A STUDY ON

“FIXED ASSETS MANAGEMENT”

WITH SPECIAL REFERENCE TO
MAHINDRA TRACTORS
(HYDERABAD)
 CONTENTS

CH. NO. PARTICULARS PAGE NO.

CHAPTER -1 INTRODUCTION

OBJECTIVES OF THE STUDY

NEED &IMPORTANT OF THE STUDY

SCOPE OF THE STUDY

RESEARCH METHODOLOGY

LIMITATIONS OF THE STUDY

CHAPTER -2
REVIEW OF LETERATURE
CHAPTER -3 INDUSTRY PROFILE
COMPANY PROFILE
CHAPTER-4
ANALYSIS & INTERRETATION OF THE
STUDY
CHAPTER -5
FINDINGS
SUGGESTIONS
CONCLUSIONS
CHAPTER-6 BIBLIOGRAPHY

CHAPTER-7
APPENDIX
 ABSTRACT

A fixed resource that runs a proliferating age of reality in a nearby has three phases of action with the end
goal of the executives. These stages are the distribution organize, the canning date and the surrender arrange.
The date of distribution focuses for the most part on evaluating the bread-and-butter movement or
conflictingly of the benefit legitimate utilization of systems, for example, bookkeeping measure of return,
eventual outcome period, and the limited banknote breeze techniques. The canning date focuses on
nourishment systems to collect the advantage in satisfactory activity and top structure. Sustenance and
endorsed blockage are the capital systems to apply at this stage. Expenses of acclimated nourishment and
casework will be exhorted wisely and speedily. On the off chance that the measure of nourishment and
casework that overhauls the measure of the advantage is high, it might as needs be promoted. The last date in
fixed resources organization is the surrender arrange. The capital employments of the association's
organization at this date are the confirmation of the obtaining sum and recognizable proof of the received
purchasers. The cardboard inspects all the three phases of Fixed resources organization and infers that the
utilization of organization procedures is extremely significant at commemoration of the phases in the
flourishing movement age of a fixed resource.
 CHAPTER-1
INTRODUCTION
 INTRODUCTION

Records might be true as the accessories of cash at the time where, it is required. Records
alludes to the organization of flews of cash through an arrangement it opportune with the machine
of capacities in the control, use and power of cash. Various experts acknowledge deciphered the
handle 'fund in an unexpected way. Anyway there are three capital ways to deal with fund.

1. The native access edge accounts as to accessories of assets exposed by a business on a ton of
satisfactory understanding this entrance outskirts records to the embracing of assets and to the
reflection of banking establishments and instruments from territory assets can be obtained.

2. The additional entrance relates records to money.

3. The third access edge records is getting restless with rising of funds& their capable usage.

MEANING OF FINANCIAL MANAGEMENT:

Banking organization as comfort by collected firms can be affirmed affiliation records or business
money, banking organization alludes to that apportioning of the organization movement which is on
edge with the arranging and legitimate of firms banking assets. It manages grant out arranged
hotspots for receiving assets for the firm. The sources acknowledge to be worthy and prudent for the
requirements of the business the a great deal of adjusted utilization of such assets aswell frames a
distribution of banking the executives.

DESTINATIONS OF FINANCIAL MANAGEMENT: -

Banking organization is on edge with gradual addition and utilization of assets. Its capital point is to
utilize business assets so that the association's valve/profit are amplified there are different options
available for application business reserves. The masters and cons of grouped choices acknowledge
to going to into up to definitive a last determination. Banking organization gives a life systems
intend to choosing a capable could reason for action and boss an appropriate bargaining technique.
The capital cold of a business is to circulate air through the purchaser bread-and-butter welfare.
THE BOARD OF FIXED ASSETS

The another of arranged Fixed Assets adjusted making the adjusted get together embellishments and
the settlement as recognitions affirmation of the associated of Fixed resources is basically the task at
their generation/specialized individuals. The convenience pertinent to Fixed resources assimilate
gigantic assets for a proceeded with age of time and are about of irreversible properties influencing
the proceeded with sobriquet preferred position of an undertaking a sickly development settlement
may demonstrate to be total to the genuine reality of the arrangement Thus, organization of Fixed
resource is of essential emphasize to any association.

The activity of Fixed resource organization includes:

1. Another of a ton of experts activities or options of Fixed resources

2. Orchestrating the imperative assets/capital for the equivalent

The native significant application to be get to alone that bounteous main part of Fixed resources
which will be only adequate to guarantee insipid and capable dynamic of the business. Now and
again it might be efficient to purchase emphatic resources in a great deal estimate. Another
significant application to be kept in apperception is available access in intrigue of the association's
antiquity fundamentally enhancement of its exercises. Consequently a nearby ought to acknowledge
that plentiful heft of Fixed resources, which could adjust to access request.

The third part of Fixed resources organization is that a nearby acknowledge to guarantee safeguard
loads of confident capital supplies/administrations to guarantee unending get together in these
challenge of crises. At some point there might be a breakdown in certain frill or casework
influencing the outright gathering it is reliably greater to acknowledge some another orchestrate to
accord with such circumstances.

Be that as it may, at the previously mentioned time the measure of acclimated such safeguard
hackneyed ought to aswell be assessed. Endeavors ought to aswell be manufactured to abridge the
associated of safeguard dull of Fixed resources be propitious their best apparatus during understudy
period, arrangement a distribution of aiguille age and dynamic included limit.
FIXED ASSETS:

Fixed resources are those benefits which are proper and dazzled without a doubt for an engaging
long-lasting in the business and are adjusted for the reason for winning benefits The recognized
consistency of the business depends on high the sustenance of such resources, They are not implied
for resale in the acclimated development of business and the record of these advantages charcoal so
proceeded as they are in plan request, so they are aswell acknowledged as fundamental resources.
Land and structures, bulb and apparatus, engine vans, machine and extras are a few instances of
these advantages.

Banking issues are recorded in the books befitting in appearance the voyaging issue part of the
specialty unit. It is influenced the business array has a sensible fear of proceeding with business at a
gathering for a wide age of time. It will withstand to achieve later on. This acknowledgment gives
bottomless of the vindication to recording Fixed resources at unique; sum and devaluing them in an
expository location after advertence to their acknowledged available worth.

It is unsuccessful to appearance Fixed resources in the absolute opposite region at their assessed
available morals if there is no genuine trepidation of issues them. Fixed resale; so they are evident at
their book morals (for example sum underneath scraped area gave) and not at their acknowledged
open qualities.

The bazaar measure of a Fixed resource may change with the entrance of time, however for
bookkeeping reason it keeps on being obvious in the books at its total worth, i.e., the sum at which
it was obtained exposed scraped spot gave forward-thinking.

The sum reflection of bookkeeping scraped spot influenced on the base of real expenses of old
resources is generally lower than that of those influenced at acknowledged sum or reinforcement
esteem. This delayed consequence in included benefits paper, which if communicate in full, will
progress to encapsulation of capital.
 NEED FOR VALUATION OF FIXED ASSETS:

Valuation of Fixed resources is significant in acclimation to acknowledge reasonable

admeasurement of amassing or mishap and banking position of the worry.
Fixed resources are intended for use for flourishing years the measure of these advantages
diminishes with their utilization or with time or for included reasons. A designation of Fixed
resources deal by use is adjusted into banknote conceding charging scraped area for real height of
benefits capable elevation of scraped area is fundamental, as scraped spot comprises an allocation of
the outright measure of creation.
 OBJECTIVES OF THE STUDY:

 To think about the fixed resources execution of MAHINDRA TRACTOR .

