A

PROJECT REPORT
ON
Working Capital Management
A Project report submitted in fulfilment of the
requirements for the award of Degree of
MASTERS OF BUSINESS
ADMINISTRATION
Submitted By:
G RITIKA
(H.T.NO.132122672104)
Under the guidance of
Mrs Syeda Rubia Sumain
(Assistant Professor)

SAI SUDHIR P.G. College

(Affiliated to OSMANIA UNIVERSITY)
B-8/12, E. E. Complex, ECIL ‘X’ Roads,
Hyderabad – 500062
(2022 – 2024)
 DECLARATION

I hereby declare that this Project Report titled

“A STUDY ON WORKING CAPITAL
MANAGEMENT – A CASE STUDY OF
SELECT COMPANIES”, prepared and
submitted by me to the Department of
Commerce, Osmania University, Hyderabad,
under the guidance of Assistant Professor Mrs
SYEDA RUBIA SUMAIN , is a bonafide work
undertaken by me and it is not submitted to
any other University or Institution for the
award of any degree/diploma certificate or
published any time before.

Place :
Date :
 ACKNOWLEDGEMENT

I take this opportunity to extend our profound

thanks and deep sense of gratitude to all the
respondents of our survey for giving me the
opportunity to undertake this project work.

My sincere thanks to Chairperson Smt. R.

Usharani, Principal Mrs Dr. L. Padma and my
project guide Mrs Syeda rubia sumain . I
would also like to acknowledge Sai-Sudhir PG
College and the faculty members who have
extended their support at all the stages of our
project.

I am also thankful to all those who have

incidentally helped us, through their valued
guidance, co-operation and unstinted support
during the course of our project.
 CONTENTS

CHAPTER CHAPTER NAME PAGE NO.

INTRODUCTION

 Introduction
I  Need of the study 1-6
 Objectives of the study
 Scope of the study
 Research methodology
 Limitations of the study

THEORETICAL FRAMEWORK
II 7-10

III INDUSTRY PROFILE& 11-24

COMPANY PROFILE

DATA ANALYSIS AND

IV 25-48
INTERPRETATION

FINDINGS,

V CONCLUSIONS& 19-51
SUGGESTIONS

BIBLIOGRAPHY 52
 CHAPTER-I
INTRODUCTION
 INTRODUCTION

Gross Working Capital Is the Aggregate sum Accessible for Supporting of current
resources. Nonetheless, it doesn't uncover the genuine monetary place of an endeavor.
How? A getting will increment current resources and, in this way, will increment
gross working capital be that as it may, simultaneously, it will increment current
liabilities too. Gross working capital alludes to the association's interest in the
ongoing resources and incorporates cash, transient protections, borrowers, charges
receivables and inventories. It is important to focus on the way that the interest in the
ongoing resources ought to be neither over the top nor deficient. WC necessity of a
firm continues to change with the adjustment of the business movement and
subsequently the firm should be in a situation to figure out some kind of harmony
between them. The monetary administrator ought to know where to source the assets
from, in the event that the need emerge and where to put resources into instance of
abundance reserves. The idea of gross working capital alludes to the all out worth of
current resources. In any case, it doesn't uncover the genuine monetary place of an
endeavor. How? A getting will increment current resources and, subsequently, will
increment gross working capital yet, simultaneously, it will increment current
liabilities moreover.

1
NEED OF THE STUDY:

1. The task work is finished for breaking down the monetary place of the Berger
paints.

2. The examination of the monetary position gives a superior image of the monetary
place of the association to take better choices.

3. Working capital aides the board and the administration to seek after targets that are
in light of a legitimate concern for the organization.

4. The review is additionally helpful to representatives and offers inspiration by

sharing how they are contributing for the organization's development.

5. This study is additionally advantageous to top administration of the organization

by giving pertinent data in regards to significant angles like current resources, current
liabilities and liquidity position.

6. The records receivable ought to be gathered on time and records payable ought to
be paid when due immediately.

7. Money ought to be accessible as and when expected alongside some pad.

2
OBJECTIVE STUDY:

1. To assess the functioning throughout the course of recent years.

2. To assess the liquidity position at the Berger paints.

3. To concentrate on legitimate blend of present moment and long haul funding for
current resources.

4. It implies unrefined substance available on the necessity and it ought not be a

reason to stoppages of creation.

5. To know efficiency of inventory turnover.

6. To give suggestions if any

3
 SCOPE OF THE STUDY :

Current review will uncover the monetary exhibition covering absolutely

monetary information provided by the organization's fiscal summaries through
working capital administration. The functioning capital is an investigated monetary
information alongside understanding.

4
RESEARCH METHODOLOGY:

The Data has been collected primarily from secondary sources for this study.

1) Primary information

2) Secondary information

1) Essential information: It is reference. In the review, it predominantly meets the

concerned officials and staffs data had been confirmed or enhanced with work force
interview with the officials of the Berger paints.

2) Auxiliary information: The currently distributed sources, for example, yearly

reports, inside records, references from course books and diaries connecting with
monetary administration and company. Apparatuses FOR Information Investigation
eports distributed by the organization. Information was introduced by tablular and
graphical portrayal. Liquidity ratios were utilized to ascertain the information.

5
LIMITATIONS OF THE STUDY

1. The review depends essentially on optional information.

2. Since the review is restricted to just couple of angles like credits and advances, so
the general execution of the organization can't be estimated precisely.

3. Here, the estimations are approximated.

4. The precision of the outcomes is exposed to the exactness of the information

outfitted by the yearly reports

5. For the review is of just 5 years simply reliant upon the information.

6. The approach for the review incorporates just the yearly report examination.

7. The investigation has been finished from past information yearly report of Berger
paints.

6
 CHAPTER-II

THEORETICAL FRAMEWORK

THEORETICAL FRAMEWORK

Working capital means the assets accessible and utilized for

everyday activities of an endeavor. It comprises extensively of
that part of resources of a business which are utilized in or
connected with its ongoing tasks. Proficient a fundamental pre-
imperative for the fruitful activity endeavor and working on its
pace of return on the capital put resources.

Administration:

• Cash The executives

• Stock Administration • Receivables The executives

• Payables The executive

 A.Based on PERIODICITY: as under:

1)Extremely durable working capital: This alludes to that

base measure consistently to complete least degree of
business exercises. The Tandon Panel has alluded to as

―Core current resources. Additionally be separated as under:

I) Standard measure course. Is important,

compensations.

ii) Hold Edge Working capital: Extra working capital may

likewise be expected for possibilities that might emerge any time.
The save working capital is the abundance of capital over the
requirements of the normal working capital is saved aside as hold
for possibilities, for example, strike, Business sorrow and so on.

2)Variable or Impermanent Working Capital: how much

such working capital continues to change now and again
based on business exercises, it addresses extra current
resources expected at various times year. Deals during
top deals period. Likewise be partitioned sub-gatherings:
 I) Occasional Variable Working capital

ii) Unique variable working capital

1)Alludes to add up to interest in current resources. The

ongoing resources utilized in business give the thought
regarding the use of working capital and thought regarding
the financial place of the organization. Gross working capital
idea is well known and adequate idea in the field of money.

