School of Management Studies, INDIRA GANDHI NATIONAL OPEN UNIVERSITY (IGNOU), New Delhi Study Centre Delhi PROJECT REPORT (MS-100)
“Analysis of Financial Statements” On Haryana Leathers Chemicals Ltd.
In partial fulfillment of the requirement of the degree of MASTER OF BUSINESS ADMINISTRATION (MBA)
BY Iftikhar Ahmed M.B.A Enrolment No. 111070280
Under the Supervision of Prof. P.P. Sovani [M.Com] Retd. Lecturer Dept. of Commerce C.P. & Berar College Nagpur
The company has started its commercial production on (01/04/1988) and presently successfully running into profit for the last many years.INTRODUCTION OF COMPANY M/s Haryana Leather Chemicals Ltd.O. 49. Acrylic Emulsion and Adhesives as complete processes for manufacturing various types of leathers. The company manufacturing leather chemicals and Auxiliaries. Although company has a small turnover in the market and having multinational competitors in the field of leather chemicals. Haryana Leather Chemicals Ltd. Agra and Jalandhar. HELMITIEN (GERMANY) AND VISMON (SPAIN). China is the main market of the products of HLCL. initially company has started one E. Moreover company has established its wide range products that are well known as HL Chemicals. To maintain their quality standards in the market company has having very sophisticated and advanced quality control and a research and development laboratory in which company continuously working for new products for the satisfaction of the customer and receiving latest technology by making technical collaboration with multinational companies. Pakistan and Kenya etc. is a company manufacturing chemicals for leather industries. Is a public limited company having listing in the Bombay Stock Exchange and its total paid up capital of Rs. It is the only company in northern India having its registered office & works at Jind and corporate office at Delhi. which is also showing tremendous results by exporting material to various countries. Ethopia.
. The company has achieved a stable market in India and also exporting its material to number of countries like China.574. Calcutta.U division at Jind. Bangladesh. 84.288 as on Balance Sheet of 31st march 2009It is a matter of great achievement that company is running its Business in profit for the last many years. To promote the sale of company some sale office has been working in Madras. The company has technical collaboration with ICAP (ITALY).700 as well as company having Reserve & Surplus amount 65.
or not. To know the borrowings of the company as well as the liquidity position of the company. To study the balance of cash and credit in the organization. To study the current assets and current liabilities so as to know whether the shareholders could invest in Haryana Leather Chemicals Ltd. To study the profits of the business and net sales of the business and to know the stock reserve for sales of the business.OBJECTIVES
The basic objective of studying the ratios of the company is to know the financial position of the company.
. To know the solvency of the business and the capacity to give interest to the long-term loan lenders (debenture holders) and dividend to the shareholders. Another reason is to study that the company is going in profit or loss.
. Limitation behind this methodology is that whenever we represent through ratios in we are not having an idle situation it become different from company to company depending upon companies values. and done analysis by ratios. Missions. I used the following methodology 1.RESEARCH METHODOLOGY
For making this report. 2. Than I have made the comparisons of how the company has grown in previous years. Goals. Than taken current year branches capital expenditure and made whole branch capital expenditure. First of all I have collected data from previous annual reports and done ratios analysis after that from collected data.
After studying the Accounting Process of the company conclusion is Accounting Process is very necessary for every organization because with accounting process as organization or company can’t know his/her company running in profit/loss and also know the financial position of the company.
. By implementing channel financing there is a discipline among distributors which provides a solution in terms of lower cost. It provides important and true information to every one who want to know about the company like shareholders. Evolving business area where there is stiff competition HLCL proves to have global presence in almost 7 countries and in North India. it was found that it consist that company is in good position to meet all type of debt and paid them fully and maintain Assets. So it helps company for future forecasting so in the end we can say that accounting process is very essential for every company. creditors. If company has not sufficient amount if reserve and surplus then they done the arrangement of the funds by issuing share or buy sale. so in every organization accounts are made by the company because it help in the smooth running of the company. How much amount is taken from debtors and how much amount reserve surplus company have. profit. liability. Assets. We know that what are the current liability of the company and also know the current Assets of the company with the help of accounting process we make the accounts and written all transaction related to expenditure. Financial ratios relating to the capital structure is improving and showing great sign of improvement. daily routine expenses. and help in maintain the ideal position of the entire ratio. bankers and employees of the company etc.CONCLUSION By studying the Ratio Analysis and Accounting Process of Haryana Leather Chemicals Ltd. Like if company makes their A/C properly than they know about all information like how much stock available in the company. Its value of firm and EPS is increasing which lead to increase in goodwill. better credit terms and services to the dealers. which has a positive impact on the actual position of the company.
leatherchem.com www. annual reports of Haryana Leather Chemicals Ltd.M Panday. I. And many websites are being used.com www.com www.com www. Financial Management by Mr. I pay my respect and thanks to them.org www.financescholar. Sushil Mukherjee and Pardeep Kumar Chandra.wikipedia.bseindia. www.BIBLIOGRAPHY
In completing this project report many books.
Annual reports of Haryana Leather Chemicals Ltd.icicidirect. Profile of Financial Management by Mr.com