IFFCO Annual Report 2016-17 Web

Celebrating Glorious 50 Years
9 okf"kZd fjiksVZ
ANNUAL REPORT
2016 - 2017
INDIAN FARMERS FERTILISER COOPERATIVE LIMITED

lgdkfjrk thou dk i;kZ; gS
Cooperation and life are synonymous
Painting By:
Chandrakant Halyal
Medium: Acrylic on Canvas
Size: 36” x 36”
okf"kZd fjiksVZ
ANNUAL REPORT
49
2016 - 2017
[krs l]s [kfygku l]s eku l]s lEeku ls

/kjrh l]s vkleku l]s Kku l]s foKku ls
50 lkykas ls fuHkk;k fj'rk
gj fdlku l]s Hkkjr ds LokfHkeku l]s
feVV~h dh tku gS & bQdks
fdlku dh 'kku gS & bQdks
IFFCO is the pride of cooperatives that

works with dedication for the development
of cooperatives, farmers & the nation by
maintaining a balance between ecology and
sustainable business practices.
okf"kZd fjiksVZ
ANNUAL REPORT
49
2016 - 2017
fo"k; lwph
18
6
ladYiuk ,oa y{;
Vision and Mission
16
17 26 96
funs’kdksa dh fjiksVZ
Directors’ Report
okf"kZd fjiksVZ
ANNUAL REPORT
49
2016 - 2017
CONTENT
102 143
ys[kkijh{kdksa dh fjiksVZ
Auditors’ Report
110
111
ykHk o gkfu
dk fooj.k
Statement of
Profit & Loss
142
112 114
ladYiuk
fdlkuksa dh vk; esa fujUrj o`f) ds mís'; ls mUgsa mÙke DokfyVh ds moZjd miyC/k djkuk ftlls os larqfyr
moZjd mi;ksx ds }kjk viuh d`f"k mRikndrk c<+k ldsa] i;kZoj.k dks LoPN cuk, j[kuk vkSj lgdkjh lfefr;ksa dks
vkfFkZd vkSj yksdrkfU=d :i ls etcwr cukuk ftlls os l'kDr xzkeh.k Hkkjr ds fy, d`"kd leqnk; dks
mPp Lrjh; O;kolkf;d lsok,a miyC/k djk ldsa A
y{;
• fdlkuksa dks mfpr le; ij vkSj i;kZIr ek=k esa mÙke DokfyVh ds moZjd miyC/k djkdj d`f"k mRikndrk esa o`f) djuk A
• la;a=ksa dks ÅtkZ n{k cukuk vkSj ÅtkZ ds laj{k.k ds fy, fofHkUu ;kstukvksa dh fujUrj leh{kk djuk A
• lkekftd Lrj dks Å¡pk mBkus ds mn~ns'; ls LokLF;] lqj{kk] i;kZoj.k vkSj okfudh fodkl ds izfr izfrc)rk A
• lqn`<+ lekt ds fuekZ.k ds fy, lkekftd nkf;Roksa ds izfr izfrc)rk A
• uSfrd ewY;ksa dks izksRlkfgr djrs gq, Vhe Hkkouk] l'kfDrdj.k vkSj ekSfydrk dh laLd`fr dks iksf"kr djuk rkfd deZpkfj;ksa
dh {kerk dk fujarj fodkl gks lds vkSj laLFkkxr mn~ns';ksa dks izkIr fd;k tk lds A
• fo'okl] ikjnf'kZrk vkSj ikjLifjd ljksdkj dh dk;Z laLd`fr fodflr djuk ftlls gekjh dk;Ziz.kkyh gekjs lnL;ksa dh
vkdka{kkvksa ,oa le; dh dlkSVh ij [kjh mrj lds A
• Js"B ewY;ksa dks vk/kkj cukrs gq, ,slk laxBu cukuk ftldk y{; xzkgdksa dks csgrj vkSj Rofjr lsok,a iznku djuk gksA
fl)karksa vkSj dk;Ziz.kkyh esa lkeatL; cukrs gq, ikjnf'kZrk] mÙkjnkf;Ro ,oa lR;fu"Bk ds izfr izfrc)rk A
• fo'oluh;] n{k vkSj fdQk;rh izkS|ksfxfd;ksa dk vf/kxzg.k djuk vkSj mUgsa viuh dk;Z iz.kkyh esa 'kkfey djuk A
• de ewY; ij QkLQsfVd moZjdksa dk mRiknu djus ds fy, fons'kksa esa la;qDr m|eksa esa lgHkkfxrk djds dPps eky dh
O;oLFkk djuk A
• dksj vkSj ukWu&dksj lsDVjksa esa fodkl lqfuf'pr djuk A
• ns'k esa lgdkfjrk vkUnksyu dks etcwr cukus dh fn'kk esa vxz.kh lgdkjh lfefr ds :i esa dk;Z djuk A laxBu dks
xfr'khy cukuk] ubZ pqukSfr;ksa ds vuq:i <kyus ds fy, l'kDr j.kuhfr rS;kj djuk] viuh iwoZ miyfC/k;ksa vkSj vuqHkoksa ds
vk/kkj ij miyC/k voljksa dk leqfpr mi;ksx djuk ftlls vf/kdkf/kd vk; vftZr dh tk lds vkSj lnL;ksa dks 'ks;jksa
dk vf/kdre ewY; izkIr gks ldsA
06
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Vision
To augment the incremental incomes of farmers by helping them to increase their crop productivity through
balanced use of energy efficient fertilisers; maintain the environmental health; and to make cooperative
societies economically and democratically strong for professionalised services to the farming community to
ensure an empowered rural India.
Mission
• To provide to farmers high quality fertilisers in right time and in adequate quantities with an objective to
increase crop productivity.
• To make plants energy efficient and continually review various schemes to conserve energy.
• Commitment to health, safety, environment and forestry development to enrich the quality of
community life.
• Commitment to social responsibilities for a strong social fabric.
• To institutionalise core values and create a culture of team building, empowerment and innovation which
would help in incremental growth of employees and enable achievement of strategic objectives.
• Foster a culture of trust, openness and mutual concern to make working a stimulating and challenging
experience for stakeholders
• Building a value driven organisation with an improved and responsive customer focus. A true commitment
to transparency, accountability and integrity in principle and practice.
• To acquire, assimilate and adopt reliable, efficient and cost effective technologies.
• Sourcing raw materials for production of phosphatic fertilisers at economical cost by entering into Joint
Ventures outside India.
• To ensure growth in core and non-core sectors.
• A true cooperative society committed for fostering cooperative movement in the country. Emerging as
dynamic organisation, focussing on strategic strengths, seizing opportunities for generating and building
upon past success, enhancing earnings to maximise the shareholders’ value.
07
funs'kd eaMy @ Board of Directors
v/;{k çca/k funs'kd

cyfoUnj flag udbZ MkW -mn; 'kadj voLFkh
Chairman Managing Director
Balvinder Singh Nakai Dr. U.S. Awasthi
funs'kd funs'kd funs'kd funs'kd funs'kd funs'kd

izse pUnz eqa'kh ekaxh yky Mkaxk ;Ecdjko th fljlkB foV~ByHkkbZ ,p jknfM+;k 'kh'k iky flag izeksn dqekj flag
Director Director Director Director Director Director
Prem Chandra Munshi Mangi Lal Danga Trimbakrao G. Sirsath Vithalbhai H. Radadia Sheesh Pal Singh Pramod Kumar Singh

izgykn flag lhekpy ik<h+ ds Jhfuokl xkSM+k , izoh.k jsM~Mh Jherh lqd`fr fy[kh jekdkar HkkxZo
Prahlad Singh Simachal Padhy K. Srinivasa Gowda A. Praveen Reddy Smt. Sukriti Likhi Ramakant Bhargava
08
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
funs'kd eaMy @ Board of Directors

MkW - ¼Jherh½ ,e ,u djsdÙskk vkfnR; ;kno MkW - ,e oh jko gyIik cklIik vkpkj tjuSy flag okfgn vHk; dqekj
Dr.(Smt). M.N. Kerketta Aditya Yadav Dr. M. V. Rao Halappa Basappa Achar Jarnail Singh Wahid Abhay Kumar
funs'kd funs'kd funs'kd la;qDr izca/k funs'kd funs'kd¼rduhdh½ funs'kd ¼ek - la - ,oa fof/k½
dkaph jkek jko MkW - ch ,l- fo'oukFku jkt dqekj f=ikBh jkds'k diwj ds ,y flag vkj ih flag
Director Director Director Joint Managing Director Director (Tech.) Director (HR & Legal)
Kanchi Rama Rao Dr. B.S. Vishwanathan Raj Kumar Tripathi Rakesh Kapur K.L. Singh R.P. Singh
foi.ku funs'kd funs'kd ¼LVSªVsth ,oa la;qDr m|e½ funs'kd ¼vkbZVh lsok;sa½ funs'kd ¼l - fo - ,oa bZ,lih½ funs'kd ¼ubZ ifj;kstuk,a ,oa d`f"k e'khujh½
vjfcUn jkW; euh"k xqIrk ,e vkj iVsy , ds flag vfuy dqekj ekgs'kojh
Marketing Director Director (Strategy & JV) Director (IT Services) Director (CD & ESP) Director (New Proj. & Agr. Mech)
Arabinda Roy Manish Gupta M. R. Patel A. K. Singh Anil Kr. Maheshwari
09
iwoZ&v/;{k@Ex-Chairman
mn;Hkku flagth tloar esgrk dka fryky ,Q f?k;k

Udaybhansinhji Jaswant Mehta Kantilal F. Ghiya
March’68-July’73 Oct’73-May’75 Nov.’75-Oct’77
czãdqekj HkV~V ,e Jhfuokl jsM~Mh Äu';ke flag Lkrchj flag dkfn;ku vkj oh xqIRkk
Brahmakumar Bhatt M. Srinivasa Reddy Ghan Shyam Singh Satbir Singh Kadian R.V. Gupta
Oct’77-Feb’81 Feb’81-March’88 March’88-March’90 March’90-March’92 March’92-June’92
ih jkepUnz jsM~Mh Mh ih ;kno lqjsUnz dqekj tk[kM+ ds Jhfuokl xkSM+k ,u ih iVsy

P. Ramachandra Reddy D.P. Yadav Surinder Kumar Jakhar K. Srinivasa Gowda N. P. Patel
July’92-Oct’95 Dec’95-Jan’97 Jan’97-June’01 June’01-May’04 Jan’11-May’14
May’04 - Jan. ‘11
10
okf"kZd fjiksVZ
ANNUAL REPORT
49
2016 - 2017
iwoZ&Ikzca/k funs”kd@Ex-Managing Director
IkkWy iksFksu ,y vkj ryokj MkW - th ,l fo|kFkhZ

Paul Pothen L.R. Talwar Dr. G. S. Vidyarthi
March’68 - July’ 80 July’80 - Nov ‘82 March’83 - April ‘83
,e ,l pgy ,e ,p vo/kkuh Lkh ih ekFkqj ch ,y ukjk;.k

M.S. Chahal M.H. Avadhani C.P. Mathur B.L. Narayana
April’83 - Aug ‘83 Aug’83 - March ‘90 March’90 - April ‘91 April’91 - Jan ‘93
11
dk;Zdkjh@Executives
ds ds oekZ fcfjUnj flag eqdqy JhokLro vk'kh"k dqekj ik.Mk

ofj - dk;Zdkjh funs'kd ¼foÙk o ys[kk½] eq[;ky; ofj - dk;Zdkjh funs'kd ¼lh -vkj -,l -½] eq[;ky; dk;Zdkjh funs'kd] Qwyiqj ofj - egkizca/kd] ikjknhi
K K Verma Birinder Singh Mukul Srivastava Ashis Kumar Panda

Sr. Executive Director (F&A), HO. Executive Director, Phulpur Sr. General Manager,
Sr. Executive Director (C.R.S.), HO. Paradeep
,l vkj dq'kokgk ;ksxs'k u#yk th ds xkSre ds ,u tks'kh

ofj - egkizca/kd] dkaMyk ofj - egkizca/kd] eq[;ky; ofj - egkizca/kd] vkaoyk ofj - egkizca/kd ¼okf.kfT;d½] eq[;ky;
S R Kushwaha Yogesh Narula G K Gautam K N Joshi

Sr. General Manager, Kandla Sr. General Manager, H.O. Sr. General Manager Sr. General Manager (Comm.),
Aonla HO
ih oh ukjk;.k fczxs - lqjsUnj dqekj ;ksxsUnz dqekj th vkj cjuoky

ofj - egkizca/kd ¼leUo;½] dkaMyk ofj - egkizca/kd] ¼lq - ,oa ç'kk -½] Ekq[;ky; ofj - egkizca/kd ¼foi -½] fo -eq - egkizca/kd ¼lkexzh½] ikjknhi
P V Narayana Brig. Surinder Kumar YOGENDRA KUMAR G R Baranwal

Sr. General Manager (Coord.), Sr. General Manager (Sec.& Admn.), Sr. General Manager (Mktg.) General Manager (Materials),
Kandla HO MKCO Paradeep
vkj ds JhokLro vkbZ lh >k izoh.k vxzoky Mh th bukenkj

egkizca/kd ¼dk - ,oa iz'kk -½] vkaoyk egkizca/kd ¼vuqj{k.k½] vkaoyk egkizca/kd ¼foÙk o ys[kk½] eq[;ky; egkizca/kd] dyksy
R K Srivastava I C Jha Praveen Agarwal D.G. Inamdar

General Manager (P&A), General Manager (Maint.) General Manager (F&A) General Manager
Aonla Aonla HO Kalol
12
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
dk;Zdkjh@Executives
, ds xqIrk ds ts iVsy ,e ,e vgen udqy ikBd

egkizca/kd ¼vkbZ -Vh -lsok,a½] eq[;ky; egkizca/kd ¼vuq -½] ikjknhi egkizca/kd ¼vuq -½] Qwyiqj egkizca/kd ¼ek -la -½]eq[;ky;
A K Gupta K J Patel M M Ahmed Nakul Pathak

General Manager (IT Services) General Manager (Maint.) General Manager (Maint.) General Manager (HR)
HO Paradeep Phulpur HO
jkds'k iqjh vjfoUn dqekj ds 'kkUrk dqekj lh ,u 'kkg

egkizca/kd ¼mRiknu½] vkaoyk la;qDr egkizca/kd ¼;kaf=dh½] eq[;ky; la;qDr egkizca/kd ¼rduhdh½]dkaMyk la;qDr egkizca/kd ¼rduhdh½]ikjknhi
Rakesh Puri Arvind Kumar K. Shantha Kumar C. N. Shah

General Manager (Prod.) Jt. General Manager (Mech.), Jt. General Manager (Tech.) Jt. General Manager (Tech.)
Aonla HO Kandla Paradeep
vkj ds tSu , th ekxZcU/kq oh ,e ikoMs th ds xqIrk

la;qDr egkizca/kd ¼;kaf=dh½] dkaMyk la;qDr egkizca/kd ¼mRiknu½] dyksy la;qDr egkizca/kd ¼lkexzh½] dkaMyk la;qDr egkizca/kd ¼lkexzh½] Qwyiqj
R. K Jain A.G. Margabandhu V M Pawde G. K Gupta

Jt. General Manager (Mech.) Jt. General Manager (Prod.) Jt. General Manager (Mtrl.) Jt. General Manager (Mtrl.)
Kandla Kalol Kandla Phulpur
dq'ky dqekj flag ftrsUnz dqekj ,l Mh 'kekZ vkj ds pkoyk

la;qDr egkizca/kd ¼fo|qr½] Qwyiqj fo'ks"k dk;Z vf/kdkjh] Qwyiqj la;qDr egkizca/kd ¼fo|qr ,oa mi -½] ikjknhi la;qDr egkizca/kd] eq[;ky;
Kushal Kumar Singh Jitendra Kumar S D Sharma R K Chawla

Jt. General Manager (Elect.) Officer on Spl. Duty Jt. General Manager (Elect. & Util.) Jt. General Manager
Phulpur Phulpur Paradeep HO
13
dk;Zdkjh@Executives
ts ih JhokLro ih ,u 'kkg egewn vkye vkj ch fiify;k

la;qDr egkizca/kd ¼bZ ,oa ,l½] ikjknhi la;qDr egkizca/kd ¼lkexzh½] vkaoyk la;qDr egkizca/kd ¼byS - ,oa bWaLVª -½] vkaoyk la;qDr egkizca/kd ¼lkexzh½] dyksy
J P Srivastava P N Shah Mahmood Alam R.B. Pipalia

Jt. General Manager (E&S) Jt. General Manager (Mtrl.) Jt. General Manager (Elect. & Inst.) Jt. General Manager (Mtrl.)
Paradeep Aonla Aonla Kalol
, ds xxZ Mh lh ekgs'ojh MkW - ,e txu eksgu jsM~Mh fnokdj feJk

la;qDr egkizca/kd ¼mi;ksfxrk½] vkaoyk la;qDr egkizca/kd ¼foÙk o ys[kk½] dyksy la;qDr egkizca/kd ¼ifj -;kstuk½] fo -eq - la;qDr egkizca/kd ¼;wfj;k½] Qwyiqj
A. K. Garg D C Maheshwari Dr. M Jagan Mohan Reddy Diwakar Misra

Jt. General Manager (Util.) Jt. General Manager (F&A) Jt. General Manager (Mov. Pl.) Jt. General Manager (Urea)
Aonla Kalol MKCO Phulpur
ch ds nkl jfo vfXugks=h ih;w"k feJ vks ih nk;ek

la;qDr egkizca/kd ¼veksfu;k½]Qwyiqj la;qDr egkizca/kd ¼okf.kfT;d½] eq[;ky; la;qDr egkizca/kd ¼rd -½] eq[;ky; la;qDr egkizca/kd ¼rd -½] dyksy
B. K Das Ravi Agnihotri Piyush Misra O.P. Dayama

Jt. General Manager (Ammonia) Jt. General Manager (Comm.) Jt. General Manager (Tech.) Jt. General Manager (Tech.)
Phulpur HO. HO Kalol
Vkseth dfyaxy oh ,u HkkLdj eqds'k dqyJs"B ,l ,l jkor

la;qDr egkizca/kd ¼ifj -½] fo -eq - la;qDr egkizca/kd ¼vkbZ Vh lsok,a½] Qwyiqj la;qDr egkizca/kd ¼vuqj{k.k½] dyksy la;qDr egkizca/kd ¼vkar -yss -½] eq[;ky;
Tomgee Kallingal V N Bhaskar Mukesh Kulshrestha S. S Rawat

Jt. General Manager (Tpt.) Jt. General Manager (I.T.Services) Jt. General Manager (Maint.) Jt. General Manager (I.A.)
MKCO Phulpur Kalol HO
14
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
dk;Zdkjh@Executives
lqjs'k xks;y ,l ds egkik=k ts oh HkkfV;k lat; dqnsfl;k

la;qDr egkizca/kd] ¼foÙk o ys[kk½ ikjknhi la;qDr egkizca/kd ¼iksVZ ,oa ykWft -½ ikjknhi la;qDr egkizca/kd ¼byS - ,oa bWaLVª -½ dkaMyk la;qDr egkizca/kd ¼dk -,oa ç'kk -½ Qwyiqj
Suresh Goyal S.K. Mahapatra J.V. Bhatia Sanjay Kudesia

Jt. General Manager (F&A) JGM (Port & Logistics) Jt. General Manager (Elect. & Inst.) Jt. General Manager (P&A)
Paradeep Paradeep Kandla Phulpur
vkj ds ik.Ms; ;w lh cktis;h lat; xqIrk nsosUnz dqekj

la;qDr egkizca/kd ¼mRiknu½ ikjknhi la;qDr egkizca/kd ¼mRik - ,oa ih,p -½ dkaMyk la;qDr egkizca/kd ¼,l - ,oa tsoh -½] eq[;ky; la;qDr egkizca/kd ¼foÙk o ys[kk½] fo -eq -
R.K. Pandey U.C. Bajpai Sanjay Gupta Devender Kumar

Jt. General Manager (Prod.) Jt. General Manager (Prod. & PH) Jt. General Manager (S & JV) Jt. General Manager (F&A)
Paradeep Kandla H.O. MKCO.
gjh'k dqekj lq[knso flag jktsUnz [kjkZ

la;qDr egkizca/kd ¼dkjiksjsV lsok,a½ la;qDr egkizca/kd ¼foi -½] jk -dk - iatkc la;qDr egkizca/kd ¼foi -½] jk -dk - jktLFkku
eq[;ky;
Sukhdev Singh Rajendra Kharra
Harish Kumar Jt. General Manager (Mktg.) Jt. General Manager (Mktg.)
Jt. General Manager (CRS) Punjab S.O Rajasthan S.O.
HO
15
iathd`r dk;kZy;
bQdks lnu] lh&1] fMfLVªDV lsUVj] lkdsr Iysl] ubZ fnYyh&110 017
eSllZ v:.k flag ,aM dEiuh eSllZ ,l eku ,aM dEiuh

lunh ys[kkiky lunh ys[kkiky
,Q&7] yktir uxj&III 1006] 10oha eafty] foØkar VkWoj]
ubZ fnYyh&110 024 jktsUnz IYksl
ubZ fnYyh&110 008
eSllZ oh ds <haxjk ,aM dEiuh eSllZ ,l ds esgrk ,aM dEiuh

lunh ys[kkiky lunh ys[kkiky
1]bZ@15] >aMsokyku ,DlVas'ku 504] dhfrZ egy
ubZ fnYyh&110 055 19] jktsUnz IYksl
ubZ fnYyh&110 008
EkSllZ th ,l ekFkqj ,aM dEiuh
lunh ys[kkiky
,&160] fMQsUl dkWyksuh
ubZ fnYyh&110 024
baMlbaM cSad fyfeVsM

Mh ch ,l cSad fyfeVsM
dksVd efgUnzk cSad fyfeVsM
mÙkj çns'k dksvkijsfVo cSad fyfeVsM
Bankers Auditors
Indian Overseas Bank
M/s. Arun Singh & Co. M/s. S. Mann & Co.
State Bank of India
Chartered Accountants Chartered Accountants
Bank of Baroda
F-7, Lajpat Nagar - III 1006, 10th Floor, Vikrant Tower,
Standard Chartered Bank
New Delhi -110 024 Rajendra Place,
The Maharashtra State Cooperative Bank Ltd.
New Delhi - 110 008
The West Bengal State Cooperative Bank Ltd.
Madhya Pradesh State Cooperative Bank Ltd. M/s. V K Dhingra & Co. M/s. S. K Mehta & Co.
The Karnataka State Cooperative Bank Ltd. Chartered Accountants Chartered Accountants
The Punjab State Cooperative Bank Ltd. 1-E/15, Jhandewalan Extn 504, Kirti Mahal
The Hongkong and Shanghai Banking Corporation Ltd. New Delhi -110 055 19, Rajendra Place,
ICICI Bank Ltd. New Delhi - 110 008
IDBI Bank Ltd.
HDFC Bank Ltd.
M/s. G.S. Mathur & Co.
Punjab National Bank
Chartered Accountants
IndusInd Bank Ltd.
A - 160, Defence Colony
DBS Bank Ltd.
New Delhi -110 024
Kotak Mahindra Bank Ltd.
Uttar Pradesh Cooperative Bank Ltd.
16
okf"kZd fjiksVZ
ANNUAL REPORT
492016 - 2017
PLANT LOCATIONS
KALOL UNIT
P.O. Kasturinagar
Distt. Gandhinagar- 382423
(Gujarat)
KANDLA UNIT
P.O. Kandla - 370210
Kandla (Kachchh)
(Gujarat)
PHULPUR UNIT
P.O. Ghiyanagar
Distt. Allahabad-212404
(Uttar Pradesh)
AONLA UNIT
P.O. IFFCO Township
Paul Pothen Nagar,
Bareilly-243403 (Uttar Pradesh)
PARADEEP UNIT
xkao % eqlkfn;k Village: Musadia
P.O. Paradeep
lqjsUnz tk[kM+ uxj Surinder Jakhar Nagar
¼vksfM'kk½ Distt: Jagatsinghpur-754142
(Odisha)
bQdks ,lksfl,V~l ,oa lgk;d dEifu;k¡ IFFCO Associates & Subsidiaries

IFFCO-Tokio General Insurance Company Ltd.
IFFCO Kisan Sanchar Ltd.
National Commodity & Derivatives Exchange Ltd.
Indian Potash Limited
bQdks - ,elh ØkWi lkabl çk0 fy0 IFFCO- MC Crop Science Pvt. Ltd.
IFFCO Kisan SEZ Ltd.
IFFCO Kisan Bazar & Logistics Ltd.
IFFCO Chhattisgarh Power Ltd.
bQdks bZ cktkj fy0 IFFCO e Bazar Ltd.
,l,vkslh Oman India Fertiliser Company SAOC
Kisan International Trading FZE
,y,ylh Jordan India Fertilizer Company LLC
lsusxy Industries Chimiques du Senegal
IFFCO Kisan Sewa Trust
Indian Farm Forestry Development Cooperative Ltd.
Cooperative Rural Development Trust
17
Ten Years’ Financial Highlights
2016-17 2015-16 2014-15 2013-14 2012-13

12,066.16 15,663.87 12,352.67 10,111.86 11,003.58
vFkZ&lgk;rk@fj;k;r Subsidy/Concession 10,064.07 14,021.11 12,694.84 10,733.67 10,669.78
jktLo Revenue 22,130.23 29,684.98 25,047.51 20,845.53 21,673.36
466.87 715.67 331.89 536.60 537.42
dkjksckj Turnover 22,597.10 30,400.65 25,379.40 21,382.13 22,210.78
20,387.06 28,196.17 23,271.62 19,598.17 19,825.81
2,210.04 2,204.48 2,107.78 1,783.96 2,384.97

foŸk ykxr 864.34 906.77 771.03 861.26 789.52
ewY;gkzl@ifj'kks/ku Depreciation/Amortisation 329.08 277.82 297.29 514.92 488.02
1,016.62 1,019.89 1,039.46 407.78 1,107.43

dj 331.92 314.39 392.59 88.97 378.71
684.70 705.50 646.87 318.81 728.72

84.17 84.86 84.99 85.15 85.16
1.35 4.06 6.37 3.19 7.29

0.50 0.50 10.50 1.50 0.50
598.68 616.08 545.01 228.97 635.77
420.85 424.39 424.98 425.78 425.88
7,686.53 7,087.26 6,471.05 6,084.34 5.855.31

8,107.38 7,511.65 6,896.03 6,510.12 6,281.19
1,500.00 91.81 230.23 267.76 267.94

10,123.96 14,116.05 10,445.23 9,154.26 10,244.96
9.02 36.02 60.36 74.72 85.89
599.46 369.23 372.65 400.22 485.47
20,339.82 22,124.76 18,004.50 16,407.08 17,365.45
LFkk;h
¼pkyw iwathxr dk;Z lfgr½ 6,612.30 5,107.88 4,715.50 4,833.49 5,023.62
2,469.48 3,401.82 2,762.35 2,642.78 2,421.62
13,688.54 16,469.69 13,153.03 10,965.27 12,640.17
2,430.50 2,854.63 2,626.38 2,034.46 2,719.96

11,258.04 13,615.06 10,526.65 8,930.81 9,920.21
20,339.82 22,124.76 18,004.50 16,407.08 17,365.45
18
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Significant Financial Indicators
2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08
9.50 6.47 8.38 7.85 9.77
4.59 3.44 4.15 1.96 5.11
4.79 5.08 6.04 2.41 6.10
12.54 13.58 15.07 6.26 17.63
8.45 9.39 9.38 4.90 11.60
3.78 6.04 5.25 4.23 4.37
1.78 2.46 2.57 2.21 1.99
0.47 0.35 0.50 0.44 0.30
0.72 0.68 0.72 0.84 0.99
4.08 2.31 1.93 3.14 3.05
5.63:1 5.77:1 5.01:1 5.39:1 4.65:1
4.78:1 4.97:1 4.07:1 4.14:1 3.87:1
1.43:1 1.90:1 1.56:1 1.46:1 1.69:1
5,257 5,519 5,788 5,943 6,130
¼` djksM+ esa½ 4.21 5.38 4.33 3.51 3.54

¼` djksM+ esa½ 1,530 1,774 1,409 1,149 1,528
NET WORTH 8,107
7,512
CASH PROFIT
6,896
6,510
6,281
1014
1,217
983
(` in Crore)
(` in Crore)
934
834
2012-13 2013-14 2014-15 2015-16 2016-17 2012-13 2013-14 2014-15 2015-16 2016-17
19
2016-2017 ds nkSjku egÙoiw.kZ miyfC/k;k¡
Significant Highlights for the year 2016-2017
izpkyu Operation
TOTAL PRODUCTION TOTAL SALES
86.52 84.79 130.24 107.76
2015-16 2016-17 2015-16 2016-17
PRODUCTION - UREA SALES - UREA
46.68 43.27 78.70 63.82
2015-16 2016-17 2015-16 2016-17
PRODUCTION - NPK/DAP/NP SALES-NPK/DAP/NP
39.84 41.52 51.54 43.94
2015-16 2016-17 2015-16 2016-17
20
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
foÙkh; Financial 2016-2017 ds nkSjku egÙoiw.kZ miyfC/k;k¡

Significant Highlights for the year 2016-2017
TURNOVER RETAINED PROFIT
30,401 22,597 890 1158

¼` in crore½
¼` in crore½
2015-16 2016-17 2015-16 2016-17
PROFIT BEFORE TAX SALES
1,020 1,017 15,664 12,066

¼` in crore½
¼` in crore½
2015-16 2016-17 2015-16 2016-17
INTEREST COST
PROFIT AFTER TAX (Net of income from Bonds)
706 685 841 863

¼` in crore½
¼` in crore½
2015-16 2016-17 2015-16 2016-17
21
xkSjo ds {k.k
Moments of Glory
Unveiling of Golden plaques to mark the beginning of Golden Jubilee year celebrations of
IFFCO from the mother plant at Kalol, Gujarat
Board members of IFFCO at the inaugural function to mark the beginning of Golden
Jubilee year celebrations of IFFCO from the mother plant at Kalol, Gujarat
22
okf"kZd fjiksVZ
ANNUAL REPORT
49
2016 - 2017
Ok"kZ 2016-17 ds nkSjku dk;Zfu"iknu dh izeq[k ckrsa

Performance Highlights for the year 2016-2017
84.79 lakh MT
Production of Fertilisers (Best 86.52 lakh MT in 2015-16)
43.27 lakh MT
Urea Production (Best 46.68 lakh MT in 2015-16)
17.87 lakh MT
DAP Production (Best 19.43 lakh MT in 2012-13)
41.52 lakh MT
Production of NP/NPK/DAP/WSFs (Best 41.81 lakh MT in 2010-11)
moZjdksa dh fcØh 107.76 lakh MT

Sales of Fertilisers (Best 130.24 lakh MT in 2015-16)
;wfj;k dh fcØh 63.82 lakh MT

Sales of Urea (Best 78.70 lakh MT in 2015-16)
Mh,ih dh fcØh 20.91 lakh MT

Sales of DAP (Best 29.42 lakh MT in 2008-09)
43.94 lakh MT
Sales of NP/NPK/DAP/WSFs (Best 57.65 lakh MT in 2010-11)
moZjdksa dk çs"k.k 108.88 lakh MT

Fertiliser Despatches (Best 131.44 lakh MT in 2015-16)
dj&iwoZ ykHk ` 1016.62 crore

Profit Before Tax (Best PBT `1107.43 crore in 2012-13)
dj&i'pkr ykHk ` 684.70 crore

Profit After Tax (Best PAT `791.49 crore in 2010-11)
` 22,597.10 crore
Turnover (Best Turnover `33432 crore in 2008-09)
lokZf/kd la;a= mRikndrk 2053 MT per employee

Highest Plant Productivity (Previous Best 1995 MT in 2015-16)
9647 MT per employee

Marketing Productivity (Best 11019 MT in 2015-16)
5.717 Gcal/ MT of Urea

Composite Energy Consumption (Lowest 5.695 Gcal / MT of
Urea in 2015-16)
23
funs'kdksa dh fjiksVZ
32 foŸkh; dk;Zfu"iknu
36 'ks;j iwath ,oa fuoy laifÙk
38 la;a= dk;Zfu"iknu
46 foi.ku dk;Zdyki
62 lgk;d daifu;k¡ ,oa ,lksfl,V~l
24
okf"kZd fjiksVZ
ANNUAL REPORT
49
2016 - 2017
Directors' Report
Financial Performance 33
Share Capital & Net Worth 37
Plant Performance 39
Marketing Overview 47
Subsidiaries & Associates 63
25
bQdks dh 45oha okf"kZd vke cSBd esa v/;{k] Jh ch ,l udbZ dk mn~cks/ku
Jh jkds'k dwij] la;qDr çca/k funs'kd] 45oha okf"kZd

vke cSBd dk uksfVl i<+rs gq,
lfefr 3 uoacj] 2017 d¨ 50 lkyä dh

x©joe;h ;k=k lQyrkiwoZd laiUu
djus tk jgh gSA bl Lo.kZ t;arh o"kZ esa
vkidh lfefr us viuh lQyrk d¨
d¨vkijsVlZ rFkk d`"kd leqnk; d¨
leÆir djus dk fu.kZ; fy;k gSA
26
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Dr. U. S. Awasthi, Managing Director, addressing the delegates at the 45 th AGM
Shri N. P. Patel, the then Vice Chairman, IFFCO

addressing the delegates
Managing Director is taking

PM's message to all the 125
locations across India
27
45oha okf"kZd vke cSBd esa Hkkx ysrs gq, izfrfuf/kx.k
45oha okf"kZd vke cSBd esa bQdks&,elh dk LVkWy
lfefr us bu 50 o"k¨± esa lQyrk ds u;s

dhÆreku LFkkfir fd, gSa v©j ns'k esa
[kk| lqj{kk ds fy, gfjr Økafr ykus
rFkk jk"Vª fuekZ.k esa egRoiw.kZ Òwfedk
fuÒkÃ gSA
28
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Board of Directors of IFFCO during the 45 th Annual General Meeting in New Delhi
Shri A. K. Singh, Director, (CD & ESP) interacting

with IFFDC employees in an exhibition
Launched Indian Cooperative

Digital Platform by way of IFFCO
Bazar to bring all its members/
farmers on one platform so that
there can be exchange of ideas,
knowledge sharing as well as for
exploring business possibilities.
29
45oha okf"kZd vke cSBd esa dksjMsV dk LVkWy
45oha okf"kZd vke cSBd esa vkbZ,Q,QMhlh ds LVkWy ij

vkfnoklh gLrf'kYi dk çnZ'ku
lfefr us o"kZ 2016&17 ds n©jku

` 1016-62 dj¨M+ dk dj iwoZ ykÒ
vÆtr fd;k gSA 107-76 yk[k eh-Vu
moZjdä dh fcØh gqÃ rFkk ` 22597
dj¨M+ dk fcØh dkj¨ckj gqvkA
30
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Cooperators and delegates at the registration counter of 45 th Annual General Meeting in New Delhi
Managing Director flagging off IFFCO's Mobile

product van in Lucknow
About R 84.79 Lakh MT fertilizers

were produced by Your Society,
consisting of R 43.27 Lakh MT
U re a a n d 4 1 . 5 2 L a k h M T
31
45oha okf"kZd vke cSBd esa lgdkjh cU/kqvksa ds lkFk funs'kd e.My ds lnL;
45oha okf"kZd vke cSBd esa çfrfuf/k;ksa dk iathdj.k
32
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Board members during Golden Jubilee Celebration event at Kandla Plant
Bagging of complex fertilizers at Kandla Plant
33
vkbZlh, ds dk;ZØe esa mifLFkr x.kekU; O;fDr
vkbZlh, ds dk;ZØe esa MkW- mn; 'kadj voLFkh dk

lEcks/ku
lfefr us viuk fons'kh eqnzk dkj¨ckj

bl rjhds ls laÒkyk ftlls lfefr d¨
R69 dj¨M+ ¼yxÒx½ dh cpr gqÃA
34
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Transportation of IFFCO Fertiliser bags in the backwaters of Kerala
A farmers meet in Haryana
Profit before Tax of 1016.62crore

during the year 2016-17 as
against R 1019.89 crore during
2015-16. The Profit bef ore
Depreciation, Interest and Tax
(PBDIT) was R 2210.04 crore as
compared to ` 2204.48 crore in
the previous year.
35
dsUnzh; jlk;u ,oa moZjd ea=h] Jh vuar dqekj ls ,Q,vkbZ iqjLdkj çkIr djrs gq, Jh eqdqy JhokLro]
bdkbZ çeq[k] Qwyiqj
¼` dj¨M+ esa½
en 2016-17 2015-16
vkoaVu ;¨X; fuoy ykÒ 134.70
318.81 405.50
ÄVk,a% çLrkfor fofu;¨tu
(i) mifu;e 56¼i½ds vuqlj.k esa vkjf{kr fuf/k 33.68 121.65
(ii) mifu;e 56(iv) ds vuqlj.k esa vkdfLedrkvä
13.47 40.55
ds fy, vkjf{kr fuf/k
(iii) lgdkjh f'k{kk fuf/k ds fy, vkjf{kr 1.35 4.06
(iv)lgdkjh dY;k.k fuf/k - 0.50
(v) nku ds fy, vkjf{kr 0.50 49.00 0.50 167.26
fuiVku ;¨X; fuoy ykÒ 85.70 238.24

dsUnzh; jlk;u ,oa moZjd ea=h] Jh vuar dqekj ls ÄVk,a& çnŸk bfDoVh iwath ij 20 çfr'kr dh 84.17 84.86
,Q,vkbZ iqjLdkj çkIr djrs gq, Jh th ds xkSre] nj ls çLrkfor ykÒka'k
bdkbZ çeq[k] vkaoyk 'ks"k lkekU; vkjf{kr fuf/k d¨ varfjr 1.53 153.38
'ks;j iwath
31 ekpZ] 2017 d¨ vkidh lfefr dh çnRr 'ks;j iwath ` 420-85 dj¨M+ rFkk dqy lnL; la[;k 35]243
g¨ xÃ gS] tcfd 31 ekpZ] 2016 d¨ lfefr dh 'ks;jiwath ` 424-39 dj¨M+ rFkk dqy lnL; la[;k 35]214
FkhA ,slk uÃ lfefr;ä d¨ lnL;rk çnku djus] lfefr;ä ds foy;] 'ks;j iwath dh okilh] lfefr;ä ds
ifjlekiu] ykirk lfefr;ä dh 'ks;jiwath tCr djus rFkk mudh lnL;rk jí djus dh otg ls gqvk
gSA
vkjf{kr ,oa vf/k'ks"k fuf/k;ka
31 ekpZ] 2016 d¨ vkjf{kr ,oa vf/k'ks"k fuf/k;ka ` 7087-26 dj¨M+ FkÈ t¨ 31 ekpZ] 2017 d¨ c<+dj
` 7686-53 dj¨M+ g¨ xÃ gSaA bl çdkj buesa xr o"kZ dh rqyuk esa ` 599-27 dj¨M+ dh o`f) gqÃ gSA xr
foŸkh; o"kZ dh lekfIr ij lfefr dh fuoy lEifRr ` 7511-65 dj¨M+ Fkh t¨ 31 ekpZ] 2017 d¨ c<+dj
`8107-38 dj¨M+ g¨ xÃ gSA
36
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Shri Ananth Kumar, Union Minister for Chemicals & Fertilizers and Shri Mansukh L Mandaviya, Minister of State for
Chemicals and Fertilizers presenting FAI Award for Marketing Services to Shri A. Roy, Marketing Director, IFFCO
¼` in crore½
Item 2016-17 2015-16
Net Allocable Profit 134.70

318.81 405.50
Less: Proposed Appropriations
(i) Reserve Fund as per bye- law 56(i) 33.68 121.65
(ii) Reserve Fund for Contingency as
13.47 40.55
per Bye
- law 56(iv)
(iii) Reserve for Cooperative Education 1.35 4.06
Fund
(iv)Cooperative Welfare Fund - 0.50
(v) Reserve for Donations 0.50 49.00 0.50 167.26
Net Disposable Profit 85.70 238.24
Less: Proposed Dividend
(@ 20 percent of the paid up equity) 84.17 84.86
Shri Shamsher Singh, the then ED of Kalol Unit
Balance transferred to General receiving FAI Award for Kalol Unit
1.53 153.38
Reserve
SHARE CAPITAL
As on March 31, 2017, the Society's paid up Share Capital was ` 420.85 crore with total
number of member shareholders at 35,243 as against Share Capital of ` 424.39 crore and
total Number of member shareholders at 35,214 as on March 31, 2016 consequent to new
admission, merger, refund, liquidation, forfeiture and cancellation of membership of
untraceable societies.
Reserves & Surplus

The Reserves and Surplus increased from ` 7087.26 crore as on March 31, 2016 to
` 7686.53 crore as on March 31, 2017, indicating an increase of ` 599.27 crore over the
previous year. The Net Worth of the Society as on March 31, 2017 increased to ` 8107.38
crore from ` 7511.65 crore as at the close of the previous year.
37
çca/k funs'kd ds lkFk bQdks ds ofj"B vf/kdkjhx.k ,oa ,Q,vkbZ iqjLdkj fotsrk
_.k fuf/k;ka
o"kZ ds nkjSku lÒh _.kä v©j mu ij yxs C;kt dh jkf'k dk Òxqrku le; ij fd;k x;kA 31 ekp]Z 2017 d¨
cdk;k _.k fuf/k;ka ` 11632-98 dj¨M+ FkÈ] tcfd xr o"kZ dh lekfIr ij ;g jkf'k ` 14]243-88 dj¨M+ FkhA foŸk
o"kZ dh nl w jh Nekgh ds n©jku mojZd vFk& Z lgk;rk ds Òxqrku dh xfr /kheh g¨ xÃ ftlds ifj.kkeLo:i
dk;'Zkhy it a w h dh vf/kd vko';drk iMh+A 31 ekp]Z 2017 d¨ lfefr dk _.k bfDoVh vuiqkr 1-43%1 jgk tcfd
xr foŸk o"kZ ea s ;g vuiqkr 1-90%1 FkkA lfefr us viuh ÅtkZ cpr ifj;¨tukvä @diSDsl ds fy, vR;f/kd
çfr;¨xh ,oa 5 o"kZ ds fy, fQDl C;kt nj ij ` 1500 dj¨M+ dk lkof/kd _.k ¼vjf{kr _.k½ fy;k gS A
LFkk;h ifjlEifŸk;ka
31 ekpZ] 2017 ds vuqlkj ldy Cykd ¼pkyw iwathxr dk;¨± lfgr½ c<+dj ` 13523 dj¨M+ g¨ x;k]
tcfd 31 ekpZ] 2016 d¨ ;g ` 11]794 dj¨M+ FkkA bl çdkj o"kZ 2016&17 ds nkSjku blesa ` 1729
dj¨M+ dh o`f) gqÃ gSA ifjlEifŸk;ä esa gqÃ bl o`f) dk foRr i¨"k.k lfefr ds vkarfjd lalk/kuä rFkk
Jh ,u ih jko] vkaoyk bdkbZ] ,Q,vkbZ iqjLdkj çkIr o"kZ ds n©jku fy;s x;s nhÄkZof/kd _.k ls fd;k x;kA
djrs gq,
pkyw ifjlEifŸk;kaa
31 ekp]Z 2017 d¨ pkyw ifjlEifRr;ka ` 13506 dj¨M+ g¨ xÃa tcfd 31 ekp]Z 2016 d¨ ;g ` 16]796 dj¨M+ FkÈA
ykÒka'k
31 ekpZ] 2017 ds vuqlkj ldy Cykd lnL;ä d¨ ;g tkudj çlUurk g¨xh fd vkidh lfefr fiNys ianzg o"k¨± ls yxkrkj vf/kdre
vuqKs; nj ij ykÒka'k dk Òqxrku dj jgh gSA lfefr ds fujarj vPNs dk;Zfu"iknu rFkk moZjdä dh
¼pkyw iwathxr dk;¨± lfgr½ c<+dj fcØh ds fy, vR;f/kd çfr;¨xh foi.ku okrkoj.k d¨ ns[krs gq, bl o"kZ ds n©jku funs'kd eaMy us
`13523 dj¨M+ g¨ x;k] tcfd 31 ekpZ] ,d ckj fQj vFkkZr~ yxkrkj lÿgosa o"kZ çnŸk bfDoVh 'ks;jiwath ij 20 çfr'kr dh nj ls ykÒka'k nsus
2016 d¨ ;g `11794 dj¨M+ FkkA dh flQkfj'k dh gS t¨ fd vf/kdre vuqKs; gSA
la;a= dk;Z&fu"iknu
o"kZ 2016&17 ds nkjSku bQd¨ us 84-03 yk[k eh0 Vu mojZdä ds l'ak¨f/kr jktLo ctV ds fo#) 84-79
yk[k eh0 Vu mojZdä dk mRiknu fd;k ftleas 43-27 yk[k eh0 Vu uhe d¨VM s ;fwj;k rFkk 41-52 yk[k
eh0Vu ,uih@,uihd@ s Mh,ih@ikuh eas Äy q u'khy mojZd@ftd a lYQVs eü¨ gkbMVsª dk mRiknu
'kkfey gASa lÒh ;fwj;k l;a=
a ä us uhe d¨VM s ;fwj;k dk mRiknu fd;kA o"kZ 2016&17 ds nkjSku ukbV¨ªtu
rFkk ih2v®5 ds ekeys eas Øe'k% 99-8 çfr'kr rFkk 84-7 çfr'kr {kerk dk mi;¨x fd;k x;kA vky¨P; o"kZ
2016&2017 ds nkjSku ;fwj;k l;a= a ä eas dEi¨ftV fof'k"V ÅtkZ [kir 5-717 th dyS @eh0 Vu ;fwj;k gÃqA
38
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Vocational training camp for women at Kalol plant, Gujarat
LOAN FUNDS
All repayments of borrowings along with interest were discharged on time during the year.
The outstanding loan funds as on March 31, 2017 stood at ` 11632.98 crore as against
` 14243.88 crore at the end of the previous year. The pace of fertilizer subsidy disbursements
had slowed down during the second half of the financial year resulting in increased levels of
working capital requirements. The Society's Debt Equity Ratio as on March 31, 2017 was at
1.43:1 as compared to 1.90:1 in the previous financial year. The Society has availed Rupee
Term Loan of ` 1500 crore (Unsecured Loan) at a very competitive rate of interest, fixed for 5
years, for Energy Savings Projects/ Capex of the Society.
FIXED ASSETS
The Gross Block (including Capital Work in Progress) increased to ` 13523 crore as on
March 31, 2017 from ` 11794 crore as on March 31, 2016 resulting in additions of ` 1729
crore during 2016-17. The additions were funded out of internal accruals and Long term View of Paradeep plant
loan availed during the year by the Society.
CURRENT ASSETS
The Current Assets stood at ` 13506 crore as on March 31, 2017 as compared to ` 16796
crore as on March 31, 2016.
DIVIDEND
Board of Directors recommended
Members will be delighted to note that their Society has been paying the maximum
permissible dividend consecutively for the last fifteen years. Considering the continued for the sixteenth consecutive year
good performance during the year under review, and also considering the marketing the payment of dividend at the
environment engaging fierce competition for sales, the Board of Directors has once again
recommended for the sixteenth consecutive year the payment of dividend at the rate of rate of 20% of paid up equity
20% of paid up equity share capital, which is the maximum permissible.
share capital, which is the
PLANT PERFORMANCE maximum permissible.
IFFCO produced 84.79 lakh MT of Fertilisers during the Year 2016-17, comprising of 43.27
lakh MT of Neem Coated Urea and 41.52 lakh MT of NP/NPK / DAP / WSFs / Zinc Sulphate
Monohydrate, against the Revised Revenue Budget of 84.03 lakh MT of fertilisers. All Urea
plants produced Neem Coated Urea. The capacity utilization during FY16-17, in terms of 'N'
and 'P2O5' were 99.8 % and 84.7 %, respectively. The Urea plants achieved Composite
39
Jh ljq'sk çHk]q dUsnhz; jy
s e=
a h dk lEeku djrs g,q] Jh ch ,l udb]Z v/;{k ,oa Mk-W mn; 'kd
a j voLFkh] çc/ak fun'skd] bQdks
dyÿ bdkÃ esa foŸk o"kZ 2016&17 ds n©jku 3-77 yk[k eh0 Vu ve¨fu;k rFkk 6-02 yk[k eh-Vu
;wfj;k dk vc rd dk lokZf/kd mRiknu fd;k x;k tcfd la'k¨f/kr jktLo ctV 3-72 yk[k eh0 Vu
ve¨fu;k rFkk 6-0 yk[k eh0 Vu ;wfj;k FkkA ve¨fu;k rFkk ;wfj;k ds ekeys esa {kerk dk mi;¨x
Øe'k% 103-7 çfr'kr rFkk 110-5 çfr'kr fd;k x;kA dyÿ bdkÃ us vky¨P; o"kZ ds n©jku dkaMyk
bdkÃ d¨ 31272 eh0 Vu ljIyl ve¨fu;k dk vUrj.k Òh fd;kA 42 o"kZ iqjkuh bdkÃ güs ds
ckotwn bl bdkÃ }kjk o"kZ 2016&17 ds nkSjku 8-3810 thdSy@eh-Vu ve¨fu;k rFkk 5-686 th
dSy@eh0 Vu ;wfj;k dh nj ls ÅtkZ dh fof'k"V [kir gqÃ A o"kZ 2015&16 ds nkSjku ;wfj;k ds ekeys
esa fof'k"V ÅtkZ [kir 5-6870 thdSy@eh-Vu FkhA
Qwyiqj bdkÃ esa foŸk o"kZ 2016&17 ds nkSjku 9-35 yk[k eh0 Vu ve¨fu;k rFkk 16-24 yk[k eh0Vu
;wfj;k dk mRiknu fd;k x;k] tcfd la'k¨f/kr jktLo ctV 9-39 yk[k eh0 Vu ve¨fu;k rFkk 16-30
yk[k eh0 Vu ;wfj;k Fkk A ve¨fu;k rFkk ;wfj;k ds ekeys esa {kerk dk mi;¨x Øe'k% 95-9 çfr'kr
rFkk 95-6 çfr'kr fd;k x;kA Qwyiqj bdkÃ esa o"kZ 2016&17 ds nkSjku fof'k"V ÅtkZ [kir 6-029 th
vksfM'kk ds xk¡o esa bQdks fdlku lHkk dSy@eh0 Vu gqÃ] tcfd xr foŸkh; o"kZ esa ;g [kir 6-017 thdSy@eh-Vu ;wfj;k FkhA
vkaoyk bdkÃ eas foŸk o"kZ 2016&17 ds nkjSku 12-06 yk[k eh0 Vu ve¨fu;k rFkk 21-02 yk[k eh0Vu ;fwj;k
dk mRiknu fd;k x;k] tcfd l'ak¨f/kr jktLo ctV 11-68 yk[k eh0 Vu ve¨fu;k rFkk 20-30 yk[k eh0
Vu ;fwj;k FkkA ve¨fu;k rFkk ;fwj;k ds ekeys eas {kerk dk Øe'k% 105 çfr'kr rFkk 105-1 çfr'kr mi;¨x
fd;k x;kA vkoayk bdkÃ eas foRrh; o"kZ 2016&17 ds nkjSku ;fwj;k ds mRiknu eas 5-485 thdy S @eh0 Vu
fof'k"V ÅtkZ dh [kir gÃq] tcfd xr foŸkh; o"kZ ds n©jku ;g [kir 5-440 thdy S @eh-Vu ;fwj;k FkhA
dkaMyk bdkÃ esa o"kZ 2016&17 ds nkSjku 25-20 yk[k eh0 Vu ,uih@,uihds@ Mh,ih@ikuh esa
Äqyu'khy moZjd@ftad lYQsV eü¨gkbMªsV dk mRiknu fd;k x;k] tcfd la'k¨f/kr jktLo ctV
25-17 yk[k eh-Vu FkkA cYd moZjdä ds ekeys esa 102-4 çfr'kr {kerk dk mi;¨x fd;k x;kA
mi;ZqDr mRiknu esa ikuh esa Äqyu'khy moZjd dk 4089 eh-Vu v©j ftad lYQsV eü¨gkbMªsV dk
10916 eh-Vu dk mRiknu Òh 'kkfey gSA
ikjknhi bdkÃ eas foŸk o"kZ 2016&17 ds nkjSku 16-31 yk[k eh0 Vu ,uih@,uihd@ s Mh,ih] 12-01 yk[k
eh0 Vu lY¶;fwjd ,flM rFkk 5-83 yk[k eh0 Vu QkLWQ¨fjd ,flM dk mRiknu fd;k x;k tcfd
l'ak¨f/kr jktLo ctV 16-27 yk[k eh-Vu ,uih@,uihd@ s Mh,ih FkkA vky¨P; o"kZ ds nkjSku cYd mojZdä
ds mRiknu ds ekeys eas {kerk mi;¨x 85 çfr'kr fd;k x;kA ikjknhi bdkÃ us foRr o"kZ 2016&17 ds
nkjSku 0-05 yk[k eh0 Vu ftIle rFkk 4112 eh0 Vu ¶y¨j¨flyhfld ,flM dh fcØh Òh dhA
40
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Managing Director and other delegates inspecting IFFCO’s product range at an exhibition stall in Maharashtra
Specific Energy Consumption of 5.717GCal / MT of Urea during the financial year 2016-17.
Kalol Unit produced 3.77 lakh MT of Ammonia and achieved highest ever yearly
production of 6.02 lakh MT of Urea during the financial year 2016-17 against the revised
revenue budget of 3.72 lakh MT of Ammonia and 6.0 lakh MT of Urea. The Capacity
Utilisation for Ammonia and Urea were 103.7% and 110.5% respectively. Kalol Unit also
transferred 31272 MT of surplus Ammonia to Kandla Unit during the year under review. The
Unit, despite being 42 years old, achieved Specific Energy Consumptions of 8.3810
GCal/MT of Ammonia and 5.686 GCal/MT of Urea during the Financial Year 2016-17.
Specific Energy Consumptions of Urea was 5.6870 GCal / MT during the year 2015-16.
Phulpur Unit produced 9.35 lakh MT of Ammonia and 16.24 lakh MT of Urea during
Financial Year 2016-17 against the revised revenue budget of 9.39 lakh MT of Ammonia
and 16.30 lakh MT of Urea. The Capacity Utilization for Ammonia and Urea were 95.9% and
95.6%, respectively. Phulpur Unit achieved Specific Energy Consumption of 6.029 GCal /
MT of Urea during the financial year 2016-17 as compared to 6.017 GCal / MT of Urea Donation of Bio-digestor toilet under the
during the previous financial year. Swacch Bharat Abhiyan
Aonla Unit produced 12.06 lakh MT of Ammonia and 21.02 lakh MT of Urea during the
Financial Year 2016-17 against revised revenue budget of 11.68 lakh MT of Ammonia and
20.30 lakh MT of Urea. The capacity Utilization for Ammonia and Urea were 105% and
105.1% respectively. Aonla Unit achieved Specific Energy Consumption of 5.485 GCal / MT
of Urea during the financial year 2016-17 as compared to 5.440 GCal / MT of Urea during
the previous financial year.
Kandla Unit produced 25.20 lakh MT of NP/NPK/DAP/WSFs/Zinc Sulphate Monohydrate
during the financial year 2016-17 against revised revenue budget of 25.17 lakh MT. The
capacity utilization was 102.4% in terms of bulk fertilisers. The production of 4089 MT and
10916 MT of Water Soluble Fertilisers and Zinc Sulphate Monohydrate, respectively, are
included in above production.
Paradeep Unit produced 16.31 lakh MT of NP/NPK/DAP, 12.01 lakh MT of Sulphuric
Acid and 5.83 lakh MT of Phosphoric Acid during financial year 2016-17 against revised
revenue budget of 16.27 Lakh MT of NP/NPK/DAP. The capacity utilization, in terms of
bulk fertiliser, during the year under review was 85%. Paradeep Unit also sold 0.05 lakh
tonne of Gypsum and 4112 MT of Fluorosilicic Acid during the financial year 2016-17.
41
dUsnhz; xg` jkT; e=
a h] Jh gl
a jkt vghj rFkk bQdks ds foi.ku fun'skd] Jh vjfcna jk;W }kjk pd
s MeS dk ykd
s ki.Zk
o"kZ 2016&17 v©j o"kZ 2015&16 ds n©jku mRiknu dk;Zfu"iknu
moZjdksa dk mRiknu
¼yk[k eh0 Vu½
86.52
84.79
46.68
43.27
41.52
39.84
psd MSe dk voyksdu
2016-17 2015-16
;wfj;k ,uih@,uihds@Mh,ih@MCY;w ,l ,Q@ ;ksx

fta+d lYQsV
*dyÿ bdkÃ us foŸk o"kZ 2016&17 ds n©jku ;wfj;k dk vc rd dk lokZf/kd mRiknu fd;kA
42
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Union Minister of State for Finance Shri Santosh Gangwar being felicitated at IFFCO Golden Jubilee Celebration
event at Bareilly, UP
PRODUCTION PERFORMANCE DURING 2016-17 vis-a-vis 2015-16

2016-17 2015-16
Plant / Product Production Capacity Utilisation Production Capacity Utilisation
(Lakh MT) (%) (Lakh MT) (%)
Urea/Neem coated
Kalol 6.02 110.5 6.01 110.3
Phulpur–I 6.32 90.5 7.58 108.6
Phulpur–II 9.92 99.2 10.54 105.4
Aonla–I 10.69 106.9 11.33 113.3
Aonla–II 10.34 103.4 11.23 112.3
Total Urea 43.27 102 46.68 110.0
NP / NPK / DAP A health check-up camp organised by IFFCO
Kandla – NPK /
DAP /WSFs / 25.20 102.4 22.74 92.4
Zinc Sulphate
Paradeep –
NP / NPK/ DAP 16.31 85 17.10 89.0
Total 41.52 94.8 39.84 90.9
NP/NPK/DAP/WSF/
Zinc Sulphate
Total Fertilisers 84.79 98.3 86.52 100.3
Production in
terms of
‘N’ 26.25 99.8 27.58 104.9
‘P2O5’ 14.56 84.7 13.93 81.0
*Kalol Unit produced highest ever yearly Urea production during FY2016-17.
43
Lo.kZ t;arh lekjksg ds volj ij vkaoyk bdkbZ esa mifLFkr funs'kd e.My ds lnL;
dkaMyk bdkÃ esa o"kZ 2016&17 rFkk o"kZ 2015&16 ds n©jku ikuh esa Äqyu'khy moZjdä dk Øe'k%
4089 eh0 Vu rFkk 8536 eh0 Vu mRiknu fd;k x;k A
dkaMyk esa o"kZ 2016&17 rFkk 2015&16 ds n©jku Çtd lYQsV eü¨gkbMªsV dk Øe'k% 10916 eh0 Vu
rFkk 9484 eh0 Vu dk mRiknu Òh fd;k x;k A
bdkb;ksa ds fy, ÅtkZ cpr ifj;¨tuk
bl le; ÅtkZ dh [kir lÒh m|¨xä ds fy, fpUrk dk fo"k; cuh gqÃ gS A ÅtkZ dh [kir esa deh
ykus ds ekeys esa moZjd m|¨x esa bQd¨ uÃ rduhdsa viukus esa ges'kk vkxs jgh gSA
bl le; bQd¨ eSllZ dlkys] fLoVtjySaM }kjk dh xÃ QhthfcfyVh LVMh rFkk csfld bathfu;Çjx
ds vk/kkj ij viuh rhuäa mRiknu bdkb;ä uker% dyÿ] Qwyiqj o vkaoyk ds lÒh ikapä
ve¨fu;k&;wfj;k la;a=ä esa ÅtkZ cpr ifj;¨tuk dk dk;kZUo;u dj jgh gSA
uhe o`{kkjksi.k vfHk;ku o"kZ 2016&17 ds n©jku] ÅtkZ cpr ifj;¨tukvä ls lacaf/kr cgqr lkjh ;¨tuk,a iwjh dh tk pqdh gSa
v©j 'ks"k ;¨tuk,a vxys o"kZ ds 'kq: esa gh la;a=ä dh okÆ"kd 'kV&Mkmu vof/k ds n©jku iwjh dj yh
tk,axhA
dyÿ& ÅtkZ cpr ifj;¨tukvä dk igyk pj.k ekpZ&vçSy 2016 esa VuZ,jkmaM ds n©jku
lQyrkiwoZd iwjk fd;k tk pqdk gS v©j blds visf{kr ifj.kke lkeus vk jgs gSaA bu ;¨tukvä ds
nwljs pj.k dk dk;kZUo;u ekpZ&vçSy 2017 esa VuZ,jkmaM ds n©jku fd;k tk,xkA
Qwyiqj& okÆ"kd 'kVMkmu vFkkZr fnlacj 2016 ls tuojh 2017 rd dh vof/k esa Qwyiqj&1 ds
ve¨fu;k v©j ;wfj;k la;a=ä esa lÒh ÅtkZ cpr ;¨tukvä dk dk;kZUo;u fd;k tk pqdk gSA bu
;¨tukvä ds dk;kZUo;u ls la;a= dh dk;Zdq'kyrk dkQh c<+ xÃ gSA
Qwyiqj&2 la;a= dh ve¨fu;k bdkÃ esa] vçSy 2016 ds VuZ,jkmaM ds n©jku ÅtkZ cpr ;¨tuk dk
igyk pj.k lQyrkiwoZd iwjk fd;k tk pqdk gS rFkk blls ÅtkZ dh visf{kr cpr g¨ jgh gSA ÅtkZ
cpr ifj;¨tukvä dh nwljs pj.k dh 'ks"k lHkh ;¨tukvä dk dk;kZUo;u vçSy&eÃ 2017 ds
VuZ,jkmaM ds n©jku fd;k tk,xkA fnlacj 2016&tuojh 2017 ds n©jku ;wfj;k&2 la;a= esa
lsD'ku&41 ds lhv¨2 daçs'kj d¨ lQyrkiwoZd cnyk tk pqdk gSA lsD'ku&31 ds lhv¨2 daçs'kj d¨
vçSy&eÃ 2017 ds VuZ,jkmaM ds n©jku cnyk tk,xkA
vkoayk&1 dh ÅtkZ cpr ifj;¨tukvä dk dk;kUZo;u vçy S &eÃ 2017 rFkk vkoy
a k&2 eas tuw&ty
q kÃ
2017 ds n©jku fd;k tk,xkA ed S fsudy bjDs'ku ds fy, r;Skfj;ka yxÒx ijwh dh tk pd q h gaS A
44
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Golden Jubilee Celebration event at Rajasthan
4089 MT and 8536 MT of Water Soluble Fertilisers were produced at Kandla Unit during
2016-17 and 2015-16, respectively.
Kandla Unit also produced 10916 MT & 9484 MT of Zinc Sulphate Monohydrate during
2016-17 and 2015-16, respectively.
Energy Saving Project for Units

In the present fertilizer scenario, Energy has become a major concern for all Industries.
IFFCO has always been a leader in adopting the new technologies and developments in the
fertilizer industry in order to reduce energy consumption.
Currently, IFFCO is implementing Energy Saving Project (ESP) in all 5 Ammonia-Urea Plants
at its three production Units namely-Kalol, Phulpur and Aonla, based on feasibility Study
and Basic Engineering by M/s Casale, Switzerland.
Shri A.K. Singh, Director (CD & ESP)
During the Year 2016-17, many of the ESP Schemes have been successfully completed
taking stock of MDEA Section in Aonla-I
and balance schemes shall be completed in the early next year during Annual Shut-down
plant as part of Energy Saving Project
periods of the Plants.
KALOL- the first phase of Energy Saving Projects schemes have been successfully
implemented in March-April 2016 turnaround and are giving the expected results.The
Schemes in second phase are under implementation in the turnaround of March-April
2017.
PHULPUR- All Energy Saving Schemes of Phulpur-I in Ammonia and Urea plants were
implemented in Annual Shutdown from December, 2016-January, 2017, which have
increased the plant efficiencies significantly.
In Phulpur-II Ammonia unit, the first phase has been successfully implemented in April 2016
turnaround and giving the expected Energy Savings. All balance Schemes of ESP second
phase will be implemented in the turnaround of April-May 2017. For Urea-II plant, CO2
Compressor replacement of Section-41 has been carried out successfully during
December 2016-January 2017. Section-31 CO2 Compressor replacement shall be carried
out in the turn around of April-May 2017.
The ESP Schemes of Aonla-I will be implemented in Apirl-May 2017 and of Aonla-II during
June- July 2017. The preparations are in advanced stage of mechanical erection.
45
foi.ku
o"kZ 2016 ns'k ds vf/kdka'k Òkxä esa Ñf"k dh –f"V ls vPNk jgkA iwjs ns'k esa dqy feykdj nhÄkZof/kd
v©lr ¼,yih,½ o"kkZ 97 çfr'kr jghA ns'k ds 36 e©le laca/kh milaÒkxä esa ls 27 esa lkekU;@vf/kd
o"kkZ gqÃ tcfd 9 milaÒkxä vFkkZr ns'k ds 15 çfr'kr Òkx esa vyx&vyx e©le esa de o"kkZ gqÃA
[kjhQ 2016 ds n©jku ns'k esa dqy o"kkZ 862-0 ,e,e Fkh] tcfd o"kkZ dk lkekU; Lrj 887-5 ,e,e Fkk
v©j xr o"kZ blh vof/k esa 760-6 ,e,e o"kkZ gqÃ FkhA pkyw o"kZ esa lnhZ ds e©le esa o"kkZ vPNh ugÈ gqÃA
o"kZ 2016&17 ds n©jku [kk|kUu mRiknu 271-98 fefy;u Vu jgus dk vuqeku gS tcfd 2015&16 esa
;g 251-57 fefy;u Vu jgk FkkA
o"kZ 2016&17 ds nkSjku ns'k esa moZjdä dh [kir 260 yk[k Vu i¨"kd rRo¼,u$ih$ds½ jgus dk
vuqeku gS] tcfd o"kZ 2015&16 ds nkSjku 268 yk[k eh0 Vu dh [kir gqÃ Fkh A o"kZ 2016&17 ds
nkSjku ;wfj;k dh [kir 3 çfr'kr dh deh ds lkFk 296 yk[k Vu Fkh tcfd o"kZ 2015&16 ds n©jku
ikuh esa ?kqyu'khy moZjd ds ç;ksx dh fof/k dk bldh okLrfod [kir 306-3 yk[k Vu gqÃ FkhA o"kZ 2016&17 ds nkSjku Mh,ih@,e,ih dh [kir
çnZ'ku yxÒx 3 çfr'kr dh deh ds lkFk yxÒx 88 yk[k eh-Vu gqÃ tcfd o"kZ 2015&16 ds n©jku 91
yk[k Vu dh [kir gqÃ FkhA o"kZ 2016&17 ds nkSjku ,uihds moZjdä dh [kir yxÒx 4 çfr'kr dh
deh ds lkFk 84 yk[k Vu gqÃ] tcfd 2015&16 ds nkSjku okLrfod [kir 88 yk[k Vu gqÃ Fkh A o"kZ
2016&17 ds nkSjku ns'k esa ;wfj;k rFkk Mh,ih@,e,ih@Vh,lih dk Øe'k% yxÒx 55 yk[k eh0 Vu
rFkk 44 yk[k eh0 Vu dk vk;kr fd;k x;k A
fcØh dk;Zfu"iknu
o"kZ 2016&17 rFkk o"kZ 2015&2016 ds nkSjku lfefr }kjk dh xÃ fcØh dk fooj.k uhps fn;k x;k gS %
130.24
moZjdksa dh fcØh
107.76
¼yk[k eh0 Vu½

