Scribd Logo
Upload

Welcome to Scribd!

  • 38 views

    Profile of R.E.V. Limited: Vision

    Uploaded by

    shashi124
    R.E.V. Limited is the largest manufacturer of valves in India, with over 80% market share in the domestic OEM segment and 50% in the replacement segment. Founded in 1959, it now has 5 manufacturing locations and certifications in quality standards. With a turnover of Rs. 90 crores, R.E.V.'s 1000 employees work to deliver world-class, innovative products. However, the company has suffered losses in recent years due to high costs, changing government policies, and competition.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd

    Profile of R.E.V. Limited: Vision

    Uploaded by

    shashi124
    38 views8 pages
    R.E.V. Limited is the largest manufacturer of valves in India, with over 80% market share in the domestic OEM segment and 50% in the replacement segment. Founded in 1959, it now has 5 manufacturing locations and certifications in quality standards. With a turnover of Rs. 90 crores, R.E.V.'s 1000 employees work to deliver world-class, innovative products. However, the company has suffered losses in recent years due to high costs, changing government policies, and competition.

    Original Description:

    rane

    Original Title

    Rane Profile

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    R.E.V. Limited is the largest manufacturer of valves in India, with over 80% market share in the domestic OEM segment and 50% in the replacement segment. Founded in 1959, it now has 5 manufacturing locations and certifications in quality standards. With a turnover of Rs. 90 crores, R.E.V.'s 1000 employees work to deliver world-class, innovative products. However, the company has suffered losses in recent years due to high costs, changing government policies, and competition.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    38 views8 pages

    Profile of R.E.V. Limited: Vision

    Uploaded by

    shashi124
    R.E.V. Limited is the largest manufacturer of valves in India, with over 80% market share in the domestic OEM segment and 50% in the replacement segment. Founded in 1959, it now has 5 manufacturing locations and certifications in quality standards. With a turnover of Rs. 90 crores, R.E.V.'s 1000 employees work to deliver world-class, innovative products. However, the company has suffered losses in recent years due to high costs, changing government policies, and competition.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    You are on page 1of 8

    PROFILE OF R.E.V.

    LIMITED
    Started manufacturing volves during 1959 in collaboration with Farnborough Engg. Co, UK(1958-73). Today It is the largest manufacturer of valves in India. The current product range includes Valves, guides, Tappets and Chilled Iron Camshafts. A market Share of over 80% in Domestic OEM segment and 50% share in Replacement segment for valves. Five manufacturing locations with modern facilities and quality systems certified to ISO 9000. Winner of ACMA Certificate of Merit for Excellence in Exports for 2001-02.
    R.E.V.L. is one of the leading companies in the country, located in the historic city of Hyderabad with a turnover of around Rs. 90 Crores as per the last fiscal year. R.E.V.L.s 1000 dedicated Engineers and technicians are striving hard to create and supply World class quality products and to meet the ever changing customers needs.

    VISION

    R.E.V.L.s visiono is to become the Market leader and sustain

    innovation and quality.

    MISSION :
    social needs.

    R.E.V.L.s mission is to deliver products and services which fulfill

    OBJECTIVES

    Customer satisfaction is the Policy and Objective of

    R.E.V.L.. To reach out to the customers, they have a Customer Support Division.

    QUALITY POLICY

    To design, produce and market quality product on

    time at competitive price to ensure satisfaction of the customer.

    R.E.V.L.s OBJECTIVES

    1. 2.

    Growth : To strive for continuous growth in all the aspects

    Profitability: Profit is lifeline in business or commercial out fit

    commercial viability is essential for profit. R.E.V.L. had come up with Profit Center approach. It denotes Profit approach

    Plan / Executive / Review Activity

    Generate information for collective use

    Responsibility for Actions

    Produce for sale not for stock

    Sale should end in realization

    3.

    Customer Focus: Customer satisfaction is the Policy and Objective of

    R.E.V.L.. To reach out to the customers, they have a Customer Support Division.

    4.

    Quality Objectives:

    Achieve and sustain conformance to ISO 9000 series of

    Quality standards

    Become the Market Leader.

    Understand and satisfy the customer needs.

    Effective utilization of human resources.

    Innovate products in tune with the market needs.

    Strive for continuous improvements.

    5.

    Technology: Information is the lifeline for an Organization. R.E.V.L.

    is putting Information Technology for effective use.

    INDUSTRY PROFILE OF R.E.V.L.:


    DIVISIONS: The company is engaged in the manufacture and instillation of a wide range of Valves,

    guides, Tappets and Chilled Iron Camshafts.

    ORGANIZATION STRUCTURE R.E.V.L. LIMITED

    Board of Directors

    Managing Director

    Corporate Office

    Divisions

    Head Marketing Head R&D Head Finance & Accounts Head Purchase & Sales Head Personnel & Admin Head Customer Support Head Production Head Head

    Head

    Head

    Head

    Head

    FINANCIAL SUMMARY OF THE COMPANY

    2005 06

    2006 07

    2007 08

    2008 09

    GROSS TURNOVER PBDIT

    93.86 8.11

    77.64 2.14 (31.18)

    76.11 15.90* 7.06

    152.11 7.58 (15.85)

    NET PROFIT / (LOSS) (39.18)

    Includes revenue generated on sale of equity rights of Rs.13.51Crore.

    FINANCIAL PERFORMANCE OF THE COMPANY

    200 180 160 140 120 100 80 60 40 20 0 2005 2006 2007 2008 06 07 08 09 Net Profit/Loss PBDIT Gross Turnover

    COMMENTS ON FINANCIAL PERFORMANCE

    1.

    The company has suffered loss due to writing off of non

    recurring items, comprising liquidated damages, irrecoverable sundry advances and liability arising out of Bank Guarantees. 2. Companys average growth in turnover and gross operating profit

    were not adequate to absorb the high burden of interest and finance changes and depreciation which the company continues to real under.

    3.

    Moreover, the non receipt of expected orders due to change in

    the policies of Government, not materialsing in time, for which the installed capacity is catered, thereby incurring expenditure on plant maintenance and manpower cost. 4. required. 5. Due to competition from multi national companies and also Due to fast technological changes, products are becoming obsolete

    and considerable R & D efforts with large investments in manpower and equipment is

    internal competition, market forces are adverse. All these factors contribute for the poor financial performance.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy