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© JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880
IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 150
Financial Statement Analysis Using Common Size on
Mahindra Sindol Motors
BHADRAPPA HARALAYYA
HOD and Associate Professor, Department of MBA, Lingaraj Appa Engineering College, Bidar
Abstract- A Primary limitation of the typical
economic statements comprising the balance sheet
and the earnings and loss account is that they do not
supply all the information related to the monetary
operation of a firm. Nevertheless, they furnish some
extra ordinarily useful information to the extent that
the balance sheet mirrors the economic position on a
precise date in terms of the structure of the assets,
liabilities and owners, equity, and so on and the
earnings and loss account shows the outcomes of
operation at some stage in a certain length of time in
terms of the revenues acquired and the cost incurred
at some point of the year. Thus, the financial
statements supply a summarized view of the financial
function and operations of a firm. Therefore, a good
deal can be learnt about a company from a careful
examination of its economic statements as valuable
documents/performance reports. The analysis of
financial statements is, thus, a vital aid to financial
analysis.
I. INTRODUCTION
The main aim of marketing is meet and satisfy target
customer need and buyers behaviour refers to people
or organisation conduct activities and together with the
impact of various influence on them towards making
decision on purchase of product and service in a
market.
The field of consumer behaviour studies how
individuals, groups and organisation select, buy, use
and dispose of good, service, ideas, or experience to
satisfy their needs and desires understanding
consumer behaviour and knowing customer are never
simple. They are responding to influences that changes
their mind at the last minute. A buyer makes takes a
decision whether save or spends the money.
Mahindra And Mahindra started a joint venture with
British Telecom in 1986 as a technology outs ourcing
firm. British Telecom initially had around 30
Percentage stake in the MAHINDRA AND
MAHINDRA company . In December 2010, British
Telecom sold 5.5 Percent of its stake In Tech
Mahindra to Mahindra and Mahindra for Rs 451 crore
.InAugust 2012, British Telecom sold 14.1 Percent of
its stake to institutional investors for about Rs 1,395
crore . In December 2012, British telecom sold its
remaining 9.1 Percent (11.6 million shares)
shareholding to institutional investors, for a total gross
cash proceeds of Rs 1,011.4 crore .This sale marked
• OUR CORE VALUES
We, at Mahindra, are driven by a single purpose – to
RISE! We mean and intend to rise Beyond doubts, fear
and skepticism; for ourselves, for our family and our
nation. In Pursuit of outperforming our own standards,
we relentlessly work towards achieving Excellence,
covering as many industries as we can, satisfying as
many customers as we can And most importantly
touching as many lives as we can.
• OUR LEADERSHIP
Mahindra’s leaders set the tone and lead the charge in
our aspiration to be one of the world’s 50 most
admired global brands by 2021. The direct our focus
on technology and innovation, Chart our global
expansion, and lay the markers for our growth Our
leadership’s ability to manage our operations and
finances the world over, build and Groom our global
talent pool, and lead our endeavours in new markets
and geo graphics help To constantly move forward and
offer our customers only the very best .
II. THEORETICAL BACKGROUND OF THE
STUDY
The focus of economic analysis is on key figures in the
economic statements and the widespread relationship
that exit between them. The evaluation of economic
statements is a system of appreciation of the firm’s
© JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880
IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 151
role and performance. The first project of the
economic analyst is to choose the data applicable to
the choice under consideration from the complete
records contained in the financial statements. The 2nd
step is to organize the data in a way to spotlight
massive relationships. The ultimate step is
interpretation and drawing of inferences and
conclusions.in quick financial evaluation is the
method of selection, relation and evaluation.
• Common size statement:
Common dimension assertion express property and
liabilities as percentage of whole property and fees and
earnings as percentage of sales. Common –size
comparative statements prepared for one association
over the years would spotlight the relative
modification in every group of expenses, belongings
and liabilities. This statement can be equally useful for
inter-firm comparable, given the facts that absolute
figures of two firms of the identical enterprise are no
longer comparable.
III. REASEARCH DESIGN
3.1 STATEMENT OF THE PROBLEM
The technology of globalization modern-day free
market economic system introduces a window of
company acidity that has large effect on any countries
trade and general development. To whole the process
of company or trading monetary intermediaries and
group act like as safe gateway between two sides. As
an institution, company has been contributing towards
the improvement of any economy for a long time and
at the moment it is dealt with as an essential company
enterprise in modern world. Now days the functioning
vicinity of company now not costrained within equal
geographical restrict of any country.
3.2 NEED FOR THE STUDY
The economic statements are reflecting which reflects
the financial function and electricity or weak point of
the concern. The company monetary agency has been
witnessed severe opposition from company and global
company. Every business wants to economic
performance analysis.
The find out about on monetary overall performance
frequent measurement of Mahindra & Mahindra is
conducted to measure the universal overall
performance of the company. The economic
evaluation strengths the association to make their
excellent use, and to be in a position to spot out
economic weakness of the company to country
appropriate corrective actions.
3.3 OBJECTIVES OF THE STUDY
• It is beneficial in comparing two or more periods
or two or more companies when the productive
capacity is not the same.
• The comparative significance of each individual
item of expenses and incomes stands out clearly.
• A study of common size percentage of a company
indicates the structure of profit and loss account.
• The common size income statement also shows the
distribution of profit in form of interest, taxes and
dividends.
• To understand the concept of financial
performance.
• From the viewpoint of researcher, the above
objectives depend on accuracy, quality, quantity
and availability of data regarding financial
information.
3.4 SCOPE OF THE STUDY
The study is based on the accounting information of
the Mahindra Sindol motors, Bidar. The study covers
the period of 2015-2017 for analysing the financial
statement such as profit and loss account and balance
sheet.
