3 - akhil kohli - itc ltd

Post on 29-May-2018

221 views

Category:

Documents

0 download

Embed Size (px)

TRANSCRIPT

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    1/32

    BALANCE SHE

    Mar' 09 Mar' 08 Mar' 07 Mar' 06

    Sources of funds

    Owner's fund

    Equity share capital 377.44 376.86 376.22 375.52

    Share application money - - - -

    Preference share capital - - - -

    Reserves & surplus ### ### ### 8,626.79

    Loan funds

    Secured loans 11.63 5.57 60.78 25.91

    Unsecured loans 165.92 208.86 140.1 93.82

    TOTAL ### ### ### 9122.04

    Uses of fundsFixed assets

    Gross block ### 8,959.70 7,134.31 6,227.17

    Less : revaluation reserve 55.09 56.12 57.08 59.17

    Less : accumulated depreciation 3,286.74 2,790.87 2,389.54 2,065.44

    Net block 7,216.82 6,112.71 4,687.69 4,102.56

    Capital work-in-progress 1,214.06 1,126.82 1,130.20 399.97

    Investments 2,837.75 2,934.55 3,067.77 3,517.01

    Net current assetsCurrent assets, loans & advances 8,450.99 7,306.99 6,281.07 5,228.49

    Less : current liabilities & provisions 5,862.08 5,265.09 4,585.85 4,125.99

    Total net current assets 2,588.91 2,041.90 1,695.22 1,102.50

    Miscellaneous expenses not written - - - -

    TOTAL ### ### ### ###

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    2/32

    T

    Mar' 05

    248.22

    1.21

    -

    7,586.28

    88.69

    156.67

    8081.07

    5,746.27

    59.9

    1,795.51

    3,890.86

    186.15

    3,874.68

    3,736.66

    3,607.28

    129.38

    -

    ###

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    3/32

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    4/32

    PROFIT LOS

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    INCOME

    Gross Sales ### ### ### ### ###

    Less : Excise Duties and Taxes on Sales of

    Products and Services 7755.42 7408.41 7135.75 6433.9 5710.13

    Net Sales 15388.11 13947.53 12369.3 9790.53 7638

    Other Income 534.93 610.90 336.49 286.08 235.81

    TOTAL ### ### ### ### Rs. 5.93

    Expenditure

    Raw Materials etc 6,446.78 6,016.70 5,384.86 3,983.23 2,769.07

    Manufacturing, Selling etc. Expenses 4,101.11 3,531.50 3,031.31 2,491.85 2,119.77

    Depreciation 549.41 438.46 362.92 332.34 312.87

    TOTAL 11097.3 9986.66 8779.09 6807.42 ###

    PROFIT

    Profit before Taxation 4,825.74 4,571.77 3,926.70 3,269.19 2,673.07

    Provision for Taxation 1562.15 1451.67 1226.73 988.82 836

    Profit after Taxation 3263.59 3120.1 2699.97 2280.37 1837.07

    Profit brought forward 724.45 647.53 562.06 611.41 387.04

    Available for appropriation ### ### ### ### ###

    Appropriations

    General Reserve 1,500.00 1,500.00 1,250.00 1,150.00 1,100.00

    Proposed Dividend 1396.53 1319.01 1166.29 995.12 773.25

    Income Tax on Proposed Dividend 198.21 139.58 109.25

    - Current year 237.34 224.17

    - Earlier years provision no longer reqd -3.97

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    5/32

    Profit carried forward 858.14 724.45 647.53 562.06 611.41

    TOTAL 3988.04 3767.63 3262.03 2846.76 2594.38

    Earnings Per Share (Face Value Re. 1.00 each) 19(iii)

    Basic Rs. 8.66 Rs. 8.29 Rs. 7.19 Rs. 5.96 Rs. 5.85

    Diluted Rs. 8.64 Rs. 8.25 Rs. 7.16 Rs. 5.93 Rs. 5.85

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    6/32

    ACCOUNT

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    7/32

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    8/32

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    9/32

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    10/32

    CASH FLO

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    Profit before tax 4,825.74 4,571.77 3,926.70 3,269.19 2,673.07

    Net cashflow-operating activity 3,279.03 2,722.96 2,141.19 1,929.68 1,851.20

    Net cash used in investing activity -1,260.74 -1,736.78 -1,082.78 -175.31 -1,438.95

