the pondicherry co.operative building centre ltd., no.p.554 1

THE PONDICHERRY CO.OPERATIVE

BUILDING CENTRE LTD., NO.P.554

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KAMARAJ SALAI – ILANGO NAGAR – PONDICHERRY – 605 011

TEL: 2241445, 2242667 TELEFAX : 0413 – 2252667

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THE BEGINNING

Date of Registration – 29/11/1990

Date of Starting – 15/12/1990

Area of Operation – Puducherry Region

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OBJECTIVETo manufacture or purchase in bulk, quality building

materials required for construction of buildings and to sell the same to the members as well as the consuming public at the most competitive rates.

To promote the use of low cost materials, with the approved technology, in order to reduce the cost of construction.

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SHARE CAPITAL

AUTHORIZED SHARE CAPITAL

PAID-UP SHARE CAPITAL

MEMBERSHIP PROGRESS

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AUTHORIZED SHARE CAPITAL

Authorized share capital of the society shall be Rs 4-00 Crores‘A’ class member (Government) Rs.350-00 lakhs‘B’ class member (Societies) Rs. 44-50 lakhs‘C’ Class members (Individuals, Govt. Servents)Rs. 5-00 lakhs‘D’ Class members(Individuals, Depositors) Rs. 0-50 lakhs -------------------

Total Rs.400-00 lakhs -------------------

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PAIDUP SHARE CAPITAL

The Paid up Share Capital of our Centre as on 31- 03- 2012 is 215.46 lakhs, as detailed below

Government Rs.197-50 lakhsMember Societies Rs. 15-87 lakhs‘C’ Class members Rs. 2-09 lakhs‘D’ Class members Rs. 0-007 lakhs -------------------

Rs.215-467 lakhs -------------------

A-Class

B-Class

C-Class

D-Class

MEMBERSHIP PROGRESS

Sl.No Class of Members 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12

1 Member Societies 15-86 15-85 15-85 15-86 15-87 15-87 15.87

2 Government 90-50 96-50 97-50 97-50 97.50 147-50 197.50

3 ‘C’ Class members 1-91 1-93 1-95 1-96 1-96 1-99 2.09

4 ‘D’ Class members 0-005 0-005 0-006 0.006 0.006 0-007 0.007

TOTAL 108-275 114-285 115-306 115-326 115.336 165-367 215.467

Figures at a glance

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COMMITTEE OF MANAGEMENT CONSTITUTION:

As per bye-law No. 30 of the Bye-law of the Pondicherry Co-operative Building Centre the management of this Building Centre is vested with a Committee consisting of 15 members as detailed below:

The Registrar of Co-operative Societies, Pondicherry or his nominee shall be the President

Eight Directors to be elected by and from among the delegates of ‘B’ Class Members. (Affiliated Primary Housing Co-operatives).

Six Nominee directors from the government departments and institutions

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• Last Election held for the period from 01.10.2008 to 31.03.2011. Further, the term of the committee was extended for the further period upto 15.09.2011

• At present the Building Centre is managed by an Administrator w.e.f 16.09.2011

• The Registrar of Coop. Societies is the Administrator

COMMITTEE OF MANAGEMENTcontd..

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WORKINGPurchase /Sales progress

Sl.No DETAILS 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12

1 Purchase 16.25 15.38 18.58 23.25 16.62 24.39 31.66

2 Sales 16.30 15.75 20.06 24.90 17.09 25.78 33.56

Rs in Crores

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WORKING(contd..)

