52w high/low | ₹47.9 / ₹13.02 |
P/E ratio | 8.83 |
Dividend | 0 |
ROE | 9.01 |
ROCE | 11.27 |
Face value | 10 |
Book value | ₹85.34Cr |
Market capital | ₹54.35Cr |
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
A recent entrant in the petrochemical industry, Laffans Petrochemicals manufactures petrochemical derivatives for supply to the paint and automobile industries. Its product range includes speciality chemicals like surfactants (based on fatty alcohol), solvents (like glycol ethers), amines (like ethanol amines), polyethylene glycols, etc. To manufacture these petro products, which are termed ethylene oxide derivatives, a plant has been set up with technical assistance from Reliance Industries. It has a locational advantage since the site at Panoli, Ankleshwar, is about 60 km from Reliance and 70 km from IPCL. Both these supply it with ethylene oxide, its basic raw material. In Oct. '93, it commenced commercial production and started supplying glycol ether and ethoxylate. The glycol ether capacity is being expanded to 10,000 tpa.