Professional Documents
Culture Documents
Gross WC
Net WC
Operating Cycle
Cash cycle
Current ratio
Quick ratio
Cash ratio
Inventory turnover ratio (Days)
Debtors collection period
Creditors payable period
FA Turnover ratio
Short term financing to total financing
CA to FA ratio
Return on total asset
Inventory conversion period
HINDUSTAN ZINC
Formula 2017 2018 2019 2020
CA 24,568.00 24,813.00 21,572.00 24,143.00
CA-CL 16,692.00 19,400.00 12,828.00 18,138.00
ICP+ RCP 60.0192108 82.121695 63.5100932 65.023445
Operating cycle- Credit conversion period 7 7 3 3
CA/CL 1.71 4.02 2.79 4.58
(CA-Inventory)/CL 1.62 3.79 2.59 4.24
(Cash+Marketable securities)/CL -22.66 67.86 14.44 100
Operating exp/Avg inventory 8.92 16.01 13.68 10.11
(Ac recievable/ revenue)*360 6.45896858 7.35089704 3.34122549 2.9412548
(AC payable/ Purchaces)*360 9.42264688 7.3291424 6.47684433 5.4474857
Net sales
Short term/ Avg
debt/FA
( Short term debt+ Long term 33.34 51.43 49.73 39.51
debt) 0.33384829 1 1 1
CA/ FA 736.892621 482.461598 433.782425 611.06049
EBIT/ total asset 16.05 21.6 18.73 14.48
(Inv/ operating exp)*360 8.92 16.01 16.01 10.11
HINDUSTAN COPPER
2021 2017 2018 2019 2020 2021
34,649.00 1,311.21 1,254.96 1,370.02 1,037.18 809.73
14,419.00 563.12 150.92 324.67 -410.34 -109.77
106.64145 842.93 1178.12 1557.63 1420.24 1730.71
3 842.93 1178.12 1557.63 1420.24 1730.71
3.12 1.082397 0.939441 1.310585 0.866972 1.426003
2.94 0.57 0.72 0.69 0.36 0.69
-51.95 1.126776 1.067099 1.490056 0.981154 1.882229
15.88 8.92 10.11 10.15 1.6 2.82
2.6045324 1.365027 0.498536 2.056774 1.028068 0.952343
4.6923345 8.686537 3.874677 9.059868 9.878917 8.686537
49.48 1.173716 0.513859 1.3132 1.614418 1.742044
1 0 0 0 0
700.26273 1.09407 0.774485 0.706101 0.498436 0.399246
17.45 0.03767 0.042444 0.069586 -0.17245 0.030745
15.88 351.0057 240.9799 148.7652 131.7656 36.60925
1 Liquidity of the company can be judged by looking at Current/ Liquidity ratio,ideal current ratio to be maintained is
Formula to calculate CR is CA/ CL, Higher the ratio better the companies liquidity position.
CR o f HISDUSTAN ZINC is VERY HIGH UP TO 4.5
Comparitively HINDUSTAN COPPER at a ideal level of 1.5 t0 2
2 There are 2 types of working capital ratios, i.e.- Gross & Net working capital. Gross working capital is the total CA, N
Optimal Net working capital must always be positive, if it is negative then it is considerd as liquidity problems to be
Net working capital of both the hindustan zinc and copper are positive ,hence at a good liquidity position
6 Recivable management
in the both casese colletion period is constant to decreaseing
orking capital is the total CA, Net working capital is found by deducting CL from the current assets.
rd as liquidity problems to be likely faced in the future.
od liquidity position
period, Paybles period, Inventory turmover ratio, Even long term debt for that matter.
BALANCE SHEET OF HINDUSTAN ZINC (in Rs. Cr.) Mar-21 Mar-20 Mar-19 Mar-18 Mar-17
12 mths 12 mths 12 mths 12 mths 12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 845 845 845 845 845
TOTAL SHARE CAPITAL 845 845 845 845 845
Reserves and Surplus 31,468.00 39,465.00 32,760.00 35,087.00 29,960.00
TOTAL RESERVES AND SURPLUS 31,468.00 39,465.00 32,760.00 35,087.00 29,960.00
TOTAL SHAREHOLDERS FUNDS 32,313.00 40,310.00 33,605.00 35,932.00 30,805.00
NON-CURRENT LIABILITIES
Long Term Borrowings 4,312.00 0 0 0 0
Deferred Tax Liabilities [Net] 0 0 0 0 0
Other Long Term Liabilities 1,044.00 1,090.00 964 861 649
Long Term Provisions 182 162 145 134 111
TOTAL NON-CURRENT LIABILITIES 5,538.00 1,252.00 1,109.00 995 760
CURRENT LIABILITIES
Short Term Borrowings 2,161.00 611 2,538.00 0 7,908.00
Trade Payables 1,545.00 1,412.00 1,174.00 947 824
Other Current Liabilities 4,100.00 3,320.00 3,958.00 4,972.00 11,481.00
Short Term Provisions 70 70 74 86 17
TOTAL CURRENT LIABILITIES 7,876.00 5,413.00 7,744.00 6,005.00 20,230.00
TOTAL CAPITAL AND LIABILITIES 45,727.00 46,975.00 42,458.00 42,932.00 51,795.00
ASSETS
NON-CURRENT ASSETS
Tangible Assets 16,447.00 16,217.00 14,668.00 11,181.00 9,865.00
