Dunlop India Ltd

Key Stats

₹10.11
Day's Price Range
₹11.17
₹0
52-Week Price Range
₹11.17

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 7
EPS
Rank 7
BVPS
Rank 7
₹-1.23
Dividend Yield
Rank 6
ROE
Rank 8
Price To Book Ratio
Rank 5
-8.47
Debt To Asset
Rank 7
0.35

Company Information

Dunlop Indiaa Manu Chabria Group company incorporated in 1926 manufactures Tyres Tubes Flaps Fan Vee Belts Brake Hose Textile Steelcord Belting Transmission belting PVC Belting Metalastik Repair Material Dunloflex Hose etc. It is the only manufacturer of air tyres in India. The Company has the techical collaboration with Sumitomo Rubber Japan Dunlop Ltd UK BTR Belting UK Mitsuboshi Belting Japan. In 1994 it exported for the first time aero tyres to the US and has received orders for steel cord belting to Australia. In 1994 the company launched two new brands Glider a textilebelted car radial tyre and Mahaan a heavier rearwheel tractor tyre. The modernisation of its Ambattur and Sahaganj plants include refurbishment of equipment and capacity upgradation to 100 and also setting up a steel belted radial tyre facility at Ambattur and major additions industrial products at Sahaganj. For the above purpose the company came with a rights issue to the extent of Rs.319 crores PCDs with warrants.To tap the Steel Radial Tyre market the company embarked upon several projects. For this it had JV with GIIC for steel radial tyre project at Savli Industrial Estate near Baroda. The total capacity will be of 2.5 million steel radial tyre p.a in Car tyresTruck Tyres and LCVs. It has also enhanced the capacities at Sahaganj plant.The company holds proud by setting up one of the largest integrated Hose manufacturing facilities in Asia at MysoreKarnataka with the state of art equipment sourced from Germany and UK. The production of one million pieces of Poly V Belts p.a at Mysore plant commenced on September1997. During 1996 Dunlop was certified ISO9001. The Board of Directors has approved the conversion of Rs.26 crores into 26000000 equity shares of Rs.10 each at par to M/s Gordon Woodroofe LimitedAssociates of the promoters in compliance to AAIFR. Subsequently the Equity Capital increased to Rs.44.99 crores and Dunlop india became susbsidiary of M/s Gordon Woodroofe Limited which currently holds 57.79 of the total paid up capital of Dunlop India Ltd.
OrganisationDunlop India Ltd
HeadquartersKolkata
IndustryTyres