INTRODUCTION 1.

1 Introduction of Sri Bhavani Textiles Processor (P) limited

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Sri Bhavani Textiles Processors (p) limited was started in 1983.This factory is located in a suitable climate condition on the banks of the Bhavani and Cauvery rivers in GobiTaluk, Erode District. The company doing manufacturing and job order processing. The company is equipped with the latest machinery for processing of cotton, rayon, polyester and its blends, both yarn and woven fabrics. The company is using eco-friendly dyes and chemicals. The company is equipped with modern effluent treatment plant. The generator effluent from all processes, if fully treated and used as per the norms of Tamilnadu Pollution Control Board. The company has implemented new methods for complete treatment of the effluent and reuses it to the process and also to provide bio-fertilizer.

1.2 Period of training The summer institution training was undergone for a period of one month from 20-06-2011 to 25-07-2011.

1.3 Area of Training During the training period the trainee has visited various departments of the company. The trainee mainly focused on production department.

CHAPTER II COMPANY PROFILE 2.1 HISTORY OF THE COMPANY: Sri Bhavani Textiles Processors (P) Ltd., Akkarai Kodivery, Gobi Taluk is situated on Gobi-Sathy Main Road. The company was incorporated in the year 1983, with a capital of Rs.12.50 lakhs and went into production in the year 1985 with a capacity to process 30,000 meters 1 day. The company is managed by the board of directors. The company is equipped with the latest machinery for processing of cotton, rayon, and blends and polyester fabrics and also to dye cotton and blended yarn. Also we have an automatic printing machine to print up to 8 colors. Fabric processing machine includes a singeing machine, kiers, continuous mercerizing machine, automatic and semi automatic jiggers, jumbo jiggers jet and beam dyeing machine. Dye padding machine, high performance stenters, curing machine and zero zero machine. Dyeing of yarn is done by high-pressure package dyeing machines. The company initially went into production with a capacity to process 30,000 meters of fabric per day.

With the help of dedicated work force, the company was able to grow and at present the capital is 61.00 lakhs and has double its capacity to process fabrics. Also during the course the company was able to install a printing machine to print approximately 10,000 meters per day. And yarn dying machine to dye about 2,000 kg of yarn per day. We do the post mercerizing grade dyeing. The process is looked after by processing manager who is assisted by as processing manager, printing master, yarn dyeing master and supervisors. The administration is looked after by the office manager. The company has strength of 60 staff and supervisors and 250 workers. The company is equipped with modern effluent treatment plant. All dyes and chemicals used are eco-friendly. The generated effluent from process is fully treated and discharged as per the norms of Tamilnadu pollution control board. The treated effluent is utilized for agricultural purpose. Apart from this certain quantity of treated effluent is recycled so as to minimize wastage of water. The company is an ISO 14001-1996 EMS certified and they plan to obtain ISO9001 in the near future.

NAME OF THE COMPANY:

SRI BHAVANI TEXTILES PROCESSORS (P) LIMITED

BOARD OF DIRECTORS: Mr.P.Senniappan Mr.A.Pattayangounder Mr.S.Sublakshmi Mr.S.Gunasekaran Mrs.Sreevidhya

BANKERS: Indian Overseas bank Kottaibranch, Erode.

AUDITORS: R.Krishnamurthi& co, Charted Accountant, I floor, Sundaram apartments,

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77, race course road, Coimbatore - 641018. INTERNAL AUDITORS: VEKAM AND ASSOCIATES, 29, Thillainagar, Erode - 638001. REGISTERED OFFICE & FACTORY: Akkarai Kodivery (post), Gobi (Tk), Erode district-638454. Email: brtsbt@gmail.com

ADMINISTRATIVE OFFICE: 58, Thillainagar, Erode - 638001. Email: brterd@gmail.com

CONTACT NO: 91-4285-264134 2641374 FAX NO: +914285264294

MARKETS: Newdelhi, Kerala, Bangalore, Coimbatore. PRODUCTS: Blouse materials, Checked Shirts

