Sinhgad Business school In Partial Fulfilment of Requirements For the Award of Degree of POST GRADUATE DEPLOMA IN MANAGEMENT DECLARATION D E C LARAT I O N I, the undersigned, hereby declare that the Project Report entitled “Financial Statement Analysis of ZUARI CEMENTS Ltd. ” written and submitted by me to the University of Pune, Pune in partial fulfilment of the requirements for the award of degree of Master of Business Administration under the guidance of Mr. Manoj Kumar Sahoo (Deputy Manager Finance)and Mr. Vishnu Murthy (Manager Finance) is my original work and the conclusions drawn therein are based on the material collected by myself.

Place : Pune Date: 20-jul-2008 Student

Brijesh kumar verma Research

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GUIDE’S CERTIFICATE

C E RT I F I CAT E This is to certify that the Project Report entitled “ FINANCE STATEMENTANALYSIS” which is being submitted herewith for the award of the degree of Master of Business Administration of University of Pune, Pune is the result of the original research work completed by Mr BRIJESH KUMAR VERMA under my supervision and guidance and to the best of my knowledge and belief the work embodied in this Project Report has not formed earlier the basis for the award of any degree or similar title of this or any other University or examining body. Place :SITAPURAM (Donda padu) Date: 20-Jul-2008 (Name of the Guide) Mr. Manoj kr. Sahoo Research Student Brijesh kr. verma

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CONTENT PAGE CONTENTS Page No ACKNOWLEDGMENT LIST OF TABLES LIST OF FIGURES CHAPTER I: Introduction CHAPTER II: Profile of the organization CHAPTER III: Research Design and Methodology CHAPTER IV: Data Presentation, Analysis and interpretation CHAPTER V: Recommendations BIBLIOGRAPHY: ANNEXURE: 5 6-19 20-35 36-39 40-82 83-84 85-86 87-100 1-2 4

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LIST OF TABLES

LIST OF TABLES Table No. Table No. 1.1 Table No. 1.2 Table No. 1.3 Table No. 1.4 Table No. 1.5 Table No. 1.6 Table No. 1.7 Table No. 1.8 Table No. 1.9... [continues]

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