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Gokul refoils & solvent ltd. was get up by Mr. Balvantsigh C. Rajput in the 29-12-1992.

When he was passing his S.S.C. examination. He thought that every human being should fulfill has employment so he thinks to start his own industry. Then he implement his dream & making industry a Gokul refoils & solvent ltd.he started his plant with small capital. That time, they had six expeller machines but now a day they had twenty expellers machines to run the industry. Thus, the company achieved the remarkable success no other company has achieved the success till now. Mr.Balvantsing rajput and Mr. Kanubhai Thakkar forsighted businessmen, with a vision to lead the industry a far long way, sowed the seeds of this successful corporate at the later stages. From time to time the company improved their product with a view to making an image in the oil markets not only in the state but across the whole country with the latest machinery and improved equipment. It has now the production capacity of producing and refining vegetable oil, solvent extraction and de-oiling.

The network of the company has spread all over India and now is stepping for export to international market. Looking to the best management quality products, the company has been credited of certification of ISO 9001: 2000

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

NAME & ADDRESS : Gokul Refoils & Solvent Ltd. State Highway No:- 41, Nr. Sujanpur patia Sidhpur-384151, North Gujarat (India) REGISTRATION OFFICE : State Highway No:-41, Nr. Sujanpur patia Sidhpur-384151,North Gujarat (India) SCALE OF ORGANISATION : Large scale FORM OF ORGANISATION : Private Ltd. Company PROMOTERS : Mr. Balvantsinh rajput , Mr. Kanubhai thakkar. PRODUCT MANUFACTURED : 1.Gokul cotton seed oil 2.Gokul Serso oil 3.Gokul soybean oil 4.Gokul refinery oil 5 .kacchi ghani WORKER : 150 EMPLOYEES : 250 OPENING YEAR : (1993) August solvent plant (1998) Mineral water plant BANKERS : State Bank Of India In Sidhpur Devlopment Credit Bank In Ahmedabad.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

CHAIRMAN MANAGING DIRECTOR

GENERAL MANAGER

ASSISTANT GENERAL MANAGER

FINANCE DEPARTMENT

PRODUCTION DEPARTMENT

MARKETING DEPARTMENT

PERSONEL DEPARTMEN T SENIOR MANAGER

SENIOR MANAGER

SENIOR MANAGER

SENIOR MANAGER

FINANCE MANAGER

PRODUCTION MANAGER

MARKETING MANAGER

PERSONAL MANAGER

ACCOUNTING MANAGER

OFFICERS

MARKETING EXECUTIVE

P.F.R .
EXECYTIVE

SUPERVISOR OFFICER STAFF

F.S.R.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Production process of modern organization & old organization both play business enterprise.

an

important role, so, the Gokul Refoils & Solvent Ltd. lay very important role in

In this competitive world the Gokul Refoils & Solvent Ltd.has achieved so many successes that it has capacity to beat the other industries & thus it has also achieved its target. The production manager Mr. Kantilal Patel who run the firm is in production department. It has different plants which are carried it Gokul Refoils & Solvent Ltd.there are also D.O.C. production process. Then after they 20% is exported. Mr. Kantilal Patel is very intelligent person who is doing the job in Gokul Refoils & Solvent Ltd.for the year up to nine to ten. While of visiting Gokul Refoils & Solvent Ltd. of found that done the production process is every good job in the firms.Other are also very good utilized the raw-material in their firms. There are very less raw-material wastages.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Gokul cotton seed refined oil Gokul serso oil Gokul soybean oil Gokul Palmolive oil Gokul Mustard oil Gokul Sunflower oil Gokul Groundnut oil Gokul kacchi ghani

Refinery Refinery Solvent extra Seed crushing Fractionation Vanaspati Tin making plant

