Dlf-Sobha Report
Financial Reporting Analysis Project
A report submitted in fulfillment of the project for
Financial Reporting & Analysis (FRA)
8 Jun 2012
Table of Contents
Executive summary ......................................................................................................................... 2
Industry overview ............................................................................................................................ 3
Firms studied ................................................................................................................................... 5
DLF Limited ................................................................................................................................ 5
Sobha Developers ........................................................................................................................ 5
Chapter 1: Sales Trend Analysis ..................................................................................................... 6
Chapter 2: Dupont Analysis & Profitability.................................................................................... 7
Extended Dupont analysis ............................................................................................................... 8
Chapter 3: Cost Structure ................................................................................................................ 8
Chapter 4: Liquidity ...................................................................................................................... 10
Chapter 5: Liabilities ..................................................................................................................... 12
Chapter 6: Firm’s Stock analysis .................................................................................................. 13
Chapter 7: Cash Flow Analysis ..................................................................................................... 14
A report submitted in fulfillment of the project for
Financial Reporting & Analysis (FRA)
8 Jun 2012
Table of Contents
Executive summary ......................................................................................................................... 2
Industry overview ............................................................................................................................ 3
Firms studied ................................................................................................................................... 5
DLF Limited ................................................................................................................................ 5
Sobha Developers ........................................................................................................................ 5
Chapter 1: Sales Trend Analysis ..................................................................................................... 6
Chapter 2: Dupont Analysis & Profitability.................................................................................... 7
Extended Dupont analysis ............................................................................................................... 8
Chapter 3: Cost Structure ................................................................................................................ 8
Chapter 4: Liquidity ...................................................................................................................... 10
Chapter 5: Liabilities ..................................................................................................................... 12
Chapter 6: Firm’s Stock analysis .................................................................................................. 13
Chapter 7: Cash Flow Analysis ..................................................................................................... 14
References: [1] Annual reports of DLF & Sobha Developers for years 2006-2011 [2] www.dlf.in and http://www.sobhadevelopers.com/ [3] Financial Accounting: A Managerial perspective 4th Ed: R Narayanaswamy 21