Nitin Auto Works Project

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    A Project Report

    OF

    NITIN AUTO WORKS PVT. LTD.

    Submitted to UNIVRSIT! OF PUN

    U"der T#e $uid%"ce o&

    Pro&' S"e#%( $%ur

    Submitted )*' Niti"d%+ K%((i",%(

    ))A III S- VI

    Fi"%"ce/

    STESs

    Si",#%d 0o((e,e O& 0ommerce

    Ko"d#1%2)345 PUN678

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    SIN9$AD T09NI0AL DU0ATION SO0IT!:S

    SIN9$AD 0OLL$ OF 0O--R0KOND9WA 2)345 PUN678

    0RTIFI0AT OF T9 0OLL$

    T#i+ i+ to certi&* t#%t -r.Niti"d%+ K%(ii",%(5 +tude"t o& ))A III Sem

    VI 2 Fi"%"ce45 S0O05 PUN #%+ comp(eted #i+ project o" Project

    report o& Niti" Auto Wor3+ P;t.Ltd. %"d #%+ +ubmitted t#e project

    report i" p%rti%( &u(

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    D%te'

    P(%ce' Pu"e

    A0KNOWLD$-NT

    It 1%+ % r%re opportu"it* to prep%re % project report o&

    comp%"ie+ %"d t#%t %re 1e(( 3"o1" &or t#eir core

    corpor%te ;%(ue+ %"d pr%ctice+ t#%t it imbibe+ i"to %((

    i"di;idu%(+ 1#o5 "o m%tter e;e" &or % +#ort dur%tio"5e"ter t#e premi+e+ o& diCere"t i"du+trie+.

    I %m ,r%te&u( to our pri"cip%( Dr.-.S.W%%( %"d our ,uide

    Pro&. S"e#%( $%ur 5 1#o+e t#orou,# ,uid%"ce %"d

    directio" #%+ #e(ped me %ccomp(i+# t#e project 1it#

    m%Bimum u"der+t%"di",.

    I 1ou(d (i3e to eBpre++ m* ,r%titude to1%rd+ %(( o& t#em

    1#o #%;e ,i;e" t#eir e%r"e+t +upport5 direct(* or

    i"direct(* &or t#i+ report.

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    Nitin Auto Works

    About u+

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    Mr. Haridas Kallingal (CEO,CFO, Nitin AutoWorks)be%r+ % ,ood reput%tio" i" t#e bu+i"e++ (obb*5pio"eeri", t#e ,roup eCecti;e(* &rom ? *e%r+ %"d (e%d

    t#e %utomobi(e +er;ice i"du+tr* i"to diCere"t #orio" o&

    +ucce++. U"der #i+ %b(e (e%der+#ip t#e %utomobi(e +er;ice

    i"du+tr* m%3e+ it+ +ucce++&u( pre+e"ce i" rep%iri", 5

    +er;ici", 5 i"+ur%"ce+ ,r%b+ #i,# dem%"d %"d competi",

    m%"* o(d %"d ot#er %utomobi(e +er;ice i"du+tr*.

    Mr. Nitindas Kallingal (Director, Nitin Auto

    Works)

    Wit# t#e Cecti;e (e%der+#ip5 ;i+io"5 "e1 i""o;%tio"

    tec#"iEue %"d proper m%"%,i", o& &u"d+5 -r. Niti"d%+K%((i",%( did be+t to m%3e+ it+ ,roup i"to % repu%ted

    im%,e.

    9i+ +ucce++&u( ;e"ture+ i"to Sp%re+ P%rt+ (e%d Niti" Auto

    Wor3+ to e%r" ,ood "%me %"d &%me.

    Mr. Ja!rakas" Nair (MD, Nitin Auto Works)

    Wit# t#e I""o;%ti;e ide%+5 ;i+io"5 tec#"iEue %"d proper

    m%"%,i", o& +er;ice+5 -r. %*pr%3%+# N%ir m%"%,e+ t#e

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    +er;ice+ "eed+ o& cu+tomer %+ per t#eir "eed+%"d

    pro;ide+ proper +er;ice+ "eeded i" t#e +er;ice i"du+tr*.

