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2.1 History:

Vijayalakhsmi packaging Industries (P) Limited was established 1993. At present the
installed capacity of the mill is 30,000 tonnes production for paper covers per annum. The
company has commissioned three windmills at the cost of Rs.50 lakhs rupees for efficient Power
Management. It has a workforce of about 100 workers.

The company was originally incorporated as a Private Limited Company and was
converted into Public Limited Company under Registrar of Companies Certificate dated
08.10.1995. The company is regarded as one of the well managed units in all spheres such as
energy conservation, capacity utilization, profitability etc.

The company’s present prestigious products are Printing and Writing Paper, glexin paper,
craft paper, GVG white papers, News Print, Other Uncoated & Paper Boards. The company is also
regarded as the mother of medium sized Paper Industry in Tamil Nadu. At present the company
has a perfect and self-reliant Pulping plant operating at its best and with all present technical
sophistications.

2.2 FOUNDER

The founder of Vijayalakshmi Packaging Industries, located in Namakkal, is Mrs.

Vijayalakshmi, and managing director is Mr. R. Dharmalingam. She has played a significant
role in establishing and managing the company since its inception in 1993. Under her leadership,
the company has grown to become one of the well-managed units in Tamil Nadu’s paper industry,
recognized for its operational efficiency and product quality.

2.3 VISION, MISSION, VALUES:

VISION

To emerge as a leader in packaging solutions through consistently satisfying our customer

needs and offer our exemplary services to a larger customer base irrespective of the industry they
belong to.

MISSION
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Our Company mission is to provide high class of quality printing to our clients. We will
achieve this through sustained quality management guided by world standards. Our dedication is
to deliver quality assured products to valued clients promptly at all times.

We are striving towards greater achievements in the field of paper packing manufacturing
and strengthening our commitment to service. We are committed to create, implement, improve
and maintain quality systems consistent with GMP to meet challenges and demand of the Indian
market.

VALUES

 Customer is the most important person in our business.

 Best quality product is the only way to survive in market.
 Provide opportunity for one people to realize their full potential.
 Concern for safety of people and the environment.
 Employees are our greatest asset.
 Work is an important part of life and should be fun.
 Always strive for continuous improvement for last 20 years above.

2.4 Governance:

The company was originally incorporated as a Private Limited Company and was
converted into Public Limited Company under Registrar of Companies Certificate dated
08.10.1995. The company is regarded as one of the well managed units in all spheres such as
energy conservation, capacity utilization, profitability etc.

2.5 Services:

Brown packaging paper is used drastically over the years as now-a-days plastic bags are not used
and as cannot be recycled. Brown packaging paper is light in weight, easy to hold and because of
their eco-friendly nature. The brown packaging paper is available in variety of sizes at affordable
prices.
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Features

 Eco-friendly
 Easy to hold
 Light weight
 Affordable prices

Sizes

 From minimum 6X10 to maximum 36X48

Usage- General purpose, Grocery, Sweet shops, Bakery, Medical purpose, Photo shops, Textile
shops, Temples

2.6 Financial Performance:

PROFIT AND LOSS ACCOUNT OF VIJAYALAKSHMI PAPER PACKAGING

INDUSTRY AS ON MARCH 2019-2023
Particular 2020 2021 2022 2023 2024
Income
Sales Turnover 19,456.64 25,130.76 34,671.85 35,491.81 45,297.72
Excise Duty 1,289.18 2,031.91 2,630.90 0.00 0.00
Net Sales 18,167.46 23,098.85 32,040.95 35,491.81 45,297.72
Other Income 474.25 199.05 -594.95 -106.33 -1,361.25
Stock Adjustments 64.74 747.37 330.70 172.46 244.10
Total Income 18,706.45 24,045.27 31,776.70 35,557.94 44,180.57
Expenditure
Raw Materials 11,415.86 15,995.19 22,397.47 24,193.12 29,236.47
Power & Fuel Cost 1,014.82 1,181.52 1,683.84 1,964.09 3,313.64
Employee Cost 365.20 534.47 615.59 670.97 799.58
Other Manufacturing Expenses 299.18 476.58 690.87 0.00 0.00
Selling And Admin Expenses 724.63 819.68 1,105.58 0.00 0.00
Miscellaneous Expenses 138.95 200.40 294.21 2,527.27 3,409.54
Total Expenses 13,958.64 19,207.84 26,787.56 29,355.45 36,759.23
Operating Profit 4,273.56 4,638.38 5,584.09 6,308.82 8,782.59
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Pbdit 4,747.81 4,837.43 4,989.14 6,202.49 7,421.34

