Section III - MESSAGES FROM GROUP SENIOR MANAGEMENT
 
www.ftindia.com
NATIONAL BULK HANDLING CORPORATION (NBHC)
 
 
 
 
Dear Shareholders,

   
National Bulk Handling Corporation Ltd. (NBHC), subsidiary of Financial Technologies (India) Ltd. (FTIL), with State Bank of India (SBI) as a strategic investor, has achieved all-round growth while continuing to outpace its peers. In an increasingly complex business landscape, NBHC is now acknowledged for its expansive reach, quality service, operational excellence, and integrity.

NBHC, today, has emerged as India’s leading integrated agri-commodity and collateral management company. Its pan-India presence is supplemented by 437 storage facilities covering 10 million sq ft, having over 1.8 million MT storage capacity, another about 2,500 warehouses under collateral management, over 70 cluster and administrative locations, commodity care and pest management PPQ licenses at over 17 ports and locations, as well as quality assurance laboratories in over 25 locations.

NBHC delivers comprehensive, customised solutions that enable customers to boost revenues, optimise costs, mitigate risks and expand business on a pan-India scale. It has demonstrated its ability to ‘add value’ to commodities, exhibited by its track-record of consistently delivering quality service to its customers and associates.
PRODUCTS AND OPERATIONS
The cumulative funding under NBHC’s collateral management services surpassed Rs 75 billion and the cumulative worth of Warehouse Receipts (WHR) issued were over Rs 108 billion. Apart from respected global institutions, banks—including Regional Rural Banks (RRBs) and co-operative banks—have established a healthy and proactive arrangement with NBHC for collateral management services.

NBHC’s services have been increasingly gaining prominence. Large corporate houses and public sector enterprises have started recognising its services and seek solutions. Accordingly, it has signed an MoU with Haryana Warehousing Corporation (HWC), one of the leading players in India’s warehousing industry.

NBHC’s customised pest management solutions adhere to high quality standards and are environment-friendly as well. Its quality assurance laboratories are state-of-the-art facilities, proficient in testing over 125 commodities, inspection, grading, and certification services. Its central laboratory at Vashi (Navi Mumbai) has received the prestigious recognition as a GAFTA ‘F’ grade facility and also acquired the NABL accreditation (ISO 17025:2005).