Dr.

Babasaheb Ambedkar Marathwada University

Chhatrapati Sambhaji Nagar

In partial fulfillment of the degree M.Com II Semester of On Job Training/ Field

Project of NEP 2020 in
OJT/Field Report on Preparation inventory of
Sanya Motors Private Limited

M. S. P. Mandal’s
Deogiri College, Chhatrapati Sambhaji Nagar.

Field Project Report

On
Preparation inventory of Sanya Motors Private Limited
Submitted By
Supriya sonavane
NCB010048
(OJT/Field Project II Semester)

2023-2024

Under Guidance

Prof. Kharat N. G. Prof. Dr. Ratnaparkhe S.D.

M.Com, NET, M.S.W., G.D.C. & A. M.Com., M.B.A., NET, G.D.C. & A., L.L.B., Ph.D.
(H.O.D. (P. G.) & Co-ordinator)
Department of Commerce.
 CERTIFICATE

This is to certified that this,

Filed Report on Preparation of inventory of Sanya Motors Private Limited

Is the Bonafide work of,

Mrs. Supriya sonavane,

Exam Seat No: NCB010048,

She/he carried out the On Job Training/ Field Project of Second

Semester under my supervision certified further, that to the best of my
knowledge the work reported herein is completed as per the requirements of
Dr. Babasaheb Ambedkar Marathwada University, Chhatrapati Sambhaji
Nagar in partial fulfillment of the degree M. Com a subject of On Job Training/
Field Project in Commerce for the Academic year 2023-2024.

Signature of Guide Head & Co-ordinator

P. G. Studies
Internal Examiner External Examiner
 Declaration

I, Supriya sonavane, Student of the M.Com First year Second

Semester studying in Deogiri College, Chhatrapati Sambhaji Nagar,
solemnly declare that the On Job Training/ Field Project,

Field Report on Preparation inventory of Sanya Motors Private Limited

Was carried out by me in partial fulfillment of Masters Degree of M.Com
Second Semester subject of, On Job Training/ Field Project Program under
the Dr. Babasaheb Ambedkar Marathwada University, Chhatrapati
Sambhaji Nagar.

This On Job Training/ Field Project was undertaken as part of

academic curriculum as per university rules and norms and by no
commercial interest or motive. It is my original work and not elsewhere for
any other purpose earlier.

Place: Chhatrapati Sambhaji Nagar. Supriya sonavane

Date: 26 / 04 /2024 NCB010048
Signature
 Acknowledgement
“Gratitude is not things of expression; it is more a matter of
feeling.” There is always a sense of gratitude which one express for
other for their help and supervisor in achieving the goals.
First, of all, I am highly thankful to Prof. Dr. S. D. Ratnaparkhe,
Prof. Kharat N. G., for allowing me to pursue my On Job Training/
Field Project,
Preparation inventory of Sanya Motors Private Limited

My special thanks to Prof. Maturkar V. M. who encouraged me,

properly guided me in each and every possible way throughout my On
Job Training/ Field Project.
I also give my express gratitude towards Prof. Ashok Tejankar,
Principle, Dr. Dilip Khairnar, Vice- Principle, Dr. Anil Ardad, Vice-
Principle, Dr. Aparna Taware, Vice- Principle, of Deogiri College, to
providing facilities to me gain and enhancing knowledge for
completion OJT/Field Project in time
I too express my deep gratitude to each and every one who has
been helpful me in completing the On Job Training/ Field Project
successfully.

Name of the Student

Sign---------------------------------
Seat No :- NCB010048
 Index

Sr No Particulars Page Remark

No

1 Introduction

a) Introduction

b) Company Introduction

c) Needs & Importance of Field

visit & report

2 Theoretical Framework

a) Literature Review

b) Scope of Field Work

3 Company Profile

4 Research Method

a) Field Visit Method

 b) Data Collection Methods

c) Importance of data and

collection of data for field

report

d) Objectives of Study

e) Need , Scope & Limitations of

Research

f) Tool and Techniques of Study

5 Data Analysis & SWOT Analysis

a) Balance Sheet

b) Collected data analysis

c) Accounting & ratio analysis

6 Conclusions

7 Suggestions
8 Bibliography
 Introduction
Subject: Introduction to Field Report on Preparation inventory of the
Company and the Need and Importance of Field Visits and Reports

In today's rapidly evolving business landscape, the role of field reports in

the preparation inventory of a company cannot be overstated. As
financial management becomes increasingly complex, companies must
adopt proactive measures to ensure accurate financial tracking,
transparency, and compliance. Field reports play a pivotal role in
achieving these objectives by providing firsthand insights into the
financial operations of a company.

The preparation inventory of any organization serves as the backbone of

its financial health, responsible for recording, analyzing, and reporting
financial transactions. However, relying solely on internal data may not
always provide a comprehensive understanding of the company's
financial status. This is where field reports come into play.

Field visits involve sending personnel directly to the locations where

financial transactions occur, such as branches, warehouses, or
manufacturing facilities. These visits allow accountants and auditors to
observe operations firsthand, verify financial records, assess internal
controls, and identify potential areas of improvement or risk. By
physically inspecting assets, inventory, and processes, companies can
ensure the accuracy and integrity of their financial data.
The need for field visits in the preparation inventory is underscored by
several factors:

1. Verification of Financial Data: Field visits enable auditors to verify the

accuracy of financial records by comparing them with physical evidence
and conducting on-site inspections.
2. Risk Management: By assessing internal controls and compliance with
financial regulations during field visits, companies can mitigate risks such
as fraud, misappropriation of assets, and errors in financial reporting.
3. Operational Insights: Field reports provide valuable insights into the
operational efficiency of different departments or locations, helping
management make informed decisions to optimize resource allocation
and improve performance.
4. Compliance and Governance: Regular field visits help ensure
compliance with legal and regulatory requirements, as well as internal
policies and procedures, fostering transparency and accountability within
the organization.
5. Relationship Building: Field visits also present opportunities for
accountants and auditors to interact directly with staff members,
fostering trust, collaboration, and communication across different levels
of the organization.
In conclusion, field reports are indispensable tools for maintaining the
financial integrity and transparency of a company's preparation
inventory . By conducting regular field visits and documenting their
findings in comprehensive reports, companies can enhance financial
control, minimize risk, and drive operational excellence.
 Companies Introduction
Sanya Motors Private Limited

Sanya Motors Private Limited Incorporated in 2004, SMPL, based in

Aurangabad, is an authorised dealer of TML in Maharashtra with 3S
facilities (showroom, spares and service centre). Mr Sachin Mulay is the
promoter of the company.

Companies Vision:
By FY 2024, we will become the most aspirational Indian auto brand,
consistently winning, by:
- Delivering superior financial returns
- Driving sustainable mobility solutions
– Exceeding customer expectations, and - Creating a highly engaged work
force.

Companies Mision:
We innovate mobility solutions with passion to enhance the quality of life.

Key Factors To Our Success:

1. Innovation: STPPL encourage a culture of innovation by providing
support for employees engaging in creativity and risk-taking, leading
to innovative solutions and breakthrough ideas.
 2. Team Work: STPPL believe effective teamwork is crucial for
achieving organizational goals and promoting a collaborative
culture. By establishing diverse and inclusive teams and encouraging
knowledge sharing, we facilitate collaboration and strengthen the
overall team dynamics.

3. Social Responsibilities: Sanjay Group is committed to contributing

positively to society and the environment. We believe in ethical
business practices, environmental sustainability, and community
involvement by supporting indigenous technology that aligns with
human values.

