Coal India is the largest Indian coal manufacturing company in terms of sales. Coal India Limited (CIL) as an organized state owned coal mining corporate came into being in November 1973 with the government taking over private coal mines. Coal India is single largest coal production in the world. COAL INDIA LIMITED HEAD OFFICE 10 Netaji Subhas Road, Kolkata West Bengal 700001, India Tel: +91 - 33 - 22488099, 22435147 Fax: +91 - 33 - 22435316 Web: www.coalindia.in, www.coalindia.co.in
Vision: To emerge from the position of domestic leader to leading global player in the energy sector by adopting best practices from mine to market with due care to environmental and social sustenance. Mission: Produce the planned quantity of coal efficiently and economically with due regard to safety, conservation & quality.
Industry group : Coal Mines Entity type : Public Ltd. Main product : Coal Ownership group : Coal India Ltd. Nature of Business: Coal Mining. Product Profile: Different Types of Coal. Employee: 3,83,347 Mines: 471
DIRECTORS DESIGNATIONShri N C Jha ChairpersonShri R Mohan Das Personnel & Industrial RelationShri N C Jha TechnicalShri A K Shinha FinanceMs. Zohra Chatterji GOVERNMENT NOMINEE DIRECTORS Additional Secretary, MOC, New DelhiSmt. Anjali Anand Srivastava Joint Secretary & Financial Advisor, GOI Ministry of Coal, New DelhiCA. Mitra Kundu & Basu Auditor.
VERTICAL STATEMENT ANALYSIS RATIO ANALYSISComparative financial statement :This statement analyzed total increased and decreased in Assets and Liability in therespective year and n the profit and loss statement.Here, the coal India is in coal mines industry.Common size statement :This statement taking 100 base in profit and loss statement on net sales and inbalance sheet taking 100 base as total assets and total liability.
Vertical analysis is the procedure of preparing and presenting common size statements. Vertical analysis is the proportional analysis of a financial statement, where each line item on a financial statement is listed as a percentage of another item. Typically, this means that every line item on an income statement is stated as a percentage of gross sales, while every line item on a balance sheet is stated as a percentage of total assets.
Single most important technique of financial analysis in which quantities are converted into ratios for meaningful comparisons, with past ratios and ratios of other firms in the same or different industries. Ratio analysis determines trends and exposes strengths or weaknesses of a firm.
Ratios March11 March10Profitability RatiosOperating Profit Margin(%) -19.2 -10.08Profit Before Interest And Tax Margin(%) -1.7 -1.14Gross Profit Margin(%) -20.41 -12.08Cash Profit Margin(%) 82.6 77.26Adjusted Cash Margin(%) 82.6 77.26Net Profit Margin(%) 85.35 79.59Adjusted Net Profit Margin(%) 85.35 79.59Return On Capital Employed(%) 23.92 22.92Return On Net Worth(%) 24.3 22.15Adjusted Return on Net Worth(%) 23.48 21.45Return on Assets Excluding Revaluations 30.77 27.01Return on Assets Including Revaluations 30.77 27.01Return on Long Term Funds(%) 23.92 22.92
Ratios March11 March10Liquidity And Solvency RatiosCurrent Ratio 3.09 3.22Quick Ratio 3.09 3.22Debt Equity Ratio 0.07 0.09Long Term Debt Equity Ratio 0.07 0.09Debt Coverage RatiosInterest Cover 24.48 11.59Total Debt to Owners Fund 0.07 0.09Financial Charges Coverage Ratio 22.36 11.01Financial Charges Coverage Ratio PostTax 22.22 10.8
BibliographyThe sources of analysis areProwess softwareSource : Dion Global Solutions LimitedManagement accounting Book T.P.GHOSH