1.

INTRODUCTION
The aim of the project is to makes business recommendations for an organization based on
analyses on financial factors in this project the main objective is to find if there is any
relationship between the expenses of the organization and the profit of the organization. This
project is partly based on the Narrative Analysis from the finance Department of Tata Motors.
And, also on the secondary data given by the same which includes the financial statement of
the organization of the last five consecutive years.

The finance being an integral part of any organization plays a very crucial part in the growth
and development of the organization. It can also predict the outcome of certain actions taken
and the future of the deals that the organization might be interested for investment in near
future. This is mainly done by looking into the previous results of transactions of same nature
and their detailed and deep analysis.

But, for making the course of the study meaningful and predictive the most important part is to
select the data very carefully the data. The selection of the data plays an important part because
the data will be used to make the prediction and also if the data maybe is incorrect or in any
way irrelevant it may lead to wrong and misleading prediction which will ultimately lead to
financial loss for the organization itself.

By the mean of this project it is tried to find out that if the organization gradually increases its
investment and expenses for the operations of the organization if the profit will also increase
with the same rates. This will be verified by looking into the expenses and the profits of last
five year of the financial data provided by the organization internal database.
1.1. Industry Profile

Automotive industry, all those companies and activities involved in the manufacture of motor
vehicles, including most components, such as engines and bodies, but excluding tires, batteries,
and fuel. The industry’s principal products are passenger automobiles and light trucks,
including pickups, vans, and sport utility vehicles. Commercial vehicles (i.e., delivery trucks
and large transport trucks, often called semis), though important to the industry, are secondary.

Although steam-powered road vehicles were produced earlier, the origins of the automotive
industry are rooted in the development of the gasoline engine in the 1860s and ’70s, principally
in France and Germany. By the beginning of the 20th century, German and French
manufacturers had been joined by British, Italian, and American makers.

The Indian auto industry became the 4th largest in the world with sales increasing 9.5 per cent
year-on-year to 4.02 million units (excluding two wheelers) in 2017. It was the 7th largest
manufacturer of commercial vehicles in 2018.

The Two Wheelers segment dominates the market in terms of volume owing to a growing
middle class and a young population. Moreover, the growing interest of the companies in
exploring the rural markets further aided the growth of the sector.

Overall domestic automobiles sales increased at 6.71 per cent CAGR between FY13-19 with
26.27 million vehicles getting sold in FY19 .Domestic automobile production increased at 6.96
per cent CAGR between FY13-19 with 30.92 million vehicles manufactured in the country in
FY19

In FY19, year-on-year growth in domestic sales among all the categories was recorded in
commercial vehicles at 17.55 per cent followed by 10.27 per cent year-on-year growth in the
sales of three-wheelers.

Premium motorbike sales in India crossed one million units in FY18. During January-
September 2018, BMW registered a growth of 11 per cent year-on-year in its sales in India at
7,915 units. Mercedes Benz ranked first in sales satisfaction in the luxury vehicles segment
according to J D Power 2018 India sales satisfaction index (luxury). Sales of electric two-
wheelers are estimated to have crossed 55,000 vehicles in 2017-18.
The government aims to develop India as a global manufacturing as well as a research and
development (R&D) hub. It has set up National Automotive Testing and R&D Infrastructure
Project (NATRiP) centres as well as a National Automotive Board to act as facilitator between
the government and the industry.

Alternative fuel has the potential to provide for the country's energy demand in the auto sector
as the CNG distribution network in India is expected to rise to 250 cities in 2018 from 125
cities in 2014. Also, the luxury car market could register high growth and is expected to reach
150,000 units by 2020.

India is also a prominent auto exporter and has strong export growth expectations for the near
future. Automobile exports grew 14.5 per cent during FY 2019. It is expected to grow at a
CAGR of 3.05 per cent during 2016-2026. In addition, several initiatives by the Government
of India and the major automobile players in the Indian market are expected to make India a
leader in the two-wheeler and four wheeler market in the world by 2020.

The automobile industry is supported by various factors such as availability of skilled labour
at low cost, robust R&D centres and low cost steel production. The industry also provides great
opportunities for investment and direct and indirect employment to skilled and unskilled
labour.

