YASU BANNA

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    ACKNOWLEDGEMENT

    I wish to acknowledge Dr. SB Choradia(The director)for giving the idea of creating over own company profile

    and also thankful for his precious guidance and also

    thanks to Mrs. PS Mangudkar, my seniors especially to

    Mr. #for giving us valuable data which I used in mycompany profile.

    I will always remain thankful to them for their co-

    operative nature.

    INDEX

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    LOCATION

    INTRODUCTION

    THE TEAM

    CHAIRMANS MESSAGECOMPANY HISTORY

    COMPANY VISION

    COMPANY MISSION

    AUDITORS

    CORE VALUE

    MARKET SHARE

    ORGANIZATION HIERARCHY

    ORGANIZATION STRUCTURE

    RAW MATERIALMAJOR SUPPLIERS

    RESEARCH & DEVELOPMENT

    PRODUCT MIX

    OUR PRODUCTS

    INFRA STRUCTURE

    SALES GRAPH

    BALANCE SHEET

    FINANCIAL STATEMENT

    EXPORTS & IMPORTS

    THE MARKETING STRENGTH

    DISTRIBUTION NETWORK

    ACHIEVEMENTS

    CUSTOMER QUOTES

    CERTIFICATIONS & BANKERS

    ENVIRONMENT POLICY

    COMPARISION

    SOCIAL CONTRIBUTIONSFUTURE PLANS

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    LOCATION

    Head office:-PARASHAR Enterprises,

    RIICO area phase-III,

    Near Sangam Industries,

    Bhilwara (Raj.)Ph no.- (01482) -224625,224524

    Mo. 094142-60340, 094143-72569,

    098233-76877

    Fax 01482-224625

    Subsidiary:-

    PARASHAR Enterprises

    Near S.C.G. cricket ground,Sydney, Australia,

    Pin - 56473021

    WEB - www.parasharenterprises.com

    E-MAIL [email protected]

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    INTRODUCTION

    At PARASHAR enterprises we always believe in our people,

    the highly talented individuals, who make us the success that we

    are.

    The company marketed across the globe through 100

    distributors, 300 exclusive showrooms and over 5000 multi-brand outlets.

    Parashar enterprises synonymous with the quality shoes for the

    whole familyranging from casuals to formals and from an

    elegant collection for ladies to fun range for kids.

    Parashar enterprises means where ever you go Ill be there.

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    THE STRUCTURE

    FOUNDER :- MR. SUBHASH C. PARASHAR

    CHAIRMAN :- MR. VIJAY ABHISHEK

    PARASHAR

    VICE CHAIRMAN :- MRS. SUSHILA PARASHAR

    MANAGING DIRECTOR :- MR. ASHUTOSH PARASHAR

    VICE MANAGING DIRECTOR :- MR. GANESH PARASHAR

    DIRECTORS :- MR. JAGDISH PARASHAR

    MR. LAKHAN PARASHAR

    MR. KASHMIR PARASHAR

    MR. VIVEK PARASHAR

    MR. JYOTIR PARASHAR

    MR. DAYANAND PARASHAR

    MR. ANAND PARASHAR

    MARKETING MANAGER :- MR. PUNEET JAIN

    GENERAL MANAGER :- MR. DHARMENDRA SINGH

    FINANCIAL MANAGER :- MR. VIKAS KABRA

    SALES MANAGER :- MR. RAGHVENDRA SHARMA

    PRODUCTION MANAGER :- MR. NITIN AGARWAL

    R&D MANAGER :- MR. RAGHVENDRA SHARMA

    HR MANAGER :- MISS POOJA MUNDRA

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    CHAIRMANS MESSAGE

    Dear Shareholders,

    Parashar enterprises believes that greater the value you put

    on managing skills, time and your talent to understand the

    dynamics of change and reach great success.Parashar enterprises made quality shoes to take on the

    world and leave their mark in world market.

    Parashar enterprises have earned a reputation for quality

    shoes making.

    Due to our quality & achievement lots of shoes

    companies have chosen us to make possible joint venture in

    India.

    Let me assure you that we make quality shoes andcustomer will get satisfied by choosing our product.

    With lots of respect & good wishes.

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    COMPANY HISTORY

    Parashar enterprises started shoes manufacturing in year 1992

    with 500 pairs a day.

    Parashar enterprises started shoe business in Bhilwara in 1998.

    This business started by Mr. VIJAY ABHISHEK PARASHAR

    including his father Mr. SUBHASH C. PARASHAR.

    The company has an annual turnover of 58 crore, employing2000.

    Parashar enterprises have its own studio for design and

    development of footwear.

    We manufacture footwear both for export and domestic

    markets.

    The company has state of the art production facilities at Steps to

    manufactures high quality footwear and its total sale is over

    35% and its rising.

