Project Intro Ducat Ion and Objective

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    Topic ;study on financial planning and forcasting technique of suryakala

    group of company

    Industry Profilesuryakala group of companyHolistic Approach

    a)Match industryb)Offset printersc) Fire works

    Offset printers industry

    Tracing back history, printing actually started long time ago using wooden blocks,this was also known as woodblock printing. Since then it has moved a long way to

    modern printing. Offset printing service was first started in England by Robert

    Barclay. It is one of the most preferred services available. It is a very cost effective

    measure and is done mostly for large scale work.

    Offset printing dominated the commercial printing domain from 1950. It was

    mainly due to the improvement in the quality of paper and ink. These

    improvements caused a greater speed and durability of the plates used in offset

    printing.

    Offset printing services are used excessively by the newspaper industry. Many

    other industries use this printing services such as books and many more. It is a very

    complicated process. It might seem to be very easy and simple when we have a

    look at it but when we actually carefully see it then we know that it is a very

    complex process. It generally has a printing plate cylinder, an impression cylinder,

    a rubber-wrapped blanket cylinder. The printing plate is the one to be exposed to

    ink; it then transfers the image to the rubber on the blanket cylinder, which again is

    transferred to the paper. This is done as the paper is held against the blanket

    cylinder and the image is finally transferred to the paper.

    When it comes to the expenses part of it, offset printing ink is comparatively less

    expensive when compared to the price of ink-jet printer ink. Offset printing

    services are offered by many companies, it has its applications in commercial

    printing purposes like, brochure printing, newspaper printing and magazine

    printing. It is always better to handle the chemicals that are used in offset printing

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    properly. These chemicals if not used properly can be a possible threat to the

    environment as they are very harmful.

    A lot of companies offer offset printing services and it is always better to go for a

    company that can provide you a reliable service. You can always search for

    companies online or for retail outlets that offer this service. There are a large

    number of companies that provide this service but you have to be careful while

    choosing the correct one. You can always opt for website like printeca.com that

    provides you with services you can rely upon completely

    indian offset printers

    We are the leading Graphic Designers, Typesetters and Offset Printers in India. We

    are catering to the various needs of printing like publicity Leaflets, Folders,

    Brochures, Catalogues, Balance Sheets, Magazines, Annual Reports, Calendars,

    Technical Manuals, Books, Labels & Packaging etc. to the Government, Semi

    Government Undertakings, Corporations, Limited, Private Limited Co-operate

    Organizations in all over India. Latest multi-color Offset Printing Machines,

    Dominent 19 * 26(Five Color), Dominent 19 * 26(Single Color),Planta C.P.C.

    28* 40(four Color),Planta Super Variant 28 * 40(Four Color) , Memory

    System , Complete Binding Equipments, Complete Die Cutting & Pasting

    Tamil Nadu

    Sivakasi is Indias printing hub. 60% of Indias offset printing solutions is

    produced in Sivakasi. Sivakasi houses largest number of printing machines in the

    world next only to Guthenburg in Germany.

    All kinds of printing jobs are undertaken in Sivakasi including security jobs like

    printing bank Cheque books, flight tickets and lottery tickets. Most of the leading

    presses are exporting children's books, notebooks, magazines, greeting cards,calendars, trade labels and cartons through out the world.

    More than 50,000 workers are engaged in printing and allied industries. The town

    has a school of printing technology.

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    The printing industry in Sivakasi is worth about 1000 crores. The market for

    printing is growing at the rate of 10% per annum

    The printing industry was started in Sivakasi during early 20th century. Mr. S.

    Kaliappa Nadar, Mr. N.R.K. Rajarathna Nadar, Mr. Arunagiri Nadar were the

    pioneers of printing in Sivakasi. Printing units were started mainly to cater the

    local needs and after further expanding their capacity the companies started to get

    customers from other parts of the country. The printing units and allied industries

    have formed a cluster in Sivakasi that contributes to the high quality cost effective

    printing solutions to the customers.

    The printing industry in Sivakasi is worth about 1000 crores. The market for

    printing is growing at the rate of 10% per annum

    We suryakala Offset Printers Providing Printing Solutions of infinite design and

    sophisticated color printing services, which can give your brand, your products,

    your company a competitive edge.