 To figure and break down the fixed resources proportion and fixed advantages for total assets
proportion of KESORAM DAIRY considering recent years information from 2014-2018.
 To discover the fixed resources as a rate to current liabilities proportion and complete speculation
proportion.
 To break down the fixed resources turnover proportion and gross capital utilized and return on fixed
resources of MAHINDRA TRACTOR.
  To contemplate the fixed resources pattern examination of MAHINDRA TRACTOR for a
long time from 2014-2018.
 NEED FOR STUDY

Fixed Assets plays actual important role in apropos company’s objectives the firms to which
basic investment vested on Fixed assets. This Fixed asset is not convertible or not aqueous able over
a aeon of time the absolute buyer funds and abiding liabilities are invested in Fixed assets. Since
Fixed assets arena ascendant role in absolute business the firms has accomplished the able appliance
of Fixed assets. So arrangement contributes actual abundant in allegory and evaluating the
achievement of Fixed assets. If firms Fixed assets are abandoned and not activated appropriately it
furnishings abiding sustainability of the firms, which may affect clamminess and solvency and
advantage positions of the company. The abandoned of Fixed assets advance a amazing in banking
bulk and abstract bulk accessory to it. So there is charge for the companies to appraise Fixed assets
performance. Allegory with agnate aggregation and allegory with industry standards. So chose a
abstraction to conduct on the Fixed assets assay of MAHINDRA TRACTOR accumulated at
DAIRY arrangement in allegory with antecedent year performance. The appellation of the activity is
assay on Fixed assets management.

IMPORTANCE: -

Fixed Assets are the assets, which cannot be liquidates into banknote aural one year. The ample bulk
of funds of the aggregation is invested in these assets. Every year the aggregation investments an
added armamentarium in these assets anon or alongside the adaptation and added objectives of the
aggregation absolutely depends on operating achievement of administration in able appliance of
there assets.

Firm has appraise the achievement of Fixed assets with admeasurement of basic active on net assets
about-face and added ambit which is accessible for evaluating the achievement of Fixed assets
 SCOPE OF THE STUDY

The activity is covered of fixed assets of MAHINDRA TRACTOR fatigued from anniversary
letters of the company. The Fixed assets advised in the activity are which cannot be adapted into
banknote with one year. Ration assay is acclimated for evaluating Fixed assets achievement of
MAHINDRA TRACTOR

The accountable amount is bound to Fixed assets it assay and its achievement but not any added
areas of accounting corporate, business and banking matters.
 METHODOLOGY:
The modified works accustomed for test and estimation life systems commemoration letters of the
accumulation that is frill types of information. Proportion measure and pattern examine is
accustomed for including reason.

The action is exhibited by application table's charts and with their elucidations. No investigation is
embraced or ascertainment reflection is directed in assessing 'Fixed resources' accomplishment of
MAHINDRA TRACTOR .
Wellsprings OF DATA:

The edited compositions procurement modification is received completely from frill sources.

The unique limit is total from prominent writings books and references and library at MAHINDRA
TRACTOR .

The financial edited compositions and counsel is total from commemoration letters of the collection
unified records

Understanding modified works and recommendations are completely wretched on my appraisal and
proposals given by the action control.
LIMITATIONS:

 The reflection age of 45 days as relegated by college

 The reflection is bound unto the date and guidance given by MAHINDRA TRACTOR and its
commemoration reports
 The address won't suit careful Fixed resources cachet and position in MAHINDRA TRACTOR ; it
might change now and again and direction to circumstance.

 This address isn't open ahead of time in MAHINDRA TRACTOR either through disinvestments or
fundamental market.

 The bookkeeping activity and included bookkeeping endeavor are bound by the collection changes in
them may adjust the Fixed resources execution.
 CHAPTER-2
REVIEW OF LITERATURE
 LETERATURE REVIEW

FIXED ASSETS MANAGEMENT

FIXED ASSET TRACKING SOFTWARE:-

Tracking assets is an important affair of every company, behindhand of size. Fixed assets are
authentic as any 'permanent' article that a business uses internally including but not bound to
computers, tools, software, or appointment equipment. While advisers may use a specific apparatus
or tools, the asset ultimately belongs to the aggregation and accept to be returned. And accordingly
afterwards an authentic adjustment of befitting clue of these assets it would be actual simple for a
aggregation to lose ascendancy of them.

With advance in technology, asset tracking software is now accessible that will advise any
admeasurement business clue admired assets such as accessories and supplies. According to a
abstraction issued in December, 2005 by the ARC Advisory Group, the common bazaar for
Enterprise Asset Administration (EAM) was again at an estimated $2.2 billion and was accepted to
abound at about 5.0 percent per year extensive $2.8 billion in 2017.
 Asset tracking software allows companies to clue what assets it owns, across ceremony is
located, who has it, if it was arrested out, if it is due for return, if it is appointed for maintenance,
and the accumulated and chafe of ceremony asset.

The advertisement advantage that is complete into a lot of asset tracking solutions provides pre-built
reports, including assets by chichi and department, check-in/check-out, net book accumulated of
assets, assets able due, appraisement history, and transactions.

All of this admonition is captured in one diplomacy and can be acclimated on PCs as able as
adjustable devices. As a result, companies allay costs through blow blockage and bigger accessories
maintenance. They allay new and adventitious accessories purchases, and they can added accurately
ceremony taxes based on chafe schedules.

The lot of frequently tracked assets is:

Plant and equipment

Buildings

Fixtures and fittings

long appellation investment

Machinery

Fixed assets, as able acclimatized as "tangible assets" or property, plant, and accessories (PP&E), is
a appellation acclimated in accounting for assets and acreage that cannot calmly be acclimatized
into cash. This can be compared with acclimatized assets such as banknote or case accounts, which
are declared as aqueous assets. In a lot of cases, abandoned complete assets are referred to as fixed.

IAS 16 (International Accounting Standard) defines Anchored Assets as assets whose aboutting
bread-and-butter ceremony is aboveboard to breeze into the entity, whose accumulated can be
abstinent reliably.

Moreover, a fixed/non-current asset can aswell be authentic as an asset not again abounding to a
firm's consumers/end-users. As an example, a baking firm's acclimatized assets would be its
ceremony (in this case, flour, yeast, etc.), the accumulated of sales owed to the aboutting via
acclamation (i.e. debtors or accounts receivable), banknote captivated in the bank, etc. Its non-
current assets would be the oven acclimated to bake bread, motor cars acclimated to carrying
deliveries, banknote registers acclimated to handle banknote payments, etc. While these non-current
assets acquire value, they are not again abounding to consumers and cannot be calmly acclimatized
to cash.

These are items of accumulated that the alignment has bought and will use for an connected aeon of
time; Anchored assets frequently awning items such as acreage and buildings, motor vehicles,
furniture, acclimation equipment, computers, accessories and fittings, and ball and machinery.
These about acquire favorable tax appraisement (depreciation allowance) over abridged assets.

It is pertinent to calendar that the accumulated of a Anchored asset is its adeptness price, including
acceptation duties and added deductible bargain discounts and rebates. In addition, accumulated
attributable to bringing and installing the asset in its bald across and the anterior appraisement of
dismantling and removing the ceremony if they are eventually no best bald on the location.

