For the period the Mafatlal Industries Ltd reported Net Sales of Rs 1381.02 million and Net Profit of Rs 74.03 million. While Net Sales rose by 152.60%, Net Profit grown by 113.96% and thereby NPM improved to 5.36% as compared to -97.03% during same period previous FY. Equity Capital for the period under consideration stands at Rs 98.14 million.
The directors present the annual report and audited statements for the year ending March 2011. Total two-wheeler and three-wheeler sales increased to 38,23,954 from 28,52,580, with exports increasing to 12,03,718 from 8,91,002. The dividend per share increased to Rs. 40 from Rs. 22 the previous year. The company plans to maintain production capacity for the next year. Development of a new 4-wheel vehicle is underway for a 2012 launch. Ratio analysis shows changes in gross profit margin, net profit margin, current ratio, and debt-equity ratio from 2010 to 2011. The annual report provides financial details of the company and subsidiaries.
5 Years on: Recruitment company shareprice performance sept 12th 2008 dateMarcus Panton
An updated and slightly more detailed analysis showing how 12 listed recruitment companies have performed since the market crash of 2008.
This analysis show's extra information such as headcount, market cap, interim report highlights (and a few low lights), 2013 performance, Q3 performance, graphs, charts and some simple observations.
I hope that if you work in recruitment, you will find this simple analysis of interest and hopefully it'll trigger some interesting conversations.
Note - Initially I put this together simply out of interest as an investor, trader and recruitment professional, it goes without saying that you should not base any investment decision on anything I have included in this analysis.
Gary Lang Buick GMC is excited to announce new tax deductions for business owners on new Buick models and new GMC models. Contact our Commercial Specialist, Jeff Lang, at 815-385-2100 for more information.
The document provides financial information for two automobile companies - Bajaj Auto Ltd and Hero Motocorp Ltd. It includes profit and loss statements, common sized analyses, and definitions of financial terms for the years 2012-2014. The common sized analyses show that while Hero Motocorp saw greater growth in net sales compared to Bajaj Auto, materials costs as a percentage of net sales decreased more for Bajaj Auto. The document also provides overviews of the two companies and defines relevant financial ratios for analysis.
Double Trouble for Top Stocks in FMCG SectorShailesh Saraf
For fast-moving consumer goods companies, it’s a double trouble. With companies just coming out of the demand shock post-demonetization, the rise in crude prices following production cuts announced by OPEC, comes as a new challenge. All the categories, except foods, are now witnessing cost inflation.
For the period the Mafatlal Industries Ltd reported Net Sales of Rs 1381.02 million and Net Profit of Rs 74.03 million. While Net Sales rose by 152.60%, Net Profit grown by 113.96% and thereby NPM improved to 5.36% as compared to -97.03% during same period previous FY. Equity Capital for the period under consideration stands at Rs 98.14 million.
The directors present the annual report and audited statements for the year ending March 2011. Total two-wheeler and three-wheeler sales increased to 38,23,954 from 28,52,580, with exports increasing to 12,03,718 from 8,91,002. The dividend per share increased to Rs. 40 from Rs. 22 the previous year. The company plans to maintain production capacity for the next year. Development of a new 4-wheel vehicle is underway for a 2012 launch. Ratio analysis shows changes in gross profit margin, net profit margin, current ratio, and debt-equity ratio from 2010 to 2011. The annual report provides financial details of the company and subsidiaries.
5 Years on: Recruitment company shareprice performance sept 12th 2008 dateMarcus Panton
An updated and slightly more detailed analysis showing how 12 listed recruitment companies have performed since the market crash of 2008.
This analysis show's extra information such as headcount, market cap, interim report highlights (and a few low lights), 2013 performance, Q3 performance, graphs, charts and some simple observations.
I hope that if you work in recruitment, you will find this simple analysis of interest and hopefully it'll trigger some interesting conversations.
Note - Initially I put this together simply out of interest as an investor, trader and recruitment professional, it goes without saying that you should not base any investment decision on anything I have included in this analysis.
Gary Lang Buick GMC is excited to announce new tax deductions for business owners on new Buick models and new GMC models. Contact our Commercial Specialist, Jeff Lang, at 815-385-2100 for more information.
