Indo Gulf Industries Ltd


BSE: 506945 | NSE: NA | ISIN: NA 
Market Cap: [Rs.Cr.] 1 | Face Value: [Rs.] 1
Industry: Chemicals

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Company Profile

Incorporated in Mar.'81 as Indo Gulf Explosives, Indo Gulf Industries got its present name in 1994. It was promoted as a joint venture between PICUP, UPSIDC and three other entrepreneurs -- Dr S K Garg, B K Agarwal and M K Garg. The company manufactures industrial explosives and accessories, with manufacturing facilities at Jhansi, Korba, Singrauli, Talcher and Ib Valley. Its products include slurry mixed explosives, detonator fuses and cast boosters. The explosives are used in open-cast mines, mostly by coal mines. The company entered into a technical collaboration with Trans Ocean Gulf Oil, US, to manufacture explosives. In Feb.'95, the company came out with an issue of fully convertible debentures to part-finance setting up a 2500-tcd sugar plant (expandable to 3500 tcd) to manufacture white crystal sugar at Meizapur Gonda district, with the co-generation of 6 MW of power. The entire quantity of molasses will be sold to various distilleries to manufacture potable and industrial alcohol. Bagasse will be used for the co-generation of power. Sugar plant commercial production started during March, 1996. The companyhas also planned to expand its operation by increasing the number ofsupply points for bulk loading explosives with addition of another bulkloading unit at Mahakurla village in Chanderpur district. The plants tosupply emulsion explosives manufactured in technical collaborationwith Gulf Oil Corporation are being set up at Gobarghora in Korba and Jayant in Singrauli. The company would continue to supply explosivesfrom the bulk loading units at these sites. The company is planning to set-up a new packaged Explosive Unit in Bendrachuan village on Madya Pradesh to meet the supply of catridge explosives and accessories to various mines of Coal India Ltd in that area.The Emulsion Plant at Korba has been commissioned during the year 1999-2000.

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Pidilite Inds. 16,477.53 34.34 9.51 19.58 29.7 36.6 0.10
Castrol India 14,866.51 30.12 29.50 20.39 71.4 104.3 0.00
Godrej Inds. 10,514.57 186.55 6.50 56.01 2.7 4.8 0.50
Guj Fluorochem 3,473.94 28.61 1.39 5.44 17.2 20.8 0.37
BASF India 3,438.31 24.30 3.01 11.60 10.4 12.8 0.26
Linde India 2,772.45 246.29 1.94 15.35 4.1 4.0 0.75
Clariant Chemica 1,897.39 22.63 3.30 6.48 15.2 19.8 0.00
Solar Inds. 1,795.16 20.09 4.54 17.76 25.2 20.7 0.70
Micro Inks 1,584.47 11.78 1.98 0.00 18.5 25.5 0.38
Gulf Oil Corpn. 1,164.02 22.32 2.70 6.31 12.7 13.7 0.66
Aarti Inds. 1,068.96 7.61 1.58 4.11 22.1 18.3 1.24
Tide Water Oil 707.82 10.06 2.00 5.43 19.1 26.6 0.00
Elantas Beck 511.45 16.11 4.72 21.75 15.1 19.7 0.00
Deepak Nitrite 489.58 15.36 1.75 7.35 12.9 10.2 1.14
Wimco 482.78 165.32 67.43 0.00 6.8 1.9 0.05

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:

Arvind Krishna Saxena , Director  

Vimal Kumar Jain , Director  

Shyam Lal Gouniyal , Director  

Gorachand Dutta , Director  


Company Head Office / Quarters:
No 213 Rectangle 1,
D-4 District Center Saket,
New Delhi,
New Delhi-110017
Phone :
Fax :
E-mail : igilinvestorgrievance@rediffmail.com
Web : http://
Registrars:
Indo Gulf Industries Ltd
213 Rectangle-1
D-4 District Cent Sa

New Delhi - 110 017

Fund Holding

 
Scheme Name No. of Shares
No data found

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