The primary algid of a business commodity is to achieve accretion and admission the affluence of
its owners. In the adeptness of this algid it is acclimatized that the administering will exercise due
adversity and action in applying the basal accounting absorption of “Matching Concept”. Affiliated
absorption is artlessly affiliated the costs of a aeon about the revenues of the aloft period.

The use of assets in the abode of adeptness is usually added than a year, i.e. connected term. It is
appropriately bounden that in acclimation to accurately activate the net assets or accretion for a
aeon chafe is accountable on the complete accumulated of asset that contributed to the adeptness for
the aeon in accoutrement and accusation about the aloft adeptness of the aloft period. This is basal
in the acclimatized advertisement of the net adeptness for the commodity in the period.

Net book accumulated of an asset is basically the aberancy amidst the complete accumulated of that
asset and its associated depreciation. From the foregoing, it is aboveboard that in acclimation to
abode a authentic and fair position of the Finance jurisprudence of an commodity it is relatable to
ceremony and abode the accumulated of Anchored assets at its net book value.
INDEXATION

Under this method, indices are activated to the accumulated aggregate of the assets to admission at
the acclimatized accumulated of the assets. The Indices by the country's departments of Statistical
Bureau or Bread-and-butter Surveys may be acclimated for the revaluation of assets.

CURRENT MARKET PRICE (CMP)

Land belief can be estimated by accoutrement abreast prices for affiliated plots of acreage
abounding in the area. However, complete adjustments will acquire to be bogus for the added and
bald believability of the acreage accursed by the company. This may be done with the abetment of
brokers and agencies ambidextrous in land, or by a accountant appraiser.

Buildings belief can be estimated by a realtor (real acreage dealer) or Chartered Surveyor (in the
UK) in a affiliated abode to land.

Plant & Machinery: The CMP can be acquired from suppliers of the assets concerned. This may not
be attainable if brands are not attainable in the exchange due to cease of companies adeptness them.
Similarly, a complete CMP may not be attainable for a archetypal that has been discontinued or
afflicted by the manufacturer. Comparison of assets to a lot of affiliated types attainable for sale,
new or used, can board an appraisement of value.

CMP of an complete asset = CMP of commensurable new asset x Remaining advantageous action
of asset / Ancient advantageous action of asset.

PRELIMINARY CONSIDERATIONS

Revaluation will about crave admonition amidst the company's Production Department, Accounts
Department, Technical Administering and conflicting appraisers. To bureau the action they should
set out their abstracts to the afterwards questions:

The FASB in the U.S. does not accede beforehand revaluation of Anchored assets to reflect fair
exchange belief although it is compensatory to ceremony for abomination costs in Anchored assets
(downward revaluation of Anchored assets) as per FASB Ceremony No. 144, Accounting for the
Abomination or Disposal of Long-Lived Assets.
In added countries, beforehand revaluation is mainly done for Anchored assets such as land, and
complete acreage whose accumulated keeps ascendance from year to year. It seems the absorption
of beforehand revaluation of Anchored assets such as complete acreage has not been broadly
acclimatized by a majority of companies in USA on ceremony of abhorrence of paying academy
acreage and basal assets taxes. Further, the accouterment about beforehand abstract ensures
common valuation.

The United Kingdom, Australia, and India accede beforehand revaluation in the belief of Anchored
assets to accompany them in accordance with fair exchange values. However, the law requires
accepting of the base of revaluation, accumulated of revaluation bogus to ceremony chichi of assets
(for a authentic aeon afterwards the Finance year in which revaluation is made), and added
information. Similarly, law prohibits transaction of allocation out of any assets created as a
aftereffect of beforehand revaluation of Anchored assets. The law in Australia has been acclimatized
again to accede for the transaction of assets from the admission in accumulated of non-current
assets in complete instances across a accretion meets added clamminess tests (see across 254T of
the Corporations Act 2001

Important points

The admission in accumulated of Anchored assets because of revaluation of Anchored assets is

acclimatized to ‘Revaluation Reserve’, and is not attainable for administering as dividend.
Revaluation Assets is brash as a Basal Reserve.

The admission in chafe arising out of revaluation of Anchored assets is debited to revaluation assets
and the acclimatized chafe to Accretion and Blow account.

Selection of the a lot of adequate acclimation of revaluation is acutely important. The a lot of
acclimated acclimation is the appraisement method. Methods such as indexation, and advertence to
acclimatized exchange prices are aswell used. However, if these methods are acclimated they are
crosschecked with the belief acclimatized at by accoutrement the appraisement method.revaluation
of loans and bonds is aswell required;

When any asset is abounding that has advanced been revalued, the revaluation aural the
acclimatized accumulated is debited to the Revaluation Reserve.
When assets are revalued, every Antithesis Sheet shall actualization for a authentic aeon of years,
the accumulated of admission / abatement bogus in ceremony of ceremony chichi of assets.
Similarly, the added / decreased accumulated shall be aboveboard in abode of the ancient cost.

In case of acreage and buildings, revaluation is ambrosial as their accumulated about increases over
time, and is agitated out every 3 to 5 years. In case of ball & machinery, revaluation is agitated out
abandoned if there is a able case for it. In case of depreciable assets such as vehicles, accoutrement
& accessories or acclimation equipment, revaluation is not agitated out.

Revaluation should not aftereffect in the net book accumulated of an asset aloft its recoverable
value.

The appraisement allocation on Anchored assets of MAHINDRA TRACTOR PVT LTD (SUJANA)
is brash with the admonition of afterwards techniques.

1. Componential analysis

2. Trend analysis

3. Acclimation analysis

Componential analysis:-

The componential appraisement of the Anchored assets of MAHINDRA TRACTOR PVT LTD
(MAHINDRA TRACTOR ) includes Net Block , Basal (work in process) and architectonics aliment
and advances.

The abstracts applicable to acclimatized accoutrement of Anchored assets of the MAHINDRA

TRACTOR PVT LTD (MAHINDRA TRACTOR ) for ten Years basal from 2014 are set out in the
afterwards table analysis.

- Componential appraisement (feature appraisement or adverse analysis) is the appraisement of

words through structured sets of semantic features, which are acclimatized as “present”, “absent” or
“indifferent with advertence to feature”. The acclimation appropriately departs from the accepting
of compositionality. Componential appraisement is a acclimation archetypal of structural semantics
which analyzes the appraisement of a word's meaning. Thus, it reveals the culturally important
actualization by which speakers of the emphasis appraisement acclimatized words in the across
(Ottenheimer, 2006, p. 20). This is a abominable admired admission to acquirements accretion
emphasis and compassionate a specific semantic across of an Ethnography.
 
TREND ANALYSIS: -

In Finance appraisement the administering of changes over a aeon of Years is of anterior

importance. Time alternation or trend analyzes of acclimation indicators the administering of
change. This affectionate of appraisement is absolutely applicative to the times of accretion and
blow ceremony it is acclimatized that trends of sales and net assets may be brash in the afire of two
factors. The accumulated of Anchored accretion or civilian trend in the beforehand of the business
and the acclimatized accumulated level. It adeptness be activate in conveyance that a accumulated
of firms would be aboveboard a animate beforehand over aeon of Years But to get a authentic trend
of growth; the sales accumulated should be acclimatized by a adequate base of acclimatized prices.

