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PB Global Ltd.

BSE: 506580 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE615W01011
BSE 05:30 | 01 Jan PB Global Ltd
NSE 05:30 | 01 Jan PB Global Ltd

PB Global Ltd. (PBGLOBAL) - Chairman Speech

Company chairman speech

Dear Shareholders

It gives me pleasure to present to you a record performance on the fiscal front duringFY 2016-2017. I am happy to announce that despite the challenging domestic businessenvironment your Company has achieved record consolidated revenue of Rs 652.55 croresrepresenting a growth of 31% over the previous year. EBIDTA and PAT have shown a steadygrowth of 3% and 17% respectively.

This remarkable financial performance is the result of steadfast dedication towardsgrowing your Company into a market leader in the chemicals distribution and consumerelectronics supply chain industries. Both divisions are growing at an accelerated pacewith the company registering a 5 Year CAGR of 46%. This can be attributed to the enhancedscale of operations brought about by geographical expansion across the country withmarketing offices and depots in all major cities.

I am happy to inform that during FY 2016-2017 your Company has expanded its reach tointernational markets by setting up a trading subsidiary in Hong Kong and step-downsubsidiary in United Arab Emirates. This will enable your Company to increase its scaleand scope of operations.

All these achievements would not have been possible without the whole-hearted supportof loyal partners exceptional human capital and dedicated shareholders. I thank allcustomers vendors bankers and employees for their unwavering support and belief.

Om Prakash Berlia

Managing Director