MP byco report
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Transcript of MP byco report
Slide 1
SIDRA KHALID
CASE ANALYSIS
BYCO petroleum pakistan Ltd
Country
Pakistan
Date of Incorporation
January 9, 1995
Registered Under
The Companies Ordinance 1984.
Location
Status
Chief Executive Officer
Registered Address
Mujtaba Jafarey
9th Floor, The Harbour Front, Dolmen City, HC-3, Block-4, Marine Drive, Clifton, Karachi-75600, Pakistan.
Listed Company
Mouza Kund, Hub, Baluchistan, Pakistan
Company name
Marketed products
oil and gas
INTRODUCTION OF BYCO
Byco is Pakistans emerging energy companies engaged in the businesses of oil refining, petroleum marketing, chemicals manufacturing and petroleum logistics. Headquartered in Karachi, we are serving our mission to fulfill the energy demand within and beyond borders
The company also operates 254 retail outlets. In addition, it provides bulk storages services of petroleum products.
The company was formerly known as Bosicor Pakistan Limited.
Byco Petroleum Pakistan Limited was incorporated in 1995 and is based in Karachi, Pakistan.
It carries out the refining and production of petroleum products.
The company refines crude oil into various saleable components such as high speed diesel, liquefied petroleum gas (LPG), motor spirits, lubricants, high octane blending components, kerosene, jet fuels, furnace oil and naphtha.
The company's product portfolio includes Light Petroleum Gas, Light straight Run Naphtha, Heavy Naphtha, Kerosene, High Speed Diesel, Furnace Oil, Jet Fuel-1, and Jet Fuel-4 It also sells its products in the United Arab Emirates, Taiwan, Oman, India, and Afghanistan
REMARKABLE HISTORY
Byco held Long Service Awards and the Safety Awards ceremony.
Dec 2012, the first ever oil tanker berthed at its newly-established deep sea Single Point Mooring (SPM) facility constructed by BTPL.
Petroleum Pakistan Limited built the largest capacity StoraByco ge Tanks in the country.
OWNERSHIP STRUCTURE
CORPORATE STRATEGY
Manufacturing of a wide range of petroleum products with the objective to achieve sustainable productivity, profitability and high standards to address the environment, health and safety requirements.
CURRENT STRATEGIC DIRECTION
VISION
Our vision is to bea leading energy company through delivering the core business, achieve sustainable productivity and profitability to deliver a superior shareholder return.
MISSION
Our mission is to proactively invest in the development of infrastructure, in order to become a single source supply chain for meeting the economys energy, petroleum and petrochemical needs thereby providing the best possible return to all our stakeholders.
VALUES
Byco values are the guiding principles that define how it conducts its business and what it stands for as a company. This includes:
Setting high standards of care for environment, health and safety.
Investment in human capital, offer competitive employment terms and provide safe and congenial working environment and an equal opportunity for all our employees.
Entail human resource development and promotes openness, professionalism, teamwork and trust.
Enhancing value addition, implementing conservation measures and growth up-gradation through addition of newer generation technologies.
Credibility, goodwill and reputation earned through ethical practices, honesty, integrity and respect for people.
Safeguarding of shareholders' interest and providing them with a consumer rate return on equity is an integral part of our business ethics.
These values are the basis of our commitment to operate as a sustainable energy company.
COMPETITORS OF BYCO:
PSO
SHELL
CALTEX etc
BYCO PESTEL Analysis
According to (Byco), Macro environmental analysis is find out the external forces that affect accompany to produce and sell, which are consisted of Political, Economic, Social, Technological, Legal and Environmental factors that affect externally a business.
Political Analysis:
Political factors refer to government policy such as the degree of intervention in the economy. This might include trading policies, lobbying, inter-countries relations, and that can affect the business.
Economic Analysis:
Economical factors that might affect a business can be world economy or national economy of the environment where the business is running
Technological Factor:
Technology is another environmental and external force that affects a business. In case of Byco, as we can see on many sources of information, such as websites and newspapers, we can find out Byco has the advantage of having advanced technology in deep water exploration of the oil.
Legal factor:
Legal factors are those legislations that affect a business, such as employment law, anti-trust law and etc.
Environmental factor:
Environment is very important and environmental activists are playing more important roles in the business. Sometimes the environmental activist can put pressure to the government and make new legislations
INTERNAL FACTOR EVALUATION MATRIX
WeaknessesWeightRatingW.Scorehigh loan rates are possible0.0820.16Marketing operations lost $95 million in second quarter0.1530.45stop drilling new gas wells in US continent.0.0520.10decrease in revenue.0.1340.52strengthsSkilled work force0.1730.51technology0.1940.76Customer loyalty0.1840.72expansion0.0520.1Total1.003.32BYCO PSO
COMPETITIVE PROFILE MATRIX
RATIO ANALYSIS
Ratio Analysisis a form of Financial StatementAnalysisthat is used to obtain a quick indication of a firm's financial performance in several key areas. Theratiosare categorized as Short-term SolvencyRatios, Debt ManagementRatios, Asset ManagementRatios, ProfitabilityRatios, and Market ValueRatios.
LIQUDITY RATIOS
2012CURRENT RATIO QUICK RATIOCASH RATIO0.359000000000000324.3500000000000004E-21.8000000000000026E-22013CURRENT RATIO QUICK RATIOCASH RATIO0.620000000000000995.1000000000000073E-35.1000000000000073E-3
PROFITABILITY RATIO
ROAROEGROSS PROFIT MARGIN -3.1000000000000017E-2-0.1292.5000000000000001E-2ROAROEGROSS PROFIT MARGIN -0.63000000000000045-0.265000000000000018.5000000000000006E-2
EFFICIENCY RATIOS
2012ACCOUNT RECEIVABLE TURN OVERACCOUNT RECEIVABLE IN DAYS ACCOUNTS PAYABLE IN DAYS22.97999999999998615.8790000000000160.792013ACCOUNT RECEIVABLE TURN OVERACCOUNT RECEIVABLE IN DAYS ACCOUNTS PAYABLE IN DAYS79.74.583.16
SOLVENCY RATIOS
2012TIME INTEREST EARNED RATIO DEBT TO EQUITYDEBT TO TOTAL ASSET 0.465.41.19300000000000012013TIME INTEREST EARNED RATIO DEBT TO EQUITYDEBT TO TOTAL ASSET 0.8720000000000014.281.0940000000000001
INVESTORS RATIO
2012DFLEPSDIVIDEND YEILD 0.26-57.4400000000000119E-22013DFLEPSDIVIDEND YEILD 0.67000000000000126-37.4400000000000119E-2
STRENGTH
Increase profitability and revenue
Monetary assistance provided
Reduced labor costs
Barriers of market entry
Different technology
Best quality petrol
SWOT ANALYSIS
Byco announced completion of the country largest oil refinery installation. This newly commissioned petroleum Refinery has an installed refining capacity of 120, 000 barrels per day.
Petroleum Pakistan Limited built the largest capacity Storage Tanks in the country.
The success of Byco industrial lubricants are due to their international quality and customer care, said by Tausef Bari, Chairman Faisalabad Dry Port
The strength of Byco industrial lubricants is in its high product quality.
The state of the art lab facility backed by sales services and technical support to its customers .
Byco Petroleum Pakistan Limited have captured the market share lost by the PSO.
Byco Petroleum Pakistan Limited (BYCO) announced a substantial increase in net sales of 281 percent over the nine-month period ended March 31, 2013. Byco Industries Incorporated (BII) has identified great potential and opportunities in energy sector in this region and has invested in related businesses in Pakistan and United Arab Emirates.
ERP (SAP) software is used together the information.
WEAKNESSES
investments in research and development
Unknown
costshigh loan rates are possible
future profitability may decline due to instable
economic conditions
Costs of environmental hazards
Not well known brand
CHALLENGES
CURRENT CHALENGES OF HR Extending capacity from 30,000 barrels to 115,000 barrels.
Search for organization fitted employee not job fitted.
Recruit more than 300 employees. Time period 2 to 3 months.
Biblography
http://www.brecorder.com/fuel-a-energy/193:pakistan/1167779:byco-organises-seminar-on-industrial-lubricants/?date=2015-04-01
http://www.thenews.com.pk/Todays-News-6-237380-PSO-denies-allegations-of-misleading-customers
http://www.byco.com.pk/index.php?option=com_content&view=article&id=22&Itemid=55
www.byco.com