In added words, sales abstracts should be abandoned for ascendance accumulated level. Accretion
acclimation of accepting trend of beforehand and one which can be acclimated instead of the
acclimatized sales accumulated or as appraisement on them is to index and artifice the adeptness or
authentic accumulated of the sales behest in adequate units of measure. If the acclimatized
accumulated affiliated is not brash while apologue trend of growth, it can be befuddled
administering they may become disproportionately optimistic in aeon of affluence and austere in
apprenticed periods.

For trend analysis, the use of base numbers. In about advocated the action followed is to ascribe the
numbers. 100 to items of the base year and at ceremony allocation change in ceremony ceremony of
added Years in amalgamation to the base year this action may be declared as “fixed allocation
method”.

Trend appraisement = Complete accumulated of base year X 100

Absolute accumulated of acclimatized year

RATIO ANALYSIS

Ratio appraisement is a able accoutrement of Finance analysis. A acclimation is authentic as the

adumbrated adeptness of two algebraic expressions” and as “the accordance amidst for evaluating
the Finance position and adeptness of a firm. The complete accounting accumulated arise in Finance
ceremony do not board a allusive compassionate of the of the adeptness and Finance position of a
firm. An accounting accumulated conveys acceptation if it is accompanying to some added
accordant information.

Ratios admonition to abbreviate abounding quantities of Finance abstracts and to achieve qualitative
accuracy about the firm’s Finance performance.

FIXED ASSETS TO NET WORTH RATIO:

This acclimation establishes the accordance amidst Anchored Assets and Net account

Net ceremony = Allocation Basal + Affluence & Surplus + Retained Earnings.

Fixed Assets

Fixed Assets to Net ceremony Acclimation = ---------------- X 100

Net account

This acclimation of ‘Fixed Assets’ to ‘Net worth’ indicates the admeasurement to which amateur
funds are sunk into the Anchored assets. Generally, the adeptness of Anchored assets should be
financed by shareholders, disinterestedness including affluence & surpluses and retained earnings. If
the acclimation is below than 100% it implies that owners funds are added than complete Anchored
Assets and a allocation of the animate basal is provided by the allocation holders.

When the acclimation is added than 100% it implies that owner’s funds are not adequate to accounts
the Anchored assets and the accounts has to depend aloft outsiders to accounts the Anchored assets.
There is no “rule of thumb” to acclimate this acclimation but 60% to 65% is brash to be satisfactory
acclimation in case of automatic undertaking.

FIXED ASSETS RATIO:

This acclimation explains whether the aboutting has aloft able connected appellation funds to board
its Anchored assets requirements and is afflicted as under.

Fixed Assets (after depreciation)

----------------------------------------------

Capital Employed

This acclimation gives and absorption as to what allocation of the basal animate has been
acclimated in purchasing the Anchored Assets for the concern. If the acclimation is below than one
it is adequate for the concern.

FIXED ASSETS AS A % TO CURRENT LIABILITIES

The acclimation measures the accordance amidst Anchored assets and the adjourned debt and is a
complete advantageous so the connected appellation erection. The acclimation can be afflicted as
below
Fixed Assets

Fixed Assets as a % to Acclimatized Liabilities = ------------------------

Accepted Liabilities

TOTAL INVESTMENT TURNOVER RATIO :

This acclimation is afflicted by abacus the net sales by the accumulated of complete assets that is
(Net sales/Total investment) or (sales/Total investment). A top acclimation is an indicator of over
trading of complete assets while a low acclimation reveals abandoned capacity. The adequate
acclimatized for the acclimation in two times.

FIXED ASSETS TURNOVER RATIO:

This acclimation expresses the accumulated of times Anchored assets arte accepting turned-over is a
declared period. It is afflicted as under.

Sales

--------------------------------------------------

Net Anchored assets (after depreciation)

This acclimation shows how able the Anchored assets are accepting uses in the business. The
acclimation is important in case of adeptness action because sales are produced not abandoned by
use of Acclimatized assets but aswell by accumulated invested in Anchored Assets the academy
ratio, the bigger is the performance. On the added battle a low acclimation indicates that Anchored
assets are not accepting calmly utilized.

GROSS CAPITAL EMPLOYED

The appellation ‘Gross basal employed’ usually comprises the complete assets, fixed, as able as
acclimatized assets acclimated in a business

Gross Basal animate = Anchored Assets + Acclimatized Assets.

 RETURN ON FIXED ASSETS

Accumulation afterwards tax

RETURN ON FIXED ASSETS =--------------------------- X 100

Fixed assets

This acclimation is afflicted to admeasurement the accretion afterwards tax about the accumulated
invested in complete assets to ascertain whether assets are accepting activated appropriately or not.
The academy the acclimation the bigger it is for the concern.

FIXED ASSETS TO NET WORTH:

The acclimation indicates the admeasurement to across shareholders’ funds are befuddled in the
Anchored assets. The adapt to compute Anchored assets to net ceremony is afflicted as follows.
Anchored assets (after depreciation) / Net worth.

NET WORTH = Share basal + Reserves & surplus + Retained

Earnings.

If the acclimation is below than 100% it implies that client funds are added than the Anchored assets
and the shareholders and vice-versa board an allocation of animate capital.

Anchored assets

Fixed Assets to Net ceremony Acclimation = ---------------------------- X 100

Net worth

Fixed asset:

Fixed asset, as able acclimatized as a non-current asset or as property, plant, and accessories
(PP&E), is a appellation acclimated in accounting for assets and acreage which cannot calmly be
acclimatized into cash. This can be compared with acclimatized assets such as banknote or case
accounts, which are declared as aqueous assets. In a lot of cases, abandoned complete assets are
referred to as fixed.
Moreover, a fixed/non-current asset can as able be authentic as an asset not again abounding to a
firm's consumers/end-users. As an example, a baking firm's acclimatized assets would be its
ceremony (in this case, flour, yeast, etc.), the accumulated of sales owed to the aboutting via
acclamation (i.e. debtors or accounts receivable), banknote captivated in the bank, etc. Its non-
current assets would be the oven acclimated to bake bread, motor cars acclimated to carrying
deliveries, banknote registers acclimated to handle banknote payments, etc. Ceremony aloft non-
current asset is not abounding again to consumers.

These are items of accumulated which the alignment has bought and will use for an connected aeon
of time; Anchored assets frequently awning items such as acreage and buildings, motor vehicles,
furniture, acclimation equipment, computers, accessories and fittings, and ball and machinery.
These about acquire favorable tax appraisement (depreciation allowance) over abridged assets.
According to International Accounting Standard (IAS) 16, Anchored Assets are assets whose
aboutting bread-and-butter ceremony is aboveboard to breeze into the entity, whose accumulated
can be abstinent reliably.

It is pertinent to calendar that the accumulated of a Anchored asset is its adeptness price, including
acceptation duties and added deductible bargain discounts and rebates. In addition, accumulated
attributable to bringing and installing the asset in its bald across and the anterior appraisement of
dismantling and removing the ceremony if they are eventually no best bald on the location.

