STRATEGIC MANAGEMENT:

FOCUS ON CURRENT TRENDS, CHALLENGES AND OPPORTUNITIES

Submitted by:
Amalu iyer & Shreyasi bose
INTRODUCTION:

The portion of the economy and government that is owned and run by the state or
federal government is referred to as the public sector. It includes a broad spectrum of
endeavours and institutions that offer the general public a range of public goods and
services. These services may encompass the following areas: public administration, law
enforcement, defence, healthcare, education, and more.Examples of public sector
entities include government departments, public schools, public hospitals, law
enforcement agencies, military services, public transit systems, and more. The public
sector is an essential component of most modern societies, and it plays a crucial role in
ensuring the well-being and functioning of the nation and its citizens
 COMPANY ANALYSIS:
WEST BENGAL STATE ELECTRICITY DISTRIBUTION COMPANY LIMITED

WBSEDCL stands for West Bengal State Electricity Distribution Company Limited. It is a
government-owned utility company in the Indian state of West Bengal. The primary purpose of
WBSEDCL is to distribute electricity to consumers in the state and undertake activities related
to power distribution, transmission, and generation to meet the energy needs of the region.
Sales and purchase:
 Ratio analysis:
2013-14 2014-15

Debt Equity Ratio 7.06 7.53

Current Ratio 1.18 1.05

Interest Coverage Ratio 1.46 1.48

Inventory Turnover ratio 4.14 3.47

Return on Net worth 0.33 0.28

2014-15 2015-16

Debt Equity Ratio 7.53 8.18

Current Ratio 1.05 1.23

Interest Coverage Ratio 1.48 1.52

Inventory Turnover ratio 3.47 3.3

Return on Net worth 0.28 1.01

 2015-16 2016-17

Debt Equity Ratio 8.18 4.65

Current Ratio 1.23 1.19

Interest Coverage Ratio 1.52 1.57

Inventory Turnover ratio 3.3 1.18

Return on Net worth 1.01 1.46

2016-17 2017-18

Debt Equity Ratio 4.65 4.93

Current Ratio 1.19 1.17

Interest Coverage Ratio 1.57 1.66

Inventory Turnover ratio 1.18 1.13

Return on Net worth 1.46 1.85

Particulars 18-19 17-18

Debt Equity Ratio 4.21 4.93

Current Ratio 1.16 1.17

Interest Coverage Ratio 1.73 1.66

Inventory Turnover ratio 1.51 1.13

Return on Net worth 2.11% 1.85%

Particulars 19-20 18-19

Debt Equity Ratio 4.96 4.15

Current Ratio 1.16 1.16

Interest Coverage Ratio 1.85 1.72

Inventory Turnover ratio 3.31 2.7

Return on Net worth 2.66% 2.11%

Particulars 20-21 19-202

Debt Equity Ratio 5.17 4.96

Current Ratio 1.05 1.16

Interest Coverage Ratio 1.84 1.85

Inventory Turnover ratio 2.97 3.31

Return on Net worth 2.00% 2.66%

Particulars 21-22 20-21

Debt Equity Ratio 2.91 2.93

Current Ratio 0.43 0.38

Interest Coverage Ratio 1.47 1.41

Inventory Turnover ratio 54.89 34.47

Return on Net worth 2.67% 2.00%

 Formulas used to calculate ratios:
*the data given above was provided as it is in the annual report.(except the graph)
 Sources of income over the years:

2014-15(in crore)

Revenue from Operations 16920.76

Other Operating Revenue 519.58

Other Income 1997.52

Movement in Regulatory Deferral account balances 145.48

2015-16(in crore)

Revenue from Operations 15813.92

Other Operating Revenue 417.5

Other Income 271.52

Movement in Regulatory Deferral account 2135.63

balances
 2016-17( in crores)

Revenue from Operations 17878.88

Other Operating Revenue 472.76

Other Income 336.24

Movement in Regulatory Deferral account 1243.8

balances

2017-18 ( incrore)

Revenue from Operations 18923.02

Other Operating Revenue 454.53

Other Income 474.72

Movement in Regulatory Deferral account balances 942.2

 PARTICULARS 18-19

Revenue from Sale of Energy 89.75

Other Operating Revenue 2.17

Movement in Regulatory DeferralAccount balance 5.41

Other Income 2.67

PARTICULARS 19-20

Revenue from Sale of Energy 84.9

Other Operating Revenue 2.13

Movement in Regulatory DeferralAccount 3.9

balance

Other Income 9.07

 PARTICULARS 20-21

Revenue from Sale of Energy 79.77

Other Operating Revenue 2.04

Movement in Regulatory DeferralAccount balance 15.1

Other Income 3.08

PARTICULARS 21-22

Revenue from Sale of Energy 97.9

Other Operating Revenue 2.56

Movement in Regulatory DeferralAccount balance 4.71

Other Income 4.25

Conclusion:
In conclusion, the fiscal year 2021-22 marked a notable success for the West Bengal State Electricity Distribution
Company Limited (WBSEDCL). The substantial increase in revenue from the sale of energy, reaching 97.9, indicates a
robust core operational performance, potentially driven by increased energy consumption and favourable market
conditions. The stability in other operating revenue and the lower but still significant Movement in Regulatory
Deferral Account balance reflect the company's adept management of deferred regulatory charges or credits.
Furthermore, the contribution of 4.25 from other income adds to the overall positive financial outlook. This collective
evidence suggests that WBSEDCL not only effectively navigated market conditions but also demonstrated a well-
rounded financial strategy, positioning itself for continued stability and growth in the future. The fiscal year's financial
performance underscores the company's resilience and adaptability within the dynamic energy sector