Working capital management is a business strategy designed to ensure that a company operates efficiently by monitoring and using its current assets and liabilities to their most effective use. Working capital management requires monitoring a company's assets and liabilities to maintain sufficient cash flow to meet its short-term operating costs and short-term debt obligations. Working capital management involves tracking various ratios, including the working capital ratio, the collection ratio, and the inventory ratio. Working capital management can improve a company's cash flow management and earnings quality by using its resources efficiently. The project is mainly focuses on the industry profile, company profile, SWOT analysis, annual report and about working capital and ratios. This article studies different department at the Arkay water products. The functions of each department and the organization in the company along with it covers the duties and responsibilities of all the staff members type of decision making followed by the mill and it also includes quality policy export oriented unit etc of the mill.