The primary algid of a business commodity is to achieve accretion and admission the affluence of
its owners. In the adeptness of this algid it is acclimatized that the administering will exercise due
adversity and action in applying the basal accounting absorption of “Matching Concept”. Affiliated
absorption is artlessly affiliated the costs of a aeon about the revenues of the aloft perio35

The use of assets in the abode of adeptness is usually added than a year- that is connected term. It is
appropriately bounden that in acclimation to accurately activate the net assets or accretion for a
aeon chafe is accountable on the complete accumulated of asset that contributed to the adeptness for
the aeon in accoutrement and accusation about the aloft adeptness of the aloft period. This is basal
in the appropriate advertisement of the net adeptness for the commodity in the period.

Net book accumulated of an asset is basically the aberancy amidst the complete accumulated of that
asset and it associated depreciation. From the foregoing, it is aboveboard that in acclimation to
abode a authentic and fair position of the Finance jurisprudence of an commodity it is relatable to
ceremony and abode the accumulated of Anchored assets at its net book value. Apart from the
adeptness that it is all-powerful in Standard Accounting Statement (SAS) 3 and IAS 16 that
accumulated of asset should be agitated at the net book value, it is the best way of anxiously
presenting the accumulated of assets to the owners of the business and abeyant investor.

Depreciating a Anchored Asset

Depreciation is, artlessly put, the accumulated generated by the use of an asset. It is the chafe and
aperture of an asset or abatement in the complete accumulated attributable to usage. Further to this;
it is the accumulated of the asset below any bear accumulated over its estimated advantageous life.
It is an accumulated because it is affiliated about the adeptness generated through the use of the
aloft asset. Chafe is usually beforehand over the bread-and-butter advantageous action of an asset
because it is admired as the accumulated of an asset captivated over its advantageous life. Invariably
the chafe accumulated is accountable about the adeptness generated through the use of the asset.
The acclimation of chafe to be adopted is best larboard for the administering to adjudge in
accoutrement to the aberrancy of the business, prevailing bread-and-butter action of the assets and
complete accounting guideline and attack as adumbrated in the accurate policies.

It is ceremony acquainted that not all Anchored assets allay in accumulated year-over-year. Acreage
and buildings, for example, may about admission in accumulate depending on belted real-estate
conditions.

A constant complete breadth of acreage that owns and uses in the accretion of its assets and is not
acclimatized to be captivated or acclimatized into banknote any eventually than at diminutive one
year's time.

Fixed assets are sometimes collectively referred to as "plant".

Balance across - accounting for Anchored assets

Introduction

An important accuracy is bogus in accounting amidst "current assets" and " "fixed assets".

Current assets are those that appraisement allocation of the circulating basal of a business. They are
replaced frequently or acclimatized into banknote during the beforehand of trading. The a lot of
acclimatized acclimatized assets are stocks, bargain debtors, and cash.
Compare acclimatized assets with Anchored assets. A Anchored asset is an asset of a business brash
for continuing use, rather than a short-term, acting asset such as stocks.

Fixed assets acquire to be classified in a company's antipode across as intangible, tangible, or

investments. Examples of abstract assets awning goodwill, patents, and trademarks. Examples of
complete Anchored assets awning acreage and buildings, ball and machinery, accessories and
fittings, motor cars and IT equipment.

How should the about-face accumulated of a Anchored asset be reflected in a company's accounts?

The allowances that a business obtains from a Anchored asset extend over several years. For
example, a accretion may use the aloft breadth of accretion accouterment for abounding years,
accepting a company-owned motor car acclimated by a salesman allegedly has a below
advantageous life.By accepting that the action of a Anchored asset is limited, the accounts of a
business accusation to recognise the allowances of the Anchored asset as it is "consumed" over
several years.

This afire of a Anchored asset is referred to as depreciation.

Definition of depreciation

Financial Advertisement Standard 15 (covering the accounting for complete Anchored assets)
defines chafe as follows:

"the acid out, accoutrement up, or added abbreviation in the advantageous bread-and-butter action
of a complete Anchored asset whether arising from use, effluxion of time or obsolescence through
either changes in technology or address for accouterments and casework produced by the asset.'

A allocation of the allowances of the Anchored asset will be acclimated up or captivated in

ceremony accounting aeon of its action in acclimation to achieve revenue. To ceremony accretion
for a period, it is all-important to bender costs with the revenues they admonition earn.

In chargeless the costs for a period, it is appropriately important to awning an accumulated to

represent the afire of Anchored assets during that aeon (that is, depreciation).

In essence, chafe involves allocating the accumulated of the Anchored asset (less any antithesis
value) over its advantageous life. To ceremony the chafe accusation for an accounting period, the
afterwards factors are relevant:- the accumulated of the Anchored asset;- the (estimated)
advantageous action of the asset;

- the (estimated) antithesis accumulated of the asset.

What is the accordant accumulated of a Anchored asset?

The accumulated of a Anchored asset includes all amounts incurred to admission the asset and any
amounts that can be again attributable to bringing the asset into animate condition.

Directly attributable costs may include:- Delivery costs

- Costs associated with accepting the asset such as cast appointment and acceptation duties

- Costs of advancing the website for accretion of the asset

- Professional fees, such as accustomed fees and architects' fees

Note that acclimatized aeriform costs or administering costs would not be included as allocation of
the total

costs of a Anchored asset (e.g. the costs of the annex architectonics in which the asset is kept, or the
accumulated of the aliment accretion who accrue the asset in adequate animate condition)

The accumulated of after accumulated on a Anchored asset will be added to the accumulated of the
asset provided that this accumulated enhances the allowances of the Anchored asset or restores any
allowances consumed.This bureau that aloft improvements or a aloft analysis may be capitalized
and included as allocation of the accumulated of the asset in the accounts.

However, the costs of aliment or overhauls that are agitated out artlessly to beforehand complete
adeptness will be brash as costs of the accounting aeon in which the plan is done, and accountable
in abounding as an accumulated in that period.

What is the Advantageous Action of a Anchored asset?

An asset may be aboveboard as accepting a authentic action and an bread-and-butter life.

Most Anchored assets anguish authentic abasement through accepting and the admission of time.
Although adversity and aliment may achieve in extending the authentic action of an asset, about it
will, eventually, adeptness a action across the allowances acquire been exhausted.

However, a business may not appetite to accrue an asset until the end of its authentic life. There may
be a point if it becomes uneconomic to accept to use the asset even accepting there is still some
authentic action left.

The bread-and-butter action of the asset will be angled by such factors as abstract beforehand and
changes in demand. For purposes of adept depreciation, it is the estimated bread-and-butter action
rather than the abeyant authentic action of the Anchored asset that is used.
 CHAPTER-3

INDUSTRY PROFILE

COMPANY PROFILE
 INDUSTRY PROFILE
The automobile business has tormented the manner in which people live and work. The
antiquated of vanguard vehicles was counterfeit in the year 1895. In no time the native realization of
the vehicle followed in India. As the age turned, three vehicles were outsider in Mumbai (India).
Inside decade there were outright of 1025 vehicles in the city. The aurora of auto in reality goes
aback to 4000 years if the native caster was adjusted for busline in India. In the alpha of fifteenth
century, Portuguese acclimated in China and the variation of the two societies prompted a variety of
new innovations, including the origination of a caster that furious underneath its very own capacity.
By 1600s child steam-controlled motor models was grown, however it took expansion age in
advance of a full-sized motor fueled vehicle was created.Brothers Charles and Frank Duryea
outsider indisputably the horseless conveying in the year 1893. It was the Aboriginal inside burning
engine vehicle of America, and it was trailed by Henry Ford's native starting vehicle that previously
mentioned year. One of the most elevated appraised native prosperity autos was the 1909 Rolls-
Royce Silver Ghost that included a peaceful 6-chamber motor, covering inside, collapsing
windscreens and hood, and an aluminum body.

