Professional Documents
Culture Documents
ON
Submitted To:
Submitted By:
Aman Zaheer
IRM/03/03
PGIRM
Submitted To:
Mr. Satyendra Pratap Singh
Reader
SMS-VARANASI
Submitted By:
Aman Zaheer
IRM/03/03
PGIRM
PREFACE
AMAN ZAHEER
DECLERATION
AMAN ZAHEER
ACKNOWLEDGEMENT
Nothing can be gained or acquired without hard work which leads to success.
The success of my project is the amalgamation of my hard work and cooperation of
respondents, who delivered their precious time without any hesitation.
I do not have adequate words to convey my emotion rather than feeling of gratitude,
for the people who helped me in making my project report purposeful.
I take the opportunity to convey my sincere gratitude to my research mentor
Mr. Satyendra Pratap Singh for his helpful guidance during my survey period.
First of all I would like to thank God and my parent who showered their blessing
upon me in each step of my survey. I am highly thankful and immensely obliged for
his constant guidance and words of inspiration.
Last but not the least, I specially wish all my friends especially Gaurav, Prasun and
Subodh as without their valuable support this report would have not been possible.
Aman Zaheer
PGIRM
IRM/03/03
CONTENTS
1. INTRODUCTION
1-26
INDUSTRY OVERVIEW
MAJOR PLAYERS IN CAR INDUSTRY
2. RESEARCH OBJECTIVES
27
3. RESEARCH METHODOLOGY
28
4. INDIVIDUAL PERFORMANCE OF
COMPANIES
29-39
40-48
5. FINDINGS
49-51
6. CONCLUSION
52
7. SUGGESTION S
53-54
8. LIMITATIONS
55
9. BIBLIOGRAPHY
56
10. ANNEXURE
57-61
INTRODUCTION
INDUSTRY OVERVIEW
As per the history of Automobile Companies in India, in the late 1890's Tata Motors
launched its first truck in India. It was done in collaboration with Mercedes-Benz.
Though automobiles were introduced to India in the late 19th century, it was only
after the Indian independence in 1947 that India started manufacturing automobiles.
Some of the early Automobile Companies in India are:
Hindustan
Premier
Tata
Motors
Automobiles
Motors
Maruti
Suzuki
Sanjay Gandhi was the first Indian politician who championed the need for a
"people's car". Thus the state-owned firm, Maruti Udyog, was launched and gained
over 50% market share.
After the liberalization in 1991, India's Automobile Industry grew in leaps and
bounds. With the growth in the Indian economy, big international car manufacturers
like General Motors, Ford, Toyota, Honda, Hyundai, Rolls Royce, Bentley and
Maybach entered the Indian market. Earlier in the 1920's Rolls Royce collections was
the maharajas status symbol. With time the middle class also started possessing their
own automobiles.
With the introduction of several automobiles in India, highways or expressways were
constructed. The renowned international automakers like Ford, Suzuki, GM and
Honda have their manufacturing bases in India. But, Automobile Industry in India is
dominated by domestic companies like Maruti Suzuki, Tata Motors, Mahindra &
Mahindra,
Ashok
Leyland
and
Bajaj
Auto.
auto industry.
segment size.
Latest News in the Industry: The latest in the world of Indian Automobile
Companies are:
Hyderabad is coming up with the first automobile mall of the country by 2008.
The latest car in the Indian Automobile Industry is the Tata Nano. It costs
approx US$ 2,500. While Bugatti Veyron, another new car, costs over US$ 2
million.
Facts have revealed that the Automobile Industry in India employs 13 million
India launched its first hybrid car, the sedan Civic by Japans Honda Motor Co
Under Rs 3 Lakhs
Rs 3-5 Lakhs
Rs 5-10 Lakhs
Rs 10-15 Lakhs
Rs 15-30 Lakhs
Ambassador
Fiat Palio
Hyundai Santro, Getz
Chevrolet Opel Corsa
Maruti Zen, Wagon R, Versa, Esteem, Gypsy
Ford Icon &Fiesta
Tata Indica, Indigo
Mahindra Bolero
Chevrolet Swing, Optra, Tavera
Hyundai Accent, Elantra
Mahindra Scorpio
Maruti Baleno
Toyota Corolla, Innova
Tata Safari
Mitsubishi Lancer, Lancer Cedia
Honda City
Ford Mondeo & Endeavour
Chevrolet Forester
Skoda Octavia Classic & Combi
Honda Civic
Above Rs 1 Crore
TATA MOTORS
Leading the future
Company Background
Tata Motors Ltd (TML), widely known as TELCO, is one of the oldest Indian
automobile companies. The company was established in 1945 as Tata Engineering
and Locomotive Co Ltd (TELCO), primarily to manufacture locomotives and other
engineering products. The company's first automobile, a commercial vehicle, was
launched in 1954 in collaboration with Daimler Benz AG of West Germany.
Today, Tata Motors is India's largest Indian automobile company with annual
revenues of Rs.32, 125.3 crore (2006--07) and a manufacturing capacity of 6.8 million
vehicles. The company claims to be the world's fifth largest medium and heavy truck
manufacturer and the second largest heavy bus manufacturer.
The company is the leader in the Indian commercial vehicles space and the third
largest in the Indian passenger vehicles space with presence in compact, mid--size car
and multi--utility vehicles. These automobile segments together accounted for nearly
93 per cent of the company's revenues in 2006--07. Other segments which account for
the balance include diesel engines for marine applications, spare parts and castings.
Primarily a heavy truck manufacturer, the company commands a significant 60.2 per
cent market share of the total medium and heavy commercial vehicles (M&HCVs)
market. Its share in the light commercial vehicle (LCV) segment was 64.5 per cent.
Since 2003--04, TML has ramped up its capacity at a robust pace in each subsequent
year to 6.8 lakh vehicles in 2006--07. And, with an envisaged investment of Rs.11,
940 crore (till January 2008) capacity will nearly double to 13.2 lakh vehicles per
annum by 2008--09.over 2,000 touch- The company's manufacturing base is spread
across Jamshedpur in east, Pune in west and Lucknow in the north. With ongoing
expansion plans, the company would house its new LCV plant at Uttarakhand and its
Rs.one lakh passenger car plant at Singur in West Bengal. The company has a huge
nation--wide dealership, sales, services and spare parts network comprising points. Its
global presence includes assemblies in Malaysia, Bangladesh, Ukraine, Kenya and
Russia. Tata cars, buses and trucks are also being separately marketed in several
Countries in Europe, Africa, the Middle East and South East Asia.
