Changing Business Environment Challenges for GSFC Marketing Team

Total Page:16

File Type:pdf, Size:1020Kb

Changing Business Environment Challenges for GSFC Marketing Team QUALITY CIRCLE FORUM OF INDIA VADODARA CHAPTER Telephone: 0265-2976242 E-mail: [email protected], [email protected] Changing Business Environment Challenges for GSFC Marketing Team CHANGE IMPACT OF SOFTWARE Aeroponics is a way of growing plants without soil and with very little water. Plants are put into special horizontal boards in such a way that the top of the plant, the crown and the roots are suspended in the air. Cultured meat production claim that from 10 muscle cells of posk or beef they can produce 50,000 tons of corresponding meat. Raising livestock takes huge toll on the environment, including water and feed that animals consume, the methane and waste they emit. Modern meadow is a 3 year old biotech start up working to develop meat by growing animal cells and not the whole animal. THE GSFC STORY GSFC Turnover details of last 5 years Financials of GSFC (Rs. in Crores) S.No. Particulars 2015-16 2014-15 2013-14 2012-13 2011-12 1 Net Sales 6163.33 5324.57 5412.49 6253.3 5301.83 2 Other Income 64.21 101.93 157.05 138.09 162.08 3 Total Revenue 6227.54 5426.5 5569.54 6391.39 5463.91 4 Less : Operating 5548.49 4733.92 4883.66 5455.37 4167.19 Expenses 5 Operating Profit 679.05 692.58 685.88 936.02 1296.72 6 Profit before taxes 548.12 573.91 495.42 767.72 1113.35 7 Profit after taxes 379.85 400.51 342.17 518.1 757.57 Last 5 years turnover of some major companies (in Rs Crs.) 12000 Turnover 10000 8000 2011-12 6000 2012-13 Axis Title 2013-14 4000 2014-15 2015-16 2000 0 Tata Chemicals RCF Kribhco GSFC Deepak GNFC GACL CHANGES OVER THE YEARS. 1. New Companies 2. Importers 3. Information era. 4. Government Policy THE GSFC ADVANTAGES ACHIEVEMENTS OF GSFC: •First company to adopt the steam Naphtha Reforming process for manufacture of Ammonia. •GSFC has set up the first DAP fertiliser complex in India, at Sikka, Jamnagar Gujarat. •GSFC is the first company in India to establish a Caprolactum plant. This was in the year 1974. This led to manufacture of downstream products like Nylon yarn, tyre cords etc. •GSFC is the first company to recover ARGON gas from purge gas in 1981. •GSFC also has to its credit setting up India’s first Melamine plant. •GSFC has a market presence of 55 years and carved an impeccable image in the Indian Marketing scene. •GSFC has excelled in integration of technologies, brilliant innovative research, having created a product mix ranging from more than 24 brands of fertilisers to petrochemicals, chemicals, the industrial gases, plastics, fifers and other products. • Strong Company with high reputation Expansion Plans. Huge Goodwill • Product acceptability Awareness and Interest. MARKETING TEAM • Advantage to be part of GSFC team. • GSFC selects Cream of talent. • Qualification, Aptitude and Attitude. • High level of training Proactive, Modern, practical and effective. • Marketing : process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals. It is indeed a matter of pride for the employee’s to be an integral part of GSFC, and working in the GSFC family, contributing to the Corporate growth and National growth. They should as a member of GSFC family to pursue the path of excellence, to deliver according to the new challenges and Market scenario. Every member of GSFC family has to raise the performance bar and make a positive and tangible difference to make the organisation to achieve the goals. CASE STUDIES . Scientifically designed . Related to daily work zone . Related to your knowledge experience and insight . Simple format . Research, compile responses . Opportunity to be creative acknowledged and add to the growth of the company. Welspun Group ABOUT QCFI WELSPUN INDIA LIMITED FACTORY: VILLAGE: MORAI, VAPI, GUJARAT – 396 191 HEAD OFFICE: WELSPUN HOUSE, 6TH FLOOR, SENAPATI BAPAT MARG, LOWER PAREL, MUMBAI – 400 013. Welspun India Ltd (Overview) . Inception its journey in 1985 with a small textile unit . Located at - Vapi and Anjar, Gujarat . Global leadership position in Line Pipe and Home Textiles . Largest Home Textiles Player in the World – HTT . Largest Bath Towels Supplier . 