Thursday, August 5, 2010

BUY EMPIRE INDUSTRIES ( 509525 ) @ 700

Vitrum Glass:

The Division manufactures Amber Glass Bottles of international quality for the Pharmaceutical Industry. Over 11.50 lac bottles are manufactured every day on four fully automatic production lines. During the year under review

the Division achieved 12% higher turnover at Rs.76.60

crore. Exports of bottles during the year under review

were 12% of the total production. Our Company has been granted Export House status by the Ministry of Commerce & Industry for a period of five years, which is valid up to

31.03.2014. The performance of the Eight Section Triple

Gob Machine which was installed in March, 2009 on line

No.1 is excellent. This machine has given 45% increased production on line No.1. The Division is expected to do

well in the current year.

EMPIRE MACHINE TOOLS – MFTM

(Metal Forming, Testing & Metrology):

The Division is engaged in agency business covering sales and service support of hi-tech machines in Metal

Forming, Metrology, Assembly and Testing Lines, Welding, Melting, Heat Treatment and Process consultancy in the

Engineering Industry. Investments in all the major three

sectors of Automobiles, Power Generation and Aerospace did not come up to expectations due to recessionary trends, but there are definite upward market movements

now towards investment in all these sectors. The Division is expected to improve its performance during the year.

EMPIRE MACHINE TOOLS - MCAT

(Metal Cutting & Allied Technologies):

Order inflow in the Division is affected mainly due to recessionary trends and also due to the global economic

meltdown. Market is on the upswing now. Competition is

severe. The Division has done well in terms of shipments on orders received and is now focusing mainly on Power

Generation and Aerospace where there are greater opportunities. The Division has enough pending orders

and expects to do well in the current year.

Empire Industrial Equipment:

The Division has done well during the year under review

in spite of the general slowdown in business. Government Projects in Oil & Gas sector continued without any major

setback, and the division had the expected share of the

business. The overall Business outlook has improved compared to last year. Private sector Oil & Gas sector

and Steel Sector have started making new investments.

The Division had a good share of orders coming from the Refinery sector. In the current year, this Division expects

business to grow at a good pace, gaining greater share

from Oil & Gas, Steel, Ports & Shipyard sectors. The

Division’s Business in the Refinery sector should continue to be good. On the Construction, Mining and power Plant Equipment sectors, this Division expects to penetrate and slowly grow. Scope for Business in these sectors looks

good. Overall the division expects business to grow at a

good rate in the current year as well.

Empire Vending (GRABBIT)

During the year of recession GRABBIT also went through a downfall and hence the revenues were affected. By

the end of the financial year GRABBIT has improved its performance and shall grow in terms of revenue and

profitability in the current year.

Empire Foods

There is ever increasing demand for quality seafood and

other imported frozen foods in India. The Division has

identified this need and started to import various kinds of

chilled and frozen seafood and other frozen food products from all over the world and Market them Pan-India. The

Division has introduced in India an extremely popular fish from Vietnam called “Basa”. Basa has close to one

Billion Dollars global business and is heavily consumed in food industry in USA, EU, Middle East, Australia, Japan,

Egypt and rest of the world except it was not available in

India. In a very limited time, this fish has gained extreme

popularity in leading Five-star / Four star chain of hotels,

Hi-end restaurants, Air caterers and leading banquet halls throughout the country. The Division has created

its own registered brands of Basa popularly known as

“Royal Basa” , “Basa King” and “Basa Supreme”. The

Division has got its distributors in Mumbai, Delhi, Calcutta, Chennai, Bangalore, Goa, Jaipur, Udaipur, Lucknow, Indore, Hyderabad, Chandigarh and rest of the country.

This year the Division has identified more products like

Salmon and many other popular and niche frozen foods

products to trade in India. The Division has established a cold chain for frozen food products spread throughout the country for institutional products.


Empire Industries Limited is a 105 year Old Public Limited Company - a multi-faceted conglomerate with interests in diverse businesses and associated with several international partners in each operating division.

Today, Empire stands proud with a paid up capital and reserves of Rupees 350 million, and its revalued assets cross the Rupees 15 billion mark. Its permanent employee strength exceeds 1000.al international partners in each operating division.Today, Empire stands proud with a paid up capital and reserves of Rupees 350 million, and its revalued assets cross the Rupees 15 billion mark. Its permanent employee strength exceeds 1000.

