Shekhawati Poly-Yarn Ltd

Shekhawati Poly-Yarn Ltd (SPYL)


Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 113
Rank 114
Rank 140
Dividend Yield
Rank 42
Rank 196
Price To Book Ratio
Rank 94
Debt To Asset
Rank 140

Company Information

Shekhawati PolyYarn Ltd is a leading manufacturer of Polyester Texturised Yarn Twisted Yarn. The company is engaged in manufacturing of Texturised and Twisted Yarn at their manufacturing facilities located at Dadra and Nagar Haveli. The manufacturing units are backed by facilities of product development quality control and laboratory to provide quality services to its customers.The company has an established client base and is marketing their products through various dealers and distributors in Mumbai Bhiwandi Surat Ludhiana Secunderabad Meerut Panipat Delhi Bhilwara Erode Salem Coimbatore Ichalkaranji Malegaon and Calcutta markets.Shekhawati PolyYarn Ltd was incorporated on November 5 1990 as a private limited company with the name Shekhawati PolyYarn Pvt Ltd. Initially the company was engaged in the trading of textiles. In the year 1993 the company was taken over by Mukesh Ruia and Mr. Ramniranjan Ruia.During the year 199596 the company set up a new unit at Dadra Silvassa with one Texturising Machine with an installed capacity of 600 TPA. During the year 199697 they installed additional Texturising machine and thus the total installed capacity to 1200 TPA.During the year 200506 the company modernized the Texturising Machines and increased the installed capacity to 3000 TPA. Also they installed 5 TFO machines with the total installed capacity of 900 TPA as a forward integration to twisting. During the year 200708 the company set up Unit II for manufacturing Texturised Yarn by installation of 8 Texturising Machines with the total installed capacity of 10800 TPA. During the year 200910 the company completed the construction of Unit III at Silvassa and installed 4 out of 10 Texturising Machines. They are yet to install 6 Texturising Machines in Unit III. In April 19 2010 the company was converted into public limited company and the name was changed to Shekhawati PolyYarn LtdThe company proposes to commence manufacturing of Knitted Fabric from Texturised Yarn. They plan to acquire additional new 30 Twisting Machines and installation of new 30 Knitting Machines. Also in order to take advantage of the growing market they have planned to expand their business activity in the twisting and knitwear segment.
OrganisationShekhawati Poly-Yarn Ltd