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Eon Electric Ltd.

BSE: 532658 | NSE: EON |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE076H01025 | SECTOR: Electric Equipment

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BSE Live

Feb 17, 16:00
12.85 -0.38 (-2.87%)
Volume
AVERAGE VOLUME
5-Day
824
10-Day
958
30-Day
1,461
100
  • Prev. Close

    13.23

  • Open Price

    12.85

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Feb 17, 15:40
12.50 -0.05 (-0.40%)
Volume
AVERAGE VOLUME
5-Day
7,608
10-Day
9,385
30-Day
10,158
5,302
  • Prev. Close

    12.55

  • Open Price

    13.00

  • Bid Price (Qty.)

    12.50 (94)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2018 2016 2015 2014 2013 2011 2010 2009 2008

Chairman's Speech

Dear Shareholders

Warm greetings....!!!

We are pleased to inform you that your company EON Electric Ltd. has established its credentials effectively as one of the leading players in the LED based Lighting and Luminaires, energy efficient Fans, Wires and Cables, and other Electrical Products in India.

With BO years of rich legacy, we continue to be guided by our Core Values to achieve consistent growth and higher standards of customer delight and satisfaction and are committed towards making the best quality products at affordable and competitive prices without compromising on their quality and performance through continuous Innovation, modernisation, and adoption of best practices conforming to global standards.

In line with the Nation’s Vision to ensure Electricity for AN by promoting the use of energy efficient products for Lighting, we are committed to produce and deliver these LED Lighting products across the country for Street Lights, as also for residential, commercial and industrial Lighting. Given our Government''s thrust on energy efficiency, energy savings and its Make in India program, the manufacture, supply and installation of LED based Solar Street Lighting system were identified as the key areas. We have successfully installed over 4 lacs LED Street Lights by replacing the conventional Sodium / Mercury Vapour and other lighting systems with state-of-the-art LED Lighting systems under our Nation’s program promoted by Energy Efficiency Services Ltd. CEESL], the prime Government of India organisation, incorporated for this purpose.

In spite of the challenging business environment during 2017-18 on account of the after impacts of de-monetisation and uncertainty due to the implementation of GST, we are poised for our continued growth in the coming years . We are intensely working on augmenting our distribution network for consumer products like LED based lighting, luminaries, fans, water heaters and wires and cables under our brand name Eon so as to provide energy efficient electrical solutions to the households and institutional consumers across the country and thereby enhance the value for our stakeholders.

I am very optimistic about EON''s growth in the future, committed to all our stakeholders and to the communities we work for sustainable, profitable growth, with continual community engagement.

I take this opportunity to thank all our stakeholders for their attachment and trust and confidence reposed in us.

Thank you all for your consistent support which I heartily appreciate and cherish.

With kind and cordial regards,

VR Mahendru

Chairman - Managing Director