Rajdarshan Industries Ltd
AREN

Rajdarshan Industries Ltd (ARENTERP)

₹37.10.13%

Key Stats

₹37.1
Day's Price Range
₹38
₹15.85
52-Week Price Range
₹76.95
1 Month Return10.43 %
3 Month Return2.63 %
1 Year Return126.6 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 14
3.52
EPS
Rank 149
₹10.51
BVPS
Rank 175
₹58.5
Dividend Yield
Rank 180
ROE
Rank 348
4.23%
Price To Book Ratio
Rank 24
0.63
Debt To Asset
Rank 318

Company Information

Originally incorporated in Dec.80 as a private limited company at Jaipur A R Enterprises AREL was subsequently converted into a public limited one in Dec.92.For expansion and to diversify into mechanised mining of marble blocks from its own mines the company came out with public issue in 1994.Rajasthan possesses extensive reserves of marble especially of the green variety. Most other companies in Rajasthan employ primitive methods of mining like blasting and drilling resulting in very low recovery rates as low as 1520. AREL has employed mechanised mining techniques in three of its green marble mines. This has resulted in the removal of large blocks of marble in high demand overseas and fetching far better value and higher recovery rates around 6570.According to the contract signed with Edilmarmi Italy the latter will take up 50 of ARELs production of marble blocks. Similarly for the domestic market the company has entered into an MoU with Madhav Marbles Granites which will pick up 25 of its marble products. The company is planning to expand its mining activities in the near future.
OrganisationRajdarshan Industries Ltd
HeadquartersUdaipur
IndustryMining & Mineral products