Intangible Assets 361 252 110 121 128
Capital Work-In-Progress 1,922.00 2,489.00 2,254.00 3,220.00 3,071.00
Other Assets 0 0 0 0 0
FIXED ASSETS 18,730.00 18,958.00 17,032.00 14,522.00 13,064.00
Non-Current Investments 0 0 0 0 0
Deferred Tax Assets [Net] 1,058.00 1,822.00 1,925.00 2,208.00 2,748.00
Long Term Loans And Advances 12 13 13 15 19
Other Non-Current Assets 1,359.00 1,369.00 1,916.00 2,044.00 1,315.00
TOTAL NON-CURRENT ASSETS 21,159.00 22,162.00 20,886.00 18,789.00 17,146.00
CURRENT ASSETS
Current Investments 12,957.00 20,329.00 19,488.00 20,222.00 23,783.00
Inventories 1,425.00 1,835.00 1,544.00 1,379.00 1,936.00
Trade Receivables 406 379 196 184 136
Cash And Cash Equivalents 9,376.00 1,918.00 23 1,964.00 8,380.00
Short Term Loans And Advances 2 2 3 1 1
OtherCurrentAssets 402 350 318 393 413
TOTAL CURRENT ASSETS 24,568.00 24,813.00 21,572.00 24,143.00 34,649.00
TOTAL ASSETS 45,727.00 46,975.00 42,458.00 42,932.00 51,795.00
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 7,311.00 9,010.00 11,394.00 9,207.00 8,419.00
CIF VALUE OF IMPORTS
Raw Materials 0 0 0 0 0
Stores, Spares And Loose Tools 0 0 0 0 0
Trade/Other Goods 0 0 0 0 0
Capital Goods 0 0 0 0 0
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency 1,141.00 1,683.00 1,700.00 2,686.00 0
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign Currency -- -- -- -- --
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods -- -- -- -- --
Other Earnings 5,595.00 3,668.00 4,237.00 6,133.00 --
BONUS DETAILS
Bonus Equity Share Capital 422.53 422.53 422.53 422.53 422.53
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value -- -- -- -- --
Non-Current Investments Unquoted Book Value -- -- -- -- --
CURRENT INVESTMENTS
Current Investments Quoted Market Value 10,186.00 15,350.00 17,323.00 14,851.00 16,614.00
Current Investments Unquoted Book Value 2,771.00 4,979.00 2,165.00 5,371.00 7,169.00
Source : Dion Global Solutions Limited
LT
ST
#NAME?
1,545.00 1,412.00 1,174.00 947 824
RCP
TOTAL RECIV 406 379 196 184 136
TOTAL REVENUE 22,629.00 18,561.00 21,118.00 22,084.00 17,273.00
#VALUE! 6.4589686 7.350897 3.341225 2.999457 2.834482
OP CYCLE
INV DAY
CCP
2 2 3 1 1
4,312.00 0 0 0 0
0.333848292909 1 1 #DIV/0! 1
0
Hindustan Zinc
Cash Flow ------------------- in Rs. Cr. -------------------
Mar '21 Mar '20 Mar '19 Mar '18
Net Profit Before Tax 10574 8390 10456 12497
Net Cash From Operating Activities 10567 6621 8781 9837
Net Cash (used in)/from -2435 -2648 -1092 2396
Investing Activities
Net Cash (used in)/from Financing Activities -9697 -2098 -9630 -18649
Net (decrease)/increase In Cash and Cash Equivalents -1565 1875 -1941 -6416
Opening Cash & Cash Equivalents 1878 23 1964 8380
Closing Cash & Cash Equivalents 313 1898 23 1964
-11266
8329
51
8380
Hindustan Zinc
Profit & Loss account ------------------- in Rs. Cr. -------------------
Mar '21 Mar '20 Mar '19 Mar '18 Mar '17
Income
Sales Turnover 22,629.00 18,561.00 21,118.00 22,521.00 18,798.00
Excise Duty 0 0 0 437 1,525.00
Net Sales 22,629.00 18,561.00 21,118.00 22,084.00 17,273.00
Other Income 1,814.00 1,834.00 1,759.00 1,993.00 2,471.00
Stock Adjustments -239 291 64 -498 676
Total Income 24,204.00 20,686.00 22,941.00 23,579.00 20,420.00
Expenditure
Raw Materials 1,140.00 1,170.00 1,274.00 1,310.00 1,496.00
Power & Fuel Cost 1,732.00 1,704.00 1,758.00 1,653.00 1,060.00
Employee Cost 760 689 905 776 722
Other Manufacturing Expenses 387 341 269 417 279
Miscellaneous Expenses 6,699.00 6,101.00 6,306.00 5,158.00 4,653.00
Total Expenses 10,718.00 10,005.00 10,512.00 9,314.00 8,210.00
Mar '21 Mar '20 Mar '19 Mar '18 Mar '17
293.93
0 1730.71 1420.24 1557.63 1178.12 842.93
545.85 919.5 1,447.52 1,045.35 1,104.04 748.09
94.54
0
94.54 1761.76 806.27 1757.85 1600.76 1102.47
2028.15 2080.87 1940.26 1620.38 1198.47
26.09 0.868654 0.387468 0.905987 0.987892 0.919898
0
6.29
0
32.38 0.136503 0.049854 0.205677 0.102807 0.095234
62.16
62.16 0.868654 0.387468 0.905987 0.987892 0.868654
61.94 0
8.686537 3.874677 9.059868 9.878917 8.686537
0.67
0.67
0.59
200.07
0
0
4