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Samtex Fashions Ltd.

BSE: 521206 | NSE: | Series: NA | ISIN: INE931D01020 | SECTOR: Textiles - Readymade Apparels

BSE Live

Nov 30, 12:30
3.83 0.18 (4.93%)
Volume
AVERAGE VOLUME
5-Day
52,701
10-Day
45,561
30-Day
69,713
8,323
  • Prev. Close

    3.65

  • Open Price

    3.83

  • Bid Price (Qty.)

    3.83 (701021)

  • 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.)

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Samtex Fashions is not listed on NSE

Annual Report

For Year :
2016 2015 2014 2013 2012 2011 2010 2009 2008

Director’s Report

ANNUAL REPORT 2005-2006 DIRECTOR'S REPORT To, The Members, Your Directors' have pleasure in placing before you the 13th Annual Report together with the Audited Accounts of the Company for the year ended 31st March, 2006. FINANCIAL RESULTS: Rs. In Lacs PARTICULARS 2005-2006 2004-2005 Sales and other Income 6482.43 4541.60 Profit before tax, interest, depreciation and 586.87 375.30 write off Interest & Financial Expenses 168.74 176.48 Depreciation 114.12 105.54 Profit Before Tax 304.01 93.28 Provision for Taxation 47.04 10.07 Deferred Tax Assets/(Liabilities) 2.10 8.22 Profit after Tax 251.45 74.99 Balance of Profit from Previous Year 2214.81 2139.81 Balance of Profit carried forward 2466.26 2214.81 REVIEW OF OPERATIONS & FUTURE PROSPECTS: The year under report was marked with excellent performance with substantial growth in top line and especially in bottom line. Your Directors have pleasure in reporting that Turnover and Income for the year have increased to Rs.6482.43 lacs as against Rs.4541.60 Lacs in the previous year which shows a growth of 43% and Net Profits to Rs.251.45 lacs as against Rs.74.99 Lacs in the previous year which shows a growth of 235%. The Company has undertaken expansion program for its existing Plant at Noida with a project cost of Rs.17.37 cr and Industrial Development Bank of India Ltd., has sanctioned e term loan of Rs.12.25 cr to finance the project and the remaining cost will be met out of the internal generation and mobilization of equity capital which has already been managed thru allotment of 30,00,000 equity shares of Rs.10/- each at a premium of Rs.8/- per share. Part of the preferential issue will be utilized for working capital needs and the part of it shall be utilized for expansion project. Your Company had come up for issue of 31,00,000 Equity Shares/Zero Coupon optionally convertible Warrants (ZCW) of Rs.10/- each at a premium of Rs.8/- each, on preferential issue basis. As on date 30,00,000 no. of Equity shares from conversion of fully paid up ZCW have been allotted to the respective allottees and have been listed at Bombay Stock Exchange Ltd., Mumbai.

Director’s Report