Bindya Cargo Proj
Bindya Cargo Proj
Organization study refers to the study of organization as a whole and getting adequate
knowledge with various departments in the organization. An organization is a social arrangement
which control its own performance, and which has a boundary separating it from its
environment. Organization is the association formed by a group of people who see that there are
benefits available from working together to words some common goal.
Organization studies are the study of individual and group dynamics in an organizational setting,
as well as the nature of organizations themselves. Whenever people interact in organizations,
many factors come in to play. Organizational studies attempt to understand and model these
factors. Organizational study is essential to any MBA graduate as it help them to connect theory
with practice.
INDUSTRY PROFILE
BINDYA CARGO Pvt. Ltd. is a Private incorporated on 13th may 2013. It is classified as Non-
Share Capital is Rs. 500,000 and its paid up capital is Rs. 500,000. Transportation plays a very
crucial role in any industry. It has direct bearing on the COST and on the EFFECIENCY of any
industrial operation.
It introduces itself, as a single solution provider fir all the procurement and distribution needs of
the industry. Its moto “WE FIND WAYS” defines our total approach in reach and customer care.
It is totally committed to modern technology and ready to meet the present day challenges of
transport revolution.
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Has been providing good service through Train. It is authorized “A” grade register lease holder
Mr. R. RaviShankar is the founder of the company and the company operations was started in
2005. He is
Presently working as a Managing Director and he is an inspiration for all the employees in the
Organization. He provides a good encouragement to all of the employees working there and
Worked hard for the goodness of the company and takes many steps to satisfy all the customers
The status of company is ACTIVE. Its Registration Number is 69080. The Company Category is
The Class of Company is Private and Age of Company is 7 years. Their activities are
-Supporting and auxiliary transport activities; activities of travel agencies to see other companies
involved in same activity.
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CHAPTER 2
ORGANISATION PROFILE
Bindya Cargo Pvt. Ltd. is a unique national transportation provider offering clients the resources
of a large multi-national group with the personalized service, speed of action, and expertise only
a small independently owned company can provide anywhere in India. Services can be custom
designed at both origin and destination. Our services are designed around our customers’ success
in supply chain management. We are the “eyes and ears” of our customers in the supply chain.
We function as “in-house” transportation specialists.
It promises in providing a good outstanding quality and great innovative solutions is the prime
concern at MAGNUM India. It proactively develops and maintain all the latest industry
standards, due to the ever-changing market and for its trending needs. Along with cost-efficient
solutions, it lay a great deal of good emphasis on the timeliness of all our deliveries and thus
fulfilling the expectations of all our customers. As it is owned and managed by professionals it
has good objectives in company like making the business of the customer more and more
competitive and our job is to provide a good service to improve all our customer’s products. It
can be achieved by employing the right people, building the right and the latest technology
services, monitoring and supervising the processes of the organization and lastly maintaining and
introducing new quality standards for better customer satisfaction.
Purpose
Proactively build a growing and profitable organization for the well-being of its owners,
associates, and community, while providing our customers “best of class” services. Pursue our
work activities based on individual freedom and responsibility, respect, honesty, fairness and
hard work. Create a professional, respectful, productive and enjoyable working environment.
Company Principles:
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Doing our best in all actions.
Profit oriented.
Hard work.
Attention to detail.
Bindya Cargo Pvt. Ltd. is a unique national transportation provider offering our clients the
resources of a large multi-national group with the personalized service, speed of action, and
expertise only a small independently owned company can provide anywhere in India. Our
services can be custom designed at both origin and destination. Our services are designed around
our customers’ success in supply chain management. We are the “eyes and ears” of our
customers in the supply chain. We function as “in-house” transportation specialists.
Bindya Cargo Pvt. Ltd plays a key role in India’s downstream oil and gas sector, and its flagship
company, Aegis Logistics Limited, is India’s leading oil, gas, and chemical logistics company.
Vision is to be the industry leader in our business segments by delivering superior customer
service with a focus on quality, safety, and environmental standards.
“Values are the key driving forces that help us align our organization towards customer
sensitivity and deliver beyond customer’s expectations. They encompass our attitude, behavior,
action and delivery promise. These corporate values will propel the organization to achieve
sustainable heights in business in the long run.”
Warehouses at 85 locations across the country as well as bonded warehouses at the 7 major
metros of Ahmadabad, Bangalore, Chennai, Delhi, Mumbai, Kolkata and Hyderabad.ISO 9001 -
2015 countrywide certification by Lloyd's Register Quality Assurance for our entire operations,
products and services.
Ecommerce B2B and B2C initiatives including partnering with some of the prime portals in the
country.
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Competitive Advantage lies in
Technology
Designed to enhance the reliability of our operations and process efficiency, and add value to the
customer through time and cost savings.
Peopleforce
Committed; diverse and over 10,804 strong are our most valued asset. All our achievements have
been possible because we have a team who believes in themselves and their company, a team
with a winning attitude. They are a learning organization, we value self-development, and most
of our managers are homegrown.
SustainabilityInitiatives
Social Responsibility is a core element in our corporate strategy. It is a socially responsible
corporate have undertaken numerous steps to give back to communities, in whatever way we
can.
