Investor Informationاردو

Financial Highlights

	Rupees in Thousand
	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Profit and Loss Account
Sales - Net	11,526,866	11,229,275	7,554,429	5,914,249	9,053,741	6,044,111	5,025,401	4,890,041	4,841,940	5,952,659	6,091,802	6,390,922	6,455,848	4,774,324	4,237,268
Cost of sales	1,331,350	10,035,836	6,710,396	5,520,731	8,562,629	5,680,917	4,887,698	4,969,175	4,982,459	6,219,222	6,317,322	6,175,904	5,804,892	4,301,276	3,937,467
Gross Profit	195,516	1,193,439	844,033	393,518	491,112	363,194	137,703	(79,134)	(140,519)	(266,563)	(225,520)	215,018	650,956	473,048	299,801
Operating profit	(74,696)	864,498	604,317	341,768	342,664	234,689	(9,384)	(135,807)	(233,801)	(361,421)	(275,782)	125,266	515,795	288,930	264,307
Profit before tax	(168,954)	865,731	546,036	108,801	174,302	115,822	(123,064)	(270,919)	(401,098)	(479,858)	(357,747)	81,750	503,881	286,005	261,092
Profit after tax	(184,828)	861,092	292,065	33,510	54,975	64,553	(120,083)	(333,478)	(384,447)	(403,284)	(436,600)	20,939	332,262	207,802	196,632
Income tax - current	145,157	251,712	113,317	88,714	95,670	60,479	43,937	48,900	-	-	30,459	63,909	116,219	107,860	90,972
- prior years	(4,664)	613	537	453	574	266	(35,369)	-	-	(30,459)	565	(33,233)	(3,230)	(22,197)	(4,210)
- deferred	(124,619)	(247,686)	(140,117)	(13,876)	(23,083)	(9,477)	(11,549)	(13,659)	(16,651)	(46,115)	47,829	30,135	58,630	(7,460)	(22,302)
Dividend
Cash dividend	-	170,343	170,343	-	34,069	34,069	-	-	-	-		34,068	187,377	136,274	136,274
Cash Dividend Rate %age	-	50	50	-	10	10	-	-	-	-		10	55	40	40
Balance Sheet
Share Capital	340,685	340,685	340,685	340,685	340,685	340,685	340,685	340,685	340,685	340,685	340,685	340,685	340,685	340,685	340,685
Reserves	7,095,969	7,456,895	2,796,622	2,078,613	2,078,613	2,060,942	1,996,389	1,735,615	1,735,615	1,735,615	1,735,615	1,735,615	1,735,615	1,735,615	1,735,615
Shareholders equity	7,436,654	7,797,580	2,885,871	2,432,602	2,419,298	2,401,627	2,337,074	1,032,799	1,366,277	1,462,789	1,866,073	2,335,957	2,496,802	2,300,814	2,229,286
No. of Ordinary Shares/Numbers	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514	34,068,514
Non Current Liabilities	267,853	218,656	431,851	534,878	539,687	554,584	592,176	649,133	658,917	516,553	411,166	365,068	329,253	261,634	263,293
Current Liabilities	4,399,817	3,507,833	3,183,831	3,797,067	3,055,610	2,939,533	2,799,721	2,704,858	2,263,206	2,075,711	1,393,461	1,400,079	1,146,577	240,394	230,032
Property, Plant and Equipment	7,016,059	6,917,027	3,089,935	3,082,353	3,295,511	3,201,449	2,971,353	1,637,969	1,729,858	1,630,402	1,578,010	1,311,704	1,192,889	907,586	969,334
Capital Work-in-Progress	16,062	17,994	147,706	10,402	64,020	234,019	7,972	32,286	17,945	37,110	226,909	26,998	300,143	2,845	6,271
Long Term Investment/Loan/Deposits	4,281	4,281	4,281	4,281	4,396	4,396	4,396	4,361	4,361	4,361	4,281	4,281	4,281	36,334	140,984
Current Assets	3,954,602	3,755,348	2,805,337	3,110,413	2,252,188	2,252,399	2,353,222	2,360,398	2,229,181	2,420,290	2,088,409	2,558,210	2,748,464	1,558,779	1,609,448
Net Current Assets	(445,215)	(247,515)	(378,494)	(686,544)	(803,422)	(687,134)	(446,499)	(360,398)	(34,025)	344,579	694,948	1,158,131	1,601,887	1,318,385	1,379,416
Total Liabilities	12,104,324	11,524,069	6,501,553	6,764,547	6,014,595	5,895,744	5,728,971	4,386,790	4,288,400	4,055,053	3,670,700	4,101,104	3,972,632	2,802,842	2,722,611
Total Assets	12,104,324	11,524,069	6,501,553	6,764,547	6,014,595	5,895,744	5,728,971	4,386,790	4,288,400	4,055,053	3,670,700	4,101,104	3,972,632	2,802,842	2,722,611
Ratios Analysis
Gross profit (%)	1.70	10.63	11.17	6.65	5.42	6.01	2.74	(1.62)	(2.90)	(4.47)	(3.70)	3.36	10.08	9.91	7.08
Net profit (%)	1.60	7.67	6.00	0.57	0.61	1.07	(2.39)	(6.82)	(7.94)	(6.77)	(7.17)	0.33	5.15	4.35	4.64
Inventory turnover (Times)	14	12	8	7	10	7	8	8	6	7	6	4	4	7	5
Cash dividend per share - Rs.	-	5	5	-	1	1	-	-	-	-		1.00	5.50	4.00	4.00
Earning Per Share - Basic And Diluted Rs.	(5.43)	25.27	8.75	0.98	1.61	1.89	3.52	9.79	11.28	11.84	-	-	-	-	-
Debt : equity ratio	0 : 100	0 : 100	0 : 100	4:96	4:96	6:94	7:93	19:81	17:83	9:91	0:100	0:100	0:100	0:100	0:100
Break-up Value Per Share - Rs.	218.29	228.88	84.71	71.40	71.01	70.49	68.60	30.32	40.03	42.94	54.77	68.40	73.29	67.53	65.44
Market value per share at the end of the year - Rs.	19.00	38.00	34.00	13.20	27.55	29.50	19.25	8.98	12.00	17.10	23.30	25.66	41.50	33.00	29.45
Production Volume
Production Capacity (M.Tons)	22,100	22,100	22,100	22,100	22,100	22,100	22,100	22,100	22,100	22,100	22,100	22,100	22,100	22,100	22,100
Production Achieved (M.Tons)	30,860	35,458	26,493	38,495	31,578	31,181	31,951	26,859	28,491	30,855	34,957	35,250	33,991	34,318
Capacity Utilization (%)	140	160	170	120	174	143	141	145	121	129	140	158	160	154	155
Employees (Nos)	1,262	1,349	1,389	1,344	1,468	1,323	1,230	1,198	1,251	968	1,001	1,238	1,239	1,186	1,249