Ahmedabad, Gujarat—13th December, 2013 Astral Poly Technik Limited, a leader in manufacturing of CPVC Pipes & Fittings has been awarded Business Standard Star SME of the year, 2013. The Award was to honor the Corporate Excellence in the year 2013. The Business Standards Awards, 2013 was comprised of Jury –
1) KKR India CEO Mr. Sanjay Nayar
2) Amarchand & Mangaldas MD Mr. Cyril Shroff
3) McKinsey India MD Mr. Nosir Kaka
4) ICICI Bank Chairman Mr. K. V. Kamath
5) Future Group CEO Mr. Kishore Biyani and
6) Marico Ltd CMD Mr. Harsh Mariwala
Astral Poly Technik Limited has set the standard for innovation with its continuous expanding and building Production Capacity over a period of time which has led the Company to win this Award.
The Growth story of the Company was the major factor towards this success. The Company has been continuously growing since its initial Public Offering in early 2007.
Key highlights of the performance of the Company:
| Year 2007 | Year 2013 | Growth CAGR |
SALES (Rs. in Mn) | 969 | 8211 | 43% |
EBITA (Rs. in Mn) | 140 | 1118 | 41% |
PBT (Rs. in Mn) | 108 | 779 | 39% |
PAT (Rs. in Mn) | 91 | 595 | 37% |
Cash Profit (Rs. in Mn) | 113 | 772 | 38% |
Production Vol. (M.T.) | 5,091 | 49,495 | 46% |
Capacity in M.T. | 9,074 | 77,212 | 64% |
The Company has its geographical presence in –
North- Plant at Baddi, Himchal Pradesh
South- Plant at Hosur, Tamilnadu
West- Plant at Santej & Dholka, Gujarat
Company Name: Astral Poly Technik Limited
Contact Person: Mr. Hiranand Savlani - CFO
Email:Send Email
Phone: +91-079-66212000
Address:207/1, Astral House, B/h. Rajpath Club, Off. S. G. Highway
City: Ahmedabad
State: Gujarat
Country: India
Website: www.astralcpvc.com
Source: www.abnewswire.com