navneet publication

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Navneet Publication PREFACE The world has come to practical solution of things and all in demand is not what we know but what we can do mere bookish knowledge lands you or me nowhere what is actually needed is to transform your bookish knowledge in to action and result oriented actions. Keeping the same strategy is mind NavneetLal Ranchhodrai Institute of Business Administration has introduced practical outlook to big industrial units. Keeping the same in mind and to make the students familiar with the practical managerial function the institute arranges an industrial visit to Navneet Publication (India) Ltd. Situated at Dantali village of Gujarat. “Reading gives theoretical knowledge But visit gives practical knowledge.” BATHANI JITENDRA 1

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Page 1: Navneet Publication

Navneet Publication

PREFACE

The world has come to practical solution of things and all in demand is not what we know but what we can do mere bookish knowledge lands you or me nowhere what is actually needed is to transform your bookish knowledge in to action and result oriented actions.

Keeping the same strategy is mind NavneetLal Ranchhodrai Institute of Business Administration has introduced practical outlook to big industrial units. Keeping the same in mind and to make the students familiar with the practical managerial function the institute arranges an industrial visit to Navneet Publication (India) Ltd. Situated at Dantali village of Gujarat.

“Reading gives theoretical knowledge But visit gives practical knowledge.”

BATHANI JITENDRA

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ACKNOWLEDGEMENT

The visit has added and unforgettable experience and lots of practical knowledge to my brain. It is very helpful for my life. Therefore, I would like to thank Mr. B.N.Mehata, director to our institute who made this visit possible and I am equally thankful to Prof. Neha Patel who escorted and guided us through out the visit.

I am also heartily express my gratitude to authorities of the Company who let us had a inspirational glance in to extraordinary management of one of the world’s largest Company.

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INDEXSr. no Particular Page no.

1. Introduction 2. Company history3. Brief of the company4. General Information5. Location6. Organization Aspects

Board of Directors Management Team

7. Utilities8. Production Management

Raw Materials Capacities Availabilities Finish Products Production Process

9. Marketing Management Pricing Decision Advertising Public Relation Distribution Strategies Personal Selling Import Export market

10. Personnel Information Sources of Recruitment Training of new Workers Employee Benefits and Services

11. Financial management Profit and Loss A/C Balance Sheet Financial Ratio Sale Chart Income Chart

12. Conclusion13. Bibliography

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INTRODUCTION

India is very populated country. Constantly expanding population has required and will continue to demand for good material and facility but available local companies are not sufficient and also the market holding of the individual company is very small. So we required good company with the very good market holding.

Multinational companies give people very good material and facilities but they are at the very high cost and very good for high society people so Indian common people cannot afford to use and get their product. Indian life style living trend is now rapidly changing with western culture but the Indian people are still Indian. They are needed to have good Indian companies to give them good material and facility to live and enjoy the better living life. Seeing the present trends and requirement to Indian people the Navneet Publication is the best Indian companies for good publishing book product and good material at the very cheaper rate as per requirements.

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Navneet Publication

COMPANY HISTORY

Establishment: [A] Land purchased : In 1882

[B] Construction : In 1887

[C] Begin Production : In 1889

[D] First Production Plant : In Vasoly

Name of founder: Laljibhai R. Gala L.R. Gala struggle more for establish Navneet Publication but he could not see his first production of it.

Date of Birth: 21st September, 1821.

Date of Death: 5th July, 1887.

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PROGRESS PERIOD :

To begin L.R. Gala sold paper scrap in a lorry then one thought came in his mind to establish an organization of paper production. For that, he tried more after that he purchased land in 1882 and started construction in 1887.

However, unluckily he died in 1887 and could not see his organization and first production.

In recent year, Navneet Publication Ltd. Has successful held its 70% market share had been trying to increase its share in market. Today Navneet Publication Ltd. Becomes India is leading industry of in educational books production. Today Navneet Publication produced 50 tones production per day. Its capacity is 300 tones per day. It uses 85% foreign equipments. Its current net profit 35 crores.

CHANGE IN PRODUCTIVE CAPACITY :

In recent years, Navneet reached at high level in industry. Its productive capacity is 300 tones per day and 45000 tones per year. Its capacity to prepare 3 inches and 7.5 c.m. thick books and telephone dictionary too.

