MEDI-CAPS UNIVERSITY

Industrial Training
ON
“FINANCIAL PERFORMANCE OF TEACHNOOK LIMITED
BENGALURU”

Submitted As Partial Fulfilment For

Degree of B.com[Hons]
To
Medi-caps University, Indore
December, 2024

Submitted To- Submitted By-

Dr. Rishika Shukla Aarti Kumari
Assistant Professor CM22CM301121
Department of Commerce
Medi-caps University
 PREFACE

Research studies play a pivotal role in expanding an

individual’s knowledge base. Practical knowledge serves as a
vital complement to theoretical understanding. Classroom
teachings are most effective when integrated with practical
research scenarios. This alignment underscored the
importance of research reports, which are indispensable to
the curriculum and hold significant value in the domain of
management. In this study, considerable effort has been
made to ensure the report meets the highest standards.

This study contribute in any way to breaking new ground in

enhancing the recruitment and operational strategies of
Teachnook limited company, our efforts will be deemed
fruitful. Through the forthcoming pages, an attempt has been
made to present a comprehensive report covering various
aspects of the study, aiming to provide meaningful insights
and value to the organization.
 CERTIFICATE

This is to certify that Aarti Kumari student of B.com(hons)

5th semester Medi-caps university has worked on the project
“Financial performance of teachnook ltd.” Under the
supervision of “Dr. Rishika Shukla” assistant professor
department of commerce, Medi-caps university, Indore.

Place: Indore Name of Supervisior

Date: Dr.Rishika Shukla
 DECLARATION

I am, student of B.com(hons) 5th semester, declare that the

project entitled “ Financial performance of teachnook
ltd” is prepared under the guidance of Dr. Rishika Shukla.

The source of information collected is given in the end of the

report. All the information given in the project is true and
correct to the best of my knowledge.

Place: Indore
Date: (Signed)
Name- Aarti Kumari
Enrollment No.-CM22CM301121
 ACKNOWLEDGEMENT

I am student of Medi-caps university covey our sincere

thanks to Dr. Rishika Shukla for providing us support for
report. Under his guidance, we completed this report
successfully. His sincere suggestion helped us greatly in
bringing out this work at its present shape.

Above all thanks to Medi-caps university for providing ma an

opportunity for showing my talent.

Aarti kumari
CM22CM301121
 INDEX

S.NO PARTICULAR PAGE NO

1. Preface
2. Certificate
3. Declaration
4. Acknowledgement
5. Introduction 1-5
1.1 overview of the topic
6. Objective 6
7. Review of literature 7-16
8. Research methodology 17-18
9. Suggestion 19
10. Conclusion 20
11. Scope 21
12. Limitations 22
13. Bibliography 23
14. Certificate of internship 24
 INTRODUCTION
Overview of the topic
The analysis of financial statements is the process of
evaluating the relationship between parts of the financial
statements to obtain a better understanding of the firms’
performance and position. Financial statements are annual
documents prepared by the organization for periodical
review on the progress by the management and deal with
the status of investment in the organization and results
achieved during the period under review. Finance is the
lifeblood of every business enterprise. It is one of the basic
foundations of all kinds of economic activities. The objective
of financial management is the maximization of profit. To
achieve this objective, various important decisions are taken
by the manager. Analysis of financial performance is essential
for making a business decision. This term is also used as a
general measure of a firm's overall financial health over a
given period and can be used to compare similar firms across
the same industry or to compare industries or sectors in
aggregation. There are many different ways to measure
financial performance, but all measures should be taken in
aggregation. Line items such as revenue from operations,
operating income, or cash flow from operations can be used,
as well as total unit sales. Furthermore, the analyst or
investor may wish to look deeper into financial statements
and seek out margin growth rates or any declining debt. The
analysis of financial statements is an important aid to
financial analysis.
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This project is done at teachnook Limited. Teachnook Limited
is a leading global information technology, consulting, and
business process services company. It harnesses the power of
cognitive computing, hyper-automation, robotics, cloud,
analytics, and emerging technologies to help our clients
adapt to the digital world and make them successful. A
company recognized globally for its comprehensive portfolio
of services, strong commitment to sustainability, and good
corporate citizenship. Together, it discovers ideas and
connects the dots to build a better and bold new future. The
study mainly focused on the financial performance of Wipro
Limited with special reference to liquidity position, long-term
solvency, and profitability position of the company by using
ratio, trend analysis, and common size statement. These
studies also focus on the overall aspect relating to the
performance of Teachnook Limited.

