The 5-year analysis of Zenith Exports Ltd's performance infers:
We analysed the performance of Zenith Exports Ltd share prices over the last 10 years. Here is what we found out:
Zenith Exports (ZEL), incorporated in 1981, operates three divisions namely silk division, spinning division, leather division and leasing finance. The company is promoted B R Loyalka.
Zenith Exports has manufacturing facilities are located Kolkatta, Bhagalpur, Bangalore and Mysore.
The company is one of the leading export house in Read More
The company is one of the leading export house in India and has received various awards from the Indian government agencies for excellent performance in exports.
The company has received ISO 9001 certification for its quality management. Zenith Exports has an in-house design facility that is well-equipped Computer Aided Design application to develop new designs.
Mysore Silk- The companyâ€™s silk unit is equipped with state-of-the-art technology. It has installed 28 shuttleless looms with production capacity of 100,000.00 metres per annum.
Being a 100% export-oriented Unit, the company manufactures fabrics for premium segment that has applications in women's wear, bridal wear and home furnishing.
Leather- This unit is engaged in manufacturing and exports of industrials leather hand gloves and leather made-ups.
Spinning- The company manufactures cotton yarn such as mÃ©lange yarns catering international cotton yarn market. It owns 19440 spindles that have manufacturing capacity of 4.1 million kilo of yarns. The company exports about 80% of its yarn to countries in Europe, Middle East, Brazil and Egypt
The company is planning to expand its weaving division. It plans to install 4 Wire flex Velvet Looms and one Dyeing Machine that will require a capital investment of Rs 951 lakh.