AB Newswire

Astral Poly Technik Limited Has Been Awarded Business Standard Star SME of the Year, 2013

 
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Ahmedabad, India -- (SBWIRE) -- 12/16/2013 -- 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

Press Release Source : AB Newswire