University Of Mumbai

A PROJECT REPORT ON

“A STUDY ON EMPOWERING FINANCIAL GROWTH ANALYZING COMPANY

OPERATIONS AND FINANCIAL RATIOS OF TOP PERFORMING COMPANIES OF
IT SECTOR.”

SUBMITTED IN PARTIAL FULFILLMENT FOR THE AWARD OF THE DEGREE OF

MASTER OF MANAGEMENT STUDIES (MMS)

(UNDER UNIVERSITY OF MUMBAI)

SUBMITTED BY:

PIRITI KUMARI

ROLL NO – 97

BATCH – 2022-2024

UNDER THE GUIDANCE OF

PROF. DR. SANDEEP CHOPDE

MET INSTITUTE OF MANAGEMENT

BHUJBAL KNOWLEDGE CITY,

BANDRA RECLAMATION, MUMBAI – 400050

 ACADEMIC YEAR 2023-2024

Summer Internship Report

A PROJECT REPORT ON SUMMER INTERSHIP AT TECHMIHIRNAIK

PROJECT TITLE:

“A STUDY ON EMPOWERING FINANCIAL GROWTH ANALYZING

COMPANY OPERATIONS AND FINANCIAL RATIOS OF TOP
PERFORMING COMPANIES OF IT SECTOR.”

BY:

PIRITI KUMARI

ROLL NO – 97

SPECIALISATION: FIINANCE

BATCH – 2022-2024
 CERTIFICATE

This is to certify that Project titled a study on empowering financial growth analysing
company operations and financial ratios of top performing companies of IT-Software
sector is successfully completed by Piriti Kumari during the II semester, in partial fulfilment
of the Master’s Degree of Management studies recognized by the University of Mumbai for
the academic year of 2022-24. Bearing Roll No. 97 in the II semester of academic year of
2022-24.

This project work is original and was not submitted earlier for any award of any degree/
diploma or associated with any other institution /university.

Name: Dr. Sandeep Chopde

Date:
 DECLARATION

I hereby declare that, this Project report submitted by me to the University of Mumbai is a
bonafide work undertaken by me and it is not submitted to any other University or Institution
for the award of any degree/ diploma/ certificate or published any time before.

Name: Piriti Kumari (Signature of student)

Date:
 ACKNOWLEDGEMENT

I wish to offer my thanks to TechmihirNaik Group for giving me a chance to be a part

of their regarded association and upgrade my insights by conceding authorization to do
summer internship under their direction.

I truly say thanks to Mr. Mayank, HR at TechmihirNaik. who was genuine wellspring of
help and furthermore I accept this open door to thank my colleagues.

I express my
gratitude to my guide Dr. Sandeep Chopde, Faculty Member of MET IOM for giving his
timely inputs and suggestions throughout my summer internship which has contributed
immensely in the making of this report.

I likewise thank Dr. Swati Lodha, Director, Dr. Nitin Kulkarni, Course Coordinator for their
help. An exceptional on account of our Placement Department for their help and guidance and
providing me the opportunity to embark on this project.

I would like to thank every one of them with whom I collaborated. Their due participation and
inspiration made the finish of this internship effective.

Regards,

Name of the Student: Piriti Kumari

Date:

Place: Mumbai

Internship Certificate
Certificate (i)
Declaration (ii)
Acknowledgement (iii)
Abstract 1
1.Introduction 2
1.1 About the company 2
2.Research Methodology 3
2.1Research Problem 3
2.2 Scope of Study 3
2.3 Objective of Study 3
3.Fundamental Analysis 4
3.1Economic Analysis 4
3.2Industry Analysis 5
3.2.1History 5
3.2.2Growth and Opportunities 5
3.2.3Market Size and Revenue 6
3.2.4Porter 5 Forces 7
3.3Company Analysis 9
3.3.1Introduction 9
3.3.2Management Analysis 10
3.3.3Ratio Analysis 12
3.3.4 Calculation and Interpretation 18
4.Findings and Conclusion 30
5.Bibliography 32
Index
 List Of Tables

Table 1: Average Ratio of last 6 years…………………………………………………………28

Table 2: Rank Allotted as per their Averages…………………………………………………..28

Table 3: Final Ranking of the

companies……………………………………………………….29
 List of Diagrams

Diagram 1: Contribution of IT Sector in India’s GDP………………………………………….4

Diagram 2: Market Size of IT Industry in

India………………………………………………….6

Diagram 3: Market Capitalization of selected

companies……………………………………...30
 Corporate Social Responsibility (CSR) is a concept where businesses take responsibility for
the impact of their activities on society and the environment. In simpler terms, it's about
companies doing good things beyond just making profits.

CSR involves actions like reducing pollution, conserving energy, treating employees fairly,
and supporting local communities through charity or volunteering. It's like a company saying,
"We care about more than just making money; we want to make a positive difference in the
world."

For example, a company might donate a portion of its profits to help build schools in
underprivileged areas, or it might implement eco-friendly practices to reduce its carbon
footprint. CSR is also about how a company treats its employees, ensuring fair wages, safe
working conditions, and opportunities for growth and development.

Overall, CSR is about being a responsible and ethical business, considering the impact of its
decisions not only on profits but also on people and the planet. It's about making choices that
benefit society as a whole, not just the bottom line.

Corporate Social Responsibility (CSR) is a concept that reflects a company's commitment to

manage its operations in a way that not only maximizes profits but also considers the impact
on society and the environment. In simpler terms, CSR is about businesses doing more than
just making money; it's about recognizing their role in society and taking actions to contribute
positively to it.

CSR is a multifaceted approach that encompasses environmental stewardship, social

responsibility, philanthropy, ethical behavior, and corporate governance. By embracing CSR,
companies can contribute to sustainable development, foster positive relationships with
stakeholders, enhance their reputation and brand image, mitigate risks, attract and retain talent,
and ultimately create long-term value for shareholders.

Overall, CSR is not just a corporate obligation or a marketing strategy; it's a mindset that
recognizes the interconnectedness of business, society, and the environment. It's about doing
well by doing good and making a positive difference in the world. In today's increasingly
complex and interconnected world, CSR is more important than ever, as businesses play a
critical role in addressing pressing global challenges such as climate change, social inequality,
and economic development. By embracing CSR, companies can become agents of positive
change and contribute to building a more sustainable and equitable future for all.

The most effective CSR plans ensure that while organizations comply with legislation, their investments
also respect the growth and development of marginalized communities and the environment. CSR should
also be sustainable – involving activities that an organization can uphold without negatively affecting their
business goals.

Organizations in India have been quite sensible in taking up CSR initiatives and integrating them into their
business processes.

It has become progressively projected in the Indian corporate setting because organizations have recognized
that besides growing their businesses, it is also important to shape responsible and supportable relationships
with the community at large.

Companies now have specific departments and teams that develop specific policies, strategies, and goals for
their CSR programs and set separate budgets to support them.

Most of the time, these programs are based on well-defined social beliefs or are carefully aligned with the
companies’ business domain.

Listed companies in India spent INR 100 billion (US$1.4 billion) in various programs ranging from
educational programs, skill development, social welfare, healthcare, and environment conservation, while
the Prime Minister’s Relief Fund saw an increase of 139 percent in CSR contribution over last one year.

The education sector received the maximum funding (38 percent of the total) followed by hunger, poverty,
and healthcare (25 percent), environmental sustainability (12 percent), rural development (11 percent).
Programs such as technology incubators, sports, armed forces, reducing inequalities saw negligible spends.