Arvind⁵⁴ and Raymond⁵⁵ are two companies which are in the same business of manufacturing of textiles. Arvind, part of the Lalbhai group, was founded in 1931; with its headquarters located in Ahmedabad. Raymonds, part of the Vijayapath Singhania group, was founded in 1952; with its headquarters located in Mumbai.

We have recently collected financial data of the above two companies and reproducing the same for seven continuous years. You are required to compute their ratios and analyze the two companies, compare, and make a few critical comments about the industry and the two individual players. Readers may like to download the excel sheet of the figures to make computations.

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Item Cash & Bank Balances Accounts Receivable Loans and Advances Inventories Current Assets Fixed Assets Other Assets Total Assets Financial Numbers of Arvind Limited (all figures in crore) Balance Sheet: Assets Side Year 7 (12m) 186 755 910 Accounts Payable Other Current Liabilities and Provision Long-term Liabilities Net Worth Total Liabilities Year 5 Year 4 Year 3 (12m) (12m) (12m) 59 60 40 426 282 390 433 801 733 1,677 1,488 2,474 25 3,987 Year 6 (12m) 71 642 744 1,126 1,239 501 481 1,413 3,264 2,583 2,806 2,802 68 42 6,134 5,431 5,009 Balance Sheet: Liabilities Side 970 765 702 651 2,280 2,685 2,489 44 43 4,209 672 392 526 170 314 259 262 194 2,207 1,983 2,249 2,230 2,346 2,229 2,190 2,254 2,032 1,695 1,283 1,067 1,386 1,318 6,133 5,431 5,008 4,209 3,986 4,071 3,914 Year 2 (12m) 23 284 503 728 1,538 2,506 26 4,070 Year 1 (12m) 28 207 429 758 1,422 2,475 18 3,915 264 142