Chart is not available for Cosmo Ferrites Ltd. Please visit after some time.
Meanwhile check Top Gainers - bse for today here: Top Gainers bse
Cosmo Ferrites Ltd Overview
Fundamentals of Cosmo Ferrites Ltd
|P/E Ratio (TTM)||NA|
|Debt to Equity||NA|
Financials of Cosmo Ferrites Ltd
Financials data is not available for Cosmo Ferrites Ltd. Please visit after some time.
About Cosmo Ferrites Ltd
Promoted by Ashok Jaipuria and his associates, and Cosmo Films, Cosmo Ferrites (CFL) has been manufacturing soft ferrites since 1988 at its plant in Solan, in Himachal Pradesh. It was set up in te ... chnical collaboration with Veb Elektro-Consult, Germany. The types of ferrite core manufactured by CFL include U and E cores (used in power transformers for SMPS, telecommunication, computers and lighting systems) and yoke rings (used in deflection yokes of TVs). CFL classifies the U and E cores as nitrogen cores, and yoke rings as oxygen cores, according to the atmosphere prevalent at the sintering stage. Though the cost of producing the latter is lower, the value-addition is greater in the former. Owing to a buy-back agreement with the collaborator, CFL's performance in the first year, 1988-89, was noteworthy. But since the technology transferred was poor, the company had various manufacturing problems. The tie-up was subsequently called off in 1989. In the red between 1989 and 1993, this company made a maiden net profit of Rs 2.6 cr on a turnover of Rs 11.64 cr in 1993-94. The export earnings from granulates has grown at a CAGR of 56% to Rs 2 cr in 1993-94. A major portion of this additional income is pumped into R & D. CFL ensures that these buyers do not compete with it in the international market for its ferrite cores. Its technology has already been accepted by its buyers and bulk orders are being received. The company is also trying to tap the Eastern Bloc. It is expanding its capacity for nitrogen products from 300 tpa to 900 tpa, and for powder, from 900 tpa to 2400 tpa. The increased production will start in 1996-97. The expansion of capacity will result in significant economies of scale and increased profits. Company has increased its market shares substantially with the domestic CTV manufactures and company now having a wider customer base in different geographic locations. As a results company components exports doubled. The company enjoys IECQ (Geneva) certification as well as ISO 9002 approval. Customers, both domestic and overseas, have appreciated the quality of the company's products through increased purchases. During 1998-99 company earned Foreign exchange amounting to Rs 8.60 crs. During the year 2000-01 the company has achieved the best ever performance in sales due to a)reconfiguration of manufacturing systems b)focussing on new product development c)reducing the debt-burden substantially through rights issue and because of that debt-equity ratio has significantly come down when compared to the previous year. The company is planning to increase the installed capacity of component from the current 1350 MT PA to 2050MT PA.The cost of the project are funded through internal accruals as well as borrowings. Read More
|Stocks||Market Cap (cr)||Market Price (₹)||52 Week Low-High (₹)|
|Kaynes Technology India Ltd||₹8,299.26||
|1390 - 1453|
|Fedders Electric & Engineering Ltd||₹15.63||
|4.6 - 4.6|
|Genus Power Infrastructures Ltd||₹2,355.20||
|91.7 - 98.9|
|Orient Electric Ltd||₹5,133.58||
|235.05 - 242|
|Opal Luxury Time Products Ltd||₹14.45||
|43 - 43|
What is the Share price of Cosmo Ferrites Ltd ()?
Can I buy Cosmo Ferrites Ltd () shares?
How do I buy Cosmo Ferrites Ltd () from Angel One?
- Direct investment: You can buy Cosmo Ferrites Ltd () shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Cosmo Ferrites Ltd () shares.