You are here » Home » Companies » Company Overview » KKalpana Industries (India) Ltd

KKalpana Industries (India) Ltd.

BSE: 526409 Sector: Industrials
NSE: N.A. ISIN Code: INE301C01028
BSE 10:05 | 26 Apr 36.75 -0.75
(-2.00%)
OPEN

39.00

HIGH

39.00

LOW

36.75

NSE 05:30 | 01 Jan KKalpana Industries (India) Ltd
OPEN 39.00
PREVIOUS CLOSE 37.50
VOLUME 501
52-Week high 54.50
52-Week low 25.05
P/E 22.97
Mkt Cap.(Rs cr) 346
Buy Price 36.70
Buy Qty 150.00
Sell Price 38.30
Sell Qty 100.00
OPEN 39.00
CLOSE 37.50
VOLUME 501
52-Week high 54.50
52-Week low 25.05
P/E 22.97
Mkt Cap.(Rs cr) 346
Buy Price 36.70
Buy Qty 150.00
Sell Price 38.30
Sell Qty 100.00

KKalpana Industries (India) Ltd. (KKALPANAINDS) - Chairman Speech

Company chairman speech

Dear Shareholders

I heartedly welcome you to the 32nd Annual General Meeting of your company. The AnnualReport and the Directors’ Report for the year ended 31st March 2017 are with you andhope that you must have gone through it.

The Company achieved net revenue of Rs. 1957 Crores for the year 2016-2017 as againstRs.1876 Crores in the previous year. Proit after tax for the year is Rs. 25 Crores ascompared to Rs.11 Crores in the previous year. Consequent upon the impressiveperformance EPS doubled almost up to Rs. 2.74 as against Rs. 1.21 during the previousiscal.

The Indian economy achieved GDP of 7.1% in 2016-2017 against all odds against 7.6% in2015-16. However the macro economic fundamentals are strong in terms of Inlation controldeicit iscal deicit and current account

Even Forex reserves are on upswing. The economic reform process has picked up velocityas 2017-18 a landmark year in as much as introduction of GST by the Union Governmentradical step to demonetize high value currency the large scale mobilization of Jan DhanYojna the direct transfer scheme and the rapid progress in highways and electriication.It is presumed that effect of implementation of GST will add atleast 2% in the GDP growthrate.

Your company has one of the best operation matrix in the plastic industry in India.Your company produces various grades of compounds used in a number of different kinds ofindustries. I am proud to mention that your company has an impeccable brand image.

Your directors have not recommended any dividend for the year ended 31st March 2017.

I have tremendous faith in your company’s team of dedicated professionals and Iknow that they will leave no stones unturned in their continuous quest to take the companyto new heights to serve our society and you our shareholders.

As always may I once again on behalf of the Board thankyou for your unstinted andcontinued support and encouragement.

Thankyou.

With Best Regards

NarrindraSuranna DIN:00060127

Chairman & Managing Director

Date: 30th May 2017

Kolkata