Financial Statement of Maruti Suzuki Ind. Ltd.

1. PRESENTATION
ON
MARUTI SUZUKI IND. LTD.
Created By
Pardeep

4. INTRODUCTION
Maruti Suzuki India Ltd. is an automobile
manufacturer in India . It is a subsidiary of
Japanese automobile and motorcycle manufacturer
Suzuki. As November 2012, it had a market share
of 37% of Indian passenger car markets. Maruti
Suzuki manufacturers and sells a complete range
of cars from the entry level Maruti 800, Alto, Ritz,
Celerio, A-star, Swift, Wagon R, Zen and Omni etc.

5. KEY POINTS
Type - Public
Industry - Automotive
Founded - 1981
Headquarters - New Delhi, India
Chairman - R.C. Bhargava
CEO and MD - Kenichi Ayukawa
Product - Automobiles

6. Parent - Suzuki
No. of employees - 6903 (2011)
Revenue - ₨ 43272 crore (US$
6.8 billion) (2013-14)
Net Income - ₨ 2469 crore (US$
390 million)(2013-14)
Slogan - Count On Us

7. BOARD OF DIRECTORS
Mr. Kenichi Ayukawa
CEO and
MD Mr. R. C. Bhargava
Chairman
Directors
Mr. Shigetoshi Torii Ms. Pallavi ShroffMr. Kazuhiko Ayabe

8. BRIEF HISTORY
• Maruti Udyog Ltd (MUL) was established in 1981.
• In 1982, a license & joint venture agreement signed
between MUL and Suzuki of Japan.
• Actual production commenced in 1983 with named
Maruti 800.
• Mr. Harpal Singh was the first owner of Maruti car
which initial price is ₨ 47,500.

9. VISION AND CORE
VALUES
 Customer obsession
 Fast, Flexible & First Mover
 Innovation & Creativity
 Networking & Partnership
 Openness & Learning

10. THE OBJECTIVES
 Modernization of the Indian Automobile Industry.
 Production of fuel-efficient vehicles to conserve
scares resources.
Production of large number of motor vehicles which
was necessary for economic growth.

11. ACHIEVEMENTS
 Maruti Suzuki has been ranked 1st in
customer satisfaction eight years in a row
from 2000-07.
 The company has been rated amongst the
top five manufacturers in Forbes World’s
most Reputed Companies List, 2006.
 The company’s record stands at 7 million
Cars manufactured to date that is more than
two-third of all cars on Indian roads.

12. EXPORTS
 Maruti Suzuki limited is a subsidiary of Maruti Suzuki
with its major focus on exports and it does mot operate
in domestic market.
 The first commercial consignment of 480 cars were
sent to Hungary.
 Government encourage to do export to this company.
 Every political party expected Maruti to earn Foreign
currency.
 Europe, Kenya, Nepal, Sri Lanka, Uganda and Chile
are some markets served by Maruti Exports.

13. PRODUCTS

14. PRODUCTS
Maruti 800 first car of the company
Maruti 800 is a small city car that
was manufactured by Maruti Suzuki
in India from 1983 to 18 January 2014
Dimensions and weights
 Overall length: 3,340 mm (131.5 in)
 Overall width: 1,440 mm (56.7 in)
Capacities
 Seating capacity: 5 persons maximum

15. MAJOR COMPETITORS
 Hyundai Motor India Ltd.
 Tata Motors
Hindustan Motors
Mahindra & Mahindra
Toyota

19. FINANCIAL
ANALYSIS

20. BALANCE SHEET

21. PROFIT & LOSS ACCOUNT

22. CASH FLOW STATEMENT

23. CASH FLOW ANALYSIS
2887.4 2819.4
2229.4
4384.2
4903.5
-4783.3
343
-2918.3
-3574.1
-4892.9
55.1
-752.1
616.5
-966.3 -65.9
-6000
-4000
-2000
0
2000
4000
6000
Jan-10 Jan-11 Jan-12 Jan-13 Jan-14
Operating
Investing
Financing

24. COMPARATIVE BALANCE SHEET
Particulars March 31,
2013
March 31,
2014
Absolute
Change
Percentage of
change
ASSETS
Current Assets 7868.30 7006.00 (862.30) (10.95)%
Non-Current
Assets
18819.70 23529.70 4710.00 25.02%
Total Assets 26688.00 30535.70 3847.70 14.42%
LIABILITIES
Current
Liabilities
6719.90 7872.60 1152.70 17.15%
Non-Current
Liabilities
1389.20 1685.10 295.90 21.30%
Equity 18579.90 20978.00 2398.10 12.91%
Total Liabilities
& Equities
26688.00 30535.70 3847.70 14.42%

