CHAPTER 4

PROFILE OF SELECTED COMPANIES

4.1 JBF Industries Ltd.: This company was established in 1982 as private
limited company under the name JBF Synthetics. It became a public limited company
in the year 1986 and it has changed its name to JBF Industries Ltd in the year 1989.
This company is listed in BSE and other major stock exchange.
Following table gives a summary of the company
Table no. - 4.1.1

1. Year of incorporation: 1982

2. Nature of industry: Plastic manufacturing

3. Type of organization: Public limited Company

4. Size of industry: Large Scale

5. Nature of activity: Texturing, POY, Spinning, YARN.

6. Financial data of the year 2010

Turnover: Rs.2846.49 crore

Total expenditure: Rs 2483.82crore

Profit before tax: Rs183.00 crore

Profit after tax: RS 129.00 crore

Earning per share: Rs.20.73 (Annualised)

Listing on stock exchange:

CODE IHE187A017 BSE (514034), NSE (58888),ISIN

7. Plant location: Sarigam, GIDC, Athola, (Silvasa)

8. Products of the company: Polyester chips, partially oriented yarn(poy)

Fully draw yarn bottle grade PET

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4.2 Sintex Industries Ltd.: This company was incorporated at Kalol, North
Gujarat in 1975. It produces water tanks, plastic containers, plastic doors and
windows.
Following table gives the summary of the company
Table no. 4.2.1

1. Year of incorporation: 1975

2. Nature of industry : Plastic manufacturing

3. Type of organization: Public Limited Company

4.Size of industry : Large Scale

5. Nature of activity: Manufacturing, Sales

6. Financial data of the year 2010

Turnover: Rs.2103.56 crore

Total expenditure: Rs.1630.42 crore

Profit before tax: Rs. 341.48crore

Profit after tax: Rs.273.70 crore

Earning per share: 20.05

Listing on stock exchange: BSE: 502742, NSE; 58888

7. Plant location: Kalol, Gandhinagar

8. Products of the company: water tanks, plastic containers, plastic

doors &windows

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4.3 Nilkamal Plastics Ltd.: This company was incorporated in 1985.
Following table gives the summary
Table no. 4.3.1

1. Year of incorporation: 1985

2. Nature of industry: plastic manufacturing

3. Type of organization: public limited Company

4. Size of industry: Large Scale

5. Nature of activity: Manufacturing, Sales

6. Financial data of the year 2010

Turnover: Rs 1161.63Crore

Total expenditure: Rs 914.15Crore

Profit before tax: Rs 65.95Crore

Profit after tax: Rs 47.24Crore

Earning per share; Rs 36.96(Annualised)

Listing on stock exchange: BSE; 523385

7. Plant location: New Rakholi bridge ,Silvasa road, DNH.

8. Products of the company: plastic furniture, crates, container, bins

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4.4 INEOS ABS INDIA Ltd.: This company was incorporated in 1973. It
manufactures Acrylonitrile Butadiene Styrene (ABS). The products, location and
financial data of the company are given in the following summary table:
Table no. 4.4.1

1. Year of incorporation: 1973

2. Nature of industry: Plastic manufacturing

3. Type of organization: Public limited Company

4. Size of industry: Large Scale

5. Nature of activity: Manufacturing, Sales

6. Financial data of the year 2010

Turnover: Rs 816.01Crore

Total expenditure: Rs 629.59Crore

Profit before tax: Rs 102.66Crore

Profit after tax: Rs 70.03Crore

Earning per share: Rs 39.82(Annualised)

Listing on stock exchange: BSE: 506222,

7. Plant location: Nandesary, Katol, Baroda.

8. Products of the company: Absolac(ABS), Absolan(SAN), ABS Rasin,

Sheets

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4.5 Essel Propack Ltd.: This company was incorporated in 1984.
The products, location and financial data are given in the following table:
Table no. 4.5.1

1. Year of incorporation: 1984

2. Nature of industry: plastic manufacturing

3. Type of organization: Public limited Company

4. Size of industry: Large Scale

5. Nature of activity: Manufacturing, Sales

6. Financial data of the year 2010

Turnover: Rs 449.29crore

Total expenditure: Rs 332.68Crore

Profit before tax: Rs 44.16Crore

Profit after tax: Rs 34.55 Crore

Earning per share: Rs2.21(Annualised)

