IMSL Integrated Master Securities Pvt Ltd


Chairman	Jayanti M Patel
Managing Director	Ashish N Soparkar Natwarlal M Patel
Director	Ramesh M Patel Anand I Patel
Company Secretary	KAMLESH DINKERRAY MEHTA
Independent Director	Urvashi Dhirubhai Shah Manubhai Khodidas Patel Bhaskar Rao C S Liew
Addtnl Independent Director	Ganapati D Yadav

Balance Sheet

Particulars (Sources Of Funds)	Mar 2020 ( Cr)	Mar 2019 ( Cr)	Mar 2018 ( Cr)	Mar 2017 ( Cr)	Mar 2016 ( Cr)	Mar 2015 ( Cr)
Share Capital	25.43	25.43	25.43	25.43	25.43	25.43
Reserves Total	965.37	812.53	672.27	607.48	566.16	540.53
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	990.80	837.96	697.70	632.91	591.59	565.96
Secured Loans	263.87	326.53	311.54	337.69	362.01	377.28
Unsecured Loans	0.00	0.00	109.86	0.00	26.11	10.00
Total Debt	263.87	326.53	421.40	337.69	388.12	387.28
Other Liabilities	17.45	6.49	4.97	4.02	3.73	2.14
Total Liabilities	1272.12	1170.98	1124.07	974.62	983.44	955.38
APPLICATION OF FUNDS :
Gross Block	681.18	595.44	565.55	458.79	419.20	650.29
Less : Accumulated Depreciation	200.67	156.13	117.28	74.66	36.19	262.40
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	480.51	439.31	448.27	384.13	383.01	387.89
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	100.76	49.34	24.61	16.01	22.51	15.59
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	183.09	183.04	233.72	125.02	124.84	138.59
Current Assets, Loans & Advances
Inventories	296.54	363.61	232.65	209.04	263.87	180.82
Sundry Debtors	463.79	354.12	302.84	297.77	294.86	302.60
Cash and Bank Balance	8.28	3.13	1.88	9.19	9.68	11.21
Loans and Advances	78.47	87.28	112.11	120.19	93.25	111.29
Total Current Assets	847.08	808.14	649.48	636.18	661.67	605.92
Less : Current Liabilities and Provisions
Current Liabilities	325.83	272.00	203.21	184.25	189.20	149.16
Provisions	17.90	19.71	10.02	5.55	0.54	22.65
Total Current Liabilities & Provisions	343.73	291.71	213.23	189.80	189.74	171.81
Net Current Assets	503.34	516.43	436.26	446.38	471.92	434.11
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	6.68	5.50	3.48	7.13	-31.97	1.31
Deferred Tax Liability	34.49	46.39	44.52	34.61	-8.09	28.77
Net Deferred Tax	-27.81	-40.89	-41.04	-27.48	-23.88	-27.46
Other Assets	32.23	23.75	22.24	30.56	5.03	6.66
Total Assets	1272.13	1170.98	1124.06	974.63	983.44	955.38
Contingent Liabilities	36.46	35.12	53.26	84.01	125.99	167.43

Profit and Loss

Particulars(INCOME)	Mar 2020 ( Cr)	Mar 2019 ( Cr)	Mar 2018 ( Cr)	Mar 2017 ( Cr)	Mar 2016 ( Cr)	Mar 2015 ( Cr)
Sales Turnover	1624.65	1410.42	1260.47	1117.47	1030.17	1015.76
Excise Duty	0.00	0.10	26.18	71.27	71.05	67.57
Net Sales	1624.65	1410.32	1234.29	1046.20	959.12	948.19
Other Income	78.12	97.97	26.11	10.96	24.01	20.54
Stock Adjustments	-75.15	110.40	7.90	-59.98	27.05	-22.92
Total Income	1627.62	1618.69	1268.30	997.18	1010.18	945.81
EXPENDITURE :
Raw Materials	931.53	921.17	714.65	581.49	576.94	558.42
Power & Fuel Cost	93.15	92.37	95.52	81.35	93.15	93.46
Employee Cost	64.71	53.79	48.23	44.08	39.85	51.05
Other Manufacturing Expenses	68.36	70.23	81.25	60.91	65.59	39.24
Selling & Administrative Expenses	97.98	93.36	55.53	31.78	61.62	69.30
Miscellaneous Expenses	57.49	73.39	78.19	57.20	45.86	19.40
Less : Pre-operative Expenses Capitalised	0.00	0.00	0.00	0.00	0.00	0.00
Total Expenditure	1313.22	1304.32	1073.36	856.82	883.02	830.87
Operating Profit	314.39	314.37	194.94	140.36	127.17	114.93
Interest	31.42	45.89	30.87	36.42	41.31	47.66
Gross Profit	282.97	268.48	164.07	103.94	85.86	67.27
Depreciation	47.52	46.29	42.62	38.47	36.19	35.03
Profit Before Tax	235.45	222.19	121.45	65.47	49.67	32.24
Tax	54.87	53.16	31.02	23.01	13.29	2.70
Fringe Benefit tax	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax	-12.33	0.34	13.50	0.95	0.11	3.33
Reported Net Profit	192.92	168.69	76.93	41.51	36.28	26.22
Extraordinary Items	-1.06	29.86	-3.29	-2.48	-6.27	-2.98
Adjusted Net Profit	193.98	138.83	80.22	43.99	42.55	29.20
Adjustment below Net Profit	-4.47	-2.99	-1.97	-0.20	0.00	0.00
P & L Balance brought forward	541.20	415.93	359.15	317.83	294.78	293.47
Statutory Appropriations	0.00	0.00	0.00	0.00	0.00	0.00
Appropriations	47.60	40.43	18.17	0.00	13.27	17.09
P & L Balance carried down	682.04	541.20	415.93	359.15	317.79	302.60
Dividend	0.00	0.00	10.17	10.17	7.63	10.17
Preference Dividend	0.00	0.00	0.00	0.00	0.00	0.00
Equity Dividend %	100.00	100.00	40.00	40.00	30.00	40.00
Dividend Per Share(Rs)	1.00	1.00	0.40	0.40	0.30	0.40
Earnings Per Share-Unit Curr	7.59	6.63	3.03	1.63	1.43	1.03
Earnings Per Share(Adj)-Unit Curr	7.59	6.63	3.03	1.63	1.43	1.03
Book Value-Unit Curr	38.96	32.95	27.43	24.89	23.26	22.25
Book Value(Adj)-Unit Curr	38.96	32.95	27.43	24.89	23.26	22.25

