Analysis of all the important financial statements from FY2012-13 to FY2016-17. This is my analysis of the financial statements released by the company.
The document contains financial statements and ratios for Steel Authority of India Ltd. (SAIL) from 2014-2018. It includes income statements, balance sheets, sales forecasts, and key financial ratios like debt ratios, profitability ratios, and inventory turnover. The WACC is calculated as 3.52% based on a cost of equity of 20.67%, cost of debt of 5.57%, equity ratio of 4.8%, and debt ratio of 95.2%. The market return is also calculated based on monthly stock prices and BSE Sensex values from 2009-2016.
This document provides an overview of Bangladesh Lamps PHILIPS and presents common size statements for the company's financials from 2008-2012. It includes vertical and horizontal common size balance sheets and income statements. The vertical balance sheet shows percentages of items compared to total assets each year. The vertical income statement shows percentages of items compared to sales each year. The horizontal statements show each item as a percentage of the base year (2008). Averages and standard deviations are also calculated.
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
The financial document provides an analysis of the company's profitability, sales, expenses, profits, ratios and other financial metrics over multiple periods from 2014-15 to 2011-12. It shows that most metrics like net sales, profits and ratios have declined substantially in the most recent period of 2014-15 compared to previous periods. A quarterly analysis of the current fiscal year also shows declining sales and profits in the most recent quarters.
Tata Motors is India's largest automobile company, established in 1945. It has revenues of Rs. 35651.48 crores in 2007-08 and is a leader in commercial vehicles and among the top 3 in passenger vehicles. It is the 4th largest truck manufacturer and 2nd largest bus manufacturer globally. Over the years, Tata Motors has expanded its product portfolio, acquired foreign brands like Jaguar and Land Rover, and increased its global presence through strategic partnerships and acquisitions. It currently employs over 23,000 people worldwide.
This document analyzes the financial statements of Atlas Honda Limited from 2011 to 2006. Some key details:
- Atlas Honda is a joint venture between Atlas Group and Honda Motor Co. that manufactures motorcycles in Pakistan.
- Net profit after taxation increased 27% from 2010 to 2011, reaching Rs. 10 billion. Gross profit margin was stable around 7.5% over this period.
- Total assets grew 13% to Rs. 96 billion in 2011. Non-current assets made up 34% of total assets. Current assets increased 20% in 2011, with investments and cash/bank balances seeing strong growth.
- Equity increased 18% to Rs. 46 billion in 2011.
The document analyzes various financial ratios of Tata Motors over several years from 2004-2008. It shows that the gross profit ratio, net profit ratio, and return on networth have generally decreased from 2004 to 2008. However, the debt-equity ratio and operating ratio have increased in this period. The document also provides details on the company's profit and loss account and balance sheet over these years.
The document contains financial statements and ratios for Steel Authority of India Ltd. (SAIL) from 2014-2018. It includes income statements, balance sheets, sales forecasts, and key financial ratios like debt ratios, profitability ratios, and inventory turnover. The WACC is calculated as 3.52% based on a cost of equity of 20.67%, cost of debt of 5.57%, equity ratio of 4.8%, and debt ratio of 95.2%. The market return is also calculated based on monthly stock prices and BSE Sensex values from 2009-2016.
This document provides an overview of Bangladesh Lamps PHILIPS and presents common size statements for the company's financials from 2008-2012. It includes vertical and horizontal common size balance sheets and income statements. The vertical balance sheet shows percentages of items compared to total assets each year. The vertical income statement shows percentages of items compared to sales each year. The horizontal statements show each item as a percentage of the base year (2008). Averages and standard deviations are also calculated.
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
The financial document provides an analysis of the company's profitability, sales, expenses, profits, ratios and other financial metrics over multiple periods from 2014-15 to 2011-12. It shows that most metrics like net sales, profits and ratios have declined substantially in the most recent period of 2014-15 compared to previous periods. A quarterly analysis of the current fiscal year also shows declining sales and profits in the most recent quarters.
Tata Motors is India's largest automobile company, established in 1945. It has revenues of Rs. 35651.48 crores in 2007-08 and is a leader in commercial vehicles and among the top 3 in passenger vehicles. It is the 4th largest truck manufacturer and 2nd largest bus manufacturer globally. Over the years, Tata Motors has expanded its product portfolio, acquired foreign brands like Jaguar and Land Rover, and increased its global presence through strategic partnerships and acquisitions. It currently employs over 23,000 people worldwide.
This document analyzes the financial statements of Atlas Honda Limited from 2011 to 2006. Some key details:
- Atlas Honda is a joint venture between Atlas Group and Honda Motor Co. that manufactures motorcycles in Pakistan.
- Net profit after taxation increased 27% from 2010 to 2011, reaching Rs. 10 billion. Gross profit margin was stable around 7.5% over this period.
- Total assets grew 13% to Rs. 96 billion in 2011. Non-current assets made up 34% of total assets. Current assets increased 20% in 2011, with investments and cash/bank balances seeing strong growth.
- Equity increased 18% to Rs. 46 billion in 2011.
The document analyzes various financial ratios of Tata Motors over several years from 2004-2008. It shows that the gross profit ratio, net profit ratio, and return on networth have generally decreased from 2004 to 2008. However, the debt-equity ratio and operating ratio have increased in this period. The document also provides details on the company's profit and loss account and balance sheet over these years.
Cfa research presentation university at buffalo Ke Guo
The document provides an analysis of Columbus McKinnon Corporation (CMCO), a manufacturer of material handling products. Some key points:
- CMCO is the #1 manufacturer of hoists, tire shredders, cranes, and other material handling products in the US.
- Hoists make up 58.9% of revenue. CMCO has invested in R&D and acquisitions to grow.
- A DCF valuation estimates CMCO's fair value at $25.73 per share, while relative valuation estimates $23.77-$27.16 per share.
- The analysis identifies CMCO's strong market position but notes risks from competition and economic cycles.
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/excel-model-for-valuation-of-natural-gas-firm-1138
DESCRIPTION
This is an valuation model of Petronet LNG. This model covers the different valuation types to arrive at the fair value of a stock.
This document provides financial statements and comparisons for Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL), two major oil companies in India, for the fiscal years ending March 2017 and March 2016.
The key financial highlights include:
- HPCL's net sales increased 5.25% to Rs. 187,023.70 crore while net profit increased 66.63% to Rs. 6,208.80 crore from the previous fiscal year.
- BPCL's net sales increased 7.33% to Rs. 202,210.56 crore while net profit increased 13.93% to Rs. 8,039.30 crore from the
This document contains the balance sheet and profit/loss statements for Bajaj Auto Limited Company from March 2013 to March 2009 and Indian Airlines Ltd from March 2006 to March 2000. Some key details:
- Bajaj Auto's net worth increased from Rs. 2.9 billion in March 2010 to Rs. 7.9 billion in March 2013. Net profit increased from Rs. 1.7 billion to Rs. 3 billion over the same period.
- Indian Airlines had consistent losses, with reported net losses of Rs. 673.2 crore in March 2004 and Rs. 514.05 crore in March 2000. Its net current assets position also steadily deteriorated from negative Rs. 1.1 billion to negative
Larsen & Toubro Limited (L&T) is an Indian engineering conglomerate engaged in engineering, construction, and manufacturing. The document provides an overview of L&T and the engineering industry in India. It summarizes L&T's financial performance and position, highlighting strong revenue and order inflow growth. Calculations include projected financial statements, weighted average cost of capital, discounted cash flow valuation, and target price of Rs. 2,413.60 per share for L&T.
The document analyzes the working capital management of Western Coalfields Limited (WCL) over several years. It finds that WCL's current ratio and receivables turnover ratio are below benchmarks. However, ratios like working capital turnover and receivables turnover have been increasing due to high growth in current assets and low growth in current liabilities. Overall, the changes in working capital positively impacted WCL's short-term solvency.
This document presents financial ratio analyses for a company from March 2004 to March 2008. It includes various profitability, liquidity, leverage and efficiency ratios calculated on a monthly/yearly basis. Overall the company has shown growth over the years as evidenced by rising profits, higher current and quick ratios and a declining debt to equity ratio. Return on equity has also increased from around 22% in 2004 to over 24% in 2008.