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    COMPANY VISION

    Our company has some aims in between 2008 they are:-

    To sale our products in worldwide market.

    To establish a new manufacturing unit at Australia.

    To walk that extra mile to ensure customer satisfaction

    worldwide.

    To remain a true cosmopolitan to the spirit.

    To follow the highest standards of honest workmanship in

    whatever we make.

    To ensure that the method we use is the latest technology

    world over.

    To remain a great corporation to associate with, to work for,

    to know that- we are about people.

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    COMPANY MISSION

    Looking the demand of time we manufacture stylish

    shoes with the best quality.

    This effort of Parashar enterprises fills the gap between

    tradition and ultra modern group.

    Our product is a complete family package and customer

    satisfaction is our aim.

    We are truly use latest technology for making of

    Parashar enterprises.

    We have modernized machineries & equipment to

    produce international class & quality and provide

    national and international market.Lead as no. 1 shoe manufacturing company in the world

    and become the pride of India.

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    AUDITORS

    We have both internal as well as external auditors for checking

    the accounts of our business transaction.

    Internal

    Vaibhav Sharma

    Gaurav Jagetiya

    External

    Monish Sharma

    Rakesh Khatti

    the above persons are playing a vital role in oursuccess and that is how we have an excellent fameamong our customers, creditors, investors andgovernments etc.

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    CORE VALUE

    Customer satisfaction ( we provide what they desire)

    Customer focus ( on their comfort ) Team work (work with team sprit)

    Agility ( in making product)

    Innovation

    We believe people make an organization.

    We use world class technology to attain market leadership.

    We have built work culture based on merit, integrity and

    transparency.

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    MARKET SHARE

    Nike Parashar

    Enterprises

    Adidas Action Others

    26% 22% 16% 16% 20%

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    MARKET SHARE

    NIKE

    PARASHAR

    ENTERPRISES

    ADIDAS

    ACTION

    OTHERS

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    ORGANIZATION HIERARCHY

    Where ever you go Ill be there.

    Marketing

    Manager

    Finance

    ManagerHRManager

    Production

    Manager

    Sales

    Manager

    Ad. Dept.Sales

    Executive

    C.Accountant

    Accountant

    Jr. H R

    Manager

    Assistant..

    Manager

    Supervisor

    Jr.Production

    Manager

    Mfg. Unit

    CEO

    14

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    .

    ORGANIZATION STRUCTURE

    Where ever you go Ill be there.

    Perception, Learning,

    attitudes & Values,

    Motivation

    Group dynamics,

    Leadership,

    Power & Policies

    OrganizationOrganizational culture, Human

    resource planning & Practices,

    Work stress research &

    Development

    Organization

    behaviour

    Organizations

    effectivenessGroup behaviour

    15

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    RESEARCH & DEVELOPMENT

    Parashar enterprises have its separate research department in

    each zone of country; we have also appointed separate research& development smoothly.

    Currently we are researching on the new flavor for new

    launches.

    Our research searcher also takes general peoples opinion from

    different part of India.

    Our researchers always take corrective steps for increase in the

    quality of shoes.

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    PRODUCT MIX

    Parashar enterprises make footwear for every one. Thisfamily is style personified with something for every need. Be it

    formal or casual, at office or at the beach, a conference or asoiree liberty fits in effortlessly.

    We make some brilliant product like-

    Steps, Cool, Slider, Magics, Sonata, Janta,

    Hip top, Minder, Rocky, Kidzy, Relax, nova.

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    OUR PRODUCTS

    RH-1256 RH-4562

    C-4589 C-7895

    M-5623 M-7458

    R-7844 R-1452

    M-4785 M-4567

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    OUR CASUAL COLLECTION

    M-1221 M-1456 M-4523

    J-4145 J-8545 J-5245

    V-4541 V-7463 F-74501

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    INFRA STRUCTURE

    The company has 25000 sq feet built up area with 6th floors in

    prime commercial area at BHILWARA which is main business

    center of Rajasthan state.

    The company has state of art specialized machinery.

    The company has manpower of nearly 2000 employees. Thecompany has a strong network in all around world. Our

    company has a large transport for delivering product. Near

    company campus a society of our employees.

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    SALES GRAPH

    Sales turnover for last six years given below-

    Year Rs (CR.)

    2000-2001 11

    2001-2002 162002-2003 24

    2003-2004 35

    2004-2005 46

    2005-2006 58

    s a l e s g r a

    0

    2 0

    4 0

    6 0

    8 0

    2 0 0 0 -

    2 0 0 1

    2 0 0 1 -

    2 0 0 2

    2 0 0 2 -

    2 0 0 3

    2 0 0 3 -

    2 0 0 4

    2 0 0 4 -

    2 0 0 5

    2 0 0 5 -

    2 0 0 6

    ye a

    sales

    cr.

