HG Industries Ltd

HG Industries Ltd (HIMGRANITE)


Key Stats

Day's Price Range
52-Week Price Range
1 Year Return255.19 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 293
Rank 297
Rank 316
Dividend Yield
Rank 177
Rank 445
Price To Book Ratio
Rank 257
Debt To Asset
Rank 316

Company Information

Incorported as a private limited Himalaya Granites HGL was promoted by M P Valusami M Vijan M P Balkrishna S Susindran and R Gunasekaran to set up a 100 exportoriented granite processing unit. However the unit was sold to S P Mittal and R Mittal of the Greenply group in 1991. Commercial production of monuments tombstones and memorials started form Aug.91. HGL was then converted into a public limited company and given its present name in 1994.The company tapped the capital market in Dec.94 to fund the expansion of its existing unit and to implement a backward integration project to acquire and develop granite quarries and to procure quarrying and material handling equipment.Its products are exported to the UK the US Germany Japan Canada Ireland etc. HGL is the winner of the CAPEXIL Certificate of Merit for two successive years 199293 and 199394. The company has also started exports of rough granite blocks from its own quarries.In 199798 the company increased its installed capacity of Granite Monuments by 14500 Sq Mtrs there by taking the installed capacity to 26500 Sq Mtrs.
OrganisationHG Industries Ltd
IndustryMining & Mineral products