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Sagar Diamonds Ltd.

BSE: 540715 Sector: Consumer
NSE: N.A. ISIN Code: INE146Y01013
BSE 00:00 | 30 Sep 36.70 -2.25
(-5.78%)
OPEN

36.70

HIGH

36.70

LOW

36.70

NSE 05:30 | 01 Jan Sagar Diamonds Ltd
OPEN 36.70
PREVIOUS CLOSE 38.95
VOLUME 3000
52-Week high 68.90
52-Week low 21.65
P/E 1.60
Mkt Cap.(Rs cr) 46
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 36.70
CLOSE 38.95
VOLUME 3000
52-Week high 68.90
52-Week low 21.65
P/E 1.60
Mkt Cap.(Rs cr) 46
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sagar Diamonds Ltd. (SAGARDIAMONDS) - Chairman Speech

Company chairman speech

MESSAGE FROM MANAGING DIRECTOR

Dear Shareholders

I am extremely proud to present the 06th Annual Report of Sagar DiamondsLimited BSE SME Listed Company as the Managing Director. When we look at Sagar Diamondstoday we can see that it has been a year of great transition for the Company.

The global pandemic caused by COVID-19 has resulted in 'the new normal' which has ledto a disruption in lives livelihoods and businesses worldwide. Despite the challengesposed by the pandemic I am pleased to say that your Company has delivered competitiveprofitable

and remarkable growth. The Company's performance have consistently been improving yearby year.

I am pleased to inform you that your company has completed successfully financial year2020-21 with an all-time high Profit before tax at Rs. 1103.78 lakhs with a growth of19.95% from Rs.920.13 lakhs in the previous year. The Net Profit after Tax was higher atRs.885.85 lakhs against previous year net profit of Rs. 746.45 lakhs.

During Financial year 2020-21 your Company showed remarkable performance with anall-time high net revenue from operations of Rs. 283518.79 lakhs a growth of 43.88%from Rs. 197049.07 lakhs of the previous year.

During Financial year 2020-21 Your Company's Export Sales has been recorded of Rs.186826.43 lakhs against export revenue recorded of Rs. 157627.77 lakhs in the previousyear. Your Company has successfully exported Diamonds in its Brand name to Hong Kong andDubai.

Details of our growth Strategies and company' performances during Financial Year2020-21 have been elaborated in the Director Report and Management Discussion AnalysisReport Section of this Annual Report.

I would like to thank all our consumers Bankers employees Suppliers who are directlyor indirectly associated with the company for their support and commitment which helpedus reach where we are now.

I would like to thank our shareholders for their trust and encouragement and assure toserve strong and Profitable and Sustainable Growth.

With Warm regards

Mr. Vaibhav Dipak Shah

Sd/-

Chairman of the Board Sagar Diamonds Limited

.