2nd Largest Bedding Supplier . 3th Largest Bath Rugs Supplier . Exports more than 35 countries . Exports contribute 94% of the revenue . Integrated facility from raw cotton to finished product. Products - Terry Towel, Rugs & Carpet, Bathrobe & Bed Linen Welspun Corporate Overview Welspun India Welspun Corp Welspun Syntex Ltd. Ltd. Ltd. Welspun Power Welspun Plate Welspun Retail & Steel Ltd. & Coil Mills Ltd. Welspun Welspun Natural Welspun Max Tubular LLC Resources Ltd. steel Ltd. Welspun Global Welspun Welspun Brands Ltd. Investment Ltd. Infratech Ltd. Welspun Energy Ltd. Our Different Products… 9 Core Values Adaptability Collaboration Dare to Risk Customer Innovation Integrity Centricity Inclusive Technology Speed Growth OurTop Customers Worldwide REVMAN TQM is defined as a continuous effort by the management as well as employees of a particular organization to ensure long term customer loyalty and customer satisfaction It is a strategy for continuously improving performance at every level Effective utilization of time, inventory, space, people and money Steps for Continuous improvement… Cost Saving • Name of Dept.: m/c tufting • Name of Project: Reduction in downgrade due to mending • Name of Project Owner: Mr Kundan kumar/Arvind pandey and team • Description of project: To minimise mending defective p/c • Benefits of Project internal / External: cost saving COST ACTUAL ACTUAL TARGET TARGET PROJECT BP Target SAVING (IN (PC) (%) (PC) (%) NAME INR) DURING 511 0.12 158410 CURRENT DOWNGRA PROJECT DE DUE TO 1288 0.14 0.1 POST MENDING 237770 767 0.1 PROJECT ESTIMATIO N PLAN 1. Define the Problem 2.Collect Data 3.Ascertain root cause Improper Improper finishing mending mending after mending PROBLEM IMPACT 1. Effect in Cost 2. Order pending 3. Extra planning for shortfall 4. Delay in Shipment 5. Effect in Quality 6. Decrease Customer Satisfaction 7. Effect on Inclusive Growth Reason Pcs Percentage Lining due to mix up of shade lots 21 0.00 back stitch 236 0.05 Missing Tuft/ Mending 484 0.10 Design Cut / Short size ( Width less) 16 0.00 loop problem 4 0.00 M/C Tufting Total Target - 0.1% 741 0.16 Series 1 600 500 484 400 300 200 263 100 0 21 16 4 Series 1 HEAT SETTING & CABLING YARN GO-DOWN PP CANVAS GO-DOWN COATING MACHINE TUFTING MC TUFTING PREPAROTORY CUTTING & STITCHING GREY WARE DYEING PACKING & DISPATCH Department Flow Diagram Single Yarn/ Yarn preparation Tufting preparatory Tufting Defect Mending and Roll Checking finishing Roll preparation Chenille Length Cutting/roll Roll doffing checking Roll transport to Cut & sew Dyeing coating MAN MACHINE Stop motion senor not Untrained Manpower working/ Yarn tight end Operator negligence sensor Improper material Mending machine not Downgrade due to handling proper tufting department No defined SOP for Mixed yarn First piece checking Knots in Yarn No precautionary Method for bottom run out Damaged tubes METHOD MATERIAL Actual Vs Target Finding the root cause 0.20 0.10 Percentage 0.00 Total Mending Percentage 0.2 Aim 0.15 0.1 0.05 Percentage 0 Actual Target Do 1. Development of Solution 2.Implimentation of Solution “Reduce down grade and make awareness in associates regarding the problem facing & its effects” 600 100 99 100 95 97 500 484 80 400 60 61 300 263 40 200 