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Texmo Pipes and Products Chairman's Speech > Engineering - Heavy > Chairman's Speech from Texmo Pipes and Products - BSE: 533164, NSE: TEXMOPIPES
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Texmo Pipes and Products
BSE: 533164|NSE: TEXMOPIPES|ISIN: INE141K01013|SECTOR: Plastics
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« Mar 11
Chairman's Speech (Texmo Pipes and Products) Year : Mar '12
Dear Share Holders,
 
 First of all, I express my sincere gratitude to all the members of this
 Organization  for their co- operation and having faith & trust on me.
 I am happy to inform you that Your Company has spread its wings across
 the length and breadth of India and has made its presence in many
 states. We are proud of our continuous growth and prosperity that
 reflects our sense of vision -to be a significant player in the agro
 and construction solution based industry. To embark on a journey of
 success one needs the tools of preparedness, foresight and strategy
 which lead to the path of growth and high quality operation. It made
 new benchmarks in quality, productivity and customer satisfaction The
 Company showed remarkable flexibility and adaptability during its
 journey. It met changing customer requirements by offering relevant
 products from time to time and expanded its sales and service network
 across the country.
 
 Your Company achieved a record turnover exceeding Rs. 16526.19Lacs
 resulting the growth of23.55% over the previous year and will continue
 this trend with all sincerity in the current year as well. However
 Comparing to Previous F. Y during this F. Y 2011-12 our new product
 line has shown a remarkable growth in Fittings sales and similarly in
 Drip Irrigation System sales increased by208%
 
 During 2011 - 2012, we stepped up our commitment to build
 organizational capacity, management bandwidth and the ability to
 execute our initiatives. This is a critical commitment that we are
 making to build a process and performance based organization with a
 shared vision. With a very strong brand image in the market your
 company is operating in six states and is planning for a Pan India
 presence. The company has a strong dealer network of more than 400
 dealers and is continuously expanding its reach. The cost
 competitiveness and high quality of the products of your company
 ensures healthy demand of the company''s product in the coming year
 also. Company is launching new products to increase its portfolio and
 to gain competitive advantage.
 
 Your company''s Transportation is engaged in the road haulage business
 with its base in Burhanpur serving and providing direct transportation
 to all major cities and enjoying the trust, confidence and reliability
 of our valued clients and there is huge reduction in dependency on
 outside transport agency at the time of seasonable sales.
 
 Addition of vehicles during the year: 3
 
 Total vehicles in the current year: 18
 
 Last but not the least; I sincerely thank you on behalf of the company
 for your support. None of the above would have been possible without
 the enthusiastic efforts & support of all my Board members, Suppliers,
 Customers, Bankers, various Governments - semi government
 organizations, employees & Fellow shareholders.
 
 I assure you that the company will witness a tremendous growth with a
 positive financial impact in near future. Once again, I express my
 sincere gratitude towards all for imposing great deal of faith &
 confidence in me and hope the same will be continued in future also.
 
 With Best Wishes
 
 Sanjay Agrawal (Chairman)
Source : Dion Global Solutions Limited
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