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A STUDY OF PROFITABILITY OF SURAT NAGRIK SAHAKARI BANK Ltd.

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PROJECT PREPARED BY PAGHDAL RAHUL D 2) PATEL NIRAJ M 3) KANANI ROHIT A 4) PATEL BHAUTIK B 5) KAKADIYA TUSAR
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ROLL NO 96 119 64 103 61

GUIDED BY: - AMINA MAM SUBJECT: - FINANCIAL ACCOUNTING YEAR: - F.Y.BBA (SEM-2)

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INDEX
Methodology 2) Introduction 3) Logo of bank 4) Board of directed (2003-2004) (2004-2005) (2005-2006) (2006-2007) (2007-20080 5) Net profit 6) Distribution of net profit (2003-2004) (2004-2005) (2005-2006) (2006-2007) (2007-2008) 7) Bibliography 8) Thank you
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04 06 07 08 09 10 11 12 13 15 17 19 20 21 22 23

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Methodology
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Objective: We made this project for study about banks annual report and this reports information is very useful in our study so we made this project.

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Sample: Surat Nagrik Sahakari Bank Ltd.

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Period: We use last five year report for study. 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008

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Limitation: a) b) c) d) We study only one bank. Lack of information Lack of time We not use proper tools & techniques

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Data used: We used secondary data in this report.

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INTRODUCTION
Surat Nagrik Sahakari Bank was started in 1973. This bank was registered on date 15-03-1973. Registered no: - 5039 or Lic no: - UBD. GJ. 1087 P. This bank has other four branches in different areas like
HEAD OFFICE

Behind Rajhans point (Gitanjali Cinema) Varachha road Surat. 1st branch is in Bhagal Sasmi bhavan, kotsafil main road Surat 2nd branch is near Kamala Darwaja Jush market, ring road Surat. 3rd branch is in Bhatar Krishna complex, bhatar road Surat. 4th branch is in Adajun Dhankuvar palace, 54, ravinder park soc, adajun Road Surat.
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LOGO OF SURAT NAGRIK SAHAKARI BANK Ltd.

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Chairman:

Board of Directors (2003-04)

Bansilal M fudanwala Vice Chairman: Mahindrabhai N. Katargamwala Managing Dir.: Amrutlal R. Contractor Joint managing Dir.: Jayntilal C. Jariwala Pankajbhai C. Patel

Directors:

Manager:

Jayntilal R.Gandhi Vadilal B.Shah Dhirubhai R.Desai Balkrushna C.Dalal Sameer K.Pachichgar Chandrakant C.Shah Ramanlal D.Patel Surashbhai P.Patel Khamichand B.Shah Champakbhai V.Patel Meher K.Ved
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Board of Directors (2004-05)

Chairman:

Mahindrabhai N. Katargamwala Vice Chairman: Managing Dir.:

Khamichand B.Shah

Amrutlal R. Contractor Joint managing Dir.: Jayntilal C. Jariwala Pankajbhai C. Patel

Directors: Jayntilal R.Gandhi Vadilal B.Shah Dhirubhai R.Desai Balkrushna C.Dalal Sameer K.Pachichgar Chandrakant C.Shah Ramanlal D.Patel Surashbhai P.Patel Champakbhai V.Patel
Bansilal M fudanawala

Manager:

Meher K.Ved

Board of Directors (2005-06)


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Chairman:

Mahindrabhai N. Katargamwala Vice Chairman: Managing Dir.:

Khamichand B.Shah

Amrutlal R. Contractor Joint managing Dir.: Jayntilal C. Jariwala Pankajbhai C. Patel

Directors:

Jayntilal R.Gandhi Vadilal B.Shah Dhirubhai R.Desai Balkrushna C.Dalal Sameer K.Pachichgar Chandrakant C.Shah Ramanlal D.Patel Surashbhai P.Patel Champakbhai V.Patel
Bansilal M fudanawala

Manager: Chairman:

Meher K.Ved

Board of Directors (2006-07)


Mahindrabhai N.
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Katargamwala Vice Chairman: Managing Dir.:

Khamichand B.Shah

Amrutlal R. Contractor Joint managing Dir.: Jayntilal C. Jariwala Pankajbhai C. Patel

