Cement Industry

Powerful Essays
ANALYSIS OF CEMENT INDUSTRIES
FINANCIAL REPORTING & ANALYSIS

Submitted to
Dr. Madhumita Chakraborty

Submitted by
Section C - Group 5
Prakash Prabu M (PGP28120)
Mohammed SaadSalmaan (PGP28121)
Aditi Agarwal (PGP28122)
Preksha Agarwal (PGP28134)
Sireesha Yakkali (PGP28135)
Aditi Bhura (PGP28148)
Nikhar Bhatia (PGP28167)

Table of Contents

1. Industry Analysis 4 2. Cost Structure 7 3. Accounting Policy 8 3.1 Fixed Assets & Depreciation Policy 8 ACC Cements 8 India Cements 9 UltraTech Cement 10 3.2 Inventory Valuation Policy 10 ACC Cement 10 UltraTech Cement 11 India Cement 11 3.3 Revenue Recognition 11 ACC Cement 11 India Cement 11 UltraTech Cement 12 4. Profitability Ratios 12 4.1 Net Profit Margin 12 4.2 Operating Profit Margin 13 5. Return Ratios 14 5.1 Return on Equity 14 5.2 Return on Capital Employed 16 6. Efficiency Ratio 17 6.1 Asset Turnover Ratio 17 6.2 Inventory Turnover Ratio 18 6.3 Debtors Turnover Ratio 19 6.4 Creditors Turnover Ratio 20 7. Liquidity Ratios 21 7.1 Current Ratio 21 7.2 Quick Ratio 22 8. Solvency Ratio 24 8.1 Debt to Equity Ratio 24 8.2 Interest Coverage Ratio 25 9. Cash Conversion Cycle 26 10. DuPont Analysis 27 11. Cash Flow Statement Analysis 28

1. Industry Analysis

The Indian cement industry is the 2nd largest market after China. It had a total capacity of about 300 m tons (MT) as of financial year ended 2010-11. Consolidation has taken place with the top three players alone controlling almost 35% of the capacity. However, the balance capacity still remains quite fragmented.
Despite the fact that the Indian cement industry has grown at a commendable rate in the last decade, registering a growth of nearly 9% to 10%, the per capita consumption still remains substantially poor when compared with the world average. While China registered the highest per capita cement consumption in 2010 of about 1,380 kg, India

You May Also Find These Documents Helpful

  • Powerful Essays

    Cement Industry

    • 6792 Words
    • 28 Pages

    was born from the trifurcation of the Saigol group of companies and is a reputable and leading manufacturer of textiles and cement. KMLG comprises of Kohinoor Textile Mills limited (KTML) and Maple Leaf Cement factory limited (MLCF). Both companies are incorporated in Pakistan and are listed on three stock exchanges of the country. Maple Leaf Cement is the third largest cement factory in Pakistan. It was set up in 1956 as a joint collaboration between the West Pakistan Industrial Development Corporation…

    • 6792 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    Cement Industry

    • 838 Words
    • 4 Pages

    Self-sufficiency in cement Sarwar A Chowdhury It is hard to pinpoint where and when the uses of cement were first discovered, or who invented it. Some say it was in ancient Rome, where engineers first used concrete made from volcanic rock and ground brick or pottery. Now, in modern times, concrete is a composite construction material composed of cement and other materials. Regardless of when the use of cement began, cement has become the major construction material for many centuries in the world…

    • 838 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Cement Industries

    • 3052 Words
    • 13 Pages

    Outline 1. Introduction…………………………………………………………………2 2. Impact Of Technology On Construction………………………..3 3. I&CT Impact on Construction……………………………………….10 4. Direction of Future Technology……………………………………15 5. Construction Benefits of technology…………………………….19 6. Conclusion……………………………………………………………………19 7. References…………………………………………………………………….21 1. Introduction…

