History and turnover of Wipro India Essay

Wipro is a major concern constitution in India. It deals chiefly in package merchandises and related services. It is ranked as 1102 company in 2008 Forbes Global 2000 list. It is regarded as a taking supplier of incorporate concern procedure and technological solutions. Wipro Technologies has been runing on a planetary footing. It has been rated as largest independent supplier of research and development services. It earns more than half a billion dollars through research and development services. It is besides counted as being one among three taking offshore BPO services supplier. Headquarters of Wipro is located at Bangalore, India.

History:

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Wipro was established in 1947. It was a vegetable oil company to get down with and was created from an oil factory established by male parent of Azim Premji, present Chairman and CEO of Wipro. It subsequently ventured into consumer goods in 1966 under Azim Premji ‘s leading as Wipro Ltd. In 1975 Wipro Fluid Power was set up to do pneumatic cylinders and hydraulic cylinders.

Head office:

The corporate office and caput office is located in Bangalore, India.

Branchs ( In India )

Bangalore

Mysore

Calcuttas

Madras

Secunderabad

New Delhi

Bhopal

Jaipur

Chandigarh

Lucknow

Pondicherry

Cochin

Bombay

Pune

Branchs ( In other states )

United arab republic

Taiwan

UAE ( Dubai, Sharjah )

Hong Kong

Australia ( Sydney, Melbourne )

Singapore

Malaya

( Kuala Lumpur )

Saudi Arabia ( Al Khobar, Riyadh )

Overall figure of employees:

Wipro had 67,818 employees as of March 31, 2007 on its axial rotations including 50,354 employees in IT Services concern and 17,464 employees in BPO concern. This represents a net add-on of 14,076 people comprised of 12,699 in IT Services concern and 1,377 people in BPO concern for the twelvemonth.

Employee turnover:

Wipro Ltd has announced the standalone Results for the one-fourth ended on 30-JUN- 2009. The Net Gross saless was at Rs. 528790 lacs for one-fourth stoping on 30-JUN-2009 against Rs. 529890 lacs for the one-fourth stoping on 31-MAR-2009. The Net Net income / ( Loss ) were at Rs. 119790 lacs for the one-fourth stoping on 30-JUN-2009 against Rs. 84210 lacs for the one-fourth stoping on 31-MAR-2009. The Amalgamate Net Gross saless was at Rs. 628910 lacs for one-fourth stoping on 30-JUN- 2009 against Rs. 648210 lacs for the one-fourth stoping on 31-MAR-2009. The Amalgamate Net Net income / ( Loss ) were at Rs. 101550 lacs for the one-fourth stoping on

30-JUN-2009 against Rs. 101000 lacs for the one-fourth stoping on 31-MAR-2009. The stock closed the twenty-four hours at Rs.458.70, down by Rs.1.20 or 0.26 % . The stock hit an intraday high of Rs.470.80 and low of Rs.455.

The sum traded measure was 1959514 at an mean monetary value of Rs 462.30 ensuing In a turnover of Rs 9058.83 hundred thousand.

What are Fiscal Statements?

AA fiscal statementA ( orA fiscal study ) is a formal record of the fiscal activities of a concern, individual, or other entity.

For a concern endeavor, all the relevant fiscal information, presented in a structured mode and in a signifier easy to understand, are called the fiscal statements. They typically include four basic fiscal statements, accompanied by aA direction treatment and analysis: [ 1 ]

Balance sheet: besides referred to as statement of fiscal place or status, studies on a company’sA assets, A liabilities, and Ownership equityA at a given point in clip.

Income statement: besides referred to as Net income and Loss statement ( or a “ P & A ; L ” ) , reports on a company ‘s income, disbursals, and net incomes over a period of clip. Net income & A ; Loss history provide information on the operation of the endeavor. These include sale and the assorted disbursals incurred during the processing province.

Statement of maintained net incomes: explains the alterations in a company ‘s maintained net incomes over the coverage period.

Statement of hard currency flows: studies on a company ‘s hard currency flow activities, peculiarly its operating, puting and funding activities.

Balance sheet of the company:

Balance Sheet of Wipro

in Rs. Cr.

