A

Project Report
ON
TRISHUL PUPM CASTING & BOILER PVT.LTD
SUBMITTED TO:
H.N. SHUKLA GROUP OF MANAGEMENT
IN PARTIAL FULFILLMENT OF THE
REQIREMENT OF THE AWARD FOR THE DEGREE OF
MASTER OF BUSINESS ADMINISTRATION
IN
GUJARAT TECHNOLOGICAL UNIVERSITY
UNDER THE GUIDANCE OF

FACULTY GUIDE: COMPANY GUIDE:

ASST. PROF.RAHUAL MR. BHARAT BHAI
(ASSISTANT PROFESSOR)
SUBMITTED BY: -
VISHVAKARMA JITENDRA K.
KESHARIYA KUNJ
BATCH 2016-2018
MBA SEMESTER-2

H.N. SHUKLA GROUP OF MANAGEMENT

MBA PROGRAMME
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 FACALTY SUBJECT

SUBJECT NAME FACALTY DEALING

COST MANAGEMENT ACCOUNT ASST.PROF.NAYAN THAKAR
FINANCIAL MANAGEMENT ASST.PROF.AYUB KHAN
HUMAN RESOURCE MANAGEMENT ASST.PROF. HETAL
MANAGEMENT INFORMATION ASST.PROF.BRIJESH PATEL
SYSTEM
MARKETING MANAGEMENT ASST.PROF.PARMAR
PRODUCTIONA AND OPERATION ASST.PROF. KRISHNA ZHAZMERIYA
MANAGEMNT
QUANTITATIVE ANALYSIS ASST.PROF.RAHUL CHAUHAN

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 DECLARATION

I, the undersigned VISHVAKARMA JITENDRA K., a student of

M.B.A., here by declare that the project work which is presented in this
report, is my own work. I have prepared this project report under the
supervision and guidance of ASST. PROF. RAHUL of H.N. SHUKLA
GROUP OF MANAGEMENT, Rajkot.

I feel very good to prepare this project report. This project report
was submitted to GUJARAT TECHNOLOGICAL UNIVERSITY by
preparing this project report, I got an opportunity of practical study.

- VISHVAKARMA JITENDRA K.
- KUNJ KESHARIYA

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 ACKNOWLEDGEMENT

It is a great experience for me to prepare a project report. I feel happiness

that I present this report before you. I thanked all those persons who are
involved in the making of project.

Firstly, I would like to thank my college H.N. SHUKLA GROUP OF

MANAGEMENT and my teacher ASSIT. PRO RAHUL CHAUHAN
who have give us complete information regarding the project report. I
prepared this project under their guidance.

I am very happy that I have chosen MBA course because, by choosing

this course one become aware of practical studies.

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 PREFACE

The practical study is more important than theorical study. Practical

studies are the part of M.B.A. course; M.B.A. is a special professional
course regarding business. Practical study implied by Gujarat
technological University in M.B.A. under this subject, the student
requires to visit one medium scale industry.

The visit is very helpful to the students because students get the practical
knowledge about the working of industry and seeing the atmosphere of
business units. With the help of industrial visit, student develop his
awareness about industrial field.

As a M.B.A. student, I had got an opportunity to visit, an industry. That

industry was TRISHUL PUMP INDUSTRIES. it was a great experience
for me. I have tried my level best to get as possible as information about
industry. I thanked all members who helped me to get an information.

- VISHVAKARMA JITENDRA K.
- KUNJ KESHARIYA

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 Main Index

NO. OF POINTS PAGE NO.

POINTS
1 INDUSTRY OVERVIEW
2 COMPANY INTRODUCTION
3 MARKETING MANAGEMENT
4 PRODUCTION & OPERATION
MANAGEMENT
5 HUMAN RESOURCE MANAGEMENT
6 MANAGEMENT INFORMATION
SYSTEM
7 QUANTIATIVE TECHNIQUE IN
MANAGEMENT
8 FINANCIAL MANAGEMENT

9 COST & MANAGEMENT ACCOUNT

10 CONCLUSION
11 SUGGESTION
12 BIBLIOGRAPHY

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Page | 7
 HISTORY

Welcome to Trishul Pump

"TRISHUL PUMP PVT.LTD." is the premium brand of Cast and
Blower Co. (Guj.) Pvt. Ltd. (C&BC). The company has turned out as the
milestone with its most-trusted brand in pump system industry. The quality
policy of the company has leaded the company to deliver the value-added
products in reduced cost. Way back, in the year 1977, a small venture had
started its manufacturing activities in the name of "Pedhadia Casting" by
pioneering efforts of Lt. Mr. Nathabhai Makkanbhai Pedhadia and "C&BC" was
founded in the year 1980 by Lt. Mr. Laljibhai Nathabhai Pedhadia with
engineering skill, has pioneered it as one of the most reputed Quality
Manufacturers & Exporters of Centrifugal Water Pumps, Submersible Pumps,
Process Pump, Close-Couple Pumps, as well as All Type of Castings. On 30th
August 2001, the company received the prestigious "National Aaward for
Quality Products in Small Scales Sector" for the year 1999. ...

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 COMPANY PROFILE: -

Name: -

TRISHUL PUMP PVT.LTD.

.
Area of Location: -
Trishul Estate 80 Feet Road,
Aji Ind. Zone,
Opp. N.S.I.C. Rajkot 360 003.
Dist.: (GUJARAT) RAJKOT

Brand Name: -

TRISHUL PUMP (CAST AND BLOWER CO. (GUJ.) PVT. LTD. (C&BC).

Name of Partners: -

Mr. Nathabhai Makkanbhai Pedhadia

Mr. Laljibhai Nathabhai Pedhadia

Size of Unit: -

medium Scale industry

Establishment Year: -

1977
Accounting Year: -

April to March

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 ORGANIZATION STRUCTURE

Director

Marketing
Director

Production Finance Marketing Personnel

departm department department department
Production
manager

ent
Production Finance Marketing Personnel
manager manager manager manager
Production
manager

anager

workers accountant Sales man workers

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 OBJECTIVES OF BUSINESS

Generally, the main object of a business to get more and more profit. All
the business activities are running with the main object of profit but
profit is not only the object of any business. There are many objects
such as to contribution in the development of the country, Social
responsibility etc.

TRISHUL PUMP IND. main objectives are given below:

1.To earn Medium Profit.

2.To provide social facilities.
3.Elimination of customers problems.
4.Continuous improvement through reduction of Rejuction and
Rework.
5.Contribution in the development of the country.

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Page | 12
 DISTRIBUTION CHANNEL

In the field of marketing channels of distribution indicates routes of path ways

through which goods and services flow from producer to consumer.

Distribution channels can be defined as a set of interdependent marketing

institutions participating in marketing activities involved in the movement as the
flow of goods or services from primary producers to the ultimate customers.

Manufacturers

Distributor

retailers

Ultimate customer

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 ADVERTISING

Advertising is defined as any paid form of non-personal presentation and

promotion of ideas, goods and services by an identified sponsor. It is impersonal
salesmanship for mass selling, a means of mass communication.

TRISHUL PUMP mainly advertises their products in local newspapers, and

some time they do advertisement in magazines & some time they make
advertisement through Trade fairs

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Page | 15
 PLANT LOCATION & LAYOUT

PLANT LOCATION

Supply of raw material

nearness to market
Transport facilities
Labour supply
Availability of power

(B) SECONDARY FACTORS

Following are the secondary factors affecting the plant location.

Natural factors
Government subsidies & facilities
Historical & religious factors
Initial start & goodwill

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PLANT LAYOUT

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Page | 18
 RECRUITMENT & SELECTION: -

In Company concern the personnel department is interested with the

job of recruitment of personal. Recruitmen t involves discovering of
the source of personnel and arranged to receive application from the
candidates for the jobs.

In TRISHUL PUMP. Ltd., if there is any vacancy in any

department, they first of all decide to find the pending application
received in previous time. If there are no applicable candidates,
they publish advertisement in the famous newspaper or some time
they contact placement office or consultant.

After receiving application, they select some qualified and

capable candidates and arrang e their interviews, and after
interviews candidates practical knowledge and technical knowledge
is check and then after the management decide for selecting a best
suitable candidate on the bases of Qualification and experience.

The TRISHUL PUMP company does not allow children as

workers. Male & female workers are recruitment for production
work. The workers can change the job at any time but he has to
informed one week before he leaves the job.

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 EMPLOYEE BENEFITS & SERVICES

Management is concerned with attract in and keeping employees

whose performance meets at least minimum level, of acceptability.
The provision of Benefits and Services and are important in
maintaining the employee and reducing or keeping turnover &
absenteeism low.

In TRISHUL PUMP PVT.LTD. industry give some but sweet

facilities provided to his employee.

1. Uniform

2. Festival Celebration

3. Bonus System

4. Medical Facility

5. Traveling Allowance

6. Insurance.

Another benefits like Privileged Leave Benefits, Provident fund,

and other allowance etc.

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Page | 21
 MANAGEMENT INFORMATION SYSTEM
IT INFRASTRUCTURE
DEFINITION:

IT infrastructure refer to the composite hardware, software, network resource

and service required for the existence operation and management of an
enterprise it solution environment. It allows an organization to deliver it
solution and service to its employees, partner and customer and is usually
internal to an organization and deployed within owned facilities.

