Rubfila International Ltd
Rubfila International Ltd (500367)

Rubfila International Ltd (500367)

₹89.650.23%

Key Stats

₹88.5
Day's Price Range
₹91.75
₹74
52-Week Price Range
₹129
1 Month Return-7.95 %
3 Month Return14.75 %
1 Year Return-15.24 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 61
10.94
EPS
Rank 125
₹8.26
BVPS
Rank 176
₹36.34
Dividend Yield
Rank 37
2.19%
ROE
Rank 91
17.47%
Price To Book Ratio
Rank 120
2.48
Debt To Asset
Rank 265
0.23

Company Information

Incorporated in the year 1993 Rubfila is the only manufacturer of heatresistant latex rubber thread in India. This unit was set up with the collaboration of Rubfil a subsidiary of Uniphoenix Corporation Malaysia which has a 29.99 equity participation. In Aug.94 it approached the capital market to finance the project. The company not only reduced its project cost by Rs 6 cr but also started commercial production ahead of schedule. It has already made heavy inroads into the foundation garment industry. The product an importsubstitute material in the manufacture of elastic tapes used in the garment industry is sold under the brand name Rubfil. It has secured export orders. At present due to an unusual spurt in latex prices the company is faced with problems of inadequate working capital which are being overcome by seeking additional facilities from banks. The availability of quality latex is a major concern. To overcome this it is installing its own centrifuging plant to facilitate the use of raw field latex as its input raw material and to control quality inhouse. This measure is expected to reduce the cost of production by 8. Druing the year 199899 the company has sucessfully installed the machinery for manufacture of silicon coated rubber thread SCR and narrow elastic tape NET at an estimated cost of Rs 21.90 crores. The new product Silicon Coated Rubber Thread is an improved version of present prodcut. After the commissioning of new project company has acquired the new technology which can be match in the global market. With such product in hand company expected to increase its turnover substantially in the coming years. Company has also installed two Covering Rubber Thread Machine in the existing factory for Forward Integration of existing product.During 19992000 the company could successfully obtain the ISO 9002 Certification for its newly commissioned Silicon Coated Rubber Thread SCRT and Covered Rubber Thread CRT project. The company received the Export Award from the Indian Chamber of Commerce and Industry ICCI for the Commendable Export performance in the year 199899.A MOU was signed with M/s Towler Enterprises Solutions Pvt Ltd for setting up of a software development unit at the companys premises.The company is also planning to enter into trading in yarns. A Wholly owned subsidiary viz Rubfila USA Inc was set up in USA during 200102.
OrganisationRubfila International Ltd
HeadquartersPalakkad
IndustryPlantation & Plantation Products