A

Mar ’09

Mar ’10

A

12 mths

12 mths

A

A

A

Beginnings Of Fundss

A

Entire Share Capital

293

293.6

Equity Share Capital

293

293.6

Share Application Money

1.5

1.8

Preference Share Capital

0

0

Militias

12,220.50

17,396.80

Reappraisal Militias

0

0

Networth

12,515.00

17,692.20

Secured Loans

0

0

Unbarred Loans

5,013.90

5,530.20

Entire Debt

5,013.90

5,530.20

Entire Liabilitiess

17,528.90

23,222.40

A

Mar ’09

Mar ’10

A

A

A

A

12 mths

12 mths

A

A

A

Application Of Fundss

A

Gross Block

5,743.30

6,761.30

Less: Accum. Depreciation

2,563.70

3,105.00

Net Block

3,179.60

3,656.30

Capital Work in Advancement

1,311.80

991.1

Investings

6,895.30

8,966.50

Inventories

459.6

606.9

Assorted Debtors

4,446.40

4,754.70

Cash and Bank Balance

1,902.10

1,938.30

Entire Current Assets

6,808.10

7,299.90

Loans and Progresss

4,202.00

5,519.40

Fixed Deposits

2,507.10

3,726.00

Entire CA, Loans & A ; Progresss

13,517.20

16,545.30

Deffered Recognition

0

0

Current Liabilitiess

5,564.30

4,706.00

Commissariats

1,810.70

2,230.80

Entire CL & A ; Commissariats

7,375.00

6,936.80

Net Current Assetss

6,142.20

9,608.50

Assorted Expenses

0

0

Entire Assetss

17,528.90

23,222.40

A

A

A

Contingent Liabilitiess

1,045.40

778

Book Value ( Rs )

85.42

120.49

. — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

Net income and Loss history of the company:

Net income & A ; Loss history of Wipro

in Rs. Cr.

A

Mar ’09

Mar ’10

A

A

12 mths

12 mths

A

Income

A

Gross saless Employee turnover

21,612.80

23,006.30

Excise Duty

105.5

84.3

Net Gross saless

21,507.30

22,922.00

OtherA Income

-480.4

875.3

Stock Adjustments

-3.8

111

TotalA Income

21,023.10

23,908.30

Outgo

A

Natural Materials

3,438.80

4,140.40

Power & A ; Fuel Cost

154

141.4

Employee Cost

9,249.80

9,062.80

Other Fabrication Expenses

1,687.80

2,071.80

Selling and Admin Expenses

1,523.00

1,475.10

Assorted Expenses

691.4

640

Preoperative Exp Capitalised

0

0

Entire Expenses

16,744.80

17,531.50

A

Mar ’09

Mar ’10

A

A

12 mths

12 mths

A

Operating Net income

4,758.70

5,501.50

PBDIT

4,278.30

6,376.80

Interest

196.8

108.4

PBDT

4,081.50

6,268.40

Depreciation

533.6

579.6

Other Written Off

0

0

Net income Before Tax

3,547.90

5,688.80

Extra-ordinary points

0

0

PBT ( Post Extra-ord Items )

3,547.90

5,688.80

Tax

574.1

790.8

Reported Net Net income

2,973.80

4,898.00

Entire Value Addition

13,306.00

13,391.10

PreferenceA Dividend

0

0

EquityA Dividend

586

880.9

CorporateA DividendA Tax

99.6

128.3

PerA shareA informations ( annualised )

A

Shares in issue ( hundred thousand )

14,649.81

14,682.11

Gaining PerA ShareA ( Rs )

20.3

33.36

EquityA DividendA ( % )

200

300

Book Value ( Rs )

85.42

120.49

What is Comparative Analysis?

It is Item by itemA comparisonA of two or more comparable ( seeA comparison analysis ) options, procedures, A merchandises, A makings, A setsA ofA informations, A systems, etc. InA accounting, for illustration, A changesA in aA fiscal statement’sA points over severalA accounting periodsA may be presented together to observe the emergingA trendsA in theA firm’sA operationsA andA consequences.

Comparative income statement or comparative comparative statement of net income and loss can be calculated by the undermentioned expression:

Percentage alteration = absolute change/figures of old twelvemonth *100

Comparative Balance Sheet:

Comparative Balance sheet

in Rs. Cr.

alteration in

% alteration in

A

Mar ‘2009

Mar ‘2010

2010-09

2010-09

A

12 mths

12 mths

A

A

A

Beginnings Of Fundss

A

Entire Share Capital

293

293.6

0.6

0.20 %

Equity Share Capital

293

293.6

0.6

0.20 %

Share Application Money

1.5

1.8

0.3

20.00 %

Preference Share Capital

0

0

0

0.00 %

Militias

12,220.50

17,396.80

5176.3

42.36 %

Reappraisal Militias

0

0

0

0.00 %

Networth

12,515.00

17,692.20

5177.2

41.37 %

Secured Loans

0

0

0

0.00 %

Unbarred Loans

5,013.90

5,530.20

516.3

10.30 %

Entire Debt

5,013.90

5,530.20

516.3

10.30 %

Entire Liabilitiess

17,528.90

23,222.40

5693.5

32.48 %

A

Mar ’09

Mar ’10

A

A

A

A

12 mths

12 mths

A

A

A

Application Of Fundss

A

Gross Block

5,743.30

6,761.30

1,018.00

17.73 %

Less: Accum. Depreciation

2,563.70

3,105.00

541.30

21.11 %

Net Block

3,179.60

3,656.30

476.70

14.99 %

Capital Work in Advancement

1,311.80

991.1

-320.70

-24.45 %

Investings

6,895.30

8,966.50

2,071.20

30.04 %

Inventories

459.6

606.9

147.30

32.05 %

Assorted Debtors

4,446.40

4,754.70

308.30

6.93 %

Cash and Bank Balance

1,902.10

1,938.30

36.20

1.90 %

Entire Current Assets

6,808.10

7,299.90

491.80

7.22 %

Loans and Progresss

4,202.00

5,519.40

1,317.40

31.35 %

Fixed Deposits

2,507.10

3,726.00

1,218.90

48.62 %

Entire CA, Loans & A ; Progresss

13,517.20

16,545.30

3,028.10

22.40 %

Deffered Recognition

0

0

0.00

0.00 %

Current Liabilitiess

5,564.30

4,706.00

-858.30

-15.43 %

Commissariats

1,810.70

2,230.80

420.10

23.20 %

Entire CL & A ; Commissariats

7,375.00

6,936.80

-438.20

-5.94 %

Net Current Assetss

6,142.20

9,608.50

3,466.30

56.43 %

Assorted Expenses

0

0

0.00

0.00 %

Entire Assetss

17,528.90

23,222.40

5,693.50

32.48 %

A

A

A

Comparative Balance Sheet Analysis:

The comparative balance sheet analysis show that the equity portion capital of the company is increase by 0.20 % in 2010.that is good wellness for the company.

Share application money is increase by 20 % in 2010 this is good for the company. Reserve and excess of the company is addition this is the good wellness for the company because whenever the company have require the capital so company can utilize it.

The investing of the company is increase by 30 % in the twelvemonth 2010 this is good for the company and by this company can increase his capital.

The entire net current assets of the company is increase by 56 % this is good wellness for the company.

Share and Bank balance is decrease that is non good for the company because by this the worth and good will of the company is lessenings.

Comparative Analysis of Profit & A ; Loss Account:

Net income & A ; Loss history of Wipro

in Rs. Cr.

