Coimbatore Roller Flour Mills Private Limited

8/8/2019 Coimbatore Roller Flour Mills Private Limited

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COIMBATORE ROLLER FLOUR

MILLS PRIVATE LIMITED

THE PROJECT DONE BY

B.BRINDHA

I MBA


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IntroductionThis chapter provides a short description about

the organization,Coimbatore Roller Flour Mills Private

Limited for whom the project was developed.

ORGANIZATIONAL PROFILE

The Coimbatore Roller Flour Mills (CRFM) was

incorporated during the year 1962 with its main objective

being manufacture of wheat products.

Its was taken over by the present management during 1976.SriDevender Kumar Gupta Managing Director and Sri Madanlal

Gupta Director a persons who has got vast experience in the

field of flour mills.


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At the time of takeover by the present management, the

company had an installed capacity of 1100 million tones (MT)

of production per month, with the paid up capital being 2.00

lakhs.

The management taken the enthusiastic efforts of production

during the current financial year of installed capacity is

4000MT per month with increased capital 50.00 lakhs.

The net worth of the company, which was negative at time oftakeover, is now at Rs.107.85 lakhs.When the market value of

the fixed asset is considered, the net worth of the company

will be around Rs. 500 lakhs.


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Over the years there have been gradual additions to the plantand machinery, both by way of new additions and by way ofmodernization, which also substantiate the increase ininstalled capacity to ensure the quality of the productssupplied in the market.

The initiatives taken by the management have resulted in thecompany being placed as one among the top in terms of

production, sales and quality of finished goods in the state ofTamilnadu.

Where the finished goods are tested to ensure that the qualityis always maintained to meet the market demands and retainmarket share.


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At the time of take over of CRFM by the present

management, the credit facility enjoyed from Corporation

Bank Limited was Rs, 3.00 lakhs only for an annual

production of about 3000MT.

At present for the increased production of 4000MT per month

(48000 MT per annum), the credit facility enjoyed from

Corporation Bank is RS.375.00 lakhs, which augurs well

compared to the cost of production.


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MAIN OBJECTIVESOn account of continuous increase in production and sales, as

a part of further cost saving method, the company has decides

to acquire four new windmills, two windmills during the

current financial year and two windmills in the next year.

One windmill is expected to be acquired by September 2003

and another on by March 2004.

This is a part of achieving our aim of 100% captive power

generation, which will cater the needs of our power

requirements, which in turn, will reduce the cost of

production.


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Our growths over the past years have always been well

supported by Corporation Bank.

The performance of the mills is far better than the mill set upin the country with imported machinery.

We find the various services of the bank be to our almost

satisfaction.


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Documents

Coimbatore Roller Flour Mills Private Limited