Profit/Loss at a glance

SL.No DETAILS 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-2012

1 GROSS PROFIT 165.97 114.61 234.42 131.71 155.64 223.30 294.52

2 NET PROFIT 56.80 3.15 23.84 (-) 8.47 3.12 22.01 44.31

Rs in lakhs

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ORGANIZATION CHART

CATEGORIES OF EMPLOYEES

SL.No DESIGNATION Staff Strength Scale of Pay

1 Managing Director 1 From the Officers of Coop. Department on Deputation

2 Administrative Officer 1 - Do -

3 Internal Auditor 1 - Do -

4 Manager 1 Rs.15500 – 390 – 21350 – 430 – 27800 – 700 - 38300

5 Deputy Manager 1 Rs.13000 – 320 – 17800 – 440 – 24400 – 610 - 33550

6 Assistant Manager 4 Rs.11200 – 280 – 5400 – 380 – 21100 – 520 - 28900

7 Accountant - Rs.11200 – 280 – 15400 – 380 – 21100 – 520 - 28900

8 Senior Clerk 5 Rs.9700 – 240 – 13300 – 330 – 18250 – 460 - 25150

9 Stenographer 1 Rs.9700 – 13300 – 330 – 18250 – 460 - 25150

10 Junior Clerk / Salesman Gr.I 12 Rs.7900 – 200 – 10900 – 270 – 14950 – 370 - 20500

11 Salesman Gr.II / Attender 63 Rs.6800 – 170 – 9350 – 230 – 12800 – 320 - 17600

12 Peon / Watchman 5 Rs.6500 – 160 – 8900 – 220 – 12200 – 300 - 16700

CATEGORIES OF EMPLOYEES contd..

SL .No DESIGNATION Staff Strength Scale of Pay

13 Mason / Machine Operator 6 Rs.6800 – 170 – 9350 – 230 – 12800 – 320 - 17600

14 Mazdoor /Helper /Lorry Cleaner 5 Rs.6500 – 160 – 8900 – 220 – 12200 – 300 - 16700

15 Asst. Project Engineer 1 Rs.13000 – 320 – 17800 – 440 – 24400 – 610 - 33550

16 Draughtsman 1 Rs.7900 – 200 – 10900 – 270 – 14950 – 370 - 20500

17 Driver 1 Rs.7900 – 200 – 10900 – 270 – 14950 – 370 - 20500

18 Welder/Fitter/Painter 4 Rs.6800 – 170 – 9350 – 230 – 12800 – 320 - 17600

TOTAL 107

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AUDIT POSITION

Final audit report issued up to 2007-08

CLASSIFICATION

YEAR CLASSIFICATION

2003-2004 “B” class

2004-2005 “B” class

2005-2006 “B” class

2006-2007 “B” class

2007-2008 “B” class

BRANCHES

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a) Steel and Cement Section at Head Office - 1

b) Branches in and around Puducherry region - 19

c) Housing Guidance Centre:

i) Hollow Block production unit - 1

ii) Paver Block brick making unit - 1

iii) Cement Products production unit - 1

iv) Fabrication Unit - 1

d) Weigh Bridges:

i) Mettupalayam - 1

ii) Sedarapet - 1

Sl.No Branch Name Annual Turnover

Gross Margin

Expenses Net Result

1. Main Godown 539.97 26.99 4.788 22.202

2. Stall Section 234.23 23.42 4.378 19.042

3 Madagadipet 467.72 23.39 6.696 16.694

4 Thirukkanur 399.71 19.99 3.898 16.092

5 Kattukuppam 195.60 9.78 3.578 6.202

6 Villianur 226.08 11.30 6.356 4.944

7 Kalapet 159.83 7.99 4.178 3.812

8 Koundanpalayam 61.68 3.08 3.014 0.066

9 Murungapakkam 261.57 13.08 4.496 8.584

10 Korkadu 112.09 5.60 4.376 1.224

11 Seliamedu 100.75 5.04 4.448 0.592

RS IN LAKHS

PERFORMANCE OF BRANCHES

PERFORMANCE OF BRANCHES contd..

Sl.No Branch Name Annual Turnover

Gross Margin

Expenses Net Result

11 Kariyamputhur 105.91 5.30 3.268 2.032

12 Embalam (Steel) 129.07 6.45 4.580 1.870

13 R.K.Nagar 119.22 5.96 3.848 2.112

14 Saram 79.69 7.96 2.178 5.782

15 Pakkamudayanpet 6.52 0.52 0.772 (-) 0.252

16 Lawspet 13.81 1.10 0.704 0.396

17 Sellaperumalpet 61.07 3.05 5.320 (-) 2.270

18 Embalam (Elec.) 9.19 0.92 2.598 (-) 1.678

19 Mudaliarpet (RTO) 31.71 3.17 6.277 (-) 3.107

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RS IN LAKHS

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Sl.No Name of the Weigh Bridge

AnnualCollection Expenses Net Result

1 Sedarapet 9.43 2.48 ( + )6.95

2 Mettupalayam 21.91 2.48 ( + )19.43

Rupees in lakhs

PERFORMANCE OF WEIGHBRIDGE

PERFORMANCE OF HOUSING GUIDANCE CENTRE

Sl.No Name of the Units

Value of total

production &

Civil works

Margin/Profit Expenses Net Profit

(+) / (-)

1

Hollow Block, Pavement Block, Cement products Fabrication Unit Civil Work etc.

143.05 30.31 24.48 5.83

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Rupees in lakhs

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PROJECTS IN PIPELINE

Fly ash brick making unit

Opening of new branches in places where scope for sale

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FLY ASH BRICK MAKING UNIT

We are setting up a Fly Ash Brick making unit in the premises of our Housing Guidance Centre at Perambai Road, Pitchaveeranpet, Puducherry with a production capacity of 18000 brick per shift of 8 hours.

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OPENING OF BRANCHES

The Building Centre has proposed to open more branches in areas, where there is a

scope for good sale of building materials, so as to serve the public at large.

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IN FIELD OF CIVIL WORK

As a diversification of activity and to improve our earnings we have undertook civil construction works also

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IN FIELD OF COST EFFECTIVE TECHNOLOGY

Besides giving guidance and technical advise for the use of cost effective technology, Building centre is also engaged in the production of cost effective building materials

We are also running a Steel Fabrication unit in our Production Unit

STAFF WELFARE MEASURES

Group Graduity Cash Accumulation Scheme (GGCA)

Group Savings Linked Insurance Scheme (GSLIS)

Facilities to take treatment in Super specialty Hospitals for chronic diseases such as Heart

Diseases, Cancer, Kidney Transplantation, Major accidents etc.

Earned Leave Encashment (EL Surrender)

Maternity Leave

Children Education Allowance

Family Planning Special pay

Housing Building Advance (H.B.A). Maximum of Rs.6-00 lakhs.

Motor Conveyance Allowance (MCA) to the maximum of Rs.30,000/-

Proposed to introduce a pension scheme to employees in tie-up arrangement with LIC of

India (EPF linked Pension Scheme)26

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SAND MINING OPERATION

We have undertook sand mining operation as below

S.No YEAR NO. OF SITES

1. 2004-2005 3

2. 2005-2006 3

3. 2006-2007 2

4. 2007-2008 3

5. 2010-2012 1

Rupees in lakhs

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WEIGH BRIDGES

We are running Two Lorry weigh Bridges:

Sedarapet PIPDIC industrial Estate since 23rd February 2006

Mettupalayam PIPDIC Industrial Estate since 28th August 2006.

SALES TO ADI DRAVIDAR WELFARE BENEFICIRIES

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Year Number of Beneficiaries

Sales

2009 29 16.70

2010 509 297.42

2011 558 524.69

2012 273 164.79

Total 1003.60

Rupees in lakhs

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AWARDSThe International Co-operative Housing

Foundation for Asia & the Pacific has selected the Pondicherry Co-operative Building Centre as Best Run Building Centre for Asia & Pacific, and awarded Meritorious Service Award, 2006.

The Pondicherry Coop. Building Centre has been awarded as the Best Run Society in the State of Puducherry during the year 2004-2005

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AWARDS(contd..)

Building Centre has also been awarded as the Best Run Building Centre at National level during the year 2004-2005 (For the South Zone) by the National Co-op. Housing Federation, New Delhi, during 14th National Congress of Housing Co-operative held on 28th June 2006 at New Delhi.

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ISSUES AND CHALLENGES The Major practical difficulties encountered by the

Pondicherry Coop. Building Centre is that to face unhealthy competition from unscrupulous private traders.

As a Cooperative institution we have to remain disciplined not only in business policies but also in the maintenance of accounts

Normally the overheads expenses in cooperative are slightly higher because of the necessity to maintain the proper accounts, full payment of taxes to Government, reasonable salaries and wages to the employees.

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To overcome the difficulties and considering the above fact Govt. of Puducherry has issued an order Exempting from Collection of Vat Taxes on sale of Building Materials

The same was withdraw by the Govt. vide G.O. Ms. No.68/F2/2011 dated 31st December 2011.

Because of the fact we find that the competition with the private traders are very tough and costly.

If exemption is granted under the VAT Act it is not only boost our sale and revenue but also such kind of indirect concession to the Cooperative and public sectors undertaking will help the Government to maintain the price line under control besides enforcing the statutory laws.

ISSUES AND CHALLENGES CONTD..

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KEEP IN TOUCH

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1. Contact Person: Managing Director The Pondicherry Coop. Building Centre Ltd.,

P.No.554, Kamaraj Salai (Opp. Balaji Theatre) Ilango Nagar, Puducherry – 605 011.

Phone 0413 - 2241445 (Office) 2242667 (MD) 2242557 (Telefax)

2. Our Mail ID : pondypcbc@gmail.com

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Thank you