Professional Documents
Culture Documents
Darshan PPT 2
Darshan PPT 2
Kamalapuram,YSR Kadapa
A Project Report
Submitted in partial fulfilment of the
requirement for the award of the degree of
Master of Business Administration
Jawaharlal Nehru Technological University, Anantapur
by
Y SUDARSHAN REDDY, II MBA
(Reg. No: 17P11E0079)
1
CHAPTER NO CHAPTER NAME PAGE NO
I CHAPTER-1
1.1 INTRODUCTION
1.2 REVIEW OF LITERATURE
II CHAPTER-2
2.1 INDUSTRY PROFILE
2.2 COMPANY PROFILE
III CHAPTER-3
3.1 NEED FOR THE STUDY
3.2 SCOPE OF THE STUDY
3.3OBJECTIVES OF THE STUDY
3.4 RESEARCH METHODOLOGY
3.5 LIMITATIONS OF THE STUDY
IV CHAPTER-4
4.1 DATA ANALYSIS AND
INTERPRETATION
V CHAPTER-5
5.1 FINDINGS
5.2 SUGGESTIONS
5.3 CONCLUSION
VI
ANNEXURE
BIBILOGRAPHY
2
CHAPTER-1
INTRODUCTION
Managing is the art of getting things done through people in formally organized
groups. Management can thus be defined as the art or skill of directing human activities
and physical resources in the attainment of predetermined goals. The ability to manager
can take advice from technical or function experts consider the information given by
him. And come to a conclusion that results in a management decision. Management is
practiced with the help of five basic functions:
Planning
Organizing
Staffing
Directing and
Controlling
“Management ’’ is a wide term; it carries different meanings depending on the
Context in which it is used . It is described as an “activity”, a “process”, and a “group
of people” vested with the authority to make decisions.
DEFINITION:
Management is what a manager does.
-Louis Allen
To manage is to forecast and plan. to organize, to command, to coordinate, and to
control
- Henry FAYOL.
Management is a multipurpose organization that manages a business, manages a
manager and manages a worker and work.
-Peter Ducker
3
1.2 INTRODUTION TO FINANCIAL MANAGEMENT
4
FUNDS FLOW STATEMENT
The basic financial statements i.e., the Balance Sheet and Profit & Loss A/c or
Income Statement of business reveals the net effect of various transactions on
operational and financial position of the company. The balance sheet gives a summary
of the assets & liabilities of an undertaking at a particular point of time.
There are many transactions that take place in an undertaking and which do
not operate Profit & Loss A/c. Thus another statement has to be prepared to show the
change in Assets & Liabilities from the end of one period of time to the end of another
period of time. The statement is called a statement of changes in financial position or a
Funds Flow Statement.
` The Funds Flow Statement is a statement which shown the movement of funds
and is a report of financial operations of business undertaking. In simple words it is a
statement of source and application of funds.
The term “Fund” has been defined and interpreted differing by different experts.
Broadly the term fund refers to all the financial resource of the company on the other
extreme fund has been understood as cash only. The most acceptance meaning of the
“fund” is “working capital”.
A) CASH FUND OR NARROW SENSE In a narrow sense, funds mean only cash.
‘Cash flow statement portrays net effect of various business transactions cash into
account receipts & disbursement of cash.
The concept of preparing funds from statement is not accepted, as there are many such
transactions that do not affect cash but represent the flow of fund.
5
For Ex:
Purchase of furniture on credit does not affect cash but there is flow of fund.
Here funds means all financial resources used in business, whether in the form
of men, money, material, machine & others.
Networking capital means differences between current assets & liabilities. A fund
generally refers to cash or cash equipment or to working capital.
INTRODUCTION OF FUNDS FLOW ANALYSIS:
In any business we cannot under estimate the flow of funds from two operations. The
business runs with funds but the organization knows how to flow of funds.
“Funds from Operations” statement shows how much funds from operations.
Fund flow statements are prepared by taking the balance sheets for two dates
representing the coverage period. The increases and decreases must then be calculated
for each item. Finally, the changes are classified under four categories: (1) Long-term
sources, (2) long-term uses, (3) short-term sources, (4) short-term uses.
It is also important to zero out the non-fund based adjustments in order to capture only
the changes that are accompanies by flow of funds. However, income accursed but
received and expenses incurred but not received reckoned in the profit and loss
statement should not be excluded from the profit figure for the fund flow statement.
Fund flow statements can be used to identify a variety of problems in the way
a company operates. For example, companies that are using short-term money to
6
finance long-term investments may run into liquidity problems in the future.
Meanwhile, a company that is using long-term money to finance short-term
investments may not be efficiently utilizing its capital.
The term flow means movement & includes both ‘inflow’ & ‘outflow’. The
term flow of funds means transfer of economic values from one asset of equity to
another. Flow of funds is said to have taken place when any transaction makes changes
in amount of funds available before happening of transactions. If the effect of
transaction results it increase of funds. It is called a “source of funds” and it is results
in decrease of funds, it is known as an application of funds.
RULE
The flow of funds occurs when a transaction changes on one hand a non-
current A/c and on the other a current A/c and Vice-versa. According to working capital
concept of funds the term “Flow o Funds” return to movement of funds in working
capital.
CURRENT ASSETS
Current Assets are those assets, which in the ordinary course of business can be or
will be converted into cash within a short period of normally one accounting year
. CURRENT LIABILITIES
Current liabilities are those liabilities which are intended to be paid in ordinary
course of business with in short period of normally one accounting year out of the
current assets or the income of the business.
7
Features of current liabilities & current assets
8
MEANING & DEFINITION OF FUNDS FLOW STATEMENT
FOUIKE DEFINES
ANTHONY DEFINES
The Funds Flow Statement describes the sources from which additional funds
were derived and the use to which these sources were put.
The purpose of statement is to indicate clearly the requirement of funds and how
they are proposed to be raised and efficient utilization & application of the same.
Funds Flow statement is called by various names such as sources and application of
funds, statement of changes in financial position, sources and uses of funds, summary
of financial operations, movement of working capital, movement of funds statement,
sources of increase and application of decrease etc…
9
USES, SIGNIFICANCE AND IMPORTANCE OF FUNDS FLOW
STATEMENT
A Funds Flow Statement is an essential tool for the financial analysis and is of
primary importance to financial management. Now a day it is being widening used by
the financial analysis.
Fund Flow Statements are prepared for financial analysis in order to meet the needs
of people serving
It highlights the different sources and applications or uses of funds between the two
accounting Period.
It helps the management to take corrective actions while deviations between two
balance sheets figure.
It is an instrument used by the investors for effective decisions at the time of their
investment Proposals.
The basic purpose of funds flow statement is to reveal the changes in working capital
on 2 balance sheets.
10
DIFFERENCE BETWEEN FUNDS FLOW STATEMENT & CASH FLOW
STATEMENT
3. Schedule of changes
Schedule of changes in working capital
No such Schedule of changes in
in is prepared to show the changes in working
working capital current assets and Capital is prepared.
current liabilities.
11
INDUSTRY PROFILE
INTRODUCTION:
GLOB AL SCENARIO:
Cement is a key infrastructure company. It has been decontrolled from price and
distribution on 1st march, 1989 and deli censed on 25th July, 1991. However, the performance
of industry and prices of cement are monitored regularly. The constraints faced by the
industry are reviewed in the Infrastructure Coordination Committee meetings held in the
Cabinet Secretariat under the chairmanship of Secretary (Coordination). Its performance is
also reviewed by the Cabinet Committee on Infrastructure.
Global bigwigs in cement
Large, France
HOLCIM ,Switzerland
VICAT, France
CEMEX, Mexico
ITALCEMENTI, Italy
12
Technological change
Cement industry has made a tremendous change strides in technological up gradation and
assimilation of latest technology. At present ninety three per cent of the total capacity in the
industry is based on modern and environment-friendly dry process technology and only seven
per cent of the capacity is based on old wet and semi-dry process technology. There is
tremendous scope for waste heat recovery in cement plants and thereby reduction in emission
level. One project for co-generation of power utilizing waste heat in an Indian cement plant is
being implemented with japans assistance under Green Aid Plan. The induction of advanced
technology has helped the industry immensely to conserve energy and fuel and to save
materials substantially.
INDIAN SCENARIO
India is the world's second largest producer of cement with total capacity of 219
million tones (MT) at the end of FY 2009, according to the Cement Manufacturer’s
Association.
Moreover, the government’s continued thrust on infrastructure will help the key
building material to maintain an annual growth of 9-10 per cent in 2010, according to India’s
largest cement company, ACC.
In January 2010, rating agency Fitch predicted that the country will add about 50
million tone cement capacity in 2010, taking the total to around 300 million tone.
13
New Investments
Cement and gypsum products have received cumulative foreign direct investment
(FDI) of US$ 1.71 billion between April 2000 and February 2010, according to the
Department of Industrial Policy and Promotion
In January 2010, Swiss cement company HOLCIM announced plans to invest US$ 1
billion for setting up 2-3 greenfield manufacturing plants in India in the next five
years. The expansion will take the company’s total cement-making capacity to 60 per
annum (million tones, per annum) from 50 per annum currently.
