KSDL 1
KSDL 1
KSDL 1
Page 1
On the other hand the price of the pipes as remained stagnant, because prices are determined
market forces and presently production levels are greater than supply.
A number of industries for the past of few years have been finding it difficult to solve the
increasing problems of adopting seriously the management of working capital. Business
concerns intent on developing their business have to use to be at most, their available
resources for the development of the business, thereby enabling them profits.
Due to inflationary situations and restrictions imposed on borrowing facility, the commercial
institutions and manufacturing industrial units have been confronting and difficulties in
meeting day to day financial needs. Hence effective management of working capital becomes
the problem for such organization and industries. The purpose of study is to examine analyze
and evaluate working capital management and its components in KARNATAKA SOAPS
AND DETERGENTS LTD.
At most of the financial information was considered confidential, the access to the
Page 2
Due to frequent and work load of the staff in the sufficient organization much time
Page 3
In India, the first soap company was established by North West Soap Company in 1897 at
Meerut following the Swadeshi movement. From 1905 onwards few more factories were
setup.
They are,
Bengal Chemicals.
Page 4
The Indian soap industry has been dominated by long time with number of companies such
as,
The Indian soap industry continued to flourish very well until 1967-1968, but began to
stagnate and soon it started recovering. In 1974 it experienced a short upswing. This increase
in demand is due to,
Growth in population.
Urbanization.
Organized sectors.
PRESENT STATUS:
Market scenario:
Indian is the ideal market for cleaning products. The countries per capita consumption
Of detergent powders and bars stands at 1.6kg and soap at 543gms Hindustan lever, which
heralds over the cleaning business, sells in all over the cleaning business but the tiniest of
Indian settlements. The 7.4lakhs tons per annum soap market in india in crawling al
PROBLEMS OF SOAPS AND DETERGENTS INDUSTRY
Page 5
Industry faces some problems due to increase in the cost of raw material. The major
ingredients like soda ash, linear alkyl benzene and sodium triply phosphate poses number of
serious in terms of availability. The demand and supply gap of vegetables oil is 1.5 to 2lakh
and is met through imports.
MARKET SCENARIO
India is the ideal market for cleaning products. The Indian soap market is pseudo in nature
and it is amazingly complex being segmented not only on the basis of price benefits, but even
range emotions within that outlining framework.
PROBLEMS OF KSDL
Soap industry has some problems in case of raw materials. The major ingredients are soap
ash, linear alkyl, benzene and sodium. Tripoly phosphate poses number of serious problems
in terms of availability. The demand supply gap for vegetable oil is 1.5 to 2 lakh tons and is
met through imports. In recent times, caustic soda and soap ashes in the cheaper varieties of
soaps are quite high.
2.2 COMPANY PROFILE
Mysore Sandal Soap is a brand of soap manufactured by the Karnataka Soaps and Detergents
Limited [KS&DL], a company owned by the Government of Karnataka in India. This soap
has been manufactured since 1916 when Nalvadi Krishna raja Woodier, the king of Mysore
set up the Government Soap Factory in Bangalore. The main motivation for setting up the
factory was the excessive sandalwood reserves that the Mysore kingdom had which could not
be exported to Europe because of the First World War. In 1980, KS&DL was incorporated as
a company by merging the Government Soap Factory with sandal oil factories at Shivmoga
and Mysore. Mysore Sandal Soap is the only soap in the world made from 100% pure
sandalwood oil. KS&DL owns a proprietary geographical indication (GI) tag on the Mysore
sandal soap which gives it intellectual property rights to use the brand name, to ensure quality
and also prevent piracy and unauthorized use by other manufacturers. In 2006, Mahendra
Singh Dhoni, the Indian cricketer was selected as the first brand ambassador of the Mysore
Sandal Soap.
