NITTE MEENAKSHI INSTITUTE OF TECHNOLOGY

Department of Management Studies

Organization Study Report on

“KURALOANE FAB TECH PRIVATE LIMITED” at
BANGALORE
Submitted by:
Ms. DHRITI AM
USN: 1NT21BA020

Under the guidance of

Mr. PAVAN KUMAR KULKARNI
ASSISTANT PROFESSOR
Introduction Industry Profile:
The metal fabrication business, which starts with the mining of ore and minerals, creates a variety of grades of steel and
alloy materials that may be put together by welders and Laboure's using blueprints as guidance. One of the most
significant and crucial processes in the fabrication sector is the creation of the blueprints. Mechanical engineers produce
findings that drafters, architects, and employees who develop the last step in the fabrication sector transform into
drawings and sketches. Trees are first cut down by lumber cutters in the wood building fabrication sector, after which
mill operators and staff mill the wood into usable timber.

Carpenters who work in the home fabrication sector turn milled and dried lumber into homes and other structures by
following the plans and guidelines provided by architects. When creating crucial components and pieces for assembly,
other fabrication kinds, including plastic fabrication, start by combining chemicals to form a liquid plastic that is
injected into moulds.
 Company Profile:

 Kuraloane Fab Tech Private Limited was established as a private limited organization in the year 2005. With a considerable

amount of experience in this domain, our company has earned a status of being prominent of Fabricated Equipment and
Water Storage Tanks. Our range of product includes Bag Filters,

 Pressure Vessels, Airport Stacker Boxes, Crest Gates, Rake Arms, Vibratory Crushers, MS Chemical Storage Tanks, MS

Water Storage Tanks and MS Bridges. Apart from this we also offer service as Erection & Commissioning Services. Our
product designing viewpoint and philosophy embraces high quality principles that are in conformation with the industrial
specified norms and guidelines.

 Recognized for their user Friendliness, Durability, Eco-friendliness and highly Functionality. Our products have found their

large application all across the country. Our client focused approach as well as sophisticated management system ensures
timely and qualitative delivery of products to the customers
Vision & Mission of KURALOANE FAB TECH Private
Limited
 Vision
 To assist our clients by providing excellent products and services at competitive pricing so they can rule their
marketplaces. 

 To keep seeking renewal through constant learning and education, the application of new technology, and the adoption
of best practices in business. 
 To create diversified markets that provide stability and adequate financial returns so that we can realize our vision and
provide opportunity for JEWETT employees who come after them. 

 To create a welcoming, supportive, and growth-focused work environment that inspires our employees to be highly
productive and to advance both personally and professionally.
MISSION :

 Our company has marked as a good reputation in the industry by supplying desire and qualitative assortment of
Fabrication Equipment.
Our ethical business practices and transparency in dealings has enabled us in acquiring a maximum support and
trust of the clients spread all across the nation.
Such as:
 Marketing leading prices
 Cost-effective solutions
 Adroit team of professionals
 Quality-tested items
 Cost effective solutions
 Experienced professionals
 Prompt delivery.
 
 
 PRODUCT PROFILE:

MS CHEMICAL STORAGE TANKS CREST GATES MS WATER STORAGE TANKS

BAG FILTERS
MS HIGH STRUCTURES ERECTION RAKE ARMS
 McKinsey’s 7S frame works:
HARD ELEMENTS

 STRUCTURE:

Learning and forward-thinking organizations in the Kuraloane Fabrication Industry support flatter organizational
hierarchies. Employees feel more comfortable, more confident, and have better access to information when there
are fewer managerial tiers between them and more access to top leadership and management. The industry may
also make decisions more quickly as a result of the reduced hierarchy and increased employee dedication.
There are 3 Directors and 1 Signatories associated with the organization. The Key Managerial Personnel
(KMP) at Kuraloane Fab Tech Private Limited India are Veerana as CEO. Papanna Kempe Gowda, Hema
Siddaiah and Veerana Channigappa Veerana are presently associated as directors.
 STRATEGY:
All stakeholders and employees of Kuraloane Fab Tech are informed of the organization's overall business
strategy and strategic direction. As a result, the organization is better able to manage performance, supervise
initiatives, and develop various strategies that are in line with the company's goals. Roles and duties are
linked as a result of the creation and communication of the business plan, which also enhances operational
transparency for the organization.

