Summer internship report

ON
ANALYSIS OF FINANCIAL CAPITAL STRUCTURE

SUBMITTED BY UNDER THE GUIDANCE

- OF:

Ayush pathak Mr Vimal Raheja

B.comrd3year

PREFACE

Education becomes more meaningful when its theoretical aspects are combined
with practical experience this provide an opportunity to the student to improve
their understanding of the studies.

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 Summer training is an integral part of our academic curriculum. During the
training the, students get an opportunity to understand the practical aspects of
various functional domain in an organization. This builds a better understanding of
practical challenges that bone phase during his performance of task.

This project is the outcome of summer training that I have undergone

at,”HINDALCO INDUSTRY LMITED” and the topic suggested to me by my company
guide is “ANALYSIS OF CAPITAL STRUCTURE, ECAND MARKET VALUE ADDED
BY HINDALCO INDUSTRY LIMITED”. The project emphasizes on the
financial aspects of the company. I have tried to my best to make a good project report
which would be further used for any reference work. However no one can claim
perfection in it’s entirely. So I apologize for the discrepancy, if any, crept in.

Preparation of project requires perseverance, initiatives,proper

guidance and direction. So it’s mandatory to take aids of various departments.
CONTENT
NO. Categories Page
No.
1 Preface 2
3 Introduction of Aditya Birla Group 4-5
3 Introdution Of Chairman 6
4 About The Company 7-8
5 Board Of Directors List 9
6 Company Leadership Teams 9
7 Business Outlooks 10
8 Products 11
9 Competitor Of Hindalco 11
10 Competitor Share 12-13
11 Cash Flow Statement 14
12 Balance Sheet 15

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13 Profit And Loss Statement 16
14 SWOT Analysis Of Hindalco 17

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 HINDALCO INDUSTRIES LTD.
• INTRODUCTION:-
An industry leader in aluminums and copper An industry leader in aluminums and copper, Hidalgo Industries
Limited, the metals flagship company of the Adyta Birla Group is the world's largest aluminums rolling
company and one of the biggest producers of primary aluminums in Asia. The visionary — late Mr. G.D. Birla
setup India's first integrated aluminums facility at Renukoot, in the eastern fringe of Uttar Pradesh, India. It was
backed by a captive thermal powerplant at Renusagar in 1967. Hindalco attained its leadership position in the
aluminums industry under the dynamic leadership of the late Mr. Aditya Vikram Birla — a formidable force in
the Indian industry. In 1958, The Company was Incorporated on 15th December, at Mumbai to manufacture
alumina, aluminium and aluminium fabricated items. The Company was formed by the house of Birlas in
collaboration with the Kaiser Organisation of U.S.A.

Manufacturing Location:- The Kollur foil plant ( Andhra Pradesh). In 2008, consequent to the acquisition of
Indalby Hindalco. Other locations are:- Belur(west Bengal), Dahej, Hirakud(Orissa), Belgaum,
Silvassa(orissa), Taloja(maharashtra), Alupuram(kerala), Renukoot(u.p) , Muri(Jharkhand). And it was through
the vision and guidance of Mr. Kumar Mangalam Birla, the Group Chairman that the business segments of
aluminium and copper are consolidated to make Hindalco the nonferrous metals powerhouse it is today. Later
acquisitions and mergers, with Indal, Birla Copper and the Nifty and Mt. Gordon coppermines in Australia,
strengthened our position in valueadded alumina, aluminium and copper products. The acquisition of Novelis
Inc. in 2007 positioned us among the top five aluminium majors worldwide and the largest vertically integrated
aluminium company in India. Today we are a metals powerhouse with high-end rolling capabilities and a global
footprint in 13 countries. Our consolidated turnover of USD 15.85 billion (Rs. 72,078 crore) places us in the
Fortune 500 league.

• Nearly 1,000 aluminium panels makeup the outer shell of 'Spaceship Earth', the world's
• most famous geodesic dome, at the Walt Disney World's Epcot Centre, Florida.
• Operations in 5 continents, reaching customers in more than 50 countries.
• One of the world’s leading low cost producers of aluminium.
• One of the world’s leading largest custom copper smelters at a single location.
• Birla Copper is the only manufacturer of the 19 mm diameter copper rod in India. This rod is used for
groove conductors and profiles.

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 BUSINESS OUTLOOKS

This Company has successfully demonstrated benefit of integrated approach with low cost upstream operations
and significant abilities and reach in downstream business. The robustness of Novelis’ de-risked business model
by virtue of its geographic spread – strong presence in emerging markets, product portfolio – with a strong
proportion of recession proof and yet high potential beverage cans in the product mix and focused approach to
leverage the status of preferred vendor to global auto majors have withstood these uncertain times. Hindalco’s
aggressive expansion programme has made a significant headway, despite tough ground conditions at its project
locations

Greenfield Projects:-- Greenfield Projects have made significant progress during the year despite tough
ground conditions at the project locations.

Utkal Alumina International Ltd (Uail):- The construction of the alumina refinery, along with a 90
MW captive co-generation plant is in progress at UAIL, a 100% subsidiary of the Company. The output from
UAIL would be sufficient to feed alumina to the Mahan and the Aditya Smelters.

Mahan Aluminium Project:-This 359 KTPA Aluminium Smelter, along with 900 MW CPP, is coming up
in Bargwan, Madhya Pradesh. The project is on the verge of commissioning. Mahan Aluminium project and
Utkal Alumina project are now close to the stage of commissioning. These projects will re-define Hindalco’s
aluminium business since all these projects will have a world beating cost structure. The Group of Ministers
constituted by the Government of India to consider environmental and developmental issues related to coal
mining etc, has reported to have recommended granting of forest clearance by the Ministry of Environment
&Forest [MoEF] for Mahan Coal block on certain conditions

The Aditya Aluminium And Refinery Project:-A 359 ktpa, Aluminium smelter along with a 900
MW captive powerplant, identical to the Mahan Project, is coming up in Odisha. The project is slated for
completion in 2013. A coal block has been allotted for this project jointly with Mahanadi Coal Fields Limited
and Neyveli Lignite Corporation Limited. Alumina Refinery along with a cogen plant, is also coming up.

The Jharkhand Aluminium Project:- Aluminium smelter along with a captive powerplant is coming
up in Sonahatu, Jharkhand. The land acquisition process has already begun. For this project the Tubed coal
mine has been allotted to the project jointly with Tata power.

Brownfield Projects:- There were important developments in India w.r.t. your Company’s strategic goal of
higher VAP proportion.

The Hirakud FRP project has made a significant progress. This project, which involved relocation of some
equipments from a closed facility of Novelis, will be the first and the only facility that will have the capability
to produce canbody stock in India. This facility will take Hindalco’s FRP play on a higher plateau in terms of
capability and profitability in the coming years

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Consolidated Statement of Cash Flows

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Balance Sheet Standalone Statement

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Profit and Loss Standalone Statement

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SWOT ANALYSIS OF HINDALCO

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THANK YOU

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