Indsil Hydro Power & Manganese Ltd

Indsil Hydro Power & Manganese Ltd (522165)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-9.02 %
3 Month Return-28.34 %
1 Year Return101.02 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 6
Rank 65
Rank 260
Dividend Yield
Rank 176
Rank 628
Price To Book Ratio
Rank 139
Debt To Asset
Rank 47

Company Information

Incorporated on 31 Aug.90 Indsil Electrosmelts IEL was promoted by S N Vardarajan who has interests in two other companies Coimbatore Steels and Sun Metals and Alloys. Indsil came out with a public issue aggregating Rs 2.85 cr in Jul.93 to set up a Rs 12cr unit to manufacture 7800 tpa of ferro silicon its major product. In addition to ferro silicon Indsil also manufactures aluminium ferro silicon. It has signed MOUs with state electricity boards for establishing 71MW hydel power projects for captive consumption to ensure full power supply. The Kerala government has exempted the Indsil unit from power cuts and electricity duty for 5 years from the date of commercial production.The expansion of capacity by the addition of a 10/15 MVA furnace was completed by Mar.97.During 199697 the civil work of the 21 MW power project at Kuthugal were started and was completed by June99. World Bank thorugh Indian Renewable Energy Development Agency Limited IREDA has sanctioned Rs. 3500 lakhs as term loan towards part funding of this project.During 199899 the company was awarded KSIDCS AWARDS FOR EXCELLENCE99 in recognition for its outstanding performance in terms of employment generation good labour relations contribution to economy and profitability. The first phase of the companys project Hydro Electric Power Plant at Kuthungal Kerala involving one generator having a capacity of 7 MW was commissioned in May2000.The company had successfully commissioned the 21 MW Kuthungal Hydro Electro Power Project during the year 20002001 which is the largest private hydel scheme in Kerala.This project had been completed within a period of 28 months.Hydro Electric Power Project was commissioned in May 2000 and the full commercial operation was in August2000.
OrganisationIndsil Hydro Power & Manganese Ltd
IndustryMining & Mineral products