The 5-year analysis of CJ Gelatine Products Ltd's performance infers:
We analysed the performance of CJ Gelatine Products Ltd share prices over the last 10 years. Here is what we found out:
C J Gelatine Products originally incorporated as a private limited company converted into a public limited company in 1985. The company is basically engaged in the production of gelatin from animal bones and the marketing thereof.
The company's factory is located in Mandideep Industrial Area, Dist. Raisen, Madhya Pradesh, India and the Registered Office at Tokersi Jivraj Wadi, Acharya Donde Marg, Sewri (W), Mumbai, Maharashtra, India.
India is one of the world's largest exporters of
India is one of the world's largest exporters of crushed bones and Ossein, the basic raw materials for high grade gelatine. This easy availability of quality raw material motivated C J to set up a plant which could manufacture the various grades of gelatine according to international standards.
Gelatine is generally used in capsule manufacturing, tablet coating, confectionery and ice-cream. It is also used by rubber industry. Apart from gelatine, Di-Calcium Phosphate (DCP) produced as a bye product is used for poultry and cattle feed.
From the late sixties to the early seventies, two plants had already been set up in India, one with French expertise and the other with UK assistance. As a result, people with substantial experience in the gelatine industry were available. The need of the hour was, therefore, to set up a plant with the latest technology and machinery of the highest standards.
The DCP production and sales during the year 2006-07 suffered due to Bird Flu and sluggish market. However, they have started improving during 2007-08.
Product manufactured by the company includes: