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Annual Report
ANNUAL REPORT 2015-16 Forward-looking statement Contents In this Annual Report, we have disclosed forward-looking information to enable investors to 02 comprehend our prospects and take CORPORATE OVERVIEW investment decisions. This report and other statements - written and Corporate Information 01 oral - that we periodically make Corporate Identity 02 contain forward-looking statements Making in India for 20 years 08 that set out anticipated results Chairman’s Message 10 based on the management’s plans Managing Director’s Letter 12 and assumptions. We have tried, Key Performance Indicators 14 wherever possible, to identify such statements by using words such Ten Years Financial Highlights 16 as ‘anticipate’, ‘estimate’, ‘expects’, Community Engagements 28 ‘projects’, ‘intends’, ‘plans’, ‘believes’, Comprehensive and words of similar substance in water solutions connection with any discussion 6 of future performance. We cannot guarantee that these forward-looking 30 statements will be realised, although STATUTORY REPORTS we believe we have been prudent in Board’s Report 30 our assumptions. The achievements Management Discussion of results are subject to risks, and Analysis 60 uncertainties and even inaccurate Report on Corporate assumptions. Should known or Chasing Governance 76 unknown risks or uncertainties Opportunities materialise, or should underlying 18 assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should keep this in mind. We undertake no 91 obligation to publicly update any FINANCIAL STATEMENTS forward-looking statement, whether Standalone Financials 92 as a result of new information, future Consolidated Financials 133 Thinking Through events or otherwise. Tomorrow Notice 172 26 The Board Bhagwan Dass Narang Rajiv Mittal Chairman Managing Director and Group CEO Jaithirth Rao Malay Mukherjee Sumit Chandwani Revathi Kasturi S. -
Pgdm (2020-2022)
LIBALoyola Institute of Business Administration (LIBA) A Jesuit Business School PGDM (2020-2022) LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION (LIBA) LOYOLA COLLEGE CAMPUS 1, TANK BUNK ROAD, MAHALINGAPURAM NUNGAMBAKKAM, CHENNAI - 600034 ABOUT LIBA Loyola Institute of Business Administration (LIBA) is a premier B-school, established in 1979 within the premises of Loyola College. It is managed by Jesuits well known for their outstanding contribution to education. LIBA stands for excellence with ethics, the twin hallmarks of Jesuit business education; all its programs and activities embody these two elements. It earnestly strives to inculcate the values of excellence, honesty, justice and service to society in its students. LIBA offers two-year full time PGDM course, (approved by AICTE and recognized by AIU), part-time PGDM (approved by AICTE) and several short-term diploma and certificate programs and many customized management development programs for the industry. THE PROGRAMME LIBA’s prestigious programme in management, leading to the Post-graduate Diploma in Management (PGDM), spans over two years with six terms of approximately three months each. LIBA’s Postgraduate Diploma in Management (PGDM) consists of 126 credits, including the summer project and workshops. The first year of the course presents students with a comprehensive view of the management discipline and a broad perspective of the corporate environment. A sound foundation is laid for advanced learning in the second year. All the core courses offered in the first year are required to be taken. In summer, students are required to spend ten to twelve weeks in an organization working on a project dealing with a significant aspect or problem relating to a functional area. -
PROSPECTUS Dated : January 27, 2006
