Balancesheet - Dalmia Bharat Sugar and Industries Ltd.
Mar'07 Mar'06
Particulars Mar'10 Mar'09 Mar'08
Liabilities 12 Months 12 Months 12 Months 12 Months 12 Months
Share Capital 16.19 16.19 16.17 8.55 7.65
Reserves & Surplus 1,307.60 1,189.38 1,058.62 666.35 334.24
Net Worth 1,377.64 1,268.20 1,147.14 753.48 428.27
Secured Loans 2,740.20 1,901.98 1,050.07 930.63 624.61
Unsecured Loans 110.21 436.29 533.27 83.96 58.57
TOTAL LIABILITIES 4,228.05 3,606.46 2,730.48 1,768.07 1,111.44
Assets
Gross Block 3,373.62 2,618.42 1,882.98 1,697.08 1,044.58
(-) Acc. Depreciation 789.45 649.29 558.26 469.93 414.02
Net Block 2,530.31 1,906.49 1,252.37 1,148.56 544.18
Capital Work in Progress. 247.58 697.47 501.30 116.48 158.03
Investments. 800.98 667.54 613.83 378.56 175.28
Inventories 707.40 530.91 491.60 197.54 191.68
Sundry Debtors 213.82 214.05 105.06 82.08 59.75
Cash And Bank 210.85 54.72 87.04 103.76 58.90
Loans And Advances 257.51 344.06 436.52 295.84 148.69
Total Current Assets 1,389.58 1,143.74 1,120.22 679.23 459.03
Current Liabilities 778.92 846.35 714.65 578.38 279.54
Provisions 15.34 25.06 114.94 54.97 32.59
Total Current Liabilities 794.25 871.41 829.59 633.35 312.13
NET CURRENT ASSETS 595.33 272.33 290.63 45.88 146.90
Misc. Expenses 0.00 0.00 0.00 0.00 0.67
TOTAL ASSETS (A+B+C+D+E) 4,228.05 3,606.46 2,730.48 1,768.07 1,111.44
Director Report
Mar2009 Mar 2010
The Directors have pleasure in submitting the Annual Report and Audited Statements of Account
of the Company for the year ended 31st March, 2010.
FINANCIAL RESULTS
(Rs. in Million)
FY-10 FY-09
Net Sales Turnover 21543 17536
Profit before interest,
depreciation and tax (EBITDA) 5117 4941
Less: Interest and
Financial Charge 1756 1469
Profit before depreciation
andtax(PBDT) 3361 3472
Less: Depreciation 1320 872
Profit before tax (PBT) 2041 2600
Provision for current tax 67 337
Provision for deferred tax 604 657
Fringe Benefit tax - 20
Profit after tax (PAT) 1370 1586
Add: (i) Surplus
brought forward 7091 6118
(ii)Transfer from Debenture
Redemption Reserve 125 -
Profit available for
appropriation 8586 7704
APPROPRIATIONS:
General Reserve 200 200
Debenture Redemption
Reserve (net) 129 129
Interim/Proposed Dividend 162 243
Dividend Distribution
tax thereon 27 47
Balance carried forward 8068 7091
8586 704
DIVIDEND
Your Directors had disbursed an interim dividend amounting to Re. 1/-
per equity share of face value of Rs. 21- each in February, 2010. In
addition to the interim dividend, your Directors have decided to
recommend a final dividend amounting to Re. 1 /- per equity share of
the face value of Rs. 21- each, thus making the total dividend payout
for the year Rs. 21- perequityshareasagainstRs.3/-perequitysharelastyear.
OPERATIONS AND BUSINESS PERFORMANCE
Please refer to the chapter on Management Discussion and Analysis for a
detailed analysis of the performance of the Company during 2009-10. In
addition, working results for key businesses have been provided as an
annexure to thisreport(Annexure-A).
SCHEME OF ARRANGEMENT
With a view to effectively and efficiently cater to the growth plans of
the business segments, the Board of Directors of the Company have
approved a Scheme of Arrangement whereby the refractory, cement and the
captive thermal power businesses are being demerged into Dalmia Bharat
Enterprises Limited, a wholly owned
subsidiaryoftheCompanyandthereafter,thecementand
captive thermal power businesses are being transferred, respectively,
to Avnija Properties Limited and DCB Power Ventures Limited, two other
subsidiaries of the Company. In consideration of the demerger of the
businesses, Dalmia Bharat Enterprises Limited will be issuing one
Equity Share of Rs. 21- each for every one Equity Share of Rs. 21-
each held by the Members of the Company as on the record date to be
announced for such purposes.
