Maris Spinners Ltd

Maris Spinners Ltd (531503)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return10.89 %
3 Month Return18.33 %
1 Year Return43.06 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 462
Rank 466
Rank 541
Dividend Yield
Rank 185
Rank 19
Price To Book Ratio
Rank 364
Debt To Asset
Rank 528

Company Information

Maris Spinners was incorporated as a private limited company on 18 Sep.79. It became a deemed public company in Jul.94. It was promoted by M Thangavelu M Rengaswamy and their associates.The company manufactures 100 cotton carded yarn of counts 30s and 40s for weaving knitting and handlooms. Its spinning unit is located in the Mysore district of Karnataka. Commercial production commenced in Mar.81. with an installed capacity of 11856 spindles. Since the commencement of commercial production it has carried out regular expansion and modernisation programmes to increase the capacity to 38784 spindles.In 1994 the company set up two wind turbine generators WTGs at Muppandal Tamilnadu. In Mar.95 it installed three more WTGs. The company came out with a public issue in Dec.95 to partfinance is modernisation programme and also to set up a second spinning unit at Manaparai Tamilnadu with a capacity of 14112 spindles which will take the total spinning capacity to 38784 spindles.
OrganisationMaris Spinners Ltd