2011 2012 2013 2014 20150

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current ratioquick ratio

Liquidity ratios

Both the current as well as quick ratio is following an increasing trend except a slight fall in the year 2014. This makes it clear that company is having more and more current assets every year and less current liabilities as compared to previous year which is an indicator of good liquidity position of the

company .On the other hand if the ratios in individual year is analysed, it is seen that the

company maintains a large amount of inventory due to which there is a huge gap

between current ratio and quick ratio but in neither of the years the current ratio is equal

to the ideal ratio.

2011 2012 2013 2014 20150

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debt equity ratio

debt to capital employed ratio

proprietary ratio

Solvency ratios

The chart shows that the debt equity ratio is decreasing which means that company is having

less debt in current year as compared to previous year which is a good sign as it decreases

a fixed financial charge on the company i.e. interest payment. This also leads to decrease in

debt to capital employed ratio which means that out of total money invested in the business, less money is borrowed one which ultimately causes an increase in proprietary ratio. The company is having same equity share capital every year just

the reserves are increasing which means that company is having more profits and is retaining

more of them .

2011 2012 2013 2014 20150

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Total assets to debt ratio

total assets to debt ratio

This ratio shows that how much part of total assets is financed by debt.

High ratio indicates that less of total assets are financed out of debt. As

the value of debt is decreasing every year and ultimately becomes nil so

the ratio is increasing and in the last two years as the value of debt is nil so the ratio cannot be determined s is a

good sign as it indicates that the company is in good solvency position.

2011 2012 2013 2014 20150

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Interest coverage ratio

Interest coverage ratio

This ratio shows that how much profit is available to pay off the interest

payment.

It is increasing every year. This reveals that the company is having enough

profits to pay off interest. The ratio is increasing because the interest payment is decreasing because debt is decreasing

year after year the company is having good solvency position

2011 2012 2013 2014 20150

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Inventory turnover ratioDebtor turnover ratio Total assets turnover ratio

Turnover ratios

Turnover ratios indicate the speed at which the activities of business are performed .Inventory turnover ratio shows number of times inventory is converted into

revenue .this ratio is somewhat same every year and the company is in good position. Debtor turnover ratio shows the number of times debtors are converted into cash. The chart shows that the ratio is decreasing which means that the collection is not speedy. Company must take steps to

cope up with this problem assets turnover ratio is somewhat same every year. It indicates good working

activity of the firm.

2011 2012 2013 2014 20150%

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Gross profit ratio Operating profit ratioNet profit ratio

Profitability ratios

There is a huge difference between gross profit and net profit ratio & operating

profit ratio every year which means that the company is spending a lot on

operating expenses which is leading to fall in the operating profit. So the company

must take some steps to control the operating and non-operating expenses.

2011 2012 2013 2014 20150%

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Return on investment Return on shareholders funds

2011 2012 2013 2014 201576%

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Operating ratio

Operating ratio

Graph 1

Graph 2

Graph 1 shows return on investment. It explains the overall utilisation of funds by a business enterprise. This ratio is decreasing every which indicates that company is not good return on investment and same is the case with return on shareholder funds

Graph 2 shows operating ratio .This ratio indicates all the expenses. This ratio is very high but is decreasing year after year which is a good sign for the company.

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Earning per share Book value

2011 2012 2013 2014 20150

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Dividend payout ratio

Dividend payout ratio

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Graph 4

Graph 3 shows the earning which a shareholder is getting on his share. This is increasing every year which means that the company is in good

financial condition and is getting enough profit which is ultimately leading to good book value of the firm’s share.

Graph 4 shows the dividend pay-out ratio which shows a decreasing trend which means although the company is having enough profits to

pay dividend but it is not paying because it is keeping more as retained earnings in the form of reserves .