    We offers a "one stop" approach that will allow you to purchase a variety of

    packaging solutions, and make your ideas can become a reality in visual appeal,product protection and consumer convenience. Whether it is rectangular, square,

    round, hear, trapezoid and specialties, we can provide packaging to meet your

    needs and consolidate your supplier list.

    We dedicated to serve extensive industries including cosmetics, perfumes,

    garments, wine, tobacco, food, daily commodities, publishing houses, gifts, toys,

    specialty items etc. Welcome to visit products segment to find how our "one -

    stop" approach of flexible packaging services will enable you to receive a

    completed and satisfactory final products on budget and on time no matter what

    industry you are from.

    Trying to meet customers' requirements is the engine of our growth, we are

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    devoted to research, development and manufacturing of removable self-stick notes,

    film protector, special tapes and removable label. And we have won the confidence

    of customers domestic and abroad in our commercial integrity

    How Sivakasi got the title Kutty Japan ?

    The Title Name 'KUTTY JAPAN' was given by Mr.Jawaharlal Nehru ( First

    Prime Minister of INDIA) to Sivakasi. 'Kutty' in Tamil means Mini. So Kutty

    Japan, means Mini Japan.

    During early 1960's India was under great famine and lots and lots of people are

    unemployed and it was the time, the people of Sivakasi came in hand in hand with

    each other to promote themselves with out expecting any aid from the Government

    and stood on their own to achieve self reliant, high industrial growth rate

    (especially Matches, Fireworks, Printing and sub industries related to those

    industries.) Till now you can see 'HELPERS NEEDED / Wanted' in each and every

    industrial places. The overall outcome of this are.

    Sivakasi

    Contributes 80 % of India's Total Safety Matches Production

    Contributes 90 % of India's Total Fireworks Production

    Contributes 60 % of India's Total Offset Printing Solutions.is one of the high Sales / Excise / Customs Duty paying town.

    is 100 % employment achieved town (which is among a few towns in India rather

    world)

    Like JAPAN (world leader in Electronics) , Sivakasi is leader for Printing,

    Fireworks, Safety matches Production. So the name was given to Sivakasi. This

    happened only because of the people of Sivakasi, who are more dedicated

    committed to hard work and their togetherness to achieve attitude.

    The key behind this success story of each and every Sivakasians is "QUALITYwith QUANTITY, HARD WORK & Commitment to work, Attitude of

    Togetherness...ie. Together we WIN.... yes...the people of Sivakasi (Kutty Japan)

    are winning and they will keep on winning in their area..... VANTHAE

    MATHARAM

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    . The members of the Association, from thebeginning, have resolved to develop

    their organization focusing on:

    1.Multilateral growth of printers and exports2.Development of infrastructural needs for sivakasi.

    3.Implementation of schemes for the benefit of the society and public.

    4.Promotion of constructive co-operation with workers with fair division of

    rewards.

    5.General up-liftment of quality of life in sivakasi.

    company Profile

    The suryakala groups was founded by :Mr.R.Gopalakrishnan

    Chairman,

    A first Generation Entrepreneur,

    29 Years of Experience in the industry.

    Mr.R.Shanmugam

    Managing Director,

    A Diploma Holder in Electrical Engineering

    27 Years of rich experience in the industry

    In-Charge of export marketing, Innovation of new projects and banking

    Mr.R.Sivaram

    Executive Director,

    A Diploma Holder Civil Engineering,

    21years of experience in the industry

    In-Charge of all domestic activities & IT System Administration

    Vision:Most Preferred global mens wear fashion brand in the mid-premium segment.

    Classic Polo aims to be and remain the leading retailer of world-class mens wear

    in

    India and become a compulsory part of mens wardrobe solution by 2011.

