Company profile

About Us

The Karnataka Vidyuth Karkhane Limited , a fully owned Government of Karnataka undertaking, is the successor to the Government Electric Factory, the first ever manufacturer of electrical transformers in the country , established way back in 1933 by the erstwhile Maharaja of Mysore.

Today, after six decades of successful operations, KAVIKA has emerged as a renowned name for Distribution Transformers in the range of 25 KVA to 500 KVA up to 11 kV Class as well as for custom built / special type transformers as per specific requirements

Karnataka vidyuth karkhane limited

is a successor to the erstwhile government

Electric factory, which was established in the year 1933, the oldest transformer industry in the country and fully owned by the government of Karnataka. In the year 1976, when there was industrial boom in the country and also in Karnataka, to give independent administrative set up to facilitate up gradation of manufacturing activities by adopting latest technology, the company, KAVIKA was formed. The company entered into technical collaboration with world renowned M/s. Westinghouse Electric Corporation, USA, to upgrade the transformer technology and to manufacture completely self protected (CSP) transformer. Our engineers were trained in this corporation to adopt their technical know-how in the manufacture of transformers. The company is manufacturing Distribution & power transformer ranging from 15 KVA to 1600 KVA, 22 KV class. Presently, the company is manufacturing transformers ranging from 25 KVA to 500 KVA, which are in demand. The company is in the line of manufacture of distribution & power transformers since more than six decade. It is having qualified engineers, supervisors, technicians and various other supporting staff/employees who have put in number of year of services and capable of manufacturing good quality transformers.

KARNATAKA VIDYUTH KARKHANE LIMITED is located at Byataranpura, Mysore road. Bangalore.

Vision:
World class engineering enterprise committed to enhancing stake holder value.

Mission:
To become a globally competitive transformer production industry while working as an instrument of achieving self reliance in design, manufacture and maintaining the quality of the equipment and diversifying to related areas, managing the business and commercial lines in a scenario of growing professional competent.

Objective of the company:

 Continuous product review and improvement in quality.  Individually and collectively all employees of KAVIKA strive for eliminating waste in manufacturing and non manufacturing areas in to reduction in the cost and establish better employment.  Ensure quality of personnel at all levels and provide then the right work environment, job satisfaction and professional challenges.  Provide a healthy blend of employees who have grown with the organization and those selected from outside.  Ensure employment of minimum number of personnel and avoid surpluses.  Motivate employees to be increasingly achievement oriented. Identify personnel with potential for growth.  Provide adequate opportunities for personnel to improve the level of their Professional knowledge.  Personnel with talent and potential for growth to be developed to shoulder higher responsibilities.  To imbibe the spirit of quality in every employee in the organization and promote team work.

Strict adherence to quality during all stages of manufacture with emphasis on

defect prevention.

The salient features of the company are:

The company is known for quality transforms. The company has designed, developed and manufactured special type of transformers like, completely self protected transformers, single phase transformers and booster transformers. The company has a capacity to manufacture 20,000 transformers every year. It also manufactured and supplied single phase transformer of capacity 5,10,15 and 25 KVA 6.35 KV/230-460 V to APESB during 1982-83 for their new single phase distribution system, where individual customer were provided with transformers which would reduce the line losses substantially.

Manufacturing design:
The company is at present using the latest computerized design and drawing to achieve the high standards applicable and the company is technically superior to other competitors in the market. The design department is headed by a qualified, experienced manager with over twenty years of experience in the design field being specifically trained and assisted by qualified engineers.

Quality:
The secret behind the popularity of KAVIKA transformers is the strict adherence to quality norms, at every stage of manufacture. Starting from the prime quality CRGO coils and other indigenous raw materials, the product goes through strict quality check at every stage to ensure that only the best come out of the factory to reach a select band of customers, across the country.

Quality policy:
Manufacture quality transformers to the satisfaction of our customers.

Standards in kavika:
y y Design conforms to Indian standards specification. The transformers are provided with standard accessories. Special accessories can be

provided on request.

Product range:
Product range of the KAVIKA does not end only with the distribution and power transformers, but it also encompasses various related and subsidiary product such as valves, oil gauge, turned components, LT circuit breakers etc.

SPECIAL TRANSFORMERS SL.NO. DECRIPTION RATINGS KVA HIGH VOLTAGE 01. Single phase neutral Up to 50 grounding transformers 02. Booster transformers Up to 2400 13200 11000. 4000 to 11000 LOW VOLTAGE 433

CONVENTIONAL TRANSFORMERS SL.NO. DESCRIPTION RATINGS KVA HIGH VOLTAGE 01. Single Aluminium wound transformers (pole mounting) 02. 3 Aluminium wound transformers (sealed type) 03. 3 Aluminium wound transformer(with or without taps) 04. 3 phase copper 300 to 1600 wound transformers 05. Power transformers Up to 3150 11000 to 33000 433 11000 to 33000 433 phase 250to 500 11000 433 phase Up to 100 11000 433 phase Up to 25 6350/11000 LOW VOLTAGE 460/230

Areas of operation:
KAVIKA has the competence in offering comprehensive solution to the various needs of customer across the regional where KAVIKA manufacture transformers in operation.

