The 5-year analysis of Tayo Rolls Ltd's performance infers:
We analysed the performance of Tayo Rolls Ltd share prices over the last 10 years. Here is what we found out:
Tayo Rolls Limited, a subsidiary of Tata Steel was promoted in 1968 in collaboration with Yodogawa Steel Works of Japan . To update with the developing technology, in 1992, Tayo forged an alliance with ESW of Austria for technical up-gradation.
Since inception, Tayo has been a market leader and has met the country's roll requirements for a wide variety of industries. Through continuous improvements both in process as well as products, Tayo has kept pace with the changing needs of the
Since inception, Tayo has been a market leader and has met the country's roll requirements for a wide variety of industries. Through continuous improvements both in process as well as products, Tayo has kept pace with the changing needs of the industry thus providing more value to its customers in terms of more rolling per roll. Tayoâ€™s services to its customers are met through dedicated employees who have rich experience and are well trained in the application of hot as well as cold rolling applications.
The company has successfully diversified into production of special castings for use in power plants and has made significant presence in the industry. Tayo enjoys a wide customer base in India. It has also been exporting rolls to Australia, Austria, Bangladesh, Belgium, Canada, Egypt, Germany, Indonesia, Kazakhstan, Nepal, Norway, New Zealand, Oman, Quatar, Saudi Arabia, Sweden, Singapore , South Africa, Triniland, Talwan, UAE, Romania, Chez Republic and USA.
Tayo ensures that its products not only meet customer expectation but also with after sales service which are comparable to the best in the world.Tayo as a part of its backward integration had set up a mini Blast furnace of 40000 tpa for the manufacture of pig iron. Over the years its pig iron has captured a good share in the eastern India market.
Tayo embarks on setting up integrated facilities for the manufacture of forged rolls and engineering forgings. This would enable the company to become a total solution provider to the user industry for all category of rolls both cast and forged rolls.
Tayo has entered into a License and Know-how agreement with Sheffield Forgemasters International Ltd. of United Kingdom for transfer of technology for the manufacture of Forging quality Ingots, including Round Ingots, Forged Bars, Engineering Forgings and Forged Rolls.
Tayo Rolls limited is a signatory to 'Brand Equity and Business Promotion' (BEBP) Scheme of Tata Sons Limited. Company has also provided Senior Assessor for conducting assessment for CII EXIM BANK Award in 2003.
The company's Plant at Gamharia, 16KM West of Jamshedpur in India, is spread over an area of 50 acres.
Tayo Rolls limited is a signatory to 'Brand Equity and Business Promotion' (BEBP) Scheme of Tata Sons Limited. The Company has adopted Tata Business Excellence Module (TBEM) as a vehicle for excellence in business. The Company has undergone five cycles of Internal Assessment and four cycles of External Assessments conducted by Tata Quality Management Services ( TQMS ).
Product range of the company includes: