Jattashankar Industries Ltd

Jattashankar Industries Ltd (514318)


Key Stats

Day's Price Range
52-Week Price Range
1 Year Return14.55 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 462
Rank 466
Rank 541
Dividend Yield
Rank 185
Rank 472
Price To Book Ratio
Rank 364
Debt To Asset
Rank 528

Company Information

Incorporated as a private limited company in Aug.88 Jatta PolyYarn set up a texturising and twisting plant at Silvassa. Commercial production of twisting machines commenced in Mar.89 and that at the texturising plant commenced in Jun.89. It was promoted by Subhkaran Poddar Jatta Shankar Poddar and Sharad Poddar.In Mar.90 the company implemented an expansion of its twisting capacity by installing 12 additional uptwister twisting machines. It increased its product range to include texturised twisted and bright yarns. The company was converted into a public limited company in Mar.93.The company came out with public issue in Oct.93 to partfinance the setting up of a texturising unit at Silvassa. Commercial production at the new unit commenced in Mar.94. In 199596 the companys gross sales was higher by about 24.22 than the previous years. The company is developing new shades of dyed yarn. During 199697 due to reduction in excise duty company is benefitted and is further supported by increasing trends of the local as well as outstation price realisation both in grey and dyed yarn. To maintain the quality of dyed yarns and to increased its installed capacity company has installed 2 Texturising Machines.
OrganisationJattashankar Industries Ltd