SUMMER INTERNSHIP PROJECT REPORT

On Long Term Funds

(Project done during the Period of 23rd June 2014 to 22nd August 2014 at
Jindal Saw Ltd., Bhikaji Cama Place, New Delhi)

Submitted To:
Col. K. Gurusamy

PROJECT REPORT PREPARED BY

Suraj Kumar
Roll.No. 20130152
PGDM 2013-15

OBJECTIVE OF THE STUDY

To have the brief knowledge about the Jindal Saw Ltd.
Company.
To know the Financial Position of the company.
To analyze the past five years performance of the Company
To know the market position of the Company.
To do the comparison with other competitors.
To know the turnover of the company.
To know the product details and export of the Company.
To have the Jindal Industries overview.
To know the Growth Plans of the Company

RESEARCH METHODOLOGY
The research report is done through the
Secondary data only which includes, Annual
Reports of the Company, Companys websites,
journals and other research papers.
Research type is a Descriptive type of
Research.

LIMITATIONS OF THE STUDY

Time constraints.

Lack of knowledge.
Limited availability of material.

PRODUCTS
Product

Outside Diameter (D)

(mm)

Wall Thickness(t)
(mm)

Hot Finished Carbon/

Alloy Steel Seamless 33.40 to 177.80
Tubes and Pipes.

3.38 to 25.00

Seamless Casing and

Tubing conforming to 60.30 to 177.80
API 5CT.

4.00 to 19.05

Seamless Drill Pipes

& Greens conforming 60.30 to 168.30
to API 5D.

6.45 to 12.70

Cold Finished
Carbon/ Alloy Steel
Seamless Tubes and
Pipes.

1.50 to 19.05

19.05 to 140.00

Annual Capacity

80000 MT

120000 MT

Anti Corrosion 3 LPE /

2 to 14 as per DIN 30670
FBE Coating.

20000 MT

1million SQM

LOCATIONS
Mundra I & II
Country: India
State: Gujarat
By Rail Nearest railway station at
Ghandhidham, Gujarat - 50 Kms.
By Road 15 Kms from the Gujarat State
Highway.
By Sea 6 Kms from Mundra Port (Gujarat)
Products LSAW Pipes (J-C-O Process)

Nashik
Country: India
State: Maharashtra
By Rail 50Kms.From Rail Head.
By Road 25 Kms. From the National Highway
(NH 8)
By Sea 200 Kms. From Mumbai Port
(Maharashtra)
Products SEAMLESS Pipes and Tubes

Kosi-Kalan
Country: India
State: Uttar Pradesh
By Rail Through Mathura 40 Kms
By Road On the National Highway No.2
Products LSAW Pipes (J-C-O Process) Large
Radius Bends & related Anti-corrosion
coatings

FINDINGS
The Company is Indias most diversified manufacturer and
supplier of pipe products for the energy, water industry and
other industrial applications.
Their customers include most of the worlds leading oil and
gas companies, municipal corporations as well as engineering
companies engaged in constructing oil and gas gathering,
water transportation system, power and automobiles
facilities.
Their principal products include (a) large diameter SAW pipes
(Longitudinal Submerged Arc Welded (LSAW) and Helically
Submerged Arc Welded (Spiral/ HSAW), (b) Seamless Tubes,
and (c) Ductile Iron (DI) pipes.

 They are one of the largest global producers of Ductile Iron

pipes with manufacturing facilities in India, UAE and Europe.
They have got major share in theMarket.
Companys major competitors are Welspun Corp, Mah
Seamless, Ratnamani Metal & APL Apollo.

Working Average Capital Cost

Year 2012-13
WACC = Weight of Equity * Cost of Equity + Weight of
Debt * Cost of Debt
= (11.38* 5524.54/93551.67+5524.54) +
(10.75*93551.67/935517+5524.54)
= (62869.2654/99076.21) + (1005680.4525/99076.21)
= 0.63 + 10.15
= 10.78 or 11 (approximately)
From the above calculation it shows the WACC of Jindal
Saw Limited for financial year 2012-13 is 11%.

Thank You
Any ??????