Professional Documents
Culture Documents
MBA Mini Project by Tushar N. Chole
MBA Mini Project by Tushar N. Chole
TTK Prestige
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TTK Prestige
In Partial fulfillment of Requirements for the award of degree of
Division: A
Semester-I (2012-13)
MGMs
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DECLARATION
I, 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
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ACKNOWLEDGMENT
My deepest thanks to Lecturer Ms. Bhakti Banwaskar the Guide of the project 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.
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MGMs
CERTIFICATE
This 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
Mr.Saha G.G.
Dr. Pardeep
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INDEX
TOPIC NAME PART 1- PROFILE OF COMPANY PAGE NO 6-9
10
PRODUCTION STATISTICS
10-12
FINANCIAL ANALYSIS
13-14
15
MARKETING STATISTICS
16-18
FINANCIAL STATISTICS
19
BIBLIOGRAPHY
20
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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:
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Mixture Grinder
Cookers
Gas Stoves
Pop Up Toaster
Coockers blanders
Organization structure:
Executive Chairman
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Vice Chairman
Managing Director
Director
Director
Director
Director
Director
Board of Director: Executive Chairman Shri. T.T. Jagannathan Vice Chairman Shri. T.T. Raghunathan
Director
Director & Whole-time Secretary
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Managing Director Shri. S. Ravichandran Director Shri. Ajay I. Thakore Director Shri. R. Srinivasan Director Dr. (Mrs.) Latha Jagannathan Director Dr. (Mrs.) Vandana R. Walvekar Director Shri. Dileep Kumar Krishnaswamy Director Shri. Arun K. Thiagarajan Director & Whole-time Secretary Shri. 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.
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Analysis & Statistics PRODUCTION STATISTICS: Last 5 years in turnover and analysis:
------------------- in Rs. Cr. ------------------MAR '12 MAR '11 763.57 MAR '10 507.94 MAR '09 401.28 MAR '08 325.94
Sales Turnover
1,103.43
1,200.00 1,000.00 800.00 600.00 400.00 200.00 0.00 2012 2011 2010 2009 2008 S alesTurnover
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Raw materials:
------------------- IN RS. CR. ------------------Unit Quantity Not Applicable NA Metric Tonnes 2,950 Metric Tonnes 593
Total
174.90
------------------- IN RS. CR. ------------------Unit Quantity Not Applicable NA Metric Tonnes 2,967 Metric Tonnes 476
Total
218.84
------------------- IN RS. CR. ------------------Unit Quantity Not Applicable NA Metric Tonnes 3,431 Metric Tonnes 550
Total
124.58
------------------- IN RS. CR. ------------------Unit Quantity Not Reported NA Metric Tonnes 4,391 Metric Tonnes 641
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Total
184.80
------------------- IN RS. CR. ------------------Unit Quantity Not Reported NA Metric Tonnes NA Metric Tonnes NA
Total
246.57
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180 160 140 120 100 80 60 40 20 0 2008 2009 2010 2011 2012 Others Alum inium S tainless S teel
Raw Materials
2012 339.01
2011 339.01
2010 339.01
2009 339.02
2008 339.02
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BORROWE D FUND
11089.05
9167.21
4089.18
1723.16
1340.31
(IN CRORE)
Interpretation: As per above graph we shows that the own-fund & borrowed-fund of the company in 20082012, 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:
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4500 5200
4852 5975
6569 6400
19698 9143
68360 24010
ROI
No Of Employees - 15000
manufacturing units - 15
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(Rs in Lakh )
Year
2012
2011
2010
2009
2008
Provision
160154.16
152234.49
126095.47
119291.05
119789.20
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
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Marketing Statistics:
------------------- in Rs. Cr. ------------------MAR '12 MAR '11 763.57 4.30 767.87 641.91 121.66 ------0.59 --125.96 0.76 124.61 4.26 -120.35 MAR '10 507.94 1.14 509.08 432.92 75.02 -----3.79 --76.16 1.14 78.81 3.59 -75.22 MAR '09 401.28 0.50 401.78 363.65 37.63 --------38.13 5.65 32.48 3.48 -29.00 MAR '08 325.94 1.49 327.43 294.66 31.28 -----2.83 --32.77 7.67 27.93 3.84 -24.09
Sales Turnover Other Income Total Income Total Expenses Operating Profit 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 Tax On Extraordinary Items Net Extra Ordinary Income/Expenses Gross Profit Interest PBDT Depreciation Depreciation On Revaluation Of Assets PBT
1,103. 43 3.08 1,106.5 1 928.31 172.04 --------175.12 5.64 169.48 6.24 -163.24
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Tax Net Profit Prior Years Income/Expenses Depreciation for Previous Years Written Back/ Provided Dividend Dividend Tax Dividend (%) Earnings Per Share Book Value Equity Reserves Face Value
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NAME TTK Prestige Bajaj Electric Panasonic App Khaitan Electric Sujana Uni Polar Industries
MARKET CAP.
(RS. CR.)
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Financial statistics Particulars 1.1 Net sales during the year 1.2 Less cost of goods sold Rs (in cores)
1,103.43 928.31 _____________ Gross profit 175.12 1.3 Less administrative overhead (office exp.) - 06.24 _____________ 168.88 1.4 Less interest and bank charges - 05.64 ____________ Profit before interest and tax 163.24 1.5 Less provision for taxation and dividends - 49.88 _____________ Net profits transferred to balance sheet 113.36
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