2
 KAJAL DAVE
(Co-Founder & CBO)

Renu K B
(Corporate Relations Manger)

Bhawana Ikhar
(Senior Business Developer)

Anurag Cherakar
(Senior Business Development)
Associate)

Atul Kushwaha
(Business Development
Executive)

Gayatri Reddy
(Business Development Intern)

Jancy Suresh
(Assistant Team Lead)

Karthik H K
(Project Intern)

Joseph Gijo
(Business Development
3 Trainee)
MISSION
Our Roadmap start with our mission, which is enduring. It
declares our purpose as a company and serves as the
standard against which we weigh our actions and decisions.
We provide opportunities for growth and enrichment to our
employees, our business partners and the communities in
which we operate. And in everything we do, we strive for
honesty, fairness and intergrity.

VISION
Their vision is to create pioneers for the future by offering a
comprehensive e-learning program with a carefully curated
curriculum. This curriculum helps students develop skills
from scratch and advance their through guidance from
industry experts.

4
VALUES
Our values serve as a compass for our action and describe
how we behave in the world.

QUALITY POILCY
We, the employees of TEACHNOOK LIMITED BENGALURU
are committed towards. “TOTAL CUSTOMER
SATISFICATION” through their mentorship programs,
courses and other works, ahead of laid down time schedule
management system. We shall strive for excellence and
growth, both for the company as well as all its employees.

5
 OBJECTIVE

 To analyse and evaluate the financial performance

of teachnook lmt.

 To gain knowledge about the company process and

their working.

 Identify key departments and their roles in the

overall business operations.

 To analyse the business model and strategies of

teachnook limited.

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 REVIEW OF LITERATURE

FINANCIAL PERFORMANCE ANALYSIS

Financial performance analysis is the process of identifying
the financial strengths and weaknesses of the firm by
properly establishing the relationship between the items of
the balance sheet and the profit and loss account.
It also helps in short-term and long-term forecasting and
growth can be identified with the help of financial
performance analysis.

FINANCE
“Managing a firm’s finance is both an art and science. It
requires not only feel for the situation and analytical steel
but also a thorough knowledge of the technique and tools of
financial analysis and the knowledge to apply them and
interpret the results”.
“Finance is defined as the administrative function in an
organization which relate with the arrangement of cash and
credit to the organization to carry out its objectives as
satisfactory as possible”

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FINANCIAL MANGEMENT
Financial Management is that managerial activity that is
concerned with the planning and controlling of the firm’s
financial resources. A firm’s success and even survival
depend on its ability and willingness to maintain production
and investment in fixed or working capital are to a very
considerable extend determined by its financial policies both
past and present.

