INTERNSHIP REPORT ON

“A STUDY ON THE FINANCIAL PERFORMANCE

ANALYSIS AT BHARATH EARTH MOVERS
LIMITED”
Submitted in partial fulfilment of the requirements of
BACHELOR OF COMMERCE DEGREE

Of
BENGALURU NORTH UNIVERSITY
By
Mr. Chethan Raj N
REG NO: U19IK21COO21
UNDER THE GUIDANCE OF
Mrs. Kasturi L
Assistant Professor
And
Head Of The Department Of Commerce
Sri Bhagawan Mahaveer Jain First Grade College K.G.F

SRI BHAGAWAN MAHAVEER JAIN FIRST GRADE

COLLEGE
Geetha Road Robertsonpet K.G.F – 563122
2023-2024
CERTIFICATE OF COMPANY
CERTIFICATE OF COLLEGE
 STUDENT DECLARATION

I Chethan Raj N, Reg. No. U19IK21C0021, hereby declare that this report
entitled “A Study on the financial performance analysis at Bharath Earth
Movers Limited”, during 6th semester B.com between the period from 17-04-
2024 to 04-05-2024 at BEML, K.G.F Complex” under the supervision and
guidance of Mrs. Kasturi L , Head Of The Department Of Commerce,
Sri Bhagawan Mahaveer Jain First Grade College, K.G.F.

Date: Signature

Place:

Chethan Raj N

Reg No: U19IK21C0021

 ACKNOWLEDGEMENT

The successful completion of this internship report required significant

guidance and assistance from many individuals, and I am truly grateful for their
support throughout this journey. Firstly, I would like to express my sincere
appreciation to Sri/Mr. APURVA SINHA, Head Of Finance Department,
BEML K.G.F Complex, for providing me with the opportunity to intern at their
esteemed organization. I am also deeply grateful to our faculty coordinator,
Mrs.Kasturi L, and our principal, Dr.Rekha Sethi, for their unwavering support
and for granting me the valuable opportunity to intern, which has been
instrumental in my learning and exposure to the field of accountancy and
finance. I would like to extend my heartful thanks to my parents for their
permission and constant encouragement throughout this internship.
Additionally, I am thankful to my friends for their support whenever I needed
their assistance during this project. Lastly, I would like to express my profound
gratitude to all individuals who directly or indirectly contributed to the
completion of this report.
 TABLE OF CONTENTS

CHAPTER TITLE PAGE NO

EXECUTIVE SUMMARY I
LIST OF TABLES II
LIST OF FIGURES III
1 INTRODUCTION 1-9
1.1 Finance 1
1.2 Features of Finance 1
1.3 Financial statements 2
1.4 Financial performance analysis 3
1.5 Balance sheet analysis 3
1.6 Comparative balance sheet 3
1.7 Scope of study 4
1.8 Objective of the study 5
1.9 Limitation of study 5
1.10 Ratio analysis 5
2 DESCRIPTION OF THE ORGANISATION 10-16
2.1 Industry profile 10
2.2 Company profile 10
2.3 Products and services 13
2.4 History 14
2.5 Vision 15
2.6 Mission 15
2.7 Values 15
2.8 Organizational structure 16
3 EXPERIENTIAL LEARNING 17-22
3.1 Tasks under taken in organisation
3.1 A Collection of data 17
3.1 B Sources of Data 17
3.1 C Theoretical review of ratio analysis 17
3.1 D Trend percentage analysis 20
3.1 E Comparative Balance Sheet 20
3.1 F Common size balance sheet 21
3.1 G Tools used for study 21
3.2 Skills development 21
3.3 Challenges faced 22
4 INTERNSHIP OUTCOMES AND CONCLUSION 23-34
4.1 ANALYSIS AND INTERPRETATION OF THE
FINANCIAL PERFORMANCE USING THE
METHOD OF RATIO ANALYSIS
4.1 A Current Ratio 23
4.1 B Absolute Liquid Ratio 24
4.1 C Working Capital Ratio 25
4.1 D Return On Equity Ratio 26
4.1 E Net Profit Ratio 27
4.1 F Debt Equity Ratio 28
4.1 G Asset Turnover Ratio 29
4.1 H Fixed Assets To Long Term Debt Ratio 30
4.1 I Return On Capital Employed Ratio 31
4.1 J Return On Investment Ratio 32
4.2 CONCLUSION 33
4.3 SUGGESTIONS 34
BIBLIOGRAPHY 35
Books Referred 35
Websites 35
Reports 35
Brochures 35
ANNEXURES 36-39
Comparative Balance sheet of the years 2019-2020 36
Comparative Balance sheet of the years 2020-2021 37
Comparative Balance sheet of the years 2021-2022 38
Comparative Balance sheet of the years 2022-2023 39
WEEKLY REPORT
 EXECUTIVE SUMMARY

In this project we are looking at the Financial Performance Analysis in a core sector industry.
Balance sheet review of the last five years along with the changes in the component wise
analysis of Current Asset and Current Liabilities to identify the causes of changes, with trend
analysis and comparative Balance sheet for a term of five years covering a case study of a
company to establish” The story of revival of a sick company”. In the words of Myers,
“Financial Performance Analysis is largely a study of relationship among the various financial
factors in a business as disclosed by a single set of statements and a study of the trends of
these factors as shown in a series of statements.”

The purpose of financial analysis is to diagnose the information content in financial statements
so as to judge the profitability and financial soundness of the firm. In this project we will
perform the financial analysis of BEML Limited we will go through the financial statements
of the company to diagnose financial soundness.

I
 LIST OF TABLES

TABLE NO. PARTICULARS PAGE NO.

1 Current Ratio 23
2 Absolute Liquid Ratio 24
3 Working Capital Ratio 25
4 Return On Equity Ratio 26
5 Net Profit Ratio 27
6 Debt Equity Ratio 28
7 Asset Turnover Ratio 29
8 Fixed Assets To Long Term Debt Ratio 30
9 Return On Capital Employed Ratio 31
10 Return On Investment Ratio 32

II
 LIST OF CHARTS

CHARTS NO. PARTICULARS PAGE NO

1 Current Ratio 23
2 Absolute Liquid Ratio 24
3 Working Capital Ratio 25
4 Return On Equity Ratio 26
5 Net Profit Ratio 27
6 Debt Equity Ratio 28
7 Asset Turnover Ratio 29
8 Fixed Assets To Long Term Debt Ratio 30
9 Return On Capital Employed Ratio 31
10 Return On Investment Ratio 32

III
 CHAPTER -1

INTRODUCTION

1.1 FINANCE

Finance is the study of money and how it is used. It deals with the questions of how an
individual, company or government acquires the money needed – called capital in the
company context – and how they then spend or invest that money.