    Nitin Auto Works

    )rie& #i+tor* o&

    comp%"*

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    Niti" Auto

    Wor3+

    For t#e Peop(e5 To t#e peop(e5 b* u+...G

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    Niti" Auto Wor3+

    T*pePrivate Automobi(e

    Ser;ice

    Founded ?=

    Fou"der2S4 -r. 9%rid%+ K%((i",%(

    Head#uart

    ers

    Pu"e5 -%#%r%+#tr%5 I"

    di%

    Area

    ser$ed

    Rep%iri",

    Ser;ici",

    I"+ur%"ce

    I"du+tr* Ser;ici",

    O1"er+2S4 -r.9%rid%+ K%((i",%(

    http://en.wikipedia.org/wiki/Private_Companyhttp://en.wikipedia.org/wiki/Private_Company
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    Niti" Auto Wor3+Niti" Auto Wor3+ #%+ bee" &ormed i" ?= u"der

    t#e ;i+io" o& it+ 0O5 -D -r. 9%rid%+ K%((i",%(5

    u"der t#e o"e room oHce.

    S(o1(* %"d ,r%du%((* t#e $roup m%r3+ it+ pre+e"ce

    i" m%r3et %"d competi", m%"* +er;ice i"du+tr*

    eCecti;e(* %"d ti(( "o1 it #%+ m%"* +ucce++&u(

    +er;ice+ i" t#e

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    Sector Ser;ice+

    Niti" Auto

    Denting %

    &ainting '!are &arts

    All t"e t!es o

    our "eelers

    are ser$iced 'atis*cation to

    t"e custo+er

    Four "eelers

    insurance are

    !ro$ided

    All t!es o our

    "eeler s!are

    !arts are

    a$ailale and

    !ro$ided as !er

    Rep%iri",

    Ser;ici",

    I"+ur%"c

    e

    Sp%re+

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    Niti" Auto Wor3+ Future pro+pect+'

    P(%""i", &or e"teri", i" S#o1room

    %"d Sp%re p%rt+ bu+i"e++e+.

    P(%""i", to e"ter i" i"&r%+tructure

    bu+i"e++.

    To (%u"c# Niti" Auto Wor3+ i"

    diCere"t p%rt+ o& +t%te+.

    P(%""i", to (%u"c# #i,# pro

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    Niti" Auto Wor3+

    Name Designation-r. 9%rid%+V.K%((i",%(

    0O50FO

    -r. %*pr%3%+# N%ir -%"%,er2-D4

    -r. Niti"d%+K%((i",%(

    Director

    -r. Ni+#%"t -ec#%"ic%( e",i"eer

    -r. )%ppu T%B co"+u(t%"t+ %"dAuditior

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    -r. R%t#ee+# N%ir mp(o*ee I"6c#%r,e

    -r. N%+ir S#%i3# Super;i+or

    -r. -oti(%( P%i"ter-r. N*%"e+#1%r A++i+t%"t emp(o*ee

    -r. F%*% Tr%i"er

    Pre+e"t -%r3et

    co"ditio" o&

    %utomobi(e +er;icei"du+tr* '

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    T#e %utomobi(e +er;ice i"du+tr* i+ emer,i",

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    Ro(e i" t#e m%r3etO& Niti"

    Automobi(e

    +er;ice+ P;t.Ltd.

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    A+ %&ter (%u"c#i", it+ %utomobi(e +er;ice +ector. T#eprime objecti;e o& Niti" Auto Wor3+ i+ to c%pture t#e

    m%r3et eCecti;e(* i" ;er* +#ort +p%" o& time.

    u%(it* %"d "e1 i""o;%ti;e %utomobi(e +er;ice c#%r%cter+

    %re t#e prime 3e* poi"t+ to ,r%b t#e cu+tomer+ %"d Niti"

    Auto Wor3+ 1ou(d m%jor(* co"ce"tr%te i" m%3i", +t%b(e

    %"d 1e(( reco,"ie to1%rd+ it+ )u+i"e++.

