Annual report - Bajaj Auto Limited

Annual report - ratio analysis

1. ANNUAL REPORT BAJAJ AUTO LIMITED Presented by - Sachin Rai

2. Director s report - The directors present annual report and the audited statements of accounts for the year ended 31 March 2011  The highlights are as under:-  Units 2009 - 10 2010 - 11  Two-wheelers 25,11,643 33,87,070  Three wheelers 3,40,937 4,36,884   Total 28,52,580 38,23,954  Of which Exports 8,91,002 12,03,718  

3. Cont…. Dividend - Dividend paid for the year ended 31 March 2010 was Rs.22 per share but for the year ended 31 march 2011 the dividend for their shareholders is Rs 40 per share. Capacity Expansion – The company plans to maintain the capacity of two and three-wheelers at the current level of 5,040,000 numbers per annum during the year ending 31 March 2012. New Projects – The 4 wheel vehicle development work is under progress and commercial launch of the first product from this platform is scheduled for 2012.

4. Ratio analysis- Current Ratio = current assets/current liabilities = 1682.95/2426.65 = 0.69   Net Profit Ratio = ( Net profit/net sales) = (3339.78/15998.12)×100 = 20.87 %   Stock Working Capital Ratio = stock/working capital = 317.59/ 69.86 = 4.54 %  

5. Cont……. Gross Profit Ratio = (Gross profit/Net Sales)×100 = (3626.20/15998.12)×100 = 22.67 %   Expenses Ratio = ( Expenses/Net Sales)×100   = (13365.20/15998.20)×100   = 83.5%

6. Ratio Analysis - Gross profit margin is decrease in year 2011 as compare to 2010 because the cost of goods sold is high. Net profit margin is increase in 2011 as compare to 2010 because the net income is increase in 2011. Current ratio is increase in 2011 as compare to 2010 because the total assets is increase with respect to total liabilities. Dividend per share is increase in 2011 because the profit is increase in year 2011. Debt equity ratio is decrease in 2011 because the shareholders equity is increase as compare to total liabilities.

7. Conclusion - Annual report is a detail information of the financial condition of the company. Annual report includes profit & loss account, balance sheet and cash flow statements of the company. The annual accounts of the subsidiary companies and the related detailed information will be made available to the members of the company and its subsidiary companies, seeking such information at any point of time.

8. THANK YOU