Virat Industries Ltd


BSE: 530521 | NSE: NA | ISIN: INE467D01017 
Market Cap: [Rs.Cr.] 10 | Face Value: [Rs.] 10
Industry: Textiles - Products

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Board Meet

24-May-13 
Virat Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 24, 2013, to consider and take on record the Audited Financial Results for the quarter and the year ended March 31, 2013, and the Board may consider recommendation of Annual Dividend for the Financial Year ended March 31, 2013. Virat Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2013, inter alia, have recommended a final dividend of Rs. 1.50 per equity share (Face Value of Rs. 10 per share). (As Per BSE Announcement Dated on 24.05.2013) 
09-Aug-12 
Quarterly Results 
30-May-12 
Virat Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2012, to consider and take on record the Audited Financial Results for the quarter and the year ended March 31, 2012, and the Board may consider recommendation of Annual Dividend for the Financial Year ended March 31, 2012. Virat Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2012, inter alia, has recommended a final dividend of Rs. 1.2 per equity share (face value of Rs. 10 share). (As Per BSE Announcement Dated on 31.05.2012) 
26-Mar-12 
Virat Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 26, 2012, to consider Operating Budget & Capital Budget for the year 2012-13 & 2013-14. 
10-Feb-12 
Quarterly Results 

AGM

07-Sep-12
AGM 07.09.2012 Virat Industries Ltd has informed BSE that the 22nd Annual General Meeting (AGM) of the Company was held on September 07, 2012. (As per BSE Announcement Dated on 12.09.2012)  
09-Sep-11
AGM 09/09/2011 
09-Sep-10
AGM 09/09/2010 Virat Industries Ltd has informed BSE that the 20th Annual General Meeting (AGM) of the members of the Company will be held on September 09, 2010, inter alia, to transact the following business: 1. To receive, consider and adopt the balance Sheet as at March 31, 2010 and the Profit & Loss Account for the year ended as on that date and the Reports of the Directors and the Auditors thereon. 2. To appoint a Director in place of Shri. Naozer J. Aga, who retires from office by rotation and being eligible; offers himself for re-appointment. 3. To appoint Messes. Deloitte Haskins and Sells, Chartered Accountant, Mumbai, as Auditors of the Company to hold office from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 4. To accept the resignation of Armand N. Aga as an Alternate Director to Mr. Kaizad Dadyburjor with immediate effect. 5. To accept the resignation of Mr. Kaizad DadyBurjor as a Director of the Company with immediate effect. 6. To appoint Mr. Armand N. Aga as a Director of the Company in a casual vacancy to hold the office till the conclusion of the next Annual General Meeting. (As Per BSE Announcement Website dated on 16.07.2010) Virat Industries Ltd has informed BSE that the members at the 20th Annual General Meeting (AGM) of the Company held on September 09, 2010, inter alia, have accorded to the following: 1. Adoption of the Directors' Report and the Audited Balance Sheet of the Company for the year ended March 31, 2010. 2. Approved the Final Dividend of Re. 0.80 per Equity Share of Rs. 10.00 each recommended by the Board of Directors, for the year 2009-10. 3. Re-appointed Mr. Naozer J Aga, as a director of the Company liable to retire by rotation. 4. Appointed Mr. Armand N Aga, as a Director of the Company, whose period of office shall be liable to determination by retirement by rotation. 5. Appointed M/s. Deloitte Haskins & Sells, Chartered Accountants, as Auditors of the Company to hold office for the period from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company and the Board of Directors be and is hereby Authorized to fix their remuneration. (As Per BSE Announcement Dated on 16.09.2010) 
04-Sep-09
AGM 04/09/2009 Virat Industries Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 04, 2009 inter alia, have accorded to the following: 1. Adoption of the Directors' Report and the Audited Balance Sheet of the Company for the year ended March 31, 2009. 2. The Interim Dividend of Re. 0.50 per equity share of Rs. 10/- each already paid & treated as the final Dividend for the year 2008-09. 3. Re-appointment of Mr. Arun S. Sanghi & Mr. Ajit P. Walwaikar, as Directors of the Company, liable to retire by rotation. 4. Appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, as Auditors of the Company to hold office for the period from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration terms & conditions. 5. Appointment of Mr. Adi F. Madan, as a Director of the Company, liable to retire by rotation. 6. Re-appointment of Mr. Adi F. Madan as the Managing Director of the Company with effect from October 01, 2009 for a period of 3 years up to September 30, 2012, on remuneration, terms & conditions. (As Per BSE Announcement Website dated on 10.09.2009) 
05-Sep-08
Virat Industries Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on September 05, 2008, inter alia, have accorded to the following: 1. Adoption of the Directors' Report and the Audited Balance Sheet of the Company for the year ended March 31, 2008. 2. Re-appointment of Mr. Naozer J Aga & Mr. Madhav G Kulkarni, as Directors of the Company, liable to retire by rotation. 3. Appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, as Auditors of the Company to hold office for the period from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company in place of M/s. C C Chokshi & Co. Chartered Accountants, who are retiring auditors and expressed their inability to continue as auditors of the Company, on remuneration terms & conditions. 

