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CORPORATE OVERVIEW OF SENA KALYAN SANGSTHA
Sena Kalyan Sangstha is a self-financing Welfare Trust Organization of Bangladesh
Armed Forces approved by the Government dedicated for the welfare of ex-Armed Forces
Personnel and their dependents. Beside, it renders remarkable service to the nation by
producing quality consumer goods, providing employment to the people of different
classes. Because of the indomitable spirit, firm determination, efficient management and
sincere efforts by all members and contributes in the national income by depositing a fairly
large amount of taxes in the Government treasury. With successive better achievement
since its inception, the Sangstha has been marching towards progress and prosperity
gradually and steadily. In this “Perfectly Competitive Market” scenario where almost every
firm/industry is producing homogeneous products, we are proud to be one of them and are
optimistic that the year 2016 will provide us opportunities for doing our best. Let the Year
2016 bring happiness and prosperity for all of us.
ORIGIN OF SENA KALYAN SANGSTHA
Sena Kalyan Sangstha (SKS) started its journey as Post War Services Reconstruction
Fund. It is raised out of funds built up during World War-II by the Government contributing
taka two for each Combatant Soldier per month. The money was to be spent on their
rehabilitation in civil life when they would be demobilized after the War. After the Indo-Pak
partition it was renamed as Fauji Foundation. The then East Pakistan’s share amounted to
Tk. 52.22 lac. Out of this amount the Government spent Tk. 3.50 lacs on a building in
Motijheel Commercial Area in Dhaka and sum of Tk. 1.50 lacs was given to Headquarters
14 Division for spending on the rehabilitation of Ex-servicemen. Instead of keeping the
remaining fund in banks and in Government Securities, it was decided to invest the money
in industry, which promised higher returns. Fauji Foundation, East Pakistan made a
modest start in the industrial field in mid sixties. In 1967-68 its industrial investment stood
at Tk. 24.00 lacs and in 1969-70 it grew to Tk. 2.40 crores. In 1971 Fauji Foundation
investment was limited to Fauji Chatkal at Ghorashal, Dhaka, Fauji Flour Mill at
Chittagong, a three storied building on 1.3 bigas of land in Motijheel Commercial Area
where the present Sena Kalyan Bhaban has been constructed and shares in Bangladesh
Lamps Limited, Bangladesh Electric Industries (Philips) and British American Tobacco
(Bangladesh) Company Limited.
After the independence of Bangladesh, Fauji Foundation emerged as Sena Kalyan Sangstha (SKS). It was officially renamed as Sena Kalyan Sangstha on 01 July 1972. It is
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a trust devoted to the Welfare of released, retired and discharged personnel of Armed Forces and their dependents who are the citizen of the People’s Republic of Bangladesh.
STATUS OF SENA KALYAN SANGSTHA
Sena Kalyan Sangstha (SKS) is an independent legal entity. It is a Charitable Trust
administered by a Board of Trustees, the supreme governing body. It is an entirely self-
supporting welfare organization for the welfare of Ex-servicemen and their dependents,
All expenditures on its diverse welfare activities have always been met with funds
generated by its own industrial and commercial projects income through business
activities.
MISSION
To satisfy customers with superior quality products, services and values, providing an
attractive return to the organization, through sustained and high quality growth for
increased welfare of the beneficiaries.
VISION
To serve the entire community of the retired armed forces personnel by generating
maximum profit through commercial ventures utilizing its resources efficiently and
distributing the profits by a wide range of welfare activities, while focusing on future growth
in a sustainable manner for broader range of welfare. SKS BENEFICIARIES
Who had served in the Indian Army, the Royal Indian Navy, the Royal Indian Air
Force or in the State Forces of any State in India, in any rank and had been retired,
released or discharged from that service or those Forces prior to 14 August 1947;
or
After 1947, Who had served in the Pakistan Army, the Pakistan Navy or the
Pakistan Air Force or any state Forces of any state of Pakistan in any rank and had
been retired, released or discharged from that service or those Forces prior to
16 December 1971; or
After 1971, Who had served in the Bangladesh Army, the Bangladesh Navy or the
Bangladesh Air Force in any rank and had been retired, released or discharged
from that service; or
Who had admitted as Cadets to a School, Academy or Establishment to receive
training prior to being Commissioned as an officer in the Army, Navy or Air Force of
India, Pakistan or Bangladesh and were invalided out of service, on account of
disability attributable to Military service, before they could be Commissioned as
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officers.