STPPL’s Core Values:

Quality Commitment

Honesty Substainability
STPPL Services :
Plastic Part
Moulding

Metal
Forming

Spray Painting
On Plastic Parts

Design & Making Product

Pad Printing & Laser Etching

Plastic Mould
Making

Brake Liner
Adhesion Process

Oil Reservoir Assembly

With Hot Plate Welding

Design & Making

Product

Testing Laboratory Plating/Painting/Powder Coating

STPPL Products :

Surface Two & Three Four

coating Wheeler Wheeler
Parts Parts

Sanjay Techno Products Private Limited is a Private incorporated on 11

September 1996. It is classified as Non-govt company and is registered at
Registrar of Companies, Mumbai. Its authorized share capital is Rs.
20,000,000 and its paid up capital is Rs. 18,541,000. It is inolved in
Manufacture of plastic products
Sanjay Techno Products Private Limited's Annual General Meeting (AGM)
was last held on N/A and as per records from Ministry of Corporate Affairs
(MCA), its balance sheet was last filed on 31 March 2021.
Directors of Sanjay Techno Products Private Limited are Sunil Pathak
Madhukar, Prasad Laxmikant Kokil and Sudhir Shiradkar Vasantrao.
Sanjay Techno Products Private Limited's Corporate Identification
Number is (CIN) U25200MH1996PTC102507 and its registration number is
102507.Its Email address is sunil.ghodke@sanjaygroup.in and its
registered address is PLOT NO. K-151, MIDC AREA, WALUJ AURANGABAD
MH 431133 IN. INVENTORY CONTROL TECHNIQUES
Current status of Sanjay Techno Products Private Limited is - Active.

Company Details

CIN U25200MH1996PTC102507

Company SANJAY TECHNO PRODUCTS

Name PRIVATE LIMITED

Company Active
Status

RoC RoC-Mumbai

Registration 102507
Number

Company Company limited by Shares

Category

Company Sub Non-govt company

Category

Class of Private
Company

Date of 11 September 1996

Incorporation

Age of 27 years, 7 month, 8 days

Company

Activity Manufacture of plastic

products
Share Capital & Number of Employees

Authorised Capital ₹20,000,000

Paid up capital ₹18,541,000

Director Details

DIN Director Name Designation Appointment

Date

00757732 SUNIL PATHAK MADHUKAR Director 27 January 2015

01215774 PRASAD LAXMIKANT KOKIL Managing 31 March 2011

Director

01272308 SUDHIR SHIRADKAR Managing 31 March 2011

VASANTRAO Director

Contact Details

Email ID: sunil.ghodke@sanjaygroup.in

Address:
PLOT NO. K-151, MIDC AREA, WALUJ AURANGABAD MH 431133 IN

INVENTORY CONTROL TECHNIQUES

Determination and maintenance of optimum inventory level, helps to
maximize owner’s wealth. Inventory management problems can be
handled by some techniques, which are:
 ABC analysis
 KANBAN system
 Just In Time (JIT)
 Safety Stock

ABC ANALYSIS:
It is very effective and useful tool for classifying, monitoring and
control of inventories. The firm should not keep same degree of
control on all the items of inventory. It is also known as Selective
Inventory Control. According to this technique the task of inventory
management is proper classification of all inventory items into three
categories namely A, B, and C category. The ideal categorization of
inventory items is shown in table as follows:

A 15
It is very effective and useful tool for classifying, monitoring and control of
inventories. The firm should not keep same degree of control on all the items of
inventory. It is also known as Selective Inventory Control. According to this technique
the task of inventory management is proper classification of all inventory items into
three categories namely A, B, and C category. The ideal categorization of inventory
items is shown in table as follows:

Literature review of filed report on preparation of inventory of stppl:

Introduction:
The accounting section of a company plays a crucial role in managing
financial transactions, preparing financial statements, and providing
insights for decision-making. A review of the literature in this field reveals
various topics such as financial reporting, auditing, managerial
accounting, and the adoption of new technologies. Determination and
maintenance of optimum inventory level, helps to maximize owner’s
wealth. Inventory management problems can be handled by some
techniques, which are:

Financial Reporting: INVENTORY CONTROL TECHNIQUES

Financial reporting encompasses the process of preparing financial
statements that communicate the financial performance and position of a
company to stakeholders. Scholars have examined issues such as the
quality of financial reporting, the impact of accounting standards (such as
GAAP or IFRS), and the role of corporate governance in ensuring
transparency and accountability.

Key studies in this area include research by Watts and Zimmerman (1978)
on the economic consequences of accounting standards and Dechow and
Skinner (2000) on earnings management and the quality of financial
statements.
Auditing:
Auditing involves the independent examination of financial statements to
provide assurance on their reliability and compliance with accounting
standards. Literature in auditing explores topics such as audit quality,
auditor independence, and the effectiveness of auditing standards and
procedures.

Notable studies include work by Francis and Krishnan (1999) on auditor

tenure and audit quality, and DeFond et al. (2002) on the impact of audit
fees on auditor independence.

Managerial Accounting:
Managerial accounting focuses on providing financial information for
internal decision-making and performance evaluation. Scholars have
investigated topics such as cost accounting, budgeting, performance
measurement, and the use of accounting information for strategic
planning.

Important contributions include studies by Kaplan and Norton (1996) on

the balanced scorecard framework and Simons (1995) on the role of
management control systems in implementing strategy.

Technology in Accounting:
The adoption of new technologies, such as cloud computing, data
analytics, and artificial intelligence, is transforming the accounting
profession. Literature in this area examines the benefits and challenges of
technology adoption, the impact on accounting practices, and the skills
required for accountants in the digital age.

Recent research includes studies by Richardson et al. (2019) on the use of

blockchain technology in auditing and KPMG's (2021) report on the future
of finance function in a digital world.

Conclusion:
The literature review highlights the diverse topics within the accounting
section of a company, including financial reporting, auditing, managerial
accounting, and technology adoption. While existing research has
provided valuable insights into these areas, there remain opportunities
for further exploration, particularly in addressing emerging challenges
and opportunities brought about by technological advancements and
changing business environments.

Scope of Field Work:

Defining the scope of your field of work involves determining the
boundaries and focus of your research project. This includes identifying
the specific research questions you aim to address, the population or
sample you will study, the methodologies you will use, and any limitations
or constraints that may affect your study.

Steps to Define the Scope of Field Work:

1. Clarify objectives: Clearly articulate the goals and objectives of your

research project. What do you hope to achieve?
2. Identify the target population: Define the demographic or group of
individuals you will study. Consider factors such as age, gender, location,
etc.

3. Choose methodologies: Determine the research methods and

techniques you will use to collect and analyze data. Will you conduct
surveys, interviews, experiments, or use existing datasets?

4. Set boundaries: Define the scope of your study by specifying what will
be included and excluded. Consider factors such as time frame,
geographic location, and disciplinary focus.

5. Consider limitations: Identify any potential constraints or limitations

that may impact your research, such as resource constraints, ethical
considerations, or methodological challenges.

6. Justify your approach: Provide a rationale for why you have chosen a
particular scope and methodology for your field work. Explain how your
approach will contribute to addressing the research question and
advancing knowledge in the field.

By following these steps, you can conduct a thorough literature review

and define the scope of your field work effectively, laying the groundwork
for a successful research project.
The scope of the field report on the accounting section of the company
encompasses a comprehensive examination of its functions and practices.
This includes a detailed overview of the accounting department's role
within the organization, focusing on financial reporting, audit processes,
managerial accounting practices, and the integration of technology. The
report will assess the effectiveness and efficiency of the company's
accounting operations, identifying key challenges and opportunities, such
as regulatory compliance and technological advancements.
Recommendations will be provided to improve the performance and
effectiveness of the accounting section, addressing any identified
weaknesses and areas for enhancement. Overall, the field report aims to
provide valuable insights into the company's accounting practices and
contribute to informed decision-making and strategic planning.
 Company Profile
Name of the Company : Sanjay Techno Products Private Limited
About company: Tulja Plastic Private Limited, now known as Sanjay
Techno Products Private Limited, has a rich history in the manufacturing
industry. The company specializes in producing high-quality plastic
molding articles, catering to a wide range of industries. Founded in 1996,
STPPL has been a pioneer in the field, constantly striving to innovate and
improve its products. With its registered office situated in the bustling city
of Aurangabad, Maharashtra, the company has established itself as a
trusted and reliable name in the market. Its commitment to excellence
and customer satisfaction has earned it a loyal customer base and a
strong reputation in the industry.
*Company Registered Office Address
-PLOT NO. M-31, MIDC AREA, WALUJ, AURANGABAD MH 431136 IN

*Category
-Company limited by shares
*Company Age
-20.00 Years
*Company CIN
-U74999MH2004PTC145667
*Company Type
-Unlisted Private
*Directors
-Current : 3
*Incorporation Date & Year
-13-4-2004
*Paid up Capital
-₹ 1,59,40,260.00
*Company Status
-Active
*Open Charges
-₹ 19,52,00,000.00 ( 6 Charges)
DIRECTORS - SANJAY TECHNO PRODUCTS PRIVATE LIMITED

The company has 3 directors and no reported key management

personnel.

