Internship Project
Internship Project
REPORT
ON
Of
Of
Jamshedpur (Jharkhand)
Session 2019-22
Submitted by
Ankit Nandan
Roll No.1902074
BBA V SEM
2022
DEPARTMENT OF MANAGEMENT
POKHARI, JAMSHEDPUR
DECLARATION
I the undersigned solemnly declare that the report of the Summer Training work entitled Analysis
of the Performance of Mahindra logistics, is based on my own work carried out during the course
of my study under the supervision of Dr. Mritunjay Mahato.
I assert that the statements made and conclusions drawn are an outcome of the project work. I
further declare that to the best of my knowledge and belief that the project report does not contain
any part of any work which has been submitted for the award of any other
________________________
Ankit Nandan
i
CERTIFICATE BY ORGANIZATION
ii
CERTIFICATE BY INTERNAL GUIDE
This is to certify that the report of the project submitted is the outcome of the project work entitled
Analysis of the Performance of Mahindra logistics carried out by Ankit Nandan bearing Roll
No.1902074 & Enrollment No. NSU1902074 carried by under my guidance and supervision for the
award of Degree in Bachelor’s of Business Administration of Netaji Subhas University,
Jamshedpur, Jharkhand, India.
iii) Fulfil the requirement of the ordinance relating to the BBA degree of the
university and
_________________________
Assistant Professor
Finance Department
Netaji Subhas University
Pokhari, Jamshedpur
The project work as mentioned above is hereby being recommended and forward for examination
and evaluation.
iii
CERTIFICATE BY THE EXAMINERS
Submitted by
Has been examined by the undersigned as part of the examination for the award of Bachelor’s of
Business Administration degree of Netaji Subhas University, Jamshedpur, Jharkhand, India.
_________________ ________________
_________________ ________________
Name & Signature of Name & Signature of
Internal Examiner External Examiner
Date: Date:
Forwaded by
Academic Head
Department of Management
iv
ACKNOWLEDGEMENT
With great pleasure, Iwould like to thank Mrs.Vaishnavi Golatkar, CEO of TECHMIHIRNAIK,
Mumbai for giving me the opportunity to do an internship within the organization.
I also would like to thank all the people worked along with me in TECHMIHIRNAIK, Pune with
their patience and openness they created an enjoyable working environment.
It is indeed with a great sense of pleasure and immense sense of gratitude that I acknowledge the
help of these individuals. I am highly indebted to Prof. SUBHADEEP BHADRA and Dean
NAGENDAR SINGH, for the facilities provided to accomplish the internship.
I would like to thank specialization Prof. Dr. MRITUNJAY MAHATAO who helped and guided
me throughout the process of completing this report. I am also thankful to my fellow classmates
and friends for the completion of this report.
_________________
Ankit Nandan
5th Sem
v
PREFACE
In this internship report I will describe my expression during my internship period. The internship
report contains an overview of the internship company and the activities, tasks and projects that I
have worked on during my internsip. Writing this report, I also will describe and reflect my
learning objects and personal goals that I have set during my internship period.
I compiling this report I have intended to provide a synthesis of theoretical approaches and methods
ofimplementing them in the world of business. I have tried to discover the relationship
betweentheoretical and practical type of knowledge. I have tried to bridge the gap between
theoreticalassumptions and practical necessities. During the entire course of our academic study we
remainengaged in theoretical learning where the primary objective is academic success. A concise
knowledgeof the modern business arena can only be attained through the pragmatic implementation
ofhypothetical ideas, which we learn from our academic activities.
With these objectives, I have made all possible efforts and the necessary investigations to submit
this paper in an enlightened form in a very short time. I have tried my level best to eliminate errors
from the paper. As I had to complete my internship within a short period of time so the study
admits its limitations. The report first shall give an overview of the tasks completed during the
period of internship with technical details. Then the results obtained shall be discussed and
analyzed. Report shall also elaborate on the the future works which can be persuaded as
anadvancement of the current work. I have tried my best to keep report simple yet technically
correct. I hope I succeed in my attempt.
Conclusion:
In review this internship has been an excellent and rewarding experience. I have been able to meet
andnetwork with so many people that I am sure will be able to help me with opportunities in the
future.
