Videcon Accounts Ppt

8/3/2019 Videcon Accounts Ppt

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Today the group operates through 4 key sectors:

Consumer Electronics and Home Appliances


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Mr. Venugopal N Dhoot

Mr. Pradipkumar N Dhoot

Mr. K C Srivastava

Mr. Satyapal Talwar

Mr. S Padmanabhan

Maj. Gen. S C N Jatar

Mr. Arun L Bongirwar

Mr. Radhey Shyam Agarwal

Ms. Gunilla Nordstrom (Nominee - AB Electrolux (Publ) )

Mr. Girish Nayak - ICICI Bank Limited

Venugopal N Dhoot(Chairman)


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The Financial Year of the Company was extended by a period of three months. The Financial Year under review

accordingly comprises of a period of 15 months commencing from 1st October, 2009 and ended on 31st December, 2010.

Subsequent Financial Years shall be from 1st January to 31st December.

A snapshot of the performance of the Company, on standalone basis, for theperiod ended on 31st December, 2010, is summarized below:


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42.64

17.3

24.51

0

5

10

15

20

25

30

35

40

45

2008 2009 2010

Earning Per Share

Earning Per Share

EPS = Net Profit After tax/ No. of Equity Shares

EPS measures the profit available to the Equity Shareholders on a per sharebasis, i.e. the amount that they can get on every share held. Profit available toEquity share holder is Net Profit After Taxes & Preference Dividend


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1.19

1.28

1.26

1.14

1.16

1.18

1.2

1.22

1.24

1.26

1.28

1.3

2008 2009 2011

Debt Equity Ratio

Debt Equity Ratio

DEBT EQUITY RATIO = DEBT/EQUITY

The Debt to Equity ratio is the ratio of Debt (liabilities) to the share capital plus

Reserve and surplus. It is also known as Financial Leverage Ratio.

Higher ratio implies greater financial risk (on account of interest payment)


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Management Efficiency Ratios1.Inventory Turnover Ratio:It measures how many times a firm's inventory has beensold during a year. It is found by:

Inventory Turnover Ratio =Cost of Goods Sold/Inventory

Inventory Turnover Ratio for the year 2010 was7.19. (A high ratio is considered good

from the view point of liquidity and vice versa.)

2.Fixed Assets Turnover Ratio:This ratio is used to measure the efficiency with which

fixed assets are employed. A high ratio indicates an efficient use of fixed assets. Generallythis ratio is high when the fixed assets are old and substantially depreciated.

Fixed Assets Turnover Ratio =Net Sales/Average Net Fixed Assets

Fixed Assets Turnover Ratio for the year 2010 was1.51


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1.Current Ratio:It is the most popularly used ratio to judge liquidity of a Firm. It is

defined as the ratio between current assets and current liabilities i.e.

Current Ratio = Current Assets/Current Liabilities

Current ratio for the year 2010 was5.01which implies that for every one rupee ofcurrent liability, current assets of 5.01 rupees are available to meet the obligation.

The higher the currentratio, the more is the firms ability to meet current obligations, andgreater is the safety of funds of short term creditors.

2. Acid-Test Ratio (Quick Ratio):A more rigorous way to ascertain a firm's liquidity is found outby acid-test/quick ratio. Inventory and prepaid expenses are excluded from the current assets,leaving only the more liquid assets to be divided by current liabilities. It is found by:

Acid-Test Ratio = Current Assets - (Inventory + Prepaid Expenses)/CurrentLiabilities.

The quick ratio for the year 2010 was6.19


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10,1059381

14675

15171568

2001

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

2007 2008 2009 2010 2011

Videocon

Mirc Industries

Year

SalesTurnove

r 2392.26

1873.98

2852.2

53.3 56.75 72.110

500

1000

1500

2000

2500

3000

2008 2009 2010

VIDEOCON

MIRC

Year

Amount(inmillion$)


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652

1044

22.65 35.210

200

400

600

800

1000

1200

2009 2010

VIDEOCON

MIRC

Amount(inmillio

ns)

42.64

17.3

24.51

1.33 1.26 1.930

5

10

15

20

25

30

35

40

45

2008 2009 2010

Videocon

Mirc Industries


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To strengthen and maintain & its leadership status, the Videocon group has clearlycharted out its course for the future. Aggressive development is in full swing at theR & D Centres to bring out state-of-the-art technologies including True Flat, Slim,Extra Slim, Plasma & LCDs, at the earliest.

Cost rationalization processes - are in various stages - including rationalizingfactories in Europe, increasing automation and improvement of efficiency in China,accessing flash shells from India for international CPT facilities and a lot more - are

in various stages of implementation.

Internationally all existing client relationships are being strengthened. The costcompetitiveness and increase in capacity in Poland has opened up bigopportunities in the OEM business.

Last but not the least, in the domestic market consolidation with multiple brands

paves the way for an unassailable lead in the market.

In the Oil & Gas business, having all the basic operator capabilities of a prospectingentity, the group is looking to add more explorations and production depth as alsooil bearing assets. The group will also get into gas distribution in India significantly.

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Videcon Accounts Ppt