Gail- Ratio Analysis 2010-11

Topics: Petroleum, Natural gas, Oil refinery Pages: 49 (14767 words) Published: February 11, 2013
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PROJECT REPORT

ON

RATIO ANALYSIS OF FINANCIAL STATEMENTS OF GAIL

Executive summary
Gail has been no. 1 gas utility co in Asia and no. 2 gas utility co. globally which was declared by plats top 250 in 2010. It was also selected as the top Indian co. in the gas processing, transmission and marketing sector for the dun and Bradstreet- American express corporate awards. In addition to that GAIL ‘s Dahej Vijaipur pipeline project won the silver medal in mega projects category at the international project management association awards 2006 and thus received the plats global industry leadership award 2005. It was also rated as one of the best employers in India by Hewitt associates in 2004 global plats survey no. 1 co. among global gas utilities in terms of return on invested capital 2002-03. The basic motive of the project was to understand the financial status of the co. GAIL by analyzing the financial ratios for the last few yrs. The financial health of a corporate enterprise is the result of many individual decisions made continually by its management. To draw inferences about the corporate financial health, therefore, involves analyzing and interpreting the cumulative financial and economic effects of these decisions and judging the results through comparative measures such as ratios.In the process of the study co. balance sheet, income statement and cash flows statement and the financial performance of the last few years have been taken into consideration in order to calculate the ratios. This has been calculated using ms excel spreadsheets. The financial ratios were calculated under five heads. The charts are also prepared for these ratios. The whole project was completed in a span of 60 days and the scope of the study was new Delhi , some valuables insights were found while calculating the financial ratios during the study, problem expressed , analysis and recommendations were made at the end of the report in order to have substantial growth in the near future for this company .

1.1 COMPANY PROFILE

Year of Establishment : 1984|
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Corporate Address : GAIL(INDIA) Limited
GAIL Bhawan, 16 Bhikaji Cama Place,  R K Puram, New Delhi - 110066 EPABX : 011-26172580, 26182956 Fax: 011-2618594|

Management Details : Chairman and M.D - Sh. B. C. Tripathi
Directors - Sh. R. D. Goyal (Projects),
Sh. S. L. Raina (HR),
Sh. Prabhat Singh (marketing),
Sh. S.Venkatraman (Business Development)
Sh. P.K.JAIN ( FINANCE)
Business Operation : A Government of INDIA undertaking
(A NAVRATAN COMPANY )
NATURAL GAS , POWER, LPG,
PETROCHEMICHALS

Company Secretary : Sh. N. K. Nagpal
Vigilance Officer : Shri Rajesh Ranjan
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1.2 GAIL (INDIA) LIMITED
GAIL India ltd is the largest downstream gas entity in the country, accounting for 78% of the gas transmission in India and a 70% market share in natural gas marketing. Through joint venture companies, GAIL also has retail operations in a number of cities including Mumbai, Delhi, and Hyderabad etc. It is also one of the major LPG producers in India. GAIL (India) Limited, is India's flagship Natural Gas company, integrating all aspects of the Natural Gas value chain (including...

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Bibliography
http://economictimes.indiatimes.com/gail-(india)-ltd/balancesheet/companyid-4845.cms (LAST VISITED 2nd AUGUST, 2012)
http://www.moneycontrol.com/financials/gailindia/ratios/GAI#GAI (LAST VISITED 2ND AUGUST, 2012)
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