One main thing that I have learned through this internship is time management skills as well asself-
motivation.
vi
Declaration i
Certificate by Organization ii
Certificate by Examiners iv
Acknowledgement v
Preface vi
Table of Graphs
Table of Contents
1 Introduction 01-08
6 Conclusion 29
7 Bibliography 30
Chapter – 1
Introduction
1.I PERFORMANCE MEASURE OF THE COMPANY
Mahindra Logistics Lmited is a leading integrated & mobility solutions provider with over a decade
of experience. They have strong presence across the country.
They focus on technology allows them to emphasise on customised, tech-based solutions for there
customers, hereby becoming customer partners in true sense.
The market capitalization of this company is Rs 3022Cr. And the company has delivered a poor
sales growth of 9.60% over past 5years, and also has a low return on equity of 11.14% for last
3years.
The sales of the Mahindra logistics has decresed over the years, in FY19 Rs 3851 crore, in FY20 Rs
3471 crore,in FY21 Rs 3264 crore.
The expenses of the company has decreased over the years, in FY19 Rs3700 crore, in FY20 Rs
3313 crore, in FY21 Rs 3129 crore.
The net profit of the company decreased over the years, in FY19 Rs 86 crore, in FY20 Rs 55 crore,
in FY21 Rs 30 crore.
The labilities and assets of the company has incresed over the years, in FY19 Rs 1205 crore, in
FY20 Rs 1422 crore, in FY21 Rs 1679 crore.
The net cash flow of the company has increased over the years, in FY19 Rs -11 crore, in FY20 Rs
45 crore, in FY21 Rs 98 crore.
The 58.18% of the equity holded by the promoters, 21.66% of the equity holded by foreign
investor, 11.10% of the equity holded by domestic institutional investor and 9.06% of the equity is
holded by public.
Revenue Mix:
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1.2 SIGNIFICANCE OF STUDY
-2-
1.3b Research paper on the performance of Amazon logistics
-3-
1.3d Research paper on performance of Aegis logistics
Author- Rudresh Pandey, Varsha Ganatra, Fahada Nur Binti, Mohd Fauzi
Year- 2021
Objective:-
To describe a framework of macro-environmental factors used in the
environmental scanning component of strategic management,.
To understand and meet their demands, the role of Research &
Development.
Addedly, the social environment greatly influences what users need and
want.
This research paper aims to examine the effect on the courier service of
global and logistics developments and find the solutions.
This research also examines DHL customer satisfaction.
Finding- learned how to use macro-environmental factors used in environmental
scanning component of strategic management. Also learned about how to
research and examines the customer satisfaction.
-4-
Table 1.1 Review of Literature
Raj Patel and 2020 Discover the solution for issues learned about how to
Trupal Parmar which obstructs the growth of know the weakness of
Amazon’s logistics services. the logistics buisness
Devise strategies and solutions for and also learned what
the sustainability of the supply stratergy should use to
chain. sustain in supply chain
Learn the utilization of various and also learned about
tools and procedures that aid supply various tools and
chain. procedure that aid
supply chain and
logistics buisness.
-5-
Table 1.3 Review of Literature
Author Year Objective Finding
-6-
Table 1.4 Review of Literature
As only the secondary data is used in this report, it was difficult to determine the accuracy
of the data . The statement could be wrong due to fraud.
Some amount of data was not updated and was not of much use.
A considereable amount of conflicting data was there which was difficult to much.
Because of the company’s policy of maintaing secrecy data was not made available to me
which could have helped me in completing my report better.
-7-
1.6 SCOPE OF THE STUDY
This study has many learnings and goals which are extremely useful for general population of
business and back as it must be use in corporate world. Many researchers can use this information
for developing financial analysis of the company. It has wide application in stock market. Many
investors can use this in their investment decisions. The company’s current market stand holds
significance and it can be applied by students, economists and researchers across the globe to study
variations in its financial position.
1.7 PREFRENCE
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Chapter – 2
Company Profile
2.1 COMPANY OVERVIEW
“Redefining business methods for better customer experience”
Mahindra Logistics Limited is a leading integrated logistics & mobility solutions provider with
over a decade of experience. We have a strong presence across the country. We offer Supply Chain
solutions to diverse industry verticals such as Automotive, Engineering, Consumer Goods,
Pharmaceuticals, Telecom, Commodities, and E-commerce and also offer integrated employee
transportation solutions to enterprise across IT, ITeS, manufacturing, Banking, Financial Services
and Insurance, and Consulting Businesses.
We have an asset-light business model with a focus on technology and emphasis on customer
centricity. We create customised, technology-enabled logistics solutions that offer flexibility and
scalability.
Logistics is an invisible thread that binds every element of a business. And we aim at bringing
different stakeholders together to form a seamless flow of activity and thus make life easy. With
every parcel we move, and in each trip we make, each of us strives to make a difference.
We accelerate the wheel of economy. And we transform the lives we touch. Be it our business
partners, drivers, their families or communities at large, we spread smiles with every mile. This in
turn brings prosperity for everyone.
-9-
2.5 COMPANY’S CLIENTS
The company serves over 400+ corporate customer across various industries like Automobile,
Engineering, Consumer Goods, and E-commerce.
WEAKNESS:-
Negative breakdown first support. (LTP < S1)
Broker downgrades in price or recommendation in the past one month.
Bearish stock .( medium to low momentum)
Inefficient use of assets to generate profits.
Inefficient use of capital to generate profits.
Inefficient use of shareholder funds to generate profits.
Declining net and quarterly profit by falling profit margin.
. -10-
OPPORTUNITY:-
Buys by Superstar Investor.
Stocks that benefit from lower crude oil prices.
Companies with improving valuation scores after share price falls.
THREATS:-
Stock with expensive valuations according to the trendlyne valution score.
Increasing trend in non-core income.
Stocks with high PE.
Declining profitability falling ROCE.
Research Methodology
3.1 COLLECTION OF DATA
In this project I have used secondary data most of which was obtained from internal records of the
company.
I have collected secondary data from :-
Company website
Other website like screener, trendlyne, moneycontrol
Relevants files of the company
Journals
3.2 PERIODICITY
In this project I have studied the Balance Sheet and Income Statement of Mahindra Logistics for
the past 3years starting from FY 2019 to FY 2021.
3.3 OBJECTIVE
To comprehend and absorb financial investigation instruments in order to compute
budgetary proportions from the organization’s monetary declarations.
Choosing right proportions for investigations, computing and translating these proportions
accurately in order to draw future projections for the same.
To become more acquainted with diverse financial proportions of the organization.
To measure, test and evaluate the liquidity and profitability piosition of the organization.
To assess the degree of association between the various leverage ratios with the well
known profitability indicators.
To know the how the logistics company work and how they manage all weakness and
threat and customer satisfaction range.
3.4 LIMITATIONS
As only the secondary data is used in this report, it was difficult to determine the accuracy
of the data .
The statement could be wrong due to fraud.
Some amount of data was not updated and was not of much use.
A considereable amount of conflicting data was there which was difficult to much.
Because of the company policy of maintaining secrecy data was not made available to me
which could have helped me in making my report better.
-12-
3.5 SCOPE
This study has many learnings and goals which are extremely useful for general population of
business and back as it must be use in corporate world. Many researchers can use this information
for developing financial analysis of the company. It has wide application in stock market. Many
investors can use this in their investment decisions. The company’s current market stand holds
significance and it can be applied by students, economists and researchers across the globe to study
variations in its financial position.
QUICK RATIO - Quick ratio is used as a measure of company’s ability to meet its current
obligations. Since bank overdraft is secured by the inventories, the other current assets must be
sufficient to meet other current liabilities. A quick ratio highly of 1:1 indicates highly solvent
position. This ratio is also called Acid Test Ratio.
Quick Ratio = Quick assets / Current liablities
CASH RATIO - Cash Ratio measures the highly liquid assets of the company. A Cash Ratio
of 0.5:1 indicates highly solvent position. It is also called Absolute Liquid Ratio.
Cash Ratio = Absolute Liquid ratio / Current Liablities
DEBT-EQUITY RATIO - Capital is derived from two sources: shares and loans. It is quite
likely for only shares to be issued when the company is formed, but loans are invariably
raised at some later date. There are numerous reasons for issuing loan capital. Debt Capital
is most commonly used to measure gearing or leverage.
Debt-equity Ratio = Long Term Liablities / Shareholders Fund
-13-
SOLVENCY RATIO - It indicates the total debt owed by the firm versus the total assets held by
it. By this we get to know its current standing in market. If debt is more its not the right firm to
invest.
PROPRIETARY RATIO - It is assumed that larger the proportion of shareholders equity, the
stronger is the financial position of the firm. In this ratio the relationship is established between the
up in the financing of raw materials, work in progress and finished goods. It is important to ensure
that the level of stocks is kept as low as possible, consistent with the need to fulfill customer’s
orders in time.
