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Munner Motors Private Limited - Final 1
Munner Motors Private Limited - Final 1
Munner Motors Private Limited - Final 1
EXECUTIVE SUMMARY
This report is the result of 4 weeks internship. During the internship it was required to
study the organization. Department of the organization and critically relate the theoretical
aspects of the organization to the practical situation. I got an opportunity of getting
practical knowledge about the AUTOMOBILE system in India. So to quench the first of
practical exposure and for the getting the basic knowledge about heavy vehicles I join
MUNNER MOTORS PRIVATE LIMITED. During 4 weeks I gather all necessary
information about MUNEER MOTORS PRIVATE LIMITED.
Effort have been made to complete this report in such a way that activities the salient
features not only for students but also for the layman. I have divided this report into
different chapters.
First chapter is about the introduction of the study. Second chapter is about profile of the
industry. Third chapter is profile of the company/organization fourth chapter is about the
McKinsey’s 7s framework & Michael E porter’s five force model. Fifth chapter is about
the SWOT analysis of an Organization. Sixth chapter is about the analysis of financial
statements. And seventh chapter is about the learning experience and bibliography.
At last must say that this text is designed to stimulate the curious about the management
practices of MUNNER MOTORS PRIVATE LIMITED. And to know the automobile
industry working in India.
CHAPTER 1
DEFINITION:
According to Louis alen “Organization is the process of identifying and grouping work to
be performed, defining ad delegating responsibility and authority and establishing
relationships for the purpose of enabling people to work most effectively together in
accomplishing objectives.
Thus, from the above definitions, it may be concluded that organization is the mechanism
developed by management to unite the efforts of the people (employees) in order to
realize the set objectives.According to wheeler “Internal organization is the structural
framework of duties and responsibilities required of personnel in performing various
functions within the company, it is essentially a blue print for action resulting in a
mechanism for carrying out function to achieve the goals set-up by company
management”.
The study on organization is focused to learn about various activities and functions carried
out in the departments that helps to assess the performance of the organization through
SWOT analysis, 5 Force Model, McKinsey’s 7’S framework and financial analysis of the
company that helps to know the future prospects of the company.
ORGANIZATION
MUNEER MOTORS (PVT LTD), the market leader in Heavy vehicles in India. The
company started manufacturing commercial vehicles in 2012. MUNEER is the leader by
far in commercial vehicle and the second largest in the passenger vehicle market. The
company is the world‘s66th largest medium and light commercial vehicle manufacturing.
MUNEER is best known for heavy vehicles in India, Its automotive division, the
company's oldest unit (founded in 2012).
Today, company operations span 18 key industries that form the foundation of every
modern economy: aerospace, aftermarket, agribusiness, automotive, components,
construction equipment, consulting services, defense, energy, farm equipment, finance
and insurance, industrial equipment, information technology, leisure and hospitality,
logistics, MUNEER MOTORS, formed in 2012 for India's green revolution,
manufactures are planning to introduce electric vehicles across the world to contribute
towards eco-friendly products. The company has facilities located throughout India.
The survey involved gathering wide information about the company, its products,
advertising and sales promotion and impact of various competitive firms on the company.
From the information collected, various aspects were identified where the company needs
to focus more to improve the efficiency of marketing team of MUNEER MOTORS PVT
LTD.
The research was conducted through collection of primary and secondary data. Secondary
data was collected through visiting various web sites, automobile magazines and other
reliable sources. Primary data was collected through a well-framed questionnaire, of
which later a detailed analysis was done using various statistical tools like MS Word and
Excel.
On the basis, the secondary data analysis and the extensive analysis of the primary data,
interpretations were drawn for the questions and conclusion is drawn. Certain suggestions
are also drawn from the analysis to help.
Customer service is the service provided in support of the company’s core products.
Good customer service is the lifeblood of any organization. It generates barriers to
competition, customer loyalty and makes the company’s activities more efficient.
India is expected to become the 11th largest market for Renault by the end of 2013, as per
Mr. Carlos Ghoshn, Chairman and CEO, Renault. India is expected to be a critical global
hub for the firm along with Brazil, Russia and, perhaps, another country in the ASEAN
region.
Additionally, the vision of AMP 2006-2016 aims India "to emerge as the destination of
choice in the world for design and manufacture of automobiles and auto components with
output reaching a level of US$ 145 billion accounting for more than 10 per cent of the
GDP and providing additional employment to 25 million people by 2016."
