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Blue Blends (India) Ltd.

BSE: 502761 Sector: Industrials
NSE: BLUEBLENDS ISIN Code: INE113O01014
BSE LIVE 15:40 | 22 Sep 29.40 0
(0.00%)
OPEN

29.10

HIGH

29.95

LOW

28.80

NSE 15:31 | 22 Sep 28.95 -0.40
(-1.36%)
OPEN

29.45

HIGH

29.45

LOW

28.85

OPEN 29.10
PREVIOUS CLOSE 29.40
VOLUME 5950
52-Week high 69.65
52-Week low 28.60
P/E 8.72
Mkt Cap.(Rs cr) 61
Buy Price 0.00
Buy Qty 0.00
Sell Price 29.40
Sell Qty 12.00
OPEN 29.10
CLOSE 29.40
VOLUME 5950
52-Week high 69.65
52-Week low 28.60
P/E 8.72
Mkt Cap.(Rs cr) 61
Buy Price 0.00
Buy Qty 0.00
Sell Price 29.40
Sell Qty 12.00

Blue Blends (India) Ltd. (BLUEBLENDS) - Chairman Speech

Company chairman speech

In the past few years the denim market has witnessed a dynamic environment. The rapidpace of evolution in the denim market has led to an increased focus on innovation andre-invention. Our thought-driven strategies and long-term vision have enabled us to leadthis market revolution and strengthen our business model. The domestic and internationaldenim markets are witnessing a brisk demand upsurge in recent years due to increasedadoption of denim from the new generation especially youth. This demand growth has helpedus gain higher penetration in the domestic markets thereby reinforcing confidence in thequality of our products.

Over the past couple of years we have generated higher revenue from operations on theback of our expansion and modernisation plans. During the year we also initiated variouscost-containment measures which have started to bear fruits. Both operating and netprofit have improved over the past year. Our passion for excellence and core competencieshave helped us emerge stronger in a volatile economic environment.

In our consistent quest for success we have taken necessary steps for themodernisation and up-gradation of some of our machinery. Led by our modernisationinitiative we have increased our manufacturing capacity from 15MMPA to 18MMPA.Additionally we have inducted high-performance machinery which have been systematicallyconceptualised to save energy cost and increase productivity with improved ease of use.These efforts have enhanced our operational efficiency and strengthened our corecompetencies.

Our marketing team consistently receives inputs about the latest trends and fashion inthe marketplace. This feedback process helps our experienced team of fabric designers anddevelopment engineers to manufacture new and varied products suiting the requirements ofcustomers. Backed by robust processing prowess and a deep understanding of consumer tastesand preferences we have been able to create innovative product segments.

We recognise the need to conduct ethical behaviour while dealing with our stakeholders.We also ensure that all our employees are being treated fairly and equally. Additionallywe maintain the highest safety standards to provide a risk-free work environment to ourstaff.

The expected growth in demand will give us an opportunity to leverage our corecompetencies for maximising stakeholder wealth. With state-of-the-art manufacturingcapabilities and a visionary management team we are confident to reach new heights ofsuccess in the coming years. We would like to thank our shareholders for their trust inour capabilities and look forward to their continued support and guidance in exploringthis enticing growth journey.

Mr. Anand Arya

Chairman