DEBTORS TURNOVER RATIO - Debtors Turnover, which measures whether the amount of
resources tied up in debtors, is reasonable and whether the company has been sufficient in
converting debtors into cash. The higher the ratio is, the better the position.
particular company pays off its debts to suppliers within a given accounting period.
-14-
GROSS PROFIT RATIO - It compares the gross margin of a company to its revenue. It shows how
much profit a company makes after paying off its Cost Of Goods Sold (COGS)
NET PROFIT RATIO - It is used to calculate the percentage of profit a company produces from
its total revenue. It measures the amount of net profit a company obtains per dollar of revenue
gained.
Net Profit Ratio = Net Profit After Interest and Tax / Sales*100
3.8 PREFERENCE
www.slideshare.com
www.researchgate.com
www.formulae.com
-15-
Chapter – 4
(in crores)
Income
Revenue from Operations 3471.12 3851.34
INTERPRETATION:
The consolidated revenue from operations for the financial year under review was 3,471.14 crores
as compared to 3,851.34 crores in the previous year, a decrease of 9.87% year-on-year. The
consolidated EBITDA for the fi nancial year under review stood at 172.25 crores, recording an
increase of 8.42% over the previous year of 158.87 crores. The EBITDA for the fi nancial year
under review was higher since the Company adopted Ind AS 116 for accounting of leases from
April 1, 2019. The consolidated PAT decreased by 36.01%, from 86.65 crores for the previous
financial year to 55.45 crores for the fi nancial year under review.The non-Mahindra Group
consolidated supply chain revenue grew by 0.76% year-on-year to 1,374.10 crores for the financial
year under review in comparison to 1,363.69 crores for the previous year.
-16-
INCOME STATEMENT FOR THE YEAR ENDING 31ST MARCH 2020 & 31ST MARCH 2021
(in crores)
Income
Revenue from Operations 3263.72 3471.12
Other Income 17.47 13.98
Total Income 3281.19 3485.12
Expenses
Employee Benefits Expenses 296.46 306.66
Operating Expenses 2764.30 2934.16
Other Expenses 68.74 72.05
Depriciation & Amortisation 89.65 73.43
Finance Cost 20.09 17.63
Total Expenses 3239.24 3403.93
Profit Before Exceptionl items 41.95 81.19
and Tax
Exceptional Items 2.75 -----
Profit Before Tax 39.20 81.19
Provision For Tax 10.02 25.74
Profit After Tax 29.18 55.45
Share of Loss of Joint Venture (0.39) (0.61)
Non-Controlling Interest (1.21) (0.28)
Profit After Tax, post share 30.00 55.12
of loss of joint venture and
Non-controlling interest.
INTERPRETATION:
The consolidated revenue from operations for the financial year under review was 3,263.72 crores
as compared to 3,471.14 crores in the previous year, a de-growth of 5.97% year-on-year. The non-
Mahindra Group consolidated supply chain revenue grew by 12.62% year-on-year to 1,547.47
crores for the financial year under review in comparison to 1,374.10 crores for the previous
year.The consolidated EBITDA for the financial year under review stood at 151.69 crores over the
previous year of 172.25 crores. The consolidated PAT de-grew by 47.38% from 5.45 crores for the
previous financial year to 29.18 crores for the financial year under review.
-17-
BALANCE SHEET OF MAHINDRA LOGISTICS AS AT 31 ST MARCH 2019 & 31ST MARCH
2020
(in crores)
-18-
EQUITY AND LIABILITIES
EQUITY
(a) Equity Share Capital 71.54 71.45
(b) Other Equity 473.11 426.77
Equity attributable to owners 544.65 498.22
Equity attributable to non- 5.43 5.71
controlling interest
SUB TOTAL 550.08 503.93
LIABILITIES
NON-CURRENT LIABILITIES
(a) Financial Liabilities
i. Borrowings 2.31 8.89
ii. Lease Liabilities 119.72 -
(b) Provisions 15.67 16.36
SUB TOTAL 137.70 25.25
CURRENT LIABILITIES
(a) Financial Liabilities
i. Borrowings 27.00 19.63
ii. Lease Liabilities 45.69 -
iii. Trade Payables - -
a. Due to Micro & Small 5.00 6.59
Enterprises
b. Other than Micro & Small 612.17 593.47
Enterprises
iv. Other Financial Liabilities 17.19 27.11
(b) Provisions 5.63 5.16
(c) Other Liabilities 21.38 23.97
SUB TOTAL 734.06 675.93
TOTAL EQUITY & LIABILITIES 1421.84 1205.11
INTERPRETATION :-
The company’s current liablities during FY20 stood at Rs 734.06 crores as compared to Rs 675.93
crores in FY19, thereby witnessing an increase of 8.6%. Current assets in FY20 stood at Rs
984.55crores as compared to Rs 981.84 crores in FY19, therby witnessing an increase of 0.27%.
