CONTENTS

SL NO PART-A Introduction to the concept TOPICS PAGE NO

Industry profile Background and inception of the company Nature of the business carried Vision, Mission and Quality policy Product/Service Profile Area of operation-Global/National/Regional Ownership pattern Competitors Information Infrastructural facilities Achievement/ Awards Work flow model McKinneys 7S Model PART-B Title of the project Statement of the problem Objectives Data collection Statistical tools used for research Sampling Technique Plan of Analysis Limitations of the study Data Analysis & interpretation Summary of findings Suggestions Conclusions Future Growth Learning Experience

Introduction to the concept

India is developing country in which more than 70% population is dependent upon agriculture. In India Wheat, Cotton, Rice, Tobacco & Sugarcane are the some main crops. But the sugar cane is one of the important agricultural productions. And or by using the sugar We produce sugar. Which is very important item of daily meals? Sugar is mainly used for tea, Coffee and so many food products. It is also important raw material for bakery industry. The Sugar is produced by so many co-operative and also private factories.

The first scheme of sugar factory in co-operative society has been introduced by Mr.G.N. Sahastrabudhe & R.N. Hiremath in 1912. But first Co-operative sugar factory started in 1918, by the Lallubhai Samaldas & G. N. Sahastrabudhe in baramati. But due to lake of sugar Cane the factory stopped its working in 1924.

After that, in co-operative field, under the guidance of Vilnalirao patil, Dr Dhanjay Gudgil Tried to start second co-operative sugar factory. He was started pravar -co-operative Sugar factory in 1950 at loni this factory got success in market therefore some other sugar Factories were going to start in Pune, after, the late 1970 there was a rapid increase in trend of co-operative sugar factory.

PFROFILE OF THE INDUSTRY

INDUSTRIAL PROFILE

ABOUT THE SUGAR INDUSTRY IN INDIA:India has been known as the original home of sugar & sugar cane.indian Mythology supports the above facts as it contains legends showing the origin of sugarcane. India is the second largest producer of sugarcane next to BRAZIL. Presently above 4 million Hectors land is under the sugarcane with an average yield of 70 tonnes per hectors.

India is the largest single producer of the sugar including traditional trade Sugar sweeteners, Khandsari & gur equivalent to 26 million tonnes row value followed by Brazil in second place at 18.5 millions tonnes. Even in respect of white crystal sugar. India has ranked No.1 position in 7 out of last 10 years.

HISTORY OF SUGAR INDUSTRY IN INDIA:Traditional sweeteners gur & khandsary are consumed mostly by the rural population in India. In the early 1930s nearly 2/3rd of sugarcanes production of alternates sweeteners gur & khandsari. With better standard of living & higher incomes, the sweetener demand has shifted to white sugar. Currently about 1/3rd sugarcane production is utilized by the Gur & Khandsari sectors . being in the small scale sector, these two sectors are completely free form controls & taxes which are applicable to sugar sector.

The advent of the modern sugar processing industry in India began 1930 with grant of tariff to the Indian sugar industry, The number of sugar mills increased from 30 in the year 1930-31 to 135 in the year 1935-36 &the production during the same period in created form 1.20 lakh tonnes to 9.34 lakh tonnes under the dynamic leadership of private Sector. The area of planning for industrial development began in 1950-51 & Government laid down targets of sugar production & consumption, licensed & installed capacity, Sugarcane production during each of Five year plan periods.

MANUFACTURING PROCESS & TECHNOLOGY:Sugar (sucrose) is a carbohydrate that occurs naturally in every fruit & vegetable . is a major product of pirotosynthesis, the process by which plants transforms the suns energy into food. Sugar occurs in greatest quantities in sugarcane & sugar beets form which it is separated for commercial use. The natural sugar stored in the cal stalk or beet root is separated from rest of the plant material through a process known as refining.

For sugarcane the process of retaining is carried out in following steps. Pressing of sugarcane to extract the juice. Boiling the juice unit it begins to thicken & sugar begin to crystallize.

Spinning the crystal in a centrifuge to remote the syrup, producing raw sugar. Shipping the raw sugar to a refinery where it is wasted & filtered to remove Remaining non sugar ingredient & colour. Crystallizing, drying & packing the refined sugar.

Beet sugar processing is the similar but it is alone in one continuous process without the raw sugar stage. The sugar beets are washed sliced & soaked in hot water to separate the sugar containing juice from the beet fiber. The sugar laden juice is the purified, filtered,

For the sugar industry, capacity utilization is conceptually different from the applicable to industries in general. In depends on three crucial factors the actual numbers of ton sugarcane crushed in a day, the recovery rate which generally depends on the quality of the cane & actual length of the crushing season. Since cane is not transported to any great extent, the quality of the cane that a factory receiver on its location & it outside its control. The length of the crushing season also depends upon location with the maximum being in south Indian. sugarcane in India is used to make either sugar, Khandsari or gur . However sugar products produced are divided into four basic categories; Granulated, brown, liquid, sugar, and invert sugar.

PFROFILE OF THE COMPANY

Name of the factory

Shree Halasidnath Sahakari Sakhar Karkhana LTD. Shree Halasidnath Sahakari Sakhar Karkhana LTD. Shankaranand nagar, Nipani. TAL:-Chikodi. DIST:Belgaum PIN:-591237. APRIL-1981. JANUARY-1987. DSK/REG-2/80-81. 22-04-1981. STD CODE (08338) Chairman-220355 Office-222090 (08338)221315

Address

Year of Establishment 1st Crushing Season Register Number Register Date Phone Number

FAX Number

BACKGROUND &INCEPTION OF THE COMPANY

BACKGROUND & INCEPTION COMPANY.

Halsidhanath sahakari sakhar karkhana is placed 3 km away from Nipani in north side at Shankaranandnagar , Tal:chikodi Dist: belgaum. Halsidhanath sahakari sakhar karkhana is the support pillar to the sugar cane producer farmes in the Nipani area. The karkhana was started by the some social workers in nipani area with a view to provide an good option to the former in this area like sugarcane.

Mr. Baburao Budihalkar was the chief promoter in this project But, some other

The foundation of karkhana building was held on 9-11-1982. The chief guest for this function was Shri.Rajiv Gandhi who was the prime minister of India in that time. The Karkhana started its regular working on 30-9-1989. The delay was due to the changing political conditions in Karnataka state. The Karkhana developed a very good rapport with the farmers in this area and worked

for their progress . So, the karkhana is operating in entire Chikkodi taluka and Alur,Bhairapur, Kanagala, Shippur, Karajaga,Rashing,Bad,Nangnur,Mattiwade,Hitani,Shekinhasur,Konankeri, sadlaga thirteen(13) villages in Hukkeri taluka.

