SlideShare una empresa de Scribd logo
1 de 18
Descargar para leer sin conexión
Masters Medical Equipments 
Pvt. Ltd.
October 2011
Contents



                              Executive Summary
                              Factsheet
                              Offices & Centres
                              Business Model
                              Key People
Masters Medical Equipments    SWOT Analysis
Pvt. Ltd.                     Financial Profile
                              Industry Analysis
                              Competitive Landscape
                              Competitive Benchmarking
                              Appendix




                                                          2
Executive Summary
                    • Masters Medical Equipments Pvt. Ltd. (Masters) is a A, B, C and D and is headquartered in E 
Company             • The company is actively involved in G and has H
Description
                    • It generates revenues through its product portfolio which includes J, K, L, M and N
Business Model
                    • Strength 1 is one of its major strengths, however weakness 1 is one of the key areas of concern
                    • Masters can reap significant benefits owing to opportunity 1 while threat 1may have an adverse affect on 
SWOT Analysis         the strategic initiatives and growth prospects of the organization



                    • Masters Medical Equipments Pvt. Ltd. generated total revenues of INR A mn in the fiscal year (FY) 20‐‐
                      registering a y‐o‐y increase of x per cent. It earned a net profit of INR B mn in FY 20‐‐ as compared to a net 
                      profit of INR C mn in FY 20‐‐
Financial Profile   • The financial profile of the company includes the profit & loss a/c and the balance sheet depicting the key 
                      financial figures for FY 20‐‐, 20‐‐, 20‐‐ and 20‐‐ along with an analysis of its key ratios that informs about the
                      financial health and capacity to run its operations

                    • Medical Equipments market is estimated at INR E bn in FY 20‐‐ and expected to grow at a CAGR of x per 
                      cent to reach INR F bn in FY 20‐‐
                    • The Medical Equipments market is classified into segments such as G, H, I and J
                    • Imaging and Diagnostic Device market in India is estimated at INR K bn in FY 20‐‐ and is expected to grow at 
Industry Analysis     a CAGR of y per cent to reach INR L bn in FY 20‐‐
                    • The major  imaging devices are M, N, O, P, Q




Competitive         • Key competitors for the company can be enlisted as: Competitor 1 and Competitor 2

Landscape

                                                                                                                                       3
Factsheet
Basic Information             Brief Description
Industry                 ‐‐   • Masters Medical Equipments Pvt. Ltd. (Masters) offers A and also
                                B. It is headquartered in C
Corporate Address        ‐‐
                              • Its product portfolio includes  providing D, E, F, G, H, I,  J and K
                              • It offers services for M, N and O, provides P, Q, R, S, T, U, V and 
                                W
Tel No.                  ‐‐   • The company is actively involved in X

Fax No.                  ‐‐       •‐‐
                                  •‐‐
Website                  ‐‐
                              • Its major clients are P, Q, R, S, etc. 



                                                                                 
Year  Founded            ‐‐
                              • Masters provides G such as H



                                                                             LE
Year  of Incorporation   ‐‐




                                               P
Ownership                ‐‐




                                              M
Revenue                  ‐‐




                                             A
Fiscal Year End          ‐‐

Auditor

Competitors
                         ‐‐

                         ‐‐                S
                              Brief History 
                              •19‐‐:
Source:

                                                                                                       4
Offices & Centres – India 




                       LE  
             MP
          S A


                              HQ Office (Masters)




                                                    Note:
Source:

                                                      5
Business Model

                                     Masters Medical Equipments Pvt. Ltd.




     Category 1         Category 2           Category 3 
                                                                    SAMPLE 
                                                                Category 4        Category 5        Category 6



‐‐                 ‐‐                   ‐‐                 ‐‐                ‐‐                ‐‐




Source:

                                                                                                                 6
Key People 
 Key Executives
                Name       Designation       Age               Year of Joining   No. of Shares


                  ‐‐           ‐‐            ‐‐                       ‐‐              ‐‐

                  ‐‐           ‐‐            ‐‐                       ‐‐              ‐‐

                  ‐‐           ‐‐            ‐‐                       ‐‐              ‐‐




 Ownership Structure                       Share Holding Pattern

Total Paid‐up Capital
Number of Shareholders
                            INR A
                               ‐

                                         LE        M




                            MP
                           A
                                                        50%


                         S                                     100%
                                                                a%




 Source:                                               Note:

                                                                                                 7
SWOT Analysis (1/2)
               Strengths                              Weakness


• Strength 1                           • Weakness 1




• Strength 2


                           Internal 
                            Factors




                                                                 LE  
                                                     MP
                                                  S A
Source:

                                                                    8
SWOT Analysis (2/2)
                  Opportunities                            Threats

• Opportunity 1                               • Threat 1




• Opportunity 2
                                              • Threat 2



                                  External 
                                   Factors




                                                                     LE  
                                                          MP
                                                       S A
Source:

                                                                            9
Financial Profile
Financial Snapshot                                                       Profit & Loss Statement
                           K        L
                                                                            Particulars         2007   2008   2009   2010
INR mn
          M                                                             Operating Income         ‐      ‐      ‐      ‐
80
                                                         S              Non Operating 
                                                                                                 ‐      ‐      ‐      ‐
                     O                                                  Income
60
                                        Q                               Total Income             ‐      ‐      ‐      ‐
40                                                                      Operating 
                                                                                                 ‐      ‐      ‐      ‐
                                                                        expenses
20
                                                                        Administrative 
                                P                  R                T                            ‐      ‐      ‐      ‐
0                                                                       Expenses
                 N
                                                                        Interest 
          20‐‐           20‐‐               20‐‐             20‐‐                                ‐      ‐      ‐      ‐
                                                                        Expenditure
Financial Summary                                                       Total Expenditure        ‐      ‐      ‐      ‐




                                                           
• Analysis Point 1                                                      Earning before 




                                                       LE
                                                                        Interest & Taxes         ‐      ‐      ‐      ‐
• Analysis Point 2
                                                                        (EBIT)




                       MP                                               Profit/(Loss) before 
                                                                        Tax
                                                                                                 ‐      ‐      ‐      ‐




                     SA
                                                                        Profit/(Loss) after 
                                                                                                 ‐      ‐      ‐      ‐
                                                                        Tax



Source:                                                                         Note:

                                                                                                                            10
Ratio Analysis
 Key Ratios                                                                   Key Ratio Analysis
                                 y‐o‐y                                        • Analysis Point 1
           Particulars          change     2010     2009     2008      2007
                               (2010‐09)
 Profitability Ratios              ‐        ‐         ‐        ‐        ‐     • Analysis Point 2
  Operating Margin                 ‐        ‐         ‐        ‐        ‐



                                                                                                         
  Net Margin                       ‐        ‐         ‐        ‐        ‐




                                                                                                     LE
  Profit Before Tax Margin         ‐        ‐         ‐        ‐        ‐     • Analysis Point 3
  Return on Equity                 ‐        ‐         ‐        ‐        ‐



                                                                                                 P
  Return on Capital Employed       ‐        ‐         ‐        ‐        ‐
  Return on Working Capital        ‐        ‐         ‐        ‐        ‐     • Analysis Point 4



                                                                                                M
  Return on Assets                 ‐        ‐         ‐        ‐        ‐
  Return on Fixed Assets           ‐        ‐         ‐        ‐        ‐




                                                                                              SA
Cost Ratios                        ‐        ‐         ‐        ‐        ‐     • Analysis Point 5
  Operating costs                  ‐        ‐         ‐        ‐        ‐
  Administration costs             ‐        ‐         ‐        ‐        ‐
  Interest costs                   ‐        ‐         ‐        ‐        ‐     • Analysis Point 6
Liquidity Ratios                   ‐        ‐         ‐        ‐        ‐
  Current Ratio                    ‐        ‐         ‐        ‐        ‐
  Cash Ratio                       ‐        ‐         ‐        ‐        ‐
Leverage Ratios                    ‐        ‐         ‐        ‐        ‐
  Debt to Equity Ratio             ‐        ‐         ‐        ‐        ‐
  Debt to Capital Ratio            ‐        ‐         ‐        ‐        ‐
   Interest Coverage Ratio         ‐        ‐         ‐        ‐        ‐
Efficiency Ratios                  ‐        ‐         ‐        ‐        ‐
  Fixed Asset Turnover             ‐        ‐         ‐        ‐        ‐
  Asset Turnover                   ‐        ‐         ‐        ‐        ‐
  Current Asset Turnover           ‐        ‐         ‐        ‐        ‐
  Working Capital Turnover         ‐        ‐         ‐        ‐        ‐
  Capital Employed Turnover        ‐        ‐         ‐        ‐        ‐
 Source:                                          Improved   Decline                                        Note:

                                                                                                            11
Annual Financial Ratios
                                             Profitability Ratios


1.5                                                        25

                                                           20
1.0
                                                           15

0.5                                                        10


0.0
                                                            5

                                                            0

                                                                       LE  
                                                          P
   2007                        2008   2009   2010
‐0.5                                                         2007
                                                            ‐5      2008   2009   2010




 40
                                                      S AM 30
                                                           25
 30
                                                           20
 20                                                        15
 10                                                        10
                                                            5
  0
                                                            0
  2007                         2008   2009   2010
‐10                                                          2007
                                                            ‐5      2008   2009   2010

 Source: Netscribes Analysis

                                                                                     12
Industry Analysis
Medical Equipment Industry – Overview                                  Market Size & Growth (20‐‐ ‐20‐‐e)
• The Medical Equipment market is estimated at INR A bn in FY 
  20‐‐ and expected to grow at a CAGR of x per cent to reach INR B     INR bn
  bn by FY 20‐‐
                                                                      100                                                                  G
• This market can be classified into segments such as C, D, E and F                                            x%                  F
• Indian medical equipment market imports y per cent of its            80                                                  E
  medical equipments from countries such as M, N, O, P                                                         D
                                                                       60                            C
                                                                                              B


                                            
• Major trends observed in the medical equipment market are:
                                                                                  A
                                                                      40



