The Board of Directors of The CAMPCO Ltd, with great pleasure extends a hearty welcome to the esteemed Members for the 41st Annual General Meeting. With great privilege, we the Members of the Board, place before you the Annual Administrative Report and the Audited Financial Statements for the year 2014-15.  The Report also highlights the functional activities chalked out for the year 2015-16

With dedicated services to the Grower Fraternity your Cooperative has grown by leaps and bounds earning a record  Net Profit of Rs 49,57,70,581 – after providing for Rs.1,00,35,743 towards Price Fluctuation Fund, and Rs.1,01.01,000 each towards  Members’ Development Fund, Employees’ Retirement Benefits and Welfare Fund and, Rs.1,67,39,900 each towards income accumulation for the year on Members Development Fund and Employees’ Retirement Benefits and Welfare  Fund. This outstanding performance is the outcome of the disciplined financial strategy and business acumen adopted by your Cooperative.

Your Cooperative is offering competitive price for Arecanut and is continuously trying to provide remunerative rate to the Farmers.  The Management has always stayed committed to protect the interest of the Members. This is evident if we see the present market price which has stabilized at a very reasonable level for both White and Red variety.

It is because of untiring efforts made by CAMPCO towards stabilization of areca prices, by taking up the import duty issues with Smt. Nirmala Seetharaman, Hon’ble Minister for Commerce and Industry, Govt. of India, the government has increased minimum tariff price of imported arecanut from Rs.110 to 162 per kg. The prevailing encouraging market for white supari and the stability of the market is after effect of this tariff revision. With this, the import of arecanut at lower price has decreased considerably.

We are trying to maintain good rate for Cocoa Beans.  The rate of Rubber is volatile and hence it is once again reiterated to grow inter plantation crops like Cocoa, Pepper etc.

The Chocolate Division has registered a sale of Rs.7238.19 Lakhs under Finished Segment and Rs.12909.48 Lakhs under Industrial Product and Rs.98.13 Lakhs under Miscellaneous Head.


  • Your Board has recommended Dividend of 15% for the financial year 2014-15.
  • The Cooperative has purchased 45497.41 MT of Arecanut valued at Rs.124178.01 lakhs and sold 47346.43 MT valued at Rs.129277.19 lakhs.
  • The total production of Campco Chocolate Factory (CCF) has touched 13575.25 MT and it has produced 10388.73 MT in its own brand and sold Chocolates worth Rs.20147.67 lakhs (Net) including export of 1155.80 MT valued at Rs.1906.65 lakhs.
  • Net profit of Chocolate Factory stands at Rs.70, 68,982 after adjusting prior period income of Rs.5, 57, 54,019.
  • The quantity of Cocoa Wet beans procured is 5525.86 MT valued at Rs.3198.22 lakhs and Dry Beans purchased is 1457.97 MT valued at Rs.3135.23 lakhs including direct purchase of Dry Beans of  25 MT  valued at Rs.2389.80  lakhs at CCF and a total consumption of dry beans at  factory is 2798.55 MT.
  • During the year, the Co-operative has purchased 1463.09 MT of Rubber valued at Rs.1795.84 lakhs and sold 1500.88 MT to the value Rs.1891.44 lakhs.
  • The Co-operative has supplied 73.86 MT Copper Sulphate to its Members at various branches.
  • The procurement of Rubber is carried on in as many as 19 branches during the year.
  • In our humble contribution to the movement of “GO GREEN”, we continue to produce wind energy through our Wind Mills located at Hoovinahadagali and Chikkodi and the total wheeled power during the year stood at 4035000 units-that met nearly 70% of our total energy requirement.
  • As approved in the previous General Body, we have extended financial assistance for the treatment of Open Heart Surgery to 13 members and Subsidy for undergoing Dialysis treatment to 12 members as a part of our social responsibility.
  • We have organized HRD Training programmes for top executives at Pilikula Nisargadhama Resort for 2 days on the subject-“Executive effectiveness” covering the topics like Personal wellness and development,personal grooming and etiquette for professional delivery, Engaging leadership for high performance and managing business complexity. A symposium on Financial Management was conducted by our Chartered Accountant, Sri Chandrakantha Rao at H O for the benefits of Top Management Officers.
  • In order to introduce and exhibit new and effective machineries and innovations to the farmers in one common platform, another Krishi Yantra Mela was organized in a big way for three days from 24th to 26th January 2015 at Vivekananda College of Engineering and Technology, Puttur, in association with the Arecanut Research and Development Foundation® and Vivekananda College of Engineering and Technology, Puttur This mela was designed to give maximum interaction between  Scientists, Farmers, Innovators, and Manufacturers by way of discussions, exhibitions and demonstrations. Various seminars were held on the subjects like Solar Energy, management of wild life menace in Agriculture Farms and other related subjects which were found very useful and informative to our members.

