SUMMER TRAINING PROJECT

ON
WORKING CAPITAL
MANAGEMENT OF IND-SWIFT
LABORATORIES LTD

PREPARED
BY:
SHIVANI MITTAL

OUTLINE
1.Company profile
2.Objectives of the study
3.Research methodology
4.Key financials of IND-SWIFT
LABORATORIES LTD
5.Working capital management analysis
6.Conclusion
7.Recommendations

COMPANY PROFILE OF IND-SWIFT

LABORATORIES LTD

A SHORT VIDEO OF IND SWIFT

LABORATORIES LTD

IND-SWIFT LABORATORIES
Ind-Swift Laboratories is a part of the Ind-swift
Group and is based at Chandigarh, India.
The group has established a strong reputation
as innovators in the Indian pharmaceutical
industry.
Concentrated on the manufacturing of Active
Pharmaceutical Ingredients (API).
Mission of winning global customer products.
Turnover of around 500 million USD.
Ranked 35th among top pharmaceutical
companies in India.

OBJECTIVES OF THE STUDY

To study the various components of financial

statements of
Ind-Swift Laboratories Ltd for 5
years and analyze them to identify the financial
strength of the company.
To analyze the effect of current assets on the
companys return and risk.
To study the effect of current assets and current
liabilities on the profitability and liquidity position of
the company.
To analyze the working capital position of the
company in previous 4 years.
To analyze the market performance of the Ind-Swift
Laboratories Ltd.
To help the management in financial planning of the
organization.

RESEARCH METHODOLOGY
As the project involves analyses of financial
structure, the research is exploratory in nature,
covering financial parameters and come of the
important ratios to carry out research. There are
basically two techniques adopted for obtaining
information:
1. Primary Data.
2. Secondary Data.
Primary Data was gathered through personal
interviews with the accounts officers.
Secondary Data was obtained through the data
which was created, recorded or generated by the
organization.

To study the various components of financial statements of IndSwift Laboratories Ltd for 5 years and analyze them to identify the
financial strength of the company
PARTICUL SAL DEBTNET
CURRE PROF OUTSIDE CAPIT
ARS
ES
EQUI PROFI
NT
IT
RS
AL
TY
T
RATIO
AFTE LIABILIT
RATI RATIO
R TAX
ES
O

2009

58188

2010

78095

2011

101768

2012

132068

2013

108270

1.03

1.30

1.41

1.23

1.42

671.29% 1.33:1 times

733.27% 1.74:1 times
852.76% 1.94:1 times
654.51% 2.34:1 times

(1098.8
3%)

37941

2527

58832

2785

81919

3422

101287

3795

121190

3927

3979

5796

8762

8644

3.00:1 times
11897

PARTICUL
ARS

GROSS
PROFIT

OUTSIDE
SALES
LIABILITES

FIXED
ASSESTS

2009

16.78%

37941

58188

74473

2010

12.51%

58832

78095

104041

2011

12.76%

81919

101768

139926

2012

10.26%

101287

132068

183663

2013

1.47%

121190

108270

206371

 To analyze the effect of current assets on the companys return

and risk.
Years

Current Assets

Current Current ratio

Liabilities

WORKING
CAPITAL

2009

31799

23816

1.33:1 times

7983

2010

44592

25585

1.74:1 times

19007

2011

66926

34529

1.94:1 times

32397

2012

82184

35117

2.34:1 times

47067

2013

86306

28782

3.00:1 times

57524

 To analyze the effect of current assets on the companys return

and risk.

 To study the effect of current assets and current liabilities on the

profitability and liquidity position of the company.

Years
2009
2010
2011
2012
2013

Liquid Assets
11468
20868
30371
30803
41162

Current Liabilities
23816
25585
34529
35117
28782

Ratio
0.48:1 times
0.82:1 times
0.88:1 times
0.88:1 times
1.43:1 times

 To analyze the working capital position of the company in previous

4 years.

OPERATING
MANAGEMENT

NEEDS
IMPROVEMENT

FINANCIAL
MANAGEMEN
T
STRONG

CONCLUSION
FINANCIAL STRUCTURE:
Ind Swift Laboratories Ltd is a growing company signifying its presence
globally. Ind Swift Laboratories Ltd continues to strengthen its financial
position by infusing more funds into the company in order to fund its
expansion programs.

WORKING RESULTS:
Registered a constant growth in its profits because of a brisk demand for
its products in market. None of the other competitors has shown such a
steady growth.
It has recorded the sound current ratio which presents that the company
has more current assets to pay of its current liabilities. Ind Swift
Laboratories Ltd still enjoys minimum payment period and highest
velocity of creditors and debtors.
SOCIAL PERFORMANCE:
Corporate Social Commitment and Public Service is at the upmost priority
list of the Company.
Serious efforts have been directed towards uplifting and transforming the
lives of the community and the underprivileged.
The Company is also extremely conscious of its duty and responsibility

RECOMMENDATIONS
Ind Swift Laboratories Ltd should increase its capacity utilization. It
should work at full capacity to minimize its cost of production. With
this increase in capacity utilization, the total cost will spread over
more units thereby decreasing the per unit cost.
Ind Swift Laboratories Ltd should increase its capital employed in
business by infusing more share capital instead of borrowing from
banks and financial institutions as this will help the company in
reducing its interest burden resulting in increase in its profits and
hence presenting a sound net worth of company which will
ultimately attract more investors in business of company.
Ind Swift Laboratories Ltd should increase its sales by improving its
marketing strategy.
Ind Swift Laboratories Ltd should also reduce its debtors collection
period by concentrating more on recoveries as this will ultimately
increase the collection of company hence reducing the dependency
of company on banks and other financial institutions.

THANK
YOU!!