09-02-2013, 09:57 AM
RATIO ANALYSIS OF HAVELLS ELECTRICALS LTD
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I N T R O D U C T I O N
Transformer is an electrical device in which energy is transformed from one circuit to another circuit without change in frequency by mutual induction.
Transformers are classified into broad categories and classification according to Rating, Core, Cooling, Voltage class. For our understanding, we consider only two types of transformers.
1) Step-up Transformer and
2) Step-down Transformer
Step-up Transformer: If the secondary voltage is more than the primary voltage, it is called step-up Transformer.
Step-down Transformer: If the secondary voltage is less than the primary voltage, it is called step-down transformer.
Transformers are among the most efficient machines 95% efficiency being common in lower capacity ranges, while an effeciency of the order of 99%is achievable in high capacity; transport constraints, handling facilities, etc. being the limiting factors. The lower limit is governed by the allowable no-load loss.
LIMITATIONS OF THE STUDY
The study has been conducted in a systematic and comprehensive way so as to make the project work an enviable one. However, the topic under study may not be free from limitations due to the facts.
The major limitation of the project under study was time. Since it was to be completed within a short period of time. Which is not sufficient to undertake a comprehensive study.
Non-availability of complete information is also a limit.
Company Profile:
The Company was established in the year 1960 for the design and manufacture of Distribution and Power Transformers. Catering to the needs of Electricity Boards and Private Enterprises within the country, the company became very soon one of the leading manufacturers of Transformers in the country. Its world class design supplemented by State-of-the-art technology, established and managed professionally with robust quality systems and modern manufacturing and testing facilities, the company embarked on ventures of export to foreign countries and today the organization exports 60% of its turnover to many countries.
In its manifold stages of growth, the early breakthrough was made when the company bagged a massive order for the supply of Distribution Transformers from Andhra Pradesh State Electricity Board. Following this, newer approaches to achieve higher standards of Product Quality, enhanced Productivity were adopted in quick succession with bright prospects for higher growth and progress. Most modern additional facilities were added for design and manufacture, supported by well-established systems and Hi-tech practices in all the functions across the entire organisation, and the performance reached newer heights.
The Company embarked on a new venture to manufacture Single Phase Wound Core Transformers and today the company has admirably credited itself with being the sole manufacturer in the country, carving out a niche for itself in the design and manufacture of Single Phase Wound Core Transformers in the world.
QUALITY
The Company has well-established Quality systems to ensure quality at all stages and in all functions in a climate of Total Quality Work Culture, where participation by everyone reigns supreme. Quality is a watchword across the entire organisation and has proved to be a corner stone for the Company’s sustained growth and success.
The three major Plants of the Company have their independent ISO 9001 certification and have been successfully passing through the certification of Surveillance and renewal audits since the year 1994. Achieving Customer Satisfaction is the quality policy of the company and to this end the company has been adopting progressive measures visualising quality as a key strategy to stay competitive in the business.
HISTORY OF HAVELLS ELECTRICALS LTD.
Havells Electricals Limited (HEL) was promoted by Shri D.J.Ramesh, Chairman & Managing Director, a first generation technocrat in 1960
, as a small-scale unit to manufacture transformers, immediately after completion of his Master of Technology in Transformer Design. The unit was started as a proprietary concern under the technocrat scheme of State Bank of India with an initial capital investment of Rs 1.30 lacs. It was converted into a company form of organisation as a Private Limited Company in 1980 and subsequently became a public company in 1992.
In its saga of 30 years, it has crossed several mile stones and introduced several new technologies to the Power Distribution Systems in the country and in the process of its pioneering efforts, it has established it’s presence felt in the form of Completely Self-Protected (CSP) Transformers, Single Phase Transformers, Cast Resin Transformers, Amorphous Core Transformers, etc. Its energy efficient Amorphous Core Transformer is a class by itself as it saves 75% of “No-Load Losses” in a transformer which constitute a major factor in the distribution losses and this is what is desired by the Governments at Central and State levels. For its contribution in the field, quality of the products and revenues to the exchequer it has been bestowed with several awards at the State and National levels, the details of which are given in an Annexure.