Sudal Industries Ltd
SUDA

Sudal Industries Ltd (506003)

₹9.19--

Key Stats

₹9.2
Day's Price Range
₹9.2
₹4.54
52-Week Price Range
₹11.04
1 Month Return28.67 %
1 Year Return75.23 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 299
EPS
Rank 303
BVPS
Rank 326
Dividend Yield
Rank 177
ROE
Rank 455
Price To Book Ratio
Rank 262
Debt To Asset
Rank 316

Company Information

Sudal Industries was incorporated in the year 1979 for the manufacture of aluminium extrusions and aluminium alloys. The company formerly known as Sudarshan Aluminium Industries was promoted by S C Chokani in association agreement with Hindustan Aluminium Corporation for providing technical assistance. The Company has already awarded a Licence for the Quality Systems Certification in accordance with IS 14002/ISO 9002 by the BIS.The companys products are aluminium extrusions and alloys. The companys commercial production started in the year 1981. During 198586 the performance of the company was unsatisfactory due to underutilisation of capacity shortage of raw material and labour strike etc. The situation slightly improved during the next two years but again ran into rough weather during 198889 due to the increase in the cost of raw materials and inputs drastic reduction in selling prices and increase in excise duty. The intermittent and inadequate supply of aluminium ingots also added to the problems. Consequently the company incurred loss continuously. The companys products find extensive usage in agricultural transportation electrical electronics consumer durables defence tubing irrigation tubing pump body extrusions airways shipping etc. The companys client list consists of companies like BHEL TELCO L T Philips Siemens Mahindra and Mahindra Godrej Bajaj Auto Crompton Greaves ABB and Kirloskar Electrodyne etc. The company has technical collaboration with Reynolds Europe. The Reynolds group is the worlds largest producers of Aluminium and its varied products. Their technical assistance is to enable the company to reduce costs increase its production and productivity.During 199091 the company diversified into downstream products. The company started manufacturing irrigation and sprinkler systems. It also manufactures drip irrigation systems and value added products like heat exchanger tubing truck body kits etc.The company has developed Extruded Sections for sophisticated end users like BARCHALetc and also in down stream activities by manufacturing fabricated components Truck Body Kits etc which gives more value for its extruded product. The company is progressing in implementing quality systems as per QS 9000 and new IS 9001.
OrganisationSudal Industries Ltd
HeadquartersNashik
IndustryNon Ferrous Metals