78.70
63.82
51.54
43.94
2016-17 2015-16
;wfj;k ,uih@,uihds*@Mh,ih] bR;kfn** ;ksx
* blesa ftad fefJr ,uihds 12%32%16 rFkk 100 çfr'kr ikuh esa Äqyu'khy Lons'kh ,uihds 18%18%18]
lYQj csaVükbV rFkk ,lv®ih 'kkfey gSA
** blesa dkaMyk esa mRikfnr 100 çfr'kr ikuh esa Äqyu'khy ;wfj;k QkLQsV ¼17%44%00½ 'kkfey gSA
46
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
MARKETING
The year 2016 has been good from the agriculture point in most parts of the country. The
rainfall over the country as a whole was 97% of its long period average (LPA). Out of total 36
meteorological sub divisions, 27 received normal/excess rainfall while 9 sub-divisions
constituting 15% of the total area of the country received deficient seasonal rainfall. The total
rainfall received in the country during Kharif 2016 was 862.0 mm against the normal level of
887.5 mm and 760.6 mm in the same period last year. Winter rains in the current year were
not good. Food grain production during the year 2016-17 was estimated at 271.98 million
tonne against 251.57 million tonnes in 2015-16.
The fertiliser consumption in the country during 2016-17 was estimated to be around 260
lakh tonne of nutrients (N+P+K) as against 268 lakh tonne achieved during 2015-16. Urea
consumption during 2016-17 was lower by 3 per cent at 296 lakh tonne as against actual of
306.3 lakh tonne during 2015-16. DAP/MAP consumption during 2016-17 was lower by Energy Saving Projects in our plants
about 3 per cent at 88 lakh tonne as against 91 lakh tonne during 2015-16. NPKs aimed at saving energy
consumption during 2016-17 was lower by about 4 per cent at 84 lakh tonne as against the
actual of 88 lakh tonne in 2015-16. The imports of Urea & DAP/MAP/TSP in the country
during the year 2016-17 were about 55 lakh tonne and 44 lakh tonne, respectively.
SALES PERFORMANCE
The Society's sales performance during the years 2016-17 and 2015-16 are given
hereunder:
SALES OF FERTILISER MATERIAL

(Lakh Tonne)
Material 2016-17 2015-16

UREA Own 43.60 45.60
Imported 20.21 33.10
Sub Total 63.82 78.70
NP/NPK* 22.84 22.52
DAP Own** 16.86 16.60
Imported 4.07 12.24
Sub Total 20.93 28.84
TOTAL (NPK/DAP) 43.77 51.36
TOTAL (UREA+NP/NPK+DAP) 107.59 130.06
Zinc Sulphate (Mono/Hepta) 0.09 0.09
Boron (14.6% “B') / Calcium Nitrate 0.02 0.01
Phosphogypsum 0.06 0.08
Grand Total 107.76 130.24
* Includes Zincated NPK 12:32:16 as well as 100% water soluble Indigenous NPK 18:18:18,
Sulphur Bentonite and SOP.
** Includes 100% water soluble Urea Phosphate (17:44:00) produced at Kandla.
47
o"kZ 2016&17 ds nkjSku bQd¨ }kjk 107-76 yk[k Vu mojZdä dh fcØh dh xÃA bl çdkj fcØh eas xr o"kZ
dh xÃ 130-24 yk[k Vu dh fcØh ds ed q kcys 17-3 çfr'kr dh deh gÃqA o"kZ 2016&17 ds nkjSku 63-82
yk[k Vu ;fwj;k dh fcØh gÃq t¨ o"kZ 2015&16 ds nkjSku dh xÃ 78-70 yk[k Vu ;fwj;k dh fcØh ls 18-9
çfr'kr de gAS bl o"kZ ds nkjSku 20-93 yk[k Vu Mh,ih dh fcØh gÃq t¨ o"kZ 2015&16 ds n©jku dh xÃ
28-84 yk[k Vu dh fcØh ls 27-4 çfr'kr de gAS bl o"kZ ,uih@,uihds dh 22-84 yk[k Vu dh fcØh gbqZ
tks o"kZ 2015&16 eas gbqZ 22-52 yk[k Vu dh fcØh ls 1-4 çfr'kr vf/kd gS A
ge d`f"k d¨ fVdkÅ cukus ds ç;¨tu ls fdlkuä d¨ feV~Vh dh tkap ds vk/kkj ij moZjdä ds
larqfyr ç;¨x ds lkFk&lkFk dEi¨LV] tSo rFkk ck;¨ QÆVykbtj dk ç;¨x djus v©j ;wfj;k dk
vf/kd ç;¨x u djus ds ckjs esa lnSo f'kf{kr djrs gSa A
,lksfl,V lnL;ksa dh fu;qfDr
cktkj esa c<+ jgh çfr;¨fxrk d¨ è;ku esa j[krs gq, rFkk mu {ks=ä rd igqapus ds fy, tgka rd
lgdkjh lfefr;ka viuh lsok,a ugÈ ns ikrÈ] lfefr us Þ,l¨fl,V lnL;Þ fu;qDr fd, gSaA bu
,l¨fl,V lnL;ä dh fu;qfDr if'pe caxky ¼3½ vka/kz çns'k ¼9½ rsyaxkuk ¼5½ v®fM'kk ¼1½ rfeyukMq
¼1½ eè; çns'k ¼6½ rFkk NŸkhlx<+ ¼2½ jkT;ä esa dh xÃ gS t¨ bQd¨ moZjdä dh fcØh c<+kus esa Òh
lg;¨x dj jgs gSaA
ikuh esa Äqyu'khy moZjd
lfefr us mPp ewY; okyh Qlyä tSls & Qy] lfCt;ka] Qwy rFkk xUuk vkfn esa ikuh rFkk i¨"kd rRo
nüä dh n{krk d¨ c<+kus ds fy, QfVZxs'ku ds egRo d¨ /;ku esa j[krs gq, ikuh esa 100 çfr'kr
ftyk lgdkj xks"Bh] chdkusj Äqyu'khy moZjdä dk mRiknu rFkk fcØh vkjaÒ dh gS A fdlkuä dh v¨j ls bu moZjdä dh ekax
fiNys dqN le; ls c<+ jgh gS] ftldk eq[; dkj.k Qly mRikndrk esa bldk egRoiw.kZ ;¨xnku
rFkk ikuh dh de [kir gSA lfefr us lgdkjh lfefr;ä dh ekax d¨ iwjk djus ds fy, dkaMyk esa
ftad lYQsV eü¨gkbMªsV ¼33 çfr'kr ftad½ dk mRiknu 'kq: fd;k gSA blds vfrfjDr] bl o"kZ
lfefr us lYQsV vkWQ i¨Vk'k ¼50 çfr'kr ds2v®½ rFkk lYQj csUVükbV ¼90 çfr'kr ,l½ rFkk
c¨jü moZjd ¼14-6 çfr'kr ch½ rFkk dSfY'k;e ukbVªsV dk vk;kr Òh fd;k gSA bu lÒh moZjd
mRiknä dh fcØh ns'k Òj esa e©twnk foi.ku ra= ds ekè;e ls dh tkrh gSA Qlyä dh iSnkokj c<+kus ds
fy, rFkk fofÒUu i¨"kd rRoä dh deh d¨ iwjk djus ds mís'; ls Qlyä d¨ moZjdä dh larqfyr
[kqjkd nsuk vko';d gSA o"kZ 2016&17 rFkk 2015&16 esa ikuh esa 100 çfr'kr Äqyu'khy moZjdä
dh fcØh ds vkadM+s uhps n'kkZ, x;s gSa %&
ikuh esa 100% Äqyu'khy moZjdä dh fcØh ¼eh0Vu½
moZjd lkexzh 2016-17 2015-16
;wfj;k QkWLQsV ¼17%44%00½ 1289 1986
,uihds 18%18%18 2127 2645
,lvïh ¼0%0%50½ 604 758
dSfY'k;e ukbVªsV 1259 845
;ksx 5279 6234
lfefr us egkjk"Vª esa egkRek Qwys Ñf"k fo|kihB] jkgqjh] vgenuxj ds lkFk feydj ^^vf/kd iSnkokj
ds fy, fMªi flapkÃ^^ ij ,d çdk'ku rS;kj fd;k gS ftlesa xUuk] dikl] dsyk] vukj rFkk VekVj
dh Qlyä ds fy, QfVZxs'ku f'kM~;wy ds ckjs esa tkudkjh nh xÃ gS A
o"kZ 2016&17 esa lfefr us ns'k ds lÒh jkT;ä esa ^ûhe ds i©/ks yxkv¨ vfÒ;ku^^ pyk;kA vyx&vyx
jkT;ä esa d`"kd leqnk; d¨ uhe ds i©/ks eq¶r esa fn, x, rkfd os bUgsa [ksrä] fo|ky;ä] lgdkjh
lfefr;ä ds dk;kZy;ä] fjgk;'kh {ks=ä vkfn esa yxk ldsaA ns'k ds fofÒUu Òkxä esa 13 yk[k ls vf/kd
uhe ds i©/ks yxk, tk pqds gSaA lfefr us uhe dh ikWyhIykWbM fdLe fodflr djus ds fy, ou
vuqla/kku laLFkku] nsgjknwu ds lg;¨x ls ,d vuqla/kku ifj;¨tuk Òh 'kq: dh gSA uhe dh ;g fdLe
rsth ls c<+rh gS rFkk blesa vkW;y dk va'k vf/kd g¨rk gSA lfefr us uhe dh vusd mUur fdLeä dk
p;u fd;k gS ftUgsa vkÃ,Q,QMhlh rFkk Qwyiqj] vkaoyk o dyÿ la;a= ifjljä dh ulZjh esa
lQyrkiwoZd mxk;k tk jgk gSA
48
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
During 2016-17, IFFCO achieved the sales of 107.76 lakh tonne of fertiliser material. The
sales were lower by 17.3 per cent compared to the previous year's sale of 130.24 lakh
tonne. Urea sales during 2016-17 were lower by 18.9 per cent at 63.82 lakh tonne as
compared to 78.70 lakh tonne achieved during 2015-16. DAP sales during the year was
lower by 27.4 per cent at 20.93 lakh tonne against 28.84 lakh tonne during 2015-16.
NP/NPK sales during the year were higher by 1.4 per cent at 22.84 lakh tonne as against
22.52 lakh tonne in 2015-16.
We are always educating farmers for balanced use of fertilizers on the basis of soil test,
blend with compost, organic and bio-fertilizers to reduce the use of excessive urea for
sustainable agriculture.
Appointment of Associate Members

In view of the increasing market competition and to reach areas not serviced by
Cooperative Societies, the Society has appointed “Associate Members” in the States of
West Bengal (3), Andhra Pradesh (9), Telangana (5), Odisha (1), Tamil Nadu (1), Madhya
Pradesh (6), Chattisgarh (2) who are also helping in augmenting the sale of IFFCO fertilizers.
Water Soluble Fertilisers

The Society had forayed into production and marketing of 100% water soluble
fertilisers' keeping in view the increased importance of fertigation to increase both Demonstration of IFFCO-MC
water and nutrient use efficiency in high value crops like fruits, vegetables, flowers, products at an exhibition stall
sugarcane etc. The farmers' preference for these fertilisers has been increasing over a during a Golden Jubilee celebrations event
period of time, primarily due to the significant response in terms of crop productivity and
given the growing scarcity of water. The Society is producing Zinc Sulphate
Monohydrate (33% Zn) at Kandla with a view to meet the demand of the cooperatives. In
addition, Society had also imported Sulphate of Potash (50% K2O), Sulphur Bentonite
(90%S), Boron Fertiliser (14.6% B), and Calcium Nitrate in the current year. All these
fertilizer products are marketed throughout the country through existing channel. There
is a need to provide balanced fertilization to crops to address multi-nutrient deficiencies
for higher crop production. The sales figure of 100% Water Soluble Fertilizers for years
2016-17 and 2015-16 are given hereunder:
SALES OF 100% WATER SOLUBLE FERTILISERS (Tonne)

Material 2016-17 2015-16
Urea Phosphate (17:44:00) 1289 1986
NPK 18:18:18 2127 2645
SOP (0:0:50) 604 758
Calcium Nitrate 1259 845
Total 5279 6234
The Society collaborated with Mahatma Phule Krishi Vidapeeth, Rahuri, Ahmendnagar in
Maharashtra and brought out a publication on “Drip Irrigation for Higher Productivity” which
gives fertigation schedule for Sugarcane, Cotton, Banana, Pomegranate and Tomato
crops.
In 2016-17, Society has undertaken 'Neem Plantation Campaign' across all states in India.
Neem saplings were provided free of cost to community of different states for plantation at
fields, schools, cooperative premises, residential area etc. More than 13 lakh Neem saplings
have been planted in different parts of the country. The Society has also launched a research
project for development of polyploid variety of Neem - which grows faster and also has
higher oil content - in collaboration with Forest Research Institute, Dehradun. The Society
has also selected several improved varieties of Neem, which are being grown successfully in
the nurseries of IFFDC and in Phulpur, Aonla and Kalol Plant premises.
49
Qwyiqj bdkbZ ,d euksje n`';
lSds.Mjh rFkk lw{e i¨"kd rRoä o Q¨LQ¨ftIle dh fcØh

tehu esa lYQj ¼lSdsaMjh i¨"kd rRo½ rFkk ftad ¼lw{e i¨"kd rRo½ dh deh d¨ nwj djus ds fy,
lfefr us pkyw o"kZ ds nkSjku fdlkuä d¨ vk;kfrr lYQj csUVükbV ¼90 çfr'kr ,l½] ftad lYQsV
rFkk c¨jü dh vkiwfrZ vkjaÒ dhA lfefr us eSXuhf'k;e dh deh ls tw> jgs jkT;ä ds fdlkuä dh ekax
d¨ iwjk djus ds fy, pkyw o"kZ esa eSXuhf'k;e dh fcØh djus dk Òh fu.kZ; fy;k A ikjknhi bdkÃ ls
fofÒUu jkT;ä d¨ QkWLQ¨ftIle Òh Òstk x;k gS v©j lkekU; r©j ij bldk ç;¨x e`nk&lq/kkjd ds
r©j ij fd;k tk jgk gSA o"kZ ds nkSjku bu moZjdä dh fcØh dk fooj.k uhps fn;k tk jgk gS%
¼Vu½
moZjd lkexzh 2016-17 2015-16
lYQj csaVksukbV 2088.24 1362.41
,QvkjvkbZ] nsgjknwu] esa vk;ksftr ,d dk;ZØe esa ftad lYQsV eksuks (33% Zn) 9271.97 8635.68
çca/k funs'kd] bQdks ve¨fu;e e¨fycMsV ¼52% Mo½ - 9.45
QksLQks ftIle 5733.90 8032.00
c¨jü 457.41 520.90
eSXuhf'k;e lYQsV 84.10 -
;ksx 17635.62 18560.44
lfefr us ,d u, mRikn ^^lkxfjdk^^ dh 'kq:vkr dh gSA ;g mRikn jsM czkmu vYxh ds leqnzh i©/ks
dk jl gS v©j ;g vkWxZsfud ck;¨&LVheqySaV dk dk;Z djrk gSA bl mRikn d¨ cktkj esa rjy o
nkusnkj nüä :iä esa cspk tkrk gSA bl mRikn dk ç;¨x djus okys fdlkuä d¨ dkQh Qk;nk gqvk
gSA blls mudk Qly mRiknu c<+k gS o vk; esa o`f) gqÃ gSA ,slk ekuk tkrk gS fd bl mRikn ds
ç;¨x ls d`f"k mRikndrk 15&20 çfr'kr c<+ tkrh gSA pkyw o"kZ ds n©jku lkxfjdk dh fcØh dk
fooj.k uhps fn;k x;k gS%
1½ lkxfjdk fyfDoM % 54672 yhVj
2½ lkxfjdk nkusnkj % 526050 fdxzk
50
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Evening view of Phulpur Plant
Sale of Secondary and Micronutrients and Phosphogypsum

In order to remove deficiency of Sulphur (secondary nutrient) and Zinc (micronutrient) in the
soils, the Society supplied imported Sulphur Bentonite (90% S), Zinc Sulphate and Boron to
the farmers in the current year. The Society has also planned to introduce Magnesium
Sulphate in the current year to meet the demand of farmers of State affected by magnesium
deficieny. Phosphogypsum has also been dispatched from Paradeep Unit to various States
and is normally being used for soil amendments. The sale of these fertilisers during the
current year was as under:
(Tonne)
Fertiliser Material 2016-17 2015-16
Sulphur Bentonite 2088.24 1362.41
Zinc Sulphate Mono (33% Zn) 9271.97 8635.68
Ammonium Molybdate (52% 'Mo') - 9.45 Plant visit of Managing Director
Phosphogypsum 5733.90 8032.00

Boron 457.41 520.90
Magnesium Sulphate 84.10 -
Total 17635.62 18560.44
The Society has also introduced a new product called “Sagarika” which is seaweed extract
of red brown algae and acts as an organic bio-stimulant. This product is marketed in both
liquid as well as in granular form. The farmers using this product have gained significantly by
realizing higher crop yields and consequently increased income. The product is known to
increase the agricultural productivity by 15-20%. The sales of Sagarika during the current
financial year were as follows:
I) Sagarika Liquid : 54672 litres
ii) Sagarika Granules : 526050 Kg
51
dkaMyk bdkbZ esa Lo.kZ t;arh lekjksg ds volj ij mifLFkr funs'kd e.My ds lnL;
tSo&moZjdä dh fcØh
bl o"kZ ds n©jku lfefr }kjk dh xÃ tSo&moZjdä dh fcØh dk fooj.k uhps fn;k tk jgk gS%
tSo moZjd 2016-17 2015-16

tSo moZjd 7.76 2.44
forj.k usVodZ
bQd¨ vius lEiw.kZ mRiknä o vk;kfrr moZjdä dk forj.k ns'k ds lÒh 30 jkT;ä@laÄ 'kkflr
çns'kä esa lgdkjh usVodZ ds ek/;e ls dj jgh gSA
bQd¨ vius moZjdä dh fcØh fofÒUu jkT;ä esa 35]000 ls vf/kd lgdkjh lfefr;ä ds usVodZ ds
ek/;e ls djrh gSA yxÒx 66 çfr'kr lkexzhs lfefr;ä d¨ lh/ks csph xÃ] tcfd 28 çfr'kr lkexzh
vkaoyk bdkbZ esa tSo moZjd la;a= dk voyksdu djrs
gq,] çca/k funs'kd] bQdks QSMjs'kuä ds ek/;e ls forfjr dh xÃA yxÒx 4 çfr'kr moZjd bQd¨ ds 156 fdlku lsok dsUæä
ds ek/;e ls csps x;s rFkk ,xz¨t ds ek/;e ls yxÒx 2 çfr'kr moZjdksa dh fcØh dh xÃA bQd¨ dh
lnL; lfefr;ka iwjs ns'k esa QSyh gqÃ gSa t¨ ns'k ds vf/kdrj xkaoä rd igqap cuk, gq, gSa rFkk bl
çdkj ;s lgdkjh usVodZ dh jh<+ gaSA
mRikn çs"k.k
ns'k esa moZjdä ds fdQk;rh o le; ij rFkk i;kZIr ek=k esa ifjogu d¨ lqfuf'pr djus ds ç;¨tu
bQd¨ vius moZjdä dh fcØh ls Òkjrh; jsyos ds lkFk çÒkoh <ax ls rkyesy fd;k x;kA pkyw o"kZ ds nkSjku lfefr us la;a=ä ,oa
fofÒUu jkT;ä esa 35]000 lgdkjh cUnjxkgä ls dqy 108-86 yk[k Vu moZjd lkexzh dk çs"k.k fd;kA blesa 9-89 yk[k Vu
lfefr;ä ds usVodZ ds ek/;e ls v®ebQd¨ ;wfj;k] Òkjr ljdkj }kjk vk;kfrr 9-97 yk[k Vu ;wfj;k rFkk 4-06 yk[k Vu vk;kfrr
djrh gSA Mh,ih 'kkfey gSA
fdlkuä d¨ muds Äjä ds lehi moZjd miyC/k djkus ds ç;¨tu ls lfefr us o"kZ 2016&17 ds
nkSjku ns'k esa 4240 txgä ij dsUæh; ÒaMkj.k fuxe@jkT; ÒaMkj.k fuxe v©j lgdkjh lfefr;ä ds
x¨nkeä esa LFkku fdjk, ij fy;k] ftldh dqy ÒaMkj.k {kerk yxÒx 8-2 yk[k eh0Vu FkhA blesa ls
yxÒx 70 çfr'kr ÒaMkj.k LFkku dk vkj{k.k lgdkjh lfefr;ä ;Fkk jkT; lgdkjh foi.ku egklaÄä]
rkyqdk@ xzke Lrjh; lgdkjh lfefr;ä esa fd;k x;kA gSaMfyax o ifjogu dk dk;Z mu LFkkuä ij
lgdkjh lfefr;ä@egklaÄä d¨ Òh fn;k tkrk gS] tgka os çfr;¨xh njä ij ;g dk;Z djus ds fy,
jkth g¨rs gSaA
52
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
IFFCO Board members during their visit of Kandla Plant
Sale of Bio fertilizers

The society made following sale of bio-fertiliser during the current year:
(lakh liters)
Fertiliser Material 2016-17 2015-16
Bio-Fertiliser 7.76 2.44
Distribution Network
IFFCO has been channelizing its production as well as imports through the cooperative
network. IFFCO distributes its fertilisers in 30 States/UTs in the country through the
cooperative system.
IFFCO sells its fertilisers through a network of more than 35,000 cooperative societies in Dr. U. S. Awasthi, Managing Director, IFFCO
different States. Nearly 66 per cent of the material was sold directly to the societies whereas holding a bottle of Bio-fertiliser produced at
28 per cent was routed through Federations. About 4 per cent was sold through 156 the newly built plant in Aonla
Farmers Service Centres run by IFFCO and about 2 per cent through Agros. The Member
Societies are well spread out, reaching out to most of the villages in the country and thus
constitute the backbone of the Cooperative System.
Product Movement
A very effective coordination was maintained with the Indian Railways to ensure economic T he Society dispatched
transportation, along with timely and adequate distribution of fertilizers throughout the
country. The Society dispatched 108.86 lakh tonne of total fertiliser material from the plants 108.86 lakh tonne of total
and ports during the current year. This included 9.89 lakh tonne of Urea from OMIFCO, fertiliser material from its
9.97 lakh tonne imported Urea on GOI Account, and 4.06 lakh tonne imported DAP.
In order to make fertilisers available at the doorstep of the farmers during 2016-17, the
plants and ports during the
society hired warehouse space all over the country at 4240 locations of CWC/ SWC & current year.
Cooperatives with a total storage capacity of about 8.2 lakh tonne. Out of this,
approximately 70 per cent of space was reserved with Cooperatives i.e. State Cooperative
Marketing Federations, Taluka/Village Level Cooperative societies. The Handling and
Transportation work is allocated to the Cooperatives / Federations wherever they agree to
do this job at competitive rates.
53
fdlku lsok dsUnz
lfefr ds 9 jkT;ä uker% iatkc] gfj;k.kk] jktLFkku] fgekpy çns'k] mRrj çns'k] mRrjk[kaM] fcgkj]
e/; çns'k rFkk if'pe caxky esa 156 fdlku lsok dsUæ¼,Q,llh½ gSaA ;s lsok dsUæ ,d gh Nr ds
uhps moZjdä] chtä] Ñf"k&jlk;uä vkfn dh vkiwfrZ djus ds lkFk&lkFk fdlkuä rd rduhdh
tkudkjh igqapkus ds fy, lEidZ lw= dk dke djrs gSaA o"kZ 2016&17 ds nkSjku bu fdlku lsok
dsUæä us 4-1yk[k Vu moZjdä dh fcØh dh] tcfd o"kZ 2015&16 esa bu dsUnzä }kjk 5-7 yk[k Vu
moZjdä dh fcØh dh xÃ FkhA fdlku lsok dsUæä us o"kZ 2016&17 esa i¨"kd rRoä dh fcØh ds
lkFk&lkFk ` 26-17 dj¨M+ ds cht] tSo moZjd rFkk Ñf"k jlk;uä dh fcØh dh] tcfd o"kZ 2015&16
ds nkSjku ` 19-89 dj¨M+ dh fcØh dh xÃ FkhA dqN fdlku lsok dsUæä us vius vklikl ds xkaoä esa
vko';drk vk/kkfjr lao)ZukRed dk;ZØe ;Fkk fdlku lÒk,a] feêh dh tkap laca/kh vfÒ;ku rFkk
çn'kZu vkfn vk;¨ftr fd, rkfd moZjdä ds larqfyr ,oa n{krkiw.kZ mi;¨x ds lans'k d¨ fdlkuä
rd igqapk;k tk ldsA bu fdlku lsok dsUæä ds ek/;e ls rFkk bQd¨ }kjk vk;¨ftr fd, x, QhYM
dk;ZØeä esa fdlkuä d¨ LFkkuh; Òk"kkv®a esa fofÒUu Qlyä ds fy, laLrqr Ñf"k ç.kkfy;ä] moZjdä ds
larqfyr bLrseky rFkk e`nk ijh{k.k vkfn dh tkudkjh ls lacaf/kr lkfgR; Òh forfjr fd;k x;kA
v®eku ls çkIr nkusnkj ;wfj;k rFkk iwy ;wfj;k
o"kZ 2016&17 ds nkSjku bQd¨ us dkaMyk] dkaMyk bQd¨ tSVh] d`".kkiV~Vue] dkdhukMk] U;w eaxykSj]
eqanzk] ihikoko rFkk xïkyiqj canjxkgä ij 10-21 yk[k Vu v®ebQd¨ ;wfj;k ds 23 tgktä dh
gSaMfyax dhA v®ebQd¨ ;wfj;k dk çs"k.k Ãlh, vkaoVu ds vuqlkj fofÒUu jkT;ä d¨ fd;k x;kA
lfefr us ihikoko rFkk eqanzk canjxkgä ij vk;kfrr iwy ;wfj;k ds 18 oSlyä ds ekè;e ls çkIr 9-57
yk[k Vu ek=k dh gSaMÇyx Òh dhA
lwpuk rFkk lEçs"k.k çkS|¨fxdh
vkt lwpuk ç©|¨fxdh O;olk; dh lQyrk esa egRoiw.kZ Òwfedk fuÒk jgh gS D;äfd O;olk; laca/kh
lwpuk,a tYnh çkIr g¨ tkus ls fu.kZ; ysus esa lgk;rk feyrh gSA blds egRo d¨ le>rs gq, usVodZ
lpy e`nk ijh{k.k oSu dh enn ls feV~Vh dh tkap bUÝkLVªDpj d¨ vixzsM fd;k x;k gS ftlesa usVodZ dh csgrj lqj{kk ij t¨j fn;k x;k gS v©j bldh
dk;ZØe csgrj cSaM foM~Fk ds fy, bldh LihM c<+kÃ xÃ gSA blls usVodZ ij pyus okyh lÒh ,fIyds'kuä ds
fjLikWUl Vkbe esa lq/kkj g¨xk v©j mudk dk;kZUo;u vf/kd lqjf{kr g¨xkA
gekjs uÃ fnYyh esa fLFkr MsVk&lsaVj esa vR;k/kqfud vkÃch,e ikWoj 8 loZj yxk;s x;s gSa v©j csgrj
vkmViqV v©j ijQkes±l ds fy, ekbØ¨ lsdsaM ysVsalh lfgr ¶ys'k LV¨jst dh O;oLFkk gSA MsVk&lsaVj
dh c<+rh gqÃ ekax rFkk QkLVj fjLikWUl ds fy, vf/kd daI;wVj yxk;s x;s gSa rFkk bldh {kerk c<+kÃ
xÃ gSA bl baÝkLVªDpj dk ç;¨x lÒh ,fIyds'kuä tSls Ãvkjih] ,pvkj,e,l] Ã&fodkl] odZ¶y¨
,fIyds'ku rFkk i¨VZ eSustesaV flLVe v©j dkji¨jsV dk;kZy;] la;a=ä rFkk foi.ku ls lacaf/kr vU;
O;kolkf;d –f"V ls egRoiw.kZ ,fIyds'kuä d¨ g¨LV djus ds fy, fd;k tk jgk gSA gSnjkckn esa FkMZ
gekjs uÃ fnYyh esa fLFkr MsVk lsaVj ikVhZ Vh;j 4 MsVk&lsaVj esa vf/kd dEI;wVj yxkdj v©j LV¨jst {kerk c<+kdj fMtkLVj fjdojh
esa vR;k/kqfud vkÃch,e ikWoj 8 lSVvi d¨ 100 çfr'kr çÒkoh cuk;k x;k gSA
loZj yxk;s x;s gSa v©j csgrj v¨jsdy MsVkcsl loZj d¨ v¨jsdy 12lh ls vixzsM fd;k x;k gSA gekjh lÒh fctusl ,Iyhds'ku d¨
vkmViqV v©j ijQkes±l ds fy, vc v¨jsdy oscy¨ftd lwV 12lh ij pyk;k tk jgk gSA odZ¶y¨ ,Iyhds'kuä d¨ Hkh oscy¨ftd loZj
ekbØ¨ lsdsaM ysVsalh lfgr ¶ys'k 12lh ij pyk;k tk jgk gSA ykblsal rFkk gkMZos;j dh ykxr esa deh ykus ds fy, uÃ fnYyh esa
y¨Vl M¨feu¨ Ãesy loZj d¨ dalÿhMsV fd;k x;k gSA
LV¨jst dh O;oLFkk gSA
v¨jsdy Ã&fctusl lwV ¼Ãvkjih½ d¨ 12-2-5 otZu esa lQyrkiwoZd vixzsM fd;k tk pqdk gSA
deZpkfj;ä rFkk Ãvkjih nLrkostä ls lacaf/kr vuqe¨nuä ds fy, bQd¨ us ,d e¨ckby ,i ^^bQd¨
,i^^ fodflr fd;k gS rFkk vR;k/kqfud ^^v¨jsdy ,e,,Q^^ rduhd dk ç;¨x djrs gq, bls v¨jsdy
DykmM ij ykap fd;k gSA e©twnk odZ¶y¨ ,fIyds'kuä esa deZpkfj;ä ls lacaf/kr vU; cgqr lkjs
odZ¶y¨ ,fIyds'ku d¨ t¨M+k x;k gS rkfd bu dk;¨± esa dkxt dk ç;¨x u fd;k tk, A
ns'k ds lÒh fdlkuä o lgdkjh lfefr;ä d¨ ,d fMftVy IysVQkeZ ij ykus ds mÌs'; ls ,d u;k
i¨VyZ ^^bfaM;u d¨vkijfsVo fMftVy IyVsQke^Z^ ¼URL:www.iffcobazar.in½ ykUWp fd;k x;k gAS bl i¨VyZ
dk mÌ's; lfefr ls lfefr v©j miÒ¨Drk o lfefr@bQd¨ o xiqz diafu;ä ds chp liadZ rFkk O;olk;
djus ds fy, fMftVy IyVsQkeZ miyC/k djkuk gAS ;g i¨Vy Z 11 Òkjrh; Òk"kkvä eas miyC/k gAS blds
54
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Farmers Service Centres

The Society operates its own 156 Farmers Service Centres (FSCs) spread over 9 States,
namely, Punjab, Haryana, Rajasthan, Himachal Pradesh, Uttar Pradesh, Uttrakhand,
Bihar, Madhya Pradesh and West Bengal. These Centres, apart from supply of fertilizers,
seeds, agro-chemicals etc. under one roof, also serve as the contact point for providing
technical know-how to the farmers. During the year 2016-17, these FSCs sold 4.1 lakh
tonne of fertilizers as against 5.7 lakh tonne in 2015-16. Besides plant nutrients, these
FSCs sold seeds, bio-fertilisers and agrochemicals worth ` 26.17 crore during 2016-17 as
compared to ` 19.89 crore during 2015-16. Some of the FSCs also organised need based
promotional programmes such as farmers meeting, soil test campaigns and
demonstrations etc. in the villages around FSCs with a view to disseminate the message of
balanced and efficient use of fertilisers. Literature in local language on the package of
recommended practices for various crops, balanced use of fertlisers, soil testing etc. was
also distributed to farmers through these FSCs as well as during the field programmes
conducted by IFFCO.
Granular Urea from OMAN and Pool Urea

During the year 2016-17, IFFCO handled 23 Vessels carrying 10.21 lakh tonne of OMIFCO
urea at Kandla, Kandla IFFCO Jetty, Krishnapatnam, Kakinada, New Mangalore, Mundra,
Pipavav and Gopalpur Ports. Despatches of OMIFCO urea were made to different States
against ECA allocation. The Society also handled 18 imported Pool Urea vessels carrying
9.57 lakh tonne of Urea at Pipavav and Mundra ports.
INFORMATION AND COMMUNICATION TECHNOLOGY

Information Technology has significant role in success of the businesses today as fast
access to Information provides edge to decision making. Considering its importance, Women farmers at a demonstration plot
Network Infrastructure with emphasis on better Network Security was upgraded with
enhanced speeds for better bandwidths. This will ensure improved response times and
more secure implementation of all applications running on the network.
We are having the latest IBM Power 8 servers and Flash storage with micro second latency
for better throughput and performance at our data center at New Delhi. More compute and
capacity has been added to meet the growing demand and faster responses. This
infrastructure is being used to host all our enterprise wide applications like ERP, HRMS,
E-Vikas, Workflow Applications, Port Management System and all other business critical
applications related to Corporate office, Plants and Marketing. Disaster Recovery Setup in During the year 2016-17,
3rd Party Tier IV data-center at Hyderabad has also been enhanced to make it 100%
redundant by adding more compute and storage capacity.
IFFCO handled 23 Vessels
Oracle Database Servers have been upgraded to Oracle12c. All our business applications carrying 10.21 lakh tonne of
have been migrated to Oracle Weblogic Suite 12c. Workflow applications have also been OMIFCO urea.
migrated to Weblogic Server 12c. Lotus Domino Email Servers have been consolidated at
New Delhi to minimize the license and hardware cost.
Up-gradation of Oracle e-Business Suite [ERP] to ver 12.2.5 has been completed
successfully. IFFCO Mobile APP “IFFCO APP” for employees related approvals and ERP
documents approvals has been developed and launched on Oracle Cloud using State of
the Art “Oracle MAF” technology. Many more employee related workflow applications have
been added in the existing workflow applications to make working paperless.
Aiming to connect all the farmers and cooperatives in the country on a digital platform, a
new portal “Indian Cooperative Digital Platform” (URL: www.iffcobazar.in) has been
launched. The objective of the portal is to provide a digital platform for communication and
e-commerce between society to society and consumer and society/IFFCO and group
companies. This portal has 11 Indian languages. In addition, your Society has started a
helpline to enable farmers to get connected and get replies to all those queries related to
55
vfrfjDr] vkidh lfefr us ,d gYSiykbu 'k: q dh gS rkfd fdlku gels tM q + ldas rFkk mRiknu] losk]
df`"k vknkuä o bQd¨ ds ,l¨fl,V lnL;ä ds lkFk O;kikj ls lcafa/kr lÒh ç'uä ds mŸkj çkIr dj ldas A
;g gYsiykbu u0a 1800 103 1967 gS rFkk ;g 10 Òkjrh; Òk"kkvä eas miyCÄ gS A
o"kZ 2015&16 ds fy;s ns; ykÒka'k dk Òqxrku vkÃVh lqfo/kkvä dk ç;¨x djrs gq, bySDVª¨fudyh
fd;k x;k FkkA d¨Ã fMfoMsaV okjaV fQthdyh ugÈ Òstk x;kA ;g i¨VZy lfefr dh bl l¨p ds
vk/kkj ij fodflr fd;k x;k gS fd lÒh lnL; lfefr;ä d¨ ykÒka'k dk Òqxrku çfr o"kZ
bySDVª¨fudyh v©j ikjn'khZ rjhds ls 'khÄz fd;k tk,A
lfefr us viuh la;qDr m|e daifu;ä tSls vëbQd¨] ftQd¨] bQd¨ fdlku] vkÃds,lÃtSM]
bQd¨ V¨D;¨] bQd¨ ,elh] bQd¨ Ã cktkj] vkÃ,Q,QMhlh] d¨jMsV rFkk vkÃlhih,y d¨ Òh
vkÃVh li¨VZ çnku djuk tkjh j[kk।
ekuo lalk/ku
vkt ds vLr&O;Lr O;kolkf;d ekg©y esa tgka rduhd] çfrLi/kkZ o cktkj rsth ls v©j vçR;kf'kr
:i ls cny jgs gSa] deZpkfj;ä dh vkarfjd {kerkvä dk fodkl djus ls laxBukRed çfrLi/kkZ dk
eqdkcyk djus rFkk deZpkfj;ä dh n{krk c<+kus esa cgqr enn feyrh gS v©j blls laLFkk dk O;kikj
fujarj vkxs c<+rk gSA vky¨P; o"kZ ds n©jku] geus yÉux eSustesaV flLVe d¨ deZpkfj;ä dh
vko';drk ds vuq:i cuk;kA bl flLVe d¨ lfefr ds fotu ,oa fe'ku ds vuq:i foÒkxh; v©j
deZpkfj;ä ds O;fDrxr fodkl ;¨tuk ds vk/kkj ij cuk;k x;k gSA bl yÉux eSustesaV flLVe dk
dsanz Çcnq yhMjf'ki] Vhe fcÇYMx] jpukRedrk rFkk O;fDrxr fodkl dk;ZØe jgk gS rkfd laLFkk ds
dk;Zdykiä ds çfr deZpkfj;ä dh Òkxhnkjh] LokfeRo rFkk çfrc)rk esa lq/kkj yk;k tk ldsA
rduhdh o xSj&rduhdh fo"k;ä ij fofÒUu vkarfjd rFkk ckgjh 'kS{kf.kd dk;ZØeä ls deZpkfj;ä ds
dk;Zfu"iknu ij dkQh ldkjkRed çÒko iM+k gS ftlds ifj.kkeLo:i lfefr ds dk;Zfu"iknu ij
Òh vPNk çÒko ns[kus d¨ feykA pwafd vkt ds le; esa rduhd deZpkfj;ä ds f'k{k.k o fodkl dk
eq[; ekè;e cu pqdh gS] vr% lfefr daI;wVj] VScysV~l v©j e¨ckby Qü ds tfj, fMftVy yÉux
var% bdkbZ buksos'ku ,.M fØ,fVfoVh ehV esa loZJs"B bdkbZ dh vklku o fdQk;rh fof/k d¨ c<+kok nsus ij fopkj dj jgh gSA lfefr }kjk vk;¨ftr fofÒUu
dk iqjLdkj dkaMyk bdkbZ dks çnku djrs gq, foi.ku dk;ZØeä esa deZpkfj;ä ds vykok lgdkjh lfefr ds lnL;ä d¨ çf'kf{kr djus ij Òh è;ku fn;k
funs'kd] Jh vjfcan jkW; ,oa funs'kd ¼vkbZVh lsok,a½ x;k gSA vUr% bdkÃ fDot çfr;¨fxrkvä] xk;u o u`R; çfr;¨fxrk rFkk dk;Z{ks= ls ckgj dh
Jh ,e vkj iVsy xfrfof/k;ä esa Òkxhnkjh djus ls deZpkfj;ä ds chp etcwr laca/k cu x;s gSaA
bl o"kZ ds n©jku] bQd¨ d¨ deZpkfj;ä ds dY;k.k ds fy, pykÃ xÃ ;¨tukvä] dk;ZlaLd`fr o
lgÒkfxrk] ftldh otg ls deZpkjh [kq'k ,oa çsfjr jgrs gSa o u©djh N¨M+us dh ugÈ l¨prs] ds ekeys
esa nwjn'khZ rFkk çxfr'khy l¨p j[kus okyh laLFkk güs ds fy, VkbEl vkWQ bafM;k esa çdkf'kr dkWQh
Vscy cqd ^;wV¨fi;u odZIysl^ esa LFkku feyk gSA
lq>ko ;¨tuk
bQd¨ deZpkfj;ä ls 4287 lq>ko o"kZ ds nkSjku bQd¨ deZpkfj;ä ls 4287 lq>ko çkIr gq, ftuesa ls dqN lq>koä ds dk;kZUo;u ds
çkIr gq, ftuesa ls dqN lq>koä i'pkr laLFkk d¨ yxÒx ` 20-30 dj¨M+ dh cpr gqÃ gSA o"kZ ds nkSjku lÒh bdkb;ä esa rhu fnolh;
okf"kZd buös'ku ,.M fØ,fVfoVh ehV lg&çsj.kk dk;ZØe vk;¨ftr fd, x,A tqykÃ 2016 esa NBoÈ
ds dk;kZUo;u ds i'pkr laLFkk var% bdkÃ buös'ku ,aM fØ,fVfoVh ehV dk vk;¨tu ,Q,eMhvkÃ] xqM+xkao esa fd;k x;k ftlesa
d¨ yxÒx ` 20-30 dj¨M+ dh cpr dkaMyk bdkÃ d¨ lq>ko ;¨tuk ds dk;kZUo;u esa mRÑ"Vrk ds fy, yxkrkj p©Fks o"kZ loZJs"B bdkÃ
gqÃ gSA dk iqjLdkj çnku fd;k x;k v©j vkaoyk bdkÃ d¨ ÞlokZf/kd lgÒkfxrk iqjLdkjÞ çnku fd;k x;k
tgka ls o"kZ ds n©jku lcls vf/kd lq>ko çkIr gq, FksA jkT; dk;kZy;] egkjk"Vª d¨ foi.ku esa
lokZf/kd lgÒkfxrk iqjLdkj çkIr gqvkA o"kZ ds n©jku dkaMyk bdkÃ ds ,d deZpkjh d¨ VsDuhdy
buös'ku ds dk;kZUo;u ds fy, xqtjkr ljdkj ls *Je Òw"k.k^ iqjLdkj çkIr gqvk gSA lq>ko ;¨tuk
d¨ vxys Lrj ij ys tkus ds fy, deZpkjh lgÒkfxrk rFkk çpkyu n{krk o mRikndrk d¨ c<+kus ds
ç;¨tu ls jpukRed lq>ko çkIr djus ds mÌs'; ls ,d e¨ckby ,i fodflr fd;k x;k gSA
efgyk l'kfDrdj.k
viuh LFkkiuk ls gh bQd¨ us j¨txkj esa efgykvä v©j iq#"kä ds chp cjkcjh dk ekg©y iSnk djus dh
d¨f'k'k dh gSA bQd¨ ds mPp çca/ku us j¨txkj ds lÒh {ks=ä vFkkZr bathfu;fjax] Qkbusal] ekuo
lalk/ku] vkÃVh lsokvä] lgdkjh laca/kä vkfn esa efgykv®a d¨ leku volj çnku fd, gSaA bl le;
56
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
production, service, agri-inputs and business with IFFCO's associate companies. The
helpline number is 1800 103 1967 and is available in 10 Indian languages.
The Dividend for the year 2015-16 was paid electronically using the IT facilities. No physical
dividend warrant was issued. This is in line with the philosophy of Society to pay dividend
every year to all the member societies electronically to ensure fast and transparent
payment.
The Society continued to provide IT support to its joint ventures like OMIFCO, JIFCO,
IFFCO-KISAN, IKSEZ, IFFCO-TOKIO, IFFCO MC, IFFCO-eBazar, IFFDC, CORDET and ICPL.
HUMAN RESOURCE
In today's disruptive business environment where technology, competition and market is
changing rapidly and unpredictably, building internal capabilities of employees play
significant role in improving organizational competitiveness and effectiveness for sustaining
and moving forward in business. During the year, our employees have experienced
customization in the learning management system which was based on the alignment of
departmental and individual development plans with Society's vision and mission. The
focus has been on leadership, team building, creativity and personal development
programs in order to improve employee engagement, ownership and commitment. Various
inhouse and external learning interventions on technical and non-technical subjects have
resulted in profound and lasting impact on the performance of employees and
consequently on Society's performance. Today the technology being the key enabler for
learning and development of employees, the Society is exploring the use of digitized
learning through computer, tablets and mobile phones at convenience and reduced cost.
Apart from the employees, the members of cooperative societies have also been covered in
various programmes organized by the Society. Inter-unit IFFCO quiz contests, singing and
dance competition and outbound learning activities have created bonding among
employees. HR Team with a copy of Times of India
During the year IFFCO has found place in the Coffee Table Book 'Utopian Workplace' “Utopian Work Places” coffee table book in
which IFFCO got a special mention
published by Times of India for being one of the forward-thinking and progressive
organisation in terms of employee oriented practices, culture and engagement, which
makes the employees happy and motivated to stay back and reinvent themselves.
SUGGESTION SCHEME
During the year, 4287 Suggestions were received from the employees and implemented
suggestions have resulted into substantial savings to the tune of R 20.30 crore. The three
IFFCO has found place in the
days Annual Innovation and Creativity Meet cum PRERANA programmes were organised in Coffee Table Book 'Utopian
all the Units. Sixth Inter Unit Innovation and Creativity Meet was organised in July, 2016 at
FMDI, Gurgaon where Kandla Unit bagged the award for Excellence in Suggestion Scheme
Workplace' published by
for 4th year in succession. The 'Maximum Participation Award' was given to Aonla Unit Times of India for being one
where maximum number of suggestions were received. The State Office Maharashtra
bagged the award for maximum participation in marketing. One employee of Kandla Unit of the forward-thinking and
had won SHRAM BHUSHAN Award from Government of Gujarat for implementation of a progressive organisation
Technical Innovation. In order to take the Suggestion Scheme to the next level, a Mobile
App has been developed with a view to further enhance the employee engagement and to
tap creative ideas for improving the operational efficiency & productivity.
WOMEN EMPLOYMENT
Since inception, IFFCO has tried to create an atmosphere of equality amongst men and
women in employment. The top management of IFFCO has nurtured a culture of equality for
women employment amongst all disciplines like Engineering, Finance, Human Resource, IT
services, Cooperative Relations etc. At present we have 140 women employees out of
5274 permanent employees in IFFCO. During regular hiring of manpower, due weightage is
being given to female candidates.
57
Lo.kZ t;arh lekjksg ds volj ij vkaoyk bdkbZ esa dykd`fr;ksa dh LFkkiuk
dqy 5274 deZpkfj;ä esa ls efgyk deZpkfj;ä dh la[;k 140 gSA deZpkfj;ä dh fu;qfDr ds n©jku
efgyk vH;ÆFk;ä d¨ Òh cjkcj dk ntkZ fn;k tkrk gSA
det¨j ox¨± dk l'kfDrdj.k
bQd¨ LoSfPNd vk/kkj ij lekt ds fiNM+s ox¨± ds l'kfDrdj.k rFkk fodkl ij ges'kk t¨j nsrh jgh
gSA bQd¨ u r¨ lkoZtfud {ks= dk miØe gS v©j u gh Òkjr ljdkj dh laLFkk gS fQj Òh blus
lekt ds fiNM+s ox¨± ds mRFkku ds fy, vuqlwfpr tkfr;ä ¼v-tk½] vuqlwfpr tutkfr;ä ¼v-t-tk½]
v©j vU; fiNM+s ox¨± ¼v®chlh½ d¨ j¨txkj esa çkFkfedrk nsuk tkjh j[kk gSA vkt dh rkjh[k rd
lfefr esa vuqlwfpr tkfr ds 492] vuqlwfpr tutkfr ds 53 v©j vU; fiNM+s ox¨± ds 702 deZpkjh
dk;Zjr gSaA tgka rd laÒo g¨rk gS] ÒrÊ o foÒkxh; inÜufr esa v-t-@v-t-tk- ds çfrfuf/k;ä d¨
j[kk tkrk gSA vuqlwfpr tkfr@vuqlwfpr tutkfr ds y¨xä ds fy, fofÒUu xfrfof/k;ka pykÃ
tkrh gSa ftlesa mUgsa 'kS{kf.kd laLFkkvä ds tfj, foŸkh; lgk;rk nh tkrh gS] fdrkcsa rFkk u¨Vcqd
forfjr fd, tkrs gSa o le;≤ ij LokLF; dh tkap ds fy, dSai vkfn yxk, tkrs gSaA
,Q,vkbZ iqjLdkj lekjksg esa loZJs"B fofM;ks fQYe dk
iqjLdkj çkIr djrs gq, bQdks tu lEidZ Vhe tulaidZ rFkk çpkj
vkt lapkj çfØ;k igys ls dkQh rhoz g¨ xÃ gS v©j ;g laLFkk dk ,d egRoiw.kZ vax cu pqdh gSA
ge l¨'ky ehfM;k Økafr ds vkÒkjh gS ftldh otg ls d¨Ã Òh ÄVukØe dqN lsdsaM rFkk dqN
fDyDl ds lkFk gh lekpkj dk :i ys ysrk gSA vr% fdlh Òh lapkj çfØ;k ds fy, ,d O;kid
ehfM;k feDl ;¨tuk] ftlesa ijEijkxr ehfM;k rFkk U;w ehfM;k nüä dk lekos'k g¨] dk gük
çca/k funs'kd dk V~ohVj gSaMy vko';d gSA
@drusawasthi cgqr y¨dfç; gSA ijEijkxr ehfM;k ftlds ekè;e ls bQd¨ d¨ O;kid dojst feyrh gS] ds lkFk&lkFk vxyh ih<+h
çR;sd lëokj d¨ ^êaMs e¨fVos'ku^^ ds ds fMthVyh vos;j mUur'khy fdlkuä rd igqapus ds fy, rFkk l¨'ky ehfM;k ij laLFkk dh
mifLFkfr dk vglkl djkus ds fy, dkQh ifjJe fd;k x;k gSA bQd¨ dk viuk fV~oVj] Qslcqd]
uke ls muds çsj.kknk;h V~ohV~l ds cgqr ;w V~Ówc ,dkmaV güs ds lkFk&lkFk daiuh dk CykWx (www.iffcolive.com) Òh gS t¨ ,d yhÇMx
lkjs Qÿ¨vlZ gSaA buQ¨jes'ku i¨VZy ds :i esa lkeus vk;k gSA cM+h la[;k esas Òkjrh; fdlku blds Qÿ¨vj gSa rFkk
;g gekjs miÒ¨Drkvä ds lkFk lh/ks laokn LFkkfir djus dk ekè;e cu pqdk gSA
vkids çca/k funs'kd dk V~ohVj gSaMy @drusawasthi cgqr y¨dfç; gSA çR;sd lëokj d¨ ^êaMs
e¨fVos'ku^^ ds uke ls muds çsj.kknk;h V~ohV~l ds cgqr lkjs Qÿ¨vlZ gSaA
pwafd vf/kdka'k fdlku vÒh Òh ijEijkxr ehfM;k ij Òj¨lk djrs gSa] vr% iwjs ns'k esa gekjs
miÒ¨Drkvä o vU; Òkxhnkjä rd visf{kr lwpuk,a igqapkus ds fy, U;wt fji¨V¨±] vkys[kä] iSuy
58
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
A model of drip irrigation on display at an exhibition in Maharashtra
EMPOWERMENT OF WEAKER SECTIONS

IFFCO has always given thrust for the empowerment and development of the weaker
section of the society voluntarily. IFFCO is neither a Public Sector Undertaking nor an
Agency of the Government but continues to give preference to the weaker sections of the
society for their upliftment by giving preference in employment to Scheduled Caste (SC),
Schedule Tribe (ST) and Other Backward Classes (OBC). As on date, there are 492
Scheduled Caste, 53 Scheduled Tribe and 702 Other Backward class employees. At the
time of recruitment and departmental promotion, SC/ST employees are given
representation, wherever possible. For upliftment of SC/ST candidates, activities like
financial assistance through educational institution, distribution of books, notebooks,
periodical health camps etc. are also undertaken.
PUBLIC RELATIONS & PUBLICITY

A cooperative development meet for women
Communication has become a vital organisational function as it is evolving faster than it farmers organized by IFFCO
ever did. Thanks to social media revolution, all it takes is a few seconds and fewer clicks for
an event to become news. A comprehensive media mix plan comprising of traditional and
new media is, therefore, essential for any communications strategy.
Besides the conventional media where IFFCO is widely covered, diligent efforts have been
made to reach out to the huge pool of digitally aware next generation farmers and make
IFFCO's presence felt on social media in a big way. Besides, IFFCO's social media assets IFFCO's social media assets
on Facebook, Twitter and YouTube, a company blog (www.iffcolive.com) has emerged as a
leading information portal with a huge followership among the Indian farmers and is serving
on Facebook, Twitter and
as a direct communication channel with our consumers. YouTube, a company blog
Your Managing Director's tweeter handle@drusawasthi is very popular especially each (www.if fcolive.com) has
Monday his motivational tweets titled “Monday Motivation” have large followers.
Since a majority of farmers still rely on conventional media, communication through news
e m e rg e d a s a l e a d i n g
reports, articles, panel discussions and chat shows, radio-talks, media conclaves etc. is still information portal with a
being done for dissemination of desired information to our consumers and other
stakeholders to ensure countrywide reach and engagement.
huge followership
Branding and publicity through wall & tractor trolleys paintings, roadside hoardings,
participation in local exhibitions & krishi melas, in-house video production and product
59
fMLdlu o pSV 'k¨t] jsfM;¨&VkWDl] ehfM;k dkWUDyso vkfn ds tfj, laokn fd;k tk jgk gSA
nhokjä ,oa VªSDVj Vªkfy;ä ij isaÇVx] j¨MlkbM g¨ÉMx] LFkkuh; çn'kZfu;ä ,oa d`f"k esyä esa Òkxhnkjh]
LFkkuh; Òk"kk esa ohfM;¨ ç¨MD'ku rFkk bQd¨ mRiknä ls lacaf/kr lkfgR; ds tfj, bQd¨ dh czkafMax
o çpkj fd;k tkrk gS rkfd ns'k ds nwj&njkt ds bykdäa esa bQd¨ dk czkaM ns[kk tk ldsA rFkkfi]
bQd¨ vÒh Òh fdlkuä ds lkFk vkeu& s lkeus cBSdj ckrphr djus eas fo'okl djrh g]S vr% bQd¨
fdlkuä ls lh/ks lEidZ LFkkfir djus ds fy, Qly lfseukj] fdlku lÒk,a o {k= s çn'kuZ tl S s dk;Ø Z e
vk;¨ftr djrh gAS bu dk;Ø Z eä dk vk;¨tu fdlkuä d¨ df`"k d¨ loJ Z "sB ç.kkfy;ä ds ckjs eas crkus rFkk
lLaFkk ds dk;& Z O;kikj dh tkudkjh mu rd igp aq kus ds ç;¨tu ls fd;k tkrk gAS çpkj lca/akh xfrfof/k;ä
d¨ v©j c<k+us rFkk LFkku fo'k"sk ls lcafa/kr çpkj lkexhz r;Skj djus ds fy, çR;d s çe[qk foi.ku {k= s rFkk
mRiknu bdkb;ä eas ,d ukM s y ihvkj vf/kdkjh ukfer fd;k x;k gAS
Çgnh dk ç;¨x
bQd¨ us vius nSfud dkedkt esa fgUnh dk ç;¨x c<+kus ds fy, LoSfPNd ç;kl tkjh j[ksA vky¨P;
o"kZ ds nkSjku deZpkfj;ä d¨ çf'k{k.k çnku djus ds fy, fganh dEI;wVj dk;Z'kkykv®a@çf'k{k.k
dk;ZØeä dk vk;¨tu fd;k x;kA
bQd¨ us ÞjkxnjckjhÞ ds jpukdkj o KkuihB iqjLdkj ls lEekfur ç[;kr ys[kd in~eÒw"k.k
Jh Jhyky 'kqDy dh Le`fr esa ÞJhyky 'kqDy Le`fr bQd¨ lkfgR; lEekuÞ Ükà[kyk 'kq: dh gSA bl
Øe esa NBk lEeku] fo[;kr fganh ys[kd Jh deykdkar f=ikBh d¨ çnku fd;k x;kA mUgsa ;g
lEeku Jh çdk'k tkoM+sdj] ekuuh; ekuo lalk/ku fodkl ea=h] Òkjr ljdkj }kjk 31 tuojh]
2017 d¨ uÃ fnYyh esa vk;¨ftr ,d ÒO; lekj¨g esa çnku fd;k x;kA
lrdZrk
fdlkuksa dks tSo moZjdksa ds mi;ksx dh tkudkjh çnku bQd¨ dk lrdZrk foÒkx LVsdgŸMlZ ds chp tkx:drk c<+kdj rFkk mPp n{krk çkIr djus ds
djrs gq, bQdks ds {ks= vf/kdkjh fy, flLVe o dk;Zç.kkyh esa lq/kkj djds laxBu esa ldkjkRed ekg©y iSnk djus esa egRoiw.kZ Òwfedk
fuÒk jgk gSA lfefr dh QaD'kÇux esa ikjnÆ'krk ds fy, osaMjä@Bsdsnkjä@ ç;¨Drkvä d¨ Òh
^^VsDuÿ¨th csLM flLVe^^ ds ckjs esa çf'k{k.k fn;k tkrk gS rFkk bldk ç;¨x djus ds fy, dgk
tkrk gSA
lEiw.kZ bQd¨ esa 24-10-2016 ls 25-10-2016 rd lrdZrk tkx:drk vfÒ;ku pyk;k x;kA bQd¨
fiNys dÃ o"k¨± ls LoSfPNd vk/kkj ij lrdZrk tkx:drk vfÒ;ku pyk jgh gS A dkji¨jsV dk;kZy;
esa MkW0 mn; 'kadj voLFkh] çca/k funs'kd }kjk lÒh deZpkfj;ä d¨ 'kiFk fnykÃ xÃA mUgäus fuokjd
o lq/kkjkRed lrdZrk O;oLFkk ds egRo ij cy fn;kA bQd¨ ds lÒh la;a=ä rFkk foi.ku dk;kZy;ä
esa dk;Zjr deZpkfj;ä rFkk muds cPpä ds fy, fofÒUu çfr;¨fxrk,a tSls & fuca/k] fDot]
okn&fookn] i¨LVj] Mªkbax] ukjk vkfn vk;¨ftr dh xÃaA bdkb;ä esa Ã&[kjhn ij lsfeukj vk;¨ftr
fd;s x;s ftuesa LFkkuh; osaMjä us Òkx fy;kA
la;a= Lrj ij osaMjä rFkk vkiwÆrdrkZvä dh okftc leL;kvä ds lek/kku ds fy, cSBdä ds vk;¨tu
ds lkFk&lkFk Ø; çfØ;k] ikoj vkWQ vkfQllZ]dkÆed uhfr;ä@Bsdkxr Jfed çca/ku tSls
çkFkfed dk;Zdykiä ij fu;fer :i ls lsfeukj vk;¨ftr fd;s tkrs gSaA foi.ku dk;kZy;ä esa]
lgdkjh lfefr ds lnL;ä rFkk vf/kdka'k la[;k esa fdlkuä d¨ bQd¨ dh dk;Zç.kkfy;ä o fu;eä ds
ckjs esa crk;k tkrk gSA
v©|¨fxd lqj{kk
vkidh lfefr v©|¨fxd lqj{kk d¨ mPp çkFkfedrk nsrh gS A lqj{kk ds çfr tkx:drk d¨ c<+kok
nsus ds fy, lÒh lEc) O;fDr;ä d¨ fujUrj f'k{k.k v©j çf'k{k.k çnku fd;k tkrk gS A
60
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
literature in vernacular languages are also done to ensure the visibility of IFFCO's brand in
the interiors of the country. However, IFFCO still believes in one-to-one communication with
the end user and, therefore, organizes several direct engagement programs like crop
seminars, farmers' meetings and field demonstrations. This serves the purpose of
appraising the farming community about the best farming practices along with providing
the farmers insights into the functioning of the organization. To further enhance the publicity
related activity and to generate location specific content, a nodal PR officer is designated in
each major marketing area and in manufacturing units.
USE OF HINDI
IFFCO voluntarily continued its efforts for the progressive use of Hindi in day-to-day official
work. During the year under review Hindi Computer workshops and training programmes
were organized for the Employees.
IFFCO has instituted Award series "Srilal Shukla Smriti IFFCO Sahitya Samman" in the
memory of Padambhushan Sh. Srilal Shukla, the renowned author of Rag Darbari and
recipient of Gyanpith Award, to honour prominent authors for their outstanding literary
contribution. In the series, the sixth award was conferred on eminent Hindi Storywriter
Shri Kamala Kant Tripathi on 31st January, 2017 by Shri Prakash Javdekar, Hon'ble
Minister of Human Resource and Development, Govt. of India in a grand function
organised in Delhi.
VIGILANCE
The Vigilance Department at IFFCO has been playing a crucial role in creating a proactive
environment in the organization by enhancing awareness amongst the stake holders
& improvements in systems & procedures for achieving higher efficiency. The vendors/
contractors/users are also educated and persuaded to use “Technology based Systems” Neem sapling distribution to school children
for better transparency in the functioning of the Society.
The 'Vigilance Awareness Drive' was organized from 24th October, 2016 to 25thOctober,
2016 all over IFFCO. IFFCO has been conducting 'Vigilance Awareness Drive' voluntarily
for the last many years. At Corporate Office, the Pledge was administered by
Dr. U. S. Awasthi, Managing Director. He emphasized on the significance of Preventive and
Corrective Vigilance Mechanism. Various competitions such as essay writing, quiz, debate,
poster, drawing, slogan competitions etc. were organized all over IFFCO in Plants and
Marketing Offices for the employees and their dependent children. Seminars on
e-Procurement were also held wherein local vendors participated in the Units.
Seminars on primary functions like Purchase Procedures, Power of Officers/Personnel
Policies/Contract Labour Management are organized at Plant level on regular basis besides
meetings with vendors and suppliers of IFFCO for redressal of genuine problems. In the
Marketing Offices, the members of the cooperative societies and farmers at large are being
educated regarding the procedures and practices being followed at IFFCO. Besides
periodic checks, workshops are also organized for senior officers from time to time as a part
of the preventive, participative & corrective vigilance to achieve higher efficiency while
maintaining the Values & Ethics of the Society.
INDUSTRIAL SAFETY
Your Society continues to accord the highest priority to Industrial Safety.Training and
Education is continuously imparted to all concerned to create and enhance Safety
Awareness.
61
Lo.kZ t;arh lekjksg ds volj ij jktLFkku ds lgdkfjrk ea=h] Jh vt; flag o bQdks ds çca/k funs'kd]
fdlku çfrfuf/k dk lEeku djrs gq,
deZpkjh&fu;¨Drk laca/k
bQd¨ us ,d ,slh dk;Z laLd`fr fodflr dh gS ftlds varxZr deZpkjh rFkk muds ifjokj dh Hkh
csgrjh ij è;ku fn;k tkrk gSA bQd¨ deZpkfj;ä rFkk muds ifjtuä ds 'kkjhfjd LokLF; rFkk
vkè;kfRed csgrjh ij Òh è;ku nsrh gSA bQdks viuh LFkkiuk ds 50 o"kZ iwjs djus tk jgh gS v©j bu
o"k¨± esa bQd¨ fpfdRlk ykÒä] csgrj çfriwÆr] dk;Z o thou i)fr ds larqyu] le;≤ ij
LokLF; dh tkap rFkk vkè;kfRed ppkZ o vU; ,slh xfrfof/k;kaa] t¨ deZpkjh&fu;¨Drk ds chp LoLFk
laca/kä d¨ c<+kok nsrh gS] ds ekè;e ls deZpkfj;ä ds lok±xh.k fodkl ij cy nsrh gSA
deZpkjh&fu;¨Drk ds chp l©gknZiw.kZ laca/kä dh otg ls lÒh xfrfof/k;ä esa deZpkfj;ä dh leku :i
ls Òkxhnkjh g¨rh gSA ekU;rkizkIr ;wfu;u] vkWfQllZ ,lksfl,”ku ,oa muds ifjokjtuksa dh Hkkxhnkjh
ls n'kdä ls vk;ksftr fd, tk jgs dk;ZØeksa dh otg ls izca/ku o deZpkfj;ksa ds chp esa fo”okl iSnk
gqvk gSA
bQdks vkWfQllZ ,lksfl,'ku ds v/;{k] Jh ftrsUnz frokjh]
xksgkVh esa vk;ksftr ,d dk;ZØe esa çfrHkkfx;ksa dks
lEcksf/kr djrs gq, lg;¨xh daifu;ä o ,l¨fl,V~l ds dkj¨ckj ,oa foRrh; fLFkfr dh leh{kk
bQd¨ dk dk;Z&O;kikj fujUrj c<+ jgk gSA bQdks us fofHkUu la;qDr m|eä v©j lg;ksxh daifu;ksa esa
vius fuos'k d¨ c<+k;k gS ftlls lfefr ds moZjd {ks= dk eq[; O;olk; fujarj c<+ jgk gSA 31 ekpZ]
2017 d¨ lfefr dk dqy fuos'k ` 1969-31 dj¨M+ gS] tcfd 31 ekpZ] 2016 d¨ ;g fuos'k ` 1783-54
dj¨M+ Fkk] ftldk fooj.k fuEu çdkj gS%
¼dj¨M++ ` esa½
31 ekpZ rd
2017 2016
la;qDr m|eä@lgk;d daifu;ä esa fuos'k 1939.93 1754.16
O;kikfjd ,l¨fl,V~l esa fuos'k 29.38 29.38
;¨x 1969.31 1,783.54
62
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
A panoramic view of ICS-Senegal Phosphoric acid plant
Employee-Employer Relations
IFFCO has developed a work culture which is both employee and family oriented. IFFCO
also takes care of health and spiritual wellness of employees and their family. Over 50 years
since its inception, IFFCO has been fostering employee growth and family wellness through
medical benefits, better compensation, work-life balance, periodical health check-up,
spiritual deliberations and many other such activities that promote healthy employee-
employer relations.
The harmonious employee-employer relations are also a resultant of equal participation of
employees in all activities. The trust between the employee and management has been built
by decades of Employee engagement initiatives through the representatives of recognized
union, officers association and families.
BUSINESS AND FINANCIAL REVIEW OF SUBSIDIARIES AND ASSOCIATES Representatives of IFFCO Employees Union
along with Managing Director after their election
The business portfolio of IFFCO has been steadily growing and IFFCO has stepped up
investments in related businesses through various Joint Ventures and Subsidiaries that are
unfolding as well as creating value addition in the core fertiliser sector. As on March 31,
2017, the total investment was ` 1969.31 crore in comparison to ` 1783.54 crore on
March 31, 2016 as per the following break-up:
As on March 31, 2017, the total
investment was ` 1969.31crore
(` in Crore)
in comparison to `1783.54
As on March 31
crore on March 31, 2016
2017 2016
Investment in Joint Ventures / Subsidiaries 1939.93 1754.16
Investment in Business Associates 29.38 29.38
Total 1969.31 1783.54
63
Jhyky 'kqDy bQdks lkfgR; lEeku ds volj ij dsUnzh; ekuo lalk/ku fodkl ea=h] Jh çdk'k tkoM+sdj dk lacks/ku
bQd¨&V¨D;¨ tujy ba';¨jsal daiuh fyfeVsM ¼bQd¨&V¨D;¨½

ekuuh; lnL;ä d¨ Kkr g¨xk fd Òkjrh; leqnk; fo'ks"kdj fdlkuä rFkk xzkeh.k turk d¨ foŸkh;
lqj{kk miyC/k djkus ds mÌs'; ls geus o"kZ 2000 esa ,d la;qDr m|e ds :i esa ^^V¨D;¨ esjhu^^ ds
lkFk feydj bQd¨&V¨D;¨ tujy ba';¨jsal daiuh fyfeVsM ¼bQdks&VksD;ks½ dh LFkkiuk dh Fkh A
mlh le; chek {ks= futh daifu;ä ds fy, [kÿk x;k FkkA fu%lansg gekjs fy, ;g lar¨"k dh ckr gS
fd bQd¨&V¨D;¨ vius lQy çpkyu ds 16 o"kZ iwjs dj pqdh gSA blus u dsoy gekjh eq[;
vkdka{kkvä d¨ iwjk fd;k gS] vfirq 4-60 çfr'kr cktkj fgLlsnkjh ds lkFk ;g Hkkjr esa futh {ks= dh
p©Fkh lcls cM+h lkekU; chek daiuh cu xÃ gSA
31 ekpZ] 2017 d¨ bQd¨&V¨D;¨ dh dqy çnRr iwath ` 269-32 dj¨M+ gS ftlesa bQd¨ dk va'knku
` 195-64 dj¨M+ ¼72-64 çfr'kr½] bafM;u i¨Vk'k fyfeVsM dk va'knku ` 3-66 dj¨M+ ¼1-36 çfr'kr½
rFkk V¨D;¨ esjhu ,f'k;k çk0 fy0 dk va'knku ` 70-02 dj¨M+ ¼26 çfr'kr½ gSA foRrh; o"kZ 2016&17
ds nkSjku bQd¨&V¨D;¨ dk ldy fjVu çhfe;e ` 5635 dj¨M+ ¼ys[kkijh{kk ls iwoZ½ jgk v©j dj iwoZ
bQdks cktkj LVksj dk fujh{k.k djrs gq, foi.ku funs'kd] ykÒ ` 615 ¼ys[kkijh{kk ls iwoZ½ dj¨M+ gSA
Jh vjfcan jkW;
o"kZ 2001 esa viuk O;olk; 'kq: djus ds ckn ls bQd¨&V¨D;¨ us ijEijkxr lkekU; chek mRiknä ds
vykok lekt ds lÒh ox¨± dh vko';drk d¨ iwjk djus ds fy, dÃ fof'k"V chek mRikn yk¡ap fd;s
gSaA fdlkuä rFkk xzkeh.k turk d¨ è;ku esa j[krs gq, bQd¨&V¨D;¨ us vusd chek mRikn tSls ladV
gj.k chek ;¨tuk] turk lqj{kk chek ;¨tuk] tu lqj{kk chek ;¨tuk] tu lsok chek ;¨tuk] efgyk
lqj{kk chek ;¨tuk] Qly chek ;¨tuk] i'kq/ku chek ;¨tuk rFkk bQd¨&,elh ds lg;¨x ls 'kq:
dh xÃ fdlku lqj{kk chek ;¨tuk vkfn yk¡p fd, gSa v©j chek nkoä dk le; ij Òqxrku djds
mudh lgk;rk dh gSA daiuh us gky gh esa egkjk"Vª] NŸkhlx<+] jktLFkku rFkk fgekpy çns'k ds
foRrh; o"kZ 2016&17 ds nkSjku vf/klwfpr ftyä esa uÃ yk¡p dh xÃ ç/kkuea=h Qly chek ;¨tuk ¼ih,e,QchokÃ½ esa Òkxhnkjh dh
bQd¨&V¨D;¨ dk ldy fjVu çhfe;e gSA ih,e,QchokÃ ds rgr vçR;kf'kr ÄVukvä ds dkj.k Qlyä dh gkfu ;k {kfr ls tw> jgs
fdlkuä d¨ foŸkh; lgk;rk çnku dh tkrh gSA
` 5635 dj¨M+ ¼ys[kkijh{kk ls iwoZ½ jgk
bQd¨&V¨D;¨ us Òkjr ljdkj }kjk ns'k ds fofÒUu jkT;ä esa çk;¨ftr jk"Vªh; LokLF; chek ;¨tuk
v©j dj iwoZ ykÒ ` 615 ¼ys[kkijh{kk ls ¼vkj,lchokÃ½ rFkk v¨fM'kk jkT; eas chtw d"`kd dY;k.k ;¨tuk ¼chdd s oskÃ½ eas Òh Òkxhnkjh dh rkfd
iwoZ½ dj¨M+ gS A xjhch j[skk ls uhps ¼chih,y½ jgus okys ifjokjä d¨ LokLF; chek dk ykÒ igp aq k;k tk lds A xkzeh.k cktkj
eas viuh igp aq c<k+us rFkk xkzeh.k turk ds Äj&Äj rd chek dk ykÒ igp aq kus ds fy, bQd¨&V¨D;¨ vius
fof'k"V mRiknä d¨ lgdkjh lfefr;ä ds uVsod]Z bQd¨ Ã&cktkj rFkk ljdkj }kjk çk;¨ftr Ã&xoul ±s
,tl as h Þlh,llh&,lihohÞ ds ek/;e ls cp s us ds fy, eLqrnSh ls dk;Z dj jgh gS A
64
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Recipient of Shrilal Shukla Hindi Sahitya Samman, Shri Kamalkant Tripathi receiving the award from
Union HRD Minister Shri Prakash Javadekar
IFFCO-TOKIO General Insurance Company Limited (IFFCO-TOKIO)

