VISA Steel Limited Annual Report 2010-11

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Annual Report 2010 -11 Resource Integration Having completed full integration on the manufacturing facilities, the focus is now to mine our own iron ore and coal to secure stable raw material supplies and lower costs.
We have a 54 million tonne share of a coal block in Patrapada at Talcher which is under development. We are also on the verge of getting iron ore mines in Orissa and Chhattisgarh. We have completed prospecting work for a Chrome Ore mine and are in the process of developing the same. We are further exploring opportunities to acquire coal mines in Australia and Indonesia. The consolidated affect of mining our own iron ore and coal shall lead to strengthening our operating margins from current levels of 15-20% to 30-35% in the near future. Overview Statutory Reports Financial Statements 02 03
Page 1 and 2: A n n u a l R e p o r t 2 0 1 0 - 1
Page 3: Next Altitude Over the last 6 years
Page 7 and 8: The Kalinganagar facility has an in
Page 9 and 10: The construction work of the ferro
Page 11 and 12: We have successfully completed the
Page 13 and 14: At VISA Steel, we are focusing on b
Page 15 and 16: Vision Emerge as a low cost produce
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Page 19 and 20: Corporate highlights Overview Statu
Page 21 and 22: India is poised to be a dominant pl
Page 23 and 24: The focus is now to backward integr
Page 25 and 26: 6 Shanti Narain, Chairman, Share Tr
Page 27 and 28: Healthcare Healthcare has been iden
Page 29 and 30: Report of the Directors The Company
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Shareholders Information 1. Annual
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Shareholders Information 11. Stock
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Standalone Auditors’ Report to th
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Standalone Profit & Loss Account fo
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Standalone Schedules to the Balance
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Standalone Schedules to the Profit
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Standalone Cash Flow Statement for
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Consolidated Auditors’ Report to
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Consolidated Consolidated Profit &
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Consolidated Schedules to the Conso
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Consolidated Consolidated Cash Flow
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VISA BAO Limited Directors’ Respo
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VISA BAO Limited Auditors’ Report
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VISA BAO Limited 10. According to t
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VISA BAO Limited Profit & Loss Acco
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VISA BAO Limited Schedules to the B
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VISA BAO Limited Schedule to the Pr
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VISA BAO Limited Schedules to the A
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VISA BAO Limited Schedules to the A
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VISA BAO Limited Balance Sheet Abst
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Ghotaringa Minerals Limited Directo
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Ghotaringa Minerals Limited Annexur
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Ghotaringa Minerals Limited Profit
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Ghotaringa Minerals Limited Balance
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Corporate Information Board of Dire
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VISA Steel Limited Annual Report 2010-11

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