The scope of the study involves the various factors that
affect the financial efficiency of the company. To
increase the profit and growth of the company.
The data of the past three years are taken into account
for the study. The performance is compared within
those periods.
3.5 RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
Research can be defined as “A Scientific and systemic
search for pertinent records on a unique topic”.
Therefore, research should be understood as a geared
up pastime with particular targets on a hassle or issues
supported through compilation of associated facts and
© JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880
IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 152
facts, involving utility of relevant equipment of
evaluation and deriving logically on originality.
RESEARCH DESIGN
Research Design is the arrangement of condition for
collection and evaluation of statistics in manner that
aims to combine relevance to the research reason with
the economy in procedure. Research Design is
necessary notably due to the fact of the expanded
complexity in the market as well as advertising and
marketing techniques on hand to the researchers.
SOURCES OF DATA
• PRIMARY DATA
• SECONDRY DATA
IV. DATA AND ANALYSIS
FINANCIAL STATEMENT ANALYSIS COMMON SIZE PROFIT AND LOSS ACCOUNT OF MAHINDRA
SINDOL MOTORS
2017 %2017 2016 %2016 2015 %2015
Revenue 29,141 100 26,494 100 22,621 100
Employee
cost
15,454 53.03 13,908 52.49 11,914 52.66
other cost 9503 32.61 8268 31.20 6516 28.80
Depreciation 978 3.35 762 2.87 611 2.70
Interest
expenses
129 0.44 96 0.36 69 0.30
Taxes 1002 3.44 860 3.24 960 4.24
Net profit 2813 9.65 3118 11.76 2628 11.61
FINANCIAL STATEMENT ANALYSIS COMMON SIZE BALANCE SHEET OF MAHINDRA SINDOL
MOTORS
(RS. Crores)
2017 %2017 2016 %2016 2015 %2015
Share Capital 297.06 1.00 296.32 1..22 295.70 1.35
Reserves & Surplus 26488.56 89.61 22126.85 91.18 18948.60 86.62
Net Worth 26785.62 90.61 22423.17 92.40 19255.09 88.02
Secured Loan 12.20 0.04 .00 00 .00 00
Unsecured Loan 2760.67 9.34 1843.55 7.60 2620.38 11.98
TOTAL LIABILITIES 29558.49 100 24266.72 100 21875.47 100
Assets
Gross Block 14501.88 49.06 13241.17 54.56 11109.91 50.78
(-) Acc. Depreciation 6730.84 22.77 5645.18 23.26 5180.45 23.68
Net Block 7771.04 26.29 7595.99 31.30 5918.67 27.05
Capital Work in Progress 2040.40 6.90 1562.15 6.43 2178.76 9.95
Investments 17908.40 60.58 13547.40 55.82 13138.16 60.05
Inventories 2758.01 9.33 2687.93 11.07 2437.57 11.14
Sundry Debtors 2938.84 9.94 2511.64 10.35 2558.03 11.69
Cash and Bank 1687.48 5.70 2287.03 9.42 2064.77 9.43
Loans and Advances 4864.15 16.45 5307.43 21.87 4638.12 21.20
© JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880
IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 153
Total Current Assets 12248.48 41.43 12794.03 52.72 11698.49 53.47
Current Liabilities 9019.90 30.51 10168.07 41.90 9000.62 41.14
Provisions 1389.93 4.70 1064.78 4.38 2068.78 9.45
Total Current Liabilities 10409.83 35.21 11232.85 46.28 11069.40 50.60
NET CURRENT ASSETS 1838.65 6.22 1561.18 6.43 629.09 2.87
TOTAL
ASSETS(A+B+C+D+E) 29558.49 100 24266.72 100 21875.47 100
4.1 ANALYSIS OF EMPLOYEES COST?
Employees Cost Amount %
Common
Size
2015 11914 52.66
2016 13908 52.49
2017 15454 53.03
Interpretation:
The above table and graph shown that Common Size
of Employees Cost in the year 2015 is 52.66,2016 is
52.49 and 2017 is 53.03
4.2 ANALYSIS OF OTHER COST?
Other Cost Amount % Common Size
2015 6516 28.80
2016 8268 31.20
2017 9503 32.61
Interpretation:
The above table and graph shown that Common Size
of Other Cost in the year 2015 is 28.80,2016 is 31.20
and 2017 is 32.61
4.3 ANALYSIS OF DEPRECIATION?
Depreciation Amount % Common
Size
2015 611 2.70
2016 762 2.87
2017 978 3.35
Interpretation:
The above table and graph shown that Common Size
of Depreciation in the year 2015 is 2.70,2016 is 2.87
and 2017 is 3.35.
4.4 ANALYSIS OF INTEREST EXPENSES?
Interest
Expenses
Amount % Common
Size
2015 129 0.44
2016 96 0.36
2017 69 0.30
© JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880
IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 154
Interpretation:
The above table and graph shown that Common Size
of Interest Expenses in the year 2015 is 0.30,2016 is
0.36 and 2017 is 0.44.
4.5 ANALYSIS OF TAXES?
Taxes Amount % Common
Size
2015 960 4.24
2016 860 3.24
2017 1002 3.44
Interpretation:
The above table and graph shown that Common Size
of Taxes in the year 2015 is 4.24,2016 is 3.24 and 2017
is 3.44.
4.6 ANALYSIS OF NET PROFIT?
Net Profit Amount % Common
Size
2015 2628 11.61
2016 3118 11.76
2017 2813 9.65
Interpretation:
The above table and graph shown that Common Size
of Net Profit in the year 2015 is 11.61,2016 is 11.76
and 2017 is 9.65.
4.7 ANALYSIS OF NET WORTH?
Net Worth Amount % Common
Size
2015 19255.09 88.02
2016 22423.17 92.40
2017 26785.62 90.61
Interpretation:
The above table and graph shown that Common Size
of Net Worth in the year 2015 is 88.02,2016 is 92.40
and 2017 is 90.61.
4.8 ANALYSIS OF SECURED LOAN?
Secured Loan Amount % Common
Size
2015 00 0.00
2016 00 0.00
2017 12.20 0.04
Interpretation:
The above table and graph shown that Common Size
of Secured Loan in the year 2015 is 0.00,2016 is 0.00
and 2017 is 0.04.
4.9 ANALYSIS OF UNSECURED LOAN?
Unsecured
Loan
Amount % Common
Size
2015 2620.38 11.98
2016 1843.55 7.60
2017 2760.67 9.34
© JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880
IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 155
Interpretation:
The above table and graph shown that Common Size
of Unsecured Loan in the year 2015 is 11.98,2016 is
7.60 and 2017 is 9.34.
4.10 ANALYSIS OF NET BLOCK?
Net Block Amount % Common
Size
2015 5918.67 27.05
2016 7595.99 31.30
2017 7771.04 26.29
Interpretation:
The above table and graph shown that Common Size
of Net Block in the year 2015 is27.05,2016 is 31.30
and 2017 is 26.29.
4.11 ANALYSIS OF INVESTMENTS?
Investments Amount % Common
Size
2015 13138.16 60.05
2016 13547.40 55.82
2017 17908.40 60.58
Interpretation:
The above table and graph shown that Common Size
of Investments in the year 2015 is 60.05,2016 is 55.82
and 2017 is 60.58.
4.12 ANALYSIS OF LOANS AND ADVANCES?
Loans and
Advances
Amount % Common
Size
2015 4638.12 21.20
2016 5307.43 21.87
2017 4864.15 16.45
Interpretation:
The above table and graph shown that Common Size
of Loans and Advances in the year 2015 is 21.20,2016
is 21.87 and 2017 is16.45.
V. FINDINGS, CONCLUSION AND
SUGGESTIONS
5.1 SUMMARY OF FINDINGS
• It is observed that the activity expended of the
company is low related to final 12 months pastime
expended by means of the company.
• It is determined that the running expenses of the
financial statement is high with related to the
remaining year of working charges of the
company
• It is found that the provision and contingencies of
the financial statement is low with related to the
remaining 12 months of provision and
contingencies of the company.
• It is found that the total income of the company is
high with associated to the final year of complete
revenue of the company.
5.2 CONCLUSION
Company Financial statement over the years has been
more than a few companies. Today Indian company
is below reform process. Foreign company are
entering into market and private companies gaining
momentum. This stage is crucial for nationalized
companies like Mahindra & Mahindra. Its future
depends on how it can face threats and cash on
opportunities. Thinking globally considering local
aspects is the need of this hour. M & M financial
statement has to use its tremendous company journey
to reap a robust preserve in the Indian company
system and build a globally respected brand .M &M
has a brilliant future as it gives higher thrust towards
© JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880
IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 156
technological up gradation of its operation beside this,
the financial statement has additionally hooked up.
Realizing and evolving the various needs of clients the
financial statement has various too, getting into
several new areas such as service provider company,
hire buy and leasing and digital remittance provider
etc.
5.3 SUGGESTION / RECOMMENDATIONS
In order to improve their monetary performance, the
M&M financial statement is advised the following
based on the analysis.
• The financial statement must inspire and impart
proper know-how about company to their staff.
• The company should carry new products/ services
based on the aspirations of customers.
• The financial statement need to become more
clients centric by using leveraging sophisticated
insights to enhance hazard administration pricing,
channel overall performance and consumer
satisfaction.
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IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 158
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Engineering Journals, Volume 4, Issue 12, June
2021, Page 197-206 Available at:
https://irejournals.com/formatedpaper/1702795.
pdf
[36] Bhadrappa Haralayya . "Effect of Branding on
Consumer Buying Behaviour at Vijay Bharat
Motors Pvt Ltd, Bidar" Iconic Research And
Engineering Journals, Volume 4, Issue 12, June
2021, Page 207-222 Available at:
https://irejournals.com/formatedpaper/1702796.
pdf
[37] Bhadrappa Haralayya . "Study on Customer
Perceptions Guru Basava Motors, Bidar" Iconic
Research And Engineering Journals, Volume 4,
Issue 12,June 2021, Page 223-231 Available at:
https://irejournals.com/formatedpaper/17027972
.pdf
[38] Bhadrappa Haralayya . "Study on Loans and
Advances for DCC Bank Main Branch
Nayakaman, Bidar" Iconic Research And
Engineering Journals, Volume 4, Issue 12, June
2021, Page 232-242 Available at:
https://irejournals.com/formatedpaper/1702798.
pdf
[39] Bhadrappa Haralayya . "Work Life Balance of
Employees at Karanja Industries Pvt Ltd, Bidar"
Iconic Research And Engineering Journals,
Volume 4, Issue 12, June 2021, Page 243-254
Available at:
© JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880
IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 159
https://irejournals.com/formatedpaper/1702799.
pdf
[40] Bhadrappa Haralayya . "Working Capital
Management at TVS Motors, Bidar" Iconic
Research And Engineering Journals, Volume 4,
Issue 12, June 2021, Page 255-265 Available at:
https://irejournals.com/formatedpaper/1702800.
pdf
[41] Haralayya, Dr. Bhadrappa, Testing Weak Form
Efficiency of Indian Stock Market – An
Empirical Study on NSE (April 30, 2021).