In current year, it also produces stationary in Selvas and export 90% to U.S.A. and Israel and rest of sales in Gujarat. This is an achievement for Navneet Publication.

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Navneet Publication

BRIEF INTRODUCTION OF THE COMPANY

NAME: Navneet Publication (India) Ltd.

Registered Office:

Navneet Publication, Navneet Bhavan, Bhavani shankar Road, Dadar (w), Mumbai -400028

Tel No.: (022) 56626565 Fax : (022) 56626476 E-mail : [email protected]

Works in Ahmedabad: Navneet House, Gurukul Road, Memnagar, Ahmedabad – 380052.

Tel No.: (079) 8105000 Fax: (079) 8105011 E-mail: [email protected]

Factories:

Navneet Publication Ltd., Dantali village, Kasturinagar, Gandhinagar. Tel No.: (079) 3286200

Motto: Knowledge is wealth

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Navneet Publication

Branch in Gujrat: Ahmedabad Surat Bardoli Navsari

Branch in India:

Mumbai Pune Nasik Nagpur Andhra Pradesh Tamilnadu New Delhi Karnataka Madhya Pradesh West Bengal Bihar (Patana) Company progress out of India:

U.S.A Israel

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Navneet Publication

Special Units :- There are also same special units of Navneet too. These are three special business units there are as under.

SBU 1:- Educational Books

SBU 2:- Children Books General on Health Hygiene, etc.

SBU 3:- Paper stationary items manufactured for the export & Domestic markets.

NAVNEET EDUTAINMENT LTD.

Contact:- Navneet Bhavan, Bhavani shankar Road, Dadar (w) Mumbai – 400028 India. Tel No.: 91-22-30426566 Fax: 91-22-56626569 E-mail: [email protected]

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Navneet Publication

GENERAL INFORMATION

Name of the firm: - Navneet Publication

Purpose: - To be best books publisher

Top Export Award 2002 - 2003

Navneet has won the prestigious Top Export Award from CAPEXIL in the category of books, publications, printing industry and printed material. The Company has received the export Award for the 4th consecutive year from CAPEXIL.

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Special Export Award 2000 - 2001

Navneet has won the Prestigious Special Export Award for the year 2000-2001 from CAPEXIL (Formerly, Chemicals & Allied Products Export Promotion Council) Sponsored by Ministry of Commerce and Industry,Govt. of India in recognition of Outstanding Export Performance in respect of export of paper products in the year 2000-2001.

The Company had earlier received the Certificate of Merit on three occasions for such outstanding export performance in the past..

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Navneet Publication

D.B. Dhawle Award

D.B. Dhawle Award for best Children's Literature in Marathi.

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Navneet Publication

LOCATION

The location factor is one of the most important which has to be considered with the care because a location can decide the smooth running of business Navneet Publication Ltd. is located at Dantali where the basic infrastructure facilities like transportation, labours, electricity etc. were available.

Present Address of the plant:- Dantali Village, Behind Kasturinagar, Taluka & District Gandhinagar (Gujarat)

Reasons for selecting the location of these sides:-

Registered Office:- The Registered office of the company is located at Dadar(W), Mumbai. The main purpose for selecting this place was mainly that Dadar area is centrally located and also well known area and the functioning would be quite easy if things are handled from such an easily accessible area of the well known city Mumbai.

Location of factory place:-

The selection of the factory site at Dantali was mainly.

Advantages:-

In this particular location of factory the most important is that, the land is available at reasonable price. It is also located here because Dantali is the most closely connected with city area of Ahmedabad and because of city area connection the infrastructure are already available. Infrastructure facilities are like

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transportation, power supply, banking facility; easy accessibility etc. can be ripening. In addition, the easy availability raw material and component parts can be purchased easily supply by the local supplier only.

The company can get maximum subsidies from Government so taxes are not so high. This area the labours also will provide their skill. In Ahmedabad, there are many skilled and unskilled labours also available at lower rate. This plant reduced the cost of transportation and the Highway no. 8, passes near by the plant, which joins it with the major consumption, centers.

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Navneet Publication

ORGANISATION ASPECTS

Navneet Publication (India) Ltd.

