1. TOPIC :- FINANCIAL STATEMENT ANAYSIS

3. The present study is intended to examine the overall financial performance of the
ITC LTD. From the beginning of the study to till now . The following are the
specific objectives of the study.
To present theoretical frame work relating to financial statements analysis.
The study and analysis the financial performance of the ITC LTD in terms of
liquidity, solvency, operating and profitability against the conventional financial
norms and identity the short comings.
To comparative study in regard to one firm with another firm or one department
with another department of the financial statement analysis.
To analyze the findings and suggestions of the firm.
To study financial statement analysis is needed to know the financial status of the
company.

4. The study of financial performance evaluation is confined to the financial
position of ITC Ltd
Performance Evaluation is confined only for the period 5 years i.e., from
2010 to 2015.
The Financial Performance Evaluation is carried out on the basis of
secondary data i.e., the annual reports of ITC Ltd
To find out the financial stability of the organization using the different
ratios.
The study has been focused on ratio analysis, common size analysis,
comparative analysis and trend analysis in ITC Ltd

5. It is only a study of internal reports.
Financial statement analysis is based upon only monetary information and non-monetary
factors are ignored.
It does not consider changes in price level.
As the financial statements are prepared on the basis of a going concern, it does not give
exact position. Thus accounting concept and conventions cause a serious limitation to
financial statement analysis.
Changes in accounting procedures by a firm may often make financial statement analysis
misleading.
Analysis is only a means and not an end itself. The analyst has to make interpretation and
drawn his conclusions. Different people may interpret the same analysis in different ways.

6. * ITC was incorporated on August 24, 1910 under the name Imperial Tobacco
Company of India Limited. As the Company's ownership progressively Indianised,
the name of the Company was changed from Imperial Tobacco Company of India
Limited to India Tobacco Company Limited in 1970 and then to I.T.C. Limited in
1974. In recognition of the Company's multi-business portfolio encompassing a
wide range of businesses - Fast Moving Consumer Goods comprising Foods,
Personal Care, Cigarettes and Cigars, Branded Apparel, Education and Stationery
Products, Incense Sticks and Safety Matches, Hotels, Paperboards & Specialty
Papers, Packaging, Agri-Business and Information Technology - the full stops in the
Company's name were removed effective September 18, 2001. The Company now
stands rechristened 'ITC Limited, 'where ‘ITC’ is today no longer an acronym or an
initialized form.
* The Company's headquarter building, 'Virginia House', which came up on
that plot of land two years later, would go on to become one of Kolkata's most
venerated landmarks.
* ITC is today, a diversified multi-business conglomerate with a market
capitalization of US $ 45 billion and a turnover of over US $ 7 billion, with a
diversified portfolio of businesses spanning Fast Moving Consumer Goods, Paper &
Packaging, Hotels, Agri Business and Information Technology. Currently the ITC
group employs more than 32,000 people in its manufacturing facilities, offices and
hotels at more than 60 locations across India.
* ITC Ltd has completed it’s 104th Annual General Meeting (AGM) of the
Company held on July 31, 2015, under Clause 35A.

7. Non-Cigarette FMCG segment registers a healthy revenue growth of
11.3% amidst subdued demand conditions.
Hospitality sector continues to be impacted by a weak pricing
scenario in the backdrop of excessive room inventory in key domestic
markets and a sluggish macro-economic environment. Segment
Results include additional depreciation charge due to revision in
useful life of fixed assets in accordance with Companies Act, 2013
and gestation costs of new hotels.
Agri Business profits up 8.3% driven by enriched mix and higher
realisation.
Paperboards, Paper & Packaging Segment impacted by the continuing
slowdown in the FMCG industry, reduction of import duty under
various regional Free Trade Agreements and input cost pressures.
Highlights of A/Y 2015
 Net Turnover +9.7%
 Pre-tax Profits (comparable) +13.0%
 Post-tax Profits (comparable) +12.5%
 Board recommends Dividend of Rs. 6.25 per share for
FY15 (previous year Rs. 6.00 per share).

8. VISION
Sustain ITC's position as one of India's most valuable corporations
through world class performance, creating growing value for the Indian economy
and the Company's stakeholders
MISSION
To enhance the wealth generating capability of the enterprise in a
globalizing environment, delivering superior and sustainable stakeholder value
"ITC believes that its aspiration to create enduring value for the nation
provides the motive force to sustain growing shareholder value”.
“We want a champion team . We don’t want a collection of champion .
Because it is a champion team that wins.We want to conduct in a manner
that serve share holders in a spirit of trusteeship and also in a manner that
serves our largest society”
Y C Deveshwar
Chairman

9. HarnessingDiversity
StrategyofOrganisation Strategic Supervision
Board of Directors
Corporate Management
Committee
Strategic Management
Divisional Management
Committees
Executive Management

10. The Padma Bhushan, one of the highest civilian awards in the country by the Government of India
in recognition of his distinguished service of a high order to the Nation, in 2011.
In 1986, Meridien Hotelier of the Year.
In 1994 and 1995, the ILTD Division in Chirala and Anaparti won the "Best of all" Rajiv Gandhi
National Quality Award
In 1994, Marketing Man of the Year from A&M, the leading marketing magazine.
In 1996, Distinguished Alumni Award from IIT, Delhi.
In 1998, Honorary Fellowship from the All India Management Association
In 2001, Manager Entrepreneur of the Year from Ernst & Young.
In 2005,Honoured with the Teacher's Lifetime Achievement Award.
In 2006,Inducted into the 'Hall of Pride' by the 93rd Indian Science Congress.
In 2006, Business Person of the Year from UK Trade & Investment, the UK Government organization
that supports overseas businesses in that country.
In 2006, ITC's e-Choupal program won the Stockholm Challenge Award 2006 in the Economic
Development category. This program enables over 3.5 million farmers to access crop-specific and
customized information in their native village habitat and language.
In 2007, SAM/SPG Sustainability Leadership Award conferred at the International Sustainability
Leadership Symposium, Zurich.

11. It received the National Award for Excellence in Corporate Governance from the
Institute of Company Secretaries of India in 2007.
In 2010,The U.S.-India Business Council (USIBC) Award for Global Leadership.
In 2010, ITC was ranked 6th amongst global consumer goods companies in sustainable
value creation during 2005-09, by Boston Consulting Group.
In 2011, all of ITC’s super premium luxury hotels were accorded LEED Platinum
In 2012,Business Leader of the Year Award conferred by the All India Management
Association (AIMA), India's apex body of professional management.
Retail Visionary of the Year from Images, India's only fashion and retail trade magazine.
ITC features on the Forbes Global 2000 rankings for 2012 at position 841. In the same
rankings, the company's market value placed it as the 184th largest company in the
world. Forbes has also included the company in Asia's Fab 50 Companies list.
Certification, making ITC Hotels the ‘Greenest Luxury Hotel Chain in the World’.
In 2013, ITC was ranked the third most admired company in India by Fortune.
In 2014, The Brand Trust Report, published by Trust Research Advisory, a brand
analytics company, ranked ITC in the 9th position among India's most trusted brands in
the Diversified sector.