Suryaamba Spinning Mills Ltd

Suryaamba Spinning Mills Ltd (533101)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-3.45 %
3 Month Return-2.59 %
1 Year Return26.73 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 464
Rank 468
Rank 543
Dividend Yield
Rank 186
Rank 41
Price To Book Ratio
Rank 366
Debt To Asset
Rank 530

Company Information

Suryaamba Spinning Mills Ltd is one of the wellknown producers of Yarn. The company is basically into manufacturing of Synthetic blended yarns of Polyester / Viscose 100 Polyester and 100 Viscose with counts ranging from 20s to 45s. Currently they have one manufacturing unit with a capacity of 31104 spindles. The unit is located at MouzaNayakund in the state of Maharashtra which is ISO certified. The companys clients in India are primarily cloth manufacturers and cater to some of the finest brand labels worldwide and hence almost the entire production is directly or indirectly exported. Suryaamba Spinning Mills Ltd was incorporated on May 5 2007. As per the scheme of arrangement the assets and liabilities of Nayakund Ramtek Nagpur Spinning Unit of Suryalata Spinning Mills Ltd was transferred to and vested in the company with effect from June 30 2007. The companys equity shares were listed on the Bombay Stock Exchange Ltd BSE with effect from September 3 2009.The company is implementing expansion plan by addition of 12096 Spindles adjacent to the existing plant premises at an estimated cost of Rs 35 crore. In that the company started commercial production with 3024 spindles and is hoping to start entire production of 12096 spindles during the year financial year 201112.
OrganisationSuryaamba Spinning Mills Ltd