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
Government has disbursed 70,000 crore loan amount till Jan 13, 2020 under MSMEs scheme. India China bilateral trade continues at steady growth. For more news and updates click the link: http://bit.ly/FDNewspaper
#sharemarket #mutualfunds #trading #stocks #FinDoc
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
This document analyzes the performance and profitability of two banks, Oriental Bank of Commerce and Allahabad Bank, over multiple years between 2010-2014. It provides data on key financial metrics like deposits, advances, non-performing assets, net interest margin, return on assets, return on equity, and capital adequacy ratios. The summary shows that deposits and advances grew for both banks over the years but Allahabad Bank saw higher growth. Asset quality declined for Oriental Bank as non-performing assets increased substantially in 2013 while remaining relatively stable for Allahabad Bank. Profitability metrics like net interest margin, return on assets and return on equity were generally higher for Oriental Bank.
This document analyzes the financial performance of a company over 5 years from 2009-2013 using various ratios and analyses. It summarizes key financial metrics like net income, sales, assets, and liabilities. Trend analyses show sales, costs, profits, and other figures generally increased year over year, with some fluctuations. The document provides a comprehensive review of the company's financial standing and growth over this period.
This document summarizes the key financial information of an organization over a 5-year period from 2001-2002 to 2005-2006. It includes highlights of the company's steady revenue and profit growth over time as well as initiatives taken by the finance department such as implementing an e-banking system for payments and a centralized payroll system. Key metrics such as revenues, profits, assets, liabilities, and financial ratios like ROCE and debt-equity are presented for each year. Awards received by manufacturing and service units are also mentioned.
Cfa research presentation university at buffalo Ke Guo
The document provides an analysis of Columbus McKinnon Corporation (CMCO), a manufacturer of material handling products. Some key points:
- CMCO is the #1 manufacturer of hoists, tire shredders, cranes, and other material handling products in the US.
- Hoists make up 58.9% of revenue. CMCO has invested in R&D and acquisitions to grow.
- A DCF valuation estimates CMCO's fair value at $25.73 per share, while relative valuation estimates $23.77-$27.16 per share.
- The analysis identifies CMCO's strong market position but notes risks from competition and economic cycles.
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/excel-model-for-valuation-of-natural-gas-firm-1138
DESCRIPTION
This is an valuation model of Petronet LNG. This model covers the different valuation types to arrive at the fair value of a stock.
This document provides financial statements and comparisons for Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL), two major oil companies in India, for the fiscal years ending March 2017 and March 2016.
The key financial highlights include:
- HPCL's net sales increased 5.25% to Rs. 187,023.70 crore while net profit increased 66.63% to Rs. 6,208.80 crore from the previous fiscal year.
- BPCL's net sales increased 7.33% to Rs. 202,210.56 crore while net profit increased 13.93% to Rs. 8,039.30 crore from the
This document contains the balance sheet and profit/loss statements for Bajaj Auto Limited Company from March 2013 to March 2009 and Indian Airlines Ltd from March 2006 to March 2000. Some key details:
- Bajaj Auto's net worth increased from Rs. 2.9 billion in March 2010 to Rs. 7.9 billion in March 2013. Net profit increased from Rs. 1.7 billion to Rs. 3 billion over the same period.
- Indian Airlines had consistent losses, with reported net losses of Rs. 673.2 crore in March 2004 and Rs. 514.05 crore in March 2000. Its net current assets position also steadily deteriorated from negative Rs. 1.1 billion to negative
Larsen & Toubro Limited (L&T) is an Indian engineering conglomerate engaged in engineering, construction, and manufacturing. The document provides an overview of L&T and the engineering industry in India. It summarizes L&T's financial performance and position, highlighting strong revenue and order inflow growth. Calculations include projected financial statements, weighted average cost of capital, discounted cash flow valuation, and target price of Rs. 2,413.60 per share for L&T.
The document analyzes the working capital management of Western Coalfields Limited (WCL) over several years. It finds that WCL's current ratio and receivables turnover ratio are below benchmarks. However, ratios like working capital turnover and receivables turnover have been increasing due to high growth in current assets and low growth in current liabilities. Overall, the changes in working capital positively impacted WCL's short-term solvency.
This document presents financial ratio analyses for a company from March 2004 to March 2008. It includes various profitability, liquidity, leverage and efficiency ratios calculated on a monthly/yearly basis. Overall the company has shown growth over the years as evidenced by rising profits, higher current and quick ratios and a declining debt to equity ratio. Return on equity has also increased from around 22% in 2004 to over 24% in 2008.
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
Government has disbursed 70,000 crore loan amount till Jan 13, 2020 under MSMEs scheme. India China bilateral trade continues at steady growth. For more news and updates click the link: http://bit.ly/FDNewspaper
#sharemarket #mutualfunds #trading #stocks #FinDoc
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
Epic Research is performing a basic role as a leading financial advisory firm by providing good recommendations for,KLSE Stocks, Comex and Forex and all other segments with the help of experts and it maintains high accuracy.
This document analyzes the performance and profitability of two banks, Oriental Bank of Commerce and Allahabad Bank, over multiple years between 2010-2014. It provides data on key financial metrics like deposits, advances, non-performing assets, net interest margin, return on assets, return on equity, and capital adequacy ratios. The summary shows that deposits and advances grew for both banks over the years but Allahabad Bank saw higher growth. Asset quality declined for Oriental Bank as non-performing assets increased substantially in 2013 while remaining relatively stable for Allahabad Bank. Profitability metrics like net interest margin, return on assets and return on equity were generally higher for Oriental Bank.
This document analyzes the financial performance of a company over 5 years from 2009-2013 using various ratios and analyses. It summarizes key financial metrics like net income, sales, assets, and liabilities. Trend analyses show sales, costs, profits, and other figures generally increased year over year, with some fluctuations. The document provides a comprehensive review of the company's financial standing and growth over this period.
This document summarizes the key financial information of an organization over a 5-year period from 2001-2002 to 2005-2006. It includes highlights of the company's steady revenue and profit growth over time as well as initiatives taken by the finance department such as implementing an e-banking system for payments and a centralized payroll system. Key metrics such as revenues, profits, assets, liabilities, and financial ratios like ROCE and debt-equity are presented for each year. Awards received by manufacturing and service units are also mentioned.
10 yrs competitive analysis of lg balakrishnanKarmveer Singh
This document analyzes the financial performance of LG Balakrishnan & Brothers over a 10-year period from 2002-2003 to 2011-2012. It provides details on sales, variable costs, contribution, fixed costs, profit before tax, and profit after tax. Key findings include a decline in sales and profits during the recession period from 2006-2007 to 2008-2009, with profits turning negative. The document also calculates metrics like P/V ratio, BEP, and margin of safety to evaluate the company's performance over time. Correlation analysis found a strong negative relationship between sales and profit.
Analysis of Financial Statements #Artistic #Denim #Mills Yousif Solangi
The document discusses the benefits of meditation for reducing stress and anxiety. Regular meditation practice can help calm the mind and body by lowering heart rate and blood pressure. Studies have shown that meditating for just 10-20 minutes per day can have significant positive impacts on both mental and physical health over time.
Budgeting And Forecasting In Accounting PowerPoint Presentation SlidesSlideTeam
Are you in charge of making a PowerPoint presentation for account budgeting and forecasting? Our team of expert designers have come up with a 70 slides ready-made Budgeting And Forecasting In Accounting Powerpoint Presentation Slides. This financial forecasting planning and budgeting PowerPoint presentation will help you in showcasing the accounting budget with the help of slides like balance sheet, cash flow statements, financial projections, key financial ratios, liquidity ratios, profitability ratios, activity and solvency ratio analysis, income statement overview, etc. Furthermore, our pre-designed budgeting and forecasting ppt will aid help managers to interpret the organisation’s budget to top management. If you are planning to create a detailed professional presentation on the budget forecast, demand forecast, cash flow prediction, economic forecasting, fiscal modelling, qualitative forecasting etc. then our Budgeting And Forecasting In Accounting PowerPoint Presentation Slides example is what you require. As this visual PPT cover all the crucial slides for this topic. The best part is that all the slides in this PowerPoint presentation slides are editable, and you can easily edit them as per your need. There are multiple icons for the related topic too. Click Download so you can comfortably sail through the mind-bending task of planning everything on your own and from scratch. Grab hold of the day with our Budgeting And Forecasting In Accounting PowerPoint Presentation Slides. Chart out important aims to achieve.
The document provides financial statements and key performance indicators for a company over several quarters and fiscal years. It includes income statements, balance sheets, cash flow statements, and common financial ratios analyzed over time. Charts are presented to show trends in revenue, costs, profits, assets, liabilities, cash flows, return on assets, debt ratios and other metrics. Projections for income statements and balance sheets are also included out to several future years.
Last work of Master degree. Great Contribution of Rashid to follow a standards.
Helpful For Finance students.
