Indrayani Biotech Ltd
INDR

Indrayani Biotech Ltd (526445)

₹31.64.98%

Key Stats

₹29.5
Day's Price Range
₹31.6
₹4.75
52-Week Price Range
₹33.45
1 Month Return-1.32 %
3 Month Return18.5 %
1 Year Return447.27 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 10
-338.89
EPS
Rank 9
₹-0.09
BVPS
Rank 24
₹5.76
Dividend Yield
Rank 7
ROE
Rank 11
Price To Book Ratio
5.29
Debt To Asset
Rank 21
0.5

Company Information

Indrayani Biotech came out with a public issue in 1994 to partfinance its project to produce cut flowers strawberries tissue culture plantlets and hybrid vegetable seeds. The company also markets and distributes hybrid vegetable seeds manufactured by Hoechst India. It plans to produce these seeds for Hoechst in due course of time.Technical agreements have been signed with Floral Max Malaysia for rose cultivation and with B L McKenzie and Associates New Zealand for tissue culture. The planting material for strawberries has been acquired from the US. The company has signed a test agreement with the Technology Transfer Offer of the University of California to obtain certified planting material from nurseries in California. IBL started exporting flowers to Holland and Dubai during 199495. Restricted water supply and changes in ecology resulted in a shortfall in achieving its goals.In 199596 the company incurred losses due to reasons beyond the control of the management like insufficient water supply labour problem and substandard infrastructure. To overcome the above problems the company is considering to shift its green houses to alternate locations.
OrganisationIndrayani Biotech Ltd
HeadquartersPune
IndustryHotels & Restaurants