Rating agency, CRISIL Equities has assigned a CRISIL IER fundamental grade of 2/5 to Maharaja Shree Umaid Mills. The grade indicates that the company’s fundamentals are ‘moderate’ relative to other listed equity securities in India. Rating agency has also assigned a valuation grade of 5/5 to the company.
The grade factors in the company's extensive expansion plan worth Rs 420 crore over the next five to 10 years for establishing its presence in the higher value-added segments like processed fabric and garmenting.
Maharaja Shree Umaid Mills is a spinning-cum-composite textile company with over sixty five years standing in the chosen business of yarns and fabrics. Its products include premium quality cotton combed and carded ring spun as well as open ended yarns and viscose spun yarns meeting the committed quality parameters for varied Knitting and Weaving applications.
