The 5-year analysis of Bhilwara Spinners Ltd's performance infers:
We analysed the performance of Bhilwara Spinners Ltd share prices over the last 10 years. Here is what we found out:
Bhilwara Spinners, the flagship company of LNJ Bhilwara Group, was originally incorporated under the name of Bhilwara Texturisers Private limited on June 7,1980. Further, the companyâ€™s name was changed to Bhilwara Private Limited on December 17,1981and it was again changed to Bhilwara Spinners Private limited on February 11,1983.
The company is into the manufacturing synthetic blended yarn in raw white. The range of the yarn includes, 100% Polyester, Viscose, Acrylic,
The company is into the manufacturing synthetic blended yarn in raw white. The range of the yarn includes, 100% Polyester, Viscose, Acrylic, Polyester/Viscose blended, Polyester/Acrylic blended, Polyester/Viscose blended, Polyester/Linen blended,Viscose/Linen blended, High Twist / Super High Twist, Slub/ Spun yarn, Blended with Texturised, Special Application yarns for Carpet, Sewing Thread, Flame and Temperature Resistance yarn like Aramide, Modacrylic, Homo Acrylic, Poly Sulphide yarn (PPA).
Bhilwara Spinners Limited is an integral part of the LNJ Bhilwara Group. The Group is a multi-product conglomerate with a global presence and business interests spanning diverse industries like Textiles, Power Generation, Graphite Electrodes and IT enabled services.
Bhilwara Spinners, based at Bhilwara (Rajasthan), is engaged in the manufacture of cotton yarn, mercerised cotton yarn, synthetic blended yarn, hosiery yarn, and sewing threads in cotton and synthetics with an installed capacity of 29,536 spindles and 672 Rotors at its plant.
Based on the requirement of the market, Bhilwara Spinners diversified its product portfolio and now producing various value added product mix like Polyester / Acrylic, mod acrylic flame retardant yarn, Sewing thread, Slub yarn, Viscose Carpet Yarn, Linen Yarn etc. The unit is also manufacturing products suitable for other uses like upholstery, tapestry, and industrial fabrics.
The company also exports its products to more than 28 countries with major presence in Europe, Latin America, Middle East, Africa and the Far East.
The company is one of the biggest Export House of all kinds of Synthetic Ring Spun Yarns. It already has a very strong presence in markets like Europe, Latin America, Middle East, Africa and Far East and exportd 50% of its volume to these markets.
The company is planning to expand its operations in France.