Emmbi Polyarns PBT up by 56%, PAT up 47%

For the Year

• Net sales increased by 40.74% to Rs. 75.40 cr
• PBT increased by 55.89% to Rs. 4.43 cr
• PAT increased by 46.65% to Rs. 2.56 cr

Emmbi Polyarns Limited (BSE code: 533161), one of the well established players in the field of woven polyethylene and polypropylene product manufacturing industry, reported a 40.74% rise in revenue to Rs. 75.40 Cr for the year ended March 31, 2011.

While the company saw its net profit moving northward to Rs 2.56 Cr for the year ended March 31, 2011 as against 1.75 Cr in the last fiscal, its top line rose to Rs. 75.40 Cr for the current year which was Rs. 51.83Cr in the previous year.

The Managing Director, Mr. Makrand Appalwar, Emmbi Polyarns Ltd. commenting on the performance said, “We are extremely pleased with the numbers. Considering the capacity of newly expanded project, we expect much more healthy numbers in the current fiscal.  I would like to thank our shareholders for their continuous support & we would strive hard to get the same kind of support in the future as well. ”

About Emmbi Polyarns Limited:
Emmbi started the production of FIBC (Jumbo Bags) Geo-textiles, Canal Liners, Pond Liners, Flexible Tanks, Car Covers, Lumber Cover, PP Fibrillated Stitching Yarn, Container Liners, Protective irrigation system, etc back in 2006 & there has been no looking back since then.

They became among the first few companies in India to receive ISO Certification for the Management system in Woven Sack Industry. The Company is promoted by the first-generation entrepreneurs, Mr. Makrand Appalwar and Mrs. Rinku Appalwar from November 1994. Emmbi Polyarns is one of the well established brands in the field of woven polyethylene and polypropylene product manufacturing industry having a track record of business in the field of woven sacks and Flexible Intermediate Bulk Container (FIBC) container liners, Canal Liners, Protective Irrigation Systems, Flexi Tanks, Car Covers which find large scale application in the segments like cement and fertilizer. Geotextile are permeable fabrics which, when used in association with soil, have the ability to separate, filter, reinforce, protect, or drain. Typically made from polypropylene or polyester, Emmbi Polyarns is a pioneer in the production of these Geo-textile woven fabrics.