250 MT 100 MT 200 TONNE 200 TONNE 300 MT 200 MT 20000 NOS.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

The major edible oils processed in the plant areSoybean oil, Sunflower oil, Palm oil, Mustard oil, Ground-nut oil & Vanaspati oil. The process of refining starts with the crude oil first being Degummed- a process in which the stocky material is removed from the crude.The acidity in the oil is then removed by neutralizing it with caustic soda.to improve the aesthetics of the oil, it is bleached & then deodorized. Bleaching improves the colour of the oil to acceptable levels & deodorization removes the objectionable oder from the oil. The refined or hydrogenated oils are then packed in consumer packs, tins or sold loose in tanker.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

OIL SEEDS

CONDITIONING

EXPLORES OIL

FILTRATION

DOUBLE FILTERED OIL

OIL CAKE

OIL CAKE FEED INTO PREPARATORY SACTION FOR SIZE REDUCTION

EXTRACTION WITH THE HELP OF SOLVENT

SOLVENT EXTRACTED OIL

DE OIL CAKE

CALLING

FILLING OF OILED CAKE IN GUMMY BAGS

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

SUNFLOWER OIL
Refined Sunflower oil is light, nutritious, and healthy, that is easy to digest. It consists mostly of polyunsaturated fatty acids and is low in saturated fats. Rich in vitamins, Gokul Refined Sunflower Oil goes through the highly specialized process of winterization that removes almost all the wax content in the oil, making it the lightest oil available today.

Available In :Pouches Pet bottles Tins : 1 liter : 500 ml, 1 liter : 15 liter.

PALM OIL

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Palm oil is extracted from the mature fresh fruit bunches (FFBs) of oil palm plantations. One hectare of oil palm yields approximately 20 FFBs, which when crushed yields 6 tons of oil tons of oil (including the kernel oil, which is used both for edible &Indus trial purpose).

AVAILABILITY IN :Tins Bottle : : 15 kg. 1 liter

ZAIKA PRODUCTS

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

The Gokul also produces different product as per the name of zaika product like cottonseed oil, cooking oil, palm oil, reseeded oil, soybeans oil & vegetable oil in available of different type of weight in different packing tin in the market for the society.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

COTTONSEED OIL
Zaika refined Cottonseeds oil is very stable oil with a long safe life. This oil does not deteriorate even at high temperatures. Also, its bland flavor retains the test of the food in which it is used. it is ideal for deep frying & for commercial use.

Available in :Pouches Tins Pet Bottles : : : 1 liter 15 liter & 15 kg. 1 liter

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

SOYABEAN OIL
Gokul Refined Groundnut oil is traditionally preferred oil for deepfrying, as it preserves the natural aroma of the food cooked/fried in it. It is sourced from the best ground nut oil available in the country. Crystal clear oil, it is light to consume & is the preferred oil among various consumers.

Available In :Pouches Pet Bottles Jar Tins : 1 liter : 1 liter : 5 liter : 15 kg.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

VEGETABLE OIL
Gokul Vanaspaty Refined Vegetable oil is a simple blend of Refined Soyabean Oil& Refined Palmolein oil. By imbibing the qualities of both this oils that is deep frying of Palmolein & nutritive values of Soyabean, you can get the good ness of both the oils in one healthy well balanced oil.

Available In :Pouches Tins Pet bottles : : : 1 liter 15 liter & 15 kg. 1 liter

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

CORN OIL
Corn oil is odorless, has very little test, & has the high smoke points which makes it good for frying. It is also widely used in manufacturing salad dressing, mayonnaise & margarine. Corn oil contain s very little cholesterol. Its fatty acid content is 13%. Saturated 62%. Polyunsaturated & 25% monounsaturated.

Available In :Liner carton Pouches Bottles Tins : 200ml : 500ml & 1 liter : 1 liter : 15 liter & 15kg.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

COOKING OIL
Gokul extremely refined cooking oil, which is a refined palmolein, is clear & odorless oil that helps to bring out the aroma of the food cooked in it . it is stable to high temperatures especially during frying & it helps to maintain the flavor of your food. Thus,making it an excellent cooking medium for deep-frying. It is used in the preparation of fried snacks like French-fries & potato wafers. It is also a sources of vitamin A & vitamin E.