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Commitment towards community causes has been unwavering since our inception in 2013. As a
socially responsible corporate has an in-house Sustainability Team responsible for identifying
and addressing various sustainability issues and supporting initiatives that make the world a
better place for future generations. As part of the DHL Group & in line with its CSR platform,
our major focus areas have been:
- Go Teach (Education)
- Go Green (Environment)
- Go Help (Disaster Management Response)
Bindya Cargo Private Limited is a Private incorporated on 13 May 2013. It is classified as Non-
government Company and is registered at Registrar of Companies, Bangalore. Its authorized
share capital is Rs. 500,000 and its paid up capital is Rs. 500,000.It is involved in Supporting and
auxiliary transport activities; activities of travel agencies.
Bindya Cargo Private Limited's Annual General Meeting (AGM) was last held on 29 September
2017 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last
filed on 31 March 2017.
Directors of Bindya Cargo Private Limited are RajuRavishankar and
SushmaKoopadiraNanjappa.
With the motive of complete client satisfaction, BINDYA CARGO PVT. LTD is offering a
wide range of Service provider of air freight, train, road transporter, goods transportation, parcels
services. Started our venture in the 2010 year, we are serving our clients from Hyderabad, India.
Domestic freight forwarding and door delivery services by Air Cargo and Train Cargo. Domestic
truckload logistics services.
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HEAD OFFICE
BOOKING GODOWN
MS/Bindya Cargo Pvt. Ltd.
# B-89,Dr DevrajUrs Truck Terminal
Industrial Suburb,Yeshwanthpur 2nd Stage
Bangalore-560022
BRANCHES
GROWTH OPPORTUNITIES
We are a learning organization and encourage development of knowledge, skills and attitudes to
enable our people to perform to their full potential. We have developed a corporate-wide training
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programmed to bring learning to the work place through the use of in-house, qualified trainers
and the intranet. Individual training needs are identified, training objectives are set, the
appropriate module implemented and, finally, the effectiveness of the training is analyzed and
evaluated through the training MIS. The objective of the training is to build competencies to
respond to the dynamic business environment, and to build leadership. Most of our managers
have risen from the rank.
Employee Satisfaction
we have instituted an annual ESS (Employee Satisfaction Survey) program to assess employee
satisfaction levels across various functions and units. Satisfaction levels with dimensions such as
Immediate Leadership, Corporate Leadership, Organizational Identification, Work-Group Co-
operation and Job Conditions are analyzed, and action taken to induce continuous improvement
in these areas through employee involvement. We also have a Guaranteed Fair Treatment Policy
to ensure that employee grievances are addressed, if unresolved, at the highest management
levels of the organization.
Guiding Principles
• They will treat each other fairly and with respect and dignity.
• They will encourage freedom in communication of thoughts and ideas in all our interactions.
• They will ensure that our People First philosophy serves as a driving force behind the success
of our organization.
• They will provide a work place where each and every employee is nurtured and who, in turn,
will nurture the organization, thereby creating wealth for stakeholders.
• They will expect our people to be accountable for all their actions related to the company.
• They will drive the First Time Right concept to achieve 100% Quality and Customer
satisfaction.
• They will encourage passion and enthusiasm for Work, Service Quality and Customer Care.
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• They will project a positive, caring and professional image of ourselves and our services at all
times.
• They will avoid waste by being conscious of the impact of all our actions on the environment.
VISION
BINDYA CARGO PVT LTD envisions itself as a global leader in its segment, providing higher
standards of exclusive and professional services. Growth of the company should be coupled with
creating landmarks in changing the quality of life of its customers in terms of their success,
prosperity and comfort. BINDYA CARGO PVT LTD should have renowned branding as a
trustworthy and work efficient organization. A one point thousands solution provider to the
national customers and by handling all aspects of logistics services. Our mission is to create
value to our clients by delivering innovative tailored solutions to move products and information
more efficiently and effectively with the best people, systems and processes .
MISSION
Committed to provide professional services to take care of Total Logistics needs of our
customers and make them satisfied every time
OWNERSHIP PATTERN
Bindya Cargo Company is the private company. (Non-public) sector of an economy, controlled
and operated by private individuals (and not by civil servants or government-employees).
Its ownership pattern is privately held company.
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Shareholders collectively elect executive board members who make high-level decisions about
the direction of the company. The board also appoints top managers in the business, such as the
CEO. In some cases, shareholders are asked to approve decisions that the executive board makes
Director Details
DIN Director Name Designation Appointment Date
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SERVICES OF THE COMPANY
Bindya Cargo Pvt. Ltd. is a unique national transportation provider offering clients the resources
of a large multi-national group with the personalized service, speed of action, and expertise only
a small independently owned company can provide anywhere in India. Our services can be
custom designed at both origin and destination. Our services are designed around our customers’
success in supply chain management. We are the “eyes and ears” of our customers in the supply
chain. It function as “in-house” transportation specialists. Domestic freight forwarding and door
delivery services by Air Cargo and Train Cargo. Domestic truckload logistics services. It values
are the key driving forces that help us align our organization towards customer sensitivity and
deliver beyond customer’s expectations. They encompass our attitude, behavior, action and
delivery promise. These corporate values will propel the organization to achieve sustainable
heights in business in the long run.
AIR FREIGHT
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TRAIN TRANSPORT
ROAD TRANSPORT
KEY SERVICES
The key services which will be included in the Bindya Cargo Private Limited Air
cargo will be;
It works with all the major airlines across the world to provide all the customers with
good international and domestic airfreight transportation.
The door to Door shipments along with a good customs clearance and onward delivery
Timely and express deliveries to customers
Time-sensitive Cargo for many cargos
The key services which will be included in the Bindya Cargo Private Limited Road
transport will be;
Company Principles:
• Fairness.
• Profit oriented
. • Hard work.