JAIPRAKASH Associates Ltd will invest US$ 984.1 million to take its cement
manufacturing capacity from 20 per annum to 33 per annum by 2012.
Madras Cements Ltd is planning to invest US$ 178.4 million to increase the
manufacturing capacity of its ARIYALUR plant in Tamil Nadu to 4.5 MT from 2 MT
by April 2011.
Monnet ISPAT & Energy (MIEL) will set up cement plants in Chhattisgarh and
Gujarat with an investment of about US$ 527.9 million. Work on the two plants will
begin in the October-December quarter under a new division of the company to be
christened Monnet Cement.
AMBUJA Cements, the country’s third-largest cement maker, plans to spend around
US$ 756.3 million to expand its capacity to 24 per annum from the current 19 per
annum by year-end to meet strong demand from the infrastructure sector.
DALMIA Cement has increased its stake in OCL India to 45.4 per cent from 21.7 per
cent at an investment of US$ 38.24 million as part of its plan to expand its footprint in
eastern India.
In April 2010, French cement maker VICAT bought 51 per cent in BHARATHI
Cement.
ULTRATECH Cement, the country’s second-largest cement maker and a part of
ADHITYA Birla group is acquiring Dubai-based ETA Star Cement for an enterprise
value of US$ 382.1 million.
14
Government Initiatives
Government initiatives in the infrastructure sector, coupled with the housing sector
boom and urban development, continue being the main drivers of growth for the Indian
cement industry.
Increased infrastructure spending has been a key focus area. In the Union Budget
2010-11, US$ 37.4 billion has been provided for infrastructure development.
COMPANY PROFILE
The company was formerly known as RAGHURAM Cements ltd and changed its
name to BHARATHI Cement Corporation Pvt. Limited (BCCPL) commenced its
commercial operations from its NALINGAYAPALLI manufacturing plant, located in
KADAPA district of Andhra Pradesh, .The . The company had set up the cement plant in
September 2009.
“The first phase to supply 2.5 million tone(ml) is ready for production and the Phase-II
of 2.5 ml will be ready in the last quarter of 2010,” the company said in a press release.
15
“BHARATHI Cement will initially focus on Andhra Pradesh, Tamil Nadu, Karnataka,
Goa, Kerala and parts of Maharashtra. It will gradually increase its pan-India presence
through organic and inorganic growth,” the company added, saying 50 per cent of the
company's cement will be dispatched by road and the rest by rail.
The BHARATHI Cement plant has the most advanced German Technology equipment
has a capacity of producing 360 tons per hour to produce a range of high quality cements
such as OPC, PPC, PSC’BCC,. With claims of being the largest in the world with a 360 ton
per hour grinding capacity, is also planning to set up a thermal-based captive power plant at
the plant location, besides entering the ready-mix concrete segment.
BHARATHI Cement is committed to take this business to a market leading position and
already has a strong network of 600 dealers and 1,000 sub-dealers,”
16
Regd. office & works:
BHARATHI Cement Corporation Ltd
NALINGAYAPALLI village, KADAPA( District)516289
ANDHRA PRADESH, INDIA
Pin
Corp office:
H .no .8-2-696, CARMEL POINT, Banjara hills Hyderabad
Organizational Structure:
Using the basic object types – constructs of relationships is built to mirror the business
edifices and processes. By assigning object characteristics, validations, requirements etc, we
can capture complex organizational realities with relative ease.
Process Flow:
• Before creating all of the other necessary objects and relationships, the user must first create
a root organizational unit. Once one organizational unit has been created, it is recommended
to create the appropriate organizational units below it.
• Jobs may be created after an organizational unit exist.
17
Inputs:
Organization chart
• Root org unit
• Additional Org units
• Jobs if Required
• Positions
• Details to where the positions need to be mapped.
• Position Details like Position Type, Position Sub Type, Department, and Sub department.
Every organization has its organizational structure. According to this every employee has
some specific work. The work also depends upon their levels. As per their levels in different
departments they will have to do their work.
18
BUSINESS LEVEL FUNCTIONS
HR FUNCTION
MARKETING FUNCTION
FINANCE FUNCTION
19
CHAPTER-3
It tells about the amount of working capital and changes in the amount of
working capital .It is to analyse the balance sheet and to reveal the financial and
inventing objective .It is a tool of planning future activities of business. It analysis the
profit and loss account to reveal the effect of business activities of concern on the flow
of funds .It is an instrument for allocation of resources.