Change in

% alteration in

A

Mar ’09

Mar ’10

2010-09

2010-09

A

A

12 mths

12 mths

A

Income

A

Gross saless Employee turnover

21,612.80

23,006.30

1,393.50

6.45 %

Excise Duty

105.5

84.3

-21.20

-20.09 %

Net Gross saless

21,507.30

22,922.00

1,414.70

6.58 %

OtherA Income

-480.4

875.3

1,355.70

-282.20 %

Stock Adjustments

-3.8

111

114.80

-3021.05 %

TotalA Income

21,023.10

23,908.30

2,885.20

13.72 %

Outgo

A

Natural Materials

3,438.80

4,140.40

701.60

20.40 %

Power & A ; Fuel Cost

154

141.4

-12.60

-8.18 %

Employee Cost

9,249.80

9,062.80

-187.00

-2.02 %

Other Fabrication Expenses

1,687.80

2,071.80

384.00

22.75 %

Selling and Admin Expenses

1,523.00

1,475.10

-47.90

-3.15 %

Assorted Expenses

691.4

640

-51.40

-7.43 %

Preoperative Exp Capitalised

0

0

0.00

0.00 %

Entire Expenses

16,744.80

17,531.50

786.70

4.70 %

A

Mar ’09

Mar ’10

A

A

12 mths

12 mths

A

Operating Net income

4,758.70

5,501.50

742.80

15.61 %

PBDIT

4,278.30

6,376.80

2,098.50

49.05 %

Interest

196.8

108.4

-88.40

-44.92 %

PBDT

4,081.50

6,268.40

2,186.90

53.58 %

Depreciation

533.6

579.6

46.00

8.62 %

Other Written Off

0

0

0.00

0.00 %

Net income Before Tax

3,547.90

5,688.80

2,140.90

60.34 %

Extra-ordinary points

0

0

0.00

0.00 %

PBT ( Post Extra-ord Items )

3,547.90

5,688.80

2,140.90

60.34 %

Tax

574.1

790.8

216.70

37.75 %

Reported Net Net income

2,973.80

4,898.00

1,924.20

64.71 %

Entire Value Addition

13,306.00

13,391.10

85.10

0.64 %

PreferenceA Dividend

0

0

0.00

0.00 %

EquityA Dividend

586

880.9

294.90

50.32 %

CorporateA DividendA Tax

99.6

128.3

28.70

28.82 %

PerA shareA informations ( annualised )

A

Shares in issue ( hundred thousand )

14,649.81

14,682.11

32.30

0.22 %

Gaining PerA ShareA ( Rs )

20.3

33.36

13.06

64.33 %

EquityA DividendA ( % )

200

300

100.00

50.00 %

Book Value ( Rs )

85.42

120.49

35.07

41.06 %

Interpretation of Comparative Analysis of Profit & A ; Loss Account:

In this comparative analysis of net income and loss history shows that the gross revenues turnover in addition it show positive agencies it is good for the company. Employee cost is decrease and disbursals are the addition, and assorted disbursals are besides lessenings and net sale of the company is additions.

WHAT IS Common SIZE ANALYSIS?

AnA income statement in which each accountA isA expressed as a per centum ofA theA value ofA gross revenues. This type of fiscal statement can be used toA allow for easy analysis between companiesA or betweenA clip periods of aA company.A Common size income statement analysis allows an analyst to find how the assorted constituents of the income statement affect a company ‘s net income.

Following are the expression used to cipher common size:

Formula based on common size income statement:

Common size income statement = single items*100

Formula based on common size balance sheet:

Common size balance sheet = single assets/liabilities*100

Common Size Balance Sheet Analysis:

Common size Balance sheet

in Rs. Cr.

