Baroda Rayon Corporation Ltd

Key Stats

₹2.6
Day's Price Range
₹2.95
₹0
52-Week Price Range
₹2.95

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 113
EPS
Rank 114
BVPS
Rank 140
Dividend Yield
Rank 42
ROE
Rank 196
Price To Book Ratio
Rank 94
Debt To Asset
Rank 140

Company Information

Incorporated in 1958 and promoted by Sangramsinh Gaekwad formerly the Maharaja of Baroda Baroda Rayon Corporation BRCL is a wellestablished and diversified company engaged in the manufacture of viscose filament rayon yarn sulphuric acid carbon disulphide anhydrous sodium sulphate nylon yarn sold under the brand name Snialon etc.In 1973 Gujarat Polymers was merged with the company and as a result it acquired the nylon yarn plant. A technical collaboration agreement was entered into with Unitika Japan to manufacture nylon tyre cord. In 1981 the company made a beginning in the supply of technical knowhow and basic engineering for setting up plants with a capacity of 13 tpa for carbon bisulphide.During 198889 BRCL increased the nylon tyre cord capacity from 2000 tpa to 4000 tpa. The capacity of polyester filament yarn PFY was expanded from 1777 tpa to 10797 tpa in 199091 in technical collaboration with Samsung Company South Korea.In Apr.95 it expanded the partially oriented yarn POY plant capacity to 15000 tpa. It is implementing a backward integration project of setting up a polycondensation plant to produce polyester chips. It is also putting up a solid waste recovery plant. To finance these projects it came out with a rights issue of Rs 15.87 cr at a premium in Feb.97.
OrganisationBaroda Rayon Corporation Ltd
HeadquartersSurat
IndustryTextiles