Surya Roshni Limited

SURYA ROSHNI LIMITED

SURYA ROSHNI LIMITED - INTRODUCTION

Since its inception in 1973, when it set up a steel tube manufacturing plant in Haryana,

Surya has kept pace with changing times.

Today, Surya is India's second largest manufacturer of lighting products. Its steel tube

manufacturing plant is one of the largest in Asia!

The company maintains its leadership in the export of fluorescent tubes and has achieved

high brand visibility in 48 countries across the globe.

Keeping in mind the safety of its workers and the protection of the environment, Surya

has been using Hydro Based Technology(HBT) since its inception. This technology uses

water as a solvent to suspend phosphor which is used as a special coating for the

Fluorescent Tube Lamps. Water is used because it is more eco-friendly than chemicals

such as Xylene or Butyl Acetate and doesn't make the process detrimental to the health of

the workers in the workplace.

This section will take you through Surya's journey, its global presence, coverage in the

Indian press and efforts to keep the environment safe.

Since its inception in 1973, when SURYA set up a Steel Tubes manufacturing plant in

Haryana, by keeping the pace with the changing times and constantly focusing on higher

goals it diversified into manufacturing of Lighting products in 1984. It implemented a

major expansion and backward integration programme in 1990s, which resulted into

timely availability of good quality of material at cost effective prices. Over almost a

1


period of 35 years SURYA ROSHNI LIMITED is now a leading manufacturing company

in lighting and Steel Tubes Industry. By adopting cost effect relationship and no

compromise with quality Company becomes the leader in Steel Tubes/ Pipes market and

amongst the Largest lighting Companies in India.

The hallmark in today's competitive market is global presence. Today, Surya finds itself

in 48 countries and is in direct competition with world famous manufacturers. Its brand

name is available at some of the world's best outlets. Surya is the first Indian lighting

company to get the prestigious CE mark on its GLS & FTL for meeting European Safety

Standards. The CE mark is mandatory for companies to enter European markets.In

today's global economy quality indicates the parameter of company's success.

Your company's success both domestic and globally is due to adoption of higher level of

quality controls which now becomes the driving force of our success. Your company

succeeded in bench-marking quality and innovation standards by achieving the ISO 9002

in the year 1999. The company was awarded ISO-14001 and OHAS-18001 certifications

related to environment and safety respectively.

INDUSTRY STRUCTURE AND DEVELOPMENT

Company experienced a cutthroat competition from other established market players and

unorganized sectors, but still lighting division is witnessing steady growth in turnover

and profit. The following may impact the market in the coming years :

Small Scale Industry in GLS and FTL

Shift from traditional to innovative lamps and systems

To overcome these problems the company has started manufacturing of Energy Saving

Lamps (CFL) and likely to start business in innovative lamps.

The Steel Tubes industry too witnessed growth during the year under review and the

market growing steadily due to the boom in infrastructure sector. There is tremendous

scope for export of ERW Steel Pipes as well as Cold Rolling particularly to Canada,

2


U.S.A. and European Countries including U.K, Germany and Belgium etc. The future is

likely to see only those companies successful, which have their products priced

competitively and to sell their products in the international market. All possible efforts

are being made by your company to reduce costs without compromising on the quality of

the product and increase the export.

Opportunities

Potential increase in demand of energy efficient products

Untapped potential in outsourcing and marketing of Luminaries

Increase in demand of regular lighting products with a general improvement in the

power condition in urban as well as rural sectors and increase in spending on

infrastructure development

Threats

Tough competition from multi-national companies

Unbranded products from the unorganised sector

Segment-wise performance

The company is broadly divided into two main segments viz. Steel and Lighting. During

the year under review, the revenue distribution of various products of the two divisions.

Outlook

The Government is giving continuous thrust on housing and infrastructure sector where

Steel Tubes and Pipes are used. The existing refineries are expanding their capacities and

new refineries are coming into the scene. In future also there seems to be a tremendous

scope for export in ERW Pipes as well as Cold Rolling particularly to Canada, USA and

other European Countries. The government spending on infrastructure development is

also expected to increase the demand of pipes every year. With the easy availability of

finance and tax incentives, it is expected that housing sector will get a major boost. In

3


view of the same, the long term outlook of the Company remains positive. Steel Division

of the Company has been approved for production of API-5L Grade X-70 Pipes, which is

a matter of pride for us and which will enable us to tap huge demand available in the

market.

Risks and concerns

Technology obsolescence is an inherent business risk in a fast changing world and speed

of change and adaptability is crucial for survival of business. Government energy policy

and development of new superior products may render some of its existing production

facilities obsolescent. At SURYA, the continuing modernization, aggressive cost cutting

and adaptability of new technology are always main strengths and enabled the company

to do away with obsolescent plants/processes and to emerge as one of the most modern

plants in the lighting industry throughout the world. Its strength enable the Company to

face future risk and convert them into opportunities.

Further aggressive cost cutting, addition to the product mix to incorporate more value-

added products and with the present strengths of the company, the management feels that

it can now compete effectively both in terms of quality and price with similar products

imported from various countries. With the assistance of world-renowned consultants, the

company has made good progress towards its objective of becoming the world leader in

lighting products. Intense competition in the Lighting industry, the company is adding a

new product range. Moreover, stress is being laid on boosting exports as well as

institutional demands. At the same time, labour, time and money is also being geared

towards making the various plant premises more and more eco friendly.

The Steel Tubes industry has also been witnessing a fast changing environment. The

quality parameters of pipes used in the oil sector are becoming more stringent each day.

Moreover, any failure of pipes after the supply to customers in the oil and gas sector

attracts heavy penalties. The company is taking utmost care to ensure very high quality of

products.

During the year under review, the company took major steps towards upgaradation of

4


technology in order to ensure compliance of the quality norms.

Internal control system

Your Company has a continuous process of evaluation of the adequacy of systems to

ensure that the assets are safeguarded against loss from unauthorized use or disposition ,

and that transactions are authorized, recorded and reported correctly. The budgetary

control system is also in place to monitor capital-related costs and revenue costs against

division - wise approved budgets.

Regular internal audits and checks are conducted. The Audit Committee of the Board of

Directors reviews, at periodic intervals, the adequacy and effectiveness of internal control

systems and suggests improvement for strengthening them.

Industrial relations and human resource management

Industrial relations during the year under review were cordial and peaceful. The

management wishes to place on record, the excellent cooperation and contribution made

by the employees, collectively called "SURYA PARIVAR", at all levels of the

organisation to the continued growth of the company. There was constant focus on all

round organizational development. Various training programs including visionary

exercises were conducted for personal as well as professional development of the

employees. Further various other activities like annual sports, festival celebrations take

place every year to get in touch with them and their families.

Relationship has been very cordial with the worker's union for the past several years.

During the month of January 2008 the management executed wage agreement with the

union, which shall be applicable till 31st December, 2010.

The Company's industrial relations continued to be harmonious during the year under

review. The number of persons directly employed by the Company was 3533 as on 31st

March, 2008.

5


Honesty and Integrity

All directors and senior management shall conduct their activities in accordance with the

highest standards of personal and professional integrity, honesty and fairness. All

directors and senior management will act in good faith, responsibly, competence and

diligence, which are free from fraud and deception, in the best interests of the Company

without indulging their personal interest.

Conflicts of Interest

All Directors and Senior Management of the Company shall not engage in any business,

relationship or activity, which might detrimentally conflict with the interest of the

Company. Their duty to the Company demands that they avoid

6


Objectives

A dynamic organization is one which keeps its aim high to adopt itself quickly to

changing environment . so here we are in SURYA ROSHNI LIMITED.

The objectives of the company have been redefined in the corporate plan for the 2010.

Focus

To build high degree of confidence by providing increased value for his money through

international standards of product quality performance and superior customer service .

Vision

A world – class Engineering enterprise committed to enhancing stakeholder value .

