Whatever, the company was able to rustle up a gross turnover including export incentives of Rs 7.5 bn against Rs 6.2 bn previously. That is a 21% increase over that of the preceding year. This was on the back of a production of 3.9 million tonnes of plastic moulded luggage and a massive 63% increase in the value of purchase of finished goods which rocketed to Rs 2.1 bn from Rs 1.3 bn previously. The manner in which the company has shown the production of plastic luggage is intriguing to say the least. It possesses a licensed capacity to make 34,000 tonnes of plastic goods, and has an installed capacity to produce 15,000 tonnes of the same. But the production of plastic moulded goods during the year as stated earlier was 3.9 million tonnes. At least this is my understanding of the figures which have been published in the annual report. How the company was able to produce such a gargantuan quantity of plastic moulded goods on such a low manufacturing base is more than a tale of mystery. (Besides, what does this production figure translate into in volume terms?) Moreover, the production of plastic goods in both the years was of an identical quantity. It also has a capacity to manufacture flexible luggage. But this capacity remains idle, apparently given the cost considerations. For the matter of record the company makes do with six manufacturing facilities, five of which are located in Maharashtra. One wonders how many of these production facilities are still humming.
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