Hytone Texstyles Ltd

Key Stats

₹8.39
Day's Price Range
₹8.39
₹0
52-Week Price Range
₹8.39

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 459
EPS
Rank 464
BVPS
Rank 529
Dividend Yield
Rank 186
ROE
Rank 364
4.66%
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

Incorporated in Jan.89 as a private limited company Hytone Texstyles earlier known as Hytone Synthetics was converted into a public limited company in 1992. It is promoted by Amrut Tilak Shah Kaushik Morarji Chheda Satish Khimji Gala and Praful Keshavji Dedhia.The company manufactures blended and worsted suitings made from polyester blended worsted and filament yarn. It markets its suitings under the Hytone brand name. Initially the company got the suitings made on a jobwork basis from outside. In Feb.93 the company came out with a public issue to set up a plant cap. : 6.94 lac mtr pa in New Bombay Maharashtra to manufacture blended and worsted suitings by installing 12 imported weaving machines. In 1996 for the further expansion of MIDC Solapur project the company has purchased the land of 62725 sq mtr for setting up worsted spinning division and expand its installed capacity. The second phase of which got commissioned during 199697. The company has also installed a processing division of 2000000 mtr.During 199798 the company also proposes to increase its processing capacity by 30 p.a production capacity by 25 p.a by installing new machineries.
OrganisationHytone Texstyles Ltd
HeadquartersNavi Mumbai
IndustryTextiles