"Financial Statement": Lovely Professional University

LUMINOUS ENGG. & TECH. SERVICE PVT.
LTD
LOVELY PROFESSIONAL UNIVERSITY

DEPARTMENT OF MANAGEMENT
REPORT OF SUMMER TRAINING
ON
FINANCIAL STATEMENT
SUBMITTED TO
SUBMITTED BY
Megha Singh
REG NO: 11006957
UNDER THE GUIDANCE OF
Mr. Rajesh Negi (Sr. Manager, F& A)
Table of contents
Lovely professional university
Page 1
LUMINOUS ENGG. & TECH. SERVICE PVT. LTD
Chapter
1
2
titles
Declaration
Acknowledgement
3
4
page no.
Preface
EXECUTIVE SUMMARY
5
6-7
OBJECTIVE OF THE PROJECT
Company profile
9-14
Swot analysis
15 - 16
History of the company
17- 20
Management Team
21- 22
10
Detail About the Company
23-33
11
Main Product of the company
34- 49
12
13
Awards
RESEARCH METHODOLOGY
50
51- 53
14
Financial statement
15
Introduction
55- 56
16
annual report
58- 59
17
Financial statement analysis
54
60-64
18
Data Analysis
65-72
19
Data interpretation
73 -77
19
Conclusion and Recommendation
78-80
20
limitation
81
21
Literature review
82-84
22
BIBLIOGRAPHY
Page 2
85
DECLARATION
I, MEGHA SINGH undersigned, a student, LOVELY PROFESSIONAL UNIVERSITY,
JALANDHAR, declare that project report titled Financial Statement submitted in
partial fulfillment of the requirement for the prestigious degree of Bachelor of Business
Administration. The project duration was from 11th June 2012 to 25nd July 2012.
This is my original work and has not been submitted as part of another degree or diploma of
other business school or university.
The findings and conclusions of this report are based on my personal study and experience
during the tenure of my summer internship.
Name: MEGHA SINGH

JALANDHAR
Signature: Megha Singh

Date: 25nd July 2012
Place: LUMINOUS (DELHI)
Page 3
ACKNOWLEDGEMENT
I would like to extend my gratitude to Mr. Rajesh Negi (Sr. Manager, F& A in Luminous)
for giving me opportunity to work in such an important sphere and sharing his vision and
experience. He provides me the opportunity to learn and complete my Summer Internship in
this esteemed organization.
I also take the opportunity to thanks LOVELY PROFESSIONAL UNIVERSITY for the
guidance and invaluable inputs in the development of the project and in terms of managing
the real time issues that we faced in the corporate world.
Last, but not the least I would like to extend my thanks to all the employees at finance
department, my family and friends for their cooperation, valuable information and feedback
during my project.
MEGHA SINGH
Lovely Professional University
Jalandhar
Page 4
PREFACE
I have been completed summer training in luminous engg. and technology pvt. ltd. With the
summer training in this company, I hope to reach a much wider section of the financial report
and annual report in this industry.
This financial statement helps us to improve our sells and marketing. We can decide our
profit of loss and further improvement in the industry.
I will be grateful to LUMINOUS for giving me the opportunity to be part of this repudiated
organization and help me throughout in understanding some of the important facts concerned
with this prestigious institution.
During the training Mr. Sumanta Prasad and Rajesh Negi which helped me in the formulation
technique. I am grateful to them for their keen interest in my project.
Page 5
EXECUTIVE SUMMARY
A financial statement is a formal record of the financial activities of a business, person, or

other entity. Financial statements are records that provide an indication of an individuals,
organizations, or business financial status. Income financial statements present information
concerning the revenue earned by a company in a specified time period. Income statements
also show the companys expenses in attaining the income and shareholder earnings per
share. Financial statement analysis involves careful selection of data from financial
statements for the primary purpose of forecasting the financial health of the company. This is
accomplished by examining trends in key financial data, comparing financial data across
companies, and analyzing key financial ratios.
This project explains in detail the concept of financial statement of the
company and how it is operated in an organization. Various ratio analyses have been taken
out on the basis of data provided so as to find out the trends of financial statement in the
Luminous Engg. & Tech. Service Pvt. Ltd. There is the brief study of the LUMINOUS
Inverter Company. In order to draw conclusion about the Financial position of the company,
the present financial statement of the company should be compare with the previous one.
Every company have their Summary of revenues, expenses and net income (or net loss) of a
firm. Their income and balance sheet are used to know the position of the company in an
accounting period.
LETS is a mutidisplinary design engineered and
geometrics service provider. LETS has been supporting its customers globally for more than
15 years and is one of the most cost effective and reliable services provider in the area of
design engineering and geospatial knowledge process with presence in three continents.
Engineering services includes complete design, drafting and detailing in the field of green
energy, land development, structural, architectural, transportation, oil & gas and MEP
engineering. Our energy, water, land, building and infrastructure group is highly experienced
Page 6
in code based engineering designing and drafting in multiple developed and developing
countries worldwide.
Geometrics service includes urban mapping solution, utility information system, land
information system, land cadastral mapping , topographic mapping and surface modeling,
forestry mapping, geological mapping and flood mapping. LETS also provides data
processing, quality control and data modeling services with the help of our very qualified and
experienced consortium member worldwide.
Telecom and wireless group at LETS has extensive experience in the area of construction
engineering and design (A&E services) for wireless and telecom sites and tower for major
carries across the globe. LETS have ability to provide cost- effective services that are
scalable for the entire telecom and wireless engineering and they construct life-cycle to
provide the clients the strength for their fast and optimized growth.
The company financial position provide the cost effective methods. Though,
this company will able to know the profit of and growth of the company and can easily know
their future budgets and profit margins.
Page 7
OBJECTIVE OF THE PROJECT

To understand the concept of FINANCAIL SATATEMENT.
To understand the techniques and processes of preparation of FINANCAIL

STATEMENT at LUMINOUS.
To analyze the effectiveness and efficiency of the existing financial position to

Control system.
To compare the working capital position of luminous with other players in the
market.
To find out areas of weakness, if any.
Page 8
Luminous
Engineering &
Technology
Services
(LETS)
Page 9
Company
profile
Evolve > Enable > Excel
Page 10
AN OVERVIEW OF THE COMPANY

Luminous Engineering & Technology Services (LETS), an ISO-9001 certified, is a decade
young vibrant organization providing solution in the domains of engineering services, GIS,
software consulting & development to diverse worldwide clients. LETS is providing
comprehensive professional consultancy services for all facets of planning, preliminary and
detailed engineering design, GIS & IT projects. LETS has emerged as a fore-runner in
offering technically sound and cost effective solutions, which have received client
appreciation and satisfaction.
With a team of about 140+ experienced engineers/GIS &
software professionals, LETS, constantly strives to offer value to clients in the form of
domain expertise, technical knowledge and process orientation.
This arm of the use 45 million LETS of companies has expertise in:
Setting up of resource centers.

Providing high- end engineering services (land development, transportation,
architectural, publics works, process engineering).

Providing end to end GIS application & data conversion services.
Providing comprehensive CAD related digital data creation
Developing GIS software solution, GIS application customization and product,
maintenance & support and it enable services.
LETS is a rapidly evolving information technology
company that provide back office engineering services, application development and
software consulting in the GIS domain to clients across the world.
Luminous Power Technologies (P) Limited, today a leading company delivering high quality
power products for home and commercial applications. Luminous Engineering &
Technology Services Private Limited, pronounced "Luminous ETS" is a rising
organization providing solutions in the domains of Multidisciplinary Engineering Design &
Geometrics Services to global market. It is one of the fastest growing Engineering Services
off-shoring vendors in India. Luminous ETS is a part of SAR Group. The company's group
portfolio includes Power Backup, Industrial Batteries, Renewable & Alternate Energy
Page 11
solutions like Solar, Wind & Hybrid solutions, Infrastructure Solutions for IT & Telecom,
Diesels Generator Sets and Home Electrical Products.
Luminous, apart from its dominating position in the domestic market, has a strong foothold
worldwide. Luminous has been consistently winning awards & accolades for market
leadership and product reliability in domestic as well as international area. With over 3000
employees, 8 manufacturing units in India and 1 manufacturing unit in China, 28 sales
offices and more than 25000 channel partners, Luminous is strongly moving towards
realizing its vision to be a globally admired corporation in the field of packaged power,
distributed power generation, energy optimization & home electrical products.
Luminous, known for its excellent after sales service, now goes a step ahead in winning your
trust by providing a special post warranty service for inverters, batteries, and UPS and water
purifiers. This initiative ensures a complete peace of mind for our customers and takes care
of all product related worries during and after the warranty period. It's just another way of
telling our customers that 'we care'.
Luminous offers a world class range of inverters and long backup UPS which have seen the
light of the day only after going through extensive research and development worth millions
of dollars. Our undiluted focus on the dynamic power requirements of the customer has
driven us to continuously innovate and come out with technologies which have become a
benchmark for the whole industry and resulted in products offering great value to the
consumer, no doubt we are the leaders in the domestic market and strive to be a prominent
international player in the segment.
The PV modules offered by Luminous are specially designed to meet the requirements of the
market and are available in various ranges from 3W to 255W using well proven and field
tested technology of crystalline silicon solar cells. These high quality and high
Page 12
performance modules are suitable for power

generation and tested visually, mechanically and electrically according to the standard test
conditions applicable worldwide.
Luminous Power Technologies is in an aggressive expansion mode with the latest offering
being DG Sets. This state of the art residential DG Sets will make sure that your family will
enjoy life uninterrupted while at home or away.
Luminous policies direct at Customer end - response within 24 hours. Dealer / Distributor
level Service - Based on Pre Journey Plan
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Swot analysis
Opportunity
As There is many subsidiary of the luminous industry so its help in the
growth of the company in coming year

There are rapid Growing international and domestic markets.
The Retain customers by quality supplies and timely deliveries of the product.
The company has Product diversification. There is lot of scope for
diversification into other products

The company having High investment in infrastructure sector
Page 15
Strengths
The company has easy availability of raw materials and other
inputs for their production.

Strong supply chain in the market
They have Well-established linkages with buyers with domestic
and international
Company having Low cost, high skilled labour for their
production and growth.

They have huge institutional support for technical services,
designing, manpower development and marketing.
Use of modern technology.
Threats
There are High duties and taxes from the government which may cause slow
in the growth of the company.

Global slowdown in the economic
Fast changing in the technology

As much company was in this field of power and technology so it has hard
competition to be in market.
Weakness
Because of the many competitors in this field, its growth for new product makes their
production low.
The company is not properly stabilized in the many states.
unfamiliar rural markets
History of the company
Page 16
Company was founded in 1988 by Mr. Rakesh Malhotra, the SAR Group is a Delhi based
group of companies which started with the marketing and distribution of DB UPS and
Standard Batteries. SAR has also handled the distribution of Lubricants for some time.
1992- Direct Sales of Luminous Inverters.
1994- Luminous Inverter Channel Sales initiated.
Luminous UPS Launched.
1997- Sar Softech Pvt. Ltd. is established.
Sar Adventure Tourism & Holidays Pvt. Ltd. is established.
1998- Luminous Inverter Channel Sales Delhi NCR.
1999- Luminous Inverter Channel - North India.
2002- Luminous Inverter Channel - National Penetration initiated.
Luminous LPG Geysers Launched.
Tez Inverters Launched.
2003- Luminous Inverter National Reach through 100 plus distributors and 4000
plus resellers and growing.
Luminous Electric Storage Geysers Launched: February 2003.
India's First Zero Pollution Inverter Launched - Luminous Bi2 Zero P: May 2003
Luminous Tiranga Inverters Launched: July 2003
Luminous Water Purifiers (UV and RO) Launched in Delhi & NCR.
Luminous LPG Geysers Launched: November 2003
Luminous Emergency Light Launched: November 2003
2004- Tez LPG Geyser Launched: January 2004

Luminous Eagle Picher Technology Tie-Up: Feb 2004
Luminous Coolers Launched: March 2004
Tez Coolers Launched: March 2004
Luminous EaglePicher Batteries Launched: April 2004
Luminous iON Inverter Launched:August 2004
Page 17
2005- Luminous Minimax Inverter Launched: February 2005

Luminous Crystal RO Water Purifier Launched: March 2005
Luminous Home UPS Launched: May 2005
Luminous Sinewave Inverters Launched: May 2005
Mr. Rakesh Malhotra,CEO

Rakesh Malhotra, Founder and CEO, Luminous Power Technologies said: "The Indian
consumer is always looking for value for money products and so without compromising with
the quality and performance, we still provide easy-on-pocket products to our customers.
Vision and mission

Vision
Page 18
We want to be among the top engineering design support services companies in India in the
next few years, providing quality engineering services to a global customer base in our
chosen domains. To be a global leader in the field of Packaged Energy, Power Products,
Distributed Power Generation and Environment friendly new Technologies.
Mission
To deliver superior products at competitive prices to worldwide customers and superior
financial performance to our stake holders by constant innovation in technology and constant
improvement in operational efficiency.
Quality Policy / Processes

Luminous ETS shall strive to delight customers for
the global market by providing on time, efficient
and cost effective Information Technology enabled
engineering services and software products through
total involvement of its people, continual improvement of processes and using cutting edge
technology.
Objective
To work with the dynamic goal oriented organization. The knowledged and skilled persons
will provide with an opportunity to contribute as a part of the high performance team. and to
give customers a good quality of services.
Corporate Philosophy
Page 19
We will constantly listen and respond to our Employees, End Customers, Channel
Partners and Suppliers.

All our products and processes will be associated to meet the end customer needs.
We will constantly improve the quality of our products and services.
We will be a lean and flexible organization that quickly and correctly responds to
business opportunities.
All our employees, suppliers and channel
partners must make a measurable, positive
contribution towards the success of our
business.
All aspects of our business will be
quantified and performance measurement
will be directly linked to business
decisions, compensation and rewards.

We will create a work environment where
employees are encouraged and rewarded for innovation and continuous improvement.
Management Team
Page 20
Rakesh Malhotra - Founder

Mr. Malhotra, is the promoter of LETS. Mr. Malhotra is an Electronics Engineer by
profession and has close to 30 years of experience in business and business management,
including being the promoter of the Luminous Group. Mr. Malhotra has oversight of the
overall growth and progress of the company and actively participating in the overseas
marketing and strategic tie-up activities.
Swarup Chakrabarti - CEO & Director

Mr. Chakrabarti is a Mechanical Engineer by profession with more than 18 years experience
in the GIS and Engineering services business. He has worked in large companies like L&T
including a time of 3 years spent in the USA in managing business development and projects.
Mr. Chakrabarti is the overall head of all day-to-day activities in operations and business
development.
Dr. Prabhudatta Mohapatra - CEO, LETS Inc.

Dr. Mohapatra is an Environmental Scientist by profession and has about 25 years of
experience in managing business and business operations. Dr. Mohapatra is the head of the
LETS operations in USA and leads all efforts in client engagement, business development
and local administration.
Manjit Sandhu - VP, Strategic Alliances and JV

Mr. Sandhu is a Civil Engineer from IIT with an MBA from IIM Bangalore and has been
settled in the USA for the last 28 years. He has held several senior managerial positions with
corporations like L&T and Eicher and is engaged as an advisor on strategic alliances and JVs
for the North American market.
Raja Mohanty - Sr. VP, Operations

Raja is an MBA with close to 20 years of diverse experience in various fields including
several different roles relating to HR and Administration. He has been associated with the
group for close to 10 years.
Kishore Das - VP, Operations
Page 21
Kishore is a qualified Company Secretary with close to 20 years of diverse experience in

various fields including project execution in Remote locations. He has been associated with
the group for close to 6 years.
K. Sreenivas - VP, Quality and Process Engineering

Sreenivas is a Graduate Mechanical Engineer with a Masters in Industrial Engineering with
over 23 years experience in Quality and Process Engineering. He has spent about 10 years in
various roles in manufacturing operations and then spent about 13 years in GIS and
Engineering Services companies including InfoTech Enterprises and Avionics.
A. Ramgopal Raju - General Manager, GIS

Ram Gopal has a Master of Technology in Remote Sensing & GIS (Spatial Information
Technology) from JNTU, Hyderabad and has about 12 years of working experience in
various roles in the field of GIS and Remote Sensing. Ramgopal manages the Quality and
Support for all GIS projects in LETS.
Kapil Sharma - General Manager, Business Development

A Senior Executive, (MBA in Sales) with over 13 years of International and domestic
experience in International sales management and business development in the high tech
ITES industry. Strategic thinker with excellent problem solving, client handling and people
management skills in cross cultural/global environments. HE is Responsible for "Geospatial
and Telecom A&E services" in Americas.
Page 22
Detail About the Company
Luminous Power Technologies Pvt Ltd. - Alternative Energy - Deals and Alliances Profile Luminous Power Technologies (P) Limited (Luminous Power) is an Indian company
delivering high quality power products for home and commercial applications. Its business
line includes products and services in telecom infrastructure & renewable energy systems
like solar, wind and hybrid solutions. The company's portfolio comprises Power Backup,
Power Storage, Distributed Power Generation, Renewable & Alternate Energy solutions and
Physical infrastructure solutions for IT & Telecom, Engineering Design & Support services,
Plug-in Hybrid Electric Vehicles and mobile phones & accessories. It also focuses on
technology development on the areas such as power electronics, batteries and stored energy,
packaged power and renewable energy system.
The company's Enterprise Business Group (EBG)
provides complete solution in enterprise-wide power & connectivity solutions to corporate
offices, telecommunication service providers, data centers, health care centers and process
industries. Its Global Technology Centers located in India, United States & China deliver
high technology products following its proprietary UGC (Universal Grid Compatibility)
process. The company's client list comprises Indian corporations, telecommunication,
banking and finance, it and software, press and media companies, government organizations,
medical and diagnostics institutions and engineering and projects sector. It operates
domestically and internationally in 32 countries worldwide. The company has production
facilities for batteries, inverters, tubular battery and telecom infrastructure, available in India
and China. Luminous Power is headquartered in New Delhi, India.
Luminous Power received Frost & Sullivan Industry Technological Leadership Award
for Market penetration in DC-AC Inverters in Non Renewable Energy markets in Asia
Pacific.
Page 23
Luminous Power Technologies Pvt Ltd. - Alternative Energy - Deals

and Alliances Profile provides you comprehensive data and trend analysis of the company's
mergers and acquisitions (M&As), partnerships and financings. The report provides detailed
information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture
Financing and Partnership transactions recorded by the company over a five year period. The
report offers detailed comparative data on the number of deals and their value categorized
into deal types, sub-sector and regions. Global Data derived the data presented in this report
from proprietary in-house, alternative energy track deals database, and primary and
secondary research.
Scope
Page 24
Financial Deals - Analysis of the company's financial deals including Mergers and
Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and
Partnerships.
Deals by Year - Chart and table displaying information encompassing the number of
deals and value reported by the company by year, for a five year period.
Deals by Type - Chart and table depicting information including the number of deals
and value reported by the company by type such as Mergers and Acquisitions,
Equity/Debt Offering etc.

Deals by Region - presenting information on the number of deals and value reported
by the company by region, which includes North America, Europe, Asia Pacific, the
Middle East and Africa and South and Central America.

Deals by Sub-sector - showing information on the number of deals and value
reported by the company, by sub-sector.

Major Deals - Information on the company's major financial deals. Each such deal
has a brief summary, deal type, deal rationale; and deal financials and target
Company's (major public companies) key financial metrics and ratios.

Business Description - A brief description of the company's operations.
Key Employees - A list of the key executives of the company.
Important Locations and Subsidiaries - A list and contact details of key centers of
operation and subsidiaries of the company.