TML's largest industrial joint venture is with the Italian auto major -- Fiat Auto to
manufacture passenger cars, engines and transmissions for the Indian and overseas
markets in India entered in 2006. It has also formed a JV with Marcopolo, a Brazil
based buses and coaches body-builder in 2006 and and with Thonburi Automotive
Assembly Plant Company of Thailand to manufacture and market pickups in Thailand
in 2006. Its largest international footprint includes Jaguar Land Rover acquisition in
June 2008 and acquisition of Korea's second largest truck maker-- Daewoo
Commercial Vehicle Company in 2004 which is now re--christened as Tata Daewoo
Commercial Vehicle Company. The company has also acquired a 21% stake in
Hispano Carrocera, a Spanish bus and coach manufacturer (2005).
The company developed India's first indigenous light commercial vehicle-- Tata 407
in 1986. In 1998 the company developed India's first sports utility vehicle-- Tata
Safari and the first indigenously manufactured passenger car-- Tata Indica. In
September 2004, Tata Motors became the first company from Indian engineering
sector to be listed on the New York Stock Exchange. In January 2008, the company
unveiled the world's cheapest car -- Tata Nano for Rs.one lakh (ex-- dealer)
Tata
Motors is an arm of one of the largest Indian business conglomerates -- the Tata
Group whose revenues in 2006--07 crossed Rs.1, 000 billion. The group companies
together hold a controlling stake of 33.4 per cent in the company.
CONTACT INFORMATION
Address
Street
City
Mumbai
State
Maharashtra
Email address
inv_rel@tatamotors.com
Website
www.tatamotors.com
Pincode
Country code
91
Tel no.
022-66658282
Fax no.
022-66657799
400001
2003
2002
Chairman of the Tata Group and Tata Motors, today unveiled the Tata NANO, the
Peoples Car from Tata Motors that India and the world have been looking forward to.
A development, which signifies a first for the global automobile industry, the Peoples
Car brings the comfort and safety of a car within the reach of thousands of families.
The
Peoples
Car
will
be
launched
in
India
later
in
2008.
Speaking at the unveiling ceremony at the 9th Auto Expo in New Delhi, Mr. Ratan N.
Tata said, I observed families riding on two-wheelers the father driving the scooter,
his young kid standing in front of him, his wife seated behind him holding a little
baby. It led me to wonder whether one could conceive of a safe, affordable, allweather form of transport for such a family. Tata Motors engineers and designers
gave their all for about four years to realise this goal. Today, we indeed have a
Peoples Car, which is affordable and yet built to meet safety requirements and
emission norms, to be fuel efficient and low on emissions. We are happy to present
the Peoples Car to India and we hope it brings the joy, pride and utility of owning a
car
to
many
families
who
need
personal
mobility.
Stylish, comfortable
The Peoples Car, designed with a family in mind, has a roomy passenger
compartment with generous leg space and head room. It can comfortably seat four
persons. Four doors with high seating position make ingress and egress easy.
Yet with a length of 3.1 metres, width of 1.5 metres and height of 1.6 metres, with
adequate ground clearance, it can effortlessly manoeuvre on busy roads in cities as
well as in rural areas. Its mono-volume design, with wheels at the corners and the
power train at the rear, enables it to uniquely combine both space and
manoeuvrability, which will set a new benchmark among small cars.
When launched, the car will be available in both standard and deluxe versions. Both
versions will offer a wide range of body colours, and other accessories so that the car
can be customised to an individuals preferences.
Fuel-efficient-engine
The Peoples Car has a rear-wheel drive, all-aluminium, two-cylinder, 623 cc, 33 PS,
multi point fuel injection petrol engine. This is the first time that a two-cylinder
gasoline engine is being used in a car with single balancer shaft. The lean design
strategy has helped minimise weight, which helps maximise performance per unit of
energy consumed and delivers high fuel efficiency. Performance is controlled by a
specially designed electronic engine management system.
Environment-friendly
The Peoples Cars tailpipe emission performance exceeds regulatory requirements. In
terms of overall pollutants, it has a lower pollution level than two-wheelers being
manufactured in India today. The high fuel efficiency also ensures that the car has low
carbon dioxide emissions, thereby providing the twin benefits of an affordable
transportation solution with a low carbon footprint.
MARUTI SUZUKI
Count on us
Company Background
Maruti Suzuki, formerly known as Maruti Udyog is one of India's leading automobile
manufacturers and the market leader in the passenger car segment. The company was
established in February 1981 through an act of Parliament, as a Government company
in technological collaboration with Suzuki Motor Corporation (SMC) of Japan. The
government held a controlling stake of 74 per cent with SMC holding the rest. Over
the years, SMC has increased its stake in the company to 54.2 per cent as on 31
March 2008. Post liberalisation of the automobile industry in 1992, the government
gradually divested its stake in the company and exited it completely in May 2007.
Maruti's first product -- Maruti 800 made its debut in December 1983, when there
were only two car companies in India. Suzuki's car technology helped the company
gain a strong foothold in the Indian car market. The company has led the Indian car
market for over two decades and became the first Indian car company to mass
produce and sell more than a million cars by 1994. Till March 2007, the company has
produced and sold over six million cars.
Maruti accounts for over 50 per cent of the total Indian passenger car market with
respect to volumes. However, in terms of revenues generated from car sales, the
company's market share stood at 38.5 per cent in 2005--06. It has a negligible one per
cent share of the MUV segment. Maruti derives nearly 93 per cent of its income from
automobile sales while spares, dyes, moulds and services account for the rest.
The company has a portfolio of 11 car brands with over 50 variants, including the
people's car -- Maruti 800, compact cars -- Alto, Zen Estilo and WagonR, premium
compact car -- Swift, off-roader jeep -- Gypsy, mid-size sedan -- Swift DZire, luxury
sedan -- SX4, MPVs -- Omni and Versa and luxury SUV -- Grand Vitara.
Maruti has predominantly been a small car maker. Mini and compact cars make up
for around 83 per cent of total cars sold by the company. Through its subsidiaries, the
company also provides allied services like sale and purchase of pre-owned cars, lease
and fleet management service for corporate clients, insurance and finance services,
etc. The company topped the customer satisfaction survey conducted by J.D.Power &
Associates for the eighth successive year in 2007. Through a network of 500 dealer
outlets and 2,445 service workshops, Maruti's national reach is spread over 1,172
cities, the largest network by any automobile company.