The document provides financial information for two automobile companies - Bajaj Auto Ltd and Hero Motocorp Ltd. It includes profit and loss statements, common sized analyses, and definitions of financial terms for the years 2012-2014. The common sized analyses show that while Hero Motocorp saw greater growth in net sales compared to Bajaj Auto, materials costs as a percentage of net sales decreased more for Bajaj Auto. The document also provides overviews of the two companies and defines relevant financial ratios for analysis.
Double Trouble for Top Stocks in FMCG SectorShailesh Saraf
For fast-moving consumer goods companies, it’s a double trouble. With companies just coming out of the demand shock post-demonetization, the rise in crude prices following production cuts announced by OPEC, comes as a new challenge. All the categories, except foods, are now witnessing cost inflation.
Balkrishna Industries Q4FY14 operating performance was better than estimate on account of higher than expected volume growth at 19.8% during the quarter. Strong topline led to a 450bps YoY improvement in EBITDA margins to 25.8% with EBITDA for the quarter.
Benchmark indices closed lower led by a sharp fall in PSU banks. The Nifty was down 38.90 points at 10,500.90 as Nifty PSU Bank declined 5% with PNB falling over 10%. Asian markets also closed lower with Nikkei down 2.38% and Hang Seng down 3.2%. DLF reported reducing its debt to Rs. 5,513 cr. and aims to become debt-free by FY19 through fund infusion by promoters. Tata Power's Q3 profit is expected to decline 22% to Rs. 466 cr. due to higher interest costs and a tax reversal in the previous year.
Dabur India Limited is the fourth largest FMCG company in India with over Rs 6,146 crore in revenues. The company operates in key consumer product categories like hair care, oral care, health care, skin care, home care, and foods. This document analyzes various profitability, liquidity, turnover, and solvency ratios of Dabur India Limited from 2009-2013. The analysis shows that Dabur has good profitability and liquidity positions. Some ratios like inventory and debtors turnover were better in 2009-2010. The company's capital structure was inadequate as the long-term debt equity ratio did not meet standards.
This document provides an overview of a paint manufacturing company that is planning an IPO. It discusses the company's history since 2000, product portfolio, financial performance from 2016-2020, and plans for utilizing funds raised from the IPO. Key details include steady revenue growth, increasing profits and cash flows, a diverse product range offered under the brand "Indigo", and plans to use IPO proceeds for expansion and debt repayment.
- Kingfisher Airlines owes Rs 245 crore to Bharat Petroleum Corporation for aviation fuel purchases, though BPCL has stopped providing fuel on credit and now requires cash payment.
- Emami Ltd, which owns Zandu Balm, settled a copyright dispute with the producers of the film 'Dabangg' and will now use the song 'Munni Badnaam' in its promotional campaigns. It is also in talks about using the film's item number dancer Malaika Arora Khan as a brand ambassador.
- A report by the National Council of Applied Economic Research found that despite recent economic slowdown, the number of high-income households in India has surpassed the number of
Akzo Nobel India Ltd. reported an 8% increase in revenue for Q2 FY16 driven by higher volumes in decorative paints. Margins improved to 9.1% due to lower raw material costs. Net profit increased 15% to Rs 40.9 cr. While demand has been subdued, the company is focusing on product innovation and expanding distribution which is improving sales. The analyst maintains a 'Buy' rating given the company's strong brands and expectation that demand will gradually improve in urban areas.
HDFC raised its prime lending rate by 50 basis points to 14.25% effective September 1, 2010. SEBI lifted a ban on British bank Barclays, allowing it to facilitate investment in Indian stock markets. Cipla will decide in October whether to buy a stake of up to 25% in a South African drug maker that is Cipla's partner and the third largest in South Africa. Food inflation eased slightly to 10.05% due to a drop in food prices, while fuel inflation held steady at 12.57%.
According to a report by the National Council of Applied Economic Research, the number of high-income households in India has grown to exceed the number of low-income households, despite an economic slowdown in recent years. High-income households now make up around 21% of the population, while low-income households have fallen to 18%. Additionally, Kingfisher Airlines owes Bharat Petroleum Corporation Rs 245 crore for aviation fuel purchases, though Kingfisher has stopped buying fuel from BPCL and switched to a cash-only system. The government has also raised investment caps in government and corporate bonds, which could contribute to rising rates for infrastructure projects like roads, ports and power plants. Finally, Emami Ltd has settled a copyright
Asian Paints Limited is India's largest paint company based in Mumbai. The document analyzes Asian Paints' working capital management and profitability ratios from 2009 to 2013. It finds that while the company's sales have increased, it has been able to manage its daily operations with decreasing working capital. Asian Paints has maintained strong liquidity and profitability ratios over this period, demonstrating efficient working capital management despite sales growth.