Available in :Pouches Tins Pet bottles : 1 lt. : 15 lt & 15 kg. : 1 lt

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

GROUNDNUT OIL
Gokul Refined Groundnut oil is a traditionally preferred oil for deep- frying, as it preserves the natural aroma of the food cooked/fried in it. It is sourced from the best ground nut oil available in the country. Crystal clear oil, it is light to consume & is the preferred oil among various consumers.

Available in :Pouches Jar Tins : 1 lt. : 5 lt. : 15 kg.

Pet Bottles : 1 lt.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

DE-OILED CAKE
D-oiled cakes have major sources of refoils for both humans & livestock. These are primary used as fertilizer or cattle food for additional processing they can also be used for edible purpose such as for edible purpose like bakery, ingredients, cereals, foods, drink, baby foods etc. The company wants to cover domestic or local market in districts & state. Mehsana, Banaskhatha, Kheda, Rajasthan, Hariyana. The production of reposed oil was about 17 lacks tones of which 10 lacks tones was exported.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

GRSL is an ISO 9001:2000 certified company. The quality Assurance Policy of Gokul is an intrinsic part of overall companys management strategy. The company believes in achieving complete customer satisfaction by providing products & services of consistent quality. Strict Quality Control Measures are taken at every step of the refining process to ensure the finest quality.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

The concepts of market are very important. Marketing is a comprehensive learn. It includes primary resources such as human resources, finance & management as well as a set of activities in order to direct the flow of goods & services from producer to consumer in the process of exchange & distribution. In this age, employment or employer both a play very important role in the business enterprise, every business depends up on the large extend on a quality or, skill, capacities knowledge, talented attitude etc. of its personnel management, thus a growth of business depend on willingness is an ability to worker for the employee.

Marketing may be difined as the process exchange between seller & buyer. It involves a number of inter related activities designed to plan promote, distribute & price a product or service in order to meet the wants & needs of bothe the parties in exchange. Transaction Viz : Consumer (buyers) & producer (sellers) define marketing as "The human activiry directed at satisfying needs & wants through exchange process."

But whole of visiting, Gokul Refoils & Solvent Ltd. of found that there is harmonious relationship between employee & mgmt. In this industry promoter also co-relationship between employee, labour, worker, & mgmt. The also consider the employee an own people, thus there are an affective utilization of human resources.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Marketing department can be organized around the products. It includes sales, dispatch, advertising, marketing strategy, collection of payments etc. The company has separate marketing department & it is organized in proper way. Marketing department of this company consists of purchase & sales activities. The company purchase raw material & make it finished products like mustard oil, ground-nut oil, vegetable oil, etc. & stores it in storage. The company sells it to the brokers as per their order. The marketing manager Mr.Ishwarbhai Tekvani, under whom marketing department can be organized in proper way. The branch office of this company is located at Ahmedabad. It is simple for meeting order or sending order. This branch is established for better co-operation & customer satisfaction.

Products of Gokul industry is a consumer products. The products company sold with the help of the agent and dealers the company is doing

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

marketing in domestic market as well as national market. The company has set the distribution channel of its own production and sales of products.

In todays economy, most producers dont sell their goods directly

to the

final users. The company has its own regional sales branch office. So the company sends goods to its regional offices & from that branch office distribution of goods to consumers is done. The distribution channel of the company is spread in whole Gujarat & also out side states. Gokul Refoils & Solvent Ltd. has adopted distribution channel of following; Producer Department

Carrying Forwarding Department

Dealers/ Distribution

Whole Seller

Consumer

Gokul Refoils & Solvent Ltd. use trade promotion for selling its products. The company give discounted gifts to the consumers. The company uses trade promotion stimulates sales & build a strong relationship with their customers.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Sales promotion consists of diverse collection of incentive tolls, mostly term, designed to stimulate quicker & greater purchase of particular services by consumers or the trade.

short

products or

There are three types of sales promotion. 1. Consumers promotion 2. Trade promotion 3. Business & sales force promotion Advertising is any paid form of none personnel communication to promote ideas, goods or services by an identified sponsor. The main purpose of advertising is to give information to the customers about the availability of new products in the market. In short advertising is paid form of publicity.

