BHEL ANNUAL REPORT 2010-11 PDF

Sustaining Growth Contents 1. 2. 3. 4. 5. 6. 7. 8. Letter to Shareholders Board of Directors Management Committee Corporate Functional Structure Corporate. Financial Statements for the financial year ended 31st March .. In view of these factors, the future for the Indian Textile Industry. I have great pleasure in presenting the Eighteenth Annual Report and. Audited The year was a year of global recovery from financial crisis. The.

Author: Gardazshura Akinogami
Country: Kenya
Language: English (Spanish)
Genre: Business
Published (Last): 24 May 2009
Pages: 353
PDF File Size: 18.55 Mb
ePub File Size: 5.4 Mb
ISBN: 897-3-28109-728-8
Downloads: 16506
Price: Free* [*Free Regsitration Required]
Uploader: Goltijinn

Mar 31, To the Members. The Directors are pleased to present the 53 rd Annual Report on the business and operations of the company and the audited Ind AS financial statements for the year annuaal March 31, along with comparative Financial Statements of and opening Ind AS Transition Balance Sheet as on During the year, buel company regained growth and profitability by recording a turnover of RS. Dividend includes final dividend for the previous year and interim dividend for the current year.

With this, the total payout was at RS. The company has also paid final dividend of in of RS. With this, the total payout shall amount to RS. This rdport achieved despite subdued business conditions in the power and infrastructure sectors coupled with intense competition in domestic and overseas markets.

Sector wise orders booked are as follows:. Domestic economy is experiencing a turnaround but is still reeling under the impact of uncertainties. Over the medium run, the roll out of the Goods and Services Vhel GST and enacting other structural reforms should push the economy towards a higher growth path.

However, capacity underutilization and delayed revival repott capital investment still pose major challenge to the growth of Indian industry. Profit After Tax stood at RS. This was achieved despite subdued business environment coupled with intense competition in domestic and overseas markets.

Surama Padhy, being appointed as additional directors, shall hold directorship upto the 53 rd Annual General Meeting of the Company and are eligible for appointment as Directors at the Meeting.

Harinder Hira during their tenure. Chockalingam will retire by rotation at the Annual General Meeting and being eligible, offered themselves for re-appointment. Further, there has been no instance where the Board of Directors has not accepted recommendation of the Audit Committee. Sustainability is integral to our business processes.

Thrust on reducing environmental footprint throughout our value chain to enhance environmental sustainability continued during the reporting period. To promote inclusive growth, the focus on CSR initiatives continued which resulted in the creation of additional social infrastructure benefitting the society. Duringan amount of RS. The details of various initiatives related to Sustainable Development undertaken during is provided in Annexure-III.

In line with the requirement of the listing regulations, Business Responsibility Report describing the initiatives taken by the company from environmental, social and governance perspectives as per the suggested format is enclosed at Annexure-IV. Further details have been provided in Annexure-V. Continuous efforts were made for propagation and effective implementation of Rajbhasha in the company. A special session on Rajbhasha was held in Management Committee Meeting on For this session, Shri S.

In addition, employees who perform exemplary work in Hindi were also awarded with cash awards. Many interesting competitions, Seminars and programs are conducted under auspices of these committees. Additional impetus was also given for systemic improvements during Some of the preventive measures initiated are as under:. With a view to create awareness about procurement policy, rules and procedures etc.

  FUNDAMENTOS DE PSICOLOGIA FISIOLOGICA NEIL CARLSON PDF

Sixteen issues have already been published. To spread awareness about ill effects of corruption amongst cross section of society, various programmes i. The learnings from inspections and surprise checks were shared with the management. Based on these feedbacks, various system improvements have been initiated by the management. In addition, various circulars for systemic improvements were also issued.

Structured meetings are held with the Independent External Monitors IEMs every quarter wherein the procurement related issues and complaints thereupon are discussed.

BHEL is fully committed to providing a safe and healthy work environment in all its manufacturing units and project sites. It has always been our endeavour to consolidate good safety practices and make them a part of our work culture. Due to various initiatives taken to improve safety performance at bhep sites, the number of fatal accidents and man-days lost due to reportable accidents have decreased.

Occupational Health Services Bhle centres are being run in the factory premises providing preventive as well as curative occupational health services to employees. Health monitoring of employees is carried out at these centres as a preventive health management measure.

Employees took safety pledge and several competitions were organised to promote safety. All database administrators across various locations of company are notified. BHEL has created a total workforce of Information Security professionals including 50 inthrough training and certification courses, meeting one of the key objectives of national cyber security policy of Govt. Declaration under section 6 of the Companies Act, pertaining to criteria of independence has been given by the Independent Directors to the Board of Directors.

