A study on “Financial Performance and Financial Statements.

With reference to installation of expansion project:

NMDC private LTD.

Kirandul (C.G)

NMDC Private LTD.

Under the esteemed guidance of:

SHRI K K BEHERA
MANAGER (Fin)

BACHELOR OF BUSINESS ADMINISTRATION

Submitted by:
Rohini Yadav
(Roll No: 117134207055)
TSR & TBK DEGREE AND P.G COLLEGE
EXTERNAL GUIDE CERTIFICATE

This is to certify that the project work entitled “A Study on Financial Statement

And Financial Performance” at NMDC Private LTD, Kirandul is a bonfied work

Done and submitted in partial fulfilment of the requirement for the award of the

Degree of Bachelor of Business Administration by Rohini Yadav 117134207055

Under the guidance & supervision during the period of 5 weeks i.e.…04-05-19 to

03-06-19.

Station: KIRANDUL

Date:

SHRI K K BEHERA (Manager (Fin))

NMDC Private LTD.
This is to certify that the project work entitled “A FINANCIAL PERFORMANCE AND

FINANCIAL STATEMENT with reference to KIRANDUL NMDC LTD” is a bonfire record

of work done by Rohini Yadav a final year student of BBA, TSR & TBK COLLEGE

in a partial fulfilment of the requirements for the award of the degree of “BACHELOR

OF BUSINESS ADMINISTRATION (BBA)” during the 2018-2019 offered by view.

PLACE:

DATE:

PROF.
Signature of the:

(HEAD OF DEPARTMENT)
SHRI M JAGDISH

(PROJECT GUIDE)
Declaration

I hereby declare that the project titled “FINANCIAL PERFORMANCE AND

FINANCIAL STSTEMENTS” at NMDC LTD, KIRANDUL has been carried out

By me in partial fulfilment of award of DEGREE of BACHELOR OF BUSINESS

ADMINISTRATION, TSR AND TBK COLLEGE, i.e. entirely based on my own

study and efforts. It is not copied. All the findings and suggestions are based

on my own study.
It has not been submitted or published earlier for the award

Of any degree or diploma of this university or other university.

Place:
Date:
(ROHINI YADAV)
ACKNOWLEDGEMENT

With a great pleasure, I express my deep sense of gratitude to the management

Of NMDC LTD KIRANDUL for giving me this very inspirational opportunity to

Do my observation study in there reputed company to take this opportunity

To express my deep and profound gratitude to the people concerned who have

Helped me directly or indirectly in successful completion of this project.

SHRI S K PRADHAN, AGM (Fin) – who found the greatest confidence in me which

Would always act as a motivator in my life.

I convey my sincere thanks to Mr. K

BEHERA Manager (Fin), NMDC who has motivated me with their valuable

Suggestion helped throughout the project in permitting to perform various tasks in

This esteemed organization.

I would like to take the pleasure of this

opportunity to express my heartful gratitude to my guide PROF. SUBHASHINI and

to DIRECTOR TALASILA BALARAMA REDDY head of department of TSR & TBK who to personal
interest and gave Valuable suggestions throughout my fieldwork and completion of the

project.

A success project can never be prepared by single effort or the person to

Whom the project is assigned, but it also demands in the help and guardianship

of some conversant persons who helps in the undersigned actively or passively

of successful.
PREFACE
This project report is a presentation of my effort to study the practise of Financial

Management in a public sector enterprise, with reference to NMDC LTD, KIRANDUL.

The report presents the practical approach in the subject of Financial Management,

Mainly in the field of “FINANCIAL PERFORMANCE AND FINANCIAL STATEMENTS,

at NMDC”. It intends to provide brief knowledge of various concepts, principles,

approaches, considerations relevant to this field. The project report has undergone

A realistic survey of actual theory and practices in KRDL although there may be much

gap to be bridged.
This report seeks to cover the topics of Financial Management

Mainly focusing on the aspects like common size balance sheet, cash flow analysis,

Fund flow analysis, working capital analysis ratio analysis etc.

The report has been divided into five chapter and

Arrangements of topics in various chapters have been grouped according to the analysis

of the subjects.
CHAPTER – 1

INTRODUCTION

NEED FOR THE STUDY

OBJECTIVES OF THE STUDY

METHODOLOGY

LIMITATIONS

CHAPTER - 2

INDUSTRY PROFILE

COMPANY PROFILE

CHAPTER – 3

THEORETICAL FRAMEWORK OF THE FINANCIAL PERFORMANCE

AND FINANCIAL STATEMENTS

CHAPTER – 4

DATA ANALYSIS AND INTERPRETATION

CHAPTER – 5

SUMMARY AND SUGGESTIONS BIBLOGRAPHY

CHAPTER – 1

INTRODUCTION

NMDC previously known as NATIONAL MINERAL

DEVELOPMENT CORPORATION, is an Indian state-controlled mineral

producer. It is 72.43% owned by the government of India, under the

Administrative control of the Ministry Of Steel.