PROSPECTUS Dated : January 27, 2006 (The Company was incorporated on January 16, 1992 under the Companies Act, 1956. In November 2001, our Registered Office was changed from Jayalakshmi Estates, First Floor No. 8, Haddows Road, Chennai 600 006 to DP: 36, SIDCO Industrial Estate, Thirumazhisai, Chennai-602 107. Telephone: + 91 44 2681 1569, 2681 1570 Fax: + 91 44 2681 1568 Contact Person: Mr. V. Balasubramanian Email: [email protected], Website: www.indo-tech.com Public Issue of 3,945,130 Equity Shares of Rs. 10/- each for cash at a price of Rs. 130/- per Equity Share aggregating to Rs. 512,866,900 (the 'Issue') by Indo Tech Transformers Limited ("Company" or "Issuer") consisting of fresh issue of 2,956,750 equity shares and offer for sale of 397,480 shares of Rs 10/- each by Mr. P. S. Jagdish and 590,900 shares of Rs. 10/- each by Twenty First Century Management Services Limited ("Offerors"). The Fresh Issue and the Offer for Sale are jointly referred to herein as the "Issue". 50,000 Equity Shares will be reserved in the Issue for subscription by eligible employees. The Net Issue to the Public is of 3,895,130 Equity Shares of Rs. 10/- each at a price of Rs. 130 per Equity Share aggregating Rs. 506,366,900 (the "Net Issue"). The Issue would constitute 37.15% of the fully diluted post issue paid up Equity Capital of the Company. The face value of the shares is Rs. 10 and the issue price is 13 times of the face value. -
Annual Report 2018 -19 Contents
UNLEASHING POTENTIAL TUBE INVESTMENTS OF INDIA LIMITED ANNUAL REPORT 2018 -19 CONTENTS Corporate Overview 01 Unleashing Potential 02 TII-An Overview 04 Our Business 06 Chairman’s Message 08 MD’s Message 10 Engineering Business 14 Metal Formed Products Business 18 Bicycles Business 22 New Business 23 Corporate Information 24 Board of Directors 25 Financial Highlights Management Reports 26 Board’s Report & Management Discussion and Analysis 42 Report on Corporate Governance 56 General Shareholder Information Financial Statements 90 Standalone Financial Statements 163 Consolidated Financial Statements Cautionary Statement Certain expectations and projections regarding the future performance of the Company referenced in the Annual Report constitute forward- looking statements. These expectations and projections are based on currently available competitive, financial and economic data, along with the Company’s operating plans and are subject to certain future events and uncertainties, which could cause actual results to differ materially from those indicated by such statements. UNLEASHING POTENTIAL A visioning exercise that set the course for a new roadmap. A determined drive to consolidate competencies, explore greater possibilities. The aspiration to engineer an edge with value-led innovation and dynamic change. At TII, 2018-19 was a year of great dimensional shift and transformational churning - of people and process effi ciencies, of business agility and fi scal discipline, of strategic direction and global expansion, of revenue growth and a determined commitment to build stakeholder value. The mandate was simple - to unleash potential, build value and become a globally admired Engineering Company. Annual Report 2018-19 1 W Our Legacy Tube Investments of India Limited (TII) is a fl agship Company of the renowned Murugappa Group, India’s leading business conglomerate. -
Cholamandalam MS Risk Services Limited All Rights Reserved
Cholamandalam MS Risk Services Limited Managing Risk with Technical Excellence …. Corporate Office: Cholamandalam MS Risk Services Ltd. 4th Floor, Parry house, NSC Bose Road, Parrys, Chennai - 600 001 Phone: +91 44 3044 5620 -30 || Fax: +91 44 3044 5550 www.cholarisk.com ©Cholamandalam MS Risk Services Limited all rights reserved. This is the property of Cholamandal am MS Risk Services Ltd. and is released on the condition that this work may not be reproduced or used (entirely or partially) for any purpose without the written consent of Cholamandalam MS Risk Services Ltd Version 4 .0 bout Cholamandalam MS Risk Services Limited About Murugappa Group India A Headquartered in Chennai, the USD 3.14 billion Established in year 1994, Cholamandalam MS Risk Services Murugappa Group is one of India's leading business conglomerates. Market (hereafter referred as “ Chola MS Risk ”) offers comprehensive leaders in diverse areas of business including Engineering, Abrasives, Risk management & Engineering solutions in field of Finance, General Insurance, Cycles, Sugar, Farm Inputs, Fertilizers, Environment, Health & Safety (EHS) . The company has Plantations, Bio-products and Nutraceuticals, its 29 companies have pioneered many specialized services catering to the needs of manufacturing facilities spread across 13 states in India. The Group has Asian & European markets for last 16 years. Chola MS Risk has forged strong joint venture alliances with leading international companies successfully executed more than 2500 consulting projects like Mitsui Sumitomo, Foskor, Cargill and Groupe Chimique Tunisien has (Domestic/International) which helped organizations optimize consolidated its status as one of the fastest growing diversified business their EHS performance and set new benchmarks. -
