Working Capital

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A
SYNOPSIS ON

WORKING CAPITAL MANAGEMENT
OF THE L & T.

UNDER SUPERVISION OF:

-------------------SUBMITTED BY
NAME

:

ENROLLMENT NO

:

STUDY CENTER CODE

:

REGIONAL CENTER

MRS. A.R. RAJALAKSHMI

:

Submitted in partial fulfillment of the requirements for qualifying Master of Business Administration (FINANCE)
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WORKING CAPITAL MANAGEMENT
OF THE L & T.
TABLE OF CONTENTS
S. NO.

CONTENTS

PAGE NO.

1.

Title of the Project………………………….………………………..3

2.

Introduction ……..……………………………………………...…..4

3.

Rationale of study……………………………………………..…….7

4.

Review of Literature………………………………………..……….8

5.

Objectives of the Study………………………………………….….10

6.

Research Methodology.………………………...…………………...11

7.

Expected Contribution from Study ………………………….….....12

8.

Chapterisation………………………………………….…….……...13

9.

Bibliography…………………………………………………………14

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2. INTRODUCTION
COMPANY PROFILE

Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.

Seven decades of a strong, customer-focused approach and the

continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business.

L&T has an international presence, with a global

spread of offices. A thrust on international business has seen overseas earnings grow significantly. It continues to grow its overseas manufacturing footprint, with facilities in China and the Gulf region.

The company's businesses are supported by a wide

marketing and distribution network, and have established a reputation for strong customer support. L&T believes that progress must be achieved in harmony with the environment. A commitment to community welfare and environmental protection are an integral part of the corporate vision.

M/s Larsen & Toubro Ltd. ECC Division is prestigious organization having business worldwide, its ECC Division undertake engineering contracts of various construction in the field of Electrical, Mechanical & Civil Engineering.

The Company having its headquarter at Chennai, and whole India is distributed in regions having respective regional headquarters, viz. Mumbai, Ahamadbad, Kolkata, Delhi, Hyderabad, Chandigarh etc. which coordinate all activities of sites within their region.

Chattisgarh state have rich natural resources, coal is found in abundance thus various thermal power plant are established at various places, Sipat Super Thermal Power Plant 4

is one of the biggest Thermal Power Plant, wherein our company execute construction of Boiler Erection & Electrical Cabling works and some other misc. works. Our Principal employer is M/s National Thermal Power Corporation Ltd.

The workforce consists of 2500 workmen and Engineers and staff in various cadre, the workforce consist of employees from all over India.

Operating Divisions:
Engineering & Construction Projects (E&C)
Heavy Engineering (HED)
Construction
Power
Electrical & Electronics (EBG)
Machinery & Industrial Products (MIPD)
IT & Technology Services
Financial Services
Railway Project

WORKING CAPITAL MANAGEMENT
Working Capital is the amount of capital that a business has available to meet the day to day cash requirements of its operations. It is concerned with the problem arise in attempting to manage the current assets, the current liabilities and the inter relationship that exist between them. Working Capital is the difference between resources in cash or readily convertible into cash and organizational commitments for which cash will soon be required or within one year without undergoing a diminution in value and without disrupting the operation of the firm. It also refers to the amount of current Assets that exceeds current Liabilities.

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Working Capital refers to that part of the firm capital, which is required for financing...
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