SCOPE OF THE STUDY
The funds flow statement is to analyse the financial performance of BHARATHI cement
.Funds flow statement studies how the firm obtained funds and how those funds are used
.They are more appropriately called as sources and application of funds.
Funds flow analysis can be seen in 3 forms.
1. Schedule of changes in working capital.
2.Calculation of operating profit.
3.Calculation of sources and application
Though sincere attempt has been made during the study certain the limitations are
they are:
1. The study based on the data given by the officials and reports of the company the
confidentially of some facts and figures are also one limitation.
2. Financial statement analysis is based on balance sheet, profit and loss account
prepared as per accounting practice.
3. This study is based on past only 5 year’s financial information.
4. The project duration limited period that is two months only.
20
RESEAECH METHODOLOGY
SOUECES OF DATA
There are onetype of data collection method availabl
1. SECONDARY DATA
The secondary data was collected form already published sources such as
annual reports, returns and internal records, journals, annuals reports of the company
etc., it will save the time , money and efforts to collect the data. Secondary data also
made available through trade magazine, balance sheets, books etc.,
21
CHAPTER-4
124.53
22
STATEMENT OF SOURCES & APPLICATION OF FUNDS FOR THE PERIOD
(2013-14)
AMOUNT APPLICATION OF AMOUNT
RS FUNDS RS
Secured loans 17.58 Unsecured loans 154.47
Funds from Net increases in
operations 396.97 working capital 124.53
Capital work in Other Expenses 109.06
progress 5.37 Employee Benefit
Expenses 31.86
419.92 419.92
Amount
180
160
140
120
100
80
60
40
20
0 Amount
Net increase other Employee Un secured
in working expenses Benefit loans
capital Taxes
17.58 396.97 5.37
Secured Funds From capital work in progress
Loans Operations
23
STATEMENT OF SCHEDULE OF CHANGE IN WORKING CAPITAL
PARTICULARS 2014 2015 EFFECT ON WORKING
CAPITAL
INCREASE DECREASE
Current Assets :
Inventories 1,513.12 1,855.61 342.49
Sundry Debtors 202.41 887.02 684.61
Cash & Bank Balances 902.05 917.85 15.8
Loans & Advances 1,579.53 2,077.38 497.85
Total Current Assets(A)
4,197.11 5,737.86
Current Liabilities :
Current Liabilities 545.54
Provisions 1,823.22 2,368.67 16.36
Total current liabilities(B) 132.27 148.63
Working Capital(A-B)
Net increase in working
1,955.49 2,157.3
capital
Total Net Working Capital 2,241.62 3,220.56 978.94
978.94
3,220.56 3,220.56 1,540.75 1,540.75
24
STATEMENT OF SOURCES & APPLICATION OF FUNDS FOR THE PERIOD
(2014-15)
SOURCES OF AMOUNT APPLICATION OF AMOUNT
FUNDS RS FUNDS RS
Un Secured loans 701.85 Secured loans 351.49
Funds from operation 614.44 Net increase in
Capital work in working capital 978.94
progress 112.49 Employee benefit
expenses 30.34
Other expenses 68.01
1,428.78 1,428.78
Amount
900
800
700
600
500
400
300
200
100
0
Amount
Net increase Employee Other
in working Benefit expenses
capital expenses
14.22 692.93 291.79 19.52
Secured Un Secured Funds from Capital work
loans loans operations in progress
25
STATEMENT OF SCHEDULE OF CHANGES IN WORKING CAPITAL
PARTICULARS 2015 2016 EFFECT ON WORKING
CAPITAL
INCREASE DECREASE
Current Assets:
Inventories 1,855.61 1,264.89 590.72
Sundry Debtors 887.02 1,610.89 723.87
Cash & Bank Balances 917.85 452.76 465.09
Loans & Advances 2,077.38 1,969.20 108.18
Total Current Assets(A)
Current Liabilities: 5,737.86 5,297.74
Current liabilities 364.82
Provisions 2,368.67 2,733.49 49.97
Total Current Liabilities(B) 148.63 198.60
Working Capital(A-B)
Net decrease in WC 2,517.3 2,932.09
Total Net working capital 854.91
3,220.56 2,365.65
854.91
3,220.56 3,220.56 1,578.78 1,578.78
26
STATEMENT OF SOURCES & APPLICATION OF FUNDS FOR THE PERIOD
(2015-16)
1,301.8 1,301.8
4.4.4: Graph:
Amount
1200
1000
800
600
400
200
0 Amount
Net Employee Other
increase Benefit expenses
in working expenses
capital
14.22 692.93 291.79 19.52 1,018.46
Secured loans
Un Secured
Funds
loans
from operations
Capital work in progress
INTERPRETATION:
Sources of funds:
Net decrease in working capital 854.9 Funds from operations 446.96.