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• Attention to detail.
.Its services
Domestic freight forwarding and door delivery services by Air Cargo and Train Cargo. Domestic
truckload logistics services.
Bindya Cargo Pvt. Ltd. has a well-coordinated, competent team of committed, dedicated and
dynamic young people, who are efficient to execute the complete transactions of cargo industry,
independently. Services provided by Bindya Cargo Pvt. Ltd.
TRUCKING - RAIL
We have well established networks in the trucking and rail industry. We provide fast, efficient
and reliable delivery to destinations all over India.
Full Container Load & Loose Container Load
Local Trucking
Door to Door Services
Pick up any time for special shipments.
Inland Trucking & Rail Distribution, whatever your needs are...
AIR FREIGHT
For fast and reliable on-time delivery, Bindya Cargo Pvt. Ltd. is well fit for the job, with good
relationship with major airlines. This partnership enables us to guarantee spaces and have special
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rates for our valuable customer.
WAREHOUSING
Bindya Cargo Pvt. Ltd. can arrange complete warehousing and storage for shipping’s at any
point along the transport route within our global network. They use full service and bonded
facilities that offer effective security and experienced staff to ensure the safe handling of stored
cargos.
Loading & demanding of container
Packaging and re-packaging.
Storage
Palletizing and shrink wrapping.
Labeling, Pick & Pack, Re-taping.
Critical Express
A door-to-door express service for critical shipments such as passports, tenders, original
papers/certificates, property documents, etc across India under 32kgs per package in a secure
and safe manner.
Domestic Priority
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The fastest, most reliable, door-to-door day-definite delivery service across India for
documents and small shipments under 32KGs per package.
Shipping
Use the following tools to simplify shipping process:
Location Finder: Find the service locations of tracking as well as the tracker counter
located closest to you. You may search by city, or pin code to find one of over the locations
serviced in our country.
Transit Time Finder: Check the transit times for your domestic and international
shipments, and for the various services offered by Blue Dart to help you identify the service
that meets your requirements.
Price Finder: Calculate your shipping costs for your domestic and international shipments
by using our Price Finder. If you are a regular customer in need of customized pricing .
Service Guide: Use our Service Guide to help you select the service that best meets your
business requirements.
Schedule a pickup on-line from anywhere in the world.
Ship Dart: A complete downloadable package for all Shipping and Tracking needs of
frequent, high-volume users and e-shops.
Billing
The Bills and Payments tool enables credit customers to receive invoices online. You may view
your outstanding and download and print the invoice.
You will receive the following on request :
Invoice
Debit Note
Air Network
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The only one of its kind in the country today that is focused on carriage of packages as its prime
business, rather than as a by-product of a passenger airline. A dedicated aviation system to
support Bindya’s services is self-sustaining, with its own bonded warehouses, ground handling
and maintenance capability.
People
committed diverse and over 10,804 strong are our most valued asset. All our achievements have
been possible because we have a team who believes in themselves and their company, a team
with a winning attitude. We are a learning organization, we value self-development, and most of
our managers are homegrown.
Technology
Designed to enhance the reliability of our operations and process efficiency, and add value to the
customer through time and cost savings.
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CHAPTER 3
MCKINSEY’S 7S FRAMEWOR
siness consultants Robert H. Waterman, Jr. and Tom Peters (who also developed the MBWA--
"Management By Walking Around" motif, and authored In Search of Excellence) in the 1980s.
This was a strategic vision for groups, to include businesses, business units, and teams. The 7’S
are structure, strategy, systems, skills, style, staff and shared values.
The model is most often used as an organizational analysis tool to assess and monitor
The model is based on the theory that, for an organization to perform well, these seven elements
need to be aligned and mutually reinforcing. So, the model can be used to help identify what
needs to be realigned to improve performance, or to maintain alignment (and performance)
during other types of change.
Whatever the type of change – restructuring, new processes, organizational merger, new systems,
change of leadership, and so on – the model can be used to understand how the organizational
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elements are interrelated, and so ensure that the wider impact of changes made in one area is
taken into consideration
• The basic premise of the model is that there are seven internal aspects of an organization that
need to be aligned if it is to be successful
Hard Elements
• Strategy - Purpose of the business and the way the organization seeks to enhance its
competitive advantage.
. Soft Elements
• Shared Values
• Style - Typical behavior patterns of key groups, such as managers, and other professionals.
STRATEGY: The direction and scope of the company over the long term.
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STRUCTURE: The basic organization of the company, its departments, reporting lines, areas of
expertise and responsibility.
SYSTEMS: Formal and Informal procedures that govern everyday activity, covering everything
from management information systems, through to the systems at the point of contact with the
customer (retail systems, call Centre, systems, online systems, etc.).
SKILL: The capabilities and competencies that exist within the company. What it does best.
SHARED VALUES: The values and beliefs of the company, ultimately they guide employees
towards ‘valued’ behavior.
STAFF: the Company’s people resources and how they are developed, trained and motivated.
STYLE: The leadership approach of top management and the company’s overall operating
approach.
Skills
Structure
Style
Systems
Staff
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The Seven Elements
Structure
Systems Stratergy
Shared
Style values
Staff Skills
McKinsey’s 7S Elements
STRATEGY:
Institution for advanced learning.
Internal consultant/change agent.
To act as catalyst for change in attitudes and orientation of banking staff and to provide
expertise and consultative support.
Feedback supplier.
