Salora International Ltd
SALO

Salora International Ltd (500370)

₹40.29.53%

Key Stats

₹37.9
Day's Price Range
₹41.75
₹31.95
52-Week Price Range
₹56.9
1 Month Return-10.05 %
3 Month Return-0.14 %
1 Year Return3.52 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 462
EPS
Rank 466
BVPS
Rank 191
₹74.63
Dividend Yield
Rank 184
ROE
Rank 1075
-19.39%
Price To Book Ratio
0.49
Debt To Asset
Rank 221
0.63

Company Information

A Salora group concern Salora International went public in Mar.93. It manufactures colour and BW television sets and critical TV components like flyback transformers deflection yokes and loudspeakers. The company set up Matsushita Television and Audio India to manufacture colour televisions and audio systems under the Panasonic brand name in technical collaboration with Matsushita Electric Industrial Company Japan commercial production of which commenced in Feb.95. The company has also tiedup with Matsushita to introduce Panasonic cordless telephones and new models of fax machines.Salora has the distinction of being the largest exporter of BW TV sets during 199394 and has earned the status of Golden Export House from November 1999. The company besides its own products also exports readymade garments leather goods and various other items. A major exporter of cotton knitted garments the company is planning to set up a 100 export oriented knitting unit at Tirupur in TamilNadu. The company has also entered into an agreement with Mothercare India to market childrens wear in Europe under the brand name Little Kingdom.During 199697 the company decided to enter power industry in a big way by selling high frequency power equipments to Department of Telecommunications and other major private telecom equipment manufacturers. The company also launched a complete new range of Panasonic brand fax machines and printers and also sophisticated whiteboard called Panaboard during the year.Saloras components division has fetched the Sony Quality Appreciation Award and Samsung Best Vendor Award during the year 19992000. The company has formed another joint venture company called Jadoonet.com Ltd along with M/s Infoquest Ecommerce Pvt Ltd. Jadoonet.com Ltd has been set up to provide cost effective internet account solution to the mass. It has recently launched Indias first TV based portal. Also the company facility has been certified for ISO 14001 standard. FX Info Technologies Ltd was ceased to be the subsidiary company as the shareholding of the former was reduced to 483040 equity shares.
OrganisationSalora International Ltd
HeadquartersNew Delhi
IndustryConsumer Durables