Listing on stock exchange: BSE: 500135,

7. Plant location: Amli,vapi main road

8. Products of the company: Lamitubes, Collapsible

Laminated Tubes, Soft Squeeze

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4.6 Plastiblends India Ltd.: This company was incorporated in 1991.
Plastiblends India Ltd was promoted by Kolsite group to manufacture various types of
masterbatches, compounds, blends, alloys etc.
The following table gives the financial data, products and location
Table no. 4.6.1

1. Year of incorporation: 1991

2. Nature of industry: Plastic Manufacturing

3. Type of organization: Public limited Company

4. Size of industry: Medium Scale

5. Nature of activity: Manufacturing, Sales,

Exporter

6. Financial data of the year 2010

Turnover: Rs225.21crore

Total expenditure: Rs 196.63crore

Profit before tax: Rs 14.33crore

Profit after tax: Rs 10.81Crore

Earning per share: Rs16.05 (Annualised)

Listing on stock exchange: BSE: 523648,

7. Plant location: Daman, Airport road.

8. Products of the company: Master Batch, luminescent masterbatch, PET

colour master batch, Fillers, Fibre yarn
Polyester staple fibre, glowing resin
luminescent master batch.

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4.7 Gopala Polyplast Ltd.: This company was incorporated in 1984. Following
table gives various data regarding this company.
Table no. 4.7.1

1. Year of incorporation: 1984

2. Nature of industry: Plastic Manufacturing

3. Type of organization: Public limited Company

4. Size of industry: Large Scale

5. Name of website:
http://www.gopalapolyplast.com

6. Nature of activity: Manufacturing, Sales

7. Financial data of the year 2010

Turnover: Rs 164.63 Crore

Total expenditure: Rs 166.09 Crore

Profit before tax: Rs -5.75Crore

Profit after tax: Rs -4.65Crore

Earnings per share: Rs -2.11(Annualized)

Listing on stock exchange: BSE: 526717,

8. Plant location: Kadi ,Santage, Mehsana.

9. Products of the company: PP woven sacks, PE Woven sacks, woven

Lables

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4.8 Shaily Engineering Plastic Ltd.: This company was incorporated in 1980.
Following table gives the summary of the details of the company.
Table no. 4.8.1

1. Year of incorporation: 1980

2. Nature of industry: Plastic Manufacturing

3. Type of organization: Public Limited Company

4. Size of industry: Medium Scale

5. Nature of activity: Manufacturing, Sales

6. Financial data of the year 2010

Turnover: Rs 96.81Crore

Total expenditure: Rs 82.69 Crore

Profit before tax: Rs 7.53 Crore

Profit after tax: Rs 2.12 Crore

Earning per share: Rs 2.89(Annualised)

Listing on stock exchange: BSE: 501423,

7. Plant location: Rania, Ta.-Savli ,Vadodra.

8. Products of the company: switch, appliances, pharmaceuticals,

home& personal care, furniture &
kitchen, Automotive, industrial
appliances

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4.9 Shree Ram Multi-tech Ltd.: Shree Ram Multi-tech began its journey in
1987 as a simple extrusion coating line and has grown into an international scale
organization offering state of the art packaging solution to a vast customer base. Shree
Ram Multi-tech has invested heavily in the most modern technologies and has one of
the largest integrated facilities for laminated and plastic tubes in the world.
Following table gives the various details regarding the company
Table no. 4.9.1

1. Year of incorporation: 1993

2. Nature of industry: Plastic Manufacturing

3. Type of organization: Public limited

4. Size of industry: Large Scale

5. Name of website: http;//www.srmtl.com

6. Nature of activity: Manufacturing, Sales

7. Financial data of the year 2010

Turnover: Rs 428.92 Crore

Total expenditure: Rs 431.32 Crore

Profit before tax: Rs -13.90 Crore (Loss)

Profit after tax: Rs -9.53 Crore (Loss)

Earning per share: Rs 9.84 (Annualised)

Listing on stock exchange: BSE: 532310

8. Plant location: Moti Bhoyan, Kalol Khatraj Road,

Gandhinagar.

9. Products of the company: Tube Laminates, Flexible Laminates,

Multilayer Tubes, Tarpauline, Plastic
laminates.

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4.10 Acrysil India Ltd.: This company was incorporated in the year 1987.
Following table gives the various details regarding the company.
Table no. 4.10.1

1. Year of incorporation: 1987

2. Nature of industry: Manufacturer

3. Type of organization: Public limited Company

4. Size of industry: Small Scale

5. Nature of activity: Manufacturing, Sales

6. Financial data of the year 2010

Turnover: Rs47.13 crore

Total expenditure: Rs34.65Crore

Profit before tax: Rs 12.00 Crore

Profit after tax: Rs 5.91 Crore

Earning per share: Rs 19.88(Annualized)

Listing on stock exchange: BSE: 524091,

7. Plant location: Navagam, Bhavnagar.

8. Products of the company: Kitchen Sink, Wash Basin& Sink,

Rasinbasin, Carian Acrylic Sink,
Cabinate Sink.