Drivers generally accumulation it and emphasize was on wealth and appearance as opposed to
speed. During the 1920s, the vehicles obvious design refinements, for example, carrier tires,
squeezed steel wheels, and Four-wheel brakes.Graham Paige DC Phaeton of 1929 included a 8-
chamber motor and an aluminum body.The 1937 Pontiac De Luxe auto had plentiful autogenous
and back pivoted aback opening that badly fitted added to the necessities of families. In 1930s,
autos were underneath boxlike and included mechanized than their forerunner was. The 1940s saw
appearance like computerized transmission, fixed shaft headlights, and tubeless tires.The year 1957
brought capable elite autos, for example, Mercedes-Benz 300SL. It was inherent on grouped and
august lines, and was capable of 230 kmph (144 mph). This was the Indian auto history, and today
cutting edge vehicles are about light, efficiently makers, dealing vehicle producers or three-wheeler
organizations - anyone has all the earmarks of being in a messiness to knapsack gathering limits.
The nation is acknowledged to attestant over Rs 30,000 crore of venture by 2010.Hyundai will
aswell be dread the Verna and a cast new specialist vehicle. General Motors will be bathing a Mini
and might be a grouped vehicle. The majority of the organizations acknowledge manufactured their
aims clear. Maruti Udyog has set up the extra vehicle bulb with an achievement convenience of 2.5
lakh units per annum for a speculation of Rs 6,500 Crore (Rs 3,200 Crore for operator motors and
Rs 2,718 Crore for the vehicle bulb itself).

Hyundai and Tata Motors acknowledge show up undertakings for development an agnate mass
throughout the following 3 years. Hyundai will go with in added than Rs 3,800 Crore to India.Tata
Motors will be advance Rs 2,000 Crore in its child vehicle venture. General Motors will be advance
Rs 100 Crore, Ford about Rs 350 Crore and Toyota seem constrained intensification issues even as
Honda Siel has fitting Rs 3,000 Crore throughout the following decade for India - a copious square
of this ought to show up by 2010 back the conglomeration is aswell looking to get to the profitable
infant vehicle segment..Talking about the trading vehicle section, Ashok Leyland and Tata Motors
acknowledge commemoration seem healthy over Rs 1,000 Crore of speculation. Mahindra and
Mahindra's aggregate experience with International Trucks is acknowledged to see a refreshment of
at nuclear Rs 500 Crore.Industry accomplishment in 2008-09.The Indian car bazaar figured out how
to point up to the fancies of the bread-and-butter mishap to appearance barely progress during
budgetary 2008-09. By and large vehicle deals at 97.23 lakh became 0.71 percent from 96.54 lakh
units in 2007-08. In the event that above car markets show up a 30-40 percent decrease, alone a
dispersing of nations figured out how to appearance development. A couple of months prior, India
was looking at annulling advance yet has furious around. It is in truth greater than anticipated.
Traveler vehicle deals at 15.51 lakh enrolled crumbled advance while trading vehicle deals
demonstrated a 21 percent drop.SIAM has an outright plot for the acknowledged financial year.
While it anticipates a 7-8 percent development for the dealing vehicle section, the industry physical
make-up predicts a 3-5 percent development for passenger vehicles. The three-wheeler enunciation
may proliferate 5-8 percent development while bikes may appearance 3-5 percent development. The
passenger vehicle bazaar has asperous the reduction copiously because of bazaar twirly doo Maruti
Suzuki which holds 48 percent of the market. The packed vehicle behemothic timed 7.22 lakh units
for 2008-09. Nearest doing combating Hyundai Motor India inundated 2.44 lakh vehicles, a
development of 13 percent. Goodbye Motors' deals became 1.3 percent at 2.30 lakh units while
Mahindra and Mahindra familiarize 2.5 percent advance at 1.06 lakh units. Most outstanding
carmakers saw volumes pack bear monetary. Toyota Kirloskar Motor's numbers fell 15 percent to
46,892 units while Ford India's deals were down 17 percent to 27,976 units. Honda Siel Cars India
aswell saw a 17 percent dot at 52,420 units while General Motors India was down 8 percent to
61,526 units. Among dealing vehicle creators, every above player saw bottomless decrease in
volumes. Bazaar twirly doo Tata Motors with a 60 percent extra offer, demonstrated 22 percent dot
in numbers at 2.34 lakh units while Ashok Leyland indicated 37 percent globule at 47,632. Eicher's
business total fell 37 percent at 17,341 units and Force Motors was down 28 percent at 7,819 units.
"The parcels development is ridiculous to propel this budgetary which will appulse trade deals.
Bicycle deals became 2.6 percent to 74.38 lakh units. "Saint Honda has created up for the scraped
spot of offers total for included bicycle creators including Bajaj Auto and TVS Motor Company,"
said Mr. Matta. Saint Honda timed 36.40 lakh units, a development of 12.5 percent. Bajaj Auto's
volumes alone 23 percent to 12.86 lakh units while TVS saw a flanking decrease at 11.36 lakh units.
Honda Motorcycle and Scooter India's deals flooded 16 percent to 10.15 lakh units. The car
business in India is one of the better in the apple and one of the quickest developing all inclusive.
India's passenger vehicle and bargaining vehicle achievement industry is the seventh better on the
planet, with a commemoration amassing of included than 3.7 entertainer units in 2010.According to
contempo reports, India is set to beat Brazil to turn into the 6th better passenger vehicle
represetative on the planet, growing 16-18 percent to promote around three on-screen character
units in the development of 2011-12. In 2009, India rose as Asia's fourth better exporter of
passenger autos, abaft Japan, South Korea, and Thailand.. In 2010, India cultivated as Asia's third
better exporter of passenger autos, abaft Japan and South Korea attack Thailand.As of 2010, India is
home to 40 entertainer passenger vehicles. Included than 3.7 entertainer car vehicles were created in
India in 2010 (an entrance of 33.9%), legitimate the nation the extra quickest developing auto
bazaar in the world] According to the Society of Indian Auto Manufacturers, commemoration
vehicle deals are anticipated to access to 5 on-screen character by 2015 and included than 9 on-
screen character by 2020.[6] By 2050, the nation is acknowledged to top the apple in vehicle
volumes with around 611 on-screen character autos on the country's streets most of India's vehicle
achievement industry is based around three bunches in the south, west and north. The southern
exhibit side by side Chennai is the better with 35% of the procurement share. The western center
point side by side Maharashtra is 33% of the market. The cold exhibit is basically Haryana with
32%.[8] Chennai, is aswell alluded to as the "Detroit of India"[9] with the India activities of Ford,
Hyundai, Renault and Nissan headquartered in as far as possible and BMW tolerating a gathering
bulb on the edges. Chennai represents 60% of the nation's car exports.[10] Gurgaon and Manesar in
Haryana life structures the cold exhibit broadness the nation's better vehicle maker, Maruti Suzuki,
is based.[11] The Chakan passageway side by side Pune, Maharashtra is the western cluster with
organizations like General Motors, Volkswagen, Skoda, Mahindra and Mahindra, Tata Motors,
Mercedes Benz, Land Rover, Fiat and Force Motors[12][13] tolerating gathering plants in the
region. Aurangabad with Audi, Skoda and Volkswagen aswell structures assignment of the western
group. Option emerging exhibit is in the backup of Gujarat with achievement capacity of General
Motors in Halol and included anticipated Tata Nano at Sanand. Passage, Maruti Suzuki and
Peugeot-Citroen plants are aswell set to show up in Gujarat Kolkatta with Hindustan Motors, Noida
with Honda and Product and record division

COMPANY PROFILE

Mahindra Tractors is a widely inclusive land frill engineer of Mahindra and Mahindra. In 2010,
Mahindra turned into the world's most noteworthy selling tractor thrown by volume. Mahindra's
better sucker contemptible is in India, China, North America, and a developing bazaar in Australia.
The collection is the better modeler in India[2] and has the settlement to body 150,000 tractors
every year.

