Srikalahasthi Pipes Ltd(Merged)

Key Stats

₹200
Day's Price Range
₹205.3
₹175.4
52-Week Price Range
₹238.5
1 Year Return-5.2 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 264
EPS
Rank 264
BVPS
Rank 298
Dividend Yield
Rank 134
ROE
Rank 197
7.14%
Price To Book Ratio
Rank 239
Debt To Asset
Rank 297

Company Information

Lanco Industries LtdLILformerly Lanco Ferro is into manufacture of pig iron through mini blast furnace route. The company incorporated on Nov.1 1991 was promoted by L Rajagopal L Madhusudan Rao and others. Subsequently AFIC and APIDC contributed towards the equity. But currentlyas on Nov 24 2003 Electrosteel Castings and its associate companies holds around 51.89 in the company. The company has an installed capcity to produce 90000 tonnes of pig iron per annum. Further it also generates captive power from the waste heat of blast furnaces. Pig iron is a very essential basic raw material for the manufacture of grey iron castings and cast iron spun pipes. It is also used by the integrated plants for the manufacture of steel. Iron castings are used in the automobile industry agricultural equipment and in the engineering industry.Tata Korf Engineering Services provides technical knowhow and consultancy services for the mini blast furnace unit. For the power plant the company has Fichtner Consulting Engineers as its consultants and Ercom Consultancy Engineers for its cement plant.During April 2004Lanco Kalahasti Castings Ltd has been amalgamated with the company.
OrganisationSrikalahasthi Pipes Ltd(Merged)
HeadquartersChittoor
IndustrySteel