CORPORATE / BUSINESS

Jash Dealmark Announces Bonus Shares

Jash Dealmark Ltd is a Listed-on SME segment of BSE, it’s a leading importer of Glass & Plastics Beads with All Types Parts of Imitation raw, Company engaged in trading and supply of customized industrial and engineering plastic components & FMCG Products, also trade in MS/SS sheets, Rod and all type of Industrial metal scrape, The Company is one of the leading traders of EXIM SCRIPS all over India. Company has announced Bonus Shares in ratio of 1:1.
The company had started its business with turnover of Rs. 7 Crore during the F.Y 2012-13, which increased to Rs 12.60 Crore in F.Y 2013-14 & Rs 17.05 Crore in F.Y 2014-15 due to trading of various industrial & engineering products. The company experienced remarkable increase as the turnover increased at Rs. 108.12 Crore in F.Y 2015-16 as it also started trading of FMCG products & it increased at Rs 405.53 Crore for F.Y 2016-17. The company’s projected turnover after implementation of the new manufacturing plan for F.Y 2017-18 is Rs. 590.94 Crore & for F.Y 2018-19 is Rs. 889.12 Crore. New manufacturing facility and new products will increase Jash Dealmark’s revenue and profits which are expected to increase to Rs. 303.58 Lakh in F.Y 2017-18 & Rs. 699.17 Lakh in  2019-20. The Company’s net worth is projected to increase upto Rs. 3,290.73 Lakhs for F.Y 2017-18 & upto Rs. 3989.90 Lakhs for F.Y 2019-20.
The company is planning expansion, where in it is setting up a new manufacturing line for manufacturing of Stainless Steel & Mild Steel products at investment of Rs. 4 Crore, out of which company has already purchased the CNC Hydraulic Press Brake Machinery & Amada Punch Press Machinery which will be used to manufacture Coffee Machine, Modular Kitchen furniture in SS, fabrication of control panel box of different sizes, AHU Panels, Pass box, Sheet metal doors and panel of materials like Mild Steel, Stainless Steel, etc.  We are doing all types of sheet metal customized products.
 India’s organised FMCG space is expected to grow at a pace of 14-15% YOY per annum for the next decade to the size of US$ 220 billion to 240 billion. Consumption is expected to be driven by factors such as increasing in-come, rising urbanisation, nuclearization, as well as growing work force. As per a recent survey, incomes are likely to rise by 70% by 2025; more than a third of the population is likely to reside in urban parts of the country; reducing household sizes due to nuclearization is likely to add about 10 million households by 2020; about a 100 million of youth are expected to join the work force by 2020 which will benefit Jash Dealmark Ltd.

Related posts

HPCL celebrates 150th Birth Anniversary of Father of Nation

Panasonic’s online brand Sanyo launches new Kaizen TV series powered by Android TV

mumbainewsexpress

 GSK launches Iodex UltraGel

Leave a Comment

9 + 1 =