FINANCIAL STATEMENT
A financial statement is an organized collection of data
according to logical and consistent accounting procedures. It
may show a position at a moment as in the case of a balance
sheet or may reveal a series of activities over a given period,
as in the case of an income statement. The objective of
financial statements is to provide information about the
financial position, performance, and changes in the financial
position of an enterprise that is useful to a wide range of
users in making economic decisions.
The Main Financial Statements are:
 Balance Sheet: It is a statement showing all the assets
owned by the firms and represents all the liabilities
including the equities of owners and outsiders at a
particular time.
 Profit and Loss account: It shows the summary of
operations of a firm in a given period providing details of
revenue, cost, and profit.
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FINANCIAL ANALYSIS
It is the process of identifying the financial strength and
weakness of a firm from the available accounting data and
financial statements. The analysis is done by properly
establishing the relationship between the items of the
balance sheet and the profit and loss account.
OBJECTIVE OF FINANCIAL ANALYSIS
 To determine the debt capacity of the firm.
 To determine the long-term liquidity of the funds.
 To judge the solvency of the firm.
 To measure the efficiency of operations.
 To know the progress of the firm.
 To estimate the earning capacity of the firm.
LIMITATIONS OF FINANCIAL ANALYSIS
 Misleading results in the absence of absolute data:
Results shown by financial analysis may be misleading in
the absence of absolute data.
 Ignoring price level changes: The results shown by
financial statements may be misleading if price level
changes have not been accounted for.
 Ignoring qualitative aspect: Financial analysis does not
measure the qualitative aspects of the firm. E.g.: Skill,
Technical know-how, etc.

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TOOLS OR TECHNIQUES OF FINANCIAL ANALYSIS

(1) Comparative Statements

Comparative statements deal with the comparison of
different items of the Profit and Loss Account and Balance
Sheets of two or more periods. Separate comparative
statements are prepared for Profit and Loss Account as
Comparative Income Statement and for Balance Sheets.
Types of Comparative Statements:

Balance Sheet Income Statement

Comparative Balance Sheet

The financial condition of the business concern can be find
out by preparing comparative balance sheet. The assets are
classified as current assets and fixed assets for comparison.
Likewise, the liabilities are classified as current liabilities, long
term liabilities and shareholders’ net worth.
Comparative Income Statement
Three important information are obtained from the
Comparative Income Statement. They are Gross Profit,
Operating Profit and Net Profit.
(2) Common Size Statements
A vertical presentation of financial information is followed for
preparing common-size statements. The total assets or total
liabilities or sales is taken as 100 and the balance items are

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compared to the total assets, total liabilities or sales in terms
of percentage.

(3) Trend Analysis

The ratios of different items for various periods are find out
and then compared under this analysis. Though an analysis
may involve a large amount of data, there is no guarantee
that the results will be correct.
(4) Ratio Analysis
Ratio analysis is an attempt of developing meaningful
relationship between individual items in the balance sheet or
profit and loss account.The ratios are categorized as
 Liquidity ratio:It measures the ability of the firm to
meet its short-term obligations that is capacity of the
firm to pay its current liabilities as and when they fall
due.

 Current ratio: The current ratio measures the short-

term solvency of the firm. It is calculated by dividing
current assets by current liabilities.
Current Ratio = Current Asset/Current Liabilities

 Acid test ratio/ Quick ratio: It has been an important

indicator of the firm’s liquidity position and is used as a
complementary ratio to the current ratio.It is calculated
by dividing quick assets by the current liabilities.
Acid Test Ratio = Quick Assets/Current liabilities
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 Absolute liquid ratio/ Cash ratio: It shows the
relationship between absolute liquid or super quick
current assets and liabilities.
Absolute liquid ratio = Absolute liquid assets/Current
liabilities.

 Leverage ratio: The ratio is based on the relationship

between borrowed funds and owner’s capital it is
computed from the balance sheet.

 Proprietary (Equity) ratio: This ratio indicates the

proportion of total assets financed by owners. It is
calculated by dividing proprietor funds by total assets.
Proprietary (equity) ratio = Shareholder funds/Total
assets

 Total asset turnover: This ratio shows the firm’s ability

to generate sales from all financial resources committed
to total assets. It is calculated by dividing sales by total
assets.
Total asset turnover = Total Sales/Total Assets

 Net asset turnover: This is calculated by dividing sales

by net assets.Net assets represent total assets minus
current liabilities.
Net asset turnover = Total Sales/Net Assets