M&M created its native tractor in 1963, the Mahindra B-275. Mahindra Tractors flooded around
85,000 units yearly definitive it one of the better tractor makers in the world.[4] To magnify into the
developing tractor bazaar in China, Mahindra procured lion's share pale in Jiangling.

To promotion associate about Mahindra in the US, Mahindra USA show up its new backing in the
NASCAR Nationwide Series with R3 Motorsports, which is pleasing with a #23 Mahindra Tractors
Chevrolet. The vehicle was apprenticed by Robert Richardson Jr. Mahindra USA, Inc. show up a
17-race essential and 18-race frill promotion for the 2009 NASCAR Nationwide Series.[5] With this
sponsorship, Mahindra was the native Indian collection to support a vehicle in NASCAR. In 2008,
Mahindra was a supporter of the McDonald Motorsports conglomeration which ran the #81 vehicle
in the NASCAR Nationwide Series.

MAHINDRA OPERATIONS

Mahindra Tractors works in ten nations and has an enough sufficient blockhead miserable in the
United States, Australia, Chile, Serbia, Indian Subcontinent, Iran, Syria and an above distribution of
the African sparing a piece of flourishing more.[6] Mahindra works in China, North America and
Australia through its backups, Jiangling, Mahindra USA and Mahindra Australia. It aswell works in
some Indian states through its backups Mahindra Gujarat and Swaraj.

Mahindra India

Mahindra Tractors at a Showroom in 2012 side by side Chengalpattu in Tamil Nadu

Mahindra 575 Di at nightfall over an amoroso pikestaff field, Tamil Nadu, India
Mahindra Tractors is sum one in deals in India - the better tractor bazaar in the world[7] - and it has
been the bazaar twirly doo back 1983. Its deals are dominatingly in the conditions of Gujarat,
Haryana, Punjab, Maharashtra and the Southern States. Its deals in Gujarat are underneath the
portrayal Mahindra Gujarat and its deals in Punjab are underneath the portrayal Swaraj. In 1999,
Mahindra acquired 100% of Gujarat Tractors from the Government of Gujarat.and Mahindra
obtained a 64.6% pale in Swaraj in 2004.

Mahindra Tractors began achievement 15HP tractor underneath the cast name Yuvraj in Rajkot in
2011. The bulb in Rajkot is set up as needs be by Deepak Diesel Pvt Ltd and Mahindra and
Mahindra. The bulb has a best convenience of 30000 tractors for every annum.

Mahindra USA

Mahindra 3616 HST MFWD is a Four caster drive tractor inundated with USA

In 1994, the accumulation entered the American bazaar as Mahindra USA; it has a deals and record
plan all through the nation. Mahindra USA, an adornment of Mahindra Tractors, is amiable for deals
in North America. Mahindra has 5 amassing plants in the US—one at its North American location in
Houston, Texas, increase in Marysville, California and one in Chattanooga, Tennessee. In August
2012, Mahindra USA opened its fourth aggregation and organization centermost in Bloomsburg,
Pennsylvania. In 2014, Mahindra USA opened its fifth aggregation and organization centermost in
Lyons, Kansas.

In increase to engineering their own tractors, Mahindra aswell sources tractors from included
producers. For the USA showcase, Mahindra has obtained their sum articles from Tong Yang
Moolsan, one of the top tractor producers in South Korea, to overhang called antiquity ranges.

MAHINDRA AUSTRALIA

Situated in Brisbane, Mahindra Australia is an addition of Mahindra and Mahindra Ltd. In 2005, the
conglomeration entered the Australian bazaar with the blast of its amassing and sucker projection
focus in Acacia Ridge, QLD.[9] Currently, the organization's articles are flooded and adjusted by 40
vendors all through Australia. Mahindra Australia is aswell managable for deals in New Zealand
and the blow of Australasia. The Company's articles are communicated in Fiji via Carpenters
Motors.[9] In Western Australia and South Australia, Mahindra tractors are communicated by
McIntosh Distribution.
 CHAPTER-4

DATA ANALYSIS
 DATA ANALYSIS & INTERPRETATION

TABLE: – I
NET BLOCK
CAPITAL
YEAR (FIXED CONSTRUCTION TOTAL
(W/P)
ASSETS) & STORES
2014 1591203.54 396188.29 67463.53 2054855
2015 1703351.36 415493.07 90034.08 2208879
2016 1846573.54 278964.63 102649.7 2228188
2017 1767804.49 509149.83 135461.2 2423642
2018 1986502.51 515430.25 123207.8 2625141

INTERPRETATION: The above graph shows in the year 2014-2018.consistently growing up the company
meets financially secure for enhancing their business.
 TOTAL INVESTMENT: -
TABLE: – II

SALES IN
YEAR INVESTMENT PERCENATAGE
LAKHS
( LAKHS )
2014 5,889.85 1404211.85 0.004194417
2015 4,266.37 1608132.1 0.002652997
2016 3,154.11 1902068.31 0.001658253
2017 4,088.77 1788252 0.002286462
2018 3,623.83 1902068.1 0.001905205

INTERPRETATION: The above graph shows in the year 2014-2018. MAHINDRA TRACTOR
trend percentage has increased in the year 2015 MAHINDRA TRACTOR has been low trend
percentage from 2014 to 2018.
 GROWTH RATE IN FIXED ASSETS
TABLE: - III
FIXED ASSETS (IN
YEAR LAKHS) TREND PERCENTAGE
2014 1591203.5 141.92
2015 1703351.3 151.92
2016 1846573.5 164.69
2017 1767804.4 157.67
2018 1986502.5 177.17

INTERPRETATION: The above graph shows in the year 2014-2018.MAHINDRA TRACTOR growth
rate trend percentage has increased from 2014-2018. MAHINDRA TRACTOR has been low trend
percentage in the year 2014.
 TABLE: - IV
GROSS
NET WORTH FIXED
YEAR RATIO IN %
(crores) ASSETS
(crores)
2014 10,111.29 25210.79 0.40
2015 7,944.75 28473.82 0.28
2016 6,541.33 32307.35 0.20
2017 5,599.87 32891.16 0.17
2018 5,006.24 36610.6 0.14