Moreover, the introduction of alternative fuels like hydrogen and bio fuels needs to be
promoted to ensure sustainability of the industry over the long term.
To understand how the key business processes are carried out in an organization.
SECONDARY OBJECTIVES
In addition to the above stated objectives, an insight into the following fields wasalso an
important aspect of the study. These include: identifying trade fair as an important
promotional tool and understanding the ways of dealing with various customer problems.
The scope of the study is confined to MUNNER MOTORS PRIVATE LIMITED with
respect to start. This project throws light on the welfare and safety measures provided in
Ashok Leyland Limited. It also reveals the awareness and satisfaction of employee with
safety and welfare schemes. It also necessary to know the employee satisfaction about the
safety and welfare measures of the organization for the purpose of achieving their goals.
The study undertaken at MUNNER MOTORS PRIVATE LIMITED seeks answer to the
mentioned objectives, although the scope is limited to a particular sample size. The
findings of the study will also helpful to the future research students also want to know
more about in an organization.
The success of a research depends largely on the methodology used. The appropriate
methodology will improve the validity of the findings. The following methodologies were
adopted for the study.
Descriptive Research
Exploratory Research
DESCRIPTIVE RESEARCH
In this project, Descriptive research has been used. Descriptive research includes survey
and fact findings enquiries of different kinds. The major purpose of descriptive research is
description of the state of affairs, as it exists at present. The main feature of this method is
that the researcher has no control over the variable; he can only report what has happened
or what is happening. The methods of research utilized in descriptive research are survey
of all kinds; it is concerned with the research studies with a focus on the portrayal of the
characteristic of a group or individual or a situation. The main objective is to acquire
knowledge.
EXPLORATORY RESEARCH
Exploratory research is often qualitative and primary in nature. However, a study with a
large sample conducted in an exploratory manner can be quantitative as well. It is also
interpretive research or a grounded theory approach due to its flexible and open-ended
nature.
1. Primary Data
2. Secondary Data
Primary Data:
Primary data were collected through observation, personal interview, discussion with
managers and employees of the various departments of the organization.
Secondary Data:
Secondary data were collected through literature review which includes company’s
internal records, publications, annual reports,
journal, statutory report, websites (official and others) etc.
Weblogs
For the purpose of my study I have collected both the sources of data namely
Primary dataand Secondary data
The primary data was collected by interacting with the employees. The data
collected was original and reliable data.
Observation method
The secondary data was collected by using websites, Magazines and Journals.
There were limitations in conducting the organization study at Muneer Motors Pvt
ltd.
The organizational study was completed within giving a time frame work
There were difficulties to obtaining the data from employees and managers
because of their busy workschedule
The company has the limitations to discord their financial statements; detailed
analysis of financial statements is not possible.
CHAPTER 2
The Indian automotive industry has emerged as a 'sunrise sector' in the Indian economy.
India is emerging as one of the world's fastest growing passenger car markets and second
largest two wheeler manufacturer. It is also home for the largest motor cycle
manufacturer and fifth largest commercial vehicle manufacturer.
India is emerging as an export hub for sports utility vehicles (SUVs). The global
automobile majors are looking to leverage India's cost-competitive manufacturing
practices and are assessing opportunities to export SUVs to Europe, South Africa and
Southeast Asia. India can emerge as a supply hub to feed the world demand for SUVs.
India also has the largest base to export compact cars to Europe. Moreover, hybrid and
electronic vehicles are new developments on the automobile canvas and India is one of
the key markets for them. Global and Indian manufacturers are focusing their efforts to
develop innovative products, technologies and supply chains.
The automotive plants of global automakers in India rank among the top across the world
in terms of their productivity and quality. Top auto multinational companies (MNCs) like
Hyundai, Toyota and Suzuki rank their Indian production facilities right on top of their
global pecking order.
Key statistics
The amount of cumulative foreign direct investment (FDI) inflow into the automobile
industry during April 2000 to January 2013 was worth US$ 7,653 million, amounting to
4per cent of the total FDI inflows (in terms of US$), as per data published by Department
of Industrial Policy and Promotion (DIPP), Ministry of Commerce.
The Indian small and light commercial vehicle segment is expected to more than double
by 2015-16 and grow at 18.5 per cent compound annual growth rate (CAGR) for the next
five years, according to a report titled, 'Strategic Assessment of Small and Light
Commercial Vehicles Market in India' by Frost & Sullivan.
The light commercial vehicles (LCV) market - both passenger and goods carrier is
estimated to register a sales growth of around 20 per cent during FY 2015-FY 2022, as
per a RNCOS report titled, "India LCV Market Outlook".