Mission

To be an Indian Multinational Engineering enterprise proving total business solutions

through quality products system and services in the field of electronic goods and steel

production

Values

Zeal to Excel and Zest for change

Integrity and fairness in all Matters

Respect for Dignity and potential of Individuals

Strict Adherence to Commitments

Ensure Speed of Response

Foster learning , creativity and

Loyalty and pride in the Companey

7


Corporate history

Surya's journey started in 1973 when it set up its steel pipe plant at Bahadurgarh,

Haryana(30 kms from Delhi). Today, this plant is one of the largest in Asia, and produces

180000 MT of steel pipes annually.

In 1984, Surya set up its first factory, for lighting products, at Kashipur (in Nainital, UP).

And in 1992, it built another factory at Malanpur (near Gwalior, MP). Both these state-

of-the-art lighting plants have been awarded the ISO 9001, ISO 14001 & OHSAS 18001

certifications.

Surya is the only lighting company with 100 per cent backward integration. It

manufactures all its components.

Today, Surya is the second largest seller of GLS and FTL in India. It has achieved a

turnover of over Rs 1200 crore and an international presence in 48 countries.

Surya Roshni's rising turnover in the last 3 years is shown here

Given below are the landmarks achieved by its plants at Kashipur and Malanpur.

8

http://www.suryaroshnilighting.com/htmdoc/corphist.html#malan

http://www.suryaroshnilighting.com/htmdoc/corphist.html#kashi


KASHIPUR

1984 Lighting division and factory building construction began

1985 GLS chain started production First chain of FTL started production

Surya tubes and bulbs launched in the market

1986 Second chain of FTL started production Modern glass factory began production

1987 Second GLS lamp chain started production

1988 Bulb blowing machine added to production

1989 HPSVL and Energy-Efficient 26mm FTL production began

1990 Tube drawing capacity expanded

1991 Tube drawing capacity expanded

1992 Production of Fluorescent powder, Filament for GLS and FTL began. Two more

GLS shell blowing machines started production

1993 -----------------------------------------------------------------

1994 New modern lead glass plant started production GLS lamp production capacity

increased

1995 GLS lamp production capacity doubled

1996 Filament and wire drawing capacity increased New automatic packing machine

for FTL introduced

1997 FTL capacity increased by addition of a new FTL chain

2001 Triband tubes developed

9


2002 Blended lamps and Blue Tubes developed ISO 14001 and OHSAS 18001

certifications received for safety & environment

2003 Production capacity of HID lamps increased from 1.5 lac Pcs. p.a. to 4.5 lacs Pcs.

p.a.

2004 Production capacity of HID lamps increased from 1.5 lac Pcs. p.a. to 4.5 lacs Pcs.

p.a.

2005 Additional tube Drawing Line installed in lead glass Furnace doubling the

production capacity Additional tube Drawing Line on sodalime Furnace

installed.Production capacity of tubular shells increased by 50% New FTL chain

installed from GE (Hungary)

2006 Capacity of wire drawing & filament plant enhanced by 90 million filaments p.a.

MALANPUR

1992 Production of 5 million FTLs and 20 million GLS started

1993 FTL capacity expanded to 10 million

1994 Production of H4-Halogen Lamps started

1995 Production of H3 Lamps started Production of Deco Lamps started

1996 High Speed Falma started for GLS lamp manufacturing with speed 3500 Pcs per

Hr. Aluminium cap plant for GLS started

1997 FTL automatic packaging machine started New Osram GLS chain started

1998 Asia's largest ribbon glass plant startedwith annual capacity of 400 million GLS

and 25 million FTL shell

1999 14" Danner machine started increasing capacity of FTL shell to 35 million p.a.

10


2003 Automatic Unit Carton Packaging machine for GLS started

2004 Second high speed falma chain installed with speed 4000 Pcs Per Hr.

2005 Third line of FTL installed. New fully Automatic FTL Packaging machine

installed.

Branches

Surya has a strong marketing network throughout the country with 29 branches, over

2000 authorized dealers and more than one lakh retailers. All the branches are well-

eqipped with online computer systems and efficient infrastructure for storage of

materials.

