HISTORY OF RAYMOND

Years ago, when the Singhania family was

building, consolidating and expanding its various
businesses in Kanpur, one Mr. Wadia was in a
similar manner setting up a small woolen mill in
the area around Thane creek, 40 kms away
from Bombay. The Sassoon’s, a well-known
industrialist family of Bombay, soon acquired this
mill and renamed it as The Raymond
Woolen Mills

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 .

Around the same time, the Singhanias aimed to broaden their business horizons.
The family’s sharp business foresight led to the acquisition of The Raymond Woolen
Mills. The vision and foresight of Mr. Kailashpat Singhania greatly helped in
establishing the J.K. Group's presence in the western region. Under his able
stewardship, Raymond embarked upon a gradual phase of technological up
gradation and modernization; producing woolen Fabrics of a far superior quality.

Under Mr. Gopalakrishna Singhania, the mill became a world-class factory and the
Raymond brand became synonymous with fine quality woolen Fabrics

When Dr. Vijaypat Singhania took over the reins of the company in 1980, he
injected fresh vigor into Raymond, transforming it into a modern, industrial
conglomerate. His son Mr. Gautam Hari Singhania, the present chairman and
managing director has been instrumental in restructuring the group.

Today, with a 31 million-meter capacity in wool & wool-blended fabrics, Raymond

commands an over 60% market share in worsted suiting in India and ranks amongst
the first three fully integrated manufacturers of worsted suiting in the world. We are
perhaps the only company in the world to have a diverse product range of nearly
20,000 design and colours of suiting fabric to suit every age, occasion and style. We
export these to over 50 countries, including USA, Canada, Europe, Japan and the
Middle East.

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 COMPANY PROFILE

The Raymond Group was incorporated in 1925; and within a span of a few years,
transformed from being an Indian textile major to being a global conglomerate.

In our endeavor to keep nurturing quality and leadership, we always choose the
path untrodden - from being the first in 1959 to introduce a polywool blend in India
to creating the world's finest suiting fabric

Today, the Raymond group is vertically and horizontally integrated to provide our
customers total textile solutions. Few companies across the globe have such a
diverse product range of nearly 12,000 varieties of worsted suiting to cater to
customers across age groups, occasions and styles.

We manufacture for the world, the finest fabrics- from wool to wool-blended worsted
suiting to specialty ring denims as well as high value shirting.

After making a mark in textiles, Raymond forayed into garmenting through highly
successful ventures like Silver Spark Apparel Ltd. and Regency Texteis Portuguesa
Lda (for fine Tailored Suits, Trousers and Jackets), EverBlue Apparel Ltd.
(Jeanswear) and Celebrations Apparel Ltd. (Shirts).

We also have some of the most highly respected apparel brands in our portfolio:
Raymond, Manzoni, Park Avenue, ColorPlus, Parx, Be:, Zapp! and Notting Hill.

With a 500 million US$ turnover, we are today one of the largest players in fabrics,
designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics
and air charter services in national and international markets. All our plants are ISO
certified, leveraging on cutting-edge technology that adheres to the highest quality
parameters while also being environment friendly.

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 GROUP COMPANIES OF RAYMONDS:

* Raymond Ltd.

Raymond Ltd. is among the largest integrated manufacturers of worsted fabrics in

the world.

* Raymond Apparel Ltd.

Raymond Apparel Ltd. has in its folio, some of the most highly regarded apparel
brands in India - Manzoni, Park Avenue, Color Plus, Parx, Be: and Zapp! and
Notting Hill.

* ColorPlus Fashions Ltd.

ColorPlus is among the largest smart casual brands in the premium category. The
company was acquired by Raymond to cater to the growing demand for a high end,
casual wear brand in the country.

* Silver Spark Apparel Ltd.

A garmenting facility manufacturing formal suits, trousers and jackets.

* Regency Texteis Portuguesa Lda

A facility set-up in northern Portugal bordering Spain, in Caminha for the

manufacturing suits, jackets and trousers.

* EverBlue Apparel Ltd.

A state-of-the-art denim garmenting facility.

* Celebrations Apparel Ltd.

A facility set-up for the manufacture of formal shirts.

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* J.K. Files & Tools

A leading player in the engineering files & Tools segment and the largest producer
of steel files in the world.

OUR JOINT VENTURES

* Raymond UCO Denim Pvt. Ltd.

The manufacturers and marketers of denim fabrics.

* Raymond Zambaiti Pvt. Ltd.

A Greenfield facility manufacturing high value cotton shirting.

* Raymond Fedora Pvt. Ltd.

A plant set up to manufacture carded Woollen fabrics and blankets.

* Gas Apparel Pvt. Ltd.

Our Joint venture with Grotto S.p.A will launch the highly successful 'GAS' brand in
India.

* J.K. Ansell Ltd.

The manufacturers and marketers of KamaSutra condoms and surgical gloves.

* J.K. Talabot Ltd.

Our Joint venture with MOB Outillage SA, manufacturing files and rasps for
international markets.

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With a 31 million meters capacity in wool & wool-blended Fabrics, Raymond
commands an over 60% market share in worsted suiting in India and ranks
amongst the first three fully integrated manufacturers of worsted suiting in the
world.

J.K. Files & Tools and Ring Plus Aqua Ltd. are the group companies that are
engaged in the manufacture of precision engineering products such as
steel files, cutting tools, hand tools, agri tools and auto Components.

Raymond Ltd. is one of the first Corporate Houses in India to launch Air
Charter Services in India in 1996, and since then it has been always a
way ahead for Raymond Aviation.

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 DIFFERENT BRANDS
A 100% subsidiary of Raymond Limited, Raymond Apparel Ltd. (RAL) ranks
amongst India's largest and most respected apparel companies. We bring to our
customers the best of fabric and style through some of the country's most
prestigious brands- Raymond, Manzoni, Park Avenue, Color Plus, Parx, Be:, Zapp!
And Notting Hill.

The company's Design Studio in Thane is well-equipped with state-of-the-art

facilities, which stimulate and nurture the creative energies of the Design Team.

Their efforts are complimented by a research team, which keeps a close watch on
international fashion forecasts and design trends.

A Design Studio has also been set up in Italy recently, which has further enhanced
our reputation in providing cutting edge design solutions of an international standard

All our brands are available at exclusive brand stores, ‘The Raymond Shop’ retail
outlets and multi-brand outlets across India and the Middle East

Manzoni offers discerning customers

the finest in contemporary
international style and luxury.

* Super Premium & first home grown

Entry level Luxury

* The finest 2ply200s,cottton shirt

launched by Manzoni for the first time
in India.

* The product range comprises Of super premium formalwear And sportswear

including Suits, shirts, trousers and High quality accessories such As

-Handcrafted silk ties,

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 -Pure leather shoes crafted in Europe

- leather belts

Launched in 1986, Park Avenue provides stylish and innovative wardrobe solutions
to well-dressed gentlemen. As India’s premium lifestyle brand, its designs embody
the latest in international fabric, styling, colour and fashion trends. We cater to
customer needs with formal clothing for varied occasions; be it for a day at office,
high-powered corporate meetings, family get-togethers or festive occasions. The
shirts, trousers, suits and jackets need little care and therefore convenient to carry,
while traveling..

