A

Project Study Report

On
Summer
Training Undertaken at

VARDHMAN INDUSTRIES

Submitted in partial fulfillment for the

Award of degree of
Master of business Administration
From
RAJASTHAN TECHNICAL UNIVERSITY
KOTA

Titled
‘FINANCIAL ANALYSIS’

SUBMITTED TO SUBMITTED BY

HEAD OF DEPARTMENT DINESH KUMAR VADERA

M.B.A. III SEM
 TO WHOM SO EVER IT MAY CONCERN
CERTIFICATE

This is to certify that DINESH KUMAR VADERA a student of M.B.A. 3rd semester. (finance)
From JIET Group of Institutions has successfully completed practical training in our
organization.

Duration of Training period was from 21st June 2010 to 5th August 2010.

During training we found her sincere, hard working and her overall performance was excellent.
Wishing her all the best for her prospective future.

For VARDHMAN INDUSTRIES.

SANDEEP GOLECHA
(OWNER)
 PREFACE

Management is an essential ingredient in every organized endeavor. Effective and efficient

coordination of human efforts and materials resources requires sound management. In them
turbulent socio-economics environment to today, the job of a manager has become very
challenging. There is no single universal technique of management and the basic management
principles have to be adapted to the environmental demands.

As the part of my MBA curriculum I was required to undergo summer training in a business
organization. For this purpose, I approached to undergo summer training in a business
organization. For this purpose, I approached VARDHMAN INDUSTRIES., Jodhpur.

The project has been designed keeping in view the financial nature of the management of small
scale industries. It seeks to provide a brief and concise view of what Management is all about
and how it can be applied to small industries.

India being a developing economy it is trying hard to promote this sector by doing effective
financial analysis.

In this report I have put my best efforts to analyze the data to the highest level of accuracy and
give my view to the best of my judgment.

This report includes my sincere efforts; I sincerely hope that this report proves to be useful to its
readers also.
 INDEX

CERTIFICATE i)
PREFACE ii)
ACKNOWLEDGEMENT iii)

TABLE OF CONTENT

Serial No. Contents Page No.

1 INDUSTRY PROFILE
2 APPLICATION OF STEET
3 INTRODUCTION
4 S.R.M. GROUP
5 COMPANY PROFILE
6 FINANCIAL HIGHLIGHTS
7 ANALYSIS OF FINANCIAL STATEMENT
8 SIGNIFICANCE OF RATIO ANANLYSIS
9 LIMIATIONS OF RATIO ANALYSIS
10 CONCLUSION
11 SUGGESTIONS
12 LIMITATIONS
13 APPENDIX
14 BIBLOGRAPHY

ACKNOWLEDGEMENT
The report entitled ‘Financial statement Analysis ‘for financial year 2009-2010 is the outcome of
my interim Project (summer Training) at VARDHMAN INDUSTRIES., Jodhpur Rajasthan.
The completion of my training is not only the result of work of student but includes the
precious work, experience, advice, encouragement, guidance and valuable support of associated
persons.
I take this opportunity to convey my sincere thanks to the management of VARDHMAN
INDUSTRIES JODHPUR for permitting me to conduct the present studies. I really admire the
level of perfection they have archived in manufacturing bearings products following the
international standard.
I would also like to convey my gratitude & sincere thanks to Mr. SANDEEP GOLECHA
Owner of VARDHMAN INDUSTRIES. JODHPUR.
I am deeply indebt to HEAD of department Account for very cordially providing me with
conductive atmosphere and Facilities for completing my industrial training satisfactory which
can not only enriched my knowledge but also provided me with an opportunity for taking up
useful practical work.
Last but not the least I want to express my gratitude to bill Gates and his company Microsoft, for
giving me Microsoft Word which has made the entire process of making a project. So very
effortless and simple.

AN
 INTRODUCTION

OF

TEXTILE PRINTING

INDUSTRY

VALUES OF VARDHMAN INDUSTRIES

INTEGRITY: - We shall be honest in our dealing to earn the trust and loyalty of others and our
action must be just and ethical. Integrity must be an integral part of every employee.
1. HARMONYNY & OPERATION: - Our people are the source of our strength.
Involvement and teamwork shall be our core human values. Alone we are weak, together as a
team with mutual understanding, responsibility, trust, respect & sincerity.
2. COURTESY AND HUMILITY:- We shall be courteous and modest in our dealings both
in business and private. We should not act arbitrarily or selfishly with. We shall praise and
encourage people freely. We shall always listen respectfully to public opinion solicit customer’s
suggestion and shall make continuous efforts to make suggestion and shall make continues
efforts to make ourselves better. This will also help us to earn trust of society.
3. COMMUNICATION & OPENNES: - We shall communicate our policies, goals,
objectives and expectations to get involvement of people. The information-shared shall be within
the limit of confidentiality. We shall share related information and date to keep concerned people
up-to-date to enable them to make right decision at right time. We shall create an environment
through effective listening where people are encouraged their views freely and make
contribution. We shall share feeling in constructive manner and gain clear understanding of
alternatives.
4. FAIRNESS-we shall be fair and just in our dealing. This spirit will helps us earn respect and
build our image in society. A fair person is one who is conscientious; sincere has nothing to be
ashamed of and acts above broad both in public and in private.
5. ADJUSTMENT & ASSIMILATION- change is constant in markets, in ideas, in people and
in technology. Progress cannot be achieved unless we adjusted to ever changing conditions
around us. As the world moves forward, we must assimilate, be decisive and adapt quickly to
keep pace with changing environment for this we shall have to keep in close touch with changing
Conditions government policies, public trends and demands to help us improve all our aspects of
our management. We must always striven for new and Vetter way to make continuous
improvement for advancement of company.
6. CUSTOMER FOCUS: - Our prime responsibility is towards our customer and all other who
are impacted by Products and services. We shall focus our energies constantly in understanding
anticipation and meeting customer demands. We shall consistently provide quality products of
good values to their satisfaction and earn their respect.

Functions of Company
a. Manufacturing Process (RAW MATERIAL TO FINISHED GOOD)
1) RAW MATERIAL – The main raw material which is used in
printing textile are
COTTON – Cotton comes in many type. It differ quality wise
The firm order the cotton (quality) acc. To the need and order
which it has to fulfill. Cotton is mainly purchased from southern
India. (e-rode & tripur)

Colour &chemical – colour &chemical are used to design the cotton

Cloth. These are purchased from dealer in jodhpur only

2) FRAME DESIGN – In this process the firm send their frame & design
which is to be designed on the cotton cloth. This work is not done inside the
factory. It is given to “Textile Frame Designer”. Then they design the
frame. Designing the frame means outlining the design of the frame which
is further used for printing process.
3)

b. Accounting
All the accounting transaction were done only in cash book.(“MAHAJANI” it is a very old
process of doing accounting transaction.) All the inventory stocks are maintained in RG1 manual
form, Remaining all are transaction done through computer system. The company has their own
software for all accounting treatment.

c. Billing / Cheque Collection

All the credit payment done by Cheque and company purchases any raw material & other thing
by cash only their daily continuous work .
There is some short term transaction are-
(i) Short Purchase
(ii) Transport system payment by cash.

d. Tally Calling
All the orders are done through phone calls according to the requirement of size & gauge they
prepared material.