Emerging Global Strategies for Indian Industry
(ISBN: 978-81-910118-7-6), 2021, Available at
SSRN: https://ssrn.com/abstract=3837488
[42] Haralayya, Dr. Bhadrappa, Top 10 Ways to
Improve the Communication Skills (JUNE 20,
2016). Available at SSRN:
https://ssrn.com/abstract=3844410 or
http://dx.doi.org/10.2139/ssrn.3844410
[43] Haralayya, Dr. Bhadrappa, Multi-Inter-Trans
Disciplinary Research Towards Management
and Commerce (July 25, 2016). Available at
SSRN: https://ssrn.com/abstract=3847404

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1702836 PAPER Financial Statement Analysis Using Common Size on Mahindra Sindol Motors.pdf

  • 1. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 150 Financial Statement Analysis Using Common Size on Mahindra Sindol Motors BHADRAPPA HARALAYYA HOD and Associate Professor, Department of MBA, Lingaraj Appa Engineering College, Bidar Abstract- A Primary limitation of the typical economic statements comprising the balance sheet and the earnings and loss account is that they do not supply all the information related to the monetary operation of a firm. Nevertheless, they furnish some extra ordinarily useful information to the extent that the balance sheet mirrors the economic position on a precise date in terms of the structure of the assets, liabilities and owners, equity, and so on and the earnings and loss account shows the outcomes of operation at some stage in a certain length of time in terms of the revenues acquired and the cost incurred at some point of the year. Thus, the financial statements supply a summarized view of the financial function and operations of a firm. Therefore, a good deal can be learnt about a company from a careful examination of its economic statements as valuable documents/performance reports. The analysis of financial statements is, thus, a vital aid to financial analysis. I. INTRODUCTION The main aim of marketing is meet and satisfy target customer need and buyers behaviour refers to people or organisation conduct activities and together with the impact of various influence on them towards making decision on purchase of product and service in a market. The field of consumer behaviour studies how individuals, groups and organisation select, buy, use and dispose of good, service, ideas, or experience to satisfy their needs and desires understanding consumer behaviour and knowing customer are never simple. They are responding to influences that changes their mind at the last minute. A buyer makes takes a decision whether save or spends the money. Mahindra And Mahindra started a joint venture with British Telecom in 1986 as a technology outs ourcing firm. British Telecom initially had around 30 Percentage stake in the MAHINDRA AND MAHINDRA company . In December 2010, British Telecom sold 5.5 Percent of its stake In Tech Mahindra to Mahindra and Mahindra for Rs 451 crore .InAugust 2012, British Telecom sold 14.1 Percent of its stake to institutional investors for about Rs 1,395 crore . In December 2012, British telecom sold its remaining 9.1 Percent (11.6 million shares) shareholding to institutional investors, for a total gross cash proceeds of Rs 1,011.4 crore .This sale marked • OUR CORE VALUES We, at Mahindra, are driven by a single purpose – to RISE! We mean and intend to rise Beyond doubts, fear and skepticism; for ourselves, for our family and our nation. In Pursuit of outperforming our own standards, we relentlessly work towards achieving Excellence, covering as many industries as we can, satisfying as many customers as we can And most importantly touching as many lives as we can. • OUR LEADERSHIP Mahindra’s leaders set the tone and lead the charge in our aspiration to be one of the world’s 50 most admired global brands by 2021. The direct our focus on technology and innovation, Chart our global expansion, and lay the markers for our growth Our leadership’s ability to manage our operations and finances the world over, build and Groom our global talent pool, and lead our endeavours in new markets and geo graphics help To constantly move forward and offer our customers only the very best . II. THEORETICAL BACKGROUND OF THE STUDY The focus of economic analysis is on key figures in the economic statements and the widespread relationship that exit between them. The evaluation of economic statements is a system of appreciation of the firm’s
  • 2. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 151 role and performance. The first project of the economic analyst is to choose the data applicable to the choice under consideration from the complete records contained in the financial statements. The 2nd step is to organize the data in a way to spotlight massive relationships. The ultimate step is interpretation and drawing of inferences and conclusions.in quick financial evaluation is the method of selection, relation and evaluation. • Common size statement: Common dimension assertion express property and liabilities as percentage of whole property and fees and earnings as percentage of sales. Common –size comparative statements prepared for one association over the years would spotlight the relative modification in every group of expenses, belongings and liabilities. This statement can be equally useful for inter-firm comparable, given the facts that absolute figures of two firms of the identical enterprise are no longer comparable. III. REASEARCH DESIGN 3.1 STATEMENT OF THE PROBLEM The technology of globalization modern-day free market economic system introduces a window of company acidity that has large effect on any countries trade and general development. To whole the process of company or trading monetary intermediaries and group act like as safe gateway between two sides. As an institution, company has been contributing towards the improvement of any economy for a long time and at the moment it is dealt with as an essential company enterprise in modern world. Now days the functioning vicinity of company now not costrained within equal geographical restrict of any country. 