Contents

Introduction .. 1
Asian Paints Ltd
About Asian Paints Ltd. 2
Strength and Weakness.. 2
Standalone Profit and loss Statement 3
Standalone Balance Sheet. 4
Horizontal Analysis.. 5-6
Vertical Analysis.. 7
Trend Analysis... 8
Comments on Horizontal, Vertical and Trend Analysis 9
Ratio Analysis 10
Comments on the ratio analysis 11

KANSAI NEROLAC PAINTS Ltd.

About Kansai Nerolac Paints Ltd. 12

Strength and Weakness. 12
Standalone Profit and loss Statement 13
Standalone Balance Sheet. 14
Horizontal Analysis.. 15-16
Vertical Analysis.. 17
Trend Analysis. 18
Comments on Horizontal, Vertical and Trend Analysis. 19
Ratio Analysis.. 20
Comments on the ratio analysis 21

BERGER PAINTS Ltd.

About Berger Paints Ltd 22

Strength and Weakness. 22
Standalone Profit and loss Statement. 23
Standalone Balance Sheet.. 24
Horizontal Analysis 25-26
Vertical Analysis. 27
Trend Analysis 28
Comments on Horizontal, Vertical and Trend Analysis. 29
Ratio Analysis. 30
Comments on the ratio analysis.. 31

SHALIMAR PAINTS Ltd.

About Shalimar Paints Ltd.. 32

Strength and Weakness 32
Standalone Profit and loss Statement.. 33
Standalone Balance Sheet 34
Horizontal Analysis. 35-36
Vertical Analysis. 37
Trend Analysis 38
Comments on Horizontal, Vertical and Trend Analysis. 39
Ratio Analysis. 40
Comments on the ratio analysis.. 41
Comparison and conclusions
Ratio comparison. 42-48
Conclusion 49
Recommendations 49
References. 50