1.2 FEATURES OF FINANCE

➢ Channelizing Funds: It is well established fact that financial system is a critical

element of any economy. Financial sector and financial markets perform the essential
function of channelling funds from people who have saved surplus funds by spending
less than their income to people who have a shortage of investible funds because their
plans to spend exceed their income.
➢ Acquisition, Allocation & Utilization of Funds: Finance as a function deals with
acquisition, allocation and utilization of funds. A business must ensure that adequate
funds are available from the right sources at the right cost at the right time. It needs to
decide the mode of raising fund, whether it is to be through the issue of securities or
lending from the bank. Once funds are acquired the funds have to be allocated to
various projects and services and finally the objective of the business is to earn
profits which on a very large extent depend upon how effectively and efficiently
allocated funds are utilized. Proper utilization of funds is based on sound investment
decisions, proper control and asset management policies and efficient management of
working capital.
➢ Maximization of Shareholder’s Wealth: The objective of any business is to maximize
and create wealth for the investors, which is measured by the price of the share of the
company. The price of the share of any company is a function of its present and
expected future earnings. Finance helps in defining policies and ways to maximize
the earnings.

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 ➢ Financial Management: Maximization of economic welfare of its owners is the
accepted financial objective of the firm. Hence, the objectives of finance are toj
ensure adequate and regular supply of funds to the business and provide a fair rate of
return to the suppliers of capital. Finance helps by ensuring efficient utilization of
capital and available resources according to the principles of profitability, liquidity
and safety. It provides a definite system for internal investment, financing and
internal controls. And finally attempts to minimize cost of capital by developing a
sound and economical combination of corporate securities.

1.3 FINANCIAL STATEMENTS

Financial statements (or financial reports) are formal records of the financial activities and
position of a business, person, or other entity. Relevant financial information is presented in a
structured manner and in a form, which is easy to understand. They typically include four
basic financial statements accompanied by a management discussion and analysis

➢ BALANCE SHEET: A balance sheet is a financial statement that reports a

company’s assets, liabilities and shareholders’ equity at a specific point in
time and provides a basis for computing rates of return and evaluating its
capital structure. It is a financial statement that provides a snapshot of what a
company owns and owes, as well as the amount invested by shareholders.
➢ INCOME STATEMENT: It is one of the financial statements of a company
and shows the company’s revenues and expenses during a particular period It
indicates how the revenue are transformed into the net income or net profit.
The purpose of the income statement is to show managers and investors
whether the company made money (profit) or lost money (loss) during the
period being reported.
➢ CASH FLOW STATEMENT: It is a financial statement that shows how
changes in balance sheet accounts and income affect cash and cash
equivalents, and breaks the analysis down to operating, investing, and
financing activities.

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1.4 FINANCIAL PERFORMANCE ANALYSIS
Financial performance analysis is the process of identifying the financial strengths and
weaknesses of the firm by properly establishing the relationship between the items of balance
sheet and profit and loss account.
1.5 BALANCE SHEET ANALYSIS
Balance sheet analysis can be defined as an analysis of the assets, liabilities, and equity of a
company. This analysis is conducted generally at set intervals of time, like annually or
quarterly. The process of balance sheet analysis is used for deriving actual figures about the
revenue, assets, and liabilities of the company.
1.6 COMPARATIVE BALANCE SHEET
A comparative balance sheet presents side-by-side information about an entity’s assets,
liabilities, and shareholders’ equity as of multiple points in time. For example, a comparative
balance sheet could present the balance sheet as of the end of each year for the past three
years. Another variation is to present the balance sheet as of the end of each month for the
past 12 months on a rolling basis. In both cases, the intent is to provide the reader with a
series of snapshots of a company’s financial position over time, which is useful for
developing trend line analyses
➢ COMPARATIVE BALANCE SHEET ANALYSIS : A comparative balance sheet
analysis is a method of analyzing a company’s balance sheet over time to identify
changes and trends
➢ ADVANTAGES
1.Comparison: The comparative statements show the figures of various firms or number
of years side by side i.e. both for inter-firm comparison and intra-firm comparison.
2. Horizontal Analysis: The variables are arranged horizontally for the purpose of
analysis and interpretations of data taken from financial statements for assessing
profitability, overall efficiency and financial position of a firm.
3. Trend Analysis: The comparative financial statement helps to ascertain the ‘trend’
relating to sales, cost of goods sold, operating expenses etc. So that a proper
comparison can easily be made which helps the analyst to understand the overall
performance of a firm.
4. Trend and Directions: The comparative financial statement provides necessary
information for comparison of trends in related items e.g. the analyst can compare the
trend of sales with the trend of accounts receivable which gives very useful

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 information. A 20% increase in accounts receivable and an increase of sales by only
10% warrants investigation into the reasons for this difference in the rate of increase.
5. Measuring Financial: Comparative financial statements help to measure important
Distress financial ratios which are used for predicting financial distress and predicting
corporate failure with the help of Multivariate Model
➢ Purpose of Comparative balance Sheet
1. Make the Data Simpler and More Understandable: When data for a number of
years are put side-by-side in a comparative ‘form it becomes easier to understand them
and the conclusions regarding the profitability and financial position of the concern can
be drawn very easily
2. To Indicate the Trend: This helps in indicating the trend of change by putting the
figures of production, sales, expenses, profits etc. For number of year’s side-by-side.
3. To Indicate the Strong Points and Weak Points of the Concern: It may also
indicate the strong points and weak points of the firm. Management can then investigate
and find out the reasons for the weak areas and can take corrective measures.
4. To Compare the Firm’s Performance with the Average Performance of the
Industry: Comparative financial statements help a business unit to compare its’
performance with the average performance of the industry.
5. To Help in Forecasting: Comparative study of the changes in the key figures over a
period helps the management in forecasting the profitability and financial soundness of
the business.

➢ DISADVNTAGES
1. These statements do not present the change in various items in relation to total
assets, total liabilities or net sales.
2. These statements are not useful in comparing financial statements of two or more
business because there is no common base.

1.7 SCOPE OF THE STUDY

• The scope of the study is geared towards identifying important areas of control and to
establish model for better control of the various components of working capital.
• The study would also attempt to identify the various source available for financing of
working capital.

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• The study gives a fair idea of improvement in efficiency of working capital management
and also to have proper control over the components of working capital and managing of
efficiency.

1.8 OBJECTIVE OF THE STUDY

• To know the financial performance of BEML.
• To study the short term solvency in BEML.
• To know the long term solvency in BEML.
• To find out the various financial ratios related to BEML.

1.9 LIMITATIONS OF THE STUDY

• The limitations of the study are as follows
1. The study is covered only to the past financial performance of company under taken for the
study.
2. Some of the data has not given by the company due to maintenance of financial secrecy.
3. The period of the study is restricted to 5 years
4. So the study cannot be covered to all the areas.
The financial data cannot be estimated accurately for the future period due to the financial
crisis. tive and analytical in nature; we made use of the trading centre throughout most of the
term. Students calculate and interpret financial data, build spreadsheet models, and make
general conclusions about the financial health of a company and its intrinsic value.

1.10 RATIO ANALYSIS

Ratio analysis is a quantitative method of gaining insight into a company’s liquidity,

operational efficiency, and profitability by comparing information contained in its financial
statements. Ratio analysis is a cornerstone of fundamental analysis.

1. Liquidity Ratios – First among types of financial ratios is liquidity ratio; it used to judge
the paying capacity of a business towards its short-term liabilities. It helps with the evaluation
of a company’s ability to satisfy its short-term commitments.

2. Solvency Ratios – second among types of accounting ratios is solvency ratios; it helps to
determine a company’s long-term solvency. It is often used to judge the long-term debt
paying capacity of a business.

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3. Activity Ratios – Activity ratios are also known as performance ratios, efficiency ratios &
turnover ratios. They are an important subpart of financial ratios as they symbolise the speed
at which the sales are being made.

4. Profitability Ratios – Efficiency leads to profitability and profitability is the ultimate

indicator of the overall success of a business. Profitability ratio shows earning capacity of the
business with respect to the resources employed.

➢ ADVANTAGES:
1. Forecasting and Planning:
The trend in costs, sales, profits and other facts can be known by computing ratios of
relevant accounting figures of last few years. This trend analysis with the help of ratios
may be useful for forecasting and planning future business activities.

2. Budgeting:
Budget is an estimate of future activities on the basis of past experience. Accounting
ratios help to estimate budgeted figures. For example, sales budget may be prepared with
the help of analysis of past sales.

3. Measurement of Operating Efficiency:

Ratio analysis indicates the degree of efficiency in the management and utilisation of its
assets. Different activity ratios indicate the operational efficiency. In fact, solvency of a
firm depends upon the sales revenues generated by utilizing its assets.

4. Communication:
Ratios are effective means of communication and play a vital role in informing the
position of and progress made by the business concern to the owners or other parties.

5. Control of Performance and Cost:

Ratios may also be used for control of performances of the different divisions or
departments of an undertaking as well as control of costs.

6. Inter-firm Comparison:
Comparison of performance of two or more firms reveals efficient and inefficient firms,
thereby enabling the inefficient firms to adopt suitable measures for improving their

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efficiency. The best way of inter-firm comparison is to compare the relevant ratios of the
organisation with the average ratios of the industry.

7. Indication of Liquidity Position:

Ratio analysis helps to assess the liquidity position i.e., short-term debt paying ability of a
firm. Liquidity ratios indicate the ability of the firm to pay and help in credit analysis by
banks, creditors and other suppliers of short-term loans.

8. Indication of Long-term Solvency Position:

Ratio analysis is also used to assess the long-term debt-paying capacity of a firm. Long-
term solvency position of a borrower is a prime concern to the long-term creditors,
security analysts and the present and potential owners of a business. It is measured by the
leverage/capital structure and profitability ratios which indicate the earning power and
operating efficiency. Ratio analysis shows the strength and weakness of a firm in this
respect.

9. Indication of Overall Profitability:

The management is always concerned with the overall profitability of the firm. They want
to know whether the firm has the ability to meet its short-term as well as long-term
obligations to its creditors, to ensure a reasonable return to its owners and secure
optimum utilisation of the assets of the firm. This is possible if all the ratios are
considered together.

10. Signal of Corporate Sickness:

A company is sick when it fails to generate profit on a continuous basis and suffers a
severe liquidity crisis. Proper ratio analysis can give signal of corporate sickness in
advance so that timely measures can be taken to prevent the occurrence of such sickness.

11. Aid to Decision-making:

Ratio analysis helps to take decisions like whether to supply goods on credit to a firm,
whether bank loans will be made available etc.

12. Simplification of Financial Statements:

Ratio analysis makes it easy to grasp the relationship between various items and helps in
understanding the financial statements.

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 ➢ DISADVANTAGES:

1. Limitations of Financial Statements:

Ratios are calculated from the information recorded in the financial statements. But financial
statements suffer from a number of limitations and may, therefore, affect the quality of ratio
analysis.

2. Historical Information:
Financial statements provide historical information. They do not reflect current conditions.
Hence, it is not useful in predicting the future.

3. Different Accounting Policies:

Different accounting policies regarding valuation of inventories, charging depreciation etc.
make the accounting data and accounting ratios of two firms non-comparable.

4. Lack of Standard of Comparison:

No fixed standards can be laid down for ideal ratios. For example, current ratio is said to be
ideal if current assets are twice the current liabilities. But this conclusion may not be
justifiable in case of those concerns which have adequate arrangements with their bankers for
providing funds when they require, it may be perfectly ideal if current assets are equal to or
slightly more than current liabilities.

5. Quantitative Analysis:
Ratios are tools of quantitative analysis only and qualitative factors are ignored while
computing the ratios. For example, a high current ratio may not necessarily mean sound
liquid position when current assets include a large inventory consisting of mostly obsolete
items.

6. Window-Dressing:
The term ‘window-dressing’ means presenting the financial statements in such a way to show
a better position than what it actually is. If, for instance, low rate of depreciation is charged,
an item of revenue expense is treated as capital expenditure etc. the position of the concern
may be made to appear in the balance sheet much better than what it is. Ratios computed
from such balance sheet cannot be used for scanning the financial position of the business.

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7. Changes in Price Level:
Fixed assets show the position statement at cost only. Hence, it does not reflect the changes in
price level. Thus, it makes comparison difficult.

8. Causal Relationship Must:

Proper care should be taken to study only such figures as have a cause-and-effect
relationship; otherwise ratios will only be misleading.

9. Ratios Account for one Variable:

Since ratios account for only one variable, they cannot always give correct picture since
several other variables such Government policy, economic conditions, availability of
resources etc. should be kept in mind while interpreting ratios.

10. Seasonal Factors Affect Financial Data:

Proper care must be taken when interpreting accounting ratios calculated for seasonal
business. For example, an umbrella company maintains high inventory during rainy season
and for the rest of year its inventory level becomes 25% of the seasonal inventory level.
Hence, liquidity ratios and inventory turnover ratio will give biased picture.

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 CHAPTER 2

DESCRIPTION OF THE ORGANISATION

2.1 INDUSTRY PROFILE

Industry is a guide for economic development and is the backbone of the country. The
development and growth of a country depend to a large extent on the industrialization of its
economy.

We work in the public sector to manufacture coaches, spare parts and railway equipment in
the Bengaluru complex. BEML has experienced growth and sales for more than four years at
the forefront for the engineering sector. The company is a multi-technology company that
offers high quality products in various economic fields such as coal, mining, steel, limestone,
defence, metro & railways. In line with global technology trends, the company has set up a
central research and development center for the study of the Bengal Rail Metro Rail system.
They have incorporated sophisticated equipment such as CNC machines, high-tech welding
equipment and flexible manufacturing systems to produce state of the art products. All
manufacturing facilities are ISO 9001-2000 certified.

As part of the company’s globalization strategy, in addition to its offices in Malaysia and
China, the company has recently expanded its global reach by establishing local companies in
Indonesia and Brazil. BEML has a national marketing network for sales and construction
equipment services covering national market penetration in 22 provinces and metropolitan
areas and in two union areas, with Asia, Africa, Latin America, Europe and the Middle East.
It covers the countries of the world to cover. In order to increase its global presence, BEML
has opened offices abroad and launched strategic alliances.

2.2 COMPANY PROFILE

BEML Limited (it is formerly Bharath Earth Movers Limited) it was recognized in the ear
May 1964 as the public sector responsible for the manufacturing of railway cars, spare parts
and mining equipment in the Bangalore complex. The company has partially abolished the
investment and the Indian Government now holds fifty four per cent of the total capital. The

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remaining forty six per cent is owned by public institution, financial institutional, foreign
institutional investors, banks and employees.

BEML plays a key role in the country and provides services to India in key areas such as
Defence, Railways, Electricity, Mining and Infrastructure. Our company’s reliably
maintained sales of 5 cr from 1965 to the present day and, thanks to the diversity of its
business portfolios, we achieved a turnover of over 3,500 cr. The company’s three main
business segments are railways & metro, defence related products, and the mining &
construction sectors. Nine production units are Kolar Gold Fields ( KGF), Mysuru, Palakad
(Kerala) & its subsidiary Vignyan Industries Ltd, Chickkamagalur. BEML products are
marketed and tested through its extensive marketing network covering the entering country.
BEML products are exported more than fifty six countries. As part of its globalization
approach. The company recently established local companies in Indonesia & Brazil, and then
expanded to offices in Malaysia & China to expand its global reach.

BEML products are exported to more than fifty six countries. As part of its approach to
Globalize the company has recently expanded its global reach through establishing local
companies in Indonesia & Brazil and expanding its offices in Malaysia & China.

The company operated in 3 major business sectors: Mining & Construction, Defence, Rail &
metro. Previous cases are handled with information for the director who is the executive
director of the company and its chairman and executive director. In addition, non-domestic
products are managed by the sales department.

BEML manufacture defence products supporting Tatra-based high mobility trucks for tank
transport trailers, missile project vehicles, land vehicles such as Milrail trucks, Plow mines,
fires, snow cutters etc. The company plans to consider updates in the field of battle tanks,
with the aim of developing products and assembling them.

The company is also part of the mining and construction industry, which produces mine
related products such as loaders, dumper, excavators, motor graders and provides them to
various user segments.

The Railways and Metro divisions manufacture and supply vehicles for railways, metro cars,
AC EMU, OHE cars, steel cards and aluminium rail cars.

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We managed to maintain our infrastructure and R & D team with a consistent policy of
complying with all technical requirements, through internal R & D alliances and Strategic
technology with global players.

NATURE OF THE COMPANY

Over the past 30 years, BEML has established itself as a leading company in the field of
advanced ground circulation machines operating in various economic zones BEML operates
in three main commercial sectors for the manufacture of related equipment.

➢ Mining and Construction Activity

BEML Limited offers complete and varied mining machines for open pit and underground
mines. BEML manufactures machinery such as electric shovels, excavators, shell loaders,
dumper, bulldozers, graders, tire handlers, water sprinklers and backhoe loaders.

➢ Rail and Business subway

In recent years, BEML Limited has entered the high-tech subway trains deployed to move
around the city. BEML is expanding its infrastructure to meet the larger needs of planned
metro projects in the country. In addition, BEML full rail Trainer, Air Electrical Inspection
Card, Pickup Truck , Unit soil management, Truck Positioning Equipment, Wide Gauge Bus
etc.

➢ Defence affairs

BEML Limited the leading manufacturer of defence equipment in India, keeps the Indian
Army and other defence forces at the forefront of military equipment. The company
manufactures.

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2.3 PRODUCTS AND SERVICES

DEFENCE & MINING & RAIL & METRO

AEROSPACE CONSTRUCTION

• Tatra based high • Bull Dozers • Integral Rail

MobilityTrucks Coaches
• Excavators
• Recovery Vehicles • Metro Cars
• Loaders
• Bridge Systems
• AC EMUs
• Vehicles forMissile • Pipe Layers
• OHE Cars
Projects • WheeledDozers
• Tank Transportation • Steel and
• Tyre Handlers
Trailers Aluminum
• Shovels
• Milrail Wagons Wagons
• Mine Ploughs • Dumpers • Track Laying

• Water Sprinklers Equipment

• Crash FireTenders
• Utility
• Snow Cutters • Motor Graders
Vehicles
• Aircraft Towing • Under Mining
• Treasury
tractors Equipment
Vans
• Aircraft Weapon
• Spoil
LoadingTrolley
Disposal
Units
• Broad gauge
Rail bus

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BEML has the following manufacturing units spread over four locations:

1. Kolar Gold Fields (KGF) Complex:

o Heavy Earth Moving Division
o Rail Coach Unit II
o Heavy Fabrication Unit
o Hydraulic & Power line Division

2. Mysore Complex :
o Truck Division
o Engine Division
o Aerospace Manufacturing Division

3. Bangalore Complex :
o Rail & Metro Division

4. Palakkad Complex [Kerala State] :

o defence products manufacturing
o BEML - Tatra Trucks 12x12, 10x10, 8x8, 6x6, 4x4 & variants
Pontoon bridge system

2.4 HISTORY

BEML Limited was incorporated on 11.05.1964 with the objective to provide total
engineering solutions for defence, earth moving and infrastructure sectors. BEML Ltd. has
nine manufacturing units located at Bangalore, Kolar Gold Fields (KGF) & Mysore in the
state of Karnataka and Palakkad in Kerala. It has a subsidiary steel Foundry-Vignyan
Industries Ltd. in Tarikere, Chikmagalur District, Karnataka. All the manufacturing Divisions
of BEML have been accredited with ISO 9001-2015 certification. The Marketing network of
the Company comprises of Offices spreading over the Country, providing sales & after sales
support services. The company has an in-house R&D setup. It is a Miniratna CPSE with the
administrative jurisdiction of Department of Defence Production, Ministry of Defence.