Key Competitors - A list of the key competitors of the company.
Key Recent Developments - A brief on recent news about the company.
Some of the major satisfied Clients

INDIAN CORPORATIONS
ESCORTS
TATA STEEL
TELCO
Jindal strips limited
L&T
HERO HONDA
THERMAX
LG Electronics
Page 25
Maruti udyog limited
TELECOMMUNICATION COMPANIES
MTNL
BSNL
BHARTI AIRTEL
Reliance
Tata Tele-services
HFCL
ORG Telecom
BANKING AND FINANCE COMPANIES
RESERVE BANK OF INDIA

AMERICAN EXPRESS
CITI BANK
BANK OF AMERICA
ABN AMRO BANK
CANARA BANK
STANDARD CHARTERD BANK
CENTRAL BANK OF INDIA
B ANK OF INDIA
PUNJAB NATIONAL BANK
CITI FINANCIAL
IT AND SOFTWARE COMPANIES
IBM
Wipro
HCL Info Systems
Tata Consultancy Services
STPI
Cadence
Perot System
Aricent software
Mentor graphics
Sapient
Delsoft
Satyam Computers
daksh.com
naukri.com
Dilithium Software
Progressive InfoTech
CMS Computers
Competent Software
Scicom InfoTech
Sequence Design
Interra Software
Page 26
Ramtech
I-Gate
GOVERNMENT ORGANISATIONS
Directorate of Income Tax

Department of Telecommunications
National Airport Authority of In
IMD
Indian Navy
Hindustan Aeronautical Limited
Power Finance Corporation of In
Indian Oil Corporation
Indian Railway
Metro Railway
Centre for Rail Information Systems
Customs and Central Excise
Hindustan Pre Fab
Delhi
State
Industrial
Development
Corporation
Delhi
Tourism
&
Transportation
Development Corporation
Army Headquarters
Bharat Petroleum Corporation
National Informatics Centre
ONGC
AND MEDIA COMPANIES
Prasar Bharti
Times of India
The Pioneer
Indian Express
India Today
Business Today
New Delhi Television
TV Today
CNBC India
Thomson Press
Amar Ujala
CNN - IBN
HOTELS AND AIRLINES
The Oberoi
Page 27
PRESS
Hyatt Regency
ITC Welcome Group of Hotels
AIR India
Lufthansa
KLM Dutch Royal Airlines
Jet Airways
Sahara Airlines
Interglobe
Royal Palms
MULTI-NATIONAL CORPORATIONS
GE
CocaCola
Phillips
Rolls Royce
Avery Dennison
Colliers Jar dine
GAP International
Cushman Wakefield
Associated Merchandising Corporation
Samsung
ICI Limited
ITC Limited
Cargill Foods
Whirlpool
Becton & Dickinson
MEDICAL AND DIAGNOSTIC
Escorts Heart
National Heart & Lung Institute
MRI Scan Centre
Indian Spinal Injuries Centre
Wipro GE Medical Systems
SIEMENS
Hemlata Hospital
Fortis Healthcare
Shimadzu
Johnson & Johnson
Advance Medicare Research Institute
Jessaram Hospital
ENGINEERING AND PROJECTS

Himachal Pradesh State Electricity Board
Power Grid Corporation of India
Page 28
National Hydro Power Corporation

SIEMENS
Allen Bradley
Alstom
ABB
EIL
TATA Honeywell
DS Constructions
Sterling & Wilson
Location of company
Luminous Power Technologies Pvt. Ltd.
Corporate Office:
C 8 & C 9 Community Center
Behind Janak Cinema Complex, Janakpuri
New Delhi 110058
Manufacturing Facilities:
Lead Acid Battery /Tubular Battery/ VRLA Batteries
Luminous Power Technologies Pvt. Ltd (Unit-I)
Village-Ramnagar, P.O. Gagret,
Tehsil-Amb, Distt.-Una (H.P.)
Luminous Power Technologies Pvt. Ltd. (Unit-II):

Plot No. 3, 3-A & 4, Industrial Area,
Gagret, Tehsil-Amb,
Distt- Una, Himachal Pradesh
Page 29
Luminous Power Technologies Pvt. Ltd. (Unit-III):

Dev Nagar, P.O. Gagret, Tehsil-Amb,
Distt.- Una (H.P.)
Power Electronics:
Luminous Power Technologies (P) Limited
Village Malpur, P.O. Bhud, Baddi, Tehsil Nalagarh
Himachal Pradesh 173205
Branches
Punjab (Kapurthala)
Rajasthan(Jaipur)
Jammu & Kashmir(Jammu)
Assam(Guwahati)
Uttar Pradesh(Ghaziabad)
Lucknow
Uttarakhand(Dehradun)
Haryana(Sonepat)
Gurgaon
Maharashtra(Pune)
Gujrat(Ahmedabad)
Bihar(Patna)
Jharkhand(Ranchi)
Chattisgarh(Raipur)
Chandigarh
Madhya Pradesh(Indore)
West Bengal(Kolkatta)
Karnataka(Bangalore, Mangalore)
Tamilnadu(Chennai, Coimbatore, Madurai, Trichy)
Orissa(Bhubaneswar)
Page 30
Policies
Luminous Power Technologies Pvt. Ltd. renders the following category of service across the
country:
Category - 1: Direct at Customer end - response with in 24 Hrs

Category - 2: Dealer / Distributor level Service - Based on Pre Journey Plan.
The company or its authorised Service Center/Service Franchisee

reserves the right to retain any faulty part(s) or component(s)
which replacement has been provided, in the event of a defect
being noticed in the equipment during the warranty period.

Warranty does not cover accessories external to the equipment
supplied by the dealer.

Any shifting of Equipment from one premise to another should be
carried out by Authorised Sale & Service Distributor / Dealer only.
The original purchaser must notify in writing, within 10 days, such
change of address of installation to LUMINOUS Customer Care
Center.
The company's obligation under this warranty shall be limited to
repairing or providing replacement of part/s, which are found to be
detective.
Additionally avail hassle free services by logging at: 011-4500700,
1860 500 3939 , 1800 11 3535.

Product registration with Company is mandatory for warranty
service support. Repairs or replacements will be carried out either
by the dealer / distributor from whom the set has been purchased
or through a Company Service Center or the Authorised Service
Franchisee.
Photocopy of Purchase Invoice & Original warranty card duly
filled is required at the time of repair / Replacement.
Page 31
THE WARRANTY IS NOT APPLICABLE IN ANY

OF THE FOLLOWING CASES:
The warranty card is not duly filled and mailed back to the service
center for registration by the purchaser.

The completed warranty card is not presented to authorised
personnel at the time of repair.

The product is not used according to instructions given in the user's
manual.
Defects caused by improper use as determined by the company
personnel.
Modification or alteration of any nature is made in the electrical
wiring or in the equipment.

Installation/ repair work is carried out by persons/agency other
than authorised by the company.

Site (premises where the product is kept) conditions that do not
conform to the recommended operating conditions of the
equipment.
The original serial number is removed, obliterated or altered from
the equipment.
Defects due to cause beyond control like lightning, abnormal
voltage, acts of God or while in transit to service center or
purchaser's residence.
Page 32
Main Product of the company

The product the luminous are:
Batteries
Inverters
UPS system
DG system
Package power system
Solar PV modules
Electrical
Batteries
Batteries have become an essential part of our daily life as they

are the power source of the Inverters and Long Back up UPS
that keep our appliances running. In a very short span of time,
Luminous has grown manifold in its endeavour to produce
world class batteries specially designed for inverters/long back
up UPS systems.
Luminous with its unmatched expertise in power electronics
field combined with world class battery manufacturing
technology has come up with batteries specially designed for
long back up applications. These batteries are superior in
quality delivering longer back up.
The conventional batteries pose a serious threat to the human
body due to the dangerous chemicals that get discharged from them. That is why we at
luminous spend millions of dollars on the research and development of innovative and green
technological practices to come out with batteries that not only deliver optimum performance
but are very healthy to be used in households and offices.
Luminous batteries are specially designed to perform consistently, have a very long life and
are highly reliable. These are perfect for a wide range of applications.
Some of the specialties of Luminous Batteries include
Extreme compatibility with your Inverter and UPS Systems
Provide very high performance under extremely adverse conditions
Especially designed to keep leakage and corrosion at bay
Deep Discharge and Overcharge Protection
Beautifully designed exteriors
Page 33
Protection Against accidental short-circuit of cells
Special composition
Unparallel charge acceptance and handling

Flat Plate Deep Cycle Battery
Flooded Lead Acid batteries are the most
common batteries used in energy systems
because of their price, local availability, and
ease of recycling. A properly maintained lead
acid cell will last about five years. This type of
battery will deliver about 1000 full chargedischarge cycles.
Features:
Extra thick plates ensure long life

Special alloy used very low maintenance
Inter partition connection-good voltage profile on discharge
Sleek appearance in sealed plastic housing
Good charge acceptance suitable for frequent power cuts
Level indicators aid easy maintenance
Application:
These batteries are best suitable for high ambient temperature and partial state
of charge usage, they are used in various applications like domestic inverters,
off grid solar photo voltaic system, home lighting systems, alarm systems,
signaling equipments and remote telecom units.
Tubular Battery
In a very short time, Luminous has established its integrity and won many hearts across
India. With
an unquenched thirst for perfection and a resolute commitment to quality, we continue to
make forays in technology, creating innovative and efficient products that bear the mark of
reliability and excellence. With a decade of experience in manufacturing batteries, we
proudly present our range of Tubular Batteries - a remarkable product with incredible
possibilities that enhance the quality of life.
Page 34
Now say goodbye to the inconvenience of long power cuts, thanks to the new range of
Tubular Batteries from Luminous. These long-lasting batteries carry attractive warranty
features and are extremely affordable. They are just the beginning of a series of beneficial
Tubular Battery innovations from the house of Luminous.
LUMINOUS TUBULAR BATTERIES: VERSATILE APPLICATIONS
UPS Systems, Telecommunication Systems, Office Automation Equipment, Fire Alarm
Security Systems, Electronic PABX Systems, Cable TV Equipment, Electronic Attendance,
Cash Registers, Process Instrumentation & Control, Power Plants & Substations, Cellular
Phones & Pagers and PCO Monitors.
Solar battery
Luminous has launched its solar flooded tubular monobloc batteries designed to offer
reliable, consistent and low maintenance power for renewable energy requirements. These
batteries can be subject to deep cycle applications and minimum maintenance in rural and
power deficit areas. The batteries have a capacity to withstand partial state of charge (PSOC)
operation. These monobloc batteries are available in 12 Volts from 20Ah to 200 Ah @ C10 at
27C to 1.80 vpc.
These solar batteries have been developed keeping in mind the various parameters peculiar to
India by a team of scientist and engineers at a R&D facility dedicated to electrochemical
research at our works in Gagret, Himachal Pradesh.
Luminous decided to develop these solar batteries keeping in mind the increased awareness
and public spending in the field of new and renewable energy for applications in household
lighting, street lighting and in rural and urban cellular telecom installations. We expect a
significant shift in the telecom industry towards use on non-conventional energy due to
increased operational expenses. Increased government incentives and subsidies will, in the
next couple years, lead to increased spending by governmental agencies in the new and
renewable energy.
Page 35
Our batteries are designed to give long life in cyclic operations and extremely long intervals
in topping up and even total freedom from maintenance. Our batteries can be adapted to use
auto-fill systems and air agitation systems for faster charging and avoidance of acid
stratification in standby cells. For outdoor applications, we offer batteries in IP55 enclosures.
While, our batteries are approved by MNRE, Luminous continues to experiment with new
and improved alloys and manufacturing technologies to enhance the life of our solar
batteries, reduce topping up, etc.
Sealed Maintenance Free/VRLA Batteries
Luminous Sealed Maintenance Free (SMF) Batteries are designed to offer reliable, consistent
and low maintenance power for UPS applications. These batteries can be subject to deep
cycle applications and minimum maintenance in rural and power deficit areas. These
batteries are available in 12 Volts from 7.5Ah to 200 Ah @ C20 at 27C to 1.75 vpc.
In today's information age, one cannot ignore the need for battery systems designed to save
vital information and data and run critical instrumentations for desired durations. Batteries
are required to deliver instant power. Unreliable and
inferior batteries can result in the loss of data and
equipment shutdowns that can cost companies
considerable financial losses. Therefore, the UPS
segments calls for the use of a reliable and proven battery
system.
Luminous SMF batteries have been developed by a team
of scientist and engineers at a R&D facility dedicated to
electrochemical research at our works in Gagret,
Himachal Pradesh, India.
Traction Battery(Motive Batteries)
New range of traction batteries from Luminous have seen the light of the day after going
through rigorous R&D and multiple successful test runs. These
batteries are custom made to be used in forklifts, electric golf carts, riding floor scrubbers
and other electric vehicles. Luminous Traction batteries are designed to be routinely used all
day and fast charged all night.
Why Luminous Motive Batteries must be your top choice: Key features
High performance, High reliability and High energy density
Robust structure and

designed for long
Positive plates are specially

cycle life
Negative plates
life expander to cater
contain highly durable long

for high cycle life
Page 36
Better choice for heavy duty application
Battery characteristics comply with IEC-60254 1 & 2
100% Tank formation for uniform plate quality
Additional options that enhance operative life
Automatic aqua filling system
Electrolyte circulation system
Luminous Start
Luminous launches the technologically superior yet easy on pocket, factory charged and
maintenance free, Start automotive batteries. Powered by international Ca Ca & EMT
technology and Indian engineering, these Batteries optimize energy supply in addition to
back-up for vehicle accessories. They designed to deliver high performance for all types of
vehicles, including Indian and international makes.
Start advantages:
Completely maintenance free for its active life
Extremely low self-discharge - No electrical drain on the battery. It could stand for up
to one year and then still have enough power to start the vehicle.
Ideal for vehicles, boats, machinery, etc that are not used on a regular basis.
Vibration and impact resistant - High density pasted plates are used which improve
life- cycle and are resistant to vibration
Resistant to thermal runaway - Calcium-Calcium are not prone to thermal runaway

where the conventional battery eventually cooks itself in very hot applications, i.e.
courier vans etc. making them idealfor such applications.
Double chamber container with Magic Eye Clearly indicating the exact battery
condition
Motorcyle Battery
Luminous RACER range of motorcycle batteries
are manufactured using the state of the art
technology. They are designed taking into
consideration the latest motorcycle requirements
and are compatible with most of the popular
models. They are built to withstand the rigors of the
Page 37
tough Indian terrain without compromising with the quality and performance. These are truly
the soul-mate for the Indian bikes. Some of the advantages of using these futuristic batteries
include tough and durable separator for extended operation, high collision resistance,
immediate start, brightest light, extra power conservation, prevention against acid spillage, to
name a few.
Inveters
An inverter is an electrical device that converts direct current (DC) to alternating current
(AC); the converted AC can be at any required voltage and frequency with the use of
appropriate transformers, switching, and control circuits. The electrical inverter is a highpower electronic oscillator.
Luminous offers a world class range of inverters and long backup UPS which have seen the
light of the day only after going through extensive research and development worth million
of dollars. Our undiluted focus on the dynamic power requirements of the customer has
driven us to continuously innovate and come out with technologies which have become a
benchmark for the whole industry and resulted in products offering great value to the
consumer, no doubt we are the leaders in the domestic market and strive to be a prominent
international player in the segment.
Inverters / Long Back up UPS are used in a wide range of applications, from household
appliances to large electric utility high-voltage direct current applications that transport bulk
power. Inverters / Long Back up UPS are commonly used to supply AC power from DC
sources such as batteries.
Long Back up UPS
Luminous presents the latest breakthrough in the world of power back up UPS. A
powerhouse of performance packed in a highly attractive design these long back up UPS
boast of phenomenally advanced features that give in a unique ability to run a PC for hours
together, even in the bleakest of power situations. We at Luminous value the convenience and
comfort of the consumer above anything else. Very little maintenance, powerful performance
and all-round protection makes this series a value for money investment.
Features & Protection
Micro controller based design

Free Pre-loaded battery management software.
SMD Technology for reliable and compact design
Page 38
Battery charging commences even at as low as 120 Volt Mains voltage

Auto holiday mode preserves battery charge while you are away from home
Intelligent thermal management
Visual Indicators: Mains On, UPS On, Switch Status, Smart Charge, Overload/ Short
Circuit Trip, Charger Fuse Blown, Battery Low
Trip and No Load Shutdown
Audio Alarms: Mains Fail, Fuse Fail, Battery Low Pre-alarm, Overload Trip, Battery Low
Trip and No Load Shutdown
Ensures faster battery charging

Advanced battery management, which enhances battery life up to 70%
Negligible battery-water loss
Intelligent continuous charging profile adjustment
Overload with Auto Reset
Battery Deep Discharge Protection with Reset Option
Ultra-Fast Short Circuit Protection
Battery Reverse Polarity Protection
Sine wave UPS

Pure Sine Wave Long Back-up UPS consists of a sophisticated design producing the AC
wave power output similar to that you would get from your house power point. These UPSs
will support all the expensive and sensitive household equipments which will fail to run from
the power output of a modified wave UPS.
The high quality power output from the pure sine wave UPS will maintain the units power
supply throughout, thus supporting these appliances like your household power unit will.
This being the case it is always better to invest in a pure sine wave UPS and get a quality
power supply that will support all your equipments without any trouble. Luminous Sine wave
UPSs are packed with a range of user-friendly features, these are symbols of convenience
and comfort. Very little maintenance, no noise these Sine Wave UPS stand for powerful
performance with all-round performance.
Features & Protection
Micro controller based design

Regulated output voltage window during regulated UPS
mode
Can run single PC up to 8hrs. With 12 V 150 AH battery
Selectable battery option
Pre-loaded battery management software
Page 39
Charges battery double fast

Regulated battery charging from 120 V to 300 V
Automatic holiday mode preserves battery charge
Advanced digital display
Audio alarms on mains fail, Charger fuse blown, battery low and no load shutdown
Phase reversal protection
Overload with auto re-set
Battery Deep Discharge protection with two times reset options
Ultra Fast Short Circuit Protection
Battery reverse polarity protection
Miniature circuit breaker for overload and short circuit protection in mains mode
instead of cartridge fuse
DC over Voltage protection
Line Interactive UPS Systems

Luminous has the widest range of line interactive UPS systems. This highly compact power
packed UPS systems offer the best and most reliable data security to small desk tops or
personal computers.
Features
Micro controller based intelligent system
No load shutdown
Pre-Alarm Audio & Visual Signals for Battery low
Overload trip audio and visual signals
Battery Deep Discharge Protection
User-Friendly
On-Line UPS Systems
Page 40
On-Line UPS Systems from Luminous are designed to save your sensitive equipments
from main lines failure, voltage fluctuations, blackouts and other electrical disturbances.
UPS not only provides data security but also saves your hardware from getting damaged,
thus promising smooth working hours. The online UPS is ideal for an environment where
electrical isolation is necessary or for equipment that is very sensitive to power
fluctuation. The online UPS system is necessary when the power environment is noisy
such as industrial settings; for larger equipment loads like data centres, or when operation
from an extended run back up generator is necessary.
Features
Double conversion online topology
High frequency PWM technology
Fully microprocessor controlled design
Wide input voltage range
Near unity input power factor
Automatic bypass
Smart self diagnosis function
Full time lightning and surge protection
UPS monitoring software
SNMP Adaptor for network management (optional)

DG Sets
Luminous Power Technologies is in an aggressive expansion mode with the latest offering
being DG Sets. These state of the art residential DG Sets will make sure that your family will
enjoy life uninterrupted while at home or away.
Page 41
Luminous DG Sets have been designed in compliance with the latest technologies that are
suitable for all small, medium and large industries, hospitals, multistoried buildings, farms
and individual houses. These DG sets consists of Lombardini for 5 KVA & Escorts for
15-40 KVA engines coupled with self regulated alternator mounted on specially designed
common skid base frame fitted with special vibration isolator to make DG set vibration free.
Luminous DG sets are designed to deliver reliable performance and longer trouble free life.
Advantages
Pure power for sensitive electronic equipments
Better fuel efficiency
Powerful performance backed by an equally robust commitment to customer service
Low maintenance cost and faster response recycler
Low Noise, Low Emission
High durability and simple to operate and environment friendly
Dependable, durable and efficient
Superior performance and reliability
Ease of maintenance
Wide distribution network
Higher power output
Low fuel consumption
Economic Operation
Page 42
Minimized running costs
Manual / Auto Mains Failure Panel
High on innovativeness and quality
Feasible design and reliable operation
Clean and long-lasting
Rugged and simple to operate
Powerful performance backed by an equally robust commitment to customer service
State of the Art Technology
Electricals
Electrical distribution needs are continuously evolving in residential, commercial and
industrial sectors. Improved operation safety, continuity of service, greater convenience
and operating cost have assumed a tremendous significance, Luminous Miniature Circuit
Breakers have been designed to continuously adapt to these changing needs
Features
Precise Hammer Action
15 Plates Arc Chute for Effective Arc Quenching
Longer Electrical Operation / Life
Wide Range
Value for Money
Low Power Consumption, thus Cost Effective & Energy saving
There are some eletriacl applicance.
Residual Current Circuit Breaker

Distribution Boards
Wires and cables
Industrial Cables
Celling fan
Table fan
Wall fan
Page 43
Pedestal fan
Ventilation Fans
Lpg instand geyser
Cfl inverter
Solar Applications
Solar Photovoltaic Modules
the PV modules offered by Luminous are specially designed to meet the requirements of the
market and are available in various ranges from 3W to 255W using well proven and field
tested technology of crystalline silicon solar cells. These are high quality and high
performance modules suitable for power generation and tested visually, mechanically and
electrically according to the standard test conditions applicable worldwide.
The solar cells, typically 180-260 micron thick, are tested and electronically matched prior to
interconnection. The encapsulation between high-transmittance special tempered glass and
UV-resistant multilayer back sheet which guarantees the modules excellent durability under
harsh outdoor conditions of extreme temperature, high altitudes, deserts and coastal regions.
The module size self-supporting anodized aluminum frame is designed to allow easy
mounting and carrying.
These PV modules have obtained various product certifications including IEC 61215EdII for
design qualification and IEC61730 for safety Class II.
Solar Home Light System
In the series of new offerings from the house of Luminous, the latest are ideal low cost
solutions for Rural Home Lighting requirements. The innovative, energy efficient LED based
design of this new product with a single light output is at par with 11W CFL. It can be
termed as single solution for all daily household lighting needs. This equipment has PWM
based compact electronic circuitry with high efficiency. It offers uniform & constant bright
light output over entire battery voltage range. It is specially designed for maximum energy
Page 44
harvesting from connected solar module, as compared to other products. This equipment can
provide light output ranging between 11 to 102 hrs.
Reasons to Buy
Get detailed information on the company's financial deals that enable you to
understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by
year, by business segments and by type, for a five year period.
Understand the company's business segments' expansion / divestiture strategy

- The profile presents deals from the company's core business segments'
perspective to help you understand its corporate strategy.
Access elaborate information on the company's recent financial deals that enable you
to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal,
deal type, deal rationale, deal financials and Target Company's key financial
metrics and ratios.
Page 45
Equip yourself with detailed information about the company's operations to identify
potential customers and suppliers.
- The profile analyzes the company's business structure, locations and
subsidiaries, key executives and key competitors.
Stay up-to-date on the major developments affecting the company

- Recent developments concerning the company presented in the profile help
you track important events.
Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on
detailed major deals are incorporated into the profile to assist your academic
or business research needs.
Page 46
Awards
Luminous Power received Frost & Sullivan Industry Technological Leadership Award
for Market penetration in DC-AC Inverters in Non Renewable Energy markets in Asia
Pacific. Luminous was awarded to its production facility located in Gagret, Himachal
Pradesh; Luminous is commended for its unmatched expertise in the power electronics field
combined with world class battery manufacturing technology. The ISO 50001:2011
certification is in recognition of its world-class efficient Energy Management Systems and
Give for complying with the requirements on the fronts of manufacturing of Batteries
comprising flat and tubular plates for domestic and industrial requirements.
Page 47
RESEARCH
METHODOLOGY
Page 48
This project is made by collection of primary and secondary data. We gather the information
though primary source and secondary source though net.
Scope of the project:
To find out the financial position of the company

To get the profit margin of the company
To forecast the growth and the profit of the company
To extrapolate the companys position.
RESEARCH DESIGN:
The study will be based on the based on the descriptive and applied research. The financial
position of Luminous Engineering and Technology Service Pvt.
Ltd. is analyzed
comparatively, common and trends. Make Planes of comparing the financial position of the
company for two year. By the help of many concepts of financial statement of the result of
the control mechanism can be summarized which will help in identifying the effectiveness of
the system under the preview. Hence the comparative, common and trend are use to get the
conclusion of the company profile.
Page 49
DATA COLLECTION METHOD:

1) PRIMARY SOURCES:- Company Department visit
2) SECONDARY SOURCES:i)
Annual reports
ii)
newspapers and magazines
iii)
Different records used by the finance department
iv) Web sites of luminous
PRESENTATION OF DATA:Data has been presented through column and bar diagrams.
DATA ANALYSIS AND INTERPRETATION:we have analysis the data of the company and calculate the profit margin of the company.
We have calculated the comparative, common size, trend, cash flow and ratio of the company
We analysis the financial position of the company and come to know that luminous have
growth in coming year.
Page 50
Financial statement
Page 51
Introduction
Financial statement analysis involves careful selection of data from financial statements for
the primary purpose of forecasting the financial health of the company. This is accomplished
by examining trends in key financial data, comparing financial data across companies, and
analyzing key financial ratios. Although financial statement analysis is a highly useful tool, it
has two limitations. These two limitations involve the comparability of financial data
between companies and the need to look beyond ratios. Comparison of one company with
another can provide valuable clues about the financial health of an organization.
Unfortunately, the difference in the accounting method of companies sometime makes it
difficult to compare the companies' financial data.
A company analyst may assume that ratios are sufficient in themselves as a basis for
judgment about the future. Nothing could be further from the truth. Conclusions based on
ratio analysis must be regarded as tentative. Ratios should not be viewed as an end, but rather
they should be viewed as a starting point, as indicators of what to pursue in greater depth.
They raise May questions, but they rarely answer any question by themselves. In addition to
ratios, other sources of data should be analyzed in order to make judgments about the future
of an organization. They analyst should look, for example, at industry trends, technological
changes, changes in consumer tastes, changes in broad economic factors, and changes within
the firm itself. A recent change in a key management position, for example, might provide a
basis for optimism about the future, even though the past performance of the firm may have
been mediocre.
There are four basic types of financial statements: balance sheets, income statements, cashflow statements, and statements of retained earnings. Typically, financial statements are used
in relation to business activities.
Balance sheet financial statements are used to provide insight into a companys assets and
debts at a particular point in time. At the bottom of the income statement, a total of the
amount earned or lost is included. Often, income statements provide a record of revenue over
a years time. Every company have their Summary of revenues, expenses and net income (or
net loss) of a firm. It serves as a measure of the firms profitability. Financial statements are
mainly prepared for decision making purposes. Analysis of financial statements is an attempt
to assess the efficiency and performance of an enterprise
Financial analysis serves the following purposes
Page 52
Measuring the profitability

Indicating the trend of achievements
Assessing the growth potential of the business
Comparative position in relation to other firms
Assess overall financial strengths
Assess solvency of the firm
OBJECTIVES
To explain the meaning, need and purpose of financial statement analysis;

To identify the parties interested in analysis of financial statements;
To explain the various techniques and tools of analysis of financial statements.
Purpose
Financial statements are mainly prepared for decision making purposes. But the information
as is provided in the financial statements is not adequately helpful in drawing a meaningful
conclusion. Thus, an effective analysis and interpretation of financial statements is required.
Analysis means establishing a meaningful relationship between various
items of the two financial statements with each other in such a way that a conclusion
is drawn. By financial statements we mean two statements:
(i) Profit and loss Account or Income Statement
(ii) Balance Sheet or Position Statement
Comparative financial statements
Comparative study of financial statements is the comparison of the financial
statements of the business with the previous years financial statements. It enables
identification of weak points and applying corrective measures. Practically, two
financial statements (balance sheet and income statement) are prepared in
comparative form for analysis purposes.
Balance sheet interpretation and analysis
Current financial position and Liquidity position

Long-term financial position
Profitability of the concern
Income statements interpretation and analysis
The increase or decrease in sales should be compared with the increase
or decrease in cost of goods sold.
To study the operating profits
The increase or decrease in net profit is calculated that will give an
idea about the overall profitability of the concern.
Page 53
COMMON SIZE STATEMENTS AND TREND ANALYSIS

The common size statements (Balance Sheet and Income Statement) are shown in
analytical percentages. The figures of these statements are shown as percentages of
total assets, total liabilities and total sales respectively. The trend analysis is a
technique of studying several financial statements over a series of years. In this
analysis the trend percentages are calculated for each item by taking the figure of that
item for the base year taken.
Cash flow statement

The cash flow statement is concerned with the flow of cash in and cash out of the
business. The statement captures both the current operating results and the
accompanying changes in the balance sheet. As an analytical tool, the statement of
cash flows is useful in determining the short-term viability of a company, particularly
its ability to pay bills.
The cash flow statement is intended to
provide information on a firm's liquidity and solvency and its ability to change
cash flows in future circumstances
provide additional information for evaluating changes in assets, liabilities and
equity
improve the comparability of different firms' operating performance by
eliminating the effects of different accounting methods
indicate the amount, timing and probability of future cash flows
Ratios analysis
A tool used by individuals to conduct a quantitative analysis of information in a
company's financial statements. Ratios are calculated from current year numbers and
are then compared to previous years, other companies, the industry, or even the
economy to judge the performance of the company. Ratio analysis is predominately
used by proponents of fundamental analysis.
Page 54
Annual report
Profit and loss account
Page 55
Balance sheet
Page 56
Financial statement analysis