2.2 ORGANISATION CHART:

Board of Directors

Managing Director

General Manager

Office Manager

Personnel Manager

Engineer

Processing Manager

Accountant

Assistants

Supervisors

Stores Incharge

Dyeing Master

Assistants

Typist

Workers

Supervisors

Stores incharge Workers

Assistant Dyeing Master

Cashier

Workers

Supervisors

Workers

2.3 FUNCTIONAL DEPARTMENTS: The company has various departments functioning in relations with each other various departments of the company as follows: Production Department Personnel Department Account Department Warehouse and Store Department Welfare Facilities 2.3.1 PRODUCTION DEPARTMENT: Sri Bhavani Textile Processors (P) Ltd. is doing the following job are bleaching dyeing and printing. Section of Production Departments: The sections in production departments are i. ii. iii. iv. v. Grey section Electronic data processing (EDP) section Boiler section Printing section Yarn dyeing section

2.3.1.(i) GREY SECTION: They maintain the accounts for receipt and issue of raw materials and the records for the materials sent for processing and the goods ready for delivery. The grey received and issued in linear matter is also accounted.
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Job Card Job card is made on lot basis with the following instructions
Shade Colors

Silicate
Caustic Soda

Peroxide The hydrogen and sodium silicate are filled in the boiler and the cloth is boiled in the mixed and its boiling print. Mercerizing The cloth is passed through a solution of caustic soda and wetting agent of a particulars concentration is their mercerizing and the cloth washed with sulphuric or hydrochloric acid with soda-ash. It is a best colorization machine. Normally the mercerizing has 4 compartments. 1. Caustic compartments 2. Stabiliser compartments 3. Hot wash compartments 4. Acetic and neutracial num 200. MACHINES HANDLED IN GREY SECTION: 1. Beam batching machine

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After mercerizing the polyester lots comes to the beam batching machine. It how many maters lots we want take in this machine to rolling 2. Beam dyeing machine It is a high temperature and high pressure (HRHP) machine. Its only used polyester lots colorization. 3. Stenter machine Before finishing the lots comes to the stenter machine. It is used to give stiffness to the lots. The cloth is passed through the chemicals the stenter machine is increased the lots width and suitable finishing. 4. Curing Machine After stiff finishing the lots comes to the curing machine its temperature is 140c to 160c if is used to give shine to the lots. After curing machine the lots goes to the coating machine. 5. Opening machine The lot is rolling in the washing section, the opening machine is straight the lots open with the all types of lots come to the opening machine. 6. Drying Machine It is the next process of opening machine. The drying machine omits to the water dries the lot, ironing the lots lastly comes to the next process.

7. Zero-Zero Machine It is a minor stage. In this stage the cloth and increased the weight of the cloth the machine normally processed 3 ways.
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1. Chemicals added the cloth in both sides 2. Drying the cloth maintain the equal width 3. Cloth comes outsides 2.3.1.(ii) EDP SECTION: Electronic data processing involves the use of computers. This EDP plays a vital role in the processing the data preparing and maintains the various accounts. Each and every shift in account section is provided with a computer. In order to reduce their work and save their precious time. Main functions of EDP Preparation of accounts department ledger Preparation of daily production dispatching and stock reports Preparation of pay slip 2.3.1.(iii) BOILER SECTION: The main aim of the machine is to produce the heated thermic fluid oil and this heat is used in drying the fabric incurring machine and printing drier and stander machine. Mechanical equipments & working procedures Thermic fluid storage tank Heater Firing Capacity to boiler
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Steam Generation Thermic fluid oil heating Thermic or 55 (unsteal of water)

2.3.1.(iv) PRINTING SECTION

6 tons 1 hrs 3 tons 1 hrs 15 lakhs kg

Printing section handled the flat bed printing machine. The cloth rolls on the machine and rolls over to the printing. In the flatbed printing machine temperature is 100oC to 150oC. Printing Parts PVR Gum Brush Blanket Rubber blade Printing Types Pigment Relation Printing machine used 8 colors after that the cloth is dried and washed.

