MPVL Was Established During 1937
MPVL Was Established During 1937
MPVL Was Established During 1937
MPVL is the Manufacturer & supplier of decorative paints, industrial paints, thinners, polishes,
primers, sealing wax.
Specialists in manufacturing & supply of indelible ink (voter's ink) for all the parliamentary, assembly
and local bodies elections in India since 1962.MPVL has been supplying this indelible ink to various
countries like Turkey, Nepal, Papua-new-guinea, Nigeria, South Africa, Ghana, Singapore
etc.MPVL is one of the profit making and dividend declared company in karnataka among public
sector units
At present, the company is manufacturing all kinds of Decorative paints, Industrial paints, Polish and
varnish, such as:
The prominent customers of the company are M/s KAVIKA, KSRTC, MEI, BEML., Madras Port
Trust, other Government Departments, Public sector undertakings as well as some of the private
sector companies like M/s Automotive Axels, RPG Telecom, Sugar Factories in Karnataka.
In addition, the company has been manufacturing and supplying Indelible Ink (Voters Ink) used for
all the General Elections in India from the past five decades. The company also is being exporting
the Indelible Ink to various countries like,
1) Turkey,
2) Nepal,
3) Papua New Guniea,
4) Ghana,
5) Seirra Leone
6) Canada
(7) Mongolia
(8) Burkina Faso
(9) Republic of Benin
(10) Government of Lesotho
(11) Fiji Island
(12) United Kingdom
(13) Afghanistan
(14) Pakisthan
(15) Denmark
(16) Barundi and
other African Countries and company has earned good amount of foreign exchange to our country.
BUDGET OF MPVL:
The company used to operate as per the Budget approved by the Board.
The company has provided many safety measures for their employees. It has provided hand gloves,
helmets, spectles, anti-fire and anti-heat gowns to its employees, so that they are not exposed to
work related health hazards.
INDELIBLE INK:
MPVL is the only paint manufacturing unit in public sector and thus it has a large market available in
the Government establishments . The main customer for the indelible ink is Election Commission of
India and some other foreign countries like Nepal, Combodia, Turkey , South Africa, Nigeria etc.,
Ours is Government company having exclusive licence to manufacture and supply `Voters
Ink' called `Indelible Ink ' eversince 1962.
We have been authorized by the Election Commission of India to supply the Ink to all the
Parliamentary, Assembly and Civic Bodies Polls in India.
Eversince India gained independence during 1947, nearly 13 General Elections held in
India which is largest democratic country in the world. Our Ink has tested nearly 6000
million voters (Six thousand million voters) over the six decades.
Apart from domestic trade, our Ink has also tried and used successfully on more than 400
million (Four hundred million) persons over 60 years of proven performance, (ie., overseas
Market)
We have been exporting this Ink to Ghana-Turkey, Papua-New-Guinea, Fiji Island,
Malaysia, Singapore, Nepal, Nigeria, South AFrica, Canada, Cambodia, Mangolia, Burkina
Faso, Afghanistan, Pakistan, Togo, Benin, Lesotho, everesince 1978.
As you aware, our Ink is the first choice for Election purpose in order to ensure that a
person can exercise his/her right to vote in an election and to prevent the
fraudulent/multiple voting by the same person or persons.
PACKING DETAILS METHOD OF APPLICATION
Sl.
No.
1) 5 ml Ink filled in 10 ml capacity HDPE Through application rod supplied along with each
bottle bottle
2) 7.5 ml Ink filled in 10 ml capacity HDPE Through application rod supplied along with each
bottle bottle
3) 20/25 ml Ink filled in 30 ml capacity Application through nozzle
HDPE bottle
4) 60/80 ml Ink filled in 100 ml capacity (a)Through brush applicator supplied along with
HDPE bottle each bottle OR
(b)dip the first cut of the finger (with sponge
inserted)
5) Any other packings as per the customer's specification.
BOARD OF DIRECTORS
Shri. M.V.Ravi Shankar,
Chairman,
Mysore Paints and Varnish Ltd.,
New Bannimantap Extension,
Mysore – 570 015
Shri. K.J.Suresh,
Managing Director,
Mysore Paints and Varnish Ltd.,
New Bannimantap Extension,
Mysore – 570 015
Shri. M.S.Ganapathi
Deputy Secretary to Government,
C&I Department,
Vikas Soudha
BANGALORE – 560 001
Shri. D.P.Murudi,
Secretary ( FR & BCC)
Finance Department,
Vidhana Soudha,
BANGALORE – 560 001
Shri.M.A.Hussain,
Deputy Director to Government,
Department of Public Enterprises,
M.S.Building,
BANGALORE
Shri M.Shivshankar,
Joint Director,
District Industries Centre,
MYSORE.
1. Modernization at plant level in phased manner through automation is being taken as a first
step in order to increase the production out-put in shortest duration, a machine called
ATTRITOR has been installed at the coast of Rs. 2.00 lakhs and being put to use. This
Machine was inaugurated by Hon'ble Minister Sr. R.V. Desponde, Large & Medium Scale
Industries, Government of Karnataka in the month of June 2002.
3. The Company has appointed a Paint Technologist on contract basis to ensure quality of
products.
4. Broadcasting the marketing network to neighboring states. The company is exploring all
possibility of exporting the product to other countries more and more....
5. In the month of August 2002 the company employees has installed Sr. Nalwadi Krishna
Raja Wadeyar Statue in a factor premises in due respect to founder of the company. Entire
expenditure will be met out of contributions from all the Employees.
6. The Company Sales Show Room which are situated in Bangalore and Mysore are
renovated and modernized for improving the sales.
7. The company has proposed to extend its market network throughout State and to the
neighboring states also.
4. Production details.
5. Marketing Details.
SPECIAL ISSUES:
1. The company needs 25.00 lakhs funds from the Government for the purpose of publicity and
propaganda.
Before the production starts, the raw material purchased will be tested by the company in their own lab for quality
certification. After testing, the raw-materials will be sent to the raw material stores and then to production unit. The raw
material is issued in FIFO method (First In First Out) and the finished goods will be issued in LIFO method (Last In Firs
The production is carried on in varnish unit, paint unit, powder distemper unit; oil bound distemper unit, sealing wax un
ink unit. The production of the products depends on the demand from the buyers. Basically the demand is from the ind
side.
In 1971, the company extended a joint venture agreement with AIK, as vast German company. This German Compan
provided technical assistance in manufacturing of sophisticated insulating varnishes which are used in the manufactur
electronic equipment and machinery sales as generation transformer etc. But, the demand for the above products has
considerably declined in recent days
.
RESEARCH AND DEVELOPMENT
The company is well equipped with R&D Development facilities. Though no new equipments were added during the pr
financial year, every effort was made to improve the quality of the products manufactured.
BUDGET OF MPVL
The various budget prepared by the company are sales budget which is budgeted to Rs. 600 lakhs including indelible
Rs. 300 lakhs. The company has overdraft facilities upto Rs. 60 lakhs in State Bank of Mysore. Purchase budget is 60
sales i.e., Rs. 360 lakhs.
The company has taken many safety measures for its employees. It has provided hand gloves, helmets, spectacles, a
and anti-heat gowns to its employees, so that they are not exposed to work related health hazards.
TARGET
PRODUCT FOR ACHIEVEMEN TOTAL
PROFIT EARNED DIVIDEND DECLARED
YEAR S THE T SALES
YEAR
2001-02 Paint Rs.300 Rs.320.38
Ind.Ink Rs.400 Rs.285.48 Rs.605.86 Rs.48.74
TARGET
TOTAL PROFIT
YEAR PRODUCTS FOR THE ACHIEVEMENT
SALES EARNED
YEAR
2001-02 Paint Rs.300 Rs.320.38
Ind.Ink Rs.400 Rs.285.48 Rs.605.86 Rs.48.74
PRODUCTIOIN DETAIL:
The details production statement of the company products are shown in Annexure - II.
MARKETING DETAILS:
ANNEXURE - III
The company has got wide network of Marketing Department having qualified professionals. We have one Marketi
Manager based at Head Office, Mysore, and two Dy. Marketing Managers, one Sales Executive and Four Sales
Representatives based at Mysore, Bangalore, Hubli and Shimoga.
The company is planning to open new Sales Depots at Mangalore, Hubli, Gulbarga, Hassan and Davanagere.
With the co-operation and efforts of all the employees of the company. The company was able to obtain ISO 9001/200
Certification in the month of July 2002. Accredited by "UKAS" England
PERFORMANCE :
The following table indicates the performance of the company for the last 3 years. The company is making profit and p
dividend continuously.
