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Schneider Electric Infrastructure Ltd.

BSE: 534139 Sector: Engineering
NSE: SCHNEIDER ISIN Code: INE839M01018
BSE 00:00 | 04 Jun 83.55 -0.45
(-0.54%)
OPEN

84.50

HIGH

86.00

LOW

83.00

NSE 00:00 | 04 Jun 83.15 -1.10
(-1.31%)
OPEN

84.15

HIGH

86.10

LOW

82.00

OPEN 84.50
PREVIOUS CLOSE 84.00
VOLUME 6010
52-Week high 113.90
52-Week low 58.00
P/E
Mkt Cap.(Rs cr) 1,998
Buy Price 83.00
Buy Qty 18.00
Sell Price 83.55
Sell Qty 100.00
OPEN 84.50
CLOSE 84.00
VOLUME 6010
52-Week high 113.90
52-Week low 58.00
P/E
Mkt Cap.(Rs cr) 1,998
Buy Price 83.00
Buy Qty 18.00
Sell Price 83.55
Sell Qty 100.00

Schneider Electric Infrastructure Ltd. (SCHNEIDER) - Chairman Speech

Company chairman speech

Message from

Vinod Kumar Dhall

Chairman

It is my privilege to present to you our shareholders the Annual Report of SchneiderElectric Infrastructure Limited (SEIL) for the financial year 2017-18.

The Indian power sector has faced several challenges over the past few years; howeverthe second half of the last year saw our economy revive. The power sector is a key enablerof India's economic growth and a crucial component of India's basic infrastructure tosupport the country's ambitious GDP growth. The government is clearly focused onaddressing challenges of urbanization with the smart city initiative and it is alsocommitted to making energy accessible to all by bringing electricity to every village inthe country.

When we at SEIL look forward the economic environment is creating opportunities forus which we need to leverage. It also increases our responsibility towards addressing someof the challenges which the country is facing in terms of access to 24X7 energy which isclean and sustainable as well.

Your company has developed a wide range of products and digital solutions to addressvarious challenges of the energy value chain. Our asset management solutions with mobileapplications help customers to achieve the required levels of performance from electricalinfrastructure. We are facilitating and empowering our customers to solve the complexurban challenges and helping them to create benchmarks with our innovative technologysolutions. Successful commissioning of Naya Raipur smart city is an example of suchinnovative digital solutions from Schneider Electric.

Our business has practically redefined the segment with our EcoStruxure offering aunique customized platform which makes energy consumption most efficient. We believe thatit will help address the challenges of loss and quality of electricity supply.

We have also been focused as a business on bringing cleaner and renewable energy to theenergy pool in the country. We have supplied and commissioned equipment for 500 MW solarprojects during the year increasing our share of total capacity to 3.5 GW.

The year 2017-18 has been a significant and challenging year. Your Company managed toexecute its priorities well despite the financial crisis in the industry. The managementhas been cautious and selective in term of customers while building the healthy backlog inline with our strategy. Your company was able to book new orders worth Rs. 11506 million4.4% up over the previous year.

To meet the emerging challenges and to benefit from the new opportunities in India'sfast evolving economic and infrastructural scenes the Company continues to focus oninnovative solutions customer satisfaction and employee engagement as a part of itsgrowth philosophy.

I would like to sincerely thank all our shareholders customers suppliers communitiesand other stakeholders for their continued and unstinted support to the Company during theyear. I would also like to thank all the employees and my colleagues on the Board ofDirectors for their tireless commitment to enhance the performance and health of theCompany.