The longest serving directors currently on board are Prasad Laxmikant

Kokil and Sudhir Shiradkar Vasantrao who were appointed on 31 March,
2011. They have been on the board for more than 13 years. The most
recently appointed director is Sunil Pathak Madhukar, who was appointed
on 27 January, 2015.

Prasad Laxmikant Kokil has the largest number of other directorships with
a seat at a total of 10 companies. In total, the company is connected to 13
other companies through its directors.

31 March, 2011
PRASAD LAXMIKANT KOKIL
Director
31 March, 2011

SUDHIR SHIRADKAR VASANTRAO

Director
27 January, 2015

SUNIL PATHAK MADHUKAR

Director
 Sanjay Techno Products Private Limited loan details
Charges taken from banks & financial institutes
Amount in (₹)
Crore

Open charges

 Sidbi Charges : 9 Crores

 Small Industries Development Bank Of India Charges : 3 Crores

Total Open Charges ₹ 12.75 crore

Total Satisfied ₹ 0.38 crore
Charges
Total No. of 5
Lender(s)
Top Lender Sidbi
Last Charge Activity Modification
Last Charge Date 24 Mar 2022
Last Charge Amount ₹ 5.00 cr
CHARGES ON ASSETS - SANJAY TECHNO PRODUCTS PRIVATE

LIMITED

DATE OF
CHARGE MODIFIE
CREATION/ AMOUNT CHARGE HOLDER
ID D
MODIFICATION

100438823 24 March, 2022 YES 5.00 cr SIDBI

21 December,
100514625 NO 72.00 lac SIDBI
2021

100337276 12 August, 2020 YES 48.00 lac SIDBI

100330989 16 March, 2020 NO 77.00 lac SIDBI

10258621 18 July, 2019 YES 2.50 cr SIDBI

SMALL
INDUSTRIES
10439895 25 July, 2013 NO 77.00 lac
DEVELOPMENT
BANK OF INDIA

SMALL
INDUSTRIES
10411246 06 May, 2013 YES 76.00 lac
DEVELOPMENT
BANK OF INDIA

SMALL
13 September,
90158557 YES 1.75 cr INDUSTRIES
2010
DEVELOPMENT
Product & Service:
product range includes a wide range of Bike Headlight, Head Light,
Air Filter Components, Switch And Electrical Parts, Switch And
Electrical parts and Break System Parts.

Sanjay Techno Products Private Limited is an unlisted private company

incorporated on 11 September, 1996. It is classified as a private limited
company and is located in , Maharashtra. It's authorized share capital is
INR 2.00 cr and the total paid-up capital is INR 1.85 cr.
Sanjay Techno Products's operating revenues range is INR 1 cr - 100
cr for the financial year ending on 31 March, 2022. It's EBITDA has
decreased by -19.27 % over the previous year. At the same time, it's book
networth has increased by 2.41 %..
Description: This company manufactures and markets gears and precision
machinery parts
Products & Services: chain sprockets, spur and helical gears, and gear
boxes
Category: Manufacturer
The current status of Sanjay Techno Products Private Limited is - Active.
The last reported AGM (Annual General Meeting) of Sanjay Techno
Products Private Limited, per our records, was held on 30 September,
2022.
Sanjay Techno Products Private Limited has three directors - Sunil Pathak
Madhukar, Prasad Laxmikant Kokil, and others.
The Corporate Identification Number (CIN) of Sanjay Techno Products
Private Limited is U25200MH1996PTC102507. The registered office of
 Sanjay Techno Products Private Limited is at PLOT NO. K-151, MIDC AREA,
WALUJ AURANGABAD , Maharashtra.

FINANCIAL REPORT - SANJAY TECHNO PRODUCTS PRIVATE LIMITED

Here is a summary of financial information of SANJAY TECHNO PRODUCTS

PRIVATE LIMITED for the financial year ending on 31 March, 2022.

 Revenue / turnover of SANJAY TECHNO PRODUCTS PRIVATE LIMITED is

INR 1 cr - 100 cr
 Net worth of the company has increased by 2.41 %
 EBITDA of the company has decreased by -19.27 %
 Total assets of the company has increased by 17.33 %
 Liabilities of the company has increased by 15.82 %

For a detailed balance sheet:

Operating Revenue INR 1 cr - 100 cr

EBITDA -19.27 %

Networth 2.41 %

Debt/Equity Ratio 1.02

Return on Equity 2.35 %

Total Assets 17.33 %

Fixed Assets -5.09 %

Current Assets -1.31 %

Current Liabilities 15.82 %

Trade Receivables -3.44 %

Trade Payables 3.94 %

Current Ratio 1.21

Connected Companies:

CONNECTED COMPANIES

NUMBER OF
PAID UP
NAME COMMON STATE
CAPITAL
DIRECTOR

ECO SENSE APPLIANCES PRIVATE Maharashtr

3 40.00 lac
LIMITED a

Maharashtr
SANJAY TECHNO PLAST PRIVATE LIMITED 3 1.59 cr
a

Maharashtr
RYTNOW SYSTEMS PRIVATE LIMITED 2 1.00 lac
a

SANJAY KAIZEN INDUSTRIES PRIVATE Maharashtr

1 1.00 lac
LIMITED a

Maharashtr
KAIZEN PLASTOMOULD PRIVATE LIMITED 1 21.00 lac
a
 NUMBER OF
PAID UP
NAME COMMON STATE
CAPITAL
DIRECTOR

MARATHWADA ENVIRONMENTAL CARE Maharashtr

1 0.00
CLUSTER a

INDIAN INTERNET SOLUTIONS PRIVATE Maharashtr

1 20.00 lac
LIMITED a

SARASWATI BHUVAN ALUMNI Maharashtr

1 1.20 lac
ASSOCIATION a

MARATHWADA ACCELERATOR FOR Maharashtr

1 5.50 lac
GROWTH AND INCUBATION COUNCIL a

MAGIC ANGELS NETWORK PRIVATE Maharashtr

1 6.00 lac
LIMITED a

Maharashtr
MARATHWADA AUTO CLUSTER 1 61.02 lac
a

Maharashtr
KAMP ENERGY SOLUTIONS LLP 1 1.00 lac
a

Maharashtr
WANIJYAM TRADING LLP 1 1.00 lac
a

SUBSIDIARY COMPANIES:
SUBSIDIARY COMPANIES

NAME STATE INCORPORATION YEAR PAID UP CAPITAL

RYTNOW SYSTEMS PRIVATE LIMITED Maharashtra 2015 1.00 lac

Research Method

Research
Methods

Data
Field Visit
Collection
Method
Method

Research methods refer to the systematic procedures or techniques used

to conduct research and gather information in order to answer a research
question or address a specific problem. These methods help researchers
collect, analyze, interpret, and present data in a structured and reliable
manner. The choice of research methods depends on various factors,
including the nature of the research question, the type of data needed,
available resources, and ethical considerations.

There are several common research methods used across different

disciplines:

1. Quantitative Research: This method involves the collection and

analysis of numerical data to quantify relationships, patterns, or trends. It
typically employs statistical techniques to analyze data and draw
conclusions. Examples include surveys, experiments, and statistical
analysis of existing data sets.

2. Qualitative Research: Qualitative research focuses on exploring and

understanding phenomena in-depth, often through non-numerical data
such as words, images, or observations. It aims to uncover meanings,
perceptions, and experiences. Methods include interviews, focus groups,
observations, and content analysis.

3. Mixed-Methods Research: This approach combines both quantitative

and qualitative research methods within a single study. Researchers use
mixed-methods to gain a more comprehensive understanding of a
research problem by triangulating data from different sources and
perspectives.

