You are on page 1of 6

Role & Function of Plant and Machinery

Valuers
By Rakesh Narula & Co.
What is Valuation???
● Valuation of plant and machinery assets determines the

collateral value of the loan amount.

● It is a process of figuring out the value of the company’s

plant and machinery assets.

● A professional plant and machinery valuer looks for

comparables of the equipment by overviewing the

equipment's condition, capacity, year of manufacture, etc.


Role and function of
A professional valuer should be acquainted
Plant and Machinery with the process, method of valuation and
types of plant and machinery.
Valuers ● The valuer should personally visit the site
and carry out his/her survey and analyse
the results citing a solution.

● The valuer must prepare a well-


researched valuation report showing
genuine justification and highlighting
future possibilities.
● It is mandatory to prepare an inventory of all the equipment
owned by the company and jot down detailed information
about them after a proper investigation from the concerned
authorities on the productivity, functions, accuracy,
purchase date, etc.

● The valuer needs to collect detailed information from


related employees and people from other departments like
finance, capital purchase, managers to get a complete
perspective about the company assets.

● While preparing the final report, the valuer should also give
preference to specific contradictions and supporting
details to aid the purpose of valuation.
Changing Scenario of
Valuation
● The demand for professional valuers is
expected to increase owing to the
complexity of valuations and
sophistication of businesses.
● With this, valuation professionals need to
seek specialized training and knowledge
to keep up with the current times.
● With this, the responsibilities of plant and
machinery valuers will increase
drastically.
About Rakesh
Narula & Co.

RNC provides plant and machinery


valuers for valuation of immovable
properties like plant & machinery. Our
services include estimation of
demand/supply, tax, price, etc. Contact
the expert!

Visit us at:
www.rakeshnarula.com

You might also like