Horizontal, vertical and all Ratios are covered and also interprets their results.
we have also excel sheet of its
if any one needed let me confirm
In case you need to present economic status of your company then our content-ready financial statement analysis PowerPoint Presentation is ideal for you. This income statement PPT presentation having multiple slides such as financial projections, key financial ratios, liquidity ratios, cash flow statement KPIs, profitability ratios, activity ratios, solvency ratios, income statement overview and funding updates etc. This cash flow assessment PowerPoint template goes well with topics like profitability analysis, business impact analysis, financial health, and income statement, balance sheet, statement of cash flow, business performance analysis, financial health, and future prospects of an organization, project future performance, economic analysis, company analysis, business valuation, fundamental analysis. For successful business presentation, PowerPoint background is as important as the content in the slides. Our accounting statement PPT slide provides you both content rich as well as professional slides. Download our financial statement analysis presentation slides to project your business future performance. Elucidate on your ideas with our Financial Statement Analysis Powerpoint Presentation Slides. Drive your team to excellence. https://bit.ly/2VtddrR
Good Luck Steel Tubes Q4FY15: Net profit up 158.31% y/y; BuyIndiaNotes.com
The document provides a stock analysis and recommendation for Good Luck Steel Tubes Ltd. Key points:
- The company reported a 158% increase in net profit and 9.5% increase in net sales for Q4 FY2015 compared to the same period last year.
- Earnings per share stood at Rs. 3.13 for Q4 FY2015, up from Rs. 1.34 in the previous year.
- Net sales and profit after tax are expected to grow at a CAGR of 7% and 13% from FY2014 to FY2017 respectively.
- The analyst recommends buying the stock with a target price of Rs. 105, citing improving performance, expanded international presence, and
Financial Ratio Analysis PowerPoint Presentation SlidesSlideTeam
Whenever you want to inform about your financial updates and projections to management and stakeholders, you have the perfect answer to choose from our financial ratio analysis PowerPoint presentation slides. This Financial Ratio Analysis presentation slide has been crafted by our team of artists to accommodate your need to represent financial details like balance sheet of your company, financial achievements of company, liabilities of company, income and profit and loss statements. This multi icons-based template can be used to update wide variety of information to clients and investors such as your financial projections, companies’ achievements and income statement analysis on yearly basis or monthly basis. Financial ratio analysis PPT template is useful to showcase your business strategy, comparison of business income reports, balance sheet updates, profitability, liquidity updates and activity ratios. This financial ratio presentation covers many areas related to financial, general business overview, funding updates or financial dashboards of your enterprise. Acquire an effective counter with our Financial Ratio Analysis PowerPoint Presentation Slides. They are good for convincing critics.
This document contains financial statements and analysis for a company over several years:
1) Income statements, balance sheets, cash flow statements and key financial ratios are presented for years 2018-2025 with actual data for 2018-2021 and estimates for 2022-2025.
2) The income statement shows steady revenue growth of 10% per year along with trends in expenses, profits and tax rates.
3) The balance sheet outlines asset and liability accounts with growth assumptions. Major assets include property/equipment, investments and current assets.
4) Cash flow statements show cash from operations exceeding cash used in investing and financing activities, resulting in positive cash flow overall.
This Excel workbook contains 12 examples analyzing financial metrics and risk models for Ford Motor Company. The examples include: 1) historical stock price volatility, 2) the Black-Scholes options pricing model, 3) Merton's corporate default model, 4) Ford's balance sheet and income statement data, 5) financial ratios, 6) listed manufacturing companies, 7) Altman's Z-score and variants for Ford, and 8) notes indicating the workbook was prepared according to a risk management textbook.
Elgi Equipments Ltd is an Indian manufacturer of air compressors with a market share of 29% and revenues of Rs.922 crore. It has expanded globally through organic and inorganic growth. The company maintains healthy profit margins and cash flows despite large investments. Upcoming government initiatives and growth in sectors like automobiles, engineering and construction are expected to drive future demand for Elgi's products. The company is recommended as a buy based on its market leading position, financial strength, and positive long term industry outlook.
Finolex Ind: Q1 Net profit ramps up by 121.68%; Maintain buyIndiaNotes.com
Finolex's net profit for the quarter ramps up by 121.68% to Rs. 502.03 million from Rs. 226.47 million, when compared with the prior year period. Investors are recommended to buy the stock for a price target of Rs319 for medium to long term investment.
This document provides financial performance data for a company called Algorithm from 2018-2021. It shows declining sales, operating profits, and net income over this period. Key metrics like operating rate, net rate, ROE, and EPS are all negative and declining significantly from 2020-2021. The current stock price is 12,900 won, down around 90-95% from the indication price range. A proposed purchase of Algorithm stock suggests buying 72 shares for 3.5 million won based on the stock's current probability score and projected indication price.
This document provides financial analysis of the top 3 airlines in India - IndiGo, Air India, and SpiceJet. It includes income statements and key financial ratios like liquidity, profitability, efficiency, and solvency for the years 2021-2022. The ratios analyze the airlines' performance, liquidity, profitability, asset usage, and ability to meet long-term obligations. IndiGo saw higher revenue but losses in 2022. Air India and SpiceJet had losses in 2021.
This document provides valuation information for Chang'an Auto, including:
- Key financial data such as beta, market cap, share price, and growth rates.
- Financial analysis comparing Chang'an Auto's liquidity, solvency, activity, and profitability ratios to industry averages.
- Two valuation methods are used: price multiples based on comparable companies, and a discounted cash flow model using Chang'an Auto's historical financial cash flow figures.
- Under the price multiples method, ranges for Chang'an Auto's stock price are calculated using P/E, P/S, and P/B ratios from comparable companies.
- The discounted cash flow model discounts Chang'an Auto
This document analyzes and compares the financial performance of Coca-Cola and PepsiCo over three years from 2011-2013. It includes common-size income statements and balance sheets, comparative income statements and balance sheets, calculated financial ratios, and bond price analysis for both companies. The analysis shows that while both companies experienced revenue growth over the period, Coca-Cola had higher net income and stronger liquidity and return on asset ratios compared to PepsiCo.
Quantitative Analysis of Retail Sector Companiesprashantbhati354
In-depth quantitative analysis of the UK's three big retail sector companies, ASOS Plc, M&S, and WH Smith. In this, I have done descriptive statistics analysis, performance comparisons, stock price estimation with the help of time series analysis, beta estimation, and many more to find the future growth and profitability of the companies.
Current Years Estimation PowerPoint Presentation SlidesSlideTeam
This complete deck is oriented to make sure you do not lag in your presentations. Our creatively crafted slides come with apt research and planning. This exclusive deck with thirtynine slides is here to help you to strategize, plan, analyse, or segment the topic with clear understanding and apprehension. Utilize ready to use presentation slides on Current Years Estimation Power Point Presentation Slides with all sorts of editable templates, charts and graphs, overviews, analysis templates. It is usable for marking important decisions and covering critical issues. Display and present all possible kinds of underlying nuances, progress factors for an all inclusive presentation for the teams. This presentation deck can be used by all professionals, managers, individuals, internal external teams involved in any company organization.
Similar to TIL Limited. Financial Analysis Crane Manufacturing Company in India (20)
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
The Evolution and Impact of OTT Platforms: A Deep Dive into the Future of Ent...ABHILASH DUTTA
This presentation provides a thorough examination of Over-the-Top (OTT) platforms, focusing on their development and substantial influence on the entertainment industry, with a particular emphasis on the Indian market.We begin with an introduction to OTT platforms, defining them as streaming services that deliver content directly over the internet, bypassing traditional broadcast channels. These platforms offer a variety of content, including movies, TV shows, and original productions, allowing users to access content on-demand across multiple devices.The historical context covers the early days of streaming, starting with Netflix's inception in 1997 as a DVD rental service and its transition to streaming in 2007. The presentation also highlights India's television journey, from the launch of Doordarshan in 1959 to the introduction of Direct-to-Home (DTH) satellite television in 2000, which expanded viewing choices and set the stage for the rise of OTT platforms like Big Flix, Ditto TV, Sony LIV, Hotstar, and Netflix. The business models of OTT platforms are explored in detail. Subscription Video on Demand (SVOD) models, exemplified by Netflix and Amazon Prime Video, offer unlimited content access for a monthly fee. Transactional Video on Demand (TVOD) models, like iTunes and Sky Box Office, allow users to pay for individual pieces of content. Advertising-Based Video on Demand (AVOD) models, such as YouTube and Facebook Watch, provide free content supported by advertisements. Hybrid models combine elements of SVOD and AVOD, offering flexibility to cater to diverse audience preferences.