The company's registered office is in Delhi and its plants are located in Gurgaon and
Manesar, south of Delhi. The Gurgaon plant has an installed capacity of 3.5 lakh cars
per annum. In 2006--07, the company took over Maruti Suzuki Automobiles India Ltd
having a facility at Manesar housing a car manufacturing plant with a capacity of one
lakh cars per annum and a diesel engine manufacturing plant with a capacity of one
lakh units per annum. Maruti has optimally utilised its capacity over the years. Its
capacity utilisation level has crossed 100 per cent in each of the last five years. The
Gurgaon and the Manesar facilities have a combined capability of producing over
seven lakh vehicles per annum. The company has chalked out an investment plan of
Rs.9, 000 crore to expand its installed capacity to one million cars by 2010
CONTACT INFORMATION
Registered office:
Address:
Street:
City:
New Delhi
State:
Delhi
Email address:
investors@maruti.co.in
Website:
www.marutiudyog.com
011-23316831
Fax no:
011-23713575
many times.
HYUNDAI
Drive your way
Company Background
Hyundai Motor India Limited (HMIL), was incorporated in the year 1996. It is a
wholly owned subsidiary of Hyundai Motor Company (HMC) of South Korea, a
Hyundai Motor Group.
Currently Mr. H. S. Lheem is the Managing Director of Hyundai Motor India
The product range manufactured by HMIL are passenger cars, vehicles spare parts,
engines and transmission systems. HMIL presently markets over 32 variants of
passenger cars in six consumer segments. The model it has rolled out in India ranges
from small cars to Sports Utility Vehicles with brand names like Santro, Getz, Accent,
Elantra, Sonata, Tucson and Terracan. Hyundai's fully integrated manufacturing plant
consists of presses for the body panels, paint shop, final assembly, engine and
transmission lines, aluminium foundry, plastic intrusion unit, engine and transmission
unit, test track and in-house R&D centre. The production management processes at
Hyundai Motor India implement a wide range of management techniques like Just-intime inventory management, Kaizen, TPM and TQM that help it in making the world
class cars, right here in India.
The registered office of Hyundai Motor India Limited is in Kancheepuram (Tamil
Nadu) and its passenger cars are manufactured in Irungattukkotai (TN). HMIL has its
dealer network and its service network spread across the country. Internationally,
Hyundai has a joint venture with Daimler Chrysler and Mitsubishi. Besides it has a
strategic partnership with United Technologies Corporation, USA for the
development of fuel cell vehicles and with Capstone Turbine Corp, USA for the
development of gas turbine hybrid engines for cars and CVs.
Elantra
Getz
i10
Accent
CONTACT INFORMATION
City
State
Tamil Nadu
Website
www.hyundaimotorindia.c
om
Pinco
de
60210
5
Area
91 code
Tel no.
47100000
Fax no.
47100100
44
MAHINDRA
&
MAHINDRA
for the manufacture of a mid-sized sedan, the Logan, and with International Truck &
Engine Corporation, USA, for manufacture of trucks and buses in India.
CONTACT INFORMATION
City
Mumbai
State
Maharashtra
Website
www.mahindra.com
40000
1
Area
91 code
Tel no.
22021031
Fax no.
22875485
22
HINDUSTAN
MOTORS
HINDUSTAN MOTORS
Company Background
Mr. B. M. Birla founded Hindustan Motors in the year 1942 by setting a plant at Port
Okha, Gujarat. Later in 1948 it moved to Uttarpara, West Bengal. Today Hindustan
Motors is the Flagship Company of the C.K. Birla group. The Indian promoters have
equity holding of about 30 percent. Indian public holds above 41 percent of
company's equity while institutional investors own nearly 10 percent. Currently Mr.
C. K. Birla is the chairman of the company. Hindustan Motors manufactures
passenger cars, heavy commercial vehicles, utility vehicles, car engines, power
products, earth moving equipment like dumpers, loaders, etc. Some of the names of
the products of the company are Ambassador & Contessa, Trekker, Porter, Pushpak &
Bedford trucks, Mitsubishi Lancer & Mitsubishi Pajero.
In collaboration with OKA Motor Company, Australia, HML manufactures the RTV,
which is available in diesel, petrol, CNG/LPG variants. The company's engineering
division support solutions such as, production optimization, trouble-shooting solution,
engineering information, management solutions and implementation for the
engineering industry. The registered office of Hindustan Motors is in Kolkata,
besides its owns 3 plants one in Uttarpara (WB), the second in Thiruvallur (Tamil
Nadu), & the third in Pithampur (MP). The Automobile division at Uttarpara, West
Bengal manufactures Passenger Cars and Multi Utility Vehicles, while Thirivallar
plant exclusively manufactures Mitsubishi Lancer. The RTV is manufactured at the
Pithampur plan
Motors, Japan and OKA Motor Company, Australia. The Earth Moving Equipment
Division has collaborations with Caterpillar U.S.A., Terex and with Fermac U.K.
CONTACT INFORMATION
Street
City
Kolkata
State
West Bengal
Website
Telephone and fax
numbers
Country code
Pinc
ode
7000
01
Area
91 code
33
hmcosecy@hindmotor.com
Tel no.
22420932
Fax no.
22480055
RESEARCH OBJECTIVES
RESEARCH METHODOLOGY
Research is a careful investigation or the inquiry through search for the facts in
the branch of knowledge. Research methodology refers to the methods, technique
that are used for the activities involved in performing the research operations such
as making observation, recording data etc.
Problem definition
Secondary Data
CMIE Database
Bar Graph
Types of research
Types of Data
Sources of Data
Statistical Tools
INDIVIDUAL PERFORMANCE
OF
COMPANIES
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
10917.62
15593.64
20712.32
24375.95
32189.1
10607.73
15208.74
20217.42
23439.41
31000.71
PAT
300.11
810.34
1236.95
1528.88
1913.46
PBT
510.69
1292.89
1652.45
2053.81
2573.18
35000
30000
25000
Total income
20000
Sales
PAT
15000
PBT
10000
5000
0
Mar 2003 Mar 2004 Mar 2005 Mar 2006 Mar 2007
Interpretation
In this graph we can see that Total Income, Sales, PBT, PAT is given. By analysing
this graph we can find that there is an increase in total income and total sales of Tata
Motors over a period of 2003-2007.There is a constant increase in Total Income and
sales .But there is fluctuation in PBT and PAT over this period.