Type : Partly Government – owned

corporation

Trade as : NSC: NMDC

BSE: 526371
Industry : Mining

Founded : 1958

Headquarters : Hyderabad, India

Key people : Shri N. Baijendra Kumar, IAS

(CMD)

Products : Iron ore, copper, rock phosphate, limestone,

Dolomite, gypsum, bentonite, mangnesite,

Diamond, tin, tungsten, graphite and

Beach sands

Revenue : ▲ 12,138.13 crore

(US$ 1.8 billon) (2017-18)

Operating income : ▲ 6,176.57 crore

(US$890 million) (2017-18)

Net income : ▲ 3,802.79 crore

(US$550 million) (2017-18)

Total assets : ▲ 28,691.32 crore

(US$4.2 billion) (2017-18)

Number of employees : 5,700 (2017-18)

Website : www.nmdc.co.in
NMDC was established in 1958 with the objectives of exploitation of minerals.

Government of India enterprise with the govt. owning 80% stake in its paid

up share capital. NMDC has a market cap of US $ 11,601 mn and is listed on the

NSE, BSE, DSE, BGSE, CSE & MSE. Largest merchant iron ore miner in India

with current iron capacity of 32mtpa and plan to increase it to 40 mtpa by FY

2015. Iron ore reserves of 1,360.6 mt as of January 1, 2010 (primarily comprising

hematite) (JORC Complaint). Iron ore reserves of 1963.8 MT as on 01.04.2012

(UNFC). Sales have increased at a CAGR of – 19% over the last 5 years and

the company has consistently made profits over the same period.

NMDC Ltd invites venture

Capitalists and exploration companies which are technically competent as partners

For forming J.V and participate in grassroots exploration stage up to detailed

exploration in the fields of Iron Ore, Gold, Diamond, Coal, PGE, Nickel, Rock

Phosphate, Potash etc. on mutually agreed terms and conditions for exploration

outside India.
 CONTENTS
 Operating mines

 Nagarnar Steel Plant

 Listings and shareholding

 News

 References

Operating mines
 Bailadila Iron Ore Mine, Kirandul Complex, South Bastar district, Dantewada (C.G.
 Bailadila Iron Ore Mine, Bacheli Complex, South Bastar district, Dantewada (C.G.)
 Donimalai Iron Ore Mine, Donimalai, Bellary district, Dantewada
 Diamond Mining Project, Majhgawan, Panna (M.P.)
NMDC Ltd. is also diversifying into other raw materials for steel industry like low silica

limestone. Production of Dead Burnt magnesite and further value addition is under study

through its subsidiary J K Mineral Development Corporation Limited.

NMDC Ltd. has taken over a Silica Sand

mining and beneficiaton project from Uttar Pradesh State Mineral Development Corporation

Ltd., The plant has been designed to produce high purity beneficiated silica sand of around
300,000 tonnes per year which is a raw material for production of float/sheet glass.

With a view to capture the opportunities now available following the Navratna recognition and

its expertise in the field of mineral exploration and mining, NMDC is venturing into

development of high value minerals like gold, diamond etc., as joint ventures in some of the

African countries.
A memorandum of understanding has been signed between NMDC, IRE

and Andhra Pradesh Mineral Development Corporation to establish a joint venture for the

development of Bheemunipatnam Beach Sand. The project envisages mining of beach sands,

setting up of mineral separation plant for Ilmenite concentrate and a downstream value addition

plant for conversion of Ilmenite into synthetic Rutile/TiO2 slag/TiO2 pigment with pig iron as

by-product. National Mineral Development Corporation (NMDC) is setting up a 3 MTPA

capacity greenfield Integrated Steel Plant in Nagarnar, located 16 km from Jagdalpur, with an

estimated outlay of Rs 18,000 crore. The land for the plant has already been acquired as of

August 2010 and, as of February 2012, 9 major packages and certain auxiliaries packages of the

steel plant have already been awarded to internationally acclaimed companies at a cost of

around Rs.11,000 crore.

Finance is the function in a business responsible for acquring funds for the firm,

Managing funds with the firm, and planning for the expenditure of the funds on

Various assets.

Financial management is the job of managing the firms of resources

so it can meet its goals and objectives.

Needs for the study