                                        LE
        Trend 1
       Trend 2
       Trend 3                                                        20
    
    
        Trend 4




              M
        Trend 5
               P
• Some of the key drivers of the medical equipment market are:
                                                                        0
                                                                                 20‐‐        20‐‐   20‐‐e     20‐‐e       20‐‐e   20‐‐e   20‐‐e




            SA
       Driver 1
       Driver 2
       Driver 3
                                                                       Market Segmentation (FY 20‐‐)
       Driver 4
       Driver 5                                                                        a%
• Some of the Government initiatives towards the Medical                         d%
  equipment market were:                                                                                              M
     Point 1                                                                                                         N
     Point 2                                                                                                         O
                                                                                                         b%           P
                                                                            c%




Source:

                                                                                                                                               13
Industry Analysis
Imaging and Diagnostic Device Market – Overview                          Market Size & Growth (20‐‐ ‐20‐‐e) 
• The Imaging and Diagnostic device market in India is estimated 
  at INR P bn in FY 20‐‐ and is expected to grow at a CAGR of y per 
                                                                         INR bn
  cent to reach INR Q bn by FY 20‐‐
                                                                        60                                  p%                             Y
• Major segments of Imaging devices include:                                                                                   X
     Segment 1
                                                                                                                       W
                                                                        40                                     V
                                                                                                      U


                                             
     Segment 2
                                                                                  S          T




                                         LE
     Segment 3                                                         20
     Segment 4




            MP
     Segment 5

• Some of the trends observed in the Imaging Devices market are:
                                                                         0
                                                                               20‐‐         20‐‐     20‐‐e 20‐‐e 20‐‐e 20‐‐e 20‐‐e




          SA
     Trend 1
     Trend 2
                                                                         Import‐Export Pattern of Major Imaging Devices 
     Trend 3                                                            (20‐‐)
     Trend 4
                                                                         INR mn                                                    Y

                                                                                                           H                       Z
                                                                       4,000
                                                                       3,500
                                                                       3,000
                                                                                D
                                                                       2,500          12%
                                                                                                               49%
                                                                       2,000
                                                                       1,500
                                                                       1,000
                                                                                                     G             I                       M
                                                                        500                      F                     J               L
                                                                                      E                                    K
                                                                          0
                                                                               Segment 1 Segment 2 Segment 3 Segment 4 Segment 5

Source:

                                                                                                                                               14
Competitive Landscape (1/2)
   Company Name                  Description

          Company 1   • ‐‐
                      • ‐‐
                      • ‐‐
                      • ‐‐


          Company 2   • ‐‐
                      • ‐‐



                                         
                      • ‐‐




                                     LE
                      • ‐‐




                                MP
          Company 3   • ‐‐
                      • ‐‐
                      • ‐‐
                      • ‐‐
                             S A

Source:

                                               15
Competitive Landscape (2/2)
Competitive Scenario

Company Name           CURA                     First Medical                 Genuine                         Masters

                                   Financial Information (INR mn – FY 2010)

Total Revenue           ‐                             ‐                           ‐                               ‐

Net Profit/(loss)       ‐                             ‐                           ‐                               ‐

                              Major Market Segmentation (Medical Equipments)

Medical Equipments:

Ultrasound Imaging                                                                                             

Medical X – Ray 
Machines                                                                                                       

MRI
                                                                                                               
CT Scanners
                                                                                                               
Ventilators
                                                                                                               
Doppler                                                                                                        
Patient Monitoring                                                                                             

Source:                        SAMPLE                                  H: High; L: Low; M: Medium      Offered      Not Offered

                                                                                                                               16
Competitive Benchmarking (1/2)
Key Financial Ratios – FY 2010 (1/2)

     %            G

 8                            B
 6                                                • Analysis Point 1



                                                                              
 4
                                          C       • Analysis Point 2




                                                                          LE
 2            A
 0



                                                                      P
              S               T           U



40
30
20
     %


              D
                  H
                              E
                                          F


                                                                   SA
                                                  • Analysis Point 3
                                                                     M
10                                                • Analysis Point 4
 0
              S               T           U

                  O   M


 3                        H
                                                  • Analysis Point 5
 2                                    I
                                                  • Analysis Point 6
          G
 1                                                • Analysis Point 7
                  J               K           L
 0
              S               T           U
Source:

                                                                                 17
Thank you for the attention
Masters Medical Equipments Pvt. Ltd. is a part of Netscribes’ Healthcare Company
Profile Series.
For more detailed information or customized research requirements please contact:
Gagan Uppal                                                                 Jitendra Punjabi
Phone:         +91 22 4098 7530                                             Phone:         +91 33 4064 6215
E‐Mail:        gagan.uppal@netscribes.com                                   E‐Mail:        jitendra.punjabi@netscribes.com




About Netscribes
Netscribes is a knowledge‐consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment 
& business research, business & corporate intelligence, content‐management services, and knowledge‐software services. At its core lies a 
true value proposition that draws upon a vast knowledge base. Netscribes is a one‐stop shop designed to fulfil clients’ profitability and 
growth objectives.
This report is published for general information only. Although high standards have been used in preparing this report, Netscribes (India) Pvt. 
Ltd. or Netscribes is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes 
(India) Pvt. Ltd. and no part may be reproduced without prior written permission.

