Net Sales of the Company grew 14.72% to 61.78 crores from 53.85 crores Y-o-Y. Net Profit for the same period grew 13.78% to 8.09 crores from 7.11 crores.
Sales percentage distribution for June quarter 2010
Tuesday, August 3, 2010
Hawkins Cookers Limited - Analysis of Annual Report 2009-10
Business Highlight :
The company operates in a single segment, manufacture, trading and sale of Kitchenware. Both Sales and Profits are the highest ever in the history of this company. Two new pressure cooker models were launched this year with sales pointing to 89,000 units. Four new cookware items were also launched with sales aggregating to 27,000 units.
The Company claims that their products' demand is higher than their supply and they're implementing plans to increase the supply of their products. Due to this, FOB value of exports was also down due to delayed shipments.
The Company's plants are located at Thane, Hoshiarpur and Jaunpur District. The Company has taken into possession 20 acres of land provided by the Gov. of Punjab, the conveyance of which has yet to be finalised.
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