Applications of funds:
Secured loans 533.07and capital work in progress 204.5, employee benefit expenses
16.8and other expenses 47.
27
STATEMENT OF SCHEDULE OF CHANGES IN WORKING CAPITAL
PARTICULARS 2016 2017 EFFECT ON WORKING
CAPITAL
INCREASE DECREASE
Current Assets:
Inventories 1,264.89 1,671.40 406.51
Sundry Debtors 1,610.89 1,294.14 316.75
Cash & Bank Balances 452.76 457.03 4.27
Loans & Advances 1,969.20 1,657.72 311.48
Total Current Assets(A)
Current Liabilities: 5,297.74 5,080.29
Current liabilities 510.76
Provisions 2,733.49 3,244.25 6.9
Total Current Liabilities(B) 198.6 191.7
Working Capital(A-B)
Net decrease in working 2,932.09 3,244.25
capital 721.31
Total Net working capital 2,365.65 1,644.34
721.31
2,365.65 2,365.65 1,138.99 1,138.9
191.7
249.14
28
STATEMENT OF SOURCES & APPLICATION OF FUNDS FOR THE PERIOD
(2016-17)
Sources of Funds Amount Application of Funds Amount
RS RS
Funds from operation 150 Unsecured loans 1,211.08
Secured loans 379.66 Capital work in
Net decreased in working 4,355.74 progress 1.02
capital 721.31 Employee benefits 38.74
1,250.84 1,250.84
4.4.4: Graph:
Amount
900
800
700
600
500
400
300
200
100
0
Amount
Net increase in Employee Other expenses
working capital Benefit
expenses
14.22 692.93 291.79
Secured loans Un Secured Funds from
loans operations
INTEPRETATION:
Sources of funds:
Funds from operations 364.56 and secured loans 150 and net decrease in working capital
is 721.31.
Applications of funds:
Unsecured loans 1211.08 and capital work in progress 1.02 and employee benefit
expenses is 38.74.
29
STATEMENT OF SCHEDULE OF CHANGE IN WORKING CAPITAL
PARTICULARS 2017 2018 EFFECT ON WORKING
CAPITAL
INCREASE DECCREASE
Current Assets:
Inventories 1,671.40 2,252.35 580.95
Sundry Debtors 1,294.14 1,436.68 142.54
Cash & Bank Balances 457.03 296.16 160.87
Loans & Advances 1,657.72 2,599.44 901.72
Total Current Assets(A)
5,080.29 5,080.29
Current Liabilities:
Current liabilities 676.73
Provisions 68.86
3,244.25 3,920.98
Total Current Liabilities(B)
191.7 122.84
Working capital(A-B) 3435.95 4043.82
Net increase in working capital
Total net working capital 1,644.34 2501.33 856.47
856.47
2501.33 2501.33 1,694.07 1,694.07
30
STATEMENT OF SOURCES & APPLICATION OF FUNDS FOR THE PERIOD
(2017-18)
Sources of Funds AMOUNT Application of Funds AMOUNT
RS RS
Secured loans 14.22 Net decrease in working
Funds from operations 291.79 capital 856.47
Un secured loans 692.93 Employee benefit
Capital work in progress 19.52 expenses 19.52
Other expenses 142.47
1,081.36 1,081.36
4.4.5: Graph:
1000
900
800
700
600 Amount
500
400 Appilications Of
Funds(Outflow)
300
200 Amount
100
0
Secured Un Funds Capital
loans Secured from work in
loans operations progress
INTERPRETATION:
Sources of funds:
Secured loans 14.22 and Un Secured loans 692.93 and Funds from operations 291.79 and
Capital work in progress 19.52.
Applications of funds:
Net increase in working capital 856.47 and employee benefit expenses 19.52 and the
other expenses was 142.47.
31
CHAPTER-5
FINDINGS
1. The company working capital will be increased in the year of 2014 to 2015,when
compared to 2013 to 2104.
2.The company reserves and surplus fluctuated in throughout the company.
3. The capital work in progress fluctuated in year by year from 2013 to 18.
4.The purchase of fixed assets will be increased in 2017 to 18 and decreased in 2016
to 2017.