20 100 21 16 4 0 0 Missing Tuft/ back stitch Lining due to mix up Design Cut / Short loop mending of shade lots size ( Width less) problem/mending %age Problems DEVELOPMENT SOLUTION Root cause 1:- Back stitch due to Improper mending New mending gun introduced Rework after mending Mending gun implemented required in all the machines x √ Development of Solution •Awareness to mender and quality checkup while rolling •Proper stitching of products for withstanding the dying process forces. •Handling the products carefully to avoid peeling of coating. •Placement of coated products in appropriate manner to avoid marks. Implementation of Solution MINIMISING DOWN GRADE PC. BY PROCESS IMPROVEMENT •Awareness to operator & mender by training about quality requirement •Improved mending quality and consistency by introducing mending gun •Procured mending gun(manual mending & automatic mending M/C) parts & improve mending performance. •Made sop to check first pc. swatches. To reduce chances of mix yarn ACTION PLAN FOR IMPLEMENTATION THE SOLUTION Sr. No. Description Responsibility 1 Operator training Mr. Kundan kumar 2 Develop the SOP & Training Modules Mr. Arvind Pandey 3 Procure new mending machine Purchase 4 Implement mending machine All team Check 1. Compare Before and after data Comparing the data Percentage 18% 16% 14% 12% 10% 8% percentage 6% 4% 2% 0% Sep - dec Jan - apr may - aug Act 1. Documenting the result 2. Standardizing the process Documenting UTM TOTAL PC. MONTH 16- DEFECTIVE AVG PC PER DAY TILL DATE % CHECKED PC. 15-Sep 761600 1066.2 36 0.14% 15-Oct 843174 1602 53 0.19% Before 15-Nov 680283 1768.7 59 0.26% 15-Dec 696784 696.78 23 0.10% AVG. 745460.3 1283.4 43 0.17% 16-Jan 680421 996 33 0.15% 16-Feb 643644 708 24 0.11% During project 16-Mar 654842 700 47 0.11% 16-Apr 675686 706 32 0.10% AVG. 663648.3 777.5 34 0.12% 16-May 949950 584 19 0.06% 16-Jun 978503 1301 43 0.13% After 16-Jul 1288858 1090 35 0.08% 16-Aug 1166340 632 22 0.05% AVG. 1095912 901.75 29.74 0.08% Checksheet Checked by :- Check sheet for M/C Tufting Shift incharge Date: A Shift B Shift C Shift Check point S.No.
Recommended publications
  • Draft Letter of Offer This Document Is Important
    DRAFT LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Draft Letter of Offer is sent to you as a registered / beneficial owner of Equity Shares of Welspun Corp Limited (the “Company”) as on the Record Date (as defined below) in accordance with Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. If you require any clarifications about the action to be taken, you should consult your stockbroker or investment consultant or the Manager to the Buyback Offer (Axis Capital Limited) or the Registrar to the Buyback Offer (Link Intime India Private Limited). Please refer to the section on ‘Definitions’ for the definitions of the capitalized terms used herein. Welspun Corp Limited CIN: L27100GJ1995PLC025609 Registered Office: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat-370 110, India. Corporate Office: Welspun House, 5th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai- 400 013, Maharashtra, India. Tel.: +91 22 6613 6000; Fax: +91 22 2490 8020 E-mail: [email protected]; Website: www.welspuncorp.com Contact Person: Mr. Pradeep Joshi, Company Secretary and Compliance Officer CASH OFFER FOR BUYBACK OF UP TO 28,888,888 FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF RS. 5/- EACH, REPRESENTING APPROXIMATELY 10.89% OF THE TOTAL NUMBER OF EQUITY SHARES IN THE ISSUED, SUBSCRIBED AND PAID- UP EQUITY SHARE CAPITAL OF THE COMPANY, FROM THE EXISTING SHAREHOLDERS / BENEFICIAL OWNERS OF EQUITY SHARES OF THE COMPANY AS ON THE RECORD DATE I.E. JULY 5, 2019, ON A PROPORTIONATE BASIS, THROUGH THE “TENDER OFFER” ROUTE AT A PRICE OF RS.