India is the world's second-largest heavy commercial vehicle market. The RNCOS report,
"India MCV and HCV Market Outlook", observed that infrastructure boom and
emergence of hub and spoke model, among other factors have given a new dimension to
the medium and heavy goods carrier commercial vehicles' sector in India. It is anticipated
that the sales of medium and heavy commercial (M&HC) goods carriers will increase at a
CAGR of more than 10.5 per cent during 2012-15 to 2016-22.
In another RNCOS research report, "Indian Automobile Sector Analysis", the production
of passenger vehicle is forecast to grow at a CAGR of around 11 per cent from 2012-13
to 2021-22, And domestic volume of sales at a CAGR growth of around 12 percent..
Graph No1: Number of Automobiles produced in India over last five years.
CHAPTER 3
A Muneer Motors has been a major presence in India’s commercial vehicle industry since
2012, the year it was born. The origin of Ashok Leyland can be traced to the urge for self-
reliance, felt by independent India. Pundit Jawaharlal Nehru, India's first Prime Minister
persuaded Mr. Raghunandan Saran, an industrialist, to enter automotive manufacturing.
They are one of the India’s leading manufacturers of commercial vehicles and special
vehicles, engines for industrial purpose, gen sets and marine requirement equipment’s.
For over five decades, Ashok Leyland has been the technology leader in India’s
commercial vehicle industry, molding the countries commercial vehicle profile by
introducing technologies and product ideas that have gone on to become industry norms.
Ashok Leyland at the time of its inception was known as Ashok Motors. It was
assembling Austin cars at the first plant, at Ennore, near Chennai. In 1950, the company
started assembly of Leyland commercial vehicles and soon the local manufacturing under
license from British Leyland; participation in the equity capital, in 1954, the company
was re christened Ashok Leyland.
The subsidiary holdings are Ashley Holdings Ltd., Ashley Investment Ltd., and Ashok
Leyland Project Services. The chief competitors of the company are;
1. Mahindra
2. Volvo
3. Tata Motors
With a commanding strength of the about 12,000 employees the company is looking
forwards to enhance the scope of its action. It is aiming at expanding its production
operation overseas to make it a more globally accessible company. It is looking to acquire
a small to medium sized commercial vehicle manufacturers in China and otherdeveloping
nations, which have an established product line. An example would be the 2007
acquisition of the Czech based Avian truck business rechristened Avian Ashok Leyland
Motors.
Since its inception, Ashok Leyland has been a major presence and these years have been
punctuated by a number of technological innovations which went to become industry
standard. This tradition of technological innovations and leadership was achieved through
years of vigorous in-house research and development.
From 18 seater to 82 seater double-decker buses, from 7.5 tons to 49 tone in haulage
vehicles, from numerous special application vehicles to diesel engines for industrial,
marine and genet applications, Ashok Leyland offers a wide range of products.
Heavy Vehicles Market in India comprises of trucks, Machines, Ambulances, and School
Buses. The popular heavy vehicle brands in India are Volvo, Eicher, Tata, Telco, Ashok
Leyland, Bajaj Tempo, and Swaraj Mazda.
Following are the major players in the Indian heavy vehicles market:
Tata Motors Limited: Began its heavy vehicles manufacture in 1983. In 2005 it
manufactured 'Tata Ace' a mini truck. Heavy vehicle brands under its banner are
Novus trucks, Star bus and Globus buses, and defense vehicles.
Swaraj Enterprise Limited: It is known for its tractor manufacture both in India
as well as USA. Swaraj Mazda Limited was promoted in 1983 and today it is a
large manufacturer of heavy vehicles. Some of its products are school buses, CNG
buses, fire brigades, ambulances, etc.
Force Motors Limited: Formerly known as Bajaj Tempo Limited, Force had
started operating in 1950 and has been successfully manufacturing heavy
commercial vehicles along with other vehicles since then. Its operations are at
Pithampur and Akurdi.
COMPANY PROFILE:
COMPANY DETAILS
CIN U29299KA2008PTC047517
ROC BANGALORE
BOARD OF DIRECTORS:
The longest serving director currently on board is Aleem Syed Ahamed who was
appointed on 20 August, 2008. Aleem Syed Ahamed has been on the board for more than
14 years. The most recently appointed director is Syed Nayeemuddin, who was appointed
on 25 July, 2011.
