PROJECT REPORT
ON
WORKING CAPITAL MANAGEMENT
AT
KIRLOSKAR PNEUMATICS CO. LTD, HADAPSAR.
Submitted By:
Rajesh Menon (M.B.A
-
II
)
In Partial Fulfillment for Degree of Master of Business
Administration during the year 2006
-
07
VISHWAKARMA INST
ITUTE OF MANAGEMENT, PUNE.
2
ACKNOWLEDGEMENT
It is a matter of great satisfaction and pleasure to present this report o n
W
o r k i n g C a p i t a l
M
a n a g e m e n t o f
K
I
R
L
O
S
K
A
R
P
N
U
E
M
A
T
I
C
C
O
.
L
T
D
.
(KPCL), Pune
411013. I take this opportunity to owe my thanks to all t hose involved in my training.
This project report could not have been completed without the guidance of our director, Dr. SHARAD L. JOSHI & project guide Prof.
SMITA SOVANI. Their timely help & encouragement helped me to complete this project successfull
y.
I thank Mrs. VINEETA KAPOOR (SR. OFFICER
HRD) for giving me opportunity to work at KPCL, as a FINANCE TRAINEE.
I am th ankful to Mr. R.B. SHALIGRAM (SR. FINANCE MANAGER) and MR. R.R. TAVERGIRI (DGM, FINANCE) for their encouragement and able guidanc e at every stage of my training work.
I express my gratitude towards staff of KPCL, those who have helped me directly or indirectly in completing the training.
3
INDEX:
-
No.
Particu
lars:
Page No:
1
Executive Summary
1
2
Objective & Scope of Project
3
3
Company Profile
4
4
Theoretical Background
7
5
Research Methodology
60
6
Data Analysis
61
7
Findings
92
8
Recommendations
93
9
Bibliography
94
4
EXECUTIVE SUMMARY
Company being established as Kirloskar pneumatic company limited in 1958, made an entry with manufacture of air compressor and pneumatic tools & soon diversified by including air conditioning & transmission equipments.
At Kirloskar Pneumatic up to da te manufacturing facilities, including
CNC machines, Stringent quality control procedures and systems, research
& development, foundry, heat