                                                 www.netscribes.com
                                                                                                                                             18

Más contenido relacionado

Más de Netscribes, Inc.

Water purifier market in india 2017
Water purifier market in india 2017Water purifier market in india 2017
Water purifier market in india 2017Netscribes, Inc.
 
Tobacco market in india 2017 - Sample
Tobacco market in india 2017 - SampleTobacco market in india 2017 - Sample
Tobacco market in india 2017 - SampleNetscribes, Inc.
 
Soap market in india 2017 - Sample
Soap market in india 2017 - SampleSoap market in india 2017 - Sample
Soap market in india 2017 - SampleNetscribes, Inc.
 
Smartphone market in india 2017 - Sample
Smartphone market in india 2017 - SampleSmartphone market in india 2017 - Sample
Smartphone market in india 2017 - SampleNetscribes, Inc.
 
Roofing tiles market in india 2017 - Sample
Roofing tiles market in india 2017 - SampleRoofing tiles market in india 2017 - Sample
Roofing tiles market in india 2017 - SampleNetscribes, Inc.
 
Protein supplements market in india 2017 - Sample
Protein supplements market in india 2017 - SampleProtein supplements market in india 2017 - Sample
Protein supplements market in india 2017 - SampleNetscribes, Inc.
 
Online food delivery in india 2017 - Sample
Online food delivery in india 2017 - SampleOnline food delivery in india 2017 - Sample
Online food delivery in india 2017 - SampleNetscribes, Inc.
 
Mobile wallet market in india 2017 - Sample
Mobile wallet market in india 2017 - SampleMobile wallet market in india 2017 - Sample
Mobile wallet market in india 2017 - SampleNetscribes, Inc.
 
Milk processing industry in india 2017 - Sample
Milk processing industry in india 2017 - SampleMilk processing industry in india 2017 - Sample
Milk processing industry in india 2017 - SampleNetscribes, Inc.
 
Lead acid battery market in india 2017 - Sample
Lead acid battery market in india 2017 - SampleLead acid battery market in india 2017 - Sample
Lead acid battery market in india 2017 - SampleNetscribes, Inc.
 
Infrastructure construction market in india 2017 - Sample
Infrastructure construction market in india 2017 - SampleInfrastructure construction market in india 2017 - Sample
Infrastructure construction market in india 2017 - SampleNetscribes, Inc.
 
Fruit & vegetable processing industry in india 2017 - Sample
Fruit & vegetable processing industry in india 2017 - SampleFruit & vegetable processing industry in india 2017 - Sample
Fruit & vegetable processing industry in india 2017 - SampleNetscribes, Inc.
 
Foundry market in india 2017 - Sample
Foundry market in india 2017 - SampleFoundry market in india 2017 - Sample
Foundry market in india 2017 - SampleNetscribes, Inc.
 
Food processing industry in india 2017 - Sample
Food processing industry in india 2017 - SampleFood processing industry in india 2017 - Sample
Food processing industry in india 2017 - SampleNetscribes, Inc.
 
E commerce market in india 2017- Sample
E commerce market in india 2017- SampleE commerce market in india 2017- Sample
E commerce market in india 2017- SampleNetscribes, Inc.
 
Dishwashing market in india 2017 - Sample
Dishwashing market in india 2017 - SampleDishwashing market in india 2017 - Sample
Dishwashing market in india 2017 - SampleNetscribes, Inc.
 
Construction equipment market in india 2017 - Sample
Construction equipment market in india 2017 - SampleConstruction equipment market in india 2017 - Sample
Construction equipment market in india 2017 - SampleNetscribes, Inc.
 
Commercial banking market in india 2017 - Sample
Commercial banking market in india 2017 - SampleCommercial banking market in india 2017 - Sample
Commercial banking market in india 2017 - SampleNetscribes, Inc.
 
Ceramic tiles market in india 2017 - Sample
Ceramic tiles market in india 2017 - SampleCeramic tiles market in india 2017 - Sample
Ceramic tiles market in india 2017 - SampleNetscribes, Inc.
 
Bottled water market in india 2017 - Sample
Bottled water market in india 2017 - SampleBottled water market in india 2017 - Sample
Bottled water market in india 2017 - SampleNetscribes, Inc.
 

