Business Organisations

Overview of Selected Indian Companies

Objective
After going through this lesson, you shall be able to understand the following concepts:

• Corporate history of some selected Indian companies
• Their management teams
• Achievements of those companies
• Market and financial performance of those companies

 
The Companies we will discuss about in this unit are as follows:

• Adani Ports and Special Economic Zone Ltd
• Asian Paints ltd.
• Axis Bank ltd.
• Bajaj Auto ltd.
• Bharti Airtel ltd.
• Bharat Petroleum Corporation Ltd.
• Cipla Ltd.
• Coal India Ltd.
• Dr. Reddy’s Laboratories Ltd.
• GAIL (India) Ltd.
• HDFC Bank Ltd.
• ICICI Bank Ltd.
• Indian Oil Corporation Ltd.
• Infosys Ltd.
• ITC Ltd.
• Larsen & Toubro Ltd.
• NTPC Ltd.
• Oil & Natural Gas Corporation Ltd.
• Power Grid Corporation of India Ltd.
• Reliance Industries Ltd.
• State Bank of India
• Tata Sons Limited
• Wipro Ltd.

 
Introduction
Through a company overview, one can acquire vital business intelligence about an organisation. What businesses it deals into, what are its key products, what processes it follows, who are its customers and suppliers, what is its major competition.
These data are studied by various individuals to provide solutions to some critical problems a business may face in future or currently facing. Mostly the following types of analysts require this data;

• Budget Analysts for forecasting and maintaining profitability of the business
• Financial Analysts for security, investment and equity analysis.
• Management Analysts for increasing the overall efficiency.
• Market Research Analysts for increasing market share and studying customer needs.

Now let us understand what factors are usually considered under company overview:

• Vision & Mission
• History
• Management Team
• Business Portfolio
• Market Position
• Financial Performance

So much happens on a daily basis in a business environment, various mergers, acquisitions, change in government policies, changes in economic conditions domestically and globally, joint ventures, new markets and sectors coming up. It’s important for a CA student to keep themselves updated with such news. A few renowned brands are discussed below:

An overview of the selected Indian Companies

Adani Ports and Special Economic Zone Ltd.

• Since: 1998
• Headquarter in Ahmadabad, Gujarat
• Head of the Company: Gautambhai Shantilal Adani
• CEO: Karan Gautambhai Adani
• CFO: Ravi Bhamidipaty

 
This group holds largest network of ports in India. It supports its logistics business also. It has its ports around 10 locations but one of the most important ones is at Mundra which is India’s only port led multi product SEZ.
Revenue of Adani group was 34.86 billion in 2015-16. www.adaniports.com is their official website.
 
Asian Paints Ltd.

• Since: 1942
• Headquarter: Mumbai, India
• Chairman: Ashwin Choksi
• Present Head (MD & CEO): K B S Anand
• Chief Financial Officer: Jayesh Merchant

Asian paints has 26 factories in world, operates in 19 countries serving customers in almost 65 countries.
It was initially set up as a partnership firm by four friends (Champaklal H. Choksey, Suryakant C. Dani, Arvind R. Vakil, Chimanlal N. Choksi). The company has been a market leader in paints since 1967. Asian Paints is the winner of the “Golden Peacock” award in the Paints sector. It is India’s leading; Asia’s 4^th largest paint manufacturing company. Berger, Nerolac, etc are its closest competitors.
Asian Paints acquired 51% stake in Sleek group, a kitchen solutions provider in August 2013. In June, 2014, Asian Paints acquired the entire front and sales business including Brands, Network and Sales Infrastructure of Ess Ess Bathroom Products Pvt. Ltd which is well known brand in bath segment in India.
Revenue in 2015-16 was 15852 crores. It sells products like Interior & exterior wall finishes, enamel and wood finishes.
Philosophy of the company:
Asian Paints aims to become one of the top five decorative coatings companies world-wide by leveraging its expertise in the higher growth emerging markets. Simultaneously, the company intends to build long term value in the industrial coatings business through alliances with established global partners.
 
 
Axis Bank

• Since: 1993
• Headquarter: Mumbai, Maharashtra, India.
• MD and CEO: Ms. Shikha Sharma
• Chairman: Mr. Sanjiv Misra
• Chief Financial Officer: Jairam Sridharan

It is 3^rd largest private bank with more than 50000 employees, over 3000 branches and 12922 ATMs. It has international offices with their branches in Dubai, Singapore, Colombo and Shanghai. It also has its representative offices at Dubai, Dhaka, Abu Dhabi, and overseas subsidiary in London, UK. It provides services in ret…