EGM

08-Nov-04
EGM 08/11/2004 To approve subject to approval of various statutory authorities, for the issue of 4,92,340 equity shares of Rs.10/- each at par, aggregating Rs.49,23,400 on a preferential basis to H M Investment (UK) Ltd, a foreign Company, consequent to which H M Investments (UK) Ltd will acquire 10% of the expanded equity capital of the Company. The Company has informed that at the Extra Ordinary General Meeting held on November 08, 2004, the shareholders have consented to the offer, issue and allotment of 4,92,340 equity shares of Rs 10 each for cash at par for an aggregate value of Rs 49,23,400/- to H. M. Investments (UK) Ltd., a foreign Company on prefrential basis. (As per BSE bulletin dated on 09/11/2004) 
23-Nov-01
EGM of the company will be held on 23.11.01 to consider erosion of more than 50% of the net worth of the company. The accumulated losses of the company as at the end of the financial year ended 31.03.01 have resulted in erosion of 50% or more of the Peak Net Worth of the company during the immediately precedding four financial years. 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Page Industries 4,630.04 41.15 21.69 19.93 62.2 54.2 0.66
Trent 3,397.27 53.05 2.22 34.64 3.3 2.8 0.21
Future Retail 3,343.58 0.00 1.01 8.87 1.3 5.8 0.89
Shoppers St. 2,916.21 73.50 4.20 21.58 10.2 14.8 0.32
Bombay Rayon 2,861.60 15.74 0.92 9.02 7.3 8.6 1.17
Raymond 1,663.40 0.00 1.61 13.29 -3.4 5.1 1.24
Rupa & Co 1,429.41 22.42 6.12 14.68 23.5 22.2 1.00
Kewal Kir.Cloth. 977.09 18.29 3.85 8.61 24.6 34.9 0.05
Mandhana Indus 799.52 12.24 1.69 8.22 19.0 16.2 1.64
Welspun India 618.69 3.48 0.66 4.40 19.6 14.8 2.13
Lovable Lingerie 473.00 25.05 2.71 20.19 11.9 15.3 0.01
K P R Mill Ltd 470.06 4.67 0.71 5.17 5.2 5.7 1.13
Zodiac Cloth. Co 378.11 34.76 2.23 18.69 5.5 7.2 0.26
Hanung Toys 310.59 2.18 0.51 5.96 20.3 14.1 2.13
Kitex Garments 275.74 9.60 2.25 4.45 26.7 26.8 0.92

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Key Information

Key Executives:

Naozer J Aga , Chairman Emeritus 

Adi F Madan , Managing Director 

Arun S Sanghi , Chairman 

Ajit P Walwaikar , Director 


Company Head Office / Quarters:
A-1/2 GIDC Indl Estate,
Kabilpore Navasari,
Navsari,
Gujarat-396424
Phone : 91-02637-265011/265022
Fax : 91-02637-265712
E-mail :
viratnvs@sify.com
asbaholu@rediffmail.com
Web : http://www.viratindusteries.com
Registrars:
Link Intime India Pvt Ltd
C-13 Pannalal Silk
Mills Cmpd LBS Marg
Bhandup West
Mumbai - 400 078

Fund Holding

 
Scheme Name No. of Shares
No data found

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