A Live project On “Study a sale of different brand of edible oil and find the probability that person choosen at random will purchase a popular brand.” Submitted to: Mrs. Rahgu kumari Faculty-Financial management INC-Mira Road
Submitted by: Student Name Sunil D. Tiwari Enrollment no Batch-
8NBMM017 2008-2009
CONTENTS TITLE
PAGES NO.
ACKNOWLEDGEMENT
3
BONAFIDE CERTIFICATE EXECUTIVE SUMMARY
4 5
INTRODUCTION SURVEY ANALYSIS
6 10
SURVEY FINDINGS
11
RESULT
12
REFERENCE
13
QUESTIONIARE SAMPLE
14
ACKNOWLEDGEMENT Sunil D. Tiwari, a student of M.B.A. Semester I from ICFAI National College, is making the true declaration of doing a study On “ ” Under the guidance of Mrs.Rahgu kumari FacultyFinancial management. Sunil D. Tiwari also thanks Mrs. Rahgu Kumari For giving her valuable advice and several constants for Making the study successful. I am also thankful to my colleagues And librarian who have supported me during the study.
Signature of Student
BONAFIDE CERTIFICATE
This is to certify that Mr. Sunil D. Tiwari a student of ICFAI National College has submitted this project on “ ” As a partial fulfillment of MBA Program at INCMira Road, Thane, under the guidance of Mrs. Rahgu Kumari
Signature
(Principal)
EXECUTIVE SUMMARY
This project is about ratios that finds profit and loss account of a company i.e. we can say that knowing these things can give a thought that weather to invest in company or not. That mean people those whose have interest in company they can easily come to know about the company, in general people have clear cut idea about the company performance. Adour is leader in the welding industry, Now we will find that Ador Welding Limited (AWL) is suitable company for investors or not.
OBJECTIVE The objectives of this project to find out the ratio from the balance sheet and profit & loss account. The study also provides information which influences investors to invest in and decision process in selecting company. We will also see that what are the factors that influence investors to invest in company.
INTRODUCTION
Historical perspective of Ador: A pioneer leader in the welding industry, Ador Welding Limited (AWL) has played a significant part in the country’s industrialization and infrastructure development. The company has progressively extended its welding knowledge and expertise to cover many high-end specializations and cater to a sophisticated range of user needs in India and in overseas markets. AWL is a total solutions provider offering an up-to-date suite of welding and cutting consumables, power sources and accessories besides a full package of soft skills and knowledge development for welding and fabrication excellence.
Ms. A. B. Advani
Mr. V. G Kutty
Executive Chairman
Managing Director
Mrs. N. Malkani Nagpal
Mr. G. L. Mirchandani
Director
Director
Mr. J. N. Hinduja
Mr. P. K. Gupta
Director
Director
Mr. Anil Harish
Mr. D. A. Lalvani
Director
Additional Director
Mr. R. A. Mirchandani
Mr. A. T. Malkani
Director
Additional Director
The board of directors:
Vision, mission, values: Vision: The ADOR Group shall be a globally respected industrial leader in all its lines of business. The Group culture shall foster business excellence, high ethical and social practices and create pride for all stake holders in the ADOR family.
Mission: Ador Welding Limited is in the business of providing Software and Hardware Solutions for Metal Joining, Project Engineering and Energy Management. Our mission is to continually improve our technologies, products and services to meet our customer's expectations, allowing us to prosper as a business, provide enhanced value through equitable business partnerships and thus ensure reasonable returns to our shareholders.
Shared Values: The ADOR Group has clearly enunciated its Corporate Values and uses this charter in its day-to-day conduct of business as governing principles of behavior, attitude and actions. The matrix of values is derived from the following:
•Customer Focus Ensure that customer expectations and needs are identified and that our products and services meet these needs most effectively. •Integrity Ensure that there is personal integrity at every level, leading to healthy interpersonal equations and organizational trustworthiness. •Market Leadership Aim to achieve leadership in business growth and profitability by offering Quality Products and Services that shall be the best in their class. •Technology Leadership Aim to excel in Technology and Engineering and achieve leadership by offering cost effective technologies for the benefit of customers and industries. •Global Competitiveness Ensure that our products and services measure up to international benchmarks and thus ensure long term growth for the Company.