Content acquisition strategies are also discussed, highlighting the dual approach of purchasing broadcasting rights for existing films and TV shows and investing in original content production. This section underscores the importance of a robust content library in attracting and retaining subscribers.The presentation addresses the challenges faced by OTT platforms, including the unpredictability of content acquisition and audience preferences. It emphasizes the difficulty of balancing content investment with returns in a competitive market, the high costs associated with marketing, and the need for continuous innovation and adaptation to stay relevant.
The impact of OTT platforms on the Bollywood film industry is significant. The competition for viewers has led to a decrease in cinema ticket sales, affecting the revenue of Bollywood films that traditionally rely on theatrical releases. Additionally, OTT platforms now pay less for film rights due to the uncertain success of films in cinemas.
Looking ahead, the future of OTT in India appears promising. The market is expected to grow by 20% annually, reaching a value of ₹1200 billion by the end of the decade. The increasing availability of affordable smartphones and internet access will drive this growth, making OTT platforms a primary source of entertainment for many viewers.
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3. 1944 1957 1960 1962
1974 - 1978
1988
Tractors India incorporated.
Representation for Caterpillar in
Eastern India
Converted to Public Ltd
Company
Joint venture with
Coles Cranes
India’s first indigenously
manufactured Mobile Crane
rolls out of Kamarhatty
Distributorship for Caterpillar extends
to Nepal, Sikkim Bhutan & Myanmar
Manufactures India’s first
Rough Terrain Crane
1982
Manufactures India’s first 100 tonne
Truck Mounted Mobile Crane
M I L E S T O N E S / J O U R N E Y
1994
ISO 9001
Material Handling Division
certified by BVQI
Launches 6 Sigma
Tie up with Famak SA
For Yard Equipment , ELL
2002
2005
Receives BEST SUPPLIER AWARD
from Tata Steel
Wins Caterpillar APD Presidents
Award for 6 Sigma
4. 2006
Tie up with
Mitsui – Paceco for
Port equipment
Ties Up with Hyster –a division of
Nacco Materials Handling Group
(NMHG) for Forklifts &Container
Handlers for India, Nepal Bhutan.
Ties up with Astec Inc for bringing
their Road Building Solutions to
India
M I L E S T O N E S / J O U R N E Y
2011
Tie up with
Astec UG for HDD &
Trenchers for India
Market
2007
Wins construction world
NICMAR award for the second
time
MHS division rolls out the
5000th Crane from Kamarhatty
2008
2016
Sale of it’s subsidiary
TIPL to GMPL
7. CONSOLIDATED BALANCE SHEET
(VALUES OF RUPEE. IN CRORE)
BALANCE SHEET
PARTICULARS 2017-March 2016-March 2015-March 2014-March 2013-March
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Total Shareholders Funds 312.38 287.39 329.97 364.12 357.44
NON-CURRENT LIABILITIES
Total Non-Current Liabilities 28.8 159.28 188.24 224.38 145.69
CURRENT LIABILITIES
Total Current Liabilities 228.92 1,018.07 747.35 731.56 663.69
Total Capital And Liabilities 570.1 1,464.74 1,265.56 1,320.06 1,166.82
ASSETS
NON-CURRENT ASSETS
Total Non-Current Assets 235.16 374.03 440.43 434.73 350.67
CURRENT ASSETS
Total Current Assets 334.94 1,090.71 825.13 885.33 816.15
Total Assets 570.1 1,464.74 1,265.56 1,320.06 1,166.82
8. DETAILED TREND ANALYSIS – BALANCE SHEET
FY 2012-13 as base year
BALANCE SHEET TREND ANALYSIS
13-Mar 14-Mar 15-Mar 16-Mar Mar 17 13-Mar 14-Mar 15-Mar 16-Mar Mar 17
EQUITIES AND LIABILITIES EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS SHAREHOLDER'S FUNDS
Equity Share Capital 10.03 10.03 10.03 10.03 10.03 Equity Share Capital 100.00% 0.00% 0.00% 0.00% 0.00%
Preference Share Capital 0 0 0.15 0.15 0 Preference Share Capital 100.00% 0.00% 0.00% 0.00% -100.00%
Total Share Capital 10.03 10.03 10.18 10.18 10.03 Total Share Capital 100.00% 0.00% 1.50% 0.00% -1.47%
Revaluation Reserves 6.59 6.44 6.44 6.44 0 Revaluation Reserves 100.00% -2.28% 0.00% 0.00% -100.00%
Reserves and Surplus 340.82 347.65 313.35 270.77 302.35 Reserves and Surplus 100.00% 2.00% -9.87% -13.59% 11.66%
Total Reserves and Surplus 347.41 354.09 319.79 277.21 302.35 Total Reserves and Surplus 100.00% 1.92% -9.69% -13.31% 9.07%
Total Shareholders Funds 357.44 364.12 329.97 287.39 312.38 Total Shareholders Funds 100.00% 1.87% -9.38% -12.90% 8.70%
NON-CURRENT LIABILITIES NON-CURRENT LIABILITIES
Long Term Borrowings 125.83 199.16 160.79 135.11 14.97 Long Term Borrowings 100.00% 58.28% -19.27% -15.97% -88.92%
Deferred Tax Liabilities [Net] 13.04 17.07 14.12 12.59 10.68 Deferred Tax Liabilities [Net] 100.00% 30.90% -17.28% -10.84% -15.17%
Long Term Provisions 6.82 8.15 13.33 11.58 3.15 Long Term Provisions 100.00% 19.50% 63.56% -13.13% -72.80%
Total Non-Current Liabilities 145.69 224.38 188.24 159.28 28.8 Total Non-Current Liabilities 100.00% 54.01% -16.11% -15.38% -81.92%
CURRENT LIABILITIES CURRENT LIABILITIES
Short Term Borrowings 368.06 355.18 489.92 588.23 34.54 Short Term Borrowings 100.00% -3.50% 37.94% 20.07% -94.13%
Trade Payables 132.53 193.51 140.38 248.64 78.82 Trade Payables 100.00% 46.01% -27.46% 77.12% -68.30%
Other Current Liabilities 56.4 75.13 115.94 178.95 114.42 Other Current Liabilities 100.00% 33.21% 54.32% 54.35% -36.06%
Short Term Provisions 106.7 107.74 1.11 2.25 1.14 Short Term Provisions 100.00% 0.97% -98.97% 102.70% -49.33%
Total Current Liabilities 663.69 731.56 747.35 1,018.07 228.92 Total Current Liabilities 100.00% 10.23% 2.16% 36.22% -77.51%
Total Capital And Liabilities 1,166.82 1,320.06 1,265.56 1,464.74 570.1 Total Capital And Liabilities 100.00% 13.13% -4.13% 15.74% -61.08%
9. NOTES
• There is a decline in the Shareholder’s fund since 2013 with no changes in the position of Share capital and Reserves,
however there has been a rise in the total value as compared to FY 2016 because of profit made by selling of it’s subsidiary
of Caterpillar Inc. business which added to the Surplus of the company.
• Long Term Liabilities have reduced to a greater extent which may attract the shareholders, however it can be analyzed as
below :-
For Long Term Borrowings the company has been able to take care of it’s long term liabilities since 2013 which has
always been on decrease. But a very big and significant decrease has taken place from 2016 to 2017 which reduced by
an extent of -89% as compared to 2016, by taking care of the Term loans from Banks and Vehicle loans from other
financial institutions.
Differed Tax Liability is decreasing in the range of 10-17%, the company is trying to keep the provisions for future tax in
the same level.
Long term Provisions have increased since 2012 to 2015 up to 63% of value INR 13.33 Crore for consideration of product
warranties and employee benefits, but maybe because of decrease in sales as a result of market conditions and
rationalization of total employee size, a decreasing trend has been observed which went low up to INR 3.15 crore
• Current Liabilities have increased till FY2016 which may mean that the company had paid a lot for fulfilling stock requirement
and services. However there has been significant decrease of -77.51% as compared to 2016
Short term borrowings have decreased in the FY 2017 because the unsecured loans were not availed as well as the
Secured loan component also decreased very much from which it can be inferred that lesser good were purchased for
stock in both the factories.
Trade payables also follow the same pattern as the short term borrowings. The reasons may also be same, related to
purchase of goods and services
Other current liabilities have increasing every year up to FY 2016, followed by a decrease of -36%
10. ANALYSIS OF LIABILITY & CAPITAL OF LAST 5 FY
357.44 364.12
329.97
287.39 312.38
145.69
224.38
188.24 159.28
28.8
663.69
731.56 747.35
1,018.07
228.92
1,166.82
1,320.06
1,265.56
1,464.74
570.1
0
200
400
600
800
1000
1200
1400
1600
13-MAR 14-MAR 15-MAR 16-MAR MAR 17
CAPITAL & LIABILITY ANALYSIS
Total Shareholders Funds Total Non-Current Liabilities
Total Current Liabilities Total Capital And Liabilities
11. DETAILED TREND ANALYSIS – BALANCE SHEET
ASSETS 13-Mar 14-Mar 15-Mar 16-Mar Mar 17 ASSETS 13-Mar 14-Mar 15-Mar 16-Mar Mar 17
NON-CURRENT ASSETS NON-CURRENT ASSETS
Tangible Assets 274.15 279.91 280.11 311.52 179.2 Tangible Assets 100.00% 2.10% 0.07% 11.21% -42.48%
Intangible Assets 2.57 23.99 20.2 19.09 4.76 Intangible Assets 100.00% 833.46% -15.80% -5.50% -75.07%
Capital Work-In-Progress 55.83 43.32 43.3 2.2 1.76 Capital Work-In-Progress 100.00% -22.41% -0.05% -94.92% -20.00%
Intangible Assets Under
Development
16.17 0 2.5 0.04 0
Intangible Assets Under
Development
100.00% -100.00% #DIV/0! -98.40% -100.00%
Fixed Assets 348.72 347.22 346.11 332.85 185.72 Fixed Assets 100.00% -0.43% -0.32% -3.83% -44.20%
Non-Current Investments 0.07 0.07 0.2 15.27 17.99 Non-Current Investments 100.00% 0.00% 185.71% 7535.00% 17.81%
Deferred Tax Assets [Net] 0 0 0.47 0.49 1.26 Deferred Tax Assets [Net] 100.00% 0.00% #DIV/0! 4.26% 157.14%
Long Term Loans And Advances 1.87 87.43 93.63 24.99 29.88 Long Term Loans And Advances 100.00% 4575.40% 7.09% -73.31% 19.57%
Other Non-Current Assets 0 0 0.01 0.42 0.31 Other Non-Current Assets 100.00% #DIV/0! #DIV/0! 4100.00% -26.19%
Total Non-Current Assets 350.67 434.73 440.43 374.03 235.16 Total Non-Current Assets 100.00% 23.97% 1.31% -15.08% -37.13%
CURRENT ASSETS CURRENT ASSETS
Inventories 339.07 359.91 401.47 446.08 185.13 Inventories 100.00% 6.15% 11.55% 11.11% -58.50%
Trade Receivables 232.02 271.35 292.13 422.9 94.12 Trade Receivables 100.00% 16.95% 7.66% 44.76% -77.74%
Cash And Cash Equivalents 47.52 44.38 38.45 32.49 16.31 Cash And Cash Equivalents 100.00% -6.61% -13.36% -15.50% -49.80%
Short Term Loans And
Advances
193.51 209.69 93.07 182.56 39.38
Short Term Loans And
Advances
100.00% 8.36% -55.62% 96.15% -78.43%
OtherCurrentAssets 4.03 0 0.01 6.68 0 OtherCurrentAssets 100.00% -100.00% #DIV/0! 66700.00% -100.00%
Total Current Assets 816.15 885.33 825.13 1,090.71 334.94 Total Current Assets 100.00% 8.48% -6.80% 32.19% -69.29%
Total Assets 1,166.82 1,320.06 1,265.56 1,464.74 570.1 Total Assets 100.00% 13.13% -4.13% 15.74% -61.08%
BALANCE SHEET TREND ANALYSIS
12. • Total Non-Current Assets have increased till FY 2015 and then decreased to it’s half almost in FY2017. Further analysis done below:-
Tangible fixed assets value grew up to 2016 for increasing it’s market coverage area and operations, but it declined in the next FY
because of sale of Caterpillar Inc. business
Intangible Assets increased to a whooping 834% in FY2014 maybe because of intake of Technical drawings and software
required for manufacturing and operations, which declined to a minimum level and then dropped down drastically in the FY
2017 after sale of the subsidiary TIPL.
Work In Progress values have declined but they have degraded drastically for the Fys 2016 and 2017, mainly because of lesser
sales due to declining market share and lesser demand of crane in the total market.
The company have few investments in the form of Equity shares in companies of Eveready, McLeod Russel, Bank of India etc. and
invest in Mutual funds in the market apart from the Debentures receipt from Woodland Hospitals. There has been an increase in
Investment in the Mutual Funds in the FY 2016 and FY2017.
Long term loan and advancement had increased till FY2015 and then decreased with partial increase of 20% with respect to the
previous year because of Minimum Alternate Tax Credit Entitlement (excess amount of tax credited back to the company).
• Total current asset had increased up to FY 2016, but has decreased by -69% in the FY 2017 as compared to the last. Further analysis as
below :-
Inventories were increasing because of decreasing demand and customer order against the projected sales till FY 2016, however
unnecessary inventories have been scrapped and others were written off because of introduction of new technicalities in the
product.
Trade receivables have also followed the same pattern as the above with considerable decrease in the FY2017, mainly because of
separation of the Caterpillar Inc. subsidiary business and lesser no of orders received from customers as a result of decrease in
demand of cranes.
Cash equivalents have continuously decreased with a drastic one in the last FY2017, mainly to tackle the increasing short term
liabilities with decrease in the profit of the company and separation of the profitable Subsidiary business
NOTES
13. ANALYSIS OF ASSET OF LAST 5 FY
350.67
434.73 440.43
374.03
235.16
816.15
885.33
825.13
1,090.71
334.94
1,166.82
1,320.06
1,265.56
1,464.74
570.1
0
200
400
600
800
1000
1200
1400
1600
13-MAR 14-MAR 15-MAR 16-MAR MAR 17
ASSET ANALYSIS
Total Non-Current Assets Total Current Assets Total Assets
15. CONSOLIDATED PROFIT AND LOSS
STATEMENT (VALUES IN RUPEE. CRORE)
PARTICULAR FY2016-17 FY 2015-16 FY 2014-15 FY 2013-14 FY 2012-13
Total Revenue from Operations 321.84 1,745.00 1,477.31 1,323.48 1,184.73
Total Expenses 312.77 1,772.44 1,455.15 1,308.81 1,176.56
Profit/Loss Before Exceptional,
ExtraOrdinary Items And Tax
9.07 -27.44 22.16 14.67 8.17
Exceptional Items -121.67 0 0 0 0
Profit/Loss Before Tax -112.6 -27.44 22.16 14.67 8.17
Total Tax Expenses 2.36 16.15 17.44 4.74 3.86
Profit/Loss From Continuing
Operations
-114.96 -43.59 4.72 9.93 4.31
Profit Loss From Discontinuing
Operations
155.57 0 0 0 0
Total Tax Expenses Discontinuing
Operations
14.16 0 0 0 0
Net Profit Loss From Discontinuing
Operations
141.41 0 0 0 0
Profit/Loss For The Period 26.45 -43.59 4.72 9.93 4.31
16. DETAILED TREND ANALYSIS – P&L STATEMENT
CONSOLIDATED PROFIT & LOSS STATEMENT TREND ANALYSIS
13-Mar 14-Mar 15-Mar 16-Mar Mar 17 13-Mar 14-Mar 15-Mar 16-Mar Mar 17
INCOME INCOME
Revenue From Operations
[Gross]
1,153.50 1,283.70 1,457.02 1,716.51 329.45
Revenue From Operations
[Gross]
100.00% 11.29% 13.50% 17.81% -80.81%
Less: Excise/Sevice
Tax/Other Levies
29.2 24.24 30.27 33.06 24.72
Less: Excise/Service
Tax/Other Levies
100.00% -16.99% 24.88% 9.22% -25.23%
Revenue From Operations
[Net]
1,124.30 1,259.46 1,426.75 1,683.45 304.73
Revenue From Operations
[Net]
100.00% 12.02% 13.28% 17.99% -81.90%
Other Operating
Revenues
49.35 53.12 44.7 52.82 3.44
Other Operating
Revenues
100.00% 7.64% -15.85% 18.17% -93.49%
Total Operating Revenues 1,173.65 1,312.58 1,471.45 1,736.27 308.17 Total Operating Revenues 100.00% 11.84% 12.10% 18.00% -82.25%
Other Income 11.08 10.9 5.86 8.73 13.67 Other Income 100.00% -1.62% -46.24% 48.98% 56.59%
Total Revenue 1,184.73 1,323.48 1,477.31 1,745.00 321.84 Total Revenue 100.00% 11.71% 11.62% 18.12% -81.56%
EXPENSES EXPENSES
Cost Of Materials
Consumed
194.28 220.23 198.75 216.48 168.66