Narayana Hrudayalaya (NH) was incorporated by renowned cardiac surgeon Dr. Devi Prasad Shetty in 2000. The company was started as a predominant cardiac care hospitals group initially. Gradually, it also diversified into other specialties although cardiac still remains the mainstream specialty. NH operates a network of hospitals, diagnostic centers, clinical or test centers. It offers medical, surgery and diagnostics and supports services.
The RBI raised interest rates more than expected to fight inflation, lifting the repo rate by 25 bps to 6% and reverse repo by 50 bps to 5%. This will increase bank borrowing costs and loan rates. Railways earnings increased over 6% in September from higher freight and passenger revenues. Four private equity funds are competing to acquire part of Honda's stake in Hero Honda Motors. Consumer durable makers decided against price hikes this festive season despite rising input costs. Air India obtained fleet insurance at a small premium despite high claims last year. Gold retailers expect 40% sales growth this festival season despite higher gold prices.
Capital Structure analysis of Tata MotorsVishrut Shah
The document analyzes the capital structure of Tata Motors over a 10-year period from 2004-2013. It finds that Tata Motors used a combination of equity and debt financing, with debt levels generally higher than industry standards. Higher debt provided tax benefits but also increased financial risk as seen by declining interest coverage ratios over time. While debt enhanced earnings in some years, returns on assets were typically lower than cost of debt, indicating capital structure did not consistently benefit shareholders through trading on equity. Overall, the document finds that Tata Motors' capital structure relied heavily on debt financing, which increased risk more than benefitted the company's financial performance.
ITC Limited is one of India's most valuable corporations, with a market capitalization of over $4.75 billion. It operates diverse businesses including cigarettes, hotels, paper, and fast moving consumer goods. ITC has strong corporate governance policies focused on shareholder value, transparency, and empowerment. The company's financial statements show consistent growth and improving profitability ratios over time, indicating strong financial health and performance. An analysis of ITC reveals the company is in a good financial position with a recommendation to invest in its stocks long-term.
The Indian equity markets ended the week on a mixed note, with the Sensex declining 0.89% while the Nifty closed 0.80% lower. Several companies such as Everest Industries, Emami, Gati, Visaka Industries, Equitas Holdings and Shoppers Stop have their concall scheduled for today. The markets will continue to watch out for developments around the French elections and movement in US bond yields.
Goodrich Corporation announced strong third quarter 2006 results with net income per diluted share growth of 63% and provided an updated full year 2006 outlook and initial outlook for 2007. Key highlights included:
- Third quarter 2006 sales increased 5% to $1.4 billion and net income per share was $0.80, up 63% over third quarter 2005.
- Full year 2006 sales outlook tightened to a range of $5.8-5.85 billion and net income per share outlook increased to $3.65-3.70, reflecting tax settlements.
- For 2007, sales are expected to increase 6-7% to a range of $6.1-6.3 billion and net income per share
Narnolia Securities Limited provides guidance on daily stock market. We assist customer in buying, holding and selling stocks based on analysis report. For more information visit our website http://www.narnolia.com/
This annual report summarizes Raymond Group's performance in 2017-2018. Some key points:
- J.K. Investors (Bombay) Ltd. and J.K. Investo Trade (India) Ltd. are the major shareholders.
- Vijaypath Singhania is the chairman and promoter.
- Raymond declared a dividend of Rs. 3 per share in the past year.
- The company's net profit ratio increased to 3.12% in 2018 from 1.14% in 2017 while return on equity increased significantly to 159.39% from 54.60% driven by higher profit margins and asset turnover.
The document compares the financial performance of Dabur India Limited and Godrej Consumer Products over the last 5 years. It analyzes key ratios for both companies and calculates their cost of capital and working capital models. Dabur has higher current, quick and cash ratios compared to Godrej. The document also finds Dabur's weighted average cost of capital to be 11% and inventory and receivables periods to be shorter at 43 and 16 days respectively, resulting in a lower cash cycle of 25 days compared to Godrej.
- The Indian equity market ended at record highs, with the Nifty gaining for the 10th straight session, its longest rally since April 2014.
- Asian shares extended losses after the Fed took an upbeat view of the US economy and signaled it remains on track to raise interest rates this year.
