AN EVALUATION OF FINANCIAL PERFORMANCE OF THE

PERUMANALLUR PRIMARY AGRICULTURAL COOPERATIVE

CREDIT SOCIETY LTD.

A Project Work submitted to Vellalar College for Women (Autonomous) in partial

fulfilment of the requirement for the award of the degree of

BACHELOR OF COMMERCE (COOPERATION)

Submitted by
R. HARITHA Reg. No. 16UCP115

T. MEHALA Reg. No. 16UCP130

E. SARMILA Reg. No. 16UCP150

M. VAISHNAVI Reg. No. 16UCP160

Under the Supervision and Guidance of

Mrs. B. SANTHI, M.A., M.Com(CA)., M.B.A., M. Phil., P.G.D.C.A., PGDHRM.,
Head of the Department of Cooperation

APRIL – 2019
DEPARTMENT OF COOPERATION
VELLALAR COLLEGE FOR WOMEN (AUTONOMOUS)
“College with Potential for Excellence”
(Re-accredited with “A” Grade by NAAC)
(Affiliated to Bharathiar University , Coimbatore – 46)
Erode – 638 012.
 .

CERTIFICATE
 CERTIFICATE

This is to certify that the project report, entitled “AN EVALUATION OF

FINANCIAL PERFORMANCE OF THE PERUMANALLUR PRIMARY
AGRICULTURAL CREDIT SOCIETY LTD.,” submitted to Vellalar College for
Women (Autonomous), Erode-12 affiliated to Bharathiar University, Coimbatore, in partial
fulfilment of the requirements for the award of degree of BACHELOR OF COMMERCE
(COOPERATION) is a record of original research work done by R. HARITHA,
T.MEHALA, E. SARMILA and M. VAISHNAVI during the period 2018-2019 of their
study in VELLALAR COLLEGE FOR WOMEN (AUTONOMOUS), ERODE-12,
under my supervision and guidance and the project report has not formed the basis for the
award of any Degree, Diploma, Associateship, Fellowship or other similar title to any
candidate of any other university.

Place : Erode Signature the Guide

Date : (Mrs. SANTHI )

Countersigned

Head of the Department Principal

Viva- Voice Examination held on

Internal Examiner External Examiner

COLLEGE SEAL
DECLARATION
 DECLARATION

We hereby declare that this project report entitled “AN EVALUATION OF

FINANCIAL PERFORMANCE OF THE PERUMANALLUR PRIMARY
AGRICULTURAL CREDIT SOCIETY LTD.” submitted to Vellalar College for Women
(Autonomous), Erode-12 affiliated to Bharathiar University, Coimbatore-46, in partial
fulfilment of the requirements for the award of degree of BACHELOR OF COMMERCE
(COOPERATION) is a record of original research work done by us during 2018 – 2019
under the supervision and guidance of Mrs. B. SANTHI, M.A., M.Com(CA)., M.B.A.,
M.Phil., P.G.D.C.A., PGDHRM., Head of the Department of Cooperation, VELLALAR
COLLEGE FOR WOMEN (AUTONOMOUS), ERODE -12. The project report has not
previously formed the basis for the award of any degree / Diploma / Associateship /
Fellowship or otherwise in similar title to any candidate of any other University.

Place : Erode Signature of the Candidate

Date : 1.

2.

3.

4.

Countersigned

Signature of the Head of the Department Signature of the Guide

ACKNOWLEDGEMENT
 ACKOWLEDEGEMENT

At the outset we wish to express our deep sense of gratitude to the Lord Almighty for
his graceful blessing which helped us to attain success at every stage of our life.

We have greatly indebted our thanks to Thiru S.D.CHANDRASEKAR, B.A., the

Secretary and Correspondent, Vellalar Educational Trust for giving us great opportunity to
undertake this project.

Our sincere thanks to Dr. N. MARAGATHAM, M.Sc., M.Phil., D.A.P., (G&C),

P.G.D.C.A., Ph.D., Principal, Vellalar College for Women ,Thindal, for having given us the
official permission for doing this project work.

We take this opportunity to record our greatest indebtedness and we express our
sincere gratitude and thanks to our guide Mrs. B. SANTHI, M.A., M.Com (CA)., M.B.A.,
M.Phil., P.G.D.C.A., PGDHRM., Head of the Department of Cooperation , Vellalar College
for Women ,Erode, for her kind, enthusiastic and valuable guidance and helpful suggestions
offered at each and every stage of the project work.

We also thankful to the Joint Registrar, Managing Director, President and Board
of Directors, Accountant and other staff members of the Perumanallur Primary
Agricultural Cooperative Credit Society Ltd., who helped us providing the necessary data
required for this study.

Above all, I thank OUR PARENTS who helped me at every stage of my study and
my thanks are due to MAARK, PHOTO COPIES, Thindal.

R. HARITHA

T. MEHALA

E. SARMILA

M. VAISHNAVI
CONTENT
 CONTENT

CHAPTER TITLE PAGE

NO NO

I INTRODUCTION AND EXECUTION OF THE 1

STUDY
II REVIEW OF LITERATURE 11

III GENERAL PROFIL OF THE PERUMANALLUR 29

PRIMARY AGRICULTURAL COOPERATIVE
CREDIT SOCIETY LTD.,
IV RATIO ANALYSIS OF PERUMANALLUR 52
PRIMARY AGRICULTURAL COOPERATIVE
CREDIT SOCIETY LTD.,

V TREND ANALYSIS OF PERUMANALLUR 72

PRIMARY AGRICULTURAL COOPERATIVE
CREDIT SOCIETY LTD.,

VI SUMMARY OF FINDINGS, SUGGESTION AND 94

CONCLUSION
BIBLIOGRAPHY 101
LIST OF TABLES

LIST OF TABLES
TABLE TITLE PAGE NO.
NO.
3.1 MEMBERSHIP 31

3.2 SHARE CAPITAL 33

3.3 BORROWINGS 35

3.4 DEPOSITS 38

3.5 WORKING CAPITAL 39

3.6 CROP LOAN 42

3.7 LOANS ISSUED 43

3.8 INVESTMENT 44

3.9 GROSS PROFIT 45

3.10 NET PROFIT 47

4.1 CURRENT RATIO 54

4.2 LIQUID RATIO 56

4.3 ABSOLUTE LIQUID RATIO 58

4.4 DEBTORS TURNOVER RATIO 60

4.5 CREDITORS TURNOVER RATIO 62

4.6 INVENTORY TURNOVER RATIO 64

4.7 WORKING CAPITAL TURNOVER RATIO 66

4.8 GROSS PROFIT RATIO 68

4.9 NET PROFIT RATIO 70

5.1 PROGRESSIVE GROWTH OF MEMBERSHIP IN 73

PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY

5.2 PROGRESSIVE GROWTH OF OWNED FUNDS IN 75

PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY

5.3 PROGRESSIVE GROWTH OF BORROWINGS IN 77

PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY

5.4 PROGRESSIVE GROWTH OF DEPOSIT IN 79

PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY

5.5 PROGRESSIVE GROWTH OF WORKING 81

CAPITAL IN PERUMANALLUR PRIMARY
AGRICULTURAL COOPERATIVE CREDIT
SOCIETY

PROGRESSIVE GROWTH OF CROP LOAN IN 83

5.6 PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY

5.7 PROGRESSIVE GROWTH OF LOANS ISSUED IN 85

PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY
5.8 PROGRESSIVE GROWTH OF INVESTMENT IN 87
PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY

5.9 PROGRESSIVE GROWTH OF GROSS PROFIT IN 89

PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY

5.10 PROGRESSIVE GROWTH OF NET PROFIT IN 91

PERUMANALLUR PRIMARY AGRICULTURAL
COOPERATIVE CREDIT SOCIETY
LIST OF CHART

LIST OF CHART
CHART NO. DESCRIPTION PAGE NO.

3.1 MEMBERSHIP 32
3.2 SHARE CAPITAL 34
3.3 BORROWINGS 36
3.4 DEPOSITS 39
3.5 WORKING CAPITAL 39
3.6 CROP LOAN 42

3.7 LOANS ISSUED 44

3.8 INVESTMENT 45
3.9 GROSS PROFIT 46
3.10 NET PROFIT 48
INTRODUCTION AND DESIGN
OF THE STUDY
REVIEW OF LITERATURE

GENERAL PROFIL OF
PERUMANALLUR PRIMARY
AGRICULTURAL COOPERATIVE
CREDIT SOCIETY LTD.,
 RATIO ANALYSIS OF
PERUMANALLUR PRIMARY
AGRICULTURAL COOPERATIVE
CREDIT SOCIETY LTD.,
 TREND ANALYSIS OF
PERUMANALLUR PRIMARY
AGRICULTURAL COOPERATIVE
CREDIT SOCIETY LTD.
 SUMMARY OF FINDINGS,
SUGGESTION AND CONCLUSION

BIBLIOGRAPHY