Galada Power & Telecommunication Ltd

Galada Power & Telecommunication Ltd (504697)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return61.64 %
1 Year Return48.73 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 299
Rank 303
Rank 326
Dividend Yield
Rank 177
Rank 455
Price To Book Ratio
Rank 262
Debt To Asset
Rank 316

Company Information

Previously known as Galada Continuous Castings Galada Power Telecommunication manufactures a wide range of aluminium / aluminium alloy products allaluminium alloy conductors AAAC speciality wires rolled products castings and alloy ingots.After running into losses in 198182 due to reduction in import duty on aluminium it turned around after the implementation of a BIFRapproved rehabilitation package. AAACs offer several advantages over aluminium conductors steel reinforced the conventionally used medium in power conduction as they reduce transmission losses have longer service life need simple erection and jointing and are theftproof. Recoginising these advantages the Central Electricity Authority and the Rural Electricity Corporation have recommended that SEBs use AAACs in place of aluminium conductors steel reinforced. Galada received a Rs 20cr order to supply AAACs to Power Grid Corporation for a 400V transmission line thereby making a significant entry into the power transmission sector.GPTL expanded the capacity of its AAAC plant. It has also ventured into marketing optical fibres for overhead communication lines and energyefficient hardware fittings. An agreement has been entered into with a UK company to market its products in India. It is also making significant inroads into line contracts and allied activities.The company also commissioned successfully both the 220 KV substations at Yerandahalli and Doddaballapur and is qualified to quote for line contract works upto 220 KV substations on its own.The company has been referred to BIFR due to their accumulated losses and the Board has appointed IDBI as the Operating Agency.
OrganisationGalada Power & Telecommunication Ltd
IndustryNon Ferrous Metals