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Naval Technoplast Industries Limited
Sector:Engineering Engineering - Textile Machinery
BSE:32014NSE:NABloomberg:NVTI@INReuters:NAVL.BO
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17-Oct-2008
Business Profile
Naval Technoplast Industries (NAVALTC), incorporated in 1992, is engaged in the manufacture of plastic molded articles.

The product portfolio includes ring frame tubes, simplex bobbins, winding cone tubes, dyeing tubes and cone and silver can springs. These products find application in the textile sector. Production facilities are located in the Ahmedabad district of Gujarat. Technology is provided by collaborators Grashorn & Co GmbH, Germany, one of the leading suppliers of spinning cans in Europe. Among the leading textile bobbin manufacturers in the world, the company markets its products through Shivam Marketing & Services. It is suspended from the BSE on account of noncompliance with listing agreement clauses.

The registered office is at A-1, 3901, GIDC, Phase IV, Vatva, Ahmedabad-382445, Gujarat.


Financials
Naval Technoplast Industries registered a 0.85% growth in net profits to Rs 1.19 million for the quarter ended June 2008 from a profit of Rs 1.18 million for the quarter ended June 2007.
Net sales rose 0.37% to Rs 60.23 million for the quarter ended June 2008 from Rs 60.01 million for the quarter ended June 2007.
Total income was Rs 60.32 million for the quarter ended June 2008.
The earnings per share (EPS) of the company stood at Rs 0.22 for the quarter ended June 2008.

In Brief

 
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