Project on shakarganj Shuggar Mills Limited.ppt

1. Shakarganj Sugar Mills
Limited
Muneeb Kiyani
14-NTU-1241
1

2. Contents
1. Company information 2-3
2. Balance Sheet
3. Profit and Loss Account
4. Common Size Analysis
5. Index Analysis
6. Ratio Analysis
7. Graphs
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3. ShakargangSugarMillsLimited
We, at Shakarganj, have served the local community since our founding in 1967 and through our Social
Action Programme, we improve the lives of the rural population by connecting and empowering resources
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4. ShakargangSugarMillsLimited
Shakarganj Limited is a Pakistani industrial company in the sugar
Located in Jhang, it was established in 1967. Shakarganj Limited Getting "Best Export Performance Award"(Ethanol)every year since
2002.
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5. Balance sheet 2015 2014 2013
Equity And liabilities
share capital and reserves
Authorized capital
ordinary share of rs 10 each 1,500,000 1,500,000 800,000
prefered share of Rs 10 each 500,000 500,000 500,000
2,000,000 2,000,000 1,300,000
issued subcribed and paid up capital
ordinary shares of Rs 10 each 695,238 695,238 695,238
Reserves 896,940 1,109,735 1,187,887
accumulated loss 2,303,988 2,459,840 1,862,015
711,810 654,867 21,110
surplus on revaluion of property,plant and equipment 5,203,063 5,297,880 2,141,914
Non curent liabilities
long term finance 26,003
liabilities against assets subject tofinance lease 10,148
Employes retirement benefits 9,287
Defrred texation 864,353 1,089,825
864,353 1,099,112 36,151
Current liabilities
Current portion of long term liabilities 1,034,356 1,364,594 2,117,610
Short term borrowing 2,584,737 1,861,493 1,155,480
trade and other payables 3,737,147 2,836,493 2,422,533
Accrued finance cost 616,745 606,721 916,193
7,972,745 6,669,301 6,611,816
13,328,591 12,411,426 8,810,991
Assets
Non current assets
Property,plants and equipments 9,599,483 10,254,043 6,252,667
intangible assets 775 865 955
Biological assets 9,954 13,654 13,975
investments-related parties 901,845 603,687 1,081,722
Employes retirement benefits 12,126 8,779
Long term loans,advances and deposits 36,945 37,359 38,323
10,561,128 10,909,608 7,396,421
current assets
Biological asets 20,668 29,477 32,600
stores,spares and loose tools 83,516 100,287 115,086
stock in trade 804,951 479,944 522,007
trade debts 30,564 38,888 71,619
inevestments 295,721 248,607
Loans,advances,deposits,prepaymentsand other receiveable 299,308 462,509 324,282
cash and bank balances 1,528,456 94,992 100,369
2,767,463 1,501,818 1,414,570
13,328,591 12,411,426 8,810,991
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6. Profit and loss account
2015
2014
2013
Sales - net
6,578,986.00 11,356,340.00 13,507,225.00
Cost of sales
6,647,610.00 11,402,233.00 12,512,771.00
Gross (loss)/profit
68,624.00 45,893.00 994,454.00
Administrative expenses
258,743.00 323,831.00 298,792.00
Distribution and selling costs
174,258.00 313,341.00 330,387.00
Other operating expenses
44,034.00 47,356.00 117,835.00
Other income
362,513.00 351,546.00 321,385.00
(Loss)/profit from operations
183,146.00 378,875.00 568,825.00
Finance cost
238,124.00 328,328.00 438,130.00
Share of profit from associates
378,618.00 122,618.00 198,667.00
(Loss)/profit before taxation
42,625.00 584,585.00 329,362.00
Taxation
- Company
46,594.00 16,794.00 29,525.00
- Associates
53,510.00 37,430.00 32,825.00
100,104.00 54,224.00 62,350.00
(Loss)/profit for the year
142,756.00 638,809.00 267,012.00
Basic (loss)/earnings per share Rupees
2.05 9.19 3.84
Diluted (loss)earnings per share Rupees
2.05 9.19 3.55
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7. Balance Sheet 2015 2014 2013
Equity And liabilities - -
- -
share capital and reserves - -
- -
Authorized capital - -
ordinary share of rs 10 each 11% 12.09% 9.08%
prefered share of Rs 10 each 4% 4.03% 5.67%
15% 16.11% 14.75%
issued subcribed and paid up capital
ordinary shares of Rs 10 each 5% 5.60% 7.89%
Reserves 7% 8.94% 13.48%
accumulated loss 17% 19.82% 21.13%
5% 5.28% 0.24%
surplus on revaluion of property,plant and equipment 39% 42.69% 24.31%
Non curent liabilities
long term finance 0.30%
liabilities against assets subject tofinance lease 0.12%
Employes retirement benefits 0.07%
Defrred texation 6% 8.78%
6% 8.86% 0.41%
Current liabilities
Current portion of long term liabilities 8% 10.99% 24.03%