Interest 900.26 850.92 1,186.41 1,724.48 2,740.13
Pbdt 3,847.55 3,986.51 3,802.73 4,478.01 4,681.21
Depreciation 1,123.41 1,378.71 1,708.17 1,973.89 2,725.88
Profit Before Tax 2,724.14 2,607.80 2,094.56 2,504.12 1,955.33
Extra-Ordinary Items 96.03 161.89 0.00 0.00 0.00
PBT (Post Extra-Ord Items) 2,820.17 2,769.69 2,094.56 2,504.12 1,955.33
Tax 797.43 759.02 468.70 702.90 620.82
Reported Net Profit 2,022.74 2,010.67 1,625.86 1,801.22 1,334.51
Total Value Addition 2,542.78 3,212.65 4,390.09 5,162.33 7,522.76
Preference Dividend 28.92 27.90 27.90 27.90 27.90
Equity Dividend 177.70 273.32 167.34 223.12 287.66
Corporate Dividend Tax 34.31 48.87 31.68 42.66 49.93
Per Share Data (Annualized)
Shares In Issue (Lakhs) 1,870.49 2,231.17 2,231.17 2,231.17 2,417.22
Earning Per Share(Rs) 106.59 88.87 71.62 79.48 54.05
Equity Dividend(%) 95.00 122.50 75.00 100.00 110.00
Book Value (Rs) 504.00 735.80 816.54 881.08 973.01

BALANCE SHEET OF VIJAYALAKSHMI PAPER PACKAGING INDUSTRY AS ON

MARCH 2019-2023

Particular 2020 2021 2022 2023 2024

Sources Of Funds
Total Share Control 527.11 563.18 563.18 563.18 1,067.19

Equity Share Budgetary Control 248.08 284.15 284.15 284.15 302.75

Share Application Money 0.00 529.38 0.00 0.00 0.00

Preference Share Budgetary
279.03 279.03 279.03 279.03 764.44
Control
Reserves 9,179.23 16,132.71 17,934.31 19,374.19 23,216.99
Net Worth 9,706.34 17,225.27 18,497.49 19,937.37 24,284.18
Secured Loans 8,987.51 7,675.82 9,495.46 10,991.55 16,685.63
Unsecured Loans 2,597.59 4,275.52 2,806.76 5,552.24 8,289.35
Total Debt 11,585.10 11,951.34 12,302.22 16,543.79 24,974.98
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Total Liabilities 21,291.44 29,176.61 30,799.71 36,481.16 49,259.16

