Financial Report of Luminous Engineering

LUMINOUS ENGG. & TECH. SERVICE PVT.
LTD
LOVELY PROFESSIONAL UNIVERSITY
DEPARTMENT OF MANAGEMENT
REPORT OF SUMMER TRAINING
ON
FINANCIAL STATEMENT
SUBMITTED TO
SUBMITTED BY
Megha Singh
REG NO: 11006957
UNDER THE GUIDANCE OF
Mr. Rajesh Negi (Sr. Manager, F& A)
Lovely professional university Page 1

LUMINOUS ENGG. & TECH. SERVICE PVT. LTD
Table of contents
Chapter titles page no.
1 Declaration 3
2 Acknowledgement 4
3 Preface 5
4 EXECUTIVE SUMMARY 6-7
5 OBJECTIVE OF THE PROJECT 8
6 Company profile 9-14
7 Swot analysis 15 - 16
8 History of the company 17- 20
9 Management Team 21- 22
10 Detail About the Company 23-33
11 Main Product of the company 34- 49
12 Awards 50
13 RESEARCH METHODOLOGY 51- 53
14 Financial statement 54
15 Introduction 55- 56
16 annual report 58- 59
17 Financial statement analysis 60-64
18 Data Analysis 65-72
19 Data interpretation 73 -77
19 Conclusion and Recommendation 78-80
20 limitation 81
21 Literature review 82-84
22 BIBLIOGRAPHY 85

DECLARATION
I, MEGHA SINGH undersigned, a student, LOVELY PROFESSIONAL UNIVERSITY,

JALANDHAR, declare that project report titled Financial Statement submitted in
partial fulfillment of the requirement for the prestigious degree of Bachelor of Business
Administration. The project duration was from 11th June 2012 to 25nd July 2012.
This is my original work and has not been submitted as part of another degree or diploma of
other business school or university.
The findings and conclusions of this report are based on my personal study and experience
during the tenure of my summer internship.
Name: MEGHA SINGH
JALANDHAR
Signature: Megha Singh
Date: 25nd July 2012
Place: LUMINOUS (DELHI)

ACKNOWLEDGEMENT
I would like to extend my gratitude to Mr. Rajesh Negi (Sr. Manager, F& A in Luminous)
for giving me opportunity to work in such an important sphere and sharing his vision and
experience. He provides me the opportunity to learn and complete my Summer Internship in
this esteemed organization.
I also take the opportunity to thanks LOVELY PROFESSIONAL UNIVERSITY for the
guidance and invaluable inputs in the development of the project and in terms of managing
the real time issues that we faced in the corporate world.
Last, but not the least I would like to extend my thanks to all the employees at finance
department, my family and friends for their cooperation, valuable information and feedback
during my project.
MEGHA SINGH
Lovely Professional University
Jalandhar

PREFACE
I have been completed summer training in luminous engg. and technology pvt. ltd. With the
summer training in this company, I hope to reach a much wider section of the financial report
and annual report in this industry.
This financial statement helps us to improve our sells and marketing. We can decide our
profit of loss and further improvement in the industry.
I will be grateful to LUMINOUS for giving me the opportunity to be part of this repudiated
organization and help me throughout in understanding some of the important facts concerned
with this prestigious institution.
During the training Mr. Sumanta Prasad and Rajesh Negi which helped me in the formulation
technique. I am grateful to them for their keen interest in my project.

EXECUTIVE SUMMARY
A financial statement is a formal record of the financial activities of a business, person, or

other entity. Financial statements are records that provide an indication of an individuals,
organizations, or business financial status. Income financial statements present information
concerning the revenue earned by a company in a specified time period. Income statements
also show the companys expenses in attaining the income and shareholder earnings per
share. Financial statement analysis involves careful selection of data from financial
statements for the primary purpose of forecasting the financial health of the company. This is
accomplished by examining trends in key financial data, comparing financial data across
companies, and analyzing key financial ratios.
This project explains in detail the concept of financial statement of the

company and how it is operated in an organization. Various ratio analyses have been taken
out on the basis of data provided so as to find out the trends of financial statement in the
Luminous Engg. & Tech. Service Pvt. Ltd. There is the brief study of the LUMINOUS
Inverter Company. In order to draw conclusion about the Financial position of the company,
the present financial statement of the company should be compare with the previous one.
Every company have their Summary of revenues, expenses and net income (or net loss) of a
firm. Their income and balance sheet are used to know the position of the company in an
accounting period.
LETS is a mutidisplinary design engineered and

geometrics service provider. LETS has been supporting its customers globally for more than
15 years and is one of the most cost effective and reliable services provider in the area of
design engineering and geospatial knowledge process with presence in three continents.
Engineering services includes complete design, drafting and detailing in the field of green
energy, land development, structural, architectural, transportation, oil & gas and MEP
engineering. Our energy, water, land, building and infrastructure group is highly experienced
in code based engineering designing and drafting in multiple developed and developing
countries worldwide.
Geometrics service includes urban mapping solution, utility information system, land
information system, land cadastral mapping , topographic mapping and surface modeling,
forestry mapping, geological mapping and flood mapping. LETS also provides data
processing, quality control and data modeling services with the help of our very qualified and
experienced consortium member worldwide.
Telecom and wireless group at LETS has extensive experience in the area of construction
engineering and design (A&E services) for wireless and telecom sites and tower for major
carries across the globe. LETS have ability to provide cost- effective services that are
scalable for the entire telecom and wireless engineering and they construct life-cycle to
provide the clients the strength for their fast and optimized growth.
The company financial position provide the cost effective methods. Though,
this company will able to know the profit of and growth of the company and can easily know
their future budgets and profit margins.

OBJECTIVE OF THE PROJECT

To understand the concept of FINANCAIL SATATEMENT.
To understand the techniques and processes of preparation of FINANCAIL

STATEMENT at LUMINOUS.
To analyze the effectiveness and efficiency of the existing financial position to

Control system.
To compare the working capital position of luminous with other players in the
market.
To find out areas of weakness, if any.

Luminous
Engineering &
Technology Services
(LETS)

Company profile
Evolve > Enable > Excel

AN OVERVIEW OF THE COMPANY

Luminous Engineering & Technology Services (LETS), an ISO-9001 certified, is a decade
young vibrant organization providing solution in the domains of engineering services, GIS,
software consulting & development to diverse worldwide clients. LETS is providing
comprehensive professional consultancy services for all facets of planning, preliminary and
detailed engineering design, GIS & IT projects. LETS has emerged as a fore-runner in
offering technically sound and cost effective solutions, which have received client
appreciation and satisfaction.
With a team of about 140+ experienced engineers/GIS &

software professionals, LETS, constantly strives to offer value to clients in the form of
domain expertise, technical knowledge and process orientation.
This arm of the use 45 million LETS of companies has expertise in:
Setting up of resource centers.

Providing high- end engineering services (land development, transportation,
architectural, publics works, process engineering).
Providing end to end GIS application & data conversion services.
Providing comprehensive CAD related digital data creation
Developing GIS software solution, GIS application customization and product,
maintenance & support and it enable services.
LETS is a rapidly evolving information technology
company that provide back office engineering services, application development and
software consulting in the GIS domain to clients across the world.
Luminous Power Technologies (P) Limited, today a leading company delivering high quality
power products for home and commercial applications. Luminous Engineering & Technology
Services Private Limited, pronounced "Luminous ETS" is a rising organization providing
solutions in the domains of Multidisciplinary Engineering Design & Geometrics Services to
global market. It is one of the fastest growing Engineering Services off-shoring vendors in
India. Luminous ETS is a part of SAR Group. The company's group portfolio includes
Power Backup, Industrial Batteries, Renewable & Alternate Energy solutions like Solar,

Wind & Hybrid solutions, Infrastructure Solutions for IT & Telecom, Diesels Generator Sets
and Home Electrical Products.
Luminous, apart from its dominating position in the domestic market, has a strong foothold
worldwide. Luminous has been consistently winning awards & accolades for market
leadership and product reliability in domestic as well as international area. With over 3000
employees, 8 manufacturing units in India and 1 manufacturing unit in China, 28 sales offices
and more than 25000 channel partners, Luminous is strongly moving towards realizing its
vision to be a globally admired corporation in the field of packaged power, distributed power
generation, energy optimization & home electrical products.
Luminous, known for its excellent after sales service, now goes a step ahead in winning your
trust by providing a special post warranty service for inverters, batteries, and UPS and water
purifiers. This initiative ensures a complete peace of mind for our customers and takes care of
all product related worries during and after the warranty period. It's just another way of
telling our customers that 'we care'.
Luminous offers a world class range of inverters and long backup UPS which have seen the
light of the day only after going through extensive research and development worth millions
of dollars. Our undiluted focus on the dynamic power requirements of the customer has
driven us to continuously innovate and come out with technologies which have become a
benchmark for the whole industry and resulted in products offering great value to the
consumer, no doubt we are the leaders in the domestic market and strive to be a prominent
international player in the segment.
The PV modules offered by Luminous are specially designed to meet the requirements of the
market and are available in various ranges from 3W to 255W using well proven and field
tested technology of crystalline silicon solar cells. These high quality and high

performance modules are suitable for power

generation and tested visually, mechanically and electrically according to the standard test
conditions applicable worldwide.
Luminous Power Technologies is in an aggressive expansion mode with the latest offering
being DG Sets. This state of the art residential DG Sets will make sure that your family will
enjoy life uninterrupted while at home or away.
Luminous policies direct at Customer end - response within 24 hours. Dealer / Distributor
level Service - Based on Pre Journey Plan

Batteries
Inverters
UPS system
luminous DG system
Package
power system
Solar PV
modules
Electrical

weekness
threats
swot oppertunity
analysis
strengths
Swot analysis
Opportunity
As There is many subsidiary of the luminous industry so its help in the

growth of the company in coming year
There are rapid Growing international and domestic markets.
The Retain customers by quality supplies and timely deliveries of the product.
The company has Product diversification. There is lot of scope for
diversification into other products
The company having High investment in infrastructure sector

Strengths
The company has easy availability of raw materials and other
inputs for their production.
Strong supply chain in the market
They have Well-established linkages with buyers with domestic
and international
Company having Low cost, high skilled labour for their
production and growth.
They have huge institutional support for technical services,
designing, manpower development and marketing.
Use of modern technology.
Threats
There are High duties and taxes from the government which may cause slow
in the growth of the company.
Global slowdown in the economic
Fast changing in the technology

As much company was in this field of power and technology so it has hard
competition to be in market.
Weakness
Because of the many competitors in this field, its growth for new product makes their
production low.
The company is not properly stabilized in the many states.
unfamiliar rural markets

History of the company

Company was founded in 1988 by Mr. Rakesh Malhotra, the SAR Group is a Delhi based
group of companies which started with the marketing and distribution of DB UPS and
Standard Batteries. SAR has also handled the distribution of Lubricants for some time.
1992- Direct Sales of Luminous Inverters.