- Key Indian companies like BPCL and Dr. Reddy's saw their share prices rise, while others like Alstom T&D and ONGC saw their share prices decline after reporting earnings results.
This document analyzes the profitability and financial stability of YTL Corporation Berhad from 2012-2013 through various financial ratios. It finds that while profitability decreased slightly based on ROE, expenses were generally well-controlled. Financial stability remains strong with healthy working capital and interest coverage ratios, although debt levels are high. The summary recommends against investing currently due to lackluster profitability, despite an attractive share price and strong financial position otherwise.
Corporate Finance - Capital Structure and Market Timing - A study of Indian C...Kushal Agarwal
How market timing and source of resource mobilization affects capital structure. Also many a times capital structure dictates source and timing of mobilization.
Balkrishna Industries Q4FY14 operating performance was better than estimate on account of higher than expected volume growth at 19.8% during the quarter. Strong topline led to a 450bps YoY improvement in EBITDA margins to 25.8% with EBITDA for the quarter.
Benchmark indices closed lower led by a sharp fall in PSU banks. The Nifty was down 38.90 points at 10,500.90 as Nifty PSU Bank declined 5% with PNB falling over 10%. Asian markets also closed lower with Nikkei down 2.38% and Hang Seng down 3.2%. DLF reported reducing its debt to Rs. 5,513 cr. and aims to become debt-free by FY19 through fund infusion by promoters. Tata Power's Q3 profit is expected to decline 22% to Rs. 466 cr. due to higher interest costs and a tax reversal in the previous year.
Dabur India Limited is the fourth largest FMCG company in India with over Rs 6,146 crore in revenues. The company operates in key consumer product categories like hair care, oral care, health care, skin care, home care, and foods. This document analyzes various profitability, liquidity, turnover, and solvency ratios of Dabur India Limited from 2009-2013. The analysis shows that Dabur has good profitability and liquidity positions. Some ratios like inventory and debtors turnover were better in 2009-2010. The company's capital structure was inadequate as the long-term debt equity ratio did not meet standards.
This document provides an overview of a paint manufacturing company that is planning an IPO. It discusses the company's history since 2000, product portfolio, financial performance from 2016-2020, and plans for utilizing funds raised from the IPO. Key details include steady revenue growth, increasing profits and cash flows, a diverse product range offered under the brand "Indigo", and plans to use IPO proceeds for expansion and debt repayment.
- Kingfisher Airlines owes Rs 245 crore to Bharat Petroleum Corporation for aviation fuel purchases, though BPCL has stopped providing fuel on credit and now requires cash payment.
- Emami Ltd, which owns Zandu Balm, settled a copyright dispute with the producers of the film 'Dabangg' and will now use the song 'Munni Badnaam' in its promotional campaigns. It is also in talks about using the film's item number dancer Malaika Arora Khan as a brand ambassador.
- A report by the National Council of Applied Economic Research found that despite recent economic slowdown, the number of high-income households in India has surpassed the number of
Akzo Nobel India Ltd. reported an 8% increase in revenue for Q2 FY16 driven by higher volumes in decorative paints. Margins improved to 9.1% due to lower raw material costs. Net profit increased 15% to Rs 40.9 cr. While demand has been subdued, the company is focusing on product innovation and expanding distribution which is improving sales. The analyst maintains a 'Buy' rating given the company's strong brands and expectation that demand will gradually improve in urban areas.
HDFC raised its prime lending rate by 50 basis points to 14.25% effective September 1, 2010. SEBI lifted a ban on British bank Barclays, allowing it to facilitate investment in Indian stock markets. Cipla will decide in October whether to buy a stake of up to 25% in a South African drug maker that is Cipla's partner and the third largest in South Africa. Food inflation eased slightly to 10.05% due to a drop in food prices, while fuel inflation held steady at 12.57%.
According to a report by the National Council of Applied Economic Research, the number of high-income households in India has grown to exceed the number of low-income households, despite an economic slowdown in recent years. High-income households now make up around 21% of the population, while low-income households have fallen to 18%. Additionally, Kingfisher Airlines owes Bharat Petroleum Corporation Rs 245 crore for aviation fuel purchases, though Kingfisher has stopped buying fuel from BPCL and switched to a cash-only system. The government has also raised investment caps in government and corporate bonds, which could contribute to rising rates for infrastructure projects like roads, ports and power plants. Finally, Emami Ltd has settled a copyright
Asian Paints Limited is India's largest paint company based in Mumbai. The document analyzes Asian Paints' working capital management and profitability ratios from 2009 to 2013. It finds that while the company's sales have increased, it has been able to manage its daily operations with decreasing working capital. Asian Paints has maintained strong liquidity and profitability ratios over this period, demonstrating efficient working capital management despite sales growth.
Narayana Hrudayalaya (NH) was incorporated by renowned cardiac surgeon Dr. Devi Prasad Shetty in 2000. The company was started as a predominant cardiac care hospitals group initially. Gradually, it also diversified into other specialties although cardiac still remains the mainstream specialty. NH operates a network of hospitals, diagnostic centers, clinical or test centers. It offers medical, surgery and diagnostics and supports services.
The RBI raised interest rates more than expected to fight inflation, lifting the repo rate by 25 bps to 6% and reverse repo by 50 bps to 5%. This will increase bank borrowing costs and loan rates. Railways earnings increased over 6% in September from higher freight and passenger revenues. Four private equity funds are competing to acquire part of Honda's stake in Hero Honda Motors. Consumer durable makers decided against price hikes this festive season despite rising input costs. Air India obtained fleet insurance at a small premium despite high claims last year. Gold retailers expect 40% sales growth this festival season despite higher gold prices.
Capital Structure analysis of Tata MotorsVishrut Shah
The document analyzes the capital structure of Tata Motors over a 10-year period from 2004-2013. It finds that Tata Motors used a combination of equity and debt financing, with debt levels generally higher than industry standards. Higher debt provided tax benefits but also increased financial risk as seen by declining interest coverage ratios over time. While debt enhanced earnings in some years, returns on assets were typically lower than cost of debt, indicating capital structure did not consistently benefit shareholders through trading on equity. Overall, the document finds that Tata Motors' capital structure relied heavily on debt financing, which increased risk more than benefitted the company's financial performance.
ITC Limited is one of India's most valuable corporations, with a market capitalization of over $4.75 billion. It operates diverse businesses including cigarettes, hotels, paper, and fast moving consumer goods. ITC has strong corporate governance policies focused on shareholder value, transparency, and empowerment. The company's financial statements show consistent growth and improving profitability ratios over time, indicating strong financial health and performance. An analysis of ITC reveals the company is in a good financial position with a recommendation to invest in its stocks long-term.
The Indian equity markets ended the week on a mixed note, with the Sensex declining 0.89% while the Nifty closed 0.80% lower. Several companies such as Everest Industries, Emami, Gati, Visaka Industries, Equitas Holdings and Shoppers Stop have their concall scheduled for today. The markets will continue to watch out for developments around the French elections and movement in US bond yields.
Goodrich Corporation announced strong third quarter 2006 results with net income per diluted share growth of 63% and provided an updated full year 2006 outlook and initial outlook for 2007. Key highlights included:
- Third quarter 2006 sales increased 5% to $1.4 billion and net income per share was $0.80, up 63% over third quarter 2005.
- Full year 2006 sales outlook tightened to a range of $5.8-5.85 billion and net income per share outlook increased to $3.65-3.70, reflecting tax settlements.
- For 2007, sales are expected to increase 6-7% to a range of $6.1-6.3 billion and net income per share
Narnolia Securities Limited provides guidance on daily stock market. We assist customer in buying, holding and selling stocks based on analysis report. For more information visit our website http://www.narnolia.com/
This annual report summarizes Raymond Group's performance in 2017-2018. Some key points:
- J.K. Investors (Bombay) Ltd. and J.K. Investo Trade (India) Ltd. are the major shareholders.
- Vijaypath Singhania is the chairman and promoter.
- Raymond declared a dividend of Rs. 3 per share in the past year.
- The company's net profit ratio increased to 3.12% in 2018 from 1.14% in 2017 while return on equity increased significantly to 159.39% from 54.60% driven by higher profit margins and asset turnover.
The document compares the financial performance of Dabur India Limited and Godrej Consumer Products over the last 5 years. It analyzes key ratios for both companies and calculates their cost of capital and working capital models. Dabur has higher current, quick and cash ratios compared to Godrej. The document also finds Dabur's weighted average cost of capital to be 11% and inventory and receivables periods to be shorter at 43 and 16 days respectively, resulting in a lower cash cycle of 25 days compared to Godrej.
