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Bengal Tea & Fabrics Ltd.

BSE: 532230 Sector: Industrials
NSE: BENGALTEA ISIN Code: INE665D01016
BSE 00:00 | 22 Mar 43.00 1.15
(2.75%)
OPEN

43.90

HIGH

43.90

LOW

43.00

NSE 05:30 | 01 Jan Bengal Tea & Fabrics Ltd
OPEN 43.90
PREVIOUS CLOSE 41.85
VOLUME 12
52-Week high 61.70
52-Week low 37.10
P/E
Mkt Cap.(Rs cr) 39
Buy Price 42.00
Buy Qty 1.00
Sell Price 43.80
Sell Qty 490.00
OPEN 43.90
CLOSE 41.85
VOLUME 12
52-Week high 61.70
52-Week low 37.10
P/E
Mkt Cap.(Rs cr) 39
Buy Price 42.00
Buy Qty 1.00
Sell Price 43.80
Sell Qty 490.00

Bengal Tea & Fabrics Ltd. (BENGALTEA) - Chairman Speech

Company chairman speech

Dear Shareholders

The past year has been notable as the Company has been able to return to profitability.This is due to the increased turnover and significant reduction in the interest burden.The order backlog is healthy.The Company has received orders worth over Rs.680 croresduring the year mainly in the Water segment. The consolidated order book of the companystands at Rs. 2688 Crores which gives good visibility for the next couple of years.

There has been a substantial increase in investments by the government both at thecentre and the states in infrastructure development. Projects in the road and water sectorhave been the particular focus. This has had a significant positive impact on our orderinflow. This has compensated for the slowdown in capex in the steel and power sectors. Theprogress on the international project is also satisfactory.

The outlook is promising and we can look forward to sustained business in the comingyears.

At this juncture I wish to express my gratitude and appreciation towards ouremployees customers business associates suppliers and bankers who have stood by usduring these trying times. Lastly I would like to thank our shareholders for theirunstinted support.

Yours sincerely

P D Karandikar (Din No.02142050)

Chairman