Advertising means any paid form of non personal presentation and promotion of ideas, goods or services by an identified sponsor. Marketing management must make four important decisions when developing an advertising program. Setting advertising objectives

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Setting budgeting Deloping advertising strategy (message decision & media decisions) Evaluating advertising campaigns Gokul Refoils & Solvent Ltd, can give advertising by channel, video, Film, wall painting, radio, T.V., Newspaper, etc.

Marketing research is the systematic design, collection, analysis & reporting of data finding relevant to a specify market, advertisement research, sales & market research. It deals with research about customer demand, behavior &attitudes of consumers & dealers at the market place, analysis of sales data, analysis of market share of a firm, etc.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Gokul Refoils & Solvent Ltd. has not research department but when the company has needed for new product then broker goes to market research & got data about market for the company.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Employees hold a key place in business. No of businesS enterpricse can exist and function without employees. The success of enterprise depends to a large extent on the quality of its personal. Human Resource department is one of the most vital department in any organization .No business enterprise can exist & function without employees. The success of the business enterprise depends to a large extent on the quality of its personal .

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Lawrence A. Apply , therefore wrote, Management is the development of people and the not the direction of things. Personnel management is the part of the process of management which is specially concerned with the people employed in the organization. Personnel management is the art of acquiring-developing and maintaining a competent workforce in a such a manner that help us in accomplishment of a maximum efficiency and objective of the organization.

SELECTION PROCESS
The objective of selection process is to determine whether the applicant meets the qualification for the a specific job & to choose the applicant who is most likely to perform well job .

Selection process is the concerned with choosing the best candidates among the best, means choosing candidates from the possible & potential candidates.

Gokul refoils & solvent ltd. has the following selection process.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

To check the background of the applicant . Physical examination of the selected applicant in which the company check physical ability of the candidates. To select the best applicant & send the call letter To take interviews of that applicant for testing their knowledge for the required work.

RECRUITMENT PROCESS
Recruitment is the first step in employment process which aims at developing

and maintaining adequate manpower resources .Recruitment is a process of searching for prospective employees and simulating them to apply of the jobs in the organization.

Recruitment is the process of searching for prospective employees & stimulating & encouraging them to apply for the job in an organization .

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Gokul refoils & solvent ltd .has accepted recruitment through both the sources as per the recruitment. For the recruitment of the staff, the company uses internal & external sources & for the recruitment of the workers, it mostly uses external sources.

Gokul Refoils & Solvent Ltd. has a sound & satisfactory wage & salary structure. The company pays salary to the employees as per their skill. The company pays better salary than its competitors for attracting qualified & competent employee. Wages & salary administration refers to the establishment & implementation of sound policy & practices of employee compensation. There are various factors, which may influence the process fixation of wage for worker.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Wage means the amount paid to the labour for his services to the employee. The salary is defined as the remuneration paid to the clerical and managerial personnel employed on monthly or annual basis. Wage of the operational person depend on its working hour caudally persons salary is minimum Rs. 125/- day at working 8 hour in the company and permanent employees salary per day is Rs. 155/- in the company. salary given to the employee at ending the month and overtime of the employee also meet at the monthly wages. Un skilled Semi skilled Skilled 3250-5000 Rs.per month 5000-10000 Rs. per month 10000-20000 Rs. per month

In Gokul Refoils & Solvent Ltd., they provide different wages to different employees. The scale of wages per a day is given as under ; Unskilled worker Skilled worker 125 Rs. 155 Rs. to 600 Rs.

In most organization in GOKUL REFOILS & SOLVENT LTD promotion & transfer due to employees performance and loyally for job. They are used first their internal source of vacantlyby giving the promotion or increment to the employee. Dicistion like promotion & transfer are taken by the management. Management observe the performance of employees past data about his work. His loylty toward his job. After that management full that employee is perfect for the job. Then they are giving promotion & transfer to the person.

TRANSFER

Transfer refers to the change of job within an organization to the same position in another department for the following purpose :-

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

To satisfy the needs of the organization. To utilize properly service of an employee. To fill up existing vacancy. To increase versatility of an employee. To meet an employee own interest.

PROMOTION

In Gokul Refoils and Solvent Ltd., while giving promotion to the employees, they do not consider seniority basis but consider merit basis means the company involves the performance review of the employee for promotion procedure. Promotion means advancement in job & increase in authority, responsibility and pay scale of an employee. Most organization promotes their employees either on the basis of their seniority or on the basis of their merits.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

SHIFT OF THE EMPLOYEE


First shift : 7.00am To 3.00pm

Second shift : 3.30pm To 12.00pm Third shift : 0.00am To 7.00am

RECORDS OF THE EMPLOYEE


Name with surname Address Religion Designation Educational qualification Information about family

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Marital status Type of work

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

According to Ronald, financial management is the process of organizing the flow of funds so that business can carry out its objectives in the most efficient manner & able to meet its obligation. Financial management is the management activities, which is concerned with the planning & controlling of the firms financial resources. Every business whether it is profit motive or non- profit motive requires the finance to survive or expand its business. There for we can say that establishment, survival or expansion of any organization depends upon how effective organization is able to raise the fund as & when needed. In Gokul Refoils & Solvent Ltd., there is separate finance department which performs the functions of procurement of funds & allocation of this funds for purchasing fixed assets as well as for meeting day today requirements.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

The Financial Highlights for the last three years are as follows (Converted in to Indian Rupees) (Rs in Lakhs) 1992 Incorporated as a private limited company on December 29, 1992 Setup a small processing plant at Sidhpur Converted into a public limited company w.e.f. from May 2, 1994 Increased in production capacity be setting up 200 TPD seed processing and solvent plant and 200 TPD refineries. Achieved a turnover of ~ Rs. 100 Crores Obtained ISO 9001:2000 certification for Sidhpur plant We setup a wholly owned subsidiary in Mauritius Setup a refinery of 800 MT and Vanaspati plant of 100 MT at Gandhidham Achieved a turnover of ~ Rs. 500 Cores Inauguration of our Corporate House at Ahmedabad Achieved a turnover of ~ Rs. 1000 Crores Mr. Kanubhai Thakkar, Managing Director, receives Oil Man of the year award by Globoil India Our Company received an award from the Malaysian Palm Oil Promotion Council. Initiated an aggressive brand building exercise, film actress Sridevi endorsed our products, as our Brand Ambassador

1994 1999 2000 2002 2003 2004 2005

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

2006

Setup four wind mills of 1.25 MW each and co-generation power plant of 500 KWH in Kutch to strengthen our in-house capabilities and enhance operational efficiency. Increased focus on export business Obtained ISO 9001:2000 certification for our Gandhidham plant Modernization and expansion plan of our Sidhpur plant by increasing production capacity.

2007

Achieved a turnover of ~ Rs. 1500 Crores Purchased an operational 100 TPD refinery in Surat We setup a wholly owned subsidiary in Singapore Expansion of Surat plant from 100 TPD to 400 TPD Initiated the setup of our 1500 TPD Soyabean processing plant near Gandhidham Entered into a MoU with GMDC for a 110/125 MW Captive Power Plant

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Financial planning means deciding in advance the financial activities to be carried on to achieve the basic objective of the firm. The basic objective of the firm is to get the maximum profit out of the minimum efforts or to maximize the wealth of the corporation its shareholders in an efficient manner. In Gokul Refoils & Solvent Ltd. financial planning is also done for determining accurate figure of requirement of funds. They make monthly forecast of funds. The company requires more funds in the months of April & May for purchasing the raw material because seeds are generally available in that month.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Capital structure of the company refers to the make up to its organization. i.e., type of securities to be issued & the relative proportion of each type of securities in total capitalization. Generally mgmt formulate capital structure in advance & raise finance as required according to a predetermined plan. In some companies, however capital structure planned consciously, but finance is raised through various sources as & when required.

Year 2008-09 2009-10 2010-11

Amount(Rs In Crores) 613.75 613.75 613.75

The value of all surplus- earned capital . The value of ordinary & preference shares. The value of long term loan . The value of bound & securities still not redeemed.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Its natural that without profit no-one from or unit can stand in market. A firms financial position can be assured with the help of profitability. In fact, the establishment of any firm or company is with the motive of profit earning.

Profitability Ratio =

Net Profit * 100 Sales

Year 2006-07 2007-08 2008-09 2009-10 2010-11

Amount(Rs In Crores) 1581.13 1532.97 920.26 1428.37 1546.52

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

PARTICULARS INCOME SALES OTHER INCOME EXPENDITURE RAW MATRIAL CONSUMED MANUFACTURING EXP.. EMPLOYEES EMOLUMENTS OTHER EXPENDITURE INTREST DEPRICIATION PROFIT/(LOSS)FOR THE YEAR PROVISION FOR TAXATION Profit for the year

AMOUNT 2006-07 573740860 225000 573965860 320264941 57572893 43780322 92922282 33450994 4857785 552849217 21116640 1583748 19532892

AMOUNT 2005-2006 376733278 120775 378854053 227337502 35356153 253330092 47530604 20840187 2671793 359665331 17188773 1288633 15900140

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Profit & loss A/c


Mar '11 12 mths Mar '10 12 mths Mar '09 12 mths Mar '08 12 mths Mar '07 12 mths

Income
Sales Turnover Excise Duty Net Sales Other Income Stock Adjustments Total Income Expenditure Raw Materials Power & Fuel Cost Employee Cost Other Manufacturing Expenses Selling and Admin Expenses Miscellaneous Expenses Preoperative Exp Capitalised Total Expenses 4,539.81 5.76 4,534.05 13.95 18.40 4,566.40 4,068.22 52.01 20.78 14.64 225.26 10.92 0.00 4,391.83 2,821.37 5.09 2,816.28 30.25 146.30 2,992.83 2,680.46 35.12 13.57 17.01 111.14 8.11 0.00 2,865.41 2,734.79 3.07 2,731.72 -34.73 -9.15 2,687.84 2,414.90 30.30 9.97 15.22 100.77 9.23 0.00 2,580.39 2,056.56 0.78 2,055.78 8.56 91.60 2,155.94 1,844.81 14.89 7.65 12.05 128.64 7.24 0.00 2,015.28 1,564.17 1.08 1,563.09 8.88 33.76 1,605.73 1,414.83 14.65 4.31 6.95 91.05 3.76 0.00 1,535.55

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Balance sheet
Mar '11
12 mths Sources Of Funds Total Share Capital Equity Share Capital Share Application Money Preference Share Capital Reserves Revaluation Reserves Networth Secured Loans Unsecured Loans Total Debt Total Liabilities 26.38 26.38 0.00 0.00 411.47 0.00 437.85 284.96 100.12 385.08 822.93 26.38 26.38 0.00 0.00 354.40 0.00 380.78 318.72 0.00 318.72 699.50 26.38 26.38 0.00 0.00 316.06 0.00 342.44 187.17 22.50 209.67 552.11 19.22 19.22 0.00 0.00 173.30 0.00 192.52 202.86 57.51 260.37 452.89 18.41 18.41 0.00 0.00 105.43 0.00 123.84 70.13 19.46 89.59 213.43

Mar '10
12 mths

Mar '09
12 mths

Mar '08
12 mths

Mar '07
12 mths

Mar '11
12 mths Application Of Funds Gross Block Less: Accum. Depreciation Net Block Capital Work in Progress Investments Inventories Sundry Debtors Cash and Bank Balance Total Current Assets Loans and Advances Fixed Deposits Total CA, Loans & Advances Deffered Credit Current Liabilities Provisions Total CL & Provisions Net Current Assets Miscellaneous Expenses Total Assets 442.74 107.65 335.09 12.28 50.38 475.45 369.84 12.22 857.51 196.06 0.77 1,054.34 0.00 619.91 9.26 629.17 425.17 0.00 822.92

