Hero Motocorp
Hero MotoCorp Ltd
Managerial Finance
INDEX
S. No. | Topic | Page No. | 1. | Acknowledgement | 4 | 2. | Research Methodology | 5 | 3. | Problem Statement | 5 | 4. | Objective | 5 | 5. | Company Address and Background | 6 | 6. | Ratio Analysis | 7 | 7. | Common Size Statements | 15 | 8. | Trend Analysis | 19 | 9. | Capital Structure | 24 | 10. | Weighted Average Cost of Capital | 26 | 11. | Dividend Policy | 29 | 12. | Working Capital Management | 31 | 13. | Bibliography | 34 |
1. Acknowledgement
We would like to express the deepest appreciation to our subject lecturer for supervising and guiding us through the course of our report. Her encouragement and motivation contributed a lot to the successful completion of this report.
2. Research Methodology
Secondary sources were used for the purpose of completing this report. Research was done by using the software Ace Equity from where all data related to the company, competitors and industry was taken. The rate for risk free return was taken from the website of RBI. The information related to sources of fund and capital structure were taken from moneycontrol.com.
The raw data was collected and calculations of ratios and other important financial data was done on Microsoft Excel after which the data was transferred to Microsoft Word and significant conclusions were drawn with the help of charts and graphs. No primary research was done.
3. Problem Statement
To analyze Hero MotoCorps ltd.’s financial reports to draw necessary conclusions about its profitability, capital structure, sources of funds, and other important aspects. Also, to compare the company with the closest competitor and the two wheeler industry as a whole.
4. Objective
The main objective of this report is to use our abilities and understanding of financial analysis to interpret and form meaningful conclusions about the company after comparing it to competitors and industry and backing our opinion
Managerial Finance
INDEX
S. No. | Topic | Page No. | 1. | Acknowledgement | 4 | 2. | Research Methodology | 5 | 3. | Problem Statement | 5 | 4. | Objective | 5 | 5. | Company Address and Background | 6 | 6. | Ratio Analysis | 7 | 7. | Common Size Statements | 15 | 8. | Trend Analysis | 19 | 9. | Capital Structure | 24 | 10. | Weighted Average Cost of Capital | 26 | 11. | Dividend Policy | 29 | 12. | Working Capital Management | 31 | 13. | Bibliography | 34 |
1. Acknowledgement
We would like to express the deepest appreciation to our subject lecturer for supervising and guiding us through the course of our report. Her encouragement and motivation contributed a lot to the successful completion of this report.
2. Research Methodology
Secondary sources were used for the purpose of completing this report. Research was done by using the software Ace Equity from where all data related to the company, competitors and industry was taken. The rate for risk free return was taken from the website of RBI. The information related to sources of fund and capital structure were taken from moneycontrol.com.
The raw data was collected and calculations of ratios and other important financial data was done on Microsoft Excel after which the data was transferred to Microsoft Word and significant conclusions were drawn with the help of charts and graphs. No primary research was done.
3. Problem Statement
To analyze Hero MotoCorps ltd.’s financial reports to draw necessary conclusions about its profitability, capital structure, sources of funds, and other important aspects. Also, to compare the company with the closest competitor and the two wheeler industry as a whole.
4. Objective
The main objective of this report is to use our abilities and understanding of financial analysis to interpret and form meaningful conclusions about the company after comparing it to competitors and industry and backing our opinion
Bibliography: Anuradha Gupta. (2010). Important Ratio Concepts. Available: http://anu070886.blogspot.in/2010/06/important-ratio-concepts.html . Last accessed 17th April 2013. Anonymous. (-). Ratios. Available: http://www.investopedia.com/terms/l/liquidityratios.asp . Last accessed 17th April 2013. . (-). Company Background. Available: http://www.heromotocorp.com/en-in/. Last accessed 17th April 2013. (-). Company info. Available: www.moneycontrol.com. Last accessed 17th April 2013. (-). About Bajaj. Available: www.bajajauto.com. Last accessed 17th April 2013.