HISTORY
BGS INSTITUTE OF TECHNOLOGY, BG NAGAR
Page 6
In the early 20th century, the Mysore kingdom in India was one of the largest producers of
sandalwood in the world. It was also one of the major exporters of the wood, most of which
were exported to Europe. During the First World War, large reserves of sandalwood were left
over because they could not be exported due to the war. In order to make good use of these
reserves, Nalvadi Krishnaraja Wodeyar, the king of Mysore took the advice of his diwan,
Sir.M.Visweshwaraiah and established the Government Soap Factory in Bangalore. This
factory which was set up in 1916, started manufacturing soaps under the brand name Mysore
Sandal Soap using sandalwood oil as the main ingredient. A factory to distill sandalwood oil
from the wood was setup at Mysore in the same year. In 1944, another sandalwood oil factory
was setup in Shivmoga. After the unification of Karnataka, these factories came under the
jurisdiction of the Government of Karnataka. In 1980, the Government decided to merge
these factories and incorporate them under a company named Karnataka Soaps and
Detergents Limited.
RENAMING OF THE COMPANY
On October 1st 1980, the Government Soap Factory was renamed as KARNATAKA SOAPS
AND DETERGENTS LIMITED. The company was registered as a Public Limited
Company. Today the company produces varieties of products in toilet soaps, Detergents,
Agarbathis and Talcum powder. KS&DL has been built up with tradition for the quality of its
products. Mysore Sandal Soap is the No.1anywhere in the world. The Karnataka state is the
original home of the sandal oil, which uses original perfume sandalwood in the
manufacturing of Mysore Sandal Soaps.
2.3 Promoters
Sales department
Production department
Finance department
Human resources management
Research and development
Page 7
Re-engineering
Marketing department
Vision Statement :
Karnataka Soaps & Detergents Limited has a clear Vision for all round development of the
Company. This is reflected in the form of a well conceptualized and cogent blue print called
VISION 2013. The VISION 2013 sets the goals and suggests the strategies and plans
necessary to achieve the Vision. The Vision of the KS&DL is embodied in the following
statement:"KARNATAKA SOAPS & DETERGENTS LIMITED WILL LEVERAGE LATEST
SOAP MANUFACTURING TECHNOLOGY AND INFORMATION TECHNOLOGY BY
IMBIBING PROFESSIONAL MANAGEMENT TECHNIQUES TO IMPROVE ITS
FUNCTIONAL ACTIVITIES, TRANSPARENCY, BUSINESS AND TO TRANSFORM
ITSELF INTO A MODERN, PROFESSIONAL ORGANIZATION IN THE FMCG
MARKET IN INDIA AND ALSO TO SPREAD ITS FRAGRANCE IN THE FMCG
GLOBAL MARKET".
MISSION STATEMENT
Page 8
UNITS OF GRAMS
75, 125
75
75, 125
75
75
100
100, 125
100
Wave Soap
100
150
150
150
150
150
150
17
150
Page 9
DETERGENT
NAME OF THE PRODUCT
UNITS IN GRAMS
1000
500
125
TALCUM POWDER
UNITS IN GRAMS
20,50,100,300
100,200,400
AGARBATHIS
Page 10
Paraijata
Alif Laila
Meditation
(75gms,125gm
(150gms)
(75gms)
Page 11
(100gms,125gms)
Page 12
(125GMS EACH)
(125GMEACH)
j. MYSORE HERBALCARE
(75GMS)
(15GMS, 75GMS,
100GMS)
Page 13
(75GMS,
100GMS)
(150GMS)
Page 14
DETERGENTS
KSDL also manufacture high quality detergents applying the latest spray drying technology
with well balanced formulation of active matters and other builder, they provide the ultimate
washing powder.
Sensor Detergent Powder (1kg/2kg)
Mysore Detergent Powder (1kg/500gms)
Mysore Detergents Bar (250gms)
Mysore Detergent Cake (125gms/250gms)
Mysore Detergent Cake is formulated with special dirt - busters for effective removal of
toughest dirt on clothes and to give freshness with mild aroma all the day, while wearing. The
product is available in variants like - 150gms and 250gms under the brand name of MDC.
