A Project Report On

Ratio Analysis of Hindustan Zinc Limited

Submitted for the

Partial Fulfillment of the requirement of two years full time
Programme in Master of Business Administration (MBA)

(2021 – 22)

Supervised by Submitted by
Dr. Usha Chouhan Roshan Yadav
MBA I Sem.

Faculty of Management Studies

Janardan Rai Nagar Rajasthan Vidyapeeth (Deemed to be University)
Pratap Nagar Udaipur (Raj.) – 313003
Balance Sheet
as at 31 March 2020
(` in Crore)
As at As at
Particulars Notes
March 31, 2020 March 31, 2019
ASSETS
Non-current assets
a) Property, plant and equipment 4 16,217 14,668
b) Capital work-in-progress 4 2,489 2,254
c) Intangible Assets 5 252 110
d) Financial assets
i) Loans 6 13 13
ii) Others 13 40 38
e) Deferred tax assets (net) 30 1,822 1,925
f) Other non-current assets 7 480 638
g) Income tax assets 849 1,240
Total Non-current assets 22,162 20,886
Current assets
a) Inventories 8 1,835 1,544
b) Financial Assets
i) Investments 9 20,329 19,488
ii) Trade receivables 10 401 196
iii) Cash and cash equivalents 11 1,878 2
iv) Other Bank balances 12 40 21
v) Loans 6 2 3
vi) Others 13 6 4
c) Other current assets 7 322 314
Total Current assets 24,813 21,572
TOTAL 46,975 42,458
EQUITY AND LIABILITIES
Equity
a) Equity share capital 14 845 845
b) Other equity 39,465 32,760
Total Equity 40,310 33,605
Liabilities
Non-current liabilities
a) Financial liabilities
i) Other financial liabilities 15 22 19
b) Other non-current liabilities 17 1,068 945
c) Provisions 16 162 145
Total Non-current liabilities 1,252 1,109
Current liabilities
a) Financial liabilities
i) Borrowings 18 611 2,538
ii) Trade payables 19
a) Total outstanding dues of Micro, Small and Medium 36 52
Enterprises
b) Total outstanding dues to creditors other than Micro, 1,452 1,122
Small and Medium Enterprises
iii) Other financial liabilities 15 1,487 1,401
b) Other current liabilities 17 1,694 2,397
c) Provisions 16 70 74
d) Current tax liabilities 63 160
Total Current liabilities 5,413 7,744
TOTAL 46,975 42,458

See accompanying notes to financial statements.

As per our report on even date For and on behalf of the Board of Directors
For S. R. Batliboi & Co. LLP Sunil Duggal A. R. Narayanaswamy
Chartered Accountants CEO & Whole-time Director Director
ICAI Firm Registration No.: 301003E/E300005 DIN: 07291685 DIN: 00818169
Place: Mumbai
per Sudhir Soni Swayam Saurabh R. Pandwal
Partner Chief Financial Officer Company Secretary
ICAI Membership No.: 41870 ICSI Membership No.: A9377
Date: May 21, 2020 Date: May 21, 2020
Place: Mumbai Place: Udaipur
156 HINDUSTAN ZINC LIMITED
Statement of Profit and Loss
for the year ended 31 March 2020
(` in Crore)

Particulars Notes For the year ended For the year ended
March 31, 2020 March 31, 2019
Revenue from operations 20A 18,332 20,834
Other Operating income 20B 229 284
Other income 21 1,934 1,782
Total Income 20,495 22,900
Expenses:
(Increase)/Decrease in inventories of finished goods and 22 (291) (64)
work-in-progress 689 905
Employee benefits expense 23 112 113
Finance costs 24 2,279 1,883
1,758
Depreciation and amortisation expense 25 1,704
2,628
2,353
Power and fuel Mining 5,221
5,259
Royalty
Other expenses 26
Total expenses 12,105 12,444
Profit before tax 8,390 10,456
Tax expense :
Current tax 30 1,428 2,220
Deferred tax charge 30 157 280
Total tax expenses 1,585 2,500
Profit for the year 6,805 7,956
Other comprehensive income
A) Items that will not be reclassified to profit or loss in
(154) (36)
subsequent period 54 13
(a) Remeasurements gain/(loss) of the defined benefit plans
(b) Tax credit/(expense)
- 95
B) Items that will be reclassified to profit or loss in subsequent
period - (33)
(a) Effective portion of gains on hedging instrument in cash - (150)
flow hedges - 17
(b) Tax credit/(expense)
(c) Net gain/(loss) on FVOCI investments
(d) Tax credit/(expense)
Total other comprehensive income/ (loss) (100) (94)
Total comprehensive income for the year 6,705 7,862
Earnings per share (nominal value of shares `2)
-Basic earnings per share (`) 27 16.11 18.83
-Diluted earnings per share (`) 27 16.11 18.83

See accompanying notes to financial statements.

As per our report on even date For and on behalf of the Board of Directors
For S. R. Batliboi & Co. LLP Sunil Duggal A. R. Narayanaswamy
Chartered Accountants CEO & Whole-time Director Director
ICAI Firm Registration No.: 301003E/E300005 DIN: 07291685 DIN: 00818169
Place: Mumbai
per Sudhir Soni Swayam Saurabh R. Pandwal
Partner Chief Financial Officer Company Secretary
ICAI Membership No.: 41870 ICSI Membership No.: A9377
Date: May 21, 2020 Date: May 21, 2020
Place: Mumbai Place: Udaipur

INTEGRATED ANNUAL REPORTFY 2019-20 157

THANKING
YOU!