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Comparative Study of Axis Bank & Yes Bank Using Ratio Analysis”

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Comparative Study of Axis Bank & Yes Bank Using Ratio Analysis” IOSR Journal of Engineering (IOSRJEN) www.iosrjen.org ISSN (e): 2250-3021, ISSN (p): 2278-8719 Vol. 09, Issue 5 (May. 2019), ||S (XIII) || PP 11-19 Comparative Study of Axis Bank & Yes Bank Using Ratio Analysis”.. Mayuri Ingole And Diksha Shende 1(Master of Business administration,Jhulelal Institute of Technology/ Rtmnu, India) Abstract : The present study of the research entitled “Comparative Study of Ration Analysis Yes Bank And Axix Bank”. The study was based on secondary data from records, reports and profile of the organization. The validity of any research is based on the systematic method of data collection analysis. The Ratio analysis is the process of identifying the financial soundness and cost effectiveness of the firm by establishing relationship between the items of balance sheet and profit and loss a/c. The present study has thrown major concentration in ratio analysis, from the 5years balance sheet and profit and loss a/c. An objective of the study includes the profitability, cost of goods sold and other experience company overall financial performance of the company. Short term-long term position of the company. Based on the five years balance sheet and profit and loss a/c suitable suggestion were given by the researcher for a better soundness and cost effectiveness of the company. Keywords : Yes Bank & Axix Bank, Financial Performance, Ratio, Soundness, Comparision. I. Introduction Axis Bank is the third largest of the private-sector banks in India offering a comprehensive suite of financial products. The bank has its head office in Mumbai, Maharashtra. It has 3,703 branches, 13,814 ATMs, and nine international offices. The bank employs over 55,000 people and had a market capitalization of ₹1.31 trillion (US$18 billion) (as on March 31, 2018). It sells financial services to large and mid-size corporates, SME, and retail businesses. While Yes Bank, incorporated in 2004 by Rana Kapoor and Late Ashok Kapur, is a new age private sector bank. Since inception Yes Bank has fructified into a „“Full Service Commercial Bank” that has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country, and is well equipped to offer a range of products and services to corporate and retail customers. 1. Rational Of The Study The main purpose of study is to find out the “COMPARATIVE STUDY OF AXIS BANK & YES BANK USING RATIO ANALYSIS”. Ratio analysis is a process of computing determining and presenting the relationship of items or group of items of financial statements to provide a meaningful understanding of the performance and financial position of a business concern. Ratio analysis is therefore a tool or a technique to present figures of the financial statements in simple, concise, intelligible and understandable manner. 2. Scope 2.1. The project report covers the analytical study of financial background. Financial statements of the firm help in assessing the financial position of the firm. 2.2. It also help in process of budgeting i.e. estimating the income which in turns helps in planning future expenses of the firm such as investment, expansion plan and other day to day expanses. 2.3. The study helps in understanding the financial position of the company by covering various ratio of the company. I got almost all the information needed from the website of the company. 3. Objective 3.1. To study financial position of the company over the past three years. 3.2. To analyze the profitability ratio of axis bank & yes bank. 3.3. To study the various methods used by firm to assess performance and status of business. 3.4. To analyze the probable causal relation among different items after analyzing and scrutinizing past result. International Conference on Innovations in Engineering, Technology, Science & Management – 11 | Page 2019 (ICI-ETSM-2019) Jhulelal Institute of Technology (JIT) is governed by Samridhi Sarwajanik Charitable Trust (SSCT), Koradi Road, Village Lonara, Nagpur-441111. Comparative Study Of Axis Bank & Yes Bank Using Ratio Analysis”.. II. Indentations And Equations 1.Research Methodology Research methodology is an important tool in any research work. It acts as guideline and road in completion of research. It is scientific search for data and information on as particular topic research is search for knowledge. 