AHMEDABAD

BANGALORE

MUMBAI

BHUBANESHWAR (ORISSA)

CALCUTTA

CHANDIGARH (C&F Agent )

11

http://www.suryaroshnilighting.com/htmdoc/branch.html


DELHI

CENTRALIZED GODOWN

HYDERABAD

INDORE (Office)

JABALPUR

JAIPUR

JAMMU (Consignment Agent)

KASHMIR (Consignment Agent)

KANPUR

KOCHI (ERNAKULAM)

CHENNAI

MADURAI

NAGPUR

PATNA

PUNE

PARWANOO (C&F Agent)

RAIPUR

ROHTAK

RANCHI

SILIGURI

UTTARANCHAL

VIJAYWADA

ZIRAKPUR (C&F AGENTS)

12


Plants

Kashipur plant

Malanpur Lamp plant

Malanpur Ribbon Glass plant

Malanpur lamp plant

13

http://www.suryaroshnilighting.com/htmdoc/visit/ribbonglassplant/navmain.htm

http://www.suryaroshnilighting.com/htmdoc/visit/malanpur/navmain.htm

http://www.suryaroshnilighting.com/htmdoc/visit/kashipur/navmain.htm

http://www.suryaroshnilighting.com/htmdoc/visit/kashipur/navigator1.htm






Kashipur plant

Financial performance

The Company was able to maintain itself as a leader in the Steel Tubes industry and as a

strong contender in the Lighting industry. Given below are the financials of the company

for the current.

Brief Financials (in Rs. Mn.)

Period ending (months)30-Jun-2008(3)

31-Mar-2008 (12)

31-Mar-2007 (12)

Net sales 4320.90 14851.00 10969.80Other Income 1.80 99.40 3.20Total Income 4322.70 14950.40 10972.99Cost of goods sold 4098.90 14038.90 10172.29

14




http://www.suryaroshnilighting.com/htmdoc/visit/ribbonglassplant/navigator1.htm









OPBDIT 223.80 911.50 800.70PAT 37.80 204.10 148.14Gross Block - - 6042.91Equity capital 260.00 260.00 260.01EPS (Rs.) - 7.85 5.70DPS (Rs.) - - 1.50BV (Rs.) - - 64.16P/E range (x) - 5.73 - 12.10 8.42 - 19.76Debt / Equity (x) - - 2.29Operating margin (% of OI) 5.2 6.1 7.3Net margin (% of OI) 0.9 1.4 1.4

During the year the turnover of the Company increased to Rs.1485.10 crores from

Rs.1302.64 crores last year, registering an increase of 14.00%. However the gross profit

increased to Rs. 53.08 crores from Rs. 49.47 crores last year, a rise of 7.30%.

Global presence

The hallmark in today's competitive market is global presence. Today, Surya finds

itself in 48 countries and is in direct competition with world famous manufacturers.

Its brand name is available at some of the world's best outlets.

Surya is the first Indian lighting company to get the prestigious CE mark on its GLS &

FTL for meeting European Safety Standards. The CE mark is mandatory for

companies to enter European markets. The company has also received other

international approvals such as TUV Bauart,SABS (South African Bureau of Standards)

and Sri Lankan Bureau of Standards.

Surya's GLS Conforms to the IEC 60064-Tungsten Filament Lamps for Domestic &

similar General Lighting purposes IEC 60432-1 safety and interchangeability

15


requirement of tungsten filament incandescent lamps for general lighting service and

Indian standard IS 418.

The Fluorescent lamp (FTL) conforms to the IEC 60081-Tubular Fluorescent Lamps for

General Lighting Purpose, IEN 61195-Safety specification for Double-capped

Fluorescent lamps and Indian standards IS 2418-1 to 4.

Currently, Surya exports to the following countries :

AlgeriaHongKong NewZealand

AustraliaIndonesia Nigeria

BangladeshIran Oman

BahrainIvoryCoast Paraguay

BelgiumJapan SaudiArabia

BotswanaJordan Singapore

ChinaKorea SriLanka

16


ColumbiaKenya Spain

DenmarkKuwait SouthAfrica

EgyptLuxembourg Syria

FranceMalaysia Thailand

GermanyMalta UAE

GhanaMauritius UK

GreeceMoracco U.S.A.