Indian automotive industry (including component manufacturing) is expected to reach Rs

16.16-18.18 trillion (US$ 251.4-282.8 billion) by 2026. Two-wheelers are expected to grow 9
per cent in 2018.
1.2 Profile of the Organization: Tata Motors

Tata Motors Group (Tata Motors) is a $45 billion organisation. It is a leading global
automobile manufacturing company. Its diverse portfolio includes an extensive range of cars,
sports utility vehicles, trucks, buses and defence vehicles. Tata Motors is India’s largest and
the only original equipment manufacturer (OEM) offering extensive range of integrated, smart
and e-mobility solutions.

The Tata group was founded by Jamsetji Tata in 1868, Tata Motors is among the world’s
leading manufacturers of automobiles. The organization believe in ‘Connecting aspirations’,
by offering innovative mobility solutions that are in line with customers' aspirations. They are
India's largest automobile manufacturer, and continue to take the lead in shaping the Indian
commercial vehicle landscape, with the introduction of leading-edge powertrains and electric
solutions packaged for power performances and user comfort at the lowest life-cycle costs.
Their new passenger cars and utility vehicles are based on Impact Design and offer a superior
blend of performance, driveability and connectivity.

The organization focus on connecting aspirations and their pipeline of tech-enabled products
keeps them at the forefront of the market. They have identified six key mobility drivers that
will lead them into the future – modular architecture, complexity reduction in manufacturing,
connected & autonomous vehicles, clean drivelines, shared mobility, and low total cost of
ownership. Their sub-brand TAMO is an incubating centre of innovation that will spark new
mobility solutions through new technologies, business models and partnerships.
1.2.1. Tata: Heritage

Founder: Jamsetji Nusserwanji Tata

The Founder of the Tata group began with a textile mill in

central India in the 1870s. His vision inspired the steel and
power industries in India, set the foundation for technical
education, and helped the country leapfrog into the ranks of
industrialized nations

Tata Titans: Jehangir Ratanji Dadabhoy Tata (JRD Tata)

Jehangir Ratanji Dadabhoy Tata - Jeh to some, JRD to others

- represented an exalted idea of Indianness: progressive,
benevolent, ethical and compassionate. We pay our homage
on his 115th birth anniversary. The late chairman of the Tata
Group pioneered civil aviation on the subcontinent in 1932
by launching the airline now known as Air India. That was
the first of many path-breaking achievements that JRD, who
guided the destiny of the Group for more than half a century,
came to be remembered for.

1.2.2. History

It all started when Jamsetji bought a ten-acre piece of marshy land from the Nagpur king and
set up Empress Mills. (It was registered in Bombay in 1874 as Central India Spinning, Weaving
and Manufacturing Company Limited. Jamsetji had started a trading company in 1868.)

Jamsetji did not want his employees to work in the squalid conditions that he had seen in
Lancashire’s cotton mills. So, at Empress Mills, he ensured proper ventilation and had an
apparatus installed for humidifying air. Sprinklers were installed to reduce damage by
accidental fires. He also set up a provident fund scheme, the first of its kind in India, and an
accident compensation fund.
When Jamsetji returned to Bombay, he had made enough money and he turned his attention to
purchasing property. Soon, he became one of the wealthiest men in the country. He then began
investing in the industrial future of India and drew up plans for many ambitious projects.

When it comes to 'firsts', however, Jehangir Ratanji Dadabhoy Tata’s achievements stand out.
From obtaining India’s first pilot's licence to starting the first cancer hospital in the country,
J.R.D. Tata sowed the seeds for a better India. His father, R.D. Tata, was a nephew of Jamsetji's
mother, and his mother, Suzanne Briere, a French citizen. He was born in Paris and spent his
childhood in France. After his father's death, he succeeded him to become a director of Tata
Sons at the age of 22.

J.R.D. became Tata Sons chairman in 1938, at the age of 34. The group had 14 companies then.
When he stepped down in 1991, there were 95. But his contributions went well beyond Tata
Group and its businesses. For instance, he helped Homi Bhabha set up India’s atomic energy
programme. Then he helped Homi Bhabha’s brother Jamshed Bhabha set up the National
Centre for Performing Arts (NCPA) in Mumbai.

