Arihant Cotsyn Ltd


BSE: 514122 | NSE: ARIHANTCOT | ISIN: INE925B01018 
Market Cap: [Rs.Cr.] 1 | Face Value: [Rs.] 10
Industry: Textiles - Spinning - Synthetic / Blended

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Company Profile

Promoted in the joint sector by the Punjab State Industrial Development Corporation (PSIDC) and Arihant Industries (formerly Arihant Fabrics), Arihant Cotsyn was incorporated as a public limited company in Dec.'87. The company set up a spinning unit based on airjet spinning technology, commercial production of which commenced in 1990-91. In Nov.'92, the company came out with a public issue to part-finance the setting up a 100% EOU (inst. cap.: 11,520 spindles) for the manufacture of cotton/cotton-blended spinning yarn; setting up a ring spinning unit (inst. cap. : 12,480 spindles) for the manufacture of dyed synthetic/blended yarns; and to set up facilities for doubling of yarn. All the units are located in Dhuri (Sangrur district), Punjab. Commercial production commenced in 1993. In 1992, the company entered into an agreement with Salmia General Trading Company, Ajman (UAE), for the export of its entire production of the EOU for eight years. The company 100% Export Oriented Cotton spinning unit is moving mark and running efficiently & effectively to meet the export targets of the company.

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Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
RSWM Ltd 341.00 3.50 1.04 4.59 26.4 14.9 4.23
Sangam India 147.23 3.42 0.49 3.58 18.7 14.8 2.52
Winsome Textile 101.28 5.25 0.95 7.00 15.3 13.8 3.03
Banswara Syntex 79.18 3.71 0.42 4.72 6.7 11.8 3.75
Jindal Cotex Ltd 62.33 0.00 0.22 6.20 1.6 6.4 0.61
APM Inds. 54.43 2.05 0.63 1.67 28.7 32.0 0.47
Wheel & Axle 53.57 0.00 9.16 0.00 -0.3 -0.3 0.00
Deepak Spinners 30.16 1.76 0.43 3.81 20.2 17.4 1.44
Suryalata Spg. 20.26 2.09 0.41 5.22 16.4 13.2 1.99
GSL (India) 18.90 0.00 -0.10 0.00 0.0 0.0 0.00
Pasupati Spinng. 17.75 19.00 0.62 0.00 26.0 17.4 4.04
Samrat Spinners 15.00 0.00 0.97 0.00 16.6 12.3 1.37
Rel. Chemotex 13.65 1.57 0.46 3.48 17.7 15.9 1.51
Lakhotia Poly. 13.43 132.96 1.26 0.00 1.7 6.1 0.54
East Ind.Syntex 13.32 0.00 -1.32 0.00 6.1 -14.3 0.00

Futures & Options Quote

 
Expiry Date
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Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
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Key Information

Key Executives:

K L Jain , Chairman & Managing Director 

D S Dhaliwal , Nominee (PSIDC) 

P C Gupta , Nominee (UTI) 

O P Sahni , Director 


Company Head Office / Quarters:
B-35 Phase V,
Focal Point,
Ludhiana,
Punjab-141010
Phone : 91-161-674464-65
Fax : 91-161-674465
E-mail :
Web : http://
Registrars:
Arihant Cotsyn Ltd
B-35 Phase V
Focal Point

Ludhiana - 141 010

Fund Holding

 
Scheme Name No. of Shares
No data found

Calendar

Apr-2014
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