    A&ter e"teri", i"to t#i+ +ector J:Niti" Auto Wor3+:: 1ou(d

    be % bo%+ti", &%ctor i" t#e %utomobi(e +er;ice i"du+tr* i"

    I"di% %"d 1ou(d be % "e1 re;o(utio" i" t#i+ +ector.

    T#e ,ro1t# i" t#i+

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    SWOT %"%(*+i+ o&

    Niti" AutoWor3+

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    Niti" Auto Wor3+

    'trengt"-

    $ood coordi"%tio" %mo", emp(o*ee+ %"d emp(o*er.

    Cecti;e p(%""i", %"d meeti",+ de%d (i"e time(*.

    9%;i", +tro", top (e;e( m%"%,eme"t.

    Cecti;e %"d Eu%(it* m%"po1er.

    A(1%*+ #%;e "e1 %"d i""o;%ti;e %ppro%c# &or t#eir +er;ice5

    1#ic# re+u(t i" % bi, +ucce++ &or t#em.

    T#e &u"d+ %re %(1%*+ bee" rot%ted %"d t#e* doe+ "ot be(ie;e

    i" muc# debt.

    0o+ti", %ccordi", to cu+tomer (e%d+ to i"cre%+e i" dem%"d+

    %"d re+u(t i"to ,ood pro

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    It e"jo*+ ,ood m%r3et reput%tio" &or ;%riou+ +er;ice+ t#e*

    oCer.

    Niti" Auto Wor3+

    Weakness-

    -o;i", i" e;er* +ector ;er* r%pid(*.

    Doe+ "ot i"ter(i"3 &u"d+ o& o"e +er;ice to %"ot#er.

    Doe+ "ot co"ce"tr%ti", o" +i",(e +e,me"t.

    I"+ur%"ce i+ % tou,# c%(( &or J:Niti" Auto Wor3+:: %"d t#eir

    &uture p(%"+ &or e+t%b(i+#i", #i,# pro

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    Niti" Auto Wor3+

    O!!ortunit-

    T#e* %re p(%""i", to be i" e;er* emer,i", +e,me"t5 %"d due

    to eCecti;e p(%""i", %"d i""o;%tio" met#od5 t#e* cou(d

    e%+i(* c%pture t#e p%rticu(%r +e,me"t.

    Automobi(e +er;ice i+ % ,e"er%((* emer,i", +e,me"t %"d

    b%+ic%((* o1"ed b* +er;ice i"du+tr*5 but m%3i", %+ bu*i",

    %"d +e((i", t#rou,# ret%i( c#%i"+ cou(d ,r%b bu+i"e++ % ,ood

    cu+tomer b%+e %"d 1ou(d % +ucce++&u( +e,me"t o& t#e Niti"

    Auto Wor3+.

    I& Niti" Auto Wor3+:+ #i,# pro

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    Niti" Auto Wor3+

    "reats-

    T#i+ bu+i"e++ #%+ 1ide competitor+ %"d i& competitio"

    1ou(d i"cre%+e5 t#e" it 1ou(d be % m%jor t#re%te"i",c%(( &or t#em.

    I& +%me co"cept o& %utomobi(e +er;ice ret%i( 1ou(d

    i"troduce b* ot#er bi, ,i%"t+ t#e" 1ou(d be % m%jort#re%t &or t#i+ "e1 %"d i""o;%ti;e co"cept.

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    -ode(' Ro((+ Ro*%(e

    Ser;ice de+criptio"' )umper Scr%tc#

    %t ? +ide p%i"ted %"d c(e%red.

