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rishi techtex ltd (523021) Details

Rishi Techtex Limited engages in the manufacture and sale of HDPE/PP woven sacks and shade nets in India. The company provides knitted shade nets for the agriculture/horticulture field, drying grapes, vermicomposting, car parking, fencing for privacy, interior decoration, pallet wrapping, and fruit collection; wind breakers; cattle shed/poultry sheds; scaffolding nets; swimming pool covers; deck and patio covers; bird nets; and shade sail fabrics. It also offers laminated/unlaminated PP woven sacks for packing fertilizers, cement, plastics polymers, chemicals, bale coverings, tarpaulins, sugar, food grains, salt, sand, etc. In addition, the company provides Rachel bags for packing various fruits and vegetables. It serves cement, petrochemical, other industries. The company also exports its products to the United Kingdom, the Middle East, Central America, Portugal, Africa, Australia, and New Zealand. The company was formerly known as Rishi Packers Limited and changed its name to Rishi Techtex Limited in February 2011. Rishi Techtex Limited is based in Mumbai, India.

rishi techtex ltd (523021) Top Compensated Officers

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rishi techtex ltd (523021) Key Developments

Rishi Techtex Limited Reports Audited Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2013

Rishi Techtex Limited reported audited earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported net sales/income from operations of INR 96.247 million compared to INR 94.982 million a year ago. Profit from operations before other income, financial costs & exceptional items was INR 3.712 million compared to INR 5.710 million a year ago. Loss from ordinary activities before tax was INR 0.963 million compared to profit from ordinary activities before tax of INR 1.791 million a year ago. Net loss was INR 0.963 million or INR 0.17 per basic and diluted share before and after extraordinary items compared to net profit of INR 1.791 million or INR 0.32 per basic and diluted share before and after extraordinary items for the same period a year ago. For the full year, the company reported net sales/income from operations of INR 355.303 million compared to INR 357.164 million a year ago. Profit from operations before other income, financial costs & exceptional items was INR 5.527 million compared to INR 23.445 million a year ago. Loss from ordinary activities before tax was INR 9.617 million compared to profit from ordinary activities before tax of INR 10.551 million a year ago. Net loss was INR 9.617 million or INR 1.74 per basic and diluted share after extraordinary items compared to net profit of INR 10.551 million or INR 1.91 per basic and diluted share after extraordinary items for the same period a year ago.

Rishi Techtex Limited, Board Meeting, May 30, 2013

Rishi Techtex Limited, Board Meeting, May 30, 2013. Agenda: To consider audited financial results for the fourth quarter and year ended March 31, 2013.

Rishi Techtex Limited, Annual General Meeting, Jun 17, 2013

Rishi Techtex Limited, Annual General Meeting, Jun 17, 2013.

 

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Price/Cash Flow 20.6x
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