Kengold (India) Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 393
Rank 411
Rank 458
Dividend Yield
Rank 111
Rank 686
Price To Book Ratio
Rank 313
Debt To Asset
Rank 453

Company Information

Incorporated on 9 Jun.93 Kengold India was promoted by D B Patil B M Patil and K A Andani. The company is setting up an ultra modern stateoftheart plant to be imported from the US to produce blanched roasted and salted peanuts along with cashew nuts almonds and mixed nuts inst. cap. : 6500 tpa.The integrated imported plant would have an automatic cleaning section a roasting blanching and the latest colour sorting sections along with a salted nut section and a form fill and seal packing line.The company has an export obligation as its machinery was imported at a concessional rate of duty. It came out with a public issue in Nov.94 to partfinance the project. The company has entered into firm agreements to export and market 4000 tonnes of processed nuts. It proposes to launch its products in the local market under the Mr Krunchie brand. Trial production was scheduled for the middle of Jun.95 and commercial production by the end of Dec.95.The project of the company at Narmada could not operated upto satisfactory level during the year 200001due to the changes in the government policiesImport Export Policies and heavy import of edible oil has adversely affected the domestic crushing and refining units in the country. The unit at Sanand also could not worked well due to non availability of raw materials of standard quality from the Saurashtra region.
OrganisationKengold (India) Ltd