TRISHUL PUMPPVT LTD uses it infrastructure for storage, transfer retrival or

transmission of information and manage their business with greater accuracy
and efficiency with the assistance of information technology and computer
application.
COMPANY COMMENALLY USES IT INFRASTRUCTURE FOR
FOLLOWING PURPOSE:

Marketing

information sharing and gathering

communication with internally and exeternally

storage important data

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 always get touch with competitor information

HARDWARE AND SOFTWARE USES;

Hardware: TRISHUL PUMP commonly uses hardware including PCs,

tablet computer, laptop, server, network equipment, scanner and printer.
software:

Company use financial and accounting management software system for a

variety of mathematical calcilation on large volumes of numeric data, wether in
the basic function of financial service companies or in the according activities
of firms. Computer equipped with spreadsheet or database management
software meanwhile, are used by account payable, account receivable and
payroll department to process and tabulate financial data and analyze their cash
flow situation finally word processing is ubiqitious and is used to create a wide
rangr of document, including internal memos, correspondence with outside
entities public relations materials, and product.

company use following software to manage their data. Account and financial

data and automatic generate an effective invoice.

1.database management system

2.tally
3.invoice master.

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Page | 24
 TRANSPORTATION PROBLEM

The transportation problem is a special class of the linear programming

problem. It deals with the situation in which a commodity is transported from
Sources to Destinations. The objective is to determine the amount of
commodity to be transported from each source to each destination so that the
total transportation cost is minimum.

Now a days every company which is producing any kinds of product, they
suffer that how can they easily transport their product to customer, retailer,
distributer etc.
TRISHUL PUMP PVT.LTD. Is producing many kinds of product those
already explained in above chapters and it is also want to find and choose a best
way to transport its product. Due to this reason they are following such kinds of
methods to reducing the cost of transportation and easily reach to customer and
as well as consumer.

They are following such kinds of methods to deciding the transportation way at
low cost:
1. Least square method
2. North-West corner method

For example- TRISHUL PUMP want to find the initial basic feasible
solution by North-West Corner Method to transportation problem.
Origin D1 D2 D3 D4 Availability

O1 6 3 1 4 14

O2 7 9 3 7 16

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 O3 4 2 5 3 5

Requirement 6 10 15 4 35

Solution: - Given that-

Origin D1 D2 D3 D4 Availability

O1 6 6 3 8 1 4 14

O2 7 9 2 3 14 7 16

O3 4 2 5 1 3 4 5

Requirement 6 10 15 4 35

Route-O1D1, O1D2, O2D2, O2D3, O3D3, O3D4

COST=6*6+4*8+9*2+2*14+6*1+2*4

=36+32+18+28+6+8

COST =128

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Page | 27
 FINANCIAL PLANNING

A Financial plan has to be prepared for the purpose of estimating short term and
long term needs of finance. To company, capitalization is sum total of all kinds
of long term securities and as well as surplus which are not meant for
distribution. The amount of capital at any time should not exceed and not less
than amount required in both situation company will be loser.
Capitalization means the total amount of company capital of total value its
capital stock. In other words, we can say that the capitalization means the total
borrowed capital and ownership of the firm. If the resources fund and retained
profit increases with growth of company is increasing.
Financial planning are of two types
:
1.Long term financial planning

2.Short term financial planning

TRISHUL PUMP PVT.LTD. does both type of financial planning for the
smooth running of the business. At TRISHUL PUMP first the Finance
Department ask all the department to prepare the budget of their respective
Department and estimate the financial needs of their department for the year.
Also they are asked to state the need of short term finance.
Once the Financial Department gets all the information of other departments.
They prepare the company budget. Two types of budget are prepared i.e. Short
Term Budget and Long Term Budget. While preparing the budget they keep in
mind the data of past year so that they can avoid deviation.
After the budget is prepared meeting is arranged for all Departments heads
along with the Directors to finalize the Budget of the year.
As when required the necessary changes are made in the budget pertaining to
the changing needs.
The Financial Department aims at running the short term obligations smoothly
not hampering the Long Term decisions.

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 LEVERAGE RATIOS ANALYSIS

A leverage ratio is meant to evaluate a companys debt levels. The most

common leverage ratios are the debt ratio and the debt-to-equity ratio.
Leverage ratios measure how leveraged a company is, and a company's degree
of leverage (that is, its debt load) is often a measure of risk. When the debt
ratio is high, for example, the company has a lot of debt relative to its assets. It
is thus carrying a bigger burden in the sense that principal and interest payments
take a significant amount of the company's cash flows, and a hiccup in financial
performance or a rise in interest rates could result in default. When the debt
ratio is low, principal and interest payments don't command such a large portion
of the company's cash flow and the company is not as sensitive to changes in
business or interest rates from this perspective. However, a low debt ratio may
also indicate that the company has an opportunity to use leverage as a means of
responsibly growing the business.

