NITIN FIRE PROTECTION INDUSTRIES LIMITED
ANNUAL REPORT 2011-2012
CHAIRMAN`S REPORT
Dear Shareholders,
It gives great pleasure to inform you our Company "Nitin Fire `Protection
Industries Limited" continued` to see strong and profitable growth in the
`Financial Year 2011-12 across all marhets driven by good performance
across all business segments and Cooh forward to good growth potential.
Our Company is a leading fire protection equipment manufacturing
/installation company in India, and continues to retain its leadership
position among the Indian companies in similar line of business. (Being a
service provider, we have to provide after sales service and quick and
appropriate response to any problems /crises that customers requirement.
Our Company`s primary focus continues to be "Customer Satisfaction" and we
endeavor to create and nurture a satisfying relationship lasting the entire
period of our association including post delivery maintenance. To achieve
this we have put in place a structured highly process driven and trained
management team.
I am happy to report that we have been successful in providing the support
to our customers which has resulted in repeat orders from our satisfied
customers.
We are happy to inform that our Company has received License from
Maharashtra government to act as a Licensed Agency for the purpose of Tire
`Prevention and Life Safely Measures and won Forbes Asia (Rest Vender a
(Billion award which pertains to the (Regions Top 200 Small and Midsize
Companies on November 10, 2011. This is third consecutive award to the
Company.
(During the year the Company has given (Bonus Shares to the shareholders of
the Company in the proportion of 5 five) `Sonus Shares of Rs.2/- ((Rupees
Two) each for every 2 (Two) fully paid-up (Equity Share of Rs.2/- (Rupees
Two) each.
We wish to appreciate our investors, clients, vendor-partners, bankers,
financial institutions for their supports. We also the government of India,
the state governments, and other agencies for their support, and look
forward to their continuous support in future. The Directors also place on
record their deep appreciation of the contribution made by employees and
their extended families at all levels. The consistent growth of the Company
was made possible by their hardworh Icyalty, dedication, co-ordination and
support.
Nitin M. Shah
Chairman Managing Director |