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MAJOR ACHIEVEMENTS FROM 2008-Ongoing
CAPEX ---- A three dimensional changing Phase
The changes that recorded in Capex in the last financial year is to be ear marked as a three dimensional change and can be viewed as a revolutionary transformation in all aspects and at all angles. All necessary steps has been taken on war foot basis to reduce loss and to drive on to a road which can take the industry to a better profit making organization with in a short period from now. The whole hearted support from the Government and the officials together with our immense intense effort for sure will make the organization a result oriented one in the coming years.
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- Replaced old traditional boarmas at our 10 factories and Installed 15Electric Bormas at 10 factories of CAPEX to reduce and nullify the quality loss; and thus to improve profit margin.
- As a part of modernization 7 CAPEX factories were fully Reconstructed and rejuvenated including installation of New Chimneys, Bathrooms, Roasting Machines, Day care centers,yards for drying raw nuts etc., Reconstruction works at the rest of the 3 factories are in full swing.
- Turnover of Rs 16 crores (06-07) has been enhanced to Rs. 37 crores during the financial year 2008-2009 and further to Rs. 48 crores during 09-10.
- Loss of Rs.6.69 Crores in the year 2006-07 had come down to Rs. 4.17 Crores during the audited year 2007-08, and the net loss has touched down to Rs. 3.35 crores during the financial year 2008-09.
- Construction of a 11000 sqft Modern flexi packing centre along with fully automated H.O , which got inaugurated on 29-10-2009 was another achievement . Till then capex was working in a rented building at Kadappakada , Quilon .
- Maximum Capacity Utilization by increasing Employees strength from 3800 workers in 2007 to 6300 employees in 2010, helped the organization in two ways , by providing more employment opportunity and by utilizing the entire production capacity .
- Computerization of CAPEX Head Office has been completed successfully and the computerization works at 10 Factories is in full swing. After the successful completion of the same, the entire activities undergone at the factories can be monitored and necessary corrections can be advised then and there.
- Maximum capacity Utilization in factories has been made effective by increasing the Employee strength and thus enhanced the Roasting capacity from 35M.T/day to 54 M.T/day.
- Highest ever production performance of 11590 Mtns recorded during 2009-10 when compared to 6732 Mtns during the previous year, and 2950 Mtns during the financial year 2008-09 .
- Exploited the foreign markets by fetching with 16 containers during 2008-09, at a better price.
- Fully automated Export Packing Machine has been purchased and got it installed at the new packing center at Mundakkal , Kollam.
- Domestic Market has been explored by introducing new packs of various grade kernels and is participating in trade shows and other festival shows in Kerala State . Domestic market will be more and more explored during 2010-11.
- We have paid off all the arrears pertaining to the statutory liabilities like ESI, EPF, RWF,Sales tax etc, payment of arrear salary, wages and Bonus to workers . In addition to this, pending payments to Rawnut Suppliers were paid who had supplied during the past few years.All these liabilities were pending for payment long since the new board has taken over of charge.
- We were able to procure maximum quantity of Kerala origin raw cashew nuts from Kannur ,Malapuram, Kasarcode districts and more and more effective steps will be taken to procure the best available quantity of raw cashew nuts from Kerala itself, so that the farmers will be much benefited and will get a reasonable price , more over they can be protected From being exploited by the middle agents.
- Issued arrear gratuity to the retired workers of Capex from 1998 to 2006 with the funds received from Government of Kerala during 2008-09, 09-10 &10-11.
- Roasting and Salting machine has also been installed at the new packing centre at Mundakkal, Kollam to fetch the domestic market to give variety of tastes for Capex Cashews.
- During the calendar year 2009 capex has crossed our own previous working day Record of 210 days with 214 days, when compared to 96 days during 2007 and till 30/06/10 we already achieved 136 working days.
- Purchased and installed hand operated Cutting Machine to cut raw nuts at 10 factories of Capex to increase the productivity.
- Sale of Cashew kernels through Dealers and Franchise had by now brought up the brand image for Capex Cashews.
- A project for installing Solar Panels at 9 factories of Capex has been approved by the Government of Kerala with technical assistance from ANERT.
- The Electricity tariff plan of all our factories were amazingly alarming. During the first half of 2008, we found that each factory carried a monthly bill amounting to Rs 14000-21000/- .The tariff was then under 6c, 7A in all factories, this was changed to LT4 tariff plan and the bill amount started to Rs 3000 to Rs 4000/month for each factory. Three appointments under the dying in harness has been made fro the long pending list
CAPEX- GENERAL PERFORMANCE ANALYSIS
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Financial year
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No: of factories
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No: of working days
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Workers strngth
|
Production Achieved(MT)
|
Turnover (in lakhs)
|
Profit/Loss(in lakhs)
|
|
1984-85
|
8
|
58
|
2052
|
85
|
0.5
|
-100.19
|
|
1985-86
|
9
|
105
|
4609
|
1733
|
548.86
|
-101.23
|
|
1986-87
|
10
|
127
|
4669
|
1253
|
580.82
|
-195.97
|
|
1987-88
|
10
|
87
|
4606
|
2075
|
628.74
|
-136.73
|
|
1988-89
|
10
|
118
|
4579
|
1475
|
800.57
|
-154.93
|
|
1989-90
|
10
|
83
|
4542
|
1612
|
968.82
|
-88.36
|
|
1990-91
|
10
|
126
|
4553
|
1825
|
1502.56
|
64.07
|
|
1991-92
|
10
|
75
|
5990
|
1522
|
1064.87
|
241.2
|
|
1992-93
|
10
|
210
|
6076
|
2496
|
3226.91
|
-265.05
|
|
1993-94
|
10
|
150
|
6273
|
3155
|
3221.56
|
-276.55
|
|
1994-95
|
10
|
207
|
6238
|
2779
|
4044.45
|
-235.05
|
|
1995-96
|
10
|
145
|
6184
|
3187
|
2762.29
|
-103.59
|
|
1996-97
|
10
|
42
|
5958
|
1130
|
681.29
|
-304.63
|
|
1997-98
|
10
|
81
|
5737
|
1413
|
1412.89
|
-192.79
|
|
1998-99
|
10
|
50
|
5397
|
298
|
1068.64
|
-171.04
|
|
1999-00
|
10
|
137
|
5196
|
5733
|
3202.4
|
-378.75
|
|
2000-01
|
10
|
17
|
4976
|
686
|
1181.23
|
-417.36
|
|
2001-02
|
10
|
NIL
|
4672
|
NIL
|
31.57
|
-692.84
|
|
2002-03
|
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ACHIVEMENTYS IN NUT SHELL
1, Highest ever production performance .
2, Maximum Employee strength.
3, Highest turn over even since inception.
4, Minimum loss.
5, Record number of working days.
6, Maximum capacity utilization.
7, Highest quantity of purchase.
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