5.Secured loans will be fluctuated in year by yearand to in increased 2018 when
compared to other years
SUGGESTIONS:
1. Financial measures should be taken in order to maintain the adequate working capital.
2.The company always maintain good reserves and surplus.
3. Trading activity should be operated effectively to generate more funds.
4. Try to reduce the sale of fixed assets.
5.To maintain the effective utilization of funds and try to control the wastages of funds.
CONCLUSION:
By the analysis of funds flow statement ,I conclude that overall performance of the company is
good but take more preventive steps on work in progress, maintain good working capital is suggest
earlier and avoid losses to get more returns. So the company can improve its profitability of the
business.
32
ANNEXURE
33
BALANCE SHEET AS ON 31-3-2014, RS IN LAKHS
PARTICULARS 2014 2013
Source of Funds
Total Share Capital 28.18 28.09
Equity Share Capital 28.18 28.09
Share Application Money 0 0
Reserves 1,875.93 1,643.93
Net Worth 1904.11 1807.56
Secured Loans 382.15 364.57
Unsecured Loans 982.05 827.58
Total Debt 1,364.20 1,124.53
Total liabilities 3268.31 2,642.53
Mar'14 Mar'13
12mths 12mths
Application Of Funds
Gross Block 1344.1 1320.1
Less:Accum .Depreciation 550.4 505.24
Net Block 793.7 694.78
Capital Work -in-Progress 20.64 15.27
Investments 212.35 210.25
Inventories 1,513.12 1,412.21
Sundry Debtors 202.41 104.01
Cash And Bank Balances 902.05 824.05
Total Current Assets 2617.58 2340.27
Loans And Advances 1,579.53 1,525.34
Total,Loans And Advances 4197.11 3,426.24
Current Liabilities 1823.22 1,624.25
Provisions 132.27 124.50
Total CL &Provisions 1,955.49 1,950.49
Net Current Assets 2241.62 2,121.50
Total Assets 3268.31 3,192.21
34
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31-3-2015, RS
IN LAKHS
PARTICULARS 2015 2014
INCOME
Revenue From Operations[Gross] 5,054.21 3,324.86
Less:Excise/Service Tax/Other Levies 85.34 56.93
Revenue From Operations[Net] 4,968.87 3,267.93
Other Operating Revenues 4854.4 4371.33
Total Operating Revenues 9,823.27 7,639.26
Other Income 116.67 79.76
Total Revenue 9,939.94 7,719.02
EXPENSES
Cost Of Materials Consumed 5,860.65 4,991.07
Purchase of stock in Trade 1,934.91 885.69
Changes In Inventories Of FG,WIP,And
Stock-In-Trade -258.87 -219.97
Employee Benefit Expenses 188.22 157.88
Finance Costs 116.51 86.29
Depreciation And Amortisation
Expenses 56.16 61.74
Other Expenses 1037.06 767.86
Total Expenses 8934.64 6,730.56
Mar-15 Mar-14
12 mths 12 mths
Profit/Loss Before Exceptional,
ExtraOrdinary Items And Tax 1005.3 988.46
Exceptional Items -35.53 0
Profit/Loss Before Tax 969.77 988.46
Tax Expenses -Continued Operations
Current Tax 1,969.95 298
Less:MAT Credit Entitlement 1813.446 0
Deferred Tax 1,969.95 -4
Total Tax Expenses 1813.446 294
Profit/Loss After Tax And Before 1,656.94
Extraordinary Items 1500.437 694.46
Profit/Loss continuing Operations 693.27 694.46
Profit&Loss for the Period 693.27 694.46
35
BALANCE SHEET AS ON 31-3-2015, RS IN LAKHS
PARTICULARS 2015 2014
Source of Funds 28.26 28.18
Total Share Capital 28.26 28.18
Equity Share Capital 0 0
Share Application Money 2,342.93 1,875.93
Reserves 2371.19 1904.11
Net Worth 733.64 382.15
Secured Loans 1683.9 982.05
Unsecured Loans 2,417.54 1,364.20
Total Debt 4788.73 3268.31
Total liabilities Mar'15 Mar'14
12mths 12mths
Application Of Funds
1397.32 1344.1
Gross Block
590.22 550.4
Less:Accum . Depreciation
807.1 793.7
Net Block
133.13 20.64
Capital Work -in-Progress
627.94 212.35
Investments
1,855.61 1,513.12
Inventories
