Winsome Yarns Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 444
Rank 368
Rank 509
Dividend Yield
Rank 185
Rank 592
Price To Book Ratio
Rank 347
Debt To Asset
Rank 18

Company Information

Incorporated on 19 Jul.90 Winsome Yarns was promoted by Winsome Textile Industries in the joint sector with the Punjab State Industrial Development Corporation. The company manufactures combed and carded cotton yarn of different counts ranging from 20s to 40s. Its products are mainly used by the knitting and weaving industries for making various fabric.The company came out with a public issue in Oct.93 to partfinance the cost of setting up a 100 exportoriented spinning mill with 23040 spindles to manufacture cotton yarn. The unit commenced commercial production with effect from 1 Apr.94. Due to the change in the productmix requirement some balancing equipment was acquired and installed for which the company obtained financial assistance from an equipment financing scheme of IFCI.Company has implementing capacity addition of 25824 spindles. The additional capacity has been financed by internal accruals and term loans from IFCI Canara Bank. Company is confident that commercial production has been commenced from 1st April 1999. The company is planning to go buyback of shares and process is going on.
OrganisationWinsome Yarns Ltd