Project Report on Working Capital Management at TATA Steel

EXECUTIVE SUMMARY

Project Description:

To study the working capital management practices of Tata Steel and compare with Indian firms SAIL and JSW steel. The project on Working Capital Management has been a very good experience. Every manufacturing company faces the problem of working Capital Management in their day to day process. An organization’s cost can be reduced and the profit can be increased only if it is able to manage its Working Capital efficiently. At the same time the company can provide customer satisfaction and hence can improve their overall productivity and profitability.

This project is a sincere effort to study and analyze the Working Capital Management at TATA Steel. There is making a financial overview of the company by conducting a Time series analysis of TATA Steel for the years 2005 to 2010 and a Comparative analysis of TATA Steel with its domestic competitors – SAIL, JSW for the year 2010.

The internship is a bridge between the institute and the organization. This made me to be involved in a project that helped me to employ my theoretical knowledge about the myriad and fascinating facets of finance. And in the process I could contribute substantially to the organization’s growth.

The experience that I gathered over the past two months has certainly provided the orientation, which I believe will help me in shouldering any responsibility in future.