Company performance
Growth (%)
Total income
Mar 2003
Mar 2004
21.175212
Mar 2006
Mar 2007
42.830031
32.825434
17.688168
32.0527
170.01433
52.645803
23.600792
25.154361
4.139453
39.122356
14.611036
34.284172
24.327034
2.0689121
22.888959
35.875348
16.917307
20.892225
PAT
NA
Net worth
Total assets
Mar 2005
180
160
140
120
Total income
100
PAT
Net worth
80
Total assets
60
40
20
0
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
Interpretation
In this graph we can se that Growth (%) in Total Income, PAT, Net Worth and Total
Assets is given. By analysing this graph we can find that there is a vast increase in
PAT in the year 2004 and there is stability in other things over this period of 20032007.
Maruti Suzuki
India Ltd.
Mar 2003
Total income
Mar 2004
Mar 2005
Mar 2006
Mar 2007
9462.8
11476.3
13777.8
15420.9
17917.7
Sales
9203.8
11128.1
13485.9
15125.2
17458
PBT
269.5
793.6
1300.1
1750
2267.3
PAT
146.4
542.1
853.6
1189.1
1562
20000
18000
16000
14000
12000
10000
8000
6000
4000
2000
0
Total income
Sales
PBT
PAT
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
Interpretation
In this graph we can se that Total Income, Sales, PBT, PAT is given. By analysing
this graph we can find that there is an increase in total income and total sales of
Maruti over a period of 2003-2007.But there is fluctuation in PBT and PAT over this
period.
Company Performance
Growth (%)
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
Total income
0.499161
21.278057
20.054373
11.925707
16.191014
PAT
40.095694
270.28689
57.461723
39.304124
31.359852
Net worth
16.274487
18.795069
22.487342
24.5227
25.699666
Total assets
13.535722
4.9767884
13.6863
17.927042
33.28918
300
250
200
Total income
PAT
150
Net worth
Total assets
100
50
0
Mar
2003
Mar
2004
Mar
2005
Mar
2006
Mar
2007
Interpretation
In this graph we can se that Growth (%) in Total Income, PAT, Net Worth and Total
Assets is given. By analysing this graph we can find that there is a vast increase in
PAT in the year 2004 and there is stability in other things over this period of 20032007.Growth in total assets is maximum in 2007.
Mar 2003
Mar
2004
Mar
2005
Mar
2006
Mar 2007
4062.22
5905.62
7716.44
8956.28
10459.57
Sales
3993.02
5842.61
7640.05
8898.75
10353.91
PBT
258.78
572.12
611.12
804.88
714.86
PAT
164.75
378.85
406.92
525.1
466.75
12000
10000
8000
Total income
Sales
6000
PBT
PAT
4000
2000
0
Mar
2003
Mar
2004
Mar
2005
Mar
2006
Mar
2007
Interpretation
In this graph we can se that Total Income, Sales, PBT, PAT is given. By analysing
this graph we can find that there is an increase in total income and total sales of
Hyundai Motor over a period of 2003-2007.But there is fluctuation in PBT and PAT
over this period.PBT is maximum in 2006
Company performance
Growth (%)
Mar 2003
Total income
Mar 2004
Mar 2005
Mar 2006
Mar 2007
18.2645
45.379128
30.662657
16.067513
16.784759
PAT
-40.005826
129.95448
7.4092649
29.042564
-11.112169
Net worth
-10.612534
23.609846
21.232676
34.322056
22.712188
0.9942801
36.436997
18.402238
21.840546
56.371998
Total assets
140
120
100
80
Total income
60
PAT
40
Net worth
20
Total assets
Mar 2007
Mar 2006
Mar 2005
-40
Mar 2004
-20
Mar 2003
-60
Interpretation
In this graph we can se that Growth (%) in Total Income, PAT, Net Worth and Total
Assets is given. By analysing this graph we can find that there is a vast increase in
PAT in the year 2004 but PAT has dipped to negative in 2003 and there is stability in
other things over this period of 2003-2007.Growth in total assets is maximum in
2007.
Mahindra &
Mahindra Ltd.
Mar 2003
Total income
Mar 2004
Mar 2005
Mar 2006
Mar 2007
4709.19
6090.87
7874.68
9734.95
11783.37
Sales
4499.71
5888.84
7654.77
9276.49
11238.49
PBT
197.03
430.17
714.17
1099.5
1418.49
PAT
145.53
340.52
512.67
857.1
1068.39
14000
12000
10000
Total income
8000
Sales
6000
PBT
PAT
4000
2000
0
Mar 2003
Mar 2004
Mar 2007
Interpretation
In this graph we can se that Total Income, Sales, PBT, PAT is given of Mahindra and
Mahindra. By analysing this graph we can find that there is an increase in total
income and total sales over a period of 2003-2007.But there is fluctuation in PBT and
PAT over this period.PBT is maximum in 2007.
Company performance
Growth (%)
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
Total income
15.929082
29.340078
29.286621
23.623436
21.041916
PAT
50.170261
133.98612
50.555034
67.183568
24.651733
Net worth
1.7951596
15.57573
11.272144
47.727471
22.415447
-1.3815145
-1.4224233
24.351415
19.649845
32.136595
Total assets
100
80
60
40
Total income
20
Net worth
0
Mar 2007
Mar 2006
Jun 2005
Mar 2004
Mar 2003
-20
Total assets
-40
-60
-80
Interpretation
In this graph we can se that Growth (%) in Total Income, PAT Net Worth and Total
Assets is given. By analysing this graph we can find that there is a vast increase in Net
worth in the year 2005 and there is stability in other things over this period of 20032007.Growth in net worth is maximum in 2005.
Hindustan
Motors Ltd.
Mar 2003
Total income
Mar 2004
Jun 2005
Mar 2006
Mar 2007
1101.44
888.66
1607.56
568.27
894.33
1075.97
859.28
1397.64
553.44
806.96
PBT
-26.63
-80.85
61.61
-37.04
18.54
PAT
-26.74
-80.94
61.2
-43.69
13.3
Sales
1800
1600
1400
1200
1000
Total income
Sales
800
600
400
200
PBT
PAT
COMPARITIVE
0
-200
Mar
2003
Mar
2004
Jun 2005
Mar
2006
Mar
2007
Interpretation
In this graph we can se that Total Income, Sales, PBT, PAT is given of Hindustan
Motor. By analysing this graph we can find that there is an increase in total income
and total sales over a period of 2003-2007.There is an increase in total income and
sales in 2005.But there is fluctuation in PBT and PAT.PBT ant PAT was negative in
the year 2003,2004 and 2006 .
