2. MANAGEMENT
• Management
• Mr. B. Vijayakumar-Chairman Cum Managing Director
• Mr. P.Prabakaran-Deputy Managing Director
• Board of Directors:
• 1. Mr. B. Vijayakumar
• 2. Mr. P.Prabakaran
• 3. Mr. P.Balasubramanian
• 4. Mr. S.Sivakumar
• 5. Mr. V.Govindarajulu
• 6. Mr. P.Shanmugasundaram
• 7. Smt. Rajsri Vijayakumar
• 8 . Mr. R.Vidhya Shankar
• 9. Dr.T.Balaji Naidu
• 10. Mr.v.Rajvirdhan
• General Manager and Company Secretary
• Mr. M.Lakshmi Kanth Joshi
• Key ExecutivesMr. P. Prabakaran Deputy Managing
• Mr. N. Rengaraj Chief Financial Officer
3. Company Overview:-
• The automobile industry largely comprises two wheeler, three wheeler and four
wheeler vehicles. Four wheelers may be further segmented into passenger cars,
utility vehicles (UV), commercial vehicles (CV) and tractors.
• The manufacturers of these vehicles are often referred to Original Equipment
(Vehicle) Manufacturers (OEM). The OEMs are responsible for providing the final
shape to vehicles and making it viable for use. Initially, the OEMs manufactured
vehicles from scratch i.e. including the components that are assembled to form a
vehicle.
• Over the years, the same model proved uneconomical for OEMs and hence the
manufacturing of auto components was outsourced by them to companies that
focused purely on manufacturing of automotive components.
• Since then, the performance of auto components industry has been directly
related to the OEMs preferences and sourcing patterns. Today, the auto
components industry is segmented into Drive Transmission and steering parts,
Engine parts, Suspension and braking parts, Equipment, Electrical Parts, Chassis
and other interior / exterior components.
4. OBJECTIVES
• The following are the objectives-
• To study the financial position of the company
• To apply marginal costing concept on companies
financial data.
• To analyze the company’s financial position
before recession and after recession
• To find out the magnitude of relationship
between sales and profit, variable cost and profit,
and, total cost and profit.
5. Research Methodology
• Since source of primary data directly relevant was scare. It was decided
that the analysis had to be secondary data analysis, collected directly
from the Internet, News Paper, & Magazine. This is an exploratory
research.
• SAMPLE COMPANY: LG Balakrishnan & Brothers
• SAMPLE SIZE: 10 years cost sheet statement of the company.
• DATA COLLECTION: Data is collected from secondary sources like
capitaline database, Internet, Newspaper, & Magazine.
• SOFTWARE USED: Microsoft Excel, MS word.
• ANALYSIS: The analysis is been done through table and Line Chart.
23. SALES PROFIT
229.75 2.07
270.6 2.66
368.92 -5.86
416.13 -10.4
475.58 -28.19
549.87 -19.67
507.6 -32.85
552.38 -14.73
709.52 -14.55
905.13 -25.17
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.651432366
R Square 0.424364128
Adjusted R Square 0.352409644
Standard Error 9.76411723
Observations 10
ANOVA
df SS MS F Significance F
Regression 1 562.2724077 562.2724 5.897675 0.041297946
Residual 8 762.7038823 95.33799
Total 9 1324.97629
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 4.931538092 8.641464765 0.570683 0.583884 -14.99571537 24.85879156 -14.99571537 24.85879156
X Variable 1 -0.03931525 0.016189022 -2.42851 0.041298 -0.076647199 -0.001983296 -0.076647199 -0.001983296
24. PROFIT PV ratio
2.07 0.092317737
2.66 0.096858832
-5.86 0.07310528
-10.4 0.072885877
-28.19 0.038016737
-19.67 0.066270209
-32.85 0.051241135
-14.73 0.099098447
-14.55 0.070019168
-25.17 0.055848331
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.826696881
R Square 0.683427733
Adjusted R Square 0.6438562
Standard Error 0.012015927
Observations 10
ANOVA
df SS MS F Significance F
Regression 1 0.002493585 0.002494 17.27069 0.003183506
Residual 8 0.00115506 0.000144
Total 9 0.003648645
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 0.09168991 0.006155188 14.89636 4.07E-07 0.077496021 0.105883799 0.077496021 0.105883799
X Variable 1 0.001371855 0.000330106 4.155802 0.003184 0.000610629 0.00213308 0.000610629 0.00213308
25. CONCLUSION
Finally after the study we have found that during
2001 to 2010 there are some fluctuations present
in the net sales, variable cost, profit, and so on due
to some economic, social, legal and environmental
factors. Overall we can say that profit has changed
during the period due to sales , change in variable
cost. It shows that profit of company based on the
sales etc.