-19-
The company’s equity during FY20 increase at Rs 550.08 crores as compared to Rs 503.93 crores
in FY19 , thereby witnessing increasing of 9%. The overall assets and liablities FY20 stood at Rs
2296.6 as compared to Rs 1906.29 crores in FY19, thereby witnessing an increase of 20%.
INTERPRETATION :-
The company’s current liablities during FY21 stood at Rs 911.53 crores as compared to Rs 734.06
crores in FY20, thereby witnessing an increase of 24.17%. Current assets in FY21 stood at Rs
1204.30 crores as compared to Rs 984.55 crores in FY20, thereby witnessing an increase of 22.31%
Long term loan during FY21stood at Rs 196.31 crores as compared to Rs 137.70crores in FY20 ,
thereby increase of 42.56%. Long term assets shows increase of 8.95%.
-21-
RATIO ANALYSIS OF MAHINDRA LOGISTICS
TABLE 4.1
CURRENT RATIO
YEAR CURRENT ASSETS CURRENT LIABILITIES CURRENT RATIO
FY19 981.84 675.93 1.45
FY20 984.55 734.06 1.34
FY21 1204.30 911.53 1.32
GRAPH 4.1
1.5
1.45
1.4
FY19
FY20
1.35
FY21
1.3
1.25
1 2 3
INTERPRETATION
The above table shows good Current Ratio of 1.45 : 1.34 : 1.32 every year. This may be due to
higher level of current assets during the period.
-22-
4.2 QUICK RATIO = Quick Assets / Current Liabilities
TABLE 4.2
QUICK RATIO
YEAR QUICK ASSETS CURRENT LIABILITIES QUICK RATIO
FY19 665.74 675.93 0.98
FY20 635.16 734.06 0.86
FY21 738.44 911.53 0.80
GRAPH 4.2
1.2
0.8
FY19
0.6
FY20
0.4 FY21
0.2
0
1 2 3
INTERPRETATION :-
As we know Quick Ratio is a measure of company’s ability to meet it current obligations. We can
se that Mahindra Logistics performed very close to ideal Quick Ratio i.e. 1. It went up as high as
0.98 : 1 during the FY19 as the value of Quick Assets during that period was highest. But after that,
that there has been a declining trend in the Quick Ratio. It was lowest during FY21.
-23-
4.3 NET PROFIT RATIO = NET Profit / Net Sales *100
TABLE 4.3
GRAPH 4.3
20
18
16
14
12
FY19
10
FY20
8
FY21
6
4
2
0
1 2 3
INTERPRETATION:-
The value of net profit was the highest during the FY21, when it increased upto 18.72%. This was
because the net profit of the company was the highest compared to other two years. And net profit
was lowest during FY19 13.60%.
-24-
4.4 RETURN ON SHAREHOLDERS INVESTMENT = Net Profit After Interest And Tax*100
Shareholders fun
TABLE 4.4
GRAPH 4.4
18
16
14
12
10 FY19
8 FY20
6 FY21
4
2
0
1 2 3
INTERPRETATION :-
The ratio of return on Shareholders investment of Mahindra logiatics saw a declining trend over the
period of three years. It was as high as 16.99% in the FY 2019. However it started falling after
2019. It suddenly fell to 10.02% in the year 2020. This was as a result of sudden fall of net worth in
FY 19-20. It fell to as low as 5.24% in the year 2021.
-25-
4.5 OPERATING PROFIT RATIO = Operating Profit / Net Sales * 100
TABLE 4.5
GRAPH 4.5
9
8
7
6
5 FY19
4 FY20
3 FY21
2
1
0
1 2 3
INTERPRETATION :-
The operating profit ratio of Mahindra logistics was highest during FY 2020 is 7.81% as compared
to year during FY 2019 and FY 2021 which is 6.23% and 4.24%.
