A Study on Working Capital Management
PROJECT REPORT ON WORKING CAPITAL MANAGEMENT
AT
KIRLOSKAR PNEUMATICS CO. LTD, HADAPSAR.
Submitted By: Rajesh Menon (M.B.A-II) In Partial Fulfillment for Degree of Master of Business Administration during the year 2006-07 VISHWAKARMA INSTITUTE OF MANAGEMENT, PUNE.
1
ACKNOWLEDGEMENT
It is a matter of great satisfaction and pleasure to present this report on Working Capital Management of KIRLOSKAR PNUEMATIC CO. LTD. (KPCL), Pune 411013. I take this opportunity to owe my thanks to all
those involved in my training.
This project report could not have been completed without the guidance of our director, Dr. SHARAD L. JOSHI & project guide Prof. SMITA SOVANI. Their timely help & encouragement helped me to complete this project successfully.
I thank Mrs. VINEETA KAPOOR (SR. OFFICER
HRD) for giving
me opportunity to work at KPCL, as a FINANCE TRAINEE.
I am thankful to Mr. R.B. SHALIGRAM (SR. FINANCE MANAGER) and MR. R.R. TAVERGIRI (DGM, FINANCE) for their encouragement and able guidance at every stage of my training work.
I express my gratitude towards staff of KPCL, those who have helped me directly or indirectly in completing the training.
2
INDEX:No. 1 2 3 4 5 6 7 8 9 Particulars: Executive Summary Objective & Scope of Project Company Profile Theoretical Background Research Methodology Data Analysis Findings Recommendations Bibliography Page No: 1 3 4 7 60 61 92 93 94
3
EXECUTIVE SUMMARY
Company being established as Kirloskar pneumatic company limited in 1958, made an entry with manufacture of air compressor and pneumatic tools & soon diversified by including air conditioning & transmission equipments. At Kirloskar Pneumatic up to date manufacturing facilities, including CNC machines, Stringent quality control procedures and systems, research & development, foundry, heat treatment facilities, screw rotor machines, gear grinding machines, metallurgical laboratories, tool room and integrated computer system, have all
AT
KIRLOSKAR PNEUMATICS CO. LTD, HADAPSAR.
Submitted By: Rajesh Menon (M.B.A-II) In Partial Fulfillment for Degree of Master of Business Administration during the year 2006-07 VISHWAKARMA INSTITUTE OF MANAGEMENT, PUNE.
1
ACKNOWLEDGEMENT
It is a matter of great satisfaction and pleasure to present this report on Working Capital Management of KIRLOSKAR PNUEMATIC CO. LTD. (KPCL), Pune 411013. I take this opportunity to owe my thanks to all
those involved in my training.
This project report could not have been completed without the guidance of our director, Dr. SHARAD L. JOSHI & project guide Prof. SMITA SOVANI. Their timely help & encouragement helped me to complete this project successfully.
I thank Mrs. VINEETA KAPOOR (SR. OFFICER
HRD) for giving
me opportunity to work at KPCL, as a FINANCE TRAINEE.
I am thankful to Mr. R.B. SHALIGRAM (SR. FINANCE MANAGER) and MR. R.R. TAVERGIRI (DGM, FINANCE) for their encouragement and able guidance at every stage of my training work.
I express my gratitude towards staff of KPCL, those who have helped me directly or indirectly in completing the training.
2
INDEX:No. 1 2 3 4 5 6 7 8 9 Particulars: Executive Summary Objective & Scope of Project Company Profile Theoretical Background Research Methodology Data Analysis Findings Recommendations Bibliography Page No: 1 3 4 7 60 61 92 93 94
3
EXECUTIVE SUMMARY
Company being established as Kirloskar pneumatic company limited in 1958, made an entry with manufacture of air compressor and pneumatic tools & soon diversified by including air conditioning & transmission equipments. At Kirloskar Pneumatic up to date manufacturing facilities, including CNC machines, Stringent quality control procedures and systems, research & development, foundry, heat treatment facilities, screw rotor machines, gear grinding machines, metallurgical laboratories, tool room and integrated computer system, have all