Nazimuddin Syed has the largest number of other directorships with a seat at a total of 4
companies. In total, the company is connected to 5 other companies through its directors.
Muneer Motors are presently engaged in manufacture and sale of commercial vehicles.
The Company also manufactures engines for industrial and marine applications forgings
and casting. Its products include buses trucks engines defense and special vehicles. From
18 seater to 82 seated double-decker buses from7.5 ton to 49 ton in haulage vehicles from
numerous special application vehicles to diesel engines for industrial marine and genet
applications Ashok Leyland offers a range of products.
Since then Muneer Motors has been a major presence in India's commercial vehicle
industry with a tradition of technological leadership, achieved through tie–ups with
international technology leaders and through vigorous in–house R&D. Access to
international technology enabled the Company to set a tradition to be first with
technology. Be it full air brakes, power steering or rear engine busses, Ashok Leyland
pioneered all these concepts. Responding to the operating conditions and practices in the
country, the Company made its vehicles strong, over–engineering them with extra
metallic muscles. 'Designing durable products that make economic sense to the consumer,
using appropriate technology', became the design philosophy of the Company, which in
turn has molded consumer attitudes and the brand personality.
The major activities of this company as per the listed official records are #Manufacture of
other special purpose machinery, equipment,Manufacturing of other special purpose
equipment i.e. including part and accessories,Manufacturing of other special purpose
machinery, i.e. including part and accessories,Other special purpose equipment’s.
Muneer Motors Private Limited is one of the leading manufacturer companies of high
quality products / business services such as Passenger Buses, City Bus, School Bus,
Mining and Construction Truck,
COMPANY NETWORK
Muneer motors private limited have widest network over the country and they provide to
heavy vehicles to the market. And that company wants to make sustainable in the market
of their strong network.
And that company provides all the heavy vehicles for the transportation of heavy raw
materials and mining purpose. Make sure that in future they were planning to establish
their business in to worldwide.
Following are the major players in the Indian Heavy Vehicles Market:
Eicher Motors was initiated in 3rd September, 1960. The first firm to manufacture
the first tractor in India. The indigenously manufactured tractor was introduced in
the Indian market straight from Eicher’s Faridabad factory. The history of the firm
can be traced back to 1948, when Good earth Company was established for
vending and repairs of imported tractors in the nation.
Swaraj Mazda, a tie up between Mazda and Swaraj Enterprise, Swaraj Mazda
represents advanced Indian expertise and manufacturing. The firm has Research
and Development improvement edge on international scale. The firm
manufactures various products such as Bus, Ambulance, and Trucks etc.
VISION
MISSION
The quest for excellence is to be augmented by our people and their pride in belonging to
through team work, change in mind set and operational efficiency. Our brand name is to
gain market recognition and become competitor’s envy and customer delight.
QUALITY POLICY
Towards this, the quality policy of Muneer Motors is to make continual improvements in
the processes that constitute the quality management system, to make them more robust
and to enhance their effectiveness and efficiency in achieving stated objectives leading to
Muneer Motors Pvt Ltd offers a better quality sales and services for the customers and
Product profile can be broadly split into five categories viz. Buses, Trucks, defense
vehicles, special Vehicles and Engines.
1. BUSES
TYPES OF BUSES
3. TRUCKS
TYPES OF TRUCKS
3. DEFENCE VEHICLES
4. SPECIAL VEHICLES
Particulars % Shareholding
Individuals 2.87% ( owners of the company)
Government -
Government companies -
Banks -
Mutual funds -
Foreign holding -
Muneer Motors expects the commercial vehicle industry to grow at a fast pace in the
coming quarters, with economic activity gaining momentum and demand picking up
across segments
And also trying to expand their business for overall Karnataka and also maintain the good
quality products and services for the customers in the coming years.
CHAPTER 4
MCKINSEY’S 7s FRAMEWORK
INTRODUCTION:
First introduced by Tom Peters and Robert Waterman in their bestselling book “In search
of excellence”, 7 S framework is strategic tool to better understand and analyze the
complexity of an organization. The McKinsey 7S model provides a multidimensional
framework to analyze the current state of an organization and where it can make changes
to achieve the desired objectives. In essence McKinney 7S framework is a strategic
planning tool.
MEANING:
Robert Waterman, Richard Pascal and Tom Peters introduced the concept of 7s
framework in the year 1970. They were employed as consultants in McKinsey Consulting
firm at that time. Thus, the tool was named McKinsey 7s model.