887.02 202.41
Sundry Debtors
917.85 902.05
Cash And Bank Balances
3660.48 2617.58
Total Current Assets
2,077.38 1,579.53
Loans And Advances
5737.86 4197.11
Total,Loans And Advances
2368.67 1823.22
Current Liabilities
148.63 132.27
Provisions
2,517.30 1,955.49
Total CL &Provisions
3220.56 2241.62
Net Current Assets
4788.73 3268.31
Total Assets
36
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31-3-2016, RS IN
LAKHS
PRATICULARS 2016 2015
INCOME
Revenue From Operations[Gross] 5,663.82 5,054.21
Less:Excise/Service Tax/Other Levies 105.28 85.34
Revenue From Operations[Net] 5,558.54 4,968.87
Other Operating Revenues 3001.7 4854.4
Total Operating Revenues 8,560.24 9,823.27
Other Income 67.03 116.67
Total Revenue 8,627.27 9,939.94
EXPENSES
Cost Of Materials Consumed 4,858.69 5,860.65
Purchase of stock in Trade 1,529.99 1,934.91
Changes In Inventories Of FG,WIP,And
Stock-In-Trade 147.20 -258.87
Employee Benefit Expenses 205.02 188.22
Finance Costs 176.67 116.51
Depreciation And Amortisation
Expenses 58.54 56.16
Other Expenses 1084.83 1037.06
Total Expenses 8,060.94 8934.64
Mar-16 Mar-15
12 mths 12 mths
Profit/Loss Before Exceptional,
ExtraOrdinary Items And Tax 566.33 1005.3
Exceptional Items 0 -35.53
Profit/Loss Before Tax 566.33 969.77
Tax Expenses -Continued Operations
Current Tax 114.01 290.5
Less:MAT Credit Entitlement 104.01 0
Deferred Tax 112.34 -14
Total Tax Expenses 122.34 276.5
Profit/Loss After Tax And Before
Extraordinary Items 443.99 693.27
Profit/Loss continuing Operations 443.99 693.27
Profit&Loss for the Period 443.99 693.27
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BALANCE SHEET AS ON 31-3-2016, RS IN LAKHS
PARTICULARS 2016 2015
Source of Funds
Total Share Capital 28.31 28.26
Equity Share Capital 28.31 28.26
Share Application Money 0 0
Reserves 2,147.30 2,342.93
Net Worth 2175.61 2371.19
Secured Loans 424.57 733.64
Unsecured Loans 1815.01 1683.9
Total Debt 2,239.58 2,417.54
Total liabilities 4415.19 4788.73
Mar'16 Mar'15
12mths 12mths
Application Of Funds
Gross Block 1766.28 1397.32
Less:Accum.Depreciation 624.23 590.22
Net Block 1142.05 807.1
Capital Work -in-Progress 27.94 133.13
Investments 879.55 627.94
Inventories 1,264.89 1,855.61
Sundry Debtors 1,610.89 887.02
Cash And Bank Balances 452.76 917.85
Total Current Assets 3328.54 3660.48
Loans And Advances 1,969.20 2,077.38
Total,Loans And Advances 5297.74 5737.86
Current Liabilities 2733.49 2368.67
Provisions 198.6 148.63
Total CL &Provisions 2,932.09 2,517.30
Net Current Assets 2365.65 3220.56
Total Assets 4415.19 4788.73
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PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31-3-2017, RS IN
LAKHS
2017 2016
PRATICULARS
INCOME
Revenue From Operations[Gross] 6,601.90 5,663.82
Less:Excise/Service Tax/Other Levies 122.64 105.28
Revenue From Operations[Net] 6,479.26 5,558.54
Other Operating Revenues 2901.26 3001.7
Total Operating Revenues 9,380.52 8,560.24
Other Income 61.37 67.03
Total Revenue 9,441.89 8,627.27
EXPENSES
Cost Of Materials Consumed 5,947.55 4,858.69
Purchase of stock in Trade 1,229.22 1,529.99
Changes In Inventories Of FG,WIP,And
Stock-In-Trade -123.95 147.20
Employee Benefit Expenses 243.76 205.02
Finance Costs 210.96 176.67
Depreciation And Amortisation
Expenses 82.03 58.54
Other Expenses 1345.33 1084.83
Total Expenses 8,934.90 8,060.94
Mar-17 Mar-16
12 mths 12 mths
Profit/Loss Before Exceptional,
ExtraOrdinary Items And Tax
Exceptional Items 506.99 566.33
Profit/Loss Before Tax -12.61 0
Tax Expenses -Continued Operations 494.38 566.33