Benchmark to competitors:
 Indias oldest transformer manufacturer.  Largest manufacturer of distribution transformer in the country.  Latest technology in design, manufacture and testing.  Good infrastructure with trained engineers, technicians and skilled manpower.  Possessing crucial processing equipments like annealing furnace vacuum drying plant, oil filtering equipment etc.  Strict quality check at all stages of manufacture.

Competitors of kavika:
     Star electrical, Bangalore Vijay electrical, Hyderabad. Transpower electric Ltd, Bangalore Kiran electrical transformers Ltd, Bangalore Maruthi transformer Ltd, Bangalore

Customers to Karnataka vidyuth karkhane limited :

y y y Bangalore Electricity supply company (BESCOM). Other Electricity supply companies like HESCOM, GESCOM. Other private organization and individual customers.

Infrastructural facilities:
Industry is having sophisticated equipment for fabrication as well as assembly of transformers and also the company is having Raw material testing laboratory and final product testing laboratory which meets the IS(Indian standards ) standards. The company is having computer network of LAN in order to know the day to day activities of production, inventory and finance position (MIS).

Achievement and awards;

The company has achieved the ISO 9001 to maintain Quality standards and trying to get ISO 14001 for pollution standards.

Environmental friendly policies:

Karnataka vidyuth karkhane limited to adopt environment friendly practices in all its activities, products and services by:  Continual improvement of environment performance in design and manufacturing with The objective of minimizing avoiding adverse impact on the environment.  Complying with applicable environment legislation and regulation  Preventing pollution, striving to reduce hazardous wastes, conserving natural resources, energy etc.  Prioritizing environmental aspects and impacts and using the information to set and Review environmental objective and targets.  Training all employees on environmental awareness to enable implementation of the Environmental policy.

Future growth and prospects:

The manufacturing and distribution of transformers, which is now practically the only product of this unit, suffers from a serious competition from all small scale manufacturing and the profits have lowered. Therefore it was considered necessary that other product, which can give substantial increase in production and assured reasonable profits are to be taken up by the company in addition to transformers. 1. 2. 3. 4. 5. Power and distribution transformers up to 3000 KVA, 33 KV. Completely self protected transformers up 315 KVA, 11 KV. C.S.P oil immersed circuit breaker for use in completely self- protected transformers. Low voltage (LV) distribution boxes. High voltage (HV) metering cubicles.

Modernization and diversification:

During the year 1993-1994 the company has installed a plant for manufacture of aluminium conductors for captive consumption, besides commissioning wire drawing plant, radical drilling machine, pollution control equipment, to make the work spot environment friendly. The company had installed an annealing furnace costing about Rs.20laks for reducing the core loss in the lamination, which results in the reduction in weight of the core material, thereby reducing the cost of the transformers. The time bound programmers on computerization, starting from design of product is continuing satisfactorily.

LIST OF BOARD OF DIRECTORS

1. B.P Venkatamuniyappa, Chairman Ex-MLA Chairman, KAVIKA Limited Mysore Road, Bangalore 560 026 (from 02.12.2010) 2. Sri. S. Sumanth Managing Director, KAVIKA LIMITED, Mysore Road, Bangalore 560 026 (from 30.5.2011)

3. smt. Aditiraja, Director Finance, K.P.T.C.L, Cauvery Bhavan, BANGALORE 560 009 (from 08.11.2006)

4. M. Maheshwar Rao, IAS, Managing Director Commissioner for Industrial Development & Director of Industries & Commerce Department,

No 49,2nd Floor, Kanija Bhavan D.Devaraj Urs Road, Bangalore 560 001. (From 08.09.2011)

5. Sri .P. Manivannan, IAS, Managing Director Bangalore Electricity Supply Company Ltd. K.R circle, Bangalore 560 001 (from 02.12.2010) 6. Sri. Munish Moudgil, IAS Managing Director Gulbarga Electricity Supply Company Ltd. Corporate office, Gulbarga Main Road Opp. Hotel Pariwar Gulbarga 585 102 (from 29.03.2010)

7. Sri. Pankaj Kumar Pande, IAS Managing Director Hubli Eletricity supply Company Ltd. Navanagar, P.B Road Hubli 580 025 (from 02.12.2010)

8. Dr.P. Boregowda Managing Director Chamundeshwari Electricity Supply Corpn. No.927, L J Avenue, New Kantharaj Urs Road Sarawathipuram, Mysore 9. (From 30.07.2011)

9. Sri. Vijayanarsimha Managing Director Mangalore Eletricity supply company Ltd 4th Floor, Paradigam Plaza A B shetty, circle, Mangalore 575 001. (From 30.07.2011)