STRUCTURE:
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Structure tells us in the organization who reports to whom. He / she will do what and he / she
work reported whom this all information helps to take decision making in the organization this
information consider under the structure below diagram shows to the organization structure.
SKILL:
The company employees must to know the new skills like communication, & management
information system skills etc. and how to adopted that skills in the organization and employees
must to know the human & ethical skills its necessary because its tells us how to behave with the
customer in the delivery of goods.
STYLE:
Style includes Leadership style of top management and overall operating style of the
organization. Style impacts the norms people follow and they work and interact with each other
and with customers.
• How does the top management make decisions – Participatory Vs Top Down?
• How do managers spend their time in informal meetings, informal conversations, etc...?
Style of functioning
• Emergency meetings are held where top management and employees collectively participate-
targets for the week is set, responsibilities are delegated, suggestions are invited.
• Personal attention to the project trainees helps in creating a good image in the eyes of the
public.
• Staff has very good informal conversations that develop a sense of loyalist, motivation,
dedication within the employee
There is a good cordial relation between the management and the employees which shows a
participatory leadership style is observed.
STAFF:
The staffing procedure mainly includes how the organization has to look into its people, their
backgrounds, and competencies. Staff also includes the organization approaches to recruitment,
selection and specialization. How people are developed, how recruits are trained, socialized and
integrated and how their careers are managed.
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•They are involved in all the required meetings and activities.
•The Staff are given freedom to use their innovation and creative skills.
SYSTEM:
Systems in their frame work stands for the rules and regulations, procedures and practices that
must be allowed to carry out the tasks in the organization. A good system adds to the efficient
and effective working of the entrepreneur.
They attract customers.
Deliver goods & products on time.
Charge some amount to deliver the goods.
Well packed.
SHARED VALUE:
Team work, transparency, courage, integrity, trustworthiness this all are the core value of SBI
Each individual worker hands –hand to common organization goal, crate a culture of openness
internally communicating discloser policy and standards to external word true to self and to all
our stockholder, to take the right decision without any fear or favor in the best interest of all our
stake holders The employees share responsibility and protect the company’s name and integrity.
There is no sharing of confidential/ important information with the outsiders.
CHAPTER 4
SWOT ANALYSIS
SWOT analysis is a strategic planning technique used to help a person or organization identify
strengths, weaknesses, opportunities, and threats related to business competition or project
planning.[1] It is intended to specify the objectives of the business venture or project and identify
the internal and external factors that are favorable and unfavorable to achieving those objectives.
Users of a SWOT analysis often ask and answer questions to generate meaningful information
for each category to make the tool useful and identify their competitive advantage. SWOT has
been described as the tried-and-true tool of strategic analysis
1. Internal Factors
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The first two letters of acronym, S (strength) and W (weakness), refers to internal factors that are
the resources available in the organization. The internal environment refers to all the factors
within the control of and inside the organization.
STRENGTHS
These are the factors that provide competitive advantage to the organization. These factors
collectively may allow an organizations to bring about a change an organization itself, thus
factors can be different for different organizations.
WEAKNESS
Weaknesses are the factors that limit the growth of company or restrict the company from
moving in a desired direction. These factors also hinder the organization from achieving success
through the internal capabilities.
2. External Factors
These factors are resided outside the organization.
Opportunities
An opportunity is a major favorable situation in the firm’s environment. The industry should
build its production capacity to meet the upward moving demand, both for domestic and
international markets.
Threats
Threats are the external unfavorable conditions. They act as barriers for the organization in
achieving its desired market position. These factors also differ as per the organization and the
areas in which it operates.
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SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses,
Opportunities and Threats involved in a project in a business venture. It involves specifying the
objectives of the business venture or project, and identifying the internal and external factors that
are favorable and unfavorable to achieve those objectives.
A SWOT analysis helps elucidate strategic advantages. Strengths are attributes of the person or
company helpful in achieving the objective(s), while weaknesses are attributes of a person or
company, harmful in achieving the objective(s).Opportunities are the external conditions, helpful
in achieving the objective(s) and threats are external conditions which could do damage in the
objective(s).
STRENGTHS
Capacity to carry varying cargo.
Strong brand image and brand equity.
Global presence amongst over Karnataka.
Smart truck technology with "intelligent" pick-up, route planner technologies.
Most extensive domestic network covering cargo.
Good advertising and visibility.
The company having good reputation from the customers.
WEAKNESS
Not very well known compared to big global players.
Local courier boys form the face of the company hence sometimes it’s a problem if they
are not trained enough.
Unable to dominate the domestic air cargo industry.
OPPORTUNITIES
Global expansion and better penetration.
Increase presence in rural areas and diversification in logistic services.
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Increase of world trade in manufactured goods.
GST implantation can consolidate the business.
Growth expected in international trade.
THREATS
Bad economic & political scenario.
Prices of fuel can go up.
Different regulation in different countries hindering operations.
Very low contingent liability.
CHAPTER 5
ANALYSIS OF FINANCIAL STATEMENT
Financial statement analysis is the process of examining relationships among financial statement
elements and making comparisons with relevant information. It is a valuable tool used by
investors and creditors, financial analysis, and others in their decision making processes related
to stocks, bonds, and other financial instruments. With a great understanding of the balance sheet
and P&L account and how it is constructed, we can look at some techniques to analyze the
information contained within the balance sheet and P&L account.
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PURPOSE
To assess past performance and current financial position.
COMPARATIVE STATEMENT
“A comparative statement is a document that compares a particular financial statement with prior
period statement or with the same financial report generated by another company. Analyst and
business managers use the income statement balance sheet and cash flow statement for
comparative purposes.
RATIO ANALYSIS
1. CURRENT ASSET TURNOVER RATIO: This turnover ratio is shows the
efficiently used current asset for increased in net sales. It is the relationship between net sales
and current assets.
Formula:
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1 2012-13 22,073,929 81,46,918 2.71:1
Data analysis:
2.9 2.87
2.8
2.71
2.7
2.6
2.5
2012-13 2013-14 2014-15
In 2012-13 the current asset turnover ratio was 2.71:1. And ratio level was increased to 3.09:1, in
the year 2013-14 and again the ratio level was decreased to 2.87:1.
Interpretation:
According to current asset turnover ratio in 2012-13 was 2.71:1 because sales and current asset
value is low compare to other years. Then 2013-14 the ratio was increased because current asset
and sale value was increased compare to previous years. The in 2014-15 the ratio was again
decreased because raw material cost and other asset cost are increased and sales are less compare
to previous years
2. Quick ratio
The Quick Ratio is a measure of how well company can meet its short term financial liabilities.
Also known as the Acid Test Ratio, it can1 be calculated as follows:
𝐐𝐔𝐈𝐂𝐊𝐑𝐀𝐓𝐈𝐎= 𝐋𝐈𝐐𝐔𝐈𝐃𝐀𝐒𝐒𝐄𝐓𝐒/𝐂𝐔𝐑𝐑𝐄𝐍𝐓𝐀𝐒𝐒𝐄𝐓𝐒
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1 2012-13 76,02,590 21,68,936 3.51:1
Data analysis: In the year 2012-13 the liquidity position of the company was 3.51:1. It
was increased to 7.11:1 in the year 2013-14. And also increased to 8.57:1 in the year 2014-
15.compare past three years financial data, 2014-15 liquidity positions good.
QUICK RATIO
9 8.57
8
7.11
7
6
5
4 3.51
3
2
1
0
Interpretation:
According to quick ratio the company liquidity position shows more than 1 and also is good
moving. The global company in 2014-15 is 8.57 liquidity position compare to past two years. So
company liquidity position is blocked as too much capital present in the Current Asset. They
need to take cautions measures to reduce the capital involved in current assets. That will improve
the liquidity position of the company.
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average stock for the year. The inventory turnover find out the average stock how many times
sold during the period of time or how fast getting to prepare for the sale in certain period of time.
Formula:
Data analysis:
According the data in 2012-13 the inventory turnover ratio was 9.79:1 and it was increased to
21.89:1 during 2013-14. And in 2014-15 it was decreased to 14.86:1 in global Boards Company
inventory level.
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25 INVENTORY TURNOVER RATIO
21.89
20
14.86
15
9.79
10
Interpretation:
In 2012-13 the global Board’s inventory turnover ratio was 14.86 shows the low level of sales
compare to other years because the average stock is more. In 2013-14 cost of average inventory
is less and unit of product sold is in high level that’s the reason the company profitability also in
better condition compare to other years data. But in 2014-15 the inventory turnover level is less
compare to the previous years because inventory cost is high but sales is comparatively in good
condition.
4. FIXED ASSET TURNOVER RATIO:
This ratio measures the fixed assets efficiency of the company. The fixed asset turnover ratio is
shows the ability to create sales from the fixed Invested in the company. The asset turnover ratio
equals net asset divided by company fixed assets. Ratio shows the higher value represent good
financial position.
Formula:
S.L No 1 2 3
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Year 2012-13 2013-14 2014-15
Data analysis:
In 2012-13 the fixed asset turnover ratio 3.6:1 and it was increased to 4.97:1 and then the
company fixed asset turnover ratio was increased to 6.00:1. According to ratio head towards
better financial performance of Global Boards.
4 3.6
INTERPRETATION:
According to fixed asset turnover ratio the global boards company’s financial performance is
better. But low asset performance in 2012-13 because fixed asset cost was high and low sales
level. Then in 2013-14 average level of asset turnover provided. And in 2014-15 ratio higher was
6.00 compare to past two years.
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Gross profit ratio is one of the profitability ratio and it presents the relationship between total
gross profit and total net sales during the year. It’s very famous technique to calculate the
operational performance in the company. The Gross profit ratio is shown in Gross profit margin.
In this ratio, Gross profit is equal to total net sales minus cost of goods sold (G/P = Total sales –
cost of goods sold).
Formula:
S.L No 1 2 3
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GROSS PROF IT RATIO
25.00%
20.99%
19.68%
20.00%
15.00%
11.16%
10.00%
5.00%
0.00%
INTERPRETATION:
Rendering to chart in 2013-14 gross profit was maximum compare to the before and after years
and the gross profit is too low in 2014-15 compare to previous years due to the reason of sudden
increasing Raw material cost, purchases and direct expenses prices. Therefore company will take
some effort to increasing the sales level and also gain profit margin in coming years.