CORPORATE GOVERNANCE
The Companys corporate governance practices have been detailed in a
separate chapter and is annexed to and forms part of this Report. The
Auditors certificate on the compliance of Corporate Governance Code
embodied in Clause 49 of the Listing Agreement is also attached as
annexure and forms part of this Report.
LISTING OF SHARES
The Companys shares continue to be listed on the Madras Stock
Exchange, National Stock Exchange and Bombay StockExchange.
INDUSTRIAL RELATIONS
The industrial relations during the year under review remained
harmonious and cordial. The Directors wish to place on record their
appreciation for the excellent cooperation received from all employees
at various units of the Company.
EMPLOYEES PARTICULARS
The statement giving particulars of employees who were in receipt of
remuneration in excess of the limits prescribed under Section 217(2A)
of the Companies Act, 1956 read with the Rules and Notifications made
thereunder, is annexed. However, in terms of the proviso (b)(iv) to
Section 219(1) of the Companies Act, 1956 the Report and Accounts are
being sent to the Members excluding the aforesaid Annexure. Any Member
interested in obtaining copy of the same may write to the Company
Secretaryatthe Registered Office.
ENERGY CONSERVATION, TECHNOLOGY ABSORPTION AND
FOREIGN EXCHANGETRANSACTIONS
A statement giving details of Conservation of Energy, Technology
Absorption and Foreign Exchange transactions, in accordance with the
Companies (Disclosure of particulars in the Report of the Board of
Directors) Rules, 1988,formsapartofthisreportasAnnexure-B.
SUBSIDIARIES
The Central Government vide their letter No. 47/255/2010- CL III, dated
15-4-2010 has exempted the Company in terms of Section 212(8) of the
Companies Act, 1956, from attaching the Annual Reports of its
Subsidiaries. Accordingly,theDirectorsReportandaudited accounts of
the Companys Subsidiaries, Kanika Investment Limited, Ishita
Properties Limited, Shri Rangam Properties Limited, Geetee Estates
Limited, D.I. Properties Limited, Avnija Properties Limited, Hemshila
Properties Limited, Himshikhar Investment Limited,
ArjunaBrokers&Minerals Limited, Shri Radha Krishna Brokers & Holdings
Limited, Dalmia Solar Power Limited (formerly: Shri Rangam Brokers &
Holdings Limited), Dalmia Minerals & Properties
Limited, Dalmia Power Limited (formerly: Seeta Estates & Brokers
Limited), Dalmia Bharat Enterprises Limited (formerly: Sri Kesava Mines
& Minerals Limited), Sri Shanmugha Mines & Minerals Limited, Sri
Subramanya Mines & Minerals Limited, Sri Swaminatha Mines & Minerals
Limited, DCB Power Ventures Limited (formerly: Sri Madhava Minerals &
Properties Limited), Sri Dhandauthapani Mines & Minerals Limited, Sri
Madhusudana Mines and Properties Limited, Sri Trivikrama Mines and
Properties Limited, Dalmia Sugar Ventures Limited, and ultimate
subsidiaries, Dalmia Cement Ventures Limited, Cosmos Cements Limited,
Sutnga Mines Private Limited, Rajputana Properties Private Limited and
Golden Hills Resort Private Limited for the year ended 31st March 2010
are not being enclosed with this Annual Report. Any Member desiring to
inspect the detailed Annual Reports of any of the aforementioned
subsidiaries mayinspectthesameatthe Head Officeofthe Company and that
of the subsidiaries concerned. In event a Member desires to obtain a
copy of the Annual Report of any of the aforementioned subsidiaries, he
may write to the Registered Office of the Company specifying the name
of the subsidiary whose Annual Report is required. The Company shall
supply a copy of such Annual Report to such Member. The Annual Report
of the aforementioned Subsidiaries are available at the Companys
website www.dalmiacement.com.
Avnija Properties Limited (APL), a wholly owned subsidiary of this
Company, into which it is proposed to demerge the cement business, has
entered into definitive agreements with M/s. KKR Mauritius Limited
(KKR) under which fresh equity subscription will be infused into APL to
the extent of Rs.7,500million,intranches,foranequitystakeofupto21%.
