A

study
On
Production function
At
SATYENDRA PACKAGING PVT LTD
Subject:
Production & Operations Management
Submitted To:
Zarna patel
Assistant Professor
MBA SEM -2
Anand Institute of Management
Affiliated By : GTU (Gujarat Technological University)
Year : 2014-2015
Submitted by :
Mr. Chirag Gohel
( Enrollment No 2013)
Mr. Alpesh Hadiyal
( Enrollment No 2014 )
Mr. Kamlesh Patel
( Enrollment No 2015)
Ms. Khyati Gor
( Enrollment No 2016 )

INDEX

Sr. no

Content

1.

Company profile

2.

Revenue analysis

3.

Cost analysis

4.

Profit analysis

5.

Summary of findings

6.

Conclusion

COMPANY PROFILE:

Bajaj Auto Limited is an Indian two-wheeler and three-wheeler manufacturing

company. Bajaj Auto manufactures and Rajasthan in the 1930s. It is based
in Pune, Mumbai, with plants in Chakan (Pune), Waluj (near Aurangabad)
and Pantnagar in Uttarakhand.The oldest plant at Akurdi (Pune) now houses
the R&D centre 'Ahead'. sellsmotorcycles, scooters and auto rickshaws. Bajaj Auto
is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in
Bajaj Auto is the world's third-largest manufacturer of motorcycles and the secondlargest in India. It is worlds largest three-wheeler manufacturer.
On 31 March 2013, its market capitalisation was INR 520 billion (US$ 9.57
billion), making it India's 23rd largest publicly traded company by market
value.] The Forbes Global 2000 list for the year 2012 ranked Bajaj Auto at 1,416.
Bajaj Auto Limited

Type

Public company

Traded as

BSE: 532977
NSE: BAJAJ-AUTO
BSE SENSEX Constituent
CNX Nifty Constituent

Industry

Automotive

Founder(s)

Jamnalal Bajaj

Headquarters Pune, India

Key people

Rahul Bajaj (Chairman)

Rajiv Bajaj (MD)

Products

Motorcycles, three-wheeler
vehicles and cars

Revenue

208.39
billion (US$3.3 billion) (201213)[1]

Net income

42.77
billion (US$680 million)
(2012-13)[1]

Employees

8,036 (March 2013)[1]

Parent

Bajaj Group

Subsidiaries

Bajaj Auto Indonesia

Website

www.bajajauto.com

Product

Bajaj Pulsar 200 DTSi

REVENUE ANALYSIS :

Bajaj Auto
Standalone Profit & Loss
account

------------------- in Rs. Cr. ------------------Mar '13

Mar '12 Mar '11 Mar '10 Mar '09

12 mths 12 mths 12 mths 12 mths 12 mths

Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income

19,997.2
12,420.9
20,475.7417,386.51
9,310.24
5
5
0.00 959.09 934.71 607.70 610.07
19,997.2
19,516.6516,451.8011,813.25 8,700.17
5
795.49 413.66 1,176.00
22.50
-6.20
-24.00
94.15
82.79
47.60 -24.49
20,768.7
20,024.4617,710.5911,883.35 8,669.48
4

Expenditure
Raw Materials

14,761.8
14,580.2411,965.30 8,187.116,502.10
3

Power & Fuel Cost

Employee Cost
Other Manufacturing
Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

121.33
639.48

101.85
541.04

86.61
494.33

0.00

73.76

61.77

70.35 60.89
411.76 366.67
57.54

57.08

0.00 364.06 517.27 407.61 381.73

815.36 263.37 168.53 221.94 225.56
0.00
-49.43 -16.66 -15.67 -14.42
16,338.0
15,874.8913,277.15 9,340.64 7,579.61
0
Mar '10 Mar '09
Mar '13

Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Off
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)

3,635.25
4,430.74
0.54
4,430.20
163.97
0.00
4,266.23
0.00
4,266.23
1,222.66
3,043.57
1,576.17
0.00
1,302.15
221.30

Mar '12 Mar '11

3,735.91
4,149.57
22.24
4,127.33
145.62
2.14
3,979.57
46.60
4,026.17
1,022.12
3,004.05
1,294.65
0.00
1,302.15
211.24

3,257.44
4,433.44
1.69
4,431.75
122.84
2.14
4,306.77
46.77
4,353.54
1,011.02
3,339.73
1,311.85
0.00
1,157.47
187.77

2,520.21 1,096.07
2,542.71 1,089.87
5.98 21.01
2,536.73 1,068.86
136.45 129.79
0.00
0.00
2,400.28 939.07
26.87 18.72
2,427.15 957.79
710.12 301.61
1,702.73 656.48
1,153.53 1,077.51
0.00
0.00
578.73 318.30
96.12 54.10

2,893.67 2,893.67 2,893.67 1,446.84 1,446.84

105.18 103.81 115.42 117.69 45.37
450.00 450.00 400.00 400.00 220.00
273.08 208.77 169.69 202.40 129.23

Interpretation of 3 year:
NET SALE:
Bajaj autos net sales increase respectively in 2012 and 2013 by % of 15.70% and
2.40%.and also less from excise duty ,in which net sales more rises in 2012.
Expenditure:
Bajaj autos exprnditure is rising over 2011 against revenue generated from sales.
In which major portion is raw material and misscellenious expenses. E.g increase
by 19% over 2011 and 2.92% over 2012 . followed by consumption of material and
other charges.
PBDIT:
Growth rate of PBDIT is (6.40%) which not good for company and in 2013 will
increase by 6.76%. this also not so good for company but the aver all increase in
PBDIT has been posibale with addition of increase in stock.

PBDT:
Growth rate of PBDT is respectively in 2011 and 2012 of (6.87%) and 7.34%. this
clearly indicate that depreciation has gone grown very much over 2011.
PBT:
The PBT is decrease by (7.60%) in 2012.this is due to increase in interest and also
depreciation . In 2013 PBT increase by 7.20% due to decrease in interest.

PBT EOT:

PBT EOT is decrease by (7.52%) in 2012 decrease in extra ordinary item.And in

2013 increase by 5.96%.
PAT:
The PAT is gone down by (10.05%).this is very pitiable for the company. This is
due to tax obligation . in which major portion is served by deferred tax .and in
2013 increse the PAT by 1.32%.

COST ANALYSIS:

------------------- in Rs. Cr. -------------------

Mar '13

Mar '12
Mar '11
Raw Material Consumed

Cost Of Material
14,761.83
14,580.24
11,965.30
Prime Cost
14,761.83
14,580.24
11,965.30

Factory Overhead

Power & Fuel Cost

121.33
101.85
86.61
Other Manufacturing Expenses
0.00
73.76
61.77
Work Cost
14,883.16
14,755.85
12,113.68

Office Overhead

Employee Cost
639.48
541.04
494.33

Cost Of Production
15,522.64
15,296.89
12,608.01

Selling & Distribution

0.00
364.06
517.27
Total Cost
15,522.64
15,660.95
13,125.28
Profit
4,474.61
3,855.9
3,326.52
Sales

INTERPRETATION

EXPENDITURE :

BAJAJ AUTO has big list of expenditure, which are increasing in the year 2012 in
comparison to the year 2011 & decreasing in the year 2013. this also have impact
on profit too. The major portion of Expenditure increase against Net sales is shown
by Material consumed & the Administrative expenses. Hence, profit is
increasing(16.04% ) in year 2013 in comparison to the year 2012

PROFIT ANALYSIS :
19,997.25
19,516.65
16,451.80

----------- in Rs. Cr. ------Mar '13

Mar '12

Mar '11

12 mths

12 mths

12 mths

20,475.74
959.09
19,516.65
413.66
94.15
20,024.46

17,386.51
934.71
16,451.80
1,176.00
82.79
17,710.59

14,580.24
101.85
541.04

11,965.30
86.61
494.33

73.76

61.77

364.06

517.27

263.37
-49.43

168.53
-16.66

Income
Sales Turnover
19,997.25
Excise Duty
0.00
Net Sales
19,997.25
Other Income
795.49
Stock Adjustments
-24.00
Total Income
20,768.74
Expenditure
Raw Materials
14,761.83
Power & Fuel Cost
121.33
Employee Cost
639.48
Other
Manufacturing
0.00
Expenses
Selling
and
Admin
0.00
Expenses
Miscellaneous Expenses 815.36
Preoperative
Exp0.00

