INFERENCE: The above graph shows the sales from 2010-11 to 2013-14. It can be inferred that the sales of the company has been increasing from year to year. In the year 2011-12 it has increased by the extent of 13.92% as an incremental growth. The increase in sales increases the profits of the company. Hence the company has done well in 2011-12 due to increased demand for company’s products.
This indicates that company’s operations are becoming capital intensive as it is growing on its expansion path. On the other hand, it has witness declining tax rate due to which there is an increase in Net Income. • Company has posted good consistent profit growth of 26.8% over last 5 years and has achieved highest ever-quarterly Net sales of INR 104.25 crores, registering a growth rate of 32.9%. Company has achieved ROE of 18% over last 5 years. Moreover, company has rewarded shareholders by paying regular dividends and had announced interim dividend at 35% in current year.
The little increase in net sales compare to the prior year falls at 1.6%. The short growth is due to the decrease in operating income, additional property investments and equipments acquisitions. ROI falls at 17% in 2014 and 18.1% in 2013. ROA declines as well from 8.9% going down to 8.1%. Investment in pricing affected the total performance of 2014.
As Chinese sector of textile has 3% wastage only as compared to the textile sector of Pakistan which has 10% of the wastage, increasing the costs of doing business considerably making profits for textile industry to shrink. A great opportunity lies in this area for all to develop and advance. • Along with the quilt covers or bed sheets they can offer matching curtains and matching cushion covers and mats as well. • The weaknesses of other competitors can be attacked along with their products’ by keeping them back and off the balance. • They should be hiring more foreign designers if possible from around the globe in order to envisage more designs and to bring in new and different
Famous textile is one of the premier textile manufacturing and exporter unit in Surat. It is partnership firm where 4 partner runs the entire business. The name of the partners of the famous textile are Mr.haribhai kukadia, Mr.kurjibhai kukadia, Mr.Dineshbhai kukadia and Mr.jagdishbhai kukadia(son of Mr.haribhai kukadia). Mr.kurjibhai and Mr.dineshbhai runs entire manufacturing unit which is located at kim, while Mr.haribhai and his two son Mr.jagdishbhai and Mr..kishorbhai runs its head office and doing all export related transactions. It also producing and exporting fashion scarve.
The auto sector accounts for 4 per cent of the total FDI Inflows (in terms of US $) in India. According to the recent data released by Society of Indian Automobiles Manufacturers (SIAM) India’s scooter and motorcycle manufacturers have registered 4 per cent growth during April-November, 2012. The Global and Indian manufacturers are focusing their efforts to develop innovative products, technologies and supply chains. India is one of the key markets for Global Manufacturers for hybrid and electronic vehicles, which is the new development in automobile sector. With a turnover of almost $59 Million US Dollars, Automobile industry Provides employment to 13 million people in the India Work-class.
1. OVERVIEW OF TEXTILE INDUSTRY IN GUJARAT Introduction: The textile industry is mainly concerned with the production of yarn and cloth, then its fraudulent design, cloth manufacturing and finally its distribution. Textile industries use either natural raw material or the synthetic using products that are manufactured by chemical industry. Indian textile industry is one of the leading textile industries in the world, but the situation was not the same before 1991. After the liberalisation policy of Indian economy in 1991, the scenario changed and this opening up gave a starting fire to the Indian textile industry which has now become one of the largest textile industries in the world.
Hence, it was not possible to calculate the share exchange ratio for which the deal can be accretive. Conclusion The current synergies for the deal are calculated to be Rs. 461 cr. For the deal to be accretive and attractive, it is mandatory to realize synergies worth Rs. 630 cr.