Narmada Gelatines Limited
Add to watch list to get report alerts
BSE Code:
526739
NSE Code:
SHAWGELTIN
Business Profile
Business Profile
Narmada Gelatines (SHAWGELQ) is engaged in the manufacture and sale of gelatine, ossein, dicalcium phosphate and bone meal for industrial applications. It was incorporated as a private limited company on Jan. 13, 1961, became a public limited company on Jan. 03, 1962. Earlier known as Shaw Wallace Gelatines, it got its present name with effect from Sep. 09, 2002. The company is part of the Dubai-based Jumbo group, founded by the late M.R. Chhabria. Alfamont, Alfamont (Mauritius), Camry International, Dandvati Investments & Trading Co., Derby Electricals (India), Firestorm Finance & Trading, Genelec, Gordon Woodroffe Agencies, Gordon Woodroffe Distilleries, Harshit Finlease & Investments, Jerom Trading & Investment, Jumbo Electronics Company (LLC), Jumbo Investments, Jumbo World Holdings, Jumbo World Holdings (India), L Aquila Investments Company, Linytron Electronics, MPIL Corporation, GWL Properties, Orson Video, Phonegarage.com India, Primo Enterprises, SMN Engineers, Supra Industrial Co., Supra (Middle East), and Tullis Woodroffe & Company are other group companies.
The ISO 9001:2000 and HACCP certified company manufactures gelatine which finds application in the pharmaceutical, edible, industrial and photographic industries. It has its manufacturing unit near Jabalpur in Madhya Pradesh with annual installed capacities of 2,750 MT gelatine, 10,500 MT dicalcium phosphate, 4,200 MT ossein and 2,500 MT bone meal. Having a government recognized R&D facility, the company has a purchase setup tied up with backward integrated units across India with stock points and warehouses in major Indian metros. It has bagged the Capexil award for gelatine exports and has its export office located in Mumbai.
The registered office is at Caravas, Room No.27/28, 15, Civil Lines, Jabalpur, Madhya Pradesh-482001.
Financials
Narmada Gelatines registered a 33.68% growth in net profits to Rs 12.7 million for the quarter ended June 2008 from a profit of Rs 9.5 million for the quarter ended June 2007.
Net sales rose 24% to Rs 158.6 million for the quarter ended June 2008 from Rs 127.9 million for the quarter ended June 2007.
Total income rose 24.42% to Rs 162 million for the quarter ended June 2008 from Rs 130.2 million for the quarter ended June 2007.
The earnings per share (EPS) of the company stood at Rs 3.12 for the quarter ended June 2008.