CTR Manufacturing Industries Limited Unlisted Shares

(i) CTR was incorporated in December 1964 by Mr. Pratap Kumar as a Public Limited Company and is currently being headed by Mr. Anil P. Kumar. CTR is engaged in the manufacturing and marketing of electronic and electrical products targeting the power industry.

(ii) The product includes on-load tap changers (flange-mounted and in-tank), radiators for transformers, transformer explosion prevention, and fire extinguishing systems, plastic film capacitors, electrical capacitors, power factor correction capacitors, capacitors for power electronics, and relays for substation automation systems. The company also supplies a range of material handling equipment.

(iii) The company has manufacturing facilities at Nagar Road, Pune (first factory, set up in 1965), Aurangabad and Nashik. The Pune factory also has a showroom for material handling equipment.

(iv) The company has a research and development center (R&D center) at its factory premises at Nashik.

(v) During FY2017, CTR, on a standalone basis, reported a profit after tax (PAT) of Rs. 32.64 crore on an operating income (OI) of Rs. 291.54 crore, as compared to a PAT of Rs. 19.52 crore on an OI of Rs. 207.73 crore during FY2016.