Quality RO Industries Ltd
QUAL

Quality RO Industries Ltd (543460)

₹49--

Key Stats

₹47
Day's Price Range
₹49
₹39.5
52-Week Price Range
₹62.9
1 Month Return-10.91 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

EPS
Rank 2
BVPS
Rank 2
ROE
Rank 3
3.8%

Company Information

Quality RO Industries Ltd was incorporated on September 30 2021 as Quality RO Industries Private Limited. Subsequently the Company has acquired entire running business with assets and liabilities of M/s Quality RO Products sole proprietorship concern of its Promoter Mr. Vivek Dholiya vide Business Transfer Agreement dated November 02 2021. The Company was converted into Public Limited Company and consequently its name was changed from Quality RO Industries Private Limited to Quality RO Industries Limited vide Special Resolution passed by Shareholders in Extra Ordinary General Meeting held on November 29 2021 and a fresh Certificate of Incorporation dated December 13 2021 issued by the Registrar of Companies Ahmedabad. The Company is engaged in the business of supplying of various water treatment products as well as logistics services. As a supplier the Company procures polypropylene raw materials and manufactures various types of softener quality equipment such as filter parts premium filter cartridges taps membrane housing and also engage in contract manufacturing for water treatment industry. The Company make sales through online platforms. In addition it is also engaged in providing logistics services on a contractual basis to a few local infrastructure companies. The Companys factory is situated in Vadodara Gujarat which is well equipped with computer systems internet connection other communication equipment and other facilities. Secondly the company is involved in contractual manufacturing based on die casting. During the die casting process molten metal is forced into a mould cavity under high pressure. The moulds also called dies are made from nonferrous metals such as zinc and aluminium. Manufacturers generally use die casting for highvolume production especially for small to midsized castings. Die cast parts are ubiquitous from everyday consumer objects such as sink faucets and steering wheels to industrial parts such as pneumatic nailers. As a trader company is a reseller of RO equipment and spares where it purchases these items from wholesalers and resell into smallersized businesses.Moreover Company is engaged in contractual logistics services to local infrastructure and manufacturing companies. While these services are outsourced to thirdparty providers the Company intends to invest in logistic assets viz. trucks to local infrastructure companies thereby generating carting income in the process. These contract logistics services involve activities such as warehousing transportation and distributing goods processing orders collecting payments and providing certain aspects of customer services to nearing cities in Vadodara Gujarat. At present the company is in the process of installing Solar Power Project with approx. 1450 kwh Capacity.
OrganisationQuality RO Industries Ltd
HeadquartersVadodara
IndustryConsumer Durables