The investment by KKR will be subject to necessary approvals and
fulfilment of the agreed conditions precedent. Besides aforementioned,
the definitive agreements also contain covenants on affirmative rights
to KKR, appointment of nominee directors in APL and exit option
including through Initial PublicOffering by APL.
FIXED DEPOSITS
The total amount of deposits remaining due for payment and not claimed
by the depositors as on 31 st March 2010 was Rs. 1.08 million in
respect of 14 depositors. None of the depositors have approached the
Company for renewal/repayment of deposits till date.
DIRECTORS
The following Directors retire by rotation at the ensuing Annual
General Meeting:.
1. ShriT.Venkatesan;
2. ShriM.H. Dalmia; and
3. ShriN.Gopalaswamy
Shri Asanka Rodrigo was appointed as an Alternate Director to act in
place of Shri Donald M. Peck in the Board Meeting held on 18-3-2010.
Shareholdings in the Company by its Directors as at 31-3-
2010,areasunder:
Name of the Director No. of Shares of Rs. 21- each held
Shri J.H. Dalmia 16,35,010
Shri Y.H. Dalmia 602,380
Shri Gautam Dalmia 6,77,290
Shri Puneet Dalmia 7,42,055
ShriT.Venkatesan 2,000
CONSOLIDATED FINANCIAL STATEMENTS
In compliance with the Accounting Standard 21 on Consolidated Financial
Statements, this Annual Report also includes Consolidated Financial
Statements for the financial year 2009-10.
CEO/CFO REPORT ON ACCOUNTS
As required under clause 49 of the Listing Agreement, the CEO/CFOs
Report on the Accounts is attached.
DIRECTORS RESPONSIBILITY STATEMENT
In terms of the provisions of Section 217(2AA) of the Companies Act,
1956your Directors declare that:
a) in the preparation of the annual accounts, the applicable Accounting
Standards have been followed and no departures have been made there
from;
b) the Directors had selected such accounting policies and applied them
consistently and made judgements and estimates
thatarereasonableandprudentsoas to give a true and fair view of the
state of affairs of the Company at the end of the financial year and of
the profitoftheCompanyforthatperiod;
c) the Directors had taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Act for safeguarding the assets of the Company and
for preventing and detecting frauds and other irregularities;and
d) the Directors had prepared the annual accounts on a going concern
basis.
AUDITORS
M/s. S.S. Kothari Mehta & Co., Chartered Accountants and M/s. S.R.
Batliboi & Co., Chartered Accountants, the Joint Auditors of the
Company retire at the conclusion of the ensuing Annual General Meeting
and are eligible for re- appointment. As required under Section 224 of
the Companies Act, 1956, the Company has obtained from both of them a
certificate to the effect that their re- appointment, if made, would be
in conformity with the limits prescribed in the said Section.
For and on behalf of the Board
Place: NEW DELHI
Dated:May26,2010 CHAIRMAN
DALMIASUG- Key Fundamentals
Market Cap (Rs Cr.):212
EPS - TTM (Rs):-3.51
P/E Ratio (x):-7.36
Face Value (Rs):2.00
Latest Div. (%):50.00
Div. Yield (%):7.67
Book Value / sh. (Rs) :163.06
P/B Ratio (x):0.16
Competitors: Sugar - Integrated
SYMBOL
PRICE
%CHANGE
VOLUME
Ugar Sugar Works Ltd.
15.95
0.31%
9542
Sakthi Sugars Ltd.
39.55
2.10%
36218
Rajshree Sugars & Chemicals Ltd.
57.40
1.71%
764
DCM Shriram Industries Ltd.
68.55
0.58%
4726
Mawana Sugars Ltd.(Old)
27.90
0%
83983
Simbhaoli Sugars Ltd.
44.80
0.90%
10349
Thiru Arooran Sugars Ltd.
91.35
2.81%
1096
Dharani Sugars & Chemicals Ltd.
33.00
3.93%
714
Piccadily Agro Industries Ltd.
36.45
0.13%
17907
Upper Ganges Sugar & Industries
54.70
1.86%
6328
Dhampur Sugar Mills Ltd.
