PIONEER OF GLASS BEADS AND FOUNDER OF ORGANIZATION
Ashok Kumar Gupta
Chairman & Managing Director
1Trom Chairman
Dear Shareholders,
It gives me great pleasure to present to you the performance of our Company for the
financial year 2024-25. Building on the momentum of past years, this year has once again
been marked by significant progress across key operational and financial parameters.
Your company revenue from operation increased by 11.85%% at Rs.3156.32 lacs as compared
to Rs.2821.99 lacs in the corresponding period of the previous year and Profit after Tax
increased by12.26% at Rs.308.81 lacs as compared to Rs. 275.08 lacs in the corresponding
period of the previous year.
You have seen that the Company has delivered a better performance during the year.The
profit and turnover both have been increased during the year
duetoqualityandpunctualityinexecutionofordersbythecompany and due to continues support by
US based big Customer (ChainStore).
Your company is still leading Exporter of Glass Beads, Handicrafts and its related
items and has the biggest market in the US for its products. The company procures its
order mainly by participating in international fares, personal meeting with Foreign Buyers
and getting order through online meetings with Buyers by showing newly developed items.
Your company is not only focused in International Market. But also expanding its
business in indigenous and retail segment under the Trade name “de-Lemon”
through Retail Counters, stores and new online system at various facilities available at
on line platform.
Thecompanyexpectsthatitsturnoverandprofitabilitybothincreasing trends will be continued
in comingperiods. The Company is not expecting any problem in its ability to service debts
and other financial arrangement,keepinginview ofgoodliquidityposition.
During the year the shares of your company were being traded in BSE and NSE between Rs.
169.20 to Rs.83.00against book value of around Rs. 84.75/-. The board has recommended
Interim dividend of Rs. 2.25/- per share for this financial year.
The company expansion plan for logistic parks, warehouses are still under process with
its Varanasi Development Authority and /U P Government.
I want to record my appreciation for co-operation and support provided by the
directors, auditors, buyers, suppliers, bankers, artisans, employees and associates of the
company in every field of your Company's activities.
With best wishes to all.
| Ashok Kumar Gupta |
| Chairman & Managing Director |