4. Experimental Research: Experimental research involves manipulating

one or more variables to observe the effect on another variable while
controlling for extraneous factors. It is commonly used in controlled
laboratory settings to establish cause-and-effect relationships.
5. Survey Research: Surveys are used to collect data from a sample of
individuals about their opinions, attitudes, behaviors, or characteristics.
Surveys can be conducted through various methods, including online
questionnaires, telephone interviews, or face-to-face interviews.

6. Case Study Research: Case studies involve in-depth analysis of a single

individual, group, organization, or event. Researchers gather rich, detailed
data through various sources such as interviews, observations,
documents, and archival records to explore specific phenomena within
their natural context.

7. Action Research: Action research involves collaboration between

researchers and practitioners to address practical problems or improve
practices in real-world settings. It emphasizes reflection, participation,
and iterative cycles of planning, action, observation, and reflection.

These are just a few examples of research methods, and researchers

often combine and adapt methods to suit the unique requirements of
their research projects. The selection of appropriate research methods is
critical for ensuring the validity, reliability, and ethical integrity of the
research findings.

Field visit method:

Field visit method, also known as field research or fieldwork, is a research
method that involves gathering data directly from the field or natural
environment where the phenomenon of interest occurs. It is commonly
used in various disciplines such as anthropology, sociology, geography,
environmental science, and ecology, among others. Field visits enable
researchers to observe, interact with, and collect data from real-world
settings, providing rich and contextually relevant information. Here's an
overview of the field visit method:

1. Purpose: Field visits are conducted to investigate and understand

phenomena in their natural context, gather empirical data, and gain
insights that may not be possible through other research methods.

2. Data Collection Techniques: During field visits, researchers employ

various data collection techniques, including:

Observation: Researchers observe and document behaviors,

interactions, and events in the field. This can involve structured,
unstructured, or participant observation.

Interviews: Researchers conduct interviews with individuals or groups

to gather firsthand information, perspectives, and experiences related to
the research topic.

Surveys: Surveys may be administered in the field to collect quantitative

data on attitudes, opinions, or behaviors of individuals or communities.

Documentary Analysis: Researchers may collect and analyze

documents, records, or artifacts relevant to the research topic, such as
historical documents, organizational reports, or archival materials.
3. Fieldwork Planning: Before conducting field visits, researchers typically
engage in careful planning, including defining research objectives,
selecting research sites, identifying key informants or participants, and
developing data collection instruments.

4. Ethical Considerations: Researchers must adhere to ethical principles

when conducting field visits, including obtaining informed consent from
participants, ensuring confidentiality and anonymity, minimizing harm,
and respecting cultural sensitivities and local customs.

5. Data Analysis: Data collected during field visits are analyzed using
qualitative, quantitative, or mixed-methods approaches, depending on
the research objectives and data collected. Analysis may involve coding
qualitative data, statistical analysis of quantitative data, or thematic
analysis of textual data.

6. Reporting Findings: The findings from field visits are typically reported
in research reports, academic papers, or presentations. Researchers
provide detailed descriptions of the fieldwork process, data collected,
analysis methods, and interpretations of findings.

Field visits offer several advantages, including the opportunity to study

phenomena in real-world settings, gather rich and contextually relevant
data, and build rapport with participants. However, fieldwork can also
present challenges, such as logistical constraints, ethical dilemmas, and
the need for flexibility and adaptability in dynamic field environments.

Data collection method:

Data collection methods refer to the techniques or procedures used to
gather data for research purposes. The choice of data collection method
depends on various factors, including the research objectives, research
questions, the nature of the phenomenon under investigation, available
resources, and ethical considerations. Here are some common data
collection methods:

1. Surveys: Surveys involve the collection of data from a sample of

individuals through standardized questionnaires or interviews. Surveys
can be conducted in various formats, including online surveys, paper-
based surveys, telephone interviews, or face-to-face interviews.

2. Interviews: Interviews involve one-on-one or group interactions with

participants to gather in-depth information, insights, and perspectives on
the research topic. Interviews can be structured, semi-structured, or
unstructured, depending on the degree of flexibility in questioning.

3. Observation: Observation involves systematically watching and

recording behaviors, interactions, or events in real-world settings.
Researchers can conduct structured observations with predefined criteria
or unstructured observations to capture spontaneous behaviors.

4. Experiments: Experiments involve manipulating one or more variables

to observe the effect on another variable while controlling for extraneous
factors. Experimental designs are commonly used in laboratory settings to
establish cause-and-effect relationships.
5. Case Studies: Case studies involve in-depth analysis of a single
individual, group, organization, or event. Researchers gather rich, detailed
data through various sources such as interviews, observations,
documents, and archival records to explore specific phenomena within
their natural context.

6. Document Analysis: Document analysis involves collecting and

analyzing documents, records, or artifacts relevant to the research topic.
This can include textual analysis of written documents, content analysis of
media sources, or archival research in historical records.

7. Focus Groups: Focus groups involve moderated discussions with a

small group of participants to explore their attitudes, opinions, beliefs, or
experiences related to the research topic. Focus groups encourage
interaction and group dynamics, allowing researchers to capture diverse
perspectives.

8. Ethnography: Ethnography involves immersive, long-term fieldwork in

a particular cultural or social setting to understand the behaviors, beliefs,
and practices of individuals or groups within that context. Ethnographic
methods include participant observation, interviews, and documentary
analysis.

9. Secondary Data Analysis: Secondary data analysis involves using

existing data sources, such as government surveys, census data, or
organizational records, to address research questions. Researchers
analyze and interpret secondary data to generate new insights or validate
findings from primary research.
Each data collection method has its advantages and limitations, and
researchers often use a combination of methods to triangulate data and
enhance the validity and reliability of their findings. The selection of
appropriate data collection methods depends on the research goals, the
nature of the research topic, and practical considerations such as time,
budget, and access to participants or data sources.

Importance of data collection of data of field report:

The importance of data collection for a field report cannot be overstated,
as it serves as the foundation for generating insights, making informed
decisions, and addressing research objectives. Here are several reasons
why data collection is crucial for a field report:

1. Provides Empirical Evidence: Data collection allows researchers to

gather empirical evidence directly from the field, providing tangible
support for observations, claims, or hypotheses. This evidence lends
credibility to the findings and conclusions presented in the field report.

2. Captures Real-World Context: Field data collection enables researchers

to capture the real-world context in which phenomena occur. By
observing and interacting with participants in their natural environment,
researchers can gain a nuanced understanding of behaviors, practices,
and interactions that may not be apparent in controlled settings.
3. Supports In-Depth Analysis: Field data collection provides rich,
detailed information that supports in-depth analysis and interpretation.
By collecting a variety of data types, such as qualitative interviews,
observational notes, and quantitative surveys, researchers can explore
complex issues from multiple perspectives and uncover underlying
patterns or themes.

4. Allows for Triangulation: Triangulation involves using multiple data

sources or methods to validate findings and enhance the reliability of
conclusions. By collecting data through different approaches, such as
interviews, observations, and document analysis, researchers can
triangulate data to corroborate findings and mitigate the limitations of
any single method.

5. Facilitates Participant Engagement: Engaging with participants during

data collection fosters rapport, trust, and collaboration. This can lead to
more candid and insightful responses, as participants feel comfortable
sharing their perspectives and experiences with the researcher.

6. Supports Evidence-Based Decision Making: Field data collection

provides the evidence needed to inform decision-making processes.
Whether the field report is intended for organizational planning, policy
development, or academic research, robust data collection ensures that
decisions are based on sound empirical evidence rather than assumptions
or speculation.

7. Identifies Opportunities and Challenges: Data collection in the field

allows researchers to identify opportunities, challenges, and areas for
 improvement. By documenting observations, conducting interviews, and
analyzing data, researchers can identify patterns, trends, and emerging
issues that may inform future actions or interventions.

8. Contributes to Knowledge Generation: Field data collection

contributes to the generation of new knowledge and insights in a
particular field or discipline. By documenting phenomena, collecting data,
and analyzing findings, researchers advance understanding and
contribute to the body of knowledge on a given topic.

