Methodology:

A. Type of Study:
The study carried out here is basically analytical in nature. This type of study relies on
data which is already available.

B. Type of Data used:

The methodology involved for data collection was mainly through secondary data and
was obtained from the company’s financial statements and the company’s website. The
Balance Sheets and the Profit & Loss Accounts for the last 5 years was the source
based on which forecasting was done which was from the company’s archives. Extreme care
was taken in collecting the data from the financial statements and only relevant data
was taken for the analysis based on.

C. Sources of Data:
The source of data has been company’s Balance Sheet and Profit and Loss Accounts over
a period of past 5 years.

D. Tools used for Data Collection:

The data has been collected mainly from the company’s Balance Sheet and Profit &
Loss Account for the past 5 years. Interview schedule was taken to understand how the
Finance Department is working and what are the various policies followed in the
Organization.

E. Tools and techniques used for analysis:

Various tools and techniques have been used to fulfill the aforesaid objectives. A
thorough study of the organization has been along with in depth study of the
functioning of Finance and Accounts Department of SRPL. Further for the analysis of
Working Capital Management, study of working Capital cycle / Operating cycle has
 been made along with Operating cycle of SPRL. Thereafter, analysis of working capital has
been done by taking into consideration past 5 years Current Assets and current Liabilities.
After this component wise analysis has been done, to have in depth view of working capital
requirements and its trend. To find out the efficiency of Working Capital
management, Ratio analysis tool has been used for the evaluation of inventory, Cash
Management and Receivables Management at SRPL. Trend Projection of Working
Capital Requirements has also been done to assess the future requirements of
Working Capital.

AWARDS&ACHIEVEMENTS

 Awards from Maruti Suzuki

Maruti Suzuki has awarded SPRL its Certificate of
Appreciation in light of our superior performance in Design
and Development in 2016-17
.
 Awards from Cummins Category Partner
In Appreciation of superior performance with a commitment to
deliver value, Cummins awarded the status of Category Partner to
Shriram Piston.

 Awards from Government of India

Recognition by DSIR (Dept. of Scientific & Industrial Research-
Government of India) for "IN HOUSE R & D". "BEST
FOUNDRY AWARD" from Institute of Indian
Foundry Men & World Foundry Men Organization.
Awards from Engineering Export Promotion
Council of India - "Star Performer - Engine Parts".
 Award for Export Excellence - Northern Region
(EEPC INDIA)
 Certificate of Excellence - Star Performer
(EEPC INDIA)
 Award for Star Performer (EEPC INDIA)
 Awards from JIPM (JAPAN)
Total Productive Maintenance (TPM) Excellence and Special Awards
 TPM Special Award for Achievement (JIPM)
 TPM Award for Excellence (JIPM)

 Awards from Industry Associations

SPR has received following awards from Automotive Component Manufacturers
Association of India (ACMA), Excellence in Technology, Excellence in Exports,
Manufacturing Excellence, Quality, Productivity

 Awards from OEMS

SPR supplies products to almost all the OEMs within India. The company has
received many awards from various OEMs for Technology, Quality, Best
Vendor, Development support etc. (Awards received from Ashok Leyland,
Bajaj Auto, Cummins, Honda Motor Cycles & Scooters, Honda SIEL Cars,
Kirloskar, Maruti Suzuki, Tata Cummins, Tata Motors, WABCO etc.)

 Award for Cost Competitiveness

(Honda Motorcycle & Scooter)
 Award for Best Supplier - Engine
Proprietary (Swaraj Mazda)
 Silver Award for Quality (Bajaj
Auto)
 Gold Award for Quality (Honda)
 Award 2016 for Innovation
 Bronze Award for Quality (Bajaj Auto)
 Winner - Quality Co-Creation Competition(Mahindra &
Mahindra)
 Award for Vendor Performance (Suzuki Motorcycle)
 Derisking Award (Maruti Suzuki)
 1st Runner Up - Quality Co-Creation Competition (Mahindra & Mahindra)
 Bronze Award for Quality (Bajaj Auto)
 Award for participation -VendorConference (Maruti Suzuki)
 Annual Commodity Award for Engine Proprietary - Farm Division (Mahindra &
Mahindra)
 Award for Vendor Performance (Suzuki Motorcycle)
 Silver Award for Overall Performance (Maruti
 Suzuki)
 Award for Best Initiative on Sustainability (Cummins)

 Award for Super Performance (Maruti Suzuki)

 Award for participation -VendorConference (Maruti
Suzuki)
 Annual Commodity Award for Engine Proprietary - Farm Division (Mahindra &
Mahindra)
 Silver Award for Overall Performance (Maruti Suzuki)
 Award for Best Initiative on Sustainability (Cummins)
 Award for Super Performance (Maruti Suzuki)
 Grand Award for QCDDM (Honda Motorcycle & Scooter)
 Award for Human Resource Initiatives (Maruti Suzuki)
 Award for Vendor Performance - Quality (Suzuki Motorcycle)
 Award for Outstanding QCLDM Performance
 - Engine Proprietary (Ashok Leyland)
 Award for Outstanding Contribution - Supply Chain

Management (VE Commercial Vehicles)

 Award for Overall Contribution - Supply (Renault
Nissan)
 Award for Performance (Honda)
 Award for Good Quality Performance (Wabco)
 Award for Outstanding Performance (Mahindra &
Mahindra)
 Award for Commendable Performance - Green Vendor Development Program (Hero
MotoCorp)