Eurotex Industries and Exports Ltd

Eurotex Industries and Exports Ltd (EUROTEXIND)


Key Stats

Day's Price Range
52-Week Price Range
1 Year Return47.58 %

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

Belonging to the Patodia group and promoted by PBM Polytex Eurotex Industries Exports commenced manufacture in 1989. The company manufactures cotton yarn of various counts from 30s to 100s. It diversified into the processing of yarn and manufacture of woven and knitted superfine cotton fabric of international standards for which it came out with a rights issue at a premium in Oct.92.The company a 100 EOU has agency and selling arrangements with various reputed buyers in the UK Switzerland Germany Italy and Japan. It was granted the status of a governmentrecognised Trading House in Apr.95. The company also received the Silver Trophy from the Confederation of Export Units for its outstanding export performance. Eurotex commenced production of phaseI of its expansion project of 14112 spindles at the second new 100 EOU. The entire spinning plant has been imported from Switzerland and will be the first of its kind in India. During 199596 the company has been sanctioned a foreign currency loan of US 6.5 million under ECB Scheme.In the years 199798199899 and 19992000 it was awarded trophies by Cotton Textiles Export Promotion Council Bombay Confederation of Export Units New Delhi Govt. of Maharashtra for excellence in Exports. It has accredited with ISO 9002 and OkoTex Standard 100 certification.To meet the working capital requirements the company had issued 13 Debentures of Rs.500 lacs to UTI Banks in 2001 and the same has been redeemed during the year itself.
OrganisationEurotex Industries and Exports Ltd