Manufacturing Sector in India Monthly Update July 2012
Top Story
Karnataka to tap downscale ore Mining industry in Karnataka is focusing on the use of low grade iron ore owing to the possibility of depletion in high grade iron ore over the next 30 years. Leading companies such as JSW Steel and MSPL Ltd are conducting research on the utilization of BHQ (ore containing 35 ‐40% of Fe) ore for commercialization purposes. In Karnataka BHQ ore is found in Bellary, Chitradurga, Tumkur and Hassan regions. According to MSPL it would be profitable to beneficiate such low grade ore only when it can be exported. Silica can be separated and the BHQ ore can be beneficiated up to 63% of Fe grade. However beneficiation alone is not a viable process and a pellet plant is also required to make use of it. The life of mining industry in India can be extended up to 200 years once the process of extracting the metal is stabilized and its commercial use becomes viable. Though there is no official estimate available for the quantity of BHQ ore in Karnataka, expert’s state that billions of tonnes of very low grade coal can be found across the country which if correctly utilized can help in saving the high grade iron ore for the future generations.
News Update General
India to undertake deep sea mining India has announced plans to establish a strategic presence in the area of deep sea mining to obtain rare earth and minerals that are required in high technology areas. China and USA are among the very few countries that have ventured into the area of deep sea mining. Elements such as Titanium and platinum that are found in the depths of the ocean can be utilized in ship building and space technology. Deep sea mining will be done at a depth of 6000 meters of the ocean bed in order to look for nodules of rare earth. The search for rare earth minerals will be conducted over an area of 2500 km of International waters that have been approved by the International Sea Bed Authority. Ministry of Earth Sciences has already deployed one vessel and will get one South Korean Vessel and an Indian ship for the mining purpose. State consortium to bid for Afghan mines NALCO, SAIL and Hindustan Copper have formed a consortium to bid for developing gold and copper deposits in Afghanistan. Around 25 companies from Australia, UK, Canada Manufacturing – Monthly Update
and USA etc have been short listed to develop the gold and copper mines. Two private firms Jindal Steel & Power and Monnet Ispat & Energy were also short listed by the Afghan Government. They have been invited to join the consortium with a view to submit a single bid from India. The consortium has been examining the gold and copper deposits in Herat and Balkhab in Shaida districts of Afghanistan and at Zarkashan in Ghazn, at Badakhshan. AFISCO, a consortium of private and public sector companies of the steel sector in India had last year won a bid to develop the Hajigak mines in Afghanistan having 1.28 bn tonnes of iron ore. Deepak fertilizers restrict the pace of progress in Australia Deepak Fertilizers has slowed the pace of progress in their Australia based ammonium nitrate manufacturing project. Company is also scouting for other sites in Australia in case the project witnesses further opposition. Around 19.02 bn was invested by the company in the technical ammonium nitrate (TAN) manufacturing project with a total capacity of 300,000 tonnes a year. The project encountered resistance owing to concerns over the harmful impact on the cuttlefish population. Techno economical angles of production are also being focused upon by the company. Company is one of the leading manufacturers of complex fertilizers and industrial chemicals. They have been exporting small quantity of TAN from its Indian unit to Australia. However, high selling price of the product has appeared to be mandatory to support the high cost of investment.
News Update Expansion Plans
JSW plans to acquire Australian coal mines Following a shortage in coal supply India based JSW Energy, a subsidiary of the JSW Group is planning to acquire coal mine assets in Australia, South Africa, Indonesia and Mozambique. Company has been exploring coal resources to ensure fuel security in order to meet their entire requirement. At present the company does not own any coal blocks in India and has recently been given a share of the Utkal coal block in Odisha. A majority stake of 93.27 per cent in the South African Coal Mining Holding is owned by the company. Current generation capacity of the company is around 2,600 megawatts and another 540 megawatts is expected to be commissioned by December. New R&D facility opened by Nichrome India Ltd.
Manufacturing – Monthly Update
A new R&D facility has been set up by Pune based designer and packaging manufacturer Nichrome India Ltd. The new centre is equipped with complete engineering and design facility with hi‐tech 3D modeling software, parametric design and product data management facility. The centre includes a training centre for customer training programmes and also houses Pouch & Brand Gallery and a Product and Pouch Testing lab. The new R&D centre will be used to develop and set new standards for the Indian packaging industry. Universal Construction Machinery to open new stores Universal Construction Machinery and Equipment Ltd is expanding its retail outlets in Northern India. It has recently launched its eighth retail store in Rudrapur. A total of 35 stores will be launched by the company over the next two years across India. The new stores will be opened in the Metro cities as well as in tier‐2 and tier‐3 cities. Exclusive showrooms have already been opened by the company in Surat, Nagpur, Patna, Coimbatore and Siligudy. Company will display concrete equipments and vertical material handling equipments in the new stores and will also provide after sales services. Newly launched stores will showcase the premium and high end equipments of the company such as batching plants and reversible drum mixers. The “Universal Constore” outlets of the company will display