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PRINTING PROCESS Desizing

Scouring

Bleaching

Dyeing

Flatbed Printing

Washing

Calendaring

Checking and Inspection

Packing

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YARN DYEING PROCESS

Grey yarn receipt

Grey yarn inspection

Grey godown

Cheese winding

Dyeing

Hydro extractor

Drier

Cone winding

Dyed yarn checking & packing

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Dyed yarn storage bin

2.3.2 PERSONNEL DEPARTMENT: The main function of the personnel department is as follows: 1. Recruitment 2. Training 3. Time office 4. Attendance 5. Leave facility 6. Maintenance 7. Planning and required man power 8. Records 9. Internal enquiries - Disciplinary actions - Low production 10.Finalization always and work load 11.Grievances of employees 12.Welfare activities

RECRUITMENTS:

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The recruitment section employs new persons with required qualification after conducting interviews and decides their salary according to qualification and experience.

TRAINING: The employees are given training in order to set proficiency in their work of given proper training. The employees are mostly trained in an effective way. TIME OFFICE:

The time office follows the 3 shifts. The shift times are as follows
o o o o

First shift - 12 am to 8 am Second shift - 8 am to 4 pm Third shift - 4 pm to 12 pm Women workers have only general shift (9am to 5pm).

The employees are given two types of cards in the company. They are,
o o

White card - Permanent employee Pink card apprenticeship

It is provided to both permanent workers and office staffs.

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OFFICE (RECORD ROOM AND SERVER ROOM): The office maintains the records in a separate room. The day to day activities are recorded in a perfect way. All email processes are recorded in the server room. MAINTENANCE The building has to cleaned, painted, white washed at least once in a year. PLANNING FOR REQUIRED MANPOWER The production department has to plan the man power required for each department functioning in the company. SECURITY MAINTANANCE Security maintenance office is under the control of personnel department. No one can enter the company without the permission. Every new comer should give the details. The company profile provided for parking is available near by the gate. Proper ventilation and lighting is provided for every department. The company provides ID card for all workers. Each worker and staff must carry ID card compulsory. LIC AND BONUS Salary saving scheme is provided to the employees and the premium for LIC is deducted from the savings.

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Yearly bonus is paid to the employees based on the yearly gross earnings deducted and the percentage is calculated as per settlement. LEAVE FACILITY: Every Sunday is weekly holiday for the production department and office staff. Other facilities in the company includes, 1. Earned leave 2. National and festival holidays

BENEFITS STATUTORY BENEFITS It is provided to both permanent workers and office staffs. PROVIDENT FUND Both employee and employer contribution is 12% but employer contribution is deducted from the salary.

PLANNING FOR REQUIRED MANPOWER:The production department has to plan the man power required for each department functioning in the company.

GRIEVANCE OF EMPLOYEES
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Grievance of employees is to be learned and remedies are provided immediately to get the work done perfectly. WELFARE FACILITIES One of the important facilities at personnel department is to look after the welfare of the employees. Employees are provided working dresses for safety with rest room medical facilities etc. Certain employees are trained in first aid for which they are given certificate. 2.3.3 ACCOUNTS DEPARTMENT: Finance is the life blood of every business organizations. A well managed finance department is the strength of a good business enterprise. The finance department of Sri Bhavani textile processors (p) ltd headed by a finance manager is responsible for all financial transactions. Procurement and allocation of funds are the major functions of the finance department. The functions of finance department are; Preparation of annual financial statements and reporting to the management. Account management-profit and loss account, balance sheet, cash book, Ledger, etc... Custody of safeguarding of assets, securities and valuables. Maintaining salary records, wages and advertisements.

