ORGANISATION STUDY AT INDIAN CARPET DESIGNER

CHAPTER=1

INDUSTRY PROFILE

SIR M VISVESVARAYA INSTITUTE OF

1
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

1. Introduction about the internship, Industry Profile.

1.1 Introduction about Internship:

The internship was carried out for four weeks starting from 25/6/2018 to 21/7/2018.Internship
program is designed for the students engaged in a field of experience within opportunity
to share their insights to explore the links between students’ academic preparation and their field
work to assist participants in developing and carrying out the major research project, which will
serve to culminate their internship experience. An internship provides more accurate picture of
what individuals do in certain professions under the guidance of experienced practitioners.
Interns apply the skills and theories learned in the classroom to real-world issues, an internship
can be a paid work experience that also has academic value in one’s program of study.

1.2 Industry profile

. 1.2.1 SERVICE INDUSTRY

SIR M VISVESVARAYA INSTITUTE OF

2
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

The company chosen for Organization Study comes under Service Industry.

Classification of Industries

Industries are classified as follows:

1. Micro Enterprises: These are the companies where the investments are made in plant
and machinery which does not exceed twenty-five lakh rupees.

2. Small Enterprises: These are the companies where the investments are made in plant
and machinery which is more than twenty-five lakh rupees and does not exceed more
than five crore rupees.

3. Medium Enterprises: These are the companies where the investments are made in plant
and machinery which is more than five crore rupees but does not exceed ten crore rupees.

1.3 MARKET SHARE:

Indian carpet are famous the world over with his magnificent designs and heart winning
workmanship, The current trend of handmade floor covering is estimated to be around U$$ 2.56
billion carpet. India ranks number one terms of value as well volume of exports of handmade
carpets in 2017. India”s export can be doubled it increase it share in the world floor coverings
market by 3.5%India. India weaves in its own specialized way that makes its carpet unique in all
respect. The stunning design and magical colour blend make it more precious. The trained
traditional crafts man weaves the masterpiece that flabbergasted the world and brought the
attention of world market towards Indian carpet.

SIR M VISVESVARAYA INSTITUTE OF

3
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

1.4 CONTRIBUTION TO GDP:

The service industry GDP is 8%

The contribution made by the service sector in India’s real gross domestic product has increased
over the years. However, the rate of growth has not been at par with expectations. In the planning
process of India’s economic development, a lot of emphasis was given on the heavy industries
and this led to greater expectations from the service sector.

1.5 CARPET INDUSTRY GROWTH

The Indian carpet industry during the post-independence era has witnessed an export-led-growth.
Besides, export prospects of carpets basically depend on overseas demand and domestic supply
potential. Employing over 2 million weavers, it is an old and well established decentralized
sector, employing over 2 million weavers.

Despite being one of the largest producers and exports of carpets across the globe, the
unfortunate part is the demand for these handmade carpets and rugs have witnessed a downfall.

In spite of the booming handicrafts sector in India, the demand for carpets are pretty high in
international markets as compared to our country.

Further, the sector has made rapid strides during the post-independence era, especially during
and after 70s in the wake of overseas demand which stimulated carpet production and exports.

SIR M VISVESVARAYA INSTITUTE OF

4
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

1.6 HISTORY AND DEVELOPMENT OF INDUSTRY

It is believed that the first Mughal emperor Babur (1526-30) imported carpets from
turkey and Persia to enhance the ambiance of his court. But, later imperial workshops for
carpet production were actually set up by Akbar in Agra and Fatehpur Sikri. With the
ruin of Mughal Empire, Indian handicrafts faced a setback. During 19 th century local
carpet workshops were governed and directed by English or European companies. In the
post-British period such indigenous industries started flourishing in different parts of the
country. Each region engaged in making different types of carpets with variations in
material(skill, wool, etc.), designs, color and quality. On the basis of quality of wool used
in the production, the feel of carpets differs. Northern region carpets are rough and
opaque. The leading carpet manufacturing workshops are located in Kashmir, Rajasthan,
Punjab,Uttarpradesh, Andrapradesh and Himachal Pradesh. Carpet industry in Kashmir is
Famous fine quality hand knotted carpets, which are expensive and considered as lifelong
investment. An average piece is made with about 324 knots per square inch. Persian
culture influenced the Kashmiri carpet industry has acquired an indigenous character.
Kashmir has developed some of its own designs based on, the traditional paisley, shawl
patterns ,leaves and flowers. In Kashmir, Talim method is used to train craftsmen. Wool
is the basic material used. Silk is also commonly used not only for the pile but also for
the wrap and weft.The number of knots on the back of the carpet indicates the quality.
Bokhra hand knotted carpets are one of the finest with about 120-500 knots in a square
inch. The deep pile of Indian hand knotted carpets comes in magnificent colors, with
designs which are oriential, exotic and uniquely modern. Namdhas: The namdha is
specialty of Kashmir; these carpets are embroidered with woollen thread that completely
covers the base of Hessian.
Carpet weaving is an ancient Indian tradition, with the industry flourishing in the country
16th century on wards. Today India is the world’s largest producer and exporter of
handmade carpets in terms of value and volume. Around 75-85 per cent of carpets
manufactured in India are exported. Indian carpets are known worldwide for their
excellent design, fascinating colours and quality.

SIR M VISVESVARAYA INSTITUTE OF

5
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

1.7 MAJOR PLAYERS IN CARPET INDUSTRY

The leading names in India’s service sector may be mentioned as below:

1. Cp crop
2. Mayor distributor
3. Revising floor
4. Green flooring carpets
5. Soorya carpets

1.8 CONTRIBUTION TO ECONOMY

Though India banks heavily on its services sector for growth, the manufacturing sector too plays
a significant role in the Indian economy, contributing nearly 16 per cent to the GDP (in 2006-
07).

•Encouraged by an increasing presence of multinationals, scaling up of operations by domestic

companies and an ever-expanding domestic market, the Indian manufacturing sector has been
averaging a 9 per cent growth in the last four years (2004-08), with a record 12.3 per cent in
2006- 07.

SIR M VISVESVARAYA INSTITUTE OF

6
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

•India is fast emerging as a global servicing hub. Be it automobiles or computer hardware,

consumer durables or engineering products, all are being manufactured by multinationals in
India.

•Moreover, according to a report by the Federation of Indian Chambers of Commerce and

Industry (FICCI) and Yes Bank, India is poised to become the global manufacturing hub for
luxury brands over the next five years with manufacturing of luxury items becoming a US$ 500
million industry during this period.

1.9 TECHNOLOGICAL DEVELOPMENT OF SERVICE INDUSTRY

A carpet textile floor covering and is used for a variety of purposes where it can be applied in
floor coverings. this adds to the living space.

1. Augmented reality: despite its potential, use of augmented research in the service
industry remains limited. For instance, through enabled carpet can see the same thing
that a information from data base

2. Social: carpet customers will want to communicate to you via social media such as
Facebook, Wechat, or Whatsapp. This company already provides “social support”,
with varying degrees of success.

3. Cloud: cloud computing is a key contributor to carpet digital transformation. There are
many cloud-based applications for service delivery tasks such as customer relationship
management. Cloud environment provides a convenient solution for sharing
documents, exchanging log-files, storing historical data, and other collaborative tasks
in carpet.

SIR M VISVESVARAYA INSTITUTE OF

7
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

4. Virtual reality: this technology is still being developed, but much progress has been
made in past few years. Depending on the application, virtual reality requires
significant amount of carpet industry.

1.10 LAWS RELATING TO SERVICE INDUSTRY

Service law relating is a corporate based flooring company specialising in commercial carpets
and resilient floor finishers. We have been trading for eleven years with current Government
contracts and the private sector projects.

The carpet company is available for consultancy, supply and installation, maintenance and repair
work for all your floor covering needs

The carpet company specialises in the supply or supply and installation of floor coverings with a
huge range of styles and colours available. We have alliances with various major
manufacturers, which enable us to cater for your specific requirements.

1. Timber and laminate flooring

2. Rubber surface
3. Indoor/outdoor carpets and tiles
4. Entrance matting
5. Vinyl sheet and tiles

1.11 RECENT TRENDS IN CARPET INDUSTRY

In attempt to explore closely the develop in carpet and flooring trends for 2018 their designs and
colours ais, the variety of hand- made carpets, machine-made carpets and rugs, textile floor

SIR M VISVESVARAYA INSTITUTE OF

8
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

coverings, laminate flooring and in the article we will lead you to the word of Domotex
exhibition in Hanover, Germany.The opening statement of designer AifredoHaberli summons it
up nicely.

1. Handmade carpets
Often the carpets become the central piece of the interior décor composition: they are
colorful, attractive, can make a strong statement with their design, composition, and
texture; the latest carpet trends in ideas layout are capable of breaking the borders of the
imagination.

2. Cut-and-loop carpet
In the world of carpet, explains dean, we are seeing far fewer shags and friezes and more
patterned carpets. By using a technique that combines both loops and cut loops – hence
the name “cut and loop carpet”.
3. Show stopping patterned carpet
The expert installers at Bowloom installed this show stopping carpet by alternative
flooring. The attractive chain link pattern adds a big dose of visual interest to the neutral
living room.

4. Pick colors that will flow:

If you’re renovating, something that’s most likely going to be high on your list is creating
a sense of flow between different areas of the home.
No matter if your house is open –plan or more formal, ensuring the rooms flow into each
other will make the area appear less boxy and more spacious.

5. Neutral carpet colors

SIR M VISVESVARAYA INSTITUTE OF

9
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Neutral carpet matches the colors and tones of hard flooring, and also gives you a blank
canvas to build on for decorating your home, painting, choosing furniture, etc. it’s easy to
stick with staple and use other items in your home as your statement pieces.

Although bright colors are trending, neutral carpets are still popular today, and these
browns and grays will probably remain popular for decades to come.

CHAPTER-2

SIR M VISVESVARAYA INSTITUTE OF

10
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

COMPANY PROFILE

2.1 Background

Company Name INDIAN CARPET DESIGNER

Founder & Chairman GANGADAR
Founded Feb 28 2007
Director LAKSHMI
C EO Mr.MANOHAR
Number of workers 80
Headquater Chennai
Address JC Road, Kumbaragundi, Kalasipalya ,Bangalore,Karnataka-
56002 India

 Indian carpet designer is a private Company, is one of leading company of Karnataka,

which was established on February 28, 2007. It is a leading Exporter, and Services of
Carpets in other states.
An Indian carpet, we are committed to providing the best quality contemporary area
mats, an easy ordering process and a low, low cost bringing area mats art to the floors of
yours home and office.

SIR M VISVESVARAYA INSTITUTE OF

11
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

We only offer mats, and we do it right. We have the best quality, the best service, and
above all, the best prices for your investment. You deserve the best; we provide it every time.

The biggest accomplishment for this years that it has existed has been of winning the
trust of its buyers and customers through its incomparable quality of its goods and services.
Since the start the motto of this company has been that customer is always right and we
constantly strive and innovate to satisfy our customer needs.

2.2 Nature of business:

A carpet is a textile floor covering typically consisting of an upper layer of pile attached
to a backing. The pile was traditionally made from wool, but, since the 20th century,
synthetic fibers such as polypropylene, nylon or polyester are often used, as these fibers
are less expensive than wool. The pile usually consists of twisted tufts which are typically
heat-treated to maintain their structure. The term “carpet” can be is often used
interchangeably with the term “rug”, although the term “carpet” can be applied to a floor
covering that covers an entire house, whereas a “rug” is generally no bigger than a single
room, and traditionally does not even span from one well to another, and is typically not
even attached as part of the floor.

Carpets are used for a variety of purposes, including insulating a person’s feet from a
cold tile or concrete floor, making a room more comfortable as a place to sit on the floor
(e.g., when playing with children or as a prayer rug), reducing sound from walking
(particularly in apartment buildings) and adding decoration or color to a room. Carpets
can be made in any color by using differently dyed fibers. Carpets can have many
different types of patterns and motifs used to decorate the surface. In the 2000s, carpets
are used in industrial and commercial establishments such as retail stores and hotels and
private homes. In the 2010s, a huge range of carpets and rugs are available at many price
and quality levels, ranging from inexpensive, synthetic carpets that are mass-produced in

SIR M VISVESVARAYA INSTITUTE OF

12
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

factories and used in commercial buildings to costly hand-knotted wool rugs which are
used in private homes of wealthy families.

2.3 Our Mission

“A world class provider of the most exquisite forms of art". With this principle as our
guiding light, we aim to be the best in the industry and continue to strive towards
excellence. Our motto is to promote Indian rugs to aficionadas of masterpieces of fine
art.

2.4 Our Vision

To educate clients about the most exclusive forms of art in the world and to expand the
powerhouse of rugs to international locales like New York, London and Paris. We are
committed to understanding and exceeding the needs and expectations of all our customers by
working in unison to provide the best possible services.

2.5 QUALITY POLICY OF CARPET INDUSTRY

1. Customer focus: understand what adds value for our customers and focus on providing
that value in everything we do.
2. Service excellence: serve our customers by continuously challenging ourselves to
achieve the highest levels of quality in our products.
3. Health and Safety: strong commitment to work health and safety, promoting a
preventive culture.
4. Continuous improvement: continuous improvement towards excellence as a work
philosophy.
5. Teamwork: personal relationships based on trust and mutual respect.

SIR M VISVESVARAYA INSTITUTE OF

13
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

6. Respect and care for the Environment: commitment to sustainable environmental

business practices that help protect future generations.
7. Style of carpet : the style of the carpet can influence its performance. The most common
residential carpet styles include Saxony, Berber, frieze, and cut-and-loop.
8. Carpet density : carpet density refers to how closely together the fibers are tufted
(stitched) into the carpet backing. It is calculated using a specific formula. When
comparing carpets that have different destinies.

2.6 FUTURE GROWTH AND PROSPECTS

The Indian carpet industry during the post-independence era has witnessed an export- led
growth. Besides export prospects of carpets basically depend on overseas demand and
domestic supply potential. Employing over 2 million weavers, it is an old and well
established decentralized sector, employing over 2 million weavers.

Further, the sector has made rapid strides during the post-independence era, especially
during and after 70s in the wake of overseas demand which stimulated carpet production
and exports.

As a consequence, exports which were worth around 3 corers in 1947-48 and 11crores in
1970-71 registered a manifold increase and exceeded Rs 3,600crores in 2006-07. But
after 2007-08, there is a sharp decline in exports due to worldwide economic recession, as
per a research report

2.7 Product /Service

SIR M VISVESVARAYA INSTITUTE OF

14
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Fig 2.3.1 Artificial grass mat : we are one of the most well-distinguished companies in
the market that are into offering artificial grass mat. Approx price is 65 / square feet color
green pattern grass type usage floor application in home office.

SIR M VISVESVARAYA INSTITUTE OF

15
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Fig 2.3.2: Designer mat : to meet the variegated demands of the clients , our company is
instrumental in offering an excellent quality range of designer mat.
The product approx price is 160 per piece pattern designer slip resistant yes type
household floor mat price range 20 to 180 / piece.

SIR M VISVESVARAYA INSTITUTE OF

16
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Fig 2.3.3: Window roller blind : we are ranked on top by offering the best quality of
window roller blind which is known as for its remarkable finish and quality
Approx price is 150 per /square feet color brown pattern vertical type roller blinds .

SIR M VISVESVARAYA INSTITUTE OF

17
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Fig 2.3.4: Rubber mat : in order to keep pace with never ending demands of the
customers, our company is instrumental in offering rubber mat.
Approx price is 120 per piece type household floor mat material rubber slip resistant yes
price range 20 to 180 per piece.

SIR M VISVESVARAYA INSTITUTE OF

18
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Fig 2.3.5 : Wooden flooring : with the help of our expert team members, we have been
able to provide wooden flooring.

Approx price is 85 for square feet colour brown usage indoor features termite
resistant.

2.8 OWNERSHIP PATTERN:-

Indian carpet designer is Sole Proprietorship firm, Sri. Gangadhar is a Proprietor who
owns the business and controls all the activities of the business.

The Proprietor of the firm was already in the similar business and have the wide
knowledge of carpet Business. The promoter felt that there is a need to have their own

SIR M VISVESVARAYA INSTITUTE OF

19
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

unit established in Bangalore for processing of carpet mats received from quarries, which
can enhance the business prospects of the unit. The Proprietor is credit-worthy and
having good financial background. The experience in carpet Business has prompted
them to establish this unit in the small-scale sector.

SIR M VISVESVARAYA INSTITUTE OF

20
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

CHAPTER-3

MCKINSEY 7S FRAME WORK

CHAPTER 3

3. THE MCKINSEY 7S FRAMEWORK

SIR M VISVESVARAYA INSTITUTE OF

21
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

The McKinsey 7S Framework is a management model developed by well-known business

consultants Robert H. Waterman, Jr. and Tom Peters in the 1980s. This was a strategic vision for
groups, to include businesses, business units, and teams. The 7 Ss’ are structure, strategy,
systems, skills, style, staff and shared values.

The model is most often used as an organizational analysis tool to assess and monitor changes in
the internal situation of an organization.

The model is based on the theory that, for an organization to perform well, these seven elements
need to be aligned and mutually reinforcing. So, the model can be used to help identify what
needs to be realigned to improve performance, or to maintain alignment (and performance)
during other types of change.

7S of McKinsey framework are

1. Structure
2. Strategy

SIR M VISVESVARAYA INSTITUTE OF

22
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

3. Systems
4. Skills
5. Style
6. Staff
7. Shared Value

STRUCTURE

1. Structure: The way the organization units relate to each other. Centralized, functional
divisions (top down); decentralized (the trend in larger organizations); matrix, network,
holding etc.

SIR M VISVESVARAYA INSTITUTE OF

23
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

2. System: The procedure, processes and routines that characterize how important work is
to be done. Financial systems, hiring, promotion and performance appraisal systems,
information systems. Shared values: the interconnecting center of McKinsey’s model is
shared value.

SIR M VISVESVARAYA INSTITUTE OF

24
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

3. STYLE: The leadership approach of the top management and the company is overall
operating approach. The culture of the organization consists of two components:

a. Organizational culture: The dominant values and beliefs, and norms, which develop
overtime and become relatively enduring features of organizational life.

b. Management Styles: More a matter of the managers does then what they say: how
do a company’s managers spend their time, what are they focusing attention on.
Symbolism – the creation and maintenance of meaning is fundamental responsibility
of managers.

STAFF

4 STAFF: The companies people resources and how they are developed, trained, and
motivated. Processes used to develop managers, socialization processes, and way of
shaping basic values of management care, ways of introducing young recruits to the
company, ways of helping to manage the career of employees.

SKILLS

5 Skills: The actual skills and competencies of the employees working for the
company. The company trains the employees on their technological knowledge and
on the working of machinery, etc. They use these skills to improve the production of
the company. On the job and off the job training helps the employees to work
accurately

SIR M VISVESVARAYA INSTITUTE OF

25
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

SKILLS MATRIX :

Employee Administrati Managerial Technical Working Communica Team

Designation onSkill Skill Skill Skill tion Skill work
Skill

General    
Manager

Admin &     
HR

Manager     

Engineerin  
g

Production   

SHARED VALUE

6 Shared Values: Shared values called “super ordinate goals” when the model was first
developed, these are the core values of the company that are evidenced in the
corporate culture and the general work ethic.

7 Strategy: Plans for the allocation of firm’s scarce resources, over time to reach
identified goals, Environment, Competition, customers.

SIR M VISVESVARAYA INSTITUTE OF

26
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

SIR M VISVESVARAYA INSTITUTE OF

27
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

CHAPTER-4

SWOT ANALYSIS

4. SWOT Analysis

SIR M VISVESVARAYA INSTITUTE OF

28
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Internal factor-strength and weakness of the organization

External factor-opportunities and threads of the organization

The main strength, weakness, opportunities and threats of the company have been observed in
studied in organization.

Strength

1. High market potential. Flexible production & design.

2. Suitable to climate conditions.
3. Huge employment opportunities.
4. Needs less investment.

Weakness

1. Underdeveloped infrastructure.
2. Lack of customer feedback system.

SIR M VISVESVARAYA INSTITUTE OF

29
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

3. Low wage structure in handicrafts.

4. Confined mostly to rural areas.
5. Unorganized sector.

Opportunities

1. Deficit balance between supply& demand of Indian handicrafts.

2. Carpet must introducing low skilled labor.
3. Huge inflating rates of raw material.
4. Carpet designer will be better technological support.

Threats

1. Huge demand in domestic as well as international markets.

2. Carpet designer is a low end carpets from china-a tough competition.
3. Backlash because of issues like child labor etc.

SIR M VISVESVARAYA INSTITUTE OF

30
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

CHAPTER-5

FINANCIAL STATEMENT ANALYSIS

5. ABSTRACT OF BALANCE SHEET AND RATIO ANAYSIS

SIR M VISVESVARAYA INSTITUTE OF

31
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

5.1 ABSTRACT OF BALANCE SHEET FOR 5 YEARS INDIAN CARPET

DESIGNER

(Rupees in lakhs)