products of all the leading brands in construction equipment apart from Universal. JCB opens new service dealership centre in Kanpur JCB India Ltd. has opened a new service dealership in Kanpur, Uttar Pradesh. Alliance Industrial Marketing, Kanpur has built the new dealership having a 3 bay state‐of‐the‐art facility which is fully equipped with international standard servicing infrastructure. It has 1 quick service bay integrated with all modern tools and tackles, with lathe shop and fabrication facility. The new centre is spread across 7,500 sq. ft. with buildup area of 5000 sq ft. Company is the market leader in the Backhoe Loader segment and is also trying to gain a greater share of the Tracked Excavator and the Wheeled Loading Shovel segment in India. Kone Elevators to set up a new unit in India Kone Elevator India Pvt. Ltd has announced plans to set up a new production unit near Chennai. Company plans to consolidate its operations in the new facility by 2015. Around 18.5 acres of land has been acquired by the company near Sriperumbudur from SIPCOT for the new unit. The new unit will have twice the production capacity of the existing plant of the company in India. Kone Elevators is one of the leading players in the market with a more than 20% market share which translates to around 35,000‐40,000 units each year. Coal India plans to acquire explosives division of Indian Oil
Manufacturing – Monthly Update
Coal India has announced plans to acquire the explosives division of Indian Oil and expand its production capacity. Explosives constitute and essential input for the mining industry and IOC contributes 20‐25% of Coal India’s requirements. CIL spends around INR 15 bn for buying explosives and this acquisition is expected to result in considerable savings for the company. Explosives division of IOC acquired by the company also contains seven bulk plants and three satellite plants with a total capacity of 71,000 tonnes located at Singrauli, Dhanbad, Talcher, Rajmahal.. A strategic intake is also being considered by the company and a Memorandum of Understanding is expected to be signed soon. Bulk explosives and Large Diameter explosives are the use two types of mining explosives used by CIL and its subsidiaries. Large Diameter explosives are ready made explosives while bulk explosives require a detonator and its components are prepared just before the blast. New state of the art glass unit started in Nasik Hindusthan National Glass & Industries Limited has started the world’s largest container glass furnace at Nasik. The new container glass furnace has a capacity of 650 TPD. The new unit has been equipped with state‐of‐the‐art technology and a total of six production lines have been installed. Reputed suppliers of technology and machinery of the glass industry such as HORN Glass, SORG GmbH, Zippe, Emhart ,Mysac etc has been chosen to supply machinery and technology for this furnace. Company has made substantial investments on management assets over the last two years. The new glass furnace is set to produce products of international standards and thus expects to set a benchmark for the container glass manufacturers world wide.
Industry Expert Speak Hindusthan National Glass starts glass unit at Nashik – Mukul Somany, Vice Chairman and Managing Director, Hindusthan National Glass and Industries Ltd “We are delighted to celebrate our success with you. Our zeal for the container glass industry is visible with the implementation of latest technological innovations in our production process at regular intervals. We are here to set the benchmark for the industry by supplying products of international standards.” Coal India plans to acquire explosives division of Indian Oil– S Narsing Rao, Chairman, CIL “The explosive division originally belonged to IBP. IBP was merged with IOC and its importance in the overall schemes of things diminished. However, explosives are an essential input for us and we intend to take over the company lock, stock and barrel,
Manufacturing – Monthly Update
invest in it and increase its capacity. At present the explosives division of IOC meets about 20‐25% of our requirements."
Transaction Detail (May – Jul 2012)
Date
Buyer
Target
Deal Size (INR mn)
% stake
Deal Status
Type of Transaction
27th Jul 2012
Crompton Greaves Ltd
ZIV Group
10,207
100%
Completed
M&A
29th May 2012
Nippon Investment & Finance
Parekh Aluminex
61.2
NA
Completed
PE
29th May 2012
IFC
Ramkrishna Forgings Limited
6,648
NA
Expected
PE
Annual Financial Results – Revenue (INR mn) Company
FY ‘09
FY ‘10
FY ‘11
FY ‘12
Action Construction Equipment Ltd.
4,396.6
4,295.8
6,903.8
NA
Aditya Birla Nuvo Ltd.
138,939.7
157,699.4
183,839.4
220,732.5
Alok Industries Ltd.
30,907.8
44,243.4
66,149.0
89,008.6
Alps Industries Ltd.
8,122.7
6,282.5
7,050.8
6,698.2
AMD Industries Ltd.
897.305
1,120.06
1,373.632
1,764.314
Andhra Pradesh Paper Mills Ltd.
6,300.7
6,492.9
7,827.8
NA
APL Apollo Tubes Ltd.
5,266.6
6,185.1
9,054.5
13,929.8
Asahi India Glass Ltd.
12,383.1
12,932.3
15,577.3
16,803.0
Ashok Leyland Ltd.
59,810.7
72,447.1
111,771.1
128,419.9
Manufacturing – Monthly Update
Axel Polymers Ltd.
256.213
36.557
31.149
102.532
Bajaj Electricals Limited
17,686.4
22,286.3
27,413.5
30,989.6
BASF India Ltd.
13,160.9
16,269.9
30,599.1
35,087.4
BEML Ltd.
27,971.9
28,382.5
26,303.8
26,951.0
Bhageria Dye Chem Ltd.
546.65
564.35
617.686
617.963
Bhansali Engineering Polymers Ltd.
2,251.1
3,129.8
4,639.2
4,144.0
Blue Star Ltd.
25,026.2
25,249.7
29,536.8
27,888.5
Bodal Chemicals Ltd.
4,037.9
4,794.4
5,724.2
NA
Borosil Glassworks Limited
669.877
878.9
1,191.384
1,260.235
Century Enka Ltd.
11,781.7
12,308.7
13,490.8
16,495.1
Chemplast Sanmar Limited
6,747.8
9,336.8
19,208.7
21,297.0
118.5
162.8
1,050.7
NA
Coal India Ltd.
412,035.7
467,840.0
526,334.8
624,154.3
Crompton Greaves Limited
87,372.6
91,408.7
100,051.1
112,485.8
DCM Shriram Consolidated Limited (DSCL)
35,580.7
35,704.5
41,678.3
50,062.1
DCW Limited
9,134.0
10,268.0
10,576.5
11,806.1
Electrosteel Castings Ltd.
19,854.5
16,573.3
19,314.4
19,166.6
Empire Industries Ltd.
3,008.7
2,242.4
2,892.7
2,925.2
2,606.445
2,301.334
1,206.089
566.08
NA*
13,593.5
14,083.4
15,805.0
3,724.1
3,953.7
6,610.1
6,839.4
Chromatic India Ltd.
Eon Electric Ltd. Essel Propack Ltd. Ester Industries Ltd.
Manufacturing – Monthly Update
Fenoplast Limited
1,100.967
1,440.973
1,762.778
1,963.235
FIEM Industries Limited
2,198.9
2,965.3
4,276.0
NA
Filatex India Ltd.
3,590.7
3,997.6
4,864.2
4,725.0
Finolex Cables Limited (FCL)
13,415.1
16,187.2
20,357.5
20,384.7
Finolex Industries Limited
15,291.3
14,743.8
19,777.3
20,997.8
Gail India Ltd.
247,818.0
270,353.0
351,066.5
440,578.2
Garden Silks Mills Ltd.
17,795.3
25,187.0
34,049.3
35,082.0
Grasim Industries Ltd.
184,316.9
200,870.8
214,612.3
251,470.9
931.672
827.64
926.646
790.95
1,038.488
1,313.248
1,557.016
NA
Hanung Toys and Textiles Ltd.
6,520.6
8,519.3
11,390.6
NA
Havells India Ltd.
54,774.9
51,625.7
56,126.3
65,182.0
Hindalco Industries Ltd.
659,629.5
607,079.2
720,778.7
808,213.7
Hinduja Foundries Ltd.
3,631.3
3,928.6
5,526.6
7,397.8
Hindustan Adhesives Ltd.
487.409
528.095
629.819
668.9
Hindustan Copper Ltd.
11,960.7
13,210.7
11,848.7
14,842.9
Hindustan Tin Works Ltd.
2,478.2
2,881.5
2,966.2
2,466.5
Hindusthan National Glass & Industries Ltd.
13,305.6
13,962.3
15,625.2
20,263.2
HMT Limited
3,678.3
4,087.3
4,291.2
NA
HSIL Ltd.
6,167.6
8,083.1
10,820.8
14,455.7
IAG Company Ltd.
126.85
794.129
NA
NA
Gujarat Borosil Ltd. Haldyn Glass Gujarat Ltd.
Manufacturing – Monthly Update
IFB Industries Ltd.
4,431.7
5,339.5
6,641.7
7,831.7
Indian Acrylics Ltd.
3,680.9
4,188.7
4,135.1
NA
Indian Hume Pipe Co Ltd.
6,653.5
6,756.5
6,485.3
5,171.7
Indo Count Industries Ltd.
3,008.2
4,133.9
7,111.8
7,797.1
Indo Rama Synthetics India Ltd.
24,444.8
25,260.5
28,177.5
29,688.0
J. K. Paper Ltd.
10,771.8
11,223.4
12,307.2
13,282.6
458.53
466.418
481.44
583.72
Jain Irrigation Systems Ltd.
28,695.2
34,348.0
41,745.6
NA
Jayaswal Neco Industries Ltd.
16,114.5
17,878.9
22,638.3
25,902.8
Jaysynth Dyestuff India Ltd.
803.548
867.205
942.587
893.3
JBF Industries Ltd.
43,099.1
49,409.1
64,655.7
71,673.6
JCT Ltd.
5,726.0
5,822.0
7,387.9
NA
Jhaveri Flexo Ltd.
1,710.2
1,867.7
2,418.9
NA
JIK Industries Ltd.
NA*
167.226
399.267
NA
15,519.1
17,035.6
28,076.7
NA
NA*
56,947.1
45,948.9
60,263.9
Kabra Extrusiontechnik Ltd.
1,576.361
1,973.048
2,261.02
1,919.966
Kaira Can Company Ltd.
1,116.99
991.053
1,107.641
1,089.93
Kalpena Industries Ltd
6,029.6
7,188.0
8,430.6
9,155.7
Kanpur Plastipack Ltd.
984.295
1,002.078
1,183.516
1,885.677
KEI Industries Ltd.
9,723.7
9,098.5
11,620.2
16,995.4
Jai Mata Glass Ltd.
Jindal Poly Films Ltd. Jindal Saw Ltd
Manufacturing – Monthly Update
Kilburn Office Automation Ltd.
353.416
393.612
548.717
NA
La Opala RG Ltd.
620.391
750.338
964.012
1,126.195
Lakshmi Machine Works Limited
13,598.4
11,573.5
18,229.8
22,616.4
Lakshmi Precision Screws Ltd.
2,498.8
2,613.7
3,562.2
3,865.2
Magna Electro Castings Ltd.
637.844
398.422
623.272
832.174
Maharashtra Seamless Ltd.
20,641.4
16,040.2
17,836.2
22,918.2
Man Industries India Ltd
18,834.2
15,059.6
16,482.2
17,164.3
Manaksia Ltd.
13,848.4
13,011.7
14,332.8
19,415.2
Marvel Vinyls Limited
681.675
749.795
894.992
NA
McNally Bharat Engineering Company Ltd.
11,142.1
18,103.0
22,520.6
20,792.0
Meghmani Organics
8,139.5
8,371.7
10,450.9
10,625.4
MIC Electronics Limited
2,962.49
2,807.661
2,338.327
1,126.027
MOIL Ltd.
12,933.4
9,693.9
11,399.7
8,995.8
MoldTek Packaging Ltd.
1,003.659
1,210.71
1,496.697
1,751.09
Moser Baer India Limited
24,730.0
24,518.5
26,108.3
NA
National Aluminium Co. Ltd.
52,112.2
51,745.1
60,554.9
65,002.7
Nelcast Ltd.
2,917.9
3,199.8
5,078.7
6,533.1
Neyveli Lignite Corp. Ltd.
33,548.1
41,210.2
39,490.8
48,668.5
Nilkamal Ltd.
9,513.3
10,950.0
13,180.6
15,165.2
NMDC Ltd.
75,640.3
62,390.9
113,689.4
112,605.3
1,052,756.6
1,026,655.8
1,201,955.1
1,463,705.6
Oil and Natural Gas Corp. Ltd.
Manufacturing – Monthly Update
Orient Paper & Industries Ltd.
15,083.6
16,197.5
19,799.7
24,906.4
Orient Press Ltd.
1,021.23
1,371.953
1,525.332
1,571.556
Otis Elevator Company (India) Ltd.
7,267.4
7,469.7
8,991.9
NA
P G Foils Ltd.
1,684.753
1,429.04
1,413.576
1,906.838
Pantaloons Retail (India) Ltd.
76,690.4
97,869.4
122,117.9
130,713.9
Pasupati Acrylon Ltd.
3,142.0
4,224.0
3,878.9
NA
Pidilite Industries Ltd.
20,124.0
22,218.6
26,571.8
31,265.7
Piramal Glass
10,150.3
11,173.9
12,379.5
14,044.8
Poddar Pigments Ltd.
1,201.2
1,541.7
1,885.5
2,218.9
Polychem Ltd.
41.542
41.756
52.607
76.752
Polylink Polymers (India) Ltd
518.551
321.368
330.486
288.456
Precision Wires India Ltd.
5,362.2
6,301.9
8,736.4
9,317.9
PSL Ltd
36,489.1
39,935.4
32,222.9
26,594.4
Pudumjee Pulp and Paper Mills Ltd.
2,205.4
2,192.0
2,257.4
2,541.0
Rainbow Paper Ltd.
2,327.1
2,680.9
3,803.8
5,927.5
Ram Ratna Wires Ltd.
3,037.7
4,056.8
4,994.2
NA
Rama Newsprint & Papers Ltd.
3,422.2
3,096.4
3,182.9
3,486.0
Ratnamani Metals and Tubes Ltd.
9,566.3
8,532.9
8,138.8
12,217.4
1,511,354.9
2,037,397.2
2,658,110.0
3,585,010.0
Responsive Industries Limited
6,501.8
8,393.0
11,786.6
16,822.5
Saint Gobain Sekurit India Ltd.
809.253
841.135
939.447
1,042.111
Reliance Industries Limited
Manufacturing – Monthly Update
Sanco Industries Limited
398.95
362.989
368.059
NA
Seshasayee Paper and Boards Ltd.
5,291.1
5,092.6
5,734.8
6,114.2
8.737
8.095
50.505
16.886
Shoppers Stop Ltd
13,737.8
15,169.1
21,757.3
27,876.9
Shri Lakshmi Cotsyn Ltd.
11,652.8
15,354.8
17,983.8
NA
Simplex Castings Ltd.
1,737.663
1,644.1
2,034.733
2,176.228
Sirpur Paper Mills Ltd.
3,462.1
3,391.5
3,670.8
3,892.8
Siyaram Silk Mills Ltd.
5,330.9
6,597.2
8,542.8
9,094.8
Star Paper Mills Ltd.
2,399.7
2,512.7
2,595.9
2,282.7
Sterling Tools Ltd.
1,511.4
1,797.6
2,481.3
2,924.6
Sterlite Industries (India) Ltd.
212,636.6
244,903.0
302,472.0
412,063.0
Sterlite Technologies
22,892.3
24,316.3
22,621.2
25,669.5
Sudarshan Chemicals
4,606.8
5,944.0
7,241.5
8,002.9
Sundaram Fasteners Ltd.
18,101.2
17,187.4
22,976.9
27,031.5
Supreme Industries Ltd
8,654.3
9,972.0
15,962.4
15,520.8
Surya Roshni Limited
14,890.8
17,954.9
23,105.4
30,257.2
Sutlej Textiles and Industries Ltd.
8,510.3
11,469.1
15,816.5
15,125.0
Swiss Glasscoats Equipment Limited
423.842
454.913
529.536
704.022
Tamil Nadu Newsprint and Papers Ltd.
10,737.2
10,517.8
12,067.2
14,866.0
Tata Metaliks Ltd.
10,015.5
10,481.7
13,187.3
11,950.6
Tayo Rolls Ltd.
1,681.886
1,321.808
1,334.123
1,396.232
Sezal Glass Ltd.
Manufacturing – Monthly Update
Texmo Pipes and Products Limited
591.637
761.943
1,228.116
1,540.716
The Bombay Dyeing and Manufacturing Company Ltd.
13,172.8
16,427.8
18,592.4
22,308.1
TIL Ltd.
10,373.6
10,545.6
13,761.0
13,788.6
Torrent Cables Ltd.
1,776.9
1,707.7
2,511.4
3,202.8
Triveni Glass
350.202
330.359
362.444
462.6
Uflex Ltd.
20,959.1
23,624.5
35,123.1
44,112.7
Vardhman Acrylics Ltd.
2,405.7
2,704.8
3,988.0
3,901.4
Vipul Dyechem Ltd.
236.068
265.418
330.994
NA
Voltas Ltd.
43,259.0
47,574.7
51,913.8
51,857.4
Welspun Corp Ltd.
57,395.3
73,636.7
80,236.4
89,765.8
Wendt India Ltd
561.021
617.8
916.87
1,110.614
West Coat Paper Mills
6,235.7
6,288.6
10,709.2
13,051.8
Yash Papers Ltd.
840.486
817.702
1,010.217
1,054.276
Zenith Fibres Ltd.
352.248
339.754
393.789
504.282
Trident Limited
13,980.6
18,033.6
25,374.6
27,322.8
Annual Financial Results – Income (INR mn) Company Action Construction Equipment Ltd. Aditya Birla Nuvo Ltd.
FY ‘09
FY ‘10
FY ‘11
FY ‘12
198.9
235.6
411.3
NA
(4,357.3)
1,545.6
8,221.0
8,901.3
Manufacturing – Monthly Update
Alok Industries Ltd.
740.5
1,377.1
3,115.4
3,805.3
Alps Industries Ltd.
(2,011.1)
(1,223.5)
(965.8)
(2,700.7)
AMD Industries Ltd.
0.181
31.583
38.816
61.334
Andhra Pradesh Paper Mills Ltd.
189.5
541.9
449.4
NA
APL Apollo Tubes Ltd.
25.4
297.7
430.9
490.1
Asahi India Glass Ltd.
(426.2)
19.9
167.8
(650.8)
Ashok Leyland Ltd.
1,900.0
4,236.7
6,313.0
5,659.8
Axel Polymers Ltd.
(3.129)
0.563
0.601
(2.671)
Bajaj Electricals Limited
891.3
1,171.0
1,437.9
1,178.8
BASF India Ltd.
486.1
960.7
1,178.3
1,008.6
BEML Ltd.
2,701.1
2,244.9
1,478.0
567.4
Bhageria Dye Chem Ltd.
(12.355)
11.474
9.03
(4.711)
Bhansali Engineering Polymers Ltd.
(114.2)
105.3
334.1
10.9
Blue Star Ltd.
1,802.9
2,114.9
1,609.6
(1,051.0)
Bodal Chemicals Ltd.
(111.0)
140.4
167.0
NA
Borosil Glassworks Limited
(94.084)
(247.9)
6,478.035
325.28
166.2
1,001.6
793.6
87.8
(666.1)
(1,281.6)
(421.9)
(519.5)
(6.7)
1.6
9.1
NA
Coal India Ltd.
19,675.0
96,224.5
108,673.5
147,882.0
Crompton Greaves Limited
5,599.0
8,598.7
8,886.7
3,735.9
Century Enka Ltd. Chemplast Sanmar Limited Chromatic India Ltd.
Manufacturing – Monthly Update
DCM Shriram Consolidated Limited (DSCL)
1,226.1
842.5
(142.7)
119.2
142.5
676.3
289.1
308.5
Electrosteel Castings Ltd.
1,353.2
2,342.5
1,795.8
423.8
Empire Industries Ltd.
(685.1)
(416.0)
(380.8)
(214.8)
Eon Electric Ltd.
56.329
28.516
2,634.839
(169.257)
NA*
650.2
472.7
479.0
Ester Industries Ltd.
334.2
278.5
1,294.6
(139.3)
Fenoplast Limited
13.198
21.975
24.903
26.667
FIEM Industries Limited
46.1
105.7
110.6
NA
Filatex India Ltd.
65.8
171.9
190.1
137.0
Finolex Cables Limited (FCL)
(354.9)
576.3
867.8
981.9
Finolex Industries Limited
(378.9)
1,323.2
761.7
751.5
Gail India Ltd.
28,263.5
33,278.3
40,209.7
44,436.1
Garden Silks Mills Ltd.
563.4
632.0
878.7
(783.9)
Grasim Industries Ltd.
21,866.6
30,955.3
22,790.1
26,474.6
Gujarat Borosil Ltd.
68.139
(9.68)
(189.152)
(211.192)
Haldyn Glass Gujarat Ltd.
68.418
110.093
158.517
NA
Hanung Toys and Textiles Ltd.
644.5
897.8
1,195.7
NA
(1,601.6)
695.6
3,035.7
3,699.2
Hindalco Industries Ltd.
4,838.9
39,254.7
24,563.7
33,969.5
Hinduja Foundries Ltd.
(119.8)
3.5
74.8
(587.2)
DCW Limited
Essel Propack Ltd.
Havells India Ltd.
Manufacturing – Monthly Update
Hindustan Adhesives Ltd.
23.965
22.383
17.72
16.6
Hindustan Copper Ltd.
(103.1)
1,546.8
2,241.0
3,234.4
66.9
114.6
112.8
56.6
1,063.7
1,541.7
587.8
433.4
(3,515.1)
(3,296.5)
(4,925.6)
NA
HSIL Ltd.
317.3
436.5
781.5
935.5
IAG Company Ltd.
83.638
11.153
NA
NA
IFB Industries Ltd.
3,150.8
537.6
503.1
305.4
Indian Acrylics Ltd.
(413.0)
320.8
3.6
NA
Indian Hume Pipe Co Ltd.
253.1
285.7
279.7
159.2
Indo Count Industries Ltd.
(538.9)
(166.7)
105.6
(21.9)
Indo Rama Synthetics India Ltd.
(978.3)
71.3
1,394.1
319.6
380.1
919.8
1,065.1
485.2
Jai Mata Glass Ltd.
(1.286)
28.334
15.161
(5.538)
Jain Irrigation Systems Ltd.
1,294.4
2,475.9
2,807.1
NA
Jayaswal Neco Industries Ltd.
267.6
691.2
981.4
533.9
Jaysynth Dyestuff India Ltd.
71.258
59.044
44.674
45.6
JBF Industries Ltd.
1,873.8
1,864.0
5,460.0
2,229.8
JCT Ltd.
(613.7)
(608.8)
560.5
NA
Jhaveri Flexo Ltd.
10.0
10.5
(6.2)
NA
JIK Industries Ltd.
NA*
(8.917)
42.475
NA
Hindustan Tin Works Ltd. Hindusthan National Glass & Industries Ltd. HMT Limited
J. K. Paper Ltd.
Manufacturing – Monthly Update
Jindal Poly Films Ltd.