A

Mar ‘2009

Mar ‘2010

2009

2010

A

12 mths

12 mths

A

A

A

Beginnings Of Fundss

A

Entire Share Capital

293

293.6

1.67 %

1.26 %

Equity Share Capital

293

293.6

1.67 %

1.26 %

Share Application Money

1.5

1.8

0.01 %

0.01 %

Preference Share Capital

0

0

0 %

0.00 %

Militias

12,220.50

17,396.80

69.72 %

74.91 %

Reappraisal Militias

0

0

0 %

0.00 %

Networth

12,515.00

17,692.20

71.40 %

76.19 %

Secured Loans

0

0

0 %

0.00 %

Unbarred Loans

5,013.90

5,530.20

28.60 %

23.81 %

Entire Debt

5,013.90

5,530.20

28.60 %

23.81 %

Entire Liabilitiess

17,528.90

23,222.40

100 %

100.00 %

A

Mar ’09

Mar ’10

A

A

A

A

12 mths

12 mths

A

A

A

Application Of Fundss

A

Gross Block

5,743.30

6,761.30

32.76 %

29.12 %

Less: Accum. Depreciation

2,563.70

3,105.00

14.63 %

13.37 %

Net Block

3,179.60

3,656.30

18.14 %

15.74 %

Capital Work in Advancement

1,311.80

991.1

7.48 %

4.27 %

Investings

6,895.30

8,966.50

39.34 %

38.61 %

Inventories

459.6

606.9

2.62 %

2.61 %

Assorted Debtors

4,446.40

4,754.70

25.37 %

20.47 %

Cash and Bank Balance

1,902.10

1,938.30

10.85 %

8.35 %

Entire Current Assets

6,808.10

7,299.90

38.84 %

31.43 %

Loans and Progresss

4,202.00

5,519.40

23.97 %

23.77 %

Fixed Deposits

2,507.10

3,726.00

14.30 %

16.04 %

Entire CA, Loans & A ; Progresss

13,517.20

16,545.30

77.11 %

71.25 %

Deffered Recognition

0

0

0.00 %

0.00 %

Current Liabilitiess

5,564.30

4,706.00

31.74 %

20.26 %

Commissariats

1,810.70

2,230.80

10.33 %

9.61 %

Entire CL & A ; Commissariats

7,375.00

6,936.80

42.07 %

29.87 %

Net Current Assetss

6,142.20

9,608.50

35.04 %

41.38 %

Assorted Expenses

0

0

0.00 %

0.00 %

Entire Assetss

17,528.90

23,222.40

100 %

100 %

A

A

A

Common Size Balance Sheet Analysis:

Harmonizing to the Common size Balance sheet of WIPRO company, the equity portion capital and portion application money and penchant portion capital are addition that is the good for the company. Because they are shown good place of the company for the investors and clients.

Unbarred loans are addition from 2009 to 2010 this is non satisfactory for the company because when load of loans are addition so the company ‘s liability will be addition.

Current assets, loan. & A ; progresss is addition of the company that is show that the worth of the company is addition. Reserve and excess of the company is addition this is the good wellness for the company because whenever the company have require the capital so company can utilize it.

Gross block is increase in 2010 from 2009. The capital work in advancement is decrease from 2009 to 2010 that is non satisfactory for the company. Share and Bank balance is decrease that is non good for the company.

Common Size Profit & A ; Loss history:

Net income & A ; Loss history of Wipro

in Rs. Cr.

A

Mar ‘2009

Mar ‘2010

2009

2010

A

A

12 mths

12 mths

A

Income

A

Gross saless Employee turnover

21,612.80

23,006.30

100.49 %

100.37 %

Excise Duty

105.5

84.3

0.49 %

0.37 %

Net Gross saless

21,507.30

22,922.00

100.00 %

100.00 %

OtherA Income

-480.4

875.3

-2.23 %

3.82 %

Stock Adjustments

-3.8

111

-0.02 %

0.48 %

TotalA Income

21,023.10

23,908.30

97.75 %

104.30 %

Outgo

A

Natural Materials

3,438.80

4,140.40

15.99 %

18.06 %

Power & A ; Fuel Cost

154

141.4

0.72 %

0.62 %

Employee Cost

9,249.80

9,062.80

43.01 %

39.54 %

Other Fabrication Expenses

1,687.80

2,071.80

7.85 %

9.04 %

Selling and Admin Expenses

1,523.00

1,475.10

7.08 %

6.44 %

Assorted Expenses

691.4

640

3.21 %

2.79 %

Preoperative Exp Capitalised

0

0

0.00 %

0.00 %

Entire Expenses

16,744.80

17,531.50

77.86 %

76.48 %

A

Mar ’09

Mar ’10

A

A

12 mths

12 mths

A

Operating Net income

4,758.70

5,501.50

22.13 %

24.00 %

PBDIT

4,278.30

6,376.80

19.89 %

27.82 %

Interest

196.8

108.4

0.92 %

0.47 %

PBDT

4,081.50

6,268.40

18.98 %

27.35 %

Depreciation

533.6

579.6

2.48 %

2.53 %

Other Written Off

0

0

0.00 %

0.00 %

Net income Before Tax

3,547.90

5,688.80

16.50 %

24.82 %

Extra-ordinary points

0

0

0.00 %

0.00 %

PBT ( Post Extra-ord Items )

