Hindusthan Engineering Unlisted Share

Products & Businesses:

Products:-

Foundry - We are presently supplying Bogies, Couplers, Draft Gears, CMS Crossings to Ministry of Railways and are one of the largest producer of Bogies, Side Frames, Bolsters, Couplers, Draft Gears and other components for Rolling Stock. We are licensees of Standard Car Truck Company, U.S.A for Barber design freight Bogies and have been exporting Bogies to South Korea, Australia and North America. We are the first company in India to develop anode yokes for supply to Aluminium Smelters.

Chemicals - A fully automatic and integrated plant, incorporating stringent pollution control equipment has been set up by HEI for the manufacture of Cyanides. More than 40% of Sodium Cyanide & Diphenyl Guanidine output is exported. Products are used in gold/silver refining, heat treatment, electroplating, pharmaceuticals, tyres, foam and rubber. Natural Gas is the main raw material. The plant has an in-house R&D Centre recognized by the Department of Scientific and Industrial Research, Government of India.

Jute Products - Jute, an agro-based product, plays a vital role in the economy of Eastern India. The products from Dalhousie jute Company's plant at Champdany (West Bengal) are used as packaging material for food grain, sugar, cement, fertilizer and tea. Its products are well received all over the world.Jute Products - Jute, an agro-based product, plays a vital role in the economy of Eastern India. The products from Dalhousie jute Company's plant at Champdany (West Bengal) are used as packaging material for food grain, sugar, cement, fertilizer and tea. Its products are well received all over the world.

Businesses:-

Research and Development occupies priority position in the corporate philosophy of HEI. In fact, in all the 3 plants dedicated for Railways, Research and Development has been made as integral part of the plant functioning. There is a constant endeavor towards process optimization and product development.

The Board, in order to conserve the resources of the Company, do not recommend any dividend for the year ended 31st March, 2022. During the year under review no amount of profit has been transferred to any reserve.

The Engineering Division of the Company has achieved higher sales & higher profit as compared to last year. Hindusthan Chemicals Company, the company’s chemical division at Olpad, Dist. Surat (Gujarat) has achieved higher sales and lower profit as compared to last year. Dalhousie Jute Company, the company’s jute division at Champdany, West Bengal has achieved higher sales and lower profit as compared to last year.

Annual Report 2022-23

Annual Report 2021-22

Annual Report 2020-21