Madras Management Association: Managing Diversity, Growth and Excellence
Indian Institute of Management Indore Madras Management Association: Managing Diversity, Growth and Excellence If MMA enjoys an all-India reputation, it is because it has stuck to its core mission of furthering the cause of managerial excellence. It has never deviated from this. If it had done so, it would have run the risk of becoming just another corporate lobby, and it would not have been what it is today. - A former President of Madras Management Association. Introduction The year 2010-11: the executive committee of Madras Management Association (MMA) was delightfully perplexed. The association had just won the Best Local Management Association (LMA) award among all the LMAs in the country from the All India Man- agement Association (AIMA) for the period 2009-10. However, the honor had come to MMA after a gap of three years - in 2005-06 it had won the same award for the fifth consecutive year. While the committee members were looking for answers to questions arising out of the missed honor over the last three years, capitalizing on the past success without repeating the mistakes was also equally important for the association's future. In this regard, MMA leadership was reflecting on the association's past spanning over half aDo century. not Their copy primary or concern Reproduce was to evaluate - theIIM Association's Indore activities case from the perspective of its core objectives. In particular, the main question they needed to answer was, over the years, did MMA diversify and grow or did it drift away from its vision and mission? Omkar D. -
Coromandel International Limited Annual Report 2020-21 Corporate Overview Management Reports Financial Statements
Rising with Resilience Coromandel International Limited Annual Report 2020-21 Corporate Overview Management Reports Financial Statements WHAT INSIDE RISING WITH Corporate Overview RESILIENCE Rising With Resilience | 01 We are Coromandel | 02 Performance through the years | 08 As the world encountered the unprecedented health challenges Transforming to next gen agriculture company | 10 and economic slowdown due to the COVID 19 pandemic, We, at Coromandel, displayed exceptional resilience to swiftly A Spirited Performance | 12 transform ourselves and continue our growth trajectory. It is Managing Director’s Interactive Q&A | 15 this resilient nature of ours backed by our rich legacy and strong Board of Directors | 18 commitment that has enabled us to rise in these challenging times. Faster Adoption: Smart Crop Solutions | 22 Riding the Digital Wave: Reaching Customers | 24 We were quick to embrace technology to overcome the Nurturing Communities, Changing Lives | 30 resource limitations and drive the agenda of Smart Farming. Digital became our biggest enabler as we empowered our Awards and Recognitions | 33 people, processes and stakeholders, leading to improved overall Corporate Information | 34 performance. We continued to prioritize the safety and well-being of our Management Reports employees and operated with desired caution and compliance Management Discussion and Analysis | 35 during the pandemic year. This ensured safe work environment and continuance of our operations for most part of the year, Notice of the Annual General Meeting | 53 enabled availability of agri inputs and services to the farming Board’s Report | 66 community. Corporate Governance Report | 94 We rose to support our nearby communities and Government Business Responsibility Report | 115 agencies by assisting in the areas of COVID awareness & relief, health, education and community development. -
Investor Presentation
