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Jindal Photo Limited
Sector:Others Others - Photographic & Allied products
BSE:532624NSE:JINDALPHOTBloomberg:JPL@INReuters:JINP.BO
Market Lot: 1Face Value: 10ISIN Demat: INE796G01012
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22-Aug-2012
Business Profile
Jindal Photo (JINDALPH), part of the B.C. Jindal group, is a manufacturer of photographic and allied products. It was incorporated in 1986.

The company`s product range includes color roll films, analog and digital cameras, photographic color paper, medical X-ray films and equipment, photo processing equipment, cine color positives, photographic chemicals, ..etc. It markets its products under the brand name Fujifilm. The company has a technical and marketing tie-up with Fuji Photo Films Company, Japan and a technical tie-up with Fuji Hunt Photographic Chemicals, Singapore (a subsidiary of Fuji, Japan) to manufacture photo chemicals. The ISO 9002 certified company has its manufacturing plants in Dadra and Jammu.

Jindal Photo has a photography training institute in Delhi. The Academy of Photographic Excellence conducts one-year diploma courses apart from short-term weekend courses. It has acquired a 38.74% stake in the existing group SPV, namely, Jindal France SAS for acquiring a strategic stake in Coheris SA, a company listed in France. Jindal Imaging is a subsidiary of the company.

The company has sold photo-finishing labs throughout the country as part of its business strategy. It has set up 800 Fuji image service (FIS) facilities, a specialized outlet to sell Fuji products and over 400 Fuji digital imaging (FDi) facilities as an extension of the imaging services already available across India. The company markets the Fuji digital range of products including digital ID systems, digital cameras, and digitized photographic processing equipments after importing it from Japan.

The registered office of the company is located in 260/23, Sheetal Industrial Estate, Demani Road, Dadra and Nagar Haveli Union Territory-396193.


Financials
The company announced fall of 91.25% in standalone net profit on y-o-y basis to Rs 9.90 million, while total income rose 21.02% y-o-y basis to Rs 1.31 billion for the quarter ended June 2012.

In Brief

 
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