મેટ્રિક્સ
 
 
આઇડીઅલ કાર્પેટસ ડિરેક્ટર્સ રિપોર્ટ, આઇડીઅલ કાર્પેટસ ડિરેક્ટર્સ દ્વારા રિપોર્ટ

આઇડીઅલ કાર્પેટસ

બીએસઈ: 526259  |  ઍનઍસઈ : N.A  |  ISIN: INE710C01012  |  Textiles - General

શોધો આઇડીઅલ કાર્પેટસ કનેક્શન � Mar 11
ડિરેક્ટર્સ રિપોર્ટ વર્ષાન્ત : Mar '12
Dear Shareholders,
 
 The are Privileged to placed before you 21st Annual Report of Your
 Companies together with the Corporate Governance Report, Management
 Discussion & Analysis, and Audited Financial Accounts for the
 financial Year ended on 31st March 2012.
 
 FINANCIAL RESULTS
 
 Your Company''s performance during the year as compared with the
 previous year is summarized as below:
 
                                                    (Amount in Rupees) 
 
 Particulars                                2011-2012        2010-2011
 
 Income  
 
 Sales Export                           34,542,894,00    43,571,011,00
 
 Sales Local                            41,971,226.00    17,959,221.34
 
 Job Charges                             8,042,155.00    10,201,973.00
 
 Other Income                            3,878,747.93       872,202.07
 
 Total                                  88,435,022.93    72,604,407.41
 
 Profit before Depreciation & Interest   8,461,071.11     8,703,757.36  
 
 Less: Depreciation                      2,190,769.00     2,174,666.00
 
 Interest                                5,668,647.65     6,111,342.49
 
 Profit/(Loss) before Tax                  601,654.46       417,748.87
 
 Less: Provision for tax                   258,951.00       280,285.00
 
 Profit/(Loss) after Tax                   342,703.46       137,463.87     
 
 Add: Exchange Reserve Adjusted                    --               -- 
 
 Less: Income Tax for earlier years 
 adjustment                                        --        10,000.00 
 
 Profit carried to Balance Sheet            342,703.46      127,463.87
 
 BUSINESS RECIEW:
 
 During the year, the turnover of the Company has been decreased by
 42.30% due to increased global competition in the overseas market on
 the one hand and imports in domestic market of cheap textiles from
 other Asian neighbors'' on the other hand.
 
 DIVIDENDS
 
 Keeping in view of the working capital requirement of the Company, your
 Directors regret that they are unable to recommend any dividend for the
 year 2011-2012.
 
 REPORT ON CORPORATE GOVERNANCE:
 
 The Corporate Governance Report is attached herewith and form part of
 this report. The certificate from practicing Company Secretaries on
 compliance with Corporate Governance requirement by the company is
 attached to the report on corporate Governance.
 
 MANAGEMENT DISCUSSION AND ANALYSIS 
 
 Management Discussion and analysis from part of this report.
 
 TRANSFER TO CHANGE
 
 The Company has not transfer red any amount in the general Reserves
 during the year.
     
 MATERIAL CHANGE
 
 There was no material change affecting the financial position of the
 Company between the date of balance sheet and the date of this report.
 
 DIRECTORATE
 
 Shri Rajesh Kumar Shri Shree Ram Maurya and Shri Satish singh retire
 from the Board of Directors by rotation in the ensuing Annual General
 Meeting, in accordance with the provisions of Section 255 and 256 of
 The Companies Act, 1956 and being eligible offers themselves for
 reappointment.
 
 STATUTORY AUDITORS
 
 M/s PRAKASH K. PRAKASH, Chartered Accountants, New Delhi, the Auditors
 of the Company who hold office upto the conclusion of the Annual
 General Meeting are eligible for reappointment and have expressed their
 willingness to be reappointed as Auditors of the Company. M7s PRAKASH K
 PRAKASH, Chartered Accountants have under Section 224(1) of The
 Companies Act, 1956 furnished a certificate of their eligibility for
 reappointment and they hold valid certificate of having Peer Reviewed
 of their firm.
 
 AUDITORS REPORT & NOTES ON ACCOUNTS
 
 The auditor remarks in the schedule of notes referred to in their
 report are self- explanatory. The explanation contained in those
 comments/notes may be treated as information/explanation submitted by
 the Board as contemplated under Section 217(3) of The Companies Act,
 1956.
 
 PARTICULARS OF EMPLOYEES
 
 There is no information required to be given under Section 217(2A) of
 The Companies Act, 1956 read with The Companies (Particulars of
 Employees) Rules 1975 for the year under review as none of the employee
 falls in this category.
 
 AUDIT COMMITTEE
 
 The Audit Committee of the Company comprised of Mr Satish Singh, Rajesh
 Kumar, Shri Prabhu Nath Yadav and Mr. Piyush Verma. Mr Rajesh Kumar
 chairs the committee. The Audit Committee of Board of Directors reviews
 various auditing and accounting matters, including the recommendation
 of appointment of Auditors and fixing their remuneration and reviewing
 of annual statements of accounts.
 
 MANAGEMENT DISCUSSION AND ANALYSIS
 
 As required by Clause 49 of the Listing Agreement with the Stock
 Exchanges, a Management Discussion and Analysis is appended to the
 Annual Report.
 
 PUBLIC DEPOSITS
 
 The Company has not accepted any public deposits during the financial
 year under Section 58A of the Companies Act, 1956 read with Companies
 (Acceptance of Deposits) Rules, 1975.
 