Ratan Naval Tata, who took over from J.R.D. in 1991, had an entirely different task at hand.
“Liberalisation suddenly happened when Ratan Tata took over, and Tata holding in Tata Steel
was just four per cent. Ratan had the task of protecting it. Ratan Tata spearheaded the group's
global pursuits. It was not just the big-bang purchases like Jaguar-Land Rover or Corus Steel,
but also a well-thought-out expansion leveraging the group's strengths. Tata Chemicals, for
instance, had been in the business of salt and soda ash for decades. One of Tata Group's biggest
investments in India has been the Rs 25,000 crore steel plant in Kalinganagar in Odisha. It is
nothing less than a new beginning for the steel giant.

Tata's 150 years of existence has been the history of Indian industry. And there is only one
reason it continues to be as relevant. “The first word associated with Tata is trust,” says
Doongaji. “It is the most trusted name. In any country, what is the most important thing that
makes you trustworthy? Currency.” Jamsetji Tata is the only businessman to appear on the
currency of a country. “You will have Washington or Lincoln, but you will not find a
businessman,” he says. “On his 175th birth anniversary, the government of India released a Rs.
5 coin with Jamsetji Tata’s face on it.

1.2.3. About

Tata Motors, the group's flagship automotive company, manufactures and markets automobiles
for every need and segment.

Tata Motors' subsidiary, Jaguar Land Rover is Britain’s largest automotive manufacturer which
designs, manufactures and sells some of the world’s best-known premium cars. The two iconic
brands of JLR include Jaguar, with a range of luxury sedans, sports cars and luxury
performance SUVs, and Land Rover, encompassing a portfolio of premium all-terrain vehicles.

Tata Motors has a global footprint with operations in the UK, South Korea, South Africa and
Indonesia through a strong global network of 97 subsidiary and 9 associate companies,
including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.

 MISSION

We innovate mobility solutions with passion to enhance the quality of life

 VISION

By FY 2024, we will become the most aspirational Indian auto brand, consistently winning, by

 Delivering superior financial returns.

 Driving sustainable mobility solutions.
 Exceeding customer expectations, and
 Creating a highly engaged work force
 VALUES
 Integrity  Customer focus
 Teamwork  Excellence
 Accountability  Speed

1.2.4. Products

Following is the product portfolio of TATA Motors:

1. Cars and Sports Utility Vehicles

 Hatchbacks (Tiago, Bolt, GenX Nano)
 Sedans (Tigor, Zest)
 Sports Utility Vehicles (Harrier, Nexon, Hexa etc.)
2. Trucks & Buses
 Cargo (Prima, ICV Truck, Ace Gold etc.)
 Passenger Transportation (Buses, Winger, Magic)
3. Defence
 Logistics (Troop Carriers, Water Tankers, Tippers, Load Carriers, Prison Vans, Fire
Tenders)
 Aid & Development (Ambulances, Buses, Recovery, Truck, Refrigerated Truck,
Utility Truck / Troop Carrier)
 Armoured (Armoured Safari, Light Armoured Troop Carrier, Mine Protected
Vehicles)
 Combat Support Vehicles (4X2, 4X4, 6X6, 8X8, 10X10, 12X12)
 Combat ( Light Armoured Multi Role Vehicle, Wheeled Armoured Amphibious
Platform, Light Support Vehicle, Futuristic Infantry Combat Vehicle)

1.2.5. Swot Analysis of TATA Motors

 Strengths
 Diversified Portfolios
 Stabilized Earning
 Recognized Brand
 Number of Employees
 Weaknesses
 Indifferent to Changes
 Global Presence
 Weak Marketing Policy
 Narrow Domestic Market
 Opportunities
 Global Positioning:
 Opportunities for Merger and Acquisitions
 Increasing Purchase Power of Indian People
 Expanding Auto Market
 Threats
 Fuel Price
 Government Law on Environment
 Market competition
 Increasing Production Cost

In Conclusion: Tata Motors has more strengths than weaknesses. It actually is a locally
organized company means most of its business operations are in the local market. It should
develop new strengths and utilize its future opportunities to grow it further.

“If you cannot make it greater, at least preserve it.

