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TATA MOTORS : FINANCIAL STATEMENTS ANALYSIS

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TATA MOTORS : FINANCIAL STATEMENTS ANALYSIS

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FINANCIAL ANALYSIS OF TATA MOTORSTABLE OF CONTENTSACKNOWLEDGEMENT.................................................................................3EXECUTIVE SUMMARY…..........................................................................4ENVIRONMENTAL ANALYSIS....................................................................5INDIAN AUTOMOBILE INDUSTRY……………………………………….7ABOUT TATA MOTORS…………………………………………………...13•TATA MOTORS SWOT ANALYSIS……………………………..14•HISTORY OF TATA MOTORS…………………………………...16•BOARD OF DIRECTORS…………………………………………21•SHAREHOLDING PATTERN OF TATA MOTORS LTD. ……...22•CAPITAL STRUCTURE OF TATA MOTORS LTD. ……………22FINANCIAL STATEMENTS……………………………………………….26FINANCIAL STATEMENT ANALYSIS OF TATA MOTORS…………...30•PROFITABILITY RATIOS………………………………………..30•LQUIDITY RATIOS……………………………………………….36•EFFICIENCY RATIOS…………………………………………….38•SOLVENCY RATIOS……………………………………………...39•MARKET BASED RETURN………………………………………42•DU PONT ANALYSIS……………………………………………..43INTERCOMPANY ANALYSIS…………………………………………….48•TATA MOTORS V/S ASHOK LEYLAND……………………….48ANNEXURE I (TATA MOTORS FINANCIAL RATIOS)…………………54ANNEXURE II (ASHOK LEYLAND FINANCIAL RATIOS)…………….55REFERENCES ………………………………………………………………57ACKNOWLEDGEMENTSSeveral people have been instrumental in allowing this project to be completed. First and foremost we would like to thank Dr. D. V. Ramana, Professor Financial Accounting, Xavier Institute of Management, Bhubaneswar for his constant encouragement and guidance throughout the duration of this project. He is responsible for instilling a passion for Financial Accounting in us and explaining the concepts in a very simplified and lucid manner. Last but not the least, this project would have been incomplete but for the timely support of some of batch mates who have been very co-operative and helped me whenever required.

EXECUTIVE SUMMARYThis project makes an attempt to present the complete Financial Statement Analysis of Tata Motors for the last three consecutive years. The Macro Environment in which...