1.      Company: Tata Steel Limited

Stock exchanges on which it is listed:

(a)   London Stock Exchange : TTST

(b)   Bombay Stock Exchange: TATASTEEL

(c)    National Stock Exchange: TATASTEEL

 

Key Elements required

2017

2016

2015

Total Equity raised

51,934.01   

48,912.38 

52,464.31

Net debt raised

21,966.77

25,447.37

27,895.47

Debt to equity ratio

0.44

0.50

0.53

Dividends paid

776.97

776.97

776.97

·         All the data mentioned is in INR crore

Analysis

(I)                 As seen from above company is raising more capital from Equity rather than debt over the years. This shows that shareholders hold a large amount of share in the company.

The company is using the capital to increase its assets.

(II)               The dividend paid by the company has remained same over the last three years.

                   Source: Tata Steel annual Report.           http://www.tatasteel.com/media/3669/integrated-report-and-annual-accounts-2016-17.pdf

2.      Mahindra & Mahindra Limited

Bombay Stock Exchange: M&M

National Stock Exchange: M&M

London Stock Exchange: MHID

 

Source:  Money Control.com

 

Key Elements

2017

2016

2015

2014

2013

Total Equity

25,669.56

21,696.40

19,244.30

16,780.40

14,648.08

Net debt raised

2,737.43

1,843.55

2,620.38

3,745.16

3,227.07

Debt to equity

0.11

0.1

0.14

0.22

0.22

Dividends paid

720.92

745.31

745.31

862.25

798.17

·         All the data mentioned is in INR crore

Analysis:

1.      It can be clearly seen that company is relying on more and more equity as debt to equity ratio is decreasing consistently.

2.      The company’s dividend policy has been in general consistent.

3.      Housing Development finance corporation

 

Bombay Stock Exchange: HDFC

National Stock Exchange: HDFC

London Stock Exchange: HDFCBX

 

Key Elements

2017

2016

2015

2014

2013

Total Equity

89,462.35

72,677.77

62,009.42

43,478.63

36,214.14

Net debt raised

717,668.53

599,442.66

496,009.20

406,776.47

329,253.58

Debt to equity

8.022

8.25

7.99

9.355

9.09

Dividends paid

0.00

2,401.78

2,005.20

1,643.35

1,309.08

·         All the data mentioned is in INR crore, Source: Money Control.com

Analysis:

1.      As we can see it raises more funds through Debt than Equity.

2.      It didn’t pay dividends to its shareholders in the current financial year.

IV   INFOSYS

Bombay Stock Exchange: INFY, National Stock Exchange: INFY

Key Elements

2017

2016

2015

2014

2013

Total Equity

68,017.00

57,157.00

48,068.00

42,092.00

36,059.00

Net debt raised

0

0

0

0

0

Dividends paid

5,915.00

5,570.00

5,111.00

3,618.00

2,412.00

All the data mentioned is in INR crore , Source:  Money Control.com

·          

Analysis:

1.      It can be seen that Infosys doesn’t raise capital through debt

2.      It pays large amounts of dividends to its shareholders.

V     Ashok Leyland

Bombay Stock Exchange: ASHOKLEY, National Stock Exchange: ASHOKLEY

Key Elements

2017

2016

2015

2014

2013

Total Equity

6,126.07

4,492.33

4,096.89

3,273.96

3,158.46

Net debt raised

1,344.96

1,984.38

2,591.34

3,883.91

3,504.82

Debt to equity

0.22

0.45

0.63

1

1

Dividends paid

325.40

270.36

128.06

0.00

159.64

All the data mentioned is in INR crore , Source:  Money Control.com

Analysis:

1.      It raises funds equally through Debt and Equity.

2.      It is paying generally a consistent amount of dividend except in the year 2014.

Combined Analysis:

1.      DEBT& EQUITY: Except HDFC all other companies raises funds through Equity. Another exception is INFOSYS which doesn’t raise any DEBT.

2.      DIVIDENDS: Generally all the companies are paying consistent dividend except Ashok Leyland & HDFC which didn’t pay for one year each.