SCHEME OF ADMINISTRATION
SKS is a "TRUSTEE" organization governed by a rule known as Scheme of Administration
approved by the Government of Bangladesh through Government Gazette Notification on
25 October 1973. There are three tiers of administrations:
a. Board of Trustees
b. Management Committee
c. Board of Directors
Board of Trustees. It is the supreme governing body of Sena Kalyan Sangstha. The
composition of the Board is as under:
a Chief of Army Staff, Bangladesh Army(General) - Chairman
or
his nominee not below the rank of Major
General.
b Adjutant General - Vice-Chairman
Bangladesh Army. c Chairman Member
Sena Kalyan Sangstha
c A nominee of the Chief of Naval Staff - Member
not below the rank of Commodore.
d A nominee of the Chief of Air Staff - Member
not below the rank of Air Commodore.
e Director - Member
Bangladesh Armed Services Board.
f A nominee of the Secretary, Ministry of Finance - Member
not below the rank of Joint Secretary.
g A nominee of the Secretary, Ministry of - Member
Defence
not below the rank of Joint Secretary.
h DG Operation, Sena Kalyan Sangstha. - Member- Secretary
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Management Committee. The Management Committee conducts the administrative,
business and commercial aspects of the organization consisting of the following:
a
b
Adjutant General, Bangladesh Army
and
Vice Chairman, Board of Trustees, SKS
Chairman, SKS
- Chairman
- Member
c
Director (W&R), Bangladesh Army
- Member
d
Director General (Admin), SKS
- Member
e
Director General (Welfare),SKS
- Member
f
Director General (Marketing) , SKS
- Member
g
Director General( Real Estate & Constr) , SKS
- Member
h
j
Director General (Operation), SKS
Director General (Project), SKS
- Member
- Member
k
Director General (RD&E), SKS
- Member
l
Deputy Director General (Finance),SKS
- Member
m
Secretary, SKS
- Member-Secretary
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Board of Directors. The Board of Directors consisting of the following conducts the day-
to-day affairs/activities of the Sangstha and its projects:
Chairman, Sena Kalyan Sangstha - Chairman
Head of Research and ICT Division, SKS - Member
Head of Welfare Division, SKS - Member
Head of Real Estate Division, SKS - Member
Head of Business Division-1, SKS - Member
Head of Business Division-2, SKS - Member
Head of Business Division-3, SKS - Member
Head of Business Division-4, SKS - Member
Head of Business Division-5, SKS - Member
Head of Business Division-6, SKS - Member
Head of Business Division-7, SKS - Member
Head of Human Resource Division, SKS - Member
Head of Engineering Division, SKS - Member
Head of Admin Division, SKS - Member
Head of Finance Division, SKS - Member
Head of SKCD, SKS - Member
Head of Secretariat & Corporate Affairs
Division , SKS
- Member Secretary
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INDUSTRIAL PROJECTS OF THE SANGSTHA
Mongla Cement Factory,Mongla Bagerhat
Fauji Flour Mill , Chittagong
Diamond Food Industries , Chittagong
Chittagong Flour Mills , Chittagong
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INDUSTRIAL UNITS OF SENA KALYAN SANGSTHA MONGLA CEMENT FACTORY, MONGLA, BAGERHAT:
Mongla Cement Factory, the biggest industrial
enterprise of Sena Kalyan Sangstha has been established near Mongla Port in 1994 on an
area of 10.66 acres of land. Project
Investment Tk.105.44 crore with the production capacity of 3,90,000 metric tons of
cement per year. Product Brand is "Elephant Brand Cement" (EBC).
It has gone into commercial production since July 1995. The second Cement Mill was
installed on 25th
January 2003 with the production capacity of 2,10,000 metric tons of
Mongla Cement Factory, Bagerhat cement. Presently 210 persons are working in the
factory and yearly turnover Tk. 295 crore.
Profit earned in 2012-2013 was Tk. 36 crore
FAUJI FLOUR MILLS, CHITTAGONG.
Fauji Flour Mills was established in 1965 by Fauji Foundation on 8. 35 acres of land near Chittagong Cantonment. The production capacity is 50 metric tons per day. It is a reputed Flour Mill in the country due to its quality products. It has been producing best quality Flour, Atta, Shuji and Bran. The brand of products is "Fauji". Presently 45 persons are working in the factory and yearly turnover Tk. 48.70 crore.
Profit earned in 2012-2013 was Tk. 1.55 crore.
Fauji Flour Mills, Chittagong
DIAMOND FOOD INDUSTRIES, CHITTAGONG. Diamond Food Industries Limited was purchased by SKS from the Government in 1983. It is one of the most modern mills of its time and produces one of finest Flour in the country. The production capacity of the mill is 100 metric tons per day. Its main products are Flour, Atta and Shuji.
The brand of products is "Diamond". Presently 40 persons are working in the factory and yearly turnover Tk. 47.60 crore. Profit earned
Diamond Food Industries, Chittagong in 2012-2013 was Tk. 3.90 crore.
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CHITTAGONG FLOUR MILLS, CHITTAGONG . 83
It
Chittagong Flour MIlls was purchased in 19
from Sugar and Food Industries Corporation. has got the production capacity of 80 metric tons
per day. The mill is situated in Nasirabad
Industrial Area, Chittagong. It also produces best
quality Flour, Atta, Shuji and Bran. The brand of products is "Anchor". Presently 40
persons are working in the factory and yearly
turnover Tk. 49.68 crore. Profit earned in 2012-
2013 was Tk. 2.76 crore.