3.2 NEED FOR THE STUDY The economic statements are reflecting which reflects the financial function and electricity or weak point of the concern. The company monetary agency has been witnessed severe opposition from company and global company. Every business wants to economic performance analysis. The find out about on monetary overall performance frequent measurement of Mahindra & Mahindra is conducted to measure the universal overall performance of the company. The economic evaluation strengths the association to make their excellent use, and to be in a position to spot out economic weakness of the company to country appropriate corrective actions. 3.3 OBJECTIVES OF THE STUDY • It is beneficial in comparing two or more periods or two or more companies when the productive capacity is not the same. • The comparative significance of each individual item of expenses and incomes stands out clearly. • A study of common size percentage of a company indicates the structure of profit and loss account. • The common size income statement also shows the distribution of profit in form of interest, taxes and dividends. • To understand the concept of financial performance. • From the viewpoint of researcher, the above objectives depend on accuracy, quality, quantity and availability of data regarding financial information. 3.4 SCOPE OF THE STUDY The study is based on the accounting information of the Mahindra Sindol motors, Bidar. The study covers the period of 2015-2017 for analysing the financial statement such as profit and loss account and balance sheet. The scope of the study involves the various factors that affect the financial efficiency of the company. To increase the profit and growth of the company. The data of the past three years are taken into account for the study. The performance is compared within those periods. 3.5 RESEARCH METHODOLOGY RESEARCH METHODOLOGY Research can be defined as “A Scientific and systemic search for pertinent records on a unique topic”. Therefore, research should be understood as a geared up pastime with particular targets on a hassle or issues supported through compilation of associated facts and
  • 3. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 152 facts, involving utility of relevant equipment of evaluation and deriving logically on originality. RESEARCH DESIGN Research Design is the arrangement of condition for collection and evaluation of statistics in manner that aims to combine relevance to the research reason with the economy in procedure. Research Design is necessary notably due to the fact of the expanded complexity in the market as well as advertising and marketing techniques on hand to the researchers. SOURCES OF DATA • PRIMARY DATA • SECONDRY DATA IV. DATA AND ANALYSIS FINANCIAL STATEMENT ANALYSIS COMMON SIZE PROFIT AND LOSS ACCOUNT OF MAHINDRA SINDOL MOTORS 2017 %2017 2016 %2016 2015 %2015 Revenue 29,141 100 26,494 100 22,621 100 Employee cost 15,454 53.03 13,908 52.49 11,914 52.66 other cost 9503 32.61 8268 31.20 6516 28.80 Depreciation 978 3.35 762 2.87 611 2.70 Interest expenses 129 0.44 96 0.36 69 0.30 Taxes 1002 3.44 860 3.24 960 4.24 Net profit 2813 9.65 3118 11.76 2628 11.61 FINANCIAL STATEMENT ANALYSIS COMMON SIZE BALANCE SHEET OF MAHINDRA SINDOL MOTORS (RS. Crores) 2017 %2017 2016 %2016 2015 %2015 Share Capital 297.06 1.00 296.32 1..22 295.70 1.35 Reserves & Surplus 26488.56 89.61 22126.85 91.18 18948.60 86.62 Net Worth 26785.62 90.61 22423.17 92.40 19255.09 88.02 Secured Loan 12.20 0.04 .00 00 .00 00 Unsecured Loan 2760.67 9.34 1843.55 7.60 2620.38 11.98 TOTAL LIABILITIES 29558.49 100 24266.72 100 21875.47 100 Assets Gross Block 14501.88 49.06 13241.17 54.56 11109.91 50.78 (-) Acc. Depreciation 6730.84 22.77 5645.18 23.26 5180.45 23.68 Net Block 7771.04 26.29 7595.99 31.30 5918.67 27.05 Capital Work in Progress 2040.40 6.90 1562.15 6.43 2178.76 9.95 Investments 17908.40 60.58 13547.40 55.82 13138.16 60.05 Inventories 2758.01 9.33 2687.93 11.07 2437.57 11.14 Sundry Debtors 2938.84 9.94 2511.64 10.35 2558.03 11.69 Cash and Bank 1687.48 5.70 2287.03 9.42 2064.77 9.43 Loans and Advances 4864.15 16.45 5307.43 21.87 4638.12 21.20