    [Show full text]
  • Annual Report FY 2011-12
    Excellence in Engineering…. It is an art; it is a science It requires skill; it requires vision It needs flair; it needs innovation It involves execution …. …. With perfection We are WELSPUN FINANCIAL HIGHLIGHTS (Consolidated) Total Income (Rs. Mn) PAT (Rs. Mn) 92,442 8,000 105,000 6,104 6,330 73,822 81,360 6,000 57,582 40,052 3,408 55,000 4,000 2,135 2,385 2,000 5,000 - 2007-08 2008-09 2009-10 2010-11 2011-12 2007-08 2008-09 2009-10 2010-11 2011-12 Exports/Overseas Revenue (Rs. Mn) Basic EPS (Rs. / Share) 65,000 52,603 52,860 46,139 41.0 41,515 31.7 45,000 30.9 32,750 31.0 20.9 21.0 25,000 11.5 10.9 11.0 5,000 1.0 2007-08 2008-09 2009-10 2010-11 2011-12 2007-08 2008-09 2009-10 2010-11 2011-12 Reported EBITDA (Rs. Mn)@@ Networth (Rs. Mn) @ 49,139* 13,372 ## 14,500 13,784 ### 50,000 11,247 12,500 40,000 33,735 10,500 29,011 # 8,500 6,662 6,535 30,000 6,500 20,000 15,672 15,597 4,500 10,000 2,500 500 1,000 2007-08 2008-09 2009-10 2010-11 2011-12 2007-08 2008-09 2009-10 2010-11 2011-12 EBITDA Margin (%) Fixed Assets (Gross Block- Rs. Mn) 18.1% 20.0% 16.6% 16.9% 100,000 86,957* 12.2% 58,339* 15.0% 11.3% 75,000 10.0% 50,000 40,682 44,248 29,213 5.0% 25,000 0.0% - 2007-08 2008-09 2009-10 2010-11 2011-12 2007-08 2008-09 2009-10 2010-11 2011-12 @@: For FY11 and FY12, Other Income, a part of Reported EBITDA includes Interest Income for the respective years.
    [Show full text]
  • WELSPUN INDIA LIMITED Registered Office: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370110
    WELSPUN INDIA LIMITED Registered Office: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370110 N O T I C E NOTICE is hereby given that the 27th Annual General Meeting of Welspun India Limited will be held on Monday, December 31, 2012 at the Registered Office of the Company at Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat – 370 110 at 11 a.m. to transact the following business : ORDINARY BUSINESS 1) To receive, consider and adopt the Balance Sheet as at March 31, 2012 and the Profit and Loss Account for the year ended on that date and the Reports of Directors’ and Auditors’ thereon. 2) To appoint a director in place of Mr. Ram Gopal Sharma, who retires by rotation, and being eligible, offers himself for re-appointment. 3) To consider and approve re-appointment of M/s. Price Waterhouse, Chartered Accountants having Firm Registration Number 012754N as Statutory Auditors, who retire at the meeting and being eligible, offer themselves for re-appointment. SPECIAL BUSINESS 4) To consider and, if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution : “RESOLVED THAT Mr. Arun Todarwal, whose term of office as an additional director, pursuant to section 260 of the Companies Act, 1956, expires at this Annual General Meeting and in respect of whom the Company has received a notice under section 257 of the Companies Act, 1956 proposing his candidature for the office of a Director, be and is hereby appointed as a director of the Company, liable to retire by rotation.” 5) To consider and, if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution : “RESOLVED THAT pursuant to Section 314 and other applicable provisions, if any, of the Companies Act, 1956, (the “Act”) (including any statutory modification(s) or re-enactment thereof, for the time being in force), approval of members of the Company be and hereby accorded for appointment of Mrs.
    [Show full text]
  • Buyback Offer (Axis Capital Limited) Or the Registrar to the Buyback Offer (Link Intime India Private Limited)
    LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Letter of Offer is sent to you as a registered / beneficial owner of Equity Shares of Welspun Corp Limited (the “Company”) as on the Record Date (as defined below) in accordance with Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. If you require any clarifications about the action to be taken, you should consult your stockbroker or investment consultant or the Manager to the Buyback Offer (Axis Capital Limited) or the Registrar to the Buyback Offer (Link Intime India Private Limited). Please refer to the section on ‘Definitions’ for the definitions of the capitalized terms used herein. Welspun Corp Limited CIN: L27100GJ1995PLC025609 Registered Office: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat-370 110, India. Corporate Office: Welspun House, 5th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai- 400 013, Maharashtra, India. Tel.: +91 22 6613 6000; Fax: +91 22 2490 8020 E-mail: [email protected]; Website: www.welspuncorp.com Contact Person: Mr. Pradeep Joshi, Company Secretary and Compliance Officer CASH OFFER FOR BUYBACK OF UP TO 28,888,888 FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF RS. 5/- EACH, REPRESENTING APPROXIMATELY 10.89% OF THE TOTAL NUMBER OF EQUITY SHARES IN THE ISSUED, SUBSCRIBED AND PAID- UP EQUITY SHARE CAPITAL OF THE COMPANY, FROM THE EXISTING SHAREHOLDERS / BENEFICIAL OWNERS OF EQUITY SHARES OF THE COMPANY AS ON THE RECORD DATE I.E. JULY 5, 2019, ON A PROPORTIONATE BASIS, THROUGH THE “TENDER OFFER” ROUTE AT A PRICE OF RS.
