From Chairmans Desk





             I wish to ‘Congratulate’ all the stakeholders for yet another successful year of your Company and has  been indeed a great privilege to share some of the milestones with you.

               During the Financial Year 2016-17, your Company clocked ‘Highest Ever Turnover and Surplus’ of Rs. 240.67 Crores and Rs. 55.74 Crores respectively. Similarly, the Net Worth of your Company increased to Rs. 238.21 Crores and the capital employed has increased to Rs.259.80 Crores from Rs. 182.47 Crores and Rs. 199.46 Crores respectively in previous year. Apart from this, the Company is also expecting to get ‘Excellent’ MoU rating for the Year 2016-17 consecutively for the fifth year. Moreover, the Company has once again successfully conducted its fourth Mega Distribution camp at Rajkot, Gujarat wherein the Hon’ble Prime Minister of India was the Chief Guest. Furthermore, the Company has also made Five Guinness world records during the year 2016-17 i.e.

(i)                 Most People Fitted with Hearing Aid in 8 Hours at Single Location at Navsari

(ii)                Largest Wheelchair Logo/Image at Navsari

(iii)              Most Oil Lamps Lit Simultaneously at single Venue at Navsari

(iv)              Most People Fitted with Hearing Aid in 8 Hours at Manipur

(v)                Most Number of people fitted with Orthotic Calipers in 8 hours at Rajkot

ALIMCO has been making effort to venture into the markets which are not in the nature of business generated because of Government Grants. These Sales are a result of continuous efforts by the Company in tapping primarily the CSR business and business through building up dealer network. In comparison to Non ADIP business of Rs. 46.43 Crores in Financial Year 2015-16, the business in Financial Year 2016-17 has registered a growth of Rs. 19.81 Crores in absolute terms and percentage growth of 42.67% showing a business of Rs. 66.24 Crores.

         I wish to place on records my thanks to the entire group of stake holdersand deep sense of appreciation for the sincere efforts put in by our employees at all levels. I would also like to thank my colleagues on the Board who spared considerable time and participated activity in the deliberations of the Board with their in-depth knowledge and guidance on various issues, which greatly contributed in taking appropriate decisions. I gratefully acknowledge the guidance and support extended by the Department of Empowerment of Persons with Disabilities (Divyangjan) for continued growth and expansion of your Company. I am sure that with this support and trust, ALIMCO will achieve many more milestones and newer heights ahead in future.

 I wish all stakeholders and well-wishers of ALIMCO a very Happy and Prosperous New Year – 2018.



                                                                                                                                                       Chairman and Managing Director