Mar '10
12 mths

Mar '09
12 mths

Mar '08
12 mths

Mar '07
12 mths

402.61 78.15 324.46 10.40 16.40 566.17 186.32 3.13 755.62 150.64 3.80 910.06 0.00 556.98 4.85 561.83 348.23 0.00 699.49

229.83 53.22 176.61 96.55 21.04 312.43 85.17 23.03 420.63 117.90 56.15 594.68 0.00 332.14 4.64 336.78 257.90 0.00 552.10

203.10 35.60 167.50 1.42 13.27 401.90 89.77 16.91 508.58 45.82 49.37 603.77 0.00 328.65 4.42 333.07 270.70 0.00 452.89

126.93 23.39 103.54 11.94 13.34 163.67 96.70 22.64 283.01 18.57 27.12 328.70 0.00 240.47 3.62 244.09 84.61 0.00 213.43

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Contingent Liabilities Book Value (Rs)

212.43 33.20

195.40 28.87

144.71 129.81

50.35 100.16

48.76 67.26

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

CURRENT RATIO
CURRENT RATIO = CURRENT ASSETS CURRENT LIABILITIES

2003 = 195750153 77543123 = 2.52 2004 = 241589509 69230566 = 3.49 : 1

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

NET PROFIT RATIO


Net profit ratio = net profit * 100 sales
2003 = 16349257*100 1348714503 = 1.21 : 1 2004 = 13377074*100 1624333459 = 0.82 : 1

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Gross Profit Ratio: Gross profit 100 Sales 2009 _ 518940000100 450034000
= 115.31%

2008

_ 743726000100 493973000
= 150.56%

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Operating Ratio: cost of goods sold + Operating ex.100 Total Sales 2009 _ 1492312000 + 101547000100 450034000
= 354.16%

2008

_ 1712729000 +162826000100 493973000


= 379.69%

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Debtors Ratio: Debtors + Bill receivable 365 Credit Sales 2009 _ 8000000 365 51200000
= 56.25days

2008

_ 7200000 365 51200000


= 50.625days

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Rate of return on shareholders funds ratio:

Net profit 100 Shareholders funds

2009

_ 45372000100 288532000
= 15.73%

2008

_ 67332000100 280235000
= 24.03%

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Acid test ratio:

Liquid liabilities Liquid assets _ 17734065000 10640439000


=5 3

2009

2008

_ 28096800 14048400
=2 1

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Stock turn over ratio: cost of goods Average stock 2009 _ 1492312000 66465522
= 22.45

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Current ratio:

Current assets Current liability

2009

_ 3073141000 800398000
= 3.84:1

2008

_ 3599537000 933691000
= 3.90:1

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Proprietors funds ratio: Proprietors funds total assets 2009 _ 67424459000 3073141000
= 21.94

2008

_ 69576395000 922691000
= 75.40

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

gokul

PALANPUR

SIDDHPUR

UNJHA PATAN

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Promoter Mr. Balvantsigh C. Rajput. C.A. Prakash Agarwal B.O.D. Six B.O.D. Worker 150 Employees 250 Set up the other plants (1992) May Opening years (1993) August solvent plant (1998) Mineral water plant Benefits given Bonus 15% to employees Welfare facility, Group insurance facility free medical Cheek-up, Loan facility.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

CONTRIBUTION OF THE UNIT TO THE INDUSTRY

Now a days a contribution of an industry becoming very important into industrialization. The Gokul Refoils & Solvent Ltd. is done progress very effectively the company is having number one in the production of oil in North Gujarat. The unit is producing quality products & also creates good market for its products. The selling of the product of GRSL is increasing day by day. Gokul Refoils & Solvent Ltd. contribution greatly to the industry. This unit has good profit & remarkable turnover in present condition. On the base of present situation, we can assume that the future of unit is quite good. In future, the contribution of this unit will be effective in industry.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Chairman M.D. Whole time Director Management Representative

Exe. Dir. Exe. Dir. Export/Import Loose Oil Packed Oil Sales/Pur. Sale/pur. Prod. Mgr.

