INTERNSHIP

22MBAIN307
At
SHRIRAM FINANCE CO LTD
Submitted by
SACHIN GOWDA CV
1BI22BA036

Submitted to
VISVESVARAYA TECHNOLOGICAL UNIVERSITY,
BELAGAVI

In partial fulfillment of the requirements for the award

of the degree of
MASTER OF BUSINESS ADMINISTRATION
Under the guidance of
INTERNAL GUIDE EXTERNAL GUIDE
DR. R P PRAKASH VINAY GOWDA CP
Assistant Professor Assistant Manager
Department of MBA Shriram Finance Co Ltd
Bangalore institute of technology
Bangalore-560004

Department of MBA
Bangalore Institute of Technology
K.R. Road, V.V. Puram, Bangalore-560004
February 2024
 BANGALORE INSTITUTE OF TECHNOLOGY
K.R. Road, V.V. Puram, Bangalore-560004

DEPARTMENT OF MBA

CERTIFICATE

This is to certify that Mr. SACHIN GOWDA CV bearing USN 1BI22BA036 is a

bonafide student of Master of Business Administration of the Bangalore Institute of
Technology, batch (2022-2024) affiliated to Visvesvaraya Technological University,
Belagavi. The Internship report at SHRIRAM FINANCE CO LTD is prepared by me
under the guidance of Dr. R P PRAKASH, in partial fulfillment of the requirements for
the award of the degree of Master of Business Administration of Visvesvaraya
Technological University, Belagavi Karnataka.

Dr. R.P PRAKASH Dr. K. V. DEEPAK DR. ASWATH M U

Internal Guide Head of The Department Principal

Name of the examiners Signature with date

1.

2.
 DECLARATION

I, SACHIN GOWDA CV hereby declare that the report of Internship report at SHRIRAM
FINANCE CO LTD. under the guidance of Dr. R.P PRAKASH, Professor, Department
of MBA, Bangalore Institute of Technology and external assistance by VINAY GOWDA
CP at SHRIRAM FINANCE CO LTD. I also declare that this Internship work
22MBAIN307 is towards the partial fulfillment of the University regulations for the award
of degree of Master of Business Administration by Visvesvaraya Technological University,
Belagavi. I have undergone Internship for a period of four weeks. I further declare that this
Internship is based on the original study undertaken by me and has not been submitted for
the award of any degree/diploma from any other University/Institution.

Place: SACHIN GOWAD CV

Date: 1BI22BA036
 ACKNOWLEDGEMENT

I would like to express my deepest gratitude to everyone who helped me in the completion of the
Internship Report in the given allotted time.

I owe my profound gratitude to my internal guide Dr. R.P. Prakash, Department of Management
Studies, Bangalore Institute of Technology who took keen interest in my work and guided all
along, till the completion of the Internship work by providing all the necessary information.

I thank Sriram Finance Co Ltd., for giving me this opportunity to carry out my project work in
their company. They were more than encouraging and supportive. I owe them a lot for this learning
phase of life, I express my sincere thanks to my external guide Mr. Vinay Gowda Cp at
SHRIRAM FINANCE CO LTD, whose guidance, timely suggestion and encouragement helped
me to complete this project work successfully.

I am grateful for the co-operation and constant encouragement from our Head of the Department
Dr. K. V. Deepak, his regular suggestions made my work easy and proficient.

I would like to thank our principal Dr. ASWATH M.U of Bangalore Institute of Technology for
providing the required facilities and constant support.

Finally, I would like to thank all the MBA faculty members, my parents and friends for helping
me during the period of my project work.
 Table of contents
Sl No. Contents Page No.