Page 15
AGARBATHIS
a. JASMINE REGULAR
b. MEDITATION
SANDAL
c. NAGA CHAMPA
Page 16
d. ROSE REGULAR
e. SIR.M.V-100
f. JASMINE ROLLS
SANDALWOOD OIL
Page 17
POWDERS
a. MYSORE SANDAL TALCUM POWDER
Page 18
Page 19
LIQUID SOAP
Page 20
FIRST
AID
TIME
OFFICE
ASS.MGRS
CANTEEN
VMO
ASS.MGR
JR. OFFICER
OFFICER
SR.
JR.OFFICER
SENIOR
ASSTS
JR.OFFICER
ASST.
Page 21
HELPER
SR.ASSTS
ATTENDER
SR.ASSTS
Cooks
ATTENDER
Helpers
01
M.D
Managing Director
02
ASST.GEN.MGR
03
MGR [HRD]
Manager [HRD]
04
ASST.MGR
Assistant Manager
05
LWO
06
VMO
07
OFFICER [HRD]
Officer [HRD]
08
09
SR. ASSTS
Senior Assistants
10
ATTENDER
Attender
11
COOKS
Cooks
12
HELPERS
Helpers
Luther Gulick highlighted PODSCORB which stands for planning, organizing, staffing,
directing, coordinating, reporting and budgeting is the part of human resource management.
Page 22
Performance appraisal.
Industrial relations.
Disciplinary action.
Welfare measures.
Coordinating dispute cases before conciliation labor court and other court.
Grievance handling.
MANPOWER DETAILS
Group
Bangalore
Sandalwood
oil
Marketing
division branches
[Mysore]
Duty
paid Total
gowdon
[Shivmoga]
Executives
78
08
53
02
141
Supervisors
49
08
15
72
Workers
523
28
36
14
601
Total
650
44
104
16
814
Page 23
Shift allowance: There are three shifts and one general shift. The shift timings are as
follows.
First Shift
6.00am to 2.00pm
Second Shift
2.00pm to 10.00pm
Third Shift
10.00pm to 6.00am
General Shift
9.30am to 5.30pm
The lunch time is from 12.00pm to 12.30pm. Every Sunday is rest day for the employees. No
allowance is paid to the first shift workers. A sum of Rs.25 and Rs.35 per day is paid to workers
for second and third shift respectively.
Washing allowance: The company provides two sets of uniform once in a year. For this a
washing allowance of Rs.50 per month is paid to every worker.
Conveyance allowance: The conveyance allowance of Rs.680 per month per worker is
extended.
Family travel allowance: This allowance is paid at the rate of Rs.500 per employee per year
who has put a minimum three years of service.
Death relief fund: Rs.30, 000 will be paid to the nominee in case of death of an employee.
Memento to retiring employee: Rs.2, 500 will be paid as memento to retiring employees.
Medical reimbursement: Benefit to non-ESI employees a sum of Rs.500 per month will be
paid per employee towards domiciliary treatment. With regards to hospitalization treatment
the company has taken medical claim policy from insurance company for a sum of Rs.1,
50,000 per employee which includes spouse and two children.
