ACKNOWLEDGEMENT

This project is a greater opportunity to express my heartily thanks to those people who
timely supported me a long way in the completion of project report.

First and foremost, I would like to express my sincere thanks to my external guide Mr. Mr
UDAY P JOSHI OF MAHALAXMI ENGINEERS and other staff members for their kind
guidance and valuable suggestions for my project.

I express my deep intelligence of appreciation to principal of ACCS Prof. Sangeeta Desai,

and PG. Co-Ordinator Prof. Sanjeev B Kumarmath, Angadi College of Commerce and
Science, Belagavi for giving the opportunity for being the part of this institution for
helping in my research study.

I would like to thank my Project Guide, Prof. Sanjeev B Kumarmath, PG.

Co-ordinator of Angadi College of Commerce and Science Belagavi, for their continuous
guidance and encouragement throughout the Project Report.
 Executive summary
The sense of contentment that accompanies the successful completion of my task would be incomplete
without mentioning the name of the people who helped in accomplishing this project. I would like to avail
this opportunity to express my gratitude and sincere thanks to External Guide, Mr UDAY P JOSHI for
giving me the permission as well as guidance to undertake my project in this organization,
“ORGANIZATION STUDY ”, I am thankful to Prof. Rohan Basalingol lecture of the B.Com Department and
internal guide for giving their valuable suggestions and help to prepare this project and their strengthful
guidelines..

This report is prepared for the Internship phase of B.com program of Rani chennamma university of
Belagavi. This Internship Program as well as this report is an indispensable of my courses of B.com. After
completion of our courses in the different areas of studies, students are sent to different reputed Business
organization to acquire the real life experience. So I was placed in MAHALAXMI ENGINEERS to understand
the organization study

This Report focuses 15 days working experiences in MAHALAXMI ENGINEERS. This report will give a clear
idea about Organization study activities and operational of MAHALAXMI ENGINEERS . Especially this
report focuses on the financial performance of the organisation. The report will provide a clear conception
about the organization study t of organisation. This report contains five main parts.

• Finally, I wish to express my very sincere gratitude to my parents, who have been source strength
behind me in above effort
 DECLARATION
I student of Angadi college of commerce and science at Rani chennamma University,
hereby declare that the internship report entitled “Organization Study” is an original
work conducted and prepared by me under the guidance of Mr Uday P Joshi , at OM SAI
Shopping Zone for 15 day internship period. This document is submitted in partial
fulfillment of the requirements for the degree of BCOM at Angadi college of commerce
and science.

I affirm that this report is a result of group work and contributions. Any reference to
existing research, direct quotations, or paraphrasing has been properly acknowledged
and cited in accordance with academic standards. This report has not been previously
submitted for any degree, diploma, or other qualifications at this or any other institution.

• I understand the importance of this declaration and the potential consequences of any
breach of academic integrity, including but not limited to disciplinary action by my
institution. I hereby certify that the information presented in this report is true and
accurate to the best of my knowledge and belief.
Table of
Content
Chapter 1. Chapter 4
Industry Profile Our
Products

Chapter 2 Chapter 5
Employment Finance
Department

Chapter 3
Our Infrastructure
CHAPTER 1
INDUSTRY PROFILE
• HISTORY
• Established in the year 1997 at Belgaum, (Karnataka, India), we, “Mahalaxmi Engineers,
Belgaum,” are highly recognized as one of the most remarkable manufacturers and suppliers of
outstanding quality Engineering & Automobile Components,Coupling Products & CNC Turned
Components such as Taper Lock Pulleys,V Groove Pulleys, Poly V Pulleys, Couplings and
Engineering CNC Turned Components . Keeping in mind the standards of the international market,
these are manufactured using high grade basic material and the latest technology at our high
tech manufacturing unit. We started our journey as a small firm, but since then, we have emerged
as a trustworthy organization in the domain. Owing to our uncompromising quality and efficient
management, we have obtained a massive market base across the nation and world-wide
•
• We have a strong and large infrastructure which helps us finish our bulk orders in stipulated time
frame. Owing to our experienced R & D department, good financial position & TQM, large product
line, large production capacity and customized solutions, we are the ultimate choice of the
customers in the domain. We have a team of experts which is responsible for providing our
customers with this range of beneficial products. In addition, we are also well known for our
transparent transaction, easy modes of payment, close coordination and efficient transport
system.
CHAPTER 2
EMPLOYMENT
In economics, employment refers to the state of having
a job or being employed. If one has to employ someone,
they must pay them. The person who hires people is
known as employer, and the person who is getting paid
for providing the services is known as employee.
Employers may include individuals, business, etc. People
can work for themselves and run their own businesses as
self-employed individuals.
• PRODUCTION DEPARTMENT
• Total NO. Of . Employees : 38
• . Technical supervisor. 7
• Maintainance department 1
• Admin and commercial. 1
• Skilled workers. 15
• Semi skilled workers. 14
CHAPTER 3
OUR INFRASTRUCTURE
• We are backed by a state-of-the-art
infrastructure for the production of our
extensive range of Precision Machined
Components. Further, we have
segregated our large infrastructure into
various units, including production
department, quality testing department,
warehouse department, R&D
department, packaging department and
marketing department, for flawless
quality products. The production unit of
our firm is installed with up-to-date
facilities essential for the smooth and
hassle free performance of our products
GLIMPSE OF OUR
INFRASTRUCTURE :
• OWNERSHIP PATTERN – Sole proprietorship
• Owner: MR UDAY P JOSHI
• A sole proprietorship is an unincorporated business
with one owner. There is no legal separation between
the company and the owner, who receives all profits but
is liable for all debts and losses. A sole proprietorship is
the easiest type to establish and a popular choice for
small businesses, individual contractors, and
consultants. Most small businesses start as sole
proprietorships and either stay that way or expand and
transition to a limited liability entity or corporation
• Most small businesses start as sole proprietorships and
may transition to a limited liability entity or corporation
as the company grows.
• “VISION”
• “To be a leading Engineering and Automobile Components manufacturer
and Exporter through constant growth, shall be achieved with the growth
of our customers and partners”.
•
• SWOT Analysis:
•
• 1. Strength:
•
• The company is specialized in shell molding process.
• Culture of the organization.
• Environment
• Employee satisfaction.
• High rate of production.
• High dimensional accuracy.
• Products are made according to customer’s choice and demand.
• Reduced labour cost.
. Weakness:
High investment.
Low customer profit.
Availability of man power.
• Technology is not that advanced
• Limited scope of market.
• The raw materials are relatively expensive.
• Limited scope of market.The raw materials are relatively
expensive.
•
• Opportunity:
• Dictation of own terms.
• More employment opportunity.
• Growth in Indian foundry capacity.
• Less competition, because of monopolistic nature of competition.
CHAPTER 4
OUR PRODUCTS
• Engineering & Automobile Pulleys
• Backed by the team of experts, we are offering a wide
assortment of Engineering & Automobile Pulleys. The
equipment is manufactured using high grade material that is
sourced from the trusted vendors of the industry. This
equipment is used in many applications across various
industries due to its sturdy construction and dimensional
accuracy. The offered range includes taper lock pulley,
groove pulley and flanges. The equipment is designed by our
