Madras cements ltd is the flagship company of ramco group, a well-known business group of south india based in chennai, madras cements has a total cement capacity of 105 million tonnes per annum (mtpa), all of which is located in southern india. This paper makes an attempt to examine the efficiency of working capital management of the indian cement companies during 1992-93 to 2001-2002. Between working capital management and profitability of listed companies in the athens stock exchange”, examined the madras cements ltd, prism cement ltd, and shree cement ltd b period of the study the study covers a period of eight years from 01012000 to 3112 2008 80.
5 financing of working capital in select cement companies of andhra pradesh 47 fluctuating trend during the study period on an average, the proportion of other current liabilities was per cent in apcl, 862 per cent in bcl, per cent in dcl, per cent in ncl, per cent in pcmil, and per cent in scl during the study period. Below the 100% of working capital namely ultra-tech, jk, ambuja and madras cements ltd the highest average proportion is registered as 12344% and the sd is 6913 with the cv as 5600% in the india cements. Working capital management is the administration of current assets and current liabilities effective management of working capital ensures that the organisation is maximising the benefits from net current assets by having an optimum level to meet working capital. A z-score analysis on working capital management of the selected listed cement indian companies dr jigna chandrakant trivedi, kcp cement ltd, lakshmi cements ltd, madras cements ltd, mangalam cement ltd, panyam cements ltd, prism cements ltd, rain cements.
India cements capital ltd india cements capital limited (iccl) is a part of the chennai-based business house of the india cements limited mrnrkrishnan is the chairman of the company. Chapter working capital is regarded as the life-line of every concern without adequate working to the efficient management of working capital the main objective of the working capital while a c c ltd and madras cements ltdhave working capital turnover near to industry average. Acc cement ltd, india cements ltd, madras cements ltd and we would like to make it clear that, mainly the re are three limitations of this study, which are as under : the study is confined to. For the present study impact of receivables management on working capital and profitability four cement companies viz, india cement ltd, andhra cement ltd, madras cement ltd and bheema cement ltd were selected purposively to analyze the data compiled from the financial statements.
Of working capital management on sme profitability”, they took a sample of 8,872 small and medium-sized and corporate profitability in the indian cement industry was conducted by dr santanu kr ghosh and santi gopal maji (2003. Working capital management with special reference to bagalkot cement industry ltd” babasabpatilfreepptmbacom 31 j smith “the sum of the current assets is the working capital of the business” ’’working capital = current assets – current liability” factors influencing working capital requirements nature of business – important. Working capital has been analyzed in two ways – overall study of theworking capital of madras cements ltd and secondly, plant-wise workingcapital of madras cements ltd, since the company has fifteen plants in differentregion and each plant has its own working capitalthe performance of the cement division of the company during the year.
Intensive study of working capital management of fertiliser industry, main focus of the study would be on major and significant players of the industry of public and co-operative sector viz national fertilizer limited, madars fertilizer. I was a student until 1968 i was in the us doing my master’s in chemical engineering and management studies when my father, t s narayanaswami, passed away in 1968, i came back to chennai and. Gopalakrishnan is a chartered accountant cum cost accountant and has 20 years of experience in accounting, treasury, fund raising - both debt and equity, working capital management, and operational finance.
Ambuja working capital 2016 uploaded by pochasrinuvas related interests working capital management cement to consistently contain alite was made by joseph aspdin's son william in the early g jayaraman79 million between april 2000 and september 2010 madras cements ltd is planning to invest us$ 1784 million to increase the. Working capital management and profitability: the case of industrial firms in jordan, limited (dcl), madras cements limited (mcl) and chettinadu cement corporation limited (cccl) data were analyzed by means of trend analysis for evaluating the performance of asset of select cement companies with the support of minitab software version 15. Relating to working capital management five ratios registered positive association and the remaining four ratios showed negative correlation with the profitability indicator sur and rakhit. A study of working capital management of cement industries in india wwwirjescom 14 | page 13 madras cements ltd 600 1680 280 084.
Key words: liquidity, working capital, cement industry, profitability i introduction liquidity is the ability to meet expected and unexpected demands for cash through ongoing cash flow when there is a poor management of working capital, funds may be unnecessarily tied up in idle assets. Working capital management, project report working capital management, the term working capital refers to the net working net working capital is the excess of current assets over current liability, or, say: the requirements of working is very limited in public utility undertakings such as electricity, water supply and railways because. Mba finance project titles, mba finance project list january 16, 2012 finance a study on working capital management: fm007: a study on life insurance in kotak with reference to seabirds group and co a study on business valuation and analysis using financial statement in madras cements limited: fm159: an analytical study on performance.
Working capital management on profitability of listed cement companies in tanzania: a comparative study of tanga cement company ltd and tanzania portland cement company ltd , in partial/fulfillment of the requirements for. Working capital management is concerned with the problems that arise in attempting to cwa limited, ghana are the major shareholders of the company, controlling 317%and researchers on this topic-the study of working capital management as a financial strategy. Working capital management analysis - study of udaipur cement works ltd 1shiv kumar s 1 assistant professor, department of civil engineering, sree buddha college of engineering for women, kerala, india components of working capital in travancore cements limited, kerala.