•Innovation and Improvement Strive to innovate and excel in everything we do in products, safety, value, services, human relations, competitiveness and profitability. •Human Resource Development Invest in people as a source of strength to the organization. Foster teamwork and ensure that all employees treat each other with mutual trust and respect. •Business Partnership Consciously promote the involvement of value chain partners in order to improve the bouquet of products and services and maintain mutually beneficial and dependable relationships. •Processes and conformance
Ensure superior quality of products and services by establishing superior business processes and conformances. •Systems and Practices Strengthen Systems orientation in order to improve quality in products and services and also optimize utilization of our resources. •Social Awareness Recognize the obligation to society as an integral part of all business practices and maintain high ethical and social standards in all dealings. •Environment Protection Strive to provide a safe and healthy environment and comply with all applicable environmental, health and safety standards, laws and regulations. •Commitments Ensure that all ADORIANS commit themselves to: • High levels of personal and corporate integrity • Working with a passion for excellence • Responding to calls on duty with speed and decisiveness
Being role models for all around them
Group Profile: J. B. Advani & Company Private Limited (JBA) J. B. Advani & Company Private Limited (JBA) has been the nurturing force during the nascent growth phase of various group ventures. JBA put out its shingle in 1908 with five families joining hands for business and trade. Recognizing emerging opportunity, JBA helped set up the partnership with Oerlikon Welding AG Switzerland. This joint venture (the erstwhile Advani-Oerlikon) built India's welding industry during its most formative period and, over a 55-year time horizon, gained strong leadership status in India's welding industry. The other strategically planned group initiatives have also matured into growing businesses which gives the ADOR Group a strong foothold across India's manufacturing and core sectors.
ADOR FONTECH LIMITED Life enhancing solutions for industrial components Ador Fontech Limited (AFL) is a public listed company since 1985 and is well regarded as an industry leader in its class. Across industries and applications, AFL is a byword for Applications Engineering and Refurbishment of vital industrial metal components. AFL has a Centre for Reclamation & Surfacing Solutions which is an exclusive customer service from AFL. The Centre is engaged in development work which covers three broad areas, viz:
Applications expertise development and knowledge sharing • New Applications development and innovations Technology adaptation aimed at converting each • application into an implementable process. •
ADOR POWERTRON LIMITED Tapping into global opportunities in Digital Power Electronics 35 years of establishing domain competence through global technology osmosis has made ADOR POWERTRON LIMITED (APL) a dependable source of Digital Power Solutions. The three APL manufacturing plants carry ISO 9001 Certification, as well as accreditation to the Government of India R & D establishment and the benchmark environment testing CSAC-US & CE Certification. From air-conditioning to mobile telephony and automobiles to retail complexes or giant healthcare establishments, the APL stamp of excellence can be found on a specialized range of high end digital electronic equipment. The Company is also a partner of choice for several well known Companies from all across the world.
Gross profit margin (%)
Year 2005 2006 2007
Gross Profit 43.34 47.32 54.65
sales
Ratio 276.14 290.42 260.55
0.156949 0.162936 2.05838
Net profit Rato After TAx (Rs . crores)
Year 2005 2006 2007
Net Profit (A . T ) sales 40.20 276.14 32.62 290.42 22.56 260.55
Ratio 0.145578 0.11232 0.849718
Long term debt / Equity (Rs. Lacs)
Year
Shareholder’s Fund
Debt
Ratio
2005
125.60
125.6
1
2006
115.70
115.77
1.132426
2007
102.95
103.15
0.998061
Current Ratio
• •
•
Current ratio may be defined as the relationship between current assets and current liabilities. This ratio also known as Working capital ratio is a measure of general liquidity and is most widely used to make the analysis of a short-term financial position (or) liquidity of a company. The standard current ratio for a healthy business is 2.
Current Asset Current Ratio
=
-----------------------Current Liabilities
Current Ratio (Fig in Crore) Current Current Year Assets Liabilities 2005-06 2006-07 2007-08
78.48 72.56 71.86
40.70 49.74 41.28
Ratio 1.928256 1.458786 1.740795
Interpretation: From the above we can clearly see that current ratio is near to 2, which is standard for any business. These measures general liquidity and is most widely used to make the analysis of a short-term financial position (or) liquidity of a company.