acc ltd company analysis

8/7/2019 Acc Ltd Company Analysis

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Group 2 Akshat Mallik 1021302

L.Srinivas 1021320

Ranjit Kumar 1021326

Raunak 1021327

Srikanth 1021331

Anna Shaji 1021337Suptha 1021354


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ACC (ACC Limited) formed by F.E Dinshaw in 1936 & is India's

foremost manufacturer of cement and concrete. The largest

cement producer in India.

ACC has a unique track record of innovative research, product

development and specialized consultancy services. The

company's various manufacturing units are backed by a

central technology support services centre - the only one of

its kind in the Indian cement industry.

The management control of company was taken over by Swiss

cement major Holcim in 2004


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Presently, there are around 12 cement plants of ACC Ltdwhich cater to the different market segments of the country

AUDITORS REPORT

DIRECTORS REPORT

FINANCIAL RATIOSS


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RATIO FORMULA STAND

ARD

2009 2008 200

7

2006 200

5Gross

Profit

Margin

Gross Profit/ Net

Sales

20%-

25%

0.2 0.166 0.20

5

0.212 0.168

Asset

Turnover

(PAT/Avg. total

assets)

1.19 1.25 1.26 1.19 0.69

Fixed

Asset

Turnover

Net sales/Avg

Fixed assets

1.19 1.24 1.26 1.72 1.05

EPS Net profit /No.

of Equity shares

85.6 64.63 76.7

5

66.02 30.02


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Ratio Formula Standar

d

2009 2008 2007 2006 2005

Operating

profit

margin

(EBIT/Net

sales) in %

31.9 24.6

6

28.1 29.1 18.2

1


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Ratio Formula Standar

d

2009 2008 2007 2006 2005

Current Ratio Current assets/Current Liabilities

2.0 0.67 0.89 0.86 0.77 0.58

Quick ratio Current assets

inventories/ Current

liabilities

0.42 0.61 0.55 0.61 0.42

Debtor turnover (Net sales/Avg.

Debtors)

31.22 24.1

2

27.4 27.75 16.34

Inventory

turnover

Cost of goods

sold/Avg.

Inventories

25.22 27.5

1

24.85 9.33 5.37

Avg. debt

collection

period

(360/Debtor

turnover)

11.53 14.9

2

13.33 12.97 22.03

Avg. inventory

holding peiod

(360/Inventory

turnover)

14.27 13.0

8

14.48 38.58 67.03

Operating cycle 25.8 28 27.81 51.55 89.0


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Ratio Formula Standard 2009 2008 2007 2006 2005

Debt to

Equity

Ratio

Secured +

Unsecured

Loans/

Shareholders

Equity

0.25

0.33

0.09 0.1 0.07 0.25 0.5

Long term

debt to

equity ratio

Long term

debt/shareholder

s equity

- 0.09 0.1 0.07 0.2 0.39


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Ratio Formula 2009 2008 2007 2006 2005

Dividend

payout ratio

net profit

annual dividends per

share / net income.

31.43 36.2 30.49 26 30.92

Return oncapital

employed

(PBIT/C

apitalemployed) in % 35.8 31.43 39.84 38.35 14.16


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CASH FLOW STATEMENT

(In Crores)

Dec-05 Dec-06 Dec-07 Dec-08 Dec-09

NET BEFORE TAX 405.46 1449.8 1717.1 1687.7 2294.3

Net Cash From Operating Activities 643.84 1421.68 2004.9 1708.33 2397.94

Net Cash (used in)/from Investing activities -181.23 -482.7 -824.3 -1170.44 -2181.22

Net Cash (used in)/from Financing Activities -419.04 -423.42 -1057.29 -297.13 -454.58

Net (decrease)/increase In Cashand Cash

equivalents 43.57 515.56 123.31 240.76 -237.86

Opening Cash & Cash Equivalents 59.22 104.61 620.17 743.48 984.24

Closing Cash & Cash Equivalents 102.79 620.17 743.48 984.24 746.3


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Performance chart


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www.wondershare.com


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acc ltd company analysis

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