* Leader in Men’s formal wear

* Awarded Super Brand status in 2006 -07

* Most innovative brand of the year 2006-07

-Shirts made from Bamboo fiber for the first time in India BY Park Avenue in
2006.

-Stain resistant suits for the first time in India by 2006.

Set up in 1993, Color Plus is one of India's leading casual wear brands. Our
shirts, trousers, knits, survival gear and accessories have always met
international quality standards. Today, Color Plus is present in over

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 180 locations in the South and West Asia through exclusive stores and select
'The Raymond Shop' outlets and is already in the process of expanding
further.

* India’s only super premium smart casual brand

* Know for Innovation and creativity

* Thermo-fused buttons, Golf ball wash, Soft jeans, Wrinkle free technology,
Stainfree fabric, cone dyed technique.

Parx reflects the persona of the energetic 22-30 year old who is aggressive,
outgoing, dynamic and lives his life to the fullest. Parx was launched in 1999 to
cater to the smart and fashionable clothing segment. The brand affords a wide
range of shirts, trousers, denims, polo’s and outerwear.

* Leader in Smart semi formal wear

* Nominated for -Best casual wear Brand 2006-07. -Best Advertising Campaign”

Be: offers a wide range of apparel and accessories for women across categories
namely - Women’s Western wear, Women’s Ethnic wear, Lounge Wear and Club
wear.

Be: brings a large collection of designer products to a large audience that is

increasingly becoming aware of designer wear and dreams of possessing one.
Affordability, Accessibility and Acceptability are the three attributes that characterise
Be:

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Zapp! presents an exciting range of garments and accessories targeted at fashion
conscious young adults between the age group of 4-12 years.

From party wear to casual wear, kids can now choose a different style for each
different occasion.To go with their clothes, kids can also shop for accessories such
as footwear, bags, bed and bath linen.

With our exciting clothes and accessories line complete with a unique and fun
experience; we look forward to redefining the kidswear market in the country

Notting Hill reflects style and manifests originality of today’s fashion-conscious and
discerning young professionals at an affordable price.

Notting Hill was launched in 2007 to cater to the popular price segment. Designed
in-house, the brand collection features a spectrum of men’s lifestyle products
comprising of suits, shirts, trousers, jeans, t-shirts. Notting Hill promises to be an
instant hit with the young working professionals.

. By the end of the first year Notting Hill would be made available across India with over
400 distribution points.

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 RAW MATERIALS
Raymond Woollen Mills ltd. Thane is a very well known Textile “composite
mill”. Earlier the products were of wool as well as worsted, but nowadays only
worsted is being used to produce the goods. Along with worsted viscose rayon,
polyester, silk, are also in use. The raw wool comes from Australia, it is Marino wool.
Merino wool:
Merino sheep produce the best wool. The
staple is relatively short; ranging from 1 to 5
inches, but the fibre is strong, fine and elastic
and has good working properties. Merino fibre
has the greatest amount of crimp compared to
all wool fibres and has maximum number of
scales to tailing as many as 3000 per inch. Two
factors which contribute to its superior warmth
and spinning qualities.
Viscose Rayon:
A rayon fibre is pure cellulose. Normally the 150 D
viscose yarns are used in the mill and it comes from
Century Rayon, Shahad, and Dist. Thane. The yarn is
used for the purpose of selvedge yarns. Staple fibres

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 are blended with polyester for producing
polyviscose suiting.

Polyester:
Polyester fibre is used in the form of Tow which is then cut in staple form and further
blended with the wool fibre. The polyester Tow is purchased from Reliance
Industries Limited (RIL), Patalganga, Dist. Raigad and Indian Organic Corporation
Limited (IOCL), Manali,Chennai.

The qualities are as follows,

2.5 D Low Pill, 3 D sparkle Polyester, 2 D Normal Polyester.
Also used are

• Camel Hair
• Mohair
• Cashmere
• Alpaca
• Angora
• Linen
• Silk
GENERAL INFORMATION ABOUT RAW MATERIAL:

Earlier the sorting operation was done in Raymond only. But now the bales that are
imported are sorted already and the sorting department is eliminated permanently.

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The bale number, weight of bale, quality is written on the bale cover and when bales
are come they are weigh and taken to store in the scouring department and storage

MANUFACTURING
PROCESS

INDEX

1. COMBING & TOP DYEING SECTION.

2. SPINNING
3. WEAVING
4. FABRIC DYEING
5. FINISHING
6. DESIGNING DEPARTMENT
7. FOLDING
8. WARE HOUSE
9. QUALITY CONTROL
10. RESEARCH AND DEVELOPMENT

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 1: COMBING & TOP DYEING SECTION

1.1: WOOL PROCESING:

The raw wool is imported from the countries like Australia, New Zealand etc. and for
exotic blends; cashmere & camel hair is produced from India. All the fibres come in
staple form of the lengths of 5 to 9 cm.

1.2: BALE OPENING:

 Bale weight: approx. 200 KG.
 Name of the machine: Wiling machine.
The raw wool that is in the bale form is opened manually from the bales and is
fed to the Willing machine. Here initial opening is done with the help of the
beaters. Then the material is fed to the scouring machine that immediately
follows this.

1.3: SCOURING:

 Make of the machine: PETRIC MACNAUGHT LTD., ENGLAND.

Raw wool contains natural grease from the animal, along with dirt, dust, burrs, and
twigs, hay and other bits of vegetable matter. Before it can be made into cloth, it
must be cleaned by a process of scouring. Long-tined rakes pull the wool through a
series of long tanks filled with mild solution of soda ash or other alkali and warm,

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soapy water. The wool floats to the top, while the dirt sinks to the bottom. Between
each tub, the wool is squeezed through rollers to remove grease, dirt and water.
In between these tanks there are squeezing rollers unit which squeeze liquor. The
total time for this machine is 15 min.
 Grease content removed is 30% in the form of grease & short fibres.
 The residual grease content in the fibres after this process is 0.2%-0.5%.
 The moisture content in the fibres after this process is 12-15%.
 Production: 350 Kg/hr.

1.3.1: DRYING: Wool is not allowed to become absolutely dry. Usually, about 12-
16% of the moisture is left in the wool. Here heating coils are used and the total time
taken by the process is 15 min.
1.3.2OILING: The fibre is usually treated with 60% wool oil and 40% antistatic
agent to keep it from becoming brittle and avoid any static generation during further
processing & to lubricate for spinning operation.