Short term borrowing 19% 15.00% 13.11%
trade and other payables 28% 22.85% 27.49%
Accrued finance cost 5% 4.89% 10.40%
60% 53.74% 75.04%
Contigencies and commitments
100% 100.00% 100.00%
Assets
Non current assets
Property,plants and equipments 72% 82.62% 70.96%
intangible assets 0.01% 0.01%
Biological assets 0.11% 0.16%
investments-related parties 7% 4.86% 12.28%
Employes retirement benefits 0.10%
Long term loans,advances and deposits 0.30% 0.43%
79% 87.90% 83.95%
current assets
Biological asets 0.24% 0.37%
stores,spares and loose tools 1% 0.81% 1.31%
stock in trade 6% 3.87% 5.92%
trade debts 0.31% 0.81%
inevestments 2.38% 2.82%
Loans,advances,deposits,prepaymentsand other receiveable 2% 3.73% 3.68%
cash and bank balances 11% 0.77% 1.14%
100% 100% 100%
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8. Statement
2015 2014 2013
100.00% 100.00% 100.00%
es
101.04% 100.40% 92.64%
)/profit
1.04% 0.40% 7.36%
tive expenses
3.93% 2.85% 2.21%
n and selling costs
2.65% 2.76% 2.45%
ating expenses
0.67% 0.42% 0.87%
me
5.51% 3.10% 2.38%
it from operations
2.78% 3.34% 4.21%
st
3.62% 2.89% 3.24%
ofit from associates
5.75% 1.08% 1.47%
it before taxation
0.65% 5.15% 2.44%
ny
0.71% 0.15% 0.22%
tes
0.81% 0.33% 0.24%
1.52% 0.48% 0.46%
it for the year
2.17% 5.63% 1.98%
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9. 2015 2014 2013
es
reserves
rs 10 each 100.00% 100.00% 53.33%
Rs 10 each 100.00% 100.00% 100.00%
100.00% 100.00% 65.00%
and paid up capital
Rs 10 each 100.00% 100.00% 100.00%
100.00% 123.72% 132.44%
100.00% 106.76% 80.82%
100.00% 92.00% 2.97%
on of property,plant and equipment 100.00% 101.82% 41.17%
ies
assets subject tofinance lease
ent benefits
100.00% 126.09% 0.00%
100.00% 127.16% 4.18%
long term liabilities 100.00% 131.93% 204.73%
wing 100.00% 72.02% 44.70%
ayables 100.00% 75.90% 64.82%
ost 100.00% 98.37% 148.55%
100.00% 83.65% 82.93%
commitments
100.00% 93.12% 66.11%
s
nd equipments 100.00% 106.82% 65.14%
100.00% 111.61% 123.23%
100.00% 137.17% 140.40%
ed parties 100.00% 66.94% 119.95%
ent benefits 100.00% 0.00% 72.40%
dvances and deposits 100.00% 101.12% 103.73%
100.00% 103.30% 70.03%
100.00% 142.62% 157.73%
loose tools 100.00% 120.08% 137.80%
100.00% 59.62% 64.85%
100.00% 127.23% 234.32%
eposits,prepayments and other receiveable 100.00% 154.53% 108.34%
ances 100.00% 6.21% 6.57%
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10. Profit Loss Statement 2015 2014 2013
Sales - net
100.00% 172.62% 205.31%
Cost of sales
100.00% 171.52% 188.23%
Gross (loss)/profit
100.00% 66.88% 1449.13%
Administrative expenses
100.00% 125.16% 115.48%
Distribution and selling costs
100.00% 179.81% 189.60%
Other operating expenses
100.00% 107.54% 267.60%
Other income 100.00% 96.97% 88.65%
(Loss)/profit from operations
100.00% 206.87% 310.59%
Finance cost
100.00% 137.88% 183.99%
Share of profit from associates 100.00% 32.39% 52.47%
(Loss)/profit before taxation
100.00% 1371.46% 772.70%
Taxation
- Company 100.00% 36.04% 63.37%
- Associates 100.00% 69.95% 61.34%
100.00% 54.17% 62.29%
(Loss)/profit for the year
100.00% 447.48% 187.04%
Basic (loss)/earnings per share Rupees
100.00% 448.29% 187.32%
Diluted (loss)earnings per share Rupees
100.00% 448.29% 173.17%
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11. Measures ability to meet current debts with current assets. In 2015 the
shakarganj sugar Mills has more ability to meet current debts with current assets
rather than 2014 and 2013.
0.35
0.23
0.21
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
2015 2014 2013
Current Ratio
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12. The current ratio is a financial ratio that measures whether or not a firm has
enough resources to pay its debts over the next 12 months. In 2015 sugar
company has more ability to meet current debts with liquid current assets rather
than 2014 and 2013.Asid-test ratio comes should be high is suitable
0.34
0.21
0.20
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
2015 2014 2013
Acid Test
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13. Indicate the extent to which debt financing is used relative to equity financing. In
2014 sugar company has ability to meet total debt with total equity rather than
2015 and 2013.Debt to equity ratio comes should be less is more suitable
19.94
20.63
419.10
0.00
50.00
100.00
150.00
200.00
250.00
300.00
350.00
400.00
450.00
2015 2014 2013
Debt-Equity
13