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 Accounting of receipts and payments and safeguarding of cash balance payments The finance department also serves some other functions also. Among them reporting to the top management regarding the fund position, financial highlights and financial positions. Getting the accounts audited Maintenance of inflow and outflow of cash. Maintenance of accounts Recording of transactions Closing the accounts periodically.

Management of funds

Supervision of complete accounting

STRUCTURE OF FINANCE DEPARTMENT

ACCOUNTING STANDARDS: SIGNIFICANT ACCOUNTING POLICIES:

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The company follows the mercantile system of accounting. The accounts are prepared on historical cost basis and as a going concern to comply in all material aspects with the mandatory accounting standards issued by the institute of charted accounts of India and the relevant provisions of the companys act 1956.

VALUATION OF INVENTORIES: Stores and spare parts are valued at cost. Work in progress is valued at average cost. CASH FLOW STATEMENT: Cash flow statement has been prepared under indirect method and attached herewith. CONTINGENCIES AND EVENTS OCCURING AFTER THE BALANCESHEET DATE: There are no contingencies and events after the balance sheet date that affects the financial position of the company. The various accounts polices are followed:
o o o o

Basic of accounting Fixed assets Depreciation Inventories

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o o

Gratuity Deferred tax

FINANCIAL RESULT (Rupees in Lakhs) PARTICULARS Sales and other income Profit before depreciation Depreciation Profit before tax Profit after tax 31.03.2010 1425.68 196.20 165.47 30.72 30.32 31.03.2009 1454.95 196.39 154.72 41.67 21.52

PERFORMANCE During the year of review the company has process 67.03lakhs meters of fabric and 587.238 tons of yarn and earned profit before tax of Rs.34.06 lakhs.

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BALANCE SHEET: BALANCE SHEET AS ON 31.03.2010

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PARTICULARS 1.share holders fund (a)equity share capital (b)reserves & surplus

SCHEDULE A

31.03.2010 7500000

31.03.2009 7500000

121020 (i)capital reserve 2473992 (ii)general reserve 36587447 (iii)profit and loss account (iv)deferred tax liability

121020 2473992 36587447

1797225 TOTAL 39182459 2.secured loans TOTAL Application funds Fixed assets: (1)net block (cost less depreciation) 0 (2)investments (3)(i)current assets, loans and advances Less: (ii)current liabilities and provisions Net current assets F (4)miscellaneous expenditure TOTAL 25 0 0 E 14196245 1724814 14822323 14128387 D 31444359 28950710 0 C 48076396 60040270 B 18642051 65324510 39182459 28151319 74168657

65324510

74168657

PROFIT AND LOSS ACCOUNT AS ON 31.03.2010

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PARTICULARS INCOME Gross sales Processing charges Other income Increase in stocks

SCHEDULE

31.03.2010 (RS)

31.03.2009 (RS)

G1 G2 H

142444243 123802 505047 143073092

141512065 649593 629497 146124335 97731380

EXPENDITURE Cost of goods consumed/sold Financial charges J Administrative expenses K depreciation 16547272 140000205 3072887 2741192 331695 Profit after tax 333426 Add: earlier year excess provision Add: deferred tax liability transferred Balance brought forward Balance carried to balance sheet Earnings per share(annualized) -basic -face value Rs.100 Rs.100 27 4042 28.70 1797225 34125101 36587447 790982 30630004 34125101 551825 15471767 141957077 4167278 2014988 2152290 304331897 26930601 1872629 1823329 I 91148407

Profit before tax Less: income tax & FBT provisions

DIVIDEND The directors do not recommend any dividend for the current year in view of the period and to build up reserves for better future. DEPOSITS The director has not accepted any deposits from public requiring the compliance of section 58A&58A companies act 1956.

2.3.4 WAREHOUSE AND STORES DEPARTMENT: The warehouse where the final product is stored and the raw material are kept for issuing to production and other departments. The final products are fully checked are kept ready for the disposes in the warehouse.