Cost Of Materials
Consumed
100.00% 13.36% -9.75% 8.92% -22.09%
Purchase Of Stock-In
Trade
713.01 747.7 876.03 1,145.44 35.17
Purchase Of Stock-In
Trade
100.00% 4.87% 17.16% 30.75% -96.93%
Changes In Inventories Of
FG,WIP And Stock-In
Trade
-30.86 -6.99 -30.57 -20.59 -14.38
Changes In Inventories Of
FG,WIP And Stock-In
Trade
100.00% -77.35% 337.34% -32.65% -30.16%
Employee Benefit
Expenses
113.64 130.53 159.18 160.49 49.28
Employee Benefit
Expenses
100.00% 14.86% 21.95% 0.82% -69.29%
Finance Costs 56.88 71.07 87.73 100.81 21.11 Finance Costs 100.00% 24.95% 23.44% 14.91% -79.06%
Depreciation And
Amortisation Expenses
27.73 31.46 40.28 38.89 11.23
Depreciation And
Amortisation Expenses
100.00% 13.45% 28.04% -3.45% -71.12%
Other Expenses 101.88 114.81 123.75 130.92 41.7 Other Expenses 100.00% 12.69% 7.79% 5.79% -68.15%
Total Expenses 1,176.56 1,308.81 1,455.15 1,772.44 312.77 Total Expenses 100.00% 11.24% 11.18% 21.80% -82.35%
17. DETAILED TREND ANALYSIS – P&L STATEMENT
Profit/Loss Before
Exceptional,
ExtraOrdinary Items And
Tax
8.17 14.67 22.16 -27.44 9.07
Profit/Loss Before
Exceptional,
ExtraOrdinary Items And
Tax
100.00% 79.56% 51.06% -223.83% -133.05%
Exceptional Items 0 0 0 0 -121.67 Exceptional Items 0.00% 0.00% 0.00% 0.00% -121.67%
Profit/Loss Before Tax 8.17 14.67 22.16 -27.44 -112.6 Profit/Loss Before Tax 100.00% 79.56% 51.06% -223.83% 310.35%
Tax Expenses-Continued
Operations
Tax Expenses-Continued
Operations
Current Tax 2.59 3.42 19.96 17.27 0 Current Tax 100.00% 32.05% 483.63% -13.48% -100.00%
Less: MAT Credit
Entitlement
1.5 2.71 0 0 0
Less: MAT Credit
Entitlement
100.00% 80.67% -100.00% 0.00% 0.00%
Deferred Tax 2.8 4.03 -2.52 -1.53 2.36 Deferred Tax 100.00% 43.93% -162.53% -39.29% -254.25%
Tax For Earlier Years -0.03 0 0 0.41 0 Tax For Earlier Years 100.00% -100.00% #DIV/0! #DIV/0! -100.00%
Total Tax Expenses 3.86 4.74 17.44 16.15 2.36 Total Tax Expenses 100.00% 22.80% 267.93% -7.40% -85.39%
Profit/Loss After Tax And
Before ExtraOrdinary
Items
4.31 9.93 4.72 -43.59 -114.96
Profit/Loss After Tax And
Before ExtraOrdinary
Items
100.00% 130.39% -52.47% -1023.52% 163.73%
Profit/Loss From
Continuing Operations
4.31 9.93 4.72 -43.59 -114.96
Profit/Loss From
Continuing Operations
100.00% 130.39% -52.47% -1023.52% 163.73%
Profit Loss From
Discontinuing Operations
0 0 0 0 155.57
Profit Loss From
Discontinuing Operations
100.00% 0.00% 0.00% 0.00% 155.57%
Total Tax Expenses
Discontinuing Operations
0 0 0 0 14.16
Total Tax Expenses
Discontinuing Operations
100.00% 0.00% 0.00% 0.00% 14.16%
Net Profit Loss From
Discontinuing Operations
0 0 0 0 141.41
Net Profit Loss From
Discontinuing Operations
100.00% 0.00% 0.00% 0.00% 141.41%
Profit/Loss For The
4.31 9.93 4.72 -43.59 26.45
Profit/Loss For The
100.00% 130.39% -52.47% -1023.52% -160.68%
13-Mar 14-Mar 15-Mar 16-Mar Mar 17 13-Mar 14-Mar 15-Mar 16-Mar Mar 17
18. NOTES
• The operating incomes from operations have increased till FY 2016, which took, however further break down
shows that they are mainly because of revenue from subsidiary TIPL, revenue from their main divisions (Total
revenue less revenue from TIPL) has also decreased from FY2016 to FY2017 which shows lesser earning from the
falling demand of cranes and other equipment and degrading market share
• Revenue from other operations consisting of selling commissions, scrap sale, Duty incentives have also gone down
especially after dissociation of Machine rental business of TIPL.
• Total Expenses have increased throughout the year, but because of scaling down the business by sale of Caterpillar
dealership business, the cost of expenses have also come down in the FY2017.
• The Profit before Tax and Exceptional items were incremental and positive till FY 2015 and then the company
incurred losses in FY2016 because of increase in expenses and generation of lesser revenue, and further made a
small recovery in the FY2017.
• Huge amount of losses were incurred by writing off Trade receivables and Inventory (long payment and unused out
of date goods and spare parts were written off) in the last FY2017 because of which the PAT was reduce to INR -114
Crore.
• Sale of the Caterpillar Dealership business brought in some cash for the company from discontinued operations
and the company had made an overall profit of INR 26 Crore because of this big sale of it’s subsidiary
19. ANALYSIS OF P&L STATEMENT OF LAST 5 FY
-500.00
0.00
500.00
1,000.00
1,500.00
2,000.00
FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16 FY2016-17
Total Revenue from Operations
Total Expenses
Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax
Profit/Loss From Continuing Operations
Profit/Loss From Discontinuing Operations
Profit/Loss For The Period
21. CONSOLIDATED CASH FLOW STATEMENT
(VALUES IN RUPEE. CRORE)
CONSOLIDATED CASH FLOW STATEMENT
PARTICULARS FY 2016-17 FY 2015-16 FY 2014-15 FY 2013-14 FY 2012-13
Net Profit/Loss Before
Extraordinary Items And Tax
-112.6 -27.44 22.16 14.67 8.17
Net CashFlow From Operating
Activities
-41.51 71.07 7.17 27.18 -21.56
Net Cash Used In Investing
Activities
321.78 -32.47 -39.36 -24.3 -45.53
Net Cash Used From Financing
Activities
-274.89 -44.83 25.83 -6.02 49.78
Net Inc/Dec In Cash And Cash
Equivalents
5.38 -6.23 6.36 -3.14 -17.31
Cash And Cash Equivalents Begin
of Year
9.54 37.8 44.38 47.52 64.83
Cash And Cash Equivalents End
Of Year
14.92 31.57 38.02 44.38 47.52
22. NOTES – CASH FLOW ANALYSIS
• From the Operating activities it can be seen that the
company has not done very well in generating money
from it’s operations. The company has to spend out from
it’s account in the operating activities due to decrease in
revenue collection and inventories of higher values being
written off, including Trade receivables/Advances/Claims.
• From the Investment activity cash flow, it can be seen
that there has been lesser investment on it’s assets.
Instead there has been accumulation of cash in the last
FY2017 because of sale of it’s subsidiary business
• From the financial activity cash flow, it can be seen that
the company has invested in getting itself free from all
the Short term and long term borrowings and financial
costs. This gives a short term relief from the borrowings
and the cash inflow from sale of it’s subsidiary has helped
in deleveraging the company.
-400
-300
-200
-100
0
100
200
300
400
FY 2016-
17
FY 2015-
16
FY 2014-
15
FY 2013-
14
FY 2012-
13
CASH FLOW ANALYSIS
Net CashFlow From Operating Activities
Net Cash Used In Investing Activities
Net Cash Used From Financing Activities
24. RATIO ANALYSIS
Liquidity Ratios
FY
2016-
17
FY
2015-
16
FY
2014-
15
FY
2013-
14
FY
2012-
13
Current Ratio 1.32 0.73 0.76 0.9 0.8
Quick Ratio 0.86 1.48 1.82 1.53 1.52
Debtors
Turnover Ratio
1.19 4.86 5.22 5.22 5.31
Stock to
Working Capital
Ratio
1.38 3.28 2.87 3.41 3.49
Net Working
Capital Ratio
0.36 0.18 0.18 0.31 0.30
0
1
2
3
4
5
6
FY2016-17 FY 2015-16 FY 2014-15 FY 2013-14 FY 2012-13
LIQUIDITY RATIO ANALYSIS
Current Ratio Quick Ratio
Debtors Turnover Ratio Stock to Working Capital Ratio
Net Working Capital Ratio
25. RATIO ANALYSIS NOTES
• The Working Capital is increasing every Financial Year, but the main concern is increase in the current liabilities and decrease in
the current asset, which can be observed in the shown Liquidity Ratios.
