Intership Report on Sitara Chemical

8/12/2019 Intership Report on Sitara Chemical

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Internship Report

Name of the Organization

Submitted By

Usman Naseer Ahmad

Roll No

MS12MBA050

Session

2012-2014

Hailey College of Banking & inan!e

Uni"ersi#y of $he %n'a(

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Acknowledgement

INTHE NAME OF ALLAH

THE MOST RA!IO"S# THE MOST MER!IF"L$

I would like to t%&nk Almig%ty All&% w%o g&'e me t%e we&lt% o( %e&lt% &nd m&de me &ble to

com)lete t%is inte*ns%i) *e)o*t by utili+ing my skills &nd knowledge, All t%e )*&ises &*e (o* Him

w%o bestowed me wit% t%e &bility &nd )otenti&l to com)lete t%is Inte*ns%i), I &lso )&y my

g*&titude to Him (o* en&bling me to com)lete t%is Inte*ns%i) Re)o*t wit%in due cou*se o( time,

I %&'e no wo*ds to e-)*ess eno*mous %umble oblig&tions to my &((ection&te .&*ents (o* t%ei*

)*&ye*s &nd st*ong dete*min&tion t%&t en&ble me to &c%ie'e t%is /ob,

Beyond t%is# I &m &lso 'e*y t%&nk(ul to M*, Mubin"lH&0 (o* being 'e*y coo)e*&ti'e &nd

encou*&ging to me in %el)ing me &ll t%e t&sks w%ic% we*e necess&*y to com)lete t%is *e)o*t,

I c&nnot (o*get t%e su))o*t o( M*, S&l&%udin Ali&ni# M*, S%&%id I0b&l# M*, S%&(0&tN&see*# &nd

M*, Anw&* "lH&0 &nd &ll ot%e* st&(( membe*s o( Sit&*& !%emic&l Indust*ies Ltd# (o* t%ei* %el)

in )*e)&*ing my inte*ns%i) *e)o*t,

I t%&nk to &ll my te&c%e*s# cl&ss (ellows# (*iends &nd well wis%e*s, I e-tend my %e&*tiest (eelings

&nd best wis%es to t%e cont*ibution o( my de&* (*iends

Fin&lly# I o((e* my since*est t%&nk to my (&mily membe*s w%o &lw&ys )*&yed (o* my e'e*

success &nd )*o'ide me t%ei* endless coo)e*&tion# mo*&l &nd (in&nci&l su))o*t du*ing my studies,

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1edic&tion

Fi*stly o( &ll# I t%&nk to All&% &nd I dedic&te &ll my e((o*ts to

PROPHET MUHAMMAD (P.B.U.H.)

H&+*&t Mu%&mm&d 2S,A,34 is sou*ce o( ins)i*&tion 5 guid&nce (o* t%e w%ole m&nkind, , A(te*

t%is I &m g*e&tly t%&nk(ul to my &((ection&te belo'ed )&*ents w%o t&ug%t me t%e (i*st ste) to t&ke

t%e (i*st wo*d to s)e&k &nd su))o*ted me mo*&lly &s well &s (in&nci&lly t%*oug%out my studies#

&nd unde* w%ose (eet my %e&'en lies, I &m &lso t%&nk(ul to my te&c%e*s# w%o bestowed me wit%

t%ei* de-te*ous encou*&gement# consistent su)e*'ision &nd w%o enlig%tened me wit% t%ei* s)eci&l

&ttention &nd c&*e, I &m &lso t%&nk(ul to my (*iends &nd t%ose w%o %&'e gene*ously cont*ibuted

t%ei* t%eo*etic&l knowledge to t%is *e)o*t till its )ublic&tion# )*&yed (o* my success &nd %el)ed

me in g&ining g*ound in t%e '&*ious (ields &nd w&lks o( ent%usi&stic li(e, I wis% t%&t t%is %umble

&ttem)t o( mine m&y )*o'e &n e'e*l&sting link between its *e&de*s &nd mysel(,

In t%e end# I e-)*ess my dee) sense o( g*&titude to &ll t%ose w*ite*s# *el&ti'es &nd (*iends w%ose

wo*ks &nd &ssist&nce %&'e been &n in'&lu&ble sou*ce o( lig%t &nd ins)i*&tion to me,

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E-ecuti'e Summ&*y

Sit&*& !%emic&l Indust*ies Ltd is one o( t%e g*owing &nd glowing n&mes in t%e (ield o(

c%emic&ls, T%is o*g&ni+&tion is )*oducing &nd e-)o*ting l&*ge '&*ieties o( t%e c%emic&l )*oducts,

!%emic&l secto* is )*o'iding & g*e&t &mount o( *e'enue to count*y &nd it is &lso o((e*ing & %uge

&mount o( em)loyment in t%e count*y, So# I wis%ed &nd got &n o))o*tunity to st&*t &nd com)lete

my inte*ns%i) in Fin&nce de)&*tment o( Sit&*& !%emic&l Indust*ies Ltd, F&is&l&b&d,

Inte*ns%i) w&s my (i*st ste) in )*&ctic&l li(e# t%*oug% w%ic% I le&*nt & lot &nd it %&s &ided me in

being well e0ui))ed wit% '&lu&ble e-)e*ience t%&t would %el) me once I ente* t%e )*o(ession&l

li(e &(te* t%e com)letion o( my studies,

I wo*ked in Sit&*& !%emic&l Indust*ies Ltd, &s &n inte*nee, My &ssoci&tion wit% t%is com)&ny

w&s being & )&*t o( t%e Fin&nce 1e)&*tment, It w&s & g*e&t e-)e*ience (o* me &nd it %el)ed me in

*e&li+ing w%e*e my )otenti&l lies, 3%&t I le&*nt &t S!IL o'e* t%e weeks w&s %ow to get &long

wit% t%e )eo)le t%&t I %&'e to wo*k wit% e'e*yd&y# building *el&tions%i)s wit% )eo)le# building

con(idence &nd im)*o'ing my communic&tion skills, T%is inte*ns%i) )*o'ed to be bene(ici&l &nd

e((ecti'e &s well (o*medto st&*t my (utu*e c&*ee* in Fin&nce# so t%is inte*ns%i) %&s %el)ed me &

lot, T%is e-)e*ience %&s t&ug%t me & lot o( skills# te&mwo*k &nd %ow to de&ls )eo)le in & toug%

soci&l &nd (in&nci&l situ&tion, E'en t%oug% t%e n&tu*e o( wo*k w&s 0uite b&sic (o* &n inte*nee

ne'e*t%eless# I got to see w%&t )*&ctic&l li(e is, T%is inte*ns%i) o'e*&ll %&s been & g*e&t

e-)e*ience,

I %&'e done my inte*ns%i) in &ll m&in de)&*tments o( Sit&*& !%emic&l Indust*ies Limited *ele'&nt

to my (ield 2Fin&nce4, T%e inte*ns%i) b&sic&lly *e'ol'ed &*ound t%e knowledge o( b&sic &nd

&d'&nce (e&tu*es o( Fin&nce, T%e system# style o( wo*king 5 t%e commitment o( t%e em)loyees

in S!IL is *e&lly wo*t%y,

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Sit&*& !%emic&l Indust*ies Ltd, is one o( t%e le&ding !%emic&l e-)o*te*s in .&kist&n t%&t e-)o*ts

&ll kinds o( c%emic&l )*oducts &ll o'e* t%e wo*ld, I**es)ecti'e o( &ll t%ese )ositi'e )oints o(

Sit&*& !%emic&l Indust*ies Limited# I %&'e noticed & (ew &*e&s w%e*e t%e im)*o'ement

could*e&lly inc*e&se t%e e((iciency o( S!IL,

In t%is *e)o*t I %&'e gi'en & 'e*y b*ie( *e'iew o( w%&t I %&'e seen du*ing my inte*ns%i), I %&'e

mentioned &ll t%ese &s I %&'e m&de &n inte*ns%i) &s &cco*ding to t%e sc%edule, I &lso mentioned

&bout t%e c%emic&l indust*ies in .&kist&n &nd 'ision o( it,

T%en I %&'e discussed &bout my le&*ning in t%e w%ole inte*ns%i) t%&t is &ll &bout t%e !%emic&l

Te*minologies &nd )*ocess o( )*oductions, I %&'e m&de it )ossible to w*ite e&c% &nd e'e*y t%ing

t%&t I %&'e le&*nt t%e*e, I %&'e &ll my )*&ctic&l e((o*ts in t%e (o*m o( t%is m&nusc*i)t t%&t is t%e

&sset o( my (utu*e c&*ee*,

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Brief Introduction of the Organiation!s Business "ector

I#TRODU$TIO#

S!IL w&s inco*)o*&ted in 6786 &nd beg&n )*oducing c&ustic sod& in 6789# initi&lly &t &

*&te o( :; met*ic tons !&ustic & d&y, T%e )l&nt)*oducts success(ully, T%is not only *educes t%e cost o(

)*oducing !&ustic Sod& but &lso gene*&te %e&'y *e'enue (o* t%e o*g&ni+&tion,

T%is &lso %el)s to meet t%e o*g&ni+&tion


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$ode of Ethics and Business Practices

S!IL belie'es in stimul&ting &nd c%&llenging te&m o*iented wo*k en'i*onment t%&t

encou*&ges# de'elo)s &nd *ew&*ds e-cellence &nd diligently se*'e communities# m&int&ining %ig%

st&nd&*ds o( mo*&l &nd et%ic&l '&lues

$ore %a&ues of the Organiation

Integ*ity &nd %onesty

O)en# *es)ect(ul &nd su))o*ti'e

.*e)&*ed to t&ke c%&llenges &nd see t%em t%*oug%

1ee) *eg&*ds (o* custome*s# business )&*tne*s &nd em)loyees

Sel( c*itic&l &nd &ccount&ble

u&lity in )*oducts &nd de&lings

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O'er'ie of the organiation

(a) Brief Histor*+

Sit&*& !%emic&l Indust*ies Limited 2S!IL4 w&s inco*)o*&ted in 6786 &s & )ublic

limited com)&ny &nd st&*ted its comme*ci&l )*oduction in 678# unde* t%e +e&lous &dminist*&tion

o( two b*ot%e*s# H&/i Abdul %&(oo* 2l&te4 &nd H&/i B&s%i* A%m&d, Now M*, Mu%&mm&d

Ad*ees is t%e !%ie( E-ecuti'e o( S!IL, M*, H&seeb A%med is &mongst t%e : *d gene*&tion

business m&n o( t%e (&mily# e0ui))ed wit% MBA Fin&nce (*om L"MS L&%o*e, T%e (&cto*y is

situ&ted &t :? @,M F&is&l&b&d S%eik%u)u*& Ro&d F&is&l&b&d, S!IL inco*)o*&ted unde* t%e

com)&nies< o*din&nce 678 &nd listed in678C,

Initi&lly# S!IL w&s inco*)o*&ted (o* !%lo*&l Alk&li .*oductionD %owe'e* t%e me*ge* t&kes

)l&ce wit% &(oo* B&s%ee* Te-tile in S!IL %&s m&de g*owt% by le&)s &nd bounds &nd become

l&*gest !&ustic Sod& )*oduce* in .&kist&n, At )*esent S!IL %&s & m&*ket s%&*e o( 8 in !&ustic

Sod& indust*y, Now Sit&*& *ou) o( Indust*ies is one o( t%e l&*gest &nd *e)uted business g*ou)s

in .&kist&n,

Sit&*& !%emic&l Indust*ies is & l&*gest c%emic&l indust*ies &nd su))lie* in t%e .&kist&n, Sit&*&

!%emic&l Indust*ies de&ls wit% te-tiles# sug&*# cement# .!# c%emic&ls &nd &g*i c%emic&ls, Now#

Sit&*& !%emic&l e-tended its business tow&*d t%e medic&l g&ses like o-ygen g&s# nit*ous g&s# &nd

&i* g&s w%ic% is used in %os)it&l, Sit&*& !%emic&l indust*y su))lies t%e c%emic&ls to indust*ies &ll

o'e* t%e .&kist&n, Sit&*& *ou) o( Indust*ies m&inly consists o(D

Industria& Institutions

Sit&*& !%emic&l Indust*ies Ltd, 2!%emic&l 1i'ision 4

Sit&*& !%emic&l Indust*ies Ltd, 2Te-tile 1i'ision4

Sit&*& Te-tile Limited,

Sit&*& Ene*gy Limited,

Sit&*& F&b*ics

Sit&*&Ag*i Model F&*m

Sit&*& )e* O-ide,

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,roups of $harita-&e Institutions

A+i+ F&tim& T*ust,

Sit&*& institute o( M&n&gement &nd Tec%nology,

A+i+ F&tim& Hos)it&l

A+i+ F&tim& Medic&l !ollege

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c) Business %o&ue+ (Tota& nu-er of shares)

!om)&ny A$ !l&ss S%&*e is ;#;;;#;;;G> 6; e&c% &nd !om)&ny B$ !l&ss s%&*e is?;#;;;#;;;G> 6; e&c%,T%e Aut%o*i+ed !&)it&l o( S!IL is =;#;;;#;;; o*din&*y s%&*es

Rs,6;G E&c%, Andcom)&ny issued o* )&id u) c&)it&l is ?6#?7#;C s%&*es,

(d) Product /ines

S!IL is m&nu(&ctu*e* Ge-)o*te* o( 0u&lity c%emic&l c&ustic sod& (l&ks# li0uid# solid# H!L#

s)eci&lty c%emic&l &nd g&ses w%ic% we &*e e-)o*ting &*ound t%e globe, Ou* )*oduction

c&)&city o( c&ustic sod& is ?;MTG d&y,Sit&*& !%emic&l Indust*ies Ltd, is cu**ently de&ling in (ollowing )*oduct lines

$austic "oda (#oah "odiu H*dro0ide)

It is t%e m&in )*oduct o( t%e S!IL, Its &nnu&l c&)&city in S!IL is 6?7#9;; met*ic tons, It is in

di((e*ent s)&ces like# li0uid# (l&kes &nd solid# etc,

Aoniu $h&oride (#H1$I)

