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Summer Project Report
On
FUNDAMENTAL ANALYSIS OF IRON AND STEEL
INDUSTRY AND TATA STEEL
At
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Table of content
S.NO Pg No.
DECLARATION
CERTIFICATE OF GUIDEACKNOWLEDGEMENT
EXECUTIVE SUMMARY 4
INTRODUCTION 6
REVIEW OF LITERATURE 10
RESEARCH METHODOLOGY 14
ANALYSIS OF RESULTS 16
PART #1 E!o"o$ A"%&$'(' 1)
PART #* A"%&$'(' o+ I,o" %"- S//& ("-',$ *4
PART # ANALYSIS OF TATA STEEL
PART #4 DETAILED ANALYSIS OF THE
ANNUAL REPORT
2
FINDINGS AND RECOMMENDATIONS 6)
CONCLUSION )
REFERENCES )4
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ACKNOWLEDGEMENT
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EXECUTIVE SUMMARY
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INTRODUCTION
Introduction !out t"e compn#
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REVIE+ OF LITERATURE
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RESEARC. MET.ODOLO)Y
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ANALYSIS OF RESULTS
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PART /01 ECONOMY ANALYSIS
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PART /41 ANALYSIS OF IRON AND STEEL INDUSTRY
Stee& Indu'tr#
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)o*ernment Po&ic#
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o+ 7o %' (": VSL '/' COREX % ,/8o&(o"%,$ /!"o&og$ +o, %5("g '//& '("g
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Stee& Price'
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Compn# 67-68
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Indu'tr# A$$re$te1 Finnci& Per%ormnce
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PART /=1 ANALYSIS OF TATA STEEL
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PART /1 DETAILED ANALYSIS OF T.E ANNUAL REPORT
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T/ !o:%"$ !%"g/- (' "%/ +,o TISCO o TATA STEEL LTD. 9./.+.
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T.E FINANCIAL STATEMENTS
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E3penditure
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!o"'/- :%$/"' o /:&o$//' o:/,%(o"%& %"- o/, /;:/"'/' +,/(g
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* D/:,/!(%(o" %' ("!,/%'/- 7$ *6 %("&$ -/ o ("!,/%'/ (" g,o'' 7&o!5 %"- ('
(' 6 o+ "/ '%&/'.
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EMPLOYEE SEPERATION COMPENATION
I %' -/!,/%'/- 7$ >6 -/ o ,/8('(o" (" AS?1> %"- '/:%,%(o" o+ 1141 /:&o$//'
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P@T
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PAT
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I (' *4 o+ "/ '%&/'.
PROFIT FOR APPROPRIATION
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(&nce S"eet An'i'
Fund' Emp&o#ed-
Source' o% Fund'
1 SHARE CAPITAL
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!%'. T' / / o+ / /?06 -/ o E;!%"g/F&!%(o" o" &o"g /, &o%"' (" ,/&%(o" o "o"?("/g,%& +o,/(g" o:/,%(o".
T/ ',:&' ,%"'+/,,/- +,o / :& %!!o" o / ,/'/,8/ %' ("!,/%'/- +,o
R'. 1)20.*1 !,o,/' o R'. *2)6.16 !,o,/'. T(' ("-(!%/' o / +%! % /
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TOTAL SHAREHOLDERS FUND
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4 LOANS
SECURED LOANS
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7%!5.
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&o%"' +,o PC?SDF.
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UNSECURED LOANS
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I"/,/' F,// &o%"' S%&/' %; D/+/,,%& S!//.
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7: DEFFERED TAX LIA(ILITY 9NET:
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I %' ("!,/%'/- 7$ R'.1*).> !,o,/' -/ o ("!,/%'/ (" -(++/,/"!/ 7/9//" 7oo5 %"-
%; -/:,/!(%(o" %"- % '%&& -/!,/%'/ (" /:&o$// '/:%,%(o" '!//.
Tot& Fund' Emp&o#ed
D/ o %&& / %7o8/ '%/- !%"g/' To%& F"-' E:&o$/- %' ("!,/%'/- 7$ R'. *4).>
!o,/' %" ("!,/%'/ o+ *0. T/ %::&(!%(o" o+ /'/ +"-' %' 7//" /;:&%("/- 7/&o9.
App&iction o% Fund'
1 FIXED ASSETS
GROSS @LOCK
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N/; (' / %o" ("8/'/- (" 7(&-("g' % (' R'. *00).*4 !,o,/'.
T/ '!/-&/ g(8/" (" %""/;,/ :,o8(-/' -/%(& ("+o,%(o" %7o G,o''
7&o!5 %"- -/:,/!(%(o" +o, 8%,(o' +(;/- %''/' %&o"g 9( o8//"' %7o
%--((o"' %"- -/&/(o"' (:%(,/" %"- N/ 7&o!5. To%& g,o'' 7&o!5 o+
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R'.26>.0> !,o,/'.
T/,/ %' 7//" %" ("!,/%'/ (" %&& / +(;/- %''/' o+ / !o:%"$.
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%"- %!("/,$ ("!,/%'/- 7$ o8/, 100 !,o,/'.
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D/:,/!(%(o" o+ / !,,/" :/,(o- (' R'. ))>.10 !,o,/'
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!,o,/'.
NET @LOCK ? ("!,/%'/- 7$ R'. )> !,o,/' o, .*.
