DEAR FELLOW STAKEOWNERS
It gives me immense pleasure to place before you the Annual Report of your Company forthe financial Year 2016-17.The export of Basmati Rice grew by healthy in volume terms ascompared to last financial year a satisfying performance in backdrop of current market.Your Company achieved total revenues of INR 2580062721 as against INR1208472847 inthe same last period.
A year in which bold step were taken to march towards becoming a brand driven FoodCompany with wide basket of products .covering multiple price points and reaching household of all economic groups across the India like never before Most importantly we feela special connect with our consumers making tastehealth and quality the key incultivating a deeper bond with them.
Mishtann rice has today become a source of holistic health and immense happiness forconnoisseurs of food across the globe.The seamless enthusiasm and dedication of hundredsand thousands of our farmers and staff members has provided the much inevitable thrust.Mishtann flies high spreading wide the wings of taste and health in a sky full ofhappiness.
Mishtann always believe that famous brands make place in customer hearts not in theirwallets and which create customer happiness and this happiness is Mishtann limitlesshappiness.
Looking ahead our initiatives in the new product coupled with enhancement of ourexisting manufacturing capabilities .will be helpful in not only safeguarding ourleadership position but also in increasing out global foot print .We at Mishtann have deepunderstanding of the agriculture system its people its weather its culture and itsmarket -and this is the critical differentiator which give us the advantages over ourcompetitors.Mishtann is ready for every situation and will be ready for whatever thefuture may hold.
HileshPatel HH
Chairman HS