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1.3.3 CHECKLIST FOR WOOL WASHING PROCESS

1. Quantity of greasy wool in hopper must be full to get optimum output & obtain
consistency in feeding.
2. Speed of inclined lattice should be optimum.
3. Gauge between inclined lattice & evener roller to be checked.
4. Level of liquid to be checked & maintained.
5. Temperature & Squeeze roller pressure to be checked & maintained.
6. Condition of squeezing roller lapping & to see that upper layers of 100 % wool
7. Flow back process should be kept in operation.
8. Main & auxiliary fork motion should be jerk less.
9. Liquid circulation should be checked.
10. Drying temperature should be checked.
11. Lattice speed to be checked.
12. Spraying of antistatic solution.
13. Blowing should be smooth.
14. Grease content to be checked.
1.3.4.DEFECTS OF WOOL WASHING

1. Yellowing of fibres.
2. Under scouring.
3. Felting.

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 4. Burring of fibre.
5. Improper drying.
6. Bad material handling.
1.4 CARDING

1.4.1 GENERAL:-In the manufacture of worsted yarns, carding is essential process

as most of cleaning takes place here.

1.4.2 Objectives:
 Dividing the fibre tufts into smaller ones.
 Partial stretching of the fibres and to orient them in the same direction.
 To remove impurities such as burr, vegetable matter, dust, dirt (heavier than
wool).
 To enable blending of various fibres & evening it out.
 Converting random bulk of fibres in to a rope like form called as sliver.
1.4.3 Defects:
 Overlapping of material on doffer.
 Sliver weight variation.
 Thick & thin planes.
 Cut web on doffer.
Make of the machine: BREVETTO BIELLA, ITALY.
Machine: THIBEAU CARDING 2200mm WORKING WIDTH
FOR CARDING 2500mm WORKING WIDTH
Total 7 carding machines are used each having production capacity of 60 Kg per
hour.

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 The waste removed is called ‘Noil’ which is used in the manufacturing of
blankets. (This is sent to the JALGAON unit as a raw material).
 The total waste removed: 1-1.5%.
 Efficiency of the machine: 85%.
 Production 600 Kg of wool & 720 Kg of polyester.

1.4.5 Quality Checks:

It is important to have uniform & constant feeding viz. achieved by
a. Volumetric feed mechanism.
b. Gravimetric feed mechanism.
During carding, the card sliver should have 0.6-0.8% of grease content & 15-18%
moisture content. Sliver wrapping is also checked after 2 hrs.
Setting of machine is also done during every change.

1.5: GILLING:
The carded wool, which is to be made into worsted yarn, is put through gilling
operation.

1.5.1 Objectives:

 To straighten the fibres and parallelise the fibres.

 To remove the shorter staple fibres.

 To blend the fibres.

1.5.2 Defects occurring in gilling:

 Inadequate pressure in roller

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  Broken pins or improper density

 Faulty fallers

 Improper gilling

Before combing tree passages of gill boxes are used. The density of the pins
in the gill boxes goes on increasing with each passage from 3 pins/cm to 24
pins/cm. 10 slivers are fed to each machine at a time. After the 3 passages of gill
box material is send to the comber.

1.6 COMBING:

1.6.1 OBJECT:

1. To remove short fibres form the material.

2. To remove all vegetable (foreign) matter & neps.
3. to straighten & parallelize the fibre.

Machine:

• NSC PB-27/28/29/30
• SMB
• SAN

1.6.2. COMBER CHECKLIST:

1. Keep the M/C clean.

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 2. Run the M/C with full silver.
3. Feed the can of 3rd gill to comber.

4. Check the noil %.

5. Check the combed silver (evenness).
6. Check cylinder needles (half lap). Top comb, feed comb.
7. Check the aprons.

1.7 CONVERTER:

1.7.1 Object: - The continuous filament tow is fed to a converter & is cut into staple
form as per requirement so that it can be used to spun a staple yarn or a sliver can
be used for blending with other fibres. So the tow is then converted into a staple
sliver coiled in can.

Advantages of using converter over preparing sliver by Card are:-

1. In converter fibres are cut at the required length so the length variation in the
material is greatly avoided.
2. Carding is completely eliminated. i.e. no waste & carding cost.
3. Higher production than carding (300-450 kg/hr as against 60 kg/hr)
4. This converter is provided with the gill box, thus more parallelization &
straightening of fibres.
Machine: NSC D-65RS

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 After converter 3 passages of gilling are given for doubling & drafting making
sliver more parallel & even. Final delivery may be either a ball top (for blending) or
bump top (for top dyeing).

1.8: POLYESTER PROCESING:

The polyester continuous filaments are used as a raw material here. These raw
materials are sourced from various manufacturers like IOCL-Chennai, Reliance etc.
of different denier and of different finishes like sparkle, dull, low pill, semi sparkle
etc. here no combing process is given to the polyester, since its length is uniform.
There are two types of the process that can be given to the polyester component.
One is carded polyester sequence and other is converted polyester sequence.
1.8.1:CONVERTED POLYESTER SEQUENCE:
The continuous polyester filaments are fed to the converter machine. This machine
can cut the filaments into required length of 75mm, 88mm or 102mm.Normally
88mm staple length is used.
The material is given three passages of gill box and finally ‘Ball-top’ is produced. Its
weight is around 12 Kg. these ball tops are then converted to the bump tops and
then they are send for dyeing.
The total production of the machine is 6000 Kg per day.

1.9: COMBING LAB:

In Combing Lab following tests are done:
 Grease content of the raw wool after and before scouring.
 Moisture content test.
 Blend composition of dual blend and tertiary blends.
 Micronaire fineness test.
 Average fibre length test.

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 Projection drawing test.
 Uster evenness test. Etc…

1.10 TOP DYEING:-

1.10.1 Sample dyeing:

Before sample to be taken for top dyeing, sample dyeing is done at lab scale
The material after sample dyeing is send to the colour matching on spectrometer. If
the shade matches with the standard sample then the bulk dyeing is done.

Introduction:-
This is one the most important departments in Raymond’s. Colour, which is very
important in our life as well as in textile industry, is being added here. Though
dyeing is an essential and common department, the method of dyeing that is used
here is different. Instead of dyeing the fabrics or yarns the dyeing is carried out
when the material is in sliver form.

Principal:-
In this method material is stationary and the dye liquor is moving. Material in
the top form is inserted in the spindles and certain pressure is applied with the help
of the pressing machine. Then with the help of the Crain, carriers are lifted and
taken to the machine.

Construction: - Main machine have two vertical cylindrical vessels adjacent to it;
one is for the chemicals i.e. exhausting agents, levelling agents, antistatic agents,
soap solution, reduction clearing chemicals etc. and other is for the dye solution

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which contains propeller for agitation of the dye liquor. All dyeing machines are
handled by dyeing operators but the working actions of the machines are controlled
from main computer control room.

1.10.2. TOP DYEING LAB:

This is the heart of the department, because peoples working in this

department decide the procedures and the process parameters. Apart from this
many other works like, testing various fastness properties of the dyed material,
match the shades, check the purity of the chemicals, and check the sublimation
properties of the disperse dyes, testing the quality of the blends.

1.11: RECOMBING:-

Material from the third gill box is fed to the combing machine. In all 18 combing
machines are present with total production capacity 6000 Kg.

1.12. GILL BOX:

The material coming from recombing machines are given two passages of gill box.
Finally the bump top is prepared and this is send to spinning department for further
processing.

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FLOW CHART:

24
GREASY POLYESTER POLYESTER
WOOL

CARDING CONVERTER
DIRECT
BALE
BLENDING
GILLING-1 GILLING-1

SCOURING
GILLING-2 GILLING-2

CARDING POLY BUMP GILLING-3

TOPS
GILLING-1
BACK WASH
TOP DYEING
GILLING-2
OPENING
GILLING
GILLING-3 HYDROEXTR
ACTER

GREY DEFELTING
R.F DRYER
COMBING
GILLING-1

GILLING-4

GILLING-2
GILLING-5

GILLING-3
WOOL
BUMP TOP
RECOMBING

GILLING-4

FINAL RECOMBED BUMP TOP TO

SPINNING DEPARTMENT GILLING-5

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 2. SPINNING

RAYMOND TEXTILE SPINNING PROCESS

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FLOW CHART:-

BUMP TOPS FROM RECOMBING

CONDITIONING

GILLING

RUBING FRAME
RUBBING FRAME
(FM5P)
(FM7N)

RING FRAME

STEAMING

AUTO WINDING

PLY WINDING

TFO

STEAMING

YARN ROOM

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2.1: CONDITIONING:-
When the tops from combing
department are taken to spinning
dept. they are carried in a trolley and
are kept for conditioning. Each trolley contents about 20 tops. The conditioning
room is closed and the humidifiers are installed in it for humidification. The
conditioning time is 24 to 48 hrs. After conditioning the materials are taken for
spinning process.

2.2: GILLING:-
Here tops are opened and gilled
and doubled for which 4 passages
of gilling are given. And mass per
unit length is brought under control
which can be fed to roving frame.
In the third passage, Auto leveller
is used to eliminate the short term
regularities. Then in the last
passage Bi coiling or Tri coiling is
done. There are two lines. One for coarse fibre processing and the other for fine
fibre processing.

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2.3.1 ROVING:
The sliver is then converted to roving by
applying draft and number of doubling
operations to make the material uniform.
The basic operations that are carried here
are 1) Feeding 2) Drafting 3) Rubbing
(imparting virtual twist to strengthen the
strand of fiber) and 4) Balling or canning.

Objectives:-
• Drafting: - to reduce the weight per unit length of the sliver
• Twisting: - to impart twist to the roving strand
• Winding:-to wind the roving onto a suitable package

2.3.2RUBBING FRAME:
Objective:-
* To convert the drawn sliver into a form
suitable for spinning in ring frame.
This machine gives false twist to the fibres.
In this case the cohesive force is
developed by giving a false twist by the
action of rubbing rollers

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2.4:QUALITY CHECK:
Four bobbins from each machine are taken and checked for U% and wrapping. For
wrapping 1 meter of roving is taken. Along with this TPM is also checked. By
stretching the rove between the two points, it is required that fiber must be
separated or come out without applying high tension. This is the sign as that
required & optimum twist U% is between 4.0 – 4.2%
Here the final roving is prepared.

2.5 RING FRAME

The Rubbing frame bobbins or the roving bobbins are brought to ring frame dept.
and the roving is converted in to yarn by roller drafting system. A draft of 13 to 30 is
given and twisted material is wound on a ring bobbin

2.6 STEAMING:-
After ring frame the yarn is subjected to steaming. Highly twisted yarns are prone to
snarling during winding. The snarling capacity is reduced by setting the twist under
high pressure and temperature. This is achieved by the process of steaming

MATERIAL HANDLING:
The supply material to sectional warping are
cheeses or cones, which are taken from yarn
room as per requirement, which are carried by
trolleys to warping department. After the beam

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is produced, the remaining bobbins are again carried to yarn room by trolleys and
are store there.

2.7 INTRODUCTION:
In Raymond Mill, sizing operation is omitted, as all the yarns are doubled and have
got a good abrasion resistance and are strong sufficiently. To get abrasion
resistance wax is applied at warping. There are some another advantages of doing
sectional warping, which are followed here over beam warping.
- Space required is less as compared to beam warping.
- Yarn breakages can be easily located.
- Fancy structures like rib, strips etc. can be produced in the cloth.

2.8 DRAWING IN:

OBJECTIVE
Warping is carried out to convert predetermined
package such as cone or cheese into sheet of yarn
of specified length and width. Individual ends in
warp are uniformly spaced across the spaced
width. In weaving, it is necessary to spread the
warp threads properly in order to get required
compactness of cloth. Passing the warp yarn
through the dents of the reed of appropriate count
so that cloth woven from warp will contain required numbers of ends effects this.

31
Also passing of warp threads through drop wires heald wires and the dent of reed is
carried out by process known as drawing in.

DRAWING IN OPERATION:
The operation of drawing in is called out in following manner…
One operative called ‘Reacher’ and another one called ‘Drawer’ sits at back and
front of the frame respectively. The reaches takes the bunch of warp threads in his
hand, straighten them up and select the yarn one by one from the one extreme end
of loom beam in proper sequence. By this time the drawer inserts the hook through
the corresponding reed dent, heald eyes, front to back. The reacher then hooks the
yarn in the hook and drawer will draw it through healds and reed dent and will knot a
bunch of threads at reed to avoid slipping of threads.

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 3. WEAVING

WEAVING PROCESS OF RAYMOND TEXTILE

3.1: Flow chart:

33
 YARN ROOM

SECTIONAL WARPING

DRAWING- IN

LOOM SHED

PERCHING

GREY MENDING

IN WEAVING 6000 Kg. of yarn is converted onto 21000 Metres of fabric per day.

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 3.2: WEAVING

Objective:-To produces a fabric of desire construction by interlacement of warp and

weft yarn.
Introduction:-In Raymond Mill, there are two types of looms, projectile (SULZER
RUTI) and rapier looms (rigid (Dornier) / flexible (NP)).

About 12000 meters of linear fabric is produced per day. There are total 112 looms
working three shifts. That means each loom is producing about 92 meters of fabric
per shift. The number of machines according to make model and loon speed.

This department also has a quality control section where day to day quality
parameters of the fabrics are checked and necessary action are taken whenever
there is some diversion from the norms. This quality control section is linked with the
main quality control department, which controls the over all quality checks.

35
3.3: CHECK ROOM:
Check room is provided to check the fabric structure and faults in the fabric
according to the piece ticket, number of pick are checked. Two more PPI is
tolerated; otherwise the fabric is not allowed to pass further. Fabric widths less than
10 mm of reed length are tolerated. Maximum half /one hour is required to check the
sample. Any fault occurred in the sample, the memo is sent to quality control
department.

36
 4. FABRIC DYEING

In this department dyeing is carried out in two forms.

