Rungta Irrigation Ltd
RUNG

Rungta Irrigation Ltd (530449)

₹21.75--

Key Stats

₹21.75
Day's Price Range
₹21.75
₹18.05
52-Week Price Range
₹34.75
1 Month Return-18.24 %
3 Month Return-33.59 %
1 Year Return13.28 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 15
24.43
EPS
Rank 26
₹0.89
BVPS
Rank 6
₹86.53
Dividend Yield
Rank 17
ROE
Rank 55
0.54%
Price To Book Ratio
Rank 2
0.25
Debt To Asset
Rank 28
0.32

Company Information

Rungta Irrigation RIL was incorporated as a private limited company under the name Jindal Irrigation Pvt Ltd in Apr.86. It became a public limited company in Jun.86 and got its present name in Apr.94. The company was originally promoted by S R Jindal and in 199293 it was taken over by R S Rungta of the Rungta group who is the present chairman. Some of its associate companies are Rungta Projects Rungta Carriers and Sutterfield Trade Investments. In Mar.95 RIL came out with a public issue at a premium of Rs 50 aggregating Rs 14.28 cr to establish a new unit to manufacture sprinkler irrigation systems/drip irrigation systems HDPE pipes PVC pipes fittings and components and to meet working capital requirements totalling Rs 24 cr. The company manufactures designs assembles and markets aluminium/GI/HDPE/PVC pipebased sprinkler irrigation system and rigid PVC and HDPC pipes for water conveyance channels and for other uses. Recently it has diversified into drip irrigation systems and the manufacture of HDPE and PVC pipes. RIL has a technical collaboration with Unicor Rohrsysteme Germany and EinTal Israel for drip irrigation technology. The company had an export turnover of Rs 1.26 cr in 199394. During the year 199596 the company has proposed to set up an additional/second unit at Kalaamb in Himachal Pradesh for manufacturing PVC/HDPE Pipes and Drip Irrigation system.During 199899 the company has launched its pesticides products which have received in the market very well. This will lead to higher growth in profitability in comming year.
OrganisationRungta Irrigation Ltd
HeadquartersNew Delhi
IndustryPlastic products