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ADVENT INSTITUTE OF MANAGEMENT SCIENCE AND TECHNOLOGY ________________WORKING CAPITAL MANAGEMENT______________ Post Graduate Diploma in Management (2009-2011) Semester III Submitted to: Submitted By: PRIYANK PALIWAL Pratik Mundra Designation Lecturer in AIMST
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Page 1: PGDM Report 2009-2011

ADVENT INSTITUTE OF MANAGEMENT SCIENCE AND TECHNOLOGY

________________WORKING CAPITAL MANAGEMENT______________

Post Graduate Diploma in Management

(2009-2011)

Semester III

Submitted to: Submitted By:

PRIYANK PALIWAL Pratik Mundra

Designation

Lecturer in AIMST

Page 2: PGDM Report 2009-2011

PREFACE

The main motive behind the summer training of the PGDBM Programme is to provide the practical aspect of the organization’s working environment. This training helps us to visualize and realize about the congruency between the theoretical learning in the college and the actual practices of the management. This overall project gives us an insight into actual corporate world apart from a pure theoretical environment of the classroom. It allows us to face the world full of ups and downs and to get a glance of the future corporate world in which we are going to enter.

My summer training project at R.K.Marble Pvt.Ltd is a complete experience in itself and it has become an inspirable part of my knowledge of management being learned in PGDBM Programme.

This project is based on to have an overview of management of working capital and to know about how the companies are managing their funds, cash and day to day transactions.

Page 3: PGDM Report 2009-2011

ACKNOWLEDGEMENT:-

It gives me immense pleasure to present this project report on Working Capital Management carried out at R.K.Marble Pvt. Ltd. In partial fulfillment of Post-Graduation Diploma in Business Management.No work can be carried out without the help and guidance of various persons.I am happy to take this opportunity to express my gratitude to those who have been helpful to me in completing this project report.

At the outset I would like to thank Mr. Rajendra Mathur (Asst. Chief Accountant of finance Dept.) for their valuable advice and guidance.

I am also very thankful to Mr. R.B.Mehta (Vice President) who supported me and entertained me in the company. I also thank to all staff members of account department for helping me to complete the summer internship program.

I would be failing in my duty if I do not express my deep sense of gratitude to Mr.Priyank Paliwal without his guidance it wouldn’t have been possible for me to complete this project work.

Pratik Mundra

Page 4: PGDM Report 2009-2011
Page 5: PGDM Report 2009-2011

Company Profile:-

The Company R. K. Marble Private Limited was established in 1989 by the Patni group of

Kishangarh-District Ajmer to help serve increasing National and international demands for Indian

marble. Since then we have enjoyed exponential growth and export to many markets worldwide

including European Union countries, the Middle East, Japan, other parts of Asia, China and North

America etc.

"The seagull who sees farther, flies higher" living up to the immortal words of Johanthan Swift,

Mr. Ashok Patni established the first processing unit at Rajasthan (with an installed capacity of

one lakh cu. ft. marble slabs Per Annum) and never looked back. The company now has 14

Gangsaw machines. In November 1993 was the time, when state government took a step forward

to allot a virgin marble mine on lease to R. K. Marble at Morwad, Distt. Rajsamand in Rajasthan.

By the touch of sheer hard work, guts, burning inner desire to reach unprecedented heights and

fulfilling their dreams "the trio" converted these marble mines to gold mines. Morwad from which

the stone takes its name is a remote village in the eastern part of Rajasthan, India.

Today the name Morwad Marble from R. K. Marble group has become almost generic for a whole

range of white and semi-white types of marble, which are extracted from these locations.

The popularity of this range of marble continues to grow at an astonishing rate and it is marketed

in large quantities. The white background with light gray veins corresponds with nearly everyone's

perception of the most beautiful marble and architects for many of the India's important buildings

suggest it.

Zoom into the corner stone of Majoli, In Madhya Pradesh , India to scale the magnetic fascination

of an ISO 9001 : 2000 adorned Guinness Record Holder, engaged as the largest producer of

marble in the world. Bedecked with most sought after gadgets, the exotic Majoli mine is the most

coveted breeding ground of world's choicest Wonder Marble that's wondrous and splendid in

myriad hues.

Wonder Marble's colour panorama and innate design makes it the right choice for flamboyant

users. Our fascinating range can be floored to encompass living rooms, drawing arrangements,

dining spaces, hotel lobby's, pool sites, wall claddings, special lounges and many more. Among its

endless usages left for creative imagination, some could be - artifacts and decorative objects

Page 6: PGDM Report 2009-2011