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Bhansali Engineering Polymers Ltd.

BSE: 500052 Sector: Industrials
NSE: BEPL ISIN Code: INE922A01025
BSE 00:00 | 30 Sep 116.45 1.50
(1.30%)
OPEN

114.15

HIGH

117.80

LOW

113.90

NSE 00:00 | 30 Sep 116.65 2.00
(1.74%)
OPEN

115.15

HIGH

117.85

LOW

113.80

OPEN 114.15
PREVIOUS CLOSE 114.95
VOLUME 32947
52-Week high 221.80
52-Week low 98.00
P/E 6.04
Mkt Cap.(Rs cr) 1,932
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 114.15
CLOSE 114.95
VOLUME 32947
52-Week high 221.80
52-Week low 98.00
P/E 6.04
Mkt Cap.(Rs cr) 1,932
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Bhansali Engineering Polymers Ltd. (BEPL) - Chairman Speech

Company chairman speech

 

Chairman

Dear Shareholders

I feel extremely happy in presenting the Annual Report of the Company for fiscal 2022.The operational revenue (net) is Rs. 139395.00 lakh and PBT at Rs. 47208.64 lakh. Afteraccounting for taxes of Rs. 12263.30 lakh the profit from continuing operations is Rs.34945.34 lakh whereas the total comprehensive income is Rs. 34932.03 lakh indicating agrowth of around 5 percent.

The operations and the net profit have to be viewed in the global slowdown of economicactivity and the pandemic. The GDP growth of India according to the quick estimates hasbeen pitched at 8.7 percent for the year 2021-22. But for the last quarter of thefinancial year where the GDP growth was only 4.1 percent the economy would have performedmuch better exceeding 9 percent which was earlier estimated.

During the Russia-Ukraine war and even otherwise India’s prestige has soaredremarkably. Leaders of the major countries of the world have been seeking our PrimeMinister’s effective intervention on the Global stage. Quadrilateral SecurityDialogue (‘QUAD’) and BRICS are the examples.

In conclusion I would commend the tireless efforts made by the management under thedynamic leadership of Shri. B. M. Bhansali Managing Director. I would also like to placeon record the sincere efforts of the Board members. Finally my gratitude to theshareholders without whom the Company has little meaning.

I see India gaining in stature in the coming decades. By 2047 hundred years afterindependence India should be among the top three countries in the world economicallymilitarily socially politically and technology wise. Our Company will rise even higheras the years go by.

Thank you and Jai Hind.

M. C. Gupta

Chairman

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