Company: Micro Inks Ltd
Income 2005-2006 = Rs 850 Cr (rounded off)
Net profit after tax (05-06) = Rs 100 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities: The Bilakhia Group, since inception, has focused on fulfilling its obligations to society. As a responsible citizen, efforts have been made to improve the standard of living in and around Vapi, and to ensure the upliftment of society at large.
Education :
One of the major factors for success can be attributed to good education. Apart from imparting the skills and knowledge required for the means to sustain, it also effectively cultivates awareness.
With a view to promote awareness for the need of good education, Bilakhia group had taken measures to improve education of Employees children. In order to encourage and motivate the children to aspire higher achievement, Bilag has instituted the following incentive
- Merit Award : Incentive awarded to children of employees for achievement of higher percentage of marks in their studies. During 2003-04, the company distributed cash awards of Rs. 2,27,550 to children of 241 Employees. We are sure that this will encourage the children of the employees to compete well and score better in their studies.
- Education Fees : Distributed to employees for meeting education fees of their children. Since April 1, 2002, a total amount of Rs. 16,84,825 has been distributed as per the details hereunder :
| Year | No. of Employees Benefited | No. of Children | Amount distributed (Rs.) |
| 2001-2002 | 248 | 367 | 3,00,400/- |
| 2002-2003 | 417 | 664 | 7,23,450/- |
| 2003-2004 | 358 | 591 | 6,60,975/- |
C.In addition to the above, since 2001-2002, the company distributed books, pens, pencils, etc worth Rs. 1,41,304 as per the details hereunder :-
| Year | Amount distributed (Rs.) |
| 2001-2002 | 31,128/- |
| 2002-2003 | 77,694/- |
| 2003-2004 | 32,482/- |
| Total till date | 1,41,304/- |
Health care : Realizing the importance of Healthcare, company has initiated Mediclaim facility and covered the employees including their family members.
The below mentioned chart explains the details :
| Year | No. of Employees Benefited | No. of family members covered | Total Premium Paid (Rs) | Total Claims Settled (Rs.) |
| 2001-2002 | 824 | 2384 | 7,82,195/- | 4,24,046/- |
| 2002-2003 | 1459 | 3118 | 16,30,125/- | 8,11,517/- |
| Total till date | 24,12,320/- | 12,35,563/- |
Employee welfare: As a part of development of the employees, the company strongly believed in the importance of providing Employee welfare schemes. The booming population is a cause of primary concern for any developing economy. It has been a fact that many development plans has been rendered by ever increasing population. Acknowledging the fact and with a view to contribute its share towards controlling population, the company had initiated family planning among its employees
| Year | Name of Scheme | No. of Employees Benefited | Amount spent by company (Rs.) |
| 2000-2001 | Family planning
aid & Cu-T |
20 | 81,800/- |
| 2001-2002 | 56 | 1,73,900/- | |
| 2002-2003 | 57 | 2,49,250/- | |
| 2003-2004 | 58 | 2,27,550/- | |
| Total amount spent till date | 7,32,500/- |
ADHOC Help : It has been the culture of the company that each employee has been treated as part of its family. The Group considers looking after welfare of its employees as its responsibility and extends helps to the employees in times of need. Towards this objective, the company extends help by settling medical expenses and also distributes money to employees’ family in the event of death of an employee
| Year | No. of Employees benefited | Amount distributed (Rs.) |
| 2000-2001 | 4 | 2,55,000/- |
| 2001-2002 | 1 | 50,000/. |
| 2002-2003 | 5 | 1,43,000/- |
| 2003-2004 | 6 | 58,000/- |
| Total amount distributed till date | 16 | 5,06,000/- |
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Micro Inks Ltd
Bilakhia House, Muktanand Marg,
Chala, Vapi-396191. Gujarat
Tel : + 91-260-2462811, 2460284
Fax : + 91-260-2463733
Email : info@microinks.com
Web address : http://www.microinks.com/