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For the fiscal year ending on march 31, 2020, BMW industries limited expects
operational revenues of around INR 490 crore. The company’s EBITDA has dropped
by -3.30 percent over year. Its book net worth has improved by 7.50 percent at the
same period.
BMW industries limited has a revenue or turnover of over INR 450 crore.
14
12
10
8
6
4
2
0
Year FY14 FY15 FY16 FY17 FY18 FY19
Under the historical cost convention, BMW Industries Limited used the accrual
method. It’s statical statement were produced in accordance with accounting standards
set forth in the section of the company, as well as the companies rule.
Import of total finished steel (in million toons)
Year Import of total finished steel
FY14 5.5
FY15 9.2
FY16 11.5
FY17 7.45
FY18 8.05
FY19 8.75
Import of total finished steel (in mil-
lion toons)
Current assets were 502 crores on march 31, 2019 compare to 490 crores on March
31, 2018.
On March 31, 2019 the current ratio was 1.50, comparable to 1.45 on March 31, 2018.
Inventory levels fells from 225 crores on March 31, 2018 to 210 crores on March 31,
2019.
On March 31, 2019 current liability were 350 crores, down from 345 crores on March
31, 2018.
On March 31, 2019 cash and bank balance were 13 crores, up from 11 crores on
March 31, 2018.
During the fiscal year under review, your company did admirably. It has maintained a
long-term growth strategy. Your directors are delighted to inform you that in the
previous financial year, your firm constructed a new rolling unit for the manufacturing
of TMT Re Bar under the brand name "BANSAL SUPER," and the company has now
established its product in the markets. The Company has built a distribution channel by
choosing new distributors and dealers.
The marketing staff has been bolstered, and efforts to grow the market are underway.
5. Calculation of estimation and interpretation of result:
At BMW industries ltd, They believe that planned expansion, rather than one-
time profit spikes, is the most effective approach to assure a company's long-term
viability. The business has directed accruals into incremental investments and debt
reduction, de-stressing the balance sheet, in keeping with this conviction. As a
consequence, the company's debt has been reduced every year for the past five years.
The Company has eleven subsidiaries as of March 31, 2020. The Company's
and its subsidiaries' Consolidated Financial Statements, prepared in accordance with
Indian statistics Standards notified under the Companies Rules, 2015, are included in
the Annual Report and reflected in the Company's Consolidated Statistical Statements.
Members requesting information from BMW Industries Limited will have access to
the subsidiaries' annual statements and relevant comprehensive information at any
time.
6. Calculation of correlation and interpretation of result:
950.5
852.3
750.3
559.5
350.8
Correlation 0.878306
Interpretation:
The company’s sale is more but the company can not get more profit
so the company is not going well. The correlation of the company is strongly
positive.
7. Overall interpretation of company’s financial position:
https://www.tofler.in/bmw-industries-limited/company/
L51109WB1981PLC034212/financials
https://www.moneycontrol.com/
9. Appendix- Financial statement of the company:
Skewness -0.04794646