Financial Performance Analysis

Topics: Balance sheet, Financial statements, Income statement Pages: 11 (3338 words) Published: July 18, 2013
The Company was incorporated as Public Limited Company on 8th
January, 1993 at Bangalore and obtained Certificate of Commencement
of Business on 21st January, 1993.

The Company has set up a project to manufacture 32 lakh Sq.inches p.a
of Hybrid Micro Circuits and 44 lakh sq.inches p.a. of Resistor
Networks (passive HMCS) at Yelahanka, Bangalore.

The Company does not belong to any existing industrial group. -Solectron Centum receives an order from Department of Space.
- The Company have been associated with ISRO for the successful launch of PSLV-C19 and RISAT-1 mission by supplying the modules and subsystems of different types.
Centum Electronics was founded in 1994 by Mr. Apparao Mallavarapu in Bangalore, India. Since then, Centum has rapidly grown into a diversified electronics company operating across different industry segments and offering a broad range of products and services. It has continuously invested in strengthening its design & product development capabilities and has established truly world-class manufacturing facilities which today are spread across 4 locations in Bangalore. A key contributor to Centum’s growth has been the strong relationships forged with international customers and partners that have enabled the company to establish a global presence and bring value to a range of customers. This customer-focused approach coupled with Centum’s core-values of Technology-Teamwork-Trust has resulted in a track-record of high quality products & services and excellent execution ability. Key Executives:

Apparao V Mallavarapu , Chairman & Managing Director | S Krishnan , Director |
P Rama Rao , Director |
Manoj Nagrath , Director |
Solectron Centum Electronics Ltd., formerly known as C-MAC Centum Electronics (C-MCEL) is a 51% Subsidiary of C-MAC Industries of Canada. The parent company is a leading, internationally-diversified designer and manufacturer of advanced electronic components, sub-systems, and frequency control products (FCP), and provides contract assembly services for the telecom, automotive instrumentation, defence, and aerospace industries. It factories are spread across Europe, the US and China. C-MCEL was primarily set up to cater to the telecommunication requirement in the country. Its major customers inculdes ITI, HTL, BI Technologies, Punjab Communication, Crompton Greaves, L&T, ABB and Deltron. The company supplies 80% of its products to the telecom industry. Due to this dependence of the company on single sector the company has to suffer losses in past. So to diversify and meet the demand for defence and aerospace sector the company imported and installed machines worth Rs 2 cr to cater this markets. The company is the largest manufacturer of hybrid micro circuits in the country. It is also the largest exporter of resistor networks. The company was also awarded the best productivity award by C-DOT for its products in 1999. Recently the company set up a 100% EOU to manufacture FCP product to cater to the world-wide clients. This new facility also received the ISO 9001 certification within five months of trial production. The Company completed the first full year of production of Frequency Controlled Products. The product was well received by companies like Nortel, Nucent, Marconi etc., and the Company was able to export Rs 150 million of these products. FINANCIAL PERFORMANCE ANALYSIS

Financial performance analysis is the process of identifying the financial strengths and weaknesses of the firm by properly establishing the relationship between the items of balance sheet and profit and loss account. It also helps in short-term and long term forecasting and growth can be identified with the help of financial performance analysis.The...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • General Electric Company Financial Analysis Essay
  • Essay about Financial Performance Analysis
  • Comparative Analysis of Neepco Through Ratio Analysisgh Ratio Analy Essay
  • Essay about Financial Statement Analysis
  • Financial Statement Analysis Essay
  • Essay on To What Extent Might the Cash Flow Statement Help to Overcome the Traditional Limitations of Financial Statement Analysis in...
  • Financial Ratio Definition Essay

Become a StudyMode Member

Sign Up - It's Free