Overview
A quarterly earnings report is a key way to tell current and potential investors how it is positioned financially. In this context, Finglobedirect, which has been providing company and financial information globally since two decades, brings out an analytical report - India 100: Analysis of Quarterly Earnings.
The report is updated every quarter and is available in February, May, August, and November. Further, the report is available for various modules such as industries and industry groups, market capitalization groups, financial performance attributes, and other key attributes with 100 companies in each module.
Research Objective
The objective of the quarterly earnings report is to provide the global investors with a complete resourceful analytical report for familiarizing with the financial position of the leading 100 Indian companies at the end of each quarter, which they would find beneficial to pursue for making business decisions in India.
Research Sources
Our research team has compiled financial information of Indian companies from reliable primary and secondary sources including company websites, press releases, and stock exchanges.
- Comprehensive focus on financial performance of 100 Indian companies for the latest quarter
- Presents composite rankings of the leading 100 Indian companies
- Presents rankings for the leading Indian companies by financial performance attributes such as growth, profitability, efficiency, market valuation and leverage
- Also presents rankings for the leading Indian companies by various key attributes such as foreign affiliation, multinationality, and market capitalization
- Provides at one glance the listing of 100 Indian companies covered along with values of key variables and their individual ranks
- Provides updates on timely basis in February, May, August, and November
- In addition to 40+ industry-specific modules of 100 companies each, 25+ other modules are also compiled for users to select a group of 100 companies most suitable for their analytical coverage.
The following methodology has been adopted for computing composite rankings as well as rankings by various attributes:
Composite Rankings
- Financial variables such as Total Sales, Total Assets, Total Equity, and Market Capitalization have been considered to compute composite rankings.
- Total sales has been computed by annualizing 9 months’ data as of December 2015, total assets and total equity have been considered as of September 2015, and market capitalization has been considered latest.
- Values have been extracted from company quarterly reports.
- Values for all four variables must be available to rank companies.
- Each of the variables has been ranked individually based on values (higher is better).
- Average of individual ranks are then used to provide composite rank for companies.
Growth Rankings
- Total Sales growth has been considered to compute growth rank of the company for latest quarter vs. previous quarter, latest quarter vs. same quarter of previous year, and latest nine months vs. nine months of previous year.
- Total sales has been computed by annualizing 9 months’ data as of December 2015.
- Individual ranks have been assigned to sales growth ratio for all three periods.
- Deciles for all three periods are then used to provide growth rank for companies.
Profitability Rankings
- Key profitability ratios such as Net Income to Total Sales, Net Income to Total Assets and Net Income to Total Equity have been computed for assigning profitability ranks.
- Total sales and net income have been computed by annualizing 9 months’ data as of December 2015, and total assets and total equity have been considered as of September 2015.
- Individual ranks have been assigned to all three ratios.
- Average of individual ranks are then used to provide profitability rank for companies.
- Negative net income i.e. net loss values are also considered for rankings.
Efficiency Rankings
- Total Sales to Total Assets and Total Sales to Total Equity have been computed for assigning efficiency ranks.
- Total sales has been computed by annualizing 9 months’ data as of December 2015, and total assets and total equity have been considered as of September 2015.
- Individual ranks have been assigned to both the ratios.
- Average of individual ranks are then used to provide efficiency rank for companies.
Market Valuation Rankings
- Key market valuation ratios such as Market Cap to Total Sales and Market Cap to Total Equity have been computed for assigning market valuation ranks.
- Market capitalization has been considered latest, total sales has been computed by annualizing 9 months’ data as of December 2015, and total equity has been considered as of September 2015. .
- Individual ranks have been assigned to both the ratios.
- For market cap to total sales ratio, higher is better; while for market cap to total equity, lower is better.
- Average of individual ranks are then used to provide market valuation rank for companies.
Leverage Rankings
- Total Equity to Total Assets has been computed for assigning leverage ranks.
- Total assets and total equity have been considered as of September 2015.
- Individual ranks has been assigned to the ratio on basis of which leverage rank is provided to the companies.
- For leverage rank, lower is better.