Only Belgum in Belgum laluka and Soudatti in Raibag Taluka all these part of Belgaum district in the Karnataka state. And Arjuni, Chikhali, Gorambe, Shendur, Shankarwadi, Vandur all these eight (8) villages in Kagal taluka is a part of Kholapur district in the Maharashtra state Thus, it will comprise of part of Belgaum district and part of Kolhapur district, from two adjoining states.

OBJECTIVES AND FUNCTIONS:-

The principle object of the karkhana will be to promote the interests of all its members to attain their social and economic betterment through self help and mutual aid in accordance with the co-operative principles.

To prepare and implement the programme for harvesting and transportation of sugarcane on behalf of the members from their field to factory in supply of sugarcane to factory for crushing and to avoid probable losses of sugar in cane.

To manufacture sugar, Jaggery and its allied by products from the sugarcane supplied by the members and other and to sale these products at good price.

TO install the factory for manufacture sugar on large scale basis and to take all necessary steps to run it efficiently To install the necessary machinery required for producing of bagasse, molasses, Press-mud etc.

To ruchase the means of transportation and to run, to give and to take on hire basis.

To install research centers and to assist the existing research institutions and to undertake research work helpful to sugarcane, sugar and allied industry. r6

NATURE OF THE BUSSINESS CARRIED

NATURE OF THE BUSINESS CARRIED:-

S.H.S.S.K.LTD. is co-operative sector firm. It is a manufacturing company. It produces sugar, molasses And supplies sugar tp Nipani, Chikodi Taluka, Raibag Taluka, saudatti, and Hukkeri Taluka. It operates within Karnataka as well as outside Karnataka. Nature of business carried Shri Halasidhanath sahakari Sakhar Karakhana Ltd is involved in the activity of manufacturing white crystal sugar products which is the main product. The process of production involves conversion of. 1) Raw sugar cane to sugar, 2) Raw sugar to refined sugar, Molasses, Bagasses are its by products. MOLASSES:Molasses is mainly used for the manufacture of ethyl alcohol(ethanol) yeast and cattle feed. BAGASSES:Bagasses is usually as a combustible in the furnaces to produce steam, which in turned is used to generate the power, it is also used as raw materials for the production of paper and as feedstock for the cattle.

VISION, MISSION & QULITY POLICY

 VISION:The companys vision is to become the most efficient producers of sugar and the largest marketer of sugar and ethanol in the country.

AIMS: To expand its installed capacity, achieve end-to-end integration for all its plants to

improve margins and reduce business cycle. Achieve greater raw material security. Increases its focus of cooperate and high volume consumers. To become the most efficient and market driven integrated processor of sugarcane

in India. Delivering consistently on returns to all its shareholders. Briging overall productivity and efficiency throughout the organization, especially by value

addition of its by products in sugar effluent waste etc. Producing the best quality sugar to satisfy the domestic and internal nor

MISSION: Provide employment & contributed to the welfare to society. Provide market for sugarcane growers & ensure suitable price for their crop. To take care of environment, avoid pollution & protect other species. To avoid wastage of resources & to make optimum utilization of resources.

QUALITY POLICY: To provide quality at lowest possible costs. To avoid usage of such products which are harmful for the persons health & life.

PRODUCT PORFILE

PRODUCT PROFILE:Shri Halasidhanath Sahakar Sakhari Karakhana Ltd established for the purpose of sugar while producing the sugar some raw juice and raw bagasses become molasses and some other by-product. The Shri Halasidhanath Sahakar Sakhari Karakhana Ltd is producing following product 1) Sugar A) Medium-30 B) Small-30 C) Levy 2) Molasses 3) Compost 4) Bagasses

AREA OF OPERATION

AREA OF OPREATION:The Shri Halasidhanath Sahakar Sakhari Karakhana Ltd has wide range of area of operation for continuous and regular flow of sugar cane from different authorized area within the 80 kms. Around the spot of plant includes some region of two states from Maharashtra and Karanataka under.

SR.NO 1 2 3 4 5 6 7

NAME OF TALUKA Chikodi Hukkeri Raibag Belgaum Jamkhandi Athani Kagal

DISTRICT Belgaum Belgaum Belgaum Belgaum Baglkot Belgaum Kholapur TOTAL

NUMBER 43 05 04 01 01 05 09 68

OWNERSHIP PATTERN

Shri Halasidhanath Sahakar Sakhari Karakhana Ltd established in the year 1981 at Hala sugar gram of chikodi Taluka. It was resolved to collect the share of established this sugar factory in co-operative basis. Let the late Baburao B patil Budhialkar and other social workers and leader working in co-operative sector also come forward to assist team in the starting this factory. It is joint venture with share capital of Rs. 104940000 contributed by 18990 share holders. The company was established in the year April 1981 & started the crushing in January 1983. The company is registered under the provision of companies Act-1956.

THERE IS TOTALLY 15 BODS.

Grower member will elect 12 BODS 1 Director will be elected by the co-operative. 1 Director nominated by the principal of financial agency. Apart from this 14 director, managing director will be deputed by the government

PRESENT BOARD OF DIRECTORS ELECTED DIRECTOR

Shri. D.A.Chougale Shri. Babasaheb .S. Saasne Shri .Ramagounda .R. Patil Shri .Ganesh .P. Hukkeri Shri .Appasaheb .S. Jolle Shri. Annasaheb .A. Patil Shri. Vishawanath .S. Kamate Shri. Malagounda .P. Patil Shri. Anand .D. Ginde Shri. Chandrakant .S. Kotiwale Shri. Ramagounda .B. Patil Shri. Ramagounda .Y. Patil Shri. Kanthinath .G. Chougale

Managing Director Chairman Vice- Chairman Director Director Director Director Director Director Director Director Director Director

MEMBERSHIP OF SHARE CAPITAL:The membership of Shri Halsidhanath Sahakari Karakana Ltd has been accepted by different individuals and firms categorized into three classes as under A Class involves the grower (farmers of agricukturist) B Class involves the institute and non-grower These are:1. Co-operative Societies 2. The belgaum District Central Co-operative Bank Ltd. 3. Karnataka State Agro Industrias Co-operation, Bangalor. C Class involves the state government of karnakata. The above said members born their share as share capital as

Sr No 1

Member class A Grower B co-operative society

No of Shares 15,924

Share capital 613.52

2 3

Non-Grower C Government of Karanataka Total

3065 1 18990

60.06 375.82 1049.40

COMPETITORS INFORMATION
The main competitors are as follows

Doodh Ganga Shakari Sakhare Karkhane, Ltd

Crashing capacity-5500 TCD Recovery -11.5% Sugar production -10000 Qtls (per day).

