Motor Insurance

FINANCIAL ANALYSIS OF PIPAVAV DEFENCE AND OFFSHORE ENGINEERING COMPANY LIMITED With reference to Pipavav Shipyard Company Ltd

A Major Project Report Submitted to GITAM Institute of Management, GITAM University in partial fulfillment for the Award of

INTEGRATED MASTER OF BUSINESS ADMINISTRATION Submitted by

SAVIJ KUMAR 1234109136 Under the esteemed guidance of Mrs. Uma Devi Assistant Professor

GITAM INSTITUTE OF MANAGEMENT GITAM UNIVERSITY VISAKHAPATNAM 2013-2014

DECLARATION I, SAVIJ KUMAR, hereby declare that this major project report entitled “FINANCIAL ANALYSIS OF PIPAVAV DEFENCE OFFSHORE & ENGINEERING COMPANY LIMITED” is submitted to the GIM-GITAM in partial fulfillment for the award of the degree of Integrated Master of Business Administration. This is a bon-a-fide work carried out by me under the guidance of Mrs. Uma Devi and has not been submitted to any other University or Institute or published earlier.

Place: Visakhapatnam

(SAVIJ KUMAR)

Date:

Regd: 1234109136

CERTIFICATE This is to certify that the major project entitled “FINANCIAL ANALYSIS

OF

PIPAVAV

DEFENCE

OFFSHORE

&

ENGINEERING COMPANY LIMITED” is a bon-a-fide work carried out by SAVIJ KUMAR under my guidance and has been submitted in the partial fulfillment for the award of the Degree

of

INTEGRATED

MASTER

OF

BUSINESS

ADMINISTRATION.

Place: Visakhapatnam Date:

Mrs. Uma Devi Assistant Professor

ACKNOWLEDGEMENTS I would like to express my gratitude to the Dean and Principal, Prof.K.Siva Rama Krishna, GITAM Institute of Management, GITAM University, Visakhapatnam for his encouragement throughout the academic period. I am grateful to Prof. P.Sheela, Vice-Principal, GITAM Institute of Management, GITAM University, Visakhapatnam, for giving me opportunity to work in this project and for her valuable advice.

I take this opportunity to record my everlasting thanks and hearty feeling of gratitude to my Project Guide and IMBA Program Coordinator, Mr. Leben Johnson, GITAM Institute of Management, GITAM University, Visakhapatnam, for giving me opportunity to work in this Project and for her valuable advice. I would like to express my sincere thanks to my father Mr. Ram Nath (SI), had given their reference to allow in an organization. Their valuable support, ideas and guidance are fulfilling in the completion of Project Work.

I would like to express my sincere gratitude to the Mr. Mehul Kumar Pandya, Head, Training & Development Cell, Pipavav Defence and Offshore Engineering Company Ltd for their valuable support and guidance during the entire course of the Project Work.

Date –

March2014

DECLARATION FORM

I hereby declare that the Summer Internship Project Work entitled, FINANCIAL ANALYSIS OF PIPAVAV DEFENCES AND OFFSHORE ENGINEERING COMPANY LTD submitted by me, SAVIJ KUMAR, Registered No. – 1234109136 for the partial fulfillment of the Integrated Master Of Business Administration(IMBA) to GITAM INSTITUTE OF MANAGEMENT is my own original work and has not been submitted earlier either to GITAM UNIVERSITY or to any other Institution for the fulfillment of the requirement for any course of study. I also declare that no chapter of this manuscript in whole or in part is lifted and incorporated in this report from any earlier / other work done by me or others.

Place : Date :

“Pipavav Defence And Offshore Engineering Company Ltd”., MARCH 2014

Signature of Student: Name of Student:

SAVIJ KUMAR

Address: Door No. 38-19-115/5, Gautami Garden, (Jyoti Nagar), Marripalem Post, Visakhapatnam, Andhra Pradesh-18

PREFACE

“Experience is the Best Teacher”- This saying plays a guiding role in inclusion of Summer Project as a part of IMBA study. This type of Industrial Training allows us an exposure to real Business Environment. Management training remains incomplete without practically understanding real management programmer. Theoretical knowledge alone is not enough for complete management training. The practical training in the form of Summer Project at the IMBA level develops awareness about real Management Environment in the students and also helps us to understand the difficulties and challenges in the Business World. Same way in terms of Industrial training I got an opportunity to go to an Industry and to learn corporate culture. Along with that I also learned how to gather information and transform them in to a useful tool for the productive result. I have tried my best to present this report in such a way it received the fair and take meaningful ideas about industry to the reader.

ACKNOWLEDGEMENT “THE BESY WAY TO MAKE YOUR DREAMS COME TRUE IS TO WAKE UP AND WORK”

It is great pleasure for me to acknowledge all those who have contributed towards the conception, origin and nurturing of this project. First I would like to thanks the entire faculty of Gitam Institute Of Management, GITAM UNIVERSITY because this work was carried out in this institute. Last but not the least; I would like to thanks Finance & Accounts, SCM, Costing & Budgeting and Regulatory Department in “Pipavav Defence And Offshore Engineering Company Ltd”., their constant encouragement, kind advice and support as a guide throughout our work. Their extensive knowledge, unfailing optimism and easy nature have made this project an exciting and enjoyable experience which will definitely shape our future in a better manner. I am very happy to express my deepest gratitude to everybody who spared their valuable time and helped me a lot in the preparation of this report. I would like to express my sincere thanks to my father Mr. Ram Nath (SI), had given their reference to entered in an organization. Their valuable support, ideas and guidance are fulfilling in the completion of Project Work. I would like to express my sincere gratitude to the Mr. Mehul Kumar Pandya, Head, Training & Development Cell, Pipavav Defence and Offshore Engineering Company Ltd for their valuable support and guidance during the entire course of the Project Work.

Place Date-

[SAVIJ KUMAR]