mba mini project by tushar n. chole

MGM-IOM/ Mini Project/ 2012

MGM-IOM/ Mini Project/ 2012

A MINI PROJECT REPORT

ON

TTK Prestige

By

Tushar Narayan CholeA MINI PROJECT REPORT

ON

TTK Prestige In Partial fulfillment of

Requirements for the award of degree of

MASTER OF BUSINESS ADMINISTRATION (MBA)

Of Dr. B.A.M. University, Aurangabad Submitted By

Tushar Narayan CholeRoll No.: R12008Division: ASemester-I (2012-13) MGMs

Institute of Management (IOM), CIDCO, Aurangabad (MS)

DECLARATIONI, undersigned, hereby declare that the mini project report on TTK Prestige submitted to the MGMs Institute of Management, CIDCO, Aurangabad. It is my original work & the conclusions drawn there in are based on the data & material collected by myself.Date: - 25 October 2012 Place: - Aurangabad.

Tushar Narayan Chole

Roll no.R12008

Division: A ACKNOWLEDGMENT

My deepest thanks to Lecturer Ms. Bhakti Banwaskar the Guide of theproject for guiding and correcting various documents of mine with attention and care. She has taken pain to go through the project and make necessary correction as and when needed.

I also express my thanks to the Dean of, MGMs Institute of Management Mr.Saha G.G. Who gave me the golden opportunity to do this wonderful project on the TTK Prestige which also helped me in doing a lot of Research and i came to know about so many new things I am really thankful to them.

Secondly i would also like to thank my parents and friends who helped me a lot in finishing this project within the limited time.

I am making this project not only for marks but to also increase my knowledge. THANKS AGAIN TO ALL WHO HELPED ME. MGMs

Institute of Management (IOM), CIDCO, Aurangabad (MS)CERTIFICATEThis is to certify that the mini project report on TTK Prestige submitted by Tushar Narayan Chole is the result of his original research work completed under our supervision. To the best of our knowledge & belief the work embodied in this project report has not formed earlier the basis for the award of any degree or similar title of this for any other examining body.Project Guide Dean-Academics Director Ms. Bhakti Banwaskar Mr.Saha G.G. Dr. Pardeep KumarINDEX

TOPIC NAMEPAGE NO

PART 1- PROFILE OF COMPANY6-9

PART 2- ANALYSIS & STATISTICS10

PRODUCTION STATISTICS10-12

FINANCIAL ANALYSIS 13-14

HUMAN RESOURCE MANAGEMENT15

MARKETING STATISTICS16-18

FINANCIAL STATISTICS19

BIBLIOGRAPHY

20

PROFILE OF COMPANY

Name : TTK Prestige

Year of establishment of company: 1928 Commencement: It was in the year 1928 that T T Krishnamachari, the first finance minister of India. Founded TTK Prestige, one of the oldest business houses in the country today. Having initially pioneered and established a network of distribution, TTK Prestige moved to manufacturing, post-independence. Being a dynamic and fast growing company, it soon became the leading manufacturer of Pressure cookers in India and offered the most comprehensive range of kitchenware in the world.

Location:REGISTERED OFFICE & WORKS

Plot No. 38, SIPCOT Industrial Complex

Hosur - 635 126, Tamil Nadu.

CORPORATE OFFICE

11th Floor, Brigade Towers

135, Brigade Road

Bengaluru - 560 025.

FACTORIES

82 & 85, SIPCOT Industrial Complex

Hosur - 635 126

Tamil Nadu.

SF-234/1, Pollachi Road

Myleripalayam Village

Coimbatore - 641 032

Tamil Nadu.

Plot No. 1A & 2

Dev Bhoomi Industrial Estate

Roorkee - 247 667

Uttarakhand

BRANCHES

Ahmedabad, Bengaluru, Chandigarh, Chennai, Cuttack, Delhi, Dehradun, Ernakulam, Ghaziabad, Goa, Gurgaon, Guwahati, Hubli, Hyderabad, Indore, Jaipur, Jamshedpur, Kolkatta, Lucknow, Ludhiana, Mumbai, Patna, Pune, Raipur, Trichy & Vijayawada

TTK Prestige Products:Nonstick Cook Wears

Mixture Grinder

Sandwich ,Griller Toaster

Cookers

Gas Stoves

Electric Rice Cooker

Electrical Home Appliances Indection Cook Tops

Electrical Conseel Cattles

Pop Up Toaster

Filter Coffee,Expresso Coffee Machine

Coockers TTKprestige hand blanders

Organization structure:

Board of Director:

Executive ChairmanShri. T.T. Jagannathan

Vice Chairman

Shri. T.T. Raghunathan

Managing DirectorShri. S. Ravichandran

DirectorShri. Ajay I. Thakore

DirectorShri. R. Srinivasan

DirectorDr. (Mrs.) Latha Jagannathan

DirectorDr. (Mrs.) Vandana R. Walvekar

DirectorShri. Dileep Kumar Krishnaswamy

DirectorShri. Arun K. Thiagarajan

Director & Whole-time SecretaryShri. K. Shankaran -

Vision:

The Company envisions being a dominant global player in the Pressure Cooker category and the leading Branded Player in the Domestic Kitchen and Kitchen Appliances segment in the Indian Market and thus occupying a place of pride in the Indian Kitchens. This shall be achieved through Customer Centric Processes, People Development and Operational Excellence

Mission:

The basic mission of the Company is Quality Consumer Products at affordable prices and in the process delivering long-term value to all stakeholders in the Company.