4.11 Shri Jagdamba Polymers Ltd.: Shri Jagdamba Polymers was

incorporated in 1984. The products offered by the company include PP and PE woven
bags and fabrics with and without coating; flexible intermediate bulk containers; box
bags for fiber clothing and used clothing, mattress covers, furniture covers, and
general merchandize covers; Siltfence, a black color woven fabric used in the
construction industry; high-strength and high-tenacity geotextiles; Groundcover, for
weed control; and lumber covers.

The company is located in the Ahmedabad district of Gujarat, the manufacturing unit
has an installed capacity of 4,600 MT of woven fabrics and bags per annum. More
than 80% of the production is exported to USA, Europe, and several other countries.

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The registered office of the company is located at 802, Narnarayan Complex, Near
Navarangpura Post Office, Ahmedabad-380009, Gujarat.

Following table gives the various details regarding the company:

Table no. 4.11.1

1. Year of incorporation: 1984

2. Nature of industry: Packaging Plastic Manufacturer

3. Type of organization: Public limited Company

4. Size of industry: Small Scale

5. Name of website: http://shrijagdamba.com

6. Nature of activity: Manufacturing, Sales

7. Financial data of the year 2010

Turnover: Rs 32.31Crore

Total expenditure: Rs 28.70Crore

Profit before tax: Rs 1.66Crore

Profit after tax: Rs 1.14Crore

Earning per share: Rs 13.01(Annualised)

Listing on stock exchange: BSE: 512453,

8. Plant location: Navrangpura, Ahmedabad, Dholka.

9. Products of the company: PP wovan bags, ox bags, Lumber Covers,

Ground covers, Siltfence, Geotextiles

4.12 Gujarat Craft Industries Ltd.: Gujarat Craft Industries Ltd (GCIL) was
established in 1984. GCIL is located in lush green industrial area, ad-measuring
59000 square yards and built up area of 128000 square feet with state-of the-art
manufacturing plant. GCIL is an ISO 9001:2000 certified company and one of the
fastest growing/leading manufacturers/exporters with wide range of products listed
below. These products are reusable, recyclable and eco-friendly. GCIL has been
serving both domestic and international countries like USA, Canada, European
countries, African countries, Russia, Middle East and other countries for over two
decades. Following table gives the various details regarding the company.

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 Table no. 4.12.1

1. Year of incorporation: 1984

2. Nature of industry: Plastic Manufacturing
3. Type of organization: Public Limited Company
4. Size of industry: Small Scale
5. Nature of activity: Manufacturing, Sales
6. Financial data of the year 2010
Turnover: Rs 28.16 Crore
Total expenditure: Rs 24.40 Crore
Profit before tax: Rs20.15Crore
Profit after tax: Rs 3.01Crore
Earning per share: Rs 0.97(Annualised)
Listing on stock exchange: BSE: 526965,
7. Plant location: Santeg, Gandhinagar.
8. Products of the company: PP&HDPE woven Sacks, Tarpaulin,
Laminated Sheets, PP fabrics,

4.13 Polylink Polymers Ltd.: The Company was promoted on January 8, 1993
with the main object of manufacturing/producing/processing all kinds of polymers,
polymeric compounds required as source materials for cables of all types including
power cables, XLPE cables and telecommunication cables. The Company obtained
certificate of commencement of business on February 5, 1993.

The Company is engaged in the manufacturing of Polyethylene silane cross-linkable

compounds for Low Voltage and Medium Voltage Insulation and jacketing and
Thermoplastic Semi-conducting Compounds for Power Cables, Cable Insulation and
sheathing Compounds for Telecom Cables, Engineering Plastic Compounds
a) Polypropylene Compounds filled with Minerals and Glass for Garden Furniture
and other applications
b) Polypropylene modified with EPDM
c) PBT filled with Glass, Mineral and Fire Retardant Additives
d) Nylon filled with Glass, Mineral

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e) Fire-retardant, thermoplastic, polyolefin-based compounds
f) Additive Master Batches
Following table gives the various details regarding the company:
Table no. 4.13.1