1. Fabric dyeing, also called as piece dyeing.
2. Yarn dyeing. (In both cheese/cone form and beam form).

4.1 Fabric Dyeing:-

Fabric dyeing is carried out in either ‘Rope’ form or in ‘Open width’ form.

4.1.1 Rope form:

Here both piece and liquor are moving. Only in case of jet overflow dyeing liquor
is stationary & piece is moving. There are three types of rope dyeing machine:
a) Jet overflow M/C.
b) Brazzoli overflow dyeing M/C.
c) Dalal overflow dyeing M/C.

4.1.2: Open width form:

a) Beam dyeing:
Here the piece is stationary and the liquor is circulating. The piece which is to be
dyed is wound on a perforated cylinder. Hot water is passed through this cylinder
at 70 °C. Then it is covered with cotton cloth & is clamped with collar plates. This

37
batch is then placed in dyeing. there is In-Out & Out-In flow of the liquor which is
controlled automatically. After dyeing fabric is passed through rope opener.

b) Jigger dyeing:

Jiggers are used for dyeing the terry viscose fabrics, here reactive dyes are
used. Before dyeing the pieces are wound on Let-off rollers then they are passed
through the tank containing dyes and then they are wound on Take-up rollers.
For light shades such 2 shades are given while for dark shades 4 cycles are
given.

c) Cheese dyeing:

The cheese dyeing machines are similar to top dyeing machines. Only
difference is that here spindles are used for placing the packages on the carrier,
instead of hollow cylinder for placing the top as in case of top dyeing machine.

Following defects may occur:

1. Uneven dyeing: sometimes patchy dyeing takes place. For this 5-10%
levelling is carried out, i.e. piece is redyed.
2. Draining: if drying process is carried out late, then this effect occurs.
There will be lines on the fabric. So it is passed through hot water at 70 °C.
3. Moiré: slight waviness in the yarn which can be felt by hand. This effect
occurs mainly in beam dyeing.
4. Listing: this defect occurs in viscose dyeing i.e. jigger dyeing there will be
a band formation near the selvedge, so 10% levelling is carried out in jigger.

38
 5. Oxidation: this defect also occurs in jigger. If some soap particles remain
on the fabric surface, so 5-10% levelling is done in jigger.
6. Water mark: if the fabric is kept wet for long time then this defect occurs.
There is no way of correcting this fault, so fabric is cut at the section.

4.2.3FINISH MENDING:

Here all types of defects are detected and the fabrics are classified into
‘A’,’B’,’C’,’D’ groups depending upon the type and the no. of faults occurring in that
particular length of fabric.

Here cutting instructions are also given to the folding department by attaching
different coloured tags (yarns) to the selvedge. If the faults are mendable ten they
are mended. Carbon tetra chloride is used for removing stains on the fabric. During
the process of mending the length of the fabric is also measured. The different tags
used are:
• White & Blue double thread: fabric to be cut.
• Yellow: full lengths piece to be cut in multiple of 1.2 meters.
12 meters for civil.
15 meters for export.
• Blue: fabric to be send to the J.K Bombay Ltd.,(Garment factory)
• Red: major defect.

Flow chart civil order:

Measuring - Folding - Cutting - Selvedge Stamping – Weighing - Hand Rolling - Top
end Stamping – Passing - Computer entry – Packing – Warehouse

39
Flow chart export order:
Measuring – Tube rolling – Weighing – Passing – Computer entry – Packaging -
Warehouse

5. FINISHING

40
 Finishing is one of the
essential processes to
processing mill, where all
materials are subjected
before they put in the
market.
Finishing gives following
advantages:
1. Improved appearance
- Lustre
2. Improved feel, which depends on the handle of the fabric and its softness,
fullness etc.
3. It improves wearing qualities - Ant crease

4. It gives special properties required for particular uses - Water proofing, flame
proofing etc.
5. It increases weight of the fabric & sale value of the material.
6. It improves natural attractiveness & serviceability of the fabric.
Hence, finishing is essential for a textile good before they are put on the market.
In Raymond there are three dept. of finishing.
1. Wet finishing.
2. Dry finishing.
3. Grey finishing.
Terywool, All wool & Trovin i.e.
Teryviscose fabrics are finished.

.6: DESIGNING DEPARTMENT:

41
6.1: INTRODUCTION:

The main objective of this department is to produce various designs as per Trends
in the market and to provide sales people the various combinations of designs and
blends etc.

There are two ways in which this department has to function:

 The customer sends sample cuttings. This sample is analysed for blend,
shade, count, ends/inch, twist/inch, cover factor, feel, handle etc. if the fabric
is available with the mill, and then it is send to the party for approval.
Otherwise various samples are developed with no. of combinations and these
are sending to the customer for their approval.

 The designing department also develops various new designs in different

shades and blends, etc. before this; required information is taken from the
production planning department, like availability of yarn etc., for bulk
production. These new self-developed samples are send to the product
department, these samples are presented to the customers and then the
bookings are taken.

FUNCTION OF THE DESIGNING DEPARTMENT:

42
1) To attend the international fairs with the sales people and do survey of the market
and get the customers for the company.
2) To make the sample blankets for the sample preparation as per the summer and
winter, two times in a year before the conference. This should be planned before the
three months from the conference.
3) If any new fabric order comes, then analyze it and give the details to the sample
preparation department for the sample making and show it to the customer
suggested by them and confirm for the bulk order.
4) Then make the master card and forward it to the production-planning department
for the production planning.

The numbers of shades which will be provided to the customer are

predetermined. Any sample which can not be produced in these predetermined
shades are termed a ‘Out of range shade’. Following are the colour codes given:

Colour name Colour code Colour name Colour code

White & Gold 1 Violet 5
Blue 2 Rust 6
Red 3 Brown 7
Green 4 Black/Grey 8
Mix (Melange) 9

The designing department also caters the needs of exports. A separate section is
present for this purpose.

7. FOLDING

43
The fully finished fabric from the finishing department is being folded in the folding
department. The folding of the fabric is carried out according to the requirements of
the civil and export market. Civil fabrics are folded and export fabrics are rolled on
the plastic tube. In folding department fabrics are cut at yellow tags. Then fabric
weight and all the details like length, width, quality, etc. are written on a flag which is
attached to the fabric. Different qualities have different flags. Then selvedge
stamping is done & top end stamping is done as follows:
Name of the company:
Date of manufacturing:
Blend%:
Quality:
Width of the fabric:

These stamping is very necessary as this has been prescribed by the

TEXTILE COMMINESSOR.

Flow chart civil order:

Measuring - Folding - Cutting - Selvedge Stamping – Weighing - Hand Rolling - Top
end Stamping – Passing - Computer entry – Packing – Warehouse

Flow chart export order:

Measuring – Tube rolling – Weighing – Passing – Computer entry – Packaging -
Warehouse

8. WAREHOUSESING

44
 The material from the folding comes to the warehouse department for the storing.
The material is first divided into the civil or export or exotic. As per the material, this
is kept in the bins as per the quality wise and shade wise.
The civil and export lots are stored separately. About the exotic lots, they are
packed in the well packing suggested by the customer and stored. Dispatches are
made as per the requirement.

Fabric Flaws:
 Where in weft wise flaw run across the pieces, the same will be flagged with a
red flag.
 Where a warp wise flaw runs down the piece up to 100 cm, same shall be
flagged with a red flag at start of the flaw.
 Where flaws are minor in nature, they will be flagged with white flag.

9. QUALITY CONTROL & CENTRAL LAB:

45
There is a centralized Quality Control lab catering to the various departments. Right
from the fibres, to the delivered finished fabric, all these things are maintained to the
highest quality standards.

This department is segregated into four sub labs:

 Combing quality control lab.
 Spinning quality control lab.
 Weaving quality control lab.
 Dyeing and finished quality control lab.

In the central lab, along with the regular mill products, the out side yarns are
tested for twist, count, strength, blends etc. the development fabric samples and
out side fabric are tested. Also the samples of J.K Bombay, J.K. Investors are
tested here.

The following parameters are tested for different products.

FIBRE:
Fibre diameter (micronair), oïl content, neps, vegetable matters, moisture etc.

YARN :
Count, strength, twist (single yarn & piled yarn), blend, evenness testing etc.

FABRIC:

46
Construction, (EPI, PPI, Count), width, weight/sq.mts, partial wear, pilling, seam
slippage, shrinkage etc., water fastness, dry cleaning fastness, abrasion, blend,
tensile strength, crease recovery, rubbing fastness etc.

LEGEND

• 1: TEST IS ONLY FOR INFORMATION PURPOSE

• 2: TEST NOT APPLICABLE
• 3: TEST IF REQUIRED BY CUSTOMER
• 4: TEST REPORT APPROVAL IS ESSENTIAL BEFORE DESPATCH
• 5: SINGLE WEFT QUALITIES & FOR DEVELOPMENT SAMPLES
• 6: TEST REPORTS TO IDENTIFY DEFICIENCES & REPORT
IMMEDIATELY

47
 10. RESEARCH AND DEVELOPMENT

10.1 FUNCTION:

A number of tests are required to be carried out for the raw material or chemical that
is used in the industry. There are some standards for the raw material and chemical
e.g. purity, solid content, pH, fastness, performance, Density etc. These tests are
carried out in R & D by collecting the sample from various depts. and are compared
with ISO norms set and the remark is given about the test, which is to be followed
by the respective department.

10.2 SAMPLING PLAN

• Sample collected from : Store

• Frequency of collection: One sample is tested from each lot.
• Sample tested by : Lab assistant (R&D)
• Result reported to : Manager (R&D)
• Action taken by : Manager (R&D)

R & D of Textile Division continues to develop new products & finishes for
the market. All Wool, light weight, fine count suiting based on Superfine 200’s wool
was produced during 2003. Machine washable 100% wool fabric has been developed.

48
 INVENTORY

1. Manufacturing plans are made, based upon the inputs from Products and
Designing. Department deciding the specification of the development of fabric,
while the Market decides the acceptability to market and the quantity.

2. A yearly plan is first made based upon the expectations of marketing. The
capacity balancing is then done and the entire production is divided into the
available production capacities at three locations.

3. Depending upon the capacity loading, the requirements from Marketing are
converted into manufacturing.

4. Raw-material, dyes & chemicals, other horizontal inputs and optimum

utilization of capacity are the major balancing factors which decide the
feasibility of timely delivery.

5. After allocation of plans to various locations. Any problem faced at any

location needs an immediate attention so that other locations take up the
production need in order to meet the deadline of delivery.

6. Inventory control is another major function of production planning. Strategic

buying of wool is necessary in the wool-buying season as compared to the
consumption in particular month. One has to make sure that weather we have
sufficient wool, for consumption, at a particular time, brought at the cheapest

49
 possible rate and maintain minimum inventories carrying charges. Inventory at
various stages of production is balanced dynamically ensuring that any left
over are adjusted in the next plans.

7. After the production department starts working on a particular plan, monitoring

function comes into picture where PPD has to take care and ensure that all
the components required for the manufacture of a particular product reach the
production department at the exact time Any bottlenecks, problems, changes,
stop over, affect the schedule which make continuous monitoring a critical
function.

8. Depending upon the response of market, sales cancels manufacturing

instructions giving a shock to the entire sequence which has to be absorbed
without affecting inventory built up and loss of capacity which remains
outstanding for sometime.

50
 DEMAND
The targeting customers of Raymond are basically in all segments:-

For eg.

Target the customers in different criteria’s that is:

Park Avenue: for formal clothing for varied occasions

Be: offers a wide range of apparel and accessories for women

Zapp: for kids

Tapping export markets

Raymond has a strong presence in the export market, particularly for its fabric
business. This should stand the company in good stead as. international retailers
would be looking to source their requirements from those with whom they share a
long-standing relationship.

It has also tried to complete its product demand portfolio through its launch of the
brand "BE", which caters predominantly to the growing women's clothing market.

51
 SUPPLY
The domestic and export markets for readymade garments growing at an increasing
pace, a presence in garments would provide it an opportunity to augment its
earnings.

Widening retail network

An important prerequisite for a successful branded apparel business is visibility.

Raymond has a head start with more than 300 exclusive shops spanning the
country. The company also plans to set up outlets in select shopping malls. The
exclusive shops eliminate the need for intermediaries. They also lend a premium
quality to Raymond brands as compared to multi-brand outlets. With the onset of
the retail boom, the company would be able to leverage on its retail outlets to
augment its top line.

COMPETITORS
The main competitors of Raymond
peter England
2. raid & Taylor
3. Cambridge
siyaram’s
vimal

52
 FINANCIAL REPORT
BALANCE SHEET AS ON 31 MARCH 2007

53
 AMOUNT AMOUNT
INCOME: Schedule Amount Amount
Sales , Services & Incentive No.
8 (in Lacs)
129962.75 (in Lacs)
LESS: Excise Duties 1543.40
1.SOURCES OF FUNDS: 128419.35
Other income 9 9077.82
A. Shareholders’ Funds: 137497.17
Share Capital 1 6138.08
Reserve and Surplus 2 129477.86 135615.94
EXPENDITURES:
Material costs 10 37737.82
B. Loan Funds: costs
Manufacturing 3
11 27099.12
Secured Loan in finished & process
Increase/decrease 12 56686.05
791.45
stock Unsecured Loan 13 22074.96
22558.39 78761.01
Employment costs 14 26113.63
C. Deferred Taxselling
Administrative, Liability
& general expense 15 4711.91 5587.73
Finance charge Total 6305.51 219964.68
Depreciation 125317.83
2. APPLICATION OF FUNDS:
51.04
A.Less:
Fixedtrial
Assets:
run expenditure capitalized 4
a)Gross Block
Finished &process stock transferred on 123003.48
3468.26
b)Less: Depreciation
divestment of business 55397.84
c)Net Block 67605.64 121798.53
d)Capital
PROFIT Work
FOR THEin YEAR
Progress
BEFORE 8568.51
15172.47 76174.15
EXCEPTIONAL ITEMS: 526.17
B.
- Investment
CONTINUING OPERATIONS 5 15698.64 98447.50
- DIVESTED DENIM BUSINESS
C. Current Assets, Loan & Advance 6 8809.32
a)Inventories 28366.36
684.68
b)Sundry Debtors
ADD:SURPLUS ON DIVESTMENT OF DENIM 26877.07
c)Cash & Bank Balance
BUSINESS 2561.40
d)Other Current Assets
LESS:OTHERS 2969.90
e)Loans & Advance 21715.86 23823.28
PROFIT FOR THE YEAR BEFORE TAX 82490.59
4210.00
D.
- Less: Current
Current tax Liabilities & Provision 7 815.00
a)Liabilities
- Less: deferred tax 29083.90
275.00
b)Provision
- Fringe benefit 8063.66
28.00
- Wealth tax 37147.56
3698.00
Net Current Assets (C-D) 45343.03
20125.28
Total 219964.68
PROFIT FOR THE YEAR AFTER THE TAX

54
SCHEDULE NO. 1
SHARE CAPITAL

Authorized:
(10, 0000000 equity share of Rs 10 each) 1000.00
Issued and Subscribed: 6138.08
(6, 13, 80,853 equity share of Rs 10 each fully paid up)

SCHEDULE NO. 2
RESERVES AND SURPLUS

A. Securities premium account 14778.55

B. Capital redemption reserve 1371.01

C. Debenture redemption reserve 1450.00

D. General reserve 83989.5

E. Profit and loss account 27888.77

Total reserve and surplus 129477.86

SCHEDULE NO. 3
LOAN FUNDS
a) Secured loan 56686.05
b) Unsecured Loan 22074.96
Total loan funds 78761.01

SCHEDULE NO 5
INVESTMENT ( AT COST/BOOK VALUE)

Long Term Investment 75311.99

Current Investment 23135.51

TOTAL INVESTMENT 98447.50

55
SCHEDULE NO 6 -
CURRENT ASSETS, LOANS AND ADVANCE

a) INVENTORIES

Loose tools 84.75

Stores & spare parts 1561.50

Stock-in-trade :

Raw Material 4475.97

Goods in process 8673.34

Finished goods 9007.19 22156.5

Merchanting goods 2714.92

Goods in transit 1848.69

TOTAL 28366.3

b) SUNDRY DEBTORS:

Debts 1899.76

Other debts 24977.31

TOTAL 26877.07

c) CASH AND BANK BALANCE:

Cash in hand 709.22

Balance with scheduled Bank 1837.34

Balance with Non scheduled Bank 14.84

56
 TOTAL 2561.40

d) OTHER CURRENT ASSETS:

Export incentive receivable 412.75

Dividend and interest 1798.92

Claims & other receivables 758.23

TOTAL 2969.90

e) LOANS & ADVANCE: 21715.86

TOTAL PER BALANCE SHEET 82490.59

SCHEDULED NO 7

CURRENT LIABILITIES AND PROVISION

A) CURRENT LIABILITIES

Remuneration to the directors 17722.89

Advance against sales 771.64

Due to subsidiary companies 1007.15

Deposits from dealers 5600.62

Overdrawn bank balance 1815.07

Other liability 2017.25

57
 Interest accrued but not due 149.28

TOTAL 29083.90

B) PROVISIONS :

For proposed dividend 3069.04

For tax on proposed dividend 521.58

For taxation 468.44

For fringe benefit 2.58

For retirement benefit 2912.71

For excise duties 223.02

Others 866.29

TOTAL 8063.66

TOTAL (A+B) 37147.56

SCHEDULED NO 8 :
SALES SERVICES & INCENTIVE:

A) GROSS TURN OVER:

Manufactured Goods 122905.41

58
 Merchanting goods 7324.08

130229.49

Less:

Sales return 690.13

Other discount & allowance 1632.27

127907.09

B) INCOME FROM AIR TAXI OPERATIONS 894.33

C) GROSS INCOME FROM SERVICES:

Income from job work 2.89

Income from other services 247.50

250.39

D) EXPORT INCENTIVE 910.94

. TOTAL(A+B+C+D) 129962.75

SCHEDULE NO 9:
OTHER INCOME

(Including the long term investment, current investment

profit On sale of long term investment etc.) 9077.82

59
SCHEDULE NO 10
MATERIAL COSTS
Opening stock 7001.74

ADD: purchase 33027.79

40028.53

Less:

Sales 1022.91

Transfer on divestment of 2949.17

business

36056.45

Less: closing stock 4475.97

RAW MATERIAL CONSUMED 31581.48

COST OF GOODS SOLD:

Opening stock 1311.36

Less: VAT credit availed

on opening stock -
Add: purchase 7559.90

Less: closing stock 2714.92

6156.34

TOTAL (A+B) 37737.82

60
SCHEDULE NO 11 -
MANUFACTURING AND OPERATING COSTS
Stores and spare parts 9984.79

Power and fuel 8532.86

Repairs to building 664.81

Repairs to machinery 1293.01

Other manufacturing and

operating expenses 6623.65

TOTAL 27099.12

SCHEDULE NO 12

INCREASE / DECREASE IN FINISHED IN PROCESS STOCK

Opening stock:

Goods in process 10004.35

Finished goods 8451.76

18456.11

Closing stock:

Goods in process 8673.34

Finished goods 9007.19

17680.53

61
 775.58

Add: variation in excise duty on opening

And closing stock of finished goods 15.87

TOTAL 791.45

SCHEDULE NO 13 –

EMPLOYEMENT COSTS

Salaries, Bonus And Wages 20060.27

Contribution To Provident & Other Funds 1317.63

Workmen And Staff Welfare

Expense 1180.49

TOTAL 22558.39

SCHEDULE NO 14

62
 ADMINISTRATIVE, SELLING AND GENERAL EXPENSE

Insurance 435.52

Rent 2040.95

Lease rentals 19.55

Rates and taxes 67.89

Advertisement 6641.50

Commission to selling agents 3623.63

Freight, octri etc. 1130.36

Provision for doubtful debts 15.00

Legal and professional charge 2485.60

Miscellaneous expenses 9009.08

Loss on sale/discardment of fixed assets 409.04

Provision for diminution in value of

Current investment 140.28

Contribution to charitable funds etc. 56.98

Directors fees 7.05

TOTAL 26113.63

SCHEDULE NO – 15

63
 FINANCE CHARGE

Interest on debentures & fixed loans 3446.42

Others interest 1187.78

4634.20

Commitment & other charges on loan 205.49

4839.69

Less: borrowing costs capitalized 127.78

TOTAL 4711.91

BALANCESHEET AS ON 31ST MARCH, 2006

64
 AMOUNT AMOUNT
INCOME:
Sales , services & incentive 8 134459.99
LESS: EXCISE DUTIES 1986.08
AMOUNT AMOUMT
1.SOURCES OF FUNDS: 132473.91
Other income
A. Shareholders’ Funds:
9 8163.51 140637.42
Share Capital 1 6138.08
Reserve and Surplus 2 112856.45 118994.53