Más de Netscribes, Inc. (20)

Water purifier market in india 2017
Water purifier market in india 2017Water purifier market in india 2017
Water purifier market in india 2017
 
Tobacco market in india 2017 - Sample
Tobacco market in india 2017 - SampleTobacco market in india 2017 - Sample
Tobacco market in india 2017 - Sample
 
Soap market in india 2017 - Sample
Soap market in india 2017 - SampleSoap market in india 2017 - Sample
Soap market in india 2017 - Sample
 
Smartphone market in india 2017 - Sample
Smartphone market in india 2017 - SampleSmartphone market in india 2017 - Sample
Smartphone market in india 2017 - Sample
 
Roofing tiles market in india 2017 - Sample
Roofing tiles market in india 2017 - SampleRoofing tiles market in india 2017 - Sample
Roofing tiles market in india 2017 - Sample
 
Protein supplements market in india 2017 - Sample
Protein supplements market in india 2017 - SampleProtein supplements market in india 2017 - Sample
Protein supplements market in india 2017 - Sample
 
Online food delivery in india 2017 - Sample
Online food delivery in india 2017 - SampleOnline food delivery in india 2017 - Sample
Online food delivery in india 2017 - Sample
 
Mobile wallet market in india 2017 - Sample
Mobile wallet market in india 2017 - SampleMobile wallet market in india 2017 - Sample
Mobile wallet market in india 2017 - Sample
 
Milk processing industry in india 2017 - Sample
Milk processing industry in india 2017 - SampleMilk processing industry in india 2017 - Sample
Milk processing industry in india 2017 - Sample
 
Lead acid battery market in india 2017 - Sample
Lead acid battery market in india 2017 - SampleLead acid battery market in india 2017 - Sample
Lead acid battery market in india 2017 - Sample
 
Infrastructure construction market in india 2017 - Sample
Infrastructure construction market in india 2017 - SampleInfrastructure construction market in india 2017 - Sample
Infrastructure construction market in india 2017 - Sample
 
Fruit & vegetable processing industry in india 2017 - Sample
Fruit & vegetable processing industry in india 2017 - SampleFruit & vegetable processing industry in india 2017 - Sample
Fruit & vegetable processing industry in india 2017 - Sample
 
Foundry market in india 2017 - Sample
Foundry market in india 2017 - SampleFoundry market in india 2017 - Sample
Foundry market in india 2017 - Sample
 
Food processing industry in india 2017 - Sample
Food processing industry in india 2017 - SampleFood processing industry in india 2017 - Sample
Food processing industry in india 2017 - Sample
 
E commerce market in india 2017- Sample
E commerce market in india 2017- SampleE commerce market in india 2017- Sample
E commerce market in india 2017- Sample
 
Dishwashing market in india 2017 - Sample
Dishwashing market in india 2017 - SampleDishwashing market in india 2017 - Sample
Dishwashing market in india 2017 - Sample
 
Construction equipment market in india 2017 - Sample
Construction equipment market in india 2017 - SampleConstruction equipment market in india 2017 - Sample
Construction equipment market in india 2017 - Sample
 
Commercial banking market in india 2017 - Sample
Commercial banking market in india 2017 - SampleCommercial banking market in india 2017 - Sample
Commercial banking market in india 2017 - Sample
 
Ceramic tiles market in india 2017 - Sample
Ceramic tiles market in india 2017 - SampleCeramic tiles market in india 2017 - Sample
Ceramic tiles market in india 2017 - Sample
 
Bottled water market in india 2017 - Sample
Bottled water market in india 2017 - SampleBottled water market in india 2017 - Sample
Bottled water market in india 2017 - Sample
 

Último

Book Paid Powai Call Girls Mumbai 𖠋 9930245274 𖠋Low Budget Full Independent H...
Book Paid Powai Call Girls Mumbai 𖠋 9930245274 𖠋Low Budget Full Independent H...Book Paid Powai Call Girls Mumbai 𖠋 9930245274 𖠋Low Budget Full Independent H...
Book Paid Powai Call Girls Mumbai 𖠋 9930245274 𖠋Low Budget Full Independent H...Call Girls in Nagpur High Profile
 
VIP Call Girls Indore Kirti 💚😋 9256729539 🚀 Indore Escorts
VIP Call Girls Indore Kirti 💚😋  9256729539 🚀 Indore EscortsVIP Call Girls Indore Kirti 💚😋  9256729539 🚀 Indore Escorts
VIP Call Girls Indore Kirti 💚😋 9256729539 🚀 Indore Escortsaditipandeya
 
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...tanya dube
 
Call Girls Gwalior Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Gwalior Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Gwalior Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Gwalior Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Call Girls Dehradun Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Dehradun Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Dehradun Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Dehradun Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Faridabad Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...hotbabesbook
 
Call Girls Jabalpur Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Jabalpur Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Jabalpur Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Jabalpur Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Service
Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort ServicePremium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Service
Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Servicevidya singh
 
Lucknow Call girls - 8800925952 - 24x7 service with hotel room
Lucknow Call girls - 8800925952 - 24x7 service with hotel roomLucknow Call girls - 8800925952 - 24x7 service with hotel room
Lucknow Call girls - 8800925952 - 24x7 service with hotel roomdiscovermytutordmt
 
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...vidya singh
 
Call Girls Tirupati Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Tirupati Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Tirupati Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Tirupati Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Bangalore Call Girls Nelamangala Number 9332606886 Meetin With Bangalore Esc...
Bangalore Call Girls Nelamangala Number 9332606886  Meetin With Bangalore Esc...Bangalore Call Girls Nelamangala Number 9332606886  Meetin With Bangalore Esc...
Bangalore Call Girls Nelamangala Number 9332606886 Meetin With Bangalore Esc...narwatsonia7
 
