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National Plastic Industries Ltd Overview
Fundamentals of National Plastic Industries Ltd
|P/E Ratio (TTM)||NA|
|Debt to Equity||NA|
Financials of National Plastic Industries Ltd
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About National Plastic Industries Ltd
National Plastic Industries Ltd, a part of National group of company is engaged in the manufacture of moulded furniture. The company is an ISO-9002 accredited company. They have a diversified product ... mix of plastic crates, house wares, molded furniture, custom moldings, and sanitary wares sold under the brand name National Plastic; and the Touchwood brand of wooden furniture products comprising of TV trolleys, computer trolleys, shoe racks, and wall units. The company offers a choice of over 60 models to suit all applications and all kinds of budgets. They also produce plastic crates for the beverage industry, which includes customers like Pepsi, Coca-Cola, and Cadbury Schweppes. They have their sales and marketing offices at Bhatinda, Ghaziabad, Jaipur, Trichy and Gurgaon. National Plastic Industries Ltd was incorporated on September 17, 1987 as a private limited company with the name National Plastic Industries Pvt Ltd. In the year 1993, the company became a public limited company and the name was changed to National Plastic Industries Ltd. In August 1994, the company came out with a public issue to part-finance a Rs 15.12 crore project for manufacturing various injection-moulded products. The project went on stream even before the public issue. They expanded their Plastic Houseware products to 7000 TPA. During the year 1998-99, the company introduced 8 new models of chairs and 3 new models of tables & stools. During the year 2001-02, they introduced 4 new models of chairs and 1 new model of stool. In March 2006, the company successfully entered into retail segment with the launch of 'Touchwood' brand of wooden furniture products comprising of T.V. Trolley, Computer Trolley, Shoe Rack and Wall Units. These products were launched at Pune, Mumbai & Ahmedabad. In October 2008, the company sold their undertaking comprising of land and building situated at Thane. During the year 2009-10, the company opened two more branches to sell their products. At present, the company is concentrating mainly on furniture product and household product. Household product is being manufactured only to cater export market. Read More
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