LIMITED:-
P R E S E N T E D BY:
SIDHARTHA SANKAR SAMAL
FUNDAMENTAL ANALYSIS
TEXTILE INDUSTRY
Account 14% to total industry out put.
Accounts about 30% in the total export
Global recession
Less export orders
Price of raw materials like cottons
Bottleneck like Power,Tamilnad
Growing Economy and potential domestic and international market
Abundant Raw material availability that helps industry to control costs and
reduces the lead time across the operation.
Availability of low cost and skilled man power provides competitive
advantage to industry.
Growth rate of domestic textile industry is 6-8% per annum
Greater investment and FDI opportunities are available.
ECONOMY ANALYSIS
According to Shri. R.K. Dalmia, Chairman of the Confederation of Indian Textile
Industry :-
Stimulus package
v It has also been affected by negative government decisions
Reduction of drawbacks rates withdrawal of interest subvention on export credit
Increase in minimum support prices for cotton.
Exchange Rate
Export earnings increased as Rupee depreciates (50% to USA Exports)
GDP- Has Decreased
Inflation has Increased put negative impact
COMPANY ANALYSIS
It was incorporated as Mudra Fabrics Private Limited (MFL) on May 21,
1992
On October 13, company was converted into a public limited company.
On September 30, 2004 it was named as Bombay Rayon Fashion limited
(BRFL).
Promoter Mr. Janardhan Agrawala. Mr. Aman Agrawal and Mr. Prashant
Agrawal
Share holdings:- The major chunk(Till 30/9/2008)
Indian Promoter-48.42%
Mutual Funds-12.82
FIIs-37.92
PEER VALUATION
Operating Segments: It has capacity to produce 28.8mn garments but after the full
expansion, the capacity will reach approximately 71.4mn pieces. It has sold 14.64mn
pieces of garments in FY08
The current capacity of fabric manufacture is 55mn meters, out of which it has sold
48.86mn meters during FY08.After the expansion the fabric capacity will reach approx
235mn meters of fabric
The company has taken up massive expansion plans, which include setting of garment
manufacturing capacity of 100000 pieces per days and fabric capacity of 180mn/annum.
Garments unit are coming up at Ichalkaranji, Nanded, Latur and Osmanabad.
HOLD EXISTING
BUY NEW ENTRANT
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