"WORKING CAPITAL MANAGEMENT OF HEIDELBERG

CEMENT BANGLADESH LTD (HCBL), SHINEPUKUR

CERAMICS LTD (SCL) AND COMPARISON BETWEEN
THEM"

"Working Capital Management of Heidelberg Cement Bangladesh Ltd. , Shinepukur Ceramics

Ltd and comparison between them"

Prepared for:
Assoc. Prof. Dr. Mohammad Bayezid Ali
Course Instructor: Working Capital Management (FIN-6407)

Prepared by:
Group No. 06
MBA-2015(Finance)
Name
Md. Arifur Rahman
Md. Mohiuddin Imran
Md. Atabur Rahman
Ruhul Amin
Md. Sabbir Azad

Id no
M1516014
M1516010
M1516026
M1516038
M1516072

Bangladesh University of Professionals, Dhaka

November 06, 2016

LETTER OF TRANSMITTAL

November 06, 2016

Dr. Mohammad Bayezid Ali

Associate Professor
Adjunct Faculty of Business Studies
Bangladesh University of Professionals
Mr. Ali:
RE: Transmission of Report
.
With great pleasure we are submitting our report on Working Capital Management of
Heidelberg Cement Bangladesh Ltd., Shinepukur Ceramics Ltd. and comparison bewteen them
that you have assigned us as an essential requirement of the course Working Capital Management
(FIN-6407).It is really an enormous prospect for us to know vast information and grasp the
subject matter in an appropriate way. We have found the study quite interesting, beneficial and
insightful. We have put our best effort to prepare an effective and creditable report.
It will be kind, if you accept our report on the aforesaid topic. We hope you will be satisfied with
the report. We have given all our sincere effort in preparation of this report and will appreciate if
you suggest anything about this report for any kind of rectification needed.
Thank you,
Yours Sincerely,

Md. Arifur Rahman (M1516014)....................

Md. Mohiuddin Imran (M1516010)....................
Md. Atabur Rahman (M1516026)....................
Ruhul Amin
(M1516038).....................
Md. Sabbir Azad
(M1516072).....................
MBA-2015 (Finance )
Dept. of Business Administration-General

Abstract

This report applies that the working capital management of Heidelberg Cement Bangladesh Ltd.
and Shinepukur Ceramics Ltd and to test its financial soundness. The main aim is achieved
through the different analysis on financial statemet. Measurement of financial performance by
ratio analysis helps identify organizational strengths and weaknesses by detecting financial
anomalies and focusing attention on issues of organizational importance. The financial
performance of this industry is measured in terms of profitability, solvency, efficiency and
liquidity analysis and to test the financial soundness.. The study has been undertaken for the
period of five years from 2010 to 2014 and the necessary data has been obtained from the
audited annual report of the selected companies. The liquidity position was very weak in all the
cases of the selected companies and thereby reflecting the difficulties in paying short-term
obligation on due date. Financial stability of the selected companies has shown an upward trend.
This study will help investors to identify the nature of financial performance of the ceramic
industry of Bangladesh and will also help to take investment decision.

Executive Summary