3,547.90

5,688.80

16.50 %

24.82 %

Tax

574.1

790.8

2.67 %

3.45 %

Reported Net Net income

2,973.80

4,898.00

13.83 %

21.37 %

Entire Value Addition

13,306.00

13,391.10

61.87 %

58.42 %

PreferenceA Dividend

0

0

0.00 %

0.00 %

EquityA Dividend

586

880.9

2.72 %

3.84 %

CorporateA DividendA Tax

99.6

128.3

0.46 %

0.56 %

PerA shareA informations ( annualised )

A

Shares in issue ( hundred thousand )

14,649.81

14,682.11

68.12 %

64.05 %

Gaining PerA ShareA ( Rs )

20.3

33.36

0.09 %

0.15 %

EquityA DividendA ( % )

200

300

0.93 %

1.31 %

Book Value ( Rs )

85.42

120.49

0.40 %

0.53 %

Interpretation of Common Size Profit & A ; Loss history:

In the comparative Analysis of Profit & A ; loss History shows that net sale of the company is addition and entire income of the company is besides addition that is shown that the company is in the good status.The some disbursals like Power and fuel cost is decrease that ‘s why the cost of the production is less. Net income before revenue enhancement is increase and corporate dividend revenue enhancement in besides addition.

WHAT IS TREND ANALYSIS?

Trend analysisA calculates the per centum alteration for one history over a period of clip of two old ages or more.

An facet of proficient analysis that tries to foretell the future motion of a stock based on past informations. Swerve analysis is based on the thought that what has happened in the past gives bargainers an thought of what will go on in the future.A

The undermentioned expression is used to cipher tendency analysis:

Trend ratio = current twelvemonth sum / base twelvemonth amount*100

Trend Analysis of Balance Sheet:

TREND ANALYSIS

in Rs. Cr.

A

Mar ’09

Mar ’10

2009

2010

A

12 mths

12 mths

Beginnings Of Fundss

A

Entire Share Capital

293

293.6

100 %

100.20 %

Equity Share Capital

293

293.6

100 %

100.20 %

Share Application Money

1.5

1.8

100 %

120.00 %

Preference Share Capital

0

0

100 %

0.00 %

Militias

12,220.50

17,396.80

100 %

142.36 %

Reappraisal Militias

0

0

100 %

0.00 %

Networth

12,515.00

17,692.20

100 %

141.37 %

Secured Loans

0

0

100 %

0.00 %

Unbarred Loans

5,013.90

5,530.20

100 %

110.30 %

Entire Debt

5,013.90

5,530.20

100 %

110.30 %

Entire Liabilitiess

17,528.90

23,222.40

100 %

132.48 %

A

Mar ’09

Mar ’10

0.00 %

A

A

A

0.00 %

A

12 mths

12 mths

100 %

0.00 %

A

A

A

0.00 %

Application Of Fundss

A

0.00 %

Gross Block

5,743.30

6,761.30

100 %

117.73 %

Less: Accum. Depreciation

2,563.70

3,105.00

100 %

121.11 %

Net Block

3,179.60

3,656.30

100 %

114.99 %

Capital Work in Advancement

1,311.80

991.1

100 %

75.55 %

Investings

6,895.30

8,966.50

100 %

130.04 %

Inventories

459.6

606.9

100 %

132.05 %

Assorted Debtors

4,446.40

4,754.70

100 %

106.93 %

Cash and Bank Balance

1,902.10

1,938.30

100 %

101.90 %

Entire Current Assets

6,808.10

7,299.90

100 %

107.22 %

Loans and Progresss

4,202.00

5,519.40

100 %

131.35 %

Fixed Deposits

2,507.10

3,726.00

100 %

148.62 %

Entire CA, Loans & A ; Progresss

13,517.20

16,545.30

100 %

122.40 %

Deffered Recognition

0

0

100 %

0.00 %

Current Liabilitiess

5,564.30

4,706.00

100 %

84.57 %

Commissariats

1,810.70

2,230.80

100 %

123.20 %

Entire CL & A ; Commissariats

7,375.00

6,936.80

100 %

94.06 %

Net Current Assetss

6,142.20

9,608.50

100 %

156.43 %

Assorted Expenses

0

0

100 %

0.00 %

Entire Assetss

17,528.90

23,222.40

100 %

132.48 %

A

A

A

Interpretation of Trend Analysis of Balance Sheet:

