A Study on Ratio Analysis for JMC Projects Ltd
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Date
2016-10-15T12:38:54Z
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Abstract
Financial statements are prepared primarily for decision-making. They play a dominant role in
setting the framework of managerial decisions. Financial analysis is defined as “the process of
identifying the financial strengths and weaknesses of the firm by properly establishing
relationship between the items of the balance sheet and the profit and loss account.” Ratio
analysis is one of the powerful tools of financial analysis. It indicates a quantitative relationship
between the figures and group of figures which are used for evaluation and decision making.
JMC Projects(India) limited(JMC) was incorporated on 5th June,1986 as Civen Construction
Private Limited, subsequently the name was changed to Joshi &Modi Construction Private
Limited on 10th December ,198 and to JMC Projects (India)Private Limited on 21st January,
1994, thereafter converted into Public Private Limited on 4th February, 1994 under the name
JMC Projects (India) Ltd.
The company was popularly known as JMCPL among the corporate clients. In order to capitalise
on the same, the company changed its name to JMC Projects (India) Ltd.
The company entered the field of Industrial construction with the prime motive of servicing
reputed clients with very high quality of construction work. The company has achieved
substantial growth during the last 3 years and is one of the leading construction companies in
Gujarat. It has registered as class „Contractors The list of prestigious clients includes Tata
telecom Ltd, Videocan International Ltd, Videocan Narmada Electronics Ltd.The company tends
to enter real estate business as part of its diversification programme.
2005 -JMC Projects (India) Ltd Issues Rights in the Ratio of 3:2
-JMC Projects India Ltd has informed that the Board of Directors of the Company at its meeting
held October 31, 2006 has accepted and approved the resignation of Mr N K Patel, Non-
Executive & Independent Director.
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A Study on Ratio Analysis for JMC Projects Ltd, Tejaswani Pathak, 13vfc24117