Analysis & Statistics

PRODUCTION STATISTICS:

Last 5 years in turnover and analysis:

Yearly Results of TTK Prestige------------------- in Rs. Cr. -------------------

Mar '12Mar '11Mar '10Mar '09Mar '08

Sales Turnover1,103.43763.57507.94401.28325.94

Raw Materials------------------- in Rs. Cr. -------------------Mar 2008

Product NameUnitQuantityValue

OthersNot ApplicableNA116.50

AluminiumMetric Tonnes2,95047.29

Stainless SteelMetric Tonnes59311.11

Total174.90

Raw materials:






Total218.84






Total124.58



OthersNot ReportedNA105.20



Total184.80



ComponentsNot ReportedNA138.62

AluminiumMetric TonnesNA93.89

Stainless SteelMetric TonnesNA14.06

Total246.57

Raw Materials

Source : Dion Global Solutions Limited

Financial analysis

Own fund, Borrowed fund-

YEARS20122011201020092008

OWN FUND339.01339.01339.01339.02339.02

BORROWED FUND11089.059167.214089.181723.161340.31

(IN CRORE)

Interpretation:

As per above graph we shows that the own-fund & borrowed-fund of the company in 2008-2012, we can see that the company continuously stable in own-fund from 339.02 to 339.01 & borrowed-fund from 1340.31 to 11089.05 cr.

Financial analysis:

Investment of fund in current assets and fixed assets

(Rs in Lakh.)

Years20082009201020112012

Current Assets4500485265691969868360

Fixed Assets520059756400914324010

ROI

ROI TTK.NS INDUSTRY SECTORROI:33.477.1911.40

Human resource management: No Of Employees - 15000

manufacturing units - 15

Business Per Employee- 347.00 ( In Rs Lakh )

Profit Per Employee - 3.00 ( In Lakh )

Budgetary provision for employee welfare scheme of last 5 years-

(Rs in Lakh )

Year20122011201020092008

Provision 160154.16152234.49126095.47119291.05119789.20

Welfare Benefits assured to the employees:

Provident Fund

Health Care(other than vision or dental)

Life insurance

Dental care

Vision care

Temporary disability (accident and sickness)

Prepaid legal

Long-term disability

Death benefits (include travel accident but not life insurance)

Other

Marketing Statistics:

Yearly Results of TTK Prestige------------------- in Rs. Cr. -------------------

Mar '12Mar '11Mar '10Mar '09Mar '08

Sales Turnover1,103.43763.57507.94401.28325.94

Other Income3.084.301.140.501.49

Total Income1,106.51767.87509.08401.78327.43

Total Expenses928.31641.91432.92363.65294.66

Operating Profit172.04121.6675.0237.6331.28

Profit On Sale Of Assets----------

Profit On Sale Of Investments----------

Gain/Loss On Foreign Exchange----------

VRS Adjustment----------

Other Extraordinary Income/Expenses----------

Total Extraordinary Income/Expenses---0.593.79--2.83

Tax On Extraordinary Items----------

Net Extra Ordinary Income/Expenses----------

Gross Profit175.12125.9676.1638.1332.77

Interest5.640.761.145.657.67

PBDT169.48124.6178.8132.4827.93

Depreciation6.244.263.593.483.84

Depreciation On Revaluation Of Assets----------

PBT163.24120.3575.2229.0024.09

Tax49.8836.6022.786.623.42

Net Profit113.3683.7552.4422.3820.67

Prior Years Income/Expenses----------

Depreciation for Previous Years Written Back/ Provided----------

Dividend----------

Dividend Tax----------

Dividend (%)----------

Earnings Per Share100.1473.9846.3319.7718.24

Book Value----------

Equity11.3211.3211.3211.3211.33

Reserves271.62178.00110.6971.1755.40

Face Value10.0010.0010.0010.0010.00

Source: Dion Global Solutions Limited

Competitors in the market:

NameLast PriceMarket Cap.(Rs. cr.)SalesTurnoverNet ProfitTotal Assets

TTK Prestige3,132.353,546.161,103.43113.36302.40

Bajaj Electric224.652,239.783,098.85117.88887.02

Panasonic App80.3576.68179.86-12.7739.00

Khaitan Electric59.1067.97441.34-16.23356.26

Sujana Uni 3.0551.503,693.5728.571,124.41

Polar Industries2.755.830.06-5.40-91.91

Financial statistics Particulars

Rs (in cores)

1.1 Net sales during the year

1,103.431.2 Less cost of goods sold - 928.31 _____________ Gross profit 175.121.3 Less administrative overhead (office exp.) - 06.24

_____________

168.881.4 Less interest and bank charges - 05.64

____________

Profit before interest and tax 163.241.5 Less provision for taxation and dividends - 49.88

_____________Net profits transferred to balance sheet 113.36

BIBLIOGRAPHY-

I Have Taken The Help Of The Following Resources.

www.ttkprestige.com

www.moneycontrol.com

www.google.com

www.capitaline.com

Executive Chairman

Vice Chairman

Managing Director

Director

Director

Director

Director

Director

Director

Director & Whole-time Secretary

MGM-IOM/ Mini Project/ 2012 Page 21

_1412646458.xls

_1412666705.xlsChart1

2012339.0111089.05

2011339.019167.21

2010339.014089.18

2009339.021723.16

2008339.021340.31

Column1

own fund

borrowed fund

Sheet1

Column1own fundborrowed fund

2012339.0111089.05

2011339.019167.21

2010339.014089.18

2009339.021723.16

2008339.021340.31

_1412646138.xls

mba mini project by tushar n. chole

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