10. Sri.C. Shama Rao , Director Deputy Secretaryto Government Finance DepartmentVidhana Soudha Bangalore 560 001.(02.02.2009)

11. SRI.M.S Ganapathy, Director Deputy Secretary to Government, Commerce & Industries Department, Vikas Soudha, Bangalore 560 001.(from 02.08.2006)

12. B.P. Srinivas, Executive Director KAVIKA Limited, Mysore Road, Bangalore 560 026. (From 18.01.2010)

13. Smt/ Sri M. Govindppa Director (from 29.03.2010 to 30.07.2011)

14. Dr. Rajkumar khatri, IAS Director (From 08.11.2006 to 08.9.2011)

Glance of the x company

I II III IV V VI Established Incorporation Authorized Capital Paid up Share Capital Net worth ( As on 31.12.2011) Product Share 1933- As Government Electric Factory 1976- As Karnataka Vidyuth Karkhane Limited Rs 600.00 Lakhs Rs 562.00 Lakhs 7792.22 Lakhs Distribution Transformers

A.

3 Phase Aluminium wound Transformers confirming

to 3 Star rating of BEE from 25kVA to 100kVA, 11Kv/0.433kV VII Product Range B. 3 phase Aluminium wound Transformers (with or without taps) from 15kVA to 500kVA 11KV/0.433V. C. 3 Phase Copper wound Transformers from 15 KVA

to 1500 KVA 11 KV/0.433V Loan from Government Rs (As on 31.03.2011) Total Fixed Expenses per month 1373.50 lakhs

VIII

(Including Interest & Panel Interest) Rs. 75.00 Lakhs

IX

1. State Bank of Mysore, Corporate Branch, M.G.Road, Bangalore X Bankers 2. Canara Bank, Byatarayanapura branch, Mysore Road, Bangalore. Cash Credit Limit

XI XII

(As on 31.03.2011) Number of Employees

NIL 210 Rs.in Lakhs 2010-11 (Provisional) 2009-10 7120.84 2008-09 7605.66

XIII XIV a) b)

Sales Turnover Various Taxes Paid Excise Duty KST/VAT

7622.57

779.09 1137.86

599.16 981.15

981.37 1084.46

c) d) e) f) g) h) i)

Corporate Income Tax Fringe Benifit Tax Service Tax C.S.T Property Corporation Road Tax Entry Tax Total Tax Tax to

84.00 5.72 9.11 0.29 49.02 2065.08

106.56 0.23 2.64 0.32 8.89 0.10 33.11 1732.16 -760.67

1091 040 2.70 8.89 0.10 49.58 2129.41 -820.27

XV

Accumulated Profit (+)

(Loss(-)/

-608.47

PARTICULARS OF EMPLOYEES UNDER SECTION 217(2A):

During the year under report, no employee of the company was in receipt either for the whole year or part thereof remuneration in excess of Rs. 5 lakhs per month or Rs. 50 lakhs per annum the limits specified under section 217 (2A) of the companies act, 1956 and rules framed there under.

PERSONNEL:
As on 31st march 2011, the strength of the permanent employees was 211 as compared to 212 employees on 31.03.2010.

INDUSTRIAL RELATIONS:
During the year under Report, the relationship between the management and the labour union was cordial.

DIRCETOR RESPONSIBILITY STATEMENT:

Pursuant to the requirements under section 217 (2AA) of the companies Act, 1956, the board of Directors of the company hereby state and confirm that: 1.In the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures. 2.The directors have selected accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit of the company for the year under review. 3.The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities. 4.The Directors have arranged preparation of accounts for the financial year ended March 31, 2011 as a going concern basis.

AUDIT COMMITTEE:
As required under section 292-A of the companies act 1956, the board has constituted the AUDIT COMMITTEE. The audit committee has met 2 times during 2010-2011 to peruse the accounts of the company and Board of Directors have been appraised about the observations of the committee.

STATUTORY AUDITORS:
The comptroller and Auditor General of India has appointed m/s. Rajesh & Jayasimha Chartered Accountants, No. 414, 41st cross, 7th Main, 5th block, Jayanagar, Bangalore-41 as the statutory Auditors for the financial year 2010-2011 in accordance with section 619 of the companies Act, 1956.

MEASURES TAKEN TO CONSERVE ENERGY

1. 2. 3. 4. Contract demand has been reduced from 500 to 300 KVA for saving demand charges. LT Power supply has been surrendered to KPTCL for effecting cost savings. Solar water heater has been installed at Factory canteen to save power. The vacuum drying Chamber is run only when there is full charge and is not run till the full charge becomes ready to save energy. 5. 6. Fan and Lights are used only sparingly. We have installed recently 5 kV solar power units to administration building. The above measures have resulted in cost reduction to the tune of approx. Rs. 35,000/-