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 Fixed asset turnover: The ratio indicates the extent to
which the investments in fixed assets contribute
towards the sales.
Fixed asset turnover = Total Sales/Net Fixed Asset

 Current asset turnover: It measures how well a

company uses its assets to generate sales revenue.
Current asset turnover = Total Sales/Current Assets

 Gross profit ratio: It measures the relationship

between gross profit and sales.
Gross profit margin or ratio = Gross profit /Net sales
*100Gross Profit Margin or Ratio

 Net profit ratio: It measures the relationship between

net profit and sales of a firm.
Net profit margin or ratio = Earnings after tax /Net Sales
*100

 Operating profit ratio: It establishes the relationship

between total operating expenses and net sales.
Operating profit margin or ratio = Operating expenses
/Net sales *100

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 RESEARCH METHODOLOGY

METHODOLOGY OF THE STUDY

The study of financial performance of Teachnook Limited is
analytical and descriptive in nature using mainly secondary
data. Secondary data has been collected from the company
records, various magazines, journals, reports, and websites of
the company.
SOURCES OF DATA
 Annual reports published by the company.
 Company website
 Publications, Journals, and other official records
 Theoretical part from the reference books
DATA ANALYSIS TOOLS
The data of TEACHNOOK LIMITED used in this study has been
taken from secondary sources i.e., from published annual
reports of the company. Editing classification and tabulation
of the financial data, which are collected from the
abovementioned sources, have been done as per the
requirement of the study. For assessing the financial
performance analysis, in this study the following techniques
are used:
➢ Ratio Analysis: It describes the significant relationship
which exists between various items of a balance sheet and a
statement of profit and loss of a firm.

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➢ Trend Analysis: It is a technique of studying the
operational results and financial position over a series of
years.
➢ Comparative Analysis: These are the statements showing
the profitability and financial position of a firm for different
periods in a comparative form to give an idea about the
position of two or more periods.
➢ Common Size Statement: A common size financial
statement displays items as a percentage of a common base
figure, total sales revenue, or total assets, for example. This
type of financial statement allows for easy analysis between
companies, or between periods, for the same company. This
analysis is also known as ‘Vertical analyses.

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 SUGGESTION

 Company needs to be more focused on their employees

for better manpower utilisation.

 Company has maintained its profit margin good enough,

but a diminishing rate, so for more efficient return they
have to come up with better financial strategies.

 Focus on sustainability initiatives more to improve or

maintain the brand reputation.

 They have to more aware about their competitors.

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 CONCLUSION

After doing and internship I get the insight how the factory
work process started. Networking is important for building
our business. It provide comprehensive understanding of the
financial performance and analysis. It also set example how
company can full fill their goals while considering the
environmental benefits and think of social welfare. This
experience helps in understanding real world application of
financial performance analysis. Here the financial
performance of the company is satisfactory and it can be
improving. So, the company is having good financial
background.

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 SCOPE

 The scope of study is identified after and during the

study is conducted.

 The main scope of the study was to put into practical

and theoretical aspect of the study into real life work
experience.

 The report has covered mainly the accounting division of

the company. Finally, I tried to give some
recommendations regarding companys financial
position.

 This project will provide a value insights to student on

the topic.

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 LIMITATIONS

 The analysis is limited to just couple of years of data

study.

 Limited interaction with the concerned head due to

their busy schedule.

 Very less information and time spent with company

staff.

 The financial data is sensitive in nature the same could

not acquire easily.

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 BIBLIOGRAPHY
Websites
• www.teachnook.com
• www.ibef.org
• www.wikipedia.com
• www.investindia.gov.in
• www.shodhganga.inflibnet.ac.in
Reports
 Teachnook. (2020). Annual report 2020.
 Market Research Reports. (2020). Edtech Market Report
2020-2025.
Books
 Kumar, V. (2019). Teachnook: Enhancing teacher
effectiveness through technology. Proceedings of the
international conference on educational technology, 1-8

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