experienced professionals and is also tried & tested before
delivered to the clients. Further, we offer this equipment at
industry leading prices to our clients.
Taper Lock Pulleys
As we are one of the manufacturers and suppliers of
Precision Machine Equipment, we are offering a broad
range of Taper Lock Pulley. In order to fabricate this Taper
Lock Pulley, we use optimum quality raw material. We
ensure that the offered product is durable and is resistant
to wear and tear as well as temperature, has high tensile
strength and has precised dimension that meets the
client’s requirements. In various industries, these machines
find various uses because of their easy installation. These
pulleys are available with us in different sizes and designs
• Best quality Pin Bush Couplings that are fabricated using
high grade material that is procured from the reliable
vendors of the market. These couplings are designed by
our experienced professionals by using modern
technologies that ensure their dimensional accuracy and
quality. These pin bush couplings are used in various
industries to possess a high tolerance level. For its sturdy
construction, robust construction and longer service life,
these couplings are highly demanded amongst our
clients
Groove Pulleys
We offer our clients solid Groove Pulleys and Split
Groove Pulley as per their requirements. This
product is manufactured using the finest quality
raw material that is sourced from reliable vendors
of the industry. This range finds many applications
in various industries due to its sturdy construction,
resistance to corrosion, dimensional accuracy and
durability. The offered product is available with us
in sizes of 3 inches to 80 inches and have Single
groove to 22 “E” Groove section. Moreover, this
substance is provided by us with static as well as
dynamic balance. Further, we provide this range at
market leading prices to our clients.
Poly V Pulleys
• Our firm is indulged in
trading and supplying Poly
V Pulleys. Valuable clients
can avail from us this
exclusive product line in
varied specifications. Our
product line is procured in
compliance with
internationally acclaimed
features in the market.
V Groove Pulleys
• We offer our clients v-
groove pulleys that are
specifically designed as per
the customers’
specification and
requirements. The
equipment is designed so
as to offer clients with the
facilities of locking and to
ensure that we offer taper
lock, taper bore and
straight bore in our pulley
CNC Turned Components
• We are a well known
manufacturer and
supplier of excellent
quality Precision
Machine Equipment and
Coupling. As per the
precised requirements
of the customers, these
products are
manufactured and
extensively used by our
customers.
Engineering CNC Turned Components
• We manufacture a wide range of
CNC turned components, which
are made as per the tolerance by
checking precisely quality at all
stages of production. We use
different high-grade turning tools
to engineer these CNC turned
components. These guaranteed
for accuracy, reliability, high
performance and toughness
Metal Machined Components
• We are renowned
manufacturer and supplier
of Metal Machined
Components. Owing to our
advanced manufacturing
process, which is also
professionally managed, we
have today become one of
the eminent manufacturer
and supplier of Metal
Machined Components.
Cast Iron Machine Parts
•
We deal in manufacturing a wide assortment of
Cast Iron Machine Parts that includes various
products such as automotive sumps. These
Cast Iron Machine Parts are manufactured by
using high quality raw material and are offered
in standard as well as customized designs.
Automobile CNC Turned Components
CNC Turned Components perfectly used in
automobile and engineering industries. These CNC
turned components known for their long lasting
performance and sturdy construction. We
manufacture and export these CNC turned
components using the best grade raw material in the
industry and following international quality
standards. These components meet the satisfaction
of our clients we offer these products in various
dimensions with following international quality norms
Engineering & Automobile Couplings
• With rich industry experience in
manufacturing and supplying, we are
offering a broad assortment of Engineering
& Automobile Coupling. Our offered range
includes chain coupling, gear coupling and
pin bush coupling. To manufacture this
coupling, we use high grade material that
ensures its high durability, excellent
performance and longer service life. These
coupling find many applications in different
industries. Due to its sturdy construction
and dimensional accuracy, these coupling
are highly demanded in the market. Further,
our clients can avail these coupling at
market leading prices from us
OUR MACHINES INVOLVED IN MANUFACTURING COMPONENTS