The Honourable Members are kindly aware that with an intent to provide financial protection
to the Indian Community especially our farmers and rural masses to whom we belong,
IFFCO-TOKIO General Insurance Company Limited (IFFCO-TOKIO) was started in the year
2000 as a joint venture with “TOKIO MARINE”, when Insurance Sector was opened for
private players. It is indeed satisfying to see that IFFCO TOKIO has completed 16 years of its
successful operations and not only fulfilled our key desire but it has also grown to become
4th largest among the private sector General Insurance Companies in India with a market
share of 4.60%.
The total paid up capital of IFFCO-TOKIO as on 31st March, 2017 was ` 269.32 crore,
comprising of ` 195.64 crore (72.64%) contributed by IFFCO, ` 3.66 crore (1.36%)
contributed by Indian Potash Limited and ` 70.02 (26.00%) contributed by Tokio Marine
Asia Pte Limited. During the financial year 2016-17, IFFCO-TOKIO recorded a Gross
Written Premium of ` 5635 crore (pre-audited) and Profit before Tax of ` 615 crore Demonstration of cashless transaction through
(pre-audited). PoS machine in Karnataka
Since its commencement of business in 2001, IFFCO-TOKIO, in addition to traditional
General Insurance products, has launched many customised and niche products catering
to the needs of all sections of the society. Keeping farmers and rural populace in mind,
IFFCO-TOKIO launched many insurance products namely Sankat Haran Bima Yojna, Janta
Suraksha Bima Yojna, Jan Suraksha Bima Yojna, Jan Sewa Bima Yojna, Mahila Suraksha
Bima Yojna, Fasal Bima Yojna, Pashu Dhan Bima Yojna and the newly launched Kisan
Suraksha Bima Yojna in collaboration with IFFCO-MC, etc, and provided timely support at
the time of need by proactively settling the insurance claims. The Company participated in
Prime Minister's flagship Crop Insurance Scheme - Pradhan Mantri Fasal Bima Yojna
(PMFBY) in the notified districts of Maharashtra, Chhattisgarh, Rajasthan & Himachal
Pradesh. PMFBY provides financial support to the farmers suffering crop loss or damage
arising out of unforeseen events.
The Company also participated in the Government Sponsored Health Schemes like
Rashtriya Swasthya Bima Yojna (RSBY) in various states of the Country and Biju Krishak
Kalyan Yojna (BKKY) in the state of Odisha, to extend health insurance to below poverty line
(BPL) families. In order to increase its penetration into rural markets and deliver insurance at
the doorstep of the rural populace, IFFCO TOKIO is working aggressively to sell its
65
funs'kd e.My }kjk la;a= dk Hkze.k
bQd¨&V¨D;¨ dh ,d vuwBh chek ;¨tuk *ladVgj.k chek ;¨tuk* t¨ lgdkjh lfefr ls [kkn
[kjhnus ls lEc) gS v©j bQd¨ }kjk çk;¨ftr gS] us vius 17osa o"kZ esa ços'k dj fy;k gS A bl chek
;¨tuk ds rgr flrEcj] 2001 ls vc rd yxÒx 167 yk[k fdlkuä d¨ chek lqfo/kk çnku dh xÃ gS
v©j yxÒx ` 101 dj¨M+ ds nkoä dk Òqxrku fd;k x;k gSA
bQd¨ fdlku lapkj fyfeVsM ¼bQdks fdlku½
lfefr dh lgk;d laLFkk] bQd¨ fdlku lapkj fyfeVsM ¼bQd¨ fdlku½ us vius miÒ¨Drkv®a d¨
mi;¨xh rFkk lqlaxr lwpuk,a çnku djuk tkjh j[kk rkfd mudh d`f"k vkenuh c<+kdj muds thou
Lrj esa lq/kkj yk;k tk ldsA ok.kh lans'kä dh fo"k; oLrq esa lq/kkj ds fy, ç;kl fd;s x;s gSa ftlds
ifj.kkeLo:i lans'k dh v©lr fylÇux vof/k ¼,,yMh½ laca/kh iSjkehVj esa lq/kkj gqvk gSA vc
fylÇux vof/k 44 lsdsaM ¼ekpZ] 2016 esa½ ls c<+dj ekpZ] 2017 esa 45-3 lsdsaM g¨ xÃ gSA
o"kZ 2016&17 ds nkSjku çfrfnu n¨ fefy;u ls vf/kd miÒ¨Drkvä d¨ ok.kh lans'k Òsts x;s v©j dqy
feykdj 79]658 ls vf/kd ok.kh lans'k Òsts x;sA lans'kä dh xq.koŸkk ,oa mi;¨fxrk esa lq/kkj ds fy,
dyksy la;a= dh jsyos lkbfMax miÒ¨Drkvä ls fu;fer :i ls QhMcSd yh xÃA 1-52 yk[k ls vf/kd miÒ¨Drkvä dh [ksrh&ckM+h
laca/kh leL;kvä dk gSYiykbu }kjk leqfpr lek/kku fd;k x;k A
bQd¨ fdlku dh cgqÒk"kh vyVZ rFkk ijke'kZnk;h ok.kh vk/kkfjr lsokvä ds dq'ky çca/ku ds fy,
foŸk o"kZ ds n©jku cSd ,aM vkÃlhVh flLVe d¨ v©j lq–<+ fd;k x;k A n¨ e¨ckby ,fIyds'ku uker%
ÞbQd¨ fdlkuÞ rFkk ÞekÃ bQd¨ fdlkuÞ yk¡p dh xÃaA ÞbQd¨ fdlkuÞ }kjk e©le laca/kh
iwokZuqeku] d`f"k cktkj dh tkudkjh] d`f"k] i'kqikyu] ljdkjh ;¨tukvä] bysDVªkWfud ekdsZV Iysl]
d`f"k ftUlä vkfn ds ckjs esa dLVekbTM ,Mokbtjh 10 Òkjrh; Òk"kkvä esa okbl li¨VZ lfgr miyC/k
djkrk gSA o"kZ ds n©jku dk;kZy;h rFkk foi.ku mRikndrk esa lq/kkj ds fy, e¨ckby ,fIyds'ku ÞekÃ
bQd¨ fdlkuÞ yk¡p fd;k x;kA
bQd¨ fdlku us v¨fM'kk] fcgkj rFkk >kj[kaM jkT;ä ds xzkeh.k {ks=ä esa jgus okys y¨xä ds
l'kfDrdj.k ds fy, leku fopkj/kkjk okyh laLFkkvä ds lkFk lQyrkiwoZd lk>snkjh c<+kbZ gSA
o"kZ 2016&17 ds n©jku bQd¨ fdlku }kjk dkji¨jsV lkekftd nkf;Ro ¼lh,lvkj½ ds varxZr dqN
fo'ks"k xfrfof/k;ka pykbZ xbZ gSa tSls if'pe caxky esa dE;qfuVh vk/kkfjr lrr ty ç.kkyh] jktLFkku
esa esM xkao ¼t;iqj½ esa ns'kh fxj uLy dh xk;ä dh ,d Ms;jh dh “kq:vkr dh xbZ rFkk i'kq LokLF;
tkap vfÒ;ku vkSj e`nk ijh{k.k vkfn dks c<+kok fn;k x;k gSA vkthfodk o`f) ifj;¨tukvä ds
varxZr xqtjkr esa n¨ bdkÃ thjk ç¨lsÇlx rFkk uhe vkW;y fijkÃ 'kq: djus ds fy, Òh dk;Z py
jgk gSA
66
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Inauguration of newly built Phosphoric acid tank at Paradeep Unit
specialised products through IFFCO cooperatives network, IFFCO e-bazaar and

Government sponsored E-Governance agency “CSC-SPV”.
The unique policy 'Sankatharan Bima Yojna', which is linked to the purchase of fertiliser
bags from the Co-operative Society and sponsored by IFFCO, has entered into its 17 th year.
The Sankatharan Bima Yojna has covered approximately 167 lakh farmers and disbursed
about ` 101 crore in claims since its launch in September, 2001.
IFFCO Kisan Sanchar Limited (IFFCO Kisan)

Society's subsidiary, IFFCO Kisan Sanchar Limited (IFFCO Kisan) continued to provide
useful and relevant information to its Subscribers that can help them in improving their farm
income and living. Quality process for content improvement of voice messages was further
strengthened as a result of which listening parameters such as Average Listening Duration
(ALD) of the messages increased from 44 seconds in March, 2016 to 45.3.0 seconds in
March, 2017.
Managing Director inspecting automated
During 2016-17, every day voice messages were disseminated to over two million
bottling unit of liquid Bio-Fertilisers
subscribers and in all more than 79,658 voice messages were disseminated. Regular at Paradeep Unit
feedback from the users was also obtained for improving the Content quality and relevance.
More than 1.52 lakh subscribers were given actionable solution to their field problems by
helpline.
The back end ICT systems were further strengthened during the financial year to efficiently
manage multi-lingual alert and advisory voice based services of IFFCO Kisan. Two mobile During 2016-17, every day
applications namely 'IFFCO Kisan' and 'myIFFCOKisan' were launched. 'IFFCO Kisan'
provides weather forecasts, agricultural market information, customized advisories on vo i c e m e s s a ge s we re
agriculture, animal husbandry, government schemes, electronic market place for disseminated to over two
agri-commodities, etc. in ten Indian languages with voice support. The mobile application
'myIFFCOKisan' was launched during the year to improve office and marketing million subscribers and in all
productivity.
more than 79,658 voice
IFFCO Kisan had expanded its fruitful partnership with like-minded institutions for
empowerment of people living in rural areas in Odisha, Bihar and Jharkhnad. messages were disseminated.
During 2016-17, IFFCO Kisan undertook certain special activities under Corporate Social
Responsibility (CSR) such as Community Based Sustainable Water System in West Bengal,
67
efgyk fdlkuksa dks çf'k{k.k o Qly çn'kZu
bQd¨ fdlku d`f"k ,oa fdlku dY;k.k ea=ky;] Òkjr ljdkj ds d`f"k o lgdkfjrk foÒkx
¼Mh,lh½ dh v¨j ls eÃ] 2012 ls fdlku dkWy lsaVj lsok ¼dslhlh½ dk lQyrkiwoZd çca/ku dj jgk
gSA lÒh jkT;ä rFkk dsUnz 'kkflr çns'kä ls vkus okys Qü dk tokc 14 LFkkuä ij dk;Zjr dkWy lsaVjä
ds 545 QkeZ Vsyh ,Mokbtjä }kjk fn;k tk jgk gSA o"kZ 2016&17 ds n©jku dqy 87-8 yk[k Qksu vk,
rFkk muesa ls 65-8 yk[k Qksu dk tokc fn;k x;kA dslhlh lsokvä us jk"Vªh; Lrj ij viuh vPNh
igpku cuk yh gS rFkk bQd¨ fdlku fdlkuä d¨ mPp xq.koŸkk dh lsok,a lqfuf'pr djus ds fy,
d`f"k ,oa lgdkfjrk foÒkx ds lkFk lfØ; :i ls dk;Z dj jgk gS A
o"kZ 2016&17 ds n©jku bQd¨ fdlku us 24-38 yk[k ls vf/kd u;s miÒ¨Drk t¨M+s A VsyhdkWe
baMLVªh esa vkus okyh vusd pqu©fr;ä ds ckotwn] bQd¨ fdlku us ,xz¨ fjVsylZ ds ekè;e ls vius
forj.k usVodZ ds fodkl ij è;ku nsdj vPNk dk;Zfu"iknu fd;k gSA o"kZ 2016&17 ds n©jku bQd¨
fdlku us ` 422 dj¨M+ dk dkj¨ckj fd;k tcfd o"kZ 2015&16 ds nkSjku blus ` 350 dj¨M+ dk
dkj¨ckj fd;k Fkk A vky¨P; o"kZ ds nkSjku vufUre dj iwoZ ykÒ ` 4-40 dj¨M+ jgk tcfd xr o"kZ ;g
VªSDVj VªkWyh ds ek/;e ls bQdks dk çpkj&çlkj ` 8-37 dj¨M+ FkkA bQd¨ fdlku us o"kZ 2015&16 ds n©jku vius 'ks;j gŸMlZ d¨ bfDoVh ij 20
çfr'kr dh nj ls ykÒka'k dk Òqxrku fd;k A
bQd¨ fdlku xzkeh.k Òkjr esa csj¨txkjh dh leL;k ds çfr lpsr gS v©j jk"Vªh; d©'ky fodkl
fuxe ¼,u,lMhlh½ ds rRoko/kku esa d©'ky fodkl çf'k{k.k çnku djds j¨txkj ds volj miyC/k
djkuk pkgrk gSA bl mÌs'; dh iwÆr ds fy, bQd¨ fdlku xzkeh.k ;qodä ds fy, d`f"k ls lacaf/kr
cgqr ls d©'ky fodkl dk;ZØe 'kq: djus dh ;¨tuk cuk jgk gSA xzkeh.k {ks=ä esa xjhch mUewyu dh
o"kZ ds n©jku dk;kZy;h rFkk foi.ku fn'kk esa ,d vU; dne mBkrs gq, N¨Vs o lhekUr fdlkuä d¨ _.k lqfo/kk miyC/k djkÃ tk jgh gSA
mRikndrk esa lq/kkj ds fy, e¨ckby bQd¨ fdlku ,d ukWu cSaÇdx Qkbusaf'k;y daiuh ¼,uch,Qlh½ dk çorZu djus dh Òh ;¨tuk cuk
jgk gSA bQd¨ fdlku ,;jVSy isesaV cSad fyfeVsM ¼,ihch,y½ ds lkFk feydj vk/kkj dkMZ ij
,fIyds'ku ÞekÃ bQd¨ fdlkuÞ vk/kkfjr Òqxrku ç.kkyh ¼dS'kys'k VªkatsD'ku½ ds lkFk xzkeh.k turk dss foŸkh; ysunsu d¨ t¨M+dj
yk¡p fd;k x;k A fMftVy bafM;k ds LoIu d¨ lkdkj djuk pkgrk gSA bl mÌs'; dh iwÆr ds fy, bQd¨ fdlku
xzkeh.k ;qokvksa ds fy, d`f"k ls lacaf/kr cgqr ls d©'ky fodkl dk;ZØe 'kq: djus dh ;¨tuk cuk jgk
gSA bl laca/k esa bQd¨ fdlku us vius fjVsylZ ds O;kid usVodZ ds ekè;e ls cSad esa xzkeh.kä ds
,ihch,y [kkrs [kÿus 'kq: dj fn;s gSaA
us'kuy de¨fMVh ,aM MsjhosfVOl ,Dlpsat fyfeVsM ¼,ulhMSDl½
,ulhMSDl jk"Vªh; Lrj dk vkWuykbu eYVh de¨fMVh ,Dlpsat gS ftldk çca/ku O;kolkf;d <ax ls
fd;k tkrk gSA ,ulhMSDl ds 'ks;j gŸMjä esa cM+s jk"Vªh; Lrj ds laLFkku] lkoZtfud {ks= ds cSad
68
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Dr. U. S. Awasthi launching home delivery service of IFFCO products in Haryana under the
Indian Cooperative Digital Platform (www.iffcobazar.in) at Karnal
a dairy unit of indigenous Gir cows at village Med (Jaipur), in Rajasthan, promoted Animal
health campaign and soil testing. Under Livelihood Enhancement Projects Two units Cumin
Processing and Neem Oil Extraction are also being operational in Gujarat.
IFFCO Kisan is successfully managing The Kisan Call Center Service (KCC) on behalf of
Department of Agriculture and Cooperation (DAC), Ministry of Agriculture and Farmers
Welfare, Government of India since May, 2012. Calls from all the States and Union
Territories are being addressed from 14 locations by 545 Farm Tele Advisors (FTAs). During
the year 2016-17, the total calls landed were 87.8 lakh and the answered calls were
65.8 lakh. The KCC Services have drawn high national visibility and IFFCO Kisan is actively
working with DAC to ensure high quality of services to the farmers.
During 2016-17, IFFCO Kisan added more than 24.38 lakh new subscribers. Despite
several challenges faced in the telecom industry, IFFCO Kisan maintained a healthy
performance by focusing on development of its distribution network through agro retailers.
The turnover of IFFCO Kisan during the year 2016-17 was ` 422 crore, compared to Farmers Interaction meet
` 350 crore during 2015-16, with a provisional Profit before Tax of ` 4.40 crore compared to
` 8.37 crore in the previous year. IFFCO Kisan released a dividend @ 20% of equity to its
shareholders based on its operations during 2015-16.
IFFCO Kisan is conscious about unemployment in rural India and wishes to create
employment opportunity through skill development trainings under the aegis of National
Skill Development Corporation (NSDC). In line with this IFFCO KISAN is planning to have
several agriculture related skill development programmes for rural youth. Another step in
eradication of poverty in rural areas is providing credit facility to small and marginal farmers.
IFFCO Kisan also has plans to promote a non-banking financial company (NBFC). IFFCO
Kisan, with Airtel Payment Bank Limited (APBL), aspires to realize the dream of Digital India
and financial inclusion of rural people with Aadhar based payment (cashless transaction)
system. In this regard, IFFCO Kisan has already commenced opening of bank accounts for
APBL of rural people through its vast network of retailers.
National Commodity & Derivatives Exchange Ltd. (NCDEX)

National Commodity & Derivatives Exchange Limited (NCDEX) is a professionally managed
on-line multi commodity exchange. The shareholders of NCDEX comprises of large
national level institutions, large public sector bank and companies. NCDEX is the only
69
bankSj esa d`"kd efgykvksa ds fy, çf'k{k.k dk;ZØe
rFkk daifu;ka gSa A ,ulhMSDl jk"Vªh; Lrj dh laLFkkvä }kjk laoÆ)r ns'k dk ,dek= de¨fMVh
,Dlpsat gS A ;g ,d vuwBk xBca/ku gS t¨ vusdä ykÒ iznku djkrk gS] ftudh bl le; de¨fMVh
cktkjä esa deh gS A ,ulhMSDl ds laLFkkxr çë¨VlZ rFkk 'ks;jgŸMlZ dks vius&vius {ks=ä esa egkjr
çkIr gS rFkk muds laLFkkxr fuekZ.k ds vuqÒo] fo'okl] jk"VªO;kih igqap] ç©|¨fxdh rFkk t¨f[ke
çca/ku d©'ky dk ykÒ ,ulhMSDl d¨ fey jgk gSA ,ulhMSDl jk"Vªh; Lrj dk VsDuksykWth fMªou
MhE;wpykbTM vkWuykbu de¨fMVh ,Dlpsat gS ftldk viuk vyx funs'kd eaMy v©j O;kolkf;d
çca/ku gS v©j bu nüä dk de¨fMVh cktkj esa fdlh rjg dk fufgr LokFkZ ugÈ gSA ;g cktkj
Òkxhnkjä d¨ fo'o Lrjh; de¨fMVh ,Dlpsat IysVQkeZ miyC/k djkus ds fy, çfrc) gS rkfd blds
cktkj Òkxhnkj loZJs"B fo'o Lrjh; dk;Z ç.kkfy;ä] O;olk; ,oa ikjnÆ'krk ds fl)kUrä ij pyk;s
tk jgs de¨fMVh MsjhosfVOl ds O;kid vk/kkj ij O;kikj dj ldsa A ,ulhMSDl dh çnŸk 'ks;jiwath esa
bQd¨ dh Òkxhnkjh 10 çfr'kr gSA
,ulhMSDl 25 de¨fMVht esa çlafonk,a vkWQj dj jgh gS] ftlesa 22 Ñf"k de¨fMVh çlafonk,a] 1
fgekpy jkT; esa bQdks dk çpkj&çlkj 'kjkZQk de¨fMVh çlafonk] 2 /kkrq çlafonk,a 'kkfey gSaSA bl le; ,ulhMSDl ds 257 ls vf/kd VªsfMax
de Dyh;fjax lnL;] 221 VªsfMax lnL;] 7 LVªsVsftd VªsfMax de Dyh;fjax lnL; rFkk ,d
O;kolkf;d Dyh;fjax lnL; gSaA ,ulhMSDl ds ikl IysVQkeZ ij VªsM dh xÃ de¨fMVh ds ÒaMkj.k o
lqiqnZxh ds fy, 296 ls vf/kd os;jgkml gSa] ftudh ÒaMkj.k {kerk yxÒx 14 yk[k eh0Vu gSA blds
vykok] ,ulhMSDl }kjk vuqe¨fnr 80 dkWeVªSd ikfVZflisaV~l] 12 Dyh;fjax cSad gSa] t¨ mlds VªsfMax
v©j Dyh;fjax lnL;ä }kjk dh xÃ VªsfMax ds çpkyuä] Dyh;fjax v©j lSVyesaV ds dk;Z d¨ lqxe
cukrs gSa A
,ulhMSDl dh çnŸk 'ks;jiwath esa
o"kZ 2016&17 ds nkSjku ,ulhMSDl ds IyssVQke¨± ij v©lru nSfud VªsfMM ewY; ¼,MhVhoh½ esa 42
bQd¨ dh Òkxhnkjh 10 çfr'kr gSA çfr'kr ls vf/kd dh deh vkÃ gSA ;g ewY; o"kZ 2015&16 ds nkSjku ` 3967 dj¨M+ ds eqdkcys
2016&17 esa ÄVdj ` 2296 dj¨M+ g¨ x;k A
bafM;u i¨Vk'k fyfeVsM ¼vkÃih,y½
bQd¨ us bafM;u i¨Vk'k fyfeVsM ¼vkÃih,y½ dh çnRr bfDoVh 'ks;jiwath esa ` 2-68 dj¨M+ dk fuos'k
fd;k gS v©j 33-99 çfr'kr fgLlsnkjh yh gqÃ gSA vkÃih,y çeq[k :i ls i¨Vkf'kd] QkLQsfVd rFkk
ukbVª¨thul moZjdä dh VªsfMax dk dk;Z djrh gSA blus Ms;jh rFkk phuh O;olk; esa Òh dne j[kk
gSA o"kZ 2015&16 ds nkSjku bl daiuh us ` 16]461 dj¨M+ dk fcØh dkj¨ckj fd;k FkkA bQd¨ d¨
vkÃih,y ls o"kZ 2015&16 ds fy, ykÒka'k ds :Ik esa ` 1-46 dj¨M+ çkIr gq,A
70
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Managing Director addressing the employees at IFFCO Sadan during Vigilance Awareness Week
commodity exchange in the country promoted by national level institutions. This unique
parentage enables it to offer a bouquet of benefits, which are currently in short supply in the
commodity markets. The institutional promoters and shareholders of NCDEX are
prominent players in their respective fields and bring with them institutional building
experience, trust, nationwide reach, technology and risk management skills. NCDEX is a
nation-level, technology driven de-mutualised on-line commodity exchange with an
independent Board of Directors and professional management - both not having any
vested interest in commodity markets. It is committed to provide a world-class commodity
exchange platform for market participants to trade in a wide spectrum of commodity
derivatives driven by best global practices, professionalism and transparency. IFFCO holds
10% in the total paid up equity Share Capital of NCDEX.
NCDEX offers 25 commodities contracts, which include 22 agricultural commodities
contracts, 1 bullion commodity contract and 2 metals commodities contracts. NCDEX has
over 257 trading cum clearing members, 221 trading members, 7 Strategic Trading cum
Clearing Members and 1 Professional Clearing member. NCDEX has accredited more than Participants during the finals of
296 warehouses, with a storage capacity of about 14 lakhs MT for storage and delivery of IFFCO Management Quiz
commodities traded on its platform. Besides, NCDEX has approved 80 COMTRACK
participants, 12 clearing banks for ensuring smooth operations, clearing and settlement of
trades put through by its trading and clearing members.
The Average Daily Traded Value (ADTV) decreased over 42 % from ` 3967crore in 2015-16
to ` 2296 crore in 2016-17. IFFCO holds an investment of
Indian Potash Limited (IPL) ` 2.68 Crore in Indian Potash
IFFCO holds an investment of ` 2.68 Crore in Indian Potash Limited (IPL) with equity holding at Limited (IPL)
33.99% in the paid up equity share capital of IPL. IPL is primarily engaged in the trading of
imported potassic, phosphatic and nitrogenous fertilisers. It has also diversified into the Dairy
and Sugar business. During the year 2015-16, the company achieved a sales turnover of
` 16,461 crore. IFFCO received a dividend of ` 1.46 crore from IPL for the year 2015-16.
71
bQdks ikjknhi la;a= dk fogaxe n`';
bQd¨&,e lh ØkWi lkbal çkbosV fyfeVsM

bQd¨&,e lh ØkWi lkbal çkbosV fyfeVsM dk fuxeu 28 vxLr] 2015 d¨ bafM;u QkjelZ
QÆVykbtj d¨vkijsfVo fyfeVsM ¼bQd¨½ rFkk feRlqfc”kh dkji¨js'ku] tkiku ds chp ,d la;qDr
m|e daiuh ds :i esa fd;k x;k FkkA daiuh esa bQd¨ dh bfDoVh Òkxhnkjh 51 çfr'kr rFkk
feRlqfc'kh dkji¨js'ku dh Òkxhnkjh 49 çfr'kr gSA daiuh ds funs'kd eaMy esa 7 funs'kd gSa ftuesa ls
4 bQd¨ }kjk rFkk 3 feRlqfc'kh dkji¨js'ku] tkiku }kjk ukfer fd;s x;s gSaA
daiuh d¨ ns'k esa ,xzh buiqV cktkj ij etcwr idM+ j[kus okyh laLFkk bQd¨ rFkk ,xz¨ dsfedYl
O;kikj esa vUrjkZ"Vªh; Lrj dh fo'ks"kKrk çkIr laLFkk feRlqfc'kh dkWjiksjs'ku] tkiku dk lg;¨x çkIr
gSA daiuh dk y{; ns'k ds lqnwjorhZ {ks=ä esa fdlkuä d¨ okftc ewY; ij xq.koŸkk okys d`f"k jlk;u
miyC/k djkuk gSA
daiuh us jch 2015&16 ls 10 jkT;ä esa viuk dk;Z 'kq: fd;k Fkk v©j vc ;g 16 jkT;ä esa viuk
O;kikj QSyk pqdh gS rFkk bldh iwjs ns'k esa vius O;kikj d¨ QSykus dh ;¨tuk gSA 'kq: esa] bl daiuh
us rhu çeq[k Js.kh ds isLVhlkbM vFkkZr [kjirokj uk'kd] dhVuk'kd rFkk QQwan uk'kd ds 18
bQdks {ks= çn'kZu mRikn yk¡p fd, FksA vc daiuh ds mRiknä dh Ükà[kyk esa 36 mRikn tqM+ pqds gSa rFkk blls Òh vf/kd
mRiknä d¨ doj djus dh ;¨tuk gS rkfd fdlkuä d¨ Qlyä ds laj{k.k ds fy, dEiyhV lŸ;w'ku
miyC/k djk;k tk ldsA o"kZ 2016&17 ds n©jku daiuh us R 62-68 dj¨M+ dk dkj¨ckj fd;kA
xzkgdä ds ykÒ ds fy, daiuh us ^^fdlku lqj{kk chek ;¨tuk^^ uked ,d chek ;¨tuk vkjaÒ dh gSA
;g ;¨tuk d`f"k jlk;u ds {ks= esa vuwBh gS rFkk ;g bQd¨&,elh ds xzkgdä d¨ nqÄZVuk chek
dojst çnku djrh gSA
bQd¨ fdlku ,lÃtSM fyfeVsM

bQd¨ dh iw.kZ LokfeRo okyh laLFkk bQd¨ fdlku ,lÃtSM fyfeVsM ¼vkÃds,lÃtSM½ }kjk uSYywj]
vka/kz çns'k esa cgq&mRikn ,lÃtSM fodflr fd;k tk jgk gSA xeslk fjU;w,cy ,uthZ çk0 fyfeVsM
}kjk ,dhd`r fofuekZ.k lqfo/kk ds fy, 150 ,dM+ Òwfe ds yht MhM dk iathdj.k dj fy;k x;k gS A
mlesa fuekZ.k xfrfof/k;ka py jgh gSaA ukWu&vYd¨gfyd csojsftt ;wfuV dh LFkkiuk ds fy,
fgUnqLrku d¨dkdÿk csojsftt çk0 fyfeVsM ¼,plhlhch½ }kjk iwoZ ifj;¨tuk dk;Z fd;s tk jgs gSaA
bQd¨ lhvkjMCY;wlh ykWftfLVDl fyfeVsM }kjk 10 ,dM+ tehu ij ÒaMkjx`g rFkk dŸM LV¨jst
LFkkfir djus ds fy, O;kolkf;d ;¨tuk dk vuqe¨nu dj fn;k x;k gSA
fofÒUu bdkb;ä d¨ fo|rq forj.k ds fy, lc&LV'sku eas 33dosh lfqo/kk miyC/k djkus ds fy, viVkªLad¨
72
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Shri B. S. Nakai, Chairman IFFCO, Shri A. K. Singh, Director (CD & ESP) along with members of
Mauritian Cooperative Agriculture Federation
IFFCO-MC Crop Science Private Ltd.

IFFCO-MC Crop Science Pvt. Ltd was incorporated on 28th August 2015 as a joint
venture company between Indian Farmers Fertiliser Cooperative Limited (IFFCO) and
Mitsubishi Corporation, Japan. The company has equity participation of 51% from
IFFCO and 49% from Mitsubishi Corporation. The company has 7 Directors on its Board
of which 4 are nominated by IFFCO and 3 by Mitsubishi Corporation, Japan.
The company derives synergy with IFFCO having a strong presence in agri-input market in
the country and Mitsubishi Corporation, Japan, having expertise in agrochemical
business internationally. The company aims to make available quality agrochemicals at a
reasonable price to the farmers even in far flung areas of the country.
The company started its operations from Rabi 2015-16 in 10 states and has already
expanded business to 16 states with plans to spread its operations pan India. Initially,
18 products were launched by the company covering the three major categories of
pesticides viz., herbicides, insecticides and fungicides. The product basket has Shri A. K. Singh, Director (CD & ESP) signing an
already been enlarged to 36 products with more products planned to be covered with MoU with Mauritian Cooperatives Agriculture
an intention to provide complete solution to farmers for their crop protection needs. Federation for mutual cooperation
Company's turnover during 2016-17 was ` 62.68 crore.
For the benefit of the customers, the company has introduced a novel insurance scheme
named “Kisan Suraksha Bima Yojana”. The scheme is unique in the agrochemical sector
and provides accidental insurance coverage to the customers of IFFCO-MC.
IFFCO KISAN SEZ Limited

Multi-Product SEZ is being developed in Nellore, Andhra Pradesh, by IFFCO Kisan SEZ
Limited (IKSEZ), a wholly owned subsidiary of IFFCO. Lease deed for 150 acres land for
setting up an integrated manufacturing facility by Gamesa Renewabale Energy Pvt
Ltd. was registered. The construction activities are in progress. Pre-project activities by
Hindustan Coca-Cola Beverages Pvt Ltd. (HCCB) for setting up a Non-Alcoholic
Beverages Unit are in progress. Business plan has been approved to set up a
Warehousing and Cold Storage on 10 acres of land by IFFCO CRWC Logistics Ltd.
APTRANSCO was requested to provide 33 KV facility with substation for distribution of power
to various units. APTRANSCO has finalized the contractor after competitive bidding. The
73
bQdks Lo.kZ t;arh dk;ZØe ds volj ij mÙkj iwoZ jkT; ds lgdkjh cU/kqvksa dk Lokxr djrs gq,]
MkW- mn; 'kadj voLFkh] çca/k funs'kd ,oa Jh euh"k xqIrk] funs'kd ¼LVªSVsth ,oa la;qDr m|e½
ls vujq¨/k fd;k x;k gAS viVkªLad¨ us çfrLi/khZ fufonkd

a u ds ckn Bds nskj r; dj fn;k gS A lc&LVs'ku
dk fuek.Zk dk;Z 'khÄz 'k:
q güs dh lÒakouk gAS
uYsy©j eas Òkoh fuo'skdä dh ekx
a d¨ n[skrs g,q ,lÃtM
S ds dNq Ò[wkM
a ä dh vf/klp
w uk jÌ dj nh xÃ gS rFkk
mUgas MëfsLVd VfSjQ tü eas cny fn;k x;k gAS
bl ,lÃtSM esa dk;Zjr ,xz¨ ç¨lsÇlx bdkÃ }kjk ` 31 dj¨M+ ls vf/kd ewY; dh ç¨lsLM ykyfepZ]
I;kt] pkoy rFkk ckxokuh mRikn vkfn dk fu;kZr fd;k x;k gSA
çfrf"Br daifu;ä }kjk nygu çlaLdj.k bdkÃ] fu;kZr gsrq vkWVë¨fVo LVhy eSuqQSDpÇjx bdkÃ]
vkWVë¨ckby eSuqQSDpÇjx] rjy tSo moZjdä dk mRiknu rFkk iks"kd o uSu¨&flfydk bdkb;ä dh
LFkkiuk fd;s tkus laca/kh çLrkoä ij Òh lfØ; :i ls fopkj fd;k tk jgk gSA
lkbV ij vk/kkjÒwr lqfo/kkvä ds fodkl laca/kh çeq[k xfrfof/k;ka iwjh g¨ pqdh gSaA dkji¨jsV
lkekftd nkf;Ro ds r©j ij dqN dk;Z fd, x, gSa tSls LokLF; f'kfoj dk vk;¨tu] Ldwyä d¨
iowkÙZskj jkT; ds fdlkukas ds chp çc/ak fun'skd] Vªh&xkMZ çnku djuk rFkk vklikl ds xkoä esa Li¨V~lZ fdV dk fu%'kqYd forj.k djukA
bQdks bQd¨ fdlku cktkj ,.M ykWftfLVDl fyfeVsM ¼vkÃdsch,y,y½
bQd¨ fdlku cktkj ,.M ykWftfLVDl fyfeVsM ¼vkÃdsch,y,y½ bQd¨ dh iw.kZ LokfeRo okyh
lgk;d laLFkk gS ftldk dkaMyk esa dSfIVo cktZ tSV~Vh gS v©j og bldk çpkyu Lis'ku iiZt
Oghdy ds r©j ij dj gh gSA
vkÃdsch,y,y us 16 uoEcj] 2013 d¨ cktZ tSV~Vh ij okf.kfT;d çpkyu vkjaÒ fd;k Fkk A
2016&17 ds n©jku bldh vuqekfur fuoy gkfu ` 37-04 yk[k gSA o"kZ 2015 ds n©jku dEiuh us dqy
35]000 eh0 Vu {kerk ds 3 x¨nkeä d¨ pkyw fd;k gS A bu x¨nkeä dk ç;¨x vko';drk iM+us ij
tSV~Vh ij dkx¨Z ÒaMkj.k ds fy, fd;k tk jgk gSA
pkyw o"kZ ds n©jku vc rd cktZ tSV~Vh ij dqy 8-06 yk[k eh0 Vu dSfIVo dkx¨Z ¼iksVk'k] Mh,ih rFkk
;wfj;k½ dh gSaMÇyx dh xÃ tcfd o"kZ 2015&16 esa 13-19 yk[k eh0 Vu dkxksZ dh gSaMÇyx dh xÃ
FkhA pkyw o"kZ esa gSaMy fd;s x;s dkx¨Z esa ;g deh Mh,ih ds vk;kr esa deh ds dkj.k gqÃ gS A o"kZ
2017&18 ds n©jku 10 yk[k eh0 Vu dSfIVo dkx¨Z gSaMy fd, tkus dk vuqeku gSA
bQd¨ NRrhlx<+ ikoj fyfeVsM ¼vkÃlhih,y½
bQd¨ NRrhlx<+ ikoj fyfeVsM ¼vkÃlhih,y½ bQd¨ rFkk NRrhlx<+ LVsV ikoj g¨fYMax daiuh
fyfeVsM ¼lh,lih,plh,y½ ds chp ,d la;qDr m|e daiuh gS] t¨ ljxqtk] NRrhlx<+ esa
74
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Dr. U. S. Awasthi, Managing Director felicitating the progressive farmers at the

Golden Jubilee event in Deogarh
construction of Substation is expected to commence shortly.

Some land parcels within the SEZ have been denotified and converted into Domestic
Tariff Zone. Keeping in view the demand of the prospective investors in that region.
Processed red chillies, onions, rice and garden line products etc. worth over ` 31 crore
have so far been exported by an operational Agro-Processing Unit.
Proposals are also under active consideration for Setting up of pulses processing unit,
automotive steel manufacturing facility unit for exports, automobile manufacturing,
production of Liquid Bio Fertilizers and nutrient & Nano-silica units by reputed
companies.
Major infrastructure development activities at site are over. As a part of corporate social
responsibility, programmes such as Health Camps, Donation of Tree guards to School
and Distribution of Sports kits in adjacent villages were undertaken.
IFFCO KISAN BAZAR AND LOGISTICS Limited (IKBLL) Managing Director interacting with farmers
IFFCO Kisan Bazar and Logistics Ltd. (IKBLL) is a wholly owned subsidiary of IFFCO,
which owns and operates the Captive Barge Jetty at Kandla as a Special Purpose
Vehicle.
IKBLL commenced commercial operations at the Barge Jetty on 16th November, 2013.
The estimated Net loss for the current year i.e 2016-17 is at ` 37.04 lakhs. The three
godowns with the total storage capacity of 35000 MT were commissioned in the year
2015 are being utilized for the cargo storage at the jetty as and when required.
The total captive cargo handled (Potash, DAP and Urea) at the Barge Jetty during 2016-
17 was 8.06 Lakh MT as compared to 13.19 Lakh MT handled during 2015-16. The
cargo handling was lower during the current year due to lower imports of DAP. The
captive cargo to be handled during 2017-18 is estimated at 10 Lakh MT.
IFFCO Chhattisgarh Power Limited (ICPL)

IFFCO Chhattisgarh Power Limited (ICPL) is a joint venture company of IFFCO and
Chhattisgarh State Power Holding Company Ltd. (CSPHCL) for setting up a 1,320 MW
coal based super critical Mega Power Plant in District Surajpur of Chhattisgarh State.
75
cjsyh esa vk;ksftr Lo.kZ t;arh lekjksg esa ^^bQdks ;qok** ykWUp djrs gq,] dsUnzh; foÙk jkT; ea=h
Jh lUrks"k xaxokj o MkW- mn; 'kadj voLFkh
lqijfØfVdy VsDuÿkWth ij vk/kkfjr 1320 esxkokV {kerk dk d¨;ys ls pyus okyk fo'kky fo|qr
la;a= LFkkfir djus ds fy, cukÃ xÃ gSA
rFkkfi] Òkjr ds ekuuh; lo¨ZPp U;k;ky; }kjk d¨;yk CykWdä dk vkcaVu jÌ dj fn, tkus dh otg
ls fLFkfr;ka iwjh rjg cny xÃ gSaS v©j bQd¨ vkÃlhih,y esa fuosf'kr viuh laiw.kZ 'ks;jiwath d¨
NŸkhlx<+ LVsV ikoj g¨ÇYMx daiuh fy0 ¼jkT; ljdkj dk miØe½ d¨ varfjr djus dh laÒkouk,a
ryk'k jgh gS A bl ekeys dh jkT; ljdkj ds lkFk iSjoh dh tk jgh gS v©j jkT; ljdkj ls vuqj¨/k
fd;k x;k gS fd og bl ifj;¨tuk ds fy, vf/kxzghr dh xÃ Òwfe ds oSdfYid bLrseky ds fy,
NŸkhlx<+ jkT; v©|¨fxd fuxe d¨ funs'k nsa A
bQd¨ Ã&cktkj fyfeVsM
bQd¨ Ã&cktkj fy0 bQd¨ dh 'kr&çfr'kr LokfeRo okyh lgk;d laLFkk gS A bl laLFkk us vius
czkaM bQd¨ bZ&cktkj ds uke ls vçSy] 2016 esa viuk dk;Z vkjaÒ fd;k gS A bl laLFkk dk mÌs';
fdlkuä d¨ xzkeh.k {ks=ä esa vk/kqfud [kqnjk O;kikj ds ekè;e ls ,d gh LFkku ij d`f"k vknku o lsok,a
dksjMsV] bykgkckn }kjk çf'k{k.k ,oa Hkze.k dk;ZØe
miyC/k djkuk gSA
vkjaÒ ls gh daiuh us 17 ls vf/kd jkT;ä esa viuk dkj¨ckj QSyk;k gqvk gS rFkk blds dqy 152 LV¨j
[kÿs tk pqds gSaA orZeku esa fdlkuä d¨ miyC/k djk, tkus okys mRiknä esa cht] moZjd] tSo moZjd]
dhVuk'kd] tSo mRçsjd ¼LVheqysaV~l½] i'kqpkjk vkfn 'kkfey gSaA bu dsUnzä ds ekè;e ls feV~Vh dh
tkap dh lqfo/kk Òh miyC/k djkÃ tk jgh gSA
bQd¨ bZ&cktkj dk mÌs';] vU; mRikn o lsok,a tSls &LokLF; tkap] ekbØ¨ cSaÇdx vkfn miyC/k
djkuk gS rkfd fdlkuä dh t:jrä d¨ ,d gh LFkku ij iwjk fd;k tk ldsA bQd¨ bZ&cktkj ds
dqN vU; dk;¨± eas fdlkuä ds fy, mi;¨xh enas tl S s Lç;sl]Z lÿj ,yÃMh ykbVas vkfn miyC/k djkuk gAS
bQd¨ Ã&cktkj us xzkeh.k Òkjr ds lkFk lg;¨x djus ds fy, rFkk efgykvä ds l'kfDrdj.k ds
fy, ,d Ýsapkbth ekWMy rFkk fdlku fe= ;¨tuk 'kq: dh gSA bu ekWMYl ds ekè;e ls efgyk
m|fe;ä d¨ fo'ks"k balasfVo çnku fd;k tkrk gSA
bQd¨ cktkj us ,d egRokdka{kh foLrkj ;¨tuk cukÃ gS ftlds varxZr iwjs Òkjr esa fdlkuä d¨
muds Äj ds lehi okftc ewY;ä ij mŸke xq.koŸkk ds mRikn o lsok,a miyC/k djkus ds fy, vf/kd
ls vf/kd dsUnz [kÿs tk,axsA
v®eku bafM;k QÆVykbtj dEiuh ¼v®ebQd¨½
v®eku bafM;k QfVZykbtj dEiuh ¼v®ebQd¨½] vkseku esa ,d la;qDr m|e dEiuh gS ftlesa lfefr
76
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
View of the IKBLL Barge Jetty at Kandla Unit
However, owing to cancellation of Coal blocks by the Hon'ble Supreme Court of India,
the scenario has completely changed and IFFCO is exploring the possibility to transfer its
entire equity in ICPL to Chhattisgarh State Power Holding Company Limited (A State
Government Undertaking). The matter is also under follow up with the State Government to
advise Chhattisgarh State Industrial Corporation for alternative use of the land acquired for
this project.
IFFCO eBazar Ltd.

IFFCO eBazar Ltd, a 100% owned subsidiary of IFFCO Ltd. started its operations in
April 2016, under the brand name IFFCO eBazar, with the objective of providing modern
retail experience in rural India to deliver Agri inputs & Services to the Farming
community under one roof.
Since inception, the Company has expanded its operations in more than 17 States with
a total of 152 stores under operation. Presently products being made available to the Crop demonstration to farmers using modern
farmers include seeds, fertilizers, bio fertilizers, pesticide, bio stimulants, cattle feed farming techniques
etc. Through these Centers, the facility of Soil testing is also provided.
IFFCO eBazar aims at providing other products & services such as Health Check-up,
Micro Banking etc. to make it a true One Stop solution to the Farmers. Some other initiatives
of IFFCO eBazar include marketing of items of utility for farmers like sprayers, solar LED
lights etc.
IFFCO eBazar has unveiled a Franchisee model and Kisan Mitra scheme to partner with
the rural India and to promote Women Empowerment. These models have special
Incentives for women entrepreneurs. IFFCO eBazar has an ambitious expansion plan
by opening more centers to make available quality products and services at most
reasonable prices to the farmers at their doorstep across India.
Oman India Fertiliser Company (OMIFCO)

Oman India Fertiliser Company (OMIFCO) is a Joint Venture Company in Oman in which
Society had invested an amount of ` 329 crore with 25 percent equity stake. OMIFCO
operates a modern world scale two-trains fertilizer complex of Ammonia-Urea having an
installed capacity of 1.65 million MT Urea and 0.25 million MT surplus Ammonia at the Sur
77
us ` 329 dj¨M+ dk fuos'k djds 25 çfr'kr bfDoVh dk vf/kxzg.k fd;k FkkA v®ebQd¨ lqj
baMfLVª;y bLVsV] lYrur vkWQ v®eku esa fo'o Lrjh; n¨ Vªsu okys moZjd ve¨fu;k&;wfj;k
dkWEIysDl dk çpkyu djrh gS ftudh okf"kZd laLFkkfir {kerk 1-65 fefy;u eh- Vu ;wfj;k rFkk
0-25 fefy;u eh- Vu ljIyl ve¨fu;k gSA la;a= ds pkyw güs ls ysdj vc rd ;wfj;k rFkk ve¨fu;k
dk dqy mRiknu Øe'k% 22-4 fefy;u eh0 Vu rFkk 14-8 fefy;u eh0 Vu igqap x;k gS A
31 fnlEcj] 2016 d¨ lekIr o"kZ ds nkSjku Òh v®ebQd¨ us mRd`"V dk;Zfu"iknu fd;k gS v©j
egRoiw.kZ miyfC/k;ka gkfly dh gSaA daiuh us 2-06 fefy;u eh0 Vu ;wfj;k v©j 0-16 fefy;u eh-Vu
ljIyl ve¨fu;k dh fcØh dh gS rFkk 335 fefy;u vesfjdh Mkyj dk jktLo ¼xr o"kZ 319
fefy;u vesfjdh Mkyj½ rFkk 37 fefy;u vesfjdh Mkyj ¼xr o"kZ 30-9 fefy;u vesfjdh Mkyj½ dk
dj i'pkr ykÒ vftZr fd;k gSA bl o"kZ ds nkSjku bQd¨ d¨ v®ebQd¨ ls 16-7 fefy;u vesfjdh
Mkyj dk ykÒka'k çkIr gqvk gSA o"kZ ds n©jku v®ebQd¨ d¨ çeq[k m|¨xä dh Js.kh esa 'kkunkj
dk;Zfu"iknu ds fy, çfrf"Br **baMfLVª;y ,Dlhysal di 2015 ds fy, lqYrku dkcwl
vokMZ** çnku fd;k x;kA
fdlku baVjus'kuy VªsfMax ,QtSMÃ ¼dsvkÃVh½

fdlku baVjus'kuy VªsfMax ¼dsvkÃVh½] bQd¨ dh ,d laiw.kZ LokfeRo okyh lgk;d laLFkk gSA
dsvkÃVh us 31 ekpZ] 2017 d¨ dk;Zpkyu dk viuk 12oka foRr o"kZ iwjk dj fy;k gSA dsvkÃVh dh
LFkkiuk bQd¨ dh ,d varjkZ"Vªh; O;kikfjd laLFkk ds :i esa dh xÃ Fkh ftldk mís'; bQd¨ ds
fo'oÒj esa QSys xzkgdä] mRikndksa rFkk forjdä dh ekax d¨ iwjk djus ds fy, fofÒUu rS;kj moZjdä]
moZjd ds dPps eky rFkk e/;orÊ mRiknä ds fy, vk;kr] fu;kZr rFkk ykWftfLVDl li¨VZ ds dk;Z
d¨ ns[kuk gSA blus fo'o Lrj ij çeq[k fofuekZrkv®a] çR;{k foØsrkv®a rFkk O;kikfjd laLFkkv®a ds
lkFk 'kkunkj O;kikfjd laca/k fodflr fd, gSa] rFkk blus vR;f/kd çfrLi/kÊ moZjd dkj¨ckj esa ,d
çfrf"Br varjkZ"Vªh; VªsfMax daiuh ds :i esa LFkku cuk;k gSA
dsvkÃVh fons'k esa la;qDr m|eä dk irk yxkus] fuos'k djus rFkk mudk fodkl djus esa Òh bQd¨
dk lg;¨x djrh gSA dsvkÃVh bQd¨ o vU; xzkgdä ds fy, ve¨fu;k] QkLQ¨fjd ,flM rFkk jkWd
QkLQsV ds leqnzh ifjogu laca/kh ykWftfLVDl dk dk;Z djrh gSA dsvkÃVh us fons'kä esa [kfut
{ks= çn'kZu dk;ZØe lalk/kuä d¨ çkIr djus rFkk bQd¨ ds xzkgdä dh ekax d¨ iwjk djus ds fy, fons'kh la;qDr m|eä ls
e/;orhZ rFkk rS;kj moZjd mRiknä dh [kjhn djus ds fy, LVªSVsftd fuos'k fd, gSaA
'kq: ls gh dsvkÃVh ykÒ vftZr djus okyh daiuh jgh gSA 31 ekpZ] 2016 d¨ lekIr o"kZ ds fy, blus
bQd¨ d¨ 2-739 fefy;u vesfjdh Mkyj dk ykÒka'k fn;k gSA
t¨MZu bafM;k QfVZykbtj daiuh ¼ftQd¨½

t¨MZu bafM;k QfVZykbtj daiuh ¼ftQd¨½ ,d la;qDr m|e daiuh gS t¨ vEeku] t¨MZu esa fuxfer
dh xÃ gSA bl daiuh esa bQd¨ dh bfDoVh ¼27 çfr'kr½ rFkk dsvkÃVh dh ¼25 çfr'kr½ vkSj nüä d¨
feykdj 52 çfr'kr Òkxhnkjh gS tcfd tsih,elh dh bfDoVh Òkxhnkjh 48 çfr'kr gSA
bl diauh us t¨MuZ ds b'khfn;k eas ,d QkLWQ¨fjd ,flM mRiknu l;a= a o mldh lgk;d lfqo/kkvä dh
LFkkiuk dh gS ftldh okÆ"kd mRiknu {kerk 4]75]000 Vu ih2v¨5 gAS ftQd¨ us 1 fnlEcj] 2014 d¨
fu;fer vkij'sku vkjÒa djus dh Ä¨"k.kk dh FkhA egkefge jk"Viªfr Jh ç.kc e[qkthZ rFkk tkM
s uZ ds
egkefge lekzV vCknYqyk II us 10 vDrcwj] 2015 d¨ bl l;a=
a d¨ t¨MuZ d¨ leÆir fd;k FkkA
tsih,elh nhÄkZof/kd jkWd vkiwÆr djkjä ds rgr bl ifj;¨tuk ds fy, jkWd QkWLQsV dh vkiwÆr dj
jgh gS v©j dsvkÃVh nhÄkZof/kd QkWLQ¨fjd ,flM vkWQVsd djkj ds varxZr QWkLQ¨fjd ,flM dh
vf/kdka'k ek=k ¼de ls de 70 çfr'kr½ dh [kjhn dj jgh gSA
baVjus'kuy Qkbusal dkji¨js'ku ¼vkÃ,Qlh½ rFkk ;wj¨fi;u bUosLVesaV cSad bl ifj;¨tuk ds eq[;
_.knkrk gSaA
o"kZ 2016 ds n©jku ftQd¨ us 96-8 çfr'kr {kerk dk mi;¨x djds ih2v¨5 ds :i esa 4]60]005 Vu
QWkLQ¨fjd ,flM dk mRiknu fd;kA
baMLVªht f'kfeDl Mw lsusxy ¼vkÃlh,l½

baMLVªht f'kfeDl Mw lsusxy ¼vkÃlh,l½ dh QkWLQ¨fjd ,flM ¼ih2 v®5½ dh okf"kZd mRiknu {kerk
6]60]000 eh0Vu gSA
bldh mRiknu {kerk c<+kus o daiuh d¨ lq–<+ cukus ds fy, nhÄkZof/kd fodkl ;¨tuk ds rgr
vxLr] 2014 esa foŸkh; fjLVªDpÇjx çfØ;k 'kq: dh xÃ FkhA baM¨jek g¨ÇYMx choh uhnjySaM~l }kjk
çLrkfor iqu#)kj ;¨tuk ds vk/kkj ij ;g r; fd;k x;k Fkk fd vkÃlh,l esa eq[; Òkxhnkj ds r©j
78
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Industrial Estate in the Sultanate of Oman. The cumulative production of Urea and
Ammonia since inception has reached 22.4 million MT and 14.8 million MT, respectively.
During the year ended 31st December 2016, OMIFCO maintained its excellent performance
and made significant achievements. The Company sold 2.06 Million MT Urea, 0.16 million
MT surplus Ammonia with its revenues at US $ 335 million (Previous Year US $ 319 million)
and Profit after Tax at US $ 37 million (Previous Year US $ 30.9 million). IFFCO received
dividend of US $ 16.7 million from OMIFCO during the year. During the year, OMIFCO was
awarded the prestigious 'Sultan Qaboos Award for Industrial Excellence Cup 2015' in
recognition of excellent performance in major industries category.
Kisan International Trading FZE (KIT)

Kisan International Trading (KIT) is a wholly owned subsidiary of IFFCO. KIT has completed
its 12th Financial Year of operations on 31st March 2017. KIT was set up as an international
trading arm to handle imports, exports and logistics support for various finished fertilisers,
fertiliser raw materials and intermediates to meet the demands of producers, customers
and distributors worldwide. It has developed excellent business linkages with leading
manufacturers, direct sellers and trade entities worldwide, and has evolved as a reputed
international trading company in the highly competitive fertiliser business.
KIT also supports IFFCO in identifying, investing and developing overseas Joint Ventures.
KIT undertakes logistics involving ocean transport of Ammonia, Phosphoric acid and Rock
phosphate for IFFCO and other customers. KIT has made strategic investments with a view
to secure mineral resources overseas and procures fertiliser intermediates and finished
products from overseas Joint Ventures to meet the demand of IFFCO's customers.
Since inception, KIT has been a profitable establishment. For the year ending 31st
March 2016, it paid a dividend of US $ 2.739 million to IFFCO.
Jordan India Fertilizer Company (JIFCO) A farmer meet & training

Jordan India Fertilizer Company (JIFCO), a Joint Venture Company incorporated in programme at Kota, Rajasthan
Amman, Jordan in which IFFCO (27%) and KIT(25%) together hold 52% equity, while
JPMC holds 48% equity in JIFCO.
The Company has implemented a Phosphoric Acid complex with associated facilities at
Eshidiya in Jordan having the annual capacity to produce 4,75,000 tonnes of P2O5 per
annum. JIFCO declared commencement of regular operations on December 1, 2014.
The plant was dedicated to Jordan by Hon'ble President, Mr. Pranab Mukherjee and His
Majesty, King Abdullah II of Jordan on October 10, 2015.
Pursuant to the long term Rock Supply Agreement, JPMC is supplying the Rock
Phosphate for the Project and KIT is purchasing the majority of Phosphoric Acid
(minimum 70%) produced under a long term Phosphoric Acid Off-Take Agreement.
International Finance Corporation (IFC) and European Investment Bank (EIB) are
Senior Lenders for the project.
For the year 2016, JIFCO produced 4,60,005 tonnes of Phosphoric Acid in terms of
P2O5, achieving a capacity utilization of 96.8%.
Industries Chimiques Du Senegal (ICS)