1,054.6
2,046.3
5,949.2
NA
NA*
5,495.3
4,421.8
1,891.1
116.988
214.638
258.157
100.071
Kaira Can Company Ltd.
1.106
10.623
13.74
20.36
Kalpena Industries Ltd
218.5
299.1
191.3
255.2
Kanpur Plastipack Ltd.
18.621
27.108
30.335
100.808
12.5
142.3
105.6
243.3
14.567
12.082
5.613
NA
8.14
27.673
93.236
126.027
1,069.3
998.8
1,532.7
1,388.3
42.8
69.1
122.7
96.4
Magna Electro Castings Ltd.
12.056
31.063
37.552
41.8
Maharashtra Seamless Ltd.
2,578.4
2,845.9
3,416.6
3,174.0
209.0
452.9
836.0
710.8
1,063.1
1,315.3
1,127.3
1,189.8
Marvel Vinyls Limited
3.728
9.036
10.31
NA
McNally Bharat Engineering Company Ltd.
435.5
495.1
633.7
656.5
Meghmani Organics
371.2
516.8
380.1
34.8
MIC Electronics Limited
658.916
553.791
263.562
(591.838)
MOIL Ltd.
6,902.9
4,663.5
5,880.6
4,107.7
36.76
73.562
80.031
93.31
Jindal Saw Ltd Kabra Extrusiontechnik Ltd.
KEI Industries Ltd. Kilburn Office Automation Ltd. La Opala RG Ltd. Lakshmi Machine Works Limited Lakshmi Precision Screws Ltd.
Man Industries India Ltd Manaksia Ltd.
MoldTek Packaging Ltd.
Manufacturing – Monthly Update
Moser Baer India Limited
(3,637.5)
(3,939.3)
(8,487.6)
NA
National Aluminium Co. Ltd.
12,722.7
8,142.2
10,693.0
8,495.0
37.4
68.9
868.9
462.8
8,210.9
12,474.6
12,982.8
14,113.3
107.0
515.0
534.1
611.1
NMDC Ltd.
43,723.8
34,472.6
64,992.2
72,653.9
Oil and Natural Gas Corp. Ltd.
197,953.4
194,035.3
224,559.3
281,436.1
Orient Paper & Industries Ltd.
2,024.1
1,575.8
1,431.0
2,122.8
Orient Press Ltd.
43.719
107.538
111.446
144.544
Otis Elevator Company (India) Ltd.
1,138.8
819.5
1,079.0
NA
P G Foils Ltd.
(14.458)
28.619
93.777
59.806
100.7
674.9
1,212.1
880.8
Pasupati Acrylon Ltd.
(501.6)
165.7
4.7
NA
Pidilite Industries Ltd.
1,118.8
2,769.6
3,100.5
3,243.7
(1,025.2)
44.3
930.2
958.7
39.7
141.9
95.5
98.7
28.144
11.006
(0.823)
(4.23)
(52.887)
12.739
(6.548)
41.474
Precision Wires India Ltd.
11.6
226.2
310.0
141.5
PSL Ltd
964.6
1,197.6
697.6
444.8
Pudumjee Pulp and Paper Mills Ltd.
36.3
110.0
(84.4)
111.2
Nelcast Ltd. Neyveli Lignite Corp. Ltd. Nilkamal Ltd.
Pantaloons Retail (India) Ltd.
Piramal Glass Poddar Pigments Ltd. Polychem Ltd. Polylink Polymers (India) Ltd
Manufacturing – Monthly Update
Rainbow Paper Ltd.
234.8
236.3
371.0
460.5
Ram Ratna Wires Ltd.
13.7
117.1
94.7
NA
(272.7)
(566.5)
(1,402.9)
621.3
712.0
814.3
831.7
1,114.4
149,713.0
245,033.7
192,940.0
197,240.0
Responsive Industries Limited
462.9
625.7
910.0
1,039.8
Saint Gobain Sekurit India Ltd.
6.47
50.378
100.056
68.4
Sanco Industries Limited
15.028
17.358
20.798
NA
Seshasayee Paper and Boards Ltd.
150.3
399.3
650.0
341.0
Sezal Glass Ltd.
0.383
0.395
(11.611)
(9.491)
(636.5)
358.8
432.0
190.1
Shri Lakshmi Cotsyn Ltd.
629.6
916.5
1,041.1
NA
Simplex Castings Ltd.
90.866
104.906
124.125
103.101
Sirpur Paper Mills Ltd.
(16.3)
(118.5)
(179.1)
(152.0)
Siyaram Silk Mills Ltd.
114.4
337.2
576.4
567.3
Star Paper Mills Ltd.
137.4
83.4
(101.5)
(424.1)
Sterling Tools Ltd.
16.0
115.9
158.5
147.6
35,399.9
39,263.0
48,898.0
38,998.0
Sterlite Technologies
904.5
2,458.4
1,412.4
396.4
Sudarshan Chemicals
119.7
411.5
482.2
335.6
Sundaram Fasteners Ltd.
359.3
471.5
1,154.8
995.7
Rama Newsprint & Papers Ltd. Ratnamani Metals and Tubes Ltd. Reliance Industries Limited
Shoppers Stop Ltd
Sterlite Industries (India) Ltd.
Manufacturing – Monthly Update
Supreme Industries Ltd
(406.6)
(520.5)
36.5
234.6
215.4
451.7
674.7
523.1
Sutlej Textiles and Industries Ltd.
(301.5)
263.1
1,143.4
317.3
Swiss Glasscoats Equipment Limited
17.594
24.013
27.07
31.259
Tamil Nadu Newsprint and Papers Ltd.
