| Adarsh Plant Protect Limited, the Company, was incorporated on 18th June, 1992 as a Public Limited Company and has obtained the Certificate of Commencement of Business on 18th November, 1992. On 20th December, 1993 the Company took over the asset of M/s. Kaival Agro Products, a Partnership Firm, manufacturing and trading in Plant Protection Equipment for the last nine years under the name `KAIVAL' at its factory located at Plot No. 119/D, GIDC, Anand. The products are well accepted in the market.
The Company now proposes to take up expansion of its existing manufacturing facilities at the Plot No. 1703 & 1704 at GIDC Industrial Area, Anand where it propose to install the additional capacity as mentioned below. The details of the existing capacity and the proposed expansion are as under:
(Nos. per annum)
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Products Existing Proposed
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Knapsack Sprayer 1,000 1,00,000
Knapsack Brass Sprayer 200 20,000
Knapsack Outer Cylinder 500 50,000
Foot/Rocker Sprayer 100 10,000
Assorted Sprayer 200 15,000
Power Sprayers Nil 5,000
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The key financial indicators and the past working results and financial positions of the Company since inception are as under:
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Period 1994-95 1993-94 1992-93
(Upto 30.9.94)
(Rs.) (Rs.) (Rs.)
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Particulars
Turnover 10,18,908 1,51,645 --
Cost of Goods
consumed/sold 6,30,238 -- --
Mfgr. & Other Exps. 3,33,725 -- --
Interest -- -- --
Depreciation -- 7,121 --
Misc Exp. W/off -- 25,383 --
Operating Profit (Loss) 54,945 (2,403) --
Tax -- -- --
Net Profit/(Loss 54,945 (2,403) --
Balance c/f last year (2,403) -- --
Cash Accrual 52,542 30,101 --
Equity Share Capital 58,03,610 58,03,610 5,00,700
Share Application Money 25,00,000 4,50,000 --
Reserves & Surplus 52,542 -- --
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2008
-Company has created email id for grievance redressal division / compliance officer :adarshplant@hotmail.com.
2011
-Company has received valued order from the Punjab State Government for supply of Seed Dressing Drums for a total value of Rs. 2,99,98,080.
2013
-"Adarsh Plant Protect Ltd enters into a licensing agreement with Befared S. A., Poland".
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