Best of Top 25
- Top 25 companies of each of the 5 sectional ranks are marked as Top 10 and Next 15.
- Deciles value 4 has been assigned for companies with Top 10 for each sectional rank and deciles value 3 has been assigned for companies with Next 15 for each sectional rank.
- Such deciles values have been added and the companies with higher deciles values are considered as best.
Profitability Consistency Rankings
- Key profitability ratio such as Net Income to Total Sales has been considered for assigning profitability rank to the company for the latest quarter, previous quarter, and previous to previous quarter.
- Net income and total sales have been computed by annualizing 9 months’ data as of December 2015.
- Individual ranks have been assigned to the profitability ratio for all three periods.
- Deciles for all three periods are then used to provide profitability consistency rank for companies.
Improvement Rankings
- Sales growth for the latest quarter vs. previous quarter, and previous quarter vs. previous to previous quarter has been computed for assigning improvement ranks.
- Sales has been computed by annualizing 9 months’ data as of December 2015.
- The companies with sales decline of greater than 20% in the previous quarter but increase of greater than 20% in the current quarter have been considered as the most improved companies.
Best 10 Rankings
- Deciles rankings have been computed based on 5 different sectional ranks – Growth rank, Profitability rank, Efficiency rank, Market Valuation rank, and Leverage rank.
- Each company is ranked individually for each sectional rank.
- Such individual ranks have been assigned to the companies included under various clusters such as foreign-affiliated, multinational, bigcap, midcap, smallcap, and microcap.
- Average of individual ranks are then used to assign overall deciles rankings to the companies included under each cluster as mentioned above.
- 1.1 Overall composite rankings
- 2.1 Top 25 fastest growing companies
- 2.2 Top 25 most profitable companies
- 2.3 Top 25 most efficient companies
- 2.4 Top 25 highest market valuation companies
- 2.5 Top 25 companies with better leverage
- 2.6 Best of top 25 companies
- 2.7 Top 25 companies with profitability consistency
- 2.8 Leading most improved companies
- 3.1 Best 10 foreign-affiliated companies
- 3.2 Best 10 multinational companies
- 3.3 Best 10 bigcap companies
- 3.4 Best 10 midcap companies
- 3.5 Best 10 smallcap companies
- 3.6 Best 10 microcap companies
- Analysis of most recent quarterly earnings provided through this analytical report
- Analysts with years of experience analyze the quarterly financial data for the leading Indian companies
- Financial information comprehensively compiled from reliable primary and secondary sources
- Useful for global investors to get a better understanding of where the leading Indian companies stand
On checking 20+ financial data sites on Indian companies (financial newspapers, brokerage firms and global portals), we have observed that these sites provide financial data on a company-specific basis free. However, there are few limitations thereof:
- Such information not easily available for a given industry or strategic 100 modules
- Integrated rankings not provided
- Users need to download one company at a time and then integrate all and then set up analytics
- All 5 quarters not compared
- Coverage also not comprehensive of 4,500 companies (usually top-down 2,500 companies are covered)
However, the information provided by FinGlobe on India 100 modules has its own advantages which are as follows:
- Provides company financial information by specific modules of 100 companies each so easy for user to compare companies included in the same module
- Comprehensive focus on all listed companies within each module
- Provides rankings by various aspects such as composite, financial performance, and other key attributes
- Data analysis done by integrating data of all companies included in a specific module
- A crisp report providing succinct analysis of most recent quarterly earnings
- Timely delivery with report published at the end of each quarter
- Data compiled from multiple sources such as annual reports, press releases, stock exchanges etc.
- Reasonable cost as multiple user pay subscription fees
Format |
Properties |
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Electronic (PDF) |
The report will be emailed to you in PDF format. |
This is a single user license, allowing one specific user access to the product. |
Research Reports - India 100: Analysis of Quarterly Earnings
Report for each module - $99 (the recent report for February 2016 for each module will be available during the week of February 22, 2016 for all December 31, 2015 quarterly earnings reports filed by 100 companies included in each module)
Annual subscription of all 4 quarterly reports for each module - $275 (published in February, May, August, and November 2016)