2)Current resources short current liabilities. The contrast

between current resources and current liabilities is known as
the net working capital. Assuming that the net working
capital is positive, business can meet its ongoing liabilities.
Net working capital idea gives the estimation to deciding the
reliability of organization.

Factors Deciding Working Capital The accompanying variables

decide the necessity of working capital

1. Nature of Organizations: Needs for working not entirely

set in stone by the idea of an undertaking. Little
organizations have more modest extents of money,
receivables and stock than huge company. This
distinction turns out to be more set apart in enormous
 organizations. A public utility, for instance, for the most
part utilizes fixed resources in its tasks, while a
marketing division relies by and large upon stock and
receivable.

2. Nature and Size of Business: of various merchandise to

fulfill the fluctuated and proceeds with request of their
clients.

3. Time: The degree of working capital relies on the time

expected to assembling products.

4. Volume of Deals: The main variable influencing the size

and parts of working capital. The volume of deals and
functioning straightforwardly connected with one
another. Deals increment, expansion in the speculation
expense of activities.

5. Terms of Buys and Deals: Assuming that the credit terms

of buys are better and those of deals liberal, less money
will be put resources into stock.

6. Business Cycle: Business grows during times of thriving

and declines during the time of sorrow.

7. Liquidity and Productivity: Assuming that it is keen on

working on its liquidity, it can expand the level of its
functioning capital.
A firm ought to pick either liquidity and benefit and make a
choice about its functioning capital prerequisites likewise. Rao
and Rao (1991) in their review among a couple of public ventures
having a place with assembling area in the province of Karnataka,
have endeavored to test in to the limit of the different procedures I
assessing working capital effectiveness of business undertakings.
The review uncovered that the venture working capital was
significantly high when contrasted with the all out speculation.

The Tandon Advisory group standards were viewed as yielding

improved results among the reviewed organizations. In any case,
the concentrate additionally

Uncovered that the functioning capital preparation and control

was viewed as muddled and ineffectual and subsequently, the
earnest requirement for full spotlight on working capital
administration. Singh (2004) concentrate on Working capital in
Lupin Research facilities Ltd. Endeavored to survey the meaning
of the board of working capital through working capital ratio and
working cycle.

Having dissected seven years information (1995 – 2002), he

inferred that the liquidity position of the organization was great,
mean level of current resources was exceptionally high when
contrasted with the level of net fixed resources and the working
cycle showed declining pattern. The component wise examination
of working capital additionally uncovered that exchange account
holders comprised the most elevated level of current resources
followed by credit and advances, inventories and money and bank
adjusts.

Parasuraman (2004) concentrate on endeavors to comprehend the

connection between credit period given by organizations and their
genuine exhibition regarding deals and productivity. He has
additionally endeavored to find normal degree of other key
monetary boundaries associated with working capital
administration. Having laid the accentuation on Indian Drug
organizations, he figured out that driving organizations have
utilized more noteworthy turning out capital for improving
benefit. The concentrate likewise uncovered the days deals
exceptional had gone up in the example organizations.

The review deduced that the top drug store organizations

techniques on their functioning capital strategy to unwind the
credit strategy to accomplish more noteworthy deals and more
noteworthy benefits. Arindam Ghosh (2007) “Working Capital
Administration Practice in a few chose ventures in India – A
contextual analysis of effect ratios on benefit in Concrete
Industry”. The review which endeavored to look at administration
concrete organizations during 92-93 to 2001-02.

Thappa Sankar (2007) centers around the significance of

legitimate working capital administration of Sun Drug
Organization. The paper illuminates the ideas of working capital,
working capital approach, parts of working capital and elements
influencing working capital in the Sun Pharma Enterprises Ltd
during the most recent five years, and distinguishes specific
variables which are answerable to improve

Working capital of the organization.

The article closes to the Organization that on the off chance that
good degree of working capital isn’t kept up with, the
organization would become bankrupt. Kushwah, Mathur
&Ball(2009).