Industries Chimiques du Senegal (ICS) has the capacity to produce 6,60,000 MT of
Phosphoric Acid (P2O5) per year.
In the context of a long term development plan for increasing production capacity as
well as to strengthen the Company, a financial restructuring process was taken up in
August, 2014. Based on the revival plan proposed by Indorama Holdings B.V.
Netherlands, it was agreed that Indorama would be inducted as a majority shareholder
in ICS, with equity shareholding of 78%. Consequently, on account of induction of
Indorama in August, 2014, the equity shareholding of IFFCO reduced from 18.54% to
6.78%, Government of India's shareholding reduced form 0.46% to 0.22% while the
shareholding of Government of Senegal remained the same at 15%.
For the year 2016, ICS exported 3, 81,492 tonnes of Phosphoric Acid in terms of P2O5 to
IFFCO.
79
ij baM¨jek d¨ 'kkfey fd;k tk,xk ftldh bfDoVh g¨ÇYMx 78 çfr'kr g¨xhA blds
ifj.kkeLo:i] vxLr] 2014 esa baM¨jek d¨ 'kkfey djus ds ckn bQd¨ dh 'ks;jiwath 18-54
çfr'kr ls ÄVdj 6-78 çfr'kr] Òkjr ljdkj dh 'ks;jg¨ÇYMx 0-46 çfr'kr ls ÄVdj 0-22
çfr'kr jg xÃ gS tcfd flusxy ljdkj dh 'ks;j g¨ÇYMx 15 çfr'kr gh gS A
o"kZ 2016 esa vkÃlh,l us bQd¨ d¨ ih2v¨5ds :i esa 3]81]492 eh-Vu QkLQ¨fjd ,flM dk
fu;kZr fd;kA
bQd¨ fdlku lsok VªLV ¼vkÃds,lVh½
vkÃds,lVh dh LFkkiuk bQd¨ rFkk bQd¨ deZpkfj;ä ds va'knku ls dh xÃ Fkh A bl VªLV us
xjhcä rFkk t:jrean fdlkuä dh lgk;rk ds fy, vusd xfrfof/k;ka pykÃ gSa A vkÃds,lVh us
usiky rFkk xqtjkr ds ÒwdEi ihfM+rä] rfeyukMq] tEew o d'ehj rFkk mŸkjk[kaM ds ck<+ ihfM+rä o
baMüsf'k;k] Jhyadk o Òkjr ds lqukeh ihfM+rä d¨ jkgr lkexzh miyC/k djkÃ gS A ;g VªLV
ihfM+r fdlkuä d¨ Òh jkgr miyC/k djk jgk gSA ;g VªLV fdlkuä d¨ fpfdRlk lgk;rk miyC/k
djkus ds fy, us= tkap f'kfoj] LokLF; tkap f'kfoj dk vk;kstu djrk gS rFkk fdlkuä ds chp
nokb;ä ds forj.k vkSj fpfdRlk midj.k dh [kjhn ds fy, xzkeh.k vLirkyä d¨ foRrh;
lgk;rk çnku djkrk gS A ;g jsMØkl l¨lkbVh ds ek/;e ls jDr dh O;oLFkk v©j fofÒUu
vLirkyä esa fdlkuä ds mipkj ds fy, foRrh; lgk;rk çnku djk jgk gSA
vkÃd,slVh xjhch j[skk ls uhps thou ;kiu djus okys fdlkuä d¨ fpfdRlk lgk;rk rFkk xjhc o
t:jrena fdlkuä ds cPpä d¨ Nk=of`r çnku djds mUgas fu;fer :i ls foŸkh; lgk;rk miyC/k
djkrk gS A
o"kZ ds nkSjku] bl VªLV us ejhtä d¨ fpfdRlk lqfo/kk,a miyC/k djkus ds fy, `171-18 yk[k rFkk
N¨Vs o lhekUr fdlkuä ds Nk=ä d¨ Nk=o`fÙk ds :Ik esa `29-45 yk[k dh jkf'k O;; dhA VªLV us
lw[ks rFkk csse©le dh ckfj'k ls ihfM+r fdlkuä ds fy, `1-80 yk[k dh foŸkh; lgk;rk çnku dhA
bafM;u QkeZ Q¨jsLVªh MsoyiesaV d¨vkijsfVo fyfeVsM ¼vkÃ,Q,QMhlh½
bQd¨ us 1993 esa bafM;u QkeZ Q¨jsLVªh MsoyiesaV d¨vkijsfVo fyfeVsM ¼vkÃ,Q,QMhlh½ uked
,d vyx cgqjkT; lgdkjh lfefr dk çorZu fd;k Fkk] ftldk eq[; mís'; lkewfgd ç;klä
ls lrr çkÑfrd lalk/ku çca/ku ds ek/;e ls catj Òwfe ij o`{kkjï.k djuk v©j fu/kZu xzkeh.k
ty esa ?kqyu'khy moZjd dk {ks= çn'kZu y¨xä ds lkekftd&vkfFkZd Lrj d¨ Åapk mBkuk gSA bl mís'; dh çkfIr ds fy,
vkÃ,Q,QMhlh us 'kq# esa mRrj çns'k] e/; çns'k v©j jktLFkku jkT;ä dh gYds ntsZ dh Òwfe
dk lq/kkj djus v©j j¨txkj ds volj iSnk djus o y¨xä d¨ Ãa/ku v©j i'kq pkjk miyC/k djkus
ds fy, okfudh v©j xzkeh.k fodkl ifj;¨tuk,a vkjaÒ dh FkhA 152 xzke Lrjh; çkFkfed ç{ks=
okfudh lgdkjh lfefr;ä ¼ih,Q,Qlh,l½ dk xBu djds yxHkx 29]420 gsDVs;j ijrh Òwfe esa
ou yxkus dk dk;Z lEiUu dj fy;k x;k gSA bu çkFkfed ç{ks= okfudh lgdkjh lfefr;ä ds
yxÒx 19]331 lnL; gSa ftuesa ls yxÒx 38 çfr'kr Òwfeghu rFkk 51 çfr'kr yÄq@lhekar
fdlku gSaA bu lgdkjh lfefr;ä esa 32 çfr'kr efgyk lnL; gSaSA vkÃ,Q,QMhlh bl le;
vkÃ,Q,QMhlh 12 jkT;ä ds yxÒx mŸkj çns'k] mŸkjk[kaM] eè; çns'k] jktLFkku] >kj[kaM] v¨fM'kk] NRrhlx<+] rsyaxkuk] if'pe
caxky] gfj;k.kk] egkjk"Vª rFkk fgekpy çns'k esa dk;Z dj jgh gS v©j ` 18-10 dj¨M+ ls vf/kd dh
9495 xkaoä esa thfodk rFkk çkÑfrd fofHkUu ifj;¨tuk,a dk;kZfUor dj jgh gaSA
lalk/ku çca/ku ij 27 ls vf/kd bl le;] vkÃ,Q,QMhlh 12 jkT;ä ds yxÒx 9495 xkaoä esa thfodk rFkk çkÑfrd lalk/ku
ifj;¨tuk,a dk;kZfUor dj jgh gS çca/ku ij 27 ls vf/kd ifj;¨tuk,a dk;kZfUor dj jgh gS v©j 16]583 gsDVs;j {ks= esa okVj 'ksM
ifj;¨tuk,a pyk jgh gSA vkÃ,Q,QMhlh us ukckMZ dh Òkxhnkjh ls fofÒUu jkT;ä esa
Ñf"k&ckxokuh dk;ZØe ds varxZr 8515 okM+h ¼ifjokj½ fodflr fd, gSaA fofÒUu ifj;¨tukvä ds
varxZr vkÃ,Q,QMhlh 1054 Lo;a lgk;rk lewg pyk jgh gS ftlesa dqy 12027 lnL; gS
ftuesa 95 çfr'kr efgyk lnL; gSaA
vkÃ,Q,QMhlh cht cgqyhdj.k dk dk;Z Òh dj jgh gS v©j blus gfj;k.kk] mRrj çns'k] iatkc]
jktLFkku] e/; çns'k] egkjk"Vª rFkk dukZVd jkT;ä esa fdlkuä ds [ksrä esa cht mRiknu dk;ZØe
pyk;k gS rkfd xq.koRrk okys chtä dh vkiwfrZ c<+kÃ tk ldsA o"kZ 2016&17 ds n©jku [kjhQ
Qlyä vFkkZr /kku] ewax] l¨;kchu] fry] gkbfczM cktjk] twV] I;kt rFkk jch Qlyä vFkkZr xsgwa]
tkS] puk] ljlä] /kfu;k Qlyä ds dqy 2-77 yk[k fDoaVy çekf.kr cht fcØh ds fy, fdlkuä d¨
bQd¨ fdlku lsok dsUnzä ¼,Q,llh½] bQd¨ Ã&cktkj] vkÃ,Q,QMhlh fdlku lsok dsUnzä]
vkÃ,Q,QMhlh d`f"k okfudh lsok dsUnzä ¼,,Q,llh½] çkFkfed d`f"k ç{ks= okfudh lgdkjh
lfefr;ä ¼ih,Q,Qlh,l½] lgdkjh lfefr;ä] ljdkj ds ekè;e ls miyC/k djk;s x;s rFkk
d`f"k foÒkx d¨ jk"Vªh; frygu o vkW;y ikWe fe'ku ¼,u,ev¨vïh½ rFkk jk"Vªh; [kk| lqj{kk
fe'ku ¼,u,Q,l,e½ dh feuh fdV ;¨tuk ds varxZr miyC/k djk;s x;sA bl çdkj
vkÃ,Q,QMhlh jk"Vª ds fy, [kk| lqj{kk lqfuf'pr djus rFkk fdlkuä ds fy, cht mRiknu
dk;ZØe dks lrr cukus esa egRoiw.kZ Òwfedk vnk dj jgh gSA
80
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
IFFCO Kisan Sewa Trust (IKST)

IKST, which was created out of contributions from IFFCO, Employees of IFFCO,had so
far undertaken a variety of activities to assist poor and needy farmers by providing relief
material to Earthquake victims of Nepal and Gujarat, Flood victims of Tamil Nadu,
Jammu & Kashmir and Uttrakhand,Tsunami victims of Indonesia, Sri Lanka and India. It
is also providing relief to the farmers in distress. It provides services to farmers by
organizing Eye Camps, Health Checkup Camps, and Financial assistance to Rural
Hospitals for distribution of medicines to farmers and for medical equipments. It has
been providing financial assistance for arranging blood through the Red Cross Society
and to various hospitals for the treatment of poor farmers.
IKST regularly provides Medical assistance to the farmers living below poverty line and
financial assistance by way of scholarships to the children of the poor and needy farmers.
During the year, the Trust spent ` 171.18 lakh towards its activities for providing critical
medical assistance to patients and ` 29.45 lakh towards scholarships to the students
belonging to the families of small and marginal farmers. The Trust has also released
financial assistance of ` 1.80 lakh for farmers in distress due to drought / unseasonal Rain.
Indian Farm Forestry Development Cooperative Limited (IFFDC)

IFFCO had promoted a separate Multi-State Cooperative Society named 'Indian Farm
Forestry Development Cooperative Limited' (IFFDC) in 1993 with the prime objective of
development of wasteland for tree plantation and to enhance the socio-economic status of
rural poor through sustainable Natural Resource Management by collective action. To
achieve this, IFFDC initially implemented afforestation and rural development projects in
the States of Uttar Pradesh, Madhya Pradesh and Rajasthan with an objective to improve
degraded land, generate employment and provide fuel and fodder to the community.
Afforestation in about 29,420 hectare wasteland has been achieved by promoting 152
villages level Primary Farm Forestry Cooperative Societies (PFFCS). These PFFCS cover
about 19,331 members, out of which, about 38 per cent are landless and 51 per cent are
small/marginal farmers. These PFFCS have 32% women members. The area of operation
Crop information & demonstration by IFFCO
of IFFDC is in the States of Uttar Pradesh, Uttarakhand, Madhya Pradesh, Rajasthan,
Jharkhand, Odisha, Chhattisgarh, Telangana, West Bengal, Haryana, Maharashtra and
Himachal Pradesh implementing various projects worth more than ` 18.10 crore.
Presently, IFFDC is implementing over 27 projects on livelihood and Natural Resources
Management in about 9495 villages across 12 States and Watershed Projects on
16,583ha area. IFFDC has developed 8515 Wadis (families) under the Agri-Horticulture
Programme in various States in partnership with NABA RD. Under various projects, IFFDC
is nurturing 1054 Self Help Groups (SHG) with a total membership of 12027 of which 95% IKST regularly provides
are women members.
IFFDC is also involved in Seed Multiplication Programme and has undertaken the Seed
Medical assistance to the
Production Programme on farmer's fields in the States of Uttar Pradesh, Punjab, Haryana, farmers living below poverty
Rajasthan, Madhya Pradesh, Maharashtra and Karnataka to augment the supply of quality
seeds. During 2016-17, Total 2.77 lakhs qtls Certified Seed of Kharif Crops i.e. Paddy, Moong,
line and financial assistance
Soybean, Sesame, Hybrid Bajra, Jute, Onion and Rabi Crops i.e. Wheat, Barley, Gram, by way of scholarships to the
Mustard, Coriander Crops were made available to the farmers through IFFCO Farmers Service
Centers (FSCs), IFFCO-eBazar, IFFDC Kisan Seva Kendra (KSKs), IFFDC Agro Forestry
children of the poor and
Service Center (AFSCs), Primary Farm Forestry Cooperative Societies (PFFCS), Cooperative needy farmers.
Societies, Government and also to Agricultural Department under Mini-kit Scheme of National
Mission on Oilseed & Oilpalm (NMOOP) and National Food Security Mission (NFSM). Thus
IFFDC is playing vital role in ensuring Food Security for the nation as well as making seed
production venture sustainable for farmers.
In addition, an area of 14,218 hectares is covered under the Seed Production Programme
during 2016-17. It is expected that, about 4.58 lakh qtls Certified Seed of Kharif Crops i.e.
Paddy, Moong, Urd, Soybean, Hybrid Bajra, Hybrid Maize, Jute, Onion and Rabi Crops i.e.
Wheat, Barley, Gram, Mustard Crops will be available for marketing during 2017-18.
Cooperative Rural Development Trust (CORDET)

The Cooperative Rural Development Trust (CORDET) is instrumental in demonstrating
various farming system models to increase the farm income by organizing various trainings
and skill development programs for youth and women. CORDET has demonstrated crop
production system, dairy, pisciculture, bee-keeping, horticulture, computer use, screen
printing, printing, welding, tailoring and embroidery, adult education programmes, fruits and
81
bQdks fdlku lHkk dk vk;kstu
blds vfrfjDr] 2016&17 ds n©jku cht mRiknu dk;ZØe ds varxZr 14]218 gSDVs;j ,fj;k doj
fd;k x;k gSA vk'kk gS fd 2017&18 ds n©jku foi.ku ds fy, [kjhQ Qlyä vFkkZr /kku] ewax] mM+n]
l¨;kchu] gkbfczM cktjk] gkbfczM eDdk] twV] I;kt rFkk jch Qlyä vFkkZr xsgwa] t©] puk] ljlä ds
yxHkx 4-58 yk[k ÇDoVy çekf.kr cht miyC/k djk;s tk,axsA
lgdkjh xzkeh.k fodkl U;kl ¼d¨jMsV½
lgdkjh xzkeh.k fodkl U;kl ¼d¨jMsV½ ;qokvä rFkk efgykvä ds fy, fofÒUu çf'k{k.k o d©'ky fodkl
dk;ZØe vk;¨ftr djds d`f"k vk; d¨ c<+kus ds fy, d`f"k iz.kkyh ds fofHkUu ekWMyä dks iznf”kZr djrk
gSA d¨jMsV us Qly mRiknu ç.kkyh] Ms;jh] ckxokuh] moZjdä ds larqfyr mi;¨x] tSo moZjdä ds
mi;¨x o e/kqeD[kh ikyu] eRL;&ikyu] dEI;wVj ds ç;¨x] LØhu fçafVax] fçafVax] oSfYMax] Vsyfjax v©j
,Eczk;Mªh] çkS<+ f'k{kk dk;ZØe] Qy o lfCt;ä ds ifjj{k.k vkfn ds ckjs esa Qwyiqj rFkk dyÿ bdkb;ä
esa O;kogkfjd çn'kZu fd;k gSA o"kZ 2016&17 ds nkSjku d¨jMsV us 284 çf'k{k.k dk;ZØeä dk vk;¨tu
fd;kA bu dk;ZØeä esa fofÒUu jkT;ä ds 20464 fdlku ykÒkfUor gq,] ftuesa efgyk,a Òh 'kkfey FkÈA
d¨jMsV] Qwyiqj o dyÿ viuh e`nk ijh{k.k ç;¨x'kkykv®a ds tfj, fdlkuä d¨ fu%'kqYd e`nk ijh{k.k
iatkc ds eq[;ea=h] dSIVu vefjUnj flag dk Lokxr lqfo/kk,a Òh miyC/k djkrk gSA o"kZ 2016&17 ds nkSjku feêh ds 87042 uewuä dk fo'ys"k.k fd;k x;kA
djrs gq,] bQdks v/;{k] Jh cyfoUnj flag udbZ ,oa blds vykok] lw{e iks"kd rRoksa tSls vk;ju] dkWij] Çtd] eSaxuht] cksjü o lYQj dh tkap ds fy,
çac/k funs'kd] MkW- mn; 'kadj voLFkh
feêh ds 1]21]298 rFkk flapkÃ ds ikuh dh xq.koRrk ds fy, 25 uewuä dh tkap dh xÃA
feV~Vh esa ekbØ¨ckW;y xfrfof/k;ä d¨ c<+kus ds fy, d¨jMsV us Qwyiqj esa mRiknu {kerk c<+kdj rFkk
ikjknhi o vkaoyk bdkÃ;ä esa uÃ mRiknu bdkÃ;ka LFkkfir djds rjy tSo moZjdä dh mRiknu {kerk
o"kZ 2016&17 ds nkSjku d¨jMsV us d¨ 2 yk[k yhVj çfr o"kZ ls c<+kdj 11 yk[k yh0 çfro"kZ dj fn;k gSA o"kZ 2016&17 ds n©jku tSo
moZjdä dk dqy 8-13 yk[k yhVj dk mRiknu fd;k x;kA
284 çf'k{k.k dk;ZØeä dk vk;¨tu
Òkjrh; uLy dh xk;ä ds lao)Zu ds fy, 10 uÃ lkghoky rFkk fxj uLy dh xk;ä dh [kjhn dh xÃ
fd;kA bu dk;ZØeä esa fofÒUu gSA fons'kh rFkk Òkjrh; uLy dh xk;ä ds nw/k dk rqyukRed vè;;u Òh fd;k tk jgk gSA
jkT;ä ds 20464 fdlku ykÒkfUor Qwyiqj esa 150 eh0 Vu okÆ"kd {kerk dh uhe vkW;y fijkÃ bdkÃ LFkkfir dh xÃ gSA
gq,] ftuesa efgyk,a Òh 'kkfey FkÈA d¨jMsV] Qwyiqj esa /kku rFkk xsgwa dh Qly ds fy, 43 gsDVs;j {ks= esa cht cgqyhdj.k dk;ZØe pyk;k
x;k rFkk /kku ds yxÒx 1044-3 fDoaVy chtä rFkk xsgwa dss 378 fDoaVy chtä ¼QkmaMs'ku lhM~l½ dk
mRiknu fd;k x;k A
d¨jMsV us 14 xkaoksa esa lefUor xzkeh.k fodkl dk;ZØe ¼vkÃvkjMhih½ pyk;k gSA bu xkaoä esa vusd
çdkj dh lkekftd o lao/kZukRed xfrfof/k;ka ;Fkk lkeqnkf;d dsUæä dk fuekZ.k] ihus ds ikuh dh
lqfo/kk] o`{kkjï.k] e`nk ijh{k.k vfÒ;ku] i'kq vkgkj dh vkiwfrZ] oeÊ dEi¨LV d¨ c<+kok] feuh&fdV
¼lhvkÃih½ forj.k vkfn pykÃ xbZ gSaA
82
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
IFFCO field officers educating the farmers about balanced use of fertilisers at a farmer meet in
vegetables preservation etc. at Phulpur and Kalol units. During the year 2016-17, the
CORDET has organized 284 training programmes benefiting 20464 farmers including
women from various States. CORDET, Phulpur and Kalol also provide free soil testing
facilities through their Soil Testing Laboratories to the farmers and analysed 87042 soil
samples during the year 2016-17. In addition, 1,21,298 soil samples were also analysed for
micro nutrients such as Iron, Copper, Zinc, Manganese Boron and Sulphur and 25 samples
for quality of irrigation water.
To increase microbial activities in the soil, CORDET has increased the production
capacity of liquid bio-fertilisers from 2 lakh litres to 11 lakh litres per annum by
enhancing production capacity at Phulpur and setup of new production units at
Paradeep and Aonla. The total production of bio fertilizers during 2016-17 was 8.13 lakh
litres.
To promote cows of Indian breed, 10 new cows of Sahiwal and Gir breed has been
purchased. Comparison of milk production in exotic and Indian breed is also being
carried out. Managing Director, Dr. U. S. Awasthi felicitating
Neem oil extraction unit with the capacity of 150 MT/year has been set up at Phulpur. the newly elected CM of Uttar Pradesh
Shri Yogi Adityanath
At CORDET, Phulpur seed multiplication of paddy and wheat was undertaken over an
area of 43 ha and a quantity of approx 1044.3 quintals of paddy seed and 378 quintals
of wheat seed (foundation seeds) were produced.
Integrated Rural Development Program (IRDP) has been undertaken in 14 villages. A
variety of social and promotional activities like construction of community centres, CORDET has increased the
drinking water facility, tree plantation, soil testing campaigns, supply of cattle feed, production capacity of liquid
promotion of vermi compost, mini-kit distribution (CIP) etc. were undertaken in these
villages. bio-fertilisers from 2 lakh
litres to 11 lakh litres
Farmers Development Programme (FDP)
The Cooperatives are not obliged to follow Corporate Social Responsibility. However, it
is in the genes of cooperatives and inconsonance with the cooperative principles.
Being a leading Cooperative Society, IFFCO's Farmers Development Programme
(FDP) is its commitment to contribute to sustainable economic development of farmers
to improve their quality of life in ways that are also good for IFFCO. Its FDP strategy, inter-
alia, advocates and participates in the initiatives for preservation of the environment. In
its endeavor to discharge its responsibility, your Society has undertaken activities in the
areas of Community Development, Environment Protection & Horticulture, Health 83
fdlku fodkl dk;ZØe ¼,QMhih½
dkjWi¨jVs lkekftd nkf;Ro dk fuokgZ djuk lgdkjh lfefr;ä ds fy, vko';d ugÈ gAS ijUrq ;g
lgdkjh lfefr;ä rFkk lgdkjh fl)kUrä ds thUl eas fufgr gAS lgdkjh {k= s dh çe[qk lfefr güs
ds ukrs bQd¨ dk fdlku fodkl dk;Ø Z e ¼,QMhih½ fdlkuä ds lrr~ vkfFkd Z fodkl ds fy,
Ñrld a Yi gS rkfd muds thou Lrj eas mu rjhdä ls l/qkkj yk;k tk lds t¨ bQd¨ ds fy, Òh
mi;Dqr gAaS vius ,QMhih dk;Ø Z e ds vraxrZ vU; ckrä ds lkFk&lkFk lfefr i;koZj.k ds lja{k.k
ds fy, fd, tkus okys ç;klä dh i{k/kj gS v©j mueas Òkxhnkjh djrh gAS vius bUgÈ nkf;Roä d¨
fuÒkus ds fy, fd, tk jgs ç;kl ds :i eas vkidh lfefr us lkenqkf;d fodkl] i;koZj.k lja{k.k
v©j ckxokuh] LokLF; dh n[skÒky@fpfdRlk lfqo/kk,a v©j lk{kjrk c<k+uk@l'kfDrdj.k dk;Ø Z e
tlS h dÃ xfrfof/k;ka pykÃ gAaS pkyw foRr o"kZ ds nkjSku vkidh lfefr us ` 36-78 dj¨M+ dh jkf'k
fdlku fodkl dh fofÒUu xfrfof/k;ä ij [kpZ dh g]S ftldk foLr`r fooj.k fuEu çdkj gS%
xzke vaxhdj.k
bQd¨ }kjk xkze vx a hdj.k dk;Ø
Z e bl mí's; ls 'k: q fd;k x;k Fkk fd xkzeh.k {k= s ä dk lexz
lkekftd&vkfFkd Z fodkl g¨ ldAs ;g dk;Ø Z e mojZdä ds lgh v©j lrafqyr mi;¨x ij cy nus]s
mUur fdLe ds chtä ds mi;¨x v©j cgsrj QkeZ euSt s eVas ds fof'k"V ç;¨tu ls ykxw fd;k x;k FkkA
pkyw o"kZ ds nkjSku] 378 vxa h—r xkoaä eas fofÒUu loa)uZkRed] lkekftd rFkk lkenqkf;d fodkl
dk;ØZ e] fpfdRlk rFkk i'kq LokLF; tkp a vfÒ;ku] xkzeh.k efgykv®a ds fy, çf'k{k.k dk;Ø Z e vkfn
vk;¨ftr fd;s x,A
lao)ZukRed dk;ZØe rFkk Ñ"kd foLrkj xfrfof/k;ka
bQd¨ }kjk fofÒUu loa)uZkRed o foLrkj dk;Ø Z eä dk vk;¨tu fd;k x;kA bu dk;Ø Z eä eas e[q;
:i ls Òfwe ds LokLF; eas l/qkkj rFkk ,u%ih%ds dh [kir vuiqkr eas l/qkkj ykus ds fy, mojZdkas ds
,dhÑr rFkk lrafqyr ç;¨x d¨ c<k+ok nuss v©j fdlkuä d¨ x©.k ,oa l{we i¨"kd rRoä ds egRo]
vk/kfqud df`"k ç©|¨fxdh dh tkudkjh miyC/k djkus tl S s fo"k;ä ij /;ku fn;k x;k gS rkfd mojZdä
ds n{krki.wkZ ç;¨x] ty lja{k.k djds Qly mRikndrk c<k+Ã tk lds v©j bu lcds }kjk fVdkÅ
[krsh d¨ c<k+ok fn;k tk ldAs bu loa)uZkRed dk;Ø Z eä eas bQd¨] lgdkjh lfefr;ä o fdlkuä d¨
lkekU;r% Ñf"k o lgdkfjrk ds fodkl o fo'k"skr% mojZdä ds ç;¨x tl S s fofHkUu eÌqä ij ijLij
gjh [kkn ij {ks= çn'kZu okrky Z ki djus dk volj Hkh feyrk gAS
vky¨P; o"kZ ds nkjSku lfefr us 4317 {k= s dk;Ø Z e] 996 fcØh dUsn¨za ds dkÆedä ds fy, çf'k{k.k
dk;Ø Z e] 158 Qly lfseukj v©j 652 Ñf"k vfÒ;ku tl S s en`k ijh{k.k o toS mojZd] vk;¨ftr
fd;As inSkokj c<k+us ds fy, mojZdä dh b"Vre [kjqkd dh lLarfqr djus ds ç;¨tu ls lfefr us
fofÒUu jkT;ä eas feêh ds 134579 ueuwä dk fo'y"sk.k fd;k] ftleas u© lpy en`k ijh{k.k okguä }kjk
tkp a s x;s feêh ds 47537 ueuws Òh 'kkfey gAaS blds vykok] {k= s h; dk;ØZ eä eas 6359 egRoi.wkZ vknku
pkyw foRr o"kZ ds nkSjku vkidh id S ts ¼lhvkÃih½ fdVl ~ ftueas cht] mojZd] toS mojZd v©j Ñf"k jlk;u vkfn g¨rs g]aS fdlkuä d¨
lfefr us ` 36-78 dj¨M+ dh jkf'k forfjr fd;s x;s rkfd os vPNh Qly mxk ldAas bu {k= s dk;Ø Z eä ds nkjSku Qly QŸMj]
fdlku fodkl dh fofÒUu cdq yVsl ~ ] iQ
aS yVsl
~ vkfn ds :i eas Ñf"k lkfgR; Òh forfjr fd;k x;kA o"kZ 2016&17 ds nkjSku]
lfefr us fofÒUu jkT;ä eas Ñf"k] lkekftd rFkk lkenqkf;d fodkl dk;Ø Z eä ij 10 fo'k"sk
xfrfof/k;ä ij [kpZ dh gS] ifj;¨tukv®a ij xgu dk;Z fd;kA
Òwfe cpkv¨ vfÒ;ku
bQd¨ us viuk **Òwfe cpkv®** vfÒ;ku bl o"kZ Òh tkjh j[kkA bl vfÒ;ku ds varxZr bQd¨
e`nk iqu#)kj rFkk Qly mRiknu esa o`f) ij t¨j ns jgh gS v©j bl ç;¨tu ds fy, fofÒUu
xfrfof/k;ka ;Fkk e`nk ijh{k.k] leL;kxzLr e`nk dk lq/kkj] [ksr esa tSo [kkn tSls vgkrk [kkn]
oeÊ dEi¨LV] QkLQ¨&lYQ¨&ukbVª¨ dEi¨LV rS;kj djuk] Qlyä esa fofo/khdj.k] Qly
ç.kkyh esa nyguh Qlyä dh [ksrh djuk vkfn pyk jgh gSA feêh dh moZjrk esa lq/kkj ykus ds
ç;¨tu ls feêh esa gjh [kkn Mkyus ds fy, fdlkuä d¨ gjh [kkn okyh Qlyä d¨ mxkus gsrq
çsfjr fd;k x;kA bQdks us ck;ks xSl la;a=ksa dh LFkkiuk ds fy, foRrh; lgk;rk Hkh inzku dh gS
rkfd mRre x.qkoRrk dh [kkn r;Skj dh tk ld]s ÅtkZ ds lkzrs ds :i eas budk bLresky fd;k tk
lds vkjS xkoa dk okrkoj.k “k) q fd;k tk ldAs lfefr us lgdkjh lfefr;ä ds ek/;e ls Ñf"k
midj.kä dh vkiÆwr djds QkeZ ed S uskbt'sku d¨ Òh c<k+ok fn;k gAS lfefr us ty fudk;ä o pd S
MeS vkfn d¨ Bhd djokdj] fy¶V flp a kÃ] o"kkZ ty lx a gz.k }kjk ty lla k/kuä ds fodkl ij Òh
t¨j fn;k gS rkfd vfrfjDr Òfwe d¨ flfapr {k= s eas yk;k tk lds rFkk xkzmM
a okVj yosy d¨ l/qkkjus
eas enn dh tk ldAs lfefr }kjk fd, tk jgs bu lÒh ç;klä ls fVdkÅ Ñf"k ds fy, tehu ds
LokLF; o Qly inSkokj eas l/qkkj gvq k gAS
Ñf"k fo'o fo|ky;ä esa bQd¨ ps;lZ
lfefr us Ñf"k fo'ofo|ky;ä@lgdkjh laLFkkuä esa lL;&foKku] e`nk&foKku] ,xz¨-
84
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Care/Medical facilities and Literacy Enhancement/Empowerment programmes. During

the current financial year, your Society incurred an amount of ` 36.78 crore on various
Farmers Development activities, which are broadly as under:
Village Adoption
The village adoption programme was initiated by IFFCO with the objective of bringing
about overall socio economic development in rural areas, with particular emphasis on
agriculture with balanced use of fertilizers, quality seeds and better farm management.
Various promotional, social and community development programmes, medical and
veterinary check-up campaigns, training programmes for rural women etc. were
organized in 378 adopted villages during the current year.
Promotional Programmes And Farmers Extension Activities

Various promotional and extension programmes were organized with focus primarily on
improving soil health, promoting balanced and integrated use of fertilizers to improve
N:P:K consumption ratio, educating farmers about the importance of Secondary and
micro nutrients, latest agro technology so as to enhance crop productivity through
efficient use of fertilizers, water conservation and there by promoting sustainable
agriculture. These promotional programmes also provide an opportunity for interaction
amongst IFFCO, cooperatives and the farmers on various issues related to agriculture
and cooperative development in general and fertilizer use in particular.
During the year under report, IFFCO conducted 4317 Field Programmes, 996 Sales
Point Personnel Training Programmes, 158 Crop Seminars and 652 Agricultural
Campaigns i.e. Soil Testing and Bio-Fertilizers. IFFCO analyzed 134579 soil samples in
different States including 47537 soil samples tested by nine mobile soil testing vans for
recommending optimum dose of fertilizers for improved productivity. In addition, 6359
Critical Input Package (CIP) Kits containing seeds, fertilizers, bio fertilizers, agro
chemicals etc. were also distributed to the farmers in the field programmes for raising
good crops. Literature in the form of crop folder, booklet, pamphlets etc. was
distributed during the field programmes. During the year 2016-17, the Society worked Managing Director, Dr. U. S. Awasthi at an eye
intensively in 10 special projects on agricultural, social and community development check-up camp
programmes in various States.
Save The Soil Campaign

IFFCO has continued, “Save the Soil” campaign with emphasis on Soil Rejuvenation
and Crop Productivity Enhancement by undertaking various activities viz. soil testing,
reclamation of problematic soils, On Farm preparation of organic manure viz. FYM,
vermicompost, phospho-sulpho-nitro-compost, crop diversification, introduction of
pulses in cropping system etc. Farmers were encouraged to take up green manure
crop for incorporation in soil to improve soil fertility. IFFCO has also assisted farmers by
providing financial assistance for installation of bio-gas plants so as to produce quality
manure, as a source of energy and provide clean environment in villages. IFFCO has
also promoted Farm Mechanization through supply of farm implements through
cooperatives. IFFCO also gave thrust on development of water resources by
undertaking rejuvenation of water bodies, check dam, lift irrigation, rain water
harvesting etc. to bring additional land under irrigation and helped in improving ground
water table. All these efforts assisted in improving soil health and crop yield for
sustainable agriculture.
IFFCO Chairs In Agriculture Universities

IFFCO has instituted 18 IFFCO Chairs at Agricultural Universities/Cooperative
Institution in the disciplines of Agronomy, Soil Science, Agro Economics, Agricultural
Extension, Cooperation and Fertiliser Technology to provide a link in the areas of
research, education and extension. The guidance of IFFCO Chair Professors is sought
in the areas of promotional programmes based on research with thrust on current issues
in agriculture.
VISION 2020
85
bdükfeDl] Ñf"k foLrkj] lgdkfjrk v©j moZjd çkS|¨fxdh ds {ks= esa 18 bQd¨ ps;lZ dh
LFkkiuk dh gqÃ gS] t¨ vuqla/kku] f'k{kk v©j foLrkj dk;¨± ds {ks=ä esa bu laLFkkv®a ds chp ,d dM+h
dk dke djrh gSaA vuqla/kku ij vk/kkfjr lao)ZukRed dk;ZØeä rFkk Ñf"k laca/kh orZeku fo"k;ä
ij bQd¨ ps;lZ ds ç¨Qsljä dk ekxZn'kZu çkIr fd;k tkrk gS A
fotu 2020
bQd¨ us viuh le`f) rFkk fodkl dh xfr d¨ c<+kus ds ç;¨tu ls rS;kj dh xÃ dkji¨jsV
;¨tukv®a& Þfe'ku 2005Þ] Þfotu 2010Þ rFkk Þfotu 2015Þ d¨ lQyrkiwoZd dk;kZfUor fd;k
Fkk A bu ;¨tukv®a ds ifj.kkeLo:i bQd¨ fons'kä esa ifj;¨tuk,a rFkk la;qDr m|e daifu;ka
LFkkfir djds Òkjr esa jklk;fud moZjdä dk mRiknu rFkk foi.ku djus okyh lcls cM+h rFkk
fo'o Lrj ij ,d egRoiw.kZ laLFkk cu xÃ gSA
bQd¨ dh uÃ dkji¨jsV ;¨tuk Þfotu 2020Þ ds fuEufyf[kr mís'; gäxs%
• ekStwnk la;a=ä dk vk/kqfudhdj.k djds ÅtkZ cpr ds fof'k"V y{;ä d¨ çkIr djukA
• u, moZjd mRikn cukuk] Ñf"k lalk/ku bdkb;ka] rFkk Ñf"k jlk;u ifj;¨tuk,a LFkkfir djukA
• bZ&dkWelZ ds {ks= esa ços'k djuk rFkk LVkVZ vi dks c<+kok nsukA
• LVªSVsftd ,ykbal ds ek/;e ls fons'kä esa moZjd ifj;¨tuk,a LFkkfir djukA
fotu 2020 dh eq[;&eq[; ckrsa uhps nh tk jgh gSa%

• moZjd mRiknu djus okyh fo'o dh lcls cM+h laLFkk dk ntkZ çkIr djukA
• ÅtkZ dh [kir eas deh djds rFkk ll a k/kuä ds cgsrj çc/aku ds }kjk fVdkÅ fodkl dh uhfr;ä dk
dk;kZUo;uA
• QkWjoMZ@cSdoMZ baVhxzs'kuä ds ek/;e ls eq[; O;olk; d¨ c<+kukA
• LVªSVsftd la;qDr m|eä dh LFkkiuk rFkk flujtsfVd vf/kxzg.k djds vUrjkZ"Vªh; cktkj esa
viuh mifLFkfr c<+kukA
• foRrh; fLFkfr lq–<+ djus ds fy, vU; {ks=ä esa fofo/khdj.k djukA
Lo.kZ t;rah lekjkgs ds volj ij bQdk&
s ,elh • ,dhÑr i¨"kd rRo çca/ku rFkk moZjdä ds b"Vre ç;¨x d¨ c<+kok nsukA
dk LVkyW • lgdkjh lfefr;ä d¨ vkfFkd Z :i ls etcrw cukuk] mudk çc/aku O;kolkf;d <x a ls fd, tkus ds
dk;Z esa lg;¨x nsuk rFkk xzkeh.k Òkjr dk l'kfDrdj.k lqfuf'pr djus ds ç;¨tu ls
mRikndrk esa lq/kkj ds fy, Ñ"kd leqnk; d¨ vk/kqfud Ñf"k rduhdä ls lfTtr djukA
• o"kZ 2020 rd 15 fefy;u Vu moZjdä ds foi.ku dk okf"kZd y{; çkIr djukA
i;kZoj.k çca/ku ,oa LekVZ Vkmuf'ki
o"kZ 2016&17 ds nkSjku lfefr us i;kZoj.k laj{k.k ds {ks= esa mnkgj.k çLrqr djus ds fy, lfefr dh lÒh bdkb;ka v©j Vkmuf'ki
fofÒUu jkT;ä esa Ñf"k] lkekftd vkd"kZd çkÑfrd lkSan;Z ls lfTtr gSa ftuesa gtkjä isM+&ikS/ks yxs gq, gSaA vkidh lfefr viuh
rFkk lkeqnkf;d fodkl dk;ZØeä ij mRiknu bdkb;ä esa o muds vkl&ikl vUrjkZ"Vªh; ekudä ds vuq:i lqj{kk] LokLF; v©j
10 fo'ks"k ifj;¨tukv®a ij xgu i;kZoj.k esa lq/kkj ykus ds fy, çfrc) gSA
dk;Z fd;kA vkÃ,lv® çek.ku
bQd¨ lÒh dk;Z{ks=ä esa xq.koRrk ij fo'ks"k /;ku nsrh jgh gSA bQd¨ dh dyÿ bdkÃ ds
baVhxzsVsM eSustesaV flLVe ftlesa DokfyVh eSustesaV flLVe ¼vkbZ,lvks 9001%2008½] ,Uok;jUesaV
eSustesaV flLVe ¼vkbZ,lvks 14001%2004½ rFkk vkWD;wis'kuy gSYFk ,aM ls¶Vh eSustesaV flLVe
¼v®,p,l,,l 18001%2007 ½ “kkfey gSa] dkss C;wj¨ osjhVkt lfVZfQds'ku ¼bafM;k½ çk0 fy0 }kjk
izek.k&i= fn;k x;k gSA bQd¨ dyÿ Vkmuf'ki d¨ eSllZ C;wj¨ osjhVkt lfVZfQds'ku ¼bafM;k½
çk0fy0 ¼chohlhvkÃ½ ls blds ,Uok;jUesaV eSustesaV flLVe ds fy, ^^vkÃ,lv¨ 14001%2004^^
çek.k&i= çkIr gqvk gSA bQd¨ dkaMyk d¨ eS0 C;wj¨ osjhVkt ls uoEcj] 2016 esa vkÃ,lv®
9001%2015 ¼DokfyVh eSustesaV flLVe½ çek.k&i= çkIr gqvk gSA lEiw.kZ MkWD;qesaVs'ku@vkWfMV
çfØ;k isijysl vk/kkj ij dh xÃ gS rFkk iwjs flLVe d¨ lÒh vf/kdkfj;ä ds lanÒZ ds fy, loZj
ij viy¨M fd;k x;k gSA blds lkFk gh] bQd¨ dkaMyk d¨ DokfyVh eSustesaV flLVe@
,Uok;jUesaV eSustesaV flLVe@ls¶Vh ,aM gSYFk eSustesaV flLVe ds fy, vkÃ,lv¨ 9001@
vkÃ,lv¨ 14001@v¨,p,l,,l 18001 çek.k&i= çkIr gqvk gSA bQd¨ ikjknhi d¨ C;wj¨
osjhVkt ls vkÃ,lv¨ 14001%2004 rFkk v¨,l,p,,l 18001%2007 çek.k&i= çkIr gqvk gSA bls
D;w,l twfjd ls vkÃ,lv¨ 50001%2011 ,uthZ eSustesaV flLVe ¼Ã,u,e,l½ ds fy, çek.k i=
feyk gS t¨ 13 Qjojh] 2017 rd oS/k FkkA eS0 D;w,l twfjd }kjk fjlÆVfQds'ku vkWfMV djk;k
x;k gS rFkk u;k çek.k&i= feyus dh vk'kk gSA
86
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
In pursuit of its growth and development, IFFCO had embarked upon and successfully
implemented its Corporate Plans - 'Mission 2005', 'Vision 2010' and 'Vision 2015'. These
plans have resulted in IFFCO becoming the largest manufacturer and distributor of
Chemical Fertilisers in India and a significant global player by setting up Projects and
Joint Venture Companies overseas.
IFFCO's new Corporate Plan titled 'Vision-2020' has been guided by the following
objectives:
• Achieving specific targets for Energy Saving through modernization of existing
plants.
• Manufacture of new Fertiliser products, setting up Agro-processing Units and
Agro-Chemicals Projects.
• Diversification in emerging Commerce and promoting Start-ups.
• Setting up Fertiliser projects overseas through Strategic Alliances.
The salient features of the 'Vision-2020' document are as under:
• To stand as a Global Leader in Fertilisers Production.
• Implement Strategies for sustainable development by reducing Energy
Consumption and better Resource Management.
• Maximizing the synergies of Core Business through Forward/Backward Integrations.
• Enhancing presence in International Markets through Strategic Joint Ventures and
Synergistic Acquisitions.
• Diversification in other Sectors for financial sustainability.
• Promoting Integrated Nutrient Management and optimum Fertiliser use.
• To help the Cooperative Societies become economically strong, professionally
managed and to equip the Farming Community with advanced agricultural practices
for improved Productivity, to ensure an Empowered Rural India.
• Achieve Fertilisers Marketing target of 15 million tonnes per annum by 2020.
IFFCO products on display inside the mobile
van shop
ENVIRONMENT MANAGEMENT AND SMART TOWNSHIPS
To set an example in environment protection, all the units and townships of your Society
have maintained attractive landscapes surrounded by thousands of trees. Your Society
is committed to continuously improving the safety, health and environment in and
around its manufacturing units, in line with international norms.
IFFCO conducted 4317 Field
ISO CERTIFICATION Programmes, 996 Sales Point
IFFCO has been laying continuous thrust on quality movement in all its functional areas. Personnel Training
IFFCO Kalol Unit is certified with Integrated Management System (IMS) consisting of P ro g ra m m e s , 1 5 8 C ro p
Quality Management System (ISO 9001:2008), Environment Management System
(ISO 14001:2004) and Occupational Health and Safety Management System Seminars and 652
(OHSAS 18001:2007) by Bureau Veritas Certification (India) Pvt Ltd. IFFCO Kalol Agricultural Campaigns
township is “ISO 14001:2004” certified for its Environment Management System by
Bureau Veritas Certification (India) Pvt. Ltd (BVCI). IFFCO Kandla has received ISO
9001:2015 (Quality Management System) certification from M/s Bureau Veritas in Nov.
2016. The whole documentation/audit process has been done on paperless basis and
complete system has been uploaded on the server for reference of all employees. With
this, IFFCO Kandla has ISO 9001/ISO 14001/ OHSAS 18001 certificate for Quality
Management System/ Environment Management System/Safety & Health Management
System. IFFCO Paradeep has been certified for ISO 14001:2004 and OSHAS
18001:2007 from Bureau Veritas. It has also been certified for ISO 50001:2011 Energy
management System (EnMS) from QS Zurich which was valid upto 13 th Feb. 2017. Re-
certification audit has been carried out by M/s QS Zurich and New Certificate is
awaited.
87
foRrh; jsfVaXl
cSadä v©j jsfVaXl ,tsafl;ä dh utj esa lfefr dh mRÑ"V ØsfMV jsfVax güs ds dkj.k bls fuf/k;ka
ftuesa fons'kh eqæk ds _.k Òh 'kkfey gSa] çfrLi/kkZRed njä ij miyC/k gks tkrs gSaA ;s jsÇVXl bl {ks=
esa lfefr dh lq–<+ foŸkh; fLFkfr rFkk fyfDofMVh i¨thlu dh iqf"V djrh gSaA fofÒUu jsfVax
,tsafl;ä }kjk lfefr d¨ fuEu çdkj jsfVaXl nh xÃ gSa %
ds;j jsfVaXl
• ds;j }kjk lfefr dh dk;Z'khy iwath fuf/k rFkk ukWu QaM vk/kkfjr lqfo/kk,a@vYikof/kd _.kä ds
fy, ,1$ ¼, ou Iyl½ jsfVax rFkk nhÄkZof/kd _.kä ¼QaM vk/kkfjr lhekvä½ ds fy, ,, ¼Mcy ,
LVscy½ jsÇVx nh xÃ gS t¨ ;g n'kkZrh gS fd foRrh; ns;rkv®a ds le; ij Òqxrku ds ekeys esa lqj{kk
dk Lrj cgqr lq–<+ gSA ,sls baLVªwesaV~l esa ØsfMV fjLd U;wure g¨rk gSA
fØfly jsÇVXl
• fØfly }kjk xous±l v©j oSY;w fØ,'ku lhvkjvkÃ,lvkÃ,y ¼thohlh½ ds ekeys esa bQd¨ d¨
**ysoy 2** dh jsfVax nh xÃ gSA ;g jsfVax ;g n'kkZrh gS fd vius lÒh va'k/kkfj;ä ds fy, /ku&lEink
ds vtZu rFkk lq–<+ dkji¨jsV xous±l ç.kkfy;ä d¨ viukus ds laca/k esa lfefr dh l{kerk mPp Lrj
dh gSA ;g jsÇVx funs”kd eaMy dh lq–< dk;Ziz.kkyh rFkk baVjsfDVo fMlhtu esfdax çfØ;k d¨
n'kkZrh gSA
• fØfly }kjk lfefr dh dk;Z'khy iwath fuf/k rFkk ukWu QaM vk/kkfjr lqfo/kk,a@vYikof/kd _.kä
@okf.kfT;d isij ç¨xzke ds fy, ,1$ ¼, ou Iyl½ jsfVax rFkk nhÄkZof/kd _.kä ¼ QaM vk/kkfjr
lhekvä ds fy,½ ,,@LVScy jsÇVx nh xÃ gS t¨ ;g n'kkZrh gS fd foRrh; ns;rkv®a ds le; ij
Òqxrku ds ekeys esa lqj{kk dk Lrj cgqr lq–<+ gSA ,sls baLVªwesaV~l esa ØsfMV fjLd cgqr de g¨rk gS A
vkÒkj
funs'kd eaMy vky¨P; o"kZ ds nkSjku lÒh ox¨± ds deZpkfj;ä }kjk çnku dh xÃ mRÑ"V lsokvksa ,oa
muds }kjk fd, x, lrr v©j lefiZr ç;klä ds fy, mudh ljkguk djrk gSA deZpkfj;ä ds
vuojr ç;klä ds dkj.k gh lfefr bu 'kkunkj ifj.kkeä ,oa miyfC/k;ä d¨ gkfly dj ldh gSA
vkids funs'kdx.k] lÒh jkT; ljdkjä ds lkFk&lkFk Òkjr ljdkj] v©j fo'ks"k :i ls moZjd
foÒkx] Ñf"k ,oa fdlku dY;k.k ea=ky; ds çfr Òh vkÒkj O;Dr djrs gSa] ftuls gesa fujarj Òjiwj
ekxZn'kZu v©j leFkZu feykA
funs'kd eaMy foRrh; laLFkkv®a ,oa okf.kfT;d cSadä] lfefr ds cgqewY; miÒ¨Drkvä fo'ks"kdj jk"Vªh;
rFkk 'kh"kZ Lrjh; lgdkjh laLFkkuä rFkk foi.ku egklaÄä dk /kU;okn Kkfir djrk gS] ftUgäus gesa
iwjk lg;¨x çnku fd;k v©j gekjs çfr viuk fo'okl cuk, j[kkA funs'kd e.My vk'kk djrk gS fd
Òfo"; esa Òh os blh çdkj viuk lg;¨x o leFkZu çnku djrs jgsaxsA
vkidk funs'kd eaMy lsusxy ljdkj] t¨MZu ljdkj] v®eku dh lYrur] nqcÃ ljdkj] NRrhlx<+
ljdkj] vka/kz çns'k ljdkj] bafM;u i¨Vk'k fyfeVsM] v®eku vkW;y dEiuh] V¨D;¨ esjhu ,f'k;k
çk0fy0] t¨MZu QkLQsV~l ekbfuax dEiuh] feRlqfc'kh dkji¨js'ku] ,ulhMSDl] Òkjrh ,;jVsy fy0]
LVkj Xy¨cy fyfeVsM rFkk baM¨jek g¨ÇYMXl choh- dk Òh bQd¨ dh la;qDr m|e ifj;¨tukv®a o
lgk;d laLFkkv®a esa Òkxhnkjh djus v©j lg;¨x çnku djus ds fy, vkÒkj O;Dr djrk gSA
lkFk gh vkids funs'kdx.k lgdkjh ca/kqv®a ds çfr viuk vkÒkj O;Dr djrs gSa fd mUgäus lfefr d¨
fujUrj laj{k.k çnku fd;k rFkk çca/ku esa viuk vVwV fo'okl cuk, j[kkA
var esa funs'kd eaMy vki lÒh d¨ iqu% fo'okl fnykrk gS fd vkidh lfefr dk;Zdq'kyrk esa lq/kkj
ykus] ykÒns;rk v©j dk;Zpkyu ykÒ d¨ c<+kus ds fy, lnSo ç;Ru'khy jgsxhA vkidh lfefr
lgdkfjrk vkUnÿu ds fodkl] Òkjrh; Ñf"k o xzkeh.k fodkl ds fy, çfrc) gSA
bQdks funs'kd e.My ds fy, vkSj mldh vksj ls
fnukad % 3 ebZ] 2017 ¼ cyfoanj flag udbZ ½

v/;{k
88
okf"kZd fjiksVZ
ANNUAL REPORT
49
2016 - 2017
FINANCIAL RATINGS
The Society's Credit Ratings with Bankers and Rating Agencies allow access to Funds
including foreign currency borrowings at competitive rates. The Ratings confirm the
society's strong financial metrics and liquidity position in the sector. The Society was
rated by different accredited Rating Agencies as under:
CARE Ratings
• CARE assigned A1+ (A One Plus) rating to Society's Working Capital Fund and Non-
Fund Based Facilities / Short Term Loans and AA (Double A Stable) rating to Long Term
Borrowings (Fund Based Limits), which indicates very strong degree of safety regarding
timely payment of financial obligations. Such instruments carry lowest credit risk.
CRISIL Ratings
• CRISIL assigned the Governance and Value Creation 'CRISIL (GVC) Level 2' rating to the
Society's Governance practices. This GVC rating indicates the capability of the Society to
create wealth for all its stakeholders while adopting sound corporate governance
practices. It reflects sound Board Practices and interactive decision making process.
• CRISIL rated the Society's Working Capital Fund and Non-Fund Based Facilities / Short
Term Loans / Commercial Paper Programme at A1+ (A One Plus) and Long Term Borrowings
(Fund Based Limits) at AA / Stable, which indicates very strong degree of safety regarding
timely payment of financial obligations. Such instruments carry lowest credit risk.
ACKNOWLEDGEMENTS
The Board of Directors wish to place on record its gratitude for the excellent services
rendered by the employees at all the levels of the Society and for their relentless efforts
and dedication. The phenomenal results and achievements of the Society have been
made possible only because of their continued efforts.
Your Directors also wish to acknowledge gratefully the constant support and guidance
extended by the Government of India and in particular the Department of Fertilizers,
Ministry of Agriculture and Farmers Welfare apart from all the State Governments.
The Board also acknowledges with thanks the support extended and the confidence
reposed in the Society by the Financial Institutions and the Commercial Banks, the
Society's valued customers, in particular the National and Apex level Cooperative
Institutions and Marketing Federations. The Board looks forward to their persistent
support in future as well.
Your Directors would also like to place on record their appreciation for the support from the
Government of Senegal, Government of Jordan, Sultanate of Oman, Government of
Dubai, Government of Chhattisgarh, Government of Andhra Pradesh, Indian Potash Ltd.,
Oman Oil Company, Tokio Marine Asia Pte Limited, Jordan Phosphates Mining Company,
Mitsubishi Corporation, NCDEX, Bharti Airtel Ltd., Star Global Ltd. and Indorama
Holdings B.V. for their support and participation in the Joint Venture Projects of IFFCO
and its Associates.
Your Directors express their deep appreciation to all the Member Cooperatives for their
continued patronage, cooperation and faith in the Management of the Society.
To conclude, the Board of Directors would like to reassure each one of you that your
Society shall carry on with its efforts towards further improving its efficiency, profitability
and operating margins. Your Society is committed to the advancement of the
Cooperative Movement, Indian Agriculture and Rural Development.
For and on behalf of the Board of Directors
Dated: May 3, 2017 ( Balvinder Singh Nakai )