The Current Ratio shows insufficient liquidity of the company for day to day work and shows the ability of the company
to meet it’s current obligations of the business and the interest of the creditors are least protected.
The Quick ratio seems to be satisfying, but the point to be noted is high value of Trade receivables as compared to the
current cash and cash equivalents, which shows lesser liquidity of the debtors of the company (i.e. it has slow paying,
doubt full and long duration outstanding debtors)
The decreasing value of Debtor’s Turnover Ratio shows deteriorating collection period from their debtors.
The decreasing Stock to Working Capital Ratio shows the decreasing liquid assets in the company to take care of current
liabilities.
Net Working Capital Ratio which deteriorated in the middle years has improved slightly as the borrowings have lowered,
and now the company seems to have the ability to meet it’s current obligations. But still the values are very low which
needs to be improved in the further coming years as the other liquidity ratio shows insufficient liquidity of the company.
26. RATIO ANALYSIS
0
0.5
1
1.5
2
2.5
3
3.5
4
FY 2016-17 FY 2015-16 FY 2014-15 FY 2013-14 FY 2012-13
LEVERAGE RATIO
Debt Equity Ratio
Proprietory Ratio
Debt Ratio
Capital employed to Net Worth Ratio
Solvency Ratio
Fixed Asset Ratio
LEVERAGE RATIOS
FY
2016-17
FY
2015-16
FY
2014-15
FY
2013-14
FY
2012-13
Debt Equity Ratio 0.16 2.58 2.01 1.55 1.41
Proprietory Ratio 0.10 0.50 0.52 0.43 0.43
Debt Ratio 0.17 0.01 0.02 0.02 0.02
Capital employed
to Net Worth
Ratio
1.16 3.58 3.01 2.55 2.41
Solvency Ratio 1.67 3.28 2.44 2.24 2.32
Fixed Asset Ratio 3.12 0.45 0.52 0.62 0.69
27. RATIO ANALYSIS NOTES
It is observed that the share capital of the company has always remained in the same level, and the Short term and long term
borrowing have increased every year till last year which dropped to a lowest level by selling off the dealership business, which means
that the company have very lower level of outsider’s finances with very minimal increase in it’s Net Worth.
• The Equity value or the Net Worth of the company has remained almost constant through the last 5 financial year, and the trend of
the Debt Equity ratio shows increase in the Outsider’s debt and then sudden dip in the same in the last FY2017 which shows that
now the company has lower outsider’s borrowings which can be interpreted that the company is in a slightly better position after
the sale of it’s dealership business.
• The Proprietary ratio also increased to decrease from FY2016. This shows that the liabilities of the company has increased and the
assets have decreased which can effect the interest of the creditors of the company
• The Debt ratio shows that the outside lender’s finance had been constant, but have increased in the last FY2017. Although the
borrowings have decreased, but the company is still dependent on outsider’s borrowings and the Net Asset needs to be increased
to be more self dependent.
• The Capital employed to Net worth ratio was increasing each year, which got affected by the sale of the Dealership business, which
shows that for each rupee contribution of the owner, the total contribution of the lenders and owners have decreased.
• Solvency Ratio has deteriorated and the value has continuously gone down throughout the last five years which shows that the
company’s solvency position is not good.
• Fixed Asset Ratio has gone over 1 which is not good in the last FY 2017. The value of the fixed assets have gone down and the value
of the capital employed have considerably reduced as the long term and short term borrowings have reduced and the dependency
on short term borrowings is more currently which is bad for business as it is unsustainable in the long run.
28. RATIO ANALYSIS
ACTIVITY/TURN
OVER RATIO
FY 2016-
17
FY
2015-
16
FY
2014-
15
FY
2013-
14
FY
2012-
13
Inventory
Turnover Ratio
1.8 3.97 3.74 3.65 3.55
Debtors
Turnover Ratio
1.19 4.86 5.22 5.22 5.31
Creditors
Turnover Ratio
0.45 4.61 6.24 3.86 5.38
Working Capital
Turnover Ratio
0.20 15.49 10.87 4.82 4.47
Investments
Turnover Ratio
1.8 3.97 3.74 3.65 3.55
Fixed Assets
Turnover Ratio
1.21 3.62 3.35 3.21 3.05
Total Assets
Turnover Ratio
0.86 1.76 1.54 1.48 1.39 0
2
4
6
8
10
12
14
16
18
FY 2016-17 FY 2015-16 FY 2014-15 FY 2013-14 FY 2012-13
ACTIVITY RATIO Inventory Turnover
Ratio
Debtors Turnover
Ratio
Creditors Turnover
Ratio
Working Capital
Turnover Ratio
Investments Turnover
Ratio
Fixed Assets Turnover
Ratio
29. RATIO ANALYSIS NOTES
• Inventory Turnover Ratio was improving every year, but it has dropped down to almost half in the last
FY2017 which shows that the no of days of holding of it’s inventory has increased. This may be because of
decrease in sales due to poor demand of it’s product against it’s sales projections. This effect can also be
seen in Debtor’s Turnover Ratio, showing poor collection from current debts (shown in previous slides).
• The decreasing value of Debtor’s Turnover Ratio shows deteriorating collection period from their debtors.
The company must have to bear the greater expense of collection.
• The Creditors Turnover Ratio has also decreased, which shows the company’s credit payment cycle has
considerably decreased and it will be having higher inability to meet it’s obligation in time. Maybe because
of this the company’s dependency on short term borrowings have increased which is not good for long run
in the business.
• The Working Capital Turnover Ratio at first increased abnormally till FY2016 and then dipped below 1,
which shows inefficient utilization of working capital.
• The values of Fixed Asset Turnover Ratio have increased slightly till FY2016 and then decreased to almost
half which shows underutilization of fixed assets. This may be linked to the under-utilization of the
Kharagpur plant for their road construction equipment and other important assets used inefficiently.
• Total Asset Turnover Ratio also follows the same trend and shows insufficient use of the total assets.
30. RATIO ANALYSIS
General
Profitability
Ratio
FY
2016-17
FY
2015-
16
FY
2014-
15
FY
2013-
14
FY
2012-
13
Gross Profit
Ratio
5.36% 3.72% 7.07% 5.70% 4.60%
Net Profit
Ratio
8.58% -2.51% 0.32% 0.76% 0.37%
Operating
Profit Margin
9.00% 5.96% 9.80% 8.09% 6.96%
Return On
Asset
2.60% -3.19% 0.37% 0.80% 0.39%
ROE 8.82%
-
14.12%
1.36% 2.75% 1.22%
Return on
Invested
Capital
6.56% 1.41% 5.82% 1.12% 0.52%
-20.00%
-15.00%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
FY 2016-
17
FY 2015-
16
FY 2014-
15
FY 2013-
14
FY 2012-
13
PROFITABILITY RATIOS
Gross Profit Ratio Net Profit Ratio
Operating Profit Margin Return On Asset
ROE Return on Invested Capital
31. RATIO ANALYSIS NOTES
• The Gross Profit Ratio increased till FY 2015 and then started to show a dip. In the last FY2017, the value increased
because of profit addition from discontinued operation (Sale of subsidiary business)
• The Net Profit Ratio was having very less value till FY 2015 because of higher value of Sales and lower PAT, in the next year
the NPR was in negative because of loss made by the company, however in the FY 2017, the PAT value was higher because
of high profit from discontinued operation because of which the value increased to more than 8%. Next year the value is
expected to take a dip.
• The Operating Profit Margin has been increasing and decreasing throughout the last five years. The value decreased in the
FY2016, however it again increased showing the company is making some profit after taking care of the variable costs and
it is increasing.
• The Return on Asset Margin have decreased to negative till the FY 2016, however it increased to ever high in these five
years, showing that the profitability of the company has increased. However further analysis shows that the increase in
earning in the last FY2017 was because of discontinued operation of sale of it’s subsidiary business and decrease in total
assets the company owns, because of which the value of ROA increased.
