Riba Textiles Ltd

Riba Textiles Ltd (531952)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return0.75 %
3 Month Return7.11 %
1 Year Return-3.63 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 463
Rank 467
Rank 542
Dividend Yield
Rank 185
Rank 372
Price To Book Ratio
Rank 365
Debt To Asset
Rank 529

Company Information

Incorporated in Jan.89 as a private limited company and subsequently converted into public limited company in Jul.94 Riba Textiles was promoted by Ravinder Garg and his family.The company is engaged in the manufacture of terry towels at Chidana Panipat district Haryana. Commercial production commenced in Jan.92. In 199596 the company undertook an expansioncumbackward integration programme to increase the installed capacity from 250 tpa to 1499 tpa and also to set up an openend spinning plant with a capacity of 768 rotors for the manufacture of cotton yarn for captive consumption. The company is also installing its own dyeing facility.In Mar.96 the company issued shares to the public to partfinance its expansioncumbackward integration project. The company is a registered 100 EOU.During 199697 foreign exchange earned by the company is amounting to Rs. 7.67 cr.
OrganisationRiba Textiles Ltd
HeadquartersNew Delhi