The 5-year analysis of Cenlub Industries Ltd's performance infers:
We analysed the performance of Cenlub Industries Ltd share prices over the last 10 years. Here is what we found out:
Cenlub Industries a public limited company promoted by VK Mittal and Madhu Mittal is engaged in the field of design, manufacture and supply of Centralised Lubrication System for various machines, plants and equipments.
In recognition of VK Mittal, capabilities, Haryana Government bestowed â€œPrize for Enterpreneurshipâ€ on him for 1987 â€“ 88. He has widely traveled overseas and is fully aware of the latest trends in this field.
It is a listed company on the Bombay Stock
It is a listed company on the Bombay Stock Exchange incorporated under the Companies Act, 1956 by Registrar of Companies, Delhi & Haryana in the year 1992.
Lubrication is a prime requirement for all machines, equipments or plants as it adds to the life and efficiency of the the machine by reducing wear and tear of its parts. The lubricating oil forms a film between the moving parts which results in lesser friction and correspondingly less heat generation in the machine, thereby keeping the working temperature of machine parts within safe operating limits. Wear and tear of parts is thus greatly reduced resulting in fewer breakdowns, greater machine utility, lower maintenance cost and longer machine life.
The company has its own proprietary items of Lubrication Pump and Accessories and most of them are existing for the last 27 years.
The company has the capability to take turn-key project from concept to commissioning. These projects are basically related to Plant Lubrication like Steel, Sponge Iron, Sugar etc. which are normally approved on blue print stage before taking up for manufacturing.
The company has 10 offices all over India to take care of sales and service i.e. Chandigarh, Chennai, Coimbatore, Hyderabad, Kolkata , Ludhiana, Mumbai, Panchkula, Pune, and Visakhapatnam.The company is having 3 manufacturing units as under, which are totally independent.
Product range of the company includes :
ClientelePractically all the machine tool manufacturers, particularly CNC machine tool manufacturers have adopted its system as Original Equipment, some of them are :
HMT, Widia, PMT, Cimmco, PSG, HEC, Praga Tools, Kirloskar, Ace Designers, Parishudh, BFW, Mico, LMW, Godrej, ISGEC, Jyoti CNC, Voltas, Batliboi, Alex ,Galaxy, Lokesh Machines
Awards & Achievements: