Lets Build Better Roads

PREFACE
As per the course of MBA prescribed by H.N.G University Practical project work
is an essential element for coming MBA postgraduates. The theoretical study is
important, but with Practical knowledge, because the Practical experience teaches
us the way of operation. The objective of preparation of project report is to
apply practical knowledge about financial analysis through ratio analysis of
company.
We have given detail about real business situation and their different important
terminology to get easy & suitable understanding & interpretation of the financial
statements of the company.

Place:
S.K School of business management,
Hemchandracharaya North Gujarat University,
Patan (Gujarat)

S.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Lets Build Better Roads

ACKNOWLEDGEMENT
My sincere acknowledgement to APOLLO EARTHMOVERS LIMITED for
giving me a valuable opportunity to work with them. This project report is
dedicated to all the people, whom I met, took guidance, talked and gained
knowledge from them.

I am indebted and whole-heatedly thankful for the assistance received from

various individuals in making this project a success. I have no words to
express my gratitude towards those who were constantly involved with me
throughout my wonderful experience working with the project on Ratio
Analysis.

I would specially like to thank Mr. Vishal Suthar (HR Manager) for giving
me golden chance of internship at APOLLO EARTHMOVERS LIMITED.

I am highly indebted to Mr. Bharat Dave (Accountant) for their guidance

and constant supervision as well as for providing necessary information
regarding the project & also for their support in completing the project.

I would like to express my gratitude to my college S.K.School of Business

Management & my faculty member for giving me the opportunity of
making project report as a part of summer internship so as to learn the
various aspects on practical basis.

S.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Lets Build Better Roads

DECLARATION
I, kuldip Prajapati, hereby declare that the report for Summer Training Project
entitled for Ratio analysis of APOLLO EARTHMOVERS LIMITED for past four
years is result of my own work and my indebtedness to other work publications,
references, if any, have been duly acknowledged.
Place: PATAN
Date: 6/7/2015

S.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Kuldip Prajapati

Lets Build Better Roads

EXECUTIVE SUMMARY
The company Gujarat Apollo earth movers ltd. was incorporate on 7th
October 1986. In the settle of Gujarat Apollo equipment Ltd. received the
certificate of commencement of business from the register of companies
Gujarat 11th November 1986.
They sales their products by sources of marketing. They give advertisements
in newspapers, Internets, TV, magazines etc. But they sales directly to the
dealers. Dealers are sales to the customer s and government of India.
Companies products Paver finisher, wet mix plant, bitumen pressure
distributor front-end loader etc. all the products specially designed to suit the
typical Indian sight condition.
Research department research the quality and feature of the product then
launching of it in the market then go for advertise because dealer know
easily that product.

Here research and development department is separate so product research is

become easy in this department.

S.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Lets Build Better Roads

Objective of preparing project report subjected on Ratio Analysis of

APOLLO EARTHMOVERS LTD at Mehsana unit give us complete

Review and analysis of current trend acquainted in the finance section. The
initial part of this report contains the brief information about the
organization, type and different activities involved in formulation of finance.
The core project areas, which have been focused, are benefits, finding and
suggesting advance technique to improve the Ratio analysis measures.
It helps in providing a comparative study of various business concerns.
It makes it easy to grasp the relationship between various items and helps in
understanding the financial statement. Ratio analysis is a facility of the
compression of financial statement and thereby evaluation of several aspect
such as financial health, profitability and operational efficiency.

S.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Lets Build Better Roads

CONTENTS

Ch.No.

Sub.Point Contents

Page No.

Preface
Acknowledgement
Declaration
Executive Summary
1
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8

Introduction of company
History Of The Company
Development Of The Company
Company Profile
Board of Directors
Size & Form Organization
Expertise
Quality Policy
Pricing Policy

1
2
6
8
10
11
12
13
14

2.1
2.2
2.3

Information of Finance Department

Meaning
Structure & Function
Accounting Process

15
16
16
18

S.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Lets Build Better Roads

2.4
2.5

Financial Information
Accounting Policy

19
21

6.1
6.2
6.3
6.4
6.5
6.6
6.7
6.8
6.9

Balance Sheet
Profit and Loss A/c
Research Methodology
Ratio Analysis
Meaning
Objective of Ratio
Advantages of Ratio Analysis
Disadvantage of Ratio Analysis
Liquidity Ratio
Asset Turnover Ratio
Finance Structure Ratios
Profitability Ratio
Valuation Ratio

26
28
30
33
34
35
38
39
41
45
56
62
70

SWOT Analysis
Conclusion
Bibliography

77
79
80

3
4
5
6

7
8
9

S.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.