 SUBSIDIARY
 
 The Annual Report along with Annual Financial Statements for the year
 ended 01.03.2012 of IDEAL CARPETS INC., USA, the Subsidiary of your
 Company has been attached to this report as required under Section 212
 of The Companies Act, 1956.
 
 DIRECTORS RESPONSIBILITY STATEMENT
 
 Pursuant to the provisions of Section 217(2AA) of The Companies Act,
 1956, the Directors hereby state and confirm:
 
 a) That in the preparation of Annual Accounts for the Financial Year
 ended on 01.03.2012 the applicable accounting standards has been
 followed subject to note No 1 (i) of Schedule 19.
 
 b) That the Directors selected such accounting policies and applied
 them consistently and made judgments and estimates, that are reasonable
 and prudent so as to give a true and fair view of the state of affairs
 of the Company at the end of the financial year and of the profit &
 loss Accounts of the Company.
 
 c) That the directors have taken proper and sufficient care for the
 maintenance of adequate accounting records in accordance with the
 provisions of The Companies Act, 1956 to safeguards the assets of the
 company and to prevent and detect fraud and other irregularities.
 
 d) That the Directors have prepared the Annual Accounts on a going
 concern basis.
 
 EMPLOYEE RELATIONS
 
 The company enjoyed good relations with all employees through the year.
 Your directors'' wish to place on record their appreciation of the
 contribution made by employees at all levels during the year.
 
 CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION
 
 The Company is committed to the conservation of the resources. There is
 no wastage of energy and the working group formed by the company for
 this purpose, continuously monitors the consumption of various forms of
 energy and evaluates the options available for energy conservation.
 Investments will be made, as and when required, for any activity
 identified as a source for helping us to achieve further energy
 savings. Your company is not using any foreign technology.
 
 FOREIGN EXCHANGE EARNINGS & OUTGO:
 
                             Current Year          Previous Year
 
 Foreign Exchange Earnings   Rs. 34,542,894,00     Rs. 4,35,71,011.00
  
 Foreign Exchange Outgo      Rs. 12,327,248,00     Rs. 1,56,57,822.00
 
 CORPORATE GOVERNANCE
 
 As per Clause 49 of the Listing Agreement with the Stock Exchanges a
 separate section on Corporate Governance has been setup which is
 ensuring proper implementations of the relevant requirements. A report
 on Corporate Governance and a certificate from the Auditors confirming
 compliance is part of this Report.
 
 ACKNOWLEDGEMENT
 
 Your Directors wish to place on record their appreciation for the
 continual co-operation, the Company received from the Bankers,
 Financial Institutions, Shareholders, Dealers and Suppliers and also
 acknowledges the invaluable contribution made by the employees.
 
                              By Order of the Board of Directors
 
                                           IDEAL CARPETS LIMITED
 
 Place: New Delhi
 
 Date: 29.08.2012                                    L R Maurya
 
                                                      (CHAIRMAN)
સ્તોત્ર: રેલીગેર ટેકનોવા


ન્યૂઝ ફ્લૅશ

  • સન ફાર્મા અમેરિકામાં Imatinib Mesylate લોન્ચ
  • કારોબાર : શૅર્સ સંબધિત પ્રશ્નો પૂછવા માટે BH (SPACE) STOCK સાથે તમારું નામ અને ફોન નંબર લખીને મેસેજ કરો 51818 પર
  • કારોબાર : BH (SPACE) આપના સ્ટોકની વિગત, સાથે જ આપનું નામ લખી 51818 પર મેસેજ કરો અને અમારા ટોલ ફ્રી નંબર 1800-4190-709 પર કાૅલ કરો અને જવાબ મેળવો અમારા ખાસ શાૅ બજાર હેલ્પલાઇનમાં સોમવારથી શુક્રવાર સવારે 11.30 કલાકે
  • કારોબાર : પર્સનલ ફાઇનાન્સને લગતા તમારા કોઈ પ્રશ્ન હોય તો તમે અમને money@network18online.com પર મોકલી શકો છો. તમારા સવાલના જવાબ મની મૅનેજરમાં આપવામાં આવશે
  • કારોબાર : ચીનના આર્થિક આંકડાઓ જાન્યુઆરી Caixin ફાઈનલ મેન્યુફેક્ચરીંગ PMI 48.2 થી વધી 48.4 (MoM)
  • કારોબાર : US FDAની મંજૂરી મળી ઓરોબિન્દો ફાર્માને ડાયાબિટિશની દવા Saxagliptin માટે મંજૂરી મળી
  • કારોબાર : US FDAની મંજૂરી મળી ડો.રેડ્ડીઝને બેક્ટેરિયલ ઈન્ફેક્શનની દવા ડોક્સીસાયક્લીન માટે મંજૂરી મળી
  • કારોબાર : US FDAની મંજૂરી મળી માઈગ્રેનની દવા Sumatriptan માટે ડો.રેડ્ડીઝને મંજૂરી મળી
  • કારોબાર : જાપાનના આર્થિક આંકડાઓ જાન્યુઆરીમાં મેન્યુફેક્ચરીંગ PMI 52.6 થી ઘટી 52.3 (MoM)
  • કારોબાર : વકરાંગીએ ટાટા AIG જનરલ ઈન્શ્યોરન્સ કંપની સાથે કરાર કર્યા

Now Playing

પ્રી બજેટ સ્પીચ