Chittagong Flour Mill, Nasirabad, Chittagong
SK ELECTRIC INDUSTRIES, CHITTAGONG.
The mill is located at Bayzid, Chittagong. The
main products of the mill are Habib Brand Ceiling
Fans and Transformers. The unit has started
assembling single phase Transformer for Rural
Electrification Board (REB) since 1994. Now it
supplies transformer to PDB, DESA and
Barendra Prokalpo.
SK Electric Industries, Chittagong
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SENA KALYAN BHABAN, DHAKA. A 21- Storied Commercial Building located at 195, Motijheel Commercial Area, Dhaka on an area of 1.35 Bighas of land. The Foundation stone of the 21-Storied Sena Kalyan Bhaban was laid in April 1982. The construction was completed in August 1990. The total covered space of the building is 3,21,000 sft and the rentable space is 2,13,239 sft. It is a prestigious building for the Sangstha as well as for the country. The building is centrally air conditioned and fitted with lifts, auto- generator facilities and fire fighting equipments. Yearly turnover Tk. 30. 5 crore. Profit earned in
2012-2013 was Tk. 21.48 Crore.
EASTERN HOSIERY MILLS, TONGI.
The factory is located at Tongi Gazipur The
factory produces various types of Socks. The
production capacity of the mill is 180 dozens of
Socks per day. Total project investment is
Tk.5.75 crore.
Eastern Hosiery Mills, Tongi
ENESEL TEXTILE MILLS, CHITTAGONG.
The factory is located at Nasirabad,
Chittagong. Total land area is 2.445 Acres.
Products are Cotton Canvas, Filter Cloth,
Proof Canvas, Durries. Production Capacity
per year is 1,20,000 yrd.
The brand of products is "Enesel". Presently 8 persons are working in the factory and yearly turnover Tk. 1.33 crore. Profit earned in 2012-
2013 was Tk. (0.031) crore.
The brand of products is "Consul". Presently 15
persons are working in the factory and yearly
turnover Tk. 3.76 crore. Profit earned in 2012-
2013 was Tk. 0.09 crore.
Enesel Textile Mills, Chittagong
REAL ESTATES OF SENA KALYAN SANGSTHA
Sena Kalyan Bhaban, Motijheel, Dhaka
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AMIN MOHIUDDIN FOUNDATION, DHAKA.
The Amin Mohiuddin Foundation building (Amin Court) is located at 62-63, Motijheel
Commercial Area, Dhaka. The building has been beautifully designed, air-conditioned and
is being nicely maintained. It is a 7-Storied
building with rentable space of 58,773 sft. Yearly turnover Tk. 4.75 crore. Profit earned in
2012-2013 was Tk.3.38 Crore.
Amin Mohiuddin Foundation, Motijheel, Dhaka
SK COMMERCIAL COMPLEX, TONGI, GAZIPUR. It is nine-storied (with basement) Commercial Complex building situated on the Dhaka-Tongi Road near to Tongi Bridge. The project has started functioning as an independent project from 23
December 2001 by renting basement upto 2nd
floor.
The Ground floor is exclusively a shopping area having 111 shops of which 4 being used for SKCC Management Office. At present the complex areas are rented to export oriented garment industries, bank. Yearly turnover Tk. 12.49 crore. Profit earned in 2012-2013 was Tk. 9.17 Crore.
SK Commercial Complex, Tongi
ANANNYA SHOPPING COMPLEX, DOHS,
BARIDHARA, DHAKA. A six- storied
Commercial cum shopping Complex with
basement parking is situated at DOHS,
Baridhara, Dhaka. Yearly turnover Tk. 4.75 crore.
Profit earned in 2012-2013 was Tk. 2.74 Crore.
Anannya Shopping Complex, Baridhara
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SENA KALYAN BHABAN, KHULNA.
It is a five storied building located in the city centre on the KDA Avenue. It's total land area is 2.5 bighas. One sales and display centre of SKS is located here. The building was originally
designed and constructed for a modern Hotel. SKS is operating the Hotel named as Tiger Garden Int’l Hotel ,Khulna. Yearly turnover Tk. 2.38 crore. Profit earned in 2012-2013 was Tk.
0.68 crore.
Tiger Garden Int'l Hotel, Khulna
SENA KALYAN CONSTRUCTIONS &
DEVELOPMENTS. Real Estate Business in
one of the booming sector in Bangladesh.
Sena Kalyan Sangstha has rightly incepted
the idea to explore the opportunity through
its new Concern “Sena Kalyan Constructions
and Developments (SKCD)” Limited. At present construction of 7 storied building
on 28x plots and 14 storied buildings on 2
plots ( 16 katha & 32 Katha) are in Progress.
Meanwhile 3 x plots are already handed over
to the valued clients. Yearly turnover Tk.
11.63 crore. Profit earned in 2012-2013 was Tk. 1.96 Crore.