CHAPTER-III
INDUSTRY PROFILE &
COMPANY PROFILE
 COMPANY PROFILE

Established in 1923, Berger Paints India Restricted (in the future alluded to as
Berger), has constructed a 'heritage' to turn into a leading paint producer in India and
is one of the main 15 worldwide paint organizations regarding income. We are
bringing hassle free home painting administrations that changes each home, while
keeping our clients protected and agreeable. Throughout the long term, we have
acquired the trust of our partners, including providers, sellers, clients, vendors,
shoppers, workers and investors which has filled in as the groundwork of our drawn
out organizations, as we keep on thriving in the powerful paint industry. With 25
assembling plants (counting plants of auxiliaries) in India, alongside two in Nepal,
one each in Poland and Russia, we guarantee opportune stock and predominant
quality items. Our container India presence is fortified by a hearty dispersion
organization of north of 60,000 vendors and retailers and 184 stock stations, which
empowers us to arrive at clients across private, business and modern areas.
Today, we offer a different arrangement of excellent paints for both modern
and enhancing use, alongside creative arrangements, for example, waterproofing and
express canvas administrations. With development at the front line and scaling the
business to have an enduring effect on the world, we have taken huge steps for the
most recent few decades. This has supported us in fostering an imaginative product
offering up, finding some kind of harmony between keeping our clients cheerful and
financial backers enchanted. At Berger, we have consistently strived to entwine the
supportability plan into our business goals and considered maintainability center a
vital driver of long haul esteem creation.
For the benefit of the Board and the whole administration group at Berger, I'm
profoundly thankful to every one of you for being a piece of our groundbreaking
process for almost a long period. As we consider Berger's excursion across many
years and its significant effect on India's paints and coatings industry, we are loaded
up with trust, positive thinking and a profound feeling of obligation to maintain the
heritage.
I have had the honor of being a piece of this excursion starting around 1991,
when I took over as the Director of Berger Paints to assist with graphing its excursion
to significance.
 We had sincerely committed to a responsibility then to endeavor to meet the
ever evolving needs of our clients, regardless of what the difficulties. This expected
us to be at the vanguard of advancement, quality affirmation, and consumer loyalty in
the business.
Our progress in reliably meeting client assumptions has been the chief
justification for our proceeded with outcome in such a long time. In this cycle, we
have been helped by many exceptionally energetic and serious colleagues, who went
past their extraordinary mission at hand to demonstrate their value and arise as the
main impetus of the association.
It has hence been an issue of extraordinary pride for me to have managed the
thirty years during which Berger rose from being the loafer No. 5 in the Indian paint
industry to being among the four biggest paint organizations in Asia and among the 7
biggest beautifying paint organizations on the planet. Together, we painted Berger's
lively story of development.
Presently coming to the higher perspective that unfurled before us in FY23,
the Indian economy has without a doubt endured the worldwide log jam far superior
than numerous different economies of tantamount size and haul. At Berger, we
watched out for our development pipeline, both for sending off new items and for new
administrations, and have been very effective in bringing to the market a wide exhibit
of fruitful arrangements.
Given the condition of the world economy and the full scale financial climate,
we were aware of the should be monetarily mindful even as we benefited from all
suitable open doors for development. Different measures were taken to hold working
costs under control and to keep up with our record of productive development. This
was upheld by dispatches of well-informed and imaginative items, client amicable
administrations, improved item definitions, profoundly proficient stockpile pipeline
and extending dissemination reach.
We have seen wonderful development somewhere in the range of 2001 and
2023, outperforming the Gross domestic product development by a decent measure.
Nonetheless, we have never attempted to speed up development by playing the value
card and coming down on our regarded clients. Indeed, even as incomes were jogging
at 22x in this period, our benefits in a similar period developed at an uncommon pace
of 33x.
 This equivalent period hurled the difficulties of demonetization, GST and
Coronavirus. Nonetheless, where others saw an emergency, we saw an open door. We
remained consistent with our authoritative ethos of zeroing in on the buyer and
improved altogether, putting accentuation on administrations and arising item
sections, and developed while conveying heavenly and productive development to our
partners.
Where productivity meets greatness We constantly embrace state of the art
advances that further develop fabricating efficiencies and take on earth mindful
assembling rehearses. For example, our most recent plant at Sandila in UP, that
became functional in February this year, is totally computerized and a zero liquid
release plant. Large numbers of our previous plants have been overhauled and
retrofitted with fresher advances particularly rooftop top sun based power plants
coming about in 66,41,152 kwh of power created through sun oriented power in FY
22-23.
Our dispersion reach has filled essentially lately with Berger adding north of
8,000 retailers in the last monetary year alone and proceeding to add more
consistently. Today, we utilize a critical degree of digitalization to drive effectiveness,
improve expenses and upgrade client experience. We utilize advanced instruments for
project the board, market observation, project assessment, variety determination,
planning and invoicing, including information examination to comprehend client
conduct and market patterns.
Moreover, Darwin Box for human asset the board and for production network
the executives have been among the numerous arrangements carried out, which have
sped up decision-production altogether. The utilization of simulated intelligence
empowered arrangements is very pervasive across capabilities and we are additionally
utilizing it to improve the customer administration experience. We are likewise
persuaded of the need to additional upgrade the level of digitalization across the
association.
Reinforcing our image value Berger appreciates sizeable brand value among
Indian purchasers, because of the inborn client centricity in its center business values,
upheld by a reliable showcasing effort to its customers. At Berger, we perceive the
need to consistently associate with, draw in, illuminate, teach our clients and utilize
both conventional and trendy media to do as such.
 We endeavor to recount convincing stories utilizing appealing characters and
organized client encounters. A portion of our brands likewise have big name
powerhouses yet these choices are painstakingly taken as we are cognizant of the
requirement for our promoting to reliably mirror our character, fundamental beliefs
and the extraordinary selling recommendations of our image.
Laying out an unmistakable brand character is significant as it builds up brand
review in the personalities of customers. For almost hundred years, our dynamic
heritage has woven an embroidery of trust, greatness and development, contacting the
existences of millions of individuals in India and a lot other topography. It has been a
significant excursion of marvelous development and devoted execution, crossing an
endless flow of achievements.
We have achieved 22x deals development in 22 years and 33x working benefit
development in 22 years, building up our industry height and brand notoriety.
Heritage for us is certainly not a static word, however a call to steady activity and
effort to partners to construct a greater, better and bolder Berger Paints.
Upheld by a favorable full scale financial climate, government's accentuation
on framework improvement, young Segment with yearnings, and simpler admittance
to credit, we are hopeful of astounding development in volumes and worth added
items before very long. Engaged by a lively heritage, we are speeding up our
development direction with center around item and cycle development, execution
greatness and partner trust.

An energetic tradition of Trust. Excellence. Innovation We continually push

limits, redo our item contributions, reinforce our abilities, upgrade our omnichannel
presence, and enhance our stock chains with most extreme productivity. FY23 saw us
outperform the Rs 10,000-crore combined income mark with certainty. Our expressed
mission is to surpassing our friends and provoking workplace to our groups. arsenal.
A portion with the brands Simple Clean and Weather Coat Hostile to Dustt, the two of
which appreciate market administration in their separate classes.

The portion of advanced media in our arrangement has been step by step
expanding, similar to the pattern around the world. Computerized promoting spends
have risen four-crease over the most recent two years and will go on in a similar
direction.
 The extravagance item portfolio is being created utilizing the computerized
course. Augmenting esteem across topographies Our expressed mission is and
provoking workplace to our groups. Away from India, we stick to similar culture of
development and seriousness in different geologies where we are available. We are
available in Nepal, Russia, Poland and through step-down auxiliaries, in the UK,
France and Ukraine.

Development in the Nepal market is firmly connected to the Gross domestic

product development of the economy, which has been humble, yet is supposed to be
reestablished in time. Bolix, our Clean auxiliary, is performing great following an
extended period of difficulties. The restored focal point of European economies on
energy protection has given us motivation to be playful and invigorated by the
colossal potential outcomes being hurled.

The UK auxiliary is likewise assessing a few business techniques with

empowering results. Together, we shape a dynamic heritage Berger's most significant
resource is our exceptionally energetic labor force, and we are centered around
drawing in and holding the best ability in the business. We offer a cutthroat
remuneration and advantages bundle, an open, inviting and empowering workplace
and superb development possibilities.

Presently, we likewise have a very much set up HR capability with a solid

group to drive our Learning and Improvement group; and have put considerably in
preparing and advancement projects and encouraging a positive work culture. We
likewise advance variety and incorporation among our labor force, and a portion of
our plants have whole segments of just ladies representatives.

This is a region that can be worked on further and we are immovably

dedicated to the goal. Painting a more brilliant tomorrow mindfully Capable
development for us includes a wide range of drives. In assembling, it includes
utilizing climate well disposed fixings, cutting energy use and creating paint reusing
programs. We likewise concentrate on skilling and neighborhood local area
advancement drives as a feature of our CSR commitments. Berger is well on course to
accomplish the principles set by worldwide offices in ESG.
 There has been a steady undertaking to decrease fossil fuel byproducts and
increment the age of force through housetop sun based power plants introduced at the
assembling offices of the Organization. Afforestation drives with making of Green
Belt, reusing of plastic waste, lead, chrome and weighty sans metal items in the
enriching paint fragment are a couple of other key drives. The use of bio-briquette
terminated thermic liquid radiators, Drove lights and no fluid release from production
lines are not many among the numerous maintainability drives embraced by Berger.