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2.5 VISION

Become a market leader, as a diversified company, supplying quality products and services to
Defence and Aerospace, Mining and Construction, Rail and Metro and to emerge as a
prominent international player.

2.6 MISSION

• Improve competitiveness through collaboration, strategic alliances and joint ventures.

• Grow profitability by aggressively pursuing business and market opportunities in
domestic and international markets.
• Adoption of state-of -the-art technologies and bring in new products through Transfer
of Technology and in-house R&D.
• Continue in diversified growth in new products and markets.
• Attract and retain people in a rewarding and inspiring environment by fostering
creativity and innovation.
• Offer technology and cost effective solutions.

2.7 VALUES

Reiterate your commitment towards holding ‘BEML FIRST’ with the intrinsic values and
culture as guiding principles in the following areas:

F- Focus on customer: We strive to achieve customers appreciate in all our actions

I- Innovation and Technology: In all our work, we benefit from our continuous learning,
innovations and technology.

R- Reliability and Quality: We build reliability and quality in all our products and services

S- Speed and Responsiveness: We are agile and respond to the needs and challenges of all
stake holders with fast execution.

T- Trust and Teamwork: We help each other succeed through integrity, trust, respect,
transparency, teamwork and socially responsible entrepreneurship.

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 2.8 ORGANISATIONAL STRUCTURE

MINISTER OF DEFENCE

CHAIRMAN AND
MANAGING DIRECTOR

DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR

MINING
&CONSTRUCTIONS
DEFENCE RAIL&METRO HR FINANCE

F F F F F

CHIEF GENERAL MANAGER

GENERAL MANAGER

DEPUTY GENERAL MANANGER

ASSISTANT GENERAL MANAGER

MANAGER

ASSIATANT MANAGER

ENGINEER

ASSISTANT ENGINEER

SUPERVISOR

DEPUTY SUPERVISOR

EMPLOYEES

GROUP-A GROUP-B GROUP-C GROUP-D GROUP-E

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 CHAPTER 3

EXPERIENTIAL LEARNING

3.1 TASKS UNDERTAKEN IN ORGANISATION

3.1 A COLLECTION OF DATA

This study is based on the secondary data collected from BEML Annual Report,Balance
Sheet, Financial Ratios and various other financial statements.
3.1 B SOURCE OF DATA
PRIMARY DATA:
The data has been collected by myself in the organization by communicating with the
employees and by going through the service manuals of respective departments.

SECONDARY DATA:

The Secondary has been collected from company annual report, journal, magazine, and
website. Period of Study: 5years from 2018-2019 to 2022-2023.

3.1 C THEORETICAL REVIEW RATIO ANALYSIS

A ratio is a mathematical relationship between two items expressed in a quantitative

form. Ratio can be defined as Relationship expressed kin quantitative terms between
figures which have cause and effect relationship which are connected with each other in
some manner or the other. Ratio analysis involves the process of computing determining
and presenting the relationship of items or groups of items of financial statements.

1) CURRENT RATIO

The ratio of current assets to current liabilities is called current ratio. In order to
measure the short-term liquidity or solvency of a concern, comparison of current assets
and current liabilities is inevitable. Current ratio indicates the ability of a concern to
meet its current obligations as and when they are due for payment.
CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES

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2) ABSOLUTE LIQUIDITY RATIO

This ratio also known as absolute liquidity ratio or super quick ratio. Its calculated
when liquidity is highly restricted in terms of cash and cash equivalents.

CASH POSITION RATIO= CASH AND COMPANY BALANCES +

MARKETABLE SECURITIES/CURRENT LIABILITIES

3) WORKING CAPITAL RATIO

A measure comparing the depletion of working capital to the generation of sales over a
given period. This provides some useful information as to how effectively a company
is using its working capital to generate sales.

WORKING CAPITAL RATIO = NET SALES / WORKING CAPITAL

4) RETURN ON EQUITY RATIO

Return on equity (ROE) is the measure of a company’s net income divided by its share
holder’s equity. ROE is a gauge of a corporation's profitability and how efficiently it
generates those profits. The higher the ROE, the better a company is at converting its
equity financing into profits.

RETURN ON EQUITY RATIO = NET PROFIT AFTER TAX / AVERAGE

SHARE HOLDER EQUITY

5) NET PROFIT RATIO

Net profit ratio is the ratio indicating the company’s or firm’s profit in a business
segment. It is calculated by dividing the company's profit by the net sales.

NET PROFIT RATIO = NET PROFIT / NET SALES

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6) DEBT EQUITY RATIO

The debt-equity ratio is a measure of the relative contribution of the creditors and
shareholders or owners in the capital employed in business. Simply stated, ratio of the
total long term debt and equity capital in the business is called the debt-equity ratio.

DEBT EQUITY RATIO = LONG TERM DEBT /SHAREHOLDERS FUND

7) ASSET TURNOVER RATIO

The asset turnover ratio measures the efficiency of a company’s assets in generating
revenue or sales. It compares the dollar amount of sales (revenues) to its total assets as
an annualized percentage. Thus, to calculate the asset turnover ratio, divide net sales or
revenue by the average total assets.
ASSET TURNOVER RATIO = TOTAL INCOME / TOTAL ASSETS

8) FIXED ASSET RATIO

Fixed Assets ratio is a type of solvency ratio long-term solvency which is found by
dividing total fixed assets (net) of a company with its long-term funds. It shows the
amount of fixed assets being financed by each unit of long-term funds. It helps to
determine the capacity of a company to discharge its obligations towards long-term
lenders indicating its financial strength and ensuring its long-term survival.

FIXED ASSET RATIO = FIXED ASSET / LONG TERM FUND

9) RETURN ON CAPITAL EMPLOYED RATIO

The term return on capital employed (ROCE) refers to a financial ratio that can be used
to assess a company’s profitability and capital efficiency. In other words, this ratio can
help to understand how well a company is generating profits from its capital as it is put
to use.

