We Internet Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 20
Rank 21
Rank 24
Dividend Yield
Rank 8
Rank 15
Price To Book Ratio
Rank 19
Debt To Asset
Rank 24

Company Information

Incorporated in 1980 as a private limited company S V Electricals SVEL was converted into a public limited company in Sep.93. The company was promoted by M Sundareswaran and Girish Nair. SVEL is engaged in manufacture of aluminium lamp caps and tungsten filaments used in general lighting service GLS lamps. Major clients of the company include Philips India Sylvania Laxman Surya Roshini HMT Mysore Lamps etc. The company set up an unit for manufacturing lamp caps at Dewas Madhya Pradesh with an installed capacity of 60 mln pcs pa in 1982. Manufacturing capacity was increased to 80 mln pcs pa in 1991. The company also set up an unit at Dewas for manufacturing Tungsten filaments used in electric lamps with a capacity of 33.4 mln pcs pa. In 1994 the company had expanded the manufacturing facilities of GLS lamp caps from 80 mln pcs pa to 280 mln pcs pa. For the above project finance was accumalated by a public issue at a premium and term loans. Production was started in June 95.During 19992000 the company has been awarded a certificate of Export Excellence by the Engineering Export Promotion Council Mumbai in recognition of achieving highest export performance during the year 199798 amongst the non SSI exporters in the panel Electrical Home Appliances by exporting lamp components. Due to the continuous losses caused by persistant adverse business conditions in the tungsten filament division the company has decided to dispose off the division.
OrganisationWe Internet Ltd