T%e inst&lled c&)&city in S!IL is :#;;; met*ic tons,

B&eaching Poder ($a (O$I) 2 $a&ciu H*poch&orite)

T%e &nnu&l c&)&city in S!IL is 9;; met*ic tons

H*drated /ie ($a (OH) 2)

Its &nnu&l c&)&city in S!IL is 69;; met*ic tons,,

H*droch&oric acid (H$I)

Its &nnu&l c&)&city in S!IL is C8#;;; met*ic tons,,

/i3uid $h&orine ($I2)

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AM L&b 5

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13/50

Its &nnu&l c&)&city in S!IL is 8#;;; met*ic tons,

"pecia&t* $heica&s

Following &*e t%e s)eci&lty c%emic&l )*oduced in Sit&*& !%emic&l Indust*ies Ltd, F&is&l&b&d,

!&lcium !%lo*ide 2!&!I?,?H?O4

!%lo*in&ted .&*&((in oil 2!.34 2!nH?n>!In4

Fe**ic !%lo*ide Li0uid 2Fe!I:4

Fe**ic Sul)%&te 2Solid>.owde*4 2SO4: nH?O

M&gnesium !&*bon&te 2Mg!O:4

M&gnesium !%lo*ide 2Mg!I?,=H?O4

Nickel !%lo*ide 2Ni!I?,=H?O4

.oly Aluminum !%lo*ide 2Solid4 2AI?OH9!I4

Medica& ,ases

Followings &*e t%e Medic&l &ses o( t%e Sit&*& !%emic&l Indust*ies Ltd, F&is&l&b&d,

!&*bon 1io-ide &s 2!O?4

Nit*ous O-ide &s 2N?O4

O-ygen &s 2O?4

Agricu&ture Products

Following &*e t%e Ag*icultu*e )*oducts o( t%e Sit&*& !%emic&l Indust*ies Ltd, F&is&l&b&d,

!%el&ted I*on

!%el&ted inc

N.@>!

Nut*i !&lcium

.%os)%o*ous .lus

.%os)%o*ous .lus

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.ot&s% .lus

(e) $opetitors+

Following &*e t%e list o( com)etito*s

Itte%&d !%emic&ls

Eng*o !%emic&ls

Nim&* !%emic&ls

(f) Introduction of A&& Departents+

Adin Departent

T%e m&in *ole o( Admin de)&*tment is to )*o'ide &dminist*&ti'e su))o*t G se*'ices to t%e

o)e*&tions G wo*ks de)&*tment (o* smoot% o)e*&tion o( t%e )l&nt, Admin de)&*tment &lso

)e*(o*m (unction *el&ting to secu*ity weig%b*idge t*&ns)o*t m&n&gement &nd de&ling wit%

o't, *el&ted de)&*tments,

$EO "ecretariat+

M&in (unctions o( !EO Sec*et&*i&t de)&*tment to &ssist !%ie( E-ecuti'e O((ice* in

)e*(o*ming %is d&ily (unctions,

$oercia& 4 Iport+

All )u*c%&ses o( S!IL &*e m&de t%*oug% !omme*ci&l &nd Im)o*t de)&*tment,

.*ocu*ement &nd )u*c%&se o( loc&l item by comme*ci&l de)&*tment &nd im)o*ted item by

im)o*t de)&*tment, T%ese de)&*tment &lso )*e)&*ed &ll document *el&ted to )u*c%&se suc%

)u*c%&se o*de*# )u*c%&se &d'ice# etc,

$i'i&+

T%e m&in )u*)ose o( !i'il 1e)&*tment is to const*uct buildings 2.l&nts# Accommod&tion#

&nd O((ice4, In !i'il 1e)&*tment &nnu&l budgets &*e )*e)&*ed (o* two ty)es o( m&inten&nce

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suc% *outine *e)&i* &nd m&inten&nce &nd m&/o* m&inten&nce, !i'il de)&*tment &lso )*e)&*ed

tec%nic&l *e)o*ts on const*uction# e-)&nsion &nd e-tension o( buildings,

E&ectrica& 4 Mechanica&+

Elect*ic&l de)&*tment )e*(o*m (unction *el&ted to e*ection &nd m&inten&nce o( )l&nt &nd

m&c%ine*y &nd &ll *outine *e)&i* &nd m&inten&nce o( m&c%ine*y,

5inance 4 Accounts+

Fin&nce de)&*tment &**&nge (in&nce &nd negoti&te o'e* co&t o( (in&nce# to %&ndle s&le#

*ecei'&ble# debto* &ging# c&s% &nd b&nk etc, Accounts de)&*tment )*e)&*e mont%ly# 0u&*te*ly

&nd &nnu&lly Accounts# !osting# Budgeting 5 Fo*ec&sting &nd %&ndle )&y&ble &nd insu*&nce#

L!# In'ento*y 5 Sto*es etc

H"E+

HSE 1e)&*tment w&s de'elo)ed in ?;;?, T%e m&in ob/ecti'e o( HSE de)&*tment is to

cont*ol o'e* en'i*onment )ollution &nd minimi+e t%e &bno*m&l incidents, HSE de)&*tment

)*o'ides knowledge &nd &w&*eness to &'oid un)le&s&nt incident t%*oug% conduct semin&*

&nd t*&inings,

Inforation Techno&og*+

1e'elo)ment o( o*&cle b&ses )*og*&m# Netwo*king# H&*dw&*e M&inten&nce

I"O "ecretariat+

T%e m&in ob/ecti'e o( ISO de)&*tment est&blis%ed in S!IL is to m&int&in t%e 0u&lity &nd

en'i*onment&l st&nd&*d &cco*ding to inte*n&tion&l st&nd&*d o*g&ni+&tion,

Interna& Audit+

Inte*n&l Audit 1e)&*tment in S!IL c&me into e-istence in 678:, M&in (unction o( IA1 is

to monito* t%e im)lement&tion o( inte*n&l )*ocedu*es# )olicies# inte*n&l cont*ol systems &nd

*e)ot &ny 'iol&tion, IA1 &lso detect &nd cont*ol &ll (in&nci&l *isk &nd (*&uds,

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/a-+

All t%e tests &*e m&nd&to*y tests, !*itic&l tests &*e done on %ou*ly b&sis i( t%e*e is mo*e

'&*i&tion, En'i*onment tests suc% &s e((luents# w&te* test &nd sludge tests &lso t&ken in L&b,

Personne& Departent+

M&in (unctions o( )e*sonnel de)&*tment in S!IL &*e &s (ollowsJ

Hi*ing t%e em)loyeesG3o*ke*s &nd &**&nge t*&ining semin&*s,

M&int&in Attend&nce 5 le&'e *eco*d o( em)loyees# )e*(o*m&nce &))*&is&ls# )*omotions o(

em)loyees &nd de'elo) o*ient&tion )*og*&m (o* newly %i*ed em)loyees, Im)lement &nd

c%eck com)li&nce o( *ules 5 *egul&tions o( l&bo* Act,

Production+

To unde*t&ke )*oduction &cti'ity &nd m&int&in desi*ed )*oduction 'olume,

"a&es4 Mar6eting Departent+

M&in (unction s&le &nd m&*keting to inc*e&se e-isting dem&nd# to wo*k &s o*g&ni+&tion