Venkateshwer Sugar Ltd

Cashing capacity -2500 TCD Recovery -10.5% Sugar production -3000 qtls (par day).

Renuka Sugar Ltd

Crashing capacity -10000 TCD Recovery -11.2% Sugar production -14000 Qtls (par day).

INFRASTRUCTURAL FACILITY.

CATEEN
The management provides multi-purpose cooking range, utensils, working capital, and installation of gas equipment free building expenditure towards purchase of furniture. Actual expenditure towards consumption of water, electricity and gas, annual subsidy. the rates of foodstuffs in the canteen are fixed on no no profit basis. The workers who are working in the production department are entitled for Tea free at cost while they are on duty.

TRNSPORTATION
Up to 40 km. three transportation facilities is provided to farmers rate structure of vehicles as per kilometres

Sr. No 1 2 3 4 5 6 7

KM 5 10 15 20 25 30 35

Rate per 45.56 57.76 73.12 86.34 98.16 106.30 117.45

km

Sr No 11 12 13 14 15 16 17

KM 55 60 65 70 75 80 85

Rate per km 156.77 166.83 174.02 183.80 192.75 199.12 209.24

WATER
It is established the river Vedganga. there is sufficient supply of water required for production process.

POWER
There is provision electricity from KPTCL. & company generates its own power through boilers during crushing of sugarcane.

ACHIEVEMENTS
In 1996-97 from South Indian Sugar Technologists Association (SISTA) for best achievement award in cane development.

FATURE GROWTH AND PROSPECTUS To undertake such activities as are identical and conductive to the development
the socity.

To inn coverage for other crops where sugarcane not grown. To expand crushing capacity.

WORKFLOW MOODEL

WORKFLOW MODEL

CANE Milling

Primary Juice

Last Mill Juice

Bagasse

Boiler Mixed Juice Clear Juice Syrup Heating 65 C->Lime +SO2 application Elec Generation

Heating 100 C Mud Settled (cake)

A M/C

B M/C

C M/C

Sugar 100/50 kg

A.H Molasses

A.L Molasses

B Seed

B heavy Molasses

Gradation Weighment Godowns C seed C.L Molasses F.M Class

APPLICATION OF 7S MODEL OF MC, KENSEYS

Structure

Strategy

System

Shared Values Skill Style

Staff

Introduction
Strategic planning refer to the management processes in organization which helps in management to determine the future impact of change and take the current decisions to reach designed future. The management literature is replace which instance of organization which have fade stress in strategic planning but not have been phenomenally successfully.

Consultants at the Mc.Kensys company very well known management consultancy firm the created states develop the 7 s frame work towards the end of 7 s diagnose the causes of organizational problems and to formulate problems for important. The following is the 7s frame related to the Mc. Kennys 7s frame work

According to waterman organizational change is not simply matter of structure although structure is a significant variable in the management of change. Again it is not a simple relationship between strategy and structure although strategy is also critical as put. In their view effective organizational change may be understood to be a complex relationship between strategy, structure, system and style, skill, staff, and super ordinate goals. The framework suggests that there is a multiplicity of factors that influence an organization and ability to change and its proper mode of change.

STRUCTURE OF ORGNIGIATION SHARE HOLDER

BOARD OF DIRECTOR

CHAIRMAN

MANAGING DIRECTOR

Share Section

Time and labour

Purchase Section

Store Section

Sales Section

Security Section

Cane Development Sections

Engineering Section

Production Section

SHARE SECTION:Head:- M.T. PATIL

According to by-law, the factories authorized share capital is Rs 20 crores. At present the number of shareholders is 18990 and capital collected from all the shareholders. i.e. Rs 10,49,40,000/The membership of Shri Halsidhanath Sahakari Karakana Ltd has been accepted by different individuals and firms categorized into three classes as under A Class involves the grower (farmers of agricukturist) B Class involves the institute and non-grower These are:4. Co-operative Societies 5. The belgaum District Central Co-operative Bank Ltd. 6. Karnataka State Agro Industrias Co-operation, Bangalor. C Class involves the state government of karnakata. The above said members born their share as share capital as

Sr No 1

Member class A Grower B co-operative society

No of Shares 15,924

Share capital 613.52

2 3

Non-Grower C Government of Karanataka Total

3065 1 18990

60.06 375.82 1049.40

TIME OFFICE LABOUR WELFARE DEPARTMENT:HEAD: - S.G. MORE.

Time office is one of the main part of the factory because in time office all records regarding many types of departments and about the details of their employees are recorded so it must require in each and every organization. NAME OF THE DEPT Time Office Security Store Civil Environment PERMANE NT 6 13 6 4 3 4 5 3 3 2 4 62 70 99 252 1 1 SEATIONAL GOVT CONSTRU CTUAL 6 1 1 5 1 1 5 3 23 DAILY WAGES 2 3 2 7 CONTRA CT 3 3 9 9 6 3 6 39 41 38 157 13 22 21 4 16 30 13 16 11 2 136 207 147 638 TOTAL

Administrative 15 General A/C Cane A/C Vehicle Medical Agriculture Engineer Manufacturer TOTAL 10 7 7 1 28 90 8 198

There is no special department like HRD or Personal management in the factory time and labour welfare office is there, in this office there is labour welfare officer & head time keeper, shift time keeper and wage clerk is there.

WEL-FARE FACILITY:To take care of all the workers, the organization will provide the some following facility those are:A. Bonus is 08.33%based on the worker salary. B. Quarter, hospital etc. facility and allowances C. Canteen facility D. Promotion facility E. Permanent employees get one increment every year. F. School facility to the worker children. G. And medical facility are available if any accident occurs.

PURCHASE SECTION:Purchasing plays an important and significant role in processing industry. Purchasing is tough task, which is to be performed very carefully. It functions on the principal of Money saved in purchased is money gained in sales. Profit can also be earned in purchasing process by the purchase manager by his knowledge about the entire market.

STORE DEPARMENT
The working flow chart shown below

Store-Department

Assistant Store-Keeper

Clerks

Peon

In this factory the store department in charge will be Shri Kadam sir under their the information will be here.

Main Points:1. The store keeper will check the supplier quantity and afterwards send to the respective section wise. For ex.:- Cement, Belt etc.

