MS AR 2018 (1)

KEY OPERATING AND
FINANCIAL DATA
2018 2017 2016 2015 2014 2013 2012
Total Mild Steel Production (Metric Tons):
- Melting 211,934 116,207 99,657 59,557 46,732 19,845 26,198
- Re-rolling 251,950 241,773 245,675 180,230 112,771 36,443 46,052
Sales (Rs. In thousands)
Local Sales 22,207,995 18,030,941 18,317,200 10,605,375 3,723,039 1,509,445 928,123
Export Sales 17,848 735,926 666,279 1,635,897 2,249,634 2,419,069 2,729,299
Total Sales 22,225,843 18,802,811 18,983,479 12,241,272 5,972,673 3,928,514 3,657,422
Profitability (Rs. in thousands)
Gross profit 2,794,412 1,965,447 2,058,821 1,326,355 727,977 374,762 298,519
Profit before taxation 1,603,728 1,222,298 1,292,248 634,096 355,442 124,787 109,011
Profit for the year 1,290,215 990,760 893,412 659,166 362,593 127,883 106,896
Financial position (Rs. in thousands)
Fixed assets 6,304,748 4,250,866 3,908,262 3,285,942 2,865,375 2,417,188 1,131,782
Other non current assets 39,684 23,898 20,167 20,010 19,008 20,950 16,766
Total non current assets 6,344,432 4,274,764 3,928,429 3,305,952 2,884,383 2,438,138 1,148,548
Current assets 11,130,324 11,748,963 7,851,863 8,113,195 4,138,857 1,506,861 2,182,269
Less: current liabilities 8,408,467 8,743,576 5,861,637 6,811,927 3,618,325 1,520,279 2,123,833
Net working capital 2,721,857 3,005,387 1,990,226 1,301,269 520,532 (13,418) 58,436
Capital employed 9,066,289 7,280,151 5,918,656 4,655,434 3,454,364 2,448,517 1,910,120
Less: Non current liabilities 1,599,956 643,053 1,683,226 1,250,475 1,809,684 1,500,230 1,175,926
Shareholders equity 7,466,333 6,637,098 4,235,430 3,404,959 1,644,679 948,287 734,194
Share capital 2,515,997 2,515,997 1,257,998 1,093,912 820,412 820,412 586,396
Capital reserve 1,419,413 1,419,413 439,413 603,501 319,394 – –
Revenue reserve 2,606,886 1,477,651 2,112,329 1,224,519 504,874 127,875 147,798
Equity portion of sponsor shareholders loan – – 425,689 483,027 – – –
Equity contribution from Directors & their relatives 924,037 1,224,037 – – – – –
Represented by 7,466,333 6,637,098 4,235,429 3,404,959 1,644,679 948,287 734,194
Annual Report 2018
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