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Financial statements of Bindya cargo pvt.Ltd
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Income Tax
Less: Expenses 7,749 9,994 7,929 9,903
Earnings after tax 13,957 18,998 14,984 19,683
Other
Comprehensive
Income(post tax) 279 153 285 471
Total
Comprehensive
Income for the
year 13,678 18,845 13,699 19,212
Non Controlling
Interest
Profit is atributable
to:
Owners of Blue
Dart Express Ltd. 13,984 19,623
Non Controlling
Interest - 60
Total 13,957 18,998 13,984 19,683
Retained
Earnings
Balance as at the
beginning of thhe
year 31,713 20,939 22,761 16,816
Add: Profit for
the year 13,957 18,998 13,984 19,623
Profit available for
appropriation 45,670 39,937 36,745 36,439
Appropriations
Put/Call option
liability towards
Non Controlling
Interest in a
subsidiary - - - 5,136
Deferred Tax
adjustments on
settelment of
Put/Call liabilty - - 373 -
Dividend(includin
g dividend
distribution tax) 8,568 5,738 8,568 5,738
Transfer to 2,333 2,333 2,333 2,333
Page | 35
Debenture
Redemption
Reserve
Remeasurement of
post employmet
benefit obligation,
net of tax 279 153 285 471
Balance as at the
end of the year 34,490 31,713 25,186 22,761
STANDALONE BALANCE
SHEET AS AT MARCH
31ST, 2019
Note As at As at As at
31-Mar-
31-Mar-19 31-Mar-18 17
in rupee in rupee in rupee
Lakhs Lakhs Lakhs
ASSET
S
NON-CURRENT ASSETS
Property, Plant and
Equipment 4 18,533 19,461 16,757
Capital work-in-progress 4 291 281 486
Other Intangible Assets 4(a) 4,889 4,873 4,513
Intangible Asset under
development 4(a) 3,054 1,772 2,054
26,767 26,387 23,810
Financial Assets
Investments 5 14,406 7,345 1,977
Loans 6(a) 2,996 5,437 9,348
Other Financial
Assets 7 7,063 6,173 5,342
Non-Current Tax Assets 8 932 692 957
Page | 36
Other Non-Current Assets 9 584 828 1,193
25,981 20,475 18,817
CURRENT
ASSETS
Inventories 10 553 518 395
Financial Assets
Trade
Receivables 11 35,975 29,135 26,531
Cah and Cash
equivalents 12 25,432 28,620 16,506
Bank balances
other than above 13 111 85 57
Loans 6(b) 2,547 3,992 3,248
Other Financial
Assets 14 4,711 3,057 2,386
Other Current Assets 15 3,084 3,153 3,003
Assets clasiffied as held for
sale 16 - - 438
72,413 68,560 52,564
TOTA
L 125,161 115,422 95,191
EQUITY AND LIABILITIES
EQUIT
Y
Equity Share Capital 17 2,376 2,376 2,376
Other quity 18 49,796 44,686 31,579
52,172 47,062 33,955
LIABILITIES
NON-CURRENT LIABILTIES
Financial Liabilities
Borrowings 19 16,609 33,219 33,219
Employee Benefit 20(a
Obligations ) 2,534 1,777 1,450
Deffered Tax
Liabilities(held) 21 149 397 270
19,292 35,393 34,939
CURRENT LAIBILITIES
Financial Liabilities
Borrowings 22 16,610 - -
Trade Payables 23 22,213 20,456 16,878
Other Financial
Laibilities 24 8,128 6,694 6,229
Other Current Laibilities 25 1,128 881 552
Employee Benefit 20(b
Obligation ) 5,618 4,936 2,638
Page | 37
53,697 32,967 26,297
TOTA
L 125,161 115,422 95,191
Page | 38
INCOME:
items that will not be reclassified to
statement of profit and loss
actuarial loss arising from 426 231
remeasurements of post-employment
benefit obligation
income tax relating to this item -147 -78
TOTAL COMPREHENSIVE INCOME 13,678 18,845
FOR THE YEAR
EPS(EARNING PER EQUITY
SHARE) [nominal value of share 10/-
each]
basic earnings per share 59 80
diluted earnings per share 59 80
Page | 39
Furniture 3,754 1,422 1 5,175 * 819 * 819 4,356
and
fixtures
Vechicles 129 0 89 121 * 32 * 32 89
Material 664 750 -16 1,430 * 85 * 85 1,345
handing
Equipmen
t
Machiner 499 62 1 560 * 204 * 204 356
y and
Equipmen
t
Total 16,757 5,761 29 22,489 * 3,028 * 3,028 19,461
Tangible
Assets
Capital 486 223 438 281 * * * 281
work in
progress
Expenses
capitalised
in respect
of above
capital
work_in_p
rogress
Eemploye * * * * * * * * *
e benefit
expenses
other * 11 * 11 * * * * 11
expenses
Total * 11 * 11 * * * * 11
Page | 40
2019 2019 2019
Intangibl
e Assets:
compute 4,164 1,354 * 4,164 * 754 * 754 3,410
r
software
Internal 1,703 * * 1,703 * 240 * 240 1,463
ly
Generat
ed
software
Total 4,513 1,354 * 5,867 * 994 * 994 4,873
Intangibl
e Assets
2,054 482 764 1,772 * * * * 1,772
Expense
s
captaise
d in
respect
of above
Intangib
le Assets
under
develop
ment
Employ 952 1,006 120 1,838 * * * * 1,838
ee
benefit
expanse
s
other 63 12 * 75 * * * * 75
Expense
s
Total 1,015 1,018 120 1,913 * * * * 1,913
Page | 41
STANDALONE STATEMENT OF CASH FLOWS FOR THE
YEAR ENDED MARCH 31, 2019
Ye Ye
ar ar
en en
de de
d d
31 31
- -
M M
ar ar
- -
19 18
in in
ru ru
pe pe
es es
La La
kh kh
s s
A Cash
. Flows