  • 4. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 153 Total Current Assets 12248.48 41.43 12794.03 52.72 11698.49 53.47 Current Liabilities 9019.90 30.51 10168.07 41.90 9000.62 41.14 Provisions 1389.93 4.70 1064.78 4.38 2068.78 9.45 Total Current Liabilities 10409.83 35.21 11232.85 46.28 11069.40 50.60 NET CURRENT ASSETS 1838.65 6.22 1561.18 6.43 629.09 2.87 TOTAL ASSETS(A+B+C+D+E) 29558.49 100 24266.72 100 21875.47 100 4.1 ANALYSIS OF EMPLOYEES COST? Employees Cost Amount % Common Size 2015 11914 52.66 2016 13908 52.49 2017 15454 53.03 Interpretation: The above table and graph shown that Common Size of Employees Cost in the year 2015 is 52.66,2016 is 52.49 and 2017 is 53.03 4.2 ANALYSIS OF OTHER COST? Other Cost Amount % Common Size 2015 6516 28.80 2016 8268 31.20 2017 9503 32.61 Interpretation: The above table and graph shown that Common Size of Other Cost in the year 2015 is 28.80,2016 is 31.20 and 2017 is 32.61 4.3 ANALYSIS OF DEPRECIATION? Depreciation Amount % Common Size 2015 611 2.70 2016 762 2.87 2017 978 3.35 Interpretation: The above table and graph shown that Common Size of Depreciation in the year 2015 is 2.70,2016 is 2.87 and 2017 is 3.35. 4.4 ANALYSIS OF INTEREST EXPENSES? Interest Expenses Amount % Common Size 2015 129 0.44 2016 96 0.36 2017 69 0.30
  • 5. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 154 Interpretation: The above table and graph shown that Common Size of Interest Expenses in the year 2015 is 0.30,2016 is 0.36 and 2017 is 0.44. 4.5 ANALYSIS OF TAXES? Taxes Amount % Common Size 2015 960 4.24 2016 860 3.24 2017 1002 3.44 Interpretation: The above table and graph shown that Common Size of Taxes in the year 2015 is 4.24,2016 is 3.24 and 2017 is 3.44. 4.6 ANALYSIS OF NET PROFIT? Net Profit Amount % Common Size 2015 2628 11.61 2016 3118 11.76 2017 2813 9.65 Interpretation: The above table and graph shown that Common Size of Net Profit in the year 2015 is 11.61,2016 is 11.76 and 2017 is 9.65. 4.7 ANALYSIS OF NET WORTH? Net Worth Amount % Common Size 2015 19255.09 88.02 2016 22423.17 92.40 2017 26785.62 90.61 Interpretation: The above table and graph shown that Common Size of Net Worth in the year 2015 is 88.02,2016 is 92.40 and 2017 is 90.61. 4.8 ANALYSIS OF SECURED LOAN? Secured Loan Amount % Common Size 2015 00 0.00 2016 00 0.00 2017 12.20 0.04 Interpretation: The above table and graph shown that Common Size of Secured Loan in the year 2015 is 0.00,2016 is 0.00 and 2017 is 0.04. 4.9 ANALYSIS OF UNSECURED LOAN? Unsecured Loan Amount % Common Size 2015 2620.38 11.98 2016 1843.55 7.60 2017 2760.67 9.34
  • 6. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 155 Interpretation: The above table and graph shown that Common Size of Unsecured Loan in the year 2015 is 11.98,2016 is 7.60 and 2017 is 9.34. 4.10 ANALYSIS OF NET BLOCK? Net Block Amount % Common Size 2015 5918.67 27.05 2016 7595.99 31.30 2017 7771.04 26.29 Interpretation: The above table and graph shown that Common Size of Net Block in the year 2015 is27.05,2016 is 31.30 and 2017 is 26.29. 4.11 ANALYSIS OF INVESTMENTS? Investments Amount % Common Size 2015 13138.16 60.05 2016 13547.40 55.82 2017 17908.40 60.58 Interpretation: The above table and graph shown that Common Size of Investments in the year 2015 is 60.05,2016 is 55.82 and 2017 is 60.58. 4.12 ANALYSIS OF LOANS AND ADVANCES? Loans and Advances Amount % Common Size 2015 4638.12 21.20 2016 5307.43 21.87 2017 4864.15 16.45 Interpretation: The above table and graph shown that Common Size of Loans and Advances in the year 2015 is 21.20,2016 is 21.87 and 2017 is16.45. V. FINDINGS, CONCLUSION AND SUGGESTIONS 5.1 SUMMARY OF FINDINGS • It is observed that the activity expended of the company is low related to final 12 months pastime expended by means of the company. • It is determined that the running expenses of the financial statement is high with related to the remaining year of working charges of the company • It is found that the provision and contingencies of the financial statement is low with related to the remaining 12 months of provision and contingencies of the company. • It is found that the total income of the company is high with associated to the final year of complete revenue of the company. 5.2 CONCLUSION Company Financial statement over the years has been more than a few companies. Today Indian company is below reform process. Foreign company are entering into market and private companies gaining momentum. This stage is crucial for nationalized companies like Mahindra & Mahindra. Its future depends on how it can face threats and cash on opportunities. Thinking globally considering local aspects is the need of this hour. M & M financial statement has to use its tremendous company journey to reap a robust preserve in the Indian company system and build a globally respected brand .M &M has a brilliant future as it gives higher thrust towards
  • 7. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 156 technological up gradation of its operation beside this, the financial statement has additionally hooked up. Realizing and evolving the various needs of clients the financial statement has various too, getting into several new areas such as service provider company, hire buy and leasing and digital remittance provider etc. 5.3 SUGGESTION / RECOMMENDATIONS In order to improve their monetary performance, the M&M financial statement is advised the following based on the analysis. • The financial statement must inspire and impart proper know-how about company to their staff. • The company should carry new products/ services based on the aspirations of customers. • The financial statement need to become more clients centric by using leveraging sophisticated insights to enhance hazard administration pricing, channel overall performance and consumer satisfaction. REFERENCES [1] BHADRAPPA HARALAYYA , P.S.AITHAL , PERFORMANCE AFFECTING FACTORS OF INDIAN BANKING SECTOR: AN EMPIRICAL ANALYSIS, George Washington International Law Review, Vol.