1994- Luminous Inverter Channel Sales initiated.
Luminous UPS Launched.
1997- Sar Softech Pvt. Ltd. is established.
Sar Adventure Tourism & Holidays Pvt. Ltd. is established.
1998- Luminous Inverter Channel Sales Delhi NCR.
1999- Luminous Inverter Channel - North India.
2002- Luminous Inverter Channel - National Penetration initiated.
Luminous LPG Geysers Launched.
Tez Inverters Launched.
2003- Luminous Inverter National Reach through 100 plus distributors and 4000
plus resellers and growing.
Luminous Electric Storage Geysers Launched: February 2003.
India's First Zero Pollution Inverter Launched - Luminous Bi2 Zero P: May 2003
Luminous Tiranga Inverters Launched: July 2003
Luminous Water Purifiers (UV and RO) Launched in Delhi & NCR.
Luminous LPG Geysers Launched: November 2003
Luminous Emergency Light Launched: November 2003
2004- Tez LPG Geyser Launched: January 2004

Luminous Eagle Picher Technology Tie-Up: Feb 2004
Luminous Coolers Launched: March 2004
Tez Coolers Launched: March 2004
Luminous EaglePicher Batteries Launched: April 2004

Luminous iON Inverter Launched:August 2004
2005- Luminous Minimax Inverter Launched: February 2005

Luminous Crystal RO Water Purifier Launched: March 2005
Luminous Home UPS Launched: May 2005
Luminous Sinewave Inverters Launched: May 2005
Mr. Rakesh Malhotra,CEO
Rakesh Malhotra, Founder and CEO, Luminous Power Technologies said: "The Indian
consumer is always looking for value for money products and so without compromising with
the quality and performance, we still provide easy-on-pocket products to our customers.

Vision and mission

Vision
We want to be among the top engineering design support services companies in India in the
next few years, providing quality engineering services to a global customer base in our
chosen domains. To be a global leader in the field of Packaged Energy, Power Products,
Distributed Power Generation and Environment friendly new Technologies.
Mission
To deliver superior products at competitive prices
to worldwide customers and superior financial
performance to our stake holders by constant
innovation in technology and constant
improvement in operational efficiency.
Quality Policy / Processes
Luminous ETS shall strive to delight customers for the global market by providing on time,
efficient and cost effective Information Technology enabled engineering services and
software products through total involvement of its people, continual improvement of
processes and using cutting edge technology.
Objective
To work with the dynamic goal oriented organization. The knowledged and skilled persons
will provide with an opportunity to contribute as a part of the high performance team. and to
give customers a good quality of services.

Corporate Philosophy
We will constantly listen and respond to our Employees, End Customers, Channel
Partners and Suppliers.
All our products and processes will be
associated to meet the end customer needs.
We will constantly improve the quality of
our products and services.
We will be a lean and flexible organization
that quickly and correctly responds to
business opportunities.
All our employees, suppliers and channel
partners must make a measurable, positive
contribution towards the success of our business.
All aspects of our business will be quantified and performance measurement will be
directly linked to business decisions, compensation and rewards.
We will create a work environment where employees are encouraged and rewarded
for innovation and continuous improvement.

Management Team
Rakesh Malhotra - Founder
Mr. Malhotra, is the promoter of LETS. Mr. Malhotra is an Electronics Engineer by

profession and has close to 30 years of experience in business and business management,
including being the promoter of the Luminous Group. Mr. Malhotra has oversight of the
overall growth and progress of the company and actively participating in the overseas
marketing and strategic tie-up activities.
Swarup Chakrabarti - CEO & Director
Mr. Chakrabarti is a Mechanical Engineer by profession with more than 18 years experience
in the GIS and Engineering services business. He has worked in large companies like L&T
including a time of 3 years spent in the USA in managing business development and projects.
Mr. Chakrabarti is the overall head of all day-to-day activities in operations and business
development.
Dr. Prabhudatta Mohapatra - CEO, LETS Inc.
Dr. Mohapatra is an Environmental Scientist by profession and has about 25 years of

experience in managing business and business operations. Dr. Mohapatra is the head of the
LETS operations in USA and leads all efforts in client engagement, business development
and local administration.
Manjit Sandhu - VP, Strategic Alliances and JV
Mr. Sandhu is a Civil Engineer from IIT with an MBA from IIM Bangalore and has been
settled in the USA for the last 28 years. He has held several senior managerial positions with
corporations like L&T and Eicher and is engaged as an advisor on strategic alliances and JVs
for the North American market.
Raja Mohanty - Sr. VP, Operations

Raja is an MBA with close to 20 years of diverse experience in various fields including
several different roles relating to HR and Administration. He has been associated with the
group for close to 10 years.
Kishore Das - VP, Operations
Kishore is a qualified Company Secretary with close to 20 years of diverse experience in

various fields including project execution in Remote locations. He has been associated with
the group for close to 6 years.
K. Sreenivas - VP, Quality and Process Engineering
Sreenivas is a Graduate Mechanical Engineer with a Masters in Industrial Engineering with

over 23 years experience in Quality and Process Engineering. He has spent about 10 years in
various roles in manufacturing operations and then spent about 13 years in GIS and
Engineering Services companies including InfoTech Enterprises and Avionics.
A. Ramgopal Raju - General Manager, GIS
Ram Gopal has a Master of Technology in Remote Sensing & GIS (Spatial Information
Technology) from JNTU, Hyderabad and has about 12 years of working experience in
various roles in the field of GIS and Remote Sensing. Ramgopal manages the Quality and
Support for all GIS projects in LETS.
Kapil Sharma - General Manager, Business Development
A Senior Executive, (MBA in Sales) with over 13 years of International and domestic
experience in International sales management and business development in the high tech
ITES industry. Strategic thinker with excellent problem solving, client handling and people
management skills in cross cultural/global environments. HE is Responsible for "Geospatial
and Telecom A&E services" in Americas.

Detail About the Company
Luminous Power Technologies Pvt Ltd. - Alternative Energy - Deals and Alliances Profile -
Luminous Power Technologies (P) Limited (Luminous Power) is an Indian company
delivering high quality power products for home and commercial applications. Its business
line includes products and services in telecom infrastructure & renewable energy systems like
solar, wind and hybrid solutions. The company's portfolio comprises Power Backup, Power
Storage, Distributed Power Generation, Renewable & Alternate Energy solutions and
Physical infrastructure solutions for IT & Telecom, Engineering Design & Support services,
Plug-in Hybrid Electric Vehicles and mobile phones & accessories. It also focuses on
technology development on the areas such as power electronics, batteries and stored energy,
packaged power and renewable energy system.
The company's Enterprise Business Group (EBG)

provides complete solution in enterprise-wide power & connectivity solutions to corporate
offices, telecommunication service providers, data centers, health care centers and process
industries. Its Global Technology Centers located in India, United States & China deliver
high technology products following its proprietary UGC (Universal Grid Compatibility)
process. The company's client list comprises Indian corporations, telecommunication,
banking and finance, it and software, press and media companies, government organizations,
medical and diagnostics institutions and engineering and projects sector. It operates
domestically and internationally in 32 countries worldwide. The company has production
facilities for batteries, inverters, tubular battery and telecom infrastructure, available in India
and China. Luminous Power is headquartered in New Delhi, India.

Luminous Power received Frost & Sullivan Industry Technological Leadership Award
for Market penetration in DC-AC Inverters in Non Renewable Energy markets in Asia
Pacific.
Luminous Power Technologies Pvt Ltd. - Alternative Energy - Deals

and Alliances Profile provides you comprehensive data and trend analysis of the company's
mergers and acquisitions (M&As), partnerships and financings. The report provides detailed
information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture
Financing and Partnership transactions recorded by the company over a five year period. The
report offers detailed comparative data on the number of deals and their value categorized
into deal types, sub-sector and regions. Global Data derived the data presented in this report
from proprietary in-house, alternative energy track deals database, and primary and
secondary research.

Scope
Financial Deals - Analysis of the company's financial deals including Mergers and
Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and
Partnerships.
Deals by Year - Chart and table displaying information encompassing the number of
deals and value reported by the company by year, for a five year period.
Deals by Type - Chart and table depicting information including the number of deals
and value reported by the company by type such as Mergers and Acquisitions,
Equity/Debt Offering etc.
Deals by Region - presenting information on the number of deals and value reported
by the company by region, which includes North America, Europe, Asia Pacific, the
Middle East and Africa and South and Central America.
Deals by Sub-sector - showing information on the number of deals and value
reported by the company, by sub-sector.
Major Deals - Information on the company's major financial deals. Each such deal
has a brief summary, deal type, deal rationale; and deal financials and target
Company's (major public companies) key financial metrics and ratios.
Business Description - A brief description of the company's operations.
Key Employees - A list of the key executives of the company.
Important Locations and Subsidiaries - A list and contact details of key centers of
operation and subsidiaries of the company.
Key Competitors - A list of the key competitors of the company.
Key Recent Developments - A brief on recent news about the company.