Details annul loans and investments covered under the provisions of Section of the Companies Act, forms part of financial statement, attached as a separate section in the Annual report FY The repayment timeline of the loan is extended to MarcRs. Information in accordance with the provisions of Section 3 m of the Companies Act, read with Companies Accounts Rules, regarding conservation of energy, technology absorption and foreign exchange earnings and outgo is given at Annexure-VII.

As per provisions of section of the Companies Act, read with the Rule 5 of the Companies Appointment and Remuneration of Managerial Personnel Rules,every listed company is required to disclose the details of the remuneration of the Directors etc.

However as per Notification No.

Directors Report of Bharat Heavy Electricals Ltd.

Familiarisation Programme of Independent Directors, Weblink: The names of auditors appointed for the year are printed separately in the Annual Report. The detail of cost auditors appointed for the year and cost audit details are printed separately in the Annual Report. The Board also 2010-11 acknowledges the support and guidance received repotr various ministries of the Govt. The Directors also wish to place on record their appreciation for the continued cooperation received from all the technology collaborators and suppliers and for the support provided by the financial institutions, bankers, stock exchanges and various stakeholders.

Last but not the least, the Board wishes to place on record its deep gratitude to all BHELites whose enthusiasm, team effort, devotion and sense of belongingness have made this great company proud.

For and on behalf of the Board of Directors of. Mar 31, To the Members, The Directors are delighted to present the 51st Annual Report on the business and operations of the Company and the statement of accounts for the year ended March 31, Crore except per share data a Turnover Gross b Revenue from operations Net c Other Operational Income d Operating expenses e Operating profit f Add: Depreciation i Less: Finance costs 92 repott Profit before tax k Less: Tax expense l Profit after Tax m Add: Balance brought forward from the previous year n Profit available for appropriation i Adjustment pursuant to Amalgamation 0 81 ii Depreciation Adjustment 41 0 iii Dividend including interim dividend iv Corporate Dividend tax incl.

  GERARD GRISEY PARTIELS PDF

Net worth of the company has gone up by 3. Data based on share prices quoted on NSE. Thus the total dividend exclusive of dividend tax for the year is Rs. Corporate Dividend Tax of Rs. Orders Received Despite operating in a subdued but healthy competitive business environment, the company secured orders worth Rs.

Sector-wise orders booked are as follows: Directors” Responsibility Statement Pursuant to Section 5 of the Companies Act,it is hereby confirmed that: Veeraraghavan has been appointed as an Additional Director w. Bandyopadhyay has been appointed as an Additional Director w. Bandyopadhyay shall hold their directorships up to the 51st Annual General Meeting of the Company and is eligible for appointment as Director at the Meeting. Bajpai, who was appointed as Director Finance w. Krishnan, who was appointed as Director HRw.

Krishnan during their tenure. Bahri will retire by rotation at the Annual General Annuzl and being eligible, offers themselves for re-appointment.

Analysis of Financial Statement www students3k com | Pradeep Bhatia –

No Director has given resignation during the year. Sustainable Development Sustainability is just a natural extension of the way BHEL sees itself and its responsibilities.

BHEL has ingrained the triple bottom line approach for Sustainable Development in its business processes. It has been creating value for its stakeholders since inception. Its structured CSR programme is directed towards bringing prosperity to the society and is aligned to the efforts being made by Government of India towards inclusive growth.

The details of all such sustainability initiatives are provided in Annexure-III. Business Responsibility Report In line with the requirement of clause 55 of the listing agreement, Business Responsibility Report describing the initiatives taken by the company 0210-11 an environmental, social and governance amnual as per the suggested format is enclosed at Annexure -IV. BHEL has recorded significant achievements during the year.

The company filed patent and copyright applications filed during the yearenhancing the company”s intellectual capital to It is imperative to focus on newer areas to meet the challenges of a changing business scenario while continuing development in traditional areas of business.

To meet this objective, BHEL has taken several technology development initiatives covering various business verticals viz. Further details are given in Annexure-V. Official Language Implementation Continuous efforts were made for 200-11 and effective implementation of Rajbhasha in nanual company.

Committee of Parliament on Official Language appreciated the efforts being made in this area during the inspection of Corporate Office o n More than non Hindi speaking employees were imparted training under Hindi teaching scheme of Govt. In addition, employees who do their work in Hindi were also awarded with cash awards.

Many interesting competitions, Seminars and programmes are conducted under auspices of these committees. A 22010-11 “Rajbhasha 201-11 has been prepared as helping material for doing work in Hindi. It is being distributed to employees in Hindi workshops and it has been uploaded on Corporate intranet also.