Fundamaental Analysis of L&T
FUNDAMENTAL ANALYSIS OF LARSEN & TOUBRO LTD.
TABLE OF CONTENTS
CHAPTER | PARTICULARS | PAGE NO. | 1 | INTRODUCTION , OBJECTIVES & METHODOLOGY | 2 | 2 | FUNDAMENTAL ANALYSIS / EQUITY RESEARCH | 4 | 3 | FACTORS,TERMINOLOGIES WITH RATIOS | 9 | | | | 4 | INTRODUCTION OF LARSEN AND TOUBRO FOR VALUATION | 34 | 5 | PESTEL ANALYSIS, PORTER FIVE FORCES MODEL, SWOT ANALYSIS : L&T | 38 | 6 | LARSEN AND TOUBRO EQUITY VALUATION | 43 | 7 | INTERPRETATION/ ANALYSIS | 51 | 8 | CONCLUSION | 54 | 9 | LIMITATIONS FOR THE STUDY | 55 | 10 | BIBLIOGRAPHY | 56 | 11 | ANNEXURE: LARSEN & TOUBRO LTD: P&L STATEMENT & BALANCE SHEET | 57 |
Chapter 1
INTRODUCTION, OBJECTIVES AND METHODOLOGY
A. Introduction:
The process of fundamental analysis involves examining the economic, financial & other qualitative as well as quantitative factors related to a security so as to determine its intrinsic value. While usually this method is used to evaluate the value of a company’s stock, it can also be used for any kind of security, like bonds or currency.
Fundamental analysis is also known as quantitative analysis and involves delving into a company’s financial statements (such as profit and loss account and balance sheet) in order to study the various financial indicators (such as earnings, liabilities, revenues, expenses and assets). Such an analysis is usually carried out by brokers, analysts, and savvy investors.
The report “Fundamental Analysis Of Larsen & Toubro Ltd.” is aiming at understanding of Process of Equity research. Here example of Larsen and Toubro specifically taken for analysis as it is the top rated private sector infrastructure company in India. Also this company is known for its world class management style. Execution skill of this company is unmatched by any other private as well as government company in India. This report is an opportunity to understand the valuation aspects of diversified company like L&T. Also it will
TABLE OF CONTENTS
CHAPTER | PARTICULARS | PAGE NO. | 1 | INTRODUCTION , OBJECTIVES & METHODOLOGY | 2 | 2 | FUNDAMENTAL ANALYSIS / EQUITY RESEARCH | 4 | 3 | FACTORS,TERMINOLOGIES WITH RATIOS | 9 | | | | 4 | INTRODUCTION OF LARSEN AND TOUBRO FOR VALUATION | 34 | 5 | PESTEL ANALYSIS, PORTER FIVE FORCES MODEL, SWOT ANALYSIS : L&T | 38 | 6 | LARSEN AND TOUBRO EQUITY VALUATION | 43 | 7 | INTERPRETATION/ ANALYSIS | 51 | 8 | CONCLUSION | 54 | 9 | LIMITATIONS FOR THE STUDY | 55 | 10 | BIBLIOGRAPHY | 56 | 11 | ANNEXURE: LARSEN & TOUBRO LTD: P&L STATEMENT & BALANCE SHEET | 57 |
Chapter 1
INTRODUCTION, OBJECTIVES AND METHODOLOGY
A. Introduction:
The process of fundamental analysis involves examining the economic, financial & other qualitative as well as quantitative factors related to a security so as to determine its intrinsic value. While usually this method is used to evaluate the value of a company’s stock, it can also be used for any kind of security, like bonds or currency.
Fundamental analysis is also known as quantitative analysis and involves delving into a company’s financial statements (such as profit and loss account and balance sheet) in order to study the various financial indicators (such as earnings, liabilities, revenues, expenses and assets). Such an analysis is usually carried out by brokers, analysts, and savvy investors.
The report “Fundamental Analysis Of Larsen & Toubro Ltd.” is aiming at understanding of Process of Equity research. Here example of Larsen and Toubro specifically taken for analysis as it is the top rated private sector infrastructure company in India. Also this company is known for its world class management style. Execution skill of this company is unmatched by any other private as well as government company in India. This report is an opportunity to understand the valuation aspects of diversified company like L&T. Also it will