Equity Analysis

Particulars	Jul 1998	Jul 1997	Mar 1996	Mar 1995	Mar 1994
Debt-Equity Ratio	2.38	2.70	2.50	1.91	1.35
Long Term Debt-Equity Ratio	1.21	1.51	1.36	0.84	0.48
Current Ratio	1.59	1.56	1.43	1.20	1.06
Fixed Assets	1.12	0.89	0.83	0.70	0.63
Inventory	0.39	0.41	0.49	0.58	0.85
Debtors	52.29	34.96	35.57	39.07	28.77
Interest Cover Ratio	1.49	1.61	1.46	1.80	1.98
PBIDTM (%)	71.16	70.12	69.40	72.01	57.32
PBITM (%)	52.16	49.24	50.44	60.41	46.92
PBDTM (%)	36.07	39.46	34.86	38.45	33.62
CPM (%)	30.90	31.76	34.86	38.45	33.62
APATM (%)	11.90	10.88	15.90	26.85	23.22
ROCE (%)	19.87	17.80	19.25	23.37	19.07
RONW (%)	15.50	14.53	21.13	29.89	21.82