In general, a high debt-to-equity ratio indicates that a company may not be able
to generate enough cash to satisfy its debt obligations. However, low debt-to-
equity ratios may also indicate that a company is not taking advantage of the
increased profits that financial leverage may bring.

It is important to note that the timing of asset purchases and differences in debt
structures can generate differing debt ratios for similar companies. This is why
comparison of debt ratios is generally most meaningful among companies
within the same industry, and the definition of a "high" or "low" ratio should be
made within this context.

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 LEVERAGE RATIOS

Formula-
Degree of operating Leverage (DOL)=
1. For year 2013-14
2. DOL= 39068800-6251008/7491506

DOL=12.31
3. For year 2014-15

DOL= 25030400-4505472/5006080
DOL=9.016

4. For year 2015-16

DOL=39068800-6251008/7813760
DOL=14.11

If degree is more than 1 then operating leverage exists.

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Page | 31
 DECIDING COSTS AND OVERHEADS-

Cost denotes the amount of money that a company spends on the creation or
production of goods or services. It does not include the mark-up for profit.
There are many cost occurs in the TRISHUL PUMP PVT.LTD to producing
the product such as variable cost, fixed cost and semi variable cost.
Variable cost is known as cost which is having changes according to changes in
output. It changes in same ratio as the change in output. This cost knows as
product cost.
Fixed cost is known as cost which does not have any kinds of changes
according to change in output. It remains always same. This is having another
name period cost.
There are few methods are mentioned below which are used in TRISHUL
PUMP PVT.LTD. to determine the cost of product.

Graphical Methods
High-Low Point Method
Least Square Method
Simultaneous Equation Method

For Example- TRISHUL PUMP want to know the amount of factory overheads
cost it will incur in the following month.
Factory overheads cost in the previous three months was as follows.

YEAR (2016-17) Total COST (Rs.) UNITS

NOV 9, 50, 000 21, 000
DEC 10, 20, 000 30, 000
JAN 11, 50, 000 40, 000
FEB 12, 90, 000 48, 000

TRISHUL PUMP expects to produce 70,000 units in March month.

TRISHUL PUMP PVT. LTD. uses all the above method to find the variable
cost and fixed cost but mostly high- low point method is using by it which is
mentioned below.

By High Low Point Method-

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Step 1: Identify the highest and lowest activities (in Units)

Highest activity level is 48000 units in Feb

Lowest activity level is 21000 units in Nov

Step 2: Identify the highest and lowest costs (in Rs.)

Highest Cost is Rs. 12, 90, 000 in Feb

Lowest cost is Rs. 9, 50, 000 in Nov

Step 3: Put the value in formula

Variable cost Per Unit=

Variable cost Per Unit= 1290000-950000/48000-21000

Variable cost Per Unit=Rs.14

Now Total Variable cost= Units* Variable Cost per unit
=21000*14
=Rs. 2, 94, 000(In Nov)
Step 4: Find the Total Fixed cost

Total Fixed Cost=Total Cost-Total Variable Cost

=9, 50, 000-2, 94, 000
=Rs.656000
For 70, 000 Units in March Month

Y=a+bX=16, 95,000

Where Y- Total Budget

X- Expected Unit
a- Fixed cost
b- Total Variable Cost

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Page | 34
 CONCLUSION

I think that I had got a golden opportunity to visited. TRISHUL PUMP

industry, I got a whole information regarding production, personnel,
financial and marketing. During my study, I marked that the company is
best in management, in working in providing facilities to the workers etc.

I have come to the conclusion that this company has an efficient in

production process and marketing. It possesses proper finance. Thence,
this company has a many scope for expansion and development. The
product of this company is very good in quality. The Brand Name is
TRISHUL PUMP Customer would like to purchase product of
Company. The staff is interested to improve the product as per changing
and environment.

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Page | 36
 SUGGESTIONS

After visiting the company, I think that the company is well and efficient,
there is nothing as such which I can suggest to the company. But, I also
want to tell something to the company that the company uses. old
technology, thence, their profit reduces. New business units used new
technology, therefore if company use new modern technology, they will
make more profit. I know that now, they are make profit but they increase
in them if they will use modern technology. Today, company is in
developing stage in the use of modern technology.

So, my point of view, they should take this point positively and
should not be misunderstood.

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Page | 38
www.candbc.com

www.google.com

BOOKS REFARNACE:

- MARKETING MANAGEMENT (PHILIP KOTLER)

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