This project has given me a perfect opportunity to see and know how the concepts of finance are applied in the Industry. The project has been a big learning experience for me and I would like to express my gratitude towards all the people who have guided me throughout, and without whose guidance and support this project would not have been completed successfully.
I would also like to express my deepest gratitude and sincere regards to Mr. Ajay Joshi, Vice President (Finance & Accounts) for allowing me to undergo my internship in Hindalco Industries Limited, Renukoot.
It was great to have the opportunity to work under the guidance of Mr. Vimal Raheja, Deputy Manager (Finance & Accounts), Hindalco Industries Limited. I would like to extend my thanks to him for helping me carry out the project and for his valuable feedback.
Above all, the kind of support and help that my institute and faculty guide Ms. Nahid Parveen extended during the project was invaluable. Without her help this project would not have been completed.
To sum up, my experience with HIL has been a valuable one. The value addition was enormous and the impact, long lasting. I thank everyone once again.
TABLE OF CONTENTS
Ch.No. Topic Page No.
1 Executive Summary 5
2 Group Overview 6-7
3 Industry Profile 8-12
4 Company ProfileØ Production profileØ Product profile 13-27
5 Introduction To Project 28-30
6 Objectives Of The Study 31
7 Literature Review 32-33
8 Research Methodology 34-35
9 Financial Highlights 36-37
10 List Of Ratios 38-68
11 Inter Company Analysis 69-77
12 Growth Equilibrium 78-79
13 Multi DiscriminantAnalysis 80-81
14 Conclusions 82
15 Recommendations 83
16 Limitations 84
17 Bibliography 85-86
CHAPTER - 1
EXECUTIVE SUMMARY
The purpose of this project is to analyse the financial position of Hindalco Industries Ltd. and compare it with domestic competitor i.e. Nalco for the FY 2007-08. To analyse the financial position of a firm one