Swasti Vinayaka Synthetics Ltd

Swasti Vinayaka Synthetics Ltd (510245)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return0.29 %
3 Month Return-1.31 %
1 Year Return11.31 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 405
Rank 421
Rank 470
Dividend Yield
Rank 113
Rank 162
Price To Book Ratio
Rank 314
Debt To Asset
Rank 451

Company Information

Established by Ramprasad Poddar of the Siyaram Poddar group in 1981 Vinayaka Synthetics changed its name to Swasti Vinayaka Syenthetics in 199899. The plants are located at Tarapur and Bhiwandi in Maharashtra. The companys suitings and shirtings are sold under the brand name Vinayaka all over the nation through a network of wholesalers and retailers. In Sep.95 the company launched an entirely new range of premium suitings comprising super luxurious satins durable twills sturdy matts and super soft lightweight fabric. Some of the subbrands are Celebration Elcid Brilliant and Super Velvettouch. Keeping in tune with the changing times and trends VSL has entered the export market and is focussing on the international market. So far the Company has exported to Saudi Arabia the UAE Bahrain Kuwait Singapore and other east Asian countries. In 199293 VSL issued rights 1:2 to augment its working capital. The Company has implemented a cost reduction restructuring excercise. In order to increase the sales of the retailing division the Company is converting the top floor of its Tarapur plant into a Hypermarket catering to the needs of retailers and customers at exfactory rates.
OrganisationSwasti Vinayaka Synthetics Ltd