Company Stovec Industries Limited

Equities

STOVACQ6

INE755D01015

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 03:30:51 10/05/2024 pm IST 5-day change 1st Jan Change
2,867 INR +8.97% Intraday chart for Stovec Industries Limited +8.85% +14.85%

Business Summary

Stovec Industries Limited is engaged in the manufacturing and selling of textile machinery and consumables, graphics consumables and galvanic screens. The Company operates in three segments: textile machinery and consumables, graphics consumables, and galvanic. The Textile Consumables and Textile Machinery segment includes perforated rotary screens, lacquer and auxiliary chemicals, rotary screen-printing machine, engraving equipment, and components and spares. The Graphics Product segment includes anilox rollers, rotamesh screens and rotaplate. The Galvanic segment includes galvano consumables. The Company supplies installation and after-sales support of printing machines and development and production of consumables for their use in textiles. In addition, it also manufactures electroformed products for the sugar industry, packaging and graphic printing industry. It provides a screen for label printing and industrial applications. The Company also offers laser engraving machines.

Number of employees: 240

Sales per Business

INR in Million2022Weight2023Weight Delta
Textile Consumables and Textile Machinery
94.2 %
2,061 87.4 % 1,952 94.2 % -5.27%
Graphics Product
5.8 %
118 5.0 % 121 5.8 % +1.85%

Sales per region

INR in Million2022Weight2023Weight Delta
India
79.6 %
1,928 81.8 % 1,649 79.6 % -14.48%
International
20.4 %
430 18.2 % 423 20.4 % -1.55%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 01/13/01
Director of Finance/CFO - 01/15/01
Compliance Officer - 05/19/05

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 16/16/16
Chairman 81 28/05/28
Director/Board Member 68 21/99/21
Chief Executive Officer 56 01/13/01
Director/Board Member 71 01/20/01
Director/Board Member - 26/21/26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,088,016 543,298 ( 26.02 %) 0 26.02 %

Shareholders

NameEquities%Valuation
Investcorp Holdings BSC
71.06 %
1,483,777 71.06 % 43 M ₹
Government of India
1.761 %
36,777 1.761 % 1 M ₹
Kalpesh Harakhchand Gala
1.157 %
24,164 1.157 % 701 546 ₹

Company contact information

Stovec Industries Ltd.

N.I.D.C., Near Lambha Village Post Narol

382405, Ahmedabad

+91 79 6157 2300

http://www.spgprints.com/stovec-investor-page
address Stovec Industries Limited(STOVACQ6)
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