1. Year of incorporation: 1993

2. Nature of industry: Cable Manufacturing
3. Type of organization: Public limited Company
4. Size of industry: Medium Scale
5. Nature of activity: Manufacturing, Sales
6. Financial data of the year 2010
Turnover: Rs 33.88 Crore
Total expenditure: Rs 29.70 Crore
Profit before tax: Rs 2.15Crore
Profit after tax: Rs 1.27 crore
Earning per share: Rs 0.82(Annualised)
Listing on stock exchange: BSE: 531454
7. Plant location: Valthera-Dholka, Ahmedabad
8. Products of the company: Cables, Wires, low and high voltage
power cable

4.14 Promact Plastics Ltd.: Promact Plastics Limited was incorporated on 25th
March, 1985 as a Private Limited Copmpany vide the incorporation certificate
No.7746 in the name and style of Promact Plastics Pvt Ltd. at Ahmedabad and
subsequently converted into a Public Limited Company vide a special resolution
passed on 15th February, 1993 and a certificate to that effect was obtained from the
office of Registrar of Companies, Gujarat, on 24thMarch, 1993.

The Company is presently engaged in the manufacture of Synthetic woven sacks of

HDPE/PP. The project was appraised by Gujarat Industrial & Technical Consultancy
Organisation Ltd. The Company started commercial production in the year 1986-87
with an installed capacity of 300 tpa. In 1988-89 and 1989-90 the company achieved a
capacity utilisation of 81%. In 1989-90, the plant was modernised by way of installing
a T-Die Tape Line in place of normal Extrusion Tape Line increasing the installed

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capacity to 532 tpa. The Company was able to achieve 100% capacity utilisation on
the enhanced capacity in the year 1990-91. In 1991-92, the Company added one more
tape line to increase the installed capacity to 1,200 tpa. In 1992-93, the company has
been able to achieve more than 100% capacity utilisation on the increased capacity.
The company does not have any subsidiary.

Following table gives the various details regarding the company:

Table no. 4.14.1

1. Year of incorporation: 1985

2. Nature of industry: Plastic Manufacturing
3. Type of organization: Public Limited Company
4. Size of industry: Medium Scale
5. Nature of activity: Manufacturing, Sales
6. Financial data of the year 2010
Turnover: Rs 10.91 Crore
Total expenditure: Rs 9.05Crore
Profit before tax : Rs 1.05 Crore
Profit after tax: Rs 1.73 crore
Earning per share: Rs 2.66(Annualized)
Listing on stock exchange: BSE: 526494,
7. Plant location: GIDC, Mehsana
8. Products of the company: Packaging, HDPE Sacks, PP Sacks, Synthetic
Woven Sacks.

4.15 Ashish Polyplast Ltd.: Ashish Polyplast Limited was incorporated in

February, 1994. The Company evolved rapidly over the years to set precedents in the
area of Premium Braided Hose under the brand name of "REALON" the industrial
high pressure nylon reinforced flexible hose with the latest technology.
Ashish Polyplast Ltd. was incorporated as a public limited Company with the
Registrar of Companies, Gujarat, at Ahmedabad, on 25.02.1994 under the Companies
Act, 1956. The company obtained certificate for commencement of business on
31.05.1994. The company proposes to manufacture HDPE Pipes & Fittings, Rigid
reinforced Flexible PVC Hoses and Nylon Braided PVC Hoses. The company's site is

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at ZAK Village, Naroda Dehgam State Highway, Nr. Ahmedabad city in Gujarat. The
company's marketing and distribution net work is being up by a team of 140 dealers
divided into various districts and sub districts situated at the main strategic towns all
over the country.
Following table gives the various details regarding the company
Table no. 4.15.1

1. Year of incorporation: 1994

2. Nature of industry: Plastic Manufacturing

3. Type of organization: Public Limited Company

4. Size of industry: Small Scale

5. Nature of activity: Manufacturing, Sales

6. Financial data of the year 2010

Turnover: 6.20 crore Rs.
Total expenditure: 5.74 Crore Rs.
Profit before tax: 0.34 crore Rs
Profit after tax: 0.16 crore Rs
Earnings per share: 0.46 Rs (Annualised)
Listing on stock exchange: BSE: 530429,

7. Plant location: Zak Village, Naroda -Dehgam Highway, Near

Ahmedabad.

8. Products of the company: HDPE Pipes & Fittings, Rigid Flexible Pvc
Hoses, Air& pneumatic Pipes (Transparent),
Water Pipes, Super Spray Pipes

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