Description 2011-12 2012-13 2013-14 2014-15 2015-16

Shareholdersfund ;
A.Share capital 854100 854100 2450000 2289200 2400000
B. Reserve & surplus 303474 14492055 11117825 5274734 1708088
1157574 2303305 13567825 75639334 19480888
Loan Fund;
A.Secured loan 1728167 7889560 13718756 13112065 9893216
B. Unsecured loan 0 1695910 0 0 4300309
Total 1728167 9585470 13718756 13112065 14193525
Total 2885741 11888755 27286581 20675999 33674413
Application of fund
Fixsed assest ;
A.Gross block 1814665 10707490 13889782 10635450 17184960
B. less normal 633409 1052886 1988408 1634744 2712668
Less addition 0 871539 0 0 0
Depriciation
C.Net block 1181256 8783065 11901344 8980706 14472297
Current assest ;
Loan & advance
A.Inventories 959232 2713650 4755628 2200129 4848992
B. Sundry debtor 76031 4009980 19485328 15970223 22053108
C. Cash at Bank Balance 1572 506 285986 308694 144690
D. Loan & Advance 1647255 2095794 4711426 3489892 6126424
Total 3373090 8822603 29238368 21968938 33172314
Current Liablities &
Provisions ;
A.Liablities 1698173 5742482 13882927 10289787 13980938
Total 1698173 5742482 13882922 10289787 13980938
7
Net current Assest 1674917 3080148 15355441 11679151 19192276
Miscellaneous 29568 26562 29796 16142 9845
Expenditures

SIR M VISVESVARAYA INSTITUTE OF

32
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Total 2885741 11888775 27286581 20675999 336874413

(P A T)
Profit available For 217324 1144821 581170 3725529 5902985
appropriation

APPROPRITION
Transfer to General 0 0 0 0 0
reserve
Profit Carried Forward 217324 1144821 581170 3725529 5902985

5.2 RATIO ANAYSIS :

5.2.1 GRAPHICAL REPRESENTATION OF RATIOS:

 CURRENT RATIO:

The standard of current ratio 2:1 that is current assets & 1 current liability. According to study
the current ratio for 5 years are as follows.

Current ratio= current ratio/current liabilities

Table showing current ratio status

Particulars 2011-12 2012-13 2013-14 2014-15 2015-16

Current 3444228 8833649 29292975 21917246 32156538

SIR M VISVESVARAYA INSTITUTE OF

33
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

assets
Current 1698173 5742482 13882927 10289787 13980938
liabilities
Ratio 2.02 1.53 2.11 2.13 2.30

current ratio
2.5

1.5

0.5

0
2011-12 2012-2013 2013-14 2014-15 2015-16

current ratio

INTER PRETATION

Hence from the above, we can infer that the financial position of the company was unfavorable
in the year 2012-13

 PROPRIETORY RATIO

The standards of proprietary ratio is less than 1or equal to 1, obviously it cannot exceed 1.
According to study the proprietary ratio for the 5 years are as follows.

SIR M VISVESVARAYA INSTITUTE OF

34
TECHNOLOGY
 ORGANISATION STUDY AT INDIAN CARPET DESIGNER

Proprietary ratio=proprietary fund/total assets

Table showing proprietary ratio

Particulars 2011-12 2012-13 2013-14 2014-15 2015-16

Owners fund 854100 854100 240000 2289200 2400000
Total fund 4625484 17616714 41194319 30897952 46628830
Ratio 0.18 0.04 0.06 0.07 0.05

Chart Title
0.2
0.18
0.16
0.14
0.12
0.1
0.08
0.06
0.04
0.02
0
2011-12 2012-13 2013-14 2014-15 2015-16

Column3

INTERPRETATION

Hence from the above, we can infer that the financial position of the company was favorable

SIR M VISVESVARAYA INSTITUTE OF

35
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

CHAPTER-6

LEARNING AND EXPERIENCE

SIR M VISVESVARAYA INSTITUTE OF

36
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

6. LARNING EXPERIENCE AND BIBLIOGRAPY

6.1 LARNING EXPERIENCE

The project will be provided more learning and experience helped to know about
themanagement practices in theortical knowledge . company helped to gain real life
knowledge about the industrial environment and business practices.

Theproject of service industry and Indian carpet designer in Bangalore it is helped

to understand the future prospects and expectations in the company. Organisational
study helped in understanding about company products and services .

The experience at INDIAN CARPET DESIGNER PVT LTD Bangalore as useful me to

understand the corporate culture of that organisation has carrying through many year.

SIR M VISVESVARAYA INSTITUTE OF

37
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

6.2 BIBLIOGRAPHY

WEBSITE:-

 WWW.INDIANCARPETDESIGNER
 WWW.GOOGLE.COM

SIR M VISVESVARAYA INSTITUTE OF

38
TECHNOLOGY
ORGANISATION STUDY AT INDIAN CARPET DESIGNER

SIR M VISVESVARAYA INSTITUTE OF

39
TECHNOLOGY