Duck Tarpaulins Ltd

BSE: 4474 | NSE: 512620 | ISIN: INE966D01018 
Market Cap: [Rs.Cr.] 0.87 | Face Value: [Rs.] 10
Industry: Packaging

Company Profile

Incorporated on 20 Oct.'92, Duck Tarpaulins was promoted by Velji Mulchand Thakkar, Dwarkadas Velji Thakkar, Rameshchandra Velji Thakkar, Harishchandra Velji Thakkar, Sreenivas Neelkanth Talwalkar, Dhanshree Sreenivas Talwalkar and Akshay Dwarkadas Thakkar. The company is engaged in the manufacture and marketing of PE tarpaulins and other allied products like woven fabric, laminated fabric with an installed capacity of 3250 tpa. PE tarpaulins are used to cover open trucks and railway wagons, commercial vehicles, ships and boats, swimming pools, sugar, cement, fertiliser, etc. The product is also used in government departments -- food, defence, electricity, irrigation, agriculture, etc -- and also used to construct temporary habitation. The company came out with a public issue in Nov.'94 to part-finance the company's project to manufacture 3250 tpa of PE tarpaulin. The company markets its products under the brand name Duck Tarpaulins. It has exported the product to the US, the Netherlands, Germany, Australia and west Asia. The fabrication stage of the production process is labour intensive giving the Indian manufacturers an edge over producers from other countries. In 1997-98, the company has made sales of Rs 615.60 lakhs (Previous Year Rs. 970.27 lakhs) and incurred loss of Rs 283.81 lakhs as against loss of Rs 137.47 lakhs in the previous year. Since the accumulated losses of the company as at 31st March 1998 amounted to Rs 406.86 lakhs, under the terms of section 23 of Sick Industrial Companies (Special Provisions) Act, 1985 (SICA), the company has become 'Potentially Sick' and more than fifty per cent of the net worth of the company has been eroded.

India Infoline Research
No Related Research Found
Related News
No Related Research Found
Futures & Options Quote
Future Data Not present
Key Information

Key Executives:

Velji M Thakkar , Chairman

Ramesh V Thakkar , Managing Director

Dwarkadas V Thakkar , Vice Chairman

Harish V Thakkar , Director


Company Head Office / Quarters:

Yogeshwar,
135/139 Kazi Sayed Street,
Mumbai,
Maharashtra-400003
Phone : Maharashtra-91-22-3426262-63-64 / Maharashtra-
Fax : Maharashtra-91-22-3424332 / Maharashtra-
E-mail :
Web :

Registrars:

Intime Share Services Pvt Ltd
260-A Shanti Ind Est,Sarojini Naidu Road,Mulund (W),Mumbai - 400080

 
Fund Holding
Scheme Name No. of Shares
 
 
Better Investment Avenue

Check whether Taxed / Tax free investment avenue is better for you

  Taxed Avenue Tax-Free Avenue
Investment amount (Rs.)  
Tenure of Investment (years)  
Interest earned (% p.a)
Compounded every
Your tax bracket (%)