Dear Stakeholders,
At the outset, I express my sincere gratitude for your trust, support and confidence as
we continue to successfully chart the path towards sustainable and profitable growth. I am
confident that together, we will continue to navigate the future with resilience,
sumounting challenges and seizing opportunities to consistently deliver strong business
outcomes for the organization.
It is with great pleasure that we announce the company's full-year FY24 financial
results, which reflect our commitment to sustainable growth and resilience. We are
delighted to report a commendable 6.45% increase in Revenue from Operations, surging from
Rs. 1410.24 Cr in FY23 to Rs. 1501.24 Cr in FY24. Our business model's enduring strength
and the effectiveness of our strategic initiatives have enabled this growth. Further, our
EBITDA continued to expand, rising from Rs. 36.53 Cr in FY23 to Rs. 41.89 Cr in FY24, a
notable increase of 14.67 percent. We are relentlessly pursuing operational excellence and
efficiency enhancements across multiple facets of our operations. In addition, our Profit
After Tax (PAT) increased by 12% in FY24 from Rs. 18.66 Cr in FY23 to Rs. 20.90 Cr. We are
committed to delivering value to our shareholders while maintaining a prudent approach to
our financial management in light of this growth.
Supply chain management is integral to our sustainability commitment. We enforce
ethical and sustainable practices from sourcing to delivery, prioritizing human rights,
environmental concerns, and social standards. Transparent communication with suppliers and
stakeholders is a key aspect of our approach. Our Supply Chain Strategy aligns with the
organization's short and long-term goals. Our policy directs our interactions with
business associates, and their adherence to it is assessed when awarding contracts.
Technology has and will play a crucial role in Anmol India Ltd.'s future growth. The
company will invest more in technology to streamline its operations, enhance its supply
chain, and improve overall efficiency.
Anmol India Limited is exploring new opportunities in the Chemical related products and
steel related products like Iron Ore, Iron Pellet, Met Coke etc. By exploring new
opportunities in the steel and chemical-related products markets and leveraging synergies
with our existing client base, we aim to broaden our business horizons and solidify our
position as a major player in the global trading arena. The management will focus on
investments in new products, to expand into new demographics, identifying and securing
strategic partnerships and collaborations within the chemical and steel-related products
sectors. This expansion is set to unlock significant growth potential for the Company, as
the demand for steel and chemical-related products continues to surge worldwide.
We remain committed to the communities we live and operate in. We continue to create
positive impact in healthcare, education, sustainability and women empowerment.
Our strategic focus remains centered on driving sustainable growth, fostering
innovation, and delivering superior value to all our stakeholders. We extend our sincere
gratitude to our unwavering support and commitment to our team, customers, and
shareholders throughout this journey. Together, we are confident in our ability to
overcome challenges, capitalize on opportunities, and achieve even greater heights of
success in the times to come.
| Vijay Kumar |
| Managing Director & CFO |