Excelsior Shoes Limited

Contact Details:

Registered Office	Factory
Excelsior Shoes Limited 345 Segun Bagicha Dhaka – 1000 Tel : 02- 9337741-43 , 8316481 Fax : 02- 8313692, 8313538 , 8313687	Gilarchala Sreepur Gazipur

At a Glance:

Date of Incorporation	Incorporated as Public Limited Company on 30^th June, 1988
IPO Offering Year	Issued public portion of shares in 1997
Date of Listing in CSE	3^rd February 1997
Nature of Business	Manufactured 100% export oriented Footwear
Accounting Year	Financial year ended 3o^th September 2006
Date of Last AGM	The last AGM was held on 30^th March’09
Date of Delisting by CSE	The company has been delisted by Chittagong Stock Exchange Limited with the effect from 13^th June 2004 for non-payment of Dividend for last five years and non-payment of listing fees from 1999.

Market Information:

Market Lot	50
Face Value	Tk 100
Close Price at the time of Delisting	12.75

Board of Directors:

Mr. M. A. Kalam	Managing Director
Mr. Ruhul Ameen	Deputy Managing Director
Mr. K. H. Reza	Director
Mr. Md. Zahir Uddin Tarik	Director
Mr. Nurul Haque	Nominated Director

Operational Status:

According to Directors report to the Shareholders for the year ended 30^th September, 2006-contonuous price increase of raw materials in the international market and shortage of working capital i.e. severe liquidity caused major production losses to the company. In the prescribed year five factories was closed.

Key Financial and Operating Indicators:

Particulars	30-09-2006	30-09-2005
Authorized Capital 10,000,000 shares @ tk 100 each	1,000,000,000	1,000,000,000
Paid-up-Capital 3,000,000 shares @ tk 100 each	300,000,000	300,000,000
Net Worth	3,920,548	11,697,351
Working Capital	152,122,585	157,824,949
Debt to Equity (times)	4.16	1.14
NAV per Share	1.31	3.90
Turnover	287,212,127	287,830,304
Gross Profit	34,826,190	8,356,710
Net Profit/ (Loss) after Tax	(7,776,803)	(17,387,555)
Earning per Share	(2.59)	(5.80)
Dividend	Nil	Nil
Net operating Cash Flow per share	1.65	1.01

Share Holding Composition:

Holding	No. of Shareholders	No. of Share hold	%
Less than & equal 50	19,840	584,097	19.47
51 to 500	4,155	691,676	23.05
501 to 1,000	343	267,578	8.92
1,001 to 25,000	261	886,109	29.54
25,001 to 50,000	5	176,390	5.88
50,000 to 1,00,000	1	158,800	5.29
Over 1,00,000	1	235,350	7.85

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Source: Annual Report for the year ended 3o^th September 2006