2% | 11.3% | 13.9% | 12.9% | 11.3% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Dec 2007, Dec 2008 and Dec 2010 they do not, so they are left blank.
Ratios
Standalone, years to December.
| Ratio | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 |
|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. | – | 15.1% | 11.0% | −5.8% | 38.1% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. | – | 6.8% | 40.2% | −17.3% | 4.6% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. | – | −1.4% | 36.8% | −12.3% | 20.7% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 224.8 | 383.2 | 335.4 | 271.1 | 2,413.6 |
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Dec 2011.
| Measure | 5 years | 3 years |
|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | – | 13.0% |
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | – | 13.1% |
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly operating profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 17.8% | 18.1% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 12.5% | 12.7% |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly interest cover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 725.6 | 1,006.7 |
Accounting checks
Standalone, years to December. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 |
|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 32.91 | 33.63 | 34.10 | 34.79 | 31.45 |
A threshold marked as ours has no published figure; it is the line we read the check against.