Professional Documents
Culture Documents
Final Report (Mughal Iron Steel)
Final Report (Mughal Iron Steel)
Faculty Name:
Course Name:
Course ID :
Semeter :
Submitted by:
Mughal Iron & Steel Industries Limited
Financial Model
Years 2018
ASSETS
NON - CURRENT ASSETS
Property, plant and equipment 6,304,748,282
Intangible asset 12,268,143
Long-term loans to employees 6,570,659
Long-term deposits 20,845,317
Total Non-Current Assets 6,344,432,401
CURRENT ASSETS
Inventories 5,916,918,189
Trade debts 1,263,279,786
Loans and advances 373,907,586
Deposits, prepayments and other receivables 26,945,193
Due from the government 2,298,101,893
Cash and bank balances 1,251,171,472
Total Current Assets 11,130,324,119
TOTAL ASSETS 17,474,756,520
CURRENT LIABILITIES
Trade and other payables 463,465,446
Unclaimed dividends 3,303,075
Unpaid dividends
Accrued proft / interest / mark-up 101,322,923
Short-term loans from banking companies - secured 7,540,375,822
Short-term loans from Directors and their relatives - unsecured 300,000,000
Current portion of long-term fnancing -
Current portion of deferred grant -
Total Current Liabilites 8,408,467,266
5,000,000,000
AFN 712,226,787
48,216,073,364
11,011,578
110,253,809
60,563,101
48,397,901,852
45,373,163,669
16,049,587,610
413,799,716
2,844,553,372
7,718,348,328
6,765,530,817
79,164,983,511
127,562,885,364
5,000,000,000
2,918,555,940
75,013,856,946
684,566,273
78,616,979,159
3,911,162,767
6,260,271,347
1,091,228,189
259,054,007
11,521,716,310
5,285,815,479
9,100,964
17,319,086
767,386,319
49,156,852,811
2,656,514
2,336,799,921
64,555,716
57,640,486,809
147,779,182,278
(20,216,296,914)
25,512,577,073
Income Statement
dividend/NI 788,704,430
3,429,149,696 16,350
788,720,780
Income Statement
EPS 13.97
DPS 0.41
NPV 38,451,985,901
Outstanding Shares from PSX 335,633,933
PV per share 114.56525136518
2024 2025 2026
87,835,617,480 109,794,521,851 137,243,152,313
(66,148,648,683) (79,378,378,420) (95,254,054,104)
21,686,968,797 30,416,143,431 41,989,098,209
(439,448,385) (527,338,062) (632,805,674)
(929,484,764.93) (1,115,381,717.91) (1,338,458,061.50)
(655,336,307) (786,403,568) (943,684,282)
(94,969,238) (113,963,086) (136,755,703)
130,517,361 163,146,702 203,933,377
19,698,247,463 28,036,203,698 39,141,327,865
(3,370,721,666) (3,794,350,960) (4,005,235,469)
16,327,525,797 24,241,852,737 35,136,092,396
(4,734,982,481.08) (7,030,137,293.87) (10,189,466,794.93)
11,592,543,316 17,211,715,444 24,946,625,601
913,042,893 958,695,038 1,006,629,790
10,679,500,423 16,253,020,406 23,939,995,812
Sales
Expenses
Average of 2 Years Average of 3 Years What we have taken
14% 31% 25%
16% 29% 20%
Total Debt 20,784,602,894.00
Total Debt+ Equity 37,289,462,473.00
Total Interest 1,370,293,957
Tax 29%
Wd 56% Weight of Debt 56%
Rd (Total Interest/Total Debt) 6.59%
We 44% Weight of Equity 44%
Re (CAPM) 14.78%