bengal waterproof ltd Management discussions


BENGAL WATERPROOF LIMITED ANNUAL REPORT 2004-2005 MANAGEMENT DISCUSSION AND ANALYSIS OPERATIONS The gross turnover for the year aggregated to Rs.55.32 crores resulting in a net profit before taxation of Rs.145.98 lacs as compared to Rs.62.98 lacs of the previous year an increase by 131.79%. As part of the effort to expand and extend its markets new products are constantly being introduced by the Company. For example both Breathable and Feather Weight Rainsuits have found wide acceptance. Feather Weight Rainsuit utilises a new development in rubber coating technology resulting in a substantially lighter product. The Company is considering manufacture of Bullet-proof Jacket for the Police and the Armed Forces. A sample from a party interested in extending technical collaboration has recently been approved by the Terminal Ballistics Research Laboratory of the Ministry of Defence. Amongst other products approved are Ten Men Boat for the Navy, Helicopter Landing Gear for emergency landing of helicopter on sea and Satellite Re-entry and Recovery Float for ISRO satellites. In the export market the Companys Ice Bags have found a steadily growing demand in the USA. The Company is also test marketing fashionable Rainwear in the USA. With these efforts your Directors are of the opinion that the operation results of the Company will continue to improve in the coming year.