    [Show full text]
  • WELSPUN INDIA LIMITED Regd
    WELSPUN INDIA LIMITED Regd. Office : Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370 110 Corporate Office : Welspun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013 N O T I C E NOTICE is hereby given that the 28th Annual General Meeting of Welspun India Limited will be held on Tuesday, September 24, 2013 at the Registered Office of the Company at Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370 110 at 10:00 a.m. to transact the following business : ORDINARY BUSINESS 1. To receive, consider and adopt the audited Balance Sheet as at March 31, 2013 and the audited Profit and Loss Account for the year ended on that date and the Report of Directors and Auditors thereon. 2. To confirm the payment of interim dividend, of 20% on equity shares, which was declared by the Board of Directors at its meeting held on November 8, 2012. 3. To consider declaration of final dividend, of 20% on equity shares, which was recommended by the Board of Directors at its meeting held on May 15, 2013. 4. To appoint a director in place of Mr. Rajesh R. Mandawewala, who retires by rotation, and being eligible, offers himself for re-appointment. 5. To appoint a director in place of Mr. D.B. Engineer, who retires by rotation, and being eligible, offers himself for re-appointment. 6. To consider and approve re-appointment of M/s. Price Waterhouse, Chartered Accountants having Firm Registration Number 012754N as Statutory Auditors, who retire at the meeting and being eligible, offer themselves for re-appointment.
    [Show full text]
  • WELSPUN CORP LIMITED Regd
    C rp Ltd WELSPUN CORP LIMITED Regd. Office : Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370 110 N O T I C E NOTICE is hereby given that the 15th Annual General Meeting of Welspun Corp Limited (formerly Welspun-Gujarat Stahl Rohren Limited) will be held on Tuesday the 31st day of August 2010 at the Registered Office of the Company at Welspun City, Village Versamedi, Taluka Anjar. Dist. Kutch, Gujarat - 370 110 at 10.00 a.m. to transact the following business: ORDINARY BUSINESS 1) To receive, consider and adopt the Balance Sheet as at 31st March, 2010 and the Profit and Loss Account for the year ended on that date and the Report of Directors and Auditors thereon. 2) To consider declaration of dividend on Equity Shares. 3) To appoint a Director in place of Mr. M.L.Mittal, who retires by rotation, and being eligible, offers himself for re-appointment. 4) To appoint a Director in place of Mr. K.H.Viswanathan, who retires by rotation, and being eligible, offers himself for re-appointment. 5) To appoint a Director in place of Mr. Rajkumar Jain, who retires by rotation, and being eligible, offers himself for re-appointment. 6) To consider and approve re-appointment of M/s. MGB & Co., Chartered Accountants as Statutory Auditors, who retires at the meeting and being eligible, offer themselves for re-appointment. By Order of the Board Place: Mumbai Pradeep Joshi Date: 27th April 2010 Asst. Company Secretary EXPLANATORY STATEMENT AS REQUIRED BY SECTION 173(2) OF THE COMPANIES ACT, 1956 AND THE INFORMATION AS REQUIRED PURSUANT TO CLAUSE 49 OF THE LISTING AGREEMENT.
    [Show full text]
  • WELSPUN CORP LIMITED Regd
    C rp Ltd WELSPUN CORP LIMITED Regd. Office : Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370 110 N O T I C E NOTICE is hereby given that the 15th Annual General Meeting of Welspun Corp Limited (formerly Welspun-Gujarat Stahl Rohren Limited) will be held on Tuesday the 31st day of August 2010 at the Registered Office of the Company at Welspun City, Village Versamedi, Taluka Anjar. Dist. Kutch, Gujarat - 370 110 at 10.00 a.m. to transact the following business: ORDINARY BUSINESS 1) To receive, consider and adopt the Balance Sheet as at 31st March, 2010 and the Profit and Loss Account for the year ended on that date and the Report of Directors and Auditors thereon. 2) To consider declaration of dividend on Equity Shares. 3) To appoint a Director in place of Mr. M.L.Mittal, who retires by rotation, and being eligible, offers himself for re-appointment. 4) To appoint a Director in place of Mr. K.H.Viswanathan, who retires by rotation, and being eligible, offers himself for re-appointment. 5) To appoint a Director in place of Mr. Rajkumar Jain, who retires by rotation, and being eligible, offers himself for re-appointment. 6) To consider and approve re-appointment of M/s. MGB & Co., Chartered Accountants as Statutory Auditors, who retires at the meeting and being eligible, offer themselves for re-appointment. By Order of the Board Place: Mumbai Pradeep Joshi Date: 27th April 2010 Asst. Company Secretary EXPLANATORY STATEMENT AS REQUIRED BY SECTION 173(2) OF THE COMPANIES ACT, 1956 AND THE INFORMATION AS REQUIRED PURSUANT TO CLAUSE 49 OF THE LISTING AGREEMENT.
