Name : Vaibhav Kailas Deore

Course: MBA Sem-II

Div : C
Subject: Financial Management 202
Submitted to : Dr. Priya Vasagadekar

Company - Tata Motors

Financial Performance Analysis (Standalone Ratios) (March 2019 – March 2023)

1. EPS (Earnings per Share):

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19

7.27 -29.88 -36.99 -34.88 -84.89
• The trend of EPS over the five years increasing.
• There is increase in EPS due high demand and Supply for EV’s.

2. Return on Net Worth or Equity:

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19

12.14 -6.97 -12.57 -41.6 9.11
• The trend of Return on Net Worth or Equity over the four years is improving.
• Based Company's Return on Net Worth or Equity we can conclude that the company
performing better.

3. ROCE (Return on Capital Employed):

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
8.67 0.92 0.35 -6.72 11.07
• The trend of ROCE over the four years is increasing.
• Based on the company's ROCE the company is effectively utilizing its capital.

4. Net Profit Margin:

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
4.14 -2.94 -7.93 -16.59 2.91
• The trend of Net Profit Margin over the five years is improving.
• Based on the company's Net Profit Margin the company maintaining decent
profitability.
5. ROA (Return on Assets):
Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
58.67 52.07 49.77 48.7 65.26
• The trend of ROA over the four years is increasing.
• Based on the company's ROA the company is efficiently utilizing its assets?

6. Total Debt to Equity:

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
0.84 1.17 1.14 1.19 0.79
• The trend of Total Debt to Equity over the five years decreasing.
• The company's debt structure and the level of risk associated with its capital structure is
effectively managed.
7. Current Ratio:
Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
0.37 0.36 0.51 0.46 0.54
• The trend of Current Ratio is declining.
• The company has short-term liquidity and has ability to meet current obligations.

8. Quick Ratio:
Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
0.46 0.49 0.55 0.53 0.51
• The trend of Quick Ratio is declining.
• The company has ability to use its near cash and has ability to meet current obligation.

9. Dividend Payout Ratio:

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
0 -0.0134 -0.0117 -0.0292 -0.0122
• The trend of Dividend Payout Ratio is declining.
• The DPR numbers suggest the company is not distributing larger portion of its earning as
dividend whereas utilizing it for company growth.

10. Asset Turnover Ratio:

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
1.56 1.13 0.75 1.11 1.82
• The trend of Asset turnover ratio is improving.
• The company is better at utilization of assets.

11. Inventory Turnover Ratio:

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
21.72 12.71 6.63 11.46 14.84

• The trend of inventory turnover ratio is increasing.

• A higher inventory turnover ratio suggests efficient inventory management and faster
turnover.
12. Earning Yield Ratio:
Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
0.02 -0.01 -0.02 -0.29 0.03
• The trend of Earning Yield ratio is increasing.
• The increasing earning yield ratio indicates that investors in the company are getting
higher return on their investments.