BOARD OF DIRECTORS

Chairman: - Shivji K. Vikamsey

Managing Director: - Amarchand R. Gala

Joining Managing Director: -Jaisingh K. Sampat

Directors: - Dungarshi R. Gala Harakhchand R. Gala Shantilal R. Gala

Marketing Directors: - Jitendra L. Gala Ashok M. Gala Liladhar D. Shah R. Varadarajan Kamlesh S. Vikamsey

Company Secretary: - Manoj J. Thakkar Director: - Vijay Rai

Auditor: - Ghalla & Bhangali Face value of share: - Rs. 10 Market lot: - one Listing: - National Stock Exchange, Mumbai

Saurashtra Kutch Stock Exchange, Rajkot.

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Navneet Publication

Company Registrar: - In time Spectrum Registry Ltd. C-13, Pannalal Silk Mills Compound, LBS Road, Bhandup(W) Mumbai – 400078.

Navneet Publications (India) Ltd’s Banker:-

Bank of Nova Scotia Bank of India BNP Paribas ICICI Bank Ltd. UCO Bank

List of Trees, Animals & Birds

Name AvailableNeem Trees 1209Fruit Trees 93Others 371

Monkeys 26Peacock 110Parrot 45

Small Plants 1408Loan 26000 sq.ft

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MANAGEMENT TEAM

Production President: - Mr. Navin N. Shah

President (Projects):- Director (Chill-Book Publish):- Mr. Bipin A. Gala President of Publishing: - Mr. Anil D. Gala President of Finance: - Mr. Ganesh D. Gala

President of Marketing: - Mr. Raju H. Gala

President of International Business: - Mr. Dilip C. Sampat

Vice President of Stationary Division: - Mr. Shailendra J. Gala

Vice President of Stationary Division: - Mr. Kalpesh H. Gala

Vice President of Marketing: - Mr. Sandeep S. Gala

Vice President of Marketing: - Mr. Sanjeev J. Gala

Vice President of Information Technology: -Mr. Ketan B. Gala

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UTILITIES

Water:- The daily water requirement of the production is not by the supply of water made by the G.I.D.C. to the industrial users. The daily water used in Kavery River.

Electricity:- The electricity is procured via Gujarat Electricity Board.

Paper:- Navneet Publication got paper in Selvas factory.

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PRODUCTON

Navneet Publication is the industry, which makes educational books. For that, paper is the most important. They purchased papers which their remain raw material from Ballarpur Pater industry. In addition, inks are more imported and necessary material. Their sources of ink are as under:- Micro ink Lotus ink Hindustan Lever Ltd. Their main principle is that they never mixed ink and water

RAW MATERIALS

PRODUCT NAME QUANTITY VALUE

COST CRORES UNIT

PURCHASES 6 1.84OTHERS 6 6.72FREIGHT & OCTROI 6 0.92PAPER 41793939(KG) 133.87 32.01PAPER-PURCHASE 554769(KG) 1.57 28.3BOOKS & OTHER STA. 0.22ONARY ITEMS 0 0.22

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Manufacture Time & Capacity Time Period :-

Navneet is one of the leading industry in publication. Navneet manufactures its product for 10 months, October to June and in September they produce Apexits.

Manufacturing process of Navneet is run whole day, 24 hours in 3 session, each would be of 8 hours.

Capacity :- Navneet Publication 90% of production machines are exported from U.S.A. & Japan. So its capacity of production is very high.

Navneet manufactures :- 36,000 impressions per hour 300 tones per day 50,000 tones per year

Availability :-

Direct contacts with over 60,000 retail outlets and over 20,000 schools by field force of the company ensures availability of all products throughout the year.

Finished Products :-

product name Units% of sto. Sales crs.

Publications NA 57.3 144.88

Stationary NA 42.34 107.66

Others NA 0.36 0.91

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Production Process :-

Mainly there are two types of plant lay outs:- 1. Line Lay out 2. Process lay out

Navneet’s physical arrangement of the machines is as process lay out. Navneet Publication has a production unit is only at Dantali. Expert Dantali have not a single production in Gujarat. Now we see the production process of Navneet Publications papers basic raw materials of books, paper is just ‘Heart of the Book’ Navneet gets paper from NPL & Ballarpur Paper Mill. Everyday they use 100 tones paper. To make 1 kg. Paper 15 kgs water is used. Each role of paper is about 600 kgs.