Following are some factors, which are helpful in making us a favored choice of the clients:
 
 Market leading prices
 Quality tested products
 Cost effective solutions
 Adroit team of professionals
 State-of-the-art infrastructure
 SYSTEM:
Kuraloane Fabrication Industry has created exact procedures to ensure that business operations are carried
out successfully and that there are no conflicts or issues. The company typically uses departmental systems.
Each of the defined and demarcated systems at Kuraloane Fab Tech Private Limited Company has especially
designed tools and methods as controls for evaluating performance and goal attainment. These controls and
measures are designed specifically in different departments based on the nature of their tasks and
responsibilities. Moreover, each department also designs specific controls for members for performance
evaluation, as well as for inter-departmental tasks and responsibilities.
 SOFT ELEMENTS:

 STAFF:
Depending on the urgency and skill levels required, employees are employed both within and externally for a range of job duties
and functions. Therefore, it is evident that Kuraloane Fabrication Industry only employs people who possess the skills needed for
their roles and job responsibilities. All personnel receive internal training to help them become familiar with the business and its
guiding principles. Kuraloane Fab Tech Private Limited Company has a well-defined system for identifying potential needs of
capabilities and capacities for the organization. The human resource function of the business has a systematic process that aligns
all other departments to identify potential vacancies or skill gaps. Based on the nature of the need, the human resource
department arranges for recruitments which may be permanent or contractual in nature, as well as arranges training sessions if
need be for the current workforce.
 SKILLS:

Excellent and highly skilled employees work at Kuraloane Fabrication

Industry. After evaluating the qualities and quality of each applicant, a
hiring choice is made. The Kuraloane Fabrication Industry prides itself on
choosing the best people and supporting their development in order to
encourage growth and development.
  STYLE:
A collaborative leadership approach is used at Kuraloane Fabrication Industry. Kuraloane Fabrication
Industry adopts a participative leadership style to include and incorporate its personnel in decision-making
procedures and administrative decisions. In order to identify possible disputes and gather feedback on the
company's operations and long-term plans, the leadership is able to regularly contact with the employees
and other managerial groups in this way. Through its participative leadership, Kuraloane Fabrication
Industry is able to improve organizational ownership and engagement among both its stakeholders and its
workforce.

 
  SHARED VALUES:

The basic values of The Kuraloane Fab Tech Company are stated and shared in order to support a
progressive organizational structure that will encourage employees to work to the best of their abilities,
increase their motivation, and deepen their devotion to the company.
 Creativity
 Honesty
 Transparency
 Accountability
 Trust
 SWOC ANALYSIS:
STRENGHT WEAKNESS
 Abundance availability of Iron Ore & and other  High cost of capital

minerals of steel  Low labour productivity

 Skilled manpower and low unit labor cost  High cost of some basic inputs like coal, power,
fuel

 High social costs

 Poor quality of basic infrastructure

 Distribution network
 OPPORTUNITIES CHALLENGES
 Low per capita income  Slow industry growth

 Positive growth of Indian economy  Poor R&D and threat of technologies obsolesces in a
large part of market
 Unexplored rural market and government thrust on
infrastructure development  Substation by Aluminum, plastics.

 Low export market penetration  Recession in other countries resulting in dumping of

materials.
 FINANCIAL STATEMENT

1.Current Ratio:

Current Ratio
Year 2020 2021 2022 7
6

Current Assets 30,871, 28,346, 301,376 5

944 895 4
3
Current 21,237, 17,856, 185,620
Liabilities 944 211 2
1
Current Ratio 1.45 1.58 1.62 0
Category 1 Category 2 Category 3

Series 1 Series 2 Series 3

• INTERPRETATION: From the above calculation of current ratio the company is been increasing from year to year
and this is good for the company to move towards profit.
2. Quick Ratio:  
Year 2020 2021 2022
Quick Ratio
Quick Assets 51,82,022 5,983,305 57,293 4.5
4
3.5
Current liabilities 21,237,944 17,856,211 185,620 3
2.5
Quick Ratio 4.09 2.98 3.23 2
1.5
1
0.5
0
Category 1 Category 2 Category 3

Series 1

• INTERPRETATION: From the above calculation of the company`s Quick ratio, The quick ratio is been
decreased in the year 2021 and there is an slight increase in the year 2022.
3. Debt equity ratio:
Debt equity ratio
Year 2020 2021 2022 11

Total Debt 21,237,944 17,856, 185,620 10.5

liability 211
Total 20,00,000 20,00,0 20,00,000 10
shareholder’s 00
Equity 9.5

Debt Equity 10.62 8.93 9.28

9
Ratio

8.5

8
Category 1 Category 2 Category 3

Series 1

• INTERPRETATION: From the above calculation of the Debt equity ratio, The debt
equity ratio is been decreased in the year 2021 and there is been increased in the
year 2022.
 4. TURNOVER RATIO:   Turnover ratio
2
Year 2020 2021 2022 1.8
1.6
1.4
Revenue 46,762,228 297,176 538,757 1.2
1
Total Assets 30,871,944 28,346,895 301,376 0.8
0.6
0.4
Turnover 1.51 1.10 1.78 0.2
Ratio 0
Category 1 Category 2 Category 3

Series 1

• Interpretation: From the above calculation of the Turnover

ratio, The Turnover ratio is been decreased in the year 2021
and there is drastic increase in the year 2022.
 
 Gross profit ratio
1

0.98

5. GROSS PROFIT RATIO: 0.96

0.94
Year 2020 2021 202 0.92
2
Net 46,762,228 297,176 538,7 0.9
Sales 57
0.88
COGS 290,913 29,137 2,763
0.86
GPR 0.99 0.90 0.99
0.84
Category 1 Category 2 Category 3

Series 1

• Interpretation: The Gross Profit Ratio of Kuraloane Fab Tech Private

Limited is seen to be decreased in the year 2021 and high increase in
the year 2022.
6. Absolute Liquid Ratio:  
Absolute liquid ratio
Year 2020 2021 2022 0.9
0.8
Cash and 51,82,021 59,833 57,293
Cash 0.7
0.6
Equivalents
0.5
Market 1,16,228 71,501 89,759 0.4
Securities 0.3
Current 2,12,37,865 1,78,5 1,85,620 0.2
Liability 62
0.1
Absolute 0.25 0.74 0.79 0
Liquid Category 1 Category 2 Category 3
  Ratio Series 1
Interpretation: The Gross Profit Ratio of Kuraloane Fab Tech Private Limited is seen to be stable from
year 2021 and 2022.
LEARNING EXPERIENCE :
Organization study on Kuraloane Fab Tech Pvt Ltd provided me a good opportunity to know about the
Organization structure that how the company works. As I have collected the source from the secondary data
where I have gained the knowledge of theories, concepts, and about various kind of products of this company.
This Organization study has helped me to make study of the company and the activities in each section to
acquire knowledge in this field. This study has given me a great benefit for the future career. I came to know
how the organization structure works in the company and what and all the employee’s duties are done and
about the industry and how they make strategy and how the SWOC is analyzed and more about the 7s model. I
learned how the organization goals are achieved. I had an great experience to conclude this study with the
good note on learning the management concepts, Strategies and detailed Organization Structure Study.
Thank You