Best Rate (Hyderabad) Call Girls Jahanuma ⟟ 8250192130 ⟟ High Class Call Girl...
Best Rate (Hyderabad) Call Girls Jahanuma ⟟ 8250192130 ⟟ High Class Call Girl...Best Rate (Hyderabad) Call Girls Jahanuma ⟟ 8250192130 ⟟ High Class Call Girl...
Best Rate (Hyderabad) Call Girls Jahanuma ⟟ 8250192130 ⟟ High Class Call Girl...astropune
 
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...aartirawatdelhi
 
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...chandars293
 
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Varanasi Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Cuttack Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 

Último (20)

Book Paid Powai Call Girls Mumbai 𖠋 9930245274 𖠋Low Budget Full Independent H...
Book Paid Powai Call Girls Mumbai 𖠋 9930245274 𖠋Low Budget Full Independent H...Book Paid Powai Call Girls Mumbai 𖠋 9930245274 𖠋Low Budget Full Independent H...
Book Paid Powai Call Girls Mumbai 𖠋 9930245274 𖠋Low Budget Full Independent H...
 
VIP Call Girls Indore Kirti 💚😋 9256729539 🚀 Indore Escorts
VIP Call Girls Indore Kirti 💚😋  9256729539 🚀 Indore EscortsVIP Call Girls Indore Kirti 💚😋  9256729539 🚀 Indore Escorts
VIP Call Girls Indore Kirti 💚😋 9256729539 🚀 Indore Escorts
 
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
 
Call Girls Gwalior Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Gwalior Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Gwalior Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Gwalior Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
 
Call Girls Dehradun Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Dehradun Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Dehradun Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Dehradun Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Faridabad Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service Available
 
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
 
Call Girls Jabalpur Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Jabalpur Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Jabalpur Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Jabalpur Just Call 9907093804 Top Class Call Girl Service Available
 
Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Service
Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort ServicePremium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Service
Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Service
 
Lucknow Call girls - 8800925952 - 24x7 service with hotel room
Lucknow Call girls - 8800925952 - 24x7 service with hotel roomLucknow Call girls - 8800925952 - 24x7 service with hotel room
Lucknow Call girls - 8800925952 - 24x7 service with hotel room
 
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
 
Call Girls Tirupati Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Tirupati Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Tirupati Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Tirupati Just Call 9907093804 Top Class Call Girl Service Available
 
Bangalore Call Girls Nelamangala Number 9332606886 Meetin With Bangalore Esc...
Bangalore Call Girls Nelamangala Number 9332606886  Meetin With Bangalore Esc...Bangalore Call Girls Nelamangala Number 9332606886  Meetin With Bangalore Esc...
Bangalore Call Girls Nelamangala Number 9332606886 Meetin With Bangalore Esc...
 
Best Rate (Hyderabad) Call Girls Jahanuma ⟟ 8250192130 ⟟ High Class Call Girl...
Best Rate (Hyderabad) Call Girls Jahanuma ⟟ 8250192130 ⟟ High Class Call Girl...Best Rate (Hyderabad) Call Girls Jahanuma ⟟ 8250192130 ⟟ High Class Call Girl...
Best Rate (Hyderabad) Call Girls Jahanuma ⟟ 8250192130 ⟟ High Class Call Girl...
 
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...
 
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...
 
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Varanasi Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Cuttack Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service Available
 