    [Show full text]
  • Weaving Sustainability
    SCHOOL WEAVING SUSTAINABILITY WELSPUN INDIA LIMITED ANNUAL REPORT 2015-16 FORWARD-LOOKING STATEMENT In this Annual Report, we have disclosed forward looking information to enable investors to comprehend our prospects and take investment decisions. This report and other statements - written and oral - that we periodically make contain forward looking statements that set out anticipated results based on the management’s plans and assumptions. We have tried, wherever possible, to identify such statements by using words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward looking statements will be realised, although we believe we have been prudent in our assumptions. The achievements of results are subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should keep this in mind. We undertake no obligation to publicly update any forward looking statement, whether as a result of new information, future events or otherwise. CONTENTS The Welspun India Story 1-43 2015-16 About Welspun India 2 was an exceptional year for your Milestones 4 Global Presence 6 company. We delivered record Our Products and Solutions 8 sales, profits and expanded our Financial Highlights 14 Chairman’s Message 16 business in key growth markets. Sourcing Sustainably 18 We were ranked No. 1 among the Environment Management 20 Spun: Threads with a soul 22 ‘Top 15 Home Supplier Giants Our Strategy 24 to USA’ for the 4th consecutive Welspun 2.0 26 The People Edge 28 year.
    [Show full text]
  • The World of Welspun Corp
    WELSPUN CORP LIMITED Corporate Identification Number (CIN) – L27100GJ1995PLC025609 Registered Office : Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat, Pin – 370110, India. Board No.: +91 2836 662079, Fax No. + 91 2836 279060, Email : [email protected], Website: www.welspuncorp.com Corporate Office : Welspun House, 5th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400013. Board : +91 -22-66136000 Fax: +91-22-2490 8020 NOTICE NOTICE is hereby given that the 21st Annual General Meeting of 7) To consider and, if thought fit, to pass the following resolution Welspun Corp Limited will be held on Thursday, September 29, as a Special Resolution: 2016 at the Registered Office of the Company at Welspun City, “RESOLVED THAT pursuant to the provisions of Sections 42 Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat – 370 110 at and 71 of the Companies Act, 2013 (“the Act”) read with the 10:30 a.m. to transact the following businesses: Companies (Prospectus and Allotment of Securities) Rules, 2014 and all other applicable provisions of the Act and the Ordinary Business: Rules framed thereunder, as may be applicable, and other 1) To receive, consider and adopt the financial statements for applicable Guidelines and Regulations issued by the Securities the financial year ended March 31, 2016 and the reports of the and Exchange Board of India (“SEBI”) or any other law for the Board of Directors and the Auditors thereon. time being in force (including any statutory modification(s) 2) To consider declaration of dividend on Equity Shares. or amendment thereto or re-enactment thereof for the time being in force) and in terms of the Articles of Association 3) To appoint a director in place of Mr.
