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gmm pfaudler ltd (505255) Details

GMM Pfaudler Limited designs, manufactures, and markets corrosion resistant glass-lined equipment used primarily in the chemical, pharmaceutical, and allied industries in India and internationally. The company’s Chemical Process Equipment segment offers reactor systems product line, which primarily includes glass-lined corrosion resistant reactors, storage vessels, and alloy steel equipment. Its Mixing System segment provides economix agitators that provide solutions to customer’s mixing requirements, as well as caters to the biotechnology, mining, and wastewater treatment industry. The company’s Filtration & Separation segment offers agitated nutsche filters and filter dryers for separation of solids and liquids, and wiped film evaporators for separation of liquids and liquids. GMM Pfaudler Limited also undertakes design and fabrication of specialized chemical process equipment in alloy steel. The company was formerly known as Gujarat Machinery Manufacturers Limited and changed its name to GMM Pfaudler Limited in 1999. The company was founded in 1962 and is headquartered in Mumbai, India. GMM Pfaudler Limited is a subsidiary of Pfaudler Inc.

Founded in 1962

gmm pfaudler ltd (505255) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: 8.0M
Executive Director
Total Annual Compensation: 2.5M
Compensation as of Fiscal Year 2014.

gmm pfaudler ltd (505255) Key Developments

GMM Pfaudler Ltd. Appoints Amrita Patel as Additional Independent Director

GMM Pfaudler Ltd. announced that the Board of Directors of the company has appointed Dr. Amrita Patel as an additional Independent Director with effect from December 11, 2014.

GMM Pfaudler Ltd. Announces Second Interim Dividend for Fiscal 2015

GMM Pfaudler Ltd. announced a second interim dividend of INR 0.70 per share for fiscal 2015 to be paid to the shareholders of record date November 14, 2014.

GMM Pfaudler Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

GMM Pfaudler Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported total income from operations (net) of INR 574.86 million compared to INR 496.91 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 74.14 million compared to INR 46.41 million a year ago. Profit from ordinary activates before tax was INR 78.90 million compared to INR 52.72 million a year ago. Net profit was INR 53.87 million or INR 3.69 per basic and diluted share compared to INR 35.52 million or INR 2.43 per basic and diluted share a year ago. For the six months period, the company reported total income from operations (net) of INR 1,045.14 million compared to INR 891.34 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 114.23 million compared to INR 66.56 million a year ago. Profit from ordinary activates before tax was INR 131.62 million compared to INR 78.71 million a year ago. Net profit was INR 88.41 million or INR 5.91 per basic and diluted share compared to INR 52.86 million or INR 3.62 per basic and diluted share a year ago.

 

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