MoneyWorks4Me analysed the past 10-year performance of Ess Dee Aluminium Ltd and arrived at the following conclusion:
The 5-year analysis of Ess Dee Aluminium Ltd's performance infers:
We analysed the performance of Ess Dee Aluminium Ltd share prices over the last 10 years. Here is what we found out:
Ess Dee Aluminium (EDAL) is engaged in manufacturing of aluminium foil and poly vinyl chloride (PVC) based products. In the year 2004 the company set up aluminium foil manufacturing in Daman.
Currently the EDAL owns 8 state of the art manufacturing plant spread across India. Ess Dee is a leading supplier of primary packaging materials.
EDAL has clientele includes pharmaceutical companies and FMCG majors namely Ajanta Pharma, Cadila Pharmaceuticals, Dr. Reddy's Laboratories, Pidilite Industries, Reckitt Benckiser, Wockhardt, Kalindi Medicure, Hindustan Latex, Indico Remedies, Zydus Cadila, Ranbaxy Laboratories are amongst others
The company also exports to customers located in Latin America, Africa, Middle East and South East Asia.
In 2010 India Foils was merged with ESS DEE Aluminium.
In 2011 the company launched House Foil product and opened a Wholly Owned Subsidiary in the Republic of Singapore.
Ess Dee manufactures a range of aluminium foil-based and poly vinyl chloride based products used for various types of packaging
Aluminium Strip Pack Foil â€“ This is a soft aluminium foil used to protect the packaged material for its prescribed shelf life.
Aluminium Blister Pack Foil â€“ This is a hard aluminium foil coated with heat seal lacquer used for protecting drugs till the prescribed shelf life.
PVC Film â€“ This type of products are used for packaging of capsules and tablets biscuits, cakes and food trays. It has properties like thermoforming, shape retention, barrier and sealing.
PVDC Coated PVC Film â€“ this product has basic feature of PVC film but is used for high moisture and oxygen sensitive products like vitamins and capsules.