This Yantra Mela was a good opportunity for different Companies, Innovators,   and Manufacturers of Agriculture related Machineries from all over India and abroad to exhibit their products and impress upon our farmers to purchase and utilize them in their farm and post harvest operations. More than 260 Stalls exhibiting different kinds of Agricultural Machineries and allied equipments were arranged in this Mela. Several of them took part in the live demonstrations organized on all three days.  Nearly three lakh farmers and other dignitaries from different states attended the Fair.


Arecanut Unit

Campco Purchase

Campco Sales

Chocolate Manufacturing Unit

chocolate Production

product Sales

Cocoa Division

cocoa wet beans

cocoa dry beans

Rubber Division

Rubber Purchase

rubber Sales



The Paid up Share Capital of the Cooperative stood at Rs.3771.48 lakhs as on 31st March, 2015. We request all our Members to take additional shares and consolidate all their Shares to strengthen the Cooperative.

We also request our Members to invest surplus funds in the Cooperative as we are offering attractive rate of interest for Fixed Deposits.


As you are aware that we are having 3 Wind Mills which are functioning efficiently and the power generated by these Wind Mills are as follows:

LOCATION OF THE UNIT-1.Suzlon India Ltd, Haltimalpur, Hoovinhadagally, Bellary Dist.

Installed capacity: 1.25 M.W.x 1 unit

  1. Gamesa Wind Turbines Pvt.Ltd, Nej Village,Chikkodi Tq

Installed capacity: 0.85 MW x 2 units





Power wheeled :- Units
Suzlon-H.Hadagali 18,75,000 17,70,000
Gamesa-Chikkodi 27,30,000 22,65,000
TOTAL UNITS 4605000 4035000

By Generating and wheeling electricity there was a considerable cost reduction compared to electricity supplied by MESCOM.


Our Saga of reaching out to our Members is on and we have conducted Growers Meet at twelve prominent places of Karnataka and Kerala during 2014-15 and during current year grower’s meet were held in 16 places. Apart from timely instructions for release of goods to the market, Member growers were properly educated on market conditions by CAMPCO. We have received an overwhelming response from the grower members and will be continued in the future days.


Reserve Fund and other funds stood at Rs.18854.57 lakhs as on 31.03.2015.


The transactions of the Cooperative have been reviewed periodically.  During the year 2014-15, 5 Business Committee Meetings, 8 Executive Committee Meetings and 8 Board Meetings were held.


The Board of Directors would like to place on record their gratitude for the immense support extended by the Government of India, Government of Karnataka and Government of Kerala, for supporting CAMPCO in all their endeavors. The Board of Directors is also grateful to Smt.Nirmala Seetharaman, Hon’ble Minister for Commerce and Industry, Govt. of India for increasing minimum tariff price for imported arecanut.

The Board of Directors is grateful to the Consortium of Bankers viz., Syndicate Bank, State Bank of India, Canara Bank, Indian Overseas Bank and HDFC Bank for their cooperation and assistance in providing necessary finance. We are also thankful to NCDC for timely releasing the funds for the construction activities carried out at various places.

The Board of Directors also thanks M/s.Nestle India Ltd., M/s.Watanmal Boolchand & Co. Ltd., M/s.Cadbury India Ltd., M/s KMF, M/s MILMA, M/s Lotte India Ltd, M/s Perfetti Van Melle India Ltd, M/s GCMMF LTD, M/s GSK LTD, M/s Britannia Ltd, M/s ITC Ltd, and   all Chocolate sales Distributors and all Agent Societies and other Member Institutions, Selling Representatives, Auditors and numerous Customers for their continued cooperation.

The Board of Directors takes this opportunity to thank all esteemed Members for their continued support and patronage to this institution.  The Board of Directors desires to place on record their appreciation for the sincere and unstinted cooperation extended by all the Members of Staff.



                                                                                                MANAGING DIRECTOR