The beginnings of fund of the company has increased in the current twelvemonth in comparing to the old twelvemonth. The current assets of the company has increased while the loans and progresss given by the company has besides increased. Current liabilities of the company have besides increased.

Trend Analysis of Profit & A ; Loss Account:

Net income & A ; Loss history of Wipro

in Rs. Cr.

in %

in %

A

Mar ’09

Mar ’10

2009

2010

A

A

12 mths

12 mths

A

Income

A

Gross saless Employee turnover

21,612.80

23,006.30

100 %

106.45 %

Excise Duty

105.5

84.3

100 %

79.91 %

Net Gross saless

21,507.30

22,922.00

100 %

106.58 %

OtherA Income

-480.4

875.3

100 %

-182.20 %

Stock Adjustments

-3.8

111

100 %

-2921.05 %

TotalA Income

21,023.10

23,908.30

100 %

113.72 %

Outgo

A

Natural Materials

3,438.80

4,140.40

100 %

120.40 %

Power & A ; Fuel Cost

154

141.4

100 %

91.82 %

Employee Cost

9,249.80

9,062.80

100 %

97.98 %

Other Fabrication Expenses

1,687.80

2,071.80

100 %

122.75 %

Selling and Admin Expenses

1,523.00

1,475.10

100 %

96.85 %

Assorted Expenses

691.4

640

100 %

92.57 %

Preoperative Exp Capitalised

0

0

100 %

0.00 %

Entire Expenses

16,744.80

17,531.50

100 %

104.70 %

A

Mar ’09

Mar ’10

A

A

12 mths

12 mths

A

Operating Net income

4,758.70

5,501.50

100 %

115.61 %

PBDIT

4,278.30

6,376.80

100 %

149.05 %

Interest

196.8

108.4

100 %

55.08 %

PBDT

4,081.50

6,268.40

100 %

153.58 %

Depreciation

533.6

579.6

100 %

108.62 %

Other Written Off

0

0

100 %

0.00 %

Net income Before Tax

3,547.90

5,688.80

100 %

160.34 %

Extra-ordinary points

0

0

100 %

0.00 %

PBT ( Post Extra-ord Items )

3,547.90

5,688.80

100 %

160.34 %

Tax

574.1

790.8

100 %

137.75 %

Reported Net Net income

2,973.80

4,898.00

100 %

164.71 %

Entire Value Addition

13,306.00

13,391.10

100 %

100.64 %

PreferenceA Dividend

0

0

100 %

0.00 %

EquityA Dividend

586

880.9

100 %

150.32 %

CorporateA DividendA Tax

99.6

128.3

100 %

128.82 %

PerA shareA informations ( annualised )

A

Shares in issue ( hundred thousand )

14,649.81

14,682.11

100 %

100.22 %

Gaining PerA ShareA ( Rs )

20.3

33.36

100 %

164.33 %

EquityA DividendA ( % )

200

300

100 %

150.00 %

Book Value ( Rs )

85.42

120.49

100 %

141.06 %

Interpretation of Trend Analysis of Profit & A ; Loss Account:

The gross revenues of the company has increased over the last twelvemonth every bit good as other incomes have besides increased. The outgo on natural stuff and

Power & A ; fuel have besides decreased, selling and administrative disbursals have increased. The net income of the company have besides increased. The equity dividend have besides increased.

WHAT IS RATIO Analysis:

A tool used by persons to carry on a quantitative analysis of information in a company ‘s fiscal statements. Ratios are calculated from current twelvemonth Numberss and are so compared to old old ages, other companies, the industry, or even the economic system to judge the public presentation of the company. Ratio analysis is predominately used by advocates of cardinal analysis.

