Fiberweb (India) Ltd Overview
Fundamentals of Fiberweb (India) Ltd
|P/E Ratio (TTM)||14.66|
|Debt to Equity||0|
Financials of Fiberweb (India) Ltd
|Mar 2022||Jun 2022||Sep 2022||Dec 2022|
|Profit before tax||0.22||2.3||2.21||2.2|
|EPS in Rs||0.44||0.59||0.57||0.52|
About Fiberweb (India) Ltd
PVD Plast Mould Industries (PVD) was incorporated on 22 Oct.'85. The company was initially promoted by the Kanakia family and thereafter Pravin V Sheth and Sudhir V Sheth joined the promoters. Other g ... roup companies include Bharat Pipes & Fittings and Kunststoffe Industries. It came out with a rights issue at a premium of Rs 15 aggregating Rs 8.75 cr in Nov.'93. The object of this issue was to part-finance the proposed modernisation-cum-diversification scheme. The total project cost was estimated at Rs 10.50 cr. The company's products include jerry cans, caps, lids, gate valves, foot valves, crates, water tanks and vessels. It also has two 100% export-oriented divisions manufacturing waste-bags and spun-bonded non-woven polypropylene fabrics. Its clients include Hindustan Petroleum, BPCL, IOC, Standard Industries and Pidilite Industries. The company has a buy-back arrangement for its entire output of waste-bags guaranteed by Corovin, the world leader in supply of the product. PVD has also made arrangements with two companies, in the US and Germany, to sell its entire output of polypropylene fabrics. Read More
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