MRO-TEK Realty Ltd

MRO-TEK Realty Ltd (MRO-TEK)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-2.17 %
3 Month Return3.01 %
1 Year Return2.76 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 198
Rank 201
Rank 221
Dividend Yield
Rank 71
Rank 1
Price To Book Ratio
Rank 155
Debt To Asset
Rank 218

Company Information

MROTEK Ltd is mainly engaged in the business of providing Solutions and Services for Access to the Internet backboneDatacommunications and Networking etc. Net access and Networking are among the fastest growing areas of business worlwide. MROTEKs manufacturing facility is located at Electronics CityBangalore.In June 1998 a Joint Venture company viz RADMRO Manufacturing Pvt Ltd with 51 equity participationg by RAD Data Communications Ltd and 49 by the company was formed and operations were started on the same year itself.In 2001 the Company launched itself into the IPOby issuing 2509000 fresh Equity Shares of Rs.5 each to the Public. The IPO was completed duirng October 2000. These proceeds were utilised for setting up the additional Marketing Corporate Office at a cost of Rs.74 million.The Comany has recognised the Middle East SAARC countries which offers the biggest growth potential in networking market due to rapid advancements in wireless and Internet technologies.It is also focusing on specific set of technologies which is identified on the basis of core competencies and valueadded service opportunities.The company is planning to acquire 49 stake in a Kualalumpur based company for setting up a marketing and service outlet and negotiations are going on for the same.The company was adjudged as the Best Global Partner 2002 for the AsiaPacific region by RAD CommunicationsIsrael. The company has contributed 21 of RADs revenues from AsiaPacific in 2002 as against 10 in the previous year. The company also has the distinction of having received this Award for the second timethe first being in the year 2000.The company has inaugurated its new International Headquarters in Bangalore during February 2005.The new facility is in line with the growth plan of the company that includes a New BrandingFocus on RD activities to bring out indigenous products and strengthening of activities in Malaysia and the USA.The new facility has come into effect with an investment of about Rs.18 crores and the total area is spread over 60000 Sq.ft.
OrganisationMRO-TEK Realty Ltd