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P&an of internship progra

(a) Brief Introduction of the -ranch+

I %&'e com)leted my inte*ns%i) (*om t%e )l&nt o((ice o( t%e Sit&*& !%emic&l Indust*ies

Ltd &t :?>@M S%eik%u)u*& Ro&d F&is&l&b&d, All t%e o)e*&tion&l units &*e situ&ted o'e* %e*e

&nd t%e o((ici&l st&((s o( Fin&nce# m&*keting &nd ot%e* st&(( &*e &lso wo*king %e*e, I wo*ked

in Fin&nce de)&*tment wit% t%e coo*din&tion o( &ll membe*s,

(-) Duration of internship progra+

Fo*m ;?,;C,?;6: to 6?,;8,?;6:

(c) #ae of the departents of training+

Fin&nce 1e)&*tment

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M* Training Progra

1et&iled desc*i)tion o( my t&sk du*ing t%e inte*ns%i),

(a) Re'ie of 5inancia& stateents

3%en I /oined S!IL# t%e (i*st t&sk w&s gi'en to me to *e'iew o( (in&nci&l st&tements o(

t%e o*g&ni+&tion by M*, Mubin"lH&0, He )*o'ided me two sets o( b&l&nce s%eets, I

*e'iewed t%ose st&tements &nd &sked t%em &bout m&ny )oints conce*ning to t%e co*)o*&te

cultu*e o( t%e o*g&ni+&tion, T%e *e'iew w&s e&sy but I got little )*oblem in some )oints

like c&lcul&tions o( de)*eci&tion# 3..F &nd t&-&tion section w%ic% I *eco'e*ed soon,

(-) Dai&* Ban6 Position+

In t%is &cti'ity (in&nce de)&*tment got b&nk st&tement on d&ily b&sis &nd )e*(o*m

c&lcul&tion to e'&lu&te &'&il&ble b&l&nce in b&nk, To c&lcul&te &'&il&ble b&l&nce only

un)*esentedc%e0ues subt*&cted (*om t%e b&nk b&l&nce w%ic% &*e dis)&tc%ed to )&*ties, It

uses to know d&ily )osition o( b&nk &nd %ow muc% c%e0ue o*g&ni+&tion issued,

(c) 5und Transfer+

S!IL dist*ibuted t%ei* )*oducts t%*oug% di((e*ent +ones &t e'e*y +one build &

+on&l o((ice, 3%en need o( money &*ise &ny +on&l o((ice to (ul(ill t%is need c&s% t*&ns(e*

t%*oug% b&nk *&t%e* t%&n c%e0ue, Fund t*&ns(e* is 0uick w&y o( t*&ns(e**ing money, Fo*

t%is )u*)ose Fin&nce de)&*tment w*ite & lette* to b&nk (o* t*&ns(e* o( (und,

(d) Ban6 ,uarantee+

I &m &lso 'iew b&nk gu&*&ntee, !om)&ny de)osited & %&ndsome &mount in b&nk

in S!IL t%is &mount is two mont% &'e*&ge bill o( elect*icity &nd g&s, In c&se com)&ny got

de(&ulte* o'e*nment institute *eco'e* t%ei* bill (*om b&nk gu&*&ntee,

(e) Month&* "toc6 Ta6ing Report+

18| P a g e


19/50

Fin&nce de)&*tment submitted mont%ly de)&*tment to st&tistic&l de)&*tment o(

go'e*nment on mont%ly b&sis, In mont%ly stock t&king *e)o*t de)&*tment mentioned t%e

det&il o( )*oduction# s&l&*y &nd w&ges o( em)loyees# no o( em)loyees etc,

(f) Pro7ected $ash 5&o+

O*g&ni+&tion )*e)&*ed )*o/ected c&s% mont%ly 0u&*te*ly &nd ye&*ly b&sis, In S!IL

)*o/ected c&s% (low )*e)&*ed on mont%ly b&sis by (in&nce de)&*tment to e'&lu&te *ecei)t

&nd )&yment &nd &'&il&ble c&s%, I( t%e*e is &ny s%o*t(&ll o( c&s% will be m&n&ged timely,

(g) Preparation of %oucher

E'e*y t*&ns&ction is )&ssed t%oug% 'ouc%e* ent*y, S!IL is using o*&cle d&t&b&se

system (o* t%e &ccounting wo*king, I got t%e t*&ining o( di((e*ent 'ouc%e* ent*y in o*&cle

system, T%e c&tego*ies o( 'ouc%e*s &*e &s (ollow,

Ban6 %oucher

It is used (o* b&nk )&yment )u*)ose,

/ia-i&it* %oucher

It is use to c*e&te li&bilities,

$ash %oucher

It is used (o* c&s% )&yment# *eimbu*sement,

Receipt %oucher

T%is document is c*e&ting w%en we *ecei'ed &ny )&yment (*om custome*s,

8ourna& %oucher

It is used (o* di((e*ent )u*)ose e,g, m&ke )*o'ision# &d/usted b&l&nced etc,

In'oice %oucher

S&le o( &ny )*oduct is *eco*d t%*oug% in'oice 'ouc%e*,

19| P a g e


20/50

In'oice Return

Any s&le *etu*n is *eco*d t%*oug% in'oice *etu*n 'ouc%e*,

Di'ersion $ase

I le&nt &bout t%e 1i'e*sion (*om one custome* to &not%e* custome*,

(h) Te&egraphic Transfer

I unde*st&nd %ow Funds t*&ns(e**ed t%*oug% 2Teleg*&)%ic t*&ns(e*4 TT &nd

1em&nd 1*&(t 2114 (o* t%e )&yment o( im)o*t billsGin'oices, Im)o*t de)&*tment send

documents (o* t%e )&yment &nd Fin&nce 1e)&*tment 'e*i(y &ll necess&*y documents

*e0ui*ed &g&inst )*oceedings in c&se o( TT5 11, Fin&nce de)&*tment )*e)&*ed & lette*

in (&'o* o( b&nk wit% &ll *e0uisite in(o*m&tion o( t%e e-)o*te*


21/50

(o* *eco'e*y, A(te* t%&t &ll custome* b&nk b&l&nce u)d&ted, In t%is w&y I got t%e

knowledge o( &ging &nd collection *e)o*t on d&ily &nd mont%ly,

(6) 5inancing Mode of Transaction

I got t%e knowledge &bout (in&ncing t*&ns&ction t%&t %ow & t*&ns&ction m&de

be(o*e &'&il t%e (&cility o( &ny 1isbu*sement,

(&) 9no&edge of dou-&e entr* s*ste

I got knowledge &bout t%e double ent*y system o( t%e &ccounts de)&*tment, T%e

)&yment system &nd t%e booking o( t%e bills &nd &lso t%e )u*c%&ses (*om c*edito*s &*e

'e*y inte*esting in double ent*y system, T%is system s%ows t%e b&l&nces o( e'e*y c*edito*