Company Performance
Growth (%)
Mar 2003
Mar 2004
Jun 2005
Mar 2006
Mar 2007
Total income
-11.005535
PAT
-19.318347
NA
Net worth
34.405561
NA
-50.608936
NA
18.033241
NA
NA
-14.160896
-57.483224
76.218852
-42.286344
20.379897
9.941695
-21.561355
-20.566763
-12.449787
9.5323053
Total assets
100
80
60
40
Total income
20
Net worth
0
Mar 2007
Mar 2006
Jun 2005
Mar 2004
Mar 2003
-20
Total assets
-40
-60
-80
Interpretation
In this graph Growth (%) Total income, Net Worth and Total Assets is given
We can clearly see that Net Worth was maximum in the year 2005 and in the year
2003, 2004, 2006 it is negative. Year 2007 was much better for Hindustan Motors.
COMPARITIVE
ANALYSIS
OF
MAJOR PLAYERS
IN
CAR INDUSTRY
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
10917.62
15593.64
20712.32
24375.95
32189.1
9462.8
11476.3
13777.8
15420.9
17917.7
4062.22
5905.62
7716.44
8956.28
10459.57
4709.19
6090.87
7874.68
9734.95
11783.37
1101.44
888.66
1607.56
568.27
894.33
T otal Income
35000
30000
25000
20000
15000
10000
5000
0
Ma r 2003 Ma r 2004 Ma r 2005 Ma r 2006 Ma r 2007
Interpretation
This graph shows the comparative analysis of the total income of Tata Motors, Maruti
Suzuki Ind ltd, Hyundai Motor India Ltd, Mahindra and Mahindra Ltd and Hindustan
Motor Ltd over a period 2003-2007.Over this period there has been a consistent
growth in the income of Tata Motors, Maruti Suzuki Ltd, Hyundai Motor Ltd and
Mahindra and Mahindra Ltd while Hindustan Motor has a trend of alternative Growth
in total income as having fall in total income 2003, 2004 and 2006 over the preceding
year. In 2004 all companies got the highest growth except Hindustan Motors
Total Sales
Years
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
10607.73
15208.74
20217.42
23439.41
31000.71
9203.8
11128.1
13485.9
15125.2
17458
3993.02
5842.61
7640.05
8898.75
10353.91
4499.71
5888.84
7654.77
9276.49
11238.49
1075.97
859.28
1397.64
553.44
806.96
T o tal S ales
35000
30000
Tata M otors Ltd.
25000
20000
15000
10000
5000
0
M a r 2003 M a r 2004 M a r 2005 M a r 2006 M a r 2007
Interpretation
This graph the comparative analysis of total Sales of Tata motors, Maruti Suzuki,
Hyundai motors, Mahindra and Mahindra and Hindustan motors over a period of
2003-2007.It shows a consistent growth in the total sales of the given companies
except Hindustan motors over a given period. Hindustan motors got cutting down in
sales in 2004 and 2006.2004 is the golden year in comparison of other years a it got
the maximum growth in total sales of all companies except Hindustan motors.
PBT(Rs Crore)
Years
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
510.69
1292.89
1652.45
2053.81
2573.18
269.5
Mar
2003
258.78
793.6
Mar
2004
572.12
1300.1
Mar
2005
611.12
1750
Mar
2006
804.88
Tata
Motors
Ltd.
Mahindra
& Mahindra
Ltd.
Maruti Suzuki
IndiaLtd.
Ltd.
Hindustan
Motors
300.11
197.03
146.4
-26.63
810.34
430.17
542.1
-80.85
1236.95
714.17
853.6
61.61
1528.88
1099.5
1189.1
-37.04
2267.3
Mar
2007
714.86
1913.46
1418.49
164.75
378.85
406.92
525.1
1562
18.54
466.75
145.53
340.52
512.67
857.1
1068.39
-26.74
-80.94
61.2
-43.69
13.3
PBT
3000
2500
2000
1500
1000
500
0
-500
Interpretation
This graph shows the comparative analysis of PBT of the given automobile
companies during the period 2003-2007.In this period Tata Motors has a consistent
Growth and attained the max growth in 2004 and Maruti and Mahindra have also
the same growth record. In the same period Hyundai Motor recorded the growth in
consecutive four year and in 2007 its PBT growth dipped down over preceding year
its maximum growth was in 2004.In 2003 & 2004, PBT growth rate of Hindustan
motor
was negative and from the next year it was on alternate pattern by the
observation it can be concluded that 2004 is the best year according to performance of
listed companies.
PAT
2500
2000
Ta ta M o to rs L td .
1500
M a ru t i S u z u k i In d ia L td .
1000
H y u n d a i M o t o r In d ia L td .
M a h in d ra & M a h in d ra L td .
500
H in d u s ta n M o to rs L td .
0
M ar 2003 M ar 2004 M ar 2005 M ar 2006 M ar 2007
-5 0 0
Interpretation
This graph shows the comparative analysis of PAT of five car companies during the
period 2003-2007.In this given period PAT growth of Tata Motors, Maruti and
Mahindra and Hyundai has been positive over the preceding years. Each of these
companies get the maximum growth in 2004.Hyundai Motors has been positive in
PAT growth since 2003 to 2006 while in 2007 its growth was negative and in 2004 it
got the maximum growth. In 2003 and 2004 the growth of Hindustan motor was
negative while in the next year it got the maximum growth and in the next two year its
growth was negative and positive, on the basis of comparison we can say that 2004
was the golden year.
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
21.175212
42.830031
32.825434
17.688168
32.052699
0.499161
21.278057
20.054373
11.925707
16.191013
18.2645
45.379128
30.662657
16.067513
16.784759
15.929082
29.340078
29.286621
23.623436
21.041916
-11.005535
-19.318347
34.405561
-50.608936
18.033241
Gro w th (% ) in T o tal In co m e
60
40
Tata M otors Ltd.