Overall, effective data collection is essential for producing high-quality

field reports that are informative, credible, and relevant to stakeholders.
By rigorously collecting and analyzing data from the field, researchers can
generate meaningful insights, drive evidence-based decision making, and
contribute to positive change in various contexts.

Objectives of study of filed data collected:

The objectives of studying the field data collected in a research project
can vary depending on the specific research goals, but here are some
common objectives:

1. To Understand Phenomena: One of the primary objectives of studying

field data is to gain a deeper understanding of the phenomena under
investigation. By analyzing the collected data, researchers aim to identify
patterns, relationships, and underlying factors that contribute to the
phenomenon being studied.
2. To Test Hypotheses: If the research involves testing hypotheses or
research questions, studying the field data allows researchers to evaluate
the validity of their hypotheses and draw conclusions based on empirical
evidence.
3. To Identify Trends and Patterns: Field data analysis helps researchers
identify trends, patterns, and variations within the dataset. This can
provide valuable insights into the dynamics of the phenomenon over time
or across different contexts.
4. To Validate Findings: By comparing and contrasting different sources of
data, researchers can validate their findings and ensure the reliability and
credibility of their conclusions. This process of data triangulation helps to
strengthen the overall validity of the research.
5. To Generate New Insights: Studying field data often leads to the
generation of new insights and perspectives on the research topic.
Researchers may discover unexpected findings or relationships that
prompt further investigation and contribute to the advancement of
knowledge in the field.
6. To Inform Decision Making: Field data analysis provides evidence and
information that can inform decision-making processes in various
contexts. Whether the research is conducted for academic purposes,
organizational planning, or policy development, the insights gained from
studying field data can guide informed decision making.
7. To Identify Implications and Recommendations: By studying the field
data, researchers can identify implications and practical
recommendations based on their findings. These recommendations may
be aimed at addressing existing challenges, capitalizing on opportunities,
or informing future actions or interventions.
8. To Contribute to the Literature: Finally, studying field data allows
researchers to contribute to the existing body of literature on the
research topic. By disseminating their findings through publications,
presentations, or reports, researchers can share their insights and
findings with the broader academic and professional community.

Overall, studying field data collected in a research project serves multiple

objectives, including understanding phenomena, testing hypotheses,
identifying trends, validating findings, generating insights, informing
decision making, and contributing to the advancement of knowledge in
the field.
 Needs of filed reportdata collection:
The needs of field report data collection are crucial for various reasons,
which can be summarized as follows:

1. Contextual Understanding: Field data collection provides an opportunity

to gather information in the natural environment where the phenomenon
of interest occurs. This allows researchers to gain a contextual
understanding of the subject matter, including its complexities, nuances,
and real-world implications.
2. Accuracy and Reliability: By collecting data directly from the field,
researchers can ensure the accuracy and reliability of the information
obtained. Field observations, interviews, and other data collection
methods provide firsthand accounts and minimize the risk of
misinterpretation or bias.
3. Insight Generation: Field data collection enables researchers to generate
new insights, perspectives, and discoveries about the research topic. By
immersing themselves in the field environment and engaging with
participants, researchers can uncover hidden patterns, trends, and
relationships that may not be apparent through other means.
4. Evidence-Based Decision Making: Field data serves as the empirical
foundation for evidence-based decision making. Whether the field report
is intended for organizational planning, policy development, or academic
research, robust data collection ensures that decisions are grounded in
sound empirical evidence rather than assumptions or conjecture.
5. Validation of Hypotheses: Field data collection allows researchers to test
hypotheses, validate theories, and draw evidence-based conclusions. By
collecting data from the field and analyzing it rigorously, researchers can
evaluate the validity of their hypotheses and make informed judgments
about the phenomena under investigation.
6. Identification of Challenges and Opportunities: Field data collection
helps researchers identify challenges, opportunities, and areas for
improvement within the research context. By documenting observations,
 gathering feedback from stakeholders, and analyzing data, researchers
can pinpoint areas that require attention and develop targeted
interventions or solutions.
7. Enhanced Stakeholder Engagement: Engaging with stakeholders during
field data collection fosters collaboration, trust, and mutual
understanding. By involving key stakeholders in the research process,
researchers can ensure that their perspectives are heard and that the
findings of the field report are relevant and actionable.
8. Contribution to Knowledge Development: Field data collection
contributes to the advancement of knowledge in a particular field or
discipline. By documenting phenomena, collecting data, and analyzing
findings, researchers expand the body of knowledge on the research topic
and contribute to the broader academic and professional discourse.

In summary, the needs of field report data collection are multifaceted and
encompass the generation of contextual understanding, accuracy and
reliability of data, insight generation, evidence-based decision making,
hypothesis validation, identification of challenges and opportunities,
enhanced stakeholder engagement, and contribution to knowledge
development. These needs underscore the importance of rigorous and
systematic data collection in field research.
Scope of filed report data collected:
The scope of a field report based on the data collected can vary
depending on the research objectives, the nature of the study, and the
specific context. However, the scope generally encompasses the following
aspects:

1. Description of Research Context: The field report should provide a

detailed description of the research context, including the setting,
participants, and relevant background information. This sets the stage for
understanding the data collected and its implications.
2. Data Collection Methods: The report should outline the methods used to
collect data in the field, including any instruments, tools, or protocols
 employed. This ensures transparency and allows readers to assess the
validity and reliability of the data.
3. Presentation of Findings: The main body of the report should present the
findings derived from the collected data. This may include descriptive
statistics, thematic analysis, or other relevant methods of data analysis.
Findings should be organized logically and presented in a clear and
concise manner.
4. Analysis and Interpretation: The report should analyze and interpret the
findings in light of the research objectives and theoretical framework. This
involves identifying patterns, trends, relationships, and implications
arising from the data, and drawing conclusions based on evidence.
5. Discussion of Key Themes: The report should discuss key themes or
topics that emerged from the data analysis. This may include insights,
challenges, opportunities, and areas for further exploration. The
discussion should be insightful and provide a deeper understanding of the
research topic.
6. Comparison with Existing Literature: Where relevant, the report should
compare the findings with existing literature or theoretical frameworks.
This helps to situate the study within the broader context of existing
knowledge and identify contributions to the field.
7. Recommendations and Implications: Based on the findings, the report
should offer recommendations for practice, policy, or further research.
These recommendations should be evidence-based and address practical
implications arising from the study.
8. Limitations and Future Directions: The report should acknowledge any
limitations or constraints encountered during data collection and analysis.
This includes discussing potential biases, methodological limitations, or
challenges faced in the field. Suggestions for future research directions
may also be included.
9. Conclusion: The report should conclude with a summary of the main
findings, implications, and contributions to knowledge. This provides
closure to the study and highlights its significance in advancing
understanding of the research topic.
 Overall, the scope of a field report based on the collected data is
comprehensive, encompassing description, analysis, interpretation,
discussion, comparison, recommendations, and conclusions. It should
provide a thorough and insightful exploration of the research topic,
grounded in empirical evidence derived from the field.

Limitations of field report:

Field reports are valuable tools for gathering firsthand information in real-
world settings, but they also come with certain limitations that
researchers should consider:

1. Subjectivity: Field reports may be influenced by the researcher's

subjective interpretations, biases, and perspectives. Different researchers
may observe and interpret the same phenomena differently, leading to
potential variations in the reported findings.
2. Limited Scope: Field reports often focus on specific locations,
populations, or time periods, which may limit the generalizability of
findings to broader contexts. The findings may not be applicable beyond
the specific circumstances of the study.
3. Sampling Bias: Field reports may use non-random sampling methods,
such as convenience sampling or purposive sampling, which can introduce
bias into the data. Participants who volunteer to participate may not be
representative of the broader population, leading to skewed results.
4. Observer Effect: The presence of researchers or observers in the field
may influence the behavior of participants, leading to changes in their
natural behavior. This can affect the validity of observations and
compromise the integrity of the data collected.
5. Ethical Concerns: Conducting research in the field raises ethical
considerations, such as obtaining informed consent from participants,
 ensuring confidentiality, and minimizing harm. Failure to address ethical
concerns can undermine the credibility and validity of the field report.
6. Data Quality Issues: Field data collection may be prone to errors,
inconsistencies, or missing data due to various factors such as human
error, environmental conditions, or technical issues. Ensuring data quality
requires careful planning, training, and monitoring throughout the data
collection process.
7. Resource Constraints: Field research often requires significant resources
in terms of time, funding, and personnel. Limited resources may constrain
the scope or scale of data collection efforts, affecting the
comprehensiveness and depth of the study.
8. Logistical Challenges: Field research may face logistical challenges such as
access to research sites, transportation, communication, and safety
concerns. These challenges can impact the feasibility and efficiency of
data collection efforts.
9. Validity Threats: Various threats to validity, such as selection bias,
maturation, or history, can compromise the validity of findings in field
research. Researchers need to carefully consider and address potential
validity threats to ensure the robustness of their conclusions.

