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Bhansali Engineering Polymers Ltd.

BSE: 500052 Sector: Industrials
NSE: BEPL ISIN Code: INE922A01025
BSE 00:00 | 12 May 157.35 -4.60
(-2.84%)
OPEN

161.95

HIGH

162.75

LOW

156.95

NSE 00:00 | 12 May 157.30 -4.60
(-2.84%)
OPEN

161.50

HIGH

162.90

LOW

157.00

OPEN 161.95
PREVIOUS CLOSE 161.95
VOLUME 178762
52-Week high 179.00
52-Week low 34.20
P/E 7.83
Mkt Cap.(Rs cr) 2,610
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 161.95
CLOSE 161.95
VOLUME 178762
52-Week high 179.00
52-Week low 34.20
P/E 7.83
Mkt Cap.(Rs cr) 2,610
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

Dear Shareholders

As of now the economy is in the midst of the biggest catastrophe over100 years Covid-19 pandemic. The magnitude of the pandemic has resulted in socioeconomicdisruption fear and the tragic loss of human lives. The current fall in economic activityis at a level never seen in previous recessions. The discovery of a vaccine seems to bethe only way out and till such time it is likely to be a turbulent drive with acontinuous stop-start rhythm and following strict health practices and frequent lockdowns.

In the past all of us have gone through the economic crises and eachtime we emerged stronger and bounced back. I am hopeful that Covid-19 calamity will alsopass and in the near future a new wave of business energy will be unleashed. This AGMthrough video conferencing is an aberration. We do hope that the 2021 AGM will be anormal event.

I feel pleased in presenting the Annual Report of the Company forFiscal 2020. The Operational Revenue (net) stood at Rs 110433 lakh and PBT at Rs 8261lakh. After considering the provision for tax of Rs 1578 lakh the profit from continuingoperations was Rs 6682 lakh whereas the total comprehensive income was Rs 6730 lakh.

We are fairly optimistic as we look at the future.

While concluding I would like to place on record our deep appreciationfor the efforts put in by the Management team under the dynamic and strong leadership ofthe Managing Director Shri B. M. Bhansali. I also extend my rich compliments to mycolleagues on the Board who have been guiding the management towards formulating broadpolicies to govern the affairs of the Company. I am dearly grateful to the esteemedshareholders for their unstinted support in our endeavours.

With Best Wishes

M. C. Gupta

Chairman

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