    /EFO0E

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    -ode(' To*ot% I""o;%

    Ser;ice de+criptio"' Fro"t #e%d (i,#t5

    +ide +cr%tc#5 &ro"t bumper

    AFE0

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    /EFO0E

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    -ode(' -%ruti Suu3i S1i&t Dire

    Ser;ice de+criptio"'

    AFE0

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    E1!lanations o

    0atios-

    For Nitin Auto Works &$t.2td.

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    (3)2i#uidit 0atios-

    2a) Current ratio'

    T#i+ r%tio i"dic%te+ t#e +o(;e"c* o& t#e bu+i"e++ i.e %bi(it* to meet

    t#e (i%bi(itie+ o& t#e bu+i"e++ %+ %"d 1#e" t#e* &%(( due. T#i+ r%tio

    %(+o i"dic%te+ #o1 muc# 0urre"t A++et+ %re t#ere %+ %,%i"+t e%c#

    rupee o& curre"t (i%bi(itie+.

    T#e ide%( r%tio i+ ='?

    A$erage o 4 ears Current ratio o Nitin Auto Works

    auto+oile ser$ice s &$t. 2td.- is 4.567

    8nter!retation-

    So &rom t#i+ it c%" be +t%ted t#%t % comp%"* i+ i" +ou"d po+itio"

    to meet it+ curre"t (i%bi(itie+.

    (/) 9uick 0atio or li#uid ratio-

    A+ re,%rd+ t#e %bi(it* to #o"or d%* to d%* commitme"t5 (iEuid

    r%tio i+ % better too(. It i+ t#e r%tio bet1ee" (iEuid %++et+ %"d (iEuid

    Li%bi(itie+.

    A" ide%( r%tio i+ co"+idered %+ ?'?

    A$erage o 4 ears 9uick ratio o Nitin Auto Works

    auto+oile ser$ice s &$t. 2td.- is 4.4:7

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    I" ot#er 1ord+5 t#e r%tio %+cert%i"+ 1#et#er t#e comp%"* i+c%p%b(e o& meeti", i"tere+t o" t#e (o%"+ e%+i(* out o& pro

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    Net Pro

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    Feasiilit o&roect

    For Nitin Auto Works &$t.ltd

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    The Project of Nitin Auto Works Automobile service s Pvt.Ltd

    would be feasible from the followin as!ects.

    Ad+inistrati$e-

    T#e Pio"eer+ %re #%;i", +ou"d eBperie"ce i" t#e

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    pro

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    So t#i+ tur"+ to i"cre%+e i" po++ibi(itie+ o& &e%+ibi(it* o&

    project.

    0o"c(u+io" o&Project Report

    O& Niti" Auto Wor3+ P;t. Ltd

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    "rom the ratios stated above it can observed that the

    #nancial !osition of the Nitin Auto Works Automobile service

    s Pvt. Ltd. is sound and it is ca!able for meetin its short

    term obliation and short term #nancial strenth is stron.

    Even the Lon term solvenc$ of Nitin Auto Works Automobile

    service s Pvt. Ltd. is ood which assures the lon %termcreditors with reard to !eriodic !a$ment of interest& and

    the re!a$ment of a loan on maturit$ or in !re'determined

    installments at due date.

    The !ro#tabilit$ !osition of Nitin Auto Works automobile

    service s Pvt. Ltd is sound and the com!an$ is ca!able for

    earnin ood !ro#ts.

    And above discussed Project feasibilit$ as!ects we can sa$

    that the !roject is feasible for lon run and ca!able to earn

    ood !ro#ts and could meet its #nancial obliations easil$.

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    /iliogra!"

    .google.co+.iki!edia.co+

    nitinautoorksBg+ail.co+

    Analsis o *nancial state+ents

    (NCE0, class 88)Manage+ent Accounting (Nirali

    &rakas"an, //A se+< 888)'el knoledge.

    http://www.google.com/http://www.wikipedia.com/mailto:[email protected]://www.google.com/http://www.wikipedia.com/mailto:[email protected]