India's Top 500 Companies 2016

India's Top 500 Companies 2016


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


Particulars Formulae
EBITDAProfit Before Tax + Interest Expense + Depreciation and Amortisation Expense
EBITEBITDA – Depreciation and Amortisation Expense
EBITDA Margin (%)(EBITDA/Total Income) * 100
Net Profit Margin (NPM) (%)(Net Profit/Total Income)* 100
Return on Net Worth (%)(Net Profit/ Net Worth) * 100
Return on Assets(PAT/ Total Assets) * 100
Debt-to-Equity (times)(Total Debts) /Shareholder’s Fund
Shareholder’s FundEquity Share Capital + Preference Share Capital+ Reserves and Surplus – Accumulated Losses – Deferred expenses
Total DebtShort Term Debt + Long Term Debt + Current maturities of Long Term Debt
Total AssetsNon-Current Assets + Current Assets (excluding accumulated losses and deferred expenses)
Interest Coverage (times)EBIT/Interest Expense

The publication also includes terms and indicators specific to the banking sector.

Banking Indicators and Ratios

Particulars Formulae
Total BusinessTotal Advances+ Total Deposits
Total AssetsCash in hand + Balances with RBI + Balances with banks inside/outside India + Money at call + Investments + Advances + Fixed Assets + Other Assets
Net Interest MarginAs provided in Company’s Annual Report. If not provided, as provided by RBI
Net Interest IncomeTotal Interest earned – Total Interest expended
Net NPA RatioAs provided in Company’s Annual Report. If not provided, as provided by RBI
Return on Assets (ROA)As provided in Company’s Annual Report

Symbols used

#Annualised Financials
*Financials with Auditor’s Observations
^Abridged Annual Report
^^Company whose year ending has changed from 30th Sep 2014 to 31st Mar 2016.
PLProfit to Loss
LPLoss to Profit
LLLoss in Current and Previous Year
@The companies which have adopted different debt restructuring mechanisms such as joint lenders forum (JLF), 5:25 scheme, corporate debt restructuring (CDR) and strategic debt restructuring (SDR).