sample performance benchmarking report

Aug 18, 2016Report Date :

Issued by an analyst at CapAnalec Services Pvt. Ltd on Online Risk Assessment and Compliance (ORAC) Platform. website : www.capanalec.com. @Copyrights 2016-2017

Company : Sample Company

Performance BenchmarkingAnalytics & Advisory

Index1. Executive Benchmarking Summary

Benchmarking Rationale •Analyst Recommendations •

3. Composite Trend BenchmarkingProfitability Trend•ROI Trend•Capital Efficiency Trend•Solvency Trend•Lending Sufficiency Trend•

4. Financial Data BenchmarkingBenchmarking Against Companies in Same Industry in India •Benchmarking Against Companies in Same Sub-industry in India•Benchmarking Against Companies in Same Sub-industry in Same State•Benchmarking Against Companies in Same Sub-industry in Same City•

5. Annexure

2. Financial StatementsProfit and Loss Account•Balance Sheet•

Company Name : Sample CompanyPerformance Benchmarking

Performance Benchmarking @All Rights Reserved CapAnalec Services Pvt. Ltd. 2

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Analyst Disclosure :



Company Profile OverviewUCAL Fuel System Limited offers comprehensive Fuel Management Systems for Automotive sector. Thecompany manufactures pumps, emission control parts and various components for both ferrous and nonferrous material. With its expertise in automotive components, UCAL Group has been providing customerswith end - to - end solution from product designing to analysis, prototyping, testing and validation services. Thecompany has one of the most advanced R & D centers in the industry.

Company Full Name UCAL Fuel Systems Ltd

Year Of Incorporation 1985

Nature Of Business Manufacturing

Incorporation Legal Status Public Ltd

Industry Type Automotive

Legal History None

Registered With ROC

Category of Entrepreneur General

Listed At BSE,NSE,Any Other Stock Exchange

Registered OfficeUCAL Fuel Systems Limited,, “RahejaTowers”,, Delta Wing – Unit 705,, 177Anna Salai,, Chennai, Chennai, TamilNadu, 600002

Manufacturing Facility Haryana,Tamil Nadu,Puducherry

Number Of Employees 500

Certification & Awards

2009 - National Energy ConservationAward by The Bureau of Energyefficiency, New Delhi, etc., 2009 -BOSCH Supplier Award for maximizingvalue to the customer, etc.

Contact Person Ms.Rekha Raghunathan(CompanySecretary and Compliance Officer)

Contact Number +91 44422 08111

Email Id [email protected]

Website www.ucalfuel.com

Board And Management

Mr. Jayakar Krishnamurthy

Products

Services

Products And Services

1 Carburettors for two wheelers2 Gasoline fuel injection system products3 Engine management systems4 Products for diesel applications and emission control

5 Pumps to high pressure die casting and precision manufacturing products



Financial Statements Analysis

Year 2012 2013 2014Nature Of Financials Audited Audited AuditedGross Sales 738.1 724.5 709.6

Net Sales 680.3 653.6 643.8

Non Operating Income 6.5 7.3 6.8

Manufacturing Expenses 406.4 403.8 388.9

WIP change in stock 0.6 -1.3 0.1

Depreciation 28.1 26.8 27.5

Cost Of Production 435.1 429.4 416.5

FG change in stock -0.6 -0.7 0.2

Cost Of Sales 434.5 428.7 416.7

Admin. & Selling Expenses 189.4 185.0 192.5

Miscellaneous Expenses 5.1 4.9 4.7

Finance Charges 35.6 37.8 35.6

Non Operating Expenses -5.2 -1.1 -4.2

Profit Before Tax 32.4 10.4 10.0

Tax 8.5 4.4 3.1

Net Profit for the year ( PAT) 23.9 6.0 6.8

Summary of Profit & Loss Statement

Summary of Balance SheetYear 2012 2013 2014Nature Of Financials Audited Audited AuditedShare Capital 22.1 22.1 22.1

Reserves and Surplus 40.0 36.9 33.5

Secured Loans 357.7 349.7 313.3

Preference Shares 0.0 0.0 0.0

Unsecured Loans 56.8 53.8 57.2

Total Debt 357.7 349.7 313.3

Deferred Tax Liability -10.3 -11.2 -13.8

Fixed Assets 332.2 322.3 300.5

Intangibles Assets 1.6 1.9 1.3

Investments 0.0 0.0 0.1

Inventories 75.0 72.6 70.4

Sundry Debtors 110.1 115.5 116.9

Cash and Bank Balances 6.5 6.4 2.9

Loans and Advances 59.0 43.6 43.7

Non Current Assets 11.8 16.2 12.1

Current Liabilities 185.9 175.9 190.0

Total Assets 595.5 573.4 545.1

Total Liabilities 595.5 573.4 545.1

Capital Growth Trend

2012 2013 20140

100

200

300

400

500

600

Net Worth Total AssetsTotal Debt

The company carrying very high debtover its balance sheet. Higher liabilityhas actually pushed the financial costmuch higher.

