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Swadeshi Polytex Ltd

Company details

31.55
33.90
4.28
63.85
6M Return 67.00%
1Y Return 411.31%
Mkt Cap.(Cr) 132.21
Volume 2,343
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 2,343

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: -8.45 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 10,846.35 -17,022.91
LAST 3M 25,915.29 -5,903.92
LAST 6M 50,214.07 67,090.14
LAST 12M 182,243.81 -105,158.90

INFORMATION

Stock PE (TTM)

3.07

Promoter Holding

63.21%

Book Value

1.4881

ROCE

-1101.79%

ROE

-416.14%

Description

  • Incorporated in Mar.`70, Swadeshi Polytex (SPL) was promoted by the Swadeshi Cotton Mills Company. It entered into a collaboration with Clickers Zimmer, Frankfurt, Germany, for the purchase of machinery and supply of technical know-how. The company manufactures polyester staple fibre. R Ramkrishna in the present chairman of the company. The company has been stagnating since its inception. No expansion or diversification plans were implemented although a letter of intent was obtained in 1981 to raise the capacity from 6100 tpa to 12,200 tpa. When Rajaram Jaipuria acquired the control of the company in 1986, he decided to increase the capacity to the minimum economic viable size of 30,000 tpa, but actually it was increased first to 10,000 tpa in 1987-88 and then to 14,000 tpa by end of Mar.`89. SPL is managed by the National Textile Corporation (NTC) which holds the largest stake in the company (33%). In Feb.`87, it staked its claim to the single largest block holding in the equity of SPL, following the nationalsation of Swadeshi Cotton Mills. The Calcutta-based Swarup group, with a 24% share, is the second-largest shareholder in the company. For the second consecutive year during 1999-2000, there has been no operation and production in the company and the same stands suspended. Since the erosion of the networth of the company has been more than 50% of the peak networth, the company has filed Form `C` with BIFR, pursuant to provisions of SICA.

Registered Address

New Kavi Nagar, Industrial Area, Ghaziabad, Uttar Pradesh, 201002

Tel : 91-120-2701472
Email : info:splindia.com
Website : http://www.splindia.co.in

Registrar

Swadeshi Polytex Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 503816
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE243N01029

ICICIdirect Swadeshi Polytex Ltd FAQ

You can buy Swadeshi Polytex Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Swadeshi Polytex Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 25, 2023 04:01 PM the closing price of Swadeshi Polytex Ltd was ₹ 33.90.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jan 25, 2023 04:01 PM, the market cap of Swadeshi Polytex Ltd stood at ₹ 132.21.
The latest PE ratio of Swadeshi Polytex Ltd as of Jan 25, 2023 04:01 PM is 3.07
The latest PB ratio of Swadeshi Polytex Ltd as of Jan 25, 2023 04:01 PM is 0.04
The 52-week high of Swadeshi Polytex Ltd is ₹ 63.85 while the 52-week low is ₹ 4.28

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