A quick look at the stock market reveals that most companies in India are publicly traded and their financial statements are available in the form of financial statements. Investors can find out the financial statements of the company by looking at the company’s annual report or by visiting the company’s website. However, some companies do not have their financial statements posted on their websites or they do not have them since the year ended. In such cases, investors can find the financial statements of the company by looking at the company’s annual report. In this post, you will learn how and where to find the last 10 year financial statements of listed companies.
The most important documents in a company are its balance sheet and income statement (or profit and loss account). The balance sheet is a statement of a company’s assets, liabilities and equity, so it is an important tool for understanding a company’s financial position. It helps you understand how much a company is worth, how much cash it has, what its long-term liabilities are and how much it owes to external sources. The income statement shows all the revenue a company makes in a given period, together with its spending, and what changes it made to its assets during the year.
Reading a company’s financial statements is an important part of fundamental analysis that no investor should ignore.
Here, investors need to read the financial statements of a company of at least 5-10 years to understand the performance, growth rate, trends, consistency, etc. of the company. For example, a high profit for one or two years is not a sufficient basis for drawing conclusions. However, if you see that the bottom line of the income statement has been growing at a good rate for the last 5-10 years, it could be a sign of a healthy business.
In short, it is essential that investors read (and understand) a company’s financial statements before investing.
However, for newcomers, finding the financial statements of Indian companies for the last ten years can be a daunting task. In addition, there are so many paid/subscribed plans available for detailed corporate financial statements that it can be difficult for newcomers to decide whether to opt for a paid plan or use the Internet to download the reports for free.
Paid plans are generally advantageous because they offer comprehensive reports and tools. However, they are often more suitable for professionals than for retail investors. For ordinary investors, it is best to use free websites/sources to find financial reports of Indian companies over the last 10 years.
In this post, we will discuss free websites and resources to find and download financial statements of Indian companies. Here we go!
How can I find the 10 year financial statements of Indian companies?
1. Company’s Official Website
The Company’s website is the first and most important source for finding its financial statements. You can download a company’s quarterly and annual reports by visiting the company’s official website and going to the Investors or Investor Relations page.
However, in order to organize the reports for the past 10 years, it may be necessary to manually download the annual reports one by one. However, it is the best source for investors to download financial statements of listed Indian companies.
2. Financial websites
In India, there are a number of free financial websites that offer five to ten years of specific financial statements of Indian companies in one place. Two of the easiest financial sites for beginners to get to know are:
Screener is a simple, clean and powerful website. You can also download the financial statements of listed Indian companies in Excel here.
To download the financial reports, simply go to the Screener website and search the search bar for the company you are interested in. Then go to the company page where you will find the Export to Excel option.
Quick tip: To download a report in Excel format, you must create an account on Screener.
Money Control is probably one of the most popular financial websites in India for researching stocks and other financial instruments.
To download the financial statements of an Indian company, visit the company’s page on the Money Control website. Then select Financial from the left-hand tab and click on the financial report (income statement, balance sheet or cash flow statement) you want to download.
Some other websites you can visit to search for financial statements of Indian companies are Yahoo Finance, Equity Master, Marketsmojo, etc.
Also, read 5 Apps Investors in the Indian stock market need to know.
3. Stock Exchange Websites
Finally, you can always visit the stock exchange website (NSE/BSE) to download the financial statements of Indian companies. The Fellowships are constantly working to improve their website, and the user interface is much better than it was a few years ago.
To download the financial statements, search for the company name in the search bar above and open the company page. Results and annual reports can be found in the financial section of the company page.
Final thoughts:
While investors have many options to find the financial statements of Indian companies over the last 10 years, the easiest and best option is the official website of the company.
A notable problem with financial websites is that they have to adjust their financial data a bit to fit their layout, so the data presented on the website may not be completely accurate. In addition, there have been instances where the financial data on these financial pages has not matched the financial statements reported by the Company (this may be due to human or computer errors in entering the data). Therefore, it is always advisable to download the annual reports of companies from their official websites as this is a more reliable source of information.
However, a simpler approach for investors is to use these financial websites for a quick search and then download the annual reports from the company’s website/NSE/BSE when they want to conduct a more in-depth search.
So much for this post. I hope you find this useful. Have fun investing!!!
Frequently Asked Questions
Where can I find 10-year financial data on companies?
The 10-year financial data on companies is available on stock screener websites, company websites & Stock exchange websites.
Where can I find the financial statements of Indian companies?
The financial statements of Indian companies are available on stock screener websites, company websites & Stock exchange websites.
How do I find a company’s financial statements?
Financial statements are typically found in the company’s annual report.
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