    RS (CR.

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    BALANCE SHEETas year ended 31 March 2006

    +Liabilities Rs.(CR.) Assets Rs.(CR.

    Capital

    Preference

    share 10Equity share

    40

    Cash in hand 18

    +netprofit 25 75 Land&

    building

    20

    creditors 10 Plant &

    machinery 25

    Unsecured

    loans

    5 -dep. 5 20

    Bonds 10 Goodwill 8

    Motor car 5

    - dep 1 4

    Debtors 25

    Closing stock 5

    Total 100 Total 100

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    FINANCIAL STATEMENT

    A company that has helped 100 million people thinks on

    their feet in style.

    For us the future plans are not something that can be

    termed as crystal gazing but nearly ensconced ideas and

    deliverables in a continuum.

    We are fast building new brands and products,improving the all time favorites and expanding our

    marketing infrastructure and honing our skills to further

    delight the consumer.

    And with an overall 30% boom planned each year for the

    next five years you could say that Indias only true blue

    footwear manufacturing multinational is just peeking

    over the edge.

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    EXPORTS & IMPORTS

    The immense popularity of Parashar enterprises

    products in India was always a challenge to our

    product capacity.

    Now, using more modern techniques for capacity

    expansion, we have begum spreading our wingsand are going global.

    Parashar enterprises shoes and confectionaries are

    fast gaining acceptance in international markets,

    such as, Australia, and Srilanka.

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    THE MARKETING STRENGTH

    The brand Parashar enterprises is closely identified with

    footwear by consumers.

    The extensive distribution network, built over the years,

    is a major strength for Parashar enterprises products.

    Parashar enterprises shoes are available to consumers,

    even in the most remote places and in the smallest ofvillages with a population on of just 400.

    Parashar enterprises has nearly 2500 wholesalers,

    catering to 1, 00,000 retail outlets directly or indirectly.

    A two hundred strong dedicated field force services these

    whole salaries and retailers. Additionally, there are 30

    depots and C&F agents supplying shoes to the wide

    distribution network.

    The Parashar enterprises marketing philosophyemphasized catering to the mass.

    We constantly endeavor at designing products that

    provide satisfaction and fun to common man. Most

    Parashar enterprises offerings are in the low and mid-

    range price segment.

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    DISRIBUTION NETWORK

    PRODUCTION AT BHILWARA

    DISTRIBUTOR

    AGENT

    WHOLESALE DISTRIBUTOR

    LOCAL DISTRIBUTOR

    STOCKIEST

    CONSUMERS

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    ACHIEVEMENTS Best newcomers in shoes company 1993.

    Parashar enterprises have won the very prestigious annual

    images fashion awards for the most admired footwear

    company in 2000.

    Best customer satisfaction Award in year 2002.

    Received gold for quality and brand image in BrusselsAwards.

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    CUSTOMER QUOTES

    Our company provides goods according to the customer needs

    and wants.

    We always make our products for the customer satisfaction.

    We provide products in right time and in right quantity.

    We make modification in our products according to change in

    customers requirement.

    We facilitate free gifts and discounts for customers attraction.

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    CERTIFICATIONS

    ISO 9000

    ISO14001

    BANKERS HDFC BANK

    ICICI BANK

    BANK OF BARODA

    STATE BANK OF BIKANER AND JAIPUR

    STATE BANK OF INDIA

    CANARA BANK BANK OF RAJASTHAN

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    ENVIRONMENT POLICY

    A forestation program along with save theYAMUNA project

    brought many laurels and kudos to our bailey road canal which

    is linked with YAMUNA

    Planning of trees is routinely carried out at all PARASHARENTERPRISES units.

    The Parashar enterprises environmental mission statement is to

    provide our people and customers in order to help sustain

    human development globally

    A forestation program along with save the TIGER PROJECT.

    The Parashar enterprises environmental mission statement is to

    provide our people and customers in order to help sustain

    human development globally.

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    COMPARISION

    This comparative study clearly depicted by the graph that

    Parashar enterprises is giving tough competition to its

    competitors.

    From the beginning it was striving against well establishedcompanies.

    Some time such adverse situations came but due to only its

    strategically steps and customers feedback, but its conspicuous

    that after great struggle it is going to be No. 1 Company and

    pride of INDIA.

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    SOCIAL CONTRIBUTIONS

    It is obvious that every business stand for profit making.

    Without profit no one dare to do business therefore our

    company also stands for profit making, but with profit making

    our company gives some social awareness programs : -

    For staff

    Housing & township facilities

    Medical & hospital

    Holiday benefits

    Educational fund

    Provident fund

    Training to staff

    For community

    Local tax paid to municipality

    Social welts &community

    Environment improvement

    For general public

    Taxes & duties paid to

    - Central government- State government

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