Page 24
GROUP
01
5140-110-1690-140-6390-170-7240-200-8240
02
II
5250-110-5690-140-6360-170-7240-200-8240-240-9440
03
III
5690-140-6390-170-7240-200-8240-240-9440-280-10840
04
IV
5970-140-6390-170-7240-200-8240-240-9440-280-10840-33012490
05
6110-140-6390-170-7240-200-8240-240-9440-280-10840-33012490-400-14490
06
VI
6390-170-7240-200-8240-240-9440-280-10840-330-12490-40014490-500-15990
07
VII
7240-200-8240-240-9440-280-10840-330-12490-400-14490-50017990
08
VIII
8240-240-9440-280-10840-330-12490-400-14490-500-17990-60019190
Page 25
SL.NO
DESIGNATION
01
JR.OFFICER
10000-100-10500-300-12300-350-14400400-16800-450-18150
02
OFFICER
10800-300-12300-350-14400-400-16800450-19500-525-20025
03
ASST.MANAGER
14050-350-14400-400-16800-450-19500525-22650-600-25050
04
MANAGER
18150-450-19500-525-22650-600-26250675-26925
05
20025-525-22650-600-26250-675-28275
06
22125-525-22650-600-26250-675-30300
07
GEN. MANAGER
24450-600-26250-675-30300-750-31800
08
DIRECTOR
26250-675-30300-750-34800-850-36500
DUTIES OF A MANAGER
RECRUITMENT
Recruitment will be done by newspapers, through employees for workers.
For executives staffs, recruitment will be done through newspapers, internet and consultancy
and through employees.
Page 26
SELECTION
Workers will be selected by daily according to the requirement for the company. Workers should
have to bring age proof like S.S.L.C marks card. For the executive staff the selection process will
be done in the head office.
TRAINING
Training will be given to the new workers for 40 days, if the worker is trained up well, then they
will be placed for batches.
FINANCE DEPARTMENT
STRUCTURE OF FINANCE DEPARTMENT
MANAGING
DIRECTOR
GENERAL
MANAGER
DEPUTY GENERAL
MANAGER
ASSITANT
GENERAL
MANAGER
Page 27
BILLS/COS
TING
JR.
OFFICERS
SR.ASSITAN
T
JR.ASSITAN
T
CHIEF
MANAGER
A/CS
AM
PA TO GM
SUPER
[A/CS]
JR.OFFICE
RS
SR.ASSIT
ANT
SR.ASSITA
NT
OFFICER
SUPER
[COSTING]
SR.ASSITAN
T
JR.ASSITAN
T
JR.ASSITANT
Finance is the life blood of every organization. It is concerned with managerial decision making.
This department is concerned with proper utilization of cash. It identifies the source of finance
where to borrow i.e. ICICI, IRBI, IDBI, Corporation bank etc.
It has abundant of function which can be enumerated as follows:
Profit maximization.
Wealth maximization.
Page 28
AUDIT DEPARTMENT
KS&DL audit wing is headed by internal auditor. Auditing is vital for the company as it
facilitates verifying of all the books of account by trial balance, it also comply with requirements
for central excise and income tax purposes. After the auditors monitor everything they give
report which is helpful to the company.
COSTING
When a company does costing it ensures proper fixation of selling price of the product, cost
control it also help in taking decision. KS&DL use process costing as the production mechanism
is systematic it involves addition of a lot of ingredient in the manufacturing.
OBJECTIVES
Planning for short term and long term financial requirements of the organization.
Issuance and redemption of ownership and creditor ship securities [shares and debentures]
Providing top management with information on current and prospective financial conditions
of the business of the enterprise as a basis for policy maki
PRODUCTION DEPARTMENT
Page 29
GENERAL
MANAGER
SENIOR
MANAGER
MANAGER
MANAGER
MANAGER
DEPUTY
MANAGER
WORK
MANAGER
SENIOR
ENGINEER
ENGINEER
WORKERS
Page 30
2. Soap Plant.
3. Detergent Plant.
Page 31
Container mixer
Simplex plodder
It becomes noodles
Millin
It becomes soap ribbons
Duplex plodder
Cutting machine
Cakes are led
Stamping machine
Wrapping machine
Led through the conveyor belt
MARKETING DEPARTMENT
STRUCTURE OF MARKETING DEPARTMENT
MANAGING
DIRECTOR
GENERAL
MANAGER
DEPUTY GENERAL
MANAGER
ASST.
GENERAL
MANAGER
PRODUCT
PRODUC
MANAGE
T
BGS INSTITUTE
OF
TECHNOLOGY,
BG
NAGAR
R [DET]
MANAGE
R
OFFICER
SR.ASST
JR.ASST
ASST.MG
ASST.MG
ASST.