Capitalised
Total Expenses

16,338.00
Mar '13

15,874.89
Mar '12

13,277.15
Mar '11

12 mths

12 mths

12 mths

3,735.91
4,149.57
22.24
4,127.33
145.62
2.14
3,979.57
46.60

3,257.44
4,433.44
1.69
4,431.75
122.84
2.14
4,306.77
46.77

4,026.17

4,353.54

1,022.12
3,004.05
1,294.65
0.00
1,302.15
211.24

1,011.02
3,339.73
1,311.85
0.00
1,157.47
187.77

2,893.67
103.81
450.00
208.77

2,893.67
115.42
400.00
169.69

Operating Profit
3,635.25
PBDIT
4,430.74
Interest
0.54
PBDT
4,430.20
Depreciation
163.97
Other Written Off
0.00
Profit Before Tax
4,266.23
Extra-ordinary items
0.00
PBT (Post Extra-ord
4,266.23
Items)
Tax
1,222.66
Reported Net Profit
3,043.57
Total Value Addition
1,576.17
Preference Dividend
0.00
Equity Dividend
1,302.15
Corporate Dividend Tax 221.30
Per share data (annualised)
Shares in issue (lakhs) 2,893.67
Earning Per Share (Rs) 105.18
Equity Dividend (%)
450.00
Book Value (Rs)
273.08

INTERPRETATION :

PBDIT:-

 Total income during the year 2013 was Rs.4430.74cr and in year 2012 was
Rs.4149.57cr an increased profit in the year 2013 was Rs.281.17cr due to the
increased in net sales of 2.46% in 2013.
Total income in the year 2012 was Rs.4149.57cr which is decrease in
compare to the year 2011 was Rs.4433.44cr. Decrease in profit during the
year 2012 was Rs.283cr due to the increase in the stock adjustment,
employee cost, power and fuel cost.
PBDT:Profit before depreciation and tax during the year 2013 was Rs. 4430.20cr,
and in year 2012 was Rs.4127.33cr. Increase in profit during 2013 was
Rs.302.87cr due to the decrease in the interest Rs.21.7cr.
Profit before depreciation and tax during the year 2012 was Rs.4127.33cr.
and in 2011 was Rs.4433.44. decrease in the profit due to the increased
interest Rs.20.55cr.

PBT: Profit before tax during the year 2013was Rs.4266.23cr. and during the year
2012 was RS.4026.17cr. increased in the profit due to the decreased in the
tax was Rs.46.60cr.
Profit before tax during the year 2012 was Rs.4026.17cr and during the year
2011 was Rs.4353.54cr.decreased in the profit due to increased in power and
fuel, employee cost, stock adjustment, and Misc exp.

PAT:Profit after tax during the year 2013 was Rs. 3043.57cr and during the year
2012 was Rs.3004.05cr, increased in the profit during the year 2013 was
Rs.39.52cr.

Profit after tax during the year 2012 was Rs.3004.05 and during the year
2011 was Rs.3339.73, decreased in the profit during the year 2012 was
Rs.335.68cr.

SUMMARY OF FINDING :

Bajaj Auto Limited is an Indian two-wheeler and three-wheeler manufacturing

company. Bajaj

Auto

manufactures

and

sellsmotorcycles, scooters and auto

rickshaws. Bajaj Auto is a part of the Bajaj Group.Bajaj Auto is the world's thirdlargest manufacturer of motorcycles and the second-largest in India. [4] It is worlds
largest three-wheeler manufacturerTotal Revenue been decreased from previous
year to current year by 478.49 cr. So it is loss for company.The total cost of
company in 2012 was 15,660.95and in the 2013 it is 15,522.64.