The 5-year analysis of Divyashakti Granites Ltd's performance infers:
We analysed the performance of Divyashakti Granites Ltd share prices over the last 10 years. Here is what we found out:
Divyashakti Granites ever since its inception in 1994 has carved a niche for itself for producing world-class granite. Despite its brief presence, the company has grown into one of the Countryâ€™s largest 100% Export Oriented Granite Processing Unit in a wide spectrum of colors, textures and finish, to customers world-wide.
Divyashakti Granite born as a new bright star in the export market of processed granite was the brain child of Shri N.V.Rattaiah, a
Divyashakti Granite born as a new bright star in the export market of processed granite was the brain child of Shri N.V.Rattaiah, a Civil Engineer and by then recognized as one of the senior most builders in the State of Andhra Pradesh in India. He had long behind him by then the credit of having constructed Divyashakti Apartments at Ameerpet, Hyderabad, and a unique feat of encompassing about 400 Apartments in a single compound with the additional attraction of a big commercial complex in the front. The project initially conceived as a probable ready access to availability of flooring, material started growing beyond all expectation, went public in the stock market and grew in no time into a major player in the business of export of processed granite slabs to countries in South East Asia, Europe and America. Thus the child is now a fully grown up, dynamic and virile adult but still under the guidance of the experienced old hands.
The Company which started with a public equity of about Rs.10 Crores has now a total â€œCapital Employedâ€ to the extent of Rs.23 Crores, the whole excess of Rs.13 Crores coming out of â€œReservesâ€ generated by the operations of the company, correspondingly balanced by a healthy combination of Fixed Assets and Net Current Assets.
With an installed capacity of about 3,75,000 sq mts of granite slabs per annum, the company has state-of-the art machinery from M/s. BRA Officine Meccaniche spa, Italy; Gaspari Menotti spa, Italy; Breton spa, Italy; Simec spa, Italy; Bideseimpianti srl, Italy; and Socomac srl, Italy, to ensure quality granite cut, shaped and polished to perfection.
Product range of the company includes: