- ITC Limited is a large Indian conglomerate company headquartered in Kolkata, employing over 26,000 people across various businesses.
- Between 1995-96 and 2012-13, ITC saw rapid growth and scale-up of its FMCG businesses, with net revenue increasing from Rs. 2,536 crores to Rs. 29,606 crores - a 17-year CAGR of 15.6%.
- ITC aims to make a significant contribution to India's financial, environmental, and social capital by creating multiple drivers of growth while sustaining leadership in tobacco and focusing on triple bottom line performance.
In this report you will be came to know about Tata Steel - when it was formed its future plans , its financial position based on the ratio analysis being done on the basis of their 3 years balance sheet and conclusion of the analysis
In this report you will be came to know about Tata Steel - when it was formed its future plans , its financial position based on the ratio analysis being done on the basis of their 3 years balance sheet and conclusion of the analysis
A Report On The Financial Analysis Of Hindustan Unilever Limited (HUL)Navitha Pereira
Hindustan Unilever Limited (HUL) is India's largest Fast Moving Consumer Goods company with a heritage of over 80 years in India. On any given day, nine out of ten Indian households use their products. In this report we do financial analysis of Balance Sheets and Profit & Loss A/Cs of the company. We also analyze the impact of demonetization and GST on the company and also look at the FMCG sector as a whole.
Volkswagen AG Financial Analysis - Submitted as a partial requirement for the fulfillment of Advanced Accounting course - MBA Degree - The German University in Cairo - Spring 2011 - Dr. Mowafak Mostafa
A Report On The Financial Analysis Of Hindustan Unilever Limited (HUL)Navitha Pereira
Hindustan Unilever Limited (HUL) is India's largest Fast Moving Consumer Goods company with a heritage of over 80 years in India. On any given day, nine out of ten Indian households use their products. In this report we do financial analysis of Balance Sheets and Profit & Loss A/Cs of the company. We also analyze the impact of demonetization and GST on the company and also look at the FMCG sector as a whole.
Volkswagen AG Financial Analysis - Submitted as a partial requirement for the fulfillment of Advanced Accounting course - MBA Degree - The German University in Cairo - Spring 2011 - Dr. Mowafak Mostafa
This particular project is based on ratio analysis of Coca-Cola International. I have analyzed two years financial performance of Coke i.e. from 2011 to 2012. I hope my this effort will help other interested students.
2017 holiday survey: An annual analysis of the peak shopping seasonDeloitte United States
Holiday retail spending is bucking trends this season with only one-third of holiday budgets going toward gifts. Online spending is expected to exceed in-store for the first time. In addition to gifts for others this year, spending on experiences and self-gifting increased. Explore more consumer spending trends in our 32nd annual holiday survey. For more: http://deloi.tt/2yH1VAn.
Ratio AnalysisFinancial ratios can be used to examine various as.docxcatheryncouper
Ratio Analysis
Financial ratios can be used to examine various aspects of the financial position and performance of a business and are widely used for planning and control purposes.
They can be used to evaluate the financial health of a business and can be utilised by management in a wide variety of decisions involving such areas as profit planning, pricing, working-capital management, financial structure and dividend policy.
Ratio analysis provides a fairly simplistic method of examining the financial condition of a business.
A ratio expresses the relation of one figure appearing in the financial statements to some other figure appearing there.
Ratios enable comparison between businesses.
Differences may exist between businesses in the scale of operations making comparison via the profits generated unreliable.
Ratios can eliminate this uncertainty.
Other than comparison with other businesses, it is also a valuable tool in analysing the performance of one business over time.
However useful ratios are not without their problems.
Figures calculated through ratio analysis can highlight the financial strengths and weaknesses of a business but they cannot, by themselves, explain why certain strengths or weaknesses exist or why certain changes have occurred.
Only detailed investigation will reveal these underlying reasons. Ratios must, therefore, be seen as a ‘starting point’.
Financial ratio classification
The following ratios are considered the more important for decision-making purposes:
Ratios can be grouped into certain categories, each of which reflects a particular aspect of financial performance or position.
The following broad categories provide a useful basis for explaining the nature of the financial ratios to be dealt with.
Profitability.Businesses come into being with the primary purpose of creating wealth for the owners. Profitability ratios provide an insight to the degree of success in achieving this purpose. They express the profits made in relation to other key figures in the financial statements or to some business resource.
Efficiency.Ratios may be used to measure the efficiency with which certain resource have been utilised within the business. These ratios are also referred to as active ratios.
Liquidity.It is vital to the survival of a business that there be sufficient liquid resources available to meet maturing obligations. Certain ratios may be calculated that examines the relationship between liquid resources held and creditors due for payment in the near future.
Gearing.This is the relationship between the amount financed by the owners of the business and the amount contributed by outsiders, which has an important effect on the degree of risk associated with a business. Gearing is then something that managers must consider when making financing decisions.
Investment.Certain ratios are concerned with assessing the returns and performance of shares held in a particular business.
Profitabi ...
Ratios and Formulas in Customer Financial AnalysisFinancial stat.docxcatheryncouper
Ratios and Formulas in Customer Financial Analysis
Financial statement analysis is a judgmental process. One of the primary objectives is identification of major changes in trends, and relationships and the investigation of the reasons underlying those changes. The judgment process can be improved by experience and the use of analytical tools. Probably the most widely used financial analysis technique is ratio analysis, the analysis of relationships between two or more line items on the financial statement. Financial ratios are usually expressed in percentage or times. Generally, financial ratios are calculated for the purpose of evaluating aspects of a company's operations and fall into the following categories:
· Liquidity ratios measure a firm's ability to meet its current obligations.
· Profitability ratios measure management's ability to control expenses and to earn a return on the resources committed to the business.
· Leverage ratios measure the degree of protection of suppliers of long-term funds and can also aid in judging a firm's ability to raise additional debt and its capacity to pay its liabilities on time.
· Efficiency, activity or turnover ratios provide information about management's ability to control expenses and to earn a return on the resources committed to the business.
A ratio can be computed from any pair of numbers. Given the large quantity of variables included in financial statements, a very long list of meaningful ratios can be derived. A standard list of ratios or standard computation of them does not exist. The following ratio presentation includes ratios that are most often used when evaluating the credit worthiness of a customer. Ratio analysis becomes a very personal or company driven procedure. Analysts are drawn to and use the ones they are comfortable with and understand.
1. Liquidity Ratios
Working Capital
Working capital compares current assets to current liabilities, and serves as the liquid reserve available to satisfy contingencies and uncertainties. A high working capital balance is mandated if the entity is unable to borrow on short notice. The ratio indicates the short-term solvency of a business and in determining if a firm can pay its current liabilities when due.
Formula
Current Assets - Current Liabilities
Acid Test or Quick Ratio
A measurement of the liquidity position of the business. The quick ratio compares the cash plus cash equivalents and accounts receivable to the current liabilities. The primary difference between the current ratio and the quick ratio is the quick ratio does not include inventory and prepaid expenses in the calculation. Consequently, a business's quick ratio will be lower than its current ratio. It is a stringent test of liquidity.
Formula
Cash + Marketable Securities + Accounts Receivable
Current Liabilities
Current Ratio
provides an indication of the liquidity of the business by comparing the amount of current assets to current liabilities. A business's curren ...
Financial analysis for juhayna & domty co . graduation project zagzig uni...Eslam Fathi
Financial Analysis is the process of selecting, evaluating, and identifying the financial
strength and weaknesses of the firm by properly establishing relationship between
items of financial statements. Firms, bank, loan officers and business owners all use
Financial analysis to learn more about a company’s current financial health as well as its
potential.
Analysing in terms of-
Liquidity Ratio
1. Current Ratio (Current Assets / Current Liabilities)
2. Liquid Ratio (Cash + Marketable Securities + Account Receivables) / Current Liabilities
Profitability Ratio
1. Gross Margin (Gross profit / Sales)
2. Net Profit Ratio (Net Profit / Net Sales)
3. ROE (PAT / Equity)
4. ROCE (EBIT/Capital Employed)
Solvency Ratio
1. Debt/Equity
2. Debt/TA
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
2. INTRODUCTION
Itc limited is a public conglomerate company head quartered in Kolkata .The Company is
currently headed by YogeshChanderDeveshwar. It employs over 26,000 people at more
than 60 location.
Rated by BCG amongst Top 10 consumer goods companies in the world in terms of total
shareholder returns (TSR) Suring 2005-2009.
Oneoftheforemostintheprivatesectorintermsof:
–Sustainedvaluecreation(BT-SternStewartsurvey)
–Operatingprofits
–CashProfits
Itc
is
the
onlyIndianFMCGCompanytofeatureinForbes
2000
List,
Acomprehensiverankingofworld’sbiggestcompaniesmeasuredbyacompositeofsales,profits,ass
ets&marketvalue.
ITC’s rankingamongst all listed private sector cos.
PBT: No. 6
PAT: No. 5
Market Capitalization: No. 3
ITC Performance Track Record
In Rs crs.
1995-96
Net Revenue
2,536
PBDIT
584
PBIT
536
PBT
452
PAT
261
Capital Employed
1,886
ROCE %
28.4
Market Capitalization
5,571
Total Shareholder Returns %
Sensex (CAGR 95-96 to 12-13): 10.7%
Rapid Scale up of FMCG businesses…
2012-13
29,606
11,566
10,771
10,684
7,418
23,569
45.7
244246
17-yr Cagr 95-96 to 12-13
15.6%
19.2%
19.3%
20.4%
21.8%
16.0%
24.9%
26.4%
3. ITC’s Vision
Makeasignificantandgrowingcontributiontowards:
Mitigating societal challenges
Enhancing shareholder rewards
By:
Creating multiple drivers of growth while sustaining leadership in tobacco and
Focusing on triple bottom line performance
Enlargecontributiontothenations
Financial capital
Environmental capital
Social capital
Creating world-class brands for Indian Consumers
4. Financial Statement Analysis
Financial analysis is the process of identifying the financial strengths and weaknesses of the
firm by property establishing relationships between the item of the balance sheet and the
profit and loss account.
Users of Financial Analysis
Trade creditors
Lenders
Investors
Management
Financial Ratio Analysis
A Liquidity Ratioprovides information on a company's ability to meet its short−term,
immediate obligations.
A Profitability Ratioprovides information on the amount of income from each dollar
ofsales.
An Activity Ratiorelates information on a company's ability to manage its resources
(that is, its assets) efficiently.
A Financial Leverage Ratioprovides information on the degree of a company's
fixedfinancing obligations and its ability to satisfy these financing obligations.
A Market Ratio describes the company's financial condition in terms of amounts
pershare of stock.
Liquidity Ratio
5. Itc have high liquidity ratios, the higher the margin of safety that the company possess to
meet its current liabilities. Liquidity ratios greater than 1 indicate that the company is in good
financial health and it is less likely fall into financial difficulties. Seen in all the years above
2013, 2012, 2011.
Current ratio indicates Itc's ability to meet short-term debt obligations. The current ratio
measures whether or not a firm has enough resources to pay its debts over the next 12 month.
Profitability Ratio
An increase in profit margin compared to the previous period's margin signals an
improvement in both operational efficiency and profitability means the company improved its
profits and efficiency. A margin higher than those of other companies or higher than the
industry average means Itc business performed better than those companies during that
period.
Activity Ratio
6. A high debtor turnover ratio implies either that the company operates on a cash basis or that
its extension of credit and collection of accounts receivable are efficient. Also, a high ratio
reflects a short lapse of time between sales and the collection of cash, while a low number
means collection takes longer.
A low inventory turnover ratio can be seen because of rescission but it is very well aligned
with FMCG industry average.
Leverage Ratio
A very high interest cover suggest that the company is not capitalizing on the relatively
cheaper source of finance (i.e. debt) and in such instances an increase in gearing ratio may
actually add value to the enterprise.
Interest coverage is an indication of the margin of safety it does not run the risk of nonpayment of interest cost which could potentially threaten its solvency.
Market Ratio
7. PE Ratios
Current Share
price
33.2
311.65
Generally, stocks that are expected to grow earnings will have a higher P/E, Itc companies
with high growth have a higher ratio. Itc with the higher P/E is said to be overvalued by the
market.
The share price should reflect a firm’s future value creation potential, greater value creation
can indicate greater future dividends from the company. A higher P/E ratio should reflect
greater expected future gains because of perceived growth opportunities and/or some
competitive advantages and/or lesser risk, but at the same time it indicates that the share price
is relatively more expensive.
Du Point Analysis
DuPont analysis tells us that ROE is affected by three things:
Operating efficiency, which is measured by profit margin
Asset use efficiency, which is measured by total asset turnover
Financial leverage, which is measured by the equity multiplier
ROA (%)
ROE (%)
ROCE (%)
Mar'13
23.55
36.21
52.45
Mar'12
22.65
35.58
51.66
The return on capital employed is another measure of the returns that thebusiness generates.
This is expressed as the ratio between the profit beforeinterest and taxes (PBIT) to the Capital
Employed (Loans and Owner’s Fund) in the business. The ROCE is increased to 52.45%
from 51.66% signifies that the company is gettinggood return out of its investment decisions.
The return on Total Assets is yet another method of calculating the return of the company.
This is calculated by taking the ratio between the PBIT (Profitbefore Interest and Taxes) to
the Total Assets of the company.Earning power of the company, i.e. 23.55%is quiet good and
the company isdoing well.
Comparative Balance Sheet Statement
8. Particulars
EQUITY AND LIABILITIES
Share Capital
Share Warrants &Outstanding’s
Total Reserves
Shareholder's Funds
Long-Term Borrowings
Secured Loans
Unsecured Loans
Deferred Tax Assets / Liabilities
Other Long Term Liabilities
Long Term Trade Payables
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
ASSETS
Non-Current Assets
Gross Block
Less: Accumulated Depreciation
Less: Impairment of Assets
Net Block
Lease Adjustment A/c
Capital Work in Progress
Intangible assets under development
Pre-operative Expenses pending
Assets in transit
Non-Current Investments
Long Term Loans & Advances
Other Non-Current Assets
Total Non-Current Assets
Current Assets Loans & Advances
Currents Investments
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets
Net Current Assets (Including Current
Investments)
Total Current Assets Excluding Current
MAR'12
(₹ Cr.)
MAR'11
(₹ Cr.)
781.84
Absolute
change
%Change
773.81
8.03
1.04%
18,010.05
18,791.89
0
0
77.32
872.72
15.52
0
107.12
1,072.68
15,179.46
15,953.27
0
0
86.58
801.85
20.82
0
93.82
1,003.07
2830.59
2838.62
0
0
-9.26
70.87
-5.3
0
13.3
69.61
18.65%
17.79%
0.00%
0.00%
-10.70%
8.84%
-25.46%
0.00%
14.18%
6.94%
1,424.84
3,371.27
1.77
4,303.95
9,101.83
28,966.40
1,395.31
3,067.77
1.94
4,012.46
8,477.48
25,433.82
29.53
303.5
-0.17
291.49
624.35
3532.58
2.12%
9.89%
-8.76%
7.26%
7.36%
13.89%
0
14,144.35
5,045.16
0
9,099.19
0
2,269.26
7.49
0
0
1,953.28
1,193.61
0
14,522.83
0
12,765.86
4,420.75
0
8,345.11
0
1,322.60
10.8
0
0
1,563.30
1,146.47
0
12,388.28
0
1378.49
624.41
0
754.08
0
946.66
-3.31
0
0
389.98
47.14
0
2134.55
0.00%
10.80%
14.12%
0.00%
9.04%
0.00%
71.58%
-30.65%
0.00%
0.00%
24.95%
4.11%
0.00%
17.23%
4,363.31
5,637.83
986.02
2,818.93
136.89
500.59
14,443.57
5,341.74
3,991.32
5,269.17
885.1
2,243.24
93.26
563.45
13,045.54
4,568.06
371.99
368.66
100.92
575.69
43.63
-62.86
1398.03
773.68
9.32%
7.00%
11.40%
25.66%
46.78%
-11.16%
10.72%
16.94%
10,080.26
9,054.22
1026.04
11.33%
9. Investments
Miscellaneous Expenses not written off
Total Assets
Contingent Liabilities
Total Debt
Book Value (in ₹)
Adjusted Book Value (in ₹)
0
28,966.40
287.08
89.12
23.97
23.97
0
25,433.82
255.17
99.2
20.55
20.55
0
3532.58
31.91
-10.08
3.42
3.42
Comparative Income statement
Parameter
Gross Sales
Less :Inter divisional transfers
Less: Sales Returns
Less: Excise
Net Sales
EXPENDITURE:
Increase/Decrease in Stock
Raw Materials Consumed
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
General and Administration Expenses
Selling and Distribution Expenses
Miscellaneous Expenses
Expenses Capitalised
Total Expenditure
PBIDT (Excl OI)
Other Income
Operating Profit
Interest
PBDT
Depreciation
Profit Before Taxation & Exceptional
Items
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
PAT
Extraordinary Items
Adj to Profit After Tax
Profit Balance B/F
Appropriations
Equity Dividend (%)
Earnings Per Share (in ₹)
Book Value (in ₹)
MAR'13
MAR'12
Absolute
change
Change
%
(₹ Cr.)
42,105.51
0
0
12,204.24
29,901.27
(₹ Cr.)
35,220.89
0
0
10,073.43
25,147.46
19.55%
0.00%
0.00%
21.15%
18.90%
-65.59
9,697.02
453.02
1,257.62
1,053.51
1,049.68
1,954.62
878.92
0
16,278.80
8,868.66
825.34
9,694.00
97.96
9,596.04
698.51
8,897.53
6,884.62
0.00
0.00
2,130.81
4,753.81
0.00
-180.76
2,615.11
97.09
129.39
103.51
184.71
133.70
-78.83
0.00
3,003.92
1,749.89
141.76
1,891.65
7.95
1,883.70
97.05
1,786.65
-246.35
12,312.13
550.11
1,387.01
1,157.02
1,234.39
2,088.32
800.09
0
19,282.72
10,618.55
967.1
11,585.65
105.91
11,479.74
795.56
10,684.18
0
10,684.18
3,265.79
7,418.39
0
0
1,972.59
9,390.98
525
9.39
28.14
0
8,897.53
2,735.16
6,162.37
0
0
548.67
6,711.04
450
7.88
23.97
0.00
1,786.65
530.63
1,256.02
0.00
0.00
1,423.92
2,679.94
75.00
1.51
4.17
0.00%
20.08%
19.40%
20.38%
0.00%
0.00%
259.52%
39.93%
16.67%
19.11%
17.41%
-275.59%
26.97%
21.43%
10.29%
9.83%
17.60%
6.84%
-8.97%
0.00%
18.45%
19.73%
17.18%
19.51%
8.12%
19.63%
13.89%
20.08%
0.00%
13.89%
12.51%
-10.16%
16.64%
16.64%
10. Common size Balance Sheet Statement
Particulars
EQUITY AND LIABILITIES
Share Capital
Share Warrants &Outstanding’s
Total Reserves
Shareholder's Funds
Long-Term Borrowings
Secured Loans
Unsecured Loans
Deferred Tax Assets / Liabilities
Other Long Term Liabilities
Long Term Trade Payables
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
ASSETS
Non-Current Assets
Gross Block
Less: Accumulated Depreciation
Less: Impairment of Assets
Net Block
Lease Adjustment A/c
Capital Work in Progress
Intangible assets under development
Pre-operative Expenses pending
Assets in transit
Non-Current Investments
Long Term Loans & Advances
Other Non-Current Assets
Total Non-Current Assets
Current Assets Loans & Advances
Currents Investments
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets
Net Current Assets (Including Current
Investments)
Mar'12
Mar'13
2.699127
0
62.17566
64.87479
0
0
0.26693
3.01287
0.053579
0
0.369808
3.703187
0
4.918941
11.63855
0.006111
14.85842
31.42203
100
3.042445
0
59.68219
62.72463
0
0
0.340413
3.152692
0.08186
0
0.368879
3.943843
0
5.486042
12.06177
0.007628
15.77608
33.33152
100
48.8302
17.41728
0
31.41291
0
7.834111
0.025858
0
0
6.743261
4.120671
0
50.13681
0
15.06335
19.46334
3.404013
9.731724
1.728175
49.86319
18.44116
0
50.19246
17.38138
0
32.81108
0
5.200163
0.042463
0
0
6.14654
4.507659
0
48.7079
0
15.69296
20.71718
3.480012
8.81991
0.366677
2.215357
51.2921
17.96057
11. Total Current Assets Excluding
Current Investments
Miscellaneous Expenses not written off
Total Assets
Contingent Liabilities
Total Debt
Book Value (in ₹)
Adjusted Book Value (in ₹)
34.79984 35.59914
0
100
0
100
Common size Income Statement
Particulars
Mar'13
Mar'12
Gross Sales
Less :Inter divisional transfers
Less: Sales Returns
Less: Excise
Net Sales
EXPENDITURE:
Increase/Decrease in Stock
Raw Materials Consumed
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
General and Administration Expenses
Selling and Distribution Expenses
Miscellaneous Expenses
Expenses Capitalised
Total Expenditure
PBIDT (Excl OI)
Other Income
Operating Profit
Interest
PBDT
Depreciation
Profit Before Taxation & Exceptional
Items
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
PAT
Extraordinary Items
Adj to Profit After Tax
Profit Balance B/F
Appropriations
Equity Dividend (%)
Earnings Per Share (in ₹)
Book Value (in ₹)
100.00
0
0
28.9849
71.0151
0
-0.58508
29.24114
1.306504
3.294129
2.747906
2.931659
4.959731
1.900203
0
45.79619
25.21891
2.296849
27.51576
0.251535
27.26422
1.889444
25.37478
100.00
0
0
28.60073
71.39927
0
-0.18622
27.53201
1.286225
3.570665
2.991151
2.980277
5.549604
2.495451
0
46.21916
25.18011
2.343325
27.52344
0.27813
27.24531
1.983226
25.26208
0
25.37478
7.756206
17.61857
0
0
4.684874
22.30345
1.246868
0.022301
0.066832
0
25.26208
7.765732
17.49635
0
0
1.557797
19.05415
1.277651
0.022373
0.068056
12. Trend Analysis
From the analysis we can see that co. isgrowing at steady rate and remarkablepoints are:
1. We can see below that company’s capital is increased by 105.33%, this is because of
issue of bonus shares in the year 2010-2011. This shows that the company’s owned
fund is increasing. Reserve and Surplus is constantly increasing which shows that the
company’s accumulated
2. Profits is increasing at a growing rate. It shows that company is making more profit.
3. By analysing sources of fund we can state that, company is more dependent on
owners fund rather than borrowed fund.
4. Investment is also growing at increasing rate. In last 4 years it has increased by
89.28%.
5. Current asset is increasing by 45.09%. This is due to increase in cash and bank
balance and other current assets.
6. Net income and expenses are increasing by 51.02% and 47.38% respectively. This
shows that the income of the co. is 3.64% higher than its expenses.
13.
14. Cross – sectional analysis
CAPITAL
NET
NET
EMPLOYED WORTH SALES
ITC
Hindustan
Unilever
Nestle India
United Spirits
Godrej
Consumer
Products
PBIT
PBT
PAT
DIVIDEND
21661
2,674
22288
2,674
29,901.27 11,566.21 10,684.18 7,418.39 4,148.46
25,810.21 5,219.05 4,957.88 3,796.67 3,999.99
1798
6391
2761
1798
6391
2761
8,326.55
8,585.10
3,581.02
1,856.37
1,211.99
680.72
1,552.62
483.99
632.96
1,067.93 467.62
320.8
32.7
510.94
170.16