Pranavaditya Spinning Mills Ltd

Pranavaditya Spinning Mills Ltd (531172)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-10.72 %
3 Month Return2.45 %
1 Year Return-39.42 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 463
Rank 467
Rank 542
Dividend Yield
Rank 185
Rank 486
Price To Book Ratio
Rank 365
Debt To Asset
Rank 529

Company Information

Incorporated as a public limited company in 1990 Pranavaditya Spinning Mills is promoted by the Keshavlal Talakchand KT group. The KT group is an integrated group which has been manufacturing and exporting cotton yarn textiles knitwear and garments for the last five decades. The group started operations as a trading concern in 1942 and till today has promoted a number of companies engaged in the manufacture and export of textiles and textilerelated products.The companys plant with 12768 spindles in Kolhapur district Maharashtra manufactures cotton yarn. Subsequently the capacity was increased to 16608 spindles. For further modernisation and expansion the company entered the capital market in 1995.The KT group to which the company belongs exports to nearly 30 countries all over the world including Australia Canada the UK Germany Italy Belgium the Netherlands Czechoslovakia Turkey Hong Kong Taiwan Mauritius Korea Singapore etc. During 199899 the Company applied to Maharashtra State Electricity Board MSEB to put up a Captive Power Plant of 1.9 MW capacity at cost of Rs. 550 lacs.
OrganisationPranavaditya Spinning Mills Ltd