Celebrity Fashions Ltd

Celebrity Fashions Ltd (CELEBRITY)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-16.97 %
3 Month Return0.35 %
1 Year Return116.27 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 113
Rank 114
Rank 140
Dividend Yield
Rank 42
Rank 196
Price To Book Ratio
Rank 94
Debt To Asset
Rank 140

Company Information

Celebrity Fashions Ltd is one of Indias consummate garment exporters with the capability to manufacturing the largest number of trousers in the country. The company is engaged in manufacture and sale of garments. The company has their own national premier menswear brand Indian Terrain. The company has two subsidiaries namely Indian Terrain Fashions Ltd and Celebrity Clothing Ltd. The company has two divisions namely exports and domestic divisions. Exports division is further subdivided into Tops and Bottoms division. The Domestic division brand Indian Terrain and Bottoms division cater to different markets / products. The companys products include mens or boys shirts womens or girls shirts mens or boys shorts / trousers and womens or girls shorts / trousers.Celebrity Fashions Ltd was incorporated on April 28 1988 as a private limited company with the name Celebrity Fashions Pvt Ltd. The company set up their first manufacturing facility in Mylapore Chennai. During the year 199293 they set up two manufacturing facility at Velachery and Chrompet in Chennai. During the year 199798 the company set up their fourth manufacturing facility at Pallikaranai Chennai.In the year 1998 the company became a deemed public company. In the year 1999 the company reverted back to the status of a private limited company subsequent to the amendment to the Companies Act 1956. During the year 19992000 the company set up their fifth manufacturing facility at Porur Chennai.During the year 200001 the company launched the Indian Terrain Brand and also inaugurated Indian Terrains first showroom at Chennai. They created a Design Studio in the Corporate Office Chennai. The company set up their sixth manufacturing facility at Thiruvencherry Chennai. Also they set up of washing plant at Thiruvencherry Chennai.During the year 200203 the company set up their seventh manufacturing facility at Porur Chennai. During the year 200304 they set up separate warehouses one for trims and packing material and one for fabrics at Narayanapuram Chennai. In the year 2004 Celebrity Designs India Pvt Ltd and Indian Terrain Clothing Pvt Ltd were amalgamated with the company with effect from April 1 2003. The company took over the manufacturing facility of Celebrity Connections a partnership firm with effect from March 31 2004. During the year 200405 the company acquired the manufacturing facilities land and building of Span Eicher Designs Ltd Poonamallee Chennai. During the year 200506 the company commenced construction of 1200 machines trouser an export oriented manufacturing plant with wrinkle free washing plant at the apparel park in SIPCOT Irungattukottai. In July 2006 the plant started trial production. In September 12 2005 the company was converted into a public limited company and the name was changed to Celebrity Fashions Ltd. In January 12 2006 the equity shares of the company were listed on the National Stock Exchange of India Ltd and the Bombay Stock Exchange Ltd. The company entered into a Business Transfer Agreement with Ambattur Clothing Ltd and acquired their MEPZSEZ Bottoms plant with effect from April 1 2006.During the year 200809 the company sold their plant at Irungattukottai Jwala with effect from April 1 2008. Also they reduced their operations base at their MEPZ Chennai Plant by converting the same into single shift of operations from double shift of operations.In September 2009 the company floated two subsidiaries namely Indian Terrain Fashions Ltd and Celebrity Clothing Ltd. The company let out their property at Chrompet to one of the Hospitals from April 1 2010 at a rental income of Rs 1.50 crore per annum. Further the company has proposed to sell/ leaseout another property at Pallikaranai.In September 2010 as per the scheme of arrangement the Indian Terrain division of the company was transferred to Indian Terrain Fashions Ltd on a going concern basis with effct from April 1 2010.
OrganisationCelebrity Fashions Ltd