The arrangements, frameworks and practices at Berger are pointed toward

incorporating supportability into our business activities. A solid culture of corporate
administration likewise stays the foundation of our example of overcoming adversity.
Our Board involves exceptionally acclaimed industrialists, experts, advertising and
HR champions, social activists, business examiners, etc.

The administration system covers, notwithstanding consistence with

Organization regulation and rules, set of principles, a straightforward informant
strategy, legal and secretarial reviews, councils for business interaction and hazard the
executives, selections and compensation, inward review, share move, among others.
All panels have individuals with a solid space information. We have a zero-resistance
strategy for moral trade offs of any sort.

Restorative activity is in every case speedy and careful. Collaborating India's

advancement We are advantaged to be accomplices in the growth story of one of the
world's quickest developing economies. Our nation offers the paint business a plenty
of potential learning experiences — from quickly developing urban areas and new
metropolitan agglomerations to reasonable lodging; from the lively auto area to the
quickly developing white-products and general modern fragments. Berger Paints
enjoys the special benefit of having a very impressive presence in each paint
classification and each market portion. FY2023-24 will stamp the fruition of hundred
years of our tasks.

As we look towards the future, we are loaded up with idealism. Our rich
legacy, our resolute spotlight on development, greatness and client centricity,
supported by the strength of a serious labor force will guarantee that the following
100 years of development will be even better than the first.
 Our development story in the new century will hence be set apart by dexterity
and versatility to new advances and open doors. We will twofold down on our
endeavors to guarantee maintainability and mindful business development. We will
keep on chasing after essential extension chances to expand our market reach and
construct piece of the pie. Our obligation to consumer loyalty will stretch out into the
following hundred years and we will keep on conveying extraordinary items,
customized administrations and creative arrangements.