RETURN ON CAPITAL EMPLOYED RATIO = EBIT / CAPITAL EMPLOYED

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 10) RETURN ON INVESTMENT RATIO

Return on investment (ROI) ratio is a ratio which is used to find the return or amount
gained by their investment made. It is calculated by dividing the profit earned on an
investment by the cost of that investment.

ROI RATIO = NET PROFIT / SHARE CAPITAL

3.1 D TREND PERCENTAGE ANALYSIS:

The next important tools of analysis are trend percentage which plays significant role in
analyzing the financial stature of the enterprise through base years performance ratio
computation. This not only reveals the trend movement of the financial performance of
the enterprise but also highlights the strengths and weaknesses of the enterprise The
following ratio is being used to compute the trend percentage

CURRENT YEAR
= ------------------------------------------- X 100
PREVIOUS YEAR

This trend ratio is being computed for every component for many numbers of years
which not only facilitates comparison but also guides the firm to understand the trend
path of the firm.

3.1 E COMPARETIVE BALANCE SHEET:

The comparative balance sheet analysis is the study of the trend of the same items, group
of items and computed items in two or more balance sheet of the same business
enterprise on different dates. The changes in periodic balance sheet items reflect the
conduct of a business. The changes can be observed by comparison of the conduct of a
business the changes can be observed by comparison of the balance sheet at the
beginning at the end of period and these changes can help in forming an opinion about
the progress of an enterprise. Procedure of Comparative Balance Sheet: The
Comparative balance sheet has two columns for the data of original balance sheet.
Third column is used to show increases in figures. The Fourth column is use to give

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 percentages of increase or decrease. Uses of comparative balance sheet: Comparative
statement helps to comparing the figures with those of the previous years event, it is
possible to determine where expenses increased or decreased Comparative balance
sheet helps to how to plan the following years event.

3.1 F COMMON SIZE BALANCE SHEET:

A balance sheet in which the items are expressed as percentages of total assets or total
liabilities. A common-size statement is most useful when one attempts to compare a
company to similar companies of different size or when one is comparing year-to-year
variations in capital structure in the same company. This type of financial statement
can be used to allow for easy analysis between companies or between time periods of a
company.

3.1 G TOOLS USED FOR STUDY

The following are major tools used in analysis and interpretation

. • Ratio analysis

• Trend percentage analysis

. • Common size balance sheet statement.

• Comparative balance sheet statement.

3.2 SKILLS DEVELOPMENT

Skill development is the process of improving specific skills to be more efficient and
effective when you perform a task.

Skills developed during the Internship are as follows,

1) Financial analysis
2) Budgeting
3) Forecasting
4) Financial modelling
5) Data analysis
6) Market research

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 7) Report writing
8) Communication
9) Team work
10) Attention to detail.

3.3 CHALLANGES FACED

1) Adapting to new environment

2) Assignment of insignificant work
3) Lack of self-confidence
4) Fear of making mistakes
5) Building relationships and networking
6) Lack of communication
7) Limitations to access financial statements.

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 CHAPTER-4

INTERNSHIP OUTCOMES AND CONCLUSION

4.1 ANALYSIS AND INTERPRETATION OF FINANCIAL

PERFORMANCE USING THE METHOD RATIO ANALYSIS

4.1 A: CURRENT RATIO

TABLE - 1: CURRENT RATIO (Rs.in lakh)

YEAR CURRENT ASSET CURRENT LIABILITY CURRENT RATIO

2018-2019 4,16,591.37 2,00,068.76 2.08
2019-2020 4,15,947.83 1,43,773.53 2.89
2020-2021 4,85,885.17 2,08,508.40 2.33
2021-2022 4,84,823.00 2,02,635.76 2.39
2022-2023 4,26,647.86 1,78,617.53 2.38

INTERPRETATION:

The current ratios have been plotted into a chart. The chart shows as decreasing trend in
the coming year to be expected. A decline in this ratio can be attributable to an increase in
short-term debt, a decrease in current assets or a combination of both. Here ratio has
decreased due to combination of both, but the organization is capable of paying back their
short term debt.
CHART - 1:

Representing the comparison of Current ratio from 2018-2019 to 2022-2023.

CURRENT RATIO
3.5
3
2.5
2
1.5 CURRENT RATIO
1
0.5
0
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

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4.1 B: ABSOLUTE LIQUID RATIO

TABLE – 2: ABSOLUTE LIQUID RATIO (Rs.in lakh)

YEAR CASH AND CASH CURRENT ABSOLUTE

EQUIVALENT LIABILITY LIQUID RATIO
2018-2019 2,236.96 2,00,068.76 0.0110
2019-2020 2,734.15 1,43,773.53 0.0190
2020-2021 438.86 2,08,508.40 0.0021
2021-2022 1,644.46 2,02,635.76 0.0081
2022-2023 907.28 1,78,617.53 0.0050

INTERPRETATION:

The absolute liquid ratio has been plotted into a chart. The chart shows a decreasing trend
in the coming years to be expected. A decline in this ratio can be attributable to an increase in
current liability, a decrease in cash and cash equivalents or a combination of both. Here the
ratio is decreased due to inefficient maintenance of cash and cash equivalents. The
organisation should look after the liquidity seriously and increase the liquidable assets to
reduce risk.

CHART - 2:

Representing the comparison of Absolute liquid ratio from 2018-2019 to 2022-2023.

ABSOLUTE LIQUID RATIO

0.02
0.018
0.016
0.014
0.012
0.01
ABSOLUTE LIQUID RATIO
0.008
0.006
0.004
0.002
0
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

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4.1 C: WORKING CAPITAL RATIO

TABLE – 3: WORKING CAPITAL RATIO (Rs.in lakh)

YEAR NET SALES WORKING CAPITAL RATIO

2018-2019 348106 216523 1.61

2019-2020 302882 273011 1.11
2020-2021 355721 277377 1.28
2021-2022 433750 282187 1.54
2022-2023 389890 248030 1.58

INTERPRETATION

The working capital ratio has been plotted into a chart. The chart shows a increasing trend
in the coming years to be expected. An incline in this ratio can be attributable to an increase
in sales, a decrease in working capital or a combination of both. Here the ratio is increased
due to growth in sales and a slight decrease in working capital.

CHART - 3:

Representing the comparison of working capital ratio from 2018-2019 to 2022-2023.

