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Submitted in the partial fulfillment of the requerment for the degree of BACHELOR OF BUSINESS ADMINSTRATION 2008-2011 Submitted to: MS. MEGHA AGGARWAL Indian Institute of Technical Education PTU Learning Centre, Jamalpur, Ludhiana (Affilied to Punjab Technical Univercity) Submitted By: ROHIT KUMAR BBA 5th sem. Roll No.820459018 2008-2011
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CONTENTS CONTENTS
Introduction to Textile Industry Introduction to Nahar Group Introduction to OWM Ltd. Introduction to Project Research Objectives Research Methodology Financial Analysis & Interpetation Findings Conclusion
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The Indian Textile Industry is at 20% and accounts for 4% of Indias GDP It Contributes 14% to the Indian Production Employs about 38 million people Expected to generate 12 million jobs by 2011 12% of the world production of Textile fibers & Yarns is from India India contributes 20% to the world spindle capacity Textile exports are targeted to reach $50 billion by 2010 18% employment of industrial sector is in Textiles
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Founder Late Lala Vidya Sagar Oswal Commenced 23rd JUNE 1949 Initially 800 Spindles Turnover Rs.2500 Crores
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Established - 1949 Founder Late Lala Vidya Sagar Oswal Manufacture All Types Of Yarns, Weaving Yarns, Blankets, Shawls etc. Brands Monte Carlo & Canterbury
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OPEEATIONAL OPEEATIONAL MANAGEMENT MANAGEMENT Mr.Satpal Mr.Satpal Mr.Virender Nijhawan(Pres Mr.Virender Nijhawan(Pres Sharma(President ident Works Sharma(President ident Works Commercial) Spinning Commercial) Spinning Division) Division) Plant Manager Plant Manager Weaving Weaving Section Section Plant Manager Plant Manager Spinning Spinning Section Section
Mrs. Monika Mrs. Monika Oswal (CEO Oswal (CEO retail) retail)
Ms. Ruchika Ms. Ruchika Oswal (CEO Oswal (CEO Hosiery Knitwear) Hosiery Knitwear)
G.M.Markketin G.M.Markketin gg
G.M.Works G.M.Works
G.M.Exports G.M.Exports
G.M.Purchase G.M.Purchase
G.M.Marketing G.M.Marketing
Manager Plant Manager Manager Plant Manager Marketing (Hand Combing Marketing (Hand Combing Knitting Yarns) Section Knitting Yarns) Section
Departments of OWM
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Weaknesses
OWM is dependent upon foreign producers for raw material. Risk in relation to out sourcing of cotton segment of the MONTE CARLO products.
Opportunity
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Threats
Mushrooming and upcoming of small hosiery industries in Ludhiana Company is facing threats from fake competitor like Oswal Woollen Mela etc. It has to depend upon imported wool and supply of raw material is affected by the climates of supplier countries.
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Introduction to Project
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Financial Statement
Financial statements are the outcome of summarizing process of accounting. Statements are prepared as an end result of financial accounting and are major source of financial information of an enterprise. Financial statement serve as the basis of decision making by management as well as other outsider who are interested in affair of the firm.
Objective of study
To analyze financial position of the company. To analyze financial performance of the company.
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Financial Statement
Sources of Data Primary Data Consulting various personnel in finance department. Secondary Data Journals, Websites, Companys annual report, CMA Data. Methodological Assumptions For calculation of Debtors turnover ratio, all sales are taken as credit sale. For calculation of Creditors turnover ratio, all purchases are taken as credit purchase.
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