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Aditya Consumer Marketing Ltd.

BSE: 540146 Sector: Others
NSE: N.A. ISIN Code: INE427V01013
BSE 00:00 | 19 May 37.50 -1.50
(-3.85%)
OPEN

37.50

HIGH

37.80

LOW

37.50

NSE 05:30 | 01 Jan Aditya Consumer Marketing Ltd
OPEN 37.50
PREVIOUS CLOSE 39.00
VOLUME 24000
52-Week high 71.40
52-Week low 30.25
P/E 3750.00
Mkt Cap.(Rs cr) 55
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 37.50
CLOSE 39.00
VOLUME 24000
52-Week high 71.40
52-Week low 30.25
P/E 3750.00
Mkt Cap.(Rs cr) 55
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Aditya Consumer Marketing Ltd. (ADITYACONSUMER) - Chairman Speech

Company chairman speech

My Dear Shareholders

A very warm welcome to all of you. These are unprecedented times and I hope you andyour family members are safe and in good health. It is once again my pleasure to greet youall at the 19th Annual General Meeting of Aditya Consumer Marketing Limited.

For the second year in a row we are missing having physical presence of ourshareholders in AGM because of the COVID-19 pandemic. However we are thankful totechnology which has enabled all of us to participate virtually in the AGM from the safetyof our homes.

We all know that Covid-19 pandemic has taken a toll on humanity globally. Its scaleseverity and geographical spread have never been experienced before in almost a century.It has filled the hearts of all Indians with enormous pain and grief. My heart goes out tothose whose lives and livelihoods have been marred by this unforeseen event. At the sametime 1 must express my heartfelt gratitude to all the frontline workers who went aboveand beyond their call of duty to serve humanity.

Today I and my colleagues on the Board offer our respects and heartfelt condolences toall those in our Society and Country who have lost their loved ones to this pandemic.

We now present to you our business performance for the year ended March 312021 whichhas already been circulated to you. With your permission 1 would like to take them asread.

Our business performance and financial success since the last ACM have not exceeded ourexpectations due to ongoing pandemic. But I shall come to that later in my address.

What has given me far greater happiness than our business performance is our Company's"ACML" humanitarian efforts during these exceedingly difficult times. 1 feelboth proud and humbled to share with you that throughout the COV1D-19 crisis our ACMLFamily has risen to the occasion with a sense of purpose and national duty. Our entireorganization has become energized with the spirit of service.

Every single ACML employee has participated - directly or indirectly - in the Fightagainst COVID-19 and become a Goodwill Ambassador of ACML family and we can proudly saythat.

YES WE CARE for our Employees and their Families. WE CARE for our Customers ourShareholders and our Partners. WE CARE for the Country and the Community at large.

Many of our ACML family members have fought this battle from the frontlines -whichincludes9to 9 Super Market workers Restaurants workers and our delivery boys we havethe deepest gratitude and highest admiration for each and every one of them.

Our organization was amongst the first in Bihar to organize vaccination camp in themonth of une for all the employees and their family members. Today we can confidently saythat each of our ACML family members is vaccinated with at least one dose of COVID-19vaccine. I must also take this opportunity to thank the Government of Bihar without whosesupport this vaccination drive would not have been possible.

This Covid-19 pandemic has impacted our expectation of growth and profitability inH1FY2020-21 and we have incurred a loss of Rs. (2.40) crore. But in this challengingenvironment we have added one new outlet of Yo! China at Darbhanga. Despite of thethreats company earned net revenue of Rs. 49.37crore In the H2 FY 2020-21 and a net profitof Rs. 2.42 crore in comparison to HI FY2020-21 there is an increase of profit with 100%.It shows that our team has worked hard and worked as frontline workers to provide doorstep service in this pandemic.

A-Quick Review of Financial Perfombincejpxtlie FY 2Q2Q-21

Gross Revenue of Rs. 104.29 Crore & Net Revenue of Rs.93.71 Crore.

Net Profit of Rs.0.01 crore

> Earnings Per Share- Rs. 0.01

> New Store Addition- 5'" Outlet of Yo! China ^ EBITDA- Rs.2.28 Crore

Our profitable business segments like food & beverage. Banqueting and beauty &wellness suffered the most during Covid-19 pandemic as social distancing norms andgovernment notified lockdown compelled us either to remain shut or operate with limitedhours and days for most of time during the year. Pandemic and restrictions completelymarred the marriage season and overall demand for banqueting catering and beauty/grooming demand dried up and most of our bookings were cancelled. However as per ourcustomer-oriented policy we made full refund of deposits/ad vances for hundreds of bookingcancelled during this period our profitability took a hit as sales these profitablebusiness segments suffered the most which are crucial to our profitability of overallbusiness bouquet. However our supermarket business did very well which increased ourcustomer base and translated into increased sales and Company earned Net Revenue ofRs.93.71 crore against Rs.83.32 crore in the last year. Our same stores sales growth stoodat healthy 12.47% YOY due to increased business of supermarket.

ACML has set a vision for the FY 2021-22:

> Give people of Muzaffarpur the shopping experience of 9to9 Super Marketexperience of 9to9 Salon & Spa and eating experience at our Take-Away-Express withbanqueting.

> Provide a safe shopping experience to our customers and a safe working environmentto all our employees.

> Third vision is to provide online shopping facility whole year to our esteemedcustomers.

> Fourth one is moving into other districts of Bihar and opening new units of theCompany.

Vote of Thanks

Post COVID-19 pandemic India will emerge stronger and more resilient. Indian economywill be on the double-digit growth path sooner than expected and prosperity andopportunities will be created for all.

I also extend my heartfelt thanks to the Central and State Governments shareholderslenders suppliers and customers for their consistent and resolute support during thisdifficult period which has continued in Q1 & Q2 FY22.

I would also like to thank all my colleagues on the Board for their insight in thiscrucial phase of our growth their support and immense encouragement.

Last but not least want to say few words....

"Coming together is a beginning. Keeping together is progress. Working together issuccess."

"And hope that we will work together and will achieve our expectations next yearwith better opportunities"

Thanks

Yashovardhan Sinha

Chairman & Managing Director

DIN-01636599

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