INTERNSHIP REPORT

ON
“AN ORGANISATION STUDY AT”
By
Prajwal A S

Submitted To

VISVESVARAYA TECHNOLOGICAL UNIVERSITY, BELAGAVI

In partial fulfilment of the requirement for the award of the degree of
MASTER OF BUSINESS ADMINISTRATION
UNDER THE GUIDANCE OF
INTERNAL GUIDE
EXTERNAL GUIDE
Manasa. R
Srikanth. S
Introduction about Industry :
S.S. Industries was started in the year 2004, By Mr. P. Shivashankar along with
Mr. Srikanth and Mr. Satyanarayana.
S.S. INDUSTRIES is engaged in the fields of Cold Forging of Steel, Aluminium
and Copper Components mainly used in Aerospace, Automotive, Tractors,
Electrical, and other Industrial Applications.
S.S. Industries is an ISO 9001: 2015 certified company and gives the topmost
priority to delivering high quality components on schedule.
S.S. Industries has an experienced team in place to manage the Production,
Quality sourcing and the over all Administration.
S.S. Industries has state-of-art Infrastructure with regards to Machinery and
Measuring Instruments that helps to deliver products that exactly match our
customer’s Requirements.
From a small company with only a few customers, Industry has grown into
an organisation with over 100 Employees. Clients list has grown phenomenally
and it’s now manufacturing components for various reputed companies across
industries.
Vision, Mission:
 
VISION:
To became a reputable company in the field of manufacturing known for
its indigenously developed products and to offer service exceeding customer
satisfaction.

 
MISSION:
To delight our customers by consistently manufacturing high quality
product through innovation.
Product Profile :
S.S. Industries mainly consume the Raw Material like Steel and Aluminium.
The Industry is based on engineering sector with the Medium Scale Industry.
S.S. Industry have over 10 crore Per Annum of Turnover and 2 ½ crore of
product of capacity is produced from the raw material of Aluminium.
They produce - Plug Bodies.
- Tube connectors.
From Steel they produce - collars.
- Power bolts.
Toot gars - Balanced weight, Value spool.
 
Plug bodies has the variety of 8, 10, 12, 14, 16 and 20 types of varieties.
Tube connectors part numbers are 5040, 5370, 4530, 0130, 4240, 4320, are the
part number. 4530 part number has the more production in the tube connectors.
Round Rod as a die of , Ø36, Ø40 in Steel.
In Aluminium - Ø10, Ø15.7, Ø37.
 Competitors :
 S.S. Industry competitors is all Automobile
compliment Manufacturers.
Awards & Achievements :

 
 MC KENZIE’s 7S FRAME WORK
Structure
Managing Director

Plant Head

Human Resource Head of NPD Production Quality Control

System
Raw material Receiving and Inspection.
Shearing / Cutting.
Annealing.
Coating.
Forward Extrusion and backward extrusion.
C N C – 1st operator.
C N C – 2nd operator.
Milling.
Final Inspection.
Dispatch.
Style
S.S. Industry combines innovation, functionality and style to offer a
never before range in steel life style products.

Strategy
 Seek and maintain control over raw material.
 Focus on high growth in emerging market.
 
 
Staffing
Its recruitment policy is designed to attract the right talent at the right
time, to enhance the net worth of human capital and to obtain the best
possible person-to-job, which will contribute to company’s effectiveness.
The company’s recruitment policy aims at:
 Being fair and consistent.
 Being non-discriminatory on the grounds of sex, race, age, religion or
disability;
conform to statutory regulations.
SKILLS
The factors that helped the success of rightsizing at S.S. Industry could be summarized
as under:

CULTURAL ISSUES: -
 Steps to understand employees needs or expectations.
 Preparation of mind and attitudinal attuning.
 
LEADERSHIP: -
 Open and collaborative leadership.
 Identification of key leaders.
 PORTERS FIVE FORCE MODEL
New entrants threat
There is no Threat from newly established Automobile industry.

Competitors
All automobile industries.

Customers

1.Rexroth. A bosch company.

2.Bone expanding Horizons.
3.Global Auto tech.
4.V M X connectors PVT LTD.
5.SOURIAU..
 Suppliers
P R K ltd.

 Substitutes
All automobile Manufacturers.
 SWOT Analysis

STRENGTH:

 Strong Brand name of S.S. Industry.

 India operations capable of meeting its own iron ore requirements.
 Raw material security building through global operations.
 Leading sales and distribution capability.
 Low wage labour availability.
 
 
OPPORTUNITY:

 Unexplored rural markets.

 Growing domestic markets.
 Growing global demands.
 Developing countries not restrained under the Kyoto Protocol.
 Carbon credits trading on the rise.
 High investment in infrastructure development.
 
WEAKNESS:

 Low R&D Investment.

 Low productivity.

THREAT:
 World’s big producers entering Indian markets.
 High duties and taxes by the government.
 Global laws relating to pollution control and high energy cost.
 Global economic slowdown.
 ANALYSIS OF FINANCIAL
STATEMENTS
CURRENT RATIO:
It is defined as the link between current assets and current liabilities. It is also called as working capital ratio, generally it helps to
measure liquidity and it is widely used to make the analysis of a short-term financial position or liquidity of a firm.

Year Ratio
2019 - 2020 1.40
2020 - 2021 1.58
2021 - 2022 1.73

QUICK RATIO:
The quick ratio or an Acid test ratio is an indicator of a company’s short-term liquidity, and measures a company’s ability to meet
its most liquid assets. Because we are only concerned with the most liquid assets, the ratio excludes inventories from current assets.

Year Ratio
2019 - 2020 1.04
2020 - 2021 1.34
2021 - 2022 1.55
NET PROFIT RATIO:
NP ratio is a popular profitability ratio that shows relationship between net profit after tax and
net sales. It is computed by dividing the net profit (after tax) by net sales.
Net profit ratio= Net profit after tax 100
Net sales
Year Ratio
2019 - 2020 10.17
2020 - 2021 8.67

2021 - 2022 10.49

RETURN ON EQUITY:
Return on equity (ROE) is the measure of a company’s net income divided by it’s
shareholders equity. It is a gauge of a corporation’s profitability and how efficiency it
generates those profits.
  ROE = Net Income
Shareholder’s Equity
Year Ratio
2019 - 2020 0.14
2020 - 2021 0.12
2021 - 2022 0.11
ASSET TURNOVER RATIO:
The asset turnover ratio measures the value of a company's sales relative to
the value of its assets. The asset turnover ratio can be used as an indicator of the
efficiency with which a company is using its assets to generate revenue

Asset turnover ratio = Net Sales

Average total Assets

Year Ratio
2019 - 2020 1.99
2020 - 2021 1.03
2021 - 2022 1.03
LEARNING EXPERIENCE :
 In industry I have studied about manufacturing process of Industry and how it runs.
 They using Aluminium, steel and copper mainly used in Aerospace, Automotive, Tractors,
Electrical, and other Industrial Applications.
 In aluminium they produce Plug bodies, Tube connectors.
 In steel collars, Power bolts.
 In copper Toot gars, Values pool.
 After this process before supplying it to customers Final Inspection is done and Dispatch to
it customers.
 S.S. Industries has an experienced team in place to manage the Production, Quality sourcing and the
over all Administration.
 Here customers do reject the product then it sell them to its existing customers like
Rexroth. A bosch company. Bone expanding Horizons, Global Auto tech.
V M X connectors PVT LTD, SOURIAU.
THANK YOU