Hanung Toys & Textiles Ltd - Stock Valuation and Financial Performance

Hanung Toys & Textiles(HTTL) was set up in the year 1990 in collaboration with a South Korean Company. It is a name to be reckoned internationally in the field of Soft Toys and Home Furnishings. In India, it has the distinction of being the leading manufacturer and exporter of Soft Toys and one of the leading manufacturers and exporters of Home Furnishings.

The company is the licensee of Walt Disney characters for soft toys in the country. HTTL's pioneering efforts on the shaped cushions have revolutionized the market, both domestic and international.

It complies with international quality standards like EN-71, ASTM and BS 5852. They have also been awarded the ISO 9001-2000 for quality management systems to manufacture, supply and export of Soft Toys and Home Furnishings.

They are the niche market holders in the Soft Toys and children's furnishings because of their excellent service, quality and the most competitive and consumer-friendly prices which has resulted in their continued presence in the markets of USA, Europe and other developed countries. Their professionally-managed design and development team has developed more than 4,000 designs. Thorough study of the changing market trends, their creative and innovative ideas lead to the development of new designs everyday.

The company owns ‘Play-n-Pets’ and ‘Muskan’ brands in stuffed toys and ‘Splash’ in home furnishings. They are already catering to more than 100 distributors for the stuffed toys under the brand ‘Play-n-Pets’ and ‘Muskan’ across the country, including multi-brand outlets like Lifestyle, Shopper’s Stop, Westside, Big Bazar (Pantaloon group), Pyramid, Globus, Landmark and all other leading stores. Their ‘Splash’ range of Home Furnishings are available at 600 stores across the country. . These brand names associated with Hanung are among the leading contenders for the highest market share.

Product Range:

• Bedding - Adult Bedding,   Kids Bedding
• Decorative pillows - Back to school,   Embellished Elegence,   Textures n basics
• Shaped Pillows - Aquatic life,   Butterflies, Calestial,   Christmas, Flowers
• Flooring,
• Sheeting and Duvets,
• Soft Toys,
• Throws n Cushions,
• Windows.

Divisions:

• The Soft Toys Division -- Established in 1990, it has a production capacity of 20,000 pieces per shift and a work force of 900 people. The production capacity is one of the highest in the sector and responsible for the huge market share that HTTL has in Soft Toys and shaped pillows.
• The Processing Division – The division is in operation since 2003 has a production capacity of 20,000 meters per day and a workforce of 260 people. It is equipped with the latest machinery and with the capacity to process up to 120 inches wide fabric in bleaching, dyeing and 16 colour printing.
• The Furnishing Division -- Set up in 2002, it is located in the Hosiery Complex of Noida and has a production capacity of 3,000 sets per shift and a work force of 450 people. The factory has the latest state-of-the-art machinery and has created the hallmark of quality products in Home Furnishings.

Awards/Achievements:

• IKEA Best Delivery Security Award 1994
• Licensed Manufacturer of Walt Disney soft toys in India
• 1st Position, Excellent Performance in Export: SSI & Export Promotion, Govt. of U.P. (consequent 4 years : 1999 -2004
• 1st Position, U.P. State Export Award (consequent 3 years : 1999- 2003)
• Toys Exporter of the year 1997 : The Toys Association of India
• Merit Awards: Ministry of Commerce