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Hpcl Financial Analysis

Autor:   •  October 30, 2017  •  Case Study  •  6,963 Words (28 Pages)  •  620 Views

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  1. ACKNOWLEDGEMENT

The completion of this Project would have been impossible without the material and moral support from various people. It is my obligation, therefore to extend my gratitude to each of them.

I am greatly indebted to Ms. Nimmy Thomas, Deputy Manager, Finance for her effective supervision, dedication and support towards the completion of this project. I also express my sincere gratitude to Mr. N Srikanth, Chief Manager, Finance for his mentoring and guidance throughout the project. I am also thankful to all other staff members of HPCL South Zone office, Chennai, for their support.

It’s my great pleasure to thank Dr. Sudhir Jaiswall, Guest Faculty, Finance and Control group, Indian Institute of Management, Calcutta, who has shown a keen interest in clarifying my various doubts, swiftly responding to all my queries.  

I am also thankful to the Placement committee of my institute, Indian Institute of Management, Bodhgaya, for giving me an opportunity to do this internship for the partial fulfillment of the requirements for the award of the degree of Post Graduate Programme in Management.


  1. ABSTRACT

The purpose of this report is to summarize my summer internship project, done in partial fulfillment of the requirements for the award of the degree of Post Graduate Programme in Management, from Indian Institute of Management, Bodh Gaya. The Internship is done at Hindustan Petroleum Corporation Limited (HPCL), Zonal Office, South Zone, Chennai from 3rd April to 2nd June 2017.

In this report, various financial ratio analysis is done for three major Public sector petroleum companies in India, namely, Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL), and Indian Oil Corporation Limited (IOCL). The data from FY 2012-13 to FY 2015-16 is used for the analysis. Common Size Statement and Horizontal Analysis is prepared for each of the three companies to find out the trend over the period. Also, various ratios are calculated, namely liquidity ratios, leverage ratios, activity ratios, profitability ratios and valuation ratios, to analyze both intra and inter-company variations. Du Pont analysis is also done for all the three companies to have a deeper understanding of the Return on Equity values over the years.  


3. TABLE OF CONTENTS

  1. Acknowledgment                                                                                2
  2. Abstract                                                                                        3
  3. Table of Contents                                                                                4
  4. HPCL – Introduction                                                                                5
  1. Financial Performance Analysis                                                        “        
  1. Trend Analysis                                                                        “
  2. Vertical Analysis                                                                “        
  1. BPCL – Introduction                                                                                6        
  1. Financial Statement Analysis                                                                “        
  1. Trend Analysis                                                                        “
  2. Vertical Analysis                                                                “
  1. IOCL – Introduction                                                                                7        
  1. Financial Statement Analysis                                                                “
  1. Trend Analysis                                                                        “
  2. Vertical Analysis                                                                “        
  1. Liquidity Ratio Analysis                                                                        8
  1. Cash Ratio                                                                                “
  2. Quick Ratio                                                                                9
  3. Current Ratio                                                                                “
  4. Inventory to Working Capital Ratio                                                        10
  1. Solvency Ratio Analysis                                                                        11        
  1. Debt to Asset Ratio                                                                        “
  2. Debt to Equity Ratio                                                                        12
  3. Equity Ratio                                                                                “
  1. Efficiency Ratio Analysis                                                                        13        
  1. Asset Turnover Ratio                                                                        “
  2. Inventory Turnover Ratio                                                                14
  3. Fixed Assets Turnover Ratio                                                                “
  1. Profitability Ratio Analysis                                                                        15        
  1. Return on Assets                                                                        “
  2. Return on Equity                                                                        16
  3. Gross Profit Margin                                                                        “
  4. Net Profit Margin                                                                        17
  5. Operating Profit Margin                                                                “
  1. Valuation Ratio Analysis                                                                        18
  1. Earnings Per Share                                                                        “
  2. Dividend Per Share                                                                        “        
  1. Du Pont Analysis                                                                                19        
  2. Bibliography                                                                                        20
  3. Disclaimer                                                                                        21                                                                                                        

                                                                                        

4. HPCL: INTRODUCTION                                                                                                                                                                                           

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  1. FINANCIAL PERFORMANCE ANALYSIS

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5. BPCL: INTRODUCTION                                                                                                                                                         

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