Shreyans Industries Ltd

Shreyans Industries Ltd (SHREYANIND)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-27.59 %
3 Month Return-2.52 %
1 Year Return2.05 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 17
Rank 17
Rank 19
Dividend Yield
Rank 10
Rank 18
Price To Book Ratio
Rank 16
Debt To Asset
Rank 19

Company Information

Shreyans Industries was promoted by Vardhaman Spinning and General Mills in 1979 to set up a 30tpd paper project. A secondhand paper making machine from Belgium was imported for the purpose which went into production on 16 May.82. Gradually the operations of the company at its paper division at Ahmedgarh were expanded and modernised at regular intervals to the present capacity of about 70tpd. In 199091 encouraged by its success in paper operations the company set up a cotton spinning unit with an installed capacity of 25000 spindles. The year 199495 saw this division achieve the status of an Export House. In Feb.94 it took over the paper division of Zenith a BIFR division of the Birla Group Company. The unit has since contributed substantially to the turnover of the company. The company implemented a project of setting up a chemical recovery plant with power generation at Shreyans Paper Mills Ahmedgarh at a cost of Rs 14.50 cr which were commissioned in 199596. The expansion scheme for Rishabh Papers unit which was undertaken was completed succesfully during 20002001.The modernisation scheme for Chemical Recovery Plant and Cogeneration Plant were also commissioned during the year. The company entered into contract with overseas buyers for supply and commissioning of Continuous Digesters Subsequently it has exported two numbers of the same in 200203. To make its product more superior the company undertook Extraction cum Oxygen Bleaching project for its Ahemdgarh unitwhich is expected to be commissioned by the second quarter of 2003. Implementing the same will definitely yield higher brightness in pulp with lower chemical consumption and will the company to produce better quality paper.
OrganisationShreyans Industries Ltd