STRATEGY:
MuneerMotors needs to build a balance between short run cost savings and protecting its
core competitive advantage. Customers perceive Ashok Leyland products and services to
deliver ‘value for money’ proposition plus a bit extra. In its zest to gain more market
share through competing on prices, Muneer Motors should avoid cutting costs that can
result in inferior product and service delivery.
STRUCTURE:
The pandemic has questioned the current structure and supply chain management of the
company.Reduce the dependence on China – As the trade war between US and China is
getting aggressive, it should reduce its dependence on supply chain emerging out of
China. This will help the organization to diversify risks, avoid regulatory problems etc.
SYSTEMS:
Muneer Motors needs to put in place robust system for “work from home” employees so
that there can be greater interaction among the employees both online and in physical
environment. It will not only improve productivity but also increase the data security and
cyber security.
STAFF:
Some of the steps Muneer Motors can take in to improve the human resources are Open
chats for the people to approach people at various levels in the hierarchy. It will not only
help the top management to directly interact with the people below but also help in
building an open and transparent culture.
SKILLS:
Muneer Motors can build a structured training and development program for people
working from remote locations.
Muneer Motors can hire fresh talent as more and more people are leaving their existing
jobs because they are not challenging them enough.
STYLE:
Leaders should pursue collaborative and inclusive form of leadership. Leaders should
build smaller teams as part of larger teams.
SHARED VALUES:
The organization has built a successful business model based on its core values, vision
and mission. It doesn’t have to change much in the shared values segment. One area
where it can focus more is – sustainability. Investors are putting a lot of stress on
Environmental, Societal, and Governance issues, so it can bring more transparency
Porter's five forces analysis is a framework that attempts to analyze the level of
competition within an industry and business strategy development. It draws upon
industrial organization (IO) economics to derive five forces that determine the
competitive intensity and therefore attractiveness of an Industry. Attractiveness in this
context refers to the overall industry profitability. An "unattractive" industry is one in
which the combination of these five forces acts to drive down overall profitability.
Porter referred to these forces as the micro environment, to contrast it with the more
general term macro environment. They consist of those forces close to a company that
affect its ability to serve its customers and make a profit.
A change in any of the forces normally requires a business unit to re- assess the
marketplace given the overall change in industry information. The overall industry
attractiveness does not imply that every firm in the industry will return the same
profitability. Firms are able to apply their core competencies, business model or network
to achieve a profit above the industry average. A clear example of this is the airline
industry. As an industry, profitability is low and yet individual companies, by applying
unique business models, have been able to make a return in excess of the industry
average.
Porter's five forces include – three forces from 'horizontal' competition: the threat of
substitute products or services, the threat of established rivals, and the threat of new
entrants; and two forces from 'vertical' competition: the bargaining power of suppliers and
the bargaining power of customers.
Porter developed his five forces analysis in reaction to the then-popular SWOT analysis,
which he found rigorous and Porter's five forces is based on the structure– conduct–
performance paradigm in industrial organizational economics. It has been applied to a
diverse range of problems, from helping businesses become more profitable to helping
governments stabilize industries. Other Porter strategic frameworks include the value
chain and the generic strategies.
Muneer Motors is the most markets, the capital and expertise needed to setup an auto or
parts manufacturing facility would be a great enough barrier to entry to prevent many new
entrants from setting up.However, given India's incredible growth forecasts, infrastructure
progress (especially new and better roads), and ever-expanding financing options to rural
residents, the market is attractive. As such, we expect the threat of new entrants to be
high.
Buyers in India have a wide variety of choice. There are more than 20 foreign
manufacturers selling in India (including ultra-high-end such as Ashok Leyland and Tata
motors). Of course there are also a plethora of incredibly cheap choices, like the famous
Tata Nano.
4. THREAT OF SUBTITUTES:
India is famous for its Heavy vehicles (cars and Lorries) and three-wheelers. These
are very real and obvious threats to auto manufacturers
5. INDUSTRY RIVALARY:
The amount of rivalry amongst competitors in India is high. The industry is not yet
in it shake-out phase and is still struggling to find the up-and-coming stars and
possibly topple the leaders.
CHAPTER 5
SWOT ANALYSIS
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organizational level to determine how closely a business is aligned with its growth
trajectories and success benchmarks.
STRENGTHS
Skilled Employees
WEAKNESSES
Environmental conditions.
OPPORTUNITIES
Demand for heavy vehicle has stepped up all over the globe.