    [Show full text]
  • Final WCL All Sections 802
    Financial Highlights (Consolidated) Revenue (including other income) (Rs. Mn) PAT (Rs. Mn) 80,420 @ 6,330 85,000 73,822 8,000 6,104 65,000 57,582 6,000 40,052 3,408 4,000 # 45,000 2,135 26,955 1,425 25,000 2,000 5,000 - 2006-07 2007-08 2008-09 2009-10 2010-11 2006-07 2007-08 2008-09 2009-10 2010-11 Exports/Overseas Revenue* (Rs. Mn) EPS (Rs/ Share.) 65,000 52,860 52,603 55,000 41.0 31.7 45,000 41,515 30.9 32,750 31.0 35,000 20.9 21.0 25,000 17,872 10.7 11.5 15,000 11.0 5,000 1.0 2006-07 2007-08 2008-09 2009-10 2010-11 2006-07 2007-08 2008-09 2009-10 2010-11 Reported EBITDA (Rs. Mn) Networth (Rs. Mn) 34,695 @ ## 14,500 13,372 13,015 35,000 29,011 12,500 30,000 10,500 25,000 # 8,500 6,662 6,535 20,000 15,672 15,597 15,000 6,500 3,403 4,500 10,000 6,535 2,500 5,000 500 1,000 2006-07 2007-08 2008-09 2009-10 2010-11 2006-07 2007-08 2008-09 2009-10 2010-11 EBITDA Margin (%) Fixed Asset (Gross Block including CWIP & DRE) (Rs. Mn) 20.0% 18.1% 16.6% 16.2% 80,000 60,428 ** 15.0% 12.6% 60,000 11.3% 44,248 40,682 10.0% 40,000 29,213 18,370 5.0% 20,000 0.0% - 2006-07 2007-08 2008-09 2009-10 2010-11 2006-07 2007-08 2008-09 2009-10 2010-11 ## FY 2010-11: includes export rebate of Rs.
    [Show full text]
  • Information Memorandum
    WELSPUN INVESTMENTS AND COMMERCIALS LIMITED INFORMATION MEMORANDUM Registered Office: Welspun City, Village Versamedi, Tal : Anjar, Dist. Kutch, Gujarat -370 110. Tel: 0091-2836- 661111 Fax: 0091-2836-279010 E-mail: [email protected] Website: www.welspuninvestments.com Contact Person: Mr. Jeevan Mondkar, Company Secretary and Compliance Officer Welspun Investments and Commercials Limited was originally incorporated as Welspun Investments Private Limited on 7th October 2008 under the Companies Act, 1956. The status of the Company was changed from “private company” to “public company” by passing the necessary resolution on 10th October 2008 and having obtained fresh certificate of incorporation from the Registrar of Companies, Gujarat on 21st October 2008. The name of the Company was further changed to Welspun Investments and Commercials Limited w.e.f. 31st March, 2010. The Hon‟ble High Court of Gujarat at Ahmedabad by its order dated 8th May 2009 has approved a Scheme of Arrangement between Welspun India Limited, Welspun Global Brands Limited and Welspun Investments Limited (Now known as Welspun Investments and Commercials Limited) and their respective members and creditors, pursuant to which, inter alia, Investment and Treasury Division of Welspun India Ltd(“Investment & Treasury Division”) was transferred to Welspun Investments Ltd (Now known as Welspun Investments and Commercials Limited) and in consideration thereof, 1 (One ) equity share of WINL was issued for every 20 (twenty) equity shares of Welspun India Ltd held
    [Show full text]
  • Annual Report FY 2009-10
    th Annual Report 15 2009-10 C rp Ltd Formerly known as Welspun Gujarat Stahl Rohren Ltd. You must be the CHANGECHANGE you wish to see in the World - Mahatma Gandhi Financial Highlights (Consolidated) You must be the CHANGE Revenue (Rs. Mn) PAT (Rs. Mn) you wish to see in the World - Mahatma Gandhi 73,503 @ 85,000 8,000 6,104 C rp Ltd 57,395 6,000 65,000 39,945 3,408 # 45,000 26,834 4,000 1,425 2,135 18,298 614 25,000 2,000 5,000 - ‘Change’ as we know is the essence of life and the only 2005-06 2006-07 2007-08 2008-09 2009-10 2005-06 2006-07 2007-08 2008-09 2009-10 thing that's constant. At Welspun too, we have been experiencing 'Change' every year and 2009-10 was no Contents exception. Corporate Information 2 Exports/Overseas Revenue* (Rs. Mn) EPS (Rs/ Share.) The year marked Welspun's foray into the world of 52,603 55,000 41,515 41.0 31.7 infrastructure through Welspun Infratech Ltd. followed Chairman and Managing Director's Statement 6 45,000 32,750 31.0 20.9 by the landmark agreement with a Middle-East Pipe 35,000 17,872 21.0 11.5 25,000 10.7 company having a state-of-the-art Spiral pipe and Directors' Report 10 10,573 5.1 15,000 11.0 Coating facility enabling Welspun full operational 5,000 1.0 control in the company to cater to the large Middle-East 2005-06 2006-07 2007-08 2008-09 2009-10 2005-06 2006-07 2007-08 2008-09 2009-10 Corporate Governance Report 19 and North - African market.
    [Show full text]