Sectoral Analysis Most Represented Sectors Most Valuable Sectors Banking Industry in Top 500 Quarterly Updates Outlook Alphabetical Listing Region Wise Listing Sector Total Income Net Profit Net Worth Export NPM RoNW    Insights Insights I Insights II Insights III The changing face of Top 500 Overview     Preface|Foreword|Executive Summary|Methodology|Economy Update|Industry Insights|Definition & Calculations|Award Winners|Company Listing|Launch Event|Editorial Team|Sponsors Listing Ranking

Definitions & Calculations

This section defines financial terms and ratio used in this publication.

• Total Income - Refers to the revenue plus other income. The revenue is the net of excise duties, sales tax, inter-unit transfers and other government levies. Interest and subsidies are added to Total Income.
• Net Profit - Is profit after tax excluding impact of prior-period, exceptional and extraordinary items. Tax includes all provisions required and any other tax adjustment specifically mentioned.
• Net Worth - Is the sum of share capital, equity equivalents and reserves & surplus. Equity equivalents include share warrants, ESOP etc. Debit balance appearing in the profit and loss account, revaluation reserves, miscellaneous expenditure, and intangibles such as patents, goodwill, trademarks, copyrights, know-how, brands, licenses, rights, computer software and the likes are deducted from the Net Worth.
• Market Capitalisation - The companies were short listed on the basis of their market capitalisation on the Bombay Stock Exchange and the National Stock Exchange, India’s two main stock exchanges. An average of the market capitalisation for all trading days in FY09 was computed to arrive at the cut-off point for the short listing.
• EBITDA- Profit before tax plus interest plus depreciation and amortisation
• Net depreciation as mentioned in profit & loss account.
• Gross interest (Income) as mentioned in profit & loss account.
• Interest cost net of capitalisation wherever available
• Long Term Debts - Considered based on the nature specified and mentioned in the annual reports.
• Exports - Includes FOB value of exports, deemed exports, revenues from the services such as consultancy rendered outside the geographical boundaries of the country.
• Dividend - Interim, special and final dividend on equity shares.

Symbols used

* - Quantified auditor’s qualification
** - Auditor’s qualification not quantified
*** - Loss in current and previous year
LP - Loss to Profit
PL - Profit to Loss
# - Annualised financials
^ - Abridged annual report
n.a.- Not applicable
NA - Not available