Yarn Syndicate Ltd

Yarn Syndicate Ltd (514378)


Key Stats

Day's Price Range
52-Week Price Range
1 Year Return207.36 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 138
Rank 141
Rank 158
Dividend Yield
Rank 31
Rank 249
Price To Book Ratio
Rank 96
Debt To Asset
Rank 158

Company Information

Yarn Syndicate a governmentrecognised Trading House was incorporated in May 46 as a public limited company. It belongs to the PatodiaYSL group. The company is one of the largest merchant exporter of cotton yarn from the country. In 1994 the company proposed to set up manufacturing facilities for knitted fabrics and dyed yarn in order to cater to the international buyers with a committed delivery of quality products at competitive price range. The unit was set up at Mudalipalayam Periyar district Tamilnadu. The company came out with a public issue in Mar.94 to partfinance the project. Commercial production of the knitting unit commenced production in 199495. The yarn dyeing unit could not be set up by the company due to agitation in the area of Bhawani River Industrial Belt by the local people along with negative attitude of the authorities towards such projects.During 199798 the company achieved an export turnover of Rs 80.31 cr. The company was awarded a Gold Trophy for higest exports and Bronze Trophy for export of Cotton Yarn to Non Quota Countries by TEXPROCIL for export during 199697.
OrganisationYarn Syndicate Ltd