Futuristic Offshore Services and Chemical Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 92
Rank 93
Rank 102
Dividend Yield
Rank 69
Rank 148
Price To Book Ratio
Rank 84
Debt To Asset
Rank 102

Company Information

Incorporated in May 88 Ganesh Anhydride was promoted by the Ganesh group of industries and manufactures maleic anhydride with an installed capacity of 7000 tpa. Maleic anhydride is mainly used in polyester resins agricultural chemicals food preservatives copolymers plasticisers lubricating oil additives as also in products made of fibreglass reinforced plastics FRP used in various industries including automobiles. The companys stateoftheart plant at Tarapur Maharashtra was set up in technical collaboration with Scientific Design Company US.The company introduced the downstream products of maleic anhydride namely fumaric acid cap. : 3300 tpa tetra hydrophthalic anhydride cap. : 3000 tpa and tetra hydrophthalic imide cap. : 1500 tpa in 1994. It also plans to develop other valueadded downstream products like tartaric acid succinic acid and their derivatives to boost profits.Company has obtained ISO 9002 for its products and has been awarded Certificate of Export House by the Ministry of Commerce Government of India. Company has been able to develop various downstream products of Maleic Anhydride a cyclical Commodity to reduce the dependence on this product company intend to introduce more of its downstream product viz. DiEthyl Maleate DEM Di Butyl Maleate DBM.The company has successfully tested products like DiOctyl Sodium Sulfo SuccinateDiButyl MaleateDiOctyl Maleate.These products have been launched after examining economic viability.The exports made during the year have increased by 55.36 as compared to previous year.During the year 2003 the name of the company has been changed to Futuristic Offshore Services and Chemicals Ltd.
OrganisationFuturistic Offshore Services and Chemical Ltd