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Technofab Engineering Ltd.

BSE: 533216 Sector: Engineering
NSE: TECHNOFAB ISIN Code: INE509K01011
BSE 00:00 | 16 Nov 154.85 4.85
(3.23%)
OPEN

150.50

HIGH

154.95

LOW

150.50

NSE 00:00 | 16 Nov 152.90 1.95
(1.29%)
OPEN

150.95

HIGH

153.90

LOW

148.05

OPEN 150.50
PREVIOUS CLOSE 150.00
VOLUME 43
52-Week high 339.40
52-Week low 130.10
P/E 10.34
Mkt Cap.(Rs cr) 162
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 150.50
CLOSE 150.00
VOLUME 43
52-Week high 339.40
52-Week low 130.10
P/E 10.34
Mkt Cap.(Rs cr) 162
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Technofab Engineering Ltd. (TECHNOFAB) - Chairman Speech

Company chairman speech

Dear Members

It gives me a great pleasure to welcome you all to the Forty Seventh Annual GeneralMeeting of Technofab Engineering Limited. On behalf of Technofab Engineering's Board ofDirectors I thank each one of you for joining us.

I take this opportunity to brief you about your Company's performance amongst otherthings.

Amid the positive macro environment and led by our continuing efforts your Company'soperating results for FY18 have shown a distinct improvement over the previous yearsduring which the Company has had to deal with a stressful economic environment. Thisyear's performance has reinforced our belief that your Company has what it takes tosuccessfully deliver both top line and bottom line growth.

Needless to say there are constraints related to the nature of the Company's businessbut given the substantial order backlog and good L1 position we expect this growth trendto continue in the coming years. Going forward your Company will continue to focus on itscore strength of effcient project management of Turnkey Engineering Procurement andConstruction projects in the water electrical and industrial sectors both in India andOverseas and at the same time effectively managing working capital cycles.

I would also like to thank all stakeholders including our vendors customers bankersfinancial institutions Central and State government bodies foreign Government dealersbusiness associates for their continued trust and support.

Sincerely

Avinash C Gupta
Chairman