A PROJECTONFINANACIAL ACCOUNTING (DABUR INDIA LTD)SUBMITTED BYYATRI CHANDRESH SHAHROLL NO: 126(M.COM, SEM-1)PROJECT GUIDEDR. LIPI MUKHERJEESUBMITTED TOUNIVESRSITY OF MUMBAIRAJASTHANI SAMMELANSGHANSHYAMDAS SARAF COLLEGEOF ARTS & COMMERCEAFFILIATED TO UNIVERSITY OF MUMBAIREACCREDATED BY NAAC WITH AGRADES.V.ROAD, MALAD (W)MUMBAI -400064A.Y. 2015-2016

RAJASTHANI SAMMELANSGHANSHYAMDAS SARAF COLLEGEOF (ARTS & COMMERCE)AFFILIATED TO UNIVERSITY OF MUMBAIREACCREDATED BY NAAC WITH AGRADES.V.ROAD, MALAD (W)MUMBAI -400064CERTIFICATEI Prof. DR. LIPI MUKHERJEE here by certify that YATRI CHANDRESH SHAH a student of ghanshyamdas saraf college of arts & commerce, m.com-1 sem-1 has completed project on STANDARD COSTING (NEW JERSEY INSTITUTE OF TECHNOLOGY-PUBLIC RESEARCH UNIVERSITY) in the academic year 2015-2016.Thus information submitted is true and original to the best of my knowledge.

Project guide: Principal:Date:

External Examiner:Date: College seal:

ACKNOWLEDGEMENT

I take this opportunity to thank the UNIVERSITY OF MUMBAI for giving me a chance to do this project.I express my sincere gratitude to the principal DR. SUJATA KARMARKAR, chief co-coordinators PROF.DR.LIPI MUKHERJEE, teaching faculty and our librarian for their constant support and helping for completing the project.My deep sense of gratitude to the staff and employees of for their support and gratitude.I am also grateful to my friends for giving me moral support during the course of my project work. Lastly, I would like to thank each and every person who helped me in completing the project successfully especially MY PARENTS.

Student signature

DECLARATIONI YATRI CHANDRESH SHAH a student of ghanshyamdas saraf college of arts & commerce, malad(w) M.COM-1 sem-1 hereby declare that I have completed project on FINANCIAL ACCOUNTING (DABUR INDIA LTD) in the academic year 2015-2016. This information submitted is true and original to best of my knowledge.

Date: signature of student

INDEX

SR.NOCHAPTER

1INTRODUCTION OF THE COMPANY

2HISTORY

3DABUR AT A GLANCE

4PRINCIPLES

5CONSOLIDATED FINANCIAL STATEMENTS: CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT & LOSS ACCOUNT CONSOLIDATED CASH FLOW STATEMENT

6ILLUSTRATION

7CONCLUSION

8BIBLIOGRAPHY

Executive summary

Dabur india ltd. Is a company where a balance of all these fields exists and where they perform in a perfect harmony. Dabur was set up in 1884 by dr. S. K. Burman, a physician tucked away in bengal, to produce and dispense ayurvedic medicines. His mission was to provide effective and affordable cure for ordinary people living in far-flung villages. Reaching out to a wide mass ofpeople who had no access to proper treatment, dr. S. K. Burman's commitment and ceaseless efforts resulted in the company growing from a fledgling medicine manufacturer in a small calcutta house, to a householdname that at once evokes trust and reliability. Dabur india limited is india's leading fmcg company with interests in health care, personal care and foods. Dabur has a history of more than 100 years and the company has carved a niche for itself in the field of ayurvedic medicines. The products of dabur are marketed in more than50 countries worldwide. Through its comprehensive range of products it touches the lives of all consumers, in all age groups, across all social boundaries. And this legacy has helped them develop a bond of trust with our consumers. That guarantees us thebest in all products carrying the dabur name.

