Profitable Yarn Goods Company Investment Opportunity in Kharagpur, India

The company manufactures various products for the automobile industry, electrical insulation, molten metal filtrations for the aluminum industry, filter fabrics for boiler houses, high-temperature applications, and components of lead acid batteries including tubular bags-both woven and non-woven, PVC silica separators and certain plastic components.

Clients: - Henkel, Fixon, PCP, CG-PPI, Exide, Luminous, Dixon, Emark, Nitto, Livguard, and Okaya.

EPS growth rate: - 24.62%

Products poly glass, separator; fiber glass products like coated fabrics, combo bags, plastic components, high silica fabric, engineer yarn, and silicon-coated fabric.

Land, buildings, plant & equipment, furniture, vehicles, office equipment.

Currently, we have four manufacturing plants for forming and weaving units. The main plant is located at Kharagpur in West Bengal, whereas others are at Gagret in Himachal Pradesh, Bengaluru in Karnataka, and at Dhaka in Bangladesh.

Our debt/equity ratio is 0.57.

The company has 5 shareholders where the shareholding is 24.13%, 12.15%, 51.0%, 5.5%, and 2.08% respectively. 51% is held by a foreign entity.

The number of shares outstanding is 10,50,771.