annual report 2011-12 - Heavy Engineering Corporation Limited
annual report 2011-12 - Heavy Engineering Corporation Limited annual report 2011-12 - Heavy Engineering Corporation Limited
ANNUAL REPORT 2011-12 Production ` Crore 800 700 701 688 600 500 400 383 419 538 300 281 200 100 136 166 0 2004 -05 2005 -06 2006 -07 2007 -08 2008 -09 2009 -10 2010 -11 2011 -12 Productivity There is a marked improvement in Gross sales per employee Gross Sales per Employee ` Lakhs 35 30 30.17 25 24.60 20 15 10 5 4.41 5.15 9.13 13.80 15.83 18.42 0 2004 -05 2005 -06 2006 -07 2007 -08 2008 -09 2009 -10 2010 -11 2011 -12 3. FINANCIAL RESULTS Profitability was affected due to increase in material cost, fuel cost and employment cost. As a result, Gross margin has gone down inspite of improvement in productivity in terms of Gross Sales per employee. (` in crore) Particulars 2011-2012 2010-2011 MOU Actual MOU Actual Gross Margin* 62.00 18.34 54.00 42.60 Interest 4.75 5.15 12.00 0.92 Depreciation 5.15 4.31 5.20 4.06 Profit before Tax 52.10 8.58 36.80 38.14 Net Profit 52.10 8.58 36.80 38.14 Cash Profit 57.25 12.89 42.00 42.20 * Profit before Depreciation, Interest, Tax, Prior Period and extra ordinary items 4
ANNUAL REPORT 2011-12 Gross Margin ` Crore 60 40 31.19 44.02 34.38 42.60 20 0 13.15 18.34 -20 -40 -60 -80 -61.49 -64.24 2004 -05 2005 -06 2006 -07 2007 -08 2008 -09 2009 -10 2010 -11 2011 -12 Net Profit ` Crore 100 50 0 2.86 4.17 18.37 44.27 38.14 8.58 -50 -100 -86.89 -150 -200 -250 -300 -350 -285.02 2004 -05 2005 -06 2006 -07 2007 -08 2008 -09 2009 -10 2010 -11 2011 -12 Paid up Equity Capital of the Company on 31.03.2012 stands to be ` 606.08 crore. During the year your Company contributed ` 74.52 crores to Central and State Exchequers as compared to ` 66.45 crores in the previous year. 5
- Page 1 and 2: Jeeef
- Page 3 and 4: GLIMPSES OF SOME IMPORTANT EVENTS S
- Page 5 and 6: CONTENTS ANNUAL REPORT 2011-12 1. N
- Page 7 and 8: BOARD OF DIRECTORS (As on 30.11.201
- Page 9: ANNUAL REPORT 2011-12 DIRECTORS' RE
- Page 13 and 14: ANNUAL REPORT 2011-12 The company d
- Page 15 and 16: ANNUAL REPORT 2011-12 iii) that the
- Page 17 and 18: • Replacement of centralized comp
- Page 19 and 20: ANNUAL REPORT 2011-12 Attendance of
- Page 21 and 22: Annexure to the Auditors Report ANN
- Page 23 and 24: 9. Statutory Dues A. According to t
- Page 25: ANNUAL REPORT 2011-12 COMMENTS OF T
- Page 28 and 29: OUR PROJECTS Conveyor System at New
- Page 30 and 31: OUR PRODUCTS CNC Deep Hole Boring M
- Page 32 and 33: ANNUAL REPORT 2011-12 service cost,
- Page 34 and 35: ANNUAL REPORT 2011-12 STATEMENT OF
- Page 36 and 37: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 38 and 39: NOTE NO.-9 ANNUAL REPORT 2011-12 Ty
- Page 40 and 41: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 42 and 43: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 44 and 45: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 46 and 47: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 48 and 49: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 50 and 51: ANNUAL REPORT 2011-12 NOTE NO. 29 N
- Page 52 and 53: ANNUAL REPORT 2011-12 12.11.2010. C
- Page 54 and 55: ANNUAL REPORT 2011-12 ANNEXURE - I
- Page 56 and 57: ANNUAL REPORT 2011-12 ANNEXURE - II
- Page 58 and 59: ANNUAL REPORT 2011-12 Heavy Machine
ANNUAL REPORT <strong>2011</strong>-<strong>12</strong><br />
Gross Margin<br />
` Crore<br />
60<br />
40<br />
31.19<br />
44.02<br />
34.38<br />
42.60<br />
20<br />
0<br />
13.15<br />
18.34<br />
-20<br />
-40<br />
-60<br />
-80<br />
-61.49 -64.24<br />
2004 -05 2005 -06 2006 -07 2007 -08 2008 -09 2009 -10 2010 -11 <strong>2011</strong> -<strong>12</strong><br />
Net Profit<br />
` Crore<br />
100<br />
50<br />
0<br />
2.86 4.17<br />
18.37<br />
44.27 38.14<br />
8.58<br />
-50<br />
-100<br />
-86.89<br />
-150<br />
-200<br />
-250<br />
-300<br />
-350<br />
-285.02<br />
2004 -05 2005 -06 2006 -07 2007 -08 2008 -09 2009 -10 2010 -11 <strong>2011</strong> -<strong>12</strong><br />
Paid up Equity Capital of the Company on 31.03.20<strong>12</strong> stands to be ` 606.08 crore.<br />
During the year your Company contributed ` 74.52 crores to Central and State Exchequers as compared to ` 66.45 crores in the previous year.<br />
5
Change language