WORKING CAPITAL RATIO

1.8

1.6

1.4

1.2

1
WORKING CAPITAL RATIO
0.8

0.6

0.4

0.2

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

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4.1 D: RETURN ON EQUITY RATIO

TABLE – 4: RETURN ON EQUITY RATIO (Rs.in lakh)

YEAR NET PROFITS AFTER AVERAGE SHARE RATIO

TAXES HOLDERS EQUITY
2018-2019 6349.24 219696.88 0.0289
2019-2020 6368.05 225019.43 0.0283
2020-2021 6890.03 223352.71 0.0311
2021-2022 12858.84 226561.85 0.0570
2022-2023 15878.22 235096.55 0.0675

INTERPRETATION

The return on equity ratios have been plotted into a chart. The chart shows a Increasing
trend in the coming years to be expected. An incline in this ratio can be attributable to an
increase in profits. Here the ratio is increased due to growth in sales and services provided by
the organisation.

CHART - 4:

Representing the comparison of Return on equity ratio from 2018-2019 to 2022-2023.

RETURN ON EQUITY RATIO

0.08

0.07

0.06

0.05

0.04
RETURN ON EQUITY RATIO
0.03

0.02

0.01

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

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4.1 E: NET PROFIT RATIO:

TABLE – 5: NET PROFIT RATIO (Rs.in lakh)

YEAR NET PROFIT NET SALES RATIO

2018-2019 6349.24 348106 0.0185

2019-2020 6368.05 302882 0.0210
2020-2021 6890.03 355721 0.0193
2021-2022 12858.84 433750 0.0301
2022-2023 15878.22 389890 0.0410

INTERPRETATION

The net profit ratios have been plotted into a chart. The chart shows a Increasing trend in
the coming years to be expected. An incline in this ratio can be attributable to an increase in
sales, a increase in net profit or a combination of both. Here the ratio is increased due to
growth in sales and the net profit of the organisation is growing year by year.

CHART - 5:

Representing the comparison of net profit ratio from 2018-2019 to 2022-2023.

NET PROFIT RATIO

0.045

0.04

0.035

0.03

0.025

0.02 NET PROFIT RATIO

0.015

0.01

0.005

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

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4.1 F: DEBT EQUITY RATIO

TABLE – 6: DEBT EQUITY RATIO (Rs.in lakh)

YEAR LONG TERM DEBT SHARE HOLDERS RATIO

FUNDS
2018-2019 40196.90 218724.16 0.1837

2019-2020 33919.69 225715.68 0.1502

2020-2021 74334.35 221424.38 0.3357

2021-2022 82257.40 235631.92 0.3490

2022-2023 37083.50 242108.22 0.1531

INTERPRETATION

The debt equity ratios have been plotted into a chart. The chart shows a Decreasing trend in
the coming years to be expected. A decline in this ratio can be attributable to an increase in
share holders fund, a decrease in long term debt or a combination of both. Here the ratio is
decreased due to combination of both, the equity of the company's shareholders is bigger, and
it does not require any money to finance its business and operations for growth.

CHART - 6:

Representing the comparison of debt equity ratio from 2018-2019 to 2022-2023.

DEBT EQUITY RATIO

0.4

0.35

0.3

0.25

0.2
DEBT EQUITY RATIO
0.15

0.1

0.05

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

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4.1 G: ASSET TURNOVER RATIO

TABLE – 7: ASSET TURNOVER RATIO (Rs.in lakh)

YEAR TOTAL INCOME TOTAL ASSETS RATIO

2018-2019 350417.72 500049.57 0.7007

2019-2020 307736.31 506671.29 0.6073
2020-2021 361737.22 573955.01 0.6302
2021-2022 434422.93 565855.59 0.7677
2022-2023 392253.98 498372.64 0.7870

INTERPRETATION

The asset turnover ratios have been plotted into a chart. The chart shows a increasing trend
in the coming years to be expected. An incline in this ratio can be attributable to an increase
in income of organisation and decrease in assets or a combination of both. Here the ratio is
increased due to raise in income and addition of assets in organisation. The organisation
efficiently uses its assets to generate revenue from it.

CHART - 7:

Representing the comparison of asset turnover ratio from 2018-2019 to 2022-2023.

ASSET TURNOVER RATIO

0.9
0.8
0.7
0.6
0.5
0.4 ASSET TURNOVER RATIO

0.3
0.2
0.1
0
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

- 29 -
4.1 H: FIXED ASSET TO LONG TERM DEBT RATIO

TABLE – 8: FIXED ASSET TO LONG TERM DEBT RATIO (Rs.in lakh)

YEAR FIXED ASSETS LONG TERM DEBT RATIO

2018-2019 83458.20 258920.18 0.3223

2019-2020 90723.46 258920.60 0.3503
2020-2021 88069.84 296779.10 0.2967
2021-2022 81032.59 261726.90 0.3096
2022-2023 71724.78 264545.76 0.2711

INTERPRETATION

The fixed asset ratios have been plotted into a chart. The chart shows a decreasing trend in
the coming years to be expected. A decline in this ratio can be attributable to an increase in
long term debt, a decrease in fixed assets or a combination of both. Here the ratio is
decreased due to combination of both. The organisation should look after the long term debt
seriously and increase the fixed assets and also reduce further long term funds to reduce risk
and make efficient use of present funds.

CHART - 8:

Representing the comparison of fixed asset to long term debt ratio from 2018-2019 to
2022-2023.

FIXED ASSET T0 LONG TERM DEBT RATIO

0.4
0.35
0.3
0.25
0.2
FIXED ASSET RATIO
0.15
0.1
0.05
0
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

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4.1 I: RETURN ON CAPITAL EMPLOYED RATIO

TABLE – 9: RETURN ON CAPITAL EMPLOYED RATIO (Rs.in lakh)

YEAR EBIT CAPITAL EMPLOYED RATIO

2018-2019 25993 297203 0.0874

2019-2020 13586 336494 0.0403
2020-2021 20262 334762 0.0605
2021-2022 32114 333229 0.0963
2022-2023 38884 278510 0.1396

INTERPRETATION

The return on capital employed ratios has been plotted into a chart. The chart shows a
increasing trend in the coming years to be expected. An incline in this ratio can be
attributable to an increase EBIT, a decrease in working capital or a combination of both. Here
the ratio is increased due to growth in EBIT and a slight decrease in working capital. This
result in decline of profitability in business, by reducing cost and increasing sales helps to
increase the return on capital employed.

CHART – 9:

Representing the comparison of return on capital employed ratio from 2018-2019 to

2022-2023.

