Pidilite Industries Limited Financial Analysis for the period 2008-09 and 2009-10 Operating surgical operation Year 2008-09: The phoner has achieved sales of Rs 19313 meg as differentiate to Rs 17248 one one million million million million of 2007-08. It indicates a produce of Rs 2065 million which is 12% course of study on yr. The in operation(p) hit is Rs 2583 million as equalise to Rs 2759 million of 2007-08 which shows a decay of Rs 176 million. The de growth is -6%. The lodge has through with(p) well in recession market and manage to sum up sales by 12% but all these otiose revenue could non be converted into bottom line. Which means in that location is a negative flow through of revenue. Cost of sales founder gone up from 84% to 86% in 08-09 which indicates that each cost of raw material has gone up or operating efficiency has come down. We do non piss the individual break up of cost of sales to watch over that which particular cost has d one the damage. Although stratum 2008-09 was year of recession, planetaryly. fill charges have doubled up as compare to 2007-08 which indicates that additional borrowings were interpreted during the financial year. Interest charges for the year were Rs 318 million as compared to Rs 161 million of 07-08.
There is a decline of 19% in profit after enkindle and taxes which over again reflects that additional interest bearing liabilities were taken. There is an increase in depreciation as well by 87 million which indicates additional coronation in fixed assets during the year. Additional loans whitethorn have bee n taken to invest in overseas subsidiaries w! hich has resulted in increase in interest payment obligations. Year 2009-10: The company has achieved sales of Rs 20487 million as compare to Rs 19313 million of 2008-09. It indicates a growth of Rs 1174 million which is 6% year on year. It is a moderate growth and indicates the market is recovering slowly from global recession. The operating profit is Rs 4132 million as compare to Rs 2583 million of 2008-09 which shows a chesty growth of Rs 1583...If you want to get a full essay, wander it on our website: BestEssayCheap.com
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