Fedders Electric & Engineering Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 456
Rank 462
Rank 494
Dividend Yield
Rank 185
Rank 591
Price To Book Ratio
Rank 325
Debt To Asset
Rank 46

Company Information

Fedders Lloyd Corporation incorporated on Jan. 1957 is engaged in the manufacture of Airconditioners and refrigerators. The company markets its refrigerators under the Zenith brand and airconditioners under Lloyd brand.The company came out with a public issue at a premium of Rs 5 in Jun.94 to set up a new project having the latest and modern facilities to manufacture additional 15000 airconditioners 120000 frostfree refrigerators pa.The company has designed and installed the airconditioning system for the outdoor broadcasting vans of Doordarshan refrigerated cabinets for storage of blood for use by the Defence forces and blood banks.The company entered in an MOU with Norwaybased Sorkraft and Canada based S N C Lavalin to jointly develop hydro electric power projects in India. As part of this diversification the company plans to develop 150 MW of power in the next three years. In this regard the company has also shorlisted some location in Himachal Pradesh after extensive feasibility studies.In 199798 the company has embarked upon a new project at dist.Sirmour Himachal Pradesh for maufacture of window air conditioners and rail mounted packaged units for indian railways.During 199899 the company has incorporated a wholly owned subsidiary in Nepal under the name and style of Reliable Manufacturing Pvt Ltd on 17.09.99.The companys unit at Kalkaji New Delhi has received ISO 9002 Certificate from Dutch Council for Accreditation RVA Netherlands in the year 19992000. Companys Kalkaji unit has gone live on BaaN ERP Enterprise Resource Planning which offers an integrated information management system for the whole organisation and is fast becoming a tool for a modern day enterprise.The company shifted its factory from Kalkaji New Delhi to NOIDA UP in compliance to the verdict of the Supremen Court of India Rulling asking the polluting industries to relocate of Industrial Polluting Units.
OrganisationFedders Electric & Engineering Ltd
IndustryConsumer Durables