from
Operating
activities
Prifit 21 28
before ,7 ,9
Taxatio 06 92
Page | 42
n
Adj
ust
men
ts
for:
Depriciatio 31 4, 4,
n and 39 02
Amortisatio 3 2
n Expense
Fina 30 3, 3,
nce 12 11
Cost 5 4
s
Inter 27 1, -
st 60 1,
inco 2 38
me 8
Dividen 27 - -
d from 41 77
mutual 8 5
funds
Unwinding 27 - (5
interest on 50 48
Payload Deposit 4
and Lease Deposit
Loss on 32 6 38
sale/scrapping of
Property, Plant
and
Equipment(Net)
Net Gain on 27 - -
Foreign Currency 16 62
Transactions and
Translation
Bad 32 15 14
debts 6 4
written
off
Operating profits 26 33
before changes in ,8 ,5
operating assets and 46 37
liabilities
Adjustments for
changes in
operating asstes
Page | 43
and liabilities
(Increas - -
e) in 34 12
Invento 3
ries
(Increas - -
e) in 6, 2,
Trade 98 68
Receiva 0 6
bles
(Increase) in - -
Other Non 37 22
Current 2 8
Financial
Assets
Decrease in 51 25
Other Non 6 5
Current
Assets
(Increase) - -
in Other 1, 63
Current 71 9
Financial 3
Assets
(Increase) - -
in Other 27 20
Current 9 9
Assets
(Increas - -
e) in 25 41
Current
Loans
Increase 1, 3,
in Trade 75 57
Payable 6 8
s
Increase in 1, 43
Other Current 40 7
Financial 8
Laibilities
Increase in 24 32
Other 8 9
Current
Laibilities
Increase in 25 2,
Current 2 06
Page | 44
Employee 7
Benefits
Obligations
Non- Current 75 32
Employee 7 7
Benefits
Obligations
Cash 22 36
generation ,3 ,6
from 80 04
Operations
Taxes 8 - -
paid(net 8, 9,
of 08 52
refunds) 7 4
Net cash 14 27
from ,2 ,0
Operating 93 80
activities
B Cash flows
. from
Investing
activities:
Payments for 4 - -
Property, Plant and an 3, 7,
Equipments & other d 49 11
Intangible assets 4( 7 5
a)
Changes in capital 4 - 65
work -in-progress & an 1, 6
Intangible assets d 21
under development 4( 6
a)
Proceeds from 9 42
sale of 9
Property, Plant
and
Equipments
Interest 1, 1,
receive 66 35
d/settle 2 6
d
Devide 27 41 77
nd from 8 5
mutual
Page | 45
fund
Investm - -
ents in 38 30
mutual 4, 9,
fund 00 29
6 1
Redemp 38 30
tion 4, 4,
from 00 29
mutual 6 1
funds
Inestments in 5 - -
Blue Dart 7, 5,
Aviation 06 36
Limited 1 8
Loans 6( 3, 3,
repaid/settled a) 91 20
by Blue Dart an 1 8
Aviation d
Limited 6(
b)
Investment in Bank 7 - -
Fixed 14 55
deposits(Maturity
period more than 12
months)
Net cash - -
(used in ) 5, 6,
Investing 78 11
activities 8 4
C Cash flows 30 - -
. used in 3, 3,
Financial 12 11
activities: 5 4
Inter 18 - -
st 7, 4,
paid 11 74
8 6
Divi 18 - -
den 1, 99
d 45 2
paid 0
Dividen - -
d 11 8,
distribut ,6 85
Page | 46
ion tax 93 2
paid
Net cash - 12
(used in) 3, ,1
Financing 18 14
activities 8
Net(decrease)/inc 28 16
rease in Cash and ,6 ,5
Cash Equivalents 20 06
Cash and Cash 25 28
Equivalents at ,4 ,6
the beginning of 32 20
the year
Cash and
Cash
Equivalents at
the end of the
year
Reconciliation of cash
and cash equivalents as
per thecash flow
statements
Cash
and
Cash
Equiva
lents
Cheque 12 93 1,
s and 2 01
Drafts 6
on hand
Bala
nces
with
ban
ks:
In 12 8, 7,
curr 09 45
ent 3 9
acco
unts
Deposits with 12 16 20
maturity period ,0 ,0
less than 3 00 00
Page | 47
months
Cas 12 40 14
h on 7 5
han
d
25 28
,4 ,6
32 20
B) Other Equity
Reserves &Surplus Total
Securiti Gener Debenture Retaine
es al Redempti d
Premiu Reserv on Earnin
m e Reserve gs
reserve
Balance as at April1,2017 3,475 6,193 972 20,939 31,57
9
Profit for the year * * * 18,998 18,99
8
Other comprehensive incme * * * -153 -153
Page | 48
Total comprehensive income * * * 18,845 18,84
for the year 5
Transfer to/from other * * 2,333 -2,333 *
reserves
Transaction with owners in
their capacity as owners
Page | 49
PROPERTY,PLANT AND EQUIPMENT
Descript NE
ion of T
assest BL
GROSS BLOCK(AT OC
COST) DEPRECIATION K
Clo Clo
Ope sing Ope sing Clos
ning Bal ning Bal ing
bala *De anc bala *De anc Bala
Add For
nce duct e as nce duct e as nce
itio the
as at ions at as at ions at as at
ns year
Apr /Adj Mar Apr /Adj Mar mar
il ust ch il ust ch ch
1,20 men 31,2 1,20 men 31,2 31,2
18 ts* 019 18 ts* 019 019
Tangibl
e
Page | 50
Assets:
Land- 3,96 3,96 3,96
freehold 3 * * 3 * * * * 3
Lease
hold
improve
ment 452 49 1 500 52 155 * 207 293
Building 1,24 1,25 1,17
’s 4 13 * 7 53 29 * 82 5
Office
Equipme 2,19 2,62 1,89
nt 6 538 105 9 338 403 5 736 3
Electrica
l
Equipme 2,50 2,92 1,99
nt 1 398 -28 7 509 431 5 935 2
Comput 4,84 5,51 1,08 2,02 3,49
ers 7 679 8 8 936 8 3 1 7
Furnitur
e and 5,17 5,69 1,65 4,03
fixtures 5 522 4 3 819 842 3 8 5
Vehicles 121 64 * 185 32 32 * 54 121
Material
handling
Equipme 1,43 1,54 1,33
nt 0 78 -39 7 85 129 * 214 3
Machine
ry and
Equipme
