ORIENT BELL LTD. (ORIENTBELL) - Multibagger

ORIENT BELL LTD. (ORIENTBELL) -  cmp 276, Short term can move to 350 - 420

Orient Ceramics & Industries was incorporated on 18 May '77. It was promoted by K C Kejriwal in collaboration with AGRDB, Germany, to manufacture ceramic tiles. The erstwhile collaborators and the Indian promoters were unable to produce any saleable tiles. The company was then taken over by Somany-Pilkingtons in 1981 under the rehabilitation package from IFCI and has since repaid all its dues under the deal. Somany-Pilkingtons sold off its holdings in 1993 and Mahendra K Daga has since been at the helm of affairs. In 1998-99, the company introduced India's largest wall tiles, measuring 400mm x 300mm. A new mono-firing unit was commissioned during 2000-2001.By commissioning this unit the total installed capacity of Ceramic Tiles rose upto 95000 TPA.The company issued fully paid Bonus Shares of Rs.2.34 crores in September 2000. The company's diversification plan includes trading of other building products,like sanitary wares,bathroom fittings and designer tiles.

ORIENT BELL LTD - FINANCIAL RESULTS

PARTICULARS ( CR)	MAR 2017	MAR 2016	% CHG
NET SALES	207.22	209.39	-1.04
OTHER INCOME	1.4	0.92	52.17
TOTAL INCOME	208.62	210.31	-0.8
TOTAL EXPENSES	187.74	192.73	-2.59
OPERATING PROFIT	20.88	17.58	18.77
NET PROFIT	4.1	3.35	22.39
EQUITY CAPITAL	14.19	14	-

> More on Orient Bell Ltd Financials Results

Orient Bell's Shareholding Pattern

 74.74%

Description	Percent of Share (%)
Promoters	74.74
Individuals	22.78
Institutions	0.00
FII	0.00
Govt.	0.00
Others	2.48

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