After this the material verification will be taken by under chief engineer. 2. The store keeper will entry the purchased material in a book in systematic manner.

3. The daily transactions will be held in the books of power house main panel board. 4. Store department is just like a godown because in department all materials which are needed to the factory are stored. 5. The store house which contains the 21 heads. They are follows:-

Heads :1. Oil and lubricants

Ex :- Bearing oil, Greece, etc being purpose machinery.

2. Manufacturing goods
Ex:- Chemical, sulphur etc uses of sugar processing.

3. Hardware
Ex:- Nutbolt, chain, MS bar etc uses of machinery maintenance.

4. Welding materials
Ex:- Welding rod, screen, black glass uses of welding purpose.

5. Drawing materials
Ex:- Amonia paper, Dressing paper, etc machinery maintenance of engineering department.

6. Electrical goods
Ex:- Pressure gauge, vacuum gauge, temperature gauge etc for machinery maintenance.

7. Tools and tackles

Ex:- Spaner, screw driver etc.

8. Transmission of goods
Ex:- Bearing oil, oil seal, bearing glue etc.

9. Iron and steel

These are used for machinery maintenance of engineering department.

10.Building materials
Ex:- Cement, steel, stone crystal, sand etc uses of concrete foundation for machinery.

11.Machinery and machine spare

Ex:- Bearing, coupling, nutbolt etc.

12.Pipe and pipe fitting

Ex:- pipe, bend, flang etc

13.Furniture and fixtures

Ex:- Chairs, tables etc

14. Stationary
Ex:- Log book , indent book, bucket etc.

15.Rubber goods
Ex:- Bush, rubber belt, wheel, ordinary material.

16.Library
Ex:- Books.

17.Vehcle spare

18.Medical
Ex:- Druds, tablets, syringe, salines etc.

19. Printing
Ex:- Log, book, store recipt book etc..

20. SDF material

Ex:- Pump, pipe, sugar discretion funnel.

21. Computer spare

Ex:- Ribbon, cartridge, pen drive etc.

SALES SECTION:The main product of H.S.S.K.Ltd is sugar and by-Bagasses, Molasses, and press mud. These all are sold by calling tenders. Because the factory has no right to sale these products directly in the open market. The Office Superintendent does this work and sales officer with the help of sugar directors Bangalore Central Govt. fixes the selling quantity. There are two types of sales:A. Free sale--------- 90% of the produced sugar. B. Levy sale--------10% of the produced sugar. The factories by-products like, A. Bagasses-------used in paper industry. B. Molasses-------used in distilleries. C. Press-Mud-----used in fertilizer.

SECURITY SECTION:There are 22 security guards and their function are, 1) Checking in-out persons and vehicles. 2) Protecting and securing proper and best use of assets of the factory. 3) Maintaining the below mentioned registers, A. Attendance registers. B. Visitors register. C. Vehicle register. D. Workers get pass E. Bagasse, Molasses, Press-Mud get pass.

2. SKILL
Skill is the distinctive capabilities or competence of the organization as a whole. Skills developed are, Product quality awareness. Time management. Result orientation. Dedication.

This type of training also known as job instruction training is the most commonly used method. Under this method, the individual is placed on a regular job though the skill necessary to perform that job. The trainee learns under the supervision of a qualified worker of instructor. On-the-job training has the advantage of giving firsthand knowledge and experience under the actual working condition. While the trainee learns how to perform job, he is also a regular worker rendering the services for which he paid. The problem of transfer of trainee is also minimized as the person learns on-the job training methods includes job rotations, coaching job instruction or training through step-by-step and committee assignment.

3. STYLE
Style includes two things, one management style and organizational culture. Management style the way in which the managerial personnel behave and collectively spend their time to achieve organizational goals, it consists the way of lending. motivating and the style of leadership in the management. Here they usually use authoritative style means top to down decision making parameter pertaining to day-to-day operation but they allow subordinates to participate in the decisions affecting their interest and ask their suggestions for their decisions. This makes organization more effective.

4. SRTATEGY
Strategy means the actions which a company plans in to or anticipates of changes in its external environment. In other words it is the determination of basis long term objectives or courses of action and allocation of resources to achieve the organizational gaols. They are as follows, Waste Elimination S.H.S.S.K. Ltd. Produces molasses and sell it to liquor

industries. And it uses biogases boilers in order to generate energy for factory during crushing process.

Cost Reduction: They are reducing the intake of employees and reducing the

number of employees in order to reduce cost. They are not depending on K.P.T.C.L. for power while crushing process is carrying on. They produce energy by boilers.

5. SYSTEM
A system includes formal and informal procedures that support the strategy and structure. In other words, it is the processes and flows that shown how an company gets its day-to-day things done. This includes the procedures and the routines that will characterized how important work to be done. i.e. financial system, hiring, promotion and performance appraisal system and information system etc.

PRODUCTION PROCESS:*Pressing of sugarcane to extract the juice.

*Boiling the juice until it begins to thicken and sugar begins to crystallizes. *Spinning the crystals in a centrifuge to remove the syrup, producing raw sugar. *Shipping the raw sugar to a refinery where it is washed and filtered to remove remaining non-sugar ingredients and colour crystallizing, and drying packing the refined sugar.

INVENTORY CONTROL SYSTEM:Here in stored department the inventory control used FIFO. Here the method FIFO is appropriate because the sugarcane is not a durable commodity it is better to crush the sugarcane freshly. It is not stored for a long time because it turned in too dry sooner.

6. STAFF
Staffs refer to the people in the enterprise and their socialization into the socialiseational culture. Productive high performing employees are the companies most valuable assets. The company follows a progressive policy taking keen interest in its personnel and well beings and progress, which builds a strong sense of belongingness.

Technical Department:A. Machine shop and maintenance quality assurance. B. Laboratory C. Tool room D. Manufacturing engineering departments E. Production planning and control F. Research and development

Non-Technical Department:A. Administration B. Clerical

DUTIES AND RESPONSIBILITIES: Technical Staff:A. Operators/Technicians:1. Carry out the work as per the instruction and job allocation. 2. In process inspection wherever applicable. B. Maintenance in charge:1. Planning of preventing maintenance. 2. Attending breaks down maintenance. 3. Taking corrective action for reduce break down. 4. Planning spares and raising purchase intend. 5. Maintaining the quality record.