70.00
0.21%
46995
DALMIASUG- Shareholding Pattern
No. of Shares
% Holding
Promoters 4.72Cr. 58.08%
General Public 0.89 Cr. 10.91%
Other Companies 0.81 Cr. 9.97%
DALMIASUG- Financials
Q3 / 2010
Ann 2010
Total Income Cr. 186 2,186
EBIT Cr. 29 376
Pat(cr) 12 137
Eps(rs) 1.45 16.92
Management
Name Designation
Asanka Rodrigo Alternate Director
Donald M Peck Ind. Non-Executive Director
G N Bajpai Ind. Non-Executive Director
Gautam Dalmia CEO
Gautam Dalmia Managing Director
J S Baijal Ind. Non-Executive Director
Jai Hari Dalmia Vice Chairman
K V Mohan Co. Secretary & Compl. Officer
K V Mohan Secretary
M Raghupathy Ind. Non-Executive Director
Mridu Hari Dalmia Non Executive Director
N Gopalaswamy Non Executive Director
Pradip Kumar Khaitan Chairman & Non-Exe.Director
Puneet Dalmia Chief Executive Officer
Puneet Dalmia Managing Director
T Venkatesan Whole Time Director
V Sundararaj Sr. Manager(Accounts)& Compl. Officer
Vipin Agarwal Chief Financial Officer
Vice Chairman
Yadu Hari Dalmia
Company History - Dalmia Bharat Sugar
YEAR EVENTS 1951 - The Company was Incorporated in the State of Tamilnadu. With its
Reg.office at Dalmiapuram, Tiruchirappalli, Tamilnadu-621651
- The Company's object is to manufacture cement, drainage pipes, pipes for water supply and
irrigation, culverts, porcelain sanitary ware, insulated acid resisting tiles, radios, record players,
tape recorders and allied instruments. The products are sold under the name `Dalmia'.
1955 - Nominal value of 59,307 preference shares of Rs.100 each and 10,59,919 No. of equity
shares of Rs.10 each reduced to Rs.40 and Rs.2.50 each respectively. 69 preference and 81 No.
of equity shares issued.
1956 - In October 3,56,250 right preference shares of Rs.10 each and 31,80,000 right equity
shares of Rs.2.50 each offered in prop. 6 new pref. : 1 pref. Rs.40 and 3 new equity : 1 equity of
Rs.2.50.
1957 - 4 equity shares of Rs.2.50 each consolidated into one equity share of Rs.10 each.
1958 - Preference shares of Rs.100 and Rs.40 sub-divided into preference shares of Rs.10 each.
1959 - 2,17,788 rights equity shares of Rs.10 each issued at par prop.1 new equity share against
paid up. Value of existing equity and or deferred shares of Rs.60 or part thereof.
1962 - The Magnesite Corporation of India Ltd., a wholly owned subsidiary and manufacturing
dead-burns magnesite at its plant in Salem was amalgamated with the Company on 1st January,
1964.
1963 - 49,925 pref. and 74,965 No. of equity shares allotted without payment in cash to members
of the Magnesite, Corpn. of India, Ltd on its merger in prop. 1:1 (pref.) and 1:1 (equity).
1964 - Defd. shares converted. 1,25,000 No. of equity shares of Rs.10 each issued to the holders
of 5 lakh Defd. Shares in prop. 1:4 by capitalising the amount from the Reserve fund.
1965 - In November, the Company purchased a cashew factory at Kundara in Kerala state. The
Cashew business is carried on by the company under the name and style of Dalmia International.
1967 - The export business was extended to other commodities like coffee walnuts and black
pepper.
- In April, 7,43,986 Bonus equity shares issued in the prop. 2:5.
1968 - 2,62,908 pref. shares cancelled and converted into 1,96,431 No. of equity shares on 2nd
December.
1969 - 91,968 pref. shares cancelled and converted into 68,976 No. of equity shares on 22nd
August.
1970 - The Company set up a travel agency business in New Delhi under the name and style of
`Govan Travels' and it was recognised by the International Air Transport Association and also by
the Department of Tourism, Ministry of Tourism and Civil Aviation, Govt. of India. Branch
offices were opened at Mumbai and Chennai in 1971.
1975 - Dalmia Dairy Industries, Ltd. (formerly Dalmia Cement, Ltd.) ceased to be a subsidiary
of the Company with effect from 31st January.
1976 - A new office was opened at Cochin in May.
1978 - The Company was compelled to close its cargo business.
1980 - The possession of the Ballabhgarh factory of the erstwhile Telesound India, Ltd. was
taken from the Receiver from December.
- The Company introduced new stereo systems.
- Telesound India Ltd. (TIL) (formerly Telefunken India Ltd.) was amalgamated with the
company with the company with effect from 1st January.
- In terms of the scheme of Amalgamation approved by the High Court of Delhi and Chennai, the
Company allotted 1,91,985 - 11% cumulative redeemable preference shares of Rs.10 each to the
former shareholders of TIL. TIL was a sick unit and was manufacturing radio receivers. After
amalgamation, the manufacturing unit of TIL at Ballabhgarh became the Electronics Division of
the Company under the name and style of "Dalmia Electronics Corporation".
1983 - The land and buildings at Ballabhgarh, New Delhi and Mumbai were revalued as on 31st
December. The net surplus arising out of this was credited to revaluation reserve.
1985 - The operation of the cement division suffered due to power cuts and rise in the costs of
coal and power.
- The captive diesel generating sets installed, which were originally conceived as a stand-by
arrangement, had to be run throughout the year.
- Production and sales registered substantial improvement due to increased offtake of dead-burnt
magnesite by refractory industry.
- The Kerala Government issued a notice for acquisition of the cashew processing unit and took
possession of the unit on 20th February.
- The Company challenged the acquisition of the cashew processing unit through a writ petition
before the Kerala High Court and obtained a stay.
1986 - The magnesite ore beneficiation plant was commissioned in March. The mining lease of
the Company's magnesite mines was due to expire during the year.
- In January, it was decided to suspend further activities of the merchant exports division due to
the division's continued unsatisfactory performance.
- Due to continued pressure of competition from kit-technology, the desired level of production
and sales could not be achieved.
1987 - Both production and sales were adversely affected because of strike by workers for
almost 45 days.
- The Company proposed to install a new mill house in view of the long term monoliths
requirements.
- Two new Hi-Fi Ampli cassette deck music systems were introduced.
1988 - Production and sales were adversely affected due to non-availability of acceptable quality
of raw magnesite in sufficient quantity from the mines.
- The Company executed a joint venture agreement with Industrial Promotion and Investment
Corporation of Orissa Ltd. (IPICOL) for the manufacture of 100,000 TPA of pig iron.
1989 - Production and sales of dead-burnt magnesite did not improve much due to non-
availability of acceptable quantity of raw magnesite in the Company's mines.
- Due to high level of already existing clinker, stock production had to be curtailed to avoid
building up to stocks to unduly high levels.
- As a measure of cost reduction and conservation of energy, a ship power recovery system was
commissioned during the year. `O' sepa high efficiency separator for cement mill was installed
and an order was placed for kiln supervisory control system.
- Production and despatch of cement did not improve due to prevailing competition, oil crisis and
short supply of wagons.
1990 - Colour television was introduced and new economical design Hi-Fi Ampli Cassette Deck
Music systems were introduced towards the end of the year.
- Serious disturbances in the Northern part of the country and the Gulf war affected the tourist
season and the foreign exchange earnings suffered a set back.
- The multilayer ceramic capacitor plant was commissioned after receipt of requisite clearance
from the State Pollution Control Board.
1991 - The Company installed one 4.3 MW imported diesel generator that could run on heavy
fuel oil. Steps were taken to automate cement grind control for cement mills.
- The Company proposed to put up a Wind Mill Farm in Tamilnadu for producing power by
using wind energy to be used in the cement unit.
- New models Hi-Fi Ampli cassette deck music system were introduced.
- Colour Televisions based on ET & T design were produced in small quantities.
- Approvals from Bharat Electronics and Electronics Corporation of India, Ltd. was received.
- The Company had signed a Memorandum of Understanding with Gujarat Mineral Development
Corporation Ltd., to jointly implement a project for manufacturing cement based on lignite fuel
and limestone deposits available in Kutch district of Gujarat.
- 28,69,358 bonus shares issued in prop. 1:1.
1992 - Due to sharp decline in new orders from Departul of telecommunication for new
exchanges, orders for components from Original Equipment Manufacturers declined sharply.
1993 - Introduction of many new black and white TV models.
- During April, the first phase of a wind mill farm for producing 2.25 MW of electricity was
commissioned.
- Effective 1st April, Vivek Ganna Ltd., were merged with the company. The Company took
over implementation of its 2500 tonnes sugar project at Ramgarh at in Sitapur district of UP
under the name and style of `Ramgarh Chain Mills'. Efforts were on to commission the plant
during 1994-95 sugar season.
- Shri Rangam Investment Co., Ltd., Poonam Finance, Ltd., Anupama Investment Ltd., Kanika
Investment, Ltd. and Surya Finance Ltd. are wholly owned subsidiaries of the Company.