Masters Medical Equipments Pvt Ld. - Company Profile

  • 2. Contents Executive Summary Factsheet Offices & Centres Business Model Key People Masters Medical Equipments  SWOT Analysis Pvt. Ltd. Financial Profile Industry Analysis Competitive Landscape Competitive Benchmarking Appendix 2
  • 3. Executive Summary • Masters Medical Equipments Pvt. Ltd. (Masters) is a A, B, C and D and is headquartered in E  Company  • The company is actively involved in G and has H Description • It generates revenues through its product portfolio which includes J, K, L, M and N Business Model • Strength 1 is one of its major strengths, however weakness 1 is one of the key areas of concern • Masters can reap significant benefits owing to opportunity 1 while threat 1may have an adverse affect on  SWOT Analysis the strategic initiatives and growth prospects of the organization • Masters Medical Equipments Pvt. Ltd. generated total revenues of INR A mn in the fiscal year (FY) 20‐‐ registering a y‐o‐y increase of x per cent. It earned a net profit of INR B mn in FY 20‐‐ as compared to a net  profit of INR C mn in FY 20‐‐ Financial Profile • The financial profile of the company includes the profit & loss a/c and the balance sheet depicting the key  financial figures for FY 20‐‐, 20‐‐, 20‐‐ and 20‐‐ along with an analysis of its key ratios that informs about the financial health and capacity to run its operations • Medical Equipments market is estimated at INR E bn in FY 20‐‐ and expected to grow at a CAGR of x per  cent to reach INR F bn in FY 20‐‐ • The Medical Equipments market is classified into segments such as G, H, I and J • Imaging and Diagnostic Device market in India is estimated at INR K bn in FY 20‐‐ and is expected to grow at  Industry Analysis a CAGR of y per cent to reach INR L bn in FY 20‐‐ • The major  imaging devices are M, N, O, P, Q Competitive  • Key competitors for the company can be enlisted as: Competitor 1 and Competitor 2 Landscape 3
  • 4. Factsheet Basic Information Brief Description Industry ‐‐ • Masters Medical Equipments Pvt. Ltd. (Masters) offers A and also B. It is headquartered in C Corporate Address ‐‐ • Its product portfolio includes  providing D, E, F, G, H, I,  J and K • It offers services for M, N and O, provides P, Q, R, S, T, U, V and  W Tel No. ‐‐ • The company is actively involved in X Fax No. ‐‐ •‐‐ •‐‐ Website ‐‐ • Its major clients are P, Q, R, S, etc.    Year  Founded ‐‐ • Masters provides G such as H LE Year  of Incorporation ‐‐ P Ownership ‐‐ M Revenue ‐‐ A Fiscal Year End ‐‐ Auditor Competitors ‐‐ ‐‐ S Brief History  •19‐‐: Source: 4
  • 5. Offices & Centres – India  LE   MP S A HQ Office (Masters) Note: Source: 5
  • 6. Business Model Masters Medical Equipments Pvt. Ltd. Category 1  Category 2 Category 3  SAMPLE  Category 4 Category 5 Category 6 ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ Source: 6
  • 7. Key People  Key Executives Name  Designation Age Year of Joining No. of Shares ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ ‐‐ Ownership Structure Share Holding Pattern Total Paid‐up Capital Number of Shareholders INR A ‐ LE   M MP A 50% S 100% a% Source: Note: 7
  • 8. SWOT Analysis (1/2) Strengths Weakness • Strength 1 • Weakness 1 • Strength 2 Internal  Factors LE   MP S A Source: 8
  • 9. SWOT Analysis (2/2) Opportunities Threats • Opportunity 1 • Threat 1 • Opportunity 2 • Threat 2 External  Factors LE   MP S A Source: 9
  • 10. Financial Profile Financial Snapshot Profit & Loss Statement K L Particulars  2007 2008 2009 2010 INR mn M Operating Income ‐ ‐ ‐ ‐ 80 S Non Operating  ‐ ‐ ‐ ‐ O Income 60 Q Total Income ‐ ‐ ‐ ‐ 40 Operating  ‐ ‐ ‐ ‐ expenses 20 Administrative  P R T ‐ ‐ ‐ ‐ 0 Expenses N Interest  20‐‐ 20‐‐ 20‐‐ 20‐‐ ‐ ‐ ‐ ‐ Expenditure Financial Summary  Total Expenditure ‐ ‐ ‐ ‐   • Analysis Point 1 Earning before  LE Interest & Taxes  ‐ ‐ ‐ ‐ • Analysis Point 2 (EBIT) MP Profit/(Loss) before  Tax ‐ ‐ ‐ ‐ SA Profit/(Loss) after  ‐ ‐ ‐ ‐ Tax Source: Note: 10