Profitability Growth Trend

The profit/loss trend has beendeclining due to higher externalliability. There is major financial declinein the year 2012. However, in 2013,significant efforts have been puttowards bringing company back to thetrack.

2012 2013 20140

100

200

300

400

500

600

700PAT Revenue



Benchmarking Summary

Benchmarking Rationale

Analyst Comments

Financial Performance Bench-marking of a company is an indicator of comparative strengthof financial parameter against an average and median of overall industry or sub-industry. Itprovides an insights into comparative three years trend and strength of those parametersshowing out performance or under performance vis-a-vis industry benchmark.

In our first part we compare key ratio parameter of company like profitability, ROI, Capitalefficiency, Solvency, Lending sufficiency Trend for previous 3 years with average of industryon pan India basis. Secondly, we compare with all the companies in sub-industry on panindia basis, state level basis and City level basis. Thirdly, bench-marking report not onlyanalyze the trend for previous 3 years but also compare fundamental financial parameterssuch as Gross sales, Operative profit, EBIDTA, PAT, Total Assets, Total Debt, CurrentAssets, Current Liability, Sundry Debtors, Sundry Creditors and Total Expenditure trends.Financial bench-marking analysis provides an tremendous insight into how company standsagainst pan India Industry, sub industry state wise and city wise average and medianbenchmarks.

For these financial benchmarking evaluation, we have considered 1080 companies availablepan India in our database in the Automotive Industry, 699 in Auto-Ancillary sub-industry, 114in Tamil Nadu and 65 companies in Chennai.

Performance Benchmarking

a. Industry Composite Benchmarking : (With All companies pan India)

Profitability Trend : Outperforming ROI Trend : Underperforming Capital efficiency Trend : Underperforming Lending Sufficiency Trend : Underperforming

b. Financial Bench-marking for key financial parameter

Gross Sales : In Line with pan india average of Industry, Outperforming in Sub industry,Tamilnadu and Chennai companies Operating Profit : Outperforming pan India, States and City Level EBIDTA : Inline with pan india average, out-performance sub industry, states and city level Total Assets : Inline with industry average, out performance with sub-industry, states andcity level Profit after Tax (PAT) : Under performance on pan India average, Inline with sub industryand states level, and under performing on city level Total Debt : The company is hihgly leveraged and saddled with high debts as compared withindustry average On account of current assets(CA), current liability(CL), Total expenditure, Sundry Creditorsand Sundry debtors it is almsot inline with pan India averages. However it is under-performing on sub-industry, states and city level



Profitability Trend (%)

2012 2013 2014

-10

-5

0

5

10

15Company Industry

2012 2013 2014Company 10.6 8.3 7.9Industry 4.5 -6.0 0.5

ROI Rating Trend (%)

2012 2013 2014-10

0

10

20

30

40

50Company Industry

2012 2013 2014Company 47.4 36.8 37.6Industry -2.0 5.4 -1.0

Lending Sufficiency Trend (Time)

2012 2013 20140

10

20

30

40

50

60Company Industry

2012 2013 2014Company 1.8 1.8 1.8Industry 30.7 53.0 50.7

Solvency Trend (Time)

2012 2013 20140

1

2

3Company Industry

2012 2013 2014Company 2.6 2.6 2.6Industry 2.1 1.2 -0.8

Capital Efficiency Trend (%)

2012 2013 2014

-5

0

5

Company Industry

2012 2013 2014Company 4.8 4.4 4.7Industry 1.3 3.3 -6.2

Composite Trend BenchmarkingTotal Companies : 815Industry : Automotive

SubIndustry : All Subindustries

State : All States

City : All Cities

Company in overall Outperforming vis-a vis industryin Profitability, ROI, Capital efficiency, and SolvencyTrend during FY2016. However due to highlyleveraged condition it is under-performing in Lendingsufficiency Trend.



Benchmarking Against the Companies in same Industry across IndiaTotal Companies : 1080Industry : Automotive


State : All States

City : All Cities

Company is inline with average industry performancein Gross Sales, EBIDTA, Total Asset. Under-performing PAT, Total Debt. Company is inline withaverage industry performance in Current Assets andCurrent Liability, sundry creditors. Outperforming intotal expenditure. Under Performing in Sundrydebtors.