Luminous
share capital
authoriesied
55,000,000(previous year 2,000,000)
equity share of rs. 10 each
issused, subsribed and paid up
1742638(previous year 1,683,360) equity share fully
paid
8,28,00(previous year: nil) compulsorily fully
converible cumulative
participatory preference share of rs. 600 each fully
paid
reserves and surplus
securities permium account
general reserve
opening balance
additions during the year
closing balance
profit and loss account
secured loan
loans and advance from banks
cash/export credit facilities
tearm loan
vehicle loans
unsecured loans
inter coporate loans
loan from bulinding company- sar capital private
limited
loan from other
Investment
long term
subsidiaries (tarde and unquoted)
150000 share of rs 10 each of lumious electronic
private limited fully paid up
40000 share4 of SGD 1 each of LABH holding pre. Ltd.
Fully paid
3266 share of rs 10 each of luminous engineering and
Page 57
2010
(thousan
d)
2009(th
ousand)
550,000
20,000
17,426
16,836
496,800
514,226
0
16,836
306,195
2500
58,605
61,105
2500
2,500
671460
1,038,76
0
281640
284,140
267,266
112,065
3,698
383,029
324,649
116,822
3379
444,850
18,322
0
0
0
24112
11,000
53,434
1800
1,064
31,770
0
0

technology services private limited fully paid
34,634
deferred tax asstes
deferred tax liability
deperciation on fixed assets
deferred tax assets
provision for bad debts
employee benefits
net deferred tax assets
inventories
raw material and componets
working in progress
finished good
goods - raw material
sundry debtors
debts outstanding for a period exceeding six months
unsecured, cosidered good
secured, cosidered good
unsecured, cosidered doubtful
debts outstanding for a period less than six months
secured, cosidered good
unsecured, cosidered good
less: provision for doutful debts
cash and bank balance
cash in hand
balances with scheduled bank
in current account
in fixed account
2,846
2,846
3,069
3,069
4937
2374
4,465
5976
1243
4,149
238,431
256,150
193,303
114,205
802,089
202,532
124,089
63,229
60,317
450,167
64,225
435
32,279
27,880
30,441
1,406,00
3
1587383
32279
1555104
63,416
624,500
733,579
17,753
715826
988
713
17,263
125,842
24618
45,952
35,622
172,782
60,953
fixed deposits includes rs.37,952 thousand pledged with bank for gurantee
issused ( previous year rs 35,622 thousand)
other current assets
interest accrured but not due
2,391
2,391
1381
1381
12848
0
104,573
8709
591
32355
loans and advance

security deposits
advance income tax
MAT credit entitlement
Page 58

adavance to supplier
share application money in LABH holiding pee. Ltd.
loan to luminous electronic private limited ( subsidiary
company)
other advance recoverable in cash or in hand
or for vale to be received
current liablities
sundry creditior for goods
sundry creditior for capital goods
bank overdraft
advance from customers
security deposits from customer
other liabilities
Provision
income tax
fringes benefit tax
proposed dividend
coporate dividend tax
provision for warrenty expenses
provision for claims
Gratuity
compensated absences
other income
intersted on fixed deposite
income frome annual maintenance contaracts and
maintaenance service
misscellances income
tax deduced in source on interest
cost of material consumed
raw material
opening inventory
add: purchase
14058
40000
53,971
277339
23194
78907
931556
6128
0
30478
23650
96862
1088674
610884
6649
4626
13321
59768
77188
772436
8447
40
120197
20428
42,783
4053
3167
3816
202931
24623
674
20,118
10,225
2360
1609
59609
10,064
1530
16325
14781
41,170
2079
15541
13205
30,276
303
202532
57075
2756797 1574850
2959329 1631925
238,431 202,532
2,720,89 1,429,39
8
3
less: closing inventory
finished goods purchased for trading

opening inventory
add: purchase
35,813
288717
324,530
44998
279,532
less: closing inventory
21996
43951
Page 59
58,251
310,105
368,356
35815
332,541

movement in the inventory of manufacture goods
closing inventory
work- in- progress
finished goods in ware house
opening inventory
work in progress
finished good in ware house
256,150
148,304
404,454
124089
27416
151,505
Total
124089
56221
27416
10314
151505
66535
252,949
84,970
2,747,48
1 1676956
less : cost of battery replacement

loss of good on fire and clamity
total consumption
22,280
18195
15014
2710187 1658781
personal expense
salaries, wages and bouns
contribution to provident fund and other benefits
staff welfare
manufacturing expenses
consumable store
Jobwork
electricity, power and fule expenses
genertor hiring and running changes
repairs and maintanace of machinery
other manufacturing expenses
selling, general and administrative expenses
Rent
rates andtaxes
priniting and stationery
testing fee
consumables
installing charges
travelling and conveyance expenses
communication charge
repair and maintenance
insurance charge
lagal and professional charge
provision for douthful debts
vehicles running and maintenance
security expense
electricity an d power
Page 60
169010
15162
7561
191733
112212
8490
5208
125910
23585
28125
53355
1069
5828
591
112553
40384
23765
29209
140
5590
284
100442
10260
8243
3661
90
8564
10561
38244
17565
10483
4743
17723
14526
10050
2325
4522
8772
839
2457
1349
6950
3371
26491
11608
7791
8569
15146
14937
6135
1718
2327

provision for warranty cost
advertisement and publicity
Commission
freight outward
service changes paod
miscellaneous expenses
financial expenses
bank and finance changes
bank interest
interest on other loan
44919
96657
43819
56028
5766
7762
416511
36339
66537
23738
37,229
3403
6529
292235
41213
35988
3169
80370
25253
21698
6465
53416
Data analysis
comparative income statement of
luminous of year 31 mar 2010 and
31 mar 2009
2009( t 2010( t absoult
%
housan housan
e
chan
d)
d)
change
ge
source of fund
Income
sales of good
domestic sales
2,736,230
4,621,430
1,885,200
export sales
71,190
113,339
42,149
turover
2,807,420
4,734,769
1,927,349
less discount
326,374
623,985
297,611
2,481,046
4,110,784
1,629,738
total
2,481,046
4,110,784
1,629,738
65.6875
3663
less- operting
expense
expendituer
cost of material
consumed
personal
expensese
1,658,781
2,710,187
1,051,406
125,910
191,733
65,823
63.3842
5627
52.2778
1749
Page 61
68.8977
1693
59.2063
4921
68.6519
6515
91.1871
0436
65.6875
3663

manufacturing
expense
selling general and
adminisrtative
expense
financial expaense
100,412
112,553
12,141
298,060
416,511
118,451
53,116
80,370
27,254
depercaitation
26,169
46,803
20,634
total
2,262,448
3,558,157
1,295,709
profit from
operations before
tax
less- tax
expense
current income tax
218,598
552,627
334,029
34,428
75,524
41,096
MAT credit
enitlement
prior years income
tax
deferred tax
-32,355
-72,217
-39,862
410
410
-5656
-315
5,341
fringe benefit tax
3,386
4,345
959
-197
7,747
7,944
218,795
544,880
326,085
profit after tax
12.0911
8432
39.7406
5624
51.3103
3963
78.8490
1983
57.2702
2234
152.80
51492
119.367
9563
123.201
9781
0
(94.430
69307)
28.3225
0443
(4032.4
8731)
149.03
67696
comparative balance sheet of

luminous of year 31 mar 2010
and 31 mar 2009
2009( tho
usand)
2010( tho
usand)
absoulte
change
%
change
SOURCE OF
FUND
shareholder's
fund
share capital
reserves and
surplus
16,834
514,226
497,392
287,140
1,038,760
751,620
303,974
1,552,986
1,249,012
LOAN FUND
Page 62
2954.686
943
261.7608
135
410.8943
528
secured loans
unseecured loans
TOTAL
444,870
50,349
383,029
0
-61,841
-50,349
495,219
383,029
-112,190
799,193
1,936,015
1,136,822
13.90091
487
-100
22.65462
351
142.2462
409
APPLICATION OF
FUND
fixed assets
gross block
less: accumulated
depreciation
256,366
453,436
197,070
50,605
93,665
43,060
net block
capital work - in porgerss( including
adavance)
205,761
359,771
154,010
114,065
19,045
-95,020
319,826
0
378,816
33,634
58,990
33,634
4,119
4,465
346
inventories
450,191
802,089
351,898
sundry debtors
cash and bank
balances
other currents
assets
715,826
1,555,104
839,278
60,958
172,782
111,824
1,381
2,391
1,010
78,907
277,339
198,432
1,307,263
2,809,705
1,502,442
773,037
1,088,674
315,637
investment
deferred tax assets
working capital
current
assests,loans and
advances
loans and advances

total current
assets
current liabilities
and provisions
currents liabilities
provisions
total cuurent
liabilities
59,608
202,931
143,323
832,645
1,291,605
458,960
total
474,618
1,518,100
1,043,482
Page 63
76.87056
786
85.09040
609
74.84897
527
83.30337
965
18.44440
414
0
8.400097
111
78.16637
827
117.2460
905
183.4443
387
73.13540
912
251.4757
88
114.9303
545
40.83077
524
240.4425
58
55.12072
972
219.8572
326

799,193
1,936,015
common - size income statement

of luminous of 31 mar2009 and 31
mar 2010
absoult figure
2009( thousa 2010( thousa
nd)
nd)
% net sales
2009
2010
112.42210
73
2.7571139
71
115.17922
13
15.179221
29
100
Income
sales of good
2,736,230
4,621,430
71,190
113,339
2,807,420
4,734,769
326,374
623,985
2,481,046
4,110,784
110.28533
93
2.8693542
97
113.15469
36
13.154693
63
100
2,481,046
4,110,784
100
100
1,658,781
2,710,187
66.858131
61
125,910
191,733
100,412
112,553
4.0471639
78
65.928713
35
4.6641467
9
2.7379935
31
298,060
416,511
financial expaense
53,116
80,370
Depercaitation
26,169
46,803
2,262,448
3,558,157
12.013481
41
2.1408712
29
1.0547567
44
91.189280
65
10.132154
84
1.9551015
09
1.1385419
42
86.556651
97
218,598
552,627
8.8107193
5
13.443348
03
34,428
75,524
-32,355
-72,217
1.3876405
35
1.3040870
67
1.8372164
53
1.7567695
12
domestic sales
export sales
Turnover
less discount
total
less- operting
expense
expendituer
cost of material
consumed
personal expensese
manufacturing
expense
selling general and
adminisrtative
expense
total
profit from
operations before
tax
less- tax expense
current income tax
MAT credit
entitlement
Page 64

prior years income
tax
410
deferred tax
-5656
-315
fringe benefit tax
3,386
4,345
-197
7,747
218,795
544,880
profit after tax
0
0.2279683
65
0.1364746
97
0.0079401
99
8.8186595
49
0.0099737
67
0.0076627
72
0.1056975
99
0.1884555
35
13.254892
5
common - size balance sheet of luminous

of 31 mar2009 and 31 mar 2010
absoult figure
2009( thousan 2010( thousan
d)
d)
% balance sheet
2009
2010
12.609156
06
6.9899708
18
0
0.2524147
62
11.146634
36
0.5900632
66
1.0420681
49
0.1383372
27
27.587971
35
43.866241
62
3.7355423
76
0.0846284
99
4.8354677
36
100
24.850787
89
48.181136
57
5.3532324
13
0.0740793
53
8.5926781
96
100
ASSETS
fixed assets
net block
capital work- in
- progress
205,761
359,771
114,065
19,045
investment
0
deferred tax
assets
4,119
current assests,loans and
advances
33,634
4,465
inventories
450,191
802,089
sundry debtors
cash and bank
balances
other currents
assets
loans and
advances
TOTAL ASSETS
LIABILITY
715,826
1,555,104
60,958
172,782
1,381
2,391
78,907
1,631,838
277,339
3,227,620
16,834
514,226
287,140
1,038,760
444,870
383,029
50,349
share capital
reserves and
surplus
secured loans
unseecured
loans
Page 65
1.0315974
99
17.596109
42
27.261897
32
3.0854165
67
15.932049
32.183466
46
11.867227
24
0