SENA KALYAN READY MIX CONCRETE,
MIRPUR. Sena Kalyan Sangstha is in the verge of
commissioning the Ready Mix Concrete Plants at
Mirpur. Setting up of 2 x Batching Plants and
Erection of 2 x Cement Silo completed. Test run is
going on wef 19 Nov 2013 with bulk cement. Trial
operation of 06 x mixture truck is also completed.
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SENA KALYAN SANGSTHA TRADING
HOUSE. The Trading House was established mainly to import raw material for its own
industrial units. It has successfully imported pig iron, fertilizers, wheat and industrial raw materials etc. During the year 1994-95 it was one of the highest profit earning units of the Sangstha. Last year turnover was Tk. 6 crore.
Profit earned in 2012-2013 was Tk. 18.08 lac.
COMMERCIAL UNITS OF THE SANGSTHA
SK ELECTRONICS, DHAKA. SKS Management
decided to market Citizen Television, Fridges,
Sainik Bulb / Tube Lights, CFL through this
concern. It is located at Annaya Shopping
Complex Building at Baridhara ,DOHS,Dhaka.
Yearly turnover Tk . 6.25 crore. Profit earned in
2012-2013 was Tk. 7.38 lac.
SENA FILLING AND CNG STATION,
CHITTAGONG. The Sena Filling and CNG
Station commissioned on 8 May 2005 It is
located at 3/D, Sholashahar Industrial Area,
Nasirabad, Chittagong for trading of Diesel, Petrol & Octane and CNG. For CNG filling, there are three dispensers with two nozzles.
Yearly turnover Tk. 25.10 crore. Profit earned in
2012-2013 was Tk. 79 lac.
Sena Filling and CNG Station, Chittagong
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SENA KALYAN INSURANCE COMPANY LTD
SKS got permission to operate a General
Insurance Company (Sena Kalyan Insurance Company Ltd) on 04 Jul 2013. It has already started its commercial activities from 1st Oct 2013 with a grand launching ceremony at Radisson Blu Water Garden Hotel. SKICL Head Office is at
Jalalabad Bhaban, Kawran Bazar, Dhaka.The minimum paid-up capital is Tk. 40 crore for this company.
SKS SALES PROMOTION OFFICE.
Sales Promotion Office, Dhaka.
Sales Promotion Office, Chittagong.
Sales Promotion Office, Khulna.
Sales Promotion Office, Bogra.
Sales Promotion Office, Sylhet. NEW PROJECTS.
THIRD CEMENT GRINDING MILL AT MONGLA
CEMENT FACTORY.
Tender invited : 30 March 2013 Tender opened : 10 June 2013 Technical evaluation completed : 17 August 2013 Financial evaluation completed : 07 October 2013 CNBM, China got finally selected by evaluation
committee and approved by Chairman BOT on 08
Oct 13. Contract Agreement signed on 10 Nov 2013. Approximate project cost will be Tk. 146 crore.
Note : Soft Loan is Necessary for this project
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LPG BOTTLING PLANT AT MONGLA BY SKS. For setting up of LPG bottling plant, temporary
license from Ministry of Energy has been achieved.
Trade license & TIN certificate from local authority
has been acquired. Approval from Board of
Investment, Patent Design & Logo from Ministry of
Industries in the process. Clearance from
Department of Environment are under progress.
Other clearances will be obtain subsequently.
Initially it will be of 30,000 MT/year capacity of
plant, which will be increased up to 60,000 MT/year.
Approximate project cost will be Tk 150 crore.
Tender has been floated in the daily News Paper on 24 October 2013 for EPC vendors.
Time plan: Tender call through news media : 05 Nov 13 Site visit by participants : 29 Nov 13 Tender dropping & opening : 18 Dec 13 Short-listing by evaluation committee : 31 Jan 14 Financial evaluation : 20 Feb 14
Issue of LOI to selected bidder : 01 Mar 14
Note : Soft Loan is Necessary for this project
CONSTRUCTION OF SKS TOWER (MEGA SHOPPING MALL), MOHAKHALI, DHAKA. Decided to construct a 13 Storied Mega Shopping Mall. Plan has been approved and submitted to Cantonment Board. Approximate Project cost will be Tk. 230 crore. Construction has already been started
.
Note : Soft Loan is Necessary for this
project
SKS Tower, Mohakhali, Dhaka
CONSTRUCTION OF SENA KALYAN BUSINESS
MART (FECTO YAMAGEN ELECTRONICS),
TEJGAON, DHAKA. Decided to construct a 10 storied
Commercial Building in this land. Approximate cost of the
project will be Tk. 45 crore. The plan is approved by the
BOT. Construction will start as soon as possible.
Note : Soft Loan is Necessary for this project
Sena Kalyan Business Mart, Tejgaon
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CONSTRUCTION OF A 20-STORIED ENESEL
MULTIPURPOSE EXPO CENTRE, DAMPARA,
CHITTAGONG. Decided to construct a 20 storied steel structure multipurpose complex at this land. Approximate cost of the project will be Tk. 280 crore.