SHARED VALUE:There are values shares by the members of the organization. It is the super ordinate goal that is centrally responsible for providing a core mission to the organization, Used as an umbrella, which embraces all the other managerial activities. In short it says what does the organization stands for and what is believes in. A devoted and sincere contribution to the mankind through the various business activities of the company and compromise to the quality. 1. Continues growth is the main force behind the achievement of S.H.S.S.K ltd. 2. Customer satisfaction through quality services.

3. Quick decision and execution with speed.

SWOT ANNALYSIS OF THE COMPANY:STRENGHTS: Produces good quality of sugar. Its near the river of the Vedganga so there is availability of
the sufficient water

RESEARCH ON FINANCIAL ANALYSIS

TITLE OF THE PROJECT

TITLE OF THE PROJECT

Industrial growth expansion, modernization, computerization, application of upgraded technology, prompt redemption of payment concerned with short and long organizational economic strength even utilization of the appropriate opportunity arisen from market condition.

In order to achieve the primary objective of business enterprise. The firm should co-ordinate its monetary resources in association with the short and long term obligation the healthy and strong financial position can lead to many fruitful benefits to organization. But on the contrary weaker and unhealthy financial position can result into threats, consequently the problem of survival rises.

Therefore, in order to forecast the future events and take remedial action the financial statement and ratio analyses should emphasize. Because, It analyses the strength and weakness, thereby opportunity (SWOT) can be analyzed.

STATEMENT OF THE PROBLEM

The study is related to the financial analysis of The Halsidhanath Sahakari Shakar Karkhana Ltd. Nipani. It deals with the a study of financial performance based on Ratio Analysis at the sugar factory in recent years.

OBJECTIVES
1. To study the profitability of Halsidhanath Sahakari Sakhar Karkhana Ltd. Nipani. 2. To study the liquidity position. 3. To study inventory turnover. 4. To study operating efficiency of Halsidhanath Sahakari Sakhar Karkhana Ltd Nipani. 5. To find activity turnover. 6. To gives the proper suggestions.

DATA COLLECTION METHOD

The following TWO methods have been used:1. Primary Data 2. Secondary Data 1) Primary Data:The primary data includes the information which collected through the interview, observation and discussion with the financial managers and accountants.

2) Secondary Data:The secondary data includes the following material which is published by the Halsisdhanath Sahakari Sakhar Karkhana Ltd Nipani A. Annual reports of the year 2006-07, 2007-08, 2008-09. B. Different manual of the organization. C. Financial statements of the organization. D. And remaining which is necessary, got from the actual books which are maintained by the organization.

THEORETICAL FRAME WORK

INTRODCTION:Finance is life blood of the business. The financial management is the study about the process of procuring and judicious use of financial resources is a view to maximize the value of the firm. There by the value of the owners i.e. the example of equity share holders in a company is maximized. The traditional view of financial management looks into the following function that a finance manager of a business firm will perform. 1. Arrangement of short-term and long-term funds from the financial institutions. 2. Mobilization of funds through financial instruments like equity shares, bond Preference shares, debentures etc. 3. Orientation of finance with the accounting function and compliance of legal provisions relating to funds procurement, use and distribution. With increase in complexity of modern business situation, the role of the financial manager is not just confirmed to procurement of funds, but his area of functioning is

extended to judicious and efficient use of funds available to the firm, Keeping

in view the objectives of the firm and expectations of providers of funds.

DIFINATION:Financial Management has been defined differently by different scholars. 1) Howard and Upton:-

Financial Management is the application of the planning and control function

to the finance functions 2) Bringham:-

Financial Management is an area of financial decision making harmonizing,

individual motives and enterprise goals

MEANING OF RATIOS
Financial Statement contains a wealth of information which, if properly analyzed and interpreted, can provide valuable insights into a firms performance and position. Analysis Soft financial statements is of interest to (short terms well as long term) investors, security analysts, managers, and others financial statement analysis may be done for a variety of purpose, which may range from a simple analysis of the short -term liquidity position of the firm to a comprehensive assessment of the strengths and weaknesses of the firm in various areas.

The principal tool of financial statement analysis is financial ratio analysis . An absolute figure does not convey much meaning. Ti, there for, become necessary to

study a certain figure in relation to some other relevant figure to arrive at certain conclusion e.g. If we give the figure of only gross profit earned by certain firm, we can not say whether the gross profit is heavy, reasonable or sufficient for this purpose we must take into consideration the figure of sales. Thus, the gross profit to is required to be studied in relation to the sales to decide the percentage of gross profit to sale on the basis of percentage we can conclude whether the gross profit earned is reasonable or otherwise. Thus the relationship between the two figures expressed mathematically is called a ratio.

DEFINITIONS
1. Robert Anthony One number expressed in terms of another 2. The relationship between the two figures expressed mathematically is called a ratio

OBJECTIVES OF RATIO ANALYSIS: The study of financial statement of any corporate will help in knowing its
present and future earning capacity.

The study of financial resources can help in knowing whether a company

can pay its long-term or short-term liabilities. Its very use full to know how much working capital is employed in business and same effectively used. Its use full to measure earning capacity and its comparison to other competitive units.

Help full to known marginal efficiency. Use full to future planning.

INTERPRETATION OF RATIOS
The benefit of the ratio analysis depends to great extent upon their correct interpretation. Interpretation requires considerable ability on the part of the analyst. He has to decide whether the relationship disclosed by the ratio is satisfactory or not. He has to base his decision on experience, or on comparison may be interpreted in any one of the following ways.

1) BASED ON SINGLE RATIO AND GROUP RATIOS:The interpretation may be based on individual ratio e.g. If current ratio persistently falls and goes below one, it can be interpreted as an indication of short-term insolvency. However, one cannot get the position corrected by studying individual ratio in isolation. It is therefore a common practice to study and interpret a set of several related ratios e.g. for short-term solvency both the ratios, whose significance is not fully understood , are made more meaningful by the computing and study of additional relevant ratios.

2) COMPARISON OVERTIME:Ratio analysis is primarily useful for studying trends, indicating rise, decline or stability over a period of time. For this purpose, ratios by themselves are of no particular significance. For reveling such trends, the same ratio or a group of ratios is studied over period of years. Thus the movements in the ratios, rather than the ratios themselves, are important.

3) INTER-FIRM COMPARISON:Ratios of undertakings are compared with the respective ratios of other firm in the same industry and with the industry on average An immense benefit is likely to from such comparison as the concerns similarly situated are as a matter of fact , to sail in the same boat.