    Mission:

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    To grow horizontally and vertically in all formats (MBO, EBO, Chain Stores)

    through

    continuous innovation by offering unparallel value to create customer deligh

    Nature of business

    Manufacturers and Exporters of Safety Matches, Special Matches, Potassium

    Chlorate, Printing of Labels, Diaries & other Printing Services are also undertaken

    Rotary printing

    Printing services, rotogravure

    Printing services, letterpress, rotary

    Printing services, flexographic/aniline

    Printing services, letterset/dry offset

    Flatbed printing: letterpress and offset-photolithography

    Printing services, letterpress, flatbed

    Printing services, photogravurePrinting services, offset, flatbed

    Printing services, colour

    Printing services, posters

    Printing services, postcards and greetings cards

    Printing services, books, directories

    Printing services, diaries and personal organisers

    Printing services, calendars

    Printing services, stationery

    Printing services, digital

    Laser printing services

    Ink jet printing services, water based inks

    Ink jet printing services, solvent inks

    Potassium and ammonium compounds

    Potassium chlorate

    Raw materials for pharmaceuticals

    Pyrotechnical products

    Fireworks, outdoor

    Fireworks, indoor

    MatchesMatches, wax

    Matches, safety

    Matches, weatherproof, fusee

    Matches, fancy, with coloured heads

    Matches, kitchen and household use

    Matches to customer specification

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    Infrastructure

    Innovations in manufacturing programs of offset printers occur in our production

    facilities very often. Our specialization reflects in the quality of the goods

    delivered, as the workers, executives and machinery are trained and tuned for that

    purpose.

    Objective:

    The main objective of the study is to understand the financial position of thecompany, refers to the development of long-term strategic financial plans that

    guide the preparation of short-term operating plans and budgets, which

    focuson analyzing the pro forma statements and preparing the cash budget

    Financial Planning and Forecasting

    Financial Planning and Forecasting is the estimation of value of a variable or set of

    variables at some future point. A Forecasting exercise is usually carried out inorder to provide an aid to decision making and planning in the future. Business

    Forecasting is an estimate or prediction of future developments in business such as

    Sales, Expenditures and profits. Given the wide swings in economic activity and

    the drastic effects these fluctuations can have on profit margins, business

    forecasting has emerged as one of the most important aspects of corporate

    planning.

    Forecasting has become an invaluable tool for business to anticipate economic

    trends and prepare themselves either to benefit from or to counteract them. Good

    business forecasts can help business owners and managers adapt to a changing

    economy.

    Financial planning and forecasting represents a blueprint of what a firm proposes

    to do in the future. So, naturally planning over such horizon tends to be fairly in

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    aggregative terms. While there are considerable variations in the scope, degree of

    formality and level of sophistication in financial planning across firms, we need to

    focus on common elements which include Economic assumptions, Sales forecast

    ,Pro forma statements, Asset requirements and the mode of financingthe investments.

    In general usage, a financial plan can be a budget, a plan for spending ands a ving

    future income. This plan allocates future income to various types of expenses, such

    as rent or utilities, and also reserves some income for short-term and long-term

    savings. A financial plan can also be an investment plan, which allocates savings to

    various assets or projects expected to produce future income, such as a new

    business or product line, shares in an existing business, or real estate.

    Financial forecast or financial plan can also refer to an annual projection of

    income

    and expenses for a company, division or department. A financial plan can also be

    an estimation of cash needs and a decision on how to raise the cash, such as

    through borrowing or issuing additional shares in a company

    While a financial plan refers to estimating future income, expenses and assets, a

    financing plan orfinance plan usually refers to the means by which cash will be

    acquired to cover future expenses, for instance through earning, borrowing or using

    saved cash.

    Corporations use forecasting to do financial planning, which includes an

    assessment of their future financial needs. Forecasting is also used by outsiders to

    value companies and their securities. This is the aggregative perspective of the

    whole firm ,rather than looking at individual projects. Growth is a key theme

    behind financial forecasting, so growth should not be the underlying goal of

    corporation creating shareholder value is enabled through corporate growth.

    The benefits of financial planning for the organization arey Identifies advance actions to be taken in various areas.y Seeks to develop number of options in various areas that can be

    exercised under different conditions.

    y Facilitates a systematic exploration of interaction between investmentand financing decisions.

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    y Clarifies the links between present and future decisions.y Forecasts what is likely to happen in future and hence helps in avoiding

    surprises.

    y Ensures that the strategic plan of the firm is financially viable.y Provides benchmarks against which future performance may be

    measured.

    There are three commonly used methods for preparing the pro forma financial

    statements. They are:

    1.Percent of Sales Method

    2.Budgeted Expense Method.

    3. Variation Method.

    4. Combination Metho