ABOUT INDO ALUSYS INDUSTRIES LIMITED
INDO ALUSYS INDUSTRIES LIMITED(formerly known as Mahavir Aluminium Limited)is one of the topmost manufacturers of Aluminium Extruded Products that are known for their high strength to weight ratio, durability and excellent electrical andthermal conductivity.Apart from aluminium extrusion products, the company is engaged in the business of manufacturing and supply of signaling, quad and power cables for supply to Railways/State Electricity Board.
The manufacturing facilities of Indo Alusys Industries Limited are located in the highlydeveloped Industrial Area of Bhiwadi, in Alwar District of Rajasthan, which is about 50 kmsfrom the International Airport, New Delhi.
Indo AlusysIndustries Limited has specialized Architectural Products Division, which is engaged in creating innovativelydesigned Architectural Door Hardware, Aluminium Doors, Partitions, Windows, Structural Glazing, and Curtain WallSystems. These products are developed using highly advanced CADtechnology. In addition to manufacturing & fabrication of finished products, the companyalso take care of follow up facilitates like installation, maintenance and refurbishment. Thenew generation aluminium Architectural Systems saves wood and thus protect theenvironment, with the changing focus of customers from traditional wooden material tolight metals like Aluminium.The Company is marketing its Product Aluminium Extrusion under the Brand Name MAL.
17th October 1979
Category/Sub-category of the Company
Limited by Shares
Address of the Registered office and contact details
B-292, Office No.303, 3 Floor, Chandra Kanta Complex,
New Ashok Nagar, Delhi-110096
Name, Address and Contact Details of
Registrar and Transfer Agent, if any
M/S. Alankit Assignments Ltd.
Alankit Heights, 3E/7, Jhandewalan Extension,
Tel. No. : +91-11-4254 1234
E-mail : firstname.lastname@example.org
PRINCIPAL BUSINESS ACTIVITES OF THE COMPANY
Name and Description of main products/services
NIC Code of the product/service
% to total turnover of the Company
Aluminium Extruded products/Alloy Ingots
BOARD OF DIRECTORS
Mr. Pradeep Kumar Jain (Managing Director)
Mr. K. L. Garg (Independent Professional Non-Executive Director)
Ms. Suman Lata Saraswat (Independent Professional Non-Executive Director)
Ms. Sanchiyta Narula (Independent Non-Executive Women Director)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
INDO ALUSYS INDUSTRIES LIMITED does not have any subsidiary or associate company.
INDO ALUSYS INDUSTRIES LIMITEDUNLISTED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Last Traded Price
(As on 31-03-2020)
Number of shares
% of total Shares of the company
Sh. Pradeep Jain (Promoter)
Sh. Pradeep Jain (HUF) (Promoter)
Mr. Ishaan Jain (Promoter)
India ranks among largest producer of aluminium in the world. Aluminium is the largest nonferrousindustry in the world economy and is one of the significant industries in Indianeconomy. The Indian Aluminium industry is likely to see growth in double digits over next few years on account of consistently growing demand from architectural, construction,building, and automobilesectors. The per capita consumption of aluminium in developed countries is around 20to 47 Kgs. But,in India, it is only 2.5 Kgs. Thusthere is a wide scope for the industry to develop under the current scenario.
As Government is now considering the new incentives to be allowed, the usage ofaluminium will improve in the construction sector. The consumer durables andpackaging sectorsare also showing positive growth signs with the rise inconsumer income.
Primary aluminium exports from India surged almost 50% during the first quarter of FY 2021which helped domestic producers to tackle a sharp decline in domestic demand, in thewake of the COVID-19 pandemic in Q1FY 2021. However domestic demand returned with easing of restrictionsin Q2 and exportsmoderated. Exports grew by just 6.8% year on year in Q2 as compared to 50% growth in the June 2020 quarter. Share of export in total production also reached pre-covid level of 56% in the month of December 2020 after peaking to 78% in April 2020.
The future for aluminium and aluminium extrusion in India looks promising with the low percapita consumption in the country coupled with high and good quality reserves of Bauxite.Awareness of the utility of aluminium in various industrial sectors is growing and it providesa lower cost option as to use of various metals in different sectors.
PROFIT & LOSS STATEMENT OF INDO ALUSYS INDUSTRIES LIMITED(In Rs. Lakhs)
Revenue from Operations
Profit before Tax
Profit After Tax (PAT)
EPS (In Rs.)
BALANCE SHEET OF INDO ALUSYS INDUSTRIES LIMITED (In Rs. Lakhs)
31st March 2020
31st March 2019
NON CURRENT ASSETS
TOTAL NON CURRENT ASSETS
Cash and cash equivalent
Other current assets
TOTAL CURRENT ASSETS
EQUITY AND LIABILITIES
Equity Share Capital
NON CURRENT LIABILITIES
Other non-current liabilities
TOTAL NON CURRENT LIABILITIES
Other current liabilities
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (final + interim) (In Rs.)
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company decreased by 45.9% from Rs. 36,017.47 lakhs in FY 2019 to Rs. 19,476.01 lakhs in FY 2020.
EBITDA of the company turned from a profit of Rs. 3,636.79 lakhs in FY 2019 to a loss of Rs. 5,091.70 lakhs in FY 2020.
The company incurred a loss of Rs. 5,129.12 lakhs in FY 2020, as against a net profit of Rs. 141.31 lakhs in FY 2020.
Current Ratio of the company as of 31st March 2020 was 0.83.
Debt to Equity ratio of the company as of 31st March 2020 was 1.17.
The company has not given any dividend from the past three years.
The book value per equity share of the company as of 31st March 2020 was Rs. 155.59.
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