- 07 Issue -01, April-June 2021, PAGE No : 607-621, Available at: http://archive-gwilr.org/wp- content/uploads/2021/06/Bhadrappa- Haralayya.pdf [2] BHADRAPPA HARALAYYA , P.S.AITHAL , TECHNICAL EFFICIENCY AFFECTING FACTORS IN INDIAN BANKING SECTOR: AN EMPIRICAL ANALYSIS, Turkish Online Journal of Qualitative Inquiry (TOJQI), Vol.- 12 Issue -03, June 2021, PAGE No : 603-620, Available at: https://www.tojqi.net/index.php/journal/article/v iew/791/242 [3] BHADRAPPA HARALAYYA , P.S.AITHAL , IMPLICATIONS OF BANKING SECTOR ON ECONOMIC DEVELOPMENT IN INDIA, George Washington International Law Review, Vol.- 07 Issue -01, April-June 2021, PAGE No : 631-642 Available at: http://archive- gwilr.org/wp- content/uploads/2021/06/Bhadrappa-Haralayya- 1.pdf [4] BHADRAPPA HARALAYYA , P.S.AITHAL ,STUDY ON PRODUCTIVE EFFICIENCY OF BANKS IN DEVELOPING COUNTRY, International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com) ,Volume: 2, Issue: 5, May 2021, Page No : 184- 194. Available at : http://irjhis.com/paper/IRJHIS2105025.pdf [5] Bhadrappa Haralayya ; P. S. Aithal . "Study on Model and Camel Analysis of Banking" Iconic Research And Engineering Journals ,Volume 4 ,Issue 11 ,May 2021 Page 244-259. Available at https://irejournals.com/paper-details/1702750 [6] Bhadrappa Haralayya and Aithal, P. S.. “Analysis of cost efficiency on scheduled commercial banks in India”. International Journal of Current Research, Volume 13, Issue 06, June 2021, pp 17718-17725 Available at: https://www.journalcra.com/sites/default/files/is sue-pdf/41580.pdf [7] Bhadrappa Haralayya and P. S. Aithal, “A Study On Structure and Growth of Banking Industry in India”, International Journal of Research in Engineering, Science and Management ,Volume 4, Issue 5, May 2021.Page no 225–230. Available at: https://www.journals.resaim.com/ijresm/article/ view/778/749. [8] Bhadrappa Haralayya, Retail Banking Trends in India ,International Journal of All Research Education and Scientific Methods (IJARESM), Volume: 9, Issue: 5, Year: May 2021, Page No : 3730-3732. Available At http://www.ijaresm.com/uploaded_files/docume nt_file/Bhadrappa_Haralayyaqscw.pdf [9] BHADRAPPA HARALAYYA, P.S.AITHAL, FACTORS DETERMINING THE EFFICIENCY IN INDIAN BANKING SECTOR : A TOBIT REGRESSION ANALYSIS", International Journal of Science & Engineering Development Research (www.ijsdr.org), Vol.6, Issue 6, June-2021, page no.1 - 6, , Available :http://www.ijsdr.org/papers/IJSDR2106001.pdf
  • 8. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 157 [10] BHADRAPPA HARALAYYA , P.S.AITHAL , IMPLICATIONS OF BANKING SECTOR ON ECONOMIC DEVELOPMENT IN INDIA, flusserstudies, Volume 30, June 2021,Page No:1068-1080, Available at: https://flusserstudies.org/archives/801 [11] BHADRAPPA HARALAYYA, P.S.AITHAL, STUDY ON PRODUCTIVE EFFICIENCY OF FINANCIAL INSTITUTIONS, International Journal of Innovative Research in Technology, Volume 8, Issue 1, June-2021 ,Page no: 159 – 164, Available: http://ijirt.org/master/publishedpaper/IJIRT1515 14_PAPER.pdf [12] BHADRAPPA HARALAYYA , STUDY OF BANKING SERVICES PROVIDED BY BANKS IN INDIA, International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com), Volume: 2, Issue: 6, Year: June 2021,Page No : 06-12, Available at : http://irjhis.com/paper/IRJHIS2106002.pdf. [13] BHADRAPPA HARALAYYA, P.S.AITHAL , ANALYSIS OF BANK PERFORMANCE USING CAMEL APPROACH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), Vol.8, Issue 5, May-2021, page no 305-314, Available at : http://www.jetir.org/papers/JETIR2105840.pdf [14] BHADRAPPA HARALAYYA, P.S.AITHAL, ANALYSIS OF BANK PRODUCTIVITY USING PANEL CAUSALITY TEST, Journal of Huazhong University of Science and Technology, Volume 50, Issue 6, June-2021 , Page no: 1 – 16, Available at: https://app.box.com/s/o71lh776opeypauvzucp9e sntjwur9zf [15] BHADRAPPA HARALAYYA, P.S.AITHAL, INTER BANK ANALYSIS OF COST EFFICIENCY USING MEAN, International Journal of Innovative Research in Science, Engineering and Technology (IJIRSET), Volume 10, Issue 6, June-2021 ,Page no: 6391- 6397, Available at: http://www.ijirset.com/upload/2021/june/97_IN TER_NC1.pdf [16] BHADRAPPA HARALAYYA, P.S.AITHAL , ANALYSIS OF TOTAL FACTOR PRODUCTIVITYAND PROFITABILITY MATRIX OF BANKS BY HMTFP AND FPTFP, Science, Technology and Development Journal, Volume 10, Issue 6, June-2021, Page no: 190-203, Available at: http://journalstd.com/gallery/23-june2021.pdf [17] BHADRAPPA HARALAYYA, P.S.AITHAL , ANALYSIS OF BANKS TOTAL FACTOR PRODUCTIVITY BY AGGREGATE LEVEL, Journal of Xi'an University of Architecture & Technology, Volume 13, Issue 6, June- 2021 ,Page no: 296-314, available at: https://www.xajzkjdx.cn/gallery/28- june2021.pdf [18] Bhadrappa Haralayya, P S Aithal, "ANALYSIS OF BANKS TOTAL FACTOR PRODUCTIVITY BY DISAGGREGATE LEVEL", International Journal of Creative Research Thoughts (IJCRT), Volume.9, Issue 6, June 2021, pp.b488-b502, Available at :http://www.ijcrt.org/papers/IJCRT2106187.pdf [19] Haralayya B. Importance of CRM in Banking and Financial Sectors Journal of Advanced Research in Quality Control and Management 2021, 6(1): 8-9 [20] Haralayya B. How Digital Banking has Brought Innovative Products and Services to India. Journal of Advanced Research in Quality Control and Management 2021; 6(1): 16-18 [21] Haralayya B. Top 5 Priorities That will Shape The Future of Retail Banking Industry in India. Journal of Advanced Research in HR and Organizational Management 2021; 8(1&2): 17- 18. [22] Haralayya B. Millennials and Mobile-Savvy Consumers are Driving a Huge Shift in The Retail Banking Industry. Journal of Advanced Research in Operational and Marketing Management 2021; 4(1): 17-19 [23] Haralayya B. Core Banking Technology and Its Top 6 Implementation Challenges. Journal of Advanced Research in Operational and Marketing Management 2021; 4(1): 25-27 [24] Nitesh S Vibhute ; Dr. Chandrakant B. Jewargi ; Dr. Bhadrappa Haralayya . "Study on Non-