Some of the major satisfied Clients
INDIAN CORPORATIONS
ESCORTS
TATA STEEL
TELCO
Jindal strips limited
L&T
HERO HONDA
THERMAX
LG Electronics
Maruti udyog limited
TELECOMMUNICATION COMPANIES
MTNL
BSNL
BHARTI AIRTEL
Reliance
Tata Tele-services
HFCL
ORG Telecom
BANKING AND FINANCE COMPANIES

RESERVE BANK OF INDIA
AMERICAN EXPRESS
CITI BANK
BANK OF AMERICA
ABN AMRO BANK
CANARA BANK
STANDARD CHARTERD BANK
CENTRAL BANK OF INDIA
B ANK OF INDIA
PUNJAB NATIONAL BANK
CITI FINANCIAL
IT AND SOFTWARE COMPANIES

IBM
Wipro
HCL Info Systems
Tata Consultancy Services
STPI
Cadence
Perot System
Aricent software
Mentor graphics
Sapient
Delsoft

Satyam Computers
daksh.com
naukri.com
Dilithium Software
Progressive InfoTech
CMS Computers
Competent Software
Scicom InfoTech
Sequence Design
Interra Software
Ramtech
I-Gate
GOVERNMENT ORGANISATIONS
Directorate of Income Tax

Department of Telecommunications
National Airport Authority of In
IMD
Indian Navy
Hindustan Aeronautical Limited
Power Finance Corporation of In
Indian Oil Corporation
Indian Railway
Metro Railway
Centre for Rail Information Systems
Customs and Central Excise
Hindustan Pre Fab
Delhi State Industrial Development
Corporation
Delhi Tourism & Transportation
Development Corporation
Army Headquarters
Bharat Petroleum Corporation
National Informatics Centre
ONGC
PRESS AND MEDIA COMPANIES
Prasar Bharti
Times of India
The Pioneer
Indian Express
India Today
Business Today
New Delhi Television

TV Today
CNBC India
Thomson Press
Amar Ujala
CNN - IBN
HOTELS AND AIRLINES
The Oberoi
Hyatt Regency
ITC Welcome Group of Hotels
AIR India
Lufthansa
KLM Dutch Royal Airlines
Jet Airways
Sahara Airlines
Interglobe
Royal Palms
MULTI-NATIONAL CORPORATIONS
GE
CocaCola
Phillips
Rolls Royce
Avery Dennison
Colliers Jar dine
GAP International
Cushman Wakefield
Associated Merchandising Corporation
Samsung
ICI Limited
ITC Limited
Cargill Foods
Whirlpool

Becton & Dickinson
MEDICAL AND DIAGNOSTIC
Escorts Heart
National Heart & Lung Institute
MRI Scan Centre
Indian Spinal Injuries Centre
Wipro GE Medical Systems
SIEMENS
Hemlata Hospital
Fortis Healthcare
Shimadzu
Johnson & Johnson
Advance Medicare Research Institute
Jessaram Hospital
ENGINEERING AND PROJECTS

Himachal Pradesh State Electricity Board
Power Grid Corporation of India
National Hydro Power Corporation
SIEMENS
Allen Bradley
Alstom
ABB
EIL
TATA Honeywell
DS Constructions
Sterling & Wilson

Location of company
Luminous Power Technologies Pvt. Ltd.
Corporate Office:
C 8 & C 9 Community Center
Behind Janak Cinema Complex, Janakpuri
New Delhi 110058
Manufacturing Facilities:
Lead Acid Battery /Tubular Battery/ VRLA Batteries
Luminous Power Technologies Pvt. Ltd (Unit-I)
Village-Ramnagar, P.O. Gagret,
Tehsil-Amb, Distt.-Una (H.P.)
Luminous Power Technologies Pvt. Ltd. (Unit-II):

Plot No. 3, 3-A & 4, Industrial Area,
Gagret, Tehsil-Amb,
Distt- Una, Himachal Pradesh
Luminous Power Technologies Pvt. Ltd. (Unit-III):

Dev Nagar, P.O. Gagret, Tehsil-Amb,
Distt.- Una (H.P.)
Power Electronics:
Luminous Power Technologies (P) Limited
Village Malpur, P.O. Bhud, Baddi, Tehsil Nalagarh
Himachal Pradesh 173205

Branches
Punjab (Kapurthala)
Rajasthan(Jaipur)
Jammu & Kashmir(Jammu)
Assam(Guwahati)
Uttar Pradesh(Ghaziabad)
Lucknow
Uttarakhand(Dehradun)
Haryana(Sonepat)
Gurgaon
Maharashtra(Pune)
Gujrat(Ahmedabad)
Bihar(Patna)
Jharkhand(Ranchi)
Chattisgarh(Raipur)
Chandigarh
Madhya Pradesh(Indore)
West Bengal(Kolkatta)
Karnataka(Bangalore, Mangalore)
Tamilnadu(Chennai, Coimbatore, Madurai, Trichy)
Orissa(Bhubaneswar)

Policies
Luminous Power Technologies Pvt. Ltd. renders the following category of service across the
country:
Category - 1: Direct at Customer end - response with in 24 Hrs
Category - 2: Dealer / Distributor level Service - Based on Pre Journey Plan.
The company or its authorised Service Center/Service Franchisee

reserves the right to retain any faulty part(s) or component(s) which
replacement has been provided, in the event of a defect being
noticed in the equipment during the warranty period.
Warranty does not cover accessories external to the equipment
supplied by the dealer.
Any shifting of Equipment from one premise to another should be
carried out by Authorised Sale & Service Distributor / Dealer only.
The original purchaser must notify in writing, within 10 days, such
change of address of installation to LUMINOUS Customer Care
Center.
The company's obligation under this warranty shall be limited to
repairing or providing replacement of part/s, which are found to be
detective.
Additionally avail hassle free services by logging at: 011-4500700,
1860 500 3939 , 1800 11 3535.
Product registration with Company is mandatory for warranty
service support. Repairs or replacements will be carried out either
by the dealer / distributor from whom the set has been purchased or
through a Company Service Center or the Authorised Service
Franchisee.
Photocopy of Purchase Invoice & Original warranty card duly
filled is required at the time of repair / Replacement.

THE WARRANTY IS NOT APPLICABLE IN ANY

OF THE FOLLOWING CASES:
The warranty card is not duly filled and mailed back to the service
center for registration by the purchaser.
The completed warranty card is not presented to authorised
personnel at the time of repair.
The product is not used according to instructions given in the user's
manual.
Defects caused by improper use as determined by the company
personnel.
Modification or alteration of any nature is made in the electrical
wiring or in the equipment.
Installation/ repair work is carried out by persons/agency other than
authorised by the company.
Site (premises where the product is kept) conditions that do not
conform to the recommended operating conditions of the
equipment.
The original serial number is removed, obliterated or altered from
the equipment.
Defects due to cause beyond control like lightning, abnormal
voltage, acts of God or while in transit to service center or
purchaser's residence.

Main Product of the company

The product the luminous are:-
Batteries
Inverters
UPS system
DG system
Package power system
Solar PV modules
Electrical
Batteries
Batteries have become an essential part of our daily life as they

are the power source of the Inverters and Long Back up UPS
that keep our appliances running. In a very short span of time,
Luminous has grown manifold in its endeavour to produce
world class batteries specially designed for inverters/long back
up UPS systems.
Luminous with its unmatched expertise in power electronics
field combined with world class battery manufacturing
technology has come up with batteries specially designed for
long back up applications. These batteries are superior in
quality delivering longer back up.
The conventional batteries pose a serious threat to the human body due to the dangerous
chemicals that get discharged from them. That is why we at luminous spend millions of
dollars on the research and development of innovative and green technological practices to
come out with batteries that not only deliver optimum performance but are very healthy to be
used in households and offices.
Luminous batteries are specially designed to perform consistently, have a very long life and
are highly reliable. These are perfect for a wide range of applications.
Some of the specialties of Luminous Batteries include
Extreme compatibility with your Inverter and UPS Systems

Provide very high performance under extremely adverse conditions
Especially designed to keep leakage and corrosion at bay
Deep Discharge and Overcharge Protection
Beautifully designed exteriors
Protection Against accidental short-circuit of cells
Special composition
Unparallel charge acceptance and handling

Flat Plate Deep Cycle Battery
Flooded Lead Acid batteries are the most

common batteries used in energy systems
because of their price, local availability, and
ease of recycling. A properly maintained lead
acid cell will last about five years. This type of
battery will deliver about 1000 full charge-
discharge cycles.
Features:
Extra thick plates ensure long life

Special alloy used very low maintenance
Inter partition connection-good voltage profile on discharge
Sleek appearance in sealed plastic housing
Good charge acceptance suitable for frequent power cuts
Level indicators aid easy maintenance
Application:
These batteries are best suitable for high ambient temperature and partial state
of charge usage, they are used in various applications like domestic inverters,
off grid solar photo voltaic system, home lighting systems, alarm systems,
signaling equipments and remote telecom units.
Tubular Battery
In a very short time, Luminous has established its integrity and won many hearts across India.
With
an unquenched thirst for perfection and a resolute commitment to quality, we continue to
make forays in technology, creating innovative and efficient products that bear the mark of
reliability and excellence. With a decade of experience in manufacturing batteries, we
proudly present our range of Tubular Batteries - a remarkable product with incredible
possibilities that enhance the quality of life.
Now say goodbye to the inconvenience of long power cuts, thanks to the new range of
Tubular Batteries from Luminous. These long-lasting batteries carry attractive warranty
features and are extremely affordable. They are just the beginning of a series of beneficial
Tubular Battery innovations from the house of Luminous.

LUMINOUS TUBULAR BATTERIES: VERSATILE APPLICATIONS

UPS Systems, Telecommunication Systems, Office Automation Equipment, Fire Alarm
Security Systems, Electronic PABX Systems, Cable TV Equipment, Electronic Attendance,
Cash Registers, Process Instrumentation & Control, Power Plants & Substations, Cellular
Phones & Pagers and PCO Monitors.
Solar battery
Luminous has launched its solar flooded tubular monobloc batteries designed to offer
reliable, consistent and low maintenance power for renewable energy requirements. These
batteries can be subject to deep cycle applications and minimum maintenance in rural and
power deficit areas. The batteries have a capacity to withstand partial state of charge (PSOC)
operation. These monobloc batteries are available in 12 Volts from 20Ah to 200 Ah @ C10 at
27C to 1.80 vpc.
These solar batteries have been developed keeping in mind the various parameters peculiar to
India by a team of scientist and engineers at a R&D facility dedicated to electrochemical
research at our works in Gagret, Himachal Pradesh.
Luminous decided to develop these solar batteries keeping in mind the increased awareness
and public spending in the field of new and renewable energy for applications in household
lighting, street lighting and in rural and urban cellular telecom installations. We expect a
significant shift in the telecom industry towards use on non-conventional energy due to
increased operational expenses. Increased government incentives and subsidies will, in the
next couple years, lead to increased spending by governmental agencies in the new and
renewable energy.
Our batteries are designed to give long life in cyclic operations and extremely long intervals
in topping up and even total freedom from maintenance. Our batteries can be adapted to use
auto-fill systems and air agitation systems for faster charging and avoidance of acid
stratification in standby cells. For outdoor applications, we offer batteries in IP55 enclosures.
While, our batteries are approved by MNRE, Luminous continues to experiment with new
and improved alloys and manufacturing technologies to enhance the life of our solar batteries,
reduce topping up, etc.
Sealed Maintenance Free/VRLA Batteries
Luminous Sealed Maintenance Free (SMF)