HollandMyanmar Yemen

ORGANIZATION STRUCTURE

17


Welfare activities

18

Managing Director

Human Resource Manager

Marketing Manager

FinanceManager

ProductionManager

Head of DepartmentSupervisor

Employees


SURYA reaches out to flood victims in Bihar; Truck-load of clothes and food

flagged off

SURYS and its employees once again rose to the occasion and demonstrated their

solidarity with fellow citizens and victims of natural calamities, which rocked the

nation during the year. A sum of Rs 3 crore was contributed by the company to

help mitigate the suffering of the people devastated by the severe earthquake.

As part of its corporate social responsibility, SURYA undertook a number of

welfare projects during the year at the company’s adopted villages located across

the country. These included blood donation campus, health check up campus &

infrastructure support at these adopted villages.

Also, as part of company’s commitment towards conservation of the environment,

several tree plantation drives were organization at its plants and township, located

across the country. With this, the total number of trees planted by the company

has gone up to 30 lakh trees.

Environmental care

19


For over 15 years now Surya has contributed to the community at large.

Mr. B. D. Agarwal, the company's Chairman and Managing Director, received the

'Environmental Activist of the Year' award on the 5th of June 1998 on the occasion of

'World Environment Day' from the Indian Federation of the United Nations.

This honour was conferred to him because he is among the few who have contributed

significantly to make this world cleaner, healthier and a better place to live.

This award is in reference to the Malanpur manufacturing unit of the company. With

large production capacity, the Malanpur plant stands out as a shining star, striking a

balance between nature and technology.

The company uses Hydro Based Technology (HBT) which is environmental friendly.

HBT uses water as a solvent to suspend Phosphor. Water is used because it is more eco-

friendly than chemicals such as Xylene or Butyl Acetate and doesn't make the process

detrimental to the health of the workers in the workplace. This is the latest technology in

the world. Surya has been using it since its inception.

Over the years, Surya has taken conscious steps to help conserve the environment and,

hence, help to build a brighter tommrow.

TV advertisements

20


These films created for Surya are part of the brand building exercise. The objective is to

associate Surya with the Sun - the ideal light source and to give the brand a meaning

beyond a brand of lighting products. These films are bright, vibrant and entertaining.

Awards & achievements

21

http://www.suryaroshnilighting.com/tvc/sunflower.zip

http://www.suryaroshnilighting.com/tvc/owl.zip


Over the years, Surya Roshni has won several awards for its excellent performance.

The company has been awarded the prestigious ISO 9001 certificate

The lighting division has been awarded with ISO 14001 & OHSAS 18001

certification.

The steel division has received the Visheswarya award for outstanding

performance

The Bureau of Indian Standards has given the BIS certificate marks licence to

use the standard mark on steel pipes for specifications - IS :1161, IS:1239,

IS:1978, IS:3589, IS:3601 (168.3mm to 219.1mm OD), IS:4270 and IS:9295.

The Company possesses the CE mark on its GLS & FTL category of lamps for

conformity to European Safety Standards that allows manufacturer and

exporters to distribute products within the European Union.

22


SRL- Lighting Division has got its products certified by TUV Rheinland and

accredited with TUV Bauart approval for product Safety.

SRL has got two star Export Home Status by Govt of India in the year 2004

Kashipur factory of Surya Lighting Division is getting the National Safety Award

for Outstanding Performance in Industrial Safety continuously since 1991.

SRL Kashipur (Uttaranchal) received the five star certificate for having the best

industrial facilities. This certificate was issued by the Goverment of Uttar

Pradesh.

Kashipur plant received an award for up keeping Environment from Uttaranchal

Environment Protection & pollution control board (UEPPLB) on 5th June 2005.

PHD Chamber of Commerce and Industry honoured our Chairman , Shri B.D.

Agrawal with Udyog Ratna Award Presented by Hon'ble Chief Minister of

Uttaranchal on 8th July 2005.

Surya's Malanpur Plant received the National Award For Excellence in Energy

Managment 2003 from the confederation Of Indian industry. Surya's Malanpur

Plant was adjudged as an Energy Efficient Unit.

Products

Surya Roshni has grown phenomenally within a short period of time to become one of

India's largest manufacturers of lighting products. Its state-of-the-art technologies in

products ranging from Fluorescent Tube Lamps, GLS Lamps, Energy Efficient Lamps

(CFL), Sodium and Mercury Vapour Lamps, Luminaires and accessories have

contributed to Surya's overwhelming presence in the domestic and 45 foreign markets.

23


With 100 per cent backward integration, Surya Roshni manufactures all its components

such as filaments and glass shells for GLS Lamps and FTLs, Fluorescent Powder, Lead-

in-wires and Lead Glass.

Surya's testing and development lab for product development and modification reflects

Surya's ideals of producing energy efficient illumination sources.

1. Lamps

2. Retail lighting

3. Luminaries

4. Components

Lamps

Incandescent

The Incandescent lamp is the oldest light source. It has gone through several changes to

suit various applications. This lamp can be found in almost all the applications where the

requirement is simple and compact.

At Surya, we produce the following types of incandescent lamps

24


General Lighting Service Lamp (Clear)

General Lighting Service Lamp (Milky)

Frost Finish Lamp

Decoration Lamps

Pastel Shade Lamps

Long Life Lamp

Vibration Resistant Lamp

110v Lamp

Discharge lamps

Discharge lamps comprise both low pressure and high pressure versions and are found in

various applications where energy saving and longer life is important. The lamp

characteristics depend on the lamp type on which it can be selected for various

applications. Among these CFLs are the recently developed lamps for the fluorescent

family with triband phosphor coating, which offer excellent lighting solutions, saving up

to 80 per cent energy compared to their equivalent GLS lamps. They have an average life

of upto 8000 hours.

Surya produces the following types of Discharge lamps

Compact Fluorescent Lamp (Retrofit)

Compact Fluorescent Lamp (Non-Retrofit), CFL-SE

Compact Fluorescent Lamp (Non-Retrofit), CFL-S


25



Tubular Fluorescent Lamp (Standard)

Tubular Fluorescent Lamp(Slim Lite)

High Pressure Sodium Vapour Lamp (HPSV-E)

High Pressure Sodium Vapour Lamp (HPSV-T)

High Pressure Mercury Vapour Lamp

Linear Halogen Lamp

Luminaires

At Surya, we produce the following types of luminaries

Domestic luminaires

Energy saving luminaires

Industrial luminaires

Commercial luminaires

Street light luminaires

Floodlight luminaires

Post top lanterns

Accessories

26


Components

Glass shell

Pear shells : 60mm, 45mm, 80mm Mushroom shells : 60mm Lota shells : 62mm

Tubular shells

4'38mm, 2'38mm, 4'26mm, 2'26m

Lead glass tubings

Surya's range of production is from 2.5mm to 14.5mm dia

Filaments

GLS – Filament

27


40W/230V, 60W/230V, 100W/230V (Coiled Coil)

40W/240V, 60W/240V, 75W/240V, 100W/240V (Coiled Coil)

40W/250V, 60W/250V, 100W/250V, (Coiled Coil)

200W/250V (Coiled Coil)

15W/230V (Single Coil)

60W/250V, 100W/250V (Single Coil)

FTL – Cathode

40W, 20W (Coiled Coil)

36W, 18W (Triple Coil)

Fluorescent Powder

Cool Day light 6500 K

Drawn wires

Tungsten - available in all sizes required for GLS/TL filaments

Molybdenum - available in all sizes required for GLS/TL filaments

Capping cements

1.GLS

2. FTL

28


Human resource policies

SURYA mainly recruits Engineer Trainees, Supervisor Trainees and Artisans, whenever

vacancies for these positions are sanctioned. Once vacancies are sanctioned, the

recruitment for these positions is conducted according to the process which will be

described in detail in open advertisement issued. You may look out for such

advertisements in the “Employment News”, and also at this website, where it will also be

hosted when issued. However, some broad features are given below :

1. For the positions of

a) Engineer Trainees

b) Supervisor Trainees

Normally, above two recruitments are centrally conducted for various Units of SURYA

and detailed advertisement, containing no. of vacancies, job-specifications, selection

process etc., is published in Employment News and hosted on SURYA website. Window

advertisement is, however, published in National Dailies. For these positions, generally

recruitment is conducted leveraging technology, which requires submission of

applications ‘on-line’ only. The broad job-specifications are as under :

Job Specifications

a) For Engineer Trainees

Full time regular Bachelor’s Degree in Engineering or Technology from a recognized

Indian University/ Institute in the relevant disciplines with minimum 60% marks in the

aggregate of marks of all years/ semesters.

29


b) For Supervisor Trainees

Full time regular Diploma in engineering in the relevant discipline with minimum 60%

marks in the aggregate of marks of all years/ semesters (relaxable to 55% for SC/ ST

candidates) from a recognized Indian University/ Institute.

Upper Age Limit

Engineer Trainee - 27 years for Graduates

29 years for Post-Graduates

Supervisor Trainee - 27 years

The selection process involves an All India based written test followed by interview. The

process by which the candidates, who apply, are shortlisted for inviting for written test

and interview, is described in detail in the advertisements issued.

However, for your general guidance, a copy of the advertisement issued on the last

occasion in 2007 is attached (hyperlink).

2. For the positions of Artisans

The recruitment for these positions is conducted by concerned Unit only, whenever

vacancies are sanctioned to them. The detailed advertisement, containing no. of

vacancies, job-specifications, selection process etc., is published in Employment News

and hosted on SURYA website. Window advertisement is, however, published in Local

Dailies.

Job Specifications

Matric / SSLC + National Trade Certificate (NTC) in the relevant trade plus National

Apprenticeship Certificate (NAC) with not less than 60% marks for Gen and OBC

candidates and not less than 55% marks for SC/ST candidates in both NTC and NAC.

30


Upper Age Limit

27 years for General Candidates Relaxation in upper age limit for various categories in all

the above positions is as per Presidential / Govt. Directives on reservations. The selection

process involves written test followed by interview. The process by which the candidates,

who apply, are shortlisted for inviting for written test and interview, is described in detail

in the advertisements issued. However, for your general guidance, a copy of the

advertisement issued on the last occasion in 2008 is attached.

Human resource – A special focus

During the year 7 employees received national awards. This brings the cumulative

national awards in surya to 386 employees.

In keeping with its unique tradition of participative management, surya’s apex-level

participative forum --- joint committee, completed 38 years of successfully steering

positive & harmonious industrial relations and fostering joint decision – making in the

company. The forum comparises central trade union leaders, plant – level union leaders

and the top – management, with linkages right up to shop floor participation.

Surya is a pioneer in participative management in the public sector and is constantly

endeavouring to reinvigorate and strengthen this participative culture.

With a view to encouraging creativity – which is so essential to meet the ever increasing

competition in the market, employees are encouraged through suitable reward schemes to

take up improvement projects. As a result, over 6,000 projects were registered apart from

22,000 suggestions, during the year. This has resulted in substsntial savings for the

company as well.

In line with the changing market requirement the knowledge & skills of the employees

are continuosely upgraded. Accordingly, during the year 31,500 employees (74% of the

31


total employees) were exposed to 3.6 lakh man days of different training programmes,

during the year.

Surya Roshni associations member ELCOMA (Electrical Lamp Components Manufacturing Association)

ISLE (Indian Society of Lighting Engineers)

AIGMLA (All India Glass Manufactureres' Association)

FIEO (Federation of Indian Exporters Organisation)

EEPC (Engineering Export Production Council)

32


Strength and weakness of the company

Strength

Surya Roshni is a company that understands the essence of quality. Apart from being the

only Indian company with 100 per cent backward integration, Surya is also incorporating

more streamlined and effective quality practices through continuous R&D, to raise the

quality of its products. Moreover, the ISO 9002 certification has given immense

credibility to its products in India and abroad. Surya offers very good quality at extremely

competitive rates. Apart from producing lighting products, Surya is also the largest

manufacturer of ERW steel pipes in India. The company owns one the largest steel

manufacturing plants in Asia.

