Gujarat Raffia Industries Ltd

Gujarat Raffia Industries Ltd (GUJRAFFIA)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return0.31 %
3 Month Return9.43 %
1 Year Return-14.94 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 463
Rank 467
Rank 542
Dividend Yield
Rank 185
Rank 394
Price To Book Ratio
Rank 365
Debt To Asset
Rank 529

Company Information

Gujarat Raffia Industries GRIL promoted by Ashok Chhajer and Pradeep Bhutoria was established in 1984 to manufacture HDPE woven sacks. It is currently manufacturing high quality HDPE woven sacks for the fertiliser cement and chemical industries with its major clients being GNFC Orissa Cement OCL IFFCO KRIBHCO NFL SAIL Cement Corporation of India U P Cement etc.GRIL gets its lamination done on a jobwork basis due to lack of inhouse lamination facilities. It has a production capacity of 792 tpa to manufacture laminated sheets with craft paper as also tarpaulin. The lamination plant went on stream in Mar.93.GRIL carried out an expansioncumdiversification programme in 199293 to increase the capacity of the HDPE woven sacks from 360 tpa to 1008 tpa with a new capacity of 792 tpa to manufacture laminated sheets and tarpaulin cost : Rs 4.16 cr which was partfinanced by an equity issue.The company increased its capacity for tarpaulins by 3177 tpa. It also widen its product range to make PP ropes with an installed capacity of 255 tpa cost : Rs 16.14 cr. To partfinance this project GRIL came out with a public issue of equity shares in Sep.94.The company commenced efforts its production by meeting Overseas customers personally.
OrganisationGujarat Raffia Industries Ltd