Batteries are designed to offer reliable, consistent and low
maintenance power for UPS applications. These batteries
can be subject to deep cycle applications and minimum
maintenance in rural and power deficit areas. These
batteries are available in 12 Volts from 7.5Ah to 200 Ah

@ C20 at 27C to 1.75 vpc.
In today's information age, one cannot ignore the need for battery systems designed to save
vital information and data and run critical instrumentations for desired durations. Batteries
are required to deliver instant power. Unreliable and inferior batteries can result in the loss of
data and equipment shutdowns that can cost companies considerable financial losses.
Therefore, the UPS segments calls for the use of a reliable and proven battery system.
Luminous SMF batteries have been developed by a team of scientist and engineers at a R&D
facility dedicated to electrochemical research at our works in Gagret, Himachal Pradesh,
India.
Traction Battery(Motive Batteries)
New range of traction batteries from Luminous have seen the light of the day after going
through rigorous R&D and multiple successful test runs. These
batteries are custom made to be used in forklifts, electric golf carts, riding floor scrubbers and
other electric vehicles. Luminous Traction batteries are designed to be routinely used all day
and fast charged all night.
Why Luminous Motive Batteries must be your top
choice: Key features
High performance, High reliability and High

energy density
Robust structure and Positive plates are specially
designed for long cycle life
Negative plates contain highly durable long life
expander to cater for high cycle life
Better choice for heavy duty application
Battery characteristics comply with IEC-60254 1 & 2
100% Tank formation for uniform plate quality
Additional options that enhance operative life
Automatic aqua filling system

Electrolyte circulation system
Luminous Start
Luminous launches the technologically superior yet
easy on pocket, factory charged and maintenance
free, Start automotive batteries. Powered by
international Ca Ca & EMT technology and
Indian engineering, these Batteries optimize energy
supply in addition to back-up for vehicle
accessories. They designed to deliver high

performance for all types of vehicles, including Indian and international makes.
Start advantages:
Completely maintenance free for its active life

Extremely low self-discharge - No electrical drain on the battery. It could stand for up
to one year and then still have enough power to start the vehicle.
Ideal for vehicles, boats, machinery, etc that are not used on a regular basis.
Vibration and impact resistant - High density pasted plates are used which improve
life- cycle and are resistant to vibration
Resistant to thermal runaway - Calcium-Calcium are not prone to thermal runaway
where the conventional battery eventually cooks itself in very hot applications, i.e.
courier vans etc. making them idealfor such applications.
Double chamber container with Magic Eye Clearly indicating the exact battery
condition
Motorcyle Battery
Luminous RACER range of motorcycle batteries are manufactured using the state of the art
technology. They are designed taking into consideration the latest motorcycle requirements
and are compatible with most of the popular models. They are built to
withstand the rigors of the tough Indian terrain without compromising
with the quality and performance. These are truly the soul-mate for the
Indian bikes. Some of the advantages of using these futuristic batteries
include tough and durable separator for extended operation, high
collision resistance, immediate start, brightest light, extra power
conservation, prevention against acid spillage, to name a few.
Inveters
An inverter is an electrical device that converts direct current (DC) to alternating current
(AC); the converted AC can be at any required voltage and frequency with the use of
appropriate transformers, switching, and control circuits. The electrical inverter is a high-
power electronic oscillator.
Luminous offers a world class range of inverters and long backup UPS which have seen the
light of the day only after going through extensive research and development worth million of
dollars. Our undiluted focus on the dynamic power requirements of the customer has driven
us to continuously innovate and come out with technologies which have become a benchmark
for the whole industry and resulted in products offering great value to the consumer, no doubt
we are the leaders in the domestic market and strive to be a
prominent international player in the segment.
Inverters / Long Back up UPS are used in a wide range of

applications, from household appliances to large electric utility
high-voltage direct current applications that transport bulk

power. Inverters / Long Back up UPS are commonly used to supply AC power from DC
sources such as batteries.
Long Back up UPS
Luminous presents the latest breakthrough in the world of power back up UPS. A
powerhouse of performance packed in a highly attractive design these long back up UPS
boast of phenomenally advanced features that give in a unique ability to run a PC for hours
together, even in the bleakest of power situations. We at Luminous value the convenience and
comfort of the consumer above anything else. Very little maintenance, powerful performance
and all-round protection makes this series a value for money investment.
Features & Protection
Micro controller based design
Free Pre-loaded battery management software.
SMD Technology for reliable and compact design
Battery charging commences even at as low as 120 Volt Mains voltage
Auto holiday mode preserves battery charge while you are away from home
Intelligent thermal management
Visual Indicators: Mains On, UPS On, Switch Status, Smart Charge, Overload/ Short
Circuit Trip, Charger Fuse Blown, Battery Low
Trip and No Load Shutdown
Audio Alarms: Mains Fail, Fuse Fail, Battery Low Pre-alarm, Overload Trip, Battery Low
Trip and No Load Shutdown
Ensures faster battery charging

Advanced battery management, which enhances battery life up to 70%
Negligible battery-water loss
Intelligent continuous charging profile adjustment
Overload with Auto Reset
Battery Deep Discharge Protection with Reset Option
Ultra-Fast Short Circuit Protection
Battery Reverse Polarity Protection
Sine wave UPS
Pure Sine Wave Long Back-up UPS consists of a sophisticated

design producing the AC wave power output similar to that you

would get from your house power point. These UPSs will support all the expensive and
sensitive household equipments which will fail to run from the power output of a modified
wave UPS.
The high quality power output from the pure sine wave UPS will maintain the units power
supply throughout, thus supporting these appliances like your household power unit will. This
being the case it is always better to invest in a pure sine wave UPS and get a quality power
supply that will support all your equipments without any trouble. Luminous Sine wave UPSs
are packed with a range of user-friendly features, these are symbols of convenience and
comfort. Very little maintenance, no noise these Sine Wave UPS stand for powerful
performance with all-round performance.
Features & Protection
Micro controller based design

Regulated output voltage window during regulated UPS mode
Can run single PC up to 8hrs. With 12 V 150 AH battery
Selectable battery option
Pre-loaded battery management software
Charges battery double fast
Regulated battery charging from 120 V to 300 V
Automatic holiday mode preserves battery charge
Advanced digital display
Audio alarms on mains fail, Charger fuse blown, battery low and no load shutdown
Phase reversal protection
Overload with auto re-set
Battery Deep Discharge protection with two times reset options
Ultra Fast Short Circuit Protection
Battery reverse polarity protection
Miniature circuit breaker for overload and short circuit protection in mains mode
instead of cartridge fuse
DC over Voltage protection
Line Interactive UPS Systems

Luminous has the widest range of line interactive UPS systems. This highly compact power
packed UPS systems offer the best and most reliable data security to small desk tops or
personal computers.
Features
Micro controller based intelligent system

No load shutdown
Pre-Alarm Audio & Visual Signals for Battery low
Overload trip audio and visual signals
Battery Deep Discharge Protection
User-Friendly
On-Line UPS Systems
On-Line UPS Systems from Luminous are designed to save your sensitive equipments
from main lines failure, voltage fluctuations, blackouts and other electrical disturbances.
UPS not only provides data security but also saves your hardware from getting damaged,
thus promising smooth working hours. The online UPS is ideal for an environment where
electrical isolation is necessary or for equipment that is very sensitive to power
fluctuation. The online UPS system is necessary when the power environment is noisy
such as industrial settings; for larger equipment loads like data centres, or when operation
from an extended run back up generator is necessary.
Features
Double conversion online topology

High frequency PWM technology
Fully microprocessor controlled design
Wide input voltage range
Near unity input power factor
Automatic bypass
Smart self diagnosis function
Full time lightning and surge protection
UPS monitoring software
SNMP Adaptor for network management (optional)
DG Sets

Luminous Power Technologies is in an aggressive expansion mode with the latest offering
being DG Sets. These state of the art residential DG Sets will make sure that your family will
enjoy life uninterrupted while at home or away.
Luminous DG Sets have been designed in compliance with the latest technologies that are
suitable for all small, medium and large industries, hospitals, multistoried buildings, farms
and individual houses. These DG sets consists of Lombardini for 5 KVA & Escorts for
15-40 KVA engines coupled with self regulated alternator mounted on specially designed
common skid base frame fitted with special vibration isolator to make DG set vibration free.
Luminous DG sets are designed to deliver reliable performance and longer trouble free life.
Advantages
Pure power for sensitive electronic equipments

Better fuel efficiency
Powerful performance backed by an equally robust commitment to customer service
Low maintenance cost and faster response recycler
Low Noise, Low Emission
High durability and simple to operate and environment friendly
Dependable, durable and efficient

Superior performance and reliability
Ease of maintenance
Wide distribution network
Higher power output
Low fuel consumption
Economic Operation
Minimized running costs
Manual / Auto Mains Failure Panel
High on innovativeness and quality

Feasible design and reliable operation

Clean and long-lasting
Rugged and simple to operate
Powerful performance backed by an equally robust commitment to customer service
State of the Art Technology
Electricals
Electrical distribution needs are continuously evolving in residential, commercial and

industrial sectors. Improved operation safety, continuity of service, greater convenience
and operating cost have assumed a tremendous significance, Luminous Miniature Circuit
Breakers have been designed to continuously adapt to these changing needs
Features
Precise Hammer Action

15 Plates Arc Chute for Effective Arc Quenching
Longer Electrical Operation / Life
Wide Range
Value for Money
Low Power Consumption, thus Cost Effective & Energy saving
There are some eletriacl applicance.
Residual Current Circuit Breaker

Distribution Boards
Wires and cables
Industrial Cables
Celling fan
Table fan
Wall fan
Pedestal fan
Ventilation Fans
Lpg instand geyser
Cfl inverter
Solar Applications
Solar Photovoltaic Modules
the PV modules offered by Luminous are specially designed to meet the requirements of the
market and are available in various ranges from 3W to 255W using well proven and field
tested technology of crystalline silicon solar cells. These are high quality and high
performance modules suitable for power generation and tested visually, mechanically and
electrically according to the standard test conditions applicable worldwide.

