DIRECTORS

Name :	Mr. Jitendra G Shah
Designation :	Director
Address :	Girdhar, Manpada, Dombivli (E), Dist.Thane, Mumbai, Maharashtra, India.
Qualification :	B.E. Mechanical
Date of Birth/Age :	1933/05/14
Date of Appointment :	1983/01/12
Name :	Mr. Upendra G Shah
Designation :	Director
Address :	11, Wild Teaset, 14th Road, Khar, Mumbai, Maharashtra, India.
Qualification :	Diploma . Mechanical
Date of Birth/Age :	1945/09/27
Date of Appointment :	1983/01/12
Name :	Mr. Rajesh J Shah
Designation :	Director
Address :	24, Nirmal Nagar, Nr. Akota Stadium, Akota, Vadodara, Gujarat, India
Qualification :	B.E. Mechanical
Date of Birth/Age :	1957/06/12
Date of Appointment :	1983/02/01
Name :	Mr. Amit J Shah
Designation :	Director
Address :	1 Girdhar, Manpada, Dombivli (E), Dist.Thane, Mumbai, Maharashtra, India
Qualification :	B.E. Mechanical
Date of Birth/Age :	1962/09/10
Date of Appointment :	1983/02/01
Name :	Ms.Manjula J Shah
Designation :	Director
Address :	Girdhar, Manpada, Dombivli (E), Dist.Thane, Mumbai, Maharashtra, India
Date of Birth/Age :	1932/10/11
Date of Appointment :	1983/01/12
Name :	Mr. Bhowmick U Shah
Designation :	Director
Address :	11, Wild Teaset, 14th Road, Khar, Mumbai, Maharashtra, India
Qualification :	B.E. Mechanical
Date of Birth/Age :	1971/06/10
Date of Appointment :	2005/09/30
Name :	Ms. Dakha R Shah
Designation :	Director
Address :	24, Nirmal Nagar, Nr. Akota Stadium, Akota, Vadodara, Gujarat, India
Date of Birth/Age :	1958/07/08
Date of Appointment :	2005/09/30

Products:

Angle Seated Valves
Valve Automation systems
Rotary Actuators
Limit Switches
Diaphragm Solenoid Valves
2/2 and 3/2 Direct Acting Solenoid Valves
2/2, 3/2, 5/2 and 5/3 Pilot Operated Poppet Valves
Intrinsically Safe Solenoid Valves
Latch Solenoid Valves
Low Power Solenoid Valves
Manual Reset On Off Solenoid valves
Namur Solenoid Valve
Pulse Jet Valves
Petrol Vending Solenoid Valves
Gas Over Oil Valves
Pneumatic Cylinders (8 -1000mm) & Mountings
Spool Valves
Air Operated & Mechanically Operated Vales
Valves Island
Positioners
Customized Valves
ITC Code	Product	Unit of Measurement	Turnover 2008/03/31	Unit of Measurement	Turnover 2007/03/31
8481.80	Solenoid Valve	194831	0.289	231697	0.148
8479	Rotary Cylinder

PRODUCTION STATUS

Particulars	Unit	Licensed Capacity	Installed Capacity	Actual Production
Solenoid Valve	Qty Nos			194768
Rotary Actuators	Qty Nos

Bankers :

Axis Bank

Opp. GEB Office, Nr. Pizza Hut, Race Course Circle (North), Vadodara 390010, Gujarat, India.

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT

Particulars	2008/03/31	2007/03/31	2006/03/31
Sales Turnover	289.430	231.694	160.120
Other income	3.697	11.665	3.079
Total Income	293.127	243.330	163.199
Profit/(Loss) Before Tax	38.319	39.510	20.054
Provision for Taxation	13.319	15.936	7.837
Profit/(Loss) After Tax	25.000	23.574	12.217
Earnings in Foreign Currency :
Export Earnings
Commission Earnings
Other Earnings
Total Earnings	25.960	19.306	NA
Imports :
Raw Materials	0.765	0.384	NA
Stores & Spares	0.000	0.000	NA
Capital Goods	2.320	2.260	NA
Others	0.000	0.000	NA
Total Imports	3.085	2.644	NA
Expenditures :
Increased / Decreased Stocks	10.768	12.071	6.359
Raw Material Consumed	119.726	99.217	63.977
Manufacturing expenses	52.574	36.875	26.454
Administrative expenses	36.703	28.435	23.166
Selling expenses	39.757	40.514	25.722
Interest	9.572	4.826	4.699
Depreciation & Amortization	7.376	6.003	5.436
Other Expenditure	0.050	0.050	0.050
Total Expenditure	276.344	227.991	155.863
Earnings Per Share (Rs.)	4.80	NA	NA