merino panel products ltd Management discussions

MERINO PANEL PRODUCTS LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS OPERATIONS: The Companys net sales increased by Rs.5,25,44 thousand as compared to that of the previous year. This is the highest net sales eve registered by your company. The profit before tax for the year recorded a substantial improvement during the current fiscal, by Rs.1,05,48 thousand as compared with that of the previous year, mainly due to increased sales, other economy and cost control. Your Directors expect that results of the next years should portray a further improved picture regarding the performance of the Company. EXPORT EARNINGS: Your Directors put on record that your Company achieved export turnover (FOB value) during the year of Rs.21,24,72 thousand as against Rs.18,11,78 thousand last year. CAPITAL EXPENDITURE: A sum of Rs.2,76,95 thousand has been incurred towards capital expenditure for the acquisition of various fixed assets put to use during the year. This excludes assets valued at Rs.18,52 thousand which await installation as at the end of the year. HOLDING COMPANY: The holding Company of your Company continues to be Century Laminating Company Limited, which currently holds 14,93,000 Equity Shares out of a total 20,00,000 equity shares as at end of the year.

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9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

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ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

merino panel products ltd Management discussions

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Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

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Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.