The solar cells, typically 180-260 micron thick, are tested and electronically matched prior to
interconnection. The encapsulation between high-transmittance special tempered glass and
UV-resistant multilayer back sheet which guarantees the modules excellent durability under
harsh outdoor conditions of extreme temperature, high altitudes, deserts and coastal regions.
The module size self-supporting anodized aluminum frame is designed to allow easy
mounting and carrying.
These PV modules have obtained various product certifications including IEC 61215EdII for
design qualification and IEC61730 for safety Class II.
Solar Home Light System
In the series of new offerings from the house of Luminous, the latest are ideal low cost
solutions for Rural Home Lighting requirements. The innovative, energy efficient LED based
design of this new product with a single light output is at par with 11W CFL. It can be
termed as single solution for all daily household lighting needs. This equipment has PWM
based compact electronic circuitry with high efficiency. It offers uniform & constant bright
light output over entire battery voltage range. It is specially designed for maximum energy
harvesting from connected solar module, as compared to other products. This equipment can
provide light output ranging between 11 to 102 hrs.

Reasons to Buy
Get detailed information on the company's financial deals that enable you to
understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by
year, by business segments and by type, for a five year period.
Understand the company's business segments' expansion / divestiture strategy

- The profile presents deals from the company's core business segments'
perspective to help you understand its corporate strategy.
Access elaborate information on the company's recent financial deals that enable you
to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal,
deal type, deal rationale, deal financials and Target Company's key financial
metrics and ratios.
Equip yourself with detailed information about the company's operations to identify
potential customers and suppliers.
- The profile analyzes the company's business structure, locations and
subsidiaries, key executives and key competitors.
Stay up-to-date on the major developments affecting the company

- Recent developments concerning the company presented in the profile help
you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on
detailed major deals are incorporated into the profile to assist your academic
or business research needs.

Awards
Luminous Power received Frost & Sullivan Industry Technological Leadership Award
for Market penetration in DC-AC Inverters in Non Renewable Energy markets in Asia
Pacific. Luminous was awarded to its production facility located in Gagret, Himachal
Pradesh; Luminous is commended for its unmatched expertise in the power electronics field
combined with world class battery manufacturing technology. The ISO 50001:2011
certification is in recognition of its world-class efficient Energy Management Systems and
Give for complying with the requirements on the fronts of manufacturing of Batteries
comprising flat and tubular plates for domestic and industrial requirements.

RESEARCH
METHODOLOGY

This project is made by collection of primary and secondary data. We gather the information
though primary source and secondary source though net.
Scope of the project:

To find out the financial position of the company
To get the profit margin of the company
To forecast the growth and the profit of the company
To extrapolate the companys position.
RESEARCH DESIGN:
The study will be based on the based on the descriptive and applied research. The financial
position of Luminous Engineering and Technology Service Pvt. Ltd. is analyzed
comparatively, common and trends. Make Planes of comparing the financial position of the
company for two year. By the help of many concepts of financial statement of the result of
the control mechanism can be summarized which will help in identifying the effectiveness of
the system under the preview. Hence the comparative, common and trend are use to get the
conclusion of the company profile.

DATA COLLECTION METHOD:
1) PRIMARY SOURCES:- Company Department visit
2) SECONDARY SOURCES:-
i) Annual reports
ii) newspapers and magazines
iii) Different records used by the finance department
iv) Web sites of luminous
PRESENTATION OF DATA:-
Data has been presented through column and bar diagrams.
DATA ANALYSIS AND INTERPRETATION:-

we have analysis the data of the company and calculate the profit margin of the company.
We have calculated the comparative, common size, trend, cash flow and ratio of the company
We analysis the financial position of the company and come to know that luminous have
growth in coming year.

Financial statement

Introduction
Financial statement analysis involves careful selection of data from financial statements for
the primary purpose of forecasting the financial health of the company. This is accomplished
by examining trends in key financial data, comparing financial data across companies, and
analyzing key financial ratios. Although financial statement analysis is a highly useful tool, it
has two limitations. These two limitations involve the comparability of financial data
between companies and the need to look beyond ratios. Comparison of one company with
another can provide valuable clues about the financial health of an organization.
Unfortunately, the difference in the accounting method of companies sometime makes it
difficult to compare the companies' financial data.
A company analyst may assume that ratios are sufficient in themselves as a basis for
judgment about the future. Nothing could be further from the truth. Conclusions based on
ratio analysis must be regarded as tentative. Ratios should not be viewed as an end, but rather
they should be viewed as a starting point, as indicators of what to pursue in greater depth.
They raise May questions, but they rarely answer any question by themselves. In addition to
ratios, other sources of data should be analyzed in order to make judgments about the future
of an organization. They analyst should look, for example, at industry trends, technological
changes, changes in consumer tastes, changes in broad economic factors, and changes within
the firm itself. A recent change in a key management position, for example, might provide a
basis for optimism about the future, even though the past performance of the firm may have
been mediocre.
There are four basic types of financial statements: balance sheets, income statements, cash-
flow statements, and statements of retained earnings. Typically, financial statements are used
in relation to business activities.
Balance sheet financial statements are used to provide insight into a companys assets and
debts at a particular point in time. At the bottom of the income statement, a total of the
amount earned or lost is included. Often, income statements provide a record of revenue over
a years time. Every company have their Summary of revenues, expenses and net income (or
net loss) of a firm. It serves as a measure of the firms profitability. Financial statements are
mainly prepared for decision making purposes. Analysis of financial statements is an attempt
to assess the efficiency and performance of an enterprise
Financial analysis serves the following purposes
Measuring the profitability
Indicating the trend of achievements
Assessing the growth potential of the business

Comparative position in relation to other firms
Assess overall financial strengths
Assess solvency of the firm
OBJECTIVES
To explain the meaning, need and purpose of financial statement analysis;

To identify the parties interested in analysis of financial statements;
To explain the various techniques and tools of analysis of financial statements.
Purpose
Financial statements are mainly prepared for decision making purposes. But the information
as is provided in the financial statements is not adequately helpful in drawing a meaningful
conclusion. Thus, an effective analysis and interpretation of financial statements is required.
Analysis means establishing a meaningful relationship between various
items of the two financial statements with each other in such a way that a conclusion
is drawn. By financial statements we mean two statements:
(i) Profit and loss Account or Income Statement
(ii) Balance Sheet or Position Statement
Comparative financial statements

Comparative study of financial statements is the comparison of the financial
statements of the business with the previous years financial statements. It enables
identification of weak points and applying corrective measures. Practically, two
financial statements (balance sheet and income statement) are prepared in
comparative form for analysis purposes.
Balance sheet interpretation and analysis
Current financial position and Liquidity position

Long-term financial position
Profitability of the concern
Income statements interpretation and analysis

The increase or decrease in sales should be compared with the increase
or decrease in cost of goods sold.
To study the operating profits
The increase or decrease in net profit is calculated that will give an
idea about the overall profitability of the concern.
COMMON SIZE STATEMENTS AND TREND ANALYSIS

The common size statements (Balance Sheet and Income Statement) are shown in
analytical percentages. The figures of these statements are shown as percentages of
total assets, total liabilities and total sales respectively. The trend analysis is a
technique of studying several financial statements over a series of years. In this
analysis the trend percentages are calculated for each item by taking the figure of that
item for the base year taken.
Cash flow statement

The cash flow statement is concerned with the flow of cash in and cash out of the
business. The statement captures both the current operating results and the
accompanying changes in the balance sheet. As an analytical tool, the statement of
cash flows is useful in determining the short-term viability of a company, particularly
its ability to pay bills.
The cash flow statement is intended to
provide information on a firm's liquidity and solvency and its ability to change
cash flows in future circumstances
provide additional information for evaluating changes in assets, liabilities and
equity
improve the comparability of different firms' operating performance by
eliminating the effects of different accounting methods
indicate the amount, timing and probability of future cash flows
Ratios analysis
A tool used by individuals to conduct a quantitative analysis of information in a

company's financial statements. Ratios are calculated from current year numbers and
are then compared to previous years, other companies, the industry, or even the
economy to judge the performance of the company. Ratio analysis is predominately
used by proponents of fundamental analysis.

Annual report
Profit and loss account

Balance sheet

Financial statement analysis

Luminous
2010 2009(thou
(thousand) sand)
share capital
authoriesied
55,000,000(previous year 2,000,000) 550,000 20,000
equity share of rs. 10 each
issused, subsribed and paid up
1742638(previous year 1,683,360) equity share fully paid 17,426 16,836
8,28,00(previous year: nil) compulsorily fully converible cumulative
participatory preference share of rs. 600 each fully paid 496,800 0
514,226 16,836
reserves and surplus
securities permium account 306,195 0
general reserve
opening balance 2500
additions during the year 58,605 2500
closing balance 61,105 2,500
profit and loss account 671460 281640

1,038,760 284,140
secured loan
loans and advance from banks
cash/export credit facilities 267,266 324,649
tearm loan 112,065 116,822
vehicle loans 3,698 3379
383,029 444,850
unsecured loans
inter coporate loans 0 18,322
loan from bulinding company- sar capital private limited 0 24112
loan from other 0 11,000
0 53,434
Investment
long term
subsidiaries (tarde and unquoted)
150000 share of rs 10 each of lumious electronic private limited fully
paid up 1800 0
40000 share4 of SGD 1 each of LABH holding pre. Ltd. Fully paid 1,064 0
3266 share of rs 10 each of luminous engineering and technology
services private limited fully paid 31,770 0
34,634
deferred tax asstes
deferred tax liability
deperciation on fixed assets 2,846 3,069

2,846 3,069
deferred tax assets
provision for bad debts 4937 5976
employee benefits 2374 1243
net deferred tax assets 4,465 4,149
inventories
raw material and componets 238,431 202,532
working in progress 256,150 124,089
finished good 193,303 63,229
goods - raw material 114,205 60,317
802,089 450,167
sundry debtors
debts outstanding for a period exceeding six months
unsecured, cosidered good 64,225 27,880
secured, cosidered good 435
unsecured, cosidered doubtful 32,279 17,263
debts outstanding for a period less than six months
secured, cosidered good 30,441 63,416
unsecured, cosidered good 1,406,003 624,500
1587383 733,579
less: provision for doutful debts 32279 17,753
1555104 715826
cash and bank balance
cash in hand 988 713
balances with scheduled bank
in current account 125,842 24618
in fixed account 45,952 35,622
172,782 60,953
fixed deposits includes rs.37,952 thousand pledged with bank for gurantee issused ( previous year rs
35,622 thousand)
other current assets
interest accrured but not due 2,391 1381