20
Mar 2006
Mar 2005
Mar 2004
-20
-40
-60
Interpretation
This graph shows the comparative analysis of Growth(%) in total income of five car
companies during the period 2003-2007 .In this given period growth in Total income
of Tata Motors, Maruti and Mahindra and Hyundai has been positive over the
preceding years. Each of these companies get the maximum growth in 2004.Growth
(%) in total income of Tata Motors was stable except in year 2006.In the year 2003,
2004, 2006 shows a negative growth. On the basis of this analysis 2005 was a golden
year.
Years
Mar 2004
NA
Mar 2005
Mar 2006
Mar 2007
170.01433
52.645803
23.600792
25.154361
40.095694
270.28689
57.461723
39.304124
31.359852
-40.005826
129.95448
7.4092649
29.042564
-11.112169
50.170261
133.98612
50.555033
67.183568
24.651733
NA
NA
NA
NA
NA
Grow th (% ) in PAT
300
250
200
150
100
50
Mar 2006
Mar 2005
-100
Mar 2004
-50
Mar 2003
Interpretation
This graph shows the comparative analysis of Growth (%) in PAT of five car
companies during the period 2003-2007.Maruti has a maximum growth of 270.28 as
compared to Tata Motors of 170.01.Hyundai Motor had experienced a negative
growth in the year 2003 but it improved a lot in2004 and went to 129.95 in the year
2004 and again fall to negative in2007.All over 2004 was a golden period for all
companies.
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
4.139453
39.122356
14.611036
34.284172
24.327034
16.274487
18.795069
22.487342
24.5227
25.699666
-10.612534
23.609846
21.232676
34.322056
22.712188
1.7951596
15.57573
11.272144
47.727471
22.415447
-14.160896
-57.483224
76.218852
-42.286344
20.379897
G ro w th (% ) in N e t W o rth
100
80
60
Tata M otors Ltd.
40
20
0
Mar 2007
Mar 2006
Mar 2005
Mar 2004
-40
-20
-60
-80
Interpretation
This graph shows the comparative analysis in Net Worth of five car companies during
the period 2003-2007.Tata Motor, Maruti and Mahindra & Mahindra shows a
consistent growth rate during the year. Tata motor attained the maximum growth of
32.12% in 2004, Maruti attained the max growth of 25.69% in2007 and Mahindra
attainted the maximum growth 47.72% in 2006.During the year Hyundai Motor has
been consistent in growth accept 2003 where the growth was negative its maximum
growth was 34.22% in 2006.Hindustan Motors growth was negative in 2003,2004
and in 2006 and in 2005 and in 2007 it was positive.
Mar 2003
22.888959
13.535722
0.99428
-1.3815145
-1.4224233
9.9416949
-21.561355
Mar 2004
2.068912
Mar 2005
Mar 2006
Mar 2007
35.875348
16.917307
20.892225
4.9767884
13.6863
17.927042
33.28918
36.436997
18.402238
21.840546
56.371998
24.351415
19.649845
32.136595
-20.566763
-12.449787
9.5323053
Gro w th (% ) in T o ta l Asse ts
70
60
50
40
30
20
10
Mar 2006
-30
Mar 2005
-20
Mar 2004
-10
Mar 2003
Interpretation
This graph shows the comparative analysis of growth (%) in total assets of five
companies during the period 2003-2007.Tata Motors, Maruti Suzuki. Hyundai Motor
has been consistent in growth during the period Tata Motor has got the maximum
growth at 35.87% in 2005, Maruti Suzuki has got the maximum growth of 33.28% in
2007 and Hyundai Motor achieved the maximum of 56.37% in 2007.The growth of
Mahindra and Mahindra was negative in2003 % 2004 and it was maximum in 2007 as
it was 32.13%.The growth of Hindustan Motors was negative in 2004, 2005 and 2006
while it was maximum 9.94 in 2003.
FINDINGS
1. Performance of total income
On the basis of performance of total income Tata Motors, Maruti Suzuki Ind ltd,
Hyundai Motor India Ltd, Mahindra and Mahindra Ltd and Hindustan Motor Ltd over
a period 2003-2007.Over this period there has been a consistent growth in the income
of Tata Motors, Maruti Suzuki Ltd, Hyundai Motor Ltd and Mahindra and Mahindra
Ltd while Hindustan Motor has a trend of alternative Growth in total income as
having fall in total income 2003, 2004 and 2006 over the preceding year. In 2004 all
companies got the highest growth except Hindustan Motors.
3. Performance of PAT
On the basis of performance of PAT of five car companies during the period 20032007.In this given period PAT growth of Tata Motors, Maruti and Mahindra has been
positive over the preceding years. Each of these companies get the maximum growth in
2004.Hyundai Motors has been positive in PAT growth since 2003 to 2006 while in
2007 its growth was negative and in 2004 it got the maximum growth. In 2003 and
2004 the growth of Hindustan motor was negative while in the next year it got the
maximum growth and in the next two year its growth was negative and positive, on the
basis of comparison we can say that 2004 was the golden year
4. Performance of PBT
On the basis of PAT of five car companies during the period 2003-2007.In this given
period PAT growth of Tata Motors, Maruti and Mahindra has been positive over the
preceding years. Each of these companies get the maximum growth in 2004.Hyundai
Motors has been positive in PAT growth since 2003 to 2006 while in 2007 its growth
was negative and in 2004 it got the maximum growth. In 2003 and 2004 the growth of
Hindustan motor was negative while in the next year it got the maximum growth and
in the next two year its growth was negative and positive, on the basis of comparison
we can say that 2004 was the golden year.
5. Growth (%) in Total Income
Over this period there has been a consistent growth in the income of Tata Motors,
Maruti Suzuki Ltd, Hyundai Motor Ltd and Mahindra and Mahindra Ltd while
Hindustan Motor has a trend of alternative Growth in total income as having fall in
total income 2003, 2004 and 2006 over the preceding year. In 2004 all companies got
the highest growth except Hindustan Motors.
6. Growth (%) in PAT
Each of these companies get the maximum growth in 2004.Hyundai Motors has been
positive in PAT growth since 2003 to 2006 while in 2007 its growth was negative and
in 2004 it got the maximum growth. In 2003 and 2004 the growth of Hindustan motor
was negative while in the next year it got the maximum growth and in the next two
year its growth was negative and positive, on the basis of comparison we can say that
2004 was the golden year
7. Growth (%) in Net Worth
Net Worth of five car companies during the period 2003-2007.Tata Motor, Maruti and
Mahindra & Mahindra shows a consistent growth rate during the year. Tata motor
attained the maximum growth of 32.12% in 2004, Maruti attained the max growth of
25.69% in2007 and Mahindra attainted the maximum growth 47.72% in 2006.During
the year Hyundai Motor has been consistent in growth accept 2003 where the growth
was negative its maximum growth was 34.22% in 2006.Hindustan Motors growth
was negative in 2003, 2004 and in 2006 and in 2005 and in 2007 it was positive.