25. TREND ANALYSIS
Particulars March 31, 2013 March 31,2014
ASSETS
Current Assets 7868.30 100 7006.00 89.04
Non-Current
Assets
18819.70 100 23529.70 125.03
Total Assets 26688.00 100 30535.70 114.41
LIABILITIES
Current
Liabilities
6719.90 100 7872.60 117.15
Non-Current
Liabilities
1389.20 100 1685.10 121.30
Equity 18579.90 100 20978.00 112.90
Total Liabilities 26688.00 100 30535.70 114.41

26. COMMONSIZE BALANCE SHEET
Particulars March 31, 2013 March 31, 2014 2013 2014
ASSETS
Current Assets 7868.30 7006.00 29.48% 22.94%
Non-Current
Assets
18819.70 23529.70 70.52% 77.06%
Total Assets 26688.00 30535.70 100% 100%
LIABILITIES
Current
Liabilities
6719.90 7872.60 25.17% 25.78%
Non-Current
Liabilities
1389.20 1685.10 5.20% 5.52%
Equity 18579.90 20978.00 69.63% 68.70%
Total Liabilities
& Equities
26688.00 30535.70 100% 100%

27. CURRENT RATIO
Current Ratio = Current Assets/ Current Liabilities
In year 2010 2011 2012 2013 2014
Current
Ratio
1.02 1.58 1.33 1.17 0.88

28. CURRENT RATIO SITUATION
1.02
1.58
1.33
1.17
0.88
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2010 2011 2012 2013 2014
Current Ratio
Current Ratio

29. QUICK RATIO
Quick Ratio = Quick Assets/Current Liabilities
Quick Assets= Current Assets – Inventory – Prepaid
Exp.
Years 2010 2011 2012 2013 2014
Quick Ratio 0.67 1.26 1.03 0.89 0.67

30. QUICK RATIO SITUATION
0.67
1.26
1.03
0.89
0.67
0
0.2
0.4
0.6
0.8
1
1.2
1.4
2010 2011 2012 2013 2014
Quick Ratio
Quick Ratio

31. DEBT-EQUITY RATIO
Debt Equity Ratio = Debt/ Shareholders fund
Debt = All long term debts whichever secured or
unsecured
Shareholder’s fund = Equity capital + Preference capital
+ Reserves & Surplus
Years 2010 2011 2012 2013 2014
D.E. Ratio 0.03 0.01 - 0.02 0.02

32. DEBT EQUITY POSITION
0.03
0.01
0
0.02 0.02
0
0.005
0.01
0.015
0.02
0.025
0.03
0.035
2010 2011 2012 2013 2014
D.E. Ratio
D.E. Ratio

33. INVENTORY TURNOVER RATIO
I.T. Ratio = Cost of goods sold/ Average Stock
C.O.G.S. = O.S + Purchases + D.E. – C.S.
Average Stock = ( opening stock + closing stock) / 2
Year 2010 2011 2012 2013 2014
Ratio 30.47 25.88 19.81 23.68 25.62

34. INVENTORY TURNOVER POSITION
30.47
25.88
19.81
23.68
25.62
0
5
10
15
20
25
30
35
2010 2011 2012 2013 2014
Inventory Turnover Ratio
Inventory Turnover Ratio

35. PROFITABILITY RATIOS
O.P. Ratio = Operating Profit / Net sales *100
G.P. Ratio = Gross Profit/ Net sales*100
N.P. Ratio = Net Profit/ Net sales*100
Years 2010 2011 2012 2013 2014
O.P. Ratio 12.74 9.93 7.06 9.7 11.66
G.P. Ratio 9.93 7.16 3.86 5.43 6.89
N.P. Ratio 8.34 6.16 4.49 5.38 6.25

36. PROFITABILITY POSITION
12.74
9.93
7.06
9.7
11.66
9.93 7.16 3.86 5.43 6.89
8.34
6.16
4.49
5.38
6.25
0
2
4
6
8
10
12
14
2010 2011 2012 2013 2014
Operating Profit Ratio
Gross Profit Ratio
Net Profit Ratio

37. DIVIDEND ANALYSIS
83.15
79.21
56.6
79.19
92.13
8.09 9.46 13.25 11.82 13.02
0
10
20
30
40
50
60
70
80
90
100
2010 2011 2012 2013 2014
E.P.S
Divident Payout
Year 2010 2011 2012 2013 2014
E.P.S 83.15 79.21 56.60 79.19 92.13
Dividend
Payout
8.09 9.46 13.25 11.82 13.02
E.P.S /
DIVIDENT
PAYOUT

38. COMPOUND ANNUAL GROWTH RATE APPROACH
P = 11690.60
A = 20827.00
t = 5 years
A = P[1+r/100]^t
20827.00 = 11690.60[ 1+r/100]^5
20827.00/11690.60 = [1+r/100]^5
Years 2010 2011 2012 2013 2014
Reserves &
Surplus
11690.60 13723.00 15042.90 18427.90 20827.00

39. 1.78 = [1+r/100]^5
By solving this
r = 12.2%
Now it can be say that
The Compound Annual Growth Rate of
Maruti Suzuki India Ltd.
in previous 5 year is 12.2%.