THREATS
High competition
CHAPTER 6
FINANCIAL STATEMENT
Particular Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018
CONTINUING OPERATIONS
Changes in inventory - - - - -
Total revenue less total expenses 760465.09 571059.10 1086418.04 308013.00 377146.00
Extraordinary items - - - - -
BALANCESHEET
Particular Mar2022 Mar2021 Mar2020 Mar2019 Mar2018
Equity liabilities
Shareholders’ funds
Noncurrent liabilities
Current liabilities
AssetNoncurrent assets
Fixed assets
Capital - - - - -
Work in progress
Intangible assets - - - - -
Under development
Current asset
inventories - - - - -
FINANCIAL RATIOS
PARTICULARS 31MAR, 31MAR, 31MAR, 31MAR, 31MAR,
Leverage ratios
Liquidity Ratio
Performance Ratios
Receivables Outstanding 0 2 16 36 23
RATIO ANALYSIS
LIQUIDITY RATIO:
Liquidity ratios helps to determine how a company quickly can convert the assets and use
them for meeting the dues arise in future course of business. The higher the ratio
represents ability of firms clear the debts and avoid defaulting on payments. 1 If it is more
than it is good usually investors and creditors look above 2
8000000
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
1 2 3 4 5
Interpretation:
From the above ratio it can be analyzed with the comparison of five financial years
liquidity ratio in the year of 2022 To 2018 is 1.
ALLUM KARIBASAPPA INSTITUTE OF MANAGEMENT, BALLARI Page 36
A STUDY OF MUNNER MOTORS PRIVATE LIMITED
QUICK RATIO:
The quick ratio is considered a more conservative measure than the current ratio, which
includes all the all current assets as coverage for current liabilities. The higher the ratio
result, the better a company’s liquidity and financial health; the lower the ratio, the more
likely the company will struggle with paying debts. A quick ratio of above 1 is deal.
Quick ratio
8000000
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
1 2 3 4 5
Interpretation:
From the above ratio it can be analyzed with the comparison of five financial year’s
quick ratio in the year of 2022 is 0.0350 and 2021 is 0.0837 and 2020 is 0.1710 and 2019
is 0.106 and 2018 is 0.1402.
8000000
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
1 2 3 4 5
Interpretation:
From the above ratio it can be analyzed with the comparison of five financial year’s
financial leverage ratio in the year of 2022 to 2018 is 1.
PROPRIETARY RATIO:
Proprietary ratio represents portion of shareholders equity to total assets of company.
Ratio signifies capitalization of business ideal ratio is 0.5 if it is equal to 0.5 equal debt
and equity in capital structure, and if ratio less than 0.5 debt funds are more than equity in
capital structure.
TOTAL
YEAR EQUITY TOTAL ASEETS OUTPUT AMOUNT
8000000
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
1 2 3 4 5
Interpretation:
From the above ratio it can be analyzed with the comparison of five financial year’s
proprietary ratio in the year of 2022 is 1. And 2021 is 1. And 2020 is 1.0163. And 2019 is
0.867. And 2018 is 1.
DEBT RATIO:
The term debt ratio refers to a financial ratio that measures the extent of a
company’s leverage. The debt ratio is defined as the ratio of total debt to total
assets. Expressed as a decimal or percentage. It can be interpreted as the
proportion of a company’s assets that are financed by debt.
8000000
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
Interpretation:
From the above ratio it can be analyzed with the comparison of five financial year’s Debt
ratio in the year of 2022, 2021, 2019, 2018 is 1. And 2020 is 1.016378829
CHAPTER 7:
LEARNING EXPERIENCE
The one month internship at Muneer Motors Pvt ltd.Halakundhi, the branch was a very
good learning experience. It helped me to integrate theoretical knowledge which I studied
in classrooms with real time practice in the corporate world.
The study includes the brief study of the core departments of Muneer Motors private
limited. Different officials working in various departments have provided very important
data in this report. Every effort has been made to understand the functions and activities
of various departments as well as the manufacturing process.
BIBLIOGRAPHY
BOOKS:
LINKS
www.ashokleyland.com
en.m.wikipedia.org/wiki/Customer service
https://www.justdial.com/jdmart/Hospet/Muneer-Motors-Pvt-Ltd-Hospet-City/9999P8394-8394-
140418114157-J4H9_BZDET/catalogue
https://www.dealerservicecenter.in/list/truck/ashok-leyland/karnataka/bellary/muneer-
motors-pvt-ltd/1824078
https://www.zaubacorp.com/company/MUNEER-MOTORS-PRIVATE-LIMITED/
U29299KA2008PTC047517