1,073.9
1,260.6
1,490.0
1,089.4
Tata Metaliks Ltd.
(1,497.0)
285.7
5.7
(1,134.7)
Tayo Rolls Ltd.
(167.362)
(115.33)
(304.431)
(531.239)
58.542
40.021
67.943
44.7
(1,946.2)
184.2
213.9
593.5
TIL Ltd.
447.2
595.3
601.9
153.4
Torrent Cables Ltd.
134.3
105.0
68.7
192.9
(209.808)
66.061
(165.096)
53.0
1,864.9
1,901.8
6,979.8
2,550.2
Vardhman Acrylics Ltd.
42.3
434.4
376.4
244.9
Vipul Dyechem Ltd.
5.251
5.601
9.637
NA
Voltas Ltd.
2,514.0
3,809.9
3,572.4
1,620.6
Welspun Corp Ltd.
2,135.1
6,104.0
6,330.3
2,385.4
Wendt India Ltd
93.089
99.811
168.355
194.581
West Coat Paper Mills
905.4
547.0
900.8
(335.6)
Yash Papers Ltd.
(21.51)
0.794
30.51
(10.898)
Zenith Fibres Ltd.
26.975
28.637
24.781
35.412
Surya Roshni Limited
Texmo Pipes and Products Limited The Bombay Dyeing and Manufacturing Company Ltd.
Triveni Glass Uflex Ltd.
Manufacturing – Monthly Update
Trident Limited
(533.2)
564.6
670.8
(437.4)
*change in financial year
Quarterly Financial Results – Revenue (INR mn)
Company
AprJun 2011
JulSep 2011
OctDec 2011
Jan Mar 2012
Oil and Natural Gas Corp. Ltd.
340,246.2
NA
185,171.3
NA
Hindalco Industries Ltd.
59,790.3
NA
66,469.7
NA
Coal India Ltd.
144,990.8
131,480.8
153,492.8
194,189.9
Gail India Ltd.
88,673.8
NA
112,597.8
NA
Sterlite Industries (India) Ltd.
98,240.0
102,352.0
102,461.8
110,022.8
Grasim Industries Ltd.
58,721.0
56,491.9
62,600.7
73,668.4
Aditya Birla Nuvo Ltd.
47,099.9
52,859.0
56,530.6
64,242.9
Pantaloons Retail (India) Ltd.
33,770.7
31,802.6
31,748.0
32,772.8
NMDC Ltd.
27,826.1
30,623.2
28,219.5
25,936.5
Ashok Leyland Ltd.
24,955.1
30,945.7
28,798.0
43,721.2
Crompton Greaves Limited
24,377.4
27,055.3
30,279.5
30,773.6
Welspun Corp Ltd.
17,457.1
20,345.0
24,496.8
26,997.8
Alok Industries Ltd.
16,448.9
NA
NA
NA
JBF Industries Ltd.
15,905.7
18,520.2
18,040.1
19,207.6
National Aluminium Co. Ltd.
17,331.0
15,837.3
14,486.2
17,534.1
Havells India Ltd.
14,959.0
15,850.0
16,596.0
17,777.0
Manufacturing – Monthly Update
Voltas Ltd.
13,457.5
11,019.3
11,646.4
15,841.8
Jindal Saw Ltd
11,330.7
NA
10,967.1
NA
Jain Irrigation Systems Ltd.
NA
7,711.1
NA
NA
DCM Shriram Consolidated Limited 12,150.5 (DSCL)
10,601.9
13,996.9
13,312.8
Neyveli Lignite Corp. Ltd.
NA
NA
10,459.9
NA
Uflex Ltd.
11,247.0
10,856.2
11,459.3
11,901.4
Garden Silks Mills Ltd.
7,771.2
10,725.0
7,553.0
9,032.8
PSL Ltd
NA
NA
5,206.6
NA
BASF India Ltd.
10,137.6
9,509.4
7,526.4
7,619.9
Blue Star Ltd.
NA
NA
5,896.9
NA
Indo Rama Synthetics India Ltd.
6,206.5
7,717.1
7,639.3
8,125.1
Jindal Poly Films Ltd.
6,227.6
NA
5,048.1
NA
Bajaj Electricals Limited
5,440.7
6,986.2
7,936.4
10,626.3
Pidilite Industries Ltd.
8,450.6
7,813.5
7,680.5
7,321.1
BEML Ltd.
NA
NA
5,745.0
NA
Moser Baer India Limited
5,230.7
NA
5,563.5
NA
Trident Limited
NA
6,999.9
6,584.9
7,152.5
Surya Roshni Limited
5,876.9
NA
NA
NA
Sundaram Fasteners Ltd.
NA
NA
5,315.7
NA
Jayaswal Neco Industries Ltd.
NA
NA
6,586.1
NA
Sterlite Technologies
98,240.0
102,352.0
102,461.8
110,022.8
Manufacturing – Monthly Update
McNally Bharat Engineering Company Ltd.
3,624.8
NA
4,980.5
NA
Shoppers Stop Ltd
6,132.5
7,421.0
7,709.9
7,730.1
Finolex Cables Limited (FCL)
4,510.6
4,933.4
4,929.0
5,967.3
Orient Paper & Industries Ltd.
5,339.4
5,065.6
5,757.0
8,744.4
Finolex Industries Limited
5,058.3
4,315.2
5,677.0
5,947.3
Electrosteel Castings Ltd.
NA
NA
NA
NA
Chemplast Sanmar Limited
5,023.7
5,518.9
5,116.7
5,637.8
The Bombay Dyeing and Manufacturing Company Ltd.
3,978.2
4,926.1
4,437.7
8,966.1
Lakshmi Machine Works Limited
5,021.4
NA
5,382.6
NA
Shri Lakshmi Cotsyn Ltd.
