Triton Corp. Ltd
TRIT

Triton Corp. Ltd (523387)

₹0.39--

Key Stats

₹0.39
Day's Price Range
₹0.39
₹0.26
52-Week Price Range
₹0.39
1 Month Return2.63 %
1 Year Return30 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 177
-3.26
EPS
Rank 155
₹-0.12
BVPS
Rank 206
₹0.17
Dividend Yield
Rank 72
ROE
Rank 202
Price To Book Ratio
2.29
Debt To Asset
Rank 68
0.53

Company Information

Incorporated in Apr.90 as a public limited company Triton Copr. Ltd. formerly known as Stencil Apparel is promoted by Amit Judge and his associates. The company came out with a public issue in Feb.91 to partfinance its project of setting up a plant at Noida Uttar Pradesh to manufacture 7000 shirts and 2500 trousers/jeans pd.Commercial production at the trouser plant and the shirt plant commenced in Sep.91 and Dec.91 respectively. In 199293 the company incurred losses. In the next year it changed the productmix resulting in lower raw material costs and substantial reduction in expenses and it could post a profit.On the export front the company supplies to global brands including Cacharel CA Grigio Perla Fila Boggi Liz Claiborne etc. In 199394 it forged a new tie with brands like Nautica Atlantis and Anyway.In 199495 the company implemented a restructuring scheme with the consent of the financial institutions to pay back the high cost debts of the institutions. In 199596 the company sold one of its manufacturing facilities at Noida Phase II the proceeds of which along with the funds brought in by the promoters were utilised directly for settling the high cost debts of financial institutions.During the year 19992000 the company has been declared sick and has been referred to BIFR.As informed in the last year the company has been referred to BIFR and a rehabilitation scheme has been approved under which M/s Rajendra Seclease has been inducted as a copromoter and the company has acquired the stake.The New management is planning to start new business of manufacturing trading marketing to improve the bottom line of the company.
OrganisationTriton Corp. Ltd
HeadquartersNew Delhi
IndustryIT - Software