financialstatementanalysis-140120094757-phpapp02

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Financial Statement Analysis

Submitted by:

-Pratyush Kumar 75244

Submitted to: Dr. Kumar Bijoy

Academic year: 2013-2014


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2

Sector and Companies

Cement

Ambuja

Cements

Ultra Tech

Cements

Finance

RelianceCapital Ltd.

JMFinancial


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A non-banking financial company (NBFC) is a companyregistered under the Companies Act, 1956 which is primarilyengaged in the business activities like loans and advances,

acquisition of shares/stock/bonds/debentures/securities issuedby government or local authority or other securities of likemarketable nature, leasing, hire-purchase, insurance business.It bars any institution whose principal business is that ofagriculture activity, industrial activity,

sale/purchase/construction of immovable property. SundaramFinance is a strong player in the commercial vehicle and carfinance segments. Housing finance sector benefited from realty

boom since 2002-03.

3

Finance-Investment


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Type Public, (BSE: 500425),

(NSE: AMBUJACEM)

Industry Cement

Founded 1986

Headquarters Mumbai, Maharashtra, India

Key people Suresh Neotia, Founder, Chairman

Emeritus

N. S. Sekhsaria,Co-Founder, Chairman

Onne van der Weijde, ManagingDirector

Products Cement

Revenue 7637.81 crore(US$1.2 billion)2010

Website www.ambujacement.com

5

Ambuja Cements


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Ambuja cements volume market share in 2008 is 10% which has seen a dip

from 11% in 2007

The four companies--ACC, Ambuja Cement, Grasim and UltraTech--

together hold about 39.80% market share.

The reason for this dip is

Fall in demand

Aggressive capacity expansion by competitors

6

39%

36%

24%

1%Market share

Ambuja, ACC, Grasim,Ultra

Mid players(Shree,Madras, India)

Small players(Home,Orient, Binani)

New players(Reliance,murli Agro, JSW)


7/397

0

0.2

0.4

0.6

0.8

1

1.2

1.4

1.6

1.8

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Current ratio

Ambuja Cements

Current ratio

amt in fixed depositsearlier.

Later with deposits

having a maturity less

than 3 months.
http://localhost/var/www/apps/conversion/tmp/scratch_7/Capture5.JPG


8/398

0

0.2

0.4

0.6

0.8

1

1.2

1.4

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Quick ratio

Ambuja Cements

Quick ratio


9/399

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

0.45

0.5

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Total debt to assets ratio

Ambuja Cements


Debt Includessecuredand

unsecured

loans
http://localhost/var/www/apps/conversion/tmp/scratch_7/Capture1.JPGhttp://localhost/var/www/apps/conversion/tmp/scratch_7/Capture2.JPGhttp://localhost/var/www/apps/conversion/tmp/scratch_7/Capture2.JPGhttp://localhost/var/www/apps/conversion/tmp/scratch_7/Capture1.JPG


10/3910

-60

-50

-40

-30

-20

-10

0

10

20

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

working capital turnover ratio

Ambuja Cements

working capital turnoverratio

Current assets

have inc.


11/3911

0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

proprietary ratio

Ambuja Cements

proprietary ratio


12/39

12

0

0.2

0.4

0.6

0.8

1

1.2

2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Debt equity ratio

Ambuja Cements

Debt equity ratio


13/39

13

0

0.2

0.4

0.6

0.8

1

1.2

1.4

1.6

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

fixed asset turnover ratio

Ambuja Cements

fixed asset turnoverratio


14/39

14

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

operating ratio

Ambuja Cements

operating ratio


15/39

15

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Net profit ratio

Ambuja Cements

Net profit ratio


16/39

16

0

0.1

0.2

0.3

0.4

0.5

0.6

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Gross profit ratio

Ambuja Cements

Gross profit ratio


17/39

17

0

10

20

30

40

50

60

70

80

90

100

2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

debtors turnover ratio

Ambuja Cements

debtors turnoverratio


18/39

18

0

2

4

6

8

10

12

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

stock turnover ratio

Ambuja Cements

stock turnover

ratio


19/39

19

0

5

10

15

20

25

30

2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

PE Ratio

PE Ratio


20/39

20

0

0.5

1

1.5

2

2.5

3

2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

BV to MV Ratio

BV to MV Ratio


21/39

21

Ultra Tech Cements


22/39

22

0

0.1

0.2

0.3

0.4

0.5

0.6

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Current Ratio

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Quick Ratio


23/39

From Annual Report 2011 23


24/39

24

0

0.2

0.4

0.6

0.8

1

1.2

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Proprietory Ratio

-9

-8

-7

-6

-5-4

-3

-2

-1

02013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Working Capital Turnover ratio


25/39

25

0

0.2

0.4

0.6

0.8

1

1.2

1.4

1.6

1.8

2

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Fixed Assets Turnover Ratio

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Operating Ratio


26/39

26

0

0.02

0.04

0.06

0.08

0.1

0.12

0.140.16

0.18

0.2

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Net Profit Ratio

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

0.45

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Gross Profit Ratio


27/39

27

JM Financial


28/39

28

0

0.2

0.4

0.6

0.8

1

1.2

1.4

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Current ratio

JM Financials

Current ratio

Current liabilities

increased(other

liabilities).

Similar trend in CL,with inc. in

unclaimed dividend.

amt with fixed

deposits put into

deposit a/c (less

than 3 yrs
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29

0

0.2

0.4

0.6

0.8

1

1.2

1.4

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Quick ratio

JM Financials

Quick ratio


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30

0.00000

0.00002

0.00004

0.00006

0.00008

0.00010

0.00012

0.00014

0.00016

0.00018

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003


JM Financials

Total debt to assetsratio

Company took

some secured and

unsecured loans.
http://c/Users/Pratyush2923/Desktop/FSA%20Project/Capture.JPGhttp://c/Users/Pratyush2923/Desktop/FSA%20Project/Capture.JPGhttp://c/Users/Pratyush2923/Desktop/FSA%20Project/Capture.JPGhttp://c/Users/Pratyush2923/Desktop/FSA%20Project/Capture.JPG


31/39

31

0.82

0.84

0.86

0.88

0.9

0.92

0.94

0.96

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

proprietary ratio

JM Financials

proprietary ratio


32/39


33/39

33

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

0.45

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

fixed asset turnover ratio

JM Financials

fixed asset turnoverratio


34/39

34

-0.4

-0.2

0

0.2

0.4

0.6

0.8

1

1.2

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Operating ratio

JM Financials

operating ratio


35/39

35

0

5

10

15

20

25

30

35

40

45

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Net profit ratio

JM Financials

Net profit ratio


36/39

36

0

0.5

1

1.5

2

2.5

3

3.5

4

4.5

5

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

Gross profit ratio

JM Financials

Gross profit ratio


37/39

37

0

50

100

150

200

250

300

350

400

450

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

PE Ratio

PE Ratio


38/39

38

0

5

10

15

20

25

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003

BV to MV Ratio

BV to MVRatio


39/39

THANK YOU

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