    Netcash used in fin. activity -1,556.15 -1,316.09 -1,014.07 -954.21 -417.09

    Net inc/dec in cash and equivlnt 462.14 -329.91 44.34 800.16 -4.84

    Cash and equivalnt begin of year 570.25 900.16 855.82 55.66 60.5

    Cash and equivalnt end of year 1,032.39 570.25 900.16 855.82 55.66

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    11/32

    S

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    12/32

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    13/32

    PROFITABILI

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    Gross profit margin (%) 32.85 31.57 32.51 34.36 36.4

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    Net profit margin (%) 21.18 21.5 21.4 22.19 28

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    Asset Turnover Ratio 1.67 1.75 1.84 1.78 1.65

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    RETURN ON ASSET(%) 28.78 30.84 30.83 31.21 31.92

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    RETURN ON EQUITY(%) 29.15 31.39 31.43 31.62 32.92

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    14/32

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    EARNINGS PER SHARE Rs. 8.64 Rs. 8.25 Rs. 7.16 Rs. 5.93 Rs. 5.85

    ANALYSIS

    As we see from the graphs, profit margin has been varying marginally over time, this sho

    proportion to the sales , though both net profits and sales have been increasing over time

    firm is in a healthy position.

    Similar is the case is with the return on asset which has been almost the same for years w

    that the assets have been increasing along with the profits as ROA is equal to Profit after t

    Asset

    Though the stats are very healthy and increasing yearly but from these ratio we cannot pr

    the position of the firm as there is marginal difference in the ratios.

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    15/32

    Y RATIOS

    203040

    Series1

    Gross profitmargin (%)

    2040

    Gross profitmargin (%)

    Net profitmargin (%)

    ' ' ' ' '

    22

    Net profitmargin (%)

    Asset TurnoverRatio

    253035

    Asset TurnoverRatio

    RETURN ONASSET(%)

    253035

    RETURN ONASSET(%)

    RETURN ONEQUITY(%)

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    16/32

    s that profits are in

    which suggests that the

    hich again shows

    ax divided by Total

    edict cearly

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    17/32

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    18/32

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    19/32

    LIQUIDITY

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    CURRENT RATIO 1.44 1.39 1.37 1.27 1.04

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    QUICK RATIO 0.6 0.56 0.58 0.57 0.42

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    INVENTORY TURNOVER RA 5.26 5.51 6.05 6.43 6.99

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    20/32

    ANALYSIS

    Current Ratio is the ratio of the current asset which are available and current liabilities an

    years which is a positive signal for the company as we have more asset in proportion to th

    Ideal Current ratio is 2 which suggests that the company has 2 times current asset in com

    Quick ratio is the ratio of the liquid assets(which can be converted into cash immediately)

    It has been increasing which again is a positive signal for the company

    Ideal Quick ratio is 1 which suggests that the co has equal quick asset as liabilities

    Inventory Turnover Ratio is the ratio of the cost of good solds and Average Inventories ava

    which suggests that how easily the inventory is turned into sales . It has been increasing o

    times which suggests that the company is keeping more inventory and getting more cons

    in its approach

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    21/32

    ATIOS

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    12

    Series1

    CURRENTRATIO

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    1

    CURRENTRATIO

    QUICK RATIO

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    5

    10

    QUICK RATIO

    INVENTORYTURNOVER

    RATIO

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    22/32

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    23/32

    SOLVENCY

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    DEBT EQUITY RATIO 0.01 0.02 0.02 0.01 0.03

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    Fixed assets turnover rati 1.44 1.59 1.75 1.59 1.33

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    INTEREST COVER 275.83 955.3 1206.38 278.91 65.82

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    24/32

    ANALYSIS

    Debt Equity Ratio is the ratio between the total debt(which is equal to the secured and un

    and the equity(which is equal to the share capital and the reserves and surplus)

    As debt equity ratio is very low, this shows that most of the financing done by the compan

    and it uses very little debt.

    Due to this very low DEBT EQUITY ratio, the firm exposes its creditors very less risk.

    It measures the protection available to the creditors for payment of interst charges by the

    It is also the main factor for Credit Rating Agencies to mark the co.

    As it has decreased to a great extent from the previous year, not a good signal though it i

    So not much worries for the co. as there still it has a good credit rating.

    Interest Cover is the ratio of the profit before interst and tax and Interest Expense

  • 8/8/2019 3 - Akhil Kohli - ITC Ltd.

    25/32

    RATIOS

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    Series1

    DEBT EQUITYRATIO

    Mar '09 Mar '08 Mar '07 Mar '06 Mar '05

    12

    DEBT EQUITYRATIO

    Fixed assetsturnover ratio

    10002000

    Fixed assetsturnover rati

    INTERESTCOVER