Empire's Real Estate division - a division created to look after the large properties owned by the Company in Mumbai, India.

Property in India has been and continues to be a good investment. Due to the progressive mechanization of Indian agriculture, a massive movement of population is taking place from rural areas into urban areas, causing an explosion of demand for property in Indian Cities. Globalisation has brought many multinational corporations to India who clamour for office space.

Empire's property services add value to our estates, and our list of valued clients grows.

LOWER PAREL

ABN Amro

ICICI

Maersk India Pvt. Limited

Oerlikon Textiles

CNBC TV18

Turner International

VIKHROLI

TATA Consultancy Services

Development Credit Bank

              • Global Broadcast News Limited

Situated at Lower Parel in the heart of the city of Mumbai, Empire boasts of more than 400,000 square feet built-up prime property with all basic amenities and infrastructure in place. Centrally located, our sites can be reached within 20 minutes drive from Churchgate in the North and Bandra to the South, making them the ideal location for International Corporate Houses, Banks and Financial Institutions who require large floor spaces for business operations. The Lower Parel, Parel, Elphinston Road and Curry Road railway stations are just a ten-minute walk.

The main advantage of Lower Parel is clearly its location.

One could say that Lower Parel is situated within the heart of Mumbai.

Whether one is coming from South Mumbai or the suburbs, one would spend lesser commuting time to Lower Parel as compared to the locations at the opposite ends of vertically stretched out Mumbai .

near a Western Line Station (
Lower Parel) and a Central Line Station (Curry Road).

Vikhroli, the glamorous neighbouring suburb of Mumbai, is also the name of a railway station on the Mumbai suburban railway on the Central Railway line.

You will love the hills silhouetted against the blue sky of the evening.

Vikhroli is Mumbai's next high growth suburb.

With the commencement of the Jogeshwari-Vikhroli Link Road commuting will be convenient.

The public transport system to and from Vikhroli is most efficient. With the proposed skybus project that entails an elevated light rail transit system, elevated roads in the eastern suburbs that connect the international airport complex with the eastern express highways, construction of subways on the expressways as well as linking roads, and the construction of a road network speaks for itself.

In the services too, Vikhroli is now attracting information technology and IT enabled services, BPOs and Call Centers.

Empire boasts of more than 450,000 square feet of office space here.

Centrally located, our site can be reached within few minutes drive from Vikhroli making it the ideal location for International Corporate Houses, Banks and Financial Institutions who require larger floor spaces for business operations.

Our site is 5 minutes drive from Vihar Lake, Powai Gardens and Hiranandani Complex.

The property has ample water and uninterrupted power supply.

The power situation (zero load shedding) is an excellent feature.

We have successfully completed "EMPIRE PLAZA I" having 7 floors, each floor of 27,000 sq.ft. carpet area and our clients are:

i) TATA Consultancy Services.

ii) Development Credit Bank Limited.

iii) ibn18 Broadcast Limited.

We also have a full-fledged gymnasium with an Instructor.

Very soon we are coming out with "EMPIRE PLAZA II" with Ground + 2 Podium and 7 floors, each floor having a carpet area of 29,000 sq.ft.

Empire Industries Ltd. owns large estates at Lower Parel on Senapati Bapat Marg and at Vikhroli.
The structures of its buildings are of RCC construction with a total constructed area of 400,000 sq.ft., and an expansion of a further 450,000 sq.ft.

The structures are erected on spacious column grids, and give uninterrupted spaces ranging from 30,000 to 60,000 sq.ft. without any partition wall. The ceiling height on each floor is at least 14 feet, having adequate space for air-conditioning ducting, electrical cables and fire resisting systems.

The property complexes are open all four sides and provide ample car parking space and driveways. Beautifully landscaped, they have non stop water and electricity supply.

The properties house well furnished and air-conditioned corporate offices of Empire Industries Limited. Besides, more than 2,00,000 sq.ft. have already been leased out to multinationals viz. Maersk India Pvt. Ltd., Saurer India, CNBC TV18, Turner International and banks viz. ABN Amro Bank and ICICI Bank.

The remaining areas of these properties are ideally suited for leasing by large Corporate Houses, Multinational Companies, Banks, Call Centers, BPO units. The vast spaces available can be developed to suit client requirements. The open plaza concept has the additional advantage of being conducive for supervision

/READ MORE AT : www.empiremumbai.com