- 19,12,905 bonus equity shares allotted in prop. 1:3.
1994 - Both production and despatches had gone up due to increased demand for cement in
Kerala and Tamil Nadu.
- The Company has iron ore mines in the Bellary Hospet area.
- Demand for dead burnt magnesite continued to be low due to less orders from integrated steel
plants. During the year Forsterite bricks were developed.
- The Dalmia Electronics Corporation unit proposed to develop and launch many new audio
models in November.
- A wide range of new audio products were introduced.
- The sugar unit was commissioned in the last week of December. Delay in the commissioning of
the second boiler resulted in low crushing.
1995 - Chip Resistor plant orders were placed during the year.
- Production and sales of dead burn magnesite and Monoliths were affected for 33 days in April
and May due to strike by workers.
1996 - Sales were affected due to reduced demand from steel and refractory manufacturers
coupled with severe competition from import of Dead Burnt Magnesite also affected sales.
- Production and sales of Audito products declined due to competition from overseas producers.
1997 - Sales were affected due to recession in the Steel Industry and stoppage of the plant for
about 100 days.
- Dalmia Cement Bharat (India) Limited has proposed to the Karnataka Government to increase
the capacity of its proposed foundry grade pig iron plant in Rani Bennur district of Karnataka.
- The mining activity at the Hospet unit of the company has been suspended consequent to the
interim order of the Supreme Court to stop mining in the forest area.
1998 - The company has also set up sugar plant in Uttar Pradesh, which is being expanded, with
cane crushing of 2,500 tonnes per day.
- Icra has assigned a double-A rating to the Rs 50 crore long-term non-convertible debenture
programme of Dalmia Cement Bharat Ltd, indicating high safety. The medium- and short-term
ratings have also been reaffirmed at MAA+ and A1+.
- The company has planned to increase the capacity to 230,000 tonnes per annum (tpa) from the
initial 180,000 tpa.
- The company is also seeking a technical collaboration from Shougang of China.
1999 - The Rs 290-crore (Rs 100 crore = Rs 1 billion) Dalmia Cement (Bharat) Ltd is on the
lookout for strategic alliances including acquisitions and joint ventures to be set up in the near
future.
- Dalmia Cement's fixed deposit programme is open for subscription. It has a MAA+ rating from
ICRA.
2000 - Dalmia Cement (Bharat) Ltd has introduced Dalmia Vajram Cement.
- Mr. S. Ravi, Nominee Director of Indian Renewable nergy Development Agnecy Ltd, has
withdrawn from the board effective from 7th September.
2002
-Expands its capacity stands from 10.34 lakh TPY to 12.34 lakh TPY.
2003
-RBI notifies NRI's and people of Indian Origin not to purchase the shares of the company
without obtaining prior clearance from the regulator.
2008
- Dalmia Cement Bharat Ltd has inducted Shri. G N Bajpai as a Director of the Company,
subject to approval of Central Government under section 259 of the Companies Act, 1956.
Company Background
Industry Name: Sugar - Integrated Face Value: 2.0
House Name: Not Applicable ISIN: INE495A01022
Incorporation Date: Market Lot: 1
The Listing Page of Dalmia Bharat Sugar and Industries Ltd. presents the Key Dates, Key
Listing information, Indices it is a part of, and the Exchanges where the company is listed
Key Dates
Incorporation Date
Public Issue Date
Year Ending Month -March
AGM Month -August
Book Closure Start Date -20/08/2010
Book Closure End Date -27/08/2010
Listing Information
Face Value 2.0
Market Lot Of Equity Shares 1
BSE Code 500097
BSE Group B
The compnay forms a part of following indices –
BSE Small-Cap Index
CNX Midcap 200 Index (200 Cos)
Listed On
Bangalore Stock Exchange Ltd.
Calcutta Stock Exchange Association Ltd.
Delhi Stock Exchange Assoc. Ltd.
Madras Stock Exchange Ltd.,
National Stock Exchange of India Ltd.
The Stock Exchange, Mumbai
-
Competitors
13862
COMPANYSYMBOL
25 Dalmia Bharat Sugar and Industries Ltd. DALCEM
Bajaj Hindustan Ltd. BAJHIN
Balrampur Chini Mills Ltd. BALCHI
Belapur Industries Ltd. BELIND
DCM Shriram Industries Ltd. DCMSHI
Dhampur Sugar Mills Ltd. DHASUG
Dhampure Specialty Sugars Ltd. DHASPE
