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Metal Coatings (India) Ltd Steel
(%)
  • NSE
  • BSE

Overview

  • BSE Code 531810
  • NSE Symbol
  • ISIN Demat INE161E01014
  • Book Value (₹) 57.56
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 53.48
  • P/E (TTM) 22.60
  • EPS (TTM) 3.23
  • Div Yield (%) 1.37

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About Metal Coatings (India) Ltd

Metal Coatings (India) (MCIL) was formally created and deployed as a legal entity in Dec.'94, to take over the assets and liabilities of Metal Coatings (India), a partnership firm created and deployed in 1988. MCIL assumed full control of the operations of the firm on Mar.'95. It was promoted by R C Khandelwal, R S Khandelwal and V P Khandelwal.

The company is engaged in the business of manufacturing galvanised steel cable tapes (GST) for polyethylene insulated jelly filled (PIJF) cable industry. Its manufacturing facilities are located at Faridabad, Uttar Pradesh, with an installed capacity of 3200 tpa. The capacity was increased to 7400 tpa by adding galvanising line. The company caters to the requirements of the telecom sector.

In 1995-96, the company envisaged to enhance its capacity to 13200 tpa through an expansion-cum-backward integration scheme. In order to meet its requirement of CRCA strips, MCIL is installing a cold rolled (CR) mill of 13,000 tpa, CR slitting unit of 12,300 tpa and other balancing equipments. It came out with a public issue in Mar.'96 to part-finance its project.

During the year 1999-2000, the company achieved a turnover of Rs.5004.94 lacs, a growth of 16% over the previous year.

Founded: 1994
Chairman: R C Khandelwal
Managing Director: Pramod Khandelwal
Address: 912 Hemkunt Chambers, 89 Nehru Place, New Delhi, New Delhi, 110019,