-26-
4.6 OPERATING EXPENSE RATIO = Operating Expenses / revenues*100
TABLE 4.6
GRAPH 4.6
88
87.5
87
86.5
86
FY19
85.5
FY20
85
FY21
84.5
84
83.5
83
1 2 3
INTERPRETATION :-
The operating expense ratio is in declining trend. It was highest during FY19 is 87.56% and after
that it started declining and in year 2019-20 it was 84.53% and it hit its lowest during FY21 is
84.49%, also with decrease in revenues.
-27-
Chapter – 5
The above table shows good Current Ratio of 1.45 : 1.34 : 1.32 every year. This may be
due to higher level of current assets during the period.
As we know Quick Ratio is a measure of company’s ability to meet it current obligations.
We can se that Mahindra Logistics performed very close to ideal Quick Ratio i.e. 1. It went
up as high as 0.98 : 1 during the FY19 as the value of Quick Assets during that period was
highest. But after that, that there has been a declining trend in the Quick Ratio. It was
lowest during FY21.
The value of net profit was the highest during the FY21, when it increased upto 18.72%.
This was because the net profit of the company was the highest compared to other two
years. And net profit was lowest during FY19 13.60%.
The ratio of return on Shareholders investment of Mahindra logiatics saw a declining trend
over the period of three years. It was as high as 16.99% in the FY 2019. However it started
falling after 2019. It suddenly fell to 10.02% in the year 2020. This was as a result of
sudden fall of net worth in FY 19-20. It fell to as low as 5.24% in the year 2021.
The operating profit ratio of Mahindra logistics was highest during FY 2020 is 7.81% as
compared to year during FY 2019 and FY 2021 which is 6.23% and 4.24%.
The operating expense ratio is in declining trend. It was highest during FY19 is 87.56%
and after that it started declining and in year 2019-20 it was 84.53% and it hit its lowest
during FY21 is 84.49%, also with decrease in revenues.
The company’s current liablities during FY21 stood at Rs 911.53 crores as compared to Rs
734.06 crores in FY20, thereby witnessing an increase of 24.17%. Current assets in FY21
stood at Rs 1204.30 crores as compared to Rs 984.55 crores in FY20, thereby witnessing
an increase of 22.31%
Long term loan during FY21stood at Rs 196.31 crores as compared to Rs 137.70crores in
FY20 , thereby increase of 42.56%. Long term assets shows increase of 8.95%.
The consolidated revenue from operations for the financial year under review was 3,263.72
crores as compared to 3,471.14 crores in the previous year, a de-growth of 5.97% year-on-
year. The non-Mahindra Group consolidated supply chain revenue grew by 12.62% year-
on-year to 1,547.47 crores for the financial year under review in comparison to 1,374.10
crores for the previous year.The consolidated EBITDA for the financial year under review
stood at 151.69 crores over the previous year of 172.25 crores. The consolidated PAT de-
grew by 47.38% from 5.45 crores for the previous financial year to 29.18 crores for the
financial year under review.
-28-
Chapter – 6
Conclusion
CONCLUSION
It has been observed that Depreciation charges increased by 29.89% and finance costs increased
by 19.63%, respectively during years 2019-20. It further increased by 8.97% and by 5.09%,
respectively during year 2020-21. Net profit for the year declined by 64.36% in the year 2019-20
then by 54.42 % in the year 2020-21. Other income grew by 54.57% and then by 80.0% in the year
2020-21. So to sum up all the findings we can say that the company is growing efficiently.
However its profitability and liquidity position can be improved . The company could contact
brokers, consultants, or middleman agencies to sell their redundant assets at a lucrative gain. These
agencies could help the company to findbetter clients for a better deal. The company could a l s o
focus on contributing towards ‘Reserves’in case of any inevitable contingencies arises.
2. To measure, test and evaluate the With the help of ratio analysis tools it
liquidity and profitability position of the was found that the liquidity and
Organization. profitability of the company can be
improved.
3. To become more acquainted with With the help of some websites analysis
diverse financial proportions of of the financial statements was done.
theorganization. The financial position of the company is
sound.
4. To know how the logistics company With the help SWOT analysis method it
work and how they manage all was done.
weakness and threat and customer
satisfaction range.
-29-
BIBLIOGRAPHY
Websites :-
www.mahindralogistics.com
www.moneycontrol.com
www.screener.com
www.scribd.com
www.researchgate.com
www.goodreturns.com
www.elearnmarkets.com
www.upstox.com
www.groww.com
Reference Books :-
Accountancy - D.k goel
Management Accounting- M.N Arora
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