DEAR SHAREHOLDERS,
It is my privilege to present to you the Annual Report of your Company for FY 2020-21
and share the key highlights and the strategic roadmap going forward. As a Company, we
have always strived to better our performance by continually deepening our domain
expertise, strengthening capabilities and expanding our product portfolio. This year was
not favourable for the entire globe. Though we have not worked for the entire year, still
we managed to stand strong.
We have faced many difficulties in this year. The business again witnesses tough
situation as the second wave ofCovid -19 started affecting with an alarming speed. The
situation became more volatile due to the steep increase in polymer prices . The raw
material market has seen a big deep in the prices for the last decade and been on the
lifetime highest side.
We have a strong supply chain, state-of-the-art infrastructure and company owned
integrated manufacturing unit with continues innovation, which supported us in achieving
sustainability even after working partially this year. We have a pan India sales network
and 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. Which
has 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 initiatives
taken by central govt, state govt and local authorities. The group helped various
frontline workers and deprivedpeople during this tough time.
We will be always committed to serving our national priorities and achieve
international benchmark in competitiveness. Company is also exploring new businesses in
the changed condition, exploring new market of existing products overseas, and selling the
products on various e- commerce portals.
I would like to thank the shareholders. Directors, Promoters, employees and workers of
your company for their relentless efforts for the growth of the company.
Pradeep G. Kathod
CEO, Chairman & Managing Director
June 11,2021