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Jayshree Chemicals Ltd.

BSE Live

Apr 13, 16:00
4.17 0.28 (7.20%)
Volume
AVERAGE VOLUME
5-Day
8,990
10-Day
20,366
30-Day
17,009
10,160
  • Prev. Close

    3.89

  • Open Price

    4.06

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Dec 27, 11:22
NT* 0.00 (0.00%)
Volume
No Data Available
0
  • Prev. Close

    -

  • Open Price

    -

  • Bid Price (Qty.)

    - (0)

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Jayshree Chemicals is not listed on NSE

Annual Report

For Year :
2013 2012 2011 2010 2009 2001

Chairman's Speech

Dear Shareholder''s Our performance during the Financial Year 2012-13 may not be encouraging, but all this happened in the backdrop of challenging market conditions. We are pleased to report a healthy Sales figure of ? 136.26 Crores. The Caustic Soda production and Wind Power generation also zoomed significantly. Now begins the crucial lap of the journey which is expected us to take to newer orbits of green growth. Market scenario oFrom quite some time the Indian economy had consistently been an area of concern. Economic growth on an overall basis plunged to 9 years of lowest records, setting-off heated debates and arguments among policy makers and business leaders for the way ahead. A deeper look on this grim situation, gives us the exact realistic idea for such a dismal economic situation. Sluggish investments, policy inertia, persistent inflation, growing fiscal deficit, weakening rupee, global volatilities and so on. As a result, businesses are finding hard to assess and mitigate risks, realize their true potential and create value for stakeholders. Outlook for the Financial Year 2013-14 for the Indian economy seems to be cautiously optimistic. The recent moderation in global commodity prices is expected to augur well for both inflation and CAD. Additionally, the governments continued commitment towards fiscal and administrative reforms, alongwith expeditious execution, are bound to improve further growth prospects. All this is expected to usher a sustainable turnaround for the Indian economy in the Financial Year 2013-14. Performance overvie The performance made by the Company had not really been encouraging and appealing. In the backdrop of a challenging market scenario, we tried hard to give something positive and the result had been with a growth in our Sales figure but the dampening part was our Profit which was on the lower side due to rising power tariff as well as the finance cost. We are defeating expected and unexpected changes affecting our business operations, by implementing stable strategies and embracing agility. We thus continue to be one of the leading producers of Chlor-Alkali Chemicals in Eastern India. To tide over the challenges the Company is trying to achieve cent-percent capacity utilisation, alongwith controlling costs through new techniques, growing market share by moving ahead into newer domestic geographies. The Company is also evaluating the feasibility of adding new by-products of Chlorine for value addition and also ensuring the expansion of the plant in near future. Sound Corporate Governance We are committed to high standards in corporate governance and aim to implement best practices beyond compliance requirements. Our Board currently comprises of eight directors, including a majority of independent directors with varied expertise. The Company has also adopted various measures for a cordial working relation between the workers and the management. Workshops are being organized on a regular basis to impart training to the Company''s personnel and also to make them aware of the developments in the Industry. Corporate Social Responsibility As a socially responsible citizen, we have made significant steps to uplift the morale of the communities in the vicinity of our plant. Our effort involves a free homeopathy clinic, Jayshree Chemicals School maintained by the Company, various greening activities around the plant as well as donation of books and clothes in association with the Anand Ladies Club. Safety is also accorded the utmost priority at our Company. Through our continuous effort and dedication, the year didn''t report a single accident. Way forward I am grateful to the management team for their wise counsel and enthusiastic participation in our journey. Thanks to all members of the Jayshree Chemicals Limited family for their heart-warming encouragement and support. We are fully geared for a sustainable green growth in the years to come. Best wishes, SKBangur