Our attention on presenting new items and administration recommendations,

requires supported interests in upgrading our assembling processes. To accomplish
this reason, we guarantee judicious capital distribution towards this large number of
prerequisites, zeroing in on guaranteeing that these speculations push the business
development targets forward.
 Focused on being a capable association, we have consistently strived
tenaciously to take on maintainable strategic policies across the entirety of our tasks.
Project Paragon Drives to keep an eye out for in FY24 Overabundance part with
(EGA) Venture 'JAL' Task Sanchayan Clean to Green control Computerized
fabricating Effective stock administration On the way harms involve monetary
misfortunes and impacted our general expenses. Accordingly to these worries,
'Undertaking Paragon' was started in our production network.
This has decreased harm to more than sent volume by 53% contrasted with the
earlier year. Ordinary checking is presently set up to support these enhancements and
limit travel harms. To additional improve fabricating proficiency, we have following
forthcoming drives: We at first sent off Undertaking Sanchayan, expecting to help
efficiency, which was hence carried out across our auxiliaries, spreading over all
product offerings.
The venture's striking achievement has brought about significant expense
reserve funds as well as exhibited our obligation to natural supportability. By
embracing elective energizes and essentially expanding our sun oriented power age
limit, we have diminished our carbon impression and prepared for a greener future.
To decrease groundwater consumption at our processing plants, we sent off
Undertaking 'JAL'.
By reusing flushing water underway, sensibly planning and introducing extra
devices at admission focuses, we have impressively brought down our water
consumption. The undertaking has not just expanded creation limits without growing
the Gushing Treatment Plant (ETP) yet in addition saved a significant measure of
water, adequate to satisfy the drinking water yearly necessities of 2.8 crore
individuals. During the year under survey, our general explicit water utilization was
decreased by more than 35%.
Our assembling greatness group have presented a greater climate well
disposed and practical way to deal with utilize spent dissolvable in green manner.
Presented as spotless and green washing/flushing dissolvable as another item, carried
cost saving alongside supportability. Further the lost refining cycle of dissolvable
refining being supplanted by Cool Filtration. Alongside Venture Sanchayan the EGA
drive endeavors to restrict and direct overabundance give aways during the filling
system.
 As a component of this task, we have carried out an programmed SCADA-
based weight checking framework at our filling stations, empowering continuous
observing of overabundance giveaways in each Stock Keeping Unit (SKU). By
utilizing an assembling dashboard open from a distance, we have had the option to
decrease the general overabundance giveaway from 0.29% to 0.19% in FY23.
This has likewise guaranteed consistence with legitimate metrology standards
while limiting under-filling. Improving our Coordinated factors Our attention on
inventory network the board has assisted us with smoothing out our activity. We have
exhibited areas of strength for a Yearly Development Rate (CAGR) of 15% by
carrying out client driven drives. To help our targets, we have embraced the vision of
planning a spry, responsive and carefully empowered production network, decreasing
reliance on manual cycles. Building a solid store network Store network digitalization
assists us with acquiring an upper hand by smoothing out processes, improving
perceivability and empowering quicker independent direction.
Start to finish store network Digitalization We executed the start to finish
digitization of our inventory network. This accomplishment put us aside as one of a
handful of the associations that have effectively conveyed a start to finish
digitalization arrangement across deals, promoting, obtainment, operations and
assembling. Remarkably, the execution was a 'Right First Time' achievement, giving
areas of strength for a to additional headways Change the board and top tier processes
We have a vigorous change the board framework.
Moreover, we have taken on imaginative arrangements and top tier processes
across every functional perspective, furnishing partners with close to constant
perceivability and a solitary wellspring of truth. This fruitful change the board system
assisted us with pulling an extremely effective start to finish store network
digitalization , in the main endeavor, a unique case in the business. Our excursion of
development Engineering Items Buffalo Sickness, an acrylic emulsion-based sickness,
was presented in the last part of the 1980s.
This is a cost effective choice that gives a smooth completion. It quickly
acquired ubiquity because of its matte surface, simple brush capacity and wide shade
range. Our scope of inside wall completes was additionally extended to incorporate
matt, semi-sparkle, and gleaming options. During the 1990s, we presented Simple
Perfect, a profoundly launderable item, and supplanted conventional concrete based
powder paint with tough acrylic emulsion-based outside paints.
 These paints showed great protection from microbial development, prompting
a briefer work of art cycle. Indeed, even today, we keep on presenting imaginative
items, for example, Weather Coat Hostile to Dustt, which keeps structures clean, and
Weather Coat Long Life, which has a future of 7 to 15 years. Our leader item, Luxol
Shiny, made ready for Luxol Extra, a tint able polish, and later Luxol PU, a
polyurethane-based veneer.
We made eco-accommodating water-based items with significantly less scent
and less unstable natural mixtures (VOCs). New items have additionally been
presented in the modern product offering which has been talked about later. Fortifying
our IT foundation We grasp the criticality of data security and are committed to
defending our business-basic information against unapproved access. Our supervisory
group, alongside office heads, drives pointed toward guaranteeing an inflexible
network protection structure at the association.
By utilizing cutting edge advances, we embody our obligation to save the
privacy and respectability of information. Programming Characterized Wide Region
Organization (SDWAN) To safeguard delicate business-basic data and lay out a
protected biological system, we have executed an Overseen Location and Reaction
(MDR) arrangement which empower consistent observing and administration of our
organization. By cooperating with industry-driving security firms, CrowdStrike and
Sentinel One, we upgrade the abilities of our network safety experts who carefully
safeguard our computerized resources against interior and outside dangers.
The execution of MDR is one of our biggest data security ventures and
highlights our attention on severe information security. We have embraced the
SDWAN (Programming Characterized Wide Region Organization) innovation, which
has quickly turned into a staple in big business organizations. It considers productive
and dynamic burden sharing across numerous WAN associations, bringing about
diminished expenses and intricacies.
By utilizing programming characterized organizing (SDN) standards,
SDWAN makes virtual overlays and totals various vehicle strategies, such as MPLS,
broadband web or Sick. This approach wipes out weak links inside the organization,
naturally rerouting traffic over reinforcement joins without upsetting application
meetings. SDWAN likewise further develops application accessibility and client
encounters by load-adjusting traffic across last-mile associations, guaranteeing ideal
organization execution and taking out possible bottlenecks.
 At Berger Paints, we have set out on an excursion of computerized change by
relocating our Prophet eBusiness Suite from conventional on-premises servers to the
Cloud Server, explicitly Prophet Cloud Framework (OCI). We influence the most
recent Prophet cloud advances for predictable execution and upgraded highlights.
Distributed computing empowers us to remotely get to applications, store information
and perform errands, utilizing far off servers and foundation given by a cloud
specialist co-op.
This disposes of the requirement for on premises framework and uses versatile
assets and conveyed figuring through the Web. To streamline our distribution center
tasks, we have carried out a coordinated Stockroom The executives Framework
(WMS) across chose plants and stations. This framework is flawlessly coordinated
with a Programmed Stockpiling and Recovery Framework (ASRS), smoothing out
stock administration processes and upgrading proficiency. Via robotizing key parts of
stockroom activities, we have accomplished better stock precision, lower manual
blunders, and ideal request satisfaction, along these lines conveying an improved
client experience and administration through Assistance Level Arrangement (SLA)
adherence.
Keeping our kin at the Center At Berger, we comprehend that culture and
representative encounters are the genuine differentiators in a serious working climate.
By cultivating a culture of development, sustaining ability from the inside, and
focusing on representative turn of events, we are making an impressive labor force.
We accept that our emphasis on spryness, skill and a consistent representative
encounter is the way in to our drawn out progress
1. Supporting ability from the inside
2. Our kin plan
3. Building Areas of strength for a Pipeline
4. Making a future-fit association
5. Our Social Points of support One of our center procedures is bridling ability inside,
bringing about a larger part of our business chiefs being local experts who play played
instrumental parts in our association's prosperity.
We put stock in giving learning experiences and establishing a climate where
people can understand their maximum capacity. Being spry and rocking the boat
Open and non-Progressive Unassuming and merciful Independence and trial and error
Dexterous and Interaction Driven Developing Skill and Upgrading Ability Smoothing
out HR processes for further developed representative experience. We urge our staff
to embrace nimbleness and challenge traditional reasoning. By cultivating a culture of
development and ceaseless improvement, we endeavor to remain ahead in a quickly
advancing business climate.
Key Showcasing for supported development Ornamental advertising With a
client driven approach at our center, we persistently push the limits of what is
conceivable, presenting creative items and administrations that meet client
assumptions. By embracing developing business sector elements and drawing in with
partners, we endeavor to expand on our heritage and catch the creative mind of the
new age, cementing our situation as a confided in supplier of great enhancing paints.
Commitment with partners We have started broad preparation projects and
ability improvement drives for tools, guaranteeing they convey first rate benefits
utilizing our items. We team up with workers for hire to investigate new beautiful
canvas choices, empowering their contribution in item improvement and keeping
major areas of strength for a. At Berger, we utilize different procedures to advance
our image.
We participate in television promoting and have brand representatives set up
to improve our client effort and drive deals. Our showcasing technique additionally
attracts purchasers with items and administrations which take care of their
prerequisites making a close to home association between the Organization and the
client. As a component of our promoting procedure, we likewise send off a few
designated promotion missions to feature our more up to date and creative items.
Building trust through quality items and visionary authority Extending Organization
and Becoming stronger A Solid and Nimble deals force Spearheading D2C (Direct-to-
Buyer) drives Our getting through progress can be credited to our unrivaled quality
items and recognized initiative.
We have a different arrangement of top notch items that have procured far
reaching acknowledgment. Directed by visionary pioneers, we have kept up with our
situation as a market chief for quite a long time. We have fostered a broad
organization of sellers and retailers, having more than 60,000 touchpoints the nation
over. This vigorous organization has encountered striking development , extending by
almost 20% in the past 3 years.
 Our amazing income development of 23% somewhat recently further exhibits
our market strength, even notwithstanding testing conditions. Regardless of the effect
of the Coronavirus pandemic, we accomplished a noteworthy 18% development over
the most recent 3 years supporting our versatility and brand esteem. Our deals force
assumes a significant part in driving our development. With more than 1,000 devoted
onroll deals work force and 2,000 extra off-roll representatives, the outreach group
guarantees areas of strength for a ground presence.
In accordance with our emphasis on driving digitalization, we furnish our
deals force with cutting edge computerized apparatuses and track their presentation
utilizing savvy dashboards. Preparing programs have additionally been upgraded to
envelop administrative abilities, enabling the business power to really deal with
groups. We have taken critical steps in the D2C painting business.
With drives like the 'Express Work of art Administration' and a scope of
prevalent items, we have secured ourselves as an industry chief. Our functional
greatness and inventive methodology have worked with the foundation of
organization worked stores, upsetting the retail insight. Driving Outside painting By
addressing client needs, conveying extraordinary quality and offering one of a kind
highlights, we have supported a getting through obligation of trust with our clients.
With a profound comprehension of the different prerequisites of the Indian
market, we decisively foster our items to take care of developing client inclinations.
Trust: satisfying client needs and guaranteeing quality conveyance Geological
particularity: meeting different Indian client needs Greatness: inflexible quality and an
incentive for cash Advancement: uniqueness and separation
We put gigantic significance on trust while fostering our outside paint items.
Understanding the client's requirements and tending to any holes in the market is an
essential goal. The items are intended to perform ideally, guaranteeing a positive
client experience and cultivating client devotion. Our attention is on creating outside
paints that safeguard surfaces, improve style and proposition enduring strength. We
understand the special prerequisites of the Indian market, which can change
geologically. With regards to this, we decisively plan our items to take care of explicit
necessities in various locales. India today has a ton of ecological residue inferable
from improvement exercises. We likewise saw a fast expansion in the metropolitan
intensity peculiarity.
 To handle these issues, we offer items like Weather Coat Against Dustt Kool.
This outside paint gives dust pickup obstruction as well as cools the surface,
diminishing energy utilization and decidedly affecting the climate. Greatness in item
quality is one more key part of our methodology. We guarantee that our outside paint
items convey an incentive for cash to clients. By utilizing great materials and
consolidating cutting edge innovations, we make items that fulfill severe quality
guidelines. The accentuation on greatness stretches out to the outside classification,
where we address explicit worries, for example, security from downpour, intensity
and residue alongside development of greenery and green growth.
By continually pushing the limits of imagination and usefulness, we guarantee
that our outside paint items hang out on the lookout. Our obligation to development is
clear in the send off of new and creative items, like Weather coat Long Life 15. This
outside emulsion gives a 15-year guarantee, covering hairline breaks and offers
security from downpour. The incorporation of silicon and PU added substances
further upgrades the security and strength of the painted surface.

