Financial performance analysis of IDLC Finance Ltd and prospect of IDLC SME products in future

Abstract

This internship report is prepared for doing analysis on the performance of various SME Products of IDLC Finance Ltd. The SME team recommended me to work on this part and present a final report that will focus on overall performance and prospect of their SME products. IDLC has been doing business in the economy of Bangladesh from 1985 and can be regarded as a successful venture in the business world. With their various SME products they have been serving their clients and stakeholders for many years. Their business operations has not only brought fortune for the business itself but has contributed in the development of the economy of Bangladesh as well. The non-banking financial institutions in Bangladesh have experienced a good growth from the time it was introduced. Among various competitors from the same sector of NBFI, IDLC Finance Ltd has secured a good position in terms of earning a return on capital employed.The SME division of IDLC Finance Ltd has given the company a good edge in terms of enhancing their reputation and market share. A good portfolio of SME products and their customer satisfaction has brought fortune for the business. In this report, IDLC’s past financial statements has been analyzed to make a conclusion about how the business has performed in last five years. It was found that IDLC has experienced a growth in their revenues and employee number in recent years. Furthermore, a survey was also conducted, of which the participants were from the operations division of IDLC Finance Ltd. They had their say on various questionaries’ related to the SME performance of IDLC Finance Ltd. Besides the survey, competitor’s financial performance analysis was also conducted against the performance of IDLC’s. This was done to understand and draw a conclusion that whether IDLC has been able to secure a strong position in the market of NBFI or not.