Table of Content Part-I Company Introduction 1. Corporate Profile 2 2. Bussiness Profile 6 3. Milestones of the Company 10 4. Pr
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Table of Content Part-I Company Introduction 1. Corporate profile 2 2. Bussiness profile 6 3. Milestones of the Company 10 4. Product profile 19 5. Financial analysis and ratios. 34 Part -II Introduction to the Project 1. Project introduction 36 2. Objective of the study and project title 36 3. Sampling Methods 38 4. Research Methodology 39 5. Data Analysis 42 6. Findings and Interpretation 49 7. Limitations of the research 49 8. Conclusion & Suggestions 50 9. Fieldwork 50 10. Bibliography 50 11. Annexure 1 1. Corporate Profile History The Company celebrated its centenary in 1997. In 1897 a young man named Ardeshir Godrej gave up law and turned to lock making. Ardeshir went on to make safes and security equipment of the highest order, and then stunned the world by creating toilet soap from vegetable oil. His brother Pirojsha Godrej carried Ardeshir's dream forward, leading Godrej towards becoming a vibrant, multi-business enterprise. Pirojsha laid the foundation for the sprawling industrial garden township (ISO 14001-certified) now called Pirojshanagar in the suburbs of Mumbai. Godrej touches the lives of millions of Indians every day. To them, it is a symbol of enduring ideals in a changing world. The story of Godrej started in 1897. Ardeshir Godrej - at 29, infused with the swadeshi spirit - started manufacturing locks in a tiny shed adjacent to Bombay Gas Company at Lalbaug (Mumbai). Ardeshir moved restlessly from locks to safes, soaps and further. His brother Pirojsha Godrej joined the business in 1906 to place the business on a strong footing by nurturing these growing industries. The efforts and devotion of the brothers laid the foundation of a flourishing business which became a household name -'Godrej'. The story of Godrej is one of change, development, success and achievements; of people involved in making Ardeshir's dream a reality. This story is synonymous with the growth of industry in independent India. Godrej Archives is a step towards preserving this saga of success. It aims at unfolding the contribution made by Godrej to the industrial history of India, as well as it's role in the country's future. The idea of setting up Godrej Archives was first mooted in 1995 - when preparations for celebrating the centenary of Godrej began. It was a brain-child of late Sohrab Godrej, popularly called `Soli', who was already dedicated to the task of collecting, old documents and photographs reflecting the history of Godrej. He envisioned Archives to be a heritage centre offering invaluable archival material for 2 reference and research. The objectives of Archives as laid down by him were as follows: 1. To help people understand the Company's ethos, growth; 2. Appreciate the quality of people who shaped these; 3. To trace the Company's values and commitments from the Founder's vision to the present day technological advances. Godrej Archives is engaged in collecting, arranging, cataloguing and preserving archival material reflecting on the history of Godrej. Additionally, resources are being created in the form of oral history interviews for better understanding of the business and its evolution through the reminiscences of generations of the Godrej family members and associates. 3 . The Godrej Group 4 Established in 1897, the Godrej group has grown in India from the days of the charkha to nights at the call centers. Our founder, Ardeshir Godrej, lawyer-turned-locksmith, was a persistent inventor and a strong visionary who could see the spark in the future. His inventions, manufactured by his brother Pirojsha Godrej, were the foundation of today’s Godrej Empire. One of India’s most trusted brand, Godrej enjoys the patronage and trust of over 400 million Indians every single day. Customers mean the world for them. Godrej is happy only when we to see a delighted customer smile. With 7 major companies with interests in real estate, FMCG, industrial engineering, appliances, furniture, security and agri care – to name a few –turnover crosses 2.5 billion dollars. You think of Godrej as such an integral part of India – like the bhangara or the kurta – that you may be surprised to know that 20% of business is done overseas. Their presence in more than 60 countries ensures that the customers are at home with Godrej no matter where they go. Companies 5 Godrej & Boyce From locks to aerospace, furniture to construction, appliances to custom-built critical equipment, and several more, Godrej & Boyce has a diverse range of products and services. Godrej Industries India's leading manufacturer of oleochemicals making more than a hundred chemicals for use in over two dozen industries. Its products also include edible oils, vanaspati and bakery fats. Godrej Properties One of India’s leading real estate development companies focusing on residential, commercial and township development. 6 Godrej Consumer Products A major player in the Indian FMCG market with leadership in personal care, hair care, household care and fabric care segments. Godrej Household Products Godrej Household Products Limited (GHPL) is a wholly owned subsidiary of Godrej Consumer Products Limited. With strong brands like Good Knight, HIT, Jet, Ambipur, Brylcreem and Kiwi, GHPL is the market leader in the Indian household insecticides category and has a dominant presence in the air care, shoe care and male hair care markets. Godrej Hershey A joint venture between the Hershey Company, USA and the Godrej group, it is one of India's leading businesses operating in Food and Beverages segment. 7 Godrej Agrovet Diversified Agribusiness Company with interests in animal feed, oil palm plantations, agro chemicals and poultry. It is India’s largest animal feed company. Other companies Godrej InfoTech Godrej Efacec Automation and Robotics Geometric International operations. Board of Directors J. N. Godrej (Chairman and Managing Director), Non executive Directors Adi B. Godrej, Nadir. B. Godrej, V. M. Crishna, Kavas. N. Petigara, B. A. Hathikhanavala, F. P. Sarkari, P. D. Lam, K. A. Palia and P. P. Shah, Anita ramchandra. Shareholders 8 Since its inception, the Company is controlled by the GODREJ family based in Mumbai, India. Its shares are not listed on any Stock Exchange. About one-fourth of the Company's share capital is held by Pirojsha Godrej Foundation, a public charitable trust. Branches (Sales and Service) and Retail Showrooms Mumbai, Ahmadabad, Bhopal, Indore, Jabalpur, Pune, Raipur, Thane, Dombilivli New Delhi, Chandigarh, Faridabad, Ghaziabad, Jaipur, Kanpur, Lucknow Chennai, Bangalore, Coimbatore, Hyderabad, Kochi, Secunderabad, Trivandrum, Visakhapatnam Kolkata, Bhubaneswar, Guwahati, Ranchi, Patna The Company has a network of 38 Company owned Showrooms, more than 2,200 Wholesale Dealers, and more than 18,000 Retail out lets. The Company has Representative Offices in Sharjah (UAE), Nairobi (Kenya), Colombo (Sri Lanka) and Riyadh (Saudi Arabia). Employees 10700 (including 2,000 in Sales and Service) Bankers CENTRAL BANK OF INDIA UNION BANK OF INDIA CITI BANK N.A ICICI BANK LTD. STATE BANK OF PATIALA AXIS BANK LTD. EXPORT IMPORT BANK OF INDIA Statutory Auditors KALYANIWALLA & MISTRY, Chartered Accountants 127 Mahatma Gandhi Road, Mumbai 400023 9 AWARDS 2005 October D E Byramjee, VP & Business Head SED, received the Best Supplier Award, 2005" from NCR Corporation India Pvt. Ltd. On 24th October 2005 during the India Supplier Conference at Pondicherry November Mr. Jamshyd Godrej receives the BNHS Green Governance Award:2005 for the Category–Conservation & Restoration of Habitat on behalf of Godrej & Boyce Mfg. Co. Ltd., from the hands of the honorable Prime Minister of India Dr. Manmohan Singh in a function at the Vigyan Bhavan in New Delhi on 10th November 2006. The Aeronautical Society of India declares Mr. S M Vaidya the winner of Production Technology Award for the year 2005. 2006 March Locks divisions, Goa Plant won the Goa State Safety award for longest accident free period in below 50 workmen & manufacture of basic metals & engineering industries category on 4th March 2006. 2007 24th August Won the esteemed CNBC Consumer Awaaz Award for the Most Preferred Refrigerator for the third year in a row 10 1st November On the 1st of November, 2007 Locks Division received the CII EXIM BANK AWARD FOR STRONG COMMITMENT TO EXCEL for the second year running. The award was presented at the QUALITY SUMMIT held in Bangalore. December Godrej & Boyce is awarded a Certificate of Merit, in General Category sector for the National Energy Conservation Award 2007 from the Ministry of Power, New Delhi for our efforts in Energy Conservation for the year 2007. 2008 January Kaustabh Shukla, VP-Industrial Products, nominated to the Board of Trustees of Indian Nuclear Society for a term of two years. February Appliances division, Mohali has won the Vardhaman Quality Navigator Award at the 7th North-West Qualtech Awards held in February 2007 in Mohali. March The Young Environmentalists Programme trust awarded 21 successful women in their respective fields who were selected from over 100 nominated, on basis of excelling in their career as well as working towards leaving a legacy behind for the future. Among the 21 women awarded were Dr. Maya Mahajan (Mangroves Centre Godrej), MP Priya Dutt, Sneha Subhedar-Award winning horticulturists and Hiranandani landscapists, Juhi Pande 11 -Channel V VJ and nature enthusiasts, Sunita Pandey- Bombay Natural History Society and others Godrej EON wins the prestigious “Mera Brand” of the year 2008 award in the 5th annual Consumer World Award (CWA) 2008 by the FMCG Federation of India. “Godrej eon ” won this award for the most preferred brand in the Frost-Free refrigerator Category August 'Godrej & Boyce Mfg. Co.' has been awarded the “Business Superbrand 2008 status” by the independent Superbrands Council. July Godej Interio Plant 13 wins the IMTMA SIEMENS Productivity Championship Award 2008, for project entry on "OPTIMIZING METAL WORKING PROCESS. The IMTMA Siemens Productivity Awards are held once a year to recognize, reward and encourage achievers who have contributed to productivity improvement in India Metal working industries.