14. Shows the relative extent to which the firm is used borrowed money .In 2013
sugar company has been ability to meet total debt with total assets rather than
2015 and 2014 . Debt to total assets ratio comes should be less is more suitable
1.06
1.09
1.00
0.96
0.98
1.00
1.02
1.04
1.06
1.08
1.10
2015 2014 2013
Debt to total Assets
14

15. Indicates ability to cover interest charges ,tell number of times interest is earned
.In 2013 sugar company has been more able to cover interest charges rather than
2014 and 2015. interest coverage ratio comes should be high is suitable .
0.77
1.15
1.30
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
2015 2014 2013
Interest coverage
15

16. Measures how many times the inventory has been turned over during the year
,provides insight into liquidity of inventory and tendency to overstock. In 2013
sugar company has been more able to cover receivable turnover rather than 2014
and 2015. Receivable turnover ratio comes should be high is suitable .
21.98
24.55
41.65
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
40.00
45.00
2015 2014 2013
Reciveable turnover
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17. Average number of days receivable are outstanding before being collected. . In 2013
sugar company has been more able to cover receivable turnover in days rather than
2015 and 2014. Receivable turnover in days ratio comes should be less is suitable .
16.61
14.87
8.76
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
2015 2014 2013
Reciveable turnover in Days
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18. Measures how many times the inventory has been turned over during the year
,provides insight into liquidity of inventory and tendency to overstock. In 2014
sugar company has been more able to cover inventory turnover rather than
2015and 2013. Receivable turnover ratio comes should be high is suitable .
79.60
113.70 108.73
0.00
20.00
40.00
60.00
80.00
100.00
120.00
2015 2014 2013
Inventory turnover
18

19. Average number of days the inventory is hold before is turned into account receivable through sales .
. In 2014 and 2013 has been more able to cover inventory turnover in days rather than 2015.
Receivable turnover in days ratio comes should be less is suitable .constant during back two year.
4.59
3.21
3.36
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
5.00
2015 2014 2013
Inventory turnover in days
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20. Measures relative efficiency of total assets to generate sales. In 2013 sugar
company has been more able to cover total assets turnover rather than 2014 and
2015. Total assets turnover ratio comes should be high is suitable.
0.49
0.91
1.53
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
2015 2014 2013
Total assets turnover
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21. Measures profitability with respect to sales generate ,net income per dollar of
sales . In 2013 sugar company has been more able to cover Net profit margin
rather than 2014 and 2015. comes should be high is suitable .
0.02
0.06
0.02
0.00
0.01
0.02
0.03
0.04
0.05
0.06
2015 2014 2013
Net Profit Margin
21

22. Return on investment (ROI) is performance measure used to evaluate the
efficiency of investment. It compares the magnitude and timing of gains from
investment directly to the magnitude and timing of investment costs. It is one
of most commonly used approaches for evaluating the financial consequences
of business investments, decisions, or actions.
0.01
0.05
0.03
0.00
0.01
0.02
0.03
0.04
0.05
0.06
2015 2014 2013
Return on investment
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23. Measures power on shareholders ,book value investment. In 2013 sugar has been
more able to cover Return on equity rather than 2014 and 2015.Return on equity
comes should be high is suitable
0.20 0.98
12.65
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
2015 2014 2013
Return on equity
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24. Conclusion
• In the year 2013 the company Excepted a great profit.
• At the amount of 267,012.
• Shakarganj Mills Limited is a truly progressive national
organization, employing qualified people with diversified
background from all over the country
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