COMPARATIVE STUDY OF RATIO ANALYSIS

K.K. Birla Group of Companies operates as an industrial and business conglomerate in India. The company provides fertilizers, cement, hybrid seeds, biotechnology, ready-to-assemble furniture, chemicals, software, investments, home finance, and engineering services. It offers engineering, procurement, construction, and project management services for plants, as well as supplies urea, agroinputs, plant protection chemicals, seeds, and biofertilizers through outlets and a network of dealers in India.

The company also provides shipping and oil tanking services; furniture products; financial services; and processes and packages fruits and vegetables, as well as provides synthetic grey and dyed blended yarn in various single and dyed counts for the domestic and export markets. In addition, it provides online information on various agricultural practices, as well as offshore and onsite development, e-enterprise services, and software solutions; and ERP implementation and product solutions, such as HRD solutions, a university management system, and EPC project management system.sss

The company has strategic relationships and partnerships with Invensys India, BHW, OCP, and Hettich. It operates a phosphoric acid plant in Morocco. The company is based in Kolkata, India.

The Oudh Sugar Mills Limited (OSML) belongs to the renowned K.K. Birla Group of Companies. K.K. Birla Group is a major player in key industries like fertilizers, chemicals, heavy engineering, textiles, shipping, media etc. apart from sugar. From a modest beginning in 1932, OSML has grown to become the pioneers in Sugar Industry. It is one of the largest and rapidly growing Company in the Sugar Industry.

Shri C.S. Nopany, Chairman cum Managing Director, is in the overall management of the Company and is the driving force of the Company.

Sugar Mills : Hargaon Sugar Mills, Hargaon, Dist. Sitapur(U.P.) with a crushing capacity of about 10,000 tonnes of sugarcane per day. New Swadeshi Sugar Mills, Narkatiaganj, Dist. West Champaran (Bihar) with a crushing capacity of about 7,500 tonnes of sugarcane per day. Rosa Sugar Works, Rosa, Dist. Shahjahanpur, (U.P.) with a crushing capacity of about 4,200 tonnes of sugarcane per day. New India Sugar Mills, Hata, Dist. Kushinagar, (U.P.) with a crushing capacity of about 7,000 tonnes of sugarcane per day. Distilleries : Hargaon Distillery, Hargaon, Dist. Sitapur (U.P.) with a capacity of producing 100 (KLPD) of Industrial Alcohol/Ethanol. New Swadeshi Distillery, Narkatiaganj, Dist. West Champaran (Bihar) with a capacity of producing 60 (KLPD) of Industrial Alcohol/Ethanol.

Co-Generation Power Plants :

Hargaon Co-generation Power Plant, Hargaon, Dist. Sitapur (U.P.) with a capacity of 15 MW Power. Narkatiaganj Co-generation Power Plant, Narkatiaganj, Dist. West Champaran (Bihar) with a capacity 10 MW Power. Hata Power Plant, Dist. Kushinagar, (U.P.) with a capacity of 35 MW Power. Organic Fertilizer : Bio-Compost Plant producing organic fertilizer marketed under the brand name Oudh Shakti Jaivik Khad.

Canning Factory :
Allahabad Canning Company, P. O. Bamrauli, Dist. Allahabad. (U.P.

Ratio Analysis A tool used by individuals to conduct a quantitative analysis of information in a company's financial statements. Ratios are calculated from current year numbers and are then compared to

previous years, other companies, the industry, or even the economy

to judge the performance of the company. Ratio analysis is predominately used by proponents of fundamental analysis.

To study the current scenario of the sugar industry through

various ratios.

To study the various ratios and their impact on certain functional areas in the organization.

To compare the financial position of the organization through various ratios, in the current financial year and the next .

1.LIQUIDITY RATIOS 2.CAPITAL STRUCTURE /LEVERAGE RATIOS 3. PROFITABILITY RATIOS 4.ACTIVITY RATIOS.

Ratio analysis does two things, immediately. The first thing is it allows the company to compare itself with other like companies. If management feels things aren't going well, they can help pinpoint the problem through comparing their ratios with other companies. They may have several ratios that are comparable, but a couple which are way off. That might be where the problem is. Also, ratio analysis may help by comparing your company with prior periods. If a particular ratio is declining when it would be better if it were staying the same or increasing, then again looking at the ratios are important to find out where the problem lies. Ratios are important to spot trends easily.

Research methodology is a way to systematically solve the research problem. It may be understood as a science of studying how research is done scientifically. In it we study the various steps that are generally adopted by a researcher in Why a research study has been undertaken, how a research problem has been defined, what data have been collected and what particular method has been adopted, why particular technique of analysing data has been used and a host of similar other questions are usually answered when we take research methodology, concerning a research problem or study. Achieving accuracy in any research requires in depth study regarding the subject. As the prime objective of the project is to find out and analyse the actual financial position of O.S.M.L .

1.LIQUIDITY RATIOS 2.CAPITAL STRUCTURE /LEVERAGE RATIOS 3. PROFITABILITY RATIOS 4.ACTIVITY RATIOS.

 MANAGEMENT DISCUSSION AND ANALYSIS REPORT ON CORPORATE GOVERNANCE FINANCIAL STATEMENTS(STANDALONE) FINANCIAL STATEMENTS(CONSOLIDATED) FINANCIAL STATEMENTS(SUBSIDIARIES) PERFORMANCE AT A GLANCE.

Here are some suggestions which may help to strengthen the firm better:-

Sugar as a commodity will see an upswing in the near future as the demand and the supply for sugar will match each other worldwide. The sugar industry sees a bright future ahead with the additional prospect of ethanol. This industry has huge growth prospects. On comparing various sugar companies with each other on the basis of the set parameters the Oudh Sugar Mills Ltd was found to be the best sugar producing company. A detailed company analysis of the Oudh Sugar Mills Ltd. on the basis of various aspects showed that the company has tremendous growth potential. With their foreign forays and huge capacity expansions the company is set to rule the sector for a long time to come