Professional Documents
Culture Documents
Financial Statement of Raymonds
Financial Statement of Raymonds
Financial Statement of Raymonds
Statement of
Raymonds
Kevin Doshi
Preeti Jindal
Roshan Jain
Sonali Budhrani
Prashant Malhotra
Saloni Jindal
By:(A001)
(A002)
(A003)
(A004)
(A005)
(A006)
Individual Contribution
O Introduction by Saloni Jindal (A006)
O Common Size and Trend Analysis by
Take Home
O Study of Auditors Report.
O Study of financial statements and
ratios.
O High Liquidity can strengthen the
financial condition of Company.
O Higher interest could be a reason for
loss making.
Raymonds
Incorporated in 1925.
Chairman Gautam Hari Singhania.
One of the Leader in Textile Manufacturing.
60% of Indias Market Share.
Capacity of 38 million meters in wool and wool blended fabrics.
Exports to over 55 countries includes:- USA, Japan etc.
Raymonds
Factories
Thane
Shifted To
Vapi
Jalgaon
Chhindwad
a
Board of Directors
Financial Statements
Raymond Ltd
Industry :Textiles
Year
INCOME :
Mar 13
Sales Turnover
2,044.45
Excise Duty
2.12
Net Sales
2,042.33
Other Income
104.27
Stock Adjustments
35.79
Total Income
EXPENDITURE :
2,182.39
Raw Materials
761.97
138.25
Employee Cost
325.03
333.72
310.98
Miscellaneous Expenses
Less: Pre-operative Expenses Capitalised
80.98
Total Expenditure
1,950.93
Operating Profit
231.46
Interest
156.11
Gross Profit
75.35
Depreciation
116.02
-40.67
Deferred Tax
7.17
-47.84
Extraordinary Items
-11.37
-36.47
32.88
Appropriations
-14.96
Dividend
6.14
Equity Dividend %
Earnings Per Share(Adj)-Unit Curr
Book Value-Unit Curr
10
167.96
Raymond Ltd
Industry :Textiles
(Rs in Crs)
Year
SOURCES OF FUNDS :
Mar 13
Share Capital
61.38
Reserves Total
969.58
1,030.96
Secured Loans
656.1
Unsecured Loans
690.96
Total Debt
1,347.06
Other Liabilities
107.42
Total Liabilities
2,485.44
APPLICATION OF FUNDS :
Gross Block
1,866.64
1,032.36
Net Block
834.28
144.88
Investments
744.85
Inventories
502.99
Sundry Debtors
416.25
18.25
79.7
1,017.19
487.78
47.89
535.67
481.52
89.24
89.24
Other Assets
279.91
Total Assets
2,485.44
Contingent Liabilities
211.86
Common Size
Analysis
Raymond Ltd
(Rs in Crs)
Year
INCOME :
Mar 13
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
EXPENDITURE :
Mar 12
Sales Turnover
Percentage
Mar 13
Mar 12
2,044.45
1,884.61
100
100
2.12
2.77
0.10
0.15
2,042.33
1,881.84
99.90
99.85
104.27
87.16
5.10
4.62
35.79
52.4
1.75
2.78
2,182.39
2,021.40
106.75
107.26
Raw Materials
761.97
662.86
37.27
35.17
138.25
106.16
6.76
5.63
Employee Cost
325.03
244.36
15.90
12.97
333.72
308.04
16.32
16.35
310.98
309.88
15.21
16.44
80.98
68.4
3.96
3.63
Miscellaneous Expenses
Raymond Ltd
Year
Less: Pre-operative Expenses Capitalised
(Rs in Crs)
Mar 13
Mar 12
Total Expenditure
Percentage
Mar 13
Mar 12
1,950.93
1,699.70
95.43
90.19
Operating Profit
231.46
321.7
11.32
17.07
Interest
156.11
134.8
7.64
7.15
75.35
186.9
3.69
9.92
Depreciation
116.02
109.86
5.67
5.83
-40.67
77.04
-1.99
4.09
0.03
0.00
0.00
7.17
20.66
0.35
1.10
-47.84
56.35
-2.34
2.99
Extraordinary Items
-11.37
5.59
-0.56
0.30
-36.47
50.76
-1.78
2.69
32.88
1.61
0.00
-14.96
23.47
-0.73
1.25
32.88
0.00
1.74
6.14
15.35