1. Department :-

This is the first stage of production process what they want to produce first they prepare a butter print of pester and fixed on think pad. It is known as DP1CDOT per square inch. This DP1 is of two types:-

i) Positive plastic sheetii) Negative red color sheet

Four Pester is fixed on one sheet every sheet is printed on aluminum plate. In the positive plastic sheet is used for only for black & white printing and negative. Red color sheet is used for books front-page printing, color books and color page printing. They generally use only three color and one separate black color use. This colors are yellow, blue, and red for others colors, they mix each other. After two days pester is used. This is only one primary stage.

2. Plate Department :-

This is the second department of production. In this department they use pester which is prepare in first department. They print image pester sheet on aluminum plate. For these they use XPD85HD machine. Each aluminum is worth Rs.

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1,00,000. The cost of each plate is about Rs.400. For this department 100% coding is required. This department works 24 hours.

3. Printing Department :-

First reweaving the role of paper. Therefore, that dust is cut out. Then they arrange aluminum plate in the machine. In the machine, there is also blank plate on a upper side on aluminum plate. For printing, they use Harrish Graphics. The speed of this machine is 10,000 print per hour. Only in one, side print. The main principle of Navneet Publication is that they never mixed ink and water. First water is passed on the aluminum plate then ink is print on paper. If they print black & white paper, they can print both the sides together. For color printing print they have to print only one side. In the machine print out comes first on aluminum plate to black plate and then it is print on white paper for printing inside four color and outside one color they use E-Senate machine

4. Folding Cutting and clipping:-

After above process printed pages are automatically folding as they arrange in machine.

When folding is completed, cutting process is started. The bunch of folding print passed out & its cutting is already automatically done. For cutting process, they import machine from GERMANI. For cutting, they used program-99.

After finishing this process clipping is done also automatically.

NAVNEET PUBLICATION also used one another machine for printing. This is known as HARRISH WEB OFFSET machine. Its speed is 25000 prints per hour. In this machine printing, folding, cutting and binding done one by one automatic.

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5. Gum Binding Process:-

After finishing cutting and binding process further process is GUM BINDING process. For the process COLBUS MACHINE is used which is imported from GERMANI. It is speed per hour 9000 books. In 1982 its price is 2 crore and at present 22 crore. In this machine bundle of books, printed page are again cut but in side only and they forward by machine where gum is fixed by machine and front and last page fixed with this bundle. This is only one machine with it 3 inch and 7.5 c.m. Thick book is also gumming and cutting, too. This is best capacity.

6. Final Cutting: -

after gumming final cutting is last stage. In that part book is already 95% completed. After gumming process go to on moving belt they reach to final cutting machine. In this machine they arrange bleeds of machines as book size. In this machine, 10 books are cutt down automatically together. This is the machine, which is already available in INDIA. This machine does only side cutting of books and books becomes complete after this process.

Through this process NAVNEET PUBLICATION (INDIA) LTD. Produce their finished goods

7. Vacume Point:-

In the NAVNEET PUBLICATION at DANTALI also as a vacuum point for dust in underground which ever dust is together is come through large pipe in underground vacuum point where by a machine dust is pressed and make about 50 kg’s gasadi. This is stored in dust and sent them in the paper mill for reproduction of paper.

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Navneet Publication

For make a book NAVNEET PUBLICATION spend 90% cost of paper and in 10% all expenses are include.

8. Children Books:-

In the NAVNEET PUBLICATION is also manufactured. This book is in colour page. For this 5 colour machine is used. In this type of book they also do paper lamination. It is also cast coted because these is produced for children. There are expensive, too, of colour.

After all these process packing is done and they are store in VIKAS STORAGE which they considered as “TAJ MAHAL”.

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Navneet Publication

MARKETING MANAGEMENT

-: PRICING DECISIONS:-

NAVNEET PUBLICATION captured not only nation but international market of starch. It has a large field of market. One of the most important and critical areas in marketing management is the pricing of products decisions on pricing have considerable effect in marketing. A wrong pricing can nullify the effect of all right decisions relating to products physical distribution and promotion. Decisions relating to price reflect many things. How consumers perceive the product.

NAVNEET PUBLICATION Pvt.Ltd. manufacture of educational books product decides their price of different Books because of certain things such as how many buyers are there. What is the demand of their product in the market competitors’ price, cost of materials?

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ADVERTISING

Advertising is the important of Marketing advertising is the process of communicating persuasion information about a product to target market by means of the written and spoken word, and by visual materials.

Without advertising is not possible of the marketing. There are many types of advertising likes as economics times, website news, television news, radio and banner, etc. Running a business without advertising is just like looking at a girl in the dark you know what you are looking but she doesn’t know.

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Navneet Publication

PUBLIC RELATION

The NAVNEET PUBLICATION name conjures up fond memories across the length and breath of the country. Public relation usually comes under the heading publicity, which is concerned with the natural understanding between an organization and its public.

The consumer is the focus of all activities at navneet, Maximizing value to consumers and forging enduring customer relationships are the core endeavors at Navneet.

Our efforts are driven towards maximizing customers’ satisfaction and this is in synergy with our quality pledge. “Navneet products limited will strive to provide consistently nutrition’s and quality book products to meet consumers “Satisfaction by using quality. It is given as per the order placed ant the technical expertise been required for production and lastly the rate promotion since they think is in well-established brand in the industry so good public relationship is establishing in company.

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MARKET RESEARCH PROCESS

Defining the Problems and Research object

Developing the research Plan

Collecting the information

Analyzing the information

Presenting the research plan

Implementing the research plan

Inter Prettying and Reporting the Findings.

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DISTRIBUTION STRATEGY

The NAVNEET PUBLICATION is world number on selling. This Book is good and useful for the education. The company appointed so many distributors in foreign countries like USA, IZRAIL etc. Most the company’s products are exported to foreign buyers either directly in case of big orders of through distributors.

Distribution channels are in company to retailers. Company to distributors, distributor to agency provide agency to shopkeeper and provide shopkeeper to customers. The stockiest will be provided to retailer.

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PERSONAL SELLLING

However vivid the message put over by advertising there is no substituted for the final face-to-face meeting between the buyers and the seller or his representative advertising creates the interest and there desire but personal selling clinches the deal. There desire industrial markets personal selling plays an even more, extensive role, for the moment let us consider the basic sale process.

1) Establishment of customer contact

2) Making proposal for sale

3) Retaining the business

4) Creating a preference for product

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IMPORT-EXPORT MARKET

NAVNEET PUBLICATION is not only nation market but also international market of starch. It has a large field of marketing the international business also improves the financial conditions of the country.

The NAVNEET PUBLICATION products is not only sold in India but also in other countries USA, Even the more sophisticated markets like USA And IZRAIL, now relish navneet Products.

NAVNEET PUBLICATION and confectionaries are fast gaining acceptance in international market. NAVNEET PUBLICATION has also won the TOP EXPORT AWARD 2002-2003, THE SPECIAL EXPORT AWARD 2000-2001, D.B. DHAWLE AWARD. We have begun spreading our wings and are going global.

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PERSONNEL INFORMATION

PERSONNEL & TRAINING MANEGEMENT

The over all responsibility of manufacturing are interested to vice president who is supported by different functional health leaking after oral solids, quality control production planning and control and utilities. Personal department is the main part of the each company without the person company can do nothing and cannot earn profit.

1) NUMBER OF EMPLOYEES:-

As the company employees are the main, part of the company of how many number of they are in the factory is very important Navneet’s total employees are 240 which permanents. The company provides them good atmosphere and salary.

The company has good relationship with his employees. It provides them insurance also; company tries to give them basic facility. Every employee gets uniform from the company. Aim to increase employee’s salary. 240 people working in that department most of them are classifies in three different groups, supervisors, engineers, workers.

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Navneet Publication

SOURCES OF RECRUITMENT

NAVNEET PUBLICATION Pvt. Ltd. Branch of Ahmedabad is located in DANTALI is a industrial area and near the Ahmedabad city. Therefore, the employees or engineers needed are easily available. To recruit new employees they give advertisement in Parle related newspapers and finally they get best employees to work every member of employees comes to the Ahmedabad city area.

NAVNEET PUBLICATION staff members and workers are provide clean aprons caps, uniforms and foot wears. The company gives good salary to their employees and maintain good relation with them, separate growing rooms are providing before entry in to the plant.