Seeds Sales/Pur.

Eng. Stores Material Pur. Refinery & Stores

Gandhidham Office

Broker & Salesman

Baroda Office

Ahemedabad Office

Stores

lab. In

BSS Plant In charge

Oil Mill RM Store

Solvent Plant In charge

Utilities

In Charge Charge

BSS RM Stores

Oil Mill In charge

Solvent RM Stores

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Chairman

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Mr. Balvantsigh

Managing Director Mr. Kanubhai

Personnel Mgr. Mr. K.D.Raval

Recruitment & Selection

Wages & Salary Administration

Labour Welfare

Training & Development

Industrial Relations

GRIEVANCE HANDLING PROCEDURE

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Grievance is described as anything which an employee thinks or feels is wrong & is generally accomplished by an actively disturbing feeling. In the opinion of the national commission on labors, complains affecting one or more individual workers in respect of wage payments, overtime, leave transfer, promotion seniority, work assignment & discharge constitute grievance. Every organization needs a permanent procedure for handling grievances. This procedure usually consists of a number of steps arranged in hierarchy. The number of this steps various with the size of the organization. Gokul Refoils & Solvent Ltd. has less chance of grievance because of good relationship between mgmt & workers. There is no any other Labour problem in this company.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

BIBLIOGRAPHY
BOOKS:
HUMAN RESOURCE & PERSONNEL MANAGEMENT K. ASWATHAPPA 3rd EDITION

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

PRINCIPLES OF MARKETING KOTTLER & ARMSTRONG 10th EDITION


PRINCIPLE OF MANAGEMENT PRINCIPLE OF ECONOMICS FORM OF BUSSINESS ORGANISATION

WEBSITES: www.google.com www.grsl.com www.gokulgroup.com

S.W.O.T. ANALYSIS STRENGTH:


Good public relations Wide product range Advantages of location Good market reputation

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

WEAKNESSES:

Price competition Keen competition of substitute product High rate of seasonal fluctuation

OPPORTUNTIES: Companys growth rate high Wider chain for exporting Rapid expansion with different flavors

THREAT: Heavy market competition Large fluctuation in demand Competitor in foreign market

A way through which goods flows from the producer to the consumer is called channel of distribution. In todays economy, most producers dont sell their goods directly to the final users. The company has its own regional sales branch office. So the company sends goods to its regional offices & from that branch office distribution of goods to consumers is done.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

The distribution channel of the company is spread in whole Gujarat & also out side states. Gokul Refoils & Solvent Ltd. has adopted distribution channel of following; MANUFACTURER BROKER RETAILER CONSUMER

CONCLUSION
The company started in small scale and become the largest company by its good performance. The company has proven that "Every thing is possible if all the work is done in right manner," GOKUL REFOILS & SOLVENT LTD not to work for profit but it provides good product to Customers health and satisfection of a reasonable price. GOKUL REFOLIS & SOLVENT LTD., also takes care of nature at oil plant (siddhpur). I have found no type of pollution.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

I found that company's Marketing strategy, financial position, &Human Resource Management are very satisfactory. Here I am ending Project Report of our during period time 21 days GOKUL REFOILS & SOLVENT LTD.that is best progressive company. The company will have bright future. The next millennium will see GOKUL REFOLIS & SOLVENT LTD. Geographic expansion both in International as well as in Domestic market.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Organization of finance department means the division & classification of various functions, which are to be performed by the finance department. The responsibility for financial management are spread through out the organization in the sense that financial mgmt, to on extent, an integral part of the job of finance manager involve in planning, allocation of resources & control. In Gokul Refoils & Solvent Ltd., organization of finance department is done according to the nature & size of the business. All financial decisions are taken in this department & financial functions are done effectively.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Ghandhi dham plant

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Haldia plant

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Siddhpur plant

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

Surat plant

M.K.SCHOOL OF BUSINESS MANAGEMENT, PATAN.

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