Gayatri BioOrganics Ltd

Gayatri BioOrganics Ltd (524564)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-5.63 %
3 Month Return-15.43 %
1 Year Return11.78 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 89
Rank 91
Rank 110
Dividend Yield
Rank 25
Rank 140
Price To Book Ratio
Rank 67
Debt To Asset
Rank 106

Company Information

Incorporated on 2 Dec.91 and promoted jointly by T V Sandeep Reddy and D S P Reddy and associates Gayatri Starchkem Ltd. formerly known as Starchem Industries Ltd. is engaged in the manufacture of sorbitol with an installed capacity of 8550 tpa it has a technical collaboration with Lurgi Oil Gas Chemie Germany for transfer of knowhow to manufacture sorbitol by adopting stateoftheart lowpressure hydrogenation technology. Sorbitol is used in tonic/liquid formulations toothpastes cosmetic products like face creams and lotions in tobacco processing for cigarettes and in the paint leather paper textile and food industries etc. Sorbitol is more immune to bacteriological degradation than sugar and is less vulnerable to mould growths than most other humectants and plasticising materials.The company came out with a public issue in Apr.94 to partfinance a project to manufacture 8550 tpa of sorbitol. To achieve economies of scale in the manufacture of sorbitol reduce raw material cost and improve quality the company has embarked by setting up a starch project as a backward integration project to the existing sorbitol plant with a rated capacity of 150 tpd at a capital cost of Rs 27 cr. The trial production has commenced on June 1998 and commercial production of strach powder was commenced since august 1998 after installation of balance equipments by the end of July 1998.During 199899 the Company has been awarded ISO 9002 Certificate for Sorbitol division. The company is also in process of implementing ISO 9002 standards for Starch division. Due to the high price of Furnace Oil the company is installing coal fired husk based boiler which will be operational by July 2000 end. Since networth has been fully eroded the company has been referred to BIFR and the Board has appointed IDBI as operating agency.
OrganisationGayatri BioOrganics Ltd