Architectural drawing completed and submitted to
CDA. NOC for high-rise building is approved by CDA. Construction work has already been started. However EPC contractor (Foreign) will be encouraged to build the structure. Note : Soft Loan is Necessary for this project
CONSTRUCTION OF SENA KALYAN
TWIN TOWER (SAVOY), TEJGAON,
DHAKA (SAVOY). Decided to construct
a 13 Storied Commercial Building cum
Convention Centre on this land.
Approximate cost of the project will be
Tk. 95 crore. Construction work will start
immediately.
Note : Soft Loan is Necessary for this
project
Sena Kalyan Twin Tower, Tejgaon, Dhaka
Enesel Multipurpose Expo Centre, Dampara, Chittagong
CONSTRUCTION OF SENA KALYAN TRADE CENTRE, AGRABAD, CHITTAGONG. SKS is constructing a
Trade Centre at Agrabad, Chittagong named Sena Kalyan Trade Centre (SKTC). Approximate cost of the project will be Tk. 50 crore. The construction
work started on December 2012. 02 x
Sena Kalyan Trade Centre, Agrabad, Chittagong
basement completed. Likely completion will be on December 2015.
Note : Soft Loan is Necessary for this
project
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TAKING OVER OF DHAKA VEGETABLE OIL MILL (DVOIL) FROM SONALI BANK LTD
THROUGH OPEN AUCTION . It was decided to takeover DVOIL from Sonali bank through
lled by Sonali Bank on 22 Aug 2013. SKS won the auction with open auction. Auction was ca
highest offer, SKS will have to pay Tk. 60 crore to Sonali Bank and other Stack
Holders. It is in the process of taking over. After taking over, the plant to be made
operational immediately.
Note : Soft Loan is Necessary for this project
FINANCIAL STATUS
a started its commercial activities since 1972 with net worth of Tk. few of its industrial and commercial units incurred loss but overall
Sena Kalyan Sangsth 2.50 crores. However,
performances were always favorable. Net worth of SKS (as per book value 2011-2012)
as under:
Ser Description Taka in crore 1 SKS own Land Tk. 956.00
2 Lease hold Land Tk. 1461.75
3 Building Tk. 927.29 4 Machinery Tk. 152.98
5 Vehicle Tk. 6.16
6 Furniture Tk. 1.22
7 Equipments Tk. 13.92
8 Bank Tk. 256.11
9 Credit in Market Tk. 52.89
10 Other current assets Tk. 64.82
11 Net profit for the year 2012-2013 (after tax) Tk. 88.19
Total Tk. 3,981.33
THE PROFIT TRENDS OF LAST FIVE YEARS
The profit trend of Last four year of the Sangstha are shown as under:
Ser Financial Year Profit Trends (Tk In Lac)
1 2008-2009 5395
2 2009-2010 7419
3 2010-2011 7694
4 2011-2012 8829
5 2012-2013 10472
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Profit Trends (Tk In Lac)
Profit Trends (Tk In Lac)
10472
7419 7694
8829
5395
2008-2009 2009-2010 2010-2011 2011-2012 2012-2013
BAR CHART PROFIT FOR LAST 05 YEARS
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Assets 6,362,244,314.98 5,068,705,567.53
B `1:3 .18:3 .12:3 663,983,212.02 .14:3
C 6,691,065,341.02
4,600,545,056.58
STATEMENT OF YEAR-WISE CONSOLIDATED RATIO ANALYSIS
Sl
No Ratio
Standar d FY-2012-2013 FY-2011-2012 FY-2010-2011
Current
Ratio
A Current
`2:1 2.34:1 1.86:1 4,599,086,767.16 3.22:1
Current
Liabilities 2,718,362,779.34 2,718,362,779.34 1,426,537,072.42
Debt Ratio
Borrowed Capital 1,052,106,118.83 633,144,106.02 Capital
Employed 5,831,737,743.09 5,171,609,722.05 4,600,545,056.58
Assets
Turnover
Ratio
6,463,214,631.47 6,009,030,815.56
5,605,407,916.80
Total 2 to 4 0.67 0.82 0.84 Turnover Times 9,602,207,641.26 times 7,299,105,246.31 times times
Total Assets
Stock Turnover
Ratio
Cost of 8 to 12 7.81 7.45 D
Goods Sold Times 4,605,659,189.21 times 4,645,011,869.98 times
Agerage
Stock 589,977,901.86 623,094,629.81
4,546,339,110.03
428,031,251.21
10.62
times
Turnover to
Working Capital
Ratio
E Turnover 2 Times
Working
1.77 1.68
6,463,214,631.47 times 6,009,030,815.56 times
5,235,717,204.05
1.65
times
Capital 3,643,881,535.64 3,574,354,149.29 3,173,269,695.27
Return on
Investment
Ratio
Net Profit 10% to
F after Tax 20% 679,289,532.04
11.65%
551,084,313.46