20
28
i

CHAPTER - IV
DATA ANALYSIS &INTERPRETATION
 DATA ANALYSIS

A. determined momentary dissolvability of the business, for example ongoing

commitments. These are examined by the measures yet to be determined sheet.
CURRENT RATIO :
An Ongoing Proportion is that liquidity ratio with which we can distinguish an
organization's capacity to pay transient commitments or those are to be expected in
one year or less. Current Proportion = Current resources/Current Liabilities Routinely,
an ongoing ratio of 2:1 is thought of as palatable. This ratio can be considered as
protected and moderate since regardless of whether the ongoing resources get
decreased to half, point, likewise clean up its transient obligations and liabilities. An
extremely high current ratio shows that an organization can't use its resources
productively. A constant pattern of unfortunate current ratio (of under 1) is an
admonition sign of looming disorder.
Current
Current Current Ratio(in
Year Assets(Amt.) Liabilities(Amt.) times)
2018-2019 10668.068 9759.669 1.09
2019-2020 11026.936 9875.649 1.12
2020-2021 13041.904 10609.414 1.23
2021-2022 14085.748 11462.187 1.23
2022-2023 15058.757 12370.614 1.22

Table:1 Amounts in Million Rupees

 16000

14000

12000

10000

8000 Current
Current2
6000
Current Ratio(in times)
4000

2000

0
2018- 2019- 2020- 2021- 2022-
2019 2020 2021 2022 2023

INTERPRETATION:
It tends chart organization's isn't ideal standard ratio 2:1 yet it is more prominent
shows the organization's capacity to take care of its ongoing commitments. A higher
ratio implies the organization can undoubtedly finance its everyday tasks. The really
organization it's probably going to need to assume obligation 2020-2021 and 2021-
2022, the organization resources for clear its obligation of 2018-2019 unsuitable
current ratio when contrasted with the ongoing ratios of different years . The ratio
1.09 practically equivalent current resources.
QUICK RATIO:
ratio gives ratio of the momentary commitments. determined act as a beneficial
beware of in this way, otherwise called 'Basic analysis Proportion'. While ascertaining
fast resources we bar fast resources are characterized as cash. Fast Proportion =
Speedy Resources/Current Resources Typically, it is upheld to be protected as
pointlessly low ratio will be exceptionally dangerous and a high ratio proposes
superfluously sending of assets less productive momentary speculations.
Current Quick
Assets Inventory Assets Current Quick
(A) (B) (A-B) Liabilities Ratio(in
Year (Amt.) (Amt.) (Amt.) (Amt.) times)
2018-2019 10668.068 2062.218 8605.85 9759.669 0,88
2019-2020 11026.936 2595.112 8431.824 9875.649 0,85
2020-2021 13041.904 3126.530 9915.374 10609.414 0.93
2021-2022 14085.748 3670.251 10415.497 11462.187 0.91
2022-2023 15058.757 4196.971 10861.786 12370.614 0,88
Table:2 Amounts in Million Rupees

16000

14000

12000

10000

8000 Current
Inventory
6000
Quick Assets
4000

2000

0
2018- 2019- 2020- 2021- 2022-
2019 2020 2021 2022 2023
INTERPRETATION:

In all the years, KBL has ratio less than 1. A company which has a quick ratio of less
than 1 may not be able to fully pay off its current liabilities in the short term. Higher
the ratio result, the better a company's liquidity and financial health and the lower the
ratio, the more likely the company will struggle with paying debts.
➢ A CORRELATION RESOURCES P : Working abundance of current
resources over current liabilities. At the end of the day, an organization's ongoing
resources are not exactly its ongoing liabilities.

16000

14000

12000

10000

8000 Current Assets

6000 Current Liabilities

4000

2000

0
2018- 2019- 2020- 2021- 2022-
2019 2020 2021 2022 2023

INTERPRETATION:
organization resources, and that implies. sufficient guarantees that an organization can
completely cover its transient liabilities really a year. This is an indication of an
organization's monetary strength.
➢ ANALYSIS OF WORKING CAPITAL COMPONENTS
1. INVENTORY

2018-2019
2019-2020
2020-2021
2021-2022
2022-2023

INTERPRETATION:
• Benefits Guarantees sufficient builds most elevated stock was in 2022-2023 at
4196.971.
• Benefits Lower Stock however can influence altruism antagonistically that the
requests of clients isn't met. Least stock in 2018-2019 at 2062.218
. • Compromise among Benefit and liquidity: Utilizing strategies like Financial
Requesting Quantity (EOQ), Simply in Time (JIT) can assist with conveying ideal
degree of stock.
2. RECEIVABLES

2018-2019
2018-2019
2019-2020
2019-2020
2020-2021
2020-2021
2021-2022
2021-2022
2022-2023
2022-2023

INTERPRETATION:
• Benefits of Higher Side (Profitability): A higher credit period draws in clients and
increments income. The most elevated measure of receivables were in 2021-2022 at
4712.742.

• Benefits: Cash deals supports liquidity yet doesn't expand deals and income. The
least receivables were in 2022-2023 at 3390.557.

• Compromise among Benefit and liquidity: Assess credit strategy and utilization of
obligation the executives administrations like figuring can assist with accomplishing
ideal measure.
3. PAYABLES

2018-2019
2019-2020
2020-2021
2021-2022
2022-2023

INTERPRETATION:
• Benefits Side in some other venture roads. Most noteworthy payables were in 2021-
2022 at 5369.82.
• Benefits of lower respected in time, further develops generosity and is useful
in getting future limits. Most minimal 2019.
• Compromise among Benefit and liquidity: Assessing strategy.
4. CASH AND CASH EQUIVALENTS

2018-2019
2019-2020
2020-2021
2021-2022
2022-2023

INTERPRETATION:
• Benefits respected and assists Money with adjusting was in 2022-2023. • Benefits of
Money can be put resources into other venture roads which can assist with producing
profits .The most reduced 2018-2019 at. • Compromise among Benefit spending
plans and other money the board methods can be utilized to support and keep up with
satisfactory income.
Productivity ratios measurements utilized in breaking down an organization's
capacity to successfully utilize its assets, like capital and resources, to create pay.
The accompanying ratios introduced review:

Proportion

. Stock Proportion

Exchange Receivables Turnover Proportion

Exchange Payables Turnover Proportion

1. WORKING CAPITAL TURNOVER RATIO

It is characterized as the distinction between the ongoing resources ratio lays out a
connection functioning deals created.