Application Of Funds
Gross Block 21,795.58 27,407.35 35,118.06 37,558.49 49,638.09
Less: Accum. Depreciation 4,929.44 6,305.20 8,000.44 9,919.70 12,343.01
Net Block 16,866.14 21,102.15 27,117.62 27,638.79 37,295.08
Budgetary Control Work In
6,684.27 6,169.05 3,153.51 5,074.54 6,857.47
Progress
Investments 1,768.35 4,098.81 4,413.42 4,636.06 4,380.55
Inventories 2,585.77 4,138.41 5,179.08 4,799.10 6,196.57
Sundry Debtors 563.25 838.65 1,362.06 1,862.20 2,218.74
Cash And Bank Balance 117.40 136.26 1,259.47 1,401.79 465.72
Total Current Assets 3,266.42 5,113.32 7,800.61 8,063.09 8,881.03
Loans And Advances 2,216.05 3,324.43 6,407.82 9,202.87 11,011.55
Fixed Deposits 169.71 1,750.62 1,698.13 0.00 0.00
Total CA, Loans & Advances 5,652.18 10,188.37 15,906.56 17,265.96 19,892.58
Current Liabilities 9,415.28 11,984.37 19,531.58 17,792.63 18,782.13
Provisions 264.22 397.40 259.82 341.56 384.39
Total CL & Provisions 9,679.50 12,381.77 19,791.40 18,134.19 19,166.52
Net Current Assets -4,027.32 -2,193.40 -3,884.84 -868.23 726.06
Total Assets 21,291.44 29,176.61 30,799.71 36,481.16 49,259.16
Contingent Liabilities 6,990.48 8,870.90 9,374.17 22,749.93 17,505.51
Book Value (Rs) 504.00 735.80 816.54 881.08 973.01

2.7 SWOT Analysis:

S - STRENGTH

 The production is very high compared to the previous years.

 A new product is introduced in each five years gap.
 The production level is increased day-by-day.
 They give the contracts to produce the products.
 All the products are exported.
 The increased production of products has the warehouse facility to store them.
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 Seawater is the major raw material, which is very nearest to the firm, because it is situated near
the seashore.
 If no products are exported, at that time the production level is not stopped, production is
maintained the same level of growth.
 Other manufacturing companies need these paper products so the production is not stopped.
 DCW also generates electricity for its own purpose.
 In addition to meet its own requirement the company also planning to sell surplus electricity
generated.

W ± WEAKNESS

 High level of production or non-stop production of chemical products will make the
environment polluted much.
 Major damage is to Ozone layer.
 Many health disorders are affected not only to the employees but also to the surrounding
inhabitants, animals' birds and plants.
 Absenteeism is a problem which creates cost and productivity problem, puts an unfair burden
on the majority of employees who show up for work, ultimately hinder customer satisfaction,
and drains the country's economy.
 Excessive absenteeism involves a considerable lose to the enterprise because work scheduled
are upset and delayed and management has to give overtime wages to meet the delivery dates.
 The rates of overtime wages are double than the normal rates of wages.
 Any type of accidents occurs in the factory while in production.
 Lack of supervision while production.

O - OPPORTUNITY

 Government provides loan facility to the company towards increase in production growth.
 Government provides Tax exemption on exporting goods.
 Company products are reduced their Tax rate.
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 IDBI (Industrial Development Bank of India) provide the loans for company production
development.
 Raw material like seawater is a great opportunity to the company as it gets from the nature.
 Lots of contract work is given to others, which make less expensive.

T - THREAT

 If competitors company try to attract the experienced employee of the other company.
 Natural calamities cannot be avoided.
 Must have an eagle eye on the market and the competitors.
 Other competitors using new and advance technology in making products, this may create fear
in marking.
 While exporting the products to abroad any natural catamites occurs in transportation will
make major loss.
 Removal of subsidy affects profitability and viability of many industries.
 Banks and insurance sector came under competitive environment and were forced to operate
possibly, at balance with the private sector.
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2.8 ORGANIZATION CHART

MANAGING DIRECTOR

DIRECTOR DIRECTOR DIRECTOR

MANAGER

DIRECTOR DIRECTOR

ACCOUNTS SECTION

RAW MATERIAL CASHIER AND COMPUTER

TIME OFFICE OPERATION

SUPERVISORS DESPATCH SUPERVISRS SUPERVISRS

PRODUCTION ELECTRICAL ELECTRICAL

SUPERVISORS OC
WORKERS

MAISTRIES
SQC CLEANING
ASSISTANCE ELECTRICIANS FANGS

STORES
ASSISTAND