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8/9/2019 Deep Candle

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DEEP CANDLES

(Roshni Jindagi ki)

PRESENTED BY:

Group No.11

Sachin Kumar

Amit Kumar

Sidharth Shankar Jha

From:

Batch 2009-11

Institute of Productivity &Management, Meerut

PRESENTED TO:

Resp. Mr. V.S. Solanki sirFaculty,IPM, Meerut


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ACKNOWLEDGEMENT

We would like to thank a lot to ourmentor Mr. V. S. Solanki sir for

providing us guidance and support tocomplete the support. I would alsolike to thank candle maker Mr. C. D.Sahu for his help to work for it.


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OVERVIEW OF PRODUCT

It is a firm which is producing Candlesused for household purposes.

We guarantee our customers to providethem long-lasting candles comparing toother candles in the market.


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THE TEAM

FINANCE : Amit Kumar

DISTRIBUTION : Sachin Kumar

MARKETING : Sachin Kumar

FACTORY : Siddharth Shankar Jha


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LOCATION

We are planning to open our firm in

Ghodthamba, Giridih in the state Jharkhand,

because here, we can get land at optimumrate and also, it is nearest to its market.


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COMPETITORS

Jugnu Candles, Hazaribagh

Rakesh Candles, Bagodar


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MARKET SEGMENTATION

Lower Class and Lower Middle Class.

Students of school & colleges living in lodgein Giridih.

Covering about 10-15 villages.


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REQUIREMENTS

Area required about 1000sq.ft.

2 main laborers and one driver cum helper.

One Maruti Omni. Machinery for each type of candles.

A big and two small Cauldrons.

Other necessary equipments for

manufacturing candles.


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VARIETY OF PRODUCT

Candles of rupee one.

Candles of rupee two.

Candles of rupee five.


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WORKING

Recruitment by personal contact.

Equipments: Maruti omni will be purchased second

hand.

All equipments and machinery will haveISI marked.


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APPROX. SALES DETAILS FOR THE YEAR 2009-2010

MonthMonth TotalTotal

Candles/dayCandles/day

TotalTotalCandles/monthCandles/month

AugustAugust 800800 24,00024,000

SeptemberSeptember 800800 24,00024,000

OctoberOctober 1,2001,200 36,00036,000NovemberNovember 800800 24,00024,000

DecemberDecember 1,0001,000 30,00030,000

JanuaryJanuary 800800 24,00024,000FebruaryFebruary 800800 24,00024,000

MarchMarch 800800 24,00024,000


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COST OF MATERIALS USED ACCORDINGLY

MaterialsMaterials Quantity/dQuantity/dayay

(Kg)(Kg)

Rate/KgRate/Kg(Rs)(Rs)

TotalTotalamt./day (Rs)amt./day (Rs)

TotalTotalamt./monthamt./month

(Rs)(Rs)

WaxWax 22.6022.60 70.070.0 1,582.51,582.5 47,46047,460

ThreadThread 2.302.30 65.065.0 149.5149.5 4,4854,485

CartonsCartons 0.350.35 10.010.0 3.53.5 105105

PlasticPlastic 0.150.15 12.012.0 1.81.8 5454

CoalCoal 5.005.00 2.52.5 12.512.5 375375

TotalTotal -- 159.5159.5 1749.81749.8 5247952479


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(For the year Ending on 31st March 2010)

ParticularsParticulars Amt.Amt. ParticularsParticulars Amt.Amt.

To Raw MaterialTo Raw Material

To CoalTo Coal

To Gross Profit c/dTo Gross Profit c/d

To Distribution Exp.To Distribution Exp.

To Selling Exp.To Selling Exp.

To SalaryTo Salary

To DepreciationTo Depreciation

To Elec.& Ph.billsTo Elec.& Ph.bills

To other exp.To other exp.

To net profitTo net profit

4,16,8224,16,822

3,0003,000

1,83,9281,83,928

9,6009,600

64,94664,946

43,20043,200

2,6002,600

4,4004,400

1,6501,650

57,53257,532

By SalesBy Sales

By Gross Profit b/dBy Gross Profit b/d

6,03,7506,03,750

1,83,9281,83,928 1,83,9281,83,928

Debit Credit

6,03,7506,03,750 6,03,7506,03,750

1,83,928


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BALANCE SHEET

(AS ON 31st MARCH,2010)

LiabilitiesLiabilities Amt.Amt.(Rs )(Rs )

AssetsAssets AmtAmt(Rs)(Rs)

Capital: 4,00,000Capital: 4,00,000

Add:Add:

Net Profit: 60,132Net Profit: 60,132

4,60,1324,60,132

Less:Less:

Drawings:Drawings:

Sachin 17000Sachin 17000

AmitAmit 1500015000SidharthSidharth 13000 45,00013000 45,000

4,15,1324,15,132

Cash in bankCash in bank

Cash in handCash in hand

Furniture and fixturesFurniture and fixtures

Fixed assetsFixed assets

Cauldrons 9,000Cauldrons 9,000

Vehicles 55,000Vehicles 55,000

Land 1,35,000Land 1,35,000

Machinery 26,000Machinery 26,000

Less:Less:

DepreDepre. 2,600. 2,600

23,40023,400

40,00040,000

1,46,7321,46,732

6,0006,000

2,22,4002,22,400

4,15,132 4,15,1324,15,132


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BREAK EVEN POINT

Till 31st Jan 2011,we will supply 4,72,500

candles, by which we will earn Gross profitRs.4,13,838.

Thus, our BEP will be achievedwithin 18 months.


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PROJECTION FOR NEXT FIVE

YEARS(2009-14) We are assuming that we will increase our business 14%

per annum.

After 2-3 years we are applying product developmentstrategy to our business and we start producingdecorative & fragrance candles.


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UNIQUE SELLING PREPOSITION

Using paraffin wax i.e. of good quality

Good flame providing more light

Thread used is of good quality

Providing hard & standing candles


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FUTURE PLANS

To expand our business to otherstates also.

To cover large scale organizationsTo capture around 53% market

share

To open another factory inMujjafarnagar (U.P)

To make our candles as a BRAND


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Further, for any assistance,contact me on:[email protected]

[email protected]

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