Ratio
Net Net Working (in
Year Sales(Amt.) Capital(Amt.) times)
2018-2019 17212.231 908.369 18.94
2019-2020 18230.387 1151.287 15.83
2020-2021 19345.627 2432.490 7.95
2021-2022 22234.860 2323.561 8.47
2022-2023 20970.322 2688.143 7.80
Table:3 Amounts in Million Rupees

25000

20000

15000
Net Sales(Amt.)
Net Working
10000 Ratio (in times)

5000

0
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
INTERPRETATION :

very well may the diagram that the ratio is ceaselessly noteworthy ratio among
different ratio administration is overall extremely effective in involving an
organization's momentary resources deals. Throughout the long term, the ratio 2022-
2023 organization which isn't good. A low ratio demonstrates putting resources into
such a large number of records receivable and stock resources for help its business,
which could ultimately prompt an exorbitant measure of terrible obligations and old
stock.
 2. INVENTORY TURNOVER RATIO
It decides the times stock is changed over into income from tasks during the
bookkeeping time frame viable. It communicates the connection between the expense
of income from tasks and normal stock.
Average Ratio Inventory
Net Opening Closing Inventory (in Holding
Year Sales(Amt.) Inventory(Amt.) Inventory(Amt.) (Amt.) times) Period(Days)
2018-2019 17212.231 1876.566 2062.218 1969.391 8.739 41.76
2019-2020 18230.387 2062.218 2595.112 2328.665 7.828 46.62
2020-2021 19345.627 2595.112 3126.530 2860.821 6.762 53.97
2021-2022 22234.860 3126.530 3670.251 3398.39 6.542 55.79
2022-2023 20970.322 3670.251 4196.971 3933.611 5.331 68.47

Table:4 Amounts in Million Rupees

 10

5
Ratio
4

0
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

INTERPRETATION:
In the year 2018-2019 the organization had stock ratio of 8.739 which was the years.
This connotes solid deals and that the organization can sell its stocks. In 2022-2023,
the ratio is the most reduced which is 5.331. Throughout the long term, the ratio is
declining. This can be an indication of unfortunate selling or stock strategy which can
prompt working capital blockage, stacking up of stock and quality weakening of
stock.
INVENTORY HOLDING PERIOD

80

70

60

50

40
Inventory Holding Ratio
30

20

10

0
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

INTERPRETATION:
1. In the year 2018-2019, the organization required around 41.76 days to clear its
stock. A more limited period implies that the stock is moving at a high speed. It
shows effective stock administration. The days taken to clear the stock has slowly
expanded throughout the long term. In 2022-2023, the organization required 68.47
days to clear the organization holds the stock for a significant stretch of time and
means unfortunate administration of stock.
2. CHANGES IN YEAR 2022-2023
31-Mar- 31-Mar- %
Particulars 22 23 Increase/Decrease Change
Current Assets:
Inventories 3670.251 4196.971 526.72 14.35
Financial Assets:
1)Investments Nil 450.285 450.285 Nil
2)Trade Receivables 4712.743 3390.557 (1322.186) (28.05)
3)Cash & Cash
Equivalents 333.002 1946.069 1613.067 484.40
5)Other Bank Balance 21.064 21.787 0.723 3.43
6)Loans 950.007 1139.455 189.448 19.94
7)Other Financial
Assets 19.459 41.460 22.001 113.06
Other Current Assets 4379.222 3872.173 (507.049) (11.57)
Total Current Assets 14085.748 15058.757 973.009 6.9
Gross Working
Capital 14085.748 15058.757 973.009 6.9

(-) Current Liabilities

Financial Liabilities:
1)Borrowings 1237.703 2250.000 1012.297 81.78
2)Trade Payables
i)MSME 1042.931 673.640 (369.291) (35.4)
ii)Others 4326.889 3832.750 (494.139) (11.42)
Other Financial
Liabilities 771.839 1407.152 635.313 82.31
Other Current
Liabilities 3666.831 3778.968 112.137 3.05
Provisions 415.994 428.104 12.11 2.91
Total Current
Liabilities 11462.187 12370.614 908.427 7.92
Net Working Capital 2623.561 2688.143 64.582 2.46
Table: Amounts in Million Rupees
INTERPRETATION:
We can see there is an increment of 2.46% in Capital. Assuming is expanding, we can
infer that the organization's liquidity is expanding. It could demonstrate that assets in
a superior manner. ascribed to the significant expansion in the Money and Money
Equivalents(C and CE) and Other Monetary Resources. Cash and Money
Counterparts were at 333.002 Mn. Rs. in 2018-19 which expanded to 1946.069 Mn.
Rs in 2019-20. The adjustment of C and CE was 84.40%. Organizations with a solid
measure of endlessly cash counterparts can reflect emphatically in their capacity to
meet their momentary obligation commitments. Other Monetary Resources expanded
by 113.06%.
3. CHANGES IN 2021-2022

%
Particulars 31-Mar-21 31-Mar-22 Increase/Decrease Change
Current Assets:
Inventories 3126.530 3670.251 543.721 17.39
Financial Assets:
1)Investments Nil Nil Nil Nil
2)Trade
Receivables 3817.850 4712.743 894.893 23.43
3)Cash & Cash
Equivalents 582.763 333.002 (249.761) (42.85)
5)Other Bank
Balance 24.619 21.064 (3.555) (14.44)
6)Loans 975.737 950.007 (25.73) (2.63)
7)Other Financial
Assets 20.306 19.459 (0.847) (4.17)
Other Current
Assets 4494.099 4379.222 (114.877) (2.55)
Total Current
Assets 13041.904 14085.748 1043.844 8.00
Gross Working
Capital 13041.904 14085.748 1043.844 8.00

(-) Current
Liabilities
Financial
Liabilities:
1)Borrowings 1168.980 1237.703 68.723 5.87
2)Trade Payables
i)MSME 654.408 1042.931 388.523 59.37
ii)Others 3765.555 4326.889 561.334 14.90
 Other Financial
Liabilities 826.116 771.839 (54.277) (6.57)
Other Current
Liabilities 3810.573 3666.831 (143.742) (3.77)
Provisions 383.782 415.994 32.212 8.39
Total Current
Liabilities 10609.414 11462.187 852.773 8.03
Net Working
Capital 2432.490 2623.561 191.071 7.85

Table: Amounts in Million Rupees

INTERPRETATION:
7.85% . There is a decline in a large number of Monetary Resources. The Exchange
Payables have expanded impressively. The sum payable to MSME has expanded by
59.37% and the Other Exchange Payables have expanded by 14.9%. In the event that
Typical Payables increments over a period, it purchasing more labor and products
using a loan, paying money.
4. CHANGES IN 2020-2021