2,391 1381
loans and advance
security deposits 12848 8709

advance income tax 0 591
MAT credit entitlement 104,573 32355
adavance to supplier 21996 14058
share application money in LABH holiding pee. Ltd. 43951
loan to luminous electronic private limited ( subsidiary company) 40000
other advance recoverable in cash or in hand 53,971 23194
or for vale to be received 277339 78907

current liablities
sundry creditior for goods 931556 610884
sundry creditior for capital goods 6128 6649
bank overdraft 0 4626
advance from customers 30478 13321
security deposits from customer 23650 59768
other liabilities 96862 77188
1088674 772436
Provision
income tax 8447 24623
fringes benefit tax 40 674
proposed dividend 120197
coporate dividend tax 20428
provision for warrenty expenses 42,783 20,118
provision for claims 4053 10,225
Gratuity 3167 2360
compensated absences 3816 1609
202931 59609
other income
intersted on fixed deposite 10,064 1530
income frome annual maintenance contaracts and maintaenance
service 16325 15541
misscellances income 14781 13205
41,170 30,276
tax deduced in source on interest 2079 303
cost of material consumed

raw material
opening inventory 202532 57075
add: purchase 2756797 1574850
2959329 1631925
less: closing inventory 238,431 202,532
2,720,898 1,429,393
finished goods purchased for trading
opening inventory 35,813 58,251
add: purchase 288717 310,105
324,530 368,356
less: closing inventory 44998 35815
279,532 332,541
movement in the inventory of manufacture goods
closing inventory
work- in- progress 256,150 124089
finished goods in ware house 148,304 27416
404,454 151,505
opening inventory

work in progress 124089 56221

finished good in ware house 27416 10314
151505 66535
252,949 84,970
Total 2,747,481 1676956
less : cost of battery replacement 22,280 18195

loss of good on fire and clamity 15014
total consumption 2710187 1658781
personal expense
salaries, wages and bouns 169010 112212
contribution to provident fund and other benefits 15162 8490
staff welfare 7561 5208
191733 125910
manufacturing expenses
consumable store 23585 40384
Jobwork 28125 23765
electricity, power and fule expenses 53355 29209
genertor hiring and running changes 1069 140
repairs and maintanace of machinery 5828 5590
other manufacturing expenses 591 284
112553 100442
selling, general and administrative expenses
Rent 10260 8772
rates andtaxes 8243 839
priniting and stationery 3661 2457
testing fee 90 1349
consumables 8564 6950
installing charges 10561 3371
travelling and conveyance expenses 38244 26491
communication charge 17565 11608
repair and maintenance 10483 7791
insurance charge 4743 8569
lagal and professional charge 17723 15146
provision for douthful debts 14526 14937
vehicles running and maintenance 10050 6135
security expense 2325 1718
electricity an d power 4522 2327
provision for warranty cost 44919 36339
advertisement and publicity 96657 66537
Commission 43819 23738
freight outward 56028 37,229
service changes paod 5766 3403
miscellaneous expenses 7762 6529
416511 292235

financial expenses
bank and finance changes 41213 25253
bank interest 35988 21698
interest on other loan 3169 6465
80370 53416
Data analysis
comparative income statement of luminous of

year 31 mar 2010 and 31 mar 2009
2009( 2010( absoulte %
thousand) thousand) change change
source of fund
Income
sales of good
domestic sales 2,736,230 4,621,430 1,885,200 68.897716
93
export sales 71,190 113,339 42,149 59.206349
21
turover 2,807,420 4,734,769 1,927,349 68.651965
15
less discount 326,374 623,985 297,611 91.187104
36
2,481,046 4,110,784 1,629,738 65.687536
63
total 2,481,046 4,110,784 1,629,738 65.687536

63
less- operting expense
expendituer
cost of material 1,658,781 2,710,187 1,051,406 63.384256
consumed 27
personal expensese 125,910 191,733 65,823 52.277817
49
manufacturing expense 100,412 112,553 12,141 12.091184
32
selling general and 298,060 416,511 118,451 39.740656
adminisrtative expense 24
financial expaense 53,116 80,370 27,254 51.310339
63
depercaitation 26,169 46,803 20,634 78.849019
83
total 2,262,448 3,558,157 1,295,709 57.270222
34

profit from operations 218,598 552,627 334,029 152.80514

before tax 92
less- tax expense
current income tax 34,428 75,524 41,096 119.36795
63
MAT credit enitlement -32,355 -72,217 -39,862 123.20197
81
prior years income tax 0 410 410 0
deferred tax -5656 -315 5,341 (94.43069
307)
fringe benefit tax 3,386 4,345 959 28.322504
43
-197 7,747 7,944 (4032.487
31)
profit after tax 218,795 544,880 326,085 149.03676
96
comparative balance sheet of luminous of

year 31 mar 2010 and 31 mar 2009
2009( 2010( absoulte
thousand) thousand) change % change
SOURCE OF FUND
shareholder's fund
2954.68694
share capital 16,834 514,226 497,392 3
261.760813
reserves and surplus 287,140 1,038,760 751,620 5
410.894352
303,974 1,552,986 1,249,012 8
LOAN FUND
-
13.9009148
secured loans 444,870 383,029 -61,841 7
unseecured loans 50,349 0 -50,349 -100
-
22.6546235
495,219 383,029 -112,190 1
142.246240
TOTAL 799,193 1,936,015 1,136,822 9
APPLICATION OF FUND
fixed assets
76.8705678
gross block 256,366 453,436 197,070 6

less: accumulated 85.0904060

depreciation 50,605 93,665 43,060 9
74.8489752
net block 205,761 359,771 154,010 7
capital work - in - -
porgerss( including 83.3033796
adavance) 114,065 19,045 -95,020 5
18.4444041
319,826 378,816 58,990 4
investment 0 33,634 33,634 0
8.40009711
deferred tax assets 4,119 4,465 346 1
working capital
current assests,loans
and advances
78.1663782
inventories 450,191 802,089 351,898 7
117.246090
sundry debtors 715,826 1,555,104 839,278 5
183.444338
cash and bank balances 60,958 172,782 111,824 7
73.1354091
other currents assets 1,381 2,391 1,010 2
loans and advances 78,907 277,339 198,432 251.475788
114.930354
total current assets 1,307,263 2,809,705 1,502,442 5
current liabilities and
provisions
40.8307752
currents liabilities 773,037 1,088,674 315,637 4
provisions 59,608 202,931 143,323 240.442558
55.1207297
total cuurent liabilities 832,645 1,291,605 458,960 2
219.857232
total 474,618 1,518,100 1,043,482 6
799,193 1,936,015
common - size income statement of luminous of

31 mar2009 and 31 mar 2010
absoult figure % net sales
2009( thousand) 2010( thousand) 2009 2010
Income
sales of good
domestic sales 2,736,230 4,621,430 110.2853393 112.4221073
export sales 71,190 113,339 2.869354297 2.757113971
Turnover 2,807,420 4,734,769 113.1546936 115.1792213

less discount 326,374 623,985 13.15469363 15.17922129

2,481,046 4,110,784 100 100
total 2,481,046 4,110,784 100 100

less- operting expense
expendituer
cost of material
consumed 1,658,781 2,710,187 66.85813161 65.92871335
personal expensese 125,910 191,733 4.66414679
manufacturing expense 100,412 112,553 4.047163978 2.737993531
selling general and
adminisrtative expense 298,060 416,511 12.01348141 10.13215484
financial expaense 53,116 80,370 2.140871229 1.955101509
Depercaitation 26,169 46,803 1.054756744 1.138541942
total 2,262,448 3,558,157 91.18928065 86.55665197
profit from operations
before tax 218,598 552,627 8.81071935 13.44334803
less- tax expense
current income tax 34,428 75,524 1.387640535 1.837216453
MAT credit entitlement -32,355 -72,217 -1.304087067 -1.756769512
prior years income tax 0 410 0 0.009973767
deferred tax -5656 -315 -0.227968365 -0.007662772
fringe benefit tax 3,386 4,345 0.136474697 0.105697599
-197 7,747 -0.007940199 0.188455535
profit after tax 218,795 544,880 8.818659549 13.2548925
common - size balance sheet of luminous of 31 mar2009

and 31 mar 2010
absoult figure % balance sheet
2009( thousand) 2010( thousand) 2009 2010
ASSETS
fixed assets
net block 205,761 359,771 12.60915606 11.14663436
capital work- in -
progress 114,065 19,045 6.989970818 0.590063266
investment 0 33,634 0 1.042068149
deferred tax assets 4,119 4,465 0.252414762 0.138337227
current assests,loans and advances
inventories 450,191 802,089 27.58797135 24.85078789
sundry debtors 715,826 1,555,104 43.86624162 48.18113657
cash and bank
balances 60,958 172,782 3.735542376 5.353232413
other currents
assets 1,381 2,391 0.084628499 0.074079353
loans and advances 78,907 277,339 4.835467736 8.592678196

TOTAL ASSETS 1,631,838 3,227,620 100 100

LIABILITY
share capital 16,834 514,226 1.031597499 15.932049
reserves and
surplus 287,140 1,038,760 17.59610942 32.18346646
secured loans 444,870 383,029 27.26189732 11.86722724
unseecured loans 50,349 0 3.085416567 0
currents liabilities 773,037 1,088,674 47.37216562 33.72993103
provisions 59,608 202,931 3.652813576 6.287326265
total liabilities 1,631,838 3,227,620 100 100
statement of trend analysis of

income statement of 2009 and 2010
2009(
thousan
d) 2010( thousand) %trend
2009 2010
2,736,23
domestic sales 0 4,621,430 100% 168.8977169
export sales 71,190 113,339 100% 159.2063492
2,807,42
Turnover 0 4,734,769 100% 168.6519651
less discount 326,374 623,985 100% 191.1871044
expendituer
cost of material 1,658,78
consumed 1 2,710,187 100% 163.3842563
personal expensese 125,910 191,733 100% 152.2778175
manufacturing
expense 100,412 112,553 100% 112.0911843
selling general and
adminisrtative
expense 298,060 416,511 100% 139.7406562
financial expaense 53,116 80,370 100% 151.3103396
depercaitation 26,169 46,803 100% 178.8490198
current income tax 34,428 75,524 100% 219.3679563