nt 560 41 -20 621 204 186 * 390 231
Total
Tangibl 22,4 2,38 24,8 3,02 3,29 6,30 18,5
e Assets 89 2 31 40 8 5 16 7 33
Capital
work in
progress 281 316 306 291 * * * 291
Expense
s
capitaliz
ed in
respect
of above
capital
work_in
_progres
Page | 51
s
Employe
e benefit
expenses * * * * * * * * *
other
expenses 11 * 11 * * * * * *
Total 11 * 11 * * * * * *
Page | 52
Total
Intan
gible
Asset 5,8 1,1 6,9 99 1,0 2,0 4,8
s 67 14 * 81 4 98 * 92 89
1,7 1,7 46 3,0 3,0
72 45 3 54 * * * * 54
Expe
nses
capta
ized
in
respe
ct of
abov
e
Intan
gible
Asset
s
under
devel
opme
nt
Empl
oyee
benef
it
expa 95 1,0 12 1,8 1,8
nses 2 06 0 38 * * * * 38
other
Expe
nses 63 12 * 75 * * * * 75
1,0 1,0 12 1,9 1,9
Total 15 18 0 13 * * * * 13
Page | 53
BALANCE SHEET OF BINDYA CARGO Pvt. Ltd.
31-03-19 31-03-18
PARTICULARS Rs Rs
CAPITAL& LIABILITIES
Capital 880500 850000
Reserve and Surplus 1222450 950525
Deposits 525550 395000
Borrowings 1095500 840000
Other liabilities and provisions 1055000 945350
Total 4781000 3980875
ASSETS
Cash and Balances with canara
Bank 1550000 1225000
Balances with other banks 590000 340000
Investments 1245000 1090000
Advances 850000 640000
Page | 54
Fixed Assets 445000 425500
Other Assets 101100 260375
Total 4781100 3980875
Contingent liabilities 250000 185125
Bills for collection 500000 345000
Assets
Cash and Balances with canara
bank 1550000 1225000 330000 26.93
Balances with other banks 590000 340000 250000 73.52
Investments 1245000 1090000 155000 14.22
Advances 850000 640000 210000 13.44
Fixed Assets 445000 425500 19500 4.58
Other Assets 101100 260375 159275 61.17
Total 4781100 3980875 800125 20.09
Page | 55
Contingent liabilities 250000 185125 64875 35.04
Bills for collection 500000 345000 155000 44.92
Assets
Cash and Balances with canara bank 155000 32.4 122500 30.7
Balances with other banks 59000 12.3 34000 8.54
Investments 124500 26 109000 27.3
Advances 85000 17.7 64000 16.07
Fixed Assets 44500 9.3 42550 10.68
Other Assets 10110 2.1 26037 6.54
Total 478110 100 398087 100
Page | 56
CHAPTER 6
LEARNING EXPERIENCE
The terms learning and experience as are two inseparable units. Truth be told, organizations can
say these are two sides of the same coin at the end of the day. Learning and encounters are
synonymous in nature. This is a direct result of reality that a person learns or picks up
information out of his experience and on the other side it is the experience which makes him
learn.
Thus every student doing a professional course needs to undertake summer training or internship
in his/her respective field, which gives them a chance to explore his skill to suit themselves in the
work environment.
My organization study at Bindya cargo Pvt ltd. helped me to understand the working or
functioning of each and every department in dept.
The organization had a friendly environment where I could interact with each and everyone in
the organization. This helped me in knowing the different aspects like knowledge, skill and
attitude that individual in posses in performing a job.
Another aspect which I noticed in the organization is the culture followed by cargo department.
Culture is what which tell how the employee’s personal views and ideas are concerned or not.
The organization maintains uniformity among employees. This ensures that equality principal is
followed which would enhance the loyalty, commitment of employees towards the organization
and reduce the turnover of Bindya cargo Pvt ltd, this way the organization helps in creating a
sense of belongingness among employees which is an asset to the origination.
Page | 57
The organization focuses on delivering what their existing and prospective customer wanted by
doing this they are able to remain ahead of the curve in evolving and embarrassing a digital
business model.
Providing advantages to his customers by way of transportations process through deliver the
goods.
During this tenure of 4 weeks I came to know about how a corporate system works in the real
sense and how different it is from classroom learning. The experience was like similar to
applying theoretical concepts of management in a practically to know about the dimension of
work.
Finally, I would like to conclude that by saying that though the duration of the project was
optimum, but it gave me an opportunity to learn the basics of the organizational work culture
which will help me to groom myself accordingly at that time when I enter to the corporate field.
Page | 58
BIBLIOGRAPHY
Page | 59