RETURN ON CAPITAL EMPLOYED RATIO

0.16
0.14
0.12
0.1
0.08 RETURN ON CAPITAL EMPLOYED
RATIO
0.06
0.04
0.02
0
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

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4.1 J: RETURN ON INVESTMENT RATIO

TABLE – 10: RETURN ON INVESTMENT RATIO (Rs.in lakh)

YEAR NET PROFIT SHARE CAPITAL RATIO

2018-2019 6349.88 214547.77 0.0295

2019-2020 6838.90 221538.68 0.0308
2020-2021 7480.16 218268.74 0.0340
2021-2022 13459.21 230678.77 0.0583
2022-2023 15878.22 239514.34 0.0662

INTERPRETATION

The return on capital employed ratios has been plotted into a chart. The chart shows a
increasing trend in the coming years to be expected. An incline in this ratio can be
attributable to an increase in net profits of organisation. Here the ratio is increased due to the
reduction in material consumption, employee costs, hence there is significant improvement in
returm on investment over years.

CHART – 10:

Representing the comparison of return on capital employed ratio from 2018-2019 to

2022-2023.

RETURN ON INVESTMENT RATIO

0.07

0.06

0.05

0.04

0.03 RETURN ON INVESTMENT RATIO

0.02

0.01

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

- 32 -
4.2 CONCLUSION

1. To measure the efficiency of the Organization – If we go through the ratio analysis

part, we will see that during the analysis of liquidity ratio there is down fall from
2020 onwards. The liquidity position of the company sounds good and the terminal
year has registered its growth positively and has established that current assets has
exceeded over current liabilities. There is also immense reduction of the percentage
of debt during the years, which is the company has low financial risk which is
beneficiary to the shareholders. If we go through the profitability ratios we will see
that the company is making profit and its operating efficiency is sound.
2. To judge the profit earning capacity of the Organization – The profitability position
of the organization on the whole for last five years as has been depicted before is
following a healthy and rising trend because of improved productivity, increased
turnover and containing cost between single digit inflation.
3. To know about the financial strength of the Organization – The debt burden of the
company is drastically reducing, which is a good indication for the shareholders that
the company is able to withstand it financial needs from its own generation and the
siphoning of funds from outer sources is gradually in decreasing order , From the
information in the dissertation, it can be said that the company is financially sound
and it is identified that the company including its eight subsidiaries has attained the
stage of profitability and it is a remarkable achievement in the arena of Financial
Management.
By analyzing the financial performance of the Company it is inferred that the company
financial position is found to be good. The ratios of the company are satisfactory. The
profitability of the company is satisfactory and shows a higher change in the profit when
compared with the previous years. The company has decreasing liabilities over years. The
company has also raised its investments and reserves for future purpose. This clearly
shows that the company is in the developing nature and their position in the society is
satisfactory.

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4.3 SUGGESTIONS

1. From the overall analysis of financial statements and component wise cost, the
company is being looked from all the dimension and finally it can be concluded that
economic health is sufficiently strong with huge cash reserve can enable the company for
diversification and many other ventures is being processed apart from the main
business of coal mining.
2. Cost aspect is also registering that the price increase is contained within the level of
inflation in spite of many other extraneous factors.
3. In my opinion it is a cash rich PSU and should go for diversification meeting all social
commitment.
4. In global context for its survival and growth many other conditional ties to be
complied.
5. Under corporate governance more transparency should be maintained and many
other commitments to be achieve.
6. Diversifying the product offerings.
7. Expanding the business into new markets to increase revenue streams.
8. Focusing on cost optimization and operational efficiency could help improve
margins and profitability.
9. Exploring strategic partnerships or alliances could provide access to new resources
and opportunities for growth.

- 34 -
BIBLOGRAPHY

1) BOOKS REFERRED:

“The interpretation of financial statements” by Benjamen graham

2) WEBSITES:

www.bemlindia.com

www.moneycontrol.com

www.bemlindia.in

www.indiainfoline.com

3) REPORTS:
1) BEML ANNUAL REPORT 2018-2019
2) BEML ANNUAL REPORT 2019-2020
3) BEML ANNUAL REPORT 2020-2021
4) BEML ANNUAL REPORT 2021-2022
5) BEML ANNUAL REPORT 2012-2023

4) BROCHURES:
1) DEFENCE AND AEROSPACE
2) MINING AND CONSTRUCTION
3) RAIL AND METRO
4) AATMANIRBHARATA
5) JOURNEY OF BEML SINCE 1964

- 35 -
ANNEXURE

COMPARATIVE BALANCE SHEET FOR THE YEARS 2019-2020

- 36 -
COMPARATIVE BALANCE SHEET FOR THE YEARS 2020-2021

- 37 -
COMPARATIVE BALANCE SHEET FOR THE YEARS 2021-2022

- 38 -
COMPARATIVE BALANCE SHEET FOR THE YEARS 2022-2023

- 39 -
 WEEKLY REPORT

1 St Week From 17/04/2024 To 20/04/2024

Plan Progress Challenges Mentor ORG
Faced Outcome Sign Sign
Internship Technical
Skill Skill
1.Payment of invoice
process.
2.Calculation of Adapting to
Materials penalty to vendors new Finance
Accounts for late delivery of environment Analysis
Department goods. skill
3. Operations in
SAP.
Study of HR Service
manual :
Human 1.Recruitment
Resource process Lack of
Establishment 2.Pay scale Analytical
communication
Department 3.Leave encashment skill
4.Gratuity
5.Pension
6.PF
Study of HR welfare
service manual:
Human 1.BEML Hospital
Resource 2.BEML School Lack of
Welfare Budgeting
3.BEML college communication
Department skill
4.Bus facilities for
employees and
school children.
 2nd Week From 22/04/2024 To 27/04/2024
Plan Progress Challenges Mentor ORG
Faced Outcome Sign Sign
Internship Technical
Skill Skill
Marketing Study of Marketing
department Service manual:
1.Market analysis
2.anticipation of Lack of Market
orders communication analyzing
3.Marketing skill
principles
4.Marketing
strategies
Materials Session on materials
Management management
department department functions
1.Budgeting
2.Tender operations Budgeting and
-------
3.Quality analysis Inventory mgt
skill
4.Negotiation
5.Imports
6.Inventory
management

3rd Week From 29/04/2024 To 04/05/2024

Plan Progress Challenges Mentor ORG
Faced Outcome Sign Sign
Internship Technical
Skill Skill
Visit to Hydraulics
and power line
division
Hydraulics and 1.Visit to shops in ------- Inventory
Power line H&P division management
Division 2.HR department skill
3. Visit to stores