Despite these limitations, field reports remain valuable sources of

information that provide insights into real-world phenomena.
Researchers should acknowledge and address these limitations to
enhance the credibility and reliability of their findings.
 Significance of field report:

Field reports hold significant importance in various contexts due to their

ability to provide firsthand information, insights, and observations about
real-world phenomena. Here are some key aspects highlighting the
significance of field reports:

1. Accurate and Contextual Information: Field reports offer accurate and

contextual information gathered directly from the field, providing
researchers, policymakers, and practitioners with a deeper understanding
of the subject matter. This information is valuable for making informed
decisions, planning interventions, and addressing real-world challenges.
2. Insight into Complex Systems: Field reports often focus on studying
complex systems, such as ecosystems, communities, organizations, or
social structures. By immersing researchers in the field environment,
these reports enable them to observe and analyze the intricate dynamics,
interactions, and relationships within these systems, leading to a better
understanding of their functioning and behavior.
3. Identification of Patterns and Trends: Field reports facilitate the
identification of patterns, trends, and phenomena that may not be
apparent through other research methods. By collecting data directly
from the field, researchers can uncover hidden insights, emerging issues,
and recurring patterns, which can inform future actions, policies, or
interventions.
4. Validation of Theories and Hypotheses: Field reports provide empirical
evidence that can be used to validate or refine existing theories and
hypotheses. By testing theoretical frameworks in real-world contexts,
researchers can assess their applicability, reliability, and predictive power,
contributing to the advancement of knowledge in their respective fields.
5. Support for Evidence-Based Decision Making: Field reports serve as
valuable sources of evidence for decision making in various domains,
including public policy, healthcare, environmental management, and
business strategy. Decision makers rely on field reports to assess the
effectiveness of interventions, evaluate program outcomes, and identify
areas for improvement based on empirical evidence.
6. Catalyst for Change: Field reports often highlight challenges, disparities,
and opportunities within communities or organizations, stimulating
discussions and actions aimed at driving positive change. By documenting
and disseminating field findings, researchers can raise awareness,
mobilize stakeholders, and advocate for policies or interventions that
address pressing issues and promote social, economic, or environmental
sustainability.
7. Documentation of Cultural and Historical Contexts: Field reports play a
vital role in documenting cultural practices, traditions, and historical
events within specific communities or regions. They preserve valuable
knowledge, traditions, and heritage for future generations, contributing
to cultural preservation, identity, and understanding.
8. Contribution to Knowledge Creation: Field reports contribute to the
creation and dissemination of knowledge in various academic disciplines
and professional fields. They provide researchers with empirical data,
case studies, and insights that can be used to generate new theories,
develop innovative solutions, and inform future research agendas.

Overall, field reports offer a multifaceted perspective on real-world

phenomena, combining empirical evidence, contextual insights, and
practical implications. Their significance lies in their ability to inform
decision making, drive positive change, advance knowledge, and
contribute to the betterment of society.
 Tools & Techniques of study of filed report data collected:
The study of field report data collected involves various tools and
techniques for analysis, interpretation, and presentation of findings. Here
are some common tools and techniques used in this process:

1. Data Coding and Categorization: Researchers use coding techniques to

organize and categorize qualitative data collected from field reports. This
involves assigning labels or codes to segments of data based on themes,
concepts, or patterns identified during analysis. Software tools like NVivo,
ATLAS.ti, or MAXQDA are often used to facilitate coding and analysis.
2. Thematic Analysis: Thematic analysis is a qualitative analysis technique
used to identify, analyze, and interpret patterns or themes within
qualitative data. Researchers systematically code and categorize data
based on recurring themes, concepts, or ideas, and then explore
relationships and connections between themes to generate insights.
Thematic analysis can be conducted manually or with the assistance of
qualitative analysis software.
3. Quantitative Analysis: For quantitative data collected in field reports,
researchers use statistical analysis techniques to explore relationships,
patterns, and trends within the data. This may include descriptive
statistics, inferential statistics (e.g., t-tests, ANOVA), correlation analysis,
regression analysis, or factor analysis, depending on the research
questions and data characteristics.
4. Data Visualization: Data visualization techniques are used to present
findings from field report data in a visual format, such as charts, graphs,
maps, or diagrams. Data visualization enhances the clarity, accessibility,
 and interpretability of findings, allowing researchers to communicate
complex information more effectively to stakeholders.
5. Narrative Analysis: Narrative analysis involves the systematic
examination of narratives, stories, or qualitative data collected in field
reports. Researchers analyze the structure, content, and meaning of
narratives to uncover underlying themes, discourses, or perspectives
within the data. Narrative analysis can provide rich insights into
individuals' experiences, beliefs, and perceptions.
6. Content Analysis: Content analysis is a systematic method used to
analyze textual or visual data collected in field reports. Researchers
examine the content of documents, transcripts, or other sources to
identify recurring themes, patterns, or trends. Content analysis may
involve coding, categorization, and interpretation of textual or visual data
to extract meaningful insights.
7. Mixed-Methods Analysis: In studies that use both qualitative and
quantitative data, researchers employ mixed-methods analysis
techniques to integrate and analyze data from multiple sources. This may
involve triangulation, where findings from different methods are
compared and contrasted to validate or complement each other, or data
transformation techniques to integrate qualitative and quantitative data
for comprehensive analysis.
8. Interpretive Frameworks: Researchers may apply theoretical or
conceptual frameworks to guide the interpretation and analysis of field
report data. These frameworks provide a lens through which researchers
can interpret findings, make connections to existing theories or concepts,
and generate new insights.
9. Peer Review and Validation: Peer review is an important process in the
analysis of field report data, where findings are reviewed by other
researchers or experts in the field for validity, reliability, and credibility.
Peer review ensures the rigor and quality of the analysis and enhances
the trustworthiness of the findings.
10. Qualitative Data Management: Effective management of qualitative
data is essential for organizing, storing, and retrieving data collected in
field reports. Researchers use qualitative data management software or
databases to store, code, and manage qualitative data efficiently,
facilitating analysis and interpretation.

These tools and techniques are employed by researchers to analyze,

interpret, and derive meaningful insights from field report data,
ultimately contributing to the generation of knowledge and the
advancement of research in various disciplines.

Data Analysis & SWOT Analysis

Balance Sheet:
A balance sheet is a financial statement that provides a snapshot of a
company's financial position at a specific point in time. It presents the
company's assets, liabilities, and shareholders' equity, showing how
assets are financed either through borrowing (liabilities) or ownership
(shareholders' equity). The balance sheet follows the accounting
equation:

Assets = Liabilities + Shareholders' Equity

Here's a brief explanation of each component of the balance sheet:

1. Assets: Assets are resources owned by the company that have

economic value and are expected to provide future benefits. They are
typically categorized into current assets and non-current assets. Current
assets include cash, accounts receivable, inventory, and short-term
investments, while non-current assets include property, plant,
equipment, long-term investments, and intangible assets such as patents
and goodwill.

2. Liabilities: Liabilities represent the company's obligations or debts that

must be settled in the future. Like assets, liabilities are also divided into
current liabilities and non-current liabilities. Current liabilities include
accounts payable, short-term loans, and accrued expenses, while non-
current liabilities include long-term debt, deferred tax liabilities, and
pension obligations.

