Annual Report: 2021
Here is a detailed summary of the provided NCL Buildtek Ltd. Annual Report 2020-21 PDF:
Overview:
The document is the 35th Annual Report for 2020-21 of NCL Buildtek Ltd, formerly NCL Alltek & Seccolor Ltd. It includes key performance indicators, notices, director's report, standalone and consolidated financial statements, auditor's reports, and other important information. The report provides an overview of the company's performance, financial position, and activities during the financial year.
Key Performance Indicators (FY 2020-21):
The report presents both standalone and consolidated key performance indicators in both Indian Rupees (Lakh) and US Dollars (Million). Key metrics include net turnover, EBIDTA, profit/loss before and after tax, and contribution to the exchequer. For standalone, Net Turnover was Rs. 26,488.50 Lakh, EBIDTA was Rs. 1,660.00 Lakh, and a loss after tax of Rs. (700.35) Lakh. For the consolidated figures, Net Turnover was Rs. 26,488.50 Lakh, EBIDTA was Rs. 1,690.03 Lakh, and a loss after tax of Rs. (587.37) Lakh.
Notice:
The notice announces the 35th Annual General Meeting (AGM) to be held on September 25, 2021, via video conferencing. It outlines the agenda, including consideration of financial statements, appointment of directors, and ratification of cost auditor remuneration. Information about e-voting, participation in the virtual meeting, and unclaimed dividends is provided. It highlights the need to register email IDs for electronic communication and includes details of how shareholders can access the meeting and cast their votes electronically.
Directors' Report:
The report provides an overview of the company's operations, financial results, and significant events during FY 2020-21. Despite the challenges posed by the COVID-19 pandemic, the company achieved a modest revenue decline of 7%. Key points include:
Changes in the Board of Directors, meetings held, committee composition, and directors' responsibility statement are also included. The report confirms compliance with applicable accounting standards and regulations.
Consolidated and Standalone Financial Statements:
Additional Key Information:
Overall Outlook (Implied):
While the company experienced challenges due to COVID-19, it appears to be adapting by pursuing strategic initiatives, expanding into new markets, adding facilities, and introducing new products. The securing of a large order for Pre-painted Steel Window Frame to Andhra Pradesh State Housing Corporation Ltd suggests significant growth potential. The company’s focus on sustainable practices and social responsibility is also evident.
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