* INVESTMENTS
I"8/'/"' %,/ -(8(-/- ("o Lo"g T/, %"- C,,/". Lo"g T/,
I"8/'/"' %,/ -(8(-/- ("o T,%-/ I"8/'/"' %"- ("8/'/" ("
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-("((o" (" 8%&/
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8%,(o' !o:%"(/'
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So!5 (" ,%-/ %' ("!,/%'/- 7$ R'. 11.40 !,o,/' %("&$ -/ o %" ("!,/%'/ ("
+("('/- '/( +("('/- %"- ,%9 %/,(%&' :,!%'/. Wo,5?("? :,og,/'' %'
-/!,/%'/- ("-(!%("g /++(!(/"!$ (" o:/,%(o".
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%8/ ("!,/%'/- 7$ R'. !,o,/'. D/!,/%'/ (" '"-,$ -/7o,' ("-(!%/' +%'/,
,/!o8/,$ o+ -/' %"- 7//, ,"o8/,. T(' ("-(!%/' (:,o8/- /++(!(/"!$ o+
o:/,%(o"' %"- 7//, %"%g//" o+ -/7o,'.
C%' %"- 7%"5 7%&%"!/' ("!&-/ !%' !,,/" %!!o"' 9( 8%,(o' 7%"5'
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-/ o %" ("!,/%'/ (" !,,/" %!!o"' 9( '!/-&/- 7%"5'. A" ("!,/%'/
("-(!%/' 7//, &(0 !,o,/' -/ o '7'%"(%& ,/-!(o" (" &o%"' %"-
%-8%"!/' o '7'(-(%,$ !o:%"(/'.
Lo%"' ("!&-/ "'/!,/- goo- &o%"' %"- !o"'(-/,/- -o7+& &o%"'.
GROSS CURRENT ASSETS? I"!,/%'/- 7$ %::,o; R'. 1>4 !,o,/' ("-(!%("g 7//,
&(
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S"-,$ C,/-(o,' %8/ ("!,/%'/- 7$ R'. *14 !,o,/' %"- (' R' *>4.0 !,o,/'.
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!o:%"$ /"3o$' +%, (g/, !,/-( :/,(o- %" ( %&&o9' o (' !'o/,'. A&'o
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C,,/" L(%7(&((/' ("!,/%'/- R'. 146 !,o,/' %("&$ -/ o ("!,/%'/ (" '"-,$
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8: PROVISIONS
T/ :,o8('(o"' ("!&-/ P,o8('(o"' +o, R/(,("g g,%((/' P,o8('(o" +o, %;
P,o8('(o" +o, F@T %"- P,o:o'/- -(8(-/"-. T/ :,o8('(o" +o, ,/(,("g
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R'. 4*).60 !,o,/'.
H/"!/ / N/ C,,/" A''/' %,/ :o'((8/ %"- '%"- % R'. 4*. !,o,/'. T(' /%"'
/,/ %,/ "o '++(!(/" +"-' 9( / !o:%"$ o +("%"!/ / -%(&$ 7'("/'' o, /
!,,/" %''/'. T(' ("-(!%/' % / !o:%"$ 'o&- (:,o8/ (' 9o,5("g !%:(%&
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C'" F&o Sttement
T/,/ (' % "/ !%' ("+&o9 o+ R'. 41.6) !,o,/' (' $/%, ,/'&("g (" / !%' 7%&%"!/ %
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(" E:&o$// S/:%,%(o" Co:/"'%(o" %"- ("!,/%'/ (" O:/,%("g :,o+(
7/+o,/ 9o,5("g !%:(%& !%"g/'.
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%"%g//".
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@ '(&& (' 2 !,. I ("-(!%/' % +%8o,%7&/ !%'
:o'((o".
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o+&o9.
T%% S//& %- % o%& "/ !%' o+&o9 +o, +(;/- %''/' 9(! ("-(!%/' %
7'("/'' (' /;:%"-("g. H(g ("8/'/" (" +(;/- %''/' 9(&& &/%- o (g/,
("!o/ +,o o:/,%("g %!(8((/' (" +,/.
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Rtio An'i'
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RATIOS COMPANY CALCULATED
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g,o9 ,%/ %' !o/ -o9" / PE R%(o %' go"/ : ("-(!%("g % %,5/ %' +%( ("
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P(IDT
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Compri'on o% Compn# nd Indu'tr# Finnci&'
Key FinancialsComparatives
for:Tata Steel
Ltd.
Units :Crores
Company name Year Equity eserves
Total
!ncome Fin E"p
#epreci-
ation Ta" $.%.
Steel
Essar Steel Ltd. &'&(-)* +,).) )*/'.), '*0).,' //&.&) /,*.) )'+.0/ +(&.),
1S2 Steel Ltd &'&(-)* *),.&( (,+0.)' '+*'.&* ('+.&) /&+.,* /(.' ,'/.*03S% Steel 4
%o5er Ltd. &'&(-)* +,.) /.0* ,+./) (./ /.(/ ).+ ).)as6triya !spat
$i7am Ltd. &'&(-)* ,*.(* (/'.(, ').+0 ().&' /)+.+ '(.)/ )*+*.(S6ri amrupai &'&(-)* '' +.) /+ )).&( +.,+ 0.+* ),.&0
6>
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8ala9i Steels Ltd.Steel ut6ority of
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Indu'tr# Rtio'
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ep. E%S
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FINDIN)S AND RECOMMENDATIONS
Econom#
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