Executive Summary

Chapter 1 Introduction about the organization & industry

1.1 Introduction to Industry 1

1.2 Introduction to Organization 1-6

Chapter 2 Organization Profile

2.1 Background 7-8

2.2 Nature of business 9-10

2.3 Vision, mission, quality policy 11

2.4 Workflow model 12

2.5 Product/Service profile 13

2.6 Ownership pattern 14

2.7 Achievements/awards if any 15-16

2.8 Future growths and prospects 17-18

Chapter 3 Mckensy’s 7S framework and Porter's Five Force Model

3.1 McKinsey’s 7’s Framework 19

3.1.1 Strategy 19

3.1.2 Structure 20

3.1.3 Systems 20

3.1.4 Staff 20

3.1.5 Skills 20

3.1.6 Style 21

3.1.7 Shared Values 21

3.2 Porter's Five Force Model 22

3.2.1 Threats of new entrants
22
3.2.2 Threat of Substitute Products
22

3.2.3 Rivalry among existing firms 23

3.2.4 Bargaining Power of Suppliers 23

 3.2.5 Bargaining Power of Buyers 23

Chapter 4 SWOT Analysis 24-27

4.1 Strengths 24

4.2 Weaknesses 25

4.3 Opportunities 26

4.4 Threats 27

Chapter 5 Analysis of financial statements 28

5.1 Balance sheet 28-31

5.2 P/L Statement 32-34

5.3 Ratio Analysis 35-42

Chapter 6 Learning experience 43

Bibliography
 List of Tables

Table Particulars Page No.

No

5.1 Balance Sheet of Shriram Finance

28-31

5.2 Profit/Loss of Shriram Finance

32-34

5.1 Current Ratio 35

5.2 Gross Profit Ratio 36

5.3 Net Profit Ratio 37

5.4 Total Assets Turnover Ratio

38

5.5 Operating Ratio 39

5.6 Quick Ratio

40

5.7 Return On Equity

41

5.8 Cash Ratio 42

 List of Figures/Graphs/Charts

Figures Particulars Page No.

2.1 Work Flow Model

12

3.1 Mckensy’s 7s Framework

19

3.2 Porter’s Five Force Model

22

4.1
24
Swot Analysis

5.1
35
Current Ratio

5.2
36
Gross Profit Ratio

5.3 Net Profit Ratio

37

5.4 Total Assets Turnover Ratio

38
Operating Ratio
5.5
39
5.6 Quick Ratio
40

5.7 Return On Equity

41
Cash Ratio
5.8
42
 Executive Summary

Shriram Finance Limited, a leading non-banking financial company (NBFC), stands as a pillar in
India's financial services sector. Established in 1974 by R. Thyagarajan, the company has evolved
into a financial conglomerate with a diverse product portfolio, including vehicle loans, personal
and business loans, gold loans, fixed deposits, and insurance products.
In November 2022, Shriram Finance Limited was formed through the merger of Shriram
Transport Finance Company Limited, Shriram City Union Finance Limited, and Shriram Capital
Limited. As of June 30, 2023, the company boasts an extensive network of 2,930 branches and a
workforce of 66,343, managing combined Assets Under Management (AUM) worth ₹193,215
crores.
Shriram Finance takes pride in its commitment to inclusion and sustainability, aiming to unlock
value for generations with a customer-centric approach, Shriram Finance is a pioneer in the NBFC
industry, especially in rural areas. The company's core offerings span retail and corporate lending,
asset-based financing, and insurance. Notably, it focuses on providing financing for commercial
vehicles, machinery, and equipment, contributing significantly to the commercial vehicle finance
sector.
Operating under ethical practices and regulatory guidelines, Shriram Finance ensures
transparency, security, and adherence to financial standards. The company has gained recognition
for its commitment to financial inclusion and accessibility, positioning itself as a trusted partner
for individuals and businesses seeking innovative financing solutions.
The guiding philosophy of putting people first has strengthened Shriram Finance's connection
with the grassroots, making it the preferred choice for the underserved
As of now, Shriram Finance continues to expand its product pipeline, aiming for increased
customer acquisition and a leadership position in the NBFC space. With a vision to be the country's
most-preferred financial services destination, the company focuses on delivering delightful
customer experiences through empowered employees.
In summary, Shriram Finance Limited is a dynamic and customer-focused financial institution
with a rich history, diverse product offerings, and a strong commitment to serving the financial
needs of individuals and businesses across India.