- The Indian equity market ended at record highs, with the Nifty gaining for the 10th straight session, its longest rally since April 2014.
- Asian shares extended losses after the Fed took an upbeat view of the US economy and signaled it remains on track to raise interest rates this year.
- Key Indian companies like BPCL and Dr. Reddy's saw their share prices rise, while others like Alstom T&D and ONGC saw their share prices decline after reporting earnings results.
This document analyzes the profitability and financial stability of YTL Corporation Berhad from 2012-2013 through various financial ratios. It finds that while profitability decreased slightly based on ROE, expenses were generally well-controlled. Financial stability remains strong with healthy working capital and interest coverage ratios, although debt levels are high. The summary recommends against investing currently due to lackluster profitability, despite an attractive share price and strong financial position otherwise.
Corporate Finance - Capital Structure and Market Timing - A study of Indian C...Kushal Agarwal
How market timing and source of resource mobilization affects capital structure. Also many a times capital structure dictates source and timing of mobilization.
It is a Report on Impact of Dividend Distribution Tax (1997) and Impact of Increase in DDT (2007) on the 212 Companies of different sectors of BSE. It is contributed by Radhika Gupta, Shivi Aggarwal, Sweta Agarwal, Saket Kumar Singh and Madhusudan Partani
The document analyzes the profitability and financial stability of YTL Corporation Berhad from 2012-2013 using various financial ratios. It finds that while the company's net profit margin and ability to pay interest increased slightly, its return on equity and ability to control expenses decreased. Additionally, the company has high total debt levels and inefficient inventory and debt collection times. Overall, the document recommends against investing in YTL Corporation Berhad due to its lack of good profitability despite strong financial stability and low share price.
ITC has experienced remarkable growth over the past 10 years, with its share price increasing from Rs. 34.71 in 2004 to Rs. 309.10 in 2013. The company has a strong financial position, with total assets of Rs. 22,354.25 crore and net worth of Rs. 22,287.85 crore as of March 2013. ITC has a diversified business portfolio spanning tobacco, hotels, paper, agriculture, and FMCG. It has a dominant position in the Indian tobacco market, with an 80% share, and is the largest company by market capitalization in the FMCG sector. The document provides an analysis of ITC's financials and business segments.
Suzlon Energy Limited is a leading global renewable energy solutions company headquartered in India. It has over 14,000 employees operating across 21 countries. Suzlon manufactures wind turbines and has manufacturing facilities across three continents. It is the third largest wind turbine manufacturer in the world and the market leader in Asia. Suzlon has seen strong revenue growth over the past few years but profitability has declined due to increased investment in expanding operations globally. The company is focused on reducing debt levels through liability management exercises.
Larsen & Toubro is an Indian multinational engaged in engineering, construction, and manufacturing with global operations. It was founded in 1938 in Mumbai. L&T addresses critical needs in key sectors for over 30 countries and has a strong presence in infrastructure, power, hydrocarbon, process industries, and defense. The report provides an overview of L&T's management, financial performance, SWOT analysis, and competitive comparison with ABB India and Gammon India, concluding that L&T has maintained stability in profits and dividends.
Maruti Suzuki India Ltd equity research report initiates coverage with a Buy rating and target price of Rs. 1474.96, representing 13% upside potential. The report cites MSIL's cheaper valuation compared to 30% expected EPS growth over two years. It also notes MSIL's dominant market share in India's car market and plans to increase production capacity. Globally, the report expects slow economic growth and stressed government finances for several years. Key risks include higher input costs and a slowing global economy.
WIG - June 2014 Annual Financial ReportBrad Sheahon
This document provides a summary of Wilson HTM Investment Group's performance and operations for the 2009 financial year. Some key points:
- NPAT was $2.2 million compared to $12 million in the previous year, impacted by losses on principal investments. Excluding these, established businesses reported NPAT of $7.4 million.
- Funds under management grew 21% to $6.4 billion, driven by net inflows to Pinnacle boutiques and the Next Financial acquisition.
- Capital markets revenue declined 41% to $51.7 million and profit before tax fell 80% to $2.5 million, due to lower transaction volumes in a difficult market.
- Investment management revenue fell 8
Market Share: Prestige is India’s brand leader in the kitchenware and appliances categories and commands a ~37% market share in pressure cooker category, 31% market share in the cookware category and ~10% market share in the appliances category.
