International Combustion (India) Ltd

International Combustion (India) Ltd (505737)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-10.83 %
3 Month Return-19.22 %
1 Year Return54.9 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 65
Rank 70
Rank 11
Dividend Yield
Rank 45
Rank 118
Price To Book Ratio
Debt To Asset
Rank 44

Company Information

International Combustion India Ltd promoted by International Combustion Holding ICHL UK which was taken over by Northern Engineering Industries was incorporated as a private limited company. It was a 100 subsidiary of ICHL till 1974 when it became public thereby reducing the foreign shareholding to 60. It then acquired its present name. The foreign holding was further diluted to 39.12 in 1978.Acting initially as agents for ICHLs products boilers and mineral beneficiation equipment ICPL set up a plant in 1963 to manufacture capital equipment like grinding mills mechanical vibrators smallsize feeders pulverisers and pumps etc for the mineral beneficiation industry and core sector industries like thermal power plants steel plants fertiliser plants etc. ICIL took up the manufacture of iron castings in 1975 as a backward integration measure and later diversified into polyurethane and rubber screen decks and liners. The product range was further widened to include industrial gear boxes and geared motors which are being manufactured in technical collaboration with Eberhard Bauer Germany. Other technical collaborators of the company are Carl Schenck Germany Tredomen Engineering UK ABB Raymond US etc. A new licence agreement with Mogensen Germany has been finalised to manufacture flipflop screens which are highly specialised equipments used for grinding limestone lignite etc. In 200001 the company has formed a licence agreement for manufacture of Omni Screens with technology from IMS Engineering Pty Ltd. South Africa.In 199596 the company entered into a new licence agreement with Bauer Germany for extending the range of gear boxes and geared motors. It also finalised an agreement with Uniroyal Chemical US for jointly developing various specialised polyurethane products. In 199697 girdle pocket elevator was installed with a capacity of 20 numbers. The operations at ICLs Santhoshpur unit supplying grey iron castings to other units has been suspended with effect from 14th April 1999 as it has become unviable due to declining demand. The companys bauer division has been certified survelliance audit ISO 9002 by IRQS of Holland. The company entered into a new collaboration agreement with Gummi Kupper GmBH CoGermany for manufacture of Clampon Modular Screen Deck System of Rubber Polyurethane.
OrganisationInternational Combustion (India) Ltd
IndustryCapital Goods-Non Electrical Equipment