GENERAL
MANAGER
MGR
[MRIS]
ASST.MG
R
SR.ASST
JR.OFFIC
JR.ASST
Page 32
JR.OFFI
CER
MGR
[SALES]
ASST.MGR
OFFICER
JR.OFFICE
R
SR.ASST
JR.ASST
The company main products are soaps and detergents which are sold in different parts of India.
There are depots at various places of the country which are controlled by six branches. The
role of each branch is to ensure that the sales activities are under their control.
Page 33
BRANCH
DEPOTS
Bangalore
Hubli, Raichur.
Chennai
Hyderabad
Vijayawada, Ananthapur
Mumbai
Kolkata
Delhi
Jallander
Marketing mix: It is the policy adopted by the manufacturers to get success in the field of
marketing.
Product policy: It includes both the development and improvement produced and existing
products. This all totally done by KS&DL both marketing and research and development
department.
Distribution policy: The manufactured product of KS&DL is supplied to the various depots.
Sales and Promotion: It takes necessary steps for promoting its products.
EXPORTS
Page 34
KS&DL export their products to different parts of the world they are,
Australia.
Berlin.
Canada.
France.
Germany.
Italy.
Kenya.
Malaysia.
Saudi Arabia.
Singapore.
Africa.
Srilanka.
USA.
Japan.
BGS INSTITUTE OF TECHNOLOGY, BG NAGAR
Page 35
UK
DEPUTY GENERAL
MANAGER
MGR
[PACKING &
ENGG]
JR.OFFI
CER
[PACKIN
SR. ASST
[MISC]
SR.ASST
[PERFUM
E]
ASST.MG
R
[ENGG]
JR.ASS
T
JR.ASST
OFFICER
[CHE &
OILS]
SR.ASST
[OILS &
CHEM]
WORKER
S
Page 36
Page 37
organization, the top management style, structure, the management systems, the external
environmental influence etc. Hence when organization makes a strategic shift it becomes
necessary to consciously build new skills.
Employees skills in an organization will be unique, this may be due to their experience in the
place of work, and the similarity may also due to influence of the similar culture.
However every person according to his traits possesses his own talents and special characters.
This cannot be generalized skill among them.
The employees of KS&DL have different skill, which are relevant for their work. As it is
common in big organizations, he also controversies between departments which can be solved by
discussions and by conducting some interactive programs.
STYLE OF MANAGEMENT:
Decision-making is centralized with the head office. Authority is given to unit in-charge to take
decision in day-to-day minor matters & other urgent matters.
Decision-making depends on the authority & responsibility conferred on each individual & thus
its distributed based on designation & position held.
In important matters, meetings are held to seek opinions of top management & various
department manager & the decisions are taken & implemented. Decision-making is co-ordinate
& done with wide consultations of top management of department managers consultation which
gives best possible gains.
STRATEGY:
Strategic planning is about asking questions, more than attempting to answer them. Strategy
formulation entails a search for a different frame of reference. It is the quest for a new business
paradigm. There are two types of paradigms that apply to management, namely the business and
the organizational or managerial paradigms. The business paradigms define a companys position
in the market place with respect to customers, technology and products.
Page 38
Strategy is a choice of direction and action; the company adopts to achieve its objectives in a
competitive situation. Any statements on overall of functional strategy that the company may
wish to share are:
Improvement in the existing products.
STAFF:
As any employer, KS&DL follow ethical employment standards wherever it operates with a
goal in mind company guarantees.
1. To fulfill its entire legal obligation in terms of employment payments and benefits practices.
2. Adequate and timely training for every one for the job for which they are employed.
3. Career advancement related to performance and experien
SHARED VALUES:
Values:
Values refer to the institutional standards of behavior that strengthen commitment to the vision,
and guide strategy formulation and purposive action. The core values are shaped around the
belief that enterprises exist to serve society. In terms of this belief, profit is a means rather than
an end in itself a compensation to owners of capital linked to the effectiveness of contribution to
society and the essential ingredient to sustain such enlarged societal contribution.
Thus company has embraced an extended role of trusteeship that reaches beyond the assets
reflected in the balance sheet to encompass societal assets. An unwavering commitment to
integrity, ethical conduct, meritocracy, teamwork and abiding concern for stakeholders are at the
heart of your companys value system.
Page 39
Customer satisfaction
Wipro.
Jyothi Laboratories.
Page 40
NO.
PARTICULARS
PERCENTAGES
1.
64%
2.
KS&DL
11%
3.
10%
4.
4%
5.
Wipro
4.6%
6.
Others
6.4%
TRADEMARK OF KS&DL
The SHARABHA
The carving on the cover is the Sharabha, the trademark of KS&DL.
The Sharabha is a mythological creation from the puranas which has a body of a lion and
head of an elephant, which embodies the combined virtues of wisdom and strength. It is
adopted as an official emblem of KS&DL to symbolize a power that removes imperfections
and impurities. The maharaja of Mysore as his official emblem adopted it. And soon took
place as the symbol of the Government Soap Factory of quality that reflects a standard of
excellence of Karnataka Soaps and Detergents Limited.
SLOGAN
BGS INSTITUTE OF TECHNOLOGY, BG NAGAR
Page 41
Communicate its environment policy and best practices to all its employees.
Set targets and monitor progress through internal and external audits.
Strive to design and develop products, which have friendly environmental impact during
manufacturing.
Reuse and recycle materials wherever possible and minimize energy consumption and
waste.
1954- Received license from Government to manufacture 1500 tons of soaps and 75 tons of
glycerin per year.
1957- Factory shifted its operation to Rajajinagar industrial area.
Page 42
1974- Mysore sales international limited was appointed as the sole selling agent, for
marketing its products.
1975- Rs. 4 crores synthetic detergent plant was installed based on Italian technology by
Ballestra SPA.
1980- On 1st October 1980 the Government Soap Factory was converted into a public sector
enterprise and renamed as Karnataka Soaps and Detergents Limited
1981- A. Production capacity was increased to 6,000 tons
B. Rs. 5 crores Fatty acid plant was installed.
1984- Manufacturing of premium quality of Agarbathis at Mysore division.
1985- Production capacity was raised to 26,000M.tons per annum. A large variety of toilet
soaps at attractive shapes, colors and fragrances introduced to meet the varieties and tastes of
consumers.
1992- The company was registered with the Board for Industries and Financial
Reconstruction (BIFR), New Delhi in December for rehabilitation, as the company suffered
losses continuously since 1980 at its net worth eroded.
1996- The BIFR approved the rehabilitation scheme in September and the company started
making profits.
1999- ISO-9002 Certificate for quality assurance in production, installation and servicing.
2000- ISO-14001 Certificate pertaining to environmental management system.
2003- The entire carried forward loss of Rs. 98 crores wiped out and in May BIFR, declared
the company to be out of its purview. The company is making profit continuously; it is the
only state public sector unit that has come out of BIFR.
2004- The ISO-9002 was upgraded to ISO-9001-2004, Quality systems.
2008- Company has introduced Hand wash liquids under the trade name of Herbal hand wash
and Rose hand wash liquids. Company has also introduced liquid Detergent under the trade
Page 43
name of Kleenol liquid with different variants for floor wash, Dish wash and Automobile
wash.
2009- Company has established In-House state of the Art manufacturing facilities for
manufacturing Mysore Sandal Talcum powder. Company has re-introduced the Talcum
powder variants with new outlook of containers.
2010- The ISO certification was upgraded to ISO 9001:2008. Company is on progressive
growth for the last 10 years by increasing its production and sales volumes. The company
turnover has increased from 100 crores during the year 2003 to 200 crores during the year
2010.
2011- The Research and Development Department of the company is in the process of
development of the MILLENIUM SOAP new products like super specialty body wash,
liquid wash, liquid soap, room fresheners, body spray perfume and pure sandalwood powder
in small pouches.
2012- Indias most expensive Mysore Sandal Millennium Soap was launched on January 25 th
worth Rs. 720 per soap.
2013- They reached highest turnover and profit (322 crore) and
Got National award for Excellence Manufacturing Cost in Medium organization category.
ACHIEVEMENTS
Export award for the year 2006-2007 for the excellence in Exports market.
Page 44
Only soap in India that contains pure sandal and almond oil.
The factory is located in the heart of the city and has all infrastructure facilities. They
have quick movement of raw materials and finished products. Due to its proximity,
habitation movement of men and materials are easy.
The company has brand loyalty of consumers and has 90% of sandal soap market.
An ISO 14001 company which commits to reserve the natural environment in the
production of its quality products to the satisfaction of its customers.
Two sandalwood oil factories in Shivmoga and Mysore, which produce 75% of worlds
sandalwood oil.
WEAKNESS
The large proportion of the target area is middle class and upper class people.
Page 45
OPPORTUNITIES
The toilet soaps and detergents market is an over expanding industry and a major
company like KS&DL with its manufacturing expertise can call the shots if it reaches
peak manufacturing capacity.
THREATS
As company depends on forests for its main raw materials it makes the company to find
chemical alternative to sandalwood.
Other sandal soaps in the market. Entry of new multinationals in soap business.
Page 46
Operational performance
Production:Total Rs. 27497.65 lakhs as against Rs. 20983.97 lakhs
Class of Goods
2012 13
No
01
Soaps
9786.112
02
Detergents
1673.749
03
2.335
04
Agarbathies
440.102
05
Talcum Powder
127.544
2011 12
8241.265
1693.663
1.616
347.128
145.290
Page 47
SI
Class of Goods
2012 2013
2011 2012
Quantity in Value
Quantity in Value
M tons
M tons
No
01
Soaps
9303.033
24902.91
8966.171
20058.05
02
Detergents
1882.725
762.42
1924.882
728.34
03
0.059
106.91
0.040
72.85
04
Agarbathies
451.563
1229.72
331.933
900.72
05
Talcum Powder
167.336
724.81
142.505
648.47
06
Coconut oil
295.085
580.65
38.729
436.70
Page 48
PROFIT & LOSS ACCOUNT FOR THE YEARENDED 31ST MARCH 2013
PARTICULARS
AMOUNT
Rs.
Rs.
INCOME
Sales
286,21,32,818
30,49,33,560
Net sales
255,71,99,258
Other income
3,00,40,704
258,78,39,962
Increase/(-) Decrease in
7,05,68,752
stock
265,84,08,714
Page 49
EXPENDITURE
Materials Consumed
129,67,11,687
95,60,25,534
Depreciation
73,41,146
226,00,78,367
398330347
Less:
Interest
and
Finance Charges
PROFIT BEFORE TAX
Less: Provision
39,83,30,347
for
Taxation
(i) Current Tax
10,83,28,122
3,83,56,890
3,42,25,591
Profit/(loss)after tax
21,74,19,7
44
Page 50
Page 51
Page 52
Sale of share
Sale of debenture
Sale of idle fixed assets
Long term loans
Customers credit
Loans from directors
Security of employee
Factoring
External
1. Trade credit
2. Credit papers
3. Bank credit
4 .public deposit
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1. Production policy
2. Nature of the business
3. Credit policy
4. Inventory policy
5. Abnormal factors
6. Market conditions
7. Conditions of supply
8. Business cycle
9. Growth and expansion
10. Level of taxes
11. Dividend policy
12. Price level changes
13. Operating efficiency
Production policy
The size of business scheduled i.e. the plan for production, has great influence on the level of
the inventories. In some cases raw materials
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