  • 11. Ratio Analysis Key Ratios Key Ratio Analysis y‐o‐y  • Analysis Point 1 Particulars  change  2010 2009 2008 2007 (2010‐09) Profitability Ratios ‐ ‐ ‐ ‐ ‐ • Analysis Point 2 Operating Margin ‐ ‐ ‐ ‐ ‐   Net Margin ‐ ‐ ‐ ‐ ‐ LE Profit Before Tax Margin ‐ ‐ ‐ ‐ ‐ • Analysis Point 3 Return on Equity ‐ ‐ ‐ ‐ ‐ P Return on Capital Employed ‐ ‐ ‐ ‐ ‐ Return on Working Capital ‐ ‐ ‐ ‐ ‐ • Analysis Point 4 M Return on Assets ‐ ‐ ‐ ‐ ‐ Return on Fixed Assets ‐ ‐ ‐ ‐ ‐ SA Cost Ratios ‐ ‐ ‐ ‐ ‐ • Analysis Point 5 Operating costs ‐ ‐ ‐ ‐ ‐ Administration costs ‐ ‐ ‐ ‐ ‐ Interest costs ‐ ‐ ‐ ‐ ‐ • Analysis Point 6 Liquidity Ratios ‐ ‐ ‐ ‐ ‐ Current Ratio ‐ ‐ ‐ ‐ ‐ Cash Ratio ‐ ‐ ‐ ‐ ‐ Leverage Ratios ‐ ‐ ‐ ‐ ‐ Debt to Equity Ratio ‐ ‐ ‐ ‐ ‐ Debt to Capital Ratio ‐ ‐ ‐ ‐ ‐ Interest Coverage Ratio ‐ ‐ ‐ ‐ ‐ Efficiency Ratios ‐ ‐ ‐ ‐ ‐ Fixed Asset Turnover ‐ ‐ ‐ ‐ ‐ Asset Turnover ‐ ‐ ‐ ‐ ‐ Current Asset Turnover ‐ ‐ ‐ ‐ ‐ Working Capital Turnover ‐ ‐ ‐ ‐ ‐ Capital Employed Turnover ‐ ‐ ‐ ‐ ‐ Source: Improved Decline Note: 11
  • 12. Annual Financial Ratios Profitability Ratios 1.5 25 20 1.0 15 0.5 10 0.0 5 0 LE   P 2007 2008 2009 2010 ‐0.5 2007 ‐5 2008 2009 2010 40 S AM 30 25 30 20 20 15 10 10 5 0 0 2007 2008 2009 2010 ‐10 2007 ‐5 2008 2009 2010 Source: Netscribes Analysis 12
  • 13. Industry Analysis Medical Equipment Industry – Overview   Market Size & Growth (20‐‐ ‐20‐‐e) • The Medical Equipment market is estimated at INR A bn in FY  20‐‐ and expected to grow at a CAGR of x per cent to reach INR B  INR bn bn by FY 20‐‐ 100 G • This market can be classified into segments such as C, D, E and F x% F • Indian medical equipment market imports y per cent of its  80 E medical equipments from countries such as M, N, O, P  D 60 C B   • Major trends observed in the medical equipment market are: A  40 LE Trend 1  Trend 2  Trend 3 20   Trend 4 M Trend 5 P • Some of the key drivers of the medical equipment market are: 0 20‐‐ 20‐‐ 20‐‐e 20‐‐e 20‐‐e 20‐‐e 20‐‐e SA  Driver 1  Driver 2  Driver 3 Market Segmentation (FY 20‐‐)  Driver 4  Driver 5 a% • Some of the Government initiatives towards the Medical  d% equipment market were: M  Point 1 N  Point 2 O b% P c% Source: 13
  • 14. Industry Analysis Imaging and Diagnostic Device Market – Overview   Market Size & Growth (20‐‐ ‐20‐‐e)  • The Imaging and Diagnostic device market in India is estimated  at INR P bn in FY 20‐‐ and is expected to grow at a CAGR of y per  INR bn cent to reach INR Q bn by FY 20‐‐ 60 p% Y • Major segments of Imaging devices include:  X  Segment 1 W 40 V U    Segment 2 S T LE  Segment 3 20  Segment 4 MP  Segment 5 • Some of the trends observed in the Imaging Devices market are: 0 20‐‐ 20‐‐ 20‐‐e 20‐‐e 20‐‐e 20‐‐e 20‐‐e SA  Trend 1  Trend 2 Import‐Export Pattern of Major Imaging Devices   Trend 3 (20‐‐)  Trend 4 INR mn Y H Z 4,000 3,500 3,000 D 2,500 12% 49% 2,000 1,500 1,000 G I M 500 F J L E K 0 Segment 1 Segment 2 Segment 3 Segment 4 Segment 5 Source: 14
  • 15. Competitive Landscape (1/2) Company Name Description Company 1 • ‐‐ • ‐‐ • ‐‐ • ‐‐ Company 2 • ‐‐ • ‐‐   • ‐‐ LE • ‐‐ MP Company 3 • ‐‐ • ‐‐ • ‐‐ • ‐‐ S A Source: 15
  • 16. Competitive Landscape (2/2) Competitive Scenario Company Name CURA First Medical Genuine Masters Financial Information (INR mn – FY 2010) Total Revenue ‐ ‐ ‐ ‐ Net Profit/(loss) ‐ ‐ ‐ ‐ Major Market Segmentation (Medical Equipments) Medical Equipments: Ultrasound Imaging     Medical X – Ray  Machines     MRI     CT Scanners     Ventilators     Doppler     Patient Monitoring     Source: SAMPLE  H: High; L: Low; M: Medium  Offered  Not Offered 16
  • 17. Competitive Benchmarking (1/2) Key Financial Ratios – FY 2010 (1/2) % G 8 B 6 • Analysis Point 1   4 C • Analysis Point 2 LE 2 A 0 P S T U 40 30 20 % D H E F SA • Analysis Point 3 M 10 • Analysis Point 4 0 S T U O M 3 H • Analysis Point 5 2 I • Analysis Point 6 G 1 • Analysis Point 7 J K L 0 S T U Source: 17
  • 18. Thank you for the attention Masters Medical Equipments Pvt. Ltd. is a part of Netscribes’ Healthcare Company Profile Series. For more detailed information or customized research requirements please contact: Gagan Uppal Jitendra Punjabi Phone: +91 22 4098 7530 Phone: +91 33 4064 6215 E‐Mail: gagan.uppal@netscribes.com E‐Mail: jitendra.punjabi@netscribes.com About Netscribes Netscribes is a knowledge‐consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment  & business research, business & corporate intelligence, content‐management services, and knowledge‐software services. At its core lies a  true value proposition that draws upon a vast knowledge base. Netscribes is a one‐stop shop designed to fulfil clients’ profitability and  growth objectives. This report is published for general information only. Although high standards have been used in preparing this report, Netscribes (India) Pvt.  Ltd. or Netscribes is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes  (India) Pvt. Ltd. and no part may be reproduced without prior written permission. www.netscribes.com 18