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Kkalpana Industries Ltd.

BSE Live

May 22, 16:00
13.70 -1.30 (-8.67%)
Volume
AVERAGE VOLUME
5-Day
1,167
10-Day
1,116
30-Day
2,284
529
  • Prev. Close

    15.00

  • Open Price

    15.70

  • 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)

  • Offer Price (Qty.)

    - (0)

Kkalpana Industries is not listed on NSE

Annual Report

For Year :
2018 2016 2015 2014 2013 2012 2011 2010 2001

Chairman's Speech

Dear Shareholders,, Warm greetings to you all; I heartily invite you all to the 29th Annual General Meeting of your Company and once again take this opportunity to present the excellent financials of your company for 2013-14. The plastic Industry faced considerable setback during the year 2013-14. Because of steep depreciation of rupee, which reached all time high, the polymer prices were very volatile which adversely affected the input cost your company resulting in thin margins. Despite these facts, the Company has reported highest ever sales turnover of Rs. 1245 Crores during the period under review. Profit after tax is marginally low. It stands at R s. 19.48 Crores as compared to Rs. 19.97 Crores in previous year. In fact, jump in i nput cost and financial costs were largely offset by improved operational efficiency. Your Company continues to march ahead in its vision to remain as the leading manufacturer of Polymer compounds in the country. You will be glad to know that your Company has diversified into new area of Flexible Packaging. The unit has been set up at Dankuni, West Bengal. The commercial production has already been started. Your company has also commenced full scale marketing activities with its target customers so that the plant would be able to deliver quality products to prospective customers in multiple segments in the shortest possible time. As a backward integration, Kalpena has also invested in manufacturing of Industrial Ink at Bhasa, West Bengal, where commercial production has already started. Both these activities will auger well for your company both in terms of top line an d bottom line. In its drive towards the strategic expansions, your Company has commissioned a new production unit at Surangi, with capacity of handling 200,000 TPA of its products. This unit is spread over an area of approximately 56000 square metres and having FSI available to the extent of 500,000 square metres of construction. The production capacities of Bhiwadi and Daman unit have been shifted to the new unit. The new unit produces various grades of Compounds which include XLPE, HFFR, Filled PP for furniture & appliances, Filled PE Compounds for antifab used for Woven Sack, White & Black Master Batches, Rigid and Flexible PVC Compound used for Cable insulation, Footwear & Pipe jointing and other value added compositions like Zero Halogen Fire Retardant Compound and Engineering Plastics. Your Company also has more expansion projects in pipeline for catering to the untapped regions to enlarge geographic footprint in various parts of the country. During this year, your company had hived off the Unit at Dhulagarh, West Bengal. This is due to the fact that the operation of that unit was not yielding desired profits because of high competition with unorganized sector coupled with high administrative costs and sluggish demand. The cash inflow from sale of the said undertaking will help to reduce the debt and strengthen the Company''s Balance Sheet. This will also support growth plans and ensure greater focus in other businesses of the Company. Today, your Company has one of the strongest operating matrix in the Plastic industry in India. With its cost competitiveness, quality products, a robust marketing distribution system and extensive network, your Company has reinforced its formidable brand image. Your Company has taken timely and adequate steps in the area of its financials to ensure healthy leveraging and availability of adequate financial resources to meet its ever growing aspirations. I am very happy to announce that your Directors have recommended a dividend of 12% for 2013-14 on paid up capital. Lastly, I sincerely wish to thank my colleagues on the Board, the dedicated Management team and employees at all levels for their unflinching support. I would also like to thank the Company''s shareholders, distributors, vendors and financial institutions for their unstinted support. With Best Regards, Narrindra Suranna Chairman & Managing Director Date 30th May, 2014 Kolkata