3. Shareholders' Equity: Shareholders' equity, also known as net worth or

equity capital, represents the residual interest in the company's assets
after deducting its liabilities. It consists of two main components:
contributed capital (common stock, preferred stock) and retained
earnings. Contributed capital reflects the amount invested by
shareholders in exchange for ownership shares, while retained earnings
represent the accumulated profits or losses retained by the company over
time.

The balance sheet provides valuable information about a company's

financial health, liquidity, solvency, and overall performance. Investors,
creditors, analysts, and other stakeholders use the balance sheet to
assess the company's ability to meet its short-term and long-term
obligations, evaluate its financial stability, and make informed investment
or lending decisions. Additionally, the balance sheet is an essential
component of a company's financial reporting package, along with the
income statement and cash flow statement, providing a comprehensive
view of its financial position and performance.
Statement of Profit & Loss:

A Statement of Profit and Loss, also known as an Income Statement, is a

financial statement that summarizes the revenues, costs, and expenses
incurred during a specific period, usually a fiscal quarter or year. It shows
whether a company is making a profit or incurring losses during that
period. Here's a typical structure:

Revenue: This section includes all the income generated by the company
from its primary activities. It can include sales revenue, service revenue,
interest income, etc.
Cost of Goods Sold (COGS): This section includes all the direct costs
associated with producing the goods or services sold by the company. It
includes raw materials, labor costs, manufacturing overhead, etc.
Gross Profit: Gross profit is calculated by subtracting the COGS from the
total revenue. It represents the profit before deducting operating
expenses and other expenses.
Operating Expenses: These are the expenses incurred in running the day-
to-day operations of the business. It includes items such as salaries, rent,
utilities, marketing expenses, administrative expenses, etc.
Operating Income (or Loss): Operating income is calculated by
subtracting the operating expenses from the gross profit. It represents
the profit or loss generated from the company's core business operations.
Non-Operating Income (or Loss): This section includes income or
expenses that are not directly related to the core business operations. It
can include interest income, interest expenses, gains or losses from
investments, etc.
Net Income (or Loss): Net income is the final line of the income
statement and represents the total profit or loss generated by the
company during the period after considering all revenue, expenses, gains,
and losses.

The statement of profit and loss provides valuable insights into the
financial performance of a company and is essential for investors,
creditors, and other stakeholders to assess its profitability and financial
health.
 Sanjay Techno Plast Private Limited

(CIN : U74999MH2004PTC145667)

Plot No M-31, MIDC Area, Waluj, Aurangabad

Balance Sheet as at 31st March, 2023

Sr Partiulars Note As On 31.03.2023 As On 31.03.2022
No No

I. Equity and Liabilities

1) Shareholders' Funds
a) Share Capital 1 1,59,402.60 1,59,402.60
b) Reserves & Surplus 2 8,12,776.94 6,61,198.53
c) Money received against share warrants
2) Share Application Money Pending Allotment - -
3) Non Current Liabilities - -
a) Long -Term Borrowings 3 1,52,549.22 2,11,135.29
b) Deferred Tax Liabilities (Net) 4 56,599.02 78,943.55
c) Other Long -Term Liabilities - -
d) Long-Term Provisions 5 18,939.98 15,617.76
4) Current Liabilities
a) Short -Term Borrowings 6 1,88,177.54 2,79,771.34
b) Trade Payables 7
(i)Total outstanding dues of micro enterprises and 5,00,438.43 6,75,676.32
small enterprises; and
(ii)Total outstanding dues of creditors other than 9,80,059.66 14,94,068.63
micro enterprises and small enterprises.
c) Other Current Liabilities 8 867.70 37,068.33
d) Short- Term Provisions 9 3,24,989.39 2,01,350.21
TOTAL 31,94,800.48 38,14,232.56
II] Assets
1) Non -Current Assets
a) Property, Plant And Equipment And Intangible
Assets
i) Tangible Assets 10 11,59,852.19 10,77,387.19
ii) Intangible Assets 4,023.05 4,023.05
iii) Capital Work-In-Progress - -
iv) Intangible Assets under Development - -
b) Non- Current Investments - -
b) Deferred Tax Assets (Net) - -
c) Long -Term Loans & Advances 11 54,275.79 55,298.49
d) Other Non- Current Assets - -
2) Current Assets
a) Current Investments - -
 a) Inventories 12 4,26,095.63 5,64,252.65
b) Trade Receivables 13 13,30,381.84 17,61,024.61
c) Cash & Cash Equivalents 14 21,510.78 1,54,432.86
d) Short -Term Loans & Advances 15 1,30,309.15 1,95,107.12
e) Other Current Assets 16 68,352.17 2,706.70
TOTAL 31,94,800.48 38,14,232.56

(RS. In Hundreds)

Notes on Accounts & Significant Accounting Policies 1 to 25

The Notes referred to above form an integral part of the Balance Sheet.

Sanjay Techno Plast Private Limited

(CIN : U74999MH2004PTC145667)

Plot No M-31, MIDC Area, Waluj, Aurangabad

Statement of Profit and Loss for the Year ended on 31st March, 2023 (RS. In Hundreds)

For the For the year

Sr. Particulars Note
year
No No Ended
Ended
31.03.2023
31.03.2023
I] Revenue from Operations 17 93,52,901.31 74,18,284.48
II] Other Income 18 9,517.98 21,152.05
III] Total Income (I+II) 93,62,419.29 74,39,436.53

IV] Expenses
Cost of Materials Consumed 19 63,41,512.42 47,11,221.27
Employee Benefits Expense 20 6,27,874.62 5,36,207.19
Finance Costs 21 22,026.54 31,256.77
Depreciation & Amortization Expense 22 1,93,134.12 1,74,598.78
Other Expenses 23 19,84,213.58 18,15,360.44
Total Expenses 91,68,761.29 72,68,644.45
V] Profit Before Exceptional and Extraordinary 1,93,658.00 1,70,792.08
Items and
Tax (III-IV)
VI] Exceptional Items - -
VII] Profit Before Extraordinary Items and Tax (V-VI) 1,93,658.00 1,70,792.08
VIII] Extraordinary Items - -
IX] Profit Before Tax (VII-VIII) 1,93,658.00 1,70,792.08
X] Tax Expenses
1) Income Tax - -
2) Current Tax 64,424.12 17,394.11
3) Deferred Tax Charge/(Credit) (22,344.53) (20,796.78)
4) Minimum Alternate Tax Charge/(Credit) - 3,710.04
XI] Profit / (Loss) for the period from Continuing 1,51,578.41 1,70,484.71
Operations (IX-X)
XII] Profit / (Loss) for the period from - -
 Discontinuing
Operations
XIII] Tax Expenses of Discontinuing Operations - -
XIV] Profit / (Loss) for the period from - -
Discontinuing Operations (XII-XIII)
XV] Profit / (Loss) for the period (XI+XIV) 1,51,578.41 1,70,484.71
XVI] Earning Per Equity Share
1) Basic & Diluted 24 0.10 0.11

Sanjay Techno Plast Private Limited

(CIN : U74999MH2004PTC145667)

Plot No M-31, MIDC Area, Waluj, Aurangabad

Cash Flow Statement for the year 2022 – 23

Year ended Year ended

Sr. Part
31.03.2023 ( 31.03.2022 (
No. icul
ars Rs. ) Rs. )
A) Cash Flow from Trading Activities
Net Profit Before Tax 1,93,658.00 1,70,792.08
Adjustment For :
Depreciation 1,93,134.12 1,74,598.78
Interest & Financial Charges (Net) 22,026.54 31,256.77
Interest from Investments (561.70) (31.15)
Profit On Sale Of Property Plant & Equipment 45,051.56 (8,289.46)
Operating Profit before Working Capital Changes 4,53,308.53 3,68,327.02
Adjustment For :
Trade Receivables 4,30,642.77 (2,67,157.95)
Inventories 1,38,157.02 (39,769.29)
Short Term Loans and Advances 64,797.97 (77,345.72)
Trade Payables & Other Liabilities (5,98,486.09) 3,72,101.20
Short Term Borrowings (91,593.80) 16,157.13
Other Current Assets (65,645.47) 4,465.02
Cash Generated from Operations 3,31,180.93 3,76,777.40
Direct Taxes Paid (64,424.12) (21,104.15)
Net Cash Flow from Operating Activities 2,66,756.81 3,55,673.25

