You are here » Home » Companies » Company Overview » Emmsons International Ltd

Emmsons International Ltd.

BSE: 532038 Sector: Others
NSE: N.A. ISIN Code: INE073C01015
BSE LIVE 15:14 | 27 Oct 3.93 0.18
(4.80%)
OPEN

3.93

HIGH

3.93

LOW

3.93

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 3.93
PREVIOUS CLOSE 3.75
VOLUME 800
52-Week high 10.71
52-Week low 3.72
P/E
Mkt Cap.(Rs cr) 5
Buy Price 0.00
Buy Qty 0.00
Sell Price 3.93
Sell Qty 395.00
OPEN 3.93
CLOSE 3.75
VOLUME 800
52-Week high 10.71
52-Week low 3.72
P/E
Mkt Cap.(Rs cr) 5
Buy Price 0.00
Buy Qty 0.00
Sell Price 3.93
Sell Qty 395.00

Emmsons International Ltd. (EMMSONSINTL) - Chairman Speech

Company chairman speech

Mr. Anil Monga Chairman & Managing Director

Dear Stakeholders

I present to you the 22nd Annual Report of the Company. Your Company had seen severalrounds of the upsides and downsides of growth over a span of 22 years.The businessenvironment in the last few years has been very challenging as it may be for many.

Now I would like to share with you the performance of the Company and its future in aspirit of confidence and hope.

Your Company's core business segment is exports of Agro Commodities which wereadversely affected in financial year 2014-15. The price of Agro Commodities in DomesticMarket ruled higher than the price of Agro Commodities in International market due toMinimum Support Price (MSP) hence rendered exports un-remunerative. As a result IndianExports ofAgro Commodities including wheat soyameal and corn registered negative growthand noted decline by 37% in financial year 2014-15.

For the financial year 2014-15 your Company has on a standalone basis registeredtotal revenues of Rs. 761 Crores as compared to Rs. 1526 Crores in the previous yearreflecting a substantial decline and has incurred a Net Loss of Rs. 78.90 Crores ascompared to the Net Profit of Rs. 2.40 Crores in the previous year.The performance of theCompany should be considered in terms of depressed situation for export ofAgro Commoditiesin financial year 2014-15.

Keeping in view of the improve business sentiments the economy showing signs of bettergrowth in the coming years. Going forward we are optimistic about the performance andresult oriented approach subsequently your Company now looks to expand its basket ofproducts to rebuild its core business i.e export ofAgro Commodities.

Before concluding I would also like to thank all stakeholder for their kind and Wholehearted support to the Company and place my sincere gratitude to my colleagues on theBoard who spared considerable time and participated actively in the deliberations of theBoard with their in depth knowledge and guidance on various issues which greatlycontributed in taking appropriate decisions.

Thank you

Sd/-(Anil Monga)

Chairman & Managing Director