It is my privilege to present to you the Annual Report of your Company for FY 2020-21and share the key highlights and the strategic roadmap going forward. As a Company wehave always strived to better our performance by continually deepening our domainexpertise strengthening capabilities and expanding our product portfolio. This year wasnot favourable for the entire globe. Though we have not worked for the entire year stillwe managed to stand strong.
We have faced many difficulties in this year. The business again witnesses toughsituation as the second wave ofCovid -19 started affecting with an alarming speed. Thesituation became more volatile due to the steep increase in polymer prices . The rawmaterial market has seen a big deep in the prices for the last decade and been on thelifetime highest side.
We have a strong supply chain state-of-the-art infrastructure and company ownedintegrated manufacturing unit with continues innovation which supported us in achievingsustainability even after working partially this year. We have a pan India sales networkand a wide range of quality products that has earned us consumer s faith & confidence.Customer satisfaction has always been our focus and a priority at the topmost level. Whichhas helped us grow in terms of top line & profitability in a competitive market.
To fight the pandemic our company and the group has supported the various initiativestaken by central govt state govt and local authorities. The group helped variousfrontline workers and deprivedpeople during this tough time.
We will be always committed to serving our national priorities and achieveinternational benchmark in competitiveness. Company is also exploring new businesses inthe changed condition exploring new market of existing products overseas and selling theproducts on various e- commerce portals.
I would like to thank the shareholders. Directors Promoters employees and workers ofyour company for their relentless efforts for the growth of the company.
Pradeep G. Kathod
CEO Chairman & Managing Director