RLF Ltd


BSE: 512618 | NSE: NA | ISIN: INE629C01014 
Market Cap: [Rs.Cr.] 4 | Face Value: [Rs.] 10
Industry: Textiles - Products

 Discuss this stock

Management Discussions

MANAGEMENT DISCUSSION

INDUSTRY SCENARIO

The global economy remains in a slow and sluggish mode mainly due to the continuingreversionary conditions in the USA. Aiso, many countries in the EC are also coming underthe slowdown blanket This has impacted the demand for textiles and clothing in the USA andthe Europe and, the textile industry in both India and China has fallen into the slowgrowth phase despite good post-quota period performance over 2005-06. Both Indian andChinese textile exports have come down in last 9 months.

With a view to finding new markets for the textile industry and reducing dependence onthe US and the European Union (EU), India has begun promoting itself in Japan. Moreover,the imposition of caps on certain import segments from China by European Union & UShas opened up the opportunities in India.

India's total textile exports for the year ending March 2009 is expected to be flatcompared with the previous year, as a falling rupee offset losses in the first six months,

OUTLOOK

Embroidery serves as the major value addition factor for manufacturing garments andmade ups and the main emphasis of the company is to concentrate on orders from embroideryexporters. But due to the global recession in the market, increased fuel prices.inflationary pressure the company will not be able to maintain the sales targets achievedduring the last two -three years.

The company is also looking at alternative avenues and has ventured into undertakingassignments as contractors for civil and other works including alternations andbeatification of premises. This could yield substantial gains to the company in the comingyears.

THREATS. RISK AND CONCERNS

Like any other industries the textile embroidery business is exposed to competitionfrom other developing countries to deliver goods at competitive price at low cost. Therupee appreciation will also effect the business of the company and if the rupeeappreciated any further the exporters will be adversely effected which indirectly effectsthe profit margins of the company.

Research & Development (R&D)

Research & development of our new services ,designs,process and methodologiescontinue to be of importance to us. This allows us to enhance quality,productivity andcustomer satisfaction through continuous innovation.

   

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 8,875.73 62.82 30.71 28.12 61.2 58.5 0.53
Trent 4,057.88 176.98 3.08 32.92 1.9 2.5 0.16
Shoppers St. 3,256.29 90.12 4.47 21.89 5.2 9.5 0.55
Future Retail 2,839.55 0.00 0.87 7.35 0.7 7.0 1.49
Raymond 2,549.73 80.66 2.32 9.02 3.2 7.3 1.30
Welspun India 2,326.76 24.47 2.19 4.55 17.2 13.2 1.71
Bombay Rayon 2,165.71 0.00 0.80 8.39 6.1 8.6 1.21
Kewal Kir.Cloth. 2,123.04 32.92 7.31 9.87 22.3 30.8 0.06
Rupa & Co 1,758.54 28.32 6.51 12.80 29.1 26.7 0.90
Future Lifestyle 1,587.73 0.00 1.12 3.47 -42.7 -7.8 1.05
Kitex Garments 1,234.53 20.98 7.09 4.12 38.7 37.5 0.79
Trident 1,010.45 5.13 0.79 4.22 7.3 10.8 3.33
K P R Mill Ltd 857.03 6.56 1.13 2.27 15.9 15.9 0.92
Mandhana Indus 775.50 13.09 1.54 8.38 14.7 13.9 1.75
Zodiac Cloth. Co 727.22 55.65 4.13 14.47 8.6 12.0 0.25

Futures & Options Quote

 
Expiry Date
NA
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
View detailed F& O quotes >>

Key Information

Key Executives:

Anil Kumar Khanna , Chairman  

Ashwini Kumar , Director  

B L Khurana , Director  

Suman Kapur , Director  


Company Head Office / Quarters:
14 Kms Gurgaon-Pataudi Road,
Village Jhund Sarai Veeran,
Gurgaon,
Haryana-122016
Phone :
Fax :
E-mail :
Web : http://
Registrars:
Link Intime India Pvt Ltd
A-40 II Flr Phase-II
Naraina Indl Area
Near Batra Banquet
New Delhi - 110 028

Fund Holding

 
Scheme Name No. of Shares
No data found

Calendar

Aug-2014
M T W T F S S
28 29 30 31 01 02 03
IPO
listIssue Open : Vishal Fabrics
Economic Events
list No economic event today
Results
list Grasim Inds | Andhra Bank | J & K Bank | Persistent Sys