Synopsis Of Financial Analysis in Dakshina Kannada Milk Production

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SYNOPSIS Introduction The title of the project is Financial Analysis for the past 5years with reference to Dakshina Kannada Milk Producers Union Limited Kulashekara Mangalore. Because of growing importance of the management the practical training has got vital role to play.The practical knowledge help to analyze the problem which will be arise in the routine course of the business organization. The financial analysis regarding DKMU provides a bird eye view of whole summary of financial statements and this will help in decision making process and also in the growth and development of business organization. Objectives of the study The main purpose is to examine analyze and interpret the financial statement of Dakshina Kannada Milk Producers Union Limited Kulashekara Mangalore for the past 5years. The specific objectives are 1. To understand the functions of various departments in DKMU ltd. 2. To get knowledge of functional departments in detail including policies and problems. 3. To know the financial performance of DKMUL with the help of financial ratio. 4. To compare the annual performance of DKMUL over the period of the 5 years. 5. To determine the profitability position of the DKMUL 6. To understand the leverage position of the company. 7. To analyze the management of finance, this plays a vital role in the present and future development of the organization. Statement of the problem The financial analysis for the past 5years is done on the basis of ratio in order to know the company’s performance as well as their future progress. Scope of the study The scope of the study is mainly highlighting to the financial analysis of DKMUL.my project area is mainly on financial performance of DKMUL. In order to draw meaningful financial sketch of an organization the data pertaining to the period of 5years from 2010-11to 2014-15 are selected and study covers mainly of ratios of various kinds .It consists of 1. Liquidity ratio 2. Leverage ratio 3. Activity ratio 4. Profitability ratio Methodology The methodology used to collect needful information is both primary as well as secondary data.

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Synopsis Of Financial Analysis in Dakshina Kannada Milk Production

Transcript of Synopsis Of Financial Analysis in Dakshina Kannada Milk Production

SYNOPSISIntroductionThe title of the project is Financial Analysis for the past 5years with reference to Dakshina Kannada Milk Producers Union Limited Kulashekara Mangalore. Because of growing importance of the management the practical training has got vital role to play.The practical knowledge help to analyze the problem which will be arise in the routine course of the business organization. The financial analysis regarding DKMU provides a bird eye view of whole summary of financial statements and this will help in decision making process and also in the growth and development of business organization.Objectives of the study The main purpose is to examine analyze and interpret the financial statement of Dakshina Kannada Milk Producers Union Limited Kulashekara Mangalore for the past 5years. The specific objectives are1. To understand the functions of various departments in DKMU ltd.2. To get knowledge of functional departments in detail including policies and problems.3. To know the financial performance of DKMUL with the help of financial ratio.4. To compare the annual performance of DKMUL over the period of the 5 years.5. To determine the profitability position of the DKMUL6. To understand the leverage position of the company.7. To analyze the management of finance, this plays a vital role in the present and future development of the organization.Statement of the problem The financial analysis for the past 5years is done on the basis of ratio in order to know the companys performance as well as their future progress.Scope of the studyThe scope of the study is mainly highlighting to the financial analysis of DKMUL.my project area is mainly on financial performance of DKMUL. In order to draw meaningful financial sketch of an organization the data pertaining to the period of 5years from 2010-11to 2014-15 are selected and study covers mainly of ratios of various kinds .It consists of1. Liquidity ratio2. Leverage ratio3. Activity ratio4. Profitability ratioMethodology The methodology used to collect needful information is both primary as well as secondary data. Primary data: Primary data is used to collect information by visiting DKMUL and personal interaction with departments leads and staff members. Secondary data: most of the information is collected by .the financial statements and reports .other figures have been taken from annual reports of DKMUL. Vision To march forward with a missionary zeal which will make KMF a trailblazer of exemplary performance and achievements beckoning other milk federations in the country in pursuit of total emulation of its good deeds. To ensure prosperity of the rural Milk producers who are ultimate owners of the Federation. To promote producer oriented viable cooperative society to impart an impetus to rural income, dairy productivity and rural employment. To a bridge the gap between price of milk procurements and sale price To develop business acumen in marketing and trading disciplines so as to serve consumers with quality milk ,give a fillip to the income of milk producers To compete with MNCs and Private dairies with better quality of milk and milk products and In the process sustain invincibility Mission1. Union aims to help its members to increase milk productions and produce goods quality milk by extending need based services, thereby improving their economic and social development while ensuring the finanacial validity of the union.2. Union also strives to satisfy the customers by providing continuously high quality milk products thereby becoming number one at national level.Limitations of the study Lack of information availability. Only financial aspects are covered to conclude the overall performance of the DKMUL. Study mainly based on the published information provided by the concern. Some of the information was not disclosed by the DKMUL as they have to maintain secrecy. Information has to be collected during the office hours of the company employees this lead some sort of inconvenience from them and me.

Company profileCompany nameDakshina Kannada Milk Union Limited

Established 08-05-1986

Ownership patternCo-Operative sector

Unit oneKulashekara , Mangalore-575005

Unit twoUnit Manipal Dairy Manipal ,Udupi

Chilling centerUnit Puttur Dairy Putturu D.K District

Plant size10acre

Registered NoJRM/1/JMC/898/08-05

Employees(Permanent employees) (On contract basis)263350

Main BusinessProcuring, processing Distribution of Milk and Milk products such as Mysore pak,Peda,Ghee,Icecream,Lassies.

Operating bankSouth Canara Districts central co-operative Bank Limited, syndicate Bank, state bank of India Corporation Bank

Co-Operative Office DKMPU