  • 9. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 158 Performing Assets of Public Sector Banks" Iconic Research And Engineering Journals Volume 4, Issue, 12 June 2021, Page 52-61 Available at https://irejournals.com/formatedpaper/1702767. pdf [25] Haralayya, Dr. Bhadrappa and Saini, Shrawan Kumar, An Overview on Productive Efficiency of Banks & Financial Institution (2018). International Journal of Research, Volume 05 Issue 12, April 2018, Available at SSRN: https://ssrn.com/abstract=3837503 [26] Haralayya, Dr. Bhadrappa, Review on the Productive Efficiency of Banks in Developing Country (2018). Journal for Studies in Management and Planning, Volume 04 Issue 05, April 2018, Available at SSRN: https://ssrn.com/abstract=3837496 [27] Basha, Jeelan and Haralayya, Dr. Bhadrappa, Performance Analysis of Financial Ratios - Indian Public Non-Life Insurance Sector (April 30, 2021). Available at SSRN: https://ssrn.com/abstract=3837465. [28] Haralayya, Dr. Bhadrappa, The Productive Efficiency of Banks in Developing Country With Special Reference to Banks & Financial Institution (april 30, 2019). Available at SSRN: https://ssrn.com/abstract=3844432 or http://dx.doi.org/10.2139/ssrn.3844432 [29] Haralayya, Dr. Bhadrappa, Study on Performance of Foreign Banks in India (APRIL 2, 2016). Available at SSRN: https://ssrn.com/abstract=3844403 or http://dx.doi.org/10.2139/ssrn.3844403 [30] Haralayya, Dr. Bhadrappa, E-Finance and the Financial Services Industry (MARCH 28, 2014). Available at SSRN: https://ssrn.com/abstract=3844405 or http://dx.doi.org/10.2139/ssrn.3844405 [31] Haralayya, Dr. Bhadrappa, E-payment - An Overview (MARCH 28, 2014). Available at SSRN: https://ssrn.com/abstract=3844409 or http://dx.doi.org/10.2139/ssrn.3844409 . [32] Bhadrappa Haralayya . "Customer Satisfaction at M/s Sindol Bajaj Bidar" Iconic Research And Engineering Journals, Volume 4 ,Issue 12, June 2021, Page 157-169 Available at: https://irejournals.com/formatedpaper/1702792. pdf [33] Bhadrappa Haralayya . "Ratio Analysis at NSSK, Bidar" Iconic Research And Engineering Journals, Volume 4, Issue 12,June 2021, Page 170-182 Available at: https://irejournals.com/formatedpaper/1702793. pdf [34] Bhadrappa Haralayya . "Financial Statement Analysis of Shri Ram City Union Finance" Iconic Research And Engineering Journals, Volume 4, Issue 12,June 2021, Page 183-196 Available at: https://irejournals.com/formatedpaper/1702794. pdf [35] Bhadrappa Haralayya . "Employee Job Satisfaction at Big Bazaar" Iconic Research And Engineering Journals, Volume 4, Issue 12, June 2021, Page 197-206 Available at: https://irejournals.com/formatedpaper/1702795. pdf [36] Bhadrappa Haralayya . "Effect of Branding on Consumer Buying Behaviour at Vijay Bharat Motors Pvt Ltd, Bidar" Iconic Research And Engineering Journals, Volume 4, Issue 12, June 2021, Page 207-222 Available at: https://irejournals.com/formatedpaper/1702796. pdf [37] Bhadrappa Haralayya . "Study on Customer Perceptions Guru Basava Motors, Bidar" Iconic Research And Engineering Journals, Volume 4, Issue 12,June 2021, Page 223-231 Available at: https://irejournals.com/formatedpaper/17027972 .pdf [38] Bhadrappa Haralayya . "Study on Loans and Advances for DCC Bank Main Branch Nayakaman, Bidar" Iconic Research And Engineering Journals, Volume 4, Issue 12, June 2021, Page 232-242 Available at: https://irejournals.com/formatedpaper/1702798. pdf [39] Bhadrappa Haralayya . "Work Life Balance of Employees at Karanja Industries Pvt Ltd, Bidar" Iconic Research And Engineering Journals, Volume 4, Issue 12, June 2021, Page 243-254 Available at:
  • 10. © JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880 IRE 1702836 ICONIC RESEARCH AND ENGINEERING JOURNALS 159 https://irejournals.com/formatedpaper/1702799. pdf [40] Bhadrappa Haralayya . "Working Capital Management at TVS Motors, Bidar" Iconic Research And Engineering Journals, Volume 4, Issue 12, June 2021, Page 255-265 Available at: https://irejournals.com/formatedpaper/1702800. pdf [41] Haralayya, Dr. Bhadrappa, Testing Weak Form Efficiency of Indian Stock Market – An Empirical Study on NSE (April 30, 2021). Emerging Global Strategies for Indian Industry (ISBN: 978-81-910118-7-6), 2021, Available at SSRN: https://ssrn.com/abstract=3837488 [42] Haralayya, Dr. Bhadrappa, Top 10 Ways to Improve the Communication Skills (JUNE 20, 2016). Available at SSRN: https://ssrn.com/abstract=3844410 or http://dx.doi.org/10.2139/ssrn.3844410 [43] Haralayya, Dr. Bhadrappa, Multi-Inter-Trans Disciplinary Research Towards Management and Commerce (July 25, 2016). Available at SSRN: https://ssrn.com/abstract=3847404