Product In Target
Year Sales Total Profit
Mt. Fixed
Paint Ink
2004-05 627.801 750 354.65 590.02 944.67 147.11
2005-06 533.887 800 355.36 896.31 1251.67 243.35
2006-07 467.277 800 364.12 941.55 1305.67 183.79
2008-09 491.210 850 393.95 501.10 895.05 141.83
FINANCIAL POSITION :
The table below shows the financial position of the company for the last three years.
Particulars 2004-05 2005-06 2006-07
Sl. No.
01 Paid Up Capital 103.65 103.65 103.65
02 Reserve's & Surplus 784.01 918.73 994.84
03 Current Liabilities 81.97 112.99 112.99
04 Fixed Assets (Net Block) 21.00 16.63 14.76
05 Current Assets, Loan's & 1102.30 1574.23 1443.97
Advance
06 Capital Employed 910.62 1172.65 1067.75
07 Net Worth 887.66 988.69 1067.31
The Company at present is doing well and all steps are being taken to improve the activities of the company in all resp
Production Sales
Year
2004-2005 627.801MT Rs. 944.67 Lakhs
2005-2006 533.887MT Rs.1251.67Lakhs
2002-2003 736 MT Rs.1305.67 Lakhs
2003-2004 683 MT Rs. 895.05 Lakhs
ACHEIVEMENTS
From the past four decades, MPVL is supplying indelible ink to all over India.
Supply of paints to KSRTC buses from the past three decades.
From the past nine years, MPVL is showing continuous profit.
MPVL has supplied road marking paints to most of the cities in Karnataka.
MPVL is one of the continuously Dividend paying company in PSUs of Karnataka dividend paid
company in Public Sector.
1. Modernization at plant level in phased manner through automation is being taken as a first step in order to
increase the production out-put in shortest duration, a machine called ATTRITOR has been installed at the
cost of Rs. 2.00 lakhs and being put to use. This Machine was inaugurated by Hon'ble Minister Sri. R.V.
Desponde, Large & Medium Scale Industries, Government of Karnataka in the month of June 2002.
2. The Company has obtained ISO-9001/2000 Certification in the month of July 2002.
3. The Company has appointed a Paint Technologist on contract basis to ensure quality of products.
4. The company is exploring all possibility of exporting the product to other countries more and more.
5. The Company Sales Show Room which are situated in Bangalore and Mysore are renovated and moderni
for improving the sales.
6. The company has proposed to extend its market network throughout State and to the neighboring states a
MANAGING DIRECT
9. ervice.
MPVL is the only paint maufacturing unit in public sector and thus it has a large market available in the Government
establishments. The main customer for the indelible ink is Election Commission of India and some othe foreign countr
like Nepal, Combodia, Turkey, South Africa, Nigeria etc.
Its highly satisfied customers in India iclude the Government establishments as well as Public Sector establishments.
are as follows
B. Government of Karnataka undertaking:
1. NGEF
2. KAVIKA (Karnataka Vidyuth Karkane Nigamitha)
3. KSRTC (Karnataka Road Transport Corporation)
4. KMF (Karnataka Milf Federation))
5. KSIC (Karnataka Silk Industries Corporation)
6. KPTCL (Karnataka Power Transmission Corporation Ltd.)
7. KPCL (Karnataka Power Corporation Ltd.)
8. PWD (Public Works Department)
C. Private undertaking:
Nepal
Cambodia
Turkey
Canada
South Africa
Nigeria
Ghana and others
P.U Paints possess a combination of properties that are not attainable with any other coating sys
In addition to the low temperature cure feature, there are three additional properties worth noting
PROPERTIES
SURFACE PREPARATION
The surface to be painted should be clean , dry and free from dirt and grease. Remove all powde
and flaking paint.Rub down old painted surface before applying the 2 K.P.U. System.
COLOUR RANGE
METHOD OF APPLICATION
By brush, spray. For spray application the conistency should be suitably adjusted with the use of
K.P.U thinner
DRYING
MIXING RATIO
Component A: Component B :: 4:1 (Base) (Harder)(Volume Basis)
POT LIFE
THINNER
APPLICATION AREAS
Transportation sector: Bus, Truck, Railway coaches, ship containers, Three and Two
wheelers, cars, etc.
Plastic components
Wood and wooden materials
Floor coating
For refinish coatings of automobiles
For corrosion protection of metals
Finishing of foiland paper
NOMENCLATURE