Directors:

Jayntilal R.Gandhi Vadilal B.Shah Dhirubhai R.Desai Balkrushna C.Dalal Sameer K.Pachichgar Chandrakant C.Shah Ramanlal D.Patel Surashbhai P.Patel Champakbhai V.Patel
Bansilal M fudanawala

Manager: Chairman:

Meher K.Ved

Board of Directors (2007-08)


Mahindrabhai N. Katargamwala
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Vice Chairman: Managing Dir.:

Khamichand B.Shah

Amrutlal R. Contractor Joint managing Dir.: Jayntilal C. Jariwala Pankajbhai C. Patel

Directors:

Jayntilal R.Gandhi Vadilal B.Shah Dhirubhai R.Desai Balkrushna C.Dalal Sameer K.Pachichgar Chandrakant C.Shah Ramanlal D.Patel Surashbhai P.Patel Champakbhai V.Patel
Bansilal M fudanawala

Manager:

Meher K.Ved

NET PROFIT:
Net profit is calculated by subtracting a company's total expenses from total revenue,
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thus showing what the company has earned (or lost) in a given period of time (usually one year).also called net income or net earnings.

Net Profit of Last Five Year Year 2003-04 2004-05 2005-06 2006-07 2007-08 % 60 10 09 10 11 Net profit 63,04,325 10,04,802 09,04,331 10,09,307 11,69,437

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EXPLAIN: Now we can see above diagram this diagram is net profit In 2003-04 net profit is 63,04,325 (60%) and in 2004-05 net profit is 10, 04,802 (10%) so we can say that profit is decrease at 50%. And in 2005-06 net profit is also decrease at 1% after 2005-06 profit is increase at 1% in 2006-2007 and in 2007-08 net profit is 11, 69,437(11%). In diagram we saw that first line is falling down then after rise Distribution of Net profit
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Net profit is divided in dividened, Reserve fund, education fund, Credit equilisation, provision for contingency etc its called Distribution of net profit

Distribution of Net profit (year 2003-2004)


25% of Reserved fund 22% of Dividend 02% of Education fund 05%Dividend of Equalization credit equalization provision for contingency 25% 22% 02% 05% 1576081 1382000 0126087 0294388

07% 39%

0425769 2500000

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EXPLAIN: Now we can see above diagram In 2003-2004 net profit is 63,04,325 Net profit of 2003-2004 is divied in 25%(1576081) of Reserve fund, 22%(1382000) Dividend, 2%(126087) of Education fund, 5%(297388) of dividend equilisation, 7%(425769) Credit equilisation, 39%(2500000) of provision for contingency.

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(year 2004-2005)

Reserve 25% Member fund

fund

above

30%

30047 0 10000 0 60433 1

development

10%

provision contingency

for

60%

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EXPLAIN: Now we can see above diagram In 2004-2005 net profit is 10,04,802 Net profit of 2004-2005 is divied in 30%(300470) of Reserve fund, 10%(100000) of member devlopment fund, 60%(604331) of provision for contingency

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(year 2005-2006)
Reserve fund above 25% Provision for contingency 28% 25184 3 65248 8

72%

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EXPLAIN: Now we can see above diagram In 2005-2006 net profit is 9,04,331 Net profit of 2005-2006 is divied in 28%(251843) of Reserve fund, 72%(652488) of provision for contingency (year 2006-2007)
Reserve 25% fund above 29% 289345

Provision contingency

for

71%

719962

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EXPLAIN: Now we can see above diagram In 2006-2007 net profit is 10,09,307 Net profit of 2006-2007 is divied in 29%(289345) of Reserve fund, 71%(719962) of provision for contingency (year 2007-2008)
Reserve 25% fund above 25% 29243 7 87700 0

Provision contingency

for

75%

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EXPLAIN: Now we can see above diagram In 2007-2008 net profit is 11,69,437 Net profit of 2007-2008 is divied in 25%(292437) of Reserve fund, 75%(877000) of provision for contingency

BIBLIOGRAPHY

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1) ANNUAL REPORT OF SURAT NAGRIK SAHAKARI BANK Ltd.


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We refered Last year (2007-2008) project

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THANK YOU

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