Willard India Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 20
Rank 20
Rank 19
Dividend Yield
Rank 10
Rank 23
Price To Book Ratio
Debt To Asset
Rank 8

Company Information

Willard India WIL was incorporated as a public limited company on 11 May 73. Chitavalsah Jute Mills one of the units of B P Bajoria took over this company and effected a reverse merger with effect from 1 Aug.79. Its plants are in Andhra Pradesh and Uttar Pradesh. WIL was originally promoted by K P Singh and then by B P Bajoria.It came out with a public issue of 6.02 lac 15 FCDs of Rs 300 at par aggregating Rs 18.08 cr in Jan.93 to finance the capital cost of the proposed 2500tcd sugar project and to meet the margin money requirement for working capital at a project cost of Rs 45 cr. The company has 2 divisions the battery division at Bulandshahr UP manufacturing lead acid storage batteries and the jute division manufacturing jute goods twine sacking bags and sugar. WILs major clients are TELCO PAL HM MM DCM Toyota etc. The battery division of WIL is in technical and financial collaboration with Japan Storage Battery Company Japan. WIL has tied up with EcoEnergy International Corporation EIC US for an expansion project. The Bajorias also promoted Indo Flogates in 1979 IFGL Refractories in technical and financial collaboration with Harima Ceramics Japan Darjeeling Consolidated Marshall Sons Company and Solarson Industries. In 199394 WIL also promoted Mobar India an international trading house in association with Russi Mody AIOC US and ROE Germany. WIL is also contemplating to manufacture chemicals using molasses.
OrganisationWillard India Ltd