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Nahar Poly Films Ltd.

Nahar Poly Films

NSE

0.00

0.00 (0.00)%

Plastic Products

Small-cap

With a market cap of ₹18.90L Cr.

Moderate Volatility
Stock is 1.13x as volatile as index
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Subsidiaries

No Data Available

No Subsidiaries Data available

Management

1. Jawahar Lal Oswal
Chairman
2. Sambhav Oswal
Managing Director
3. Dinesh Oswal
Promoter & Non-Executive Director
4. Kamal Oswal
Promoter & Non-Executive Director
5. Dinesh Gogna
Non Executive Director
6. Satish Kumar Sharma
Executive Director
7. Roshan Lal Behl
Non Executive Independent Director
8. Rajan Dhir
Non Executive Independent Director
9. Prem Lata Singla
Non Executive Independent Director
10. Manisha Gupta
Non Executive Independent Director
11. Anchal Kumar Jain
Non Executive Independent Director
12. Pankaj Goel
Non Executive Independent Director
13. Priya
Company Secretary & Compliance Officer

Contact Information

Company Address

376, Industrial Area - A,
Ludhiana, Punjab - 141003
www.owmnahar.com
secnel@owmnahar.com

Registrar

Alankit Assignments Ltd.
Alankit House , 4 E/2, Jhandewala Extension,New Delhi
Phone: 91-11-4254 1234
Email: rta@alankit.com
Website: www.alankit.com

Company Profile

Nahar Poly Films Ltd, a Nahar Group company, started out in 1988 as manufacturers & exporters of cotton hosiery garment knitwear the company soon realized that to move forward it had to strategically move back.

This it did through focused backward integration by setting  up on its own spinning unit with an ambitious installed capacity of 25000 spindles aiming to provide premium value added and specialty yarns to the market This move was met with resounding success with total spindelage jumping from a modest 16000 in 1992 to a whopping 72000 in 1998.

It was a conscious decision aiming to reap the benefits of a profitable merger. A proactive move strongly indicating the company determination and confidence, to race ahead of competition by superior utilization of both man & machines. A master strokes towards optimizing the bottom line of the company while minimizing administrative functional & legal hassles in one final swoop.Today, the results of these dynamic synergies are here for all to see in the year 2003-2004 the company achieved a turnover of Rs 4687 million and earned a profit of over Rs 357 million. Nahar Exports has five plants with a spindlage capacity of 153664 spindles manufacturing a wide range of premium specialty & value added yarns manned by a  dedicated work force of  5000 exporting to enthusiastic customers in the competitive export market of Europe, Hong Kong ,Singapore, Mauritius & South East Asian Countries Nahar Exports today is a major player in the chosen area blazing new trials & spanning new horizons in its on going  pursuit of ever greater excellence.

To consolidate the textile business under single umbrella and to have focused business approach, it was thought desirable and expedient to restructre company’s businesses. Accordingly a composite scheme of demerger and arrangement with Nahar Spinning Mills Limited was proposed, which was approved by the Punjab & Haryana High Court vide its order dated 21st Dec., 2006.

After the implementation of the scheme of demerger and arrangement, the company was left with the residual business i.e. some long term investement in shares and mutual funds. The managements having regard to the intrests of shareholders and stakeholders decided on 16th may, 2008 to put up I-Axially Oriented Polypropylene Films (BOPP Films) project. BOPP films is mainly used in flexible packaging and will be sold in the domestic and international markets. India's expanding organised retail business has provided ample opportunities for growth in the manufacturing activity.

Business area of the company includes:

  • The company is dealing in manufacture and export of cotton hosiery and knitwears.
  • BOPP Films - BOPP films is mainly used in flexible packaging
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