&nd &lso t%e e-)enses t*&ns(e**ed to ot%e* &ccounts is t%e )&*t o( double ent*y system

() Profit ca&cu&ations

S!IL (ocuses in Isl&mic Fin&nce *&t%e* con'ention&l Fin&nce, S!IL %&s been

&'&iling Isl&mic e-)osu*es (*om di((e*ent b&nks i,e, Mee+&n B&nk Ltd# B&nk Al(&l&% Ltd

2Isl&mic 1i'ision4# 1ub&i Isl&mic B&nk .&kist&n Limited# St&nd&*d !%&*te*ed B&nk# Bu*/

B&nk Limited &nd B&nk Isl&mi, S!IL %&d &lso issued Isl&mic sukuk to meet its long te*m

(in&ncing 3%ile# in long te*m (in&ncing ot%e* s%&*i&% com)l&int )*oducts like mus%&*ik

1iminis%ing Mus%&*i&k I *e'iewed t%e m&*ku) c&lcul&tions o( lo&n o( e'e*y b&nk &nd

skuke,

(n) "toc6 ca&cu&ations

T%e stock o( t%e o*g&ni+&tion is c&lcul&ted &nd m&int&ined t%*oug% t%e stocks &nd

consum)tion o( t%e *&w m&te*i&l, T%e ent*ies &nd m&inten&nce o( t%e stocks is being

c&lcul&ted in O*&cle &nd s)*e&ds%eets, T%ese *e)o*ts s%ow t%e cu**ent b&l&nces o( stocks

&nd t%e mo*e *e0ui*ements o( stocks to be )u*c%&sed,

(o) Aging of creditorsT%e c*edito*s &*e li&bilities o( t%e com)&ny &nd we must %&'e to )&y b&ck to

t%em, T%e *egiste*ed )u*c%&ses &*e to be )&id b&ck wit%in :; d&ys (*om t%e d&y o(

)u*c%&sing, So we must %&'e to t&ke c&*e &bout t%e &ging o( t%e c*edito*s ot%e*wise it

will be t%e 'iol&tion o( s&les t&- *ules,

21| P a g e


22/50

(p) Ta0 ca&cu&ations

!o*)o*&te secto* %&s m&ny t&- *es)onsibilities w%ic% t%ey must %&'e to com)ly,

T%e t&- segment includes income t&- o( di*ecto*s# em)loyees# c*edito*s &nd income t&-

*etu*ns duly (illed mont%ly &nd &nnu&lly b&sis,

(3) Procedure of E0port

I 'isit e-)o*t document&tion de)&*tment w%e*e I le&*ned t%e e-)o*t cycle t%&t %ow

t%e e-)o*t )*ocedu*e is being )*ocessed, T%ey told me &bout t%e S%i))ing Bill# F*eig%t

se*'ices# cle&*ing se*'ices# *eb&te# c&*e system &nd ot%e* conce*ning in(o*m&tion,

(r) $he3ue fi&&ing

I got t&sk &nd knowledge t%&t %ow to (ill t%e !%e0ue (o* t%e )&yment to c*edito*s,

In S!IL c%e0ue &*e (illed in system inste&d o( m&nu&l,

(s) "a&es Ta0 in'oice

I w&s gi'en t%e t&sk to c%eck &nd *e&d t%e s&les t&- in'oice t%o*oug%ly, I c%ecked t%e

desc*i)tion o( t%e m&te*i&l# s&les t&- *&tes &nd e-cise duty c&lcul&tions,

(t) "a&es Ta0 Returns

I got & c%&nce to c%eck t%e ing*edients o( S&les t&- *etu*n, T%e e-)o*t# loc&l )u*c%&se &nd

im)o*t (igu*es &nd t%e s&les t&- b&l&nces s%ows t%e &ctu&l s&les &nd )u*c%&ses (o* t%e

s)eci(ied mont%,

22| P a g e


23/50

R&tio An&lysis

(:) $urrent Ratio+

!u**ent R&tio K

!u**ent Assets

!u**ent Li&bilities

Ratio #ae

"itar $heica& Industries /td.

!u**ent R&tio K!u**ent Assets

!u**ent Li&bilities

2;:; 2;:: 2;:2

6#CC7#CC#:9C

?#6?8#9;:#99C

< ;.=1 Ties

?#;8#C6C#8C

:#C:6#7;6#96=

< ;.>? Ties

?#C69#?87#;:?

#?C7#C;?#7CC


24/50

Interpretation

!u**ent R&tio is & li0uidity *&tio t%&t me&su*es com)&nys &bility to )&y b&ck its s%o*t>te*m

oblig&tions o'e* t%e ne-t 6? mont%s o* its business cycle, !u**ent *&tio is & (in&nci&l *&tio t%&t

me&su*es w%et%e* o* not & com)&ny %&s enoug% *esou*ces to )&y its debt o'e* t%e ne-t business

cycle 2usu&lly 6? mont%s4 by com)&*ing (i*ms cu**ent &ssets to its cu**ent li&bilities, In ye&*s

?;6; cu**ent *&tio is ;,8J6 in ?;66 *&tio is ;,9=J6 &nd in ?;6? cu**ent *&tio is ;,=:J6 w%ic%

indic&tes t%&t t%*ee ye&*s (i*m %&s ;,8# ;,9= &nd ;,=:# !u**ent R&tio o( ye&* ?;6; &nd ?;6? is

)*etty good w%ile# in ?;66 its dec*e&ses, Benc% m&*k (o* t%is *&tio is ? me&ns cu**ent &ssets

s%ould be twice o( cu**ent li&bilities, Abo'e *esults &*e s%owing t%&t cu**ent &ssets &*e e'en not

e0u&l to cu**ent li&bilities w%ic% is & sign o( we&k li0uidity )osition

(2) Acid Test Ratio+

Acid Test R&tio K!u**ent Assets > in'ento*y > )*e)&yments

!u**ent Li&bilities

Ratio #ae"itara $heica& Industries /td.

Acid Test R&tio K!u**ent Assets in'ento*y> )*e)&yments

!u**ent Li&bilities

24| P a g e


25/50

2;:; 2;:: 2;:2

Acid Test

Ratio

6#?==#89#77?

?#6?8#9;:#99C

< ;.?; Ties

?#:C=#7?;#7?

:#C:6#7;6#96=

< ;.?1 Ties

K 6#86?#6=;#98;

#?C7#C;?#7CC

< ;.12 Ties

or6ing

2;:;

6#CC7#CC#:9C>9;?#?7?#?8?>6;#=77#;8: K6#?==#89#77?

2;::

:#?=?#C6C#8C>889#;8:#:;>C6#;69K ?#:C=#7?;#7?

