Fatima Sugar Mills Ltd

EXECUTIVE SUMMARY
Sugar is one of the essential commodities of life and la!s
imortant role in the dietar! of human "eings# It is the cheaest
food for urchasing energ! as an Anna $%&%' of ruees( )ould "u!
*+* calorie )hen laid out on sugar as against ,-* for "read. %/0
for cheese and %-1 for mil2# In addition to an essential energ!# It
is the cheaest and most a"undant ure organic chemical
a3aila"le to so man! other industries as it is ut to a )ide 3ariet!
of industrial use# e#g# in hair tonics. shoe olishes. hotograhic
material e4losi3es. tanning leather and sil3ering mirrors etc# It
ser3es as a starting material for the s!nthesis of 3itamin 50. also#
There are di6erent sources from )hich sugar is manufacturing.
"ut sugar cane and sugar "eets are the main sources of the )ord
sugar sulies# Commercial sugar are also o"tained from other
lants such as male. alms. coconuts and ale etc "ut onl! in
negligi"le 7uantities. sugarcane. ho)e3er. furnished almost
t)o8third of )orld sugar sulies# Sugarcane. "esides sugar. !ield
man! other roduct li2e 9"er molasses. industriall! imortant
acids and 3alua"le ma4ise#
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Fatima Sugar Mills Ltd
Coman! :ro9le
Company Background
atima Sugar Mills Limited; is one of the signi9cant units
of Fatima <rou# The coman! is rinciall! engaged in
the "usiness of manufacture = sales of )hite re9ned
sugar and molasses $as a "!8rodct(# The coman! )as
incororated as a :u"l ic Limited Coman! in %-// and certi9cate
of commencement of "usiness )as granted in %-/-#
;F
The coman! is recogni>ed in the local and international mar2et
as a 9ne 7ualit! roducer of )hite re9ned sugar = molasses and
also holds a su"stantial share in the local mar2et# The coman! is
also engaged in the e4ort of )hite re9ned sugar and molasses
and is contri"uting to the national econom! in the form of foreign
e4change#
In ursuance to its 7ualit! consciousness. the coman! has "een
accredited IS?8-11% certi9cation "! S<S = U2as @ualit!
Management and <M:8%, certi9cation "! S2al International.
Mem"er of Control Union Aorld <rou# The coman! has 3er!
clear goals and o"Becti3es and is stri3ing to achie3e cometiti3e
ad3antage "! adoting latest technolog! = inno3ations. consistent
training of its technical sta6 in the 9eld of sugar industr! and
through aroriate strategies#
Fatima Group
Fatima Fertili>er Coman! Ltd#
:a2ara" Fertili>ers Ltd#
Reliance Aea3ing Mills Ltd#
Fatima Energ! Ltd#
Fatima Sugar Mills Ltd#
:a2istan Mining Coman! Ltd#
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Fatima Sugar Mills Ltd
Cororate Information
Board Of Directors
Mr# Fa)ad Ahmed Mu2htar Chairman
Mr# Fa>al Ahmed Shei2h
Mr# Faisal Ahmed Mu2htar CE?
Chief Financial Ofcer: Mr# Mu2htar Ahmad 5aloch
Company Secretary: Mr# Amanullah Chan
Muhammad Younus Executive Director
Head Ofce:
0 Floor. Trust :la>a. L#M#@ Road. Multan
Tel# DoE 1'%8+*%01,%80. 1'%8+*+'0,/
Fa4 DoE 1'%8+*%%'FF. 1'%8+*/+0//
e8mailE mu2htar#"al ochGfatima8grou#com
Registered Ofce :
E8%%1. Cha!a"an8e8 Hinnah. Lahore Cantt#
Tel# DoE 1+08%%%8,0/8+'0
Mills ddress :
Fa>al <arh Sana)an. Tehsil Cot Addu. Iistrict Mu>a6argarh#
Tel# DoE 1''800'*1+%08+
Fa4 DoE 1''800'1*%*
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Fatima Sugar Mills Ltd
Vision:
The Coman! Vision is to transform into a modern and d!namic
industr!. highl! indulgent in the )ell "eing of the in3estors.
)or2force and the agriculture communit! of the area#
To e7ui the coman! to la! a i3otal role on sustaina"le "asis in
the economic and social de3eloment of the countr! and rotect
the en3ironment#
Mission:
To gain and maintain leadershi in the sugar industr!#
Aim is to roduce the "est 7ualit! roducts )ith lo)est
ossi"le cost to "ene9t our customers#
In stri3ing to ser3e our sta2eholders "etter. goal is not onl!
to attain technological ad3ancements#
To inculcate the most eJcient. ethical and time tested
"usiness ractices in our management#
Focus is to )or2 )ith our farmers as artners de3eloing
their e4ertise and ro9ta"il it!# Ae continue to ursue
en3ironment friendl! olicies and e6ecti3el! = eJcientl! use
all energ! resources aiming for >ero )aste and a clean
health! en3ironment in its 3icinit!#
M! E4erience as Internee
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Fatima Sugar Mills Ltd
atima Sugar Mills Ltd Is a art of Fatima <rou of
Industries. )hich is a romi nent industrial unit# Ahen I
entered )ithin such a "ig organi>ation. I )as ama>ed )ith
lot of things at the same time that I could not reali>e suddenl!#
5ut )ith the assage of time I )as a"le to ac7uaint )ith the
situation# I "ecame a committed erson# Some of the e4eriences
and o"ser3ations a"out Fatima Sugar Mills Ltd are discussed
"elo)K
F
%# To familiari>e )ith the di6erent deartments seciall! )ith
Accounting Ieartment#
0# To ena"le m!self to understand ho) the 2e! Accounting
rocess are carried out in organi>ation#
,# To understand ho) Accounting information is used in an
organi>ation for decision ma2ing at 3arious le3els#
+# To relate theor! )ith ractice#
*# To o"ser3e. anal!>e and interret the rele3ant data
cometentl! and in a useful manner#
'# To de3elo m! interersonal communication#
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Fatima Sugar Mills Ltd
Financial Anal!sis
!"#$"D"%& '!&S"S
It sho)s the 9rmL a"ilit! to a! its short8term o"ligati on on
time#
C$RR('% R%"O
)*++ )*+)
%E 1#/+times %E 1#-/times
The ratios sho) that the coman!Ls current lia"ilities and current
assets are almost e7ual# So the co# is in a osition to meet its
current lia"ilities on time#
#$"C, OR C"D %(S% R%"O
)*++ )*+)
%E 1#*-times %E 1#+/times
The coman!Ls 7uic2 ratio has increased# So the coman! is li7uid
osition is 3er! strong#
C%"-"%& '!&S"S
"'-('%OR& %$R'O-(R R%"O
)*++ )*+)
+#/times '#1times
.ROF"%B"!"%& '!&S"S
The eJcienc! of the 9rm can "e anal!>ed through its ro9ts#
GROSS .ROF"% R%"O
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Fatima Sugar Mills Ltd
)*++ )*+)
%*#*-M %*#,1M
R(COMM('D%"O'S
Seci9c Recommendations For The ?rgani>ationE
There should "e a safet! deartment in the coman! to
assure the safet! of the )or2ers#
A regular training rogramme should "e a ermanent olic!
of the management so as to ro3i de not onl! the re7uired
s2ill to emlo!ees "ut also to hel them 2eeing their s2ills
u to date#
5alance should "e at a distance of * 2ilo8meters from the
cutters
There should "e card s!stem for e3er! emlo!ee from heler
to manager for unctualit!#
Aages of )or2ers should not "e less than Rs %1111 er
month#
There should "e famil! 7uarters for all married )or2ers#
There should "e a high school and a college as )ell for "o!s
and girls in the factor! area#
There should "e transort facilit! for )or2ers )ithin the
district#
All the emlo!ees eseciall! those associated )ith
roduction should "e encouraged. and should "e in3ol3ed in
decision ma2ing and emo)ered to ma2e inno3ati3e
decisions# In this )a! emlo!ees can add to the organi>ati on.
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Fatima Sugar Mills Ltd
a lot# e#g# a ne) cost e6ecti3e roducti on techni7ue can
result in comarati3el! huge ro9ts#
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Fatima Sugar Mills Ltd
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