Standard Industries Ltd
Standard Industries Ltd (SIL)

Standard Industries Ltd (SIL)

₹22.12.79%

Key Stats

₹20.7
Day's Price Range
₹22.4
₹11.45
52-Week Price Range
₹40.8
1 Month Return-5.71 %
3 Month Return-20.23 %
1 Year Return47.26 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 13
0.74
EPS
Rank 62
₹28.85
BVPS
Rank 261
₹22
Dividend Yield
Rank 112
ROE
Rank 5
141.66%
Price To Book Ratio
Rank 154
0.97
Debt To Asset
Rank 18
1.11

Company Information

Standard Industries SIL was founded 104 years ago as Standard Mills Company in Jan.92 by J Davidsarson. In 1932 the management was taken over by the Mafatlals and since 1979 it is a constituent of the Stanrose group. It is currently managed by chairman R N Mafatlal. In Aug.94 the company came out with a rights issue of 1.12 cr equity shares at a premium of Rs 50 per share aggregating Rs 67.42 cr to fully finance the modernisation programme and to repay/prepay high cost borrowings. SIL at present has 3 divisions textiles chemicals and apparels. The textiles division manufactures yarn unprocessed and processed cloth etc. The chemicals division manufactures a range of organic and inorganic chemicals such as caustic soda chlorine hydrochloric acid ethyl chloride etc. The apparels division manufactures readymade garments and fusible interlining fabric. The company exports to Europe US Germany the Gulf etc. Standard Salt Works is a subsidiary of SIL which supplies to the chemical division. Recently the company also copromoted a new company Mafatlal Lubricants along with Motul France for manufacturing and marketing lubricating oil.During 19992000 two textile units at Prabhadevi and Sewree were ISO9002 certified for the International Quality System by M/s SGS Yarsley International Certification Services Ltd. The company was recertified for ISO 9002 System by BVQI.The company is in process of ratiionalization and integration of its textile activities at different locations. In 20002001 the company introduced VRS to its textile mill workers.The performance of Chemical Division performed well and the markets for Caustic Soda and Chlorine was affected due to stiff competition among local producers.During the year the company had commissioned Captive Power Plant for four stroke engines.
OrganisationStandard Industries Ltd
HeadquartersNavi Mumbai
IndustryTrading