Current Tax
Less:MAT Credit Entitlement 153.9 114.01
Deferred Tax 0 104.01
Total Tax Expenses -4.37 112.34
Profit/Loss After Tax And Before 149.53 122.34
Extraordinary Items
Profit/Loss continuing Operations 344.85 443.99
Profit&Loss for the Period 344.85 443.99
344.85 443.99
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BALANCE SHEET AS ON 31-3-2017, RS IN LAKHS
PARTICULARS 2017 2016
Source of Funds
Total Share Capital 28.32 28.31
Equity Share Capital 28.32 28.31
Share Application Money 0.26 0
Reserves 2,204.74 2,147.30
Net Worth 2233.32 2175.61
Secured Loans 789.13 424.57
Unsecured Loans 603.93 1815.01
Total Debt 1,393.06 2,239.58
Total liabilities 3626.38 4415.19
Mar'17 Mar'16
12mths 12mths
Application Of Funds
Gross Block 1928.73 1766.28
Less:Accum.Depreciation 717.62 624.23
Net Block 1211.11 1142.05
Capital Work -in-Progress 26.92 27.94
Investments 744.01 879.55
Inventories 1,671.40 1,264.89
Sundry Debtors 1,294.14 1,610.89
Cash And Bank Balances 457.03 452.76
Total Current Assets 3422.57 3328.54
Loans And Advances 1,657.72 1,969.20
Total,Loans And Advances 5080.29 5297.74
Current Liabilities 3244.25 2733.49
Provisions 191.7 198.6
Total CL &Provisions 3,435.95 2,932.09
Net Current Assets 1644.34 2365.65
Total Assets 3626.38 4415.19
Contigent Liabilities
Book Value Rs. 538.15 772.82
78.86 76.86
40
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31-12-2018,
RS IN LAKHS
INCOME
Revenue From Operations[Gross] 8,231.07 6,601.90
Less:Excise/Service Tax/Other Levies 170.37 122.64
Revenue From Operations[Net] 8,060.70 6,479.26
Other Operating Revenues 3224.56 2901.26
Total Operating Revenues 11,285.26 9,380.52
Other Income 55.6 61.37
Total Revenue 11,340.86 9,441.89
EXPENSES
Cost Of Materials Consumed 7,097.00 5,947.55
Purchase of stock in Trade 1916.23 1,229.22
Changes In Inventories Of FG,WIP,And
Stock-In-Trade -407.56 -123.95
Employee Benefit Expenses 275.48 243.76
Finance Costs 209.32 210.96
Depreciation And Amortisation
Expenses 103.31 82.03
Other Expenses 1550.7 1345.33
Total Expenses 10,744.48 8,934.90
Mar-18 Mar-17
12 mths 12 mths
Profit/Loss Before Exceptional,
ExtraOrdinary Items And Tax 596.38 506.99
Exceptional Items -3.94 -12.61
Profit/Loss Before Tax 592.44 494.38
Tax Expenses -Continued Operations
Current Tax 186.92 153.9
Less:MAT Credit Entitlement 0 0
Deferred Tax 2.38 -4.37
Total Tax Expenses 189.3 149.53
Profit/Loss After Tax And Before
Extraordinary Items 403.14 344.85
Profit/Loss continuing Operations 403.14 344.85
Profit&Loss for the Period 403.14 344.85
41
BALANCE SHEET AS ON 31-DEC-2018, RS IN LAKHS
Source of Funds
Total Share Capital 29.13 s28.32
Equity Share Capital 29.13 28.32
Share Application Money 0 0.26
Reserves 2,135.40 2,204.74
Net Worth 2,164.53 2233.32
Secured Loans 803.35 789.13
Unsecured Loans 1296.86 603.93
Total Debt 2,100.21 1,393.06
Total liabilities 4264.74 3626.38
Mar'18 Mar'17
12mths 12mths
Application Of Funds
Gross Block 2274.05 1928.73
Less:Accum.Depreciation 908.77 717.62
Net Block 1365.28 1211.11
Capital Work -in-Progress 46.44 26.92
Investments 352.21 744.01
Inventories 2,252.35 1,671.40
Sundry Debtors 1,436.68 1,294.14
Cash And Bank Balances 296.16 457.03
Total Current Assets 3985.19 3422.57
Loans And Advances 2,559.44 1,657.72
Total,Loans And Advances 6544.63 5080.29
Current Liabilities 3920.98 3244.25
Provisions 122.84 191.7
Total CL &Provisions 4,043.82 3,435.95
Net Current Assets 2500.81 1644.34
Total Assets 4264.74 3626.38
42
BIBILOGRAPHY
www.moneycontrol.com
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