Quarterly Results

Quarters :

Particulars	Dec 2020 ( Cr)	Sep 2020 ( Cr)	Jun 2020 ( Cr)
Gross Sales	445.05	425.50	294.79
Other Operating Income	0.00	0.00	0.00
Other Income	10.19	1.19	1.86
Total Income	455.24	426.70	296.65
Total Expenditure	354.92	324.23	239.63
PBIDT	100.32	102.46	57.02
Interest	12.33	1.77	6.21
PBDT	87.99	100.69	50.81
Depreciation	12.29	12.27	12.35
Tax	21.00	22.25	10.55
Fringe Benefit Tax	0.00	0.00	0.00
Deferred Tax	-1.18	0.42	-0.79
Reported Profit After Tax	55.87	65.75	28.71
Extra-ordinary Items	4.70	0.00	0.00
Adjusted Profit After Extra-ordinary item	51.17	65.75	28.71
EPS (Unit Curr.)	2.20	2.59	1.13
EPS (Adj) (Unit Curr.)	2.20	2.59	1.13
Calculated EPS (Unit Curr.)	2.20	2.59	1.13
Calculated EPS (Adj) (Unit Curr.)	2.20	2.59	1.13
Calculated EPS (Ann.) (Unit Curr.)	8.79	10.34	4.52
Calculated EPS (Adj) (Ann.) (Unit Curr.)	8.79	10.34	4.52
Book Value (Unit Curr.)	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00
Equity	25.43	25.43	25.43
Reserve & Surplus	0.00	0.00	0.00
Face Value	1.00	1.00	1.00
Public Shareholding (No. Of Shares)	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00
Pledged/Encumbered - No. of Shares	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00
Non Encumbered - No. of Shares	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00
PBIDTM(%)	22.54	24.08	19.34
PBDTM(%)	19.77	23.66	17.24
PATM(%)	12.55	15.45	9.74

Financial Ratios

Particulars	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016
Debt-Equity Ratio	0.32	0.49	0.57	0.59	0.67
Long Term Debt-Equity Ratio	0.08	0.20	0.22	0.15	0.20
Current Ratio	1.43	1.41	1.37	1.34	1.34
Fixed Assets	2.55	2.43	2.46	2.55	1.93
Inventory	4.92	4.73	5.71	4.73	4.63
Debtors	3.97	4.29	4.20	3.77	3.45
Interest Cover Ratio	8.49	4.98	4.93	2.80	2.41
PBIDTM (%)	19.35	19.49	15.47	12.56	13.17
PBITM (%)	16.43	16.21	12.08	9.12	9.66
PBDTM (%)	17.42	16.23	13.02	9.30	9.16
CPM (%)	14.80	13.13	9.48	7.16	7.64
APATM (%)	11.87	9.84	6.10	3.71	4.13
ROCE (%)	21.85	19.92	14.52	10.41	10.26
RONW (%)	21.10	18.08	11.56	6.78	7.35

Share Price

Year	High ()	Low ()	Close ()	P/E High	P/E Low	P/E Close	Mkt Cap.( In Cr.)
Aug 2021	94.50	85.50	94.50	12.39	10.14	12.39	2,403.27
May 2021	153.70	130.05	138.00	20.94	16.11	18.09	3,509.54
Apr 2021	148.25	112.00	141.05	20.43	12.82	18.49	3,587.10
Mar 2021	128.15	81.05	116.50	18.81	10.46	15.27	2,962.76
Feb 2021	89.90	76.70	81.05	12.72	9.96	10.63	2,061.22
Jan 2021	88.00	76.10	78.65	12.17	9.75	10.31	2,000.18

	303-304, New Delhi House, 27, Barakhamba Road, New Delhi-110001.
	011-43074307-30 \| Fax: 011-43074315
Compliance Officers: Ms. Sonam Sethi for Integrated Master Securities Pvt Ltd.
	011-43074317
	compliance@integratedmaster.com
	ceo@integratedmaster.com