Chairman
89
o"kZ 2016&17 ds n©jku bQdks dks çkIr iqjLdkj o lEeku
dkWji¨jsV
• ,Q,vkÃ us bQd¨ d¨ lrr fodkl ij bldh 'kSf{kd fofM;¨ fQYe ds fy, iqjLd`r fd;kA
• ifCyd fjys'ku l¨lkbVh vkWQ bafM;k us viuh okÆ"kd ihvkj dkWÝsal esa blds Vscy dySaMj ds fy, iqjLdkj çnku fd;kA
• bQd¨ ds vkÃVh çeq[k d¨ fcV~lVªhe ehfM;k oDlZ }kjk lhvkÃv¨,fDll ds lkFk feydj ^^buösfVo lhvkÃv¨ 2016 vokMZ^^ ls lEekfur
fd;k x;kA
• vkÃVh ds {ks= esa buösfVo dk;¨± esa fd;s x;s bQd¨ ds ç;klä ds fy, bls ^^bUQ¨lsd eSLVª¨ 2017^^ dk iqjLdkj çkIr gqvkA
• VkbEl xzqi us bQd¨ d¨ bldh QkjoMZ yqÇdx ,pvkj LVªsVstht rFkk bfuf'k,fVOl ds fy, viuh çfrf"Br iqLrd ^^;wV¨fi;u odZ Iysfll^^
esa 'kkfey fd;k gSA
dyÿ bdkÃ
• moZjd {ks= esa i;kZoj.k çca/ku esa mRd`"V miyfC/k ds fy, ^^xŸM Js.kh^^ esa ^^17oka okÆ"kd xzhuVsd buok;juesaV vokMZ^^ çkIr gqvkA
• ukbVª¨thul moZjd la;a= esa lqj{kk esa mRd`"Vrk ds fy, ,Q,vkÃ vokMZ ¼juj&vi½A
• ,u,llhvkÃ ls¶Vh vokMZ 2016 & mRiknu {ks= Js.kh esa O;kolkf;d lqj{kk rFkk LokLF; çca/ku ç.kkfy;ä ds dk;kZUo;u ds fy, us'kuy
ls¶Vh dkmafly vkQ bafM;k^^ esa mRd`"Vrk gkfly djus ds fy, ^ûs'kuy ls¶Vh dkmafly vkQ bafM;k^^ dk ^^lÆVfQdsV vkQ ,fçfl,'ku^^
çkIr gqvkA
• moZjd {ks= esa lqj{kk çca/ku ds çfr mPp Lrj dh çfrc)rk çnÆ'kr djus ds fy, ^^xzhuVsd QkmaMs'ku] dk ¼xŸM vokMZ½ xzhuVsd ls¶Vh
vokMZ&2016 çkIr gqvkA
• o"kZ 2014 esa juj&vi ds :i esa v¨|©fxd lqj{kk esa mRd`"V dk;Zfu"iknu ds fy, U;wure v©lr fÝD;walh jsV gkfly djus esa Je o j¨txkj
ea=ky;] Òkjr ljdkj dk us'kuy ls¶Vh vokMZ çkIr gqvkA
• balku }kjk uÃ fnYyh esa vk;¨ftr 18oÈ us'kuy fØ,fVfoVh lfeV ds n©jku deZpkfj;ä d¨ fuca/k ys[ku] Ly¨xu rFkk i¨LVj çfr;¨fxrkvä esa
,Dlhysal vokMZ çkIr gqvkA
dkaMyk bdkÃ
• NBh baVj ;wfuV buös'ku ,aM fØ,fVfoVh ehV esa ^^csLV ;wfuV^^] ^^csLV ltsLVj^^ rFkk ^^csLV dkWvkMhZusVj^^ vokMZ çkIr gq,A
• ^^15osa vuqvy xzhuVsd ls¶Vh vokMZ&2016^^ esa lqj{kk ds fy, xŸM vokMZA
• 18oÈ balku lfeV esa deZpkfj;ä d¨ lq>ko ;¨tuk ds ^^csLV dkWvkMhZusVj** ds fy, ^îkj ,Dlhysal vokMZ^^] vkbfM;k psfEivu vokMZ rFkk
deZpkfj;ä d¨ lts'ku dsl LVMh gsrq ^êsfjV vokMZ^Â
• ^^deZpkjh fjVsa'ku LVªsVstht esa buös'ku** rFkk çf'k{k.k esa mRd`"Vrk ds fy, ^^NBk okÆ"kd xzhuVsd ,pvkj vokMZ&2016** esa n¨ flYoj vokMZ
çkIr gq,A
• i;kZoj.k çca/ku esa mRd`"V miyfC/k;ä ds fy, xzhuVsd QkmaMs'ku] uÃ fnYyh ls ^^17oka okÆ"kd xzhuVsd i;kZoj.k vokMZ&2016** dk flYoj
vokMZA
• xqtjkr jkT; ljdkj ls o"kZ 2016 ds fy, ,uihds ds&1 la;a= ds lsaVªy lEi rd QkWLQ¨fjd ,flM VSad ds fy, rduhdh buös'ku ds
dk;kZUo;u ds fy, ,d deZpkjh d¨ ^^Je Òw"k.k vokMZ^Â
90
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
Honours and awards received by IFFCO during 2016-17
CORPORATE
• FAI awarded IFFCO for its educational video film on sustainable development.
• Public Relations Society of India in its Annual PR conference awarded prize to IFFCO for its table calendar.
• IFFCO's IT Head was awarded with Innovative CIO 2016 Award by BITSTREAM Media works in association
with CIOAXIS.
• IFFCO's initiatives in the field of IT in innovative manners has won INFOSEC MAESTRO 2017 Award for it.
• The Times Group has included IFFCO in their prestigious book 'Utopian Workplaces' for its forward looking
HR strategies and initiatives.
KALOL UNIT
• 17th Annual Greentech Environment Award in Gold category in the Fertilizer Sector for outstanding achievement in the areas of
Environment Management.
• FAI Award (Runner-Up) for Excellence in Safety in the Nitrogenous Fertiliser Plant.
• Certificate of Appreciation from the National Safety Council of India for implementing Occupational Safety and Health (OSH)
Management Systems in manufacturing sector category.
• “Greentech Safety Award 2016 (Gold Award) in Fertilizer Sector” by Greentech Foundation for demonstrating the highest level
of commitment to safety management.
• National Safety Award by Ministry of Labour & Employment, Govt. of India for outstanding performance in Industrial Safety as
Runner-Up for the year 2014 in achieving the Lowest Average Frequency Rate.
• Individual employees won Award in Essay writing, Slogan, Poster Competitions and presentation of case studies during 18th
National Creativity Summit organized by INSSAN (Indian National Suggestion Schemes Association).
KANDLA UNIT
• Received "Best Unit", "Best Suggestor" and "Best Coordinator" awards in the 6th Inter Unit Innovation & Creativity meet.
• Gold award for safety at the "15th Annual Greentech Safety Award - 2016"
• "Par Excellence Award", Idea champion award for "Best coordinator" of suggestion scheme and "Merit award" for Suggestion case
study to employees in 18th INSSAN summit.
• Two silver awards at "6th Annual Greentech HR Award - 2016" in Training Excellence and "Innovation in Employee Retention
Strategies".
• Silver award for “17th Annual Greentech Environment Award - 2016" from Greentech Foundation, New Delhi for outstanding
achievements in Environment Management.
• "Shram Bhushan" award to an employee for implementation of Technical Innovation of "Transferring Phosphoric acid tank sludge liquor
to central sump of NPK K-I Plant” for the year 2016 from Gujarat State Government.
91
Qwyiqj bdkÃ
• moZjd {ks= esa 17osa ^^,uqvy xzhuVsd buok;juesaV vokMZ** esa xŸM vokMZ çkIr gqvkA
• us'kuy ,uthZ datjos'ku vokMZ&2016 dk f}rh; iqjLdkjA
• ukbVª¨ftul moZjd esa ,Q,vkÃ ls ls¶Vh vokMZ fotsrkA
• ukbVª¨ftul moZjd lsxesaV esa ,Q,vkÃ buok;juesaV ç¨VsD'ku vokMZ ds la;qDr fotsrkA
• Qwyiqj bdkÃ&1 o Qwyiqj bdkÃ&2 d¨ ÅtkZ çca/ku esa mRd`"Vrk ds fy, daQsMjs'ku vkWQ bafM;u baMLVªh ¼lhvkÃvkÃ½ dk 17osa us'kuy
vokMZ esa ^^,uthZ ,fQfl,aV ;wfuV vokMZ^^ çkIr gq,A
• lqj{kk çca/ku esa mYys[kuh; miyfC/k;ä ds fy, IysfVue Js.kh esa yxkrkj p©Fks o"kZ xzhuVsd ls¶Vh vokMZ&2016 çkIr gqvkA
vkaoyk bdkÃ
• 3 o"kZ&2012 ls 2014 dh ewY;kadu vof/k ds n©jku O;kolkf;d LokLF; ,oa lqj{kk esa vPNs dk;Zfu"iknu ds fy, çÒkoh çca/ku ç.kkfy;ä ,oa
çfØ;kvä ds fodkl rFkk dk;kZUo;u gsrq us'kuy ls¶Vh dkmafly vkWQ bafM;k dk ,u,llhvkÃ ls¶Vh vokMZ 2015 ¼ç'kalk&i=½A
• çf'k{k.k mRd`"Vrk esa mYys[kuh; miyfC/k;ä ds fy, xzhuVsd QkmaMs'ku] uÃ fnYyh ls ^^NBk okÆ"kd xzhuVsd ,pvkj vokMZ] 2016 ¼xŸM
vokMZ½^Â
• moZjd {ks= esa xzhuVsd QkmaMs'ku uÃ fnYyh }kjk lqj{kk çca/ku esa 'kkunkj miyfC/k;ä ds fy, ^^15oka okÆ"kd xzhuVsd ls¶Vh vokMZ 2016 ¼xŸM
vokMZ½^^ çkIr fd;kA
• nqÄZVukeqDr o"kZ ds vk/kkj ij v©|¨fxd lqj{kk esa 'kkunkj dk;Zfu"iknu ds fy, Mk;jsDV¨jsV tujy QSDVªh ,Mokbl lÆol ,aM yscj
baLVhVÓwV ¼Mhth,Q,,l,yvkÃZ½] Je o j¨txkj ea=ky;] Òkjr ljdkj ls o"kZ 2014 ds fy, ^ûs'kuy ls¶Vh vokMZ^Â
• ÅtkZ çca/ku] 2016 esa mRd`"Vrk ds fy, 17osa jk"Vªh; vokMZ ds vUrxZr dUQMªs'ku vkWQ bafM;u baMLVªh ¼lhvkÃvkÃ½] gSnjkckn ls ^^,fDlysaV
,uthZ ,fQfl,aV ;wfuV vokMZ^^ çkIr fd;kA
• ÅtkZ çca/ku 2016 esa mRd`"Vrk ds fy, 17osa jk"Vªh; vokMZ ds vUrxZr dUQsMjs'ku vkWQ bafM;u baMLVªh ¼lhvkÃvkÃ½] gSnjkckn ls ^^,uthZ
,fQfl,aV ;wfuV vokMZ^^ çkIr fd;kA
• ,Q,eMhvkÃ]xqM+xkao esa balku }kjk vk;¨ftr NBh baVj ;wfuV buös'ku ,aM fØ,fVfoVh ehV esa 1706 lq>koä dh fjdkMZ la[;k ds fy,
^êSDlhee ikÆVflis'ku vokMZA^^
• bQd¨ vkaoyk ds deZpkjh us ,Q,eMhvkÃ] xqM+xkao esa balku }kjk vk;¨ftr NBh baVj ;wfuV buös'ku ,aM fØ,fVfoVh ehV esa lts'ku dsl
LVMh çstsUVs'ku ds fy, ^^lsdsUM csLV dsl LVMh vokMZ^^ çkIr gqvkA
• bQd¨ vkaoyk&2 bdkÃ d¨ ukbVª¨thul moZjd la;a= ds fy, QÆVykbtj ,l¨fl,'ku vkWQ bafM;k ls ^^,Q,vkÃ csLV ç¨MD'ku çQës±l
vokMZ] 2016 ¼juj vi½^^ çkIr gqvkA
• moZjd {ks= esa i;kZoj.k çca/ku esa mYys[kuh; miyfC/k ds fy, QÆVykbtj ,l¨fl,'ku vkWQ bafM;k ls ^^,Q,vkÃ ,Uok;juesaV ç¨VsD'ku
vokMZ] 2016 ¼fouj½A^^
• lqj{kk esa mRd`"Vrk ds fy, QÆVykbtj ,l¨fl,'ku vkWQ bafM;k ls ukbVª¨thul moZjd la;a= ds fy, ^^,Q,vkÃ ls¶Vh vokMZ ¼TokbaV juj
vi½A^^
• moZjd {ks= esa i;kZoj.k çca/ku esa mYys[kuh; miyfC/k ds fy, xzhuVsd QkmaMs'ku] uÃ fnYyh ls ^^17osa ,uqvy xzhuVsd ,Uok;juesaV vokMZ]
2016 ¼xŸM vokMZ½^^] ds fotsrkA
• mRiknu {ks= Js.kh esa ¼v¨,l,p½ lqj{kk ,oa LokLF; esa vPNs dk;Zfu"iknu ds fy, çÒkoh çca/ku ç.kkfy;ä ,oa çfØ;kvä ds fodkl rFkk
dk;kZUo;u gsrq us'kuy ls¶Vh dkmafly vkWQ bafM;k dk ^^,u,llhvkÃ ls¶Vh vokMZ 2016 ¼lqj{kk iqjLdkj½^^ ds fotsrkA
92
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
PHULPUR UNIT
• Won "Gold Award in Fertiliser Sector in the 17th Annual Greentech Environment Award".
• The National Energy Conservation Award- 2016 - Second Prize
• Winner of FAI Safety Award in Nitrogenous Fertiliser category.
• Joint Winner of FAI Environment Protection Award in Nitrogenous Fertiliser segment.
• Phulpur Unit-I & Phulpur Unit-II received "Energy Efficient Unit" Awards at the 17th National Award for Excellence in Energy
Management by Confederation of Indian Industry (CII).
• Greentech Safety Award 2016 in platinum category for outstanding achievements in Safety Management for the fourth year in a
row.
AONLA UNIT
• Received "NSCI Safety Awards-2015 (Prashansa Patra)" from National Safety Council of India in recognition for developing and
implementing effective management systems & procedures for good performance in Occupational Health & Safety during the
assessment period of three years - 2012 to 2014.
• "6th Annual Greentech HR Award-2016 (Gold Award)" from Greentech Foundation for outstanding achievements in Training
Excellence.
• Bagged "15th Annual Greentech Safety Award-2016 (Gold Award)" in Fertiliser sector by Greentech Foundation for outstanding
achievements in Safety Management.
• "National Safety Award" for the Year 2014 from Directorate General Factory Advice Service & Labour Institutes (DGFASLI), Ministry of
Labour & Employment, Government of India for outstanding performance in Industrial Safety based on Accident Free Year.
• Received "Excellent Energy Efficient Unit Award" from Confederation of Indian Industry (CII), Hyderabad, under 17th National Award for
Excellence in Energy Management 2016.
• "Energy Efficient Unit Award" from Confederation of Indian Industry (CII), Hyderabad, under 17th National Award for Excellence in
Energy Management 2016.
• "Maximum Participation Award" with record number of 1706 suggestions in 6th Inter Unit Innovation and Creativity Meet organised by
INSSAN at FMDI, New Delhi.
• IFFCO Aonla Employee has received "2nd Best Case Study Award" for Suggestion Case Study Presentation in 6th Inter Unit Innovation
and Creativity Meet organised by INSSAN at FMDI, New Delhi.
• IFFCO Aonla-II unit has received "FAI Best Production Performance Award-2016 (Runner up)" for a Nitrogenous Fertiliser plant from The
Fertiliser Association of India.
• "FAI Environment Protection Award-2016 (Winner)" in fertilizer sector from The Fertiliser Association of India for outstanding
achievement in Environment Management.
• "FAI Safety Award (Joint Runner up)" for a Nitrogenous Fertiliser plant from The Fertiliser Association of India for excellence in safety.
• Winner of "17th Annual Greentech Environment Award-2016 (Gold Award)" in Fertiliser sector from Greentech Foundation, New Delhi,
for outstanding achievement in Environment Management.
• Winner of "NSCI Safety Awards-2016 (SurakshaPuraskar)" from National Safety Council of India in manufacturing sector category for
implementing occupational safety and health (OSH) management systems & procedures effectively and achieving very good
performance in OSH.
93
ikjknhi bdkÃ
• jlk;u {ks= esa i;kZoj.k çca/ku esa mYys[kuh; miyfC/k;ä ds fy, xzhuVsd QkmaMs'ku ls ^^17oka okÆ"kd xzhuVsd i;kZoj.k xŸM vokMZ^Â
• moZjd {ks= esa lqj{kk çca/ku esa mYys[kuh; miyfC/k ds fy, xzhuVsd ls¶Vh xŸM vokMZ 2016 dk ^^15oka xzhuVsd ls¶Vh xŸM vokMZ 2016**A
• lqj{kk çca/ku esa mYys[kuh; miyfC/k ds fy, xŸM Js.kh esa dÇyx ls¶Vh vokMZ 2015A
• v¨fM'kk lh,lvkj Q¨je }kjk xzhu i;kZoj.k rFkk çnw"k.k fu;a=.k dh Js.kh esa lh,l vokMZA
• v¨fM'kk esa lgdkjh moZjd {ks= esa u¨cy ;¨xnku ds fy, ^^mM+hlk d`"kd lekt^^ ls lqjsUnz dqekj tk[kM+ ese¨fj;y vokMZA
• ^^mRd`"V lh,lvkj** dk;Z dh Js.kh esa v¨fM'kk bad- yhtSaM vokMZ 2016A
• ^^,u,pvkjMh,u ikapoÈ dkji¨jsV yhMjf'ki fctusl fDot ¼iwoZ {ks=½** dh fotsrk jghA
94
okf"kZd fjiksVZ
ANNUAL REPORT
49 2016 - 2017
PARADEEP UNIT
• "17th Annual Greentech Environment Gold Award 2017”, from "Greentech Foundation" for outstanding achievements in Environment
Management in Chemical Sector.
• Greentech Safety Gold Award 2016 "15th GREENTECH SAFETY GOLD AWARD 2016", in Fertilizer Sector for outstanding achievement
in Safety Management.
• Kalinga Safety Award 2015 - in Gold category for outstanding achievement in Safety management.
• CSR Award in the category of Green Environment and Pollution Control by Odisha CSR Forum.
• Surendra Kumar Jakhar Memorial Award from "Orissa Krushak Samaj" for noble contribution in cooperative fertilizer sector in Odisha.
• Odisha INC Legend Award-2016 in the category of "Excellent CSR Work".
• Won the 'NHRDN 5th Corporate Leadership Business Quiz (Eastern Region)'.
95
dkWjiksjVs xous±l Corporate Governance
1- dkWji®jsV xousZal ds ÁfRk n`f"Vd®.k 1. Philosophy on Code of Corporate Governance
bQd®] loZJ"s B dkWjiksjVs xous±l ds ekunaMksa lac/a kh fl}kUrksa ds laoèkZu IFFCO is committed towards promoting and strengthening the
vkSj mUgsa etcwrh iznku djus ds fy, lnSo izfrc) jgh gSA blds fy, principles of sound Corporate Governance by adherence to the
lfefr us dkWjiksjVs xous±l lacèa kh ikjnf'kZrk] lqj{kk] LokLF;] i;kZoj.k] highest standards of transparency, safety health, environment,
fo'okl vkSj fu"Bk] dk;Zfu"iknu ewydrk] tokcnsgh rFkk nkf;Ro] trust and integrity, performance orientation, responsibility and
lkekftd nkf;Ro] uSfrd dkjksckjh i)fr;ksa rFkk laxBu ds fy, accountability, social responsiveness, ethical business practices
izfrc)rk tSls mPp ekunaMksa dks viuk;k gSA LVSdgksYMjksa dh lrr and commitment to the organisation as a self-discipline code for
le`f) ds fy, vkRe vuq'kklh n'kZu bQdks dk ewy ea= gSA mRÑ"VRkk] sustainable enrichment of stakeholders' value. Corporate
fodkl v©j ewY; l`Tku ds {®= esa dkWji®jsV xous±l bQd® dh dk;Z Governance has become integral part of IFFCO in its pursuit of
iz.kkyh dk ,d vfHké vax cu x;k gSA excellence, growth and value creation.
bQdks dh xousl Za lajpuk cgqjkT; lgdkjh lkslkbVht vfèkfu;e] The Governance Structure of IFFCO is designed as per the
2002 ¼vfèkfu;e½ ds izko/kkuksa ds vuqlkj rS;kj dh xbZ gSA bQdks provisions of the Multi State Cooperative Societies Act, 2002.
dks dkWjiksjVs fudk; ds :i esa ukfer fd;k x;k gS rFkk vkarfjd IFFCO is designated as a Body Corporate and has made its
izc/a ku ds fy, vfèkfu;e ds vuqlkj blds mifu;e cuk, x;s Bye-laws for internal management in consonance with the
gSaA Act.
dkWjiksjVs xousl Za ds eq[; ?kVdksa ds fy, lfefr us i;kZIr leh{kk IFFCO has set up adequate review processes in respect of key
izfØ;k,a ykxw dh gqbZ gSAa blds vykok] lfefRk viuh vkaRkfjd uhfRk;ksa elements of Corporate Governance and is constantly
vkSj iz.kkfy;ksa d® ,slk :i nsus ds fy, fujURkj Á;kljRk jgRkh gS tks endeavoring to benchmark its internal policies and systems to
varjkZ"Vªh; Lrj ij moZjd m|®x essa viukbZ tk jgh loZJ"s B i)fr;ksa match with the best practices being followed internationally in
ls eSp dj ldsAa the Industry.
2- dkWji®jsV xous±l ds laca/k esa jsÇVx 2. Rating on Corporate Governance
fØfly us bQd® d® xousZl a v©j oSY;w fØ,'ku ¼Tkhohlh½ ds fy, CRISIL has assigned Governance and Value Creation (GVC)
dkWji®jsV xousl Za ^^Tkhohlh ysoy 2^^ dh jsÇVx nh gSA ;g jsÇVx Rating at "CRISIL GVC Level 2" to IFFCO on Corporate
lHkh LVSdg®YMjksa ds fy, lEifRr ds l`Tku ds lac/a k esa RkFkk lqn`<+ Governance. This rating indicates IFFCO's capability with
dkWji®jsV xousZl
a dh i)fRk;ksa d® viukus esa bQdks dh {keRkk dks respect to wealth creation for all its stakeholders, while
n'kkZrh gSA bl jsÇVx dk vfHkÁk; ;g Hkh gS fd vius lHkh adopting sound corporate governance practices. The rating
LVSdg®YMjksa ds fy, ewY; l`Tku] bldh lqn`<+ Áca/kdh; i)fRk;ksa reflects IFFCO's strong and balanced track record in creating
v©j i;kZIRk dkWji®jsV xousZla i)fRk;ksa ds ekeys esa bQd® dk ,d value for all its stakeholders, its sound management practices
lqn`<+ v©j laRkqfyRk VªSd fjdkMZ gSA and adequate Corporate Governance practices.
3- funs'kd eaMy 3. Board of Directors
blds funs'kd eaMy esa fofoèk i`"BHkwfe okys lq;ksX; vkSj vuqHkoh Directors on the Board of IFFCO are from diverse backgrounds
funs'kd gSa tks fofHkUu egRoiw.kZ {ks=
+ ksa ;Fkk izkS|ksfxdh] foRr] foi.ku with skills and experience in critical areas like technology,
vkSj lkekU; izc/a ku esa O;kid vuqHko j[krs gSa vkSj mu lHkh finance, marketing and general management, who are
fl+)karksa vkSj ewY;ksa ds izfr izfrc) gSa ftuls dkWjiksjVs xous±l committed to all underlying principles and values that constitute
ds loksZRre ekud r; gksrs gSAa the best standards of Corporate Governance.
d½ funs'kd eaMy dk vkdkj v©j bldk xBu a) Size and Composition of Board
funs'kd eaMy dk xBu cgqjkT; lgdkjh l®lk;Vht The composition of the Board of Directors is governed by
vfèkfu;e] 2002 v©j lfefRk ds mifu;eksa ds vuqlkj fd;k the Multi State Cooperative Societies Act, 2002 and Bye-
TkkRkk gSA 31 ekpZ 2017 dks lfefRk ds funs'kd eaMy esa laws of the Society. As on March 31, 2017, the Society's
31 funs'kd Fks fTkuesa bDdhl fuokZfpr izfrfufèk gSAa 10 Board of Directors consisted of thirty one Directors, which
foi.ku egkla?kksa ds gS]a nks lg;®fTkRk funs'kd v©j vkB included twenty one Elected Representatives, out of which
QaD'kuy funs'kd gSAa ten are from Marketing Federations, two Co-opted Nominees
and eight Functional Directors.
96
[k½ funs'kd eaMy dh cSBdsa v©j ÁfØ;k,a b) Board Meetings and Procedures
bQdks us funs'kd eaMy v©j mldh lfefRk;ksa dh cSBdksa ds IFFCO has defined procedures in its Bye-laws for meetings
fy, vius mifu;eksa esa ,d lqifjHkkf"kRk ÁfØ;k fu/kkZfjRk dh of the Board of Directors and its Committees. Agenda
gqbZ gSA dk;Zlp
w h fVIif.k;kaa lHkh vko';d lwpukvksa ds lkFk papers containing all necessary information are made
funs'kd eaMy ds lnL;ksa dks i;kZIr le; jgrs miyC/k djk available to the Members well in advance to enable them
nh tkrh gSSa rkfd lnL; vius nkf;Roksa dks izHkkoh <+x a ls to discharge their responsibilities effectively and for
fu"ikfnr dj ldsa vkSj cSBdksa esa rF;ksa ij vkèkkfjr egRoiw.kZ facilitating meaningful, informed and focussed discussions
fu.kZ; fy, tk ldsAa funs'kd eaMy dh cSBdksa esa Áca/k funs'kd and decisions at the Meetings. The Board is kept appraised
}kjk lfefRk ds lexz dk;Zfu"iknu ds ckjs esa lnL;ksa d® voxRk of the overall performance of the Society by the Managing
djk;k TkkRkk gSA izc/a ku ds ofj"B vf/kdkfj;ksa dks] tc dHkh Director at the Board Meetings. Senior Management
vko';drk gks] funs'kd eaMy@mldh lfefr;ksa }kjk ppkZ fd;s officials are called to provide additional inputs on matters
tkus okys ekeyksa ij vfrfjDr tkudkjh miyC/k djkus ds fy, being discussed by the Board / Committees, as and when
cqyk;k tkrk gSA necessary.
funs'kd eaMy ds ikl os lHkh vf/kdkj gSa Tk® mifu;eksa ds The Board of Directors have all such powers under the
vaRkxZRk vko';d le>s x;s gSa vFkok cgqjkT; lgdkjh Bye-laws as are considered necessary or expedient for
l®lk;Vht vfèkfu;e@fu;eksa ds vaRkxZRk vius dk;ksaZ d® R®Tkh the purpose of carrying out its functions under the Multi
ls iwjk djus ds fy, vko';d gSAa State Cooperative Societies Act / Rules.
foRr o"kZ 2016&17 ds n©jku funs'kd eaMy dh ckjg cSBdsa Twelve Board Meetings were held during the financial year
gqbZa v©j bl vof/k ds n©jku 2 cSBdksa esa vf/kdRke vURkjky 2016-17 and maximum interval between two meetings
bdrkyhl fnu jgkA bu lHkh cSBdksa esa mifLFkfRk dkQh during this period was forty one days. All the meetings
vPNh jghA were well attended.
x½ funs'kd eaMy dh lfefRk;ka c) Board Committees
bQdks dh 4 lfefr;ka gSa tks funs'kd eaMy dk lg;ksx There are following four committees assisting the Board
djrh gSa rFkk bu lfefr;ksa dks iwjs vf/kdkj fn;s x;s gSa of Directors, and these have been delegated with specific
vkSj fof'k"V mRrjnkf;Ro lkSia s x;s gSa rkfd laLFkk ds dk;ks± responsibilities as well as authority for efficient management
dk izc/a ku dq'kyrkiwoZd fd;k tk ldsA of operations of the organisation.
¼i ½ dk;Zdkfj.kh lfefRk (i) Executive Committee

¼ii½ ifj;®Tkuk mi&lfefRk (ii) Projects Sub-Committee
¼iii½ foi.ku mi&lfefRk (iii) Marketing Sub-Committee
¼iv½ ys[kkijh{kk lfefRk (iv) Audit Committee
¼i½ dk;Zdkfj.kh lfefRk (i) Executive Committee
dk;Zdkfj.kh lfefRk] lfefRk dh fofHké LFkkiukvks@ a The Executive Committee is responsible for the efficient
ifj;®Tkukvksa ds dq'ky Áca/ku ds fy, mRrjnk;h gS ijURkq management of the Society's various establishments/
bl ij funs'kd eaMy dk lexz fu;U=.k v©j Ákf/kdkj projects subject to overall control and authority of the
jgRkk gSA bl lfefr }kjk vU; ckrksa ds lkFk&lkFk Board of Directors. Its scope is to inter-alia review the
jktLo rFkk iwt a h ctV vuqekuksa dh lkFk&lkFk leh{kk Revenue and Capital Budget Estimates, to approve
dh tkrh gS rFkk $15 djksM+ rd dh lhek ds dSfiVy all investment proposals of Capital nature upto the
uspj ds lHkh fuos'k izLrkoksa dk vuqeksnu fd;k tkrk limit of $ 15 crore and to frame and / or approve
gS vkSj bQdks ds dkjksckj rFkk ekeyksa ds izc/a ku o regulations, rules, manuals for the conduct, supervision
i;Zo{s k.k rFkk mlds lapkyu ds fy, fofu;eks]a and management of the business and affairs of
fu;ekoyh] eSuqvyksa dks rS;kj rFkk@vFkok mudk IFFCO. As on March 31, 2017, the Executive
vuqeksnu fd;k tkrk gSA 31 ekpZ] 2017 d® dk;Zdkfj.kh Committee comprised of twelve Directors including
lfefRk esa 12 funs'kd F® fTkuesa v/;{k] mik/;{k v©j Chairman, Vice Chairman and four Functional
4 QaD'kuy funs'kd 'kkfey F®A foRr o"kZ 2016&17 ds Directors. Twelve meetings of Executive Committee
n©jku dk;Zdkfj.kh lfefRk dh 12 cSBdsa gqb±A lHkh cSBdksa were held during the financial year 2016-17. All the
esa mifLFkfRk dkQh vPNh jghA meetings were well attended.
97
¼ii½ ifj;®Tkuk mi&lfefRk (ii) Projects Sub-Committee
ifj;®Tkuk mi&lfefRk] lfefRk }kjk pykbZ Tkk jgh The Projects Sub-committee is responsible for efficient
ifj;®Tkukvksa ds dq'ky Áca/ku ds fy, mRrjnk;h gS v©j management of Projects undertaken by the Society
blds dk;Z{®= esa ifj;®Tkukvksa dh lexz ÁxfRk] and the scope is to review the overall progress of the
ifj;®Tkukvksa dh laxBukRed lajpukvksa v©j LVkÇQx projects, organisation structure and staffing and various
RkFkk ifj;®Tkukvksa ls lacfa /kRk fofHké Bsdksa dh leh{kk contracts related to projects. As on March 31, 2017,
djuk gSA 31 ekpZ] 2017 d® bl ifj;®Tkuk mi&lfefRk the Projects Sub-committee comprised of nineteen
esa mUuhl funs'kd F® fTkuesa vè;{k] mik/;{k] QaD'kuy Directors including Chairman, Vice Chairman,
funs'kd rFkk fo'ks"k vkeaf=r lnL; 'kkfey F®A bl o"kZ Functional Directors and Special Invitees. Seven
ds nkSjku ifj;kstuk mi lfefRk dh 7 cSBdsa gqb±A lHkh meetings of Projects Sub-Committee were held during
cSBdksa esa mifLFkfRk dkQh vPNh jghA the year. All the meetings were well attended.
¼iii½ foi.ku mi&lfefRk (iii) Marketing Sub-Committee
foi.ku mi&lfefRk] lfefRk ds foi.ku dk;ks± ds dq'ky The Marketing Sub-committee is responsible for the
Ácaèku ds fy, mRrjnk;h gS] fTklesa lexz foi.ku uhfRk efficient management of marketing operations of the
R©;kj djuk] foRkj.k j.kuhfRk RkFkk moZjdksa o Ñf"k vknkuksa Society, which mainly include formulating the overall
dh fcØh ds fy, ewY; uhfRk R©;kj djuk 'kkfey gSA marketing policy, distribution strategy and pricing
31 ekpZ] 2017 d® foi.ku mi&lfefRk esa 24 funs'kd policy for sale of fertilizers and agricultural inputs. As
F®s fTkuesa vè;{k] mik/;{k rFkk 5 QaD'kuy funs'kd on March 31, 2017, the Marketing Sub-committee
'kkfey F®A bl o"kZ ds n©jku foi.ku mi&lfefRk dh consisted of twenty four Directors including Chairman,
3 cSBdsa gqb±A lHkh cSBdksa esa mifLFkfRk dkQh vPNh Vice Chairman and five Functional Directors. Three
jghA meetings of the Marketing Sub-Committee were held
during the year. All the meetings were well attended.
¼iv½ ys[kkijh{kk lfefRk (iv) Audit Committee
ys[kkijh{kk lfefr laxBu esa mPp Lrj ds xous±l The Audit Committee plays a key role in ensuring
ekudksa dks cuk, j[kus esa egRoiw.kZ Hkwfedk fuHkkrh gSA maintenance of high level of Governance Standards
31 ekpZ] 2017 dks ys[kkijh{kk lfefr esa 10 funs'kd in the organisation. As on March 31, 2017, the Audit
Fks ftuesa vè;{k] mik/;{k rFkk QaD'kuy funs'kd vkSj Committee consisted of ten Directors including
fo'ks"k vkeaf=r lnL; 'kkfey F®A ys[kkijh{kk lfefRk ds Chairman, Vice Chairman, Functional Directors and
dk;Z{®= esa vU; dk;ks± ds vykok fuEufyf[kRk Hkh 'kkfey Special Invitees. The terms of reference of Audit
gSa% Committee inter-alia include the following:
& lfefRk dh foRrh; fji®fV±x dh ÁfØ;k v©j foRrh; – Overseeing the Society's financial reporting process
lwpukvksa ds lgh] i;kZIRk v©j foÜoluh; ÁdVu d® and ensuring correct, adequate and credible
lqfuf'pRk djukA disclosure of financial information.
& Nekgh rFkk okf"kZd foRrh; fooj.kksa d® funs'kd eaMy – Reviewing with management the half yearly and
ds le{k ÁLRkqRk djus ls igys ys[kkadu uhfRk;ksa annual financial statements before submission to
RkFkk ÁfØ;kvksa o ys[kkadu ekudksa ds vuqikyu ij the Board with special emphasis on accounting
fo'®"k è;ku nsR® gq, Áca/ku ds lkFk bldh leh{kk policies and practices and compliance with
djukA Accounting Standards.
& vkaRkfjd fu;a=.k i)fr;ksa dh leh{kk v©j vkaRkfjd – Reviewing the adequacy of internal control systems
ys[kkijh{kk foHkkx dh lajpuk dh leh{kk djukA and the structure of Internal Audit Department.
bl o"kZ ds n©jku ys[kkijh{kk lfefRk dh 2 cSBdsa gqb±A Two meetings of Audit Committee were held during the
ys[kkijh{kk lfefRk ds lnL;ksa ds vykok vkaRkfjd ys[kkijh{kk year. Besides the members of Audit Committee, the
foHkkx ds Áeq[k Hkh fo'®"k vkeaf=Rk ds :i esa ys[kkijh{kk Head of Internal Audit Department is a special invitee to
lfefRk dh lHkh cSBdksa esa Hkkx ysR® gSAa lfefRk ds lkafofèkd all the meetings of Audit Committee. The Statutory
ys[kkijh{kd Hkh ys[kkijh{kk lfefRk dh cSBd esa fo'®"k vkeaf=Rk Auditors of the Society are also special invitees to the
lnL; ds :i esa okf"kZd foÙkh; fooj.k izLrqr djus ds Audit Committee Meeting at the time of presentation of
le; Hkkx ysR® gSa ftuesa os lfefRk ds okf"kZd foRrh; fooj.kksa the annual financial statements, wherein they participate
dh leh{kk ls lacfa /kRk fdlh ppkZ esa Hkkx ysrs gSa vkSj in discussion relating to the review of annual financial
98
mu ekeyksa ij ppkZ djrs gS]a ftUgsa lkafofèkd ys[kkijh{kd statements of the Society and any other matter that in
lfefRk ds /;ku esa ykus dh vko';dRkk le>rs gSAa the opinion of the Statutory Auditors needs to be brought
to the notice of the Committee.
4- vkpkj lafgRkk 4. Code of Conduct
cgqjkT; lgdkjh l®lk;Vht vf/kfu;e] 2002 v©j lfefr ds As provided under the Multi State Cooperative Societies Act,
mi&fu;eksa ds Áko/kkuksa ds vaRkxZRk vke lHkk dks ,sls deZpkfj;ksa 2002 and Bye-laws of the Society, the General Body is to review
dh lwph dh leh{kk djuh gksRkh gS Tk® eq[; dk;Zdkjh vf/kdkjh the list of employees who are relatives of the Members of the
lfgRk funs'kd eaMy ds lnL;ksa ds lac/a kh gSa RkFkk mls funs'kd eaMy Board including Chief Executive and formulate the "Code of
ds lnL;ksa v©j vf/kdkfj;ksa ds fy, ^^vkpkj lafgRkk^^ R©;kj djuh Conduct" for the Members of the Board and Officers. Accordingly,
gksrh gSA Rknuqlkj] lfefRk ds ikl vius y{;ksa vkSj fe'kuksa dks izkIr the Society has a well-defined "Code of Conduct" for its Board
djus ds fy, blds fotu rFkk ewY;ksa ds vuqlkj lfefr ds ekeyksa of Directors in alignment with Society's vision and values to
esa izHkko'kkyh rFkk ikjn'khZ izfØ;k fodflr djus dh n`f"V ls achieve the mission and objectives, and aims at enhancing
funs'kd eaMy ds lnL;ksa ds fy, ,d lqifjHkkf"kRk ^^vkpkj lafgRkk^^ ethical and transparent process in managing the affairs of the
gSA blds vykok] ^^lac/a kh^^ dh ?k®"k.kk djus dk Hkh ,d flLVe Society. Also the system for declaration of "relative" is in place.
gSA ;s ekunaM QaD'kuy funs'kdksa lfgRk funs'kd eaMy ds lHkh These norms are strictly applicable to the Members of the
lnL;ksa ij iwjh Rkjg ls ykxw g®R® gSAa Board including Functional Directors.
5- lrdZrk 5. Vigilance
vius lnL;ksa ds fgrksa dh lqj{kk ds nkf;Ro dks /;ku esa j[krs Keeping in view the responsibility to safeguard the interest of
gq, bQdks us izR;sd mRiknu bdkbZ rFkk foi.ku izHkkx esa lrdZrk its members, IFFCO has set up Vigilance Department at each
foHkkx dh LFkkiuk dh gSA dkWjiksjVs dk;kZy; esa ;g foHkkx] eq[; manufacturing Unit and in the Marketing Division. This
lrdZrk vf/kdkjh ¼lhohvks½ }kjk eSut s fd;k tk jgk gS] tks Department is headed by a Chief Vigilance Officer (CVO) at the
izc/a k funs'kd dks lh/ks fjiksVZ djrs gSAa lrdZrk foHkkx dk izeq[k Corporate Office, who reports directly to the Managing Director.
nkf;Ro [kjhn lacèa kh Qkbyks]a lsok Bsdksa dh leh{kk djuk rFkk The key responsibilities of Vigilance Department are to review
f'kdk;rksa vkfn dk lR;kiu djuk gS rFkk mls viuh flQkfj'k the procurement files, service contracts and verifying complaints
lfgr vko';d dkjZokbZ gsrq bldh fjiksVZ izc/a k funs'kd dks Hkstuh etc. and forward its reports to the Managing Director with
gksrh gSA recommendations for necessary action.
6- '®;j/kkfj;ksa ds LokfeRo ds vf/kdkj 6. Ownership Rights of Shareholders
bQd® dh '®;j/kkfjRkk dk vk/kkj O;kid gS fTklesa 35]243 lgdkjh IFFCO has a diversified shareholder base comprising of
lfefRk;ka v©j 27 foi.ku egkla?k 'kkfey gSAa 31 ekpZ] 2017 35,243 Cooperative Societies, including 27 Marketing
d® lfefRk dh lEiw.kZ iznRr '®;jiwTa kh ns'kHkj esa QSyh bu lgdkjh Federations. As on March 31, 2017, the entire Paid-up equity
lfefr;ks@a foi.ku egkla?kksa ds ikl FkhA bQd® us vius of the Society was held by these Cooperative Societies /
'®;jèkkfj;ksa ds fy, ewY; l`Tku ds mPp LRkj®a d® gkfly fd;k Marketing Federations spread all over the country. IFFCO has
gSA achieved a healthy level of value creation for its Shareholders.
'®;j/kkfj;ksa ds vf/kdkjksa dk foLRk`Rk fooj.k bQd® mi&fu;eksa Shareholders' rights have been well articulated in IFFCO's
esa fn;k x;k gSA lfefRk vius '®;j/kkfj;ksa d® i;kZIRk vk/kkj ij Bye-laws. The Society provides adequate and timely information
v©j le; ls lwpuk nsRkh gS Rkkfd os vkelHkk dh cSBdksa esa Hkkx to its shareholders to enable them to participate in meetings
ys ldsAa ÁfRko"kZ] ubZ fnYyh esa ,d ckj g®us okyh okf"kZd vke of the General Body. Shareholders and Investors grievances
cSBd esa '®;j/kkfj;ksa v©j fuos'kdksa dh f'kdk;Rkksa dk lekèkku fd;k are adequately addressed at the Annual General Meeting,
TkkRkk gSA which is held once every year at New Delhi.
vkelHkk fuEufyf[kr ekeyksa dks ns[krh gS% The General Body has oversight on the following matters:
& funs'kd eaMy ds lnL;ksa dk fuokZpu vFkok mUgsa – Election or removal of the members of the Board of
gVkukA Directors.
& ekStnw k mi&fu;eksa esa la'kks/ku vFkok mUgsa fujLr djuk – Amendment or repeal of existing Bye-laws or enactment
vFkok u;s fu;eksa dks ykxw djukA of new Bye-laws.
& funs'kd eaMy ds lnL;ksa ds fy, vkpkj lafgrk rS;kj – Formulation of Code of Conduct for members of the Board
djukA of Directors.
99
& okf"kZd foRrh; fooj.k rFkk okf"kZd ctV dk vuqeksnuA – Approval of Annual Financial Statements and Annual
Budget.
& fuoy ykHkksa dk forj.kA – Distribution of Net Profits.
a h $ 420-85 djksM+ Fkh vkSj

31-3-2017 dks lfefr dh 'ks;jiwt The Share Capital of the Society as on March 31, 2017 was
'®;jèkkfjRkk dk fooj.k fuEu Ádkj Fkk% $ 420.85 crore and the distribution of shareholding was as
under:
'ks;jksa dk ewY; ¼$½ 'ks;j /kkjdksa dh la[;k vkoafVr 'ks;jksa dh la[;k Value of Shares ($) No. of Shareholders No. of Shares held
1,000 32,431 3,36,103 1,000 32,431 3,36,103
10,000 2,618 39,143 10,000 2,618 39,143
1,00,000 194 34,810 1,00,000 194 34,810
;ksx% 35,243 4,10,056 Total: 35,243 4,10,056
7- lapkj ds lk/ku 7. Means of Communication
dkWjiksjVs foRrh; dk;Zfu"iknu ls lacfa /kr lwpukvksa dk lrr] laxr] Timely disclosure of consistent, relevant and reliable information
fo'oluh; rFkk le; ls izdVu Js"B xous±l dk vk/kkj gSA lfefRk on Corporate Financial Performance is at the core of good
dh okf"kZd fji®VZ osclkbV ij bl Ádkj ls Mkyh TkkRkh gS fd bPNqd governance. The Annual Report of the Society is available on
O;fDRk mls vklkuh ls ns[k ldsa v©j vko';d g®us ij Mkmuy®M dj the website in a user-friendly and downloadable form. Official
ldaAs egRoiw.kZ dk;kZy;h lekpkjksa d® lfefRk dh osclkbV news are displayed on Society's website www.iffco.in. The
www.iffco.in ij Mkyk TkkRkk gSA lfefr okf"kZd fjiksVZ] okf"kZd vke Society communicates with its shareholders through its Annual
cSBdksa rFkk osclkbV ij nh xbZ lwpukvksa ds ek/;e ls vius 'ks;jèkkfj;ksa Report, Annual General Meetings and disclosures through its
ds lkFk lEidZ lk/krh gSA bl osclkbV ij dk;kZy;h lekpkjks]a izSl website. The Society's official news releases, other press
dojst vkfn dks Hkh LFkku fn;k tkrk gSA 'ks;j/kkjh lfefr dh oscs lkbV coverages are also hosted on the website. The Shareholders
dks ns[k ldrs gSa vkSj vko';d foRrh; tkudkjh rFkk lfefr ls laca ) can visit the Society's website for all financial information and
u, fodkl dk;ks± ls lacfa èkr tkudkjh izkIr dj ldrs gaSA new developments related to the Society.
100
101
Lora= ys[kkijh{kdksa dh fjiksVZ Independent Auditor's Report
bafM;u QkjelZ QfVZykbTkj d®vkijsfVo fyfeVsM ds 'ks;jèkkjdksa dks To the Shareholders of Indian Farmers Fertiliser Cooperative Limited
1- foÙkh; fooj.kksa ij fjiksVZ 1. Report on the Financial Statements
geus bafM;u QkjelZ QfVZykbtj d¨vkijsfVo fyfeVsM ¼cgqjkT; We have audited the accompanying financial statements of Indian
lgdkjh lfefr½ ds layXu foRrh; fooj.kä ftlesa 31 ekpZ] 2017 rd Farmers Fertiliser Cooperative Limited (Multi State Cooperative
dk rqyu&i= rFkk mlh rkjh[k d¨ lekIr güs okys o"kZ dk ykÒ&gkfu Society), which comprise the Balance Sheet as at March 31, 2017,
ys[kk] udnh çokg dk fooj.k rFkk egRoiw.kZ ys[kkadu uhfr;ä dk lkjka'k the Statement of Profit and Loss, the Cash Flow Statement for the
v©j vU; O;k[;kRed lwpuk,a nh xÃ gSa] dh ys[kkijh{kk dh gSA blesa year then ended, and a summary of the significant accounting
lfefr ds eLdV v®eku fLFkr 'kk[kk ds fjVUlZ 'kkfey gSa ftudh v®eku policies and other explanatory information. This includes the Returns
esa 'kk[kk ys[kkijh{kdä }kjk ys[kkijh{kk dh xÃ gSA of Society's Branch at Muscat, Oman, which have been audited by
the Branch auditors at Oman.
2- foÙkh; fooj.kksa ds fy, izcaèku dk nkf;Ro 2. Management's Responsibility for the Financial Statements
baLVhV~~;wV vkWQ pkVZMZ ,dkmUVsaV~l vkWQ bafM;k }kjk tkjh ys[kkadu Management is responsible for the preparation of these financial
ekudä lfgr vke rkSj ij Òkjr esa Lohdk;Z ys[kkadu fl)karä rFkk statements that give a true and fair view of the financial position,
cgqjkT; lgdkjh l¨lkbVh vf/kfu;e] 2002 ¼vf/kfu;e½ ds çko/kkuä financial performance and cash flows of the Society in accordance
ds vuq:i bu foRrh; fooj.kä d¨ rS;kj djus dk nkf;Ro çca/ku dk with the accounting principles generally accepted in India, including
gS t¨ lfefr dh foRrh; fLFkfr] foRrh; dk;Z&fu"iknu v©j udnh the Accounting Standards issued by the Institute of Chartered
çokg dk mfpr fp= çLrqr djrs gäA bl nkf;Ro esa bu foRrh; fooj.kä Accountants of India and the provisions of the Multi State Cooperative
d¨ rS;kj djus v©j çLrqr djus ls lEc) vkarfjd fu;a=.k dk fMtkbu] Societies Act, 2002 (the Act). This responsibility also includes the
dk;kZUo;u v©j vuqj{k.k Òh 'kkfey gS t¨ foRrh; fooj.kä dk lgh design, implementation and maintenance of internal control relevant
v©j mfpr fp= çLrqr djsa v©j t¨ fdlh cM+h xyrc;kuh pkgs og to the preparation and presentation of the financial statements that
diV vFkok xyrh ls g¨] ls eqDr gäA give a true and fair view and are free from material mis-statement,
whether due to fraud or error.
3- ys[kkijh{kdksa dk nkf;Ro 3. Auditor's Responsibility
gekjk nkf;Ro gekjh ys[kkijh{kk ds vk/kkj ij bu foRrh; fooj.kä ij Our responsibility is to express an opinion on these financial statements
viuh jk; O;Dr djuk gSA geus vf/kfu;e ds çko/kkuä] ys[kkadu rFkk based on our audit. We have taken in to account the provisions of the
ys[kkijh{kk ekudä] mu ekeyä ftUgsa vf/kfu;e ds çko/kkuä rFkk muds Act, the accounting and auditing standards and matters which are
rgr cuk, x, fu;eä ds varxZr ys[kkijh{kk fji¨VZ esa 'kkfey fd;k required to be included in the audit report under the provisions of the
tkuk visf{kr gS] d¨ /;ku esa j[krs gq, ys[kkijh{kk dh gSA Act and the Rules made there under.
geus viuh ys[kkijh{kk baLVhV~;wV vkWQ pkVZMZ ,dkmUVsaV~l vkWQ bafM;k We conducted our audit in accordance with the Standards on Auditing
}kjk tkjh ys[kkijh{kk ekudä ds vuqlkj dh gSA bu ekudä esa ;g issued by the Institute of Chartered Accountants of India. Those
vis{kk dh tkrh gS fd ge viuh ys[kkijh{kk bl çdkj ls djsa fd Standards require that we comply with ethical requirements and plan
,d mfpr lhek rd bl ckr dh larqf"V g¨ lds fd ;s foRrh; fooj.k and perform the audit to obtain reasonable assurance about whether
fdlh çdkj dh xyrc;kuh ls eqDr gSaA the financial statements are free from material mis-statement.
ys[kkijh{kk çfØ;k esa jkf'k;ä ds ckjs esa ys[kkijh{kk lk{; v©j foRrh; An audit involves performing procedures to obtain audit evidence
fooj.kä ds ckjs esa çdVu çkIr djuk g¨rk gSA ftu çfØ;kv®a dk p;u about the amounts and disclosures in the financial statements. The
fd;k tkrk gS] os ys[kkijh{kdksa ds fu.kZ; ij vk/kkfjr g¨rh gSa ftlesa procedures selected depend on the auditor's judgment, including the
foRrh; fooj.kä ds ckjs esa fdlh cM+h xyrc;kuh ds t¨f[keä dk vkdyu assessment of the risks of material mis-statement of the financial
pkgs og diV vFkok xyrh ls g¨] 'kkfey g¨rk gS A bl çdkj ds statements, whether due to fraud or error. In making those risk
t¨f[keä dk vkdyu djrs le; ys[kkijh{kd foRrh; fooj.kä d¨ rS;kj assessments, the auditor considers internal control relevant to the
djus esa o mudh mfpr çLrqfr ,oa mfpr fp= çLrqr djus ds fy, Society's preparation and fair presentation of the financial statements
lfefr ds vkarfjd fu;a=.kä d¨ /;ku esa j[krs gq, ys[kkijh{kk çfØ;k that give a true and fair view in order to design audit procedures that
ds ,sls fMtkbu dk fu/kkZj.k djrs gSa] t¨ mu ifjfLFkfr;ä esa mfpr are appropriate in the circumstances. An audit also includes evaluating
g¨rk gSA ys[kkijh{kk dk;Z esa çca/ku }kjk viukÃ xÃ ys[kkadu uhfr;ä the appropriateness of accounting policies used and the
ds v©fpR; v©j ys[kkadu vuqekuä dh mi;qDrrk dk ewY;kadu djuk reasonableness of the accounting estimates made by the Management,
Òh 'kkfey g¨rk gS v©j blds lkFk&lkFk blesa foRrh; fooj.kä dh as well as evaluating the overall presentation of the financial
lexz çLrqfr dk ewY;kadu djuk Òh 'kkfey g¨rk gSA statements.
gesa fo'okl gS fd gekjs }kjk çkIr fd, x, ys[kkijh{kk lk{; gekjh We believe that the audit evidence we have obtained is sufficient and
ys[kkijh{kk jk; ds laca/k esa leqfpr v©j i;kZIr vk/kkj çLrqr djrs appropriate to provide a basis for our audit opinion on the financial
gSaA statements.
4- jk; 4. Opinion
gekjh jk; esa v©j gesa nh xÃ lo¨ZRre tkudkjh ds vuqlkj v©j gesa In our opinion and to the best of our information and according to
fn, x, Li"Vhdj.kä ds vuqlkj ;s foRrh; fooj.k vf/kfu;e esa ;Fkk the explanations given to us, the financial statements give the
visf{kr lwpuk,a çnku djrs gSa v©j Òkjr esa vkerkSj ij viuk, tkus information required by the Act in the manner so required and give
102
okys ys[kkadu fl)karä ds vuq:i fuEufyf[kr ds laca/k esa lgh v©j a true and fair view in conformity with the accounting principles
mfpr fp= çLrqr djrs gSa% generally accepted in India:
¼d½ 31 ekpZ] 2017 dh oLrqfLFkfr d¨ n'kkZus okyk rqyu&i= lfefr (a) in the case of the Balance Sheet, of the state of affairs of the
ds dk;¨± dk mfpr fp= çLrqr djrk gS( Society as at March 31, 2017;
¼[k½ ykÒ&gkfu ds fooj.k ds ekeys esa mlh rkjh[k d¨ lekIr gq, (b) in the case of the Statement of Profit and Loss, of the profit
o"kZ ds fy, lfefr ds ykÒ ds laca/k esa lgh v©j mfpr fp= çLrqr for the year ended on that date; and
djrk gS( rFkk
¼x½ udnh çokg fooj.k ds laca/k esa ml rkjh[k d¨ lekIr gq, o"kZ (c) in the case of the Cash Flow Statement, of the cash flows for
ds fy, lfefr ds udnh çokg dk lgh v©j mfpr fp= çLrqr the year ended on that date.
djrs gSaA
5- /;ku nsus ;ksX; ekeyk 5. Emphasis of Matter
ge foÙkh; fooj.kksa ds fVIi.k 28-9 ¼iv½ dh vksj /;ku fnykrs gSa tks We draw attention to Note 28.9 (iv) of the financial statements, which
vFkZlgk;rk ds ckjs esa vfuf'prrk ls lac) gSA bl ekeys esa gekjh relates to uncertainty regarding subsidy matter. Our opinion is not
dksbZ izfrdwy jk; ugha gSA qualified in respect of this matter.
6- vU; ekeys 6. Other Matter
lfefr dh eLdV] v®eku fLFkr 'kk[kk ds foRrh; fooj.kä d¨ lfefr The financial statements of Society's Branch at Muscat, Oman
ds foRrh; fooj.kä esa 'kkfey fd;k x;k gS] t¨ 31 ekpZ] 2017 ds vuqlkj included in the financial statements of the Society, reflecting total
$ 329-24 dj¨M+ dh dqy ifjlaifRr;ä rFkk 'kk[kk ys[kkijh{kd }kjk assets of $ 329.24 crore as at March 31, 2017 and total revenue of
lekIr o"kZ dh ml rkjh[k d¨ $ 61-16 dj¨M+ ds dqy jktLo d¨ n'kkZrk $ 61.16 crore for the year ended on that date have been audited by
gS] ftldh fji¨VZ gesa çLrqr dh xÃ gS vkSj gekjh jk; esa tgka rd the Branch auditor whose report has been furnished to us, and our
bl 'kk[kk dh 'kkfey dh xÃ jkf'k;ä rFkk fMLDy¨tj dk lacaèk gS] opinion, in so far as it relates to the amounts and disclosures included
;g 'kk[kk ys[kkijh{kd dh ,dek= fji¨VZ ij vk/kkfjr gSA bl ekeys in respect of this Branch, is based solely on the report of such Branch
esa gekjh jk; d¨ la'k¨f/kr ugÈ fd;k x;k gS A auditor. Our opinion is not modified in respect of this matter.
7- vU; fof/kd o fofu;ked vis{kkv®a ij fji¨VZ 7. Report on Other Legal and Regulatory Requirements
cgqjkT; lgdkjh l¨lkbVh vf/kfu;e] 2002 dh vis{kkv®a ds vuqlkj As required under the Multi State Cooperative Societies Act, 2002,
ge fji¨VZ nsrs gSa fd% we report that:
¼d½ geus os lÒh lwpuk,a ,oa Li"Vhdj.k t¨ gekjh tkudkjh ,oa (a) We have obtained all the information and explanations, which
fo'okl ds vuqlkj ys[kkijh{kk ds fy, vko';d Fks] çkIr dj fy, to the best of our knowledge and belief were necessary for the
gSa( purposes of our audit;
¼[k½ gekjs fopkj ls] lfefr us cgqjkT; lgdkjh l¨lkbVh fu;ekoyh] (b) In our opinion, proper books of account as specified in the Multi
2002 v©j lfefr ds mi fu;eä ds vuqlkj ;Fkko';d ys[kk iqLrdsa State Cooperative Societies Rules, 2002 have been kept by the
leqfpr :i ls j[kh gSa] tSlk fd iqLrdä dh tkap ls çrhr g¨rk Society so far as appears from our examination of those books,
gS v©j ftu 'kk[kkv®a esa ge ugÈ tk ik, gSa ogka ls leqfpr fjVUlZ and proper returns adequate for the purposes of our audit have
gesa çkIr g¨ xÃ gSa v©j ;s fjVuZ ys[kkijh{kk ds gekjs ç;¨tu been received from the branches not visited by us;
ds fy, i;kZIr gSa(
¼x½ v®eku fLFkr eLdV 'kk[kk ds [kkrä ftudh ys[kkijh{kk lfefr (c) The Accounts of the Society's Branch at Muscat, Oman have
ds ys[kkijh{kdä ls fÒUu vU; ys[kkijh{kdä ls djkÃ xÃ gS v©j been audited by the auditors other than the Society's auditors
eLdV 'kk[kk ls çkIr foRrh; fooj.kä d¨ lfefr dh ys[kkadu and the financial statements as received from the Society's
uhfr;ä ds vuqlj.k esa gekjs }kjk ;Fkk ys[kkijhf{kr foRrh; fooj.kä Branch at Muscat, Oman have been incorporated in the
esa 'kkfey dj fy;k x;k gS v©j geus viuh fji¨VZ esa mu financial statements as audited by us, in accordance with the
ys[kkijh{kdä dh fji¨VZ d¨ ekU;rk nh gS( accounting policies of the Society and the Auditor's Report
thereon has been considered in our Report;
¼Ä½ bl fji¨VZ esa fn, x, foRrh; fooj.k vFkkZr rqyu&i=] ykÒ&gkfu (d) The financial statements i.e. the Balance Sheet, Statement of
fooj.k rFkk udnh çokg fooj.k ys[kk iqLrdä ls esy [kkrs Profit and Loss and Cash Flow Statement dealt with by this
gSaA report are in agreement with the books of accounts.
For Arun Singh & Co. For V. K. Dhingra & Co. For G. S. Mathur & Co. For S. Mann & Co. For S. K. Mehta & Co.
Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants
Firm Regn. No. 011863 N Firm Regn. No. 000250 N Firm Regn. No. 008744 N Firm Regn. No. 000075 N Firm Regn. No. 000478 N
(Denesh Singh) (V. K. Dhingra) (Rajiv Wadhawan) (Subhash Chander Mann) (S. K. Mehta)
Partner Partner Partner Partner Partner
M. No. 097345 M. No. 014467 M. No. 091007 M. No. 080500 M. No. 010870
Place: New Delhi.

Dated: May 3, 2017.
103
egÙoiw.kZ ys[kk uhfr;ka Significant Accounting Policies
1- foÙkh; fooj.k R©;kj djus dk vkËkkj 1. Basis of Preparation of Financial Statements

;s foRrh; fooj.k HkkjRk esa vkeRk©j ij Lohdk;Z ys[kkadu fl)kaRkksa] The financial statements are prepared on accrual basis under
baLVhVÓwV v‚Q pkVZMZ ,dkmaVsaV~l v‚Q bafM;k }kjk Tkkjh ys[kkadu the historical cost convention in accordance with the Generally
ekudksa v©j cgqjkT; lgdkjh l®lkbVht vfËkfu;e] 2002 ds Accepted Accounting Principles in India, the Accounting
ÁkoËkkuksa ds vuqlkj fgLV®fjdy ykxRk ijEijk ds vaRkxZRk ,Øwvy Standards issued by the Institute of Chartered Accountants
vkËkkj ij R©;kj fd;s x;s gSaA of India and the provisions of Multi State Cooperative Societies
Act, 2002.
2- vuqekuksa dk mi;®x 2. Use of Estimates

;s foRrh; fooj.k vkeRk©j ij Lohdk;Z ys[kkadu fl)kaRkksa ds vuq:i The preparation of financial statements, in conformity with the
R©;kj fd;s x;s gSa fTkuds vaRkxZRk tgka dgha Hkh vko';d gksrk Generally Accepted Accounting Principles, requires
gS] foRrh; fooj.kksa d® R©;kj djus dh Rkkjh[k d® mu jkf'k;ksa Management to make estimates and assumptions wherever
ds vuqeku v©j iwokZuqeku yxk;s Tkkus dh vko';dRkk g®Rkh gS necessary that affect the reported amount of assets, liabilities
Tk® ifjlEifRr;ksa] ns;rkvksa v©j izklafxd ns;Rkkvksa dh fji®VZxRk and contingent liabilities as on the date of the financial
jkf'k;ksa ij vkSj vofèk ds nkSjku jktLo o O;; dh fjiksVZxr statements and the reported amount of revenue and expenses
jkf'k ij ÁHkko MkyRkh gSaA okLRkfod ifj.kkeksa v©j vuqekuksa ds during the period. Difference between the actual results and
chp ds vaRkj d® ml vofËk ds n©jku ekU;Rkk Ánku dh TkkRkh estimates are recognised in the period, in which the results
gS ftlesa bu ifj.kkeksa dk iRkk py TkkRkk gSA materialise.
3- LFkk;h ifjlEifRr;ka 3. Fixed Assets

¼d½ LFkk;h ifjlEifRr;ksa dk mYys[k fgLV®fjdy ykxRk esa ls lafpRk (a) Fixed Assets are stated at historical cost less accumulated
ewY;gzkl@ifj'kksèku ?kVkdj fd;k x;k gSA ykxRk esa [kjhn ewY; depreciation / amortisation. Cost comprises of the
v©j ml ifjlEifRr d® okafNRk mi;®x dh fLFkfRk esa ykus ds purchase price and any attributable cost of bringing the
fy, O;; dh xbZ lHkh jkf'k;ksa d® Hkh 'kkfey fd;k x;k gSA asset to its working condition for its intended use.
¼[k½ lfØ; mi;ksx ls gVkbZ xbZ vkSj fuiVku ds fy, j[kh xbZ (b) Assets retired from active use and held for disposal are
ifjlEifRr;ksa dks vyx ls LFkk;h ifjlEifRr;ksa ds varxZr shown separately under Fixed Assets at lower of net
fuoy [kkrk ewY; ds U;wure ij vkSj vuqekfur olwyh ;ksX; book value and net realisable value.
ewY; ij n'kkZ;k x;k gSA
4- fuekZ.k vofËk ds n©jku fd;k x;k O;; 4. Expenditure incurred during Construction Period
bdkbZ;ksa ds u;s@Áeq[k foLRkkj ds lacaËk esa okf.kfT;d mRiknu In respect of new / major expansion of units, the indirect
vkjaHk g®us dh Rkkjh[k Rkd fuekZ.k vofËk ds n©jku fd;s x;s vÁR;{k expenditure incurred during construction period upto the date
O;; tks fd ml ifj;®Tkuk ds fuekZ.k ls lacafËkRk gSa] d® vkuqikfRkd of commencement of commercial production, which is
vkËkkj ij iwaTkhÑRk fd;k x;k gSA attributable to the construction of the project, is capitalised on
proportionate basis.
5- vewRkZ ifjlEifRr;ka 5. Intangible Assets

fdlh vewRkZ ifjlEifRr d® RkHkh vewRkZ ifjlEifRr ekuk x;k gS Tkc An intangible asset is recognised where it is probable that the
,slh laHkkouk g® fd Hkfo"; esa ml ifjlEifRr ls lfefRk d® vkfFkZd future economic benefits attributable to the asset will flow to
ykHk feysxk v©j ml ifjlEifRr dh ykxRk dh x.kuk fo'oluh; the Society and the cost of the asset can be measured
Rk©j ij dh Tkk ldRkh gSA ,slh ifjlEifRr;ksa d® pqdk, x, _.k reliably. Such assets are stated at cost less accumulated
d® ?kVkus ds ckn ykxRk ij n'kkZ;k tkrk gSA amortisation.
6- ifjlEifRr;ksa dk gkfudj.k 6. Impairment of Assets

ÁR;sd Rkqyu&i= R©;kj djus dh Rkkjh[k d® ;g vkdyu fd;k At each Balance Sheet date an assessment is made whether
TkkRkk gS fd D;k fdlh ifjlEifRr ds gkfudj.k ds fy, fdlh any indication exists that an asset has been impaired. If any
Ádkj dk d®bZ ladsRk e©Tkwn gSA vxj ,slk d®bZ ladsRk fn[kkbZ such indication exists, an impairment loss i.e. the amount, by
nsRkk gS] Rk® foPNsnu gkfudj.k dh jkf'k vFkkZRk~ ml ifjlEifÙk which the carrying amount of an asset exceeds its recoverable
dh olwyh ;ksX; jkf'k ls mldh dSfjax jkf'k ftruh vfèkd gS] amount, is provided in the books of account.
dk izkoèkku ys[kkiqLrdksa ls fd;k tkrk gSA
104
7- fuos'k 7. Investments
¼d½ nh?kkZofËkd ¼xSj&pkyw½ fuos'kksa dk fglkc ykxr ij yxk;k (a) Long Term (Non-Current) Investments are carried at
x;k gSA ,sls fuos'kksa ds ewY; esa deh dk izkoËkku dsoy ml cost. Provision for diminution in the value of such
voLFkk esa fd;k x;k gS tc og deh fuos'k dh ykxr esa investments is made to recognise a decline, other than
vLFkk;h rkSj ls fHkUu gksA temporary.
¼[k½ pkyw fuos'kksa dk ewY; ykxr ds U;wure ij vFkok izR;sd fuos'k (b) Current Investments are valued at lower of cost and fair
ds vkËkkj ij leqfpr ewY; ij fuËkkZfjr fd;k x;k gSA value determined on an individual investment basis.
8- ekylwfp;ka 8. Inventories
ekylwfp;ksa dk ewY;kadu] ykxr vkSj fuoy olwyh ;ksX; ewY; Inventories are valued at lower of cost and net realisable
ij fd;k x;k gSA value.
¼d½ ekylwph dh fofHkUu enksa dh ykxr fuEufyf[kr vkËkkj ij (a) The cost in respect of various items of inventory is
fudkyh xbZ gS% computed as under:
(i) dPps eky] iSfdax lkexzh] fuekZ.k lkexzh] LVkd esa (i) Raw Materials, Packing Materials, Construction
ywt VwYl] LVkd esa dsfedy ,oa dSVkfyLV rFkk Lis;lZ Materials, Loose Tools in Stock, Chemicals and
vkSj LVkslZ dh ekfld Hkkfjr vkSlr ykxr ijA Catalysts in Stock and Stores and Spares at monthly
weighted average cost.
(ii) izfØ;kËkhu LVkd dk izR;{k ykxr ij vkSj Åijh& [kpksZa (ii) Stock-in-Process at direct cost and an appropriate
ds leqfpr Hkkx dks tksM+djA portion of overheads.
(iii) rS;kj eky% (iii) Finished Goods:
& mRikfnr ukbVªksthul moZjd tks xzqi fj;k;r – Manufactured Nitrogenous Fertilisers covered by
;kstuk ds varxZr vkrs gSa] dk ewY;kadu la;a= Lrj Group Concession Scheme at Annualised Cost
ij okf"kZd mRiknu ykxr esa ls moZjd m|ksx leUo; of Production at Plant after adjustment of subsidy
lfefr ¼,QvkbZlhlh½ ds ekudksa ds vuqlkj fuËkkZfjr determined as per the Norms of the Fertiliser
dh xbZ vFkZlgk;rk dk lek;kstu djus ds cknA Industry Coordination Committee (FICC).
& mRikfnr QkLQsfVd moZjdksa dk ewY;kadu la;a= Lrj – Manufactured Phosphatic Fertilisers at Annualised
ij okf"kZd mRiknu ykxr ij moZjd foHkkx] Hkkjr Cost of Production at Plant after adjustment of
ljdkj }kjk le;≤ ij vfèklwfpr vFkZlgk;rk concession as Notified by the Department of
dk lek;kstu djus ds cknA Fertilisers, Government of India from time to
time.
(iv) LVkWd&bu&VªsM% (iv) Stock-in-Trade:
& vk;kfrr ukbVªksthul moZjd ekeys esa Hkkfjr vkSlr – Imported Nitrogenous Fertilisers at procurement
vkèkkj ij fuèkkZfjr [kjhn ykxr tek izR;{k O;; cost determined on weighted average basis plus
esa ls Hkkjr ljdkj }kjk r; dh xbZ gSaMfyax ykxr direct expenses less reimbursement of handling
dh izfriwfrZ ?kVkdjA cost as fixed by the Government of India.
& vk;kfrr QkLQsfVd moZjd ekeys esa Hkkfjr vkSlr – Imported Phosphatic Fertilisers at procurement
vkèkkj ij fuèkkZfjr [kjhn ykxr tek izR;{k O;; esa cost determined on weighted average basis plus
moZjd foHkkx] Hkkjr ljdkj }kjk le;≤ ij direct expenses after adjustment of concession
vfèklwfpr vFkZlgk;rk ds lek;kstu ds cknA as Notified by the Department of Fertilisers,
Government of India from time to time.
¼[k½ rS;kj eky ds fuoy olwyh ;ksX; ewY; dk fuËkkZj.k O;kikj dh (b) Net realisable value of Finished Goods is determined at
lkekU; ifjfLFkfr;ksa esa vuqekfur fcØh ewY; esa ls fcØh djus estimated selling price in the ordinary course of business
ds fy, vko';d ykxrksa dks ?kVkus ds ckn fd;k tkrk gSA less the estimated costs necessary to make the sale.
¼x½ LVksj o Lis;lZ tks Lyks ;k ukWu&ewfoax gSa] dks rduhdh (c) Stores and Spares, which are slow or non-moving are
vuqekuksa ds vkèkkj ij vuqekfur olwyh ;ksX; ewY; ij valued at estimated realisable value based on technical
ewY;kafdr fd;k x;k gS rkfd muds iqjkus gksus vFkok ewY; estimates to reflect the impact of obsolescence or other
esa vU; fdlh deh ds izHkko dks n'kkZ;k tk ldsA diminution in value.
9- ewY;gzkl@ifj'kksËku 9. Depreciation / Amortisation
¼d½ vpy ifjlaifÙk;ksa esa ewY;gzkl dk izkoèkku mudh mi;ksxh (a) Depreciation on Fixed Assets is provided on Straight Line
thoukofèk ds vkèkkj ij vkSj daiuht vfèkfu;e 2013 dh Method based on useful life and in the manner prescribed
105
vuqlwph 2 esa ;FkkfuèkkZfjr rjhds ls LVªsV ykbu eSFkM+ ds vuqlkj by Schedule II to the Companies Act, 2013.
fd;k x;k gSA
¼[k½ ifjlEifRr;®a d® mudh ewy ykxRk dh 95 ÁfRk'kRk lhek (b) Assets are depreciated to the extent of 95% of the
Rkd ewY;gzkflRk fd;k TkkRkk gS] flok; ,slh ifjlEifRr;ksa original cost except assets individually costing upto
ds] fTkudh ykxRk ÁR;sd ekeys esa $ 5]000/- Rkd g®Rkh gS] $ 5,000/-, which are fully depreciated in the year of
d® vfËkxzg.k ds o"kZ esa gh iwjh Rkjg ewY;gzkflRk dj fn;k acquisition.
TkkRkk gSA
¼x½ e'khujh Lis;lZ ftudk mi;ksx la;a= o e'khujh dh fdlh en (c) Machinery Spares, which can be used only in connection
ds laca/k esa gh fd;k tk ldrk gS rFkk bldks vfu;fer :i with an item of Plant and Machinery and its use is
ls mi;ksx esa ykus dh laHkkouk gS] dk iw.kZ ewY;gzkl lEc) expected to be irregular, are fully depreciated over the
ifjlEifRr dh '®"k mi;®xh TkhoukofËk ij fd;k x;k gSA remaining useful life of the related asset.
¼?k½ iÍs okyh Hkwfe ds vfËkxzg.k dh ykxr ds HkqxRkku d®] LFkk;h (d) Cost of acquisition of leasehold land, other than those
yht ds varxZr vf/kx`ghr Hkwfe dks NksM+dj] iÍs dh vofËk acquired under perpetual lease basis, is amortised over
esa ifj'kksfèkr fd;k x;k gSA the period of lease.
¼p½ iÍs okys Hkouksa ij iw.kZ ewY;gzkl iÍk vofËk rFkk bldh (e) Leasehold buildings are fully depreciated over the period
mi;ksxh thoukofèk ds fy;s] tks Hkh de gksxh] daiuht+ of lease and the useful life as per Schedule II to the
vfèkfu;e 2013 dh vuqlwph 2 ds vuqlkj fd;k x;k gSA Companies Act, 2013, whichever is lower.
¼N½ vewRkZ ifjlEifRr;ksa dk ifj'k®Ëku mudh vuqekfuRk mi;®xh (f) Intangible assets are amortised over their estimated
Tkhou vofËk esa fd;k TkkRkk gS ijUrq ifjlaifÙk dh ;g vofËk useful lives but not exceeding ten years.
10 o"kZ ls vfËkd ugÈ g®uh pkfg,A
10- jkTkLo dk Lohdj.k 10. Revenue Recognition
jkTkLo Lohdj.k ml lhek Rkd fd;k TkkRkk gS Tkgka Rkd mld® Revenue is recognised to the extent that it can be reliably
fo'oluh;Rkk ds vkËkkj ij vkadk Tkk ldRkk gS v©j ;g laHkkouk measured and is probable that the economic benefits will flow
g®Rkh gS fd blls lfefRk d® vkfFkZd ykHk gksaxsA to the Society.
¼d½ eky dh fcØh (a) Sale of Goods

(i) ?kjsyw fcfØ;ksa dk fglkc fuxZe v©j fjyhTk vkns'kksa ds (i) Domestic Sales are recognised on the basis of issue
Lohdkj g®us ds vkËkkj ij fd;k TkkRkk gS fTklds vaRkxZRk and acceptance of Release Orders whereby all
ekfydkuk gd ds lHkh Áeq[k Tk®f[ke v©j ykHk [kjhnnkj significant risks and rewards of ownership are
d® vaRkfjRk g® TkkR® gSa v©j lfefRk ds ikl eky ij bl transferred to the buyer and the Society retains no
Ádkj dk d®bZ ÁHkkoh fu;a=.k ugÈ g®Rkk Tk®fd vkeRk©j effective control of the goods transferred to a degree
ij ekfydkuk gd ls TkqM+k g®A usually associated with the ownership.
(ii) gkbZ lh lsYl dh x.kuk ØsRkk ds i{k esa fcy v‚Q ySÇMx (ii) High Sea sales are recognised upon endorsement
ds i`"Bkadu ij dh TkkRkh gSA of bill of lading in favour of buyer.
¼[k½ HkkjRk ljdkj ls vFkZ&lgk;Rkk (b) Subsidy from Government of India

HkkjRk ljdkj ls ÁkIRk g®us okyh moZjd laca/kh jkTkLo Revenue Subsidy from Government of India allowable
vFkZ&lgk;Rkk dh x.kuk lacafËkr fj;k;r ;kstuk ds varxZr under Concession Scheme with regard to Fertilisers is
,d lqfuf'pRk rkSj ij ml vkËkkj ij dh TkkRkh gS fTkldh recognised on a systematic basis to match with the
lEc) ykxRk dh ÁfRkiwfRkZ g®us dh laHkkouk g®Rkh gSA related costs that are intended to compensate.
¼x½ vU; vk; (c) Other Income

(i) ykHkka'k vk; dh x.kuk RkHkh dh TkkRkh gS Tkcfd (i) Dividend income is recognised when the right to
mldk HkqxRkku ÁkIRk g®us dk vfËkdkj iDdk g® TkkRkk receive payment is established. Interest income is
gSA C;kt dh vk; dh x.kuk le; vuqikr vkèkkj ij recognised on a time proportion basis.
dh tkrh gSA
(ii) xzkgdksa ls nsj ls ÁkIRk g®us okys HkqxRkkuksa ij C;kTk] (ii) Interest on delayed payments from customers,
chek nkoksa] dksy xzsM fLyist nkoksa] rS;kj eky insurance claims, coal grade slippage claims, Railway
ds fy, jsyos nkoksa rFkk f'kieSaV ij fMLiSp euh ds claims for finished goods, Customs & Excise claims
dkj.k izkI; nkoksa dks rHkh ekU;rk iznku dh tkrh gS and claims on account of despatch money on
tc olwy dh tkus okyh jkf'k ds ckjs esa vkSj mldh shipments are recognised when reasonable certainty
vafre olwyh ds ckjs esa i;kZIr vk'oklu gksrk gSA exists with regard to the amount to be realised and
ultimate collection thereof.
106
(iii) LØSi@lkYost vkSj csdkj lkeku ls gksus okyh vk; dks (iii) Income from scrap / salvage and waste material is
rHkh [kkrksa esa fy;k tkrk gS tc mls cspk tkrk gSA recognised when sold.
11- fons'kh eqæk esa ysu&nsu 11. Foreign Currency Transactions

¼d½ fons'kh eqæk esa fd, x, l©nksa d® vkjafHkd Lohdj.k ij l©ns (a) Foreign Currency transactions are recorded on initial
dh Rkkjh[k d® ykxw fofue; nj ij fjdkMZ fd;k TkkRkk gSA recognition at the exchange rate prevailing on the date of
l©nksa dk fuiVku g® Tkkus ij fons'kh eqæk ds l©nksa ij g®us the transaction. On settlement of transactions, the realised
okys fdlh ykHk vkSj gkfu d® ykHk o gkfu [kkR® esa n'kkZ;k gains and losses on foreign exchange transactions are
tkrk gSA recognised in the Statement of Profit and Loss.
¼[k½ o"kZ dh lekfIRk ij fuiVku ds fy, cdk;k fons'kh eqæk dh (b) Foreign currency monetary items remaining unsettled at
ekSfnzd enksa d® o"kZ ds vaRk esa ÁpfyRk nj®a ij fjiksVZ fd;k the end of the year are reported at year-end rates. The
tkrk gSA buesa vkus okys fofue; nj ds vaRkj d®] ykHk&gkfu exchange rate differences arising thereof are recognised
[kkR® esa n'kkZ;k tkrk gSA xSj&ekSfnzd ensa] fTkUgsa fgLV®fjdy in the Statement of Profit and Loss. Non-monetary items,
ykxRk ij fy;k x;k gS v©j fons'kh eqæk esa n'kkZ;k x;k which are carried at historical cost denominated in a
gS] d® ysu&nsu dh Rkkjh[k d® ÁpfyRk fofue; nj dk mi;®x foreign currency are reported using the exchange rate at
djds fy;k tkrk gSA the date of the transaction.
¼x½ QkjoMZ daVªSDV~l ds laca/k esa QkjoMZ ,Dlpsat daVªSDV~l ds (c) In respect of forward contracts, premium or discount
vkjaHk gksus ij izhfe;e vFkok feyus okyh NwV d® Bsds dh arising at the inception of forward exchange contracts is
vofËk esa vk; vFkok O;; ds :i esa ifj'kksfËkr fd;k TkkRkk amortised as an expense or income over the period of
gSA o"kZ dh lekfIr ij fuiVku ds fy, cdk;k QkjoMZ the contract. Forward contracts remaining unsettled at
daVªSDV~l dks o"kZ ds var dh njksa ds :i esa fjiksVZ fd;k the end of the year are reported at year-end rates. Any
tkrk gSA QkjoMZ ,Dlpsat Bsdksa dks jn~n djus ;k uohÑr profit or loss arising on cancellation or renewal of forward
djus ls gksus okys fdlh ykHk vFkok gkfu dks] ml vofèk exchange contracts is recognised as income or expense
ftlesa mDr ykHk vFkok gkfu gqbZ gS] esa vk; vkSj O;; ds in the year, in which such profit or loss arises.
:i esa fglkc esa fy;k tkrk gSA
¼?k½ fons'kh 'kk[kkvksa ds foRrh; fooj.kksa d® vfHkUu Hkkx ds :i (d) Financial statements of foreign branches are considered
esa fy;k tkrk gS v©j bls fuEukuqlkj :ikarfjr fd;k x;k gS% to be integral and are translated as follows:
(i) e©fæd ifjlEifRr;ksa v©j ns;Rkkv®a d® o"kZ ds vaRk esa (i) Monetary assets and liabilities at rates of exchange
ÁpfyRk fofue; njksa ijA prevailing at the end of the year.
(ii) xSj&e©fæd enksa d® l©ns dh Rkkjh[k d® ÁpfyRk fofue; (ii) Non-monetary items at exchange rates prevailing on
nj ijA the date of transaction.
(iii) jkTkLo enksa d® ,Dlpsat nj ij tks ysu&nsu dh rkjh[k (iii) Revenue items are accounted for at the exchange
dks ekStwnk nj ds vkl&ikl gksrh gS] ij fglkc esa fy;k rate, which approximates the rate prevailing as on
tkrk gSA the date of transaction.
(iv) bl izdkj ls gksus okys 'ks"k :ikarj.k varjksa dks ykHk (iv) Resultant translation differences arising therefrom
o gkfu [kkrs esa Mkyk tkrk gSA are recognised in the Statement of Profit and Loss.
12- pkyw dj vkSj vkLFkfxRk dj 12. Current Tax and Deferred Tax
bl vofËk ds nkSjku dj O;; ftuesa pkyw dj vkSj vkLFkfxr Tax expense for the period, comprising Current Tax and
dj 'kkfey gSa dks bl o"kZ ds fuoy ykHk@¼gkfu½ dk fuËkkZj.k Deferred Tax is included in determining the Net Profit / (Loss)
djrs le; fd;k tkrk gSA for the year.
¼d½ pkyw dj dk izkoËkku ykxw Mcy VSDls'ku ,ok;Msal ,xzhesaV (a) Provision for Current Income Tax is made as per provisions
izko/kkuksa dks /;ku esa j[krs gq, vk;dj vfËkfu;e] 1961 ds of Income Tax Act, 1961 after considering the applicable
izko/kkuksa ds vuqlkj fd;k tkrk gSA Double Taxation Avoidance Agreement provisions.
¼[k½ dj ;®X; vk; v©j ys[kk vk; ds chp **le; vaRkjkyksa** (b) Deferred Tax resulting from "timing differences" between
ds ifj.kkeLo:i vkLFkfxr dj dk fuèkkZj.k rqyu i= dh taxable income and accounting income is determined by
rkjh[k dks ykxw dj njksa vkSj dj dkuwuksa dks mi;ksx esa using the tax rates and the tax laws that have been
ykdj fd;k tkrk gSA vkLFkfxr dj lEifÙk;ksa dks enacted or substantively enacted as on the Balance
okftc@oLrqr% lqfuf'pr lhek rd vkxs ys tk;k tkrk gS Sheet date. Deferred Tax assets are carried forward to
fd Hkfo"; esa tc dj ;ksX; ykHk gksxk rc bl izdkj dh the extent it is reasonably / virtually certain that future
vkLFkfxr dj lEifÙk;ksa dks olwy fd;k tk ldsxkA taxable profit will be available, against which such
Deferred Tax assets can be realised.
107
13- _.k ykxRk 13. Borrowing Cost
_.k ykxRk fTkUgsa vfËkxzg.k ;k DokfyQkbax ifjlEifRr;ksa ds fuekZ.k Borrowing costs that are attributable to the acquisition or
ds fy, vkoafVRk fd;k x;k gS] d® bu ifjlEifRr;ksa dh ykxRk construction of qualifying assets are capitalised as part of
ds :i esa iwaTkhÑRk fd;k tkrk gSA DpkfyQkbax ifjlEifRr og cost of such assets. A qualifying asset is one that necessarily
ifjlEifRr g®Rkh gS fTkls okafNr mi;®x gsRkq R©;kj g®us esa vfuok;ZRk% takes substantial period of time to get ready for intended
dkQh le; yxRkk gSA vU; lHkh _.k ykxRkksa d®] ml vofËk] fTklesa use. All other borrowing costs are recognised as an
O;; fd;k x;k gS] esa O;; ds :i esa fy;k tkrk gSA expense in the period, in which they are incurred.
14- deZpkfj;ksa dks ykHk 14. Employee Benefits

¼d½ deZpkjh vYidkfyd ykHk (a) Short Term Employee Benefits
deZpkfj;ksa d® vYidkfyd ykHkksa dks ml o"kZ ds ykHk o Short Term Employee Benefits are recognised as an
gkfu ys[kk esa vufMLdkmafVM vkËkkj ij O;; ds :Ik esa expense on an undiscounted basis in the Statement of
fy;k tkrk gS] ftl o"kZ ;s lsok,a izkIr dh tkrh gSaA Profit and Loss of the year, in which the related service
is rendered.
¼[k½ fu;kstu mijkUr ykHk (b) Post Employment Benefits

deZpkfj;ksa dhs minku fufËk ;kstuk vkSj Hkfo"; fufËk ;kstuk The Employees' Gratuity Fund Scheme and Provident
lfefr dh ifjHkkf"kr ykHk ;kstuk,a gSa ftudk foRr iks"k.k Fund Scheme are the Society's defined benefit plans,
lfefr }kjk fd;k tkrk gS vkSj budk izcaËku vyx U;kl which are funded by the Society and are managed by
}kjk fd;k tkrk gSA separate Trusts.
(i) minku ;kstuk ds varxZr lfefr ds nkf;Ro Hkkj ds (i) The present value of Society's obligations under
orZeku ewY; dk fuèkkZj.k o"kZ ds var esa okLrfod ewY;kadu Gratuity Scheme is determined on the basis of
ds vkËkkj ij fd;k tkrk gS vkSj minku ;kstuk ds actuarial valuation at the year end and the fair value
varxZr ldy nkf;Ro esa ls Iyku ifjlEifRr;ksa dk mfpr of plan assets is reduced from the gross obligations
ewY; ?kVk dj fuoy vkËkkj ij nkf;Ro dks ekU;rk iznku under Gratuity Scheme, to recognise the obligation
dh tkrh gSA on net basis.
(ii) Hkfo"; fufËk vkSj ifjokj isa'ku ;kstuk ds varxZr fd;s (ii) The contribution to Provident Fund and Family
tkus okys va'knku dks O;; ekuk tkrk gS vkSj mls Pension Scheme is recognised as expense and is
ykHk o gkfu ys[ks esa izHkkfjr fd;k tkrk gSA charged to the Statement of Profit and Loss.
(iii) lfefr dks Hkfo"; fufËk U;kl }kjk fd;s x;s fuos'kksa (iii) The Society has an obligation to make good the
ls feyus okys izfrykHk vkSj vfËklwfpr C;kt njksa ds shortfall, if any, between the return from the
chp ds vUrj dks] ;fn dksbZ gks] dks iwjk djuk gksrk investments of Provident Fund Trust and the notified
gSA bl deh ds dkj.k cuus okyh ns;rk] ;fn dksbZ interest rates. Liability, on account of such shortfall,
gks] dks ekU;rk o"kZ ds var esa ,Dpwfj;y ewY;kadu ds if any, is recognised on the basis of actuarial valuation
vkËkkj ij nh tkrh gSA carried out at the year end.
¼x½ nh?kZdkfyd deZpkjh ykHk (c) Long Term Employee Benefits

NqV~Vh udnhdj.k@dEialsfVM vuqifLFkfr dh ns;rk dks The liability for Leave Encashment / Compensated
ekU;rk o"kZ ds var esa okLrfod ewY;kadu ds vkËkkj ij nh Absences is recognised on the basis of an actuarial
tkrh gSA valuation made at the year end.
¼?k½ ,Dpwfj;y ewY;kadu ds QyLo:i gksus okys ykHk vkSj (d) Gains and losses arising out of actuarial valuation are
gkfu;ksa dks ykHk o gkfu [kkrs esa Mkyk tkrk gSA recognised in the Statement of Profit and Loss.
15- ÁkoËkku] Áklafxd ns;Rkk,a v©j Áklafxd ifjlEifRr;ka 15. Provisions, Contingent Liabilities and Contingent Assets
¼d½ ns;rkvksa] ftudk vkadyu Bksl vuqekuksa ds vkËkkj ij fd;k (a) Provisions are recognised for liabilities that can be
tk ldrk gS] ds fy, izkoËkku rHkh fd;k tkrk gS tc% measured by using a substantial degree of estimation, if:
(i) lfefRk ij e©Tkwnk nkf;Ro foxRk ifj.kke ds dkj.k (i) the Society has a present obligation as a result of
gks( a past event;
(ii) lalkËkuksa ds izR;kf'kr vkmV¶y® ftlls vkfFkZd ykHkksa (ii) a probable outflow of resources embodying economic
ls nkf;Ro ds fuiVku dh laHkkouk gks( vkSj benefits is expected to settle the obligation; and
(iii) nkf;Ro dh jkf'k dk fo'oluh; rkSj ij vuqeku yxk;k (iii) the amount of the obligation can be reliably
Tkk ldRkk gksA estimated.
108
¼[k½ izklafxd ns;rk dks ml fLFkfr esa fMLDykst fd;k tkrk gS% (b) Contingent liability is disclosed in case of:
(i) Tkc lfefRk ij e©Tkwnk nkf;Ro foxRk ifj.kke ds dkj.k (i) a present obligation arising from a past event when
gS vkSj ;g laHkkouk ugha gS fd nkf;Roksa ds fuiVku it is not probable that an outflow of resources
ds fy, vkfFkZd ykHk okys lalkËkuksa ds vkmV¶y® dh embodying economic benefits will be required to
vko';drk gksxhA settle the obligation.
(ii) dksbZ laHkkfor nkf;Ro] tc rd fd fuiVku esa vkmV¶yks (ii) a possible obligation, unless the probability of outflow
dh laHkkouk cgqr de gSA in settlement is remote.
¼x½ Áklafxd ifjlEifRr;ksa d® u rks fglkc esa fy;k tkrk gS vkSj (c) Contingent assets are neither recognised nor disclosed
u gh foRrh; fooj.kksa esa budks fMLdykst fd;k TkkRkk gSA in the financial statements.
16- vkWijsÇVx yhTk 16. Operating Leases

yhTk ij vfËkxzghRk ifjlEifRr;ksa] fTkuesa LokfeRo ds fjLd v©j Assets acquired on lease wherein a significant portion of the
fjokMZ ds egRoiw.kZ Hkkx d® yhTkdRkkZ }kjk ËkkfjRk fd;k TkkRkk risks and rewards of ownership are retained by the lessors
gS] d® vkijsÇVx yhTk ds :i esa oxhZÑr fd;k TkkRkk gSA ,slh are classified as operating leases. Lease rentals paid for such
yhTk ds fy, ÁnRr yhTk fdjk, d® yhTk dh vofËk Rkd LVªsV leases are recognised as an expense on straight line basis
ykbu vkËkkj ij O;; ds :i esa fglkc esa fy;k tkrk gSA over the term of lease.
17- xRkkofËk vk;@O;; 17. Prior Period Income / Expenditure

xRkkofËk;ksa dh vk;@O;; ensa fTkudh jkf'k ewY;gzkl dks NksM+dj Income / Expenditure items relating to prior period(s) not
ÁR;sd ekeys esa $ 2]00]000@& ls vfËkd ugÈ gS] d® pkyw o"kZ exceeding $ 2,00,000/- each except depreciation is treated as
dh vk;@O;; ds :i esa ekuk tkrk gSA Income / Expenditure for the current year.
18- iwoZ&ÁnRr O;; 18. Pre-Paid Expenses

izR;sd ekeys esa $ 50]000@& Rkd ds O;; d®] flok; chek Áhfe;e Expenditure upto $ 50,000/- in each case except Insurance
ds] mlh o"kZ ds [kkRkksa esa fy;k tkrk gS fTkl o"kZ ;g jkf'k O;; Premium is accounted for in the year, in which the same is
dh tkrh gSA incurred.
109
¦ãìÊãÎã-ëãêã ½ããÞãÃ 31, 2017 ‡’ks Balance Sheet as at March 31, 2017 (` in Crore)
fVIi.k@Note As at 31.03.2017 As at 31.03.2016
I. ƒäˆ‹Ìã›‘è ¦ã©ãã ªñ¾ã¦ãã†â I. EQUITY AND LIABILITIES
(1) Íãñ¾ãÀ‘ £ããÀ‘‡’ãñé ‡’è äÎãä£ã¾ããâ (1) Shareholders' Funds
(‡’) Íãñ¾ãÀ‘ ëãîâ•è (a) Share Capital 1 420.85 424.39
(Œã) ‚ãÀ‘äàã¦ã †Ìãâ ‚ä£ãÍãñÓã äÎãä£ã¾ããâ (b) Reserves and Surplus 2 7,686.53 8,107.38 7,087.26 7,511.65
(2) ØãõÀ‘-ÞããÊãî ªñ¾ã¦ãã†â (2) Non-Current Liabilities

(‡’) ªèÜããÃÌãä£ã‡’ „‘£ããÀ (a) Long Term Borrowings 3 1,509.02 127.83
(Œã) ‚ãÔ©ãäØã¦ã ‡’À‘ ªñ¾ã¦ãã†â (äÎãÌãÊã) (b) Deferred Tax Liabilities (Net) 4 599.46 369.23
(Øã) ‚Î¾ã ªèÜããÃÌãä£ã‡’ ªñ¾ã¦ãã†â (c) Other Long Term Liabilities 5 16.50 19.67
(Üã) ªèÜããÃÌãä£ã‡’ ëã”ãÌã£ããÎã (d) Long Term Provisions 6 320.58 2,445.56 346.66 863.39
(3) ÞããÊãî ªñ¾ã¦ãã†â (3) Current Liabilities

(‡’) ‚ÊëããÌãä£ã‡’ „‘£ããÀ (a) Short Term Borrowings 7 10,123.96 14,116.05
(Œã) ¼ãìØã¦ããÎã ¾ããñØ¾ã Ì¾ããëããÀ‘ À‘ãäÍã¾ããâ (b) Trade Payables 8 955.03 1,322.85
(Øã) ‚Î¾ã ÞããÊãî ªñ¾ã¦ãã†â (c) Other Current Liabilities 9 814.40 862.34
(Üã) ‚ÊëããÌãä£ã‡’ ëã”ãÌã£ããÎã (d) Short Term Provisions 10 323.99 12,217.38 303.11 16,604.35
¾ããñØã TOTAL 22,770.32 24,979.39
II. ëãäÀ‘Ôã½ëãäçã¾ããâ II. ASSETS

(1) ØãõÀ‘-ÞããÊãî ëãäÀ‘Ôã½ëãäçã¾ããâ (1) Non-Current Assets
(‡’) ‚ÞãÊã ëãäÀ‘Ôã½ëãäçã¾ããâ (a) Fixed Assets
(i) ½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããâ (i) Tangible Assets 11 5,535.76 4,495.10
(ii) ‚½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããâ (ii) Intangible Assets 12 14.43 15.63
(iii) ëãîâ•èØã¦ã ÞããÊãî äÎã½ããÃ¥ã ‡’ã¾ãÃ (iii) Capital Work-in-Progress 13 1,062.11 597.15
(Œã) ØãõÀ‘-ÞããÊãî äÎãÌãñÍã (b) Non-Current Investments 14 2,469.48 2,714.44
(Øã) ªèÜããÃÌãä£ã‡’ É’¥ã Ìã ‚äØã”½ã (c) Long Term Loans and Advances 15 175.94 355.37
(Üã) ‚Î¾ã ØãõÀ‘-ÞããÊãî ëãäÀ‘Ôã½ëãäçã¾ããâ (d) Other Non Current Assets 16 6.19 9,263.91 5.82 8,183.51
(2) ÞããÊãî ëãäÀ‘Ôã½ëãäçã¾ããâ (2) Current Assets

(d) pkyw fuos'k (a) Current Investments 17 -- 687.38
([k) ½ããÊãÔãîäÞã¾ããâ (b) Inventories 18 2,062.39 2,289.29
(x) ëã”ãë¦ã Ö‘ãñÎãñ ÌããÊãè Ì¾ããëããÀ‘ À‘ãäÍã¾ããââ (c) Trade Receivables 19 4,179.65 4,025.75
(Üã) Îã‡’ªè ¦ã©ãã ºãõé‡’ãñé ½ãñé ÍãñÓã (d) Cash and Bank Balances 20 315.77 186.45
(ß‘.) ‚ÊëããÌãä£ã‡’ É’¥ã Ìã ‚äØã”½ã (e) Short Term Loans and Advances 21 232.12 148.95
(p) ‚Î¾ã ÞããÊãî ëãäÀ‘Ôã½ëãäçã¾ããâ (f) Other Current Assets 22 6,716.48 13,506.41 9,458.06 16,795.88
¾ããñØã TOTAL 22,770.32 24,979.39

egRoiw.kZ ÊãñŒããâ‡’Îã Îãèä¦ã¾ããâ ¦ã©ãã 1 Ôãñ 28 ¦ã‡’ ä›‘ëëãä¥ã¾ããâ äÌãçãè¾ã Significant Accounting Policies and Notes 1 to 28
äÌãÌãÀ‘¥ããñé ‡’ã Ö‘è †‡’ vfHkUu ¼ããØã Öõé‘ ý form an integral part of the Financial Statements.
For and on behalf of Board of Directors
Rakesh Kapur U. S. Awasthi

Joint Managing Director & Managing Director
Finance Director
As per our report of even date
Place: New Delhi.

Dated: May 3, 2017.
110
Êãã¼ã-Ö‘ãäÎã äÌãÌãÀ‘¥ã ½ããÞãÃ 31, 2017 Statement of Profit & Loss for the year (` in Crore)
‡’ãñ Ôã½ããë¦ã ÌãÓãÃ ‡’ã
ended March 31, 2017 fVIi.k@Note Year Ended 31.03.2017 Year Ended 31.03.2016
I. ëã”ÞããÊãÎã Ôãñ À‘ã•ÔÌã I. Revenue from Operations
äºã‡”’è Sales 12,173.84 15,775.17
Üã›‘ã†â: „‘¦ëããª ÍãìÊ‡’ Less: Excise Duty 107.68 111.30
12,066.16 15,663.87
„‘ÌãÃÀ‘‡’ãñé ëãÀ‘ ÔãäºÔãß‘è@fj;k;r Subsidy/Concession on Fertilisers 10,064.07 22,130.23 14,021.11 29,684.98
II. ‚Î¾ã ‚ã¾ã II. Other Income 23 466.87 715.67
III. ‡ì’Êã À‘ã•ÔÌã (I+II) III. Total Revenue (I + II) 22,597.10 30,400.65
IV. Ì¾ã¾ã IV. Expenses

(‡’) Œãëã¦ã ‡’è ØãƒÃ Ôãã½ãØã”è ‡’è ÊããØã¦ã (a) Cost of Materials Consumed
‡’ÞÞãã ½ããÊã Raw Materials 12,995.50 16,662.08
Ô›‘ãñÔãÃ Ìã Ôëãñ¾ãÔãÃ Stores and Spares 148.40 128.93
À‘Ôãã¾ãÎã Ìã „‘¦ëã”ñÀ‘‡’ Chemicals and Catalysts 53.23 52.43
ëãõå‡’Øã Ôãã½ãØã”è Packing Materials 282.11 287.34
äÌã²ì¦ã, ƒÃâ£ãÎã Ìã ëããÎãè Power, Fuel and Water 1,255.05 1,491.81
14,734.29 18,622.59
Üã›‘ã†â: ‚ëãÎãè Œãëã¦ã ‡ñ’ äÊã† Ô›‘ã‡’ ‚Î¦ãÀ‘¥ã Less: Stock Transfer for Self Consumption 232.21 14,502.08 328.42 18,294.17
(Œã) Ì¾ããëããÀ‘ ½ãñé Ô›‘ã‡’ ‡’è ŒãÀ‘èª (b) Purchase of Traded Goods 2,764.92 6,434.76
(Øã) ¦ãõ¾ããÀ‘ ½ããÊã, äÎã½ããÃ¥ã ‡’ã¾ãÃ ¦ã©ãã Ì¾ããëããÀ‘ ½ãñé Ô›‘ã‡’ ‡’è (c) Changes in Inventories of Finished Goods,
½ããÊãÔãîäÞã¾ããñé ½ãñé ëãäÀ‘Ìã¦ãÃÎã 24 (168.49) 248.54
Stock-in-Trade and Stock-in-Process
(Üã) ‡’½ãÃÞããäÀ‘¾ããñé ‡ñ’ äÖ‘¦ã-Êãã¼ã ëãÀ‘ Ì¾ã¾ã (d) Employee Benefits Expense 25 988.73 961.56
(ß‘) äÌãçãè¾ã ÊããØã¦ã (e) Finance Cost 26 864.34 906.77
(Þã) ½ãîÊ¾ãø‘ãÔã ¦ã©ãã ëãäÀ‘Íããñ£ãÎã Ì¾ã¾ã (f) Depreciation and Amortisation Expense 329.08 277.82
(œ‘) ‚Î¾ã Ì¾ã¾ã (g) Other Expenses 27 2,299.82 2,257.14
‡ì’Êã Ì¾ã¾ã Total Expense 21,580.48 29,380.76
V. ‡’À‘-ëãîÌãÃ Êãã¼ã (III-IV) V. Profit before Tax (III - IV) 1,016.62 1,019.89
VI. ‡’À‘ Ôãâºãâ£ãè Ì¾ã¾ã VI. Tax Expense
(‡’) ÞããÊãî ‡’À‘ (a) Current Tax 104.00 286.55
(Œã) ‚ãÔ©ãäØã¦ã ‡’À‘ (b) Deferred Tax 230.23 (3.42)
(Øã) Øã¦ã ÌãÓããñÄ ‡ñ’ äÊã† (c) Earlier Years (2.31) 331.92 31.26 314.39
VII. ‡’À‘-ëãÍÞãã¦ã Êãã¼ã (V-VI) VII. Profit after Tax (V - VI) 684.70 705.50
dks varfjr ykHk% Profit transferred to:
fuos'k mrkj p<+ko fuf/ Investment Fluctuation Fund 275.00 300.00
ykHkka'k lekuhdj.k fuf/ Dividend Equalisation Fund 275.00 550.00 -- 300.00
ºãÖì‘À‘ã–¾ã ÔãÖ‘‡’ãÀ‘è ÔããñÔããƒ›‘è• ‚ä£ãäÎã¾ã½ã, 2002 ‡ñ’ Net Profit as per Multi State Cooperative
134.70 405.50
‚ÎãìÔããÀ‘ äÎãÌãÊã Êãã¼ã Societies Act, 2002
½ãîÊã ¦ã©ãã ¦ãÎãì‡ð’¦ã ‚ã¾ã ëã”ä¦ã Íãñ¾ãÀ‘ (`) Basic and Diluted Earnings per Share (`) 1,627 1,662
(Ôãâª¼ãÃ ä›‘ëëã¥ãè 28.17) (Refer Note 28.17)
egRoiw.kZ ÊãñŒããâ‡’Îã Îãèä¦ã¾ããâ ¦ã©ãã 1 Ôãñ 28 ¦ã‡’ ä›‘ëëãä¥ã¾ããâ Significant Accounting Policies and Notes
äÌãçãè¾ã äÌãÌãÀ‘¥ããñé ‡’ã Ö‘è †‡’ ‚ä¼ãÎÎã ¼ããØã Öõé‘ ý 1 to 28 form an integral part of the Financial
Statements.

Finance Director
Place: New Delhi.

Dated: May 3, 2017. 111
udnh izokg dk fooj.k Cash Flow Statement for the year ended (` in Crore)
ekpZ 31] 2017 dks lekIr o"kZ dk March 31, 2017

Year Ended 31.03.2017 Year Ended 31.03.2016
(‡’) ëã”ÞããÊãÎã Øãä¦ãäÌãä£ã¾ããñé Ôãñ Îã‡’ªè ‡’ã ëã”ÌããÖ‘: (A) Cash Flow from Operating Activities:
‡’À‘-ëãîÌãÃ äÎãÌãÊã Êãã¼ã Net Profit Before Tax 1,016.62 1,019.89
‡ñ’ äÊã† Ôã½ãã¾ããñ•Îã : Adjustment for:
½ãîÊ¾ãø‘ãÔã Ìã ëãäÀ‘Íããñ£ãÎã Ì¾ã¾ã Depreciation & Amortisation Expense 329.46 278.03
º¾ãã• Ì¾ã¾ã Interest Expense 864.34 906.77
º¾ãã• Ôãñ ‚ã¾ã Interest Income (73.19) (107.72)
Êãã¼ããâÍã Ôãñ ‚ã¾ã Dividend Income (82.84) (189.79)
ëã”¼ããäÀ‘¦ã/Ôã½ãã¾ããñä•¦ã À‘ãäÍã Amount charged off / adjusted 0.07 0.07
äÀ‘›‘Îã-‚ãù‰’ ‚ÞãÊã ëãäÀ‘Ôã½ëãäçã¾ããâ Fixed Assets written-off 3.22 4.22
xSj pkyw fuos'kksa dh fcØh ls ykHk Profit on Sale of Non-Current Investments (32.50) (155.73)
xSj pkyw fuos'kksa dh fcØh ls gkfu Loss on Sale of Non-Current Investments 1.31 17.56
ÌãÔãîÊã Îã ‡’è ØãƒÃ äÌãäÎã½ã¾ã ªÀ‘ ½ãñé Üã›‘ã-ºã¤ü‘è (äÎãÌãÊã) Unrealised Exchange Rate Variations (Net) 0.51 (26.38)
ºãñÞãè ØãƒÃ /äÎãëã›‘ãÎã ‡ñ’ äÊã† À‘ãñ‡’è ØãƒÃ Ô©ãã¾ãè ëãäÀ‘Ôã½ëãäçã¾ããñé Ôãñ Ö‘ãäÎã (äÎãÌãÊã) Loss on Disposal/Held for Disposal of Fixed Assets (Net) 2.18 0.87
äÎãÌãñÍããñé ‡ñ’ ½ãîÊ¾ã ½ãñé Öì‘ƒÃ ‡’½ãè ‡ñ’ äÊã† ëã”ãÌã£ããÎã Provision for Diminution in value of Current Investments -- 37.86
ªñ¾ã¦ãã†â/ëã”ãÌã£ããÎããñé ‡’ãñ ÌããäëãÔã Œãã¦ãñ ½ãñé ÊãñÎãã Liabilities / Provisions written back (102.36) 910.20 (16.19) 749.57
dk;Z'khy iwath esa ifjorZuksa ls iwoZ izpkyu ykHk % Operating Profit before Working Capital Changes 1,926.82 1,769.46
‡’ã¾ãÃÍãèÊã ëãîâ•è ½ãñé ëãäÀ‘Ìã¦ãÃÎããñé ‡ñ’ äÊã† Ôã½ãã¾ããñ•Îã: Adjustment for changes in Working Capital :
Ì¾ããëããÀ‘ ¼ãìØã¦ããÎã ;ksX; À‘ãäÍã¾ããñé ½ãñé Ìãðä®/(‡’½ãè) Increase/(Decrease) in Trade Payables (367.82) (55.18)
ªèÜããÃÌãä£ã‡’ ëã”ãÌã£ããÎããñé ½ãñé Ìãðä®/(‡’½ãè) Increase/(Decrease) in Long-Term Provisions (26.08) 25.81
‚ÊëããÌãä£ã‡’ ëã”ãÌã£ããÎããñé ½ãñé Ìãðä®/(‡’½ãè) Increase/(Decrease) in Short-Term Provisions 32.26 22.92
‚Î¾ã ÞããÊãî ªñ¾ã¦ãã‚ãñâ ½ãñé Ìãðä®/(‡’½ãè) Increase/(Decrease) in Other Current Liabilities 68.71 195.37
‚Î¾ã ªèÜããÃÌãä£ã‡’ ªñ¾ã¦ãã‚ãñâ ½ãñé Ìãðä®/(‡’½ãè) Increase/(Decrease) in Other Long-Term Liabilities (3.17) 5.53
Ì¾ããëããÀ‘ ëã”ãäë¦ã ¾ããñØ¾ã À‘ãäÍã¾ããñé ½ãñé ‡’½ãè/(Ìãðä®) Decrease/(Increase) in Trade Receivables (153.90) (2,007.92)
½ããÊãÔãîäÞã¾ããñé ½ãñé ‡’½ãè/(Ìãðä®) Decrease/(Increase) in Inventories 226.90 163.65
ªèÜããÃÌãä£ã‡’ É’¥ããñé Ìã ‚äØã”½ããñé ½ãñé ‡’½ãè/(Ìãðä®) Decrease/(Increase) in Long-Term Loans & Advances 90.23 (15.62)
‚ÊëããÌãä£ã‡’ É’¥ããñé Ìã ‚äØã”½ããñé ½ãñé ‡’½ãè/(Ìãðä®) Decrease/(Increase) in Short-Term Loans & Advances (20.56) 89.14
‚Î¾ã ÞããÊãî ëãäÀ‘Ôã½ëãäçã¾ããñé ½ãñé ‡’½ãè/(Ìãðä®) Decrease/(Increase) in Other Current Assets 2,726.78 (1,351.84)
‚Î¾ã ØãõÀ‘-ÞããÊãî ëãäÀ‘Ôã½ëãäçã¾ããñé ½ãñé ‡’½ãè/(Ìãðä®) Decrease/(Increase) in Other Non-Current Assets (0.37) 2,572.98 0.11 (2,928.03)
ëã”ÞããÊãÎã Ôãñ Ôãðä•¦ã /(½ãñé ëã”¾ãìˆ‹¦ã) Îã‡’ªè Cash Generated from / (used in) Operations 4,499.80 (1,158.57)
izR;{k dj Hkqxrku (fuoy jkf'k dh okilh) Direct Taxes Paid (Net of Refunds) (178.55) (257.81)
ÔãÖ‘‡’ãÀ‘è f'k{kk äÎãä£ã ½ãñé ‚âÍãªãÎã Payment towards Cooperative Education Fund (4.06) (9.56)
ÔãÖ‘‡’ãÀ‘è ‡’Ê¾ãã¥ã äÎãä£ã ½ãñé ¼ãìØã¦ããÎã Payments from Cooperative Welfare Fund (0.09) (0.51)
ªãÎã ½ãñé ªè ØãƒÃ À‘ãäÍã Donations Paid (0.78) (183.48) (0.52) (268.40)
ëã”ÞããÊãÎã Øãä¦ãäÌãä£ã¾ããñé Ôãñ (½ãñé ëã”¾ãìˆ‹¦ã) äÎãÌãÊã Îã‡’ªè ëã”ÌããÖ‘ (‡’) Net Cash Flow from / (used in) Operating Activities (A) 4,316.32 (1,426.97)
112
udnh izokg dk fooj.k] ekpZ 31] 2017 Cash Flow Statement for the year ended (` in Crore)
dks lekIr o"kZ dk (tkjh) March 31, 2017 (Contd.) Year Ended 31.03.2017 Year Ended 31.03.2016
(Œã) äÎãÌãñÍã Øãä¦ãäÌãä£ã¾ããñé Ôãñ Îã‡’ªè ‡’ã ëã”ÌããÖ‘ (B) Cash Flow from Investing Activities:
Ô©ãã¾ãè ëãäÀ‘Ôã½ëãäçã¾ããñé, ½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããñ, ‚½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããñé Proceeds from / (Purchase of) Fixed Assets, including Tangible (1,749.94) (789.40)
ÞããÊãî ëãîâ•èØã¦ã ‡’ã¾ãÃ ¦ã©ãã ëãîâ•èØã¦ã ‚äØã”½ããñé ‡’è äºã‡”’è/(ŒãÀ‘èª) Assets, Intangible Assets, Capital Work-in-Progress and Capital
Advances
Proceeds from / (Purchase of) Current / Non-Current 964.39 (539.16)
ÞããÊãî/ØãõÀ‘-ÞããÊãî äÎãÌãñÍããñé ‡’è äºã‡”’è/(ŒãÀ‘èª) (äÎãÌãÊã) Investments (Net)
ëã”ãë¦ã Êãã¼ããâÍã Dividend Received 82.84 189.79
ëã”ãë¦ã º¾ãã• Interest Received 90.18 79.08
äÎãÌãñÍã Øãä¦ãäÌãä£ã¾ããñé Ôãñ / (½ãñé ëã”¾ãìˆ‹¦ã) äÎãÌãÊã Îã‡’ªè ëã”ÌããÖ‘ (Œã) Net Cash Flow from / (used in) Investing Activities (B) (612.53) (1,059.69)
(Øã) äÌãçãè¾ã Øãä¦ãäÌãä£ã¾ããñé Ôãñ Îã‡’ªè ‡’ã ëã”ÌããÖ‘: (C) Cash Flow from Financing Activities:
Íãñ¾ãÀ‘ëãîâ•è ‡’ã äÎãØãÃ½ã/ëã”¦¾ããÌã¦ãÃÎã (äÎãÌãÊã) Issue / (Repatriation of) Share Capital (Net) (3.54) (0.59)
ªèÜããÃÌãä£ã‡’ „‘£ããÀ‘ Ôãñ ä½ãÊãè À‘ãäÍã (‡’ã ¼ãìØã¦ããÎã) (äÎãÌãÊã) Proceeds from/(Repayment of) Long-Term Borrowings (Net) 1,381.19 (162.76)
‚ÊëããÌãä£ã‡’ „‘£ããÀ‘ Ôãñ ä½ãÊãè À‘ãäÍã (‡’ã ¼ãìØã¦ããÎã) (äÎãÌãÊã) Proceeds from/(Repayment of) Short-Term Borrowings (Net) (3,992.09) 3,688.47
º¾ãã• ‡’ã ¼ãìØã¦ããÎã Interest Paid (874.33) (880.07)
ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ãñé ëãÀ‘ Êãã¼ããâÍã ‡’ã ¼ãìØã¦ããÎã Dividend Paid on Equity Shares (85.70) (87.09)
äÌãçãè¾ã Øãä¦ãäÌãä£ã¾ããñé Ôãñ / (½ãñé ëã”¾ãìˆ‹¦ã) äÎãÌãÊã Îã‡’ªè ëã”ÌããÖ‘ (Øã) Net Cash Flow from / (used in) Financing Activities (C) (3,574.47) 2,557.96
Îã‡’ªè †Ìãâ Îã‡’ªè ‡ñ’ Ôã½ã¦ãìÊ¾ã ½ãñé äÎãÌãÊã Net Increase / (Decrease) in Cash and Cash Equivalents
129.32 71.30
Ìãðä®/(‡’½ãè)(‡’+ Œã+Øã) (A+B+C)
ÌãÓãÃ ‡ñ’ ‚ãÀâ‘¼ã ½ãñé Îã‡’ªè †Ìãâ Îã‡’ªè ‡ñ’ Ôã½ã¦ãìÊ¾ã Cash and Cash Equivalents as at the beginning of the year 186.45 115.15
ÌãÓãÃ ‡ñ’ ‚â¦ã ½ãñé Îã‡’ªè †Ìãâ Îã‡’ªè ‡ñ’ Ôã½ã¦ãìÊ¾ã Cash and Cash Equivalents as at the close of the year 315.77 186.45
Îã‡’ªè †Ìãâ Îã‡’ªè ‡ñ’ Ôã½ã¦ãìÊ¾ã Üã›‘‡’ Components of Cash and Cash Equivalents
ëããÔã ½ãñé Îã‡’ªè Cash-in-Hand 0.42 0.92
ëããÔã ½ãñé Þãõ‡’ Cheques-in-Hand 73.01 62.84
½ããØãÃÔ©ã •½ãã À‘ãäÍã¾ããâ Remittance-in-Transit 36.27 29.92
ºãõé‡’ãñé ½ãñé ÍãñÓã : With Bank :
ÞããÊãî Œãã¦ãñ ½ãñé In Current Account 206.04 92.74
‚¼ãìˆ‹¦ã Êãã¼ããâÍã Œãã¦ãñ ½ãñé In Unpaid Dividend Account 0.03 0.03
‡ì’Êã Îã‡’ªè †Ìãâ Îã‡’ªè ‡ñ’ Ôã½ã¦ãìÊ¾ã Total Cash and Cash Equivalents 315.77 186.45

Finance Director
Place: New Delhi.

Dated: May 3, 2017.
113
Notes forming part of Financial Statements
fVIi.k 1 Note 1 (` in Crore)

Íãñ¾ãÀ‘ ëãîâ•è Share Capital As at 31.03.2017 As at 31.03.2016
ëã”ãä£ã‡ð’¦ã : AUTHORISED:
` 1,00,000 ëã”¦¾ãñ‡’ ‡ñ’ 90,000 (90,000) ‡ñ’ ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ 90,000 (90,000) Equity Shares of R 1,00,000/- each 900.00 900.00
` 10,000 ëã”¦¾ãñ‡’ ‡ñ’ 50,000 (50,000) ‡ñ’ ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ 50,000 (50,000) Equity Shares of R 10,000/- each 50.00 50.00
` 1,000 ëã”¦¾ãñ‡’ ‡ñ’ 5,00,000 (5,00,000) ‡ñ’ ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ 5,00,000 (5,00,000) Equity Shares of R 1,000/- each 50.00 50.00
¾ããñØã TOTAL 1,000.00 1,000.00

•ãÀ‘è, ‚ä¼ãªçã ¦ã©ãã ëã”ªçã: ISSUED, SUBSCRIBED AND PAID-UP :
ÔãÖ‘‡’ãÀ‘è Ôãä½ãä¦ã¾ããñé ´ãÀ‘ã £ããäÀ‘¦ã ` 1,00,000 ëã”¦¾ãñ‡’ ‡ñ’ 34,810 (35,163) Equity Shares of R 1,00,000/- each,
348.10 351.63
34,810 (35,163) ‡ñ’ ëãî¥ãÃ ëã”ªçã ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ fully paid-up held by Cooperative Societies
ÔãÖ‘‡’ãÀ‘è Ôãä½ãä¦ã¾ããñé ´ãÀ‘ã £ããäÀ‘¦ã ` 10,000 ëã”¦¾ãñ‡’ ‡ñ’ 39,143 39,143 (39,141) Equity Shares of R 10,000/- each, fully
39.14 39.14
(39,141) ‡ñ’ ëãî¥ãÃ ëã”ªçã ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ paid-up held by Cooperative Societies
ÔãÖ‘‡’ãÀ‘è Ôãä½ãä¦ã¾ããñé ´ãÀ‘ã £ããäÀ‘¦ã ` 1,000 ëã”¦¾ãñ‡’ ‡ñ’ 3,36,103 3,36,103 (3,36,189) Equity Shares of R 1,000/- each,
33.61 420.85 33.62 424.39
(3,36,189) ‡ñ’ ëãî¥ãÃ ëã”ªçã ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ fully paid-up held by Cooperative Societies
¾ããñØã Total 420.85 424.39
‡’ãñÓŸ‘‡’ ½ãñé äª¾ãñ Øã¾ãñ ‚ãâ‡’ßüñ‘ äëãœ‘Êãñ ÌãÓãÃ ‡ñ’ Öõé‘ ý Figures in brackets relate to previous year.
ºã‡’ã¾ãã Íãñ¾ãÀ‘ãñé ‡’ã ä½ãÊããÎã Reconciliation of Shares Outstanding (` in Crore)
As at 31.03.2017 As at 31.03.2016
Nos. Amount Nos. Amount
` 1,00,000 ëã”¦¾ãñ‡’ ‡ñ’ ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ Equity Shares of R 1,00,000/- each
ÌãÓãÃ ‡ñ’ ‚ãÀâ‘¼ã ½ãñé ºã‡’ã¾ãã Íãñ¾ãÀ‘ Shares Outstanding at the beginning of the year 35,163 351.63 35,204 352.04
•ãñßüñé‘ : ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã •ãÀ‘è Íãñ¾ãÀ‘ Add: Shares issued during the year -- -- -- --
Üã›‘ã†â : ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã „‘Î½ããñäÞã¦ã Íãñ¾ãÀ‘ Less: Shares redeemed during the year 353 3.53 41 0.41
ÌãÓãÃ ‡ñ’ ‚Î¦ã ½ãñé‘ ºã‡’ã¾ãã Íãñ¾ãÀ‘ Shares Outstanding at the end of the year 34,810 348.10 35,163 351.63
` 10,000 ëã”¦¾ãñ‡’ ‡ñ’ ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ Equity Shares of R 10,000/- each

•ãñßüñé‘ : ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã •ãÀ‘è Íãñ¾ãÀ‘ Add: Shares issued during the year 10 0.01 100 0.10
Üã›‘ã†â : ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã „‘Î½ããñäÞã¦ã Íãñ¾ãÀ‘ Less: Shares redeemed during the year 8 0.01 473 0.48
` 1,000 ëã”¦¾ãñ‡’ ‡ñ’ ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ Equity Shares of R 1,000/- each

•ãñßüñé‘ : ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã •ãÀ‘è Íãñ¾ãÀ‘ Add: Shares issued during the year 142 0.01 83 0.01
Üã›‘ã†â : ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã „‘Î½ããñäÞã¦ã Íãñ¾ãÀ‘ Less: Shares redeemed during the year 228 0.02 5,311 0.53
` 1,000 ëã”¦¾ãñ‡’ ‡ñ’ 6,725 ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ` 10,000 ëã”¦¾ãñ‡’ ‡ñ’ 693 ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ ‚ãõÀ‘ ` 1,00,000 6,725 Equity Shares of ` 1,000/- each; 693 Equity Shares of ` 10,000/- each and 437 Equity
ëã”¦¾ãñ‡’ ‡ñ’ 437 ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ãñé ‡’ãñ rqyui=k dh rkjh[k ls Bhd igys Øã¦ã ëããâÞã ÌãÓããñÄ ‡ñ’ ªãõÀ‘ãÎã Shares of ` 1,00,000 each have been redeemed / forfeited during a period of five years
„‘Î½ããñäÞã¦ã/tCr ä‡’¾ãã Øã¾ãã Öõ‘ý immediately preceeding the Balance Sheet date.
bl o"kZ ds nkSjku mUeksfpr 'ks;jksa esa o"kZ ds nkSjku tCr fd, x;s ` 1]000 izR;sd ds 207 Shares redeemed during the year include 207 (5,224) Equity Shares of ` 1,000/- each; 8 (89)
(5,224) bfDoVh 'ks;j] ` 10,000 izR;sd ds 8 (89) bfDoVh 'ks;j vkSj ` 1,00,000 izR;sd ds Equity Shares of ` 10,000/- each and Nil (5) Equity Shares of ` 1,00,000 each forfeited during
'kwU; (5) bfDoVh 'ks;j 'kkfey gSaA the year.
114

‚ãÀ‘äàã¦ã †Ìãâ ‚ä£ãÍãñÓã äÎãä£ã¾ããâ Reserves and Surplus As at 31.03.2017 As at 31.03.2016
‚ãÀ‘äàã¦ã äÎãä£ã Reserve Fund
(Ôãä½ãä¦ã ‡ñ’ „‘ëãäÎã¾ã½ã 56(i) ‡ñ’ ‚ÎãìÔããÀ‘) (As per Bye-Law 56(i) of the Society)
ÌãÓãÃ ‡ñ’ ‚ãÀâ‘¼ã ½ãñé ÍãñÓã Balance as at the beginning of the year 2,699.55 2,577.90
•ãñßüñé‘ : ÌãÓãÃ ‡ñ’ äÊã† äÌãäÎã¾ããñ•Îã‘ Add: Appropriation for the year 33.68 121.65
ÌãÓãÃ ‡ñ’ ‚â¦ã ½ãñé ÍãñÓã Balance as at the end of the year 2,733.23 2,699.55
ëã”ãÔãâäØã‡’¦ãã‚ãñâ ‡ñ’ äÊã† ‚ãÀ‘äàã¦ã äÎãä£ã Reserve Fund for Contingency

(Ôãä½ãä¦ã ‡ñ’ „‘ëãäÎã¾ã½ã 56(iv) ‡ñ’ ‚ÎãìÔããÀ‘) (As per Bye-Law 56(iv) of the Society)
ÌãÓãÃ ‡ñ’ ‚ãÀâ‘¼ã ½ãñé ÍãñÓã Balance as at the beginning of the year 628.93 588.38
ÌãÓãÃ ‡ñ’ ‚â¦ã ½ãñé ÍãñÓã Balance as at the end of the year 642.40 628.93
ÔãÖ‘‡’ãÀ‘è ‡’Ê¾ãã¥ã äÎãä£ã ‡ñ’ äÊã† ‚ãÀ‘äàã¦ã Reserve for Cooperative Welfare Fund
tksM+s% o"kZ ds fy, fofu;kstu Add: Appropriation for the year -- 0.50
Üã›‘ã†â : ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã „‘ëã¾ããñØã ‡’è ØãƒÃ À‘ãäÍã Less: Amount utilised during the year 0.09 0.51
ëãîâ•è ëã”¦¾ããÌã¦ãÃÎã vkjf{kr fuf/ Capital Repatriated Reserve

ÔãÖ‘‡’ãÀ‘è äÌã‡’ãÔã äÎãä£ã Cooperative Development Fund

ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã ëãäÀ‘Ìã£ãÃÎã Addition during the year 0.96 0.66
fuos'k mrkj&p<+ko fuf/ Investment Fluctuation Fund

ÌãÓãÃ ‡ñ’ ‚ãÀâ‘¼ã ½ãñé ÍãñÓã Balance as at the beginning of the year 300.00 --
o"kZ ds nkSjku ifjo/Zu Addition during the year 275.00 300.00
o"kZ ds var esa 'ks"k Balance as at the end of the year 575.00 300.00
ykHkka'k lekuhdj.k fuf/ Dividend Equalisation Fund

o"kZ ds nkSjku ifjo/Zu Addition during the year 275.00 --
ªãÎã ‡ñ’ äÊã† ‚ãÀ‘äàã¦ã äÎãä£ã Reserve for Donations

Üã›‘ã†â : ÌãÓãÃ ‡ñ’ ªãõÀ‘ãÎã „‘ëã¾ããñØã ‡’è ØãƒÃ À‘ãäÍã Less: Amount utilised during the year 0.78 0.52
ëãîâ•è ëã”¦¾ããÌã¦ãÃÎã äÎãä£ã Capital Repatriation Fund

Ôãã½ããÎ¾ã ‚ãÀ‘äàã¦ã äÎãä£ã General Reserve

ÌãÓãÃ ‡ñ’ ‚ãÀâ‘¼ã ½ãñé ÍãñÓã Balance as at the beginning of the year 3,252.16 3,098.78
ÌãÓãÃ ‡ñ’ ‚â¦ã ½ãñé ÍãñÓã Balance as at the end of the year 3,253.69 3,252.16
ºãÖì‘À‘ã–¾ã ÔãÖ‘‡’ãÀ‘è ÔããñÔããƒ›‘è–ã ‚ä£ãäÎã¾ã½ã, 2002 ‡ñ’ ‚ÎãìÔããÀ‘ äÎãÌãÊã Êãã¼ã Net Profit as per Multi State Cooperative Societies Act, 2002 134.70 405.50
äÌãäÎã¾ããñ•Îã : Appropriations:
- ‚ãÀ‘äàã¦ã äÎãä£ã - Reserve Fund
33.68 121.65
(Ôãä½ãä¦ã ‡ñ’ „‘ëãäÎã¾ã½ã 56(i) ‡ñ’ ‚ÎãìÔããÀ‘) (As per Bye-Law 56(i) of the Society)
- ëã”ãÔãâäØã‡’¦ãã‚ãñâ ‡ñ’ äÊã† ‚ãÀ‘äàã¦ã äÎãä£ã - Reserve Fund for Contingency
13.47 40.55
(Ôãä½ãä¦ã ‡ñ’ „‘ëãäÎã¾ã½ã 56(iv) ‡ñ’ ‚ÎãìÔããÀ‘) (As per Bye-Law 56(iv) of the Society)
- ÔãÖ‘‡’ãÀ‘è äÍãàãã äÎãä£ã ‡ñ’ ‚âÍãªãÎã ‡ñ’ äÊã† ëã”ãÌã£ããÎã - Provision for Contribution to Cooperative Education Fund 1.35 4.06
& lgdkjh dY;k.k fuf/ - Cooperative Welfare Fund -- 0.50
- ªãÎã ‡ñ’ äÊã† ‚ãÀ‘äàã¦ã äÎãä£ã - Reserve for Donations 0.50 0.50
- ëã”Ô¦ããäÌã¦ã Êãã¼ããâÍã ‡ñ’ äÊã† ëã”ãÌã£ããÎã - Provision for Proposed Dividend 84.17 84.86
- Ôãã½ããÎ¾ã ‚ãÀ‘äàã¦ã äÎãä£ã ‡’ãñ ‚â¦ãäÀ‘¦ã ä‡’¾ãã Øã¾ãã ÍãñÓã - Balance transferred to General Reserve 1.53 -- 153.38 --
¾ããñØã : TOTAL 7,686.53 7,087.26
115
fVIi.k 3 Note 3
(` in Crore)
ªèÜããÃÌãä£ã‡’ É’¥ã Long Term Borrowings
As at 31.03.2017 As at 31.03.2016
(I) À‘äàã¦ã (I) Secured
‚ãÌãä£ã‡’ É’¥ã Term Loan -
‚Î¾ã Ôãñ From Others
ëã”ãªñÍãè¾ã ‚ãõ²ãñäØã‡’ †Ìãâ äÎãÌãñÍã äÎãØã½ã, Interest free Deferred Trade Tax Loan from Pradeshiya 9.02 36.02
„‘çãÀ‘ ëã”ªñÍã Ôãñ º¾ãã• ½ãìˆ‹¦ã ‚ãÔ©ãäØã¦ã Ì¾ããëããÀ‘ ‡’À‘ É’¥ã Industrial & Investment Corporation of Uttar Pradesh
(‚ãâÌãÊãã-2 ƒ‡’ãƒÃ ‡ñ’ Ôãâ¾ãâêã Ìã ½ãÍãèÎãÀ‘è ‡’ãñ ºãâ£ã‡’ (Secured by Hypothecation of Plant & Machinery of
À‘Œã‡’À‘ À‘äàã¦ã) Aonla II Unit)
(31.5.2018 ‡’ãñ Hkqxrku ;ksX;) (Repayable on 31.05.2018)
¾ããñØã- À‘äàã¦ã, ªèÜããÃÌãä£ã‡’ m/kj Total - Secured, Long Term Borrowings 9.02 36.02
(II) ‚À‘äàã¦ã (II) Unsecured
‚ãÌãä£ã‡’ É’¥ã Term Loan -
(i) ºãõé‡’ãñé Ôãñ (i) From Banks
,pMh,iQlh cSad HDFC Bank 1,500.00 --
(` 93.75 izR;sd dh 16 frekgh fdLrksa eas vnk;xh (Repayment in sixteen quarterly instalments of ` 93.75 crore
06-06-2018 ls 06-03-2022 rd) each from 06.06.2018 to 06.03.2022)
‚ãƒÃÔãè‚ãƒÃÔãè‚ãƒÃ ºãõé‡’ ICICI Bank -- 17.94
vkbZMhchvkbZ fyfeVsM IDBI Ltd. -- 37.62
(ii) ‚Î¾ã Ôãñ (ii) From Others
vkbZ,iQlhvkbZ fyfeVsM IFCI Ltd. -- 35.12
fn ‚ãñäÀ‘†â›‘Êã ƒâÍ¾ããñÀ»é‘Ôã ‡â’ëãÎãè äÊãä½ã›ñ‘ß‘ The Oriental Insurance Company Ltd. -- 1.13
¾ããñØã - ‚À‘äàã¦ã, ªèÜããÃÌãä£ã‡’ É’¥ã Total - Unsecured, Long Term Borrowings 1,500.00 91.81
¾ããñØã : TOTAL 1,509.02 127.83

‚ãÔ©ãäØã¦ã ‡’À‘ ªñ¾ã¦ãã†â (äÎãÌãÊã) Deferred Tax Liabilities (Net) As at 31.03.2017 As at 31.03.2016
‚ãÔ©ãäØã¦ã ‡’À‘ ªñ¾ã¦ãã Deferred Tax Liability
½ãîÊ¾ãø‘ãÔã Depreciation 796.45 577.96
¾ããñØã - ‚ãÔ©ãäØã¦ã ‡’À‘ ªñ¾ã¦ãã Total - Deferred Tax Liability 796.45 577.96
‚ãÔ©ãäØã¦ã ‡’À‘ ëãäÀ‘Ôã½ëãäçã Deferred Tax Asset

‡’½ãÃÞããÀ‘è ÔãñÌããäÎãÌãðäçã Êãã¼ããñé ‡ñ’ äÊã† ëã”ãÌã£ããÎã Provision for Employees Retirement Benefits 192.27 190.16
ÔãâäªØ£ã Ì¾ããëããÀ‘ ëã”ãäë¦ã¾ããñé/ªãÌããñé ‡ñ’ äÊã† ëã”ãÌã£ããÎã Provision for Doubtful Trade Receivables / Claims 0.50 1.57
moZjd ckWUMkas ds ewY; esa deh Diminution in the value of Fertiliser Bonds -- 13.10
‚Î¾ã Others 4.22 3.90
¾ããñØã- ‚ãÔ©ãäØã¦ã ‡’À‘ ëãäÀ‘Ôã½ëãäçã Total - Deferred Tax Asset 196.99 208.73
‚ãÔ©ãäØã¦ã ‡’À‘ ªñ¾ã¦ãã - (äÎãÌãÊã) Deferred Tax Liability (Net) 599.46 369.23
ÊãñŒããâ‡’Îã ½ããÎã‡’-22 "‚ã¾ã ëãÀ‘ ‡’À‘ãñé ‡’ã ÊãñŒããâ‡’Îã" ‡ñ’ ‚ÎãìÔããÀ‘ ` 230.23 ‡’À‘ãñßü‘ ‡’èñ ‚ãÔ©ãäØã¦ã ‡’À‘ ns;rk In accordance with Accounting Standard - 22 “Accounting for Taxes on Income”, the Deferred
(äÎãÌãÊã) ‡’ãñ ÞããÊãî ÌãÓãÃ ‡ñ’ ykHk o gkfu fooj.k esa ªÍããÃ¾ãã Øã¾ãã Öõ‘ ý Tax Liability (Net) ` 230.23 crore, for the year, has been charged to the Statement of Profit &
Loss.
116

‚Î¾ã ªèÜããÃÌãä£ã‡’ ªñ¾ã¦ãã†â Other Long Term Liabilities As at 31.03.2017 As at 31.03.2016
‚Î¾ã ªñ¾ã¦ãã†â: Other Payables:
•½ããÎã¦ã •½ãã /£ããäÀ‘¦ã À‘ãäÍã Security Deposits / Retention Money 16.50 19.67
¾ããñØã TOTAL 16.50 19.67

ªèÜããÃÌãä£ã‡’ ëã”ãÌã£ããÎã Long Term Provisions As at 31.03.2017 As at 31.03.2016
‡’½ãÃÞããäÀ‘¾ããñé ‡ñ’ Êãã¼ããñé ‡ñ’ äÊã† ëã”ãÌã£ããÎã Provision for Employee Benefits 320.58 346.66
¾ããñØã TOTAL 320.58 346.66

vYikof/d izko/ku Short Term Borrowings As at 31.03.2017 As at 31.03.2016
(I) À‘äàã¦ã (I) Secured
½ããâØã ëãÀ‘ ¼ãìØã¦ããÎã ¾ããñØ¾ã É’¥ã Loans Repayable on Demand
ºãõé‡’ãñé Ôãñ From Banks

(‡’ÞÞãñ ½ããÊã, Ô›‘ãñÔãÃ ¦ã©ãã Ôëãñ¾ãÔãÃ, ‚£ãÃ-¦ãõ¾ããÀ‘ ½ããÊã, ¦ãõ¾ããÀ‘ ½ããÊã, (Secured by pari-passu charge by Hypothecation of Raw
Ì¾ããëããÀ‘ ëã”ãäë¦ã¾ããñé, ëã”ãë¾ã ÔãäºÔãß‘è ‚ãõÀ‘ ‚Î¾ã ÞãÊã Ôã½ëãäçã¾ããñé ‡’ãñ É’¥ã Materials, Stores and Spares, Semi Finished Goods,
‡’À‘ãÀ‘ ‡ñ’ ‚â¦ãØãÃ¦ã Ôã½ããÎã ëã”¼ããÀ‘ ëãÀ‘ ºãõé‡’ãñé ‡ñ’ ‡’ÎÔããñÆ›‘¾ã½ã ‡ñ’ ëããÔã Finished Goods, Trade Receivables, Subsidy Receivables
ºãâ£ã‡’ À‘Œã¦ãñ Öì‘† À‘äàã¦ã) and other movables under a loan agreement with
Consortium of Banks)
udn ½.k Cash Credit 1,351.93 2,103.43
vYikof/d ½.k Short Term Loans 650.00 1,110.00
;ksx & jf{kr] vYikof/d ½.k Total - Secured, Short Term Borrowings 2,001.93 3,213.43
(AA) vjf{kr (II) Unsecured
(d) ekax ij Hkqxrku ;ksX; ½.k (a) Loans Repayable on Demand
cSadksa ls From Banks 8,022.03 9,208.14
([k) fons'kh eqnzk ½.k (b) Foreign Currency Loan
ck;lZ ØsfMV Buyers Credit -- 1,694.48
(x) okf.kfT;d isij (c) Commercial Paper 100.00 --
;ksx% vjf{kr] vYikof/d ½.k Total - Unsecured, Short Term Borrowings 8,122.03 10,902.62
;ksx TOTAL 10,123.96 14,116.05
117
Ì¾ããëããäÀ‡’ ªñ¾ã¦ãã†â Trade Payables As at 31.03.2017 As at 31.03.2016
Ì¾ããëããäÀ‘‡’ ns;rk,a : Trade Payables :
½ããÊã Ìã ‚ãëãîÆ¦ã¾ããâ Goods & Supplies 915.81 1,311.12
‚Î¾ã Others 39.22 11.73
¾ããñØã TOTAL 955.03 1,322.85

‚Î¾ã ÞããÊãî ªñ¾ã¦ãã†â Other Current Liabilities As at 31.03.2017 As at 31.03.2016
ªèÜããÃÌãä£ã‡’ É’¥ããñé ‡’è ÞããÊãî ëãäÀ‘ëãˆ‹Ìã¦ãã Current Maturities of Long Term Borrowings
thjks dwiu É’.k Zero Coupon Loan
vkbZlhvkbZlhvkbZ cSad ICICI Bank 17.94 22.67
vkbZMhchvkbZ fyfeVsM IDBI Ltd. 37.62 53.00
vkbZ,iQlhvkbZ fyfeVsM IFCI Ltd. 35.11 48.54
fn vksfj,aVy ba';ksjsal dEiuh fyfeVsM The Oriental Insurance Company Ltd. 1.13 1.50
ëã”ãªñÍãè¾ã ‚ãõ²ãñäØã‡’ †Ìãâ äÎãÌãñÍã äÎãØã½ã, „‘çãÀ‘ ëã”ªñÍã Ôãñ Deferred Trade Tax Loan from Pradeshiya Industrial & 27.00 118.80 24.34 150.05
‚ãÔ©ãäØã¦ã Ì¾ããëããÀ‘ ‡’À‘ É’¥ã Investment Corporation of Uttar Pradesh
deZpkfj;ksa ds ykHkksa ds fy, Hkqxrku ;ksX; jkf'k;ka Employee Benefits Payable 159.67 122.06
É’¥ããñé ëãÀ‘ ëã”ãñªá¼ãî¦ã º¾ãã• ä‡’Î¦ãì ªñ¾ã ÎãÖ‘èé Interest accrued but not due on Loans 35.88 45.87
Øã”ãÖ‘‡’ãñé Ôãñ ‚äØã”½ã Advance from Customers 35.02 20.26
£ãÀ‘ãñÖ‘À‘ À‘ãäÍã/•½ããÎã¦ã À‘ãäÍã/izfr£ããäÀ‘¦ã À‘ãäÍã Earnest Money / Security Deposits / Retention Money 114.40 64.98
xSj nkokÑr Êãã¼ããâÍã Unclaimed Dividend 2.26 3.10
‚Î¾ã ªñ¾ã À‘ãäÍã¾ããâ: Other Payables :
ÔããâäÌãä£ã‡’ ªñ¾ã¦ãã†â Statutory Dues 143.97 166.85
Œãã¦ãã ‚ãñÌãÀ‘ßÈ‘ãëã‹›‘ Book Overdraft 1.54 1.20
‚Î¾ã Others 202.86 348.37 287.97 456.02
¾ããñØã TOTAL 814.40 862.34

vYikof/d izko/ku Short Term Provisions As at 31.03.2017 As at 31.03.2016
‡’½ãÃÞããäÀ‘¾ããñé ‡ñ’ Êãã¼ããñé ‡ñ’ äÊã† ëã”ãÌã£ããÎã Provision for Employee Benefits 234.98 202.81
‚Î¾ã ëã”ãÌã£ããÎã : Other Provisions :

