PROJECT REPORT ON

FINANCIAL STATEMENT ANALYSIS OF

SHYLENDRA ELECTRONICS

Under the Guidance

Submitted by,

DEEPALI
JAIN
Under
the Guidance
of
Asst professor
DEEPALI JAIN
MBA Dept.
Asst professor

Santhosh Kumar .S.E.

Sudeepu .K.H.
Yogeesh .B

MBA Dept.

INTRODUCTION
This project is an attempt to analyze the financial
performance of the company
In this Financial Analysis include Ratio analysis ,
Trend analysis , Trend percentage for evaluating the
financial position & performance of the firm
The main objective of the study is to analysis the
profitability position of the firm & to comparison of
the financial statement
The data collection :- primary data , secondary
data
It does not look into the area as stock market
performance

HISTORY OF THE FIRM

Mr. S.P. Srinath and Mr. S. Srikanth was
established the Shylendra Electronics in 1995.
Shylendra Electronics is ISO certified 90012008. Shylendra Electronics is a Testing and
Measuring equipment of Authorized
Distributers & Represent of Megger ltd, Aplab
ltd, Automatic Electric ltd, Nagman Instrument
India ltd and Kyoritsu & Emerson.

PRODUCTS OF SHYLENDRA
ELECTRONICS

ELECTRONIC INSTRUMENTS:
Multi meters, Oscilloscopes, Micro ohm
meters, Power Analyzers, Clamp on Meters,
Earth Leakage Testers, Multi Function Tester,
Power Supplies, RF power meter, Online UPS,
Thermometer, Process Calibrators
MECHANICAL INSTRUMENTS:
Vibration meters, Cable crimping-precision
grade, Profile projector, Hardness testers

ELECTRICAL INSTRUMENTS:
BDV test kit, HV Line detection device,
Relay Test Equipment, Cable fault locator,
Energy meters, Insulation Tester, Primary and
Secondary Injection Test Kit, Transformer
Turns Ratio Meter, Tan Delta test set, Micro
ohm meter 1-600A, Motor and Generation test
set, synchronizing facility,CB test kit and
Analyzer

Current Ratio:
Years

2008

2009

2010

2011

Current assets

82,06,417

78,59,005

41,38,173

45,38,445

Current liabilities

22,37,198

44,92,932

28,53,466

24,19,782

Current ratio

3.668

1.75

1.45

1.88

4
3
2
1
0
2008

2009

2010

2011

Quick Ratio:
Years

2008

2009

2010

2011

Quick assets

70,63,959

78,59,005

41,38,173

45,38,445

Quick liabilities

22,37,198

44,92,932

28,53,466

24,19,782

Quick ratio

3.16

1.25

1.10

1.68

3.5
3
2.5
2
1.5

1
0.5
0
2008

2009

2010

2011

Working Capital Turnover Ratio:

Years

2008

2009

2010

2011

Sales

1,34,80,939

1,40,64,508

1,57,11,111

2,30,75,160

Net working capital

22,44,681

24,95,297

11,31,788

21,18,663

Working capital
turnover ratio

6.01

5.64

13.88

10.89

16
14

12
10
8
6
4
2

0
2008

2009

2010

2011

Inventory Turnover Ratio:

Years

2008

2009

2010

2011

Cost of goods sold

98,93,976

1,05,42,609

1,23,20,142

1,90,22,119

Average inventory

3,40,952

6,36,035

9,52,911

6,78,605

Inventory turnover
ratio

29.02

16.58

12.93

28.03

30
25
20
15
10

5
0
2008

2009

2010

2011

Debtor Turnover Ratio:

Years

2008

2009

2010

2011

Net credit sales

1,34,80,939

1,40,64,508

1,57,11,111

2,30,75,160

Sundry debtors

44,93,595

49,57,257

27,84,556

39,62,637

Debtors turnover
ratio

3.00

2.84

5.64

5.82

2011
2010
2009

2008
0

Average collection period

Years

2008

2009

2010

2011

Debtors turnover
ratio

3.00

2.84

5.64

5.23

ACP

121.67 (days)

128.52 (days)

64.72 (days)

69.79 (days)

140
120
100
80
60
40

20
0
2008

2009

2010

2011

Creditor Turnover Ratio:

Years

2008

2009

2010

2011

Net credit purchases

86,08,703

1,12,80,539

1,22,15,964

1,85,69,359

Sundry creditors

19,67,269

42,59,798

26,96,026

20,68,905

Creditor turnover
ratio

4.38

2.65

4.53

8.98

10
9
8
7
6
5
4
3
2
1
0
2008

2009

2010

2011

Average payment period

Years

2008

2009

2010

2011

Creditor turnover
ratio

4.38

2.65

4.53

8.98

APP

83.33 (days)

137.74 (days)

80.57 (days)

40.65 (days)

140
120
100
80
60
40
20

0
2008

2009

2010

2011

Fixed Asset Turnover Ratio

Years

2008

2009

2010

2011

Sales

1,35,17,778

1,40,96,980

1,71,08,872

2,30,90,889

Fixed assets

4,92,732

9,08,111

7,89,082

6,64,183

Fixed assets turnover

ratio

27.43

15.52

21.68

34.77

35
30
25
20
15
10
5
0

2008

2009

2010

2011

Proprietary Ratio:
Years

2008

2009

2010

2011

Owners fund

12,57,395

15,61,153

15,61,153

21,46,149

Total assets

8,71,4149

88,21,667

50,27,255

57,68,461

Proprietary ratio

14.43

17.70

31.05

37.20

2008
2009
2010
2011

Gross Profit Ratio:

Years

2008

2009

2010

2011

Gross profit

35,86,963

35,21,899

33,90,969

40,53,041

Net sales

1,34,80,939

1,40,64,508

1,57,11,111

2,30,75,160

Gross profit ratio

26.61%

25.04%

21.58%

17.56%

2011
2010

2009
2008
0

10

15

20

25

30

Net Profit Ratio:

Years

2008

2009

2010

2011

Net profit

3,98,671

3,03,757

3,69,085

5,89,275

Net sales

1,34,80,939

1,40,64,508

1,57,11,111

2,30,75,160

Net profit ratio

2.96%

2.16%

2.35%

2.55%

3
2.5
2

1.5
1
0.5
0
2008

2009

2010

2011

Return on Asset Ratio:

Years

2008

2009

2010

2011

Net profit

3,98,671

3,03,757

3,69,085

5,89,275

Total assets

87,14,149

88,21,667

50,27,255

57,68,461

Return on assets ratio

4.57%

3.44%

7.34%

10.21%

12
10

8
6
4

2
0

2008

2009

2010

2011

TREND ANALYSIS
YEAR

2008

2009

2010

2011

Sales

1,34,80,939

1,40,64,508

1,57,11,111

2,30,75,160

Stock

2,67,070

10,05,000

9,00,822

4,56,388

Cost of Goods Sold

98,93,976

1,05,42,609

1,23,20,142

1,90,22,119

Net Profit

3,98,671

3,03,757

3,69,085

5,89,275

25000000
20000000
15000000
10000000
5000000
0
2008
Sales

2009
Stock

2010
COGS

2011
N.P

TREND PERCENTAGES (BASE YEAR 2008)

SALES
TREND

YEAR

AMOUNT

2008

1,34,80,939

100%

2009

1,40,64,508

104.33%

2010

1,57,11,111

111.71%

2011

2,30,75,160

171.17%

PERCENTAGE

200%
150%
100%
50%

0%
2008

2009

2010

2012

PURCHASE
YEARS

AMOUNT

TREND

2008

86,08,703

100%

2009

1,12,80,539

131.04%

2010

1,22,15,964

141.90%

2011

1,85,69,359

215.70%

250%
200%
150%

100%
50%
0%
2008

2009

2010

2011

PERCENTAGES

STOCK
YEARS

AMOUNT

TREND

2008

2,67,070

100%

2009

10,05,000

376.31%

2010

9,00,822

337.30%

2011

4,56,388

170.89%

400%
350%
300%

250%
200%
150%
100%
50%
0%
208

2009

2010

2011

PERCENTAGES

COST OF GOODS SOLD

YEARS

AMOUNT

TREND

2008

98,93,976

100%

2009

1,05,42,609

106.56%

2010

1,23,20,142

124.52%

2011

1,90,22,119

192.26%

200%
150%
100%

50%
0%
2008

2009

2010

2011

PERCENTAGES

NET PROFIT
YEARS

AMOUNT

TREND

2008

3,98,671

100%

2009

3,03,757

76.19%

2010

3,69,085

92.58%

2011

5,89,275

147.81%

160%
140%
120%
100%
80%
60%
40%
20%
0%
2008

2009

2010

2011

PERCENTAGES

CONCLUSIONS

The analysis of the ratio is proving that company

financial position is satisfactory but in some areas company is
to improve those positions.
The company current assets & quick assets are changing every
year. Company has to take necessary steps to maintain the
current assets & quick assets
The debtor turnover ratio is increasing every year, higher ratio
indicates to collect the debtor amount efficiently
The creditor turnover ratio is increasing every year. The
higher creditors ratio is shows the creditor amount is paid
promptly, but it enjoyed very low credit period
The sales of the co. is increasing every year, it is healthy
development for co.
The profit of the co. is increase in 2011, it is very healthy
development for the co.
Finally the company financial position is satisfactory

THANK YOU