A Project On

A COMPARATIVE ANALYSIS BETWEEN HDFC STANDARD LIFE

INSURANCE AND LIC
Submitted in Partial Fulfillment of the requirement Master of Business
Administration (M.B.A.), Distance Education
Guru ambesh!ar "ni#ersit$ of Science % &echnolo'$, (isar
)esearch Su*er#isor: Submitted B$+
Mr. R!"# $%n A&"%'"e( $%')*
(,ecturer) Enrolment -o. ./.011234/0
S*eciali5ation + Finance
Se''%on +,,-.+,//
D%rectorte o0 D%'tnce E12ct%on
32r2 $4&"e'")r Un%#er'%t5 o0 Sc%ence 6
Tec"no*o!57 H%'r 8In1%9
CERTIFICATE
&his is to certif$ that Mr. Abhishe6 ais!al Enrolment -o. ./.011234/0 has
com*leted under m$ su*er#ision his )esearch Pro7ect )e*ort on 8A Co4:rt%#e
n*5'%' &et)een HDFC Stn1r1 L%0e In'2rnce n1 LIC8 in the
s*eciali5ation area 8Finance.9
&he !or6 embodied in this re*ort is ori'inal and is of the standard e:*ected of an
MBA student and has not been submitted in *art or full to this or an$ other uni#ersit$ for
the a!ard of an$ de'ree or di*loma. (e has com*leted all requirements of 'uidelines for
the )esearch Pro7ect )e*ort and the !or6 is fit for e#aluation.
Si'nature of Su*er#isor;Guide (!ith SEA,)
-AME +
DES<G-A&<=- +
=)GA-<A&<=- +
For!arded b$ (ead;Director of Stud$ >entre
(!ith si'nature, -ame % SEA,)
DECLARATION
&his is to certif$ that the *ro7ect )e*ort entitled 8A Co4:rt%#e n*5'%'
&et)een HDFC Stn1r1 L%0e In'2rnce n1 LIC8 is m$ ori'inal !or6 and this has
not been submitted in *art or full to this or an$ other uni#ersit$;institution for the a!ard
of an$ de'ree or di*loma.
Si'nature of candidate
-AME + Abhishe6 ais!al
E-)=,ME-& -=.+ ./.011234/0
SPE><A,<?A&<=- + Finance
SESS<=- + 4../@4.11
TABLE OF CONTENTS
CONTENTS PA3E NO.
INTRODUCTION /
INDUSTRY PROFILE ;
COMPANY PROFILE /,
LITERATURE REVIEW ;,
RESEARCH METHODOLO3Y ;+
DATA ANALYSIS 6 INTERPRETATION ;<
LIMITATIONS =<
RECOMMENDATIONS AND SU33ESTIONS =>
CONCLUSION ?/
REFERENCES ?;
@UESTIONNAIRE ?=
ACANOWLED3EMENT
<n <ndian culture a tas6 is said to be incom*lete !ithout the blessin's of the Almi'ht$ and
elders. Also ac6no!led'in' the !or6 and hel* of all those !ho ha#e 'uided me for the
com*letion of this *ro7ect on time. < ta6e this o**ortunit$ to e:*ress m$ *rofound sense
of 'ratitude to all those !ho encoura'ed, assisted and co@o*erated in the successful
com*letion of this *ro7ect.
&he com*letion of the *ro7ect is a milestone in a studentAs life and its e:ecution is
ine#itable in hands of our 'uides. < e:tend m$ sincere than6s to for his su**ort and
'uidance throu'hout this *ro7ect and *ro#idin' me !ith structure and for *ointin' out m$
ideas that needed more thou'ht. Bithout his hel*, this *ro7ect !ould not ha#e been
successful.
< !ould also li6e to than6 Mr, )a'ha# ain, m$ mentor and ,ecturer of Finance -SB
School of Business, -e! Delhi for e:tendin' me the #aluable 'uidance and assistance
from time to time in *re*aration of this *ro7ect.
Finall$, < than6 all m$ friends !ho *ro#ided me !ith e:tremel$ im*ortant information
re'ardin' the literature related to this *ro7ect and also informed me about !ebsites that
!ould hel* me !ith rele#ant to*ics.
< once a'ain e:*ress m$ heartfelt indebtedness to all aforesaid. An$ omission or error in
ac6no!led'ement is inad#ertent. For such o#ersi'hts and la*ses, < tender unconditional
a*olo'$. &he amount of #alue addition and learnin' that < ha#e had !ill definitel$ stand
in 'ood stern in m$ student life and in m$ future cor*orate endea#ors.
Abhishek Jaiswal
ABSTRACT
Working capital management is a significant fact of financial management due to the fact
that it plays a pivotal role in keeping wheels of business enterprise running. Shortage of
funds for working capital has caused many businesses to fail and in many cases, has
recorded poor growth. Lack of efficient and effective utilization of working capital leads
to earn low rate of return on capital employed or even compels to sustain losses. Working
capital is the flow of ready funds necessary working of the enterprise. t consists of funds
invested in current assets or those assets which in the ordinary course of business can be
turned into cash within a brief period without undergoing diminution in value and
without disruption of the organization.
!inancial analysis is the process of identifying the financial strengths and weaknesses of
the firm by properly establishing relationships between the items of the balance sheet and
the profit and loss account. t refers to an assessment of the viability, stability and
profitability of a business, sub"business or pro#ect. $he future plans of the firm should be
laid down in view of the firm%s financial strengths and weaknesses. $hus, financial
analysis is the starting point for making plans, before using any sophisticated forecasting
and planning procedures. &nderstanding the past is a prere'uisite for anticipating the
future. Apart from this motive there are various other ob#ectives mentioned in the report.
n furtherance of the scope of the pro#ect titled (Working )apital and Analysis of
!inancial Statement of *irtikun# Automobiles +rivate Limited an authorized dealer of
,aruti Suzuki.- intend to carry out certain activities to this end. $he first step or
activity would be that of getting conceptual clarity about the Working )apital, !und
!low Statement, )ash flow Statement, .atios and other related concepts. t will also be
beneficial for the readers in getting a clear picture about the financial picture, working
capital re'uirement and the risk of the industry.