0.30
0.81
0.00
0.00
10
25
0.49
1.33
8.77
0.00
0.47
0.00
0.00
8.22
9.55
Gross Profit
Tax
Deferred Tax
167.96
179.91
Raymond Ltd
(Rs in Crs)
Year
SOURCES OF FUNDS :
Mar 13
Mar 12
Share Capital
Percentage
Mar 13
Mar 12
61.38
61.38
2.47
2.38
969.58
1,042.92
39.01
40.38
1,030.96
1,104.30
41.48
42.76
656.1
637.3
26.40
24.67
690.96
658.6
27.80
25.50
1,347.06
1,295.90
54.20
50.17
Other Liabilities
107.42
182.64
4.32
7.07
Total Liabilities
2,485.44
2,582.84
100.00
100.00
0.00
0.00
Reserves Total
Total Shareholders Funds
Secured Loans
Unsecured Loans
Total Debt
APPLICATION OF FUNDS :
Gross Block
1,866.64
1,825.31
75.10
70.67
1,032.36
958.09
41.54
37.09
Net Block
834.28
867.22
33.57
33.58
144.88
116.55
5.83
4.51
Investments
744.85
777.3
29.97
30.09
Raymond Ltd
(Rs in Crs)
Year
Mar 13
Percentage
Mar 12
Mar 13
Mar 12
Inventories
502.99
447.67
20.24
17.33
Sundry Debtors
416.25
392.39
16.75
15.19
18.25
12.86
0.73
0.50
79.7
64.77
3.21
2.51
1,017.19
917.69
40.93
35.53
0.00
0.00
487.78
303.57
19.63
11.75
47.89
64.47
1.93
2.50
535.67
368.04
21.55
14.25
481.52
549.65
19.37
21.28
89.24
99.12
3.59
3.84
89.24
91.95
3.59
3.56
7.17
0.00
0.28
Other Assets
279.91
264.95
11.26
10.26
Total Assets
2,485.44
2,582.84
100.00
100.00
211.86
209.9
8.52
8.13
Provisions
Contingent Liabilities
Comparative
Analysis
Raymond Ltd
(Rs in Crs)
Year
Mar 13(12)
Mar 12(12)
Comparative
INCOME :
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
EXPENDITURE :
2,044.45
1,884.61
159.84
2.12
2.77
-0.65
2,042.33
1,881.84
160.49
104.27
87.16
17.11
35.79
52.4
-16.61
2,182.39
2,021.40
160.99
Raw Materials
761.97
662.86
99.11
138.25
106.16
32.09
Employee Cost
325.03
244.36
80.67
333.72
308.04
25.68
310.98
309.88
1.10
80.98
68.4
12.58
Miscellaneous Expenses
Less: Pre-operative Expenses Capitalised
Total Expenditure
1,950.93
1,699.70
251.23
Raymond Ltd
(Rs in Crs)
Year
Mar 13(12)
Mar 12(12)
Comparative
Operating Profit
231.46
321.7
-90.24
Interest
156.11
134.8
21.31
75.35
186.9
-111.55
Depreciation
116.02
109.86
6.16
-40.67
77.04
-117.71
0.03
-0.03
7.17
20.66
-13.49
-47.84
56.35
-104.19
Extraordinary Items
-11.37
5.59
-16.96
-36.47
50.76
-87.23
32.88
32.88
-14.96
23.47
-38.43
32.88
-32.88
6.14
15.35
-9.21
0.00
10
25
-15.00
8.77
-8.77
167.96
179.91
-11.95
Gross Profit
Tax
Deferred Tax
Raymond Ltd
(Rs in Crs)
Year
Mar 13
Mar 12
Comparative
SOURCES OF FUNDS :
Share Capital
61.38
61.38
969.58
1,042.92
-73.34
1,030.96
1,104.30
-73.34
656.1
637.3
18.8
690.96
658.6
32.36
1,347.06
1,295.90
51.16
Other Liabilities
107.42
182.64
-75.22
Total Liabilities
2,485.44
2,582.84
-97.4
Reserves Total
Total Debt
APPLICATION OF FUNDS :
Gross Block
1,866.64
1,825.31
41.33
1,032.36
958.09
74.27
834.28
867.22
-32.94
Less:Impairment of Assets
Net Block
Lease Adjustment
Year
Raymond Ltd
(Rs in Crs)
Mar 13
Mar 12
Comparative
144.88
116.55
28.33
Investments
744.85
777.3
-32.45
Inventories
502.99
447.67
55.32
Sundry Debtors
416.25
392.39
23.86
18.25
12.86
5.39
79.7
64.77
14.93
1,017.19
917.69
99.5
487.78
303.57
184.21
47.89
64.47
-16.58
535.67
368.04
167.63
481.52
549.65
-68.13
89.24
99.12
-9.88
89.24
91.95
-2.71
7.17
-7.17
Other Assets
279.91
