Raj Rayon Industries Ltd
RAJR

Raj Rayon Industries Ltd (RAJRILTD)

₹17.11.78%

Key Stats

₹17.1
Day's Price Range
₹17.1
₹0.2
52-Week Price Range
₹17.1
1 Month Return41.17 %
1 Year Return5500 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 463
EPS
Rank 467
BVPS
Rank 542
Dividend Yield
Rank 185
ROE
Rank 201
14.17%
Price To Book Ratio
Rank 365
Debt To Asset
Rank 529

Company Information

Raj Rayon Industries Ltd is engaged in the manufacture and sale of polyester texturised yarn PTY partially oriented yarn POY and fully drawn yarn FDY. The companys products include polyester texturised yarn partially oriented yarn fully drawn yarn and dope dyed yarns. They also offer yarn of various cross sections principally triobal and octalobal full dull semi dull bright yarns cationic yarn colored yarn fire retardant and anti microbial yarns.The company is having four manufacturing plants located at Silvassa India in the Union Territory of Dadra and Nagar Haveli. They export their products to Brazil Chile Colombia Egypt Guatemala Iran Mexico Morocco Peru Poland Spain Syria Thailand and Vietnam.Raj Rayon Industries Ltd was incorporated on August 17 1993 as a public limited company with the name Raj Rayon Ltd. In the year 1994 the company started their manufacturing activities by installing one texturising machine with a manufacturing capacity of 600 TPA at Silvassa. In April 1995 they made their public issue. During the year 199596 the company doubled the manufacturing capacity from 600 TPA to 1200 TPA.During the year 199697 the company set up their second unit at Silvassa for manufacturing Polyester Texturised Yarn with a capacity of 2600 TPA by installing four Draw Texturising machines. During the year 199708 they commenced commercial production of this project. During the year 199899 the company further expanded their second unit for manufacturing Polyester Texturised Yarn with a capacity of 2600 TPA by installing four Draw Texturising machines. During the year 200102 the company undertook another expansion project at their third unit at Silvassa which was completed in two phases. In June 2003 the company completed their first phase by installing six texturing machines with a manufacturing capacity of 7590 TPA. In March 2004 they completed their second phase of expansion at Unit III by installing six texturing machines with a manufacturing capacity of 7650 TPA. During the year 200304 the company set up their fourth unit as backward integration at Silvassa for manufacturing POY with the capacity of 30000 TPA which is the key raw material for manufacturing Polyester Texturised Yarn. During the year 200405 the company entered into trading activities of various imported items like ready made garments sports items decorative lights other consumables and items of household / kids use. These items are sold through Pantaloon Retail India Ltd BIG BAZAAR outlets all over India. During the year 200506 the company installed 18 lines of Partially Oriented Yarn POY which increased the total production capacity of 60000 TPA and commenced commercial production. Also they converted few lines from two ends to four ends to increase the production capacity.During the year 200607 the company converted 5 lines of POY into Fully Drawn Yarn FDY Lines for better commercial realization and in March 2007 they commenced commercial production. For expanding their PTY capacity the company installed 8 machines till March 2007 and also started trail runs for this project. During the year 200708 the company completed the expansion plan for PTY at their Surangi unit.During the year 200910 the companys ISO Certification has been upgraded to ISO 9001:2008 by Bureau Veritas UKAS and Bureau Veritas NABCB. Their Export House status was upgraded to Star Export House with effect from August 17 2009 by the Director General of Foreign Trade. They sold their Land Building of Unit no 3 and shifted their Plant Machinery to Unit no 4 Surangi to enhance their operating efficiency. In March 2010 the company installed four Fully Drawn Yarn lines and commenced commercial production.The name of the company was changed from Raj Rayon Ltd to Raj Rayon Industries Ltd with effect from August 18 2010.The companys plans to expand the installed capacity for manufacturing Polyester Texturised Yarn PTY Fully Drawn Yarn FDY and to create new capacity for manufacturing Twisted Yarn TY different types of coloured yarns there from which command good demand and sales margin in the market.
OrganisationRaj Rayon Industries Ltd
HeadquartersDadra & Nagar Haveli
IndustryTextiles