Different Kind of Ratios:

Liquidity Ratios:

Liquid means the ability of the house to pay its current liabilities. These ratios are used to measure the short term fiscal place of the house. These ratios indicate the house ‘s ability to run into its current duties. These are of two types: –

Current Ratios:

The current ratio is an indicant of a house ‘s market liquidness and ability to run into creditor ‘s demands. If a company ‘s current ratio is in this scope, so it is by and large considered to hold good short-run fiscal strength. If current liabilities exceed current assets ( the current ratio is below 1 ) , so the company may hold jobs run intoing its short-run duties. If the current ratio is excessively high, so the company may non be expeditiously utilizing its current assets or its short-run funding installations. This may besides bespeak jobs in working capital. The regulation of pollex is 2:1.

Formula: CURRENT ASSETS/CURRENT LIABILITIES

Quick Ratio:

A The speedy ratioA measuresA a company’sA ability to meetA its short-run duties withA its most liquid assets. The higher the speedy ratio, A theA better the place of theA company. The regulation of pollex is 1:1.

QUICK RATIO = CURRENT ASSETS-INVENTORIES/CURRENT LIABILITIES

Leverage Ratios:

These ratios are acertain the ability of the house to pay its long-run liabilities in clip. It measures the relationship between external equities and internal equities. It ensures long-run fiscal stableness of the concern.

These are of following three types:

Entire debt ratio-

This ratio shows the relationship between entire assets and entire long term debts of the concern. It determine the extent to which debt is being covered by assets. The regulation of pollex is 2:1.

Entire DEBT RATIO= TOTAL ASSETS/CAPITAL EMPLOYED

Debt Equity Ratio:

This ratio shows the relationship between long term debt and stockholders financess. This ratio indicates the proportion of financess which are acquired by long term adoptions comparision to stockholders financess. The regulation of pollex is 2:1.

DEBT-EQUITY= DEBT/EQUITY

Proprietary Ratios-

This ratio establishess the relationship between stockholders financess to entire assets of the house. It determines long term solvency of the house. The regulation of pollex is 1:1.

PROPRIETARY RATIO= EQUITY/TOTAL ASSETS

Activity Ratios:

These ratios are calculated on the footing of cost of goods sold or gross revenues. Gross saless have direct relationship with the public presentation of concern as higher gross revenues means higher public presentation. These ratios indicate how expeditiously the entire capital, working capital, fixed assets and stock of the concern are productively used.

Inventory turnover ratio-

This ratio helps us to cipher the entire one-year gross revenues or the cost of goods sold divided by the cost of stock list.

Inventory turnover ratio = entire gross revenues or cost of goods sold / stock list

Asset turnover ratio-

Asset turnover measures a house ‘s efficiency at utilizing its assets in bring forthing gross revenues or revenue- the higher the figure the better. It besides indicates pricing scheme: companies with low net income borders tend to hold high plus turnover, while those with high net income borders have low plus turnover.

ASSET TURNOVER= SALES/ NET ASSETS

Profitability Ratios:

These ratios helps in ciphering the net income border of the house. These are used to measure a concern ‘s ability to generateA net incomes as compared toA its disbursals and other relevant costs incurred during a specific period of clip. Some of the profitableness ratios are profit border, return on assets and return on equity, net border etc.

Aims:

To understand the client outlook.

To acquire a deep cognition of the concerned organisation

Wipro company provide highest measure merchandises.

in rapidly bringing rhythms and lower costs.

To analyze the fiscal statements of organisation

Critically analysing the fiscal statements of the organisation

Interpretation of fiscal informations and taking decision out of it

Research methodological analysis:

We use the research methodological analysis to happen out the concealed truth and research the jobs. I have chosen secondary informations for this term paper.

Secondary Datas:

Secondary information was collected through assorted publications of books and diaries, web sites.

Decision:

Survey of the fiscal statements of the company will assist in cognizing the finance place of the company every bit good as its growing or diminution over the past few old ages. In short it will find the overall place of the company.