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TRAINING OF NEW WORKERS

For the purpose of basic training. The bulk desperation is given before the assignment of the job. The key personnel are sponsored for training schedule by out side institution. Agencies for training necessary follow up are taken form. The training so as given the benefits tot other effective working in the same factory

When there is new, employees come to the company. Therefore, employees provide three days compulsory training. Then personal concerned are kept under the constant supervision and guidance subject to examination from time. They have full facility training room at Naroda and they give classroom training and practical training to them.

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EMPLOYEES BENEFITS & SERVICES

A qualified person is appointed to visit the factory daily. Every different and indirect employee is subjected to techniques. The medical report shall cover various aspects via, eye sight, blood pressure, physical fitness etc.

The personnel is where respect the medical exemption reports not found satisfactory i.e. The physical fitness of the personnel is not as per the required standard are to be duet with by affecting necessary trades or other wise as deemed fit in to the context at the circumstances.

The company provides them good atmosphere and salary. Every employees get uniform form the company. Aim to A increase employee’s salary.

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Navneet Publication

FINANCIAL MANAGEMENT

What is Finance?

The finance management is the dynamic and important function of the company financial management is one of the managerial activities of planning and controlling the firms’ resources. We can also called capital as a “Blood”. Therefore, it must be systematically maintained. Planning is the one of the most important activities of the financial manager. It makes possible for the financial manager to obtain.

Reserves and surplus : -

Cash is the most important current assets for the operating of the business run on a continuous basis for the smooth running of the company. There should be sufficient cash neither more is cr. Shortage will intercept the firm manufacturing operations while exclusive cash supply remain idle. Therefore, the cash and bank balance of the company are maintained at optimum level for this they can use the system of investment in reserves also.

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Navneet Publication

Navneet Publications (India) Ltd Profit & Loss A/c Rs. Cr 

 Year Mar 04  Mar 03(18)  Sep 01  Sep 00  Sep 99 

    Sales Turnover 252.85  323.45  217.35  174.82  141.31 

    Other Income 8.50  5.66  4.23  4.58  4.22 

    Stock Adjustments 14.23  42.17  1.13  1.24  4.04 

    Total Income 275.58  371.28  222.71  180.64  149.57 

    Raw Materials 145.05  209.85  112.88  87.77  76.40 

    Excise Duty 0.00  0.00  0.00  0.00  0.00 

    Power & Fuel Cost 1.30  1.93  1.09  0.87  0.68 

    Other Manufacturing Expenses

14.81  21.66  13.78  12.84  11.81 

    Employee Cost 16.31  17.78  8.30  7.06  5.75 

    Selling and Administration Expenses

32.81  47.07  29.02  24.57  18.91 

    Miscellaneous Expenses

2.35  3.44  2.44  1.29  0.19 

    Less: Preoperative Expenditure Capitalized

0.00  0.00  0.00  0.00  0.00 

    Profit before Interest, Depreciation & Tax

62.95  69.55  55.20  46.24  35.83 

    Interest & Financial Charges

2.12  4.94  3.53  2.57  0.75 

    Profit before Depreciation & Tax

60.83  64.61  51.67  43.67  35.08 

    Depreciation 8.93  11.44  5.19  4.41  4.03 

    Profit Before Tax 51.90  53.17  46.48  39.26  31.05 

    Tax 16.73  16.24  14.26  11.10 

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7.30 

    Profit After Tax 35.17  36.93  32.22  28.16  23.75 

    Adjustment below Net Profit

-0.02  0.48  -3.04  -0.10  0.00 

    P & L Balance brought forward

70.35  60.60  48.97  36.17  27.98 

    Appropriations 26.14  27.66  17.55  15.26  15.56 

    P & L Bal. carried down

79.36  70.35  60.60  48.97  36.17 

    Equity Dividend 14.29  16.20  10.48  7.82  9.62 

    Preference Dividend

0.00  0.00  0.00  0.00  0.00 

    Corporate Dividend Tax

1.85  1.46  1.07  1.72  1.06 

    Equity Dividend (%)

75.00  56.67  55.00  41.00  101.00 

    Earning Per Share (Rs.)

17.48  12.41  16.34  13.87  23.81 

    Book Value 83.12  73.14  62.78  53.54  87.63 

    Extraordinary Items -0.06  0.04  0.00  0.01  0.05 

BALANCE SHEET

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Rs. In crores.

