Times Green Energy India Ltd
TIME

Times Green Energy India Ltd (543310)

₹80.842.01%

Key Stats

₹80.85
Day's Price Range
₹80.85
₹55.25
52-Week Price Range
₹96.75
1 Month Return31.78 %
1 Year Return30.95 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 405
EPS
Rank 421
BVPS
Rank 470
Dividend Yield
Rank 113
ROE
Rank 191
10.11%
Price To Book Ratio
Rank 314
Debt To Asset
Rank 451

Company Information

The Company was incorporated as Times Green Energy India Limited on November 10 2010 under Companies Act 1956 with Registrar of Companies Hyderabad. Subsequently the Company received Certificate of Commencement of Business on December 31 2010 from Registrar of Companies Hyderabad. The Company is a women entrepreneurial venture promoted by Mrs. Dinne Lakshmi Jumaal and Mrs. Kanuparthi Vani both of whom are dedicated to the cause of improving lives of rural women in India. The organization is deeply involved in rural ecosystem surrounding women in and around certain villages of Telangana Andhra Pradesh border areas of Karnataka. Likewise the Company procures goods from local dealers and vendors via local agents based in the State of Telangana. The Company is currently involved in three core business activities namely distribution of Agro Products Agrochemicals and Sanitary Napkins.In 2013 the Company acquired agricultural land bearing survey No. 236 236/1/8 admeasuring Acgst Acre Guntha 119 023 005 006 respectively situated at Village Dathaipally Mandal Thurkapally District Nalgonda Telangana aggregating to 2 Acres 14 Gunthas. The Company further acquired agricultural land bearing survey no. 237/Ru admeasuring Acgts Acre Guntha 020 011 007 011 022 respectively situated at Village Dathaipally Mandal Thurkapally District Nalgonda Telangana aggregating to 1 Acre and 22 Gunthas. The Company used certain available farm area to carry out farming activities to research and develop methods of improving farm yield and thereafter educating and supporting women farmers to use such products thereby growing distribution and touch point base.The land being survey No. 236 236/1/8 was converted into NonAgricultural in the year 2015.In 2017 the Companys dealers Network crossed 400 across Telangana Andhra Pradesh border areas of Karnataka.With growing network of women among these villages the Company started helping to create awareness about women hygiene products such as Sanitary Napkins along with other organizations doing such work. In 2018 the Company formally entered into Woman Hygiene Safety Segment by launching Sanitary Napkins under the brand name of Monthly Times and during the same period Mrs. Dinne Lakshmi Jumaa the Companys Managing Director was awarded the Excellency Award by YS Men International Central India Region for achieving high yields in agriculture and hence being a model agriculturist. In 2019 the Companys Managing Director Mrs. Dinne Lakshmi Jumaal was awarded with Seva Ratna Puraskar for her work in the field of agriculture by Chhatrapati Shivaji Seva Samithi Hyderabad.The Company launched a B2C ecommerce application on the Play Store by name of Bharatbazaar Kisaan to Kitchen in September 2020 wherein it sells various categories of products i.e. it has more than 1000 products in its catalogue from cooking essentials such as oil Basmati rice to bakery and dairy items snacks and branded foods beverages and a different tab for sanitary napkins etc. The Company made arrangements with approx. 12 neighborhood suppliers grocery stores in Banjara Hills Kukatpally S. R. Nagar and several other areas in Hyderabad area to deliver goods to customers. It made further arrangements with delivery/ courier service for delivering the products to the customers in and around Hyderabad as and when required.The Company had launched a unique marketing strategy where it was appointing uneducated rural women with farming background especially from families of small farmers as Kisaan Sahayaks for helping to grow farm yields by creating awareness and distributing natural organic plant protection products other agro vertical products. Further Kisaan Sahayaks also act as procurement agents for agro trading vertical. In addition to this Mahila Sahayaks like these minded women are appointed for increasing awareness of sale of sanitary napkins business. The Companys business is heavily reliant on its network within rural areas. This network as well as area of operations are very unorganized and are based on informal relationshipbased metrics. The Company endeavor to increase its point of sales and touch points by adding newer women to fold and by launching innovative products and schemes for better economics of the business vertical. It proposes to set up small SBUs at various village/ district levels for being local warehouse / processing centres for the product Sanitary Napkirl and ensuring higher durability of products as well as stronger local acceptance levels.
OrganisationTimes Green Energy India Ltd
HeadquartersHyderabad
IndustryTrading