S. NO Particular Page No.1 Introduction 12 Dupont Analysis 2-33 Cash Flow Analysis Excel Sheet
A Brief IntroductionSesa Goa Limited is multinational iron-ore producer and exporter with operations in thestates of Goa and Karnataka in India and in Liberia, West Africa. It is Indias largestproducer and exporter of iron ore in the private sector, with production of above 21million tonnes of iron ore in fiscal year 2010.For more than five decades, it has been engaged in exploration, mining and processing ofiron ore. The company was founded in 1954, as Scambi Economici SA Goa. Since then,it has grown to be one among the top low-cost producers of iron ore in the world. During1991-1995, it diversified into the manufacture of pig iron and metallurgical coke. It hasalso developed indigenous and environment-friendly technology for producing highquality metallurgical coke.In 2007, it became a majority-owned subsidiary of Vedanta Resources Plc, listed onthe London Stock Exchange, when Vedanta acquired 51% controlling stake from Mitsui& Co., Ltd. In June 2009, Sesa Goa Limited acquired VS Dempo & Co. Private Limited(now Sesa Resources Limited) along with its fully owned subsidiary Dempo MiningCorporation (now Sesa Mining Corporation Limited) and 50% equity in Goa MaritimePrivate Limited. In 2011, Sesa acquired 51% stake in Western Cluster Limited, Liberia.Sesa Goa Limited’s operations are located predominantly in Goa and Karnataka, withoffices in various locations across India. Its head office in India in Panaji, Goa, while itsLiberia office is in Monrovia and China office is in Shanghai.Du Pont Analysis
in Rs. CrMar 12 Mar 11 Mar 10 Mar 09 Mar 0812 mths 12 mths 12 mths 12 mths 12 mthsTotal Assets 16,512.32 12,560.13 9,134.51 4,519.69 2,791.13Equity ShareCapital 86.91 86.91 83.1 78.72 39.36Networth 12,913.19 11,588.81 7,208.71 4,517.78 2,791.13PBDIT 3,287.70 5,185.66 3,429.77 3,223.63 2,597.03Profit after tax 1,679.94 3,432.80 2,118.09 1,942.49 1,492.00Operating Profit 3,298.97 4,713.36 2,992.03 3,162.87 2,497.52Equity Dividend 347.64 315.23 270.06 177.13 177.13ROE: 0.130095 0.296217 0.2938237 0.4299656 0.5345505Interpretation : As we see in the ratio of ROE, the shareholder profitablity decrease year byyear so it create less interest to the shareholder.ROI: 0.199106 0.412867 0.3754739 0.7132414 0.9304583Interpretation : As we see in the ratio of ROI, In this ratio it represent the Investment of thecompany, as it decrease year by year so the company come in decline poistion.Retention Ratio 0.89 0.93 0.91 0.94 0.93ROA: 0.101739 0.273309 0.2318778 0.4297839 0.5345505Interpretation : In the ROA, It represent invesment of the company in the assets andearning from them, as we see in the ROA they are decrease year by year, so it definecompany are not investing in the assets.0.091018 0.25503 0.2109486 0.4057147 0.49663890.908982 0.74497 0.7890514 0.5942853 0.5033611IGR: 0.100131 0.342337 0.2673445 0.6826936 0.9866455Interpretation : Internal Growth Rate, it represent internal growth of the company, as wesee the IGR they also decrease year by year, the company are not invested in the internalfactors.
0.116386 0.276406 0.2673033 0.4058863 0.49663890.883614 0.723594 0.7326967 0.5941137 0.5033611SGR : 0.131716 0.38199 0.3648211 0.6831794 0.9866455Interpretation : Substainable growth rate, it represent The maximum growth rate that a firmcan sustain without having to increase financial leverage. It also decrease year by year sothe company.