Presented By:

Mamta kumari Sah

Yamini Yadav

M.com II

Trent analysis is useful and significant to

following different users :

# Finance Manager

# Top Management

# Trade Creditors

# Investors

# Others.

To study the financial performance of AshokLeyland; and

To show the financial health of the firm by trendanalysis of last five years.

In the light of the above framed objective followinghypotheses are set to arrive at appropriateconclusion and findings.

The financial performance of Ashok Leyland showsa growing(upward) trend.

Profit and loss A/c:

2011 2012 2013 2014 2015

total revenue 100% 114.61% 110.31% 88.62% 121.54%

0%

20%

40%

60%

80%

100%

120%

140%

Tre

nd

%

2011 2012 2013 2014 2015

expenses 100% 116.03% 111.88% 92.34% 124.28%

0%

20%

40%

60%

80%

100%

120%

140%

Tre

nd

%

2011 2012 2013 2014 2015

earning per share 100% 86.05% 58.70% 11.37% 55.15%

0%

20%

40%

60%

80%

100%

120%

Tre

nd

%

2011 2012 2013 2014 2015

Deprection 100% 131.92% 142.38% 140.98% 155.68%

0%

20%

40%

60%

80%

100%

120%

140%

160%

180%

Tre

nd

%

2011 2012 2013 2014 2015

share capital 100% 200% 200% 200% 213.92%

0%

50%

100%

150%

200%

250%

Tre

nd

%

Share Capital

2011 2012 2013 2014 2015

Reserve & surplus 100% 102.92% 109.37% 109.18% 126.21%

0%

20%

40%

60%

80%

100%

120%

140%

Tre

nd

%

Reserve & surplus

2011 2012 2013 2014 2015

Fixed assets 100% 109.41% 119.61% 117.02% 107.69%

90%

95%

100%

105%

110%

115%

120%

125%

Tre

nd

%Fixed Assets

2011 2012 2013 2014 2015

Investments 100% 124.75% 190.05% 226.80% 215.35%

0%

50%

100%

150%

200%

250%A

xis

Tit

le

Investments

Following conclusion can be drawn after analyzing the balance sheet and profit &

loss a/c :

The hypotheses stated above is partly accepted and party rejected as the company is

not showing upward trend.

Year 2013 was not a good year for the company as is there was a major fall in its

fixed assets, total revenue and earnings per share.

Increase and decrease in earnings per share was largely depended on the net profit of

the company.

The share capital was constant from year 2011 to 2014 but it was increased in year

204-15 .

Increase in deprecation is because of acquisition of new assets or modification in

existing assets.

The study was limited to only 5 years.

The study was purely based on secondary data which were

taken from the annual report of the company.

The study is based on the past records

Websites

http://www.ashokleyland.com

www.moneycontrol.com

http://financial-dictionary.thefreedictionary.com

http://wiki.answer.com

Book:

T.S Grewal “Analysis of financial statements”, sultan chans & sons, 2006