Gross Sales (Crores)

2012 2013 20140

200

400

600

800Average Company Median

2012 2013 2014Company 7.4 7.2 7.1Average 777.0 793.8 750.3Median 119.5 108.5 89.9

Operating Profit (%)

2012 2013 20142

4

6

8

10

12



Profit After Tax (%)

2012 2013 20140

1

2

3

4


2012 2013 201410

20

30

40


Total Debt (%)



Total Assets (%)

2012 2013 201470

75

80

Average Company Median


EBIDTA (%)

2012 2013 20146

7

8

9

10

11





Current Assets (%)

2012 2013 201430

35

40

45


2012 2013 201424

26

28

30

32

34


Current Liability (%)



Total Expenditure (%)

2012 2013 201450

60

70

80

90


2012 2013 201411

12

13

14

15Average Company MedianSundry Creditors (%)



Sundry Debtors (%)

2012 2013 20148

10

12

14

16



Benchmarking Against the Companies in same Industry across IndiaTotal Companies : 1080Industry : Automotive


State : All States

City : All Cities

Company is inline with average industry performancein Gross Sales, EBIDTA, Total Asset. Under-performing PAT, Total Debt. Company is inline withaverage industry performance in Current Assets andCurrent Liability, sundry creditors. Outperforming intotal expenditure. Under Performing in Sundrydebtors.




2012 2013 20140

100

200

300




2012 2013 2014

6

8

10

12




2012 2013 20140

1

2

3


2012 2013 201410

20

30

40


Total Debt (%)



Total Assets (%)

2012 2013 201476

78

80

82

84



EBIDTA (%)

2012 2013 20146

7

8

9

10

11



Benchmarking Against Companies in Same Sub-industry in IndiaTotal Companies : 699Industry : Automotive

SubIndustry : Auto Ancillary

State : All States

City : All Cities

Outperforming in Gross Sales, EBIDTA, Total Assets.Inline Performance for PAT . Under-performing inCurrent Assets, Current Liability, Total Expenditure,sundry Creditors, sundry debtors



Current Assets (%)

2012 2013 201430

35

40

45


2012 2013 201424

26

28

30

32

34






2012 2013 201450

60

70

80


2012 2013 201412.5

13

13.5

14

14.5




Sundry Debtors (%)

2012 2013 201413

14

15

16

17

18Average Company Median 2012 2013 2014

Company 14.8 15.3 16.1Average 13.1 13.1 14.5Median 17.1 17.2 17.4

Benchmarking Against Companies in Same Sub-industry in IndiaTotal Companies : 699Industry : Automotive


State : All States

City : All Cities

Outperforming in Gross Sales, EBIDTA, Total Assets.Inline Performance for PAT . Under-performing inCurrent Assets, Current Liability, Total Expenditure,sundry Creditors, sundry debtors




2012 2013 20140

100

200

300

400

500




2012 2013 20146

7

8

9

10

11

12




2012 2013 2014

1

2

3


2012 2013 201410

20

30

40


Total Debt (%)



Total Assets (%)

2012 2013 201450

60

70

80

90



EBIDTA (%)

2012 2013 20146

7

8

9

10

11



Benchmarking Against Companies in Same Sub-industry in Same StateTotal Companies : 111Industry : Automotive


State : Tamil Nadu

City : All Cities

Outperforming in Gross Sales, EBIDTA, Total Debtand Total Sales. Under-performing in Sundry Creditorsand Sundry Debtors, Current Assets & Current Liabilitywhich are higher than the industry averages andmedian.



Current Assets (%)

2012 2013 201425

30

35

40

45


2012 2013 2014

25

30

35

Average Company MedianCurrent Liability (%)




2012 2013 201450

60

70

80

90


2012 2013 201412

13

14




Sundry Debtors (%)

2012 2013 201410

12

14

16

18



Benchmarking Against Companies in Same Sub-industry in Same StateTotal Companies : 111Industry : Automotive


State : Tamil Nadu

City : All Cities

Outperforming in Gross Sales, EBIDTA, Total Debtand Total Sales. Under-performing in Sundry Creditorsand Sundry Debtors, Current Assets & Current Liabilitywhich are higher than the industry averages andmedian.




2012 2013 20140

100

200

300

400

500

600




2012 2013 2014

6

8

10

12




2012 2013 2014

1

2

3


2012 2013 201410

20

30

40


Total Debt (%)



Total Assets (%)

2012 2013 2014

60

70

80



EBIDTA (%)

2012 2013 20145

6

7

8

9

10

11



Benchmarking Against Companies in Same Sub-industry in Same CityTotal Companies : 65Industry : Automotive


State : Tamil Nadu

City : Chennai

Severely under-performing in operating profit inChennai. Peer Growth Benchmarking will help thecompany to compare its business processesand performance metrics to industry’s best or bestpractices from other companies. We have collectedand compared the company’s financials with a sampledata of 65 companies and the results are as below:



Current Assets (%)

2012 2013 201428

29

30

31

32

33

34


2012 2013 201423

24

25

26

27

28






2012 2013 2014

60

70

80


2012 2013 201410

11

12

13

14




Sundry Debtors (%)

2012 2013 201411

12

13

14

15

16



Benchmarking Against Companies in Same Sub-industry in Same CityTotal Companies : 65Industry : Automotive


State : Tamil Nadu

City : Chennai

Severely under-performing in operating profit inChennai. Peer Growth Benchmarking will help thecompany to compare its business processesand performance metrics to industry’s best or bestpractices from other companies. We have collectedand compared the company’s financials with a sampledata of 65 companies and the results are as below:



Annexure

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