EXPENDITURES: B. Loan Funds: 3

Material Secured
costs Loan 10 40665.75
54667.56
Manufacturing costs
Unsecured Loan 11 29344.92
22120.28
Increase/decrease in finished & process 12 (510.89) 76787.84
C. Deferred Tax Liability 6402.73
stock Total
13 20397.96 202185.10
Employment costs 14 23833.84
Administrative, selling
2. APPLICATION OF& general expense
FUNDS: 15 3528.09
Finance charge 7271.16
B. Fixed Assets: 4
Depreciation
a)Gross Block
124530.83
136672.80
b)Less: Depreciation 67765.80
c)Net Block (70.75)
68907.00
Less: triald)Capital Work in Progress
run expenditure capitalized 15604.81 84511.81
Finished &process stock transferred on
C. Investment 5
(1187.81) 73660.28
divestment of business 123272.27
D. Current Assets, Loan & Advance 6
a)Inventories
PROFIT FOR THE YEAR BEFORE 31904.16
16449.92
b)Sundry Debtors 24846.74
EXCEPTIONAL ITEMS:
c)Cash & Bank Balance
915.23
2503.17
- CONTINUING OPERATIONS
d)Other Current Assets 17365.15
3315.06
- DIVESTED DENIM
e)Loans BUSINESS
& Advance 1442.06
-77011.19
D. Less: Current Liabilities & Provision 7
a)Liabilities
(994.67)
26227.34
ADD:SURPLUS ON DIVESTMENT OF DENIM
b)Provision 6770.84
BUSINESS 32998.18 16370.48
LESS:OTHERS 2750.00
Net Current Assets (C-D) 44013.01
Total
1000.38 202185.10
PROFIT FOR THE YEAR BEFORE TAX 358.00
- Current tax 33.00
- Less: deferred tax 4141.38
- Fringe benefit
- Wealth tax

PROFIT FOR THE YEAR AFTER THE TAX 12229.10

65
 BALANCE SHEET AS ON 31ST MARCH, 2005

AMOUNT AMOUMT
1.SOURCES OF FUNDS:
A. Shareholders’ Funds:
Share Capital
Reserve and Surplus 1 6138.08
2 104255.45 110393.53

B. Loan Funds:
Secured Loan 3
Unsecured Loan 39333.30
17944.50
C. Deferred Tax Liability 57277.80
Total 5402.35
173073.68
2. APPLICATION OF FUNDS:
A. Fixed Assets: 4
a)Gross Block 114068.96
b)Less: Depreciation 62798.10
c)Net Block 51270.86
d)Capital Work in Progress 7983.80
59254.66
B. Investment 5 73427.48

C. Current Assets, Loan & 6

Advance 28756.59
a)Inventories 22627.67
b)Sundry Debtors 1324.83
c)Cash & Bank 2277.72
Balance 10514.50
d)Other Current 65501.32
Assets 7
e)Loans & Advance 19504.61
5605.17
D. Less: Current Liabilities & Provision 25109.78
a)Liabilities
b)Provision 40391.54
173073.68

Net Current Assets (C-D)

Total

66
RATIO ANALYSIS: BALANCE SHEET RATIO OR FINANCIAL MANAGEMENT
SCHEDULE AMOUNT
NO
INCOME:
Sales , services & incentive 8 114382.74
Other income 9 8256.28
122639.02

EXPENDITURES:
Material costs 10 34683.24
Manufacturing costs 11 25816.24
Increase/decrease in finished & process 12 1009.29
stock 13 20287.69
Employment costs 14 19943.38
Administrative, selling & general expense 15 2883.14
Finance charge 6376.72
Depreciation 110999.70

10.96
Less: trial run expenditure capitalized
Finished &process stock transferred - 110988.74
on divestment of business
11650.28
PROFIT FOR THE YEAR BEFORE 2467.99
EXCEPTIONAL ITEMS:
Add/Less: Exceptional Item 9182.29

PROFIT FOR THE YEAR BEFORE TAX 1775.00

- Current tax (299.36)
- Less: deferred tax -
- Fringe benefit 25.00
- Wealth tax 1500.64
7681.65

PROFIT FOR THE YEAR AFTER THE

TAX

67
Current Ratio = Current Assets
Current Liabilities

Year 2007 = 82490.59 = 2.22:1

37147.54

Year 2006 = 77011.19 = 2.33:1

32998.18

Year 2005 = 65501.32 = 2.60:1

25109.78

Note: Generally, the ratio 2:1 is considered satisfactory. So here is no worry

about the

Current Ratio:-

Proprietary Ratio = Proprietors Fund or Equities

Fixed Assets +Current Assets

Year 2007 135615.94 = 0.85 or 85.47%

158664.74

Year 2006 118994.53 = 0.73 or 73.67%

161523

68
 Year 2005 110393.53 = 0.88 or 88.48%

124755.98

Note: This mean that out of every rupee of assets employed in the business, 85
paisa in 2007, 73 paisa in 2006 and 88 paisa in 2005 contributed by the proprietors
and remaining contributes by the outsider creditors

OBSERVATIONS AND SUGESSION

The observation which we came across in the company while visiting the
manufacturing unit was that the company what maintained properly and work in
progress was proceeding very smoothly. The machinery were kept in proper way
i.e. assembly line was maintained so that wip can be minimized. All the waste
material was collected in dustbins and those waste materials are also utilized in
different ways.
We observed that workers were properly trained from time to time. So due to proper
training they have became skilled. The flooring was maintained and their was facility
of drinking water for lab ours.
in short the company provides comfort to their workers.

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 CONCLUSION
A leader in the premium fabric market, Raymond is emerging as a garment player to
reckon with. Its wide presence in the export market makes it a strong contender in
the race to gain global market share in clothing.

Premium garments to provide avenues for growth. INVESTORS can hold the stock
of Raymond. the company's long-term growth prospects remain unaffected.

The company continues to enjoy a leadership position in the worsted fabric market.
It has also gained a dominant presence in the domestic market for high-end
garments. Having made inroads in the export market, Raymond is better placed to
cater to the demand from such markets.

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 BIBILIOGRAPHY
SEARCH ENGINES:
1. www.yahoo.com
2. www.redif.com
3. www.google.com
4. www.textile.about.com

SITES:
1. www.raymondindia .com
2. www.indianbusinessnews.com
3. www.indianhandbook.com

RAYMOND COMPANY { managers and staff }

1. Mr. Ashok Khedekar
2. Mr. Mishra

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 NILESH AHUJA
ANSARI SHABANA
APTE ALHAD
RAWLANI SANJAY
SHARMA ISHANT
MAKHIJA
SWEETY

THANKYOU

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