Ourunwaveringcommitmenttoexcellence and innovation has enabled us to
navigate challenges and deliver exceptional results.
Dear Valued Stakeholders,
As we reflect on the past year, I am both honored and proud to share
the achievements and progress of our organization within the ever-evolving manpower supply
industry. Despite the challenges and uncertainties, we have faced, our unwavering
commitment to excellence and innovation has enabled us to successfully navigate these
times and deliver exceptional results.
Our industry is dynamic and constantly evolving, influenced by needs,
technological advancements, and global economic trends. In this context, we have remained
dedicated to our mission of providing high-quality manpower solutions that meet the
diverse needs of our clients while fostering the growth and development of our
workforce.This year, we have made significant progress in several key areas:
1. Expansion of Services: We have successfully broadened our service
offerings to include the Dangote Petrochemicals FZE in Nigeria, the world's largest
refinery. This expansion has enabled us to better serve our clients by offering more
comprehensive solutions aligned with their strategic goals.
2. Technology Integration: Adopting the latest technological
advancements has been a cornerstone of our strategy. We have streamlined our processes,
improved efficiency, more effective and timely solutions to our clients.
3. Talent Development: Investing in the growth and development of our
workforce remains a top priority. We have implemented training programs, certifications,
and safety measures to ensure our team members possess the skills and knowledge required
to excel in an ever-changing environment.
4. Client and Partner Relations: Building and maintaining strong
relationships with our clients and partners has been essential. We have deepened our
collaboration with key stakeholders, resulting in enhanced trust, satisfaction, and
long-term partnerships.
Looking ahead, our focus will remain on driving innovation and
adaptability to meet the evolving needs of the manpower supply industry. We are committed
to continuing our efforts in providing organized sector, customized industrial, and
technical labor solutions tailored to unique business requirements. Our greatest strength
lies in our human capital, which possesses the expertise required for high-end technical
positions in line with market demands.
" Our greatest strength lies in our human capital, driving
our success through expertise and dedication."
The past year has been a landmark one for the staffing sector, which
saw double-digit growth. We observed a significant rise in recruitment needs among our
clients across industries during this period of rapid industrial expansion. On a modest
basis, the company performed Petroleum Refinery & well overall in FY 2024, with
noticeable growth across all areas of our business. We concluded the year in a strong
position, with operating sales of 18,032.98 lakhs and an EBITDA of 908.89 lakhs. Notably,
our revenue increased by 15%, resulting in an EBITDA margin of 5.04%.
The financial year 2023-24 also saw ANI generating revenue in the
African continent through our subsidiary, ANI Integrated Services
Middle East FZE. and delivered
As we move forward, our ability to maintain company performance in the
face of adversity further strengthens our vision, strategy, and competencies. Our close
collaboration with clients to address talent supply challenges has yielded effective
solutions, enhancing their willingness to invest. Our capacity to develop new
complementary business lines, supported by our strong brand recognition, positions us well
for steady growth. We anticipate a positive future with a strong pipeline and growing
demand from the majority of our customers. I want to extend my deepest gratitude to our
dedicated employees, whose hard work and commitment are the driving force behind our
success. I also want to thank our clients, partners, and shareholders for their unwavering
support and trust in our organization. Together, we have built a solid foundation, and I
am confident that our continued collaboration will lead to even greater achievements.
Thank you for your ongoing support and for being an integral part of
our journey.
| Sincerely, |
| Navin Korpe |
| Chairman & Managing Director |