Sybly Industries Ltd - Stock Valuation and Financial Performance

Sybly Industries Ltd, established in December 1995 was promoted by Satya Prakash Mittal and his sons Mahesh Chand Mittal and Umesh Kumar Mittal, is a well profound existing public listed company engaged in the manufacturing of Polyester Yarn and Mercerised Cotton Yarn having its Works and Registered Office at Pawan Puri, (Near Canal), Muradnagar, Distt. Ghaziabad (UP)

Initially the company was incorporated as a private company in the name of Sybly Spinning Mills (P) ltd. In 1995 the company converted into a public company named as Sybly Spinning Mills  and came out with a public issue of equity shares of over Rs 245 lakh, which was over subscribed nearly by 2 times. The shares of the sompany are presently listed at the Bombay Stock Exchange. With the help of this public issue the company went into a backward integration project for spinning of cotton yarn with the annual capacity of 1125 M.T. of Single Yarn and 660 M.T. of Cord Yarn. From January 2001 the company changed its name to Sybly Industries to widen its scope of activities.

With the changing scenario in the textile Industry and forcing market of the polyester yarn, the company acted quickly and switched over to manufacturing of polyester yarn from cotton yarn in November 1999. With the major expansion programme the Company is presently running with the annual production capacity of 3460 M T polyester yarn and 660 M T mercerised cotton yarn running with its optimum capacity.

Sybly Industries Limited is situated at the prime location of Muradnagar at Meerut Delhi Highway about 40 km from New Delhi. This location has advantage of convenient transport facilities for goods, well connected with broad gauge railway. All the basic infrastructure facilities such as transportation, electricity, communication, and water are readily available in the industrial area. Having about 25909 sq. metres of factory premises SIL has two units situated at the both side of the road. The factory is well equipped with quality machines from the reputed suppliers and all possible facilities. The total constructed area of factory building is 108563.76 Sq. Ft.

During the last 18 years, SIL has expanded, modernized & diversifies its manufacturing facility. Presently, production capacity of SIL is 4120 MT P.A. including 660 MT cotton yarn processing.

Product range of the company includes:

Sybly Industries Limited is a well profound engaged in the manufacturing of polyester yarn and mercerised cotton yarn.

• Single Yarn
• Cord Yarn
• Dyed Polyster Yarn
• Polyster Viscos Yarn
• Mercerised Cotton Yarn
• Polyster Threads Yarn