ëã”Ô¦ããäÌã¦ã Êãã¼ããâÍã ‡ñ’ äÊã† ëã”ãÌã£ããÎã Provision for Proposed Dividend 84.17 84.86
ÔãÖ‘‡’ãÀ‘è äÍãàãã äÎãä£ã ‡ñ’ äÊã† ëã”ãÌã£ããÎã Provision for Cooperative Education Fund 1.35 4.06
¼ãîä½ã ½ãì‚ãÌã•ñ ‡ñ’ äÊã† ëã”ãÌã£ããÎã Provision for Land Compensation 3.49 3.40
djk/ku ds fy, izko/ku (fuoy) Provision for Taxation (Net) -- 89.01 7.98 100.30
¾ããñØã TOTAL 323.99 303.11
118

ldy eku ewY; gzkl@ifj'kks/u fuoy eku
½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããâ Tangible Assets Gross Block Depreciation / Amortisation Net Block
Additions
As at Deductions/ As at As at For the Deductions/ As at As at As at
during the
01.04.2016 Adjustments 31.03.2017 01.04.2016 Year Adjustments 31.03.2017 31.03.2017 31.03.2016
year
¼ãîä½ã: Land :
ëãî¥ãÃ ÔÌããä½ã¦Ìã ÌããÊãè Freehold 41.94 3.61 0.02 45.53 -- -- -- -- 45.53 41.94
ëã›‘á›ñ‘ ÌããÊãè Leasehold 296.69 22.13 -- 318.82 19.76 3.24 -- 23.00 295.82 276.93
„‘ëã ¾ããñØã Sub-total 338.63 25.74 0.02 364.35 19.76 3.24 -- 23.00 341.35 318.87
¼ãÌãÎã: Building :
‡’ã¾ããÃÊã¾ã-ëãî¥ãÃ ÔÌããä½ã¦Ìã ÌããÊãã Office - Freehold 191.65 3.96 1.33 194.28 24.57 3.07 -- 27.64 166.64 167.08
‡’ã¾ããÃÊã¾ã-ëã›‘á›ñ‘ ÌããÊãã Office - Leasehold 3.05 -- -- 3.05 0.62 0.05 -- 0.67 2.38 2.43
‡’ãÀ‘ŒããÎãã Factory 617.92 88.26 0.37 705.81 195.55 21.75 0.10 217.40 488.41 422.37
›‘ã„‘ÎãäÍãëã/‚ãÌããÔãè¾ã ëãäÀ‘ÔãÀ‘ Township / Residential Premises 344.36 9.71 30.32 323.75 60.35 5.58 (1.96) 63.97 259.78 284.01
Ôãßü‘‡’,ëãìäÊã¾ãã ¦ã©ãã ‚Î¾ã ÔãìäÌã£ãã†â Road, Culvert & Other Facility 146.89 10.45 0.08 157.26 102.13 10.50 (0.05) 112.58 44.68 44.76
‚Ô©ããƒÃ äÎã½ããÃ¥ã Temporary Structure 16.83 8.30 0.13 25.00 8.95 5.67 (0.01) 14.61 10.39 7.88
„‘ëã ¾ããñØã Sub-total 1,320.70 120.68 32.23 1,409.15 392.17 46.62 (1.92) 436.87 972.28 928.53
Ôãâ¾ãâêã, ½ãÍãèÎãÀ‘è ¦ã©ãã ‚Î¾ã „‘ëãÔ‡’À‘ Plant, Machinery & Other Equipment 8,893.11 1,229.08 135.61 9,986.58 5,901.05 237.35 (94.43) 6,043.97 3,942.61 2,992.06
‰’ÎãèÃÞãÀ‘ ‚ãõÀ‘ ä‰’ˆ‹ÔãÞãÀ‘ Furniture & Fixture 190.29 14.73 4.69 200.33 100.23 13.49 (3.14) 110.58 89.75 90.06
‚Î¾ã „‘ëãÔ‡’À‘ Office Equipment 6.48 1.52 0.30 7.70 4.58 0.66 (0.28) 4.96 2.74 1.90
ÌããÖ‘Îã ¦ã©ãã ÞãÊã „‘ëãÔ‡’À‘ Vehicle & Mobile Equipment 100.96 42.59 6.58 136.97 62.88 10.66 (4.51) 69.03 67.94 38.08
À‘ãñåÊãØã Ô›‘ãù‡’ Ìã Êããñ‡’ãñ½ããñä›‘Ìã Rolling Stock & Locomotive 103.63 -- -- 103.63 64.57 2.40 -- 66.97 36.66 39.06
À»‘ÊãÌãñ Ôããƒåß‘Øã Railway Siding 27.98 5.46 0.30 33.14 23.45 0.68 (0.14) 23.99 9.15 4.53
äÊãäˆ‹Ìãß‘ ‡’ãØããñÃ •õò‘è Liquid Cargo Jetty 139.98 0.45 0.27 140.16 60.16 8.65 (0.22) 68.59 71.57 79.82
„‘ëã ¾ããñØã Sub-total 9,462.43 1,293.83 147.75 10,608.51 6,216.92 273.89 (102.72) 6,388.09 4,220.42 3,245.51
½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããâ (I) Tangible Assets (I) 11,121.76 1,440.25 180.00 12,382.01 6,628.85 323.75 (104.64) 6,847.96 5,534.05 4,492.91
äÎãëã›‘ãÎã ‡ñ’ äÊã† À‘ãñ‡’è ØãƒÃ ëãäÀ‘Ôã½ëãäçã¾ããâ (II) Assets Held for Disposal (II) 2.19 2.12 2.60 1.71 -- -- -- -- 1.71 2.19
¾ããñØã - ÞããÊãî ÌãÓãÃ {(I) +(II)} Total - Current Year {(I) + (II)} 11,123.95 1,442.37 182.60 12,383.72 6,628.85 323.75 (104.64) 6,847.96 5,535.76 4,495.10
¾ããñØã - Øã¦ã ÌãÓãÃ Total - Previous Year 10,819.14 443.22 138.41 11,123.95 6,457.93 272.86 (101.94) 6,628.85 4,495.10
ƒÎã ëãäÀ‘Ôã½ëãä¦¦ã¾ããñé ½ãñé, ‰î’ÊãëãìÀ‘, dkaMyk ¦ã©ãã ‡’ÊããñÊã ƒ‡’ãƒÃ ‡’è 357.71 †‡’ßü‘ ¼ãîä½ã (Øã¦ã ÌãÓãÃ 357.71 †‡’ßü‘) Íããä½ãÊã Ö‘õé, –ããñ Includes land measuring 357.71 acres (Previous year 357.71 acres) at Phulpur, Kandla and
ëãò‘ñ ‡’ñ ‚ã£ããÀ‘ ëãÀ‘ ÔãÖ‘‡’ãÀ‘è Øã”ã½ãè¥ã äÌã‡’ãÔã Î¾ããÔã (‡’ãùÀ‘ß‘ñ›‘) ‡’ãñ 27 ‚ëã”õÊã, 2039 ¦ã‡’ ` 1/- ÌããäÓãÃ‡’ Êãè• ä‡’À‘ã¾ãñ ëãÀ‘ ªè Kalol, leased to Cooperative Rural Development Trust (CORDET) for period up to April 27,
ØãƒÃ Ö‘õý 2039 at an annual lease rent of ` 1/- each.
¼ãîä½ã ds varxZr ` 1-92 djksM+ (Øã¦ã ÌãÓãÃ ` 'kwU;) ewY; ‡’è Êãè• Ö‘ãñÊß‘ ¼ãîä½ã 'kkfey gS] ä–ãÔã‡’ã Ôãä½ãä¦ã ‡’ñ Îãã½ã ½ãñé Land includes leasehold land costing ` 1.92 crore (Previous year ` NIL), which is pending
ëãâ•è‡’À‘¥ã/‚â¦ãÀ‘¥ã Ö‘ãñÎãã ºãã‡’è Ö‘õý registration / transfer in the name of the Society.
‚ãâÌãÊãã ƒ‡’ãƒÃ ‡’è ‡ì’Êã ¼ãîä½ã 1,368.68 †‡’ßü‘ (Øã¦ã ÌãÓãÃ 1,368.68 †‡’ßü‘) ½ãñé Ôãñ 291.80 †‡’ßü‘ (Øã¦ã ÌãÓãÃ 291.80 †‡’ßü‘) The capitalization of Land measuring 291.80 acres (Previous year 291.80 acres) out of total
¼ãîä½ã ‡’ã ëãîâ•è‡’À‘¥ã vij ftyk tt (IV), ºãÀ‘ñÊãè ´ãÀ‘ã äª† Øã† äÎã¥ãÃ¾ã ‡’ñ ‚ã£ããÀ‘ ëãÀ‘ ä‡’¾ãã Øã¾ãã Ö‘õý ¦ã©ããäëã, Ôãä½ãä¦ã Îãñ vij Land measuring 1,368.68 acres (Previous year 1,368.68 acres) belonging to Aonla Unit has
been taken on the basis of judgment passed by the Additional District Judge (IV), Bareilly.
ftyk tt (IV)/(VII), cjsyh }kjk äÎã£ããÃäÀ‘¦ã ½ãì‚ãÌã•ñ ‡’ñ äÌãÁ’® ½ããÎãÎãè¾ã „‘ÞÞã Î¾ãã¾ããÊã¾ã, ƒÊããÖ‘ãºããª] ds le{k ‚ëãèÊã
However, the Society has preferred an appeal before the Hon’ble High Court, Allahabad
ªãäŒãÊã ‡’è Ö‘ìƒÃ Ö‘õý against compensation determined by the Additional District Judge (IV)/(VII), Bareilly.
‡’ãâß‘Êãã ƒ‡’ãƒÃ ‡ñ’ ÞãÀ‘¥ã-I, II ¦ã©ãã III ‡’è ¼ãîä½ã ‡’ã Êãè• ‡’À‘ãÀ‘ uohdj.k ‡”’½ãÍã: tqykbZ 2001, ekpZ 2008 ¦ã©ãã ‚ëã”õÊã, In respect of Phase I, II and III of Kandla Unit for which the renewal of lease is due since
2008 Ôãñ Êãä½ºã¦ã Öõ‘ý ‡’ãâß‘Êãã ëããñ›Ã‘ ›È‘Ô› (dsihVh)‘ Îãñ äÍãåëãØã, Ôãßü‘‡’ ëãäÀ‘ÌãÖ‘Îã Ìã À‘ã•½ããØãÃ ½ãâêããÊã¾ã, ¼ããÀ‘¦ã ÔãÀ‘‡’ãÀ‘ ‡’ãñ ÞãÀ‘¥ã-I Ìã July 2001, March 2008 and April 2008 respectively, Kandla Port Trust (KPT) has already
recommended to Ministry of Shipping, Road Transport & Highways, GOI for approval
II ‡’è Êãè• ‡’ãñ ÎãÌãè‡’À‘¥ã djus ‡’è äÔã‰’ãäÀ‘Íã ëãÖ‘Êãñ Ö‘è ‡’À‘ ªè Öõ‘ý ‡’ãâß‘Êãã ëããñ›‘Ã ›‘ÈÔ›‘ }kjk ÞãÀ‘¥ã-III ‡ñ’ äÊã† äÍãåëãØã ½ãâêããÊã¾ã,
of renewal of lease of Phase I and II. KPT has yet to recommend the case to Ministry of
¼ããÀ‘¦ã ÔãÀ‘‡’ãÀ‘ ‡’ãñ äÔã‰’ãäÀ‘Íã, ‚¼ãè ‡’À‘Îãè Öõ‘ý Shipping, GOI for Phase III.
DokfyiQkabx ifjlaifÙk;ksa ds laca/ esa o"kZ ds nkSjku ` 31.66 xr o"kZ (` 'kwU;) dh jkf'k dh Hkkjh ykxr dks Borrowing cost amounting to ` 31.66 crore (Previous Year ` NIL) in respect of Qualifying
iwathd`r fd;k x;k gSS Assets has been capitalised during the year.
119
‚½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããâ Intangible Assets ldy eku

Gross Block
ifj'kks/u
Amortisation
fuoy eku
Net Block
As at Additions Deductions/ As at As at For the Deductions/ As at As at As at

01.04.2016 during the year Adjustments 31.03.2017 01.04.2016 Year Adjustments 31.03.2017 31.03.2017 31.03.2016
ÊããƒÔãñéÔã Licence 24.31 0.14 -- 24.45 17.91 1.35 -- 19.26 5.19 6.40
¦ã‡’Îãè‡’è —ããÎã Technical Knowhow 44.38 -- -- 44.38 36.28 1.83 -- 38.11 6.27 8.10
‡’½ë¾ãî›‘À‘ Ôããëã‹›‘Ìãñ¾ãÀ‘ Computer Software 4.00 3.99 -- 7.99 2.87 2.15 -- 5.02 2.97 1.13
¾ããñØã - ÞããÊãî ÌãÓãÃ Total - Current Year 72.69 4.13 -- 76.82 57.06 5.33 -- 62.39 14.43 15.63
¾ããñØã - Øã¦ã ÌãÓãÃ Total - Previous Year 72.22 0.47 -- 72.69 52.10 4.96 -- 57.06 15.63
‚ãâ¦ãäÀ‘‡’ Â’ëã Ôãñ Ôãðä•¦ã ‚½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããâ Íããä½ãÊã ÎãÖ‘èé Öõé‘ ý Do not include internally generated Intangible Assets.
‚½ãî¦ãÃ ëãäÀ‘Ôã½ëãäçã¾ããñé ‡’ãñ äÎã½ÎããÎãìÔããÀ‘ ëãäÀ‘Íããñä£ã¦ã ä‡’¾ãã Øã¾ãã Öõ‘ : The intangible assets are amortized as under:
ÊããƒÔãñéÔã ÊããƒÔãñéÔã ‚Ìãä£ã ‚©ãÌãã 10 ÌãÓãÃ, •ãñ ¼ãè ‡’½ã Ö‘ãñ Licence Licence Period or 10 Years, whichever is earlier
¦ã‡’Îãè‡’è —ããÎã 10 ÌãÓãÃ Technical Know-how 10 Years
‡’½ë¾ãî›‘À‘ Ôããëã‹›‘Ìãñ¾ãÀ‘ 3 ÌãÓãÃ Computer Software 3 Years

iwathxr fuekZ.kk/hu dk;Z Capital Work-in-Progress As at 31.03.2017 As at 31.03.2016
¼ãîä½ã äÌã‡’ãÔã Land Development 0.82 1.53
¼ãÌãÎã: Building:
‡’ã¾ããÃÊã¾ã ¦ã©ãã ‡’ãÀ‘ŒããÎãã Office and Factory 34.14 43.23
›‘ã„‘ÎãäÍãëã/äÀ‘Ö‘ã¾ãÍãè Township / Residential 14.80 4.26
Ôãßü‘‡ñé’, ëãìäÊã¾ãã ¦ã©ãã ‚Î¾ã ÔãìäÌã£ãã†â Road, Culvert and Other Facility 1.05 49.99 3.57 51.06
Ôãâ¾ãâêã, ½ãÍãèÎãÀ‘è ¦ã©ãã ‚Î¾ã „‘ëãÔ‡’À‘ Plant, Machinery and Other Equipment 315.00 207.15
ÅtkZ cpr ifj;kstuk Energy Savings Project 693.25 331.47
À»‘ÊãÌãñ Ôããƒåß‘Øã Railway Siding 3.05 5.94
¾ããñØã TOTAL 1,062.11 597.15
DokfyiQkabx ifjlaifÙk;ksa ds laca/ esa o"kZ ds nkSjku ` 32.45 djksM+ (xr o"kZ ` 'kwU;) dh jkf'k dh Borrowing cost amounting to ` 32.45 crore (Previous Year ` NIL) in respect of Qualifying
Hkkjh ykxr dks vokafVr fd;k x;k gSSA Assets has been allocated during the year.
120
fVIi.k 14 Note 14
(` in Crore)
ØãõÀ‘ ÞããÊãî äÎãÌãñÍã (ÊããØã¦ã ëãÀ‘) Non Current Investments (At Cost) As at 31.03.2017 As at 31.03.2016
(I) Ì¾ããëããäÀ‘‡’ äÎãÌãñÍã (I) Trade Investments
ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ãñé ½ãñé äÎãÌãñÍã: (‚Îãì®ð¦ã) Investment in Equity Shares : (Unquoted)
(i) Ôãâ¾ãìˆ‹¦ã „‘²½ã (i) Joint Ventures
‚ãñ½ããÎã ƒâäß‘¾ãã ‰’Æ›‘Êããƒ•À‘ ‡â’ëãÎãè †Ôã†‚ãñÔãè Oman India Fertiliser Company SAOC 329.08 329.08
†‡’ ‚ãñ½ããÎãè äÀ‘¾ããÊã ëã”¦¾ãñ‡’ ‡ñ’ 2,67,57,500 (2,67,57,500) 2,67,57,500 (2,67,57,500) Equity Shares of Omani Rial 1 each,
ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã fully paid-up
ƒâß‘Ô›È‘è• äÍãä½ã‡’ ßî‘ ÔãñÎãñØãÊã Industries Chimiques du Senegal 62.16 62.16
ëã”¦¾ãñ‡’ 10,000 Ôãè†‰’† -†‰’ ‡ñ’ 6,39,014 (6,39,014) 6,39,014 (6,39,014) Equity Shares of CFA-F.10,000 each, fully
ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã paid-up
•ãñßÃ‘Îã ƒâäß‘¾ãã ‰’Æ›‘Êããƒ•À‘ ‡â’ëãÎãè †Êã†ÊãÔãè* Jordan India Fertilizer Company LLC* 773.39 605.12
†‡’ •ãñßÃ‘Îã äªÎããÀ‘ ëã”¦¾ãñ‡’ ‡ñ’ 10,02,63,420 (8,24,85,540) 10,02,63,420 (8,24,85,540) Equity Shares of Jordan Dinar
ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã 1 each, fully paid-up
„‘ëã-¾ããñØã Sub-Total 1,164.63 996.36
(ii) ÔãÖ‘ã¾ã‡’ ‡â’ëãäÎã¾ããâ (ii) Subsidiaries
ƒ‰’‡’ãñ-›‘ãñˆ‹¾ããñ •ÎãÀ‘Êã ƒâÍ¾ããñÀ»é‘Íã ‡â’ëãÎãè äÊãä½ã›ñ‘ß‘ IFFCO-TOKIO General Insurance Company Limited 394.58 394.58
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 19,56,35,138 (19,56,35,138) ƒäˆ‹Ìã›‘è 19,56,35,138 (19,56,35,138) Equity Shares of ` 10 each, fully
Íãñ¾ãÀ,‘ ëãî¥ãÃ ëã”ªçã paid-up
ƒ‰’‡’ãñ ä‡’ÔããÎã ÔãâÞããÀ‘ äÊãä½ã›ñ‘ß‘ IFFCO Kisan Sanchar Limited 3.65 3.65
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 36,49,500 (36,49,500) 36,49,500 (36,49,500) equity shares of ` 10 each, fully
ƒäˆ‹Ìã›‘è Íãñ¾ãÀ,‘ ëãî¥ãÃ ëã”ªçã paid-up
ƒ‰’‡’ãñ ä‡’ÔããÎã ºãã•ãÀ‘ Ìã Êããùä•äÔ›‘ˆ‹Ôã äÊãä½ã›ñ‘ß‘ IFFCO Kisan Bazar & Logistics Limited 70.15 56.65
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 7,01,47,812 (5,66,47,812) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, 7,01,47,812 (5,66,47,812) Equity Shares of ` 10 each, fully
ëãî¥ãÃ ëã”ªçã paid-up
ƒ‰’‡’ãñ ä‡’ÔããÎã †ÔãƒÃ•õß‘ äÊãä½ã›ñ‘ß‘ IFFCO Kisan SEZ Limited 126.43 126.43
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 12,64,30,330 (12,64,30,330) ƒäˆ‹Ìã›‘è 12,64,30,330 (12,64,30,330) Equity Shares of ` 10 each, fully
Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã paid-up
ä‡’ÔããÎã ƒâ›‘À‘ÎãñÍãÎãÊã ›Èñ‘åß‘Øã †‰’•õß‘ƒÃ Kisan International Trading FZE 1.20 1.20
†‡’ ä½ãäÊã¾ãÎã ¾ãî†ƒÃ äªÀ‘Ö‘½ã ëã”¦¾ãñ‡’ ‡ñ’ 10(10) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ 10 (10) Equity Shares (including 9 bonus shares) of UAE
(9 ºããñÎãÔã Íãñ¾ãÀ‘ãñé ÔãäÖ‘¦ã), ëãî¥ãÃ ëã”ªçã Dirham 1 Million each, fully paid-up
ƒâäß‘¾ãÎã ‰’ã½ãÃ ‰’ãùÀ»‘Ô›È‘è ßñ‘ÌãÊãëã½ãñé›‘ ‡’ãñ‚ãëãÀ»‘ä›‘Ìã äÊãä½ã›ñ‘ß‘ Indian Farm Forestry Development Cooperative Limited 12.54 12.54
` 50,000 ëã”¦¾ãñ‡’ ‡ñ’ 2,507 (2,507) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã 2,507 (2,507) Equity Shares of ` 50,000 each, fully paid-up
biQdks bZ&cktkj fyfeVsM IFFCO eBazar Limited 6.00 2.00
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 60,00,000 (20,00,000) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, 60,00,000 (20,00,000) Equity Shares of ` 10 each, fully
biQdks&,elh ØkWi lkbaZl izkbZosV fyfeVsM IFFCO-MC Crop Science Private Limited 12.75 12.75
„‘ëã-¾ããñØã Sub-Total 627.30 609.80
(iii) †ÔããñäÔã†›‘áÔã (iii) Associates
ƒâäß‘¾ãÎã ëããñ›‘ãÍã äÊãä½ã›ñ‘ß‘ Indian Potash Limited 2.68 2.68
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 48,60,000 (48,60,000) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ 48,60,000 (48,60,000) Equity Shares (including 21,80,000
(21,80,000 ºããñÎãÔã Íãñ¾ãÀ‘ãñé ÔãäÖ‘¦ã), ëãî¥ãÃ ëã”ªçã bonus shares) of ` 10 each, fully paid-up
‚äÀ‘¾ãã ‡ñ’ä½ã‡’ÊÔã („‘äßü‘Ôãã) äÊãä½ã›ñ‘ß‘ Aria Chemicals (Orissa) Limited -- 0.45
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 'kwU; (4,50,000) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã Nil (4,50,000) Equity Shares of ` 10 each, fully paid-up
Üã›‘ã¾ãñé: äÎãÌãñÍã ½ãîÊ¾ã ½ãñé Öì‘ƒÃ ‡’½ãè ‡ñ’ äÊã¾ãñ ëã”ãÌã£ããÎã Less: Provision for diminution in the value of the investment -- -- 0.45 --
(iv) ‚Î¾ã ‡â’ëãäÎã¾ããâ/ÔãâÔ©ãã†â (iv) Other Companies / Entities
Øã”ãñ ½ãõˆ‹Ôã †Øã”è ‡’ãùëãÃ Grow Max Agri Corp 2.34 2.34
1 ¾ãî†Ôã ß‘ãÊãÀ‘ ëã”¦¾ãñ‡’ ‡ñ’ 5,00,000 (5,00,000) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã 5,00,000 (5,00,000) Equity Shares of US$ 1 each, fully paid-up
¾ããñØã : dqy O;kikj fuos'k Total Trade Investments 1,796.95 1,611.18
* la;qDr m|e }kjk fy, Øã¾ãñ É’¥ããñé ‡ñ’ äÊã† dksysVjy flD;ksfjVh ‡ñ’ Â’ëã ½ãñé ‚À‘ºã ºãõé‡’ ëãè†ÊãÔãè * Shares pledged with Arab Bank PLC, as collateral security for loans taken by Joint Venture.
‡ñ’ ëããÔã Íãñ¾ãÔãÃ äØãÀ‘Ìãèý 121
fVIi.k 14 Note 14
(` in Crore)
ØãõÀ‘ ÞããÊãî äÎãÌãñÍã (•ãÀ‘è) Non-Current Investments (contd..) As at 31.03.2017 As at 31.03.2016
(II) vU; fuos'k (II) Other Investments
(d) bfDoVh 'ks;jksa esa fuos'k% (vuq¼r) (a) Investment in Equity Shares : (Unquoted)
(i) lgk;d dEifu;ka (i) Subsidiaries
biQdks NÙkhlx<+ ikWoj fyfeVsM IFFCO Chhattisgarh Power Limited 148.00 148.00
` 10 ëã”¦¾ãñ‡’ 14]80]00]000 (14]80]00]000) bfDoVh 'ks;j iw.kZ 14,80,00,000 (14,80,00,000) equity shares of ` 10 each, fully
iznÙk paid-up
mi&;ksx Sub-Total 148.00 148.00
(ii) ‚Î¾ã ‡â’ëãäÎã¾ããâ/ÔãâÔ©ãã†â (ii) Other Companies / Entities
‰”’èëÊãñ †Îã•èÃ ƒâäß‘¾ãã äÊãä½ã›ñ‘ß‘ Freeplay Energy India Limited 4.83 4.83
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 7,88,333 (7,88,333) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã 7,88,333 (7,88,333) Equity Shares of ` 10 each, fully paid-up
Üã›‘ã†â: äÎãÌãñÍã ½ãîÊ¾ã ½ãñé ‡’½ãè ‡ñ’ äÊã† ëã”ãÌã£ããÎã Less: Provision for diminution in the value of the investment 4.83 -- 4.83 --
ÎãñÍãÎãÊã ‡’ãñ½ããñäß‘›‘è †âß‘ ßñ‘À‘èÌãñä›‘ÌÔã †ˆ‹ÔãÞãñé• äÊãä½ã›ñ‘ß‘ National Commodity and Derivatives Exchange Limited 23.44 23.44
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 50,68,000 (50,68,000) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã 50,68,000 (50,68,000) Equity Shares of ` 10 each, fully paid-up
¾ãîäÎãÌãÔãÃÊã ‡’ãñ½ããñäß‘›‘è †ˆ‹ÔãÞãñé• äÊãä½ã›ñ‘ß‘ Universal Commodity Exchange Limited 15.00 15.00
Üã›‘ã†â: äÎãÌãñÍã ½ãîÊ¾ã ½ãñé ‡’½ãè ‡ñ’ äÊã† ëã”ãÌã£ããÎã Less: Provision for diminution in the value of the investment 14.25 0.75 14.25 0.75
½ãÖ‘ãÀ‘ãÓ›È‘ Ô›ñ‘›‘ ‡’ãñ‚ãëãÀ»‘ä›‘Ìã ºãõé‡’ äÊãä½ã›ñ‘ß‘ Maharashtra State Cooperative Bank Limited 0.10 0.10
` 1,000 ëã”¦¾ãñ‡’ ‡ñ’ 1,001(1,001) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã 1,001 (1,001) Equity Shares of ` 1,000 each, fully paid-up
‡’ãñ‚ãëãÀ»‘ä›‘Ìã ºãõé‡’ ‚ãù‰’ ƒâäß‘¾ãã äÊãä½ã›ñ‘ß‘ Cooperative Bank of India Limited 0.05 0.05
` 10,000 ëã”¦¾ãñ‡’ ‡ñ’ 50(50) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã 50 (50) Equity Shares of ` 10,000 each, fully paid-up
ƒâäß‘¾ãÎã ›î‘äÀ‘˜½ã ‡’ãñ‚ãëãÀ»‘ä›‘Ìã äÊãä½ã›ñ‘ß‘ Indian Tourism Cooperative Limited 0.01 0.01
` 5,000 ëã”¦¾ãñ‡’ ‡ñ’ 20(20) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã 20 (20) Equity Shares of ` 5,000 each, fully paid-up
ÎãñÍãÎãÊã ä‰’Ê½ã †âß‘ ‰’ãƒÎã ‚ã›‘áÔãÃ ‡’ãñ‚ãëã. äÊã0 National Film and Fine Arts Cooperative Limited 0.01 0.01
` 5,000 ëã”¦¾ãñ‡’ ‡ñ’ 27 (27) ƒäˆ‹Ìã›‘è Íãñ¾ãÀ ‘(7 ºããñÎãÔã Íãñ¾ãÀ‘ãñé ÔãäÖ‘¦ã), 27 (27) Equity Shares (including 7 bonus shares) of ` 5,000
ëãî¥ãÃ ëã”ªçã each, fully paid-up
¾ããñØã : ƒäˆ‹Ìã›‘è Íãñ¾ãÀ‘ãñé ½ãñé ‚Î¾ã äÎãÌãñÍã : (‚Îãì®ð¦ã) Total : Other Investments in Equity Shares : (Unquoted) 172.36 172.36
(Œã) äëã”‰’À»é‘Ôã Íãñ¾ãÀ‘ãñé ½ãñé äÎãÌãñÍã (‚Îãì®ð¦ã) (b) Investment in Preference Shares : (Unquoted)
‚Î¾ã ‡â’ëãäÎã¾ããâ/ÔãâÔ©ãã†â Other Companies / Entities
‰”’èëÊãñ †Îã•èÃ ƒâäß‘¾ãã äÊãä½ã›ñ‘ß‘ Freeplay Energy India Limited
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 1,16,32,500 (1,16,32,500) 5 ÌãÓãÃ, 1 % ÔãâÞã¾ãè 1,16,32,500 (1,16,32,500) 5 years, 1% cumulative redeemable
11.63 11.63
äÎã½ããñÃÞãÎãè¾ã äëã”‰’À»é‘Ôã Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã preference shares of ` 10 each, fully paid-up
Üã›‘ã† : äÎãÌãñÍã ½ãîÊ¾ã ½ãñé ‡’½ãè ‡ñ’ äÊã† ëã”ãÌã£ããÎã Less: Provision for diminution in the value of the investment 11.63 -- 11.63 --
` 10 ëã”¦¾ãñ‡’ ‡ñ’ 23,67,500 (23,67,500) 8 ÌãÓãÃ, 1 % ÔãâÞã¾ãè 23,67,500 (23,67,500) 8 years, 1% cumulative redeemable
2.37 2.37
äÎã½ããñÃÞãÎãè¾ã äëã”‰’À»é‘Ôã Íãñ¾ãÀ‘, ëãî¥ãÃ ëã”ªçã preference shares of ` 10 each, fully paid-up
Üã›‘ã† : äÎãÌãñÍã ½ãîÊ¾ã ½ãñé ‡’½ãè ‡ñ’ äÊã† ëã”ãÌã£ããÎã Less: Provision for diminution in the value of the investment 2.37 -- 2.37 --
¾ããñØã : äëã”‰’À»é‘Ôã Íãñ¾ãÀ‘ãñé ½ãñé äÎãÌãñÍã :(‚Îãì®ð¦ã) Total : Investment in Preference Shares : (Unquoted) -- --
(x) jf{kr] fueksZpuh;] ukWu&dUofVZcy] dj eqDr ckWUM% (c) Investment in Secured, Redeemable, Non-Convertible, Tax
(vuq¼r) Free Bonds : (Unquoted)
7-16» ikoj iQkbZusUl dkWiksZjs'ku fyfeVsM ckWUM~l] 2025 7.16% Power Finance Corporation Limited Bonds, 2025 -- 200.14
7-19» bafM;u jsyos iQkbZusUl dkWiksZjs'ku fyfeVsM ckWUM~l] 2025 7.19% Indian Railway Finance Corporation Limited Bonds, 2025 399.83 399.83
7-04» bafM;u jsyos iQkbZusUl dkWiksZjs'ku fyfeVsM ckWUM~l] 2026 7.04% Indian Railway Finance Corporation Limited Bonds, 2026 -- 399.83 330.93 930.90
;ksx% dj eqDr ckWUM (vuq¼r) Total : Investment in Tax Free Bonds : (Unquoted) 399.83 930.90
(?k) ukWu&dUofVZcy fMosaPkjkas esa fuos'k % (vuq¼r) (d) Investment in Non-Convertible Debentures : (Unquoted)
9-00 izfr'kr fjykbal dSfiVy fyfeVsM] 2026] ukWu&dUofVZcy 9.00% Reliance Capital Limited, 2026, Non-Convertible
50.39 --
fMcsaPkj Debentures
8-85 izfr'kr fjykba'k dsfiVy fyfeVsM] 2026] ukWu&dUofVZcy 8.85% Reliance Capital Limited, 2026, Non-Convertible
49.95 100.34 -- --
fMcsaPkj Debentures
;ksx % ukWu&dUofVZcy fMcsaPkj esa fuos'k % (vuq¼r) Total : Investment in Non-Convertible Debentures : (Unquoted) 100.34 --
dqy vU; fuos'k Total Other Investments 672.53 1,103.26
äÎãÌãñÍããñé ‡’è ‡ì’Êã À‘ãäÍã Aggregate amount of Investments 2,502.56 2,747.97

äÎãÌãñÍããñé ‡ñ’ ½ãîÊ¾ã ½ãñé ‡’½ãè ‡ñ’ äÊã† ‡ì’Êã ëã”ãÌã£ããÎã Aggregate provision for diminution in value of investments 33.08 33.53
¾ããñØã TOTAL 2,469.48 2,714.44
‡’ãñÓŸ‘‡’ãñé ½ãñé äª¾ãñ Øã¾ãñ ‚ãâ‡’ßüñ‘ Øã¦ã ÌãÓãÃ ‡ñ’ Öõé‘ý Figures in brackets relate to previous year.
122
fVIi.k 15 Note 15
(` in Crore)
ªèÜããÃÌãä£ã‡’ É’¥ã Ìã ‚äØã”½ã Long Term Loans and Advances
As at 31.03.2017 As at 31.03.2016
ëãîâ•èØã¦ã ‚äØã”½ã Capital Advances
‚À‘äàã¦ã, ‚ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Unsecured, Considered Good 27.84 117.04
izfrHkwfr ¦ã©ãã ‚Î¾ã •½ãã À‘ãäÍã¾ããâ Security & Other Deposits

Ôãâ¾ãìˆ‹¦ã „‘²½ããñé ‡’ãñ äª¾ãñ Øã¾ãñ É’¥ã Ìã ‚äØã”½ã Loans & Advances to Joint Ventures
‚À‘äàã¦ã, ‚ÔãâäªØ£ã Ôã½ã¢ãñ Øã¾ãñ Unsecured, Considered Good -- 85.97
‚Î¾ã É’¥ã Ìã ‚äØã”½ã Other Loans & Advances

À‘äàã¦ã, ‚ÔãâäªØ£ã Ôã½ã¢ãñ Øã¾ãñ Secured, Considered Good
‡’½ãÃÞããäÀ‘¾ããñé ‡’ãñ É’¥ã Loans to Employees 102.00 95.89
‚À‘äàã¦ã, ‚ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Unsecured, Considered Good

vU; vfxze Other Advances 0.01 0.01
¾ããñØã TOTAL 175.94 355.37

‚Î¾ã ØãõÀ‘-ÞããÊãî ëãäÀ‘Ôã½ëãäçã¾ããâ Other Non-Current Assets As at 31.03.2017 As at 31.03.2016
ªãÌãñ ¦ã©ãã ‚Î¾ã ÌãÔãîÊãè ¾ããñØ¾ã À‘ãäÍã Claims & Other Recoverable
¾ããñØã TOTAL 6.19 5.82
ªãÌãñ ¦ã©ãã ‚Î¾ã ÌãÔãîÊãè ¾ããñØ¾ã À‘ãäÍã ½ãñé r 5.12 ‡’À‘ãñßü‘ (Øã¦ã ÌãÓãÃ r 5.12 ‡’À‘ãñßü‘) ‡’è À‘ãäÍã Íããä½ãÊã Öõ‘ •ãñ „‘¦ëããª Claims & Other Recoverable include an amount of r 5.12 crore, (Previous year r 5.12 crore)
ÍãìÊ‡’ ëã”ãä£ã‡’À‘¥ã Ôãñ ÌãÔãîÊãè ¾ããñØ¾ã Öõ‘ ý recoverable from Excise Authorities.
fVIi.k 17 Note 17
pkyw fuos'k Current Investments
(` in Crore)
(de ykxr rFkk mfpr eqY; ij (At lower of Cost and Fair Value) As at 31.03.2017 As at 31.03.2016
moZjd daiuht+] Hkkjr ljdkj fo'ks"k ckWaM~l Fertiliser Companies, Government of India Special Bonds
(vuq¼`r) (Unquoted)
7-00»] moZjd daiuht+] Hkkjr ljdkj fo'ks"k ckWaM~l] 7.00%, Fertiliser Companies, Government of India Special
-- 687.38
2022 Bonds, 2022
¾ããñØã TOTAL -- 687.38
123

½ããÊãÔãîäÞã¾ããâ Inventories As at 31.03.2017 As at 31.03.2016
‡’ÞÞãã ½ããÊã Raw Materials 641.98 1,040.75
(½ããØãÃÔ©ã ` 300.33 ‡’À‘ãñßü‘ ÔãäÖ‘¦ã, Øã¦ã ÌãÓãÃ ` 698.67 ‡’À‘ãñßü‘) (Including Goods-in-Transit ` 300.33 crore, Previous Year ` 698.67 crore)
Ô›‘ãñÔãÃ †Ìãâ Ôëãñ¾ãÔãÃ Stores and Spares 346.58 351.99
(½ããØãÃÔ©ã ` 26.36 ‡’À‘ãñßü‘ ÔãäÖ‘¦ã, Øã¦ã ÌãÓãÃ ` 14.60 ‡’À‘ãñßü‘) (Including Goods-in-Transit ` 26.36 crore, Previous Year ` 14.60 crore)
Êãî• ›î‘ÊÔã Loose Tools 2.27 2.14
(½ããØãÃÔ©ã ` ÍãîÎ¾ã ÔãäÖ‘¦ã, Øã¦ã ÌãÓãÃ ` ÍãîÎ¾ã) (Including Goods-in-Transit ` NIL, Previous Year ` NIL)
À‘Ôãã¾ãÎã ¦ã©ãã „‘¦ëã”ñÀ‘‡’ Chemicals and Catalysts 79.22 74.36
(½ããØãÃÔ©ã ` ÍãîÎ¾ã ÔãäÖ‘¦ã, Øã¦ã ÌãÓãÃ ` ÍãîÎ¾ã) (Including Goods-in-Transit ` NIL, Previous Year ` NIL)
ëãõå‡’Øã Ôãã½ãØã”è Packing Materials 19.17 15.32
(½ããØãÃÔ©ã ` 1.39 ‡’À‘ãñßü‘ ÔãäÖ‘¦ã‘, Øã¦ã ÌãÓãÃ ` ÍãîÎ¾ã) (Including Goods-in-Transit ` 1.39 crore, Previous Year ` NIL)
äÎã½ããÃ¥ã Ôãã½ãØã”è Construction Materials 6.70 6.75
ëã”ä‡”’¾ããØã¦ã Ô›‘ã‡’ (½ã£¾ã „‘¦ëããªãñé ÔãäÖ‘¦ã) Stock in Process (including Intermediary Products)
Îããƒ›È‘ãñ•èÎãÔã „‘ÌãÃÀ‘‡’ Nitrogenous Fertilisers 28.96 40.06
ëããñ›‘ãäÍã‡’ Ìã ‰’ãÔ‰ñ’ä›‘‡’ „‘ÌãÃÀ‘‡’ Potassic & Phosphatic Fertilisers 41.44 70.40 56.00 96.06
¦ãõ¾ããÀ‘ ½ããÊã Finished Goods 807.18 614.00
Ô›‘ãù‡’- ƒÎã-›Èñ‘ß‘ Stock-in-Trade 88.89 87.92
(½ããØãÃÔ©ã ` 22.47 ‡’À‘ãñßü‘ ÔãäÖ‘¦ã, Øã¦ã ÌãÓãÃ ` ÍãîÎ¾ã‘) (Including Goods-in-Transit ` 22.47 crore, Previous Year ` NIL)
¾ããñØã TOTAL 2,062.39 2,289.29
(½ãîÊ¾ããâ‡’Îã ‡’è ëã®ä¦ã ‡’è ÊãñŒããâ‡’Îã Îãèä¦ã Ôãâ0-8 ‡’ã Ôãâª¼ãÃ Êãñé) (Refer Accounting Policy No. 8, for method of valuation)

O;kikj izkfIr;ka Trade Receivables As at 31.03.2017 As at 31.03.2016
¼ãìØã¦ããÎã ‡’è ªñ¾ã ¦ããÀ‘èŒã Ôãñ 6 ½ããÖ‘ Ôãñ ‚ä£ã‡’ Outstanding for a period exceeding six months from due date of
‚Ìãä£ã ¦ã‡’ ºã‡’ã¾ãã payment
‚À‘äàã¦ã, ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Unsecured, Considered Doubtful 0.30 0.30
Üã›‘ã†â: lafnX/ O;kikj izkfIr;ksa ds fy, izko/ku Less : Provision for Doubtful Trade Receivables 0.30 305.91 0.30 7.08
¼ãìØã¦ããÎã ‡’è ªñ¾ã ¦ããÀ‘èŒã Ôãñ 6 ½ããÖ‘ ¦ã‡’ ‡’è Outstanding for a period upto six months from due date of
‚Ìãä£ã ¦ã‡’ ºã‡’ã¾ãã payment
‚À‘äàã¦ã, ‚ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Unsecured, Considered Good 3,873.74 4,018.67
¾ããñØã TOTAL 4,179.65 4,025.75

Îã‡’ªè ¦ã©ãã ºãõé‡’ãñé ½ãñé ÍãñÓã Cash and Bank Balances As at 31.03.2017 As at 31.03.2016
Îã‡’ªè ¦ã©ãã Îã‡’ªè ‡ñ’ Ôã½ã‡’àã: Cash and Cash Equivalents:
ºãõé‡’ãñé ½ãñé ÞããÊãî Œãã¦ããñé ½ãñé ÍãñÓã Balance with Banks in Current Accounts 206.04 92.74
ëããÔã ½ãñé Þãõ‡’ Cheques-in-Hand 73.01 62.84
½ããØãÃÔ©ã À‘ãäÍã Remittance-in-Transit 36.27 29.92
ëããÔã ½ãñé Îã‡’ªè Cash-in-Hand 0.42 0.92
ºãõé‡’ ½ãñé ‚Î¾ã ÍãñÓã : Other Bank Balances:
‚ëã”ªçã Êãã¼ããâÍã Unpaid Dividend 0.03 0.03
¾ããñØã TOTAL 315.77 186.45
124

‚ÊëããÌãä£ã‡’ É’¥ã Ìã ‚äØã”½ã Short Term Loans and Advances As at 31.03.2017 As at 31.03.2016
ÔãÖ‘ã¾ã‡’ ‡â’ëãäÎã¾ããñé ‡’ãñ É’¥ã Ìã ‚äØã”½ã Loans & Advances to Subsidiaries
†ÔããñäÔã†›‘áÔã ‡’ãñ É’¥ã Ìã ‚äØã”½ã Loans & Advances to Associates

‚À‘äàã¦ã, ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Unsecured, Considered Doubtful -- 0.93
Üã›‘ã†â: ÔãâäªØ£ã É’¥ã Ìã ‚äØã”½ã ‡ñ’ äÊã† ëã”ãÌã£ããÎã Less: Provision for Doubtful Loans & Advances -- 6.76 0.93 5.45
izfrHkwfr ¦ã©ãã ‚Î¾ã •½ãã À‘ãäÍã¾ããâ Security & Other Deposits

‚Î¾ã É’¥ã Ìã ‚äØã”½ã Other Loans & Advances

À‘äàã¦ã, ‚ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Secured, Considered Good
‚À‘äàã¦ã, ‚ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Unsecured, Considered Good

‡’½ãÃÞããäÀ‘¾ããñé ‡’ãñ ‚äØã”½ã Advances to Employees 5.98 6.79
‚äØã”½ã ‡’À‘ (äÎãÌãÊã) Advance Tax (Net) 63.12 --
ëãîÌãÃ ¼ãìØã¦ããÎã Ì¾ã¾ã Prepaid Expenses 19.88 11.43
‚Î¾ã ‚äØã”½ã Other Advances 34.11 46.36
¾ããñØã TOTAL 232.12 148.95
izfrHkwfr rFkk vU; tek jkf'k;ksa esa jktLo izkf/dj.kksa ds lkFk fooknkLin ns;rkvksa ds fo:¼ Security and Other Deposits include payments against liabilities disputed with Revenue
` 2-78 djksM+ (xr o"kZ ` 3-09 djksM+) rFkk Hkwfe eqvkots ds fy, ` 1-69 djksM+ (xr o"kZ Authorities ` 2.78 crore (Previous Year ` 3.09 crore) and towards Land Compensation
` 1-69 djksM+) ds Hkqxrkuksa dh jkf'k 'kkfey gSA ` 1.69 crore (Previous Year ` 1.69 crore).
125

‚Î¾ã ÞããÊãî ëãäÀ‘Ôã½ëãäçã¾ããâ Other Current Assets As at 31.03.2017 As at 31.03.2016
„‘ÌãÃÀ‘‡’ ‡â’ëãäÎã¾ããñé dks ¼ããÀ‘¦ã ÔãÀ‘‡’ãÀ‘ ´ãÀ‘ã •ãÀ‘è äÌãÍãñÓã Interest accrued but not due on Fertiliser Companies, -- 15.65
ºããâß‘ãñé‘ ëãÀ‘ ëã”ãñªá¼ãî¦ã º¾ãã• •ãñ ªñ¾ã ÎãÖ‘èé GOI Special Bonds
dj eqDr ckWaMksa ij izksn~Hkwr C;kt tks ns; ugha Interest accrued but not due on Tax Free Bonds 27.66 31.23
dkWjiksjsV ckWMksa ij izksn~Hkwr C;kt tks ns; ugha Interest accrued but not due on Corporate Bonds 2.23 --
Hkkjr ljdkj ls olwyh ;ksX; vFkZ lgk;rk@fj;k;r Subsidy / Concession Recoverable from GOI 5,752.22 9,133.66
ªãÌãñ Ìã ‚Î¾ã ÌãÔãîÊãè ¾ããñØ¾ã À‘ãäÍã¾ããâ Claims & Other Recoverable
‚ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Considered Good 934.37 277.52
ÔãâäªØ£ã Ôã½ã¢ãè ØãƒÃ Considered Doubtful 1.15 3.34
Üã›‘ã†â : ÔãâäªØ£ã ªãÌããñé ‡ñ’ äÊã† ëã”ãÌã£ããÎã Less: Provision for Doubtful Claims 1.15 934.37 3.34 277.52
¾ããñØã TOTAL 6,716.48 9,458.06
ªãÌãñ Ìã ‚Î¾ã ÌãÔãîÊãè ¾ããñØ¾ã À‘ãäÍã¾ããâñ ½ãñé mRikn 'kqYd dh en esa 86-76 djksM+ (xr o"kZ 0-83 djksM+) Claims & Other Recoverable include an amount of ` 86.76 crore (Previous year ` 0.83 crore)
dh jkf'k rFkk ÔãñÎãÌãñ›‘ ‡”ñ’äß‘›‘ fjlhoscy dh en ½ãñé ` 2.23 ‡’À‘ãñßü‘ (Øã¦ã ÌãÓãÃ ` 2.23 ‡’À‘ãñßü‘) dh jkf'k towards Custom Duty and ` 2.23 crore (Previous year ` 2.23 crore) towards Cenvat Credit
Receivable.
Íããä½ãÊã Öõé‘ý

‚Î¾ã ‚ã¾ã Other Income Year Ended 31.03.2017 Year Ended 31.03.2016
º¾ãã•: Interest:
„‘ÌãÃÀ‘‡’ ºããúß‘ Fertiliser Bonds 1.41 65.46
dj eqDr ckWUM Tax Free Bonds 59.05 31.23
dkWjiksjV ckWaM@ukWu&dUofVZcy fMcsaplZ Corporate Bonds / Non-Convertible Debentures 3.30 --
‚Î¾ã Others 9.43 73.19 11.03 107.72
Êãã¼ããâÍã (ØãõÀ‘-ÞããÊãî äÎãÌãñÍã): Dividend (Non-Current Investments):
ÔãÖ‘ã¾ã‡’ ‡â’ëãäÎã¾ããâ Subsidiaries 18.95 18.31
‚Î¾ã Others 63.89 82.84 171.48 189.79
ä‡’À‘ã¾ãñ Ôãñ ‚ã¾ã Rental Income 52.11 45.43
ëã”ãë¦ã ªãÌãñ Claims Received 1.96 86.58
ªñÎãªãäÀ‘¾ããñé /ëã”ãÌã£ããÎããñé ‡’ãñ äÖ‘Ôããºã ½ãñé ÌããäëãÔã ÊãñÎãã Liabilities / Provisions written back 102.36 16.19
Ô©ããƒÃ ëãäÀ‘Ôã½ëãäçã¾ããñé ‡’è äºã‡”’è@fuiVku Ôãñ Êãã¼ã Profit on sale / disposal of Fixed Assets 12.31 7.74
xSj pkyw fuos'kksa dh fcØh ij ykHk Profit on sale of Non-Current Investments 32.50 155.73
½ãì«”ã äÌãäÎã½ã¾ã ªÀ‘ ½ãñé Üã›‘ã-ºã¤ü‘è (fuoy) Exchange Rate Variations (Net) 17.83 36.27
äÌãäÌã£ã ‚ã¾ã Miscellaneous Income 91.77 70.22
¾ããñØã TOTAL 466.87 715.67
126
fVIi.k 24 Note 24
¦ãõ¾ããÀ‘ ½ããÊã, Ì¾ããëããäÀ‡’‘ Ô›‘ã‡’ rFkk ëã”ä‡”’¾ããØã¦ã Changes in Inventories of Finished Goods, (` in Crore)
Ô›‘ã‡’ ‡’è ½ããÊãÔãîäÞã¾ããñé ½ãñé ëãäÀ‘Ìã¦ãÃÎã Stock-in-Trade and Stock-in-Process Year Ended 31.03.2017 Year Ended 31.03.2016
ƒä¦ã Ô›‘ã‡’: Closing Stocks:
¦ãõ¾ããÀ‘ ½ããÊã Finished goods 807.18 614.00
Ì¾ããëããäÀ‡’‘ Ô›‘ã‡’ Stock-in-Trade 88.89 87.92
ëã”ä‡”’¾ããØã¦ã Ô›‘ã‡’ (½ã£¾ãÌã¦ãèÃ „‘¦ëããªãñé ÔãäÖ‘¦ã) Stock-in-Process (including Intermediary Products) 70.40 966.47 96.06 797.98
‚©ã-Ô›‘ã‡’: Opening Stocks:

¦ãõ¾ããÀ‘ ½ããÊã Finished goods 614.00 353.71
Ì¾ããëããäÀ‡’‘ Ô›‘ã‡’ Stock-in-Trade 87.92 599.08
ëã”ä‡”’¾ããØã¦ã Ô›‘ã‡’ (½ã£¾ã „‘¦ëããªãñé ÔãäÖ‘¦ã) Stock-in-Process (including Intermediary Products) 96.06 797.98 93.73 1,046.52
(Ìãðä®)/ ‡’½ãè (Increase) / Decrease (168.49) 248.54

‡’½ãÃÞããäÀ‘¾ããñé ‡ñ’ äÖ‘¦ãÊãã¼ããñé ëãÀ‘ Ì¾ã¾ã Employee Benefits Expense Year Ended 31.03.2017 Year Ended 31.03.2016
Ìãñ¦ãÎã, ¼ãçãñ,½ã•ªîÀ‘è ¦ã©ãã ºããñÎãÔã Salaries, Allowances, Wages and Bonus 783.37 744.55
¼ãäÌãÓ¾ã äÎãä£ã ¦ã©ãã ‚Î¾ã äÎãä£ã¾ããñé ½ãñé ‚âÍãªãÎã Contribution to Provident Fund and Other Funds 57.24 55.83
„‘ëãªãÎã ¦ã©ãã ‚Î¾ã Êãã¼ã‡’ãÀ‘è ¾ããñ•Îãã‚ãñâ ½ãñé ‚âÍãªãÎã Contribution towards Gratuity and Other Benefit Schemes 77.65 97.31
äÞãä‡’¦Ôãã Ì¾ã¾ã Medical Expenses 27.45 26.15
‚Î¾ã ‡’Ê¾ãã¥ã Ì¾ã¾ã Other Welfare Expenses 43.02 37.72

¾ããñØã TOTAL 988.73 961.56

äÌãçã ÊããØã¦ã Finance Cost Year Ended 31.03.2017 Year Ended 31.03.2016
º¾ãã• ëãÀ‘ Ì¾ã¾ã Interest Expense
ºãõé‡’ãñé Ôãñ : From Banks:
‡õ’Íã ‡”ñ’äß‘›‘ †Ìãâ ‚ÊëããÌãä£ã‡’ É’¥ããñé ëãÀ‘ On Cash Credit & Short Term Loans 825.44 794.35
‚Î¾ã Ôãñ From Others 5.92 3.55
äÌãªñÍãè ½ãì«”ã Ôããõªãñé ëãÀ‘ äÌãäÎã½ã¾ã ªÀ‘ ½ãñé ‚Î¦ãÀ‘ dks foRr ykxr Exchange Differences considered as adjustment to Finance Cost 32.98 108.87
esa lek;ksftr fd;k x;k
¾ããñØã TOTAL 864.34 906.77
127

‚Î¾ã Ì¾ã¾ã Other Expenses Year Ended 31.03.2017 Year Ended 31.03.2016
½ãÀ‘½½ã¦ã ¦ã©ãã À‘Œã-À‘ŒããÌã: Repairs and Maintenance:
¼ãÌãÎã Buildings 50.96 46.57
Ôãâ¾ãâêã, ½ãÍãèÎãÀ‘è ¦ã©ãã ‚Î¾ã „‘ëãÔ‡’À‘ Plant, Machinery and other Equipments 125.58 102.39
‚Î¾ã Others 41.96 218.50 40.09 189.05
Êãî• ›î‘ÊÔã ‡’è Œãëã¦ã Consumption of Loose Tools 0.98 0.68
äºã•Êãè ‚ãõÀ‘ ëããÎãè ëã”¼ããÀ‘ Electricity and Water Charges 14.05 14.37
¾ããêãã Ì¾ã¾ã: Travelling Expenses:
äÎãªñÍã‡’Øã¥ã Directors 3.08 5.10
‚Î¾ã Others 18.00 21.08 23.84 28.94
Ô©ããÎãè¾ã ¾ããêãã Ì¾ã¾ã Local Conveyance Expenses 24.82 25.58
½ãì«”¥ã ¦ã©ãã ÊãñŒãÎã-Ôãã½ãØã”è Printing and Stationery 3.36 3.18
ä‡’À‘ã¾ãã,ªÀ»é‘ Ìã ‡’À‘ Rent, Rates and Taxes 29.41 23.18
ÔãâÞããÀ‘ Ì¾ã¾ã Communication Expenses 10.54 9.17
ºãè½ãã Insurance 58.53 55.49
ëã”ÞããÀ‘ †Ìãâ äºã‡”’è ÔãâÌã£ãÃÎã Publicity and Sales Promotion 47.70 55.19
¼ããßü‘ã Freight 1,307.81 1,326.89
Öõé‘ß‘åÊãØã ‚ãõÀ‘ ¼ã¥ß‘ãÀ‘¥ã Handling and Storage 352.14 287.24
äÎãªñÍã‡’ãñé dh flfVax iQhl Directors' Sitting Fee 2.02 1.88
ÌããÖ‘Îã ä‡’À‘ã¾ãã, ÞããÊãÎã ¦ã©ãã À‘Œã-À‘ŒããÌã Vehicle Hire, Running and Maintenance 24.22 21.76
ºããØãÌããÎãè Ì¾ã¾ã Horticulture Expenses 12.44 10.96
ÔãâÀ‘àãã Ì¾ã¾ã Security Expenses 30.15 28.44
äÌãä£ã‡’ ¦ã©ãã ëã”ãñ‰ñ’ÍãÎãÊã ëã”¼ããÀ‘ Legal and Professional Charges 10.09 9.14
ºãõé‡’ †Ìãâ äÌãçã ëã”¼ããÀ‘ Bank and Finance Charges 47.90 32.64
‚ÎãìÔãâ£ããÎã ‚ãõÀ‘ äÌã‡’ãÔã Ì¾ã¾ã Research and Development Expenditure 0.80 3.20
ëã”¼ããäÀ‘¦ã/Ôã½ãã¾ããñä•¦ã ‡’è ØãƒÃ À‘ãäÍã¾ããâ Amounts charged off / adjusted 0.07 0.07
‚ÞãÊã ëãäÀ‘Ôã½ëãäçã¾ããñé ‡ñ’ ä‡’† Øã†/ä‡’† •ãÎãñ ÌããÊãñ äÎãëã›‘ãÎã Ôãñ Öì‘ƒÃ Ö‘ãäÎã Loss on Disposal / Held for Disposal of Fixed Assets 14.49 8.61
cV~Vs[kkrs ½ãñé Mkyh x;h vpy ifjlaifÙk;ka Fixed Assets Written-Off 3.22 4.22
xSj&pkyw fuos'kksa dh fcØh ij gkfu Loss on Sale of Non-Current Investments 1.31 17.56
Hkkjr ljdkj moZjd ckWaMksa ds ewY; esa deh Diminution in value of Government of India Fertiliser Bonds -- 37.86
Øã¦ããÌãä£ã ½ãªñé (äÎãÌãÊã) (ä›‘ëëã¥ã 28.6 ‡’ã Ôãâª¼ãÃ Êãñé) Prior Period Items (Net) (Refer Note 28.6) (2.62) 1.08
äÌãäÌã£ã ŒãÞãÃ Miscellaneous Expenses 66.81 60.76
¾ããñØã TOTAL 2,299.82 2,257.14
128
28 vU; 28 Other Notes
28.1 tgka&dgha vko';d le>k x;k gS] xr o"kZ ds vkadM+ksa dks pkyw o"kZ ds 28.1 Previous year figures have been regrouped wherever considered
necessary to correspond with the current year's figures.
vkadM+ksa ds lkFk feyku gsrq fjxzqi fd;k x;k gSA
28.2 Áklafxd ns;Rkk,a 28.2 Contingent Liabilities
bl o"kZ dh lekfIRk ij Áklafxd ns;Rkk,a R 261-04 djksM+ ¼xRk o"kZ Contingent liabilities at the year-end are R 261.04 crore (Previous
R 230-84 djksM+½ Fkha fTkudk fooj.k fuEu Ádkj gS % year R 230.84 crore) as per details given below:
¼r djksM+ esa½ (R in Crore)
31-03-2017 31-03-2016 As at As at
dks dks 31.03.2017 31.03.2016
(i) lfefRk ds fo:) nkos@fookfnRk ns;Rkk,a (i) Claims against Society / Disputed
fTkUgsa _.k ds :i esa Lohdkj ugÈ fd;k Liabilities not acknowledged as Debt 11.33 10.36
x;k gS 11.33 10.36
(ii) Claims against Demand Notices
(ii) vk;dj] lhek 'kqYd] mRikn 'kqYd v©j issued by Income Tax, Customs,
fcØh dj ÁkfËkdj.kksa }kjk Tkkjh fd;s Excise and Sales Tax Authorities,
x;s fMekaM u®fVlksa ds nkos ftuds against which appeals / adjudication
fo#) lfefr us vihy@vfèkfu.kZ; dh preferred by the Society and
pending disposal* 162.74 160.62
ekax dh gS vkSj fuiVku yfEcr gSA* 162.74 160.62
(iii) vU; 86.97 59.86 (iii) Others 86.97 59.86
;®x 261.04 230.84 Total 261.04 230.84
* vksfM'kk jkT; esa vk;kr dh xbZ lkexzh ij izos'k dj yxkus ds vksfM'kk * Includes R 153.21 crore (Previous year R 139.02 crore) towards
jkT; ds vkns'k ds fo#) lfefr }kjk nk;j dh xbZ fjV ;kfpdk ls lacafèkr Entry Tax in terms of filing of writ petition by the Society against the
order of State of Orissa imposing the payment of Entry Tax on the
izos'k 'kqYd ds fy, r 153-21 djksM+ ¼xr o"kZ r 139-02 djksM+½ dh jkf'k
materials imported into the State of Orissa. Aggrieved by the Order
'kkfey gSA vksfM'kk ds ekuuh; mPp U;k;ky; ds vkns'k ds fo:) jkT; of the Hon'ble High Court of Orissa, State Government filed SLP
ljdkj us loksZPp U;k;ky; esa fo'ks"k vuqefr ;kfpdk nk;j dh FkhA ekuuh; before the Supreme Court. The Hon'ble Supreme Court vide its
loksZPp U;k;ky; us vius 12-03-2010 ds varfje vkns'k }kjk mM+hlk jkT; interim order dated March 12, 2010 had stayed the State of Orissa
dks ikjknhi bdkbZ ds lacaèk esa izos'k 'kqYd dh jkf'k olwyh djus ls jksd from recovering the amount of Entry Tax in respect of Paradeep
fn;k Fkk] c'krs± fd lfefr }kjk ns; jkf'k ds dqN izfr'kr dk Hkqxrku dj Unit, subject to payment of certain percentage of the amount due
fn;k tk,A mDr vkns'k dk vuqikyu djrs gq, 31-3-2017 rd dqy ns; jkf'k by the Society. Pursuant to the said order, an amount of R 24.38
r 153-21 djksM+ ¼xr o"kZ r 139-02 djksM+½ ds fo#) r 24-38 djksM+ ¼xr crore (Previous year R 22.25 crore) has been paid against the total
o"kZ r 22-25 djksM+½ dh jkf'k dk Hkqxrku dj fn;k x;k gSA loksZPp U;k;ky; dues of R 153.21 crore (Previous year R 139.02 crore) till March 31,
us vius 11 uoacj] 2016 ds vkns'k }kjk izos'k 'kqYd dh olwyh dh oS|rk 2017. The Supreme Court vide its order dated November 11, 2016
has upheld the validity of levy of Entry Tax, but has referred the
dks lgh Bgjk;k gS ysfdu lafo/kku ds vuqNsn 304¼d½ rFkk jkT; ds dkuwu
matter to the divisional / regular bench regarding testing and
ds ijh{k.k o fofu'p; ds laca/k esa rFkk fdlh nwljs ns'k ls Hkkjr esa vkus
determination of Article 304(a) of the Constitution vis-à-vis the State
okys lkeku ij izos'k 'kqYd yxkus ds ekeys dks fMfotuy@jSxqyj cSap Legislation and levy of entry tax on goods entering the landmass of
dks Hkstk gS ftl ij U;kf;d fu.kZ; yafcr gSA vc rd Hkqxrku dh xbZ India from another country, which is pending adjudication. The
jkf'k dks ^^vYikof/kd _.k o vfxze & izfrHkwfr o vU; tek jkf'k;k¡^^ ds amount so far paid is shown under "Short-Term Loans & Advances
varxZr n'kkZ;k x;k gSA - Security & Other Deposits".
28.3 izfrc)rk,a 28.3 Commitments
(i) iwathxr izfrc)rk,a (i) Capital Commitments
iwt
a hxr [kkrs esa fu"ikfnr fd;s tkus okys Bsdksa dk vuqekfur ewY; ¼vfxzeksa Estimated value of contracts (net of advances) to be executed
dk fuoy½ ftlds fy, r 722-40 djksM+ ¼xr o"kZ r 1]597-55 djksM+½ dk on capital account and not provided for amount to R 722.40
izkoèkku ugha fd;k x;k gSA crore (Previous year R 1,597.55 crore).
(ii) vU; izfrc)rk,a (ii) Other Commitments
lgk;d laLFkkvksa@la;qDr m|eksa esa bfDoVh ;ksxnku% blesa bQdks Equity Contribution to Subsidiaries / Joint Ventures: Comprising
bZ cktkj fyfeVsM ¼vkbZbZch,y½ ds r 4-00 djksM+ ¼xr o"kZ r 8-00 of IFFCO eBazar Limited (IEBL) - R 4.00 crore (Previous year
djksM+½] bQdks&,elh Øki lkbal izk- fyfeVsM ¼bQdks&,elh½ ds R 8.00 crore); IFFCO-MC Crop Science Private Limited (IFFCO-
r 'kwU; ¼xr o"kZ r 2-55 djksM+½ rFkk bQdks fdlku cktkj o MC) - R NIL (Previous year R 2.55 crore) and IFFCO Kisan
ykWftfLVDl fyfeVsM ¼vkbZdsch,y,y½ ds r 'kwU; ¼xr o"kZ r 1-35 Bazar & Logistics Limited (IKBLL) - R NIL (Previous year -
djksM+½ 'kkfey gSa] ftldk dqy ;ksx r 4-0 djksM+ ¼xr o"kZ r 11-90 R 1.35 crore), total aggregating to R 4.00 crore (Previous year
djksM+½ cSBrk gSA R 11.90 crore).
28.4 ykHkka'k 28.4 Dividend
lfefr dh iznÙk bfDoVh 'ks;j iwath ij 20 izfr'kr dh nj ls ykHkka'k ds Dividend is proposed to be paid @ 20% on the paid-up Equity Share
Capital of the Society. The total proposed dividend appropriated out
Hkqxrku dk izLrko gSA bl o"kZ ds fy, ykHk esa ls dqy izLrkfor ykHkka'k
of the profit for the year is R 84.17 crore (Previous year R 84.86
fofu;kstu dh jkf'k r 84-17 djksM+ ¼xr o"kZ r 84-86 djksM+½ gSA crore).
129
vU; ¼tkjh½ Others (Contd.)
28.5 ifjlaifÙk;ksa dk olwyh ;ksX; ewY; 28.5 Realisable Value of Assets

izcaèku dh jk; esa] LFkk;h ifjlaifÙk;ksa vkSj xSj&pkyw fuos'kksa ds vykok In the opinion of the Management, the value of assets other than
ifjlaifÙk;ksa dk ;g ewY; O;kikj dh lkekU; ifjlaifÙk;ksa esa olwy gksus fixed assets and non-current investments, on realisation in the
okys mu ewY;ksa ls de ugha gksxk ftudk mYys[k bl rqyu i= esa fd;k ordinary course of business, will not be less than the value at which
these are stated in the Balance Sheet.
x;k gSA
28.6 iwoZ vofèk ensa 28.6 Prior Period Items
iwoZ vofèk enksa dk fooj.k fuEukuqlkj gS % The detail of prior period items is as under:
31-3-2017 31-3-2016 Year Ended Year Ended
d® lekIr o"kZ d® lekIr o"kZ 31.3.2017 31.3.2016
vk;% Income:
vU; 3.00 3.00 0.28 0.28 Others 3.00 3.00 0.28 0.28
O;;% Expenditure:
ewY;gzkl ¼fuoy½ 0.38 0.21 Depreciation (Net) 0.38 0.21
vU; -- 0.38 1.15 1.36 Others -- 0.38 1.15 1.36
iwoZ vofèk MsfcV@¼ØsfMV½ (2.62) 1.08 Net Prior Period Debit/(Credit) (2.62) 1.08
28.7 ifjlEifÙk;ksa dk foPNsnu 28.7 Impairment of Assets