PROCEDURE OF ANALYSIS:First or all the depth, object and extent of analysis must be determined, so that necessary information can collected. The analysis is required to go through various financial statements of the business and collect other required information from the management. The analysis is required to rearrange the data given in the financial statements in a manner, which will help the to analysis the statements easily and conveniently. After analyzing the statement the interpretation is made and the conclusions are drawn.

TYPES OF RATIOS:Classification of ratios is done in two ways. A. According to nature of items. B. According to purpose of the function.

A) According to nature of items:-

1) Balance Sheet Ratios:The ratios exhibiting the relationship between two item or group of items in the balance sheet e.r. Relation between current Assets and Current Liabilities.

2) Revenue Statement or Profit and loss account ratios:The ratios disclosing the relationship between two items or group of items in the profit and loss account it. Relationship between Sales and Gross profit.

3) Inter Statement or Composite Ratio:The ratios indicating the relationship of certain items in the balance sheet with some figures in the revenue statements i.e. Net Profit and Capital or Sales and Fixed Assets.

B) Functional Classification:-

Liquidity Ratios;-

These ratios measure the liquid position of the enterprise i.e. whether the current assets to pay current liabilities as and when they mature. Thus, these ratios indicates short-term solvency of the business

Leverage Ratios ;They indicate the relative use of debt and equity in financing assets of the firm. The extent, to which the practice of trading on equity can be carried on safety, can be known through these ratios.

Activity Ratios:These ratios measure the efficiency in the employment of funds in the business operations. They respect the companys level of activities in relation to its turnover. Profitability Ratios:There ratios measure overall performance. And profits earning Capacity of the business. They reveal the effect of the business transaction on the profit position of the enterprise.

PROFITABILITY RATIO:1) Gross Profit Ratio:This ratio reflects the efficiency with which the management produces each unit product. The ratio is calculated as under:

Gross Profit Ratio=

Profit Sales

It is the ratio which is most commonly employed by accountants for comparing the earnings of business for one period with those of other or earnings of one concern with of another in the same industry.

It indicates the degree to which selling prices goods per unit may decline without in losses on operations for the firm.

Net Profit Ratio:-

Net Profit is that proportion of net sales which remains to the owners or the shareholders after all costs. Charges and expenses including income-tax have been deducted. It is calculated as under.

Net profit (after tax) Sales

It differs from the ratio of operating profit is to net sales in as much as it is calculated after adding non-operating incomes, like interest, dividends on investment etc. To operating profit and deducting non-operating expenses such as loss on sale of old assets, provisions for legal damages etc. from such profits.

LIQUIDITY/SOLVENCY RATIO:1) Current Ratio or working capital Ratio or 2:1 Ratio

It is a ratio of current assets to current liabilities. The ratio is calculated by dividing the current assets by the current liabilities.

Current Assets Current liabilities Certain authorities have suggested that in order to ensure solvency of a concern. Current assets should be at least twice the liabilities and therefore. his ration is known as 2:1 ratio.

2) Liquid Ratio or Acid Test Ratio or Quick Ratio:The current Ratio fails to serve as a realistic guide to the solvency of the concern, as the major portion on the current assets may comprise of such assets which cannot be converted immediately cash (e.g. stock) to meet the immediate liabilities. It this ratio is 1:1, it is considered that all claims will be met when they arise. Quick / Liquid Assets Current liabilities

ACTIVITY RATIO

1) Inventory Turnover Ratio:The term Inventory Turnover refers to the number of times in a year inventories are sold and replaced. Cost of Goods Sold or sales Average Inventory at cost

It is Indication of the velocity with which merchandize moves through the business . This is a test of inventory to discover possible trouble in the form of over stocking or over valuation. It assists the financial manager in evaluating inventory policy. 2) Operating Ratio:The ratio shows the percentage of net sales i.e. observed by the cost of goods sold operating. Naturally higher the ratio, the less favorable it is. Because it would leave a small margin to meet interest, dividends and other corporate needs.

Cost Goods Sold + Operating Expenses Net Sales

3) Fixed Assets Turnover Ratio:The ratio is arrived as under: Sales Net Fixed Assets

The ratio measures the efficiency in the utilization of fixed assets. This ratio indicates whether the fixed assets are being fully unitized A high ratio is an index of the vestment in fixed asset. Normally standard ratio taken as five times. 4) Total Assets Turnover Ratio:-

The ratio is arrived at by dividing sales by the total assets i.e.

Sales Total Assets

The ratio indicates the sales generated per rupee of investment in total assets. Thus, it aims to point out the efficiency or inefficiency in the used of total assets or capital employed. In crease in ratio indicates that more revenue is generated per rupee of total investment in assets.

LEAVERGE RATIO

1) Debt Equity Ratio:It measure of the relative claims of creditors and owners against the assets of the firm.

Total Debts Net worth owners Equity

The term total debt includes all debts i. e. long term, short term mortgages. Bills, debentures etc. whereas the term net worth means equity share capital, reserves and surplus i.e. proprietors. Funds or equity 1:1 ratio is acceptable.

2) Fixed Assets to worth Ratio:-

Fixed assets Net worth

It indicates that the company has used short term funds for acquiring fixed assets, which policy is not desirable. To the extent fixed assets exceed the amount of capital and reserves, the working capital are depleted . When the amount of proprietors fund exceeds the value of fixed Assets i.e. when the percentage is less than 100, a part of the working capital is supplies by the shareholders. Provided that there are no other non-current assets.

DATA ANALIYSIS AND INTERPRETATION

1) PROFITABILITY RATIO:Gross Profit Gross Profit Ratio = Sales X 100

Gross Profit:Year 2006-07 2007-08 2008-09 Sales:Year 2006-07 2007-08 2008-09 Sales 337985566.07 349546301.04 430543494.12 Gross Profit 3,79,03,469.81 6,09,91,621.57 5,44,14,256.14

2006-07
3,79,03,469.81

Gross profit ratio

= 337985566.07 2007-08 6,09,91,621.57 = 349546301.04

*100

=11.2%

Gross profit ratio

*100

=17.44%

2008-09 5,44,14,256.14 = 430543494.12 *100

Gross profit ratio

=12.63%

20.00% 18.00% 16.00% 14.00% 12.00% Gross-Profit 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% 2006-07 2007-08 2008-09 Gross-Profit2 Gross-Profit3

INTERPRETATION:The Gross-Profit Margin ratio of SHSSKL has ups and down in these three years year period. The high Gross-Profit Margin ratio implies that the cost of production. Of the firm is relatively low and low gross profit margin ratio implies that the cost of production Of the firm is relatively high. The Gross-Profit ratio of SHSSKL is 11.2%, 17.44% and 12.63% for the year 2006-07, 2007-08, and 2008-09 respectively.

INFERENCE:From the above calculation and bar diagram I conclude that the SHSSKL has the mixed trend in the gross profit ratio. In the year 2006-07 the firms ratio is decreased to 11.12% it is because of the increase in raw material cost i.e. sugarcane.

B) Net Profit Margin Ratio:-

Net Profit Net Profit Ratio = Sales Net-Profit:Year 2006-07 2007-08 2008-09 Net-Profit 11,79,916.79 21,78,816.10 16,53,143.88 X 100

Net-Sales:-

Year 2006-07 2007-08 2008-09

Sales 337985566.07 349546301.04 430543494.12

2006-2007

Net Profit Ratio

11, 79, 916. 79 = 337985566.07 2007-2008 Net Profit Ratio X 100 = 0.35%

21,87,816.10 = 349546301.04 X 100 = 0.62%

2008-2009

Net Profit Ratio

16,53,143.88 = 430543494.12 X 100 = 0. 38%

0.70% 0.60% 0.50% 0.40% 0.30% 0.20% 0.10% 0.00% 2006-07 2007-08 2008-09 Net-profit ratio Net-profit ratio2 Net-profit ratio3

INTERPRETATION
The high net profit margin ratio ensures adequate return to the owners The SHSSKL has the net profit ratio s are 0.32, 0.65 and 0.38 for year 2006-07, 2007-08 and 2008-09 respectively.

INFERENCE
From the calculation we may conclude that the SHSSKL has the very low net profit margin ratio in the year 2006-07.

LIQUIDITY RATIO:-

CURRENT RATIO:-

Current Ratio =

Current Assets Current Liabilities

CURRENT ASSETS:Year 2006-07 2007-08 2008-09 Current Assets 837912823.46 818669121.09 1119942805.61

CURRENT LIABILITIES:Year 2006-07 2007-08 2008-09 Current Liabilities 623087336.03 592357975.83 1165767257.07

2006-07

837912823.46 Current Ratio = 623087336.03 = 1.34

2007-08

1119942805.61 Current Ratio = = 1.38

2008-09

16, 37, 16,627.50 Current Ratio = 1165767257.07 = 0.96

1.6 1.4 1.2 1 Current-Ratio 0.8 0.6 0.4 0.2 0 2006-07 2007-08 2008-09 Current-Ratio2 Current-Ratio3

INTERPRETATION:The current ratios are ups and down over the three year financial year. These ratios and are relatively lesser than the banker rule of thumb or arbitrary standard of the liquidity of the firm i. e.,2:1 The calculated ratios indicate the SHSSKL is not liquid and not has the ability to meet its current obligations in time. The ratio are 1.34,1.38 , and 0.96 for the years of 2006-07, 2007-08, 2008-09.

INFERENCE:From the above calculation I conclude that the SHSSKL has low current ratios, which indicates lower liquidity position. Because of heavy day to day expenses for this, it should try to maximize the ratios, which will not affect to the organization.

LIQUID RATIO:LIQUID ASSETS:Liquid Assets= Current Assets-Stock + Other Assets Year 2006-07 2007-08 2008-09 Current Assets 837912823.46 818669121.09 1119942805.61 _ Stock+ Other Assets 378981986.28 349800446.19 360415306.81 = Liquid Assets 458930837.18 468868980.09 759527498.08

LIQUID LIABILITIES:Year 2006-07 2007-08 2008-09 Current Liabilities 623087336.03 592357975.83 1165767257.07 _ Bank-overdraft 178640.62 460044.62 101332.62 = Liquid-Liabilities 622908695.41 591897931.21 1165665924.45

LIQUID RATIO:Liquid Assets

=
Liquid-Liabilities

2006-2007

Liquid -Ratio

458930837.18 = 622908695.41 2007-2008 Liquid -Ratio = 0.74:1

468868980.09 = 591897931.21 = 0.08:1

2008-2009

Liquid -Ratio

759527498.08 = 1165665924.45 = 0. 65:1

0.8 0.7 0.6 0.5 Liquid_Ratio 0.4 0.3 0.2 0.1 0 2006-07 2007-08 2008-09 Liquid_Ratio2 Liquid_Ratio3

INTERPRETATION:Usually, a high acid test ratio is an indication of that firms better liquidity position. The SHSSKL acid test ratios are lower than normal standard (1:1) .These liquid assets are not sufficient to provide a cover to the current liabilities. The liquid ratio of the firm are 0.74, 0.08 and 0.65. for the years of 2006-07, 2007-08 and 2008-09. respectively.

INFERENCE:From the above calculation, the conclusion is that the SHSSKL not has sufficient funds to meet its current obligation at all times.

NET-WORKING CAPTIAL RATIO:Net-Working capital = Net-Assets Net-Working capital:Year 2006-07 2007-08 2008-09 Net-Working capital 276971487.58 249718453.58 290597788.59

Net-Assets:Year 2006-07 2007-08 2008-09 Net-Assets 84613436.87 113224518.4 126763169.4

2006-2007 Net-Working capital Ratio

276971487.58 = 84613436.87 2007-2008 Net-Working capital Ratio =3.27

249718453.58 = 113224518.4 = 2.20

2008-2009 290597788.59 =

Net-Working capital Ratio

= 2.29 126763169.4

3.5 3 2.5 2 1.5 1 0.5 0 2006-07 2007-08 2008-09

Net-Working capital Ratio Net-Working capital Ratio2 Net-Working capital Ratio3

CASH RATIO:Cash = Current-Liabilities

CURRENT LIABILITIES:Year 2006-07 2007-08 2008-09 Current Liabilities 623087336.03 592357975.83 1165767257.07

Cash:Year 2006-07 2007-08 2008-09 Cash 3565710.26 6735571.44 61719589.85

2006-2007 Cash-Ratio 3565710.26 = 623087336.03 2007-2008 Cash-Ratio =0.0057

6735571.44 = 592357975.83 = 0.0113

2008-2009 61719589.85 =

Cash-Ratio

= 0.0529 1165767257.07

0.06

0.05

0.04 Cash-Ratio 0.03 Cash-Ratio2 Cash-Ratio3 0.02

0.01

0 2006-07 2007-08 2008-09

ACTIVITY RATIO:Sales
Inventory Turn-Over ratio= Average Inventory

Opening-Stock + Closing-Stock Average Inventory = 2

Average Inventory:Year 2006-07 2007-08 2008-09 Average Inventory 324789674.5 342085995.0 305513910.0

