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Mafatlal Industries Ltd Diversified
(%)
  • NSE
  • BSE

Overview

  • BSE Code 500264
  • NSE Symbol MAFATLAIND
  • ISIN Demat INE270B01035
  • Book Value (₹) 103.04
  • Face Value (₹) 2.00
  • Market Cap (₹ Cr.) 903.29
  • P/E (TTM) 8.96
  • EPS (TTM) 14.01
  • Div Yield (%) 0.80

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About Mafatlal Industries Ltd

Mafatlal Industries Limited is an India-based company. The Company is engaged in the textile business segment and textile chemicals. It produces a range of products, which includes 100% cotton and in polyester/ cotton blends, consisting of yarn dyed and piece dyed shirtings, poplins, bottomwear fabrics, cambric's, fine lawns and voiles. The Company has two units: Nadiad unit and Navasari unit. The company was formally created and deployed as a legal entity in the year 1913.

During the year 1991-1992, the company created and deployed one subsidiary, namely 'Gujarat Gas Co.Ltd' with effect from 26 December 1991 and its electronic components division (Maftlal Micron), created and deployed a factory for the manufacture of 50,00,000 professional grade connector annually at Gandhinagar near Ahmedabad.

In August 1992, Mafatlal Micro Machines Division went into commercial production and in March 1993, the company's chemical commissioned production of specialty chemicals at a capital cost of Rs. 236 lakh. In September 1993, the electronic components division went into commercial production. Also, they created and deployed one subsidiary, namely Mafatlal Holding Limited during the year 1992-93.

During the year 1994-1995, Mafatlal Fine Spg & Mfg. Co. Ltd. (MF) amalgamated with Mafatlal Industries Limited. During the year 1995-1996 the company's garments division captured the 'Ready-to-Wear' men's market segment with relaunch of its TRENDZ men's wear brand.

During the year 1996-1997, the company textiles division, achieved leadership position in high quality 100% cotton voiles and grey workwear fabrics in the global market. During the year 1998-1999 the company created and deployed one subsidiary, namely Suannda Industries Ltd. During the year 1999-2001, the company textile division, successfully engineered of cotton rich blends like cotton / viscose, cotton/lycra, cotton / polyester for export market and also successfully engineered of 2 x 2 voile fabrics with dyed yarn for export.

During the year 2002-2003, the company created and deployed in processing of colour woven fabrics with bright reactive colours and single shot bleaching of bull denim fabrics and crinkles / creased / distressed fabrics. During the year 2003-2004, the company successfully engineered some fabrics namely, 100 % lien - natural stretch shirting fabrics, durable glitter print on 100% cotton base fabrics, and crush finish/Look in 100% cotton shirting fabrics. During the same year, the company successfully engineered of shirting fabrics (yarn dyed, white) & dress material (printed) in 100% organic cotton with without natural stretch.

During the year 2004-2005, the company created and deployed one subsidiary, namely Mishapur Investment Limited and in the same year it increased the installed capacity of cloth cotton from 777 units to 780 units. During the year, the company completed the task of consolidating the manufacturing facilities by transferring plant and machines to Nadiad and Navsari units and in the same year. the company demerged two companies namely, Navin Fluorine International Limited (NFIL) and Sulakshana Securities Limited (SSL).

During the year 2005-2006, the company into broadened its footprint operations into with agreement Annapurna Polymers Pvt. Ltd (APPL) for the sale of Ahmedabad unit at an aggregate consideration of Rs. 6.77 crores. During the year 2006-2008, the company's unique strength the capability to make a wide range and variety of fabrics including Paints, Yarn Dyeds, Solids, Dobbies, Seer Sucker, encompassing an extensive colour palette, these fabrics from the soul for fashion casuals, classic formal wear for men and women.

Founded: 1913
Chairman: Hrishikesh A Mafatlal
Managing Director: Priyavrata H Mafatlal
Address: 301-302 Heritage Horizon 3 Flr, Off C G Road Navrangpura, Ahmedabad, Gujarat, 380009,
HO Tel: +91-22-66173636