currents
liabilities
provisions
total liabilities
773,037
1,088,674
59,608
1,631,838
202,931
3,227,620
47.372165
62
3.6528135
76
100
33.729931
03
6.2873262
65
100
statement of trend
analysis of income
statement of 2009 and
2010
2009(
thous
and)
domestic sales
export sales
Turnover
less discount
expendituer
cost of material
consumed
personal
expensese
manufacturing
expense
selling general
and
adminisrtative
expense
financial
expaense
depercaitation
current income
tax
MAT credit
enitlement
prior years
income tax
deferred tax
fringe benefit tax
2010( thousand)
%trend
2009
2010
4,621,430
113,339
100%
100%
168.8977169
159.2063492
4,734,769
100%
168.6519651
623,985
100%
191.1871044
2,710,187
100%
163.3842563
191,733
100%
152.2778175
112,553
100%
112.0911843
298,06
0
416,511
100%
139.7406562
53,116
26,169
80,370
46,803
100%
100%
151.3103396
178.8490198
34,428
75,524
100%
219.3679563
-32,355
-72,217
100%
223.2019781
0
-5656
3,386
410
-315
4,345
100%
100%
5.569306931
128.3225044
2,736,2
30
71,190
2,807,4
20
326,37
4
1,658,7
81
125,91
0
100,41
2
Page 66
statement of trend
analysis of balance sheet
of 2009 and 2010
2009(
thous
and)
share capital
reserves and
surplus
secured loans
unseecured loans
gross block
accumulated
depreciation
net block
capital work - in porgerss( including
adavance)
investment
deferred tax assets
inventories
sundry debtors
cash and bank
balances
other currents
assets
loans and advances
currents liabilities
provisions
16,834
287,14
0
444,87
0
50,349
256,36
6
50,605
205,76
1
2010( thousan
d)
% trend
2009
2010
514,226
100%
3054.686943
1,038,760
100%
361.7608135
383,029
0
100%
100%
86.09908513
0
453,436
100%
176.8705679
93,665
100%
185.0904061
359,771
100%
174.8489753
19,045
33,634
4,465
100%
100%
100%
16.69662035
0
108.4000971
114,06
5
0
4,119
450,19
1
715,82
6
802,089
100%
178.1663783
1,555,104
100%
217.2460905
60,958
172,782
100%
283.4443387
1,381
78,907
773,03
7
59,608
2,391
277,339
100%
100%
173.1354091
351.475788
1,088,674
202,931
100%
100%
140.8307752
340.442558
cash flow statement of

luminous of 31 mar 2009
and 31 mar 2010
Particular
2010(thousan
d)
A. cash flow from operating

activities
profit before tax
593,797
Page 67
2009(thousand)
218545

Deprecation
provision for claims
interest paid
provision for warranty expenses
loss on sale of fixed assets
provision for doubtful debts
interest received
operating profit before working capital
changes
changes in working capital
increase on sundry debtors
increase in current liabilities and
provision
increase in inventories
increase in fixed deposite
increase in loan andd advances and
other assets
cash general from operations
income taxes paid ( not of refund)
net cash used in operating activities
B. cash flow from investing
activities
purchase of fixed assets
procced from sales of fixed asset5s
investment in subsidary ( luminous
electronics power limited)
investment in subsidary (labh holding
ptv. limited)
share application money in
subsidiary( labh holding ptv. Ltd.)
investment in luminous engineering
and services private limited
interest received
net cash used in investing activities
C. cash flow from financing
activities
share aaplication money
issue of equity share capital
issue of compulsorily fully converiable
commulative participatory prefernce
share
cash/export credit facilities
procced from term loan
repayment of term loans
proceeds from vehicle loans
repayment of vehicle loans
repayment of term loans taken from
Page 68
46,803
3159
80370
44919
88
14526
-10,064
26468
10207
53436
18353
0
14937
-4336
773,598
337,610
-833804
-195,285
309946
-389185
-2330
432,225
-239648
-18,496
-60610
-222,385
-96,497
-318,882
-25,238
5,881
-12,327
-6,646
-113,859
746
-185364
1436
-1800
1,064
-43,931
-31,770
9,054
-182,644
0
763
-183,195
0
8855
-5900
0
794733
-57354
29907
-34740
2287
-1968
-16950
0
186302
89231
-8520
2500
-1650
-2900

bodies coporate
proceeds of loans taken from bodies
coporate
repayment of loan from holding
company( sar capital private limited)
proceeds of loans taken from holding
company ( sar capital privated limited)
repayment of loan from directors
loans taken from director
payment of dividend and dividend tax
interrest paid
net cash generated from financing
activities
net increase in cash and cash
equivalents(A+B+C)
cash and cash equivalents at beginning
of the year
cash and cash equivalents at the end
of the year
components of cash and cash
equivalent
cash in hand
balance with scheduled bank
in current account
in deposite account
1000
-20662
-2900
0
-11000
0
0
-82082
13051
-151
17000
-28590
-51960
611026
206513
109500
13721
25330
11600
134830
25330
988
713
125842
8000
24618
Ratio analysis for 2009

Current Ratio = Current Assets/Current Liabilities
= 1,228,356/ 773,037
=1.58900026
The ratio of the company is 1.5 it is that the company having 1.5 assets cover than
the liabilities its means the company have more assets then the risk of the liabilities
will cover though the assets.
Inventory Turnover (IT) = Cost of Goods Sold/Average Inventory
= 2,747,481/802,089
=3.425406665
This ratio indicates the number of times the inventory is rotated during the relevant
accounting period. A high stock turnover might mean increased efficiency. The
company have 3.4 turnover the company will satisfied the customer
Page 69
Total Asset Turnover

TAT = Sales/Total Assets
=2,481,046/ 1627089
=1.52383014 times
The total assets turnover is 1.54 it means the sales having more than the total assets.
the company having sales
Working Capital Turnover Ratio = Cost of goods sold/Net Working Capital
= 2,747,481/ 1,307,263
= 2.101704859 times
The working capital of the company is good. Because cost of goods sold is more than
the net working capital. This activities ratio helps in the growth of the company.
Net Profit Ratio = Net Profit after tax / Net sales x 100
= 249,031/2,481,046*100
=10.03733909
Net profit takes into account the fixed costs involved in production the overheads.
The net profit is 10.03 means the profit margin is good for the company. The net
profit shows the growth of the company and higher the ratio will good for the
country.
Operating ratio= Operating cost X 100

Net sale
= 2,262,448/2,481,046*100
=91.118928065
This ratio establishes relationships between operating cost & net sales. This ratio
indicates the proportion that the cost of sales. The operating ratio is 91.11 means the
operating cost is less than the net sales. It shows operational efficiency of the
business .it shows the percentage of sales that is absorbed by the cost of sales &
operating expenses.
Net capital employed = Total assets CL

= Total Liabilities CL
1631208-832,645
= 798563
It Show how effective the firm is in using its capital to generate profit. The net
capital employed shows the diffrience between total assets and current liability.
Shareholders Funds= Equity share + prefence share+ reserve & surplus

= 16,834+287,140
=303,974
Its show the fund of the company which is use to growth of the company. The capital
of the company for the fund. Its give the share holder more profit in the year.
Fixed Assets Ratio = Long-term Funds+ long term loans/ Fixed Assets
=303,974+495,219/ 323945
Page 70
=2.46706385
This ratio indicates as to what extent fixed assets are financed out of long-term
solvency. Higher the ratio will show that there is more use or fixed assets and the
finance use by the long term is good for the company. And its have good fixed assets
ratio
Dept-equity Ratio =
Debt + CL
Equity
495,219+773,037/303,974
= 4.172251574
The debts equity ratio show the long term polices of the company. It is equity ratio
indicates the proportion between shareholders funds and the borrowed funds. It also
indicates the extent to which the firm depends upon outsiders for its existence. A
higher ratio indicates a risky financial position while a lower ratio indicates safer
financial position. The financial position of the company is good and it shows the
rapid growth of the company.
Page 71
Data interpretation
Domestic sales and export sales of the company for the year 2009 is Rs. 2,807,420
and for the year 2010 is Rs.4, 734,769. It means the turnover of the company is good
because it is more from the year 2009
Total income of the company is Rs.2, 511,282 for the year 2009 and Rs.4, 151,954 for
the year 2010. The gross profit of the year 2010 is more than the 2009. Company has
more profit in the year of 2010. There is change of about 57.27% in total expenditure
of the company in the year 2010,as in 2009 it was Rs.2,262,448 but in 2010,it is
Rs.3,558,157.The profit for the company after charging tax stands at Rs.586,050.
As companys profit is increasing, it encourages investors to make their investment in

the company. The total amount of capital raised from shareholders increased from Rs.16,834
in 2009 to Rs.514,226 in 2010.The Reserves & Surplus is Rs.1,038,760 & secured loan is
Rs.383,029.In the year 2010,there is no more unsecured loan for the company. The assets of
the company in the opening of year 2010 is Rs.453,436,but after charging depreciation of
Rs.93,665,it amounts Rs.359,771.The company has no more investment in the year 2009 but
in 2010 it is of Rs.33,634.The total current assets of the company including inventories,
debtors, cash & bank balances, loans & advances and other current assets is of Rs.2,809,705
in the year 2010 as against Rs.1,307,263 in 2009.The current liabilities & provisions also
increases in 2010 ,from Rs.1,936,015 to Rs.799,193.
As per Common-size income statement, the income of the company becomes approax.
double of 2009.In 2009,it was Rs.2,511,282 and in 2010 it is Rs.4,151,954.The expenditure
of the company in percentage of net sales is declining, in 2009 ,it is 90.09% and in 2010 ,it
is 85.69%.Company also have to bear tax-expenses. Tax-expenses in comparison to net-sales
are -0.007% in 2009 and 0.186% in 2010.Profit after tax also increases. All the above
mentioned increment shows that the companys business is growing and it is paying more
taxes now...
Page 72
The Common-size balance-sheet of the company reveals that companys liquidity position is
alright. Its investment is only 1.04% to net sales. As far as other assets are concerned, the
position of debtors and cash & bank balances to net sales are quite satisfactory, while the
position of fixed assets, inventories and other current assets to net sales are not so good
because there is percentage decline in their figures. Liabilities are overall increasing except
secured loans, unsecured loans and current liabilities. Thus; balance-sheet represents
satisfactory position of company.
The trend analysis of income-statement has been prepared after assuming 2009 as the base
year. It shows that companys total turnover is increasing and thus expenditures too.
Company has to pay more taxes. Concerning trend analysis of balance-sheet, 2009 is the base
year and
The assets and liabilities are both almost increasing from 2009 to 2010.the current assets and
current liabilities are in good positions.
comparative income satatement

