DIRECTORS

Name :	Mr. K. Laxma Reddy
Designation :	Chairman cum Managing Director
Address:	Plot No.22, Kimtee Enclave, Tarnaka, Hyderabad, Andhra Pradesh
Age/Date of Birth:	1956/04/23
Qualification:	M.Sc.
Experience:	20 Years
Date of Appointment :	2002/01/29
Name :	Mrs. K. Vijayalaxmi Reddy
Designation :	Director
Address:	Plot No.22, Kimtee Enclave, Tarnaka, Hyderabad, Andhra Pradesh
Age/Date of Birth:	1960/10/11
Qualification:	B. A.
Experience:	20 years
Date of Appointment :	2002/01/29
Name :	Mr. K. Venkateshwar Reddy
Designation :	Director
Address:	Plot No.22, Kimtee Enclave, Tarnaka, Hyderabad, Andhra Pradesh
Age/Date of Birth:	1964/08/02
Qualification:	B.E. (Mech)
Experience:	20 years
Date of Appointment :	2002/01/29
Name :	Mr. Raja Gopal Reddy Kalva
Designation :	Director
Address:	2-3-8/30/1/A Tulasi Nagar, Golnaka, Hyderabad, Andhra Pradesh
Age/Date of Birth:	1961/08/24
Experience:	20 years
Date of Appointment :	2005/06/01
Name :	Mr. Upal N Thatikonda
Designation :	Technical Director
Address:	H. No.8-3-168/M/26, Serval Cooperative Housing Society, Usafguda, Hyderabad-45
Age/Date of Birth:	1957/06/15
Date of Appointment :	2005/10/27

Products:

Drill Rigs

Bits Hammers

Hydraulic Power Packs

Cylinders and their spares and accessories

Exports to :

Customers :	AL-Faber Trading & Construction Company Limited and Khalid Electrical & Mechanical EST
Country :	Kenya, Sri Lanka, South Africa, Urganda, Saudi Arabia, Malaysia, Dhoha & Qatar

Imports From :

Suppliers :	Zhu Zhou Cemented Carbridge works
Country :	China

PRODUCTION STATUS

Particulars	Installed Capacity	Actual Production
Drilling Rigs	150	147
Accessories / Tools (assorted)	NA	13,702

Terms :

Selling :	T.T., L/C, Cash and Credit Terms
Purchasing :	T.T., L/C, Cash and Credit Terms

Bankers :

State Bank of Hyderabad

Hyderabad, Andhra Pradesh, India

HDFC Bank Limited

ICICI Bank

[all figures are in Rupees Millions]

Particulars	2006/03/31	2005/03/31	2004/03/31
Sales Turnover	253.392	175.109	458.099
Other Income	7.377	13.184	41.437
Total Income	260.769	188.293	499.536
Profit/(Loss) Before Tax	7.199	3.733	4.581
Provision for Taxation	0.000	0.000	0.352
Profit/(Loss) After Tax	7.199	3.733	4.229
Total Earnings	NA	50.987	6.812
Imports :
Raw Materials	NA	0.277	10.290
Others	NA	0.402
Total Imports	NA	0.679	10.290
Expenditures :
Manufacturing Expenses	NA	NA	70.386
Administrative Expenses	NA	NA	46.049
Raw Material Consumed	162.641	109.536	360.377
Increase/(Decrease) in Finished Goods	18.909	16.064	NA
Salaries, Wages, Bonus, etc.	4.347	4.243	7.196
Managerial Remuneration	1.200	1.200	NA
Payment to Auditors	0.027	0.027	NA
Interest	12.531	7.113	NA
Insurance Expenses	0.764	0.661	NA
Power & Fuel	7.138	8.390	NA
Depreciation & Amortization	5.675	5.638	5.883
Other Expenditure	40.338	31.687	5.064
Total Expenditure	253.570	184.559	494.955