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Manish Daftari (139526) Manish Daftari (139526) CA Professional Achiever – CA Professional Achiever – Engineering and Capital Goods Sector CA Professional.

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Presentation on theme: "Manish Daftari (139526) Manish Daftari (139526) CA Professional Achiever – CA Professional Achiever – Engineering and Capital Goods Sector CA Professional."— Presentation transcript:

1 Manish Daftari (139526) Manish Daftari (139526) CA Professional Achiever – CA Professional Achiever – Engineering and Capital Goods Sector CA Professional Achiever – CA Professional Achiever – Engineering and Capital Goods Sector Executive (F&A) – Larsen & Toubro Limited

2 Turnover (Sales) of the Company in Rupees: Turnover (Sales) of the Company in Rupees: – ` 64,960 Crores Net worth of the Company: Net worth of the Company: – ` 29,387 Crores Market Capitalization of the Organization: Market Capitalization of the Organization: – ` 80,031 Crores – March12 – ` 98,010 Crores – September12

3 KEY ROLE IN THE ORGANIZATION Treasury operation – Effective Hedge management, Cash flow management and Funded and Non funded facility management Treasury operation – Effective Hedge management, Cash flow management and Funded and Non funded facility management Implementation of Embedded Derivative accounting Implementation of Embedded Derivative accounting

4 MAJOR ACHIEVEMENTS Effective hedge management to protect the profitability from foreign exchange volatility. Effective hedge management to protect the profitability from foreign exchange volatility. Contribution to project profitability of approximately 1%-2% through effective hedge management. Contribution to project profitability of approximately 1%-2% through effective hedge management. Establishing accounting process for Embedded Derivative implementation under AS-30 along with AS-7. Establishing accounting process for Embedded Derivative implementation under AS-30 along with AS-7. Facilitated improvement in working capital by participating in vendor negotiations for structured credit in vendor payments. Facilitated improvement in working capital by participating in vendor negotiations for structured credit in vendor payments.

5 MAJOR ACHIEVEMENTS Cash management by using suppliers credit to increase short term liquidity and investible funds for good return at minimal cost. Cash management by using suppliers credit to increase short term liquidity and investible funds for good return at minimal cost. Achieving better rates by liaising with banks and through innovative products, within legal and regulatory guidelines Achieving better rates by liaising with banks and through innovative products, within legal and regulatory guidelines Availing better credit terms by meeting with vendors and educating them about new financial products. Availing better credit terms by meeting with vendors and educating them about new financial products. Note- Please specify exact role whether the achievement is as a member of team or team leader or in any other capacity.


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