CONCLUSION
Thus to conclude that there are many car companies in car industry but some main
players are
MARUTI
HYUNDAI
MAHINDRA & MAHINDRA
TATA MOTORS
HINDUSTAN MOTORS
In above companies Maruti overall capture the maximum percentage of market share
and customer loyalty towards their product line.
Introduction of new products like Swift and Tata Nano is going to reach height which
can be beneficial for their companies in long run.
Hyundai is the second leader as per customer loyalty and market capturing.
Some point which a customer want to see while purchasing the product are as
follows: Mileage
Comfort
Power
Cost
Look
Low maintenance etc.
SUGGESTIONS
SUGGESTIONS
LIMITATION
Though this study providing better knowledge about this field but still it
have some limitation
Due to short time span, study could not be so deep.
Due to data collected much earlier of submission of report, the
BIBLIOGRAPHY
ANNEXURE
Financials at a Glance of Tata Motors
Tata Motors Ltd.
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
Rs Crore
Total income
10917.62
15593.64
20712.32
24375.95
32189.1
10607.73
15208.74
20217.42
23439.41
31000.71
150.34
281.02
389.22
800.12
980.12
10737.25
14641.32
19619.37
23103.98
30625.32
5538.92
8110.14
11593.39
13634.28
18420.36
193.51
214.52
237.81
258.51
327.41
Compensation to employees
720.37
887.05
1043.52
1147.17
1368.09
1768.42
2292.46
3092.23
3413.71
4457.95
538.4
507.2
648.53
833.32
1153.58
PBDITA
1097.63
1770.65
2155.71
2707.99
3362.32
PBDTA
872.82
1675.49
2076.01
2576.49
3148.1
PBT
510.69
1292.89
1652.45
2053.81
2573.18
PAT
300.11
810.34
1236.95
1528.88
1913.46
2597.16
3593.6
4111.39
5537.07
6869.75
Sales
Income from financial services
Total expenses
Raw material expenses
Indirect taxes
Selling & distribution expenses
Other operational exp. of indl. enterprises
Other oper. exp. of non-fin. service
enterprises
Net worth
Paid up equity capital (net of forfeited
capital)
319.78
352.95
361.74
382.82
385.36
2277.33
3236.77
3749.6
5154.2
6484.34
Total borrowings
1458.31
1259.77
2495.42
2936.84
4009.14
3585.36
4689.99
6574.41
6944.9
7732.67
Total assets
8294.13
10192.57
13849.19
16192.1
19574.99
6081.14
6248.62
7106.44
8883.21
11151.16
3368.07
3247.8
3696.51
4521.23
6394.58
1271.8
3081.44
2912.06
2015.15
2477
2923.51
2962.41
4910.17
4874.66
5357.61
152.69
743.67
2209.6
4616.19
5159.11
Total income
21.1752118
42.8300307
32.825434
17.6881682
32.0526995
Total expenses
19.1111412
36.3600549
34.0000082
17.7610698
32.5543045
PBDITA
39.3957481
61.3157439
21.7468161
25.6194015
24.16294
PAT
Error
170.014328
52.645803
23.6007923
25.1543614
39.122356
14.611036
34.2841717
24.3270336
Investments
Current assets
Loans & advances
Growth (%)
Net worth
4.139453
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
-Rs Crore
Total income
Sales
Income from financial services
Total expenses
9462.8
11476.3
13777.8
15420.9
17917.7
9203.8
11128.1
13485.9
15125.2
17458
138.7
151.8
155.4
188.9
302.6
9214.4
10937.4
13065.9
14467.8
16112.6
5660
6686.5
8241.5
8967.5
10247.1
78.1
95.8
58.1
79.4
133.6
Compensation to employees
238.1
345.3
195.8
228.7
288.4
1810.8
1943.8
2413.2
2737.5
2510.1
607.8
406
337.2
356
499.9
6.7
4.3
209.2
77.2
PBDITA
657.8
1379.7
1808.8
2055.8
2576.3
PBDTA
605.7
1336.3
1772.8
2035.4
2538.7
PBT
269.5
793.6
1300.1
1750
2267.3
PAT
146.4
542.1
853.6
1189.1
1562
3098
3591.2
4378.8
5452.6
6853.9
Indirect taxes
Selling & distribution expenses
Other operational exp. of indl. enterprises
Other oper. exp. of non-fin. service
enterprises
Net worth
Paid up equity capital (net of forfeited
capital)
Reserves & surplus
Total borrowings
144.5
144.5
144.5
144.5
144.5
2953.5
3446.7
4234.3
5308.1
6709.4
641.7
427.2
406.1
166.3
723.6
1292.9
1416.5
1509.5
1882.5
2408.7
Total assets
5471.4
5743.7
6529.8
7700.4
10263.8
4523.1
4641.6
5095.2
5046.6
6385.7
2265
1905.7
1915.8
1787.2
2898.6
Investments
103.2
1677.3
1516.6
2051.2
3409.2
2716.7
1941.8
2907.6
3513.3
3758.5
66.1
77.1
64.4
227.6
87.4
21.2780572
20.0543729
11.9257066
16.1910135
Total expenses
0.49916098
2.52612872
18.6989929
19.4607494
10.7294561
11.3686946
PBDITA
14.8995633
109.744603
31.100964
13.6554622
25.3186108
PAT
40.0956938
270.286885
57.4617229
39.3041237
31.359852
Net worth
16.2744871
18.7950686
22.4873423
24.5227003
25.6996662
Total assets
13.5357224
4.97678839
13.6862998
17.9270422
33.2891798
Current assets
Loans & advances
Growth (%)
Total income
Mar 2003
Mar 2004
Mar 2005
Mar 2006
Mar 2007
4062.22
3993.02
47.71
5905.62
5842.61
51.16
7716.44
7640.05
16.72
8956.28
8898.75
40.24
10459.57
