Hexaware Technologies - Financial Statement Analysis

Contents Introduction 3 Base Data 3 Financial Data Analysis 3 Trend and Growth Analysis 3 Common Size Analysis 3 Ratio Analysis 4 Profitability ratios, 4 Solvency ratios 4 Activity Ratios 4 Du-Pont Analysis 5 Qualitative details of the financial report data 5 Chairman’s letter highlights 5 Directors’ report highlights 5 Management Discussion and Analysis 5 Auditor’s report highlights 6 Significant Accounting Policies 6 Revenue Recognition 6 Depreciation 6 Foreign Currency Transaction /Translation 6 Key Observations 7 Reference 7 Introduction Hexaware Technologies’ is engaged in the business of providing software application, development, maintenance, re-engineering, consultancy, business process outsourcing†¦show more content†¦Ã¢â‚¬ ¢ Hexaware ranked 18th in the NASSCOM Top 20 IT Software and Services Exporters from India (2008-2009). †¢ Hexaware has ranked among the Top 20 Best IT employers in India by DQ-IDC for five years in a row. †¢ Hexaware was presented the CIO 100 Ingenious award by IDG at the 4th Annual CIO 100 Symposium and Awards Ceremony. Directors’ report highlights †¢ Even though Income from operations dipped by 9.8% overall to Rs. 10,385.62 million in 2009 from Rs. 11,519.14 million in 2008, Operating profit grew by 88.5% to Rs. 1,687.64 million in 2009 from Rs. 895.32 million in 2008 due to reduction in expenses. †¢ The 10% depreciation of the Rupee against the Dollar led to increase in loss on forward contracts which had been taken in 2007. †¢ During the year 2009, there was no exercise of warrants / options under any Employee Stock Option Schemes. Management Discussion and Analysis †¢ Company has repeat-business of approximately 96.90% emphasizing the extent of client relationships. †¢ 30% of the active customers contribute more than USD I million per client on a trailing twelve month basis. In addition, 30% of the active customers appear on Fortune500 /Show MoreRelatedGroup 4 Final Simulation Report13740 Words   |  55 Pages......................................................................... 7 2.1 Week-wise Progress Report ................................................................................................................ 7 2.2 Week-wise Simulation Analysis ....................................................................................................... 10 2.3 Unexpected loss and gain from NEPSE and BSE............................................................................. 17 2.4 Basis of