B) Cash Flow from Investing Activities

Movement in Property, Plant And Equipment (2,75,599.13) (1,05,472.58)
Interest from Investments 561.70 31.15
Loans and Advances Given 1,022.70 (1,550.00)
Profit On Sale Of Property Plant & Equipment (45,051.56) 8,289.46
Net Cash from Investing Activities (3,19,066.29) (98,701.97)
C) Cash Flow from Financing Activities
Increase (Decrease) in Long Term Borrowings (58,586.07) (1,09,586.87)
Increase (Decrease) in other Long term Liabilities - -
Interest & Financial Charges (Net) (22,026.54) (31,256.77)
Net Cash from Financing Activities (80,612.61) (1,40,843.64)

Net Increase (Decrease) in Cash & Cash Equivalents (1,32,922.08) 1,16,127.64

(A+B+C)
Cash & Cash Equivalents as at Beginning of the Year 1,54,432.86 38,305.11
Cash & Cash Equivalents as at End of the Year 21,510.78 1,54,432.86
(RS. In Hundreds)

Sanya Motors Private Limited

(CIN : U74999MH2004PTC145667)

Plot No M-31, MIDC Area, Waluj, Aurangabad

Sr. No. Particulars Mar-23 Mar-22 % Variance

1 Current Ratio 1.09 1.21 -9.96%

2 Debt Equity Ratio 0.63 0.45 40.00%

3 Debt Service Coverage Ratio 4.05 2.73 48.39%

4 Return on Equity 0.01 0.01 102.62%

5 Inventory turnover ratio 11.54 16.08 -28.25%

6 Trade Receivables turnover ratio 5.56 5.52 0.73%

7 Trade payables turnover ratio 1.51 1.70 -10.94%

8 Net Capital Turnover Ratio 8.15 8.16 -0.08%

9 Net Profit Ratio 0.58 0.29 100.36%

10 Return on Capital Employed 0.08 0.05 83.34%

11 Proprietary Ratio 0.25 0.31 -18.22%

12 Return on Investment 0.18 0.15 15.99%

 Conclusion
In concluding the field report on the accounting section of the company, it's
vital to encapsulate the key findings, insights, and recommendations derived
from the examination of its financial management practices.

Conclusion
Throughout the course of this field report project, a comprehensive analysis
of the accounting section of Sanya Motors Private Limited has been
conducted, shedding light on various facets of its financial management
practices. The following conclusions emerge:

1. Assessment of Financial Health:

- The examination of financial statements and accounting records reveals
Sanya Motors Private Limited's overall financial health, highlighting areas of
strength and areas warranting attention.
Assessment of Financial Health:

Sanya Motors Private Limited's financial health is robust, characterized by

consistent revenue growth, healthy profit margins, and strong liquidity.
Profitability metrics indicate a positive trend, supported by efficient cost
management and strategic revenue generation initiatives. Liquidity analysis
reveals ample cash reserves and a strong ability to meet short-term
obligations, providing resilience in volatile market conditions. Furthermore,
the company's stable financial position, marked by manageable debt levels
and favorable debt-to-equity ratios, instills confidence in investors and
creditors alike. Overall Sanya Motors Private Limited's demonstrates sound
financial health, positioning it well for sustained growth and resilience in the
competitive landscape.

2. Evaluation of Accounting Procedures:

 - Insights garnered from assessing accounting procedures indicate the
efficiency and effectiveness of the company's financial reporting processes

The evaluation of Sanya Motors Private Limited's accounting procedures

underscores a commitment to accuracy, timeliness, and compliance with
regulatory standards. Ledgers and journals are meticulously maintained,
ensuring the reliability of financial data, while internal controls effectively
safeguard assets and prevent fraud. The integration of technology enhances
efficiency and reduces the risk of errors, reflecting a forward-thinking
approach to financial management. Ongoing training initiatives ensure staff
proficiency in accounting standards and software applications, bolstering the
effectiveness of the accounting function. Overall, Sanya Motors Private
Limited's exhibits robust accounting procedures that support transparency,
regulatory compliance, and operational efficiency, laying a strong foundation
for financial integrity and sustainable growth.

3. Compliance and Regulatory Adherence:

- An evaluation of compliance with accounting standards and regulatory
requirements underscores Sanya Motors Private Limited's commitment to
transparency and accountability. However, there may be opportunities to
further enhance compliance measures in certain areas.

Sanya Motors Private Limited's demonstrates a strong commitment to

compliance with accounting standards and regulatory requirements, ensuring
transparency and accountability in its financial reporting practices. Through
adherence to generally accepted accounting principles (GAAP) or relevant
regulatory frameworks, the company upholds the integrity of its financial
statements, fostering trust among stakeholders. Internal controls are
rigorously implemented to mitigate risks and ensure compliance with legal
and ethical standards. Moreover, regular audits and reviews further validate
the company's commitment to regulatory adherence, providing assurance of
the reliability and accuracy of financial information. Overall Sanya Motors
Private Limited's maintains a proactive stance towards compliance,
safeguarding its reputation and maintaining investor confidence.

4. Internal Control Mechanisms:

- The analysis of internal control mechanisms reveals Sanya Motors Private
Limited's efforts to safeguard assets and mitigate risks.

Sanya Motors Private Limited's employs robust internal control mechanisms

to safeguard assets, prevent fraud, and ensure the accuracy of financial
reporting. These mechanisms encompass segregation of duties, authorization
procedures, and regular internal audits, which are rigorously implemented
across all levels of the organization. Clear policies and procedures govern
financial transactions, promoting transparency and accountability.
Additionally, technology is leveraged to automate controls and monitor
transactions in real-time, enhancing efficiency and reducing the risk of errors
or irregularities. By maintaining strong internal controls, Sanya Motors Private
Limited's mitigates operational risks and upholds the integrity of its financial
operations, instilling confidence among stakeholders and ensuring
compliance with regulatory requirements.

5. Potential Impact and Future Outlook:

- Implementation of the recommended measures is expected to yield
significant benefits, including [mention potential benefits]. Looking ahead,
continued vigilance and adaptability to evolving accounting standards and
industry trends will be imperative for sustained success.

The implementation of recommended measures is poised to have a profound

impact on Sanya Motors Private Limited's financial management practices,
operational efficiency, and long-term sustainability. By addressing identified
areas for improvement in accounting procedures, internal controls, and
regulatory compliance, the company can enhance transparency, accuracy,
and reliability in financial reporting. This, in turn, is expected to bolster
investor confidence, mitigate risks, and support informed decision-making.
Looking ahead, Sanya Motors Private Limited's is positioned to navigate
evolving market dynamics with agility and resilience, leveraging its
strengthened financial foundation to capitalize on growth opportunities and
achieve strategic objectives in a rapidly changing business environment.
 Suggestion
A suggestion to increase efficiency in the preparation inventory of the
company would be to implement automation and digitization initiatives.
Here's a detailed recommendation:

Implement Automation and Digitization Initiatives:

Introducing automation and digitization tools within the preparation

inventory can significantly enhance efficiency, streamline processes, and
reduce manual errors. Consider adopting accounting software that integrates
seamlessly with existing systems and offers features such as automated data
entry, reconciliation, and report generation. Additionally, leverage cloud-
based platforms for storing financial data, enabling remote access and
collaboration among team members. Implementing electronic invoicing and
payment processing systems can expedite transactions, minimize paperwork,
and improve cash flow management. Moreover, explore the use of artificial
intelligence and machine learning algorithms for predictive analytics and
fraud detection, enabling proactive decision-making and risk mitigation. By
embracing automation and digitization initiatives, Sanya Motors Private
Limited's can optimize resource utilization, improve productivity, and elevate
the overall performance of its preparation inventory.

Bibliography
1) Companies Financial Statement
2) Articles from Companies Magazine
3) Ministry of Corporate Affairs (Website)
4) Master data collected from the companies official website

Thank You