Well focused vision of the Management

Complete backward integration

High quality of products

Nation-wide marketing network

Weaknesses

Diminishing margin of profit on the products

Uncertainties of external market forces

33


Board of directors

B. D. Agarwal (Chairman and Managing Director)

B. B. Chadha

G. S. Gupta

K. K. Narula

M. G. Bakre (IDBI Nominee)

Rajendra Arya

Urmil Agarwal

J. P. Agarwal (Vice-Chairman and Joint Managing Director)

Management executives

S. N. Bansal (Executive Director & CFO)

Arvind Bansal (President)

Sanjay Goel (Sr. Vice-President-Corporate)

Vineet Garg (Sr. Vice-President-Corporate)

Anil Bansal (Vice-President-Commercial)

S. K. Bhasin (Vice-President-(Pipe Division)

A.N. Banerjee Vice-President-(CR Division)

34


Company secretary

B. B. Singal

Competitors

BPL

Philips

Wipro

Crompten greaves

Crown

35


Future prospects

Steel division

In view of thrust of the Government of India on Water, Infrastructure and Export sectors,

there is tremendous scope for growth in the Steel Pipe and Cold Rolled Industry. In large

Dia Pipe the company has widened its product range as per the requirement of the

market.

More demand is expected from various Oil and Gas companies for LDP pipes of API

standards. In future also there seems to be a tremendous scope for export of ERW Steel

Pipes as well as Cold Rolling particularly to U.S.A. and European countries.

In order to increase the capacity of Cold Rolling Segment, the company has ordered for a

new high speed Cold Rolling Mill with better control and quality. Further the company

has decided to install one more Galvanizing Plant with capacity of 36000 M.T. per

annum, so that increased demand of Export / Trade can be fulfilled. In a step forward

towards cost cutting, the company has order for one more Natural Gas Generator Set of

One MW from Wartshila. All these measures will help in increasing the sale &

profitability in the current financial year.

Lighting division

With a general improvement in the power condition in urban as well as rural sectors and

increase in spending on infrastructure development in the coming years, there is always

an increase in demand of regular lighting products . Well defined strategies are being

implemented in order to cater the gradual increase in demand of lighting products and

36


enhance the product share in market and to boost the demand for your Company's

products.

Keeping in view the growing demands of Energy Saving Lamps and various

Governments drive in this direction, we have already made ourselves ready to cater the

growing demand in India as well as Global markets. With the addition of CFL Chains,

the company is capable to manufacture total range of CFLs to meet the growing demand.

Through whole hearted efforts and better

37


Share price

NSE BSE

MONTH HIGH (Rs.) LOW (Rs.) HIGH (Rs.) LOW (Rs.)

April, 2007 54.60 46.50 54.50 46.55

May, 2007 56.90 50.05 56.95 49.50

June, 2007 57.90 50.00 58.60 49.80

July, 2007 68.50 53.05 68.00 52.95

August, 2007 61.50 45.10 59.00 45.00

September, 2007 66.90 52.50 66.50 52.50

October, 2007 64.00 48.00 63.90 51.00

November, 2007 79.00 52.80 79.15 52.75

December, 2007 93.20 68.50 93.00 69.00

January, 2008 98.00 54.55 95.00 54.10

February, 2008 79.50 60.15 78.90 61.10

March, 2008 78.00 45.50 70.60 45.25

38


Contact

Head office Surya Roshni LimitedPadma Tower - I New Delhi - 110008 India Tel: +91 - 11 - 25810093, 94, 95, 96 Fax: +91 - 11 - 25789560, 41539762 Email: [email protected] Grievances Email: [email protected]

Registered office Surya Roshni Limited Prakash NagarBahadurgarh - 124507Haryana India Tel: +91 - 1276 - 241980-82 Fax: +91 - 1276 - 241886 Email: [email protected]

Works Kashipur Surya Roshni Limited 7 KM, Stone, Kashipur-Moradabad RoadDistrict NainitalKashipur - 244713UttaranchalIndia Tel: +91-5947 - 275124/ 275117/ 275434 Fax: +91-5947 - 275195 Email: mailto:[email protected]

Works Malanpur Surya Roshni Limited

39

mailto:[email protected]





J-7-8 & 9, Malanpur Industrial Area MalanpurDistrict Bhind (M.P.) 477117 Madhya Pradesh India Tel: +91-7539 - 283551/ 283552/ 283553/ 283554 Fax: +91-7539 -283483Email: [email protected]

40


Documents

Surya Roshni Limited