The Directors hereby present the 22nd Annual Report of the Company
 together with the audited statement of accounts for the year ended 31st
 March 2011.
 
 1. Financial Results:
 
                                            Year ended        Year ended
 Particulars                                 31.3.2011         31.3.2010
                                        (Rs. in lakhs)    (Rs. in lakhs)
 
 Sales and other Income (Gross)                6716.20           5606.75
 
 Profit before depreciation and Interest        891.53            789.83
 
 Interest                                       333.53            331.96
 
 Operating Profit / Loss                        558.00            457.87
 
 Depreciation                                   135.51            139.11
 
 Profit / Loss before taxes                     422.49            318.76
 
 Provision for taxation                          89.49             54.00
 
 Profit / Loss after tax                        333.00            264.76
 
 Less: Provision for Dividend/ Dividend Tax      70.88             56.89
 
 Add: Balance Profit brought forward            292.73            119.55
 
 from last year
 
 Deferred Tax                                    20.00            150.00
 
 Add/Deduct: MAT Entitlement Credit              30.51            115.31
 
 Balance carried to Balance Sheet               504.35            292.73
 
 
 2. Operations :
 
 Our company has achieved gross sales of Rs.6636.25 lakhs during the
 year under review as compared to Rs.5545.23 lakhs during the previous
 year. The above figures are inclusive of job work income. The company
 has achieved EBITDA of Rs.891.54 lakhs as against Rs.789.83 lakhs
 during the previous year.
 
 3. Dividend:
 
 The Board recommends to the Shareholders for declaration at the ensuing
 AGM a dividend @ 10%, i.e., Rs.1 (Rupee One only) per share to the
 Equity Shareholders, subject to the approval of State Bank of India.
 The said Equity dividend shall result in a cash outflow of Rs.60.78
 Lakhs and dividend tax payable on the said equity dividend will amount
 to Rs. 10.10 Lakhs.
 
 4. Deposits:
 
 The company has not accepted any fixed deposits from the public.
 
 5. Directors :
 
 Smt. Manju Parakh retire by rotation and being eligible offer herself
 for re-appointment.
 
 6. Directors'' Responsibility Statement :
 
 In accordance with the provisions of Section 217 (2AA) of the Companies
 Act, 1956, your Directors confirm:
 
 1.  That in the preparation of the annual accounts, the applicable
 accounting standards have been followed by your company.
 
 2.  That the Directors have selected such accounting policies and
 applied them consistently and made
 
 judgments and estimates that are reasonable and prudent so as to give a
 true and fair view of the state of affairs of the company at the end of
 the financial year and of the profit or loss of the company for that
 period.
 
 3. That the Directors have taken proper and sufficient care for the
 maintenance of adequate accounting records in accordance with the
 provisions of the Companies Act, 1956 for safeguarding the assets of
 the company and for preventing and detecting fraud and other
 irregularities.
 
 4. That the Directors have prepared the annual accounts on a going
 concern basis.
 
 7.  Particulars Of Employees:
 
 Information as required under Section 217(2A) of the Companies Act,
 1956 as amended is not applicable .
 
 8.  Information Under Section 217(1)(E) Of The Companies Act, 1956 is
 furnished below: A.  Conservation of Energy:
 
 1.  Change of circuitry in the machines developed in house to reduce
 power consumption.
 
 2.  Power saving equipments have been installed on machines and there
 has been considerable reduction in power consumption.
 
 3.  Heater insulation jackets have been provided on the machines to
 prevent the energy losses.
 
 4.  Timers have been installed to reduce the idle running of the motors
 preventing energy losses.
 
 5.  Natural lighting is being used in all new plants to avoid usage of
 industrial lamps in the day.
 
 6.  APFC Panels have been installed in all plants to maintain power
 factor, thus ensuring efficient energy management.
 
 B.  Technology Absorption:
 
 Not applicable.
 
 9. Auditors:
 
 The Company''s Statutory Auditors M/s. C.A.Patel & Patel, Chartered
 Accountants, Chennai retire at the conclusion of this Annual General
 Meeting and are eligible for reappointment.
 
 10. ACKNOWLEDGEMENT:
 
 Your Directors place on record their appreciation of the co-operation
 and support extended by the customers, suppliers, employees and
 assistance received from State Bank of India, Local Bodies and other
 Government authorities.
 
                                          On behalf of the Board
 Place : Chennai                 For National Plastic Technologies Ltd
 
 Date  : 12-08-2011
 
                                                   Sd
                                                Chairman