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The packing slip for the cotton and synthetic are following details Bale No Sort No Parties Name Linear meter Square meter Process Net weight Gross weight Width in cm Designation

STORES DEPARTMENT Main purpose of stores department to purchase raw materials in different place and it can stores one place. So, it is stores department. Head of the stores department is Mr.Marisamy. stores is maintained following records as follows MAINTENANCE OF STORES Purchase order Stock ledger
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 Requisition slip Bin card Inward & outward The company maintained 2 types of stores as like 1. Main store 2. Sub store Main Store There are large numbers of spare parts, chemicals, electrical, mechanical items are stored in this main store. Sub store Small level of dyes and chemicals stored in this sub store. The companies need for dyes and chemicals at that time to receive the good to sub store. WELFARE FACILITIES Washing facility Storing facility Lunch and rest room facility Drinking water
Latrines and urinals

Canteen Welfare officers Safety measures

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 First aid appliances

2.4 POLICY OF THE COMPANY 2.4.1 ENVIRONTMENTAL POLICIES:

o

Strive to use Eco-friendly inputs and processes and ensure the elimination of agricultural land contamination in surrounding area. Continuously strive to reduce the quantity of effluent in order to minimize and prevent pollution. Continuously follow systems procedures to improve the environment and to reduce the pollution. Continuously strive to comply with the environmental legislation regulatory requirement and other requirement to which the company subscribes. Review continuously the policies and in objectives in order to convert them into practice. Make ever environmental policies available to public into all persons. Working for on behalf of the company.

2.4.2 QUALITY POLICY: The company end over is to process fabrics that standards, which would satisfy the customers by maintaining quality reputation.

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Company quality objectives:

o To identify improve and follow the process. o To have a continuous up gradation of the quality of

processing ,dyeing and printing o To improve the productivity without interruptions by adopting preventive maintenance of plant and machinery. o To appreciate the importance of employee by encouraging their efforts which are essential to achieve the goals.

2.5 SWOT ANALYSIS STRENGTH Production capacity is high Have a good brand image among its customers Good relationship and understanding among management and workers Efficient organization structure and hierarchy They produce good quality goods at cheaper price, when comparing other competitors Young and qualified work group with an average age group of less than 35 years Maximum capacity utilization

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WEAKNESS Lack of stable employees, i.e., after working few years in the company, the employees join in another company. Salary Single production unit OPPORTUNITIES Since they have quality goods at cheaper price, they had a greater chance for capturing competitors market Have greater scope for extending its distribution networks all over India Greater chance of introducing new products

To recruit more number of workers to increase the production.

THREATS Government regulations High cost of the material. Stiff competition CHAPTER- III COMPUTERIZATION COMPUTERIZATION OF COMPANY: All the departments are fully computerized.

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3.1 AREA OF COMPUTERIZATION: Monitor: Samsung, samtron Size: 15 Processor: INTEL Hard disk capacity: 80 GB RAM: 512 MB Keyboard: 104 keys CD-ROM:52X Mouse: Logitech 3.2 SOFTWARE USED: Operating system: Vista, xp Production: Win Product Accounts: Tally 9.0

CHAPTER - IV CONCLUSION 4.1 KNOWLEDGE GAINED: The trainee has learned about various operations in Textile Company practically.
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The trainee has understood about the activities of the production department as a whole. The trainee came to know about the various machines used for production in this concern. The trainee has learned about attendance maintenance. 4.2 CONCLUSION: Now a days textile industry Earn more revenue to increase individual income, Development of economy, Increase standard of living, Reduce unemployement, Improvement of culture etc. From the internship training, It was observed that the company Old technology machinery, Minimum number of skilled labour, and lesser salary payable to the employees. To overcome the above difficulties, the company can use Modern technology machines to improve the research &Development sector. Thus, it can be considered that the company considers the findings and suggestion for the betterment of the company which leads to cut throat the competitive in the business market.

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