PROJECT PROFILE

ON
MANUFACTURING AND SALES OF
DOMESTIC LIGHTS WITH LED
TECHNOLOGY

Prepared by

United Electrical Industries Ltd,

Pallimukku, Kollam
(PSU-Industries Department)

CompanyProfile
NameofCompany

: UnitedElectricalIndustriesLtd.

Address

: HeadOfficePallimukku,Kollam,
Kerala,S.India691010.
BranchKuzhalmannom,Palghat

Website

: www.unilecindia.com

Telephone

: (0474)2729241/242/015/473

Fax

: (0474)2727583

Email

: ueikollam@sancharnet.in

YearofRegistration

: 1950

Status

: PublicSectorUndertaking(Govt.
ofKerala)

ManagingDirector

Shareholding
participation

: 99%StateGovernment

AuthorisedCapital

: Rs,400lakhs

Paidupcapital

: Rs.399lakhs

Shri.KShirish

OVERVIEW
United Electrical Industries Ltd., a Kerala Government company, is located in
Kollam city, 70 km north of Trivandrum, the capital of Kerala State in South
India.Thecompanywasincorporatedintheyear1950.Itisthefirstfactoryin
India to manufacture Electricity House Service Energy Meters. The company
hadstarteditsmanufacturingactivityintechnicalcollaborationwiththeworld
renowned meter manufacturer M/s. Aron Meters Ltd., England. The major
shareholderofthecompanyistheGovernmentofKerala.From1998onwards
the company started manufacturing Static Meters using the state art
technology.Sofarthecompanymanufacturedmorethan60lakhsStaticMeters
andhavesuppliedalloverIndia.Theentirerequirementofhouseservicemeters
of the Government owned Kerala State Electricity Board which is the major
power utility service in Kerala is catered by this company based on an MOU
(MemorandumofUnderstanding)signedKeralaStateElectricityBoard.
The company also supplies Multifunction Static Meters with many additional
featurestothestateutilityserviceinAndhraPradeshinIndia.
Thecompany'squalitysystemisISO9001:2000certifiedanditsproductsareISI
markedequivalenttospecificationofIEC.61036(1996).

PerformanceoverLast10Years

PERFOMANCE ANALYSIS OF
UNITED ELECTRICAL INDUSTRIES LTD. (1999-2009)

2001-
2002

2002-
2003

20032004

3884

20042005

20052006

20062007

YEAR

60.76

322.16
708

1006

1231

1837

20002001

237

1999-
2000

497
312

150.91

500

338.78

1500
1000

1502

2000

285

2500

LOSS

2760

25.54

PROFIT

3000
1577

3500

272.09

4000
TURNOVER & PROFIT LOSS (Lakh)

3508

4500

TURNOVER

4260

44.54

20072008-
2008 2009

POSITIONOFMOBILIZATIONANDDEPLOYMENTOFFUNDSRs,000(Ason
31.03.2009)

Rs.000

TotalAssets

345654

FixedAssets

12901

Investments

13

NetcurrentAssets

108139

Misc.expenditure

62.45

TotalLiabilities

345654

Paidupcapital

39903

Revenuesandsurplus

455

SecuredLoans

39657

UnsecuredLoan

59128

Accumulatedloss

13677

Totalturnover

429407

Profit

4454

Statusdues

Nil

Totalexpenditure

421807

Profitaftertax

3779

Dividendrate

Nil

Earningpershare

0.95

Note:Audituptothefinancialyear200910iscompleted.


SALESMADEDURING200809

Rs.inLakhs

Qty.

Rate

Meters

133329

3950.75

MotorcontrolGear

593

85.45

ABS

2243

174.41

Watermeters

1000

4.23

Contractors

30

0.15

Earthpipe

65.27

TurnOverfor200809
Profitfor200809

Rs.4206Lakhs
Rs.37.79Lakhs

PRODUCT RANGE
1.

Single Phase AC Static Watt hour Meter

2.

Single Phase Multifunction Static Watt Hour Meter

3.

Poly Phase AC Static Watt hour Meter

4.

