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Last 5 Years Trend Analysis Report of a Company

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“RATIO ANALYSIS AND COMPARATIVE BALANCE SHEET OF BHUSHAN STEEL”

PROJECT REPORT

Executive Summary
Every countries economic condition depends upon the performance of its Industry. How the investors are interested in it as it will help in the increment in the flow of foreign exchange. A sound and well performing industry will always attract investors as it will give them a return in a less time period. But it is not easy for a layman to understand or to properly analyze the performance of the company.
To understand the performance of any company we have to do financial statement analysis. Ratio analysis is a widely used tool of financial analysis. It is defined as the systematic use of ratio to interpret the financial statements so …show more content…

The two Singal brothers, Sanjay Singal and Neeraj Singal have decided to part ways with Neeraj joining hands with their father and chairman of the group Brij Bhushan Singal.

Neeraj and father BB Singal would control Bhushan Steel & Stripes (BSSL), a BSE-listed company, while elder brother Sanjay would get the unlisted group company Bhushan Power and Steel (BPSL).

The split was basically between the father and the elder son, with younger son, Neeraj sided with his father. Sanjay is now the chairman and managing director of BPSL, according to the updated website.
The two companies are run independently by separate managements. There is no cross-holding between BPSL and BSSL and there isn`t any sharing of business or assets. BB Singal, the founder of the group, was initially into the melting business and had units running in Punjab`s Gobindgarh region. Later, he bought small units in Chandigarh, and in early 1970s, set up units to manufacture wire rods in Chandigarh.

Industry insiders say once elder son Sanjay joined his father, the businesses grew faster. The company upgraded its operations in Chandigarh and even stepped out of its home turf to expand business and started plants at Sahibabad, an industrial area near Delhi, Kolkata, Nepal and Khopoli in Maharashtra.

Though the family agreed to the split, the bone of contention was on the valuation. Bhushan Power and Steel (BPSL) constituted just about 25% of the group`s turnover till a couple of

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