Do not let things slide. Go on doing my work and
increasing it, but if you cannot, do not lose what
we have already done.”
-JRD Tata
2. RESEARCH METHODOLOGY
Methodology refers to the comprehensive actions of research in my internship report. To
achieve the required results to establish the objective, some methods are used. This section will
clarify the methods.

2.1. Statement of the Problem

This project is based on the Financial Analysis of Tata Motors and highlight the need of
financial analyst in any organization.

This project is based on the analysis of the financial statement of last five years of the
organization.

This project is based on following assumption:

A1: The increase in expenses will lead to increase in profit.

Hence, it is the aim of the project to analyse the data and find out if the assumption holds true
to the fact or if there is no such relation between the expenditures and the profit of the
organization.

The project highlights the importance of the financial analysis in the decision making and
forecasting the future path of the company. It is always advisable to look into the previous data
to find out or estimate the results of future actions. The financial analyst look into the data into
a systematic manner to find out such results that would to profitable for the organizations and
will help to avoid any situation which may cause any loss or unfavourable results.
2. 2. Need of Study

The main porpoise of the study is to find out if the expenses of the company has anything to
do with its profit or if there are other factors that may affect the profit of the company.

The project also gives an opportunity to enhance the observational skills and gives a front to
apply the theoretical knowledge on the real world problem.

Keeping in mind that the automotive industry in India is in a bad spot right now as the
production and sales numbers continue to drop month after month. Part of the consequences
include vehicle manufacturers having to cut jobs as they reduce their output in an attempt to
maintain their own fiscal balances.

Some reports suggest that up to 3.5 lakh automotive jobs in India have been cut since April
2019 and more than 200 dealerships have had to shut shop. These numbers are likely to go up
as the downward trend continues.

This study will extend an outlook on the notion on the fact that if any company can just increase
their profit by increasing the investments and the expenses.

With the financial analysis we may get a solution to the problems faced by the organization
and will save it from any other further loss.
2.3. Objectives & Scope of Study

The objective of the study introduces that why the particular study had to be conducted to be
studied and what is the main purpose of the project. The scope of the study on the other hand
will demonstrate the total coverage of the study and the areas under the project.

2.3.1. Objective

 To study the relation between the Profit and Expenses of the organization.
 To understand the working of Finance Department of the organization.
 To understand how to forecast and draw conclusions using the previous Financial
Statements.

2.3.2. Scope

The scope of the study is the financial inputs from Tata Motors.

The input of financial data is used as the tool to verify the assumption. And, the descriptive
analysis of the inputs provided by the team of Finance Department at the Tata Motors is used
to draw the picture of workings of the finance department.

The study coves the factors that affect the finances and investment decisions of the
organization. And, aims to improve the efficiency of output by the technique of effective
forecasting.
2.4. Type of Research

Research design identifies the approaches and techniques for conducting a certain study. A
research design is the preparation of circumstances for gathering and investigation of the data
in a means that aims to association importance to their purpose of the study.

2.4.1. Type of Research

This project is mainly of following types:

1. Quantitative Research
2. Descriptive Research

1. Quantitative Research:

It is used to quantify the problem by way of generating numerical data or data that can be
transformed into usable statistics.

In this project since the financial data is used of it is a numerical and thus is considered
quantitative research.

2. Descriptive Research:

It is used to define as a research method that describes the characteristics of the population or
phenomenon that is being studied.

Since, this project carries the descriptions by the finance department it id considered as the
descriptive research.
2.5. Data Collection Method

This project is mainly based on three types of data:

1. Descriptive Data
2. Secondary Data

1. Descriptive Data

Descriptive Data basically deals with what is not numerical in nature. It deals with analysing
the datasets and driving insights. It doesn't deal with or come with the right
recommendation/active to solve a particular problem. But, the data describe one group and that
group only. Much simple action research involves descriptive analysis and provides valuable
information about the nature of the particular group of individuals.

Here, the descriptive data of the team of finance department of Tata Motors is coincided for
the study. The source of the descriptive data is the Primary Sources through the Observation
and Unstructured Interviews.

2. Secondary Data

Secondary Data is information which has been collected in the past by someone else. It is not
first-hand data of the analyst.

Secondary source has played a vital role to play in this report. The financial data in this project
is feed by the previous records of the company.
2.6. Limitations of Study

 The study ignores the other internal and external variables that might affect the profit of
the organization.
 The study only consider a single variable for verification of the assumption.
 The limited time prohibits for a much detailed study.
 Several confidential data could not be shared because of the company’s policies.
 The study is only limited to the geographical boundaries of the organization’s location.
3. CONCEPTUAL DISCUSSION
A conceptual framework is an analytical tool with several variations and contexts. It is used to
make conceptual distinctions and organize ideas. Strong conceptual frameworks capture
something real and do this in a way that is easy to remember and apply.

3.1. Current Issues

1. Challenges Facing the Automotive Industry 2018

-By Access Finance (26 April 2018)

There is a real sense within the automotive industry that huge change is imminent. Whether
these will be as far-reaching as some predict remains to be seen, and whether they will be good
or bad remains a matter of personal opinion.

We take a look at the biggest challenges facing the automotive industry in 2018, an industry
that has been described as “undergoing the most significant change since Henry Ford
industrialised automotive manufacturing in 1908”.

 Overhauling the purchasing process

 The availability and interpretation of new data
 Self-driving cars
 Environmentally friendlier cars

2. Auto Industry Slowdown Hits Lakhs Of Jobs

-By J Sam Daniel Stalin (Aug 09, 2019)

The slowdown in auto sector has rendered an estimated three lakh and a fifty thousand people
jobless due to spiralling layoffs in the automobile industry. In Chennai's Amabattur industrial
estate the slowdown has crippled John Peter makes valve components. Over the last five
months, his 8 lakh monthly turnover has dropped by ninety percent, to just one lakh. With a
forty lakh private bank loan he has defaulted in repaying his monthly instalment of around a
lakh rupees. He has laid off 3 of his 13 workers. He has reduced the three hour shift to one.

This industrial hub with 2000 units employs around three lakh people. The industry has sought
government intervention. N Sujeesh, President, Ambattur Industrial Estate Manufacturers'
Association added "We need reduction in GST from 28% to 18 % and for sub-contractors,
small players from 18% to 5 %. Lending rate is high and we need to bridge the gap between
interest on savings and lending rate".

With thirty five thousand crore worth of unsold cars countrywide there's an abnormal hike in
dealers shutting down. The industry has estimated a loss of 3.5 lakh jobs from car
manufacturers to component manufacturers. S E Palanivel Babu, MD of True Sai Works, a car
dealer based in Salem has reduced his off -take by thirty five percent. He says dealers with
huge borrowings are collapsing.
4. DATA ANALYSIS
4.1. Data Entry of Vouchers

The data entry of various documents is very essential for maintaining the records and proofs of
transaction that take place in day to day operations of the company. In the finance department
also their various transaction that took place every day and the record of those transactions
where maintained with accuracy as any default in such data will lead to default in financial
payments. As a company work as a vendor to Tata motors it was very important for them to
maintain the records for the encashment of bills and also for other purposes such as tax and
BRS and sales invoice.

Finance department was responsible for verification of vouchers of sales and for accurate entry
of the same in the ERP system of the vendor as well as Tata. The vouchers where received
from the sales department later verified in the finance department and ultimately entered into
the system.

As mentioned earlier Tata motors was not the only one who was interested in the financial
data but there were several other parties who needed the financial data as well.
Below is the description of all the interested parties who are interested in the financial data.
Tax department: the vouchers received from the sales department where the proof of all the
sales that happen during the particular period of time. Thanks department was interested for
the purpose of calculation of taxes and collection of the same.

 Banks:
Another party was interested in the data where the banks. The bank was looking into the
data for various purposes such as loans and the bank reconciliation statement.
 Sales department:
The sales department was interested in data because of various reasons some of them are
Knowledge about inventory. Using the data they can easily figure out how much inventory
was left with them and when would be the right time to order more. They can also avoid
the situation of over inventory and under inventory using the data.
Actual sales using the data entry of vouchers actual sales of the company for particular time
period can be measured.
 Profit
Calculation of profit is also done through the entry of vouchers in the system. The profit is
calculated by subtracting the expenses from the gross sales.
Below is the steps for the Data Entry of Vouchers in the organization:

Step 1: Collection of voucher

The initial and foremost entry is done in the voucher manually. It is done by the sales
department at the initial stage. Later on the vouchers are delivered to the finance department.
These vouchers are handwritten and work as an evidence to the transaction that have took
place.

Step 2: Tally record with vouchers

At the point of sales when the vouchers are written they are simultaneously entered into the
record books. At the end of the day the record books as well as the vouchers are bought to the
finance department. The finance department Tally both the records as well as the voucher to
confirm that there is no difference in both the documents.

Step 3: Data entry in ERP system

The ERP system is the internal database of the organization once the records are Tally and
verified by the finance department it is gradually entered into the ERP system. The ERP system
is the online portal for the finance department and also for Tata through which all the
communications and all the important data and documents are communicated and shared within
the departments.
4.2. Financial Analysis

The financial analysis required to carry out a research a study of last three years of the financial
statement of the organization and present it in a more understandable way and to make it more
meaningful for the audience who are not from the financial background and make it easy to
understand for them as well.

The data carry the information of the last three year of the Tata Motors. The financial statement
was provided through the ERP of the Tata Motors and was secondary in nature.

The objective of the study is to find the relation between the Expenses and the Profit of the
company.

Below is the analysis of Expenses and the Profit of Tata Motors of last 5 years (2015-19):

 Expenses: (Rs. in crores)

Year Expenses

2019 69,155.42

2018 61,162.55

2017 52,161.31

2016 43,989.14

2015 41,747.12

Expenses
80,000.00

70,000.00

60,000.00

50,000.00

40,000.00

30,000.00

20,000.00

10,000.00

0.00
2019 2018 2017 2016

Expenses
 Profits (Rs. in crores)

Year Profit

2019 2,384.51

2018 991.63

2017 1,997.17

2016 234.23

2015 4,738.95

Profit
5,000.00
4,500.00
4,000.00
3,500.00
3,000.00
2,500.00
2,000.00
1,500.00
1,000.00
500.00
0.00
2019 2018 2017 2016 2015

Profit

Above was the Expenses and the Profit of Tata Motors of last 5 years.

The objective of the project being to find if there is any relation between the Expenses and the
Profit of the company now we will compare the profit of the company and the expenses done
during that year.
Year-wise Profit-Expense comparison:-

 2015

(Rs. in crores) 2015

Expenses 41,747.12

Profit 4,738.95

2015
45,000.00

40,000.00 41,747.12
35,000.00

30,000.00

25,000.00

20,000.00

15,000.00

10,000.00

5,000.00
4,738.95
0.00
Expenses Profit

2015

Observation: Hence, we see that the profit for 2015 is 4,738.95 and expense is 41,747.12.
 2016

(Rs. in crores) 2016

Expenses 43,989.14

Profit 234.23

2016
50,000.00
45,000.00
40,000.00 43,989.14

35,000.00
30,000.00
25,000.00
20,000.00
15,000.00
10,000.00
5,000.00
234.23
0.00
Expenses Profit

2016

Observation: Hence, we see that the profit for 2016 is 234.23 and expense is 43,989.14.
 2017

(Rs. in crores) 2017

Expenses 52,161.31

Profit 1,997.17

2017
60,000.00

50,000.00 52,161.31

40,000.00

30,000.00

20,000.00

10,000.00

1,997.17
0.00
Expenses Profit

2017

Observation: Hence, we see that the profit for 2017 is 1,997.17 and expense is 52,161.31.
 2018

(Rs. in crores) 2018

Expenses 61,162.55

Profit 991.63

2018
70,000.00

60,000.00
61,162.55
50,000.00

40,000.00

30,000.00

20,000.00

10,000.00
991.63
0.00
Expenses Profit

2018

Observation: Hence, we see that the profit for 2018 is 991.63 and expense is 61,162.55.
 2019

(Rs. in crores) 2019

Expenses 69,155.42

Profit 2,384.51

2019
80,000.00

70,000.00
69,155.42
60,000.00

50,000.00

40,000.00

30,000.00

20,000.00

10,000.00
2,384.51
0.00
Expenses Profit

2019

Observation: Hence, we see that the profit for 2019 is 2,384.51 and expense is 69,155.42.
 Combined analysis of Expenses and Profit:

(Rs. In Crores) Expenses Profit

2015 41,747.12 4,738.95

2016 43,989.14 234.23

2017 52,161.31 1,997.17

2018 61,162.55 991.63

2019 69,155.42 2,384.51

Chart Title
80,000.00
69,155.42
70,000.00
61,162.55
60,000.00
52,161.31
50,000.00 43,989.14
41,747.12
40,000.00

30,000.00

20,000.00

10,000.00
4,738.95
0.00 234.23 1,997.17 991.63 2,384.51
2015 2016 2017 2018 2019

Expenses Profit

Observation: Hence, We observe that despite the constant increment in the Expenses per year
there is no effect on the Profit.
5. MY CONTRIBUTION TO THE
BODY OF KNOWLADGE
As the intern of such well managed and an organization of operations with wide spread I was
able to enhance and emphasize my learnings. I was also given a chance to look closely into the
internal workings of the finance department. And, more interestingly I learnt how the wide use
of technology has benefited the finance sector in maintaining the accuracy and also the speed
of sharing the data which could have taken days.

I was welcomed to learn and give my inputs on the aspects which were under my scope of
study. The project introduced me the otherwise unknown factors of the industry that is not
possible to learn in the academic sessions.

Not only the aspects related to my project but the team was welcoming enough to explain me
the other operations and functions of the finance department as well. I was demonstrated the
step by step procedure of those functions in a very detailed manner and with a lot of eagerness
to make sure that all the aspects are well grasped by me.
6. FINDING, CONCLUSION AND
SUGGESTIONS
6.1. Findings

 With the analysis of the financial data of last five years I got to learn that the Expenses
which is taken as a variable in the assumption of the project is not a parameter to predict
the Profit.

 As in the due course of the study it was found that despite the increase in the expenses
constantly there is no such significant effect on the profit of the company.

 By using the previous year Financial Data we can predict the future results of the financial
transactions.

 It was observed that if a more easy and simplified way to deploy lone will be applicable it
will attract more customers and reduce the time taken in the process.
6.2. Conclusion

In conclusion, I would like to say that the Working of the organisation finance department was
a very planned and it was conducted in a systematic way during my course of workings I was
introduced to many financial aspects which was not covered during academics and acted as an
enhancement to my knowledge.

The financial analysis is a very crucial part in any organisation. The study of financial
statements is a very complex and intellectual process it do not only need the numerical skills
but also observational skills that will be helpful for concluding the results and finding
deviations if any.

The overall experience of working in organisation was very insightful and crucial for overall
development of skill and intellect of a finance student.
6.3. Suggestions

 A more simplified process for deploying the loans will attract more customers.

 A technological training session should be arranged for the employees.

 An environment of knowledge sharing must be uncultivated among the employees.

7. SUMMMARY OF THE PROJECT
The project is completely based on my analysis and conclusions during the 60 days off Summer
Internship. This project carries the elaborated and detailed study of scope of the project.

The first chapter of the project carries the introduction to the field of industry and the project
itself. It carries information about the automobile industry profile and its Road ahead. it also
carries a detail information of heritage, history, products, SWOT analysis and all other details
about the Tata motors.

The second chapter introduce the topic of the project. It also underlines the objective scopes
and limitations of the study. This chapter will also tell you the research methodology and the
type of data used in making the project.

The next on 3rd chapter carries literature review introducing the current issues faced in
automobile industry and the reasons of slowdown in the automobile industry.

The fourth chapter is a very crucial part as a carries all the data analysis and the descriptive
analysis during the course of project this part test if the assumption made during the project
initial stage holds true or is there any deviation to it.

The fifth chapter analyse the contribution in my body of knowledge and how the project has
helped me in enhancing my knowledge skills and added up to my insight.

The next chapter conclude the whole project by drawing the findings of the project followed
by a brief conclusion and also suggestions for the organisation.

The overall project is mainly based on the data provided to me by the organisation and also my
observation during the course of my Summer Internship program.
8. Annexure
1. 2015
2. 2016
3. 2017
4. 2018
5. 2019