This action might not be possible to undo. Are you sure you want to continue?
Aastha Sachdeva Aditya Thareja Ankit Gupta Ishu Singla Ruchy Singh Saket Agarwal
In FMCG, ITC has a strong presence in: • Cigarettes • Foods • Apparel • Personal care • Stationery • Safety Matches and Agarbattis Other businesses include: • Hotels: • Paperboard, Specialty Paper, Graphic and other Paper; • Packaging and Printing for diverse international and Indian clientele. • Infotech
Analyze the capital structure in the last 10
years and understand application of various theories of capital structure. Others:
To find out the leverage trends in the industry and locate various players around the industry average To understand the correction to industry average for capital structure, if any. Understand the impact of stock split and bonus issues. To find out the divisional cost of capital for ITC. To find out differences in capital structure in emerging and developed markets.
To test the hypothesis regarding:
The relationship between size and leverage
across FMCG sector in India. Correlation between profitability and capital structure. Correlation of capital structure around the industry’s mean debt ratio.
Collection of data
vNSE website. vWebsite of Corporate Entity under study. vCapitaline & CMIE Prowess
Statistical Analysis: OLS, t-test, correlation Calculation of Divisional cost of capital (Pure Play Approach)
To conclude findings in relevance of, if any:
proposition Pecking order theory Agency costs NI & NOI theory