264.95
14.96
Total Assets
2,485.44
2,582.84
-97.4
211.86
209.9
1.96
Provisions
Contingent Liabilities
Trend
Analysis
Raymond Ltd
Raymond Ltd
(Rs in Crs)
Percentage
Year
Mar 12 Mar 13
SOURCES OF FUNDS :
Share Capital
Total Debt
Other Liabilities
Gross Block
Less : Accumulated Depreciation
61.38
100
100
100
100
100
969.58
100
104.31
94.24
97.87
90.99
20.87
0
0
0
0
1,147.8 1,172.9 1,065.5 1,104.3
5
1
8
0 1,030.96
100
0.00
0.00
0.00
0.00
100
102.18
92.83
96.21
89.82
656.1
100
87.12
84.37
73.35
75.51
100
104.10
110.07
138.30
145.09
100
93.13
93.47
96.34
100.15
637.3
0
0 94.39 182.64 107.42
2,492.9 2,425.6 2,417.2 2,582.8
2
2
2
4 2,485.44
Total Liabilities
Net Block
Unsecured Loans
Less:Impairment of Assets
Reserves Total
APPLICATION OF FUNDS :
100
97.30
96.96
103.61
100.75
101.53
107.33
109.76
100
110.17
123.84
136.56
147.14
41.64
77.39 116.55
777.3
99.70
100
1,700.6 1,713.4 1,726.6 1,825.3
4
0
0
1 1,866.64
834.28
100
94.13
85.86
86.81
83.51
144.88
100
67.04
124.60
187.65
233.26
744.85
100
100.36
83.29
87.48
83.82
Year
Raymond Ltd
Raymond Ltd
(Rs in Crs)
Percentage
340.4
Sundry Debtors
Cash and Bank
Mar 12 Mar 13
502.99
100
83.58
121.35
131.51
147.76
416.25
100
97.53
105.25
128.87
136.71
46.8
26.56
15.51
12.86
18.25
100
56.75
33.14
27.48
39.00
289.97
322.1
65.91
64.77
79.7
100
111.08
22.73
22.34
27.49
100
94.75
83.02
93.48
103.62
Current Liabilities
487.78
100
86.80
99.23
86.63
139.19
Provisions
59.66
64.47
47.89
100
89.04
74.89
108.06
80.27
535.67
100
87.12
95.69
89.74
130.62
481.52
100
100.22
73.93
96.17
84.25
53.12
71.61
78.32 121.71
99.12
89.24
100
109.37
169.96
138.42
124.62
99.98
99.37
93.88
91.95
89.24
100
99.39
93.90
91.97
89.26
-28.37 -21.05
27.83
7.17
100
74.20
-98.10
-25.27
0.00
0
0 291.6 264.95 279.91
2,492.9 2,425.6 2,417.2 2,582.8
2
2
2
4 2,485.44
0.00
0.00
0.00
0.00
100
97.30
96.96
103.61
99.70
100
74.83
71.48
54.93
55.44
209.9
211.86
What is a ratio?
A ratio: It is the mathematical relationship between two
Classification
Ratios
Leverage
Ratio
Liquidity Ratio
Profitability
Ratio
Other Ratio
Debt-Equity Ratio
Debt-Equity Ratio=
2013
Total Debt
Shareholders Equ
2012
= 1347.06
1030.96
= 1295.90
1104.3
= 1.31
= 1.17
EBIT
Interest
2013
2012
231.46
11.39
321.7
9.35
= 20.32
= 34.41
Debt Ratio
O Debt ratio=
2013
=
769.39
769.39+ 1030.96
= 0.43
2012
=
798.87
798.87+ 1104.30
= 0.42
Current Ratio
O Current Ratio=
Current Assets
Current Liability
2013
2012
=1017.19
535.67
= 917.69
368.04
= 1.90
= 2.49
Quick Ratio
O Quick Ratio= (Cash+ Marketable
Securities+
Accounts Receivables )
Current Liabilities
2013
= 416.25+ 18.25+ 79.7
535.67
2012
= 392.39+ 12.86+
64.77
368.04
= 0.96
= 1.28
Cash Ratio
O Cash Ratio= Cash+ Marketable
Securities
Current Liabilities
2013
2012
= 18.25+ 79.7
535.67
= 12.86+ 64.77
368.04
= 0.18
= 0.21
Average Receivables
O Average Receivables=
2012
= 404.32 * 365
2044.45
= 356.93 * 365
1884.61
= 72 days
= 69 days
(EBIT-Taxes)
Average Total Assets
2013
2012
= 231.46- 0
2709.98
= 321.7- 0.03
2584.49
= 0.09
= 0.13
2013
2012
= (36.47)
6.14
= 50.76
6.14
= 5.95
= 8.77
Payout Ratio
O Payout Ratio=
2013
2012
= 6.14
5.93
= 15.35
8.77
= 1.04
= 1.75
Thank You