1.1 Data collection The secondary method of data collection are used for the present study. The secondary data for the present data includes the online research papers, websites, journal ,articles etc. III. Figures And Tables 1.1. Data Analysis and Interpretation 1) Current Ratio Formula:-Current Ratio = Current Assets / Current Liability YEAR AXIS BANK YES BANK 2014 2.62 2.87 2015 2.45 3.15 2016 2.8 3.80 2017 2.22 3.81 2018 2.45 3.96 3.8 3.81 3.96 4 3.15 2.622.87 2.8 3 2.45 2.22 2.45 2 AXIS BANK 1 YES BANK 0 2014 2015 2016 2017 2018 INTERPRETATION:- For current ratio, here we can see that in 2014 YES BANK has a ratio of 2.87 and on the following years the ratio was 3.15,3.80,3.81& 3.96. on the other hand AXIS BANK has the ratio 2.62 in 2014, 3.15 in 2015, 2.8 in 2016, 2.22in 2017 and 2.45 in 2018. So if we compare with this company then we can say that YES BANK is in a good position and they are more efficient than AXIS BANK. 2) Quick Ratio Formula:- Current Assets – Inventory / Current Liability YEAR AXIS BANK YES BANK 2014 1.12 2.3 2015 0.95 2.33 2016 1.12 2.51 2017 0.96 2 2018 1.08 1.82 International Conference on Innovations in Engineering, Technology, Science & Management – 12 | Page 2019 (ICI-ETSM-2019) Jhulelal Institute of Technology (JIT) is governed by Samridhi Sarwajanik Charitable Trust (SSCT), Koradi Road, Village Lonara, Nagpur-441111. Comparative Study Of Axis Bank & Yes Bank Using Ratio Analysis”.. 3 2.51 2.3 2.33 2.5 2 1.82 2 AXIS BANK 1.5 1.12 0.95 1.12 0.96 1.08 1 YES BANK 0.5 0 2014 2015 2016 2017 2018 Interpretation:- Quick ratios measure the relationship between quick assets and liabilities and shows the ability of the company to pay back its current liabilities within its short period of time. The quick ratio of YES BANK in 2014 was 2.3 and it continued to increase in 2015 was 2.33 and 2016 was2.15.so, the company in good position in term of quick ratio. There is a bit fluctuation of AXIS BANK ratio. In 2014 the ratio is highest which 1.12 is. So the company is better position than the lat 4 years. But YES BANK is far better than AXIS BANK. 3) Gross Profit Ratio Formula:-Gross Profit / Net Sale *100 AXIS YEAR BANK YES BANK 2014 14.03 16.48 2015 11.05 18.73 2016 10.12 17.75 2017 7.04 17.77 2018 9.32 17.65 18.73 17.75 17.77 17.65 20 16.48 14.03 15 11.05 10.12 9.32 10 7.04 AXIS BANK YES BANK 5 0 2014 2015 2016 2017 2018 INTERPRETATION For gross profit margin ratio, here we can see that in 2014 YES BANK has a ratio of 16.48 and on the following years the ratio was 18.73, 17.75, 17.77 & 17.65. on the other hand AXIS BANK has the ratio 14.03 in 2014, 11.05 in 2015, 10.12 in 2016, 7.04 in 2017 and 9.32 in 2018. So if we compare with this company then we can say that YES BANK is in a good position and they are more efficient than AXIS BANK. International Conference on Innovations in Engineering, Technology, Science & Management – 13 | Page 2019 (ICI-ETSM-2019) Jhulelal Institute of Technology (JIT) is governed by Samridhi Sarwajanik Charitable Trust (SSCT), Koradi Road, Village Lonara, Nagpur-441111. Comparative Study Of Axis Bank & Yes Bank Using Ratio Analysis”.. 4) Net Profit Ratio Formula: - Net Profit / Net Sale*100 YEAR AXIS BANK YES BANK 2014 12.03 11.48 2015 9.03 13.03 2016 10.12 11.65 2017 6.02 16.07 2018 8.43 14.60 20 16.07 14.6 15 13.03 12.0311.48 11.65 10.12 9.03 10 8.43 AXIS BANK 6.02 YES BANK 5 0 2014 2015 2016 2017 2018 INTERPRETATION:- Here in YES BANK the ratio is 16.48 in 2014, 18.73 in 2015, 17.75 in 2016, 17.77 in 2017 & 17.65 in 2018 beside AXIS BANK has the ratio of net profit 14.03 in 2014, 11.05 in 2015, 10.12 in 2016, 7.04 in 2017 & 9.33 in 2018. So, if we compare with this two companies then we can say that, YES BANK is generating good profit. 5) Working Capital Turnover Ratio Formula: - Cogs/Working Capital YEAR AXIS BANK AUROBNDO 2014 3.28 2.77 2015 3.14 1.97 2016 3.96 1.43 2017 5.23 1.43 2018 4.142 0.98 6 5.23 5 3.96 4.14 3.28 3.14 4 2.77 3 1.97 AXIS BANK 1.43 1.43 2 0.98 YES BANK 1 0 2014 2015 2016 2017 2018 \ International Conference on Innovations in Engineering, Technology, Science & Management – 14 | Page 2019 (ICI-ETSM-2019) Jhulelal Institute of Technology (JIT) is governed by Samridhi Sarwajanik Charitable Trust (SSCT), Koradi Road, Village Lonara, Nagpur-441111.
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