A complete financial analysis of two competitor companies - Ansal properties and Godrej using their financial ratios, Profit and Loss Statement as well as their Balance Sheet.

1. Financial Accounting Project
FINANCIAL STATEMENT ANALYSIS OF GODREJ
PROPERTIES LIMITED VS ANSAL HOUSING &
CONSTRUCTION LIMITED
Group 4
1.RANA SHABBIR (20DM168)
2.RUPAL BHARGAVA (20DM181)
3.PRIYAM VERMA (20DM161)
4.RISHABH NARANG (20DM174)
5.PRANAV KUMAR SAINI (20DM155)
6.SANYA ARORA (20DM188)

2. About the Company- Godrej Group
The Godrej Group comprises of a varied business portfolio that includes
real estate development, fast moving consumer goods, advanced
engineering, home appliances, furniture, security, and agri-care. While a
large number of our businesses are privately held, the combined market
cap of our publicly listed entities is in excess of USD 15 billion. Ranked as
the 2nd most trusted Indian brand, an annual revenue of USD 5 billion, and
an estimated 1.1 billion customers across the world that use one or
another Godrej product every day, the Godrej Group is amongst India's
most diversified and trusted conglomerates.

3. About Proxy Company - Ansal Housing and
Construction Limited
Ansal Housing Limited is one of the premier companies of the Ansal
Housing Group. The Company was incorporated on 22nd October, 1983 to
undertake Real Estate Development and construction of multi-storeyed
high-rise Residential / Commercial properties, Farm Houses etc.
Ansal Housing has always been the forerunner of real estate development
in Tier II and Tier III cities such as Meerut, Ghaziabad, Karnal, Alwar,
Jammu, etc. We have catered to the vast demand for residential and
commercial development in these cities for over 35 years proudly bringing
them today to an international standard of living.

4. Balance sheet- Godrej

5. Balance Sheet- Ansal Housing Construction Ltd.

6. Trend Analysis- Godrej

7. Trend Analysis Ansal

8. RATIO ANALYSIS

9. Godrej Ansal

10. Solvency Ratio
Ansal
Godrej
0
0.5
1
1.5
2
FY17 FY18 FY19
0.85 0.86
1.40
1.76 1.66
1.33
Debt to Equity Ratio
Ansal Godrej
0.93
0.54 0.55
1.66
0.89
2.86
0
0.5
1
1.5
2
2.5
3
3.5
FY17 FY18 FY19
Interest Coverage
Ansal Godrej

11. Liquidity Ratio
1.84
1.72
1.14
1.27
1.37
1.20
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
FY17 FY18 FY19
Current Ratio
Ansal Godrej
0.40 0.41
0.20
0.73
0.79
0.66
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
FY17 FY18 FY19
Quick Ratio
Ansal Godrej

12. ACTIVITY RATIO
Ansal
Godrej
0
20
40
60
80
100
120
140
160
180
FY17 FY18 FY19
74.36
134.76
173.85
61.18
49.40
26.91
Trade Recievable Collection Period
Ansal Godrej

13. PROFITABILITY RATIO
-2.28%
-10.52%
-5.41%
22.35%
29.88%
14.90%
-0.15
-0.1
-0.05
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
FY17 FY18 FY19
PAT Margin
Ansal Godrej
Ansal
Godrej
0
0.02
0.04
0.06
0.08
0.1
0.12
0.14
FY17 FY18 FY19
12.36%
8.67%
12.01%
4.74%
2.87%
11.69%
Return on Capital Employed
Ansal Godrej

14. CONCLUSION
On assessing whether to lend Godrej properties or not after analysis of financial health of the
company through its financial statement of past years the judgement we arrived is to provide loan to
the company. The reasons for reaching the judgement are as follows;
 The company has a steady revenue stream and shows consistent cash flow within the company.
 We consider Godrej properties to be quite efficient in being able to generate revenue by utilizing
its assets. It has a steadily increased for the latest financial years
 The interest coverage ratio of the company is also significantly higher that industry that means
that company is capable of paying off its debts
 Godrej also has very less number of days in Trade receivable collection period meaning that it is
able to procure payments quickly after a credit sale.
 The company has shown a better performance for almost all the areas as compared with the
industry.

15. THANK YOU