%
Particulars 31-Mar-20 31-Mar-21 Increase/Decrease Change
Current Assets:
Inventories 2595.112 3126.530 531.418 20.47
Financial Assets:
1)Investments Nil Nil Nil Nil
2)Trade Receivables 3399.728 3817.850 418.122 12.29
3)Cash & Cash
Equivalents 223.753 582.763 359.01 160.44
5)Other Bank Balance 30.913 24.619 (6.294) (20.36)
6)Loans 933.927 975.737 41.81 4.47
7)Other Financial
Assets 28.455 20.306 (8.149) (28.63)
Other Current Assets 3815.048 4494.099 679.051 17.79
Total Current Assets 11026.936 13041.904 2014.968 18.27
Gross Working Capital 11026.936 13041.904 2014.968 18.27

(-) Current Liabilities

Financial Liabilities:
1)Borrowings 1877.632 1168.980 (708.652) (37.74)
2)Trade Payables
i)MSME 648.965 654.408 5.443 0,83
ii)Others 3489.906 3765.555 275.649 7.89
Other Financial
Liabilities 816.159 826.116 9.957 1.21
Other Current
Liabilities 2671.613 3810.573 1138.960 42.63
Provisions 371.374 383.782 12.408 3.34
Total Current Liabilities 9875.649 10609.414 733.765 7.43
Net Working Capital 1151.287 2432.49 1281.203 111.28
Table: Amounts in Million Rupees
INTERPRETATION:
• The Inventories 20.47% . The Money Equilibrium 160.44%

.• The Getting 37.74%. significant expansion in by 111.28%.

5. CHANGES IN 2019-2020

31-Mar- 31-Mar- %
Particulars 19 20 Increase/Decrease Change
Current Assets:
Inventories 2062.218 2595.112 532.894 25.84
Financial Assets:
1)Investments Nil Nil Nil Nil
2)Trade Receivables 3566.085 3399.728 (166.357) (4.66)
3)Cash & Cash
Equivalents 201.610 254.666 53.056 26.31
4)Loans 928.905 933.927 5.022 0,54
5)Other Financial
Assets 10.161 28.455 18.294 180.04
Other Current Assets 3899.089 3815.048 (84.041) (2.15)
Total Current Assets 10668.068 11026.936 358.868 3.36
Gross Working
Capital 10668.068 11026.936 358.868 3.36

(-) Current Liabilities

Financial Liabilities:
1)Borrowings 2517.167 1877.632 (639.535) (25.40)
2)Trade Payables 3908.362 4138.871 230.509 5.89
Other Financial
Liabilities 601.958 816.159 214.201 35.59
Other Current
Liabilities 2410.275 2671.613 261.338 10,84
Provisions 321.937 371.374 49.437 15.35
Total Current
Liabilities 9759.699 9875.649 115.95 1.18
Net Working Capital 908.369 1151.287 242.918 26.74

Table: Amounts in Million Rupees

INTERPRETATION:
• The Net Working Capital has essentially expanded from 908.369 Million
Rupees to 1151.287 Million Rupees in the year finished 31st Walk 2020.
• This can be credited to the ascent in Other Monetary Resources by
180.04%. Cash and Money Reciprocals have expanded by 26.31%. The Borrowings
have diminished by 25.40%.
6. CHANGES IN WORKING CAPITAL FOR THE YEAR 2018-2019
31-Mar- 31-Mar- %
Particulars 18 19 Increase/Decrease Change
Current Assets:
Inventories 1876.566 2062.218 185.652 9.89
Financial Assets:
1)Investments Nil Nil Nil Nil
2)Trade Receivables 4005.885 3566.085 (439.8) (10.97)
3)Cash & Cash
Equivalents 151.408 201.610 50.202 33.15
4)Loans 966.179 928.905 (37.274) (3.85)
5)Other Financial
Assets 22.551 10.161 (12.39) (54.94)
Other Current Assets 4218.796 3899.089 (319.707) (7.57)
Total Current Assets 11241.385 10668.068 (573.317) (5.1)
Gross Working Capital 11241.385 10668.068 (573.317) (5.1)

(-) Current Liabilities

Financial Liabilities:
1)Borrowings 2431.936 2517.167 85.231 3.50
2)Trade Payables 4037.365 3908.362 (129.003) (3.19)
Other Financial
Liabilities 651.875 601.958 (49.917) (7.65)
Other Current
Liabilities 2729.639 2410.275 (319.364) (11.69)
Provisions 297.129 321.937 24.808 8.34
Total Current Liabilities 10057.944 9759.699 (298.245) (2.96)
Net Working Capital 1183.441 908.369 (275.072) (23.24)

Table: Amounts in Million Rupees

INTERPRETATION:
• In the year 2018-2019, the ongoing resources have diminished by 5.1%. A part
of current assets, namely Other Monetary Resources have diminished by 54.94%.
Other Current Liabilities have likewise diminished by 11.69%.
• This has prompted the abatement in Net Working Capital by 23.24%.
 CHAPTER-V
FINDINGS, SUGGESTIONS
AND CONCLUSION
 FINDINGS
 The Ongoing Proportion shows that the organization's liquidity position isn't ideal
according to the standard ratio 2:1 yet it is more prominent than 1 which
demonstrates the organization's capacity to take care of its current obligations.
 The Net Working Cycle has expanded from 22.21 days in 2018-2019 to 40.59 days
in 2022-2023.
 The Functioning Capital Proportion has declined throughout the years from 18.94 in
2018-2019 to 7.8 in 2022-2023.which isn't positive
 Exchange Payables Proportion, Fast Proportion and Receivables Proportion is
steady.
 Net Benefit Proportion has shown expanding pattern.

49
 CONCLUSION
The Task Report was started with the target to concentrate on concentrate on the
functioning capital the executives in Berger Paints. We can reason that the
organization's benefit has expanded over the years. The Proportions of the
organization are good and the organization partakes in an equilibrium between
liquidity and productivity. Based on the investigation, we can additionally infer that
the general administration of working capital is sound.

50
 SUGGESTIONS
1. There are no significant lacks in the administration of working capital, be that
as it may,

2. There is a requirement for development in certain ratios like Receivables and

Working Capital Turnover to upgrade the liquidity and productivity position to
the more prominent level.

3. The Functioning Capital Turnover Proportion can likewise be improved by

keeping an ideal degree of working capital without causing liquidity gambles
with which will be valuable to the organization's everyday tasks and long haul
speculations and

4. The organization can decrease the typical assortment days by evaluating its
credit terms and arrangements with a plan to abbreviate its Net Working
Cycle.

51
BIBLIOGRAPHY
 BIBLIOGRAPHY
BIBLIOGRAPHY
Books:
1. Financial Management, Theory and Practice 10th Edition by Prasanna Chandra.
2. Financial Management for CA Intermediate by Institute of Chartered Accountants
of India.
3. Financial Analysis & Control for M.Com by Nirali Prakashan.
Websites:
www.moneycontrol.com
i