Excel Glasses Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 458
Rank 463
Rank 529
Dividend Yield
Rank 186
Rank 60
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

Excel Glasses EGL was established in Jul.70 as a joint sector unit with the Kerala State Industrial Development Corporation KSIDC and Excel Productions as joint promoters. In Aug.84 the controlling interest was acquired by the Somanis of the Parijat group.EGL manufactures flint glass bottles and containers. The main users are in the food pharmaceutical and alcohol industries Smithkline Beecham Consumer Products Horlicks McDowells Balaji Distilleries Cadbury etc. In Nov.85 the capacity of 12000 tpa was enhanced to 30000 tpa. The factory was upgraded and modernised to international standards. In 1994 it expanded its facilities cost : Rs 22 cr increasing the capacity to 49000 tpa. EGL implemented another expansion plan Rs 38 cr from 70 tpd to 170 tpd which commenced production on Mar.95. With this modernisation and expansion the company is producing bottles of smaller and more flexible sizes where valueaddition and margins are better.A rights issue was made for 5360625 Equity Shares of Rs.10/ each in 200001. The company issued 11 Cumulative Preference Shares of 20500 nos to IFCI during March 2002.
OrganisationExcel Glasses Ltd
IndustryGlass & Glass Products