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Emmbi Industries Ltd.

BSE: 533161 Sector: Industrials
NSE: EMMBI ISIN Code: INE753K01015
BSE 00:00 | 20 Feb 98.35 -0.55
(-0.56%)
OPEN

98.75

HIGH

98.75

LOW

97.85

NSE 00:00 | 20 Feb 98.70 -0.70
(-0.70%)
OPEN

99.50

HIGH

100.90

LOW

98.15

OPEN 98.75
PREVIOUS CLOSE 98.90
VOLUME 11
52-Week high 175.00
52-Week low 94.95
P/E 11.09
Mkt Cap.(Rs cr) 174
Buy Price 98.35
Buy Qty 248.00
Sell Price 103.00
Sell Qty 1.00
OPEN 98.75
CLOSE 98.90
VOLUME 11
52-Week high 175.00
52-Week low 94.95
P/E 11.09
Mkt Cap.(Rs cr) 174
Buy Price 98.35
Buy Qty 248.00
Sell Price 103.00
Sell Qty 1.00

Emmbi Industries Ltd. (EMMBI) - Company History

Emmbi Polyarns Ltd is amongst the premier and an established manufacturer of a wide range of woven polyethylene and polypropylene bags. The company is engaged in manufacture and sale of FIBC (Jumbo Bags) and Woven Sacks and various woven polymer based products like Container Liners, Protective irrigation system, Canal Liners, Flexi Tanks, Car covers etc. They are an ISO certified Company, with a legacy of over fifteen years of presence in the industry. The company manufactures high-quality woven Polypropylene & Polyethylene based products used mainly in packaging, infrastructure, housing, disaster management and Hazardous waste disposal industry. Their main products are Flexible Intermediate Bulk Container (FIBC), Technical Textile, Flexible Tanks, Woven Sacks, Car Covers, Bulk Cargo Handling Systems and Anti Corrosive Packaging. The company supplies these products to various blue-chip customers in domestic as well as international markets. The major customers in the domestic market include multinational companies in FMCG sector. Internationally, the customers are major automobile manufacturers, major glass manufacturers, major cement manufacturers, leading seed manufacturer, players in the petrochemical industry, and various other international customers spanning more than 18 countries through out the world. The company has a fully equipped manufacturing facility located at Silvassa in the Union Territory of Dadra and Nagar Haveli. The factories occupy 85000 sq ft constructed area with more than 135000 sq ft of Lush Green Campus. These facilities are augmented with adequate power and water sources. The company has been awarded SME 2 Rating by CRISIL Ltd which indicates high level of credit worthiness adjudged in relation to other SMEs. They are amongst the first few companies in India to achieve ISO Certification for the Management system in Woven Sack Industry. Emmbi Polyarns Ltd was incorporated on November 29, 1994 as a private limited company with the name Emmbi Polyarns Pvt Ltd. The company was promoted by the first-generation entrepreneurs, Makrand Appalwar and Rinku Appalwar. The company first started off with trading of woven polyethylene and polypropylene bags. Subsequently, the company backward integrated into manufacturing and in the year 1997, they installed first extrusion plant with an installed capacity of 80 kg/hr. In April 1, 1999, the company was converted into a public limited company and the name was changed to Emmbi Polyarns Ltd. In the year 1999, the company increased the production capacity from 80 kg/hr to 100 kg/hr. In the year 2001, they further increased the production capacity from 100 kg/hr to 125 kg/hr. In the year 2003, they completely refurbished the down stream equipment of the Extrusion line to increase the operating speed of the machine resulting in additional output of 100 kg/hr making it a 225 kg/hr plant. In the year 2005, the company purchased a new unit at Rakholi. In the year 2008, the company became the member of Small & Medium Business Development Chamber of India. The company plans to expand the installed capacity from 5,000 MTPA to 17,800 MTPA. The company is in the process of entering new Technical Textile applications consisting of geo textile, pond liners, canal liners, flexi-tanks, etc. These products are well-accepted in the western world and offer far superior value addition compared to its mainstay woven PP-based packaging products.