10353.91
63.36
3893.87
2151.67
36.75
89.18
879.63
191.23
0
5560.73
3446.94
42.89
107.09
915.46
199.8
0
7407.29
4819.65
56.53
136.11
1048.9
253.11
20.67
8494.17
5492.81
63.86
163.71
1122.45
255.84
0
10245.04
6868.66
68.08
190.28
1163.66
360.4
0
439.04
426.8
258.78
164.75
760.38
750.67
572.12
378.85
870.39
861.19
611.12
406.92
1102.07
1099.89
804.88
525.1
1086.92
1073.86
714.86
466.75
1020.93
1261.97
1529.92
2055.02
2521.76
812.54
208.39
812.54
449.43
812.54
717.38
812.54
1242.48
812.54
1709.22
571.54
454.24
596.33
983.55
418.09
1394.42
521.95
1586.62
1889.67
2248.72
2219.42
1926.18
1263.63
11.9
922.3
0.06
3028.11
2548.85
1709.85
11.73
1263.48
0.01
3585.35
2773.93
1694.91
0
1875.61
0
4368.41
3274.78
1903.37
0
2446.85
0
6830.97
5279.94
3558.03
19.5
3240.3
0
18.2644999
21.5448005
16.2728608
40.0058264
10.6125344
0.99428005
45.3791277
42.8072843
30.6626569
33.2071509
16.067513
14.6731126
73.1915087
14.4677661
26.6179529
129.954476
7.40926488
29.0425636
16.7847589
20.6126084
1.37468582
11.1121691
23.6098459
36.4369971
21.2326759
18.4022377
34.3220561
21.8405456
22.7121877
56.371998
Mar 2003
Mar 2004
12 mths
12 mths
Mar 2005
12 mths
Mar 2006
12 mths
Mar 2007
12 mths
-Rs Crore
Total income
4709.19
6090.87
7874.68
9734.95
11783.37
4499.71
5888.84
7654.77
9276.49
11238.49
172.5
119.75
124.83
292.49
368.63
4530.36
5759.36
7524.05
8976.97
10719.7
2285.89
3143.19
4422.39
5415.27
6455.3
44.01
45.64
52.64
57.46
65.19
Compensation to employees
385.19
427.84
469.51
558.76
702.42
Indirect taxes
801.75
974.56
1073.57
1161.18
1332.77
195.39
288.81
369.72
458.31
635.12
3.07
1.83
0.01
0.58
0.11
PBDITA
488.43
673.65
910.32
1326.75
1648.21
PBDTA
370.06
596.39
880.08
1299.79
1628.41
PBT
197.03
430.17
714.17
1099.5
1418.49
PAT
145.53
340.52
512.67
857.1
1068.39
1569.83
1775.04
1986.53
2908.86
3552.9
Sales
Income from financial services
Total expenses
Raw material expenses
Net worth
Paid up equity capital (net of forfeited
capital)
Reserves & surplus
116.01
116.01
111.65
233.4
238.03
1453.82
1659.03
1874.88
2675.46
3314.87
Total borrowings
1139.83
729.78
1052.6
883.36
1635.98
1089.01
1241.11
1679.61
1980.73
2613.42
Total assets
4036.07
3978.66
4947.52
5919.7
7822.09
2490.97
2561.25
2810.58
3064.85
3510.43
1467.93
1393.59
1475.01
1554.59
1871.31
856.48
1048.09
1151.53
1682.87
2200.94
1497.42
1412.51
2185.49
2540.04
3442.07
114.22
85.34
72.08
124.15
290.21
Total income
15.9290815
29.3400776
29.2866208
23.6234361
21.041916
Total expenses
15.9994879
27.128087
30.6403837
19.3103448
19.4133433
Investments
Current assets
Loans & advances
Growth (%)
PBDITA
26.683958
37.9215036
35.1324872
45.7454521
24.2291313
PAT
50.1702611
133.98612
50.5550335
67.1835684
24.6517326
Net worth
1.79515959
1.38151449
15.5757296
11.2721435
47.7274711
22.4154468
-1.4224233
24.3514148
19.6498448
32.1365948
Total assets
Mar 2003
12 mths
Mar 2004
12 mths
Jun 2005
12 mths
Mar 2006
12 mths
Mar 2007
12 mths
1101.44
1075.97
1.28
888.66
859.28
2.47
1607.56
1397.64
48.6
568.27
553.44
2.39
894.33
806.96
1.87
1151.82
449.36
23.07
115.62
281.61
40.19
0
951.58
367.17
23.13
114.18
196.31
38
0
1528.57
691.47
29.62
136.33
305.39
36.99
0
610.93
309.33
12.61
51.32
127.8
20.07
0
887.18
429.47
16.15
69.2
187.16
31.03
0
72.21
17.35
-26.63
-26.74
15.7
-39.65
-80.85
-80.94
163.33
114.99
61.61
61.2
-5.18
-14.02
-37.04
-43.69
60.66
43.92
18.54
13.3
Net worth
Paid up equity capital (net of forfeited
capital)
Reserves & surplus
154.81
73.86
135.02
91.24
103.39
161.18
-6.45
161.18
-87.4
161.17
-26.24
161.17
-70.02
161.17
-57.87
Total borrowings
Current liabilities & provisions
374.44
275.4
362.47
257.35
164.3
208.37
159.51
220.07
187.51
224.8
Total assets
Gross fixed assets
Net fixed assets
Investments
Current assets
Loans & advances
884.36
746.17
351.06
5.38
416.87
0.13
693.68
751.82
320.69
1.5
325.82
0.11
520.19
470.96
205.41
70.56
236.39
0.47
470.82
480.3
200.03
70.24
197.52
0.68
515.7
490.48
188.85
70.61
251.2
4.84
19.3183469
17.3846608
-78.257859
Error
34.4055607
50.6089358
18.0332412
Net worth
11.0055347
8.20395932
-0.083022
Error
14.1608957
Total assets
9.94169495
Total expenses
Raw material expenses
Power, fuel & water charges
Compensation to employees
Indirect taxes
Selling & distribution expenses
Other operational exp. of indl. enterprises
Other oper. Exp. of non-fin. service
enterprises
PBDITA
PBDTA
PBT
PAT
Growth (%)
Total income
Total expenses
PBDITA
PAT
-57.483224
21.5613551
22.2204872
444.759782
Error
76.2188524
-20.566763
-41.82454
Error
Error
42.2863438
12.4497874
8.91345981
Error
Error
20.3798971
9.53230534