10.66% 545,441,095.60 11.86%
Capital Employed 5,831,738,743.09 5,171,609,722.05
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BAR CHART RATIO ANALYSIS LAST THREE FOR SKS
CURRENT RATIO
FORMULA= CURRENT ASSETS CURRENT LIABILITIES
STANDARD = 2:1
FY-2010-11 = 459,90,86.767.16
142,65,37,072.42 = 3.22:1
FY-2011-12 = 506,87,05,567.53
149,43,51,418.24 = 3.39:1
FY-2012-13 = 636,22,44,314.98
271,83,62,779.34 = 2.34:1
DEBT RATIO
FORMULA= BORROWED CAPITAL CAPITAL EMPLOYED
STANDARD = 1:3
FY-2010-11 = 66,39,83,212.02
460,05,45,056.58
= 0.14:3
FY-2011-12 = 63,31,44,106.02 517,16,09,722.05
= 0.12:3
FY-2012-13 = 105,21,06,118.83 583,17,37,743.09
= 0.18:3
COMMENT : ALL 3 YEARS FAVOURABLE
20
ASSET TURNOVER RATIO
FORMULA= TOTAL TURNOVER TOTAL ASSETS
STANDARD = 2 TO 4 TIMES
FY-2010-11 = 560,54,07,916.80 669,10,65,341.02
= 0.84 TIMES
FY-2011-12 = 600,90,30,815.56
729,91,05,246.31 = 0.82 TIMES
FY-2012-13 = 646,32,14,631.47
960,22,07,641.26
= 0.67 TIMES
COMMENT : ALL 3 YEARS UNFAVOURABLE
STOCK TURNOVER RATIO
FORMULA= COST OF GOODS SOLD AVERAGE STOCK
STANDARD = 8 TO 12 TIMES FY- 2010-11 = 454,63,39,110.03
42,80,31,251.21
= 10.62 TIMES
FY-2011-12 = 464,50,11,869.98 62,30,94,629.81
= 7.45 TIMES
FY-2012-13 = 460,56,59,189.21 58,99,77,901.86
= 7.81 TIMES
TURN OVER WORKING CAPITAL
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FORMULA= TURNOVER
WORKING CAPITAL
STANDARD = 2 TIMES
FY-2010-11 = 523,57,17,204.05 317,32,69,695.27
= 1.65 TIMES
FY-2011-12 = 600,90,30,815.56
357,43,54,149.29 = 1.68 TIMES
FY-2012-13 = 646,32,14,631.47
364,38,81,535.64 = 1.77 TIMES
RETURN ON INVESTMENT RATIO
FORMULA= NET PROFIT AFTER TAX CAPITAL EMPLOYED
STANDARD = 10 TO 15 %
FY-2010-11 = 545441095.60 4600545056.58
= 11.86%
FY-2011-12 = 551084313.46
5171609722.05
= 10.66%
FY-2012-13 = 679289532.04 5831738743.09
= 11.65%
COMMENT : ALL 3 YEARS WITHIN
STANDARD
WELFARE ACTIVITIES
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General. The main objective of Sena Kalyan Sangstha is to support the beneficiaries in the form of
Educational Stipend to the dependents of Ex- service personnel and providing medical supports to
the Ex-servicemen and their dependents upto 18 years of age. The welfare activities are regulated
by the Welfare Directorate of Sena Kalyan Sangstha. Based on the profit earning of the Sangstha
as well as the requirement of various welfare activities fund is allotted for the welfare budget. Welfare Activities: Sena Kalyan Sangstha extends its welfare activities to the following fields:
1. Educational stipend/grant. 2. Stipend grant for training. 3. Medical Treatment. 4. Distressed Allowance (Dustho Bhata) 5. Veteran Allowances. 6. Old Home Facilities. 7. Dispensary Facilities. 8. Rest House Facilities. 9. Providing of Accommodation to the Extremely Distressed Members of “Retired Armed
Forces Personnel” who were Freedom Fighters in Liberation War. 10. Creation of Special Fund for Institutions supporting “Retired Armed Forces Personnel”
11. Corporate Social Responsibilities (CSR) Educational Stipend: Educational grant/stipend is admissible to eligible students from class six (VI) to post graduate level provided they are studying in a recognized school, college and
university.
Eligibility: Only the under mentioned persons are entitled to receive educational stipend.
1. Ex-Armed Forces Personnel of Bangladesh, Army, Navy and Air Force including
released and retired personnel of British Indian Armed Forces and of Pakistan
Armed Forces and their wives, sons and unmarried daughters.
2. Wives, sons and unmarried daughters of Shaheed/deceased Offrs, JCOs and OR.
3. Only the citizens of Bangladesh are entitled to receive Sangstha’s
educational stipend.
4. Applicant’s or his guardian’s income will not exceed Tk. 2,00,000.00 per annum.
This provision may be changed by the management from time to time.
5. Educational stipends will be awarded to the eligible applicants who obtain 45% or
GPA-2.50 and above marks or GPA in all level.
