Project Report On Ecl
Project Report On Ecl
Project Report On Ecl
Project Guide
Md Tasfeen
Faculty
SIMSR
SIMSR, MUMBAI
JUNE 2015
EXECUTIVE SUMMARY
The projects aim is to prepare a framework by analyzing the financial statements and overall
market that can be used for future projections of sales and other key figures. This in turn will aid
in better decision making. The modelling is done using excel based tools. Main data sources
were company website and annual reports.
The assignment was divided into two parts and was carried out according to the following order:
1. Fundamental analysis of the company and sector
2. Financial modelling of company
Various journals and research papers have been used in the preparation of report. The
assumptions that have been taken for the DCF calculations are based on the studies of Prof.
Aswath Damodaran and discussions with various department heads. The comprehensive excel
based model is self-sufficient and can be used for projecting cost of capital, free cash flow to the
firm, terminal value and the valuation of the company at any given moment of time.
The project was allotted on an individual basis and a mentor was assigned for guidance and
support.
DECLARATION
I hereby declare that all the information presented in this report is the result of my internship in
E.C.L.
This report has not been previously submitted or proposed to any university or other educational
institution for the purpose of getting any reward, title or degree. The project is an original work.
Apurvasheesh Baxi
PGDM-A
Place: Sanctoria
Roll No 12
MBA 2014 16
ACKNOWLEDGEMENT
I am thankful to E.C.L subsidiary of Coal India for giving me the opportunity to study the
financials of the company.
My sincere gratitude to MD. Tafssen, Chief Manager, Finance, E.C.L for giving me the
clarity on project and for his constant guidance and support throughout the project.
I am indebted to Mr.for his constant support and guidance. Also he was instrumental in
getting me the access of various internal departments which was necessary for the completion of
this project.
I also feel highly obliged to Prof. Sonal Ved, Internal Guide and Asst. Professor, SIMSR
for her supervision and esteemed guidance throughout the project.
I would like to take this opportunity to extend a note of thanks to all those who have
helped me in completing the report either directly or indirectly.
Signature
Date:
Md Tafseen
Chief Manager (Finance)
E.C.L
Signature
Date:
TABLE OF CONTENTS
S. NO.
TITLE
PAGE NO.
Executive Summary
Declaration
Acknowledgement
Certificate
1.
Chapter 1: Introduction
01
2.
Chapter 2: Methodology
10
3.
11
4.
20
LIST OF TABLES
LIST OF FIGURES