Company Introduction 4
Principal Activities: 5
Business Overview: 5
Dairy and Beverages Segment: 6
Ice Cream and Frozen Desserts Segment: 7
Dairy Farm Segment 7
Engro Foods Canada 7
Meat Pilot Project 8
Process Flow Chart & Organogram 8 10
Engro Foods SWOT Analysis 11
Value Addition: 12
Cash Flow and Working Capital Management: 13
Capital Investment, Capital Structure and Finance: 13
Credit Rating: 13
Financial Review: 14 14
Horizontal and Vertical Analysis Balance Sheet: 16
Sales 16
Gross Profit 16
Distribution and Marketing Expenses 16
Administrative Expenses 16
Other Expenses 16
Finance Cost 17
Provision for Taxation 17
Horizontal and Vertical Analysis Income Statement: 17
EQUITY 17
NON-CURRENT LIABILITIES 17
Long-term Finances 17
Deferred Taxation 18
CURRENT LIABILITIES 18
Trade Payables 18
NON-CURRENT ASSETS 18
Property, Plant & Equipment 18
Biological Assets 18
Investment in Subsidiary 18
CURRENT ASSETS 18
Stock-in-trade / Stores & Spares 18
Other Receivables 19
Short-term Investments / Cash 19
Company’s shareholding’s structure 19
Market Trends: 20
Share Price Sensitivity Analysis: 21
Government Actions 22
Energy Supply 22
Plant Operations 22
Commodity Price Volatility 22
Interest Rates & Currency Devaluation 23
Segment Information: 24 25
Segment Analysis 26
Juices and Nectar 26
Porter’s Five Forces Model Juices & Nectar 27
Dairy Farm 28
Porter Five Forces Dairy and Milk 29
Ice Cream – Indulgence Segment 30
Porters Five Forces Ice-Cream 31
Al-Safa Foods 31
Ratio Analysis 33
Competitor analysis 40
Liquidity Ratios 40
Turnover Ratios 41
Leverage ratios 41
Profitability Ratios 42
Upside potential 43
New opportunities 43
1) Ghee and Chees 43
2) Powdered Milk 43
3) Raita and Chilled Dairy 43
Urbanization 43
Access to International Market 43
Segment-Wise Breakup and Future Prospects: 45
Conclusion………………………………………………………………………………………47
Company Introduction:
Engro Foods is the wholly owned subsidiary of Engro Corporation (Engro