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Medical Facilities: Following medical facilities are extended by Sena Kalyan Sangstha:
a. Eye Treatment.
b. Provision and Repair of Artificial Limbs.
c. Continue Treatment for Renal disease, Heart Disease, Diabetic Mellitus
Cancer, Paralysis, Parkinson disease.
d. Special Treatment for Renal disease, Heart Disease, Diabetic Mellitus
Cancer, Paralysis, major operation.
e. Extra Ordinary Treatment (Treatment Abroad)
DISTRESSED ALLOWANCE (DUSHTO BHATA)
Eligibility: Only the under mentioned persons are entitled to receive Distressed Allowance
(Dushto Bhata):
1. Widows of Ex-armed Forces Personnel of Bangladesh Army, Navy and Air Force including
released and retired personnel of British, Indian Armed Forces and Pakistan Armed Forces.
2. Widow wives of Shaheed/Deceased Offrs, JCO, OR, NC(E) and MODC personnel.
3. Only the citizens of Bangladesh are entitled to receive Dushto Bhata.
VETERAN ALLOWANCES
ces Personnel of Bangladesh Army, Navy and Air Force including
Eligibility: Ex-Armed For
released and retired personnel of Indian Armed Forces and Pakistan Armed Forces
Offrs/JCO/OR/NC(E) of the age of 70 (Seventy) and above years old 65 years in case of injured
persons in CHTs/Liberation war.
SENA KALYAN SANGSTHA’S REST HOUSE : Ex-servicemen used to face difficulties for their
with their limited means. In consideration of their short stay at Dhaka, Chittagong and Rajshahi difficulties Sangstha has been maintaining Six Rest Houses for them presently located at Officer
Rest House, Mohammadpur, Dhaka, JCO/OR Rest House, Dhaka Cantt, Dhaka, Officer Rest
House, Chittagong JCO Rest House Chittagong, OR Rest House Chittagong, and Officer/JCO/OR
Rest House, Rajshahi where they get reasonable accommodation at nominal exp.
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CORPORATE SOCIAL RESPONSIBILITY (CSR): As per the Scheme of Administration of Sena
Kalyan Sangstha, retired Armed Forces Personnel and their dependents are entitled to get
various welfare from this Sangstha. In addition to this policy Corporate Social Responsibility
(CSR) activities have been introduced. Under this policy the dependents Autistic children of
Armed Forces Personnel and civilian are studying in various schools established in the
Cantonments. Under the Supervision of the Army a Autistic school named PROYASH have been
functioning in the Cantonments.
OPERATING MEDICAL DISPENSARY UNDER BASB. A large number of Retired Armed Forces
Personnel are like in various District in Bangladesh where CMH is not available. For supporting
Retired Personnel medical support Sena Kalyan Sangstha establish 11 Dispensary under BASB;
those are located at Tangil, Jamalpur, Faridpur, Noyakhali, Dinajpur, Pabna, Kushtia, Barishal,
Patuakhali, Sylhet, Khulna.
OLD HOME FOR THE BENEFICIARIES.
Construction of 1st Old Home (out of six) at
Rangpur area is in progress. Foundation Laying by
Area Commander on 10 Sep 2013. Total project cost Tk 7.40 Crore (upto 2 storied with 6 storied
foundation). SKS already handed over Tk 5 crore to Area HQ, Rangpur. MCF is supplying Elephant
brand cement from Mongla at factory rate.
XPENDITURE OF WELFARE DIRECTORATE 1972 TO OCT-2013
Description Number Amount of Tk.
Educational Stipend 5,21,357 65,10,95,227
Medical Treatment 35,954 47,74,07,529
Training, Rest House and Financial Help 2,21,800 6,52,20,349
Dushto Bhata 55,529 9,93,50,530
Veteran Allowance 8,294 6,11,49,930
Institutional Support Fund 10 94,06,793
Extremely Financial Distressed F.F 01 4,23,610
Corporate Social Responsibility CSR 26 28,60,571
BASB MI Room 11 55,88,000
Website of SKS Welfare Automation 12,00,000
Total 8,42,982 137,37,02,539
CONCLUSION:
Sena Kalyan Sangstha is one of the largest welfare cum industrial and commercial organization of our
country. It has been working for the welfare of the Ex-Armed Forces Personnel, Shaheeds and their
dependants. SKS is indeed an institution of commendable potentiality and steady growth prospect.
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PROPOSED LPG PLANT AT MCF, BAGERHAT
1. SKS intends to install an LPG import, storage, bottling and distribution plant of 30,000 MT/year (minimum) capacities on EPC/turnkey basis. This plant will be installed at
Mongla (2nd
maritime port of Bangladesh), Bagerhat, Bangladesh. The unit should be
robust, durable, energy efficient, user friendly, with all essential equipment, modern facilities, PLC system and equipped with high safety measure.