ys[kkadu ekud&28¼,,l&28½ ÞifjlEifÙk;ksa dk foPNsnuÞ ds vuqlj.k esa In accordance with Accounting Standard - 28, "Impairment of
lfefr us rqyu i= dh rkjh[k dks ;g vkadyu fd;k fd D;k dksbZ ,slk Assets", Society has assessed as on the Balance Sheet date,
ladsr gS ¼ekud ds iSjk&8 ls 10 rd esa lwphc)½ tks fdlh ifjlEifÙk ds whether there are any indications (listed in paragraphs 8 to 10 of
foPNsnu ds lacaèk esa gksA bl vkadyu ds vkèkkj ij ;g ifjfuèkkZfjr fd;k the Standard) with regard to the impairment of any of the assets.
x;k fd bl le; ,slh dksbZ laHkkfor gkfu ugha gSA vr% olwyh ;ksX; jkf'k Based on such assessment, it has been ascertained that no potential
loss is present and therefore, formal estimate of recoverable amount
dk vkSipkfjd vuqeku ugha yxk;k x;k gSA rnuqlkj] ys[kkiqLrdksa esa
has not been made. Accordingly, no impairment loss has been
fdlh foPNsnu gkfu dk izkoèkku ugha fd;k x;k gSA
provided in the books of account.
28.8 dSfedYl rFkk dSVkfyLV 28.8 Chemicals and Catalysts
la;a=ksa dh dfe'kfuax ds i'pkr tkjh fd;s tkus okys dSVkfyLV vkSj Catalysts and Resins issued subsequent to Commissioning of the
jsftUl dks rduhdh vkadyuksa ds vuqlkj mudh vuqekfur ykHkdkjh Plants are charged to revenue over their estimated useful lives, as
thoukofèk ds fy, jktLo esa izHkkfjr fd;k tkrk gSA technically assessed.
28.9 Hkkjr ljdkj ls vFkZlgk;rk@fj;k;r 28.9 Subsidy / Concession from Government of India
(i) ukbVªkt s hul moZjd Hkkjr ljdkj }kjk le;≤ ij ;Fkk vfËklwfpr (i) Nitrogenous Fertilisers are under the Group Concession Scheme
xzqi fj;k;r ;kstuk ds vUrxZr vkrs gSAa ukbVªkt
s hul moZjdksa ij lfClMh as notified by Government of India (GOI) from time to time. The
dk fglkc] pkyw o"kZ ds fy, vfËklwfpr fj;k;r ewY; ds vkËkkj ij yxk;k subsidy on Nitrogenous Fertilisers for the current year has been
accounted for on the basis of Notified Concession Price, further
x;k gS] ftls mDr ;kstuk ds vËkhu fuËkkZfjr ;k vfËklwfpr ekunaMksa ds
adjusted for input price escalation/de-escalation, based on the
vkËkkj ij vknku ewY;ksa dh o`f)@deh ds fy, vkxs lek;ksftr dj fn;k
norms prescribed or notified under the said scheme. On fixation
tkrk gSA Hkkjr ljdkj }kjk vafre fj;k;r ewY; vkSj bDosfVM HkkM+k fuËkkZfjr of final Concession Price by the Government of India, necessary
dj fn;s tkus ds ckn vko';d lek;kstu] ;fn dksbZ gksx a ]s ml o"kZ ftlesa adjustments, if any, will be made in the accounts for the year,
mDr ewY; vfèklwfpr fd;k x;k gS] ds [kkrksa esa fd, tk,axAs in which such price is notified.
(ii) QkWLQsfVd moZjdksa ij fj;k;r dks Hkkjr ljdkj }kjk le;≤ (ii) Concession on Phosphatic Fertilisers has been accounted for
ij vfèklwfpr njksa ds vkèkkj ij fglkc esa fy;k x;k gSA based on the concession rate as notified by Government of
(iii) moZjdksa ij HkkM+k ykxr dh izfriwfrZ Hkkjr ljdkj }kjk le;≤ India from time to time.
ij vfèklwfpr HkkM+k uhfr ds vkèkkj ij fglkc esa yh xbZ gSA (iii) The reimbursement towards Freight Cost on Fertilisers has
(iv) moZjd foHkkx ¼Mhvks,Q½] moZjd o jlk;u ea=ky; us Hkkjr ljdkj been accounted for based on the freight policy, as notified by
dh ;Fkk ykxw iks"kd rRo vk/kkfjr vFkZlgk;rk ¼,uch,l½ ;kstuk ds Government of India from time to time.
vuqlj.k esa lfefr dks ns; jkf'k;ksa esa ls xr vof/k ds fy, (iv) The Department of Fertilizers (DoF), Ministry of Chemicals
R 644-00 djksM+ dh vFkZlgk;rk dh olwyh ;g vkjksi yxkrs gq, dj and Fertilisers had effected recovery of subsidy of R 644.00
crore for the prior period out of the dues payable to the Society
yh gS fd lfefr us veksfu;k vkWQVsd djkj ¼,vksVh,½ ds varxZr
in accordance with applicable Nutrient Based Subsidy (NBS)
vizSy] 2010 ls ebZ] 2013 rd dh vof/k ds fy, vk;kr fd, x,
Scheme of GOI, alleging undue benefits to the Society on
veksfu;k ds ekeys esa vuqfpr ykHk vftZr fd;k gS A ckn esa moZjd account of Ammonia Imported for the period April 2010 to May
foHkkx us lfefr }kjk Hkqxrku fd, x, djksa@midjksa ds lek;kstu 2013 under Ammonia Offtake Agreement (AOTA). The DoF,
djus dh fLFkfr esa bl jkf'k dks la'kksf/kr djds R 765-19 djksM+ dj subsequently, revised the amount to R 765.19 crore subject
fn;k gSA lfefr us ekuuh; mPp U;k;ky;] fnYyh ds le{k ,d fjV to adjustment of taxes / cess paid by the Society. The Society
;kfpdk nk;j dh gS ftlesa bl vFkZlgk;rk dh olwyh dks has filed a writ petition before the Hon'ble High Court of Delhi,
voSèk@euekuhiw.kZ] HksnHkkoiw.kZ rFkk lafo/kku dh /kkjk 14 ds fo:) challenging the recovery of subsidy as being illegal, arbitrary,
pqukSrh nh xbZ gS] ftlij U;kf;d fu.kZ; yafcr gSA dkuwuh jk; ds discriminatory and violative of Article 14 of the Constitution,
vuqlkj lfefr dk dsl etcwr gS rFkk lfefr dks vius i{k esa fu.kZ; which is pending adjudication. As per legal opinion, the Society
130
vkus dk iwjk Hkjkslk gSA rnuqlkj vHkh rd olwyh xbZ R 644-00 has a strong case and a fair chance of getting the Judgment
djksM+ dh jkf'k dks ^^vU; pkyw ifjlaifRr;k¡&nkos o vU; olwyh in its favour. Accordingly, the amount of R 644.00 crore, so
;ksX; jkf'k;k¡^^ ds varxZr n'kkZ;k x;k gSA far recovered has been shown under "Other Current Assets
- Claims and Other Recoverable".
28.10 vugsTM fons'kh eqnzk ,Dlikstj 28.10 Unhedged Foreign Currency Exposure
fons'kh eqnzk dh jkf'k ftldh MsjhosfVo baLVªwesaV~l ls ;k vU;Fkk gsftax Foreign currency exposures that are not hedged by derivative
ugha dh xbZ gS%& instruments or otherwise:
31-3-2017 31-3-2016 As at As at
d® d® 31.3.2017 31.3.2016
ns; jkf'k 65.35 1,220.86
Amount Payable 65.35 1,220.86
izkI; jkf'k 13.62 110.10 Amount Receivable 13.62 110.10
28.11 vk;dj 28.11 Income Tax
pkyw vk;dj ns;rk dk izkoèkku vkseku dh lYrur ds lkFk fd;s x;s The provision for Current Tax liability has been made in accordance
Mcy VSDls'ku ,okbMsal ,xzhesaV ds ykHkksa dks è;ku esa j[krs gq, rFkk with the provisions of the Income Tax Act, 1961 after taking into
vk;dj vfèkfu;e] 1961 ds izkoèkkuksa ds vuqlkj fd;k x;k gSA consideration the benefit under Double Taxation Avoidance
Agreement entered into with the Sultanate of Oman.
28.12 deZpkfj;ksa dks ykHk 28.12 Employee Benefits
i) fu;kstu i'pkr~ ykHkksa vkSj nh?kZdkfyd deZpkjh ykHkksa dh (i) The summarised position of post-employment benefits and long term employee benefits
laf{kIr fLFkfr dks ykHk&gkfu [kkrs vkSj rqyu i= esa ys[kkadu recognised in the Statement of Profit and Loss and Balance Sheet as required in
ekud&15 ¼la'kksfèkr½ dh vis{kkvksa ds vuqlkj fuEu izdkj ls
accordance with Accounting Standard - 15 (Revised), "Employee Benefits" is as under:
^deZpkfj;ksa dks ykHk* ds :i esa n'kkZ;k x;k gS%
¼d½ ykHk vkSj gkfu [kkrs esa Mkys x;s O;; (a) Expenses Recognised in the Statement of Profit and Loss
(R in Crore)
Year ended 31.3.2017 Year ended 31.3.2016
Gratuity Leave Encashment/ Gratuity Leave Encashment/
Compensated Compensated
Absences Absences
Funded Unfunded Funded Unfunded
pkyw lsok ykxr Current Service Cost 20.66 19.34 23.59 21.28
C;kt ykxr Interest Cost 42.83 31.92 39.62 28.66
Iyku ifjlEifÙk;ksa ij Expected Return on
laHkkfor izfrykHk Plan Assets (33.00) -- (32.57) --
Iyku ifjlEifÙk;ksa ij Actuarial (Gain) /
,Dpwfj;y ¼ykHk½@gkfu Loss on Plan Assets (5.14) -- 1.95 --
Iyku nkf;Roksa ij Actuarial (Gain) /
,Dpwfj;y ¼ykHk½@gkfu Loss on Plan Obligations (0.17) 29.80 26.91 41.29
ykHk vkSj gkfu [kkrs esa Mkyk x;k Total Expenses recognised in
dqy O;; the Statement of Profit & Loss 25.18 81.06 59.50 91.23
¼[k½ rqyu i= esa Mkyh x;h jkf'k (b) Amount Recognised in the Balance Sheet
(R in Crore)
As at 31.3.2017 As at 31.3.2016
Absences Absences
o"kZ ds var esa nkf;Roksa dk Estimated Present Value of

Obligations as at the end of
orZeku vuqekfur ewY; the year 536.26 420.37 535.75 399.27
o"kZ ds var esa Iyku ifjlEifÙk;ksa Fair Value of Plan Assets as
dk mfpr ewY; at the end of the Year 433.99 -- 418.60 --
rqyu i= esa Mkyh x;h xSj&foÙk Unfunded Net Liability recognised
iksf"kr fuoy ns;rk* in the Balance Sheet* 102.27 420.37 117.15 399.27
* minku ds :i esa dqy xSj&foÙk iksf"kr ns;rk ftls rqyu&i= esa * The total unfunded liability towards Gratuity, recognised in the Balance Sheet is Current. Of the
Mkyk x;k gS og pkyw vofèk dh gSA NqVV~ h udnhdj.k] {kfriwjd total unfunded liability towards Leave Encashment / Compensated Absences, recognised in the Balance
vuqifLFkfr] ds :i esa dqy xSj&foÙk iksf"kr ns;rk ftls rqyu&i=
esa Mkyk x;k gS r 99-79 djksM+ ¼xr o"kZ r 52-61 djksM½+ pkyw ns;rk Sheet R 99.79 crore (Previous Year R 52.61 crore) is Current and the balance R 320.58 crore (Previous
gS rFkk 'ks"k jkf'k r 320-58 djksM+ ¼xr o"kZ r 346-66 djksM½+ Year R 346.66 crore) is Non-Current.
xSj&pkyw ns;rk gSA
131
¼x½ nkf;Roksa ds orZeku ewY; esa ifjorZu (c) Changes in the Present Value of Obligations
(R in Crore)
As at 31.3.2017 As at 31.3.2016
Absences Absences
o"kZ ds vkjEHk esa nkf;Roksa dk Present Value of Obligations
orZeku ewY; at the beginning of the year 535.75 399.27 509.84 369.81
C;kt ykxr Interest Cost 42.83 31.92 39.62 28.66
pkyw lsok ykxr Current Service Cost 20.66 19.34 23.59 21.28
ykHkksa dk Hkqxrku Benefits Paid (62.81) (59.96) (64.21) (61.77)
nkf;Roksa ij ,Dpwfj;y Actuarial (Gain) /
¼ykHk½@gkfu Loss on Obligations (0.17) 29.80 26.91 41.29
o"kZ ds vUr esa nkf;Roksa dk Present Value of Obligations
orZeku ewY; at the end of the year 536.26 420.37 535.75 399.27
¼?k½ Iyku ifjlEifRr;ksa ds mfpr ewY; esa ifjorZu (d) Changes in Fair Value of Plan Assets
(R in Crore)
As at 31.3.2017 As at 31.3.2016
Absences Absences
o"kZ ds vkjaHk esa Iyku ifjlaifÙk;ksa dk Fair Value of Plan Assets at
mfpr ewY; the beginning of the year 418.60 -- 412.80 --
Iyku ifjlEifÙk;ksa ij okLrfod izfrykHk Actual Return on Plan Assets 38.15 -- 30.62 --
fu;ksDrk dk va'knku Employers' Contribution 40.05 -- 39.39 --
Hkqxrku fd;s x;s ykHk Benefits Paid (62.81) -- (64.21) --
o"kZ ds var esa Iyku ifjlEifÙk;ksa dk Fair Value of Plan Assets at
mfpr ewY; the end of the year 433.99* -- 418.60* --
*minku dks"kksa dk izc/a k fofHkUu thou chek dEifu;ksa }kjk * Gratuity Funds are managed by various Life Insurance Companies. However, individual investment
fd;k tkrk gSA rFkkfi] Iyku ifjlEifÙk;ksa dk fuos'kokj wise details of Plan Assets are not provided by these companies.
vyx&vyx fooj.k bu dEifu;ksa }kjk miyC/k ugha djk;k
tkrkA Year ended 31.3.2017 Year ended 31.3.2016
¼³½ minku dks"k dh Iyku ifjlaifÙk;ksa ij okLrfod izfrykHk (e) Actual Return on Plan Assets of Gratuity Fund 9.64% 7.89%
ii) o"kZ ds nkSjku lfefr }kjk Hkfo"; fuf/k ;kstuk ii) Society's contribution to Provident Fund Scheme recognised as Expense for the year
esa fd;k x;k va'knku fuEu izdkj gS %& is as under:
¼d½ ykHk o gkfu ys[ks esa Mkys x, [kpsZ (a) Expenses Recognised in the Statement of Profit and Loss
(R in Crore)
Hkfo"; fuf/k esa va'knku Contribution to Provident Fund 49.43 47.93
is'a ku fuf/k esa va'knku Contribution to Pension Fund 7.16 7.58
Hkfo"; fuf/k U;kl dh ifjlEifRr;ksa ds mfpr Expense/(Income) recognised on account of
ewY; vkSj Hkfo"; fuf/k U;kl ds nkf;Roksa ds orZeku Shortfall/Surplus between Fair Value of Assets of
ewY; ds chp dh deh@vfèk'ks"k ds dkj.k Mkyk Provident Fund Trust and Present Value of
x;k O;;@¼vk;½ Obligations of the Provident Fund Trust (0.13) (0.93)
¼[k½ rqyu&i= esa Mkyh xbZ jkf'k (b) Amount Recognised in the Balance Sheet
(R in Crore)
As at 31.3.2017 As at 31.3.2016
o"kZ ds vkjaHk esa nkf;Roksa dk Present Value of Obligations at the
orZeku ewY; beginning of the year 33.05 33.98
o"kZ ds nkSjku Hkfo"; fufèk esa fd;k x;k Hkqxrku Payment made to Provident Fund during the year -- --
Hkfo"; fufèk U;kl dh ifjlaifÙk;ksa ds mfpr Liability/(Income) recognised on account of Shortfall/
ewY; rFkk Hkfo"; fufèk U;kl ds nkf;Roksa ds Surplus between Fair Value of Assets of Provident
orZeku ewY; ds chp deh@vfèk'ks"k ds dkj.k Fund Trust and present value of Obligations of the
Mkyh xbZ ns;rk,a Provident Fund Trust (0.13) (0.93)
o"kZ ds var esa nkf;Roksa dk orZeku ewY; Present Value of Obligations at the end of the year 32.92 33.05
132
¼x½ Hkfo"; fuf/k U;kl ds fuos'kksa dk fooj.k (c) Investment Details of Provident Fund Trust
As at 31.3.2017 As at 31.3.2016
Amount Percentage of Amount Percentage of
Invested Investment Invested Investment
(R in Crore) (R in Crore)
dsUnz@jkT; ljdkj dh izfrHkwfr;ka Central/State Government Securities 718.91 47.27 682.61 47.53
foÙkh; laLFkkvksa ds ckaM Financial Institutions Bonds 785.64 51.66 740.94 51.59
E;wpqvy QUM~l Mutual Funds 16.25 1.07 12.68 0.88
;ksx Total 1,520.80 100.00 1,436.23 100.00
iii) rqyu i= dh rkjh[k dks ize[q k ,Dpwfj;y voèkkj.kk,a iii) Principal actuarial assumptions at the Balance Sheet Date (expressed as weighted
¼Hkkfjr vkSlr ds :i esa O;Dr½ average)
As at 31.3.2017 As at 31.3.2016
iz;qDr i)fr Method used Projected Unit Credit Method Projected Unit Credit Method
fMLdkmaV nj Discount Rate 7.50% 8.00%
Iyku ifjlEifÙk;ksa ij izfrykHk dh laHkkfor nj * Expected Rate of return on Plan Assets*
- minku dks"k - Gratuity Fund 7.50% 7.89%
- Hkfo"; fuf/k dks"k - Provident Fund 8.65% 8.85%
Expected Rate of Salary increase** 6.50% 6.75%
osru o`f) dh laHkkfor nj **
* Iyku ifjlEifRr;ksa ij izfrykHk dh vuqekfur nj dk fuèkkZj.k èkkfjr Iyku ifjlEifRr;ksa dh
* The expected rate of return on plan assets is determined considering composition of plan assets
dEiksft'ku] Iyku ifjlEifRr;ksa ij izfrykHk ds fgLVksfjdy ifj.kke rFkk vU; lEc) held, historical results of return on plan assets and other relevant factors.
dkjdksa dks fglkc esa ysdj fd;k x;k gSA ** Considered taking into account inflation, seniority, promotion and other relevant factors.
** eqnzkLQhfr] ofj"Brk] inksUufr vkSj vU; lEc) dkjdksa dks fglkc esa fy;k x;k gS A
28.13 vkWijsÇVx yhTk 28.13 Operating Lease
lfefRk dh egRoiw.kZ yhÇTkx O;oLFkk,a deZpkfj;ksa }kjk bLR®eky fd;s Tkkus okys vkoklh; The Society's significant leasing arrangements are in respect of
Operating Lease of premises for offices of the Society and
ifjljksa v©j dk;kZy; ifjljksa dh vkijsfVax yhTk ds lacËa k esa gSA bu yht djkjksa dks
residential use of employees of the Society. These leasing
vkerkSj ij ikjLifjd lger 'krksaZ ds vkèkkj ij uohÑr fd;k tkrk gS ijUrq bUgsa jn~n agreements are usually renewable on mutually agreed terms but
Hkh fd;k tk ldrk gSA bu Hkqxrkuksa dks fVIi.k&27 esa *fdjk;k] nj vkSj dj* ds :Ik esa are cancellable. These payments are shown in Note 27 under
n'kkZ;k x;k gSA 'Rent, Rates and Taxes'.
28.14 lsxesaV fji®fV±x 28.14 Segment Reporting
¼d½ Ákbejh lsxesaV (a) Primary Segment
lfefRk ds dk;Z O;kikj dk ÁcaËk o Ápkyu mRiknksa dh ÁÑfRk ds vuqlkj The Society's operating business are organised and managed
vyx&vyx fd;k TkkRkk gS v©j ÁR;sd lsxesaV d® fofHké mRiknksa ds fy, separately according to the nature of products, with each segment
O;kikj dk ,d vax ekuk TkkRkk gSA n® lsxesaVksa dh igpku dh xbZ gS Tk® representing a business unit that offers different products. The
*;wfj;k* v©j *,uihds@Mh,ih* ds :i esa gSa Tkcfd Rkhljk lsxesaV *vU;* two identified segments are 'Urea' and 'NPK/DAP', while the third
segment 'Others' mainly consists of traded products i.e. Imported
gS fTklesa eq[; :i ls vk;kfRkRk Mh,ih] ;wfj;k RkFkk ns'kh chTkksa v©j
DAP, Urea and Indigenous Seeds and Chemicals. Corporate
jlk;u®a dk O;kikj 'kkfey gSA dkWji®jsV vk; v©j O;; fTklesa C;kTk Hkh income and expenses including interest are considered as part of
'kkfey gS] d® xSj&vkoaVu ;ksX; vk; v©j O;; dk fgLlk ekuk x;k gS] unallocated income and expenses which are not identifiable to
D;ksafd bls fdlh Hkh O;kikj lsxesaV esa ugÈ Mkyk Tkk ldRkkA any business segment.
(R in Crore)
Manufactured Fertilisers
UREA NPK/DAP Others Total
Year ended Year ended Year ended Year ended
31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016
jkTkLo Revenue
fcØh Sales 2,361 2,453 7,531 8,208 2,174 5,003 12,066 15,664
“kjRk ljdkj ls ÁkIRk lfClMh Subsidy from GOI 5,102 6,618 4,203 5,090 759 2,313 10,064 14,021
vU; jkTkLo Other Revenue 20 62 59 102 -- -- 79 164
dqy jkTkLo ¼d½ Total Revenue (A) 7,483 9,133 11,793 13,400 2,933 7,316 22,209 29,849
Ápkyu O;; Operating Expenses
ÁR;{k O;; Direct Expenses 6,350 7,909 9,543 11,560 2,764 6,982 18,657 26,451
vkoafVr O;; Allocated Expenses 434 452 874 875 -- -- 1,308 1,327
dqy Ápkyu Total Operating
O;; ¼[k½ Expenses (B) 6,784 8,361 10,417 12,435 2,764 6,982 19,965 27,778
lsxesaVy Ápkyu Segmental Operating
vk; ¼d&[k½ Income (A-B) 699 772 1,376 965 169 334 2,244 2,071
133
(R in Crore)
Year ended Year ended Year ended Year ended
31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016
xSj vkoafVRk O;; Unallocated Expenses 751 696
Ápkyu vk; Operating Income 1,493 1,375
xSj vkoafVRk vk; Unallocated Income:
tksM+sa % ykHkka’k dh vk; Add: Dividend Income 83 190
tksM+sa % vU; jktLo Add: Other Revenue 232 254
tksM+sa % C;kt vk; Add: Interest Income 73 108
?kVk,a% C;kt O;; Less: Finance Cost (864) (907)
dj iwoZ ykHk Profit before Tax 1,017 1,020
vk;dj ¼fuoy½ Income Tax (Net) 332 314
dj i'pkr ykHk Profit after Tax 685 706
(R in Crore)
As at As at As at As at
31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016
fu;®fTkRk iwaTkh Capital Employed

lsxesaV ifjlEifRr;ka Segment Assets 5,726 7,230 8,035 8,639 834 872 14,595 16,741
xSj vkoafVRk Unallocated Corporate
Assets 8,175 8,238
dkji®jsV ifjlEifRr;ka
Total Assets 22,770 24,979
dqy ifjlEifRr;ka
Segment Liabilities 870 750 612 1,256 -- -- 1,482 2,006
lsxesaV nsunkfj;ka
Unallocated Corporate
xSj vkoafVRk dkji®jsV
Liabilities 13,181 15,461
nsunkfj;ka
Total Liabilities 14,663 17,467
dqy nsunkfj;ka
Other Information:
vU; lwpuk%
Capital Expenditure 1,301 344 420 209 -- -- 1,721 553
iwaTkhxRk O;;
Unallocated Capital
xSj vkoafVRk iwaTkhxRk Expenditure 7 16
O;;
Depreciation/
ewY;gzkl@ifj'kksèku Amortisation 106 96 204 161 -- -- 310 257
xSj vkoafVRk ewY;gzkl@ Unallocated Depreciation/
ifj'kksèku Amortisation 19 21
xSj&udn O;; Non-Cash Expenses
ewY;gzkl dks NksM+dj other than Depreciation 6 6 11 5 -- -- 17 11
xSj&vkoafVr xSj&udn O;; Unallocated Non-Cash
ewY;gzkl dks NksM+dj Expenses other than Depreciation 2 57
[k½ T;ksxzkfQdy lsxesaV b) Geographical Segments

lfefr vius mRiknksa dh fcØh ns'k ds Hkhrj djrh gS tgka fon~;eku The Society sells its products within India where the conditions
ifjfLFkfr;k¡ ,d leku gSaA vr% fdlh T;ksxzkfQdy lsxesaV ds fooj.k dks prevailing are uniform. Hence no geographical segment disclosure
vko';d ugha ekuk x;kA is considered necessary.
28.15 lEc) ikfVZ;ksa ds ckjs esa fooj.k 28.15 Related Party Disclosure
lEc) ikfVZ;ksa dh lwph List of Related Parties
¼d½ lgk;d dEifu;ka (A) Subsidiary Companies
& bQd®&V®D;® Tkujy ba';ksjsal daiuh fyfeVsM - IFFCO-Tokio General Insurance Company Limited
& fdlku bUVjus'kuy VsªÇMx ,QT©MbZ - Kisan International Trading FZE
& bQdks fdlku cktkj ,.M ykWftfLVDl fyfeVsM - IFFCO Kisan Bazar & Logistics Limited
& bQd® NRrhlx<+ ikoj fyfeVsM - IFFCO Chhattisgarh Power Limited
& bQdks fdlku lapkj fyfeVsM - IFFCO Kisan Sanchar Limited
& bQdks fdlku ,lbZtSM fyfeVsM - IFFCO Kisan SEZ Limited
& bQdks bZcktkj fyfeVsM - IFFCO eBazar Limited
& bQdks&,elh Øki lkbal izk- fyfeVsM - IFFCO-MC Crop Science Private Limited
& bafM;u QkeZ QksjsLVªh MsoyiesaV dksvkijsfVo fyfeVsM - Indian Farm Forestry Development Cooperative Limited
134

lgk;d daifu;ksa dh lgk;d dEifu;ka Subsidiary of Subsidiary Companies
& bQd® V®D;® ba';®jsal lfoZlsTk fyfeVsM - IFFCO-Tokio Insurance Services Limited
& QVZ dkWi VªsfMax ,y,ylh - Fert Coop Trading LLC
¼[k½ la;qDr m|e (B) Joint Ventures

& baMLVªht f'kfed Mw lsusxy - Industries Chimiques du Senegal
& vkseku bafM;k QfVZykbtj dEiuh ,l,vkslh - Oman India Fertiliser Company SAOC
& tksMZu bafM;k QfVZykbtj dEiuh] ,y,ylh - Jordan India Fertilizer Company LLC
¼x½ ,lksfl,V~l (C) Associates

& bafM;u i®Vk'k fyfeVsM - Indian Potash Limited
& lgdkjh xzkeh.k fodkl U;kl - Cooperative Rural Development Trust
& bQdks fdlku lsok VªLV - IFFCO Kisan Sewa Trust
& bQd® QkmaMs'ku - IFFCO Foundation
¼?k½ mPp ÁcaËku oxZ (D) Key Management Personnel

(i) MkW- mn; 'kadj voLFkh & ÁcaËk funs'kd (i) Dr. U S Awasthi - Managing Director
(ii) Jh jkds'k diwj & la;Dq r izcèa k funs'kd ,oa foÙk funs'kd (ii) Mr. Rakesh Kapur - Joint Managing Director & Finance Director
(iii) Jh ds ,y flag & funs'kd ¼rduhdh½ (iii) Mr. K L Singh - Director (Technical)
(iv) Jh vkj ih flag & funs'kd ¼ekuo lalkèku o fofèk½ (iv) Mr. R P Singh - Director (Human Resource & Legal)
(v) Jh , jkW; & foi.ku funs'kd (v) Mr. A Roy - Marketing Director
(vi) Jh euh"k xqIrk & funs'kd ¼LVsªVsth ,oa la;qDr m|e½ (vi) Mr. Manish Gupta - Director (Strategy & Joint Venture)
(vii) Jh ,e vkj iVsy & funs'kd ¼vkbZVh lfoZlst½ (vii) Mr. M R Patel - Director (IT Services)
(viii) Jh , ds flag & funs'kd ¼lgdkfjrk fodkl ,oa (viii)Mr. A K Singh - Director (Cooperative Development &
bZ,lih½ ESP)
(R in Crore)
lEc) ikVhZ ysu nsu dh izÑfr Related Party Nature of Transaction 2016-17 2015-16
lgk;d daifu;ka Subsidiary Companies
bQdks&VksD;ks tujy ba';ksjl

as izkI; jkf'k IFFCO-Tokio General Amount Receivable 0.18 0.45
daiuh fyfeVsM lsokvksa ds fy, vfxze Insurance Company Advance for Services 0.21 0.21
lsokvksa ds fy, Hkqxrku Limited Payment for Services 77.57 64.27
izkIr@fuiVk, x;s nkosa Claims Received / Settled 1.96 86.58
izkIr fdjk;k Rent Received 21.97 22.19
izfrHkwfr tek dk Hkqxrku Security Deposit Paid 0.75 0.62
fdlku bUVjus'kuy izkI; jkf'k Kisan International Amount Receivable 5.51 5.57
Vªfs Max ,QtSMbZ ns; jkf'k Trading FZE Amounts Payable 10.54 301.19
dPps eky dh [kjhn Purchase of Raw Materials 2,883.65 3,920.98
rS;kj eky dh [kjhn Purchase of Finished Goods 948.00 2,189.95
lsokvksa ds fy, Hkqxrku Payment for Services 167.34 150.60
C;kt ds fy, Hkqxrku Payment for Interest 4.61 --
ykHkka'k vk; Dividend Income 18.22 17.58
bQdks fdlku cktkj ,aM fd;k x;k fuos'k IFFCO Kisan Bazar & Investment made 13.50 --
ykWftfLVDl fyfeVsM bfDoVh izfrc)rk ds fo#) vfxze Logistics Limited Advance against Equity Commitment -- 12.15
ns; jkf'k Amount Payable 0.45 2.80
bQdks fdlku izkI; jkf'k IFFCO Kisan Sanchar Amount Receivable -- 0.13
lapkj fyfeVsM ykHkka'k vk; Limited Dividend Income 0.73 0.73
bQdks bZcktkj fyfeVsM fd;k x;k fuos'k IFFCO eBazar Limited Investment made 4.00 2.00
ns; jkf'k Amount Payable 2.54 --
izkI; jkf'k Amount Receivable 79.75 --
rS;kj eky dh [kjhn Purchase of Finished Goods 4.50 --
rS;kj eky dh fcØh Sale of Finished Goods 102.55 --
LFkk;h ifjlaifÙk;ksa dk forj.k Transfer of Fixed Assets 0.06 --
lsokvksa ds fy, Hkqxrku Payment for Services 0.11 --
135

(R in Crore)
lEc) ikVhZ ysu nsu dh izÑfr Related Party Nature of Transaction 2016-17 2015-16
bQdks&,elh Øki lkbal fd;k x;k fuos'k IFFCO-MC Crop Science Investment made -- 12.75
izkbosV fyfeVsM ns; jkf'k Private Limited Amount Payable 0.62 1.04
izkI; jkf'k Amounts Receivable 0.01 0.07
rS;kj eky dh [kjhn Purchase of Finished Goods 9.63 3.65
cdk;k _.k Loan Outstanding 13.00 --
bafM;u QkeZ QksjLs Vªh ns; jkf'k Indian Farm Forestry Amount Payable 1.96 2.72
MsoyiesVa dksvkijsfVo izkI; jkf'k Development Cooperative Amount Receivable 428.29 244.05
fyfeVsM lsokvksa ds fy, Hkqxrku Limited Payment for Services 0.02 0.08
rS;kj eky dh fcØh Sale of Finished Goods 1,210.02 1,076.36
fdlkuksa dks ykHk Benefit to Farmers 1.73 5.35
izkIr izfrHkwfr tek Security Deposit Received 0.01 --
lgk;d dEiuh dh lgk;d dEiuh Subsidiary of Subsidiary
bQdks VksD;ks ba';ksjl

as C;kt ds fy, Hkqxrku IFFCO-Tokio Insurance Payment for Interest -- 0.04
lfoZflt fyfeVsM izkI; jkf'k Services Limited Amount Receivable -- 0.02
la;qDr m|e Joint Ventures
baMLVªht f'kfed izkI; jkf'k Industries Chimiques du Amount Receivable 7.45 7.62
Mw lsuxs y dPps eky dh [kjhn Senegal Purchase of Raw Materials 1,468.66 1,329.11
vkseku bafM;k QfVZykbtj izkI; jkf'k Oman India Fertiliser Amount Receivable 5.86 6.59
daiuh ,l,vkslh Vªfs MM mRiknksa dh [kjhn Company SAOC Purchase of Traded Products 131.26 140.25
lsokvksa ds fy, izkfIr;ka Receipt for Services 27.79 27.10
ns; jkf'k Amount Payable -- 14.58
tksMZu bafM;k QfVZykbtj izkI; jkf'k Jordan India Fertilizer Amount Receivable 0.63 0.18
dEiuh ,y,ylh fd;k x;k fuos'k Company LLC Investment Made 168.27 --
cdk;k _.k Loan Outstanding -- 85.97
,lksfl,V~l Associates
bafM;u iksVk'k fyfeVsM izkI; jkf'k Indian Potash Limited Amount Receivable -- 4.15
ns; jkf'k Amount Payable -- 0.13
dPps eky dh [kjhn Purchase of Raw Materials 912.33 1,126.57
rS;kj eky dh [kjhn Purchase of Finished Goods -- 0.04
dksvkijsfVo :jy ns; jkf'k Cooperative Rural Amount Payable 3.40 0.02
MsoyiesVa VªLV izkI; jkf'k Development Trust Amount Receivable 6.76 5.45
LFkkbZ ifjlaifÙk;ksa dk varj.k Transfer of Fixed Assets -- 8.08
fdlkuksa dks ykHk Benefit to Farmers 0.10 0.10
bQdks fdlku lsok VªLV izkI; jkf'k IFFCO Kisan Sewa Trust Amount Receivable 0.61 1.69
fdlku lsok QaM dks va'knku Contribution to Kisan Sewa Fund 0.26 0.27
bQdks QkmaM's ku fdlkuksa dks ykHk IFFCO Foundation Benefit to Farmers -- 0.21
mPp izcaèku oxZ Key Management Personnel
izcèa kdh; ifjyfCèk;ka Managerial Remuneration 8.00 8.04
136

28.16 la;qDr m|eksa esa lfefr ds fgrksa dh foÙkh; fjiksfV±x 28.16 Financial Reporting of Interest in Joint Ventures
31-3-2017 ds vuqlkj fuEufyf[kr la;qDr fu;a=.k okyh daifu;ksa esa Investments include R 1,164.63 crore (Previous year R 996.36 crore)
lfefr ds fgr dks n'kkZus okys fuos'k esa R 1]164-63 djksM+ ¼xr o"kZ representing Society's interest in the following jointly controlled
entities as at March 31, 2017.
R 996-36 djksM+½ dh jkf'k 'kkfey gSA
Contribution Country of Percentage
towards Equity Residence holding
(R in Crore) of IFFCO
¼d½ vkseku bafM;k QfVZykbtj daiuh ,l,vkslh ¼vksebQdks½ (a) Oman India Fertiliser Company SAOC (OMIFCO) 329.08 Oman 25.00
¼[k½ baMLVªht f'kfed Mw lsusxy ¼vkbZlh,l½ (b) Industries Chimiques du Senegal (ICS) 62.16 Senegal 6.78
¼x½ tksMZu bafM;k QfVZykbtj dEiuh] ,y,ylh ¼ftQdks½ (c) Jordan India Fertilizer Company LLC (JIFCO) 773.39 Jordan 27.00
Total: 1,164.63
mi;qDZ r daifu;ksa dk ys[kk o"kZ 31 fnlEcj dks lekIr gksrk gSA 31 ekpZ] 2017 The accounting year of the above entities ends on December 31.
ds foÙkh; fooj.k] vksebQdks o ftQdks ds lacaèk esa o"kZ 2016 ds fy, gSa rFkk The financial data as at March 31, 2017 in respect of OMIFCO
and JIFCO is for the year 2016 and in case of ICS is for the year
vkbZlh,l ds ekeys esa o"kZ 2015 ds fy, gSaA lHkh tkudkjh ys[kkijhf{kr [kkrksa 2015. All the information is based on the Audited Accounts.
ij vkèkkfjr gSA The aggregate amount of each of the Assets, Liabilities and Income
la;qDRk :i ls fu;af=r dEifu;ksa esa lfefRk ds fgr ls lacafèkr izR;sd ifjlEifRr] and Expenses related to interest of the Society in the jointly
ns;Rkkvksa] vk; v©j O;; dh dqy jkf'k dk fooj.k fuEu Ádkj gS % controlled entities is as under:
ifjlEifRr;ka ,oa ns;Rkk,a ASSETS & LIABILITIES

31-3-2017 31-3-2016 As at As at
d® d® 31.3.2017 31.3.2016
ns;Rkk,a% Liabilities:
'®;j iwaTkh 1,504 1,308 Share Capital 1,504 1,308
vkjf{kRk ,oa vfËk'®"k 66 115 Reserves and Surplus 66 115
_.k fufËk;ka 697 836 Loan Funds 697 836
oRkZeku ns;Rkk,a ,oa izkoËkku 399 406 Current Liabilities and Provisions 399 406
;®x 2,666 2,665 Total 2,666 2,665
ifjlEifRr;ka% Assets:
fuoy LFkkbZ ifjlEifRr;ka lhMCY;wvkbZih lfgRk 2,338 2,325 Net Fixed Assets including CWIP 2,338 2,325
fuos'k 3 3 Investments 3 3
Current Assets, Loans and Advances 325 337
pkyw ifjlEifRr;ka] _.k o vfxze 325 337
Total 2,666 2,665
;®x 2,666 2,665
vk; o O;; INCOME & EXPENSES

31-3-2017 31-3-2016 Year ended Year ended
vk;% Income:
Ápkyu ls vk; 1,108 1,054 Income from Operations 1,108 1,054
vU; jktLo 18 24 Other Revenue 18 24
dqy 1,126 1,078 Total 1,126 1,078
O;;% Expenses:
Ápkyu O;; 1,008 1,019 Operating Expenses 1,008 1,019
Non Operating Expenses 70 69
xSj izpkyu O;; 70 69
dqy 1,078 1,088 Total 1,078 1,088
dj iwoZ yk“ 48 (10) Profit before Tax 48 (10)

?kVk,a % dj@vkLFkfxr dj ds fy, ÁkoËkku 8 (1) Less: Provision for Tax / Deferred Tax 8 (1)
dj i'pkRk yk“ 40 (9) Profit after Tax 40 (9)
28.17 Earnings per Share

28.17 ÁfRk '®;j vTkZu
Earnings per share has been computed in accordance with
ÁfRk '®;j vTkZ u dk fglkc ys [ kka d u ekud&20 ßÁfRk '®;j vTkZ u ß ds Accounting Standard - 20 "Earnings per Share" by dividing Net
vuq:i dj i'pkr fuoy ykHk d® bl vofËk ds fy, '®;jks a dh HkkfjRk Profit after Tax by the weighted average number of shares
v©lRk la [ ;k ls Hkkx djds fudkyk x;k gS ] Tk® fuEu Ádkj gS % outstanding for the period, as under:
137

dj i'pkr fuoy yk“ ¼r djksM+ esa½ 684.70 705.50 Net Profit after Tax (R in crore) 684.70 705.50
'®;jksa dh “kfjRk v©lRk la[;k 42,08,533 42,43,899 Weighted Average Number of Shares 42,08,533 42,43,899
ÁfRk '®;j u‚feuy ewY; ¼r½ 1,000 1,000 Nominal Value per Share (R) 1,000 1,000
ÁfRk '®;j csfld RkFkk Mk;ywfVM vfu±x ¼ R½ 1,627 1,662 Basic and Diluted Earnings per Share (R) 1,627 1,662
28.18 ÁkoËkku 28.18 Provisions

31-3-2017 Rkd ys [ kkvks a es a n'kkZ , x, fofHké ÁkoËkkuks a dh fLFkfRk The status of various provisions shown in the accounts as on
fuEukuq l kj gS % March 31, 2017 is as under:
1-4-2016 o"kZ ds n©jku mi;ksx dh 31-3-2017 As at Provided Amount As at
d® miyC/k djkbZ x;h jkf'k dks 1.4.2016 during Utilised 31.3.2017
xbZ jkf'k the year
“wfe dk eqvkoTkk 3.40 0.09 -- 3.49 Land Compensation 3.40 0.09 -- 3.49
28.19 ekbØks] y?kq vkSj e/;orhZ miØeksa ds lkFk ysu&nsu 28.19 Transactions with Micro, Small and Medium Enterprises
31.3.2017 31.3.2016 As at As at
d® d® 31.3.2017 31.3.2016
1- ys[kkadu o"kZ dh lekfIr ij fdlh 1. Principal amount due and remaining

vkiwfrZdrkZ dh Hkqxrku ugha dh unpaid to any Supplier as at the end
of Accounting Year. Nil Nil
xbZ cdk;k ewy jkf'k 'kwU; 'kwU;
2- ys[kkadu o"kZ dh lekfIr ij Hkqxrku 2. Interest due on Principal amount
remaining unpaid as at the end of
ugha dh xbZ cdk;k ewy Accounting Year. Nil Nil
jkf'k ij ns; C;kt 'kwU; 'kwU;
3. Amount of Interest along with Principal
3- ewy jkf'k vkSj C;kt dh jkf'k ftldk amount paid to Supplier beyond due
Hkqxrku vkiwfrZdrkZ dks Hkqxrku dh date of payment. Nil Nil
fuèkkZfjr rkjh[k ds ckn fd;k x;k gSA 'kwU; 'kwU;
4. Amount of Interest accrued/due and
4- ys[kkadu o"kZ dh lekfIr ij remaining unpaid at the end of
yxs@ns; C;kt dh jkf'k ftldk Accounting Year. Nil Nil
Hkqxrku djuk 'ks"k gS 'kwU; 'kwU; The above information has been provided to the extent such parties
mi;qZDr lwpuk ,slh ikfVZ;ksa ds lacaèk esa ml gn rd miyCèk djkbZ have been identified on the basis of information available with the
xbZ gS ftudh igpku lfefr ds ikl miyCèk lwpuk ds vkèkkj ij Society.
dh xbZ gSA
28.20 Value of Imports (CIF Basis)
28.20 vk;kRk ewY; ¼ykxRk] chek o “kM+k vkËkkj ij½
(R in Crore)
¼r djksM+ esa½
Year ended Year ended
31-03-2017 31-03-2016 31.3.2017 31.3.2016
dks lekIr o"kZ dks lekIr o"kZ
Raw Materials 7,865.56 9,703.57
dPpk eky 7,865.56 9,703.57
Spare Parts and Catalysts 20.97 16.69
Lis;lZ ikV~lZ RkFkk dSVkfyLV 20.97 16.69
iwaTkhxRk eky 280.27 60.72 Capital Goods 280.27 60.72
VªsfMM mRikn 1,085.26 3,636.20 Traded Products 1,085.26 3,636.20
;ksx 9,252.06 13,417.18 Total 9,252.06 13,417.18
28.21 fons'kh eqæk esa fd;k x;k O;; 28.21 Expenditure in Foreign Currency
dks lekIr o"kZ dks lekIr o"kZ 31.3.2017 31.3.2016
fons'kh vuqca/kksa ij 16.73 24.45 On Overseas Contracts 16.73 24.45

izksQs'kuy dUlYVsalh Qhl 1.48 2.98 Professional, Consultancy Fee 1.48 2.98
;k=k O;; 2.98 5.47 Travelling Expenses 2.98 5.47
ck;lZ@lIyk;lZ ØsfMV ij C;kt 15.29 15.13 Interest on Buyers/Suppliers Credit 15.29 15.13
vU; 56.74 18.57 Others 56.74 18.57
;ksx 93.22 66.60 Total 93.22 66.60
138
28.22 dPps eky dh [kir 28.22 Consumption of Raw Materials

Amount Percentage of Amount Percentage of
(R in crore) consumption (R in crore) consumption
vk;kfrr dPpk eky Imported Raw Material 8,176.06 62.92 10,296.77 61.80
Lons'kh dPpk eky Indigenous Raw Material 4,819.44 37.08 6,365.31 38.20
;ksx Total 12,995.50 100.00 16,662.08 100.00
28.23 fons'kh eqæk dk vTkZu 28.23 Earning in Foreign Currency

rS;kj eky dh fcØh 210.78 397.11 Sale of Finished Goods 210.78 397.11
yk“ka'k vk; 79.38 187.07 Dividend Income 79.38 187.07
vU; 28.62 27.10 Others 28.62 27.10
;ksx 318.78 611.28 Total 318.78 611.28
28.24 ys[kkijh{kdksa dks Hkqxrku 28.24 Payment to Auditors

ys[kkijh{kk 'kqYd ¼fons'kh czkap lfgr½ 0.55 0.49 Audit Fee (including a Foreign Branch) 0.55 0.49
dj ys[kkijh{kk 'kqYd 0.07 0.07 Tax Audit Fee 0.07 0.07
izcèa ku@vU; lsok,a 0.10 0.05 Management / Other Services 0.10 0.05
O;; dh izfriwfrZ 0.28 0.38 Reimbursement of Expenses 0.28 0.38
;ksx 1.00 0.99 Total 1.00 0.99
28.25 VªsfMM mRiknksa dh [kjhn] dPps eky dk fcØh dkjksckj rFkk [kir 28.25 Purchase of Traded Products, Turnover and Consumption of
Raw Materials
i) VªsfMM mRiknksa dh [kjhn i) Purchase of Traded Products

vksebQdks ;wfj;k 747.53 671.62 OMIFCO Urea 747.53 671.62

vk;kfrr ;wfj;k 708.00 1,483.79 Imported Urea 708.00 1,483.79
vk;kfrr Mh,ih 1,121.86 4,089.62 Imported DAP 1,121.86 4,089.62
veksfu;k 131.26 140.25 Ammonia 131.26 140.25
vk;kfrr MCY;w,l,Q 17.17 19.29 Imported Water Soluble Fertiliser 17.17 19.29
cht rFkk jlk;u 27.99 29.03 Seeds and Chemicals 27.99 29.03
vU; 11.11 1.16 Others 11.11 1.16
;ksx 2,764.92 6,434.76 Total 2,764.92 6,434.76
139
ii) dkjksckj ii) Turnover

rS;kj fd;s x;s mRikn% Manufactured Products:
;wfj;k 7463.59 9,071.40 Urea 7463.59 9,071.40
,uihds - 10:26:26 ¼dkaMyk½ 2189.70 2,157.47 NPK - 10:26:26 (Kandla) 2189.70 2,157.47
,uihds - 10:26:26 ¼ikjknhi½ 304.04 136.33 NPK - 10:26:26 (Paradeep) 304.04 136.33
,uihds - 12:32:16 ¼dkaMyk½ 2,201.79 2788.59 NPK - 12:32:16 (Kandla) 2,201.79 2788.59
,uihds - 12:32:16:0.50 ¼dkaMyk½ 251.37 470.84 NPK - 12:32:16:0.50 (Kandla) 251.37 470.84
,uihds - 12:32:16 ¼ikjknhi½ 195.80 82.90 NPK - 12:32:16 (Paradeep) 195.80 82.90
Mh,ih - 18:46:00 ¼dkaMyk½ 2,689.84 2,204.55 DAP - 18:46:00 (Kandla) 2,689.84 2,204.55
Mh,ih - 18:46:00 ¼ikjknhi½ 2,522.47 3,871.25 DAP - 18:46:00 (Paradeep) 2,522.47 3,871.25
,uih - 20:20:00:13 ¼ikjknhi½ 1,308.99 1,514.33 NP - 20:20:00:13 (Paradeep) 1,308.99 1,514.33
ikuh esa ?kqyu'khy moZjd - 17:44:00 7.34 10.99 Water Soluble Fertiliser - 17:44:00 7.34 10.99
ikuh esa ?kqyu'khy moZjd - 18:18:18 13.59 16.23 Water Soluble Fertiliser - 18:18:18 13.59 16.23
ftad lYQsV 47.26 41.25 Zinc Sulphate 47.26 41.25
vU; 1.89 2.47 Others 1.89 2.47
mi&;ksx 19,197.67 22,368.60 Sub-Total 19,197.67 22,368.60
VªsfMM mRikn% Traded Products:
vksebQdks ;wfj;k 700.29 666.12 OMIFCO Urea 700.29 666.12
vk;kfrr ;wfj;k 739.09 1,661.28 Imported Urea 739.09 1,661.28
vk;kfrr Mh,ih 1,222.62 4,545.93 Imported DAP 1,222.62 4,545.93
veksfu;k 210.78 397.11 Ammonia 210.78 397.11
ikuh esa ?kqyu'khy vk;kfrr moZjd 3.56 4.94 Imported Water Soluble Fertiliser 3.56 4.94
lYQj csVa ksukbV 7.29 4.72 Sulphur Bentonite 7.29 4.72
cht rFkk jlk;u 41.75 29.27 Seeds and Chemicals 41.75 29.27
vU; 7.18 7.01 Others 7.18 7.01
mi&;ksx 2,932.56 7,316.38 Sub-Total 2,932.56 7,316.38
dqy ;ksx 22,130.23 29,684.98 Grand Total 22,130.23 29,684.98
iii) dPps eky dh [kir iii) Raw Material Consumption

izkÑfrd xSl&?kjsyw Natural Gas - Domestic
- ,ih,e 166.94 285.60 - APM 166.94 285.60
- vks,uthlh @ xsy 394.51 469.80 - ONGC / GAIL 394.51 469.80
- vkjvkbZ,y 734.76 1,302.01 - RIL 734.76 1,302.01
- ih,eVhth&,ih,e ewY; ij 107.62 132.96 - PMTG - at APM Price 107.62 132.96
- ih,eVhth&cktkj ewY; ij 26.79 35.88 - PMTG - at Market Price 26.79 35.88
vkj,y,uth RLNG
- ukeZy 2,845.29 3,247.18 - Normal 2,845.29 3,247.18
- LikWV 294.60 613.50 - Spot 294.60 613.50
140

uS¶Fkk -- 15.02 Naphtha -- 15.02

QkLQksfjd ,flM 3,752.74 4,298.33 Phosphoric Acid 3,752.74 4,298.33
veksfu;k 1,576.08 2,141.87 Ammonia 1,576.08 2,141.87
E;wjVs vkWQ iksVk'k 922.10 1,199.45 Muriate of Potash 922.10 1,199.45
;wfj;k 81.34 71.40 Urea 81.34 71.40
fQyj 3.35 3.14 Filler 3.35 3.14
jkWd QkLQsV 1,507.15 1,981.91 Rock Phosphate 1,507.15 1,981.91
lYQj 252.16 514.13 Sulphur 252.16 514.13
lY¶;wfjd ,flM 149.19 213.28 Sulphuric Acid 149.19 213.28
lYQsV vkWQ iksVk'k 3.08 7.33 Sulphate of Potash 3.08 7.33
ftad ,'k 36.15 33.03 Zinc Ash 36.15 33.03
ftad vkWDlkbM 16.36 15.82 Zinc Oxide 16.36 15.82
vU; 125.29 80.44 Others 125.29 80.44
;ksx 12,995.50 16,662.08 Total 12,995.50 16,662.08

Finance Director
Place: New Delhi.

Dated: May 3, 2017.
141
tksM+s x, ewY; dk fooj.k Value Added Statement (` in Crore)
Year Ended 31.03.2017 Year Ended 31.03.2016

fcØh dkjksckj Turnover 22,130.23 29,684.98
vU; vk; Other Income 466.87 715.67
22,597.10 30,400.65
?kVk;sa % Less:
lkexzh dh ykxr Cost of Materials 17,098.51 24,977.47
vU; O;; Other Expenses 2,299.82 2,257.14
tksM+k x;k dqy ewY; Total Value Added 3,198.77 3,166.04
O;; dk fooj.k% Applied to meet:
deZpkjh fgr O;; Employee Benefit Expense 988.73 961.56
foÙk ykxr Finance Cost 864.34 906.77
vk; dj (fuoy) Income Tax (Net) 101.69 317.81
ykHkka'k Dividend 84.17 84.86
nku Donation 0.50 0.50
lgdkjh f'k{kk fuf/ Cooperative Education Fund 1.35 4.06
izfr/kfjr udn ykHk Retained Profit 1,157.98 890.48
tksM+s x;s eqY; dk dqy mi;ksx Total Utilisation of Value Added 3,198.77 3,166.04
vuqikr% RATIOS:
dqy vk; esa tksM+k x;k ewY; (izfr'kr) Value added to total income (%) 14.16 10.41
yxh gqbZ iwath esa tksM+k x;k ewY; (izfr'kr) Value added to Capital Employed (%) 15.07 15.78
fuoy laifÙk esa tksM+k x;k ewY; (izfr'kr) Value added to Net Worth (%) 39.45 42.15
izfr deZpkjh tksM+k x;k ewY; (` #i;s) Value added per employee (` Lakh) 60.85 57.37
tksM+k x;k ewY; og laifr gS] ftls dksbZ m|e iwath] izca/u vkSj deZpkfj;ksa ds lkewfgd iz;klksa ls Value Added is the wealth, which an Enterprise has been able to create through the collective
l`ftr djrk gSA vFkZ'kkL=k dh Hkk"kk esa] tksM+k x;k ewY; mlh m|e ds mRiknu ds cktkj ewY; esa ls effort of capital, management and employees. In economic terms, value added is the market
price of the output of an enterprise less the price of the goods and services acquired by
varj.k ls izkIr lkexzh vkSj lsokvksa ds ewY; dks ?kVkdj fudkyk tkrk gSA tksM+k x;k ewY; fdlh daiuh transfer. Value Added can provide a useful measure in gauging performance and activity of
ds dk;Z fu"iknu vkSj xfrfof/;ksa dks ekius dk ,d egRoiw.kZ iSekuk gSA the Enterprise.
Employees
` 989 Crore 31%
Banks & Others

` 864 Crore 27%
Shareholders
` 84 Crore 3%
Retained Profit
` 1158 Crore 36%
Income Tax
` 102 Crore 3%
Others
` 2 Crore
142
mRiknu vkSj fcØh Production and Sales
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
(Budgeted)
mRiknu@Ø; Production / Purchase (Lakh MT)
veksfu;k Ammonia
& dyksy - Kalol 3.88 3.86 3.81 3.77 3.85 3.77 3.66
& iQwyiqj&A - Phulpur - I 3.93 4.04 3.85 3.34 4.32 3.49 4.26
& iQwyiqj&AA - Phulpur - II 6.69 5.62 5.47 5.12 6.06 5.86 5.66
& vkaoyk&A - Aonla - I 6.14 6.34 6.34 6.09 6.52 6.14 5.35
& vkaoyk&AA - Aonla - II 5.78 6.67 6.23 5.93 6.45 5.92 5.44
& vk;kfrr - Imported -- -- 1.30 1.23 1.43 1.44 1.40
;wfj;k Urea
& dyksy - Kalol 6.00 6.00 6.00 5.97 6.01 6.02 5.80
& vkaoyk&A - Aonla - I 10.66 10.92 11.03 10.46 11.33 10.69 9.30
& vk;kfrr @ vksebiQdks - Imported / OMIFCO 24.34 15.91 21.75 35.41 28.73 21.60 27.00
,uihds NPK
& dkaMyk - Kandla 16.18 11.29 11.00 12.96 16.54 16.02 17.18
& ikjknhi - Paradeep 8.46 3.20 6.74 6.43 6.57 7.62 7.90
& vk;kfrr - Imported 6.23 -- 0.03 0.03 0.07 0.03 0.04
Mh,ih DAP
& dkaMyk - Kandla 4.97 7.83 5.17 3.50 6.20 9.18 8.00
& vk;kfrr - Imported 11.44 1.75 1.35 4.44 11.20 4.10 --
lYiQj Sulphur -- -- -- 0.10 -- -- --
fcØh Sales (Lakh MT)
veksfu;k Ammonia
& dyksy @ vkaoyk - Kalol / Aonla -- -- -- -- -- -- --
& vk;kfrr - Imported -- -- 1.30 1.23 1.43 1.44 1.40
;wfj;k Urea
& dyksy - Kalol 5.88 6.13 5.95 5.97 5.93 6.09 5.85
& vkaoyk&A - Aonla - I 10.45 11.06 11.03 10.45 11.02 10.89 9.50
& vk;kfrr @ vksebiQdks - Imported / OMIFCO 23.11 16.83 22.33 30.05 33.10 20.21 27.05
,uihds NPK
& dkaMyk - Kandla 16.07 11.20 10.78 13.14 16.24 15.49 17.85
& vk;kfrr - Imported 5.42 0.79 0.03 0.03 0.04 0.04 0.07
Mh,ih DAP
& dkaMyk - Kandla 4.75 7.89 5.15 3.50 6.01 8.64 8.50
& vk;kfrr - Imported 10.99 2.16 1.34 3.32 12.24 4.07 --
lYiQj Sulphur -- -- -- 0.10 -- -- --
fcØh ewY; Value of Sales (` in Crore)
veksfu;k Ammonia
& dyksy @ vkaoyk - Kalol / Aonla 0.03 0.04 0.07 0.07 0.05 -- --
& vk;kfrr - Imported -- -- 413.88 405.60 397.11 210.78 196.00
;wfj;k Urea
& dyksy - Kalol 313.58 326.71 318.67 320.63 318.68 330.02 313.37
& vkaoyk&A - Aonla - I 531.72 562.91 563.35 539.60 593.46 591.30 508.45
& vk;kfrr @ vksebiQdks - Imported / OMIFCO 1,180.00 863.46 1,150.68 1,552.11 1,734.66 1,102.44 1,464.56
,uihds NPK
& dkaMyk - Kandla 2,127.34 2,249.00 2,179.59 2,719.39 3,402.57 3,027.27 3,513.65
& ikjknhi - Paradeep 832.99 683.99 1,053.93 1,291.64 1,082.73 1,179.58 1,379.93
& vk;kfrr - Imported 813.71 113.36 11.36 12.40 16.61 18.02 31.66
Mh,ih DAP
& dkaMyk - Kandla 702.45 1,701.86 1,104.64 769.71 1,337.76 1,705.16 1,651.69
& ikjknhi - Paradeep 1,415.92 2,545.50 1,613.75 2,649.04 2,384.79 1,619.34 2,046.66
& vk;kfrr - Imported 1,696.65 468.84 285.80 735.70 2,825.24 800.51 --
lYiQj Sulphur -- -- -- 2.13 -- -- --
cht] jlk;u] fctyh Seeds, Chemicals, Power &
63.93 31.77 59.04 28.98 29.27 41.75 53.91
o mi&mRikn Bye-Products
;ksx Total 11,135.17 11,003.58 10,111.86 12,352.67 15,663.87 12,066.16 12,594.72
143
144
29oka tokgjyky usg: Lekjd bQd¨ O;k[;ku nsrs gq, ^bQd¨ lgdkfjrk jRu^ iqjLdkj çkIr djrh gqÃa
lqçfl) çsjd oDrk Jh f'ko [ksM+k lqJh vd¨dyk iätsu ywlh
^bQd¨ lgdkfjrk ca/kq^ iqjLdkj çkIr djrs gq, ^bQd¨ lgdkfjrk laj{kd^ iqjLdkj çkIr djrs gq,
Jh Òwi Çlg jkgM+ Jh Ã-ih- viUuk
Web : www.iffco.coop, www.iffco.in Blog : www.iffcolive.com
Designed by Vermillion and printed at Viba Press Pvt. Ltd.

IFFCO Annual Report 2016-17 Web

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

IFFCO Annual Report 2016-17 Web

Uploaded by

Copyright:

Available Formats

Celebrating Glorious 50 Years

INDIAN FARMERS FERTILISER COOPERATIVE LIMITED

[krs l]s [kfygku l]s eku l]s lEeku ls

IFFCO is the pride of cooperatives that

v/;{k çca/k funs'kd

funs'kd funs'kd funs'kd funs'kd funs'kd funs'kd

funs'kd funs'kd funs'kd funs'kd funs'kd funs'kd

funs'kd eaMy @ Board of Directors

funs'kd funs'kd funs'kd funs'kd funs'kd funs'kd

mn;Hkku flagth tloar esgrk dka fryky ,Q f?k;k

ih jkepUnz jsM~Mh Mh ih ;kno lqjsUnz dqekj tk[kM+ ds Jhfuokl xkSM+k ,u ih iVsy

iwoZ&Ikzca/k funs”kd@Ex-Managing Director

IkkWy iksFksu ,y vkj ryokj MkW - th ,l fo|kFkhZ

,e ,l pgy ,e ,p vo/kkuh Lkh ih ekFkqj ch ,y ukjk;.k

ds ds oekZ fcfjUnj flag eqdqy JhokLro vk'kh"k dqekj ik.Mk

K K Verma Birinder Singh Mukul Srivastava Ashis Kumar Panda

,l vkj dq'kokgk ;ksxs'k u#yk th ds xkSre ds ,u tks'kh

S R Kushwaha Yogesh Narula G K Gautam K N Joshi

ih oh ukjk;.k fczxs - lqjsUnj dqekj ;ksxsUnz dqekj th vkj cjuoky

P V Narayana Brig. Surinder Kumar YOGENDRA KUMAR G R Baranwal

vkj ds JhokLro vkbZ lh >k izoh.k vxzoky Mh th bukenkj

R K Srivastava I C Jha Praveen Agarwal D.G. Inamdar

, ds xqIrk ds ts iVsy ,e ,e vgen udqy ikBd

A K Gupta K J Patel M M Ahmed Nakul Pathak

jkds'k iqjh vjfoUn dqekj ds 'kkUrk dqekj lh ,u 'kkg

Rakesh Puri Arvind Kumar K. Shantha Kumar C. N. Shah

vkj ds tSu , th ekxZcU/kq oh ,e ikoMs th ds xqIrk

R. K Jain A.G. Margabandhu V M Pawde G. K Gupta

dq'ky dqekj flag ftrsUnz dqekj ,l Mh 'kekZ vkj ds pkoyk

Kushal Kumar Singh Jitendra Kumar S D Sharma R K Chawla

ts ih JhokLro ih ,u 'kkg egewn vkye vkj ch fiify;k

J P Srivastava P N Shah Mahmood Alam R.B. Pipalia

, ds xxZ Mh lh ekgs'ojh MkW - ,e txu eksgu jsM~Mh fnokdj feJk

A. K. Garg D C Maheshwari Dr. M Jagan Mohan Reddy Diwakar Misra

ch ds nkl jfo vfXugks=h ih;w"k feJ vks ih nk;ek

B. K Das Ravi Agnihotri Piyush Misra O.P. Dayama

Vkseth dfyaxy oh ,u HkkLdj eqds'k dqyJs"B ,l ,l jkor

Tomgee Kallingal V N Bhaskar Mukesh Kulshrestha S. S Rawat

lqjs'k xks;y ,l ds egkik=k ts oh HkkfV;k lat; dqnsfl;k

Suresh Goyal S.K. Mahapatra J.V. Bhatia Sanjay Kudesia

vkj ds ik.Ms; ;w lh cktis;h lat; xqIrk nsosUnz dqekj

R.K. Pandey U.C. Bajpai Sanjay Gupta Devender Kumar

gjh'k dqekj lq[knso flag jktsUnz [kjkZ

eSllZ v:.k flag ,aM dEiuh eSllZ ,l eku ,aM dEiuh

eSllZ oh ds <haxjk ,aM dEiuh eSllZ ,l ds esgrk ,aM dEiuh

baMlbaM cSad fyfeVsM

bQdks ,lksfl,V~l ,oa lgk;d dEifu;k¡ IFFCO Associates & Subsidiaries

2016-17 2015-16 2014-15 2013-14 2012-13

dkjksckj Turnover 22,597.10 30,400.65 25,379.40 21,382.13 22,210.78

20,387.06 28,196.17 23,271.62 19,598.17 19,825.81

2,210.04 2,204.48 2,107.78 1,783.96 2,384.97

1,016.62 1,019.89 1,039.46 407.78 1,107.43

684.70 705.50 646.87 318.81 728.72

1.35 4.06 6.37 3.19 7.29

598.68 616.08 545.01 228.97 635.77

420.85 424.39 424.98 425.78 425.88

7,686.53 7,087.26 6,471.05 6,084.34 5.855.31

1,500.00 91.81 230.23 267.76 267.94

20,339.82 22,124.76 18,004.50 16,407.08 17,365.45

2,430.50 2,854.63 2,626.38 2,034.46 2,719.96

20,339.82 22,124.76 18,004.50 16,407.08 17,365.45

Significant Financial Indicators

9.50 6.47 8.38 7.85 9.77

4.59 3.44 4.15 1.96 5.11