MAT credit enitlement -32,355 -72,217 100% 223.2019781
prior years income tax 0 410
deferred tax -5656 -315 100% 5.569306931
fringe benefit tax 3,386 4,345 100% 128.3225044

statement of trend analysis of

balance sheet of 2009 and 2010
2009(
thousan
d) 2010( thousand) % trend
2009 2010
share capital 16,834 514,226 100% 3054.686943
reserves and surplus 287,140 1,038,760 100% 361.7608135
secured loans 444,870 383,029 100% 86.09908513
unseecured loans 50,349 0 100% 0
gross block 256,366 453,436 100% 176.8705679
accumulated
depreciation 50,605 93,665 100% 185.0904061
net block 205,761 359,771 100% 174.8489753
capital work - in -
porgerss( including
adavance) 114,065 19,045 100% 16.69662035
investment 0 33,634 100% 0
deferred tax assets 4,119 4,465 100% 108.4000971
inventories 450,191 802,089 100% 178.1663783
sundry debtors 715,826 1,555,104 100% 217.2460905
cash and bank balances 60,958 172,782 100% 283.4443387
other currents assets 1,381 2,391 100% 173.1354091
loans and advances 78,907 277,339 100% 351.475788
currents liabilities 773,037 1,088,674 100% 140.8307752
provisions 59,608 202,931 100% 340.442558
cash flow statement of luminous of

31 mar 2009 and 31 mar 2010
Particular 2010(thousand) 2009(thousand)
A. cash flow from operating activities
profit before tax 593,797 218545
Deprecation 46,803 26468
provision for claims 3159 10207
interest paid 80370 53436
provision for warranty expenses 44919 18353
loss on sale of fixed assets 88 0
provision for doubtful debts 14526 14937
interest received -10,064 -4336
operating profit before working capital changes 773,598 337,610
changes in working capital
increase on sundry debtors -833804 -195,285
increase in current liabilities and provision 309946 432,225

increase in inventories -389185 -239648

increase in fixed deposite -2330 -18,496
increase in loan andd advances and other assets -60610 -25,238
cash general from operations -222,385 5,881
income taxes paid ( not of refund) -96,497 -12,327
net cash used in operating activities -318,882 -6,646
B. cash flow from investing activities

purchase of fixed assets -113,859 -185364
procced from sales of fixed asset5s 746 1436
investment in subsidary ( luminous electronics
power limited) -1800 0
investment in subsidary (labh holding ptv. limited) 1,064 0
share application money in subsidiary( labh
holding ptv. Ltd.) -43,931 0
investment in luminous engineering and services
private limited -31,770 0
interest received 9,054 763
net cash used in investing activities -182,644 -183,195
C. cash flow from financing activities

share aaplication money 0 -5900
issue of equity share capital 8855 0
issue of compulsorily fully converiable
commulative participatory prefernce share 794733 0
cash/export credit facilities -57354 186302
procced from term loan 29907 89231
repayment of term loans -34740 -8520
proceeds from vehicle loans 2287 2500
repayment of vehicle loans -1968 -1650
repayment of term loans taken from bodies
coporate -16950 -2900
proceeds of loans taken from bodies coporate 0 1000
repayment of loan from holding company( sar
capital private limited) -20662 -2900
proceeds of loans taken from holding company (
sar capital privated limited) 0 13051
repayment of loan from directors -11000 -151
loans taken from director 0 17000
payment of dividend and dividend tax 0 -28590
interrest paid -82082 -51960
net cash generated from financing activities 611026 206513
net increase in cash and cash equivalents(A+B+C) 109500 13721

cash and cash equivalents at beginning of the year 25330 11600
cash and cash equivalents at the end of the year 134830 25330

components of cash and cash equivalent

cash in hand 988 713
balance with scheduled bank
in current account 125842 24618
in deposite account 8000
Ratio analysis for 2009

Current Ratio = Current Assets/Current Liabilities
= 1,228,356/ 773,037
=1.58900026
The ratio of the company is 1.5 it is that the company having 1.5 assets cover than the
liabilities its means the company have more assets then the risk of the liabilities will
cover though the assets.
Inventory Turnover (IT) = Cost of Goods Sold/Average Inventory

= 2,747,481/802,089
=3.425406665
This ratio indicates the number of times the inventory is rotated during the relevant
accounting period. A high stock turnover might mean increased efficiency. The
company have 3.4 turnover the company will satisfied the customer
Total Asset Turnover

TAT = Sales/Total Assets
=2,481,046/ 1627089
=1.52383014 times
The total assets turnover is 1.54 it means the sales having more than the total assets.
the company having sales
Working Capital Turnover Ratio = Cost of goods sold/Net Working Capital

= 2,747,481/ 1,307,263
= 2.101704859 times
The working capital of the company is good. Because cost of goods sold is more than
the net working capital. This activities ratio helps in the growth of the company.
Net Profit Ratio = Net Profit after tax / Net sales x 100
= 249,031/2,481,046*100
=10.03733909

Net profit takes into account the fixed costs involved in production the overheads.
The net profit is 10.03 means the profit margin is good for the company. The net
profit shows the growth of the company and higher the ratio will good for the
country.
Operating ratio= Operating cost X 100

Net sale
= 2,262,448/2,481,046*100
=91.118928065
This ratio establishes relationships between operating cost & net sales. This ratio
indicates the proportion that the cost of sales. The operating ratio is 91.11 means the
operating cost is less than the net sales. It shows operational efficiency of the
business .it shows the percentage of sales that is absorbed by the cost of sales &
operating expenses.
Net capital employed = Total assets CL

= Total Liabilities CL
1631208-832,645
= 798563
It Show how effective the firm is in using its capital to generate profit. The net capital
employed shows the diffrience between total assets and current liability.
Shareholders Funds= Equity share + prefence share+ reserve & surplus

= 16,834+287,140
=303,974
Its show the fund of the company which is use to growth of the company. The capital
of the company for the fund. Its give the share holder more profit in the year.
Fixed Assets Ratio = Long-term Funds+ long term loans/ Fixed Assets
=303,974+495,219/ 323945
=2.46706385
This ratio indicates as to what extent fixed assets are financed out of long-term
solvency. Higher the ratio will show that there is more use or fixed assets and the
finance use by the long term is good for the company. And its have good fixed assets
ratio
Dept-equity Ratio = Debt + CL

Equity
= 495,219+773,037/303,974
= 4.172251574
The debts equity ratio show the long term polices of the company. It is equity ratio
indicates the proportion between shareholders funds and the borrowed funds. It also
indicates the extent to which the firm depends upon outsiders for its existence. A
higher ratio indicates a risky financial position while a lower ratio indicates safer
financial position. The financial position of the company is good and it shows the
rapid growth of the company.

Data interpretation
Domestic sales and export sales of the company for the year 2009 is Rs. 2,807,420
and for the year 2010 is Rs.4, 734,769. It means the turnover of the company is good
because it is more from the year 2009
Total income of the company is Rs.2, 511,282 for the year 2009 and Rs.4, 151,954 for
the year 2010. The gross profit of the year 2010 is more than the 2009. Company has
more profit in the year of 2010. There is change of about 57.27% in total expenditure
of the company in the year 2010,as in 2009 it was Rs.2,262,448 but in 2010,it is
Rs.3,558,157.The profit for the company after charging tax stands at Rs.586,050.
As companys profit is increasing, it encourages investors to make their investment in

the company. The total amount of capital raised from shareholders increased from Rs.16,834
in 2009 to Rs.514,226 in 2010.The Reserves & Surplus is Rs.1,038,760 & secured loan is
Rs.383,029.In the year 2010,there is no more unsecured loan for the company. The assets of
the company in the opening of year 2010 is Rs.453,436,but after charging depreciation of
Rs.93,665,it amounts Rs.359,771.The company has no more investment in the year 2009 but
in 2010 it is of Rs.33,634.The total current assets of the company including inventories,
debtors, cash & bank balances, loans & advances and other current assets is of Rs.2,809,705
in the year 2010 as against Rs.1,307,263 in 2009.The current liabilities & provisions also
increases in 2010 ,from Rs.1,936,015 to Rs.799,193.
As per Common-size income statement, the income of the company becomes approax. double
of 2009.In 2009,it was Rs.2,511,282 and in 2010 it is Rs.4,151,954.The expenditure of the
company in percentage of net sales is declining, in 2009 ,it is 90.09% and in 2010 ,it is
85.69%.Company also have to bear tax-expenses. Tax-expenses in comparison to net-sales
are -0.007% in 2009 and 0.186% in 2010.Profit after tax also increases. All the above
mentioned increment shows that the companys business is growing and it is paying more
taxes now...
The Common-size balance-sheet of the company reveals that companys liquidity position is
alright. Its investment is only 1.04% to net sales. As far as other assets are concerned, the
position of debtors and cash & bank balances to net sales are quite satisfactory, while the
position of fixed assets, inventories and other current assets to net sales are not so good
because there is percentage decline in their figures. Liabilities are overall increasing except
secured loans, unsecured loans and current liabilities. Thus; balance-sheet represents
satisfactory position of company.

year and
500,000
1,000,000
1,500,000
2,000,000
2,500,000
0
-500,000
500,000
1,000,000
1,500,000
2,000,000
-500,000
sales of good
domestic sales
share capital
export sales
reserves and surplus
turover
LOAN FUND less discount
secured loans
Lovely professional university

unseecured loans
total
TOTAL less- operting expense
expendituer
current liabilities are in good positions.
APPLICATION OF
cost of material
fixed assets
gross block personal expensese

less: accumulated manufacturing expense
net block selling general and
absoulte change
capital work - in - financial expaense
depercaitation
absoulte change
investment total
deferred tax assets profit from
working capital
less- tax expense
current
current income tax
comapartive balance sheet

inventories
comparative income satatement
sundry debtors MAT credit enitlement

cash and bank prior years income tax
other currents assets deferred tax
loans and advances fringe benefit tax
total current assets
current liabilities profit after tax
currents liabilities
year. It shows that companys total turnover is increasing and thus expenditures too.
provisions
total cuurent
The trend analysis of income-statement has been prepared after assuming 2009 as the base
total
The assets and liabilities are both almost increasing from 2009 to 2010.the current assets and
Company has to pay more taxes. Concerning trend analysis of balance-sheet, 2009 is the base
Page 72
20
40
60
80
20
40
60
80
0
0
-20
100
120
100
120
sales of good
domestic sales
export sales
turover
less discount
total
less- operting
Lovely professional university

expendituer
cost of material
personal expensese
manufacturing
selling general and
financial expaense
% balance sheet 2009

depercaitation
total
profit from
less- tax expense
current income tax
MAT credit
prior years income
deferred tax
comman size balance sheet fringe benefit tax
% balance sheet 2010

comman size income statement
profit after tax

% net sales 2010
% net sales 2009
Page 73
trend income statement

%trend 2010 %trend 2009
fringe benefit tax 100% 128.3225044

5.569306931
100%
prior years income tax
100% 223.2019781
current income tax 100% 219.3679563
depercaitation 100% 178.8490198
100% 151.3103396
selling general and adminisrtative expense 100% 139.7406562
100% 112.0911843
personal expensese 100% 152.2778175
100% 163.3842563
expendituer
100% 191.1871044
turover 100% 168.6519651
100% 159.2063492
domestic sales 100% 168.8977169
350000% trend balace sheet