 Year Mar 04  Mar 03  Sep 01  Sep 00  Sep 99 

    Share Capital 19.06  19.06  19.06  19.06  9.53 

    Reserves & Surplus 139.36  120.35  100.60  82.98  73.98 

    Total Shareholders Funds

158.42  139.41  119.66  102.04  83.51 

    Secured Loans 12.82  43.74  0.39  0.77  1.29 

    Unsecured Loans 65.33  26.66  0.00  0.00  0.00 

    Total Debt 78.15  70.40  0.39  0.77  1.29 

 Total Liabilities 236.57  209.81  120.05  102.81  84.80 

    Gross Block 119.11  109.09  71.95  60.62  53.42 

    Less: Accum. Depreciation

51.42  43.23  32.68  27.76  23.67 

    Net Block 67.69  65.86  39.27  32.86  29.75 

    Capital Work in Progress

0.12  2.55  5.57  5.37  2.83 

    Investments 27.85  13.00  12.54  2.52  0.00 

    Inventories 106.60  90.15  36.97  35.81  25.91 

    Sundry Debtors 43.99  51.85  36.74  27.61  22.59 

    Cash and Bank Balance 3.23  1.88  3.56  2.62  1.66 

    Loans and Advances 12.45  17.32  18.11  22.03  20.14 

    Current Liabilities 19.47  19.63  14.86  10.83  7.03 

    Provisions 5.89  13.18  17.89  15.30  11.28 

    Net Current Assets 140.91  128.39  62.63  61.94  51.99 

    Miscellaneous Expenses not w/o

0.00  0.01  0.04  0.12  0.23 

 Total Assets 236.57  209.81  120.05  102.81  84.80 

    Contingent Liabilities 3.35  7.88  6.65  10.92  6.42 

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Navneet Publications (India) Ltd Financial Ratios Rs. Crs.

 YearMar 04 

Mar 03 

Sep 01 

Sep 00 

Sep 99 

 Debt-Equity Ratio 0.50  0.27  0.01  0.01  0.04 

 Long Term Debt-Equity Ratio

0.31  0.10  0.01  0.01  0.04 

 Current Ratio 2.85  2.33  3.12  3.56  3.96 

 TURNOVER RATIOS 2.22  2.38  3.28  3.07  2.74 

    Inventory 2.57  3.39  5.97  5.66  6.57 

    Debtors 5.28  4.87  6.76  6.96  6.27 

    Interest Cover Ratio 25.48  11.76  14.17  16.28  42.40 

 Operating Profit Margin(%) 24.90  21.50  25.40  26.45  25.36 

 Profit Before Interest And Tax Margin(%)

21.36  17.97  23.01  23.93  22.50 

 Cash Profit Margin(%) 17.44  14.95  17.21  18.63  19.66 

 Adjusted Net Profit Margin(%)

13.91  11.42  14.82  16.11  16.81 

 Return On Capital Employed(%)

24.20  23.49  44.91  44.68  39.94 

 Return On Net Worth(%) 23.62  19.01  29.07  30.35  30.85 

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CONCLUSION

AT THE END OF THE REPORT I WOULD CONCLUDE THAT NAVNEET PUBLICATION PVT. LTD IS AN EFFICIENT AND EFFECTIVE ORGANIZATION AND IS A LEADING UNIT IN THE PUBLISHING BUSINESS

NAVNEET PUBLICATION PVT.LTD IS A PROFIT MAKING COMPANY. THEY PREPARE PRODUCT OF GOOD QUALITY FOR THE CONSUMERS AT A REASONABLE PRICE AND CONSUMERS LIKE THEIR PRODUCT VERY MUCH. IN INDIA NAVNEET PUBLICATION IS AT FIRST POSITION. FROM THIS INDUSTRIAL VISIT REPORT, I CONCLUDE THAT NAVNEET PUBLICATION IS THE BEST COMPANY AMONG PUBLISHING MANUFACTURERS.

SO AT LAST, I WISH THAT COMPANY HAD A BRIGHT FUTURE IN YEARS TO COME.

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Bibliography

Books: Principal of Management - L.M. Prasad

Web: www.navneetpublication.com

Friends: Priyesh Patel (T.Y.B.B.A) Chirag Patel (T.Y.B.B.A)

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