Indo Rama Synthetics (India) Ltd

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INDORAMA •
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Start SIP in Indo Rama Synthetics (India) Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
44.21% Gain from 52W Low
-7.9
TTM PE Ratio
Negative PE TTM
-8.5
Price to Book Ratio
Above industry Median
2.4
Dividend yield 1yr %
0
TTM PEG Ratio
0
RSI
RSI is mid-range
42.3
MFI
MFI is mid-range
47.7

Indo Rama Synthetics (India) Ltd Key Financials

*All values are in ₹ Cr.

Indo Rama Synthetics (India) Ltd shareholding Pattern

Promoter
74.8%
Foreign Institutions
0.2%
Domestic Institutions
3.1%
Public
21.9%

Indo Rama Synthetics (India) Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
3
Bearish Moving Averages
13
5Day EMA
52.40
10Day EMA
53.30
12Day EMA
53.70
20Day EMA
54.70
26Day EMA
54.90
50Day EMA
54.80
100Day EMA
53.60
200Day EMA
52.40
Delivery & Volume
Resistance & Support
52.42
Pivot
Resistance
First Resistance
52.88
Second Resistance
53.42
Third Resistance
53.88
Support
First Support
51.88
Second support
51.42
Third Support
50.88
Relative Strength Index
42.31
Money Flow Index
47.74
MACD
-1.21
MACD Signal
-0.49
Average True Range
2.91
Average Directional Index
18.07
Rate of Change (21)
-0.76
Rate of Change (125)
7.06

Indo Rama Synthetics (India) Ltd Company background

Founded in: 1986
Managing director: O P Lohia
Incorporated in Apr.86, Indo Rama Synthetics (India) (IRSIL) is a manufacturer of polyester filament yarn (PFY), polyester staple fibre (PSF), draw texturised yarn (DTY), specialty fiber and chips. The Company is also engaged in trading of spun yarn and power generation, used primarily for captive consumption. The Company is Indias largest dedicated polyester manufacturer with an integrated manufacturing complex at Butibori near Nagpur (Maharashtra), with an annual capacity of 6,10,050 tonnes comprising Polyester Stable Fibre (PSF), Filament Yarn, Draw Texturised Yarn, Fully Drawn Yarn and Textile grade Chips. The Company commenced business in Nov.86. Promoted by M L Lohia and A P Lohia to manufacture synthetic yarn, PSF and POY. In Sep.93, IRSIL issued FCDs to partfinance its Rs 5.55cr expansioncumbackward integration project to manufacture partially oriented yarn (POY) and polyester staple fibre (PSF) at Butibori, near Nagpur which commenced commercial production in Mar.95. Through debottlenecking, polyester production touched 810 tonnes per day. This is slated to reach 860 TPD by 200203.IRSIL has technical collaborations with Chemtex International, US, and M/s Dupont, US, and barmag, Germany, for the POY and polyester chip projects and Toyobo, Japan, for the PSF project. IRSIL exports its products to the US, Germany, France, Belgium, etc. The companys 100% EOU at Pithampur has been awarded the ISO 9002 certification.The new plant for manufacture of PSF at Nagpur is being implemented and production is expected to commence on 200405. After commissioning the capacity of Polyster Staple Fibre would be 450,000 tpa from the present 300,000 tpa. This expansion is being executed in partnership with Zimmer AG, Germany.The company successfully commissioned the mini expansion for PFY/FDY capacity by 70 tonnes per day(25000 p.a and DTY capacity by 27 tonnes per day (9800 tonnes p.a). The total cost of the project was Rs.48 crores. This project was funded by DEF Euro loan of Rs.26 crore,SBI Yen loan of Rs.17 crore and the rest through internal accruals. As a restructuring measure the company has demerged its spun yarn business into a separate company,Indo Rama Textiles Limited while retaining its polyster business with itself. This demerger was done after securing necessary approvals from the Shareholders of the company. Pursuant to this demerger shareholders were allotted 20 shares in IRTL for every 100 shares held in the company while continuing to hold 80 shares in the company. As a step towards leveraging information for value creation, the Company has rebuilt its information backbone around an ERP application by implementing SAP R/3 package that links all business activities of the organisation. The Company also plans to focus on strategic IT initiatives like Eenabling, supply chain management and CRM. It is exploring new markets in Latin America,Argentina,Columbia and Venezuela.During 20052006, the company has taken up expansion of Polyester production capacity from 800 tonnes per day to 1600 tonnes per day for both Polyester Staple Fibre and Partially Oriented Yarn. The expansion is expected to completed in a phased manner from June, 2006 onwards. After this expansion the Polyester capacity of the Company will increase to around 6,00,000 tpa. at a single location in Butibori, Nagpur.The companies production capacity of Draw Texturised Yarn, Draw Twisted Yarn, Polyester Staple Fibre, Polyester Chips and Polyester Filament Yarn stood at 32025 tpa, 132300 tpa, 52500 tpa and 126000 tpa respectively.In 201112, the Company commissioned the heat treatment media (HTM) project of replacing Furnace Oil (FO) to coal for heat treatment commissioned 11 MW coalbased captive power plant.
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Indo Rama Synthetics (India) Ltd FAQs

Indo Rama Synthetics (India) Ltd shares are currently priced at 52.35 on NSE and 52.39 on BSE as of 2/21/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Indo Rama Synthetics (India) Ltd [INDORAMA] share was 17.5. The Indo Rama Synthetics (India) Ltd [INDORAMA] share hit a 1-year low of Rs. 36.3 and a 1-year high of Rs. 67.1.

The market cap of Indo Rama Synthetics (India) Ltd is Rs. 1366.93 Cr. as of 2/21/2024 12:00:00 AM.

The PE ratios of Indo Rama Synthetics (India) Ltd is 0 as of 2/21/2024 12:00:00 AM.

The PB ratios of Indo Rama Synthetics (India) Ltd is 2.58 as of 2/21/2024 12:00:00 AM

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