Investor Presentation August 2016 Stock Codes: BSE: 504973 NSE: TUBEINVEST Bloomberg: TI IN / TI IB Reuters: TUBE.NS / TUBE.BO CIN: L35921TN1949PLC002905 Tube Investment of India Limited 1 Contents 1.About Murugappa Group 2.Tube Investments of India Limited 3.Business Divisional Performance 4.Company Financials -------------------------------------------------------------------------------Disclaimer------------------------------------------------------------------------------ This presentation contains forward-looking statements which may be identified- by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, product development, market position, expenditures, and financial results, are forward-looking statements. Forward-looking statements are based on certain assumptions and expectations of future events. The companies referred to in this presentation cannot guarantee that these assumptions and expectations are accurate or will be realized. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. These companies assume no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events, or otherwise. 2 Murugappa Group INR 295 Billion Conglomerate One of the largest family promoted, professionally managed, diversified business groups… 3 The Philosophy we cherish The fundamental principle of economic activity is that no man you transact with will lose; then you shall not. - Arthashastra 4 Genesis and early years of growth 1900 – 1915 A. M. Murugappa lays the foundation of the Group by establishing a money-lending and banking business, with Ramanathan Chettiar in Burma, under the name A. -
Investor Presentation Disclaimer
INVESTOR PRESENTATION DISCLAIMER The communication may contain statements relating to future business developments, company’s performance and economic performance that may constitute ‘forward looking statements’. While these forward looking statements represent the company’s judgments and future expectations, a number of factors could cause actual developments and results to differ materially from expectations. The company undertakes no obligation to publicly revise any forward-looking statements to reflect future events or circumstances. CUMI @ 2015 2 Murugappa Group An Overview CUMI @ 2015 3 MURUGAPPA GROUP INR 269 Billion Conglomerate One of the largest family promoted, professionally managed, diversified business groups CUMI @ 2015 4 The Philosophy we cherish The fundamental principle of economic activity is that No man you transact with will lose; then you shall not. CUMI @ 2015 5 Murugappa Group Today ~ INR 269 Billion Conglomerate One of the largest family promoted, professionally managed, diversified business Groups… CUMI @ 2015 6 The Spirit of the Murugappa Group CUMI @ 2015 7 Social Responsibility AMM Foundation is a non-profit organization run by the Murugappa Group 1% of PAT from Group companies to AMM Foundation 4 Schools, a polytechnic; approximately 10,500 students 4 Hospitals - around 8.15 lakh patients treated last year Scholarships for needy meritorious students Scholarships for scholars for pursuing their professional degrees CUMI @ 2015 8 Carborundum Universal CUMI @ 2015 9 Birth Of CUMI • Incorporated as a joint venture 1954 between Carborundum Company USA, Universal Grinding Wheel Company, UK and the Murugappa, CARBORUNDUM UNIVERSAL India USA UK • Acquired a coated abrasives facility from Ajax products Pvt Ltd • Bonded abrasives facility set up in Chennai India CUMI @ 2015 10 Business Portfolio PBIT Share Sales Share CUMI – FY 15 Revenue :Rs. -
Company Portrait
Tube Investments BUY BUY CMP Rs606 Leveraging manufacturing expertise Target 12m Rs680 (12%) Market cap (US$ m) 1,544 We initiate coverage on Tube Investments of India (TI) with a BUY and TP of Rs680. TI is leveraging its manufacturing and Enterprise value (US$ m) 1,580 R&D expertise to maintain leadership as tier-2 auto Bloomberg TIINDIA IN component supplier as well as to grow the non-auto, exports Sector Metals and railways businesses. The ingrained focus on growth, profitability, RoCE and cash generation is visible in the 1 October 2020 company’s financials with ROE improving to 19% in FY20. Recent announcement for acquisition of 58.6% stake in CG 52Wk High/Low (Rs) 682/254 Power will drive further diversification away from autos, as Shares o/s (m) 188 capital