Sales:Year 2006-07 2007-08 2008-09 Sales 337985566.07 349546301.04 430543494.12

2006-2007

Inventory Turn-Over ratio

337985566.07 =1.04 = 324789674.5 2007-2008 Inventory Turn-Over ratio

349546301.04 = 1.02 = 342085995.0 2008-2009 430543494.12 = 305513910.0 = 1.40 Inventory Turn-Over ratio

1.6 1.4 1.2 1 Inventory Turn-Over ratio 0.8 0.6 0.4 0.2 0 2006-07 2007-08 2008-09 Inventory Turn-Over ratio2 Inventory Turn-Over ratio3

NET ASSETS TURN-OVER RATIO:Sales = Net-Assets

Sales:Year 2006-07 2007-08 2008-09 Sales 337985566.07 349546301.04 430543494.12

Net-Assets:Year 2006-07 2007-08 2008-09 Net-Assets 84613436.87 113224518.4 126763169.4

2006-2007

NET ASSETS TURN-OVER RATIO

337985566.07 =3.99 = 84613436.87 2007-2008 NET ASSETS TURN-OVER RATIO

349546301.04 = 3.08 = 113224518.4 2008-2009 430543494.12 = 126763169.4 = 3.39 NET ASSETS TURN-OVER RATIO

4.5 4 3.5 3 2.5 2 1.5 1 0.5 0 2006-07 2007-08 2008-09 NET ASSETS TURN-OVER RATIO NET ASSETS TURN-OVER RATIO2 NET ASSETS TURN-OVER RATIO3

FIXED ASSETS TURN-OVER RATIO:Sales = Fixed-Assets Sales:Year 2006-07 2007-08 2008-09 Sales 337985566.07 349546301.04 430543494.12

Fixed-Assets:Year Fixed-Assets 2006-07 2007-08 2008-09 363487965.66 371470849.66 647506096.70

2006-2007

FIXED ASSETS TURN-OVER RATIO

337985566.07 =0.92 = 363487965.66

2007-2008

FIXED ASSETS TURN-OVER RATIO

349546301.04 =0.94 = 371470849.66

2008-2009 430543494.12

FIXED ASSETS TURN-OVER RATIO =0.66

= 647506096.70

1 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0 2006-07 2007-08 2008-09 FIXED ASSETS TURN-OVER RATIO FIXED ASSETS TURN-OVER RATIO2 FIXED ASSETS TURN-OVER RATIO3

WORKING CAPTIAL TURN-OVER RATIO:Sales = Net Working capital

Sales:Year 2006-07 2007-08 2008-09 Sales 337985566.07 349546301.04 430543494.12

Net-Working capital:Year 2006-07 2007-08 2008-09 Net-Working capital 276971487.58 249718453.58 290597788.59

2006-2007

WORKING CAPTIAL TURNOVER RATIO

337985566.07 = 276971487.58 =1.22

2007-2008

WORKING CAPTIAL TURNOVER RATIO

349546301.04 = 249718453.58 =1.39

2008-2009 430543494.12 = = 290597788.59

WORKING CAPTIAL TURNOVER RATIO

=1.48

1.6 1.4 1.2 1 0.8 0.6 0.4 0.2 0 2006-07 2007-08 2008-09 WORKING CAPTIAL TURN-OVER RATIO WORKING CAPTIAL TURN-OVER RATIO2 WORKING CAPTIAL TURN-OVER RATIO3

CURRENT ASSETS TURN-OVER RATIO:Sales = Current Assets

Sales:Year 2006-07 2007-08 2008-09 Sales 337985566.07 349546301.04 430543494.12

CURRENT ASSETS:Year 2006-07 2007-08 2008-09 Current Assets 837912823.46 818669121.09 1119942805.61

2006-2007

CURRENT ASSETS TURNOVER RATIO

337985566.07 = 837912823.46 =0.40

2007-2008

CURRENT ASSETS TURNOVER RATIO

349546301.04 = 818669121.09 =0.42

2008-2009 430543494.12 = = 1119942805.61

CURRENT ASSETS TURNOVER RATIO

=0.38

0.43 0.42 0.41 0.4 0.39 0.38 0.37 0.36 2006-07 2007-08 2008-09 CURRENT ASSETS TURN-OVER RATIO CURRENT ASSETS TURN-OVER RATIO2 CURRENT ASSETS TURN-OVER RATIO3

LEVERAGE RATIO:Debt-Equity Ratio:Total-Debt = Net-Worth

TOTAL-DEBT:Year 2006-07 2007-08 2008-09 TOTAL-DEBT 85915406.30 26729775.00 6317241.93

NET-WORTH :Year 2006-07 2007-08 2008-09 NET-WORTH 39462065.1 31935186.00 29553078.56

*NET-WORTH = Share Capital + Reserve Fund Accumulated loss.

2006-2007

Debt-Equity Ratio

85915406.30 = 39462065.1 2007-2008 26729775.00 = 31935186.00 2008-2009 6317241.93 = =0.21 29553078.56 =0.83 =2.17

Debt-Equity Ratio

Debt-Equity Ratio

2.5

1.5 Debt-Equity Ratio Debt-Equity Ratio2 1 Debt-Equity Ratio3

0.5

0 2006-07 2007-08 2008-09

CAPTIL EMPOLYEED RATIO:Net-Assets = Net-Worth

Net-Assets:Year 2006-07 2007-08 2008-09 Net-Assets 84613436.87 113224518.4 126763169.4

NET-WORTH :Year 2006-07 2007-08 2008-09 NET-WORTH 39462065.1 31935186.00 29553078.56

2006-2007

CAPTIL EMPOLYEED RATIO

84613436.87 = 39462065.1 2007-2008 =2.14 CAPTIL EMPOLYEED RATIO

113224518.4 = 31935186.00 2008-2009 126763169.4 = =4.28 29553078.56 =3.54 CAPTIL EMPOLYEED RATIO

4.5 4 3.5 3 2.5 2 1.5 1 0.5 0 2006-07 2007-08 2008-09 CAPTIL EMPOLYEED RATIO CAPTIL EMPOLYEED RATIO2 CAPTIL EMPOLYEED RATIO3

INTERPRETATION:The higher ratio indicates the higher performance. Which by means of utilization of resources at optimal level. In the SHSSKL the efficiency capital employed in the firm is move from lower to the upper level from the year 2006-07, 2007-08,2008 -09, with the ratio of 2.14, 3.54, 4.28. Respectively.

INFERENCE:-