COMPARATIVE FINANCIAL ANALYSIS

CONTENTS

1. 2. 3. 4.

Introduction

Company Profiles

History

1.

Introduction

Scope of Analysis 1
Analysis of Financial performance of the firms Understanding competitive advantage over others Future performance forecasting Recommendations

2.

Company Profiles

Dabur India Limited is the fourth largest FMCG Company in India. Dabur operates in key consumer products categories like Hair Care, Oral Care, Health Care, Skin Care, Home Care & Foods.
Revenues = US$600 Million (Rs 2834 crore) Market Capitalization = US$2.2 Billion (Rs 10,000 Crore) 9 Billion-Rs. brands: Dabur Amla, Dabur Chyawanprash, Vatika, Ral, Dabur Red Toothpaste, Dabur Lal Dant Manjan, Babool, Hajmola and Dabur Honey

Master brands
Dabur - Ayurvedic healthcare products Vatika - Premium hair care Hajmola - Tasty digestives Ral - Fruit juices & beverages Fem - Fairness bleaches & skin care products

HISTORY

CONTD.

Ratio Analysis
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3.

Ratio Analysis

Liquidity Ratio
Current Ratio

Quick Ratio

Current Asset
Current Liability

liquid Asset
liquid Liability

2010-11

2.44:1

2010-11 2011-12

1.58:1

2011-12

2.37:1

1.6:1 6

Working capital turnover ratio

= Working Capital Net sale

100

2010-2011

23.77%

2011-2012

25.32%

3.

Ratio Analysis

Activity Ratio
Debtors turnover Ratio

Creditors turnover Ratio

Sundry Debtors
Net Sale

365

Sundry Creditors
Net Sale

365

2010-11

23 Days

2010-11 2011-12

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2011-12

22 Days

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3.

Ratio Analysis

Activity Ratio
Fixed Asset turnover Ratio

Stock turnover Ratio

Net Sale
Net Block

= Cost of goods sale Avg. stock

365

2010-11

6.58 times

2010-11 2011-12

-------------

2011-12

6.43 times

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Operating Ratio

Operating Ratio Net sale

100

2010-2011

23.11%

2011-2012

25.32%

Solvency Ratio

Debtors Equity Ratio

Debt Eiquity

2010-2011

0.016:1

2011-12

0.015:1

Interest Coverage Ratio

= EBIT(Earning Before Interest & tax) Interest

2010-2011

46.26 times

2011-12

47.63 times

Debt Service Coverage Ratio

= EBIT (Earning Before Interest & Tax) Interest on loan + Inst. On loan

100

2010-2011

--------------------

2011-2012

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Profitability Ratio

Gross Profit Ratio

Gross Profit Net Sales

100
19.07%

2010-2011

2011-12

17.54%


Profitability Ratio

Net Profit Ratio

Net Profit Net Sales

100
14.06%

2010-2011

2011-12

13.33%


Profitability Rio

Return On Capital Employed

PAT(Profit After Tax) Capital Employed

100

2010-2011

---------------------

2011-12

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Profitability Rio

Return On Total Assets(ROTA)

PAT Total Assets

100
20.09%

2010-2011

2011-12

16.54%

Return On Net Worth(RONW)

PAT Network

100
42.81%

2010-2011

2011-12

35.57%

Profitability Rio

Return On Fixed Assets(ROFA)

PAT Fixed Assets

100
94.74%

2010-2011

2011-12

79.25%

Profitability Rio

Return On Investment(ROI)

PAT Investment

100
90.79%

2010-2011

2011-12

83.81%


Profitability Rio

Earning Per Share(EPS)

PAT Number of Share 0.027 / share

2010-11

2011-12

0.027 / share


Profitability Rio

Price Earning Ratio

= Market Price Earning Per Share

2010-11

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2011-12

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Thank you

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