support and mfg. expertise drive a turnaround. Daily volume (US$ m) 1 Dividend yield FY21ii (%) 0.7 Strong play on recovery in the domestic auto market: TI is a Free float (%) 52.1 leading tier-2 vendor for domestic auto OEMs. 55% of its revenue/Ebit share is backed by strong quality & service levels, deep Shareholding pattern (%) integration in manufacturing with OEMs, well-spread manufacturing Promoter 47.9 facilities and importantly resilient customer relationships. As auto Pledged (as % of promoter share) 0.0 volumes for 2Ws, PVs and tractors recover, TI is well placed to FII 18.2 benefit as the supplier to majority of the auto makers in India. DII 20.6 Non-auto segments also seeing healthy traction: TI’s intent to Price performance (%) lower exposure to auto cyclicality is playing out, as rise in exports’ 1M 3M 1Y share (15% in FY20) gains pace, with focus on product development Tube (6.4) 36.4 57.8 for global auto & industrial customers. -
Company X Profile
MAPE Advisory Group – Corporate Profile MAPE Advisory Group – A Leading Investment Bank in India MAPE Advisory Group Key Recognitions MAPE was founded in 2001 by ex DSP Merrill Lynch senior bankers as a investment Annual India M&A Atlas Awards 2012 bank focused on M&A advisory and Private Equity fund raising Has diversified into Cross Border Advisory over the years INDIA INDIA Excellent deal track record: WINNER WINNER Cross Border M&A M&A Boutique Deal of the Year Investment Bank of Has successfully closed over 180 transactions, across sectors, totaling to a deal (Small & Mid t he Y e a r size of over US$ 6 bn (approx.) M a r k e t s ) 2012 2012 Has consistently ranked amongst the top 10 investment banks in the country (per Bloomberg league tables) Awarded the Boutique Investment Bank Of The Year Award at the India M&A INDIA Atlas Awards 2012 WINNER Presence across 3 cities – Mumbai, Bangalore, and Chennai Cross Border M&A Deal Team of the Y e a r Significant cross border deal experience and network 2012 STRICTLY PRIVATE AND CONFIDENTIAL AND PRIVATE STRICTLY Known in the market for the ability to conclude “difficult” deals and realize attractive valuations for clients Annual India M&A Atlas Awards 2011 Service Offerings INDIA INDIA Mergers & Cross Border Private Equity WINNER WINNER ECM M&A Boutique Corporate M&A Acquisitions Advisory Syndication Investment Bank of Deal of the Year t he Y e a r (Mid Market) 2011 2011 2 Led by Experienced Senior Bankers Prior to founding MAPE, Ram was the Senior VP heading Southern India operations -
Press Release – EID-Parry (India) Ltd. Financial Results
Press Release – E.I.D.-Parry (India) Ltd. Financial Results Chennai, November 06, 2019: EID Parry (India) Limited, one of the largest manufacturers of Sugar in India, has reported financial results for the quarter and half year ended 30th September 2019 Standalone performance for the quarter and half year ended 30th September 2019: The Standalone revenue from continuing operations for the quarter ended 30th September 2019 was Rs. 442 Crore registering a growth of 26% in comparison to the corresponding quarter of previous year of Rs. 351 Crore. Profit before depreciation, interest and taxes (EBITDA) and before exceptional items from continuing operations for the quarter ended was Rs. 51 Crore in comparison to the corresponding quarter of previous year of Rs. 39 Crore. During the quarter, the Company received a final dividend of Rs.62 Crore for the financial year 2018-19 in line with the corresponding quarter of the previous year from its subsidiary, Coromandel International Limited. Standalone profit after tax from continuing operations for the quarter was Rs. 6 Crore as against Rs.11 Crore in the corresponding quarter of previous year. The Standalone revenue from continuing operations for the half year ended 30th September 2019 was Rs. 830 Crore registering a growth of 3% in comparison to the corresponding half of previous year of Rs. 807 Crore. Profit before depreciation, interest and taxes (EBITDA) and before exceptional items for the half year ended was Rs.21 Crore in comparison to Loss of Rs. 64 Crore in the corresponding half of previous year. Standalone Loss after tax from continuing operations for the half year ended was Rs.