Chart:-IV

INTERPRETATION: The above graph shows in the year 2014-2018. MAHINDRA TRACTOR gross
fixed assets percentage has decreased from 2014-2018. MAHINDRA TRACTOR has been reduced its
very difficult to manage operating business in the company.
 FIXED ASSETS AS A PERCENTAGE TO LONG TERM LIABILITIES:
Fixed assets ratio a various ratio of fixed assets to net worth is a ratio of fixed assets to long term funds
which is calculated as = Fixed Assets (after depreciation)
---------------------------------------------
Capital Employed
TABLE 5 :

YEAR FIXED ASSETS ( LAKHS) LONG TERM FUNDS PERCENTAGE

2014 1591203.5 2978834.74 53
2015 1703351.3 2976040 57
2016 1846573.5 3304520 56
2017 1767804.4 3565260 50
2018 1986502.5 3863430 51

INTERPRETATION: The above graph shows in the year 2014-2018.MAHINDRA TRACTOR

long term funds percentage has consistently moving from 2014-2018.MAHINDRA TRACTOR
has been running good returns for getting profits.
 FIXED ASSETS AS A PERCENTAGE CURRENT LIABIULITIES:

Fixed assets as a % to Current Liabilities = Fixed Assets/ Current Liabilities

TABLE: - VI
FIXED CURRENT
YEAR PERCENATAGE
ASSETS LIABILITIES
(LAKHS)
2014 1591203.5 4,468.66 356.08
2015 1703351.3 3,512.75 484.91
2016 1846573.5 3,180.69 580.56
2017 1767804.4 2,903.12 608.93
2018 1986502.5 2,893.39 686.57

INTERPRETATION: The above graph shows in the year 2014-2018. MAHINDRA TRACTOR fixed
assets / current liability percentage has been increased from 2014-2018. MAHINDRA TRACTOR has
been running good returns for getting profits.
 TABLE: –VII
TOTAL INVESTMENT TURNOVER RATIO:

YEAR INVESTMENT ( LAKHS ) SALES IN LAKHS PERCENATAGE

2014 3545210.87 1404211.85 39.64
2015 9015874 1608132.1 17.84
2016 3991459.4 1902068.31 47.65
2017 4028114.2 1788252 44.39
2018 3667441.15 1902068.1 51.86

INTERPRETATION: The above graph shows in the year 2014 to 2017 MAHINDRA TRACTOR
investment turnover ratio percentage has increased in the year 2017 MAHINDRA TRACTOR
has been running good returns for getting profits.
 CHAPTER-5

FINDINGS, SUGGESTIONS,
CONCLUSIONS
 FINDINGS

The practiced game plan is recorded at 20.22 in the year 2014-13 the everyman game plan was
recorded at 5.13 in the year 2014.

Profit For FIXED ASSETS: The everyman course of action was recorded at 5.34 in the year 2014
which the underneath than the standard proportion.

In SIP Area (1101) the advantages that are weakened to 95% sum tolerating outright accumulation
measure of 653,28, 873.21

• Regarding to the Fixed advantages for net record game plan demonstrates an associated access in
net record and Fixed resources. This demonstrates the acceptable position of the organization.

• Regarding the tolerating assets to Fixed resources they appearance an expansion.

• Regarding the outright venture turn around course of action it is empiric deals had an entrance
from 2014-2018.

• Regarding the Fixed Asset turn around proportion, deals had an expanded.

• Regarding the Acknowledgment on outright resources course of action it has been empiric that
there is benefit. This demonstrates the good position of the organization.

• from the up high deliberation it very well may be said that the MAHINDRA TRACTOR cement
comprehensive financial position on fixed resources is attractive.
 SUGGESTIONS

Suggestions for able administration of fixed assets of MAHINDRA TRACTOR.

The MAHINDRA TRACTOR should chase the npv adjustment or adjustment both at a time rather
than afterward alone Npv method.

The MAHINDRA TRACTOR should assay and ad measurement a account of projects for
evaluation.

The arrangement of acknowledgment on fixed assets is poor. The accounts administration (the
administrator of MAHINDRA TRACTOR should yield alleviative accomplish to advance the
position.

The PAT arrangement has to be improved.

The MAHINDRA TRACTOR basic allotment behavior should be accomplished in the alternating
advancing years.

The MAHINDRA TRACTOR has to access its consultancy casework to added ability activity in
indie and abroad.

MAHINDRA TRACTOR have to apply on added about-face and takeover.

MAHINDRA TRACTOR have to be broadcast with accumulation authoritative units with low
cost.
 CONCLUSION
After moral story the financial position of (MAHINDRA TRACTOR ) and assessing its Fixed
resources Administration or fundamental apportioning strategies in record of device examination,
pattern test and course of action investigation. The a short time later modified works are exhausted
from the action planning.

The development of the MAHINDRA TRACTOR demonstrates that there is an entrance in

Net Block considerably throughout the year that is from 61.24% to71.94% opportune the work-in-
advance it has diminished from 36.23 to 20.51 the financial position of MAHINDRA TRACTOR
speculation it has been accumulation life structures 100%
BIBLIOGRAPHY

Book Name Author name

Financial accounting S P jain
Cost and management accounting ICWA book
Accounting for management Khan and jain

Website:
www.wikipedia.com
www.MAHINDRA TRACTOR .com
www.yahoofinance,com
Balance Sheet of MAHINDRA TRACTOR
------------------- in Rs. Cr. -------------------
Mar '18 Mar '17 Mar '16 Mar '15 Mar '14
Sources Of Funds
Total Share Capital 39.94 39.94 39.94 39.94 39.94
Equity Share Capital 39.94 39.94 39.94 39.94 39.94
10,071.3
Reserves 5 7,904.81 6,501.39 5,559.93 4,966.30
10,111.2
Networth 9 7,944.75 6,541.33 5,599.87 5,006.24
Secured Loans 0 0 0 0 302.16
Total Debt 0 0 0 0 302.16
10,111.2
Total Liabilities 9 7,944.75 6,541.33 5,599.87 5,308.40
Application Of Funds
Gross Block 6,857.99 5,926.16 4,697.98 3,761.52 4,427.29
Less: Accum. Depreciation 2,462.40 2,089.42 1,785.29 1,518.27 1,356.31
Net Block 4,395.59 3,836.74 2,912.69 2,243.25 3,070.98
Capital Work in Progress 0 0 712.55 854.11 62.09
Investments 5,889.85 4,266.37 3,154.11 4,088.77 3,623.83
Inventories 656.31 672.98 815.49 669.55 636.76
Sundry Debtors 1,561.87 1,282.80 1,389.59 920.58 665
Cash and Bank Balance 15.4 131.36 159.25 117.5 181.04
Total Current Assets 2,233.58 2,087.14 2,364.33 1,707.63 1,482.80
Loans and Advances 1,710.19 1,545.04 1,378.02 1,203.54 1,401.95
Total CA, Loans & Advances 3,943.77 3,632.18 3,742.35 2,911.17 2,884.75
Current Liabilities 4,468.66 3,512.75 3,180.69 2,903.12 2,893.39
Provisions 114.31 883.19 799.68 1,594.31 1,439.86
Total CL & Provisions 4,582.97 4,395.94 3,980.37 4,497.43 4,333.25
- -
Net Current Assets -639.2 -763.76 -238.02 1,586.26 1,448.50
Total Assets 9,646.24 7,339.35 6,541.33 5,599.87 5,308.40
Contingent Liabilities 480.68 650.44 816.42 487.63 502
Book Value (Rs) 506.33 397.85 327.58 280.43 250.7