    • 3052 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    Cement Industry

    • 4478 Words
    • 18 Pages

    PGDBA BATCH - 5 ASSIGNMENT - MARKETING MANAGEMENT CREATIVE ADVERTISING (PROCESS & EXAMPLE) Submitted by: Kaushik Banerjee Hitesh Akarte Dileep Nair Rajesh Verma Taher Paperwala Gokul Vishnu Submitted to: Dr Rajesh Panda Submitted on: 10th January 2013 EXECUTIVE SUMMARY In today’s world of rapidly increasing competition, firms are selling goods and services through a variety of direct and indirect channels. In mass advertising, marketers are exploring new forms of communication…

    • 4478 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Indian Cement Industry Analysis 4 3. Aditya Birla Group 9 4. Ultra Tech Cement 14 5. Conclusion 19 6. Bibliography 20 Figures 1. Cement Demand Drivers 5 2. Hindalco Net Sales 11 3. Birla Nuvo Consolidated Revenues 12 4. Birla Nuvo Revenue Mix 12 5. Ultra Tech Net Earnings 16 6. Ultra Tech Net Worth 16 7. Movement of Share Prices of Ultra Tech 17 Tables 1. Cement Dispatch…

    • 4517 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Cement Industry of Pakistan

    • 2643 Words
    • 11 Pages

    | 2010 | | THE CEMENT INDUSTRY OF PAKISTAN | | | | | ECONOMICS TERM REPORT PRESENTED TO: DR. MUHAMMAD NISHAT GROUP MEMBERS (BBA I-III): SOHAIB BIN SHAHID FAIZAN AHMAD KHAN UMER FARIQ SARA PERVEZ AMNA FATIMA TABLE OF CONTENTS 1. OVERVIEW Page 3-6 2. ISSUES FACED BY PAKISTAN CEMENT INDUSTRY 3.1. Growth…

    • 2643 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    bangladesh cement industry

    • 2033 Words
    • 9 Pages

    BBA in Eastern University hereby declare that we have completed my project on Bangladesh Cement Industry in the academic year of 2013-14. The information submitted is true and in the best of our knowledge. Sincerely, Shams Bin Nafiz Letter of Transmittal I, pursuing BBA in Eastern University hereby declare that we have completed my project on Bangladesh Cement Industry in the academic year of 2013. The information submitted is true and in the best of my knowledge…

    • 2033 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Pakistan Cement Industry

    • 375 Words
    • 2 Pages

    PAKISTAN CEMENT INDUSTRY Sr No. | Company Name | Clinker ProductionCapacity(TPD) | No. of Kilns | Year of Commissioning | Main Plant Supplier | 1 | Askari Cement Ltd - Wah Askari Cement – Nizampur (Line 1) (Line 2) | 350020003000 | 111 | 199719962003 | F.L. Smidth & Co. Denmark TCDRI, CBMC. ChinaTCDRI, CBMC. China | 2 | Fauji Cement Company Ltd (Line 1)…

    • 375 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Evaluating Cement Industry

    • 1570 Words
    • 7 Pages

    THE CEMENT INDUSTRY –PORTER’S MODEL The model of the Five Competitive Forces was developed by Michael E. Porter in his book “Competitive Strategy: Techniques for Analysing Industries and Competitors” in 1980. Since that time it has become an important tool for analysing an organizations industry structure in strategic processes. Porter's Five Forces Model is probably the most widely used tool in business strategy. Porter has identified five competitive forces that shape every industry and…

    • 1570 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Cement Cement is a binder, a substance that sets and hardens independently, and can bind other materials together. The word "cement" traces to the Romans, who used the term opus caementicium to describe masonry resembling modern concrete that was made from crushed rock with burnt lime as binder. The volcanic ash and pulverized brick additives that were added to the burnt lime to obtain a hydraulic binder were later referred to as cementum, cimentum, cäment, and cement. Cements used in construction…

    • 2719 Words
    • 11 Pages
    Good Essays