A STUDY ON FINANCIAL PERFORMANCE OF FIRM WITH

REFERENCE TO VISAKA INDUSTRIES

Submitted in partial fulfillment for the award of

Post Graduate Diploma in Management

PGDM BATCH (2015-17)

SUBMITTED TO
Prof. C. S. PATTNAIK

SUBMITTED BY
M.SRIVATSAV GOUD
Reg.No.T-11044

A STUDY ON FINANCIAL PERFORMANCE OF FIRM WITH

REFERENCE TO VISAKA INDUSTRIES

Submitted in partial fulfillment for the award of

Post Graduate Diploma In Management
BY
M.SRIVATSAV GOUD
(Reg.No. T-11044)

Name of the faculty guide

Dr. SABYASACHI RATH

Prof. C.S.PATTNAIK

DEAN

2015-17

DECLARATION
I M.SRIVATSAV GOUD (11044) hereby declares that the summer titled project
A STUDY ON FINANCIAL PERFORMANCE OF FIRM WITH REFERENCE TO
VISAKA INDUSTRIES is an original work undertaken by me, under the guidance
of Prof.C.S.PATTNAIK. The report submitted is a bonafied work of my own
efforts and has not been submitted to any institute/university/conference or
published before.

Date:
Place:

(M.SRIVATSAV GOUD)

FACULTY GUIDE CERTIFICATE

I Prof. C. S. PATTNAIK certify that MR.M.SRIVATSAV GOUD has carried out a

A STUDY ON FINANCIAL PERFORMANCE OF FIRM WITH REFERENCE TO
VISAKA INDUSTRIES as summer training project for part fulfillment for the
award of Post Graduate diploma in Management from Vishwa Vishwani Institute
of systems &Management, Hyderabad. Further, I hereby certify that training
undertaken by him and the report submitted here with is genuine to the best of
my knowledge and is acceptable.

Signature :
Date:

ACKNOWLEDGEMENT
I M.SRIVATSAV GOUD would like to express our sincere and deep gratitude to
Mr. S. SHAFIULLA, the Assistant. Vice president in Visaka industries, that he
provided me the opportunity to do the internship in the organization.
I would also like to thank Mr. VIKRAM had recruited us to do our project in
VISAKA INDUSTRIES

I take this opportunity to thank our Dean, Dr. SABYASACHI RATH for providing
a chance to carry out this project
I would also like to thank Dr.M. MADANA MOHAN for guiding me to do the
project, and gave me opportunity to work with visaka industries and also Prof.
C.S PATTNAIK for helping me to do my project and guiding me in the project
work.
I owe my sincere thanks to my parents for guiding me, and giving me support in
my studies, and also taking care of me and my health And helping me in my
needs and wants.

M.SRIVATSAV GOUD

CONTENTS
Chap. No.

Titles

Page No.
1

1.1 Introduction to the study

1

1.2 Introduction of the company

1.3. Objectives of the study
1.4 Scope of the study

2
3
3

1.5. Research methodology

1.6 Limitations of the study

2.1 Review of literature

2.2 Industry profile

2.3 Company profile

9
13
20

Data Analysis and Interpretation

3

21

3.1 Comparative Balance Sheet Analysis

3.2 Common Size Balance sheet Analysis
3.3 Funds Flow Statement
3.4 Cash Flow Statement
3.5 Trend Ratio
3.6 Ratio Analysis
4

SUMMARY OF FINDINGS

30
36
45
54
75

SUGGESTIONS AND RECOMMENDATIONS

78

CONCLUSION

79

BIBILOGRAPHY

80

REFERENCE

LIST OF TABLES / FIGURES

CHAPTER

CONTENTS

PAGE NO.

3.1.1

The comparative Balance Sheet of 2010- 2011

21

3.1.2

The comparative Balance Sheet of 2011- 2012

23

3.1.3

The comparative Balance Sheet of 2012- 2013

25

3.1.4

The comparative Balance Sheet of 2013- 2014

27

3.1.5.

The comparative Balance Sheet of 2014- 2015

28

3.2.1

The common size balance sheet of 2010 2011

30

3.2.2

The common size balance sheet of 2011 2012

31

3.2.3

The common size balance sheet of 2012 2013

32

3.2.4

The common size balance sheet of 2013 2014

33

3.2.5

The common size balance sheet of 2014 2015

34

3.3.1

Funds flow statements of 2010 2011

36

3.3.1.a

Sources of 2010 2011

36

3.3.1b

Applications of 2010 2011

36

3.3.2

Funds flow statements of 2011 2012

38

3.3.2.a

Sources of 2011 2012

38

3.3.2b

Application of 2011 2012

38

3.3.3

Funds flow statements of 2012 2013

40

NO.

3.3.3a

Sources of 2012- 2013

40

3.3.3.b

Applications of 2012- 2013

40

3.3.4

Funds Flow Statements of 2013 2014

42

3.3.4a

Source of 2013 2014

42

3.3.4.b

Applications of 2013 2014

42

3.3.5

Funds flow statements of 2014 2015

43

3.3.45a

Sources of 2014 2015

44

3.3.5b

Applications of 2014 2015

44

3.4.1

Cash flow statements of 2010- 2011

45

3.4.1.a

Inflows of 2010 2011

46

3.4.1.b

Outflows of 2010 2011

46

3.4.2

Cash flow statements of 2011- 2012

47

3.4.2.a

Inflows of 2011 2012

47

3.4.2.b

Outflows of 2011 2012

47

3.4.3

Cash flow statements of 2012 2013

48

3.4.3.a

Inflow of 2012 2013

49

3.4.3.b

Outflow of 2012 2013

49

3.4.4

Cash flow statements of 2013 2014

50

3.4.4.a

Inflow of 2013 2014

51

3.4.4.b

Out flows 2013 2014

51

3.4.5

Cash flow statement 2014 2015

52

3.4.5a

Inflows of 2014 -2015

53

3.4.5.b

Outflows of 2014 2015

53

3.5

Trend Analysis

54

3.6.1

Current Ratio

55

3.6.2

Fixed Assets Ratio

56

3.6.3

Debt. equity Ratio

57

3.6.4

Proprietary Ratio

58

3.6.5

Capital Gearing Ratio

59

3.6.6

Cash Holding Ratio

60

3.6.7

Debt. Assets Ratio

61

3.6.8

Absolute Cash Ratio

62

TURN OVER RATIO

63

3.6.9

Fixed Assets turn Over Ratio

64

3.6.10

Working Capital Turnover Ratio

65

PROFITABILITY RATIO

66

3.6.11.

Total Investment to Total Assets Ratio

67

3.6.12

Financial Expenses Ratio

68

3.6.13

Administrative Expenses Ratio

69

3.6.14

Net Profit Ratio

70

3.6.15

Return on Net worth Ratio

71

3.6.16

Return on Total Assets Ratio

72

3.6.17

Earnings per Share

73

3.6.18

Return on Share Holders Fund Ratio

74

3.6.19

Gross Surplus Ratio

75

3.6.20

Return on Investment Ratio

76