DHP India Ltd AR22 notes
| * | Your Directors continue to be of the opinion that high quality of products and innovations in products as well as improvement in technology along with cost cutting efforts will help your company to face this competition. |
|---|---|
| * | The company is expected to continue to do well and improve further in the coming years. |
| * | Application submitted to Calcutta stock exchange on 11 Aug 2021 to delist shares from exchange |
| * | After proper Scrutiny and verification/inspection by The Calcutta Stock Exchange Ltd., they have given approval from deli sting of our Equity Shares from The Calcutta Stock Exchange Ltd. [Securities Code: 14058 & 10014058] w. e. f. 16th September, 2021. |
| * | For reducing the consumption of energy, the Company has installed the Energy Saving Flameless Electrically operated Melting Furnace for Zinc to achieve reduction in energy inputs. |
| * | This will have an impact in reducing the consumption of Fuel and Power and consequently the cost of production. |
| * | The Company concentrated on expanding the export market for its products and continues to do so |
| * | There is a big potential of increasing the sale of LPG Regulators for the export market. |
| * | Long Term Relationship with the Clients |
| * | Obtain various License and Certification for Exported Goods in various Countries as well as in India for specific technical requirements and safety measurement |
| * | High quality and safe products at affordable prices |
| * | Ongoing product innovation and improvement. |
| * | Strong and varied range of products as per requirement of varied market |
| * | Weakness – Time delays in procurement of raw materials. |
| * | Opportunities: • Potential for expansion for diversified products. • The future global market is very optimistic relating to LPG Appliances. • Growing trend for consumption of Low Pressure Regulators & Gas Appliances. • Expanding into newer untapped markets. |
| * | Threat: • Rising price of Raw Materials & Components. • Competitive environment with diverse players. |
| * | The Company has already shifted the main focus of its manufacturing business from domestic market to the export markets and is confident of obtaining satisfactory orders in the coming years. |
| * | The Company considers its human resource as the most valuable ingredient of the functioning of the company and utmost endeavor is made to maintain good relations with the employees at all levels |
| * | 5.91cr spent on new office building |
| * | 4.02cr spent on plant & machinery |
| * | 0.42cr spent on vehicle |
| * | 1.66cr spent on factory shed at Dulhagarh which is not yet in use |
Happy to see new statements in this years AR
Cost cutting initiatives are big positive this will further strengthen moat
5.91cr spending on office seems not a rational decision for the B2B company, I hope this is not a structural shift in managements behaviour towards money, for now I’ll just ignore it as company is in rapid growth phase.
| Subscribe To Our Free Newsletter |
