Sree Rayalaseema Alkalies & Allied Chemicals Ltd


BSE: 507753 | NSE: SREERAYALK | ISIN: INE284B01028 
Market Cap: [Rs.Cr.] 78 | Face Value: [Rs.] 10
Industry: Chlor Alkali / Soda Ash

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Company Profile

Sree Rayalaseema Alkali and Allied Chemicals, the flagship company of TGV Group, manufactures caustic soda, liquid chlorine, hydrochloric acid, hydrogen and barium sulphate. The company started commercial production in Aug.'88 with an initial installed capacity of 22,440 tpa of caustic soda. Presently the company has the capacity to produce 69500 TPA of caustic soda The company uses Bipolar Membrane Cell Technology, the latest one in the world for the manufacture of caustic soda and allied products. Since Chlor Alkali industry is power intensive the company is taking necessary steps to increase it's captive power generation. Initially it has installed two D G sets with a total capacity of 12.4 MW for optimum utilisation of installed capacity. The company has also produces 3MW of power from it's Wind power farm set up at a cost of Rs.11.20 part financed by IREDA to the tune of 8.37 Crores. The company has set up a power plant at Bellary with a capacity to produce 37.8 MW of power for commercial. The Bellary plant started commercial operation in Oct 2000. It has implemented its modernisation and diversification of the castor oil derivative plant. It is embarking on certain cost-effective and plant upgradation programmes like installing flaker facility to convert the caustic soda lye to value-added flakes, which will also increase flexibilities in production and storage. The company plans to set up a Rs 105-cr PVC plant in Kakinada with financial assistance from IFCI and other financial institutions. The Company has diversified further into the manufacture of Fatty Acids and other Derivatives not only from Castor oil but also from other non-edible oil like Rice Bran Oil.

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Guj Alkalies 1,476.51 7.21 0.75 3.28 9.8 11.5 0.13
GHCL 554.61 3.97 1.03 3.94 14.4 15.2 1.20
Aditya Bir.Chem. 478.68 9.62 1.13 4.94 6.2 12.8 2.18
Kanoria Chem. 179.17 6.56 0.37 10.09 -0.4 0.8 0.28
Chemfab Alkalis 79.87 4.92 0.66 3.16 14.5 20.2 0.11
Sr. Rayal. Alka. 78.48 3.38 0.31 2.74 16.6 14.2 1.44
Lords Chloro 59.73 0.00 1.77 52.25 0.0 0.0 0.13
Punjab Alkalies 44.37 0.00 4.36 3.33 5.0 9.2 3.46
Jayshree Chem. 29.98 0.00 0.86 5.12 1.7 10.1 2.33
Tuticorin Alkali 8.05 0.00 -0.05 0.00 0.0 0.0 0.00
Hukumchand Jute 7.16 0.00 20.67 0.00 0.0 0.0 5.18
Punjab Natl Fert 1.49 0.00 -0.02 0.00 0.0 0.0 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:

M P Murti , Director  

P N Vedanarayanan , Director  

G Krishna Murthy , Director  

O D Reddy , Director  


Company Head Office / Quarters:
Gondiparla,
,
Kurnool,
Andhra Pradesh-518004
Phone : 91-8518-280006/7/8
Fax : 91-8518-280098
E-mail : sralkalies@tgvmail.net
Web : http://www.tgvgroup.com
Registrars:
Aarthi Consultants Pvt Ltd
1-2-285 Domalguda


Hyderabad - 500 0296-2-913/914 3rd Flr
Progressive Towers
Khairtabad
Hyderabad - 500 004

Fund Holding

 
Scheme Name No. of Shares
No data found

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