This document discusses various topics related to fixed income markets in India, including liquidity, growth and inflation, fiscal trends, and external factors. It analyzes key drivers of liquidity in the banking system and how various RBI actions and government policies can impact liquidity levels. Aggregate demand drivers are examined, along with components of inflation and fiscal deficit calculations. External factors like the current account balance and capital flows are also summarized. Yield curves and triggers for potential steepening are discussed.
Capital restructuring & Fund Raising - HUL : Case StudyCA. Naman Khanna
The document discusses Hindustan Unilever Ltd's capital structuring and fund raising. It summarizes HUL's financial performance, noting that it is an unleveraged company with a high dividend payout ratio and return on net worth. The document also analyzes HUL's investments, noting they have grown at a 27% CAGR over 5 years. Finally, the document discusses an potential acquisition of REI Agro Ltd in the food processing sector to extend HUL's food portfolio.
The document provides details about a financial management project proposal submitted to Ms. Priya Malhotra. It includes an overview of Mahindra and Mahindra Ltd, the automobile industry, the impact of COVID-19, future prospects, Mahindra's product portfolio and new launches, financial performance analysis, and a comparison with other automakers. Mahindra reported a revenue decline in FY2020 due to lower sales, though the long term outlook remains positive if policies support consumption and electric vehicles. The analysis found the company maintaining stable equity levels but with lower profitability ratios.
This document provides a summary of India's Economic Survey from 2012-2013. It discusses key economic indicators such as GDP growth, inflation, sectoral growth. It analyzes factors affecting private investment and the current account deficit. It also discusses domestic savings, monetary policy tools used by RBI, and the role of public finance and fiscal indicators in India. Overall, it provides an overview of India's economic performance and policies during 2012-2013.
The document provides an overview of the Indian macroeconomic environment and corporate performance. Some key points:
- Interest rates are expected to remain higher than the last decade, with implications for economic growth and asset valuations.
- Indian corporate earnings growth has averaged around 11% annually over the last three decades, with periods of higher and lower growth. Sustaining 12-13% earnings growth over the next decade is possible given factors like government spending and economic reforms.
- Valuations of Indian equities have moderated and are at more reasonable levels compared to historical averages. Small and mid-cap stocks remain attractively valued relative to large caps.
The fund focuses on investing in companies with strong fundament
The document provides an overview of the Indian macroeconomic environment and corporate performance. Some key points:
- Interest rates are expected to remain higher than the last decade, with implications for economic growth and asset valuations.
- Indian corporate earnings growth has averaged around 11% annually over the last three decades, with periods of higher and lower growth. Sustaining 12-13% earnings growth over the next decade is possible given factors like government spending and economic reforms.
- Valuations of Indian equities have moderated and are at more reasonable levels currently compared to historical averages. Small and mid-cap stocks remain at a valuation discount to large caps.
The fund focuses on investing in companies with strong
The document provides an overview of the Indian macroeconomic environment and corporate performance. Some key points:
- Interest rates are expected to remain higher than the last decade, with implications for economic growth and asset valuations.
- Indian corporate earnings growth has averaged around 11% annually over the last three decades, with periods of higher and lower growth. Sustaining 12-13% earnings growth over the next decade is possible given factors like government spending and economic reforms.
- Valuations of Indian equities are high relative to history but have corrected and become more reasonable recently. Small and mid-cap stocks remain attractively valued relative to large caps.
- The fund focuses on investing in companies with strong
Similar to Case study of Williamson Magor & Company (20)
The document discusses the results of a study on the important factors to consider when managing organizational changes due to an acquisition or changes in organizational structure. Communication, transparency, and addressing rumors were found to be very important, while flexibility, compatibility, training, and addressing grievances were deemed less important for acquisitions. For organizational structure changes, communication, transparency, and addressing rumors were also important, while flexibility was more so, and compatibility, training, and addressing grievances were less important. The study analyzed responses from managers and executives across various industries to evaluate these change management factors.
Brand revitalization involves strengthening and adding value to a brand to prevent it from aging. It is important for companies to periodically revitalize their brands to stay relevant in today's market trends and to reposition their brand image. The ideal sequence of brand revitalization involves first developing a new mission or vision statement, followed by a new tagline for the company and potentially a new name or business model. Brand managers have various strategic options for revitalizing established brands to leverage the equity built over the brand's lifetime and prevent brands from dying due to neglect or consumer indifference.
Safelite Auto Glass is moving from an hourly wage system to a performance pay plan (PPP) to increase productivity. Under the new PPP, technicians and managers will be paid based on the number of windshields installed rather than hourly wages. To encourage higher productivity, the guaranteed minimum hourly rate will be reduced by 30% for technicians. Implementing the PPP with a smaller 10-15% reduction in the guaranteed rate is suggested to motivate employees while avoiding potential issues from too large a reduction. The PPP is aimed at increasing the number of windshield installations per week through incentivizing productivity.
Evolution of IT Consulting, Indian BPO industry, categorization, globalization, Green IT Consulting, Mobile App development, Health care consulting, Financial consulting, Management consulting
Starbrucks Group - An insight about Starbucks group, history, global presence, value proposition, services, competitors, product innovation, service innovation, success factors, consumer profile
IKEA Case study. An insight about IKEA establishment, history, success factors, product strategy, product pricing, store layout, services, SWOT analysis
The document provides an overview of e-retailing trends in the Asia/Pacific region through analyzing an online survey and making projections. Key findings include:
- 63% of respondents shopped online, highest in South Korea (83%) and Japan (83%). Top concerns about online shopping were security (65%).
- Most preferred payment was credit cards for convenience.
- Japan and South Korea had the highest online shopping penetration rates (83%). China had a low internet penetration (15.9%) but high online shopping rate (70%).
- Projections showed China's online shopping turnover growing to $113 billion by 2019, while India's grew to $661 billion, outpacing other countries.
5G is the fifth generation technology standard for cellular networks, which cellular phone companies began deploying worldwide in 2019, the planned successor to the 4G networks which provide connectivity to most current cellphones.
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2. COMPANY PROFILE
10th March 1949, Macneill & Barry Ltd. – Tea, Jute, Trading Divisions
1975, Macneill & Barry Ltd. + Williamson Magor & Co. Ltd. = Macneill & Magor Ltd – Tea, Trading Divisions
1992, Changed name Williamson Magor & Co. Ltd. – Tea manufacture & investments in group companies
1998, Williamson Magor & Co. Ltd. - Investment and Group Shareholding Company, hived off Tea business
Made an application to the Reserve Bank of India (RBI) for registering itself as a Non-Banking Financial
Company (NBFC)
Granted license to act as a NBFC by the RBI on 31st March, 2003 and since then the Company is in business
of investments and lending of funds.
3. Market Structure
Monopolistic Competitive, since there are large numbers of players in
Finance & Investment sector and there is a very high competition among
them.
Entry is not that much hard in this sector as large no. of players already
present there. As this is a monopolistic competitive market so Concentration
Ratio is not applicable.
Total no. of players: 46
Ranking of Williamson Magor according to market share: 32
4. Herfindahl index
Herfindahl index is a measure of the size of firms in relation to the
industry and an indicator of the amount of competition among them.
Herfindahl index is a measure of the degree of concentration in any
industry. Herfindahl index is calculated and mentioned below for Finance &
Investment sector:
HI = 1077.038815
5. Total Revenue v/s Total Cost Analysis
Period Mar-10 Mar-09 Mar-08 Mar-07 Mar-06 Mar-05
Total Revenue (TR)
(figures in cr) 27.31 20.82 22.11 44.1 55.45 93.34
Total Cost (TC)
(figures in cr) 30.42 25.35 22.77 12.05 16.2 44.56
9. REASONS FOR LOSS
Although the expenses were reduced substantially interest paid on loan
increased from Rs. 12.31 to Rs. 20.47 cr (FY2009-2010)
Loss due to provision of retirement benefits has been increased from Rs.
15.69 cr to Rs. 38.81cr (FY2008-2009)
Loss of Rs. 2.33 cr due to sale on investment
Increase in other liabilities to Rs. 3.2844 cr (FY2008-2009)
Increase in provision of doubtful debts of Rs. 5.7066 cr
Repayment of short term borrowings Rs. 1.2480 cr (FY2009-2010)
Interest paid on fixed loans Rs. 21.97 cr
Interest on loan increased drastically to Rs. 20.47 cr (FY2008-2009)
10. Suggestions
In the year 2009-10, repayment of Short Tem Borrowings was 1.21 cr
As the FDI has happened in NBFC, merger can happen with foreign establishment
Company should hold its assets and wait for them to appreciate