Dr.

PAULS ENGINEERING COLLEGE

PAULS NAGAR, VANUR TALUK
(Affiliated to ANNA UNIVERSITY, CHENNAI, Aro!ed "# AICTE$
A PRO%ECT REPORT ON
THE TITLE
&A STUDY ON 'ORKING CAPITAL (ANAGE(ENT IN (ICRO(EN
SYSTE(S ) SO*T'ARE (P$ LTD+

By
K.AN,ARASU
(REG.NO-./0122342003$
U5der t6e 78ida59e of
(r.D.ARUTHIRAN ,.SC., (.,.A.
S8":itted to
*ACULTY O* (ANAGE(ENT STUDIES
In partial fulfillment of the Requirement for the award of the degree
Of
(ASTER O* ,USINESS AD(INISTRATION
ANNA UNIVERSITY
%UNE /024
&A STUDY ON 'ORKING CAPITAL (ANAGE(ENT IN (ICRO(EN SYSTE(S )
SO*T'ARE (P$ LTD+
By
AN,ARASU.K
(Re7. No; ./0122342003$
Of
Dr. PAULS ENGINEERING COLLEGE
A PROJECT REPORT
Submitted to the
*ACULTY O* (ANAGE(ENT STUDIES
In partial fulfillment of the requirements
For the aard of the de!ree
Of
(ASTER O* ,USINESS AD(INISTRATION
Dr. PAULS ENGINEERING COLLEGE
PAULS NAGAR, VANUR TALUK
Dr. PAULS ENGINEERING COLLEGE
DEPART(ENT O* (ANAGE(ENT STUDIES
,ONA*IDE CERTI*ICATE
A de!ree or aard as "onferred on an earlier o""asion on this or any other
"andidate# Certified that$ this pro%e"t entitled &A STUDY ON 'ORKING CAPITAL
(ANAGE(ENT IN (ICRO(EN SYSTE(S ) SO*T'ARE (P$ LTD+ is the Bonafide
or& of AN,ARASU.K 'Re!# no# ./0122342003( ho Carrie basis of hi"h d out the
resear"h under my super)ision# Certified further that to e best of our &noled!e$ the or&
reported herein does not form part of any other pro%e"t report of dissertation on the
(r.D.ARUTHIRAN B#SC$*BA#$ (r.D.ARUTHIRAN B#SC$*BA#$
(*ACULTY GUIDE$ (HEAD O* THE DEPART(ENT$
+ept# of *ana!ement Studies +ept# of *ana!ement Studies
+r#Paul,s En!ineerin! Colle!e +r#Paul,s En!ineerin! Colle!e
S8":itted for !i!a< !o9e e=a:i5atio5 6eld o5; >>>>>>>>>>>>
INTERNAL E?A(IER E?TERNAL E?A(IER
DECLARATION
AN,ARASU.K
RE-#.O/ ./0122342003
*INAL YEAR (.,.A.,
+r#Pauls En!ineerin! Colle!e$
0illupuram +istri"t#
AN,ARASU.K (./0122342003$ Final year student of +epartment of *ana!ement Studies in
Dr.Pa8l@ E57i5eeri57 Colle7e, Vill88ra:, and hereby I de"lare that the pro%e"t entitled &A
STUDY ON 'ORKING CAPITAL (ANAGE(ENT+ Submitted in the partial fulfillment of
requirement for the de!ree in (a@ter@ i5 ,8@i5e@@ Ad:i5i@tratio5 from A55a U5i!er@it# is
my Ori!inal or&#
Pla9e; Pa8lA@ Na7ar
Date; (AN,ARASU.K$
ACKNO'LEDGE(ENT
I feel indebted to our 1ate Chairman Dr.S.%.S PAUL, P6.D pro)idin! e2"ellent
en)ironment at +r# Pauls En!ineerin! Colle!e$ 0anur$ for su""essfully "ompletin! my (,A
"ourse#
I am e2tremely !rateful to the +ire"tor Dr.SA( PAUL, (.E., P6.D ho pro)ided
ne"essary and essential fa"ilities to do this pro%e"t report#
*y sin"ere re!ards to Prin"ipal$ Dr.Y.R.(.RAO, (.E., P6.D$ +r#Pauls En!ineerin!
Colle!e$ 0anur$ for permittin! me to do the pro%e"t or&#
I sin"erely a"&noled!e the help e2tended by +ean Prof#N.CHANDRASEKARAN
+r#Pauls En!ineerin! Colle!e$ 0anur$ for alloin! me to do the pro%e"t or&#
I e2press my sin"ere than&s and deep sense of !ratitude to my 3ead of department$ (r.
D. ARUTHIRAN ,.S9.,(.,.A, +epartment of *ana!ement Studies for pro)idin! me ith an
opportunity to study and for his en"oura!ement$ support and !uidan"e to "omplete this pro%e"t
or& su""essfully#
I ha)e deep sense of !ratitude parti"ularly to (R.K.SENTHILKU(AR, for alloin!
me to do the pro%e"t or& in 4(ICRO(EN SYSTE(S ) SO*T'ARE (P$ LTD+ and other
employees for !i)in! information#
I e2press a deep sense of !ratitude to my !uide (r. D.ARUTHIRAN,,@9 (,A, 1e"turer$
+epartment of *ana!ement Studies$ +r#Pauls En!ineerin! Colle!e$ for her en"oura!ement $
support and !uidan"e to "omplete this pro%e"t or& su""essfully#
Finally$ I e2press my sin"ere than&s and deep sense of !ratitude to my parents and friends# I
than& lord Almi!hty for his Bountiful blessin!s#
A,STRACT
The Pro%e"t has been done in *ICRO*E. S5STE*S 6 SOFT7ARE 'P( 1T+$
C3E..AI# The title of the pro%e"t is 4A Study on the 7or&in! Capital *ana!ement in
*ICRO*E. S5STE*S 6 SOFT7ARE 'P( 1T+8# The study starts ith an Company,s profile
and also the need for study$ re)ie of literature and ob%e"ti)es are set out for the study# Resear"h
methodolo!y$ +ata analysis 6 Interpretation$ Findin!s and Su!!estions of the study follo#
One of the main areas of the pro%e"t is the analysis part$ here the data are analy9ed 6
interpreted$ to find out the or&in! "apital# Some of the tools used in or&in! "apital are
re!ardin! to/
Per"enta!e Analysis
S"hedule of "han!es in or&in! "apital
Ratio analysis
And then "on"lusions$ limitations 6 s"ope for further study ere dis"ussed#
LIST O* TA,LES
TA,LE NO TITLE PAGE NO
:#;#< Stru"ture of "urrent assets ::
:#;#: Stru"ture "urrent liabilities :;
:#;#; Stru"ture net or&in! "apital :=
:#;#= Computation "urrent assets :>
:#;#> ?ui"& ratio :@
:#;#@ 1iquidity ratio :A
:#;#A +ebt equity ratio :B
:#;#B Proprietary ratio :C
:#;#C Fi2ed asset to net orth ratio ;D
:#;#<D In)entory turno)er ratio ;<
:#;#<< +ebtors turno)er ratio ;:
:#;#<: Fi2ed asset fi2ed asset ;;
:#;#<; 7or&in! "apital turno)er ratio ;=
:#;#<= -ross profit ratio ;>
:#;#<> .et profit ratio ;@
:#;#<@ Operatin! ratio ;A
:#;#<A Return on asset ;B
:#;#<B Return n "apital employed ;C
:#;#<C Earnin!s per share =D
:#;#:D S"hedules of "han!es in or&in! "apital for fi)e year =<
:#;#:<
S"hedules of "han!es in or&in! "apital in :DDAE:DDB
=;
:#;#::
S"hedules of "han!es in or&in! "apital in :DDBE:DDC
==
:#;#:;
S"hedules of "han!es in or&in! "apital in :DDCE:D<D
=>
:#;#:= S"hedules of "han!es in or&in! "apital in :D<DE:D<< =@
:#;#:> S"hedules of "han!es in or&in! "apital in :D<<E:D<: =A
LIST O* CHARTS
*IGURE NO TITLE PAGE NO
:#;#< .et 7or&in! Capital :=
:#;#: Current Ratio :>
:#;#; ?ui"& Ratio :@
:#;#= 1iquidity Ratio :A
:#;#> +ebt Equity Ratio :B
:#;#@ Proprietary Ratio :C
:#;#A Fi2ed Asset To .et orth Ratio ;D
:#;#B In)entory Turno)er Ratio ;<
:#;#C +ebtors Turno)er Ratio ;:
:#;#<D Fi2ed Asset Turno)er Ratio ;;
:#;#<< 7or&in! Capital Turno)er Ratio ;=
:#;#<: -ross Profit Ratio ;>
:#;#<; .et Profit Ratio ;@
:#;#<= Operatin! Ratio ;A
:#;#<> Return On Asset ;B
:#;#<@ Return On Capital Employed ;C
:#;#<A Earnin!s Per Share =D
:#;#<B Analysis on "han!es in or&in! "apital =<
CONTENTS
LIST O* TA,LESBBBBBBBBBBBBBBBBBBBBBBBBB. (I$
LIST O* CHRTSBBBBBBBBBBBBBBBBBBBB.. BBBBB(II$
CHPTER PARTICULAR PAGE NO
I
INTRODUCTION
<#< Introdu"tion
<#: .eed for The study
<#; S"ope for the study
<#= Ob%e"ti)e of the study
<#> 1imitation of the study

<
=
>
@
A
INDUSTRY PRO*ILE
B
CO(PANY PRO*ILE
<<
II
(AIN THE(E O* THE PRO%ECT
:#< Re)ie of 1iterature
:#: Resear"h *ethodolo!y
:#; +ata analysis and Interpretation
<=
<C
::
III
RESULTS AND CONCLUSION
;#< Findin!s
;#: Su!!estion and Re"ommendation
;#; Con"lusion
=
B
>:
>;
ANNE?URE
i# BIB1IO-RAP35
ii# BA1A.CE S3EET