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1. Submitted to:
Institute of Management
Pt. Ravishankar Shukla University Raipur (C.G.)
Submitted in partial fulfillment for award of
MASTER OF BUSINESS ADMINISTRATION
Guided By: Submitted By:
Mr. R.C Shrivastava Aarti Shrangi
Manager (F & A) MBA 3 rd semester
Bhilai Steel Plant

2. BHILAI STEEL PLANT

3. COMPANY PROFILE
Type Central Public Sector
Industry Metallurgical Process
Founded 1955
Headquarters
Bhilai ,Chattisgarh ,
India
Products Rails , Plates, Structurals

4. COMPANY DESCRIPTION
Bhilai Steel Plant is a flag ship unit of Steel Authority of
India Limited. SAIL, a fully integrated iron and steel maker,
produces both basic and special steels for domestic
construction, engineering, power, railway, automotive and
defense industries and for sale in export markets. In terms of
annual production SAIL is the 18th largest steel producer in
the world.

6. PRODUCT PROFILE
 Rail & Heavy Structural
 Total Saleable steel
 Merchant
(Angles, Channels, Round & TMT bars)
 Wire Rods (TMT, Plain & Ribbed)
 Plates (up to 3600 mm wide)

7. OBJECTIVES OF THE STUDY
 To ensure proper flow of funds for current operations.
 To speed up the flow of fund.
 Quality product in minimum cost.
 To study and to analyze the various financial
statements.
 Facilitating cost and expenditure control with
appropriate data and analysis.
 Efficient and effective management of funds through
proper planning and control.

8. RESEARCH METHODOLOGY
 Understanding of the concept “Working Capital
Management”.
 What are the different ways in which the financing of
working capital is done in the company.
 A sound knowledge about cash management,
inventory management and receivables management.
 How the working capital is financed.
 And, in the end, suggestions and recommendations on
ways for better management and control of working
capital are provided.

9. The research methodology through secondary data:
 Journals
 Plant visit
 Personal discussion and interaction

10. FINDINGS
 BSP not create debtors they generally deal as ,first to
receive the cash or cheque, and then they supply the
finished material.
 They use the MMIS & SAP system to manage the overall
activity of Finance.
 Government is not having the commercial approach
regarding the implementation of taxes.
 During the study, I find that there is no huge variation
in budget decided and the actual one.

11. LIMITATIONS
 Bills of store handling contracts and freights payments are
not processed through MMIS. As a result records of these
payments are not available in the system, which makes task
tedious and hence ERP is to be implemented to resolve the
problem.
 In the BSPs there not to create debtors they generally deal
with first to receive the cash or cheque, and then they
supply the finished material.

12. SUGGESTION
 The taxation policy is to be made flexible because of
which bulkiness of the work is to be removed.
 The tendering process time is to be minimized so that
the current market price benefits if any can be availed.
 Monthly return filling is not on line process, hence sales
and excise department face problem.
 Online inventory valuation can be implemented.

13. ANY QUESTION ?

14. THANK YOU