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Multibase India Limited
Sector:Chemicals Chemicals - Inorganic Chemicals
BSE:526169NSE:NABloomberg:MUIL@INReuters:MTBI.BO
Market Lot: 1Face Value: 10ISIN Demat: INE678F01014
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06-Aug-2014
Business Profile
Multibase India (MULTIBASE), incorporated on Dec. 17, 1991, is engaged in the business of manufacturing thermoplastic compounds. Earlier known as Synergy Multibase, it got its current name on Aug. 31, 2007. The company is part of the Multibase SA group, a leading compounder in Europe, the USA and India catering to the needs of the automotive, appliance, and garden furniture industries with more than 300 million pounds capacity and a central research laboratory to assist its subsidiaries and customers with research and development challenges. Multibase SA has been acquired by Dow Corning in April 2002 and merged the group with the thermoplastic division of Dow Corning.

The ISO 9001:2000 certified company manufactures master batches of synthetic resin, polypropylene, rubber compounds, thermoplastic master batches, silicone rubber and other products. The product portfolio includes thermoplastic silicone vulcanizate,siloxane masterbatches, multibatches, Multi-Flex, Nylex, Multi-Pro, and Multi-Flam. The manufacturing plant of the company is located at the Daman Industrial Estate in Nani Daman.

Credited as being the first producer of SEBS-based compounds in the country like thermoplastic elastomeric compounds, the company has diversified into silicon-enhanced products. These products find application in the automotive, personal care, personal hygiene, stationery, telecommunications and other sectors.

The registered office is at 74/5-6 Daman Industrial Estate, Kadaiya Village, Nani Daman, Daman & Diu (U T)-396210.



Financials
The company reported rise of 35.15% in standalone net profit on y-o-y basis to Rs 15.14 million, while total income rose 24.24% y-o-y basis to Rs 146.63 million for the quarter ended June 2014.

In Brief

 
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