2;:2

?#C69#?87#;:?>7;?#C?;#8:;>;C#=?? K 6#86?#6=;#98;

T%is (igu*e belongs to (in&nci&l st&tement ?;6? &bout ?;66 com)&*&ti'ely bec&use you %&'e

inse*ted co**ection comments in decl&*e *esult o( my l&st submission inte*ns%i) *e)o*t,

25| P a g e


26/50

Interpretation

T%e &cid test *&tio# &lso known &s t%e li0uid o* t%e 0uick *&tio, T%e ide& be%ind t%is *&tio

is T%&t stock is sometimes & )*oblem bec&use t%ey c&n be di((icult to sell o* con'e*t in to li0uid

(o*m u*gently, Acid Test R&tio *e(e*s to t%e &bility o( t%e com)&ny to )&y its cu**ent li&bilities

wit% cu**ent &ssets e-cluding in'ento*y, uick *&tio is conside*ed & mo*e *eli&ble test o( s%o*t>

te*m sol'ency t%&n cu**ent *&tio bec&use it s%ows t%e &bility o( t%e business to )&y s%o*t te*m

debts immedi&tely,

As & *ule o( t%umb li0uidity *&tio o( 6J6 is conside*ed &s s&tis(&cto*y but it '&*ied

indust*y to indust*y, B&sed on &bo'e c*ite*i& !om)&ny?#6?8#9;:#99C

< R"(@1C;2?C2;;)

:#?=?#C6C#8C > :#C:6#7;6#96=

< R"(1?C:=@C??)

?#C69#?87#;:?> #?C7#C;?#7CC

< R"(:C>?1C1:@C1>)

26| P a g e


27/50

Interpretation

3o*king c&)it&l is & common me&su*e o( & com)&nys li0uidity# e((iciency# &nd o'e*&ll %e&lt%,

Bec&use it includes c&s%#in'ento*y# &ccounts *ecei'&ble#&ccounts )&y&ble# t%e )o*tion

o( debtdue wit%in oneye&*# &nd ot%e* s%o*t>te*m &ccounts# & com)&nys wo*king c&)it&l *e(lects

t%e *esults o( & com)&ny &cti'ities# including in'ento*y m&n&gement# debt

m&n&gement# *e'enuecollection# &nd )&yments to su))lie*s,

.ositi'e wo*king c&)it&l gene*&lly me&ns t%&t t%e com)&ny is &ble to )&y o(( its s%o*t>te*m

Li&bilities, Neg&ti'e wo*king c&)it&l me&ns t%&t & com)&ny cu**ently is un&ble to meet its

S%o*t>te*m li&bilities wit% its cu**ent &ssets 2c&s%# &ccounts *ecei'&ble &nd in'ento*y4,

3o*king c&)it&l o( com)&ny w&s *em&ined neg&ti'e in &ll : ye&*s, !om)&ny used &gg*essi'e

&))*o&c% to m&n&ge wo*king c&)it&l due to lesse* in'estment in *ecei'&ble &nd in'ento*y to

m&-imi+e t%e )*o(it&bility,

(1) Tie Interest Earned+

Time Inte*est E&*ned K E&*nings be(o*e inte*est &nd t&-es2EBIT4

Inte*est E-)enses

Ratio #ae "itara $heica& Industries /td.

27| P a g e
http://www.investinganswers.com/financial-dictionary/investing/liquidity-5295http://www.investinganswers.com/financial-dictionary/businesses-corporations/cash-5011http://www.investinganswers.com/financial-dictionary/businesses-corporations/cash-5011http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/accounts-receivable-37http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/accounts-receivable-37http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/accounts-payable-38http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/accounts-payable-38http://www.investinganswers.com/financial-dictionary/debt-bankruptcy/debt-5752http://www.investinganswers.com/financial-dictionary/businesses-corporations/year-5717http://www.investinganswers.com/financial-dictionary/businesses-corporations/year-5717http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/inventory-management-5999http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/inventory-management-5999http://www.investinganswers.com/financial-dictionary/businesses-corporations/revenue-5108http://www.investinganswers.com/financial-dictionary/businesses-corporations/revenue-5108http://www.investinganswers.com/financial-dictionary/businesses-corporations/cash-5011http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/accounts-receivable-37http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/accounts-payable-38http://www.investinganswers.com/financial-dictionary/debt-bankruptcy/debt-5752http://www.investinganswers.com/financial-dictionary/businesses-corporations/year-5717http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/inventory-management-5999http://www.investinganswers.com/financial-dictionary/businesses-corporations/revenue-5108http://www.investinganswers.com/financial-dictionary/investing/liquidity-5295


28/50

Tie Interest Earned < Earnings -efore interest and ta0es(EBIT)

Interest5inance E0penses

2;:; 2;:: 2;:2

Time

Inte*est

E&*ned

6#?6;#8::#?:

=;;#8C6#?77


29/50

Interpretation

Hig%e* '&lue o( times inte*est e&*ned *&tio is (&'o*&ble me&ning g*e&te* &bility o( & business to

*e)&y its inte*est &nd debt, Lowe* '&lues &*e un(&'o*&ble, A *&tio o( 6,;; me&ns t%&t income

be(o*e inte*est &nd t&- o( t%e business is /ust enoug% to )&y o(( its inte*est e-)ense,

Time Inte*est E&*ned indic&tes t%e numbe* o( times inte*est is co'e*ed by )*o(its &'&il&ble to )&y

inte*est, It is &n inde- o( (in&nci&l st*engt% o( & com)&ny, !om)&*&ti'e (igu*e s%ows t%&t

com)&ny w&s in )*o(it be(o*e inte*est &nd t&- &nd com)&nys &bility to )&y inte*est is 'e*y good,

In ?;6; &nd ?;6? com)&ny E&*ning %&s two times mo*e t%&n it inte*est e-)enses but in &bo'e

?;66 ye&* (igu*e is s%ow t%&t low '&lue (o* t%e inte*est w%ic% me&n t%e business is )otenti&lly in

d&nge* to meet its (in&nce cost, On t%e ot%e* %&nd ne-t ye&* ?;6? com)&ny )e*(o*m&nce &nd its

s&(ety m&*gin good t%&t t%e business %&s in te*ms o( being &ble to meet its inte*est oblig&tions,

(>) De-t Ratio+

1ebt R&tio KTot&l Li&bilities

Tot&l Assets

Ratio

#ae

"itara cheica& Industries /td.

1ebt R&tio KTot&l Li&bilities

Tot&l Assets

?;6; ?;66 ?;6?

De-t Ratio

=#;;9#8C#;78

6;#:6;#9C#7:C

< ;.>= Ties

=#99=#C6:#C:6

66#?=:#C=#:C9

= Ties

C#;66#C;8#9=

6?#88;#==;#7C

1 Ties

29| P a g e


30/50

Interpretation

1ebts *&tio indic&tes t%e '&lue o( debts in tot&l &ssets, Its me&n %ow muc% '&lue o( *&tio o( tot&l

&ssets is on le&se o* )u*c%&se by bo**owing money, In ?;6;# ?;66 &nd ?;6? debts *&tio o(

com)&ny is ;,98 #;,98 &nd in ?;6? is ;,9 it me&ns com)&ny %&'e e0uity c&)it&l t%&n debts

c&)it&l, In ?;6;5?;66 debt *&tio %ig% &s com)&*e to ?;6?, But o'e*&ll debt *&tios is good

m&/o*ity o( com)&ny &ssets &*e in'ested by owne* it is good sign (o* com)&ny, T%is s%ows

com)&ny %&s &bility to g*ow &nd com)ete in t%e m&*ket,

(?) De-tE3uit* Ratio+

1ebtG E0uity R&tio KTot&l 1ebt

S%&*e Holde*


31/50

S%&*e Holde*e s%&*e %olde*s,,

31| P a g e


32/50

() #et Profit Margin

Net .*o(it R&tio K Net .*o(it - 6;;

S&les

Ratio #ae

"itara $heica& Industries /td.

Net .*o(it R&tio K Net .*o(it - 6;;

S&les

2;:; 2;:: 2;:2

#et Profit

Ratio

=?#C6C#?6 - 6;;

9#C:9#C79#7:


33/50

inc*e&sed by t%e costing o( cutting on 1i*ect &nd indi*ect e-),t%is s%owed t%&t com)&ny

)*o(it&bly is good *&t%e* t%&n its l&st ye&* o( )e*(o*m&nce,

(=) ,ross Profit Margin+

*oss .*o(it M&*gin K *oss .*o(it - 6;;

Net S&le

33| P a g e

Ratio #ae


,ross Profit Margin < ,ross Profit 0 :;;

#et "a&e

2;:; 2;:: 2;:2

,ross Profit Margin

6#9:8#C?#CC - 6;;

9#C:9#C79#7:

K2?.=@F

6#99:#=6#;6 -6;;

=#?6=#8C7#79

K21.F

?#;=7#78C#67?- 6;;

C#=:#7?=#96C


34/50

Interpretation

T%e g*oss )*o(it m&*gin *&tio tells us t%e )*o(it & business m&kes on its cost o( s&les# o* cost

O( goods sold, It is & 'e*y sim)le ide& &nd it tells us %ow muc% g*oss )*o(it )e* Rs, 6 o(

Tu*no'e* ou* business is e&*ning

In t%e &bo'e c&lcul&tion . m&*gin in ?;6; is ?=,8: &nd ne-t ye&* it dec*e&sed ?,77 due to inc*e&se

in cost o( s&le, In t%e ye&* ?;6? it )e*(o*med 'e*y well by t%e inc*e&se o( s&le &s com)&*e to cost o( s&le

o* e((icient wo*k on cost s&'ing,

() Return on Assets+

Retu*n on Assets KNet .*o(it &(te* T&-- 6;;

A'e*&ge Tot&l Assets

or6ing 2;; 2;:; 2;:: 2;:2

Non !u**ent Asset C#7C;#;8:#6:; 8#9:;#78;#98; 8#;;6#;?8#9?8 6;#6=9#:C6#7?

!u**ent Asset ?#6:#:?8#;79 6#CC7#CC#:9C :#?=?#C6C#8C ?#C69#?87#;:?

Tota& Asset :;C::@C1::C22> :;C@:;C1>C@ ::C2?@C1?C@> :2C==;C??;C1

34| P a g e

Ratio #ae


Return on Assets < #et Profit after ta00 :;;

A'erage Tota& Assets

2;:; 2;:: 2;:2

Return on Assets

=?#C6C#?6- 6;;

6;#?66#7:#986

@F

?C#776#:?6- 6;;

6;#C8C#6;?#69=

F


35/50

A'erage Tota& Asset 2;:; =:

A'erage Tota& Asset 2;:: ?

A'erage Tota& Asset 2;:2


36/50

Interpretation

A use(ul indic&to* o( %ow )*o(it&ble & com)&ny is *el&ti'e to its tot&l &ssets, It &lso gi'es &n ide&

&s to %ow well t%e com)&ny is &ble to use its &ssets to gene*&te e&*nings, A %ig%e* *&tio s%ows

%ig% *etu*n &nd 'ice 'e*s&, Assets utili+&tion *&tio is in ?;6;# ?;66 &nd ?;6? is ,9:# :,7C

&nd 9,=9 *es)ecti'ely, In ?;66 *etu*n on &ssets decline bec&use dec*e&se in net )*o(it &nd in

?;6? it inc*e&sed by t%e inc*e&se o( Net .*o(it &nd Inc*e&se in A'e*&ge Asset o( ?;66 &nd ?;6?,

(:;) Operating Incoe Margin+

O)e*&ting Income M&*gin K E&*ning Be(o*e T&- -6;;

Net S&les

36| P a g e

Ratio #ae


Operating Incoe Margin < Earning Before Ta0 0:;;

#et "a&es

2;:; 2;:: 2;:2

Operating Incoe

Margin

=;7#7=6#7:9-6;;

9#C:9#C79#7:


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Interpretation

It )*esents t%e o)e*&ting *esult o( t%e com)&ny (o* t%e )e*iod, A %ig%e* *&tio indic&tes t%&t

com)&ny %&s %ig%e* o)e*&ting )*o(it, In ?;6;# ?;66 &nd ?;6? o)e*&ting income m&*gin *&tio o(

com)&ny is 6;,=:# 8,:&nd6:,68 *es)ecti'ely, O)e*&ting m&*gin )*o(it o( (i*m dec*e&se in

?;66 due to %ig% (in&nci&l cost, But in ye&* ?;6? o)e*&ting income m&*gin inc*e&se# by e((icient

wo*k o( s&le de)&*tment inc*e&se t%e s&le &nd com)&ny &lso did )*o)e* )l&n o( wo*k (o* cont*ol

t%e (in&nci&l cost

(::) Return on E3uit*+

Retu*n on Tot&l E0uity K Net .*o(it - 6;;

A'e*&ge S%&*e Holde*?;C=;:C;=?

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Ratio #ae


Retu*n on Tot&l E0uity K Net .*o(it - 6;;

A'e*&ge S%&*e Holde*


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A'erage "hare Ho&der!s E3uit* 2;:2 < "hare Ho&der!s E3uit* 2;:: G "hare Ho&der!s E3uit* 2;:2 2

A'erage "hare Ho&der!s E3uit* 2;:2 < :#C8=#66#;?; #;?#889#799G?

A'erage "hare Ho&der!s E3uit* 2;:2


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A'erage Tota& Asset 2;:2


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T%is (igu*e belongs to (in&nci&l st&tement ?;6? &bout ?;66 com)&*&ti'ely bec&use you %&'e

inse*ted co**ection comments indecl&*e *esult o( my l&stsubmission inte*ns%i) *e)o*t,

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Ratio #ae


Operating $ash 5&o Ratio < $ash 5&o 5ro Operating Acti'it*

$urrent /ia-i&ities

2;:; 2;:: 2;:2

Operating $ash

5&o Ratio

?=C#778#;C

?#6?8#9;:#99C

;.:@ Ties

6#?9#;79#8=6

:#7;#67#9:7


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Interpretation

O)e*&ting c&s% (low *&tiois cashfromo)e*&ting &cti'ities &s & )e*cent&ge o( cu**ent li&bilitiesin

& gi'en )e*iod,

T%e o)e*&ting c&s% (low *&tio c&n g&uge & com)&nys li0uidity in t%e s%o*t te*m, "sing c&s% (low

&s o))osed to income is sometimes & bette* indic&tion o( li0uidity sim)ly bec&use# &s we

know# c&s% is %ow bills &*e no*m&lly )&id o((, Its benc% m&*k is 6,

In t%e &bo'e &n&lysis# we c&n see t%&t in ye&* ?;6; t%is *&tio is ;,6:# &nd t%en it c%&nged into

;,:? in t%e ne-t ye&* due to e-cess gene*&tion o( c&s% (low (*om o)e*&tions# w%ic% is good (o*

t%e com)&ny, But in ?;6?# it


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Interpretation

T%is *&tio com)utes t%&t w%&t &mount o( )*o(it )e* s%&*e is )&id out to s%&*e%olde*s (*om t%e

e&*nings, It c&n e'&lu&te w%&t s%&*e%olde*s &ctu&lly *ecei'e in c&s% &g&inst t%ei* in'estment, In

?;6;# 5 ?;66*&tio is ?,9; &nd =,?9 But in ?;6? it is &t t%e %ig% st&ge t%en t%e l&st ye&* due tot%e

s&le &nd )*o(it o( t%e com)&ny w&s %ig% so it )&ys l&*ge &mount &s di'idend t%&t is %&ndsome

*etu*n &g&inst t%e in'estment (o* t%e s%&*e%olde*,

(:>) Earning Per "hare+

E&*ning )e* S%&*e K Net .*o(it

No, o( S%&*es outst&nding

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Ratio #ae

"itara $heica& Industries /tdC

E&*ning )e* S%&*e K Net .*o(it

No, o( S%&*es outst&nding

2;:; 2;:: 2;:2

E&*ning )e* S%&*e=?#C6C#?6

?;#;8#797

< R"22.?

?C#776#:?6

?6#?7#;=

< R":.

=88#86#7C

?6#?7#;=

< R" @2.:@


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Interpretation

T%is *&tio s%ows %ow muc% &n in'esto* o* e0uity %olde* e&*ning &g&inst t%ei* s%&*es,

T%is *&tio is 'e*y im)o*t&nt (o* in'esto* to e'&lu&te w%et%e* in'estment in s%&*es is suit o* not, In

ye&* ?;6; E.S is good &(te* t%&t in ?;66 it dec*e&se due to t%e inc*e&se o( t%e no o( s%&*es

outst&nding, In ?;6? com)&ny )*etty good due to t%e inc*e&se o( net )*o(it,

5uture prospect of organiation

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M&in business o( S!IL is !%ole* Alk&li )l&nt &nd it m&/o* cost o( m&nu(&ctu*ing c&ustic

sod& is (uel &nd )owe*, !&ustic sod& is me*c%&nt commodity &nd S!IL %&'e &l*e&dy c*e&ted

b*&ndingG)ositioning o( c&ustic sod& solid &nd (l&kes in inte*n&tion&l m&*ket, Aim o( S!IL is to

get t%e utmost s%&*e its )*oducts in inte*n&l m&*ket &nd t%&t is w%y m&n&gement continuously

e-)lo*ing t%e inte*n&tion&l m&*ket o( its )*oducts in o*de* to &ugment t%e o'e*&ll s&les &nd

)*o(it&bility o( t%e com)&ny,

Anot%e* &im o( S!IL is to se&*c% *enew&ble ene*gy *esou*ces &nd to o'e*come s%o*t&ge

o( inconsistent )owe* su))ly w%ic% could le&d to & conside*&ble *educe in o'e* &ll )owe* &nd

(uel cost o( t%e com)&ny, To &c%ie'ed t%is &im S!IL %ig%e* m&n&gement )l&nning (o* s%i(ting o(

e-isting duel (uel boile* to multi (uel boile* w%ic% would be mo*e economic&l &nd c%e&)e* &nd

consistent sou*ce o( )*oducing ste&m )&*ticul&*ly du*ing g&s c*isis in t%e count*y, T%is )*o/ect

*e0ui*ed in'estment &))*o-im&tely 6;; million &nd S!IL st&*t wo*k on t%is )*o/ect &nd will be

com)leted in P&nu&*y# ?;6?, T%is )*o/ect dec*e&se tot&l FOH cost o( S!IL &nd com)&ny got

com)etiti'e &d'&nt&ge o'e* com)etito* &nd com)ete in inte*n&tion&l m&*kets,

S!IL &lso &im to inc*e&se it c&ustic sod& )*oduction c&)&city to &c%ie'e t%is &im S!IL

inst&lled new c&ustic sod& )l&nts wit% l&test tec%nology so t%&t 0u&lity )*oduct wit% cost &nd got

economies o( s&le to g&ined com)etiti'e &d'&nt&ge,

To ensu*e se0uenti&l )e*(o*m&nce &nd g*owt%# S!IL st*ongly (eel t%&t ou* com)&ny

s%ould de'elo) some &lte*n&te ene*gy *esou*ces, In t%is *eg&*d m&n&gement o( t%e com)&ny is

conside*ing (o* setting co&l b&se )owe* )l&nt, Tec%no comme*ci&l &cti'ities %&s been initi&ted

&nd m&/o* )owe* )l&nt m&nu(&ctu*e*s o( !%in& %&s been in'ited to 0uote t%ei* )*ices, 3e %o)e

t%&t by t%e end o( t%is ye&* ?;6?# we will be &ble to (in&li+e t%is )*ocess

$onc&usion

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A Sit&*& !%emic&l indust*y Limited is m&*ket le&de* in c%emic&l indust*y, S%ould kee) & close

eye w&tc% on t%e mo'es m&de by t%e com)etito*s, I suggest it s%ould e-tend its R51 de)&*tment

(o* suc% )u*)oses, Fin&nce de)&*tment c&n %el) t%e o*g&ni+&tion to c%eck t%e (e&sibility &nd

e((ects o( t%e new )*o/ects,

Decrease the #eutra&iation and Increase "torage $apacit*

S!IL is bo*n muc% cost on neut*&li+&tion o( H!L &nd !%lo*ine due su*)lus, O*g&ni+&tion s%ould

inc*e&se sto*&ge c&)&city &nd e-)lo*e new m&*ket (o* t%ei* )*oducts, So t%&t neut*&li+&tion will

be dec*e&se

References 4 "ources Used

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Following &*e t%e *e(e*ences &nd sou*ces used in t%is *e)o*t,

(o* *&tios

Sit&*& !%emic&l Indust*ies Limited, 2?;6;# Pune :;4, Annu&l Re)o*t, 2010# )),6;#68#:;>:?#:9

Sit&*& !%emic&l Indust*ies Limited, 2?;66# Pune :;4, Annu&l Re)o*t, 2011# )),C#68#?8>:;#:?

Sit&*& !%emic&l Indust*ies Limited, 2?;6?# Pune :;4, Annu&l Re)o*t, 2012# )),8#6C#?=>?8#:;

Annexure

Sit&*& !%emic&l Indust*ies Limited, 2?;6:# Pune 694, http://www.sitara.com.pk/scil/introduction ,

Ret*ie'ed Pune 69# ?;6:# (*om Sit&*& !%emic&l Indust*ies LimitedJ%tt)JGGwww,sit&*&,com,)kGscilG

www,sit&*&,com,)kGco*)o*&te,in(o*m&tion,&s)

Annu&l Re)o*ts

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Intership Report on Sitara Chemical

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