• The Return on Equity Margin were not of high values and took a big dip in negative number in the FY2016 because of the
loss the company made. However in the year 2017 the company had a profit because of discontinued operations because
of which the PAT value was higher and the Net worth of the company had slightly improved, resulting in belief of higher
return on shareholder’s investment in the company.
• The Return on Invested Capital have increased after going down in FY2016 in between these five years showing better
profit return on the capital employed.
32. SHORT TERM AND LONG TERM POSITION
ANALYSIS
• SHORT TERM STATUS OF TIL LIMITED
The company’s short term position does not seems to be in a very good position.
The borrowings have decreased, but the liquidity ratios shows that the company
must be facing problems to meet it’s current obligations. Not only the current
assets are decreasing to support the short term liabilities, the debt collection
period as well as the credit pay off periods are not satisfactory.
It is also facing problems in decreasing sales because of uncertain market, which is
reflecting in the Inventory turnover ratio and showing inventory position, which is
not in good shape. Also there is inefficiency in management of working capital and
inefficient utilization of the assets available.
The company must be working on improving it’s position after deleveraging itself
by disassociating it with it’s dealership business of Caterpillar Inc. and
concentrating on it’s core competency in the business of manufacturing and sale of
material handling equipments.
33. SHORT TERM AND LONG TERM POSITION
ANALYSIS
• LONG TERM STATUS OF TIL LIMITED
The company has shown that it is concentrating on it’s core business of Material
Handling Equipment after selling off it’s dealership subsidiary to GMPL. But it is still
holding on with the road construction equipment business which has not been a
success.
The company seems of becoming more dependent on short term borrowings with
reduction of assets. The profit ratios shows that the profitability position was not so
good and the company was making losses in the FY 2016. However it improved in
FY 2017 only because of sale of it’s subsidiary company which acted as oxygen in
the form of cash which was necessary to settle the debs the company was under.
The solvency ratio numbers does not project good image of the long term position
of the company, it has been unable to meet it’s debt obligation and increasing risk
of the company to become insolvent. The company must be taking appropriate
actions to improve it’s solvency position by settling most of the short term and long
term loans after sale of their subsidiary business.
34. SOME OTHER IMPORTANT VALUES
PARTICUL
ARS
2016-
17
2015-
16
2014-
15
2013-
14
2012-
13
TURNOVER 344.07 1778.60 1507.5
8
1347.7
2
1213.9
3
NET
WORTH
291.19 176.26 242.55 272.44 271.84
SALES 329.45 331.72 341.66 295.05 285.14
PBT 137.89 (660.2) (290.1) 3.71 5
PAT 121.37 (662.9) (286.2) 2.51 2.67
OPERATING
COST
291.66 1671.63 1367.42 1237.74 1119.68
WORKING
CAPITAL
106.02 72.64 77.78 153.77 152.46
-1000
-500
0
500
1000
1500
2000
2016-17 2015-16 2014-15 2013-14 2012-13
CHART TITLE
TURNOVER NET WORTH SALES
PBT PAT OPERATING COST
WORKING CAPITAL*ALL THE VALUES IN INR CRORE
35. FUTURE TREND ANALYSIS
Jun '17 Mar '17 Dec '16 Sep '16 Jun '16
Net Sales/Income from operations 72.73 100.83 60.01 69.61 75.02
Other Operating Income -- -- 1.46 0.4 0.84
Total Income From Operations 72.73 100.83 61.47 70.01 75.86
EXPENDITURE
Consumption of Raw Materials 37.3 45.4 31.15 43.72 48.39
Purchase of Traded Goods 1.81 14.52 5.65 10.77 4.26
Increase/Decrease in Stocks 0.94 -5.72 -2.67 -9.42 3.43
Employees Cost 13.24 12.59 11.72 12.18 12.58
Depreciation 2.9 2.95 2.72 2.81 2.75
Other Expenses 12 1.63 9.33 12.99 17.4
P/L Before Other Inc. , Int., Excpt. Items
& Tax
4.54 29.46 3.57 -3.04 -12.95
Other Income 1.04 9.15 0.6 1.19 0.24
P/L Before Int., Excpt. Items & Tax 5.58 38.61 4.17 -1.85 -12.71
Interest 3.16 3.01 3.72 3.89 10.49
P/L Before Exceptional Items & Tax 2.42 35.6 0.45 -5.74 -23.2
Exceptional Items -- -123.37 -- -- 254.15
P/L Before Tax 2.42 -87.77 0.45 -5.74 230.95
Tax 0.61 -33.62 0.3 0.38 49.46
P/L After Tax from Ordinary Activities 1.81 -54.15 0.15 -6.12 181.49
Net Profit/(Loss) For the Period 1.81 -54.15 0.15 -6.12 181.49
Equity Share Capital 10.03 10.03 10.03 10.03 10.03
36. FUTURE TREND ANALYSIS
• The income from operations have reduced as compared to the previous quarter, however when compared
to the April-June 2016 quarter, it has improved. The CMD has claimed in one of his interview that the
company is having total orders worth INR180 Crore in hand, which we can only evaluate when the next
quarter’s result is declared by the company.
• The Cost of Sales have also reduced the last quarter which shows that the company is trying to achieve more
at lower cost.
• The PBT and the PAT values have been better than any other last five quarter which shows that the company
is trying to come out of it’s previous performance and we have to wait and watch how it does in the next
coming years to improve it’s solvency.
• The EPS Values have also shown an improving trend and this will boost the shareholder’s investment in the
company.
FY MAR-13 MAR-14 MAR-15 MAR-16 MAR-17
EPS
(RUPEE)
4.3 9.9 4.7 -43.46 26.37
37. FUTURE TREND ANALYSIS
• The Share price trend in the NSE and the BSE
shows that the value of the shares have increased
November-December 2016 and is still on the
increasing trend. The values in both the stock
markets are near the range of Rs. 512 – Rs. 518
each share. This shows that the investors are again
developing trust on the company, which might
have been possible because of change in it’s
strategy to focus on no-institutional customers
more, and introduction of new designs in the old
crane models and introduction of few new models
in the segments where it was not present before.
39. STRENGTH
• Increase in Net-worth and Turnover every year
• Increase in Share prices
• Improving EPS
• Inflow of cash from investing activity which provided the much
needed cash required to improve it’s profit and get rid of most of the
debts.
40. WEAKNESS
• The Debt must have reduced but the assets have also reduce and is
not sufficient to take care of liabilities, can be seen from Proprietary
ratio.
• It is more dependent on outsider’s fund, can be seen from Debt Ratio
and Fixed Asset ratio
• Inventory Turnover Ratio shows that the conversion of inventory to
finished good is deteriorating, possible reasons of decrease in sales.
• Debtor’s Turnover Ratio shows deteriorating collection period from
their debtors
41. OPPORTUNITY
• Sale of it’s subsidiary has helped the company to deleverage itself
from outstanding liabilities
• Profit from Discontinued operations has saved the company from
making losses for continuous 2 years.
• Decrease in Debt Equity ratio shows lesser debt
• The profit ratios have improved as the company made profit this year
and the share prices have increased.
42. THREAT
• Cash flow from operating activity has dipped into negative value and cash
generation from operation needs immediate attention.
• Insufficient liquidity to take care of current liabilities, can be seen from the
liquidity ratios
• Decrease in borrowings after disassociation with it’s subsidiary from Net
Working Capital ratio can be found out
• Debtor’s Turnover Ratio shows deteriorating collection period from their
debtors.
• Solvency Ratio shows deteriorating solvency position of the company.
• Creditors Turnover Ratio has also decreased, which shows the company’s
credit payment cycle has decreased and it may face problems in releasing
payment to suppliers and has forced the company to take short term loans.
43. CONCLUSION
• The company is trying it’s best to come out of it’s past loss making conditions
and has been able to gain the confidence of it’s shareholders which is evident
from the rising Share prices in both the NSE and BSE market. The net worth of
the company is also stable which gives one more reason for the shareholders
to maintain their belief on the company for their wealth maximization.
• The company got a relief from it’s losses and increasing debts by selling off it’s
successful Subsidiary of Caterpillar dealership business. The company is
targeting a turnover of 400Crore in the FY2017-18, however looking at the
current market conditions and demand of cranes and TIL Limited’s
unsuccessful road construction equipment it is too early to confirm that the
company will be successful to reach the set target.
• However with the current order holdings and it’s successful Reachstacker
machine and it’s new initiative for reinventing itself it cannot be denied that
the company can cross the 300 crore turnover mark.
• The company has the potential to be more profitable and shareholders should
invest in TIL Limited’s share.