Single Phase High Quality AC induction Watt hour Meter

5.

Oil Immersed Motor Starters

a) Star- Delta Starter type NSD 10 HP to 250 HP
b) Auto Transformer Starter type ATS 10 HP to 250 HP
c) Stator-Rotor Starter type OSR 10 HP to 250 HP
d) Panel type Fully Automatic Air Break Starters

6.

Street Light Contactors 32 Amps

7.

11KV A.B Switches

8.

Water Meters

9.

Street Light Fittings for CFL & Tube Lights

PROJECT PROFILE ON DOMESTIC LIGHTS USING LED

TECHNOLOGY

INTRODUCTION
The key strength of LED lighting is reduced power consumption. LEDs are
available with at the most Lumen efficiency of 110 Lum/Watt compared to
65-80 Lum/Watt of CFL and FTL, 45 Lum/Watt of Mercury vapour and 75
Lum/Watt of metal halide or 94 Lum/Watt of Sodium Vapour.
The operational life of current white LED lamps is 50,000-80,000 burning
hours as compared to 5000-10000hrs of CFL and FLT, 18000 hrs of T5 lamp,
5000 hrs of Mercury vapour, 8000 hrs of Metal halide and 8000 hrs HPSV
lamp.
No cost of replacement of LEDs as compared to other lamps which require
frequent replacement.
Maintenance - No maintenance required as compared to other lamps which
have starter igniters and capacitors which are repair bound.
LEDs are available in wide range of colors from 2700K to 6500K which are
dark, yellow, mild yellow and ultra white.
LEDs are dimmable. Hence any reasonable fluctuation in input voltage will
not affect life of LED as it happens with all other lamps.
LEDs produce no UV radiation.
LEDs being no-filament lamp, shock and vibration does not affect its life as it
happens with all other lamps.
Comparison of three Common forms of light
BULB

CFL

LED

WATTAGE

40

13

LUMENS

550

550

400

EFFICACY (LM/W)

14

61

57

LIFE (Hours)

5000

8000-10000

100000

MARKET

Total electricity and maintenance cost during life time of LED bulbs is
around 1/10th of that of normal bulbs. LED Home Lights can be designed to
consume about 0.6 Watt and are nearly equal in luminance to a 25 watt
incandescent light bulb or an 11 Watt CFL lamp- with about 90% saving of
energy.
LED Street light with solar panel is the best solution for minimizing electrical
power consumption from hydroelectric power stations so far available. Huge
amount of power can be spared from the hydroelectric plant in this manner
and also this combination is the most energy efficient and green lighting
solution available today.
With so many advantages and potential applications, LED is sure to succeed
in large markets such as India- provided the price factor is addressed. The
overall Indian LED lighting market is expected to reach $399.2 million by
2015 from $49.6 million in 2009 at an estimated compounded annual growth
rate of 41.5 percent till 2014.

PROJECT PARAMETERS

Capacity of Production: 1,20,000 Numbers per annum

Land
Freehold land covering an area of 6 acres.
Raw material Requirement-

Rs. 250 lakh per month

Power consumption -

Rs. 5 lakh per month

Water

Rs. 0.05 lakh Per month

Plant & Machinery required

Rs. 750 lakh Per month

Manpower Requirement

Rs. 7.5 lakh Per month Per month

COST OF THE PROJECT

(Rs. in lakhs)
Working capital requirement
Plant and machinery

600.00
262.55
862.55

MEANS OF FINANCE
Equity
Loan

86.00
776.55
862.55

Profit before tax

: Rs. 360 lakhs

BEP

: Rs. 750 lakhs

Debt Equity Ratio

: 9:1

Debt service coverage ratio

: 1.11 times

Interest rate of return

: 22%

Sales turnover

: 3000 lakhs

Conclusion:The management

of the company is competent enough

to manage

the unit profitability and successfully. There will be sufficient orders.

Technical

know

how

manufacturing

process,

raw

materials

other

infrastructural facilities etc are already available. All financial statements and
other parameters of the scheme are found satisfactory. The project is
technically feasible and economically viable.

For further details please contact United Electrical Industries Ltd.