300000%
250000%
200000%
150000%
100000%
50000%
0%
capi
tal cas
acc
uns wor def h oth loa
rese sec um curr
shar eec gros k- erre sun and er ns
rves ure ulat net inve inve ents pro
e ure s in - d dry ban curr and
and d ed bloc stm ntor liabi visi
capi d bloc por tax deb k ents adv
sur loa dep k ent ies litie ons
tal loa k gers ass tors bala ass anc
plus ns reci s
ns s( ets nce ets es
atio
incl s
n
ud
% trend 2009 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100
% trend 2010 3055 362 86.1 0 177 185 175 16.7 0 108 178 217 283 173 351 141 340

Cash flow statement

increase
net cashin used
loan
in andd
operating cash flow from operating activities particluar
advances
activities 0%
income taxes paid (
and other
-8% deprecation
not of refund)
assets 1%
-3%
-2% cash general
from
profit provisio interest provision for
operationsincreas n for paid warranty
before tax 2%
-6% claims expenses
e in 16%
0% 1%
fixed provision for
deposit
increase in doubtful debts loss on sale
operating 0% of fixed
inventories e assets
profit
-10% 0% 0%
before
working interest received
increase in current
increase on capital 0%
liabilities and
sundry debtors changes
provision
-22% 20%
8%
cash flow from investing activities
B. cash flow from investing

activities
-30% purchase of fixed assets
-46%
procced from sales of fixed
0% asset5s
0% 1%
-11%
investment in subsidary (
-8% luminous electronics power
limited)
2%

share aaplication issue of

money Cash flow form financing activites equity
0% share
capital
1%
net cash generated

from financing
repayment of activities issue of
loan from 37% compulsorily fully
directors converiable
-1% commulative
payment of participatory
cash/export
prefernce share credit
dividend and proceeds of loans
facilities
dividend tax 48%
repayment of loan taken
-3% from holding
0% interrest proceeds
repayment ofof
from holding loans
term company ( sar
loans taken from paid taken
loans
company(from
taken
repayment
proceeds bodies
sar
repayment from
from
of
ofprocced
term from term capital privated
director -5% bodies
coporate
capital coporate
private
vehicle
loans
loans
loans loan limited)
0% 0%
-1%
limited)
0%
0%
-2% 2% 0%
-1%

Conclusion
AND
RECOMMENDATION

Conclusion
According to annual report of this company, we come to know the financial positions
of the company, their assets and the liabilities. Luminous is a profit making company
and its business is growing very rapidly. Today, in the field of inverters, power back-
up solution etc; it is the only company which marks its presence in the market. The
profit of company is increasing every year but not at so rapid rate. I have examined all
the parts of a financial statement of this company.
A financial statement is the most important statement of the company. It reveals the true
position of a company, as it presents the figures and positions of assets and liabilities of the
concern and also shows the fact that whether the company is making profit or not. We have
examined various techniques for management of financial statement. The companys cash
flow of the luminous for operating activities is -312,236. Increase in the current liabilities and
provision and working capital change. The net cash flow from the investing activities is less
than the previous year means the investment are made in the company was less the previous
year. And cash used in the financial activities was more in the current year than the previous
year. It means the luminous financial position is much better than the previous year.
The financial position will shown stronger in coming year as per the financial position of the
luminous. The compare of the income statement and the balance sheet show the growth of the
company and the rapid growth on the assets of the company. The financial ratio of the means
the company has more assets then the risk of the liabilities will cover though the assets. The
company has 3.4 turnovers the company will satisfy the customer. The cost of goods sold is
more than the net working capital. This activities ratio helps in the growth of the company.
The profit margin is good for the company. It is equity ratio indicates the proportion between
shareholders funds and the borrowed funds. It also indicates the extent to which the firm
depends upon outsiders for its existence. The company having overall good profit margin and
its show the in the coming year the company have high profit and good market position.

RECOMMENDATION
The company should avoid more expenditure to get more profit
There should increase their export sales more to expend their market in
the international level.
They should use cost cutting material
More investment should be done to produce more new technology

product according to situation demand
The financial activities of the company should generate more finance

which will help in the growth of the company
They should use the sufficient planning is required for any new cost
reduction methods.
There should upgrade the technology according to the other

competitor.
Proper Forecasting for the company financial position should be done

according to their previous financial position.
There should take the advice of the company employs for new
innovative idea.
The analysis of the finance of the company should be done and more
and more sector will open to make luminous more power full
company.

Limitation
The data is given for analysis of financial statement is done on the basis of data
available in the annual report of LUMINOUS. So there is only a limited exposure is
available to make the report.
As there is many branch of luminous so it is very difficult to analysis all the

financial statement of the company.
The annual report of the LUMINOUS For the Financial Year 2009-2010, has not
been made public. So only few ratios were been calculated as per the data available
to us from the annual report
Every subsidiary of the luminous is having different policy.
As it is the not current data is available so it is difficult to analysis the current

situation of the company.

Literature review
The Financial Statement Analysis, author Sinha PHI Learning Pvt. Ltd., 2009. The
research about the financial statement analysis which help us to analysis and
interprets the data of the company and give us the true result of our data.
The articles are publishing in the economics times by the ronojoy banerjee
which helps us to know about the company.
Luminous IPO within a year
Luminous is a leading battery maker company .It operates in the field of Power-
backup solutions & Renewable energy. IPO stands for Initial Public Offer.
Luminous brand of companies are running well as its business is well-capitalized

with almost no debts and balance-sheets are fairly strong. According to Rakesh
Malhotra (SAR Group Founder & CEO),The Company doesnt need lot of capital
immediately but in a year, it would need a lot of money. For this very purpose the
company would opt to go for IPO in order to expand its business. It is Second round
of funding for the company. Earlier, in 2007, CLSA Capital Partners, a leading

private equity firm, had invested around $20.3million for companys expansion.
Luminous groups revenue is substantially growing, thats why it is now getting
into more capital intensive activities, thus, in upcoming years, it may have a good
Capital expenditure models.
Power cuts boost inverter sale.

Sometimes, the Ban for one will prove to be the Boon for other.
The same happens with the leading manufacturers of Inverters & inverters
batteries company, LUMINOUS POWER TECHNOLOGIES. The continuing
power crisis & failure of power corporations in Punjab led to the superb business for
Luminous Groups in Punjab.
As per the statement of Tarun Sapra, branch manager, Luminous Power

technologies, Punajb is an important market for luminous & company has chalked
out plans for expanding their business & to meet the needs of growing customers.
Company sales & revenue is growing at a rapid rate, as in 2008-09,companys sale

India Punjab region is Rs.92 Crore and India 2009-10,,it is Rs.139 Crore. Punjab is
the most growing market for Luminous.
Luminous power Signs Tendulkar as its brand Ambassador.
Luminous Power, a leading company in power back-up, has signed sachin

Tendulkar as its Brand Ambassador. Sachin will now advertise for all Products of
Luminous Group, whether it will be inverters, batteries, UPS or other renewable
energy systems. Marketing is the base of business. Luminous will invest around
Rs.60 Crore for its marketing activities.

Luminous Organises Channel Partners Meet in Puri.
Luminous Power organizes its channel partners meet in Puri. These types of meet are
customer-oriented, educative & informative. This meet is organized basically to
discuss & share about the product-innovation, consumer-expectations& after-sale
services. As retailers & dealers are an integral part of a company, Mr. Harsh Sharma,
Sr.Regional manager, luminous Power technologies said, Luminous has been one of
the fastest growing companies in India. Our meets with Channel-Partners allow us to
work synergistically to set new performance benchmarks. Meets enhance the
expertise of company collectively as well as make status symbol about the company
India the minds of prospective and potential customers that are why Luminous
organizes periodically meets with its Channel Partners across India.

BIBLIOGRAPHY
http://www.myluminous.com/default.asp
http://www.letsindia.in/
Financial Statement Analysis, author Sinha PHI Learning Pvt. Ltd., 2009
S, chnad wason analysis of financial statement
Company profile sheet
http://www.luminousindia.com/domestic/dom_default2.htm
http://www.indiamart.com/company/1677226/
http://in.linkedin.com/company/luminous-engineering-and-technology-services-private-
limited?trk=ppro_cprof

Financial Report of Luminous Engineering

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Financial Report of Luminous Engineering

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LUMINOUS ENGG. & TECH. SERVICE PVT.

LOVELY PROFESSIONAL UNIVERSITY

REPORT OF SUMMER TRAINING

LOVELY PROFESSIONAL UNIVERSITY

REG NO: 11006957

UNDER THE GUIDANCE OF

Mr. Rajesh Negi (Sr. Manager, F& A)

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I, MEGHA SINGH undersigned, a student, LOVELY PROFESSIONAL UNIVERSITY,

Name: MEGHA SINGH

LOVELY PROFESSIONAL UNIVERSITY

Signature: Megha Singh

Date: 25nd July 2012

Place: LUMINOUS (DELHI)

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Lovely Professional University

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A financial statement is a formal record of the financial activities of a business, person, or

This project explains in detail the concept of financial statement of the

LETS is a mutidisplinary design engineered and

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OBJECTIVE OF THE PROJECT

To understand the techniques and processes of preparation of FINANCAIL

To analyze the effectiveness and efficiency of the existing financial position to

To find out areas of weakness, if any.

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Evolve > Enable > Excel

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AN OVERVIEW OF THE COMPANY

With a team of about 140+ experienced engineers/GIS &

Setting up of resource centers.

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performance modules are suitable for power

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As There is many subsidiary of the luminous industry so its help in the

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Fast changing in the technology

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History of the company

1992- Direct Sales of Luminous Inverters.

2004- Tez LPG Geyser Launched: January 2004

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Luminous iON Inverter Launched:August 2004

2005- Luminous Minimax Inverter Launched: February 2005

Mr. Rakesh Malhotra,CEO

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Vision and mission

Quality Policy / Processes

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Rakesh Malhotra - Founder

Mr. Malhotra, is the promoter of LETS. Mr. Malhotra is an Electronics Engineer by

Swarup Chakrabarti - CEO & Director

Dr. Prabhudatta Mohapatra - CEO, LETS Inc.

Dr. Mohapatra is an Environmental Scientist by profession and has about 25 years of

Manjit Sandhu - VP, Strategic Alliances and JV

Raja Mohanty - Sr. VP, Operations

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