2500000
2000000
1500000
1000000
500000
0
-500000
absoulte change
Page 73
comapartive balance sheet

1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
0
-200,000
absoulte change
comman size income statement

140
120
100
80
60
40
20
0
-20
% net sales 2009

% net sales 2010
Page 74
comman size balance sheet

120
100
80
60
40
20
0
% balance sheet 2009
% balance sheet 2010
trend income statement

%trend 2009
%trend 2010
128.32
100%
5.57
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
223.2
219.37
178.85
151.31
139.74
112.09
152.28
163.38
191.19
168.65
159.21
168.9
Page 75
trend balace sheet

350000%
300000%
250000%
200000%
150000%
100000%
50000%
0%
Cash flow statement
cash flow from operating activities

profit before tax; 1%
0%
cash general from operations; 8% A.deprecation;
cash flow from operating activities; 16%
increase in loan andd advances and
otherfor
assets
; 3%
provision
claims;
2%
increase in fixed deposite; 6%
interest paid; 1%
increase in inventories; 2%
provision
for warranty
increase in current liabilities
and provision;
0% expenses; 0%
increase on sundry debtors;
loss interest
on10%
sale received;
of fixed assets;
20% 0%
changes in working capital; 8%
provision for doubtful debts; 0%
operating profit before working capital changes; 22%
Page 76
cash flow from investing activities

B. cash flow from investing
activities
purchase of fixed assets
procced from sales of fixed

asset5s
investment in subsidary
( luminous electronics
power limited)
investment in luminous
engineering and services
private limited
investment in subsidary
(labh holding ptv. limited)
share application money in

subsidiary( labh holding
ptv. Ltd.)
net cash used in investing
activities
interest recevied
Cash flow form financing activites
share aaplication money; 1%

interrest paid; 37%
issue of equity share capital; 48%
payment of dividend and dividend tax; 5%

proceeds
of
loans
from
holding
company
( sar capital
privated limited); 1%
proceeds
oftaken
loans
taken
from
bodies
coporate;
1%
repayment
ofcompulsorily
vehicle
loans;
proceeds
from
vehicle
repayment
of 1%
term
loans
; 0%
procced
from
term
loan;
2%
cash/export
credit facilities;
2% share; 3%
issue of
fully
converiable
commulative
participatory
prefernce
Page 77
Conclusion
Page 78
AND
RECOMMENDATI
ON
Conclusion
According to annual report of this company, we come to know the financial positions
of the company, their assets and the liabilities. Luminous is a profit making company
Page 79
and its business is growing very rapidly. Today, in the field of inverters, power backup solution etc; it is the only company which marks its presence in the market. The
profit of company is increasing every year but not at so rapid rate. I have examined
all the parts of a financial statement of this company.
A financial statement is the most important statement of the company. It reveals the true
position of a company, as it presents the figures and positions of assets and liabilities of the
concern and also shows the fact that whether the company is making profit or not. We have
examined various techniques for management of financial statement. The companys cash
flow of the luminous for operating activities is -312,236. Increase in the current liabilities
and provision and working capital change. The net cash flow from the investing activities is
less than the previous year means the investment are made in the company was less the
previous year. And cash used in the financial activities was more in the current year
than the previous year. It means the luminous financial position is much better than the
previous year.
The financial position will shown stronger in coming year as per the financial position of
the luminous. The compare of the income statement and the balance sheet show the growth
of the company and the rapid growth on the assets of the company. The financial ratio of the
means the company has more assets then the risk of the liabilities will cover though the
assets. The company has 3.4 turnovers the company will satisfy the customer. The cost of
goods sold is more than the net working capital. This activities ratio helps in the growth of
the company. The profit margin is good for the company. It is equity ratio indicates the
proportion between shareholders funds and the borrowed funds. It also indicates the extent
to which the firm depends upon outsiders for its existence. The company having overall good
profit margin and its show the in the coming year the company have high profit and good
market position.
RECOMMENDATION
The company should avoid more expenditure to get more profit
Page 80
There should increase their export sales more to expend their market in
the international level.
They should use cost cutting material
More investment should be done to produce more new technology

product according to situation demand
The financial activities of the company should generate more finance

which will help in the growth of the company
They should use the sufficient planning is required for any new cost
reduction methods.
There should upgrade the technology according to the other

competitor.
Proper Forecasting for the company financial position should be done

according to their previous financial position.
There should take the advice of the company employs for new
innovative idea.
The analysis of the finance of the company should be done and more
and more sector will open to make luminous more power full
company.
Page 81
Limitation
The data is given for analysis of financial statement is done on the basis of data
available in the annual report of LUMINOUS. So there is only a limited exposure is
available to make the report.
As there is many branch of luminous so it is very difficult to analysis all the

financial statement of the company.
The annual report of the LUMINOUS For the Financial Year 2009-2010, has
not been made public. So only few ratios were been calculated as per the data
available to us from the annual report
Every subsidiary of the luminous is having different policy.
As it is the not current data is available so it is difficult to analysis the current

situation of the company.
Literature review
Page 82
The Financial Statement Analysis, author Sinha PHI Learning Pvt. Ltd., 2009. The
research about the financial statement analysis which help us to analysis and
interprets the data of the company and give us the true result of our data.
The articles are publishing in the economics times by the ronojoy banerjee
which helps us to know about the company.
Luminous IPO within a year

Luminous is a leading battery maker company .It operates in the field of Powerbackup solutions & Renewable energy. IPO stands for Initial Public Offer.
Luminous brand of companies are running well as its business is well-capitalized
with almost no debts and balance-sheets are fairly strong. According to Rakesh
Malhotra (SAR Group Founder & CEO),The Company doesnt need lot of capital
immediately but in a year, it would need a lot of money. For this very purpose the
company would opt to go for IPO in order to expand its business. It is Second round
of funding for the company. Earlier, in 2007, CLSA Capital Partners, a leading
private equity firm, had invested around $20.3million for companys expansion.
Luminous groups revenue is substantially growing, thats why it is now getting
Page 83
into more capital intensive activities, thus, in upcoming years, it may have a good
Capital expenditure models.
Power cuts boost inverter sale.

Sometimes, the Ban for one will prove to be the Boon for other.
The same happens with the leading manufacturers of Inverters & inverters
batteries company, LUMINOUS POWER TECHNOLOGIES. The continuing
Page 84
power crisis & failure of power corporations in Punjab led to the superb business
for Luminous Groups in Punjab.
As per the statement of Tarun Sapra, branch manager, Luminous Power
technologies, Punajb is an important market for luminous & company has chalked
out plans for expanding their business & to meet the needs of growing customers.
Company sales & revenue is growing at a rapid rate, as in 2008-09,companys sale
India Punjab region is Rs.92 Crore and India 2009-10,,it is Rs.139 Crore. Punjab is
the most growing market for Luminous.
Luminous power Signs Tendulkar as its brand Ambassador.

Luminous Power, a leading company in power back-up, has signed sachin
Tendulkar as its Brand Ambassador. Sachin will now advertise for all Products of
Luminous Group, whether it will be inverters, batteries, UPS or other renewable
energy systems. Marketing is the base of business. Luminous will invest around
Rs.60 Crore for its marketing activities.
Page 85
Luminous Organises Channel Partners Meet in Puri.

Luminous Power organizes its channel partners meet in Puri. These types of meet are
customer-oriented, educative & informative. This meet is organized basically to
discuss & share about the product-innovation, consumer-expectations& after-sale
services. As retailers & dealers are an integral part of a company, Mr. Harsh Sharma,
Sr.Regional manager, luminous Power technologies said, Luminous has been one of
the fastest growing companies in India. Our meets with Channel-Partners allow us to
work synergistically to set new performance benchmarks. Meets enhance the
expertise of company collectively as well as make status symbol about the company
India the minds of prospective and potential customers that are why Luminous
organizes periodically meets with its Channel Partners across India.
BIBLIOGRAPHY
Page 86
http://www.myluminous.com/default.asp
http://www.letsindia.in/
Financial Statement Analysis, author Sinha PHI Learning Pvt. Ltd., 2009
S, chnad wason analysis of financial statement
Company profile sheet
http://www.luminousindia.com/domestic/dom_default2.htm
http://www.indiamart.com/company/1677226/
http://in.linkedin.com/company/luminous-engineering-and-technologyservices-private-limited?trk=ppro_cprof
Page 87

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LUMINOUS ENGG. & TECH. SERVICE PVT.

LOVELY PROFESSIONAL UNIVERSITY

LOVELY PROFESSIONAL UNIVERSITY

Mr. Rajesh Negi (Sr. Manager, F& A)

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

OBJECTIVE OF THE PROJECT

History of the company

Detail About the Company

Main Product of the company

Financial statement analysis

Conclusion and Recommendation

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

Name: MEGHA SINGH

Signature: Megha Singh

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

A financial statement is a formal record of the financial activities of a business, person, or

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

OBJECTIVE OF THE PROJECT

To understand the techniques and processes of preparation of FINANCAIL

To analyze the effectiveness and efficiency of the existing financial position to

To find out areas of weakness, if any.

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

Evolve > Enable > Excel

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LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

AN OVERVIEW OF THE COMPANY

Setting up of resource centers.

architectural, publics works, process engineering).

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

performance modules are suitable for power

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

As There is many subsidiary of the luminous industry so its help in the

growth of the company in coming year

diversification into other products

Lovely professional university

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

The company has easy availability of raw materials and other

inputs for their production.

production and growth.

in the growth of the company.

Fast changing in the technology

History of the company

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LUMINOUS ENGG. & TECH. SERVICE PVT. LTD

2004- Tez LPG Geyser Launched: January 2004

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