• Computer numerical control.

• Pulley wheel
• Bolt Flange
CHAPTER 5
FINANCE DEPARTMENT
• This department is concerned with the maintenance of account of the
company. Finance department is not only to provide the monetary
supply but also to cut the expenses through cost cutting as this
department controls the expenses; it plays the role of the auditor .
• Functions of Finance Department:
• Arranging of funds
• Proper allocation of funds
• Compiling with all the statutory responsibilities such as monthly
• P & L A/C cash flow and fund flow of statement,operating
performance report , final A/C etc.
• Maintaining and controlling the expenditure.
• Preparation of cash budget
• Bank transaction like cheques, depositing and withdrawals,
arrangements of DD’S etc
• Other functions:-
• The other functions of Finance Department are related to look after
the :
• Income tax
• Salary and payrolls
• Valuation of inventories
• Attending Auditors and Statutory and tax audits
• Ascertaining the Monthly Profitability .

• The Books maintained at finance Department:-

• Cash Book
• Bank Register
• Sales Register
• Supplier and Customer ledger
IMPORTANCE OF P&L BALANCE
SHEET
• A profit and loss account provides a detailed
summary of the net profit or loss a business has
made over a specific period. It records all
revenue and expenses that have occurred in the
business operations. While the trading account
focuses on gross profit, the profit and loss
account offers a clearer picture of net
profitability. It typically ends by transferring any
balance to the capital account, ensuring that
business owners or stakeholders can assess
financial health accurately
Importance of P&L Statement

Tracks Profitability:
The P&L statement shows whether a company is
making a profit or incurring a loss, helping stakeholders
understand the company’s financial performance
Informs Decision-Making:
• It provides information about revenue, costs, and
expenses, enabling informed decisions about
operations, investments, and r resource allocation.
• Assesses Growth Potential:
• The P&L statement reveals whether a company is
generating sufficient revenue and managing expenses
effectively, indicating its potential for growth.
Supports Strategic Planning:
It helps business leaders assess the company’s financial health, identify
growth opportunities, and evaluate risks.
Provides Transparency:
• The P&L statement is a key tool for stakeholders (investors, lenders,
etc.) to assess a company’s financial performance and potential.
Importance of Balance Sheet
Provides a Snapshot of Financial Position:
The balance sheet shows a company’s assets, liabilities, and equity at a
specific point in time, offering a clear picture of its financial health.

Evaluates Solvency:
It helps assess a company’s ability to meet its short-term and long-term
obligations, indicating its solvency.
Assesses Financial Structure:

The balance sheet reveals how a company’s assets are financed, helping to understand its capital
structure.

Supports Financial Analysis:

It can be used in conjunction with other financial statements to calculate financial ratios and
conduct fundamental analysis.

Provides Transparency:

The balance sheet provides investors, lenders, and other stakeholders with a clear understanding
of a company’s financial position.

Profit and Loss Statement Meaning, Importance, Types, and...

• A company’s P&L statement shows its income, expenditures, and profitability over a period of
time. The balance sheet, on the other socially.
Particulars Debit Amount Particulars Credit Amount
(₹) (₹)

Purchases 3,52,000 Sales 6,60,000

Return Inwards 9,600 Return Outwards 12,000

Carriage 7,000 Royalty 10,000

Inwards

Carriage 3,300 Bad Debts 600

Outwards Recovered

Fuel and Power 24,800 Capital 5,00,000

Opening Stock 57,600 Creditors 47,400

Bad Debts 9,950 Sundry Receipts 160

Debtors 1,31,200 Interest on 3,200

Investment

Investment 43,000 Loan 16,000

Cash in Hand 32,000 Outstanding 8,350

Expenses

Repairs 2,400 Interest on Bank 1,000

Deposit

General 17,000 — —
Expenses

Wages and 28,000 — —

Salaries

Buildings 3,92,000 — —
 OUR QUALITY
• As a quality oriented organization, we concentrate on
providing our customers the best quality products. Our
market position is enough to explain our determined
efforts towards ensuring flawlessness in the products
that are delivered to the clients. Our range of Industrial
Components is also manufactured as per the OEM
standards that make us an absolute solution source for
diverse industries, along with the replacement market.
Our quality control experts deeply analyze our entire
production to make certain that we are providing only
the best quality product range.
 CLIENT SATISFACTION
Our products undergo various tests as follows:
Hardness test
Tensile test
Light pass control test
• Sizing by hard gauge test

• We have become one of the superior choices of our valuable clients due
to our quality and strong relations with the customers. With the
intention of providing ultimate satisfaction, our team works in close
harmony with the customers to provide the exact solutions as per their
requirement. Not only do we guarantee these products with
unquestionable quality, but also at the same time, we ensure that they
are delivered within the given frame of time. Our organization
welcomes the feedback and suggestions of the customers for further
improvement.