Venlon Enterprises Ltd

Venlon Enterprises Ltd (524038)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-8.11 %
3 Month Return13.43 %
1 Year Return142 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 462
Rank 466
Rank 541
Dividend Yield
Rank 185
Rank 1000
Price To Book Ratio
Rank 364
Debt To Asset
Rank 528

Company Information

Incorporated in Oct.83 as a private limited company Venlon Polyester Film VPFL was promoted by C D Datwani. It was converted into a public limited company in Jul.87. VPFL manufactures polyester film BOPF. It set up its project in 198687 in Belwadi Karnataka and went public with an equity issue of 10.10 lac shares aggregating Rs 1.01 cr to partfinance its project. The basic raw material required by the company is polyethylene terephthalate PET chips available indigenously. VPFLs PET chips plant with a capacity of 8000 tpa was commissioned in Mar.95. With the implementation of this backward integration project VPFL will be able to effect savings in the raw material costs in the manufacture of film to a substantial level. VPFL has set up a metallising and lacquering packaging unit to make polyester film. Its metalising plant commenced trial runs from 199798. The company is now in the process of setting up a state of the art technology formaldehyde plant with production capacity of 15500 tpa. A 1500 tpa coating plant is also being set up to produce high value added coated films suitable for stamping foil reprographic film masking films lamination of PET films with aluminium nomex etc.During the year 20002001 the company has installed Formaldehyde Plant and trial production were also commenced.
OrganisationVenlon Enterprises Ltd