Research methodology:

Primary sources such as current annual report, books on financial management by various authors and business magazines such as Business World, Business Today, etc..

Secondary sources like previous year annual report, advanced financial accounting, analysis and comparison of data gathered.

Introduction of the company:

The name dabur itself remind us its most popular brand chyavanprash for which it is so much popular. But this company is also engaged in many other businesses also like hair oil, soap, shampoo, toothpowder, toothpaste, health supplements & other consumer care products which are marketed under the brands dabur, vatika, hajmola, and anmol and are positioned on the ayurvedic wellness platform.

Dabur india was incorporated as a private limited company in 1936 by the dabur group to produce cosmetics & toilet preparations. It became a public limited company in 1986 after the reverse merger with vidogum limited.

Basically the company was started as a small pharmacy in kolkata by dr. S.k. Burman in the year 1884. Currently, the company has nine production facilities organized around three main factories at baddi (himachal pradesh), uttaranchal and nepal and six support factories at sahibabad (uttar pradesh), jammu, alwar, katni, narendrapur and jaipur.

The company established its largest plant in rudrapur (uttaranchal) in the year 2004 -05. In 2002-03, the company de-merged its pharmaceutical business in to a separate company, dabur pharma ltd. And in june 2005, dabur exited from the diary joint venture with dabon international formed in 1996.

From the 1st april 2006, three of dabur's subsidiaries balsara hygiene products, balsara home products and best cosmetics which were acquired in april 2005 were merged with it. Apart from oral care brands such as promise, babool and meswak, the acquisition has also brought a range of household care product such as odomas, odonil, sani fresh and odopic under dabur's product portfolio.

The company has a network with over 20 lakh retail outlets across the country through more than 5,000 distributors. The company has incorporated a wholly owned subsidiary 'h & b stores limited' in may 2007 to foray into retail business.

History of the company:

Dabur india ltd. is the limited company. It is itself so much famous in its field of working. The company history sections lists out major chronological events that happened to the company.

Milestones to success:

Dabur india ltd. Made its beginnings with a small pharmacy, but has continued to learn and grow to a commanding status in the industry. The company has gone a long way in popularising and making easily available a whole range of products based on the traditional science of ayurveda. And it has set very high standards in developing products and processes that meet stringent quality norms. As it grows even further, dabur will continue to mark up on major milestones along the way, setting the road for others to follow.

1884 - established by dr. S k burman at kolkata

1896 - first production unit established at garhia.

1919 - first r&d unit established.

Early 1900s - production of ayurvedic medicines dabur identifies nature-based ayurvedic medicines as its area of specialisation. It is thefirst companyto provide health care throughscientifically tested and automated productionof formulations based on our traditional.

1930 - automation and upgradation of ayurvedic products manufacturing initiated.

1936 - dabur (dr. S k burman) pvt. Ltd. Incorporated.

1940 - personal care through ayurvedadabur introduces indian consumers topersonal care through ayurveda,with thelaunch of dabur amla hair oil.So popular is the product that it becomes the largest selling hair oil brand in india.

1949 - launched dabur chyawanprash in tin pack widening the popularity and usage of traditional ayurvedic products continues.

1957 - computerisation of operations initiated.

1970 - entered oral care & digestives segment addressing rural markets where homemade oral care is more popular than multinational brands, dabur introduceslal dant manjan. With this a conveniently packaged herbal toothpowder is made available at affordable costs to the masses.

1972 - shifts base to delhi from calcutta.

1978 - launches hajmola tabletdabur continues to make innovative products based on traditional formulations that can provide holistic care in our daily life. An ayurvedic medicine used as a digestive aid is branded and launched as the popularhajmola tablet.

1979 - dabur research & development centre (drdc) set up

1979 - commercial production starts at sahibabad, the most modern herbal medicines plant at that time.

1984 - dabur completes 100 years.

1988 - launches pharmaceutical medicines.

1989 - care with fun the ayurvedic digestive formulation is converted into a children's fun product with thelaunch of hajmola candy.In an innovative move, a curative product is converted to a confectionary item for wider usage.

1994 - comes out with first public issue.

1994 - enters oncology segment.

1994 - leadership in health caredabur establishes its leadership in health care as one of only two companies worldwide to launch theanti-cancer drug intaxel (paclitaxel).Dabur research & development centre (drdc) develops an eco-friendly process to extract the drug from its plant source.

1996 - enters foods business with the launch of real fruit juice.

1996 - real blitzkrieg dabur captures the imagination of young indian consumers with the launch ofreal fruit juices- a new concept in the indian foods market. The first local brand of 100% pure natural fruit juices made to international standards,real becomes the fastest growing and largest selling brandin the country.

1998 - burman family hands over management of the company to professionals.

2000 - the 1,000 crore markdabur establishes its market leadership status by staging aturnover of rs.1, 000 crores.Across a span of over 100 years, dabur has grown from a small beginning based on traditional health care. To a commanding position amongst an august league of large corporate businesses.

2001 - super specialty drugswith the setting up of dabur oncology's sterile cytotoxic facility, the company gains entry into the highlyspecialised area of cancer therapy.The state-of-the-art plant and laboratory in the uk have approval from the mca of uk. They followfda guidelinesfor production of drugs specifically for european and american markets.

2002 - dabur record sales of rs 1163.19 crore on a net profit of rs 64.4crore.

2005 - dabur announces bonus after 12 years.Dabur india announced issue of 1:1 bonus share to the shareholders of the company, i.e. One share for every one share held. The board also proposed an increase in the authorized share capital of the company from existing rs.50 crore to rs.125 crore.

2006 - approves fccb/gdr/adr up to $200 million.Moving forward on the inorganic growth path, dabur india decides to raise up to $200 million from the international market through bonds, fccbs, gdr, adr, qips or any other securities.the capital raised will be used to fund dabur's aggressive growth ambitions and acquisition plans in india and abroad.

2007 - dabur foods merged with dabur india.Dabur india decides to merge its wholly-owned subsidiary dabur foods limited with itself to extract synergies and unlock operational efficiencies. The integration will also help dabur sharpen focus on the high growth business of foods and beverages, and enter newer product categories in this space.

2008 - acquires fem care pharma.Dabur india acquires fem care pharma, a leading player in the women's skin care market. Besides an entry into the high-growth skin care market with an established brand name fem, this transaction also offers dabur a strong platform to enter newer product categories and markets.

2009 - dabur red toothpaste joins 'billion rupee brands' club.Dabur red toothpaste becomes the dabur's ninth billion rupee brand. Dabur red toothpaste crosses the billion rupeeturnover mark within five years of its launch.

2010 - dabur makes its first overseas acquisition.Dabur makes its first overseas acquisition, buying hobi kozmetik kozmetik group, a leading personal care products company in turkey, for $69 million.

2011 - dabur launches its first-ever online shopping portal.Dabur india ltd. Launches its first-ever online shopping portalwww.daburuveda.comwith this, dabur is the first indian fmcg company to launch a dedicated online shopping portal for its beauty products range.

Dabur at a glance:

Dabur india limited has marked its presence with significant achievements and today commands a market leadership status. Our story of success is based on dedication to nature, corporate and process hygiene, dynamic leadership and commitment to our partners and stakeholders. The results of our policies and initiatives speak for themselves.

Leading consumer goods company in india with a turnover of rs. 5,283 crore (fy12) 2 major strategic business units (sbu) -consumer care businessandinternational business division (ibd) 2 subsidiary group companies -dabur internationalandnewand several step down subsidiaries:dabur nepal pvt ltd(nepal),dabur egypt ltd(egypt),asian consumer care (bangladesh),asian consumer care (pakistan),african consumer care(nigeria),naturelle llc(ras al khaimah-uae),wakefield international(uae) andjaquline inc.(usa) 17ultra-modern manufacturing unitsspread around the globe Products marketed in over60 countries Wide and deep market penetration with50 c&f agents, more than5000 distributorsand over3.4 millionretail outlets all over india

Consumer care businessaddresses consumer needs across the entirefmcgspectrum through four distinct business portfolios ofpersonal care,health care,home care&foods Master brands: Dabur- ayurvedic healthcare products Vatika- premium hair care Hajmola- tasty digestives Ral- fruit juices & beverages Fem- fairness bleaches & skin care products 12 billion-rupee brands: dabur amla, dabur chyawanprash, vatika, ral, dabur red toothpaste, dabur lal dant manjan, babool, hajmola, dabur honey, glucose, femandodonil Strategic positioning ofhoneyas food product, leading to market leadership (over75%) in branded honey market dabur chyawanprashthe largest selling ayurvedic medicine with over 65% market share. Vatikahas been thefastest growing hair care brand in the middle east Hajmola tablets in command with 60% market share of digestive tablets category. About2.5 crore hajmola tablets are consumed in india every day Leader in herbal digestives with 90% market share Consumer health division(chd) offers a range ofclassicalayurvedic medicinesand ayurvedic otc products that deliver the age-old benefits of ayurveda in modern ready-to-use formats Has more than 300 products sold through prescriptions as well as over the counter Major categories in traditional formulations include:-asavarishtas-rasrasayanas-churnas- medicated oils Proprietary ayurvedic medicines developed by dabur include:-nature care isabgol-madhuvaani- trifgol Division also works for promotion of ayurveda through organised community of traditional practitioners and developing fresh batches of students

International business division(ibd) caters to the health and personal care needs of customers across different international markets, spanning nepal, bangladesh, the middle east, north & west africa, eu and the uswith its brands dabur & vatika

Contributes to about 30% of total sales Leveraging the 'natural' preference among local consumers to increase share in personal care categories Focusmarkets:-gcc-egypt-nigeria-bangladesh-nepal- us High level of localization of manufacturing and sales & marketing

principles:

1. Ownership: This is our company. We accept personal responsibility, and accountability to meet business needs.

2. Passion for winning: We all are leaders in our area of responsibility, with a deep commitment to deliver results. We are determined to be the best at doing what matters most.

3. People development: People are our most important asset. We add value through result driven training, and we encourage & reward excellence.

4. Consumer focus: We have superior understanding of consumer needs and develop products to fulfil them better.

5. Team work: We work together on the principle of mutual trust & transparency in a boundary-less organisation. We are intellectually honest in advocating proposals, including recognizing risks.

6. Innovation: Continuous innovation in products & processes is the basis of our success.

7. Integrity: We are committed to the achievement of business success with integrity. We are honest with consumers, with business partners and with each other.

Conclusion:

It was really a very great experience to study this fmcg company dabur india limited. Aftergoing into all its aspects i.e.Its marketing strategies, policies, pricing strategies etc. Wecan conclude that the company is excellent on all the fronts. The companys different projects like sundesh and its social initiatives in nepal etc. Indicates that the company is also loyal towards the society, and all such social responsibilities are very necessary to build a strong customer base and brand loyalty. Through its comprehensive range of products it touches the lives of all consumers, in all age groups, across all social boundaries. And this legacy has helped them develop a bond of trust with our consumers. That guarantees us thebest in all products carrying the dabur name.

bibliography:

BOOKS M.Y.Khan and P.K.Jain, Financial Management,Tata McGraw-Hill Publishing Limited, New Delhi, Third Edition. Narayanaswamy, Financial Accounting a Managerial Perspective , PHI Learning Private Limited, Third Edition.

Search Engine: www.googal.co.in

Websites: www.daburindia.co.in www.bseindia.com www.business-standard.com www.kotaksecurities.com1