NA
NA
5,272.2
NA
Maharashtra Seamless Ltd.
4,785.0
5,776.7
6,174.7
6,181.8
Man Industries India Ltd
4,834.2
NA
4,981.2
NA
Quarterly Financial Results – Income (INR mn)
Company
AprJun 2011
JulSep 2011
OctDec 2011
Jan Mar 2012
Oil and Natural Gas Corp. Ltd.
54,744.9
NA
67,414.1
NA
Hindalco Industries Ltd.
6,440.0
NA
4,506.9
NA
Coal India Ltd.
41,439.2
25,931.1
40,377.6
40,134.1
Gail India Ltd.
9,846.7
NA
10,914.2
NA
Sterlite Industries (India) Ltd.
16,400.0
6,421.0
9,135.2
3,487.7
Manufacturing – Monthly Update
Grasim Industries Ltd.
7,516.7
4,179.4
6,690.7
8,087.8
Aditya Birla Nuvo Ltd.
2,532.0
2,142.5
2,523.9
1,702.9
810.6
150.5
(79.6)
(0.6)
18,011.5
19,631.5
18,588.1
16,422.8
Ashok Leyland Ltd.
862.5
1,540.8
669.0
2,587.4
Crompton Greaves Limited
794.7
1,166.6
771.4
1,003.2
Welspun Corp Ltd.
1,191.1
710.8
(701.9)
1,185.5
Alok Industries Ltd.
577.7
NA
NA
NA
JBF Industries Ltd.
522.5
760.1
711.8
235.4
3,768.4
1,393.4
512.2
2,821.0
797.0
808.0
886.0
1,208.2
1,317.9
418.7
(1,154.1)
1,038.1
828.0
NA
365.4
NA
NA
115.7
NA
NA
260.4
(384.1)
(252.0)
494.9
NA
NA
1,849.4
NA
Uflex Ltd.
960.9
573.3
511.8
509.5
Garden Silks Mills Ltd.
(47.0)
95.2
(382.0)
(450.1)
NA
NA
66.6
NA
526.6
341.9
60.3
79.8
NA
NA
(327.6)
NA
Pantaloons Retail (India) Ltd. NMDC Ltd.
National Aluminium Co. Ltd. Havells India Ltd. Voltas Ltd. Jindal Saw Ltd Jain Irrigation Systems Ltd. DCM Shriram Consolidated Limited (DSCL) Neyveli Lignite Corp. Ltd.
PSL Ltd BASF India Ltd. Blue Star Ltd.
Manufacturing – Monthly Update
Indo Rama Synthetics India Ltd.
514.4
(228.4)
(321.1)
354.7
Jindal Poly Films Ltd.
563.0
NA
162.8
NA
Bajaj Electricals Limited
110.6
249.9
328.4
489.9
1,046.1
771.8
786.3
639.5
NA
NA
400.7
NA
(922.1)
NA
(959.1)
NA
(196.4)
179.7
(26.8)
Surya Roshni Limited
97.7
NA
NA
NA
Sundaram Fasteners Ltd.
NA
NA
248.4
NA
Jayaswal Neco Industries Ltd.
NA
NA
94.7
16,400.0
6,421.0
9,135.2
3,487.7
76.4
NA
107.2
NA
Shoppers Stop Ltd
(15.2)
102.3
93.4
9.6
Finolex Cables Limited (FCL)
202.1
197.3
137.0
445.6
Orient Paper & Industries Ltd.
593.8
240.6
424.0
864.4
Finolex Industries Limited
167.0
40.2
(17.6)
561.9
Electrosteel Castings Ltd.
NA
NA
NA
NA
Chemplast Sanmar Limited
17.8
(134.6)
(145.9)
(256.8)
(397.9)
(339.3)
(521.1)
1,851.8
411.4
NA
396.5
NA
NA
NA
243.4
NA
Pidilite Industries Ltd. BEML Ltd. Moser Baer India Limited Trident Limited
Sterlite Technologies McNally Bharat Engineering Company Ltd.
The Bombay Dyeing and Manufacturing Company Ltd. Lakshmi Machine Works Limited Shri Lakshmi Cotsyn Ltd.
NA
Manufacturing – Monthly Update
Maharashtra Seamless Ltd.
716.5
811.7
810.1
835.7
Man Industries India Ltd
235.8
NA
274.8
NA
Events Calendar
Halfday Seminar on”Recent Trends in Business Strategy” Date: 11th Aug 2012 Venue: Hotel The Metropole, Conference Hall, Madurai, Tamil Nadu, India Organizer: Confederation of Indian Industry (CII) Website: www.cii.in Contact ID: muruganandham@cii.in Contact No: +91‐452‐4391434
Conference on Industrial Automation Date: 25th Aug, 2012 Venue: Hotel Park Sheraton, Mowbrays Hall, Chennai, Tamilnadu, India Tamil Nadu Organizer: Confederation of Indian Industry (CII) Website: www.cii.in Contact ID: vedha.murali@cii.in Contact No: + 91‐44‐42444510
Conceive to Commercialise : Accelerate your New Product Development Date: 29th ‐30th Aug, 2012 Venue: CII Naoroji Godrej Centre of Excellence, CII Naoroji Godrej Centre of Excellence, Vikhroli, , , India Organizer: Confederation of Indian Industry (CII) Website: www.cii.in Contact ID: s.d.puranik@cii.in Contact No: +91‐22‐2574 5146
Export Summit Date: 28th Aug, 2012 Venue: Delhi, New Delhi, India Organizer: Confederation of Indian Industry (CII) Website: www.cii.in Contact ID: aastha.gyani@cii.in
Manufacturing – Monthly Update
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Manufacturing – Monthly Update