2. In this connection, Management of SKS intends to engage experienced EPC
Contractor/firm for turnkey execution, including design, supply, construction, installation,
testing, supervision, commissioning, training, performance test and trial run.
3. LPG will be imported from abroad (Middle-East, Qatar, Saudi Arabia, Malaysia,
Indonesia, Hong-Kong etc) by LPG carrying vessels. Unloading system/equipment to be
installed on the existing clinker Jetty or newly constructed jetty.
4. LPG will be transmitted from carrying vessels to two storage tanks, minimum
capacity of each tank 3,500 m³ (total capacity 7,000 m³ or 3,200 MT), through two
pipelines (vapor and liquid phases).
5. Imported LPG will be used as raw materials for filling up four types of bottles (6 kg, 12 kg, 33 kg and 45~50kg) with the facilities of bulk supply and the scope of future
expansion. Present minimum production capacity for standard bottle (12 kg) will be 25
lac/year.
6. After filling, the bottles will be placed to the distribution points for further
transportation and marketing.
7. Three satellite filling stations will be installed in three different locations in future
(NOT INCLUDED IN THE PRESENT SCOPE); as a result, the plant will have the
provisions to cater the satellite stations.
8. In the design and construction of the project, the link up/interconnection between
proposed initial and future expansion plant is taken into the consideration.
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9. The following technical criteria will be full filled for the project.
a. Annual Filling Capacity: 30,000 MT (minimum)/year capacity based on 300
days of operation each of 08 hours. Minimum bottling capacity of standard bottle
(12 kg) will be 25 lac/year.
b. LPG Storage Capacity: 2x3, 500 M3 (2x spherical storage tank)/Total
capacity 3,200MT (min).
c. Bottling/Pack/Fill Size: 6kg/cyl, 12kg/cyl ,33 kg and 45~50kg/cyl( Filling line
for 12kg size cylinder will be widely used) with the provision of bulk supply system.
d. Product Composition: Propane (70% to 30%) & Butane (30% to 70%).
e. Mode of Implementation of the Project: Should be Package offer and
Turn-Key basis.
10. Country of origin & Manufacturing Country of the all Equipment and
Accessories : From EEC, Japan, USA, Canada, Switzerland and Australia.
11. Project Cost: Tentative project cost Tk 150 crore excluding land cost.
12. Expected Date of Completion of the Project: December 2015.
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MONGLA CEMENT FACTORY, BAGERHAT
1. General. Mongla Cement Factory is one of the biggest industrial unit of Sena Kalyan Sangstha. It is also a cement producing modern factory in Bangladesh. It stands on the bank of the river Pashure near Mongla Port. It has both river & high way communication with other districts of the country. The factory started production at the end of 1994. There are two mills in this factory. The production capacity of these mills are 100 MT per hour. The factory has been producing & marketing cement for last 18 years with it’s goodwill. Elephant
Brand is very much popular to the users for it’s accurate weight, quality & better workability.
2. Technical Specification of the Factory.
a. The Factory has been designed as a modern close circuit ball mill and
dynamic separator. It can produce two type of cement as under:
(i) Portland Cement (CEM I /42.5N, CEM I /52.5N).
(ii) Portland Composite Cement (CEM II/B-M(SVL) 42.5 N).
b. There are two mills. The Grinding Capacity of these mills are described below:
Ser Operation Grinding Capacity Total Duration Mill - 1 Mill - 2 Production
Capacity
1. Per Hour 65 MT 35 MT 100 MT
2. Per day (20 1300 MT 700 MT 2000 MT Hours)
3. Per Year (300 Hours)
3,90,000 MT 2,10,000 MT 6,00,000 MT
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3. Induction of 3rd
Cement Mill at MCF, Bagerhat. With the increased market
demand, SKS Management has decided to establish 3rd
Unit Cement Mill at Mongla. Accordingly, tender was invited on 30 March 2013. After Technical Evaluation & Scrutiny,
SKS has signed Contract Agreement with a capacity, minimum 110 Tph and Flyash project
with CNBM International Engineering Company Limited, China. It is a EPC contract. The
project cost will be (approximate) 18,249,000 USD (Tk. 146 crore). 4. Technical Informations of 3rd Cement Mill. The Core equipments will be from the European Origin and auxiliary equipments from the European Licensee organization in Asia.
Main core equipment like Mill motor, separator, Gearbox, Girth gear, Girth gear pinion,
Torsion shaftl Bucket Elevator and 33 KV gas generated switch gear will be from European
Countries, specially Germany and Italy. Fly-ash project will be consisted of ship un-loader conveying and fly-ash storage system. It will be from Netherland. Flay-ash conveying system will also be a pneumatic one. Fly-ash storage silo will be constructed locally with
storage capacity 2000 MT and conveying capacity will be 150TPH.
5. This project has started from 10 November 2013 and it will be completed by 09 November 2015. With the Introduction of 3rd unit cement mill, yearly turn over of SKS will
increase by approximate Tk. 528 crore and add to the profit by Tk. 80 crore.
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